Blockchain company Zilliqa is launching a Web3 focused console with a cryptocurrency wallet and mining capabilities, along with featuring gaming titles from the company. On Sept. 23, prototype images were released showing an array of ports including HDMI, Ethernet and USB connections, although full hardware specifications and the price of the unit remain guarded. The console itself looks similar to something from Xbox, but has two green panels on the top. The #Zilliqa gaming console seems to be taking a page form the OG Xbox playbook by putting letter into the hardware design.$ZIL #web3 #playtoearn pic.twitter.com/mln1kiUrwD — ChaseRaz (@ChaseRaz) September …

Zilliqa (ZIL) continues its supersonic bull run this week after reports that it will officially launch a so-called metaverse-as-a-service (MaaS) platform in April. ZIL rallied nearly 25% in one day to $0.22 a token by Wednesday, its best level since May 13, 2021. Its strong move came as a part of a rebound rally that started March 26 when it was trading for as low as $0.047. As a result, its net gains in the past six days came out to be more than 350%. Metaverse FOMO Traders started flocking to the Zilliqa market a day after it announced the …

As Bitcoin (BTC) finally broke out of the $46,000 resistance on March 27, traders were quick to conclude that the bearish trend was gone for good. Even as the price hit its highest level in 84 days, derivatives metrics and Asia’s Tether premium still show a lack of bullish sentiment. While analysts will struggle to find a rationale for the modest 5.8% 24-hour gain that pushed Bitcoin above $48,500, we still have to account for the daily 3.8% average volatility. For instance, over the past 12 months, BTC presented a daily swing higher than 5.8% in 44 instances, ranging from …

One of the most important factors in the long-term success of a blockchain platform is having an active community of supporters and developers that work to showcase the capabilities of the network by creating new products and interacting with projects on the protocol. Zilliqa (ZIL) is one project that saw its price surge throughout August as developers built out its ecosystem and made improvements to the protocol. Data from Cointelegraph Markets Pro and TradingView shows that after hitting a low of $0.05 on July 20, the price of ZIL proceeded to rally 145% to a swing high at $0.1244 on …

Indian cryptocurrency exchange Unocoin has adopted the blockchain-based Unstoppable Domains, which simplifies crypto transactions by turning blockchain addresses into human-readable web URLs. Announced on Wednesday, the partnership between Unocoin and Unstoppable Domains — both funded by Silicon Valley investor Tim Draper — is expected to reduce remittance costs and simplify the transaction process for the exchange’s 1.2 million users. Unstoppable Domains turns crypto addresses into decentralized websites on the Ethereum and Zilliqa blockchains. Instead of sending coins to a 42-character blockchain address, Unstoppable Domains allows users to create simple URLs ending in “.crypto” and “.zil” extensions. Domain names need only …

Rare Cask Holdings has listed a tokenized rare whiskey collection on the Singapore-based Hg Exchange. The premium whiskey collection — “Casks of Distinction” — was tokenized on the Zilliqa blockchain based on its ZRC-2 token standard. Commenting on the whiskies in the tokenized collection, Saayan Choudhury, senior director of commercial technology at Zilliqa told Cointelegraph: “The Casks of Distinction represent a collection of rare, high-quality single-malt scotch whisky casks being held and matured at Scottish distilleries, including a Port Ellen 1979, Mortlach 1993, Caol Ila 1990, Benrinnes 1992 and a Talisker 1989 — each of which are estimated to mature …

During a bull market, negative news is quickly digested, and the collateral damage is often limited. Therefore, even as XRP price dumped aggressively due to the uncertainty regarding the outcome of the United States Securities and Exchange Commission's lawsuit, other altcoins have largely been unaffected. Moreover, as Bitcoin’s (BTC) strong rally takes a breather, several altcoins have broken out of their overhead resistance levels and are attempting to resume their uptrend. Let’s look at a few tokens that have risen sharply in the past few days and analyze their charts to ascertain whether the rally could extend further. ZIL/USD Zilliqa's …

In the past month, Bitcoin (BTC) and Ether (ETH) basked in the limelight as each rallied to new yearly highs. Investors tend to focus their energy on the larger cap altcoins, which leads to smaller cap coins that reside outside of the top-10 being ignored. For example, Zilliqa (ZIL) has rallied 69% in the last 30-days. Despite this impressive performance, the altcoin has significantly underperformed Ether in the past six months. The project was founded in 2017 by National University of Singapore researchers who w looking to bring scalability to smart contracts. Currently, ZIL is ranked 49 on CoinMarketCap, ahead …

Singapore-based payments company Xfers announced on Monday the official release of its XSGD stablecoin, pegged to the Singapore dollar. The stablecoin would be one of the first Singapore dollar-denominated tokens, giving Singaporean businesses and individuals a way to transact with crypto backed by their national currency. XSGD is launched on the Zilliqa and Ethereum blockchains. The token is launched as part of Xfers’ StraitsX initiative. The stablecoin is said to be Travel Rule-compliant, though Aymeric Salley, head of StraitsX, told Cointelegraph that this primarily involves PSN01 guidelines by the Monetary Authority of Singapore. The set of rules primarily deals with …

While the price of Bitcoin (BTC) has been consolidating under $10,000, several altcoins have shown tremendous rallies such as Theta Token (THETA) and Zilliqa (ZIL). Zilliqa, in particular — the 40th-ranked cryptocurrency by market capitalization — has seen a surge of 950% since the crash in March, which warrants an analysis of whether ZIL’s monster rally is finished or just getting started. Crypto market daily performance. Source: Coin360 Zilliqa rallies toward $0.02 after hitting a bottom of $0.0022 in March After Zilliqa hit its cycle low at $0.0022, the cryptocurrency rallied massively toward $0.02. That’s a surge of 950% and …

Ten31, the FinTech arm of Germany’s WEG Bank, has partnered with Singaporean technology incubator, Anquan Capital. While the entities have yet to detail the specific projects they’ll work together on, a press release announced that the partnership will involve exploring blockchain applications within the context of banking and financial services. Anquan Capital has launched a number of distributed ledger technology, or DLT, firms, including Zilliqa and Anqlave. Ten31 chief executive, Matthias von Hauff, stated: “With Anquan as a shareholder, we have added yet another ideal partner to our network. Not only do we benefit from their excellent technologies, but we …

Singapore-based blockchain firm Zilliqa launches blockchain workshops in collaboration with Oxford University to encourage diversity in the industry. Together with Zilliqa, the Oxford Women in Computer Science Society (OxWoCS), an Oxford society that aims to support women in computer science, will carry out a series of interactive workshops called Blockchain A-Z, according to a press release shared with Cointelegraph on Oct. 31. Winners to apply for grants to Zilliqa's $5 million Ecosystem Grant Programme According to the announcement, Blockchain A-Z will be conducted on-site at the University of Oxford and will be open to all students currently enrolled at the …