Author: Crypto Flexs

Game • April 25, 2024 11:26 AM EDT Posted 1 minute ago In ~ Blockchain gaming platform Immutable has announced the launch of “the largest web3 gaming quest and rewards program ever.”Called “Main Quest,” Immutable said it has already secured $50 million in token rewards for players. The company also said the Immutable ecosystem “boasts more than 270 titles currently in development,” including high-profile gaming projects like “Illuvium” and MetalCore. Both games are among 10 titles included in the first phase of the program, the company said. “Starting today, players can immediately earn rewards by exploring quests, playing games, and…

Expectations and uncertainty are intertwined as U.S. issuers brace for potential disappointment in their bid to launch exchange-traded funds (ETFs) linked to the price of Ethereum. Recent interactions with the U.S. Securities and Exchange Commission (SEC) have led these companies to remain pessimistic, suggesting the road ahead is likely to be bumpy for ether-based financial products, Reuters reported. Interfering with meetings with the SEC The meeting between the issuer and the SEC provided little reassurance, as agency staff refrained from engaging in substantive discussions about the proposed Ethereum ETF. These meetings stand in stark contrast to the detailed conversations that…

Movement Labs aims to improve smart contract security and transaction throughput within the Ethereum ecosystem through Facebook’s Move-powered Ethereum virtual machine.

The Foundation is currently in the process of reorganizing its communications activities. Several members of the communications team, currently based in London, will soon leave the foundation or scale back their involvement to pursue for-profit ventures in the Ethereum ecosystem. We wish them good luck….

Crypto bingo sites have emerged as a popular choice among bingo enthusiasts looking for a modern twist on the traditional game. These innovative platforms allow you to deposit, play, and withdraw using Bitcoin, Ethereum, and other digital currencies. With the added benefits of fast transactions, low fees, and enhanced anonymity, it’s no wonder that crypto bingo is attracting players from around the globe. But with so many options out there, how do you know which Bitcoin and crypto bingo sites are worth your time and digital coins? We’ve done the research and handpicked the top platforms that offer the best…

To strengthen its AI workload management capabilities, NVIDIA has entered into a definitive agreement to acquire Run:ai, a prominent provider of Kubernetes-based workload management and orchestration software. As AI deployments become increasingly complex and distributed across multiple infrastructures, efficient resource utilization has become a priority for businesses. Run:ai provides an open platform built on Kubernetes, a popular orchestration layer for modern AI and cloud infrastructure. The platform supports multiple Kubernetes variants and integrates seamlessly with third-party AI tools and frameworks. Run:ai’s technology allows enterprise customers to efficiently manage and optimize their computing infrastructure across on-premises,…

The SEC plans to impose a record $5.3 billion fine on Terraform Labs and Do Kwon for their role in the Terra/LUNA stablecoin collapse, marking a significant crackdown on cryptocurrency misconduct. Dokwon, Terraform severe disciplinary action The U.S. Securities and Exchange Commission (SEC) is moving to impose the largest fine yet on a cryptocurrency project, targeting a surprising $5.3 billion against Do Kwon and Terraform Labs. The two were considered responsible for the collapse of the Terra/LUNA stablecoin, a project designed to be pegged to the U.S. dollar. This collapse had far-reaching effects on the industry, causing a loss of…

One skilled Memcoin trader is in the spotlight after turning $8,524 into $12,800,000 in a matter of weeks. According to Lookonchain, a blockchain tracking company, one trader looking for I made huge profits by buying and selling the memecoin PEPE. “jwynn.eth (@JamesWynnReal) spent $8,524 in the initial phase to purchase 2.83 trillion PEPE and sold 1.81 trillion PEPE for $4.57 million. He currently holds PEPE 1.25 trillion ($8.25 million) in three wallets. PEPE’s total profits are ~$12.8 million, or 1,503x profits!” Look on chain too notice Another smart trader made huge profits by trading Book of Meme (BOME), a new…

Bitcoin has a new countdown following the halving, as the days with BTC price below $100,000 are “numbered,” according to a new analysis.

The cryptocurrency market is in the red today, with most of the top 100 cryptocurrencies reflecting losses over the past 24 hours. Notably, only six altcoins, including two stablecoins, maintained positive performance amid the widespread market sell-off. Several complex and intertwined factors contributed to the day’s negative market sentiment, impacting major cryptocurrencies. In the last 24 hours, Bitcoin price fell 4.2%, Ethereum fell 5.0%, Solana fell 8.7%, XRP fell 4.7%, and Dogecoin fell 8.3%. #1 Ongoing macroeconomic uncertainty A key factor influencing market trends today is changes in the macroeconomic environment, particularly related to U.S. interest rates and inflation expectations.…