BTC | NEWS, ICO, IDO, NFT

2021-12-15 14:04:14 NFT Third Place объявляют пресейл коллективного владения NFT оригинальной картины Ренуарa

Картина поделена на 1 125 кусочков по цене 0,5 ETH за токен, продажи начнутся 22 декабря.

Сразу после окончания распродажи откроется вторичный рынок и появится возможность выставить свой кусочек на продажу, либо застейкать свой кусочек и получить Governance токен проекта, который позволит принимать участие в решениях.

Картина после покупки приедет в старинный особняк в центре Санкт-Петербурга ставший креативным городским пространством - Третье место - и будет выставляться в специальном black box, оборудованный датчиками контроля окружающей среды, подсветкой, камерой наблюдения и автоматическими шторками, которые будут открывать картину по расписанию или по желанию владельца NFT.

В планах Третьего Места купить еще как минимум 10 картин в 2022 году.

Уже в эту пятницу планируется АМА-сессия на которой можно будет задать все интересующие вопросы, подписывайтесь на канал телеграмм чтобы не пропустить @nft_third_place Open / Comment

2021-12-15 10:02:46 ​German Savings Banks Consider Offering Crypto Services to Customers

An association of savings banks in Germany is looking to offer crypto services to customers in a pilot test that would include the development of a crypto wallet. The association, which has more than 50 million customers, would be acting amidst a wave of cryptocurrency interest ostensibly sparked by inflation concerns and negative interest rates. However, the plan is still being studied and no official decision has been reached.

German Savings Banks Might Get Into Crypto

The largest association of banks in Germany is considering offering cryptocurrency-related services for their more than 50 million customers, according to a report from the German magazine Capital. This could be a way for banks to capitalize on current amplified interest in crypto in Germany, where negative interest rates and inflation fears have made citizens look for alternative investment avenues.

This group of banks is known to be among the most conservative in the country, with their customers still holding cash and not risking their capital on other investments.

A representative for the German Savings Banks Association stated:

The interest in crypto assets is huge.

The proposed pilot is still being considered, and the committee must vote on its approval. If approved, there may be a working cryptocurrency wallet offered next year.

Advantages Over Other Platforms

Banks can present certain advantages over formal exchanges because they typically already fulfill due diligence requirements, having a structure designed around such compliance. This could ease the trading experience for users, who would be able to purchase cryptocurrencies directly with their checking accounts, and without going through KYC (Know Your Customer) procedures, given that the banks already have this information.

Given the structure of the Germany Savings Banks Association, the choice of offering these crypto services is individual for each bank, meaning each of the 370 banks will decide on this matter on their own. But Stern.de states that many banks have already expressed interest in this program.

If approved, the program could change the way senior investors see cryptocurrencies such as bitcoin and ethereum, which are yet considered new and risky assets by much of mainstream and legacy finance. Spanish banks have also expressed interest in offering cryptocurrencies to their customers in recent times. Open / Comment

2021-12-09 18:32:45 ​Binance Australia becomes world’s first crypto exchange to embark on ESG reportage

The Australian branch of cryptocurrency exchange Binance has become the first entity in the digital currency space with plans to begin Environmental, Social, and Governance (ESG) metrics reportage.

Through the exchange’s Twitter account, Binance indicated that the reportage is part of changing the narrative associated with the cryptocurrency sector dominated by negative commentary and misinformation based on carbon emissions.

According to Binance, the ESG reportage compliments the exchange’s vision to enhance the freedom of money globally.

1/6 We are excited to announce that @Binance_AUS has taken a huge step forward and become the world's first Digital Currency Exchange to commence reporting on Environmental, Social, and Governance (ESG) metrics, under a universal framework developed by the World Economic Forum.

— Binance Australia (@Binance_AUS) December 9, 2021
The exchange notes that the ESG initiative aims to focus on facilitating transparency of the sustainability footprint of organizations in the crypto sector.

“One of the most significant headwinds the digital asset industry has faced is negative commentary and misinformation based on carbon emissions from the sector. The sector is led by people and organizations determined to have a positive impact on society, and the negative headlines have triggered a lack of education and awareness of ESG conscious crypto businesses,” said Leigh Travers, Chief Executive Officer of Binance Australia.

Companies not focusing on ESG might miss out

As previously reported by Finbold, Jamie Strauss, CEO of ESG disclosure and data company for the mining sector, Digbee warned that businesses that are not focusing on ESGs risk being shunned by investors.

According to the executive, companies disclosing their ESG will have the upper hand in attracting new capital streams. Furthermore, he noted that companies, especially from the mining sector shunning ESG, are already recording a drop in their stocks.

Overall, there has been increased awareness regarding sustainability amongst consumers in recent years, in return giving the ESG framework prominence. In this line, research by Moody’s revealed that the inflow of institutional and retail investors to ESG products increased by 140% in 2020 compared to 2019. Open / Comment

2021-12-06 07:44:20 ​El Salvador's President Tells Peter Schiff Benefit of Switching Gold Reserves to Bitcoin

The president of El Salvador, Nayib Bukele, has revealed that his country holds 44,106 oz. of gold in its reserves that has lost some value over the past year. He told gold bug Peter Schiff that if El Salvador had sold its gold and bought bitcoin last year, it would now be worth $125 million more.

Bitcoin vs. Gold: El Salvador Could’ve Made Millions More Switching Reserves From Gold to Bitcoin

El Salvador’s president Nayib Bukele has revealed some details of his country’s gold reserves in a conversation on Twitter with gold bug Peter Schiff.

Schiff commented on El Salvador buying the dip Saturday morning after Bukele announced that his country bought 100 more BTC as the price of bitcoin fell from above $52K Friday night to below $44K. “There’s a lot more dips coming. How much taxpayer money do you intend to waste?” Schiff asked Bukele.

The Salvadoran president replied, “None.” He emphasized, “We’re already in the green from our last purchase, in less than 24 hours.” Bukele continued:

You know boomer, we have 44,106 oz of gold in our reserves. Worth $79 million, down 0.37% from a year ago. If we had sold it a year ago and bought bitcoin, it would now be valued at $204 million.


El Salvador's President Tells Peter Schiff Benefit of Switching Gold Reserves to Bitcoin
El Salvador's President Tells Peter Schiff Benefit of Switching Gold Reserves to Bitcoin

The president of El Salvador, Nayib Bukele, has revealed that his country holds 44,106 oz. of gold in its reserves that has lost some value over the past year. He told gold bug Peter Schiff that if El Salvador had sold its gold and bought bitcoin last year, it would now be worth $125 million more.

Bitcoin vs. Gold: El Salvador Could’ve Made Millions More Switching Reserves From Gold to Bitcoin
El Salvador’s president Nayib Bukele has revealed some details of his country’s gold reserves in a conversation on Twitter with gold bug Peter Schiff.

Schiff commented on El Salvador buying the dip Saturday morning after Bukele announced that his country bought 100 more BTC as the price of bitcoin fell from above $52K Friday night to below $44K. “There’s a lot more dips coming. How much taxpayer money do you intend to waste?” Schiff asked Bukele.

The Salvadoran president replied, “None.” He emphasized, “We’re already in the green from our last purchase, in less than 24 hours.” Bukele continued:

You know boomer, we have 44,106 oz of gold in our reserves. Worth $79 million, down 0.37% from a year ago. If we had sold it a year ago and bought bitcoin, it would now be valued at $204 million.


In September, Microstrategy CEO Michael Saylor made a similar comment. He revealed: “If I had chosen gold instead of bitcoin last year, it would have been a multi-billion dollar mistake.” His company bought 7,002 more BTC at the end of November, growing its bitcoin holdings to 121,044 coins.

El Salvador made bitcoin legal tender alongside the U.S. dollar in September. Last week, the International Monetary Fund (IMF) warned of using BTC as legal tender. The governor of the Bank of England, Andrew Bailey, also voiced concerns about El Salvador making bitcoin a national currency. Open / Comment

2021-11-30 10:07:01 ​Shiba Inu (SHIB) Price Pumps 30% in the Wake of Kraken Listing, Can it Retest ATH?

Kraken, one of the leading global crypto exchanges finally added Shiba Inu (SHIB) support on its platform earlier today. The SHIB listing comes after nearly a month of teasing from the platform and trading will go live on November 30. The listing announcement had an immediate effect on the altcoin’s price as SHIB jumped 30% to register a new two-week high above $0.000050.

New Listing on Kraken: @Shibtoken $SHIB deposits begin NOW! Trading is live November 30.

Learn more: https://t.co/yUUKaBXKBq pic.twitter.com/L2IUHugyG0

— Kraken Exchange (@krakenfx) November 29, 2021

SHIB will be paired against USD and EUR to start with and a minimum of 50,000 SHIB would be required to make a trade on Kraken. The crypto exchange also confirmed that Kraken and Kraken Terminal will be available for the meme currency while Futures and Margin Trading will be restricted at launch.

November has proven to be quite bearish for Shiba Inu as it lost more than 50% of its valuation from its all-time high of $0.0000885 in October. Despite the continuous price decline, the SHIB community has been focused on building the ecosystem. Shiba Inu team recently announced its Metaverse aspiration with the launch of its gaming venture. The team on-boarded William Volk, former VP of tech at Activision to help it develop its Play-To-Earn NFT games.

ITS TIME #SHIBARMY Meet Shiba Inu Games' consultant William Volk (FORMER VP OF TECH AT ACTIVISION), (.@william_volk ) , .@Newegg #CyberMonday , my take on the FBI "Metaverse" (FaceBook Inc) , & the future of gaming in THIS medium! LFGGGGGGG! https://t.co/F0t5x5PhQ2

— Shytoshi Kusama (@ShytoshiKusama) November 26, 2021

Can Shiba Inu (SHIB) Price Bounce Back?

Shiba Inu had a record October where its price surged nearly 1,000% helping it make it to top-10 in the crypto ranking and also take over Dogecoin (DOGE). However, November proved to be quite a contrast in terms of price behavior for SHIB despite a growing ecosystem. Shiba Inu reached 1 million active wallet addresses last week and Whales continued to hodl more SHIB.

SHIB’s price was trading at $0.00004811 at the time of writing and currently looking to conquer the $0.00005 mark. The altcoin has also broken out of the downward channel on the long-term one-day chart, which indicates the bulls are finally back after 4 weeks of bearish dominance. Shiba Inu needs to breach the key resistance of $0.000066 before it could retest its last month’s ATH. Open / Comment

2021-11-27 09:02:18 ​Democratic senators oppose President Biden's OCC Omarova nomination

Saule Omarova’s nomination for Comptroller of the Currency faces policy objections from Democrats and senate banking committee members.

A group of five Democratic senators has reportedly rejected President Joe Biden’s nominee, Saule Omarova, to head the Office of the Comptroller of the Currency (OCC).

Omarova’s nomination as a bank regulator was initially opposed by three members of the Senate Banking Committee — Senators Jon Tester, Mark Warner, and Kyrsten Sinema — on a phone call with panel chairman Sen. Sherrod Brown, as reported by Axios. The opposition was further supported by Senators John Hickenlooper and Mark Kelly.

Omarova is known for anti-crypto sentiments who has previously worked as Special Advisor for Regulatory Policy to the Under Secretary, Domestic Finance. As a result of the opposition from five Democrats and all Republicans, the White House nominee requires every other Democratic candidate to vote for her appointment.

Senators questioned Omarova regarding her nomination on Nov. 18, including Senator John Ossoff of Georgia, who had specific questions for Omarova about cryptocurrency. Her comments recognized some of the utility that cryptocurrency brings to financial markets, but she focused on the potential for cryptocurrency to undermine the US dollar, aspects of which the Comptroller of the Currency is charged with regulating.

What happens next is one of two things. Either the Biden administration persuades the democratic senators who object to Omarova’s nomination to change their minds, or the administration picks a new nominee for senate confirmation.

In October, Senator Pat Toomey pressured Omarova about her missing Marxism thesis, and in early November, the acting Comptroller of the Currency, Michael J. Hsu, singled out Tether and Binance as risky players in the blockchain space.

Senator Hickenlooper’s Denver office did not immediately respond to Cointelegraph’s request for comment.

Related: Senate Banking Committee chair seeks information from stablecoin issuers and exchanges, suggesting possible hearing

Turning up the regulatory heat, Sherrod Brown, the chair of the Senate Committee on Banking, Housing and Urban Affairs, issued notices that require crypto firms to release information related to consumer and investor protection on stablecoins.

As Cointelegraph reported, Brown’s notice was directed to Coinbase, Gemini, Paxos, TrustToken, Binance.US, Circle, Centre, and Tether, who now require to hand over the requested information by Dec. 03. The crypto businesses will need to share information on purchasing, exchanging and minting stablecoins.

Additionally, the firms are expected to also share the number of tokens in circulation and how often users exchange them for U.S. dollars. According to the senator, investors “may not appreciate the complexity and distinct features and terms of each stablecoin.” According to the letter:

“I have significant concerns with the non-standardized terms applicable to redemption of particular stablecoins, how those terms differ from traditional assets and how those terms may not be consistent across digital asset trading platforms.” Open / Comment

2021-11-22 21:25:18 ♛Meet the first ever global Chess NFT Marketplace in partnership with FIDE, the International Chess Federation.

Liquidity is ensured by the fact that ChessNFT is a long-term project bridging two multi-billion dollar industries

Officially licensed collection includes 9k chess pieces:
8400 Common ,
480 Rare ,
and 120 Unique
After minting (tokenization of a digital item) a random chess piece will be allocated to the collector's account - everyone has an equal chance of getting a super rare item.

IMPORTANT: Due to limited circulation, it is allowed to purchase no more than 6 items per account

Cost per item: $100 USD

Collectors who gather 6 different pieces of the same color will be qualified for a special drop with legendary moments from the entire series of Championship games.

Sales will start today at 21:00 UTC time, hurry up!

Link to Collection Open / Comment

2021-11-21 09:06:37 ​Microstrategy CEO Discusses Bitcoin Becoming $100 Trillion Asset Class — Says BTC Will Grow 100X

The CEO of Microstrategy says that bitcoin will emerge as a $100 trillion asset class and will grow 100X from where it is today. He said the cryptocurrency is winning against gold as a store of value and he is not worried about regulation. “I’m not at all troubled with the regulations that’s going on right now.”

‘Bitcoin Is Winning, Gold Is Losing’ as Store of Value

Microstrategy CEO Michael Saylor talked about the future outlook for bitcoin in an interview with CNBC Friday. He discussed the institutional adoption of bitcoin, crypto regulation, market volatility, gold versus bitcoin, and BTC as the world’s dominant digital asset and safe-haven investment.

His company currently hodls 114,042 BTC. He was asked whether he is going to keep stacking bitcoin at the current price or wait for a further pullback. He replied: “We are going to keep stacking forever.”

On the topic of bitcoin vs. gold, Saylor was asked whether he thinks “bitcoin has replaced, or will replace, or is in the process of replacing gold as the store of value for most investors.” Noting the advantages of bitcoin over gold, such as the ease of transfer the low storage cost, he said:

"It’s pretty clear that bitcoin is winning, gold is losing … and it’s going to continue … It’s pretty clear digital gold is going to replace gold this decade."

Regarding regulation, including the controversial crypto provision in the $1 trillion infrastructure bill, Saylor said, “I’m not at all troubled with the regulations that’s going on right now.”

He explained, “The safe haven for institutions is to use bitcoin as a store of value,” emphasizing that “Bitcoin is the only ethical, technical, and legal safe haven in the entire crypto ecosystem.”

The pro-bitcoin Microstrategy boss noted that the crypto regulation that is being discussed in Washington will “have an impact on security tokens, defi [decentralized finance] exchanges, crypto exchanges, all the other use cases of crypto that are not bitcoin.”

‘Unstoppable’ — Bitcoin to Become $100 Trillion Asset Class, a 100X Increase

Saylor was also asked what he expects in terms of a realistic price target for bitcoin and whether he sees BTC being worth $1 million a coin someday. He replied that if bitcoin doubles every year, then:

"At the end of the decade it will have flipped gold, and then it will flip monetary indexes, a little bit of bonds, a little bit of real estate, a little bit of equity, and emerge as a $100 trillion asset class. So, 100X of where it is right now."

He continued: “When we get there, it will be 5% to 7% of the worldwide economy. The U.S. dollar will probably replace 150 currencies. Maybe there will only be 2 to 3 left. There might be the euro, the CNY, and the dollar. Everything else is probably going to disappear. And then bitcoin will be the world’s monetary index. If you simply want to keep your money, and you don’t want to express a credit sentiment, or an equity sentiment, or some property or real estate sentiment.”

Lastly, Saylor was asked how countries will react to the scenario he described and whether bitcoin is unstoppable or whether getting to the point he described will depend on governments. He affirmed:

"I think bitcoin is unstoppable as digital property."

He proceeded to explain that there will be three classes of countries. The communist countries, such as North Korea, “will not give you property rights” and “will not let you own anything,” he described, adding that “They will probably ban it.”

The second category comprises countries with weak currencies. They “will have capital controls. They will let you own it but they don’t want you to exchange it or trade it,” Saylor noted. He then pointed out: “It’s not illegal to own bitcoin in China. They just don’t want you to move billions of dollars out of their economy.” Open / Comment

2021-11-16 12:05:30 ​​Acala and Moonbeam Leading Polkadot Parachain Auction with $2.5B TVL

There are two horses extending their leads in the inaugural Polkadot parachain auction and the deadline for the end of bidding is approaching.

There are two horses extending their leads in the inaugural Polkadot parachain auction and the deadline for the end of bidding is approaching.

The winning project will be onboarded as a fully-fledged Polkadot parachain on Dec 18 along with the winners of the next five auctions. The second will commence when the first ends and the runners-up can resume the crowd loan battle.

Parachain contenders battling
The Polkadot-based DeFi hub Acala is currently leading the crowd loan auction but by a slim margin. At the time of press, Acala had 30.8 million DOT tokens allocated according to DotMarketCap, worth around $1.3 billion at current prices.

There have been 41,667 contributions towards the project which is rewarding DOT stakers with ACA tokens. The project aims to issue a stablecoin called Acala Dollar to bootstrap cross-chain DeFi and a DEX on the Polkadot ecosystem.

In close second place is Ethereum Virtual Machine bridging protocol Moonbeam which enables Ethereum developers to seamlessly port smart contracts and dApps to Polkadot. Moonbeam has 30.7 million DOT staked in support, worth around $1.29 billion.

There have been contributions from 62,835 entities in support of Moonbeam which is issuing rewards in GLMR tokens.

The dApp scaling hub Astar Network is in the third spot with 6.6 million DOT pledged worth around $278 million. Chinese managed venture investment firm DFG recently added 300,000 DOT to that total as announced on Nov 15.

The winner of the auction will be determined by the “Dutch candle” method, which retroactively decides when the auction will close after the bidding is complete. This is to prevent last-minute manipulation.

DOT price tumbles
Polkadot’s native token surged to an all-time high of just below $55 on Nov 4 as parachain auction hype mounted. The tokens staked are taken out of circulation temporarily and used to gain rewards in the crowd loans.

Today, DOT has tanked with the rest of the crypto market dumping 10% over the past 24 hours in a fall to $42 at the time of press according to CoinGecko. Open / Comment

2021-11-12 05:40:28 ​​Curve Blocks Mochi After Alleged Attempted Governance Attack

Curve Says Mochi Attempted Governance Attack

According to Curve, Mochi minted a large amount of its own MOCHI token and indirectly swapped those tokens for ETH. With those funds, it bought a large number of Curve governance tokens (CVX).

Finally, against warnings, Mochi locked those CVX tokens, seemingly in an attempt to increase the incentives for Mochi’s own USDM factory pool. This would also deliver more CVX rewards to Mochi.

Curve said that “this constituted a clear governance attack.” As a result, Curve’s emergency DAO declared liquidity providers at risk and blocked any further CVX emissions to Mochi.

Whereas Curve Finance reports that Mochi’s USDM factory pool reached $100 million in liquidity, other sources suggest that the pool reached $170 million in total value locked (TVL).

Mochi Founder Has Responded to Events

Though Mochi has not responded publicly, Mochi founder Azeem Ahmed told Crypto Briefing that Mochi is not at odds with Curve, and that the Curve Emergency DAO’s concerns “are reasonable.”

He hopes that once those concerns are resolved, “the gauge reinstatement will be deemed suitable, independent of strategic fears the whales and influencers may have.” He admitted that Mochi took a “bold approach to gaining voting power in the DAO.”

Ahmed also said that “the DeFi Cartel … feels threatened that a small player on the outskirts” could pose a threat to the established DeFi ecosystem led by Curve and Convex.

Furthermore, he says that many members of the DeFi community believe that Curve’s Emergency DAO mishandled the situation, and that “singling out a single user is inappropriate in what should be a permissionless protocol.”

Others Have Commented on Mochi

While Curve has taken a clear stance against Mochi, other individuals and crypto project leaders have also commented on the events.

Yearn Finance founder Andre Cronje expressed concern that Mochi had become undercollateralized by 65%. He added that, though the relevant contracts could be settled, he could not believe that the project “would put its liquidity providers in so much risk.”

Others accused Ahmed of planning to perform a rug pull on Mochi, to which Ahmed simply responded: “Not happening.”

Meanwhile, Robert Forster, who previously created another DeFi platform called Armor Finance with Ahmed, accused Ahmed of misusing funds from that platform. Ahmed insisted that those funds were “were returned in full” and in turn accused Forster of taking funds for his own purposes.

Curve is the largest DeFi swap platform, with over $16 billion in TVL. Though Mochi may maintain its reputation throughout this ordeal, Curve appears unlikely to quickly reverse its decision.

Disclaimer: At the time of writing, the authors of this feature held BTC, ETH, and several other cryptocurrencies. Open / Comment