I. Overview Over the past few years, cryptocurrencies’ popularity has grown significantly. With bitcoin as the foundation, more than 20,000 cryptocurrencies have now arisen. It is amazing how much the sector has grown in such a short time, and early adopters have benefited from it. The Continue Reading
Overview GameFi is the culmination of gaming (finance and game), allowing players to invest real money and benefit from actual game play. But how is this possible? How may playing games online lead to actual financial gain and the acquisition of cryptocurrency? The ability for developers to build an entire financial economy within the game […]Continue Reading
1. Indian Central Bank RBI Considers Cryptocurrencies A Threat The 25th edition of the Reserve Bank of India’s Financial Stability Report (FSR) was published on Thursday. Governor of the RBI Shaktikanta Das wrote: “Cryptocurrencies are a clear danger. Anything that derives value based on make believe, without any underlying, is just speculation under a Continue Reading
Welcome to Barmy’s on-chain analytics. General Information BTC is now moving sideways at $19,000 – $20,000. Source: TradingView Meanwhile, the Fear & Greed Index increased slightly to 11. This shows that although there has been some improvement, the market is still very scary. Source: alternative.me On-chain data shows that there is dip-buying demand #Bitcoin market Continue Reading
1. Coinbase Announces Its European Expansion Amid The Gloomy Market Just last month, Coinbase revealed it would lay off 1,100 workers, or 18% of its workforce, in anticipation of a “extended” crypto winter. The business has received criticism for withdrawing numerous job offers that it had pledged not to do so. (Coinbase eventually established a […]Continue Reading
1. Three Arrows Capital Finally Faces Bankruptcy According to Bloomberg, the cryptocurrency investment business Three Arrows Capital, popularly known as 3AC, filed for Chapter 15 bankruptcy on Friday. Although not shocking, the revelation marks the dishonorable demise of the illustrious, ten-year-old company that, according to blockchain analytics platform Nansen, managed Continue Reading
Until now, crypto investors have had a very bad year. The global market cap of these digital assets has fallen below $1 trillion, and almost every coin’s price has dropped more than 50% from all-time highs, with no immediate recovery in sight amid the ongoing bear market. While the Terra (LUNA) debacle last month was […]Continue Reading
I. Overview An NFT-native digital toy platform called Cryptoys NFT makes experiential, commercialized collectibles that are interactive. Since they are NFTs, you can genuinely claim them as your own to the fullest extent possible. They are entirely reactive and evolve over time, unlocking new skills. The project, created by OnChain Studios, aims to be a […]Continue Reading
1. CFTC Files Lawsuit Against $1.7B Multilevel Marketing Schemers Cornelius Johannes Steynberg and Mirror Trading International Proprietary Limited (MTI) have been sued by the Commodity Futures Trading Commission for alleged registration and fraud violations. Steynberg is charged with participating in a multilevel marketing (MLM) scam that operated internationally and Continue Reading
I. Overview: Magic Eden is a decentralized NFT Marketplace launched in early 2019, built on the Solana network that allows users to buy, sell and trade unique digital assets. The ultimate goal of Magic Eden is to make minting NFTs and trading easier, faster, and cheaper for everyone. Until now, they have successfully gained a […]Continue Reading