Description The dialogue surrounding blockchain-based gaming has been deafening. With its lofty promises of upending the gaming industry’s status quo and providing players with unparalleled autonomy, it’s no wonder that blockchain enthusiasts are singing its praises. Yet, the glaring question remains unanswered: If it’s so transformative, why aren’t we all reveling in this new age of … Read more The dialogue surrounding blockchain-based gaming has been deafening. With its lofty promises of upending the gaming industry’s status quo and providing players with unparalleled autonomy, it’s no wonder that blockchain enthusiasts are singing its praises. Yet, the glaring question remains unanswered: If it’s so transformative, why aren’t we all reveling in this new age of gaming? Could the answer lie with gamers – the very group this revolution aims to empower? Gamers vs. Blockchain: An Unexpected Standoff Every corner of the internet, especially gaming subreddits, is filled with opinions about blockchain, cryptocurrency, and NFTs. And let’s be brutally honest here: Not all of it is good. In fact, most of it is downright disdainful. A browse through these platforms paints blockchain…

TL;DR Breakdown Just like Friend.Tech, CyberConnect (CYBER) is a social media network that allows developers to create applications focused on content and friendship. CYBER price is up 250% in the past seven days due to the massive interest from traders.  The crypto market volatility has investors questioning if CYBER is another wrong market investment. Description CYBER takes over the market frenzy. In the ever-changing landscape of social networking platforms, change is the only constant. Case in point: the seismic shift caused by CYBER replacing Friend.Tech as the go-to social media platform for millions of users around the globe. Friend.Tech was once hailed as the “next big thing,” a harbinger of … Read more CYBER takes over the market frenzy. In the ever-changing landscape of social networking platforms, change is the only constant. Case in point: the seismic shift caused by CYBER replacing Friend.Tech as the go-to social media platform for millions of users around the globe. Friend.Tech was once hailed as the “next big thing,” a harbinger of an evolved social media landscape.  But in what seems like a blink…

Description It’s heating up in the world of cryptocurrency as Gemini launches a pointed accusation against Genesis, alleging vote manipulation concerning a proposed settlement with FTX. In what is turning into a complicated financial skirmish, one of the industry’s most recognized names, Gemini, is making no bones about their suspicions regarding the integrity of voting processes … Read more It’s heating up in the world of cryptocurrency as Gemini launches a pointed accusation against Genesis, alleging vote manipulation concerning a proposed settlement with FTX. In what is turning into a complicated financial skirmish, one of the industry’s most recognized names, Gemini, is making no bones about their suspicions regarding the integrity of voting processes and the true intentions behind them. A Complicated Web of Accusations Gemini’s contention revolves around the belief that Genesis is struggling to gather genuine support from actual creditors. Instead, in their view, Genesis seems to be seeking affirmation from unlikely allies, a move that raises eyebrows and questions about the legitimacy of their actions. A particularly stinging critique came from Gemini’s legal team, who hinted at…

TL;DR Breakdown U.S. Senator Jon Tester faces financial challenges and seeks aid on social media. Tester’s skepticism towards cryptocurrencies has caused a stir in the crypto community. Coinbase CEO, Brian Armstrong, openly criticizes Tester’s stance on crypto. Description U.S. Senator Jon Tester finds himself in a financial bind. Known for his skepticism about cryptocurrencies, Tester’s recent plea for financial aid on social media has stirred controversy. The crypto community, in particular, has been swift in its response. Senator Tester, alongside Senator Elizabeth Warren, co-sponsored the Digital Asset Sanctions Compliance Enhancement Act. He has … Read more U.S. Senator Jon Tester finds himself in a financial bind. Known for his skepticism about cryptocurrencies, Tester’s recent plea for financial aid on social media has stirred controversy. The crypto community, in particular, has been swift in its response. Senator Tester, alongside Senator Elizabeth Warren, co-sponsored the Digital Asset Sanctions Compliance Enhancement Act. He has never been shy about his reservations concerning the crypto industry. Tester once remarked that cryptocurrencies “don’t pass the smell test” for him. Regulating digital assets might inadvertently give them…

TL;DR Breakdown According to reports, Ethereum NFT trading hit a two-year low in August. Challenges and potential revival of the NFT market. Description In August, the monthly trading volume of Ethereum NFTs experienced a significant decline, reaching its lowest level in two years. This drop in activity was observed across several major NFT marketplaces, including OpenSea, Blur, LooksRare, and X2Y2. The data from The Block’s dashboard revealed that trading volume of Ethereum NFTs fell to $407 million in … Read more In August, the monthly trading volume of Ethereum NFTs experienced a significant decline, reaching its lowest level in two years. This drop in activity was observed across several major NFT marketplaces, including OpenSea, Blur, LooksRare, and X2Y2. The data from The Block’s dashboard revealed that trading volume of Ethereum NFTs fell to $407 million in August, marking a 32% decrease compared to July’s $599 million and the lowest trading volume since June 2021. Ethereum NFT trading decreased by 32% in August X2Y2 led the decline with a 40% month-over-month drop, while Blur, OpenSea, and LooksRare also saw their trading…

TL;DR Breakdown Gary Gensler’s leadership at the SEC has been notably aggressive towards the digital asset industry. Initially targeting smaller entities, the SEC under Gensler has shifted focus to larger players in the crypto realm. U.S. courts are beginning to challenge and overrule the SEC’s overreaches in several key decisions. Description If you ever find yourself longing for a bit of light-hearted folly, look no further than Gary Gensler’s frenzied quest to tame the expansive seas of the digital asset industry. His role at the helm of the Securities and Exchange Commission (SEC) has been rife with relentless pursuits, perhaps too ambitious for his own good. … Read more If you ever find yourself longing for a bit of light-hearted folly, look no further than Gary Gensler’s frenzied quest to tame the expansive seas of the digital asset industry. His role at the helm of the Securities and Exchange Commission (SEC) has been rife with relentless pursuits, perhaps too ambitious for his own good. Gensler Riding the Wave of Power Under Gensler’s watch, the SEC emerged with a vengeance, drenching…

Description It appears that a change in the wind is afoot, giving the US Federal Reserve some much-needed breathing room. Recent statistics show a cooling in the world’s economic powerhouse, providing the Fed with a potential respite from the tug-of-war that has been ongoing regarding interest rates. Taking A Breather: Fed’s Stance on Rates New job … Read more It appears that a change in the wind is afoot, giving the US Federal Reserve some much-needed breathing room. Recent statistics show a cooling in the world’s economic powerhouse, providing the Fed with a potential respite from the tug-of-war that has been ongoing regarding interest rates. Taking A Breather: Fed’s Stance on Rates New job figures released on a Friday signal that while the US employment sector remains robust, there’s a subtle chill setting in. The unemployment rate nudged upward in August, though not without a decent addition of 187,000 new positions. This data drop has experts suggesting that the Fed could hold its horses on further rate hikes, especially since the economic engine is showing signs of slowing down due…

TL;DR Breakdown Bitcoin Whales holdings have registered a massive spike as the price of BTC declines. Institutional confidence grows ahead of ETF decision. Description In recent weeks, large Bitcoin whales, often referred to as “whales” in the crypto world, have demonstrated remarkable confidence in the cryptocurrency, increasing their holdings significantly. Data from crypto analytics firm IntoTheBlock revealed that addresses holding at least 0.1% of the Bitcoin supply, valued at more than $500 million, added a collective $1.5 billion to … Read more In recent weeks, large Bitcoin whales, often referred to as “whales” in the crypto world, have demonstrated remarkable confidence in the cryptocurrency, increasing their holdings significantly. Data from crypto analytics firm IntoTheBlock revealed that addresses holding at least 0.1% of the Bitcoin supply, valued at more than $500 million, added a collective $1.5 billion to their holdings during the final two weeks of August. Bitcoin Whales added $1.5 billion BTC in August This notable increase in Bitcoin whales holdings occurred even as the flow of funds into centralized exchanges remained minimal. According to Lucas Outumuro, Head of Research…

TL;DR Breakdown Summer break is over, and the video games season is back. Q4 2023, especially September, has its luck with successful, long-awaited games release.  The NBA is set to release  NBA 2K24 ahead of the season-opening with an extensive roster of NBA and WNBA athletes.  The football season is here with the additional release of EA Sports FC 24. Description The video games season is here. This September, it’s beginning to look a lot like a gamer’s Christmas! The gaming industry has turned Santa Claus, stuffing your digital stockings with epic releases that are more thrilling than a sleigh ride down a mountain.  Forget sugarplums—visions of next-gen graphics, immersive storylines, and ground-breaking gameplay are dancing … Read more The video games season is here. This September, it’s beginning to look a lot like a gamer’s Christmas! The gaming industry has turned Santa Claus, stuffing your digital stockings with epic releases that are more thrilling than a sleigh ride down a mountain.  Forget sugarplums—visions of next-gen graphics, immersive storylines, and ground-breaking gameplay are dancing in our heads. Mark your calendars…

TL;DR Breakdown Solana CEO Anatoly Yakovenko has urged FTX to return its SOL to users. Customers anticipate a decision on the assets. Description Cryptocurrency exchange FTX, which underwent a significant change in management following its bankruptcy in November 2022, is drawing attention due to the movement of its substantial Solana (SOL) holdings. Recent data shared on Twitter revealed that FTX’s cold storage wallets, identified through the blockchain explorer Solscan, began transferring SOL tokens. These wallets collectively hold close … Read more Cryptocurrency exchange FTX, which underwent a significant change in management following its bankruptcy in November 2022, is drawing attention due to the movement of its substantial Solana (SOL) holdings. Recent data shared on Twitter revealed that FTX’s cold storage wallets, identified through the blockchain explorer Solscan, began transferring SOL tokens. These wallets collectively hold close to 7 million SOL, equivalent to approximately $134 million at current market prices. FTX still holds $134 million worth of SOL Solana Foundation had disclosed a substantial sale of SOL to FTX and its sister trading firm, Alameda Research, totaling 58,086,686 SOL. At today’s…