NFT / BTC / DEFI News 📣

2022-06-07 14:00:53 ​ Mayors is a blockchain MMO strategy that is designed as a P2E game based on election mechanics

Why Mayors?

Transparency of the project and detailed information about allocation, distribution and methods of maintaining the token price. All mechanics, where the tokens are involved, are on-chain. Tokenomics is in the public domain.
The project will be interesting for three categories of users: NFT collectors, people who are passionate about making money on P2E projects, as well as for fans of tactical and strategic games.
Partnership with Azur Games, a top 3 international mobile games developer and publisher.
The project is audited by Certik, one of the most popular companies on the market.
The first gamemode release is expected at the end of June 2022.

On social networks the project team shares information about the current progress, and holds many contests, where, in addition to monetary rewards, users can get Mayors NFTs or a place in Whitelist.

More information: https://t.me/+QlDVFPf0XeEzNGNi Open / Comment

2022-06-05 19:19:49 ​​South Korea ramps up crypto investigations and regulations.

South Korea announced Digital Assets Committee, launched an investigation and met with Asia-Pacific financial authorities.

On Friday, June 3, South Korea’s Financial Supervisory Service (FSS) began an investigation into payment gateway services that work with digital assets. The FSS is South Korea’s financial regulator that operates under the Financial Services Commission (FSC), both of which are government institutions.

As reported by local news outlet Money Today Co., the FSS had recently demanded reports from 157 payment gateways about any service related to crypto, their plans for the future, and disclosure of digital assets. But an FSS report stated that only 6 held any digital assets.

Although the FSS is currently the primary financial regulator, on May 31st, 2022, South Korea announced the upcoming launch of the Digital Assets Committee. According to the announcement, this is a temporary solution to bring structure to the virtual asset industry following the Luna-Terra crash.

Per the announcement, the guidelines include screening criteria for newly-listed assets, market monitoring, trade monitoring, a level of disclosure, and other investor protections. The five major exchanges in the country appear to agree on the standards and have formed their own committee to help prevent another incident similar to Terra (LUNA).

Soon after the FSS began its investigation, it announced a remote meeting with other financial supervisory authorities from five countries in the Asia-Pacific region. This event was hosted by the Indonesian Financial Supervisory Service and included Australia, China, and Japan as well.

The meeting covered global market conditions as well as big tech and crypto. The Korean representative mentioned the need for cryptocurrency regulation, disciplinary action around virtual assets, and the expansion of financial regulatory frameworks.

On Tuesday, May 24th, 2022, South Korean officials opened an investigation against Do Kwon, the primary figure in the Luna incident. Yoon Chang-Hyeon, the chairman of the People's Strength Virtual Assets Special Committee who had met with the top exchanges in response, will lead the Digital Assets Committee mentioned above. Open / Comment

2022-05-15 14:29:38 ​​Crypto donations fund ATVs and gas masks for Ukrainian military.

Ukraine's ministry of digital transformation has utilized cryptocurrency and nonfungible tokens, even CryptoPunks, in an effort to fund its military and humanitarian aid.

Ukrainian officials have used funds from the crypto donation platform launched by the government to purchase supplies for the country’s military amid its ongoing war with Russia.

In a Friday tweet, Ukraine’s minister of digital transformation, Mykhailo Fedorov, announced that the country had purchased five all-terrain vehicles, which “will come in handy for a challenging environment” — possibly referring to conditions near the front lines with Russia or where roads have been damaged or destroyed. Funds for three of the ATVs originated from Aid for Ukraine, a platform the government launched in March that accepts crypto donations “to support people in their fight for freedom.”

At the time of publication, Aid for Ukraine has reportedly raised more than $60 million in Bitcoin (BTC), Ether (ETH), Tether (USDT), Polkadot’s DOT, Solana’s SOL and USD Coin (USDC). Fedorov reported on Wednesday that the government had already used some of the funds to supply 5,000 gas masks to state border guards and the army. Aid for Ukraine has also purchased more than 5,000 “optical and thermal imaging devices” for the nation’s military since the war began; tablets aimed at helping Ukrainians escaping the country find accommodations and aid; bulletproof vests; medical supplies; vehicles; and clothing

Since the beginning of the Russian military invasion in February, the Ukrainian government has turned to the crypto space many times as a solution for receiving funds from concerned parties. Fedorov announced in April that the government would accept contributions toward the war effort in the form of nonfungible tokens, or NFTs, which will in turn be sold to “contribute to the Ukrainian victory,” and it recently launched a charity NFT collection with pieces from Ukraine's video game developers and digital artists. Open / Comment

2022-05-12 10:48:59 ​​KuCoin to launch DeFi products in 2022 with fresh $150M raise.

The global crypto exchange KuCoin expects to launch decentralized wallet products later in Q2 2022, also planning to roll out its NFT marketplace Windwave in the near future.

The global cryptocurrency exchange KuCoin aims to go beyond centralized trading services and focus on Web3 with new funding backed by firms like Circle Ventures.

The KuCoin cryptocurrency exchange officially announced on May 10 a $150 million pre-Series B funding round, bringing the company’s valuation to $10 billion.

The latest funding round mainly aims to strengthen the exchange’s partnership with major industry players as well as promote the mass adoption of crypto, KuCoin CEO Johnny Lyu told Cointelegraph, noting:

“KuCoin is financially healthy. We are still in contact with many VCs, and we are open to have another round in the near future, as long as we can find partners that share the same value and vision with us.”

The latest KuCoin raise is led by Jump Crypto, the cryptocurrency arm of a major quantitative trading firm Jump Trading Group. Circle Ventures, the crypto investment division of the USD Coin (USDC) stablecoin, is among the new investors in the round.

Existing investors include major investment firm IDG Capital and the private equity investment firm Matrix Partners, which participated in KuCoin’s $20 million Series A funding round in November 2018.

As part of KuCoin’s plan to focus on decentralized trading services and presence in Web3, the company plans to build and invest in crypto wallets, services related to decentralized finance (DeFi), GameFi and nonfungible token (NFT) platforms. The firm particularly plans to invest in its arms like KuCoin Labs and KuCoin Ventures, as well as the public community chain known as KCC.

“Decentralization is an unstoppable trend, but we believe centralization and decentralization will co-exist in the future. KuCoin hopes to better cater to the needs of all classes of investors,” Lyu said. He added that the firm expects to launch decentralized wallet products later in Q2 2022 and also plans to rollout its NFT marketplace Windwave in the near future. Open / Comment

2022-05-07 13:33:13 ​​Global private bank LGT opens Bitcoin and Ether trading.

LGT Bank has partnered with the Swiss crypto bank Seba to offer custody and trading services for Bitcoin and Ether.

LGT Group, a top family-owned private banking and asset management group, is moving into cryptocurrency by launching Bitcoin (BTC) and Ether (ETH) investments at LGT Bank in Liechtenstein.

Managing over $292 billion of assets, LGT Bank has debuted digital asset custody and trading services in cooperation with Swiss cryptocurrency bank Seba, according to a joint announcement released on Wednesday.

“LGT Bank has been offering direct investments in Bitcoin and Ether since May. The private bank has entered into a partnership with Seba Bank, which will act as broker and custodian to provide this service,” Seba Bank’s chief marketing officer Sandra Frank told Cointelegraph.

LGT Bank will initially offer custody and trading services for BTC and ETH. Seba supports more than 14 cryptocurrencies, including altcoins like Litecoin (LTC), Polkadot (DOT), Tezos (XTZ), the Tether (USDT) stablecoin and others.

According to the announcement, LGT’s crypto services will be fully integrated with traditional assets, enabling clients to easily exchange assets in their existing portfolios. The new offering will be initially available to selected client groups of LGT Bank. In order to access the new services, clients must be based in Liechtenstein or Switzerland and be classified as professional clients or be managed by an external asset manager.

Headquartered in Vaduz, Liechtenstein, LGT is one of the world’s largest wealth managers and investment companies. The banking giant traces its history back to 1920 and has a key presence in Switzerland in addition to more than 20 offices around the globe.

LGT Bank’s entrance into crypto aligns with the firm’s commitment to meet the increasing demand for investment opportunities, Liechtenstein’s LGT Bank CEO Roland Matt said. He added:

“The demand for cryptocurrencies has also increased among our clients in recent years. When developing our new offering, we paid particular attention to security while focusing on clear, reliable processes and procedures. They are central for dealing with this dynamic and still quite young asset class.” Open / Comment

2022-05-03 09:11:55 ​​Swiss National Bank: ‘Buying Bitcoin Is Not a Problem for Us’

Switzerland’s central bank, the Swiss National Bank, says buying and holding bitcoin as a reserve currency is not a problem for the bank. “We can arrange the technical and operative conditions relatively quickly, when we are convinced we must have bitcoin in our balance sheet,” the chairman of the Swiss central bank reportedly explained.

The Swiss National Bank could buy and hold bitcoin as a reserve currency if the cryptocurrency meets the bank’s currency reserves requirements, Chairman Thomas Jordan reportedly said at the central bank’s annual general meeting Friday.

The Swiss central bank chief was quoted by Reuters as saying:

Buying bitcoin is not a problem for us. We can do that either directly or can buy investment products which are based on bitcoin.

However, he noted: “But from the current perspective we do not believe bitcoin meets the requirements of currency reserves. That’s why we have until now decided not to have bitcoin on our balance sheet.”

Nonetheless, he stressed:

We can arrange the technical and operative conditions relatively quickly, when we are convinced we must have bitcoin in our balance sheet.

A growing number of corporations are holding bitcoin on their balance sheets while more countries are establishing a framework to make BTC a legal currency.

El Salvador adopted bitcoin as legal tender alongside the U.S. dollar in September last year, and recently the Central African Republic made the crypto an official currency.

Meanwhile, an increasing number of people are expecting the U.S. dollar to lose its dominance, fuelled by the Russia-Ukraine war. Rich Dad Poor Dad author Robert Kiyosaki, for example, has repeatedly warned about the end of the U.S. dollar. Renowned investor Jim Rogers also warned in March about the end of the U.S. dollar. Open / Comment

2022-04-30 14:48:57 MetaSyndicate Private Mint - Starts TODAY 30/04/2022

Website: https://metasyndicate.io/
Telegram: https://t.me/metasyndicate
Discord: https://discord.gg/metasyndicate
Twitter: https://twitter.com/meta_syndicate

Benefits of MINTING:
Private MINT: 0.1 ETH
Passive Income for at least 2 YEARS: Minimum $21 to $90 / Month / NFT
SYND Tokens Rewards for NFT Holders - Claim Daily


Get Whitelisted on Telegram or on Discord NOW Open / Comment

2022-04-29 21:21:16 ​World Economic Forum Shares a Video About Changing Bitcoin's Code to Proof-of-Stake

WEF on Bitcoin’s Proof-of-Work: A ‘Basic Change in Coding” Could Eliminate ‘Most of the Network’s Energy Demands’
In recent times, there have been a lot of arguments about the energy consumption used by cryptocurrency miners and how it impacts the global environment. In recent times, politicians and regulators have been targeting the mining industry. Additionally, the environmental global campaigning network Greenpeace, with the help of Ripple Labs co-founder Chris Larsen, started a campaign to get Bitcoin’s code changed so it will be friendlier to the environment. The web portal cleanupbitcoin.com states:

You’ve heard Bitcoin fuels the climate crisis, but did you know a software code change could clean it up.

The World Economic Forum (WEF) has shown it agrees with the Greenpeace campaign “Change the Code, Not the Climate.” On April 26, the WEF tweeted about the possibility of Bitcoin changing to a proof-of-stake (PoS) network. The same WEF that has been promoting the ‘Great Reset’ agenda, shared an accompanying video clip that claims “miners could stake their own bitcoins to verify transactions.”

A simple “basic change in coding” could eliminate “most of the network’s energy demands at a stroke,” the video says. WEF’s video mentions the Greenpeace-led ‘Change the Code’ effort and the campaigners who believe the controversial idea is possible. Open / Comment

2022-04-27 17:00:06 FINAL DROP IS LIVE

3D PUBLIC MINT IS LIVE! Last chance to mint 3D Sol Kitties!
Get on Magic Eden Launchpad now!
April 27th - 15:00 UTC


Sol Kitties is a prime quality and innovative Solana NFT project that was sold out in 55 seconds. Driven by the community and backed by agile industry professionals, Sol Kitties, has been in development with the purpose of delivering steadily growing returns to investors through multiple channels.

Hurry up: https://discord.gg/ADswSSvERz Open / Comment

2022-04-26 08:57:34 ​​Samsung Participates in Series A Round That Raised $25 Million for a Metaverse Startup

A Korean metaverse startup, Doubleme, is said to have raised $25 million in a Series A round that saw the leading South Korean electronics manufacturer Samsung Electronics take part.

The South Korean electronics and smartphone maker Samsung is reported to have participated in Series A funding which raised $25 million for a Korea-based metaverse startup, Doubleme. The round was led by Coentry Investment and NH Investment.

According to a Techinasia report, the startup, which was founded in 2015 by Albert Kim, Michael Kuczynski, and Heeyoung Kim, will use the funds raised for product development, marketing and hiring purposes.

Doubleme also aims to commercially launch a Twin World metaverse platform that supports artificial reality devices later in the year, the report added.

Twin World, which was launched in November 2020, allows users to create an artificial reality experience in any physical location. Since its launch, the platform has generated about $4.5 million in revenue from its paying customers that are found across 17 cities.

Prior to the latest funding round, Doubleme had previously raised $1 million in seeding funding. In addition, the startup had also received a $16 million grant from the South Korean and the U.K. government. Samsung has been doubling-down on metaverse and NFT concepts for quite some time.

At the end of March, Samsung partnered with Nifty Gateway in order to integrate NFT tech into the firm’s lineup of smart television products. During the first week of January, Samsung launched a virtual version of the company’s electronics store in the Decentraland metaverse world. Open / Comment