The Founder of Cardano Wants to Fix the DeFi Sector

During a YouTube livestream from his home in Colorado, Charles Hoskinson, CEO of Cardano developer Input Output, spoke on the disadvantages of decentralized finance, noting that many users are extremely frustrated with the low production quality of applications within the DeFi ecosystem. He goes on to say that losses from scams and breaches, which largely occurred in the Ethereum ecosystem, totaled $10.5 billion in 2021.

Many crypto initiatives, according to the CEO of Input Output, rely on "hope and prayer" rather than rigorous engineering. As a result, he believes that many initiatives will fail to endure the test of time.

"It's really difficult to accomplish this sort of engineering, and it's much more difficult to do it well and with a future in mind."

Developing DeFi standards

Cardano, according to the crypto entrepreneur, will be able to address this by developing a set of DeFi-specific standards that will screen out low-quality apps.

According to Hoskinson, the Ouroboros family of consensus protocols will ensure that Cardano is there for decades.

Cardano's creator claims that he is sick of it.

Assuring scalability is a must.

With the aid of Hydra, a scaling solution named after a legendary monster, and sidechains, it will be able to speed up transactions on Cardano. Within the next several decades, Hoskinson anticipates billions of people to join the ecosystem.

According to Hoskinson, an unprecedented number of developers are working on Cardano's core infrastructure and DeFi ecosystem. Cardano came under criticism earlier this year after a decentralized exchange failed to process transactions owing to a concurrency issue, which Hoskinson maintains is "totally" made-up.


On NFT and heritage: Questioning the notion of legacy itself

Garry Kasparov uses NFTs to shake up the fundamental ideas of tradition, legacy, and history in order to usher in the new era of Web 3.0. Israeli serial entrepreneur Ariel Shapira analyzes developing technologies in the crypto, decentralized finance (DeFi), and blockchain areas, as well as their roles in creating the economy of the twenty-first century, in his monthly crypto tech column.

Two key patterns can be seen when looking at the nonfungible token (NFT) ecosystem as it has developed in recent months. On the one hand, a completely new market that allows various artists to participate in a new creator economy — the creators of the Bored Ape Yacht Club, various types of pixel art creators, and creative flickers like the creator of long-necked women's paintings, the sale of which brought the artist, who is only 12 years old, close to 1,394 Ether (ETH), equal at the time of writing $6 million.

However, the fact is that an NFT is much more. Take, for example, one of the first large NFT transactions, when Jack Dorsey sold the first tweet on Twitter for $2.9 million at the time. Although this NFT acquired value, its integration as an NFT retained a form of legacy.

When Twitter or the obsolete text platform vanishes from the web, as many other sites that were once part of the web's chronicles have, the only things left will be those for which someone has established commercial worth, in addition to symbolic significance. A distinctive asset that stands alone and makes the preservation of history and legacy a long-term business.

NFTs are Garry Kasparov's specialty.

Garry Kasparov, the former world chess champion who held the title for the longest period of time, has opted to digitize his legacy and transform huge chapters of his history into an NFT. "My NFT partnership with 1Kind represents my longstanding drive to take on new challenges and collaborate with cutting-edge technology," Kasparov adds. "I've always felt that innovation is the only path ahead, from artificial intelligence to cryptocurrencies and the blockchain. We've collaborated closely from the beginning to develop not only one-of-a-kind objects, but also an entirely new manner of employing NFTs to convey a tale with true history."

Kasparov's interest in human-machine interactions is one of the most intriguing aspects of his personality. Kasparov is widely regarded as the greatest chess player of all time. The youngest person to win the world championship and the world chess champion with the longest reign.

But it was his clashes against supercomputers that made him famous throughout the world. Kasparov has conquered state-of-the-art chess machines on several occasions, but his loss to IBM's Deep Blue computer in 1997 was a watershed moment, symbolizing the reality that artificial intelligence may match and even surpass human intellect. On a symbolic level, it was precisely this defeat that connected Kasparov's fate to the digital age's progress. Now, with the NFT initiative, which Kasparov is launching with the 1Kind platform, he's upending basic ideas like heritage, legacy, and history once more. Kasparov wants to develop a digital presence for different periods of his life, producing a legacy that isn't reliant on displays, display cabinets, or history books. Objects, photographs, and artworks from his past, He drops through NFTs to maintain a history before it fades, and to bring in additional individuals who are interested in conserving that tradition, not to promote some creative economy like the Dorsey tweet. As Kasparov puts it:

"This is the first time that my complete life — my life — will be transformed into NFTs. I wanted to convey everything that shaped me and my legacy on and off the chessboard, not just my chess games and accomplishments."


Sandeep Nailwal, co-founder of Polygon, explains how the company is working to overcome Ethereum's constraints.

According to Nailwal, Polygon's scalability, fast processing speeds, and low gas prices give a solution to Ethereum's present network restrictions. Polygon (MATIC), a layer-two network built on Ethereum (ETH) for scalability and application infrastructure development, has recently gained traction among blockchain aficionados. The network's momentum is robust, with a $1 billion investment in zero-knowledge technology, a $200 million Web 3.0 social media project, and integration with Opera's web browser to make its decentralized apps available to 80 million Android mobile users.

However, aside from relationships and commerce, the network's technological capabilities, particularly when compared to Ethereum, are grabbing the attention of many blockchain developers. Polygon co-founder Sandeep Nailwal discussed the network's adoption in an exclusive conversation with Cointelegraph.


BIS Exec Says Defi As 'Wake-up Call' for Regulators, Global Crypto Policy Expected By 2022

Crypto is "expanding extremely rapidly" and "becoming popular in a different way," according to Benoît Curé, an assessor at the Bank of International Settlements (BIS). He stated governments "are likely to agree on a global framework for crypto next year," stressing that financial decentralization (defi) is a "wake-up call" for financial authorities.

The BIS Officer interprets the definition as a regulator's wake-up call, with global policy expected in the coming year.

Last week, Benoît Curé, a member of the BIS Executive Committee and the current head of the BIS Innovation Center, spoke on bitcoin, global regulation, and decentralized finance (defi).

Curé is a member of the European Central Bank's (ECB) Executive Council, and before to joining the ECB, he held several roles in the French Ministry of Finance and the French Office of Debt Management. He learned that he had been selected to run the French competition authority on Thursday.

Worldwide regulators have escalated their discussion on a high-level global for cryptocurrencies and decentralized finance, according to the chairman of the BIS Innovation Center. An excerpt from the publication is as follows:

"Financial authorities are expected to establish a worldwide framework for crypto next year after being jolted awake by the fast expansion of decentralized finance."

The BIS executive said that authorities couldn't ignore the defi since it "opens new paths..." for links with traditional finance, which might lead to new types of systemic risk.

Curé expects that the Financial Stability Board (FSB) will become the most convenient platform for regulators throughout the globe to develop a uniform framework, with the objective of having it completed by 2022. She does, however, say that "countries-countries are taking time to implement new policies," meaning that "a globally stable environment may take another two or three years." According to a BIS executive,

"The concern in 2022 is that great wants,such as Europe, the United Kingdom, the United States, and China, continue to move, but in distinct directions, resulting in non-global systems."

Curé believes that varied approaches to crypto by different nations will provide chances for "regulatory arbitrage," or organizations and people that help authorities by choosing the most profitable venues for trading. "That is a risk to be avoided," he said, "and there is still time to avoid it." Last week, last week, last week, last week, last week, last week, last week, last week, last week, last week, last week, last week, last week,

It's developing at a breakneck pace and... becoming mainstream in a new way, so the moment for uniform regulation is approaching.


Robinhood Launches Cryptocurrency Exchange Program

Robinhood is a cryptocurrency trading platform that lets users to transfer and receive bitcoin, dogecoin, ether, bitcoin cash, and litecoin, among other cryptocurrencies. Users can only reward $1 in crypto money, just like in crypto trading, and there are no commissions.

The Robinhood Cryptographic Rewards Program is a program that rewards you for using Robinhood. On Thursday, Robinhood launched the Robinhood Crypto "Cryptocurrency Rewards Program."

Users can grant $1 in cryptocurrency, according to online service Robinhood, but payments must be processed within 3-5 days. "As with crypto trading, the reward is :

"After you've completed your one-of-a-kind present, you can send it to someone special via a special link that will be given to their phone."

The crypto reward scheme is planned to be introduced on December 22nd. According to the Robinhood website, crypto rewards are not accessible in Nevada or Hawaii.

"Once the Sender picks and verifies the required amount and cryptocurrency, the Sender is entirely responsible for distributing the reward link, which the receiver may use to claim the award," the Company will note:

"Within 14 days after receiving the award, make sure your receiver has a Robinhood Crypto account. If the contribution isn't accepted, don't worry; you won't be charged a fee, and you'll have the right to brag about how you helped the library with crypto."

At the present, Robinhood Crypto supports bitcoin (BTC), bitcoin cash (BCH), bitcoin SV (BSV), dogecoin (DOGE), ethereum (ETH), ethereum classic (ETC), and litecoin (LTC) buying, selling, and trading in real time (LTC).

SHIB by Robinhood has been listed on by supporters of the shiba inu cryptocurrency meme. However, Robinhood previously indicated that registering for other cryptocurrencies is not difficult.

Robinhood's transaction-based revenue in the third quarter reached $267 million, with $51 million coming from bitcoin trading. Aside from that, Dogecoin transactions accounted for 40% of cryptocurrency-based income in the three months ended September 30. Before the launch of its crypto wallet, Chainalysis announced that they had partnered with Robinhood to improve their trading platform's performance.


The world's most famous douchebag has an NFT collection.

Forget about all the talk about technology revolutions, this is a true and artistic masterpiece. This site's douchebags are attempting to infect everyone with NFT! Douchebags are embracing NFT in droves all around the world.

Today, it's evident that there are tens of thousands of respectable artists in a space coin that isn't worth growing, and Paris Hilton is the most famous of them all.

NFT is a possibly game-changing phenomena that has just been named the most powerful ArtReview entity in the art world, but probably not as a consequence of the "catastrophic failure" that resulted in John Cena becoming the only person to win the WWE Championship.

There may be a variety of applications for NFT, such as the preservation of censorship-resistant historical documents, that future generations will question why we need censorship-resistant time. However, don't expect this significant benefit to compensate for the extreme evil being perpetrated in the world by people like Jacob Chansley.

Chansley's collection of 1,006 Shamans advertised her PR rep as a way for consumers to become part of a "community of those interested in the convergence of politics, crypto, media, tribal, and Shamanic culture" (the website).

It's neither called "A thief who tries to steal your money just via exploitation is completely shameless" or "A criminal who tries to seize your money solely through exploitation is correct." You do, however, mention tomatoes.

The assortment is intriguing, but they all come out the same hue, which may leave you questioning why multicolored food was introduced in the first place...

Chansley's rebel persona, 'QAnon Shaman,' features a number of douchey clothes, the most noteworthy of which is a fur cap with horns, followed by an orange jumpsuit. Unfortunately, the latter does not exist in the behorned collections, which are outmoded, half-assed, and derivative.

The majority of the collection's sloppy and unimaginative pictures were drawn "under exclusive permission" by "unknown artist," who should pique the interest of collectors everywhere.

The series includes "a never-before-seen photograph of Jacob dressed in a crypto costume" and — get this! — "is meant to encourage productive and meaningful dialogue," according to the press release, which is more creative. reason because because because because because because because because because because because because because because because because because because because because

"If you're interested in covering this, we'd be happy to give further quotes and context from Jacob and his mother," Cointelegraph responded after getting the message.

If anyone is curious about Dukun QAnon, it's his mother. I'll be damned if I connect to the collections, which are in every city. But, if you must, keep in mind that if you buy NFT in order to promote the deranged right-wing conspiracy theorist and Trumpian madman, he'll blame Trump for your disappointment.

And it's based on the fact that Chansley "has a liking for Trump that's no different from the first love a man may have for a lady, or a girl for a guy, or a guy for a guy, or a guy for a guy, or a guy for a guy, or a guy for a guy, or a guy for a guy, or so."


Cryptocurrency commercials for Coinbase and Kraken have been prohibited by the UK Advertising Standards Authority.

ASA wants to be clear that previous crypto demonstrations have not been able to reproduce comparable conditions in the future. A number of cryptocurrency-related marketing campaigns that have been used to promote a number of significant firms have been suspended by the Advertising Standards Authority, or ASA, an independent UK regulator.

On December 15, the advertising watchdog issued a number of findings about ad breaches involving six crypto-related companies: Coinbase, Kraken, eToro, Exmo, crypto broker Coinburp, and crypto exchange Luno. The American Society for the Prevention of Cruelty to Animals (ASA) also issued an official warning to the Papa John's pizza franchise.

According to the judgement, the seven advertisements or promotions were prohibited for "irresponsibly exploiting novice customers and neglecting to communicate the danger of investing."

The ASA claims that in July 2021, Coinbase's European office particularly advertised a "misleading" promotion on its sponsored Facebook ad, suggesting that "five pounds in Bitcoin in 2010 will be worth more than 100,000 pounds."

The advertising regulator stated that this commercial "implies a comparable assured growth in the value of Bitcoin over the next decade." The ASA notes that Coinbase Europe "doesn't make it clear that previous performance is not indicative of future results."

Another ASA decision was made against operator Kraken Payward in August 2021, in relation to a digital Kraken banner that was visible at London Bridge station. Because the risk disclaimer was only displayed "for one second," the watchdog said that the ad did not include an adequate danger warning.

"We believe risk alerts to give customers with a vast amount of information that will not be properly read or comprehended even if seen at all," says the statement.

The ASA's recent regulatory step joins a series of similar rulings taken earlier this year because authorities have been actively tracking down and removing false crypto marketing.

In May, the ASA ordered the Luno exchange to stop running another ad campaign. With a sign that reads, "If you see bitcoin on the Underground, it's time to purchase," this ad is displayed across the London Underground network and on this London bus. Previously, the regulator had prohibited the Coinfloor exchange from running advertising campaigns.


Binance has partnered with an Indonesian telecommunications company to promote new cryptocurrency tokens.

Binance has partnered with PT Telkom Indonesia, a state-owned firm in Indonesia, to develop a digital currency. Binance, the world's most popular cryptocurrency exchange, has teamed up with MDI Ventures, a venture capital arm of PT Telkom Indonesia, to create a cryptocurrency platform.

The collaboration will strive to boost blockchain usage in Indonesia, which has a population of roughly 240 million people, according to a joint release made on Wednesday. Binance will assist in the establishment of a new exchange platform by providing infrastructure and technical management. The aforementioned agreement will also help Indonesia enhance its blockchain technologies.

Binance can now grow into the nations where it has invested in the Tokocrypto cryptocurrency trading platform. Binance's CEO and founder, Changpeng Zhao, commented,

"At Binance, we want to build a worldwide blockchain and cryptocurrency ecosystem, and our initiative in Indonesia is a big step in the right way," he added. By aggressively embracing cutting-edge technology and using its immense economic potential, Indonesia might become Southeast Asia's top blockchain and crypto powerhouse."

MDI Ventures is Indonesia's largest technology investment business, with a portfolio worth over $830 million with investments in a wide range of sectors. The identities of the other firms in the MDI consortium are not revealed in this statement.

Binance aspires to establish a footprint across Asia, despite substantial regulatory limitations in the second and third quarters of 2021. Binance's Singapore subsidiary has purchased an 18 percent share in Hg Exchange, a local private securities exchange.


Vitalik Buterin, co-founder of Ethereum, has published a 'Plausible Roadmap' for addressing scalability.

The Ethereum network has recently come under fire for its data transmission costs and scalability. Vitalik Buterin, the co-founder of Ethereum, outlined efforts to increase scaling, the imminent proof-of-stake transition, and censorship resistance in a blog post titled "Endgame" released on December 6.

In an Endgame blog post, Buterin lays out a plausible Ethereum scaling roadmap.

Vitalik Buterin, the Ethereum project's well-known co-founder, has published his ideas for a "plausible path" to address the network's scalability concerns. The "Endgame" blog article describes a few concepts, including a "second layer of staking with modest resource needs" and the introduction of fraud proofs or Zk-Snarks, which allow ETH users to "cheaply" obtain block validity. Buterin's strategy aims to develop the blockchain without sacrificing censorship resistance.

"What do we receive after it's all said and done?" In his most recent blog post, Buterin poses the question. "We achieve a chain where block production is still centralized, but block validation is trustless and extremely decentralized, and block producers are prevented from filtering by specific anti-censorship magic." Buterin goes on to say:

Even if every single one of the primary stakers (block producers) is intent on attacking or censoring, the worst that they could do is all go offline at the same time, at which point the chain stops accepting transactions until the community pools its resources and sets up one honest primary staker node.

Buterin talks about the Ethereum Rollup Roadmap, Big Block Chains, and Cross-Domain MEVs.

Buterin's current blog post comes after conversations amongst Ethereum developers at the end of November concerning topics like EIP-4488. The approach might cut data transmission costs in half, according to Ethereum engineer Tim Beiko, who also expressed his opinions on EIP-4488 and cutting rollup costs. Buterin also discussed utilizing rollups and the technology's "potential long-term future" in the Endgame blog post.

"Despite the inherent unpredictability," Buterin emphasizes, "Ethereum is incredibly well-positioned to respond to this future environment." "A significant advantage of the Ethereum rollup-centric roadmap is that it allows Ethereum to be open to all futures without having to make a decision about which one will triumph." Buterin continued, "

Researchers on Ethereum should consider whether degrees of decentralization in block manufacturing are truly possible. If cross-domain MEV (or even cross-shard MEV from a single rollup taking up many shards) makes it unsustainable nonetheless, it may not be worth it to add expensive infrastructure to make highly decentralized block generation feasible.

"There is a road for them to convert into something trustless and censorship-resistant," Buterin adds of "large block chains," "and we'll soon find out if their core developers and communities genuinely value censorship resistance and decentralization enough to achieve it." "It will likely take years for all of this to play out," Buterin concludes in his blog post.

"Sharding and data availability sampling are difficult to deploy technologies. People will be totally comfortable keeping their assets in a ZK-rollup running a full EVM after years of refining and audits," Buterin says in his Endgame essay. "As for cross-domain MEV research, it's still in its early stages." However, it is becoming increasingly evident how scalable blockchains will have a realistic but bright future."


Palm NFT Studio, a crypto firm, has received a $27 million investment from Microsoft.

Palm NFT Studio, a cryptocurrency business, has announced a Series B fundraising round funded by Microsoft's (NASDAQ: MSFT) venture fund M12. The business stated in a news statement that the funds will be used to grow its team as it develops its services into entertainment, fine art, gaming, and creative culture.

The business highlighted the continuous development of the Palm NFT Studio technology platform, which enables the creation and deployment of large-scale NFT drops on the Palm Network. The focus on developing the company's structure, according to Dan Heyman, Co-Founder and CEO of Palm NFT Studio, is in accordance with the NFT space's predicted expansion.

"Within three years, the majority of NFTs will be free." Palm NFT Studio is paving the path for a change away from NFTs as unique collectibles and toward widespread community interaction. "We envisage programs that mint millions of NFTs with usefulness," said Heyman, "social objects that link communities, encourage participation, and reward real fans."

Palm NFT Studio has also concentrated on developing its compliance bureaus since entering the market, as regulatory organizations have increased their interest on the cryptocurrency field. RRE, Third Kind Venture Capital, NFT investor Sfermion, and The LAO are among the other investors in the round.

Investments in crypto companies are increasing.

Palm NFT Studio's recent funding adds to the rising investment in bitcoin firms as the industry matures. According to statistics from PitchBook, venture capital companies had invested $21.4 billion in cryptocurrency-related businesses as of October 1st. Palm NFT Studio has published numerous projects since its start eight months ago, including Palm Network, an Ethereum sidechain for NFTs, Candy Digital's MLB NFT platform, Nifty's The Matrix Resurrected program with Warner Bros., and NFTPro.

Furthermore, according to our earlier analysis, 129 blockchain companies raised $2.6 billion in the first quarter of 2020, which was larger than the $2.3 billion raised by 341 startups in the whole year.


In a single year, one of the metaverse's Big 3 firms increases by nearly 1000 percent.

Teams working on the metaverse idea are tasked with delineating this uncharted region. Understanding the metaverse notion is difficult, especially because it does not yet exist, despite the fact that several industry pioneers are getting near. As the world becomes more linked, with services, goods, and capabilities merging into a unified experience, the metaverse emerges as an obvious successor to the internet and a notion that is rapidly approaching. However, many people's first instincts are formed by fictional movies, making it difficult to define the notion. Despite the fact that certain features of this notion are identical, the initiatives that are pioneering this space in the actual world are the ones with the capacity to define what this "metaverse" concept looks like and make it a reality for the average user.

Many individuals believe that the metaverse will usher in a future in which people are increasingly networked with one another, regardless of where they are or what activities they engage in, such as working or traveling. For example, a digital twin of an employee may exist who may explore a virtual workplace without ever having to visit a physical site, providing organizations with access to a global talent pool and people with new employment opportunities. This is only one example; the options are still open and can be changed as the pioneers see fit.

RFOX, a team created in 2018 with the goal of becoming the world's first metaverse firm, is one of these pioneers. Their goal was to bring together a variety of service offerings in an one location. The initiative has carefully examined ways to remove entry barriers, allowing anybody to quickly join and be rewarded for their engagement in the digital ecosystem.

RFOX shares' CEO, Ben Fairbank,

"While the metaverse concept may be new to many, it is one that we have been focused on for years, and seeing this industry sector gain widespread attention is validation that we were on the right track, and that what we are building will allow us to continue down that path and lead innovation over the next decade."

Perhaps the most distinguishing feature of the project is that, in addition to satisfying all the requirements, it incorporates VR and multi-chain components to enable genuine interoperability, which is essential for a whole experience.

The metaverse is alive and well.

Through the blockchain and associated technologies such as smart contracts, RFOX has brought the metaverse concept to life in an interactive shopping and entertainment experience that merges gaming components, such as virtual reality, artificial intelligence, digital products, and other. The virtual area, dubbed the RFOX VALT by the project, is a linked hub with a focus on e-commerce and entertainment, including live performances, e-sports competitions, rides, and other such activities.

In practice, each user will utilize a virtual avatar to travel through the RFOX VALT. This avatar can visit a number of SHOPs, or stores, where they can engage with the owner, who is effectively another user. Each SHOP owner will have their own SHOP dashboard, which they may use to customize their shop. These shopkeepers may also run their own enterprises. Brands like CoinGecko are a good illustration of this. CoinGecko has taken advantage of this chance to engage as a marquee client, allowing them to provide their products and services through RFOX VALT in new media such as virtual reality. Other key partners, such as Icon, will have a dedicated gallery and office space in RFOX VALT, where they may form new social connections in a virtual reality setting.

On the gaming front, players will be exposed to Arkamoto, which is a mix of the words "arcade" and "Nakamoto." Players in Arkamoto may engage in a variety of gaming-specific venues to compete in live e-sports competitions. Arkamoto will be sold on December 9, 2021, according to the team. All facets of gaming revolve around the play-to-earn paradigm, which compensates gamers for their online gaming prowess. The KOGs: SLAM! game, for example, is now available and offers players new ways to build wealth and take advantage of digital finance's prospects, particularly in emerging nations.


All transactions will be conducted using the RFOX token, which will serve as the ecosystem's primary payment method and a crucial store of value as users acquire in-game land and other virtual goods. The ability to expose all offers in one unified platform and engage accordingly is a fundamental feature across various experiences.

Becoming a member of the "VALT"

RFOX has grown significantly via acquisitions and venture development to date. Their success can be seen in the price of their RFOX token, which has increased by as much as 1000 percent in the last year. Despite this rise, RFOX is still seen to be undervalued in comparison to its metaverse contemporaries, implying that its full potential has yet to be realized.


Meta relaxes Facebook's crypto ad policy, claiming that the cryptocurrency market is still maturing and stabilizing.

Meta, previously Facebook, has eased its cryptocurrency marketing policy, making it easier for businesses to run crypto ads on its platform. "We're doing this because the cryptocurrency ecosystem has continued to mature and stabilize in recent years, with more government regulations creating clearer norms for their industry," according to the company.

Meta's New Cryptocurrency Advertising Rules

Meta, formerly known as Facebook, unveiled new cryptocurrency advertising regulations on Wednesday. The corporation has expanded the number of regulatory licenses it accepts from three to 27 instead of "using a variety of signals to ensure eligibility" for advertising on its platform. Businesses can now advertise on Facebook with just one of the 27 licenses available.

"On our platform, we're making it easy to run ads about cryptocurrencies," Meta said, adding:

We're doing this because the cryptocurrency landscape has matured and stabilized in recent years, with more government legislation establishing clearer guidelines for the business.

The licenses were issued by regulators in the United States, Australia, Austria, Canada, Estonia, Finland, France, Germany, Hong Kong, Indonesia, Japan, Luxembourg, Malaysia, Netherlands, Norway, Philippines, Singapore, South Korea, Sweden, Thailand, United Arab Emirates, and the United Kingdom, among others.

Multiple license types are accepted in some areas. Businesses in the United States, for example, just need to be registered as a money service business with the Financial Crimes Enforcement Network (FinCEN) or have a Bitlicense granted by the New York Department of Financial Services.

The social media behemoth explained that the adjustment has no bearing on previously approved advertisers:

This change will assist to make our policies more egalitarian and transparent, as well as allow more advertisers to participate. Small firms, in particular, are encouraged to use our tools to expand their operations.

For crypto platforms, software apps, and products for exchanging, trading, lending, and borrowing, Meta reiterated that previous written consent is still required. "Cryptocurrency wallets" and "hardware and software for cryptocurrency mining" are also covered.

The ad modification came just one day after Meta's executive David Marcus announced his resignation and departure at the end of the year. Marcus is in charge of Facebook's crypto operations, which include a crypto wallet and the diem (previously libra) digital currency.


Adidas Joins NFT Projects' Bored Ape Yacht Club and Punks Comic to Enter the Metaverse

Adidas AG, a German multinational firm that manufactures athletic shoes, clothing, and accessories, has teamed up with the non-fungible token (NFT) brands Bored Ape Yacht Club and Punks Comic. Adidas announced last week that it had worked with Coinbase and considers the metaverse to be one of the most "interesting" digital advancements.

Bored Ape Yacht Club, Punks Comic, and Gmoney are all partners with Adidas.

Adidas wants the world to know that it is making a huge push into blockchain technology and metaverse valuables. On December 2, the company announced a partnership with cryptocurrency investor Gmoney, the Bored Ape Yacht Club (BAYC) NFT project, and Punks Comic on its Twitter account.

Today, [Bored Ape Yacht Club], [Gmoney], and [Punks Comic] take a leap into the Metaverse." On Thursday, Adidas stated, "It's time to embrace a world of boundless possibilities. The message was retweeted over 4,000 times and liked over 8,000 times. The tweet also connects to the Adidas Metaverse website, which states:

It's happening right now. Adidas is led into the Metaverse by Gmoney, Punks Comic, and the Bored Ape Yacht Club. Let's get started.

Nikeland Holds More Than $200K in NFTs in Adidas Wallet In the Roblox Metaverse, it's been revealed.

A BAYC image has also been added to the company's Twitter profile photo. At the time of settlement, Adidas had purchased Bored Ape Yacht Club #8,774, which had last sold for 46 ether or $156K. Heart-shaped sunglasses, a gold hoop for earrings, a "bored" expression, a fisherman's hat, and blue fur are all features of the BAYC. The BAYC is wearing a yellow Adidas jacket with the classic three-stripe design in a recent Adidas tweet.

According to statistics, the address that purchased the BAYC has 13 different NFTs from 11 different collections. If Adidas owns the wallet, it also owns Punks Comic: "The Hunt for the Lost Robbies," which cost 6.95 ether to buy. The most expensive NFTs in the wallet are the Punks Comic and the recently purchased BAYC #8,774. The other NFTs in the wallet that holds BAYC #8,774 have a floor value of $17 to $549 per NFT.

When the BAYC and Adidas unified NFTs will be issued and released to the public has yet to be determined. Adidas revealed last week that it was cooperating with Coinbase, a leading cryptocurrency exchange, as well as working with The Sandbox, a virtual blockchain environment. The Sandbox collaboration's full specifics are yet to be published as well.

Nike, the company's primary competitor, announced last month that it is also interested in the metaverse. Nike issued a blog post on November 18 on "Nikeland," explaining how it has established itself in the virtual world Roblox. Nikeland on Roblox aspires to be a "place where everyone can compete and be creative."


Shiba Inu Trading to Begin Tomorrow on Crypto Exchange Kraken

Kraken, a cryptocurrency exchange, has announced acceptance for the shiba inu meme cryptocurrency (SHIB). Deposits are already open, and SHIB trading should begin on Tuesday. Following Kraken's statement, the price of SHIB skyrocketed.

SHIB on Kraken: Deposits are now open, and trading will start tomorrow.

Kraken, a cryptocurrency exchange, stated on Monday that shiba inu (SHIB) deposits are now available, with trading anticipated to begin on Tuesday. The following was written in the exchange:

We are ecstatic to announce that Kraken now supports Shiba Inus (SHIB).

"Funding is online, and we expect trading to begin tomorrow, November 30 – at which point Kraken will enable order entry and execution," the exchange said, adding that futures and margin trading will not be available at launch.

According to the statement, the Shiba Inu token will be tradeable against USD and EUR on Kraken, with a trading minimum of 50K SHIB, a price precision of 8 decimal places, and a quantity precision of 5 decimal places.

Furthermore, Kraken stated that SHIB deposits require 20 confirmations, which it believes will take approximately five minutes. 373K SHIB is the minimum deposit. SHIB's price has risen more than 13 percent since Kraken's statement, from $0.00003899 to $0.00004422 at the time of writing.

Shiba inu crypto investors have been waiting for Kraken to fulfill its promise to list SHIB for nearly a month. On November 1, the exchange stated that if its tweet received 2K likes, the platform will list SHIB the next day. Within the time span allotted, SHIB supporters delivered almost 45K likes. Kraken, on the other hand, failed to deliver on its promise.

"Community is a crucial component of our deliberations for all listings, and you have clearly proven your support," the exchange tweeted on Nov. 2 instead of listing SHIB. As we progress through the listing review process, we have more work to perform."

Meanwhile, fans of the shiba inu cryptocurrency continue to campaign for SHIB to be listed on the trading site Robinhood. The petition has received over 540K signatures as of this writing. However, Robinhood recently stated that it is not in a rush to add more cryptocurrencies to its platform. This month, another major crypto exchange, Gemini, added support for SHIB.


Robert Kiyosaki, author of Rich Dad, Poor Dad, says he's buying Bitcoin and Ether as inflation rises.

Robert Kiyosaki, author of the best-selling book Rich Dad, Poor Dad, has stated that he is increasing his bitcoin and ether purchases in response to mounting inflation fears. "Inflation is a levy on the poor and middle class," says the author. "Inflation enriches the wealthy," he stated emphatically.

Robert Kiyosaki Predicts Inflation, Says He'll Buy More Bitcoin and Ether

In response to the frightening rise in inflation, Robert Kiyosaki, author of Rich Dad Poor Dad, has stated that he is buying more bitcoin and ether.

Kiyosaki and Sharon Lechter co-authored Rich Dad Poor Dad in 1997. For nearly six years, it has been on the New York Times Best Seller List. The book has been sold in more than 109 countries and has been translated into 51 languages.

The Dollar Tree has been renamed the $1.25 Tree. Inflation is a form of taxation imposed on the poor and middle classes. Inflation increases the wealth of the wealthy. Get a head start. Become wealthier. I'm increasing my gold, silver, bitcoin, ethereum, rental property, and oil purchases.

According to statistics from Markets, when he tweeted about buying more BTC and ETH, the price of bitcoin was around $56,267 and the price of ether was around $4,238. Bitcoin is currently trading at $57,264.26, while ether is trading at $4,294.

On various instances, Kiyosaki has warned against inflation. For a long time, he has also advocated for bitcoin. In October, the bestselling author of Rich Dad, Poor Dad tweeted that President Joe Biden and the Federal Reserve are "ripping off poor people," forecasting that the United States is headed for a depression. He claimed that Biden and the Federal Reserve "need inflation to prevent a fresh depression," and that both are "corrupt." He predicted a massive crash, followed by a new depression. He then advised people to invest in gold, silver, and bitcoin.

The "Fed wants inflation to pay debt with cheaper dollars," Kiyosaki tweeted in May, adding that the "Fed will hike interest rates, causing stock, bond, real estate, and gold crashes." The "greatest difficulty," according to the famed author, is "boomer retirement," with social security, Medicare, and America all being "broke." He advised investors to "stick with gold, silver, and bitcoin" since the Fed will print "more false money."


In Collaboration With Palau, Ripple Will Launch A Climate-Friendly National Digital Currency

Some countries are planning to go with the flow as the usage of digital assets grows across multiple mainstreams. As a result, most governments throughout the world are focusing on building a national digital currency that can be linked to their fiat currencies. This is the fundamental reason for the Republic of Palau's partnership with Ripple's digital payment network.

Ripple will help the Pacific Island country build its national digital currency as part of the cooperation. The start-up ensures that the digital money is USD-backed and may be used to make cross-border payments in Palau.

In addition, Ripple revealed that the agreement would result in the creation of a national stablecoin in the first half of next year. This will be the first of its sort in the world with government support.

Ripple has hinted that Palau's national digital currency might not be a Central Bank Digital Currency (CBDC). According to the digital payment network, its support for Palau spans design, business, policy, and technology.

It discussed the implications of investigating a USD-backed stablecoin and its applications on the XRP Ledger. It was stated that such an application would be a better alternative to CBDCs for a country like Palau.

President Suangel Whipps Jr. of Palau affirmed that the national digital currency provides citizens with more financial access.

Ripple's Commitment to Climatic Considerations

Furthermore, as an island, Palau is vulnerable to climatic change. Another reason for the relationship with Ripple is because of this. XRP Ledger, according to the network, is carbon-neutral and saves 120,000 times more energy than Proof-of-Work blockchains.

James Wallis, Ripple's VP of Central Bank Engagements, expressed his enthusiasm for the engagement with Palau in dealing with both financial and climatic challenges. He claims that it allows them to showcase their expertise and technology while taking advantage of Palau's distinctive features. As a result, they will have a significant impact on the country's economic and social elements.

Ripple's role in environmental and climatic factors is far more complex than that of a newcomer. In February of this year, the network declared its goal of becoming carbon-neutral by 2030. The approach entails converting XRP carbon net-zero using the EW Zero tool. EW Zero, as an Energy Wen open source solution, will allow developers to purchase tokenized renewables, allowing them to become carbon net-neutral.

In addition, Ripple piloted a $44 million fundraising project for Nelnet Renewable Energy, a fintech company. This effort aimed to raise funds for environmentally concerned campaigns in the United States.


Crypto is mentioned in the coalition agreement of the new German government.

The new German coalition wants to make the "European financial market supervisory statute" applicable to cryptocurrency assets and businesses. Crypto was mentioned in the new German government's coalition agreement, which advocates for a level playing field between traditional finance and "creative business models."

This week, three German political parties reached an agreement on a coalition that would see the left-leaning Social Democrats (SDP), the Green Party, and the right-leaning Free Democrats take power in December.

The coalition calls for a new "dynamic in regard to the benefits and hazards from new financial innovations," such as crypto assets and blockchain enterprises, according to a rough translation of the 177-page agreement released on Wednesday:

"In order to ensure holistic and risk-adequate oversight of new business models, we are adapting European financial market supervisory regulation to accommodate digitization and complicated group structures."

"For the crypto sector, we need united European monitoring." The agreement further states that "we require crypto asset service providers to consistently identify the beneficial owners."

The European Union regulatory authority should "not only look after the traditional financial sector, but also prevent the exploitation of crypto values for money laundering and terrorist financing," according to the text.

Following the German federal election on Sept. 26, the establishment of the coalition allegedly took two months of discussions. It also marks the end of Angela Merkel's 16-year reign as Chancellor, who will be succeeded by the SDP's Olaf Scholz.

The adoption of cryptocurrency is increasing across the European Union.

On the other hand, the European Council, which determines the EU's political agenda, approved the "Regulation on Markets in Crypto Assets" (MiCA) framework and the "Digital Operational Resilience Act" on the continent.

MiCA, in particular, proposes to create a "regulatory framework for the crypto-assets market that fosters innovation and draws on the potential of crypto-assets," as originally developed by the European Commission in September 2020. While the European Parliament must yet ratify it, if it is passed, it will subject crypto asset issuers to more strict regulations, but nonfungible tokens and utility tokens will be exempt from the rule.

The progressive regulatory plan was dubbed the "most crucial one to date for the entire crypto sector" by Reddit member u/BelgianPolitics in the r/CryptoCurrency subreddit on Friday.

At the time of writing, the Reddit user's study had nearly 900 comments and provided a full rundown of the proposed laws under MiCA. The importance of the proposals was stressed by the author:

"Every entity operating in the European Union will be required to respect these rules." However, due to the 'Brussels Effect,' there is a significant probability that these rules will eventually become international standards. While everyone's attention is drawn to the United States and China, the EU is quietly leading the way."


Due to regulatory concerns, Etoro will limit Cardano and Tron services in the United States

Etoro, an Israeli-based trading website, has banned the trading of cardano and tron on its platform. Beginning in December, consumers in the United States will have limited access to these cryptocurrencies on the Etoro platform. These new restrictions, Etoro noted in a blog post, are the result of "business-related concerns in the shifting regulatory environment."

Cardano and Tron trading is restricted for Etoro customers in the United States.

For consumers situated in the United States, Etoro, one of the most major Israel-based trading companies, has restricted tron and cardano trading. The statement was issued on November 23 in a blog post informing clients of the platform constraints that will be imposed on certain assets. Beginning December 26, users will no longer be able to initiate positions in these cryptocurrencies, and they will no longer be able to stake these assets beginning December 21.

This, however, only applies to newly created roles. Existing positions must be maintained by users, however after the operation is closed, the payout (if any) will be executed in dollars. Positions in smart portfolios will also be transformed to personal positions so that the user can keep track of them. Etoro explained that it is taking these steps because of "business-related factors in the shifting regulatory environment." The company is most likely attempting to shield itself from the regulatory uncertainties that the bitcoin industry is currently experiencing in the United States.

Hoskinson responds

Etoro's surprising actions spurred Charles Hoskinson, the founder of Cardano, to retaliate. Hoskinson discussed the global regulatory uncertainty that cryptocurrency faces, particularly in the United States. Hoskinson had this to say about it:

It appears to be a risk control and policy modification for a specific European business, and liquidity for US participants was restricted.

At the same time, another European cryptocurrency exchange, Bitstamp, has announced that cardano would be supported on its platform. This would confirm Hoskinson's conclusion that Etoro's restriction is merely a one-off measure by a single platform, rather than a symptom of a broader trend of exclusion. Hoskinson further stressed that Etoro's decision would have no impact on the currency's liquidity in the market because it was a minor platform for the token.

Hoskinson also advocated for regulatory clarity, claiming that it would be the only way to resolve all of these issues. Justin Sun, the founder of Tron, on the other hand, has remained silent on the subject.


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Coin of the meme The UK Advertising Standards Authority is investigating the FLOKI ad campaign.

According to BBC reporting, the Advertising Standards Authority (ASA) is reviewing adverts for the Floki Inu (FLOKI) cryptocurrency that were posted on public transit in London. Indeed, the Advertising Standards Authority is examining "a large body of commercials in this area" to see if they are in violation of advertising standards. Despite the fact that the team behind the Floki Inu cryptocurrency marketing campaign claimed to have been "legally certified." The creators stated:

"A prominent notice underlining the volatility of cryptocurrency is also included in these advertising."

Concerns about the token's authenticity

Concerns about the crypto token's authenticity arose after no information about its creators could be located online; nevertheless, Floki Inu notified the BBC in an email:

"We purposefully did not prominently showcase team members on our website to emphasize that Floki is the people's coin and a movement centered on them."

It stated that its "legal company" was situated in Georgia, and that during know-your-customer checks, it had shared this information with "strategic partners."

Jackie Xu, who lives in the Netherlands, is Floki's chief developer, according to the email. The email went on to say:

"The Floki team isn't fully anonymous, as some have claimed, but some of our team members have chosen to remain unknown temporarily to avoid distractions and for security concerns."


source :

TFL has called for a ban on crypto advertisements.

Following the end of a three-week poster campaign by Floki, Transport for London (TfL) was requested to limit marketing for unregulated financial products. The public transit operator in the United Kingdom's capital has indicated that there have been no significant complaints concerning crypto advertisements.

However, several British lawmakers have raised concerns that the TFL should not have allowed the Floki Inu adverts. Siân Berry, a member of the Green Party's London Assembly delegation, posed the following question to Sadiq Khan, the mayor of London:

"They should have paused when the advertisement stated, 'This is absolutely unregulated; you may lose all of your money.' Cryptocurrency adverts should not be on the network, in my opinion. They're dishonest."

What is Floki, exactly?

Floki Inu is a cryptocurrency named after Tesla (NASDAQ: TSLA) CEO Elon Musk's Shiba Inu dog; Musk has been called "the Dogefather" as a consequence of his support for the meme cryptocurrency Dogecoin, which includes a Shiba Inu as its mascot. "My Shiba Inu will be named Floki," Musk posted on Twitter on June 25. On September 12, Tesla CEO Elon Musk reacted with a tweet that stated, "Floki has finally arrived." FLOKI users can choose between an ERC20 and a BEP20 coin.

Scams involving cryptocurrency

After Kim Kardashian was paid to promote Ethereum Max, a token that had been launched a month earlier by unknown developers, the head of the Financial Conduct Ability (FCA), Charles Randell, called on ministers to grant the FCA the authority to supervise crypto-assets. 

Following the introduction of the Netflix (NASDAQ: NFLX) series Squid Game, a cryptocurrency based on the program gained considerable attention at the end of October, causing its value to skyrocket by 310,000 percent in a single day, hitting $2,856, according to CoinMarketCap. A few days later, the SQUID token's value plummeted to zero in minutes as the mysterious crooks who created it fled with a claimed profit of at least $2 million.


Ripple Powers Launches UAE-Pakistan First-of-Its-Kind Payment Corridor

The technology developed by Ripple will be used to deliver fast remittances between the UAE and Pakistan. In order to build a remittance corridor, Bank Alfalah, one of Pakistan's largest private banks, has partnered with LuLu Exchange, an Abu Dhabi-based remittance and foreign exchange firm.

The RippleNet Cloud service will be used to facilitate payments between the two nations. LuLu Exchange also created remittance lanes to India and Egypt earlier this year. Pakistanis make up about 12.5 percent of the population of the United Arab Emirates. Pakistan's second-largest source of remittances comes from the UAE.

According to Bank Alfalah CEO Atif Bajwa, Ripple aids in the strengthening of financial bridges between the two countries:

The collaboration with RippleNet will help us enhance our relationship with Lulu Exchange and the financial links between Pakistanis in the UAE and their family back home.


Master Bot NFT sells for $172,000 on the Internet Computer (ICP) NFT market.

PokedStudio has sold a number of digital bots on an NFT marketplace, with the largest transaction bringing in 3,000 ICP. Pokedstudio, a graphic design firm headquartered in the United Kingdom, has released a collection of 10,000 distinct digital bots categorized as Animal Bot, Battle Bot, Industrial Bot, Food Bot, Game Bot, Wild Bot, Dead Bot, and one ultimate Master Bot, all of which were released on November 9, 2021. PokedStudio is a studio that develops artwork with characters and magical realms.

These bots were built as NFTs, which avoid the unnecessary energy usage of Proof-of-Work. They debuted on Entrepôt, an NFT marketplace. The first NFT marketplace on the Internet Computer blockchain is Entrepô To make a purchase with, you must first link your ICP wallet, also known as the Stoic wallet. To purchase the NFT, simply press the buy button and follow the on-screen instructions. Having a funded wallet is required to make purchases.

Bots have sold for 300 ICP (about $172,140) to 3,000 ICP (approximately $172,140) on November 10th. At the time of writing, they were all sold out. Pokedstudio's first step into the metaverse is the Bots NFTs. 

What is the Internet Computer Blockchain, and how does it work?

Dominic Williams created Dfinity in 2016 with the goal of creating the Internet Computer. The Internet Computer is a digital token based on the Internet Computer Protocol (ICP), which allows anybody to create software or distribute content on the internet using smart contract-like mechanisms. The purpose of Dfinity was to reinvent the internet as a de-monopolized entity hosting safe software. On the Internet Computer blockchain, NFTs may be created. The Insane Clown Posse was the first NFT to be launched on the Internet Computer Blockchain.

On ICB, there are no gas expenses for minting NFTs.

According to Dfinity's Medium blog, Dfinity teamed with Toniq Labs to airdrop 10,000 Motoko NFTs to conference participants utilizing Stoic wallets on the Internet Computer blockchain at the recent NFT.NYC conference in New York City. This was a demonstration showing there are no gas expenses associated with minting or purchasing NFTs on a decentralized, public blockchain. On Ethereum, minting non-fungible tokens, or NFTs, can be expensive. On Ethereum, minting an NFT is treated as a transaction, and so incurs a fee. The amount of traffic on the network and the amount of computing power required to complete a transaction affect gas costs.

If you want to sell your own NFTs on the Entrepot marketplace, you must first fill out a form. A 1% marketplace fee is charged by Entrepôt, and creators can charge a royalty fee of up to 2.5 percent. The Stoic Wallet is a non-custodial wallet, which implies that the possessor retains ownership of all assets, including NFTs. The first NFT marketplace on the Internet Computer blockchain is Entrepô


Alfalah Exchange in Pakistan and Lulu Exchange in the UAE have partnered to make remittances easier using RippleNet.

As more nations become aware of the possibilities of cryptocurrencies, the world of cryptocurrencies is expanding. Pakistan has also become a proponent of the technology, and the government is under increasing pressure to regulate cryptocurrency. While the nation was putting up an action plan, the country's largest bank, Alfalah, formed a strategic collaboration with the LuLu Exchange in the United Arab Emirates. Through RippleNet, this Abu Dhabi-based exchange aimed to speed up and expand cross-border remittance transfers.

The strategic alliance, according to sources, will allow remittances to flow between the UAE and Pakistan, Alfalah, situated in Pakistan, has never had a payment integration before. This will allow a significant portion of the Pakistani community in the UAE (almost 15%) to make quick and cost-effective moves. According to the study,

"According to their development ambitions, Bank Alfalah's FinTech effort will act as a prototype for group deployment with Lulu Exchange's sister concerns in Bahrain, Oman, Kuwait, Qatar, Singapore, and Malaysia."

RippleNet, interestingly, has been merging various banks from underdeveloped countries to provide cross-border services. Another chance for it to use its services and extend its wings in the Asia-Pacific area came with Pakistan's sixth-largest bank. Pakistan was one of the top remittance markets, according to Brooks Entwistle, Managing Director of RippleNet in APAC and MENA, and they were hoping to expand their reach into new markets by 2022.

Meanwhile, Pakistan's Sindh High Court has given the Imran Khan-led government three months to regulate cryptocurrency. This ruling was issued in October, so by January 2022, the Pakistani government should be able to provide some clarification and provide regulatory standards to cryptocurrency aficionados.


The project proves that blockchain is more than just a fad for businesses.

Businesses may benefit from blockchain adoption if developers have access to the most up-to-date information and resources. Blockchain technology, in its most basic form, provides users with a platform for exchanging information and transactions with other people, corporations, and software. The technology, on the other hand, is just as fascinating and well-known as a term as it is useful, with a wide range of applications for solving real-world issues in novel ways. For example, the technology has been known to disrupt industries such as healthcare, real estate, supply chain, and insurance, among others.

Programming the technology to handle these challenges is complicated, despite how disruptive it is. As a result, blockchain is not widely used by programmers throughout the world. As a result, many disruptive innovation prospects never reach the commercialization stage because the cycle is too long and expensive, or because the resources required to incubate the concept and give it time to flourish and reach the market are judged useless.

Morpheus Labs set out to establish an online platform that would allow programmers to quickly study and develop blockchain-based apps in order to solve these problems. Since then, the team has established itself as a pioneer in Blockchain-Platform-As-A-Service (BPaaS) for both developers and businesses. This back end provides blockchain firms with a partner-driven paradigm for end-to-end development, allowing teams to maintain their own apps without incurring significant expenditures or effort.

As a consequence, the firm was advanced by Blockchain Foundry, a Singaporean technology cluster, and was included in the Singapore Blockchain Landscape Map and Tribe Accelerator with Oracle, Microsoft, and IBM. With significant progress achieved over the previous four years, Morpheus Labs continues to believe in true utility blockchain with solutions that actually empower and solve pain points in the industry and beyond. To put it another way, the squad claims to be "more than the hype."

It's time to go!

The platform service, according to Morpheus Labs, aims to be the "Wix" of blockchain for organizations, corporations, and developers. The team has already published practical solutions that they hope will offer value to the blockchain space by encouraging education and services that will aid in the technology's adoption.

The HUAWEI Cloud x Morpheus Labs Launchpad service, for example, is targeted at helping organizations embrace blockchain. By reaching out to important target demographics, the launchpad service aids blockchain projects in accelerating their uptake. It also helps these initiatives reach out and open doors to a developer pool when used appropriately. live utilization of their network or initiatives, and providing public communication opportunities, increasing social noise and awareness.


The team has had a lot of positive feedback so far, and they make sure that quality is maintained by forcing all projects to go through a due diligence examination to confirm the service's feasibility. On October 28, HUAWEI CLOUD and its many stakeholders held a webinar to give further information.

Businesses may utilize the MLSEED platform, which includes infrastructure, protocols, use case references, and other development tools, in conjunction with Morpheus Labs Launchpad Service to accelerate their development lifecycle. As a result, the MLSEED platform and the platform's Launchpad Service may be used together as "go-to-market" solutions for new project engagement, marketing, and validation.

When reflecting on their success thus far, one of their team members says, "Through different ways, Morpheus Labs is happy to support the adoption of blockchain by individuals, corporations, and enterprises, which is what we set out to achieve in our purpose." From our HUAWEI CLOUD Launchpad service to our educational outreach. We collaborate with key players to discuss and develop solutions that will make blockchain adoption more practical."

Educating the general public

In addition, Morpheus Labs is pushing blockchain use through boosting education in the field. Their platform was created with the intention of providing a welcoming atmosphere for students and professionals to learn more about the difficult world of blockchain and to further drive them into a world that is in desperate need of these abilities.

Morpheus Labs is now collaborating with a German institution to offer blockchain courses. They're also collaborating with a Nepalese institution and ICON to arrange hackathons for local talent. As seen by their approach to Singapore's largest union (in close collaboration with the government) to give sponsorships and new blockchain courses, the Morpheus Labs team continues to promote education.

With so many opportunities for growth ahead, measures have been put in place to provide a route for burgeoning talent in developing nations, as well as to assist connect the disconnected.


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