Immortal, a chess app that lets you make money from playing the game, has been shut down due to serious misconduct. The platform has closed the curtain on financialized cryptocurrency functions. So far, the app has been rewarding users with CheckMate (CMT) tokens for playing. The free online chess platform has also hosted a chess NFT marketplace. One of these NFTs was worth a whopping $14,300. Immortality has become one of the most recognizable. P2E Cryptocurrency Games From the beginning. The platform made headlines after raising $15.5 million in a Series A round. Chernin Group held a fundraising round in…
Author: Crypto Flexs
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Zooko Wilcox, co-founder of Electric Coin Company, which develops a privacy-focused cryptocurrency. Zcash ZEC -3.88% I resigned from my position as CEO.“Electric Coin Co’s Board of Directors, comprised of Alan Fairless, Michelle Lai, Zaki Manian, Christina Garman and myself, has decided to appoint Josh Swihart as CEO of Electric Coin Co,” Wilcox wrote in a blog post.Swihart has been with ECC for five and a half years, first as the company’s director of marketing for seven months in 2018 and then as SVP of growth for the past two years. “I have known and worked with Josh for a long…
Renowned cryptocurrency analyst @egragcrypto believes that Ripple’s native token, XRP, is headed for an 800% rise. He claims that XRP will surge from current levels to $5.50 in just 14 days. Ripple is preparing for a new rally Here is @egragcrypto’s prediction: addition This is in reference to the previous forecast made in May. At the time, XRP was trading at $0.4639, with analysts offering three price targets for the coming months: $0.85-$1, $5.5, and $6.1. Read more: How to Buy XRP and Everything You Need to Know Egrag Crypto’s XRP Forecast. source: X/Twitter A few weeks later, a significant…
reporter Posted on: December 19, 2023 STX is up more than 9% over the past three days. Stacks recorded the highest number of transactions at block height 132,377. STX (STX) has shown encouraging signs recently. What is especially noteworthy are price movements that are at odds with the overall market trend. The volume change in the stack is greater than 200%. According to CoinMarketCap, Stacks has seen significant movement over the past 24 hours. Data shows a 10% increase in market capitalization during this period, mainly due to the continued rise in prices over the past few days. However, at…
Bitcoin is recovering some of its gains over the past few days. The number one cryptocurrency by market capitalization could be on the verge of a bigger retracement, which could push it back into the $30,000 area. As of this writing, Bitcoin (BTC) is trading at $40,950, having lost 2% in the last 24 hours. On the weekly chart, the cryptocurrency is recording a 3% loss, and with the exception of Avalanche (AVAX), the top 10 tokens by market are all posting similar performances. The price of BTC is losing bullish momentum during the low period. source: BTCUSDT on Tradingview…
Standard represents a major step forward in ensuring security within the Ethereum ecosystem. Wakefield, MA — December 18, 2023 — that much Enterprise Ethereum Alliance (EEA) announced the launch today. EthTrust Security Level Specification Version 2.0. The specification was created by security experts from more than a dozen companies, including big names in Ethereum security such as Diligence, OpenZeppelin, Hacken, and CertiK, as well as major companies such as Banco Santander, Microsoft, and EY. In particular, this involves professional security companies, regular customers and independent experts all working together to improve security measures. Chaals Nevile, Director of Technical Programs at…
Policy • December 18, 2023 2:32 PM EST Posted 1 minute ago In ~ The United Kingdom has introduced new regulations that will give the national financial watchdog sandbox oversight rules for tokenized securities, according to an official publication on Monday.This regulation covers the UK’s Digital Securities Sandbox (DSS) and will come into effect on 8 January 2024. These regulations are part of the UK government’s Financial Services and Markets Act 2023 (FSMA).Digital Securities Sandbox Supervision RegulationsThe new rules set overall limits on what can be done within the sandbox and which participants can participate. The sandbox allows regulators and…
Sports prediction accuracy reaches new heights with innovative AI betting platform RektBookie, a pioneer in AI-powered sports betting, is redefining the industry with groundbreaking technology. Since its launch in May 2023, the platform has not only captured the attention of sports enthusiasts but also set new standards for betting accuracy. Unparalleled accuracy in sports predictions Boasting an unrivaled 80% success rate on real match results, RektBookie is at the forefront of prediction technology. This impressive accuracy isn’t just about numbers. This is a promise of reliability and trust to our users. Improved through rigorous data analysis and machine learning, our…
As of December 17, Irys, a prominent layer 2 network within the Arweave ecosystem, is reportedly planning to fork the Arweave network with the intention of “deleting its data sets and resetting the token supply.” post This is the work of Arweave founder Sam Williams.He claims that despite Arweave having a secure upgrade mechanism, Irys developers are planning to proceed with a hard fork, which “appears to be a play motivated by greed.” Arweave founder wrote:“In light of this situation, Arweave plans to remove Irys Bundler from the trusted set of major Arweave gateways. This will result in significant delays…
This year saw a significant increase in demand for the limited space available within a Bitcoin block, leading to higher fees for on-chain transactions. Most of the demand is for trades that reveal inscriptions. The contents of this inscription are released as part of eyewitness data.One Bitcoin trading. this witness dataOne Discounted at 1/4 of other transaction data costs. Why do we offer discounts on these inscriptions? Should we softfork the witness discount?Why are some bytes cheaper than others?Money in general, and Bitcoin in particular, operates based on human incentives. Bitcoin uses the native Bitcoin token to align the incentives…