Crypto for Dummies

2023-04-08 21:00:42 ​ OCBC stepping into the metaverse for next-gen customers

Oversea-Chinese Banking Corporation (OCBC) O39% becomes the first local bank to launch its own metaverse experience as an avenue to acquire young prospective customers. Called OCBCx65Chulia, it is built off Decentraland, a 3D virtual world browser-based platform. It is the 43rd iteration of the product since the idea arose from an internal innovation sprint in 2021 as part of the bank’s digitalisation and transformation efforts. OCBCx65Chulia was built by an in-house technology team at OCBC, together with Web3 firm Memotics, which specialises in creating dynamic and social spaces through digital architectural design. It is named after the location of the bank’s headquarters. Speaking at the media launch on April 5, OCBC’s head of group technology architecture Peter Koh says that the bank’s venture into the metaverse was their effort to have a presence in the virtual world. It is free to the public, including non-OCBC customers, who want to learn more about the bank’s latest products and services. Открыть/Комментировать

2023-04-08 14:00:51 Celo is partnering with Google Cloud to enhance Celo's mobile-first infrastructure and DApps. The collaboration will allow founders to build on Celo to access credits for Google Cloud and Firebase usage. Открыть/Комментировать

2023-04-07 21:00:39 Blur has officially surpassed OpenSea and has become the new number 1 NFT trading platform. Открыть/Комментировать

2023-04-07 14:00:54 Apple has hid a copy of the Bitcoin whitepaper on all of its new Macs.

If you own an Apple computer, go to Terminal and type:

open /System/Library/Image Capture/Devices/VirtualScanner.app/Contents/Resources/simpledoc.pdf

The Bitcoin whitepaper, written by Satoshi Nakamoto, will pop up. Открыть/Комментировать

2023-04-06 21:00:42 Bugatti and Asprey announced the launch of the most expensive Bitcoin Inscription NFT project called The Asprey Bugatti Egg Collection, with the most costly egg coming in at over $200,000. Открыть/Комментировать

2023-04-06 14:00:59 NFT Platform OneOf Acquires Blockchain Rewards Company Tap Network

Non-fungible token (NFT) platform OneOf has acquired blockchain rewards tool Tap Network to help large companies connect with their consumers in Web3. As a part of the launch, OneOf is launching the OnePlatform, a turnkey option for companies looking to expand into Web3 that combines elements of e-commerce, data and loyalty programs.

Tap Network, founded in 2018, allows consumers to redeem loyalty points or cryptocurrencies for real world products and services from major brands. It has partnered with companies such as internet browser Brave, rideshare company Uber, entertainment firm Warner Music Group and more. Lin Dai, CEO and co-founder of OneOf, told CoinDesk that integrating Tap Network will help onboard more companies and customers into Web3 via e-commerce. Открыть/Комментировать

2023-04-05 21:00:40 ​ NFT Revenue Decreased By Roughly 31% In March, Totaling $882 Million

According to the information provided by CryptoSlam, non-fungible token transactions in March decreased by 31.42% month on month, going from $1.03 billion in February to $882.89 million on April 3.  The Ethereum network was responsible for the settlement of $537.89 million worth of those transactions in March, which accounted for more than sixty percent of total sales. In March, the Bored Ape Yacht Club (BAYC) collection was the top-selling product, with sales of $35.81 million. This figure represents a 48.19% reduction from the previous month’s sales. The month of February saw Cryptopunks’ sales increase by 87.95%, bringing the total to $30.11 million, making it the second-largest NFT compilation in terms of revenue. Following Solana in March’s sales rankings are Polygon ($36.16 million), Immutable X ($28.82 million), and Cardano ($10.08 million), with NFT transactions in Solana accounting for 10.57% of total sales and reaching $93.36 million. Открыть/Комментировать

2023-04-05 14:00:53 The largest Turkish web3 event, Istanbul Blockchain Week, is set to return for its second edition this August 2023. Открыть/Комментировать

2023-04-05 13:01:03 "NOT VERY OPTIMIST" PICTURE FOR Sp500

If we collect all the facts together, then there is a not “very optimistic” picture for Sp500.
There are so many facts in favor of the fall and almost all of them are known to you, it makes no sense to list them.
First target 3600. (Forecast will revision at this level)
Forecast for Sp500 is “negative”

But this post will be with a positive connotation.
Let's talk about the option in which the forecast does not come true:

Inflation
Now there is a moment that can be called the “inflation pie”.
The inflation target of the Fed is 2% (now 6%), that is, Powell's assessment is “very bad” so far.
But a month ago, he could have succeeded, but there was an embarrassment ...

After the bankruptcy of SVB, the situation changed.
Now the Fed will have to print billions, maybe trillions of dollars to fight the banking crisis.
Of course, the growing balance is a very inflationary factor, now there is no point in raising the rate, as the "printing press" will work.
The inflation from the new QE program will be superimposed on the past (unhealed inflation) with a second layer.
The war on inflation is lost.

Many assets can be greatly revalued because of this.
In this case, Sp500 may start to absorb liquidity and grow along with the rest of the assets.
Perhaps this is the only scenario in which assets can begin to grow.

But there is another scenario, it is more unpredictable ...

More of the most up-to-date market reviews and detailed reviews on the unique author's channel
Dorado Crypto Открыть/Комментировать

2023-04-04 21:00:38 ​ Ethereum Staking Provider Lido to Incorporate NFTs Into Unstaking Process

Lido, the largest decentralized finance (DeFi) protocol by total value locked, unveiled plans during its Node Operator Community Call #5 to release a non-fungible token (NFT) representing a user’s withdrawal request amount as part of the process of unstaking their ether (ETH). These withdrawals will be enabled after the Ethereum blockchain undergoes its next major upgrade. Ether withdrawals on Lido, where users can unstake their stETH and receive ETH at a 1:1 ratio, will have two steps: request and claim, according to Mariya Muzyko, product manager at Lido, during the call Tuesday afternoon. Once a user requests a withdrawal, they will receive a Lido-issued NFT representing their withdrawal request. The user can then use the NFT to claim their ETH rewards. The NFT is burned after the user redeems and claims their ETH. Lido was the first to provide access to liquidity to ETH holders who wanted to stake their tokens by issuing a derivative token, stETH. Открыть/Комментировать