Tag Archives: CryptoKitties

CryptoKitties craze slows down transactions on Ethereum

Image copyright www.cryptokitties.co A new craze for virtual kittens is slowing down trade in one of the largest crypto-currencies. CryptoKitties lets players buy and breed “crypto-pets” on Ethereum’s underlying blockchain network. The game’s developers told the Bloomberg news agency that CryptoKitties was a “key step” to making blockchains more accessible. But its popularity has underscored […]

This man has made more money trading cryptokitties than investing in his IRA

CryptoKitties, a game where users breed and trade digital kitties using Ethereum-based smart contracts, has emerged as the latest mark of society’s obsession with rising cryptocurrency values. In some ways, the popularity of the game reflects the skyrocketing values of digital currencies like Bitcoin and Ether. Total sales on the platform created by Canadian startup […]

Scratch That: CryptoKitties Isn’t Ethereum’s Vision for Apps

Ethereum creator Vitalik Buterin cried himself to sleep the night “World of Warcraft” maker Blizzard Entertainment altered his “beloved warlock’s Siphon Life spell.” According to Buterin, the online role-playing game forever changed his outlook toward app development. “On that day, I realized what horrors centralized services can bring,” he writes on his official “About.me.” Aspiring to offer […]

Ethereum-based Blockchain Game ‘CryptoKitties’ is Coming to Mobile

If you’ve been even remotely exposed to financial news in the last couple months, you’ve no doubt heard about cryptocurrencies. Bitcoin is the biggest, but there’s also Litecoin and Ethereum in the spotlight (along with countless other altcoins). They’re all exploding in value right now, and if you feel like getting on this completely ridiculous […]

Virtual Cats ‘CryptoKitties’ Taking the Ethereum Blockchain by Storm

The Ethereum world is going gaga with breeding and trading virtual cats! Yes, you read that right! Dubbed as CryptoKitties, the game application allows users of the Ethereum blockchain to breed, sell, and buy virtual cats using Ether (ETH). It was just launched on November 28th, but it’s already hailed as the most popular application […]

Ethereum Reaches Record as CryptoKitties Stabilize

The highly popular game CryptoKitties has decreased its gas usage to around 12% of the network from peaks above 20%, with new lowered prices on the “breeding” smart contract. With the network congestion resolved, Ethereum spiked again after the recent slump.  ETH prices rose more than 12% overnight toward $525. The coin is up a […]

Are CryptoKitties Ethereum’s Hottest Commodity? | Bank Innovation

Think cryptokitties is not serious business? Think again. The Ethereum-based digital kitten collectibles game has taken over the blockchain platform. On Sunday, one such digital kitty sold for more than $120,000 (£90,000). Overall, according to a CoinBase article the cryptokitty sale reached $12 million last week. And the trend shows no sign of slowing down: […]

CryptoKitties Sales Hit $12 Million, Could be Ethereum’s Killer App After All

CryptoKitties, the Ethereum-based digital kitten collectibles game, has processed more than $12 million in sales on its decentralized marketplace. Essentially, CryptoKitties is a Tamagotchi-like game developed as a decentralized application (dapp) launched on top of the Ethereum protocol. Each digital kitten represents a unique crypto asset and the ownership of it cannot be altered, as […]

Ethereum Price Achieves New All-Time High at $518, CryptoKitties Effect?

Get Trading Recommendations and Read Analysis on Hacked.com for just $39 per month. Ethereum price has achieved a new all-time high at $518, surpassing its previous all-time high established on November 29, at $514. According to leading cryptocurrency market data providers CryptoCompare and CoinMarketCap, the vast majority of recent trades were processed in the US […]

CryptoKitties or CryptoCatastrophe? Viral Kitties Cause Massive Delays on Ethereum Network.

In response to criticisms that Ethereum clearly lacks the scale to handle such demand, Ethereum Co-Founder Joseph Lubin emphasized the quality of the global developer team working on the network’s open-source software. “With the largest developer community of any blockchain platform by far, the Ethereum blockchain is in an excellent position, especially at this early […]

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