NFT / BTC / DEFI News 📣

2022-04-23 17:23:59 AXES METAVERSE: THE FIRST STAGE OF DISCORD REFERRAL PROGRAM

Axes Metaverse is a new NFT-oriented and play-to-earn project backed by Azur Games, an international mobile game developer and publisher with more than 70 successfully launched games and more than 2 billion installs all over the world so far

Key achievements reached:

More than $4 mln raised during GAOs
Azur Games invested $2 mln last year and is about to invest $10 mln in 2022
Entered partnership with Binance and YGG Sea
Achieved worldwide recognition within less than 2 months

Don't miss! The large-scale remuneration program starts on our Discord server!

Prize pool: $3000 + worth of BUSD and Axes Metaverse NFT chests

Hurry up and join now https://t.me/+KcgJqqlGLX44Zjk6 Open / Comment

2022-04-22 08:01:28 ​​Binance's BNB Chain Burns Another $772M in Tokens

BNB Chain, formerly known as Binance Smart Chain, has completed its quarterly auto-burn event for Q1, 2022, taking roughly $772 million worth of BNB tokens out of circulation.

Today, the BNB Chain executed its second automatic quarterly token burn event, taking 1,830,382 BNB tokens worth around $772 million out of circulation. The latest burn has upped the total number of tokens burned to 34,921,230 BNB, accounting for roughly 21% of the total circulating supply of 165,078,769 tokens. Binance’s long-term goal is to burn 100 million BNB tokens, which equates to 50% of the total BNB supply.

BNB Chain Burns $772M Worth of BNB
BNB Chain has completed its latest quarterly auto-burn.
Today, the BNB Chain executed its second automatic quarterly token burn event, taking 1,830,382 BNB tokens worth around $772 million out of circulation. The latest burn has upped the total number of tokens burned to 34,921,230 BNB, accounting for roughly 21% of the total circulating supply of 165,078,769 tokens. Binance’s long-term goal is to burn 100 million BNB tokens, which equates to 50% of the total BNB supply.
Today’s burn represents the 19th quarterly burn event since the program was launched in late 2017. It is also the second quarterly auto-burn, meaning the number of tokens burned was calculated based on the price of BNB and the number of blocks produced by the chain during the last quarter. Previously, the number of BNB tokens burned every quarter was based on the BNB trading volume on the Binance exchange.

Besides the quarterly burning events, BNB Chain has also implemented a second, real-time burning mechanism akin to Ethereum’s EIP-1559. That mechanism burns a portion of the BNB spent on gas or transactions fees on the blockchain. The BNBBurn.info data tracker shows that BNB Chain has burned 72,422 BNB worth around $30.5 million in the last seven months since this mechanism was implemented. For comparison, Ethereum, which pioneered the real-time transaction fee burning model in August 2021, has burned approximately 2,131,280 ETH worth almost $6.5 billion.
Blockchains like Ethereum and BNB Chain implement token burn mechanisms to reduce the supply of their native tokens, which supposedly makes them more attractive as stores of value and incentivizes holders to keep their coins. Today’s $772 million BNB burn, however, has so far failed to spark interest in the cryptocurrency. BNB is trading at $420 at press time, up around 4.6% on the day.  Open / Comment

2022-04-20 16:58:06 Here comes the airdrop

Don't miss a chance to get your first Mayors NFTs for free! The airdrop of 150 NFT characters will be available to the members of the game’s official Discord server. The characters are tradable on the marketplace or can be used to run in virtual elections after the project releases this summer.

April 15 - April 26

Entry requirements:

Be a subscriber of the Discord server;
Reach server activity level 8 (or higher).

There will be 50 winners. Each of the winners will get a Limo item, which contains 3 randomly generated Mayors NFTs of a different rarity.

For more information, go to the announcements channel on Telegram:

https://t.me/+g7DRMZxAI7c0YjBi Open / Comment

2022-04-20 00:25:19 Here comes the airdrop

Don't miss a chance to get your first Mayors NFTs for free! The airdrop of 150 NFT characters will be available to the members of the game’s official Discord server. The characters are tradable on the marketplace or can be used to run in virtual elections after the project releases this summer.

April 15 - April 26

Entry requirements:

Be a subscriber of the Discord server;
Reach server activity level 8 (or higher).

There will be 50 winners. Each of the winners will get a Limo item, which contains 3 randomly generated Mayors NFTs of a different rarity.

For more information, go to the announcements channel on Telegram: https://t.me/+pV4Q9pAVezdlM2Uy Open / Comment

2022-04-18 22:43:22 REMARKABLE CHARITY NFT PROJECT FOR PERSONS LIVING WITH A RARE DISEASE IS LAUNCHED

Leading multimedia artists from around the world have reimagined the iconic masterpiece “The Kiss” by Gustav Klimt as NFTs, to aid the Persons Living with a Rare Disease (PLWRD) and their families.

The first NFT drop on charitykiss.com will feature Dr Formalyst (music by Cedric Fangeat), Ellen Sheidlin, Metapoint.xyz, Oleg Chomp, Ruben Fro, Yuma Yanagisawa.

70% of the initial sale proceeds will go directly to Rare Disease International.

For more info on upcoming drops, giveaways and charity – join the cause on: Discord / Twitter / Instagram / Telegram / charitykiss.com Open / Comment

2022-04-15 19:48:55 ​​South Korean authorities Hire Lawyers to protect NFT and metaverse Market Participants

The Ministry announced a tender among law firms specializing in copyright protection to investigate the possibility of copyright protection in the market of non-interchangeable tokens and Web3.

The Ministry of Culture explained that this study will be the first step towards fulfilling the promises made by the new President Yoon Suk-yeol during his election campaign.

The Ministry assures that they are now actively discussing the development of NFT and metaverses with the president's team. The President promised to "develop a new concept of the digital asset market through the adoption of NFT."

Yun Seok-el explained that he wants to help the development of blockchain technologies, revitalize the token economy in order to keep up with the global ecosystem of metaverses, which "is becoming the industry of the future."

Alas, in South Korea, collectible tokens are often traded without the consent of the copyright holder.

"We plan to find alternative solutions to copyright issues arising from the emergence of new technologies, such as the metaverse and NFT. Including the problem of tokens issued without the consent of the copyright holder," the agency said.

South Korea plans to tighten the prosecution for tax evasion on income from cryptocurrencies. The National Tax Agency of South Korea held consultations with the tax services of Bulgaria and the UK in March. Open / Comment

2022-04-11 23:04:17 ​​Bitcoin 2022: 'Cash is literally useless' - Dollars and pounds attacked at crypto conference as inflation spikes

It's estimated that 150 million people worldwide now own Bitcoin - and the cryptocurrency's supporters argue that this digital asset is maturing fast.

At the heart of a bustling conference hall, steam billows from a replica volcano emblazoned with Bitcoin 2022's logo.
For attendees, it's a symbol of the cryptocurrency's future ambitions - and shows how far Bitcoin has come since it launched in 2009.

Early conferences only attracted dozens of people, mainly cryptographers.
Bitcoin 2022 is different. Organisers say more than 25,000 people turned up each day - with thousands more watching online.

This doesn't feel like an exaggeration. The Miami Beach Convention Centre is cavernous - it takes 20 minutes to walk from one side to another.
Ten years ago, whole Bitcoins were given away for free… and some even went unclaimed.

But this week, enthusiasts were battling it out for the chance to win crypto. Queues formed at a mechanical bull - and the competitor who stayed on the longest would be rewarded with 1 BTC.
That's about £33,000 at the time of writing. In case you're wondering: yes, I did go on it. And yes, I lasted two-and-a-half seconds. (The winner held on for two-and-a-half minutes.) Open / Comment

2022-04-08 17:26:57 ​​Meta Discussing Creating Tokens for Facebook's Metaverse: Report

Diem may be gone, but Facebook parent company Meta is reportedly exploring other types of tokens as it builds a metaverse.
Although Meta (the parent company of Facebook) recently gave up on its plans to create the Diem stablecoin, it's reportedly still interested in creating tokens for use within the metaverse.
The Financial Times reports that Meta is exploring a centralized in-app token similar to ROBUX for the game Roblox. In other words, this likely wouldn't be a cryptocurrency. According to FT, some Meta staffers are referring to the tokens as "Zuck Bucks."

Citing company memos and anonymous sources, FT also details potential plans for social tokens, reputation tokens, and creator coins. The publication warns, however, that the discussions are still early and "could change or be dropped."
The metaverse is an immersive version of the internet that incorporates virtual reality and augmented reality. The idea, put forward in "Snowcrash" and "Ready Player One" is an online world that looks and feels more like the real world—albeit with fantastical elements woven in. Think: meeting up with colleagues on an alien planet or studying at a library like the one out of "Harry Potter."
The race is on, however, to build the metaverse. Although the word implies something all-encompassing, Web3 companies are forging ahead with an open-source version of the metaverse that they say is separate from Facebook's efforts. 
Yat Siu, executive chairman of game publisher and venture capital firm Animoca Brands, told Decrypt in October that Meta represented a "threat" to the open metaverse. In January, Siu doubled down, telling Decrypt: "Facebook is looking to build a closed metaverse, one where they control the data and the network effects that the data derives, so what they are building is less competition than simply antithetical to what we are doing."
That criticism hasn't stopped Meta from pushing forward. FT reports that the company is planning a May pilot for a NFT posting feature and says an internal document shows it's considering monetizing the blockchain-based assets with "fees and/or ads." NFTs are a key cog in most visions of the metaverse. Polygon Studios metaverse lead Brian Trunzo told Decrypt in February, "I think anything that can become an NFT will become an NFT." Open / Comment

2022-04-05 00:45:42 ​​Chinese Messaging App Wechat Reportedly Suspends Accounts Linked to NFTs

The Widening Crackdown on Digital Assets
The Chinese messaging app Wechat recently acknowledged it had suspended some accounts which are said to be linked to non-fungible tokens (NFTs). The suspension of the accounts, according to a BBC report, is aimed at stopping such blacklisted accounts from engaging in NFT market promotional activities that help to drive up prices.

The targeting of NFT-promoting accounts by Wechat appears to suggest that China, which currently does not have specific regulations against NFTs, is widening its crackdown on digital assets that began in 2021.

As explained by multiple reports published by Bitcoin.com News, Chinese authorities have been clamping down on bitcoin miners and cryptocurrency exchange platforms since mid-2021. The crackdown is believed to have forced some crypto miners and platforms to leave mainland China.

‘Rectified’ Public Accounts
While it is not clear if the crackdown has succeeded in completely stopping Chinese citizens from trading or mining crypto, a BBC report suggests Chinese authorities are now eager to add NFTs to the list of outlawed activities. The same report also expanded on the reason, quoting an update from the Wechat team which said:

Wechat has recently standardized and rectified public accounts and small programs for speculation and secondary sales of digital collections.

Wechat also clarified that the action taken against the now “rectified” accounts was done in accordance with relevant national regulations. Open / Comment

2022-03-29 23:00:02 ​​Brits go wild over crypto as UK govt prepares to disclose its plans for regulation in weeks

A recent poll has indicated that cryptocurrency is gaining in popularity in the United Kingdom, with a quarter of individuals believing that digital assets are the “future of finance.”

According to a survey of 2,000 persons, 25% of those questioned believe crypto will be the future of finance even if they don’t understand the technology at the moment, as per research commissioned by StarkWare Industries in the Express.

25% believe crypto to be future of finance. Source: StarkWare Industries
Those between the ages of 18 and 24 are the most enthusiastic supporters of cryptocurrency, with 58% of those in this age bracket having previously invested. More than two-thirds of those surveyed had no regrets about their choice, and 68% believed their investments had resulted in a profit.

58% of 18-24 years have already invested in crypto. Source: StarkWare Industries
Bitcoin, Ethereum and Dogecoin were the most familiar currencies among those polled. More than half (55%) of those who do not wish to invest in cryptocurrency mention fear of losing money as their primary reason for not doing so. 

Indeed, in the UK, crypto investment fraud has continued to increase dramatically, with a total of 9,458 incidents recorded in 2021, representing a 64% increase over the previous year.
UK to soon announce regulatory crypto measures
Meanwhile, sources claim that the United Kingdom will announce its cryptocurrency regulatory plans in the coming weeks.
The British Finance Minister, Rishi Sunak, is set to make an announcement in the coming weeks regarding a new regulatory system for cryptocurrencies, according to sources who told CNBC. Open / Comment