NFT airdrop from Trust Wallet
To celebrate the launch of the Chinese Twitter page, Trust Wallet announced an OAT token giveaway. To claim free tokens, users need to follow the link and perform a few tasks (follow the account and retweet the airdrop tweet). The lucky winners will get the NFT, dedicated to the Chinese Year of the Rabbit, into their wallet. As the saying goes, there is no such thing as too many tokens.
Marriages are no longer made in heaven but in the Metaverse
Weddings incur considerable costs. There is nothing more annoying than that wedding planning thing, and long drunk speeches of the guests. Now you can eliminate this headache and get married in Decentraland instead. The City Hall of Love is a virtual marriage bureau where couples can mint their NFT marriage certificate and document their love on the blockchain. There, it will surely last forever. Of course, these marriage certificates are not legally binding. But for our avatars, these tokens are a magical reality. By the way, no one cares about the gender and age of the bride couple. Shall we expect a virtual maternity hospital shortly?
UK Treasury is looking for a cryptohead!
They announced a new job on LinkedIn: “Head of Central Bank Digital Currency.” "The successful candidate will be responsible for leadership of HM Treasury’s work on a potential digital pound – a U.K. central bank digital currency (CBDC)," reads the post. The Bank of England (BoE) had previously stated that the FTX collapse proved the need for a digital pound.
Genesis wipes away creditors' tears
At Genesis' first bankruptcy hearing, the company's lawyer expressed confidence that it would resolve its disputes with creditors by the end of the week. Genesis plans to exit the bankruptcy in 4 months from now. The company plans to pay employees and vendors first, and then to auction off its assets to pay creditors by May. A simple calculation of the math shows that Genesis holds $5 billion in assets and liabilities, while its debt estimates to $3.4 billion.
Another reason to raise our glasses
9 years ago, Vitalik Buterin presented his Ethereum smart contract platform to the world. He officially announced his invention on BitcoinTalk Forum with a post titled "Welcome to the New Beginning!" It’s not an anniversary date, so let’s do without flowers and applause. But one thing that we would like to mention is that everyone who made their first steps at that time became most powerful people in crypto. With its roots in the Ethereum team, crypto mafia has spread across the world: - Charles Hoskinson launched Cardano in 2017. - Anthony Di Iorio launched Decentral Inc. and the Jaxx wallet - Joseph Lubin launched ConsenSys - Gavin Wood created Polkadot and developed the Solidity smart contract language. Our congratulations on these achievements, Vitalik!
Doodles is set to acquire Rick & Morty creator
Doodles, one of the leading brands in the Web3 industry, has announced the acquisition of the Golden Wolf animation studio. As part of it, ex-CEO of Golden Wolf will become director of content at Doodles. Doodles are reportedly planning to launch their own series and video game. The Golden Wolf team will assist these projects with animation, visuals and content creation. A number of users express support for the collaboration, while the "old guard" took the news with hostility - they accuse the animation studio of corruption and criticize the very idea of NFT and Web3.
Avalanche fans have reason to rejoice.
The amount of bitcoins locked on the Avalanche network recently surpassed that of the Lightning Network. Snowtrace.io reports that Avalanche currently has almost 5,500 BTC, compared to less than 5,250 on the Lightning Network. However, they are all still a long way from Ethereum, as the number of wrapped bitcoins in this network is close to 180 thousand coins.
Bankrupt BlockFi is trying to sell $160 million worth of loans
Loans were issued against mining equipment. The creditor has about 68,000 of them, as of today. The company started selling last year. Unfortunately, some loans have already been declared default. The average price of BlockFi's credit ASIC miner is $2,350 and ASIC's current market value is $1,400. The total companies' debt to the industry in similar loans is estimated at $4 billion. Apart from BlockFi, loans were also issued to NYDIG, Celsius Network, Foundry, Babel Finance, and Galaxy Digital.
SHIB veteran Steeven Cooper washed some dirty linen in public
Cooper, who used to be involved in the Shiba Inu project, and is now the CEO of record label Bigger Entertainment, claims that the SHIB is a huge Ponzi scheme. He said that the project is not transparent and is not accountable to anyone. Cooper himself received anonymous threads from the Shiba community. He collected a full set: fell out with devs, removed all mentions of SHIB in his social networks, and even burned all meme coins he owed. "All in all, I don’t really want the drama from this, but feel it’s important that the community know the way they (the dev team) treat others". With Shibarium's launch approaching and the strange behavior of whales who massively withdraw their SHIB from Binance, some part of the crypto community began to listen to Steven Cooper's words.
What else can the European Parliament give the cryptocurrency bes
Yes, they tighten the requirements and the nuts again. As of right now, European banks are required to view cryptocurrencies as the riskiest asset class. Today, the relevant EU parliamentary committee approved such an initiative. As a result, banks will actually need to hold EUR 1 in equity for every EUR they hold in cryptocurrencies. The MEPs explained that similar capital requirements will help prevent the crypto world's insecurity from spreading to the financial system. However, it was offensive. Which of the worlds is more unstable needs to be determined, though. But our arbiter is time. It will reveal everything.
IBF to extend Sharia laws to the metaverse
Indonesian company IBF Net is launching a virtual world Netverse on the Algorand blockchain to contribute to the digitalization move in the Muslim world. "It's no big deal," one might say. "Metaverses pop up almost every day like mushrooms after a spring rain.” But this one is definitely out of common. It will be created exclusively for the faithful of the Islamic world. IBF Net representatives say Netverse will have its Shariah Authority to oversee banking, insurance sectors, and compliance with Shariah principles. In the newly created virtual world, every fraud, theft, and manipulation of public opinion will be severely punished. (Virtual flogging? Or would they practice virtual hand cutting?) Women will not be allowed in the Shariah-compliant metaverse either. (Do they have any plans on how to check this?) Well… we’re off to Decentraland.
Porsche fails with its first NFT Collection
The well-known vehicle brand Porsche released its NFT collection yesterday, but it failed to gain traction. Only 18% of the total NFT collection was sold for the day, and the price dropped nearly 10% on OpenSea from what was announced. NFT lovers advised Porsche to stick to their knitting and wished the brand had found valuable partners in the Web3 world.
A desktop picture for $12,000,000
This day 12 years ago was marked as the first attempt to use Bitcoin as a payment mean. The author of the ad wanted to sell a 1280x960 resolution picture for 500 BTC that he said would look great as a desktop background. At that time 500 BTC worth $1. Today it is almost $12,000,000,000. As we know, no one was ever interested in this offer. Crypto folks decided to spend their BTC on pizzas.
1 billion TON coins might be frozen
Next month, The Open Network validators plan to vote on freezing 195 inactive addresses. These addresses hold more than 1 billion TON coins, which amounts to $2.5 billion USD. If this decision is made, the blocking will last for 4 years and the owners of these wallets will not be able to make any transactions during this period. A forced hold for long-term holders? It's interesting, but short term holders could definitely use some freezing!
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