Tag: Blockchain

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Sandbox token SAND rallies 260% in November ahead of play-to-earn metaverse launch

Nevertheless, signs of a bearish divergence between SAND’s price and momentum may hamper its ongoing upside momentum. SAND, the native token of The Sandbox — a blockchain-based gaming platform owned by Animoca Brands — inched higher on Nov. 23, building on its gains made across November to reach another record high. The price of SAND rose to $5.64…
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Avalanche pushes out Dogecoin from top-10 after AVAX price soars 100% in November

The market cap of AVAX touched $30.32 billion for the first time in history. Avalanche (AVAX) is now the tenth-largest cryptocurrency by market capitalization after more than doubling in price since the start of November. AVAX entered the top-10 crypto index after pushing out Dogecoin (DOGE). In doing so, its circulating market valuation reached $30.60…
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What is Mimblewimble and how does it work?

Mimblewimble is a spell that literally ties the target’s tongue to keep them from exposing information on a given subject. It is well-known among Harry Potter enthusiasts. What is Mimblewimble?  Mimblewimble is a privacy-oriented decentralized protocol that uses a novel way of structuring and storing transactions on the blockchain. It was designed and introduced by…
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Bitcoin as Legal Tender: a Look at the Pros, Cons, and Future Trends

Greg Waisman, co-founder and COO of the global payment network Mercuryo. __________ Since the inception of Bitcoin (BTC) back in 2009, there has always been buzz around the topic of adopting the cryptocurrency as a nation’s official legal tender…. Read More: Bitcoin as Legal Tender: a Look at the Pros, Cons, and Future Trends  Read…
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Ruling South Korean Party Makes Pro-Crypto Policy U-Turn

The head of the ruling Democratic Party in South Korea has promised to make a dramatic U-turn on crypto policy, claiming that “the time has come” for the government to stop regulating crypto and start “fostering” the industry…. Read More: Ruling South Korean Party Makes Pro-Crypto Policy U-Turn  Read more »Pay, Trade, Buy Bitcoin with…
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Crypto Gaming Could Become Blockchain ‘Killer App’, Says Atari Exec

An Atari executive has hinted that crypto gaming scalability could one day eclipse all other blockchain technology-related activity combined – explaining that crypto games “could become a blockchain killer app” because “there are a lot more gamers than there are traders worldwide.”… Read More: Crypto Gaming Could Become Blockchain ‘Killer App’, Says Atari Exec  Read…
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Torrent Website Called The NFT Bay Reignites Controversy Over Non-Fungible Tokens

There’s a new website the crypto community has been discussing called The NFT Bay, a web portal that operates in a similar fashion to The Pirate Bay (TPB), because the platform hosts a huge selection of NFTs stemming from various blockchain platforms for free. On Thursday, the web portal’s creator revealed a file called “The…
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Acala wins first Polkadot parachain auction with over 32M DOT staked

The upcoming Polkadot DeFi hub raised nearly $1.3 billion from approximately 25,000 contributors in its token ICO. On Thursday morning, Acala, a decentralized finance (DeFi) protocol operating on the Polkadot (DOT) network, announced it had won the first-ever Polkadot parachain auction.  Acala raised a total of 32.5 million DOT, worth roughly $1.28 billion, from 24,934 contributors…
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$500M blockchain gaming proposal Game7 to come online with backing from industry veterans

The vast majority of the funding will come from BitDAO, one of the fastest growing decentralized treasuries in the world. As outlined in a prepared statement obtained by Cointelegraph, Game7 is an upcoming $500 million blockchain ecosystem acceleration decentralized autonomous organization, or DAO, with the goal of onboarding gamers worldwide to the blockchain ecosystem. Entities…
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