Altcoins

Trading Giant Robinhood Enables Transfers for Recently Listed Ethereum (ETH) Challenger

Customers of the trading giant Robinhood can now execute external transfers of the Ethereum (ETH) competitor Avalanche (AVAX). Robinhood first launched crypto transfers in and out of its platform in July, adding trading support for AVAX and XRP rival Stellar (XLM) last month and unlocking transfers for Avalanche on Thursday. AVAX is trading at $17.31 […]

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Altcoins Analysis Bitcoin Blockchain

Jungle Safari: Upcoming Web3 Game To Get NFT Airdrop from Apejet

Jungle Safari: Upcoming Web3 Game To Get NFT Airdrop from Apejet

A GameFi ecosystem called Apejet aims to introduce blockchain technology’s potential to the gaming industry. The Apejet ecosystem seeks to build a platform that enables game developers to raise money by integrating Apejet into their games and making JET tokens the rewards players receive. Selling JET tokens to players would allow game developers to raise […]

Altcoins Analysis Bitcoin Blockchain

Super Protocol: The Solution to Web3 Crypto Hacks and Data Leaks?

Super Protocol: The Solution to Web3 Crypto Hacks and Data Leaks?

Crypto hacks have become commonplace, with projects like Axie Infinity losing millions of dollars to such attacks. Hacks in 2022 alone have amounted to over $2 billion, and the year hasn’t ended yet. Many attacks were possible because web3 projects find it difficult to balance security and decentralization. Security is usually traded for decentralization, which […]

Crypto News

Algorand: ALGO Price All Go With Nearly 30% Rally In Last 7 Days

In only the past week, ALGO has grown by a whopping 30%. Some may not be surprised by this development, as Algorand collaborated with FIFA to create FIFA+ Collect, a platform where fans can buy digital collectibles in the form of NFTs. There has been a dramatic impact on the environment as a result of this alliance. A tweet from @intotheblack shows that the number of unique addresses that have completed their first transaction for ALGO has increased from 5,000 to 20,000. There has been an increase in the cost of ALGO because to the increased number of transactions using unique addresses. As of this writing, the price of one coin is somewhere between the 23.60 and 38.20 Fibonacci retracement levels, or about $0.3949 and $0.3724. There is no denying the ripple impact that this collaboration has on all of Algorand. But will the agreement lead to additional price increases, or is this simply a temporary boost? Image: NFTgators ALGO Gets Boost From FIFA+ Collect The price of ALGO increased by 31.18% in a matter of hours on the press day of the FIFA+ Collect release. To sum up, the coin is up 27.54% from September 22nd when trading began till today, September 26th. As of this writing, ALGO is trading at $0.3662, down 5.8 percent in the last 24 hours, data from Coingecko show, Monday Information provided by Santiment suggests that the cooperation has an impact beyond only the pricing. Algorand’s NFT sector has witnessed a dramatic increase in activity. From September 21 to September 22, the total volume of NFT trades surged from $186,000 to a staggering $606,000. Related Reading: Litecoin Price Watch: Why Only 15% of LTC Holders Are Making Profit This is not the only positive development for the ALGO token and the Algorand ecosystem in general. The TVL of ALGO observed an increase in staked tokens. From September 22-24, the TVL increased from $234 million to $263.69 million. The Algorand ecosystem also had a significant overhaul. Additionally, the ecosystem implemented the State Proof procedure. This version provides an additional layer of protection against quantum threats and enables the development of “decentralized bridges” to connect Algorand to other blockchains. ALGO Bullish Momentum Subsiding? At the time of writing, the coin’s price has already reached above the double-bottom support level at $0.3687. This may indicate that the bullish momentum has waned and the bears are currently taking the driver’s seat. Considering this, ALGO can fall to a relatively secure position near the 50 Fib level. This level will serve as the token’s support. However, it cannot fall below the indicated Fibonacci level, as this would indicate a bottom on September 22. Related Reading: Dogecoin (DOGE) Is On Top Of Whales’ Menu – Here’s Why ALGO total market cap at $2.25 billion on the daily chart | Source: TradingView.com Featured image from Forkast, Chart: TradingView.com

Bitcoin

Veritaseum Sued Coinbase Over Patent Infringement, Seeks $350 M For Settlement

Coinbase gets into trouble with another lawsuit of patent infringement, among its other legal issues. A blockchain-based fintech software company in New York, Varitaseum Capital LLC, sued the crypto exchange for infringing its patent transfer technology for several exchange services. Reggie Middleton, the founder of Veritaseum, filed the patent infringement case against Coinbase in Delaware […]

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Singapore’s DBS Bank Expands Its Crypto Trading Service For 100K Customers

As per Friday’s announcement through Bloomberg, Singapore state-owned DBS Bank has expanded its crypto trading service to more its 100,000 investors linked with its DBS Treasures section. The DBS’ clients will trade virtual currencies through its member-only decentralized exchange, DDEx. The service initially allows customers to trade four top cryptocurrencies, including Bitcoin (BTC), Ethereum (ETH), […]

Crypto News

Win.app changes Play-to-Earn to Play-to-Win

Win.app aims to bring in a new era for blockchain gaming by becoming the ultimate play-to-earn gaming infrastructure for Web3. Developers worldwide will soon have access to the Win SDK, an out-of-the-box solution that empowers their games to support NFTs and crypto rewards, alongside new game modes like PvP and tournaments, essentially transforming any mobile game into a competitive multiplayer experience for Web3. Revolutionizing play-to-earn with Win SDK The Win SDK was built with one main goal: to remove the hassle of monetization from the development process, allowing creators to focus on reaching their vision when creating the ultimate skill-based games. It packs in all the key features of the play-to-earn experience: A complete blockchain-powered crypto payments solution that uses non-custodial wallets and Win’s proprietary $FTW token as in-game currency; NFT-based leveling system and staking rewards, allowing for unlimited gamification opportunities; A complex match-making and player rating algorithm that enables PvP gameplay and ensures that players are always matched with players of similar skills for a fun and fair experience; Real-time analytics for tracking all critical data; 24/7 player support – players will always have access to a dedicated support team that can handle any issue; Win.app firmly believes that developers need to focus on their creativity and innovation, not on the monetization hassle. The Win Realm – real Heroes are made, not born The Win Realm is a component of the Win Ecosystem designed to highlight the potential of the Win SDK. It uses Heroes, unique Polygon-based NFTs (ERC-721) as player-owned characters, and features a fantastic journey encapsulating the adventures of three ancient tribes. Every action of a player directly affects these Heroes. In the Win Realm, one doesn’t simply level up; they get mightier. The mightier the Hero is, the more opportunities one has: access to special tournaments, increased staking rewards, one-of-a-kind NFT collectibles, and much more. More information on the Win Ecosystem is available on the Win Blog. About Win.app Win.app is a play-to-earn mobile gaming platform powered by the blockchain. The platform enables players to compete against each other in skill-based games and earn crypto rewards and NFTs. Through its Win SDK, it allows mobile game developers worldwide to seamlessly integrate the P2E model in their skill-based games with just two lines of code. Win’s core belief is that blockchain technology can change the world, and as such, it’s working tirelessly to be the driver of this change. They are redefining the concept of play-to-earn by rebuilding the P2E gaming infrastructure for Web3.