Crypto News Recap: Ethereum Upgrade, Play-to-Earn Games, and Major DeFi Moves

Be updated on all things crypto today with Coins ATBP., your weekly crypto news round-up.

Play-to-Earn, Airdrop Tokens, and Farming in Crypto Games: A Complete Guide

Crypto gaming has become an exciting way to earn rewards through play-to-earn (P2E) games, airdrop tokens, and yield farming strategies. Whether you’re interested in playing blockchain-based games like Axie Infinity, or looking to make passive income through farming, understanding these concepts can significantly boost your earnings. This guide will walk you through how to participate in these activities, optimize your rewards, and make the most of opportunities in the expanding crypto gaming space. (BitPinas)

Ethereum's Dencun Upgrade: What's Coming on March 13?

Ethereum is preparing for its Dencun upgrade scheduled for March 13. This highly anticipated upgrade will improve network security and efficiency, focusing on optimizing gas fees, block propagation, and strengthening Ethereum’s security features. The Dencun upgrade aims to enhance the experience for both developers and users, contributing to smoother transactions and a more secure platform. Keep an eye out for the changes that will make Ethereum even more scalable! (Blockworks)

Bored Ape Game “Dookey Dash” Introduces $1 Million Prize Pool

The Bored Ape Yacht Club continues to push boundaries with its latest game, Dookey Dash. Players guide their virtual apes through a maze while collecting tokens and avoiding hazards. With a $1 million prize pool and the opportunity to win exclusive Mutant Ape Yacht Club NFTs, the game is set to captivate both NFT enthusiasts and gamers. Dookey Dash is a prime example of how NFT gaming is reshaping the landscape, blending entertainment with valuable rewards. (Decrypt)

BounceBit Ventures Into Bitcoin Staking with $6M Backing

BounceBit, a leading player in DeFi (Decentralized Finance), is making waves by adding Bitcoin staking capabilities to its platform. With $6 million in venture capital backing, BounceBit’s initiative is set to provide new opportunities for Bitcoin holders to generate yield within the DeFi ecosystem. This move highlights the growing convergence between traditional finance and decentralized technologies, paving the way for more Bitcoin staking options. (Crypto Briefing)

Gala Unveils GalaSwap DEX with GalaChain Token Rewards

Gala has launched GalaSwap, a decentralized exchange (DEX) on its GalaChain infrastructure. Users can now trade various tokens and earn GALA token rewards by providing liquidity. GalaSwap is a strategic expansion into DeFi, offering users more opportunities to earn and engage with the growing Gala ecosystem. This new venture aims to strengthen Gala’s presence in the decentralized finance sector. (Decrypt)

Telegram Launches Ad Revenue Sharing with TON Coin

Telegram has introduced a new feature that allows content creators to share ad revenue through a 50/50 split, using TON Coin, its native cryptocurrency. Available in nearly 100 countries, this feature gives creators a new way to monetize their content. By integrating blockchain technology and cryptocurrency, Telegram is exploring innovative revenue-sharing models that empower its users and content creators. (The Block)

Yuga Labs Safeguards NFT Royalties Ahead of Magic Eden Launch

Yuga Labs, creators of the Bored Ape Yacht Club, are setting new standards in the NFT space by ensuring that NFT royalties are protected on the upcoming Magic Eden Ethereum marketplace. With this move, creators can continue to receive royalties even after their NFTs are resold, fostering a more sustainable and transparent market. Yuga Labs' commitment to creator rights reinforces the integrity of the NFT ecosystem. (The Block)

Southeast Asia Poised to Become Crypto, Blockchain, and AI Hub

Southeast Asia is emerging as a global leader in crypto, blockchain, and AI technologies. With favorable regulatory frameworks and government incentives, the region is attracting significant investment and talent. As Southeast Asia builds its reputation as a tech hub, we can expect rapid growth in these sectors, contributing to the region's broader economic development and fostering innovation. (Cointelegraph)

Ether Price Surge Sparks Altseason Speculation

The recent surge in Ether (ETH) prices has sparked speculation about the onset of an altseason, a period when alternative cryptocurrencies outperform Bitcoin. As ETH exchange reserves decline, it suggests a growing sentiment of hodling and long-term investment, further fueling optimism for altcoins to experience a rally in the near future. If ETH continues to rise, we may see a broader shift in market dynamics, benefiting many altcoins. (The Block)

Uniswap to Launch Web Extension for Native Wallet Integration

Uniswap is preparing to launch a web extension that will make it easier for users to integrate native wallets directly with the platform. This move aims to simplify the DeFi experience, enabling seamless access to Uniswap’s DEX for both traders and liquidity providers. With this update, Uniswap is positioning itself as an even more user-friendly platform for decentralized finance. (Crypto Daily)

EigenLayer Teams Up with Ritual for AI-Enabled DApps

In a groundbreaking collaboration, EigenLayer has partnered with Ritual to create AI-powered decentralized applications (DApps). This partnership aims to push the boundaries of DeFi and AI integration, providing users with more advanced, AI-driven functionalities within the blockchain space. The combination of AI and decentralized tech opens up a world of possibilities for the future of applications. (Cointelegraph)

Xai Launches Staking Rewards on Arbitrum

The Ethereum-based gaming network Xai has introduced staking rewards on Arbitrum, a Layer 2 scaling solution for Ethereum. This move incentivizes users to stake Xai tokens, strengthening network security and decentralization. By offering staking rewards, Xai is enhancing its ecosystem and encouraging greater participation in the Ethereum gaming and DeFi space. (Decrypt)

Bitcoin Layer 2 Tokens Surge as BTC Hits 25-Month High

With Bitcoin hitting a 25-month high, its Layer 2 tokens have seen a surge in value. These scaling solutions, designed to enhance Bitcoin’s efficiency, are gaining significant attention as the market continues to show bullish momentum. This surge indicates growing demand for Bitcoin scalability solutions and reflects overall optimism in the crypto market. (Cointelegraph)

Frax Finance Eyes Uniswap-Like Reward System for Token Stakers

Frax Finance is considering a reward system similar to Uniswap's, where fees from its stablecoin protocol are distributed to token stakers. This initiative aims to increase liquidity and long-term engagement within the Frax ecosystem, further incentivizing users to participate in the stablecoin’s growth. (CoinDesk)

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