Ethereum News Official TheBitTimes.com

Developers will get a 15% cut of the fees they generate, but only if their app has done more than 125,000 transactions and has existed for three months. A new program from the Fantom Opera network (FTM) team will pay developers for the gas fees they generate from users, according to a May 31 announcement. Specifically, the “Gas Monetization Program” will pay eligible developers 15% of the total gas fees their apps generate . Gas Monetization on #Fantom is live! The program provides dApps with a sustainable income by offering them a 15% share of the gas fees they generate . Over 12,000 $FTM has been distributed thus far https://t.co/BqpuKtrZh0 — Fantom Foundation (@FantomFDN) May 31, 2023 Six Web3 apps have already been approved for the program, including ParaSwap, Beethoven X, Stargate, LayerZero, WOOFi, and SpookySwap. These apps have generate d over 12,000 FTM (worth approximately $3,715) of rewards already, the announcement stated. The program was inspired by the “Web2 ad...

AFKDAO Collaboration with War Legends, to redefine the gaming landscape and revolutionize play-to-earn gaming! The partnership between AFKDAO and War Legends opens up exciting avenues for players to earn real-world value from their in-game activities. By participating in War Legends, players can not only enjoy the engaging military MOBA gameplay but also earn valuable rewards through the play-to-earn mechanisms facilitated by AFKDAO. This integration paves the way for a sustainable ecosystem where players’ skills and dedication are duly rewarded. As AFKDAO announced their Collaboration with War Legends. ­ About War Legends War Legends is a military-themed MOBA game developed on the Polygon Blockchain, it offers Play-and-Earn elements and a non-fungible token (NFT) driven economy. The game takes place in a world where WW2 never ended and new impressive weapons and defenses were invented. Join the battle and lead your team to victory using the millions of tank builds and team combination...

May 30, 2023 at 13:01 // Price Author Coin Idol Polygon (MATIC) price has risen above the 21-day line SMA but is currently below the 50-day line SMA, indicating a bearish correction. Polygon price long-term forecast: bearish If buyers manage to keep the price above the moving average lines or the $1.20 level, the current downturn would be over. The cryptocurrency will continue to rise until it reaches its previous high of $1.50. In the meantime, the price of MATIC is at $0.91. The cryptocurrency has been trapped inside the moving average lines since May 2...

Join Our Telegram channel to stay up to date on breaking news coverage The non-fungible token lending market continues to grow, attracting various digital asset marketplaces. Magic Eden is the latest non-fungible token market platform to enter the NFT lending market indirectly. The NFT marketplace has partnered with Robox for the new development. Magic Eden and Robox Join To Offer NFT Loans In a May 30 blog post, Robox, a crypto startup providing non-fungible token traders and collectors with leveraged trading without compromising collectability, confirmed partnering with Magic Eden to launch a new lending feature. We’re happy to announce that Robox users can now buy NFTs listed on @MagicEden for only 30% of the price! They can also list and instantly sell their NFT collateral through ME! How does it work? Let’s dive in (1/8) pic.twitter.com/UAiP50fuNm — Robox: NFT leveraged trading – Solana Grizzlython (@Robox_Fi) May 29, 2023 Launched in Septembe...

May 29, 2023 at 06:56 // Price Author Coin Idol Bitcoin (BTC) price is crossing the moving average lines as it is rising. However, the rising trend was stopped by the 50-day line SMA. In other words, Bitcoin is trapped by the moving average lines. Bitcoin price long-term forecast: bullish The price of one bitcoin is currently $28,028. The price of BTC rose to a high of $28,452 yesterday before falling. Buyers have failed to keep the price above the moving average lines or the $28,000 resistance level. When the moving average lines are broken, the largest ...

Also Read: Ripple Lawsuit Proves Free Market Doesn’t Exist: XRP Lawyer advertisement The Summary Judgement in the lawsuit could be delivered at any time by Judge Analisa Torres, who is overseeing the case. On the flip side, the timeline for the judgment could be dragged as far as the end of the year 2023. XRP Acceptance After Lawsuit Judgment John Deaton, the attorney representing XRP token holders in the lawsuit, reiterated his argument about the damage to Ripple due to the legal concerns. He also cited an example of Rendimento bank not using XRP due to regulatory reasons, despite the bank being the first to use Ripple ’s blockchain payments. “People grossly underestimate the damage the lawsuit has caused Ripple and XRP. People cite Ripple’s growth outside the U.S. but the U.S. market is very important. Ripple isn’t even offering XRP for its own Liquidity Hub platform!” Recommended Articles ...

The former director of prominent South Korean crypto exchange Coinone has admitted to “the facts” of the charges that prosecutors outlined in South Korean court on Thursday, in a high-profile case involving the arrest of four executives accused of taking hefty bribes for token listings. Coinone ’s former director of listing, Mr. Jeon, has been accused of accepting over 2 billion won ($1.5 million) to list questionable tokens — such as exclusively listed ‘Furiever Coin,’ a cryptocurrency project linked to a kidnapping and murder investigation in Seoul’s Gangnam district. Prosecutors believe Jeon’s broker, a “Mr. Ko,” arranged the deals. On Thursday, a lawyer representing them both told the court, “I admit the facts of the prosecution” in Mr. Jeon’s case. “Basically, we are acknowledging the facts of the prosecution, but since we have not been able to view all the evidence, we will present a final opinion after review,” the lawyer said. Coinone trial b...

Coinbase’s chief legal officer (CLO), Paul Grewal, recently drew attention to the United States Securities and Exchange Commission’s (SEC) modified disclaimer language in response to a discovery dispute with Ripple Labs. Grewal expressed curiosity about the relationship between avoiding discovery and the absence of a clear agency position, decision, or policy. Grewal’s comments were prompted by law professor Ben Edwards, who highlighted the SEC’s recent alteration. A key insight from Professor @BenPEdwards. But I wonder: how can statements "relate to some form of agency position, decision, or policy" when it comes to avoiding discovery, but NOT relate to whether an agency has a taken a position, made a decision, or adopted a policy at all? https://t.co/jAihqnTHdx — paulgrewal.eth (@iampaulgrewal) May 26, 2023 However, with the recent update to the disclaimer language, the law professor believes it now becomes easier to establish a connection...

A cryptocurrency analyst identifying as CryptoFaibik on Twitter has mentioned SAND, AXS, ENJ, and MANA as the metaverse coins that look promising for June and July. CryptoFaibik explained his position using chart screenshots of each token with some graphical Analysis . https://twitter.com/CryptoFaibik/status/1661608943104458752</ Using a three-day SAND/USDT chart from Binance, CryptoFaibik revealed that SAND has been on a downward diagonal channel since November 2021. Since then, the price fell from $8.5 and has been in a steady fall, with intermittent pullbacks until its current price of $0.5. In the process, SAND lost about 94% of its value. CryptoFaibik thinks that SAND’s fortune is about to change. He predicts a breakout to the upside that would see SAND rally toward the $2.2 price region. CryptoFaibik predicts a similar trend evolution for AXS, which has displayed the same pattern with SAND over the same period. AXS dropped from $171.85 to $6.9 in a similar...

Join Our Telegram channel to stay up to date on breaking news coverage The Neo price prediction is changing hands at $10.42 above the 9-day and 21-day moving averages after touching the daily high at $10.75. Neo Price Statistics Data: Neo price now – $10.42 Neo market cap – $719.6 million Neo circulating supply – 70.5 million Neo total supply – 100 million Neo Coinmarketcap ranking – #59 NEO/USD Market Key Levels: Resistance levels: $14.0, $15.0, $16.0 Support levels: $7.0, $6.0, $5.0 NEOUSD – Daily Chart NEO/USD is at the time of writing trading at $10.42. The coin is also moving within the channel and above the 9-day and 21-day moving averages, indicating a bearish movement in the market. For the time being, the market price is moving toward the upper boundary of the channel as the trading volume has been issuing buy signals. Neo Price Prediction: NEO Price May Hit the Higher Levels The Neo price may remain above the moving av...

Terra Classic L1TF To Work With USTC Team Joint L1 Task Force project manager  LuncBurnArmy on May 23 submitted a proposal seeking authorization from the Terra Classic community to work on USTC repeg. Notably, LITF will work with the USTC repeg team after completing the CosmWasm v1.1.0 parity upgrade and implementing the 5% minimum commission for validators. advertisement L1TF proposes to use its Q2 budget to set up a USTC test environment. RedlineDrifter, who is leading the USTC repeg, earlier shared concerns of some crypto exchanges regarding proper infrastructure support. There are efforts to work with the L1 team and TGF to get a list of the CEX concerns and address them. According to the proposal, the team will identify capital controls that could have prevented the “death spiral” following the USTC depeg. In fact, the USTC repeg is part of core developer Edward Kim’s Terra Classic Revival Roadmap. The joint team will create a simula...

Join Our Telegram channel to stay up to date on breaking news coverage In a recent Analysis conducted by TRM Labs, a blockchain intelligence company, it was discovered that hackers successfully siphoned off around $400 million from multiple cryptocurrency initiatives during the first quarter of 2023, comprising a series of 40 targeted hacks. Impressively, this total represents a substantial 70% decline when compared to the corresponding period in the previous year. TRM Labs Report Unveils Cryptocurrency Hacks Decrease by 70% in Q1 2023 TRM Labs has also revealed in its latest report  that the average size of these hacking incidents has decreased over time. In 2022, the average amount stolen during such attacks amounted to $30 million, whereas in the corresponding period of 2023, it decreased to $10.5 million. Interestingly, hackers have been increasingly returning the money they pilfered, opting for a “white hat” reward from the projects they targeted. TRM ...