Blockchain
Solana NFT Game, Starbots Announces Its Genesis NFT Sale on Magic Eden
Road Town, British Virgin Islands–(Newsfile Corp. – February 22, 2022) – Starbots, the first-ever playable robot battle NFT game on the Solana blockchain has announced its first-ever Genesis NFT sale to take place on February 24, 2022, on Magic Eden.
Inspired by Battlebots, Starbots creates an auto-battlebot game on the Solana blockchain, where users are able to constantly grind for new robot parts and switch them out continuously for in-game battles instead of having them lay around or be thrown back & forth on the marketplace. An additional fun factor includes unpredictable combat results, in cartoonish notion action. Starting off with being one of the 10 projects to make it in the first DeFi Alliance’s Gaming Cohort, Starbots has gained quite some attention from the crypto-game community.
Figure 2: Solana NFT game, Starbots announces its Genesis NFT Sale on Magic Eden
To view an enhanced version of this graphic, please visit:
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Each Genesis NFT pack will contain 1 complete robot which can later be redeemed for 5 collectible NFT body parts (1 Body, 1 Weapon, 1 Gadget, 2 Wheels). The ranking of each body part is random, however, there will be at least 1 body part whose ranking is at least Rare in every NFT genesis pack.
In general, there are six types of rankings (Common, Uncommon, Rare, Epic, Mythical, Legendary) for each body part.
Rare Pack means: The robot contains at least 1 Rare Body Part.
Epic Pack means: The robot contains at least 1 Epic Body Part.
Mythical Pack means: The robot contains at least 1 Mythical Body Part.
Legendary Pack means: The robot contains at least 1 Legendary Body Part.
The Future of Starbots Genesis
Following this NFT sale, the Starbots NFTs will be available on the Starbots marketplace as more developments roll out. With the Alpha testnet currently ongoing, by the second quarter of 2022, the official game will be released.
The game operates by letting its users build their own virtual robots. Once the robots are built, players can participate in both a PvE and PvP mode, while eventually earn rewards through a play-to-earn mechanism. Competing against other players, completing missions, and conquering new territories are all parts of the fun.
About Starbots
Starbots is the first-ever playable robot battle NFT game on Solana where players gain GEAR tokens through strategically assembling their own robots, winning battles, completing missions, and conquering new lands.
Official Starbots Links
Website | Twitter | Discord | Telegram Announcement | Telegram Chat
Media Contact
Name: Hong Nguyen
Email: [email protected]
PR Contact
To view the source version of this press release, please visit https://www.newsfilecorp.com/release/114364
Blockchain
P2 Ventures Commits $50M Via Hadron FC to Startup Founders in Polygon Ecosystem
Last year, P2 Ventures emerged as a distinct entity from Polygon Labs, with a focus on blockchain investments. Now, it’s earmarking funds and providing mentorship to bolster project founders, particularly those concentrated on the Polygon blockchain ecosystem. A contributor from Hadron FC remarked that the community offered the perfect blend of “capital and vibes.”
P2 Ventures, a venture capital firm with a blockchain emphasis, was established late last year as a separate entity from developer Polygon Labs. It has pledged $50 million to support startup founders, potentially igniting fresh initiatives within the Polygon ecosystem.
The investment from P2 Ventures will be channeled to founders via Hadron FC, a program tailored for founders with hubs in Dubai and New York, according to a press release. This program encompasses mentorship, legal and regulatory guidance, networking opportunities, and “comprehensive assistance in navigating the complexities of startup development and fundraising,” the release stated. Among the initial 36 projects onboarded, several participated in a week of collaborative efforts at the Dubai facility. Shreyansh Singh, head of investments at P2 Ventures, expressed confidence in Hadron Club’s unparalleled capacity to nurture the aspirations of forward-thinking founders within the Polygon ecosystem.
Ajit Tripathi, a core contributor at Hadron FC, noted that the community provided the ideal mix of “support, capital, and ambiance.”
Initially part of Polygon Labs, the principal developer of various Polygon layer-2 networks built on Ethereum, P2 Ventures transitioned into an independent unit with its own 10-person team late last year, rebranding itself as P2 Ventures.
Source: coindesk.com
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Blockchain
Blockchain sleuth uncovers identity of PrismaFi’s hacker, who stole $11m
Blockchain investigator ZachXBT uncovered the purported perpetrator behind the PrismaFi breach, which resulted in the protocol losing $11.1 million worth of cryptocurrency. Through a series of posts, ZachXBT disclosed that the individual behind the attack, identified as 0x77 (or Trung), may be connected to several other breaches.
The Prisma team initially detected a sequence of transactions on the MigrateTroveZap contract in March, ultimately resulting in a loss of 3,257 ETH (equivalent to $11.1 million at the time). Initially, the attacker communicated with the Prisma deployer, claiming the attack was a white-hat initiative. However, all funds were subsequently transferred to Tornado Cash, a sanctioned cryptocurrency mixer.
The attacker then made audacious demands, including a $3.8 million (34%) white-hat bounty, significantly higher than the industry standard of 10%, as noted by ZachXBT, who highlighted that this demand was essentially extortion, given the insufficient assets in the treasury to reimburse users.
Further investigation revealed that the attacker’s address received funds via FixedFloat and was subsequently traced to Arbitrum, a layer-2 solution on Ethereum. By analyzing timing, ZachXBT determined that the attacker’s address was linked to withdrawals on TRON, including those from the Bybit cryptocurrency exchange.
The investigation also unveiled connections to prior breaches, such as the Arcade_xyz breach from March 2023 and the Pine Protocol breach from February of the current year. The attacker, utilizing the alias 0x77 on Telegram, remained active and had ties to the deployer of @modulusprotocol, further solidifying the connection between each incident.
Furthermore, the investigator disclosed conducting an analysis of the attacker’s personal information, including phone numbers and emails, which indicated a proficient technical background. All collected personal data has been forwarded to the Prisma team, who are pursuing legal action against the hacker in Vietnam and Australia, ZachXBT added.
Source: crypto.news
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Blockchain
Bybit CEO: “Institutions Driving Today’s Crypto Bull Market” – At Blockchain Life 2024 Dubai
During a discussion among industry leaders at the Blockchain Life conference in Dubai, Bybit CEO Ben Zhou emphasized the preparedness and sophistication of contemporary cryptocurrency exchanges (CEXs). Zhou, who co-founded Bybit in 2018, now stands at the helm of one of the world’s top three exchanges by trading volume.
At the event, Zhou shed light on various facets that underscore the current era of crypto maturity. “From Bybit’s standpoint, this ongoing bull market has been primarily propelled by institutional involvement… Our collaboration with third-party custodians like Copper and Fireblocks led to a 186% increase in institutional capital flows last year,” Zhou noted. He highlighted the pivotal role of enhanced infrastructure and the approval of Bitcoin spot ETFs in facilitating institutional participation in the crypto market.
Zhou has overseen meticulous upgrades to Bybit since the previous crypto bull run in 2021, enabling institutional investors to deploy larger capital pools. “Bybit boasts a highly versatile trading system that accommodates trading of any token against any other,” Zhou remarked during his live address on the main stage. “This affords our institutional clients a plethora of tools, enabling them to engage in spread trades, arbitrage funding rates, and various sophisticated trading strategies. This capability has facilitated the influx of new capital into the crypto space.”
Furthermore, Zhou highlighted the evolution of service reliability amidst market volatility. “Our risk management and system resilience have undergone continuous enhancements,” he affirmed. “Even during turbulent market conditions, Bybit maintains its stability.” This stability serves as a testament to the advanced infrastructure supporting both institutional investors and the exchange’s 25 million retail users.
Zhou also emphasized Bybit’s efforts to empower retail clients with access to products that simplify sophisticated trading strategies. “We offer a unique product known as perpetual protect, which utilizes options contracts to safeguard perpetual positions from losses,” Zhou explained. “Additionally, our advanced Unified Trading Account (UTA) design provides traders with a competitive edge in the market.” These initiatives aim to demystify derivatives and options, making complex financial instruments more accessible and comprehensible to a broader audience.
As the crypto market continues to mature, Bybit remains at the forefront, spearheading innovations that align with evolving market trends and regulatory standards. This proactive stance not only signifies a significant milestone for Bybit but also underscores the overall advancement of the crypto exchange industry.
Source: prnewswire.com
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