Showing posts with label crypto news. Show all posts
Showing posts with label crypto news. Show all posts

DeFi First Comprehensive Asset Management Platform Launches Utility Token Pepperbird...

 

Pepperbird Finance PBIRD Token

Pepperbird Token (PBIRD) powers a  cutting-edge ecosystem of financial tools, personalize AI notifications and alerts, tax documenting and estimation, debt management, budgeting, and an educational hub that enhances and empowers it’s community...

As the introduction of cryptocurrency and altcoins in particular becomes a big part of the everyday investor’s portfolio, the need for diversification and rapid growth is driving more investors into the world of decentralized finance. 

The DeFi landscape is experiencing a burst of growth from both investors and projects alike; with projects being launched daily offering holders the usual reflectionary income and regular hype of buybacks and burn. It is promising when a project offers more.

One company, Pepperbird Finance scheduled to launch its utility token Pepperbird (PBIRD), May 30th on Pinksale has a noteworthy utility, a comprehensive asset management system designed to consolidate the managing and budgeting of your finances in both the centralized and decentralized sphere.

The utility deemed, JenFin Engine will eliminate the need for multiple budgeting and tax tracking applications. JenFin will enhance the user experience by tracking users' Traditional finance and decentralized finance in one place, the system designed to pull Defi transactions off the blockchain will give users a more accurate picture of their buy/sell gains and losses; making tax time a lot less complicated. Users will have the option to create income and growth portfolios (360 view of stocks, bonds, mutual funds and crypto), track liabilities, staking pools and set alerts; creating a much better foundation for wealth building.

A key spokesperson was quoted as saying “Pepperbird Finance ecosystem is crafted to empower its holders with information needed to manage finances, build income streams and take control of debt by consolidating the management of Traditional Finance (TradFi) and Decentralized Finance (DeFi). We have done extensive research and have targeted useful utilities that will keep our reflection pool and charity initiatives funded.”

The Pepperbird team has chosen to tackle a task that is needed in DeFi space, a better way to track and manage altcoin investments in one application. They have also crafted the financial tools and utilities with key focus on driving the token use case within the ecosystem. Holders gain access to discounts, tiers, percentage boost and staking incentive; which in turn increase use, decrease circulation and increase token value.

Presale for native token Pepperbird (PBIRD) starts May30th on Pinksale.finance. Their private sale round ends May 25th. There will be a whitelist and Public round on May30th, whitelisters will have an advantage for a couple of hours before the launchpad is open to the public. Whitepaper can be found here: https://whitepaper.pepperbird.finance

Join Pepperbird’s Presale: Pepperbird Presale Whitelist
Twitter: https://twitter.com/pepperbirdtoken
Telegram: https://t.me/pepperbird


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Information Provided via Press Release
The Crypto Press Association | Crypto & NFT Press Release Distribution

Support for TWO New Protocols Are Coming To Uniswap...

Uniswap adds Gnosis and Moonbeam.

Uniswap, the largest Ethereum-based decentralized exchange, and second layer solutions such as Optimism and Arbitrum, as well as Polygon, an Ethereum sidechain.

Following the community's approval of the proposed changes and confirmation of the needed votes, Uniswap will also launch on two other networks: Gnosis and Moonbeam.

"The vote had almost unanimous approval for both networks"
said a UniSwap Labs spokesperson. 

Gnosis and Moonbeam will be the first Ethereum-independent networks that Uniswap will support. However, because these are two networks are compatible with the Ethereum programming languages and smart contracts, the implementation process should be straightforward.

Moonbeam and Gnosis have agreed to make financial contributions to Uniswap before they go live on the platform.

In the case of Moonbeam, $2.5 million will be donated for the purpose of granting scholarships, and Gnosis will contribute $10 million to provide liquidity to the exchange in its network.

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Author: Adam Lee 
Asia News Desk Breaking Crypto News

Ethereum 2.0 (The Official Merge of Blockchains) Launch in AUGUST!? "Stars are aligned" Says Ethereum Foundation Team Member...

 

Ethereum 2.0

Speaking at the Permissionless 2022 Conference this week in Florida, Ethereum Foundation Sharding researcher Justin Drake said:

“It won't be June, but likely in the few months after. No firm date yet, but we're definitely in the final chapter of PoW on Ethereum.”

He than elaborated, saying...

“As far as we know, if everything goes to plan, August—it just makes sense. If we don't have to move, let's do it as soon as we can.””

Finally, giving his reasoning behind the date...

“Strong desire to make this happen before difficulty bomb in August. Stars are aligned.”

What is a difficulty bomb? 

The big deal about Ethereum 2.0 is the change to Proof Of Stake mining, the essentials you need to know are: this no longer requires the use of power-hungry mining rigs used in the current 'Proof Of Work' mining.  

The current type of mining is considered bad for the environment, because miners have computer processors working at maximum levels to solve mathematical puzzles, included in this process is encrypting and processing transactions, and creating newly minted coins which are given to miners as a their reward.

The difficulty bomb was created by Ethereum developers in 2016 with the merge to 2.0 in mind.  Once it begins, the bomb will exponentially increase the difficulty level of the puzzles required for proof of work mining, eventually making that mining impossible to do. 

The difficulty bomb is intended to stop miners who wish to continue mining the Ethereum 1.0 (Proof of Work) chain once the network has fully moved to Ethereum 2.0 (Proof of Stake).

The old and new method were supposed to overlap for awhile before the difficulty bomb kicks in, but they've lagged so long on Ethereum 2.0's launch that back in 2016 when they scheduled the difficulty bomb, they imagined Ethereum 2.0 would have launched long before now.  

A short history:

Nov 2017 "The Ethereum Killer Is Ethereum 2.0" Nasdaq reported.

June 2019 "Ethereum “ETH 2.0” Genesis Block May Launch in January 2020" Blocknomi reported 

Feb 2020 "95% Confidence': Ethereum Developers Pencil In July 2020 for Eth 2.0 Launch" Coindesk reported

May 2020 "Vitalik Buterin Says Much-Delayed Ethereum 2.0 Still on Track for July Launch" Coindesk reported.

From this point onward, there's a never-ending supply of articles saying the launch is near, sometimes based on nothing and sometime fueled by statements from Ethereum developers that imply this is the case. 

So, does this mean we can definitely expect the merge complete and Ethereum 2.0 up and operational by August? 

Nope.  Developers can propose pushing it back, it's happened before

While it would be yet another failed milestone, something most developers would find embarrassing, in the case of Ethereum's dev team it's just another entry on the massive list of all the other meaningless deadlines they gave the public. 

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Author: Mark Pippen
London News Desk 
Breaking Crypto News


This Week's NASDAQ Market Losses Tops Bitcoin's...

NASDAQ vs Bitcoin

The market's anxieties about the impact of inflation on the economy were heightened this week by the quarterly results of major retail chains, which showed smaller earnings than expected. This uncertainty was mirrored not only in the department store industry, but also in other sectors of the economy, putting downward pressure on stock prices.

This week's publication of Target's quarterly financial results started the rough week for many NADAQ listed.  The disappointing numbers reaffirmed the trend of consumers focused on spending on essentials like food, and holding off on things like televisions and bicycles. Target's sales and profitability fell short of expectations, and their stock plunged 25% on Wednesday as a result of the earnings decrease, which was even more severe than Walmart's.

The first warning came with Walmart's quarterly financial statements on Tuesday, which revealed a large dip in profits, triggering a stock price slump that began on Tuesday and has yet to stop.

Walmart began the week at $150/share and is ending it at $118.  Target began the week at $220 and is ending it at $152.

The end result (as time of writing) is Bitcoin losing -1.62% this week, and NASDAQ down -3.79%

Bitcoin gets a bounce...

The "realized price" is a well known metric among Bitcoin price analysists, and is calculated by dividing the sum of the values ​​of all coins at the time they were last moved, by the circulating supply. Analysis company Glassnote points out as the 'realized price' approaches, traders buy without hesistation because they believe they can be confident that Bitcoin is undervalused at the moment.  

The current realized price is $24,000, but traders haven't allowed it to get that low - $26,513 is the lowest BTC has gone during the current downtrend. "This may be due in part to the general market awareness of its (realized price) existence" said Glassnode.

"BITCOIN CRASHING. Great news" Rich Dad Poor Dad author Robert Kiyosaki tweeted last week, adding "Once I know bottom is in I back up the truck. Crashes are the best times to get rich."

But don't get excited yet...

We do have enough information where I can say with confidence - this is just another standard dip. One of the larger ones, but the kind we've had before. By that I mean, the kind where we go on to set new all time highs when it's all over. 

So play it smart from here, because the right moves made now will pay off large than those done in a bull market.  You want to ride the trade you make from the bear market, into the bull market.

On that note, if you're newer to crypto and want a simple, low risk way to get those big future payouts. you want to be dollar cost averaging. It's an insanely simple method, and makes it where you don't need to be right about every move you make. Read about it here, or watch a video on it here.

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Author: Ross Davis
Silicon Valley Newsroom
GCP | Breaking Crypto News


3 Hot Tokens For NFT Collectors, Fans, and Creators...

 

Meta’s Facebook and Instagram recently announced support for NFTs, including those built on the Polygon (MATIC) and Solana (SOL) networks. Thanks to the ongoing bear market also, means that now is a great opportunity for those looking to invest long-term into cryptos that have a major focus and support for NFTs, such as Mushe Token (XMU).

Polygon (MATIC) NFTs Will Join Facebook and Instagram First, Along With Ethereum


When Facebook and Instagram add support for non-fungible tokens (NFTs), users will be able to share NFTs with friends and family by connecting their crypto wallets to their accounts. NFTs on the Ethereum and Polygon (MATIC) networks will be the first two out of a total of five to be supported by the social media platforms.

The Polygon (MATIC) network is a side-chain built on the Ethereum platform. It is a layer 2 solution which means that the speed of transactions on the network is lightning fast whilst mitigating unnecessary transaction fees.

Polygon (MATIC) is also featured on OpenSea which is built on the same blockchain network and is, by far, the largest of all the NFT marketplaces and the first. OpenSea does support NFTs created on the Polygon (MATIC) network and its success has been driven by its compatibility, as it also supports NFTs from various networks including Ethereum and Klaytn.

Solana (SOL) NFTs Will Also Be Added to Meta’s Social Networks Later


NFTs on Solana (SOL) will be among the second cohort of NFTs to be added to Facebook and Instagram, along with NFTs on the Flow blockchain.

Solana (SOL) is the utility token for Solana which is a blockchain network upon which smart contracts can be deployed. This means that, like on Ethereum, talented developers can build tokens. Benefits of Solana (SOL) include low transaction fees and high-speed performance, partially thanks to the proof-of-stake consensus algorithm.

NFTs created on Solana can also be traded on OpenSea.



Mushe Token (XMU) Supports Interoperability and NFT Trading on Social Media


Mushe Token (XMU) will not be among the likes of Polygon (MATIC) and Solana (SOL) in joining Facebook or Instagram as it has not yet launched. The project is currently in the presale stage and offers a great opportunity for a long-term return on investment for early adopters who can get involved at a fraction of the value Mushe Token (XMU) has the potential to reach on secondary markets.

The token can be used in the MusheVerse, a Metaverse that will incorporate all of the products from the Mushe Token (XMU) ecosystem. These include Mushe Chat, a social media application where users can send and receive messages from family and friends with full end-to-end encryption. Users can connect their Mushe Wallet crypto wallets to Mushe Chat also for NFT sharing.

NFTs can be created and sold on the Mushe Token (XMU) NFT marketplace, and the team behind the project will be releasing its series of NFT collectables soon.

The presale for Mushe Token (XMU) is ongoing and the first stage is now live.

Find out more:

Presale: https://portal.mushe.world/sign-up

Website: https://mushe.world/

Telegram: https://t.me/musheworldXMU

Twitter: https://twitter.com/Mushe_World

Instagram: https://www.instagram.com/mushe_world/

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Information Provided Via Guest Post Submission

Content not created, evaluated, or endorsed by Global Crypto Press Crypto & NFT Press Release Distribution

Man BREAKS IN To Home To CONFRONT Luna Founder After Losing Over $2 Million in Coins Recent Collapse...

Terraluna Luna founder breakin

A crypto investor was arrested today in Seoul, South Korea for trespassing at the residence of Do Kwon, the co-founder and CEO of Terraform Labs.

The suspect, whose identity has been concealed, allegedly entered the apartment complex in eastern Seoul last week and rang the doorbell when Kwon's wife was at home, looking for him.

Kwon is at the heart of the Terra cryptocurrency's and Luna's digital coin counterparts' huge downfall. Luna's price has dropped to under 1cent, having traded for over $80 at the beginning of the month, while their stablecoin built to always be worth $1 continues to massively miss the mark at $0.09.

"I've lost between 2 and 3 billion won (US$2.3 million)" the suspect told reporters during an inquiry at Seongdong Police Station.

The suspect, who runs an online broadcasting channel, alleges that people have committed suicide as a result of the stablecoins' decline.

Pleading with Kwon to take responsibility for the current catastrophe, the suspect said Kwon should apologize to the over 200,000 investors who have lost money.

Kwon's wife requested police protection after his visit, according to officials.

Terraform Labs says they are working on ways to keep its Terra blockchain and ecosystem running despite the collapse of its cryptocurrency.

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Author: Adam Lee 
Asia News Desk Breaking Crypto News

How Do I Conduct a Smart Contract Audit?

Audit smart contract

Hackers test the strength of blockchain security in different areas every day. It is not surprising since the system itself has been designed to create a more optimal level of protection. If you use smart contracts, you know for sure about a severe vulnerability in the blockchain right now. To prevent serious problems that can cost your reputation and money, you need to conduct a
 smart contract audit. However, to initiate it, you should know more about it.

What Are Smart Contracts and Their Audits?

Smart contracts are known as computerized transaction protocols on the blockchain market designed to fulfill the prescribed terms of a contract. They are used in voting in elections and managing various supply chains. The role of any smart contract is to optimize an ideal level of performance. However, without hiring a reliable auditor before launch, you are exposed to significant risks:

- Severe discrepancies in the execution

- Loss or theft of personal data

With the help of smart contract audits, it is easier to identify any errors and vulnerabilities even before the smart contract is launched. Moreover, such checks are a mandatory recommendation since data, like code, can be changed in the blockchain.

Importance of Ethereum Smart Contract Audits

The most common attacks in the blockchain system are replay, reorder, or short address attacks. A smart contract audit is necessary if you are the owner of decentralized application products, the creator of an ICO startup, or a smart contract developer. But what will it give you in practice?

- After checking, it will be possible to optimize the code better.

- Improved smart contract performance.

- Further protection against hacker attacks.

- Enhanced security of e-wallets.

If the smart contract audit cost is the only criterion you consider when looking for auditors, you should urgently change your approach. There is no concept of more or less here. Its price is affected by many factors. So, it is better to rely on the experience of the team or an individual auditor. They will consult you, answer all your questions, and name the price for their services. Then, if everything suits you, the smart contract project team will start working.

Work Principles of Smart Contract Security Audit

Usually, the audit process consists of four main elements:

  1. Testing can help detect bugs and target individual features or a larger piece of smart contract code. If most tests fail, the audit is suspended until the most critical aspects are corrected.

  2. Automated analysis can evaluate the program to determine the input data. It can optimize the process of finding problems. If you have to initiate this verification element manually, it will be automated in the future. It will significantly reduce one part of the audit process.

  3. In the case of a complex search for security vulnerabilities, manual analysis is necessary. Auditors will be able to evaluate the effectiveness of the desired features and your project. In other words, you can achieve your goals with an already existing contract, or it needs to be finalized.

  4. After smart contract security audits, you will have a report with detected errors and recommendations for code fixing.

The importance of such audits is obvious, but before conducting them, please, consider the elements of the audit to select reliable auditors.


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Content not created, evaluated, or endorsed by Global Crypto Press Crypto & NFT Press Release Distribution

Idexo Launches Updated NFT Marketing Software To Help Brands and Web3 Projects Rapidly Grow Communities Using NFTs and Verification Systems...

Idexo

LONDON, UK – Idexo, a leading provider of web3 marketing and project management software and tools, is pleased to announce the release of an updated version of its
 NFT Marketing Software. Now web3 projects and traditional brand marketers can: 

- Easily plan, create and manage NFT collections and mints in a point-and-click web interface with collections on Arweave, Avalanche, BNBChain, Ethereum, Fantom, and Polygon blockchains, and soon Solana, Tezos and more

- Enable their community to mint NFTs using specialized commands on Telegram, Twitter and soon Discord and automatically track that those users are members of those groups before allowing those mints

- Instantly launch custom branded web portals that include wallet functionality on multiple chains including Avalanche, BNBChain, Ethereum, Fantom, Polygon, and soon Solana and more

In addition to the above features, the standard and premium plans for this product include consulting by the idexo team on concepts for the NFT collection and marketing plan, including special access features of the custom-branded NFT verification portal, and connections to source the artwork. 

This exciting development solves several key challenges facing web3 project owners and brand marketers, including

- How to rapidly grow an engaged community of real crypto native members.

- How to build excitement for the project in a way that connects directly to the utility and/or unique value proposition of the project or company, while introducing wow factors such as the Twitter and Telegram functionality. Idexo is the only company in the world currently offering this functionality.
 

- How to build a lasting program of engagement with the new community. 

Finally web3 founders and communities can rely on growth and solve a key pain point facing all projects. 

"We are excited to finally release this update as it will enable us to serve many more clients and partners in a readily scalable way, helping more communities and projects achieve success, " says Greg Marlin, CEO/CTO of idexo, "This is the product of many months work by the team. The origins of the NFT marketing software was our own Early Adopter NFT collection that grew our community from 200 to over 5000 in 2 days. In addition to releasing this update for our clients and partners, idexo will be using this ourselves to launch and manage a major new NFT ecosystem and marketing campaign to further grow our own community. Being able to constantly test these features with our own community and leverage its size to help grow our clients' communities is an added value of idexo."

Projects and brand marketers interested in using this system right away to grow their own communities, can sign-up by getting in touch with the company to schedule a demo

About idexo:

Idexo’s mission is to empower creative entrepreneurs to build and grow industry-disrupting web3 projects, in doing so achieving the full promise of decentralized technologies. To achieve that idexo delivers a simplified platform that solves key project pain points, helping partners achieve success in hours what used to take months. Idexo is powered by its native utility token $IDO

For More Information:

https://idexo.com
https://twitter.com/idexo_io
https://t.me/idexo_io

Contact: Greg Marlin – cx@idexo.io

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Information Provided via Press Release
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California Governor Signs Executive Order on Crypto...

California Cryptocurrency

If California were a country, it would have the world's fifth-largest economy, and today it became the first state in the United States to publicly begin investigating how to broadly adapt to bitcoin and similar advances.

Gavin Newsom, the governor of California, signed an executive order directing state agencies to work in coordination with the federal government to develop regulations for digital currency trading. It also encourages officials to investigate the possibility of integrating broader blockchain technology into the government operations of the state that has created most of the world's technical innovation.

Dee Dee Myers, a senior counselor to Governor Gavin Newsom and head of the Governor's Office of Business and Economic Development, said that evolving blockchain and cryptocurrency technology  "is potentially an explosive creator of new companies and new jobs and new opportunities".

A similar order was signed by President Joe Biden in March, instructing the federal government to conduct studies into the benefits and risks associated with cryptocurrency - now California is following a similar path.

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Author: Ryan Kalbari
Toronto Newsdesk / Breaking Crypto News

World's Largest Private Bank Controls $280 Billion in Assets, and Today They Began Offering Bitcoin and Ethereum to Clients...

LGT Bank offers cryptocurrency bitcoin ethereum

Bitcoin and other cryptocurrencies continue to make their way into the world's banking systems. The latest is LGT Bank, the largest family bank in the world, founded by the royal famiuly of Liechtenstein, with Prince Maximilian of Liechtensteinwhich serving as the bank CEO. 

Headquartered in Switzerland with European offices in Germany, Ireland, France, Austria, and international locations in the United States, Australia, China, Japan and more.

The bank controls around $280 billion dollars in assets, and has an annual revenue of over $21 billion.  under its protection and belongs to one of the most important royal houses in Europe.

Today they announced Bitcoina and Ethereum investment options are open to their clients...

Partnering with SEBA Bank, which has already been dealing with cryptocurrencies, LGT Bank can now offer asset management, digital asset custody and brokerage services to their global client base. 

While LGT will only offer Bitcoin and Ethereum to begin with, their partner bank SEBA supports 14 cryptocurrencies that LGT could easily implement if this initial phase is a success. 

It was their customers asking for access to the crypto markets that convinced them to make the move...

"The demand for cryptocurrencies has also increased among our clients in recent years. We are very pleased that we can now offer our client easy access to these asset class. When developing our new offering, we paid particular attention to security while focusing on clear, reliable processes and procedures. They are central for dealing with this dynamic and still quite young asset class. Thanks to our cooperation with SEBA Bank, our clients' digital assets are held in the custody of a professional and certified provider with extensive experience in this area" says CEO of LGT Bank, Liechtenstein.

At rollout, their new crypto services will only be available to clients in Liechtenstein and Switzerland.

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Author: Adam Lee 
Asia News Desk Breaking Crypto News


Tesla Shares Why They Believe in Bitcoin in Latest Quarterly Report Filed with The SEC...

Tesla bitcoin crypto investments

Tesla, the US electric car manufacturer, released more details about why it invests in bitcoin (BTC). This is no small investment either, as Tesla currently holds 42,902 BTC making them the 2nd largest Bitcoin holder of all companies globally, with MicroStrategy the largest. However, it's worth noting that MicroStrategy is a company that exists to invest in digital assets.

These new disclosures on Tesla's belief in crypto come in their latest quarterly report filed with the SEC, where they state:

"In the first quarter of 2021, we invested an aggregate $1.50 billion in bitcoin. We believe in the long-term potential of digital assets both as an investment and also as a liquid alternative to cash. As with any investment and consistent with how we manage fiat-based cash and cash-equivalent accounts, we may increase or decrease our holdings of digital assets at any time based on the needs of the business and our view of market and environmental conditions.

Digital assets are considered indefinite-lived intangible assets under applicable accounting rules. Accordingly, any decrease in their fair values below our carrying values for such assets at any time subsequent to their acquisition will require us to recognize impairment charges, whereas we may make no upward revisions for any market price increases until a sale. For any digital assets held now or in the future, these charges may negatively impact our profitability in the periods in which such impairments occur even if the overall market values of these assets increase. For example, in the first quarter of 2021, we recorded approximately $27 million of impairment losses resulting from changes to the carrying value of our bitcoin and gains of $128 million on certain sales of bitcoin by us."

Their crypto investments come up once again in the document, where companies are required to disclose any risks to the business.  It's important to understand this section is where a company gives the absolute worst case scenario to investors. Here, Tesla included everything from being unable to make more batteries because of material shortages, to hackers being able to 'gain control of' their vehicles and the public panic it would cause. 

So, with that tone in mind, they explained the risks they take by holding crypto, saying:

"In January 2021, we updated our investment policy to provide us with more flexibility to further diversify and maximize returns on our cash that is not required to maintain adequate operating liquidity, allowing us to invest a portion of such cash in certain alternative reserve assets including digital assets, gold bullion, gold exchange-traded funds and other assets as specified in the future. Thereafter, we invested certain of such cash in bitcoin. We believe in the long-term potential of digital assets both as an investment and also as a liquid alternative to cash. As with any investment and consistent with how we manage fiat-based cash and cash equivalent accounts, we may increase or decrease our holdings of digital assets at any time based on the needs of the business and on our view of market and environmental conditions. 

The prices of digital assets have been in the past and may continue to be highly volatile, including as a result of various associated risks and uncertainties. For example, the prevalence of such assets is a relatively recent trend, and their long-term adoption by investors, consumers and businesses is unpredictable. Moreover, their lack of a physical form, their reliance on technology for their creation, existence and transactional validation and their decentralization may subject their integrity to the threat of malicious attacks and technological obsolescence. Finally, the extent to which securities laws or other regulations apply or may apply in the future to such assets is unclear and may change in the future. If we hold digital assets and their values decrease relative to our purchase prices, our financial condition may be harmed."

In other words, fairly common fears like potential security threats, which have hit companies far more experienced in holding large amounts of crypto.  Another risk highlighted is the the possibility of future government regulation, which could hurt the whole ecosystem if poorly implemented or too broad.

So far, even with the latest dips, Tesla is well into the profit zone. They acquired their Bitcoin in January 2021, when prices were as low as $29,000 and peaked at $34,000.

At the time of publishing, Bitcoin is trading at $38,350, meaning their profits are a minimum of $186,623,700.

So, where things currently stand, Tesla has no regrets.

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Author: Mark Pippen
London News Desk 
Breaking Crypto News


Will Elon's Plans For Dogecoin in Twitter Send it New ALL TIME HIGHS?

Elon Musk Twitter and Dogecoin

Google searches for "Buy Dogecoin" and "How to Buy Dogecoin" increased by over 300% on the day Musk and Twitter announced they had reached an agreement. Likewise, the search term "What is Dogecoin?" was up by nearly 250%.

Which is already a bit funny - more people were looking for info on buying it than info on Dogecoin itself, which tells us that after this past year, most people know what it is. 

What He's Already Said: 

Twitter already has a subscription option called 'Twitter blue' that doesn't offer much benefit, just some additional customization (layout, colors) and removes ads from articles read through the Twitter app. 

Musk seems to be proposing using this as a starting point, then allowing paid subscribers to verify their identity, getting that blue checkmark. For this, he has said that Twitter should accept users' monthly fees in Dogecoin (as well as all the usual payment methods). 

What Dogecoin Supporters Are Hoping For...

DOGE's die-hard supporters see many more places where their favorite coin can fit into Musk's vision for Twitter.

Twitter offers monetization options, such as select accounts being able to run ads on their videos or live streams. People can put locked content on their profiles that only paid subscribing followers are able to view, and virtual live events can sell virtual 'tickets' to attendees. 

In a perfect world, Doge would be an option for all of these transactions - BOTH ways.

Paying with Dogecoin is great - but GETTING PAID in Dogecoin is Even Better!

One DOGE supporter on reddit pointed out: Twitter is global. Why deal with countless national currencies when you can get everyone on the 'doge standard'?

What Are the Odds That This Musk/Twitter Deal Will Be What Takes Doge to the Next Level?  Higher Than You May Think...

The reason it isn't so farfetched: Musk just spent a lot of his own money, and risked even more in Tesla stock to make this happen. He put up billions of dollars' worth of Tesla shares as collateral, then took out loans to cover the rest. 

Also keep in mind that he wants to take Twitter private, - meaning Twitter will no longer be tradeable on the stock market.  While that makes a huge difference in the amount of control he will have as the company owner, it also means if his plan is successful, there won't be any stock rising in value along with it to give him another source for billions on demand like he has with Tesla.

So, while there may not be Twitter stock on the market - he probably does have a huge stash of DOGE, which would be trading 24/7 with or without him. He's never stated how much he owns but keep in mind that a billionaire investing millions is like an average person investing hundreds. Would you still have bothered to join an exchange if your budget to invest was under $100? Probably not.

With all this in mind, and assuming he is sitting on a fairly large stash of DOGE - there's no reason for him to pass up the opportunity to send Doge's price soaring - legally too.  Musk knows to stay away from telling people to 'invest' in Dogecoin, or even hint that people will make a profit. 

If he uses Twitter to create more ways to use Dogecoin and draws attention to them, the press will take it from there.  I can already imagine hundreds of articles along the lines of "The next Bitcoin?! The Crypto Coin Elon Musk Is Obsessed With?" - and while it isn't the next bitcoin, it still may have some surprises of its own for us soon.

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Author: Justin Derbek
New York News Desk
Breaking Crypto News


Make money with gaming - FIREPIN Token (FRPN), The Sandbox (SAND) and Decentraland (MANA)...

FIREPIN Token (FRPN)

The popularity of the metaverse continues to rise, especially on social media. Everyone is curious about the many profitable investments in the metaverse, but the most interesting is Play-To-Earn games. Start monetising your gaming experiences.

The Concept Of Play-To-Earn Games


Play-to-earn gaming platforms exist in the metaverse and are widely adored by gamers all over the world. One thing you may not know is that NFT plays a big role in these games.

NFT are all the rage right now and can be found in the metaverse's play-to-earn games as most feature an in-game NFT marketplace. This is because these gaming universes rely on in-game NFTs assets.  

Hottest Metaverse Coins Right Now:


FIREPIN Token (FRPN)


As a community-led DAO (decentralised autonomous organisation), the FIREPIN platform is invested in its community. According to FIREPIN’s white paper, their main goal is to accommodate the largest global crypto community with the long-term goal to become the greatest Metaverse NFT Game Development Company. 

In order to give back to its investors, FIREPIN uses its treasury money to fund NFT game development, 3D and metaverse VR games, gaming teams and enterprises with a long-term vision for Play to Earn (P2E). 

You should invest now as the FRPN Token has entered the second presale stage. The price of FRPN was initially $0.000067 but it grew to an outstanding total of $0.000691 almost immediately. Experts confirm the token should see a price value rise to $0.0015.


The Sandbox (SAND)


The Sandbox (SAND) is a decentralised NFT gaming metaverse built on the Ethereum blockchain. In these games, you can participate in an RPG-themed Metaverse, complete quests to earn SAND, play to earn rewards, make games and develop your own fashionable characters. 

It is a top favourite coin for people seeking to monetise their gaming experiences. More so, the platform portrays the true essence of the play-to-earn model as all investors who contribute to the game’s ecosystem can earn rewards. 

Market analysts predict that The Sandbox will match the popularity of The Sims, Minecraft, or Roblox. This is great news to those who invest early in the platform's governing token, SAND. The Sandbox price today is $2,89 with a live market cap of $3.3 Billion.


Decentraland (MANA)


Similarly, Decentraland is an NFT gaming platform built on the Ethereum blockchain. The platform comprises a virtual reality where users can design characters, interact with other gamers and build cities by purchasing real estate. But the benefits of decentraland land do not stop here.

The platform allows users to monetise their experiences by doing what you already do in the real world. Decentraland's virtual world mimics ours as gamers can build identities and form strong social relationships. However, it also features a marketplace for artistic creators that want to sell their art while being entertained by 3D Interactive activities.

Decentraland has a very successful governing token, MANA. The coin acquired more than $26 million in ether through an initial coin offering (ICO) before launching in February 2020.

Its other native token is LAND. The MANA coin allows users to purchase LAND as well as buy avatars, names, wearables, and other items. The Decentraland price today is $2,13 with a live market cap of $3.91 Billion. It has a circulating supply of 1.842.485.269 MANA coins and the max. supply is not available. The LAND coin grants users the ability to participate in the creation of interactive games. 


Links For More Information:

Join Presale: https://presale.firepin.io/register

Website: https://firepin.io/

Telegram: https://t.me/FIREPINOFFICIAL

Twitter: https://twitter.com/FIREPIN_io 

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Content not created, evaluated, or endorsed by Global Crypto Press Crypto & NFT Press Release Distribution

How Bitcoin Mines Were Airlifted From China to the US Following China's Ban On Crypto...

The Chinese government has been attempting to eradicate cryptocurrencies in the country for quite some time, with varied degrees of success.

In 2021, restrictions on mining eventually drove firms out of the country, relocating to nations such as Kazakhstan, who have more favorable policies toward cryptocurrency mining. A number of towns around the United States have welcomed them, with both support and condemnation coming from residents 

Video Courtesy of Motherboard / Cryptoland 

Welcome to BoomLand: The Future of Blockchain Gaming!

Boomland dao crypto

A Pioneering Project from a Gaming Studio That has 1 Billion Downloads...


GDANSK, POLAND
- Today, BoomBit, a highly successful video game company, is launching the first mainstream blockchain gaming platform.

BoomLand is a cutting-edge Blockchain Gaming Platform delivering a new gaming experience. The vision is to create a fresh Web 3.0 Community for players by players, with its own Metaverse, Marketplace and Play And Earn ecosystem that is accessible for all.     

BoomLand will allow the first-ever direct interaction between multiple game developers and players on the blockchain, where they will be able to earn NFT’s and cryptocurrency in the form of $BOOM and $BGEM Tokens.

In BoomLand's Metaverse, players will connect directly with game developers and with one another and help steer the course for the future of the Platform. 

The idea for BoomLand arose from the massive market demand for quality games in the blockchain gaming world. A lack of quality among current titles inspired BoomLand to enter the market for ‘Web 3.0 game development’, a.k.a. Blockchain video games. 

The BoomLand platform operates as a ‘Decentralized Autonomous Organization’ (DAO) where gamers play a major role in deciding how the platform evolves. 

BoomLand has a very experienced development team capable of delivering highly enjoyable Blockchain games. The ‘Play and Earn’ Blockchain gaming market is in its infancy, but already has a staggering $21 billion valuation. This rapid success is partly due to the high sales of NFTs (Non-Fungible Tokens); in 2021 there were $25 billion dollars in NFT sales.  

BoomLand’s Founders, Hannibal Soares and Marcin Olejarz, are very positive about the launch of BoomLand as a landmark innovation,“With 200+ games published to date and over 1 billion downloads under our belt in the last decade, we are confident of achieving similar success in the blockchain gaming sphere.” - says Hannibal SoaresFun Blockchain games are finally here!

About BoomLand

BoomLand is a cutting edge Blockchain Gaming Platform delivering a new gaming experience. The vision is to create a fresh Web 3.0 Community for players by players, with its own Marketplace and Play And Earn ecosystem that is accessible for all. In BoomLand's Metaverse, players will connect directly with game developers and with one another and help steer the course for the future of the Platform. Fun Blockchain games are finally here!

For more information:

https://www.boomland.io/

https://twitter.com/BoomLandGames 

https://linktr.ee/BoomLandGames

Press Inquiries:
Hannibal Soares
boombit@tailorsgroup.pl

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Spend $20, GET $40! Do it while you still can here!