CoinQuest

2023-02-08 22:15:00 ​​Stablecoin based on the Cardano network will be released in 2023

Emurgo, Cardano's underlying blockchain platform, is ready to deploy USDA's native Stablecoin. The new crypto-asset is scheduled for release in early 2023. USDA is expected to be a regulated stablcoin fully backed by fiat.

The USDA product is a component of the Emurgo Anzens program, which will provide customers with a range of asset-based financial services and products in the Cardano ecosystem.

These programs include cryptocurrency-based card payments, lending and borrowing services, and connections between established marketplaces and decentralized applications (dApps).

With this, users will be allowed to tokenize their USDA dollars. This will be possible through both credit and debit cards or even bank transfers and ADA conversions.

Emurgo Fintech managing director Vinit Bhuvanagiri commented on the Cardano team's decision:

Creating a Stablecoin that is fully fiat backed and regulatory compliant is the next step in realizing the future of our community. Open / Comment

2023-02-07 20:00:10 The world is changing more and more, the Internet covers all areas of our life!

Would you like to become content creators who are paid for their work?

Take a couple of simple steps and get paid for your attention!

Do you think it's impossible? Cheelee, GameFi's short video platform, will prove to you that other platforms are stuck in the old paradigm where only content creators get paid for content.

Cheelee works in a completely new way: now you will be paid to view your favorite content.

It has a full-fledged ecosystem where users are not just passive
viewers, but participants, partners and beneficiaries who have the right to earn for their attention.

Cheelee is going to turn the whole market around and do something that no one has done yet!

Sign up for Google Play right now and become one of the first game-changing players in the world! http://Cheelee.io Open / Comment

2023-02-07 18:00:19 ​The Cold Winter in Texas Surprised Crypto Miners

As reported by Bloomberg, the ice storm that hit “the Lone Star State” damaged some of the equipment of the domestic bitcoin miners. Electricity consumption surged significantly due to the low temperatures, and those firms had to temporarily shut their businesses to protect the energy network.

The weather is still surprisingly cold in Texas, and the authorities enforced curtailment of electricity in some areas. Can Zhao – CMO of JDK Capital – explained how this affected his company:

“The duration of curtailments is about six hours a day, starting from Monday. We are seeing a 25% loss in computing power compared to a normal day for the site.”

Lee Bratcher – President of Texas Blockchain Council – said the worst-affected entities were the miners with mobile containers, “many of which were not designed to be weather-proof for the winter storms.”

Texas had to endure another blizzard around Christmas. One of the leading BTC miners in the region – Argo Blockchain – said the weather conditions significantly diminished its production power. It mined only 147 bitcoin in December, compared to 198 BTC in November. Open / Comment

2023-02-06 11:15:00 ​New eBay partnership connects fans with sports legends

Interactive virtual event platform Notable Live has partnered with e-commerce platform eBay to use NFT to engage fans with their favorite athletes, leagues and teams.

The major online marketplace's new partnership with the Notable Live platform marks eBay's next step in the digital collectibles space.

Our partnership is focused on providing quality new solutions that provide real fan interaction with athletes.

These solutions are based on authentic offerings that connect memories with memorable keepsakes and experiences," remarked Notable Live co-founder and CEO Mike Antonucci.

Tech startup Notable Live is the brainchild of Antonucci and NFL Hall of Fame member Emmitt Smith. Launched in 2018, Notable Live was originally a mobile app that allowed fans to interact with athletes. Open / Comment

2023-02-04 13:00:08 ​Takashi Murakami to Release Collection of 13 NFTs Linked to Physical Hublot Watches

Japanese artist Takashi Murakami has teamed up with Swiss luxury watchmaker Hublot to release a new collection of real-world watches linked to non-fungible tokens (NFTs).

The new collection, the fourth artistic venture between Hublot and Murakami, involves 13 unique NFTs that are inspired by Japanese video games and television shows from the 1970s. In addition, the NFTs are also modeled after the Classic Fusion Takashi Murakami All Black watch, which was launched in January 2021.

The NFTs are tied to 13 physical watches that will debut at the Watches & Wonders 2023 trade show in Geneva in April. Each digital replica is offered in a unique rainbow hue and features Murakami’s iconic smiling flower emblem.

Twelve of the thirteen timepieces will be made exclusively available to collectors who previously purchased one of the 324 Murakami and Hublot NFTs released in April 2022.

The final watch in the collection, which was unveiled at an event in New York on Thursday, is titled the Classic Fusion Takashi Murakami Black Ceramic Rainbow and features a spinning flower adorned with rubies, sapphires, amethysts, tsavorites and topaz. Open / Comment

2023-02-03 11:30:01 ​‘Bitcoin NFTs’ Aren’t New, But Blockchain Purists Are Now on the Defensive

For nearly a decade, creators have enlisted sidechain or layer-2 solutions to link digital art to the Bitcoin blockchain. But how this is accomplished—or whether it should even be done—has Crypto Twitter up in arms after new project Ordinals developed a way to add digital items to on-chain Bitcoin transactions.

NFT are blockchain tokens that can serve as a proof of ownership for assets, including digital goods like artwork, videos, music files, and memberships. While blockchains like Ethereum and Solana are synonymous with NFTs and digital collectibles, many Bitcoin developers have sought ways to bring them to the quintessential blockchain.

One issue hampering the development of NFTs on Bitcoin is the need for smart contracts. In the minting process, NFTs use smart contracts to assign ownership of the digital asset in the NFT. The smart contract updates the ownership when the NFT is bought or sold.

Bitcoin has only limited smart contract support.

To address this, earlier projects like Counterparty and Stacks developed alternative solutions that use a native token for the contract piece but ultimately settle their transactions back on the Bitcoin blockchain. Open / Comment

2023-02-02 11:00:10 ​Cool Cats Claws at Mainstream Strategy, Rebrands to Expand Audience Beyond Web3

Popular non-fungible token (NFT) collection Cool Cats is undergoing a rebrand with the effort of expanding the collection’s reach beyond Web3 and into mainstream audiences.

In a town hall meeting with community members Wednesday, the founders of the collection laid out their plans for becoming a global brand and utilizing the intellectual property (IP) of the collection to tap into new types of content. With its Blue Cat character as the center of the collection, users will be able to experience its metaverse Cooltopia in new ways that expand beyond its dedicated collector audience.

“This rebrand ultimately signifies a new strategic direction for Cool Cats, one that is focused on-boarding the next wave of members into the Cool Cats community and scaling our brand presence both within and beyond Web3,” Colin Egan, co-founder of Cool Cats told CoinDesk.

Cool Cats is implementing a series of partnerships to broaden their audience such as deploying a float in the famous Macy’s Thanksgiving Day Parade. It’s also teaming up with crypto wallet provider Ledger to create Web3 content via its education platform Ledger Quest, and has additional activations planned involving holograms and gaming. Open / Comment

2023-02-01 21:04:12 Google Play Pre-Register Airdrop


BIRDIE SHOT : Enjoy & Earn is coming to you soon on Google Play!

Celebrate Pre-registration by joining the Airdrop event to receive tBORA for free!


Event Period
2023-1-27 02:00 ~ Official Google Play launch (UTC +0)

Event Reward
[1000 randomly selected winners]
: Total of 50,000 tBORA
[All Participants]
: In-game Rewards

Get free tBORA
https://bit.ly/3YpssNB

Pre-Register
https://play.google.com/store/apps/details?id=io.metabora.birdieshot Open / Comment

2023-02-01 12:00:15 ​DeFi Liquidity Protocol Squid Raises $3.5M Round Led by North Island Ventures

Squid, an Axelar-based protocol that connects users and developers with cross-chain liquidity, raised a $3.5 million seed round led by North Island Ventures. The new capital will help Squid add more supported chains and expand the team.

Other participants in the funding round included Distributed Global, Fabric Ventures, Galileo, Chapter One and Noble Capital, among others. Axelar participated as a strategic investor.

Introduced in 2021, the Axelar network is a blockchain of connected blockchains that allows for cross-chain communications. Squid provides cross-chain liquidity that connects decentralized exchanges (DEX) with more users in a more user-friendly way that doesn’t involve the security risks of cross-chain bridges.

Cross-chain liquidity in theory can provide more liquidity for borrowing and lending activity and put DEXs on a more even playing field with centralized exchanges, which took a hit after the recent collapse of multibillion-dollar exchange FTX.

“Failure of centralized trading platforms has highlighted the need for secure decentralized alternatives. Squid powers this future by enabling decentralized, secure, and simple to use cross-chain swaps,” said Axelar co-founder Sergey Gorbunov in the press release. Open / Comment

2023-01-31 20:00:07 ​Fluidity Aims to Reward Actual DeFi Users Over Profit Farmers

If you’ve been in DeFi for a while, you already know about yield farming and the Curve Wars.

But what about utility farming?
A new project called Fluidity claims to be ushering in a new era for handing out crypto coins for different projects. This time, it wants to reward active users—not just mercenary farmers.

Previously, whales would simply deposit their massive holdings into a new protocol, harvest its token launch, withdraw that liquidity, and then dump those tokens (otherwise called yield farming).

Fluidity wants to change this model and pay people for actually using a protocol (rather than just farming it). Here’s how it works.

Users first deposit a stablecoin (i.e. USDT, USDC, DAI, etc) into the Fluidity protocol and get a Fluidity-wrapped token (for the sake of this story, we'll call this asset an fToken, like fUSDT or fUSDC, for example). The original stablecoin is then deposited into a yield-earning protocol like Aave or Compound.

The new fToken operates like any other stablecoin. You can use it to buy NFTs, make simple transfers, or join liquidity pools. The added bonus that comes with these fTokens—and what makes them so unique—is that the more you use it, the higher the chances that you will win a payout. Open / Comment