Binance Launches Refugee Crypto Card for Displaced Ukrainians

Binance said that it has launched the Binance Refugee Crypto Card (BRCC) for Binance users from Ukraine who were forced to move to the European Economic Area (EEA) countries due to the ongoing war with Russia.  The BRCC has been designed to allow displaced Ukrainians to make crypto transactions and complete purchases at EEA retailers.  Helen Hai, Head of Binance Charity, said: “at such a difficult time for Ukraine, its clear that cryptocurrencies are useful as they offer a fast, cheap and secure way of transferring funds to help people with their urgent financial needs.”  The BRCC has been created in partnership with Contis - a pay-tech solutions company.  Local non-profit organisations from the EEA have been working with Binance Charity to help in assisting refugees with the BRCC.  Local non-profit organisations will help in verifying refugees for the BRCC, who will receive 75 BUSD (US$75) in the card per month for three months in line with recommended donation levels by UNHCR, the UN Refugee Agency.   Binance has said that the BUSD cryptocurrency will automatically be converted to local currency during the card payment.  However, in order to obtain a BRCC, refugees must use an existing account registered in Ukraine or register a new Binance account

2022-04-29Malalim na Pagsisid

BoomBit Introduces BoomLand, a Blockchain-based Gaming Platform

BoomBit has developed BoomLand, a leading blockchain gaming platform where players and game developers may earn NFTs and cryptocurrencies in the form of $BOOM and $BGEM tokens.  On the gaming platform, gamers can communicate directly with game producers, resulting in the creation of a new Web 3.0 ecosystem with its own own Metaverse and Marketplace.  According to the company, the debut of BoomLand is a result of the high demand for high-quality video-based games in the present blockchain game.  BoomLand founders Hannibal Soares and Marcin Olejarz stated that the company has released over 200 games with over 1 billion downloads in the last decade. And I hope that this level of success may be extended to the blockchain game.  While the “Play and Earn” blockchain gaming sector is still in its infancy, the BoomLand team estimates it has reached a whopping $21 billion valuation.  The next big possibility for Web3 and blockchain is play-to-earn (P2E), often known as GameFi.  P2E is a prominent business model that continues to exist in the blockchain game world, integrating both Web3 and blockchain, and corresponds to the F2P (Free to Play) model that is common in the real world of the game industry.  As a reminder, WikiBit is ready to help

2022-04-29Malalim na Pagsisid

JustCarbon DAO Partners with Multi-Exchange Platform

JustCarbon, a carbon action marketplace, has announced a multi-exchange platform cooperation with DigiFinex, Coinsbit, LAToken, and Coinstore, indicating a bid for market dominance in the carbon market.  JustCarbon Removal tokens (JCRs) are available on each exchange as part of the collaboration. One JCR is formed after a tonne of carbon is removed from the earths atmosphere, according to the corporation. 1 JCR is currently valued at $25 per tonne.  JustCarbon is a decentralized autonomous organization (DAO), which means that it is not managed by a single individual or governmental entity.  To commemorate this collaboration, Justcarbon has offered a one-time campaign to bring the DAO community together.  It stated that for every JCR purchased, purchasers will receive ten JustCarbon Governance tokens (JCGs) and will earn a voice and voting rights in the administration of the JustCarbon DAO (Decentralized Autonomous Organization), which will take over governance of JustCarbon within 6-12 months.  JustCarbon will also host an auction for JCGs from May 17 to 20 to determine an initial value before the complete ecosystem goes online on May 23 and JCGs are available for purchase on the open market.  JustCarbon co-founder John Auckland stated, “Blockchain can enable a future proof circular economy, which is a critical component of JustCarbons

2022-04-29Malalim na Pagsisid

Is Moonbirds NFT Collection the New Bored Ape Yacht Club?

The launch of Non-Fungible Tokens (NFTs) is considered the prominent trend in the revolution of digital arts through blockchain technology featuring these digital artworks.  NFT Collections come off as one of the avenues through which digital artworks are presented to the public, and thus far, Moonbirds NFTs Collection is making waves as a bluechip NFT in just about a week since they were launched.  In a recent move, The Sandbox, another prominent NFT and metaverse development startup, purchased Moonbirds NFT #2642, one of the rarest in the collection, for the sum of 350 ETH, approximately $1 million, over the weekend. While this is not the first time an investor will price and acquire an NFT for such a huge amount of funds, the move is notably shocking for a collection that has not showcased its value by standing the test of time.  However, Kevin Rose, the brain behind the Moonbirds NFT collection, is working to deliver value to holders of the Moonbirds collection over time. Riding on the success of his previous Proof Collective NFT, Kevin said he and his team operating through the Proof Media startup will create a staking feature around the Moonbirds NFTs, thus giving holders additional value over time.  In

2022-04-28Malalim na Pagsisid

Dogecoin Skyrockets after Musk Announces Acquisition of Twitter for around $44bn

Dogecoin was last up to more than 20% after Elson Musk, the new boss of Twitter officially announced the acquisition of the social media platform for $54.20 per share (about $44 billion in total).   Twitters share rose 5.66% on Monday and is currently trading at around $51.7, up 0.41% to $51.91 after hours.  If all goes well, the transaction is expected to close within this year.  Apart from the acquisition, Dogecoin, an altcoin cryptocurrency founded in 2013 based on the popular Doge meme and is one of the more colourful coins on the cryptocurrency spectrum, also benefits from the accuqistion.  According to data from CoinMarketCap, at the time of writing, the meme cryptocurrency has gained about 17.58% over the past 24 hours, and is currently ranked 10th by market cap with a market cap of $19,983,688,904.  As a strong advocate of Dogecoin (DOGE) and other Shiba Inu-themed meme coins, his post propelled Dogecoin to an all-time high of 67 cents last May.  Musk tweeted “Dog Daddy on SNL on May 8” and announced that he would be hosting “The Saturday Night Show” as “Dog Daddy.” The tweet rekindled positive investor sentiment towards Dogecoin, the meme-based cryptocurrency quickly surging more than 30%.  In a statement Monday, Musk

2022-04-28Malalim na Pagsisid

Crypto Exchange Kraken to Launch in UAE

U.S.-based cryptocurrency exchange Kraken expands to the UAE, and open a regional office in Abu Dhabi.  Kraken will be the first cryptocurrency exchange in the UAE to be able to trade cryptocurrencies directly, after obtaining full licenses from ADGM, Abu Dhabi Global Market, and the UAE to operate regulated trading platforms, the company said.  According to Chainalysis, the Middle East is currently one of the fastest-growing regions for the cryptocurrency business, with an annual transaction volume of up to $25 billion.  In the next five years, 67% of residents in the United Arab Emirates (UAE) are interested in entering the crypto space, according to a survey by British market research and data analytics firm YouGov.  Krakens managing director Curtis Ting said it would make sense to offer a dirham pair of virtual asset platforms to investors in the region and added that:  “For us, its really important to facilitate access to global markets and global liquidity by making sure that investors and traders in the region have access to local currencies.”  Having set its eyes on becoming a blockchain capital, the UAE is setting the ball rolling by establishing a legal framework to aid the operation of crypto-based and blockchain companies.  Kraken provides crypto to fiat trading

2022-04-28Malalim na Pagsisid

Twitter Nearly Close a deal selling to Elon Musk, Will Memecoins Soar?

Negotiations between Elon Musk, the CEO of Tesla Inc., and Twitters eleven-member board were in high gear on April 25. Musk eyes purchasing the social media giant and making it private.  Musk has already floated a $46.5 billion offer as he seeks to gain full ownership after he recently attained a 9.2% ownership stake of Twitter. Per the announcement:  “The two sides were discussing details including a timeline to close any potential deal and any fees that would be paid if an agreement were signed.”  The turning point arose after Musk offered $54.20 per share, making the Twitter board members seriously consider his bid.   According to Real-Time Billionaires by Forbes, with a net worth of $269.7 billion, Elon Musk is the worlds richest man.   Musk has at least 83 million followers on Twitter, and his quest to own the social media giant is driven by the urge to “transform” the firm into a “platform for free speech around the globe.”  How will this development affect the crypto market?  As a strong advocate of Dogecoin (DOGE) and other Shiba Inu-themed memecoins, Musk‘s crypto influence has gone unnoticed as his tweets often make prices soar. He had previously opined that Dogecoin was the people’s crypto.   After Musk

2022-04-28Malalim na Pagsisid

Hong Kong's Regal Hotels Announces Entry into Metaverse with Project MetaGreen

Hong Kongs Regal Hotels Group has announced its entrance into the metaverse with project MetaGreen, scheduled for completion by October 2022.  Regal Hotels has said that MetaGreen is a project to build an environmental, social and governance (ESG) themed plot of “LAND” in Animoca Brands subsidiary, The Sandbox - a decentralised gaming virtual world.  Regal Hotels has purchased a group of individual lands merged into a larger parcel or “estate” LAND NFT to create MetaGreen. It will be the first green city metropolis ecosystem where people can harness blockchain, tokenisation, GameFi, play-to-earn and non-fungible tokens (NFTs).  The Sandbox announced in January that it has created Mega-City - a cultural hub - following a successful partnership with multiple Hong Kong partners from various sectors.   It said that the partners joined The Sandboxs virtual real estate by acquiring LAND NFTs similar to the one secured by Regal Hotels in the open metaverse.  Prominent partners include Hong Kong tycoon Adrian Cheng, alternative investing leader Sun Hung Kai s pioneering decarbonise-to-earn model will be released in the coming months. Regal hotels also has plans to invite additional ecosystem partners to join its initiative.  Last week, Animoca Brands entered a joint venture with Planet Hollywood Group.  Blockchain.News reported that MetaHollywood aims

2022-04-28Malalim na Pagsisid

a16Z to Establishe Crypto Research Lab

Wallet Street Venture Capital firm, Andreessen Horowitz (a16Z), announced establishing its own crypto research lab to conduct blockchain-related academic research.  Led by Tim Roughgarden, adjunct professor of computer science at both Stanford and Columbia, and Dan Boneh, professor of computer science and electrical engineering at Stanford, the lab will combine academic theory and practice to address the environmental problems currently caused by the crypto industry as a whole Discuss and experiment with corresponding solutions.  Andreessen Horowitz said that:  “The crypto and Web3 sector has emerged as a new frontier in technology, and it has matured into an independent field of knowledge that brings together elements of computer science, economics, finance, and the humanities.”  a16Z has rallied investors for a $4.5 billion dual fund targeted at making strategic investments in the cryptocurrency ecosystem.  While the a16Zs plans have not been made public yet, the company is well known for a related fundraiser in the ecosystem. The company pulled $2.2 billion from investors back in June last year to create the Crypto Fund III, the largest at the time.  As a reminder, WikiBit is ready to help you search the qualifications and reputation of projects in a bid to protect you from hidden dangers in this risky industry!  iOS:

2022-04-27Malalim na Pagsisid

XVI Citizens to Introduce 16 Personalities as NFTs

The idea of 16 Personalities is turning into non-fungible tokens (NFTs) and entering the metaverse for the first time through the XVI Citizens project.  16 Personalities is a widely used questionnaire that can help determine how a person interacts with the world and make decisions. The personality test has also become popular among companies worldwide for evaluating and hiring employees.  The NFT collection will be human-themed and will run on the Solana blockchain, XVI Citizen said.  The collection is a total of 1,616 XVI Citizens NFTs, which are unique and each one represents one of the 16 Personalities types.  XVI Citizens key objective for the project is to create an NFT that can represent an owners personality.  According to XVI Citizens website, “future utilities and perks can be unlocked by the community through roadmap activation.”  Currently, the company is also collaborating with businesses in different industries, including coffee shops, learning platforms, shopping platforms, charity organizations, fashion brands, and more.  While in the metaverse, the project is aiming to connect people around the world who share the same values through their NFTs which represent their personalities.  XVI Citizens will be hosting a “Matchmaker” event on April 29, 2022 - the first matchmaking game in the metaverse which will also

2022-04-27Malalim na Pagsisid
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