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Unicef Announces New Cryptocurrency Education Program
It became known that the developers of the Upland metaverse entered into a long-term partnership with Unicef in Brazil. The United Nations child protection organization will launch a Web3 and cryptography academy for young people.
As part of the collaboration, both teams will work to create a unique educational program for Hispanics aged 18 to 29, according to an official statement.
The new curriculum will allow students to learn the basics of blockchain technology, cryptocurrencies and Web3. Upland's co-founder and CEO, Idan Zuckerman, said he was excited about the program's mission and its potential to develop new technologies in Latin America.
The specialist noted that the partnership with Unicef will provide an opportunity for the youth of Brazil to learn how to create new opportunities for themselves and the community through a rich Web3 experience.
In anticipation of the launch of the program, developers from Upland will hold a charity sale of non-fungible Upland NFT tokens for 3 million users of their product. Users will be offered exclusive digital goods inspired by the experience of the UN.
Proceeds from sales will be used as direct donations to Unicef. In addition, Upland will be actively involved in many United Nations-sponsored philanthropic campaigns around the world.
NFT items will also be on display at the Unicef Showroom, a custom-built immersive digital world of Metaverse Upland.
Representatives of both organizations said that the development of Web3 and cryptography will expand the horizons of life for Hispanics. Probably, thanks to this program, millions of citizens will be able to get new opportunities.
Binance will help the Central Bank of Azerbaijan in the development of crypto regulation
Binance, the world's largest crypto exchange, is ready to support the Central Bank of Azerbaijan (CBA) in developing crypto regulation mechanisms, said Olga Goncharova, director of the company for relations with governments in the Commonwealth of Independent States (CIS).
In practice, as throughout the world, in a number of CIS countries, central banks choose the way to regulate cryptocurrency, and not to ban it, Goncharova said.
According to a Binance spokesperson, “The introduction of regulation will increase confidence in the industry, and increase foreign direct investment in the country. At the same time, she added that Binance sees great potential in this region, as traders from the CIS show interest in the products of the platform:
Despite the fact that crypto assets have weakened this year for various reasons, we see that the technology itself has survived, and interest in it will only grow.
This technology solves the problems facing citizens, including providing financial services at minimal cost, and much faster.
Olga Goncharova noted that in addition to Azerbaijan, the exchange is negotiating in other former Soviet republics, including Kazakhstan and Kyrgyzstan, and intends to expand its geography in the future.
In early October, Binance began to cooperate with the government of Kazakhstan on the safe development of the country's crypto market and received a license as a service provider for the exchange and storage of cryptocurrencies.
Cryptokit withdrew 649,000 Ethereum from the Bitfinex trading platform
Data from the Ethereum blockchain explorer Etherscan shows that 640,000 ETH were transferred from the Bitfinex 2 cryptocurrency exchange, owned and operated by iFinex Inc.
The Ethereum whale transferred more than $25 million worth of cryptocurrencies, however, 2.1 million ETH is still stored on 40 Bitfinex public wallets.
Usually, whales take their currencies off the exchange if they plan to hold them for a long period. Such a strategy is also used by whales as a precautionary measure to avoid the possibility of theft by hackers.
Also, when a large amount of ETH moves off the exchange, it is highly likely that the price of the coin will rise significantly as it reduces potential selling pressure.
In November, an Ethereum whale transferred over $250 million worth of ETH to Bitfinex, and in September, before the network merger, another large owner made a deposit of 145,000 ETH.
Bahamas Arrests FTX Founder Sam Bankman-Freed
Law enforcement in the Bahamas has arrested FTX founder Sam Backnman-Freed at the request of the US government. This was announced by Attorney for the Southern District of New York Damian Williams.
“Authorities in the Bahamas have arrested Samuel Bankman-Freed at the request of the US government on the basis of a sealed indictment filed in the Southern District of New York.
We expect a motion to remove the secrecy from the indictment will be filed in the morning, after which we will be able to provide more details, ”the message says.
According to Bahamas Attorney Ryan Pinder, the arrest took place on December 12. The US has filed criminal charges against the founder of FTX. It is expected that American law enforcement agencies will require Bankman-Fried to be extradited to the States.
“In the event of a formal request for extradition, The Bahamas intends to process the request expeditiously in accordance with local law and treaty obligations with the United States,” the press release said.
Bahamas Prime Minister Philip Davis added that, despite the initiative of US law enforcement, the country's authorities will continue to investigate the collapse of FTX.
The charges against Backnman-Fried include wire fraud, conspiracy to commit securities fraud and money laundering, according to The New York Times sources.
The SEC also said it would file separate charges against the founder of FTX for violating securities laws. They should be publicly announced on December 14th.
On December 13, the founder of FTX was scheduled to speak at a US Senate Banking Committee hearing. Committee chair Maxine Waters said she was frustrated that she "couldn't hear Bankman-Fried."
“It is high time to begin the process of bringing Bankman-Fried to justice. However, the American public deserves to hear directly from the founder of FTX answers to questions regarding actions that have harmed more than a million people, ”Waters said.
Crypto exchange Coinbase asks USDT holders to switch to USDC
One of the world's leading crypto exchanges, Coinbase, is waiving conversion fees for its users who want to switch to a "reliable stablecoin". Such a campaign was launched by the marketplace to attract new users to store reserves in the dollar-pegged stablecoin USDC owned by Circle.
“The events of the last few weeks have put some of the stablecoins to the test and we have seen a search for a safer place. We believe USD Coin (USDC) is a trusted and respected stablecoin,” Coinbase wrote in a blog post on Friday morning.
Coinbase has announced that it is waiving fees for retail clients worldwide for converting USDT to USDC starting today.
Blockchain data shows that USDT is the third most widely traded digital asset on Coinbase, representing 5% of the volume on the exchange, where it currently trades at 99 cents.
A few days after the FTX crash, Tether (USDT) lost its peg and was trading at just 93 cents. Most trading pairs on exchanges have returned to $1, although data from CoinGecko shows that some pairs on Binance continue to trade at 99 cents.
At the end of September, a US judge in New York ordered Tether to release financial statements regarding USDT support. This is separate from the New York Supreme Court lawsuit, which is asking the New York Attorney General to release documents he gathered while investigating Tether reserves.
Binance recently ended support for USDC by automatically converting customer funds to its native stablecoin BUSD.
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Popular music player Winamp adds NFT support
Winamp now supports music collection tokens on the Ethereum and Polygon networks. To listen to NFT, users must connect the MetaMask wallet to the player using a browser (Brave, Chrome and Firefox are supported). Music in the form of NFT is played as a normal mp3 file.
“Accessibility and innovation are at the core of the Winamp player, which is why we are proud to present the first standalone player that reads NFT audio like any other existing format. Winamp played a key role in the development of digital music when the mp3 format changed the way music was listened to.
We are now supporting innovation as more musicians explore the Web3 space and its potential,” said Winamp CEO Alexandre Saboundjian.
Player developers plan to further develop support for Web3 and NFT. They are going to launch a special service where users can get direct access to the work of their favorite musicians. It is expected that this service will be launched at the beginning of next year and will be cross-platform.
LedgerX on sale, interest from Blockchain, Gemini and others
Crypto derivatives exchange and clearinghouse LedgerX are up for sale, and Blockchain.com and Gemini are among those interested in acquiring the firm, Bloomberg reported late Friday.
LedgerX is regulated by the US Commodity Futures Trading Commission (CFTC) and has been a subsidiary of FTX US since October 2021. LedgerX is one of the few solvent entities remaining in the FTX group of companies, Bloomberg notes.
The report states that at least 10 companies have expressed interest in buying LedgerX. These include Blockchain.com, Gemini, Bitpanda, and Kalshi, a CFTC-regulated platform specializing in event-based trades.
About six more people may also be interested in buying the company, writes Bloomberg, citing a source familiar with the situation.
LedgerX plans to set aside $175 million to use in FTX's bankruptcy filing, Bloomberg reported Nov. 29.
This will come from a $250 million fund that LedgerX planned to use for a CFTC bid seeking regulatory approval for “pure crypto derivatives trading” without intermediaries,” reports Bloomberg.
According to the agency's announcement, LedgerX was seeking CFTC approval for product offerings that were not fully backed.
The derivatives exchange withdrew that filing on Nov. 11—the same day that FTX and more than 100 subsidiaries filed for Chapter 11 bankruptcy protection.
In a Nov. 17 message, Dexter told clients that LedgerX is "solvent and well capitalized" and clarified that LedgerX LLC has not filed for bankruptcy.
LedgerX also stopped using the "FTX US Derivatives" name, which it started using after FTX US rebranded the company after its acquisition.
South Korean authorities have increased the budget to combat cryptocrime
Last year, law enforcement agencies in the Republic of Korea spent about $2.4 million on software to monitor crypto transactions and train employees to oversee digital assets. In 2020, these expenses amounted to $653,000.
The increase in spending on tracking cryptocurrencies is due to the fact that police across the country are forming specialized units for crypto surveillance. These controls use tools to track transactions and user IP addresses.
According to the National Police Agency (NPA), 1,174 of the 3,033 drug offenders arrested by police between March and May used cryptocurrency to buy or sell drugs. This is 32% more than in the same months of 2021.
The NPA is known to have acquired cryptocurrency tracking systems for its National Investigation Headquarters, Narcotics and Organized Crime Squad, and Economic Crime Squad.
The Supreme Prosecutor's Office, the Seoul Central District Prosecutor's Office, and the Seoul Eastern District Prosecutor's Office bought cryptocurrency tracking solutions.
Additional expenses were required to investigate the operation of the Terra project ecosystem and find out the role that Terraform Labs could play in the incident. In addition, the police spend a lot of money to prevent North Korean hacker attacks on local crypto companies.
The South Korean Financial Services Commission (FSC) has warned that it is going to monitor investors' transactions with crypto assets worth more than 100 million won ($70,000).
Crypto exchange Gemini received permission from regulators in Italy and Greece
Cryptocurrency exchange Gemini has announced that it has received new operating permits from regulators in Greece and Italy. The company has registered as a virtual currency operator with the Italian payment services regulator Organismo Agenti E Mediatori (OAM).
It also managed to get registered as a custodial wallet provider and a virtual currency exchange service provider with the Hellenic Capital Markets Commission (HCMC).
OAM issued a permit to the crypto exchange on November 3, and HCMC on November 7, but the exchange only announced this on Wednesday. November 30th.
Registration will allow Gemini to provide users from Italy and Greece with a practical full range of cryptocurrency services. Gemini currently operates in 65 countries including Cyprus, Denmark, Hungary, Latvia, Ireland and other jurisdictions.
“As we expand our operations in Europe, we are beginning to work with national and international regulators to ensure that all necessary regulations and requirements are met in new markets,” the announcement reads.
Gemini believes that the long-term success and integrity of cryptocurrency markets and companies depends on strict compliance with regulatory requirements.
$27 million worth of unclaimed user funds stuck in Polygon Bridge
Cryptocurrency holders use the Polygon Bridge to send assets between the Ethereum and Polygon blockchains. Technologically, tokens that leave the Ethereum network are blocked. At the same time, the same number of tokens is created in Polygon. When transferring back to Ethereum, Polygon tokens are burned, and Ethereum tokens are activated again.
Transfers through Polygon Bridge are performed almost instantly and the user needs to make only one transaction. However, withdrawal confirmation can take some time, as users must transfer their funds to Ethereum in the initial transaction, wait an hour or so, and then claim their tokens in the second transaction in order to properly withdraw.
According to a ZenGo crypto wallet blog post, there have been over 35,000 pending reverse transfers to the Ethereum blockchain. These transfers are split between ETH and stablecoins USDT, USDC, DAI for $27 million. The ZenGo team suggests that the two-step withdrawal process may be the cause of the stuck transactions.
“While it is difficult to imagine how someone could simply forget about millions of US dollars, we assume that this may be due to the fact that additional transactions are required and that the funds cannot be claimed immediately. Therefore, there is a potential for errors like this to occur,” explained ZenGo co-founder and CTO Tal Be'ery.
In early November, analysts at Bernstaein published a report praising the Polygon ecosystem for taking the right steps in blockchain development. Analysts say Polygon could become one of the leading ecosystems in the future, playing a particularly important role in the transition of traditional financial companies to Web3.
Independent Researcher Confirms Grayscale Holds 633,000 BTC
As of Nov. 23, the Bitcoin Trust (GBTC) from digital asset manager Grayscale Investments held ~633,000 BTC in custodian Coinbase Custody wallets. Ergo analyst from The OXT Research came to such conclusions.
“This begs the question: what prevents Grayscale from revealing its digital assets?” the specialist asked.
User under the pseudonym skyquake-1 noted that according to the statement of the bitcoin trust to the SEC of January 2017, the custodian “may not disclose such [public] keys to a sponsor, trust or any other person or entity.”
Ergo relied on Grayscale's reorientation from Xapo to Coinbase Custody as custodian. This allowed him to assign 317,705 BTC belonging to GBTC to 432 addresses.
To find the company’s remaining bitcoins, Ergo had to “scan the blockchain” and identify additional addresses that matched the profile of those previously discovered.
He acknowledged that his analysis “definitely includes false positives and negatives,” however, the discovered addresses contain almost the same remaining number of coins that should belong to GBTC.
The9 to acquire Chia mining hardware for $ 5.7 million
Nasdaq-listed company The9 Ltd has signed agreements to purchase Chia (XCH) cryptocurrency mining devices and lease cloud services with three different suppliers for a total of more than $ 5.7 million. This was reported by representatives of the company.
Upon completion of the deal, The9 will receive approximately 130 pebibytes of disk space.
Chia cryptocurrency is based on Proof-of-Space and Proof-of-Time consensus algorithms. At the time of writing, it has cumulative total disk space requirements in excess of 5.2 exabytes.
Recall that in March, The9 increased its bitcoin mining capacity after purchasing equipment from MicroBT and Bitmain.
In the same month, the mining company entered into an agreement to purchase and deploy $ 2 million Filecoin mining equipment and increased its storage capacity to 80 pebibytes.
Infura and Truffle add support for Polygon solution
Two platforms under development by ConsenSys - Infura and Truffle - have added support for a second-tier solution for the Ethereum Polygon. Now developers will be able to run dApps on Polygon.
The development of decentralized applications (dApps) within the framework of the Ethereum Polygon scaling project, formerly known as the Matic Network, will now be easier, as support for the solution has been added by two platforms developed by ConsenSys. Support for a second-tier solution by the Infura and Truffle platforms will allow developers to program and run decentralized applications on the Polygon network.
Infura allows developers to connect to Ethereum via APIs without having to run a full node and supports most dApps on the web. Polygon plans to offer these tools to the decentralized finance (DeFi)-focused protocols that support the project. Truffle offers services to help developers build and deploy their dApps, for example in templated code projects.
Polygon recently announced the launch of a $ 100 million #DeFiforAll fund to make DeFi more accessible to more users in the face of rising gas prices in Ethereum. Transaction fees on the Ethereum network have reached all-time highs and are viewed as an issue requiring a quick fix. Polygon says an average transaction cost of $ 0.000371 will reduce costs for swap users.
In April, DeFi platform Aave announced that it would use Polygon to address congestion and high fees on the Ethereum network. In February, the Matic Network development team announced that the project would be renamed Polygon. The rebranding also included the creation of a multi-chain based on Ethereum, which will increase the scalability of the blockchain. Last summer, sidechain developers Matic announced that their testnet can handle up to 7,200 transactions per second.
A sharp drop in the number of BTC miner transactions has been recorded
The press service of the analytical service CryptoQuant said that their analyst Wu Ying Q studied the dynamics of the number of transactions made by bitcoin (BTC) miners. The specialist noted that he discovered an interesting trend, with the help of which he tried to predict the future for the fate of digital gold.
The researcher emphasized that looking at the graph of the number and amounts of transactions from affiliated miners on all centralized cryptocurrency exchanges, it is clear that their pressure has seriously eased. This trend has been observed since the end of 2021, immediately after the rate of the first cryptocurrency reached its all-time high of $69,000.
Over the past 12 months, this indicator has been steadily falling and a year later it reached its local bottom. The expert noted that the index of the number and amount of transactions was very high, in direct proportion to the price of the virtual asset.
However, the analyst emphasized that miners can still sell their bitcoins, they just do it carefully. According to the expert, many still believe that the price of the flagship digital currency will grow and are in no hurry to part with their assets.
However, Wu Ying Q noted that it is very important to see and understand when the number of miner transactions drops to the level of the last bearish cycles. According to the expert, right now bitcoin is forming its price bottom.
As of 9:05 am Moscow time on December 23, 2022, the Bitcoin exchange rate has not changed compared to the same values yesterday.
The digital asset traded at $16,830 and had a market capitalization of $323.84 billion. Bidders secured trades totaling $16.83 billion in the last 24 hours. Bitcoin dominance index was 39.9%
BlockFi filed a petition to open the withdrawal of user funds from wallet accounts
Crypto lending platform BlockFi filed a petition with the Bankruptcy Court of the District of New Jersey to open the withdrawal of user funds from wallet accounts. The company also asked for permission to align and adjust client interfaces to bring digital asset accounting in order. The firm attributed this to attempts to make transactions after it ceased operations in November.
The company's lawyers argued the petition with the user agreements of the platform's custodial service. According to them, the assets in the wallet are the full property of the clients. The hearing on the application was scheduled for January 9, 2023.
On November 28, BlockFi and eight subsidiaries filed for Chapter 11 bankruptcy. FTX Group took this step on November 11th. According to BlockFi's filing, it has over 100,000 creditors. The assets and liabilities of the company are estimated in the range from 1 to 10 billion dollars.
Gorillaz to hold virtual concert in London and New York at the same time
The "almost live" Gorillaz performance will be available to view via the free Gorillaz Presents app, available for download on Android and iOS devices.
The virtual concert will use Google's location-based augmented reality tool. The tool uses Google Maps data and GPS coordinates to overlay permanent augmented reality into the physical world.
According to VR Scout, for the Gorillaz concert, Google will use the ARCore geospatial API, which will allow developers to link digital content to real-life locations in Google Street View.
The concert will take place this weekend simultaneously in Times Square in New York and Piccadilly Circus in London.
The Binance exchange resumed the output of the USD Coin (USDC) stablecoins
Binance resumed the processing of requests for the withdrawal of Stablecoin USD Coin (USDC) after suspension of the service for several hours on December 13.
According to Binance CEO of Chanpen Zhao, the world's largest platform in the daily volume of trading temporarily suspended conclusions due to lack of USDC reserves on the platform.
According to Nansen, the vast majority of Binance assets are in stabilcoins - more than $ 11.5 billion are on BUSD issued by PaxOS. To increase their reserves in the USDC, the platform team made attempts to exchange their assets in BUSD on USDC.
However, any exchange of tokens on the USDC demanded the direction of funds through the New York Bank, which has not yet opened at that time, Zhao said. This prevented transaction processing, so the exchange temporarily suspended the withdrawal of funds to USDC.
On December 13, users withdrawn huge amounts from Binance, including USDC and other stablecoins. During the day, pure outflow of various crypto acts on Binance amounted to more than $ 2 billion.
Nevertheless, the Binance team claims that it stores assets worth more than $ 60 billion, so users can be sure of the stability of the financial situation of the trading platform.
Axie Infinity Axs token added 22% per week
AXS - its own cryptocurrency of the popular game Axie Infinity - has gained almost a quarter of the cost in a week. This is the most profitable among large tokens in recent days. There are several reasons for the positive movement, including the movements of another token - BNX.
AXS - Native Token Blockchain -Girl Axie Infinity - added 22% over the past 7 days. In the moment, the rise reached 52%, and this made the coin the most profitable among large crypto assets. As a result, the cost approached the optimistic indicators of spring-2021.
There are several reasons for growth - both obvious and less obvious. The main introduction of the Axie Core was the main thing. The update added gaming accessories in NFT format and expanded the opportunities for customization of characters.
Another reason could be the take -off and fall of the BNX - the Binaryx GameFi token. After the BNX fall by 50%, part of the investor funds could migrate in AXS - token more stable and continuing development of the project.
Mazars Auditor Confirms Binance Reserves Report
According to the auditors, Binance's reserves as of November 22 amounted to 582,485 bitcoins, and the clients' assets were 575,742 BTC. The new Mazars audit report, which Binance requested from the auditor to prove the accuracy of its data, confirmed this information:
“Including assets provided to exchange clients through margin and loans, we can state that Binance was 101% backed by reserves at the time.”
The auditor added that the exchange provided all financial documents, reports and access to wallets necessary for verification. As part of the audit, Mazars forced Binance to make wallet transactions to prove that the addresses belong to the exchange.
The Mazars team noted that the report does not speak about the reliability of the Binance exchange for investment. According to the auditor, in order to approve this, it is necessary to carry out additional procedures that may reveal other inconsistencies.
Last week, Binance hired an audit firm, Mazars, to review its reserves.
Central Bank of Nigeria restricts cash withdrawals to switch to CBDC eNaira
Nigeria has drastically reduced the amount of cash that individuals and businesses can withdraw as it promotes a “cashless Nigeria” program and increased use of eNaira, the country’s central bank digital currency (CBDC).
In accordance with the directive for financial enterprises in the December 6 circular, cash withdrawals from ATMs for individuals and legal entities will now be limited to $45 (₦20,000) per day and $225 (₦100,000) per week.
In addition, individuals and businesses will be limited to withdrawing $225 (₦100,000) and $1,125 (₦500,000) from banks per week, while individuals will be charged a fee of 5%, for businesses it will be 10 % for amounts that exceed these limits.
The maximum amount of cash withdrawals through trading terminals is limited to $45 (₦20,000) per day.
Customers should be encouraged to use alternative channels (internet banking, mobile banking apps, USSD, cards/POS, eNaira, etc.) to conduct banking transactions,” said Haruna Mustafa, Director of Banking Supervision.
The limits will be cumulative for each withdrawal, so a person withdrawing $45 from an ATM and cash from the bank on the same day will be charged a 5% service fee.
Coca-Cola releases World Cup NFT
Coca-Cola releases FIFA NFT kit based on heat maps
Coca-Cola, one of the world's largest beverage companies, plans to commemorate the World Cup on the blockchain with non-fungible tokens (NFTs).
NFTs will be developed and hosted on the Crypto com NFT platform. 10,000 tokens were generated by tracking the movements of players in the matches of the World Cup.
They will be available to fans who have registered on the Crypto com NFT platform. The company said the NFTs are part of its commitment to delivering magical moments to football fans during the World Cup.
Tokens will be generated using heat maps based on the performance of the players in the games. For this, Coca-Cola and Crypto com teamed up with digital artist GMUNK. He previously created the sci-fi look for Tron: Legacy and Oblivion.
“The World Cup in Qatar is designed to bring magical moments on and off the field to millions of fans from the region and beyond,” said Coca-Cola General Manager Nazli Berberoglu.
The launch date of the NFT Coca-Cola World Cup was not disclosed in the announcement. However, the beverage maker has stated that it will be available to football fans worldwide who are registered on the Crypto com NFT platform and on the Coca-Cola Fanzone page.
The International Football Federation (FIFA) is itself not far from the initiative to issue a World Cup NFT. In anticipation of the opening of the World Cup, the federation launched an NFT trading platform called FIFA+. There, fans from all over the world can collect the best moments of the championships.
In addition, FIFA has introduced four new blockchain games after breaking the contract with the Electronic Arts studio. Following the rift with Electronic Arts, FIFA hinted that it would continue to release games separately from EA.
And now the organization has finally unveiled some plans: it is preparing to release four new games based on the upcoming World Cup.
Genesis owes $900 million to Gemini customers
Cryptocurrency broker Genesis owes $900 million to clients of Gemini, a cryptocurrency exchange run by Tyler and Cameron Winklevoss.
According to a Financial Times report, the parent company Digital Currency Group (DCG), along with Genesis, owed the amount to the exchange's customers.
Gemini is trying to recover the funds, according to people familiar with the matter mentioned in the report, who added that the exchange is also forming a committee of creditors to try to recover the assets.
Genesis is one of the partners of Gemini's Earn program, where users can borrow their cryptocurrency for a refund.
After Genesis temporarily put withdrawals on hold earlier this month, citing market conditions, the cryptocurrency exchange suspended redemptions under the program.
He has since worked with DCG and Genesis to facilitate a buyout from the program, according to a report released last week.
The Financial Times report also notes that Genesis continues its efforts to raise funds, for which it has hired boutique investment banking Moelis & Co.
Greetings! The INFAM PLATFORM project, launched their own collection of NFT avatars on their birthday, this is the second collection. The first was NFT DAO to 51 pcs, at an average price of $ 2000, recently 25 nft was taken by one investor at once, and this is around $ 50k!!!
Now the collection is 10,000 nft, since the project has a birthday, prices are reduced by 50%!!!! The NFT data will be needed in the project ecosystem, as well as the project tokens will be farmed on them, yes, through the nft it will be possible to mine the project tokens and make much more profit, not the jelly price of the nft at the moment!
Since the tokens of the project are limited, only 500k tokens will be allocated for this farming, the NFT will be summed up. The more, the better!
I think to spend $ 100-200 and make more than 5-10k in 2023, a good exchange!
NFT can be bought here - https://infam.io/avatars , polygon network, in Matic tokens!
Instructions - https://telegra.ph/Guide-How-to-Buy-an-INFAM-NFT-Avatar-11-30
В разгаре чемпионат мира по футболу!⚽️
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Депозит и выйгрыш возможен в крипте 💸🤑
Выплаты в течении 10 минут в USDT.
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Paul Brody: “Crypto winter will not have a big impact on the long-term growth of the industry”
Paul Brodie stated that the current crypto winter is more gentle and does not have such a devastating effect on the cryptocurrency industry. He believes that there is a gradual departure from the purely speculative and financial orientation of the industry to the influence of its technological component.
Brody added that user behavior is more focused on the benefits that the cryptocurrency ecosystem can provide them, and not just on immediate financial gain.
For example, the development and release of new applications, the development of decentralized autonomous organizations (DAOs), or the possibility of investing in non-fungible tokens (NFTs).
Brody also noted that regulators have become more effective in suppressing obvious Ponzi schemes and with greater rigidity in prosecuting its participants.
“Crypto asset management should be simple enough and use a carefully tested approach for people to follow. I would like to see more regulatory activity and rules that good players can follow,” Brody said.
At the beginning of the year, one of the world's largest audit companies, Ernst & Young, recommended that commercial banks start preparing for the massive entry of stablecoins and government cryptocurrencies (CBDC) into the market.
Temenos will provide access to crypto assets
Integration with a crypto-firm Taurus will provide various digital assets of 3000 banking and institutional clients of Temenos.
Temenos, banking software supplier, united with Taurus crypto-firm to provide customers with access to digital assets.
Two Swiss firms will strive to "overcome the gap between traditional investments and digital assets," Alexander Dure, director of products, said on Monday.
Taurus recently received a license on securities from the Swiss authority for the supervision of financial markets (FINMA) to manage an independently adjustable digital assets market.
Taurus offers tokenization, glass, decentralized financing (DEFI) and digital currencies on its platform to which more than 3,000 Temenos institutional clients will now have access.
Integration is aimed at the way that banks are easier to offer their customers trading digital assets using Taurus products offering hot, warm and cold storage, as well as the ability to connect based on API to more than 10 blockchain protocols.
Changes in the Swiss rules entered in February are now attached to the tokenized securities traded at the blockchain, the same legal status as digital assets.
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EOS Creator Will Open Its Own Crypto Exchange With A Capital Of $ 10 Billion
Block one, behind the development of the EOSIO blockchain protocol, today announced the creation of a new independent division, Bullish Global.
By the end of the year, the firm intends to launch its own cryptocurrency exchange Bullish on the blockchain. Users are promised "improved performance, privacy and legal compliance provided by central order book technology with the vertically integrated benefits of a decentralized finance (DeFi) marketplace architecture."
Bullish is expected to support new tools in the areas of automated market making, lending and portfolio management. The exchange will be based on the EOSIO protocol and the EOS public blockchain.
According to Block one, Bullish Global has received over $ 10 billion in funding in digital and traditional currencies. Of this amount, the firm itself invested $ 100 million, 164,000 BTC and 20 million EOS, and $ 300 million was provided by external investors. These include Thiel Capital and the Founders Fund of PayPal co-founder Peter Thiel, British billionaire Alan Howard, Galaxy Digital, investment bank Nomura and others.
“Successfully bridging the gap between digital assets and institutional investors will shape the future of the financial sector as we see the increasing adoption of digital currencies,” Howard said.
EOS has noticeably lost ground since the beginning of the year and is now the 19th largest asset on the crypto market. Its price has risen by more than a quarter since its announcement today.
