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Music integration platform STYNGR partners with blockchain ecosystem onXRP and indie music label Armada Music to launch an exclusive album in upcoming Maladroids video game built on the XRP Ledger

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Music Integration Platform Styngr Partners With Blockchain Ecosystem Onxrp And Indie Music Label Armada Music To Launch An Exclusive Album In Upcoming Maladroids Video Game Built On The Xrp Ledger
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In an industry-first move, two major EDM artists will release their first collaborative album in Maladroids, the ten-person battle royale obstacle run game, set to launch its first level in September 2022.

LOS ANGELES–(BUSINESS WIRE)–Styngr, the first music integration platform for gaming and the metaverse, is excited to announce its partnership with blockchain developer onXRP and blockchain partner Ripple to launch a music integration in the upcoming free-to-play battle royale running game Maladroids on the XRP Ledger (XRPL). Set to release the first level this month, the collaboration will see an in-game radio station with a curated playlist of electronic dance music (EDM) in partnership with music label Armada Music, including an industry-first move to release new tracks from Tom Staar and Kryder, two major artists of the Genre.

Developed by onXRP, Maladroids initial release will see players compete as droids in groups of ten through an obstacle run, using speed and agility to push over opponents and race to the finish line. New game-modes and maps will be added in subsequent releases. Enabled with play-to-win capabilities using onXRP’s staking system, emboldened racers can leverage the platforms and underlying blockchains native tokens, $OXP and $XRP, in a cumulative pool, with those first to cross the finish line taking it all home. Maladroids is the first game to be hosted on the XRP Ledger (XRPL) – an open source, public and decentralized Layer 1 blockchain.

Maladroids can be played by anyone on https://maladroids.com/index.html.

Styngr, who will be partnering with Ripple through technical integrations to continue its work in the crypto space, is working alongside Dutch independent music label Armada Music to bring two major EDM artists, Tom Staar and Kryder, together in a collaboration for the in-game radio station. Across the first six months from release, Tom Staar and Kryder will release two new tracks every month from their collaboration into the game, in a first move for the video game industry. Following the launch, the game will release additional audio emotes and audio NFTs.

Having partnerships with some of the largest players in the industry, including major labels and publishers, Styngr provides developers the largest library of fully licensed mainstream music to integrate into their games and removes the obstacles typically associated with music licensing, providing opportunities for monetisation to developers of all sizes.

Alex Tarrand, Co-founder of Styngr, commented: “Seamlessly launching an entire album through a game is a groundbreaking opportunity. We are thrilled to be collaborating with record labels like Armada Music to bring brand new tracks from some of EDM’s top artists to blockchain gaming that leverages the best-in-class capabilities of the XRP Ledger. To do all this in a game as fun and competitive as Maladroids is truly something special.”

Kaj Leory, CEO of onXRP, commented: “Working alongside Styngr and Ripple to bring music to the in-game radio for Maladroids has been such a fantastic experience. It’s not everyday that independent games studios are able to launch new music from well-known artists and to do so from the release of level one is an accomplishment for our brand. We’re excited for players to get into Maladroids and compete against friends and strangers as they discover great new music from Tom Staar and Kryder.”

“It’s great to be part of this project,” Michel Peek, Armada Music’s Head of Publishing, said. “Together with these amazing partners, artists and dance producers, we’ve been able to co-create a user experience in this game, Maladroids. The dance music space has always found itself at the forefront of technological development, so working this project feels very natural to our team.”

About Styngr

STYNGR is music for gaming and the metaverse. We provide licensed popular music that allows developers to create engaging experiences within virtual worlds. Unlike navigating complex negotiations with music labels and publishers, STYNGR’S proprietary platform and SDKs simplify the process to deliver pre-cleared music with user analytics, rightsholder payments, and legal indemnification into any game. The platform shifts music from a cost center to a profit generator while providing seamless tech that allows players to personalize their audio experience, purchase music emotes, and enjoy curated radio. Offering access to more than 15 million tracks, STYNGR is a solution for importing, organizing, and monetizing the largest curated music experience within gaming and the metaverse.

Game developers can apply to access STYNGR’S pre-cleared library of music by visiting their website. To learn more about STYNGR, visit www.styngr.com.

About onXRP

onXRP.com is a modular ecosystem for everything that is happening on the XRPL. onXRP was made with the aim to make blockchain more accessible for new entrants and provide the right tools for every trader and collector to make their way through the XRPL and blockchain. The ecosystem is built up in different modules such as a content platform with informative articles, a decentralized exchange, NFT marketplace and a gaming platform.

onXRP is expanding rapidly and has recently launched its first interoperable extension: onAVAX. A comparable ecosystem for the Avalanche blockchain with the ability to bridge digital assets back-and-forth between AVAX and the XRPL. onXRP is making steps to build out its ecosystem even further and welcomes business inquiries from other WEB3 projects to collaborate and build out the future of blockchain.

About Ripple

Ripple is a crypto solutions company that transforms how the world moves, manages and tokenizes value. Ripple’s business solutions are faster, more transparent, and more cost effective – solving inefficiencies that have long defined the status quo. And together with partners and the larger developer community, we identify use cases where crypto technology will inspire new business models and create opportunity for more people. With every solution, we’re realizing a more sustainable global economy and planet – increasing access to inclusive and scalable financial systems while leveraging carbon neutral blockchain technology and a green digital asset, XRP. This is how we deliver on our mission to build crypto solutions for a world without economic borders.

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Swipe Right PR

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Wachsman

[email protected]

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CertiK Uncovers Suspicious $2.4M Payments Into Tornado Cash

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Certik Uncovers Suspicious $2.4M Payments Into Tornado Cash
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  • The money movement is linked to the October 2021 BXH Exchange breach.
  • GitHub reinstated the Tornado Cash code in “read-only” mode.

On Saturday, crypto security company CertiK said that it had uncovered a suspicious $2.4 million payment into the cryptocurrency mixer Tornado Cash. Information suggests the money movement is connected to the October 2021 BXH Exchange breach. It resulted in a loss of $139 million. Although the U.S. Treasury’s Office of Foreign Asset Control (OFAC) has placed sanctions on the crypto mixer. However, the exchange is still being used to move money.

The theft of over 4,000 ETH worth $139 million from the BXH Exchange at the end of October is likely connected to the transfer of funds.

Hackers Defying Sanctions

The address 0x158F5 is held by a third party and used the Binance Smart Chain and Avalanche staking contract’s privileged method to retrieve staked tokens and withdraw cash. The tokens were then transferred to Ethereum using the address.

CertiK reports that the staking contract holding the funds and locations was previously released by a Telegram group formed by persons affected by the BXH Exchange. Tokens with a bridging ERC-20 standard were converted to ETH at the address in question. To date, almost $2.4 million in value has been transferred into Tornado Cash, represented by 1865 ETH tokens.

Even after the Office of Foreign Asset Control at the U.S. Treasury banned suspicious transactions on Tornado Cash in August, the service is still accepting them. The crypto mixer platform has just received a transfer of 500 thousand DAI from EOA 0x0B789. The money transfer was associated with an exploit in DAO Maker.

After receiving confirmation from the Office of Foreign Asset Control of the United States Treasury, GitHub reinstated the Tornado Cash code in “read-only” mode.

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Whale Alert: 270 Million XRP ($130M) Bought by Whales

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Ripple (Xrp) Price Jumps To New Four-Month High
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  • The largest ever buy was on the Bitso crypto market for 54.1 million XRP.
  • XRP prices have increased by around 50% during the last week.

The native XRP token of Ripple has seen the most growth over the previous seven days. While Bitcoin and Ethereum have both had big price declines recently, XRP has seen a sharp increase. The current price increase of XRP may be attributed to a number of factors. Whales hoarding Ripple tokens is one instance.

Tokens worth around $130.2 million in XRP, almost 270M XRP have been transmitted from several cryptocurrency exchanges to many unknown addresses in the past 24 hours, according to data from Whale Alert. The largest ever buy was on the Bitso crypto market for 54.1 million XRP. Approximately $27.5 million worth of XRP coins were purchased by Whale all at once.

High Volatility Expected After Judgement

However, whales have been buying up XRP on the Bitstamp platform to the tune of nearly $84.1 million. To their XRP holdings, whales have just added more than $41.4 million over many trades. Meanwhile, a massive transaction involving 132 million XRP (about $62.1 million) was also spotted by the whale tracker.

Since the SEC and Ripple submitted their summary judgement papers, there has been a dramatic increase in the whale stockpiling of XRP tokens. The current increase was caused by new court documents. It also noted a surge in the number of active addresses holding between 1 and 10 million XRP tokens in late 2022.

On the other hand, XRP prices have increased by around 50% during the last week. Since word of the case’s resolution circulated favorably across the market, this is the result. At this moment, the price of XRP is $0.5015 as per CMC.

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California Governor Vetoes Crypto Regulation Bill

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Following Aftermath Of Recent Slump Bitpanda Announces Workforce Layoff
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