The Crypto Bay - DeFi | IDO |NFT
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β˜€οΈThe Crypto Bay channel about IDO, NFT, DeFi and everything related to cryptocurrencies

πŸ’°Only profitable projects

πŸ“… Daily earnings report from our investments
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News for Today ( November 29, 2022)

πŸ”Έ Phantom Wallet will add support for Ethereum and Polygon.

πŸ”Έ The Serum protocol announced that it is discontinuing.

πŸ”Έ OpenSea added support for BNB Chain.

πŸ”Έ PancakeSwap has overtaken Uniswap by TWL.

πŸ”Έ Startup Burn Ghost has raised $3.1 million.

πŸ”Έ Game studio Web3 Roboto Games raised $15 million in a Series A round led by a16z.
🟑 A selection of the best projects recently added to ICODrops

1. Elusiv
2. Courtyard
3. Token Flow
4. WalletConnect
5. Nifty Apes
6. Souffl3
7. Braavos
8. Notebook

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🟑 OpenSea 🀝 BNB Chain

OpenSea is officially adding support for BNB Chain, the NFT marketplace unexpectedly announced on Twitter.

"BNB Chain implementation will facilitate NFT trading for a million users," BNB Chain representatives commented

Now the site supports 6 networks at once: Ethereum, Solana, Polygon, Avalanche, Arbitrum and BNB Chain. It seems that the integration of the latter is able to shake the hegemony of Ethereum in the NFT-sector.

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🟑 We take 5 nft from Sui Ecosystem

✨ Sui Ecosystem supports projects built on Sui, also the project supports Sui from Mysten Labs

❗️What are we doing?
πŸ”ΈGo here.
πŸ”ΈOpen each NFT page one by one.
πŸ”ΈFollow the tasks.
πŸ”ΈMint NFTs

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πŸ“† News for Today ( November 30, 2022)

πŸ”Έ Animoca Brands plans to launch a fund of up to $2 billion to invest in meta universes.

πŸ”Έ Binance bought Japan's Sakura Exchange BitCoin.

πŸ”Έ FTXβ€€US users will get back 100% of funds, FTX users will get 25%.

πŸ”Έ Uniswap launched trading NFT.

πŸ”Έ Brazil voted to recognize BTC as a payment instrument.
🟑 Cryptocurrency exchange Kraken laid off about 1,100 employees, or about 30% of its staff, to "adapt to current market conditions.

❗️"In response, we have slowed our hiring efforts and avoided large marketing commitments. Unfortunately, the negative impact on the financial markets continues, and we have exhausted our preferred options to bring costs in line with demand," Powell said.

πŸ”ΈKraken will continue to pay laid-off employees' salaries for 16 weeks and provide them with free health care for four months. The company will also pay their bonuses, provide employment assistance and visa support if needed.

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🟑 WaitList from the PhantomπŸ™ˆ Wallet

Phantom is a well known SOLAana wallet, they have now announced the addition of the ERC-20 and Polygon networks to their wallet. In honor of this, they are launching wl.

❗️ What and how.

1) Go to the website
2) Leave the details.
3) Wait for announcements.

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Monthly Spot Exchange Volume Increased by 23% in November

In November 2022, the monthly spot exchange volume (adjusted) of major exchanges showed an increase of 23% from the volume registered in October: $618B β€”> $760B. Kraken recorded the highest increase in spot trading volumes among major exchanges.

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πŸ“† News for Today ( December 01, 2022)

πŸ”Έ Hooked went 20x+ from Binance Launchpad.

πŸ”Έ Axelar announced a token drop.

πŸ”Έ Stripe launches Onramp, a fiat-to-crypto exchange platform.

πŸ”Έ Italy will introduce a 26% tax on cryptocurrency profits.

πŸ”Έ BlackRock disclosed that it lost $24 million on the FTX crash

πŸ”Έ Apple blocked the latest Coinbase Wallet update because of a feature that allows users to send each other NFTs.

πŸ”Έ The Fleek platform raised $25 million in a Series A round led by Polychain Capital.

πŸ”Έ Pearpop raised $18 million in a Series A round.
🟑 The DeFi Ankr protocol reported a massive hack

πŸ”ΈDecentralized finance projects in the BNB Chain network remain popular targets for hackers. In the Anrk protocol hack, attackers released 20 trillion aBNBc tokens.

πŸ”ΈThe name aBNBc token stands for Ankr Reward Bearing Staked BNB - users receive these tokens for staking BNB coins in the protocol. The hacker has already exchanged some of the proceeds using the decentralized exchange Uniswap, the Tornado Cash mixer and various interconnect bridges. He received about 5 million USDC.

πŸ”ΈThe rate of the aBNBc token collapsed by 99.5% amid the hack. Another hacker took advantage of this. He exchanged 10 BNB for 183,384.92 aBNBc, then exchanged them for hBNB tokens and transferred them to the Helio protocol. Here he received a $16 million loan in BHAY0 stabelcoins and exchanged the tokens for hAY0. As a result, he made a significant profit, and the exchange rate of the HAY stabelcoin fell to $0.2.
🟑 AppStore blocked Coinbase Wallet update over NFT transactions

❗️The iOS app store insists it should receive 30% commission on the gas users pay for digital token transactions

πŸ”ΈThe Coinbase Wallet team says those who understand how NFT and blockchain work can clearly see that this is impossible. That's because the gas payment goes to the transaction processor, not any of the parties to the transaction or the developers. Also, the payment system in Apple's apps does not support cryptocurrencies.

πŸ”ΈThe developers of the wallet expressed the hope that such a move is just an omission on Apple's part, and they are ready to help the company sort out the issue.
🟑 Getting Joint tokens from Joint Protocol project.

Joint Protocol is a decentralized P2P protocol for exchanging cryptocurrency and cash. Now the project has started giving away its Joint tokens, for doing simple tasks.

❗️Instruction:

▫️Go to the website,then connect your wallet.
▫️Fulfill all tasks.
▫️Customize level 5 and share the pool of 2 million Joint tokens.

πŸ“† Deadline: December 9.

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πŸ“† News from Today ( December 02, 2022)

πŸ”Έ Ankr, the DeFi-protocol on BNB Chain, suffered an exploit.

πŸ”Έ Avalanche goes into the Asian market.

πŸ”Έ Ethereum will shut down the Ropsten test network.

πŸ”Έ CryptoRank has launched a section tracking the reserves of centralized exchanges.

πŸ”Έ FTX Japan plans to resume withdrawals.

πŸ”Έ Binance Labs announced a $4.5 million strategic investment in Ambit Finance.

πŸ”Έ Startup Cyvers raised $8 million in a seed round led by Elron Ventures.
🟑 The Opera browser will add NFT release capability

❗️The developers of Opera have announced a partnership with the Alteon LaunchPad platform. Through the partnership, browser users will be able to issue non-interchangeable tokens quickly and cheaply.

❗️ To release NFTs, Opera users can simply drag and drop pictures or other media files into the browser window. The program will do the conversion itself and use smart contracts to upload the file to the blockchain.

❗️"Now our users will be able to create NFTs quickly and easily, without additional fees. This will push people into the burgeoning NFT industry," said Opera top manager Susie Batt.

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🟑 MetaMask co-founder and former Apple employee Dan Finley said that he fully supports the cryptocurrency industry, which decided to abandon the Apple App Store. According to the specialist, the site's current 30% tax on purchases is a direct abuse of power and monopolization.

❗️This was Dan Finley's response to the news that the Coinbase Wallet app was blocked from the App Store until it suspended the NFT token transfer feature.

πŸ”Έ It's worth mentioning that Finley is far from the first crypto-industry representative to express explicit disdain for Apple's financial policies. Earlier, the head of Epic Games Tim Sweeney and the CEO of Polygon Studios said that the introduction of the 30% tax is the real robbery.

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🟑 Getting $10 from Wombex Finance x CMC

Wombex is a reward enhancement platform for $WON (Wombat) token holders and LP contributors, built on the BNB Chain

There will be a total of 3,000 winners that will get 47 $WNX ($10)πŸ™ƒ each

❗️What are we doing.

πŸ”ΈGo here
πŸ”ΈFulfill jobs.
πŸ”ΈEnter the BSC address

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🟑 Bankman-Fried blamed the CEO of Binance for the collapse of FTX

Sam Bankman-Fried, CEO of bankrupt crypto exchange FTX, recently blamed the CEO of major trading platform Binance for the collapse of its trading platform.

He said FTX would have been "much more stable" had CZ not raised concerns about its balance sheet before promising to sell over half a billion dollars worth of FTT.

πŸ”ΈParticipants in the crypto industry were outraged by this statement, and they posted some paraphrased responses on Reddit:
"If no one was talking about the mess I created, I'd still have a job. FTX would be stable if CZ hadn't exposed our dirty work.

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🟑 Elon Musk suspected the former director of the cryptocurrency exchange FTX, Sam Bankman-Fried, of donating a huge amount to the Democratic Party of the United States.

πŸ”ΈBankman-Fried admitted that he gave financial support to the Democrats in the run-up to the November 8 parliamentary elections. However, Sam noted that he donated a similar amount to Republicans.

πŸ”Έ Interestingly, according to Opensecrets, a nonprofit research organization, the former FTX chief donated $57 million to Democrats and $22 million to Republicans.

πŸ”ΈSome social media users condemned Musk's publication and demanded proof from him.

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🟑 Genesis and DCG owe Gemini customers $900 million

πŸ”ΈCryptocurrency broker Genesis Global Capital and its parent company Digital Currency Group (DCG) owe Gemini exchange customers $900 million.

πŸ”Έ On Nov. 16, Genesis Trading (part of DCG) froze withdrawals and new loans. This came amid "increased inquiries" from clients after the FTX collapse.

πŸ”ΈThe Winklevoss twin exchange is trying to recover client assets, according to FT interlocutors. To do this, it has formed a committee of creditors.

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🟑 Bitcoin exchange Bybit to cut staff as crisis drags on

❗️Cryptocurrency exchange Bybit will cut staff as part of a business reorganization "amid a protracted bear market." Co-founder and head of the company Ben Zhou made the announcement.

πŸ”Έ Zhou also said that the exchange will try to make the process "as smooth as possible" for affected employees.

πŸ”ΈBybit joined a group of cryptocurrency industry participants who decided to downsize amid a drop in digital asset prices.

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