Mga Gabay, Kaalaman at Insight sa Crypto

Global search interest for 'NFT' surpasses 'crypto' for the first time ever

Cointelegraph Research predicts that nonfungible token sales could eclipse $17.7 billion by the end of 2021.　　For the week ending on Christmas, global searches for the term “NFT,” which refers to nonfungible tokens, have surpassed “crypto,” according to Google Trends. The sharp increase in search traffic for NFTs offers a clear indication that digital collectibles have entered mainstream consciousness, with transactions on OpenSea, the most popular decentralized platform for NFT auctions and drops, surpassing $10 billion.　　The huge increase in the demand for NFTs is evident across nearly all aspects of society. First, consumer brands such as Nike and Adidas are making their own entry into the realm of metaverse NFTs. Then, celebrities such as Snoop Dog, Grimes, Steve Aoki, Mila Kunis and Melania Trump are promoting their own NFT collections to the public. Thirdly, NFT games such as Axie Infinity and Sorare make it possible for players to learn about crypto and NFTs, as well as earn a small amount of money as a side hustle while playing video games.　　Moreover, the proceeds from NFT auctions could also go to nonprofits or charities, such as building a school for children in Uganda. Not only can crypto holders obtain fine pieces of art

2021-12-24Malalim na Pagsisid

Crypto.com Joins FTX in Buying Super Bowl Ad for 2022

Crypto.com has bought a Super Bowl ad, adding to its big sports marketing push. That makes two so far: FTX bought a spot in October. Who will buy next？　　Good luck escaping crypto on February 13 when youre watching Super Bowl 56.　　Crypto.com has bought a Super Bowl ad, the company told The Wall Street Journal today. The cost of an ad in this years game is reportedly $6.5 million for 30 seconds.　　Its just the latest move in the exchanges sports sponsorship push. Last month, Crypto.com paid a reported $700 million for the naming rights to the Staples Center, home of the NBA‘s Los Angeles Lakers. Earlier this year, the exchange also became a sponsor for Italy’s most prestigious soccer cup tournament final, the Coppa Italia final. As part of the agreement, an NFT collection was created to mark the occasion. 　　Crypto.com CEO Kris Marszalek told the WSJ that the company‘s top brass want the exchange to become one of the world’s top 20 consumer brands in the next three to five years—placing it in the company of sports and tech giants like Nike and Apple. “Going into different sports just allows me to reach everybody where they are,” Marszalek said. “Super

2021-12-23Malalim na Pagsisid

Uniswap Launches on Polygon

The popular decentralized exchange has deployed on Polygon in a bid to attract more retail traders.　　Popular decentralized exchange Uniswap and Ethereum scaling system Polygon said Wednesday that all Uniswap version 3 contracts are now deployed to the Polygon mainnet.　　The deployment comes a few days after UNI holders voted to pass a governance proposal approving the deployment. The price of MATIC and Uniswaps UNI token were higher on the news, with MATIC, the native asset of the Polygon network, hitting a fresh all-time high of $2.66 earlier today.　　“Ethereum introduced a noble vision of an open, borderless economic system accessible to everyone,” Mihailo Bjelic, co-founder of Polygon, told CoinDesk in a Telegram chat. “With the increased usage, fees on Ethereum layer 1 have effectively ‘priced out’ most of the users.”　　The Polygon version of Uniswap aims to change that, he added.　　“With this deployment, Uniswap as the flagship Ethereum application returns back to the original vision and again offers low fees and open access to everyone,” Bjelic said.　　As the largest DEX by trading volume, Uniswap is already deployed on two companion, or layer 2, systems, Arbitrum and Optimism. According to data from Defi Llama, about $62.19 million in value is locked on Uniswap on

2021-12-23Malalim na Pagsisid

Coinbase Snitches on "Father of Terrorism" for Trading Cryptocurrency

An extremist calling himself the “Father of Terrorism” has been jailed for the third time after crypto exchange Coinbase ratted him out, reports the BBC.　　Police busted Khuram Iqbal in a raid on his Cardiff home in August, seizing his mobile phone.　　The phone had both Coinbases app and dark web browser Tor installed — violating a 10-year notification order which demanded police know about his Coinbase and email accounts.　　Police learned of the convicted terrorists crypto activity after Coinbase flagged his accounts with authorities.　　Iqbal reportedly admitted to using crypto but denied his dark web activities.　　Iqbal made 392 cryptocurrency transactions between November 2017 and March 2021.　　He bought around £12,000 ($16,000) worth of crypto.　　Iqbal transacted three times on the dark web in January last year.　　Prosecutor Paul Jarvis said he operated “under the radar of police” by using two email addresses and crypto trading accounts.　　Jarvis added there was no “lawful reason” for his actions on the dark web.　　Iqbal was last released from prison in 2016 after a two-year stint for disseminating terrorist publications and possessing terrorist information.　　Hed previously made two failed attempts to join Al-Qaeda. Iqbal flew to Turkey in 2011 and then Kenya a year later.　　After being deported from Kenya, he was enrolled into

2021-12-23Malalim na Pagsisid

Biggest NFT Drops And Sales In 2021

Discover Cointelegraphs top picks for nonfungible token projects with the largest trading volume and communities.　　Nonfungible token, or NFT, became such a tech buzzword in 2021 that even Collins Dictionary declared the abbreviation its word of the year and Google searches for NFTs spiked to record levels.　　Behind the term is a market that approaches $17 billion, according to Cointelegraph Research. And the NFT marketplace OpenSea is responsible for processing most of these transactions, with a trading volume that recently surpassed $10 billion.　　NFTs potential reaches far beyond art to include music, sports collectibles and video games, while its utility encompasses ownership as well as exclusive access to unique functions and features.　　From CryptoPunks and Beeple‘s collage to NBA Top Shot and RTFKT, the following collections stood out, not only in numbers but for their growing communities. As we wrap up 2021, let’s take a look at the top 10 collections and sales in NFTs this year.　　CryptoPunks, Larva Labs　　CryptoPunks are the OG of NFTs, according to DappRadar. The collection launched back in 2017 before the ERC-721 NFT standard existed. Larva Labs released all 10,000 punks for free to Ethereum users and since then, CryptoPunks popularity and value on the secondary market have boomed.　　In June

2021-12-23Malalim na Pagsisid

Did Coinbase CEO Steal a Blockchain Startup's Work?

Brian Armstrong is currently being accused of stealing the works of blockchain startup MouseBelt Labs, which invested in Knowledgr, an academic research platform designed to reward participants in cryptocurrencies. 　　Per a lawsuit filed by MouseBelt with the Superior Court of the State of California recently, Armstrong was accused of stealing the works it invested in Knowledgr as a way to quash the platforms competition over his own personal secret project, ResearchHub, which offers a similar operational model.　　According to the claims filed, Armstrong offered an opportunity to Knowledgr founder Patrick Joyce to invest in Knowledgr and list the platforms tokens on the Coinbase exchange. Beyond the promises and investments made, MouseBelt claimed Armstrong did not help Knowledgr in its launching attempt; rather he used his insights into the platform to dilute its investments, which proves to be an antitrust violation.　　“It was Armstrong‘s and the other Defendants’ intent to steal MouseBelt‘s work for themselves, to not only eliminate a potential competitor but to obtain for ResearchHub the benefits of the financial, design and technical resources MouseBelt put into Knowledgr, thereby allowing ResearchHub to launch sooner at less cost a successful platform based entirely or substantially on MouseBelt’s work,” MouseBelt alleges in its

2021-12-22Malalim na Pagsisid

Crypto Salaries Become a Popular Way to Attract Young Talent

According to Gerrits, he‘s earned more than what he would’ve made in cash due to crypto price changes. However, it doesnt just always go up. He said that he lets it be and finds joy when the prices go up, but the fun ends when prices go down.　　Since his bills are covered by other income, he considers his crypto an investment. “Why not take the chance or the opportunity to kind of strike it rich, get some money out of it？” he questions.　　Meanwhile, 29-year old Brown sells art on Rarible, a platform that lets you receive ETH as payment for your digital art. Brown is optimistic that this will provide better results in the long run. “Its almost like licensing, so every time someone uses your art, you gain a percentage,” she said. Brown also mentioned that she wants to see the words “starving artist” as “a thing as of the past.”　　In 2021 alone, many reports have shown that athletes are getting paid in crypto. In August, soccer star Lionel Messi received fan tokens for his deal with Paris Saint-Germain. In November, National Football League players Odell Beckham Jr. and Aaron Rodgers chose to accept crypto payments. The former said

2021-12-22Malalim na Pagsisid

FTX US Lands Major US Sports Partnership

FTX US is now looking forward to working with one of the leaders in sports and entertainment.　　‍　　FTX US Plays in DC　　FTX US has signed a partnership with Monumental Sports & Entertainment (MSE), proprietor of four professional sports teams in the nation‘s capital. The deal will make FTX US the official cryptocurrency exchange and Non-Fungible Token (NFT) partner with the Washington DC Wizards men’s basketball team, the Mystics womens basketball team, the Go-Go basketball team, and the Capitals hockey team. 　　The multi-year deal announced on December 20 also gives the exchange access to e-sports teams Washington District Gaming and Caps Gaming, as well as the Capital One Arena in DC. The heavy sponsorship of teams in the nations capital would appear to be a strategic choice on behalf of the exchange.　　“FTX is very much focused on being, you know, the adult in the room, in terms of working with regulators and helping wherever we can to push the industry forward in the right way,” FTX.US Vice President of Business Development Avinash Dabir told CoinDesk in an interview on December 20th. “To be able to have a presence in D.C. in this manner goes hand-in-hand with our desire to work with everyone

2021-12-22Malalim na Pagsisid

Aleph.im Partners With Ubisoft

Ubisofts initial introduction to nonfungible tokens was met with critical backlash from the gaming local area. Presently, its seeking after “dynamic NFTs” with aleph.im.　　Recently, gaming monster Ubisoft joined the aleph.im network as a center channel hub administrator later the blockchain-based storage and processing startup turned into a piece of Ubisofts Entrepreneurs Lab. On Tuesday, aleph.im declared that it will offer a decentralized storage answer for Ubisoft Quartz to additional join nonfungible tokens (NFTs) into Ubisofts AAA games.　　Players will actually want to secure dynamic NFTs called Digits on Quartz that will be utilized in Ubisofts Tom Clancy Ghost Recon Breakpoint game. Players can utilize Digits in-game and can likewise put them on special on Rarible and Objkt commercial centers for others to purchase. The metadata and the historical backdrop of the thing will be freely accessible.　　Aleph.ims innovation empowers players to see the names and accomplishments of past thing proprietors, just as thing depictions and recordings. The upsides of aleph.ims framework incorporates safely putting away the NFT metadata on a completely decentralized storage network of more than 70 hubs, permitting all NFT possession to be followed on the Tezos blockchain.　　Ubisoft and aleph.im guarantee they are cooperating to challenge generally static NFTs and

2021-12-22Malalim na Pagsisid

Chinese Companies Embark on a Metaverse Trademark Race

Despite the Chinese central banks proposal to monitor the Metaverse and NFTs, companies such as Tencent and Huawei are pursuing metaverse-related trademarks.　　Even though the People‘s Bank of China’s (PBOC) warning on metaverse and nonfungible tokens (NFTs) in November, more than a thousand Chinese companies have submitted thousands of metaverse-related trademark applications.　　In a summit back in November, Gou Wenjun, the PBOCs AML and Analysis Center Director, warned about the dangers of digital assets. According to Gou, because virtual assets have no physical basis, they can be used for illegal financial activities. Gou cited activities such as “illegal fundraising, pyramid schemes and fraud.”　　However, ignoring the PBOCs warnings, Chinese companies rushed to register metaverse-related trademarks such as “metaverse satellite” and “metaverse exhibition.” According to the South China Morning Post, more than 1,360 Chinese companies submitted 8,534 trademark applications related to the metaverse by Sunday.　　Most of the companies that applied for trademark registrations are tech firms. This includes big companies like Huawei and Hisense. The former applied to register “Meta OS” while the latter applied with several trademarks in various areas like social services, advertising and science. Gaming and tech giant Tencent also joined in, having registered almost a hundred metaverse-related trademark applications including

2021-12-21Malalim na Pagsisid

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