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​​Binance users support 0-fee trading despite CZ's wash trading concerns.

CZ is open to implementing the changes regardless of the challenges that a new system would bring, as he said, “Let’s see what the poll say. We listen to our users.”

Both traditional and crypto investors consider trading fees as one of the most significant liabilities when it comes to investing over exchanges. So no wonder when Changpeng “CZ” Zhao, the founder and CEO of Binance, asked investors about their interest in trading on the crypto exchange with no fees, the response was a resounding yes despite the inherent risks pointed out by the entrepreneur.

Binance stands as the biggest crypto exchange, outdoing its nearest competition FTX by 10x in terms of the trading volume. Zhao, known for implementing features based on community feedback, reached out over Twitter to gauge investor sentiment regarding the complete removal of trading fees.

While 0-fee trading may seem ideal for investors, CZ pointed out some of the issues it may sprout in the process — one of them being wash trading. Wash trading, wherein a user makes a series of buys and sells to manipulate market activity, can be used to go up the VIP tiers on Binance.

Moreover, CZ stated that bringing 0-fee trading to the masses will require Binance to implement numerous safeguards, which include detection tools for identifying illegitimate trades. Each VIP tier is tied to certain trading benefits including lower trading fees. As a result, professional poker player Brian Rast asked “So if there are no fees, why do you need VIP tiers?”

Over 30,600 investors voted on CZ’s poll at the time of writing — with around 65.5% inclined to trade with no fee whatsoever. CZ is open to implementing the changes regardless of the challenges that a new system would bring:

“Let's see what the poll say. We listen to our users.”

Binance continues to spread its roots across the world as it steadily acquires registrations and operational licenses from regulators.

Maintaining its expansion streak, Binance’s Spanish subsidiary, Moon Tech Spain, got registered as a VASP by Spain’s central bank on Thursday.
​​MoonPay to make Web3 payments with Unstoppable Domains partnership.

Ivan Soto-Wright, the co-founder and CEO of MoonPay said the partnership enhances the tail-end of a user's journey by replacing complex characters with NFT domains.

Unstoppable Domains has partnered with crypto payment firm MoonPay to incorporate nonfungible token (NFT) domains in transactions within the platform. With the collaboration, MoonPay users can send and receive digital assets using their domain names, eliminating the need to enter long and complicated wallet addresses.

In an announcement sent to Cointelegraph, Ivan Soto-Wright, the co-founder and CEO of MoonPay, said that the partnership would make it easier for people to come into the Web3 world.

According to Soto-Wright, while MoonPay deals with the front-end, Unstoppable Domains enhances the tail-end of a user's journey by removing the complex characters and replacing them with customizable NFT domains.

Sandy Carter, an executive at Unstoppable Domains, also commented on the partnership, saying that it will make Web3 more intuitive. Carter believes that both seasoned and beginner crypto users will benefit from the simplified experience that will come as a result of the collaboration.

Apart from payment transactions, the NFT domains can also be used as a way to log in to decentralized applications (DApps), wallets and exchanges. It also allows users to pick the data to which they will allow access by websites and appso.

Meanwhile, the demand for NFT domains continues to surge. Earlier in July, registrations for the Ethereum Name Service rose by 200%. The increase in registration was driven by hype amid the second-largest sale of an .eth domain when “000.eth” was sold for 300 Ether (ETH), worth around $300,000 at the time of purchase.

More recently, Ethereum co-founder Vitalik Buterin responded to critics questioning the proof-of-stake (PoS) consensus amid the upcoming Merge of the smart contract platform. According to Buterin, who provided a rebuttal on the topic of PoS voting, many of the arguments coming from critics are based on unmitigated lies.
​Utopia P2P beta for mobile is available on early access [Android OS]

🎉Utopia P2P continues to surprise users with its novelties!

Most people know Utopia P2P for PC with various built-in tools for messaging, browsing, file transfer, online payments, etc.

Recently, Utopia P2P has released its beta version for mobile to ensure users with a pocket application for communication on Android first:
https://play.google.com/store/apps/details?id=is.u.utopia


What should you pay attention to?

📜Utopia P2P is a Web 3.0 decentralized network with a strong foundation basis:


- A ready-to-work product, especially a PC version of Utopia P2P
- Conduction of weekly marketing advertising campaigns
- CRP Listings on major crypto exchanges
- Proof-of-Stake rewards that add to each user's Minimum Monthly Balance
- Release of the Utopia P2P beta for mobile on Android
- Upcoming Launchpad release 🥇
Upcoming release of anonymous NFT marketplace 🥇

👩‍💻Join the Utopia P2P community and enjoy the benefits of the decentralized network for both PC and mobile devices!

Utopia P2P: https://u.is/en/
Telegram: https://t.me/utopiachatoff
​Mixers Receiving ‘More Cryptocurrency than Ever in 2022’ - Chainalysis.

Crypto mixers – services that exist to increase the anonymity of crypto users – are more popular than ever, while illicit addresses account for 23% of funds sent to mixers so far this year, a new report from blockchain intelligence firm Chainalysis has found.

The 23% number for these seven months of 2022 marks a rise from 12% in 2021, claims the firm.

That said, according to the report, "mixers are receiving more cryptocurrency than ever in 2022." The use of crypto mixers has increased significantly this year, with the 30-day moving average of total value received by mixers reaching an all-time high of USD 51.8m on April 19.

The number represents roughly a doubling of the incoming volume at the same time last year, the report said.

Meanwhile, a large and increasing share of the funds sent to mixers stem from activities Chainalysis defines as “illicit.” The share of mixer usage defined as illicit has nearly doubled since last year, and these activities now represent the main driver for the increase in mixer usage, Chainalysis wrote.

While there are "legitimate reasons" to use mixers - for example, financial privacy for people living under oppressive governments - said the report, "mixers’ core functionality, combined with the fact that mixers rarely if ever ask for KYC [know your customer] information, makes them naturally attractive to cybercriminals."

It added that,

"In fact, nearly 10% of all funds sent from illicit addresses are sent to mixers — no other service type cracked a 0.3% mixer sending share."
​​Liquidity protocol uses stablecoins to ensure zero impermanent loss.

The cross-chain liquidity protocol has put a special focus on user experience with a simple user interface that doesn’t require dealing with complex virtual networks.

At a time when decentralized finance (DeFi) protocols have seen a significant outflow of funds from the market, maintaining liquidity has become even more challenging. Liquidity plays a central role in the DeFi ecosystem, and many protocols have, over time, come up with various new solutions to keep liquidity pools brimming. The latest trend in the liquidity market is focused on cross-chain solutions.

Many experts believe cross-chain solutions are the future of DeFi, and liquidity protocol Symbiosis Finance has come up with its own stablecoin-based cross-chain liquidity solution. The protocol uses stablecoins to ensure liquidity providers (LPs) don’t incur any impermanent loss.

Nick Avramov, co-founder of Symbiosis, told Cointelegraph that the protocol has secured initial liquidity from Binance Labs, Blockchain, Amber and a few others, and is hoping to gain more LPs once it hits a transaction volume of around $100 million.

Regarding the importance of using stablecoins instead of different crypto assets, Avramov explained that stablecoins not only help eliminate impermanent loss but also ensure seamless transactions across different blockchain platforms, allowing for one-click swaps. Avramov explained:

“We enable native assets swaps, not just pegged illiquid yet-another USDTxyz.”

Symbiosis Finance supports cross-chain swaps between any blockchain that enables the generation of EdDSA and ECDSA keys. This effectively means anyone can exchange, for example, an ERC-20 token for tokens on Solana, Polygon or BNB Smart Chain. Regarding the future of Web3, Avramov said:

“The quest of interoperability is vital for further adoption, so cross-chain and multichain solutions are the very building blocks of the Web3 economy.”
Today, crypto projects are multiplying at an alarming rate, but most of them are junk.

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In addition, the project offers a stable Staking Program based on real profitable business up to 30% (25% APY and an additional 5% is with unique Aquaris NFT).

🔥So come on here ASAP - https://t.me/AquarisCommunity
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👾KunciCoin Ecosystem🕹

#1 Biggest Project in Indonesia 🇮🇩
We Will be listed on Bybit and Gate io. Targetting 100 World Exchange🔥
✅ Asia’s Hidden Gem 💎
✅ Listed in 24 Top Exchanges
✅ $8-10 Millions Trading Volume/Day
✅ Game Studio with 20Million Downloads
✅ Licensed payment gateway
✅ 70+ companies in conventional business chain ready to integrate
✅ 6 months old (since listed on PancakeSwap in 16 February 2022)
✅ Developing AAA rate Games

KUNCI is the only Token in the world integrated with the Physical offices and Physical utilities like Theme parks Hotels apart from Virtual assets like NFT MARKET PLACE ,KUNCISCAN ,KUNCI GAMES

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💥💥Drum Rolls…!🥁🥁

🏏Cricket fans, NFT collectors and enthusiasts the time is finally here! Grab your NFTs and get ready to set the field on fire! 🔥🔥

The World’s First Play-to-earn Cricket NFT Game, the ‘META CRICKET LEAGUE’ is all set to make it’s royal entry into the realm of NFT gaming on Friday, July 22, 2022. 💫

👏They got overwhelming responses for their beta launch. The players earned upto 500$ in just 2 hours.

No more waiting! It’s time to Play! Win! & Earn!💥

🟢Advanced game play

🟢Play-to-earn using NFTs

🟢Metaverse

🎊🥁Launch Date: 22/07/2022

Sign up
👉🏻https://www.jump.trade/?fsz=soc
For more updates join the community
👉🏻https://discord.gg/GUZeKCxhuW
​​BlockFi had $1.8B in outstanding loans in Q2.

Crypto lender BlockFi outlined the total amount of loans and net risk exposure it carried at the end of Q2 2022 and shared how it is managing liquidity and credit risk.

Centralized crypto lender BlockFi disclosed that as of the end of Q2, it had $1.8 billion in outstanding loans from institutional and retail investors and $600 million in “net exposure.”

The disclosure came from its Thursday “Q2 2022 Transparency Report,” where the firm outlined its risks relating to liquidity and credit and shared details on its institutional and retail loan portfolios. Of the outstanding loans to borrowers — valued at $1.8 billion — the firm reported that $600 million are uncollateralized loans.

Institutional loans accounted for $1.5 billion of the total outstanding loans, while retail loans made up the remaining $300 million. The firm based its holdings and outstanding loan amounts on a Bitcoin (BTC) price of $19,986 as a reference point.

BlockFi said it has established guidelines to help it “maintain the liquidity necessary to meet all our obligations under our core business activities, which includes institutional and retail borrowing and trading activities.”

Those guidelines stipulate that it will hold at least 10% of the total amount due to clients upon demand in inventory, which will be ready to be returned to clients.

It will also hold at least 50% of owed funds in places that can be retrieved and returned to clients within seven days and will hold at least 90% of the total amounts owed to clients upon demand, either in inventory or in loans that can be called back within one year.

The new liquidity guidelines come a few weeks after BlockFi and crypto exchange FTXUS signed an agreement to send $400 million to BlockFi as a “credit facility” with the option to acquire the firm for up to $240 million based on performance triggers.

The deal came together after major crypto investment enterprise Three Arrows Capital reportedly defaulted on its loan from BlockFi.

In a Wednesday post outlining its risk management, BlockFi explained that it only provides uncollateralized loans to borrowers it considers “Tier 1” clients.
​WELCOME TO THE NEW DOGE 🐶

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🚀The interactive crypto game with tokens ready to 10x

📣These are NFT pets you can take care off! Minted as a puppy and you have to grow them to a FULL Tamadoge (Make sure you do or they may end up a Tamaghost👻)

📲App launching soon too take care off your Tamadoge.

🔥You are very early as presale starts soon!!!


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​​Experts clash on where virtual reality sits in the Metaverse.

Experts have given mixed views on what role virtual reality technology will have in the Metaverse.

Virtual reality (VR) will eventually have a place within the Metaverse, but not for the foreseeable future given its slow adoption rates, according to experts.

There isn’t much that can rival the experience of having one’s senses almost immersed in a virtual world — which is why many believe that the technology will have a natural fit for the Metaverse.

It's a technology that Mark Zuckerberg’s Meta is betting big on by introducing Meta accounts that it says will allow users to access its Meta Horizons platform more easily through Oculus VR headsets.

Founder and CEO of metaverse platform CEEK Mary Spio is also one waving the VR metaverse flag. In an interview with Cointelgraph, Spio argues that the true power of a Metaverse cannot be realized unless users are totally immersed through the use of VR devices.

Spio’s metaverse platform CEEK helps digital content creators, including musicians and athletes, connect directly with their fanbase in a virtual world setting.

Spio said that her platform opted for a focus on VR immersion because “the benefits of the Metaverse cannot be fully realized in the non-VR mode:”

“Virtual Reality enables full immersion and creates that sense of presence, real emotions and memories; no different than actually being at a time and place in real life.”

However, Spio admits that their metaverse needs to allow for both VR and non-VR accessibility, as content, ease of use, and accessibility are all still required for the mass adoption of VR technology.

She believes that a “quantum leap will be in the next two to three years” for Metaverse and VR adoption.

Janine Yorio, CEO of metaverse ecosystem developer Everyrealm, however, disagrees.

To Yorio, Metaverse platforms and VR technology should develop exclusively of each other without mutual consideration.

By her estimation, a very small portion of Metaverse experiences are being built for VR like CEEK, noting VR making a significant change in the world likely won’t happen in any meaningful horizon.
Have you heard yet about the most promising project of 2022 - Ampere?

TG Group: https://t.me/+O4X_L0_roKY0OGJk
TG News: @amprnetwork

Ampere is a neobank for businesses that unites fiat accounts and crypto wallets in one unique ecosystem. The goal of Ampere is to introduce crypto to the masses, so that even traditional businesses like restaurants or shops can run all their financial operations in Ampere and benefit from crypto.

Ampere allows businesses to:

▪️Accept payments by cards and bank transfers in fiat or crypto

▪️Make payments with fiat via SWIFT or SEPA as well as make payments by card or in crypto

▪️Stake on business crypto assets and uncover up to 20% interest on a business working capital

▪️Generate and send invoices to customers

▪️Use mobile phone as a terminal

▪️Get instant low interest loans

Join now or regret later 💸⏳

TG Group: https://t.me/+O4X_L0_roKY0OGJk
TG News: @amprnetwork
​➡️ Today we share a new P2E game THUNDER LANDS
Here you can play, kill monsters, and earn money right in the process ⚔️

Recently they released PC and Mobile versions of Clicker 🎉
It was a huge event, cuz this is one of the first GameFi projects with real game, where you can earn

You have 3 options to make money:
1. Join Clicker, kill the dragon, get their TNDR token and change it to USDT
2. Farm token through Mine Mintpasses and have a passive income all year
3. Stake your NFT's and get a percentage of the value of the NFT, stable and simple

By the way, they’ve listed their token on CoinMarketCup and CoinGecko 🥳

We advise you to read more about that project and join faster, cuz you can make a few X’s at the start.

❗️🎁 Especially for our subscribers, we gift 100 NFT's for your fast start
Follow the link, join the new Metaverse and start earn money ➡️ CLICK
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​​GameFi industry to see $2.8 billion valuation in six years.

The GameFi industry holds massive potential for growth within the next six years, according to a recent report.

A recent report from Absolute Reports projects massive growth for the GameFi industry within the next six years.

The research has the play-to-earn nonfungible token (NFT) game industry with an estimated value of $2.8 billion within the time span from 2022–2028. Moreover, the compound annual growth rate of the industry is 20.4% in the same six-year period.

This forecast comes in the midst of a raging crypto bear market, which leaves little room for projects and industries with no substance. The report highlights the leaders in this field of play-to-earn game development which include Sky Mavis, Dapper Labs, Decentraland, Immutable and The Sandbox.

Furthermore, it breaks down GameFi by type, console and market region.

Though it’s not only the report which points to a favorable future for the Web3 gaming industry, as research from Cointelegraph also highlights interest from venture capitalist investors during the down season. For example, Animoca Brands recently acquired three companies within the GameFi space.

Another analysis shows an uptick in users of blockchain-based games despite market conditions. Both WAX and Binance Smart Chain saw steady community numbers with 2.94 million and 2.49 million users.

During market downturns, projects that remain carry with them a level of apparent utility. Blockchain-based games are a simple, accessible, and engaging way for this to be seen. It is for this reason that gaming has always acted as a gateway for new users to interact with the crypto space.

However, as Web3 continues its development, experts highlight that GameFi will need to adapt as well. In a recent conversation with the founders of Crypto Raiders, they urged developers to prioritize fun over “financialization” when continuing to develop platforms.
​Hey everyone,
APIZ here!

We’d like to remind you that we are the world’s first project aimed at tokenising a living being! Particularly, tokenising a bee!

We’re delighted to announce that we gained over 30 thousand followers in our social media channels and even managed to get a shout out from Bloomberg!

Right now, we’d like to present our unique roadmap - a merger of blockchain, innovative tech (telemetry), agriculture and animal husbandry. Its purpose is to unify all the key aspects of our ambitious project and streamline its development.

The roadmap covers all four of those directions and intend to reach a broader audience. It’s a synergy between the four, with a 10-year long lifecycle. By the end of this decade-long journey, we intend to not only revolutionize crypto markets and beekeeping – we also aim at popularizing honey consumption as much as possible. After all, it’s a sustainable and much more beneficial option than sugar.

Our end goal is increasing the efficiency of a bee tenfold! That way, we’ll have a unique possibility to redefine all beekeeping boundaries on our own terms.

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Our Telegram Channel:
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Websites:
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At 10:50 UTC 18 July 2022 7.59% (1,252.3 BNB / 212,240,000 IBAT) of presale allocation has been sold.
Presale allocation is 2,800,000,000 (28% of the 10 billion total supply).

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​​Pro-Russian groups raised only 4% of crypto donations sent to Ukraine.

“While significant, the $2.2M worth of crypto donated to pro-Russian orgs still pales in comparison to the tens of millions in crypto donated to Ukraine,” said Chainalysis.

According to data from crypto analytics firm Chainalysis, users have sent more than $2 million in crypto to 54 pro-Russian groups since Feb. 24, a fraction of that received by many wallets controlled by the Ukrainian government.

In a Friday blog post, Chainalysis said it had tracked funds sent to social media accounts controlled by pro-Russian groups in Bitcoin (BTC), Ether (ETH), Litecoin (LTC), USDT-TRX, and Dogecoin (DOGE) starting with the country’s invasion of Ukraine in February. According to Chainalysis’ data, users sent roughly $2.2 million to the pro-Russian groups, with more than $1 million going to a single unnamed account.

While there may be other groups outside of Chainalysis’ investigation of those supporting pro-Russian forces, the available data suggested that the $2.2 million in donations amounted to roughly 4% of crypto sent in support of Ukraine. Wallet addresses connected to Aid for Ukraine, a platform backed by the government’s Ministry of Digital Transformation, showed the organization had received more than $45 million in crypto since launching in March. Crypto exchange Binance, which facilitates donations through its Ukraine Emergency Relief Fund, reported more than $10 million received since February.

Both Russia and Ukraine have taken heavy losses and casualties since the invasion began. Aid for Ukraine reported that crypto sent to its wallets would be used to support the country’s military as well as humanitarian projects; meanwhile, Chainalysis reported the $2.2 million sent to pro-Russian groups could be used primarily for military equipment and to finance propaganda sites.

“While significant, the $2.2M worth of crypto donated to pro-Russian orgs still pales in comparison to the tens of millions in crypto donated to Ukraine,” said Chainalysis.

The donations to Ukraine have seemingly been in accordance with international laws. However, Chainalysis reported that roughly half of the crypto sent to the pro-Russian groups would be used to support military forces in the Donetsk and Luhansk territories of Ukraine’s Donbas region — areas specifically sanctioned by the Office of Foreign Assets Control, or OFAC, at United States Department of the Treasury.
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🚀Run into the hype game Crypto Pirates at the start 🚀 a great opportunity to become a pioneer and earn tokens before IDO starts

💥Fight. Travel. Earn💥

⛵️ Crypto Pirates is an amazing mix of P2E, ZPG game, pixelart, space travel and real cursed monsters😂
And their NFTs are integrated into the game and help to farm tokens🌚

✅ Go to the site click Mint NFT (50 busd) pick up - you have access to the game
✅ Press the Play button, you are in the game, you need to put on NFT before flying in the port. Max amount 10 NFT per account, average ARP 220%
🧐 Is the game not yours? Ok - NFT also gives you the opportunity to buy $PST tokens at a price below the IDO start 👉 Seed round

🏃No money to run? - don't worry - it's over now Crypto Pirates Airdrop NFT'S + Piastr (PST) $1740 prize in NFTs and $PST tokens

🤫From the interesting point, the project has a number of venture funds such as Kenzo Ventures and BNBSwap Ventures, startup ChainLink Labs also invested in them

➡️Telegram group
🌐Crypto Pirates website