Ein betrügerisches Krypto-Projekt wirbt mit einem Deepfake von Elon Musk, woraufhin dieser klarstellt, dass er nicht in das Projekt involviert ist.
The HBAR Foundation backs MMO games developer Vavel Games’ launch on Hedera
Valverse is Vavel Games’ first foray into the world of Web3 and the metaverse.
The HBAR Foundation, the organization that seeks to accelerate the development of the Hedera ecosystem through grants to projects, has announced backing for a new gaming developer to bring next-gen MMO games to the platform.
In a blog announcement published on Thursday, the HBAR Foundation said it had added Vavel Games, a leading developer of MMO games to its list of projects to receive a grant.
The support is the first HBAR Foundation has advanced to a gaming company and will see Vavel Games launch its metaverse project on the Hedera network.
https://mobile.twitter.com/HBAR_foundation/status/1529810185237110784
Vavelverse to integrate NFTs
Dubbed Vavelverse, the venture will provide a multiverse of cross-integrated virtual worlds, opening Vavel Games to a new realm in Web3. The project will be powered by Hedera Hashgraph, the HBAR Foundation noted in the blog.
The first MMO title in the Vavelverse will be Imperium: Galactic War 3.0 and will incorporate NFTs to bring even more benefits to users on Hedera.
The gaming studio’s first NFT drop is planned for early June (the first week), while the Galactic War 3.0 full game launch is expected in early 2023.
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Ethereum (ETH) price drops 5% on stability doubts as its POS merge approaches
Ethereum (ETH) price has experienced a sharp drop as stability doubts immerge as Ethereum blockchain proof-of-stake (PoS) merge approaches.
At the time of writing, ETH was trading at $1,853.44, down 5.78% after pulling back from a daily high of $1,976.57.
The Ethereum Beacon chain that was to introduce PoS into the blockchain went through a 7-block deep reorganization in the past 24 hours.
Block reorganization happens when there is an inconsistency in the order of blocks which mainly happens as a result of malicious activities or a bug.
The block reorganization in the Ethereum was a result of a bug that showed that the Ethereum shift to PoS might not be stable as advocated by Vitalik Buterin, the Ethereum co-founder.
Ethereum stability doubt
Although the recent reorganization was limited, the Ethereum developers are still trying to establish the cause, so far, they confirmed that the blockchain was not attacked.
Gnosis founder, Martin Koppelmann, noted that Buterin might have been too optimistic that the reorganization stability will improve if Ethereum will shift to PoS.
Koppelmann said:
‘’We have not seen 7 block reorgs on Ethereum mainnet in years.’’
However, he complimented the Ethereum community for acting so fast on finding the cause and the solution to this issue.
Besides, the blockchain shift PoS is anticipated to happen this year in order to increase blockchain accessibility. Buterin expects the shift to take place by August 2022.
The future of Ethereum markets
With the expiry of some option contracts happening this week, the Ethereum futures market seems to be on shaky ground.
In the last 12 hours, the token has experienced a sizeable amount of liquidations, about $118 million which is twice that of Bitcoin. Almost 97% of these were long positions which shows that traders were ready for the Ethereum recovery.
However, the expected recovery has not yet happened since ETH has been lagging in the crypto market. Its losses were sparked after the Federal Reserve meeting that showed that some Central bank officials suggested further interest rate hikes this year
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Bitcoin (BTC) „schon bald“ wieder im Aufwind? – Kennzahlen stimmen negativ
Während ein Experte zumindest auf kurze Sicht für Bitcoin wieder Luft nach oben sieht, deuten die On-Chain-Daten auf weitere Verluste hin.
Ankr price prediction as the protocol boosts partnerships
The Ankr price made a bearish breakout on Thursday even after the company partnered with Pocket Network. The token is trading at $0.0357, which was about 83% below its all-time high of $0.2142.
Ankr continues its partnerships
Ankr is a leading blockchain project that specializes in Remote Procedure Call (RPC) services that are needed by most developers. According to the developers, the platform handles over 150 billion RPCs every month as more developers embrace it.
In the past few months, the network has been focused on growing through partnering with other forward-looking companies in the industry.
For example, in the past six months, the developers have partnered with companies like Near Protocol, IoTeX, Polygon, Solana, Celo, Fantom, and Avalanche, among others.
Last week, the developers inked another partnership deal with Tron, one of the fastest-growing platforms in the industry.
On Thursday, the developers announced that it had partnered with Pocket Network. The partnership will see the Pocket Network node runners earn revenue by supplying nodes to the Ankr Protocol network. The statement said:
“Bringing Pocket onto the Ankr Protocol marks a new era of coverage and decentralization for Ankr and our clients. We love what Pocket has started and the passionate community they’ve fostered.”
Therefore, these partnerships will likely lead to more network activity in Ankr Network, which will help push its price higher.
Ankr price prediction
The daily chart shows that the Ankr price has been in a strong bearish trend in the past few months. This drop culminated in the drop below the key support level at $0.0505, which was the lowest level on February 25th, The coin has dropped below the 25-day and 50-day moving averages.
At the same time, it has fallen below the descending trendline that is shown in blue. It has also formed a bearish flag pattern. Therefore, the coin will likely keep falling as bears target the key support level at $0.02.
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