• Coinscribble / ThunderCore has partnered with Yield Guild Games Southeast Asia (YGG SEA) to launch a developer program for blockchain-based games and virtual worlds.
• This partnership is a commitment to bridge the South East Asia developer talent into Web3 and attract global Web3 talent into the region.
• ThunderCore provides a scalable and fast infrastructure for DApps, while YGG SEA is a gaming guild with strong grass roots presence, connecting and engaging with its community members in the SEA market.
Coinscribble and ThunderCore have announced their partnership with Yield Guild Games Southeast Asia (YGG SEA), the largest blockchain gaming guild in Southeast Asia, to develop a new program that aims to take advantage of the growing demand for blockchain-based games and virtual worlds. This collaboration is an effort by both companies to provide developers from around the world access to this emerging technology in the South East Asian market.
The program will allow developers access to YGG SEA’s massive reach in the region as well as ThunderCore’s user retention skills, enabling them to enter the South East Asian market effectively. It will also give users of YGG SEA more than just playing games within the metaverse; providing go-to-market access for Blockchain game developers in this area. To date, YGG SEAs has over 80 games, 175K community members, and deployed 20,000 scholarships.
ThunderCore provides a secure infrastructure for decentralized applications (DApps). It also excels at acquiring and retaining new users due to its entertainment-first approach which has been seen on DappRadar where it frequently clocks over 100,000 daily active users (DAU). This proven ecosystem retention mechanism will help developers retain players who join their platform or game through it’s fast and secure infrastructure making it perfect for high performance Dapps required for blockchain gaming such as Axie Infinity which was pioneered by the region in 2021/2022.
South East Asia is an important part of global economic growth and is becoming increasingly popular among Web3 communities like Axie Infinity. The partnership between Coinscribble/Thundercore and YGG Sea is expected to further accelerate this trend by making it easier for developers from around the world gain access to this emerging technology within this region of the world.
The partnership between Coinscribble/Thundercore with Yield Guild Games Southeast Asia demonstrates their shared commitment towards bridging global web3 talent into South East Asian markets while giving gamers more than just playing options thanks to its go-to-market access granted through using these two platforms together. Furthermore, thanks to its battle tested fast & secure infrastructures along with its user retention capabilities; both platforms are perfectly positioned towards supporting high performance dapps essential towards powering blockchain based video games & virtual reality worlds today & in future years ahead!
• ChainwireMassive Gaming, NEOWIZ’s overseas affiliate, has launched House of Slots on 6th March.
• House of Slots is a social casino game that combines Web3-based Play and Earn content and blockchain technology.
• The game utilizes USDC, a stablecoin fixed to the value of the US dollar, to ensure stability in value for users playing various social casino games.
ChainwireMassive Gaming, NEOWIZ’s overseas affiliate, successfully launched House of Slots on March 6. This social casino game combines Web3-based Play and Earn content and blockchain technology with over 80 different slot machine games for a realistic and fair gaming experience.
Before launch, users received a token airdrop with further reward opportunities to follow through the Play and Earn system integrated into House of Slots. These rewards are unlocked in the game’s decentralized economy and generate more value from their playing time. The Play and Earn system will see users paid in USDC as a reward, ensuring stability in value thanks to being fixed to the value of the US dollar.
Users who own NFTs will receive more valuable rewards during the “NFT Holder” limited-time event after launching. Players can unlock additional reward benefits by completing missions in House of Slots as well as reliving their big wins on the Discord server or by learning about upcoming events on the project’s Medium page.
Information regarding House of Slots-related airdrops and free NFT minting events can be received via Discord, Twitter, and Telegram while links to the airdrop page can be found on Gleam. Users who would like to participate in each event must first install IntellaX wallet in order to receive rewards which can be done through simple registration or email linkage making it easy for anyone to participate .
Massive Gaming is an affiliate of NEOWIZ focused on production based around blockchain technology that aims at creating innovative services including web3-based games such as House of Slots for global users looking for a fair gaming experience with real world rewards!
• The Royal Cubs is an Ethereum-based non-fungible tokens (NFT) collection launched in January 20th, 2022.
• It has 8,887 items for sale currently and 3379 owners within 401 days of release.
• Its market capitalization is 121.27 ETH, with an average price of 0.18 ETH per item sold and payment tokens of ETH and WETH.
The Royal Cubs is a non-fungible tokens collection built on the Ethereum network launched in 20 January, 2022. 8,887 items of the The Royal Cubs collection can now be viewed at OpenSea.
The total number of owners has reached 3379 within 401 days since its release.
The market capitalization of The Royal Cubs NFT collection is 121.27 ETH. Since created the The Royal Cubs, 8,980 collections sales were made at an average price of 0.18 ETH (~$288.83 at the time of writing). This created a total volume in 1,623.784 ETH. The floor price of The Royal Cubs is 0.0155 and the 30-day trading volume is kept at 0.68 ETH .The payment tokens of the The Royal Cubs collection are ETH, WETH..
NFTs are very new to the blockchain ecosystem and are still in their infancy which means there is no historical data or precedence that can assist in determining the value of an NFTs . NFT projects that started at the beginning of the market boom have garnered legitimacy purely because they had a first-mover advantage while some NFTs can be considered digital art , created by an artist who recognizes the value NFTs can add to creative space while others have been made purely out greed and need to exploit immense market growth often having no value .
It is difficult to determine whether NFTs from the The Royal Cubscollection are overpriced or underpriced due to its emerging market status with no historical data or precedence that can guide such assessment . Its price also depends on how it’s developed and promoted by its creators and community .
• This week’s crypto news was dominated by SEC and other regulatory actions. Bitcoin fell 11.5% in value, while Ethereum blocks comply with OFAC orders.
• DeFi protocols such as Platypus, Tornado Cash, and dForce were hit by flash loan attacks resulting in millions of dollars worth of losses.
• Technology developments included the Bank of Russia launching a consumer pilot program for its Central Bank Digital Currency (CBDC), Polygon setting a date for its zero-knowledge Ethereum Virtual Machine (zkEVM) beta launch, Siemens issuing a digital bond on a public blockchain, and Matter Labs rebranding its ZK roll-up platform zkSync 2.0.
Bitcoin fell from $24,300 down to $21,500 in around nine days, which equates to an 11.5% fall in value. Ethereum blocks comply with the orders issued by the United States Office of Foreign Asset Control (OFAC) and have dropped to 47%, the lowest since October 11, 2022.
The DeFi protocol Platypus has been the target of the latest flash loan attack, which has resulted in a loss of funds worth $8.5 million. The developer of Tornado Cash, Alexey Pertsev, looks set to remain in the custody of Dutch authorities until at least the next hearing of the ongoing trial. Additionally, DeFi protocol dForce suffered a loss of over $3.6 million due to a reentrancy attack executed on the Arbitrum and Optimism chains.
The Bank of Russia is set to roll out the first consumer pilot program for its Central Bank Digital Currency (CBDC) as early as April 1st 2023 . Ethereum Layer-2 scaling solution provider Polygon announced that their zero-knowledge Ethereum Virtual Machine (zkEVM) beta launch will go live on March 27th 2023 . Meanwhile engineering company Siemens issued a $64 million digital bond on a public blockchain claiming it was much faster than traditional channels . Lastly Matter Labs also announced their rebranding and opening up their mainnet for developers on their ZK roll-up platform zkSync 2.0 .
The Celsius Network committee proposed selling itself off to NovaWulf Digital Management after facing bankruptcy allegations from creditors . A bankruptcy judge has rejected calls for an independent investigation into FTX’s collapse , while U.S Consumer Price Index data revealed only minor drops not as far as expected leading to more crypto turbulence . Wirex also signed a long term partnership with Visa allowing them to issue crypto enabled debit cards in 40 countries starting with UK .
Ripple Labs pledged one million dollars worth XRP towards earthquake relief efforts taking place currently in Turkey and Syria
• Aptos Labs has made an equity investment in the short video app, Chingari.
• Chingari is adopting the Aptos blockchain as its preferred Layer 1 network for speed, safety and scalability.
• The social media app is pushing for decentralized social media where users have more control over the platforms.
Aptos Labs, the parent company behind the Aptos blockchain, recently made an equity investment in the social media app, Chingari. The latter will be adopting Aptos as its preferred Layer 1 blockchain to support their millions of users and onboard new ones in the future.
The Aptos blockchain uses Move programming language built on top of Rust, which is also used by Solana blockchain. This allows Chingari to benefit from speed and scalability without compromising on security. Mo Shaikh, Co-founder and CEO of Aptos Labs commented on this collaboration between both companies.
Chingari was founded back in 2018 with a similar platform model to that of TikTok’s. It has since adopted several web3 functionalities such as launching their own NFT collection on Solana and creating their own native token GARI on the same network. With GARI creators can vote on governance and be compensated accordingly based on a create-to-earn model while also having access to Creator Cuts, a marketplace exclusive to Chingari clips where they can mint and sell video NFTs from video clips uploaded to the platform. This move towards decentralization gives users more control over these platforms compared to traditional web2 models.
Several Solana developers have moved to Apto due to technical challenges experienced with their previous chain. CEO Sumit Ghosh believes that this is not only because of technical benefits but also because they are hiring talent at a time when other Web3 companies are downsizing or laying off employees en masse due to financial constraints caused by pandemics such as Covid 19 across many industries worldwide .
Chingari has already raised over $88 million from prominent VC names such as Kraken, Republic Crypto, Galaxy Digital among others all within Web3 space proving that investments into it are still strong despite current economic conditions globally . They plan on launching their newer version of the app in early Q2 2023 which will be hosted on top of Apto’s L1 Blockchain .
• BNB price found support near $300 against the US Dollar and rallied above $320.
• The bulls were active and pushed the price above the $310 and $312 resistance levels.
• BNB is now trading above $320 and the 100 simple moving average (4-hours).
Binance coin price started a steady increase from the $300 support against the US Dollar. The price is now trading above $320 and the 100 simple moving average (4-hours). There was a break above a major contracting triangle with resistance near $320 on the 4-hours chart of the BNB/USD pair (data source from Binance).
This past week, BNB price formed a support base above the $300 level. The bulls were active and they were able to pump the price above the $310 and $312 resistance levels. The price is up over 5% in a day and there was a move above the $320 resistance. Besides, there was a break above a major contracting triangle with resistance near $320 on the 4-hours chart of the BNB/USD pair.
If BNB fails to clear the $335 resistance, it could start a downside correction. An initial support on
• Polkadot’s DOT has started a fresh increase from its $5.60 support against the US Dollar.
• The price is trading nicely above the $6.00 support and the 100 simple moving average (4-hours).
• The pair could start a strong rally once it clears the $6.40 and $6.50 resistance levels.
Polkadot’s digital token DOT has started a fresh increase from its $5.60 support against the US Dollar. The bulls were able to push the price above the $6.50 level and the 100 simple moving average (4-hours). Currently, the price is trading nicely above the $6.00 support, indicating that the bulls are in control.
The buyers have been trying to push the price above the $6.50 resistance level. However, the bulls have been struggling to gain momentum above the $6.50 level. Recently, there was a move below the 50% Fib retracement level of the upward move from the $5.59 swing low to $6.82 high. The bulls are protecting the $6.15 support zone and the 61.8% Fib retracement level of the upward move from the $5.59 swing low to $6.82 high.
There is also a major bullish trend line forming with support near $6.05 on the 4-hours chart of the DOT/USD pair. The bulls are also protecting the $6.00 support and the 100 simple moving average (4-hours). An immediate resistance is near the $6.40 level. If the bulls can break the $6.40 and $6.50 resistance levels, the price could start a strong rally. The next key resistances are near $6.65 and $6.80.
On the downside, the $6.15 support zone is an initial support. If the price fails to stay above the $6.15 support, there is a risk of a downside break below the $6.00 support. The next key support is near the $5.60 level, below which the price could slide sharply towards the $5.00 support level.
Overall, DOT is trading with a positive bias above the $6.00 support. The bulls could gain strength once they break the $6.40 and $6.50 resistance levels. However, a clear break below the $6.00 support could lead to a strong decline towards the $5.60 or $5.00 support levels.
• Decentraland’s native token, MANA, has gained 17.59% in the last 24 hours.
• MANA has grown by 95% in the last month and has been in the green for 14 of the previous 16 days.
• The recent U.S. economic data is the reason why the increase in MANA price.
The cryptocurrency market has seen a strong performance since the start of the new year and Decentraland’s native token, MANA, has been among the most successful tokens. In the last 24 hours, MANA has gained 17.59%, making it one of the top 100 cryptocurrencies. This is a stunning achievement considering that the token has grown by 95% in the last month and has been in the green for 14 of the previous 16 days.
The recent U.S. economic data is the driving force behind the increase in MANA price. According to data released last week, US inflation has been trending downward over the past few months. From its all-time high of 9.1% in 2022 down to 6.5% in December of that year, the Bureau of Labor Statistics reports a dramatic decline in the consumer price index (CPI) for the United States. This data suggests that the efforts of the U.S. Federal Reserve (Fed) to bring down inflation are working and the market is feeling more optimistic as the chances of a monetary policy pivot are increasing.
The bullish sentiment in the crypto markets is also driven by positive macroeconomic news. The US government released its monthly jobs report which showed an increase in employment and wages. This is a sign of a strong economy and the cryptocurrency market is reacting positively to this news.
Investor confidence in the crypto markets is also increasing as the Biden administration has promised to increase the U.S. dollar’s purchasing power. This could lead to a currency devaluation which could be a major boon for cryptocurrencies as it would increase demand for digital assets as a store of value.
In addition, Decentraland has been making significant progress with its virtual world platform. The platform has seen an increase in users and the introduction of new features such as the ability to create and trade virtual land parcels. This is creating an ever-growing user base and is likely to drive up demand for MANA as the platform continues to evolve.
As more investors become aware of the potential for Decentraland and its native token MANA, demand for the token is likely to increase. If the U.S. economic data continues to be positive, investor sentiment is likely to remain strong and MANA could continue its upward trend.
• The Terra Classic (LUNC) network recently integrated with Interchain Station to boost its price.
• The sudden collapse of Terra LUNA caused a cascade effect across the crypto industry, leading to the bankruptcy of several firms.
• Jared, lead developer at Terraform Labs, announced that the Terra Network will partner with other blockchains, including SEI, Juno, Osmosis, Mars, Pisco, and many more.
The blockchain network Terra recently suffered a collapse, causing a ripple effect throughout the crypto industry that led to the bankruptcy of several firms. In an effort to revive the network, developers have implemented a number of reforms. One of the most recent reforms was the integration of the Terra Classic (LUNC) network with Interchain Station. This news boosted the price of LUNC and provided some hope for the network’s recovery.
Lead developer at Terraform Labs, Jared, announced that the Terra Network was going to partner with a number of other blockchains to provide cross-chain communication and protection. These blockchains include SEI, Juno, Osmosis, Mars, Pisco, and many more. He also stated that the team was working on launching the wallet on mobile devices.
Despite the integration and reforms, there are still some unanswered questions surrounding the collapse of Terra LUNA. Many believe that it was a rug pull scheme by Do Kwon, founder of Terraform Labs, which was used to steal people’s money. Do Kwon and other executives are currently being sought by South Korean prosecutors.
The integration of Interchain Station and the announcement of partnerships with other blockchains is a step in the right direction for the Terra Classic network. It is hoped that these reforms will help to restore the network and help investors recover from the losses they incurred from the Terra implosion. As the team continues to work on launching their wallet on mobile devices, we can expect to see more features and integrations that will help protect the network and ensure its longevity.
It is possible to produce new Bitcoin Cash (BCH) and confirm and execute transactions on the Bitcoin Cash network through mining. Miners utilize specialized gear to solve challenging riddles that validate Bitcoin Cash transactions in order to earn Bitcoin Cash. “Proof-of-work” (PoW) is the term for this procedure, while “mining gear” is the technical term for the equipment needed to mine Bitcoin Cash.
What is mining ?
Verifying transactions on the Bitcoin Cash network is done through mining. Bitcoin Cash transactions are verified and validated by miners using specialized technology to solve difficult puzzles known as “hashes.” For each block they successfully mine, miners earn freshly minted Bitcoin Cash (BCH) as payment.
The Benefits of Mining with Bitcoin Cash Comparing Bitcoin Cash to other cryptocurrencies, there are various benefits. As a proof-of-work cryptocurrency, it rewards miners for their efforts in validating and verifying transactions on the Bitcoin Cash network. This is the first advantage. In addition, Bitcoin Cash has a higher block size limit than Bitcoin, enabling reduced fees and quicker transaction speeds.
Miners need specialized mining hardware in order to mine Bitcoin Cash. ASICs (application-specific integrated circuits) or GPUs make up this hardware (graphics processing units). ASICs are specialized devices made just for mining Bitcoin Cash. Additionally, you may trade Bitcoin Cash with Today Profit in a secure manner. In contrast, GPUs are multipurpose processors that can mine a variety of cryptocurrencies.
You must set up a mining equipment before you can start mining Bitcoin Cash. A computer setup created exclusively for mining Bitcoin Cash is known as a mining rig. Typically, it consists of ASICs and several graphics cards coupled to a single motherboard. In order to start mining, you will also need to install mining software on your rig.
Any effective Bitcoin Cash mining business relies on mining equipment. They offer the computing power required to crack difficult riddles and validate transactions on the Bitcoin Cash network. It’s crucial to use dependable and energy-efficient components while constructing a mining rig.
In mining rigs, graphics cards are the most often utilized parts. They are not as strong as ASICs, but they are still capable of mining Bitcoin Cash and other cryptocurrencies. It’s crucial to take into account a graphics card’s power consumption, hash rate, and price while choosing one.
ASICs are specialized devices made just for mining Bitcoin Cash. They are the most effective choice for mining Bitcoin Cash since they are significantly more powerful than GPUs and use less electricity. A trustworthy and economical ASIC should be chosen because they are also somewhat pricey.
Users that engage in cloud mining can rent mining equipment from a third-party service. Users may mine Bitcoin Cash without the inconvenience of having to buy, install, and maintain mining equipment thanks to this. However, cloud mining is often less profitable and more expensive than operating a mining machine.
Users may earn bitcoin by engaging in the satisfying and profitable activity of mining Bitcoin Cash. ASICs or GPUs, or other specialized mining gear, must be available to miners in order to do this. In order to start mining Bitcoin Cash, miners also need a mining setup and mining software. Mining Bitcoin Cash may be a profitable endeavor with the appropriate setup.