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Showing posts from August, 2023

Nifty News: Walmart steps into the Metaverse, @NFT founder hacked and more

AC Milan partners with Solana blockchain-based football game MonkeyLeague, while Pixelmon attempts a comeback after poor reception to its NFT collection in February. American retail giant Walmart has taken its first steps into the Metaverse with the launch of Walmart Land and Walmart's Universe of Play on Roblox. According to the company's Monday announcement, Walmart Land focuses on "immersive experiences" with key Features including a physics-defying Ferris wheel, unlockable tokens and badges, an interactive piano walkway and a D.J. booth for users. See Walmart like never before Walmart Land is our new world on #ROBLOX with fun & games for all. From film to fashion — whatever you’re into, let’s have some fun with it. Come for the inspo, stay for the verch & live performances. Let’s go! https://t.co/leZ4CITCjN pic.twitter.com/4r26MHHk5i — Walmart (@Walmart) September 26, 2022 Products from Lottie London, Bubble, UOMA by Sharon C and other brands will als

PayPal's PYUSD Live On Coinbase; But There’s A Catch

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The entire crypto industry and Governments around the world have had their divided set of opinions on PayPal ’s stablecoin. However, the people’s views did not hinder the pace with which PYUSD has listed across various exchanges and the growing number of trading pairs. Even though PYUSD-USD got successfully listed on the Coinbase exchange, the listing has a catch. Coinbase had been active in guiding its community through the entire listing process. advertisement Also Read: XRP Lawyer Deaton And Top Analyst Predict Binance And Coinbase’s Win Against US SEC The Build Up To PYUSD Lisitng On Coinbase. Coinbase’s official X (Twitter) accounts have  posted  about listing the PYUSD-USD pair for the last few days. However, today, the exchange posted about the auction mode for PYUSD-USD. The post read, “Customers can post limit orders and view the resulting indicative open price. The books will be in auction mode for a minimum of 10 minutes, during which no matches will o

Grizzlyfi Collaboration with BiSwap, Grizzlyfi is a Liquidity Mining platform that allows you to generate a predictable income on your crypto assets.

Grizzlyfi provides investing in the best opportunities in the DeFi space by making Liquidity Mining accessible. As Grizzlyfi announced its Collaboration with BiSwap. Grizzlyfi platform offers:   One click Invest  Optimized Returns  Hub of Liquidity Mining & more Explore GHNY Utilities on the Grizzlyfi Platform! You can stake their GHNY to earn even more GHNY and some extra BNB on the Grizzlyfi Honeypot. GHNY token provides you with a right to vote on important changes of the platform Grizzlyfi regularly buy-back the GHNY token on the open market, thus creating constant buy-side pressure. Tokens only get minted when profits are generated on the platform. GHNY is Officially Listed on Biswap | Enjoy GHNY-BUSD Trading Pair! Grizzly Honey (GHNY) is a native token of the Grizzlyfi with many utilities. It serves as a reward, revenue-share and governance token of the platform. GHNY token is officially listed on Biswap under the GHNY-BUSD trading pair! You can exchange GHNY

Port3 Network Partnership with 0xScope

Port3 Network Partnership with 0xScope, the first Web3 knowledge graph protocol that solves the problem that Web3 data analyzes addresses. 0xScope’s address clustering algorithm can dig deep into the underlying logic of social data, and 0xScope will join hands with port3 to continue to explore the multifaceted data of the social graph to provide users with more valuable event marketing scenarios. As Port3 Network announced its Partnership with 0xScope They’ll be cooperating in the following aspects: API integration for more valuable insights Entity-level social user behavior analysis report Cooperation in daily marketing activities ­ About Port3 Port3  is the fastest growing Web3 gateway to Social Insights. Currently we leverage over 4.5 million users across IM & Social Media with an average WAU of 29k. Port3 aggregates and standardizes both off-chain and on-chain data to build a Social Data Layer that is universally accessible and powerful for Web3 use cases. They are building 3 P

Trump NFTs back in demand, SEC says NFT sales are unregistered securities: Nifty Newsletter

Trump NFT prices spiked after the former U.S. president’s mugshot in police custody was released. ​​Welcome to the latest edition of Cointelegraph’s Nifty Newsletter. Keep reading to stay up-to-date with the latest stories on nonfungible tokens. Every Wednesday, the Nifty Newsletter informs and inspires you to dig deeper into the latest NFT trends and insights. In this week’s newsletter, the United States Securities and Exchange Commission (SEC) registered its first un registered securities sales claim against nonfungible token (NFT) offerings. An OpenSea manager accused of insider trading was sentenced to three months in prison and fined $50,000, and Trump NFT prices shot up after the former U.S. president’s mugshot went viral . SEC charges podcaster in first unregistered securities sales claim against NFT offering The SEC has charged a media and entertainment company with conducting un registered securities sales when it sold NFTs to investors between October and December 20

AI Startups in Blockchain Analytics Raise Privacy Concerns: Forbes

Forbes recently released a report discussing the utilization of artificial intelligence and natural language processing to scrutinize large quantities of financial information has amplified the urgency of privacy apprehensions. The article mentioned that AI startups like Blocktrace, Arkham, and Nansen are developing blockchain analytics tools, with Blocktrace’s AI chatbot, Robby the Robot, being a noteworthy example. Users can ask questions in natural language and receive responses based on Bitcoin blockchain data. Moreover, startups employ AI chatbots and NLP technology to simplify blockchain transaction tracking and Analysis , but the widespread availability of these services increases the risk of exposing user information. To safeguard privacy, shielded transactions should be a priority in this evolving landscape, as demonstrated by the case of Venmo transactions being publicly searchable via AI. Additionally, The popularity of AI-based cryptocurrency projects such a

Iris Energy buys 248 Nvidia GPUs worth $10M for generative AI & Bitcoin mining

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Iris Energy has invested $10 million in the latest generation Nvidia GPUs to explore generative AI while it continues to focus on Bitcoin mining. Nasdaq-listed Iris Energy has bought 248 state of the art Nvidia H100 GPUs for $10 million as it looks to explore opportunities in generative AI in addition to its core business focus on Bitcoin mining. The firm expects to receive delivery of the 248 GPUs in the coming months and plans to deploy the hardware to serve opportunities in cloud computing. Iris Energy co-founder and co-CEO Daniel Roberts said the company was looking to leverage its existing data centers into serving generative AI computing requirements. “We believe demand for sustainable computing is unlikely to go away, and feel we are uniquely positioned to capture ongoing growth in the broader industry; whether that be ASICs for Bitcoin mining, or GPUs for generative AI and beyond.” Iris Energy operates in regions that have an abundance of renewable energy including wind, sol

APAC Ranks First On Global List of Regions Interested In NFT

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APAC Countries Topping the Charts As earlier stated, the Google Trends data shows China leading the charge with the highest number of such searches, and a Google search index of 100 points. Singapore then follows, with an index of 67, then Hong Kong coming in as third with 62 points. Other top countries who had substantial interest in the term “NFT” and searched about it included the likes of the Philippines, Venezuela, Canada, Australia, Cyprus, the United States, and New Zealand were also curious about the term “NFT” and did search for it. advertisement Although, China ranking first in the  research might not be a total surprise as it is arguably the most populous nation in the Asia-Pacific. However, the ranking might also be linked with moving into NFTs as an alternative since the country’s latest major crypto crackdown. Why NFTs Continue Gaining Popularity According to a contributor at Bankless Times publication, Khashayar Abbasi, investors who ar

S.Korean Banks Discuss Real-Name Accounts, Impose New Crypto Limits

South Korean banks and exchanges discuss standardizing real-name accounts. The daily deposit limit for non-face-to-face bank accounts for virtual assets is reduced to 5 million won. Measures will be enforced to strengthen oversight and prevent money laundering. According to a local report, South Korean banks and crypto exchanges convened on Wednesday, June 14, to hold private discussions regarding the standardization of real-name accounts and the implementation of tighter regulations. As a result, a significant reduction in the daily deposit limit for non-face-to-face bank accounts used for virtual asset investments was implemented. While the current daily deposit limit for such accounts is 10 million won, or around $7,800, the consensus reached during the meeting suggests reducing the limit by half to 5 million won. On the other hand, customers who complete the necessary identity verification and provide written oaths will retain the existing deposit limits

Hong Kong Fuels Fintech Rise with HashKey Exchange Debut

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Significantly, this move follows a broader strategic push by the city to become a central node in the burgeoning digital asset universe. Besides the immediate implications for retail traders, this decision has more profound ramifications for the city’s fintech landscape.  advertisement BREAKING: Hong Kong officially launches its first trading platform for Bitcoin and crypto. — Whale (@WhaleChart) August 28, 2023 Recommended Articles Crypto Presale Projects For 2023 To Invest; Updated List Must Read Best Crypto Trading Bots List 2023 Must Read Top Crypto Marketing Firms / Agencies 2023; Here’s Best Picks [Updated] Must Read

Is the SEC a bad cop? CoinRoutes CEO Dave Weisberger breaks down crypto regulation in the US

Weisberger believes the structure of the Securities and Exchange Commission needs to change but that politicians are reluctant to do so because of their power within the current state of affairs. On Episode 27 of Hashing It Out, CoinRoutes CEO Dave Weisberger joins host Elisha Owusu Akyaw (also known as GhCryptoGuy) to discuss the current state of cryptocurrency regulation in the United States. Weisberger explains how the U.S. Securities and Exchange Commission (SEC) and Commodity Futures Trading Commission (CFTC) approach regulations and what they mean for the fast-evolving cryptocurrency space. Weisberger addresses the state of regulation at the start of the podcast. According to him, the problem in the United States stems from a lack of clear regulation s and rules, leading to regulators arbitrarily applying different rules. Weisberger adds that the issue stems from the existence of two different regulators — the SEC and CFTC — which have different roles in the financial system

Staked ETH liquidity provider, Lido, slips while traders explore Borroe

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The decentralized finance (defi) landscape remains volatile as top defi projects vie for dominance gauged by total value locked (TVL) and investors scout for projects to get exposure in. Lido Finance’s declining TVL continues to be a source of concern. This paved the way for Borroe, a project attracting investors in ongoing presale.  Lido slips, Investors looking at Borroe Lido, a liquidity staking provider in Ethereum, is a prominent player in defi.  You might also like: Reasons why investors are watching Borroe in August 2023 However, its TVL, a metric showing the amount of assets locked in a protocol, has been contracting.  This dip can be attributed to various factors, including market sentiment, yield farming opportunities, and disruptions caused by new entrants. Borroe presale The demand in the ongoing Borroe presale is driven by the platform’s approach of combining artificial intelligence (AI) and defi.  Over $250,000 was raised in just five days. You m

Wen moon? Bitcoin halving cycle hints at Q4 as smart money 'buys the rumor'

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Bitcoin miners and "smart money" are the investor cohorts to watch when it comes to late 2023 BTC price action, says Filbfilb. Bitcoin (BTC) is “much more likely” to stay rangebound until at least Q4, 2023, according to longtime market participant Filbfilb. In an X thread on Aug. 25, the popular analyst and co-founder of trading suite Decentrader told readers to expect flat BTC price action into year end. Filbfilb: BTC price approaching "critical time" Bitcoin may be disappointing bulls after its 70% Q1 gains, but for Filbfilb, there is little about BTC price action this halving cycle that is different to its previous ones. “Bitcoin is 1200 days since the previous halving. During this period, Bitcoin has historically consolidated,” he explained. Uploading various comparative charts, Filbfilb predicted that miners should begin to bid price higher into the Bitcoin halving — with this occurring around 1,276 days after each prior halving . “Miners are incentivized to

Shiba Inu: Shibarium Attracting New Users to the SHIB Ecosystem

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The Shiba Inu (SHIB) ecosystem continues to attract new users after the Shibarium debut, despite the launch not going as smoothly as planned. In the last 24 hours, the total number of SHIB holders has increased by 1000. Currently, there are 2,418,287 holders, as per the data on CryptEye. Furthermore, the total number of Shiba Inu (SHIB) wallets has crossed 10 million, as per the data on Puppyscan. Moreover, the layer-2 network has registered 160 million compute units and a deposit of 1000 Ethereum (ETH) and 600,000 ShibaSwap Bone (BONE) tokens. The increase in users also corresponds to SHIB’s price rallying on the daily charts. Earlier today, the popular dog-themed crypto was the third-best performing crypto among the top 100 projects. However, the rally has since subsided. Also Read: Shiba Inu Is Currently the 3rd Best Performing Among the Top 100 Additionally, Shibarium has seen a significant increase in BONE staking. Over 7.5 million BONE have been staked on the network

BONE Price Soars 15% As Shibarium Mainnet Goes Live Again

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Shibarium Mainnet Is Live Again CoinGape Media reported that Shibarium is almost ready to reopen to the public today. Shiba Inu official Lucie hinted that Shibarium is producing blocks and working fine and just needs to be made public. advertisement A few moments later, Shibariumscan.io explorer started showing block productions and transactions. Shytoshi Kusama promised to scale Shibarium by 1500% to improve security, stability, and decentralization. Shibarium has a new monitoring system and additional fail-safe mechanism including rate limiting at the RPC level and auto server reset. # Shibarium ’s 𝐌𝐀𝐈𝐍𝐍𝐄𝐓 is live! ✅️ pic.twitter.com/OnrduRZosx — SHIB HODLER (@ShibaInuHodler) August 24, 2023 Recommended Articles Crypto Presale Projects For 2023 To Invest; Updated List Must Read