Axie Infinity(AXS)

The convergence of gaming, gambling, and blockchain technology has given rise to a fascinating phenomenon: Play-to-Earn and Gambling projects, which are changing the face of digital entertainment and financial innovation. This fusion not only promises a new way to interact with games but also presents participants with ground-breaking potential to gain tangible benefits from their participation. Multiple initiatives that welcome both skilled players and risk-takers have emerged as a result of the draw of earning while playing and the excitement of gambling. In this article, we set out on a trip to discover the terrain dynamics where entertainment and money meet by carefully evaluating various projects, their underlying technology, and the unique perks they bring. Top Play-to-Earn and Betting Projects Dexsport Dexsport is an ultra-modern Web 3 cryptocurrency betting platform. The platform runs on BNB, Polygon, OKC, Avalanche, Arbitrium, and ETH blockchains, offering a secure and transparent betting process. Dexsport is designed to provide you with a secure and transparent environment for your gambling adventures. Powered by blockchain technology, Dexsport ensures that your transactions are fast, reliable, and anonymous, giving you peace of mind while you explore our wide range of crypto betting. Whether you're a seasoned gambler or new to the world of crypto gambling or crypto betting, Dexsport caters to players of all levels and also offers the best odds for its users. Last Chance Last Chance is a new-level hardcore isometric P2E shooter that invites you to become one of the special agents within an organization dedicated to combating the world's dangers and protecting new technology. In addition to being an addictive game, Last Chance can be played and earned. The added element of uncertainty makes Last Chance even more exciting as you can choose your strategy and become the leader! Within the game, you'll encounter two distinct categories of NFTs: heroes and weapons. Various NFT weapons and your character's unique abilities will allow you to effectively fight multiple enemies and emerge victorious from the most thrilling firefights. Exchange your NFTs, collect, upgrade, and trade them with your friends. Bspin.io In the fast-paced world of online iGaming, Bspin.io stands out as a trusted Bitcoin casino. The platform offers a diverse selection of casino games, from slots to table classics, all meticulously designed to provide endless hours of high-quality entertainment. What truly sets Bspin.io apart is its unwavering commitment to enhancing the user experience. Through innovative features like tournaments, loyalty programs, and exclusive promotions, the platform keeps players engaged and rewarded. With a strong focus on secure and transparent Bitcoin transactions, Bspin.io has established itself as a leader in the iGaming industry. Available in multiple languages, it is the ultimate destination for those seeking an elevated online iGaming experience. Flush Flush, a distinctive brand associated with King of Clubz B.V., licensed in Curaçao, distinguishes itself through a series of Unique Selling Points (USPs). Customers benefit from the convenience of instant deposits and withdrawals, along with the ability to directly purchase cryptocurrencies using credit/debit cards or platforms like Apple Pay and Google Pay. Notably, the platform does not require Know Your Customer (KYC) verification. Offerings from 35 top-tier game providers enrich the gaming experience. Flush presents an enticing bonus structure: a 100% bonus is granted for deposits ranging from $10 to $200, subject to a 30x wagering requirement, while a 150% bonus is extended for deposits ranging from $200 to $1000, with a 35x wagering requirement. The company often highlights a maximum bonus potential of up to $1500. In response to the demands of cryptocurrency enthusiasts, Flush has taken significant strides. The integration of stablecoins allows users to engage in gameplay without being subjected to market fluctuations. Additionally, Flush has expanded its compatibility by incorporating the Polygon network and the Binance Smart Chain (BSC). BTC Battles BTC Battles introduces a revolutionary social game, BTC Battles, on the Polygon network, fusing DeFi, Bitcoin, and prediction dynamics. This decentralized gaming experience eliminates reliance on centralized platforms, offering transparency and autonomy to participants. The game's premise is simple: Players predict the short-term Bitcoin price direction, and accurate predictions earn $MATIC-based rewards, freeing users from centralized corporations' constraints. In a swift 60-second timeframe, players forecast whether Bitcoin's price will rise or fall. Successful predictions yield $MATIC rewards based on predefined odds. Leveraging the Polygon network ensures transactions are conducted in $MATIC, amplifying the decentralization aspect. This game caters to crypto enthusiasts and decentralization proponents seeking engagement with DeFi ecosystems independent of centralized entities, making it an engaging and empowering experience. Iskra Iskra (ISK-USD) is a gaming platform that aims to become a hub for Web3 games, similar to platforms like Steam or the Epic Games launcher, but for blockchain-based games. This innovative concept has the potential for significant growth, paralleling the success of tokens like Axie Infinity (AXS-USD) and Illuvium (ILV-USD), despite the latter two offering only a single game. The recent downturn in the cryptocurrency market also presents an investment opportunity for emerging projects. Anticipating the resurgence of cryptocurrencies, the popularity of play-to-earn games is expected to rise due to enhanced rewards. The ISK token's potential for substantial gains is tied to successful game development and marketing, positioning it as a highly promising cryptocurrency. An upcoming event, the Iskra X Base Exclusive Clashmon Free Mint Airdrop, is set to take place. Also, Iskra offers an exclusive Mystery Box Free Mint event, ending on 2/9/2023, marked by the launch of ClashMon: Ignition. Additionally, Iskra is focusing on promoting Clashmon by highlighting its betting system for battles, where players can wager their "torch" and secure victory over opponents. 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Trust in Online Casinos Australia as the steadfast companion in navigating the realm of online gaming, ushering players toward rewarding and enjoyable experiences. Disclaimer: This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice.

Cryptocurrency exchange Bitstamp announced it would end Ethereum (ETH) staking services to its US customers as of September 25. The exchange cited the US regulatory environment as a deciding factor. The Luxembourg-based cryptocurrency exchange Bitstamp announced it would end ETH staking services to its US customers on September 25. The exchange told Blockworks it would shutter staking services due to the US regulatory environment. Bitstamp Cites Uncertain US Regulatory Environment In a statement, Bitstamp US CEO Bobby Zagotta said: “As a result, US customers will stop receiving staking rewards. All other Bitstamp services will remain unaffected.” He continued to say, “Customers will continue earning staking rewards up until September 25, 2023, and after that, all staked assets will be unstaked. Rewards, along with the principal, will be credited to users’ main Bitstamp account balances. Typically, this process takes a few days but could be extended depending on network conditions.” Zagotta explained the uncertain regulatory environment in the US motivated the exchange’s decision to discontinue staking services. He noted that “as one of the most regulated and trusted exchanges in the world, we have a comprehensive framework in place to continuously evaluate the services we support, taking into account the evolving regulatory environment in all jurisdictions in which we operate.” Further stating: “Considering current regulatory dynamics in the US, we’ve made the decision to discontinue staking for customers residing in the United States.” Staking Controversy Continues Staking services in the US have been a topic of considerable controversy recently. The US Securities and Exchange (SEC) came down on Kraken in February when it alleged the exchange failed to register its staking service as an unregistered offering. The SEC argued Kraken’s staking program was an unlawful offer and sale of securities. In a settlement, Kraken agreed to shutter its staking program. The securities agency famously sued Coinbase in June, alleging it offered and sold unregistered securities through its staking service. Under intensified pressure from the SEC, Bitstamp recently announced that it would suspend trading for several cryptocurrencies that the SEC identified as securities in its lawsuit against Coinbase and Binance. Bitstamp said: “Update for our US users Starting August 29: AXS, CHZ, MANA, MATIC, NEAR, SAND, and SOL trading will be halted after evaluating recent market developments. Execute any open trades. Holding and withdrawing tokens afterwards will be unaffected.” Disclaimer: This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice.

Cryptocurrency exchange Bitstamp announced it would end Ethereum (ETH) staking services to its US customers as of September 25. The exchange cited the US regulatory environment as a deciding factor. The Luxembourg-based cryptocurrency exchange Bitstamp announced it would end ETH staking services to its US customers on September 25. The exchange told Blockworks it would shutter staking services due to the US regulatory environment. Bitstamp Cites Uncertain US Regulatory Environment In a statement, Bitstamp US CEO Bobby Zagotta said: “As a result, US customers will stop receiving staking rewards. All other Bitstamp services will remain unaffected.” He continued to say, “Customers will continue earning staking rewards up until September 25, 2023, and after that, all staked assets will be unstaked. Rewards, along with the principal, will be credited to users’ main Bitstamp account balances. Typically, this process takes a few days but could be extended depending on network conditions.” Zagotta explained the uncertain regulatory environment in the US motivated the exchange’s decision to discontinue staking services. He noted that “as one of the most regulated and trusted exchanges in the world, we have a comprehensive framework in place to continuously evaluate the services we support, taking into account the evolving regulatory environment in all jurisdictions in which we operate.” Further stating: “Considering current regulatory dynamics in the US, we’ve made the decision to discontinue staking for customers residing in the United States.” Staking Controversy Continues Staking services in the US have been a topic of considerable controversy recently. The US Securities and Exchange (SEC) came down on Kraken in February when it alleged the exchange failed to register its staking service as an unregistered offering. The SEC argued Kraken’s staking program was an unlawful offer and sale of securities. In a settlement, Kraken agreed to shutter its staking program. The securities agency famously sued Coinbase in June, alleging it offered and sold unregistered securities through its staking service. Under intensified pressure from the SEC, Bitstamp recently announced that it would suspend trading for several cryptocurrencies that the SEC identified as securities in its lawsuit against Coinbase and Binance. Bitstamp said: “Update for our US users Starting August 29: AXS, CHZ, MANA, MATIC, NEAR, SAND, and SOL trading will be halted after evaluating recent market developments. Execute any open trades. Holding and withdrawing tokens afterwards will be unaffected.” Disclaimer: This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice.

Playing crypto games can be riskier than investing in cryptocurrencies, according to the Filipino ACG, considering the ease with which gamers can lose their digital tokens and NFTs.

Amidst an ongoing downtrend, Neo (NEO) and Axie Infinity (AXS) continue to engage in developmental activities to improve their price performances. Likewise, VC Spectra (SPCT) has been maintaining an impressive presale performance proving its high potential to investors. The token has started yielding profits despite still being in presale. As a result, VC Spectra (SPCT) […]

Beyond traditional financial assets, the cryptocurrency world has now branched out to include the gaming industry. Gaming tokens, referred to as "play-to-earn" tokens, have drawn a lot of attention since they combine investment and enjoyment. This article examines three gaming tokens that have the potential to add value to your cryptocurrency portfolio: Axie Infinity (AXS), Gala Games (GALA), and Pomerdoge (POMD). Click Here To Find Out More About The Pomerdoge (POMD) Presale Axie Infinity (AXS): Pioneering NFT Gaming Revolution Starting off, Axie Infinity (AXS) has gained notoriety for its brilliant fusion of blockchain and NFT technologies. At its foundation, the game gives players the ability to gather, raise, and fight against fantastical beings known as "Axies." Additionally, these Axies have been painstakingly tokenized as NFTs, giving them inherent valuethat players may trade and sell with ease. This idea is supported by the ground-breaking play-to-earn paradigm. This enables users to make money by actively engaging in battles and quests. As a result, it leads to a ground-breaking fusion of gaming and investment. Furthermore, Axie Infinity's value has dramatically increased, drawing in both investors and gamers. As a result, Axie Infinity offers an enticing opportunity for diversifying your cryptocurrency portfolio due to its strong potential for future expansion and integration. Gala Games (GALA)- Empowering Game Development Democracy By introducing player and creator empowerment, the creative force known as Gala Games (GALA) is unwaveringly committed to reshaping the game business landscape. Gala Games expands a platform where users can intricately participate in creating and owning games thanks to blockchain technology. Consequently, the GALA token is the key to this dynamic since it allows for easy transactions and interactions between players and creators. Moreover, Gala Games stands out for its unwavering dedication to decentralization and community involvement. Thereby, giving developers the power to maintain creative liberty and ownership of their video game creations. Because of Gala Games' unusual commitment to user-centricity, it stands out in a sea of gaming tokens. As a result, it is enticing to both gamers and astute investors. Pomerdoge (POMD) To Surpass Axie Infinity and Gala Games As Axie Infinity and Gala Games are stagnating, Pomerdoge is expected to increase 10x in the next month, according to analysts. The complex environment that Pomerdoge is creating will house NFTs, POMD tokens, a marketplace and an exciting play-to-earn (P2E) gaming platform. Therefore, these components combine to provide an engaging and satisfying experience that draws crypto aficionados from all over the world. Players from all over the world will be able to compete and converse on the P2E game's platform. As a result, the Pomerdoge P2E game merges enjoyment and earning potential by giving players the chance to earn prizes while having fun. Pomerdoge is creating Pomerplace, an in-game marketplace that lets players earn incentives by purchasing, reselling, and exchanging items. This thriving ecosystem revolves around the Pomerdoge meme coin, or POMD. This utility token makes all platform transactions possible. Subsequently it also gives owners real utility and the chance to earn rewards through staking. Meanwhile, POMD tokens are selling for just $0.008 during the first stage of the presale. You now have the chance to integrate into this thriving ecosystem. Find out more about the Pomerdoge (POMD) Presale Today Website: https://pomerdoge.com/ Telegram Community: https://t.me/pomerdoge Disclaimer: This is a sponsored press release and is for informational purposes only. It does not reflect the views of Crypto Daily, nor is it intended to be used as legal, tax, investment, or financial advice.

Beyond traditional financial assets, the cryptocurrency world has now branched out to include the gaming industry. Gaming tokens, referred to as "play-to-earn" tokens, have drawn a lot of attention since they combine investment and enjoyment. This article examines three gaming tokens that have the potential to add value to your cryptocurrency portfolio: Axie Infinity (AXS), Gala Games (GALA), and Pomerdoge (POMD). Click Here To Find Out More About The Pomerdoge (POMD) Presale Axie Infinity (AXS): Pioneering NFT Gaming Revolution Starting off, Axie Infinity (AXS) has gained notoriety for its brilliant fusion of blockchain and NFT technologies. At its foundation, the game gives players the ability to gather, raise, and fight against fantastical beings known as "Axies." Additionally, these Axies have been painstakingly tokenized as NFTs, giving them inherent valuethat players may trade and sell with ease. This idea is supported by the ground-breaking play-to-earn paradigm. This enables users to make money by actively engaging in battles and quests. As a result, it leads to a ground-breaking fusion of gaming and investment. Furthermore, Axie Infinity's value has dramatically increased, drawing in both investors and gamers. As a result, Axie Infinity offers an enticing opportunity for diversifying your cryptocurrency portfolio due to its strong potential for future expansion and integration. Gala Games (GALA)- Empowering Game Development Democracy By introducing player and creator empowerment, the creative force known as Gala Games (GALA) is unwaveringly committed to reshaping the game business landscape. Gala Games expands a platform where users can intricately participate in creating and owning games thanks to blockchain technology. Consequently, the GALA token is the key to this dynamic since it allows for easy transactions and interactions between players and creators. Moreover, Gala Games stands out for its unwavering dedication to decentralization and community involvement. Thereby, giving developers the power to maintain creative liberty and ownership of their video game creations. Because of Gala Games' unusual commitment to user-centricity, it stands out in a sea of gaming tokens. As a result, it is enticing to both gamers and astute investors. Pomerdoge (POMD) To Surpass Axie Infinity and Gala Games As Axie Infinity and Gala Games are stagnating, Pomerdoge is expected to increase 10x in the next month, according to analysts. The complex environment that Pomerdoge is creating will house NFTs, POMD tokens, a marketplace and an exciting play-to-earn (P2E) gaming platform. Therefore, these components combine to provide an engaging and satisfying experience that draws crypto aficionados from all over the world. Players from all over the world will be able to compete and converse on the P2E game's platform. As a result, the Pomerdoge P2E game merges enjoyment and earning potential by giving players the chance to earn prizes while having fun. Pomerdoge is creating Pomerplace, an in-game marketplace that lets players earn incentives by purchasing, reselling, and exchanging items. This thriving ecosystem revolves around the Pomerdoge meme coin, or POMD. This utility token makes all platform transactions possible. Subsequently it also gives owners real utility and the chance to earn rewards through staking. Meanwhile, POMD tokens are selling for just $0.008 during the first stage of the presale. You now have the chance to integrate into this thriving ecosystem. Find out more about the Pomerdoge (POMD) Presale Today Website: https://pomerdoge.com/ Telegram Community: https://t.me/pomerdoge Disclaimer: This is a sponsored press release and is for informational purposes only. It does not reflect the views of Crypto Daily, nor is it intended to be used as legal, tax, investment, or financial advice.

In a major decision taken on the 8th of August, Bitstamp has announced that it would suspend trading for several cryptocurrencies identified as securities by the SEC in cases against Binance and Coinbase. The impacted tokens will no longer be available to trade by the end of August. Bitstamp Moves To Suspend Tokens According to the announcement, several prominent cryptocurrencies will soon be blocked, rendering US-based users unable to trade them. These include Axie Infinity (AXS), Decentraland (MANA), Chiliz (CHZ), Near Protocol (NEAR), Polygon (MATIC), The Sandbox (SAND), and Solana (SOL). As per the company’s announcement, after delisting the above-mentioned cryptocurrencies, the platform will offer only 30 listed cryptocurrencies. The cryptocurrency exchange urged users to execute all trades involving these tokens by the 29th of August, following which they will become unavailable. “Update for our US users Starting the 29th of August: AXS, CHZ, MANA, MATIC, NEAR, SAND, and SOL trading will be halted after evaluating recent market developments. Execute any open trades. Holding and withdrawing tokens afterwards will be unaffected.” According to the exchange, US trading of the tokens will be permanently disabled after the 29th of August. However, customers can still withdraw and hold the tokens after the date. “We kindly request our users to promptly execute any desired buy or sell orders involving the affected assets before the 29th of August, 2023. After this deadline, trading activities related to AXS, CHZ, MANA, MATIC, NEAR, SAND, and SOL will be permanently disabled on the Bitstamp platform.” “Recent Developments” Led To Decision The announcement pointed at recent market developments as the reason behind the suspension of trading of the cryptocurrencies mentioned. While the firm did not provide a concrete reason, all of the tokens mentioned in the announcement have been alleged to be unregistered securities by the United States Securities and Exchange Commission (SEC). The Securities and Exchange Commission identified the cryptocurrencies in question as unregistered securities in separate complaints against Binance and Coinbase. However, Bitstamp has not delisted other assets mentioned in the cases against Binance and Coinbase. These assets include Nexo (NEXO), Algorand (ALGO), and Cardano (ADA). Other Platforms Have Also Delisted Assets The allegations against the tokens made by the Securities and Exchange Commission have yet to be proven in a court of law. However, other platforms have voluntarily delisted specific assets mentioned by the SEC in the cases. In recent months, several platforms, including Bakkt, Robinhood, and Revolut, have delisted Polygon (MATIC), Cardano (ADA), and Solana (SOL). The platforms seem to have delisted these three cryptocurrencies because they are among the largest assets which the SEC targets. Following the developments, projects such as The Sandbox have also started mandating Know Your Customer (KYC) verification for SAND staking. According to the SEC, a total of 68 cryptocurrencies are unregistered securities. Crypto Projects Reject Claims However, cryptocurrency projects have repeatedly rejected the claims made by the Securities and Exchange Commission, either directly or indirectly. The Solana Foundation, in a statement, has said that it categorically disagrees with the SEC’s observations. Cardano’s parent company IOHK has also denied ADA’s security status. Meanwhile, Polygon Labs has said its operations were focused outside the US, beyond the reach and jurisdiction of the SEC. From the looks of things, it appears that actions taken around the assets in question are precautionary, and it remains to be seen if the SEC will take any action against the tokens or platforms in the future. SEC Action Against BinanceAnd Coinbase The Securities and Exchange Commission’s suits against Coinbase and Binance have led to an uncertain future for major listed tokens. The regulatory body’s two lawsuits against the crypto exchanges in question have cast a long shadow on the 19 tokens mentioned in both filings. The SEC has accused Binance and Coinbase of offering unregistered securities to the public through their respective platforms. The suit once again brings into focus lingering questions about whether cryptos are a security, commodity, or otherwise. Disclaimer: This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice.

In a major decision taken on the 8th of August, Bitstamp has announced that it would suspend trading for several cryptocurrencies identified as securities by the SEC in cases against Binance and Coinbase. The impacted tokens will no longer be available to trade by the end of August. Bitstamp Moves To Suspend Tokens According to the announcement, several prominent cryptocurrencies will soon be blocked, rendering US-based users unable to trade them. These include Axie Infinity (AXS), Decentraland (MANA), Chiliz (CHZ), Near Protocol (NEAR), Polygon (MATIC), The Sandbox (SAND), and Solana (SOL). As per the company’s announcement, after delisting the above-mentioned cryptocurrencies, the platform will offer only 30 listed cryptocurrencies. The cryptocurrency exchange urged users to execute all trades involving these tokens by the 29th of August, following which they will become unavailable. “Update for our US users Starting the 29th of August: AXS, CHZ, MANA, MATIC, NEAR, SAND, and SOL trading will be halted after evaluating recent market developments. Execute any open trades. Holding and withdrawing tokens afterwards will be unaffected.” According to the exchange, US trading of the tokens will be permanently disabled after the 29th of August. However, customers can still withdraw and hold the tokens after the date. “We kindly request our users to promptly execute any desired buy or sell orders involving the affected assets before the 29th of August, 2023. After this deadline, trading activities related to AXS, CHZ, MANA, MATIC, NEAR, SAND, and SOL will be permanently disabled on the Bitstamp platform.” “Recent Developments” Led To Decision The announcement pointed at recent market developments as the reason behind the suspension of trading of the cryptocurrencies mentioned. While the firm did not provide a concrete reason, all of the tokens mentioned in the announcement have been alleged to be unregistered securities by the United States Securities and Exchange Commission (SEC). The Securities and Exchange Commission identified the cryptocurrencies in question as unregistered securities in separate complaints against Binance and Coinbase. However, Bitstamp has not delisted other assets mentioned in the cases against Binance and Coinbase. These assets include Nexo (NEXO), Algorand (ALGO), and Cardano (ADA). Other Platforms Have Also Delisted Assets The allegations against the tokens made by the Securities and Exchange Commission have yet to be proven in a court of law. However, other platforms have voluntarily delisted specific assets mentioned by the SEC in the cases. In recent months, several platforms, including Bakkt, Robinhood, and Revolut, have delisted Polygon (MATIC), Cardano (ADA), and Solana (SOL). The platforms seem to have delisted these three cryptocurrencies because they are among the largest assets which the SEC targets. Following the developments, projects such as The Sandbox have also started mandating Know Your Customer (KYC) verification for SAND staking. According to the SEC, a total of 68 cryptocurrencies are unregistered securities. Crypto Projects Reject Claims However, cryptocurrency projects have repeatedly rejected the claims made by the Securities and Exchange Commission, either directly or indirectly. The Solana Foundation, in a statement, has said that it categorically disagrees with the SEC’s observations. Cardano’s parent company IOHK has also denied ADA’s security status. Meanwhile, Polygon Labs has said its operations were focused outside the US, beyond the reach and jurisdiction of the SEC. From the looks of things, it appears that actions taken around the assets in question are precautionary, and it remains to be seen if the SEC will take any action against the tokens or platforms in the future. SEC Action Against BinanceAnd Coinbase The Securities and Exchange Commission’s suits against Coinbase and Binance have led to an uncertain future for major listed tokens. The regulatory body’s two lawsuits against the crypto exchanges in question have cast a long shadow on the 19 tokens mentioned in both filings. The SEC has accused Binance and Coinbase of offering unregistered securities to the public through their respective platforms. The suit once again brings into focus lingering questions about whether cryptos are a security, commodity, or otherwise. Disclaimer: This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice.

Chicago, Illinois, August 8th, 2023, ChainwireFor years, cryptocurrencies such as Bitcoin (BTC) and Ether (ETH) have been the favored methods of payment for cybercriminals. Ransomware crime rings rely almost exclusively on Bitcoin payments to extract vast sums from major institutions, including hospitals and providers of critical infrastructure. But, in a groundbreaking move, afederal court casein Chicago has turned the tables on cybercriminals by using inventive technology to digitally lock the criminals out of their blockchain accounts.The case was brought against Russian and North Korean hackers who are under sanctions by the United States Treasury Department.Mike Kanovitz, CEO ofJurat Blockchains, the firm behind the technology deployed in the case, remarked, “It is encouraging to witness this invention in action, fighting criminals who misuse blockchains and give cryptocurrency a bad name.” Kanovitz explained that “Jurat technology provides the base layer for legal enforcement on blockchains by working in conjunction with official courts. It can help government officials prevent crime and lets cryptocurrency users access courts if they have had their cryptocurrency stolen, been defrauded, or lost their private keys.”The court’s order applies to 16 individuals and international criminal organizations sanctioned under Executive Orders of the President of the United States. Among those targeted was Hydra Market, the focus of “a collaborative initiative joined by the U.S. Department of Justice, Federal Bureau of Investigations, Drug Enforcement Administration, Internal Revenue Service Criminal Investigation, and Homeland Security Investigations,” according to aU.S. Treasury Department press release.Another major target named in the lawsuit is theLazarus Group, which engaged in “malicious cyber activities and money-laundering of stolen virtual currency” on behalf of the Democratic People’s Republic of Korea.The state-sponsored hackers committed “the largest virtual currency heist to date, worth almost $620 million, from a blockchain project linked to the online game Axie Infinity.”Using the first-of-its-kind judicial injunction, the federal court has locked all accounts belonging to the 16 criminals that contain the cryptocurrency $JTC. The coin emerged following an update to Bitcoin’s software, resulting in a “fork” that left two blockchains, BTC and JTC, hosting the same accounts. Victims who previously lost $BTC can claim their $JTC using the Jurat Wallet app or by filing an action to enforce their legal rights in court. Industry estimates of cryptocurrency crimes range above $20 billion annually.The case was handled by Jon Loevy, of Loevy & Loevy Attorneys at Law in Chicago.About Jurat BlockchainsJurat Blockchains provides Web3 legal tech and reg tech for blockchains, smart contracts, and DAOs. It launched its first public blockchain, JTC, in 2022 and has additional layer 1 projects and dispute resolution system dApps in the pipeline. For further information about Jurat contact [email protected] or find us at www.jurat.io. To reach Loevy & Loevy call 312-243-5900.ContactMedia ManagerAndy ThayerLoevy & [email protected]

LOS ANGELES, United States, August 8th, 2023, ChainwireXsolla, a global video game commerce company, and global cryptocurrency platform Crypto.com have announced a partnership for the integration of Crypto.com’s checkout solution into Xsolla's Pay Station platform.This transformative integration of Crypto.com Pay represents a significant advancement in the gaming industry and creates new possibilities for game developers and players, enabling them to accept cryptocurrency payments and streamline transactions in a user-friendly and secure manner for a universally enhanced experience. This pivotal update broadens the horizon for digital payment methods, offering players more diverse and preferred transaction options in digital and metaverse environments. This collaboration also marks a significant step for Crypto.com in building its presence and network across the gaming industry.“There is significant potential in the convergence of gaming and Web3,” said Eric Anziani, President and Chief Operating Officer of Crypto.com. “By partnering with a global gaming leader like Xsolla and leveraging our respective assets and expertise, we are helping make that potential a reality - giving developers, publishers, and players a seamless way to engage and create value in the crypto economy.”Xsolla's Pay Station, which facilitates in-game purchases across 200+ regions and countries using a variety of compliant payment providers, is enhancing its service with the integration of Crypto.com Pay. This forthcoming development promises to expand the reach of developers and publishers, enabling them to engage a more diverse player base and tap into new, dynamic markets and revenue streams."We are thrilled about this partnership with Crypto.com and the significant integration of Crypto.com Pay into our Pay Station platform. The gaming industry is rapidly evolving, and we must adapt to meet those changes. The integration of cryptocurrencies as a form of payment offers game developers and players an innovative payment solution that aligns with the global shift towards digital currencies," said Chris Hewish, CEO of Xsolla. "Our collaboration with Crypto.com marks a pivotal moment for the gaming industry, paving the way for a more inclusive and secure gaming ecosystem."“We are tremendously excited to take this first step with Xsolla as part of a broader collaboration initiative in Korea and on a global level,” said Patrick Yoon, General Manager of Crypto.com Korea. “We look forward to continuing to work with Xsolla in developing and advancing payment ecosystems and digital asset adoption.”For more information about Crypto.com Pay and Pay Station, please visit: xsolla.pro/cryptocomAbout XsollaXsolla is a global video game commerce company with a robust and powerful set of tools and services designed specifically for the industry. Since its founding in 2005, Xsolla has helped thousands of game developers and publishers of all sizes fund, market, launch, and monetize their games globally and across multiple platforms. As an innovative leader in game commerce, Xsolla's mission is to solve the inherent complexities of global distribution, marketing, and monetization to help our partners reach more geographies, generate more revenue and create relationships with gamers worldwide. Headquartered and incorporated in Los Angeles, California, with offices in Berlin, Seoul, Beijing, Kuala Lumpur, Tokyo, and cities around the world, Xsolla supports major gaming titles like Valve, Twitch, Roblox, Ubisoft, Epic Games, Take-Two, KRAFTON, Nexters, NetEase, Playstudios, Playrix, miHoYo, and more.For additional information and to learn more, please visit: xsolla.comAbout Crypto.comFounded in 2016, Crypto.com is trusted by more than 80 million customers worldwide and is the industry leader in regulatory compliance, security, and privacy. Our vision is simple: Cryptocurrency in Every Wallet™. Crypto.com is committed to accelerating the adoption of cryptocurrency through innovation and empowering the next generation of builders, creators, and entrepreneurs to develop a fairer and more equitable digital ecosystem.Learn more at crypto.comContactGlobal Director of Public RelationsDerrick [email protected]

Yield Guild Games surged nearly 600% in less than a week, smashing through the top gainers charts before abruptly crashing. According to reports, a new Binance trading product and an ongoing community gaming event have played a pivotal role in the incredible price rally of the YGG token. YGG Token Surges According to data from CoinmarketCap, the Yield Guild Games (YGG) token saw a dramatic surge over the past week, rising by 580% and reaching a peak of $0.93 on the 7th of August, 2023. However, the token abruptly crashed soon after reaching this price level and is currently trading at around $0.36. However, the token had hinted at a decline in price in its gradually dropping trading volume. The trading volume recorded a drop of 26% in 24 hours, falling under $500 million, while the market cap increased by $17 million, reaching $161 million. Why Did The YGG Price Rally? Observers attributed the surge in the YGG token’s price to a couple of major factors. On the 3rd of August, Yield Guild Games announced the 4th season of the Guild Advancement Program (GAP). The Guild Advancement Program is a periodic gaming event that distributes rewards such as tokens to community members who successfully complete specified quests in participating in YGG-affiliated games. The 4th season of Yield Guild Games includes some of the biggest names in the space, such as Splinterlands, Skyweaver, and Axie Infinity. As a result, it should come as no surprise that the Yield Guild Games network usage saw a spike, reaching a one-month high of 192 active addresses. Yield Guild Games stated in its press release, “Some of the community’s most recent top picks are joining the fold this season, with all-new quests for guild members to dive into as they hone their skills and establish their web3 reputation. The season will officially begin on the 3rd of August, 2023, and will run until the 27th of September, 2023.” Barely a day later, Binance announced plans to launch a YGG/USDT trading pair for perpetual contracts on its CEX platform, allowing up to 20x leverage. Available on-chain data suggests that the announcement brought in about $100 million worth of new capital into the YGG ecosystem. Whales Dumping Share Of YGG While the growth has been quite notable, reports have emerged of venture capital companies who initially backed the project, reportedly looking to sell their share of YGG on Binance. Data from LookOnChain sourced on the 7th of August shows that Bitkraft Ventures and DWF Labs have moved their YGG holdings to Binance and are most likely looking to sell. DWF Labs had received around 29 million YGG from the Yield Guild Games Treasury. However, on-chain data has suggested that most of these tokens have been moved to exchanges. Bitkraft Ventures also made large deposits on Binance using FalconX. Another whale, Wintermute Trading, has reportedly deposited just over 11 million YGG worth $6.7 million to different exchanges over the past four days. It currently holds a further 2.5 million YGG, valued at around $1.5 million. LookOnChain also showed that Youbi Capital had deposited around 1 million YGG to Binance. The firm currently holds about 11 million YGG. Sfermion has also jumped on board the selling wagon, using FalconX to deposit its YGG tokens on Binance. Large deposits generally signify an investor’s willingness to exchange the token for other assets or sell them. This is also true of whales such as the ones mentioned earlier. Smaller investors generally tend to follow larger investors, copying their selling behavior. Disclaimer: This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice.

The Play-To-Earn (P2E) sector is growing at a very fast pace, increasing by 2,000% in a year. Axie Infinity (AXS), The Sandbox (SAND), or Pomerdoge (POMD) are some of the biggest coins in the $4.6 billion P2E sector. With the P2E projected to grow even further, which of these three coins has unique features, user […]

The creators of the popular NFT game Axie Infinity announced a partnership with NFT collection CyberKongz to migrate the Play & Kollect game to Ronin.

Sky Mavis executive Kathleen Osgood said that the catalyst for the revival of blockchain gaming would be an experience that understands the motivations driving users into Web3.

One pitch from Axie Infinity’s co-founder said to keep Twitter but have a crypto wallet named X for spending and creator tipping.

The upcoming token unlock event for Axie Infinity (AXS) has generated significant attention and speculation within the crypto community. With $21.7 million worth of AXS tokens set to be unlocked, there is anticipation regarding its potential impact on the altcoin’s bullish trend. Designated For Staking Rewards It is important to note that token unlocks can […]

During the past few weeks, many cryptocurrencies experienced a rapid rally. Bulls began pushing Shiba Inu in a green direction. Tradecurve and Axie Infinity were also affected by the broader market momentum and their prices were pushed to new heights, where investors are now looking at bullish outlooks for both of them. Shiba Inu and […]

As the cryptocurrency market continues to expand, a new sector, known as GameFi, emerges combining the worlds of gaming and decentralized finance (DeFi). In this growing niche, Alex The Doge (ALEX) stands as a strong contender, outshining well-established coins like The Sandbox (SAND) and Axie Infinity (AXS). With the anticipation of a Central Exchange (CEX) […]

In the fascinating world of blockchain, the marriage of gaming and cryptocurrency is a growing trend. Game developers and crypto-enthusiasts alike are drawn to the possibilities of integrating blockchain technology with gaming, creating a fresh wave of innovative tokens. Amongst these, Axie Infinity (AXS), DigiToads (TOADS), and Sandbox (SAND) stand out as gaming tokens that […]

For years, the realm of cryptocurrency has been a wild ride, captivating countless investors and enthusiasts seeking the next breakthrough. In the year 2023, the crypto scene is abuzz with three prominent contenders: TMS Network (TMSN), Axie Infinity (AXS), and Filecoin (FIL). These digital currencies hold immense promise, enticing investors with the allure of substantial […]

Cryptocurrency markets are known for their volatility and rapid fluctuations. This makes it hard for traders to make profits in the market. Besides, it takes time for human traders to make accurate and timely decisions. Introducing AI Cryptocurrencies like Avorak AI brings affordable and easy-to-use trading bots to the markets. These bots calculate the potential […]

Blockchain games have been a good investment since their inauguration. Normally are embedded with the Non-Fungible Token ecosystem and have a say in the moderation of attracting various users in the global space. Participants in these platforms acquire rewards during pre- and after-gaming periods. Axie Infinity and the Sandbox are some of the few games […]

Axie Infinity (AXS) joined other altcoins in the dip as it reached its lowest price last week after a four-month decline. The price remained quiet for some days and witnessed a sudden spike to a key resistance today. It rolled back after facing rejection. Following the existing bearish scenario, which started in January, AXS recently […]