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Pamilihang pandaigdig # Regulatory na inspeksyon Platforma

Nestle Launches First NFTs in the Middle East & North Africa

Nestle, a Swiss global food and beverage processing corporation, has released an unique limited batch of two non-fungible tokens (NFTs) named TRIX Globe to benefit a humanitarian cause in the Middle East and North Africa (MENA).　　Nestle issued the NFTs on Opensea.io to honor the launch of the TRIX Breakfast Cereal brand in MENA, with bidding lasting from March 18 until May 13. The money will be donated to charity.　　Cereal Partners Worldwide, Middle East bring the pleasure back into morning.　　According to Bahaa Boulmona, Brand Manager Cereal Partners Worldwide, Middle East for example, South Korean carmaker Hyundai Motor became the first to sell community-based non-fungible tokens.　　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: t.ly/UUCj　　Android: t.ly/cfYt

2022-04-20Malalim na Pagsisid

Be Media in Australia to be Acquired by Animoca Brands for Blockchain Development

Animoca Brands, based in Hong Kong, has announced that it will shortly purchase Australian digital marketing business Be Media in order to investigate potential centered on blockchain development in the country.　　Animoca Brands stated that it is working to advance its digital property rights for gaming and the metaverse.　　Be Media will be in charge of developing agreements with key Australian brands as Animoca Brands aspires to foster the establishment of the open metaverse and give digital property rights to internet users using blockchain and NFTs.　　Be Media has already began hiring for blockchain development and project management positions in order to fine-tune the concept.　　“The acquisition of Be Media will allow Animoca Brands to extend its core capabilities to support the Australian market and beyond. There are tremendous opportunities in Australia and Be Media will enhance our ability to work with companies that wish to participate in the exciting opportunities presented by the emerging open metaverse,” Yat Siu, the co-founder and executive chairman of Animoca Brands, said.　　Mr. Fogarty, Be Medias founder and CEO, stated, “I couldnt be more delighted to join Yat and Animoca Brands, the leading frontrunner in Web3 with a bold goal to help construct a genuinely open and decentralized metaverse.”

2022-04-20Malalim na Pagsisid

Gulf Energy Invests in Binance.US as Both Aim to Float a Crypto Exchange

In a letter addressed to the president of the Stock Exchange of Thailand, the countrys power generation firm Gulf Energy Development Public Company Limited unveiled its investment in Binance.US through its Hong Kong-based subsidiary, Gulf International Investment Limited.　　The investment was made following the issuance of Series Seed Preferred Stock by BAM Trading Services Inc, the startup operating the Binance.US platform. The strategic investment size was not disclosed, but the partners were very clear on the way in which the funds will be utilized to achieve both the firms long-term visions.　　“Binance.US will use the proceeds from the seed funding to expand headcount, launch ROI based marketing efforts, expand its product portfolio and make potential future acquisitions before its planned initial public offering (IPO) in 2-3 years. As such, the investment in Binance.US not only provides an opportunity for the Company to participate in one of the fastest user scale-up exchanges in the world but also realizes potential higher investment value post-Binance.US IPO,” the announcement reads.　　In a separate notice, Gulf Energy also unveiled the acquisition of BNB Tokens as a means to gain access to the Binance ecosystem. 　　As the highlight of the dual announcement shared on Monday, both firms unveiled the

2022-04-20Malalim na Pagsisid

The Sandbox, FlickPlay Collaborate to Accelerate Interoperability in Metaverse

With the metaverse expected to be worth between $8 trillion and $13 trillion by 2030, virtual world gaming platforms The Sandbox and FlickPlay have joined hands to enhance its adoption by offering players a blockchain asset.　　With the interoperability concept being at the heart of the metaverse, the blockchain asset will enable users to move freely between virtual worlds on distinctive platforms, enabling them to carry belongings like virtual clothes. 　　Pierina Merino, the CEO and founder of FlickPlay, noted that the partnership would be a stepping stone towards attaining the interoperability feature in the metaverse.　　She noted:　　“Initially, Flicky owners will unlock a version of the chameleon to use on The Sandbox, but soon they will be able to use the exact version of the digital asset stored on the blockchain in both games.”　　Sebastien Borget, The Sandboxs co-founder, welcomed the collaboration because it would offer a more immersive experience and said:　　“The integration is notable because it may be the first to bridge an NFT in the virtual world with usage linked to the physical world.”　　The metaverse continues to gain steam in the modern era because it entails shared virtual worlds where avatars, buildings, land, and even names can be bought and sold, often

2022-04-19Malalim na Pagsisid

Hyundai Emerges as First Automaker to Roll Out Community-Based NFTs

South Korean auto giant Hyundai Motor has entered the non-fungible token (NFT) market after partnering with the ‘Meta Kongz’ NFT brand to enhance its customer community and brand awareness.　　Therefore, Hyundai Motor becomes the first automaker to penetrate the NFT space with its own community, including channels on Twitter and Discord and the Hyundai NFT official website. Per the announcement:　　“The Hyundai NFT community will provide its users with the Hyundai brand experience in the metaverse by sharing NFTs depicting its mobility solutions.”　　The channels will help the Hyundai NFT community to manage the non-fungible tokens value.　　Hyundai also released a short film showcasing its NFT universe concept dubbed “Metamobility Universe” that was first rolled out at the Consumer Electronics Show earlier this year. 　　Meta Kongz is a famous NFT gorilla character, and the film reflected the ‘Metamobility’ concept, which is expected to offer a smart device-metaverse connection.　　Hyundai also intends to offer 30 limited editions of the NFTs on April 20 to commemorate the film release. 　　Profits are expected to be channelled towards community members and the projects management.　　Thomas Schemera, Hyundai Motors global chief marketing officer, acknowledged:　　“The Hyundai NFT Universe will extend the Hyundai brand experience, especially with the MZ generation, in a completely

2022-04-19Malalim na Pagsisid

NFT Trading Volume Surpasses $54B, Exceeds 200% in 2022

The non-fungible token (NFT) market continues to take the world by storm based on the notable adoption and trading volume witnessed.　　Data analytic firm IntoTheBlock explained:　　“The total volume traded by NFTs has recently surpassed 18m ETH with an aggregate value of more than $54b.”　　From the above chart, the total volume traded by NFTs stood at $16.94 billion on January 1, 2022, rising by 220% to hit the current $54.33 billion. Therefore, the NFT trading volume has grown exponentially from the beginning of the year.　　Furthermore, NFT collections in the Ethereum (ETH) network have risen in 2022. IntoTheBlock noted:　　“The number of NFT collections in ETH has increased by 104.5% in 2022. There are now a total of 80,300 collections.”　　Nevertheless, the adoption of NFTs is still in the early stages. IntoTheBlock pointed out:　　“The NFT adoption curve is just starting. Roughly only 4.5% of the ETH addresses with a balance are NFTs holders.”　　NFT market expected to grow by $147.24 billion by 2026　　According to a study by market research provider ReportLinker, the NFT market is anticipated to grow by 147.24 billion during the 2022-2026 forecast period, representing a compound annual growth rate (CAGR) of 35%. 　　Per the report:　　“The growing number of big brands entering the market,

2022-04-19Malalim na Pagsisid

Hacking Costs Beanstalk Stablecoin Protocol $80M

Beanstalk, a developing Ethereum stablecoin system, has emerged as the latest blockchain business to experience a hacker intrusion, resulting in a catastrophic $80 million loss from the platform.　　Peckshield, a blockchain security and data analytics firm, originally reported the attack on Twitter before confirming it.　　The Beanstalk Farms team acknowledged the attack and stated that it is investigating the situation and would notify the community as soon as feasible. While Peckshield estimated the loss to be roughly $80 million, it included an allowance that may effectively increase the losses. It is estimated that a total of 24,830 ETH and 36 million BEAN tokens were lost.　　Hacks and exploits have become prevalent, particularly in Decentralized Finance (DeFi) protocols. This year, the value of cybercrime employing these protocols has surpassed $1 billion, and further exploits are suspected to be in the works. The Beanstalk team stated that they are in communication with as many partners as possible, and an appeal has been issued in a second tweet to Centralized Exchanges to assist in limiting the attackers ability to use the monies stolen.　　“Were engaging all efforts to try to move forward. As a decentralised project, we are asking the DeFi community and experts in chain analytics

2022-04-19Malalim na Pagsisid

Twitter's 'The Rights Plan' Responds to Elon Musk's Takeover Bid

In the latest twist in the relationship between Tesla CEO Elon Musk and microblogging network Twitter, Twitters board of directors has voted to activate the Rights Plan in response to Musks $43 billion proposal to buy over the platform and take it private.　　The announcement was made last Friday to the US Securities and Exchange Commission.　　The Rights Plan, colloquially known as the Poison Pill, is a defensive tactic used by businesses in the event of a hostile acquisition. Its been around for decades and has been proven to work. The technique is being used to counter Musks unsolicited acquisition proposal.　　When an individual or corporation, in this example, Musk, buys more than a 15% ownership in a deal that has not been approved by the board, Twitter is forced to flood the market with its shares without its permission. As a result, shareholders can acquire more shares at a bargain while also neutralizing his shares and maintaining the board in control in the event of an unsolicited takeover. The strategy will be in effect until April 14, 2023.　　The boards approach will reduce the likelihood of an individual or company gaining control of the platform through open market accumulation without paying a control

2022-04-19Malalim na Pagsisid

Development in XRP Lawsuit As SEC Decides To End Discovery Phase With Ripple

A popular attorney who tracks and analyzes the U.S. Securities and Exchange Commissions (SEC) lawsuit with Ripple says that the top regulator has made an unexpected decision in their suit.　　The SEC sued Ripple in late 2020 under allegations that the payments firm sold XRP as an unregistered security.　　Attorney Jeremy Hogan says that he couldn‘t be more surprised by the SEC’s decision to end its discovery process, which is the point in a lawsuit where both parties exchange information otherwise not known or readily available.　　Almost NOTHING would have surprised me more than this.　　And yes, this is a very good thing. The only remaining areas of delay are the appeal regarding the Hinman emails and in general, just scheduling.　　SEC discovery is complete, and thats a big step forward.　　The Hinman emails that Hogans referring to involve documents relating to former SEC Director William Hinman, who Ripple alleges had a conflict of interest during his involvement in the beginning stages of the lawsuit.　　Hinman also made a speech in 2018 in which he stated Ethereum (ETH) was not a security.　　At the same time, the SEC has requested more time to file its objection against Judge Sarah Netburn‘s decision to overrule the regulator’s request to negate

2022-04-18Malalim na Pagsisid

No, Cryptocurrency Is Not Causing Any Ransomware Surge

Christian Devolu of Vice claims that cryptocurrency has fundamentally altered the way cybercrime is perpetrated. Previously, hackers used ransomware to steal money from big organizations; now, he claims, they are demanding cryptocurrency as payment. Crypto, he says, spawned the ransomware crisis.　　What is the difference between cryptocurrency and ransomware？　　On the other hand, the US Department of the Treasury this month produced a series of publications examining various areas of money laundering and terrorism financing. Despite the numerous risks involved with illicit financial operations, like money laundering and ransomware, they continue to feel that traditional networks and currencies are more prevalent in these areas.　　Vice examined 40 ransom payments made via money transfers between 2014 and this years January. The majority of the funds were transferred via Western Union and MoneyGram, with transactions handled by lesser-known organizations such as Ria and Wal-Mart.　　According to their estimations, Mexican criminal organizations have earned over $800 million over the last decade by kidnapping migrants. Additionally, money-transfer providers have been receiving a percentage of each transaction.　　The costs that individuals pay to be smuggled into the United States are frequently less than the ransom they would pay. American businesses also benefit from these arrangements by profiting from the coyotes.

2022-04-18Malalim na Pagsisid
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Pamilihang pandaigdig # Regulatory na inspeksyon Platforma

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