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Showing posts with the label altcoin news

New Metaverse Crypto Presale Backed by LBank Labs RobotEra Goes Live

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Disclaimer: The Industry Talk section Features insights by crypto industry players and is not a part of the editorial content of Cryptonews.com. RobotEra has launched its presale, providing traders with the opportunity to invest early in its native TARO token. Running on the Ethereum blockchain, the platform is developing a Sandbox-style Metaverse, where players can participate in the creation of NFT-based land and buildings. In a year of big presales, RobotEra has the makings of a successful offering, with the platform already boasting some strong fundamentals. It also happens to boast funding from LBANK Labs, hinting at the momentum it could gather once its sale progresses further and when it secures its first exchange listings.  New Metaverse Crypto Presale Backed by LBank Labs RobotEra Goes Live With its alpha version due by the end of the first quarter of 2023, RobotEra is pushing full steam ahead with the launch of its presale. Even though the sale began ...

Seoul, US Warn of Fresh N Korea Ransomware Threat

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Source: Mieszko9/Adobe South Korean and United States intelligence agencies have warned that Pyongyang-based hackers are trying to hit “major international institutions” with ransomware attacks. But experts say that “overlapping sanctions” could help Seoul and Washington thwart North Korean cyber thieves. Per the South Korean media outlets SBS and New Daily, the Seoul-based National Intelligence Service (NIS) warned that North Korea was “trying to steal virtual assets” by “distributing ransomware to major institutions located all around the world.” The NIS made its announcement in conjunction with the US National Security Agency (NSA) and the Federal Bureau of Investigation (FBI). The move marks the first time that US and South Korean intelligence agencies have issued a joint security advisory. The NIS claims that North Korea-linked hacking organizations are now taking aim at the computer networks of “major instit...

Dogecoin Price Prediction as $1 Billion Trading Volume Comes In – Can DOGE Hit $1 This Year?

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Dogecoin price has been experiencing a lot of volatility in the last week, first rising to $0.0928 and dipping to $0.0786 before lifting again to trade highs around $0.0936. Bulls seem very aggressive and are searching for the next escape to $1.00. However, Dogecoin price is still trading below $0.1, and the next few days could determine the direction it takes. Dogecoin Price Approaches Major Inflection Point After a stunning rally, Dogecoin price is holding very close to $0.1 – a level that could determine if DOGE is going to $1 or may consolidate a little longer, as investors book early gains. The most popular meme coin holds above all the applied major moving averages, starting with the 50-day Exponential Moving Average (EMA) (in red) and forming a confluence support with the 100-day EMA (in blue) around $0.0811. DOGE/USD daily chart Dogecoin price also sits above the 200-day EMA (in purple) and holds the ground at $0.0847. Support is also provided by two ri...

Crypto-Based EV Payments System is a Huge Use Case for Blockchain, So Invest Now in This Future-Proof Project

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Disclaimer: The Industry Talk section Features insights by crypto industry players and is not a part of the editorial content of Cryptonews.com . Carbon credit markets are booming as countries around the world take action to try to mitigate the climate impact of their CO2 emissions. According to analysts at Refinitiv, the value of carbon credits traded increased by 164% in 2022, reaching a total trading volume of $851 billion. Meanwhile, according to Analysis from Coherent Market Insights, the market cap of the global carbon credit market was around $211.5 billion in 2019 and is expected to grow to over $2.4 trillion by 2027. Carbon credits allow polluters to offset their CO2 emissions by essentially funding carbon-negative projects via investments in carbon credits.  But carbon credit markets remain notoriously centralized. Big manufacturing/industrial sector players get to buy credits on mass. Big sellers, like electric vehicle (EV) maker Tesla, ge...

Shiba Inu Price Prediction - Can This Meme Coin Deliver for Crypto Bulls in 2023 as Price Edges Higher?

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Shiba Inu price continues to outshine its peers in the market, with its value increasing 9.9% in seven days and 9.4% in two weeks. However, the second-largest meme coin has lost 2.4% of its value to exchange hands at $0.00000895 at the time of writing. Investors are beaming with hope for a bullish SHIB in 2023, especially with the development team working toward the launch of Shibarium. Since the year started, the team has announced several strategic partnerships likely to speed up Shiba Inu's adoption while increasing the token burn rate. Shiba Inu Price Edges Higher Bolstered by Collaboration with The Bugatti Group Shiba Inu announced a special edition event in which the Bugatti Group will host a mint party dedicated to the ecosystem's NFTs, referred to as Shiboshis. The partnership will "bring physical items and collectible NFTs to the hands of our most devoted and supporting Shibtoken's NFT genesis holders," the team said. The special editi...

Bonk Price Prediction as Latest Memecoin BONK Blasts Up 2000% in 5 Days – Is This the Next Shiba Inu?

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Source: CoinGecko The price of Solana-based meme token Bonk (BONK) has risen by 90% in the past 24 hours, with the new Shiba Inu-styled altcoin launching at the end of December following a large-scale airdrop. The cryptocurrency is also up by a whopping 2,200% since going live, creating a serious expectation that it's the next big thing in dog-related meme tokens. Of course, the problem with most meme coins is that, beyond an association with unpredictable pumps, they don't have much in the way of fundamentals. Bonk hopes to counteract this to some extent by eventually launching its own DAO and linking with various parts of the Solana ecosystem, yet time will tell if it can become more than just another flash in the pan. Bonk Price Prediction as Latest Memecoin BONK Blasts Up 2000% in 5 Days – Is This the Next Shiba Inu? BONK has seen a steady increase in volume and price since becoming tradeable at the end of last month. This being crypto, and BONK being a ...

New Report: Sam Bankman Fried’s Empire Began to Crumble Long Before the Crypto Crash – Here’s What Happened

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Source: a video screenshot, New York Post The crypto empire controlled by disgraced FTX founder Sam Bankman-Fried was fragile for years, with cracks starting to show up already in 2022, a new report has suggested. According to the report, published by the Wall Street Journal on New Year’s Eve, Bankman-Fried’s crypto trading firm Alameda Research “never was particularly good at investing.” Alameda “took big gambles, winning some and losing plenty,” and a proper risk management was lacking, the report said about the trading firm, which was known for its close ties – and unrestricted access – to FTX. The report contradicts earlier statements from Sam Bankman-Fried, who has insisted Alameda prospered until the crypto crash started in November of 2021. By that time, Bankman-Fried was already out as CEO of Alameda, and the firm was jointly led by Caroline Ellison and Sam Trabucco until August 2022, and then by Ellison alone. ...

Play to Earn With Calvaria - The Next Big Thing in Crypto Gaming?

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Disclaimer: The Industry Talk section Features insights by crypto industry players and is not a part of the editorial content of Cryptonews.com . Prior to the blockchain era, gamers spent so much time playing franchised games, and the only reward for spending countless hours was the thrill and adventure. However, the blockchain space is quickly introducing a system where players can generate revenue from the games they interact with. Even more interesting is that players own 100% of all in-game assets they generate from playing the game. One such play-to-earn game is the newly released blockchain card game, Calvaria: Duels of Eternity. What Is Calvaria? Calvaria: Duels of Eternity is an online strategy game that allows players to participate in tournaments through cards representing different in-game characters. Each card is a non-fungible token (NFT) with unique abilities and traits.  Players are tasked with assembling the best deck of cards to battle one anot...

Crypto Experts are Stocking Up on These Altcoins Before the New Year – Find Out Why

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On December 26, major cryptocurrencies traded mixed after the global crypto market cap grew marginally by 0.10% to $812.31 billion on the previous day. The entire cryptocurrency market volume in the last 24 hours is $22.98 billion, a 34.28% decline.  The overall volume in DeFi is currently $1.55 billion, accounting for 7.04% of the entire 24-hour volume in the crypto market. The total volume of all stablecoins is now $20.01 billion, accounting for 91.07% of the total 24-hour volume of the crypto market. For weeks, cryptocurrency prices have been stuck in a narrow range, encouraging investors to seek out other assets with higher near-term returns. The largest presales in the market are available to investors early on. FightOut (FGHT) FightOut The FightOut (FGHT) platform works similarly to a personal trainer, except that the FGHT token is proactively paid for exercise time. All activities are recorded and can be used to improve the statistics of one's metaverse a...

Cardano Price Prediction – Can ADA Blast Past $3 Next Year?

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Cardano (ADA) price is holding its last line of defense a week after sliding below its critical support at $0.30. The cryptocurrency market has been deplorable over the last two months, with Sam Bankman-Fried and FTX topping the headlines. Due to the contagion spread from the fall of the FTX exchange, experts predict crypto winter to go well into 2023. However, a steady increase in stablecoin volume, as shared in the latest report from CoinMetrics, shows that there will be enough deployable resources to change the course of the trend once confidence in the crypto sector has been restored. Therefore, a blast in Cardano price to $3 is plausible. Meanwhile, ADA exchanges hands at $0.2578 at the time of writing (Saturday – European session). CoinMarketCap has reported a 38.78% drop in trading volume to $126 million. The smart contracts token ranks ninth in the market, boating $8.89 billion in market cap. Cardano Price Prediction as ADA Sinks Deeper into The Buy Zon...