Biden takes big step toward government-backed digital currency -

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In an effort to raise awareness and prevent others from falling victim to similar scams, Yyctrader recounted the sequence of events that led to his unfortunate predicament. He revealed that the scam began when he was approached by an individual claiming to represent FriendMEX, the trading platform for users. Similarly, dApps use the same front-end code that is supported on a website or mobile device for a user. However, a dApp’s back-end code is different and will provide much more in terms of a feature set. Once a developer has released the dApps codebase, others can build on top of it without the control of a single authority as it runs on a decentralized P2P network. A dApp supports a variety of industry applications, including those for self-executing financial contracts, multi-user gaming, and social media platforms. Biden takes big step toward government-backed digital currencyEthereum, the second-largest cryptocurrency by market capitalization experienced a significant downturn by hitting $1,551, nearing a seven-month low. This drop comes after a challenging week in which it declined by over 8%. The Ethereum community is reeling from this shock, especially considering that ETH began October by breaking the resistance level of $1,700, only to find itself under intense bearish pressure now. This kind of commitment by Buterin most likely goes to show his conviction in the future of the ecosystem that he helped create. In a very direct way, his net worth largely depends on how Ethereum fares in the market over the long run — unless he decides to jump ship in what would likely be seen as a major bearish sign.

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What we do want is to feed into those experiences, helping grow the existing scene by opening it up to many more players, brands and publishers. For teams and brands, Ultra Arena will nurture more esports fans and provide more ways to activate fans pre and post-event with the help of blockchain technology. This could be unlocking access to an exclusive in-game digital collectible through attending the event itself or sponsor-branded skin being airdropped to you for watching on Twitch. Extending fan engagement will ultimately add value for all key stakeholders and support the journey to sustainable profitability. Users who authenticated transactions on a phishing site on Oct. 6 were affected, Galxe said in a letter to users. The hack lasted just over five hours. How To Buy Ethereum (ETH) on eToro With Credit/Debit ...Cryptoadz It is currently approaching the long-term support/resistance level at $4200 (green line). At the same time, this is the area of the standard correction at the 0.382 Fib retracement.

Tokenization platform Brickken is holding a competition for indie developers — allowing them to raise capital, attract a new audience of engaged players and accelerate their projects.For years, crowdfunding has been the go-to for game builders looking to make a splash and secure investment for their big idea, and it continues to enjoy significant demand within the game industry.Statistics from Kickstarter reveal that gaming is still the most popular category for crowdfunding campaigns. A total of 80,163 projects have launched after securing $2.27 billion in investment.But gaining traction and achieving milestones has gotten more complicated as the market reaches saturation — with even the most promising titles struggling to stand head and shoulders above the competition.This is where tokenization comes into play and turns gamers into stakeholders.The benefits of tokenizationBefore tokenization, a significant barrier to entry for potential investors in emerging gaming projects was the minimum investment required. To make matters worse, those who contributed might not receive much incentive in return.Tokenization transforms all of this — by automating and token-gating these processes. It opens the door to fractional ownership, meaning gamers on all budgets can take a stake in the projects they’re passionate about. Developers also have an opportunity to give backers a seat at the table — allowing them to vote on key milestones that’ll alter the course of the project in the months and years to come. Communication channels can be walled off to those who have made a contribution too, enabling them to tap into exclusive perks and content.Moreover, tokenization is a marketing powerhouse for both players and game developers. Players become stakeholders, motivated to promote and engage with their favorite games actively, and tokenized assets further fuel their involvement. For developers, it's a community-building tool that incentivizes player engagement. The result is a more inclusive, efficient, and engaging ecosystem that benefits both developers and gamers alike.As Felix Tejland, chief marketing officer at tokenization solution provider Brickken, points out, crowdfunding has played a pivotal role in bringing our most beloved games to market.“Asset tokenization is the evolution of that, introducing a participatory aspect in which the early adopters can be properly incentivized to boost awareness and help in marketing the game.”Unlocking the futureNow, the Brickken Gaming Awards have launched — allowing budding developers to showcase their creations in exchange for the chance to supercharge their ideas like never before. Successful applicants have the potential to win free tokenization and a marketing package worth $10,000.Source: BrickkenThe project says this can give imaginative games massive exposure and sponsorship opportunities, all while cultivating contacts with fellow developers and enthusiasts.After filling out a participation form, applicants who advance to further rounds will be tasked with pitching their game in a live broadcast — paving the way to a final where prizes will be awarded.Ever since smartphones challenged the dominance of game consoles, there’s been a golden opportunity for cutting-edge titles to make a huge impact — and reach emerging economies that were once out of reach. Brickken now believes that tokenization could take fundraising and audience engagement to the next level.Learn more about Brickken Gaming AwardsDisclaimer. Cointelegraph does not endorse any content or product on this page. While we aim at providing you with all important information that we could obtain in this sponsored article, readers should do their own research before taking any actions related to the company and carry full responsibility for their decisions, nor can this article be considered as investment advice. Web3 role-playing adventure game Big Time is emerging from a year-long testing phase and expects to go live in early October. A step-by-step guide to crypto market technical analysisGoogle Cloud’s BigQuery is a fully-managed, serverless data warehouse that enables fast SQL queries using the processing power of Google’s infrastructure. It allows users to analyze large datasets in real-time by leveraging the power of Google Cloud’s infrastructure and machine learning capabilities. As part of its extensive suite of tools, BigQuery provides seamless integration with various data visualization tools and easy data importing from multiple sources. Over the years, this endeavor has consistently adapted to cater to the dynamic needs of the burgeoning Web3 community. "DeFi should expand far beyond a few thousand power users," Reserve told The Block via email. "Base’s lower fees will enable people who are interested in using yield bearing stablecoins to actually use them without having all benefits wiped out by gas costs."

The blockchain research firm says that the North Korean hacking organization, the Lazarus Group, is responsible for nearly 13% of the total funds laundered through cross-chain and cross-asset protocols. The Pudgy Penguins is among the best NFT collections crypto realm ever since they announced the launch of their Toy collection across 2000 different Walmart stores. From their inception, Pudgy Penguins already generated more than $400 million in transaction volume, according to a report by Coingape earlier this week. The surge in Pudgy Penguin prices amidst the ongoing NFT market slump may benefit the Pudgy World collections. Buy Tether-Purchase USDT InstantlyFRAX is in the process of deploying a raft of “Frax v3” products, and today is launching sFRAX, or “staked FRAX,” alongside a bond product that converts to FRAX’s stablecoin on maturity. Frax founder Sam Kazemian told Blockworks that starting Monday, users will be able to deposit sFRAX and receive 10% yield — which would then shrink to around 5.4%, the Fed’s current IORB rate. Litecoin, like Bitcoin, has a maximum supply limit. There will never be more than 84 million Litecoins in existence, which is four times the supply cap of Bitcoin. This scarcity is frequently considered one of the elements contributing to the value proposition of Litecoin.

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