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Source: Meta Masters Guild/Twitter Meta Masters Guild has now raised closed to $2.2 million in its presale, which has four days left to run before it moves to its fifth stage (out of seven). This means that the offering price of one MEMAG token will rise from $0.016 to $0.019, with the sale set to offer 35% of the coin's maximum supply of 1 billion. Given how quickly the Ethereum-based play-to-earn gaming platform is gaining new converts, it's likely that this entire allocation will sell out by the end of the offering. This gives interested parties only a limited window of opportunity if they want to obtain some MEMAG before it lists on exchanges in the next couple of months. Investors are Flocking to This New Crypto Platform as the Presale Shoots Past $2.2 Million Raised Some two weeks ago, the Meta Masters Guild's presale had raised only $500,000. However, it has been helped along in recent days by growing word-of-mouth, with some 24-hour periods witne...

Join Our Telegram channel to stay up to date on breaking news coverage The new crypto platform that intends to transform the Move-to-Earn sector FightOut has successfully raised $3.6 million in its token presale. FightOut is a comprehensive solution that empowers each person’s fitness goals by utilizing the combination of Web3 and Move-to-Earn. Find the full FightOut token presale update in the video above, follow his YouTube channel for more crypto presales update. Stage Two of FGHT Token Presale One of the most successful token presales currently ongoing, FightOut token has now raised more than $3.6 million in the second round of its presale. Currently one FGHT token is costs $0.018. The presale will conclude on March 31 and on April 5 FightOut will be listed on centralized crypto exchanges at $0.033. Guide on how to buy FGHT token here. Let's go, #FightOutCrew! 🚀 We just raised over $3.6M in our stage 2 presale! Don't sleep on this one &#128293...

As Bitcoin remains well-positioned for a steady recovery, the mining industry witnessed a 50% growth in revenue in terms of US dollars. As Bitcoin (BTC) shows a minor bull run, the connected sub-ecosystems’ year-long struggle for survival has started to pay off. For starters, the Bitcoin mining community experienced a 50% increase in revenue — through mining rewards and transaction fees — in the first month of 2023. On Dec. 28, 2022, Bitcoin mining revenue dipped to $13.6 million for the first time since October 2020. This, coupled with rising energy prices amid geopolitical tensions, imposed tremendous financial pressure on the companies running mining operations – forcing a few to shut shop. As Bitcoin remains well-positioned for a steady recovery, the mining industry witnessed a 50% growth in revenue in terms of US dollars, as shown below. Bitcoin mining revenue increased by 50% in January 2023. Source: Blockchain.com Bitcoin mining revenue jumped from $15.3 million on Jan. 1 t...

The blockchain network Litecoin’s computational power reached an all-time high (ATH) on Wednesday, Jan. 25, 2023, at block height 2,411,048, reaching 798.43 terahash per second (TH/s). In addition, Litecoin’s difficulty also reached an all-time high this week, hitting 23,505,031 the following day. Litecoin’s Computational Power Climbs 38% in 30 Days A significant amount of hashrate has been dedicated to the Litecoin (LTC) network over the last 30 days as the blockchain’s computational power climbed 38% higher from 576 terahash per second (TH/s) on Dec. 28, 2022, to the all-time high of 798 TH/s recorded on Jan. 25, 2023. Currently, Litecoin’s hashrate on Jan. 28, 2023, is around 691 TH/s, which is 20% higher than the hashrate last month. Litecoin’s price has also been climbing higher as LTC’s value increased by 34% against the U.S. dollar in the past 30 days. On Jan. 25, 2023, LTC’s hashrate tapped an all-time high of around 798...

Join Our Telegram channel to stay up to date on breaking news coverage Gambulls is a new cryptocurrency casino and gambling platform welcoming all players. New players can access a cashback bonus of up to 50% on their first deposit. Online crypto gambling is rising and is expected to become a $93 billion industry by the end of 2023. Gambulls aims to take the industry by storm. The new casino wants to provide a seamless experience for novice users and experienced gamblers alike. The Gambulls platform is operated by SG International N.V., licensed in Curacao. Being subject to a gaming license ensures the online casino is fully regulated to provide players with peace of mind.  In the first week since the launch, Gambulls noted over $640,000 in wagers from players worldwide. The platform is off to a good start, and players enjoy everything the casino provides.  As a new industry entrant, Gambulls wants to solidify its market position and grow its community.  The team provides ...

Meta Masters Guild (MMG) is an upcoming Web3 gaming guild and game ecosystem that combines blockchain and Web3 technologies to provide an innovative and engaging environment for players. The game's token is currently gaining traction in its presale, already raising over $1.45 million in a matter of weeks. It is built on the Ethereum blockchain and uses its own ERC-20 token, the MMG cryptocurrency . Gamers in the MMG ecosystem can earn rewards in the form of in-game currencies and NFTs by participating in guild activities. The platform's games all incorporate the $MEMAG token, which has a direct exchange rate with Gems: the in-game rewards currency. Gems are not crypto but rather can be swapped into $MEMAG; this distinction enables both iOS and Android versions of these titles to gain approval from Apple and Google app stores. The mission of Meta Masters Guild is to create a unique decentralized Web3 gaming experience where players are not just consumers but...

Join Our Telegram channel to stay up to date on breaking news coverage GMX traded lower on Thursday after rising as much as 13% the day before hitting highs above $54. The spike in the GMX price on Wednesday came after the Decentralised Perpetual Exchange token bounced off support at $49, slightly above the 50-day simple moving average (SMA). As long as GMX was trading above this level, investors could consider the short-term outlook to be positive. Meanwhile, on-chain metrics ranging from total value locked (TVL) to increasing transaction volume on the platform could trigger investor interest resulting in a massive breakout for GMX. High TVL Means More users, Which Translates To More Cash GMX is a decentralized exchange (DEX) specializing in spot and margin trading that uses a proprietary multi-asset pool that generates revenue for liquidity providers through market making, swap fees, and leverage trading. Its usage has grown steadily since its launch in 2021, leading to an ...

Unredacted documents mistakenly sent to the bankruptcy court indicate that the now-defunct crypto lender Blockfi had more than $1.2 billion tied up with FTX and Alameda Research. The accidentally revealed documentation shows that Blockfi’s exposure to the bankrupt crypto firm FTX was more than what the company had previously disclosed. Unredacted Documents Reveal Blockfi’s $1.2 Billion Exposure to FTX, Alameda Research It seems that Blockfi had a lot more money tied up with FTX and Alameda Research than what was originally suggested by the firm. A CNBC report indicates that unredacted documents were mistakenly sent to the bankruptcy court, revealing that Blockfi had $415.9 million connected to FTX, and roughly $831.3 million in loans to Alameda Research. The latest Blockfi filing shows that $1.2 billion is allegedly tied up with both FTX and Alameda, both of which have filed for Chapter 11 bankruptcy protection. When Blockfi’s bankruptcy case started in New Jersey, lawyer...

Grayscale previously anticipated being able to voice their arguments in the second quarter of the year, calling the recent motion “welcome news.” A United States appeals court is set to hear the oral arguments relating to Grayscale Investment’s lawsuit against the Securities and Exchange Commission (SEC) over its decision to deny Grayscale’s Bitcoin (BTC) spot exchange-traded fund (ETF). As per a Court motion filed on Jan. 23, both sides will present their arguments at the District of Columbia Court of Appeals on Mar. 7, 2023, at 9:30 am local time. Oral arguments are spoken presentations delivered by attorneys summarizing why their clients should win the case. Each party in the case takes turns directly speaking to and answering questions from the judge and is given equal amounts of time to do so. Mark your calendars. Oral Arguments in our case challenging SEC decision to deny $GBTC conversion to a spot #bitcoin ETF was just scheduled for *Tuesday, March 7, 2023 @ 930 AM EST*. pic.t...

Join Our Telegram channel to stay up to date on breaking news coverage The amount of private information that the European National Bank would have direct access to if it implemented a digital euro will be decided by legislators, not the bank. However, one of the ECB’s members of the board told MEPs that the organization’s top executives aren’t begging for access to details about specific transactions. In a routine discussion on the digital euro on Monday, executive board chairman Fabio Panetta said, “We suggest that we don’t have admin rights to any personal data.” Understanding the Legal Implications of the ECB’s Digital Euro Decisions He continued, citing anti-money laundering, counter-terrorism funding, avoiding tax evasion, and guaranteeing sanctions compliance: “It will be up to you as co-legislators to determine the stability between privacy and other essential public policy objectives.” The virtual euro will prob...

Developers are attempting to attack the forked testnet with malicious nodes to see if they can find vulnerabilities. As the proposed date for the Ethereum Shanghai update draws closer, developers have created a testing environment called a “shadow fork,” according to a January 23 tweet thread by Go-Ethereum developer Marius Van Der Wijden. The new testnet appears to have been created in order to test the conditions needed for Ether (ETH) staking withdrawals, which are currently disabled but are intended to become enabled in the update. Withdrawal-Mainnet-Shadow-Fork-1 is finalizing It started out with a few issues because the config wasn't correctly applied on geth (we disallow overriding the mainnet config). The config is applied correctly and all nodes are in agreement. We will start some evil nodes,. — MariusVanDerWijden (@vdWijden) January 23, 2023 The name of the testnet is “Withdrawal-Mainnet-Shadow-Fork-1.” According to Web3 node provider Alchemy, a “shadow fork” is ...

Join Our Telegram channel to stay up to date on breaking news coverage Fight Out is a revolutionary crypto platform that aims to change the fitness industry by incentivizing users to maintain their physical fitness. The company’s ongoing presale event has attracted a significant amount of investments, raising over $3.2 million so far.   The FGHT token, which serves as the utility token for Fight Out’s move-to-earn platform, is currently available for purchase at a price of $0.0166 during the first stage of the presale. Visiting the official website now and participating is, thus, seen as the best choice for many. However, investors should act quickly as the token’s price will increase in 12-hour intervals until March 31st, in less than a day.   By the end of the presale, the token will be valued at $0.0333 and get listed on cryptocurrency exchanges for the same. Industry analysts anticipate FGHT to be one of the top-performing crypto assets in 2023,...