Crypto News

Dubai, UAE, 27th February, 2023, Chainwire Alpha Blue Ocean (“ABO”), based in the Bahamas and Dubai has announced the launch of a new private investment firm, ABO Digital, that will provide alternative financing solutions to early-stage and high-growth companies in the digital asset space. Leveraging ABO’s experience as a structured Private Investments in Public Equity (PIPE) investor with more than US$2 billion in executed financing commitments globally over the last five years, the new ABO Digital will bring institutional-grade expertise to the digital asset and blockchain industry. ABO Digital will provide innovative and flexible funding solutions that will give blockchain projects access to more options for raising capital. This new form of financing addresses a need in the cryptocurrency market, especially given the current market conditions. Amine Nedjai, CEO at ABO Digital, said: “This is an important time for the digital asset space. We’re in the midst of a bear market bu...

The Sandbox price prediction has been explosive in recent years, but can it outperform the newcomer metaverse project Metacade (MCADE)? As metaverse projects continue to steam ahead, Metacade could well become the next big leader to take over the space. To find out whether Metacade or The Sandbox (SAND) has the highest potential, here is an in-depth look at two of the biggest projects in the sector. Metaverse projects continue to expand virtual horizons Metaverse projects continue to revolutionize the gaming industry due to their unique capabilities . The Sandbox provides a vast open world in which anyone can create new gaming experiences, while Metacade looks set to bring the largest collection of play-to-earn arcade games onto the blockchain. The Sandbox price prediction has been extremely bullish for some time, and the SAND token managed to rise over 200x during 2021 alone. This displays the vast potential of metaverse projects and the faith that investors have in the long-term...

Today we are going to talk about staking with Lee Kohn, the Head of the security department of the staking platform, known as RSTAKING. Staking is a method of earning passive income when users hold their coins in the Proof of Stake (PoS) algorithm and guarantee the functioning of the blockchain. Thanks to this algorithm, they have the privilege of making profits A bank deposit is the closest comparison to staking. The only difference is that the user does not transfer assets to someone, but freezes them in his account (in a wallet, exchange or DeFi, which is a decentralized financial service). It is essential to maintain the proper functioning of the digital currency network as staking works on the Proof-of-Stake algorithm with proof of ownership. Skeptics ask: “ Where does the money come from to pay the holders of the coins? “ They suspect that there are certain dark mechanisms in staking, similar to a financial pyramid. But as happens on top staking platforms , users receive a ...

San Francisco, USA, 25th February, 2023, Chainwire Telept Inc. , a Web 3.0 startup, has announced today the launch of a ground-breaking first-mover Web PC platform Telept City , which empowers participants to create one-of-a-kind AI generated Non-Fungible Token (NFT) called X-Native. With its cutting-edge AI Generated Content (AIGC) image generation model that has undergone rigorous fine-tuning utilizing a vast database of images, and coupled with an intuitive game-like user interface, provides a novel and accessible AI Web 3.0 experience for participants of all levels. Creating NFT is a breeze with Telept City, and it can be done with minimal effort and costs. What is Telept City? Imagine the users are capable of generating an NFT through a AI powered platform similar to playing a text adventure game. Telept City’s multiple-choice options are presented in a way that is both engaging and easy to navigate. Upon logging onto Telept City via Metamask wallet, users are greeted with an ...

Singapore, Singapore, 22nd February, 2023, Chainwire With Bitcoin surging to reach a new 2023 high, MX has been the top performer in exchange tokens, with a 7-day growth of 32%. Bitcoin’s price rising over $25,000 has sparked a frenzy of activity in the cryptocurrency market. With investors flocking to take advantage of the price gains, the trading volume for top exchanges has significantly increased. As one of the leading exchanges, MEXC announced that its futures business made a significant breakthrough,  with an average daily trading volume growth of 1200%.  KEY FACTS BTC was recently trading at about $25,247, rising 16.61% in 7 days.  Bitcoin last traded over $25,000 in June 2022. In the last two months, MEXC Coin (MX) has surged upwards, racking up an 81.82% increase and reaching a 7-month high of $1.44 on Feb. 16. MX is currently trading at $1.21 with a 24-hour trading volume of $2,954,282. WHAT IS PUSHING THE MX RALLY? As of September 2022, MEXC h...

New York, United States, 23rd February, 2023, Chainwire Following exciting Maison Hennessy Web3 projects last year, including its first NFT-connected bottle and launch of Cafe 11 social club in partnership with Friends with Benefits DAO, Hennessy introduces H3NSY with a new brand mark, website and Twitter handle dedicated to the brand’s Web3 ventures and innovative practices.  Hennessy , the world’s leading producer of cognac, has unveiled its latest initative in the Web3 space. The H3NSY eco-system, which features a new brand mark, website, and Twitter handle, reinforces the brand’s commitment to Web3 projects, collaborations, and innovations. Over the past year, Hennessy has introduced several exciting Web3 projects, including the launch of its first NFT-connected bottle, H8 , which saw the bottles sold via Blockbar for $250,000 each, another Blockbar drop with Paradis Gold , as well as the introduction of a cultural NFT social club, Cafe 11 , in collaboration with DAO Friend...

Dubai, UAE, 23rd February, 2023, Chainwire The layer-1 for data, Flare, just completed a live demonstration of new interoperability functionality now available in beta on the network. Using two core interoperability protocols, State Connector and Flare Time Series Oracle (FTSO), an NFT was trustlessly purchased with the transaction taking place on a different chain using a different token. The demo was performed on Flare’s canary network, Songbird, with the purchase made using DOGE and XRP tokens. Flare’s State Connector protocols enable information, both from other blockchains and the internet to be used securely, scalably and trustlessly with EVM-based smart contracts on Flare chains. In this case, it has been used to prove that a transaction has been confirmed on a non-Flare chain and simultaneously verify the correct payment reference was included. The Flare Time Series Oracle delivers highly decentralized price and data feeds to dapps on Flare, without relying on a centralized...

Research by Crypto.com projects enormous growth in the GameFi industry over the next few years, eventually growing to 10 times the size of traditional gaming by 2025. This presents a considerable opportunity for GameFi crypto platforms to reap rich dividends as they jostle for position to take the lead in a growth industry with their appeal to the gaming community. Gaming community investors are flocking to support the new GameFi crypto project Metacade. The community-led platform is looking to reward early investors as it looks set to play a transformative role in the GameFi crypto sector. The stratospheric growth of GameFi The GameFi industry began to take flight during the COVID-19 pandemic as lockdown conditions kept everyone at home. As people looked to online gaming to provide them with entertainment opportunities, those at the start of the GameFi movement stood to benefit from their novel play-to-earn (P2E) mechanisms. As lockdown conditions across the globe began to ease,...

Types of bills you can pay with cryptocurrencies. The 4 easy ways to use crypto to pay for utility bills online. What to remember before using cryptocurrencies to pay for bills. Most people are aware of cryptocurrency’s popularity and its multiple advantages. Cryptocurrency is not limited to trading, it has gained a foothold in many other niches. If you own cryptocurrency, you might have thought about whether you can use it to pay utility bills or not. Of course, you can pay your utility bills with cryptocurrency rather than paying with fiat money.  Several utilities and retailers now accept cryptocurrency payments for anything from gas to electricity. Yet, that is not the end of it; you can even use cryptocurrency to settle your debts.  You may use cryptocurrencies to pay your monthly payments in a number of different ways. cryptocurrency debit cards and crypto bill pay services are just two examples of the many ways cryptocurrency may be converted into fiat money. S...

Cryptocurrency price fluctuation can benefit or hurt traders. The 9 factors that may affect the value of a cryptocurrency? Know what to consider before investing in crypto. Cryptocurrency investors can benefit or suffer from a crypto market that is very volatile. If investors could accurately foresee market moves, they would be able to reap substantial rewards. Yet, it may also put investors in danger because of the quick and unpredictable changes in the value of their assets. Almost everything may have an impact on the way the market reacts. Emotions like FOMO, anxiety, and uncertainty have a far larger impact on the direction of the cryptocurrency market than do the underlying technology’s fundamentals. It is unclear how stricter government controls will affect the market, although this trend is likely to decrease over time. There are a lot of factors that can influence the price of cryptocurrencies . Today, we’ll put the spotlight on a few of them. Let’s get started.  9 ...

Cryptocurrency price fluctuation can benefit or hurt traders. The 9 factors that may affect the value of a cryptocurrency? Know what to consider before investing in crypto. Cryptocurrency investors can benefit or suffer from a crypto market that is very volatile. If investors could accurately foresee market moves, they would be able to reap substantial rewards. Yet, it may also put investors in danger because of the quick and unpredictable changes in the value of their assets. Almost everything may have an impact on the way the market reacts. Emotions like FOMO, anxiety, and uncertainty have a far larger impact on the direction of the cryptocurrency market than do the underlying technology’s fundamentals. It is unclear how stricter government controls will affect the market, although this trend is likely to decrease over time. There are a lot of factors that can influence the price of cryptocurrencies . Today, we’ll put the spotlight on a few of them. Let’s get started.  9 ...

Zug, Switzerland, 21st February, 2023, Chainwire Sensorium is announcing that the Sensorium Galaxy metaverse has entered its much-awaited VR multiplayer public playtest as it opens up access to more virtual reality and content features inside virtual worlds, while also laying out a new metaverse doctrine. Delivering on its promise to develop a full-fledged metaverse with unparalleled entertainment offerings, Sensorium is unveiling PRISM, a virtual world dedicated to music, as the first destination to become available to users. Inside this environment, visitors can experience the 24/7 galactic Sensorium Party where Sensorium’s pioneering AI avatars can be seen performing. The new stage enables users to become familiar with the metaverse’s VR mechanics, its immersive environments, and avatar customization options. Users will also have the opportunity of interacting, for the first time, with others in VR and via voice chat, meeting not only other human participants but also AI virtu...

With all of the crypto investment community hopeful that we have reached a point where the bottom of the brutal bear market is behind us, investors are quickly determining where the opportunities might lie for the biggest returns of the year. A small number of well-established projects have shown some impressive signs already this year, such as the performance of layer-1 challenger Avalanche. In spite of the current market insecurity, the Avalanche price prediction has remained positive. There is a greater deal of focus on an early-stage project called Metacade, however, which looks to be many experts’ top pick for projects with the greatest chance of posting eye-watering gains this year.  Metacade looks to be a big chance for huge gains Metacade has set the investment world alight, with the huge opportunity the project is currently offering for those looking at the presale. The platform already raised a mind-blowing $5m in just the first 10 weeks and shows no sign of slowing...

As the first cryptocurrency, and the largest by market capitalization, the Bitcoin price is often the first to move. Other cryptocurrencies are typically tied to the Bitcoin price, as the correlation between Web3 tokens is still strong. So, when will the next crypto bull market return, and what effect might it have on new projects like Metacade ? Is online gaming ready to explode again? The bull market often causes many cryptocurrencies to gain value, with new all-time highs being reached across the crypto markets. The previous bull market of 2021 saw online gaming platforms increase in value to become some of the leading projects in the world of Web3. Decentraland (MANA), The Sandbox (SAND), and Axie Infinity (AXS) each rose by over 200x during the 2021 bull market. It was kickstarted by Bitcoin price movements, with other cryptos following the price after large investors rotated into other blockchain projects. The next crypto bull market is expected to occur between 2024 and 20...

The cryptocurrency market has now expanded significantly, which has caught the interest of both cryptocurrency investors and hackers who seek to access the wallets of crypto aficionados. The development of hacking tools has given cybercriminals a variety of ways to get into people’s wallets. You may stop fraudsters from accessing your money by following the appropriate measures and protocols. You must understand how wallet security might be breached to stop hackers from gaining access to your cryptocurrency assets.  Today, we’ll demystify a few techniques with which you can make your crypto wallets secure. Stay hooked! What security risks affect cryptocurrency wallets? The use of a bitcoin wallet carries many possible security hazards. One danger is that the program or app might have security holes that would allow hackers to access the wallet. This may happen if the wallet is a “hot” wallet, which means it’s online and accessible from a computer or mobile device.  Some ...