Get the weekly summary of crypto market analysis, news, and forecasts! This Week’s Summary The crypto market ends the week at a total market capitalization of $2,17 trillion. Bitcoin continues to trade at around $62,300. Ethereum experiences no changes and stagnates at around $2,400. XRP is down by 2%, Solana by 1%, and Dogecoin by 3%. Almost all altcoins are trading in the red, with very few exceptions. The DeFi sector decreased the total value of protocols (TVL) to around…
Blockchain
Experience the World’s First Stable Blockchain-Based Social Slots Game
Massive Gaming, NEOWIZ’s overseas affiliate, will launch the global social casino slot game House of Slots in March 2023, House of Poker, a global social casino hold’em game will be released as a follow-up. Before and after launch, tokens, airdrops, and game NFT free minting will be included in House of Slots. Introduced as the world's first stable blockchain technology-based social casino game, House of Slots is intended to provide users with the opportunity to experience the Play and Earn…
2 years ago
Venom Foundation and Hub71 Partner to Accelerate Growth and Adoption of Blockchain Technologies from Abu Dhabi
Venom Foundation, the first Layer-1 blockchain licensed by Abu Dhabi Global Market (ADGM), has teamed up with Hub71, Abu Dhabi’s global tech ecosystem, to provide startups with enterprise-grade solutions and simplify blockchain adoption for businesses. The collaboration between Venom Foundation and Hub71 will focus on accelerating the growth and adoption of blockchain technologies in the Middle East and North Africa (MENA) region and beyond. Venom Foundation will work closely with Hub71+ Digital Assets, Hub71’s dedicated Web3 and Digital Assets specialist…
2 years ago
Smart Contract Security – Pitfalls and Solutions
Smart contracts are becoming increasingly prevalent as the world moves towards a more digital and automated future. Still, they are far from being the panacea of all technological ills. Smart contracts are self-executing contracts with a predetermined set of rules. They are stored on the blockchain and run by computers, which makes them tamper-proof and reliable. However, as with any new technology, smart contracts have associated risks. This article will explore some of the most common pitfalls and how to…
3 years ago
Understanding the GameFi Phenomenon
The GameFi industry is changing the way people think about gaming and finance. It provides a new way for gamers to interact with each other and earn money. It is also giving people a new way to invest their money. The GameFi industry has the potential to change the way these industries operate. This guide will look more closely into this new business, covering several features. What Is the GameFi Sector? The GameFi sector is a crypto-based industry that uses…
3 years ago
LykaCoin – All-in-One Blockchain Ecosystem
LykaCoin is a multi-chain blockchain ecosystem similar to Polkadot and Avalanche but promising to be more competitive. Its goal is to add innovations, progressive views, and a different vision to the newly-built meta universe with the projects it will do and develop. Notably, it aims to attract them with zero gas fees and potentially unprecedented scalability. This LykaCoin review looks closer at one of the fastest developing blockchain projects in the industry. Read on to discover its features, tokenomics, and…
3 years ago
‘Blockchain; Not Bitcoin,’ Says Franklin CEO Jenny Johnson
Jenny Johnson – CEO of $1.4 trillion money manager Franklin Templeton – recently called Bitcoin a “distraction” from true financial innovation. By contrast, she said its blockchain technology will have a “pretty dramatic” impact on the financial industry, and others. In an interview with Bloomberg, Johnson doubted that governments will allow Bitcoin to become a dominant global currency. “It’s more like religion, and people are going to debate it,” she said. Blockchain, however, was another story. She claimed that her…
3 years ago
How Do NFT Transaction Fees Work?
When sending or receiving NFTs, you'll need to pay a fee to the blockchain to process the transaction. This fee helps to cover the costs of processing and validating the transaction. The fee varies depending on the blockchain, but it's generally small. If you're new to NFTs, then it's important to understand how transaction fees work before sending or receiving any tokens. By understanding the fees involved, you can avoid unexpected costs and ensure blockchains process your transactions smoothly. What…
3 years ago
Decentraland – A Virtual Reality Platform Unleashing the Blockchain Potential
Since its inception, virtual reality has been a phenomenon. People have been fascinated by the idea of stepping into another world that humankind created. With Decentraland, this fascination has become a reality. Decentraland is a popular virtual reality platform that allows users to create and experience anything they can imagine. Decentraland is also a cryptocurrency platform. Within the Decentraland ecosystem, users may buy goods, services, and real estate with the MANA token. The MANA token enables the project's founders to…
3 years ago
Luxury Jeweler Tiffany & Co. to Launch CryptoPunk-themed Necklaces
American jewelry retailer Tiffany & Co. has partnered with blockchain firm Chain to offer CryptoPunk holders exclusive necklaces. The high-end jewelry brand revealed this news via a tweet on July 31. [embed]https://twitter.com/TiffanyAndCo/status/1553811244536270852[/embed] NFTiff is a collection of 250 digital passes, which the firm is offering CryptoPunk holders. Each pass has a price tag of 30 Ether (ETH), and buyers can redeem their passes to get a custom-designed pendant that resembles their CryptoPunk. Additionally, Tiffany & Co. will offer buyers an…
3 years ago