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It’s been a busy month for Epic Games when it comes to blockchain engagement. The Epic Games Store launched it’s first supported blockchain-based title, Blankos Block Party, earlier this month – and now it’s adding a second title to it’s slate of offerings.
Let’s take a look at the title and what we can expect when it goes live.
Is Epic Games The Next Big Web3 Player?
Bitcoin adoption has always been the subject of rigorous debates in many countries today.
With financial powerhouses such as the U.S. and China still taking a hard stance against cryptocurrencies, it remains to be seen if the adoption of crypto by different nations will reach its peak in the near future.
After all, the respective governments of the above-mentioned countries continue to associate digital assets like Bitcoin with illicit affairs.
But this does not necessarily mean that other countries will follow suit. In fact, there are nations that are slowly making the necessary steps to properly adopt crypto into their financial system.
The latest price moves in bitcoin (BTC) and crypto markets in context for August 22, 2022. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets.
CoinDesk
Bitcoin price is again being challenged by all sorts of elements. It’s a “fresh chill,” says one analyst as the crypto winter shows no signs of let-up.
The cryptocurrency market as a whole is beginning to exhibit indications of weakness (and that’s not surprising, actually), with capital outflows eroding recent gains.
As a result, Bitcoin price, which has corrected while struggling to maintain a price over $ 20,000, has been subject to extreme selling pressure.
Bitcoin had significant sell-offs on Friday night and was just trading below $ 21,500, down roughly 10% in the last 24 hours. The largest cryptocurrency in terms of market capitalization has decreased by 14% during the past week.
Crypto companies have usually been the victims of corporate crackdowns over the years. The same is now the case with one of the largest email marketing services in the world. Earlier this week, some notable crypto companies and service providers took to Twitter to air their grievances with Mailchimp. The problem? Closure of their accounts without any prior warning.
Mailchimp Largest Crypto Companies
Multiple crypto platform owners have taken to Twitter to call out email marketing service Mailchimp for what seems to be a targeted closure of accounts. The complaints have been from people whose businesses offer some kind of crypto service or newsletter, and according to them, Mailchimp had closed their accounts without any prior warning.
Data shows the growth in the Bitcoin miner revenues has slowed down during the past week as the price of the crypto has been moving sideways.
Bitcoin Miner Revenues Rose During The Last Seven Days, But By Only 1.6%
As per the latest weekly report from Arcane Research, the BTC miner revenues have now stagnated after observing some significant growth recently.
Here is a table that shows how the metrics related to Bitcoin miners have changed during the past week:
Looks like the average transaction value has fallen over 15% in this period | Source: Arcane Research’s The Weekly Update – Week 31, 2022
Bitcoin the inflation hedge; the prodigal child returns.
CoinDesk
Crypto lender Celsius Network, one of the biggest in the world, has filed for Chapter 11 bankruptcy protection, joining a string of crypto asset organizations that have restructured in response to a severe sell-off in cryptocurrencies this year.
The news is the latest high-profile crypto bankruptcy as crypto values collapse, making Celsius the latest victim of a $ 2 trillion meltdown that has crippled some of the sector’s most popular companies and left hundreds of thousands of individual investors losing significant amounts of money.
Suggested Reading | Bitcoin Will Reach ATH In Next 24 Months, Coinshares CSO Predicts
The embattled crypto lender Celsius is inching closer to fully paying off its loans from decentralized finance protocols, reducing its outstanding debt to $ 59 million.
CoinDesk
Zhao gained the Bitcoin Core maintainer status on Thursday as Marco Falke merged her PGP key fingerprint as a trusted key onto the codebase.
Developer Gloria Zhao has become the first known woman to join the select cohort of Bitcoin Core maintainers.
Bitcoin Core maintainers have commit permissions to the repository and are responsible for merging contributions from other developers onto the codebase.
The post 🔴 Crypto Stocks Go Down | This Week in Crypto – Apr 25, 2022 appeared first on 99 Bitcoins.
Twitter pilots crypto payouts, Coinbase’s NFT Marketplace launches in beta and an eco-friendly altcoin shuts …
🔴 Crypto Stocks Go Down | This Week in Crypto – Apr 25, 2022 Read More »
Netflix shocked investors earlier this week when it reported a 126,000 decrease in domestic subscriptions, disappointing analysts who expected an increase of 350,000. While Netflix offered all sorts of lame excuses for the decline, it’s impossible to deny that its recent price increases and increasing competition are having an impact on its business. To that […]
The post Can Plunking Down $ 70 Million on This Aging Comedian Save Netflix? appeared first on CCN Markets
Facebook’s libra is under the scrutiny since pretty much everyone is freaking out that a company that’s run by a fun-sized Chucky doll is jumping in the cryptocurrency water. Watch the video to see the latest news on Facebook Libra hearings at House Financial Services Committee. Make sure to subscribe CCNMarkets on Youtube: CCN Markets
The post Breaking Down The Facebook Libra Hearings appeared first on CCN Markets
Litecoin price(LTC) was trading at $ 134.47 by 09:30 UTC on Sunday, up 13.03 percent on a 24-hour adjusted timeframe. The move uphill pushed Litecoin’s market capitalization to approx $ 8.18 billion, or 2.36 percent of the net cryptocurrency market valuation. At its top, Litecoin’s market worth was $ 19.9 billion. Litecoin is trading in a range defined […]
The post Litecoin Price Jumps 13 Percent as Breakout Bitcoin Slows Down appeared first on CCN Markets
Another Indian crypto exchange has shut down permanently due to the banking restriction and regulatory delays. The exchange cites denials in payment services and a sharp decline in trading volume resulting from the recent news of a draft bill to ban cryptocurrencies.
Also read: Indian Cryptocurrency Regulation Is Ready, Official Confirms
Indian cryptocurrency exchange Koinex announced its shutdown Thursday. CEO Rahul Raj explained that “After months of uncertainty and disruption, we have regretfully decided to shut down all digital assets exchange services and operations today,” adding:
Grin investors are taking it on the chin today. The crypto, which uses the Mimblewimble protocol for privacy and scalability, has shed more than 5% in the last 24-hour period even as bitcoin set a fresh 2019 high. With BTC’s dominance currently hovering at 60%, altcoins typically remain highly correlated to their larger peer. Grin, […]
The post Why This Privacy Crypto Is Down 5% Today While Bitcoin Soars appeared first on CCN Markets
By CCN Markets: Give Facebook Co-Founder Chris Hughes a lot of credit. He not only has made comments that could make him less wealthy, but he’s also doubled down on them. Specifically, Chris Hughes believes that his “friend” Mark Zuckerberg has too much control over speech. Zuckerberg Is a Scary Master of the Universe In a May op-ed in the New York Times, Chris Hughes wrote: “The most problematic aspect of Facebook’s power is Mark’s unilateral control over speech. There is no precedent for his ability to monitor, organize and even censor the conversations of two billion people.” Chris Hughes is
Six months in and initial exchange offerings (IEOs) are refusing to die. Following a year of ICO stagnation in 2018, it appeared that the crypto crowdfunding bubble had popped, sending tokenized projects back to the drawing board. Instead, the medium has been reborn under a different banner. In 2019, IEO token issuance is all the rage, but how long will the trend last?
Also read: Coinbase Launches Crypto Debit Card in 6 European Countries
![[Guest Post] Breaking Down Barriers with The Next Generation of DApps](http://digitalmoneytimes.com/wp-content/uploads/2019/06/Jimmy-Zhong-CEO-of-IOST.jpg "IOST co-founder & CEO Jimmy Zhong")
The post [Guest Post] Breaking Down Barriers with The Next Generation of DApps appeared first on CoinReport.
