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Topics - Magepai

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16
NFTs & Collectibles / EBay Snaps Up NFT Marketplace KnownOrigin
« on: June 23, 2022, 02:19:10 AM »
One of the first NFT marketplaces, KnownOrigin has generated almost $8 million since launching in 2018. EBay and KnownOrigin announced in a joint statement today that the e-commerce giant has acquired the NFT marketplace for an undisclosed sum.

CEO Jamie Iannone said last year that his company was exploring crypto payments and looking at NFTs, which became available on eBay in May 2021.more

17
Web3 startup Luda is focused on “create-to-own” experiences through new IP shaped by DAO communities, starting with Neo Fairies. For nearly two decades in total, Shannon Studstill was part of the PlayStation juggernaut as a co-founder of Sony’s Santa Monica Studio. She was lead producer on 2005’s smash “God of War” and worked on numerous other titles, and later served as executive producer on 2018’s acclaimed “God of War” reboot.

But after all that time overseeing ever-larger #DevelopmentTeam s working on increasingly massive AAA video games—plus a brief stint on Google’s Stadia team—she now aims to work with thousands or potentially millions of people to develop new entertainment franchises via decentralized autonomous organizations (DAOs) on Solana.more

18
The user-generated art website is launching a web-wide protocol designed to head off NFT piracy. With more than 70 million registered users, and half a billion pieces of art uploaded every month, DeviantArt is the internet’s front door to artwork. “Literally every second on DeviantArt, there is more than one piece of art being submitted,” says Moti Levy, the site’s CEO.

“For the last 20 years, we’ve been serving the creator community, and evolving together with the creator community,” Moti adds. “We’ve created the publishing capabilities, the monetization capabilities, curation and collection capabilities, and creating communities within the community.more

19
Stepn lets users earn crypto for exercising—giving them real returns for walking, jogging or running. But gameplay is complicated. Stepn is the evolution of two concepts that have been gaining traction for several years now: the augmented reality (AR) game and play-to-earn gaming.

AR games typically feature a virtual world overlaid onto the real one. The concept properly took off in 2015 with Pokemon Go, which scattered virtual Pokemon across a real life map of the world and let users track and collect them via GPS.more

20
Billionaire Tesla CEO Elon Musk expanded on his plans for Twitter, including crypto payments, in a leaked Q&A session with employees. Elon Musk shared further details of his plans for how crypto could be used on Twitter in a leaked Q&A session with employees of the social media company.

Per a transcript of the meeting released by Vox, the billionaire Tesla CEO expounded on how payments, including crypto, are a "critical area" for Twitter, and highlighted the ongoing issue of crypto scams on the social media platform.more

21
In an effort to reduce exposure to Celsius, MakerDAO has disabled DAI loans using stETH as collateral through the Direct Deposit Module.
MakerDAO, the organization behind the DAI stablecoin, is set to disable the Direct Deposit Module (D3M) for DeFi lending platform Aave later today.

“The Maker Governance has voted to temporarily disable the Aave DAI Direct Deposit Module” tweeted MakerDAO. The governance proposal, put forward earlier this week, invited the community to vote on temporarily disabling D3M for Aave, in order to reduce Maker’s exposure to embattled crypto lending platform Celsius.more

22
The former hedge fund manager and convicted fraudster created his DEX in order to be a “thorn in [Uniswap creator Hayden Adams’s] side.”Controversial former hedge fund manager and convicted felon Martin Shkreli is shedding his ‘Pharma bro’ moniker and becoming a crypto bro with the launch of a decentralized exchange (DEX) called Albumswap.

According to a press release, Shkreli’s new decentralized finance (DeFi) platform will be serviced by a native utility token called $MS, which can be purchased on his new website for a dollar.more

23
আমাদের সবারই কিন্তু জানা রয়েছে ক্রিপ্টোকারেন্সি তে সবসময়ই মার্কেট আপডাউন করে। কিন্তু হঠাৎ করেই ক্রিপ্টোকারেন্সি মার্কেট এতটা ডাম্পিং হওয়ার কারণ কি??
আমি মনে করি ক্রিপ্টোকারেন্সি মার্কেট পুনরায় বৃদ্ধি পাবে কারণ দেখতে পেলাম ইলন মাস্ক তিনি আবারও ঘোষণা দিয়েছেন যে তার সকল পণ্যের ক্ষেত্রে ক্রিপ্টোকারেন্সি লেনদেন গ্রহণযোগ্যতা দিয়েছে। এজন্য আমি মনে করি অবশ্যই ক্রিপ্টোকারেন্সি মার্কেট পাম্পিং করবে।
আপনাদের কি মনে হয় ক্রিপ্টোকারেন্সি মার্কেট কি আবারো পাম্পিং করতে পারবে এবং পুনরায় সকল রেকর্ড আবারো ভাঙতে পারবে??

24
The investment bank has its eyes on ETH 2.0 and what it means for the crypto industry. JP Morgan, one of the world’s biggest investment banks and previously one that was skeptical of the cryptocurrency industry, has said it believes in the power of staking: the more energy-efficient way of creating and distributing cryptocurrencies.

The New York City-based bank said in a report that cryptocurrency staking overall makes the “crypto ecosystem more attractive as an asset class.” This is because staking could be a major source of revenue for retail and institutional investors, the bank said.source

25
The meeting was scheduled for May 11. "The design of a CBDC would raise important monetary policy, financial stability, consumer protection, legal, and privacy considerations and will require careful thought and analysis—including input from the public and elected officials," the Fed chair said in a video message on May 20.

One day prior, on May 19, the acting Currency Comptroller Michael Hsu suggested forming an inter-agency task force with the Fed and FDIC specifically dedicated to crypto.

The May 11 meeting between Armstrong and Powell coincided with a crash in the price of Bitcoin and other cryptocurrencies. Over the course of that week, Bitcoin dipped from the high $50,000s to around $40,000.source

26
Web inventor Tim Berners-Lee’s NFT that yesterday sold for $5.4 million to an anonymous buyer at Sotheby’s is revealed to contain a coding error—and it may be bullish.Two days ago, the inventor of the World Wide Web, Sir Tim Berners-Lee, auctioned off the 30-year-old source code of his creation as an Ethereum-based NFT for $5.4 million at Sotheby’s.
But about half an hour after the auction closed, PleasrDAO, a decentralized investment collective that buys expensive NFTs, found an error in a half-hour video of the source code being typed up on a screen.source

27
South Korean cryptocurrency exchange Bithumb has banned its employees from using internal accounts to trade crypto. The South Korean exchange said it is clamping down on the practice to prevent insider trading. Bithumb will check whether its employees abide by its new rules through continuous monitoring, audits and internal reporting.
Bithumb said that it had already restricted its employees from trading crypto within working hours and from coins that had been listed for less than three days. At a closed-door meeting last month, South Korea’s Financial Services Commission told the country’s major crypto exchanges that it planned to ban so-called cross trading–whereby exchanges buy and sell the same asset without recording the trade–to prevent price manipulation.source

28
Europe’s most popular Bitcoin ETP is going carbon neutral. “It's actually something that we'd been working on in the background, and then it got accelerated by the Elon Musk tweets,” ETC Group’s co-founder and CEO Bradley Duke told Decrypt. This spring, the Tesla CEO slammed Bitcoin mining as a dirty industry, leading some investors to dump their Bitcoin holdings.
An ETP, or exchange-traded product, is a security that tracks an underlying asset or financial instrument. It is similar to an exchange-traded fund (ETFs) but most governments prohibit those. Both products, however, let people invest in Bitcoin on the stock market without holding the cryptocurrency itself.source

29
Expert witnesses and members of Congress weighed the risks and rewards of Bitcoin and cryptocurrencies this week. Here are the key takeouts. The U.S. Congress Oversight and Investigations Subcommittee, a division of the House Financial Services Committee, summoned cryptocurrency experts on Wednesday for a hybrid discussion on regulation. The experts included Peter Van Valkenburgh, director of research at Coin Center, a non-profit focused on the policy issues facing cryptocurrencies, and Alexis Goldstein, director of financial policy for think tank the Open Market Institute. Alongside members of Congress, they took part in a revealing discussion on the merits and risks of digital assets and blockchain technology.source

30
The fifth-most valuable crypto by market cap will make up 4.26% of the Digital Large Cap Fund. Most of Grayscale’s Digital Large Cap Fund is still Bitcoin (67.47%) and Ethereum (25.39%) but the company wanted to add Cardano, the fifth largest cryptocurrency by market cap, to diversify its portfolio, it said. Cardano is a blockchain platform that competes with the likes of Ethereum. Cardano’s founder, Charles Hoskinson, also co-founded the Ethereum network. The project calls itself the “first third generation cryptocurrency” and, like Ethereum, aims to be a platform on which people can create smart contracts (bits of code that carry out instructions automatically.) source

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