Bitcoin Industry

2022-11-15 16:00:13 Cheelee: GameFi short video platform. Watch. Play. Earn.

Cheelee is the first GameFi short video platform where the user can make money while viewing the feed. Upon registration of your in-app wallet, you receive special NFT glasses, and you can start making money.

The mechanics are based on the Attention Economy model, where user’s attention is treated as a commodity for which social networks begin to pay. I looked into WP and got to the point.

Let’s take a look at some of the highlights:
1. A sustainable financial model. An extremely important indicator in the current market.

Cheelee is a social network, whose revenue is by 30% provided by advertising, in-game purchases and collaborations with brands, while for most m2e projects this figure is no more than just 1%.

2. The project is focused on a wide audience of social networks, it is 4.6 billion people, and plans to reach the 1st billion in the next 4 years.

3. The Cheelee social network was not created from scratch. There are almost three years of development behind it, 100+ team members, experience and continuity in the form of NUTSon social network with more than 1.5M uploads.

4. Free project entry. You do not need to spend hundreds and thousands of dollars to become a member of Cheelee, you just need to sign-up and start using the app.

5. You can earn without changing any of your habits. Just scroll through the feed, watch videos and get tokens.

All this sounds cool, but what about the prospects for the token price?

The emission of tokens is limited. There is a deflationary economic model, while the complexity of the mining will increase.

To support the token rates (there will be two CHEEL and LEE), the project has a Stability Fund, where up to 100% of profits from NFT sales and in-app transactions and 70% of advertising revenue, in-game purchases and collaboration with brands will be donated.

Now there is a chance to get WL and take a part in the giveaway of 50 000$!!!

http://bit.ly/3g0DxUw Open / Comment

2022-11-14 20:00:09 ​​Binance creates industry recovery fund to help projects struggling with liquidity.

Binance CEO Changpeng Zhao clarified that the project is for other potentially strong projects and not FTX, saying that “liars or fraud” would never qualify.

As the effects of the FTX crisis continue to affect the markets negatively, crypto exchange Binance is creating a fund to help potentially strong projects that are having liquidity issues.

In a tweet, Binance CEO Changpeng Zhao said that the fund aims to reduce the cascading negative effects of the collapse of FTX by helping projects that the Binance CEO described as “strong, but in a liquidity crisis.”

While Zhao did not provide all the information on which projects would qualify, he told teams who believe they may fit the criteria to contact Binance Labs, the exchange’s venture capital arm. He also called upon other industry players interested in co-investing to get in touch with them. “Crypto is not going away. We are still here. Let's rebuild,” Zhao wrote.

Seemingly confused by the announcement, one crypto community member replied to Zhao’s post, asking why FTX would qualify for the fund. To clarify, the Binance CEO highlighted that the fund is not for FTX, but for other projects within the crypto ecosystem, adding that “liars or fraud never qualify as strong projects.”

As the crypto markets continue to experience turmoil, a known crypto skeptic started to blame crypto billionaires as the reason for slowing down developments in regulating the space. United States Representative Brad Sherman said that efforts by “billionaire crypto bros” in lobbying and contributing to campaigns have been successful in deterring meaningful legislation.

Meanwhile, as Cointelegraph previously reported, FTX’s former CEO Sam Bankman-Fried, three former FTX executives and Alameda Research CEO Caroline Ellison are looking for ways to flee to Dubai, United Arab Emirates (UAE). However, while the plan assumes that the UAE does not have an extradition treaty with the United States, both nations have signed a mutual assistance treaty for dealing with criminals. Open / Comment

2022-11-12 14:00:15 FLAG Token is here! FlagMedia owns CryptoTimesRegister, PRDailyWire & many other popular newspapers & magazines. FlagMediaMall connects vendors to buyers using FLAG for commerce. Less than 8 mil tokens in circulating supply - very high demand!

Join the project's listing on P2B:

https://p2pb2b.com/trade/FLAG_USDT/

https://p2pb2b.com/trade/FLAG_ETH/

More info: www.flagtoken.net/
Telegram: @flagmedia Open / Comment

2022-11-11 20:00:10 ​​Japan’s financial regulator requests FTX Japan halt operations.

Under the orders, FTX Japan will be required to suspend OTC derivatives transactions and related margins as well as new deposits from Nov. 10 to Dec. 9 unless the FSA steps in.

The Financial Services Agency, or FSA, of Japan has requested FTX Japan suspend business orders, citing the policies of FTX Trading Limited.

In a Nov. 10 announcement, the FSA said it had taken administrative actions against FTX Japan following FTX Trading Limited’s suspension of withdrawals “without explaining the reasons clearly to investors.” The financial regulator said it had issued suspension orders and business improvement orders in accordance with Japan’s Payment Services Act and Financial Instruments and Exchange Act.

“There have been reports that FTX Trading Limited is facing credit uncertainties,” said the FSA. “It is necessary to take all possible measures to prevent a situation in which the interests of creditors and investors are harmed by the outflow to affiliated companies of the company. Therefore, this situation of our company is not recognized as having the necessary system in place to properly carry out its financial obligations.”

Under the orders, FTX Japan will be required to suspend over-the-counter derivatives transactions and related margins as well as new deposits from users from Nov. 10 to Dec. 9 unless the FSA steps in. The financial regulator also ordered the exchange to hold its asset domestically over the same timeframe, properly reporting liabilities on its balance sheet.

FSA’s business improvement order requires FTX Japan to submit a plan by Nov. 16, which includes how it intends to protect investors and provide transparency on the ongoing situation with FTX:

“Until the implementation of the business improvement plan is completed, monthly progress and implementation status shall be reported in writing by the 10th of the following month.”

Formerly the Quoine Corporation, FTX Japan was launched in June by FTX to service Japanese crypto users following the acquisition of the Liquid exchange in February. FTX CEO Sam Bankman-Fried, who recently apologized for not providing transparency around the “liquidity crunch” the exchange was facing, also served as the interim CEO of FTX Japan at launch. Open / Comment

2022-11-10 18:00:11 Kii is the transactional utility token at the root of NuID’s decentralized identity ecosystem, which enables user-owned & user-controlled digital identity. Owning Kii will grant individuals access to this ecosystem, which will provide portable, frictionless, secure management and verification of digital identities.

Join the project's IEO on P2B: https://p2pb2b.com/token-sale/KII-463/

More info: nuid.io/
Twitter: twitter.com/_nuid
Telegram: https://t.me/NuID_Kii Open / Comment

2022-11-09 15:00:13 Coinbase CEO Says No Interest In Buying FTX U.S, COIN Stock Price Tanks 10%

The contagion of the FTX token collapse has spread across the entire crypto market. On Tuesday, November 8, the broader crypto market lost nearly $100 billion tanking by 10%.

The Coinbase (NASDAQ: COIN) stock also collapsed by 10% ending Tuesday’s trading session at $50.

https://coingape.com/coinbase-ceo-says-no-interest-to-buy-ftx-u-s-coin-stock-price-tanks-10/?cg Open / Comment

2022-11-08 20:00:15 ​​SEC issues subpoena to influencers promoting HEX, PulseChain and PulseX.

The SEC issued subpoena as part of the investigation, which demanded the influencers in question to produce the required documents by Nov. 15, 2022.

Over several years, social media influencers have earned a bad rep among regulators for shilling risky and unvetted tokens to millions of investors. Pursuing the crackdown on such scenarios, the U.S. Securities and Exchange Commission (SEC) reportedly issued a subpoena to influencers who were found promoting cryptocurrencies such as HEX, PulseChain and PulseX.

Swedish researcher Eric Wall shared an official letter from the SEC dated Nov. 1, which was addressed to influencers. It read:

“We believe that you may possess documents and data that are relevant to an ongoing investigation being conducted by the staff of the United States Securities and Exchange Commission.”

The letter was accompanied by a subpoena that was issued as part of the investigation, which demanded the influencers in question to produce the required documents by Nov. 15, 2022.

He further challenged the Hexians those who claimed that the subpoena was fake, stating:

“Do you accept the good advice you're given? You think you do, but do you really? Are you using secret chats with self-destruct timers? Or are you a slow learner? Is it hard for you to click buttons?”

The above tweet supports Wall’s claims. However, Wall maintains that he has no respect for the SEC and that he’s just sharing the information.

SEC chair Gary Gensler recently used examples of SEC enforcement against crypto lending firm BlockFi and a former Coinbase employee in justifying the agency’s actions on violations of U.S. securities laws while writing for the Practising Law Institute’s Annual Institute on Securities Regulation. Open / Comment

2022-11-08 17:00:09 $MRST Listing on OKX

$MRST is being listed on the top tier global exchange OKX!

MRST deposits open at 8:00 am UTC on Nov. 7
MRST/USDT, MRST/USDC Spot trading open at 9:00 am UTC on Nov. 9
MRST withdrawals open at 10:00 am UTC on Nov. 10

Spot trading as well as DEX will be available!


10,000 $MRST AIRDROP EVENT
https://gleam.io/Zxf8k/mrst-listing

Check out The Mars: Metaverse Project
https://linktr.ee/mars_labs

Join OKX:
https://okx.com/join/55599569 Open / Comment

2022-11-05 20:00:08 ​​Decentralized gaming IDs provide another avenue of interoperability in Web3.

The Lens Protocol and Laguna Games launched a new gaming ID, which connects users across multiple games.

Nonfungible token (NFT) gaming is getting a facelift. A new collaboration between Laguna Games, a Web3 research and development entertainment developer, and Lens Protocol allows players to connect across multiple gaming experiences.

These new decentralized gaming IDs will allow players to connect their profiles across Crypto Unicorn’s web and mobile NFT gaming platforms.

The Lens integration is a binder that takes profiles on its network and connects them with the avatar system behind Crypto Unicorns. This opens up new avenues for logging in to games and accessing leaderboards, along with benefits and rewards in the ecosystem.

Aron Beierschmitt, CEO and co-founder of Laguna Games, said this is a way to unsilo identity systems within gaming franchise ecosystems, adding:

“We will branch off an existing ecosystem to maximize the benefits to our player community.”

Lens Protocol founder Stani Kulechov says this integration will benefit users on both platforms, as it allows players to “move seamlessly and securely between platforms using one identity.”

In the Web3 world, interoperability is a key component of ever-expanding blockchain ecosystems, especially as they fill out with more utilities and applications.

The term interoperability is often heard in the context of maneuvering among blockchain networks. However, as Web3 applications multiply, there is a greater need for interoperability in other areas of the space, including gaming.

Gaming in the Web3 space has been heralded as a major entrance for mass adoption and as an example of utility for ownership through NFTs.

It is also one of the areas in the space that is receiving attention from investors. According to a DappRadar Q3 report, blockchain games and metaverse projects raised $1.3 billion from July to September of this year.

Recently the Web3 infrastructure firm ChainSafe raised $18.75 million as the company pivots its focus toward GameFi development. Open / Comment

2022-11-03 15:00:09 ​Do you want to really own your name?

With Waves Domains, you can have an exclusive blockchain-backed NFT name serving as a proof of ownership and giving you many advanced opportunities in the Waves ecosystem

You are presented with a unique chance to be among the first NFT name owners this Friday, November 4, as we’re initiating the auction sale at Waves Domains.

Being an early bird means that you will be able to get a hold of the most prized names, either for your own use or for making some profit later. The trend is just picking up, get in while you can!

NFT names can be used as a handle for a number of Waves services, including wallets and exchanges. No longer will your wallet address look like a random collection of numbers and characters, which simplifies incoming transactions.

Later on,the early adopters of NFT names will be introduced to governance rights granted by their NFTs

To ensure fair pricing and distribution, the sale will take the form of a Vickrey auction with sealed bids.

Make sure to join our channel to stay tuned for the final sale announcement!

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