Author: NBTC
The Arbitrum Decentralized Autonomous Organization (DAO) is contemplating a $3.3 million memecoin fund to foster a memecoin-friendly ecosystem within the Ethereum layer-2 blockchain network, according to a March 24 proposal on the platform’s discourse forum. According to the proposal: “The motivation of the memecoin fund is to help the Arbitrum ecosystem as a whole. Draw attention, new users, more chain usage, more DeFi activity, and more.” The author wrote the proposal in response to learning about new DeFi incentives, which they believe are throwing “more money at protocols so they can be farmed by whales/teams.” They further argued the DAO…
In the limelight, GaFin is thrilled to announce its partnership with Monkey Empire. It is a groundbreaking MMO Strategy video game operating on Arbitrum. This collaboration demonstrates a dedication to innovation, creativity, and teamwork. Additionally, it has a goal of delivering exceptional gaming experiences to players worldwide. By joining hands, they aim to open new possibilities through game integration and engaging community activities. GaFin 🤝 @monkeyempiree 🚀 We’re pleased to announce our partnership with @monkeyempiree – an MMO Strategy video game built on @arbitrum, empowering users to strengthen their monkeys to build an Empire ✨💥 Our partnership is a commitment…
Bitcoin’s fourth halving event has drawn significant attention to its comparison with gold regarding scarcity, as highlighted by Glassnode analysts. According to Glassnode, this event marked a historic moment where Bitcoin’s (BTC) issuance rate fell below that of gold for the first time, emphasizing a pivotal shift in the narrative surrounding the two assets. As reported, the halving event on Saturday reduced block subsidies, with the issuance dropping from 6.25 BTC to 3.125 BTC per block. This translates to an issuance of approximately 450 bitcoin per day, further underlining the event’s impact on Bitcoin’s supply dynamics. Yassine Elmandjra from ARK…
MixMob, a Solana-based gaming universe being built around “remix culture,” announced that its debut game MixMob: Racer 1 will launch on the iOS App Store and Android Play Store on May 14 following a previous web-based debut. The card-based strategic racing game challenges players to compete for crypto rewards in a dystopian world, where they must resist a malevolent AI that has destroyed human culture. MixMob has described the game as “Mario Kart meets Hearthstone,” with a mix of racing strategy and card selection in the moment-to-moment action. The free-to-play game utilizes MixMob’s MXM token on Solana, letting holders participate…
Il Capo of Crypto, one of the most well-known analysts in the cryptocurrency world, made a statement after the recent sudden decline in Bitcoin and the general cryptocurrency market. While the Bitcoin price was above $66,000 until a few hours ago, it made a sudden decline and is trading at $64,600 at the time of writing this article, with a decrease of approximately 3% in the last 24 hours. In his statement this morning, il Capo said that the bear trend seen in the last decline was expected to continue. In his previous statement following the decline, the analyst claimed…
Data shared by the shibariumscan.org explorer shows that more than a week already, one of the key Shibarium metrics have been showing a low performance. As if to accompany this news, the Shiba Inu burn rate has also been down for several consecutive days. Daily transfer count remains low The aforementioned data source shows that over the past eight days, the daily transaction count made on the Shibarium blockchain has been moving sideways within more-or-less similar range below the 100,000 level. On March 24th, Sunday, this metric showed a 729% surging, jumping from 8,060 to the 66,880 level. This is…
Shrapnel, the anticipated first-person extraction shooter built around Avalanche blockchain assets, has launched a feature that enables players to purchase its SHRAP token using a credit or debit card, removing a potential barrier for mainstream gamers who haven’t previously handled cryptocurrency. Until now, players looking to buy the SHRAP token—which is used for purchasing in-game equipable cosmetics and future user-generated content trading—had to acquire it through an exchange, and thus already had to be familiar with transacting with cryptocurrency. This integration with crypto payments firm Halliday’s onramp enables direct in-game purchases of SHRAP via payments providers like MoonPay or Stripe.…
Prior to the Bitcoin Halving event, BTC’s price saw considerable instability, but it has since rebounded, reaching the $66,000 level, triggering bullish predictions from top crypto analysts regarding the coin’s future path. Captain Faibik, a crytocurrency analyst and trader, has emerged with an intriguing prediction, underscoring a narrative that could potentially propel the price of Bitcoin to the coveted $100,000 mark in the upcoming months. Bitcoin Poised For A Notable Rally To $100,000 According to Captain Faibik, Bitcoin has managed to hold the $60,000 support level in the wake of bullish investors in the market. As a result, the largest…
CryptoPunks topped the daily sales chart with US$1.7 million, up from US$130,640 from the day prior. Ethereum-based CryptoPunks was one of two non-fungible token (NFT) collections with more than US$1 million in sales on Tuesday, from just 14 transactions, according to CryptoSlam data. CryptoPunks’ all-time sales volume rose to US$2.82 billion, third in the all-time NFT sales. The second-highest performer of the day was another Ethereum collection, Bored Ape Yacht Club (BAYC), which recorded US$1.05 million in sales. BAYC previous day’s US$350,481, with unique buyers growing to 17 and sellers to 27, culminating in 19 total transactions. BAYC’s all-time sales…
Floki announced the upcoming release of the Valhalla mobile app and a significant token burn. Floki plans to release a mobile app for its flagship metaverse game Valhalla later this year for iOS and Android users. This move aims to expand Valhalla’s reach to billions of new users around the world, in line with Floki’s goal of becoming the most recognized and used cryptocurrency in the world. Already existing on the opBNB testnet, Valhalla has gained immense popularity, becoming the world’s most popular cryptocurrency in the metaverse on CoinMarketCap. The game is scheduled to release on the mainnet later this…