News – Archive
You can win Bitcoin by playing Counter-Strike
Bitcoin company ZEBEDEE has launched the first CS:GO servers with its Infuse technology, which allows players to earn Bitcoin based on in-game performance.
Simon Cowell, co-founder, and CEO of ZEBEDEE, says the news is making waves in gaming circles.
“Our Bitcoin integration with CS:GO has connected with players as I’ve never seen in blockchain games,” Cowell told Decrypt. Waitlist signups are enough to fill our first 10 servers, so we’…
SEC and Ripple want the court to decide their issue quickly
In an attempt to avoid a full trial, both the SEC and Ripple Labs filed for summary judgment over the weekend, contending that the court already has sufficient information to determine whether or not Ripple’s XRP sales violated the law.
The SEC filed a complaint against Ripple and two of its executives almost two years ago. With the next court date set for 18 October, it’s feasible that all the antagonism, document conflicts, and Howey Tes…
South Korea urges Interpol to stop Terra creator from avoiding extradition
South Korean police have requested a red alert from Interpol to prevent crypto entrepreneur Do Kwon from evading extradition, days after the Terra creator denied being “on the run” in a tweet.
Kwon was the creator of the Terra/Luna cryptocurrency platform, an effort to create a system with comparable scalability to Ethereum. In the spring of 2022, however, Kwon’s attempts to create an “algorithmic stablecoin” that would maintain its value …
| $LUNA, $UST, Cryptocurrencies, Front page, Terra
5 entities own 64% of staked ETH; ETH sell-off
A study from Nansen reveals that 5 organizations possess 64% of staked Ether (ETH) ahead of Ethereum’s Merge with the Beacon Chain.
Also, Nansen determined that more than 70% of staked ETH is worth less than when bought. They published a research addressing one of the main anxieties highlighted by Ethereum’s Merge: that a large number of “stakers” may sell out ether (ETH) if given the opportunity.
Centralization
Five entities hold ov…
BNB Chain announces zero-knowledge scaling technology
Binance’s main BNB chain has announced the release of its zero-knowledge-proof scaling technology, zkBNB.
As a precautionary measure to ensure scalability, zkBNB was released on the BNB Chain testnet on September 2nd, far ahead of its official launch in November.
According to BNB Chain, zkBNB will improve both the user experience and scalability metrics like transactions per second.
Vitalik Buterin, Ethereum’s creator, emphasiz…
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