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Bitcoin And The Monetary Chakras

The feelings that arise in people, as described by the Chakras, are determined by the type of money they use.

The Utopian Experiment of Plato Farm: Simulating Social Activity With a Game

A multiplayer online game is the best mapping of reality, making it the best experimental place: Players control their virtual characters to perform various actions and activities, simulating the real world at a very low cost. Playing games is a very efficient way of learning; some games can even guide social development. In ancient war games, players can learn the combat theories of various armies and understand the considerable cost and impact of war. In shooting games, players can know all kinds of weapons. In racing games, players can turn into a racer. In Plato Farm, players can witness how

The post The Utopian Experiment of Plato Farm: Simulating Social Activity With a Game appeared first on The Merkle News.

Top Reasons Why Traders are Investing In Near Protocol ( NEAR)

With global interest rates trending near record lows and likely here to stay for the foreseeable future, the funds carefully saved and squirreled away in savings accounts are likely doing nothing besides gathering dust. Fortunately, crypto is the knight in shining armor rescuing savers. As more and more people enter the crypto ecosystem, there has been a surge in demand for passive income opportunities using cryptocurrencies. Other than generating returns from trading, enthusiasts are looking for alternative options to expand their portfolios. As such, the emergence of decentralized finance (DeFi) has opened the gateways for users to generate returns by leveraging assets they already own. From staking to yield farming, there is no shortage of opportunities for eager crypto enthusiasts. While some require moderate to advanced knowledge of blockchain technology and DeFi, some are simpler than the existing traditional financial solutions. That said, here are some tried and tested platforms that make it easy for everyone to generate additional income without any hassle. Grow Your Portfolio Via Reef Staking Reef Finance delivers a cross-chain DeFi ecosystem that is designed with user accessibility in mind. Users unfamiliar with decentralized finance can depend on Reef to automate many processes that may seem complicated, like yield farming. Moreover, the platform’s AI tools deliver asset management that takes into account investor preferences, their risk profile, and return goals. Built with Substrate, Reef supports DeFi protocols across several blockchains such as Aave, Uniswap, Synthetix, and Compound, among others, allowing users to leverage interoperability and cross-chain trading features. Users can get involved with smart borrowing and lending, mining, staking, and other activities - all of which generate passive income. The platform originally launched a staking pool, Binance Launchpool, in partnership with Binance, where users can stake their BNB, BUSD, and DOT tokens over 30 days into separate pools to farm REEF tokens. In the meantime, Reef Finance is continuously adding more features to its platform, the latest being its partnership with Klever, one of the largest global exchanges serving over 3 million users across over 200 countries. With this partnership, Klever not only becomes the first external validator for Reef Finance, but it will also offer the only liquidity bridge for REEF holders, enabling them to exchange REEF through its Klever Swap service and to stake these exchanged tokens via its wallet. As a result, users will gain the opportunity to increase their earnings from holdings. Moreover, the partnership between Klever and Reef Finance will ensure that users from both platforms access the highest yield generating opportunities across an array of digital assets. Earn Additional Returns With CoinZoom Earn CoinZoom, one of the largest and highly regulated exchanges serving over 192 countries, has rolled out the CoinZoom Earn feature, empowering users to earn up to 20% APY on select cryptocurrencies and fiat holdings. The platform already offers several crypto-centric products, such as its remittance service ZoomMe, the range of CoinZoom Visa debit cards, and CoinZoom Commerce, among others. With the addition of CoinZoom Earn, the platform has unveiled its newest investment tool that allows users to earn interest on over 40 cryptocurrencies like AAVE, BTC, BAL, ADA. ENJ, DASH, MATIC, MKR, XTZ, and more, stablecoins like USDT and USDC, and fiat deposits (USD only). As of now, CoinZoom users can earn up to 10% APY, and CoinZoom VIP customers can earn an additional 20% bonus interest on top of the APY. Getting started with CoinZoom Earn is straightforward. If you’re already a CoinZoom user, simply opt for the CoinZoom Earn feature to earn interest immediately. Interest is accrued daily and credited to users’ Earn wallets on the seventh day of every month. Besides no long-term deposit commitments, users are free to redeem the interest earned from their Earn wallet anytime, reinvest them in their CoinZoom Trading account, or spend them via CoinZoom Visa cards to earn additional rewards. The Market’s Highest APYs Via AAX’s Crypto Savings Accounts AAX, the first crypto exchange to join London Stock Exchange Group's 'Partner Platform and be powered by LSEG Technology's Millennium Exchange matching engine, is currently offering the highest interest rates on crypto holdings. The platform already supports several crypto-centric features, including P2P trading, Futures trading, DeFi Mining, and several ongoing promotions. With its newest Savings feature, AAX has started offering both fixed and flexible savings options with varying interest rates for its users. As of now, AAX is offering the highest interest rates for crypto savings accounts, up to 60% APY across 80+ cryptocurrencies. Compared to crypto savings accounts offered by other platforms, AAX has kept its requirements extremely flexible, allowing users to choose between varying deposit durations, ranging between 7, 14, 30, 60, 90, 180, and 365 days. With so many passive income opportunities up for grabs, now is the time to decide if you just want to HODL your cryptocurrencies waiting for a drastic market change or start leveraging the solutions as mentioned above to expand your portfolio further. Or you can always just watch your central bankers gradually erode all your hard-earned savings. The choice is yours!

The post Top Reasons Why Traders are Investing In Near Protocol ( NEAR) appeared first on Coinpedia - Fintech & Cryptocurreny News Media| Crypto Guide

The crypto market today is stuck in a sideways trade today. BTC is set to hit support at $42K, ETH hovers around $3.3K. In tandem with the market most altcoins trade in losses. However, defying the trend are alts, as they print significant gains. NEAR Price Action Since December 18, NEAR has been rising inside …

How I Define Bitcoin Generational Wealth

Beyond the numbers, what is “generational wealth” and how does bitcoin enable us to achieve this?

Tax season: Regulations unclear, experts advise early prep for taxes on crypto, NFT

While the interest in crypto markets skyrocketed, the NFT craze also saw a massive surge through the last year. However, it’s now time for the taxmen to check for tax liabilities from profits in these investments. IRS prepares for crackdown Bloomberg noted in its recent report that the NFT market worth an estimated $44 billion, […]

Bitcoin: The Ignition Of A Scientific Revolution

Like the revelation that the earth revolves around the sun, the discovery of a digital, sound money system in Bitcoin is a scientific revolution.

Bitcoin Bear Markets: What, Why, When?

Bitcoin bear markets can be brutal. Don’t try to predict the next one — rather, be prepared for it!

Massive Bitcoin Outflows Rock Crypto Exchanges As Charts Signal Extreme Bullish Winter

20,000 BTC Withdrawn From Coinbase as Major Outflow Hits Exchanges
Bitcoin continues to exude strength despite the price being 38% below its all-time high. This strength is however being attributed to several reasons that experts argue are key recipes in igniting a sustained bull run this winter. Bitcoin Outflows Surge One glaring development has been the abrupt rise in Bitcoin outflows this week. According to […]

Changpeng Zhao Reveals The Magic Behind Binance’s Huge Success In Recent Years

Changpeng Zhao Reveals The Magic Behind Binance's Huge Success In Recent Years
Binance CEO says it’s almost impossible to point to the single determinant of the exchange’s success. He compartmentalizes the factors into three – Users, Service, and Product. The exchange has blazed a trail in an uncharted path by becoming the first exchange to cater to a wider, international clientele. Binance is undoubtedly the largest cryptocurrency […]

Here’s how China might be leading the CBDC race as Winter Olympics draws near

One might be tempted to think that China has dropped out of the crypto race, due to its stance against crypto transactions and more recently, NFTs. However, the country’s latest CBDC adoption stats suggest that crypto news junkies should probably think again before dismissing the East Asian giant. Beijing begins with a bang According to […]

Will Tarantino Be Able To Sell The Pulp Fiction NFTs? Or Will Miramax Prevail?

In two days, the auction of the first Pulp Fiction NFT will take place. A historical moment for the nascent industry, one that will set precedent for years to come. When Quentin Tarantino and the Secret Network announced a partnership aimed at releasing NFTs from the classic ’90s film, the world listened. Unfortunately for them, so did Miramax. The studio still holds the right to Pulp Fiction, so they sent a cease and desist letter.  Related Reading | Upside Potential in NFTs is Massive Says Gary Vaynerchuk The caveat here is that “the unique value proposition from The Secret Network lies in the name; the NFTs will be “secret” and only accessible by the NFTs owner.” When NewsBTC covered this story, we explained:  “That fact makes the lawsuit endlessly interesting. Only the person that buys the NFT can see what’s inside, so Miramax has no clue about the kind of content they’re suing for. They just know they own the rights to the picture and the discarded material, but, besides the reports and the marketing material, they’re as in the dark as the rest of us about the actual content.” What has happened since then? A LOT. Let’s explore the new developments in the case. Bidding begins in one week! Register now on https://t.co/IafaEEqDqU. The future is now. You won't want to miss this. $SCRT $ATOM $ETH pic.twitter.com/qILjbtNZSH — Tarantino NFTs (@TarantinoNFTs) January 10, 2022 Unreleased Scenes And Material In the beginning, the implication was that the NFTs would contain unreleased material from Pulp Fiction. Miramax entered the picture and everything changed. Again, from NewsBTC’s previous report: “On the day of the announcement, The Secret Network released a statement that quotes the director himself. “I’m excited to be presenting these exclusive scenes from PULP FICTION to fans.” Tarantino says. “Secret Network and Secret NFTs provide a whole new world of connecting fans and artists and I’m thrilled to be a part of that.” Tarantino’s words suggest simpler times. We’re nowhere near that stage anymore.” The Content Of The Pulp Fiction NFTs Changed After the cease and desist letter, it transpired that Tarantino only kept the rights to Pulp Fiction’s script. Recently, IndieWire quoted a statement that Proskauer Rose, one of Miramax’s lawyers, sent them:  “There’s been no attempt to dismiss any of Miramax’s claims by Tarantino’s team, nor have they filed any counter claims or motions against Miramax, and since Miramax filed its lawsuit, the promotional website and Twitter account for the proposed sale have scaled back the unauthorized use of imagery from Miramax films (including Pulp Fiction)”  And he’s right about that. A casual visit to the @TarantinoNFTs Twitter account will reveal that the people involved in the sale fazed out all images related to Pulp Fiction and replaced them with just text or high contrast images of Quentin Tarantino himself. The content of the NFTs also changed, now The Secret Network describes them as:  “Tarantino owns the exclusive rights to publish his Pulp Fiction screenplay and the original, handwritten copy has remained a personal creative treasure he has kept private for decades. In collaboration with SCRT Labs, Tarantino has turned chapters from this historic document into a one-of-a-kind NFT publication. Each NFT in the collection consists of a single iconic scene, as well as personalized audio commentary by Tarantino himself.” Are they legal now? That’s the question. SCRT Market Cap, calculated by TradingView | Source: TradingView.com The Secret Network Proceeds The auctions will go from January 17th to the 31st. It will happen on the Secret Network and not on OpenSea, as originally announced. Did OpenSea run away from the controversy and possible litigation? We wouldn’t know. The Secret Network, on the other hand, is milking the situation to the extreme. Money can’t buy this kind of publicity. Their press release quotes Guy Zyskind, founder and CEO of SCRT Labs: “Secret Network is proud to stand with Quentin. We are committed to working with talented artists across the globe, by providing them a better way to release their works directly to fans without relying on older distribution models, which favor conglomerates over creators.” 3 days to go. Historical fact #1: Quentin Tarantino writes his screenplays by hand ✍️ For Pulp Fiction, he kept the original screenplay a secret for *28 years.* This priceless piece of history will be revealed for the first time in next week’s auction – but only to the buyer 🤫 https://t.co/wXbIUPOXUO pic.twitter.com/msgwomNs27 — Tarantino NFTs (@TarantinoNFTs) January 14, 2022 Miramax Attacks For their part, Miramax’s lawyers sent Zyskind a letter that claims: “Contrary to what you assert you are being told by Mr. Tarantino and his team,  You do not have the necessary rights to mint the Pulp Fiction NFTs described in your press releases and other promotional materials;  You do not have the necessary rights to market or promote those NFTs; and  Despite your now having assumed the role of auctioneer, you do not have the necessary rights to promote and sell those NFTs.” Not only that, they included a direct threat to possible NFT buyers: “We would hope that you also inform prospective purchasers of the risks of purchasing these unauthorized NFTs, including that purchasers may have to return the NFTs to Miramax and forfeit the price they paid for such NFTs, and that purchasers may incur additional liability in the event they later sell the unauthorized NFTs” Guy Zyskind response? He took to Twitter and replied: “Your attempt to bully and intimidate us, and our community, will not work. This lawful sale of TarantinoNFTs will continue as planned, despite your efforts to sabotage it.” Hey @Miramax. Got your letter. Your attempt to bully and intimidate us, and our community, will not work. This lawful sale @TarantinoNFTs will continue as planned, despite your efforts to sabotage it.https://t.co/1Qjkgfy8U1 pic.twitter.com/jpjbYDNmNp — Guy Zy𝕊kind (@GuyZys) January 10, 2022 The TarantinoNFTs account contributed to the conversation by saying, “We will not be stopped. We will not let bullies intimidate our community.” Related Reading | January Proves Turbulent For Investors But NFT And GameFi Seems To Be Eating Good Is that enough? Or are they making a big mistake? Is Miramax in the right? Or do they know that they don’t have a leg to stand on and thus turned to intimidation?  Turn on to NewsBTC next month for the next chapter of the Pulp Fiction NFTs’ exciting saga. Featured Image: Tarantino NFT Collection promotional material | Charts by TradingView

Global Crypto Funds See Record Gains in 2021

On January 14, BarclayHedge, a division of Backstop Solutions Group, released a report showing that the global cryptocurrency funds achieved steep gains last year.

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