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Speaking with Cointelegraph at the Collision Conference, in Toronto, crypto veteran Yat Siu outlined how crypto firms can cope with unique environments, stressing that it is not "as bad as it sounds". The crypto space has been in an uneven state around the world, with Web3 startups flourishing in the Middle East and Asia, while North American crypto entrepreneurs face challenges under tough macroeconomic and regulatory conditions, according to Animoca Brands CEO Yat Siu.  Speaking with Cointelegraph at the Collision Conference, in Toronto, Siu highlighted the main differences between the environment for crypto businesses worldwide, stressing that it is not "as bad as it sounds". According to him, Web3 startups can still raise funding from venture firms, but current conditions like higher interest rates across the globe along with a downturn in crypto assets prices have raised the bar for newcomers. "Valuations have come down, obviously, but the number of bui

French fashion brand Lacoste has announced the expansion of its non-fungible token (NFT) ecosystem by introducing a rewards and co -creation feature for its UNDW3 community. Lacoste made its initial foray into the world of web3 in June 2022 with the launch of the UNDW3 Genesis passes NFT collection, consisting of 11,212 unique tokens. These NFTs served as a gateway for community members to access exclusive limited-edition merchandise and in-person community events, providing an immersive and unique experience. With each NFT initially minted at the cost of 0.08 ETH (approximately $95 at that time), Lacoste’s NFT holders received an additional surprise in September when the brand airdropped crocodile-themed profile pictures (PFPs). Lacoste had already teased that these NFTs would be part of an extraordinary, experiential, and co-creative universe. You might also like: Melania Trump releases NFT collection for foster children As stated in a press release, the recent expan

Bone ShibaSwap (BONE) started the year with a strong step forward, rising almost 135% between January 2 and February 23. The uptick took BONE back to the peak recorded between August and September, around $2.051. As BONE collected sell-side liquidity above this level, Bone ShibaSwap price reversed, indicating traders closing their positions. The ensuing selling pressure sent the altcoin down almost 70% before the $0.685 support level broke the fall. Rising star BONE is now attempting a recovery rally, with industry sleuths anticipating massive price growth. Adding to my BONE holdings today!!#NFT #NFTs #NFTart #NFTartist #Art #Oldhorse #Crypto #Cryptocurrency #Bitcoin #Ethereum #Shiba #Shibarium #Bone pic.twitter.com/bwRv9VMZbS — Old Horse (@old_horse08) June 26, 2023 The expected boom for Bone ShibaSwap price comes amid the Shibarium hype. This powerful Layer-2 (L2) blockchain is a transitional evolution to the Shiba Ecosystem. Bone ShibaSwap Price Could Rally On Shibarium Hype

Dan Gambardello says people are missing what is happening in the Cardano environment. There is a clear distinction between ADA and the growth of DeFi coins in the Cardano ecosystem. Gambardello thinks ADA is performing significantly well, despite current regulatory challenges. According to the leading cryptocurrency analyst, Dan Gambardello, a lot of people do not understand what is happening in the Cardano environment. He views the various narratives connected to the project as evidence that many crypto users are oblivious to the core components of the project. I see a lot of narratives floating around surrounding Cardano, and one thing is evident – a lot of people are missing what is happening within #Cardano right now.$ADAhttps://t.co/RvNiPx0qmx — Dan Gambardello (@cryptorecruitr) June 29, 2023 In a video uploaded to YouTube, Gambardello discussed the distinction between what most crypto users observe with Cardano and the experience of people who are

Get Ready for an Epic July: Bitcoin Bulls Anticipate the Seasonal Rally! Excitement is building as bullish Bitcoin (BTC) investors gear up for the highly anticipated “seasonal surge.” According to a report released by renowned crypto-services provider Matrixport, the world’s largest cryptocurrency, with its impressive market cap, has a historical tendency to rally during the month of July. Brace yourself for an electrifying ride as Bitcoin enthusiasts eagerly await this upcoming surge, poised to propel the digital asset to new heights. Stay ahead of the game and prepare to seize the opportunities that lie ahead in this exhilarating Bitcoin season! According to the report, bitcoin has exhibited a remarkable trend in the month of July over the past decade, with an average growth rate surpassing 11%. Out of every 10 months, 7 have shown positive returns. Notably, July in the last three years has witnessed impressive returns of approximately 27%, 20%, and 24%, respectively

The crypto trader and analyst Dan Gambardello highlighted in a tweet this morning that Cardano (ADA) was able to remain in the top 10 list of the biggest crypto projects despite Robinhood selling off its holdings of the altcoin. In his tweet, he also included his latest technical Analysis for ADA. One of the key things mentioned in Gambardello’s Analysis was that ADA was able to secure a spot in a significant Hong Kong index. Despite this positive development, the altcoin’s price is still at risk of losing the support of the 20-day EMA line, which the analyst stated needs to hold as support for the next few days in order to prevent ADA’s price from dropping significantly. Gambardello did share, however, that he was not confident that the 20-day EMA support will hold in the coming week. Should ADA’s price drop below this level, the analyst predicted that the altcoin’s price may fall to $0.22. On the other hand, if bulls identify ADA’s current level as a buy opportunit

Quivr allows users to connect multiple apps, including Spotify, Steam and Instagram, to generate behavior-based badges proving their interests. A Web3 app launched on June 27 lets users prove their social credibility using blockchain technology, according to an announcement from the app’s development team. Called “Quivr,” it lets users connect apps they regularly use, such as Spotify, Steam, Apple Music and others. Based on their behavior in these apps, Quivr generates blockchain badges that prove their interests or membership within communities, which can then be used as a way of identifying users who have common interests. Quivr has launched on the Apple App Store, with an Android and web version scheduled to be released in about two weeks, developers told Cointelegraph. Over 10,000 users created accounts during the app’s beta period. Quivr app badges. Source: Quivr According to the announcement, Quivr has formed an initial set of partnerships with celebrities and organizations to h

Join Our Telegram channel to stay up to date on breaking news coverage For the most part within the crypto industry, there are two camps when it comes to regulation. There is one camp that shuns any and all forms of it, declaring it as excessive and oppressive. Then, there is the other side: Which simply accepts it as the crypto industry “settling” in the financial world. As the world is slowly accepting and incorporating the crypto industry within the greater financial sector, these two groups are clashing more than ever. Crypto Opening Many Avenues However, the crypto industry is a whole other beast entirely, and it seems that even with the governments of the world taking steps to regulate it, new avenues of anonymous exchange have come forth. A new, up-and-coming anonymous exchange goes by the name of Bisq, and isn’t even a proper exchange: It’s a Bitcoin node. While small-scale compared to giants like Binance and Kraken, Bisq is still processing millions of dollars worth of

Multinational software company SAP is now testing cross-border USDC payment s on Ethereum’s Goerli testnet. The test will be open to any interested businesses globally and has been in the works since the last quarter, Bernhard Schweizer, the chief product expert and project lead of SAP Digital Currency Hub, told Blockworks. Interested participants will receive USDC on the test network that can be used to pay for sample invoices, Schwizer explained.  “As part of the test drive, every registrant receives an owned system and can use test coins on the Goerli testnet to make payments and receive payments to a predefined test business partner,” he said. “The objective of the test drive is to gauge market interest and to collect feedback on the solution.” Existing cross-border payments are slow and expensive, taking up to seven days for the money to be transferred, SAP noted in an earlier blog post. After numerous discussions with small and medium-sized businesses, Schweizer noted that

NEAR Protocol (NEAR), ApeCoin (APE), and PancakeSwap (CAKE) have emerged as the leading gainers among mainstream crypto assets, defying the prevailing market downtrend that has affected tokens like bitcoin (BTC) and ether (ETH). According to data from CoinMarketCap, NEAR currently holds the top spot among the top 100 assets, exhibiting a remarkable 7.5% increase in the past 24 hours, despite the market -wide decline. Top 3 coins – June 26 | Source: CoinMarketCap NEAR experienced a minor setback yesterday, with a 0.85% drop. However, bullish support quickly emerged, enabling the asset to rebound from the slump. Consequently, NEAR has surged by over 11% today and is presently valued at $1.57. You might also like: High exchange inflow shows correction possibility for bitcoin Securing the second position on the list of top gainers is ApeCoin (APE), which has witnessed a significant surge of 5.14% within the past 24 hours. At the time of reporting, APE is trading at $2.41. AP

Binance is exiting the Netherlands as it encountered challenges in registering as a virtual asset service provider in certain EU countries. Despite efforts to comply with regulators and cater to Dutch clients, the crypto exchange couldn’t secure registration, a spokesperson told Blockworks. Netherlands-based customers received an email on Friday stating that crypto deposits would be disabled starting next month. They were also advised against sending any cryptocurrencies to previously saved addresses. NFT trade and NFT staking will be blocked from Jul. 12. Dutch users will only have the option to withdraw assets from the Binance platform after Jul. 17. Purchases, trades, and deposits will no longer be available, while open positions for various Binance products will be closed. A Binance spokesperson said the recent development signifies that starting today, no new users residing in the Netherlands will be accepted, and added that the exchange will continue to work towards obtainin

Robert F. Kennedy, Jr., told a stage Friday at Bitcoin Miami that his presidential campaign would accept bitcoin donations to cheers and whistles. Novel announcement right? Not really. Dozens of politicians, political action committees, and party organizations have already accepted bitcoin (BTC) and crypto as legitimate forms of donations. Not all lawmakers are hostile toward digital assets like Senators Elizabeth Warren, D-Mass., and Roger Marshall, R-Kan., who recently had to push back the introduction of their crypto anti-money laundering bill due to lack of support, according to insiders.  Even past presidential contenders have accepted bitcoin, though Kennedy made the distinction that his campaign will be the first to use the Lightning Network.  Senator Rand Paul, R-Ky., allowed people to donate to him in bitcoin for his 2016 presidential campaign, a move The New York Times deemed “secretive” at the time.  “Presidential fund-raising, never known for its transparency, may have

Join Our Telegram channel to stay up to date on breaking news coverage Creditors of the bankrupt crypto lending firm Celsius Network recently amended their lawsuit to accuse Wintermute, a major crypto market maker, of participating in a wash trading scheme. The allegations claim that Wintermute colluded with Celsius executives to manipulate the price of CEL tokens through improper market trading, ultimately defrauding investors. Wash Trading Allegations According to a June 23 Bloomberg report, which cited a recent court filing, Celsius creditors have recently amended their lawsuit in the United States District Court of New Jersey, which allege that Celsius executives engaged Wintermute in wash trading. The complaint suggests that Wintermute was complicit in enabling a wash trading scheme orchestrated by Celsius executives, including the CEO, Alex Mashinsky. Wash trading is a manipulative practice that artificially inflates trading volumes to create a false impression of ma

The US Securities and Exchange Commission (SEC) has approved its first leveraged Bitcoin Futures ETF. Moreover, the Volatility Shares’ offering is now the first ETF of its kind to be available in the United States, and it is set to begin trading on Tuesday, according to a Coindesk report. The registered futures ETF comes as a result of similar developments that have taken place in the sector. Specifically, BlackRock has set in motion a plan for Bitcoin Spot ETFs. Conversely, the Volaitlty Shares futures ETF has seen approval, and it is primed to go live in the next week.  JUST IN: SEC approves first leveraged #Bitcoin futures ETF. — Watcher.Guru (@WatcherGuru) June 23, 2023 SEc Approves Bitcoin Futures ETF The cryptocurrency sector in the United States has seen its fair share of concern in recent weeks. The SEC has firmly embraced enforcement against two of the largest cryptocurrency exchanges in the market, Coinbase and Binance. However, they have now green-lit the arrival of a new c

CryptoDep revealed the DeFi projects with the highest development activity in the last month. OSMO, UNI, KNC, DFI, and INJ were included in the analytics platform’s list. Meanwhile, KAVA, 1INCH, POSI, DYP, and ORN also printed high levels of development activity. A crypto analytics platform CryptoDep shared the top Decentralized Finance (DeFi) projects by developer activity in a tweet yesterday. According to the post, Osmosis (OSMO) posted the most development activity in the past 30 days, while Uniswap (UNI) and Kyber Network (KNC) occupied the second and third positions on the list respectively. ️Top #DeFi Projects by Developer Activity 22 June 2023 Let's take a look at the list of DeFi projects with the highest developer activity score in the last 30 days, data taken from @Santimentfeed.$OSMO $UNI #Uniswap $KNC $DFI $INJ #Injective $KAVA #1INCH $POSI $DYP $ORN pic.twitter.com/9ON3geiVdy — CryptoDep #StandWithUkraine (@Crypto_Dep) June 22, 2023

Join Our Telegram channel to stay up to date on breaking news coverage The new form of non-fungible tokens hosted on Ethereum, the second-largest blockchain network after Bitcoin, called “Ethscriptions,” continues to make waves in the NFT market. Ethscriptions mirror the popular Bitcoin NFTs, distinguished as Ordinals in the NFT market. Ethscriptions Make New Wave In The NFT Market Launched on June 17, Ethscriptions is a new type of NFT protocol discovered by music website Genius.com co-creator “Tom Lehman,” also known as Middlemarch on Twitter. Inspired by Bitcoin Ordinals inscriptions, Ethscriptions offer a new way of minting NFTs on Ethereum. Let’s take a moment to appreciate that after 6 years of stagnation on Bitcoin where other chains did all of the innovation, Ethereum is now copying the innovation happening on Bitcoin. Bitcoin is back. pic.twitter.com/6CmzEB6xuB — Leonidas.og (@LeonidasNFT) June 18, 2023 Ethscriptions digital assets utilize Ethereum “calldata,” th

The Bluelight.inc team has announced the completion of the Private Alpha Testing phase, which involved thorough testing and bug hunting. This marks a significant milestone as the Open Alpha version is now readily available for everyone to sign up and play the game. Let’s quickly review what was completed and updated for the open alpha launch.  Completed milestones So far, the Bluelight.inc team has: Completed testing of the Closed Alpha version successfully. Numerous gamers submitted applications to try the game and report any issues. Enhanced game mechanics to optimize task completion in the Collectible Card mode. Created the idea for the in-game application of mascots (Dealan’s Dream Team) that will show up in the Tycoon mode to assign tasks to players, give bonuses, and help them progress through the game.  Now, let’s move on to the upgrades in the Open Alpha. You might also like: Meet Bluelight.inc mascots  Home page and the sign-up process The Bluelight.inc we

Following a downturn that compounded investor angst, the broader crypto market has embarked on a recovery campaign, with bitcoin cash (BCH) leading the charge. This recovery is geared towards reclaiming the losses of the past week. Notably, the global crypto market capitalization has surged by a massive 5.76% in the past 24 hours. Consequently, the market valuation currently stands at $1.13 trillion, its highest value in two weeks. The impressive gains from bitcoin (BTC) and most altcoins have catalyzed this rapid surge. You might also like: Bitcoin approaches $29k as long-term HODLers reach new ATH Interestingly, almost all the top 100 crypto assets are seeing observable gains over the last 24 hours. The only top 100 assets exempt from this market -wide rally are quant (QNT), pax gold (PAXG) and tether gold (XAUT).  Meanwhile, among the top 20 assets by market cap, litecoin (LTC) is experiencing the largest percentage gain, with a 9% increase in the past 24 hours. Bitco