Archive for November 30th, 2022

web3 crypto

Top 10 cryptocurrencies of Web 3.0

Web 3.0 is a term used to describe the next generation of the Internet that goes hand in hand with emerging technologies such as blockchain, smart contracts, cryptocurrencies, artificial intelligence, and machine learning. You can get into this Web 3.0 by investing in a selection of top-notch projects that we will discuss shortly. What are Web 3.0 cryptocurrencies? The next generation of the Internet will come with Web 3.0. This will take things to the next level, with a strong focus on emerging technologies such as: Web 3.0 will be made up of all of the above technologies and phenomena. And, if you want to invest in the broader growth of this industry, you can buy Web 3.0 cryptocurrencies like the ones we will discuss below, as they will be at the heart of the Web 3.0 ecosystem. The top 10 cryptocurrencies with a strong connection to Web 3.0 are the following: 1. Tamadoge One of the most interesting projects that are still in the pre-sale phase is Tamadoge. An ecosystem with a roadmap that bets on longevity with the development of the Metaverse, NFTs, and augmented reality applications. Its utility token is the TAMA, used in the platform to grant rewards and move the project, this token works under the ERC-20 protocol over the Ethereum network and is characterized by being deflationary. The game consists of minting Tamadoge pets as baby NFTs, once they grow up they will be able to fight to earn points and finally be rewarded with TAMA on a monthly and recurring basis. 2. Battle Infinity Battle Infinity is a decentralized project that provides users and creators with the Battle Arena space, a metaverse platform that has deployed 6 different P2E games that users can participate in and players can purchase virtual terrain plots structured as NFTs in games. P2E with IBAT. At the center of Battle Infinity is IBAT, the platform’s utility token. Which are built on Binance Smart Chains (BSC) and work as a BEP-20 protocol. The tokens act as in-game rewards for participants, and can also be wagered in global liquidity pools in exchange for other cryptocurrencies. 3. Ethereum Ethereum belongs to the best accessible Web 3.0 projects. The reason is that Ethereum is at the heart of the Web 3.0 ecosystem as we know it today. Another fundamental aspect of the Ethereum ecosystem is that it enables anyone, including Web 3.0 projects, to produce and deploy smart contracts. Furthermore, Ethereum, which was first launched in 2015, is one of the best-performing cryptocurrencies in recent years. For example, in a period of 5 years, the cost of Ethereum has increased by almost 5,000%. 4. Uniswap A term you constantly come across when searching for the best Web 3.0 cryptocurrencies to trade is “decentralization.” And, in the Uniswap situation, this top-notch plan is at the heart of the decentralized business. This is because the Uniswap platform which is built on top of the Ethereum blockchain that we have already talked about makes it possible for people from all over the world to trade and sell cryptocurrencies in a decentralized way. 5. Basic Attention Token Currently, marketing agencies pay websites to display their ads, but none of that revenue reaches those who view the right material and this is where Basic Attention Token aims to change the status quo. From the perspective of digital marketing agencies, the Basic Attention Token ensures that advertising funds are used correctly. You can benefit from the Basic Attention Token increase by buying its BAT cryptocurrency. 6. Decentraland The Metaverse is to build a bridge between the digital world and the real world through virtual reality. At the forefront of this is Decentraland, one of the top coins in the metaverse, hosting a hugely successful game world that allows users to invest in digital plots. Most importantly, several real estate projects in the Decentraland ecosystem have sold for millions of dollars, which shows that this Web 3.0 ecosystem already has a criteria test. MANA, which is the native token of the Decentraland ecosystem, is one of the top Web 3.0 blockchain coins in terms of performance. 7. Yearn.finance Yearn. finance plays a role in the future of Web 3.0 with its decentralized lending protocol. Since Yearn. finance makes it possible to facilitate loans without jurisdictional limitations or credit checks in a decentralized way. This would be because users can borrow cryptocurrencies in exchange for placing collateral. The person will then pay the interest on the borrowed funds. For example, by depositing your digital currencies on the Yearn. finance platform, the funds will be used to facilitate the loans. 8. Cosmos Cosmos has an innovative plan that solves the current “blockchain interoperability” problem. For those of you who don’t know, interoperability has to do with the ability of different blockchains to connect and communicate with each other, which ordinarily might not be feasible. And as such, each of the best cryptocurrencies on the market can communicate with all the respective blockchain networks through Cosmos. The project has its native digital token, ATOM, which you can easily trade. 9. The Graph Blockchain protocols facilitate a significant portion of transactions, which, in parallel, can offer room for efficiency issues for the respective network. The good news is that Graph is already doing some work on this with its creative blockchain indexing tool, so once blockchains connect to the Graph protocol, their data is automatically indexed. From an investment perspective, you can benefit from the growth of the Graph and its indexing tool by buying GRT tokens. In short, any blockchain network that uses the tool will have to pay fees in GRT, which in parallel can help its market cost. 10. Tron This plan originating in China could play a fundamental role in the future of Web 3.0, among other things since it returns the content to its rightful owner: the author. This means giving up a significant part of the revenue that the respective content creates. This

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sony-metaverse

Sony buys 3D animation studio for a sports metaverse

Sony, one of the largest companies in the entertainment and electronics world, recently completed the purchase of Beyond Sports, an organization that specializes in using data from around the real world to generate 3D animations. Beyond Sports could bring Sony into the sports metaverse The news came a few days ago after it was announced that Sony had filed a patent to integrate NFTs into games in a new and unique way. Beyond Sports is a company specializing in 3D animation that has the technology to change the actual information of a sports game into a metaverse representation. This purchase and technology from Hawk-Eye Innovations, another organization owned by the conglomerate, will allow the organization to create real-time content related to basketball, baseball, tennis, and soccer. Hawk-Eye Innovations, acquired in 2011, creates technology that can locate the ball at any instant and be used by companies such as the National Football League (NFL) and the National Hockey League (NHL). The entertainment-focused Metaverse Sony can also give metaverse matches using its Playstation consoles as a delivery device. The company has already flirted with metaverse and NFT technology, filing a group of patents to use NFTs as a way to track the history and ownership of game assets. Sony CEO Kenichiro Yoshida has also previously proclaimed that Sony’s “priority is to create a metaverse around entertainment,” using every tool the brand has to this end.

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we3-connections

Key features of Web3

Web 3.0 talks a lot about blockchain, the internet of things, and AI. This new generation of the Internet will influence websites, applications, and all kinds of devices that manage to connect to the Internet. In this new version of the web, the client becomes more protagonist, allowing greater connectivity between devices and individuals, and giving them greater control over their data and information. The personalization of Internet services is key to understanding what Web 3.0 is. What does the evolution of the network offer? 1. Intelligent searches: Web 3.0 seeks to create a new system for classifying web pages closely linked to the needs and characteristics of users. 2. The evolution of social networks: Social communities on the Web are growing, as are the ways of connecting to these networks both in number and in the level of complexity. 3. More speed: The main telecommunications operators have implemented broadband connections to guarantee a more satisfactory user experience. 4. Connectivity through more devices: Web 3.0 improves the possibilities for users to connect through cell phones, tablets, watches, and more devices. 5. Free content: Free software and ‘Creative Commons licenses are much more common in Web 3.0. Three-dimensional spaces: There will be new ways of visualizing the web, with three-dimensional spaces. 7. Geospatial Web: Users can access information available on the web-based on their geographic location. Ease of navigation: New design trends seek to establish certain standardizations that make the user’s browsing experience easier. Cloud computing: The web becomes an executable space as a universal computer. 10. Data linking More and more information services can aggregate data from other sources to unify the answers they provide to users.

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meta-falls

Meta cuts headcount after poor projection for the future.

Meta announced Wednesday that it will let go 11,000 employees, 13% of its workforce, in the first huge round of mass layoffs in the company’s 18-year history. Mark Zuckerberg was hit pretty hard by the downturn in ad revenue from his multibillion-dollar, and for now ruinous, Metaverse bet. “I want to accept responsibility for this election and how we got here,” the Meta boss has identified. Zuckerberg assumes he was mistaken to offer for granted that trade increase would continue at the pace achieved at the extent of the pandemic, 2 years in which the tech giant’s earnings went through the roof, but the macroeconomic downturn, growing competition, and falling advertisements meant Meta’s earnings are a hell of a lot lower than he assumed. The company contracted 52% in Q3 2022, to $4.395 billion. Those numbers marked the second quarterly drop in earnings in its history. The drop is more than 70% year-to-date and has relegated Zuckerberg to the list of the richest men in the entire world. The idea of the metaverse Investment efforts remain focused on the Metaverse, the virtual world that Zuckerberg believes will interpret the future of the internet. For the time being, it is a sunk investment: some 15 million Quest 2 glasses and Beat Taste, the platform’s most successful video game, have been sold. These figures are still insignificant compared to the tens of millions of millions dedicated to the plan, which have resulted in criticism of the company for allocating many resources to the metaverse when profits were already showing signs of exhaustion months ago. Compensation for those affected The company gives to the dismissed, who will receive all day long correspondence with the information both in the USA and worldwide, a compensation equivalent to 16 weeks of salary, plus 2 extra weeks for all the years in staff, without a ceiling. In addition, it will pay outstanding vacation pay and 6 months of health insurance for employees and their families, among other measures. Employees who were to receive the pay in occupations due the following week will be entitled to it. In his message, Zuckerberg pays particular attention to foreign workers hired by the company in the USA: “I know it’s especially if you’re here on a visa. A bad day for the tech community As of the beginning of the year, well over 50,000 workers in tech organizations were laid off. Other companies that have announced job cuts include Coinbase, Carvana, GoPuff, Better, Invitae, Robinhood, and Shopify, from different segments.

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mattel-NFT

Mattel will launch a new Marketplace for its Hot Wheels NFT collection

The Hot Wheels NFT collection is currently on the WAX blockchain and will move to Flow with the launch of the marketplace. Mattel has announced the launch of a dedicated NFT platform, which is going by the name “Mattel Creations” and will debut with the launch of the fourth version of the Hot Wheels-based non-fungible token collection. Hot Wheels NFT collection is one of the best performings. Hot Wheels’ NFT collection, called Pedal to the Metal has been on the market for a period and is considered to be the best-performing non-fungible token collection on WAX, the blockchain on which the compilation was originally thrown. However, when the collection launches on “Mattel Creations,” the collection will migrate to Flow, the blockchain selected by Mattel for its NFT platform. The launch of the new “Mattel Creations” platform will mark the fourth release of the compilation and, based on the performance of previous releases, is expected to serve as a backup to the platform launch. Mattel’s platform seeks to host new brands The prime candidate for a collection is Barbie, which has had an NFT collection in the past, as part of a tie-up between the toy brand and fashion house Balmain. With the launch of the Hot Wheels collection, the toymaker hit the table ahead of its participants in the digital asset lot. Currently, the Hot Wheels collection is still in the top 3 by sales volume on the WAX blockchain, so the move to its own NFT marketplace may be quite beneficial for the brand.

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the-graph

Is web3 a cryptocurrency?

The concept of Web3 is one that we have already heard a lot these days and that is gaining more and more strength in the world. Although Web3 is not a cryptocurrency, it is something that will be able to boost them. An example of a good integration between Web3 and a cryptocurrency is The Graph (GRT). What is The Graph (GRT)? The Graph is an open source protocol, designed in the spirit of decentralization to collect information from the blockchain without third-party collaboration. With the launch of The Graph’s primordial network, a network of service providers was built where decentralized applications (dApps) have the possibility to operate seamlessly and with the blockchain information easily accessible. How is the market? The Graph had a public marketing and a private marketing, raising $12 million from its public token marketing. The Graph raised $5 million quite a bit more from a private marketing funded by Coinbase Ventures, Digital Currency Group, and Framework Ventures. Data from Cointelegraph Markets Pro and TradingView present that since touching a low of USD 0.34 on January 24, GTR has made several attempts to steadily break above the primary degree of support and resistance at USD 0.48. How does The Graph work? The Graph protocol enables developers and network competitors to use public and open APIs to build subgraphs for a variety of dApps, and to query, index and collect information. The network is supported by the Graph Node and developers and competitors of the network have the possibility to use GRT tokens to pay for the use and construction of subgraphs. In addition, in The Graph network customers consulting subgraphs have the possibility to pay network competitors with GRT tokens through a portal. What makes The Graph network important? The Graph network has been launched as the first blockchain scheme of its kind. As the first decentralized marketplace for querying and indexing information for dApps, The Graph has a unique utility. The Graph is the first decentralized marketplace to address efforts related to building dApps in terms of solving indexing drawbacks and ownership concerns. The growing fame of Web 3.0 The overall purpose of Web 3.0 is to move beyond the current way of the Internet, in which the vast majority of data and content remains controlled by huge technology organizations, to a more decentralized realm in which public data is more freely available and individual data is controlled by individuals.

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FTX-amazon

Amazon Studios, Apple and Netflix are fighting for the movie rights to FTX and SBF

Amazon Studios, Apple, and Netflix are competing to see who will get the film and TV rights to Michael Lewis’ book about the FTX collapse. U.S. creator and financial journalist Michael Lewis are working on a book covering everything about the FTX collapse. This is because Lewis has spent time with Sam Bankman-Fried, he has been able to keep up with everything from the height of its popularity to its downfall. Lewis rose to popularity for writing books like Big Short, The Blind Side, and Moneyball. Once the entertainment industry got wind that Lewis was doing work on this book, they swooped in to get the rights. On the plus side, it will also provide insight into FTX’s internal performance, because Lewis has been in close contact with former CEO Bankman-Fried. Apple may be close to closing the deal There will undoubtedly be enormous interest in Lewis’ book following its publication as there is precedent for tapes and TV shows based on notorious incidents in the tech industry. From WeCrashed to Super Pumped: The Battle for Uber. Already Hollywood has shown interest in covering the worst tech developments, so a great opportunity can be found here. SBF bought real estate for costs in the hundreds of millions of dollars. Reuters reported that Bankman-Fried, his dads, and executives bought 19 real estate properties for a cost of almost $121 million in the Bahamas. The Wall Street Journal additionally reported that Bankman-Fried cashed out $300 million in an earlier October 2021 funding round. At that instant, the exchange raised $420 million. Conclusion: Cryptocurrencies are a field that has already drawn a lot of attention, this year alone there have already been several companies that have suffered a collapse of some sort that has caused the market to crash.  But none has been so full of a plot twist as what is happening with FTX, so seeing a story on the small screen can draw attention and cause popularity back to cryptocurrencies, plus it will help people understand how this world works and that a company’s actions can move the market.

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web3andmetaverse

Are Web 3.0 and metaverse the same thing?

Lately in the world of cryptocurrencies and the internet of things we have heard concepts such as the metaverse and Web3. These concepts are still in development and both promise monumental changes to what we know as the internet as a large part of their integration is blockchain technology. Although both concepts may come together in many articles or commentaries, especially those dealing with cryptocurrencies, it is inescapable to equate metaverse and Web3 because of their differences in criteria. Metaverse and Web3, the internet of the future In common, metaverse and Web3 employ technologies concerning the blockchain and both have faithful believers that they are the direct future of what the internet is in our daily lives. The metaverse is practically a network of virtual universes in 3 magnitudes, a sort of social network that bet on immersive experiences due to technologies such as virtual reality. The most common at present is gaming and entertainment, but in the medium term, activities focused on teaching, massive virtual events such as concerts or movie previews, etc., could be carried out. For its part, Web3 aims to be an evolution of the current World Wide Web by integrating decentralized protocols through blockchain so that the user has more privacy. The differences between Web3 and the metaverse If the difference between these two titans of the new Internet can be summarized in a short sentence, it is that both are based on the use of blockchain but seek different ends. In the metaverse, the blockchain is used to detect the customer and/or to make purchases or acquire tokens or cryptocurrencies and at a technical level, the Web3 is based on the blockchain 100%, looking for a decentralized and democratic life. Two proposals united by the blockchain The metaverse wants to erase the physical restrictions of virtual space for use in video games, social events, work, health, and so on. For its part, Web3 wants to empower the Internet customer and make the Web more accessible and less dependent on corporate giants. But undoubtedly what most defines the interrelationship between Web3 and the metaverse is the use of cryptocurrencies, tokens, and NFTs, and, finally, crypto-wallets.

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web3-integration

Examples of Web3

Web 2.0 and Web 3.0 refer to continuous iterations of the web, compared to the original Web 1.0 of the 1990s and early 2000s. Web 3.0 examples. Web 3.0 applications Referring to the crypto world, these are the applications that are promised to arrive and will be made available to everyone on this web. 1. Blockchain The blockchain is a record of transactions. Every time a new “block” of transactions is added to the chain, the copies in the database must be matched and modified. It can be used for any application to keep a record of transactions, however, most individuals associate it with cryptocurrencies, which we will address next. 2. Cryptocurrency Cryptocurrency (also successful as “crypto”) is a decentralized digital cash that is not controlled by any regime or central authority such as a bank. The supply of cryptocurrency is augmented by “mining”, which gives computational power to realize the blockchain in exchange for new currency. 3. The Metaverse In the Metaverse, your digital resources mingle with the natural planet and interact with the web in a much more “physical” way. It is a bit like the virtual planet of Ready Player One or any game of this era. Non-fungible tokens (NFT) NFTs are another cornerstone of Web 3.0. NFTs are essentially a form of cryptography, however, each NFT is unique and cannot be modified by another. NFTs are tied to digital or physical assets in the same way that a paper title to a home represents ownership. 5. Smart contracts A smart contract is only as good as the terms and logic in it, however accepting that the contract is fair, then a smart contract is going to be made to perform fairly.

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Ronaldo-and-binance

Cristiano Ronaldo launches first NFT collection with Binance

Cristiano Ronaldo’s first NFT collection is now available as of November 18 as part of a unique multi-year engagement with Binance, the Blockchain ecosystem and chief cryptocurrency infrastructure distributor worldwide. A collection that seeks to integrate The launch is aided by a worldwide marketing campaign played by Ronaldo, which aims to get his admirers into Web3 using the entire NFT world. Binance commented as follows: “It’s an honor to work with Cristiano to help more people understand blockchains and teach how we are creating the Web3 infrastructure for the sports and entertainment arena.” Ronaldo said, “For me, it was fundamental to generate something unforgettable and exclusive for my fans because they are a pretty fundamental section of my triumph. With Binance, I have been able to do something that not only captures the passion of the game but rewards the fans for every year they have supported me.” Cristiano Ronaldo’s inaugural NFT collection launched on November 18 It comes with seven animated statues with four rarity levels: Each NFT statue depicts Ronaldo at an iconic moment in his life, from his spectacular bicycle kicks to his childhood in Portugal. The 45 highest value CR7 NFTs (5 SSRs and 40 SRs) were auctioned on Binance’s NFT marketplace and bid prices started at 10,000 BUSD for the SSRs and 1,700 BUSD for the SRs. The remaining 6,600 NFTs (600 R and 6000 N) are offered on Binance Launchpad starting at 77 BUSD for the normal rarity level. What benefits will come with the NFTs? Each rarity level will have exclusive perks, such as: In addition, new users who register on Binance.com and complete account verification or KYC will receive a Cristiano Ronaldo mystery box which can integrate a scaled-down Ronaldo NFT. Future Cristiano Ronaldo NFT collection sets will be accessible in early 2023.

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web3

What is the Web3?

The evolution of web 2.0 brings the promise of decentralization, blockchain technology, and transforming users into owners. Web3 interacts with the evolution of the internet as we know it, and its main characteristic is that it will be a decentralized internet using blockchain technology. The open web Web3 is defined as open, where the cost goes much more to the creators and users and not both to the companies. Fernando Tricas is a computer science teacher at the University of Zaragoza, and defines himself as an “agnostic” on the subject, mostly because he considers that the web3 seems more theoretical than a reality for now. Semantic Web. Web3 or Web 3.0 The name web3.js is a collection of modules to interact with Ethereum nodes through different protocols that would allow interaction with the Ethereum blockchain and this would link, in a certain way, the web3 with Ethereum. He named it the Semantic Web, which aimed at increasing information on the web with the intention that not only individuals could already read its contents but also machines. In naming web3 they decided to disregard this part of web storytelling or the form of computing, making a new branch differentiating it from the previous web 3.0. In the end, web3 could be taken into account as a subset of crypto or a rebranding since in the end what web3 seeks is to be transparent, private, capitalistic, or democratic. Wallets in Web3 Identity is going to be tied to the wallet or digital wallet of the customer participating in it, as digital wallets are entirely anonymous unless the customer chooses to publicly link them to their identity. Since web3 promises to be a model where you must have, you must own tokens or digital assets to participate. What will web3 decentralization look like? There is no server initiative in blockchain-based decentralized networks: each node can store and disseminate content. Web3, therefore, has a model with provider freedom. Because the blockchain cannot be censored, the decentralized composition of such blockchain nodes allows the network to have fewer vulnerabilities. Freedom on the web3 It is conceivable that replication models or larger amounts of content could appear on the blockchain. But censorship or prohibition of certain content becomes much more difficult, because of the blockchain’s characteristics. Conclusion This new website promises a new and complete integration with digital assets and blockchain technology, hopefully, this will mesh well and more people will have access to the new website3.

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blockchain-for-everyone

Binance launches free online Blockchain course with NFT certificates

The cryptocurrency crisis is not an obstacle to continue learning about them and all they have to offer because the more people know how crypto works, the easier it will be to avoid scams, frauds, and collapses. Binance takes action Binance, the world’s largest exchange, has Binance Academy, which has just launched a free online course called “Blockchain for Everyone”. Successful completion of all six modules of the course will award a non-fungible token (NFT) certificate. These are the following modules: Blockchain Fundamentals The opening course is planned to be followed by the launch of intermediate and advanced levels in the future, as well as professional certificates for students aspiring to careers in the Blockchain and crypto space. Binance’s chief marketing officer, He Yi, explained that: “The blockchain industry is still in its nascent stage. Many new concepts are coined, such as NFT and metaverse. We believe that creators and builders shape the future of our industry. Therefore, empowering more creators and builders with knowledge is key.” This is not the first course offered by Binance, but it is the first to award NFT certificates. Conclusion This is an effort to bring back the crypto ecosystem. In addition, Binance announced days ago the Binance Recovery Fund for serious crypto projects facing a liquidity crisis. Hopefully, this will motivate other platforms to opt to teach people more about the crypto world and motivate them to enter this world that has a lot to offer.

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NFTs-on-OpenSea

How to promote NFTs on the Open Sea?

OpenSea is the largest platform for buying and selling NFTs. In OpenSea there is no space to promote your NFT, but here we will share with you some tools that will help you build trust with the community members who will buy it. The marketing of an NFT plan is paramount to the success of the author, so you must first design a comprehensive strategy to promote your work and get the best results. Share your work on social networks Organic traffic could be channeled by complying with a comprehensive social media marketing strategy. Quality social media content should integrate properties of the NFTs and previews of upcoming works to produce interest and expectations. Creators also can share educational content to drive users to purchase their NFTs on OpenSea. Conduct Airdrops Sweepstakes are especially effective in the situation of NFTs, as a cheaper series can be issued en masse and deployed for a larger cost return in terms of promotion. Here are some tips for running effective sweepstakes: Schedule the sweepstakes about a week before the planned launch, thus producing hype and FOMO. Tag the NFT marketplace you are using, in this case, OpenSea allows the NFT marketplace to share your content. Host an AMA/Live Broadcast Communicating directly with the audience through AMAs or live broadcasts is a great way to generate connections and move a sense of live assignment by allowing users to ask questions and get answers. Start with a list of 15 questions with the most interesting answers, to make your followers feel special. Limit the session to between 30 and 45 min, so that it is not too long and your followers lose concentration. Collaborate with Influencers This approach offers users the likelihood of giving constructive criticism and a better rapport with both artists and influencers, in a win-win scenario. Conclusion Connecting with society is key to the famous marketing of any crypto asset, as making the population feel part of a greater whole and as individuals, is the best and unique way to engage in interaction. At The Blue Manakin, we can help you create a complete plan to get people to your OpenSea page.

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mercado-pay

The purchase of cryptocurrencies through Mercado Pago is a fact in Mexico

Mercado Libre is one of the Fintechs with a presence in well over a dozen territories in Latin America. It launches the purchase, marketing, and saving of cryptocurrencies through its payment wallet in Mexico. Territories with Mercado Libre The fact that Mercado Libre gave the green light that now Mexico will be given the service of buying cryptocurrencies through its payment application Mercado Pago. Some of the territories where they are present in Mercado Libre would be the following: Territories such as Brazil, Argentina, Colombia, and Ecuador (ranking seventh (7), thirteenth (13), fifteenth (15), and eighteenth (18) respectively). First came Brazil Brazil is positioned in seventh place in the analysis that started with this service’s use for the purchase of 3 cryptocurrencies: USDP, Bitcoin, and Ethereum. Despite repeated statements in print and audiovisual media about the adoption of cryptocurrencies, it showed with this accession through Paxos that the crypto market is now part of its portfolio of services which that same week would activate the purchase and trading of cryptocurrencies from the mobile application. Mexico with a new way to buy cryptocurrencies The minimum purchase is one peso, so it is also an offer for the Mexican public, which has been growing in the adoption of cryptocurrencies. In Mexico, the use of both huge cryptocurrencies in the market, Bitcoin and Ethereum, predominates. The same metric suggests that the market for cryptocurrencies currently in Mexico is 12 million individuals, which points to a fairly large market to lump into the company’s payments network. Mercado Pago appears to be exclusive with the minimum purchase choice of one peso. It is still unknown whether it will extend the offer of cryptocurrencies in the territory, and will follow in the footsteps of the large South American because Brazil is available in addition to Bitcoin and Ethereum, the stablecoin USDP.

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apple-pay

Apple enables Crypto Payments via USDC

Circle, the company behind USD Coin has added support for crypto payments via Apple Pay. iPhone users will now be able to buy cryptocurrencies such as Bitcoin and Ethereum on their favorite exchange using Apple’s wallet, making it easier for non-cryptocurrency customers to get a taste of this world. Circle further commented that Apple Pay is a safer and faster way to pay, because “customers will no longer have to create an account or fill out lengthy forms.” Who is this feature available to? This payment option is available to users at select businesses and the process of activating this is simple. Thanks to Circle, customers can pay online and in apps using their iPhone, Apple Watch, iPad, and other compatible devices. How to use USDC in Apple Pay? From Circle’s website we can see that the steps to start trading with USDC on Apple Pay to carry out would be as follows: Conclusion: In this way, Apple is integrating itself into the world of cryptocurrencies despite the recent events of the FTX cryptocurrency exchange. Hopefully, this move will lift confidence again in this bear market.

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instagram-NFT

How can I publish NFTs on Instagram

It has been known for a few months now that Instagram had started testing the sharing of NFTs on its platform, leaving only a few users this service as a test. In August 2022, the social network expanded its testing to 100 countries in Africa, Asia-Pacific, the Middle East, and the Americas, and added support for popular wallets such as Coinbase and Dapper. Are there any benefits of uploading NFTs to Instagram? Integrating NFTs on Instagram allows users to connect to their wallets and choose which NFTs to share with their followers by pinning their possessions to their feeds. Once the NFT is published, a shiny effect is added to the image and displays information such as a description of the collection, the piece, or the tagging of the creator, thus indicating the authenticity and ownership of the asset. How to post your NFT on Instagram The publication of NFT may be an option that at the moment you don’t have active since this is still for a handful of accounts, so what we will explain below would be how these accounts have to do it. Now you can go to check if your account has the option, if not, don’t worry, it will come. Finally, once you have published your NFT, you will be tagged as the owner or creator of that collectible and the rest of the users will be able to see your digital collectibles in the feed, in your profile, and through the Explore page of the platform. We hope this guide will be helpful if you are one of the lucky ones who already have the option to publish your NFTs on Instagram.

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FTX-debate-in-labitconf

FTX Crisis Ignited Debate at LaBitconf, Latin America’s Largest Bitcoin Conference

The collapse of Sam Bankman-Fried’s empire has been the talk of this year’s LaBitConf in Buenos Aires. Latin America’s largest cryptocurrency conference, LaBitConf 2022, began on Friday and ended this weekend. The hysteria even caused Ethereum co-founder Vitalik Buterin surely the conference’s most recognizable speaker to give a surprise talk at the start of its premier event in which he compared the Sam Bankman-Fried to a “1930s dictator.” The fall of the FTX CEO Bankman-Fried, whose cryptocurrency empire went up in smoke this week, is under investigation for “criminal conduct.” This alarm has caused other cryptocurrency Exchanges and organizations to look for ways to show their consumers that the same will not happen to them. At LaBitConf they had ready answers. Many of the top crypto people in Latin America shared responses to what has happened, below we share them with you: Mexico-based Bitso: spoke to Decrypt about the debacle. BitGet operations manager Mario Iemma commented that the crisis may be a possibility: the Singapore-based exchange, which runs the derivatives market in the area, made known a new system that makes it possible for users to see the exchange’s liquidity at all times. The CEO of blockchain organization Koibanx, Leo Elduayen, mentioned on stage that we need to “open our eyes” to organizations like FTX and Celsius that went under earlier this year and recognize that they are not true Web3 organizations. Buterin added that “this year we just saw a huge set of things,” referring to the collapse of several cryptocurrency projects and hacks. “It’s the things that break because they have a model, and that model is pretty much bad,” he commented. “And the other is things that are broken as there is no trust in the model at all, but in a guy.” Conclusion: As regulators and law enforcement investigate what indeed led to the FTX collapse, everyone seemed to be in consensus on one thing at this year’s LaBitConf: the cryptocurrency sphere requires being very careful about whom you give your money.

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cryptoarena

Withdrawals at Crypto.com increase after its CEO admits a transaction problem

Many users decided to withdraw their funds from Crypto.com over the weekend after the company’s CEO mentioned that the cryptocurrency exchange had mishandled a transaction of about $400 million. Crypto.com CEO Kris Marszalek commented on Twitter that the transfer was sent to the wrong type of account on another exchange. Fear runs fast Concern over Singapore-based Crypto.com spread across the Internet over the weekend, with prominent digital currency figures aiming for the company. Changpeng Zhao, CEO of Binance, Crypto.com’s most enormous organization, appeared to question the nature of the transfers without naming the company, which may have fueled Sunday’s withdrawals, according to cryptocurrency industry players. Marszalek dismissed concerns about Crypto.com, tweeting later Sunday that the October transfers had “created both fear, uncertainty, doubt and speculation on Twitter” weeks later. Several users have withdrawn their cryptos with values in the millions. On Sunday, users withdrew a net cost of $14 million worth of the cryptocurrency ether and $39 million worth of other tokens linked to the Ethereum network from Crypto.com. Throughout that same time, Crypto.com moved $33 million of other wallets to satiate consumer demand, according to Argus. Firngía that Crypto.com possessed sufficient funds to satiate user withdrawals, mentioned Owen Rapaport, co-founder of Argus. Crypto.com is a medium-sized exchange. The transaction that caused concern for Crypto.com involved the transfer of 320,000 ether or about $400 million of the token at the time to a wallet associated with cryptocurrency exchange Gate.io on Oct. 21.

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shibarium

What is the new Shiba Inu Blockchain, shibarium?

We all know the Shiba Inu token “SHIB” which is a coin that had an unexpected growth, causing profits of thousands of dollars to many people but today is classified as a shitcoin. The token, like many other cryptocurrencies, is not going through a good time due to the great fall of Bitcoin. Shiba has come as a “lifesaver” that can give a boost to the currency, we are talking about Shibarium, a solution that will give greater utility to the token. What is Shibarium? Shibarium is a new and independent blockchain, which will allow SHIB users to make faster and low-cost transactions since the SHIB blockchain is currently on the Ethereum network. All current tokens will be moved to this new Shibarium network and this is expected to cause the price of the token to go up, which gives quite an interesting investment opportunity. At the moment it is not known when Shibarium might be available, but it has been tasted that it is in development, possibly we will see more news near the end of the year or in the first quarter of next year. What is certain is that the launch of Shibarium has generated anticipation among Shiba investors. That is why once it is launched it is likely to be very well received by the community. Should I invest in Shiba Inu? With the fall that cryptocurrencies and Shiba Inu’s suffered much earlier it is normal for many to wonder if it is worth investing. It is expected that with the launch of Shibarium could come an increase in the price of the token, so taking advantage of these low prices could generate good profit in the future. Where can I buy SHIB? Shiba despite its price is still a popular coin so you can find it on all the popular exchanges out there. It would only remain for you to choose which one is your favorite or the one that offers you good stacking yields to generate some extra cash while Shibarium arrives. Conclusion Undoubtedly Shibarium can bring SHIB back to life, just like Elon Musk’s purchase of Twitter has revived Dogecoin and even gave a small boost to Shiba. However, this post is not an investment recommendation, so it is important for everyone to do their market analysis and not invest money that we cannot afford to lose. That is why we invite you to investigate more about Shibarium and see what new utilities they will be able to offer you for being a SHIB holder.

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FTX goes down

FTX crashes and drives cryptos lower

Bitcoin on the edge of $16,000 has reached a new low, just a year after its all-time high, causing many investors to fear for the safety of the market in the face of the collapse of one of the biggest traders. The bankruptcy of FTX has created a crisis of confidence in the crypto world that is reminiscent of the previous fall we had this same year due to situations such as the collapse of Luna, the crypto fund Three Arrows Capital or the Celsius platform. Binance is the main cause The crypto asset platform Binance announced on Tuesday its intention to acquire its competitor FTX. This deal has been presented after the publication of FTX’s liquidity problems, which was unable to overcome a $6 billion disbursement wave in just 72 hours. Further falls for cryptocurrencies The announcement has once again sparked fears in the crypto world, which has taken many hits this year from the threat of recession. The crypto winter flares up just as it marks the first anniversary of bitcoin’s all-time highs. Community fears The fall of FTX recalls the fear that the liquidity problems and the lack of security in cryptocurrency trading are alerting the big players in this world and people feel the need to withdraw their funds thus causing massive falls. The fear of bankruptcy of this platform has swept the market in recent weeks. FTX has acknowledged that since last weekend they had recorded heavy outflows. In addition, its crypto asset, FTT, plummeted 70% on Tuesday. Conclusion: We have to be always aware of the things that happen in the world of cryptocurrencies because as we can notice from this blog is that a simple movement can cause market crashes. This is why we invite you to follow our blog as we always publish the latest news about this world.

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