Author: NBTC
The crypto and NFT gaming space is busier than ever lately, what with prominent games starting to release, token airdrops piling up, and a seemingly constant array of other things happening at all times. It’s a lot to take in! Luckily, Decrypt’s GG is all over it. And if you need a quick way to get caught up on the latest moves around crypto video games, we’re happy to present This Week in Crypto Games. Our weekend roundup serves up the biggest news from the past week, along with a few other tidbits you might have missed. We also showcase…
According to the data provided by the Shibburn transaction tracker which monitors SHIB burn transfers, in the past day, the SHIB army has managed to push the burn rate of their favorite meme cryptocurrency to an impressive new high. That was the result of burning several million Shiba Inu meme coins. Meanwhile, despite a large spike in the burn rate, the price did not respond to it positively, staging a 3% decline. Burn rate spikes by 65,529% The aforesaid data source shows that over the last 24 hours, the burn rate has increased by a mind-blowing 65,529.67%, with more than…
BTC For Palestine is the perfect example of an endeavor powered by Bitcoin that strikes right to the heart of what Bitcoin is supposed to be all about. Money functioning without trusted intermediaries. The entire point of Bitcoin was to give people a way to transact with their money that no one could disrupt, insert themselves into the middle of, or rent seek off of. That is the exact situation Gazans find themselves in for the last year. Completely cut off from the rest of the world, incapable of making any form of payment that isn’t using cash without depending…
US Congressman Says Gary Gensler Set the American Dream 20 Years Backwards with Poor Crypto Regulation
Congressman Michael John Flood has insisted that America is not where it aims to be in the crypto space owing to Gary Gensler’s poor handling of the sector. Gary Gensler, the incumbent SEC chair, announced earlier last week that he would resign on January 20, 2025. This development followed the emergence of Republican candidate Donald Trump as the next US president. With Trump’s inauguration date drawing closer, Nebraska’s Representative Michael John Flood believes Gensler’s underwhelming tenure has severely impacted the American dream. He insisted that the SEC boss has taken the US two decades backward. Flood Bemoans Gensler’s Crypto Tyranny…
DojoSwap, has unveiled DojAI, an advanced AI-powered platform designed to transform the Injective ecosystem. By integrating state-of-the-art technology, DojAI enables users to create customized AI agents with no technical expertise. It facilitates seamless on-chain trading, asset management, and token creation. Dojo is launching a new AI platform to bring you a #VIRTUAL like product exclusively for Injective.Launch on-chain agents, trade assets and more all powered by the latest innovations in AI. https://t.co/ZyDZfSZV17 — Injective 🥷 (@injective) December 1, 2024 This innovative launch is a significant leap forward in merging artificial intelligence with decentralized finance (DeFi). It reflects Injective’s commitment to…
Cardano founder Charles Hoskinson recently responded to the potential launch of the first-ever true permissionless layer-2 on the Cardano network. Hoskinson’s reaction comes as the network prepares to witness the launch of Midgard, a unique and fully permissionless layer-2 (L2) solution, the first of its kind in the blockchain space. Unlike many other L2 solutions across the blockchain ecosystem, Midgard looks to achieve a level of decentralization and trustlessness rarely seen, even in other high-profile networks. Anastasia Labs’ Vision for Midgard on Cardano The response from the Cardano founder follows a detailed X commentary recently shared by Philip DiSarro, the…
Elon Musk is coming for one of Washington’s biggest targets: the Internal Revenue Service. Joined by entrepreneur Vivek Ramaswamy, the eccentric billionaire plans to gut the agency’s budget and reimagine how Americans handle taxes. The duo’s ambitions don’t stop there. They’re orchestrating a federal spending cut of $2 trillion, tackling agencies they consider bloated or outdated via their Department of Government Efficiency (D.O.G.E). “The IRS is a mess,” ELon has said, pointing to inefficiency and scandals that have plagued the agency for years. He’s proposing a free tax-filing app, suggesting an audit, and calling for massive layoffs to reduce what…
If you were tuned into the Massachusetts Senate debate last night, you would have noticed a key exchange between pro-Bitcoin candidate John Deaton and his rival Elizabeth Warren, leader of Washington D.C.’s “anti-crypto army.”When pressed by Deaton, Warren wouldn’t even defend herself. After lying and attacking our industry for years, she said “I’m fine if people want to buy and sell crypto.” Seriously. My big concern with this moment is that it says everything about the Democrats and the lip service they are playing to the Bitcoin industry. It’s undeniable that Bitcoin has turned into a partisan issue in this…
Hedera announces integrating LayerZero (ZRO), a multi-chain interoperability protocol, into its network. This announcement comes alongside the launch of the mainnet v0.54 release. The integration is set to enhance the Hedera Token Service (HTS), allowing for the creation and management of both fungible and non-fungible tokens with quick and low-cost transactions. This development aligns with the HBAR Foundation’s goal of establishing Hedera as an enterprise-grade network for institutional decentralized finance (DeFi). The integration reportedly opens a new destination on the Hedera network for EVM-based liquidity, connecting the ecosystem to more liquidity sources. It builds on previous infrastructure investments with providers…
Binance is facing legal action after a former senior employee claims she was fired for reporting a colleague’s bribery attempt, which she says was disguised as consultative services. A former executive at Binance is suing the crypto exchange in the United Kingdom, claiming she was wrongfully dismissed after reporting a colleague’s alleged attempt to solicit a bribe from a customer, Bloomberg has learned. Amrita Srivastava, a senior Binance employee based in London, testified at an employment tribunal that she was fired after raising concerns about the bribery incident. Srivastava said the colleague took the money “under the guise of providing…