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This week, the consumer electronics and gaming software retailer, Gamestop, has officially revealed the company’s self-custodial, Web3 ethereum wallet. The wallet is currently in beta form and now available via the firm’s web portal, in order to provide users with a wallet that stores crypto assets and non-fungible tokens (NFTs). Furthermore, the wallet utilizes Loopring’s layer two (L2) ZK-rollup technology to provide users with “fast [and] fairly priced transactions.”
Gamestop Wants to Bring Power to Players via the Company’s Self-Custodial Ethereum Wallet
For quite some time now, it’s been well known that Gamestop was getting into the NFT space and that the gaming software retailer planned on releasing an NFT marketplace. At the end of March 2022, Gamestop explained it had partnered with the Ethereum L2 scaling project Loopring, and noted the company would leverage Loopring’s ZK-rollups.
Now Gamestop has unveiled its non-custodial, Web3 ethereum wallet that uses the ZK-rollup tech for cheaper transactions. The wallet will allow gamers to store in-game NFTs, but it also holds Ethereum-based crypto assets as well. Gamestop plans to launch the company’s NFT marketplace in July and aims to give “power to the players.”

“Gamestop Wallet is a simple and secure way to get started with Web3. Use your GameStop Wallet to buy, hold, swap, display, and utilize Ethereum-based assets,” the wallet’s description says. Gamestop Wallet is a self-custodial ethereum wallet, meaning you are always in full control of your wallet and assets.” Gamestop’s wallet summary further notes:
Harnessing the power of Loopring’s ZK-rollup [tech] — an Ethereum Layer 2 scaling protocol – Gamestop gives you low-cost and fast transactions, with Ethereum security, opportunity, and global reach. This allows you to reduce gas fees and network congestion, while always remaining in control of your funds.

Gamestop’s wallet is similar to Metamask and provides the user with a desktop version of the software. While the company worked with Loopring on the wallet’s technology, the NFT marketplace will use Immutable X technology. Gamestop partnered with Immutable X on February 3, 2021, and launched a $100 million NFT fund.
Additionally, the wallet’s privacy policy explains that the software does monitor the user’s data. Data collected includes “contact and profile information, display names, email address, profile biography, Ethereum public address details, and Twitter and Reddit usernames.” An iOS version of Gamestop’s wallet is “coming soon,” according to the website.
What do you think about Gamestop’s ethereum wallet? Let us know what you think about this subject in the comments section below. 



























This week, the consumer electronics and gaming software retailer, Gamestop, has officially revealed the company&#x2019;s self-custodial, Web3 ethereum wallet. The wallet is currently in beta form and now available via the firm&#x2019;s web portal, in order to provide users with a wallet that stor...

news.bitcoin.com

Gamestop Launches Web3 Ethereum Wallet That Leverages Loopring’s ZK-Rollup Tech


ApeCoin has surpassed Tether (USDT) and Loopring (LRC) as the third most purchased cryptocurrency after Ethereum (ETH) and USDC by the top-100 Ethereum wallet addresses. 



APE is the native asset of the ApeCoin ecosystem. APE rose to an all-time high price of $39.40 on March 17, 2022, on the back of FOMO and a recovering crypto market. 



APE has seen an average of $2.07 billion in daily trading volume in May buoyed by the launch of the Otherside metaverse. This is a signal of consistent investor interest in the cryptocurrency. 



According to Be[In]Crypto research, APE has become the third-most purchased digital asset with an average purchase amount of $157,609 and an average quantity of 12,721 APE. 



Aside from APE, other digital assets such as Tether (USDT), Chiliz (CHZ), Fantom (FTM), Yearn Finance (YFI), and Loopring (LRC) are among the most purchased cryptocurrencies by the top-100 wallet addresses.







Source: WhaleStats



APE thrives on the ecosystem built around the Bored Ape Yacht Club NFT collection by Yuga Labs. At the time of publishing, BAYC is the third-biggest digital collectible by sales volume. 



BAYC’s popularity and ApeCoin’s use as an eligibility requirement in receiving free airdropped land deeds during the Otherside metaverse launch have contributed to the increasing demand for the cryptocurrency.



What’s the latest on ApeCoin? 



The communities of the Bored Ape Yacht Club and the Mutant Ape Yacht Club (MAYC) are part of the APE ecosystem. These digital collectibles play an integral role in an airdrop event that will see 150 million APE released to holders of the NFTs. 



BAYC holders are eligible to claim up to 10,094 APE while MAYC holders are eligible to claim up to 2,042 APE. 



Earners of APE from this event have up to 90 days to claim their coins or the unclaimed coins will be sent to the Fund of the ApeCoin ecosystem. The ApeCoin airdrop began in March and will end on June 15, 2022. 
The post ApeCoin (APE) Becomes Third Most-Purchased Crypto by Top-100 Ethereum Wallets appeared first on BeInCrypto.


ApeCoin has surpassed Tether (USDT) and Loopring (LRC) as the third most purchased cryptocurrency after Ethereum (ETH) and USDC by the top-100 Ethereum wallet addresses.
The post ApeCoin (APE) Becomes Third Most-Purchased Crypto by Top-100 Ethereum Wallets appeared first on BeInCrypto.


beincrypto.com

ApeCoin (APE) Becomes Third Most-Purchased Crypto by Top-100 Ethereum Wallets

Ethereum’s richest bagholders have been shuffling their altcoin stacks as ETH and the overall crypto markets teeter.
According to data from whale-monitoring platform WhaleStats, Apecoin (APE), a token airdropped to members of the Bored Ape Yacht Club non-fungible token (NFT) community, is the most purchased altcoin among the biggest Ethereum whales at time of writing, excluding stablecoins and ETH itself.

As per WhaleStats, the top 100 Ethereum whales have an average of 13,826 APE sitting in their wallets, with an average purchase amount of $172,216.
Also grabbing the attention of the whales is Loopring (LRC), an Ethereum-based token that allows for building decentralized exchanges using zero-knowledge proofs. According to the whale-tracking service, the average Ethereum whale within the top 100 list has an average token quantity of 37,880 LRC worth $26,669.
The sixth most purchased altcoin among Ethereum’s wealthiest entities is API3, the native token for the API3 project which aims to connect traditional application programming interfaces (APIs) to the blockchain world.
Also appearing on the list is decentralized streaming service Audius (AUDIO), social token platform Chiliz (CHZ), decentralized finance protocol Yearn Finance (YFI) and smart contract platform Fantom (FTM).
Ethereum is above all other crypto assets as the deep-pocketed investors have purchased an average of 368 ETH worth $994,008. The two other tokens on the top ten list are stablecoins USD Coin (USDC) and Tether (USDT).
 
Source: WhaleStats
 
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Featured Image: Shutterstock/Mia Stendal/Natalia Siiatovskaia
The post Whales Are Quiety Accumulating ApeCoin, Loopring and Five Additional Ethereum-Based Altcoins, According to WhaleStats appeared first on The Daily Hodl.


Ethereum&#8217;s richest bagholders have been shuffling their altcoin stacks as ETH and the overall crypto markets teeter. According to data from whale-monitoring platform WhaleStats, Apecoin (APE), a token airdropped to members of the Bored Ape Yacht Club non-fungible token (NFT) community, is t...

Loopring price	$0.378799
Low - High 24H	$0.378216 - $0.399274
Market cap	$472.98M
Volume 24H	$62.79M
All time high	$3.75 -89.90% November 10th 2021
All time low	$0.019639 1827.67% December 18th 2019
Genesis date	N/A

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