Avalon, the groundbreaking Web3 gaming studio, recently secured a substantial $10 million in funding, signaling a monumental shift in the gaming industry. Led by notable investors such as Bitkraft Ventures and Hashed, this funding round aims to propel the development of Avalon’s inaugural title, Avalon. Unlike traditional MMO games, Avalon offers players the freedom to
The provincial government of Buenos Aires has formally accused Worldcoin of violating consumer laws through “abusive clauses” in its user agreement. According to the notice, Worldcoin’s unfair agreement allegedly allows it to interrupt services without offering repair or reimbursement. The government also claims that Worldcoin requires users to surrender their rights to collective complaints and
As the fourth Bitcoin Halving event looms closer, various market analysts and traders have shared their insights on the potential outcomes of this bull cycle. One such analyst, known as Lady of Crypto, has recently provided her perspective on the claims surrounding the current market decline and the impact of the impending Bitcoin halving scheduled
US Senators Elizabeth Warren and Charles Grassley have taken a bold step in requesting a detailed account of all interactions between Commodity Futures Trading Commission (CFTC) Chair Rostin Behnam and disgraced crypto mogul Sam Bankman-Fried (SBF). This formal request, made in an April 12 letter, aims to bring to light any potential regulatory failures that
The unfolding scandal involving Binance executive Nadeem Anjarwalla has taken a new turn with his extradition from Kenya after escaping custody in Nigeria. The manhunt initiated in Nigeria eventually led the authorities to Kenya, where Anjarwalla’s whereabouts were finally discovered. The Nigerian government, in collaboration with Interpol and Kenyan authorities, is now working towards extraditing
In the midst of bearish conditions in the broader crypto market, traders are turning their attention to on-chain micro-cap markets in search of the top crypto gainers. With Bitcoin trading near $63,000 and major altcoins like Ether, Solana, XRP, and Toncoin experiencing price fluctuations, on-chain markets have become a hotspot for investors looking for quick
The recent surge in the Solana meme coin market has brought the new meme coin, Ultimeme Fighting Championship (UFC token), into the spotlight with an astounding increase of +27,000%. The launch of UFC as part of a GameFi project aimed to provide an interactive gaming experience tied to the $UFC token. However, the rapid rise
Bitcoin (BTC) recently experienced a significant drop in price, causing turmoil within the crypto community. Veteran trader Peter Brandt has offered his insights on this sudden price movement, using the term “end run” to describe it. Brandt’s analysis suggests that Bitcoin may be at a turning point, with the potential for a strategic shift in
Recent discussions between House leaders and Senate Majority Leader Chuck Schumer suggest that stablecoin legislation may see action during this summer’s session or in the year-end lame-duck session. This is in response to the need for regulatory clarity in the financial technology sector, particularly in the area of stablecoins. House Financial Services Chair Patrick McHenry
STEPN, the innovative move-and-earn lifestyle app, has made waves in the industry by joining forces with global sportswear giant Adidas to launch a limited-edition STEPN x Adidas Genesis Sneakers NFT collection. This groundbreaking partnership signifies the start of a year-long collaboration, promising exciting NFT drops and physical wearable items down the line. The Solana-based generative