Nifty League Wins Big with $5 Million Seed Investment Round

March 9, 2022

Los Angeles, California – NFT gaming platform Nifty League has revealed it has closed a $5 million seed investment round that will help fuel its expansion across the metaverse.

Launched in September 2021, Nifty League brings competitive gaming to Web3 – moving away from play-to-earn into a new era of play-and-earn by offering a fun and engaging gaming ecosystem.

The Niftyverse is an expanding collection of games and community anchors centered around nostalgia on a cutting-edge platform. It encourages builders, players, and owners to connect, game, and earn in Web3.

Andrew Mahoney-Fernandes, CEO of Nifty League, said seed round capital would be used to build out the team with key strategic hires, scale the platform, enhance their product offering and capabilities, and fuel awareness and engagement across their growing ecosystem.

“This milestone is a testament to the strength of our community and vision for what Web3 gaming can become,” said Mr. Mahoney-Fernandes. “This new funding will allow us to bring our community’s vision to light as we continue expanding our game offerings while building out the Niftyverse and its developer ecosystem.

“For us, it’s always been about empowering our users to have a real voice in shaping the growth and evolution of our platform, and NFTs make it possible to add that next level of dimension to our games.”

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Nifty League released “Nifty Smashers” at launch, with a pipeline of additional games planned for future development.

Matt Higgins, Co-founder, and CEO of New York-based RSE Ventures, which led the investment charge in the seed investment round, said: “NFT gaming has exploded into a multibillion-dollar industry.

Nifty League came roaring out of the gate with one of the most innovative P2E games to hit the market – establishing their position as a dominant force in this new frontier of the metaverse.

“Nifty League’s minting process was brilliant, with characters reflecting tremendous artistry and ingenuity from the community. Nifty League’s potential is limitless, and we’re thrilled to partner with Andrew and the team as they continue scaling the platform and roll out new gaming options and experiences for their community.”

Additional participants in the round include Spartan Group, Lerer Hippeau, VaynerFund, Private Ventures Group, Advancit W3, Avocado Guild, EVOS Gaming, TEOH Capital, 3SE Holdings, y2z Ventures, Nyan Heroes, DraftKings Co-founder Matthew Kalish, and Gallery Media Group CEO Ryan Harwood, among others.

For more information:
www.niftyleague.com.
Meghan Vita, Nifty League
Phone Number: +1 (310) 648-0801

Nifty League. Compete & Earn NFT Gaming Metaverse. (n.d.). Retrieved March 9, 2022, from https://niftyleague.com/

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Solana Investors Maintain Their Focus As They Double Their Mpeppe Bag

Solana (SOL) Investors Flock to Mpeppe (MPEPE) Amidst Market Shifts Solana (SOL) has established itself as one of the leading cryptocurrencies, delivering exceptional growth over the past 11 months. Recent market trends have seen Solana (SOL) investors diversify their portfolios, driven by the rising interest in a new AI-powered gambling meme coin, Mpeppe (MPEPE). Despite Solana’s success, many investors are now hedging their bets on Mpeppe (MPEPE), drawn by its growth potential and innovative utility. Solana (SOL): Recent Performance and Concerns In the past few weeks, Solana (SOL) has encountered a challenging period, with two consecutive red candles indicating a potential reversal in its bullish trend. Solana’s price currently stands at $131, reflecting a 3% drop within the past 24 hours. Despite months of gains, the failure to break key resistance levels, notably at $138, has sparked concerns among investors and analysts alike. With Solana hovering near critical support levels, market watchers are closely monitoring the potential emergence of a bearish market structure. Analysts are particularly concerned about the possibility of a “death cross” pattern, which could signal a more extended downturn. This bearish signal occurs when the 200-day Simple Moving Average (SMA) crosses above the 50-day SMA, often foreshadowing the end of an uptrend. Despite these concerns, there are still short-term recovery signals. The Moving Average Convergence Divergence (MACD) indicator shows that bearish momentum is weakening, giving some investors hope for a reversal. Nevertheless, an increasing number of Solana investors are turning their attention toward Mpeppe (MPEPE) as a potential hedge against further losses. Mpeppe (MPEPE): The New Star in the Crypto Market The emergence of Mpeppe (MPEPE), an AI-powered gambling token, has generated significant buzz in the cryptocurrency space. Mpeppe (MPEPE) combines the fun and speculative nature of meme coins with a tangible use case: decentralized gambling. This unique value proposition has attracted both casual and serious investors looking to capitalize on Mpeppe’s potential. Mpeppe (MPEPE) offers users access to a decentralized gambling platform where they can participate in games powered by AI algorithms, ensuring fairness and transparency. By eliminating intermediaries, Mpeppe (MPEPE) stands out from other gambling tokens and meme coins, providing a real-world utility that adds to its appeal. For many Solana (SOL) investors, Mpeppe’s (MPEPE) early-stage market positioning presents an opportunity for exponential returns. Currently priced at just $0.0021, Mpeppe (MPEPE) is in its infancy, offering the potential for rapid growth as it gains traction. Long-time supporters of Solana are seizing the opportunity to double down on Mpeppe (MPEPE), hoping to capture massive gains before the token reaches its next significant price level. Solana (SOL) vs. Mpeppe (MPEPE): A Tale of Two Cryptos While Solana (SOL) remains a key player in the cryptocurrency market, recent concerns about its performance have prompted many investors to seek alternatives. Solana (SOL) has enjoyed an impressive run over the last 11 months, but the potential formation of a bearish market structure has caused some unease. As Solana approaches critical support levels around $124, investors are left wondering whether the asset will rebound or continue its downward trajectory. On the other hand, Mpeppe (MPEPE) is experiencing a surge in interest, particularly among investors looking for the next big thing. The token’s AI-powered gambling platform and its strong position as a meme coin have positioned Mpeppe (MPEPE) as a promising alternative to more established cryptocurrencies. With early adopters doubling their holdings, Mpeppe (MPEPE) is quickly emerging as a formidable competitor in the market. The divergence in the performance of Solana (SOL) and Mpeppe (MPEPE) highlights the evolving nature of the cryptocurrency landscape. Investors who previously relied solely on Solana are now expanding their portfolios to include Mpeppe (MPEPE), drawn by its utility and growth potential. What Lies Ahead for Solana (SOL) and Mpeppe (MPEPE) As the crypto market continues to evolve, both Solana (SOL) and Mpeppe (MPEPE) present unique opportunities and challenges. Solana (SOL) remains a strong contender in the market, but its recent performance has shown signs of weakness. The failure to break key resistance levels could trigger further declines, prompting investors to explore alternatives. However, all is not lost for Solana. A recovery is still possible, especially if Solana bounces off the $124 support level. Indicators like the MACD suggest that bearish momentum is easing, offering hope for a short-term rebound. If Solana can regain its bullish momentum, it may continue to be a valuable asset in the crypto portfolios of many investors. Meanwhile, Mpeppe (MPEPE) continues to grow in popularity as more investors recognize the potential of its AI-powered gambling platform. The token’s utility, combined with its appeal as a memecoin, positions it for significant growth in the coming months. Investors who have already doubled their Mpeppe (MPEPE) holdings are well-positioned to benefit from its long-term potential. Conclusion: A Diversified Approach for Solana (SOL) Investors As Solana (SOL) investors navigate the uncertainties of the current market, diversification has become a key strategy. While Solana remains a valuable asset, its recent performance has prompted many to explore new opportunities like Mpeppe (MPEPE). This AI-powered gambling meme coin offers a unique blend of utility and growth potential, making it an attractive option for those looking to capitalize on the evolving crypto landscape. With Solana (SOL) facing potential challenges in maintaining its bullish momentum, Mpeppe (MPEPE) provides a compelling alternative for investors seeking high returns. As the crypto market continues to shift, those who diversify their portfolios stand to benefit from both the stability of established assets like Solana and the explosive potential of emerging tokens like Mpeppe (MPEPE). Solana and Mpeppe both have their merits, but in an ever-evolving market, a diversified approach is often the best path to success. newsbtc.com
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Celebrating 10 Years of the Hardware Wallet Revolution

As we celebrate the 10th anniversary of the first hardware wallet, it’s remarkable to see how far Bitcoin security has come. From the early days of precarious self-custody methods to the game-changing creation of the Trezor Model One, this revolution has transformed the way we protect our digital assets. With a decade of experience behind us, it’s worth revisiting the challenges of early Bitcoin self-custody, the pivotal impact of the first hardware wallet, the essential role of self-custody in today’s Bitcoin landscape, and the innovative advancements that continue to shape the future of crypto security. The Origin Story It all began in 2011 when Marek “Slush” Palatinus logged onto his mining pool server and discovered that 3,000 BTC were missing. This incident underscored a significant issue: even tech-savvy Bitcoin enthusiasts could fall victim to online attacks. At that time, securing and managing Bitcoin was a daunting task, primarily due to the reliance on software wallets that stored private keys on computers. These complex machines were vulnerable to numerous threats, allowing thieves to steal private keys controlling Bitcoin. The hack that cost Palatinus his 3,000 BTC was a stark reminder of these early vulnerabilities. Recognizing a pressing need for a simple, stand-alone device that could securely store Bitcoin, Slush, along with Pavol “Stick” Rusnák, embarked on creating the world’s first hardware wallet. Their vision was to develop an offline computer specifically designed to store Bitcoin securely, making it accessible to non-technical users. The concept was straightforward yet revolutionary: a small, single-purpose device that would keep private keys in an isolated environment, protected from online threats. Before Hardware Wallets Before hardware wallets became widely available, users relied heavily on software wallets installed on computers or smartphones, which exposed them to a range of security threats. Malware infections and various attacks were all too common. While paper wallets were considered more secure, they still required a computer to create the wallet. More secure methods, such as using air-gapped computers for cold storage, required significant technical expertise and still lacked an adequate level of security for larger amounts of Bitcoin. Usability was another significant challenge; early Bitcoin wallets often featured clunky interfaces and complicated backup processes. Many users failed to back up their wallets properly, leading to permanent loss of funds if a device was lost or damaged. Awareness of best practices for backups was low, and the lack of standardized backup methods further increased the risk. A major improvement in backup standardization came with the introduction of Hierarchical Deterministic (HD) Wallets with BIP32 in 2012, which allowed for easier and more reliable backups. Despite these advancements, easy and user-friendly options for newcomers were still lacking. In short, the period before hardware wallets were marked by significant security and usability challenges, making Bitcoin self-custody a complex and risky endeavor. The First Hardware Wallet In the years leading up to 2014, various attempts were made to develop simple, single-purpose devices for cryptocurrency storage. However, these efforts often failed to gain traction or meet the necessary security standards. Recognizing the need for a robust solution, Slush and Stick monitored the landscape for two years before deciding to create their own hardware wallet. In 2014, they released the Trezor Model One, the first-ever hardware wallet, which combined user-friendly design, truly random private key generation, and the ability to sign transactions completely offline. This device also implemented the BIP39 standard, which allows users to back up wallets using a list of 24 words representing the private keys. This standard has been widely adopted and is now familiar to anyone who has put their Bitcoin in self-custody. When users first connect the device, it guides them through the setup process to create a new wallet. The device generates a recovery seed, representing a human-readable version of the wallet’s master private key, enabling recovery in case of device malfunction. Users are prompted to write down this list of words, ensuring the wallet is backed up and the private keys remain offline. This onboarding process ensures that users create a backup and keep it secure, making hardware wallets accessible to both beginners and experienced users. The Open Source Advantage A key aspect of Bitcoin is its commitment to open-source principles, which the founders of Trezor adhered to when developing the Trezor Model One. This approach has been widely adopted by most manufacturers in the industry. Open-source software allows the community to audit and verify a system’s integrity, ensuring that potential vulnerabilities can be identified and addressed promptly. This transparency emphasizes the Bitcoin ethos of “Don’t trust; verify.” The Importance of Self-Custody Throughout Bitcoin’s history, numerous crypto exchanges and custodians have collapsed or suffered severe security breaches, highlighting the importance of holding your private keys. The mantra “not your keys, not your coins” emphasizes that relying on third-party institutions means trusting someone else with your assets, which can lead to significant problems if the exchange gets hacked, mismanaged, or faces legal issues. The Mt. Gox incident in 2014, one of the earliest and most notable exchange collapses, resulted in the loss of 850,000 Bitcoins, valued at hundreds of millions of dollars at the time. This catastrophic failure was due to both hacking and mismanagement, leaving users unable to recover their funds. Other notable incidents include the Bitfinex hack in 2016, which resulted in the theft of nearly 120,000 Bitcoins, and QuadrigaCX in 2019, where users lost access to their funds after the sudden death of its founder, the only person with the keys to the exchange’s wallets. The FTX collapse in 2022 further reinforced the dangers of entrusting assets to centralized entities, with mismanagement and fraudulent activities leading to the loss of billions and shaking confidence in centralized exchanges. By using hardware wallets, individuals can achieve true financial independence, keeping their digital assets safe from the vulnerabilities of trusted custodians. The Evolving Landscape of Hardware Wallets Over the past decade, the hardware wallet industry has greatly expanded, with many companies offering a variety of products and features to meet different needs. >>Read more
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How do Bitcoin casinos work?

Are Bitcoin Casinos A Real Thing? Like spinning the wheel? Well, Bitcoin casinos are a real thing, and here is everything you need to know about them. While some Bitcoin enthusiasts prefer the calculated gamble of investment and day trading, others have taken to high-roller casino websites to roll the proverbial dice. What are Bitcoin Casinos? Confused about what Bitcoin casinos are? Well, just Google online casinos and you will know what you have been looking for. Bitcoin Casinos are online casinos that allow the player to make use of crypto-currency in preference or alongside the flat currency. In the last few years, many online casinos have surfaced and they offer a wide array of games and services to gamblers looking to transact in Bitcoin instead of the regular currency such as the US Dollar. Bitcoin casinos are not just associated with playing roulette or poker but you can also enjoy lotteries, sports-based betting or spread betting. Instead of using the term Bitcoin or “BTC”, many Bitcoin casinos have preferred using the term “mBTC” or “millibitcoin”, a term that is used to denote one-thousandth of a Bitcoin. How do Bitcoin casinos work? Crypto-currency is extremely safe for the process of transaction and it works in the same way traditional counterparts work. If you are a new user who wants to register for online gambling, Bitcoins casinos will provide you with fresh in-house wallets at the time of registration. You can also check out SilentBet.com to search for the best bookmarkers in case you want to bet on safer platforms. It allows you to survey through the list of the best bookmarkers available and choose the most reliable one. Once you sign up at the online casino, your bets will be made on the base of the funds you have stored in your wallet. You will either lose or win on the sum of the amount present in your account during the game. Some Bitcoin casinos have taken the game to the next level and they offer huge jackpots for their players. You get the chance of winning 5000 BTC on a single spin entirely based on your luck. Once the game has concluded, any profits that the user has made during the game are returned to the user’s account and the loss has been deducted. From there, the user can draw out funds to his private account when needed. However, most of the casinos have a withdrawal limit so that users don’t make big withdrawals all at once. You should always read the terms and conditions of Bitcoin casinos before signing up on any platform. Why Bitcoin casinos have become so popular? Since Bitcoin’s emergence, the world’s foremost cryptocurrency has found favor amongst internet casinos thanks to its pseudonymity and ease of transfer. Most of the online casinos have adopted the Bitcoin method to refrain from having to deal with regulatory purviews. Bitcoin casinos also offer their players zero transaction fees even if they want to draw funds several times daily which is one of the reasons why it has become popular. These casinos have also been offering amazing Bitcoin jackpots so you can understand why people would like to bet on them. So, this is why Bitcoin casinos have become a real thing and if you are a fan of gambling, this is something you should check out.
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Bitsgap: The Only Digital Assistant for Crypto Trading You Need

Cryptocurrencies keep getting increased interest, while the market keeps gaining momentum. There are an array of different strategies to adopt when attempting to profit from this fast-paced market, some of which include day trading, swing trading, and long-term investment, which is holding. All these trading strategies can be performed in both manual and automatic modes. The mental and physical input into the process of manual trading may seem difficult, especially for beginners. The stakes are getting even higher when the market gets highly volatile. This is the moment when investors can fully benefit from automated bots, without getting involved in every inch of the trading process. What is Automated Trading? Automated trading involves the use of pre-installed algorithms for trading cryptocurrencies. Also known as algorithmic trading, it helps investors capitalize on every trading opportunity. The most efficient Bitcoin trading bots can capture quick and short-lived market moves, regardless of their direction, unlike manual trading, where the trader may miss these temporary and profitable movements. Despite not being fully involved in every trade that bots make, the trader’s input is still required to configure bots to operate in alignment with his trading plan. These can be programmed to generate returns in the long-term perspective or get maximum from a sudden market surge. Trading bots may be tuned to stop operating after reaching target profit levels or work until traders close them manually. Many online platforms on the market provide automated trading services and allow investors to connect their accounts on exchanges to trading algorithms. However, only a few stand out and have received positive reviews from users globally. Among them is the Bitsgap platform. What is Bitsgap? Bitsgap is a cloud-based crypto trading platform established in 2017. It enables investors to monitor their portfolios from exchanges in a single interface. Aside from this, Bitsgap offers a wide range of services that include one of the market’s best-automated bots, arbitrage trading, demo trading, and various signals and indicators. Bitsgap’s automated trading tools are a major attraction for investors around the world and are widely used by them. With support for more than 25 crypto exchanges, crypto investors may connect their accounts on different exchanges via APIs to use trading bots and access their accounts through the Bitsgap platform. Major exchanges like Binance, Coinbase, and Kraken recognize the Bitsgap platform and help their users facilitate this connection. The Bitsgap platform was established by a group of traders, experts, and programmers who felt the need to create tools that would make cryptocurrency trading simple and profitable. Bitsgap aims to be a sovereign and efficient solution for automated trading via a wide variety of analytical tools. Let’s take a look at some of these tools. Trading with Bitsgap Using the popular trading interface TradingView investors have access to more than 100 technical indicators and over 50 tools for drawing and customizing charts and patterns. They can also access the interface of different exchanges, switching through them as long as they are connected to the Bitsgap platform. Bitsgap has made trading more comfortable for users by allowing them to switch between day and night modes. Its trading interface also features open positions, recent trades, and trade history, and enables investors to view and manage the balance on each of their portfolios. The Bitsgap platform has set up different trading orders giving more options to investors in their trading journey. Some of these orders can be found on most crypto exchanges. They include: Stop Loss and Take Profit: These tools help investors hedge against losses when a trade does not go as planned. Market Order: This order type allows the purchase of crypto assets at the best price available on the exchange. Stop-limit Order: Investors use this order type to execute trades at any price of their choice. Shadow Order: This is a unique order type and will most likely not be what major crypto exchanges offer. Investors who utilize this order are allowed to trade off an exchange’s order book until their price target is met. Bitsgap Trading Bot Bots for trading crypto are Bitsgap’s most enviable feature that has proven to be extremely useful for investors who intend to automate the profit flow from their investments. Analytical instruments help investors make decisions on which cryptocurrency to buy and when to sell it. These bots ration investments in line with a trader’s preferred range while maximizing returns on each investment. Although the gains made on them could be small, they are frequent and would be worthwhile at the end of each trading period. Bitsgap’s trading bots work round the clock such that as soon as one order is executed, another is placed immediately. They continue to do this every time a small and profitable opportunity surfaces. One major advantage of trading bots is that even when the market is declining, they limit a trader’s losses by taking advantage of a brief uptrend. Investments are distributed using the grid strategy, whereby a trader’s price range is divided into multiple levels. Bitsgap Classic bot purchases and sells off the same amount of the base cryptocurrency on each level, while the SBot sticks with the same amount of quote currency per level. This makes Sbot most effective on the sideways market, while the Classic bot performs at its best during the uptrend. The Combo bot is another great trading instrument that is now working only with Binance Futures. It combines grid and DCA technology with leveraged trading that dramatically increases potential profits. However, such a performance boost comes at a price and may lead to partial or even total liquidation of a deposit in case of choosing the wrong trend direction. To launch trading bots, you must possess initial funds on your exchange accounts. The minimum deposit is determined by the exchange, the trading pair you have chosen, and the number of orders you want to be placed by the bot. After connecting their exchange’s API to Bitsgap, users may pick a trading pair, the number of grid >>Read more
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The Risks and Benefits of Investing in Cryptocurrency

Investing in cryptocurrency has become increasingly popular in recent years, driven by the potential for high returns and the allure of decentralized digital assets. However, investors need to understand the risks and benefits associated with this emerging asset class before diving in. In this comprehensive guide, we’ll delve into the potential rewards and pitfalls of investing in cryptocurrency, equipping you with the knowledge needed to make informed investment decisions. Understanding Cryptocurrency Investment Cryptocurrency investment involves purchasing digital assets with the expectation of earning a profit over time. Unlike traditional investments such as stocks or bonds, cryptocurrencies are decentralized and operate on blockchain technology, which enables peer-to-peer transactions without the need for intermediaries. Benefits of Investing in Cryptocurrency Potential for High Returns: Cryptocurrencies have demonstrated the potential for significant price appreciation, with some assets experiencing exponential growth over relatively short periods. Diversification: Cryptocurrencies offer diversification benefits for investors looking to hedge against traditional asset classes such as stocks and bonds. Accessibility: Cryptocurrency markets operate 24/7 and can be accessed from anywhere in the world, providing investors with greater flexibility and accessibility compared to traditional financial markets. Decentralization: Cryptocurrencies are decentralized and operate on blockchain technology, which reduces reliance on centralized institutions and intermediaries, potentially increasing transparency and security. Risks of Investing in Cryptocurrency Volatility: Cryptocurrency markets are highly volatile, with prices subject to rapid fluctuations driven by factors such as market sentiment, regulatory developments, and technological advancements. Regulatory Uncertainty: Regulatory uncertainty poses a significant risk to cryptocurrency investors, as changes in government regulations or crackdowns on cryptocurrency exchanges can impact market liquidity and investor confidence. Security Risks: Cryptocurrency exchanges and wallets are vulnerable to hacking and cyberattacks, resulting in the loss of investor funds. Additionally, the irreversible nature of blockchain transactions means that once funds are sent, they cannot be recovered. Lack of Investor Protection: Unlike traditional financial markets, cryptocurrency investments are not protected by government-backed insurance schemes or regulatory agencies, leaving investors vulnerable to fraud and scams. Mitigating Risks and Maximizing Rewards Diversification: Diversifying your cryptocurrency portfolio across different assets can help mitigate risk and reduce exposure to individual assets’ volatility. Due Diligence: Conduct thorough research and due diligence before investing in any cryptocurrency project. Evaluate factors such as the team’s credibility, project fundamentals, market potential, and community support. Risk Management: Implement risk management strategies such as setting stop-loss orders, diversifying your investment portfolio, and only investing what you can afford to lose. Stay Informed: Stay informed about market trends, regulatory developments, and technological advancements in the cryptocurrency space to make informed investment decisions. Conclusion In conclusion, investing in cryptocurrency offers both potential rewards and risks for investors. While the potential for high returns and decentralization appeal to many investors, it’s essential to understand and mitigate the risks associated with volatility, regulatory uncertainty, and security vulnerabilities. By conducting thorough research, practicing risk management, and staying informed about market developments, investors can navigate the cryptocurrency landscape with confidence and maximize their chances of investment success. Ready to explore the world of cryptocurrency investment? Start by educating yourself about the risks and benefits, conducting thorough research on potential investment opportunities, and developing a sound investment strategy that aligns with your financial goals and risk tolerance. Remember to stay disciplined, diversify your portfolio, and seek guidance from reputable sources or financial advisors to make informed investment decisions in the dynamic and evolving cryptocurrency market.
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Nifty League Wins Big with $5 Million Seed Investment Round

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