Mga Gabay, Kaalaman at Insight sa Crypto

Binance Donates $10M To Ukraine And Launches Emergency Relief Fund

It is no surprise that international support for Ukraine continues to grow following the invasion by Russia.　　After Russia invaded Ukraine, experts from every sector started getting worried about worse cases. For example, cybersecurity experts started answering if a global cyberwar is about to unfold. The crypto money industry did not remain idle either.　　Binance, the worlds largest crypto exchange by volume, has announced a $10 million donation to Ukraine. Also launching an emergency fund for the affected country. On his Twitter account, CEO CZ noted, “Our focus is providing on-the-ground support. We care about the people.”　　Binances official statement about charity fund launched;　　“In response to the Russia-Ukraine crisis, we are donating US$10 million to major Intergovernmental Organizations and NGOs to provide emergency assistance to refugees and children and to provide logistical support for refugees, such as food, fuel, and supplies.”　　Crypto Industry To Support Ukraine　　The Ukraine Emergency Fund, started by Binance, has raised over $6 million in donations already. The fund is dedicated to helping those affected by recent natural disasters and violence in the Eastern European country of Ukraine.　　FTXs founder, Sam Bankman Fried, announced that he had donated 25 dollars worth of cryptocurrency to each user in Ukraine following the Russian war

2022-02-28Malalim na Pagsisid

Metaverse Altcoin Decentraland (MANA) Launches World's Biggest Virtual Fashion Show

Virtual gaming marketplace Decentraland (MANA) is set to host the first-ever Metaverse Fashion Week (MVFW) on its platform.　　Decentraland will host four days of virtual runway shows to exhibit artificial intelligence fashion and wearable tech in the form of non-fungible tokens (NFTs) by some of the most recognized fashion brands in the world – such as Tommy Hilfiger, Selfridges, Cavalli, Eli Saab, Vogue Arabia, Guo Pei and others, according to a new press release.　　MANA‘s creative director Sam Hamilton says that while fashion isn’t new to the metaverse, the demand for stylish digital clothes is booming.　　Fashion and haute couture are not new to the metaverse. Decentraland has been on the cutting edge of rare and in-demand digital fashions since the launch of avatar wearables in 2020.　　Since that time, creators have been pushing both the technical and stylistic limits of Decentraland wearables, and have created a booming economy with over $1 million in sales of avatar wearables last year.　　The immersive fashion show will take place in Decentralands new Luxury Fashion District and will feature a futuristic-looking catwalk. It will also host pop-up metaverse shops and afterparties.　　The area‘s shopping district will surround the virtual runway and is inspired by architecture from Paris’ famous Avenue

2022-02-28Malalim na Pagsisid

$18.6M in Crypto Sent to Ukraine Includes Almost $2M From NFT Sales

Thousands of people have donated millions in crypto to help support Ukraine vs. Russia.　　The tally of cryptocurrency donations sent to Ukraines government and NGOs since the start of its armed conflict with Russia is nearing $19 million, including $1.86 million from one NFT (non-fungible token) collection, according to blockchain analytics firm Elliptic.　　That total is rising rapidly as donations pour in for whats been dubbed the “worlds first crypto war.”　　The crypto war chest includes a single donation of $1.86 million that “appears to have originated,” Elliptic wrote, from the NFT collection “Censored” created by digital artist Pak and Wikileaks founder Julian Assange.　　The government of Ukraine also tweeted from its official account on Saturday that it was “now accepting cryptocurrency donations.”　　Stand with the people of Ukraine. Now accepting cryptocurrency donations. Bitcoin, Ethereum and USDT.　　BTC - 357a3So9CbsNfBBgFYACGvxxS6tMaDoa1P　　ETH and USDT (ERC-20) - 0x165CD37b4C644C2921454429E7F9358d18A45e14　　— Ukraine / Україна (@Ukraine) February 26, 2022　　Ethereum co-founder Vitalik Buterin, who earlier this week tweeted, “Ethereum is neutral, but I am not,” and called Russias invasion “a crime,” was among the many crypto leaders on Saturday who pointed followers to UkraineDAO, co-founded by Pussy Riot, Trippy Labs, and members of PleasrDAO.　　“An opportunity to support Ukrainians here!” Buterin wrote. “Proceeds go to

2022-02-28Malalim na Pagsisid

Can Seesaw Protocol (SSW) Solve Ethereum (ETH) And Binance Smart Chain’s (BNB) Congestion Issues

If there is one criticism of both the Ethereum and Binance Smart Chain blockchain, its the mass congestion both networks face, limiting the transactions that their users can accomplish.　　The likes of Solana suffered heavily in 2021 with congestion on its blockchain, which led to network outages, with one lasting for 17 hours back in September.　　With the cryptocurrency industry growing at a rapid rate and set for another big year in 2022, the performance of blockchains is of the utmost importance to allow a new generation of cryptocurrency investors to participate.　　For those waiting for a platform aiming to fix the congestion of blockchains, look no further than Seesaw Protocol (SSW).　　Despite launching just last month, the project has made a name for itself within the crypto community as it aims to bridge the blockchains of Binance Smart Chain (BNB) with Ethereum (ETH) and Polygon (MATIC).　　Its focus lies on allowing investors to use the most efficient blockchain at the time and will provide users with a quick and cheap transaction experience.　　As well as its congestion issues, Ethereum (ETH) had been known for its extortionate gas fees that had seen many flee the network in place of a more affordable blockchain to perform its

2022-02-25Malalim na Pagsisid

Bob Eco announces the first listing of Bobcoin

Bob Eco, a blockchain-powered for-profit social enterprise, has announced the first listing of the Bobcoin on Knaken, a respected and innovative exchange platform certified by the Dutch Central Bank. Knaken is mainly active in the Netherlands, Germany, and Belgium. The token listing of the Bobcoin on Knaken marks the beginning of the Bobcoin token sale on several public exchanges. 　　Bobcoin (BOBC) is an asset-backed token that applies the raised capital to purchase and produce tangible assets. Bobcoin is powered by an innovative model that combines the blockchains transparency, freedom, and flexibility with a substantial business with omnipresent, recognizable and tangible assets.　　Bob Eco incentivizes investors to hold Bobcoin by offering income from dividends, the potential for significant capital gains presented by the business growth of the ecosystem. 　　With the listing on Knaken, the launch of Bobcoin on public exchanges commences. All participants who purchased Bobcoins during the series A funding round possess tokens distributed in the defrosting process. 　　With the listing on Knaken, a respected and innovative platform certified by the Dutch Central Bank, the launch of Bobcoin on public exchanges commences. All participants that have already purchased Bobcoins on the Sto-cap possess tokens that will be distributed in the defrosting

2022-02-25Malalim na Pagsisid

Ethereum Creator Vitalik Buterin Calls Russia Invasion a 'Crime'

Buterin said he is “upset by Putins decision to abandon the possibility of a peaceful solution.”　　Vitalik Buterin is the Russian-Canadian creator of Ethereum.　　Despite his networks neutrality, hes made his political views clear.　　Ethereum co-founder Vitalik Buterin posted in his mother tongue on Wednesday that Russias invasion of Ukraine “is a crime against the Ukrainian and Russian people.”　　Wrote Buterin: “Very upset by Putins decision to abandon the possibility of a peaceful solution to the dispute with Ukraine and go to war instead.”　　After recognizing the independence of two separatist regions in eastern Ukraine earlier this week, President Vladimir Putin on Wednesday declared that Russia would conduct a “special military operation” in Ukraine, a thinly veiled reference to a full invasion. 　　Earlier this month, Buterin appealed to Putin—in Russian—to de-escalate a conflict of Russias own making, tweeting, “An attack on Ukraine can only harm Russia, Ukraine and humanity.”　　Buterin was born in Russia in the years immediately following the collapse of the Soviet Union, before emigrating with his family to Canada in 2000—the same year Putin became president. 　　Vitaliks father Dmitry has strong views about the Russian strongman. “Hes KGB, and those are the people who tortured and killed millions of Russians and Ukrainians,” he

2022-02-24Malalim na Pagsisid

Bitcoin Price Nosedives After Putin Declares War on Ukraine

Vladimir Putin said Russia would conduct a “special military operation” in Ukraine.　　The price of Bitcoin fell sharply after Russian President Vladimir Putin went on television to announced a “special military operation” to complete the “demilitarization” of Ukraine.　　All signs now point to an imminent Russian invasion of Ukraine, and there are media reports of explosions in the capital of Kyiv.　　While Ukrainians and world citizens have more pressing concerns than the price of cryptocurrency at the moment, markets are a way of quantifying anxieties, given Russias importance to the energy sector.　　According to data from CoinMarketCap, the total cryptocurrency market cap has lost roughly 5% in the last 24 hours, bringing it to $1.6 trillion. Much of those losses came in the immediate run-up and aftermath of the invasion. In under half an hour, Bitcoin plummeted from its perch of $37,000 to below $35,500.　　Its not just crypto markets that are spooked. U.S. stock markets continued further into correction territory today, with the Dow Jones Industrial Average dropping 1.38%. Asian markets, which were open during Putins announcement, are also reacting; the Nikkei is down 1% and Chinas Hang Seng Index is trading over 2% lower.　　Economist Jason Furman, a former advisor to President Barack Obama,

2022-02-24Malalim na Pagsisid

FCA Warns Companies on Crypto Mergers

The crypto market in the UK received a warning from the financial watchdog following an acquisition announcement by Bitpanda.　　The EU regulated Austrian exchange announced that it would buy DeFi custodian Trustology, which is regulated by the Financial Conduct Authority (FCA) through the Money Laundering Regulations (MLR) register.　　The acquisition is reportedly the first of its kind in the UK market.　　Bitpandas move is also a first step towards transforming its Bitpanda Pro platform into a fully-fledged prime brokerage business.　　However, shortly after the announcement, the FCA said that existing regulations for crypto firms do not include provisions.　　It allows the watchdog to assess how well new owners meet its requirements if a regulated firm is bought out. 　　“The FCA can take steps to suspend or cancel the registration of a crypto asset business if it is not satisfied the firm or its beneficial owner is fit and proper,” it said. 　　While the FCAs other regimes include the powers to supervise, authorize or enforce against firms operating in the UK.　　The FCA also further added that it could suspend or cancel a firms crypto-asset registration for various reasons, including where a firm has not complied with obligations under MLRs.　　However, a spokesperson for Bitpanda said that Trustology

2022-02-23Malalim na Pagsisid

Solana-based Programmable Cash Stream Protocol Zebec Raises $15 Million

Zebec is an instant and continuous money stream protocol on Solana.　　The company raised a $15 million Series A round led by Solana Ventures and Distributed Global, with participation from Coinbase Ventures, Alameda Research, Circle, Lightspeed and others. 　　Crypto settlement startup Zebec announced Tuesday that it raised $15 million in a Series A funding round.　　Zebec, which developed a Solana-based protocol for continuous, real-time settlement of financial transactions, raised the funds in a round led by Solana Ventures and Distributed Global. Other participants in the round included Alameda Research, Circle, Coinbase Ventures, Lightspeed Venture Partners and DST Global, among others. 　　The new funding will be used to continue scaling Zebecs protocol, according to a statement from the company.　　The idea behind the Zebec protocol is to make it easier for users to send and receive payments on an ongoing basis. Zebec launched last November on the Solana mainnet, buoyed by a $6 million funding round, along with a payroll-focused app. That round was led by Breyer Capital, Republic Capital and Shima Capital.　　“Despite all of the promise of decentralized finance and Web3, most organizations are still relying on Web2-style payments or, at best, one time wallet transfers,” said Sam Thapaliya, founder of Zebec, said

2022-02-23Malalim na Pagsisid

BiSwap Offers 24/7 Customer Support

BiSwaps commitment to a robust customer support culture is an example other platforms need to copy.　　Customer Service Pledge　　In what is a departure from the norm in the crypto industry, BiSwap has assured that it will prioritize the resolution of users issues. The platform pledged that a team comprising BiSwap Support personnel, Community drivers, and admins will work round-the-clock to provide support services for its users.　　Generally, the crypto industry is notorious when it comes to customer service: “Lose your crypto, and theres no one to help you,” we often hear. However, it seems that were beginning to see a shift towards better customer support. BiSwap stated its customer-friendly disposition on February 20:　　“Strong BiSwap Support Team t make sense to push for crypto adoption and decentralization without having a robust customer support system. Otherwise, many users could be left frustrated and more than willing to remain in the centralized financial space that boasts of efficient customer service.‍　　BSC News finds BiSwaps move laudable and one that PancakeSwap and other crypto platforms can take a cue from.‍　　What is BiSwap？　　BiSwap is the first decentralized exchange platform on the market with a three-type referral system and the lowest platform transaction fees (0.1%). It is a

2022-02-23Malalim na Pagsisid

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