Top Crypto News: 06/26

There are significant developments in the crypto space today. Bitcoin price has declined 4.1% and is trading at $31,376.63. Ethereum is also down 3.5% over the last 24 hours and is trading at $1,770.86.

Let’s take a look at some of today’s top crypto news.

1 – Theta Network Completes Final Step in Launching Theta Mainnet 3.0

Theta Network, a decentralized video delivery network, has announced the release of Theta Edge Node v3.0.6. This is a significant step towards the launch of Theta Mainnet 3.0.

Based on reports, Theta Mainnet 3.0 starts operating at blockheight 10968061 on June 30, 2021; between 12 pm – 3 pm PT.

Notably, with the release of Mainnet 3.0, Theta Fuel (TFUEL) tokens staking commence on the Edge Node.

The latest version brings about the required Mainnet 3.0 features such as:

  • A new wallet feature that allows users to send their TFUEL returns to another Theta wallet.
  • A simplified Edge Node wallet feature.

It’s important to note that Theta Network is a blockchain-powered video delivery network that allows users to earn tokens as they watch content.

2 – COTI-powered WolframAlpha Supports Cardano (ADA)

During Cardano 360, the blockchain platform, COTI, revealed that WolframAlpha – a COTI-powered answer engine – will be adopting ADA Pay for NFT auctions.

This is a continuation of the collaboration between Cardano, Input-Output Global (IOG), and COTI, a platform optimized for creating price-stable coins. It’s also a part of Cardano Foundation’s attempt to set up its NFT strategy.

Director of Connectivity of Wolfram Blockchain Labs, Christian Pasquel, commented saying: “It’s been great to work with COTI and IO Global to bring this project to life. We want to take the NFT experience to another level and reach many communities. We have learned a lot about creating consumer oriented services and, what started just as a simple idea, became a really cool and powerful platform by closely reviewing and working with these two wonderful teams.”

3 – Marvel Entertainment Announce Plans to Launch NFT Collectibles

Marvel Entertainment, a renowned entertainment company based in American has announced a collaboration with VeVe, an online marketplace to launch NFTs.

This will give followers the possibility of having NFTs that cut across 3D statues, digital-comic books, and other items that can be displayed in a virtual showroom.

The Veve currency “gems” will be used to purchase the NFT products, they can also be sold via Veve’s secondary marketplace. However, more information will be given in the near future.

4 – Tron Game Center Now Pandemic Multiverse Joins Enjin Ecosystem

Pandemic Multiverse has announced a move to popular blockchain gaming and NFT platform Enjin (ENJ).

The game network will now be live on Enjin’s popular gas-free and eco-friendly blockchain JumpNet. With Enjin API and gas-free JumpNet blockchain, the Pandemic team was able to complete the move to Enjin in just a few weeks.

Pandemic is also working on creating two games: Pandemic Shooter and Pandemic Space Combat. They plan to create a game where all Pandemic NFTs can be utilized.

Pandemic CEO, Andreas Hennersdorf, commented on the development stating: “The usability of Enjin’s API is tremendous. We managed to completely integrate JumpNet before we even had time to reach out to the team.”

5 – DAFI Protocol Super Staking

DAFI Protocol, a blockchain that encourages users to stake tokens without hyperinflation mechanism, has revealed that the Super Staking will be live on June 30, 2021.

The new initiative will help users maximize dDAFI rewards which will be available on multiple chains like Polygon, Binance Smart Chain (BSC), and Ethereum.

The official report stated that: “Super Staking can be thought of as Staking 2.0, where you get more than simple token rewards. Instead, you receive dTokens which grow alongside the network. As a network becomes more adopted your dTokens multiply in reward quantity.”

The plan is to launch Super Staking for a month, with the possibility of an extension. In the first month, a total of 3,000,000 DAFI is expected to be allocated, and the first dDAFI pool will take place on BSC on June 30th, 2021. Afterward, Super Staking DAFI will be deployed on both Polygon and Ethereum.

6 – Remodeling of The Sentinel Network

Sentinel, a Cosmos-based network, has revealed that the monetization of its network has commenced.

Sentinel users have also started paying for bandwidth, while node hosts are getting rewards in $dVPN following the launch of the Sentinel #dVPN nodes on sentinelhub-2.

A previous tweet stated that there will be a collaboration with innovators like Michael Michelini from the $HNS Handshake ecosystem. Therefore, allowing users to gain access to websites built on Handshake while giving users the opportunity to monetize their bandwidth.

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