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    New Crypto Casino TG.Casino Becomes Regional iGaming Partner of AC Milan

    Cryptocurrency casino platform TG.Casino and iconic Italian football team AC Milan announced they have struck a new partnership this week. ‘TG Casino is proud to formally announce our new partnership with AC Milan joining them as their iGaming partner in Europe. Players at TG Casino will soon be able to win money can’t buy AC Milan experiences and merchandise!’The acmilan.com website posted a press release the same day:‘AC Milan and TG.Casino are delighted to announce a new partnership, which sees the online casino platform become the Official Regional iGaming Partner of the Rossoneri in Europe. Thanks to this new partnership, $TGC token holders will have the chance to win lots of experiences offered by the Rossoneri club.’The football club went on to add that $TGC holders will have chances to win official AC Milan jerseys, visits to the Milanello training centre, VIP access at the San Siro stadium and more ‘bespoke experiences’ that bring them closer to the club.Players at the top crypto casino also took to Twitter to note that the partnership could be important for TG.Casino and it’s native token ($TGC), thanks to the increased exposure for the Telegram compatible crypto casino app.Listed on Uniswap on January 5th, 2024, the $TGC token price raised over 10% hours after the AC Milan partnership was announced on the 6th May before getting back to the pre-announcement levels the day after.The existing use cases of $TGC according to CoinMarketCap include ‘cashback on losses and staking rewards’ for holders – a portion of the crypto casino’s profits are used to buy back $TGC on the open market, 40% of which are then burned to lower the circulating supply and 60% of which are added to a staking pool.Now following the partnership, AC Milan also described $TGC as a ‘fan engagement tool’.TG.Casino also launched an NFT collection on OpenSea in 2024, holders of which have their casino rewards multiplied further.About TG.CasinoLicensed in Curacao, TG.Casino has been ranked the top no KYC casino on leading tech blogs for its innovative Telegram bot that allows for instant play anywhere in the world of over 5,000 games, with no verification requirements.That was echoed by AC Milan following its May 6 announcement that TG.Casino will be its new regional iGaming partner, who stated the partnership ‘catapults TG.Casino into the top ranks of GameFi by bringing the brand into the living rooms and onto the mobiles of tens of millions of consumers all over Europe.’Since its 2023 launch the platform took a different, novel approach to other new crypto casinos and developed its platform primarily on Telegram, in order to provide complete anonymity and seamless mobile play.TG.Casino is the source of this content. This Press Release is for informational purposes only. The information does not constitute investment advice or an offer to [email protected] article was originally published on Chainwire More

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    Bernstein doubles down on $150,000 target for Bitcoin price

    The firm cites a shift from sentiment-driven to structurally-driven demand in Bitcoin markets, led by institutional interest and inflows into ETFs. As Bitcoin resumed its upward trajectory after dipping to a low of around $57,000, Bernstein noted the clearing of excess leverage in futures contracts and a positive reversal in ETF outflows. A major highlight was the Grayscale Bitcoin Trust (BTC) (NYSE:GBTC) reporting its first inflow after 78 consecutive days of outflows, a milestone given its impact on market dynamics.”Bitcoin’s current position at around $64,000 is just the beginning. The structure of the market is far stronger than during the 2021 euphoria at similar levels, largely driven by clear ETF-driven demand,” the report reads.The bullish outlook is further supported by the sheer volume of cash flooding into Bitcoin ETFs, amassing nearly $12 billion within just three months of their launch. Bernstein expects this trend to persist, driven by increased allocations from private banks, wealth managers, and institutional investors, projecting around $70 billion in new inflows between 2024 and 2025.The report also points to favorable regulatory developments and corporate adoption, citing companies like Block integrating Bitcoin into their treasury strategies. Moreover, the stability in Bitcoin’s hash rate post-halving and healthy miner transaction fees indicate a resilient mining sector poised for long-term market growth.Bernstein expects that higher Bitcoin prices and transaction fees will offer miners a buffer even if production costs double post-halving.Mining stocks have lagged behind the Bitcoin rally due to investors favoring a “long Bitcoin, short miners” strategy. The rationale behind this approach is the perceived safety in buying spot ETFs compared to mining stocks, which are susceptible to risks associated with the halving.”Bitcoin mining dynamics are also supporting the market, with public miners expanding capacity and negotiating favorable terms amidst competitive pressures from AI capital expenditures,” Bernstein added.With all these factors in place, Bernstein remains confident in their $150K Bitcoin target, viewing current prices as an attractive risk-reward opportunity for investors. The firm believes we are in the early stages of a longer and healthier Bitcoin cycle that could extend well into 2025. More

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    Enter the Wasteland: Survive, Conquer and Thrive in a Post-Apocalyptic Playground with DECIMATED

    As the digital dawn of gaming rises, the visionary minds behind DECIMATED are ecstatic to unveil their groundbreaking foray into the desolate yet captivating future of online gaming. DECIMATED, a novel 3rd person PvP and PvE online game experience, invites players to an unprecedented journey through a vast dystopian landscape. Offering freedom for players to explore this post-apocalyptic playground, DECIMATED opens up a realm where players craft their own fate as human citizens struggling for survival or cyborg cops enforcing order in a world where nature and technology collide in chaos.A New World Awaits: Immersive Gameplay and Unparalleled AdventureAt the heart of DECIMATED lies a richly designed, immersive world that tests each player’s survival instincts at every turn. Players engage in a relentless battle for existence against the apocalyptic aftermath, populated by mutated creatures, environmental hazards, and rival survivors. This rich narrative is further enhanced by offering players the opportunity to salvage advanced technology, uncover hidden treasures, and navigate the perils of a fractured society on the brink of rebirth.DECIMATED stands as a testament to survival, strategy, and resilience, offering a sandbox of endless possibilities. Whether patching up a battle-scarred vehicle, building impenetrable bases, to navigating the treacherous markets of this new world, players can embrace the lawless land, facing off against deranged robots, monstrous bio-entities, and other mutants, all while forging alliances or rivalries with other players to carve out a semblance of civilization amid chaos.Backed by 46 Investors and a Growing CommunityDecimated received an Epic Mega Grant and was backed by 46 investors in December 2021 after the studio was self-funded as an indie start-up for 3 years. Developers Fracture Labs were offered $34M from 180 investors and accepted $3.5M from VC’s including Mechanism Capital, Spartan Capital, Polygon Ventures, Good Games Guild, Israel Blockchain Association, Dutch Crypto Investors and Metavest Capital to name a few. Since then, the Decimated community has grown to 60k followers on Twitter and 23k members in Discord, many of whom are participating in the closed alpha testing.A Quest for Dominance in the Wasteland: The DIO TokenEconomic gameplay takes a revolutionary turn in DECIMATED with the DIO token, integrated into the game using the Solana chain, and with interoperability between all of Fracture Labs’ planned games. This creates a real-time digital economy within DECIMATED, incentivizing players for each and every decision made, as well as their efforts within the game itself. Every transaction, trade, and treasure found within this desolate world is valued in DIO, bridging the game to real-world economic principles, making the thrill of loot discovery and trading exponentially more engaging.The ways to earn in DECIMATED are as varied as the wasteland itself. Players can venture into the unknown, salvaging cargo and lost technology, engaging in both legal and illicit commerce to claim their fortune. Whether it’s ambushing convoys for loot, undertaking dangerous missions, or trading valuable finds on the virtual market, success in the desolate landscape of DECIMATED demands wit, bravery, and a keen sense of strategy. Decimated features a leaderboard system that rewards the best performing players, whether they play solo, in guilds or clans.A Game Forged for the Future at Token2049 DubaiIn a recent announcement, DECIMATED confirmed its official sponsorship of Token2049 Dubai, underscoring its commitment to innovation, blockchain technology, and the burgeoning digital economy, demonstrating their potential for the future from the lens of immersive gaming. This sponsorship accentuates DECIMATED’s commitment to forging a future where gaming transcends mere entertainment to become a cornerstone of digital economies in virtual worlds, allowing players to earn real rewards through tournaments.The community buzzed with excitement for DECIMATED listing on the Epic Games Store in May 2024. While the official launch date is yet to be announced, the open alpha is pegged for the end of 2024, and the eagerness around this launch grows daily as players and fans are encouraged to keep an eye out for what hopes to be a landmark announcement in online gaming history.About DECIMATEDDECIMATED is the future of immersive online gaming, offering a dynamic 3rd person PvP and PvE experience within a richly detailed post-apocalyptic world. With its unique digital economy and endless opportunities for exploration, combat, and alliance, DECIMATED invites players to define their legacy in a world where every decision can mean the difference between survival and extinction.For media inquiries or further information, please visit https://www.decimated.netContactCEOStephen ArnoldFracture Labs PTE [email protected]+35699554901This article was originally published on Chainwire More

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    Emirates boss says unhappy with Boeing delays in fixing 777X problems

    Emirates is the biggest customer of Boeing’s 777X, which will be the industry’s largest twin-engined jet with around 400 seats. But its entry into service has been delayed by about five years due to problems including certification delays.Sheikh Ahmed bin Saeed Al Maktoum, a key member of Dubai’s ruling family and member of government, said he believed the certification would now happen in the first quarter of 2025.But he said the uncertainty over when it would be delivered was putting pressure on Emirates, by far the Middle East’s biggest airline and which only uses large twin-engined jets.Sheikh Ahmed said the airline would keep using existing jets for longer than expected as a result of the 777X delays.”I’m not happy,” he told reporters at the Arabian Travel Market tourism trade exhibition in Dubai.”They promised they would do their best to fix it,” he said of Boeing’s new management when asked about the issues it faces.Boeing is overhauling its management amid mounting pressure from airlines, regulators and investors as it grapples with a growing crisis following a January mid-air panel blowout on a 737 MAX plane. More

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    Binance users can now directly deposit and withdraw dYdX tokens

    The new integration allows Binance users to directly deposit and withdraw dYdX tokens to and from their accounts. Additionally, it enables interaction with a variety of decentralized applications (DApps). dYdX Chain is a Cosmos appchain that enables trading in crypto token derivatives and holds the top spot in volume within the decentralized perpetuals sector. Users can delegate their dYdX tokens to validators who help secure the network. All the fees collected by the protocol are then paid out to both dYdX stakers and validators in USDC stablecoin.Binance said it will start allowing withdrawals for the token on this network as soon as there are enough deposits. With the completion of dYdX’s mainnet integration, Binance joins a growing list of crypto exchanges and wallet providers, including OKX, to adopt the network.The dYDX Chain is an open-source, standalone app-chain that’s completely decentralized, packing everything from the protocol and orderbook to the front end. Earlier in November, dYdX Chain launched a fresh upgrade that introduces interchain accounts, allowing liquid staking protocols to integrate with the Cosmos-based network. This upgrade enables users to maintain their staking activities and secure the dYdX Chain while transforming their staked DYDX into a tradable and usable liquid asset for DeFi applications. Liquid staking protocols are now vying to attract dYdX stakers to their services.Concerns arose when dYdX shifted away from Ethereum, as there were doubts about its ability to regain the same level of activity seen in previous versions. Ethereum boasts considerably higher usage compared to the Cosmos ecosystem. However, dYdX’s trading volumes now surpass those of Uniswap and other Ethereum-based exchanges, which seem to validate the company’s decision to switch ecosystems.dYdX specializes in facilitating perpetual futures trading, which involves contracts without expiry dates. This enables investors to speculate on underlying asset prices without the need for physical settlement typical in standard futures trading.The platform recently upgraded to v4, branding it as a “fully decentralized” chain unlike its prior v3 iteration, which the company admitted was not fully decentralized. While dYdX plans to eventually shut down v3 on Ethereum, no specific closure date has been announced yet. More

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    Australian budget to target housing woes with more construction workers

    The budget to be handed down on May 14 will have a big focus on housing, officials said on Tuesday evening.Rising rents, interest rate hikes and surging living costs in the past few years have inflamed what was already among the world’s least affordable housing rental markets, where record numbers of people can no longer afford to buy after a surge in house prices.”Our government knows that building more homes is the best way to address Australia’s housing challenges, which is why we have an ambitious national target to build 1.2 million homes,” minister for housing, Julie Collins, said in a statement.   “To build more homes we need more tradies,” she added.The budget will include funding for 20,000 free training places to increase the number of Australian construction workers, the statement said.It will also allocate A$1.8 million($1.19 million) to streamline skills assessments for around 1,900 potential migrants from countries with comparable qualifications who want to work in Australia’s construction and housing sector, the statement added.Treasurer Jim Chalmers said on Monday the government would chart a responsible middle path in the budget, putting a second surplus within reach despite more spending measures.($1 = 1.5161 Australian dollars) More

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    Bitcoin price today: flat at $63.5k amid regulatory woes, ETF outflows

    The world’s largest cryptocurrency fell 0.2% in the past 24 hours, sitting at $63,579.4 by 08:30 ET (12:30 GMT).Sentiment towards crypto markets was battered this week by a report showing that less than 10% of overall stablecoin transactions- which are a key vehicle for transacting in crypto- were organic or from real users. The report raised questions over just how much retail demand there actually was for crypto, given that stablecoin operators, specifically Tether- clocked consistent increases in market capital. Additionally, trading app Robinhood Markets Inc (NASDAQ:HOOD) said it was facing potential regulatory action from the Securities and Exchange Commission over crypto tokens traded on its platform. The SEC was also seen postponing a key decision on ETFs.The negative factors came amid sustained outflows from crypto investment products, indicating that sentiment towards the space remained largely negative. Data from digital asset manager CoinShares showed on Monday that crypto investment products saw a third straight week of sustained capital outflows. Overall outflows amounted to $435 million, with Bitcoin products seeing outflows of $423 million.Outflows from Grayscale’s Bitcoin ETF still made up a bulk of the overall outflows. But capital inflows into other Bitcoin ETFs were also seen slowing substantially.Weakening flows came amid a dearth of immediate cues for crypto markets, after Bitcoin’s halving event passed with little fanfare. The token was also largely rangebound after surging to record highs in March. Among major altcoins, Ethereum fell 3.4% to $3,069.52 after the SEC postponed a decision to approve spot ETFs tracking the altcoin for U.S. markets. The regulator is now expected to make a decision only by early-July. The SEC also has an ongoing investigation into whether Ethereum is a security, and is widely expected to reject applications for a spot Ethereum ETF. Other alt coins saw mixed moves, as speculation over U.S. interest rate cuts remained in play. XRP rose 0.3%, while Solana rose 3.8%. London-based digital bank Revoult has launched its crypto exchange, Revolut X, specifically targeting professional cryptocurrency traders.Revolut, which has provided crypto buying and selling within its app for years, announced in February its plans to launch a dedicated exchange platform.Revolut X aims to attract traders by offering lower fees compared to trading within the Revolut app.According to its Tuesday announcement, the exchange will charge no fees for the trade maker and only 0.09% for the taker.While some banks offer cryptocurrency trading to their customers in various ways, Revolut is among the first to create a dedicated crypto exchange solely for this purpose. More

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    Silent Protocol to launch ‘Ghost layer’: the First Modular L1.5 for Ethereum

    Silent Protocol, a forefront innovator in blockchain privacy technology, has announced the release of the Ghost Layer, a cutting-edge modular Layer 1.5, designed for the Ethereum ecosystem. This new solution is engineered to provide compliant privacy enhancements to public blockchains, suitable to both retail and institutional applications.The Ghost Layer is using a zero-knowledge (ZK) based system alongside its proprietary 0VM technology. These advancements allow for the private storage of assets and enable the omnidirectional flow of value across various blockchains. It facilitates the seamless integration of existing applications into private workflows through its ability to open access channels to different execution layers.The founder of Silent Protocol, Novachrono, explains the unique position of the Ghost Layer in the blockchain hierarchy: “If you create a ledger whose state is decided by the base ledger but the computation is stored elsewhere—you can call it a Layer 1.5.” This innovative positioning combines the robustness of base layer processing with enhanced privacy and interoperability functions.In 2023, Silent Protocol launched EZEE, addressing the challenge of state denial and introducing a fully composable architecture that supports functional privacy. This framework allows developers to build an ecosystem of applications without the constraints of isolated systems. Furthermore, Silent Protocol has developed the Silent Compliance VM, a decentralized protocol that selectively reveals data to prevent misuse by bad actors.This launch signifies Silent Protocol’s commitment to building a compliant and composable framework that enables institutions to securely and privately leverage Ethereum. Developers across various blockchains will now have the opportunity to transform their existing applications into privacy-preserving applications, known as 0dapps, while maintaining the liquidity available on the mainnet.About Silent ProtocolSilent Protocol is a leader in blockchain privacy technology, dedicated to enhancing security and compliance in blockchain applications without sacrificing performance. Founded by a team of blockchain innovators, Silent Protocol develops scalable, privacy-centric frameworks like the EZEE framework and Silent Compliance VM. These tools empower developers and institutions to transform existing applications into secure, privacy-preserving platforms while fostering interoperability across different blockchain systems.ContactCo-Founder & CTOİsa [email protected] article was originally published on Chainwire More