• Sep 11, 2024

‘Hamster Kombat’ Will Give Out Billions of Tokens via Binance in Telegram Game Airdrop

Popular Telegram tap-to-earn game Hamster Kombat is set to launch its HMSTR token on The Open Network (TON) later this month alongside an airdrop to its many millions of players. On Thursday, the developers announced plans to drop billions of tokens to Binance customers, as well, through a Launchpool rewards campaign. The HMSTR token will have a total supply of 100 billion tokens, the anonymous Hamster Kombat team revealed Thursday as part of the announcement—and 3 billion of those tokens have b...

• Sep 11, 2024

Solana’s Pump.Fun Has Launched Millions of Tokens—Fewer Than 100 Are Worth Much at All

Solana meme coin factory Pump.fun has failed to keep more than 100 tokens above the $1 million market cap milestone. This comes as the protocol starts to fall out of favor after its summer-time high. A total of 89 Pump.fun coins are currently above a market cap of $1 million, according to Pump.fun. This means just 0.0045% of the near 2 million tokens are sitting above $1 million.  That said, over the past 24 hours, only 1.5% of tokens launched have “graduated” to Solana decentralized exchange Ra...

• Sep 11, 2024

Fuse Plugs Solana Token Into Energy Distribution DePIN Play

Fuse, a London-based renewable energy startup, is looking to reshape the way energy is generated, distributed, and consumed by offering incentives—including cryptocurrency—using mobile apps and decentralized technology. The initiative is a decentralized physical infrastructure network (DePIN), a fast-growing sector enlisting blockchain-based technology and tokens in infrastructure projects—in Fuse’s case, renewable electricity. “When you send power down a power line, there are power losses,” Fus...

• Sep 11, 2024

European Central Bank Drops Interest Rates Again as Bitcoin, Stocks Bounce Back

The European Central Bank (ECB) dropped the interest rate for its deposit lending facility by another 25 basis points on Thursday, reaffirming its newly dovish monetary policy stance—and Bitcoin and major stock market indices are slightly up following the news. The central bank expects core inflation to rapidly decline over the next two years. That said, its latest projections for economic growth are now weaker than they were in June, and economic activity remains “subdued” due to weak private c...

• Sep 11, 2024

Grayscale Debuts XRP Trust Following Bitcoin and Ethereum ETF Launches

Digital asset manager Grayscale today launched a new trust giving investors exposure to XRP, the seventh biggest cryptocurrency by market cap and the coin created by the founders of payments platform Ripple. In a Thursday announcement, Grayscale said that it believed the asset had the "potential to transform the legacy financial infrastructure." The trust will allow investors to buy shares that track the price of XRP, but it will operate differently to its Bitcoin and Ethereum exchange-traded fu...

• Sep 11, 2024

‘Eve Frontier’ Survival Game Is Being Built on Ethereum, CCP Reveals

Eve Online creator CCP Games announced Thursday that its upcoming survival-centric blockchain game, previously referred to as Project Awakening, will launch as Eve Frontier instead—and that it’s being built within the Ethereum ecosystem. Eve Frontier, as it has been rebranded, is an on-chain space simulation game that players will be able to mold and expand as they see fit—and they must collaborate or face certain doom, CCP Games founder and CEO Hilmar Veigar Pétursson told Decrypt’s GG earlier...

• Sep 11, 2024

Bitcoin Will Hit New High Price If Trump or Harris Wins, Says Analyst—But Bettors Favor Kamala

Just days after former President Donald Trump and Vice President Kamala Harris faced off in their first debate, Polymarket odds have shifted to show Harris pulling ahead. However, an analyst at British multinational bank Standard Chartered believes a new Bitcoin all-time high price will come this year regardless of who wins the election. At the time of writing, crypto bettors favor Democratic candidate Harris to win the 2024 Presidential Election in November by a narrow margin—50% to Republican...

• Sep 11, 2024

Gary Gensler Under Fire for Alleged Political Favoritism in SEC Appointments

The U.S. Securities and Exchange Commission (SEC) chair Gary Gensler has come under fire for allegedly hiring civil servants based on political affiliations—a violation of federal law. The allegations come from a joint letter sent by the House Judiciary, Financial Services, and Oversight Committees. While the allegations don’t appear to overlap with crypto enforcement actions from the regulator, they do arrive at a time when firing Gensler has become one of Republican nominee Donald Trump’s camp...

• Sep 11, 2024

eToro Will Only Offer Bitcoin, Ethereum, and Bitcoin Cash in US After Settling SEC Charges

Financial trading platform eToro has settled charges from the U.S. Securities and Exchange Commission, the regulator announced Thursday, with the firm agreeing to pay a penalty and stop offering all but three crypto assets for trade in the United States. According to the SEC announcement, eToro will only offer Bitcoin, Ethereum, and Bitcoin Cash trading going forward to U.S. customers. The regulator said that eToro settled charges related to operating "an unregistered broker and unregistered cle...

• Sep 11, 2024

Gameloft Reveals 'Claynosaurz' Mobile Game Based on Solana NFTs

Popular Solana NFT collection Claynosaurz and the 3D animation studio behind it are expanding into gaming. On Thursday, the makers of Claynosaurz announced a collaboration with leading game publisher Gameloft to develop a mobile game based on the brand. While specific details about the game have yet to be fully revealed, the development team hinted that it will combine elements of a "choose your own adventure" experience with gameplay reminiscent of hit location-based game, Pokémon Go. The game...