Latest Analysis Reveals the Bright Future of Blockchain Gaming
DappRadar’s Q2 2023 analysis highlights blockchain gaming’s shining potential and its significant growth in the industry. Key Points DappRadar’s recent analysis for Q2 2023 highlights the shining potential of blockchain gaming. This exciting industry has surpassed expectations, showcasing its value beyond finance. With a 36% industry engagement and remarkable increases in active wallets for Klaytn and Oasys, blockchain gaming is …
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Jesse Pollak from Coinbase Anticipates $8 Billion On-Chain
Jesse Pollak of Coinbase predicts up to 8 billion people will adopt crypto in the next decade, surpassing the current global population, with rapid adoption transforming lives worldwide. Key Points During the EthCC conference in Paris, Jesse Pollak, the protocols lead at Coinbase, stated that as many as 8 billion people will become crypto and blockchain users over the next …
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$3 Million Fundraising Milestone Achieved by Revolutionary AI Coin yPredict
yPredict’s crypto token presale achieves a significant $3 million milestone, showcasing the latest advancement in AI and digital currency convergence with the $YPRED AI coin. Key Points yPredict, a prominent web3 AI platform, has accomplished a significant milestone in its crypto token presale. The platform has successfully generated over $3 million in the seventh phase of its presale for the …
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Stellar Lumens (XLM) Rockets 24% in 24 Hours
Stellar Lumens (XLM) surges 24%, reclaiming its top spot as the best-performing cryptocurrency in the top 100, while its partnership with Fonbnk aims to boost financial inclusion in Africa. Key Points Stellar Lumens (XLM), the cryptocurrency behind the Stellar Network, has surged by 24% over the past 24 hours, reclaiming its position as the best-performing cryptocurrency in the top 100 …
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MEXC Exchange to List DEX Top Performer Token $TET
The $TET token is set to list on MEXC Exchange, gaining exposure to a broader audience and expanding its ecosystem in the DEX space. Key Points The listing on MEXC Exchange is scheduled to take place on July. Known for its robust trading infrastructure, high liquidity, and diverse range of trading pairs, MEXC Exchange offers enhanced trading capabilities and a …
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Speculations and Discussions Continue as Ripple Wins Summary Judgment
The Ripple-SEC legal battle continues with speculation on the possibility of an appeal, generating interest and implications for the broader crypto industry. Key Points After securing a victory in the recently-released summary judgment, Ripple’s legal battle against the SEC continues to attract speculations and discussions. CryptoLaw founder John Deaton, Attorney Bill Morgan, and former SEC regional director Marc Fagel recently …
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Argentine Presidential Candidate Urged to Embrace Bitcoin
An Argentine lawyer advises a presidential candidate to consider adopting Bitcoin instead of dollarization for the country’s economy. Important Points A prominent Argentine lawyer has advised a leading presidential candidate to reconsider his plans for dollarizing the economy and instead focus on adopting Bitcoin (BTC). The lawyer, Carlos Maslatón, made the comments in response to Javier Milei, a right-wing political …
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The Risks of Centralized Price Oracles in DeFi and Alternatives
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Cary
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July 12, 2023
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Defi
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DeFi
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In the fast-evolving world of decentralized finance (DeFi), the use of price oracles has become essential for accessing external data within smart contracts. Price oracles play a vital role in determining the value of various assets and facilitating seamless transactions on decentralized platforms. However, the reliance on centralized price oracles comes with its own set of risks. In this article, …
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Russian Tax Body Allows Payment of Taxes on Crypto Earnings
Russian citizens can now pay taxes on their cryptocurrency earnings, despite the lack of legal status for crypto, as the Federal Tax Service recognizes it as property. Key Points The Russian tax body has announced that citizens can now pay taxes on their cryptocurrency earnings, despite the fact that crypto tokens have no legal status in the country. This move …
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Trillions of Shiba Inu Having a Risk of Sell-Off
Bankrupt crypto lender Voyager holds two trillion Shiba Inu tokens, potentially at risk of being sold, as it faces financial instability and ongoing liquidation efforts. Key Points Trillions of Shiba Inu (SHIB) are potentially at risk of being sold, according to the latest data from Dune Analytics. The data reveals that Voyager, a bankrupt crypto lender, holds two trillion SHIB, …
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