Thursday, December 12, 2024
| Don't miss out on the juiciest news in the crypto space! Stay in the loop to ensure that you receive our latest newsletters, right in your inbox! | | And the party continues, Geckos! In today's news:
Read on! | | 24h Hot Searches Worldwide 🔥 | | What Are The Largest Crypto Exchanges? | | Binance managed to retain its lead as the largest cryptocurrency exchange, with a 39.1% market share in November. However, there were lots of movement within the top 10. Read more to find out how centralized crypto exchanges have performed! | | | Treasure heads to new frontiers 🎮
Treasure, the decentralized gaming ecosystem, has finally launched its Layer-2 network, moving away from its former home on Arbitrum.
The new chain will be part of zkSync's Elastic Chain collective and will utilize Treasure's native MAGIC token.
With the launch of the new chain, more than 15 games and thousands of different in-game NFTs and tokens will have to be migrated through the Hyperland bridge.
Treasure co-founder Karel Vuong mentioned that the new Treasure L2 will allow game developers to implement gasless transactions and access specialized tools for creating in-game economies.
As part of its mainnet launch, Treasure will also be commemorating the event with daily free NFT mints for the next 2 weeks in the form of game cartridges that represent the various titles in the ecosystem.
Since the official launch of the Treasure L2, the price of MAGIC rose by 7.5% from $0.67 to a peak of $0.72 but has since retraced to $0.68. | | | In today's video, we dive into Nostr, a decentralized alternative to social media backed by figures like Jack Dorsey and Edward Snowden. | | | From stablecoins to AI 🧠 As part of its recently announced 'Vision' roadmap, stablecoin protocol Frax Finance is developing a tech stack for AI agents on the blockchain, known as 'AIVM'.
Teaming up with project IQ, the "AIVM" tech stack will be run as a parallelized blockchain within the project's Layer 2 rollup, Fraxtal, and will utilize a new consensus mechanism known as 'proof-of-inference,' In a nutshell, 'proof-of-inference' will utilize AI and machine learning models to help validate transactions on the network.
Additionally, the Frax protocol will rebrand its primary tokens, changing the name of its FRAX stablecoin to frxUSD and the FXS governance token to FRAX. | | |
Create and tokenize your very own AI assistant. Read on to learn more about how you can do this with Virtuals Protocol! | | | In Other News... Hot Air Rises. FARTCOIN reached its all-time high price above $0.52, with its market capitalization surging past $520M. Despite its goofy name, the coin's origins have been linked to the widely known AI, Truth Terminal.
The Penguins are Penguining. NFTs from the popular Pudgy Penguins collection have just broken its all time high floor price of over $100,000. This makes a singular Pudgy worth more than a Bitcoin.
Peanut the Squirrel Immortalized on Coinbase! The Solana memecoin, PNUT, inspired by the late squirrel Peanut, has just been added to the list of upcoming supported tokens on the Coinbase exchange.
Do Kwon The Crypto Man. Award-winning film director Harry Hyun is set to release his film titled 'Crypto Man' in January 2025. The film, inspired by the Terra Luna crash, will star the late actor Song Jae-rim as the protagonist.
Bullish ETH. Trump's World Liberty Financial crypto project has reportedly bought another $5M worth of ETH using proceeds from its token sale. The project now holds more than $50M worth of ETH.
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