The Digital Commodities Consumer Protection Act Closes ... -

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Digital assets, particularly NFTs, are poised to become a cornerstone of the metaverse economy as they underpin the "play to earn" (P2E) gaming model, where gamers are financially incentivized to play. This model contrasts with traditional gaming, where in-game assets lack real-world value. P2E allows players to earn cryptocurrencies within games, trade NFTs with other players, and monetize them through smart contracts. Shiba Inu (SHIB) Price Prediction | Global In/Out of the Money (GIOM) data | Source: IntoTheBlock The Digital Commodities Consumer Protection Act Closes ...NEAR Protocol on the CoinMarketCap website shared details of its upcoming event, Nearcon 2023. It is an event that aims to educate and inspire the attendees about the Near Protocol, a layer-1 blockchain that provides speed, scalability, and developer-friendliness. Bitmain, the world's leading manufacturer of Bitcoin mining machines, has surprisingly announced that it has suspended some of its employees' September salaries due to a lack of positive cash flow.

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To address difficulties with friction and scalability, Bastion developed a “smart transaction routing system,” Faizullabhoy says. “Essentially, the system routes anywhere from 70 to 90 percent plus of all interactions to be off-chain.” Meanwhile, Tether said last month that it has resumed lending out USDT to customers.Cardano (ADA) Regains Top Spot in Development Activity, According to Crypto Analytics Firm Santiment Bitcoin Is Slow: What Is the Fastest Cryptocurrency & Blockchain?The dominant platforms for Ordinals trading, measured by daily volume, are OKX, Unisat, and Magic Eden. The platforms claim market shares of 44%, 34%, and 20%, respectively. On the other hand, demand for Ordinals inscribed on rare satoshis is growing, enhanced by the introduction of massive infrastructures for assessing satoshi rarity and specialized marketplaces for rare sats. XRP (XRP) price is up today following news that Federal District Judge Analisa Torres of the Southern District of New York ruled against the United States Securities and Exchange Commission’s contention that XRP is a security. XRP immediately reached $0.55, but subsequently gave away part of the gains on Oct. 4.XRP token 4-hour index price, USD. Source: TradingViewRipple’s favorable court decision spurred mixed opinions from expertsIn an Oct. 3 court order, Judge Torres claimed that the matter did not require an order that “involved a controlling question of law,” which is an essential condition for approving an interlocutory appeal. This decision sparked a debate among crypto law experts in the community.Bill Hughes, a lawyer at blockchain firm ConsenSys, told Cointelegraph that the rejection of the SEC’s appeal was generally expected, given that appeals of this nature are not usual during this part of a trial. Similarly, Gabriel Shapiro, general counsel at Delphi Labs, warned XRP bulls to temper their enthusiasm, as the SEC could still appeal the case later. The regulator would need to wait until after the trial’s conclusion, which is scheduled to begin on April 23, 2024.Ripple gets approval for a Singapore digital payments licenseIn an Oct. 4 statement, Ripple announced that its local entity, Ripple Markets Asia Pacific, was granted a Major Payment Institution license for digital payment token services in Singapore. This decision will allow the company to continue operations in the city-state after receiving in-principle approval from the Monetary Authority of Singapore in June.According to Ripple, the license allows its subsidiary to further scale its On-Demand Liquidity service offering, an enterprise solution that uses XRP as a bridge between two currencies. This eliminates the need for prefunding of destination accounts and reduces operational costs.Ripple picked as a contender for Georgia’s CBDC pilotOn Sept. 28, the National Bank of Georgia (NBG) announced that nine companies, including Ripple, would take part in the research of its central bank digital currency (CBDC). Known as the digital lari, or GEL, the project aims to be programmable and support asset tokenization.The Eastern European country, with a population of 3.7 million, intends to launch a limited-access live pilot environment, where only one of the participating companies will be selected to move forward. The NBG announced that it was considering issuing a CBDC in May 2021, without providing a timeline for it.There was modest impact on XRP derivatives demandThe demand for XRP futures did not present meaningful changes, with the open interest — which measures the aggregate notional of contracts still in play — increasing by 13% versus the previous day. Furthermore, the current $590 million open interest falls short of the $794 million from one month prior.XRP futures open-interest weighted funding rate, 8-hour. Source: CoinglassNotice that the XRP futures funding rate has consistently stayed below 0.01% every eight hours, which is equivalent to 0.20% per week. Positive values indicate that long positions are covering the cost of leverage, but a funding rate below 1% per week is generally not considered expensive.Considering the inability to surpass the $0.54 mark, which would have been the highest level in six weeks, and the lack of demand for leverage through futures contracts, it’s reasonable to doubt whether the recent positive news flow has convinced investors that XRP is about to enter a bull run.This article does not contain investment advice or recommendations. Every investment and trading move involves risk, and readers should conduct their own research when making a decision.

“The focus is now on industrializing what we are doing by being involved in more events with more people where there is scope to drive and monetize engagement levels.” All in all, it’s clear that the newly-introduced Apple iPhone 15 Pro line will become a gaming powerhouse more than anything. The real question is how Web3 game developers can benefit from such advantages. Digital Assets|Internal Revenue ServiceThe pair could accelerate lower below the $27,000 support in the near term. Cartesi (CTSI) Price Attempts Breakout

Zero-knowledge rollups combine the various batches of transactions and post them to the blockchain, instead of sending each transaction data individually. The transactions will be posted along with proof that could verify the validity of that computation. The validity proofs that published the data on-chain could be either SNARKs or STARKs. Regardless of validity, the vilifying tweets encapsulate ongoing debates surrounding the massive power wielded by prominent crypto luminaries and institutions. What is the UK version of Bitcoin?While Faus is elated to have successfully gotten his film over the finish line with blockchain-backed financing, he believes the technology that facilitated the project’s realization can only take it so far, and cannot define its artistic quality. Understanding Gaming Tokens and Coins

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