Day: May 16, 2025

Crypto gaming interest drops in April, overall ecosystem healthier: DappRadar

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Blockchain gaming user activity dipped and funding slowed in April, but the overall ecosystem is healthier and maturing, according to blockchain analytics platform DappRadar. User activity dropped 10% over April, with blockchain gaming reaching a 2025 low of 4.8 million daily Unique Active Wallets, DappRadar analyst Sara Gherghelas said in the platform’s April Games Report. Gaming dominance over the decentralized app industry also fell and is now tied with decentralized finance at 21%.  Gherghelas said it’s clear user attention is shifting away from gaming, but under the surface, new infrastructure…

Starknet hits ‘Stage 1’ decentralization, tops ZK-rollups for value locked

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Ethereum layer-2 scaling platform Starknet has reached a decentralization milestone laid out by Ethereum co-founder Vitalik Buterin and is now the largest zero-knowledge rollup-based network by total value locked. Starknet said in a press release shared with Cointelegraph that it has hit “Stage 1” decentralization, according to a framework Buterin laid out in 2022, which means the network operates with limited oversight or “training wheels.” Starknet added that the framework was the “gold standard onchain tool for analyzing Ethereum scaling solutions,” and said it achieved the milestone through changes such…

Stablecoin bill passes in Northern Marianas as House overrides veto

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The Pacific US territory of the Northern Mariana Islands has passed a bill allowing its small constituent island of Tinian to launch a stablecoin, overriding an earlier veto by the territory’s governor. The 20-member Northern Mariana Islands House voted 14-2 to undo Governor Arnold Palacios’ April 11 veto of the bill, which allows the Tinian local government to issue licenses to internet casinos and includes a provision for the Tinian treasurer to issue, manage and redeem a “Tinian Stable Token.”  The territory’s nine-member Senate had revived the bill on May…

BNB Price Finds Its Footing — Can Bulls Ignite the Next Leg Up?

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Aayush Jindal, a luminary in the world of financial markets, whose expertise spans over 15 illustrious years in the realms of Forex and cryptocurrency trading. Renowned for his unparalleled proficiency in providing technical analysis, Aayush is a trusted advisor and senior market expert to investors worldwide, guiding them through the intricate landscapes of modern finance with his keen insights and astute chart analysis. From a young age, Aayush exhibited a natural aptitude for deciphering complex systems and unraveling patterns. Fueled by an insatiable curiosity for understanding market dynamics, he embarked…

Crypto’s lack of ‘frothy use case’ a good sign: WisdomTree exec

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Jason Guthrie, head of product at asset manager WisdomTree, says he’s optimistic despite a noticeable lack of hype that typically comes along with a crypto bull run.  There hasn’t been a “really frothy use case that has typically driven these market cycles previously,” such as initial coin offerings (ICOs), non-fungible tokens (NFTs), or DeFi lending, Guthrie told Cointelegraph at Consensus. “This time, we’ve continued to see the asset class gathering value, we’ve continued to see the companies that are built on this technology, growing revenue, growing client bases, continuing to…

DOJ charges 12 more gamer-turned $263M Bitcoin robbers

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Another 12 people have been charged for their involvement in a $263 million crypto crime spree that stole 4,100 Bitcoin from a Genesis creditor last August, along with a string of break-ins and money laundering.  The 12 new names, included in a superseding indictment, add to charges originally brought against the main defendant in the case, Malone Lam, on Sept. 19, 2024, the Department of Justice noted in a May 15 statement. Jeandiel Serrano was named a defendant in the initial indictment but was not included in the superseding one.…

Grok ‘white genocide’ rant due to unauthorized prompt change: xAI

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Elon Musk’s artificial intelligence firm xAI has blamed an “unauthorized modification” to the Grok chatbot’s response, causing it to generate responses mentioning political and racial tensions in South Africa.  On May 16, xAI provided an update on the Grok AI chatbot’s inflammatory responses, stating that on May 14, “an unauthorized modification was made to the Grok response bot’s prompt on X.” “This change, which directed Grok to provide a specific response on a political topic, violated xAI’s internal policies and core values,” it added. The firm stated that it had…

XRP Price Sinks Lower, But Chart Whisperers See a Trap for The Bears

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Aayush Jindal, a luminary in the world of financial markets, whose expertise spans over 15 illustrious years in the realms of Forex and cryptocurrency trading. Renowned for his unparalleled proficiency in providing technical analysis, Aayush is a trusted advisor and senior market expert to investors worldwide, guiding them through the intricate landscapes of modern finance with his keen insights and astute chart analysis. From a young age, Aayush exhibited a natural aptitude for deciphering complex systems and unraveling patterns. Fueled by an insatiable curiosity for understanding market dynamics, he embarked…

Ethereum Price Holding Strong — Signs Point to a New Upside Breakout

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Reason to trust Strict editorial policy that focuses on accuracy, relevance, and impartiality Created by industry experts and meticulously reviewed The highest standards in reporting and publishing Strict editorial policy that focuses on accuracy, relevance, and impartiality Morbi pretium leo et nisl aliquam mollis. Quisque arcu lorem, ultricies quis pellentesque nec, ullamcorper eu odio. Este artículo también está disponible en español. Ethereum price corrected gains and tested the $2,500 zone. ETH is now again rising and might soon aim for a move above the $2,600 zone. Ethereum started a correction…

Bitcoin Price Looks Upward — Is the Next Leg Higher Starting?

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Reason to trust Strict editorial policy that focuses on accuracy, relevance, and impartiality Created by industry experts and meticulously reviewed The highest standards in reporting and publishing Strict editorial policy that focuses on accuracy, relevance, and impartiality Morbi pretium leo et nisl aliquam mollis. Quisque arcu lorem, ultricies quis pellentesque nec, ullamcorper eu odio. Este artículo también está disponible en español. Bitcoin price started a fresh increase and cleared the $103,500 zone. BTC is now consolidating and might aim to clear the $105,000 zone. Bitcoin started a fresh upward move…