Sun, October 4

Pixelmon NFT Game All Set For a Revamped Comeback

Pixelmon revealed a new leadership team and an altered plan. Co-founder of LiquidX, would lead Pixelmon as its chief executive officer. Pixelmon, a project that generated $70 million by selling NFTs that promised to give a Pokémon-esque experience and then exhibited ragged artwork that was universally ridiculed and spawned memes

September 27, 2022 2 mins read

Major Cryptocurrencies Rally Post Stock Market Decline

Over 1% was lost by the S&P 500, while 0.5% was lost by the NASDAQ-100. In the last 24 hours, BTC has risen by more than 5%, trading at $20.2K now. Astoundingly, the cryptocurrency market has surged. Bitcoin’s price has risen from the $18,000-$19,000 level to the $20,000 mark. Over

September 27, 2022 1 min read

Almost $1 Million Stolen in Ethereum ‘Vanity Address’ Exploit

The hack used the same flaw as the previous $160 million heist. With a vanity address, one may choose their own unique string of letters and numbers. An Ethereum “vanity address” valued around $950,000 was compromised; this address was created using a program called Profanity. The hack used the same

September 27, 2022 2 mins read

VeChain Partners With TruTrace For Wider Blockchain Adoption

In late August of 2022, the corporations declared they will be working together. VeChain shared news of a collaboration with SaaS provider OrionOne. A recent tweet revealed the sectors that VeChain and TruTrace would be working with to bring blockchain technology. TruTrace is a Canadian software as a service (SaaS)

September 27, 2022 2 mins read

Acala Network To Resume Operations After Passing Vote

A vote permitted LPs to withdraw liquidity from pools or unstake LP tokens. There was a reported minting mistake of 3.022 billion aUSD. The Acala Network said on Monday that it has resumed operations after the mining failure involving its stablecoin aUSD. Thanks to a vote permitting LPs to withdraw

September 27, 2022 2 mins read

Walmart Sets Foot in the Metaverse via Roblox

Roblox, the metaverse platform has an average of 52 million users daily. Walmart metaverse is a design to capture the next generation of customers. Walmart announced the launch of two new metaverse worlds, one Walmart Land and another Walmart’s Universe of Play. The launch was proposed on 26th September. Roblox,

September 27, 2022 2 mins read

FTX Won Voyager Digital Assets Acquisition Against Binance

FTX won the acquisition against Binance and CrossTower. The bid from FTX US is valued at roughly $1.422 billion. The major cryptocurrency exchange FTX, founded by billionaire Sam Bankman-Fried won the bid to buy the assets held by insolvent company Voyager Digital. After multiple rounds of bidding in an intensely

September 27, 2022 2 mins read

Mining GPU Prices in China Plummets Post ETH Merge

Prices for Nvidia GeForce GPUs have dropped dramatically. GPU’s price plummeted from 8,000 yuan to 5,000 yuan. Graphics processing units (GPUs), often used for mining cryptocurrencies like Ether (ETH), have seen price drops in China. This is because of the Ethereum networks transition to a proof-of-stake (PoS) consensus method, attracting

September 26, 2022 1 min read

Top U.S Authorities Might Have To Disclose Financial Dealings

The structure of the bill also suggested that disclosure amounts be more specific. The chair of the Committee on House Administration proposed the initiative. Members of Congress, the Senate, and the Supreme Court who are also cryptocurrency traders may be required to halt their activities while in office if a

September 26, 2022 2 mins read

Italian Soccer Team AC Milan Announces New NFT Initiative

The team launched a collaborative NFT drop of franchise-owned IP with Monkeyleague. On October 6, the new assets will be auctioned off to fans. Now more than ever, international sports teams are using Web3 elements to reach out to supporters in outside markets. The Italian Serie A League’s current champions,

September 26, 2022 2 mins read