Immutable, a prominent player in the NFT and blockchain gaming space, has recently announced its decision to close down its NFT marketplace. This strategic move is in line with the company’s vision of bolstering its network by supporting other marketplaces within its ecosystem. The closure of Immutable Marketplace is scheduled to begin on August 13,
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XRP, the cryptocurrency associated with Ripple Labs, has recently shown a significant surge in its price, outperforming other major digital assets. In just one day, XRP experienced a price increase of almost 20%, reaching $0.64 before retracing slightly to $0.61. This spike has led to a monthly gain of 42%, indicating a bullish trend for
Blackmouth Games has brought a fresh take on the battle royale genre with the launch of Domenation Early Access. This third-person shooter is now available on multiple platforms, including Steam, Ultra, Elixir Games, and HyperPlay. Players are thrust into an immersive environment where they not only face off against each other but also against menacing
Bitcoin whales have been actively accumulating substantial amounts of the cryptocurrency amid the recent market downturn. According to on-chain activity data, over 404,448 BTC worth approximately $22.8 billion has been transferred to permanent holder addresses in the last 30 days. This significant movement of BTC to long-term holder wallets suggests a strong accumulation phase within
In a period marked by a deep plunge in the overall crypto market, Cardano (ADA) has managed to stand out with its resilience and growth in on-chain activity. Despite the global crypto market cap falling to $2.5 trillion from $2.7 trillion in May, Cardano has shown notable progress. The Cardano foundation reports an increase in
In recent news, there has been a shocking revelation linking convicted UK hacker Gurvinder Bhangu, known as Gurv, to the high-profile compromises of American actress Sydney Sweeney and ‘Breaking Bad’ actor Bob Odenkirk’s accounts. These hacks resulted in over $530,000 being stolen through Solana meme coin scams. Renowned on-chain detective ZachXBT uncovered compelling evidence pointing
Cardano (ADA) is making waves in the cryptocurrency market as it competes with Ethereum in terms of large transaction volume. The recent surge in transaction volume indicates a wave of accumulation among ADA’s large holders. Data from market intelligence platforms like IntoTheBlock and Santiment show that Cardano whales have been actively adding to their positions,
Joey Garcia, the Director and Head of Regulatory Affairs and Public Relations at Xapo Bank, has been a key player in the evolution of cryptocurrency regulation. His journey started in 2014 when he collaborated with Wences Casares to establish a regulatory framework for cryptocurrencies in Gibraltar. Despite facing initial skepticism and resistance, Garcia’s persistence led
Recently, XRP witnessed a significant surge in its price, climbing to $0.66 from $0.60 in just 24 hours. This price level was last seen in the third week of March, sparking renewed investor optimism in the market. One notable trend in the XRP ecosystem is the rise in the number of wallets holding at least
The Bahamas Securities Commission recently announced the passing of the Digital Assets and Registered Exchanges Act, 2024 (DARE 2024) with the aim of providing regulatory clarity for the country’s digital assets industry. This legislation comes nearly two years after the collapse of FTX, the exchange that was headquartered in the Bahamas in 2022. The goal