Cryptocurrency
Ongoing coverage on Cryptocurrency.
Latest coverage
Evening Legal Briefs
The US has frozen $344 million in cryptocurrency reportedly linked to Iran. Additionally, the DOJ is supporting xAI in its lawsuit against Colorado, with Elon Musk also involved in legal proceedings.
Best TradeFi Tools in 2026: Smarter Crypto Access for Everyday Users
The article analyzes the emergence of TradeFi platforms that allow users to trade traditional assets like stocks and commodities using cryptocurrency as collateral, bypassing traditional brokerage accounts. It highlights a developer's criteria for evaluating these tools, focusing on collateral flexibility, asset breadth, entry minimums, onboarding speed, and risk management, with BYDFi presented as a case study.
Report Says 93% of Crypto Games are Dead
The Web3 gaming sector is experiencing a significant downturn, with an estimated $15 billion lost and 93% of GameFi projects becoming inactive. Token values have dropped by approximately 95%, and over 300 blockchain-based games have ceased operations, indicating a fundamental flaw in prioritizing financial gains over player satisfaction. This decline highlights the volatility and challenges of merging cutting-edge technology with traditional gaming models.
Ronin Shifts to Ethereum on May 12, Unveils New Rewards
The Ronin network is set to integrate with Ethereum as a Layer 2 solution on May 12, significantly reducing RON token inflation from over 20% to under 1%. A new reward system, Proof of Distribution, will allocate RON based on builders' on-chain activities like NFT volume and gas spend. The migration will involve approximately 10 hours of downtime for key on-chain operations.
Tesla (TSLA) Bitcoin holdings fell 22% to $786 million at the end of Q1 2026
Tesla's Bitcoin holdings decreased by 22% to $786 million by the end of the first quarter of 2026. This reduction in value is attributed to the overall drop in Bitcoin's market price during the same period.
Evening Legal Briefs
The Trump family's cryptocurrency firm is facing a lawsuit alleging extortion. The legal action was reported by the BBC, highlighting potential financial misconduct within the family's business ventures.
Audiera Incorporates BEAT Token with Alchemy Pay to Boost Web3 Gaming
Audiera has integrated its BEAT token with Alchemy Pay's payment gateway to simplify global user access to its Web3 platform. This partnership allows for easy conversion from fiat currencies to the BEAT token, supporting payments in 173 countries via methods like Visa and Mastercard, thereby enhancing user accessibility to Audiera's entertainment and gaming ecosystem.
Enjin Coin Increases from $0.029 to $0.074
Enjin Coin (ENJ) experienced a significant price surge, rising from $0.029 to $0.074, driven by a substantial short squeeze indicated by a 214% increase in open interest and a 21-fold rise in trading volume. This rally is further supported by Enjin's ongoing development of blockchain infrastructure for the gaming and metaverse sectors, including enhancements to NFT tools and increasing adoption by developers.
XOCIETY Ends Live Service and Web3 Operations Amid NDUS Acquisition Considerations
XOCIETY has temporarily suspended its live service, game access, and web3 operations as its developer, NDUS Interactive, explores strategic alternatives including potential acquisitions. While NFTs can be managed freely and the $XO token remains active, its expansion is paused. The decision stems from sustainability concerns and broader challenges within the web3 gaming sector.
The best crypto gaming: Finding reliable platforms that let you play safely - Walkthrough, Tips, Review
This guide helps players find reliable and safe cryptocurrency gaming platforms by outlining key considerations. It emphasizes the importance of checking licensing from reputable authorities like Curacao eGaming or UKGC, ensuring full cryptocurrency support including popular coins like Bitcoin and Ethereum, and examining the variety and software providers of available games. The article also warns against unrealistic bonuses and poor website design as red flags for potential scams.
Steve Aoki Sells $30K in Crypto, Keeps Bored Apes Holdings
Music artist Steve Aoki has reportedly sold approximately $30,000 worth of SHIB and ETH cryptocurrencies to Gemini, while retaining his holdings of seven Bored Ape NFTs. These NFTs, initially purchased for over $800,000, are now valued at around $96,000, reflecting a significant downturn in the NFT market. Aoki's recent financial moves suggest a shift towards a more cautious approach in his digital asset strategy.
NFT Pricing Trends Shift Away from ETH in Crypto Market
The Non-Fungible Token (NFT) market is shifting its primary pricing strategy from Ethereum (ETH) to the U.S. Dollar (USD). This change is attributed to ETH's volatility and a desire for greater stability and familiarity, potentially aligning the crypto market more closely with traditional financial systems.
Chainwire Takes Top Spot in ‘Best Crypto NewsWire’ Category at the ADVFN 2026 Awards
Chainwire has been awarded 'Best Crypto NewsWire' at the 2026 ADVFN International Financial Awards, highlighting the growing need for targeted media distribution in the blockchain industry. The award reflects a shift towards specialized platforms that connect companies with crypto-native publishers and financial data systems, moving away from traditional broad distribution models.
Myria Halts L2 Node Operations, Shifts to Ethereum L1, Sets April 27 Asset Bridging Deadline
Myria is ceasing its Layer 2 node operations to transition to Ethereum Layer 1, announcing the change via Twitter. Node operators must manually bridge their assets from L2 to L1 by April 27, 2026, to avoid permanent loss, as Myria cannot assist with the process. Accrued node emission tokens will be distributed to L1 wallets within three to five business days, amidst a significant decline in MYRIA token value.
Moku Grand Arena Introduces App Token for Web3 Gaming
Moku has introduced a new in-game token called bRON for its game Grand Arena, following similar initiatives by Pixels and Axie Infinity. This move utilizes Limit Break's Apptoken standard (ERC-20C) to control speculative volatility and enhance player engagement. The bRON token is pegged 1:1 to RON tokens and is exclusively for in-game use, obtainable through various methods including airdrops and gameplay victories.
How Payment Preferences Differ Between U.S. And Canadian Online Players
Online payment preferences significantly differ between U.S. and Canadian players, with Canadians favoring faster, more integrated domestic systems like Interac e-Transfer, while U.S. players often face slower bank approvals and lower credit card completion rates. The article highlights the growing importance of digital wallets and cryptocurrency in gaming transactions, driven by mobile-first strategies and a desire for privacy and speed, with regulated markets like Ontario showing strong growth in iGaming.
Morning Legal Briefs
US victims lost approximately $21 billion to cybercrime last year, with cryptocurrency and AI-related complaints being particularly costly, according to the FBI. The article also briefly mentions a legal dispute involving the James Bond intellectual property.
US victims lost nearly $21 billion to cybercrime last year says FBI with crypto and AI 'complaints among the…
The FBI reported that US victims lost nearly $21 billion to cybercrime in 2025, with cryptocurrency and artificial intelligence-related complaints being among the costliest. Over one million complaints were filed, a nearly 20% increase from the previous year. AI-led scams, including deepfake impersonations and sophisticated phishing attempts, are becoming increasingly prevalent and effective.
Japans 12 Million Crypto Users Propel Web3 Gaming Growth
Japan's gaming industry is experiencing significant growth in Web3 gaming, fueled by over 12 million cryptocurrency users and a favorable regulatory environment. Major companies like Square Enix, Sega, Bandai Namco, and Konami are investing heavily in blockchain technology, aiming to leverage the nation's strong intellectual property in anime and manga. The government is also working towards a flat 20% tax rate on cryptocurrency gains by 2026 to further bolster the sector.
Why a Crypto Casino Online Is Redefining Modern Gaming - Unigamesity
This guide outlines key factors for selecting a secure online casino and sports betting platform in 2026. It emphasizes the importance of licensing, robust cybersecurity, transparent terms, diverse game selection from reputable providers, and responsive customer support. The article also highlights the need for fair wagering requirements, efficient payment processing, device compatibility, and a strong commitment to responsible gambling practices.
