Profiling web3 gamers can help blockchain gaming go mainstream. Stardust CEO Canaan Linder identifies 5 player types: Grinder, Optimizer, Evangelist, Explorer, and Speculator, each crucial for engagement and retention. #BlockchainGaming #Update
Bitwise CCO Katherine Dowling: Spot Ethereum ETFs are “close to the finish line,” with the SEC showing openness to new products. Recent amendments signal imminent launch. #Ethereum #CryptoETFs
.@Consensys has launched the MetaMask Delegation Toolkit to streamline Web3 user activities and interaction with dApps. It supports EVM-compatible networks like Arbitrum, Avalanche, and Polygon. Developers benefit from simplified smart contract development and redistributed gas costs. #Web3 #Update
Bitwise’s Chief Compliance Officer Katherine Dowling predicts Ethereum ETFs are near approval following recent SEC amendments. Expected by summer’s end, Ethereum ETFs will enhance market liquidity and attract institutional investors, marking a pivotal moment for crypto. $ETH #CryptoNews
On July 8, 2024, U.S. spot Bitcoin ETFs saw a $294.9M influx. BlackRock’s IBIT fund led with $187.21M, followed by Fidelity’s FBTC at $61.54M and Grayscale at $25.08M. This surge reflects growing investor confidence in #cryptocurrencies. #Update
TeraWulf Inc. repaid its $77.5M term loan early, eliminating all debt. Shares surged 140% YoY, driven by AI demand. The firm plans to expand its zero-carbon energy Bitcoin mining capacity to 295 MW and focus on AI infrastructure. #Update #Bitcoin #AI
Golem (@GolemProject) transferred 4,600 ETH ($14.1M) to Binance and Bitfinex amid a price recovery. Over five days, 29,000 ETH ($88.9M) moved, sparking concerns about selling pressure on $ETH. Golem focuses on network growth and solo staking their ETH holdings. #Ethereum
stUSDT partners with @ChainSecurity for a comprehensive smart contract audit. The audit found no critical vulnerabilities, reinforcing stUSDT’s security. TVL: $269M, APY: 4.66%. #DeFi #Updates
PayPal’s USD-backed stablecoin, PYUSD, has surpassed $500 million in market cap. Launched in August 2023, its rapid growth on Ethereum and Solana networks, and backing by U.S. Treasury bonds, have bolstered investor confidence. PYUSD now ranks among the top 10 stablecoins. #CryptoNews
Bitcoin user sends on-chain message to German govt, calling taxes “robbery,” as over 50% of seized BTC is sold on exchanges like $COIN, $BTS, and $KRKN. Prices dip but recover 2.1% in 24 hours. TRON’s @justinsuntron offers to buy the BTC directly. #CryptoNews
Up Network and @MovementLabs launch the Up Mobile, a Web3 smartphone with biometric sensors and zero-knowledge proofs for blockchain ID verification. Over 10,000 pre-orders aim for 100,000 units by year-end. #Web3 #Update
Analysts spotlight $DOT, $ADA, Angry Pepe Fork, and Book Of Meme for strong 2024 performance. Angry Pepe Fork’s unique earn mechanism could hit 100x. $DOT sees a 62% trading volume rise. #Update
Study finds crypto investors show traits of psychopathy, narcissism, and impulsivity, potentially affecting financial markets and investment strategies. The 2024 research highlights lower analytic thinking among $BTC holders. #CryptoPsychology #Update
Blockchain abstraction is making blockchain tech more user-friendly. @NEARProtocol, Particle Network, and Arcana lead with tools for wallet management, cross-blockchain transactions, and gasless transactions. This trend boosts the accessibility of decentralized apps while posing new security challenges. #Blockchain #Update
