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ChainityX | Crypto Insights
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​​Google Cloud ramps up blockchain efforts by launching digital assets team.

The new Google Cloud team aims to accelerate customers' efforts in the emerging blockchain and crypto spaces, a blog post explained.

Blockchain, cryptocurrency and decentralized technology are all fascinating topics that have been heating up for almost a decade. Nowadays, everyone wants to be part of cutting-edge innovations.

A Thursday announcement by Yolande Piazza, Google Cloud's vice president of Financial Services, said the firm has established a Google Cloud Digital Assets Team that will assist clients in creating, trading, storing value and launching new products on blockchain-based platforms. The blog reads:

“This new team will enable our customers to accelerate their efforts in this emerging space and help underpin the blockchain ecosystems of tomorrow.”

The blog points to blockchain and distributed-ledger-based solutions like Hedera, Theta Labs and Dapper Labs as examples of firms that have already implemented Google Cloud, adding that the Digital Assets Team will conduct a variety of activities in both the near and long term.

Dedicated node hosting/remote procedure call (RPC) nodes for developers, node validation and on-chain governance with some partners, and assisting users and developers in hosting their nodes on the “cleanest cloud in the industry" are some of the activities the team will carry out.

The announcement also reveals that, as the new team expands, it will be examining ways to allow Google Cloud customers to make and receive payments using cryptocurrencies.

This is not Google's first foray into the crypto space. Google Cloud's parent firm, Google, recently hired a PayPal veteran to assist with the development of Google Pay as it continues to look towards the future and pursue crypto.

Google teamed up with Coinbase in June, allowing customers of the exchange to pay for items and services using Google Pay. In October, Google and Bakkt joined forces to allow customers of the exchange to spend their cryptocurrency through Google Pay.
🎁HAPPY LUNAR NEW YEAR! TURN YOUR RED INTO GREEN: EARN A $1000 HORSE NFT AND THOUSANDS OF TOKENS FROM DEFIHORSE ONLY BY YOUR NOD!🎁

1000 red packets, including 6868 DFH tokens - the hottest promising coin in 2022 with the possibility to multiply by 100 - 200 times in value; and 400 cool NFT items are waiting for you to peel them off.

Green-ize your Red Only by your nod! Just record a Welcoming Lunar New Year with Super Cool & Fun DeFiHorse's New Year filter and follow some steps you can receive the lucky envelope and stand a chance to win 1 Heroic horse with a starting point of $1000 with the coolest video. The event is so much fun & luck to join!

🦄Do it now!
​​Turkish blockchain company opens regional crypto exchanges in globalization bid.

The first stop for Bitci’s international expansion, also a first for a Turkish crypto exchange, is Brazil.

Turkish blockchain provider Bitci is seeking to establish local crypto exchanges in Brazil and Spain in a bid to lure local crypto investors.

A Bitci spokesperson told Cointelegraph that Bitci is planning to open new crypto exchanges in the countries where the company has sizeable deals and assets, as Reuters reported. The first stop for Bitci’s international expansion, also a first for Turkish crypto exchanges in general, is Brazil.

Bitci CEO Onur Altan Tan said in an interview that the Turkish blockchain provider aims to open its first exchange outside of Turkey in February in Brazil. Spain would see the second international Bitci exchange in March. By opening local crypto exchanges in said countries, Bitci aims to provide better service to local investors, a spokesperson told Cointelegraph.

Starting with its Brazilian exchange, Bitci also wants to strengthen its connection with local soccer clubs. Being a blockchain provider, Bitci helped more than 25 soccer teams to launch their fan tokens.

Speaking to Reuters, Bitci's CEO said that the exchange has valuable assets in Brazil. “We have released fan tokens of Brazil's national team and we have agreed with six other clubs,” he added. Exclusive fan token deals with soccer clubs would help Bitci to jumpstart its growth in Brazil, according to Tan.

Bitci saw aggressive growth over the last year, signing partnership deals with a number of renowned sports entities like Brazilian and Spanish national soccer teams as well as the Formula 1 team McLaren Racing.

As the coronavirus pandemic has diminished profits for the sports industry, fan tokens quickly became a trend among sports clubs looking to generate new revenue streams. The unclear regulatory framework surrounding cryptocurrencies in Turkey can also be seen as a key driver for Turkish crypto companies to look for growth opportunities around the world.
When Spark (FLR) Token Airdrop? Flare CEO Drops Important Updates For Waiting XRP Holders

The Flare’s much-anticipated airdrop to XRP holders may have hit the ‘delay road’. However, Hugo Philion, the co-founder and CEO of Flare Networks shared some quick update for the waiting XRP holders.

Spark is the native token of the flare Network which is designed to bring utility to Flare, through collateralization of assets, data provision, governance and spam prevention via transaction fees.

Out of 100 billion Spark tokens, 45 billion will be up for grabs by XRP holders. However, the airdrop was announced in December 2020 but the distribution process has been postponed on several occasions.

As per Flare, the airdrop depends on the holder’s XRP balance on 12th December 2020, 00:00 UTC, and they were had to apply until 11th June 2021, 23:59 UTC to make their claim.

More news for XRP holders.XRP’s 24-hour trading volume has witnessed a skyrocketing surge of over 100% after some interesting updates regarding the SEC vs Ripple case made it to the internet.

https://coingape.com/spark-flr-airdrop-xrp-holders/
⚡️LAST CHANCE TO BE THE FIRST RACER OWNING DFH TOKEN AND THE TWO POWERFUL NFT EQUIPMENT FROM DEFIHORSE!

🔥DeFiHorse is organizing the two hottest events: Airdrop with CoinMarketCap and “Nod Ur Head To The New Year Ahead” to celebrate the lunar new year! Which one you would like to join? Join both to get as many gifts as possible. Just do simple tasks and you will get 6868 DFH tokens from the new year event or one of the two powerful NFT items: TYPHON SKIN and GALA SCOPE.

Sound interesting? Only 01 days left so participate now!

🎁 Nob Your Head
👉 Coinmarketcap Airdrop
​Is the idea of transferring ERC-20 tokens to BEP-20 still seeming overly complicated for you? Numerous bridges, endless swaps, and excessive fees make the whole process time-consuming and costly. However, we do have one ultimate solution - Rubic’s Multi-Chain Protocol.

Rubic is one of the most innovative projects in the field; with a simple, working solution for transferring more than 15,000 assets across 10 blockchains in one click! You can even, for example, easily swap $LINK to $CAKE or $BNB to $JOE.

It’s not just fast - trading on Rubic is also convenient. This week, Rubic’s team integrated the Aurora network into their Multi-Chain Protocol. This will enable users of the Ethereum, Binance Smart Chain, Polygon, Avalanche, Moonriver, Fantom, Solana, Harmony, and Arbitrum networks to easily complete swaps to and from any token in the Aurora ecosystem.

Rubic has completed the integration of 2 main DEXs on the Aurora network. These 2 DEXs are WannaSwap v3 and TriSolaris. The integration of these DEXs allows Rubic’s Smart Routing to find the best route and price for your Multi-Chain swaps. As a result of these integrations, Rubic’s Multi-Chain Protocol allows users of any blockchain to easily reach the Aurora network in a matter of minutes; without the need to waste their valuable time.


Rubic’s chat
Rubic’s announcement channel
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​DEX Trends in 2022: Greater Market Share, New Products, Familiar Challenges.

Debate continues to rage over just how decentralized crypto really is. While cryptoassets such as Bitcoin (BTC) operate with no obvious center, critics note that the overall market is far too reliant on a handful of centralized exchanges -- Binance, Coinbase, and Kraken (to name a few) -- for its liquidity and investment.

Well, crypto has in fact already provided a solution to this problem, in the form of decentralized exchanges (DEXes). These are effectively protocols for creating pools of assets that can be traded, and while they have remained relatively marginal in previous years, 2021 saw them gaining in importance.

According to industry figures speaking to Cryptonews com, DEXes will continue to grow in 2022, fueled by the growth of competing blockchains and faster layer-two scaling solutions. And even if their centralized counterparts may remain dominant, they will continue to gain more market share, with rising demand for self-custody fueling their expansion.

“Trading volume on DEXes has been on the rise since DeFi summer in 2020,” said Timo Lehes, Co-founder of Swarm Markets, a DeFi protocol.

He notes that trading volume on DEXes reached roughly USD 1.1trn in 2021. Uniswap (v3), for instance, currently posts 24-hour volumes of around USD 2.6bn, while Pancakeswap registers nearly USD 800m, per CoinGecko data.

And for Lehes, such volumes are “only set to increase as people enjoy the benefits of DeFi innovation and search for yield.”

He’s not alone in predicting continued growth, with JHL -- a pseudonymous contributor to Solana (SOL)-based DEX Serum -- expecting DEXes to continue capturing market share from centralized exchanges.

“One of the key drivers is the launch of more DeFi derivatives protocols on fast, cheap blockchains,” he told Cryptonews com.

“We see strong volume growth from decentralized derivatives in 2022, and believe it’s possible that volume on decentralized derivatives can exceed decentralized spot exchanges at some point, just like we see on centralized exchanges.”

JHL points to the launch of several new DEXes and decentralized trading protocols on Solana, including PsyOptions and Zeta Markets.
GET READY FOR THE RACE TO MILLIONAIRES WITH DEFIHORSE’S INITIAL NFT SALE! 🐎

Exciting news for the crypto community and horseracing lovers! World-class Horseracing DeFiHorse is launching its initial NFT sale on 27/02/2022 🤩

🎁 300 mystery boxes of Heroic horses will be available for sale, with many of them being rare and ultra-rare generation. Only with $1,000, racers now can own the unique horse NFT for their races in Metaverse, and multiple their assets over time when the game continues developing.

👉Invest now by joining the whitelist 🤑

⭐️More info
🔥Catch a great opportunity to earn on the NFT and GameFi market growth! 🔥

On February 22, the developer of the infrastructure-level solution for the GameFi market, Meta DAO Guild, is launching the first closed token sale when participants will be able to purchase the project’s tokens – MDGG – at the most attractive price of $0.048.

By the second round which will be held on March 13, the price of the coin will grow 40%. By the time of the listing on the cryptocurrencies exchanges, the Meta DAO Guild developers expect the MDGG price to reach $0.40.

That is why those who catch the coins during the first round, will get the fattest profit.

Sale Type: Direct
Token volume: 50 000 000
$MDGG
Price: 0.048$
Minimum bid: 100$
Maximum bid: 10 000$

For weeks, Meta DAO Guild has been actively discussed in the media. But in case you have not heard, the project developers have found solutions for two main GameFi problems:
🔹High entry barrier to GameFi projects;
🔹Gaming NFT idle time.

The project team is creating a platform for renting gaming NFT – MetaRent that will allow gamers to start earning on GameFi with minimum investments. The gaming NFT owners will get an opportunity to reach passive income.

Also, Meta DAO Guild develops a series of other sought-after products, including the following:
✅The educational system that teaches how to earn on GameFi projects Scholarship;
✅The service to exchange gaming NFTs MetaExchange.

Another product of Meta DAO Guild that deserves special attention is a decentralised venture fund DAO Launchpad. Through the fund, MDGG owners can invest in the most promising GameFi projects at early stages, and thus get access to opportunities to earn maximum. This is yet another reason to get some Meta DAO Guild tokens.

❗️To participate in the closed token sale, it is needed to leave an email on the official Meta DAO Guild website.

📲 Do not forget to set up a reminder for the first sales round when MDGG will be available at the best price.
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💥Set your NFT Novatar as a profile picture on Twitter Blue.

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China-Taiwan Conflict: A New Threat To Crypto Markets?

With cryptocurrency markets having dropped sharply as the Russia-Ukraine conflict escalates, traders have identified a new possible source of strife- China and Taiwan.

Reports that Chinese aircraft had entered Taiwan airspace fueled speculation whether the country could be the “next Ukraine”.

Taiwan President Tsai Ing-wen had also called for the island to increase security in light of the Ukraine crisis.Crypto, like most financial markets, is vulnerable to geopolitical tensions, as evidenced by its response to the Ukraine crisis. War-induced volatility had erased as much as $400 billion from the market this month.

https://coingape.com/china-taiwan-new-threat-crypto-markets/
THE SUPER PROJECT WHITELIST IS CLOSING SOON! JOIN US BEFORE IT'S LATE!

⚡️Yes, DeFiHorse’s first ever NFT SALE whitelist is closing in 1 day so this is your last chance to sign up for it. 300 NFT BOXES of Heroic steeds will be given out on the market on 27/2/2022. You don’t want to miss a precious chance to win a RARE or ULTRA RARE HEROIC to xx your asser.

🐎Moreover, top 50 references will surely be on the list so the competition is super intense!

👉A few click on Gleam and that’s all it takes! Let’s go get the horse!
💥THE MAJOR BREAKTHROUGH OF DEFIHORSE - THINGS ARE ABOUT TO EXPLODE BEFORE INO - WE ARE ALL READY! 💥

DeFiHorse is beyond happy with the remarkable global growth, thanks to the amazing support from our Community.

The Whitelist Race for INO just ended with:
🌟 2,000,000 entries
🌟 50,000 participants
🌟 TOP 1 country: Ukraine

🔥Over 500,000 members🔥 across all channels, including:

💫 130,000 followers on Telegram Global Community
💫 104,000 followers on Twitter
💫 93,000 followers on Telegram News
💫 62,000 followers on Facebook
💫 31,000 followers on Discord

…and SO MANY MORE TO COME.

#TheCreationOfGod: The First NFT Sale for Heroic Steed is happening. Grab your opportunity because these NFTs are not to be missed.

👉 Time: 1 PM 27/02/2022 UTC
👉 Location: rada.network/en/launchverse/defihorse/heroic
👉 Medium Sale Info | Medium Guideline

🏇🏻 Time to invest, Racers!
GRAB THE CHANCE TO XX YOUR ASSET NOW WITH WORLD-CLASS HORSERACING DEFIHORSE’S INITIAL NFT OFFERING!

World-Class Horse Racing DeFiHorse is offering its initial NFT Sale now with ONLY 300 BOX for sale.

👉 JOIN NOW: https://rada.network/en/launchverse/defihorse/heroic

You don’t wanna miss this golden chance to get xx!
​​Penalties and extra time: The scoreboard for soccer club crypto deals.

Despite Turkish government regulations having hamstrung Bitci’s soccer sponsorship deals, footballing crypto companies already have home-field advantage.

The world’s most popular sport suffered an own-goal as European clubs canceled their partnerships with Bitci, a Turkish crypto exchange. However, plenty of substitute crypto companies are on the bench, ready to bring crypto to the mainstream through soccer.

Growing yet unclear cryptocurrency regulations in Turkey have reportedly hampered the company’s ability to make payments, leading to a lack of confidence among major soccer clubs.

Portugal’s Sporting CP — the green-and-white-striped footballers famed for being the club where Cristiano Ronaldo cut his teeth — and Italian Serie A club Spezia have also canceled their partnership with Bitci. The F1 powerhouse Mclaren Racing terminated its sponsorship deal with Bitci earlier in February.

Barcelona also recently announced that it would favor a partnership deal with Binance over Spotify despite the launch of its fan token in April 2021.

While it would appear that crypto and soccer partnerships are down to 10 players, deals, enthusiasm and sponsorships for crypto among football clubs are an open goal.

Of England’s 20 football clubs, 17 have at least one deal with a cryptocurrency firm. For Watford soccer club, not only does Dogecoin (DOGE) appear on the shirtsleeve, but Stakecom sponsors the main body of the shirt.

Eighty miles Southeast of Watford, in Southampton, “the Saints,” as they are known locally, launched a Bitcoin (BTC) hunt on Wednesday. In partnerships with crypto betting site Sportsbetio, the online quiz winner takes home a whole BTC.

Still in England, Bitcoin podcaster Peter McCormack sparked the beginnings of an English underdog story as he bought his local club Bedford FC. He’s keen to take on the Premier League with the help of Bitcoin and its community.

While Cryptocom recently renamed the American football stadium in Los Angeles from the Staples Center to the Cryptocom arena, in Italy, the entire football league is sponsored by the cryptocurrency giant.
Zaddy Token 1ETH Giveaway in 7 days 💎

• Join telegram https://t.me/+ourBepjtTzxjMGRh
• To qualify you MUST purchase at least .25 Eth worth or Zaddy token

We did over $1,000,000 in volume in our first day and have over 600 holders in less than 24 hours!!!!

This projects purpose is to help the people of Ukraine in their tragic time of need.

We made our first donation yesterday (https://etherscan.io/tx/0xe686dd6eca4b98aa7ef20049f127e3e2c89a393ca47b2b45cf485ec2350453fd)

We have tons of marketing on the works. Let’s get together for a great cause, help us eat the dip and MOON this project!!! 🚀🚀🚀
​Ukraine cancels token airdrop, reveals new NFT plans.

Ukraine has received nearly $40 million in crypto donations, out of which almost $7 million came after the announcement of the now-canceled airdrop.

Ukrainian Vice Prime Minister Mykhailo Fedorov informed the public on Wednesday that the country has decided to cancel an airdrop for crypto donors that was announced on Tuesday and plans to raise more money through the sale of nonfungible tokens (NFTs) instead.

Ukraine’s crypto airdrop program took an unexpected turn on Wednesday when a fake account created 7 billion “Peace World Tokens,” making it seem like it was the official airdrop token for crypto donors.

The fake airdrop began almost an hour before the officially announced time but was flagged soon after by Etherscan. A couple hours later, Fedorov announced that Ukraine plans to use NFTs and has given up plans of offering any fungible tokens.

The official Ukrainian crypto wallet for donations reportedly received $7 million in donations after the airdrop announcement, which became a topic of debate on Crypto Twitter. While the minister didn’t reveal the reason for the cancellation of the airdrop, some in the crypto community were not happy about the U-turn, while others, like Twitter influencer Cobie, found some humor in the situation.
NEW NFT DROP🚀💣

The real life Ready Player One.

Are you ready to enter the Astroverse?

💥 Astrominers is a collection of 8,888 NFTs
🎨 Made by famous artists
🌎 Collection that gives back to the earth
💧 For each NFT sold, one water-bund will be created
🚀 On THE ETHEREUM BLOCKCHAIN
☠️ Game in the Metaverse in partnership with well-known gaming company

⚠️⚠️1 NFT and 10 WL Giveaway ! ⚠️⚠️

To enter:
1️⃣ Like, Share and Follow our socials (Open ticket and send proof)
2️⃣ Join our Discord (link is below)
3️⃣ invite a friend on our discord (each invite is an extra entry 😉)

👀Join our Discord to change your life vision!
https://discord.gg/75hzBcg8EM

PS: Holders of BAYC/MAYC, DOODLES, IF, CYBERKONG, CLONE X, COOL CAT and AZUKI come claim your WL spot in our discord 😉
Just open a ticket.🎟(Only 500 available)
WORLD’S MOST PREMIUM HORSE-RACING PROJECT - DEFIHORSE HIT THE MARKET WITH AN INITIAL PUBLIC SALE🐎

⭐️All eyes are on the grand IBCO of DeFiHorse. With millions of dollars raised successfully, the project holds great potential for interested investors. With the chosen method of IBCO, participants can be confident about the efficiency, transparency, and profitable values that the sale round brings.

✨Check out the details on the Public Sale HERE!
​​Nansen's indexes reveal insightful trends in the NFT space.

The platform's newly-introduced NFT-500:ETH index reports a 68.5% growth for the top-500 Ethereum NFT’s since the beginning of the year, despite experiencing a corrective 28.8% decline over the course of the past 30-days.

The research branch of Nansen, a popular blockchain data firm, has published a meticulous twelve-page report quantifying the performance of Ethereum-based nonfungible tokens, or NFTs, since the turn of the year, unveiling a number of compelling indications as to the economic and cultural future of the ecosystem.

Citing the profound impact of traditional financial indexes such as the Dow Jones Industrial Average, S&P 500 and the Nasdaq Composite, the report contemplates the vast potential for comparable models focusing on NFT's, arguing that both education and adoption could be significantly enhanced through their wide-scale utilization.

Last month, Nansen released six NFT indexes: Nansen NFT-500, Nansen Blue Chip-10, Nansen Social-100, Nansen Gaming-50, Nansen Art-20, Nansen Metaverse-20, all which according to the accompanying blog post, were designed to “raises the bar for quality financial infrastructure that supports the growing depth of the NFT industry.”

Nansen’s NFT-500 index aggregates the performance of the leading 500 NFT collections on Ethereum for both ERC-721 and ERC-1155, across ETH and USD market capitalization. These collections equate to 85.4% of the daily market volume since 1 January 2022.

Assessing the performance of the NFT-500 index across the period Jan 1st to March 9th 2022, it is revealed that the price of assets increased by 68.5% when denominated in ETH, and gained 20.9% when measured in USD.

In contrast, the performance of the ETH index of the last 30-days — as illustrated in the line graph below — stands in stark contrast, recording -28.8% and -38.5% in ETH and USD, respectively.

Upon our request for specific clarification as to the calculation method for the numerical figure seen on the y-axis, research analyst at Nansen, Louisa Choe stated that “the index level is the value of an investment relative to its value at one fixed point in time. The index started at 1,000 on 1/1/2022.”