Crypto California Club

03 ноября 2023 10:55

November promises to be a very eventful month for all participants of the Sundae project

Is this tied to the project's creator announcing an imminent token listing on a major exchange or the upcoming Sundae Day in the USA? We will find out soon.

A reminder of what is known about the project:

Sundae is a crypto token that equates to digital art. Currently, Sundae is available at the price of an ice cream, but in a month, the token's value may reach $25, and subsequently $50, $100, or even $1000.

What is remarkable it's the coincidence: one of the Sundae creators posted information about the project on Telegram, and 20 minutes later, Elon Musk posted a photo where he was eating Sundae ice cream in his childhood. It might be a coincidence, but it could also be Musk's intention.

Investing in Sundae today might resemble buying McDonald's stocks on its opening day in 1940 or accidentally purchasing a Picasso drawing for ten dollars.

The Sundae project was established by the team of Odyssey and the popular meme token Grimace.

This pathetic uptrend on the crypto market you call a pump is just a dead cat's bounce.

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Crypto California Club

31 октября 2023 11:16

Visa has a competitor: digital yuan (e-CNY)

For decades, Visa has been the exclusive provider of electronic payments at the world's largest sporting event. However, at the Beijing Games this year, Visa is forced to share the championship with China's new digital currency, e-CNY.

It is known that China is at the forefront of digitization of payments, largely thanks to the popular mobile networks Alipay and WeChat, which are managed by Chinese Internet giants Ant Group Co. and Tencent Holdings Ltd.

At the previous Olympic Games, cash and Visa cards were the only permitted forms of payment, although the former were used less frequently at sports venues after the 2004 Olympic Games in Athens.

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28 октября 2023 10:03

👑 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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26 октября 2023 09:50

👑 Manchester United accused of copying work of NFT artist DesLucrece

An official NFT collection from the Manchester United Football Club has been accused of looking a little too much like the work of a popular NFT artist known for his colorful animated monsters.

A Twitter user chided Manchester United for the similarities between its "The Devils" collection and the work of DesLucrece, the pseudonymous name of an NFT artist known for the Des Monsters collection that currently has a floor price of 17.5 ETH, or $20,825, on OpenSea.

In a side-by-side comparison, nearly identical characters share a color scheme, similar eyes and horns.

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24 октября 2023 18:56

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Crypto California Club

22 октября 2023 12:16

👑 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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20 октября 2023 19:01

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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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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Crypto California Club

19 октября 2023 09:37

🌴 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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16 октября 2023 09:25

🌴 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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14 октября 2023 09:37

👑 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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12 октября 2023 18:13

🌴 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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11 октября 2023 14:31

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Crypto California Club

09 октября 2023 09:15

👑 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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07 октября 2023 17:06

✨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 California Club

06 октября 2023 10:50

🌴 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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31 октября 2023 15:02

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Crypto California Club

29 октября 2023 10:04

🦁 DeFi Exchange Mango Markets Will Soon Start Refunding Users for $114M Exploit

Mango Markets, the decentralized crypto exchange (DEX) that suffered an exploit earlier this month, will soon start refunding users for the $114 million exploit.

The DEX had earlier said that its decentralized autonomous organization (DAO), entities that are owned and governed by their members without any central leadership, would vote on how to refund users.

"The program for depositors to recover funds is in audit and should be ready to go by tomorrow morning.

Much thanks to all the Mango contributors working tirelessly to make this happen," Mango Labs co-founder Daffy Durairaj said in a tweet.

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Crypto California Club

27 октября 2023 09:10

✨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 California Club

25 октября 2023 11:48

🌴 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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23 октября 2023 10:53

🐻 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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21 октября 2023 14:13

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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20 октября 2023 14:01

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.

Crypto California Club

18 октября 2023 12:06

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Crypto California Club

15 октября 2023 11:04

🦁 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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13 октября 2023 14:31

👑 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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12 октября 2023 12:10

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Crypto California Club

10 октября 2023 09:04

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Crypto California Club

08 октября 2023 11:37

👑 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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07 октября 2023 09:42

👑 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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05 октября 2023 11:42

🐻 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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