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Web3 software developer COZ, known for its innovative work in blockchain and physical asset activation, has once again partnered with international street art festival DENVER WALLS, part of the World Wide Walls series. Announced for the event, which will run from October 3 to October 5, 2024, the collaboration aims to unite the world of blockchain technology with artistic expression in Denver’s RiNo Art District. Featuring 13 murals by renowned national and international artists, the event promises to change the way people engage with, own and share art within their communities. Bridging art and blockchain with non-fungible items The partnership…
Gold has long been considered a safe-haven asset during times of economic uncertainty, but it is gearing up for a digital transformation. The World Gold Council (WGC) is collaborating with Digital Asset and other prominent industry players to enable the use of blockchain technology to tokenize real-world assets (RWA) such as gold, gold coins, and Eurobonds. We have successfully completed a pilot program to demonstrate gender. The initiative aims to improve liquidity, strengthen collateral liquidity, and streamline trading efficiency, offering a glimpse into how traditional assets can be digitized for the financial ecosystem of the future. . The pilot program,…
Axelar, a prominent blockchain interoperability company, has officially launched the Mobius Development Stack (MDS) on mainnet following approval by on-chain governance. As the first comprehensive interoperability platform, MDS provides customizable, self-service integration for on-chain and off-chain systems, opening new possibilities for decentralized applications (dApps). With MDS, we plan to further expand the blockchain landscape and connect layer 1 ecosystems such as Solana, Stellar, Sui, and XRP Ledger through the newly introduced Interchain Amplifier. Axelar’s MDS is positioned to provide a seamless pathway for Web3 developers to efficiently connect all blockchains. The platform enables faster scalability and enhanced user reach, and…
Moonray Studio has announced plans to release a mobile version of its Autobattler game in the first quarter of 2025, expanding the reach of its gaming ecosystem. This new mobile product complements the studio’s existing flagship multiplayer battle arena game, which is already available for download from the Epic Games Store. Mobile Autobattler aims to reach a larger gaming audience and further integrate players into the broader Moonray universe. The new mobile game is designed to use the same digital assets as the PC and console versions, including MNRY tokens, which play a key role in unlocking exclusive content and…
Flair crypto bulls attempted a breakout but faced rejection. Clues from the volume trend point to a sustained uptrend, with a recovery still unlikely. Flair (FLR) has been trading in a range since early August. This range extended from $0.0143 to $0.0167, with the midpoint at $0.0155. This token experienced a significant spike in trading volume on October 2nd. This increase occurred along with a sharp increase in prices. FLR achieved a breakout by surging from the lows of its range on the same day, but has been forced to decline since then. Range breakout firmly ruled out Source: FLR/USDT…
Major cryptocurrencies moved sideways on Thursday as investors awaited the release of key employment data to glean insight on the health of the economy. Cryptocurrency Profit +/- Price (Recorded at 9:30 PM EDT)Bitcoin BTC/USD-0.08%$61,059.00Ethereum ETH/USD -0.72%$2,370.40Dogecoin DOGE/USD +0.30%$0.1065 What happened: Bitcoin was swinging in the $60,000 zone for most of the day before rising above $61,200 in an overnight rally. Ethereum also meandered in the $2,300 area and was unable to break above $2,400. Sentiment has cooled since Iran’s missile attack on Israel on Tuesday, and Bitcoin and Ether have since corrected significantly by 4.5% and 9.11%, respectively. Liquidations continue…
Ethereum (ETH) price has plummeted over the past two days, dropping 12%, erasing gains from the past two weeks. As of October 4, ETH was trading at $2,373, down from nearly $2,700 a few days earlier.This sudden bearish turn has investors and analysts questioning whether Ethereum can regain momentum and rally above the key resistance near $2,800. The second-largest cryptocurrency by market capitalization is currently underperforming the broader crypto market, which has seen a 1.4% increase in market capitalization since September 1.Multiple factors contributing to Ethereum’s declineSeveral factors appear to be contributing to Ethereum’s recent struggles. Disappointing ETF performance: The…
In an August 8 interview, pro-cryptocurrency lawyer James ‘Metaroman’ Murphy predicted that the SEC could target two important rulings: Disgorgement Decision – In a final judgment, Judge Annalisa Torres partially granted the SEC’s request for a civil penalty ordering XRP to pay $125 million. However, Judge Torres rejected the SEC’s $1.1 billion disgorgement request. Murphy previously believed the disgorgement portion of the final ruling would be a blow to the SEC. XRP Programmatic Sales Ruling – In July 2023, Judge Torres ruled that XRP programmatic sales did not meet Step 3 of the Howie test. The SEC filed an interlocutory…
Bitwise’s dual application for XRP ETF and ETP has generated a lot of attention in the cryptocurrency market. Despite negative market sentiment, altcoins have seen an increase in whale activity and a surge in trading volumes. The ongoing legal battle between the SEC and Ripple could impact the future of XRP-based products and the broader cryptocurrency market. Bitwise’s recent XRP ETF filing and subsequent ETP announcement garnered a lot of attention in the cryptocurrency market. Investors are eagerly awaiting the outcome of these ground-breaking moves, as regulatory flexibility may increase and token prices may soar. On September 30th, the prominent…
Traders work on the floor of the New York Stock Exchange during afternoon trading on October 3, 2024 in New York City. Michael M. Santiago | Getty ImagesThis report is from today’s international market newsletter CNBC Daily Open. The CNBC Daily Open provides investors with everything they need to know, no matter where they are. Is it what you see? You can subscribe here.What you need to know todaysluggish marketUS markets were weak on Thursday. The S&P 500 and Dow Jones Industrial Average fell, but the Nasdaq Composite was almost flat. The European Stoxx 600 index fell by 0.93%, with…