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Starting July 15, China mainland users of the NFT gaming app Stepn will not be able to use the app, the developers have said. When Stepn stops providing GPS and IP location services, the blockade on users from this region will set to be effective. Despite revealing their plans to stop serving users from the...
The total crypto market cap sees inflows of $57 billion, bringing double-digit gains for several mid-caps. The post Waves, STEPN, Helium lead top 100 crypto recovery appeared first on CryptoSlate.
Stepn, a recently hyped move-to-earn game built on Solana, disclosed on Friday that it will suspend its presence in China in mid-July. Stepn will stop providing GPS (global positioning system) services to users having IP addresses in China on July 15, according to the game's official Twitter.
The STEPN price analysis shows that the bullish momentum intensified in the last 24 hours as bulls have shown tremendous performance. Bulls were already striving to craft an upwards trend line since 27 May 2022, but then the bullish momentum gained strength today as the price levels have been uplifted to the $1.23 mark.
The first move-to-earn mobile non-fungible token (NFT) game, StepN, is set to block China mainland users from using its platform by disabling Global Positioning System (GPS) and Internet Protocol (IP) location services serving them. Starting July 15, the game that rewards users.
The GMT prices rebound sharply after recently crashing 80% in one month and one analyst even called STEPN a “hype-driven speculative frenzy” so let's read more today in our latest altcoin news today. The GMT prices pushed down due to the downside pressure which seems to be nearing exhaustion.
The company will begin “checking and clearing out” mainland China users and stop providing them GPS and IP geolocation services on July 15. The post Stepn to block mainland China users in compliance with regulators, SCMP says appeared first on The Block.
China's anti-crypto regulations have reportedly forced the non-fungible token (NFT) game, Stepn, to exclude users from the mainland starting on July 15. Shortly after the announcement, Stepn's in-game cryptocurrency is reported to have briefly dropped by 38%. Stepn Adheres to Local Regulations China mainland users of the NFT gaming app Stepn will not be able […]
The Web3 Move-to-Earn game will block Chinese users from accessing its essential GPS and IP services starting July 15th.
GMT's downside pressure remains as an analyst calls STEPN a "hype-driven speculative frenzy."
The two popular twin tokens, STEPN (GMT) and Green Satoshi (GNT), plunged following the announcement that the app would ban players from mainland China. GMT fell from $1.24 to $0.83 following the ban announcement but has regained strength and is now at $1.05.
STEPN GMT/USD has weakened from $3.61 to $0.80 since May 01, 2022, and the current price stands at $0.95. Technically looking, GMT remains in a bear market, and the risk of further decline still persists. STEPN is a Web3 lifestyle app STEPN is a Web3 lifestyle app that aims to nudge millions toward a healthier […] The post Is STEPN (GMT) a good buy in June 2022? appeared first on Invezz.
The GST crypto and GMT crypto were plunging earlier this morning after move-to-earn app STEPN said it would block China-based users.
GST, a non-fungible token (NFT) tied to fitness app STEPN, dropped around 10% after its operator said it would be banned in China this summer. As Bloomberg reported Friday (May 27), a second cryptocurrency tied to the app, GMT, fell more than 30% before recovering.
The twin tokens underpinning the popular crypto game Stepn plummeted after the project announced it would block gameplay in China.
STEPN, a cryptocurrency trading game that offers nonfungible tokens (NFTs), will ban users in mainland China in order to comply with Chinese regulatory standards. Starting from mid-summer, the move-to-earn game will block geolocation services for users in mainland China.
STEPN (GMT) price predictions are on the minds' of crypto traders today as a recent ban in China causes the digital asset to slip on Friday.
STEPN, a move-to-earn blockchain project had exploded by a staggering 20,000% after launching earlier this year. In fact, the move-to-earn fitness app also saw native token(s) register strong gains in March and April.
Only 3% of the STEPN user population belongs to China. GMT & GST price drops as the effect of the
Bitcoin still stuck in a range and Ether remains down after the top cryptocurrencies both lost pivotal support levels. Why is sentiment still so weak for the broader crypto markets?
In a move to comply with Chinese regulatory policies, Stepn will be blocking users based in mainland China from its mobile app.
Users playing from Chinese IP addresses will have their GPS cut from Jul. 15.
STEPN GMT/USD is a web3 lifestyle application that features built-in Game-Fi and Social-Fi elements that aim to aid people in their daily activity needs. In other words, it is a fitness tracker that has play-to-earn (P2E) mechanics. All users have to do is equip themselves with non-fungible tokens (NFTs) in the form of sneakers, and […] The post STEPN removes GPS in China, can the value of the token recover? appeared first on Invezz.
Despite massive amount of app installs and impressive number of holders, STEPN's fundamentals remain weak, experts believe
