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🌴 Sony Files Patent to Use NFT Tech for Keeping Track of in-Game Digital Assets; Introduces Moments Market
Electronics giant Sony has filed a patent that describes the usage of NFT (non-fungible token) and blockchain technology to track the history of in-game digital assets. The filing describes the usage of this tech in order to record the story of modifications and ownership of the digital assets from a given game.
Sony has filed a patent to use NFT and decentralized ledger technology in order to record the movements and changes undergone by in-game digital assets. The filing, titled “Tracking Unique In-Game Digital Assets Using Tokens on a Distributed Ledger,” introduced in July 2021, describes a system that mints a token to follow the history of each one of these assets in a given environment.
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🐻 XRP Crypto Scam Prevented as YouTube Assists in Recovering Hacked Channel
YouTube has intervened to prevent an XRP cryptocurrency scam from being promoted on the hacked popular YouTube channel DidYouKnowGaming.
Last week, the team behind DidYouKnowGaming warned on Twitter that they have lost access to their YouTube channel, which has 2.4 million subscribers, after their Google account was hacked.
YouTube was quick to act, asking the YouTuber for certain information in a bid to help them regain access to their account.
"We'll need to get some quick info from you & then we'll connect you w/ a specialist team who helps restore account access," the official Twitter account of YouTube said in response to DidYouKnowGaming.
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FTX has created a gaming division for the introduction of cryptocurrencies and NFT
The FTX cryptocurrency exchange is launching its own gaming division, the purpose of which will be to encourage game publishers to use cryptocurrencies, blockchain networks and non-interchangeable tokens.
FTX Gaming, operating through the FTX branch in the USA, debuted with the "crypto-as-a-service" platform, through which gaming companies will be able to launch tokens and offer NFT support. This month, the division began hiring a completely remote team consisting of software engineers with coding experience on the Unity game engine.
The entry into the gaming industry followed FTX's November announcement that, together with two partners, it would invest $100 million in integrating the Solana blockchain into video games. First of all, we are talking about games with "play to earn" mechanics.
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An announcement about the Sundae project has appeared in the public space. Bloggers, stars and opinion leaders are discussing this project.
One of the creators of Sundae published information about the project in Telegram, and 20 minutes later Ilon Musk posted a photo of himself eating Sundae ice cream as a child. It may be a coincidence, but it could also be Musk's idea.
What's known about the project. Something partly crazy, partly grandiose is coming.
Sundae: it's a crypto-token that equates to digital art. According to the project's philosophy, without community appreciation, a Picasso painting is worthless. The value of a work of art depends on community appreciation.
Right now Sundae is available for the price of an ice cream, but in a month the token may be worth $5, and then $50, $100, $1000. With each new purchase, the "Picasso painting token" will become more and more difficult to buy. The current capitalization of the project is only $20 million.
According to the project's White Paper, Sundae holders are expected to receive multi-million dollar dividends, as well as the right to medical and legal insurance, pensions and free use of the corporation's assets.
Investing in Sundae today might be like buying McDonald's stock on the day it opened in 1940 or accidentally buying a Picasso drawing for ten dollars.
The Sundae project was created by the team behind the popular meme token Grimace, which grew in value hundreds of times in six months, making many investors millionaires.
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🦁 Jinan, China: All Our Buses Accept Digital Yuan – And CBDC Customers Get Discounts
Jinan, China, says all of its bus routes now accept digital yuan pay, and will incentivize adoption by granting discounts to central bank digital currency (CBDC)-paying passengers.
Per the news outlet Shunwang-Jinan Daily (via e23), the city said that all of its bus routes’ software and card readers had been updated to allow all buses to accept payments in the Chinese CBDC.
Jinan is the capital of Shandong, a province in Eastern China, and has a population of over 9.2 million. The city had initially piloted digital yuan payments on two of its busiest bus lines, B52 and BRT5.
But after the success of these pilots, the city has decided to deploy digital yuan pay options across its entire bus network. And in a bid to boost adoption, Jinan has announced that passengers can receive discounts if they pay on buses using the CBDC.
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👑 Islamic Coin Has Officially Launched And Now Is Available For Trading And Deposit On KuCoin!
Official listing of ISLM on KuCoin was held on October 10. Islamic Coin also announced that KuCoin is only a kickstarter and soon there will be listings on other top-tier op-tier exchanges soon. The coin is now available for non-Dubai residents only.
Islamic Coin has a potential audience of over 2 billion holders (1.8 billion Muslims + crypto-enthusiasts). ISLM developers believe that if at least 3% of this audience holds their token, the capitalization will be comparable to BTC. And they already have the biggest Twitter account among crypto Muslim community with 1.3M followers.
Even before the listing Islamic Coin has already secured $400M from private investments and ABO Digital. Get ready to witness the birth of a coin that could very well disrupt the $2 trillion Islamic financial market. Explore KuCoin to trade ISLM now.
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👑 Starbucks Airdropping More NFTs in October to Expand Web3 Rewards Program
Starbucks is preparing an NFT airdrop for members of its Odyssey rewards program as part of the company’s foray into Web3.
Users will have to meet specific criteria to be eligible to receive a so-called “limited-edition stamp” from the coffeehouse giant, Starbucks told Odyssey members in an email obtained by Blockworks.
First, the airdrop is only available for US residents. Second, each participant must be a Starbucks rewards member, and enrolled in Starbucks Odyssey, the company’s waitlisted Web3 rewards platform. The program launched in beta back in September 2022, and remains available only to a select number of individuals.
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👑 OpenAI commits $1M to support AI-driven cybersecurity initiatives
As criminals devise innovative ways to exploit AI for malicious intentions, OpenAI remains committed to equipping “defenders” with the necessary tools.
The adverse effects of artificial intelligence (AI) technology in the hands of criminals, enabling the creation of deep fakes and malware, have heightened the urgency for action.
OpenAI, the creator of ChatGPT and Dall-e, has announced a $1 million cybersecurity grant program to enhance and measure the impact of AI-driven cybersecurity technologies.
The AI company has consistently emphasized the importance of AI regulation to thwart potentially malicious applications. In an ongoing digital arms race, OpenAI appears to be taking proactive measures to ensure positive forces do not lag behind.
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🐻 Bitcoin Startup River Raises $35 Million in Series B Funding Round
Due to the recent failures and flaws of the traditional banking system, Bitcoin’s potential to foster a more secure global economy may have come to light in a new way.
River, a Bitcoin technology and financial services startup, has completed a $35 million Series B funding round. This follows after its $12 million Series A round in 2021.
The new round was led by Kingsway Capital and also saw participation from contributors such as Alarko Ventures, Valor Equity Partners, Goldcrest, Cygni, and M13 among others.
Billionaire investor Peter Thiel also backed the investment round as River continues to aim at creating a robust financial system with Bitcoin.
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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.
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👑 GameFi investors are now prioritizing fun factor over money.
While roughly half of the investors joined the GameFi space initially for profits, 89% of GameFi investors succumbed to Crypto Winter 2022.
GameFi, the fusion of gaming and decentralized finance (DeFi), attracts a set of investors that tend to choose projects based on their use case rather than money-generating potential.
The GameFi ecosystem attracts GenZ investors and gaming enthusiasts. As a result, it stands as an entry point for numerous first-time investors.
A ChainPlay survey participated by 2428 GameFi investors revealed that 75% of the respondents joined the crypto space solely because of GameFi.
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📈 Vodka token appeared on PancakeSwap just yesterday, and has already made х10 (even up to х28!)
ℹ️ Vodka token is a collectible NFT game based on DeFi. In the game, participants mix cocktails and make money on them!
The recipe is simple: a serving of Vodka token, a serving of BNB or ETH, or USDT (one of your choice) and the NFT cocktail is ready!
❗️ There is a chance to randomly receive NFT above expectations: instead of a $ 100 cocktail, an Extra cocktail may drop out, which can be sold for $ 500.
You can also stake your NFT cocktail up to 144% APY or take part in the fair lottery and win up to 300%.
🍾 By the way, 1500 NFT cocktails are currently being drawn on the Discord Vodka token server
Terms: discord.gg/t7JeCe5Sm5
🌐 Website: vodkatoken.com
🚀 Uniswap Trading Contest Alert! Win $PETE Tokens! 🚀
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👑 Startup with WhatsApp and Amazon capabilities raises $28 million
Developers at startup OP3N have raised $28 million to create an app that will be the Web version of "WhatsApp and Amazon, or WeChat and Alibaba" for the Web3 industry. The artificial intelligence-based platform successfully completed a Series A funding round and was valued at $100 million, according to TechCrunch.
"I wanted to bring content creators, chat rooms and e-commerce together in one place," said OP3N CEO Jason Ma. He assures OP3N's chat-based product, Superapp, aims to bridge the gap between Web2 and Web3 by incorporating blockchain and decentralized technology into interfaces. The app allows audio, video and mixed-media content to be added to interactions on the Web.
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Our friends at Bets.io are holding yet another amazing giveaway, and this time it’s bigger, badder and radder! Yeah, you heard it right — this time it’s five iPhones 15 Pro 256 GB and twenty five $200 cash prizes! 🎉
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And you are golden — all you have to do now is wait until October 31st ⌚️
As for additional conditions: no double entry, only legit accounts and if we can’t send you the iPhone, we’ll provide its cash equivalent. 🎁 All the cash prizes will be credited to your account.
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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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🌴 Yearn Finance New Staked Token yETH Might Not Be Launched Yet
According to a survey on the Yearn Finance governance forum, participants are divided on introducing the yETH toen. The poll is non-binding and is intended to gauge community support in going forward with a binding vote through snapshot.
According to Yearn, there are an increasing number of LSDs, each with a unique yield, risk, and decentralization profile, as well as varying degrees of market liquidity. Inefficiencies in market pricing might lead to trading opportunities against the protocol’s underlying supported ETH value.
Staked ETH in a typical liquidity pool is not appropriate for collateral since the pool is only as secure as its least safe Member. However, new LSDs may struggle to establish traction and draw sufficient use and liquidity to compete with existing protocols with huge market shares.
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👑 The Fed cites worries about stablecoin in its latest Financial Stability Report.
The report points out stablecoin’s possible low stress resistance and overuse in leveraged cyptocurrency trading, reiterates its position on CBDC.
The United States Federal Reserve Board released its semiannual Financial Stability Report on Monday.
The report points to the volatility on commodities markets brought on by the Russian invasion of Ukraine, the spread of the omicron variant of COVID-19 and “higher and more persistent than expected” inflation as sources of instability.
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🌴 US university gets $20M to create new AI institute
According to a report from a local news publication, Carnegie Mellon University in Pittsburgh, Pennsylvania received the funding for its new AI Institute for Societal Decision Making.
The institute will foster the improvement of AI tools to assist in decision-making procedures in social circumstances, such as natural disasters and public health events. Aarti Singh, a professor at the university’s machine learning department, will serve as the institute’s director.
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👑 Liquid Staking Platform Lido Surpasses 6M Ether Deposits as Shanghai Upgrade Spurs Inflows
Decentralized finance (DeFi) protocol Lido Finance has surpassed six million ether (ETH) deposited on its liquid staking platform amid steady inflows following the Ethereum blockchain’s Shanghai upgrade.
Lido has enjoyed a net inflow of 105,644 ETH through last week, worth some $199 million, pushing deposits to 6,008,480 ETH, according to blockchain data by a Dune Analytics dashboard.
Liquid staking has become a popular way for investors to earn yields on their digital assets, making it one of the largest DeFi sectors with $16 billion of value combined, per data by DefiLlama.
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✨DISCIPLINA is a project from the golden age of crypto, made by a relatively anonymous team✨
🤓It stores verified personal profiles based on academic and professional achievements. It is backed by Cardano founders, who invested in the project.
👉DISCIPLINA's blockchain is quite compact, just like Mina's. It also has a testnet and a Mac wallet.
🔅NFT's implementation is planned to validate the authenticity of platform's content and courses.
➕Pros:➕
✅ Great technology with its own blockchain, not another Ethereum-based token
✅ Strong team
✅ Backed and supported by Cardano founder
✅ Traction in China
✅ Launchpad IDO, sweet profit and BSC is expected - just the way we like it
🚀It’s gonna be a GEM!🚀
🌴 Crypto Exchange By bit Granted In-principle Approval to Operate in Kazakhstan
Cryptocurrency exchange Bybit has received an in-principle approval to work in Kazakhstan, a jurisdiction increasingly seen by crypto companies as a gateway to the former-Soviet space. The trading platform wants to expand its presence in the region and other emerging markets.
“The in-principle approval subjects Bybit to pre-conditions leading to permanent authorization upon Bybit’s completion of the full application process,” a press release explained.
Bybit noted that Kazakhstan is a gateway to the Commonwealth of Independent States (CIS), a regional organization uniting several former-Soviet states. The exchange believes this is a fast-growing market which is rapidly embracing cryptocurrencies and related activities such as mining and blockchain development.
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🍵tea announces the launch of its incentivized testnet (ITN) in early 2024🍵
@teaprotocol is a decentralized technology protocol that rewards open-source developers for their software contributions. tea uses blockchain technology to support a digital token known as TEA. The tea protocol was co-founded by Max Howell, the creator of Homebrew—the software package manager used by tens of millions of developers worldwide.
🚀 Want to get involved? Complete challenges or tasks to earn rewards. Participation can be as easy as writing a social media post or as in-depth as registering a software package. Packages uploaded early could receive more rewards—so upload today!
Learn more: https://tea.xyz?utm_source=cryptocaliforniaclub&utm_medium=telegram&utm_campaign=oct_launch_kol
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🐻 De-Dollarization: China, Brazil Can Be Instrumental in Building Less Centralized World With No Hegemony, Says Lula’s Adviser
Brazil’s President Luiz Inacio Lula da Silva’s chief adviser on foreign policy, Celso Amorim, says China and Brazil “are coming closer together” and they could play important roles in building a less centralized world with no hegemony. Commenting on de-dollarization, he stressed: “I think it’s very important that we are free from the dominance of one single currency because sometimes it is used politically.”
China and Brazil have agreed to conduct trade in their respective currencies, rather than using the U.S. dollar. Additionally, both countries are part of the BRICS group that is reportedly working to create a new form of currency that will further shift them away from USD reliance.
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Polygon to help fight NFT scams with Web3 infra protocol partnership.
Polygon partners with Wakweli, a Web3 infrastructure protocol that issues certificates of authenticity for NFTs to certify originality.
Wakweli, a Web3 infrastructure protocol that issues certificates of authenticity for nonfungible tokens (NFT), has officially partnered with layer-2 scaling platform Polygon to make NFT authentication possible.
The partnership between Polygon and Wakweli means all digital assets on Polygon will be compatible with Wakweli’s certification system. According to the announcement, every NFT project holder on the Polygon chain can request authenticity certificates for each asset.
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