Drone Racing League launches P2E game on Algorand blockchain
The Drone Racing League (DRL), a professional drone racing league that operates internationally, is developing a play-to-earn (P2E) game on the blockchain-based crypto platform Algorand.
The P2E game will allow players to participate in drone racing competitions to earn cryptos and non-fungible tokens (NFTs).
Aave launches permissioned DeFi platform Aave Arc
Aave Arc announced launching Aave Arc, a permissioned version of the popular DeFi lending platform Aave.
Aave Arc enables certain parties who have undergone financial due diligence to be able to borrow and lend cryptocurrencies automatically. It operates in the same way as Aave’s main protocol works, but only approved parties can participate.
Livepeer raises $20 million in new funding
Livepeer, a decentralized video streaming platform built on the Ethereum blockchain, has raised $20 million in a Series B extension round.
The project has a large scaling update scheduled for shipping early this year called Confluence, which will move Livepeer’s internal protocol from Ethereum’s base layer to the Layer 2 network Arbitrum.
Top 03 Daily Losers – Blockchain Network Section
$XTZ: -18.14%
$THETA: -17.58%
$KDA: -16.6%
XTZ – The native token of the Tezos project is currently losing 18.14% of its value. THETA and KDA were two other assets that saw a drop in value, in which they have fallen by around 15% based on the weekly price.
The Sandbox inks multiple partnerships to crease Mega City
Leading decentralized metaverse platform The Sandbox announced today that it had welcomed new Hong Kong partners to create Mega City, “the latest expansion of The Sandbox map.”
The new cultural hub features players from the real estate, gaming, film, entertainment, music, acting, professional services, and even finance sectors.
Samsung gets exposure to Cardano via new partnership
Tech giant Samsung will now have exposure to Cardano via its recent partnership with blockchain planting management system Veritree to combat climate change.
Veritree’s reforestation verification records will be stored on the Cardano blockchain. The technology makes it possible to verify data from planting sites and link every individual donation to the area of land it helped to restore.
Bitcoin price drops to $43.7K after Fed minutes re-confirm plans to hike rates
Bitcoin (BTC) and the wider cryptocurrency market fell under as equities markets pulled back at the closing bell after minutes from the Federal Reserve’s December FOMC meeting.
As stock markets corrected, BTC price followed suit by dropping below $44,000, setting off a cascade of liquidations that reached $222 million in less than an hour.
Top 03 Daily Losers – NFT Section
$CHR: -17.45%
$AXS: -16.34%
$ALICE: -14.98%
After last week’s rally, many assets in the NFT portfolio have dropped significantly since last night. CHR, the Chromia blockchain’s foundation coin, fell the most at 17.45%, followed by AXS and ALICE, which fell 16.34% and 14.98%, respectively.
Airbnb could soon add support for cryptocurrency payments
According to a survey taken on Twitter, Airbnb CEO Brian Chesky recently revealed that booking accommodations using cryptocurrency is the top request for this year.
Chesky implies to have seen a variety of token ideas, implying that Airbnb’s future cryptocurrency payment options will not be limited to just one or two tokens.
El Salvador prepares 20 bills to provide legal framework for Bitcoin bonds
El Salvador’s government has moved ahead with plans to issue Bitcoin bonds by preparing 20 bills designed to provide a legal framework for them.
According to the announcement, the bills will cover regulations about issuing securities as cryptocurrency to ensure the viability of the Bitcoin bonds.