Guide: Play-to-Earn, Airdrop Tokens, and Farming in Crypto Games
BitPinas presents a detailed tutorial on engaging in play-to-earn games, participating in airdrop token distributions, and farming strategies within the crypto gaming sector. The article highlights step-by-step instructions for earning rewards through gameplay, receiving airdropped tokens from specific projects such as Axie Infinity, and implementing yield farming techniques to boost income. By following this guide, readers can navigate the crypto gaming landscape effectively, capitalizing on opportunities to earn tokens and maximize their financial gains. (BitPinas)
Ethereum's Dencun Upgrade Set for March 13
Ethereum is gearing up for its Dencun upgrade, scheduled to occur on March 13th, which aims to enhance the network's security and efficiency. This upgrade will implement various improvements, including optimizations to gas fees and block propagation, as well as enhancements to the network's security features. Ethereum developers anticipate that the Dencun upgrade will contribute to a smoother and more secure experience for users and developers on the platform. (Blockworks)
Bored Ape Game "Dookey Dash" Unveils $1 Million Prize Pool
"Dookey Dash," the latest game from the Bored Ape Yacht Club, challenges players to guide their virtual ape through a sewer maze, collecting tokens and avoiding hazards along the way. The game's objective is to unclog pipes and clear the sewer system, with the top scorer set to receive a coveted Mutant Ape Yacht Club NFT. With various levels of difficulty and the potential for lucrative rewards, "Dookey Dash" aims to not only entertain but also incentivize active participation within the Bored Ape community, further solidifying its position within the NFT gaming space. (Decrypt)
BounceBit Ventures into Bitcoin Staking in DeFi with $6M Backing
BounceBit, a prominent player in the decentralized finance (DeFi) sector, has announced plans to incorporate Bitcoin staking capabilities into its platform. The project has attracted significant attention and support, securing a substantial $6 million investment from notable venture capital firms, which will be utilized to further develop and expand its offerings. This move not only signifies a significant step forward for BounceBit but also highlights the growing intersection between traditional finance and the rapidly evolving DeFi landscape, potentially unlocking new opportunities for Bitcoin holders seeking to participate in yield-generating activities within decentralized platforms. (Crypto Briefing)
Gala Unveils GalaSwap DEX with GalaChain Token Rewards
Gala, a blockchain gaming platform, has launched GalaSwap, a decentralized exchange (DEX) operating on its GalaChain infrastructure. This DEX enables users to trade various tokens while providing liquidity, earning GALA tokens as rewards. Liquidity providers receive rewards based on their share of the liquidity pool and the trading volume generated on the platform, aiming to incentivize active participation in Gala's ecosystem. The introduction of GalaSwap signifies Gala's strategic move into decentralized finance (DeFi) and its efforts to foster liquidity and engagement within its growing community of users. (Decrypt)
Telegram Launches Ad Revenue Sharing with TON Coin
Telegram has rolled out a new feature allowing content creators to share ad revenue with a 50/50 split, utilizing only its native TON Coin cryptocurrency. This feature is now available in nearly 100 countries, providing creators with an alternative monetization method beyond traditional advertising models. By leveraging blockchain technology and cryptocurrency, Telegram aims to empower its users and incentivize content creation within its platform while exploring innovative revenue-sharing mechanisms. (The Block)
Yuga Labs Safeguards NFT Royalties Ahead of Magic Eden's Ethereum Marketplace Launch
Yuga Labs, the creators of the popular Bored Ape Yacht Club NFT collection, has implemented measures to protect NFT royalties on the upcoming Magic Eden Ethereum marketplace. This initiative aims to ensure that creators continue to receive their rightful royalties even after their NFTs are resold on secondary markets. By prioritizing the protection of NFT royalties, Yuga Labs demonstrates its commitment to supporting artists and creators within the NFT ecosystem while fostering trust and sustainability in the marketplace. (The Block)
Southeast Asia Poised to Become Crypto, Blockchain, and AI Hub
Southeast Asia's ascent as a hub for cryptocurrency, blockchain technology, and artificial intelligence (AI) is buoyed by favorable regulatory landscapes and increasing investor enthusiasm. Governments across the region are proactively nurturing these sectors, providing incentives like tax breaks and regulatory sandboxes to attract talent and investment. With its strategic positioning, burgeoning tech ecosystem, and supportive policies, Southeast Asia is positioned to play a pivotal role in the global development and adoption of crypto, blockchain, and AI technologies, fostering innovation and economic growth in the region. (Cointelegraph)
Ether Price Surge Sparks Altseason Speculation Amid Decrease in ETH Exchange Reserves
The recent surge in the price of Ether has fueled speculation about the potential onset of an "altseason," where alternative cryptocurrencies outperform Bitcoin. This speculation comes amidst a decline in the reserves of Ether on cryptocurrency exchanges, suggesting reduced selling pressure and increased hodling behavior among investors. The combination of bullish price momentum for Ether and diminishing exchange reserves hints at growing confidence and anticipation for broader gains across the altcoin market. (The Block)
Uniswap to Introduce Web Extension for Native Wallet Integration
Uniswap is gearing up to release a web extension that will enable integration with native wallets, simplifying the process for users to access the decentralized exchange (DEX) directly from their browsers. This move aims to streamline the user experience and enhance accessibility to Uniswap's services, catering to both traders and liquidity providers. By offering seamless integration with native wallets, Uniswap seeks to bolster its position as a leading decentralized finance (DeFi) platform and attract more users to its ecosystem. (Crypto Daily)
EigenLayer Teams Up with Ritual to Develop AI-Enabled DApps
EigenLayer has entered into a partnership with Ritual to collaboratively build decentralized applications (DApps) empowered by artificial intelligence (AI). This collaboration aims to leverage Ritual's AI expertise and EigenLayer's technological capabilities to create innovative DApps that offer enhanced functionality and user experiences. Through this partnership, both companies seek to push the boundaries of decentralized technology and foster adoption of AI-enabled solutions across various industries. (Cointelegraph)
Xai Enables Staking Rewards on Ethereum Gaming Network via Arbitrum
Xai, a layer 3 Ethereum gaming network, has rolled out staking rewards on Arbitrum, a layer 2 scaling solution. This move allows users to earn rewards by staking Xai tokens on Arbitrum, enhancing network security and decentralization while providing incentives for token holders. The introduction of staking rewards aims to bolster engagement and participation within the Xai ecosystem, reinforcing its position in the gaming and blockchain space. (Decrypt)
Bitcoin Layer 2 Tokens Experience Double-Digit Surge as BTC Hits 25-Month High
Bitcoin's layer 2 tokens have seen significant surges in value, with several experiencing double-digit percentage gains, coinciding with Bitcoin reaching a 25-month high. Layer 2 solutions, designed to enhance Bitcoin's scalability and efficiency, are gaining traction as the broader crypto market sentiment remains bullish. This surge in layer 2 tokens underscores growing interest in scaling solutions for Bitcoin and reflects the overall positive momentum in the cryptocurrency market. (Cointelegraph)
Frax Finance Considers Uniswap-Like Reward System for Token Stakers
Frax Finance is contemplating the implementation of a reward mechanism similar to Uniswap for its token stakers, aiming to incentivize participation in the ecosystem. This proposed system would involve distributing fees from Frax's stablecoin protocol to stakers, potentially increasing liquidity and encouraging long-term commitment from users. By exploring innovative reward structures, Frax Finance seeks to further engage its community and bolster the sustainability of its stablecoin protocol. (CoinDesk)
