Smart Beast is going viral on twitter and already considered as one of the biggest project of 2022 but the marketing has not even started.
The quality of the artwork backed by a genius duo of artists put the project as one of the fastest growing 3D project of the moment. You’ll probably recognize their art in your everyday life (TV and Video Games).
Smart Beast offers disruptive ways to apprehend NFTs as something even bigger than art. Holders will become shareholders of blooming blockchain-based projects.
Make sure to join their Discord today: https://discord.gg/smartbeast
The quality of the artwork backed by a genius duo of artists put the project as one of the fastest growing 3D project of the moment. You’ll probably recognize their art in your everyday life (TV and Video Games).
Smart Beast offers disruptive ways to apprehend NFTs as something even bigger than art. Holders will become shareholders of blooming blockchain-based projects.
Make sure to join their Discord today: https://discord.gg/smartbeast
⚡️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
🔥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
Billionaire Bill Ackman calls for crypto clarity in New York.
Billionaire Bill Ackman has called upon the city authorities to ensure that more innovators don’t migrate because of the regulatory hurdles.
Billionaire investor Bill Ackman has called upon New York City mayor to look into the crypto regulatory clampdowns associated with BitLicense.
A New Yorker shared his aghast on Twitter about the flawed crypto policies of the city and how it could force him to leave it. The user lashed out at the Bitlicense policy of the city and claimed he could not open an account with any major United States exchange for his venture capital firm because of it.
Bitlicense was introduced in 2015 that governed various aspects related to crypto issuance and exchange. Any virtual currency business operating in the state of New York or managing such investments from residents of New York must obtain the license before starting operations. However, major crypto platforms are concerned as strict licensing requirements caused some to move out.
Billionaire Bill Ackman called upon newly elected city Mayor Eric Adams and Governor Kathy Hochul to look into the growing regulatory concerns. He stressed removing regulatory barriers and easing regulations could be key to making the city a crypto hub. He said:
Eric Adams, the newly elected Mayor who ran the elections with crypto as the main agenda, has also come under fire recently for advocating against Bitcoin (BTC) mining in the state. During a local government budget hearing with elected officials in Albany, Adams said he supports cryptocurrency but not crypto mining.
While many politicians over the past couple of years have shown great interest in the crypto industry and many politicians running for an election have made crypto a central agenda of their campaign. However, a majority of them seem to be using crypto just as a campaign tool.
Billionaire Bill Ackman has called upon the city authorities to ensure that more innovators don’t migrate because of the regulatory hurdles.
Billionaire investor Bill Ackman has called upon New York City mayor to look into the crypto regulatory clampdowns associated with BitLicense.
A New Yorker shared his aghast on Twitter about the flawed crypto policies of the city and how it could force him to leave it. The user lashed out at the Bitlicense policy of the city and claimed he could not open an account with any major United States exchange for his venture capital firm because of it.
Bitlicense was introduced in 2015 that governed various aspects related to crypto issuance and exchange. Any virtual currency business operating in the state of New York or managing such investments from residents of New York must obtain the license before starting operations. However, major crypto platforms are concerned as strict licensing requirements caused some to move out.
Billionaire Bill Ackman called upon newly elected city Mayor Eric Adams and Governor Kathy Hochul to look into the growing regulatory concerns. He stressed removing regulatory barriers and easing regulations could be key to making the city a crypto hub. He said:
Eric Adams, the newly elected Mayor who ran the elections with crypto as the main agenda, has also come under fire recently for advocating against Bitcoin (BTC) mining in the state. During a local government budget hearing with elected officials in Albany, Adams said he supports cryptocurrency but not crypto mining.
While many politicians over the past couple of years have shown great interest in the crypto industry and many politicians running for an election have made crypto a central agenda of their campaign. However, a majority of them seem to be using crypto just as a campaign tool.
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
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
FBI warns against rising crypto romance scams during Valentine's week.
In 2021 alone, victims within the FBI San Francisco division’s territory lost more than $64 million to romance scams, compared to just over $35 million in 2020.
The United States Federal Bureau of Investigation (FBI) has issued a warning against the rise in romance scams in the San Francisco Bay Area, with the latest trend involving cryptocurrencies.
Just a few days ahead of Valentine’s day, the FBI San Francisco field office alerted the public about the rise in romance scams based on the complaints filed with the FBI’s Internet Crime Complaint Center (IC3). A romance scam involves creating fake accounts and convincing unwary investors — both men and women — to transfer funds under the pretext of getting romantic. According to the information shared by the FBI:
“Victims within the FBI San Francisco division’s territory lost more than $64 million to romance scams compared to just over $35 million in 2020.”
In 2021 alone, the intelligence and security service logged 742 complaints within the Northern District of California, overshadowing the 720 and 526 complaints lodged back in 2020 and 2019 respectively.
Moreover, the IC3 received more than 23,000 complaints about confidence/romance scams in 2020 — with reported losses of more than $600 million. The FBI warning read:
“The FBI San Francisco has seen a rising trend in which romance scammers are persuading individuals to send money to invest or trade cryptocurrency.”
A typical romance scam starts off with gaining the trust of the victims who are then redirected to fraudulent platforms citing investment opportunities. While the scammers allow the investors to withdraw some profits from the initial trade as a way to prove credibility, the victims are coerced into investing more money or cryptocurrencies:
“When the victim is ready to withdraw funds again, the scammers create reasons why this cannot happen. The victim is informed additional taxes or fees need to be paid, or the minimum account balance has not been met to allow a withdrawal.”
However, the scammers typically stop responding after the victims refuse to add more funds. The FBI recommends victims of romance scams report the activities and contact their banks.
In 2021 alone, victims within the FBI San Francisco division’s territory lost more than $64 million to romance scams, compared to just over $35 million in 2020.
The United States Federal Bureau of Investigation (FBI) has issued a warning against the rise in romance scams in the San Francisco Bay Area, with the latest trend involving cryptocurrencies.
Just a few days ahead of Valentine’s day, the FBI San Francisco field office alerted the public about the rise in romance scams based on the complaints filed with the FBI’s Internet Crime Complaint Center (IC3). A romance scam involves creating fake accounts and convincing unwary investors — both men and women — to transfer funds under the pretext of getting romantic. According to the information shared by the FBI:
“Victims within the FBI San Francisco division’s territory lost more than $64 million to romance scams compared to just over $35 million in 2020.”
In 2021 alone, the intelligence and security service logged 742 complaints within the Northern District of California, overshadowing the 720 and 526 complaints lodged back in 2020 and 2019 respectively.
Moreover, the IC3 received more than 23,000 complaints about confidence/romance scams in 2020 — with reported losses of more than $600 million. The FBI warning read:
“The FBI San Francisco has seen a rising trend in which romance scammers are persuading individuals to send money to invest or trade cryptocurrency.”
A typical romance scam starts off with gaining the trust of the victims who are then redirected to fraudulent platforms citing investment opportunities. While the scammers allow the investors to withdraw some profits from the initial trade as a way to prove credibility, the victims are coerced into investing more money or cryptocurrencies:
“When the victim is ready to withdraw funds again, the scammers create reasons why this cannot happen. The victim is informed additional taxes or fees need to be paid, or the minimum account balance has not been met to allow a withdrawal.”
However, the scammers typically stop responding after the victims refuse to add more funds. The FBI recommends victims of romance scams report the activities and contact their banks.
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Binance’s Paysafe deal worries UK financial watchdog.
Binance lost access to the sterling payment network in July; however, the Paysafe partnership opened the gates to restricted services.
The Financial Conduct Authority (FCA), the top financial authority in the United Kingdom, has raised concerns over Binance’s recent partnership with Paysafe, a retail payment processor.
The U.K. financial watchdog said the latest partnership of Binance gives it access to the extensive retail payments network via Faster Payment Services, a critical service that was discontinued for the crypto exchange citing regulatory concerns. The FCA ordered Binance to halt all its services in June. Prominent banks such as Barclays have withdrawn their support to the exchange, resulting in the suspension of banking services.
Binance managed to facilitate its consumers with Sterling deposits again and reopened Single Euro Payments Area transfers on Jan. 26 after its partnership with Paysafe. This has become a cause for concern for the financial watchdog, which has deemed the exchange as a “significant risk.” However, the financial regulator also noted that it has little say in these kinds of partnerships, reported the Financial Times.
“Paysafe is aware of our concerns and is subject to close ongoing supervision consistent with our approach for firms of its size. We cannot comment further,” FCA noted.
The crypto exchange has maintained that it has been working with the FCA post-warnings to become a compliant exchange in the country. Binance and Paysafe didn’t respond to requests for comments from Cointelegraph at the time of publishing.
Binance’s regulatory trouble in 2021 started in the U.K where regulators issued multiple compliance warnings against the crypto exchange followed by an order to shut down operations. This was followed by similar regulatory warnings from Hong Kong, Thailand, the Cayman Islands, Japan and others. The crypto exchange giant managed to mend its relationship in several Asian nations by the end of the year.
Binance lost access to the sterling payment network in July; however, the Paysafe partnership opened the gates to restricted services.
The Financial Conduct Authority (FCA), the top financial authority in the United Kingdom, has raised concerns over Binance’s recent partnership with Paysafe, a retail payment processor.
The U.K. financial watchdog said the latest partnership of Binance gives it access to the extensive retail payments network via Faster Payment Services, a critical service that was discontinued for the crypto exchange citing regulatory concerns. The FCA ordered Binance to halt all its services in June. Prominent banks such as Barclays have withdrawn their support to the exchange, resulting in the suspension of banking services.
Binance managed to facilitate its consumers with Sterling deposits again and reopened Single Euro Payments Area transfers on Jan. 26 after its partnership with Paysafe. This has become a cause for concern for the financial watchdog, which has deemed the exchange as a “significant risk.” However, the financial regulator also noted that it has little say in these kinds of partnerships, reported the Financial Times.
“Paysafe is aware of our concerns and is subject to close ongoing supervision consistent with our approach for firms of its size. We cannot comment further,” FCA noted.
The crypto exchange has maintained that it has been working with the FCA post-warnings to become a compliant exchange in the country. Binance and Paysafe didn’t respond to requests for comments from Cointelegraph at the time of publishing.
Binance’s regulatory trouble in 2021 started in the U.K where regulators issued multiple compliance warnings against the crypto exchange followed by an order to shut down operations. This was followed by similar regulatory warnings from Hong Kong, Thailand, the Cayman Islands, Japan and others. The crypto exchange giant managed to mend its relationship in several Asian nations by the end of the year.
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.
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
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.
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.
Telegram
Meta DAO Guild • ann
Site: metadao.gg
🔹P2E gaming community
🔹Unique clan system within the guild
🔹NFT rent platform
Let's build the metaverse together!
Our telegram chat: @metadao_chat
Social: https://linktr.ee/MetaDAOGuild
Partnership: @metadao_bdo
🔹P2E gaming community
🔹Unique clan system within the guild
🔹NFT rent platform
Let's build the metaverse together!
Our telegram chat: @metadao_chat
Social: https://linktr.ee/MetaDAOGuild
Partnership: @metadao_bdo
Bitpanda to provide crypto custody with the acquisition of FCA-approved Trustology.
Bitpanda said the Trustology acquisition would be the first step toward launching its prime brokerage service Bitpanda Pro.
Bitpanda, a Vienna-based crypto exchange platform, has made its maiden acquisition in the form of United Kingdom-based Trustology, a crypto custodian and wallet service provider, for an undisclosed amount.
Bitpanda will rebrand the newly acquired fintech firm to Bitpanda Custody in a bid to start its native crypto custody services focused on institutional investors. The firm plans to begin its newly announced crypto custody services by taking custody of all its assets across its retail and institutional businesses. The firm claimed it would become the largest crypto custodian by doing so.
The crypto platform’s first-ever acquisition comes after a series of fundraising rounds throughout 2021. The crypto exchange platform raised a total of $450 million in multiple funding rounds, giving it a valuation of $4.1 billion, and now the platform looks to expand its services and build a crypto brokerage ecosystem like many other leading crypto platforms.
While the official financial details of the deal weren’t made public, a spokesperson for the company told Cointelegraph that it was an eight-figure deal.
Related: Bitpanda CEO Eric Demuth Says Bitcoin Is Gold 2.0 for Millenials
The latest acquisition of a firm approved by the U.K. Financial Conduct Authority would help Bitpanda offer digital asset custody services across the U.K. and also help it expand its range of services for existing customers. The exchange platform claimed its maiden acquisition is the first step toward the launch of Bitpanda Pro, its prime brokerage services platform and an over-the-counter trading desk expected to be launched in the near future.
“Through Trustology’s technology, we will be able to offer custody solutions to all of our customers — whether retail or institutional,” Bitpanda founder and CEO Eric Demuth told Cointelegraph. He added:
“This acquisition will help us with our growth, expansion and ultimate goal: to create the leading investment platform for everyone in Europe and beyond. We will continue to create synergies between all our different services and products.”
Bitpanda started working toward Bitpanda Pro right after its last funding round of $263 million in August last year when it onboarded a former JPMorgan executive to lead its fully regulated crypto exchange. The firm plans to continue building for its brokerage services throughout 2022.
Bitpanda said the Trustology acquisition would be the first step toward launching its prime brokerage service Bitpanda Pro.
Bitpanda, a Vienna-based crypto exchange platform, has made its maiden acquisition in the form of United Kingdom-based Trustology, a crypto custodian and wallet service provider, for an undisclosed amount.
Bitpanda will rebrand the newly acquired fintech firm to Bitpanda Custody in a bid to start its native crypto custody services focused on institutional investors. The firm plans to begin its newly announced crypto custody services by taking custody of all its assets across its retail and institutional businesses. The firm claimed it would become the largest crypto custodian by doing so.
The crypto platform’s first-ever acquisition comes after a series of fundraising rounds throughout 2021. The crypto exchange platform raised a total of $450 million in multiple funding rounds, giving it a valuation of $4.1 billion, and now the platform looks to expand its services and build a crypto brokerage ecosystem like many other leading crypto platforms.
While the official financial details of the deal weren’t made public, a spokesperson for the company told Cointelegraph that it was an eight-figure deal.
Related: Bitpanda CEO Eric Demuth Says Bitcoin Is Gold 2.0 for Millenials
The latest acquisition of a firm approved by the U.K. Financial Conduct Authority would help Bitpanda offer digital asset custody services across the U.K. and also help it expand its range of services for existing customers. The exchange platform claimed its maiden acquisition is the first step toward the launch of Bitpanda Pro, its prime brokerage services platform and an over-the-counter trading desk expected to be launched in the near future.
“Through Trustology’s technology, we will be able to offer custody solutions to all of our customers — whether retail or institutional,” Bitpanda founder and CEO Eric Demuth told Cointelegraph. He added:
“This acquisition will help us with our growth, expansion and ultimate goal: to create the leading investment platform for everyone in Europe and beyond. We will continue to create synergies between all our different services and products.”
Bitpanda started working toward Bitpanda Pro right after its last funding round of $263 million in August last year when it onboarded a former JPMorgan executive to lead its fully regulated crypto exchange. The firm plans to continue building for its brokerage services throughout 2022.
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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/
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/
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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!
⚡️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!
Backed by genius Blizzard artist Ken West (League of Legends, Call of Duty, Overwatch…), Elite Wolf Society has been on Twitter for 5 days and is already taking the NFT space by storm with more than 30k followers already!
With a VERY strong, fully doxed founding team, and a great number of senior investors backing the project, we can only guess how far this collection will go.
Here are the main reasons why you should follow up on EWS:
✅
✅
✅
✅
✅
Check their roadmap here -> elitewolfsociety.com
Make sure to join their discord -> https://discord.gg/RSDbStUVP2
⚠️ As they want a truly exclusive and influential community, the supply will be strongly limited.
With a VERY strong, fully doxed founding team, and a great number of senior investors backing the project, we can only guess how far this collection will go.
Here are the main reasons why you should follow up on EWS:
✅
The Society is a private, exclusive network dedicated to the success of its members✅
It offers great business and investment opportunities✅
You can benefit from real access to their global, worldwide network, and get mentored by successful business moguls✅
Your project can (and very well may be) funded by their private community fund dedicated to in-community investment✅
A 100 000$ transfer to the wallet address owning the ultra legendary NFT of the collection.Check their roadmap here -> elitewolfsociety.com
Make sure to join their discord -> https://discord.gg/RSDbStUVP2
⚠️ As they want a truly exclusive and influential community, the supply will be strongly limited.
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💥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!
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!
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.
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 💎
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!!! 🚀🚀🚀
• Join telegram https://t.me/+ourBepjtTzxjMGRh • To qualify you MUST purchase at least .25 Eth worth or Zaddy tokenWe 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.
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.
Solana TVL and price drop 50%+ from ATH, but gaming DApps could turn the tables.
SOL price is down 48% year-to-date and data shows that its decentralized app use is fading out, but there are a few reasons to remain hopeful.
2022 has not been a good start for cryptocurrencies. To date, the total market capitalization has dropped by 21% to $1.77 trillion. Solana‘s (SOL) correction has been even more brutal, presenting a 48.5% correction year-to-date.
Solana leads the staking charts with $35 billion in value locked, which is equivalent to 74% of the SOL tokens in circulation. Multiple reasons can be identified for the underperformance including four network outages in late 2021 and early 2022.
The latest incident on Jan. 7 was attributed to a distributed denial-of-service (DDoS) attack, causing Solana Lab developers to update the code and consequently reject these types of requests.
However, investors are more concerned about the centralization caused by the costs of being a Solana validator. To achieve 400 millisecond block times, the recommended hardware includes a 12 core 2.8GHz CPU, 256 GB memory, high-speed 1 TB SSD drives and a low-latency internet connection.
Solana‘s primary decentralized application (DApp) metric started to display weakness earlier in November after the network‘s total value locked (TVL) began to linger at $15 billion.
The chart above shows how Solana‘s DApp deposits saw a 50% decrease in three months as the indicator reached its lowest level since Sept. 8. As a comparison, Fantom‘s TVL currently stands at $9.5 billion after doubling in three months. Another DApp scaling solution competitor, Terra, saw an 87% TVL hike to $23.2 billion.
On the bright side, on Feb. 21, FTX US, the American arm of the global crypto derivative and spot exchange FTX, announced a new blockchain gaming unit. It is also worth noting that Solana Ventures partnered with FTX and Lightspeed Venture on Nov. 5 to launch a $100 million fund dedicated to the sector.
SOL price is down 48% year-to-date and data shows that its decentralized app use is fading out, but there are a few reasons to remain hopeful.
2022 has not been a good start for cryptocurrencies. To date, the total market capitalization has dropped by 21% to $1.77 trillion. Solana‘s (SOL) correction has been even more brutal, presenting a 48.5% correction year-to-date.
Solana leads the staking charts with $35 billion in value locked, which is equivalent to 74% of the SOL tokens in circulation. Multiple reasons can be identified for the underperformance including four network outages in late 2021 and early 2022.
The latest incident on Jan. 7 was attributed to a distributed denial-of-service (DDoS) attack, causing Solana Lab developers to update the code and consequently reject these types of requests.
However, investors are more concerned about the centralization caused by the costs of being a Solana validator. To achieve 400 millisecond block times, the recommended hardware includes a 12 core 2.8GHz CPU, 256 GB memory, high-speed 1 TB SSD drives and a low-latency internet connection.
Solana‘s primary decentralized application (DApp) metric started to display weakness earlier in November after the network‘s total value locked (TVL) began to linger at $15 billion.
The chart above shows how Solana‘s DApp deposits saw a 50% decrease in three months as the indicator reached its lowest level since Sept. 8. As a comparison, Fantom‘s TVL currently stands at $9.5 billion after doubling in three months. Another DApp scaling solution competitor, Terra, saw an 87% TVL hike to $23.2 billion.
On the bright side, on Feb. 21, FTX US, the American arm of the global crypto derivative and spot exchange FTX, announced a new blockchain gaming unit. It is also worth noting that Solana Ventures partnered with FTX and Lightspeed Venture on Nov. 5 to launch a $100 million fund dedicated to the sector.
