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RippleX will launch an NFT developer platform 💿

Ripple engineer Nick Bugalis announced the launch of the NFT-Devnet platform to explore the possibilities of non-interchangeable tokens. Initially, developers will have access to a beta version of the platform.

According to Bugalis, automatic licensing fees allow developers to create more complex licensing fee structures, and co-ownership expands access to assets. Bugalis pointed out that NFT-Devnet is still in beta testing, which will allow developers to test the functionality of XRP Ledger before launching the main network.

The platform supports the XLS-20d solution, first introduced in May 2021. These are extensions to XRP Ledger, which will support its own type of NFT, as well as a protocol for transactions, buying, selling and storing non-interchangeable tokens.
CrossFi will launch DEX in the second quarter of 2022 ⚙️

CrossFi (CRFI) has published a roadmap announcing the launch of DEX (decentralized exchange) in the second quarter of this year. CrossFi is DeFi's crosschain credit platform with collateral for the Filecoin ecosystem.

Once DEX launches, CRFI tokens and other tokens will be able to be added to the liquidity pool and LPs will be able to receive rewards. NFT transactions are also planned. A certain percentage of CRFI will be used as a commission for each transaction.

"Launching DEX was part of our roadmap from the beginning. The CrossFi ecosystem has stabilized and matured, and the path to launching and developing CrossFi DEX in 2022 has become clear. We now have a concrete plan for DEX development this year," the developers said in a statement.
Bithumb will block withdrawals to unverified wallets 💣

South Korean bitcoin exchange Bithumb will ban users from withdrawing crypto assets to unverified third-party wallets. The innovation will take effect on January 27, 2022, the blog said.

Users will have to undergo additional verification to register their addresses. The restrictions do not affect withdrawals to local or foreign centralized exchanges with strict KYC procedures.

According to Money Today, Bithumb has faced pressure from its partner bank Nonghyup Bank. The latter allegedly demanded changes to the exchange's policies to comply with the FATF "road rule."

The publication claims that the bank urged Bithumb to "block all wallets that do not have their own KYC system. In particular, we are talking about MetaMask and MyEtherWallet.
DeFi Users Fear All Stablecoins Falling 🆘

The scandal has undermined investors' faith in the stablecoin pair, MIM and UST, with users now rushing to sell their tokens, and the uproar may result in the unpegging of the coin from the dollar.

Investors are concerned that the loss of one stable coin could lead to a "contagion effect," dropping the value of several Stablecoins at once.

Popular network analyst zachXBT said on Twitter that the creator of Wonderland (TIME), DeFi's reserve currency, is actually Michael Patrin, co-founder of the infamous and fraudulent Canadian crypto exchange QuadrigaCX.

This so-called "discovery" caused Wonderland's price to drop by 40%.

The stable MIM coin from the creator of Abracadabra is one of the victims of the crisis of confidence. The ensuing low liquidity briefly pushed MIM away from pegging to the dollar on the curve during the day.

This, in turn, drove Terra's stable UST coin.
TrueFi, backed by a16z, launches DeFi lending marketplace 🚀

Stablecoin operator TrustToken has launched a new lending marketplace that allows asset managers to create their own decentralized financial products, increasing the potential for broader adoption of DeFi solutions.

The new lending marketplace offered through TrueFi's unsecured lending protocol (TRU) gives independent financial institutions the ability to develop, launch and fund new investment products. Asset managers also have access to TrueFi's pool of lenders and borrowers, as well as TrustToken's institutional offerings.

TrueFi is described as a "lending app store," but instead of developers launching apps, the protocol allows asset managers to launch new financial portfolios directly online.
Jamaica named CBDC launch date ️↗️

Jamaica plans to launch a digital currency central bank (CBDC) in 2022. This was announced by the country's Prime Minister Andrew Holness.

"The Bank of Jamaica will issue its own digital Jamaican dollar in 2022 after a successful pilot project in 2021," Holness wrote.

He said it will form the basis for a digital payments architecture and will help "increase access to financial services, increase the speed of transactions while lowering the cost of banking services" for citizens.

What is a central bank digital currency (CBDC)?

Recall that in March 2021, the country's Finance Minister Nigel Clark said that the government believes an accelerated transition to a digital society is vital for economic recovery after the pandemic.

In July, the Central Bank of Jamaica announced a pilot deployment of the CBDC system. The first test participant was the National Commercial Bank.
OpenSea will delist inactive NFTs on Ethereum 💊

All users of the popular NFT platform OpenSea will need to migrate their existing NFT lists to the new smart

OpenSea, one of the most popular markets for non-transferable tokens (NFTs), has released an update to its smart contract to delist inactive NFTs.

All users of OpenSea's popular NFT platform will need to migrate their existing NFTs to the new smart contract (currently hosted on the Ethereum blockchain) due to the update.

OpenSea issued a statement saying that NFTs issued before Feb. 18 will automatically disappear within a week by Feb. 25:

"This new update will ensure that old inactive lists on Ethereum expire safely and allow us to offer new security features in the future."
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Crypto scammers continue to invent a variety of options for stealing other people's coins. For example, here they appear to support the MetaMask wallet and allegedly require you to verify the user's identity.

Obviously, after clicking on the link, they will ask you to enter a seed phrase. Or something else.
Ukrainian crypto project aims to turn off Russian propaganda

disBalancer, a cybersecurity project based in Kyiv, is assembling the world's largest cyber army for powerful DDoS attacks on russian propaganda websites. They’re gathering 100,000 users of their Liberator app, which promises fatality to russian lying websites.

Before the war began, the disBalancer team worked on a stress tool that helps businesses make them resistant to DDoS attacks and protect crypto-related projects against fraudsters. After Russia had invaded Ukraine, the team decided to use the tool to fight Russian propaganda - Liberator.

More than 100,000 people have installed Liberator. More than 6,000 people use it continuously. The goal is to gain more than 100,000 active users to fight with the most secured propaganda websites.

Bloomberg, The Times, the Washington Post, Yahoo Finance and BBC Radio wrote about this app. The project gets huge coverage around the world.

The team is selling their $DDOS tokens to buy servers and scale the project’s infrastructure. Also, they’re giving first NFT medals to all fighters who will join the attacks. All you need to do is to download and launch the app and/or buy at least 1,000 DDOS tokens, and hold them until the war finishes. (Current price is $0.40)

Help us to spread this information and kill the russian propaganda machine!

Our official website with more info on $DDOS sale, Liberator and NFT - https://disbalancer.com/.

Our Telegram chat - https://t.me/disbalancer_group
Rast (smart contract programming language) is rapidly taking over the crypto market and is already in second place in terms of TVL smart contracts that are written on it
The volume of transfers in the Bitcoin network rose sharply the day before, that is, the blockchain began to be used to conduct numerous large transactions. Now the figure is the equivalent of $22.47 billion, which is a record in 2022.

At the same time, a historical maximum of 27.11 billion was set on December 7, 2021, if anything.
⚡️ Lawyers at Terraform Labs quit shortly after the UST crash. According to The Block sources, because of this, the management turned to third-party experts for help in the current situation.
#ethereum weekly RSI at its third lowest ever. Technically still not in the oversold zone, but pretty damn close.
Bitcoin price on this day June 2
The analyst tells you about RSI less than 50 using the example of some accumulation and a cooling pot
Olympus Game Giveaway🚀

Can you guess who's hiding in the picture?🤓
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🗒Olympus Game is a strategic 3D tower rush game taking place in the Greek mythology era which integrates blockchain technology and NFT. For more details click.

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⚡️ Coin of the day for social activity -
Dao Maker
$DAO
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TOP 15 tokens by price bounce over the last 30 days
Gas in the Ethereum network is now very cheap - its price can be compared with May 2020. As a result, the amount of ETH burned as fees due to EIP-1559 is at an all-time low.

Because of this, the cryptocurrency is now at the peak of inflation since the implementation of the burn mechanism in August 2021. That is, there are noticeably many new ETH.