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0 CommentsDespite lingering resistance from some gamers over “tokenomics,” gaming studios will most likely continue to use airdrops and other incentives to attract players, according to industry executives. “It’s a very easy way to get market share, said Kieran Warwick, founder of gaming studio Illuvium in an interview with Cointelegraph. However, games that fail to deliver…
As the Bitcoin halving marked another major milestone in the crypto space, leaders in the crypto community shared different perspectives on how the event would affect the different areas of crypto. On April 20, the Bitcoin network successfully went through the fourth halving event after the 840,000th block was mined. The occasion reduced mining rewards from 6.25…
$60 million worth of Tether has already been issued on The Open Network (TON) since it began supporting the blockchain on April 19, making it the 11th-largest blockchain for Tether out of 16. On April 19, the stablecoin issuer announced a collaboration with the TON Foundation at the Token2049 crypto conference in Dubai that would see Tether begin to…
Base creator Jesse Pollak believes memes will be key to onboarding millions of users to his Coinbase-adjacent layer-2 network, which has already tripled in total value locked (TVL) since March. During a memecoin hackathon in New York on April 20, Pollak said memes are an important part of the on-chain economy, adding that he is…
Bitcoin recovered sharply from the intra-week lows and is likely to close the halving week with a minor loss of roughly 1%. According to Farside Investors data, the spot Bitcoin exchange-traded funds witnessed an inflow of $30.4 million a day before the halving, halting the five successive days of outflows. The Grayscale Bitcoin Trust (GBTC) has seen the…
The fourth-ever Bitcoin halving occurred a few hours ago at the 840,000th block. The halving is considered the most important economic mechanism influencing Bitcoin supply and creating scarcity for the asset. The Bitcoin network’s fourth halving event, reduced block issuance rewards from 6.25 BTC to 3.125 BTC per mined block, effectively slashing Bitcoin’s issuance rate in…
