Los Angeles, United States, 22nd March, 2023, Chainwire GDC 2023 is finally in full swing, and a mysterious Oscars-style red carpet and stage are piquing the interest of global game developers. Thanks to a gamer grandma and her robotic feline buddy, this year, for the first time, game-makers of all sizes will have the chance […]
Sovryn launches Sovryn Dollar (DLLR), a financial freedom toolkit
Welcome to the first digital dollar that is completely transparent, secure, and reliable while providing unmatched security, censorship resistance, and dependability. Sovryn, a well-known decentralized finance (DeFi) platform, has just introduced Sovryn Dollar (DLLR), a brand-new stablecoin backed solely by Bitcoin. It is currently available everywhere. Sovryn has made a decentralized stablecoin that can be […]
Nexon and Polygon Supernets head over to power MapleStory Universe
Polygon Labs has published an official blog post to announce that Nexon has selected Polygon Labs as a partner. The goal is to increase MapleStory Universe’s in-game economy and fuel its blockchain ecosystem. Nexon intends to achieve the goals by developing a specialized and application-specific Polygon Supernet. Online gaming now has a massive virtual world […]
Roo Troop and Joey Mob are relaunching and migrating to Polygon
Roo Troop recently released a string of tweets to inform relaunching into Polygon. The tweets also revealed that Joey Mob will also be launching on the network. Both platforms will migrate to Polygon on April 12th. This recent collaboration has been undertaken to fight the war against creators. The platforms will also drown out the […]
Seized exchange Bitzlato allows users to withdraw 50% of Bitcoin
Bitzlato has yet to resolve the issue with the remaining 50% of user funds and may eventually compensate using its own funds. Russia-linked cryptocurrency exchange Bitzlato has partially restored access to user funds despite being officially seized by European authorities. Bitzlato has enabled its users to withdraw up to 50% of assets stuck on the […]
The impact of the Credit Suisse bank crisis on the crypto market
Cointelegraph analyst and writer Marcel Pechman explains how the Credit Suisse bank crisis will impact the crypto market. The show Macro Markets, hosted by Marcel Pechman, which airs every Friday at 12 pm ET on the Cointelegraph Markets & Research YouTube channel, explains complex concepts in layman’s terms and focuses on the cause and effect […]
Ethereum as a deflationary asset, explained
Deflationary tokens like Ethereum are the key to differentiating Web3 ecosystems from traditional capital markets. Who controls inflation in the Ethereum ecosystem? Centralized regulatory organizations typically govern the inflation of asset prices in traditional capital markets. Is that the same in Web3? Who ensures fair play? In the United States, the Federal Reserve (the Fed) […]
Bitcoin’s ongoing rally not derivatives or leverage driven
Quick Take Many discussions have been around whether the recent Bitcoin rally is spot or derivatives driven. With the recent insight yesterday showing considerable spot accumulation on Coinbase, we can confirm it is not being driven by derivatives — which is exceptionally healthy. The Estimated Leverage Ratio is the ratio of the open interest (OI) […]
Ripple’s XRPL account near 5M despite legal issues with SEC
Accounts created on Ripple-backed XRP Ledger (XRPL) are nearly reaching 5 million — an indication of its growing adoption and uses, according to Messari data. XRPL is a digital payments infrastructure powered by Ripple’s native token, XRP. The decentralized network has seen a spike in the total number of accounts created on the platform in […]
OP3N Raises $28M in Series A Funding Round at Valuation of $100M
Coinspeaker OP3N Raises $28M in Series A Funding Round at Valuation of $100M OP3N, a Web 3.0 AI-powered social platform, has announced that it raised $28 million in a Series A funding round at a valuation of $100 million. According to the announcement, the fresh capital will be used to further develop its chat-based product […]