Author: e_cash_top
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Financial web3 project userbases decline; blockchain gaming has 5x user retention versus web2
[ad_1] Levan Kvirkvelia from on-chain analytics platform Cluster reached out to CryptoSlate to share his findings from analyzing over one hundred “web3 services.” Cluster, which is still in beta, analyzes data from critical blockchain services, including user retention, bot activity, and active user numbers. The platform currently supports Polygon and BNB Chain. The data from…
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US DOJ charges two Chinese agents for bribing FBI agent with BTC
[ad_1] The U.S. Department of Justice (DOJ) has charged two Chinese intelligence agents for allegedly paying $61,000 in Bitcoin to a Federal Bureau of Investigation (FBI) “double” agent. According to the DOJ statement, Chinese agents Guochun He and Zheng Wang agreed to bribe a US government employee to steal some documents that reveal the government’s…
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Japan Credit Bureau to test credit card-based CBDC settlement solutions
[ad_1] Japan Credit Bureau (JCB) said will Oct. 24 that it will commence the JCBDC pilot project to test credit-card-based settlement solutions for central bank digital currencies (CBDC) using its existing credit card infrastructure. JCB has been Japan’s only international credit card payment brand since 1981, with 146.1 million card members as of March 2022.…
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Bitcoin, Gold correlation nears 1 over past year, indicating a bottom
[ad_1] Bitcoin (BTC) adoption has increased, and the largest cryptocurrency has become less risky as its correlation rate with gold reached 85% in the past year, which signals that a BTC price bottom could be near. The correlation of assets measures how one asset moves compared to the other, and it is scored between 1…
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Cathie Wood $100k Bitcoin investment reportedly made over $7M profit
[ad_1] Investment manager and founder of Ark Invest Cathie Wood disclosed that she made a $100,000 investment in Bitcoin (BTC) when it sold for $250 in an Oct. 21 interview on What Bitcoin Did. Wu Blockchain reported that the investment had made over $7 million in profit. According to her, Bitcoin’s market cap was roughly…
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Crypto staking platform Freeway halts withdrawals, FatManTerra alleges Ponzi scheme
[ad_1] Freeway, a crypto-staking platform that touted up to 43% annual rewards, halted withdrawals and deposits on its platform on Oct. 23, citing market volatility. According to the notice posted on its website, the firm has “decided to diversify its asset base” to avoid future market volatility and increase the sustainability of the platform. Notice…
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Microsoft Cloud UAE prepares to offer tools to build the Metaverse
[ad_1] Microsoft Cloud intends to support companies in the metaverse by offering public mixed reality technology integration services, according to a 24. Oct report by Arab News. Ihsan Anabtawi, COO of Microsoft’s UAE branch, revealed multiple products in the works to bring the software giant’s vision of the metaverse to life. Microsoft views the metaverse…
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Bitcoin mining difficulty rises 3.4%, reaching new ATH
[ad_1] Bitcoin (BTC) network’s mining difficulty recorded a new all-time-high (ATH) on Oct. 23 as the difficulty increased by 3.4% to reach 36.84 trillion. At the same time, the Difficulty Ribbon has started to compress, which historically indicates good buying opportunities. Mining difficulty The chart below demonstrates mining difficulty with the orange line. The final…
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Zilliqa’s vision for Web3 gaming prioritizes gameplay – deep dive into roadmap – SlateCast #26
[ad_1] Zilliqa (ZIL) platform is known for its scalability solution called sharding. Sharding refers to dividing the network into several smaller component networks called shards. This allows the platform to process transactions in parallel, which increases the number of transactions it can process. Zilliqa’s Head of Gaming and Technology, Valentin Cabela, talked to CryptoSlate about…
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Mango Markets hacker rugpulls Mango Inu after warning investors would “definitely lose all your money”
[ad_1] The Mango Markets “hacker,” who goes by Avraham Eisenberg, bragged on Twitter about his latest project, Mango Inu, a meme coin based on Eisenberg’s infamous Mango Markets exploit. Eisenberg, however, made it clear on Twitter a couple of days after launching the project that anyone who invested would “definitely lose all your money.” Eisenberg…