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“# FTX-backed studio explains why Solana is better for game developers ” While the Ethereum blockchain has the community advantage, the competition with Solana is heating up thanks to the rise of blockchain-based play-to-earn games, which is now simply called GameFi. Founded by Scopely and Glu Mobile veterans, game developer and publisher Faraway announced that the…
“# Bluzelle launches mainnet decentralized storage for NFT content ” Bluzelle, a decentralized storage network, has announced the release of its mainnet R2 file storage system, which is designed to enhance the decentralization of nonfungible tokens (NFTs) and their corresponding data. The solution was created amid rising concerns around the lack of immutability on the…
“# Nifty News: FTX and Wildcats’ basketball NFTs, WeMeta’s $1.1M funding, Zed Run’s Netflix tie-in ” FTX’s latest sports sponsorship The University of Kentucky has entered into a sponsorship agreement with FTX.US for the men’s Wildcats basketball team to act as brand ambassadors. Players will receive a monthly USD stipend from FTX.US paid in FTX…
“# The Giving Block launches 15 new funds to direct crypto donations by cause ” Cryptocurrency charity platform The Giving Block has announced the launch of 15 new ‘Cause Funds’ to better direct donations to charities with similar goals and missions. The Giving Block was established to facilitate cryptocurrency donations to over 700 nonprofits around…
“# Congressmen Emmer & Soto to SEC Chair Gensler: We want BTC Spot ETFs ” Congressmen Todd Emmer and Darren Soto sent a bipartisan letter to Securities & Exchange Commission Chair Gary Gensler on Wednesday, strongly questioning why the agency has denied approval for the creation of a Bitcoin spot ETF while allowing Bitcoin Futures…
“# Monster-battle NFT game Axie Infinity soars in popularity among developing nations ” It’s no secret that video-game streaming platforms, such as Twitch, have made it possible for players to earn money by broadcasting their gaming experience to an audience of gaming enthusiasts. But now, the tokenomics of blockchain-powered digital games like Axie Infinity have…
“# EOS community ramps up battle for organization control against former developer Block.one ” Members of the EOS ecosystem, a blockchain designed to power decentralized applications, or DApps, are voicing their dissatisfaction with former developer Block.one. As a result, they have formed their own organization and elected new leadership in an effort to revamp the…
“# US Senator submits resolution too allow crypto payments in US Capitol Complex ” U.S. Republican Senator Ted Cruz of Texas submitted a resolution on the Senate floor Monday that would require the acceptance of cryptocurrency payments at all gift shops, restaurants and vending machines located within the Capitol complex. The resolution, titled Adopting Cryptocurrency in…
“# wXRP to launch on the Ethereum blockchain in December ” If all goes to plan, Wrapped XRP (wXRP) will be coming to the Ethereum (ETH) blockchain next month, courtesy of Wrapped.com. The move is meant to enable Ripple (XRP) holders to interact with aspects of decentralized finance, or DeFi, such as executing smart contracts…
“# Cointelegraph Consulting: Recounting 2021’s biggest DeFi hacking incidents ” Compound Finance is just one of the latest victims of DeFi hacking incidents in 2021. On Sept. 30, its errant token distribution bug within the Proposal 062 exposed a flaw in which $70 million–$85 million in excess COMP tokens were wrongly distributed to users. Yet,…