As a maximum, bear markets are good for building the cryptocurrency infrastructure – or "building" as the meme of the meme. Thursday's episode of The Daily is full of examples of the kind of development work undertaken throughout the industry. From the trackers of the pr to the virtual worlds, there is a little bit of everything in today's news.
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Blockchain VR World Beachhead enters the Fray
The realm of blockchain-based virtual reality is flocking. Decentraland, who resides in the virtual metropolis of Genesis City, has obtained a competitor in the form of Beachhead City. BH2020VR, as is also known, aims to blur the line between games and roaming a virtual world of commerce and adventure. Revenue can be earned at stake through city protection or the provision of defense weapons and other resources.
Just as video games like Grand Theft Auto have a main storyline complemented by side missions and mini-games, Beachhead has a primary narrative running through it, but the participants are free to interact with the world in a multitude of ways. This includes participation in the cryptoconomy within BH2020VR, the purchase of real estate and the upgrading of the virtual turf through the integration of theaters, shops and automobiles, including user-generated content. Virtual assets will be tradable with Beachhead as non-fungible tokens, with a tokenised rewards system that makes the BH2020VR the equivalent of the encrypted world at The Sims.
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Dappradar adds the Crosschain metrics
Virtual worlds like Decentraland and the next Beachhead are the kind of decentralized applications (dapps) that can be monitored at Dappradar.com. The popular tracker Ethereum dapp has just had an update, allowing it to also monitor the onchain activity on the Tron and EOS protocols. The site now boasts of having statistics on 1,700 dapps, including decentralized exchanges, cryptocurrencies, markets and bets.
<img class = "aligncenter size-large wp-image-276821″ title=”The Daily: Crypto's latest virtual reality world, new blockchain analysis tools” src=”https://news.bitcoin.com/wp-content/uploads/2019/01/screenshot-2019-01-17-at-10-57-00-1024×390.png” alt=”The Daily: Crypto's latest virtual reality world, new blockchain analysis tools "width =" 696 "height =" 265 "srcset =" https://news.bitcoin.com/wp-content/uploads/ 2019/01 / screenshot-2019- 01-17-at-10-57-00-1024×390.png 1024w, https://news.bitcoin.com/wp-content/uploads/2019/01/screenshot-2019-01 -17-at-10-57 -00-300×114.png 300w, https://news.bitcoin.com/wp-content/uploads/2019/01/screenshot-2019-01-17-at-10-57- 00-768×292.png 768w, https: //news.bitcoin.com/wp-content/uploads/2019/01/screenshot-2019-01-17-at-10-57-00-696×265.png 696w, https: //news.bitcoin.com/ wp-content / uploads / 2019/01 / screenshot-2019-01-17-at-10-57-00-1392×530.png 1392w, https://news.bitcoin.com/wp -content / uploads / 2019/01 /screenshot-2019-01-17-at-10-57-00-1068×407.png 1068w, https://news.bitcoin.com/wp-content/uploads/2019/01/ screenshot-2019-01-17- at-10-57-00-1103×420.png 1103w "sizes =" (maximum width: 696px) 100vw, 696px”/>
According to Dappradar statistics, the first trunks and EOS dapps are experiencing significantly higher consumption than their Ethereum counterparts in terms of the number of reported daily users. Predictably, betting dapps seem to be the best in all the blockchains on Dappradar.
Cryptohound follows the money trail
<img class = "alignright wp-image-276817″ title=”The Daily: Crypto's latest virtual reality world, new blockchain analysis tools” src=”https://news.bitcoin.com/wp-content/uploads/2019/01/icon.png” alt=”The Daily: Crypto's latest virtual reality world, new blockchain analysis tools "width =" 198 "height =" 180″/>ORS Cryptohound, a blockchain analysis company, has been sniffing into the Ethereum network in an attempt to identify the source of six "highly unusual transactions" that were identified in December, which comprise about 5% of the supply of ETH. "We found that over 5.5 million ETHs were sent to 39 portfolios after 313 transactions," they explain. "All six portfolios have the same portfolio made up of over 92% of OMG tokens" plus 150,000 ETH each. Cryptohound Investigation relationship then he continues to speculate on the identity of the entity behind the $ 500 million move.
Demonstrating a practical application for the scientific blockchain, a series of important exchanges of cryptocurrencies promised to freeze funds stolen by cryptopia. The hackers who infiltrated the exchange with New Zealand earlier this week, before spending millions of dollars on ETHs and tokens, attempted to send their illicit gains to Binance and Kucoin, pushing both platforms to freeze the accounts of suspects.
For anyone who cares about cryptic hacking, KuCoin will freeze any Cryptopia funds. Please rest assured.
– Michael Gan (@gan_chun) 17 January 2019
What are your thoughts on stories in today's news? Let us know in the comments section below.
Images courtesy of Shutterstock and Dappradar.
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