NFT | meta | Crypto | CatNews

2023-02-10 07:38:39 Shiba Inu price witnessed the strongest decline of the year falling by 11%.
SHIB could rally by 45% if the current level holds as support.
The entire uptrend is subject to being reversed if the RSI falls beneath 40 as confirmation.
Shiba Inu price is experiencing an increase in volatility as the price has declined by the largest percentage amount this year. This analysis enables traders to forecast a bullish and bearish scenario through the use of technical indicators and classical price action techniques. Open / Comment

2023-02-09 17:11:57 Fans of pixel art have reached the bitcoin network. BitcoinPunks artists have reproduced 9,000 cryptopunks on the BTC network using the Ordinals protocol. Open / Comment

2023-02-08 21:33:49 Li.Fi calls on Uniswap not to deploy on BNB Chain with only one bridge

Li.Fi has urged the Uniswap community not to go forward with the current vote to finalize the deployment of Uniswap v3 on the BNB Chain with Wormhole as the only bridge provider, the project stated via a governance post filed on Feb. 6. The team argued in favor of a bridge-agnostic deployment. Li.Fi urged Uniswap to prioritize the creation of a framework for assessing cross-chain bridges. This framework would see future Uniswap deployments on other chains happen with several bridge providers in the mix. AMB stands for arbitrary messaging bridges. These are a subset of crypto bridges that allow the transfer of data between EVM-compatible networks. Cross-chain bridges in general enable users to transfer crypto tokens across different networks. Open / Comment

2023-02-07 22:18:38 Logan Paul Faces ‘Rug Pull’ Class-Action Lawsuit Over CryptoZoo NFTs

Famed internet personality Logan Paul and NFT project CryptoZoo have been accused of engaging in a “rug pull” in a new class-action lawsuit. Announced in September 2021, CryptoZoo was marketed as an NFT-based game and billed as “an autonomous ecosystem”.

A filing made in the District Court of the Western District of Texas alleged that the defendants “executed a ‘rug pull’,” promoting CryptoZoo’s products using Paul’s online following “to consumers unfamiliar with digital currency products, leading to tens of thousands of people” purchasing these.  NFT line, promising certain benefits to consumers, but then the developers abandon the project and fail to deliver the promised benefits, while fraudulently retaining the buyers’ funds. Open / Comment

2023-02-07 07:36:45 Gemba, Metaverse's Leading Enterprise Platform, Receives $18M in Funding

Gemba, a VR staff training platform, is set to become the metaverse's leading enterprise platform after receiving $18 million in funding. A Series A funding round led by Parkway Venture Capital is now leaving the $60 million platform.

The platform specializes in virtual reality as a service (VRaaS). Its patented virtual reality technology combines software, content and service. Thus, it is suitable for global enterprises that are looking to train a distributed workforce in a variety of environments. Open / Comment

2023-02-06 21:48:07 Meta is shutting down the Metaverse platform it recently bought

Meta is shutting down Crayta on March 3, 2023, after purchasing the DIY gaming platform less than two years ago, and user content will not be archived. Unit 2 Games recently broke the bad news to the Crayta community that the game-building platform will be shutting down next month. With so much time and effort invested, players expressed sadness in response to the Twitter announcement. If you’ve invested time in the platform, you need to make screen recordings of your favorite games and worlds to preserve those memories and share them with others. It’s sad to see creative effort wasted and that is always a risk with world-building games. Meta purchased Unit 2 in 2021 and game development never stopped. Open / Comment

2023-02-06 12:49:41 Cryptocurrency-meme Dingo Token (DINGO), whose capitalization level reached $ 93 million, turned out to be a fraudulent project. Open / Comment

2023-02-05 20:12:30 Ethereum-Based Decentralized Exchange Token Explodes 50% As Project Releases Yearly Report

An Ethereum (ETH)-based decentralized exchange (DEX) token has shot up 50% in just a few days after the project released a new annual report. The dYdX (DYDX) Foundation released its “inaugural ecosystem annual report” on Monday, which outlined the decentralized finance (DeFi) DEX’s development in 2022. In 2022, DeFi proved its resilience and demonstrated clear advantages over CeFi [centralized finance]. Market activity and sentiment highlighted the benefits of trustless technology, self-custody, and decentralization, including an opportunity for unparalleled transparency and fairness. We believe that these principles are key to the dYdX protocol’s success in the future.” The exchange’s native token, DYDX, was trading around $2.23 on Monday and has since skyrocketed to $3.36 at time of writing, a more than 50% increase. The 91st-ranked crypto asset by market cap is also up a whopping 180% in the past month. Open / Comment

2023-02-04 19:45:54 Doritos launched a metaverse on Decentraland

The Doritos Triangle metaverse allows players to create their own avatars and users also have a chance to win free NFTs released on Polygon. Open / Comment

2023-02-03 17:29:27 Decentralized Exchange Dexalot Starts a Hybrid DeFi Subnet

Decentralized cryptocurrency exchange (DEX) Dexalot has launched on layer-1 protocol Avalanche as a Subnet, attempting to combine the user experience of centralized exchanges (CEX) along with the transparency and decentralization of a DEX. Dexalot’s users will be able to deposit and withdraw assets via its app on the Avalanche C-chain, and then trade on the Dexalot subnet, according to a press release. The communication between the mainnet and subnet will be through “generic message passing using cross-chain communication protocols,” said the press release. Open / Comment