Top crypto tweets of the day – August 3rd

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  TL;DR Breakdown Ethereum introduces Ethscriptions, an inscription system inspired by Bitcoin’s inscriptions. All 10,000 Ethscriptions were quickly claimed, reflecting the enthusiastic response from users. Despite the Ethscriptions launch, the number of active addresses remains stable with approximately 465,000 users. Description In a move that mirrors Bitcoin’s foray into NFT inscriptions, Ethereum is making significant strides by introducing a new feature called Ethscriptions. This Ethereum-based inscription system has generated a positive response from users, drawing parallels with Bitcoin’s inscriptions and their impact on the crypto industry. Middlemarch, the co-founder of Capsule 21, announced Ethscriptions on June … Read more In a move that mirrors Bitcoin’s foray into NFT inscriptions, Ethereum is making significant strides by introducing a new feature called Ethscriptions. This Ethereum-based inscription system has generated a positive response from users, drawing parallels with Bitcoin’s inscriptions and their impact on the crypto industry. Middlemarch, the co-founder of Capsule 21, announced Ethscriptions on June 17, unveiling a groundbreaking system that allows the creation and sharing of digital works through Ethereum transaction calldata. In conjunction with this exciting development, Middlemarch also launched…

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• Fei Labs denies discord seizure amid class-action lawsuit

  TL;DR Breakdown The legal representative of Fei Labs has cleared the air after rumors of its discord seizure surfaced on Twitter. Class-action lawsuit reaches preliminary settlement stage. Description In recent developments surrounding the ongoing class action lawsuit against DeFi project Fei Labs, new information has emerged regarding the widely reported seizure of the platform’s Discord server. Contrary to previous reports, it has now been clarified that the notice posted on the server was not a result of authorities seizing control. Instead, the purpose … Read more In recent developments surrounding the ongoing class action lawsuit against DeFi project Fei Labs, new information has emerged regarding the widely reported seizure of the platform’s Discord server. Contrary to previous reports, it has now been clarified that the notice posted on the server was not a result of authorities seizing control. Instead, the purpose of the notice was to inform investors who were negatively affected by the project’s volatile launch event two years ago. This article will delve into the details of the situation, shedding light on the Fei Labs lawsuit, the recent…

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• Everything to know about GTA 6 Play-to-Earn

  TL;DR Breakdown Grand Theft Auto 6 (GTA 6) is anticipated to introduce a play-to-earn system using cryptocurrency rewards, transforming gaming into a potential income source. The rumors suggest Bitcoin might be integrated as an in-game payment method and reward token. As the global gaming landscape continues to evolve, one forthcoming release is causing ripples of anticipation throughout the industry. The Grand Theft Auto (GTA) series is no stranger to innovation and groundbreaking features. The next iteration, GTA 6, is poised to take a quantum leap in game design and player rewards, embracing the crypto revolution. As the excitement builds up, let’s dive deep into this thrilling development in our favorite open-world action adventure. Driving digital rewards in GTA 6 Reports suggest that GTA 6 is set to join the burgeoning play-to-earn gaming landscape by integrating cryptocurrency rewards. This move would mark a monumental upgrade from its successful predecessor, GTA 5. Based on the leaks circulating on the Internet, the new game could provide players with an added incentive to engage by offering them a chance to earn and trade in-game…

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• Brazillian football legend Ronaldinho denies involvement in alleged cryptocurrency scheme during legislative hearing

  TL;DR Breakdown Brazilian football legend Ronaldinho appeared before a legislative commission to deny allegations of his involvement in a cryptocurrency scam named “18k Ronaldinho,” which promised investors up to 400% returns in less than a year. Ronaldinho clarified that he had signed a contract in 2019 with a watch company called “18K Watches,” and the photos taken for that campaign were used without his permission in the cryptocurrency scheme. He also revealed that he had terminated the contract in the same year. Description Brazilian football legend Ronaldo de Assis Moreira, commonly known as Ronaldinho, appeared before a legislative commission to refute allegations of his involvement in a cryptocurrency scam named “18k Ronaldinho.”  The scheme had promised investors returns of up to 400% in less than a year. Ronaldinho asserted that he had not authorized the use of his … Read more Brazilian football legend Ronaldo de Assis Moreira, commonly known as Ronaldinho, appeared before a legislative commission to refute allegations of his involvement in a cryptocurrency scam named “18k Ronaldinho.”  The scheme had promised investors returns of up to 400%…

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• Netflix begins streaming video games – Here’s why you should care

  TL;DR Breakdown Netflix has rolled out video gaming to a select few in Canada and the United Kingdom, a watershed moment for Netflix’s gaming ambitions. Consoles like Microsoft’s Xbox Series X or Sony’s PlayStation 5 are not among the currently supported devices. The two games currently accessible are the original Oxenfree (created by Night School Studio, which Netflix now owns) and Molehew’s Mining Adventure. Description Netflix has begun the first public testing of its cloud-streamed games. Beginning Monday, some Netflix users in Canada and the United Kingdom will be able to enjoy Netflix games on select TVs, connected TV devices, and online via Netflix.com. Netflix’s VP of gaming, Mike Verdu, described this as a “limited beta test” for a small … Read more Netflix has begun the first public testing of its cloud-streamed games. Beginning Monday, some Netflix users in Canada and the United Kingdom will be able to enjoy Netflix games on select TVs, connected TV devices, and online via Netflix.com. Netflix’s VP of gaming, Mike Verdu, described this as a “limited beta test” for a small subset of…

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