Hanoi, Vietnam, January 22nd, 2025, Chainwire

The mini-app will add new utility for User-Owned NFL Rivals Player Digital Assets on the Mythos Chain , proving the interoperability between two different player experiences across two different platforms

Football Rivals will Onboard Millions of Users to Mythos via Koni Stack’s Telegram Mini App-as-a-Service

Koni Stack, the platform that accelerates next-generation Web3 decentralized applications (dApps), today announced the launch of Football Rivals, a new toss-up mini-app. The Telegram app, built using Koni Stack’s mini app SDK, launched today on Telegram.

As a player experience built to be interoperable with and provide added utility for user-owned NFL Rivals player digital assets, which are also used in connection with the hugely popular game from Mythical Games’ title with over six million active players, the Football Rivals mini-app will enable users to utilize such player assets to combine engaging stats-based gameplay with the power of Web3. Players will use digital assets to compete in weekly challenges, with top performers earning MYTH rewards on the Mythos Chain. The app, launched today, is available worldwide to millions of users, making it one of the most accessible and user-friendly blockchain gaming experiences to date!

By tapping into the global Telegram user base, Football Rivals is poised to introduce millions of new players to the Mythos and Polkadot ecosystems. This collaboration between Koni Stack, Mythos, and Polkadot creates an entirely new use case for the blockchain ecosystem, offering a seamless experience for players to now use their owned digital assets across a new experience and platform, proving the interoperability of digital assets and collectibles.

Koni Stack, developed by the team behind SubWallet – the leading wallet in the Polkadot ecosystem – is designed to simplify the onboarding process for users into Web3 via a developer-friendly SDK. With a focus on user-friendly interfaces, SubWallet first revolutionized access to Polkadot with its easy-to-use wallet. Now, through its Telegram mini app-as-a-service, Koni Stack is helping developers create seamless mini apps with low code thus enabling Telegram’s billions of users to seamlessly interact with dApps and blockchain-based experiences.

“We’re thrilled to enable millions of players to utilize their digital assets and collectibles to bring a new experience, Football Rivals, to millions of users on Telegram, leveraging Koni Stack’s mini app SDK,” said Hieu Dao, CEO of SubWallet and Koni Stack, “This effort not only demonstrates the scalability of Mythos and Polkadot but also opens up a new avenue for further application of blockchain technology, creating more fun, accessible ways for players to engage with Polkadot.”

“We’re excited to see Koni Stack release Football Rivals on Telegram,” said John Linden, CEO of Mythical Games. “By using the Mythos Chain’s robust ecosystem and Koni Stack’s mini-app SDK, this mini-app shows the power of web3 and the ability for one group to build extended value for players through interoperability. The fact that Koni was able to build a new player experience*,* enabling interoperability and allowing players to use the NFL Rivals digital assets they earned and purchased in connection with another application, is what web3 is all about, and Football Rivals makes this a reality!”

As Football Rivals takes off, it is expected to drive significant on-chain activity on the Mythos chain, onboarding millions of users to decentralized platforms. The apps integration with Telegram, combined with Polkadot’s scalability and interoperability, will be a powerful tool for introducing the next generation of users to blockchain technology.

For more information about Football Rivals, users can visit t.me/footballrivalsgame.

About Koni Stack

Koni Stack is an all-in-one platform that accelerates the development and deployment of next-gen Web3 dApps. It enables developers to build intent-based dApps for the masses with zero fragmentation, using two key modules: dApp-as-a-service and mini app-as-a-service. The dApp-as-a-service module allows for seamless, unified dApps that can access users and liquidity across multiple networks with one-time deployment, while the mini app-as-a-service module lets you quickly create and deploy Telegram mini apps by simply plugging in ready-to-use modules.

About Mythical Games

Acknowledged by Fast Company’s World Changing Ideas 2021 and recently Forbes’ Best Startup Employers (2024), Mythical Games is a next-generation game company creating world-class games and empowering players to take ownership of their in-game assets through the use of blockchain technology. The team has helped develop major franchises, including Call of Duty, Call of Duty Mobile, World of Warcraft, Diablo, Overwatch, Magic: The Gathering, EA Madden, Harry Potter Hogwarts Mystery, Marvel Strike Force, Modern Warfare 3, and Skylanders. Mythical’s current games Blankos Block Party and NFL Rivals are already played by millions of consumers worldwide and create a new economy for players allowing them to engage in a new way with games but also directly trade and transact safely with other players worldwide.

The Mythical Marketplace, the first in-game blockchain Marketplace on iOS and Android, provides gamers with ownership and control over the purchase and sale of digital assets, while the Mythical Platform protects gamers that may be new to blockchain through a custodial wallet for their digital items.

ContactKate Hakate@koni.studio

Disclaimer: This is a sponsored press release and is for informational purposes only. It does not reflect the views of Crypto Daily, nor is it intended to be used as legal, tax, investment, or financial advice.

Source link

10x Research’s Markus Thielen says Bitcoin is moving in $18,000 blocks and predicts it could hit $122,000 by February.

Source link

Crypto influencers face backlash for amplifying a fraudulent U.S. Treasury XRP wallet, revealed to be a scam.

On Jan. 22, several large influencer accounts began posting about a U.S. Treasury XRP (XRP) wallet. The story quickly snowballed as it gained traction on X through reposts. Influencers either promoted the wallet or questioned its credibility. An on-chain analysis conducted through XRPSCAN has now revealed that the wallet is based in the Philippines.

https://twitter.com/RippleXrpie/status/1881812207610270097

The purported U.S. Treasury wallet, which is connected to major institutions, including Bank of America and JPMorgan, is fraudulent. The wallet address ‘rfHhX6hA54LBqA3j7r7EnCs6qyaRK2Lyfq’ is also KYC verified, which further bolstered people’s belief that it might be a legit source tied to the United States Treasury.

Advertisement

Now, many within the crypto community are voicing their concern. For instance, Zach Rynes, community coordinator of Chainlink, criticized so-called “crypto-influencers” for spreading rampant misinformation in the XRP community. 

https://twitter.com/digitalassetbuy/status/1877732130521854047

He also explained that in 2021, there was a rumor that the Bank of America was executing all internal payments through Ripple. Crypto influencer David Stryzewski, who recently made the false claims about XRP being a Central Bank Digital Currency or CBDC, shared false information on Ripple in a podcast with Former U.S. Senate candidate John E Deaton.

Stryzewski, who is the CEO of Sound Planning Group, also distorted information that Ripple was located in Hong Kong, said Rynes.

Advertisement

Crypto scams on X are on the rise

The proliferation of crypto-related scams has only added to the confusion pervading the industry. There was an 87% spike in daily impersonation accounts in December 2024, according to Scam Sniffer, with numbers rising from an average of 160 in November to more than 300. 

Scam methods are also increasing—from phishing schemes to fake accounts, fraudsters are tampering with duped users on platforms like X.

Recently, Lenovo India and Yahoo News UK were among the big accounts that are having their handles hijacked to promote scam tokens and the losses are in the hundreds of thousands of dollars.

Further sophisticated phishing operations like those mimicking Zoom domains have lifted private keys and wallet credentials, exploiting trust and technical vulnerabilities in blockchain, making it all the more necessary for users to be on their guard.

Advertisement

Source link

Source link

Este artículo también está disponible en español.

On Monday, the cryptocurrency market witnessed a significant surge in Chainlink (LINK) prices following a remarkable acquisition by World Liberty Financial (WLFI), the crypto venture associated with President Donald Trump. 

Trump’s World Liberty Financial Propels LINK Price Up 

In a series of rapid transactions completed within just 15 minutes, World Liberty Financial purchased 220,000 LINK tokens, totaling an impressive $5.63 million, according to Chinese reporter Wu Blockchain. 

This strategic move was accompanied by additional acquisitions, including 13,000 Aave (AAVE) tokens valued at $4.41 million and 37.267 million TRON (TRX) tokens worth $8.86 million.

Related Reading

Advertisement

The buying pressure generated by these transactions contributed to a notable 44% uptrend in LINK’s price over a two-week period, with a more immediate increase of over 11% within just 24 hours. 

But despite this bullish momentum, LINK’s price remains approximately 49% below its all-time high of $52.70, achieved during the 2021 bull run as it is currently hovering little over above the $26 mark.

In a social media post on X (formerly Twitter), WLFI detailed these acquisitions, stating that they were made to commemorate the inauguration of Donald J. Trump as the 47th President of the United States. 

The post highlighted additional purchases, including $47 million in Ethereum (ETH), $47 million in wrapped Bitcoin (wBTC), and similar amounts in AAVE, LINK, TRX, and Ethena (ENA).

Advertisement

How Chainlink Could Double In Value

The involvement of the Trump family in the crypto space has sparked excitement among bullish LINK investors, fostering renewed confidence in the token’s prospects. 

Analysts like Michael van de Poppe have weighed in, noting that LINK has recently experienced a standard 30% correction—a pattern seen more than 15 times in previous cycles. Despite this, van de Poppe anticipates an upward price movement for Chainlink toward the $35 mark as market conditions stabilize.

Adding to the positive sentiment, market expert Ali Martinez reported a significant withdrawal of over 770,000 LINK tokens from crypto exchanges on Tuesday, suggesting that investors are increasingly confident in LINK’s potential and a possible continuation of the uptrend observed over the past month.

Related Reading

Advertisement

Satoshi Flipper also chimed in on LINK’s price action, expressing optimism about the token’s adoption and future performance. He noted the emergence of a falling wedge pattern that could propel LINK toward its all-time high, suggesting that a price doubling from current levels is feasible. 

Flipper emphasized the importance of Chainlink in the broader cryptocurrency ecosystem, arguing that dismissing the potential for further gains before reaching new highs would be a mistake.

Interestingly, Aixbt recently pointed out that LINK’s monthly Relative Strength Index (RSI) is currently at 67, approaching the critical 70 level that previously triggered a dramatic 375% price surge. 

This setup mirrors the conditions that drove the price from $3.50 to $20 in an earlier cycle. If history were to repeat itself, such a surge could push LINK toward the $124.80 mark, nearly tripling its current peak.

Advertisement

Featured image from DALL-E, chart from TradingView.com

Source link

World Liberty Financial Financial (WLFI), the crypto project backed by the family of U.S. President Donald Trump, has made another purchase of Tron’s TRX for its treasury on-chain data shows.

“As a strong advocate for blockchain technology and innovation in cryptocurrencies, I’m excited to see World Liberty Financial integrate TRON as a key part of its growing treasury. TRX’s inclusion as the fourth-largest asset in WLFI’s holdings highlights its trust in the Tron blockchain network,” Justin Sun, founder of Tron, said in a statement to CoinDesk.”

This most recent purchase was to the tune of $2.6 million and adds an additional 10.8 million TRX to the WLFI treasury. The total holdings of TRX now come in at $7.5 million.

“With WLFI leading efforts to bridge traditional finance and crypto and the Trump administration’s pro-crypto stance, the United States will become a major hub for innovation and cryptocurrency adoption,” Sun continued.

Advertisement

CoinDesk reported in mid-January that WFLI intended to purchase TRX and a Tron delegation attended Trump’s inauguration.

WFLI is also holding $182 million in ETH, $48 million in WBTC, $7.2 million in Tether’s USDT, $7 million in AAVE, and $6.7 million in Chainlink’s LINK according to on-chain data with most token buys coming in before the inauguration.

Sources close to the matter say WLFI will continue to increase their TRX holdings.

Source link

Analysts are favoring Lightchain AI over Polkadot (DOT) and Litecoin (LTC) as the cryptocurrency market looks toward projects with explosive growth potential. Lightchain AI has quickly risen to prominence with its focus on scalability, transparency, and real-world utility. The project has already raised over $11.6 million at a presale price of $0.00525, reflecting strong investor confidence in its innovative vision.

While Polkadot and Litecoin remain popular, Lightchain AI’s forward-thinking approach positions it as a standout investment, offering significant ROI potential and capturing attention as a top contender for 2025.

Polkadot (DOT) and Litecoin (LTC): The Stalwarts of Crypto

Polkadot (DOT) and Litecoin (LTC) continue to be influential players in the cryptocurrency market. As of January 18, 2025, DOT is trading at $7.59, reflecting a 6.15% increase from the previous close, with an intraday high of $7.60 and a low of $7.11. LTC is priced at $137.84, marking a 10.67% rise, reaching an intraday high of $140.63 and a low of $122.83.

Polkadot’s unique multi-chain framework facilitates interoperability among diverse blockchains, enhancing scalability and security. Its governance model empowers DOT holders to influence network decisions, fostering a decentralized ecosystem.

Litecoin, established in 2011, offers faster transaction times and lower fees compared to Bitcoin, making it suitable for everyday transactions. Its longevity and consistent performance have solidified its status as a reliable digital currency. Both cryptocurrencies have demonstrated resilience and adaptability, maintaining relevance amid the evolving digital asset landscape.

Why Lightchain AI Is Gaining Favor Among Analysts for Explosive Gains

Lightchain AI is attracting analysts’ attention for its potential to deliver explosive gains, thanks to its unique focus on innovation and long-term value. The platform’s scalability solutions, including sharding and Layer 2 enhancements, ensure high transaction throughput, making it suitable for real-world AI applications. Its roadmap reflects consistent progress, with the Testnet Rollout in January 2025 enabling community-driven performance validation.

By prioritizing decentralized governance, Lightchain AI empowers stakeholders to shape the ecosystem collaboratively. Robust tokenomics, with deflationary mechanisms and a focus on sustainability, further enhance its appeal. With a commitment to solving industry challenges like transparency and efficiency, Lightchain AI is emerging as a top contender for significant growth in the blockchain space.

Lightchain AI’s Path to Outperformance- New Leader in Market

As the cryptocurrency market evolves, new leaders emerge, disrupting the status quo with innovative solutions. Lightchain AI has positioned itself as a prominent player, leveraging cutting-edge technology to address industry gaps and presenting stakeholders with unmatched investment opportunities. Its unique combination of scalability, transparency, governance, and sustainability makes it a strong contender for explosive gains in 2025 and beyond.

Investors and analysts alike are recognizing Lightchain AI’s potential, with its recent presale success being a testament to the project’s future prospects.

Move now, and seize this opportunity to be a part of the future leader in the crypto market. Follow Lightchain AI’s journey closely as it continues to pave the way for explosive gains in the years ahead.

https://lightchain.ai

https://lightchain.ai/lightchain-whitepaper.pdf

https://x.com/LightchainAI

https://t.me/LightchainProtocol

Disclaimer: This is a sponsored article and is for informational purposes only. It does not reflect the views of Crypto Daily, nor is it intended to be used as legal, tax, investment, or financial advice.

Source link

The Official Trump token fell from $48 to $42 after the US president seemed unfamiliar with his own memecoin.

Source link

Source link

Solana started a fresh increase above the $240 resistance. SOL price is back above $2500 and might aim for a fresh increase above the $262 zone.

• SOL price started a fresh increase above the $240 and $250 levels against the US Dollar.
• The price is now trading above $250 and the 100-hourly simple moving average.
• There was a break above a key bearish trend line with resistance at $245 on the hourly chart of the SOL/USD pair (data source from Kraken).
• The pair could start a fresh increase if the bulls clear the $262 zone.

Solana Price Reclaims $250

Solana price formed a base above $225 and started a decent upward move, like Bitcoin and Ethereum. SOL was able to climb above the $235 and $240 resistance levels.

There was a break above a key bearish trend line with resistance at $245 on the hourly chart of the SOL/USD pair. The pair even cleared the 50% Fib retracement level of the downward move from the $272 swing high to the $230 low.

Solana is now trading above $250 and the 100-hourly simple moving average. On the upside, the price is facing resistance near the $262 level or the 76.4% Fib retracement level of the downward move from the $272 swing high to the $230 low.

The next major resistance is near the $272 level. The main resistance could be $280. A successful close above the $280 resistance zone could set the pace for another steady increase. The next key resistance is $292. Any more gains might send the price toward the $300 level.

Another Decline in SOL?

If SOL fails to rise above the $262 resistance, it could start another decline. Initial support on the downside is near the $250 zone and the 100-hourly simple moving average.

The first major support is near the $240 level. A break below the $240 level might send the price toward the $230 zone. If there is a close below the $230 support, the price could decline toward the $215 support in the near term.

Technical Indicators

Hourly MACD – The MACD for SOL/USD is gaining pace in the bullish zone.

Hourly Hours RSI (Relative Strength Index) – The RSI for SOL/USD is above the 50 level.

Major Support Levels – $250 and $240.

Major Resistance Levels – $262 and $272.

Source link