💰 Coinbase has taken its first loan from Goldman Sachs against bitcoin collateral.
“Coinbase’s work with Goldman is a first step in the recognition of crypto as collateral which deepens the bridge between the fiat and crypto economies,“ Brett Tejpaul, head of Coinbase Institutional, said in an email response.
🤫 Terms of the deal were not disclosed.
In April, a spokesperson for the investment bank reported a loan secured in digital gold but did not name the recipient.
✅ This is the clearest example of the adoption and scale-up of DeFi in the business sector. Banks should start worrying.
Website|Platform|Twitter|Facebook|Instagram|Linkedin|Discord
“Coinbase’s work with Goldman is a first step in the recognition of crypto as collateral which deepens the bridge between the fiat and crypto economies,“ Brett Tejpaul, head of Coinbase Institutional, said in an email response.
🤫 Terms of the deal were not disclosed.
In April, a spokesperson for the investment bank reported a loan secured in digital gold but did not name the recipient.
✅ This is the clearest example of the adoption and scale-up of DeFi in the business sector. Banks should start worrying.
Website|Platform|Twitter|Facebook|Instagram|Linkedin|Discord
🐻 Bitcoin price has come close to the $36,500 mark.
The price of the first cryptocurrency today updated its low since late February 2022, momentarily approaching the $36,500 mark.
📉 Liquidation Amount.
The decline in quotations was accompanied by a large liquidation of positions - over $374m in the last twelve hours, according to Coinglass.
✅ How to raise capital even in a down market?
1. Exchange a high-risk crypto asset for BAKS stablecoin.
2. Deposit BAKS at 15% APR.
3. Earn an income.
How to get more than 15% APY read here.
Website|Platform|Twitter|Facebook|Instagram|Linkedin|Discord
The price of the first cryptocurrency today updated its low since late February 2022, momentarily approaching the $36,500 mark.
📉 Liquidation Amount.
The decline in quotations was accompanied by a large liquidation of positions - over $374m in the last twelve hours, according to Coinglass.
✅ How to raise capital even in a down market?
1. Exchange a high-risk crypto asset for BAKS stablecoin.
2. Deposit BAKS at 15% APR.
3. Earn an income.
How to get more than 15% APY read here.
Website|Platform|Twitter|Facebook|Instagram|Linkedin|Discord
⚙️ Bluesky has published the protocol code for "decentralised Twitter".
The Twitter-funded project to develop an open, decentralised social media standard, Bluesky, has published the first part of the open source code for the Authenticated Data eXperiment (ADX) protocol.
✅ This is an excellent example of the application and adoption of blockchain technology. One day we will not be able to imagine life without blockchain.
Website|Platform|Twitter|Facebook|Instagram|Linkedin|Discord
The Twitter-funded project to develop an open, decentralised social media standard, Bluesky, has published the first part of the open source code for the Authenticated Data eXperiment (ADX) protocol.
✅ This is an excellent example of the application and adoption of blockchain technology. One day we will not be able to imagine life without blockchain.
Website|Platform|Twitter|Facebook|Instagram|Linkedin|Discord
🧐 What are investment rounds.
Investment rounds are stages of fundraising for business development. In crypto startups, funds are raised by selling project tokens under certain conditions.
BaksDAO has three investment rounds:
1. Seed round.
2. Private round.
3. Public round.
Each round has different conditions:
1. Minimum entry threshold.
2. The cost at which the token is purchased.
3. Additional conditions (freezing tokens for a certain period, vesting, etc.)
1️⃣ Seed round.
As a rule, funds and large investors participate. This round is not available to ordinary users as the minimum investment amount is extremely high.
2️⃣ Private round.
This is where small funds and private investors can participate. But in order to qualify for the private round, certain conditions must be met, which the project puts forward.
3️⃣ Public round.
Available to all users who wish to participate. The entry threshold is minimal, and conditions for participation are usually minimal or non-existent.
The key difference is that the token price increases with each round. It is more profitable for investors to buy a token in earlier rounds.
✅ If you want to invest in BaksDAO and receive tokens, email info@baksdao.com.
Public round will be announced additionally.
Website|Platform|Twitter|Facebook|Instagram|Linkedin|Discord
Investment rounds are stages of fundraising for business development. In crypto startups, funds are raised by selling project tokens under certain conditions.
BaksDAO has three investment rounds:
1. Seed round.
2. Private round.
3. Public round.
Each round has different conditions:
1. Minimum entry threshold.
2. The cost at which the token is purchased.
3. Additional conditions (freezing tokens for a certain period, vesting, etc.)
1️⃣ Seed round.
As a rule, funds and large investors participate. This round is not available to ordinary users as the minimum investment amount is extremely high.
2️⃣ Private round.
This is where small funds and private investors can participate. But in order to qualify for the private round, certain conditions must be met, which the project puts forward.
3️⃣ Public round.
Available to all users who wish to participate. The entry threshold is minimal, and conditions for participation are usually minimal or non-existent.
The key difference is that the token price increases with each round. It is more profitable for investors to buy a token in earlier rounds.
✅ If you want to invest in BaksDAO and receive tokens, email info@baksdao.com.
Public round will be announced additionally.
Website|Platform|Twitter|Facebook|Instagram|Linkedin|Discord
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☀️ Weekly Digest.
Every day of the BaksDAO project is eventful. Sometimes it's easy to miss news or an interesting event. Let's recap the week.
⚡️ Events:
— BaksDAO has launched a seeding round as part of a token sale.
— Coinbase has taken its first loan from Goldman Sachs against bitcoin collateral.
— Bitcoin price has come close to the $36,500 mark.
— Bluesky has published the protocol code for "decentralised Twitter".
🧠 Helpful content:
— What are investment rounds.
🟣 BaksDAO Int |Website|Platform|Twitter|Facebook|Instagram|Linkedin|Discord|
Every day of the BaksDAO project is eventful. Sometimes it's easy to miss news or an interesting event. Let's recap the week.
⚡️ Events:
— BaksDAO has launched a seeding round as part of a token sale.
— Coinbase has taken its first loan from Goldman Sachs against bitcoin collateral.
— Bitcoin price has come close to the $36,500 mark.
— Bluesky has published the protocol code for "decentralised Twitter".
🧠 Helpful content:
— What are investment rounds.
🟣 BaksDAO Int |Website|Platform|Twitter|Facebook|Instagram|Linkedin|Discord|
👍1
💰 Get up to 15% APR in stablecoin.
- Bitcoin has fallen below $32,000.
- The Fear and Greed Index has fallen to 11 units.
- Global downtrend.
🟣 BaksDAO maintains high yields in stablecoin:
• BAKS 15% APY
• USDT 10% APR
✅ Deposit funds today and get income as early as tomorrow.
Website|Platform|Twitter|Facebook|Instagram|Linkedin|Discord
- Bitcoin has fallen below $32,000.
- The Fear and Greed Index has fallen to 11 units.
- Global downtrend.
🟣 BaksDAO maintains high yields in stablecoin:
• BAKS 15% APY
• USDT 10% APR
✅ Deposit funds today and get income as early as tomorrow.
Website|Platform|Twitter|Facebook|Instagram|Linkedin|Discord
✊ Instagram has revealed details of its testing of NFT support.
Starting this week, select Instagram users will be able to use NFT as their profile photo.
Test participants will need to connect a digital wallet and select a designated NFT to be shown on the social platform. There are no commissions provided. Instagram said it has updated its security policy to strengthen account and wallet security when connecting.
🔗 Supported networks: Ethereum and Polygon.
🔒 Supported wallets: Rainbow, MetaMask, Trust Wallet, Coinbase Wallet, Dapper and Phantom.
✅ This is the moment when blockchain technology irreversibly and closely appears in everyday life.
Website|Platform|Twitter|Facebook|Instagram|Linkedin|Discord
Starting this week, select Instagram users will be able to use NFT as their profile photo.
Test participants will need to connect a digital wallet and select a designated NFT to be shown on the social platform. There are no commissions provided. Instagram said it has updated its security policy to strengthen account and wallet security when connecting.
🔗 Supported networks: Ethereum and Polygon.
🔒 Supported wallets: Rainbow, MetaMask, Trust Wallet, Coinbase Wallet, Dapper and Phantom.
✅ This is the moment when blockchain technology irreversibly and closely appears in everyday life.
Website|Platform|Twitter|Facebook|Instagram|Linkedin|Discord
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⚙️ The FSB has deemed it necessary to introduce comprehensive rules for the bitcoin market.
The Financial Stability Board (FSB) will develop new rules for the cryptocurrency industry. The organisation's chairman and head of the Dutch Central Bank, Klaas Knott, said.
"In terms of consumer and investor protection, the loss of confidence in digital assets could have system-wide implications due to the impact on broader financial markets and the well-being of asset holders," the official said.
Regulation of cryptocurrency is necessary to develop the cryptocurrency community and scale up the system. This will help crypto-assets to reach a new level of security and find a sphere of application in ordinary life.
Website|Platform|Twitter|Facebook|Instagram|Linkedin|Discord
The Financial Stability Board (FSB) will develop new rules for the cryptocurrency industry. The organisation's chairman and head of the Dutch Central Bank, Klaas Knott, said.
"In terms of consumer and investor protection, the loss of confidence in digital assets could have system-wide implications due to the impact on broader financial markets and the well-being of asset holders," the official said.
Regulation of cryptocurrency is necessary to develop the cryptocurrency community and scale up the system. This will help crypto-assets to reach a new level of security and find a sphere of application in ordinary life.
Website|Platform|Twitter|Facebook|Instagram|Linkedin|Discord
✈️ Emirates Airlines has announced support for bitcoin.
One of the world's largest airlines, Emirates Airlines, has announced the acceptance of bitcoin payments and the launch of an NFT collection.
"Metacities will bring traditional training, ticketing operations into the digital world, making them more interactive," said the carrier's chief operating officer, Adel Ahmed Al Reda.
✅ This news suggests that the global use of cryptocurrencies is inevitable.
Website|Platform|Twitter|Facebook|Instagram|Linkedin|Discord
One of the world's largest airlines, Emirates Airlines, has announced the acceptance of bitcoin payments and the launch of an NFT collection.
"Metacities will bring traditional training, ticketing operations into the digital world, making them more interactive," said the carrier's chief operating officer, Adel Ahmed Al Reda.
✅ This news suggests that the global use of cryptocurrencies is inevitable.
Website|Platform|Twitter|Facebook|Instagram|Linkedin|Discord
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⚠️ Phishing attacks on CoinGecko and Etherscan.
CoinGecko and Etherscan reported a phishing attack on their users. It involves hackers attempting to gain access to victims' funds by requesting the connection of their MetaMask wallets.
Users are asked to connect their wallets to a website called nftapeswin.
🚨 CoinGecko and Etherscan stressed that this should not be done under any circumstances.
Update: It was later revealed that the phishing attack was carried out using a malicious script from the Coinzilla ad network.
Website|Platform|Twitter|Facebook|Instagram|Linkedin|Discord
CoinGecko and Etherscan reported a phishing attack on their users. It involves hackers attempting to gain access to victims' funds by requesting the connection of their MetaMask wallets.
Users are asked to connect their wallets to a website called nftapeswin.
🚨 CoinGecko and Etherscan stressed that this should not be done under any circumstances.
Update: It was later revealed that the phishing attack was carried out using a malicious script from the Coinzilla ad network.
Website|Platform|Twitter|Facebook|Instagram|Linkedin|Discord
☀️ Weekly Digest.
Every day of the BaksDAO project is eventful. Sometimes it's easy to miss news or an interesting event. Let's recap the week.
⚡️ Events:
— Get up to 15% APR in stablecoin.
— Instagram has revealed details of its testing of NFT support.
— The FSB has deemed it necessary to introduce comprehensive rules for the bitcoin market.
— Emirates Airlines has announced support for bitcoin.
— Phishing attacks on CoinGecko and Etherscan.
Website|Platform|Twitter|Facebook|Instagram|Linkedin|Discord
Every day of the BaksDAO project is eventful. Sometimes it's easy to miss news or an interesting event. Let's recap the week.
⚡️ Events:
— Get up to 15% APR in stablecoin.
— Instagram has revealed details of its testing of NFT support.
— The FSB has deemed it necessary to introduce comprehensive rules for the bitcoin market.
— Emirates Airlines has announced support for bitcoin.
— Phishing attacks on CoinGecko and Etherscan.
Website|Platform|Twitter|Facebook|Instagram|Linkedin|Discord
💰 Ways to make money from cryptocurrency.
🟣 Mining is the process of obtaining cryptocurrency by solving cryptographic equations using powerful computers.
Miners are involved in creating new structures - blockchains - to enable cryptocurrency platforms. A miner is rewarded for creating a new structure in the form of new cryptocurrency units and/or commissions.
🟣 Staking is a type of passive income from cryptocurrency. Users hold tokens and keep the blockchain running. For this, they receive a reward.
Staking does not require a lot of technical capacity and is therefore an environmentally friendly way to earn money from cryptocurrencies.
🟣 Deposit is another way of passive cryptocurrency earning that DeFi platforms offer. The user makes a deposit on the platform of their choice and while the money is there, they make a profit.
The main difference between deposit and staking is that the user provides liquidity to the decentralised trading platforms.
😎 You don't need special hardware or software to make deposits — BaksDAO.Finance takes care of all the maintenance.
✅ Make deposit.
Website|Platform|Twitter|Facebook|Instagram|Linkedin|Discord
🟣 Mining is the process of obtaining cryptocurrency by solving cryptographic equations using powerful computers.
Miners are involved in creating new structures - blockchains - to enable cryptocurrency platforms. A miner is rewarded for creating a new structure in the form of new cryptocurrency units and/or commissions.
🟣 Staking is a type of passive income from cryptocurrency. Users hold tokens and keep the blockchain running. For this, they receive a reward.
Staking does not require a lot of technical capacity and is therefore an environmentally friendly way to earn money from cryptocurrencies.
🟣 Deposit is another way of passive cryptocurrency earning that DeFi platforms offer. The user makes a deposit on the platform of their choice and while the money is there, they make a profit.
The main difference between deposit and staking is that the user provides liquidity to the decentralised trading platforms.
😎 You don't need special hardware or software to make deposits — BaksDAO.Finance takes care of all the maintenance.
✅ Make deposit.
Website|Platform|Twitter|Facebook|Instagram|Linkedin|Discord
✊ SolidProof.io's auditor recommended BaksDAO for long-term investment.
BaksDAO is a DeFi platform developed on Web3 solutions and provides unlimited time and location access to financial services.
BaksDAO.Finance is the first product of BaksDAO, an intuitive DeFi platform for financial asset management without bureaucracy and restrictions.
Website|Platform|Twitter|Facebook|Instagram|Linkedin|Discord
BaksDAO is a DeFi platform developed on Web3 solutions and provides unlimited time and location access to financial services.
BaksDAO.Finance is the first product of BaksDAO, an intuitive DeFi platform for financial asset management without bureaucracy and restrictions.
Website|Platform|Twitter|Facebook|Instagram|Linkedin|Discord
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📊 Swiss asset manager Julius Baer eyes crypto and DeFi potential.
The 132-year-old Swiss asset management firm, Julius Baer, intends to offer exposure to cryptocurrencies and decentralized finance (DeFi) for its high net-worth clients.
“They will transform the financial sector over the next ten years and it is important for us to gain a strong foothold in this area. That’s why it's exactly the right moment to invest in the long-term potential of digital asset technology.”
🔥 Despite the downtrend, large funds have not stopped introducing cryptocurrency into circulation. Decentralised finance is the future.
Website|Platform|Twitter|Facebook|Instagram|Linkedin|Discord
The 132-year-old Swiss asset management firm, Julius Baer, intends to offer exposure to cryptocurrencies and decentralized finance (DeFi) for its high net-worth clients.
“They will transform the financial sector over the next ten years and it is important for us to gain a strong foothold in this area. That’s why it's exactly the right moment to invest in the long-term potential of digital asset technology.”
🔥 Despite the downtrend, large funds have not stopped introducing cryptocurrency into circulation. Decentralised finance is the future.
Website|Platform|Twitter|Facebook|Instagram|Linkedin|Discord
🔥 Balenciaga boutiques in the US will start accepting bitcoin and Ethereum.
Kering-owned premium brand Balenciaga has announced the ability to pay in cryptocurrencies at its flagship shops in the US and on its online platform, WWD reports.
Initially, the fashion house will start accepting bitcoin and Ethereum. There are plans to expand the list of supported currencies and regions in the future.
🤔 Despite the volatility, well-known brands continue to integrate cryptocurrency. Is this a new phase of cryptocurrency globalisation?
Website|Platform|Twitter|Facebook|Instagram|Linkedin|Discord
Kering-owned premium brand Balenciaga has announced the ability to pay in cryptocurrencies at its flagship shops in the US and on its online platform, WWD reports.
Initially, the fashion house will start accepting bitcoin and Ethereum. There are plans to expand the list of supported currencies and regions in the future.
🤔 Despite the volatility, well-known brands continue to integrate cryptocurrency. Is this a new phase of cryptocurrency globalisation?
Website|Platform|Twitter|Facebook|Instagram|Linkedin|Discord
🙄 BaksDAO.finance is a decentralised platform.
BaksDAO platform cannot use user funds at its own discretion.
🔒 Your funds are safe and secure.
Any funds you contribute to the platform remain in the smart contract. The smart contract only accepts the transfer command from the wallet from which the transaction was made. No one but you can use the deposited funds. This is an unchangeable feature that ensures 100% safety of funds and control over the withdrawal of crypto-assets. And thanks to Etherscan and BscScan services, you can always verify that the funds are on your smart contract.
🟣 Loan | Deposit |Swap
BaksDAO platform cannot use user funds at its own discretion.
🔒 Your funds are safe and secure.
Any funds you contribute to the platform remain in the smart contract. The smart contract only accepts the transfer command from the wallet from which the transaction was made. No one but you can use the deposited funds. This is an unchangeable feature that ensures 100% safety of funds and control over the withdrawal of crypto-assets. And thanks to Etherscan and BscScan services, you can always verify that the funds are on your smart contract.
🟣 Loan | Deposit |Swap
😎 Thailand exempts cryptocurrency transfers from VAT until the end of 2023
The Thai government has exempted transfers of digital assets involving licensed cryptocurrency exchanges from value-added tax. The rule will be effective until the end of 2023, the Bangkok Post writes.
The new ruling is in addition to the decision taken in March not to charge VAT on cryptotransactions. This relaxation also expires at the end of next year.
Website|Platform|Twitter|Facebook|Instagram|Linkedin|Discord
The Thai government has exempted transfers of digital assets involving licensed cryptocurrency exchanges from value-added tax. The rule will be effective until the end of 2023, the Bangkok Post writes.
The new ruling is in addition to the decision taken in March not to charge VAT on cryptotransactions. This relaxation also expires at the end of next year.
Website|Platform|Twitter|Facebook|Instagram|Linkedin|Discord
Bangkok Post
Crypto transfers granted tax exemption
The Thai government is exempting value-added tax (VAT) from the transfer of cryptocurrencies or digital tokens until the end of 2023.
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⚠️ Dear users! ⚠️
This is not an easy time of downtrend and we hope for your support and understanding. We will definitely survive this fall in the markets and make it to the top DeFi projects, but without your support right now we will not be able to do that.
⚙️ Due to the difficult market conditions, we have taken temporary measures to plan the development of the project:
- to temporarily halt marketing activities;
- reduce the pace of project development for a few months;
- to postpone the public sales round and the listing of the BDV token to the autumn;
- reduce the supported trading volume in the BAKS/USDT pair.
Only the team's funds are in the stacking pools at the moment. No freezing of funds on the platform has been and will never be done.
🔥 Product development will continue without interruption!
Website|Platform|Twitter|Facebook|Instagram|Linkedin|Discord
This is not an easy time of downtrend and we hope for your support and understanding. We will definitely survive this fall in the markets and make it to the top DeFi projects, but without your support right now we will not be able to do that.
⚙️ Due to the difficult market conditions, we have taken temporary measures to plan the development of the project:
- to temporarily halt marketing activities;
- reduce the pace of project development for a few months;
- to postpone the public sales round and the listing of the BDV token to the autumn;
- reduce the supported trading volume in the BAKS/USDT pair.
Only the team's funds are in the stacking pools at the moment. No freezing of funds on the platform has been and will never be done.
🔥 Product development will continue without interruption!
Website|Platform|Twitter|Facebook|Instagram|Linkedin|Discord
👍1
The owner of this channel has been inactive for the last 11 months. If they remain inactive for the next 8 days, they may lose their account and admin rights in this channel. The contents of the channel will remain accessible for all users.