Crypto Lake

2022-02-22 18:00:46 ​ HODL BABA NFT

The HodlBaba has a philanthropic mission to solve global warming issue by planting 100K trees also, HodlBaba will launch its own token and staking in phase 1.
Every mint of HodlBaba NFT will donate funds for the X number of trees which shows on the left bottom of NFT so that the hodlers can save the environment and live in a clean and green place (Earth).

MINT IS LIVE!
Official mint site: https://hodlbaba.com/
Join us: https://discord.com/invite/AKhC5cgQJv
Price: 0.06ETH

See you! Open / Comment

2022-02-22 15:00:50 ​Check Out Fab Four Gear and their Sullivan Trading Card Game dropping February 23rd 2022 !

They are giving up to $60k USD back to the winners (20%), plus they have set aside 4% to go back to charity. That's over $75k USD given back!


Time Pre-Sale: 5AM PST/8AM EST (Genesis Pass owners save 25% during pre-sale)

Time Sale: 5:44AM PST/8:44AM EST!

They are a Beatles fans inspired to use the Metaverse to change the real world, while creating assets for their community. Check our their Discord to learn more about them!


How the Sullivan Trading Card Game works:

Here are 6 easy steps to win our Trading Card Game:

1. Mint at least 16 of the Sullivan Trading Cards to get a jump on winning the game. Hint: Mint 64 Cards to win the big prizes.

**Trading Cards are randomly generated.

2. Go to the #trading-zone channel on our Discord and meet other players to arrange trades to match up your Cards. However, we suggest you use services such as “NFT Trader” to protect yourselves when doing an actual trade. We assume no risk or liabilities. Trade at your own risk.

3. Once you have 4 matching Cards then burn them to create an Exclusive NFT.

4. Keep playing the game. Repeat steps 2-4 as necessary to create more Exclusive NFTs. Once you create 4 different Exclusive NFTs, then claim your free Microphone AirDrop (gas fees not included).

5. Collect all 16 Exclusive NFTs to win an ULTIMATE GRAND PRIZE!

6. Submit your wallet for verification.

ULTIMATE GRAND PRIZE goes to the 1st player who submits their verification to prove they have all 16 Exclusive NFTs. This player wins the Ultimate race AND wins ALL their ETH back (not including gas fees) that they originally paid for their 64 Cards minted through our website.

OTHER PRIZES: All other players who complete the Sullivan Trading Card game will get back about $400 USD (in ETH; not including gas fees) as a reward! That's up to $60,000 USD back to the community!

Each time you buy a Trading card you are building a digital asset, having fun, and are donating to 4 different charities that John, Paul, George, and Ringo support!

Click Here: Join their Discord community and get started!

Fab Four Gear has been published in Music Times, Marketwatch, Crypto News, Bitcoinspeak, and more! Check out their website to see Press they’re receiving!

FabFourGear.com Open / Comment

2022-02-21 14:59:10 @dehealth , brand new Web 3.0 protocol, is now LIVE on @DaoStarter

The link to public sale on DaoStarter
https://www.daostarter.pro/#/parameterLimit/49920

LIVE on scaleswap.io at 12 UTC

LIVE on app.lunapad.co at 13 UTC Open / Comment

2022-02-19 21:00:31 ​Blockchain Games in 2022: Play-to-Earn, Gamification, Interoperability and Major Publishers.

Video games have long been regarded as a Trojan horse for new technologies. Whether it be home computers, smartphones, or virtual reality, the pleasure of gaming is usually one of the most effective ways of interesting the public in new tech, and the same is true when it comes to blockchain and cryptoassets.

In fact, Cryptonews com prophesied that video games will drive blockchain adoption way back in 2018, and this prediction really does seem to be coming true, with 2021 seeing greater interest in blockchain-based games. And according to a range of industry figures, such games will attract even more usage and adoption this year, with play-to-earn (P2E) and GameFi (decentralized applications (dapps) with economic incentives) most likely being the dominant trends.

On top of this, many analysts expect major game developers and publishers to enter blockchain-based gaming to some degree this year, with the use of NFTs proving a big draw. However, while 2022 might witness considerable growth for crypto-gaming, there might still be a considerable degree of experimentation as the sector decides what works and what doesn’t.

Play-to-earn driving continued blockchain-gaming growth

Make no mistake: games are big for the crypto sector, as explained to Cryptonews com by DappRadar’s co-founder and Chief Development Officer (CDO), Dragos Dunica.

“Along with NFTs, which currently lead in terms of trading volumes, games are the blockchain industry’s leading segment in terms of usage. Similarly to Q4, over 50% of unique active wallets interacted with gaming dapps [decentralized applications] [last] month, meaning that, despite the crypto crash, this category remained stable,” he said.

Dunica explains that one particular area of the crypto-gaming sector is key for its growth: play-to-earn. As its name suggests, this is a model where players receive rewards (usually NFTs or native tokens) for playing a given title, with Axie Infinity being the most notable example.

“Play-to-earn has been a key driver for gaming’s increasing popularity, and it’ll likely remain so. That the top five games -- Alien Worlds, Splinterlands, Farmers World, Axie Infinity, and Upland -- are, all in all, retaining their users is a good indicator of this trend continuing over the next few months,” he added. Open / Comment

2022-02-16 20:00:26 ​​61% of Luxembourg financial players to embark on crypto journey in 2022: PwC.

The Big Four player PwC Luxembourg dropped a compelling report on crypto-asset intentions, ownership and challenges.

In a bullish report released by professional services firm PwC Luxembourg, 61% of 123 Luxembourg-based financial players are “embarking or planning to embark on a crypto journey.”

The report comes hot on the heels of competitor professional services firm KPMG Canada’s decision to add Bitcoin (BTC) and Ethereum (ETH) to its treasury. It appears the Big Four is warming up to crypto.

Thomas Campione, blockchain & crypto-assets Leader for PwC Luxembourg, told Cointelegraph that “For many years, traditional players have been looking at crypto-assets with skepticism.” He added that a possible combination of “branding issues” and a lack of understanding may have stymied growth in the space in the past.

However, the negative sentiment may be on the turn. Campione told Cointelegraph:

“It is becoming clear however that 2022 shall be a pivotal year when it comes to crypto-assets management.”

The report shares that the “rate at which the global crypto-assets industry is undeniable,” and attempts to use Luxembourg as a “lens” through which one can gain a better understanding of the nascent asset class.

The only Grand Duchy in the world, Luxembourg is a tiny European country that punches well above its weight in the financial services and blockchain industries. In 2021, the PM declared his desire for Luxembourg to be the 'digital frontrunner' in blockchain.

OG’s in the cryptocurrency space will remember that PwC Hong Kong began accepting payments in BTC in 2017. Campione told Cointelegraph that PwC Luxembourg began the same process in 2019.

While the report cites energy consumption, anti-money laundering concerns and “regulatory fragmentation” as challenges facing the cryptocurrency industry; critically, one-fifth of the businesses surveyed in the report already view “crypto-assets as a strategic priority.”

Campione concluded:

“Taken into consideration that Luxembourg is the second investment funds hub in the world, these results clearly set the tone on what to expect in the market in the very near future." Open / Comment

2022-02-13 20:00:48 ​​Intel to enter crypto space with blockchain accelerator shipping later this year.

For now, it appears its efforts are focused on improving GPUs for crypto mining.

On Friday, Raja M. Koduri, senior vice president of accelerated computing systems and graphics group at Intel, declared their intent to contribute to the development of blockchain technologies, beginning with the introduction of energy-efficient crypto mining accelerators that will be released this year. Previously, Intel had announced it would unveil the next generation of Application-Specific Integrated Circuit mining machines at the next International Solid-State Circuits Conference later this month.

The company would also form a new International Solid-State Circuits Conference within Koduri's division. It would be responsible for building custom silicon platforms for optimizing blockchain mining performance and the design of supercomputers.

In addition, the firm believes that its circuit innovations will deliver a blockchain accelerator that has over 1000 times better performance per watt, or energy used per units time, than the mainstream GPUs used to mine blockchain networks, which utilize SHA-256 encryption. Regarding the development, Intel said:

"Argo Blockchain, BLOCK (formerly known as Square), and GRIID Infrastructure are among our first customers for this upcoming product. This architecture is implemented on a tiny piece of silicon to have minimal impact on the supply of current products."

Intel has had an odd, low-profile relationship with the cryptocurrency space over the years. The difficulty of mining Bitcoin has increased to the point that ASICs are required over GPUs for a chance at profitability. As for Ethereum mining, NVIDIA and AMD currently dominate the sphere with their GPUs sold en mass to local miners. Prior to unveiling its Bitcoin mining hardware, Intel had not seen much action in the crypto space, aside from taking a small stake in Coinbase stock last year. Open / Comment

2022-02-10 20:15:00 ​​Terra sponsors Washington Nationals, Bitstamp backs Immortals esports.

The two new partnerships will see crypto and NFT integrations with major professional sports and esports organizations.

Sports and esports fans will soon see more crypto ads during games as Terra has partnered up with the Washington Nationals MLB team and crypto exchange Bitstamp is now partnered with esports organization Immortals.

Terra (LUNA) is the 10th largest cryptocurrency by market cap and the blockchain that produces the UST stablecoin. The project is governed by a decentralized autonomous organization (DAO), which is now an official partner of the Washington Nationals.

The Terra community committed $38.2 million in UST over the next five years to secure the deal. The partnership was proposed by Terra founder Do Kwon on Feb. 1 through the community’s governance platform.

As part of the partnership, there are plans to allow fans at games to make purchases with UST at the team's home stadium, Nationals Park, as early as next season.

The team will also display Terra signage around Nationals Park during games and produce a five-part video series promoting Terra.

Nearly 1.5 million fans attended Nationals games throughout the 2021 season. That number is expected to climb above 2 million as Covid-19 restrictions are lifted, giving Terra greater exposure in the ballpark.

The Terra community joins FTX as a major crypto outfit sponsoring professional American sports teams.

U.K.-based crypto exchange Bitstamp announced on Feb. 9 that it has partnered with the U.S.-based Immortals competitive esports organization.

The deal will see Bitstamp and Immortals collaborate on three fronts including future nonfungible tokens (NFT) for fans.

Immortals will launch a team of content creators who will serve as Bitstamp brand ambassadors and offer “interactive streams, custom content, and exclusive giveaways that fuse crypto and gaming.”

Bitstamp will sponsor the Immortals during the League of Legends World Championship. At the championship, every time Immortals draws first blood (that is, gets the first kill in a match) fans will have a chance to win crypto. Open / Comment

2022-02-07 20:00:38 ​​US Treasury targets NFTs for potential high-value art money laundering.

The Department of the Treasury suggested that the increasing use of art as an investment or financial asset could make the high-value art trades vulnerable to money laundering.

The U.S. Department of the Treasury released a study on the high-value art market, highlighting the potential in the nonfungible tokens (NFT) space to conduct illicit money laundering or terror financing operations.

The treasury’s “Study of the facilitation of money laundering and terror finance through the trade in works of art” suggested that the increasing use of art as an investment or financial asset could make the high-value art trades vulnerable to money laundering:

“The emerging online art market may present new risks, depending on the structure and incentives of certain activity in this sector of the market (i.e., the purchase of NFTs, digital units on an underlying blockchain that can represent ownership of a digital work of art).”

The study underlines the importance of NFTs in representing ownership of the digital and physical property that is managed and controlled via smart contracts and digital wallets. The treasury also points out that the price of NFTs is determined by the buyer and seller and not the market:

“According to U.S. authorities, in the first three months of 2021, the market for NFTs generated a record $1.5 billion in trading and grew 2,627 percent over the previous quarter.”

However, the NFT market in 2020 alone was valued at more than $20 billion. The U.S. treasury suggested a possibility where criminals can purchase NFTs with illicit funds and resold to an unwary collector “who would compensate the criminal with clean funds not tied to a prior crime.”

NFTs can also be sold via peer-to-peer (P2P) sales, which bypasses the need for an intermediary or recording the transaction over the public ledger. While underscoring the various money laundering vulnerabilities made possible by the NFT ecosystem, the treasury concluded:

“Moreover, traditional industry participants, such as art auction houses or galleries, may not have the technical understanding of distributed ledger technology required to practice effective customer identification and verification in this space.” Open / Comment

2022-02-04 20:00:37 ​​Tezos scores $27M deal with Man United, Baby Doge backs Hoffenheim.

EPL giant Manchester United is set to announce a partnership with blockchain platform Tezos, and Baby Doge has struck a deal with a German professional football team to develop NFTs.

Manchester United, one of the world’s most popular soccer (or football) teams, is reportedly set to announce a multi-year training kit sponsorship by proof-of-stake blockchain platform Tezos.

First reported by The Athletic, the deal is apparently in excess of $27 million per year, allowing Tezos to place its logo on the team’s training uniform. Manchester United has reportedly finalized filming promotional material ahead of the official announcement.

The report also speculates that the partnership may involve collaboration in the technology space, such as a metaverse or other Web3 projects.

Tezos has made a heavy investment in sports sponsorships. In May 2021, RedBull racing announced Tezos as its official blockchain partner. Tezos built its first nonfungible token (NFT) fan experience, which was launched in November later that year.

A similar announcement by McLaren Racing a month later saw Tezos as its official technical partner in a multi-year deal across its Formula 1, Indycar and esports teams, and the Tezos network was used in the launch of McLaren’s NFT collection in October 2021.

Manchester United is in the top tier of pro-English football dubbed the English Premier League (EPL). It joins several other EPL clubs that have either penned sponsorship deals or fan token partnerships.

In August 2021, Dogecoin (DOGE) partnered with Watford FC as its shirt sleeve sponsor for the 2021–2022 season, with players sporting the coins’ famed meme logo on their arms. Manchester City, Arsenal and Wolverhampton Wanderers FC have all launched fan tokens on various platforms such as Socios and Bitci.

Meanwhile, Doge- and Shiba Inu-inspired meme coin Baby Doge Coin (BabyDoge) has announced it has partnered with professional football club TSG Hoffenheim, a team in the Bundesliga — Germany’s top football league.

In an announcement, Hoffenheim confirmed that Baby Doge will become an official partner of the club, working together on the development of club-specific NFTs. Open / Comment

2022-02-01 20:00:41 ​​El Salvador president predicts ‘gigantic price increase’ for Bitcoin.

There is not enough Bitcoin for global millionaires if each of them wants to own one, Bukele said.

Salvadoran President Nayib Bukele made yet another bullish Bitcoin (BTC) prediction soon after the International Monetary Fund had urged his government to remove Bitcoin’s status as legal tender.

Bukele took to Twitter on Monday to predict that Bitcoin will ultimately see a “gigantic price increase” due to its limited supply of only 21 million digital coins.

The president cited Bitcoin’s scarcity case, emphasizing there are “more than 50 million millionaires” in the world, and there is not enough Bitcoin if each one of them wanted to own at least 1 BTC.

“No enough for even half of them. A gigantic price increase is just a matter of time,” Bukele wrote.

Bukele’s comments came shortly after the International Monetary Fund (IMF) had urged El Salvador to end its recognition of Bitcoin as legal tender due to risks related to financial stability and consumer protection. The IMF’s report followed a sharp Bitcoin price decline, with BTC losing about $10,000 of its value in a period from Jan. 20 to Jan. 25, according to data from CoinGecko.

The latest Bitcoin crash caused major dollar-nominated losses to El Salvador’s Bitcoin reserves. As previously reported by Cointelegraph, the Salvadoran government made its first 200-BTC purchase on Sept. 6, when BTC traded around $52,000. The government then bought 420 BTC on Oct. 27 when Bitcoin’s market price was above $58,000. El Salvador also later bought some Bitcoin at around $54,000 in November and more BTC at $49,000 in mid-December.

At the time of writing, BTC is trading at $37,159, down about 45% from its historical highs of above $68,000 recorded on Nov. 9. Open / Comment