Author: NBTC

Crypto.com has launched Airdrop Arena, a new gamified rewards feature in its app. This feature allows $CRO holders to lock up their CRO in monthly events for token rewards. This is in addition to other rewards products like Earn, on-chain Staking, and Supercharger. Introducing a brand new way to earn token rewards 一 Airdrop Arena!💰 Enjoy up to double-digit rewards🕹️ Access a gamified leaderboard experience🪂 Take part in monthly airdrops🎟️ Simply allocate $CRO to participate pic.twitter.com/10gJ35XX6Z — Crypto.com (@cryptocom) July 11, 2024 Airdrop Arena Offers $500K in CORGIAI Tokens Airdrop Arena is a competitive feature where users earn points based…

Moonveil, a cutting-edge Layer 2 gaming ecosystem, has successfully extended its Pre-Series A funding round, raising a total of $9 million. This milestone underscores Moonveil’s growing momentum and commitment to advancing Web3 gaming.—Leading the investment round is Spartan Group, with notable contributions from Gumi Cryptos Capital, HashKey Capital, Animoca Ventures, Hivemind, and Mask Network. This fresh capital boost follows a previous seed round funded by P2 Ventures. The funds will be directed towards enhancing Moonveil’s infrastructure, expanding its community, and executing a strategic user acquisition plan focused on Web3 and GameFi enthusiasts.Moonveil’s platform, built on the Polygon CDK, leverages ZK-powered…

Chainlink has announced the integration of its Data Feeds on Starknet’s mainnet. This collaboration aims to accelerate the development and adoption of decentralized finance (DeFi) applications on Starknet through the Chainlink SCALE program. Chainlink Data Feeds are now available to Starknet developers, providing them with a secure and scalable data solution for building DeFi applications, according to a press release shared with BSCN. Johann Eid, Chief Business Officer at Chainlink Labs, expressed excitement about the integration, stating: “We’re pleased to support the Starknet ecosystem with the native integration of Chainlink Data Feeds, enabling developers to build highly secure and scalable…

Competition for blockspace is and always will be one of the core tensions that exist between different users of the Bitcoin protocol. At the end of the day there are only two restrictions on how it will be used, the technical and consensus layer of what is actually possible or allowed by the protocol, and the economic layer of what people are willing to pay to make use of blockspace to different ends. This is a fundamental and inescapable reality of how the network works. It is a purely market driven distributed mechanism for deciding how Bitcoin is used. Concerning…

In recent speeches, Fed officials Thomas Barkin and Austan Goolsbee highlighted the challenges and uncertainties facing the U.S. economy and offered their views on the current economic landscape. Richmond Fed President Thomas Barkin offered a nuanced view of the labor market, highlighting a significant shift in hiring practices. “What I’m hearing from people on the ground in the labor market is that people are cutting back on hiring but not cutting jobs,” Barkin said. He described the current environment as a “no hiring, no layoffs” situation, with job growth slowing but continuing positively. Barkin noted that there is a greater…

Today, enjoy the Lightspeed newsletter on Blockworks.co. Tomorrow, get the news delivered directly to your inbox. Subscribe to the Lightspeed newsletter. Howdy! It’s 7/11, which means free slurpees at 7-Eleven for anyone brave enough to venture out into the heat. That certainly won’t be me, as a northeastern weakling who wilts in anything above 85 degrees. Anyways: Helium eyes the energy sector Last week, the Helium Foundation said in a somewhat-cryptic blog post that it would be unveiling new proposals for “subnetworks” that go “beyond wireless.” Guesses as to what these subnetworks would be flooded in, ranging from proof-of-location to…

Bitcoin detractor Peter Schiff has predicted that the price of the leading cryptocurrency by market capitalization will continue to fall over the next couple of years. “You can keep looking at that chart for the next several years while the price of Bitcoin continues to fall and the price of gold continues to rise,” Schiff wrote on the X social media platform. Schiff has noted that Bitcoin is now down 14% since hitting its all-time high of $73,737 on March 14. For comparison, gold has surged by 10% over the same period of time. Those who sold their gold ETFs…

Ionic Digital, the bitcoin miner that bought bankrupt crypto lender Celsius’ mining assets, has delayed a plan to go public after losing its CEO and auditor. Former CEO Matt Prusak told the company in July he won’t stay on after the end of his employment term on Aug. 14, the miner said in a statement Thursday. Ionic has started searching for a new CEO and named its recently hired CFO, John Penver, the interim boss. Penver was hired in July to shepherd the company’s plan to go public. Ionic said that despite the leadership change, it still intends to do…

Mainstream crypto-to-fiat operations provider Transak scored a strategic collaboration with TOWER, a GameFi ecosystem under Animoca Brands’ umbrella. With the Transak gateway available, Play-to-Earn enthusiasts will be able to purchase TOWER tokens and join various virtual activities. Transak debuts on TOWER as its first fiat on-ramp According to a joint official statement by the two teams, Transak, a crypto-to-fiat payments processor, is now integrated with The TOWER Ecosystem by Animoca Brands. Transak instruments are set to allow every GameFi enthusiast to use fiat payment methods for TOWER token purchasing. The philosophy behind the TOWER token is to merge the traditional…

Michael Dell, CEO at multi-billion dollar tech firm Dell Technologies, just dipped his toes into the Bitcoin waters, and this recent jest did make a splash. It all started when Dell tweeted “Scarcity creates value.” Enter Michael Saylor, MicroStrategy’s possibly Bitcoin-obsessed executive chairman, who couldn’t resist chiming in with a hashtagged reply saying “Bitcoin is Digital Scarcity.” Dell, apparently intrigued, hit that retweet button faster than you can say “blockchain.” The real kicker here is this: Dell later shared a meme of Sesame Street’s Cookie Monster, probably generated by AI or photoshopped (is that term still used?) to show the…