A Breathtaking Hunting Metaverse: MetaShooter Launch on KICK․IO Starting February 28

PRESS RELEASE. NFTs have taken the crypto community by storm.

As market participants realized the number of applications for ‘Non-fungible tokens’ (used to certify the authenticity of digital assets), many immediately saw $$$ signs. Nevertheless, although the talk about NFTs often only revolves around certifying artwork, there is another field that has natural synergies with NFT technology too – metaverses, i.e., the next generation of gaming.

On top of this trend is MetaShooter, the first decentralized blockchain-based hunting metaverse that joins millions of gaming enthusiasts in a community to share a realistic (VR compatible) hunting experience. Not only are modern-day hunters invited to compete in tournaments with stunning visuals, but they are also rewarded with NFTs of monetary value by hunting trophies and triumphing against their fellow hunters.

MetaShooter modernizes the hunting experience, developing new ways old hobbyists and new gamers alike can interact within the metaverse. Players can purchase hunting lands and monetize them, explore the open world, breed NFT dogs, build hunting towers and many other services for hunters, hunt in exotic environments with stunning visuals and realistic dynamics. By putting its players first, MetaShooter ensures that everyone benefits from RNG-based gameplay, earning passive income from their newly acquired NFT assets.

MetaShooter
The Most Breathtaking Play-to-Earn Hunting Metaverse
Website | Twitter | Facebook| Discord| Telegram

Public sale on KICK.IO

MetaShooter’s priority IDO round will kick off on February 28, 14:00 GMT, and will then be opened to the general public on March 3, 14:00 GMT. We have already received many investor enquiries about the project, so be sure to mark the dates!

IDO Details

• Ticker: MHUNT
• KYC: No
• Payment options: ADA, USDT

Priority Public Sale (24 hours before)

• Price: $0.07
• Start: February 28 (14:00 GMT)
• End: March 1 (14:00 GMT)
• Token lock: 20% TGE, 10% each month
• Requirement to participate: 10,000 KICK staked in a locked pool
• Requirement to endorse: 10,000 KICK staked in a locked pool

Public Sale

• Price: $0.085
• Start: March 1 (14:00 GMT)
• End: March 3 (14:00 GMT)
• Token lock: 20% TGE, 10% each month
• Requirement to endorse: 10,000 KICK staked in a locked pool

About KICK.IO

KICK.IO is a Cardano-based fundraising platform and project accelerator, designed to provide transparent, efficient, and fully decentralized crowdfunding services. KICK.IO is set to mature into a cornerstone of the new Cardano-dominated DeFi landscape, becoming the place where Cardano’s extensive community can come together to fund projects characterized by the immense potential for future success.

Our next-generation decentralized launchpad will be built according to the best DeFi industry practices, ensuring real-time settlement, top-notch security, interoperability, true decentralization, zero counterparty risk, while also being fully scalable to meet the needs of institutional investors. Unlike our competitors, we offer full support of Cardano native tokens and a suite of advanced DeFi tools that upcoming projects need to thrive and prosper.

Twitter | Telegram | Medium | Website

 

---

This is a press release. Readers should do their own due diligence before taking any actions related to the promoted company or any of its affiliates or services. Bitcoin.com is not responsible, directly or indirectly, for any damage or loss caused or alleged to be caused by or in connection with the use of or reliance on any content, goods or services mentioned in the press release.

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Bitcoin steady amid Ukraine conflict - The Economic Times

Cryptocurrency prices are holding steady even as the Ukraine crisis shows no signs of easing, with Western nations imposing new sanctions on ...

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Russian soldiers surrendering to Ukraine will receive 5 million rubles worth of crypto

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Submitted February 28, 2022 at 12:32AM by Meltdownmyself https://ift.tt/w4SvHYI https://ift.tt/oJlkIqS

Daily Discussion, February 28, 2022

Please utilize this sticky thread for all general Bitcoin discussions! If you see posts on the front page or /r/Bitcoin/new which are better suited for this daily discussion thread, please help out by directing the OP to this thread instead. Thank you!

If you don't get an answer to your question, you can try phrasing it differently or commenting again tomorrow.

Join us in the r/Bitcoin Chatroom!

Please check the previous discussion thread for unanswered questions.

Submitted February 27, 2022 at 11:07PM by rBitcoinMod https://ift.tt/lC2PGHq https://ift.tt/oJlkIqS

A Breathtaking Hunting Metaverse: MetaShooter Launch on KICK․IO Starting February 28

PRESS RELEASE. NFTs have taken the crypto community by storm.

As market participants realized the number of applications for ‘Non-fungible tokens’ (used to certify the authenticity of digital assets), many immediately saw $$$ signs. Nevertheless, although the talk about NFTs often only revolves around certifying artwork, there is another field that has natural synergies with NFT technology too – metaverses, i.e., the next generation of gaming.

On top of this trend is MetaShooter, the first decentralized blockchain-based hunting metaverse that joins millions of gaming enthusiasts in a community to share a realistic (VR compatible) hunting experience. Not only are modern-day hunters invited to compete in tournaments with stunning visuals, but they are also rewarded with NFTs of monetary value by hunting trophies and triumphing against their fellow hunters.

MetaShooter modernizes the hunting experience, developing new ways old hobbyists and new gamers alike can interact within the metaverse. Players can purchase hunting lands and monetize them, explore the open world, breed NFT dogs, build hunting towers and many other services for hunters, hunt in exotic environments with stunning visuals and realistic dynamics. By putting its players first, MetaShooter ensures that everyone benefits from RNG-based gameplay, earning passive income from their newly acquired NFT assets.

MetaShooter
The Most Breathtaking Play-to-Earn Hunting Metaverse
Website | Twitter | Facebook| Discord| Telegram

Public sale on KICK.IO

MetaShooter’s priority IDO round will kick off on February 28, 14:00 GMT, and will then be opened to the general public on March 3, 14:00 GMT. We have already received many investor enquiries about the project, so be sure to mark the dates!

IDO Details

• Ticker: MHUNT
• KYC: No
• Payment options: ADA, USDT

Priority Public Sale (24 hours before)

• Price: $0.07
• Start: February 28 (14:00 GMT)
• End: March 1 (14:00 GMT)
• Token lock: 20% TGE, 10% each month
• Requirement to participate: 10,000 KICK staked in a locked pool
• Requirement to endorse: 10,000 KICK staked in a locked pool

Public Sale

• Price: $0.085
• Start: March 1 (14:00 GMT)
• End: March 3 (14:00 GMT)
• Token lock: 20% TGE, 10% each month
• Requirement to endorse: 10,000 KICK staked in a locked pool

About KICK.IO

KICK.IO is a Cardano-based fundraising platform and project accelerator, designed to provide transparent, efficient, and fully decentralized crowdfunding services. KICK.IO is set to mature into a cornerstone of the new Cardano-dominated DeFi landscape, becoming the place where Cardano’s extensive community can come together to fund projects characterized by the immense potential for future success.

Our next-generation decentralized launchpad will be built according to the best DeFi industry practices, ensuring real-time settlement, top-notch security, interoperability, true decentralization, zero counterparty risk, while also being fully scalable to meet the needs of institutional investors. Unlike our competitors, we offer full support of Cardano native tokens and a suite of advanced DeFi tools that upcoming projects need to thrive and prosper.

Twitter | Telegram | Medium | Website

 

---

This is a press release. Readers should do their own due diligence before taking any actions related to the promoted company or any of its affiliates or services. Bitcoin.com is not responsible, directly or indirectly, for any damage or loss caused or alleged to be caused by or in connection with the use of or reliance on any content, goods or services mentioned in the press release.

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Ukraine Tweeted Its Crypto Wallet, And Got $4 Million In Donations To Help Fight Russia

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Submitted February 26, 2022 at 08:30PM by BlankVerse https://ift.tt/GHmW8tz https://ift.tt/ZKmLxOV

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The facts of bitcoin - Independent Australia

The computers that solve these complex calculations (known as miners) are rewarded with bitcoin. Initially, the reward was 50 bitcoins. Every four ...

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WW3? Easy Hodl. The inevitable crypto ban once CBDCs arrive will be the real hodler test!

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Submitted February 26, 2022 at 10:24PM by Acceptable-Risks https://ift.tt/v1ytSLf https://ift.tt/ZKmLxOV

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The facts of bitcoin - Independent Australia

The computers that solve these complex calculations (known as miners) are rewarded with bitcoin. Initially, the reward was 50 bitcoins. Every four ...

from Google Alert - Bitcoin https://ift.tt/ouALZ31

Ukraine Tweeted Its Crypto Wallet, And Got $4 Million In Donations To Help Fight Russia

https://ift.tt/8FWDvyu

Submitted February 26, 2022 at 08:30PM by BlankVerse https://ift.tt/GHmW8tz https://ift.tt/ZKmLxOV

WW3? Easy Hodl. The inevitable crypto ban once CBDCs arrive will be the real hodler test!

https://ift.tt/jIMGWKX

Submitted February 26, 2022 at 10:24PM by Acceptable-Risks https://ift.tt/v1ytSLf https://ift.tt/ZKmLxOV

Apple Pay and Google Pay block cards issued by Russian banks

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Submitted February 25, 2022 at 09:51PM by bitsteiner https://ift.tt/s0rzLBm https://ift.tt/vy8SJ0a

ERTHA Listing on ByBit

Ertha Metaverse, one of blockchain gaming’s most talked about metaverses has today announced the listing of the ERTHA token on another of the crypto industry’s top exchanges – ByBit.

With over 5 million registered users across the globe, ByBit is a fantastic fit for Ertha. In addition to being one of the fastest-growing cryptocurrency derivatives exchanges, ByBit provides an efficient, transparent, and innovative trading environment for its users.

By listing on ByBit during challenging market conditions, Ertha aims to strengthen its position as one of the leading metaverse tokens. The project will continue expanding its availability to potential investors and keep momentum up as its development team seeks to launch 2022’s biggest metaverse.

Ertha NFT sales remain largely unaffected by the wider industry troubles and have already sold over 22,000 of their revenue-generating land plots. Clearly, the hype surrounding metaverse projects shows no sign of slowing down and plenty of wealthy investors have already made Ertha their metaverse of choice. The game recently announced a series of high-value sales, including Rome at $125,000, Tokyo at $59,000, and the majority of Sweden which a single buyer purchased for $50,000.

The game’s founding landowners have an exciting month ahead of them with the initial Ertha Beta set to launch in late March.

What is Ertha Metaverse?

In Ertha, mankind finds itself on the brink of extinction. World leaders failed with their last-ditch attempts at saving Earth from its rapidly changing climate, and in the years that followed untold natural disasters devastated the planet.

Players are given the opportunity to right the wrongs of our past by building a new world, from the ground up. Extract resources, develop land, re-build economies, and re-form countries and their governments in the way they see fit. Each player’s actions can have a lasting impact within an ever-evolving metaverse.

Ertha’s Gameplay

Ertha’s world is a complex and intricately designed playspace ripe for the creation of new governments, economies, and shaky alliances between its player base. The Metaverse is divided into 350,000 purchasable land plots, each of which collects taxes, fees, and other forms of revenue from the transactions taking place on them. Players must balance production, trade, and financial budgets, in order to stay one step ahead of the competition.

For those looking for an introduction to Metaverses and Play-to-Earn gaming, Ertha represents an opportunity like no other.

What Is the ERTHA Token?

The ERTHA token will play an essential role for anyone serious about entering the Erthaverse! As a game of economic and political intrigue, our token has various uses for players. Use $ERTHA to influence in-game political policies, purchase land, develop real estate, and much more.

However you decide to use them, the ERTHA tokens you hold will have a real impact on your influence within the Erthaverse!

Social Media Channels:

• Twitter : https://twitter.com/ErthaGame
• Discord : https://discord.gg/ertha
• Medium : https://erthium.medium.com/
• YouTube : https://www.youtube.com/channel/UCHiXL-GSDqd9jIa1hsr20Kw
• Telegram : https://t.me/erthagame

 

 

---

This is a sponsored post. Learn how to reach our audience here. Read disclaimer below.

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Daily Discussion, February 26, 2022

Please utilize this sticky thread for all general Bitcoin discussions! If you see posts on the front page or /r/Bitcoin/new which are better suited for this daily discussion thread, please help out by directing the OP to this thread instead. Thank you!

If you don't get an answer to your question, you can try phrasing it differently or commenting again tomorrow.

Join us in the r/Bitcoin Chatroom!

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Submitted February 25, 2022 at 11:08PM by rBitcoinMod https://ift.tt/B4hgKxl https://ift.tt/vy8SJ0a

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Supreme Court seeks clarity from govt on legal status of Bitcoin - The Economic Times

Justice Surya Kant told ASG Aishwarya Bhatti, who was appearing in the case “You must clarify the legal position (on bitcoins).” The ASG said that she ...

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Can we do something about these annoying "sToP pRoMoTing cRyPto In tImEs oF sTrife" posts?

As a long time lurker of this subreddit, I've seen some very counter-intuitive posts and comments from people that say that we shouldn't promote the use of cryptocurrencies in times of strife. As if they couldn't be used for anything but pump and dumps.

Have these people forgotten the whole "financial freedom" ideology concerning why Bitcoin was created? Do they know that Shiba Inu or Floki or whatever other shitcoin they have in their wallet does not comprise the entirety of the space? It's stuff like this that makes me think that these people are intentionally spreading FUD. Whether it's to help themselves make a profit, or because they don't know much about crypto, it's clear that these people see no practical use for it, and would much rather stop others from reaching out and helping people take control of their money.

Nonetheless, we should be actively encouraging people to learn about Crypto. We're in a cryptocurrency subreddit for Christ's sake. We need more devs that can help us become even more decentralized. We've got Bisq (a true DEX, main currency is Bitcoin), we're getting Haveno (Like bisq, but main currency will be Monero), we have a satellite up and LoRa meshnets are promising.

Submitted February 25, 2022 at 06:56PM by __deltastream https://ift.tt/Sz85ZVl https://ift.tt/vy8SJ0a

Daily Discussion, February 26, 2022

Please utilize this sticky thread for all general Bitcoin discussions! If you see posts on the front page or /r/Bitcoin/new which are better suited for this daily discussion thread, please help out by directing the OP to this thread instead. Thank you!

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Join us in the r/Bitcoin Chatroom!

Please check the previous discussion thread for unanswered questions.

Submitted February 25, 2022 at 11:08PM by rBitcoinMod https://ift.tt/B4hgKxl https://ift.tt/vy8SJ0a

Cashapp just added lightning network support!

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Submitted February 24, 2022 at 08:40PM by joshglen https://ift.tt/2BiLh6s https://ift.tt/ujN5Z7w

NoVa Battles: A Play to Earn Mobile Game That’s Building It’s Own Universe

PRESS RELEASE. NoVa Battles is a PlayToEarn mobile MOBA game developed with the core focus on implementing blockchain technology. The company started conceptualizing the prospect of a blockchain game back in 2019, after which they have been experimenting with designs, systems, and partnerships for two years.

The drive to build an open ecosystem for all stakeholders requires extensive analysis before implementation. The NoVa Battles team has decided to develop a simplistic game design and game economy controlled by the community’s votes and needs – a decentralized autonomous organization or DAO during the last two years.

It is known as the People’s Game. The players drive the game, and the game’s prospects will be decided on the community’s wants. The core value of a DAO has a gradual progression in the transferral of executive power from the initial developing company to the end-users and stakeholders. The implementation of a DAO system will be gradual throughout 36 months. The vision is to have the initial game be fully revamped according to the player’s wants during the 36 months. This system enhances the game’s longevity whilst keeping the game feeling fresh for all stakeholders.

The purpose of developing NoVa Battles is to increase the growth of the blockchain industry and bring the industry’s stakeholders under one roof. Blockchain games are a medium that enhances the utility of cryptocurrencies and NFTs.

All online communities, be it a blockchain-based community or a community from a different industry, can collaborate with NoVa Battles. The Shiba Inu token community or even a group of friends can develop in-game champions, NFTS, and skins to control and build an income stream. Future champions are based on the inspirations of the communities, and some proceeds are sent for furthering their cause. The company has already added a Shiba champion to the champion pool, and further exciting developments are coming up.

The company typically controls the creation of NFTs in games, but in NoVa Battles’ ecosystem, it is unique as it is driven and regulated by the players.

It seems like this game is just the beginning as Lucian, the company’s CEO, stated, “NoVa Battles will be a mobile-based game that will grow to be included on all platforms in the future whilst adding different gaming elements and blockchain features along the way, the vision is to have a dynamic metaverse build on-top of NoVa Battles.” The developers plan to develop the MOBA game as a foundation for growth. It will also lead to a metaverse surrounding the NoVa Battles. The main aim is to build the NoVa Universe.

Faytten, the founder of NoVa Battles, said, “The blockchain game industry is on the boom. With every new game, a new community is created. We decided to think out of the box and develop a community within all the communities together”.

Visit NoVa Battles’ official website to register as a beta tester – beta testers have early access to the game’s token. To learn more, check out their Twitter, Instagram, and Facebook accounts for game updates or join their official Telegram and Discord channels to chat with the NoVa Battles team!

For more details, visit:

Website: www.novabattles.com

Social Media

Twitter: @NoVa_BTL

Instagram: @nova.battles

Telegram: @NoVaBattles

Facebook: @NoVaBattles

About NoVa Battles

NoVa Battles is a play-to-earn game that enables users to slowly take control of the game whilst having an income through the game. It utilizes blockchain technology to develop a DAO and an income system for its players. This is known as the People’s Game. The players drive the game, and the prospects of the game will be decided on the community’s wants and needs.

 

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This is a press release. Readers should do their own due diligence before taking any actions related to the promoted company or any of its affiliates or services. Bitcoin.com is not responsible, directly or indirectly, for any damage or loss caused or alleged to be caused by or in connection with the use of or reliance on any content, goods or services mentioned in the press release.

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How the U.S. benefits when China turns its back on Bitcoin – Nation & World News - WUFT

So Chinese bitcoin miners began moving their gear to U.S. towns like Kearney, Nebraska. (Image credit: John Ruwitch/NPR).

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If you hate Crypto because Putin might use it, you should also hate the internet, GPS, cars, airplanes, and oxygen.

In recent comments and opinions from people involved with crypto and also from people not so involved in crypto about how Cryptocurrency's image will be tainted if Putin uses it in future.

Putin will likely use Crypto to help circumvent sanctions and ensure he has other financial avenues.

But If you hate Crypto because Putin might use it, you should also hate the internet, cars, oxygen, water & earth.

Crypto isn’t just a safe haven asset. It’s also the perfect tool for refugees who seek to protect their wealth as they flee a war torn nation.

Cryptocurrencies have been neutral and always will be!

Stay safe everyone!

Submitted February 24, 2022 at 10:20PM by AffectionateMind26 https://ift.tt/JT0vOKP https://ift.tt/ujN5Z7w

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Daily Discussion, February 25, 2022

Please utilize this sticky thread for all general Bitcoin discussions! If you see posts on the front page or /r/Bitcoin/new which are better suited for this daily discussion thread, please help out by directing the OP to this thread instead. Thank you!

If you don't get an answer to your question, you can try phrasing it differently or commenting again tomorrow.

Join us in the r/Bitcoin Chatroom!

Please check the previous discussion thread for unanswered questions.

Submitted February 24, 2022 at 11:07PM by rBitcoinMod https://ift.tt/CK6vAsE https://ift.tt/ujN5Z7w

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How the U.S. benefits when China turns its back on Bitcoin – Nation & World News - WUFT

So Chinese bitcoin miners began moving their gear to U.S. towns like Kearney, Nebraska. (Image credit: John Ruwitch/NPR).

from Google Alert - Bitcoin https://ift.tt/1bxhwuU

If you hate Crypto because Putin might use it, you should also hate the internet, GPS, cars, airplanes, and oxygen.

In recent comments and opinions from people involved with crypto and also from people not so involved in crypto about how Cryptocurrency's image will be tainted if Putin uses it in future.

Putin will likely use Crypto to help circumvent sanctions and ensure he has other financial avenues.

But If you hate Crypto because Putin might use it, you should also hate the internet, cars, oxygen, water & earth.

Crypto isn’t just a safe haven asset. It’s also the perfect tool for refugees who seek to protect their wealth as they flee a war torn nation.

Cryptocurrencies have been neutral and always will be!

Stay safe everyone!

Submitted February 24, 2022 at 10:20PM by AffectionateMind26 https://ift.tt/JT0vOKP https://ift.tt/ujN5Z7w

Daily Discussion, February 25, 2022

Please utilize this sticky thread for all general Bitcoin discussions! If you see posts on the front page or /r/Bitcoin/new which are better suited for this daily discussion thread, please help out by directing the OP to this thread instead. Thank you!

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Join us in the r/Bitcoin Chatroom!

Please check the previous discussion thread for unanswered questions.

Submitted February 24, 2022 at 11:07PM by rBitcoinMod https://ift.tt/CK6vAsE https://ift.tt/ujN5Z7w

⚡ Lightning Thursday! February 24, 2022: Explore the Lightning Network!⚡

The lightning network is a second-layer solution on top of the Bitcoin blockchain that enables quick, cheap and scalable Bitcoin payments.

Here is the place to discuss and learn more about lightning!

Ask your questions about lightning

Provide reviews, feedback, comparisons of LN apps, services, websites etc

Learn about new LN features, development, apps

Link to good quality resources (articles, wikis etc)

Resources:

• Here is an awesome list of resources compiled by Jameson Lopp: https://www.lopp.net/lightning-information.html

• Want to test out your lightning fire power? tip the Bitcoin devs! https://bitcoindevlist.com/

• Previous threads: Search

• Lnbook getting closer towards being finished and can already be seen at: https://github.com/lnbook/lnbook

• Lightning Dedicated YouTube Channel: https://youtube.com/renepickhardt

• Also there is the playlist by chaincode labs: https://youtube.com/playlist?list=PLpLH33TRghT17_U3as2P3vHfAGL8pSOOY

• Lightning stores: https://www.lightningnetworkstores.com/

• Learn more and talk about lightning right here in r/Bitcoin, r/bitcoinbeginners, r/thelightningnetwork, and the r/Bitcoin chat

Submitted February 24, 2022 at 12:15AM by rBitcoinMod https://ift.tt/aWtGuDx https://ift.tt/EV9toCO

Daily Discussion, February 24, 2022

Please utilize this sticky thread for all general Bitcoin discussions! If you see posts on the front page or /r/Bitcoin/new which are better suited for this daily discussion thread, please help out by directing the OP to this thread instead. Thank you!

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Join us in the r/Bitcoin Chatroom!

Please check the previous discussion thread for unanswered questions.

Submitted February 23, 2022 at 11:09PM by rBitcoinMod https://ift.tt/5mIyla6 https://ift.tt/EV9toCO

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Pro.coinbase.com Login - Buy & Sell Bitcoin - Google Sites

Along with the approach to buy and sell bitcoin, Ethereum and other bitcoins, Coinbase pro offers solutions to manage the funds and ace the ...

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Russian invasion and crypto prices and death.

This is a crypto sub and we will no doubt be attempting to analyze crypto prices as the invasion progresses. But, I know we will first and foremost be thinking about the horrors people and animals will be going through. While I hope all of our crypto friends and non-crypto holders are safe, I know this won't be the case.

I don't know exactly how this will impact BTC or other coin prices. I don't know how many lives will be lost or ruined. I hope those on this sub in direct danger now get someplace safe!

Submitted February 23, 2022 at 10:02PM by Invest07723 https://ift.tt/XPW9aQq https://ift.tt/EV9toCO

Daily Discussion, February 24, 2022

Please utilize this sticky thread for all general Bitcoin discussions! If you see posts on the front page or /r/Bitcoin/new which are better suited for this daily discussion thread, please help out by directing the OP to this thread instead. Thank you!

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Submitted February 23, 2022 at 11:09PM by rBitcoinMod https://ift.tt/5mIyla6 https://ift.tt/EV9toCO

Bitcoin price could 'probe lower' as volumes dip and macroeconomic issues loom overhead

Bitcoin's sell-off appears to be taking a pause even though the United States ... Percentage of entities holding Bitcoin that are in profit.

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How The SEC Is Campaigning The SEC For A Bitcoin Spot ETF - CryptosRus

Grayscale Investments launches a campaign that seeks public comments to convince the SEC to approve their Bitcoin Spot ETF.

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The Faster You Use Bitcoin Era To Trade Crypto, The Better For You. Here's why - News Anyway

In 2009, when Bitcoin was first made available to the general public, it completely changed the global financial markets.

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El Salvador Already Has $500 Million Vowed for Its 'Meme' Bitcoin Bond - Markets Insider

People are more interested in the novelty of the bitcoin bond than its fundamentals, one El Salvador financial executive told the Wall Street ...

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Novatar: The Ultimate NFT Project That Is Dominating the NFT Market Now

NFTs have emerged as the biggest trend on the blockchain industry due to their massive popularity with mainstream users. This novelty form of digital assets have enabled artists and creators to mint and monetize their creations without going through complex processes associated with traditional platforms.

Therefore, it is unsurprising that the NFT trade volume increased nearly three-fold from $2.67 billion in December 2021 to $6.86 billion in January 2022, according to data from The Block Research.

Adoption by social media platforms Twitter, Reddit and Meta, have also accelerated the growth of NFTs. As a result, the demand for social media NFT avatars is at its peak, and Novatar, an innovative NFT project, offers a solution for everyone to own their NFTs.

Own your digital avatar

Novatars is a unique project that enables users to own digital avatars that can be deployed on social media, play-to-earn protocols and Metaverses. Unlike other NFT platforms, the Novatars enables users to purchase, grow, and nurture their NFT avatars.

Its ecosystem consists of a limited collection of 25,000 baby avatars that will grow on the blockchain and transform into adults. The avatars included on Novatars are diverse and have different races, genders and sexual orientations.

This makes it the first of its kind project that imitates the real-life cycle using blockchain technology. All that is needed is to purchase a baby avatar. Each baby Novatar character has nine basic genes in its DNA and as it becomes an adult it will acquire up to 14 genes.

Owners can decide to age their baby Novatars 30 days after thee NFT reveal, and this process is irreversible. The beauty of this process is that users can acqure unique genes that determine the character of their avatar and mint heterosexual and homosexual avatars.

Novatars also stands out from others with its user-friendly, accessible platform for beginners and advanced users. All that is required is to visit the website and connect a supported wallet. Once connected, the entire features related to the avatar becomes active, and users can go to their page to perform relevant actions.

Novatar presale begins February 27

Novatars has already revealed the presale of its NFTs on February 27, 2022, by 2 PM EST. An initial pool of 10,000 Novatars will be made available in the first round of the presale, and participants will be able to purchase them for 0.1 ETH per piece.

Novatar presale represents an excellent opportunity for crypto enthusiasts to become a stakeholder in one of the top NFT projects in the crypto world. Several analysts have already stated that Novatars have the potential to become one of the top NFT collections like CryptoPunks and Bored Ape Yacht Club.

More developments in the horizon

Novatar has developed a vast community on Discord, Twitter and Reddit. In addition, its smart contracts have been verified, and users can be assured of the safety of their NFTs.

As the demand for NFT avatars keeps expanding, Novatar ecosystem will continue to evolve in utility and features. To learn more about Novatar, visit the links below.

Website Twitter

 

 

---

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Bitcoin, Ethereum, Dogecoin Recover Thanks To 'Dip Buying' And Seller Exhaustion ... - Benzinga

Bitcoin, Ethereum, Dogecoin Recover Thanks To 'Dip Buying' And Seller Exhaustion — Analyst Says Watch Out For These Two Key Levels Says This Analyst.

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Bitcoin Retro 90s Grunge Rock Logo Unisex Hoodie - Amazon.com

Buy Bitcoin Retro 90s Grunge Rock Logo Unisex Hoodie: Shop top fashion brands Hoodies at Amazon.com ✓ FREE DELIVERY and Returns possible on ...

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Daily Discussion, February 23, 2022

Please utilize this sticky thread for all general Bitcoin discussions! If you see posts on the front page or /r/Bitcoin/new which are better suited for this daily discussion thread, please help out by directing the OP to this thread instead. Thank you!

If you don't get an answer to your question, you can try phrasing it differently or commenting again tomorrow.

Join us in the r/Bitcoin Chatroom!

Please check the previous discussion thread for unanswered questions.

Submitted February 22, 2022 at 11:05PM by rBitcoinMod https://ift.tt/wNOd4R8 https://ift.tt/GpuEngR

Buy, dont sell your BTC in this dip, says Mexican billionaire

https://ift.tt/iBDQN09

Submitted February 21, 2022 at 08:55PM by Putukshutuk21 https://ift.tt/fZEYFMJ https://ift.tt/G1bwLSq

Which one of you is up skiing this week?

https://ift.tt/gnIrzPe

Submitted February 21, 2022 at 08:13PM by An3wbis https://ift.tt/qiJmAR7 https://ift.tt/G1bwLSq

Alium Finance Will Give Away 380,000 ALM Tokens in Honor of Listing on the MEXC Exchange

PRESS RELEASE. DeFi ecosystem Alium Finance, which combines a native multi-chain decentralized exchange and NFT marketplace, announced a massive airdrop in honor of listing on the MEXC cryptocurrency exchange. In order to participate in the free token giveaway, MX token holders must stake coins, and then they will receive the right to vote and can become one of the winners of the Alium Finance airdrop. Recipients of ALM tokens will be selected randomly, depending on the size of the balance of MX coins in the Spot Wallet.

“Partnership with such a large cryptocurrency exchange as MEXC, which today serves more than 6 million users from all over the world, is an important event for our company. We plan to expand our interaction in the future and launch new joint initiatives for the community,” commented Denis Denisov, CEO of Alium Finance.

Voting with MX tokens will start on Tuesday, February 22, and will last from 02:00 to 10:50 (UTC). Airdrop winners will receive rewards in ALM tokens with a total value of over $26,000.

The listing of the ALM token will also take place on the same day. Deposit and withdrawal of funds will be available at 15:00 (UTC).

“All registered users will be able to trade the ALM token on a listing day. The token will be available for trading in a pair ALM/USDT. 2022 is expected to be a massive year for our Alium, and listing with MEXC will help stoke the mass adoption,” said Denis Denisov.

More information here

The company also plans to launch DAO this year to create an open environment for users and developers.

About MEXC Global

Established in April 2018, MEXC Global is a digital asset trading platform with over 7 million users, which offers users one-stop services including spot, margin, leveraged ETFs, derivatives trading and staking services. The core members of the team come from international enterprises and financial companies and have experience in blockchain and financial industries.

For reference:

Alium Finance is a multi-chain DeFi ecosystem with an ambitious roadmap for cross-chain DeFi and NFT products. The ecosystem combines several products:

• Alium Swap is a multi-chain decentralized exchange with a cross-chain option that already supports blockchains such as Binance Smart Chain and Huobi ECOChain, as well as Ethereum, Near, Matic, Metis, and Fantom;
• Alium Strong Holders Pool is a great tool for holders to monetize hold term HODLing pioneered by Alium Finance;
• Alium Hybrid Liquidity allows users to trade almost any crypto using the liquidity available both on Alium and the rest of the DeFI market;
• Alium Bridges are cross-chain bridges that use multi-chain ALM token integrated with Hybrid Liquidity for seamless and secure Cross-Chain Swaps with almost unlimited liquidity.

The ALM token is the main token of the Alium Finance ecosystem. Governance token for DAO and utility token for Alium Finance products.

Related Links:

Official Website: https://alium.finance

Twitter: https://twitter.com/AliumSwap

Telegram Announcement Channel：https://t.me/aliumswap_official

Medium: https://aliumswap.medium.com

 

---

This is a press release. Readers should do their own due diligence before taking any actions related to the promoted company or any of its affiliates or services. Bitcoin.com is not responsible, directly or indirectly, for any damage or loss caused or alleged to be caused by or in connection with the use of or reliance on any content, goods or services mentioned in the press release.

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Why isn’t Bitcoin going up?

The world is falling apart. Trillions of dollars printed in the past few years led to 6% global inflation and 7-10% inflation in the US (based on which pricing index you use) Potentially going into WW3–Russia is about to invade Ukraine again. Banks are not even safe because they’re confiscating money left and right The stock market is falling and bonds are falling as billions of dollars flow out of it. Crypto adoption is wider than ever Why isn’t all of that money flowing into crypto? The fundamentals look better than ever.

Also one thing is for certain: 1 Bitcoin will always be 1 Bitcoin

Submitted February 21, 2022 at 08:41PM by 50EMA https://ift.tt/RulhQ6w https://ift.tt/G1bwLSq

bitcoinmovementdotblogspotdotcom #bitcoinmovement https://ift.tt/3A6heI9

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Just a friendly reminder to buy the dip.

2017 investor here. Made and lost over a quarter million in my first 6 months of investing. (1st BTC buy in Mid 2017, and held shitcoins all the way down in 2018) 20k --> 256k --> 17k.

Now I own two homes, Multiple cars, and still have a $850k stack of crypto... half in BTC, half in hedera. (Down 220k this week alone)

What was my secret? I bought every dip for 3 years, half in BTC, half spread among my favorite shitcoins.

NKN was my big break, turning a few k into $1M over a few months when it went from 2 cents to a dollar, but I held half the coins in the top 50 and a few in the top 300 during the long crypto winter.

I promised myself not to buy more ever again, but I tossed some from my emergency fund in at 33k the other week and just tossed the rest in tonight.

If history has taught me anything, its that moments like these are moments of the greatest financial opportunity.

Excited to see where we are 4 years from now.

Good luck, and BTFD!

Submitted February 21, 2022 at 09:57PM by Cryptorich13 https://ift.tt/ZR0ewYq https://ift.tt/G1bwLSq

Why isn’t Bitcoin going up?

The world is falling apart. Trillions of dollars printed in the past few years led to 6% global inflation and 7-10% inflation in the US (based on which pricing index you use) Potentially going into WW3–Russia is about to invade Ukraine again. Banks are not even safe because they’re confiscating money left and right The stock market is falling and bonds are falling as billions of dollars flow out of it. Crypto adoption is wider than ever Why isn’t all of that money flowing into crypto? The fundamentals look better than ever.

Also one thing is for certain: 1 Bitcoin will always be 1 Bitcoin

Submitted February 21, 2022 at 08:41PM by 50EMA https://ift.tt/RulhQ6w https://ift.tt/G1bwLSq

Saudi Arabia Princess on NFTs: ‘They Are the Next Medium of Artistic Expression’

Non-fungible tokens (NFTs) are a new medium of artistic expression that gives artists the freedom and the ability to reach a diverse audience, Saudi Princess Reem Al Faisal has said.

Decentralized Art

According to the Saudi Arabian princess, Reem Al Faisal, NFTs are a natural evolution of art that gives artists the freedom to reach different races, cultures and places. Al Faisal also asserts that NFTs have done what decentralized finance (defi) has done to finance — they have “decentralized art.”

The Saudi princess’ comments about artists’ adoption or growing use of NFTs follow recent reports that she had launched her first NFT as well as the first virtual exposition of Saudi NFTs. Also, prior to launching the NFTs, Al Faisal, a photographer for more than 30 years, had sold her works on the NFT marketplace, Opensea.

Remarking on the reaction to her own NFT launch, the Saudi princess said she is surprised that people still fail to see NFTs as a new way of exhibiting art. She said:

People make a lot of fuss about it [NFTs] but I don’t understand why they are so shocked that people go into NFTs, specifically artists and specifically photographers. It’s the next medium of artistic expression.

Yet, in spite of their role in empowering artists, NFTs have been targeted by critics who insist the tokens are being used to launder money. A British security and defence think tank, Royal United Services Institute (RUSI), appeared to be back the claims when it warned that NFTs could be used to bolster money laundering schemes.

However, in her comments during an exclusive interview with Bitcoin.com News, an unfazed Al Faisal said she will continue to keep abreast with the changing trends.

“It’s that world of the blockchain, the metaverse and I want my work to be exhibited on that world,” Al Faisal explained.

An Important Evolution in Finance

Besides endorsing NFTs, the 56-year-old princess Al Faisal also told Bitcoin.com News that she has “always been fascinated by the blockchain” which she says is now part of everyday life in Saudi Arabia. She said her IT company, Dar Al Saaed already deals with blockchain. Besides the blockchain, Al Faisal said she is also fascinated by cryptocurrencies and bitcoin which she called “the most amazing technology.”

Turning to the use of cryptocurrencies in Saudi Arabia, Al Faisal acknowledges that the kingdom, unlike some of its fellow Gulf Cooperation Council (GCC) countries, has not formally adopted these just yet. However, she predicts that the Saudi government “will probably regulate cryptocurrency and allow free use of that tech because it has shown itself to be an important evolution in finance.”

Al Faisal also shared another reason why some in Saudi Arabia are confident that the kingdom, which previously said cryptocurrencies are illegal, will eventually allow the free use of cryptos. She said:

“Saudi Arabia has always adopted the most advanced thing it can find. It has adopted anything new and since cryptocurrencies are still new there is an expectation that these too will be adopted.”

What are your thoughts on this story? Tell us what you think in the comments section below.

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Hoo’s First Stage of Token-Repurchase Program Completed With Over 400,000 HOO Token Added to Its AMM Liquidity Pool

PRESS RELEASE. On February 17th, 2022, Hoo announced the completion of the first-stage token-repurchase plan on HOO Token with a cumulative total of 423,982.18 HOO repurchased from the secondary market.

From January 2022, Hoo had imposed the strategic plan on generating 30% of the income revenue from spot trading (Spot Zone + Innovation Zone) of Hoo Exchange for enhancing the liquidity of the AMM pool. 15% of the income revenue would be used to repurchase HOO from the secondary market, and all the repurchased HOO would be placed into AMM liquidity pool. The remaining 15% income revenue would also be transferred to the AMM liquidity pool for optimizing the depth and activation of the secondary market continuously.

According to the announcement, Hoo’s accumulated spot transaction income is 3,385,520 USDT in January 2022. Thus, 1,015,656 USDT will be imposed into token-repurchase agreement, and half of which will be used to repurchase HOO from the secondary market and the remaining half of the USDT from income revenue will be added to the Hoo AMM liquidity pool together with the repurchased HOO.

In addition, contributing to the support of a strong user base of Hoo Exchange, Hoo’s market share has further increased with steady growth in the past few months. According to Coingecko, HOO’s market capitalisation reached $92,427,436 on 31st January 2022, which has reached a 22.73% year-on-year growth on the total market capitalisation.

HOO is an important element for the development of Hoo’s global ecology. During the past periods, the Hoo team has visualized plenty of enriched application scenarios for HOO based on the users’ needs.

1. Acting as GAS fee on HSC.
2. Participating in HooPool mining: HOO holders can use their HOO to participate in the initial mining event of a new project. The token holders can pledge the HOO or other crypto assets to participate in the HooPool event in a privileged position where they could preempt into the pool earlier than other users who do not hold HOO.
3. Doubled income from liquidity mining and fee share by pledging HOO on HSC.
4. Discounted handling fees with VIP benefits: e.g., users who hold 10,000 HOO can enjoy VIP1 level benefits, and holding 500,000 HOO can enjoy VIP4 level benefits.
5. Receiving a commission rebate by referring new users.
6. Participating in the Right to Gain program: the opportunity to enjoy benefits such as an increase in the maximum amount of participation and an increase in base earnings.
7. To borrow over 20 kinds of mainstream cryptocurrencies by pledging HOO to meet users’ daily capital needs.
8. Participating in the Hoo exchange’s new crypto launch for investing in other projects with high potential.
9. Entitled to special benefits for Hoo marketing campaigns, including AMA, gift cards, blind boxes, prize draws, etc.
10. Redeeming HOO for small amounts of currencies: some users who hold small amounts of currencies that cannot be traded directly can enjoy the benefit of redeeming HOO once within 6 hours.

About Hoo

Hoo was founded in 2018. After 3 years of development, in addition to operating the world’s leading cryptocurrency exchange, Hoo’s business covers the entire blockchain ecosystem with over 2.4 million total users covering more than 120 countries and regions worldwide.

So far, Hoo has established a complete product business matrix with better ecological services. The core businesses include OTC, Spot, Futures, HOO, Collateral Loan, Hoo Earn, HooPool, HooSwap, Hoo Custody, Hoo Cub Fund, Hoo Mining, etc.

Contact us

Follow Hoo on social media to stay up to speed with the latest news: Weibo, Twitter, Telegram, Medium, Reddit, Facebook, Instagram, LinkedIn.

 

---

This is a press release. Readers should do their own due diligence before taking any actions related to the promoted company or any of its affiliates or services. Bitcoin.com is not responsible, directly or indirectly, for any damage or loss caused or alleged to be caused by or in connection with the use of or reliance on any content, goods or services mentioned in the press release.

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Top cryptocurrency prices today: Bitcoin, Ethereum drop; Solana rises 5% - The Economic Times

Barring Solana and Terra, all other top digital tokens were trading in lower. Avalanche tanked about 5 per cent, whereas Bitcoin dropped 2 per cent to ...

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Bitcoin: How much should you invest if you're a beginner? | Marca

Bitcoin was created by a group of programmers using the name "Satoshi Nakamoto." But the real creator(s) of Bitcoin is still unknown to the public.

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Cryptocurrency prices today: Bitcoin tumbles below $40000-mark

Prices of Bitcoin and major altcoins tumbled and the global cryptocurrency market remained flat as tensions between Russia and Ukraine continue to ...

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Gold regains safe haven lustre while bitcoin struggles - AFR

Investors have shunned cryptocurrencies such as bitcoin as tensions between Russia and Ukraine have escalated, and are instead seeking refuge in ...

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TA: Bitcoin Breaks $40K, Why Recovery Could Face Hurdles - NewsBTC

Bitcoin extended decline below the $40000 support against the US Dollar. BTC is correcting losses, but it might face resistance near the $39500 ...

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Hoo’s First Stage of Token-Repurchase Program Completed With Over 400,000 HOO Token Added to Its AMM Liquidity Pool

PRESS RELEASE. On February 17th, 2022, Hoo announced the completion of the first-stage token-repurchase plan on HOO Token with a cumulative total of 423,982.18 HOO repurchased from the secondary market.

From January 2022, Hoo had imposed the strategic plan on generating 30% of the income revenue from spot trading (Spot Zone + Innovation Zone) of Hoo Exchange for enhancing the liquidity of the AMM pool. 15% of the income revenue would be used to repurchase HOO from the secondary market, and all the repurchased HOO would be placed into AMM liquidity pool. The remaining 15% income revenue would also be transferred to the AMM liquidity pool for optimizing the depth and activation of the secondary market continuously.

According to the announcement, Hoo’s accumulated spot transaction income is 3,385,520 USDT in January 2022. Thus, 1,015,656 USDT will be imposed into token-repurchase agreement, and half of which will be used to repurchase HOO from the secondary market and the remaining half of the USDT from income revenue will be added to the Hoo AMM liquidity pool together with the repurchased HOO.

In addition, contributing to the support of a strong user base of Hoo Exchange, Hoo’s market share has further increased with steady growth in the past few months. According to Coingecko, HOO’s market capitalisation reached $92,427,436 on 31st January 2022, which has reached a 22.73% year-on-year growth on the total market capitalisation.

HOO is an important element for the development of Hoo’s global ecology. During the past periods, the Hoo team has visualized plenty of enriched application scenarios for HOO based on the users’ needs.

1. Acting as GAS fee on HSC.
2. Participating in HooPool mining: HOO holders can use their HOO to participate in the initial mining event of a new project. The token holders can pledge the HOO or other crypto assets to participate in the HooPool event in a privileged position where they could preempt into the pool earlier than other users who do not hold HOO.
3. Doubled income from liquidity mining and fee share by pledging HOO on HSC.
4. Discounted handling fees with VIP benefits: e.g., users who hold 10,000 HOO can enjoy VIP1 level benefits, and holding 500,000 HOO can enjoy VIP4 level benefits.
5. Receiving a commission rebate by referring new users.
6. Participating in the Right to Gain program: the opportunity to enjoy benefits such as an increase in the maximum amount of participation and an increase in base earnings.
7. To borrow over 20 kinds of mainstream cryptocurrencies by pledging HOO to meet users’ daily capital needs.
8. Participating in the Hoo exchange’s new crypto launch for investing in other projects with high potential.
9. Entitled to special benefits for Hoo marketing campaigns, including AMA, gift cards, blind boxes, prize draws, etc.
10. Redeeming HOO for small amounts of currencies: some users who hold small amounts of currencies that cannot be traded directly can enjoy the benefit of redeeming HOO once within 6 hours.

About Hoo

Hoo was founded in 2018. After 3 years of development, in addition to operating the world’s leading cryptocurrency exchange, Hoo’s business covers the entire blockchain ecosystem with over 2.4 million total users covering more than 120 countries and regions worldwide.

So far, Hoo has established a complete product business matrix with better ecological services. The core businesses include OTC, Spot, Futures, HOO, Collateral Loan, Hoo Earn, HooPool, HooSwap, Hoo Custody, Hoo Cub Fund, Hoo Mining, etc.

Contact us

Follow Hoo on social media to stay up to speed with the latest news: Weibo, Twitter, Telegram, Medium, Reddit, Facebook, Instagram, LinkedIn.

 

---

This is a press release. Readers should do their own due diligence before taking any actions related to the promoted company or any of its affiliates or services. Bitcoin.com is not responsible, directly or indirectly, for any damage or loss caused or alleged to be caused by or in connection with the use of or reliance on any content, goods or services mentioned in the press release.

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Opensea NFT hack explain Thread

1. 28 days ago the hacker uploads a new smart contract, he already knows well that his goal is to get as many signatures as possible

2. He starts sending emails with phising websites. They tell you to sign a message to login/migrate to the new Opensea smart contract

Instead you are signing a private sale (0 eth) of your NFTs to the hacker

1. Today he executes the smart contract function to steal the NFTs before their listings expire

He can do that because he has your signatures stored on his server

1. As a final note, always check what you are signing, because one click makes a difference.

You can revoke access to your NFTs from official Etherscan website:

https://etherscan.io/tokenapprovalchecker

📢 All this is what we believe to have happened, but the investigation is still ongoing

Details check this Twitter thread 🧵

https://twitter.com/isotile/status/1495234649970421760?s=21

Edit: JUST IN: Over $200M worth of NFTs reportedly stolen from OpenSea phishing hack

Submitted February 19, 2022 at 10:15PM by Frognation777 https://ift.tt/K8DWce5 https://ift.tt/f8eJ3M2

Ukraine Legalizes Bitcoin

https://ift.tt/OGS5rTg

Submitted February 19, 2022 at 11:02PM by ptownsurfer https://ift.tt/Wh7JiT2 https://ift.tt/f8eJ3M2

I haven't seen this video on this sub yet. Bunch of happy, peaceful truckers receiving their donated Bitcoin. Alberta is challenging Ottawa's use of the Emergencies Act, so hopefully any truckers identified will not be punished for receiving the funds donated to them.

https://youtu.be/zzW4ieVSejs

Submitted February 19, 2022 at 07:15PM by Dependent-Army4891 https://ift.tt/Ryxo63O https://ift.tt/f8eJ3M2

Despite Recent Threats From Canadian Officials, ‘Real Crypto’ or Decentralized Assets Cannot Be Frozen

Over the last week, there’s been a lot of discussion about Canada ‘freezing’ digital currency accounts that are associated with the Canadian trucker’s Freedom Convoy. Amid the topical conversation, it should be stressed that decentralized cryptocurrencies like bitcoin and ethereum, cannot be frozen directly within the network. However, the Canadian government can flag specific digital currency addresses and take it even further, by asking centralized entities like crypto exchanges and payment processors to freeze the funds.

Canadian Officials Can Flag Crypto Addresses and Threaten Exchanges, but They Can’t ‘Freeze Bitcoin’

Last week, the Canadian government and Prime Minister Justin Trudeau invoked the country’s Emergencies Act and enacted Canada’s terrorist financing policy in order to blanket cryptocurrencies donations. Trudeau and the government did this to quell the protesters occupying the streets of Ottawa.

The Canadian government managed to get Gofundme to shut down the Freedom Convoy’s fundraiser and it flagged 34 crypto addresses allegedly associated with crypto fundraisers. Reports had indicated that Canada’s police sent letters to banks and crypto-asset exchanges and insisted that companies “cease facilitating any transactions” with the aforementioned flagged addresses.

According to a number of financial institutions and crypto companies, the Royal Canadian Mounted Police (RCMP) did in fact send the letters. Furthermore, another report details that an Ontario Superior Court judge has ordered financial institutions to freeze any assets tied to the Freedom Convoy including digital assets.

The order reportedly derived from a “secret hearing” initiated by Ottawa residents and attorney Paul Champ. “I can confirm that this is the first successful Mareva order in Canada targeting bitcoin and cryptocurrency exchanges,” Champ explained to the press.

Meanwhile, despite the headlines that talk about directly freezing crypto assets, it should be noted that this can only happen by threatening enforcement and targeting crypto-to-fiat off-ramps.

Yesterday, the Ontario Superior Court of Justice sent us a Mareva Injunction, ordering us to freeze and disclose information about the assets involved in the #FreedomConvoy2022 movement.

Here is our official response. pic.twitter.com/iuxliXhN5y

— nunchuk_io (@nunchuk_io) February 19, 2022

It is impossible to freeze a bitcoin (BTC) or ethereum (ETH) address and render it useless to the owner. The only way to do that is by using force or threats of imprisonment or death and ultimately obtaining a crypto owner’s private keys. This is why fundraisers, like the BTC fund that raised 21 bitcoin, utilize multi-signature controls.

According to the software developers behind the non-custodial bitcoin wallet Nunchuk, the team was sent a Mareva injunction letter. Nunchuk wrote back to the Ontario Superior Court of Justice and told the court it could not comply with the orders.

“Dear Ontario High Court Judge, Nunchuk is a self-defense, collaborative, multi-sig bitcoin wallet,” the Nunchuk team’s letter says. “We are a software provider, not a security finance intermediary. Our software is free to use. While protecting privacy, it helps people to eliminate single points of failure and save bitcoin as safely as possible.” Nunchuk’s letter adds:

We do not collect any user identification information beyond email addresses. We have no keys. So: ‘Our users’ assets cannot be disabled.’ ‘[We] Cannot “block transactions.’ We do not know the ‘presence, nature, value and location’ of our users’ assets. See how self-defense and personal keys work. When the Canadian dollar is worthless, we will be here for you.

Kraken’s CEO Jesse Powell: ‘We Cannot Protect You — Stick to Real Crypto’

Kraken’s CEO Jesse Powell explained on Twitter that if people are worried about getting their crypto funds frozen then they should not keep crypto on centralized platforms. Responding to someone commenting about crypto exchanges freezing funds, Powell said that this was “100%” the case.

“100% yes it has/will happen and 100% yes, we will be forced to comply,” said Powell. “If you’re worried about it, don’t keep your funds with any centralized/regulated custodian. We cannot protect you,” Powell Tweeted. In a later tweet, Powell discussed that going on-chain to top reserve tokens like stablecoins may not be safe either.

“You’re not necessarily safe just going on-chain,” Powell said. “The top reserve tokens with centralized issuance and redemption, like USDT and USDC have centralized control of freeze functionality that can be commandeered as easily as a bank account. Stick to real crypto,” he added. Both USDC and USDT issuers have frozen specific stablecoin addresses in the past.

In July 2020, Circle’s Centre Consortium blacklisted $100,000 in USDC after getting a request from law enforcement. Tether has blacklisted hundreds of USDT addresses and last month, the company froze $160 million worth of USDT. So while digital currency exchanges, crypto payment processors, financial institutions, and banks can “cease facilitating any transactions” with crypto addresses, decentralized assets or “real crypto” cannot be commandeered unless the accounts’ private keys are taken by threats or physical force.

What do you think about Jesse Powell’s comments about exchanges not being able to protect you and his sticking with ‘real crypto’ statement? Let us know what you think about this subject in the comments section below.

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Ontario Superior Court of Justice asked self-custody crypto wallet provider Nunchuk to ...

Nunchuk is a Bitcoin wallet that allows you to manage your bitcoin securely from multiple devices. Nunchuk shared the Court's request for information ...

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Crypto taxes are a shit show

(US Taxes) I’ve tried multiple tax tools trying to get my taxes straight this year and none of them are coming through, either the API fails to load or CSV won’t import.

I have used around 10 exchanges and some of them have hundreds of transactions I need to correct plus these dust drops in my trust wallet causing it to say I have 4 mill in unrealized gains wtf.

I can’t be the only one pulling my hair out trying not to get audited. What are you guys doing for yours? Any tips? This experience has made a hodler out of me!!!

Submitted February 19, 2022 at 06:10PM by interestedcharmander https://ift.tt/RLUcYDn https://ift.tt/f8eJ3M2

Cryptosteel characters…

https://ift.tt/BV0MhRX

Submitted February 19, 2022 at 06:21PM by sk8er1113 https://ift.tt/1d4TxCm https://ift.tt/f8eJ3M2

Nunchuk responds to Ontario Superior Court of Justice in most Bitcoin way possible

https://twitter.com/nunchuk_io/status/1494885897577271299

Submitted February 18, 2022 at 10:32PM by Svoboda1 https://ift.tt/bYaXc1I https://ift.tt/SBMvzVu

UAE Prepares to Launch Nationwide Crypto Licensing System in Line With Global Standards

The United Arab Emirates (UAE) is getting ready to start issuing federal licenses to cryptocurrency service providers in the first quarter. The UAE crypto regulation will take a hybrid approach. The government hopes that a nationwide crypto licensing system will attract big companies to the region.

UAE Prepares to Regulate Crypto Sector Nationwide

The United Arab Emirates (UAE) is getting ready to start issuing federal licenses to virtual asset service providers (VASPs) by the end of the first quarter, Bloomberg reported Thursday, citing an unnamed government official.

The UAE’s Securities and Commodities Authority (SCA) is in the final stage of amending legislation to regulate VASPs. The government hopes that a nationwide crypto licensing system will attract big companies to the region.

The country completed a risk assessment of crypto assets late last year. The assessment involved 14 public-sector agencies and 16 private-sector entities. The government concluded that proper regulation, rather than an outright ban, can mitigate the risks of cryptocurrencies being used in illicit finance schemes.

The UAE official told the news outlet that the country’s crypto regulation takes into account the latest guidance from the Financial Action Task Force (FATF) as well as regulatory strategies used in the U.S., U.K., and Singapore.

The regulation will take a hybrid approach. The SCA will regulate the crypto industry with input from the central bank. Local financial centers can establish their own daily procedures around licensing. The UAE official said the government also wants to regulate the crypto mining industry.

Some of the financial free zones in the UAE have already issued licenses for VASPs. In December, Binance signed an agreement with Dubai World Trade Centre Authority to establish a global crypto hub.

What do you think about the UAE establishing a licensing regime for the crypto industry? Let us know in the comments section below.

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A reminder that if you're not creating blocks, you're not a node on the Bitcoin network - CoinGeek

Bitcoin Creator Dr. Craig S. Wright has hit out again at the notions of "non-mining nodes" and "routing nodes," saying they have little purpose ...

from Google Alert - Bitcoin https://ift.tt/trAxlzs

bitcoinmovementdotblogspotdotcom #bitcoinmovement https://ift.tt/FcQ7Kir

from #Bitcoinmovement - The hub of Bitcoin and Crypto media https://ift.tt/tYIyuS8
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I underestimated Crypto Reddit

This subreddit, and frankly reddit, and the people who come on reddit, are too anti-libertarian, too anti-cypher punk, too anti-convoy, and too pro-KYC, you make mental gymnastics that cannot be sustained coherently with crypto, it endangers the industry and the intended point of the technology, such government powers will absolutely be used on you in the future by your political opponents, only a fool would get rid of due process and allow this type of financial surveillance, but of course 20 year old progressives are predictably fools.

Punk 6529 made a post on twitter that got 20,000 upvotes about why the precedent Trudeau is setting is completely dangerous and unsustainable, and he did it without being bias towards the truckers. I deeply underestimated how progressive crypto reddit is. The core developers, core exchange CEO, and entire fintwitter and crypto twitter are drastically more conservative and libertarian than this, and virtually all of the infrastructure they have built is to attempt to slow down the government, any government for that matter from behaving the way in which Trudeau is now doing,

​

yet here I see 600 comments on a thread with 1200 upvotes by someone going "Hey maybe Banks having this power is a bad idea" -- 600 comments defending KYC, defending CeFi, defending Pfizer, defending Ciphertrace & Chainanalysis & Elliptic, and defending Banks engaging in this behavior, and your willingness to trust the administrative state to not backdoor your crypto without due process, despite you literally defending the abrogation of due process. It makes me sick to my stomach.

​

The intention of crypto was Monero, and specifically the separation of state and money, not to recreate Web 2 on chain, with thought crimes and Black Mirror surveillance like China, on chain, not for your stupid pumpanomics, not for your willingness to comply with these insanely censorious regulations that merely recreate the entire SWIFT system and US Sanctions Regime onchain, which they by the way use to do extremely imperialist, racist things on the regular. You people are utter fools.

Submitted February 18, 2022 at 10:01PM by samdane7777 https://ift.tt/q3WsmRo https://ift.tt/SBMvzVu

bitcoinmovementdotblogspotdotcom #bitcoinmovement https://ift.tt/FcQ7Kir

from #Bitcoinmovement - The hub of Bitcoin and Crypto media https://ift.tt/NtrMwIb
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Bitcoin hashrate reaches new ATH!!

https://ift.tt/ETMdCk4

Submitted February 18, 2022 at 11:12PM by Defy-Trends https://ift.tt/wmO63AX https://ift.tt/SBMvzVu

bitcoinmovementdotblogspotdotcom #bitcoinmovement https://ift.tt/FcQ7Kir

from #Bitcoinmovement - The hub of Bitcoin and Crypto media https://ift.tt/W2Thn0F
via IFTTT

A reminder that if you're not creating blocks, you're not a node on the Bitcoin network - CoinGeek

Bitcoin Creator Dr. Craig S. Wright has hit out again at the notions of "non-mining nodes" and "routing nodes," saying they have little purpose ...

from Google Alert - Bitcoin https://ift.tt/trAxlzs

I underestimated Crypto Reddit

This subreddit, and frankly reddit, and the people who come on reddit, are too anti-libertarian, too anti-cypher punk, too anti-convoy, and too pro-KYC, you make mental gymnastics that cannot be sustained coherently with crypto, it endangers the industry and the intended point of the technology, such government powers will absolutely be used on you in the future by your political opponents, only a fool would get rid of due process and allow this type of financial surveillance, but of course 20 year old progressives are predictably fools.

Punk 6529 made a post on twitter that got 20,000 upvotes about why the precedent Trudeau is setting is completely dangerous and unsustainable, and he did it without being bias towards the truckers. I deeply underestimated how progressive crypto reddit is. The core developers, core exchange CEO, and entire fintwitter and crypto twitter are drastically more conservative and libertarian than this, and virtually all of the infrastructure they have built is to attempt to slow down the government, any government for that matter from behaving the way in which Trudeau is now doing,

​

yet here I see 600 comments on a thread with 1200 upvotes by someone going "Hey maybe Banks having this power is a bad idea" -- 600 comments defending KYC, defending CeFi, defending Pfizer, defending Ciphertrace & Chainanalysis & Elliptic, and defending Banks engaging in this behavior, and your willingness to trust the administrative state to not backdoor your crypto without due process, despite you literally defending the abrogation of due process. It makes me sick to my stomach.

​

The intention of crypto was Monero, and specifically the separation of state and money, not to recreate Web 2 on chain, with thought crimes and Black Mirror surveillance like China, on chain, not for your stupid pumpanomics, not for your willingness to comply with these insanely censorious regulations that merely recreate the entire SWIFT system and US Sanctions Regime onchain, which they by the way use to do extremely imperialist, racist things on the regular. You people are utter fools.

Submitted February 18, 2022 at 10:01PM by samdane7777 https://ift.tt/q3WsmRo https://ift.tt/SBMvzVu

Bitcoin hashrate reaches new ATH!!

https://ift.tt/ETMdCk4

Submitted February 18, 2022 at 11:12PM by Defy-Trends https://ift.tt/wmO63AX https://ift.tt/SBMvzVu

I bought $1k of the Top 10 Cryptos on January 1st, 2018 (JAN Update/Month 49)

​

EXPERIMENT – Tracking 2018 Top Ten Cryptocurrencies – Month Forty-Nine – UP 4%

Find the full blog post with all the tables here.

Welcome to your monthly no-shill data dump: Here's the 49th monthly report for the 2018 Top Ten Experiment featuring BTC, XRP, ETH, BCH, ADA, LTC, NEM, DASH, IOTA, and Stellar.

tl;dr

• What's this all about? I purchased $100 of each of Top 10 Cryptos in Jan. 2018, haven't sold or traded, reporting monthly for over four years. Did the same in 2019, 2020, 2021, and 2022. Learn more about the history and rules of the Experiments here.
• Snapshots taken on the 1st of each month.
• January Highlights: (crickets)
• Overall since Jan. 2018: ETH solidly in the lead, followed by BTC and ADA, the only three in the green.
• 2018+2019+2020+2021+2022 Combined Top Ten Portfolios are returning 224%.
• Reminder: I'm focusing mainly on the 2022 Top Ten Portfolio this year and will release one other bonus update per month on a rotating basis.

Month Forty-Nine – UP 4%

https://preview.redd.it/fqkjno1z5ji81.jpg?width=939&format=pjpg&auto=webp&s=69b83bb2e4f564346525afc6d789432f3c5d9212

The 2018 Top Ten Crypto Index Fund Portfolio is BTC, XRP, ETH, BCH, ADA, LTC, IOTA, NEM, Dash, and Stellar.  

January highlights for the 2018 Top Ten Portfolio:

• A rough start to 2022 and the second 100% red month in a row. Bitcoin (-18%) falls the least.
• ETH maintains a solid overall lead, BTC in second place, ADA in third.  Only these three cryptos are in the green since January 2018.
• The 2018 Portfolio drops -30% in January, now just +4% since January 2018 and well behind the S&P 500’s ROI over the same time period.

January Ranking and Dropouts

Here’s a look at the movement in the ranks since January 2018:

https://preview.redd.it/temsfw736ji81.jpg?width=406&format=pjpg&auto=webp&s=976f2b628fad278e6fdd065c9474fa3de3bc233d

Top Ten dropouts since January 2018: After four+ years of the 2018 Top Ten Experiment, only 40% of the cryptos that started in the Top Ten have remained.  NEM, Dash, Stellar, Bitcoin Cash, IOTA, and Litecoin have been replaced by Binance Coin, Tether, DOT, SOL, LUNA, and USDC.  NEM looks like it wants to be the first to drop out of the Top 100.

January Winners and Losers

January Winners –  100% red month, but Bitcoin dropped the least, ending January down -18%.

January Losers –  IOTA, dropping -38% this month.

Tally of Monthly Winners and Losers

After forty-nine months, here’s a tally of the monthly winners and losers over the life of the 2018 Top Ten Experiment. 

https://preview.redd.it/x444xoc66ji81.jpg?width=415&format=pjpg&auto=webp&s=4ec6e2bedb557270570fd6ce5af8adeca79d3abb

With 12, Bitcoin has three more monthly wins than second place Cardano.  NEM has finished last place most often (12 months out of 49).

Bitcoin is still the only cryptocurrency that hasn’t yet lost a month since January 2018 (although it has come very close a couple of times).

Overall Update –  A bloody start to 2022. Overall ETH in first place, BTC is second place. Dash in last place.

After reaching an All Time High (+72%) in October, the 2018 Top Ten Portfolio continued to lose value.  After four years of holding these cryptos, only 3 out of the 10 cryptos are in the green: BTC, ETH, and ADA.

Overall, first place ETH (+285%) is well ahead of BTC (+193%) and third place ADA (+60%).

The initial $100 invested in first place ETH four years ago?  It’s worth $386 today.

DASH is at the bottom, down nearly -91% since January 2018.  The initial $100 invested in DASH forty-nine months ago is worth about $9 today.  

Total Market Cap for the entire cryptocurrency sector:

https://preview.redd.it/jnwd1kn96ji81.png?width=582&format=png&auto=webp&s=86f05288589b3d9750278a9ca483846f2441e911

End of January 2021 market cap: $1,773,545,018,753

The total crypto market dropped significantly in January.  That said, crypto as a sector is up +208% since January 2018.  

There was no easy way to achieve this at the time, but if you were able to capture the entire crypto market since New Year’s Day 2018, you’d be doing much, much better than the Experiment’s Top Ten approach (+4%), the return of the S&P (+70%) over the same period of time, and nine of the individual cryptos within the 2018 Top Ten (except for Ethereum).

Crypto Market Cap Low Point in the 2018 Top Ten Crypto Index Experiment: $114B in January 2019.

Crypto Market Cap High Point in the 2018 Top Ten Crypto Index Experiment: $2.65T in October 2021.

Bitcoin dominance:

https://preview.redd.it/g0b69nkb6ji81.png?width=487&format=png&auto=webp&s=0855ec69693427885b1069d5e007158e15329ece

BitDom ticked up one percentage point in January, ending the month at 41.2%.  When looking at the entire four year 2018 Experiment time frame, BTC dominance is near the low end.  For context:   

Low Point in the 2018 Top Ten Crypto Index Experiment: 33% in January 2018.

High Point in the 2018 Top Ten Crypto Index Experiment: 70.5% in August 2019.

Overall return on $1,000 investment since January 1st, 2018: 

https://preview.redd.it/dzik21kc6ji81.jpg?width=340&format=pjpg&auto=webp&s=5226e53ab2f3057f5e16ba0b99a9a31671f1b7eb

The 2018 Top Ten Portfolio lost -$306 in January.  Believe it or not, December was slightly worse for this portfolio (-$325).

If I decided to cash out the 2018 Top Ten Experiment today, the $1000 initial investment would be worth $1,035, up 4% from January 2018.  

Green is unfamiliar territory for the 2018 Top Ten Portfolio and a recent development.  Over the first four+ years of the 2018 Index Fund Experiment, thirty-eight months have been in the red, with only eleven months of green.  All eleven of the green months have come in 2021/22. 

Here’s a look at the ROI over the life of the experiment, month by month, since the beginning of the 2018 Experiment four years ago:

https://preview.redd.it/qqw0snxf6ji81.jpg?width=760&format=pjpg&auto=webp&s=0976074dcd6d26331aaaa245aab3d558cd69c328

The all time high for this portfolio is October 2021 (+72%).  The lowest point was in January 2019 when the 2018 Top Ten Portfolio was down -88%.   

Remember: no one can predict the value of any crypto tomorrow, let alone next month or next year.  The 2018 Top Ten Crypto Portfolio was down -88% after one year, -80% after two years, -25% after three years.

Combining the 2018, 2019, 2020, 2021, and 2022 Top Ten Crypto Portfolios

Alright, that’s that for the 2018 Top Ten Crypto Index Fund Experiment recap.

But I didn’t stop the Experiment in 2018:  I invested another $1000 into each of the 2019, 2020, 2021, and 2022 Top Tens as well.  How are the other Crypto Index Fund Experiments doing?   

• 2018 Top Ten Experiment: up +4% (total value $1,035)
• 2019 Top Ten Experiment: up +364% (total value $4,639)
• 2020 Top Ten Experiment: up +577% (total value $6,766)
• 2021 Top Ten Experiment: up +201% (total value $3,009)
• 2022 Top Ten Experiment: down -25% (total value $747)

So overall? Taking the five portfolios together, here’s the bottom bottom bottom bottom bottom line: 

After a $5,000 investment in the 2018, 2019, 2020, 2021, and 2022 Top Ten Cryptocurrencies, the combined portfolios are worth $16,196.

That’s up +224% on the combined portfolios, down from November’s all time high of +553% for the combined Top Ten Index Fund Experiments.  Here’s the combined monthly ROI since I started tracking the metric in January 2020:

https://preview.redd.it/8m9uctlj6ji81.png?width=600&format=png&auto=webp&s=60e62c5720dff1128ee607c445c6c853c596e704

That’s a +224% gain by investing $1k in whichever cryptos happened to be in the Top Ten on January 1st (including stablecoins) for five years in a row.

Comparison to S&P 500:

I’m also tracking the S&P 500 as part of the Experiment to have a comparison point with other popular investments options.  

https://preview.redd.it/nxudx2vn6ji81.png?width=582&format=png&auto=webp&s=5d7305ca4e89e11fe0a5d71b45112afdc86c7416

The S&P 500 is up +70% since January 2018, so the initial $1k investment into crypto on January 1st, 2018 would be worth $1,700 had it been redirected to the S&P.  

Taking the same invest-$1,000-on-January-1st-of-each-year approach with the S&P 500 that I’ve been documenting through the Top Ten Crypto Experiments, the yields are the following:

• $1000 investment in S&P 500 on January 1st, 2018 = $1,700 today
• $1000 investment in S&P 500 on January 1st, 2019 = $1,810 today
• $1000 investment in S&P 500 on January 1st, 2020 = $1,410 today
• $1000 investment in S&P 500 on January 1st, 2021 = $1,210 today
• $1000 investment in S&P 500 on January 1st, 2022 = $950 today

Taken together, here’s the bottom bottom bottom bottom bottom line for a similar approach with the S&P: 

After five $1,000 investments into an S&P 500 index fund in January 2018, 2019, 2020, 2021, and 2022 my portfolio would be worth $7,080.

That is up +42% since January 2018 compared to a +224% gain of the combined Top Ten Crypto Experiment Portfolios.

Here’s a fancy new chart showing the four year ROI comparison between a Top Ten Crypto approach and the S&P as per the rules of the Top Ten Experiments: 

https://preview.redd.it/oyo0c99q6ji81.png?width=575&format=png&auto=webp&s=f426556b1975b3e706e89121b37b083f1295d007

Conclusion:

Many thanks to the long-time Experiment followers, appreciate you taking the time to follow along over the years.  For those just getting into crypto, welcome! I hope these reports can somehow give you a taste of what you may be in for as you begin your crypto adventures.  Buckle up, think long term, don’t invest what you can’t afford to lose, and try to enjoy the ride! Feel free to reach out with any questions and stay tuned for monthly progress reports. Keep an eye out for my parallel projects where I repeat the experiment, purchasing another $1000 ($100 each) of new sets of Top Ten cryptos as of January 1st, 2019, January 1st, 2020, January 1st, 2021, and most recently, January 1st, 2022.

Submitted February 17, 2022 at 11:55PM by Joe-M-4 https://ift.tt/8ToGYLI https://ift.tt/lOtx1qK