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Chain Legion Integrates Chainlink VRF, this creates a more exciting and transparent user experience, as users can immerse themselves in a dynamic and robust PvP system supported by provably fair outcomes. By integrating the industry-leading decentralized oracle network, they now have access to a tamper-proof and auditable source of randomness needed to help ensure provably fair outcomes in their PvP games, helping provide fairness and unpredictability. As Chain Legion Integrates Chainlink VRF. Chain Legion is an NFT project building an RPG universe on BNB Chain. Their vision is to merge traditional NFT elements with the magic of old-school RPG tabletops into an ever-expanding on-chain universe. The y also offer utility to their partner projects within the BNB Chain ecosystem. Chainlink VRF Chainlink VRF works by combining block data that is still unknown when the request is made with the oracle node’s pre-committed private key to generate both a random number and a cryptographic proof.

The cryptocurrency market has exhibited a slight recovery, with Bitcoin, the leading cryptocurrency, jumping more than 2.5% to $16,815 after getting rejected at the $17,250 resistance level. Similarly, Ethereum, the second-most valuable cryptocurrency, is rising, reaching $1,286 after violating a symmetrical triangle pattern. Major cryptocurrencies were trading positively early on December 1, as the global crypto market capitalization increased 0.56 percent in the previous day to $861.06 billion.  Over the last 24 hours, overall crypto market volume grew 5.03 percent to $49.73 billion. The overall volume in DeFi was $3.43 billion, accounting for 6.90 percent of the total 24-hour volume in the crypto market.  The overall volume of all stablecoins was $47.01 billion, accounting for 94.53 percent of the total 24-hour volume of the crypto market. Let's take a look at the top 24-hour altcoin gainers and losers. Top Altcoin Gainers and Losers GMX (GMX), Polygon (MATIC

U.S. Treasury Secretary Janet Yellen says that the collapse of crypto exchange FTX shows that the crypto industry “really needs to have adequate regulation.” She added: “It’s a Lehman moment within crypto, and crypto is big enough that we’ve had substantial harm with investors.” Treasury Secretary Janet Yellen on FTX Implosion and the Need for Adequate Crypto Regulation U.S. Treasury Secretary Janet Yellen talked about the need for adequate crypto regulation following the collapse of crypto exchange FTX at an event hosted by the New York Times Dealbook Wednesday. She said: I have been skeptical, and I remain quite skeptical. While emphasizing the importance of ensuring that crypto assets have adequate customer protections, the treasury secretary noted that it is also important to remain open to financial innovations, particularly those that could lower cross-border transaction costs and help improve financial inclusion. Yellen proceeded to comment about the meltdown of FTX, which

Join Our Telegram channel to stay up to date on breaking news coverage If you are a crypto trader and have been watching the charts, you’d know that Elon Musk’s tweets have had a lot of impact on crypto prices. As an example, when Elon Musk tweeted about accepting Dogecoin (DOGE) for buying Tesla cars, the price of DOGE skyrocketed. Since then, many other cryptocurrencies were also accepted as payment at Tesla outlets. The acceptance of cryptocurrencies by large companies like Amazon and Microsoft has also helped in making them more popular among mainstream investors and traders. Elon Musk’s tweets have made cryptocurrencies a trendy topic of discussion and this results in a jump in the price of Bitcoin. The CEO has been skewered for his tweets about Bitcoin and cryptocurrency, especially after he dubbed himself the “Dogefather” at Clubhouse.  Most notably, he also changed his Twitter bio to #bitcoin in January 2021, sending it up as much as 20 per cent before trading was tem

The policy clarification stated that participants cannot make threats, use extortion, or access customer data beyond what is accidental or occurs in good faith. In a blog post on November 30, Coinbase sought to clarify its bug bounty program policies in response to the recent Uber data breach verdict. The company stated that it still welcomes “responsible” disclosure of security issues, but users who abuse this process will not be awarded bug bounties: “The key word in all of this is ‘responsible’. In the wake of the recent Uber verdict, there is a lot of concern in the industry about bug bounty submissions becoming extortion attempts. At Coinbase, [...] we’ve put a lot of thought into how we operate our bug bounty program to stay on the right side of the law.” The official Coinbase bug bounty reporting page at HackerOne The verdict Coinbase was referring to was issued on October 5. Joe Sullivan, former Uber security chief, was found guilty of colluding with attackers to cover up ev

Join Our Telegram channel to stay up to date on breaking news coverage The Kyber Network price prediction shows that KNC is likely to climb above the upper boundary of the channel to begin the upward trend. Kyber Network Prediction Statistics Data: Kyber Network price now – $0.724 Kyber Network market cap – $120.4 million Kyber Network circulating supply – 164.8 million Kyber Network total supply – 222.3 million Kyber Network Coinmarketcap ranking – #162 KNC/USD Market Key Levels: Resistance levels: $1.300, $1.400, $1.500 Support levels: $0.300, $0.200, $0.100 KNCUSD – Daily Chart At the time of writing, KNC/USD is changing hands at around $0.724 as the coin heads to the upside. Today’s trading begins with a slight uptrend in the market as the coin moves to touch the daily high of $0.742, after which it is currently trading below the daily high. However, traders are anticipating that the current price movement is an indication of the upcoming price rally in the mar

On Wednesday, Nov. 30, 2022, a blog post published by the European Central Bank (ECB) discusses bitcoin and the authors Ulrich Bindseil and Jürgen Schaaf seem to believe its “bitcoin’s last stand.” The ECB authors further say that while bitcoin’s price has consolidated and stabilized, the central bank officials remarked that “it is an artificially induced last gasp before the road to irrelevance.” Members of Europe’s Central Bank Believe They Predicted Bitcoin Would Be Heading Toward ‘Irrelevance’ Before FTX Went Bust Two members of Europe’s central bank, Ulrich Bindseil, the director general of the ECB’s market infrastructure and payments division, and Jürgen Schaaf, an advisor to the ECB’s payments sector, published a blog post about the leading crypto asset bitcoin (BTC). The ECB blog post is called “Bitcoin’s Last Stand,” and the writers claim the crypto asset is becoming irrelevant. Bindseil and Schaaf explain that BTC’s price has dropped 76% lower than the $69K all-time high,

British-American businessman John McAfee talks about his crypto story and how he discovered BTC. From the Cointelegraph archives, John McAfee tells his crypto story and takes a look back at his very fascinating life. Early in his life, the computer programmer landed a job at the United States National Aeronautics and Space Administration, also known as NASA, and worked on the world’s first weather satellite. There, he learned about computer security and people’s concerns over unauthorized actors gaining access to private data. McAfee also shared that he made all his money not from the popular “McAfee” antivirus software but from other projects. He explained: “People know me from McAfee, but no, that was not my greatest success. That was some trivial thing. It was my future things, which I did not attach my name to, that taught me and made me all of my money.” In 2011, McAfee’s friends pressured him into reading the Bitcoin (BTC) white paper published by its pseudonymous creator Satosh

MicroStrategy’s Executive Chairman Michael Saylor believes FTX’s collapse only reinforces the importance of Bitcoin – his favorite crypto asset.  The former CEO spoke at length last week about the primary cryptocurrency’s relationship with the rest of the digital asset market. Is the ‘crypto’ industry helpful or harmful in spreading Bitcoin adoption? Bitcoin’s Unique Attributes In a Coin Stories podcast episode published on Monday, Saylor said the biggest lesson from FTX’s meltdown was “Bitcoin; not crypto.” “This week highlights the contrast between the virtues of Bitcoin and the vices of crypto,” he said. “It illustrates the wisdom of Satoshi.” Satoshi Nakamoto is the pseudonym that the Bitcoin’s anonymous founder used. In his whitepaper, he presented Bitcoin as a means of electronic payment that didn’t require centralized banks to operate. This meant that banks would lack the power to seize user funds, censor transactions, or inflate its native currency through money prin

After a week-long liquidity crisis followed by a withdrawal freeze, FTX has officially filed for Chapter 11 bankruptcy. Btc Bitcoin $16.846,55 price 2.60274% price change BUY NOW Meanwhile, its high-profile leader and former multi-billionaire – Sam Bankman-Fried (SBF) – has resigned as CEO. In a press release on Friday, FTX announced that it has commenced Chapter 11 proceedings in the United States alongside over 130 affiliated companies.  One of those companies is Alameda Research – a trading desk SBF previously launched. Many believe it deeply intertwines with FTX.  FTX’s new CEO, John Jay Ray III, stated that Chapter 11 is needed to allow FTX to evaluate is situation. He said its aim is to maximize recoveries for stakeholders.  “The FTX Group has valuable assets that can only be effectively administered in an organized, joint process,” he continued. “I want to ensure every stakeholder that we are going to conduct this effort w

The Fantom Foundation's attempt to dispel concerns about potential FTX exposure has been a success thus far for FTM price. Fantom (FTM) continued its upward momentum on Nov. 30 amid reports that the Fantom Foundation generates consistent profits and has 30 years of runway without having to sell any FTM tokens.  Fantom's FTM holdings up from 3% to 14% FTM price gained nearly 13.5% to reach $0.24, its highest level in three weeks. The rally came as a part of a broader rebound trend that started when it bottomed out at around $0.17 on Nov. 22. This amounts to a 50% price rebound in the last eight days. Interestingly, the rally picked up momentum after the Fantom Foundation's "Architect," Andre Cronje, released the firm's financial records on Nov. 28, revealing that it had $340 million worth of digital assets and had been earning over $10 million annually. Notably:  Nov 2022 — Over 450,000,000 FTM, > $100,000,000 in stables, > $100,000,000 in crypto assets,

Before its recent rally, ApeCoin (APE) was one of the worst-performing tokens, losing as much as 60% of its value in November. According to LookOnChain, the decline was caused by the project’s treasury selling its APE reserves. As per the Twitter user, the “ApeCoin treasury has been selling APE in small amounts.” On-chain data shows that ApeCoin Treasury has been selling $APE in small amounts. 1.🧵 Here are some of our findings. — Lookonchain (@lookonchain) November 30, 2022 As per the user, over 4.6 million APE tokens, worth roughly $19.7 million, have been removed from the Treasury’s wallet. The user noted that 4,552,447 APE was sent to the address “0x876c,” and 47,552 APE was sent to the address “0xa29d”. According to LookOnChain, 5 ApeCoin Treasury wallets sent APE tokens to Coinbase, Binance, FTX, and KuCoin through the address “0xa29d” for sale. Such a complex plan could have been utilized to cover one’s traces and hide a transfer of money intended for sale. Four add

According to Lamido Yuguda, the director general of the Nigerian Securities and Exchange Commission, the regulator does not plan on including cryptocurrencies in its digital asset agenda. Yuguda reportedly said the commission will only change its stance on cryptos when Nigerian regulators agree on the standards to protect digital asset investors. Commission to Promote ‘Sensible Digital Assets’ The Nigerian Securities and Exchange Commission (NSEC) said it will only include cryptocurrencies in its digital assets agenda when regulators finally agree on the standards to protect investors. The commission added that cryptocurrencies are currently excluded because the exchange platforms where such digital assets are traded are operating outside of the Nigerian banking system. According to a Bloomberg report, the NSEC is keen on promoting what the institution’s director general Lamido Yuguda calls “sensible digital assets.” Yuguda explained: The commission is in the business of protecting

Join Our Telegram channel to stay up to date on breaking news coverage Through the weekend and into the new week, trading volumes rose as investors returned from the U.S. Thanksgiving holidays. Chainlink price has displayed strength rising as much as 38% over the last 10 days. Nevertheless, the expected post-holiday cheer was absent to support the crypto market as news of protests across China weighed on investor appetite. Crypto Market Topples on NASDAQ Composite Pullback The Nasdaq Composite Index ended the day with a 1.58% loss. On Tuesday, the crypto market valuation started with an early high of $793.8 billion before sliding to a later afternoon low of $763.7 billion. Later the same day, the crypto market cap made a brief revisit to the $783 billion mark but slid back to below $800 billion. The bearish end to the day left the market cap at $776.2 billion, down by almost $14 billion (1.75%). News of BlockFi filing for Chapter 11 Bankruptcy protection further invigorated