Tag: Launch

Play-to-Earn Is Dead, But ScapesMania’s Launch Brings a Vital Alternative In Light of the P2E Apocalypse – Press release Bitcoin News

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press release PRESS RELEASE. P2E projects have reached a dead-end due to the inherent issues of the model. Token Prices and user bases are plummeting and revenue streams of such projects are no longer functioning. So, is this it for the P2E, and is there a way out? May 4, 2023, MAHÉ, SEYCHELLES – After a tumultuous two years, the market cap for GameFi tokens stood at a staggering $27 Billion USD at the start of 2022. Fast forward to 2023, and that amount stands at a much cooler figure…

$22M of Curve Finance algo stablecoin minted since mainnet launch

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Decentralized finance (DeFi) protocol Curve Finance has launched its native algorithmic U.S. dollar-pegged stablecoin, dubbed “crvUSD” on the Ethereum mainnet — minting more than $22 million worth of the crvUSD so far. According to data from blockchain explorer Etherscan, the contract has minted more than $22 million worth of crvUSD in the past 8 hours, with $20 million of that amount minted within the first 5 minutes. Screenshot of crvUSD transaction data. Source: Etherscan The deployment of crvUSD on the Ethereum network is a significant step towards the public release…

CoinMarketCap to Launch ‘Killer Whale’ Competition Show

Beginning on May 2, interested parties can submit their applications to Hello.one and CoinMarketCap, and those chosen will go through several rounds of interviews in Hollywood, California. Filming for the show begins in June, and the show is slated for release across major streaming services and Hello Labs’ on-demand Hello TV service. Source

Michelin to launch Michelin 3xplorer Club NFT series on Ethereum

Share Share on Twitter Share on LinkedIn Share on Telegram Copy Link Link copied Global tire manufacturer, Michelin, has announced the launch of the non-fungible token (NFT) series “Michelin 3xplorer Club”. It is set of 5,000 NFTs that will go on sale and be minted on Ethereum on June 15. The renowned Michelin food guide may be connected to the NFT collection. Michelin’s NFT Membership Cards to offer exclusive benefits According to Wu Blockchain, Michelin will release 5,000 NFT series dubbed “Michelin 3xplorer Club” n Ethereum on June 15. It…

Mauritius planning to launch pilot project for retail digital rupee late this year

Mauritius plans to launch the pilot phase of a digital rupee in November, Bank of Mauritius governor Harvesh Kumar Seegolam announced. Many of the parameters of the perspective central bank digital currency (CBDC) are already in place. Speaking at the International Monetary Fund/World Bank Community of Central Bank Technologists meeting held on the main island, Seegolam said he prioritized CBDC development when he took office in 2020: “As a central banker, I need not stress upon the determining role that CBDCs can play, not only in protecting monetary sovereignty but also…

CoinList Set to List SUI as Mainnet Launch Date Approaches

The Sui Network is adjudged to be a protocol that makes digital asset ownership fast, private, secure, and accessible to everyone. American token launchpad and trading platform CoinList is set to list SUI, the native token of the much anticipated Sui Blockchain network. As announced by the trading platform, the listing will take place on May 3 which will coincide with the scheduled date that the Sui network will be launching its mainnet. “Our mission at CoinList is to empower builders at any stage in their journey, and connect them…

Romania to launch national NFT marketplace: Nifty Newsletter, April 19–25

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In this week’s newsletter, read about how Romania plans to drive Web3 adoption in the country using NFTs. Check out how Sotheby’s will auction off some NFTs of the collapsed crypto hedge fund Three Arrows Capital. In other news, find out how games and tokenization are driving the maturation of the NFT space and how a second batch of Trump NFTs sold out a day after launch. And don’t forget this week’s Nifty News featuring Yuga Labs’ victory in court. Romania plugs into Web3 with national NFT marketplace Romania’s National…

CertiK, zkSync to launch compensation plan for $2M Merlin DEX exploit

Blockchain security firm CertiK is launching a compensation plan with Ethereum layer-2 scaling platform zkSync Era to cover the $2 million lost during a public sale of decentralized exchange Merlin’s MAGE tokens. In a statement to Cointelegraph on April 26, CertiK reiterated it is investigating the exit scam and has also enlisted the remaining Merlin team to initiate the compensation plan. It said: “Initial investigations indicate that the rogue developers are based in Europe, and CertiK will collaborate with law enforcement authorities to track them down if direct negotiation is…

CertiK to launch compensation plan for $2M Merlin DEX exploit

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Blockchain security firm CertiK is launching a compensation plan to cover the $2 million lost during a public sale of decentralized exchange Merlin’s MAGE token. In a statement to Cointelegraph on April 26, CertiK reiterated it is investigating the exit scam and has also enlisted the remaining Merlin team to initiate the compensation plan. It said: “Initial investigations indicate that the rogue developers are based in Europe, and CertiK will collaborate with law enforcement authorities to track them down if direct negotiation is unsuccessful.” The blockchain security company is urging…