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News related to Crypto / MIT Bitcoin Expo 2022: Breaking Through Marketing Collateral

« on: April 27, 2022, 11:03:19 AM »

2021 has been a transformative year for Bitcoin and blockchain technology as a whole. It was a year marked with many new milestones. We saw the first country to adopt Bitcoin as legal tender in the history of the world.

We had the launch of the first Bitcoin Futures ETF to trade in the United States. We also finally experienced the activation of Taproot, Bitcoin’s long-anticipated soft-fork with a focus on enhancing the network’s privacy and security.

Throughout the semester, the members of the MIT Bitcoin community had many opportunities to learn from one another about the merits and challenges of blockchain, discuss the latest trends in the space, and contemplate the future of digital money.

In our meetings this year, we have covered everything from cryptographic primitives and data structures (VDFs, Vector Commitments, Verkle Trees), to scalability (Lightning and other side chains, Rollups, etc.), to crowdfunding platforms and mechanics (Gitcoin, Quadratic Voting). As always, we held introductory sessions on cryptographic primers and specific cryptocurrencies (like Bitcoin and Ethereum) at the beginning of the semester, helping onboard new digital natives interested in learning more about the unique potential of new decentralized technologies.

The MIT Bitcoin Club is a student-run organization open to all enthusiasts. Our mission is to increase awareness about cryptocurrency, improve on its use-cases and provide an open forum where blockchain-related ideas, projects, programs, and businesses can be studied, discussed, and developed. With this goal in mind, the club has organized the MIT Bitcoin Expo — a two-day conference focused on all things blockchain — every year since 2014.

Source: https://beincrypto.com/mit-bitcoin-expo-2022-breaking-through-marketing-collateral/

News related to Crypto / NFT Game MafiaFoot Announces Ternoa Partnership For Upcoming IDO

« on: April 25, 2022, 09:54:03 PM »

MafiaFoot, an upcoming play-to-earn strategy NFT game, has secured a partnership with Ternoa to launch its upcoming IDO.

The game will provide play-to-earn mechanics and become the first game mixing Football Manager, Tycoon, and FIFA games through a blockchain-based ecosystem.

MafiaFoot is a next-generation play-to-earn blockchain game where strategy and NFTs take center stage. Players can build their ultimate football club through non-fungible tokens and manage their team all the way through.

Players generate revenue while evolving their NFT cards, winning tournaments, and managing the club’s infrastructure.

In the MafiaFoot universe, players can buy and sell original cards, build a stream capable of winning games through a strategic approach, play epic tournaments to beat competitors and earn rewards, and much more.

In-game NFTs come in five different rarities: Common, Uncommon, Rare, Epic, and Legendary.

Furthermore, MafiaFoot players can boost characters’ skills during a match and heal them if necessary. Additionally, you can create new in-game characters through the training center.

Owners can sell or loan created players to others, establishing another revenue stream. All players have 3D animations, creating a more immersive blockchain gaming environment.

The tycoon aspect of the game focuses on day-to-day club operations, including ticket sales, merchandising sales, food, and beverage stalls, staking the $MFF token, and more.

There are multiple ways to generate revenue in this play-to-earn game, which borrows elements from Sorare and Football Manager.

The addition of securing sponsorships and making lands profitable through derivative products and ancillary services ensures players have various game modes to explore.

The MafiaFoot team has secured a partnership with the Ternoa Labs team. Through this collaboration, the MafiaFoot IDO will occur on the Ternoa Launchpad, a dynamic solution prioritizing community access first.

Additionally, users looking to participate in the upcoming IDO can gain whitelist access by subscribing to the MafiaFoot website.

Joining the whitelist also makes users eligible for the upcoming airdrop and MafiaFoot’s private sale, among other benefits.

About MafiaFoot
MAFIAFOOT is a Play To Earn football club management game that integrates a strong TYCOON part. Generate revenues while evolving your NFT cards, winning tournaments, and managing your club’s infrastructures!

Source: https://beincrypto.com/nft-game-mafiafoot-announces-ternoa-partnership-for-upcoming-ido/

News related to Crypto / Binance Trading Volume Soars More than $440 Billion in Quarterly High

« on: April 25, 2022, 09:49:19 PM »

Despite a market that has seen the prices of thousands of cryptocurrencies plunge to new lows, Binance recorded more trading volume in the first quarter of 2022 than in the same period in 2021.

According to Be[In]Crypto Research, the trading volume of the biggest cryptocurrency exchange in the space during the first quarter of the year was approximately $5.54 trillion.

This was an 8% increase in the trading volume recorded between Jan and March 2021 – around $5.09 trillion.

What caused the Binance spike?
An increase in the number of cryptocurrencies supported by Binance is the primary reason for the increase in trading volume.

These include ApeCoin (APE) (launched in March 2022), and others such as Bitcoin (BTC), Ethereum (ETH), Terra (LUNA), Fantom (FTM), and GMT Token (GMT) paired against USDT and BUSD.

Binance has four times the spot trading volume of its nearest competitor on a typical day.

To understand the trading pattern of investors, we need to examine the monthly trading volumes of the first quarters of 2021 and 2022.

In Jan 2021, the trading volume was approximately $1.42 trillion with a single-day high of $86.81 billion. In Jan 2022, the trading volume was around $1.93 trillion and had a single-day high of $106.55 billion.

While in Feb 2021, the trading volume was in the region of $1.82 trillion with a single-day high of $126.26 billion. In Febr 2022, it was approximately $1.71 trillion with a single-day high of $127.92 billion.

And in March 2021, the trading volume reached $1.85 trillion with a single-day high of $77.92 billion. By March 2022, it was in the region of $1.90 trillion, reaching a single-day high of $96.47 billion.

Source: https://beincrypto.com/binance-trading-volume-soars-more-than-440-billion-in-quarterly-high/

News related to Crypto / Mexico to Launch CBDC by 2025, Says Bank Governor

« on: April 24, 2022, 10:08:55 PM »

Mexico’s Central Bank governor announced before the Mexican Senate, that a CBDC Rollout is expected by 2025.

Victoria Rodriguez, the central bank governor, says that the new sovereign digital currency will introduce more citizens to formal banking. “The digital currency seeks to generate means of payments aimed at financial inclusion, expand options for fast, secure, efficient, and interoperable payments in the economy, and implement complementary functionalities to the (existing) means of payment, such as automation mechanisms, programmability, and innovation,” she said. The central-bank-issued currency would not replace physical notes, but would instead expand the current utility of the country’s currency.

According to Statista, only 38.4% of the Mexican population has a bank account. As the Wall Street Journal reported, the economy depends significantly on paper money for most transactions, which occur in the informal sector of the economy. The informal sector accounted for 22% of the Gross Domestic Product of Mexico in 2020.

The new announcement also indicates that the central bank has become more open to the possibility of regulating digital currencies, according to Rodriguez, with the primary goal of protecting transacting citizens. “[Several] central bank groups, in which Banxico participates, are reviewing this issue [of regulation] so as to further protect those participating in the financial system.”

Source: https://beincrypto.com/mexico-to-launch-cbdc-by-2025-says-bank-governor/

News related to Crypto / Grayscale Says a Lawsuit Against SEC Possible If ETF Application Rejected

« on: April 24, 2022, 10:02:27 PM »

With the SEC’s recent approval of Teucrium’s bitcoin ETF application, Grayscale lawyers are turning up the heat against the regulatory watchdog, by lobbying for early conversion of its pending ETF application, citing inconsistencies in the SEC’s list of approvals.

Lawyers representing the world’s largest digital asset manager have sent a letter to the SEC, arguing that its bitcoin spot ETF is no different from a Teucrium bitcoin futures ETF, approved earlier this month.

“We believe that the Teucrium order confirms the fundamental point made in our November 29, 2021 letter…[w]hen it comes to approving ETPs, there is not a basis for treating spot bitcoin products differently from Bitcoin futures products,” reads a letter from Davis Pol & Wardwell.

The November 2021 letter also challenges the notions of fraud and market manipulation offered by SEC chair Gary Gensler, saying that the SEC has never been able to prove a difference between market manipulation risk in the futures market and the spot market.

“If anything, derivatives markets present additional opportunities for manipulation on top of spot markets, which is why the derivatives markets have an additional layer of federal regulation, to begin with,” the letter reads.

Currently, Gensler has held off on approving spot ETFs, as be believes the bitcoin markets are ripe for manipulation and abuse. In his letter, he said that both spot and futures-based Bitcoin products “face exposure to the same underlying Bitcoin market, any fraud or manipulation in the underlying market will affect both products in the same way.”

Source: https://beincrypto.com/grayscale-says-lawsuit-in-sec-future-if-application-rejected/

News related to Crypto / South Korean Exchange Faces New Regulatory Scrutiny

« on: April 20, 2022, 11:12:55 PM »

The Korea Fair Trade Commission (KFTC) is considering bringing the operator of South Korea’s largest exchange, Upbit, under “large business” regulations.

The Korea Herald reported that Dunamu’s reclassification as a large business will likely bring Upbit under more stringent government regulations.

Dunamu owns and operates Upbit among other investment platforms. The operator came under review during KFTC’s annual assessment for businesses with total assets over 5 trillion won ($4.03 billion).

Additional regulations would include disclosing information on major intracompany dealings, board decisions and shareholders, along with disclosing conflict that could provide “unfair” benefits to related parties, the local report underlined.

Sources to the paper revealed that the KFTC can likely group Dunamu as a “non-financial business,” further stating customer deposits with Upbit as the firm’s own assets. Currently, the KFTC does not classify crypto companies and services firms as financial businesses.

The Monopoly Regulation and Fair Trade Act also defines conditions for large businesses to promote competition in markets. Currently, the top five exchanges including Upbit, Bithumb, Coinone, Korbit, and Gopax are dominating the crypto market.

Source: https://beincrypto.com/south-korea-exchange-faces-new-regulatory-scrutiny/

News related to Crypto / WAM Hackathon Gathers 2,400 Attendees, Completes PoC for Uncensorable Wikipedia

« on: April 20, 2022, 11:05:44 PM »

From March 1-21, Swarm, a blockchain protocol for decentralized storage and communication, in collaboration with Fair Data Society (FDS), held the ‘We Are Millions’ Web3 hackathon.

During these three weeks, the event gathered 2400 artists, gamers, developers, activists, and members of the crypto community from 40 countries to explore the vision of a sovereign digital society and bring over the new, fairer web.

With FDS and Ethersphere as its key sponsors, “We Are Millions” has partnered with Nordic Game, one of Europe’s leading gaming platforms, Kiwix, an offline reader for online content like Wikipedia, Project Gutenberg, or TED Talks, and Gitcoin, a platform where coders and developers can get paid to work on open-source software in a wide variety of programming languages. BeInCrypto acted as the main media partner and moderator of the event.

Seventy two presenters, including Viktor Tron (Swarm), Daan Archer (Copyright Delta), and Erik Beijnoff (former Spotify Browse) shared their expertise on Web3-related topics, including arts, gaming, development, and politics. In total, 957 total hours of talks were watched by the participants on YouTube and Zoom, 854 NFTs were dropped, and 20 bounties, including novel proof-of-concept (PoC), were held during the hackathon.

As one of the key highlights of the event, Kiwix and Swarm joined forces to develop a PoC for uncensorable content, which would be leveraged to create a decentralized version of Wikipedia. It was done via bounties, which are available on the GitHub. There were two bounties for uploading and searching, with several repositories (submissions) inside each, including very elaborate ones like BeeZim. The winners were announced on March 21

Source: https://beincrypto.com/wam-hackathon-gathers-2400-attendees-completes-poc-for-uncensorable-wikipedia/

News related to Crypto / Luxury Car Company in Singapore Starts Accepting Crypto Payments

« on: April 20, 2022, 10:57:19 PM »

Singaporean luxury car distributor, EuroSports Global, has started accepting cryptocurrency payments for Lamborghini and Alfa Romeo motor-vehicles.

EuroSports has partnered with digital payments’ company, Fomo Pay, to accept payments for their vehicles in BTC, ETH, USDT, and USDC. The company feels the need to satisfy “the growing demand for flexible and easy-to-use crypto payments” while using crypto to lower transaction fees and simplify international transactions.

Fomo Pay CEO Louis Liu said that the firm received a digital token payment license from the MAS in September 2021. The firm provides intermediary services for 2Tone Vintage, a merchant specializing in vintage high-end watches, and Luxehouze, a prominent marketplace for luxury items in the Asian region.

In enlisting Fomo Pay, 2Tone Vintage hopes to attract new clients, while Luxehouze is looking to avoid forex fluctuations.

Despite warnings from the Monetary Authority of Singapore that crypto trading is risky, many merchants in the region are now accepting cryptocurrency for payments. Sherry Goh, country manager for Singapore at London-headquartered crypto exchange Luno, said, “Singapore is one of Luno’s key markets, given its reputation as a global financial hub with a progressive business environment. We witnessed more than 40 percent year-on-year growth in our customer base between March 2021 and February 2022.”

Source: https://beincrypto.com/luxury-car-company-in-singapore-starts-accepting-crypto-payments/

News related to Crypto / Australia’s Largest Bank Falls Victim to Crypto News Scam

« on: April 19, 2022, 09:53:53 PM »

The largest lender in Australia has warned that a story claiming that it has partnered with a cryptocurrency trading platform is false.

The Commonwealth Bank of Australia (CBA) issued a statement that urged users to disregard reports that the bank had entered into a partnership with a trading platform.

The “article” purports to be a story on the Australian Broadcasting Corporation (ABC) website, but closer scrutiny shows the website is a funnel to redirect users to the scammer’s website.

“Commonwealth Bank has become aware of a fake news article circulating on social media, including Facebook, alleging the bank partnered with a cryptocurrency trading platform to encourage people to invest in crypto assets. This is totally false and untrue,” reads the warning.

The bank revealed that it has urged social media publishers to take down the article and has gone a step further to file a formal complaint with authorities.

Source: https://beincrypto.com/australia-largest-bank-falls-victim-to-crypto-news-scam/

News related to Crypto / Will FitFi Become the Next New Big Thing in Tokenized Earnings?

« on: April 19, 2022, 12:41:47 AM »

The Fi suffix in Decentralized Finance (DeFi) has already joined with gaming to create GameFi, and social media to produce SocialFi. Could fitness be next, with FitFi emerging as the next new frontier in tokenized earning?

While the fruits of DeFi are reaped by farming, FitFi employs a basic move-to-earn model, incentivizing users to get out of the house and earn tokens by becoming more active.

The frontrunner of the FitFi trend is StepN, “a web 3 lifestyle app with social-fi and game-fi elements.” StepN players can make “handsome earnings” for simply walking, jogging, or running outdoors.

With the benefit of its first-mover advantage, StepN has already captured a significant user base. In an interview, StepN revealed it has around 100,000 daily active users, and around 500,000 monthly active users. Its social media channels are popular too, with around 260,000 followers on Twitter.

The native token of StepN, GMT, is demonstrating strong growth. Currently, on Solana only, StepN has plans to take GMT to BNB Smart Chain (BSC) in the near future and ETH in the longer term.

GMT has a $1.3 billion market cap with a token price of $2.27, up 2,000% in a little over a month.

The FitFi hype train has started to roll and imitators are already running to hitch a ride.

Source: https://beincrypto.com/will-fitfi-become-the-next-new-big-thing-in-tokenized-earnings/

News related to Crypto / MetaMask Issues Warnings to iCloud Users After $650K Phishing Attack

« on: April 19, 2022, 12:38:20 AM »

MetaMask has issued a warning to users of iPhone, Mac, and iPad devices of a phishing attack strategy after a user reported losing $650,000.

The threat particularly concerns devices that have automatic backups to iCloud, which is often a default setting.

Some users save their seed phrases on iCloud and run the risk of being compromised in the eventuality of an attacker discovering their password.

“If you have enabled iCloud backup for app data, this will include your password-encrypted MetaMask vault. If your password isn’t strong enough, and someone phishes your iCloud credentials, this can mean stolen funds,” reads the warning from MetaMask.

The warning also came with tips on how users can protect themselves from the threat. The easiest method is for users to disable iCloud backups by navigating to settings and making the necessary changes on the backups menu.

Source: https://beincrypto.com/metamask-issues-warnings-to-icloud-users-after-650k-phishing-attack/

News related to Crypto / Bitcoin Core Devs Optimistic, Despite Low Taproot Adoption

« on: April 17, 2022, 09:42:43 PM »

Despite bitcoin’s Taproot activation in November 2021, data available from transactionfee.info indicates that only approximately 0.37 percent of all Bitcoin transactions use Taproot, as opposed to 85% for the Segregated Witness upgrade which was activated in August 2017.

The Taproot upgrade to the Bitcoin Core was activated in November 2021, promising a plethora of new features such as greater privacy, support for multi-signature transactions, and making Lightning nodes appear like Bitcoin transactions.

Despite only having a 0.37 percent share of all transactions, bitcoin developers aren’t concerned, citing similar adoption rates of bitcoin’s previous Segregated Witness upgrade, which increased steadily after launch. Currently, the adoption rate sits at 85 percent.

SegWit, which was proposed by Pieter Wiulle back in 2015, changes the data storage structure during Bitcoin transactions. SegWit updates address the Bitcoin scaling issue, allowing for more transactions to be included in each block. Ultimately, this makes Bitcoin more suitable for large volumes of transactions.

However, SegWit’s primary purpose was to fix “transaction malleability,” a bug that could cause transactions to be reopened, where bad actors could alter the transaction ID and hash. Within four months of its activation, Segwit transactions saw an uptick of 16 percent.

Source: https://beincrypto.com/bitcoin-core-devs-optimistic-despite-low-taproot-adoption/

News related to Crypto / An open invitation for women to join the Web3 movement

« on: April 17, 2022, 09:32:06 PM »

Traditional investing is overwhelmingly dominated by men, but Web3 is a blank slate. With more women coming into the fold, we can break the narrative of exclusivity.

There’s no denying the current narrative about Web3: it’s a boys club. And, if we keep affirming this narrative, it’s bound to come true. The truth of crypto as a boys club won’t just be detrimental to women — it’ll be detrimental to the entire promise and growth of Web3.

Web3 is not an exclusive club designed to keep people out. It's a rising-tide-lifts-all-boats party that gets better every time someone new joins. The more people involved, the better the outcomes for everyone.

My introduction to crypto came early: It was 2013, and I’d been invited to a small get-together at SXSW in Austin to debate tech and trends — specifically, Bitcoin (BTC). I was the only woman in that group. Many of us knew nothing about Bitcoin, but over the course of the evening, we were invited to get educated. At the time, Bitcoin was trading for $35. Some of us invested that night, others a few weeks later. I waited until the end of the year and bought into the movement at $841 a coin. That decision to jump in has shaped my life considerably. Today, Bitcoin is trading at around $40,000 a coin.

Source: https://cointelegraph.com/news/an-open-invitation-for-women-to-join-the-web3-movement

News related to Crypto / NBA Launches Initiative Dedicated to Web3, Metaverse, and NFT Collectibles

« on: April 17, 2022, 12:18:49 AM »

This week, the National Basketball Association (NBA) announced the launch of its own non-fungible token (NFT) initiative called “NBAxNFT.” According to the professional basketball league, the goal is to showcase “all things intersecting basketball and Web3, including NFTs, gaming, and the metaverse.”

Professional Basketball and Web3 Collide
Following the popular collection NBA Top Shot and the upcoming Golden State Warriors 2022 Playoff responsive NFT collection, the NBA has started NBAxNFT, which currently consists of a Twitter account and Discord channel.
NBAxNFT is being called the “official Web3 home for the NBA,” and the project aims to combine all things basketball with NFTs, gaming, metaverse, and Web3 ideas.
“Thanks to all who have followed,” the initiative’s official Twitter account explains. “If you’re new here, we’re excited to use this space to share all things NBA basketball and Web3. Looking forward to engaging with our community and partners like NBA Top Shot.”
In terms of all-time sales of NFT collections, the Dapper Labs’ NBA Top Shot NFT collection holds the ninth position, in terms of all-time sales volume. To date, NBA Top Shot has seen an aggregate of 16,006,548 sales which equates to $885.6 million since the NFT’s inception.
The recently launched Discord channel has more than 35,000 members at the time of writing and according to the NBA, 2022 Playoff NFTs will be released this weekend.
“We’re showcasing all things intersecting basketball and web3, including NFTs, gaming, and the metaverse,” the NBAxNFT Twitter account detailed when it first launched the Web3 initiative.

Four days ago, the NBA’s Golden State Warriors announced the launch of a 2022 Playoff responsive NFT collection.

At press time, it has not been disclosed by the NBA whether or not Dapper Labs or the Flow blockchain will be involved, despite mentioning the company in a tweet about partners. Discussions stemming from the NBA’s Discord channel hint at the upcoming NFT drop being issued on Ethereum.

Source: https://news.bitcoin.com/nba-launches-initiative-dedicated-to-web3-metaverse-and-nft-collectibles/

Kripto Para Türkçe Forumları (Turkish) / NFT Soccer Games (NFSG)

« on: April 09, 2022, 01:11:14 AM »

NFT Soccer Games, turnuvalarda rakiplerinizi eleyerek en üst kademelere ulaşabileceğiniz, rakiplerinizi alt ederek NFSG Token kazanabileceğiniz ve arkadaşlarınızla birlikte dostluk maçlarına çıkabileceğiniz tarayıcı tabanlı, Play-to-Earn çevrimiçi futbol menajerlik oyunudur.

Maçları rakiplerine karşı kazanmak isteyenler oyuncular, taktiksel düşünce yapısını ön planda tutmalıdır. Oyuncuların taktiksel olarak yapacağı hamleler ile maçın kaderini şans faktöründen daha çok taktiksel hamleler belirleyecektir. Oyuncular maça çıkmadan önce rakiplerini iyi analiz etmeli ve onlara karşı hamlelerini hazırlamalıdır.

NFT Soccer Games oyuncular için 11.000 adet NFT üretmiştir ve bu zamana kadar 2647 adet NFT satılmıştır. NFT’lerin fiyatları mint adetine göre periyodik olarak artış göstermektedir ve bu nedenle karakterlerin değeri uzun vadede artış gösterecektir.

NFT Soccer Games, mint başına 10 NFSG token vermektedir ve bu tokenlar ile ücretsiz bir şekilde antreman sahası satın alabilirsiniz. Antreman sahası satın alan oyuncular karakterlerini antremana yollayabilir ve karakterin nadirliğine göre oluşan başarı oranına sahip antremanların sonunda stat bonusu ve NFSG token kazanabilirsiniz.

NFT Soccer Games en az 1 karakter ile oynanabilir. Bu karakter yukarda belirtmiş olduğumuz gibi antremanlara yollanabilir ve NFSG token kazanılabilir.

Turnuvalara katılmak isteyen oyuncular ise en az 11, Deathmatch’lere katılmak isteyen oyuncular ise en az 5 kişilik kadro kurmalıdır.

Turnuvalara katılmak isteyen oyuncular giriş için belirlenecek olan giriş ücretlerini yatırdıktan sonra turnuva sonunda oyuncular galibiyet oranlarına göre rozetler, kupalar ve NFSG token ile ödüllendirilecektir.

NFT Soccer Games ayriyeten kullanıcılara gelecek güncellemeler ile farm opsiyonları, turnuvalar, ligler, oyuncu kiralama, oyun içi giyilebilir eşyalar ve turnuvaya veya maçlarda kullanabilecek “uzun vuruş, kartal vuruşu” gibi özel yetenekler getirmeyi planlamaktadırlar.

Kaynak: https://avagraphs.com/nft-soccer-games-nfsg-nedir/

Arkadaşlar, bu projeyi daha önce duydunuz mu yorumlarınız neler? Benim ilgimi çekti CM 03-04'ü az mı oynardık.