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By this point, DraftKings was rolling in MATIC rewards. In eight months, the validator's token stake had grown 120% to 5,578,691 MATIC ($6.3 million at the time). No other Polygon validator had earned that much for itself over that time. Then again, none of the other validators had been charging
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More than three-quarters of all blockchain games launched in the last five years are dead in the water, according to a recent study from CoinGecko.Out of 2,817 games launched between 2018 and 2023, which were included in the study, only 690 of them still have a somewhat active player base.
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Bitcoin recently gave a bearish signal, which ultimately failed to produce a meaningful pullback. Due to the technical failure, historical data suggests that
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The Texas State Securities Board has accused a network of companies under the "GS" brand and operating from Germany of fraudulent activities "tied to digital assets, investments in a staking pool in a proprietary metaverse." The network of companies is controlled by Josip Dortmund Heit.As described by regulators on November
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Bitcoin (BTC) recently surged above $37,000 between Nov. 10 and 12, only to falter and undergo a correction toward $35,000 on Nov. 13. This abrupt movement triggered the liquidation of $121 million worth of long futures contracts, and while Bitcoin’s price stabilized around $35,800 on Nov. 14, investors are left
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The metaverse may no longer have mainstream appeal to some global tech leaders compared to two years ago. However, weaknesses in the testing of the various investments and initiatives in the emerging technology may have resulted in some of them failing.On the sidelines of the recent Cardano Summit in Dubai,
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Ethereum price is trading at roughly $1,550 after failing to get back above $2,000 throughout the entirety of 2023 thus far. Increasingly
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A high-profile failure in crypto’s burgeoning “real-world assets” niche may take an upward turn. Source
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Bitcoin mining firm Marathon Digital has confirmed it mined an invalid Bitcoin (BTC) block during an “experiment” aimed at optimizing the firm’s operations.In a Sept. 27 post, Marathon said it utilizes a small percentage of the firm’s hashrate toward these experiments and stressed they weren’t trying to alter the network in
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Daily transactions, daily active addresses and total value locked on the blockchain have all fallen since the upgrade, the report said. Source
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