TokenPunkies

Ethereum Upgrade Could Make It Harder to Lose All Your Crypto Account abstraction – a concept recently embraced by Visa – could make Ethereum wallets significantly more user friendly. Ethereum developers are hard at work trying to make its blockchain more user-friendly. One of the downfalls of crypto is the costliness of simple screw-ups. For instance, if a user loses the keys to their crypto account, they could lose access to their crypto holdings forever. In the face of this and other potential pitfalls, it’s vastly easier to lose your money in crypto than in traditional banking. Blockchain developers increasingly recognize that human error is an inevitability, meaning it will be difficult to push crypto into the mainstream without fail-safes and better ease of use. One of those innovations is a concept called “Account Abstraction.” Account Abstraction (AA) aims to use smart contracts to execute crypto transactions, by creating certain validity rules. With AA, users won’t nee...

Exercise and Earn Crypto with Fight Out – The Future of Fitness is Here as New Project Raises $2.6 Million The  FightOut  (FGHT) presale has now raised over $2.6 million, a total which indicates significant market interest in the Ethereum-based move-to-earn Web3 platform. Due to launch in the second quarter of this year, it will reward users with crypto for participating in workouts and leading a healthier lifestyle  With the move-to-earn sub-sector having a relatively strong 2022 in the midst of a bear market, FightOut's comprehensive range of features promises to make it a success among health-and-fitness enthusiasts and cryptocurrency owners when it launches later in the year. And once its presale ends in the coming months, its listing on exchanges promises to help early investors make above-average returns. Exercise and Earn Crypto with Fight Out – The Future of Fitness is Here as New Project Raises $2.6 Million Since beginning in the middle of December, the F...

  What Is Bloktopia (BLOK)? One of the Biggest Metaverse Projects As the crypto industry is full of projects that claim to be scalable, secure, and interoperable, Bloktopia metaverse comes with an unprecedented VR experience for the crypto community. Blockchain  platform Elrond recently sealed a significant partnership with  Bloktopia  and became one of the latest crypto businesses to venture into the metaverse. By rebranding as Meta, even  Facebook  recently embraced the metaverse claiming that the new technology will help people communicate better and grow businesses. Until a couple of years ago, it was enough for a business to claim it was blockchain-based to be considered innovative and future-oriented. Today, the industry is full of platforms that declare to be scalable, fast, secure, and developer-friendly, therefore businesses must find other ways to win the competition. Interdisciplinary partnerships can make a difference and bring somethi...

    Ripple CEO optimistic about US ‘regulatory clarity for crypto’   Ripple's CEO, Brad Garlinghouse, shared in a Jan. 3 Twitter thread that he's “cautiously optimistic” about the United States gaining “breakthrough” regulatory clarity for the cryptocurrency industry in 2023. To mark the first day of the 118th Congress, Garlinghouse shared his hopes of 2023 being the year the U.S. gained regulatory clarity for crypto, adding that support for regulation is “bipartisan & bicameral.” Garlinghouse said the U.S. was not starting with a “blank slate” for regulation, referencing bills such as the Securities Clarity Act, the Responsible Financial Innovation Act and the Clarity for Digital Tokens Act as examples. According to the Ripple CEO, “ the stakes couldn’t be higher .” He added that “no bill is perfect and there likely never will be one that satisfies everyone” and attempts to pursue a perfect bill shouldn't stall Congress’ progress in creating crypto regu...