Crypto Shake

2023-03-09 16:00:24 ​Missouri lawmakers are going to pass a law to protect mining

Under the provisions of the Missouri Digital Asset Mining Protection Bill, state and political subdivisions must be prohibited from preventing digital asset mining nodes from launching at home. The bill limits the prohibitions the state will be able to impose on mining companies.

According to the bill's proponents, legal support for mining in Missouri would protect cryptocurrency mining businesses by ensuring that the state only imposes requirements on regulated data centers, without allowing state regulators to unilaterally change mining zoning requirements, without "adequate notice to all interested parties." Open / Comment

2023-03-08 22:00:10 ​ Roma and Real Sociedad will square off at Stadio Olimpico in an eagerly anticipated Europa League match.

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2023-03-08 20:55:44 ​​NudesToken launches “meme-to-earn” website, releases Nudes Army OG and Hired Guns NFT collections

NudesToken has launched a “meme-to-earn” website and two NFT collections, Nudes Army OG and Hired Guns. Initially, the MemeSite will be usable by meme creators and consumers but will expand its services to offer advertisements for other projects.

The Nudes Army MemeSite offers a platform for users to submit meme content and receive NEP-17 NUDES tokens in return for upvotes from other users. Likewise, users can spend NUDES to downvote meme content submissions. However, the meme creator will not receive any of these tokens as rewards.

A portion of any NUDES used to upvote or downvote content will be burnt, and a portion will go into a forthcoming single-stake fund. The image below showcases NUDES allocations when voting.

Wallets holding a Nudes Army OG NFT will pay reduced fees when voting on meme content.

Nudes Army OG NFTS
The Nudes Army OG NFT is a limited edition item that will offer future benefits for token holders (i.e., airdrops, reduced fees). There is a total supply of 100, with 80 up for sale and 20 reserved for future contests and giveaways.

Each Nudes Army OG NFT costs 1 trillion NUDES (approximately US $4,600 at the time of press). Alongside reduced fees for voting, each OG NFT will earn 50% of the fees accrued on the Nudes Army MemeSite.

A 20% royalty fee is also included in the smart contract. Each time the OG NFT is sold or traded, 50% of the royalty will be burnt and 50% sent to the NUDES single-stake fund.

Hired Guns NFTs
The Hired Guns NFT series offers token holders access to a special channel on the Nudes Army Discord server. The channel will be the home to announcements of opportunities for creators to make memes in exchange for NUDES tokens.

The Hired Guns NFTs has a total supply of 10 billion. The cost to mint a Hired Gun NFT is 2 billion NUDES tokens (approximately $10 at the time of press), and any NUDES spent on purchasing an NFT from this series will be burnt. However, creators can also earn a Hired Gun NFT if they make a meme that results in the burning of 2 billion or more NUDES in fees generated from voting.

Once a Nudes Army Hired Gun NFT has been minted, it can’t be transferred out of the wallet. It will remain permanently attached to that address. Open / Comment

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2023-03-07 15:26:08 ​Coinbase Pulls the Plug on Silvergate Because of Financial Uncertainty

When Coinbase severed connections with Silvergate in favor of a partnership with Signature Bank, Silvergate took a significant hit. As a result of Silvergate's connection to FTX, the company is being investigated as Coinbase now seems to be backing down from matters.

Separation from Silvergate
The cryptocurrency exchange has said it will no longer be working with the fundraising firm. This comes as Silvergate is being investigated for its ties to FTX, which went out of business last year. The bank said that it will postpone its annual report to the SEC (SEC).

Coinbase announced on its Twitter page that it would no longer accept payments through Silvergate. The company told its clients very strongly not to use Silvergate and to look for other options instead. According to the tweet, the exchange has "de minimis corporate exposure" to Silvergate. Open / Comment

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2023-03-06 12:00:26 ​Shopify, Thirdweb, NFTs and Web3: what it’s all about

As anticipated, Shopify is partnering with Thirdweb to launch Commercekit, a kit designed to enable developers to easily create Web3 commerce apps.

The US Consensus Bureau News states that 13% of total retail sales are acquired through e-commerce sales.

Thus, Web3 is set to accelerate this e-commerce revolution by providing merchants with new ways to engage their audiences, execute marketing campaigns, and reward customers for their loyalty.

Specifically, key capabilities of the partnership include several objectives. Among them, uniting the physical and digital.

Indeed, the new kit will enable merchants to merge customers’ off-chain physical purchase history with their on-chain digital wallet activity, creating a unified profile in the physical and digital worlds.

In addition, there will be the ability to reward new and loyal customers. In this regard, developers can use these new tools to unlock apps that enable many benefits such as discounts, exclusive products with tokens, in real-life shopping experiences and time-based sales for audience segments. Open / Comment

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2023-03-05 15:00:08 ​Binance custody partner clarifies Singapore licensing plans.

Binance recently rebranded its custody arm, now called Ceffu, which launched in Singapore in November 2022.

Amid various reports about Binance trying to revive its crypto licensing plans in Singapore, the crypto exchange has set the record straight. Binance told Cointelegraph that Ceffu, its “independent institutional custody partner,” will apply for an institutional crypto custody license when Singapore’s central bank opens applications.

Singapore has established itself as a hub for crypto businesses owing to its flexible tax policies, access to diverse tech talent and convenient location, which allows companies to operate smoothly within the region in Asian time zones.

The Monetary Authority of Singapore (MAS) is expected to open up the crypto custody licenses for institutions after relevant amendments to their Payment Services Act. Cointelegraph reached out to Ceffu for insights on the Singaporean crypto market and its upcoming plans to offer crypto custody services to institutional clients. Open / Comment

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