Author: NBTC

Many U.S.-based crypto mining stocks are reflecting Bitcoin’s weakness and are trading down close to 10% in premarket trading. Marathon Digital Holdings (MARA) is down 6.5%, while Hut 8 (HUT) is down 8.1% at the time of writing. Michael Saylor’s software company MicroStrategy (MSTR), which holds over 210,000 BTC, is down 6.4% at the time of writing. The recent drop in stock prices occurred after Mt. Gox transferred $2.6 billion worth of Bitcoin (BTC) to a new wallet in preparation for repaying creditors. This drop follows a 10% decrease in Bitcoin’s value over the past week and also follows the…

During his recent appearance on The Defiant, David Schwartz, chief technology officer at Ripple, has revealed that the only way to attack the XRP Ledger is to disrupt the global ordering of transactions. In such a scenario, the entire network would halt. Schwartz went on to explain how the Proof-of-Association (PoA), the XRP Ledger’s unique consensus protocol works, stating that it puts all transactions in order to solve the double-spend problem. “Whichever transaction comes first is valid, whichever transaction comes second is invalid,” he said. The mastermind behind the XRP Ledger has added that the only plausible attack on the…

Investors are waiting for the April consumer price data to be announced. The Consumer Price Index (CPI), an important indicator of inflation, is expected to show an improvement compared to March. However, if the data reveals unexpected shocks, the price of Bitcoin, the world’s largest cryptocurrency, could fall as much as 13% to $53,000, according to a report by digital asset trading firm Zerocap. CPI data in the USA will be published tomorrow at 15:30 Türkiye time (UTC+3). “An unexpectedly high CPI could trigger a media frenzy and lead to short-term declines in risk assets given current concerns about stagflation,”…

This week, Ethereum continues to dominate the decentralized finance (DeFi) space with a total value locked (TVL) of $52.864 billion. It accounts for 60% of the overall market. This significant lead reaffirms Ethereum’s position as the premier platform for DeFi activities. Tron Secures Second Place with $7.429B TVL Tron comes second on the list with a TVL of $7.429 billion according to the data presented on DefiLlama. BSC follows closely with a TVL of $4.358 billion, therefore, indicating that it is still active in the Decentralized Finance space. Another platform that made good results is Solana with a total value…

Bitcoin, the leading cryptocurrency, fell below $54,000 due to a sharp decline due to Mt.Gox refunds. While some analysts believe that the selling pressure will be less than expected and the price will react at these levels, all eyes on BTC and altcoins today are turned to the economic data coming from the USA. The data announced on the first Friday of each month is closely followed by investors and stakeholders to understand the state of the economy. The data disclosed is as follows: Non-agricultural employment Data: Announced 206k – Expected 191k – Previous 272k Unemployment data: Announced 4.1% –…

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…

With the exponential growth of cryptocurrencies, investing in altcoins through decentralized trading platforms has become increasingly popular, Dex Screener provides an analysis suitable for the context. Choosing the right altcoins to invest in can be a challenge. Fortunately, there are various tools that can help you make informed decisions. Here is an overview of the best tools to identify the best investment opportunities on Dex Screener and other similar platforms. Dex Screener: an overview Other useful tools Dex Screener: an overview Dex Screener is one of the most comprehensive tools for DEX analysis. The platform supports over 70 blockchain networks…

Multicoin Capital, one of the largest U.S. investment firms focused on cryptocurrency, is pledging up to $1 million to support Senate candidates with favorable views of the industry. The investment manager plans to financially support four Republican candidates – Sam Brown in Nevada, David McCormick in Pennsylvania, Bernie Moreno in Ohio and Tim Sheehy in Montana – through donations to the conservative super political action committee (PAC) Sentinel Action Fund. How much Multicoin gives depends on the outcome of Sentinel’s crypto donation drive. According to the group’s website, Multicoin will match 100% of (SOL) token donations sent to Sentinel by…

RISC Zero, a crypto venture focusing on establishing a scalable and developer-friendly blockchain with zero-knowledge proofs, has announced a collaboration. As per the firm, it is joining forces with Worldcoin, an open-source and decentralized protocol assisting everyone in accessing the worldwide economy. On its official X account, RISC Zero disclosed the news of the collaboration. RISC Zero is coming to @worldcoinWe are helping World Chain free up blockspace via proof aggregation. With our Universal Verifier & Steel, we’re unlocking verifiable, boundless compute power for the Superchain ecosystem. 🔥The future is verified. 🟡 pic.twitter.com/u2MyuOifQa — RISC Zero 🟡 (@RiscZero) June 3,…

Disclosure: The views and opinions expressed here belong solely to the author and do not represent the views and opinions of crypto.news’ editorial. Traditional gaming is in a tough spot. Mobile revenues are slipping and user acquisition costs are heading in the other direction. To revive growth and cultivate community, developers are turning to web3 to bake in true digital ownership, token incentives, and play-to-earn models. You might also like: Gone to hell: Web3 governance can save mainstream gaming | Opinion This stickiness is changing how players engage and how games attract and monetize audiences. As a result, users are…