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What is GameFi?

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
News

Daily Crypto News | July 4th, 2022

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
Analytics

On-Chain Data July 3: There is dip-buying demand. BTC is about to recover?

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
News

Daily Crypto News | July 3rd, 2022

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
News

Daily Crypto News | July 2nd, 2022

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
Highlight Projects

Project Review: Cryptoys

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
News

Daily Crypto News | July 1st, 2022

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