Be Media in Australia to be Acquired by Animoca Brands for Blockchain Development

Animoca Brands, based in Hong Kong, has announced that it will shortly purchase Australian digital marketing business Be Media in order to investigate potential centered on blockchain development in the country.  Animoca Brands stated that it is working to advance its digital property rights for gaming and the metaverse.  Be Media will be in charge of developing agreements with key Australian brands as Animoca Brands aspires to foster the establishment of the open metaverse and give digital property rights to internet users using blockchain and NFTs.  Be Media has already began hiring for blockchain development and project management positions in order to fine-tune the concept.  “The acquisition of Be Media will allow Animoca Brands to extend its core capabilities to support the Australian market and beyond. There are tremendous opportunities in Australia and Be Media will enhance our ability to work with companies that wish to participate in the exciting opportunities presented by the emerging open metaverse,” Yat Siu, the co-founder and executive chairman of Animoca Brands, said.  Mr. Fogarty, Be Medias founder and CEO, stated, “I couldnt be more delighted to join Yat and Animoca Brands, the leading frontrunner in Web3 with a bold goal to help construct a genuinely open and decentralized metaverse.”

2022-04-20Malalim na Pagsisid

Is Optimism About to Drop a Token on Ethereum? - BitcoinEthereumNews.com

(Pinagmulan: Coinbase)  While it‘s unknown why an Optimism token page is already live on Coinbase, it’s possible the exchange created the page early as it did for the March ilunsad of Bored Ape Yacht Club‘s ApeCoin. Shortly after Tree of Life’s post, the crypto personality and UpOnly podcast co-host Cobie also nai-post screenshots of Coinbases Optimism token page. “Is the Optimism token launch upon us?” he wrote.n  Optimism is one of several Optimistic Rollups working to scale Ethereum. The network offers users vastly reduced gas fees while preserving much of Ethereum mainets security. Optimism currently hosts $590 million in total value locked across its DeFi protocols, according to data from L2BEAT.  While an Optimism token is not yet confirmed, current signs indicate an imminent launch. Whether the tokens will be airdropped to early users or distributed through some other means is still unclear.  Pagbubunyag: Sa panahon ng pagsulat ng bahaging ito, ang may-akda ay nagmamay-ari ng ETH at ilang iba pang cryptocurrencies.  Ibahagi ang artikulong ito  Ang impormasyon sa o na-access sa pamamagitan ng website na ito ay nakuha mula sa mga independiyenteng mapagkukunan na pinaniniwalaan namin na tumpak at maaasahan, ngunit ang Decentral Media, Inc. ay walang representasyon o warranty tungkol sa pagiging maagap, pagkakumpleto,

2022-04-20Ethereum

Ethereum Second Layers Take the Stage – Trustnodes - BitcoinEthereumNews.com

EthereumAng Mga Ikalawang Layer ng Ethereum ay Umakyat sa Stage – Trustnodes04 / 20 / 2022Balita ng Ethereum ng Bitcoin  All prominent ethereum second layer (L2) projects have gathered in one stage for the first time in Amsterdam at an ongoing two-day technical pagpupulong dedicated to Ethereum L2 Scaling.  Representatives from Arbitrum, ZKSync, Optimism, StarkWare and Fuel (formerly Celestia), all pictured in that order, spoke of the challenges faced as well as potential timelines.  All stated that while they are decentralized in as far as censorship resistance and funds are secured by the ethereum base layer, there are tradeoffs in regards to the upgradability of the contract.  They also use similar governance methods in having some sort of input by different stakeholders while balancing quick upgrades in cases of bugs with allowing users to exit the network either because they dont agree with the upgrade or for whatever reason.  Somewhat newcomer Fuel however stated they don‘t upgrade at all, instead they follow the Uniswap approach in V1, V2, but Arbitrum’s co-founder Ed Felten pointed out that you need to upgrade to keep up with ethereum forks.  John Adler, a former ConsenSys alumni and co-founder of Fuel Labs, also suggested that once data sharding is implemented in

2022-04-20Ethereum

Gulf Energy Invests in Binance.US as Both Aim to Float a Crypto Exchange

In a letter addressed to the president of the Stock Exchange of Thailand, the countrys power generation firm Gulf Energy Development Public Company Limited unveiled its investment in Binance.US through its Hong Kong-based subsidiary, Gulf International Investment Limited.  The investment was made following the issuance of Series Seed Preferred Stock by BAM Trading Services Inc, the startup operating the Binance.US platform. The strategic investment size was not disclosed, but the partners were very clear on the way in which the funds will be utilized to achieve both the firms long-term visions.  “Binance.US will use the proceeds from the seed funding to expand headcount, launch ROI based marketing efforts, expand its product portfolio and make potential future acquisitions before its planned initial public offering (IPO) in 2-3 years. As such, the investment in Binance.US not only provides an opportunity for the Company to participate in one of the fastest user scale-up exchanges in the world but also realizes potential higher investment value post-Binance.US IPO,” the announcement reads.  In a separate notice, Gulf Energy also unveiled the acquisition of BNB Tokens as a means to gain access to the Binance ecosystem.   As the highlight of the dual announcement shared on Monday, both firms unveiled the

2022-04-20Malalim na Pagsisid

Crypto Analyst Unveils Massive Target for Ethereum Rival Solana, Predicts Rallies for Avalanche and Terra - BitcoinEthereumNews.com

crypto EthereumCrypto Analyst Unveils Massive Target for Ethereum Rival Solana, Predicts Rallies for Avalanche and Terra04 / 20 / 2022Balita ng Ethereum ng Bitcoin  A popular crypto strategist and is unveiling his huge long-term price target for Ethereum (ETH) competitor Solana (SOL) while predicting surges for Avalanche (AVAX) and Terra (LUNA).  Pseudonymous crypto analyst Inmortal tells his 152,100 Twitter followers that he expects decentralized finance payment network LUNA to rally back to triple digits after respecting support at around $80.  “LUNA at $100 before you blink again.”  Source: Walang kamatayan / Twitter  At time of writing, LUNA is exchanging hands for $94.  Inmortal is also bullish on fellow Ethereum rival and smart contract protocol Avalanche. According to the crypto trader, Avalanche will likely follow the footsteps of LUNA.  Potential catch-up play.  AVAX [and] LUNA.  Source: Walang kamatayan / Twitter  As for Solana, the crypto strategist naniniwala that the smart contract platform can potentially rally over 830% from its current price of $107.  “Buy SOL below $100 and sell it above $1,000 is the play.”  Looking at Bitcoin (BTC), the crypto strategist says he expects BTC to rally this week after recovering the key price level of $40,000.  Main plan for this week is long BTC on a reclaim of weekly open.  If price is

2022-04-20Ethereum

Balancer (BAL) Generates Bullish Divergences Over Multiple Time Frames - BitcoinEthereumNews.com

Balancer (BAL) has created a short-term bullish pattern, which is expected to lead to a short-term increase. However, the direction of the long-term trend is uncertain.  BAL has been falling since reaching an all-time high price of $75.09 on May 4. The downward movement continued until a low of $10.40 was reached on Jan 24.  BAL increased at a very gradual pace until March 25, when it accelerated the rate of increase. This caused a breakout from a descending wedge, in which the price had been trading since Sept. The price reached a high of $21.98 before falling.  Despite the breakout, BAL is still trading 80% below its all-time high price.  If the upward movement continues, the closest significant resistance area would be at $34. The area has not been reached since Sept 2021.  BAL breaks out  A closer look at the daily time frame shows that the ongoing breakout was preceded by bullish divergence in both the RSI and MACD (green lines). Such divergences usually precede bullish trend reversals, as was the case with BAL.  Despite the early April drop, technical indicators are still bullish. The first reason for this is that the trendline of the divergence is intact in both the RSI and MACD. The

2022-04-20Industriya

Security Compliance Firm Seon Pulls $93m from Investors Backed by IVP - BitcoinEthereumNews.com

In this round of financing, the sterling record of IVP involves early backing of platforms, including Netflix and Twitter, other investors include Creandum and PortfoLion. Angel investors, on the other hand, involve Coinbases Chief Operating Officer Emilie Choi and UiPath Chief Executive Daniel Dines, who also backed the startup as it pushed its valuation to $500 million.  Relieving Fintech and Crypto Firms From Compliance Burdens  Seon is a startup founded in Budapest, Hungary in 2017 by Kadar Tamar and Bence Jendruszak. The startup caters primarily to fintech firms with an extension to digital currency startups.  The company develops software that analyzes a platform user‘s biodata, email address, and phone numbers and determines whether they are genuine or not. When fintech and crypto platforms are under scrutiny by regulators to block transactions emanating from and to Russia in the wake of the country’s invasion of Ukraine, the Seon solution may come in very handy.  Seon boasts of Revolut, Afterpay, and crypto-friendly Nubank as clients. With the newly injected capital, it hopes to support its customers fighting to keep up with the requirements of cracking down against money laundering and sanctions evasion.  Seon is also working on building tools to verify a company‘s shareholders and see if

2022-04-20Industriya

Japans Central Bank Will Test Digital Yen Cautiously - BitcoinEthereumNews.com

Over the past years, developed and developing countries have shown a growing interest in central bank digital currency (CBDC). The Bank of Japan has recently anounced a cautious approach to the digital Yen, stating that its developmental trajectory will follow similar steps as Sweden did. The final decision on whether to issue CBDC is likely to be made by 2026, BOJ revealed.  No Large-scale Pilot Tests Like China  BOJ considers the framework of its CBDC closely tied to the overall settlement system; thus, during its experimental phases, the central bank believes one of the critical issues is to ensure its compatibility with its financial infrastructure and other potential CBDCs.  Kazushige Kamiyama, the head of the BOJ payment system department, said in an interview that Sweden‘s staged and planed expansion of experiments is more suitable than China’s approach, as iniulat ni Bloomberg.  China, earlier this year, nagsimula a large-scale pilot test of its digital currency at the Beijing Winter Olympics, aiming to push the broader adoption of the digital yuan.  Swedens Riksbank, meanwhile, has nakatutok on smaller-scale technical research aimed to examine if its CBDC could fit into a settlement system with other digital payment providers. As such, neither Riksbank nor BOJ has finalized a decision

2022-04-20Industriya

Biden administration launches student loan review, says 40,000 borrowers will see debt canceled - BitcoinEthereumNews.com

KabuhayanInilunsad ng administrasyong Biden ang pagsusuri sa pautang ng mag-aaral, sabi ng 40,000 na nanghihiram ay makakakita ng pagkakakansela ng utang04 / 19 / 2022Balita ng Ethereum ng Bitcoin  The Department of Education anounced Tuesday a new review of its student debt portfolio, which it says will correct for past mistakes that denied 3.6 million borrowers credit toward student loan forgiveness and will lead to immediate cancellation of debt for roughly 40,000 borrowers.  “Student loans were never meant to be a life sentence, but it‘s certainly felt that way for borrowers locked out of debt relief they’re eligible for,” said U.S. Secretary of Education Miguel Cardona in a statement. “Today the Department of Education will begin to remedy years of administrative failures that effectively denied the promise of loan forgiveness to certain borrowers enrolled in [income-driven repayment] plans.”  Tingnan din: As Biden extends student-loan pause, analysts predict another extension closer to Novembers midterm elections  The new initiative seeks to end the practice of “forbearance steering” whereby student-loan servicing companies encouraged a borrower to enter forbearance program rather than an income-driven repayment plan, even when such plans could have resulted in a borrower paying $0 per month.  In order to mitigate the effects of these practices,

2022-04-20Industriya

Maaabot ba ang Presyo ng Ethereum (ETH) sa $5k Sa Q2? Ito ang Maaaring Asahan ng mga Mangangalakal - Coinpedia - Fintech at Cryptocurreny News Media - BitcoinEthereumNews.com

EthereumMaaabot ba ang Presyo ng Ethereum (ETH) sa $5k Sa Q2? Ito ang Maaaring Asahan ng mga Mangangalakal – Coinpedia – Fintech at Cryptocurreny News Media04 / 19 / 2022Balita ng Ethereum ng Bitcoin  Ang Bitcoin ay gumawa ng isang U-turn, saglit na humipo ng $41,000 bago naging matatag sa $40,000 na antas.  Hindi lamang tumaas ang Bitcoin ng halos 4%, ngunit ang buong pandaigdigang merkado ng cryptocurrency ay tumaas din, kasama ang lahat ng mga pangunahing crypto coins na nag-rally sa araw na iyon.  Laban sa US Dollar, kamakailan ay nakipaglaban ang Ethereum na humawak sa itaas ng $3,150 na antas ng suporta.  Ang presyo ng ETH ay nagsimula ng isang bagong slide sa ibaba $3,100 at pumasok sa isang negatibong sona. Sa kasalukuyan ang presyo ay nakakatugon sa paglaban malapit sa $3,095 sa pagtaas.  Maaabot ba ng Presyo ng ETH ang $5k Marka?  Noong Setyembre 19, ang presyo ng Ethereum ay tumama sa swing low na $2,652 bago nag-rally ng 83 porsiyento sa wala pang dalawang buwan upang maabot ang all-time high na $4,868.  Ang malakas na pagtaas na ito ay sinundan ng 55 porsiyentong pagbaba sa swing low na $2,652. Ang isang triple bottom na layout ay maaaring foreshadowed ng dalawang touch na ito

2022-04-20Ethereum
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