“Off the Grid” Shakes Up Battle Royale
The gaming landscape witnessed a significant addition this Tuesday as “Off the Grid,” a blockchain-based battle royale game. Launched in early access on major platforms including PlayStation 5, Xbox Series X|S, and PC via the Epic Games Store. Developed by Gunzilla Games on their own Avalanche L1 subnet, GUNZ. This game promises a unique blend […]
Rising Crypto Crimes in Southeast Asia
The United Nations Office on Drugs and Crime (UNODC) has issued a grave report indicating that Southeast Asia is becoming a hotbed for sophisticated crypto-related crimes. These activities, often orchestrated by organized crime groups, are causing financial damages estimated between $18 billion and $37 billion in 2023 alone. Technological Exploits by Criminal Networks According to […]
Ty Dolla $ign $500K Sundog Meme Coin Bet
Grammy-nominated rapper Ty Dolla $ign is making waves in the cryptocurrency world with a substantial investment in Sundog ($SUNDOG). A meme coin on the TRON blockchain. On Monday, he invested 3.2 million TRX. Approximately $502,000, spurred by a public interaction with professional boxer Ryan Garcia, a noted supporter of the coin. Celebrity Endorsement Boosts Sundog […]
UAE Exempts Virtual Assets from VAT in Regulatory Update
The United Arab Emirates (UAE) has made significant amendments to its value-added tax (VAT) laws by exempting transactions involving virtual assets, including cryptocurrencies. This change, announced by the UAE’s Federal Tax Authority (FTA) under Cabinet Decision No. (100) of 2024 on October 2, 2024, will take effect on November 15, 2024. Clarity and Alignment in […]
Binance Faces Declining Market Share
Crypto exchange Binance is experiencing a notable decline in its market dominance, processing significantly less trading volume compared to previous months, according to a recent report from digital asset data provider CCData. Reduced Trading Volumes and Market Share The report, published on October 3, highlights that Binance accounted for 36.6% of the combined volume for […]
Ethereum Game Moonray Expands
The developers behind the Ethereum action game Moonray are broadening their horizons with the introduction of a mobile auto-battler set to launch in early 2025. This new game aims to complement their existing flagship battle arena game by offering a different gameplay experience within the same “post-human” universe. Strategic Gameplay Meets Blockchain Integration Auto-battlers, also […]
Ethereum’s Volatility Outpaces Bitcoin as US Election Nears
In the cryptocurrency markets, Ethereum’s volatility readings are currently surpassing those of Bitcoin. With a notable gap that has widened over the last few months. This increase comes as traders prepare for potential market shifts ahead of the upcoming US presidential election in November. Growing Volatility in Ethereum Nick Forster, the founder of DeFi derivatives […]
Bitwise Eyes Launch of XRP ETF Amid Regulatory Landscape
Bitwise, a prominent crypto asset manager based in San Francisco, California, has confirmed its plans to launch a major new exchange-traded fund (ETF) based on XRP. The seventh-largest cryptocurrency by market capitalization. This move follows the Securities and Exchange Commission (SEC)’s recent approvals of Bitcoin and Ethereum ETFs from various firms earlier this year. Growing […]
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