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🐃 Louis Vuitton’s Soulbound Luxury NFTs, Apple’s Expensive Vision
This week, Louis Vuitton announced a new collection of physical-backed NFTs linked to exclusive products and experiences. The pricey tokens are soulbound and cannot be sold once purchased.
Meanwhile, Apple announced its new Vision Pro headset with a hefty price tag and not a single use of the word metaverse. Plus, NFT lending platforms are on the rise, but who really stands to benefit from this practice?
C’est bon, Louis Vuitton: French luxury fashion house Louis Vuitton will soon release a new collection of physical-backed NFTs called Via Treasure Trunks, which will be linked to exclusive experiences and products down the line.
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Ukrainian Steals Bitcoin From Russian Darknet Market, Donates to Charity
A Ukrainian living in the U.S. has reportedly hacked a major drug market on the Russian dark web, diverting some of its crypto proceeds. The man says he donated the digital cash stolen from the illicit website to an organization delivering humanitarian aid across his war-torn homeland.
Ukrainian-born cyber intelligence expert Alex Holden, who left Kyiv as a teenager in the 1980s and now lives in Mequon, Wisconsin, claims he has hacked into Solaris, one of Russia’s largest online drug markets, Forbes informs in a report.
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🚀 Africarare IDO Launch Announcement 🌍✨
🗓 Launch Date & Platforms:
IDO on Spores Launchpad and Kommunitas is scheduled for February 24th.
🤝 Exclusive Partnerships Highlight:
MTN: Partnering with Africa's telecom giant, MTN is a testament to our reach and ambition. With millions of subscribers across the continent, MTN's involvement signifies a leap towards connecting Africa's digital and mobile landscape with the global digital economy.
Nedbank: One of South Africa's premier financial institutions, Nedbank, brings its vast financial expertise and innovative banking solutions to the Africarare ecosystem.
CyberKongz: A leading NFT project known for its $210 million total volume traded, CyberKongz collaboration introduces a creative and blockchain gaming dimension to Africarare.
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🌴 NFTs Have Real-world Use Cases. Not All Are Worthwhile.
Nemus, an NFT mint tied to Amazon rainforest conservation, is in hot water after a Brazilian prosecutor announced an investigation into the company’s ownership of Amazon land.
Nemus’ CEO Flavio De Meira Penna has multiple entrepreneurial ventures focused on rainforest preservation in Brazil.
Nemus claims to own 100,000 acres of Amazon rainforest and hopes to purchase more with funds from its NFT sales. The company did not respond to requests for verification that it owns the land.
Users can purchase NFTs representing plots of land on a map with the understanding that Nemus will protect the land and its indigenous residents.
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The market for educational technologies (EdTech) in the field of mental health is estimated at $0.6 trillion. The TimeSoul project focuses specifically on this segment. A successful example in this area is Wikium, an educational platform valued at a billion dollars in the web 2 market. The investor remains the same, and the project is thriving and expanding.
Now let's look at the numbers:
At the beginning of the project, the cost of maincrates was 0.299 ETH (approximately $450-500 at that time), and now the simplest maincrates are priced at $1300 and above. More advanced and rare maincrates can cost up to $6000. Those who joined the project in the early stages have already seen their maincrates' value increase by 2-5 times, with expectations of further growth due to the ecosystem's products and rewards for holders.
How to earn profits?
Users can now earn maincrate points through staking on the website and participation in beta testing (where a store is introduced — to participate in beta testing, one needs to purchase Soulbox + Potion for a total of $130-150 before February 15, allowing for points farming).
These points can soon be exchanged for USDT or project tokens, the issuance of which is also planned.
Bonus! NFT maincrates and Timeboxes in staking regularly offer lottery tickets, where participants can win NFTs valued from $200 to $3000. A continuous chance to participate in the lottery, as they say.
All of this is powered by smart contracts, ensuring transparency and preventing manipulations or fraud — a rarity in today's world.
So, don't miss the opportunity to purchase NFT SoulBoxes now and join this unique ecosystem.
Currently available on the BNB chain — follow this link: https://dapp.timesoul.com/shop?room=rc
👑 Trezor Enables Coinjoin for Trezor T Model to Bolster a ‘New Era of Privacy’
According to Trezor, the crypto hardware wallet manufacturer, owners of the Trezor T model can now use a Coinjoin feature to preserve their privacy.
Owners of the Trezor T model can now use a new Coinjoin service that was added to the device’s features on Wednesday.
The use of Coinjoin with the Trezor T model is optional, and a Coinjoin account must be activated in the Trezor software suite.
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This is a strong NFT project in which I see earning potential - TimeSoul
Why I consider this project:
A lot of money is invested in the project, the founder (is public, speaks at crypto events).
It is basically a WEB3 platform for practices and trainings via NFT authorization.
Figures speaks for themselfs:
The first collection (NFT meerkats - NFT for access to educational products), was 3-4 months ago, at a price of 0, 299 ETH (about 450-500 $ at that time) now the most simple are from 1300 $, the project has a six-month perspective on growth.
Now is the launch of the next collection, but to get access to the ecosystem you need to buy NFT SoulBoxes, briefly, from them with the help of NFT potion (which is also minted in the set) you can make Timeboxes (opening access to the application), and they already in turn give the following benefits:
✅ NFT TimeBox owners will receive:
- Early access to the TimeSoul app
- A test of the "meditate and earn" model (phone on your stomach and you breathe according to certain rhythms) ;
- Each NFT TimeBox gives you the opportunity to exercise in the
app for 10 minutes a day, for which the project awards bonus points.
bonus points. You can do more, but without points.
And of course mint of various rarities and with the possibility of selling on Opensea.
Mint will be there here https://dapp.timesoul.com/shop?room=rc
*purchase and gas network in ETH tokens (ERC20 network)
When you buy you get NFT SoulBox immediately, but the potion itself will be credited already on the 15th of February.
Mint kits are limited. Only 2000 in the first stage
🦁 Operators of Central African Republic-Based Crypto Investment Firm Disappear With $1.6 Million
The operators of a Central African Republic (CAR)-based cryptocurrency investment company, Clé du Succès, are accused of defrauding investors of approximately $1.6 million or one billion CFA francs, a report has said. The company, which only began its operations in September, is said to have abruptly closed shop on Oct. 8 leaving both investors and employees uncertain about the fate of their investments and jobs.
According to a report, Clé du Succès, which is a duly registered company and has been issued with a tax identification number, lured prospective investors with the promise of a 20% return on investment. The report added that some victims of the apparent scam had invested their life savings.
Consequently, the police have launched an investigation into the operations of Clé du Succès which is being overseen by the Research and Investigation Section (SRI).
Meanwhile, the report revealed that high-profile personalities are among the hundreds of CAR residents who fell victim to Clé du Succès’ scam. Such high-profile personalities include unnamed lawmakers, senior government employees, and traders.
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Digital Euro Key for European Payment Autonomy, ECB President Lagarde Says
The digital euro has an important role in preserving the payment autonomy of Europe, the head of the eurozone’s monetary authority emphasized. The new currency, which is still under development, is meant to be sovereign and safe, cheap and widely available, Christine Lagarde assured during a discussion devoted to central bank digital currencies.
A digital euro has a key role to play in safeguarding Europe’s payment autonomy, President of European Central Bank (ECB) Christine Lagarde was quoted as saying during a virtual panel devoted to central bank digital currencies (CBDCs), which was hosted by the Bank for International Settlements (BIS).
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Join Waterfall Protocol for the Testnet launch and prepare to earn rewards on the Mainnet!
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CertiK says SMS is the 'most vulnerable' form of 2FA in use.
The level of security provided by SMS pales in comparison to authenticators or physical security keys, CertiK's Jesse Leclere says in an interview.
Using SMS as a form of two-factor authentication has always been popular among crypto enthusiasts.
After all, many users are already trading their cryptos or managing social pages on their phones, so why not simply use SMS to verify when accessing sensitive financial content?
Unfortunately, con artists have lately caught on to exploiting the wealth buried under this layer of security via SIM-swapping, or the process of rerouting a person's SIM card to a phone that is in possession of a hacker.
In many jurisdictions worldwide, telecom employees won't ask for government ID, facial identification, or social security numbers to handle a simple porting request.
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🌴 The pepperoni on the first pizza bought with Bitcoin is worth $6.5M today
It’s been 13 years since programmer Laszlo Hanyecz made the first commercial transaction with Bitcoin on May 22, 2010, buying two supreme pizzas from Papa John’s for a whopping 10,000 BTC, or $266 million at current prices.
That day is known and celebrated as Bitcoin Pizza Day.
“Bitcoin Pizza Day” marks the world’s first transaction for real-world goods using Bitcoin and celebrates the massive rise in the value of the cryptocurrency since then, which was worth only $0.0041 in May 2010 and is now worth over $26,500 at current prices.
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🌴 Red Bull Doodle Art and Burnt Toast collaborate to help student artists mint NFTs
Red Bull Doodle Art is a global competition that challenges students to create original doodles that showcase their creativity and artistic abilities.
Crossmint is a leading NFT infrastructure provider.
Burnt Toast is the Co-Founder of the Doodles.
Crossmint, Red Bull Doodle Art, and Burnt Toast have joined forces to help student artists with an opportunity to create and mint their own NFTs.
This year, an NFT component has been added to the Red Bull Doodle Art global competition, giving winners the opportunity to have their artwork minted on-site at the world final and auctioned.
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🦁 Nike Is Bringing Its .SWOOSH NFTs to EA Sports Games
Nike Virtual Studios, the sportswear giant's digital arm, and video game developer EA Sports are partnering together to bring digital creations from Nike's .SWOOSH platform to the EA Sports gaming ecosystem.
Details about the partnership are limited, though Nike said in a press release that the collaboration will allow .SWOOSH members and EA Sports fans "to express their personal style through play." This includes "immersive experiences" and "new levels of customization within the EA Sports ecosystem."
EA Sports is a division of Electronic Arts that publishes games like FIFA, Madden NFL and more.
Nike's .SWOOSH platform released its first non-fungible token (NFT) sneaker collection last week, surpassing $1 million in sales. The sale of these "virtual creations" began on May 15, though the experience was hindered by technical issues and continuous delays.
According to Polygonscan, 97,627 of the Our Force 1 boxes have been sold from the total inventory of 106,453 at the time of writing.
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👑 US lawmakers hold EU and UK as examples of crypto regulation in joint hearing
With the European Union coming closer to passing the Markets in Crypto Assets framework and Kraken in the process of investing in the United Kingdom, lawmakers are taking notice.
Some members of the United States House of Representatives’ Financial Services and Agriculture Committees pointed to crypto asset frameworks being employed outside the country when discussing regulatory gaps at home.
In a November 10 joint hearing on the future of digital asset regulation, some lawmakers pointed to the European Union’s Markets in Crypto Assets framework and digital asset regulation in the United Kingdom in contrast with the patchwork of requirements in the United States.
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🌴 Stablecoin Issuer Circle Keeping an Eye on Hong Kong's Crypto Policies Amid Asian Market Focus
US-based stablecoin issuer Circle is closely monitoring Hong Kong’s crypto policies as the government pushes for a friendly regulatory framework.
Hong Kong is looking to establish itself as a major hub for stablecoins and digital assets markets, Circle CEO Jeremy Allaire said in a recent interview with Bloomberg on the sidelines of the World Economic Forum in Tianjin, China.
He added that Asia is a huge area of focus for Circle, particularly since it received a license as a major payments institution in Singapore, which allows it to offer digital payment token services as well as domestic and cross-border money transfer services within the city-state.
The comments come as Hong Kong implemented its new regulatory framework for crypto earlier this month.
The new rulebook allows retail investors the ability to trade virtual assets, instead of restricting digital assets trading to professional investors and traders with at least $1 million in bankable assets.
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🦁 Argentina to Settle Chinese Imports in Yuan to Safeguard Dwindling Dollar Reserves
The economy minister of Argentina, Sergio Massa, announced that starting this month, payments for imports coming from China will be settled using the Chinese yuan. The agreement, which will allow the country to safeguard its dwindling dollar reserves, involves the disbursement of more than $1 billion in April.
China is currently Argentina’s international partner, and this move will ostensibly allow the country to lessen the weight of imports on the weakened state of Argentine reserves.
The Chinese concession given to Argentina by Chinese President Xi Jinping allows the central bank to focus its attention on the devaluation and inflation spiral Argentina is currently experiencing by injecting resources to stabilize its fiat exchange rate, which reached record lows last week against the U.S. dollar.
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🏖 TimeSoul is introducing a collection of NFTs called "TimeBoxes" that provide access to the app for bonus points.
🎁 These NFTs will have real value and utility. Owners of TimeBox NFTs receive benefits such as early access to the TimeSoul closed beta testing of the TimeSoul app, daily in-app activity with bonus points, testing the "meditate and earn" model, access to a closed community and expert practices, entry into sweepstakes, and the opportunity to purchase even more valuable NFTs in the future.
🎉 The project has a proven track record of delivering on promises and has received the support of the first Genesis collection owners. The entry threshold for the current collection is significantly lower than previous collections.
💎 TimeSoul is gaining momentum and only 2,000 TimeBoxes will be available through private sales.
🛍 The community has the opportunity to purchase NFT TimeBox creation kits with three different sets to choose from:
1) Random SoulBox + Potion
2) Two random SoulBoxes + Potion
3) One random and one golden SoulBox + Potion
🌍First project post | Website | Twitter | Discord
Take care of your health and earn.
❤️🩹
Timesoul is creating an ecosystem around the principle of "take care of your health and earn."
🧘♀️This includes meditation, affirmations, mindfulness, well-being, and more…
⛓Timesoul is a project aimed at increasing mindfulness and improving internal state through the use of tools from the EdTech market, as well as blockchain technologies. Companies like these from WEB2.0 have become billion-dollar 💰
The product itself is still in development. But you can already participate in activities, win NFTs, and earn!
Stay in touch.
Lately, I’ll tell you all the details that the founder of that project told me! You'll be impressed!
Welcome 🌍 Website | Twitter | Discord
🐻 US Spy Agency Plans to Launch Generative AI Tool to Amplify Intelligence Gathering
Reports indicate that the U.S. Central Intelligence Agency is poised to unveil a generative artificial intelligence (AI) tool, akin to Openai’s Chatgpt, to significantly enhance investigative efforts. Randy Nixon, the head of the CIA’s Open-Source Enterprise division, explained that this innovation will empower users to effortlessly trace back to the original sources of the information they are amassing.
This tool, will remain off-limits to U.S. bureaucrats and the general populace, with Nixon emphasizing its stringent adherence to privacy laws.
“We’ve gone from newspapers and radio, to newspapers and television, to newspapers and cable television, to basic internet, to big data, and it just keeps going,” Nixon told Bloomberg on Thursday. “We have to find the needles in the needle field.”
Nixon added:
The scale of how much we collect and what we collect on has grown astronomically over the last 80-plus years, so much so that this could be daunting and at times unusable for our consumers.
In the span of the past eight months, generative AI has soared to prominence, with dominant players raising billions of dollars to propel this technology forward. It has seamlessly integrated into various sectors of society, including the realms of finance and the burgeoning cryptocurrency ecosystem. Yet, the ascent of this technology has bureaucrats and regulators on edge, prompting plans to institute regulations.
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Introducing Plume, a modular RWA L2 designed for onboarding RWA projects and net new capital on-chain by integrating key asset tokenization and capital/compliance providers directly into our chain. Plume’s mission is to create a cost-efficient & secure ecosystem that streamlines the building process for all RWA projects and enables RWA composability to foster a new thriving sector of potential DeFi applications.
Our team comes from Coinbase, Robinhood, Layerzero, Binance, JP Morgan, Scale Venture Partners, dYdX, and several other category-defining companies that give us a distinct advantage to revolutionize this market and have already received interest from 50+ RWA projects who want to build with us.
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