\n

In November of 2021, Crypto.com announced they bought the rights to the Staples Arena,<\/a> in a historic deal inked at US$700 million. Crypto.com has also\u00a0partnered with the Australian Football League<\/a>\u00a0in a $25 million deal, signed a $100-million sponsorship with Formula 1, and confirmed a $175 million sponsorship with the UFC.<\/p>\n\n\n\n

CEO and Co-Founder of Crypto.com Kris Marszalek believes that the sponsorship with the FIFA World Cup will \u201cdrive further awareness of Crypto.com globally.\u201d This is just one more addition to their expanding list of sponsorships worldwide.<\/p>\n","post_title":"CryptoCom Is The Main Sponsor Of The 2022 World Cup","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"crypto-com-is-the-main-sponsor-of-the-2022-world-cup","to_ping":"","pinged":"\nhttps:\/\/www.thedistributed.co\/crypto-com-arena-deal-sealed\/","post_modified":"2022-06-06 21:35:19","post_modified_gmt":"2022-06-06 11:35:19","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=4040","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};

1 76 77 78 79 80 85

Most Read

Subscribe To Our Newsletter

By subscribing, you agree with our privacy and terms.

Follow The Distributed

ADVERTISEMENT
\n

\u201cCrypto.com has already demonstrated a commitment to supporting top-tier teams and leagues, major events and iconic venues across the world, and there is no platform bigger, or with a greater reach and cultural impact, than FIFA\u2019s global platform of football,\u201d<\/p>Kay Madati, FIFA\u2019s Chief Commercial Officer.<\/cite><\/blockquote>\n\n\n\n

In November of 2021, Crypto.com announced they bought the rights to the Staples Arena,<\/a> in a historic deal inked at US$700 million. Crypto.com has also\u00a0partnered with the Australian Football League<\/a>\u00a0in a $25 million deal, signed a $100-million sponsorship with Formula 1, and confirmed a $175 million sponsorship with the UFC.<\/p>\n\n\n\n

CEO and Co-Founder of Crypto.com Kris Marszalek believes that the sponsorship with the FIFA World Cup will \u201cdrive further awareness of Crypto.com globally.\u201d This is just one more addition to their expanding list of sponsorships worldwide.<\/p>\n","post_title":"CryptoCom Is The Main Sponsor Of The 2022 World Cup","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"crypto-com-is-the-main-sponsor-of-the-2022-world-cup","to_ping":"","pinged":"\nhttps:\/\/www.thedistributed.co\/crypto-com-arena-deal-sealed\/","post_modified":"2022-06-06 21:35:19","post_modified_gmt":"2022-06-06 11:35:19","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=4040","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};

1 76 77 78 79 80 85

Most Read

Subscribe To Our Newsletter

By subscribing, you agree with our privacy and terms.

Follow The Distributed

ADVERTISEMENT
\n
\nhttps:\/\/twitter.com\/cryptocom\/status\/1506424728818679808\n<\/div><\/figure>\n\n\n\n

\u201cCrypto.com has already demonstrated a commitment to supporting top-tier teams and leagues, major events and iconic venues across the world, and there is no platform bigger, or with a greater reach and cultural impact, than FIFA\u2019s global platform of football,\u201d<\/p>Kay Madati, FIFA\u2019s Chief Commercial Officer.<\/cite><\/blockquote>\n\n\n\n

In November of 2021, Crypto.com announced they bought the rights to the Staples Arena,<\/a> in a historic deal inked at US$700 million. Crypto.com has also\u00a0partnered with the Australian Football League<\/a>\u00a0in a $25 million deal, signed a $100-million sponsorship with Formula 1, and confirmed a $175 million sponsorship with the UFC.<\/p>\n\n\n\n

CEO and Co-Founder of Crypto.com Kris Marszalek believes that the sponsorship with the FIFA World Cup will \u201cdrive further awareness of Crypto.com globally.\u201d This is just one more addition to their expanding list of sponsorships worldwide.<\/p>\n","post_title":"CryptoCom Is The Main Sponsor Of The 2022 World Cup","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"crypto-com-is-the-main-sponsor-of-the-2022-world-cup","to_ping":"","pinged":"\nhttps:\/\/www.thedistributed.co\/crypto-com-arena-deal-sealed\/","post_modified":"2022-06-06 21:35:19","post_modified_gmt":"2022-06-06 11:35:19","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=4040","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};

1 76 77 78 79 80 85

Most Read

Subscribe To Our Newsletter

By subscribing, you agree with our privacy and terms.

Follow The Distributed

ADVERTISEMENT
\n

As per their official announcement, Crypto.com will be the exclusive cryptocurrency trading platform sponsor of the event, benefitting from significant brand exposure both within and outside the stadiums.<\/p>\n\n\n\n

\nhttps:\/\/twitter.com\/cryptocom\/status\/1506424728818679808\n<\/div><\/figure>\n\n\n\n

\u201cCrypto.com has already demonstrated a commitment to supporting top-tier teams and leagues, major events and iconic venues across the world, and there is no platform bigger, or with a greater reach and cultural impact, than FIFA\u2019s global platform of football,\u201d<\/p>Kay Madati, FIFA\u2019s Chief Commercial Officer.<\/cite><\/blockquote>\n\n\n\n

In November of 2021, Crypto.com announced they bought the rights to the Staples Arena,<\/a> in a historic deal inked at US$700 million. Crypto.com has also\u00a0partnered with the Australian Football League<\/a>\u00a0in a $25 million deal, signed a $100-million sponsorship with Formula 1, and confirmed a $175 million sponsorship with the UFC.<\/p>\n\n\n\n

CEO and Co-Founder of Crypto.com Kris Marszalek believes that the sponsorship with the FIFA World Cup will \u201cdrive further awareness of Crypto.com globally.\u201d This is just one more addition to their expanding list of sponsorships worldwide.<\/p>\n","post_title":"CryptoCom Is The Main Sponsor Of The 2022 World Cup","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"crypto-com-is-the-main-sponsor-of-the-2022-world-cup","to_ping":"","pinged":"\nhttps:\/\/www.thedistributed.co\/crypto-com-arena-deal-sealed\/","post_modified":"2022-06-06 21:35:19","post_modified_gmt":"2022-06-06 11:35:19","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=4040","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};

1 76 77 78 79 80 85

Most Read

Subscribe To Our Newsletter

By subscribing, you agree with our privacy and terms.

Follow The Distributed

ADVERTISEMENT
\n

Crypto.com has announced<\/a> they are the official sponsor of the 2022 FIFA World Cup hosted in Qatar.<\/p>\n\n\n\n

As per their official announcement, Crypto.com will be the exclusive cryptocurrency trading platform sponsor of the event, benefitting from significant brand exposure both within and outside the stadiums.<\/p>\n\n\n\n

\nhttps:\/\/twitter.com\/cryptocom\/status\/1506424728818679808\n<\/div><\/figure>\n\n\n\n

\u201cCrypto.com has already demonstrated a commitment to supporting top-tier teams and leagues, major events and iconic venues across the world, and there is no platform bigger, or with a greater reach and cultural impact, than FIFA\u2019s global platform of football,\u201d<\/p>Kay Madati, FIFA\u2019s Chief Commercial Officer.<\/cite><\/blockquote>\n\n\n\n

In November of 2021, Crypto.com announced they bought the rights to the Staples Arena,<\/a> in a historic deal inked at US$700 million. Crypto.com has also\u00a0partnered with the Australian Football League<\/a>\u00a0in a $25 million deal, signed a $100-million sponsorship with Formula 1, and confirmed a $175 million sponsorship with the UFC.<\/p>\n\n\n\n

CEO and Co-Founder of Crypto.com Kris Marszalek believes that the sponsorship with the FIFA World Cup will \u201cdrive further awareness of Crypto.com globally.\u201d This is just one more addition to their expanding list of sponsorships worldwide.<\/p>\n","post_title":"CryptoCom Is The Main Sponsor Of The 2022 World Cup","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"crypto-com-is-the-main-sponsor-of-the-2022-world-cup","to_ping":"","pinged":"\nhttps:\/\/www.thedistributed.co\/crypto-com-arena-deal-sealed\/","post_modified":"2022-06-06 21:35:19","post_modified_gmt":"2022-06-06 11:35:19","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=4040","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};

1 76 77 78 79 80 85

Most Read

Subscribe To Our Newsletter

By subscribing, you agree with our privacy and terms.

Follow The Distributed

ADVERTISEMENT
\n

Will this NFT collection follow in the footsteps of his previous NFT collection and be abandoned, or will he stick by his word?<\/p>\n","post_title":"Floyd Mayweather Re-enters The World Of Crypto With \u2018Mayweverse\u2019 NFT Project","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"floyd-mayweather-re-enters-the-world-of-crypto-with-mayweverse-nft-project","to_ping":"","pinged":"","post_modified":"2022-03-24 23:37:53","post_modified_gmt":"2022-03-24 12:37:53","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=4089","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":4040,"post_author":"1","post_date":"2022-03-23 22:24:41","post_date_gmt":"2022-03-23 11:24:41","post_content":"\n

Crypto.com has announced<\/a> they are the official sponsor of the 2022 FIFA World Cup hosted in Qatar.<\/p>\n\n\n\n

As per their official announcement, Crypto.com will be the exclusive cryptocurrency trading platform sponsor of the event, benefitting from significant brand exposure both within and outside the stadiums.<\/p>\n\n\n\n

\nhttps:\/\/twitter.com\/cryptocom\/status\/1506424728818679808\n<\/div><\/figure>\n\n\n\n

\u201cCrypto.com has already demonstrated a commitment to supporting top-tier teams and leagues, major events and iconic venues across the world, and there is no platform bigger, or with a greater reach and cultural impact, than FIFA\u2019s global platform of football,\u201d<\/p>Kay Madati, FIFA\u2019s Chief Commercial Officer.<\/cite><\/blockquote>\n\n\n\n

In November of 2021, Crypto.com announced they bought the rights to the Staples Arena,<\/a> in a historic deal inked at US$700 million. Crypto.com has also\u00a0partnered with the Australian Football League<\/a>\u00a0in a $25 million deal, signed a $100-million sponsorship with Formula 1, and confirmed a $175 million sponsorship with the UFC.<\/p>\n\n\n\n

CEO and Co-Founder of Crypto.com Kris Marszalek believes that the sponsorship with the FIFA World Cup will \u201cdrive further awareness of Crypto.com globally.\u201d This is just one more addition to their expanding list of sponsorships worldwide.<\/p>\n","post_title":"CryptoCom Is The Main Sponsor Of The 2022 World Cup","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"crypto-com-is-the-main-sponsor-of-the-2022-world-cup","to_ping":"","pinged":"\nhttps:\/\/www.thedistributed.co\/crypto-com-arena-deal-sealed\/","post_modified":"2022-06-06 21:35:19","post_modified_gmt":"2022-06-06 11:35:19","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=4040","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};

1 76 77 78 79 80 85

Most Read

Subscribe To Our Newsletter

By subscribing, you agree with our privacy and terms.

Follow The Distributed

ADVERTISEMENT
\n

Coffezilla, known for calling out rug pulls and scams within the industry tweeted<\/a> his thoughts on the NFT project. He states \"Floyd Mayweather is frantically deleting evidence of his last NFT scam. He's getting roasted by the investors.\" <\/p>\n\n\n\n

Will this NFT collection follow in the footsteps of his previous NFT collection and be abandoned, or will he stick by his word?<\/p>\n","post_title":"Floyd Mayweather Re-enters The World Of Crypto With \u2018Mayweverse\u2019 NFT Project","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"floyd-mayweather-re-enters-the-world-of-crypto-with-mayweverse-nft-project","to_ping":"","pinged":"","post_modified":"2022-03-24 23:37:53","post_modified_gmt":"2022-03-24 12:37:53","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=4089","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":4040,"post_author":"1","post_date":"2022-03-23 22:24:41","post_date_gmt":"2022-03-23 11:24:41","post_content":"\n

Crypto.com has announced<\/a> they are the official sponsor of the 2022 FIFA World Cup hosted in Qatar.<\/p>\n\n\n\n

As per their official announcement, Crypto.com will be the exclusive cryptocurrency trading platform sponsor of the event, benefitting from significant brand exposure both within and outside the stadiums.<\/p>\n\n\n\n

\nhttps:\/\/twitter.com\/cryptocom\/status\/1506424728818679808\n<\/div><\/figure>\n\n\n\n

\u201cCrypto.com has already demonstrated a commitment to supporting top-tier teams and leagues, major events and iconic venues across the world, and there is no platform bigger, or with a greater reach and cultural impact, than FIFA\u2019s global platform of football,\u201d<\/p>Kay Madati, FIFA\u2019s Chief Commercial Officer.<\/cite><\/blockquote>\n\n\n\n

In November of 2021, Crypto.com announced they bought the rights to the Staples Arena,<\/a> in a historic deal inked at US$700 million. Crypto.com has also\u00a0partnered with the Australian Football League<\/a>\u00a0in a $25 million deal, signed a $100-million sponsorship with Formula 1, and confirmed a $175 million sponsorship with the UFC.<\/p>\n\n\n\n

CEO and Co-Founder of Crypto.com Kris Marszalek believes that the sponsorship with the FIFA World Cup will \u201cdrive further awareness of Crypto.com globally.\u201d This is just one more addition to their expanding list of sponsorships worldwide.<\/p>\n","post_title":"CryptoCom Is The Main Sponsor Of The 2022 World Cup","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"crypto-com-is-the-main-sponsor-of-the-2022-world-cup","to_ping":"","pinged":"\nhttps:\/\/www.thedistributed.co\/crypto-com-arena-deal-sealed\/","post_modified":"2022-06-06 21:35:19","post_modified_gmt":"2022-06-06 11:35:19","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=4040","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};

1 76 77 78 79 80 85

Most Read

Subscribe To Our Newsletter

By subscribing, you agree with our privacy and terms.

Follow The Distributed

ADVERTISEMENT
\n

Users were quick to call his bluff<\/a>. Floyd states that he has been working on this for months, although the twitter handle @mayweverse<\/a> was created this month. <\/p>\n\n\n\n

Coffezilla, known for calling out rug pulls and scams within the industry tweeted<\/a> his thoughts on the NFT project. He states \"Floyd Mayweather is frantically deleting evidence of his last NFT scam. He's getting roasted by the investors.\" <\/p>\n\n\n\n

Will this NFT collection follow in the footsteps of his previous NFT collection and be abandoned, or will he stick by his word?<\/p>\n","post_title":"Floyd Mayweather Re-enters The World Of Crypto With \u2018Mayweverse\u2019 NFT Project","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"floyd-mayweather-re-enters-the-world-of-crypto-with-mayweverse-nft-project","to_ping":"","pinged":"","post_modified":"2022-03-24 23:37:53","post_modified_gmt":"2022-03-24 12:37:53","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=4089","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":4040,"post_author":"1","post_date":"2022-03-23 22:24:41","post_date_gmt":"2022-03-23 11:24:41","post_content":"\n

Crypto.com has announced<\/a> they are the official sponsor of the 2022 FIFA World Cup hosted in Qatar.<\/p>\n\n\n\n

As per their official announcement, Crypto.com will be the exclusive cryptocurrency trading platform sponsor of the event, benefitting from significant brand exposure both within and outside the stadiums.<\/p>\n\n\n\n

\nhttps:\/\/twitter.com\/cryptocom\/status\/1506424728818679808\n<\/div><\/figure>\n\n\n\n

\u201cCrypto.com has already demonstrated a commitment to supporting top-tier teams and leagues, major events and iconic venues across the world, and there is no platform bigger, or with a greater reach and cultural impact, than FIFA\u2019s global platform of football,\u201d<\/p>Kay Madati, FIFA\u2019s Chief Commercial Officer.<\/cite><\/blockquote>\n\n\n\n

In November of 2021, Crypto.com announced they bought the rights to the Staples Arena,<\/a> in a historic deal inked at US$700 million. Crypto.com has also\u00a0partnered with the Australian Football League<\/a>\u00a0in a $25 million deal, signed a $100-million sponsorship with Formula 1, and confirmed a $175 million sponsorship with the UFC.<\/p>\n\n\n\n

CEO and Co-Founder of Crypto.com Kris Marszalek believes that the sponsorship with the FIFA World Cup will \u201cdrive further awareness of Crypto.com globally.\u201d This is just one more addition to their expanding list of sponsorships worldwide.<\/p>\n","post_title":"CryptoCom Is The Main Sponsor Of The 2022 World Cup","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"crypto-com-is-the-main-sponsor-of-the-2022-world-cup","to_ping":"","pinged":"\nhttps:\/\/www.thedistributed.co\/crypto-com-arena-deal-sealed\/","post_modified":"2022-06-06 21:35:19","post_modified_gmt":"2022-06-06 11:35:19","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=4040","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};

1 76 77 78 79 80 85

Most Read

Subscribe To Our Newsletter

By subscribing, you agree with our privacy and terms.

Follow The Distributed

ADVERTISEMENT
\n
\nhttps:\/\/twitter.com\/Berke_eth\/status\/1506051809542037506\n<\/div><\/figure>\n\n\n\n

Users were quick to call his bluff<\/a>. Floyd states that he has been working on this for months, although the twitter handle @mayweverse<\/a> was created this month. <\/p>\n\n\n\n

Coffezilla, known for calling out rug pulls and scams within the industry tweeted<\/a> his thoughts on the NFT project. He states \"Floyd Mayweather is frantically deleting evidence of his last NFT scam. He's getting roasted by the investors.\" <\/p>\n\n\n\n

Will this NFT collection follow in the footsteps of his previous NFT collection and be abandoned, or will he stick by his word?<\/p>\n","post_title":"Floyd Mayweather Re-enters The World Of Crypto With \u2018Mayweverse\u2019 NFT Project","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"floyd-mayweather-re-enters-the-world-of-crypto-with-mayweverse-nft-project","to_ping":"","pinged":"","post_modified":"2022-03-24 23:37:53","post_modified_gmt":"2022-03-24 12:37:53","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=4089","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":4040,"post_author":"1","post_date":"2022-03-23 22:24:41","post_date_gmt":"2022-03-23 11:24:41","post_content":"\n

Crypto.com has announced<\/a> they are the official sponsor of the 2022 FIFA World Cup hosted in Qatar.<\/p>\n\n\n\n

As per their official announcement, Crypto.com will be the exclusive cryptocurrency trading platform sponsor of the event, benefitting from significant brand exposure both within and outside the stadiums.<\/p>\n\n\n\n

\nhttps:\/\/twitter.com\/cryptocom\/status\/1506424728818679808\n<\/div><\/figure>\n\n\n\n

\u201cCrypto.com has already demonstrated a commitment to supporting top-tier teams and leagues, major events and iconic venues across the world, and there is no platform bigger, or with a greater reach and cultural impact, than FIFA\u2019s global platform of football,\u201d<\/p>Kay Madati, FIFA\u2019s Chief Commercial Officer.<\/cite><\/blockquote>\n\n\n\n

In November of 2021, Crypto.com announced they bought the rights to the Staples Arena,<\/a> in a historic deal inked at US$700 million. Crypto.com has also\u00a0partnered with the Australian Football League<\/a>\u00a0in a $25 million deal, signed a $100-million sponsorship with Formula 1, and confirmed a $175 million sponsorship with the UFC.<\/p>\n\n\n\n

CEO and Co-Founder of Crypto.com Kris Marszalek believes that the sponsorship with the FIFA World Cup will \u201cdrive further awareness of Crypto.com globally.\u201d This is just one more addition to their expanding list of sponsorships worldwide.<\/p>\n","post_title":"CryptoCom Is The Main Sponsor Of The 2022 World Cup","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"crypto-com-is-the-main-sponsor-of-the-2022-world-cup","to_ping":"","pinged":"\nhttps:\/\/www.thedistributed.co\/crypto-com-arena-deal-sealed\/","post_modified":"2022-06-06 21:35:19","post_modified_gmt":"2022-06-06 11:35:19","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=4040","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};

1 76 77 78 79 80 85

Most Read

Subscribe To Our Newsletter

By subscribing, you agree with our privacy and terms.

Follow The Distributed

ADVERTISEMENT
\n

Despite how good it may sounds, Twitter users were quick to criticize. Floyd was reminded<\/a> of his previous NFT project<\/a>, which made him nearly US$5 million and is now worthless. \u201cYou already have an NFT project, it\u2019s called @RealFloydNFT. You released it last year and then stopped working on it immediately after. Have you been punched in the head so much that you\u2019re forgetting these things now?\u201d<\/p>\n\n\n\n

\nhttps:\/\/twitter.com\/Berke_eth\/status\/1506051809542037506\n<\/div><\/figure>\n\n\n\n

Users were quick to call his bluff<\/a>. Floyd states that he has been working on this for months, although the twitter handle @mayweverse<\/a> was created this month. <\/p>\n\n\n\n

Coffezilla, known for calling out rug pulls and scams within the industry tweeted<\/a> his thoughts on the NFT project. He states \"Floyd Mayweather is frantically deleting evidence of his last NFT scam. He's getting roasted by the investors.\" <\/p>\n\n\n\n

Will this NFT collection follow in the footsteps of his previous NFT collection and be abandoned, or will he stick by his word?<\/p>\n","post_title":"Floyd Mayweather Re-enters The World Of Crypto With \u2018Mayweverse\u2019 NFT Project","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"floyd-mayweather-re-enters-the-world-of-crypto-with-mayweverse-nft-project","to_ping":"","pinged":"","post_modified":"2022-03-24 23:37:53","post_modified_gmt":"2022-03-24 12:37:53","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=4089","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":4040,"post_author":"1","post_date":"2022-03-23 22:24:41","post_date_gmt":"2022-03-23 11:24:41","post_content":"\n

Crypto.com has announced<\/a> they are the official sponsor of the 2022 FIFA World Cup hosted in Qatar.<\/p>\n\n\n\n

As per their official announcement, Crypto.com will be the exclusive cryptocurrency trading platform sponsor of the event, benefitting from significant brand exposure both within and outside the stadiums.<\/p>\n\n\n\n

\nhttps:\/\/twitter.com\/cryptocom\/status\/1506424728818679808\n<\/div><\/figure>\n\n\n\n

\u201cCrypto.com has already demonstrated a commitment to supporting top-tier teams and leagues, major events and iconic venues across the world, and there is no platform bigger, or with a greater reach and cultural impact, than FIFA\u2019s global platform of football,\u201d<\/p>Kay Madati, FIFA\u2019s Chief Commercial Officer.<\/cite><\/blockquote>\n\n\n\n

In November of 2021, Crypto.com announced they bought the rights to the Staples Arena,<\/a> in a historic deal inked at US$700 million. Crypto.com has also\u00a0partnered with the Australian Football League<\/a>\u00a0in a $25 million deal, signed a $100-million sponsorship with Formula 1, and confirmed a $175 million sponsorship with the UFC.<\/p>\n\n\n\n

CEO and Co-Founder of Crypto.com Kris Marszalek believes that the sponsorship with the FIFA World Cup will \u201cdrive further awareness of Crypto.com globally.\u201d This is just one more addition to their expanding list of sponsorships worldwide.<\/p>\n","post_title":"CryptoCom Is The Main Sponsor Of The 2022 World Cup","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"crypto-com-is-the-main-sponsor-of-the-2022-world-cup","to_ping":"","pinged":"\nhttps:\/\/www.thedistributed.co\/crypto-com-arena-deal-sealed\/","post_modified":"2022-06-06 21:35:19","post_modified_gmt":"2022-06-06 11:35:19","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=4040","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};

1 76 77 78 79 80 85

Most Read

Subscribe To Our Newsletter

By subscribing, you agree with our privacy and terms.

Follow The Distributed

ADVERTISEMENT
\n

The project will consist of 5 different NFTs, each NFT will have 1000 copies available to mint. Every card has its own rarity, utility, and prizes. <\/p>\n\n\n\n

Despite how good it may sounds, Twitter users were quick to criticize. Floyd was reminded<\/a> of his previous NFT project<\/a>, which made him nearly US$5 million and is now worthless. \u201cYou already have an NFT project, it\u2019s called @RealFloydNFT. You released it last year and then stopped working on it immediately after. Have you been punched in the head so much that you\u2019re forgetting these things now?\u201d<\/p>\n\n\n\n

\nhttps:\/\/twitter.com\/Berke_eth\/status\/1506051809542037506\n<\/div><\/figure>\n\n\n\n

Users were quick to call his bluff<\/a>. Floyd states that he has been working on this for months, although the twitter handle @mayweverse<\/a> was created this month. <\/p>\n\n\n\n

Coffezilla, known for calling out rug pulls and scams within the industry tweeted<\/a> his thoughts on the NFT project. He states \"Floyd Mayweather is frantically deleting evidence of his last NFT scam. He's getting roasted by the investors.\" <\/p>\n\n\n\n

Will this NFT collection follow in the footsteps of his previous NFT collection and be abandoned, or will he stick by his word?<\/p>\n","post_title":"Floyd Mayweather Re-enters The World Of Crypto With \u2018Mayweverse\u2019 NFT Project","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"floyd-mayweather-re-enters-the-world-of-crypto-with-mayweverse-nft-project","to_ping":"","pinged":"","post_modified":"2022-03-24 23:37:53","post_modified_gmt":"2022-03-24 12:37:53","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=4089","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":4040,"post_author":"1","post_date":"2022-03-23 22:24:41","post_date_gmt":"2022-03-23 11:24:41","post_content":"\n

Crypto.com has announced<\/a> they are the official sponsor of the 2022 FIFA World Cup hosted in Qatar.<\/p>\n\n\n\n

As per their official announcement, Crypto.com will be the exclusive cryptocurrency trading platform sponsor of the event, benefitting from significant brand exposure both within and outside the stadiums.<\/p>\n\n\n\n

\nhttps:\/\/twitter.com\/cryptocom\/status\/1506424728818679808\n<\/div><\/figure>\n\n\n\n

\u201cCrypto.com has already demonstrated a commitment to supporting top-tier teams and leagues, major events and iconic venues across the world, and there is no platform bigger, or with a greater reach and cultural impact, than FIFA\u2019s global platform of football,\u201d<\/p>Kay Madati, FIFA\u2019s Chief Commercial Officer.<\/cite><\/blockquote>\n\n\n\n

In November of 2021, Crypto.com announced they bought the rights to the Staples Arena,<\/a> in a historic deal inked at US$700 million. Crypto.com has also\u00a0partnered with the Australian Football League<\/a>\u00a0in a $25 million deal, signed a $100-million sponsorship with Formula 1, and confirmed a $175 million sponsorship with the UFC.<\/p>\n\n\n\n

CEO and Co-Founder of Crypto.com Kris Marszalek believes that the sponsorship with the FIFA World Cup will \u201cdrive further awareness of Crypto.com globally.\u201d This is just one more addition to their expanding list of sponsorships worldwide.<\/p>\n","post_title":"CryptoCom Is The Main Sponsor Of The 2022 World Cup","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"crypto-com-is-the-main-sponsor-of-the-2022-world-cup","to_ping":"","pinged":"\nhttps:\/\/www.thedistributed.co\/crypto-com-arena-deal-sealed\/","post_modified":"2022-06-06 21:35:19","post_modified_gmt":"2022-06-06 11:35:19","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=4040","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};

1 76 77 78 79 80 85

Most Read

Subscribe To Our Newsletter

By subscribing, you agree with our privacy and terms.

Follow The Distributed

ADVERTISEMENT
\n

Floyd \u2019Money\u2019 Mayweather has re-entered the world of cryptocurrency with the announcement of his 2nd NFT project, dubbed Mayweverse. <\/p>\n\n\n\n

The project will consist of 5 different NFTs, each NFT will have 1000 copies available to mint. Every card has its own rarity, utility, and prizes. <\/p>\n\n\n\n

Despite how good it may sounds, Twitter users were quick to criticize. Floyd was reminded<\/a> of his previous NFT project<\/a>, which made him nearly US$5 million and is now worthless. \u201cYou already have an NFT project, it\u2019s called @RealFloydNFT. You released it last year and then stopped working on it immediately after. Have you been punched in the head so much that you\u2019re forgetting these things now?\u201d<\/p>\n\n\n\n

\nhttps:\/\/twitter.com\/Berke_eth\/status\/1506051809542037506\n<\/div><\/figure>\n\n\n\n

Users were quick to call his bluff<\/a>. Floyd states that he has been working on this for months, although the twitter handle @mayweverse<\/a> was created this month. <\/p>\n\n\n\n

Coffezilla, known for calling out rug pulls and scams within the industry tweeted<\/a> his thoughts on the NFT project. He states \"Floyd Mayweather is frantically deleting evidence of his last NFT scam. He's getting roasted by the investors.\" <\/p>\n\n\n\n

Will this NFT collection follow in the footsteps of his previous NFT collection and be abandoned, or will he stick by his word?<\/p>\n","post_title":"Floyd Mayweather Re-enters The World Of Crypto With \u2018Mayweverse\u2019 NFT Project","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"floyd-mayweather-re-enters-the-world-of-crypto-with-mayweverse-nft-project","to_ping":"","pinged":"","post_modified":"2022-03-24 23:37:53","post_modified_gmt":"2022-03-24 12:37:53","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=4089","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":4040,"post_author":"1","post_date":"2022-03-23 22:24:41","post_date_gmt":"2022-03-23 11:24:41","post_content":"\n

Crypto.com has announced<\/a> they are the official sponsor of the 2022 FIFA World Cup hosted in Qatar.<\/p>\n\n\n\n

As per their official announcement, Crypto.com will be the exclusive cryptocurrency trading platform sponsor of the event, benefitting from significant brand exposure both within and outside the stadiums.<\/p>\n\n\n\n

\nhttps:\/\/twitter.com\/cryptocom\/status\/1506424728818679808\n<\/div><\/figure>\n\n\n\n

\u201cCrypto.com has already demonstrated a commitment to supporting top-tier teams and leagues, major events and iconic venues across the world, and there is no platform bigger, or with a greater reach and cultural impact, than FIFA\u2019s global platform of football,\u201d<\/p>Kay Madati, FIFA\u2019s Chief Commercial Officer.<\/cite><\/blockquote>\n\n\n\n

In November of 2021, Crypto.com announced they bought the rights to the Staples Arena,<\/a> in a historic deal inked at US$700 million. Crypto.com has also\u00a0partnered with the Australian Football League<\/a>\u00a0in a $25 million deal, signed a $100-million sponsorship with Formula 1, and confirmed a $175 million sponsorship with the UFC.<\/p>\n\n\n\n

CEO and Co-Founder of Crypto.com Kris Marszalek believes that the sponsorship with the FIFA World Cup will \u201cdrive further awareness of Crypto.com globally.\u201d This is just one more addition to their expanding list of sponsorships worldwide.<\/p>\n","post_title":"CryptoCom Is The Main Sponsor Of The 2022 World Cup","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"crypto-com-is-the-main-sponsor-of-the-2022-world-cup","to_ping":"","pinged":"\nhttps:\/\/www.thedistributed.co\/crypto-com-arena-deal-sealed\/","post_modified":"2022-06-06 21:35:19","post_modified_gmt":"2022-06-06 11:35:19","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=4040","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};

1 76 77 78 79 80 85

Most Read

Subscribe To Our Newsletter

By subscribing, you agree with our privacy and terms.

Follow The Distributed

ADVERTISEMENT
\n

The other company in the mix, GameStop also had a huge day seeing a 14.5% gain to $141 in GME<\/a> stocks. Over 24 million GME shares were traded today alone. <\/p>\n","post_title":"GameStop NFT Marketplace Has Entered Beta, Integrated With Loopring","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"gamestop-nft-marketplace-has-entered-beta-integrated-with-loopring","to_ping":"","pinged":"","post_modified":"2022-03-24 23:37:42","post_modified_gmt":"2022-03-24 12:37:42","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=4087","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":4089,"post_author":"1","post_date":"2022-03-24 22:46:11","post_date_gmt":"2022-03-24 11:46:11","post_content":"\n

Floyd \u2019Money\u2019 Mayweather has re-entered the world of cryptocurrency with the announcement of his 2nd NFT project, dubbed Mayweverse. <\/p>\n\n\n\n

The project will consist of 5 different NFTs, each NFT will have 1000 copies available to mint. Every card has its own rarity, utility, and prizes. <\/p>\n\n\n\n

Despite how good it may sounds, Twitter users were quick to criticize. Floyd was reminded<\/a> of his previous NFT project<\/a>, which made him nearly US$5 million and is now worthless. \u201cYou already have an NFT project, it\u2019s called @RealFloydNFT. You released it last year and then stopped working on it immediately after. Have you been punched in the head so much that you\u2019re forgetting these things now?\u201d<\/p>\n\n\n\n

\nhttps:\/\/twitter.com\/Berke_eth\/status\/1506051809542037506\n<\/div><\/figure>\n\n\n\n

Users were quick to call his bluff<\/a>. Floyd states that he has been working on this for months, although the twitter handle @mayweverse<\/a> was created this month. <\/p>\n\n\n\n

Coffezilla, known for calling out rug pulls and scams within the industry tweeted<\/a> his thoughts on the NFT project. He states \"Floyd Mayweather is frantically deleting evidence of his last NFT scam. He's getting roasted by the investors.\" <\/p>\n\n\n\n

Will this NFT collection follow in the footsteps of his previous NFT collection and be abandoned, or will he stick by his word?<\/p>\n","post_title":"Floyd Mayweather Re-enters The World Of Crypto With \u2018Mayweverse\u2019 NFT Project","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"floyd-mayweather-re-enters-the-world-of-crypto-with-mayweverse-nft-project","to_ping":"","pinged":"","post_modified":"2022-03-24 23:37:53","post_modified_gmt":"2022-03-24 12:37:53","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=4089","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":4040,"post_author":"1","post_date":"2022-03-23 22:24:41","post_date_gmt":"2022-03-23 11:24:41","post_content":"\n

Crypto.com has announced<\/a> they are the official sponsor of the 2022 FIFA World Cup hosted in Qatar.<\/p>\n\n\n\n

As per their official announcement, Crypto.com will be the exclusive cryptocurrency trading platform sponsor of the event, benefitting from significant brand exposure both within and outside the stadiums.<\/p>\n\n\n\n

\nhttps:\/\/twitter.com\/cryptocom\/status\/1506424728818679808\n<\/div><\/figure>\n\n\n\n

\u201cCrypto.com has already demonstrated a commitment to supporting top-tier teams and leagues, major events and iconic venues across the world, and there is no platform bigger, or with a greater reach and cultural impact, than FIFA\u2019s global platform of football,\u201d<\/p>Kay Madati, FIFA\u2019s Chief Commercial Officer.<\/cite><\/blockquote>\n\n\n\n

In November of 2021, Crypto.com announced they bought the rights to the Staples Arena,<\/a> in a historic deal inked at US$700 million. Crypto.com has also\u00a0partnered with the Australian Football League<\/a>\u00a0in a $25 million deal, signed a $100-million sponsorship with Formula 1, and confirmed a $175 million sponsorship with the UFC.<\/p>\n\n\n\n

CEO and Co-Founder of Crypto.com Kris Marszalek believes that the sponsorship with the FIFA World Cup will \u201cdrive further awareness of Crypto.com globally.\u201d This is just one more addition to their expanding list of sponsorships worldwide.<\/p>\n","post_title":"CryptoCom Is The Main Sponsor Of The 2022 World Cup","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"crypto-com-is-the-main-sponsor-of-the-2022-world-cup","to_ping":"","pinged":"\nhttps:\/\/www.thedistributed.co\/crypto-com-arena-deal-sealed\/","post_modified":"2022-06-06 21:35:19","post_modified_gmt":"2022-06-06 11:35:19","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=4040","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};

1 76 77 78 79 80 85

Most Read

Subscribe To Our Newsletter

By subscribing, you agree with our privacy and terms.

Follow The Distributed

ADVERTISEMENT
\n

$IMX<\/a>, the token on the Immutable X blockchain is down 8.9% in the past 24 hours, trading at $2.19, according to data from CoinMarketCap.<\/p>\n\n\n\n

The other company in the mix, GameStop also had a huge day seeing a 14.5% gain to $141 in GME<\/a> stocks. Over 24 million GME shares were traded today alone. <\/p>\n","post_title":"GameStop NFT Marketplace Has Entered Beta, Integrated With Loopring","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"gamestop-nft-marketplace-has-entered-beta-integrated-with-loopring","to_ping":"","pinged":"","post_modified":"2022-03-24 23:37:42","post_modified_gmt":"2022-03-24 12:37:42","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=4087","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":4089,"post_author":"1","post_date":"2022-03-24 22:46:11","post_date_gmt":"2022-03-24 11:46:11","post_content":"\n

Floyd \u2019Money\u2019 Mayweather has re-entered the world of cryptocurrency with the announcement of his 2nd NFT project, dubbed Mayweverse. <\/p>\n\n\n\n

The project will consist of 5 different NFTs, each NFT will have 1000 copies available to mint. Every card has its own rarity, utility, and prizes. <\/p>\n\n\n\n

Despite how good it may sounds, Twitter users were quick to criticize. Floyd was reminded<\/a> of his previous NFT project<\/a>, which made him nearly US$5 million and is now worthless. \u201cYou already have an NFT project, it\u2019s called @RealFloydNFT. You released it last year and then stopped working on it immediately after. Have you been punched in the head so much that you\u2019re forgetting these things now?\u201d<\/p>\n\n\n\n

\nhttps:\/\/twitter.com\/Berke_eth\/status\/1506051809542037506\n<\/div><\/figure>\n\n\n\n

Users were quick to call his bluff<\/a>. Floyd states that he has been working on this for months, although the twitter handle @mayweverse<\/a> was created this month. <\/p>\n\n\n\n

Coffezilla, known for calling out rug pulls and scams within the industry tweeted<\/a> his thoughts on the NFT project. He states \"Floyd Mayweather is frantically deleting evidence of his last NFT scam. He's getting roasted by the investors.\" <\/p>\n\n\n\n

Will this NFT collection follow in the footsteps of his previous NFT collection and be abandoned, or will he stick by his word?<\/p>\n","post_title":"Floyd Mayweather Re-enters The World Of Crypto With \u2018Mayweverse\u2019 NFT Project","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"floyd-mayweather-re-enters-the-world-of-crypto-with-mayweverse-nft-project","to_ping":"","pinged":"","post_modified":"2022-03-24 23:37:53","post_modified_gmt":"2022-03-24 12:37:53","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=4089","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":4040,"post_author":"1","post_date":"2022-03-23 22:24:41","post_date_gmt":"2022-03-23 11:24:41","post_content":"\n

Crypto.com has announced<\/a> they are the official sponsor of the 2022 FIFA World Cup hosted in Qatar.<\/p>\n\n\n\n

As per their official announcement, Crypto.com will be the exclusive cryptocurrency trading platform sponsor of the event, benefitting from significant brand exposure both within and outside the stadiums.<\/p>\n\n\n\n

\nhttps:\/\/twitter.com\/cryptocom\/status\/1506424728818679808\n<\/div><\/figure>\n\n\n\n

\u201cCrypto.com has already demonstrated a commitment to supporting top-tier teams and leagues, major events and iconic venues across the world, and there is no platform bigger, or with a greater reach and cultural impact, than FIFA\u2019s global platform of football,\u201d<\/p>Kay Madati, FIFA\u2019s Chief Commercial Officer.<\/cite><\/blockquote>\n\n\n\n

In November of 2021, Crypto.com announced they bought the rights to the Staples Arena,<\/a> in a historic deal inked at US$700 million. Crypto.com has also\u00a0partnered with the Australian Football League<\/a>\u00a0in a $25 million deal, signed a $100-million sponsorship with Formula 1, and confirmed a $175 million sponsorship with the UFC.<\/p>\n\n\n\n

CEO and Co-Founder of Crypto.com Kris Marszalek believes that the sponsorship with the FIFA World Cup will \u201cdrive further awareness of Crypto.com globally.\u201d This is just one more addition to their expanding list of sponsorships worldwide.<\/p>\n","post_title":"CryptoCom Is The Main Sponsor Of The 2022 World Cup","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"crypto-com-is-the-main-sponsor-of-the-2022-world-cup","to_ping":"","pinged":"\nhttps:\/\/www.thedistributed.co\/crypto-com-arena-deal-sealed\/","post_modified":"2022-06-06 21:35:19","post_modified_gmt":"2022-06-06 11:35:19","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=4040","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};

1 76 77 78 79 80 85

Most Read

Subscribe To Our Newsletter

By subscribing, you agree with our privacy and terms.

Follow The Distributed

ADVERTISEMENT
\n

Since the announcement, $LRC<\/a>, the native token of Layer 2 blockchain<\/a> Loopring has soared over 35% to a high of $1.21. Although it is now trading steadily at $1.09. Loopring is currently sitting at a market cap of US$1.46 billion, according to data from CoinMarketCap.<\/p>\n\n\n\n

$IMX<\/a>, the token on the Immutable X blockchain is down 8.9% in the past 24 hours, trading at $2.19, according to data from CoinMarketCap.<\/p>\n\n\n\n

The other company in the mix, GameStop also had a huge day seeing a 14.5% gain to $141 in GME<\/a> stocks. Over 24 million GME shares were traded today alone. <\/p>\n","post_title":"GameStop NFT Marketplace Has Entered Beta, Integrated With Loopring","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"gamestop-nft-marketplace-has-entered-beta-integrated-with-loopring","to_ping":"","pinged":"","post_modified":"2022-03-24 23:37:42","post_modified_gmt":"2022-03-24 12:37:42","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=4087","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":4089,"post_author":"1","post_date":"2022-03-24 22:46:11","post_date_gmt":"2022-03-24 11:46:11","post_content":"\n

Floyd \u2019Money\u2019 Mayweather has re-entered the world of cryptocurrency with the announcement of his 2nd NFT project, dubbed Mayweverse. <\/p>\n\n\n\n

The project will consist of 5 different NFTs, each NFT will have 1000 copies available to mint. Every card has its own rarity, utility, and prizes. <\/p>\n\n\n\n

Despite how good it may sounds, Twitter users were quick to criticize. Floyd was reminded<\/a> of his previous NFT project<\/a>, which made him nearly US$5 million and is now worthless. \u201cYou already have an NFT project, it\u2019s called @RealFloydNFT. You released it last year and then stopped working on it immediately after. Have you been punched in the head so much that you\u2019re forgetting these things now?\u201d<\/p>\n\n\n\n

\nhttps:\/\/twitter.com\/Berke_eth\/status\/1506051809542037506\n<\/div><\/figure>\n\n\n\n

Users were quick to call his bluff<\/a>. Floyd states that he has been working on this for months, although the twitter handle @mayweverse<\/a> was created this month. <\/p>\n\n\n\n

Coffezilla, known for calling out rug pulls and scams within the industry tweeted<\/a> his thoughts on the NFT project. He states \"Floyd Mayweather is frantically deleting evidence of his last NFT scam. He's getting roasted by the investors.\" <\/p>\n\n\n\n

Will this NFT collection follow in the footsteps of his previous NFT collection and be abandoned, or will he stick by his word?<\/p>\n","post_title":"Floyd Mayweather Re-enters The World Of Crypto With \u2018Mayweverse\u2019 NFT Project","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"floyd-mayweather-re-enters-the-world-of-crypto-with-mayweverse-nft-project","to_ping":"","pinged":"","post_modified":"2022-03-24 23:37:53","post_modified_gmt":"2022-03-24 12:37:53","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=4089","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":4040,"post_author":"1","post_date":"2022-03-23 22:24:41","post_date_gmt":"2022-03-23 11:24:41","post_content":"\n

Crypto.com has announced<\/a> they are the official sponsor of the 2022 FIFA World Cup hosted in Qatar.<\/p>\n\n\n\n

As per their official announcement, Crypto.com will be the exclusive cryptocurrency trading platform sponsor of the event, benefitting from significant brand exposure both within and outside the stadiums.<\/p>\n\n\n\n

\nhttps:\/\/twitter.com\/cryptocom\/status\/1506424728818679808\n<\/div><\/figure>\n\n\n\n

\u201cCrypto.com has already demonstrated a commitment to supporting top-tier teams and leagues, major events and iconic venues across the world, and there is no platform bigger, or with a greater reach and cultural impact, than FIFA\u2019s global platform of football,\u201d<\/p>Kay Madati, FIFA\u2019s Chief Commercial Officer.<\/cite><\/blockquote>\n\n\n\n

In November of 2021, Crypto.com announced they bought the rights to the Staples Arena,<\/a> in a historic deal inked at US$700 million. Crypto.com has also\u00a0partnered with the Australian Football League<\/a>\u00a0in a $25 million deal, signed a $100-million sponsorship with Formula 1, and confirmed a $175 million sponsorship with the UFC.<\/p>\n\n\n\n

CEO and Co-Founder of Crypto.com Kris Marszalek believes that the sponsorship with the FIFA World Cup will \u201cdrive further awareness of Crypto.com globally.\u201d This is just one more addition to their expanding list of sponsorships worldwide.<\/p>\n","post_title":"CryptoCom Is The Main Sponsor Of The 2022 World Cup","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"crypto-com-is-the-main-sponsor-of-the-2022-world-cup","to_ping":"","pinged":"\nhttps:\/\/www.thedistributed.co\/crypto-com-arena-deal-sealed\/","post_modified":"2022-06-06 21:35:19","post_modified_gmt":"2022-06-06 11:35:19","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=4040","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};

1 76 77 78 79 80 85

Most Read

Subscribe To Our Newsletter

By subscribing, you agree with our privacy and terms.

Follow The Distributed

ADVERTISEMENT
\n
\nhttps:\/\/twitter.com\/Immutable\/status\/1506596126677295108\n<\/div><\/figure>\n\n\n\n

Since the announcement, $LRC<\/a>, the native token of Layer 2 blockchain<\/a> Loopring has soared over 35% to a high of $1.21. Although it is now trading steadily at $1.09. Loopring is currently sitting at a market cap of US$1.46 billion, according to data from CoinMarketCap.<\/p>\n\n\n\n

$IMX<\/a>, the token on the Immutable X blockchain is down 8.9% in the past 24 hours, trading at $2.19, according to data from CoinMarketCap.<\/p>\n\n\n\n

The other company in the mix, GameStop also had a huge day seeing a 14.5% gain to $141 in GME<\/a> stocks. Over 24 million GME shares were traded today alone. <\/p>\n","post_title":"GameStop NFT Marketplace Has Entered Beta, Integrated With Loopring","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"gamestop-nft-marketplace-has-entered-beta-integrated-with-loopring","to_ping":"","pinged":"","post_modified":"2022-03-24 23:37:42","post_modified_gmt":"2022-03-24 12:37:42","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=4087","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":4089,"post_author":"1","post_date":"2022-03-24 22:46:11","post_date_gmt":"2022-03-24 11:46:11","post_content":"\n

Floyd \u2019Money\u2019 Mayweather has re-entered the world of cryptocurrency with the announcement of his 2nd NFT project, dubbed Mayweverse. <\/p>\n\n\n\n

The project will consist of 5 different NFTs, each NFT will have 1000 copies available to mint. Every card has its own rarity, utility, and prizes. <\/p>\n\n\n\n

Despite how good it may sounds, Twitter users were quick to criticize. Floyd was reminded<\/a> of his previous NFT project<\/a>, which made him nearly US$5 million and is now worthless. \u201cYou already have an NFT project, it\u2019s called @RealFloydNFT. You released it last year and then stopped working on it immediately after. Have you been punched in the head so much that you\u2019re forgetting these things now?\u201d<\/p>\n\n\n\n

\nhttps:\/\/twitter.com\/Berke_eth\/status\/1506051809542037506\n<\/div><\/figure>\n\n\n\n

Users were quick to call his bluff<\/a>. Floyd states that he has been working on this for months, although the twitter handle @mayweverse<\/a> was created this month. <\/p>\n\n\n\n

Coffezilla, known for calling out rug pulls and scams within the industry tweeted<\/a> his thoughts on the NFT project. He states \"Floyd Mayweather is frantically deleting evidence of his last NFT scam. He's getting roasted by the investors.\" <\/p>\n\n\n\n

Will this NFT collection follow in the footsteps of his previous NFT collection and be abandoned, or will he stick by his word?<\/p>\n","post_title":"Floyd Mayweather Re-enters The World Of Crypto With \u2018Mayweverse\u2019 NFT Project","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"floyd-mayweather-re-enters-the-world-of-crypto-with-mayweverse-nft-project","to_ping":"","pinged":"","post_modified":"2022-03-24 23:37:53","post_modified_gmt":"2022-03-24 12:37:53","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=4089","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":4040,"post_author":"1","post_date":"2022-03-23 22:24:41","post_date_gmt":"2022-03-23 11:24:41","post_content":"\n

Crypto.com has announced<\/a> they are the official sponsor of the 2022 FIFA World Cup hosted in Qatar.<\/p>\n\n\n\n

As per their official announcement, Crypto.com will be the exclusive cryptocurrency trading platform sponsor of the event, benefitting from significant brand exposure both within and outside the stadiums.<\/p>\n\n\n\n

\nhttps:\/\/twitter.com\/cryptocom\/status\/1506424728818679808\n<\/div><\/figure>\n\n\n\n

\u201cCrypto.com has already demonstrated a commitment to supporting top-tier teams and leagues, major events and iconic venues across the world, and there is no platform bigger, or with a greater reach and cultural impact, than FIFA\u2019s global platform of football,\u201d<\/p>Kay Madati, FIFA\u2019s Chief Commercial Officer.<\/cite><\/blockquote>\n\n\n\n

In November of 2021, Crypto.com announced they bought the rights to the Staples Arena,<\/a> in a historic deal inked at US$700 million. Crypto.com has also\u00a0partnered with the Australian Football League<\/a>\u00a0in a $25 million deal, signed a $100-million sponsorship with Formula 1, and confirmed a $175 million sponsorship with the UFC.<\/p>\n\n\n\n

CEO and Co-Founder of Crypto.com Kris Marszalek believes that the sponsorship with the FIFA World Cup will \u201cdrive further awareness of Crypto.com globally.\u201d This is just one more addition to their expanding list of sponsorships worldwide.<\/p>\n","post_title":"CryptoCom Is The Main Sponsor Of The 2022 World Cup","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"crypto-com-is-the-main-sponsor-of-the-2022-world-cup","to_ping":"","pinged":"\nhttps:\/\/www.thedistributed.co\/crypto-com-arena-deal-sealed\/","post_modified":"2022-06-06 21:35:19","post_modified_gmt":"2022-06-06 11:35:19","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=4040","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};

1 76 77 78 79 80 85

Most Read

Subscribe To Our Newsletter

By subscribing, you agree with our privacy and terms.

Follow The Distributed

ADVERTISEMENT
\n

Immutable mentioned the Loopring integration \u201cwas not a surprise (and we welcome them!).\" The marketplace will act as an aggregator across NFT minting platforms. Although, it appears that Immutable X will receive the most focus on the marketplace being the \"preferred partner\".<\/p>\n\n\n\n

\nhttps:\/\/twitter.com\/Immutable\/status\/1506596126677295108\n<\/div><\/figure>\n\n\n\n

Since the announcement, $LRC<\/a>, the native token of Layer 2 blockchain<\/a> Loopring has soared over 35% to a high of $1.21. Although it is now trading steadily at $1.09. Loopring is currently sitting at a market cap of US$1.46 billion, according to data from CoinMarketCap.<\/p>\n\n\n\n

$IMX<\/a>, the token on the Immutable X blockchain is down 8.9% in the past 24 hours, trading at $2.19, according to data from CoinMarketCap.<\/p>\n\n\n\n

The other company in the mix, GameStop also had a huge day seeing a 14.5% gain to $141 in GME<\/a> stocks. Over 24 million GME shares were traded today alone. <\/p>\n","post_title":"GameStop NFT Marketplace Has Entered Beta, Integrated With Loopring","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"gamestop-nft-marketplace-has-entered-beta-integrated-with-loopring","to_ping":"","pinged":"","post_modified":"2022-03-24 23:37:42","post_modified_gmt":"2022-03-24 12:37:42","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=4087","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":4089,"post_author":"1","post_date":"2022-03-24 22:46:11","post_date_gmt":"2022-03-24 11:46:11","post_content":"\n

Floyd \u2019Money\u2019 Mayweather has re-entered the world of cryptocurrency with the announcement of his 2nd NFT project, dubbed Mayweverse. <\/p>\n\n\n\n

The project will consist of 5 different NFTs, each NFT will have 1000 copies available to mint. Every card has its own rarity, utility, and prizes. <\/p>\n\n\n\n

Despite how good it may sounds, Twitter users were quick to criticize. Floyd was reminded<\/a> of his previous NFT project<\/a>, which made him nearly US$5 million and is now worthless. \u201cYou already have an NFT project, it\u2019s called @RealFloydNFT. You released it last year and then stopped working on it immediately after. Have you been punched in the head so much that you\u2019re forgetting these things now?\u201d<\/p>\n\n\n\n

\nhttps:\/\/twitter.com\/Berke_eth\/status\/1506051809542037506\n<\/div><\/figure>\n\n\n\n

Users were quick to call his bluff<\/a>. Floyd states that he has been working on this for months, although the twitter handle @mayweverse<\/a> was created this month. <\/p>\n\n\n\n

Coffezilla, known for calling out rug pulls and scams within the industry tweeted<\/a> his thoughts on the NFT project. He states \"Floyd Mayweather is frantically deleting evidence of his last NFT scam. He's getting roasted by the investors.\" <\/p>\n\n\n\n

Will this NFT collection follow in the footsteps of his previous NFT collection and be abandoned, or will he stick by his word?<\/p>\n","post_title":"Floyd Mayweather Re-enters The World Of Crypto With \u2018Mayweverse\u2019 NFT Project","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"floyd-mayweather-re-enters-the-world-of-crypto-with-mayweverse-nft-project","to_ping":"","pinged":"","post_modified":"2022-03-24 23:37:53","post_modified_gmt":"2022-03-24 12:37:53","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=4089","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":4040,"post_author":"1","post_date":"2022-03-23 22:24:41","post_date_gmt":"2022-03-23 11:24:41","post_content":"\n

Crypto.com has announced<\/a> they are the official sponsor of the 2022 FIFA World Cup hosted in Qatar.<\/p>\n\n\n\n

As per their official announcement, Crypto.com will be the exclusive cryptocurrency trading platform sponsor of the event, benefitting from significant brand exposure both within and outside the stadiums.<\/p>\n\n\n\n

\nhttps:\/\/twitter.com\/cryptocom\/status\/1506424728818679808\n<\/div><\/figure>\n\n\n\n

\u201cCrypto.com has already demonstrated a commitment to supporting top-tier teams and leagues, major events and iconic venues across the world, and there is no platform bigger, or with a greater reach and cultural impact, than FIFA\u2019s global platform of football,\u201d<\/p>Kay Madati, FIFA\u2019s Chief Commercial Officer.<\/cite><\/blockquote>\n\n\n\n

In November of 2021, Crypto.com announced they bought the rights to the Staples Arena,<\/a> in a historic deal inked at US$700 million. Crypto.com has also\u00a0partnered with the Australian Football League<\/a>\u00a0in a $25 million deal, signed a $100-million sponsorship with Formula 1, and confirmed a $175 million sponsorship with the UFC.<\/p>\n\n\n\n

CEO and Co-Founder of Crypto.com Kris Marszalek believes that the sponsorship with the FIFA World Cup will \u201cdrive further awareness of Crypto.com globally.\u201d This is just one more addition to their expanding list of sponsorships worldwide.<\/p>\n","post_title":"CryptoCom Is The Main Sponsor Of The 2022 World Cup","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"crypto-com-is-the-main-sponsor-of-the-2022-world-cup","to_ping":"","pinged":"\nhttps:\/\/www.thedistributed.co\/crypto-com-arena-deal-sealed\/","post_modified":"2022-06-06 21:35:19","post_modified_gmt":"2022-06-06 11:35:19","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=4040","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};

1 76 77 78 79 80 85

Most Read

Subscribe To Our Newsletter

By subscribing, you agree with our privacy and terms.

Follow The Distributed

ADVERTISEMENT
\n

According to an article from Decrypt<\/a>, there has been a lot of confusion on the topic and who is powering the NFT marketplace. It turns out that both Loopring and Immutable X are powering the NFT plans of GameStop. Although Immutable X tweeted<\/a> in a thread how they are the \"preferred partner\".<\/p>\n\n\n\n

Immutable mentioned the Loopring integration \u201cwas not a surprise (and we welcome them!).\" The marketplace will act as an aggregator across NFT minting platforms. Although, it appears that Immutable X will receive the most focus on the marketplace being the \"preferred partner\".<\/p>\n\n\n\n

\nhttps:\/\/twitter.com\/Immutable\/status\/1506596126677295108\n<\/div><\/figure>\n\n\n\n

Since the announcement, $LRC<\/a>, the native token of Layer 2 blockchain<\/a> Loopring has soared over 35% to a high of $1.21. Although it is now trading steadily at $1.09. Loopring is currently sitting at a market cap of US$1.46 billion, according to data from CoinMarketCap.<\/p>\n\n\n\n

$IMX<\/a>, the token on the Immutable X blockchain is down 8.9% in the past 24 hours, trading at $2.19, according to data from CoinMarketCap.<\/p>\n\n\n\n

The other company in the mix, GameStop also had a huge day seeing a 14.5% gain to $141 in GME<\/a> stocks. Over 24 million GME shares were traded today alone. <\/p>\n","post_title":"GameStop NFT Marketplace Has Entered Beta, Integrated With Loopring","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"gamestop-nft-marketplace-has-entered-beta-integrated-with-loopring","to_ping":"","pinged":"","post_modified":"2022-03-24 23:37:42","post_modified_gmt":"2022-03-24 12:37:42","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=4087","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":4089,"post_author":"1","post_date":"2022-03-24 22:46:11","post_date_gmt":"2022-03-24 11:46:11","post_content":"\n

Floyd \u2019Money\u2019 Mayweather has re-entered the world of cryptocurrency with the announcement of his 2nd NFT project, dubbed Mayweverse. <\/p>\n\n\n\n

The project will consist of 5 different NFTs, each NFT will have 1000 copies available to mint. Every card has its own rarity, utility, and prizes. <\/p>\n\n\n\n

Despite how good it may sounds, Twitter users were quick to criticize. Floyd was reminded<\/a> of his previous NFT project<\/a>, which made him nearly US$5 million and is now worthless. \u201cYou already have an NFT project, it\u2019s called @RealFloydNFT. You released it last year and then stopped working on it immediately after. Have you been punched in the head so much that you\u2019re forgetting these things now?\u201d<\/p>\n\n\n\n

\nhttps:\/\/twitter.com\/Berke_eth\/status\/1506051809542037506\n<\/div><\/figure>\n\n\n\n

Users were quick to call his bluff<\/a>. Floyd states that he has been working on this for months, although the twitter handle @mayweverse<\/a> was created this month. <\/p>\n\n\n\n

Coffezilla, known for calling out rug pulls and scams within the industry tweeted<\/a> his thoughts on the NFT project. He states \"Floyd Mayweather is frantically deleting evidence of his last NFT scam. He's getting roasted by the investors.\" <\/p>\n\n\n\n

Will this NFT collection follow in the footsteps of his previous NFT collection and be abandoned, or will he stick by his word?<\/p>\n","post_title":"Floyd Mayweather Re-enters The World Of Crypto With \u2018Mayweverse\u2019 NFT Project","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"floyd-mayweather-re-enters-the-world-of-crypto-with-mayweverse-nft-project","to_ping":"","pinged":"","post_modified":"2022-03-24 23:37:53","post_modified_gmt":"2022-03-24 12:37:53","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=4089","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":4040,"post_author":"1","post_date":"2022-03-23 22:24:41","post_date_gmt":"2022-03-23 11:24:41","post_content":"\n

Crypto.com has announced<\/a> they are the official sponsor of the 2022 FIFA World Cup hosted in Qatar.<\/p>\n\n\n\n

As per their official announcement, Crypto.com will be the exclusive cryptocurrency trading platform sponsor of the event, benefitting from significant brand exposure both within and outside the stadiums.<\/p>\n\n\n\n

\nhttps:\/\/twitter.com\/cryptocom\/status\/1506424728818679808\n<\/div><\/figure>\n\n\n\n

\u201cCrypto.com has already demonstrated a commitment to supporting top-tier teams and leagues, major events and iconic venues across the world, and there is no platform bigger, or with a greater reach and cultural impact, than FIFA\u2019s global platform of football,\u201d<\/p>Kay Madati, FIFA\u2019s Chief Commercial Officer.<\/cite><\/blockquote>\n\n\n\n

In November of 2021, Crypto.com announced they bought the rights to the Staples Arena,<\/a> in a historic deal inked at US$700 million. Crypto.com has also\u00a0partnered with the Australian Football League<\/a>\u00a0in a $25 million deal, signed a $100-million sponsorship with Formula 1, and confirmed a $175 million sponsorship with the UFC.<\/p>\n\n\n\n

CEO and Co-Founder of Crypto.com Kris Marszalek believes that the sponsorship with the FIFA World Cup will \u201cdrive further awareness of Crypto.com globally.\u201d This is just one more addition to their expanding list of sponsorships worldwide.<\/p>\n","post_title":"CryptoCom Is The Main Sponsor Of The 2022 World Cup","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"crypto-com-is-the-main-sponsor-of-the-2022-world-cup","to_ping":"","pinged":"\nhttps:\/\/www.thedistributed.co\/crypto-com-arena-deal-sealed\/","post_modified":"2022-06-06 21:35:19","post_modified_gmt":"2022-06-06 11:35:19","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=4040","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};

1 76 77 78 79 80 85

Most Read

Subscribe To Our Newsletter

By subscribing, you agree with our privacy and terms.

Follow The Distributed

ADVERTISEMENT
\n

Soon after that announcement, GameStop mentioned Immuntable X as their primary partner for the project. Despite this fact, Loopring was mentioned<\/a> at the time in an SEC filing<\/a>.<\/p>\n\n\n\n

According to an article from Decrypt<\/a>, there has been a lot of confusion on the topic and who is powering the NFT marketplace. It turns out that both Loopring and Immutable X are powering the NFT plans of GameStop. Although Immutable X tweeted<\/a> in a thread how they are the \"preferred partner\".<\/p>\n\n\n\n

Immutable mentioned the Loopring integration \u201cwas not a surprise (and we welcome them!).\" The marketplace will act as an aggregator across NFT minting platforms. Although, it appears that Immutable X will receive the most focus on the marketplace being the \"preferred partner\".<\/p>\n\n\n\n

\nhttps:\/\/twitter.com\/Immutable\/status\/1506596126677295108\n<\/div><\/figure>\n\n\n\n

Since the announcement, $LRC<\/a>, the native token of Layer 2 blockchain<\/a> Loopring has soared over 35% to a high of $1.21. Although it is now trading steadily at $1.09. Loopring is currently sitting at a market cap of US$1.46 billion, according to data from CoinMarketCap.<\/p>\n\n\n\n

$IMX<\/a>, the token on the Immutable X blockchain is down 8.9% in the past 24 hours, trading at $2.19, according to data from CoinMarketCap.<\/p>\n\n\n\n

The other company in the mix, GameStop also had a huge day seeing a 14.5% gain to $141 in GME<\/a> stocks. Over 24 million GME shares were traded today alone. <\/p>\n","post_title":"GameStop NFT Marketplace Has Entered Beta, Integrated With Loopring","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"gamestop-nft-marketplace-has-entered-beta-integrated-with-loopring","to_ping":"","pinged":"","post_modified":"2022-03-24 23:37:42","post_modified_gmt":"2022-03-24 12:37:42","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=4087","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":4089,"post_author":"1","post_date":"2022-03-24 22:46:11","post_date_gmt":"2022-03-24 11:46:11","post_content":"\n

Floyd \u2019Money\u2019 Mayweather has re-entered the world of cryptocurrency with the announcement of his 2nd NFT project, dubbed Mayweverse. <\/p>\n\n\n\n

The project will consist of 5 different NFTs, each NFT will have 1000 copies available to mint. Every card has its own rarity, utility, and prizes. <\/p>\n\n\n\n

Despite how good it may sounds, Twitter users were quick to criticize. Floyd was reminded<\/a> of his previous NFT project<\/a>, which made him nearly US$5 million and is now worthless. \u201cYou already have an NFT project, it\u2019s called @RealFloydNFT. You released it last year and then stopped working on it immediately after. Have you been punched in the head so much that you\u2019re forgetting these things now?\u201d<\/p>\n\n\n\n

\nhttps:\/\/twitter.com\/Berke_eth\/status\/1506051809542037506\n<\/div><\/figure>\n\n\n\n

Users were quick to call his bluff<\/a>. Floyd states that he has been working on this for months, although the twitter handle @mayweverse<\/a> was created this month. <\/p>\n\n\n\n

Coffezilla, known for calling out rug pulls and scams within the industry tweeted<\/a> his thoughts on the NFT project. He states \"Floyd Mayweather is frantically deleting evidence of his last NFT scam. He's getting roasted by the investors.\" <\/p>\n\n\n\n

Will this NFT collection follow in the footsteps of his previous NFT collection and be abandoned, or will he stick by his word?<\/p>\n","post_title":"Floyd Mayweather Re-enters The World Of Crypto With \u2018Mayweverse\u2019 NFT Project","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"floyd-mayweather-re-enters-the-world-of-crypto-with-mayweverse-nft-project","to_ping":"","pinged":"","post_modified":"2022-03-24 23:37:53","post_modified_gmt":"2022-03-24 12:37:53","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=4089","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":4040,"post_author":"1","post_date":"2022-03-23 22:24:41","post_date_gmt":"2022-03-23 11:24:41","post_content":"\n

Crypto.com has announced<\/a> they are the official sponsor of the 2022 FIFA World Cup hosted in Qatar.<\/p>\n\n\n\n

As per their official announcement, Crypto.com will be the exclusive cryptocurrency trading platform sponsor of the event, benefitting from significant brand exposure both within and outside the stadiums.<\/p>\n\n\n\n

\nhttps:\/\/twitter.com\/cryptocom\/status\/1506424728818679808\n<\/div><\/figure>\n\n\n\n

\u201cCrypto.com has already demonstrated a commitment to supporting top-tier teams and leagues, major events and iconic venues across the world, and there is no platform bigger, or with a greater reach and cultural impact, than FIFA\u2019s global platform of football,\u201d<\/p>Kay Madati, FIFA\u2019s Chief Commercial Officer.<\/cite><\/blockquote>\n\n\n\n

In November of 2021, Crypto.com announced they bought the rights to the Staples Arena,<\/a> in a historic deal inked at US$700 million. Crypto.com has also\u00a0partnered with the Australian Football League<\/a>\u00a0in a $25 million deal, signed a $100-million sponsorship with Formula 1, and confirmed a $175 million sponsorship with the UFC.<\/p>\n\n\n\n

CEO and Co-Founder of Crypto.com Kris Marszalek believes that the sponsorship with the FIFA World Cup will \u201cdrive further awareness of Crypto.com globally.\u201d This is just one more addition to their expanding list of sponsorships worldwide.<\/p>\n","post_title":"CryptoCom Is The Main Sponsor Of The 2022 World Cup","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"crypto-com-is-the-main-sponsor-of-the-2022-world-cup","to_ping":"","pinged":"\nhttps:\/\/www.thedistributed.co\/crypto-com-arena-deal-sealed\/","post_modified":"2022-06-06 21:35:19","post_modified_gmt":"2022-06-06 11:35:19","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=4040","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};

1 76 77 78 79 80 85

Most Read

Subscribe To Our Newsletter

By subscribing, you agree with our privacy and terms.

Follow The Distributed

ADVERTISEMENT
\n

Rumors circulating since November\u00a0suggested that Loopring might be working with GameStop on a metaverse-related project. The Wall Street Journal\u00a0reported<\/a> in January\u00a0that GameStop was planning to build a new team focused on NFTs.<\/p>\n\n\n\n

Soon after that announcement, GameStop mentioned Immuntable X as their primary partner for the project. Despite this fact, Loopring was mentioned<\/a> at the time in an SEC filing<\/a>.<\/p>\n\n\n\n

According to an article from Decrypt<\/a>, there has been a lot of confusion on the topic and who is powering the NFT marketplace. It turns out that both Loopring and Immutable X are powering the NFT plans of GameStop. Although Immutable X tweeted<\/a> in a thread how they are the \"preferred partner\".<\/p>\n\n\n\n

Immutable mentioned the Loopring integration \u201cwas not a surprise (and we welcome them!).\" The marketplace will act as an aggregator across NFT minting platforms. Although, it appears that Immutable X will receive the most focus on the marketplace being the \"preferred partner\".<\/p>\n\n\n\n

\nhttps:\/\/twitter.com\/Immutable\/status\/1506596126677295108\n<\/div><\/figure>\n\n\n\n

Since the announcement, $LRC<\/a>, the native token of Layer 2 blockchain<\/a> Loopring has soared over 35% to a high of $1.21. Although it is now trading steadily at $1.09. Loopring is currently sitting at a market cap of US$1.46 billion, according to data from CoinMarketCap.<\/p>\n\n\n\n

$IMX<\/a>, the token on the Immutable X blockchain is down 8.9% in the past 24 hours, trading at $2.19, according to data from CoinMarketCap.<\/p>\n\n\n\n

The other company in the mix, GameStop also had a huge day seeing a 14.5% gain to $141 in GME<\/a> stocks. Over 24 million GME shares were traded today alone. <\/p>\n","post_title":"GameStop NFT Marketplace Has Entered Beta, Integrated With Loopring","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"gamestop-nft-marketplace-has-entered-beta-integrated-with-loopring","to_ping":"","pinged":"","post_modified":"2022-03-24 23:37:42","post_modified_gmt":"2022-03-24 12:37:42","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=4087","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":4089,"post_author":"1","post_date":"2022-03-24 22:46:11","post_date_gmt":"2022-03-24 11:46:11","post_content":"\n

Floyd \u2019Money\u2019 Mayweather has re-entered the world of cryptocurrency with the announcement of his 2nd NFT project, dubbed Mayweverse. <\/p>\n\n\n\n

The project will consist of 5 different NFTs, each NFT will have 1000 copies available to mint. Every card has its own rarity, utility, and prizes. <\/p>\n\n\n\n

Despite how good it may sounds, Twitter users were quick to criticize. Floyd was reminded<\/a> of his previous NFT project<\/a>, which made him nearly US$5 million and is now worthless. \u201cYou already have an NFT project, it\u2019s called @RealFloydNFT. You released it last year and then stopped working on it immediately after. Have you been punched in the head so much that you\u2019re forgetting these things now?\u201d<\/p>\n\n\n\n

\nhttps:\/\/twitter.com\/Berke_eth\/status\/1506051809542037506\n<\/div><\/figure>\n\n\n\n

Users were quick to call his bluff<\/a>. Floyd states that he has been working on this for months, although the twitter handle @mayweverse<\/a> was created this month. <\/p>\n\n\n\n

Coffezilla, known for calling out rug pulls and scams within the industry tweeted<\/a> his thoughts on the NFT project. He states \"Floyd Mayweather is frantically deleting evidence of his last NFT scam. He's getting roasted by the investors.\" <\/p>\n\n\n\n

Will this NFT collection follow in the footsteps of his previous NFT collection and be abandoned, or will he stick by his word?<\/p>\n","post_title":"Floyd Mayweather Re-enters The World Of Crypto With \u2018Mayweverse\u2019 NFT Project","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"floyd-mayweather-re-enters-the-world-of-crypto-with-mayweverse-nft-project","to_ping":"","pinged":"","post_modified":"2022-03-24 23:37:53","post_modified_gmt":"2022-03-24 12:37:53","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=4089","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":4040,"post_author":"1","post_date":"2022-03-23 22:24:41","post_date_gmt":"2022-03-23 11:24:41","post_content":"\n

Crypto.com has announced<\/a> they are the official sponsor of the 2022 FIFA World Cup hosted in Qatar.<\/p>\n\n\n\n

As per their official announcement, Crypto.com will be the exclusive cryptocurrency trading platform sponsor of the event, benefitting from significant brand exposure both within and outside the stadiums.<\/p>\n\n\n\n

\nhttps:\/\/twitter.com\/cryptocom\/status\/1506424728818679808\n<\/div><\/figure>\n\n\n\n

\u201cCrypto.com has already demonstrated a commitment to supporting top-tier teams and leagues, major events and iconic venues across the world, and there is no platform bigger, or with a greater reach and cultural impact, than FIFA\u2019s global platform of football,\u201d<\/p>Kay Madati, FIFA\u2019s Chief Commercial Officer.<\/cite><\/blockquote>\n\n\n\n

In November of 2021, Crypto.com announced they bought the rights to the Staples Arena,<\/a> in a historic deal inked at US$700 million. Crypto.com has also\u00a0partnered with the Australian Football League<\/a>\u00a0in a $25 million deal, signed a $100-million sponsorship with Formula 1, and confirmed a $175 million sponsorship with the UFC.<\/p>\n\n\n\n

CEO and Co-Founder of Crypto.com Kris Marszalek believes that the sponsorship with the FIFA World Cup will \u201cdrive further awareness of Crypto.com globally.\u201d This is just one more addition to their expanding list of sponsorships worldwide.<\/p>\n","post_title":"CryptoCom Is The Main Sponsor Of The 2022 World Cup","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"crypto-com-is-the-main-sponsor-of-the-2022-world-cup","to_ping":"","pinged":"\nhttps:\/\/www.thedistributed.co\/crypto-com-arena-deal-sealed\/","post_modified":"2022-06-06 21:35:19","post_modified_gmt":"2022-06-06 11:35:19","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=4040","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};

1 76 77 78 79 80 85

Most Read

Subscribe To Our Newsletter

By subscribing, you agree with our privacy and terms.

Follow The Distributed

ADVERTISEMENT
\n

GameStop and NFTs<\/h2>\n\n\n\n

Rumors circulating since November\u00a0suggested that Loopring might be working with GameStop on a metaverse-related project. The Wall Street Journal\u00a0reported<\/a> in January\u00a0that GameStop was planning to build a new team focused on NFTs.<\/p>\n\n\n\n

Soon after that announcement, GameStop mentioned Immuntable X as their primary partner for the project. Despite this fact, Loopring was mentioned<\/a> at the time in an SEC filing<\/a>.<\/p>\n\n\n\n

According to an article from Decrypt<\/a>, there has been a lot of confusion on the topic and who is powering the NFT marketplace. It turns out that both Loopring and Immutable X are powering the NFT plans of GameStop. Although Immutable X tweeted<\/a> in a thread how they are the \"preferred partner\".<\/p>\n\n\n\n

Immutable mentioned the Loopring integration \u201cwas not a surprise (and we welcome them!).\" The marketplace will act as an aggregator across NFT minting platforms. Although, it appears that Immutable X will receive the most focus on the marketplace being the \"preferred partner\".<\/p>\n\n\n\n

\nhttps:\/\/twitter.com\/Immutable\/status\/1506596126677295108\n<\/div><\/figure>\n\n\n\n

Since the announcement, $LRC<\/a>, the native token of Layer 2 blockchain<\/a> Loopring has soared over 35% to a high of $1.21. Although it is now trading steadily at $1.09. Loopring is currently sitting at a market cap of US$1.46 billion, according to data from CoinMarketCap.<\/p>\n\n\n\n

$IMX<\/a>, the token on the Immutable X blockchain is down 8.9% in the past 24 hours, trading at $2.19, according to data from CoinMarketCap.<\/p>\n\n\n\n

The other company in the mix, GameStop also had a huge day seeing a 14.5% gain to $141 in GME<\/a> stocks. Over 24 million GME shares were traded today alone. <\/p>\n","post_title":"GameStop NFT Marketplace Has Entered Beta, Integrated With Loopring","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"gamestop-nft-marketplace-has-entered-beta-integrated-with-loopring","to_ping":"","pinged":"","post_modified":"2022-03-24 23:37:42","post_modified_gmt":"2022-03-24 12:37:42","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=4087","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":4089,"post_author":"1","post_date":"2022-03-24 22:46:11","post_date_gmt":"2022-03-24 11:46:11","post_content":"\n

Floyd \u2019Money\u2019 Mayweather has re-entered the world of cryptocurrency with the announcement of his 2nd NFT project, dubbed Mayweverse. <\/p>\n\n\n\n

The project will consist of 5 different NFTs, each NFT will have 1000 copies available to mint. Every card has its own rarity, utility, and prizes. <\/p>\n\n\n\n

Despite how good it may sounds, Twitter users were quick to criticize. Floyd was reminded<\/a> of his previous NFT project<\/a>, which made him nearly US$5 million and is now worthless. \u201cYou already have an NFT project, it\u2019s called @RealFloydNFT. You released it last year and then stopped working on it immediately after. Have you been punched in the head so much that you\u2019re forgetting these things now?\u201d<\/p>\n\n\n\n

\nhttps:\/\/twitter.com\/Berke_eth\/status\/1506051809542037506\n<\/div><\/figure>\n\n\n\n

Users were quick to call his bluff<\/a>. Floyd states that he has been working on this for months, although the twitter handle @mayweverse<\/a> was created this month. <\/p>\n\n\n\n

Coffezilla, known for calling out rug pulls and scams within the industry tweeted<\/a> his thoughts on the NFT project. He states \"Floyd Mayweather is frantically deleting evidence of his last NFT scam. He's getting roasted by the investors.\" <\/p>\n\n\n\n

Will this NFT collection follow in the footsteps of his previous NFT collection and be abandoned, or will he stick by his word?<\/p>\n","post_title":"Floyd Mayweather Re-enters The World Of Crypto With \u2018Mayweverse\u2019 NFT Project","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"floyd-mayweather-re-enters-the-world-of-crypto-with-mayweverse-nft-project","to_ping":"","pinged":"","post_modified":"2022-03-24 23:37:53","post_modified_gmt":"2022-03-24 12:37:53","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=4089","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":4040,"post_author":"1","post_date":"2022-03-23 22:24:41","post_date_gmt":"2022-03-23 11:24:41","post_content":"\n

Crypto.com has announced<\/a> they are the official sponsor of the 2022 FIFA World Cup hosted in Qatar.<\/p>\n\n\n\n

As per their official announcement, Crypto.com will be the exclusive cryptocurrency trading platform sponsor of the event, benefitting from significant brand exposure both within and outside the stadiums.<\/p>\n\n\n\n

\nhttps:\/\/twitter.com\/cryptocom\/status\/1506424728818679808\n<\/div><\/figure>\n\n\n\n

\u201cCrypto.com has already demonstrated a commitment to supporting top-tier teams and leagues, major events and iconic venues across the world, and there is no platform bigger, or with a greater reach and cultural impact, than FIFA\u2019s global platform of football,\u201d<\/p>Kay Madati, FIFA\u2019s Chief Commercial Officer.<\/cite><\/blockquote>\n\n\n\n

In November of 2021, Crypto.com announced they bought the rights to the Staples Arena,<\/a> in a historic deal inked at US$700 million. Crypto.com has also\u00a0partnered with the Australian Football League<\/a>\u00a0in a $25 million deal, signed a $100-million sponsorship with Formula 1, and confirmed a $175 million sponsorship with the UFC.<\/p>\n\n\n\n

CEO and Co-Founder of Crypto.com Kris Marszalek believes that the sponsorship with the FIFA World Cup will \u201cdrive further awareness of Crypto.com globally.\u201d This is just one more addition to their expanding list of sponsorships worldwide.<\/p>\n","post_title":"CryptoCom Is The Main Sponsor Of The 2022 World Cup","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"crypto-com-is-the-main-sponsor-of-the-2022-world-cup","to_ping":"","pinged":"\nhttps:\/\/www.thedistributed.co\/crypto-com-arena-deal-sealed\/","post_modified":"2022-06-06 21:35:19","post_modified_gmt":"2022-06-06 11:35:19","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=4040","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};

1 76 77 78 79 80 85

Most Read

Subscribe To Our Newsletter

By subscribing, you agree with our privacy and terms.

Follow The Distributed

ADVERTISEMENT
\n

Browman believes that the project \"has the potential to cement itself at the forefront of this new paradigm and become the destination for global digital economies.\" The blog post states that users can get early access to the project now to set up usernames and profiles, as well as make their first deposits.<\/p>\n\n\n\n

GameStop and NFTs<\/h2>\n\n\n\n

Rumors circulating since November\u00a0suggested that Loopring might be working with GameStop on a metaverse-related project. The Wall Street Journal\u00a0reported<\/a> in January\u00a0that GameStop was planning to build a new team focused on NFTs.<\/p>\n\n\n\n

Soon after that announcement, GameStop mentioned Immuntable X as their primary partner for the project. Despite this fact, Loopring was mentioned<\/a> at the time in an SEC filing<\/a>.<\/p>\n\n\n\n

According to an article from Decrypt<\/a>, there has been a lot of confusion on the topic and who is powering the NFT marketplace. It turns out that both Loopring and Immutable X are powering the NFT plans of GameStop. Although Immutable X tweeted<\/a> in a thread how they are the \"preferred partner\".<\/p>\n\n\n\n

Immutable mentioned the Loopring integration \u201cwas not a surprise (and we welcome them!).\" The marketplace will act as an aggregator across NFT minting platforms. Although, it appears that Immutable X will receive the most focus on the marketplace being the \"preferred partner\".<\/p>\n\n\n\n

\nhttps:\/\/twitter.com\/Immutable\/status\/1506596126677295108\n<\/div><\/figure>\n\n\n\n

Since the announcement, $LRC<\/a>, the native token of Layer 2 blockchain<\/a> Loopring has soared over 35% to a high of $1.21. Although it is now trading steadily at $1.09. Loopring is currently sitting at a market cap of US$1.46 billion, according to data from CoinMarketCap.<\/p>\n\n\n\n

$IMX<\/a>, the token on the Immutable X blockchain is down 8.9% in the past 24 hours, trading at $2.19, according to data from CoinMarketCap.<\/p>\n\n\n\n

The other company in the mix, GameStop also had a huge day seeing a 14.5% gain to $141 in GME<\/a> stocks. Over 24 million GME shares were traded today alone. <\/p>\n","post_title":"GameStop NFT Marketplace Has Entered Beta, Integrated With Loopring","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"gamestop-nft-marketplace-has-entered-beta-integrated-with-loopring","to_ping":"","pinged":"","post_modified":"2022-03-24 23:37:42","post_modified_gmt":"2022-03-24 12:37:42","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=4087","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":4089,"post_author":"1","post_date":"2022-03-24 22:46:11","post_date_gmt":"2022-03-24 11:46:11","post_content":"\n

Floyd \u2019Money\u2019 Mayweather has re-entered the world of cryptocurrency with the announcement of his 2nd NFT project, dubbed Mayweverse. <\/p>\n\n\n\n

The project will consist of 5 different NFTs, each NFT will have 1000 copies available to mint. Every card has its own rarity, utility, and prizes. <\/p>\n\n\n\n

Despite how good it may sounds, Twitter users were quick to criticize. Floyd was reminded<\/a> of his previous NFT project<\/a>, which made him nearly US$5 million and is now worthless. \u201cYou already have an NFT project, it\u2019s called @RealFloydNFT. You released it last year and then stopped working on it immediately after. Have you been punched in the head so much that you\u2019re forgetting these things now?\u201d<\/p>\n\n\n\n

\nhttps:\/\/twitter.com\/Berke_eth\/status\/1506051809542037506\n<\/div><\/figure>\n\n\n\n

Users were quick to call his bluff<\/a>. Floyd states that he has been working on this for months, although the twitter handle @mayweverse<\/a> was created this month. <\/p>\n\n\n\n

Coffezilla, known for calling out rug pulls and scams within the industry tweeted<\/a> his thoughts on the NFT project. He states \"Floyd Mayweather is frantically deleting evidence of his last NFT scam. He's getting roasted by the investors.\" <\/p>\n\n\n\n

Will this NFT collection follow in the footsteps of his previous NFT collection and be abandoned, or will he stick by his word?<\/p>\n","post_title":"Floyd Mayweather Re-enters The World Of Crypto With \u2018Mayweverse\u2019 NFT Project","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"floyd-mayweather-re-enters-the-world-of-crypto-with-mayweverse-nft-project","to_ping":"","pinged":"","post_modified":"2022-03-24 23:37:53","post_modified_gmt":"2022-03-24 12:37:53","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=4089","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":4040,"post_author":"1","post_date":"2022-03-23 22:24:41","post_date_gmt":"2022-03-23 11:24:41","post_content":"\n

Crypto.com has announced<\/a> they are the official sponsor of the 2022 FIFA World Cup hosted in Qatar.<\/p>\n\n\n\n

As per their official announcement, Crypto.com will be the exclusive cryptocurrency trading platform sponsor of the event, benefitting from significant brand exposure both within and outside the stadiums.<\/p>\n\n\n\n

\nhttps:\/\/twitter.com\/cryptocom\/status\/1506424728818679808\n<\/div><\/figure>\n\n\n\n

\u201cCrypto.com has already demonstrated a commitment to supporting top-tier teams and leagues, major events and iconic venues across the world, and there is no platform bigger, or with a greater reach and cultural impact, than FIFA\u2019s global platform of football,\u201d<\/p>Kay Madati, FIFA\u2019s Chief Commercial Officer.<\/cite><\/blockquote>\n\n\n\n

In November of 2021, Crypto.com announced they bought the rights to the Staples Arena,<\/a> in a historic deal inked at US$700 million. Crypto.com has also\u00a0partnered with the Australian Football League<\/a>\u00a0in a $25 million deal, signed a $100-million sponsorship with Formula 1, and confirmed a $175 million sponsorship with the UFC.<\/p>\n\n\n\n

CEO and Co-Founder of Crypto.com Kris Marszalek believes that the sponsorship with the FIFA World Cup will \u201cdrive further awareness of Crypto.com globally.\u201d This is just one more addition to their expanding list of sponsorships worldwide.<\/p>\n","post_title":"CryptoCom Is The Main Sponsor Of The 2022 World Cup","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"crypto-com-is-the-main-sponsor-of-the-2022-world-cup","to_ping":"","pinged":"\nhttps:\/\/www.thedistributed.co\/crypto-com-arena-deal-sealed\/","post_modified":"2022-06-06 21:35:19","post_modified_gmt":"2022-06-06 11:35:19","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=4040","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};

1 76 77 78 79 80 85

Most Read

Subscribe To Our Newsletter

By subscribing, you agree with our privacy and terms.

Follow The Distributed

ADVERTISEMENT
\n

In a\u00a0blog post<\/a>\u00a0by Loopring's head of growth, Adam Browman states that \"the GameStop NFT Marketplace has taken its first steps to welcome users, and it is built atop Loopring!\"<\/p>\n\n\n\n

Browman believes that the project \"has the potential to cement itself at the forefront of this new paradigm and become the destination for global digital economies.\" The blog post states that users can get early access to the project now to set up usernames and profiles, as well as make their first deposits.<\/p>\n\n\n\n

GameStop and NFTs<\/h2>\n\n\n\n

Rumors circulating since November\u00a0suggested that Loopring might be working with GameStop on a metaverse-related project. The Wall Street Journal\u00a0reported<\/a> in January\u00a0that GameStop was planning to build a new team focused on NFTs.<\/p>\n\n\n\n

Soon after that announcement, GameStop mentioned Immuntable X as their primary partner for the project. Despite this fact, Loopring was mentioned<\/a> at the time in an SEC filing<\/a>.<\/p>\n\n\n\n

According to an article from Decrypt<\/a>, there has been a lot of confusion on the topic and who is powering the NFT marketplace. It turns out that both Loopring and Immutable X are powering the NFT plans of GameStop. Although Immutable X tweeted<\/a> in a thread how they are the \"preferred partner\".<\/p>\n\n\n\n

Immutable mentioned the Loopring integration \u201cwas not a surprise (and we welcome them!).\" The marketplace will act as an aggregator across NFT minting platforms. Although, it appears that Immutable X will receive the most focus on the marketplace being the \"preferred partner\".<\/p>\n\n\n\n

\nhttps:\/\/twitter.com\/Immutable\/status\/1506596126677295108\n<\/div><\/figure>\n\n\n\n

Since the announcement, $LRC<\/a>, the native token of Layer 2 blockchain<\/a> Loopring has soared over 35% to a high of $1.21. Although it is now trading steadily at $1.09. Loopring is currently sitting at a market cap of US$1.46 billion, according to data from CoinMarketCap.<\/p>\n\n\n\n

$IMX<\/a>, the token on the Immutable X blockchain is down 8.9% in the past 24 hours, trading at $2.19, according to data from CoinMarketCap.<\/p>\n\n\n\n

The other company in the mix, GameStop also had a huge day seeing a 14.5% gain to $141 in GME<\/a> stocks. Over 24 million GME shares were traded today alone. <\/p>\n","post_title":"GameStop NFT Marketplace Has Entered Beta, Integrated With Loopring","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"gamestop-nft-marketplace-has-entered-beta-integrated-with-loopring","to_ping":"","pinged":"","post_modified":"2022-03-24 23:37:42","post_modified_gmt":"2022-03-24 12:37:42","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=4087","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":4089,"post_author":"1","post_date":"2022-03-24 22:46:11","post_date_gmt":"2022-03-24 11:46:11","post_content":"\n

Floyd \u2019Money\u2019 Mayweather has re-entered the world of cryptocurrency with the announcement of his 2nd NFT project, dubbed Mayweverse. <\/p>\n\n\n\n

The project will consist of 5 different NFTs, each NFT will have 1000 copies available to mint. Every card has its own rarity, utility, and prizes. <\/p>\n\n\n\n

Despite how good it may sounds, Twitter users were quick to criticize. Floyd was reminded<\/a> of his previous NFT project<\/a>, which made him nearly US$5 million and is now worthless. \u201cYou already have an NFT project, it\u2019s called @RealFloydNFT. You released it last year and then stopped working on it immediately after. Have you been punched in the head so much that you\u2019re forgetting these things now?\u201d<\/p>\n\n\n\n

\nhttps:\/\/twitter.com\/Berke_eth\/status\/1506051809542037506\n<\/div><\/figure>\n\n\n\n

Users were quick to call his bluff<\/a>. Floyd states that he has been working on this for months, although the twitter handle @mayweverse<\/a> was created this month. <\/p>\n\n\n\n

Coffezilla, known for calling out rug pulls and scams within the industry tweeted<\/a> his thoughts on the NFT project. He states \"Floyd Mayweather is frantically deleting evidence of his last NFT scam. He's getting roasted by the investors.\" <\/p>\n\n\n\n

Will this NFT collection follow in the footsteps of his previous NFT collection and be abandoned, or will he stick by his word?<\/p>\n","post_title":"Floyd Mayweather Re-enters The World Of Crypto With \u2018Mayweverse\u2019 NFT Project","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"floyd-mayweather-re-enters-the-world-of-crypto-with-mayweverse-nft-project","to_ping":"","pinged":"","post_modified":"2022-03-24 23:37:53","post_modified_gmt":"2022-03-24 12:37:53","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=4089","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":4040,"post_author":"1","post_date":"2022-03-23 22:24:41","post_date_gmt":"2022-03-23 11:24:41","post_content":"\n

Crypto.com has announced<\/a> they are the official sponsor of the 2022 FIFA World Cup hosted in Qatar.<\/p>\n\n\n\n

As per their official announcement, Crypto.com will be the exclusive cryptocurrency trading platform sponsor of the event, benefitting from significant brand exposure both within and outside the stadiums.<\/p>\n\n\n\n

\nhttps:\/\/twitter.com\/cryptocom\/status\/1506424728818679808\n<\/div><\/figure>\n\n\n\n

\u201cCrypto.com has already demonstrated a commitment to supporting top-tier teams and leagues, major events and iconic venues across the world, and there is no platform bigger, or with a greater reach and cultural impact, than FIFA\u2019s global platform of football,\u201d<\/p>Kay Madati, FIFA\u2019s Chief Commercial Officer.<\/cite><\/blockquote>\n\n\n\n

In November of 2021, Crypto.com announced they bought the rights to the Staples Arena,<\/a> in a historic deal inked at US$700 million. Crypto.com has also\u00a0partnered with the Australian Football League<\/a>\u00a0in a $25 million deal, signed a $100-million sponsorship with Formula 1, and confirmed a $175 million sponsorship with the UFC.<\/p>\n\n\n\n

CEO and Co-Founder of Crypto.com Kris Marszalek believes that the sponsorship with the FIFA World Cup will \u201cdrive further awareness of Crypto.com globally.\u201d This is just one more addition to their expanding list of sponsorships worldwide.<\/p>\n","post_title":"CryptoCom Is The Main Sponsor Of The 2022 World Cup","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"crypto-com-is-the-main-sponsor-of-the-2022-world-cup","to_ping":"","pinged":"\nhttps:\/\/www.thedistributed.co\/crypto-com-arena-deal-sealed\/","post_modified":"2022-06-06 21:35:19","post_modified_gmt":"2022-06-06 11:35:19","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=4040","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};

1 76 77 78 79 80 85

Most Read

Subscribe To Our Newsletter

By subscribing, you agree with our privacy and terms.

Follow The Distributed

ADVERTISEMENT
\n
\"\"
Dogecoin 2-Day Price Data - Source: CoinMarketCap<\/figcaption><\/figure>\n","post_title":"Bitcoin ATM Operator Now Supports $DOGE","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"bitcoin-atm-operator-now-supports-doge","to_ping":"","pinged":"","post_modified":"2023-04-11 12:50:37","post_modified_gmt":"2023-04-11 02:50:37","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=4106","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":4087,"post_author":"1","post_date":"2022-03-24 23:37:18","post_date_gmt":"2022-03-24 12:37:18","post_content":"\n

In a\u00a0blog post<\/a>\u00a0by Loopring's head of growth, Adam Browman states that \"the GameStop NFT Marketplace has taken its first steps to welcome users, and it is built atop Loopring!\"<\/p>\n\n\n\n

Browman believes that the project \"has the potential to cement itself at the forefront of this new paradigm and become the destination for global digital economies.\" The blog post states that users can get early access to the project now to set up usernames and profiles, as well as make their first deposits.<\/p>\n\n\n\n

GameStop and NFTs<\/h2>\n\n\n\n

Rumors circulating since November\u00a0suggested that Loopring might be working with GameStop on a metaverse-related project. The Wall Street Journal\u00a0reported<\/a> in January\u00a0that GameStop was planning to build a new team focused on NFTs.<\/p>\n\n\n\n

Soon after that announcement, GameStop mentioned Immuntable X as their primary partner for the project. Despite this fact, Loopring was mentioned<\/a> at the time in an SEC filing<\/a>.<\/p>\n\n\n\n

According to an article from Decrypt<\/a>, there has been a lot of confusion on the topic and who is powering the NFT marketplace. It turns out that both Loopring and Immutable X are powering the NFT plans of GameStop. Although Immutable X tweeted<\/a> in a thread how they are the \"preferred partner\".<\/p>\n\n\n\n

Immutable mentioned the Loopring integration \u201cwas not a surprise (and we welcome them!).\" The marketplace will act as an aggregator across NFT minting platforms. Although, it appears that Immutable X will receive the most focus on the marketplace being the \"preferred partner\".<\/p>\n\n\n\n

\nhttps:\/\/twitter.com\/Immutable\/status\/1506596126677295108\n<\/div><\/figure>\n\n\n\n

Since the announcement, $LRC<\/a>, the native token of Layer 2 blockchain<\/a> Loopring has soared over 35% to a high of $1.21. Although it is now trading steadily at $1.09. Loopring is currently sitting at a market cap of US$1.46 billion, according to data from CoinMarketCap.<\/p>\n\n\n\n

$IMX<\/a>, the token on the Immutable X blockchain is down 8.9% in the past 24 hours, trading at $2.19, according to data from CoinMarketCap.<\/p>\n\n\n\n

The other company in the mix, GameStop also had a huge day seeing a 14.5% gain to $141 in GME<\/a> stocks. Over 24 million GME shares were traded today alone. <\/p>\n","post_title":"GameStop NFT Marketplace Has Entered Beta, Integrated With Loopring","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"gamestop-nft-marketplace-has-entered-beta-integrated-with-loopring","to_ping":"","pinged":"","post_modified":"2022-03-24 23:37:42","post_modified_gmt":"2022-03-24 12:37:42","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=4087","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":4089,"post_author":"1","post_date":"2022-03-24 22:46:11","post_date_gmt":"2022-03-24 11:46:11","post_content":"\n

Floyd \u2019Money\u2019 Mayweather has re-entered the world of cryptocurrency with the announcement of his 2nd NFT project, dubbed Mayweverse. <\/p>\n\n\n\n

The project will consist of 5 different NFTs, each NFT will have 1000 copies available to mint. Every card has its own rarity, utility, and prizes. <\/p>\n\n\n\n

Despite how good it may sounds, Twitter users were quick to criticize. Floyd was reminded<\/a> of his previous NFT project<\/a>, which made him nearly US$5 million and is now worthless. \u201cYou already have an NFT project, it\u2019s called @RealFloydNFT. You released it last year and then stopped working on it immediately after. Have you been punched in the head so much that you\u2019re forgetting these things now?\u201d<\/p>\n\n\n\n

\nhttps:\/\/twitter.com\/Berke_eth\/status\/1506051809542037506\n<\/div><\/figure>\n\n\n\n

Users were quick to call his bluff<\/a>. Floyd states that he has been working on this for months, although the twitter handle @mayweverse<\/a> was created this month. <\/p>\n\n\n\n

Coffezilla, known for calling out rug pulls and scams within the industry tweeted<\/a> his thoughts on the NFT project. He states \"Floyd Mayweather is frantically deleting evidence of his last NFT scam. He's getting roasted by the investors.\" <\/p>\n\n\n\n

Will this NFT collection follow in the footsteps of his previous NFT collection and be abandoned, or will he stick by his word?<\/p>\n","post_title":"Floyd Mayweather Re-enters The World Of Crypto With \u2018Mayweverse\u2019 NFT Project","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"floyd-mayweather-re-enters-the-world-of-crypto-with-mayweverse-nft-project","to_ping":"","pinged":"","post_modified":"2022-03-24 23:37:53","post_modified_gmt":"2022-03-24 12:37:53","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=4089","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":4040,"post_author":"1","post_date":"2022-03-23 22:24:41","post_date_gmt":"2022-03-23 11:24:41","post_content":"\n

Crypto.com has announced<\/a> they are the official sponsor of the 2022 FIFA World Cup hosted in Qatar.<\/p>\n\n\n\n

As per their official announcement, Crypto.com will be the exclusive cryptocurrency trading platform sponsor of the event, benefitting from significant brand exposure both within and outside the stadiums.<\/p>\n\n\n\n

\nhttps:\/\/twitter.com\/cryptocom\/status\/1506424728818679808\n<\/div><\/figure>\n\n\n\n

\u201cCrypto.com has already demonstrated a commitment to supporting top-tier teams and leagues, major events and iconic venues across the world, and there is no platform bigger, or with a greater reach and cultural impact, than FIFA\u2019s global platform of football,\u201d<\/p>Kay Madati, FIFA\u2019s Chief Commercial Officer.<\/cite><\/blockquote>\n\n\n\n

In November of 2021, Crypto.com announced they bought the rights to the Staples Arena,<\/a> in a historic deal inked at US$700 million. Crypto.com has also\u00a0partnered with the Australian Football League<\/a>\u00a0in a $25 million deal, signed a $100-million sponsorship with Formula 1, and confirmed a $175 million sponsorship with the UFC.<\/p>\n\n\n\n

CEO and Co-Founder of Crypto.com Kris Marszalek believes that the sponsorship with the FIFA World Cup will \u201cdrive further awareness of Crypto.com globally.\u201d This is just one more addition to their expanding list of sponsorships worldwide.<\/p>\n","post_title":"CryptoCom Is The Main Sponsor Of The 2022 World Cup","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"crypto-com-is-the-main-sponsor-of-the-2022-world-cup","to_ping":"","pinged":"\nhttps:\/\/www.thedistributed.co\/crypto-com-arena-deal-sealed\/","post_modified":"2022-06-06 21:35:19","post_modified_gmt":"2022-06-06 11:35:19","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=4040","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};

1 76 77 78 79 80 85

Most Read

Subscribe To Our Newsletter

By subscribing, you agree with our privacy and terms.

Follow The Distributed

ADVERTISEMENT
\n

Dogecoin has rallied in the past few days going from $0.123 to a high of $0.140. The current market cap is sitting at US$18 billion.<\/p>\n\n\n\n

\"\"
Dogecoin 2-Day Price Data - Source: CoinMarketCap<\/figcaption><\/figure>\n","post_title":"Bitcoin ATM Operator Now Supports $DOGE","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"bitcoin-atm-operator-now-supports-doge","to_ping":"","pinged":"","post_modified":"2023-04-11 12:50:37","post_modified_gmt":"2023-04-11 02:50:37","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=4106","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":4087,"post_author":"1","post_date":"2022-03-24 23:37:18","post_date_gmt":"2022-03-24 12:37:18","post_content":"\n

In a\u00a0blog post<\/a>\u00a0by Loopring's head of growth, Adam Browman states that \"the GameStop NFT Marketplace has taken its first steps to welcome users, and it is built atop Loopring!\"<\/p>\n\n\n\n

Browman believes that the project \"has the potential to cement itself at the forefront of this new paradigm and become the destination for global digital economies.\" The blog post states that users can get early access to the project now to set up usernames and profiles, as well as make their first deposits.<\/p>\n\n\n\n

GameStop and NFTs<\/h2>\n\n\n\n

Rumors circulating since November\u00a0suggested that Loopring might be working with GameStop on a metaverse-related project. The Wall Street Journal\u00a0reported<\/a> in January\u00a0that GameStop was planning to build a new team focused on NFTs.<\/p>\n\n\n\n

Soon after that announcement, GameStop mentioned Immuntable X as their primary partner for the project. Despite this fact, Loopring was mentioned<\/a> at the time in an SEC filing<\/a>.<\/p>\n\n\n\n

According to an article from Decrypt<\/a>, there has been a lot of confusion on the topic and who is powering the NFT marketplace. It turns out that both Loopring and Immutable X are powering the NFT plans of GameStop. Although Immutable X tweeted<\/a> in a thread how they are the \"preferred partner\".<\/p>\n\n\n\n

Immutable mentioned the Loopring integration \u201cwas not a surprise (and we welcome them!).\" The marketplace will act as an aggregator across NFT minting platforms. Although, it appears that Immutable X will receive the most focus on the marketplace being the \"preferred partner\".<\/p>\n\n\n\n

\nhttps:\/\/twitter.com\/Immutable\/status\/1506596126677295108\n<\/div><\/figure>\n\n\n\n

Since the announcement, $LRC<\/a>, the native token of Layer 2 blockchain<\/a> Loopring has soared over 35% to a high of $1.21. Although it is now trading steadily at $1.09. Loopring is currently sitting at a market cap of US$1.46 billion, according to data from CoinMarketCap.<\/p>\n\n\n\n

$IMX<\/a>, the token on the Immutable X blockchain is down 8.9% in the past 24 hours, trading at $2.19, according to data from CoinMarketCap.<\/p>\n\n\n\n

The other company in the mix, GameStop also had a huge day seeing a 14.5% gain to $141 in GME<\/a> stocks. Over 24 million GME shares were traded today alone. <\/p>\n","post_title":"GameStop NFT Marketplace Has Entered Beta, Integrated With Loopring","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"gamestop-nft-marketplace-has-entered-beta-integrated-with-loopring","to_ping":"","pinged":"","post_modified":"2022-03-24 23:37:42","post_modified_gmt":"2022-03-24 12:37:42","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=4087","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":4089,"post_author":"1","post_date":"2022-03-24 22:46:11","post_date_gmt":"2022-03-24 11:46:11","post_content":"\n

Floyd \u2019Money\u2019 Mayweather has re-entered the world of cryptocurrency with the announcement of his 2nd NFT project, dubbed Mayweverse. <\/p>\n\n\n\n

The project will consist of 5 different NFTs, each NFT will have 1000 copies available to mint. Every card has its own rarity, utility, and prizes. <\/p>\n\n\n\n

Despite how good it may sounds, Twitter users were quick to criticize. Floyd was reminded<\/a> of his previous NFT project<\/a>, which made him nearly US$5 million and is now worthless. \u201cYou already have an NFT project, it\u2019s called @RealFloydNFT. You released it last year and then stopped working on it immediately after. Have you been punched in the head so much that you\u2019re forgetting these things now?\u201d<\/p>\n\n\n\n

\nhttps:\/\/twitter.com\/Berke_eth\/status\/1506051809542037506\n<\/div><\/figure>\n\n\n\n

Users were quick to call his bluff<\/a>. Floyd states that he has been working on this for months, although the twitter handle @mayweverse<\/a> was created this month. <\/p>\n\n\n\n

Coffezilla, known for calling out rug pulls and scams within the industry tweeted<\/a> his thoughts on the NFT project. He states \"Floyd Mayweather is frantically deleting evidence of his last NFT scam. He's getting roasted by the investors.\" <\/p>\n\n\n\n

Will this NFT collection follow in the footsteps of his previous NFT collection and be abandoned, or will he stick by his word?<\/p>\n","post_title":"Floyd Mayweather Re-enters The World Of Crypto With \u2018Mayweverse\u2019 NFT Project","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"floyd-mayweather-re-enters-the-world-of-crypto-with-mayweverse-nft-project","to_ping":"","pinged":"","post_modified":"2022-03-24 23:37:53","post_modified_gmt":"2022-03-24 12:37:53","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=4089","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":4040,"post_author":"1","post_date":"2022-03-23 22:24:41","post_date_gmt":"2022-03-23 11:24:41","post_content":"\n

Crypto.com has announced<\/a> they are the official sponsor of the 2022 FIFA World Cup hosted in Qatar.<\/p>\n\n\n\n

As per their official announcement, Crypto.com will be the exclusive cryptocurrency trading platform sponsor of the event, benefitting from significant brand exposure both within and outside the stadiums.<\/p>\n\n\n\n

\nhttps:\/\/twitter.com\/cryptocom\/status\/1506424728818679808\n<\/div><\/figure>\n\n\n\n

\u201cCrypto.com has already demonstrated a commitment to supporting top-tier teams and leagues, major events and iconic venues across the world, and there is no platform bigger, or with a greater reach and cultural impact, than FIFA\u2019s global platform of football,\u201d<\/p>Kay Madati, FIFA\u2019s Chief Commercial Officer.<\/cite><\/blockquote>\n\n\n\n

In November of 2021, Crypto.com announced they bought the rights to the Staples Arena,<\/a> in a historic deal inked at US$700 million. Crypto.com has also\u00a0partnered with the Australian Football League<\/a>\u00a0in a $25 million deal, signed a $100-million sponsorship with Formula 1, and confirmed a $175 million sponsorship with the UFC.<\/p>\n\n\n\n

CEO and Co-Founder of Crypto.com Kris Marszalek believes that the sponsorship with the FIFA World Cup will \u201cdrive further awareness of Crypto.com globally.\u201d This is just one more addition to their expanding list of sponsorships worldwide.<\/p>\n","post_title":"CryptoCom Is The Main Sponsor Of The 2022 World Cup","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"crypto-com-is-the-main-sponsor-of-the-2022-world-cup","to_ping":"","pinged":"\nhttps:\/\/www.thedistributed.co\/crypto-com-arena-deal-sealed\/","post_modified":"2022-06-06 21:35:19","post_modified_gmt":"2022-06-06 11:35:19","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=4040","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};

1 76 77 78 79 80 85

Most Read

Subscribe To Our Newsletter

By subscribing, you agree with our privacy and terms.

Follow The Distributed

ADVERTISEMENT
\n

Bitcoin of America has made several updates to its BTMs with the announcement of its new Universal Kiosk.\u00a0The new universal kiosk combines the capabilities of a traditional ATM with a Bitcoin ATM and offers 3 main functions. The first is the traditional ATM feature where customers can dispense cash from a debit card. The second function is being able to\u00a0buy cryptocurrency\u00a0with cash. The last is that customers can sell crypto in return for cash.<\/p>\n\n\n\n

Dogecoin has rallied in the past few days going from $0.123 to a high of $0.140. The current market cap is sitting at US$18 billion.<\/p>\n\n\n\n

\"\"
Dogecoin 2-Day Price Data - Source: CoinMarketCap<\/figcaption><\/figure>\n","post_title":"Bitcoin ATM Operator Now Supports $DOGE","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"bitcoin-atm-operator-now-supports-doge","to_ping":"","pinged":"","post_modified":"2023-04-11 12:50:37","post_modified_gmt":"2023-04-11 02:50:37","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=4106","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":4087,"post_author":"1","post_date":"2022-03-24 23:37:18","post_date_gmt":"2022-03-24 12:37:18","post_content":"\n

In a\u00a0blog post<\/a>\u00a0by Loopring's head of growth, Adam Browman states that \"the GameStop NFT Marketplace has taken its first steps to welcome users, and it is built atop Loopring!\"<\/p>\n\n\n\n

Browman believes that the project \"has the potential to cement itself at the forefront of this new paradigm and become the destination for global digital economies.\" The blog post states that users can get early access to the project now to set up usernames and profiles, as well as make their first deposits.<\/p>\n\n\n\n

GameStop and NFTs<\/h2>\n\n\n\n

Rumors circulating since November\u00a0suggested that Loopring might be working with GameStop on a metaverse-related project. The Wall Street Journal\u00a0reported<\/a> in January\u00a0that GameStop was planning to build a new team focused on NFTs.<\/p>\n\n\n\n

Soon after that announcement, GameStop mentioned Immuntable X as their primary partner for the project. Despite this fact, Loopring was mentioned<\/a> at the time in an SEC filing<\/a>.<\/p>\n\n\n\n

According to an article from Decrypt<\/a>, there has been a lot of confusion on the topic and who is powering the NFT marketplace. It turns out that both Loopring and Immutable X are powering the NFT plans of GameStop. Although Immutable X tweeted<\/a> in a thread how they are the \"preferred partner\".<\/p>\n\n\n\n

Immutable mentioned the Loopring integration \u201cwas not a surprise (and we welcome them!).\" The marketplace will act as an aggregator across NFT minting platforms. Although, it appears that Immutable X will receive the most focus on the marketplace being the \"preferred partner\".<\/p>\n\n\n\n

\nhttps:\/\/twitter.com\/Immutable\/status\/1506596126677295108\n<\/div><\/figure>\n\n\n\n

Since the announcement, $LRC<\/a>, the native token of Layer 2 blockchain<\/a> Loopring has soared over 35% to a high of $1.21. Although it is now trading steadily at $1.09. Loopring is currently sitting at a market cap of US$1.46 billion, according to data from CoinMarketCap.<\/p>\n\n\n\n

$IMX<\/a>, the token on the Immutable X blockchain is down 8.9% in the past 24 hours, trading at $2.19, according to data from CoinMarketCap.<\/p>\n\n\n\n

The other company in the mix, GameStop also had a huge day seeing a 14.5% gain to $141 in GME<\/a> stocks. Over 24 million GME shares were traded today alone. <\/p>\n","post_title":"GameStop NFT Marketplace Has Entered Beta, Integrated With Loopring","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"gamestop-nft-marketplace-has-entered-beta-integrated-with-loopring","to_ping":"","pinged":"","post_modified":"2022-03-24 23:37:42","post_modified_gmt":"2022-03-24 12:37:42","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=4087","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":4089,"post_author":"1","post_date":"2022-03-24 22:46:11","post_date_gmt":"2022-03-24 11:46:11","post_content":"\n

Floyd \u2019Money\u2019 Mayweather has re-entered the world of cryptocurrency with the announcement of his 2nd NFT project, dubbed Mayweverse. <\/p>\n\n\n\n

The project will consist of 5 different NFTs, each NFT will have 1000 copies available to mint. Every card has its own rarity, utility, and prizes. <\/p>\n\n\n\n

Despite how good it may sounds, Twitter users were quick to criticize. Floyd was reminded<\/a> of his previous NFT project<\/a>, which made him nearly US$5 million and is now worthless. \u201cYou already have an NFT project, it\u2019s called @RealFloydNFT. You released it last year and then stopped working on it immediately after. Have you been punched in the head so much that you\u2019re forgetting these things now?\u201d<\/p>\n\n\n\n

\nhttps:\/\/twitter.com\/Berke_eth\/status\/1506051809542037506\n<\/div><\/figure>\n\n\n\n

Users were quick to call his bluff<\/a>. Floyd states that he has been working on this for months, although the twitter handle @mayweverse<\/a> was created this month. <\/p>\n\n\n\n

Coffezilla, known for calling out rug pulls and scams within the industry tweeted<\/a> his thoughts on the NFT project. He states \"Floyd Mayweather is frantically deleting evidence of his last NFT scam. He's getting roasted by the investors.\" <\/p>\n\n\n\n

Will this NFT collection follow in the footsteps of his previous NFT collection and be abandoned, or will he stick by his word?<\/p>\n","post_title":"Floyd Mayweather Re-enters The World Of Crypto With \u2018Mayweverse\u2019 NFT Project","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"floyd-mayweather-re-enters-the-world-of-crypto-with-mayweverse-nft-project","to_ping":"","pinged":"","post_modified":"2022-03-24 23:37:53","post_modified_gmt":"2022-03-24 12:37:53","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=4089","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":4040,"post_author":"1","post_date":"2022-03-23 22:24:41","post_date_gmt":"2022-03-23 11:24:41","post_content":"\n

Crypto.com has announced<\/a> they are the official sponsor of the 2022 FIFA World Cup hosted in Qatar.<\/p>\n\n\n\n

As per their official announcement, Crypto.com will be the exclusive cryptocurrency trading platform sponsor of the event, benefitting from significant brand exposure both within and outside the stadiums.<\/p>\n\n\n\n

\nhttps:\/\/twitter.com\/cryptocom\/status\/1506424728818679808\n<\/div><\/figure>\n\n\n\n

\u201cCrypto.com has already demonstrated a commitment to supporting top-tier teams and leagues, major events and iconic venues across the world, and there is no platform bigger, or with a greater reach and cultural impact, than FIFA\u2019s global platform of football,\u201d<\/p>Kay Madati, FIFA\u2019s Chief Commercial Officer.<\/cite><\/blockquote>\n\n\n\n

In November of 2021, Crypto.com announced they bought the rights to the Staples Arena,<\/a> in a historic deal inked at US$700 million. Crypto.com has also\u00a0partnered with the Australian Football League<\/a>\u00a0in a $25 million deal, signed a $100-million sponsorship with Formula 1, and confirmed a $175 million sponsorship with the UFC.<\/p>\n\n\n\n

CEO and Co-Founder of Crypto.com Kris Marszalek believes that the sponsorship with the FIFA World Cup will \u201cdrive further awareness of Crypto.com globally.\u201d This is just one more addition to their expanding list of sponsorships worldwide.<\/p>\n","post_title":"CryptoCom Is The Main Sponsor Of The 2022 World Cup","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"crypto-com-is-the-main-sponsor-of-the-2022-world-cup","to_ping":"","pinged":"\nhttps:\/\/www.thedistributed.co\/crypto-com-arena-deal-sealed\/","post_modified":"2022-06-06 21:35:19","post_modified_gmt":"2022-06-06 11:35:19","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=4040","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};

1 76 77 78 79 80 85

Most Read

Subscribe To Our Newsletter

By subscribing, you agree with our privacy and terms.

Follow The Distributed

ADVERTISEMENT
\n

After recognizing the popularity of the meme-coin and the attention it could bring, Bitcoin of America added the currency to their BTMs. Dogecoin ($DOGE<\/a>) is now available for transactions alongside Bitcoin ($BTC<\/a>), Ethereum ($ETH<\/a>), and Litecoin ($LTC<\/a>). To date, Bitcoin of America has 1800 plus BTMs across 31 states.\u00a0<\/p>\n\n\n\n

Bitcoin of America has made several updates to its BTMs with the announcement of its new Universal Kiosk.\u00a0The new universal kiosk combines the capabilities of a traditional ATM with a Bitcoin ATM and offers 3 main functions. The first is the traditional ATM feature where customers can dispense cash from a debit card. The second function is being able to\u00a0buy cryptocurrency\u00a0with cash. The last is that customers can sell crypto in return for cash.<\/p>\n\n\n\n

Dogecoin has rallied in the past few days going from $0.123 to a high of $0.140. The current market cap is sitting at US$18 billion.<\/p>\n\n\n\n

\"\"
Dogecoin 2-Day Price Data - Source: CoinMarketCap<\/figcaption><\/figure>\n","post_title":"Bitcoin ATM Operator Now Supports $DOGE","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"bitcoin-atm-operator-now-supports-doge","to_ping":"","pinged":"","post_modified":"2023-04-11 12:50:37","post_modified_gmt":"2023-04-11 02:50:37","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=4106","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":4087,"post_author":"1","post_date":"2022-03-24 23:37:18","post_date_gmt":"2022-03-24 12:37:18","post_content":"\n

In a\u00a0blog post<\/a>\u00a0by Loopring's head of growth, Adam Browman states that \"the GameStop NFT Marketplace has taken its first steps to welcome users, and it is built atop Loopring!\"<\/p>\n\n\n\n

Browman believes that the project \"has the potential to cement itself at the forefront of this new paradigm and become the destination for global digital economies.\" The blog post states that users can get early access to the project now to set up usernames and profiles, as well as make their first deposits.<\/p>\n\n\n\n

GameStop and NFTs<\/h2>\n\n\n\n

Rumors circulating since November\u00a0suggested that Loopring might be working with GameStop on a metaverse-related project. The Wall Street Journal\u00a0reported<\/a> in January\u00a0that GameStop was planning to build a new team focused on NFTs.<\/p>\n\n\n\n

Soon after that announcement, GameStop mentioned Immuntable X as their primary partner for the project. Despite this fact, Loopring was mentioned<\/a> at the time in an SEC filing<\/a>.<\/p>\n\n\n\n

According to an article from Decrypt<\/a>, there has been a lot of confusion on the topic and who is powering the NFT marketplace. It turns out that both Loopring and Immutable X are powering the NFT plans of GameStop. Although Immutable X tweeted<\/a> in a thread how they are the \"preferred partner\".<\/p>\n\n\n\n

Immutable mentioned the Loopring integration \u201cwas not a surprise (and we welcome them!).\" The marketplace will act as an aggregator across NFT minting platforms. Although, it appears that Immutable X will receive the most focus on the marketplace being the \"preferred partner\".<\/p>\n\n\n\n

\nhttps:\/\/twitter.com\/Immutable\/status\/1506596126677295108\n<\/div><\/figure>\n\n\n\n

Since the announcement, $LRC<\/a>, the native token of Layer 2 blockchain<\/a> Loopring has soared over 35% to a high of $1.21. Although it is now trading steadily at $1.09. Loopring is currently sitting at a market cap of US$1.46 billion, according to data from CoinMarketCap.<\/p>\n\n\n\n

$IMX<\/a>, the token on the Immutable X blockchain is down 8.9% in the past 24 hours, trading at $2.19, according to data from CoinMarketCap.<\/p>\n\n\n\n

The other company in the mix, GameStop also had a huge day seeing a 14.5% gain to $141 in GME<\/a> stocks. Over 24 million GME shares were traded today alone. <\/p>\n","post_title":"GameStop NFT Marketplace Has Entered Beta, Integrated With Loopring","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"gamestop-nft-marketplace-has-entered-beta-integrated-with-loopring","to_ping":"","pinged":"","post_modified":"2022-03-24 23:37:42","post_modified_gmt":"2022-03-24 12:37:42","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=4087","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":4089,"post_author":"1","post_date":"2022-03-24 22:46:11","post_date_gmt":"2022-03-24 11:46:11","post_content":"\n

Floyd \u2019Money\u2019 Mayweather has re-entered the world of cryptocurrency with the announcement of his 2nd NFT project, dubbed Mayweverse. <\/p>\n\n\n\n

The project will consist of 5 different NFTs, each NFT will have 1000 copies available to mint. Every card has its own rarity, utility, and prizes. <\/p>\n\n\n\n

Despite how good it may sounds, Twitter users were quick to criticize. Floyd was reminded<\/a> of his previous NFT project<\/a>, which made him nearly US$5 million and is now worthless. \u201cYou already have an NFT project, it\u2019s called @RealFloydNFT. You released it last year and then stopped working on it immediately after. Have you been punched in the head so much that you\u2019re forgetting these things now?\u201d<\/p>\n\n\n\n

\nhttps:\/\/twitter.com\/Berke_eth\/status\/1506051809542037506\n<\/div><\/figure>\n\n\n\n

Users were quick to call his bluff<\/a>. Floyd states that he has been working on this for months, although the twitter handle @mayweverse<\/a> was created this month. <\/p>\n\n\n\n

Coffezilla, known for calling out rug pulls and scams within the industry tweeted<\/a> his thoughts on the NFT project. He states \"Floyd Mayweather is frantically deleting evidence of his last NFT scam. He's getting roasted by the investors.\" <\/p>\n\n\n\n

Will this NFT collection follow in the footsteps of his previous NFT collection and be abandoned, or will he stick by his word?<\/p>\n","post_title":"Floyd Mayweather Re-enters The World Of Crypto With \u2018Mayweverse\u2019 NFT Project","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"floyd-mayweather-re-enters-the-world-of-crypto-with-mayweverse-nft-project","to_ping":"","pinged":"","post_modified":"2022-03-24 23:37:53","post_modified_gmt":"2022-03-24 12:37:53","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=4089","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":4040,"post_author":"1","post_date":"2022-03-23 22:24:41","post_date_gmt":"2022-03-23 11:24:41","post_content":"\n

Crypto.com has announced<\/a> they are the official sponsor of the 2022 FIFA World Cup hosted in Qatar.<\/p>\n\n\n\n

As per their official announcement, Crypto.com will be the exclusive cryptocurrency trading platform sponsor of the event, benefitting from significant brand exposure both within and outside the stadiums.<\/p>\n\n\n\n

\nhttps:\/\/twitter.com\/cryptocom\/status\/1506424728818679808\n<\/div><\/figure>\n\n\n\n

\u201cCrypto.com has already demonstrated a commitment to supporting top-tier teams and leagues, major events and iconic venues across the world, and there is no platform bigger, or with a greater reach and cultural impact, than FIFA\u2019s global platform of football,\u201d<\/p>Kay Madati, FIFA\u2019s Chief Commercial Officer.<\/cite><\/blockquote>\n\n\n\n

In November of 2021, Crypto.com announced they bought the rights to the Staples Arena,<\/a> in a historic deal inked at US$700 million. Crypto.com has also\u00a0partnered with the Australian Football League<\/a>\u00a0in a $25 million deal, signed a $100-million sponsorship with Formula 1, and confirmed a $175 million sponsorship with the UFC.<\/p>\n\n\n\n

CEO and Co-Founder of Crypto.com Kris Marszalek believes that the sponsorship with the FIFA World Cup will \u201cdrive further awareness of Crypto.com globally.\u201d This is just one more addition to their expanding list of sponsorships worldwide.<\/p>\n","post_title":"CryptoCom Is The Main Sponsor Of The 2022 World Cup","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"crypto-com-is-the-main-sponsor-of-the-2022-world-cup","to_ping":"","pinged":"\nhttps:\/\/www.thedistributed.co\/crypto-com-arena-deal-sealed\/","post_modified":"2022-06-06 21:35:19","post_modified_gmt":"2022-06-06 11:35:19","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=4040","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};

1 76 77 78 79 80 85

Most Read

Subscribe To Our Newsletter

By subscribing, you agree with our privacy and terms.

Follow The Distributed

ADVERTISEMENT
\n
\nhttps:\/\/twitter.com\/BTCofAmerica\/status\/1506632012454629390?ref_src=twsrc%5Etfw%7Ctwcamp%5Etweetembed%7Ctwterm%5E1506632012454629390%7Ctwgr%5E%7Ctwcon%5Es1_&ref_url=https%3A%2F%2Fu.today%2Fdogecoin-now-added-to-bitcoin-of-america-atms-details\n<\/div><\/figure>\n\n\n\n

After recognizing the popularity of the meme-coin and the attention it could bring, Bitcoin of America added the currency to their BTMs. Dogecoin ($DOGE<\/a>) is now available for transactions alongside Bitcoin ($BTC<\/a>), Ethereum ($ETH<\/a>), and Litecoin ($LTC<\/a>). To date, Bitcoin of America has 1800 plus BTMs across 31 states.\u00a0<\/p>\n\n\n\n

Bitcoin of America has made several updates to its BTMs with the announcement of its new Universal Kiosk.\u00a0The new universal kiosk combines the capabilities of a traditional ATM with a Bitcoin ATM and offers 3 main functions. The first is the traditional ATM feature where customers can dispense cash from a debit card. The second function is being able to\u00a0buy cryptocurrency\u00a0with cash. The last is that customers can sell crypto in return for cash.<\/p>\n\n\n\n

Dogecoin has rallied in the past few days going from $0.123 to a high of $0.140. The current market cap is sitting at US$18 billion.<\/p>\n\n\n\n

\"\"
Dogecoin 2-Day Price Data - Source: CoinMarketCap<\/figcaption><\/figure>\n","post_title":"Bitcoin ATM Operator Now Supports $DOGE","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"bitcoin-atm-operator-now-supports-doge","to_ping":"","pinged":"","post_modified":"2023-04-11 12:50:37","post_modified_gmt":"2023-04-11 02:50:37","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=4106","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":4087,"post_author":"1","post_date":"2022-03-24 23:37:18","post_date_gmt":"2022-03-24 12:37:18","post_content":"\n

In a\u00a0blog post<\/a>\u00a0by Loopring's head of growth, Adam Browman states that \"the GameStop NFT Marketplace has taken its first steps to welcome users, and it is built atop Loopring!\"<\/p>\n\n\n\n

Browman believes that the project \"has the potential to cement itself at the forefront of this new paradigm and become the destination for global digital economies.\" The blog post states that users can get early access to the project now to set up usernames and profiles, as well as make their first deposits.<\/p>\n\n\n\n

GameStop and NFTs<\/h2>\n\n\n\n

Rumors circulating since November\u00a0suggested that Loopring might be working with GameStop on a metaverse-related project. The Wall Street Journal\u00a0reported<\/a> in January\u00a0that GameStop was planning to build a new team focused on NFTs.<\/p>\n\n\n\n

Soon after that announcement, GameStop mentioned Immuntable X as their primary partner for the project. Despite this fact, Loopring was mentioned<\/a> at the time in an SEC filing<\/a>.<\/p>\n\n\n\n

According to an article from Decrypt<\/a>, there has been a lot of confusion on the topic and who is powering the NFT marketplace. It turns out that both Loopring and Immutable X are powering the NFT plans of GameStop. Although Immutable X tweeted<\/a> in a thread how they are the \"preferred partner\".<\/p>\n\n\n\n

Immutable mentioned the Loopring integration \u201cwas not a surprise (and we welcome them!).\" The marketplace will act as an aggregator across NFT minting platforms. Although, it appears that Immutable X will receive the most focus on the marketplace being the \"preferred partner\".<\/p>\n\n\n\n

\nhttps:\/\/twitter.com\/Immutable\/status\/1506596126677295108\n<\/div><\/figure>\n\n\n\n

Since the announcement, $LRC<\/a>, the native token of Layer 2 blockchain<\/a> Loopring has soared over 35% to a high of $1.21. Although it is now trading steadily at $1.09. Loopring is currently sitting at a market cap of US$1.46 billion, according to data from CoinMarketCap.<\/p>\n\n\n\n

$IMX<\/a>, the token on the Immutable X blockchain is down 8.9% in the past 24 hours, trading at $2.19, according to data from CoinMarketCap.<\/p>\n\n\n\n

The other company in the mix, GameStop also had a huge day seeing a 14.5% gain to $141 in GME<\/a> stocks. Over 24 million GME shares were traded today alone. <\/p>\n","post_title":"GameStop NFT Marketplace Has Entered Beta, Integrated With Loopring","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"gamestop-nft-marketplace-has-entered-beta-integrated-with-loopring","to_ping":"","pinged":"","post_modified":"2022-03-24 23:37:42","post_modified_gmt":"2022-03-24 12:37:42","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=4087","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":4089,"post_author":"1","post_date":"2022-03-24 22:46:11","post_date_gmt":"2022-03-24 11:46:11","post_content":"\n

Floyd \u2019Money\u2019 Mayweather has re-entered the world of cryptocurrency with the announcement of his 2nd NFT project, dubbed Mayweverse. <\/p>\n\n\n\n

The project will consist of 5 different NFTs, each NFT will have 1000 copies available to mint. Every card has its own rarity, utility, and prizes. <\/p>\n\n\n\n

Despite how good it may sounds, Twitter users were quick to criticize. Floyd was reminded<\/a> of his previous NFT project<\/a>, which made him nearly US$5 million and is now worthless. \u201cYou already have an NFT project, it\u2019s called @RealFloydNFT. You released it last year and then stopped working on it immediately after. Have you been punched in the head so much that you\u2019re forgetting these things now?\u201d<\/p>\n\n\n\n

\nhttps:\/\/twitter.com\/Berke_eth\/status\/1506051809542037506\n<\/div><\/figure>\n\n\n\n

Users were quick to call his bluff<\/a>. Floyd states that he has been working on this for months, although the twitter handle @mayweverse<\/a> was created this month. <\/p>\n\n\n\n

Coffezilla, known for calling out rug pulls and scams within the industry tweeted<\/a> his thoughts on the NFT project. He states \"Floyd Mayweather is frantically deleting evidence of his last NFT scam. He's getting roasted by the investors.\" <\/p>\n\n\n\n

Will this NFT collection follow in the footsteps of his previous NFT collection and be abandoned, or will he stick by his word?<\/p>\n","post_title":"Floyd Mayweather Re-enters The World Of Crypto With \u2018Mayweverse\u2019 NFT Project","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"floyd-mayweather-re-enters-the-world-of-crypto-with-mayweverse-nft-project","to_ping":"","pinged":"","post_modified":"2022-03-24 23:37:53","post_modified_gmt":"2022-03-24 12:37:53","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=4089","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":4040,"post_author":"1","post_date":"2022-03-23 22:24:41","post_date_gmt":"2022-03-23 11:24:41","post_content":"\n

Crypto.com has announced<\/a> they are the official sponsor of the 2022 FIFA World Cup hosted in Qatar.<\/p>\n\n\n\n

As per their official announcement, Crypto.com will be the exclusive cryptocurrency trading platform sponsor of the event, benefitting from significant brand exposure both within and outside the stadiums.<\/p>\n\n\n\n

\nhttps:\/\/twitter.com\/cryptocom\/status\/1506424728818679808\n<\/div><\/figure>\n\n\n\n

\u201cCrypto.com has already demonstrated a commitment to supporting top-tier teams and leagues, major events and iconic venues across the world, and there is no platform bigger, or with a greater reach and cultural impact, than FIFA\u2019s global platform of football,\u201d<\/p>Kay Madati, FIFA\u2019s Chief Commercial Officer.<\/cite><\/blockquote>\n\n\n\n

In November of 2021, Crypto.com announced they bought the rights to the Staples Arena,<\/a> in a historic deal inked at US$700 million. Crypto.com has also\u00a0partnered with the Australian Football League<\/a>\u00a0in a $25 million deal, signed a $100-million sponsorship with Formula 1, and confirmed a $175 million sponsorship with the UFC.<\/p>\n\n\n\n

CEO and Co-Founder of Crypto.com Kris Marszalek believes that the sponsorship with the FIFA World Cup will \u201cdrive further awareness of Crypto.com globally.\u201d This is just one more addition to their expanding list of sponsorships worldwide.<\/p>\n","post_title":"CryptoCom Is The Main Sponsor Of The 2022 World Cup","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"crypto-com-is-the-main-sponsor-of-the-2022-world-cup","to_ping":"","pinged":"\nhttps:\/\/www.thedistributed.co\/crypto-com-arena-deal-sealed\/","post_modified":"2022-06-06 21:35:19","post_modified_gmt":"2022-06-06 11:35:19","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=4040","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};

1 76 77 78 79 80 85

Most Read

Subscribe To Our Newsletter

By subscribing, you agree with our privacy and terms.

Follow The Distributed

ADVERTISEMENT
\n

Bitcoin ATM operator, Bitcoin of America<\/a> announced<\/a> in a press release that their ATMs support the transaction of Dogecoin ($DOGE).<\/p>\n\n\n\n

\nhttps:\/\/twitter.com\/BTCofAmerica\/status\/1506632012454629390?ref_src=twsrc%5Etfw%7Ctwcamp%5Etweetembed%7Ctwterm%5E1506632012454629390%7Ctwgr%5E%7Ctwcon%5Es1_&ref_url=https%3A%2F%2Fu.today%2Fdogecoin-now-added-to-bitcoin-of-america-atms-details\n<\/div><\/figure>\n\n\n\n

After recognizing the popularity of the meme-coin and the attention it could bring, Bitcoin of America added the currency to their BTMs. Dogecoin ($DOGE<\/a>) is now available for transactions alongside Bitcoin ($BTC<\/a>), Ethereum ($ETH<\/a>), and Litecoin ($LTC<\/a>). To date, Bitcoin of America has 1800 plus BTMs across 31 states.\u00a0<\/p>\n\n\n\n

Bitcoin of America has made several updates to its BTMs with the announcement of its new Universal Kiosk.\u00a0The new universal kiosk combines the capabilities of a traditional ATM with a Bitcoin ATM and offers 3 main functions. The first is the traditional ATM feature where customers can dispense cash from a debit card. The second function is being able to\u00a0buy cryptocurrency\u00a0with cash. The last is that customers can sell crypto in return for cash.<\/p>\n\n\n\n

Dogecoin has rallied in the past few days going from $0.123 to a high of $0.140. The current market cap is sitting at US$18 billion.<\/p>\n\n\n\n

\"\"
Dogecoin 2-Day Price Data - Source: CoinMarketCap<\/figcaption><\/figure>\n","post_title":"Bitcoin ATM Operator Now Supports $DOGE","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"bitcoin-atm-operator-now-supports-doge","to_ping":"","pinged":"","post_modified":"2023-04-11 12:50:37","post_modified_gmt":"2023-04-11 02:50:37","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=4106","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":4087,"post_author":"1","post_date":"2022-03-24 23:37:18","post_date_gmt":"2022-03-24 12:37:18","post_content":"\n

In a\u00a0blog post<\/a>\u00a0by Loopring's head of growth, Adam Browman states that \"the GameStop NFT Marketplace has taken its first steps to welcome users, and it is built atop Loopring!\"<\/p>\n\n\n\n

Browman believes that the project \"has the potential to cement itself at the forefront of this new paradigm and become the destination for global digital economies.\" The blog post states that users can get early access to the project now to set up usernames and profiles, as well as make their first deposits.<\/p>\n\n\n\n

GameStop and NFTs<\/h2>\n\n\n\n

Rumors circulating since November\u00a0suggested that Loopring might be working with GameStop on a metaverse-related project. The Wall Street Journal\u00a0reported<\/a> in January\u00a0that GameStop was planning to build a new team focused on NFTs.<\/p>\n\n\n\n

Soon after that announcement, GameStop mentioned Immuntable X as their primary partner for the project. Despite this fact, Loopring was mentioned<\/a> at the time in an SEC filing<\/a>.<\/p>\n\n\n\n

According to an article from Decrypt<\/a>, there has been a lot of confusion on the topic and who is powering the NFT marketplace. It turns out that both Loopring and Immutable X are powering the NFT plans of GameStop. Although Immutable X tweeted<\/a> in a thread how they are the \"preferred partner\".<\/p>\n\n\n\n

Immutable mentioned the Loopring integration \u201cwas not a surprise (and we welcome them!).\" The marketplace will act as an aggregator across NFT minting platforms. Although, it appears that Immutable X will receive the most focus on the marketplace being the \"preferred partner\".<\/p>\n\n\n\n

\nhttps:\/\/twitter.com\/Immutable\/status\/1506596126677295108\n<\/div><\/figure>\n\n\n\n

Since the announcement, $LRC<\/a>, the native token of Layer 2 blockchain<\/a> Loopring has soared over 35% to a high of $1.21. Although it is now trading steadily at $1.09. Loopring is currently sitting at a market cap of US$1.46 billion, according to data from CoinMarketCap.<\/p>\n\n\n\n

$IMX<\/a>, the token on the Immutable X blockchain is down 8.9% in the past 24 hours, trading at $2.19, according to data from CoinMarketCap.<\/p>\n\n\n\n

The other company in the mix, GameStop also had a huge day seeing a 14.5% gain to $141 in GME<\/a> stocks. Over 24 million GME shares were traded today alone. <\/p>\n","post_title":"GameStop NFT Marketplace Has Entered Beta, Integrated With Loopring","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"gamestop-nft-marketplace-has-entered-beta-integrated-with-loopring","to_ping":"","pinged":"","post_modified":"2022-03-24 23:37:42","post_modified_gmt":"2022-03-24 12:37:42","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=4087","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":4089,"post_author":"1","post_date":"2022-03-24 22:46:11","post_date_gmt":"2022-03-24 11:46:11","post_content":"\n

Floyd \u2019Money\u2019 Mayweather has re-entered the world of cryptocurrency with the announcement of his 2nd NFT project, dubbed Mayweverse. <\/p>\n\n\n\n

The project will consist of 5 different NFTs, each NFT will have 1000 copies available to mint. Every card has its own rarity, utility, and prizes. <\/p>\n\n\n\n

Despite how good it may sounds, Twitter users were quick to criticize. Floyd was reminded<\/a> of his previous NFT project<\/a>, which made him nearly US$5 million and is now worthless. \u201cYou already have an NFT project, it\u2019s called @RealFloydNFT. You released it last year and then stopped working on it immediately after. Have you been punched in the head so much that you\u2019re forgetting these things now?\u201d<\/p>\n\n\n\n

\nhttps:\/\/twitter.com\/Berke_eth\/status\/1506051809542037506\n<\/div><\/figure>\n\n\n\n

Users were quick to call his bluff<\/a>. Floyd states that he has been working on this for months, although the twitter handle @mayweverse<\/a> was created this month. <\/p>\n\n\n\n

Coffezilla, known for calling out rug pulls and scams within the industry tweeted<\/a> his thoughts on the NFT project. He states \"Floyd Mayweather is frantically deleting evidence of his last NFT scam. He's getting roasted by the investors.\" <\/p>\n\n\n\n

Will this NFT collection follow in the footsteps of his previous NFT collection and be abandoned, or will he stick by his word?<\/p>\n","post_title":"Floyd Mayweather Re-enters The World Of Crypto With \u2018Mayweverse\u2019 NFT Project","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"floyd-mayweather-re-enters-the-world-of-crypto-with-mayweverse-nft-project","to_ping":"","pinged":"","post_modified":"2022-03-24 23:37:53","post_modified_gmt":"2022-03-24 12:37:53","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=4089","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":4040,"post_author":"1","post_date":"2022-03-23 22:24:41","post_date_gmt":"2022-03-23 11:24:41","post_content":"\n

Crypto.com has announced<\/a> they are the official sponsor of the 2022 FIFA World Cup hosted in Qatar.<\/p>\n\n\n\n

As per their official announcement, Crypto.com will be the exclusive cryptocurrency trading platform sponsor of the event, benefitting from significant brand exposure both within and outside the stadiums.<\/p>\n\n\n\n

\nhttps:\/\/twitter.com\/cryptocom\/status\/1506424728818679808\n<\/div><\/figure>\n\n\n\n

\u201cCrypto.com has already demonstrated a commitment to supporting top-tier teams and leagues, major events and iconic venues across the world, and there is no platform bigger, or with a greater reach and cultural impact, than FIFA\u2019s global platform of football,\u201d<\/p>Kay Madati, FIFA\u2019s Chief Commercial Officer.<\/cite><\/blockquote>\n\n\n\n

In November of 2021, Crypto.com announced they bought the rights to the Staples Arena,<\/a> in a historic deal inked at US$700 million. Crypto.com has also\u00a0partnered with the Australian Football League<\/a>\u00a0in a $25 million deal, signed a $100-million sponsorship with Formula 1, and confirmed a $175 million sponsorship with the UFC.<\/p>\n\n\n\n

CEO and Co-Founder of Crypto.com Kris Marszalek believes that the sponsorship with the FIFA World Cup will \u201cdrive further awareness of Crypto.com globally.\u201d This is just one more addition to their expanding list of sponsorships worldwide.<\/p>\n","post_title":"CryptoCom Is The Main Sponsor Of The 2022 World Cup","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"crypto-com-is-the-main-sponsor-of-the-2022-world-cup","to_ping":"","pinged":"\nhttps:\/\/www.thedistributed.co\/crypto-com-arena-deal-sealed\/","post_modified":"2022-06-06 21:35:19","post_modified_gmt":"2022-06-06 11:35:19","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=4040","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};

1 76 77 78 79 80 85

Most Read

Subscribe To Our Newsletter

By subscribing, you agree with our privacy and terms.

Follow The Distributed

ADVERTISEMENT
\n

Non-Fungible Planet is implicative of Non-Fungible Tokens (NFTs<\/a>) which have taken the crypto industry by storm in the last few years. Although the filing itself makes no mention of NFTs. Non-fungible can be defined as something that cannot be replicated like for like, so in reference to Google's campaign, this could be that we only have one planet and mustn't spoil it.<\/p>\n","post_title":"'Non-Fungible Planet' Is Google's Newest Trademark Filing","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"non-fungible-planet-is-googles-newest-trademark-filing","to_ping":"","pinged":"","post_modified":"2022-03-26 17:43:23","post_modified_gmt":"2022-03-26 06:43:23","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=4110","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":4106,"post_author":"1","post_date":"2022-03-25 21:40:55","post_date_gmt":"2022-03-25 10:40:55","post_content":"\n

Bitcoin ATM operator, Bitcoin of America<\/a> announced<\/a> in a press release that their ATMs support the transaction of Dogecoin ($DOGE).<\/p>\n\n\n\n

\nhttps:\/\/twitter.com\/BTCofAmerica\/status\/1506632012454629390?ref_src=twsrc%5Etfw%7Ctwcamp%5Etweetembed%7Ctwterm%5E1506632012454629390%7Ctwgr%5E%7Ctwcon%5Es1_&ref_url=https%3A%2F%2Fu.today%2Fdogecoin-now-added-to-bitcoin-of-america-atms-details\n<\/div><\/figure>\n\n\n\n

After recognizing the popularity of the meme-coin and the attention it could bring, Bitcoin of America added the currency to their BTMs. Dogecoin ($DOGE<\/a>) is now available for transactions alongside Bitcoin ($BTC<\/a>), Ethereum ($ETH<\/a>), and Litecoin ($LTC<\/a>). To date, Bitcoin of America has 1800 plus BTMs across 31 states.\u00a0<\/p>\n\n\n\n

Bitcoin of America has made several updates to its BTMs with the announcement of its new Universal Kiosk.\u00a0The new universal kiosk combines the capabilities of a traditional ATM with a Bitcoin ATM and offers 3 main functions. The first is the traditional ATM feature where customers can dispense cash from a debit card. The second function is being able to\u00a0buy cryptocurrency\u00a0with cash. The last is that customers can sell crypto in return for cash.<\/p>\n\n\n\n

Dogecoin has rallied in the past few days going from $0.123 to a high of $0.140. The current market cap is sitting at US$18 billion.<\/p>\n\n\n\n

\"\"
Dogecoin 2-Day Price Data - Source: CoinMarketCap<\/figcaption><\/figure>\n","post_title":"Bitcoin ATM Operator Now Supports $DOGE","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"bitcoin-atm-operator-now-supports-doge","to_ping":"","pinged":"","post_modified":"2023-04-11 12:50:37","post_modified_gmt":"2023-04-11 02:50:37","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=4106","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":4087,"post_author":"1","post_date":"2022-03-24 23:37:18","post_date_gmt":"2022-03-24 12:37:18","post_content":"\n

In a\u00a0blog post<\/a>\u00a0by Loopring's head of growth, Adam Browman states that \"the GameStop NFT Marketplace has taken its first steps to welcome users, and it is built atop Loopring!\"<\/p>\n\n\n\n

Browman believes that the project \"has the potential to cement itself at the forefront of this new paradigm and become the destination for global digital economies.\" The blog post states that users can get early access to the project now to set up usernames and profiles, as well as make their first deposits.<\/p>\n\n\n\n

GameStop and NFTs<\/h2>\n\n\n\n

Rumors circulating since November\u00a0suggested that Loopring might be working with GameStop on a metaverse-related project. The Wall Street Journal\u00a0reported<\/a> in January\u00a0that GameStop was planning to build a new team focused on NFTs.<\/p>\n\n\n\n

Soon after that announcement, GameStop mentioned Immuntable X as their primary partner for the project. Despite this fact, Loopring was mentioned<\/a> at the time in an SEC filing<\/a>.<\/p>\n\n\n\n

According to an article from Decrypt<\/a>, there has been a lot of confusion on the topic and who is powering the NFT marketplace. It turns out that both Loopring and Immutable X are powering the NFT plans of GameStop. Although Immutable X tweeted<\/a> in a thread how they are the \"preferred partner\".<\/p>\n\n\n\n

Immutable mentioned the Loopring integration \u201cwas not a surprise (and we welcome them!).\" The marketplace will act as an aggregator across NFT minting platforms. Although, it appears that Immutable X will receive the most focus on the marketplace being the \"preferred partner\".<\/p>\n\n\n\n

\nhttps:\/\/twitter.com\/Immutable\/status\/1506596126677295108\n<\/div><\/figure>\n\n\n\n

Since the announcement, $LRC<\/a>, the native token of Layer 2 blockchain<\/a> Loopring has soared over 35% to a high of $1.21. Although it is now trading steadily at $1.09. Loopring is currently sitting at a market cap of US$1.46 billion, according to data from CoinMarketCap.<\/p>\n\n\n\n

$IMX<\/a>, the token on the Immutable X blockchain is down 8.9% in the past 24 hours, trading at $2.19, according to data from CoinMarketCap.<\/p>\n\n\n\n

The other company in the mix, GameStop also had a huge day seeing a 14.5% gain to $141 in GME<\/a> stocks. Over 24 million GME shares were traded today alone. <\/p>\n","post_title":"GameStop NFT Marketplace Has Entered Beta, Integrated With Loopring","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"gamestop-nft-marketplace-has-entered-beta-integrated-with-loopring","to_ping":"","pinged":"","post_modified":"2022-03-24 23:37:42","post_modified_gmt":"2022-03-24 12:37:42","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=4087","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":4089,"post_author":"1","post_date":"2022-03-24 22:46:11","post_date_gmt":"2022-03-24 11:46:11","post_content":"\n

Floyd \u2019Money\u2019 Mayweather has re-entered the world of cryptocurrency with the announcement of his 2nd NFT project, dubbed Mayweverse. <\/p>\n\n\n\n

The project will consist of 5 different NFTs, each NFT will have 1000 copies available to mint. Every card has its own rarity, utility, and prizes. <\/p>\n\n\n\n

Despite how good it may sounds, Twitter users were quick to criticize. Floyd was reminded<\/a> of his previous NFT project<\/a>, which made him nearly US$5 million and is now worthless. \u201cYou already have an NFT project, it\u2019s called @RealFloydNFT. You released it last year and then stopped working on it immediately after. Have you been punched in the head so much that you\u2019re forgetting these things now?\u201d<\/p>\n\n\n\n

\nhttps:\/\/twitter.com\/Berke_eth\/status\/1506051809542037506\n<\/div><\/figure>\n\n\n\n

Users were quick to call his bluff<\/a>. Floyd states that he has been working on this for months, although the twitter handle @mayweverse<\/a> was created this month. <\/p>\n\n\n\n

Coffezilla, known for calling out rug pulls and scams within the industry tweeted<\/a> his thoughts on the NFT project. He states \"Floyd Mayweather is frantically deleting evidence of his last NFT scam. He's getting roasted by the investors.\" <\/p>\n\n\n\n

Will this NFT collection follow in the footsteps of his previous NFT collection and be abandoned, or will he stick by his word?<\/p>\n","post_title":"Floyd Mayweather Re-enters The World Of Crypto With \u2018Mayweverse\u2019 NFT Project","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"floyd-mayweather-re-enters-the-world-of-crypto-with-mayweverse-nft-project","to_ping":"","pinged":"","post_modified":"2022-03-24 23:37:53","post_modified_gmt":"2022-03-24 12:37:53","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=4089","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":4040,"post_author":"1","post_date":"2022-03-23 22:24:41","post_date_gmt":"2022-03-23 11:24:41","post_content":"\n

Crypto.com has announced<\/a> they are the official sponsor of the 2022 FIFA World Cup hosted in Qatar.<\/p>\n\n\n\n

As per their official announcement, Crypto.com will be the exclusive cryptocurrency trading platform sponsor of the event, benefitting from significant brand exposure both within and outside the stadiums.<\/p>\n\n\n\n

\nhttps:\/\/twitter.com\/cryptocom\/status\/1506424728818679808\n<\/div><\/figure>\n\n\n\n

\u201cCrypto.com has already demonstrated a commitment to supporting top-tier teams and leagues, major events and iconic venues across the world, and there is no platform bigger, or with a greater reach and cultural impact, than FIFA\u2019s global platform of football,\u201d<\/p>Kay Madati, FIFA\u2019s Chief Commercial Officer.<\/cite><\/blockquote>\n\n\n\n

In November of 2021, Crypto.com announced they bought the rights to the Staples Arena,<\/a> in a historic deal inked at US$700 million. Crypto.com has also\u00a0partnered with the Australian Football League<\/a>\u00a0in a $25 million deal, signed a $100-million sponsorship with Formula 1, and confirmed a $175 million sponsorship with the UFC.<\/p>\n\n\n\n

CEO and Co-Founder of Crypto.com Kris Marszalek believes that the sponsorship with the FIFA World Cup will \u201cdrive further awareness of Crypto.com globally.\u201d This is just one more addition to their expanding list of sponsorships worldwide.<\/p>\n","post_title":"CryptoCom Is The Main Sponsor Of The 2022 World Cup","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"crypto-com-is-the-main-sponsor-of-the-2022-world-cup","to_ping":"","pinged":"\nhttps:\/\/www.thedistributed.co\/crypto-com-arena-deal-sealed\/","post_modified":"2022-06-06 21:35:19","post_modified_gmt":"2022-06-06 11:35:19","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=4040","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};

1 76 77 78 79 80 85

Most Read

Subscribe To Our Newsletter

By subscribing, you agree with our privacy and terms.

Follow The Distributed

ADVERTISEMENT
\n

The project aims to provide \"educational and entertainment services, namely, providing online non-downloadable videos featuring information in the fields of environmental protection, conservation, energy efficiency, climate change, reducing carbon footprints, environmental issues and sustainability efforts.\"<\/p>\n\n\n\n

Non-Fungible Planet is implicative of Non-Fungible Tokens (NFTs<\/a>) which have taken the crypto industry by storm in the last few years. Although the filing itself makes no mention of NFTs. Non-fungible can be defined as something that cannot be replicated like for like, so in reference to Google's campaign, this could be that we only have one planet and mustn't spoil it.<\/p>\n","post_title":"'Non-Fungible Planet' Is Google's Newest Trademark Filing","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"non-fungible-planet-is-googles-newest-trademark-filing","to_ping":"","pinged":"","post_modified":"2022-03-26 17:43:23","post_modified_gmt":"2022-03-26 06:43:23","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=4110","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":4106,"post_author":"1","post_date":"2022-03-25 21:40:55","post_date_gmt":"2022-03-25 10:40:55","post_content":"\n

Bitcoin ATM operator, Bitcoin of America<\/a> announced<\/a> in a press release that their ATMs support the transaction of Dogecoin ($DOGE).<\/p>\n\n\n\n

\nhttps:\/\/twitter.com\/BTCofAmerica\/status\/1506632012454629390?ref_src=twsrc%5Etfw%7Ctwcamp%5Etweetembed%7Ctwterm%5E1506632012454629390%7Ctwgr%5E%7Ctwcon%5Es1_&ref_url=https%3A%2F%2Fu.today%2Fdogecoin-now-added-to-bitcoin-of-america-atms-details\n<\/div><\/figure>\n\n\n\n

After recognizing the popularity of the meme-coin and the attention it could bring, Bitcoin of America added the currency to their BTMs. Dogecoin ($DOGE<\/a>) is now available for transactions alongside Bitcoin ($BTC<\/a>), Ethereum ($ETH<\/a>), and Litecoin ($LTC<\/a>). To date, Bitcoin of America has 1800 plus BTMs across 31 states.\u00a0<\/p>\n\n\n\n

Bitcoin of America has made several updates to its BTMs with the announcement of its new Universal Kiosk.\u00a0The new universal kiosk combines the capabilities of a traditional ATM with a Bitcoin ATM and offers 3 main functions. The first is the traditional ATM feature where customers can dispense cash from a debit card. The second function is being able to\u00a0buy cryptocurrency\u00a0with cash. The last is that customers can sell crypto in return for cash.<\/p>\n\n\n\n

Dogecoin has rallied in the past few days going from $0.123 to a high of $0.140. The current market cap is sitting at US$18 billion.<\/p>\n\n\n\n

\"\"
Dogecoin 2-Day Price Data - Source: CoinMarketCap<\/figcaption><\/figure>\n","post_title":"Bitcoin ATM Operator Now Supports $DOGE","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"bitcoin-atm-operator-now-supports-doge","to_ping":"","pinged":"","post_modified":"2023-04-11 12:50:37","post_modified_gmt":"2023-04-11 02:50:37","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=4106","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":4087,"post_author":"1","post_date":"2022-03-24 23:37:18","post_date_gmt":"2022-03-24 12:37:18","post_content":"\n

In a\u00a0blog post<\/a>\u00a0by Loopring's head of growth, Adam Browman states that \"the GameStop NFT Marketplace has taken its first steps to welcome users, and it is built atop Loopring!\"<\/p>\n\n\n\n

Browman believes that the project \"has the potential to cement itself at the forefront of this new paradigm and become the destination for global digital economies.\" The blog post states that users can get early access to the project now to set up usernames and profiles, as well as make their first deposits.<\/p>\n\n\n\n

GameStop and NFTs<\/h2>\n\n\n\n

Rumors circulating since November\u00a0suggested that Loopring might be working with GameStop on a metaverse-related project. The Wall Street Journal\u00a0reported<\/a> in January\u00a0that GameStop was planning to build a new team focused on NFTs.<\/p>\n\n\n\n

Soon after that announcement, GameStop mentioned Immuntable X as their primary partner for the project. Despite this fact, Loopring was mentioned<\/a> at the time in an SEC filing<\/a>.<\/p>\n\n\n\n

According to an article from Decrypt<\/a>, there has been a lot of confusion on the topic and who is powering the NFT marketplace. It turns out that both Loopring and Immutable X are powering the NFT plans of GameStop. Although Immutable X tweeted<\/a> in a thread how they are the \"preferred partner\".<\/p>\n\n\n\n

Immutable mentioned the Loopring integration \u201cwas not a surprise (and we welcome them!).\" The marketplace will act as an aggregator across NFT minting platforms. Although, it appears that Immutable X will receive the most focus on the marketplace being the \"preferred partner\".<\/p>\n\n\n\n

\nhttps:\/\/twitter.com\/Immutable\/status\/1506596126677295108\n<\/div><\/figure>\n\n\n\n

Since the announcement, $LRC<\/a>, the native token of Layer 2 blockchain<\/a> Loopring has soared over 35% to a high of $1.21. Although it is now trading steadily at $1.09. Loopring is currently sitting at a market cap of US$1.46 billion, according to data from CoinMarketCap.<\/p>\n\n\n\n

$IMX<\/a>, the token on the Immutable X blockchain is down 8.9% in the past 24 hours, trading at $2.19, according to data from CoinMarketCap.<\/p>\n\n\n\n

The other company in the mix, GameStop also had a huge day seeing a 14.5% gain to $141 in GME<\/a> stocks. Over 24 million GME shares were traded today alone. <\/p>\n","post_title":"GameStop NFT Marketplace Has Entered Beta, Integrated With Loopring","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"gamestop-nft-marketplace-has-entered-beta-integrated-with-loopring","to_ping":"","pinged":"","post_modified":"2022-03-24 23:37:42","post_modified_gmt":"2022-03-24 12:37:42","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=4087","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":4089,"post_author":"1","post_date":"2022-03-24 22:46:11","post_date_gmt":"2022-03-24 11:46:11","post_content":"\n

Floyd \u2019Money\u2019 Mayweather has re-entered the world of cryptocurrency with the announcement of his 2nd NFT project, dubbed Mayweverse. <\/p>\n\n\n\n

The project will consist of 5 different NFTs, each NFT will have 1000 copies available to mint. Every card has its own rarity, utility, and prizes. <\/p>\n\n\n\n

Despite how good it may sounds, Twitter users were quick to criticize. Floyd was reminded<\/a> of his previous NFT project<\/a>, which made him nearly US$5 million and is now worthless. \u201cYou already have an NFT project, it\u2019s called @RealFloydNFT. You released it last year and then stopped working on it immediately after. Have you been punched in the head so much that you\u2019re forgetting these things now?\u201d<\/p>\n\n\n\n

\nhttps:\/\/twitter.com\/Berke_eth\/status\/1506051809542037506\n<\/div><\/figure>\n\n\n\n

Users were quick to call his bluff<\/a>. Floyd states that he has been working on this for months, although the twitter handle @mayweverse<\/a> was created this month. <\/p>\n\n\n\n

Coffezilla, known for calling out rug pulls and scams within the industry tweeted<\/a> his thoughts on the NFT project. He states \"Floyd Mayweather is frantically deleting evidence of his last NFT scam. He's getting roasted by the investors.\" <\/p>\n\n\n\n

Will this NFT collection follow in the footsteps of his previous NFT collection and be abandoned, or will he stick by his word?<\/p>\n","post_title":"Floyd Mayweather Re-enters The World Of Crypto With \u2018Mayweverse\u2019 NFT Project","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"floyd-mayweather-re-enters-the-world-of-crypto-with-mayweverse-nft-project","to_ping":"","pinged":"","post_modified":"2022-03-24 23:37:53","post_modified_gmt":"2022-03-24 12:37:53","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=4089","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":4040,"post_author":"1","post_date":"2022-03-23 22:24:41","post_date_gmt":"2022-03-23 11:24:41","post_content":"\n

Crypto.com has announced<\/a> they are the official sponsor of the 2022 FIFA World Cup hosted in Qatar.<\/p>\n\n\n\n

As per their official announcement, Crypto.com will be the exclusive cryptocurrency trading platform sponsor of the event, benefitting from significant brand exposure both within and outside the stadiums.<\/p>\n\n\n\n

\nhttps:\/\/twitter.com\/cryptocom\/status\/1506424728818679808\n<\/div><\/figure>\n\n\n\n

\u201cCrypto.com has already demonstrated a commitment to supporting top-tier teams and leagues, major events and iconic venues across the world, and there is no platform bigger, or with a greater reach and cultural impact, than FIFA\u2019s global platform of football,\u201d<\/p>Kay Madati, FIFA\u2019s Chief Commercial Officer.<\/cite><\/blockquote>\n\n\n\n

In November of 2021, Crypto.com announced they bought the rights to the Staples Arena,<\/a> in a historic deal inked at US$700 million. Crypto.com has also\u00a0partnered with the Australian Football League<\/a>\u00a0in a $25 million deal, signed a $100-million sponsorship with Formula 1, and confirmed a $175 million sponsorship with the UFC.<\/p>\n\n\n\n

CEO and Co-Founder of Crypto.com Kris Marszalek believes that the sponsorship with the FIFA World Cup will \u201cdrive further awareness of Crypto.com globally.\u201d This is just one more addition to their expanding list of sponsorships worldwide.<\/p>\n","post_title":"CryptoCom Is The Main Sponsor Of The 2022 World Cup","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"crypto-com-is-the-main-sponsor-of-the-2022-world-cup","to_ping":"","pinged":"\nhttps:\/\/www.thedistributed.co\/crypto-com-arena-deal-sealed\/","post_modified":"2022-06-06 21:35:19","post_modified_gmt":"2022-06-06 11:35:19","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=4040","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};

1 76 77 78 79 80 85

Most Read

Subscribe To Our Newsletter

By subscribing, you agree with our privacy and terms.

Follow The Distributed

ADVERTISEMENT
\n

The filing is an 'educational' campaign aimed at \u201cproviding information about environmental protection, conservation, energy efficiency, climate change, reducing carbon footprints, environmental issues and sustainability efforts\".<\/p>\n\n\n\n

The project aims to provide \"educational and entertainment services, namely, providing online non-downloadable videos featuring information in the fields of environmental protection, conservation, energy efficiency, climate change, reducing carbon footprints, environmental issues and sustainability efforts.\"<\/p>\n\n\n\n

Non-Fungible Planet is implicative of Non-Fungible Tokens (NFTs<\/a>) which have taken the crypto industry by storm in the last few years. Although the filing itself makes no mention of NFTs. Non-fungible can be defined as something that cannot be replicated like for like, so in reference to Google's campaign, this could be that we only have one planet and mustn't spoil it.<\/p>\n","post_title":"'Non-Fungible Planet' Is Google's Newest Trademark Filing","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"non-fungible-planet-is-googles-newest-trademark-filing","to_ping":"","pinged":"","post_modified":"2022-03-26 17:43:23","post_modified_gmt":"2022-03-26 06:43:23","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=4110","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":4106,"post_author":"1","post_date":"2022-03-25 21:40:55","post_date_gmt":"2022-03-25 10:40:55","post_content":"\n

Bitcoin ATM operator, Bitcoin of America<\/a> announced<\/a> in a press release that their ATMs support the transaction of Dogecoin ($DOGE).<\/p>\n\n\n\n

\nhttps:\/\/twitter.com\/BTCofAmerica\/status\/1506632012454629390?ref_src=twsrc%5Etfw%7Ctwcamp%5Etweetembed%7Ctwterm%5E1506632012454629390%7Ctwgr%5E%7Ctwcon%5Es1_&ref_url=https%3A%2F%2Fu.today%2Fdogecoin-now-added-to-bitcoin-of-america-atms-details\n<\/div><\/figure>\n\n\n\n

After recognizing the popularity of the meme-coin and the attention it could bring, Bitcoin of America added the currency to their BTMs. Dogecoin ($DOGE<\/a>) is now available for transactions alongside Bitcoin ($BTC<\/a>), Ethereum ($ETH<\/a>), and Litecoin ($LTC<\/a>). To date, Bitcoin of America has 1800 plus BTMs across 31 states.\u00a0<\/p>\n\n\n\n

Bitcoin of America has made several updates to its BTMs with the announcement of its new Universal Kiosk.\u00a0The new universal kiosk combines the capabilities of a traditional ATM with a Bitcoin ATM and offers 3 main functions. The first is the traditional ATM feature where customers can dispense cash from a debit card. The second function is being able to\u00a0buy cryptocurrency\u00a0with cash. The last is that customers can sell crypto in return for cash.<\/p>\n\n\n\n

Dogecoin has rallied in the past few days going from $0.123 to a high of $0.140. The current market cap is sitting at US$18 billion.<\/p>\n\n\n\n

\"\"
Dogecoin 2-Day Price Data - Source: CoinMarketCap<\/figcaption><\/figure>\n","post_title":"Bitcoin ATM Operator Now Supports $DOGE","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"bitcoin-atm-operator-now-supports-doge","to_ping":"","pinged":"","post_modified":"2023-04-11 12:50:37","post_modified_gmt":"2023-04-11 02:50:37","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=4106","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":4087,"post_author":"1","post_date":"2022-03-24 23:37:18","post_date_gmt":"2022-03-24 12:37:18","post_content":"\n

In a\u00a0blog post<\/a>\u00a0by Loopring's head of growth, Adam Browman states that \"the GameStop NFT Marketplace has taken its first steps to welcome users, and it is built atop Loopring!\"<\/p>\n\n\n\n

Browman believes that the project \"has the potential to cement itself at the forefront of this new paradigm and become the destination for global digital economies.\" The blog post states that users can get early access to the project now to set up usernames and profiles, as well as make their first deposits.<\/p>\n\n\n\n

GameStop and NFTs<\/h2>\n\n\n\n

Rumors circulating since November\u00a0suggested that Loopring might be working with GameStop on a metaverse-related project. The Wall Street Journal\u00a0reported<\/a> in January\u00a0that GameStop was planning to build a new team focused on NFTs.<\/p>\n\n\n\n

Soon after that announcement, GameStop mentioned Immuntable X as their primary partner for the project. Despite this fact, Loopring was mentioned<\/a> at the time in an SEC filing<\/a>.<\/p>\n\n\n\n

According to an article from Decrypt<\/a>, there has been a lot of confusion on the topic and who is powering the NFT marketplace. It turns out that both Loopring and Immutable X are powering the NFT plans of GameStop. Although Immutable X tweeted<\/a> in a thread how they are the \"preferred partner\".<\/p>\n\n\n\n

Immutable mentioned the Loopring integration \u201cwas not a surprise (and we welcome them!).\" The marketplace will act as an aggregator across NFT minting platforms. Although, it appears that Immutable X will receive the most focus on the marketplace being the \"preferred partner\".<\/p>\n\n\n\n

\nhttps:\/\/twitter.com\/Immutable\/status\/1506596126677295108\n<\/div><\/figure>\n\n\n\n

Since the announcement, $LRC<\/a>, the native token of Layer 2 blockchain<\/a> Loopring has soared over 35% to a high of $1.21. Although it is now trading steadily at $1.09. Loopring is currently sitting at a market cap of US$1.46 billion, according to data from CoinMarketCap.<\/p>\n\n\n\n

$IMX<\/a>, the token on the Immutable X blockchain is down 8.9% in the past 24 hours, trading at $2.19, according to data from CoinMarketCap.<\/p>\n\n\n\n

The other company in the mix, GameStop also had a huge day seeing a 14.5% gain to $141 in GME<\/a> stocks. Over 24 million GME shares were traded today alone. <\/p>\n","post_title":"GameStop NFT Marketplace Has Entered Beta, Integrated With Loopring","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"gamestop-nft-marketplace-has-entered-beta-integrated-with-loopring","to_ping":"","pinged":"","post_modified":"2022-03-24 23:37:42","post_modified_gmt":"2022-03-24 12:37:42","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=4087","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":4089,"post_author":"1","post_date":"2022-03-24 22:46:11","post_date_gmt":"2022-03-24 11:46:11","post_content":"\n

Floyd \u2019Money\u2019 Mayweather has re-entered the world of cryptocurrency with the announcement of his 2nd NFT project, dubbed Mayweverse. <\/p>\n\n\n\n

The project will consist of 5 different NFTs, each NFT will have 1000 copies available to mint. Every card has its own rarity, utility, and prizes. <\/p>\n\n\n\n

Despite how good it may sounds, Twitter users were quick to criticize. Floyd was reminded<\/a> of his previous NFT project<\/a>, which made him nearly US$5 million and is now worthless. \u201cYou already have an NFT project, it\u2019s called @RealFloydNFT. You released it last year and then stopped working on it immediately after. Have you been punched in the head so much that you\u2019re forgetting these things now?\u201d<\/p>\n\n\n\n

\nhttps:\/\/twitter.com\/Berke_eth\/status\/1506051809542037506\n<\/div><\/figure>\n\n\n\n

Users were quick to call his bluff<\/a>. Floyd states that he has been working on this for months, although the twitter handle @mayweverse<\/a> was created this month. <\/p>\n\n\n\n

Coffezilla, known for calling out rug pulls and scams within the industry tweeted<\/a> his thoughts on the NFT project. He states \"Floyd Mayweather is frantically deleting evidence of his last NFT scam. He's getting roasted by the investors.\" <\/p>\n\n\n\n

Will this NFT collection follow in the footsteps of his previous NFT collection and be abandoned, or will he stick by his word?<\/p>\n","post_title":"Floyd Mayweather Re-enters The World Of Crypto With \u2018Mayweverse\u2019 NFT Project","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"floyd-mayweather-re-enters-the-world-of-crypto-with-mayweverse-nft-project","to_ping":"","pinged":"","post_modified":"2022-03-24 23:37:53","post_modified_gmt":"2022-03-24 12:37:53","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=4089","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":4040,"post_author":"1","post_date":"2022-03-23 22:24:41","post_date_gmt":"2022-03-23 11:24:41","post_content":"\n

Crypto.com has announced<\/a> they are the official sponsor of the 2022 FIFA World Cup hosted in Qatar.<\/p>\n\n\n\n

As per their official announcement, Crypto.com will be the exclusive cryptocurrency trading platform sponsor of the event, benefitting from significant brand exposure both within and outside the stadiums.<\/p>\n\n\n\n

\nhttps:\/\/twitter.com\/cryptocom\/status\/1506424728818679808\n<\/div><\/figure>\n\n\n\n

\u201cCrypto.com has already demonstrated a commitment to supporting top-tier teams and leagues, major events and iconic venues across the world, and there is no platform bigger, or with a greater reach and cultural impact, than FIFA\u2019s global platform of football,\u201d<\/p>Kay Madati, FIFA\u2019s Chief Commercial Officer.<\/cite><\/blockquote>\n\n\n\n

In November of 2021, Crypto.com announced they bought the rights to the Staples Arena,<\/a> in a historic deal inked at US$700 million. Crypto.com has also\u00a0partnered with the Australian Football League<\/a>\u00a0in a $25 million deal, signed a $100-million sponsorship with Formula 1, and confirmed a $175 million sponsorship with the UFC.<\/p>\n\n\n\n

CEO and Co-Founder of Crypto.com Kris Marszalek believes that the sponsorship with the FIFA World Cup will \u201cdrive further awareness of Crypto.com globally.\u201d This is just one more addition to their expanding list of sponsorships worldwide.<\/p>\n","post_title":"CryptoCom Is The Main Sponsor Of The 2022 World Cup","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"crypto-com-is-the-main-sponsor-of-the-2022-world-cup","to_ping":"","pinged":"\nhttps:\/\/www.thedistributed.co\/crypto-com-arena-deal-sealed\/","post_modified":"2022-06-06 21:35:19","post_modified_gmt":"2022-06-06 11:35:19","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=4040","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};

1 76 77 78 79 80 85

Most Read

Subscribe To Our Newsletter

By subscribing, you agree with our privacy and terms.

Follow The Distributed

ADVERTISEMENT
\n

Google has filed<\/a> a trademark application for a 'Non-Fungible Planet'. Although it seems that the trademark has less to do with cryptocurrencies and more to do with environmental activism.<\/p>\n\n\n\n

The filing is an 'educational' campaign aimed at \u201cproviding information about environmental protection, conservation, energy efficiency, climate change, reducing carbon footprints, environmental issues and sustainability efforts\".<\/p>\n\n\n\n

The project aims to provide \"educational and entertainment services, namely, providing online non-downloadable videos featuring information in the fields of environmental protection, conservation, energy efficiency, climate change, reducing carbon footprints, environmental issues and sustainability efforts.\"<\/p>\n\n\n\n

Non-Fungible Planet is implicative of Non-Fungible Tokens (NFTs<\/a>) which have taken the crypto industry by storm in the last few years. Although the filing itself makes no mention of NFTs. Non-fungible can be defined as something that cannot be replicated like for like, so in reference to Google's campaign, this could be that we only have one planet and mustn't spoil it.<\/p>\n","post_title":"'Non-Fungible Planet' Is Google's Newest Trademark Filing","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"non-fungible-planet-is-googles-newest-trademark-filing","to_ping":"","pinged":"","post_modified":"2022-03-26 17:43:23","post_modified_gmt":"2022-03-26 06:43:23","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=4110","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":4106,"post_author":"1","post_date":"2022-03-25 21:40:55","post_date_gmt":"2022-03-25 10:40:55","post_content":"\n

Bitcoin ATM operator, Bitcoin of America<\/a> announced<\/a> in a press release that their ATMs support the transaction of Dogecoin ($DOGE).<\/p>\n\n\n\n

\nhttps:\/\/twitter.com\/BTCofAmerica\/status\/1506632012454629390?ref_src=twsrc%5Etfw%7Ctwcamp%5Etweetembed%7Ctwterm%5E1506632012454629390%7Ctwgr%5E%7Ctwcon%5Es1_&ref_url=https%3A%2F%2Fu.today%2Fdogecoin-now-added-to-bitcoin-of-america-atms-details\n<\/div><\/figure>\n\n\n\n

After recognizing the popularity of the meme-coin and the attention it could bring, Bitcoin of America added the currency to their BTMs. Dogecoin ($DOGE<\/a>) is now available for transactions alongside Bitcoin ($BTC<\/a>), Ethereum ($ETH<\/a>), and Litecoin ($LTC<\/a>). To date, Bitcoin of America has 1800 plus BTMs across 31 states.\u00a0<\/p>\n\n\n\n

Bitcoin of America has made several updates to its BTMs with the announcement of its new Universal Kiosk.\u00a0The new universal kiosk combines the capabilities of a traditional ATM with a Bitcoin ATM and offers 3 main functions. The first is the traditional ATM feature where customers can dispense cash from a debit card. The second function is being able to\u00a0buy cryptocurrency\u00a0with cash. The last is that customers can sell crypto in return for cash.<\/p>\n\n\n\n

Dogecoin has rallied in the past few days going from $0.123 to a high of $0.140. The current market cap is sitting at US$18 billion.<\/p>\n\n\n\n

\"\"
Dogecoin 2-Day Price Data - Source: CoinMarketCap<\/figcaption><\/figure>\n","post_title":"Bitcoin ATM Operator Now Supports $DOGE","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"bitcoin-atm-operator-now-supports-doge","to_ping":"","pinged":"","post_modified":"2023-04-11 12:50:37","post_modified_gmt":"2023-04-11 02:50:37","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=4106","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":4087,"post_author":"1","post_date":"2022-03-24 23:37:18","post_date_gmt":"2022-03-24 12:37:18","post_content":"\n

In a\u00a0blog post<\/a>\u00a0by Loopring's head of growth, Adam Browman states that \"the GameStop NFT Marketplace has taken its first steps to welcome users, and it is built atop Loopring!\"<\/p>\n\n\n\n

Browman believes that the project \"has the potential to cement itself at the forefront of this new paradigm and become the destination for global digital economies.\" The blog post states that users can get early access to the project now to set up usernames and profiles, as well as make their first deposits.<\/p>\n\n\n\n

GameStop and NFTs<\/h2>\n\n\n\n

Rumors circulating since November\u00a0suggested that Loopring might be working with GameStop on a metaverse-related project. The Wall Street Journal\u00a0reported<\/a> in January\u00a0that GameStop was planning to build a new team focused on NFTs.<\/p>\n\n\n\n

Soon after that announcement, GameStop mentioned Immuntable X as their primary partner for the project. Despite this fact, Loopring was mentioned<\/a> at the time in an SEC filing<\/a>.<\/p>\n\n\n\n

According to an article from Decrypt<\/a>, there has been a lot of confusion on the topic and who is powering the NFT marketplace. It turns out that both Loopring and Immutable X are powering the NFT plans of GameStop. Although Immutable X tweeted<\/a> in a thread how they are the \"preferred partner\".<\/p>\n\n\n\n

Immutable mentioned the Loopring integration \u201cwas not a surprise (and we welcome them!).\" The marketplace will act as an aggregator across NFT minting platforms. Although, it appears that Immutable X will receive the most focus on the marketplace being the \"preferred partner\".<\/p>\n\n\n\n

\nhttps:\/\/twitter.com\/Immutable\/status\/1506596126677295108\n<\/div><\/figure>\n\n\n\n

Since the announcement, $LRC<\/a>, the native token of Layer 2 blockchain<\/a> Loopring has soared over 35% to a high of $1.21. Although it is now trading steadily at $1.09. Loopring is currently sitting at a market cap of US$1.46 billion, according to data from CoinMarketCap.<\/p>\n\n\n\n

$IMX<\/a>, the token on the Immutable X blockchain is down 8.9% in the past 24 hours, trading at $2.19, according to data from CoinMarketCap.<\/p>\n\n\n\n

The other company in the mix, GameStop also had a huge day seeing a 14.5% gain to $141 in GME<\/a> stocks. Over 24 million GME shares were traded today alone. <\/p>\n","post_title":"GameStop NFT Marketplace Has Entered Beta, Integrated With Loopring","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"gamestop-nft-marketplace-has-entered-beta-integrated-with-loopring","to_ping":"","pinged":"","post_modified":"2022-03-24 23:37:42","post_modified_gmt":"2022-03-24 12:37:42","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=4087","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":4089,"post_author":"1","post_date":"2022-03-24 22:46:11","post_date_gmt":"2022-03-24 11:46:11","post_content":"\n

Floyd \u2019Money\u2019 Mayweather has re-entered the world of cryptocurrency with the announcement of his 2nd NFT project, dubbed Mayweverse. <\/p>\n\n\n\n

The project will consist of 5 different NFTs, each NFT will have 1000 copies available to mint. Every card has its own rarity, utility, and prizes. <\/p>\n\n\n\n

Despite how good it may sounds, Twitter users were quick to criticize. Floyd was reminded<\/a> of his previous NFT project<\/a>, which made him nearly US$5 million and is now worthless. \u201cYou already have an NFT project, it\u2019s called @RealFloydNFT. You released it last year and then stopped working on it immediately after. Have you been punched in the head so much that you\u2019re forgetting these things now?\u201d<\/p>\n\n\n\n

\nhttps:\/\/twitter.com\/Berke_eth\/status\/1506051809542037506\n<\/div><\/figure>\n\n\n\n

Users were quick to call his bluff<\/a>. Floyd states that he has been working on this for months, although the twitter handle @mayweverse<\/a> was created this month. <\/p>\n\n\n\n

Coffezilla, known for calling out rug pulls and scams within the industry tweeted<\/a> his thoughts on the NFT project. He states \"Floyd Mayweather is frantically deleting evidence of his last NFT scam. He's getting roasted by the investors.\" <\/p>\n\n\n\n

Will this NFT collection follow in the footsteps of his previous NFT collection and be abandoned, or will he stick by his word?<\/p>\n","post_title":"Floyd Mayweather Re-enters The World Of Crypto With \u2018Mayweverse\u2019 NFT Project","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"floyd-mayweather-re-enters-the-world-of-crypto-with-mayweverse-nft-project","to_ping":"","pinged":"","post_modified":"2022-03-24 23:37:53","post_modified_gmt":"2022-03-24 12:37:53","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=4089","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":4040,"post_author":"1","post_date":"2022-03-23 22:24:41","post_date_gmt":"2022-03-23 11:24:41","post_content":"\n

Crypto.com has announced<\/a> they are the official sponsor of the 2022 FIFA World Cup hosted in Qatar.<\/p>\n\n\n\n

As per their official announcement, Crypto.com will be the exclusive cryptocurrency trading platform sponsor of the event, benefitting from significant brand exposure both within and outside the stadiums.<\/p>\n\n\n\n

\nhttps:\/\/twitter.com\/cryptocom\/status\/1506424728818679808\n<\/div><\/figure>\n\n\n\n

\u201cCrypto.com has already demonstrated a commitment to supporting top-tier teams and leagues, major events and iconic venues across the world, and there is no platform bigger, or with a greater reach and cultural impact, than FIFA\u2019s global platform of football,\u201d<\/p>Kay Madati, FIFA\u2019s Chief Commercial Officer.<\/cite><\/blockquote>\n\n\n\n

In November of 2021, Crypto.com announced they bought the rights to the Staples Arena,<\/a> in a historic deal inked at US$700 million. Crypto.com has also\u00a0partnered with the Australian Football League<\/a>\u00a0in a $25 million deal, signed a $100-million sponsorship with Formula 1, and confirmed a $175 million sponsorship with the UFC.<\/p>\n\n\n\n

CEO and Co-Founder of Crypto.com Kris Marszalek believes that the sponsorship with the FIFA World Cup will \u201cdrive further awareness of Crypto.com globally.\u201d This is just one more addition to their expanding list of sponsorships worldwide.<\/p>\n","post_title":"CryptoCom Is The Main Sponsor Of The 2022 World Cup","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"crypto-com-is-the-main-sponsor-of-the-2022-world-cup","to_ping":"","pinged":"\nhttps:\/\/www.thedistributed.co\/crypto-com-arena-deal-sealed\/","post_modified":"2022-06-06 21:35:19","post_modified_gmt":"2022-06-06 11:35:19","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=4040","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};

1 76 77 78 79 80 85

Most Read

Subscribe To Our Newsletter

By subscribing, you agree with our privacy and terms.

Follow The Distributed

ADVERTISEMENT
\n

Many cryptocurrency companies and users are considering filing an appeal to the Indian Supreme Court. <\/p>\n","post_title":"Indian Parliament Passes A 30% Crypto Tax Law","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"indian-parliament-passes-a-30-crypto-tax-law","to_ping":"","pinged":"\nhttps:\/\/www.thedistributed.co\/petition-to-reduce-30-tax-on-crypto-gains-in-india-reaches-a-25000-signatures-milestone%ef%bf%bc\/","post_modified":"2022-03-26 17:42:58","post_modified_gmt":"2022-03-26 06:42:58","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=4116","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":4110,"post_author":"1","post_date":"2022-03-26 12:54:51","post_date_gmt":"2022-03-26 01:54:51","post_content":"\n

Google has filed<\/a> a trademark application for a 'Non-Fungible Planet'. Although it seems that the trademark has less to do with cryptocurrencies and more to do with environmental activism.<\/p>\n\n\n\n

The filing is an 'educational' campaign aimed at \u201cproviding information about environmental protection, conservation, energy efficiency, climate change, reducing carbon footprints, environmental issues and sustainability efforts\".<\/p>\n\n\n\n

The project aims to provide \"educational and entertainment services, namely, providing online non-downloadable videos featuring information in the fields of environmental protection, conservation, energy efficiency, climate change, reducing carbon footprints, environmental issues and sustainability efforts.\"<\/p>\n\n\n\n

Non-Fungible Planet is implicative of Non-Fungible Tokens (NFTs<\/a>) which have taken the crypto industry by storm in the last few years. Although the filing itself makes no mention of NFTs. Non-fungible can be defined as something that cannot be replicated like for like, so in reference to Google's campaign, this could be that we only have one planet and mustn't spoil it.<\/p>\n","post_title":"'Non-Fungible Planet' Is Google's Newest Trademark Filing","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"non-fungible-planet-is-googles-newest-trademark-filing","to_ping":"","pinged":"","post_modified":"2022-03-26 17:43:23","post_modified_gmt":"2022-03-26 06:43:23","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=4110","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":4106,"post_author":"1","post_date":"2022-03-25 21:40:55","post_date_gmt":"2022-03-25 10:40:55","post_content":"\n

Bitcoin ATM operator, Bitcoin of America<\/a> announced<\/a> in a press release that their ATMs support the transaction of Dogecoin ($DOGE).<\/p>\n\n\n\n

\nhttps:\/\/twitter.com\/BTCofAmerica\/status\/1506632012454629390?ref_src=twsrc%5Etfw%7Ctwcamp%5Etweetembed%7Ctwterm%5E1506632012454629390%7Ctwgr%5E%7Ctwcon%5Es1_&ref_url=https%3A%2F%2Fu.today%2Fdogecoin-now-added-to-bitcoin-of-america-atms-details\n<\/div><\/figure>\n\n\n\n

After recognizing the popularity of the meme-coin and the attention it could bring, Bitcoin of America added the currency to their BTMs. Dogecoin ($DOGE<\/a>) is now available for transactions alongside Bitcoin ($BTC<\/a>), Ethereum ($ETH<\/a>), and Litecoin ($LTC<\/a>). To date, Bitcoin of America has 1800 plus BTMs across 31 states.\u00a0<\/p>\n\n\n\n

Bitcoin of America has made several updates to its BTMs with the announcement of its new Universal Kiosk.\u00a0The new universal kiosk combines the capabilities of a traditional ATM with a Bitcoin ATM and offers 3 main functions. The first is the traditional ATM feature where customers can dispense cash from a debit card. The second function is being able to\u00a0buy cryptocurrency\u00a0with cash. The last is that customers can sell crypto in return for cash.<\/p>\n\n\n\n

Dogecoin has rallied in the past few days going from $0.123 to a high of $0.140. The current market cap is sitting at US$18 billion.<\/p>\n\n\n\n

\"\"
Dogecoin 2-Day Price Data - Source: CoinMarketCap<\/figcaption><\/figure>\n","post_title":"Bitcoin ATM Operator Now Supports $DOGE","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"bitcoin-atm-operator-now-supports-doge","to_ping":"","pinged":"","post_modified":"2023-04-11 12:50:37","post_modified_gmt":"2023-04-11 02:50:37","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=4106","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":4087,"post_author":"1","post_date":"2022-03-24 23:37:18","post_date_gmt":"2022-03-24 12:37:18","post_content":"\n

In a\u00a0blog post<\/a>\u00a0by Loopring's head of growth, Adam Browman states that \"the GameStop NFT Marketplace has taken its first steps to welcome users, and it is built atop Loopring!\"<\/p>\n\n\n\n

Browman believes that the project \"has the potential to cement itself at the forefront of this new paradigm and become the destination for global digital economies.\" The blog post states that users can get early access to the project now to set up usernames and profiles, as well as make their first deposits.<\/p>\n\n\n\n

GameStop and NFTs<\/h2>\n\n\n\n

Rumors circulating since November\u00a0suggested that Loopring might be working with GameStop on a metaverse-related project. The Wall Street Journal\u00a0reported<\/a> in January\u00a0that GameStop was planning to build a new team focused on NFTs.<\/p>\n\n\n\n

Soon after that announcement, GameStop mentioned Immuntable X as their primary partner for the project. Despite this fact, Loopring was mentioned<\/a> at the time in an SEC filing<\/a>.<\/p>\n\n\n\n

According to an article from Decrypt<\/a>, there has been a lot of confusion on the topic and who is powering the NFT marketplace. It turns out that both Loopring and Immutable X are powering the NFT plans of GameStop. Although Immutable X tweeted<\/a> in a thread how they are the \"preferred partner\".<\/p>\n\n\n\n

Immutable mentioned the Loopring integration \u201cwas not a surprise (and we welcome them!).\" The marketplace will act as an aggregator across NFT minting platforms. Although, it appears that Immutable X will receive the most focus on the marketplace being the \"preferred partner\".<\/p>\n\n\n\n

\nhttps:\/\/twitter.com\/Immutable\/status\/1506596126677295108\n<\/div><\/figure>\n\n\n\n

Since the announcement, $LRC<\/a>, the native token of Layer 2 blockchain<\/a> Loopring has soared over 35% to a high of $1.21. Although it is now trading steadily at $1.09. Loopring is currently sitting at a market cap of US$1.46 billion, according to data from CoinMarketCap.<\/p>\n\n\n\n

$IMX<\/a>, the token on the Immutable X blockchain is down 8.9% in the past 24 hours, trading at $2.19, according to data from CoinMarketCap.<\/p>\n\n\n\n

The other company in the mix, GameStop also had a huge day seeing a 14.5% gain to $141 in GME<\/a> stocks. Over 24 million GME shares were traded today alone. <\/p>\n","post_title":"GameStop NFT Marketplace Has Entered Beta, Integrated With Loopring","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"gamestop-nft-marketplace-has-entered-beta-integrated-with-loopring","to_ping":"","pinged":"","post_modified":"2022-03-24 23:37:42","post_modified_gmt":"2022-03-24 12:37:42","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=4087","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":4089,"post_author":"1","post_date":"2022-03-24 22:46:11","post_date_gmt":"2022-03-24 11:46:11","post_content":"\n

Floyd \u2019Money\u2019 Mayweather has re-entered the world of cryptocurrency with the announcement of his 2nd NFT project, dubbed Mayweverse. <\/p>\n\n\n\n

The project will consist of 5 different NFTs, each NFT will have 1000 copies available to mint. Every card has its own rarity, utility, and prizes. <\/p>\n\n\n\n

Despite how good it may sounds, Twitter users were quick to criticize. Floyd was reminded<\/a> of his previous NFT project<\/a>, which made him nearly US$5 million and is now worthless. \u201cYou already have an NFT project, it\u2019s called @RealFloydNFT. You released it last year and then stopped working on it immediately after. Have you been punched in the head so much that you\u2019re forgetting these things now?\u201d<\/p>\n\n\n\n

\nhttps:\/\/twitter.com\/Berke_eth\/status\/1506051809542037506\n<\/div><\/figure>\n\n\n\n

Users were quick to call his bluff<\/a>. Floyd states that he has been working on this for months, although the twitter handle @mayweverse<\/a> was created this month. <\/p>\n\n\n\n

Coffezilla, known for calling out rug pulls and scams within the industry tweeted<\/a> his thoughts on the NFT project. He states \"Floyd Mayweather is frantically deleting evidence of his last NFT scam. He's getting roasted by the investors.\" <\/p>\n\n\n\n

Will this NFT collection follow in the footsteps of his previous NFT collection and be abandoned, or will he stick by his word?<\/p>\n","post_title":"Floyd Mayweather Re-enters The World Of Crypto With \u2018Mayweverse\u2019 NFT Project","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"floyd-mayweather-re-enters-the-world-of-crypto-with-mayweverse-nft-project","to_ping":"","pinged":"","post_modified":"2022-03-24 23:37:53","post_modified_gmt":"2022-03-24 12:37:53","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=4089","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":4040,"post_author":"1","post_date":"2022-03-23 22:24:41","post_date_gmt":"2022-03-23 11:24:41","post_content":"\n

Crypto.com has announced<\/a> they are the official sponsor of the 2022 FIFA World Cup hosted in Qatar.<\/p>\n\n\n\n

As per their official announcement, Crypto.com will be the exclusive cryptocurrency trading platform sponsor of the event, benefitting from significant brand exposure both within and outside the stadiums.<\/p>\n\n\n\n

\nhttps:\/\/twitter.com\/cryptocom\/status\/1506424728818679808\n<\/div><\/figure>\n\n\n\n

\u201cCrypto.com has already demonstrated a commitment to supporting top-tier teams and leagues, major events and iconic venues across the world, and there is no platform bigger, or with a greater reach and cultural impact, than FIFA\u2019s global platform of football,\u201d<\/p>Kay Madati, FIFA\u2019s Chief Commercial Officer.<\/cite><\/blockquote>\n\n\n\n

In November of 2021, Crypto.com announced they bought the rights to the Staples Arena,<\/a> in a historic deal inked at US$700 million. Crypto.com has also\u00a0partnered with the Australian Football League<\/a>\u00a0in a $25 million deal, signed a $100-million sponsorship with Formula 1, and confirmed a $175 million sponsorship with the UFC.<\/p>\n\n\n\n

CEO and Co-Founder of Crypto.com Kris Marszalek believes that the sponsorship with the FIFA World Cup will \u201cdrive further awareness of Crypto.com globally.\u201d This is just one more addition to their expanding list of sponsorships worldwide.<\/p>\n","post_title":"CryptoCom Is The Main Sponsor Of The 2022 World Cup","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"crypto-com-is-the-main-sponsor-of-the-2022-world-cup","to_ping":"","pinged":"\nhttps:\/\/www.thedistributed.co\/crypto-com-arena-deal-sealed\/","post_modified":"2022-06-06 21:35:19","post_modified_gmt":"2022-06-06 11:35:19","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=4040","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};

1 76 77 78 79 80 85

Most Read

Subscribe To Our Newsletter

By subscribing, you agree with our privacy and terms.

Follow The Distributed

ADVERTISEMENT
\n

Sitharaman states the main reason for the tax is because people are profiting from it. Despite this Indians are still not able to take deductions for any losses.<\/p>\n\n\n\n

Many cryptocurrency companies and users are considering filing an appeal to the Indian Supreme Court. <\/p>\n","post_title":"Indian Parliament Passes A 30% Crypto Tax Law","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"indian-parliament-passes-a-30-crypto-tax-law","to_ping":"","pinged":"\nhttps:\/\/www.thedistributed.co\/petition-to-reduce-30-tax-on-crypto-gains-in-india-reaches-a-25000-signatures-milestone%ef%bf%bc\/","post_modified":"2022-03-26 17:42:58","post_modified_gmt":"2022-03-26 06:42:58","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=4116","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":4110,"post_author":"1","post_date":"2022-03-26 12:54:51","post_date_gmt":"2022-03-26 01:54:51","post_content":"\n

Google has filed<\/a> a trademark application for a 'Non-Fungible Planet'. Although it seems that the trademark has less to do with cryptocurrencies and more to do with environmental activism.<\/p>\n\n\n\n

The filing is an 'educational' campaign aimed at \u201cproviding information about environmental protection, conservation, energy efficiency, climate change, reducing carbon footprints, environmental issues and sustainability efforts\".<\/p>\n\n\n\n

The project aims to provide \"educational and entertainment services, namely, providing online non-downloadable videos featuring information in the fields of environmental protection, conservation, energy efficiency, climate change, reducing carbon footprints, environmental issues and sustainability efforts.\"<\/p>\n\n\n\n

Non-Fungible Planet is implicative of Non-Fungible Tokens (NFTs<\/a>) which have taken the crypto industry by storm in the last few years. Although the filing itself makes no mention of NFTs. Non-fungible can be defined as something that cannot be replicated like for like, so in reference to Google's campaign, this could be that we only have one planet and mustn't spoil it.<\/p>\n","post_title":"'Non-Fungible Planet' Is Google's Newest Trademark Filing","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"non-fungible-planet-is-googles-newest-trademark-filing","to_ping":"","pinged":"","post_modified":"2022-03-26 17:43:23","post_modified_gmt":"2022-03-26 06:43:23","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=4110","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":4106,"post_author":"1","post_date":"2022-03-25 21:40:55","post_date_gmt":"2022-03-25 10:40:55","post_content":"\n

Bitcoin ATM operator, Bitcoin of America<\/a> announced<\/a> in a press release that their ATMs support the transaction of Dogecoin ($DOGE).<\/p>\n\n\n\n

\nhttps:\/\/twitter.com\/BTCofAmerica\/status\/1506632012454629390?ref_src=twsrc%5Etfw%7Ctwcamp%5Etweetembed%7Ctwterm%5E1506632012454629390%7Ctwgr%5E%7Ctwcon%5Es1_&ref_url=https%3A%2F%2Fu.today%2Fdogecoin-now-added-to-bitcoin-of-america-atms-details\n<\/div><\/figure>\n\n\n\n

After recognizing the popularity of the meme-coin and the attention it could bring, Bitcoin of America added the currency to their BTMs. Dogecoin ($DOGE<\/a>) is now available for transactions alongside Bitcoin ($BTC<\/a>), Ethereum ($ETH<\/a>), and Litecoin ($LTC<\/a>). To date, Bitcoin of America has 1800 plus BTMs across 31 states.\u00a0<\/p>\n\n\n\n

Bitcoin of America has made several updates to its BTMs with the announcement of its new Universal Kiosk.\u00a0The new universal kiosk combines the capabilities of a traditional ATM with a Bitcoin ATM and offers 3 main functions. The first is the traditional ATM feature where customers can dispense cash from a debit card. The second function is being able to\u00a0buy cryptocurrency\u00a0with cash. The last is that customers can sell crypto in return for cash.<\/p>\n\n\n\n

Dogecoin has rallied in the past few days going from $0.123 to a high of $0.140. The current market cap is sitting at US$18 billion.<\/p>\n\n\n\n

\"\"
Dogecoin 2-Day Price Data - Source: CoinMarketCap<\/figcaption><\/figure>\n","post_title":"Bitcoin ATM Operator Now Supports $DOGE","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"bitcoin-atm-operator-now-supports-doge","to_ping":"","pinged":"","post_modified":"2023-04-11 12:50:37","post_modified_gmt":"2023-04-11 02:50:37","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=4106","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":4087,"post_author":"1","post_date":"2022-03-24 23:37:18","post_date_gmt":"2022-03-24 12:37:18","post_content":"\n

In a\u00a0blog post<\/a>\u00a0by Loopring's head of growth, Adam Browman states that \"the GameStop NFT Marketplace has taken its first steps to welcome users, and it is built atop Loopring!\"<\/p>\n\n\n\n

Browman believes that the project \"has the potential to cement itself at the forefront of this new paradigm and become the destination for global digital economies.\" The blog post states that users can get early access to the project now to set up usernames and profiles, as well as make their first deposits.<\/p>\n\n\n\n

GameStop and NFTs<\/h2>\n\n\n\n

Rumors circulating since November\u00a0suggested that Loopring might be working with GameStop on a metaverse-related project. The Wall Street Journal\u00a0reported<\/a> in January\u00a0that GameStop was planning to build a new team focused on NFTs.<\/p>\n\n\n\n

Soon after that announcement, GameStop mentioned Immuntable X as their primary partner for the project. Despite this fact, Loopring was mentioned<\/a> at the time in an SEC filing<\/a>.<\/p>\n\n\n\n

According to an article from Decrypt<\/a>, there has been a lot of confusion on the topic and who is powering the NFT marketplace. It turns out that both Loopring and Immutable X are powering the NFT plans of GameStop. Although Immutable X tweeted<\/a> in a thread how they are the \"preferred partner\".<\/p>\n\n\n\n

Immutable mentioned the Loopring integration \u201cwas not a surprise (and we welcome them!).\" The marketplace will act as an aggregator across NFT minting platforms. Although, it appears that Immutable X will receive the most focus on the marketplace being the \"preferred partner\".<\/p>\n\n\n\n

\nhttps:\/\/twitter.com\/Immutable\/status\/1506596126677295108\n<\/div><\/figure>\n\n\n\n

Since the announcement, $LRC<\/a>, the native token of Layer 2 blockchain<\/a> Loopring has soared over 35% to a high of $1.21. Although it is now trading steadily at $1.09. Loopring is currently sitting at a market cap of US$1.46 billion, according to data from CoinMarketCap.<\/p>\n\n\n\n

$IMX<\/a>, the token on the Immutable X blockchain is down 8.9% in the past 24 hours, trading at $2.19, according to data from CoinMarketCap.<\/p>\n\n\n\n

The other company in the mix, GameStop also had a huge day seeing a 14.5% gain to $141 in GME<\/a> stocks. Over 24 million GME shares were traded today alone. <\/p>\n","post_title":"GameStop NFT Marketplace Has Entered Beta, Integrated With Loopring","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"gamestop-nft-marketplace-has-entered-beta-integrated-with-loopring","to_ping":"","pinged":"","post_modified":"2022-03-24 23:37:42","post_modified_gmt":"2022-03-24 12:37:42","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=4087","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":4089,"post_author":"1","post_date":"2022-03-24 22:46:11","post_date_gmt":"2022-03-24 11:46:11","post_content":"\n

Floyd \u2019Money\u2019 Mayweather has re-entered the world of cryptocurrency with the announcement of his 2nd NFT project, dubbed Mayweverse. <\/p>\n\n\n\n

The project will consist of 5 different NFTs, each NFT will have 1000 copies available to mint. Every card has its own rarity, utility, and prizes. <\/p>\n\n\n\n

Despite how good it may sounds, Twitter users were quick to criticize. Floyd was reminded<\/a> of his previous NFT project<\/a>, which made him nearly US$5 million and is now worthless. \u201cYou already have an NFT project, it\u2019s called @RealFloydNFT. You released it last year and then stopped working on it immediately after. Have you been punched in the head so much that you\u2019re forgetting these things now?\u201d<\/p>\n\n\n\n

\nhttps:\/\/twitter.com\/Berke_eth\/status\/1506051809542037506\n<\/div><\/figure>\n\n\n\n

Users were quick to call his bluff<\/a>. Floyd states that he has been working on this for months, although the twitter handle @mayweverse<\/a> was created this month. <\/p>\n\n\n\n

Coffezilla, known for calling out rug pulls and scams within the industry tweeted<\/a> his thoughts on the NFT project. He states \"Floyd Mayweather is frantically deleting evidence of his last NFT scam. He's getting roasted by the investors.\" <\/p>\n\n\n\n

Will this NFT collection follow in the footsteps of his previous NFT collection and be abandoned, or will he stick by his word?<\/p>\n","post_title":"Floyd Mayweather Re-enters The World Of Crypto With \u2018Mayweverse\u2019 NFT Project","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"floyd-mayweather-re-enters-the-world-of-crypto-with-mayweverse-nft-project","to_ping":"","pinged":"","post_modified":"2022-03-24 23:37:53","post_modified_gmt":"2022-03-24 12:37:53","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=4089","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":4040,"post_author":"1","post_date":"2022-03-23 22:24:41","post_date_gmt":"2022-03-23 11:24:41","post_content":"\n

Crypto.com has announced<\/a> they are the official sponsor of the 2022 FIFA World Cup hosted in Qatar.<\/p>\n\n\n\n

As per their official announcement, Crypto.com will be the exclusive cryptocurrency trading platform sponsor of the event, benefitting from significant brand exposure both within and outside the stadiums.<\/p>\n\n\n\n

\nhttps:\/\/twitter.com\/cryptocom\/status\/1506424728818679808\n<\/div><\/figure>\n\n\n\n

\u201cCrypto.com has already demonstrated a commitment to supporting top-tier teams and leagues, major events and iconic venues across the world, and there is no platform bigger, or with a greater reach and cultural impact, than FIFA\u2019s global platform of football,\u201d<\/p>Kay Madati, FIFA\u2019s Chief Commercial Officer.<\/cite><\/blockquote>\n\n\n\n

In November of 2021, Crypto.com announced they bought the rights to the Staples Arena,<\/a> in a historic deal inked at US$700 million. Crypto.com has also\u00a0partnered with the Australian Football League<\/a>\u00a0in a $25 million deal, signed a $100-million sponsorship with Formula 1, and confirmed a $175 million sponsorship with the UFC.<\/p>\n\n\n\n

CEO and Co-Founder of Crypto.com Kris Marszalek believes that the sponsorship with the FIFA World Cup will \u201cdrive further awareness of Crypto.com globally.\u201d This is just one more addition to their expanding list of sponsorships worldwide.<\/p>\n","post_title":"CryptoCom Is The Main Sponsor Of The 2022 World Cup","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"crypto-com-is-the-main-sponsor-of-the-2022-world-cup","to_ping":"","pinged":"\nhttps:\/\/www.thedistributed.co\/crypto-com-arena-deal-sealed\/","post_modified":"2022-06-06 21:35:19","post_modified_gmt":"2022-06-06 11:35:19","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=4040","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};

1 76 77 78 79 80 85

Most Read

Subscribe To Our Newsletter

By subscribing, you agree with our privacy and terms.

Follow The Distributed

ADVERTISEMENT
\n

The bill was met with criticism in the government, 20+ members of the lower house of Parliment criticized the lack of definition of the word cryptocurrency in the bill arguing that this would \"finish the industry\". Criticisers were met with a sharp response that \"there is no confusing signal\". <\/p>\n\n\n\n

Sitharaman states the main reason for the tax is because people are profiting from it. Despite this Indians are still not able to take deductions for any losses.<\/p>\n\n\n\n

Many cryptocurrency companies and users are considering filing an appeal to the Indian Supreme Court. <\/p>\n","post_title":"Indian Parliament Passes A 30% Crypto Tax Law","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"indian-parliament-passes-a-30-crypto-tax-law","to_ping":"","pinged":"\nhttps:\/\/www.thedistributed.co\/petition-to-reduce-30-tax-on-crypto-gains-in-india-reaches-a-25000-signatures-milestone%ef%bf%bc\/","post_modified":"2022-03-26 17:42:58","post_modified_gmt":"2022-03-26 06:42:58","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=4116","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":4110,"post_author":"1","post_date":"2022-03-26 12:54:51","post_date_gmt":"2022-03-26 01:54:51","post_content":"\n

Google has filed<\/a> a trademark application for a 'Non-Fungible Planet'. Although it seems that the trademark has less to do with cryptocurrencies and more to do with environmental activism.<\/p>\n\n\n\n

The filing is an 'educational' campaign aimed at \u201cproviding information about environmental protection, conservation, energy efficiency, climate change, reducing carbon footprints, environmental issues and sustainability efforts\".<\/p>\n\n\n\n

The project aims to provide \"educational and entertainment services, namely, providing online non-downloadable videos featuring information in the fields of environmental protection, conservation, energy efficiency, climate change, reducing carbon footprints, environmental issues and sustainability efforts.\"<\/p>\n\n\n\n

Non-Fungible Planet is implicative of Non-Fungible Tokens (NFTs<\/a>) which have taken the crypto industry by storm in the last few years. Although the filing itself makes no mention of NFTs. Non-fungible can be defined as something that cannot be replicated like for like, so in reference to Google's campaign, this could be that we only have one planet and mustn't spoil it.<\/p>\n","post_title":"'Non-Fungible Planet' Is Google's Newest Trademark Filing","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"non-fungible-planet-is-googles-newest-trademark-filing","to_ping":"","pinged":"","post_modified":"2022-03-26 17:43:23","post_modified_gmt":"2022-03-26 06:43:23","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=4110","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":4106,"post_author":"1","post_date":"2022-03-25 21:40:55","post_date_gmt":"2022-03-25 10:40:55","post_content":"\n

Bitcoin ATM operator, Bitcoin of America<\/a> announced<\/a> in a press release that their ATMs support the transaction of Dogecoin ($DOGE).<\/p>\n\n\n\n

\nhttps:\/\/twitter.com\/BTCofAmerica\/status\/1506632012454629390?ref_src=twsrc%5Etfw%7Ctwcamp%5Etweetembed%7Ctwterm%5E1506632012454629390%7Ctwgr%5E%7Ctwcon%5Es1_&ref_url=https%3A%2F%2Fu.today%2Fdogecoin-now-added-to-bitcoin-of-america-atms-details\n<\/div><\/figure>\n\n\n\n

After recognizing the popularity of the meme-coin and the attention it could bring, Bitcoin of America added the currency to their BTMs. Dogecoin ($DOGE<\/a>) is now available for transactions alongside Bitcoin ($BTC<\/a>), Ethereum ($ETH<\/a>), and Litecoin ($LTC<\/a>). To date, Bitcoin of America has 1800 plus BTMs across 31 states.\u00a0<\/p>\n\n\n\n

Bitcoin of America has made several updates to its BTMs with the announcement of its new Universal Kiosk.\u00a0The new universal kiosk combines the capabilities of a traditional ATM with a Bitcoin ATM and offers 3 main functions. The first is the traditional ATM feature where customers can dispense cash from a debit card. The second function is being able to\u00a0buy cryptocurrency\u00a0with cash. The last is that customers can sell crypto in return for cash.<\/p>\n\n\n\n

Dogecoin has rallied in the past few days going from $0.123 to a high of $0.140. The current market cap is sitting at US$18 billion.<\/p>\n\n\n\n

\"\"
Dogecoin 2-Day Price Data - Source: CoinMarketCap<\/figcaption><\/figure>\n","post_title":"Bitcoin ATM Operator Now Supports $DOGE","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"bitcoin-atm-operator-now-supports-doge","to_ping":"","pinged":"","post_modified":"2023-04-11 12:50:37","post_modified_gmt":"2023-04-11 02:50:37","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=4106","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":4087,"post_author":"1","post_date":"2022-03-24 23:37:18","post_date_gmt":"2022-03-24 12:37:18","post_content":"\n

In a\u00a0blog post<\/a>\u00a0by Loopring's head of growth, Adam Browman states that \"the GameStop NFT Marketplace has taken its first steps to welcome users, and it is built atop Loopring!\"<\/p>\n\n\n\n

Browman believes that the project \"has the potential to cement itself at the forefront of this new paradigm and become the destination for global digital economies.\" The blog post states that users can get early access to the project now to set up usernames and profiles, as well as make their first deposits.<\/p>\n\n\n\n

GameStop and NFTs<\/h2>\n\n\n\n

Rumors circulating since November\u00a0suggested that Loopring might be working with GameStop on a metaverse-related project. The Wall Street Journal\u00a0reported<\/a> in January\u00a0that GameStop was planning to build a new team focused on NFTs.<\/p>\n\n\n\n

Soon after that announcement, GameStop mentioned Immuntable X as their primary partner for the project. Despite this fact, Loopring was mentioned<\/a> at the time in an SEC filing<\/a>.<\/p>\n\n\n\n

According to an article from Decrypt<\/a>, there has been a lot of confusion on the topic and who is powering the NFT marketplace. It turns out that both Loopring and Immutable X are powering the NFT plans of GameStop. Although Immutable X tweeted<\/a> in a thread how they are the \"preferred partner\".<\/p>\n\n\n\n

Immutable mentioned the Loopring integration \u201cwas not a surprise (and we welcome them!).\" The marketplace will act as an aggregator across NFT minting platforms. Although, it appears that Immutable X will receive the most focus on the marketplace being the \"preferred partner\".<\/p>\n\n\n\n

\nhttps:\/\/twitter.com\/Immutable\/status\/1506596126677295108\n<\/div><\/figure>\n\n\n\n

Since the announcement, $LRC<\/a>, the native token of Layer 2 blockchain<\/a> Loopring has soared over 35% to a high of $1.21. Although it is now trading steadily at $1.09. Loopring is currently sitting at a market cap of US$1.46 billion, according to data from CoinMarketCap.<\/p>\n\n\n\n

$IMX<\/a>, the token on the Immutable X blockchain is down 8.9% in the past 24 hours, trading at $2.19, according to data from CoinMarketCap.<\/p>\n\n\n\n

The other company in the mix, GameStop also had a huge day seeing a 14.5% gain to $141 in GME<\/a> stocks. Over 24 million GME shares were traded today alone. <\/p>\n","post_title":"GameStop NFT Marketplace Has Entered Beta, Integrated With Loopring","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"gamestop-nft-marketplace-has-entered-beta-integrated-with-loopring","to_ping":"","pinged":"","post_modified":"2022-03-24 23:37:42","post_modified_gmt":"2022-03-24 12:37:42","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=4087","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":4089,"post_author":"1","post_date":"2022-03-24 22:46:11","post_date_gmt":"2022-03-24 11:46:11","post_content":"\n

Floyd \u2019Money\u2019 Mayweather has re-entered the world of cryptocurrency with the announcement of his 2nd NFT project, dubbed Mayweverse. <\/p>\n\n\n\n

The project will consist of 5 different NFTs, each NFT will have 1000 copies available to mint. Every card has its own rarity, utility, and prizes. <\/p>\n\n\n\n

Despite how good it may sounds, Twitter users were quick to criticize. Floyd was reminded<\/a> of his previous NFT project<\/a>, which made him nearly US$5 million and is now worthless. \u201cYou already have an NFT project, it\u2019s called @RealFloydNFT. You released it last year and then stopped working on it immediately after. Have you been punched in the head so much that you\u2019re forgetting these things now?\u201d<\/p>\n\n\n\n

\nhttps:\/\/twitter.com\/Berke_eth\/status\/1506051809542037506\n<\/div><\/figure>\n\n\n\n

Users were quick to call his bluff<\/a>. Floyd states that he has been working on this for months, although the twitter handle @mayweverse<\/a> was created this month. <\/p>\n\n\n\n

Coffezilla, known for calling out rug pulls and scams within the industry tweeted<\/a> his thoughts on the NFT project. He states \"Floyd Mayweather is frantically deleting evidence of his last NFT scam. He's getting roasted by the investors.\" <\/p>\n\n\n\n

Will this NFT collection follow in the footsteps of his previous NFT collection and be abandoned, or will he stick by his word?<\/p>\n","post_title":"Floyd Mayweather Re-enters The World Of Crypto With \u2018Mayweverse\u2019 NFT Project","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"floyd-mayweather-re-enters-the-world-of-crypto-with-mayweverse-nft-project","to_ping":"","pinged":"","post_modified":"2022-03-24 23:37:53","post_modified_gmt":"2022-03-24 12:37:53","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=4089","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":4040,"post_author":"1","post_date":"2022-03-23 22:24:41","post_date_gmt":"2022-03-23 11:24:41","post_content":"\n

Crypto.com has announced<\/a> they are the official sponsor of the 2022 FIFA World Cup hosted in Qatar.<\/p>\n\n\n\n

As per their official announcement, Crypto.com will be the exclusive cryptocurrency trading platform sponsor of the event, benefitting from significant brand exposure both within and outside the stadiums.<\/p>\n\n\n\n

\nhttps:\/\/twitter.com\/cryptocom\/status\/1506424728818679808\n<\/div><\/figure>\n\n\n\n

\u201cCrypto.com has already demonstrated a commitment to supporting top-tier teams and leagues, major events and iconic venues across the world, and there is no platform bigger, or with a greater reach and cultural impact, than FIFA\u2019s global platform of football,\u201d<\/p>Kay Madati, FIFA\u2019s Chief Commercial Officer.<\/cite><\/blockquote>\n\n\n\n

In November of 2021, Crypto.com announced they bought the rights to the Staples Arena,<\/a> in a historic deal inked at US$700 million. Crypto.com has also\u00a0partnered with the Australian Football League<\/a>\u00a0in a $25 million deal, signed a $100-million sponsorship with Formula 1, and confirmed a $175 million sponsorship with the UFC.<\/p>\n\n\n\n

CEO and Co-Founder of Crypto.com Kris Marszalek believes that the sponsorship with the FIFA World Cup will \u201cdrive further awareness of Crypto.com globally.\u201d This is just one more addition to their expanding list of sponsorships worldwide.<\/p>\n","post_title":"CryptoCom Is The Main Sponsor Of The 2022 World Cup","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"crypto-com-is-the-main-sponsor-of-the-2022-world-cup","to_ping":"","pinged":"\nhttps:\/\/www.thedistributed.co\/crypto-com-arena-deal-sealed\/","post_modified":"2022-06-06 21:35:19","post_modified_gmt":"2022-06-06 11:35:19","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=4040","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};

1 76 77 78 79 80 85

Most Read

Subscribe To Our Newsletter

By subscribing, you agree with our privacy and terms.

Follow The Distributed

ADVERTISEMENT
\n

The bill was initially proposed<\/a> in Feburary but was met with heavy backlash<\/a> by Indians, calling for changes to the imposed policy.<\/p>\n\n\n\n

The bill was met with criticism in the government, 20+ members of the lower house of Parliment criticized the lack of definition of the word cryptocurrency in the bill arguing that this would \"finish the industry\". Criticisers were met with a sharp response that \"there is no confusing signal\". <\/p>\n\n\n\n

Sitharaman states the main reason for the tax is because people are profiting from it. Despite this Indians are still not able to take deductions for any losses.<\/p>\n\n\n\n

Many cryptocurrency companies and users are considering filing an appeal to the Indian Supreme Court. <\/p>\n","post_title":"Indian Parliament Passes A 30% Crypto Tax Law","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"indian-parliament-passes-a-30-crypto-tax-law","to_ping":"","pinged":"\nhttps:\/\/www.thedistributed.co\/petition-to-reduce-30-tax-on-crypto-gains-in-india-reaches-a-25000-signatures-milestone%ef%bf%bc\/","post_modified":"2022-03-26 17:42:58","post_modified_gmt":"2022-03-26 06:42:58","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=4116","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":4110,"post_author":"1","post_date":"2022-03-26 12:54:51","post_date_gmt":"2022-03-26 01:54:51","post_content":"\n

Google has filed<\/a> a trademark application for a 'Non-Fungible Planet'. Although it seems that the trademark has less to do with cryptocurrencies and more to do with environmental activism.<\/p>\n\n\n\n

The filing is an 'educational' campaign aimed at \u201cproviding information about environmental protection, conservation, energy efficiency, climate change, reducing carbon footprints, environmental issues and sustainability efforts\".<\/p>\n\n\n\n

The project aims to provide \"educational and entertainment services, namely, providing online non-downloadable videos featuring information in the fields of environmental protection, conservation, energy efficiency, climate change, reducing carbon footprints, environmental issues and sustainability efforts.\"<\/p>\n\n\n\n

Non-Fungible Planet is implicative of Non-Fungible Tokens (NFTs<\/a>) which have taken the crypto industry by storm in the last few years. Although the filing itself makes no mention of NFTs. Non-fungible can be defined as something that cannot be replicated like for like, so in reference to Google's campaign, this could be that we only have one planet and mustn't spoil it.<\/p>\n","post_title":"'Non-Fungible Planet' Is Google's Newest Trademark Filing","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"non-fungible-planet-is-googles-newest-trademark-filing","to_ping":"","pinged":"","post_modified":"2022-03-26 17:43:23","post_modified_gmt":"2022-03-26 06:43:23","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=4110","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":4106,"post_author":"1","post_date":"2022-03-25 21:40:55","post_date_gmt":"2022-03-25 10:40:55","post_content":"\n

Bitcoin ATM operator, Bitcoin of America<\/a> announced<\/a> in a press release that their ATMs support the transaction of Dogecoin ($DOGE).<\/p>\n\n\n\n

\nhttps:\/\/twitter.com\/BTCofAmerica\/status\/1506632012454629390?ref_src=twsrc%5Etfw%7Ctwcamp%5Etweetembed%7Ctwterm%5E1506632012454629390%7Ctwgr%5E%7Ctwcon%5Es1_&ref_url=https%3A%2F%2Fu.today%2Fdogecoin-now-added-to-bitcoin-of-america-atms-details\n<\/div><\/figure>\n\n\n\n

After recognizing the popularity of the meme-coin and the attention it could bring, Bitcoin of America added the currency to their BTMs. Dogecoin ($DOGE<\/a>) is now available for transactions alongside Bitcoin ($BTC<\/a>), Ethereum ($ETH<\/a>), and Litecoin ($LTC<\/a>). To date, Bitcoin of America has 1800 plus BTMs across 31 states.\u00a0<\/p>\n\n\n\n

Bitcoin of America has made several updates to its BTMs with the announcement of its new Universal Kiosk.\u00a0The new universal kiosk combines the capabilities of a traditional ATM with a Bitcoin ATM and offers 3 main functions. The first is the traditional ATM feature where customers can dispense cash from a debit card. The second function is being able to\u00a0buy cryptocurrency\u00a0with cash. The last is that customers can sell crypto in return for cash.<\/p>\n\n\n\n

Dogecoin has rallied in the past few days going from $0.123 to a high of $0.140. The current market cap is sitting at US$18 billion.<\/p>\n\n\n\n

\"\"
Dogecoin 2-Day Price Data - Source: CoinMarketCap<\/figcaption><\/figure>\n","post_title":"Bitcoin ATM Operator Now Supports $DOGE","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"bitcoin-atm-operator-now-supports-doge","to_ping":"","pinged":"","post_modified":"2023-04-11 12:50:37","post_modified_gmt":"2023-04-11 02:50:37","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=4106","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":4087,"post_author":"1","post_date":"2022-03-24 23:37:18","post_date_gmt":"2022-03-24 12:37:18","post_content":"\n

In a\u00a0blog post<\/a>\u00a0by Loopring's head of growth, Adam Browman states that \"the GameStop NFT Marketplace has taken its first steps to welcome users, and it is built atop Loopring!\"<\/p>\n\n\n\n

Browman believes that the project \"has the potential to cement itself at the forefront of this new paradigm and become the destination for global digital economies.\" The blog post states that users can get early access to the project now to set up usernames and profiles, as well as make their first deposits.<\/p>\n\n\n\n

GameStop and NFTs<\/h2>\n\n\n\n

Rumors circulating since November\u00a0suggested that Loopring might be working with GameStop on a metaverse-related project. The Wall Street Journal\u00a0reported<\/a> in January\u00a0that GameStop was planning to build a new team focused on NFTs.<\/p>\n\n\n\n

Soon after that announcement, GameStop mentioned Immuntable X as their primary partner for the project. Despite this fact, Loopring was mentioned<\/a> at the time in an SEC filing<\/a>.<\/p>\n\n\n\n

According to an article from Decrypt<\/a>, there has been a lot of confusion on the topic and who is powering the NFT marketplace. It turns out that both Loopring and Immutable X are powering the NFT plans of GameStop. Although Immutable X tweeted<\/a> in a thread how they are the \"preferred partner\".<\/p>\n\n\n\n

Immutable mentioned the Loopring integration \u201cwas not a surprise (and we welcome them!).\" The marketplace will act as an aggregator across NFT minting platforms. Although, it appears that Immutable X will receive the most focus on the marketplace being the \"preferred partner\".<\/p>\n\n\n\n

\nhttps:\/\/twitter.com\/Immutable\/status\/1506596126677295108\n<\/div><\/figure>\n\n\n\n

Since the announcement, $LRC<\/a>, the native token of Layer 2 blockchain<\/a> Loopring has soared over 35% to a high of $1.21. Although it is now trading steadily at $1.09. Loopring is currently sitting at a market cap of US$1.46 billion, according to data from CoinMarketCap.<\/p>\n\n\n\n

$IMX<\/a>, the token on the Immutable X blockchain is down 8.9% in the past 24 hours, trading at $2.19, according to data from CoinMarketCap.<\/p>\n\n\n\n

The other company in the mix, GameStop also had a huge day seeing a 14.5% gain to $141 in GME<\/a> stocks. Over 24 million GME shares were traded today alone. <\/p>\n","post_title":"GameStop NFT Marketplace Has Entered Beta, Integrated With Loopring","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"gamestop-nft-marketplace-has-entered-beta-integrated-with-loopring","to_ping":"","pinged":"","post_modified":"2022-03-24 23:37:42","post_modified_gmt":"2022-03-24 12:37:42","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=4087","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":4089,"post_author":"1","post_date":"2022-03-24 22:46:11","post_date_gmt":"2022-03-24 11:46:11","post_content":"\n

Floyd \u2019Money\u2019 Mayweather has re-entered the world of cryptocurrency with the announcement of his 2nd NFT project, dubbed Mayweverse. <\/p>\n\n\n\n

The project will consist of 5 different NFTs, each NFT will have 1000 copies available to mint. Every card has its own rarity, utility, and prizes. <\/p>\n\n\n\n

Despite how good it may sounds, Twitter users were quick to criticize. Floyd was reminded<\/a> of his previous NFT project<\/a>, which made him nearly US$5 million and is now worthless. \u201cYou already have an NFT project, it\u2019s called @RealFloydNFT. You released it last year and then stopped working on it immediately after. Have you been punched in the head so much that you\u2019re forgetting these things now?\u201d<\/p>\n\n\n\n

\nhttps:\/\/twitter.com\/Berke_eth\/status\/1506051809542037506\n<\/div><\/figure>\n\n\n\n

Users were quick to call his bluff<\/a>. Floyd states that he has been working on this for months, although the twitter handle @mayweverse<\/a> was created this month. <\/p>\n\n\n\n

Coffezilla, known for calling out rug pulls and scams within the industry tweeted<\/a> his thoughts on the NFT project. He states \"Floyd Mayweather is frantically deleting evidence of his last NFT scam. He's getting roasted by the investors.\" <\/p>\n\n\n\n

Will this NFT collection follow in the footsteps of his previous NFT collection and be abandoned, or will he stick by his word?<\/p>\n","post_title":"Floyd Mayweather Re-enters The World Of Crypto With \u2018Mayweverse\u2019 NFT Project","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"floyd-mayweather-re-enters-the-world-of-crypto-with-mayweverse-nft-project","to_ping":"","pinged":"","post_modified":"2022-03-24 23:37:53","post_modified_gmt":"2022-03-24 12:37:53","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=4089","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":4040,"post_author":"1","post_date":"2022-03-23 22:24:41","post_date_gmt":"2022-03-23 11:24:41","post_content":"\n

Crypto.com has announced<\/a> they are the official sponsor of the 2022 FIFA World Cup hosted in Qatar.<\/p>\n\n\n\n

As per their official announcement, Crypto.com will be the exclusive cryptocurrency trading platform sponsor of the event, benefitting from significant brand exposure both within and outside the stadiums.<\/p>\n\n\n\n

\nhttps:\/\/twitter.com\/cryptocom\/status\/1506424728818679808\n<\/div><\/figure>\n\n\n\n

\u201cCrypto.com has already demonstrated a commitment to supporting top-tier teams and leagues, major events and iconic venues across the world, and there is no platform bigger, or with a greater reach and cultural impact, than FIFA\u2019s global platform of football,\u201d<\/p>Kay Madati, FIFA\u2019s Chief Commercial Officer.<\/cite><\/blockquote>\n\n\n\n

In November of 2021, Crypto.com announced they bought the rights to the Staples Arena,<\/a> in a historic deal inked at US$700 million. Crypto.com has also\u00a0partnered with the Australian Football League<\/a>\u00a0in a $25 million deal, signed a $100-million sponsorship with Formula 1, and confirmed a $175 million sponsorship with the UFC.<\/p>\n\n\n\n

CEO and Co-Founder of Crypto.com Kris Marszalek believes that the sponsorship with the FIFA World Cup will \u201cdrive further awareness of Crypto.com globally.\u201d This is just one more addition to their expanding list of sponsorships worldwide.<\/p>\n","post_title":"CryptoCom Is The Main Sponsor Of The 2022 World Cup","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"crypto-com-is-the-main-sponsor-of-the-2022-world-cup","to_ping":"","pinged":"\nhttps:\/\/www.thedistributed.co\/crypto-com-arena-deal-sealed\/","post_modified":"2022-06-06 21:35:19","post_modified_gmt":"2022-06-06 11:35:19","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=4040","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};

1 76 77 78 79 80 85

Most Read

Subscribe To Our Newsletter

By subscribing, you agree with our privacy and terms.

Follow The Distributed

ADVERTISEMENT
\n
\nhttps:\/\/twitter.com\/WatcherGuru\/status\/1507334988164964355?ref_src=twsrc%5Etfw%7Ctwcamp%5Etweetembed%7Ctwterm%5E1507334988164964355%7Ctwgr%5E%7Ctwcon%5Es1_&ref_url=https%3A%2F%2Fen.ethereumworldnews.com%2Findia-heavy-crypto-tax-law%2F\n<\/div><\/figure>\n\n\n\n

The bill was initially proposed<\/a> in Feburary but was met with heavy backlash<\/a> by Indians, calling for changes to the imposed policy.<\/p>\n\n\n\n

The bill was met with criticism in the government, 20+ members of the lower house of Parliment criticized the lack of definition of the word cryptocurrency in the bill arguing that this would \"finish the industry\". Criticisers were met with a sharp response that \"there is no confusing signal\". <\/p>\n\n\n\n

Sitharaman states the main reason for the tax is because people are profiting from it. Despite this Indians are still not able to take deductions for any losses.<\/p>\n\n\n\n

Many cryptocurrency companies and users are considering filing an appeal to the Indian Supreme Court. <\/p>\n","post_title":"Indian Parliament Passes A 30% Crypto Tax Law","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"indian-parliament-passes-a-30-crypto-tax-law","to_ping":"","pinged":"\nhttps:\/\/www.thedistributed.co\/petition-to-reduce-30-tax-on-crypto-gains-in-india-reaches-a-25000-signatures-milestone%ef%bf%bc\/","post_modified":"2022-03-26 17:42:58","post_modified_gmt":"2022-03-26 06:42:58","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=4116","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":4110,"post_author":"1","post_date":"2022-03-26 12:54:51","post_date_gmt":"2022-03-26 01:54:51","post_content":"\n

Google has filed<\/a> a trademark application for a 'Non-Fungible Planet'. Although it seems that the trademark has less to do with cryptocurrencies and more to do with environmental activism.<\/p>\n\n\n\n

The filing is an 'educational' campaign aimed at \u201cproviding information about environmental protection, conservation, energy efficiency, climate change, reducing carbon footprints, environmental issues and sustainability efforts\".<\/p>\n\n\n\n

The project aims to provide \"educational and entertainment services, namely, providing online non-downloadable videos featuring information in the fields of environmental protection, conservation, energy efficiency, climate change, reducing carbon footprints, environmental issues and sustainability efforts.\"<\/p>\n\n\n\n

Non-Fungible Planet is implicative of Non-Fungible Tokens (NFTs<\/a>) which have taken the crypto industry by storm in the last few years. Although the filing itself makes no mention of NFTs. Non-fungible can be defined as something that cannot be replicated like for like, so in reference to Google's campaign, this could be that we only have one planet and mustn't spoil it.<\/p>\n","post_title":"'Non-Fungible Planet' Is Google's Newest Trademark Filing","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"non-fungible-planet-is-googles-newest-trademark-filing","to_ping":"","pinged":"","post_modified":"2022-03-26 17:43:23","post_modified_gmt":"2022-03-26 06:43:23","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=4110","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":4106,"post_author":"1","post_date":"2022-03-25 21:40:55","post_date_gmt":"2022-03-25 10:40:55","post_content":"\n

Bitcoin ATM operator, Bitcoin of America<\/a> announced<\/a> in a press release that their ATMs support the transaction of Dogecoin ($DOGE).<\/p>\n\n\n\n

\nhttps:\/\/twitter.com\/BTCofAmerica\/status\/1506632012454629390?ref_src=twsrc%5Etfw%7Ctwcamp%5Etweetembed%7Ctwterm%5E1506632012454629390%7Ctwgr%5E%7Ctwcon%5Es1_&ref_url=https%3A%2F%2Fu.today%2Fdogecoin-now-added-to-bitcoin-of-america-atms-details\n<\/div><\/figure>\n\n\n\n

After recognizing the popularity of the meme-coin and the attention it could bring, Bitcoin of America added the currency to their BTMs. Dogecoin ($DOGE<\/a>) is now available for transactions alongside Bitcoin ($BTC<\/a>), Ethereum ($ETH<\/a>), and Litecoin ($LTC<\/a>). To date, Bitcoin of America has 1800 plus BTMs across 31 states.\u00a0<\/p>\n\n\n\n

Bitcoin of America has made several updates to its BTMs with the announcement of its new Universal Kiosk.\u00a0The new universal kiosk combines the capabilities of a traditional ATM with a Bitcoin ATM and offers 3 main functions. The first is the traditional ATM feature where customers can dispense cash from a debit card. The second function is being able to\u00a0buy cryptocurrency\u00a0with cash. The last is that customers can sell crypto in return for cash.<\/p>\n\n\n\n

Dogecoin has rallied in the past few days going from $0.123 to a high of $0.140. The current market cap is sitting at US$18 billion.<\/p>\n\n\n\n

\"\"
Dogecoin 2-Day Price Data - Source: CoinMarketCap<\/figcaption><\/figure>\n","post_title":"Bitcoin ATM Operator Now Supports $DOGE","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"bitcoin-atm-operator-now-supports-doge","to_ping":"","pinged":"","post_modified":"2023-04-11 12:50:37","post_modified_gmt":"2023-04-11 02:50:37","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=4106","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":4087,"post_author":"1","post_date":"2022-03-24 23:37:18","post_date_gmt":"2022-03-24 12:37:18","post_content":"\n

In a\u00a0blog post<\/a>\u00a0by Loopring's head of growth, Adam Browman states that \"the GameStop NFT Marketplace has taken its first steps to welcome users, and it is built atop Loopring!\"<\/p>\n\n\n\n

Browman believes that the project \"has the potential to cement itself at the forefront of this new paradigm and become the destination for global digital economies.\" The blog post states that users can get early access to the project now to set up usernames and profiles, as well as make their first deposits.<\/p>\n\n\n\n

GameStop and NFTs<\/h2>\n\n\n\n

Rumors circulating since November\u00a0suggested that Loopring might be working with GameStop on a metaverse-related project. The Wall Street Journal\u00a0reported<\/a> in January\u00a0that GameStop was planning to build a new team focused on NFTs.<\/p>\n\n\n\n

Soon after that announcement, GameStop mentioned Immuntable X as their primary partner for the project. Despite this fact, Loopring was mentioned<\/a> at the time in an SEC filing<\/a>.<\/p>\n\n\n\n

According to an article from Decrypt<\/a>, there has been a lot of confusion on the topic and who is powering the NFT marketplace. It turns out that both Loopring and Immutable X are powering the NFT plans of GameStop. Although Immutable X tweeted<\/a> in a thread how they are the \"preferred partner\".<\/p>\n\n\n\n

Immutable mentioned the Loopring integration \u201cwas not a surprise (and we welcome them!).\" The marketplace will act as an aggregator across NFT minting platforms. Although, it appears that Immutable X will receive the most focus on the marketplace being the \"preferred partner\".<\/p>\n\n\n\n

\nhttps:\/\/twitter.com\/Immutable\/status\/1506596126677295108\n<\/div><\/figure>\n\n\n\n

Since the announcement, $LRC<\/a>, the native token of Layer 2 blockchain<\/a> Loopring has soared over 35% to a high of $1.21. Although it is now trading steadily at $1.09. Loopring is currently sitting at a market cap of US$1.46 billion, according to data from CoinMarketCap.<\/p>\n\n\n\n

$IMX<\/a>, the token on the Immutable X blockchain is down 8.9% in the past 24 hours, trading at $2.19, according to data from CoinMarketCap.<\/p>\n\n\n\n

The other company in the mix, GameStop also had a huge day seeing a 14.5% gain to $141 in GME<\/a> stocks. Over 24 million GME shares were traded today alone. <\/p>\n","post_title":"GameStop NFT Marketplace Has Entered Beta, Integrated With Loopring","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"gamestop-nft-marketplace-has-entered-beta-integrated-with-loopring","to_ping":"","pinged":"","post_modified":"2022-03-24 23:37:42","post_modified_gmt":"2022-03-24 12:37:42","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=4087","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":4089,"post_author":"1","post_date":"2022-03-24 22:46:11","post_date_gmt":"2022-03-24 11:46:11","post_content":"\n

Floyd \u2019Money\u2019 Mayweather has re-entered the world of cryptocurrency with the announcement of his 2nd NFT project, dubbed Mayweverse. <\/p>\n\n\n\n

The project will consist of 5 different NFTs, each NFT will have 1000 copies available to mint. Every card has its own rarity, utility, and prizes. <\/p>\n\n\n\n

Despite how good it may sounds, Twitter users were quick to criticize. Floyd was reminded<\/a> of his previous NFT project<\/a>, which made him nearly US$5 million and is now worthless. \u201cYou already have an NFT project, it\u2019s called @RealFloydNFT. You released it last year and then stopped working on it immediately after. Have you been punched in the head so much that you\u2019re forgetting these things now?\u201d<\/p>\n\n\n\n

\nhttps:\/\/twitter.com\/Berke_eth\/status\/1506051809542037506\n<\/div><\/figure>\n\n\n\n

Users were quick to call his bluff<\/a>. Floyd states that he has been working on this for months, although the twitter handle @mayweverse<\/a> was created this month. <\/p>\n\n\n\n

Coffezilla, known for calling out rug pulls and scams within the industry tweeted<\/a> his thoughts on the NFT project. He states \"Floyd Mayweather is frantically deleting evidence of his last NFT scam. He's getting roasted by the investors.\" <\/p>\n\n\n\n

Will this NFT collection follow in the footsteps of his previous NFT collection and be abandoned, or will he stick by his word?<\/p>\n","post_title":"Floyd Mayweather Re-enters The World Of Crypto With \u2018Mayweverse\u2019 NFT Project","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"floyd-mayweather-re-enters-the-world-of-crypto-with-mayweverse-nft-project","to_ping":"","pinged":"","post_modified":"2022-03-24 23:37:53","post_modified_gmt":"2022-03-24 12:37:53","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=4089","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":4040,"post_author":"1","post_date":"2022-03-23 22:24:41","post_date_gmt":"2022-03-23 11:24:41","post_content":"\n

Crypto.com has announced<\/a> they are the official sponsor of the 2022 FIFA World Cup hosted in Qatar.<\/p>\n\n\n\n

As per their official announcement, Crypto.com will be the exclusive cryptocurrency trading platform sponsor of the event, benefitting from significant brand exposure both within and outside the stadiums.<\/p>\n\n\n\n

\nhttps:\/\/twitter.com\/cryptocom\/status\/1506424728818679808\n<\/div><\/figure>\n\n\n\n

\u201cCrypto.com has already demonstrated a commitment to supporting top-tier teams and leagues, major events and iconic venues across the world, and there is no platform bigger, or with a greater reach and cultural impact, than FIFA\u2019s global platform of football,\u201d<\/p>Kay Madati, FIFA\u2019s Chief Commercial Officer.<\/cite><\/blockquote>\n\n\n\n

In November of 2021, Crypto.com announced they bought the rights to the Staples Arena,<\/a> in a historic deal inked at US$700 million. Crypto.com has also\u00a0partnered with the Australian Football League<\/a>\u00a0in a $25 million deal, signed a $100-million sponsorship with Formula 1, and confirmed a $175 million sponsorship with the UFC.<\/p>\n\n\n\n

CEO and Co-Founder of Crypto.com Kris Marszalek believes that the sponsorship with the FIFA World Cup will \u201cdrive further awareness of Crypto.com globally.\u201d This is just one more addition to their expanding list of sponsorships worldwide.<\/p>\n","post_title":"CryptoCom Is The Main Sponsor Of The 2022 World Cup","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"crypto-com-is-the-main-sponsor-of-the-2022-world-cup","to_ping":"","pinged":"\nhttps:\/\/www.thedistributed.co\/crypto-com-arena-deal-sealed\/","post_modified":"2022-06-06 21:35:19","post_modified_gmt":"2022-06-06 11:35:19","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=4040","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};

1 76 77 78 79 80 85

Most Read

Subscribe To Our Newsletter

By subscribing, you agree with our privacy and terms.

Follow The Distributed

ADVERTISEMENT
\n

The crypto taxes will come into effect on April 1, while the TDS will start on July 1.<\/p>\n\n\n\n

\nhttps:\/\/twitter.com\/WatcherGuru\/status\/1507334988164964355?ref_src=twsrc%5Etfw%7Ctwcamp%5Etweetembed%7Ctwterm%5E1507334988164964355%7Ctwgr%5E%7Ctwcon%5Es1_&ref_url=https%3A%2F%2Fen.ethereumworldnews.com%2Findia-heavy-crypto-tax-law%2F\n<\/div><\/figure>\n\n\n\n

The bill was initially proposed<\/a> in Feburary but was met with heavy backlash<\/a> by Indians, calling for changes to the imposed policy.<\/p>\n\n\n\n

The bill was met with criticism in the government, 20+ members of the lower house of Parliment criticized the lack of definition of the word cryptocurrency in the bill arguing that this would \"finish the industry\". Criticisers were met with a sharp response that \"there is no confusing signal\". <\/p>\n\n\n\n

Sitharaman states the main reason for the tax is because people are profiting from it. Despite this Indians are still not able to take deductions for any losses.<\/p>\n\n\n\n

Many cryptocurrency companies and users are considering filing an appeal to the Indian Supreme Court. <\/p>\n","post_title":"Indian Parliament Passes A 30% Crypto Tax Law","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"indian-parliament-passes-a-30-crypto-tax-law","to_ping":"","pinged":"\nhttps:\/\/www.thedistributed.co\/petition-to-reduce-30-tax-on-crypto-gains-in-india-reaches-a-25000-signatures-milestone%ef%bf%bc\/","post_modified":"2022-03-26 17:42:58","post_modified_gmt":"2022-03-26 06:42:58","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=4116","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":4110,"post_author":"1","post_date":"2022-03-26 12:54:51","post_date_gmt":"2022-03-26 01:54:51","post_content":"\n

Google has filed<\/a> a trademark application for a 'Non-Fungible Planet'. Although it seems that the trademark has less to do with cryptocurrencies and more to do with environmental activism.<\/p>\n\n\n\n

The filing is an 'educational' campaign aimed at \u201cproviding information about environmental protection, conservation, energy efficiency, climate change, reducing carbon footprints, environmental issues and sustainability efforts\".<\/p>\n\n\n\n

The project aims to provide \"educational and entertainment services, namely, providing online non-downloadable videos featuring information in the fields of environmental protection, conservation, energy efficiency, climate change, reducing carbon footprints, environmental issues and sustainability efforts.\"<\/p>\n\n\n\n

Non-Fungible Planet is implicative of Non-Fungible Tokens (NFTs<\/a>) which have taken the crypto industry by storm in the last few years. Although the filing itself makes no mention of NFTs. Non-fungible can be defined as something that cannot be replicated like for like, so in reference to Google's campaign, this could be that we only have one planet and mustn't spoil it.<\/p>\n","post_title":"'Non-Fungible Planet' Is Google's Newest Trademark Filing","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"non-fungible-planet-is-googles-newest-trademark-filing","to_ping":"","pinged":"","post_modified":"2022-03-26 17:43:23","post_modified_gmt":"2022-03-26 06:43:23","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=4110","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":4106,"post_author":"1","post_date":"2022-03-25 21:40:55","post_date_gmt":"2022-03-25 10:40:55","post_content":"\n

Bitcoin ATM operator, Bitcoin of America<\/a> announced<\/a> in a press release that their ATMs support the transaction of Dogecoin ($DOGE).<\/p>\n\n\n\n

\nhttps:\/\/twitter.com\/BTCofAmerica\/status\/1506632012454629390?ref_src=twsrc%5Etfw%7Ctwcamp%5Etweetembed%7Ctwterm%5E1506632012454629390%7Ctwgr%5E%7Ctwcon%5Es1_&ref_url=https%3A%2F%2Fu.today%2Fdogecoin-now-added-to-bitcoin-of-america-atms-details\n<\/div><\/figure>\n\n\n\n

After recognizing the popularity of the meme-coin and the attention it could bring, Bitcoin of America added the currency to their BTMs. Dogecoin ($DOGE<\/a>) is now available for transactions alongside Bitcoin ($BTC<\/a>), Ethereum ($ETH<\/a>), and Litecoin ($LTC<\/a>). To date, Bitcoin of America has 1800 plus BTMs across 31 states.\u00a0<\/p>\n\n\n\n

Bitcoin of America has made several updates to its BTMs with the announcement of its new Universal Kiosk.\u00a0The new universal kiosk combines the capabilities of a traditional ATM with a Bitcoin ATM and offers 3 main functions. The first is the traditional ATM feature where customers can dispense cash from a debit card. The second function is being able to\u00a0buy cryptocurrency\u00a0with cash. The last is that customers can sell crypto in return for cash.<\/p>\n\n\n\n

Dogecoin has rallied in the past few days going from $0.123 to a high of $0.140. The current market cap is sitting at US$18 billion.<\/p>\n\n\n\n

\"\"
Dogecoin 2-Day Price Data - Source: CoinMarketCap<\/figcaption><\/figure>\n","post_title":"Bitcoin ATM Operator Now Supports $DOGE","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"bitcoin-atm-operator-now-supports-doge","to_ping":"","pinged":"","post_modified":"2023-04-11 12:50:37","post_modified_gmt":"2023-04-11 02:50:37","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=4106","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":4087,"post_author":"1","post_date":"2022-03-24 23:37:18","post_date_gmt":"2022-03-24 12:37:18","post_content":"\n

In a\u00a0blog post<\/a>\u00a0by Loopring's head of growth, Adam Browman states that \"the GameStop NFT Marketplace has taken its first steps to welcome users, and it is built atop Loopring!\"<\/p>\n\n\n\n

Browman believes that the project \"has the potential to cement itself at the forefront of this new paradigm and become the destination for global digital economies.\" The blog post states that users can get early access to the project now to set up usernames and profiles, as well as make their first deposits.<\/p>\n\n\n\n

GameStop and NFTs<\/h2>\n\n\n\n

Rumors circulating since November\u00a0suggested that Loopring might be working with GameStop on a metaverse-related project. The Wall Street Journal\u00a0reported<\/a> in January\u00a0that GameStop was planning to build a new team focused on NFTs.<\/p>\n\n\n\n

Soon after that announcement, GameStop mentioned Immuntable X as their primary partner for the project. Despite this fact, Loopring was mentioned<\/a> at the time in an SEC filing<\/a>.<\/p>\n\n\n\n

According to an article from Decrypt<\/a>, there has been a lot of confusion on the topic and who is powering the NFT marketplace. It turns out that both Loopring and Immutable X are powering the NFT plans of GameStop. Although Immutable X tweeted<\/a> in a thread how they are the \"preferred partner\".<\/p>\n\n\n\n

Immutable mentioned the Loopring integration \u201cwas not a surprise (and we welcome them!).\" The marketplace will act as an aggregator across NFT minting platforms. Although, it appears that Immutable X will receive the most focus on the marketplace being the \"preferred partner\".<\/p>\n\n\n\n

\nhttps:\/\/twitter.com\/Immutable\/status\/1506596126677295108\n<\/div><\/figure>\n\n\n\n

Since the announcement, $LRC<\/a>, the native token of Layer 2 blockchain<\/a> Loopring has soared over 35% to a high of $1.21. Although it is now trading steadily at $1.09. Loopring is currently sitting at a market cap of US$1.46 billion, according to data from CoinMarketCap.<\/p>\n\n\n\n

$IMX<\/a>, the token on the Immutable X blockchain is down 8.9% in the past 24 hours, trading at $2.19, according to data from CoinMarketCap.<\/p>\n\n\n\n

The other company in the mix, GameStop also had a huge day seeing a 14.5% gain to $141 in GME<\/a> stocks. Over 24 million GME shares were traded today alone. <\/p>\n","post_title":"GameStop NFT Marketplace Has Entered Beta, Integrated With Loopring","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"gamestop-nft-marketplace-has-entered-beta-integrated-with-loopring","to_ping":"","pinged":"","post_modified":"2022-03-24 23:37:42","post_modified_gmt":"2022-03-24 12:37:42","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=4087","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":4089,"post_author":"1","post_date":"2022-03-24 22:46:11","post_date_gmt":"2022-03-24 11:46:11","post_content":"\n

Floyd \u2019Money\u2019 Mayweather has re-entered the world of cryptocurrency with the announcement of his 2nd NFT project, dubbed Mayweverse. <\/p>\n\n\n\n

The project will consist of 5 different NFTs, each NFT will have 1000 copies available to mint. Every card has its own rarity, utility, and prizes. <\/p>\n\n\n\n

Despite how good it may sounds, Twitter users were quick to criticize. Floyd was reminded<\/a> of his previous NFT project<\/a>, which made him nearly US$5 million and is now worthless. \u201cYou already have an NFT project, it\u2019s called @RealFloydNFT. You released it last year and then stopped working on it immediately after. Have you been punched in the head so much that you\u2019re forgetting these things now?\u201d<\/p>\n\n\n\n

\nhttps:\/\/twitter.com\/Berke_eth\/status\/1506051809542037506\n<\/div><\/figure>\n\n\n\n

Users were quick to call his bluff<\/a>. Floyd states that he has been working on this for months, although the twitter handle @mayweverse<\/a> was created this month. <\/p>\n\n\n\n

Coffezilla, known for calling out rug pulls and scams within the industry tweeted<\/a> his thoughts on the NFT project. He states \"Floyd Mayweather is frantically deleting evidence of his last NFT scam. He's getting roasted by the investors.\" <\/p>\n\n\n\n

Will this NFT collection follow in the footsteps of his previous NFT collection and be abandoned, or will he stick by his word?<\/p>\n","post_title":"Floyd Mayweather Re-enters The World Of Crypto With \u2018Mayweverse\u2019 NFT Project","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"floyd-mayweather-re-enters-the-world-of-crypto-with-mayweverse-nft-project","to_ping":"","pinged":"","post_modified":"2022-03-24 23:37:53","post_modified_gmt":"2022-03-24 12:37:53","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=4089","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":4040,"post_author":"1","post_date":"2022-03-23 22:24:41","post_date_gmt":"2022-03-23 11:24:41","post_content":"\n

Crypto.com has announced<\/a> they are the official sponsor of the 2022 FIFA World Cup hosted in Qatar.<\/p>\n\n\n\n

As per their official announcement, Crypto.com will be the exclusive cryptocurrency trading platform sponsor of the event, benefitting from significant brand exposure both within and outside the stadiums.<\/p>\n\n\n\n

\nhttps:\/\/twitter.com\/cryptocom\/status\/1506424728818679808\n<\/div><\/figure>\n\n\n\n

\u201cCrypto.com has already demonstrated a commitment to supporting top-tier teams and leagues, major events and iconic venues across the world, and there is no platform bigger, or with a greater reach and cultural impact, than FIFA\u2019s global platform of football,\u201d<\/p>Kay Madati, FIFA\u2019s Chief Commercial Officer.<\/cite><\/blockquote>\n\n\n\n

In November of 2021, Crypto.com announced they bought the rights to the Staples Arena,<\/a> in a historic deal inked at US$700 million. Crypto.com has also\u00a0partnered with the Australian Football League<\/a>\u00a0in a $25 million deal, signed a $100-million sponsorship with Formula 1, and confirmed a $175 million sponsorship with the UFC.<\/p>\n\n\n\n

CEO and Co-Founder of Crypto.com Kris Marszalek believes that the sponsorship with the FIFA World Cup will \u201cdrive further awareness of Crypto.com globally.\u201d This is just one more addition to their expanding list of sponsorships worldwide.<\/p>\n","post_title":"CryptoCom Is The Main Sponsor Of The 2022 World Cup","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"crypto-com-is-the-main-sponsor-of-the-2022-world-cup","to_ping":"","pinged":"\nhttps:\/\/www.thedistributed.co\/crypto-com-arena-deal-sealed\/","post_modified":"2022-06-06 21:35:19","post_modified_gmt":"2022-06-06 11:35:19","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=4040","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};

1 76 77 78 79 80 85

Most Read

Subscribe To Our Newsletter

By subscribing, you agree with our privacy and terms.

Follow The Distributed

ADVERTISEMENT
\n

To add, Indians buying or selling crypto will have to pay a 1% tax deducted at source (TDS), as well as taxes on crypto gifts. The bill states that users are not able to take deductions for any losses. <\/p>\n\n\n\n

The crypto taxes will come into effect on April 1, while the TDS will start on July 1.<\/p>\n\n\n\n

\nhttps:\/\/twitter.com\/WatcherGuru\/status\/1507334988164964355?ref_src=twsrc%5Etfw%7Ctwcamp%5Etweetembed%7Ctwterm%5E1507334988164964355%7Ctwgr%5E%7Ctwcon%5Es1_&ref_url=https%3A%2F%2Fen.ethereumworldnews.com%2Findia-heavy-crypto-tax-law%2F\n<\/div><\/figure>\n\n\n\n

The bill was initially proposed<\/a> in Feburary but was met with heavy backlash<\/a> by Indians, calling for changes to the imposed policy.<\/p>\n\n\n\n

The bill was met with criticism in the government, 20+ members of the lower house of Parliment criticized the lack of definition of the word cryptocurrency in the bill arguing that this would \"finish the industry\". Criticisers were met with a sharp response that \"there is no confusing signal\". <\/p>\n\n\n\n

Sitharaman states the main reason for the tax is because people are profiting from it. Despite this Indians are still not able to take deductions for any losses.<\/p>\n\n\n\n

Many cryptocurrency companies and users are considering filing an appeal to the Indian Supreme Court. <\/p>\n","post_title":"Indian Parliament Passes A 30% Crypto Tax Law","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"indian-parliament-passes-a-30-crypto-tax-law","to_ping":"","pinged":"\nhttps:\/\/www.thedistributed.co\/petition-to-reduce-30-tax-on-crypto-gains-in-india-reaches-a-25000-signatures-milestone%ef%bf%bc\/","post_modified":"2022-03-26 17:42:58","post_modified_gmt":"2022-03-26 06:42:58","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=4116","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":4110,"post_author":"1","post_date":"2022-03-26 12:54:51","post_date_gmt":"2022-03-26 01:54:51","post_content":"\n

Google has filed<\/a> a trademark application for a 'Non-Fungible Planet'. Although it seems that the trademark has less to do with cryptocurrencies and more to do with environmental activism.<\/p>\n\n\n\n

The filing is an 'educational' campaign aimed at \u201cproviding information about environmental protection, conservation, energy efficiency, climate change, reducing carbon footprints, environmental issues and sustainability efforts\".<\/p>\n\n\n\n

The project aims to provide \"educational and entertainment services, namely, providing online non-downloadable videos featuring information in the fields of environmental protection, conservation, energy efficiency, climate change, reducing carbon footprints, environmental issues and sustainability efforts.\"<\/p>\n\n\n\n

Non-Fungible Planet is implicative of Non-Fungible Tokens (NFTs<\/a>) which have taken the crypto industry by storm in the last few years. Although the filing itself makes no mention of NFTs. Non-fungible can be defined as something that cannot be replicated like for like, so in reference to Google's campaign, this could be that we only have one planet and mustn't spoil it.<\/p>\n","post_title":"'Non-Fungible Planet' Is Google's Newest Trademark Filing","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"non-fungible-planet-is-googles-newest-trademark-filing","to_ping":"","pinged":"","post_modified":"2022-03-26 17:43:23","post_modified_gmt":"2022-03-26 06:43:23","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=4110","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":4106,"post_author":"1","post_date":"2022-03-25 21:40:55","post_date_gmt":"2022-03-25 10:40:55","post_content":"\n

Bitcoin ATM operator, Bitcoin of America<\/a> announced<\/a> in a press release that their ATMs support the transaction of Dogecoin ($DOGE).<\/p>\n\n\n\n

\nhttps:\/\/twitter.com\/BTCofAmerica\/status\/1506632012454629390?ref_src=twsrc%5Etfw%7Ctwcamp%5Etweetembed%7Ctwterm%5E1506632012454629390%7Ctwgr%5E%7Ctwcon%5Es1_&ref_url=https%3A%2F%2Fu.today%2Fdogecoin-now-added-to-bitcoin-of-america-atms-details\n<\/div><\/figure>\n\n\n\n

After recognizing the popularity of the meme-coin and the attention it could bring, Bitcoin of America added the currency to their BTMs. Dogecoin ($DOGE<\/a>) is now available for transactions alongside Bitcoin ($BTC<\/a>), Ethereum ($ETH<\/a>), and Litecoin ($LTC<\/a>). To date, Bitcoin of America has 1800 plus BTMs across 31 states.\u00a0<\/p>\n\n\n\n

Bitcoin of America has made several updates to its BTMs with the announcement of its new Universal Kiosk.\u00a0The new universal kiosk combines the capabilities of a traditional ATM with a Bitcoin ATM and offers 3 main functions. The first is the traditional ATM feature where customers can dispense cash from a debit card. The second function is being able to\u00a0buy cryptocurrency\u00a0with cash. The last is that customers can sell crypto in return for cash.<\/p>\n\n\n\n

Dogecoin has rallied in the past few days going from $0.123 to a high of $0.140. The current market cap is sitting at US$18 billion.<\/p>\n\n\n\n

\"\"
Dogecoin 2-Day Price Data - Source: CoinMarketCap<\/figcaption><\/figure>\n","post_title":"Bitcoin ATM Operator Now Supports $DOGE","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"bitcoin-atm-operator-now-supports-doge","to_ping":"","pinged":"","post_modified":"2023-04-11 12:50:37","post_modified_gmt":"2023-04-11 02:50:37","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=4106","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":4087,"post_author":"1","post_date":"2022-03-24 23:37:18","post_date_gmt":"2022-03-24 12:37:18","post_content":"\n

In a\u00a0blog post<\/a>\u00a0by Loopring's head of growth, Adam Browman states that \"the GameStop NFT Marketplace has taken its first steps to welcome users, and it is built atop Loopring!\"<\/p>\n\n\n\n

Browman believes that the project \"has the potential to cement itself at the forefront of this new paradigm and become the destination for global digital economies.\" The blog post states that users can get early access to the project now to set up usernames and profiles, as well as make their first deposits.<\/p>\n\n\n\n

GameStop and NFTs<\/h2>\n\n\n\n

Rumors circulating since November\u00a0suggested that Loopring might be working with GameStop on a metaverse-related project. The Wall Street Journal\u00a0reported<\/a> in January\u00a0that GameStop was planning to build a new team focused on NFTs.<\/p>\n\n\n\n

Soon after that announcement, GameStop mentioned Immuntable X as their primary partner for the project. Despite this fact, Loopring was mentioned<\/a> at the time in an SEC filing<\/a>.<\/p>\n\n\n\n

According to an article from Decrypt<\/a>, there has been a lot of confusion on the topic and who is powering the NFT marketplace. It turns out that both Loopring and Immutable X are powering the NFT plans of GameStop. Although Immutable X tweeted<\/a> in a thread how they are the \"preferred partner\".<\/p>\n\n\n\n

Immutable mentioned the Loopring integration \u201cwas not a surprise (and we welcome them!).\" The marketplace will act as an aggregator across NFT minting platforms. Although, it appears that Immutable X will receive the most focus on the marketplace being the \"preferred partner\".<\/p>\n\n\n\n

\nhttps:\/\/twitter.com\/Immutable\/status\/1506596126677295108\n<\/div><\/figure>\n\n\n\n

Since the announcement, $LRC<\/a>, the native token of Layer 2 blockchain<\/a> Loopring has soared over 35% to a high of $1.21. Although it is now trading steadily at $1.09. Loopring is currently sitting at a market cap of US$1.46 billion, according to data from CoinMarketCap.<\/p>\n\n\n\n

$IMX<\/a>, the token on the Immutable X blockchain is down 8.9% in the past 24 hours, trading at $2.19, according to data from CoinMarketCap.<\/p>\n\n\n\n

The other company in the mix, GameStop also had a huge day seeing a 14.5% gain to $141 in GME<\/a> stocks. Over 24 million GME shares were traded today alone. <\/p>\n","post_title":"GameStop NFT Marketplace Has Entered Beta, Integrated With Loopring","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"gamestop-nft-marketplace-has-entered-beta-integrated-with-loopring","to_ping":"","pinged":"","post_modified":"2022-03-24 23:37:42","post_modified_gmt":"2022-03-24 12:37:42","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=4087","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":4089,"post_author":"1","post_date":"2022-03-24 22:46:11","post_date_gmt":"2022-03-24 11:46:11","post_content":"\n

Floyd \u2019Money\u2019 Mayweather has re-entered the world of cryptocurrency with the announcement of his 2nd NFT project, dubbed Mayweverse. <\/p>\n\n\n\n

The project will consist of 5 different NFTs, each NFT will have 1000 copies available to mint. Every card has its own rarity, utility, and prizes. <\/p>\n\n\n\n

Despite how good it may sounds, Twitter users were quick to criticize. Floyd was reminded<\/a> of his previous NFT project<\/a>, which made him nearly US$5 million and is now worthless. \u201cYou already have an NFT project, it\u2019s called @RealFloydNFT. You released it last year and then stopped working on it immediately after. Have you been punched in the head so much that you\u2019re forgetting these things now?\u201d<\/p>\n\n\n\n

\nhttps:\/\/twitter.com\/Berke_eth\/status\/1506051809542037506\n<\/div><\/figure>\n\n\n\n

Users were quick to call his bluff<\/a>. Floyd states that he has been working on this for months, although the twitter handle @mayweverse<\/a> was created this month. <\/p>\n\n\n\n

Coffezilla, known for calling out rug pulls and scams within the industry tweeted<\/a> his thoughts on the NFT project. He states \"Floyd Mayweather is frantically deleting evidence of his last NFT scam. He's getting roasted by the investors.\" <\/p>\n\n\n\n

Will this NFT collection follow in the footsteps of his previous NFT collection and be abandoned, or will he stick by his word?<\/p>\n","post_title":"Floyd Mayweather Re-enters The World Of Crypto With \u2018Mayweverse\u2019 NFT Project","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"floyd-mayweather-re-enters-the-world-of-crypto-with-mayweverse-nft-project","to_ping":"","pinged":"","post_modified":"2022-03-24 23:37:53","post_modified_gmt":"2022-03-24 12:37:53","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=4089","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":4040,"post_author":"1","post_date":"2022-03-23 22:24:41","post_date_gmt":"2022-03-23 11:24:41","post_content":"\n

Crypto.com has announced<\/a> they are the official sponsor of the 2022 FIFA World Cup hosted in Qatar.<\/p>\n\n\n\n

As per their official announcement, Crypto.com will be the exclusive cryptocurrency trading platform sponsor of the event, benefitting from significant brand exposure both within and outside the stadiums.<\/p>\n\n\n\n

\nhttps:\/\/twitter.com\/cryptocom\/status\/1506424728818679808\n<\/div><\/figure>\n\n\n\n

\u201cCrypto.com has already demonstrated a commitment to supporting top-tier teams and leagues, major events and iconic venues across the world, and there is no platform bigger, or with a greater reach and cultural impact, than FIFA\u2019s global platform of football,\u201d<\/p>Kay Madati, FIFA\u2019s Chief Commercial Officer.<\/cite><\/blockquote>\n\n\n\n

In November of 2021, Crypto.com announced they bought the rights to the Staples Arena,<\/a> in a historic deal inked at US$700 million. Crypto.com has also\u00a0partnered with the Australian Football League<\/a>\u00a0in a $25 million deal, signed a $100-million sponsorship with Formula 1, and confirmed a $175 million sponsorship with the UFC.<\/p>\n\n\n\n

CEO and Co-Founder of Crypto.com Kris Marszalek believes that the sponsorship with the FIFA World Cup will \u201cdrive further awareness of Crypto.com globally.\u201d This is just one more addition to their expanding list of sponsorships worldwide.<\/p>\n","post_title":"CryptoCom Is The Main Sponsor Of The 2022 World Cup","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"crypto-com-is-the-main-sponsor-of-the-2022-world-cup","to_ping":"","pinged":"\nhttps:\/\/www.thedistributed.co\/crypto-com-arena-deal-sealed\/","post_modified":"2022-06-06 21:35:19","post_modified_gmt":"2022-06-06 11:35:19","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=4040","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};

1 76 77 78 79 80 85

Most Read

Subscribe To Our Newsletter

By subscribing, you agree with our privacy and terms.

Follow The Distributed

ADVERTISEMENT
\n

According to reports released on Friday, Indian Finance Minister Nirmala Sitharaman has introduced a capital gains tax of 30% on cryptocurrency transactions.\u00a0<\/p>\n\n\n\n

To add, Indians buying or selling crypto will have to pay a 1% tax deducted at source (TDS), as well as taxes on crypto gifts. The bill states that users are not able to take deductions for any losses. <\/p>\n\n\n\n

The crypto taxes will come into effect on April 1, while the TDS will start on July 1.<\/p>\n\n\n\n

\nhttps:\/\/twitter.com\/WatcherGuru\/status\/1507334988164964355?ref_src=twsrc%5Etfw%7Ctwcamp%5Etweetembed%7Ctwterm%5E1507334988164964355%7Ctwgr%5E%7Ctwcon%5Es1_&ref_url=https%3A%2F%2Fen.ethereumworldnews.com%2Findia-heavy-crypto-tax-law%2F\n<\/div><\/figure>\n\n\n\n

The bill was initially proposed<\/a> in Feburary but was met with heavy backlash<\/a> by Indians, calling for changes to the imposed policy.<\/p>\n\n\n\n

The bill was met with criticism in the government, 20+ members of the lower house of Parliment criticized the lack of definition of the word cryptocurrency in the bill arguing that this would \"finish the industry\". Criticisers were met with a sharp response that \"there is no confusing signal\". <\/p>\n\n\n\n

Sitharaman states the main reason for the tax is because people are profiting from it. Despite this Indians are still not able to take deductions for any losses.<\/p>\n\n\n\n

Many cryptocurrency companies and users are considering filing an appeal to the Indian Supreme Court. <\/p>\n","post_title":"Indian Parliament Passes A 30% Crypto Tax Law","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"indian-parliament-passes-a-30-crypto-tax-law","to_ping":"","pinged":"\nhttps:\/\/www.thedistributed.co\/petition-to-reduce-30-tax-on-crypto-gains-in-india-reaches-a-25000-signatures-milestone%ef%bf%bc\/","post_modified":"2022-03-26 17:42:58","post_modified_gmt":"2022-03-26 06:42:58","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=4116","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":4110,"post_author":"1","post_date":"2022-03-26 12:54:51","post_date_gmt":"2022-03-26 01:54:51","post_content":"\n

Google has filed<\/a> a trademark application for a 'Non-Fungible Planet'. Although it seems that the trademark has less to do with cryptocurrencies and more to do with environmental activism.<\/p>\n\n\n\n

The filing is an 'educational' campaign aimed at \u201cproviding information about environmental protection, conservation, energy efficiency, climate change, reducing carbon footprints, environmental issues and sustainability efforts\".<\/p>\n\n\n\n

The project aims to provide \"educational and entertainment services, namely, providing online non-downloadable videos featuring information in the fields of environmental protection, conservation, energy efficiency, climate change, reducing carbon footprints, environmental issues and sustainability efforts.\"<\/p>\n\n\n\n

Non-Fungible Planet is implicative of Non-Fungible Tokens (NFTs<\/a>) which have taken the crypto industry by storm in the last few years. Although the filing itself makes no mention of NFTs. Non-fungible can be defined as something that cannot be replicated like for like, so in reference to Google's campaign, this could be that we only have one planet and mustn't spoil it.<\/p>\n","post_title":"'Non-Fungible Planet' Is Google's Newest Trademark Filing","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"non-fungible-planet-is-googles-newest-trademark-filing","to_ping":"","pinged":"","post_modified":"2022-03-26 17:43:23","post_modified_gmt":"2022-03-26 06:43:23","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=4110","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":4106,"post_author":"1","post_date":"2022-03-25 21:40:55","post_date_gmt":"2022-03-25 10:40:55","post_content":"\n

Bitcoin ATM operator, Bitcoin of America<\/a> announced<\/a> in a press release that their ATMs support the transaction of Dogecoin ($DOGE).<\/p>\n\n\n\n

\nhttps:\/\/twitter.com\/BTCofAmerica\/status\/1506632012454629390?ref_src=twsrc%5Etfw%7Ctwcamp%5Etweetembed%7Ctwterm%5E1506632012454629390%7Ctwgr%5E%7Ctwcon%5Es1_&ref_url=https%3A%2F%2Fu.today%2Fdogecoin-now-added-to-bitcoin-of-america-atms-details\n<\/div><\/figure>\n\n\n\n

After recognizing the popularity of the meme-coin and the attention it could bring, Bitcoin of America added the currency to their BTMs. Dogecoin ($DOGE<\/a>) is now available for transactions alongside Bitcoin ($BTC<\/a>), Ethereum ($ETH<\/a>), and Litecoin ($LTC<\/a>). To date, Bitcoin of America has 1800 plus BTMs across 31 states.\u00a0<\/p>\n\n\n\n

Bitcoin of America has made several updates to its BTMs with the announcement of its new Universal Kiosk.\u00a0The new universal kiosk combines the capabilities of a traditional ATM with a Bitcoin ATM and offers 3 main functions. The first is the traditional ATM feature where customers can dispense cash from a debit card. The second function is being able to\u00a0buy cryptocurrency\u00a0with cash. The last is that customers can sell crypto in return for cash.<\/p>\n\n\n\n

Dogecoin has rallied in the past few days going from $0.123 to a high of $0.140. The current market cap is sitting at US$18 billion.<\/p>\n\n\n\n

\"\"
Dogecoin 2-Day Price Data - Source: CoinMarketCap<\/figcaption><\/figure>\n","post_title":"Bitcoin ATM Operator Now Supports $DOGE","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"bitcoin-atm-operator-now-supports-doge","to_ping":"","pinged":"","post_modified":"2023-04-11 12:50:37","post_modified_gmt":"2023-04-11 02:50:37","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=4106","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":4087,"post_author":"1","post_date":"2022-03-24 23:37:18","post_date_gmt":"2022-03-24 12:37:18","post_content":"\n

In a\u00a0blog post<\/a>\u00a0by Loopring's head of growth, Adam Browman states that \"the GameStop NFT Marketplace has taken its first steps to welcome users, and it is built atop Loopring!\"<\/p>\n\n\n\n

Browman believes that the project \"has the potential to cement itself at the forefront of this new paradigm and become the destination for global digital economies.\" The blog post states that users can get early access to the project now to set up usernames and profiles, as well as make their first deposits.<\/p>\n\n\n\n

GameStop and NFTs<\/h2>\n\n\n\n

Rumors circulating since November\u00a0suggested that Loopring might be working with GameStop on a metaverse-related project. The Wall Street Journal\u00a0reported<\/a> in January\u00a0that GameStop was planning to build a new team focused on NFTs.<\/p>\n\n\n\n

Soon after that announcement, GameStop mentioned Immuntable X as their primary partner for the project. Despite this fact, Loopring was mentioned<\/a> at the time in an SEC filing<\/a>.<\/p>\n\n\n\n

According to an article from Decrypt<\/a>, there has been a lot of confusion on the topic and who is powering the NFT marketplace. It turns out that both Loopring and Immutable X are powering the NFT plans of GameStop. Although Immutable X tweeted<\/a> in a thread how they are the \"preferred partner\".<\/p>\n\n\n\n

Immutable mentioned the Loopring integration \u201cwas not a surprise (and we welcome them!).\" The marketplace will act as an aggregator across NFT minting platforms. Although, it appears that Immutable X will receive the most focus on the marketplace being the \"preferred partner\".<\/p>\n\n\n\n

\nhttps:\/\/twitter.com\/Immutable\/status\/1506596126677295108\n<\/div><\/figure>\n\n\n\n

Since the announcement, $LRC<\/a>, the native token of Layer 2 blockchain<\/a> Loopring has soared over 35% to a high of $1.21. Although it is now trading steadily at $1.09. Loopring is currently sitting at a market cap of US$1.46 billion, according to data from CoinMarketCap.<\/p>\n\n\n\n

$IMX<\/a>, the token on the Immutable X blockchain is down 8.9% in the past 24 hours, trading at $2.19, according to data from CoinMarketCap.<\/p>\n\n\n\n

The other company in the mix, GameStop also had a huge day seeing a 14.5% gain to $141 in GME<\/a> stocks. Over 24 million GME shares were traded today alone. <\/p>\n","post_title":"GameStop NFT Marketplace Has Entered Beta, Integrated With Loopring","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"gamestop-nft-marketplace-has-entered-beta-integrated-with-loopring","to_ping":"","pinged":"","post_modified":"2022-03-24 23:37:42","post_modified_gmt":"2022-03-24 12:37:42","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=4087","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":4089,"post_author":"1","post_date":"2022-03-24 22:46:11","post_date_gmt":"2022-03-24 11:46:11","post_content":"\n

Floyd \u2019Money\u2019 Mayweather has re-entered the world of cryptocurrency with the announcement of his 2nd NFT project, dubbed Mayweverse. <\/p>\n\n\n\n

The project will consist of 5 different NFTs, each NFT will have 1000 copies available to mint. Every card has its own rarity, utility, and prizes. <\/p>\n\n\n\n

Despite how good it may sounds, Twitter users were quick to criticize. Floyd was reminded<\/a> of his previous NFT project<\/a>, which made him nearly US$5 million and is now worthless. \u201cYou already have an NFT project, it\u2019s called @RealFloydNFT. You released it last year and then stopped working on it immediately after. Have you been punched in the head so much that you\u2019re forgetting these things now?\u201d<\/p>\n\n\n\n

\nhttps:\/\/twitter.com\/Berke_eth\/status\/1506051809542037506\n<\/div><\/figure>\n\n\n\n

Users were quick to call his bluff<\/a>. Floyd states that he has been working on this for months, although the twitter handle @mayweverse<\/a> was created this month. <\/p>\n\n\n\n

Coffezilla, known for calling out rug pulls and scams within the industry tweeted<\/a> his thoughts on the NFT project. He states \"Floyd Mayweather is frantically deleting evidence of his last NFT scam. He's getting roasted by the investors.\" <\/p>\n\n\n\n

Will this NFT collection follow in the footsteps of his previous NFT collection and be abandoned, or will he stick by his word?<\/p>\n","post_title":"Floyd Mayweather Re-enters The World Of Crypto With \u2018Mayweverse\u2019 NFT Project","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"floyd-mayweather-re-enters-the-world-of-crypto-with-mayweverse-nft-project","to_ping":"","pinged":"","post_modified":"2022-03-24 23:37:53","post_modified_gmt":"2022-03-24 12:37:53","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=4089","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":4040,"post_author":"1","post_date":"2022-03-23 22:24:41","post_date_gmt":"2022-03-23 11:24:41","post_content":"\n

Crypto.com has announced<\/a> they are the official sponsor of the 2022 FIFA World Cup hosted in Qatar.<\/p>\n\n\n\n

As per their official announcement, Crypto.com will be the exclusive cryptocurrency trading platform sponsor of the event, benefitting from significant brand exposure both within and outside the stadiums.<\/p>\n\n\n\n

\nhttps:\/\/twitter.com\/cryptocom\/status\/1506424728818679808\n<\/div><\/figure>\n\n\n\n

\u201cCrypto.com has already demonstrated a commitment to supporting top-tier teams and leagues, major events and iconic venues across the world, and there is no platform bigger, or with a greater reach and cultural impact, than FIFA\u2019s global platform of football,\u201d<\/p>Kay Madati, FIFA\u2019s Chief Commercial Officer.<\/cite><\/blockquote>\n\n\n\n

In November of 2021, Crypto.com announced they bought the rights to the Staples Arena,<\/a> in a historic deal inked at US$700 million. Crypto.com has also\u00a0partnered with the Australian Football League<\/a>\u00a0in a $25 million deal, signed a $100-million sponsorship with Formula 1, and confirmed a $175 million sponsorship with the UFC.<\/p>\n\n\n\n

CEO and Co-Founder of Crypto.com Kris Marszalek believes that the sponsorship with the FIFA World Cup will \u201cdrive further awareness of Crypto.com globally.\u201d This is just one more addition to their expanding list of sponsorships worldwide.<\/p>\n","post_title":"CryptoCom Is The Main Sponsor Of The 2022 World Cup","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"crypto-com-is-the-main-sponsor-of-the-2022-world-cup","to_ping":"","pinged":"\nhttps:\/\/www.thedistributed.co\/crypto-com-arena-deal-sealed\/","post_modified":"2022-06-06 21:35:19","post_modified_gmt":"2022-06-06 11:35:19","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=4040","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};

1 76 77 78 79 80 85

Most Read

Subscribe To Our Newsletter

By subscribing, you agree with our privacy and terms.

Follow The Distributed

ADVERTISEMENT
\n

Both of the criminals are facing serious time in relation to the scam. This goes to show although cryptocurrencies are based around anonymity, it doesn't allow for illegal acts to stay hidden either.<\/p>\n","post_title":"Frosties NFT Rugpullers Arrested Over A $1.1 Million Scam","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"frosties-nft-rugpullers-arrested-over-a-1-1-million-scam","to_ping":"","pinged":"","post_modified":"2022-03-27 22:51:07","post_modified_gmt":"2022-03-27 11:51:07","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=4122","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":4116,"post_author":"1","post_date":"2022-03-26 17:39:16","post_date_gmt":"2022-03-26 06:39:16","post_content":"\n

According to reports released on Friday, Indian Finance Minister Nirmala Sitharaman has introduced a capital gains tax of 30% on cryptocurrency transactions.\u00a0<\/p>\n\n\n\n

To add, Indians buying or selling crypto will have to pay a 1% tax deducted at source (TDS), as well as taxes on crypto gifts. The bill states that users are not able to take deductions for any losses. <\/p>\n\n\n\n

The crypto taxes will come into effect on April 1, while the TDS will start on July 1.<\/p>\n\n\n\n

\nhttps:\/\/twitter.com\/WatcherGuru\/status\/1507334988164964355?ref_src=twsrc%5Etfw%7Ctwcamp%5Etweetembed%7Ctwterm%5E1507334988164964355%7Ctwgr%5E%7Ctwcon%5Es1_&ref_url=https%3A%2F%2Fen.ethereumworldnews.com%2Findia-heavy-crypto-tax-law%2F\n<\/div><\/figure>\n\n\n\n

The bill was initially proposed<\/a> in Feburary but was met with heavy backlash<\/a> by Indians, calling for changes to the imposed policy.<\/p>\n\n\n\n

The bill was met with criticism in the government, 20+ members of the lower house of Parliment criticized the lack of definition of the word cryptocurrency in the bill arguing that this would \"finish the industry\". Criticisers were met with a sharp response that \"there is no confusing signal\". <\/p>\n\n\n\n

Sitharaman states the main reason for the tax is because people are profiting from it. Despite this Indians are still not able to take deductions for any losses.<\/p>\n\n\n\n

Many cryptocurrency companies and users are considering filing an appeal to the Indian Supreme Court. <\/p>\n","post_title":"Indian Parliament Passes A 30% Crypto Tax Law","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"indian-parliament-passes-a-30-crypto-tax-law","to_ping":"","pinged":"\nhttps:\/\/www.thedistributed.co\/petition-to-reduce-30-tax-on-crypto-gains-in-india-reaches-a-25000-signatures-milestone%ef%bf%bc\/","post_modified":"2022-03-26 17:42:58","post_modified_gmt":"2022-03-26 06:42:58","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=4116","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":4110,"post_author":"1","post_date":"2022-03-26 12:54:51","post_date_gmt":"2022-03-26 01:54:51","post_content":"\n

Google has filed<\/a> a trademark application for a 'Non-Fungible Planet'. Although it seems that the trademark has less to do with cryptocurrencies and more to do with environmental activism.<\/p>\n\n\n\n

The filing is an 'educational' campaign aimed at \u201cproviding information about environmental protection, conservation, energy efficiency, climate change, reducing carbon footprints, environmental issues and sustainability efforts\".<\/p>\n\n\n\n

The project aims to provide \"educational and entertainment services, namely, providing online non-downloadable videos featuring information in the fields of environmental protection, conservation, energy efficiency, climate change, reducing carbon footprints, environmental issues and sustainability efforts.\"<\/p>\n\n\n\n

Non-Fungible Planet is implicative of Non-Fungible Tokens (NFTs<\/a>) which have taken the crypto industry by storm in the last few years. Although the filing itself makes no mention of NFTs. Non-fungible can be defined as something that cannot be replicated like for like, so in reference to Google's campaign, this could be that we only have one planet and mustn't spoil it.<\/p>\n","post_title":"'Non-Fungible Planet' Is Google's Newest Trademark Filing","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"non-fungible-planet-is-googles-newest-trademark-filing","to_ping":"","pinged":"","post_modified":"2022-03-26 17:43:23","post_modified_gmt":"2022-03-26 06:43:23","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=4110","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":4106,"post_author":"1","post_date":"2022-03-25 21:40:55","post_date_gmt":"2022-03-25 10:40:55","post_content":"\n

Bitcoin ATM operator, Bitcoin of America<\/a> announced<\/a> in a press release that their ATMs support the transaction of Dogecoin ($DOGE).<\/p>\n\n\n\n

\nhttps:\/\/twitter.com\/BTCofAmerica\/status\/1506632012454629390?ref_src=twsrc%5Etfw%7Ctwcamp%5Etweetembed%7Ctwterm%5E1506632012454629390%7Ctwgr%5E%7Ctwcon%5Es1_&ref_url=https%3A%2F%2Fu.today%2Fdogecoin-now-added-to-bitcoin-of-america-atms-details\n<\/div><\/figure>\n\n\n\n

After recognizing the popularity of the meme-coin and the attention it could bring, Bitcoin of America added the currency to their BTMs. Dogecoin ($DOGE<\/a>) is now available for transactions alongside Bitcoin ($BTC<\/a>), Ethereum ($ETH<\/a>), and Litecoin ($LTC<\/a>). To date, Bitcoin of America has 1800 plus BTMs across 31 states.\u00a0<\/p>\n\n\n\n

Bitcoin of America has made several updates to its BTMs with the announcement of its new Universal Kiosk.\u00a0The new universal kiosk combines the capabilities of a traditional ATM with a Bitcoin ATM and offers 3 main functions. The first is the traditional ATM feature where customers can dispense cash from a debit card. The second function is being able to\u00a0buy cryptocurrency\u00a0with cash. The last is that customers can sell crypto in return for cash.<\/p>\n\n\n\n

Dogecoin has rallied in the past few days going from $0.123 to a high of $0.140. The current market cap is sitting at US$18 billion.<\/p>\n\n\n\n

\"\"
Dogecoin 2-Day Price Data - Source: CoinMarketCap<\/figcaption><\/figure>\n","post_title":"Bitcoin ATM Operator Now Supports $DOGE","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"bitcoin-atm-operator-now-supports-doge","to_ping":"","pinged":"","post_modified":"2023-04-11 12:50:37","post_modified_gmt":"2023-04-11 02:50:37","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=4106","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":4087,"post_author":"1","post_date":"2022-03-24 23:37:18","post_date_gmt":"2022-03-24 12:37:18","post_content":"\n

In a\u00a0blog post<\/a>\u00a0by Loopring's head of growth, Adam Browman states that \"the GameStop NFT Marketplace has taken its first steps to welcome users, and it is built atop Loopring!\"<\/p>\n\n\n\n

Browman believes that the project \"has the potential to cement itself at the forefront of this new paradigm and become the destination for global digital economies.\" The blog post states that users can get early access to the project now to set up usernames and profiles, as well as make their first deposits.<\/p>\n\n\n\n

GameStop and NFTs<\/h2>\n\n\n\n

Rumors circulating since November\u00a0suggested that Loopring might be working with GameStop on a metaverse-related project. The Wall Street Journal\u00a0reported<\/a> in January\u00a0that GameStop was planning to build a new team focused on NFTs.<\/p>\n\n\n\n

Soon after that announcement, GameStop mentioned Immuntable X as their primary partner for the project. Despite this fact, Loopring was mentioned<\/a> at the time in an SEC filing<\/a>.<\/p>\n\n\n\n

According to an article from Decrypt<\/a>, there has been a lot of confusion on the topic and who is powering the NFT marketplace. It turns out that both Loopring and Immutable X are powering the NFT plans of GameStop. Although Immutable X tweeted<\/a> in a thread how they are the \"preferred partner\".<\/p>\n\n\n\n

Immutable mentioned the Loopring integration \u201cwas not a surprise (and we welcome them!).\" The marketplace will act as an aggregator across NFT minting platforms. Although, it appears that Immutable X will receive the most focus on the marketplace being the \"preferred partner\".<\/p>\n\n\n\n

\nhttps:\/\/twitter.com\/Immutable\/status\/1506596126677295108\n<\/div><\/figure>\n\n\n\n

Since the announcement, $LRC<\/a>, the native token of Layer 2 blockchain<\/a> Loopring has soared over 35% to a high of $1.21. Although it is now trading steadily at $1.09. Loopring is currently sitting at a market cap of US$1.46 billion, according to data from CoinMarketCap.<\/p>\n\n\n\n

$IMX<\/a>, the token on the Immutable X blockchain is down 8.9% in the past 24 hours, trading at $2.19, according to data from CoinMarketCap.<\/p>\n\n\n\n

The other company in the mix, GameStop also had a huge day seeing a 14.5% gain to $141 in GME<\/a> stocks. Over 24 million GME shares were traded today alone. <\/p>\n","post_title":"GameStop NFT Marketplace Has Entered Beta, Integrated With Loopring","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"gamestop-nft-marketplace-has-entered-beta-integrated-with-loopring","to_ping":"","pinged":"","post_modified":"2022-03-24 23:37:42","post_modified_gmt":"2022-03-24 12:37:42","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=4087","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":4089,"post_author":"1","post_date":"2022-03-24 22:46:11","post_date_gmt":"2022-03-24 11:46:11","post_content":"\n

Floyd \u2019Money\u2019 Mayweather has re-entered the world of cryptocurrency with the announcement of his 2nd NFT project, dubbed Mayweverse. <\/p>\n\n\n\n

The project will consist of 5 different NFTs, each NFT will have 1000 copies available to mint. Every card has its own rarity, utility, and prizes. <\/p>\n\n\n\n

Despite how good it may sounds, Twitter users were quick to criticize. Floyd was reminded<\/a> of his previous NFT project<\/a>, which made him nearly US$5 million and is now worthless. \u201cYou already have an NFT project, it\u2019s called @RealFloydNFT. You released it last year and then stopped working on it immediately after. Have you been punched in the head so much that you\u2019re forgetting these things now?\u201d<\/p>\n\n\n\n

\nhttps:\/\/twitter.com\/Berke_eth\/status\/1506051809542037506\n<\/div><\/figure>\n\n\n\n

Users were quick to call his bluff<\/a>. Floyd states that he has been working on this for months, although the twitter handle @mayweverse<\/a> was created this month. <\/p>\n\n\n\n

Coffezilla, known for calling out rug pulls and scams within the industry tweeted<\/a> his thoughts on the NFT project. He states \"Floyd Mayweather is frantically deleting evidence of his last NFT scam. He's getting roasted by the investors.\" <\/p>\n\n\n\n

Will this NFT collection follow in the footsteps of his previous NFT collection and be abandoned, or will he stick by his word?<\/p>\n","post_title":"Floyd Mayweather Re-enters The World Of Crypto With \u2018Mayweverse\u2019 NFT Project","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"floyd-mayweather-re-enters-the-world-of-crypto-with-mayweverse-nft-project","to_ping":"","pinged":"","post_modified":"2022-03-24 23:37:53","post_modified_gmt":"2022-03-24 12:37:53","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=4089","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":4040,"post_author":"1","post_date":"2022-03-23 22:24:41","post_date_gmt":"2022-03-23 11:24:41","post_content":"\n

Crypto.com has announced<\/a> they are the official sponsor of the 2022 FIFA World Cup hosted in Qatar.<\/p>\n\n\n\n

As per their official announcement, Crypto.com will be the exclusive cryptocurrency trading platform sponsor of the event, benefitting from significant brand exposure both within and outside the stadiums.<\/p>\n\n\n\n

\nhttps:\/\/twitter.com\/cryptocom\/status\/1506424728818679808\n<\/div><\/figure>\n\n\n\n

\u201cCrypto.com has already demonstrated a commitment to supporting top-tier teams and leagues, major events and iconic venues across the world, and there is no platform bigger, or with a greater reach and cultural impact, than FIFA\u2019s global platform of football,\u201d<\/p>Kay Madati, FIFA\u2019s Chief Commercial Officer.<\/cite><\/blockquote>\n\n\n\n

In November of 2021, Crypto.com announced they bought the rights to the Staples Arena,<\/a> in a historic deal inked at US$700 million. Crypto.com has also\u00a0partnered with the Australian Football League<\/a>\u00a0in a $25 million deal, signed a $100-million sponsorship with Formula 1, and confirmed a $175 million sponsorship with the UFC.<\/p>\n\n\n\n

CEO and Co-Founder of Crypto.com Kris Marszalek believes that the sponsorship with the FIFA World Cup will \u201cdrive further awareness of Crypto.com globally.\u201d This is just one more addition to their expanding list of sponsorships worldwide.<\/p>\n","post_title":"CryptoCom Is The Main Sponsor Of The 2022 World Cup","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"crypto-com-is-the-main-sponsor-of-the-2022-world-cup","to_ping":"","pinged":"\nhttps:\/\/www.thedistributed.co\/crypto-com-arena-deal-sealed\/","post_modified":"2022-06-06 21:35:19","post_modified_gmt":"2022-06-06 11:35:19","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=4040","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};

1 76 77 78 79 80 85

Most Read

Subscribe To Our Newsletter

By subscribing, you agree with our privacy and terms.

Follow The Distributed

ADVERTISEMENT
\n

Prior to their arrests, Nguyen and Llacuna were advertising a second NFT project under the name \"Embers\", which had many similarities to the Frosties NFT project. The DOJ believes that this was another \"fraud scheme\".<\/p>\n\n\n\n

Both of the criminals are facing serious time in relation to the scam. This goes to show although cryptocurrencies are based around anonymity, it doesn't allow for illegal acts to stay hidden either.<\/p>\n","post_title":"Frosties NFT Rugpullers Arrested Over A $1.1 Million Scam","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"frosties-nft-rugpullers-arrested-over-a-1-1-million-scam","to_ping":"","pinged":"","post_modified":"2022-03-27 22:51:07","post_modified_gmt":"2022-03-27 11:51:07","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=4122","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":4116,"post_author":"1","post_date":"2022-03-26 17:39:16","post_date_gmt":"2022-03-26 06:39:16","post_content":"\n

According to reports released on Friday, Indian Finance Minister Nirmala Sitharaman has introduced a capital gains tax of 30% on cryptocurrency transactions.\u00a0<\/p>\n\n\n\n

To add, Indians buying or selling crypto will have to pay a 1% tax deducted at source (TDS), as well as taxes on crypto gifts. The bill states that users are not able to take deductions for any losses. <\/p>\n\n\n\n

The crypto taxes will come into effect on April 1, while the TDS will start on July 1.<\/p>\n\n\n\n

\nhttps:\/\/twitter.com\/WatcherGuru\/status\/1507334988164964355?ref_src=twsrc%5Etfw%7Ctwcamp%5Etweetembed%7Ctwterm%5E1507334988164964355%7Ctwgr%5E%7Ctwcon%5Es1_&ref_url=https%3A%2F%2Fen.ethereumworldnews.com%2Findia-heavy-crypto-tax-law%2F\n<\/div><\/figure>\n\n\n\n

The bill was initially proposed<\/a> in Feburary but was met with heavy backlash<\/a> by Indians, calling for changes to the imposed policy.<\/p>\n\n\n\n

The bill was met with criticism in the government, 20+ members of the lower house of Parliment criticized the lack of definition of the word cryptocurrency in the bill arguing that this would \"finish the industry\". Criticisers were met with a sharp response that \"there is no confusing signal\". <\/p>\n\n\n\n

Sitharaman states the main reason for the tax is because people are profiting from it. Despite this Indians are still not able to take deductions for any losses.<\/p>\n\n\n\n

Many cryptocurrency companies and users are considering filing an appeal to the Indian Supreme Court. <\/p>\n","post_title":"Indian Parliament Passes A 30% Crypto Tax Law","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"indian-parliament-passes-a-30-crypto-tax-law","to_ping":"","pinged":"\nhttps:\/\/www.thedistributed.co\/petition-to-reduce-30-tax-on-crypto-gains-in-india-reaches-a-25000-signatures-milestone%ef%bf%bc\/","post_modified":"2022-03-26 17:42:58","post_modified_gmt":"2022-03-26 06:42:58","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=4116","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":4110,"post_author":"1","post_date":"2022-03-26 12:54:51","post_date_gmt":"2022-03-26 01:54:51","post_content":"\n

Google has filed<\/a> a trademark application for a 'Non-Fungible Planet'. Although it seems that the trademark has less to do with cryptocurrencies and more to do with environmental activism.<\/p>\n\n\n\n

The filing is an 'educational' campaign aimed at \u201cproviding information about environmental protection, conservation, energy efficiency, climate change, reducing carbon footprints, environmental issues and sustainability efforts\".<\/p>\n\n\n\n

The project aims to provide \"educational and entertainment services, namely, providing online non-downloadable videos featuring information in the fields of environmental protection, conservation, energy efficiency, climate change, reducing carbon footprints, environmental issues and sustainability efforts.\"<\/p>\n\n\n\n

Non-Fungible Planet is implicative of Non-Fungible Tokens (NFTs<\/a>) which have taken the crypto industry by storm in the last few years. Although the filing itself makes no mention of NFTs. Non-fungible can be defined as something that cannot be replicated like for like, so in reference to Google's campaign, this could be that we only have one planet and mustn't spoil it.<\/p>\n","post_title":"'Non-Fungible Planet' Is Google's Newest Trademark Filing","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"non-fungible-planet-is-googles-newest-trademark-filing","to_ping":"","pinged":"","post_modified":"2022-03-26 17:43:23","post_modified_gmt":"2022-03-26 06:43:23","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=4110","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":4106,"post_author":"1","post_date":"2022-03-25 21:40:55","post_date_gmt":"2022-03-25 10:40:55","post_content":"\n

Bitcoin ATM operator, Bitcoin of America<\/a> announced<\/a> in a press release that their ATMs support the transaction of Dogecoin ($DOGE).<\/p>\n\n\n\n

\nhttps:\/\/twitter.com\/BTCofAmerica\/status\/1506632012454629390?ref_src=twsrc%5Etfw%7Ctwcamp%5Etweetembed%7Ctwterm%5E1506632012454629390%7Ctwgr%5E%7Ctwcon%5Es1_&ref_url=https%3A%2F%2Fu.today%2Fdogecoin-now-added-to-bitcoin-of-america-atms-details\n<\/div><\/figure>\n\n\n\n

After recognizing the popularity of the meme-coin and the attention it could bring, Bitcoin of America added the currency to their BTMs. Dogecoin ($DOGE<\/a>) is now available for transactions alongside Bitcoin ($BTC<\/a>), Ethereum ($ETH<\/a>), and Litecoin ($LTC<\/a>). To date, Bitcoin of America has 1800 plus BTMs across 31 states.\u00a0<\/p>\n\n\n\n

Bitcoin of America has made several updates to its BTMs with the announcement of its new Universal Kiosk.\u00a0The new universal kiosk combines the capabilities of a traditional ATM with a Bitcoin ATM and offers 3 main functions. The first is the traditional ATM feature where customers can dispense cash from a debit card. The second function is being able to\u00a0buy cryptocurrency\u00a0with cash. The last is that customers can sell crypto in return for cash.<\/p>\n\n\n\n

Dogecoin has rallied in the past few days going from $0.123 to a high of $0.140. The current market cap is sitting at US$18 billion.<\/p>\n\n\n\n

\"\"
Dogecoin 2-Day Price Data - Source: CoinMarketCap<\/figcaption><\/figure>\n","post_title":"Bitcoin ATM Operator Now Supports $DOGE","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"bitcoin-atm-operator-now-supports-doge","to_ping":"","pinged":"","post_modified":"2023-04-11 12:50:37","post_modified_gmt":"2023-04-11 02:50:37","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=4106","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":4087,"post_author":"1","post_date":"2022-03-24 23:37:18","post_date_gmt":"2022-03-24 12:37:18","post_content":"\n

In a\u00a0blog post<\/a>\u00a0by Loopring's head of growth, Adam Browman states that \"the GameStop NFT Marketplace has taken its first steps to welcome users, and it is built atop Loopring!\"<\/p>\n\n\n\n

Browman believes that the project \"has the potential to cement itself at the forefront of this new paradigm and become the destination for global digital economies.\" The blog post states that users can get early access to the project now to set up usernames and profiles, as well as make their first deposits.<\/p>\n\n\n\n

GameStop and NFTs<\/h2>\n\n\n\n

Rumors circulating since November\u00a0suggested that Loopring might be working with GameStop on a metaverse-related project. The Wall Street Journal\u00a0reported<\/a> in January\u00a0that GameStop was planning to build a new team focused on NFTs.<\/p>\n\n\n\n

Soon after that announcement, GameStop mentioned Immuntable X as their primary partner for the project. Despite this fact, Loopring was mentioned<\/a> at the time in an SEC filing<\/a>.<\/p>\n\n\n\n

According to an article from Decrypt<\/a>, there has been a lot of confusion on the topic and who is powering the NFT marketplace. It turns out that both Loopring and Immutable X are powering the NFT plans of GameStop. Although Immutable X tweeted<\/a> in a thread how they are the \"preferred partner\".<\/p>\n\n\n\n

Immutable mentioned the Loopring integration \u201cwas not a surprise (and we welcome them!).\" The marketplace will act as an aggregator across NFT minting platforms. Although, it appears that Immutable X will receive the most focus on the marketplace being the \"preferred partner\".<\/p>\n\n\n\n

\nhttps:\/\/twitter.com\/Immutable\/status\/1506596126677295108\n<\/div><\/figure>\n\n\n\n

Since the announcement, $LRC<\/a>, the native token of Layer 2 blockchain<\/a> Loopring has soared over 35% to a high of $1.21. Although it is now trading steadily at $1.09. Loopring is currently sitting at a market cap of US$1.46 billion, according to data from CoinMarketCap.<\/p>\n\n\n\n

$IMX<\/a>, the token on the Immutable X blockchain is down 8.9% in the past 24 hours, trading at $2.19, according to data from CoinMarketCap.<\/p>\n\n\n\n

The other company in the mix, GameStop also had a huge day seeing a 14.5% gain to $141 in GME<\/a> stocks. Over 24 million GME shares were traded today alone. <\/p>\n","post_title":"GameStop NFT Marketplace Has Entered Beta, Integrated With Loopring","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"gamestop-nft-marketplace-has-entered-beta-integrated-with-loopring","to_ping":"","pinged":"","post_modified":"2022-03-24 23:37:42","post_modified_gmt":"2022-03-24 12:37:42","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=4087","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":4089,"post_author":"1","post_date":"2022-03-24 22:46:11","post_date_gmt":"2022-03-24 11:46:11","post_content":"\n

Floyd \u2019Money\u2019 Mayweather has re-entered the world of cryptocurrency with the announcement of his 2nd NFT project, dubbed Mayweverse. <\/p>\n\n\n\n

The project will consist of 5 different NFTs, each NFT will have 1000 copies available to mint. Every card has its own rarity, utility, and prizes. <\/p>\n\n\n\n

Despite how good it may sounds, Twitter users were quick to criticize. Floyd was reminded<\/a> of his previous NFT project<\/a>, which made him nearly US$5 million and is now worthless. \u201cYou already have an NFT project, it\u2019s called @RealFloydNFT. You released it last year and then stopped working on it immediately after. Have you been punched in the head so much that you\u2019re forgetting these things now?\u201d<\/p>\n\n\n\n

\nhttps:\/\/twitter.com\/Berke_eth\/status\/1506051809542037506\n<\/div><\/figure>\n\n\n\n

Users were quick to call his bluff<\/a>. Floyd states that he has been working on this for months, although the twitter handle @mayweverse<\/a> was created this month. <\/p>\n\n\n\n

Coffezilla, known for calling out rug pulls and scams within the industry tweeted<\/a> his thoughts on the NFT project. He states \"Floyd Mayweather is frantically deleting evidence of his last NFT scam. He's getting roasted by the investors.\" <\/p>\n\n\n\n

Will this NFT collection follow in the footsteps of his previous NFT collection and be abandoned, or will he stick by his word?<\/p>\n","post_title":"Floyd Mayweather Re-enters The World Of Crypto With \u2018Mayweverse\u2019 NFT Project","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"floyd-mayweather-re-enters-the-world-of-crypto-with-mayweverse-nft-project","to_ping":"","pinged":"","post_modified":"2022-03-24 23:37:53","post_modified_gmt":"2022-03-24 12:37:53","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=4089","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":4040,"post_author":"1","post_date":"2022-03-23 22:24:41","post_date_gmt":"2022-03-23 11:24:41","post_content":"\n

Crypto.com has announced<\/a> they are the official sponsor of the 2022 FIFA World Cup hosted in Qatar.<\/p>\n\n\n\n

As per their official announcement, Crypto.com will be the exclusive cryptocurrency trading platform sponsor of the event, benefitting from significant brand exposure both within and outside the stadiums.<\/p>\n\n\n\n

\nhttps:\/\/twitter.com\/cryptocom\/status\/1506424728818679808\n<\/div><\/figure>\n\n\n\n

\u201cCrypto.com has already demonstrated a commitment to supporting top-tier teams and leagues, major events and iconic venues across the world, and there is no platform bigger, or with a greater reach and cultural impact, than FIFA\u2019s global platform of football,\u201d<\/p>Kay Madati, FIFA\u2019s Chief Commercial Officer.<\/cite><\/blockquote>\n\n\n\n

In November of 2021, Crypto.com announced they bought the rights to the Staples Arena,<\/a> in a historic deal inked at US$700 million. Crypto.com has also\u00a0partnered with the Australian Football League<\/a>\u00a0in a $25 million deal, signed a $100-million sponsorship with Formula 1, and confirmed a $175 million sponsorship with the UFC.<\/p>\n\n\n\n

CEO and Co-Founder of Crypto.com Kris Marszalek believes that the sponsorship with the FIFA World Cup will \u201cdrive further awareness of Crypto.com globally.\u201d This is just one more addition to their expanding list of sponsorships worldwide.<\/p>\n","post_title":"CryptoCom Is The Main Sponsor Of The 2022 World Cup","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"crypto-com-is-the-main-sponsor-of-the-2022-world-cup","to_ping":"","pinged":"\nhttps:\/\/www.thedistributed.co\/crypto-com-arena-deal-sealed\/","post_modified":"2022-06-06 21:35:19","post_modified_gmt":"2022-06-06 11:35:19","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=4040","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};

1 76 77 78 79 80 85

Most Read

Subscribe To Our Newsletter

By subscribing, you agree with our privacy and terms.

Follow The Distributed

ADVERTISEMENT
\n

The report by the DOJ outlines that Nguyen and Llacuna \"abruptly abandoned the Frosties NFT project within hours after selling out of Frosties NFTs, deactivated the Frosties website, and transferred approximately $1.1 million in cryptocurrency proceeds from the scheme to various cryptocurrency wallets under their control in multiple transactions designed to obfuscate the original source of funds.\"<\/p>\n\n\n\n

Prior to their arrests, Nguyen and Llacuna were advertising a second NFT project under the name \"Embers\", which had many similarities to the Frosties NFT project. The DOJ believes that this was another \"fraud scheme\".<\/p>\n\n\n\n

Both of the criminals are facing serious time in relation to the scam. This goes to show although cryptocurrencies are based around anonymity, it doesn't allow for illegal acts to stay hidden either.<\/p>\n","post_title":"Frosties NFT Rugpullers Arrested Over A $1.1 Million Scam","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"frosties-nft-rugpullers-arrested-over-a-1-1-million-scam","to_ping":"","pinged":"","post_modified":"2022-03-27 22:51:07","post_modified_gmt":"2022-03-27 11:51:07","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=4122","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":4116,"post_author":"1","post_date":"2022-03-26 17:39:16","post_date_gmt":"2022-03-26 06:39:16","post_content":"\n

According to reports released on Friday, Indian Finance Minister Nirmala Sitharaman has introduced a capital gains tax of 30% on cryptocurrency transactions.\u00a0<\/p>\n\n\n\n

To add, Indians buying or selling crypto will have to pay a 1% tax deducted at source (TDS), as well as taxes on crypto gifts. The bill states that users are not able to take deductions for any losses. <\/p>\n\n\n\n

The crypto taxes will come into effect on April 1, while the TDS will start on July 1.<\/p>\n\n\n\n

\nhttps:\/\/twitter.com\/WatcherGuru\/status\/1507334988164964355?ref_src=twsrc%5Etfw%7Ctwcamp%5Etweetembed%7Ctwterm%5E1507334988164964355%7Ctwgr%5E%7Ctwcon%5Es1_&ref_url=https%3A%2F%2Fen.ethereumworldnews.com%2Findia-heavy-crypto-tax-law%2F\n<\/div><\/figure>\n\n\n\n

The bill was initially proposed<\/a> in Feburary but was met with heavy backlash<\/a> by Indians, calling for changes to the imposed policy.<\/p>\n\n\n\n

The bill was met with criticism in the government, 20+ members of the lower house of Parliment criticized the lack of definition of the word cryptocurrency in the bill arguing that this would \"finish the industry\". Criticisers were met with a sharp response that \"there is no confusing signal\". <\/p>\n\n\n\n

Sitharaman states the main reason for the tax is because people are profiting from it. Despite this Indians are still not able to take deductions for any losses.<\/p>\n\n\n\n

Many cryptocurrency companies and users are considering filing an appeal to the Indian Supreme Court. <\/p>\n","post_title":"Indian Parliament Passes A 30% Crypto Tax Law","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"indian-parliament-passes-a-30-crypto-tax-law","to_ping":"","pinged":"\nhttps:\/\/www.thedistributed.co\/petition-to-reduce-30-tax-on-crypto-gains-in-india-reaches-a-25000-signatures-milestone%ef%bf%bc\/","post_modified":"2022-03-26 17:42:58","post_modified_gmt":"2022-03-26 06:42:58","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=4116","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":4110,"post_author":"1","post_date":"2022-03-26 12:54:51","post_date_gmt":"2022-03-26 01:54:51","post_content":"\n

Google has filed<\/a> a trademark application for a 'Non-Fungible Planet'. Although it seems that the trademark has less to do with cryptocurrencies and more to do with environmental activism.<\/p>\n\n\n\n

The filing is an 'educational' campaign aimed at \u201cproviding information about environmental protection, conservation, energy efficiency, climate change, reducing carbon footprints, environmental issues and sustainability efforts\".<\/p>\n\n\n\n

The project aims to provide \"educational and entertainment services, namely, providing online non-downloadable videos featuring information in the fields of environmental protection, conservation, energy efficiency, climate change, reducing carbon footprints, environmental issues and sustainability efforts.\"<\/p>\n\n\n\n

Non-Fungible Planet is implicative of Non-Fungible Tokens (NFTs<\/a>) which have taken the crypto industry by storm in the last few years. Although the filing itself makes no mention of NFTs. Non-fungible can be defined as something that cannot be replicated like for like, so in reference to Google's campaign, this could be that we only have one planet and mustn't spoil it.<\/p>\n","post_title":"'Non-Fungible Planet' Is Google's Newest Trademark Filing","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"non-fungible-planet-is-googles-newest-trademark-filing","to_ping":"","pinged":"","post_modified":"2022-03-26 17:43:23","post_modified_gmt":"2022-03-26 06:43:23","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=4110","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":4106,"post_author":"1","post_date":"2022-03-25 21:40:55","post_date_gmt":"2022-03-25 10:40:55","post_content":"\n

Bitcoin ATM operator, Bitcoin of America<\/a> announced<\/a> in a press release that their ATMs support the transaction of Dogecoin ($DOGE).<\/p>\n\n\n\n

\nhttps:\/\/twitter.com\/BTCofAmerica\/status\/1506632012454629390?ref_src=twsrc%5Etfw%7Ctwcamp%5Etweetembed%7Ctwterm%5E1506632012454629390%7Ctwgr%5E%7Ctwcon%5Es1_&ref_url=https%3A%2F%2Fu.today%2Fdogecoin-now-added-to-bitcoin-of-america-atms-details\n<\/div><\/figure>\n\n\n\n

After recognizing the popularity of the meme-coin and the attention it could bring, Bitcoin of America added the currency to their BTMs. Dogecoin ($DOGE<\/a>) is now available for transactions alongside Bitcoin ($BTC<\/a>), Ethereum ($ETH<\/a>), and Litecoin ($LTC<\/a>). To date, Bitcoin of America has 1800 plus BTMs across 31 states.\u00a0<\/p>\n\n\n\n

Bitcoin of America has made several updates to its BTMs with the announcement of its new Universal Kiosk.\u00a0The new universal kiosk combines the capabilities of a traditional ATM with a Bitcoin ATM and offers 3 main functions. The first is the traditional ATM feature where customers can dispense cash from a debit card. The second function is being able to\u00a0buy cryptocurrency\u00a0with cash. The last is that customers can sell crypto in return for cash.<\/p>\n\n\n\n

Dogecoin has rallied in the past few days going from $0.123 to a high of $0.140. The current market cap is sitting at US$18 billion.<\/p>\n\n\n\n

\"\"
Dogecoin 2-Day Price Data - Source: CoinMarketCap<\/figcaption><\/figure>\n","post_title":"Bitcoin ATM Operator Now Supports $DOGE","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"bitcoin-atm-operator-now-supports-doge","to_ping":"","pinged":"","post_modified":"2023-04-11 12:50:37","post_modified_gmt":"2023-04-11 02:50:37","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=4106","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":4087,"post_author":"1","post_date":"2022-03-24 23:37:18","post_date_gmt":"2022-03-24 12:37:18","post_content":"\n

In a\u00a0blog post<\/a>\u00a0by Loopring's head of growth, Adam Browman states that \"the GameStop NFT Marketplace has taken its first steps to welcome users, and it is built atop Loopring!\"<\/p>\n\n\n\n

Browman believes that the project \"has the potential to cement itself at the forefront of this new paradigm and become the destination for global digital economies.\" The blog post states that users can get early access to the project now to set up usernames and profiles, as well as make their first deposits.<\/p>\n\n\n\n

GameStop and NFTs<\/h2>\n\n\n\n

Rumors circulating since November\u00a0suggested that Loopring might be working with GameStop on a metaverse-related project. The Wall Street Journal\u00a0reported<\/a> in January\u00a0that GameStop was planning to build a new team focused on NFTs.<\/p>\n\n\n\n

Soon after that announcement, GameStop mentioned Immuntable X as their primary partner for the project. Despite this fact, Loopring was mentioned<\/a> at the time in an SEC filing<\/a>.<\/p>\n\n\n\n

According to an article from Decrypt<\/a>, there has been a lot of confusion on the topic and who is powering the NFT marketplace. It turns out that both Loopring and Immutable X are powering the NFT plans of GameStop. Although Immutable X tweeted<\/a> in a thread how they are the \"preferred partner\".<\/p>\n\n\n\n

Immutable mentioned the Loopring integration \u201cwas not a surprise (and we welcome them!).\" The marketplace will act as an aggregator across NFT minting platforms. Although, it appears that Immutable X will receive the most focus on the marketplace being the \"preferred partner\".<\/p>\n\n\n\n

\nhttps:\/\/twitter.com\/Immutable\/status\/1506596126677295108\n<\/div><\/figure>\n\n\n\n

Since the announcement, $LRC<\/a>, the native token of Layer 2 blockchain<\/a> Loopring has soared over 35% to a high of $1.21. Although it is now trading steadily at $1.09. Loopring is currently sitting at a market cap of US$1.46 billion, according to data from CoinMarketCap.<\/p>\n\n\n\n

$IMX<\/a>, the token on the Immutable X blockchain is down 8.9% in the past 24 hours, trading at $2.19, according to data from CoinMarketCap.<\/p>\n\n\n\n

The other company in the mix, GameStop also had a huge day seeing a 14.5% gain to $141 in GME<\/a> stocks. Over 24 million GME shares were traded today alone. <\/p>\n","post_title":"GameStop NFT Marketplace Has Entered Beta, Integrated With Loopring","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"gamestop-nft-marketplace-has-entered-beta-integrated-with-loopring","to_ping":"","pinged":"","post_modified":"2022-03-24 23:37:42","post_modified_gmt":"2022-03-24 12:37:42","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=4087","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":4089,"post_author":"1","post_date":"2022-03-24 22:46:11","post_date_gmt":"2022-03-24 11:46:11","post_content":"\n

Floyd \u2019Money\u2019 Mayweather has re-entered the world of cryptocurrency with the announcement of his 2nd NFT project, dubbed Mayweverse. <\/p>\n\n\n\n

The project will consist of 5 different NFTs, each NFT will have 1000 copies available to mint. Every card has its own rarity, utility, and prizes. <\/p>\n\n\n\n

Despite how good it may sounds, Twitter users were quick to criticize. Floyd was reminded<\/a> of his previous NFT project<\/a>, which made him nearly US$5 million and is now worthless. \u201cYou already have an NFT project, it\u2019s called @RealFloydNFT. You released it last year and then stopped working on it immediately after. Have you been punched in the head so much that you\u2019re forgetting these things now?\u201d<\/p>\n\n\n\n

\nhttps:\/\/twitter.com\/Berke_eth\/status\/1506051809542037506\n<\/div><\/figure>\n\n\n\n

Users were quick to call his bluff<\/a>. Floyd states that he has been working on this for months, although the twitter handle @mayweverse<\/a> was created this month. <\/p>\n\n\n\n

Coffezilla, known for calling out rug pulls and scams within the industry tweeted<\/a> his thoughts on the NFT project. He states \"Floyd Mayweather is frantically deleting evidence of his last NFT scam. He's getting roasted by the investors.\" <\/p>\n\n\n\n

Will this NFT collection follow in the footsteps of his previous NFT collection and be abandoned, or will he stick by his word?<\/p>\n","post_title":"Floyd Mayweather Re-enters The World Of Crypto With \u2018Mayweverse\u2019 NFT Project","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"floyd-mayweather-re-enters-the-world-of-crypto-with-mayweverse-nft-project","to_ping":"","pinged":"","post_modified":"2022-03-24 23:37:53","post_modified_gmt":"2022-03-24 12:37:53","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=4089","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":4040,"post_author":"1","post_date":"2022-03-23 22:24:41","post_date_gmt":"2022-03-23 11:24:41","post_content":"\n

Crypto.com has announced<\/a> they are the official sponsor of the 2022 FIFA World Cup hosted in Qatar.<\/p>\n\n\n\n

As per their official announcement, Crypto.com will be the exclusive cryptocurrency trading platform sponsor of the event, benefitting from significant brand exposure both within and outside the stadiums.<\/p>\n\n\n\n

\nhttps:\/\/twitter.com\/cryptocom\/status\/1506424728818679808\n<\/div><\/figure>\n\n\n\n

\u201cCrypto.com has already demonstrated a commitment to supporting top-tier teams and leagues, major events and iconic venues across the world, and there is no platform bigger, or with a greater reach and cultural impact, than FIFA\u2019s global platform of football,\u201d<\/p>Kay Madati, FIFA\u2019s Chief Commercial Officer.<\/cite><\/blockquote>\n\n\n\n

In November of 2021, Crypto.com announced they bought the rights to the Staples Arena,<\/a> in a historic deal inked at US$700 million. Crypto.com has also\u00a0partnered with the Australian Football League<\/a>\u00a0in a $25 million deal, signed a $100-million sponsorship with Formula 1, and confirmed a $175 million sponsorship with the UFC.<\/p>\n\n\n\n

CEO and Co-Founder of Crypto.com Kris Marszalek believes that the sponsorship with the FIFA World Cup will \u201cdrive further awareness of Crypto.com globally.\u201d This is just one more addition to their expanding list of sponsorships worldwide.<\/p>\n","post_title":"CryptoCom Is The Main Sponsor Of The 2022 World Cup","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"crypto-com-is-the-main-sponsor-of-the-2022-world-cup","to_ping":"","pinged":"\nhttps:\/\/www.thedistributed.co\/crypto-com-arena-deal-sealed\/","post_modified":"2022-06-06 21:35:19","post_modified_gmt":"2022-06-06 11:35:19","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=4040","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};

1 76 77 78 79 80 85

Most Read

Subscribe To Our Newsletter

By subscribing, you agree with our privacy and terms.

Follow The Distributed

ADVERTISEMENT
\n

The official report released by the DOJ details that a total of 8,888 Frosties were released at a floor price of 0.04 ETH (~US$125 at the time). All 8,888 were sold out within 48 minutes of being released making the criminals a cool 356.56 ETH (~US$1,105,000).<\/p>\n\n\n\n

The report by the DOJ outlines that Nguyen and Llacuna \"abruptly abandoned the Frosties NFT project within hours after selling out of Frosties NFTs, deactivated the Frosties website, and transferred approximately $1.1 million in cryptocurrency proceeds from the scheme to various cryptocurrency wallets under their control in multiple transactions designed to obfuscate the original source of funds.\"<\/p>\n\n\n\n

Prior to their arrests, Nguyen and Llacuna were advertising a second NFT project under the name \"Embers\", which had many similarities to the Frosties NFT project. The DOJ believes that this was another \"fraud scheme\".<\/p>\n\n\n\n

Both of the criminals are facing serious time in relation to the scam. This goes to show although cryptocurrencies are based around anonymity, it doesn't allow for illegal acts to stay hidden either.<\/p>\n","post_title":"Frosties NFT Rugpullers Arrested Over A $1.1 Million Scam","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"frosties-nft-rugpullers-arrested-over-a-1-1-million-scam","to_ping":"","pinged":"","post_modified":"2022-03-27 22:51:07","post_modified_gmt":"2022-03-27 11:51:07","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=4122","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":4116,"post_author":"1","post_date":"2022-03-26 17:39:16","post_date_gmt":"2022-03-26 06:39:16","post_content":"\n

According to reports released on Friday, Indian Finance Minister Nirmala Sitharaman has introduced a capital gains tax of 30% on cryptocurrency transactions.\u00a0<\/p>\n\n\n\n

To add, Indians buying or selling crypto will have to pay a 1% tax deducted at source (TDS), as well as taxes on crypto gifts. The bill states that users are not able to take deductions for any losses. <\/p>\n\n\n\n

The crypto taxes will come into effect on April 1, while the TDS will start on July 1.<\/p>\n\n\n\n

\nhttps:\/\/twitter.com\/WatcherGuru\/status\/1507334988164964355?ref_src=twsrc%5Etfw%7Ctwcamp%5Etweetembed%7Ctwterm%5E1507334988164964355%7Ctwgr%5E%7Ctwcon%5Es1_&ref_url=https%3A%2F%2Fen.ethereumworldnews.com%2Findia-heavy-crypto-tax-law%2F\n<\/div><\/figure>\n\n\n\n

The bill was initially proposed<\/a> in Feburary but was met with heavy backlash<\/a> by Indians, calling for changes to the imposed policy.<\/p>\n\n\n\n

The bill was met with criticism in the government, 20+ members of the lower house of Parliment criticized the lack of definition of the word cryptocurrency in the bill arguing that this would \"finish the industry\". Criticisers were met with a sharp response that \"there is no confusing signal\". <\/p>\n\n\n\n

Sitharaman states the main reason for the tax is because people are profiting from it. Despite this Indians are still not able to take deductions for any losses.<\/p>\n\n\n\n

Many cryptocurrency companies and users are considering filing an appeal to the Indian Supreme Court. <\/p>\n","post_title":"Indian Parliament Passes A 30% Crypto Tax Law","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"indian-parliament-passes-a-30-crypto-tax-law","to_ping":"","pinged":"\nhttps:\/\/www.thedistributed.co\/petition-to-reduce-30-tax-on-crypto-gains-in-india-reaches-a-25000-signatures-milestone%ef%bf%bc\/","post_modified":"2022-03-26 17:42:58","post_modified_gmt":"2022-03-26 06:42:58","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=4116","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":4110,"post_author":"1","post_date":"2022-03-26 12:54:51","post_date_gmt":"2022-03-26 01:54:51","post_content":"\n

Google has filed<\/a> a trademark application for a 'Non-Fungible Planet'. Although it seems that the trademark has less to do with cryptocurrencies and more to do with environmental activism.<\/p>\n\n\n\n

The filing is an 'educational' campaign aimed at \u201cproviding information about environmental protection, conservation, energy efficiency, climate change, reducing carbon footprints, environmental issues and sustainability efforts\".<\/p>\n\n\n\n

The project aims to provide \"educational and entertainment services, namely, providing online non-downloadable videos featuring information in the fields of environmental protection, conservation, energy efficiency, climate change, reducing carbon footprints, environmental issues and sustainability efforts.\"<\/p>\n\n\n\n

Non-Fungible Planet is implicative of Non-Fungible Tokens (NFTs<\/a>) which have taken the crypto industry by storm in the last few years. Although the filing itself makes no mention of NFTs. Non-fungible can be defined as something that cannot be replicated like for like, so in reference to Google's campaign, this could be that we only have one planet and mustn't spoil it.<\/p>\n","post_title":"'Non-Fungible Planet' Is Google's Newest Trademark Filing","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"non-fungible-planet-is-googles-newest-trademark-filing","to_ping":"","pinged":"","post_modified":"2022-03-26 17:43:23","post_modified_gmt":"2022-03-26 06:43:23","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=4110","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":4106,"post_author":"1","post_date":"2022-03-25 21:40:55","post_date_gmt":"2022-03-25 10:40:55","post_content":"\n

Bitcoin ATM operator, Bitcoin of America<\/a> announced<\/a> in a press release that their ATMs support the transaction of Dogecoin ($DOGE).<\/p>\n\n\n\n

\nhttps:\/\/twitter.com\/BTCofAmerica\/status\/1506632012454629390?ref_src=twsrc%5Etfw%7Ctwcamp%5Etweetembed%7Ctwterm%5E1506632012454629390%7Ctwgr%5E%7Ctwcon%5Es1_&ref_url=https%3A%2F%2Fu.today%2Fdogecoin-now-added-to-bitcoin-of-america-atms-details\n<\/div><\/figure>\n\n\n\n

After recognizing the popularity of the meme-coin and the attention it could bring, Bitcoin of America added the currency to their BTMs. Dogecoin ($DOGE<\/a>) is now available for transactions alongside Bitcoin ($BTC<\/a>), Ethereum ($ETH<\/a>), and Litecoin ($LTC<\/a>). To date, Bitcoin of America has 1800 plus BTMs across 31 states.\u00a0<\/p>\n\n\n\n

Bitcoin of America has made several updates to its BTMs with the announcement of its new Universal Kiosk.\u00a0The new universal kiosk combines the capabilities of a traditional ATM with a Bitcoin ATM and offers 3 main functions. The first is the traditional ATM feature where customers can dispense cash from a debit card. The second function is being able to\u00a0buy cryptocurrency\u00a0with cash. The last is that customers can sell crypto in return for cash.<\/p>\n\n\n\n

Dogecoin has rallied in the past few days going from $0.123 to a high of $0.140. The current market cap is sitting at US$18 billion.<\/p>\n\n\n\n

\"\"
Dogecoin 2-Day Price Data - Source: CoinMarketCap<\/figcaption><\/figure>\n","post_title":"Bitcoin ATM Operator Now Supports $DOGE","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"bitcoin-atm-operator-now-supports-doge","to_ping":"","pinged":"","post_modified":"2023-04-11 12:50:37","post_modified_gmt":"2023-04-11 02:50:37","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=4106","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":4087,"post_author":"1","post_date":"2022-03-24 23:37:18","post_date_gmt":"2022-03-24 12:37:18","post_content":"\n

In a\u00a0blog post<\/a>\u00a0by Loopring's head of growth, Adam Browman states that \"the GameStop NFT Marketplace has taken its first steps to welcome users, and it is built atop Loopring!\"<\/p>\n\n\n\n

Browman believes that the project \"has the potential to cement itself at the forefront of this new paradigm and become the destination for global digital economies.\" The blog post states that users can get early access to the project now to set up usernames and profiles, as well as make their first deposits.<\/p>\n\n\n\n

GameStop and NFTs<\/h2>\n\n\n\n

Rumors circulating since November\u00a0suggested that Loopring might be working with GameStop on a metaverse-related project. The Wall Street Journal\u00a0reported<\/a> in January\u00a0that GameStop was planning to build a new team focused on NFTs.<\/p>\n\n\n\n

Soon after that announcement, GameStop mentioned Immuntable X as their primary partner for the project. Despite this fact, Loopring was mentioned<\/a> at the time in an SEC filing<\/a>.<\/p>\n\n\n\n

According to an article from Decrypt<\/a>, there has been a lot of confusion on the topic and who is powering the NFT marketplace. It turns out that both Loopring and Immutable X are powering the NFT plans of GameStop. Although Immutable X tweeted<\/a> in a thread how they are the \"preferred partner\".<\/p>\n\n\n\n

Immutable mentioned the Loopring integration \u201cwas not a surprise (and we welcome them!).\" The marketplace will act as an aggregator across NFT minting platforms. Although, it appears that Immutable X will receive the most focus on the marketplace being the \"preferred partner\".<\/p>\n\n\n\n

\nhttps:\/\/twitter.com\/Immutable\/status\/1506596126677295108\n<\/div><\/figure>\n\n\n\n

Since the announcement, $LRC<\/a>, the native token of Layer 2 blockchain<\/a> Loopring has soared over 35% to a high of $1.21. Although it is now trading steadily at $1.09. Loopring is currently sitting at a market cap of US$1.46 billion, according to data from CoinMarketCap.<\/p>\n\n\n\n

$IMX<\/a>, the token on the Immutable X blockchain is down 8.9% in the past 24 hours, trading at $2.19, according to data from CoinMarketCap.<\/p>\n\n\n\n

The other company in the mix, GameStop also had a huge day seeing a 14.5% gain to $141 in GME<\/a> stocks. Over 24 million GME shares were traded today alone. <\/p>\n","post_title":"GameStop NFT Marketplace Has Entered Beta, Integrated With Loopring","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"gamestop-nft-marketplace-has-entered-beta-integrated-with-loopring","to_ping":"","pinged":"","post_modified":"2022-03-24 23:37:42","post_modified_gmt":"2022-03-24 12:37:42","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=4087","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":4089,"post_author":"1","post_date":"2022-03-24 22:46:11","post_date_gmt":"2022-03-24 11:46:11","post_content":"\n

Floyd \u2019Money\u2019 Mayweather has re-entered the world of cryptocurrency with the announcement of his 2nd NFT project, dubbed Mayweverse. <\/p>\n\n\n\n

The project will consist of 5 different NFTs, each NFT will have 1000 copies available to mint. Every card has its own rarity, utility, and prizes. <\/p>\n\n\n\n

Despite how good it may sounds, Twitter users were quick to criticize. Floyd was reminded<\/a> of his previous NFT project<\/a>, which made him nearly US$5 million and is now worthless. \u201cYou already have an NFT project, it\u2019s called @RealFloydNFT. You released it last year and then stopped working on it immediately after. Have you been punched in the head so much that you\u2019re forgetting these things now?\u201d<\/p>\n\n\n\n

\nhttps:\/\/twitter.com\/Berke_eth\/status\/1506051809542037506\n<\/div><\/figure>\n\n\n\n

Users were quick to call his bluff<\/a>. Floyd states that he has been working on this for months, although the twitter handle @mayweverse<\/a> was created this month. <\/p>\n\n\n\n

Coffezilla, known for calling out rug pulls and scams within the industry tweeted<\/a> his thoughts on the NFT project. He states \"Floyd Mayweather is frantically deleting evidence of his last NFT scam. He's getting roasted by the investors.\" <\/p>\n\n\n\n

Will this NFT collection follow in the footsteps of his previous NFT collection and be abandoned, or will he stick by his word?<\/p>\n","post_title":"Floyd Mayweather Re-enters The World Of Crypto With \u2018Mayweverse\u2019 NFT Project","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"floyd-mayweather-re-enters-the-world-of-crypto-with-mayweverse-nft-project","to_ping":"","pinged":"","post_modified":"2022-03-24 23:37:53","post_modified_gmt":"2022-03-24 12:37:53","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=4089","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":4040,"post_author":"1","post_date":"2022-03-23 22:24:41","post_date_gmt":"2022-03-23 11:24:41","post_content":"\n

Crypto.com has announced<\/a> they are the official sponsor of the 2022 FIFA World Cup hosted in Qatar.<\/p>\n\n\n\n

As per their official announcement, Crypto.com will be the exclusive cryptocurrency trading platform sponsor of the event, benefitting from significant brand exposure both within and outside the stadiums.<\/p>\n\n\n\n

\nhttps:\/\/twitter.com\/cryptocom\/status\/1506424728818679808\n<\/div><\/figure>\n\n\n\n

\u201cCrypto.com has already demonstrated a commitment to supporting top-tier teams and leagues, major events and iconic venues across the world, and there is no platform bigger, or with a greater reach and cultural impact, than FIFA\u2019s global platform of football,\u201d<\/p>Kay Madati, FIFA\u2019s Chief Commercial Officer.<\/cite><\/blockquote>\n\n\n\n

In November of 2021, Crypto.com announced they bought the rights to the Staples Arena,<\/a> in a historic deal inked at US$700 million. Crypto.com has also\u00a0partnered with the Australian Football League<\/a>\u00a0in a $25 million deal, signed a $100-million sponsorship with Formula 1, and confirmed a $175 million sponsorship with the UFC.<\/p>\n\n\n\n

CEO and Co-Founder of Crypto.com Kris Marszalek believes that the sponsorship with the FIFA World Cup will \u201cdrive further awareness of Crypto.com globally.\u201d This is just one more addition to their expanding list of sponsorships worldwide.<\/p>\n","post_title":"CryptoCom Is The Main Sponsor Of The 2022 World Cup","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"crypto-com-is-the-main-sponsor-of-the-2022-world-cup","to_ping":"","pinged":"\nhttps:\/\/www.thedistributed.co\/crypto-com-arena-deal-sealed\/","post_modified":"2022-06-06 21:35:19","post_modified_gmt":"2022-06-06 11:35:19","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=4040","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};

1 76 77 78 79 80 85

Most Read

Subscribe To Our Newsletter

By subscribing, you agree with our privacy and terms.

Follow The Distributed

ADVERTISEMENT
\n

NFT Scam In The Making<\/h2>\n\n\n\n

The official report released by the DOJ details that a total of 8,888 Frosties were released at a floor price of 0.04 ETH (~US$125 at the time). All 8,888 were sold out within 48 minutes of being released making the criminals a cool 356.56 ETH (~US$1,105,000).<\/p>\n\n\n\n

The report by the DOJ outlines that Nguyen and Llacuna \"abruptly abandoned the Frosties NFT project within hours after selling out of Frosties NFTs, deactivated the Frosties website, and transferred approximately $1.1 million in cryptocurrency proceeds from the scheme to various cryptocurrency wallets under their control in multiple transactions designed to obfuscate the original source of funds.\"<\/p>\n\n\n\n

Prior to their arrests, Nguyen and Llacuna were advertising a second NFT project under the name \"Embers\", which had many similarities to the Frosties NFT project. The DOJ believes that this was another \"fraud scheme\".<\/p>\n\n\n\n

Both of the criminals are facing serious time in relation to the scam. This goes to show although cryptocurrencies are based around anonymity, it doesn't allow for illegal acts to stay hidden either.<\/p>\n","post_title":"Frosties NFT Rugpullers Arrested Over A $1.1 Million Scam","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"frosties-nft-rugpullers-arrested-over-a-1-1-million-scam","to_ping":"","pinged":"","post_modified":"2022-03-27 22:51:07","post_modified_gmt":"2022-03-27 11:51:07","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=4122","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":4116,"post_author":"1","post_date":"2022-03-26 17:39:16","post_date_gmt":"2022-03-26 06:39:16","post_content":"\n

According to reports released on Friday, Indian Finance Minister Nirmala Sitharaman has introduced a capital gains tax of 30% on cryptocurrency transactions.\u00a0<\/p>\n\n\n\n

To add, Indians buying or selling crypto will have to pay a 1% tax deducted at source (TDS), as well as taxes on crypto gifts. The bill states that users are not able to take deductions for any losses. <\/p>\n\n\n\n

The crypto taxes will come into effect on April 1, while the TDS will start on July 1.<\/p>\n\n\n\n

\nhttps:\/\/twitter.com\/WatcherGuru\/status\/1507334988164964355?ref_src=twsrc%5Etfw%7Ctwcamp%5Etweetembed%7Ctwterm%5E1507334988164964355%7Ctwgr%5E%7Ctwcon%5Es1_&ref_url=https%3A%2F%2Fen.ethereumworldnews.com%2Findia-heavy-crypto-tax-law%2F\n<\/div><\/figure>\n\n\n\n

The bill was initially proposed<\/a> in Feburary but was met with heavy backlash<\/a> by Indians, calling for changes to the imposed policy.<\/p>\n\n\n\n

The bill was met with criticism in the government, 20+ members of the lower house of Parliment criticized the lack of definition of the word cryptocurrency in the bill arguing that this would \"finish the industry\". Criticisers were met with a sharp response that \"there is no confusing signal\". <\/p>\n\n\n\n

Sitharaman states the main reason for the tax is because people are profiting from it. Despite this Indians are still not able to take deductions for any losses.<\/p>\n\n\n\n

Many cryptocurrency companies and users are considering filing an appeal to the Indian Supreme Court. <\/p>\n","post_title":"Indian Parliament Passes A 30% Crypto Tax Law","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"indian-parliament-passes-a-30-crypto-tax-law","to_ping":"","pinged":"\nhttps:\/\/www.thedistributed.co\/petition-to-reduce-30-tax-on-crypto-gains-in-india-reaches-a-25000-signatures-milestone%ef%bf%bc\/","post_modified":"2022-03-26 17:42:58","post_modified_gmt":"2022-03-26 06:42:58","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=4116","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":4110,"post_author":"1","post_date":"2022-03-26 12:54:51","post_date_gmt":"2022-03-26 01:54:51","post_content":"\n

Google has filed<\/a> a trademark application for a 'Non-Fungible Planet'. Although it seems that the trademark has less to do with cryptocurrencies and more to do with environmental activism.<\/p>\n\n\n\n

The filing is an 'educational' campaign aimed at \u201cproviding information about environmental protection, conservation, energy efficiency, climate change, reducing carbon footprints, environmental issues and sustainability efforts\".<\/p>\n\n\n\n

The project aims to provide \"educational and entertainment services, namely, providing online non-downloadable videos featuring information in the fields of environmental protection, conservation, energy efficiency, climate change, reducing carbon footprints, environmental issues and sustainability efforts.\"<\/p>\n\n\n\n

Non-Fungible Planet is implicative of Non-Fungible Tokens (NFTs<\/a>) which have taken the crypto industry by storm in the last few years. Although the filing itself makes no mention of NFTs. Non-fungible can be defined as something that cannot be replicated like for like, so in reference to Google's campaign, this could be that we only have one planet and mustn't spoil it.<\/p>\n","post_title":"'Non-Fungible Planet' Is Google's Newest Trademark Filing","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"non-fungible-planet-is-googles-newest-trademark-filing","to_ping":"","pinged":"","post_modified":"2022-03-26 17:43:23","post_modified_gmt":"2022-03-26 06:43:23","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=4110","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":4106,"post_author":"1","post_date":"2022-03-25 21:40:55","post_date_gmt":"2022-03-25 10:40:55","post_content":"\n

Bitcoin ATM operator, Bitcoin of America<\/a> announced<\/a> in a press release that their ATMs support the transaction of Dogecoin ($DOGE).<\/p>\n\n\n\n

\nhttps:\/\/twitter.com\/BTCofAmerica\/status\/1506632012454629390?ref_src=twsrc%5Etfw%7Ctwcamp%5Etweetembed%7Ctwterm%5E1506632012454629390%7Ctwgr%5E%7Ctwcon%5Es1_&ref_url=https%3A%2F%2Fu.today%2Fdogecoin-now-added-to-bitcoin-of-america-atms-details\n<\/div><\/figure>\n\n\n\n

After recognizing the popularity of the meme-coin and the attention it could bring, Bitcoin of America added the currency to their BTMs. Dogecoin ($DOGE<\/a>) is now available for transactions alongside Bitcoin ($BTC<\/a>), Ethereum ($ETH<\/a>), and Litecoin ($LTC<\/a>). To date, Bitcoin of America has 1800 plus BTMs across 31 states.\u00a0<\/p>\n\n\n\n

Bitcoin of America has made several updates to its BTMs with the announcement of its new Universal Kiosk.\u00a0The new universal kiosk combines the capabilities of a traditional ATM with a Bitcoin ATM and offers 3 main functions. The first is the traditional ATM feature where customers can dispense cash from a debit card. The second function is being able to\u00a0buy cryptocurrency\u00a0with cash. The last is that customers can sell crypto in return for cash.<\/p>\n\n\n\n

Dogecoin has rallied in the past few days going from $0.123 to a high of $0.140. The current market cap is sitting at US$18 billion.<\/p>\n\n\n\n

\"\"
Dogecoin 2-Day Price Data - Source: CoinMarketCap<\/figcaption><\/figure>\n","post_title":"Bitcoin ATM Operator Now Supports $DOGE","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"bitcoin-atm-operator-now-supports-doge","to_ping":"","pinged":"","post_modified":"2023-04-11 12:50:37","post_modified_gmt":"2023-04-11 02:50:37","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=4106","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":4087,"post_author":"1","post_date":"2022-03-24 23:37:18","post_date_gmt":"2022-03-24 12:37:18","post_content":"\n

In a\u00a0blog post<\/a>\u00a0by Loopring's head of growth, Adam Browman states that \"the GameStop NFT Marketplace has taken its first steps to welcome users, and it is built atop Loopring!\"<\/p>\n\n\n\n

Browman believes that the project \"has the potential to cement itself at the forefront of this new paradigm and become the destination for global digital economies.\" The blog post states that users can get early access to the project now to set up usernames and profiles, as well as make their first deposits.<\/p>\n\n\n\n

GameStop and NFTs<\/h2>\n\n\n\n

Rumors circulating since November\u00a0suggested that Loopring might be working with GameStop on a metaverse-related project. The Wall Street Journal\u00a0reported<\/a> in January\u00a0that GameStop was planning to build a new team focused on NFTs.<\/p>\n\n\n\n

Soon after that announcement, GameStop mentioned Immuntable X as their primary partner for the project. Despite this fact, Loopring was mentioned<\/a> at the time in an SEC filing<\/a>.<\/p>\n\n\n\n

According to an article from Decrypt<\/a>, there has been a lot of confusion on the topic and who is powering the NFT marketplace. It turns out that both Loopring and Immutable X are powering the NFT plans of GameStop. Although Immutable X tweeted<\/a> in a thread how they are the \"preferred partner\".<\/p>\n\n\n\n

Immutable mentioned the Loopring integration \u201cwas not a surprise (and we welcome them!).\" The marketplace will act as an aggregator across NFT minting platforms. Although, it appears that Immutable X will receive the most focus on the marketplace being the \"preferred partner\".<\/p>\n\n\n\n

\nhttps:\/\/twitter.com\/Immutable\/status\/1506596126677295108\n<\/div><\/figure>\n\n\n\n

Since the announcement, $LRC<\/a>, the native token of Layer 2 blockchain<\/a> Loopring has soared over 35% to a high of $1.21. Although it is now trading steadily at $1.09. Loopring is currently sitting at a market cap of US$1.46 billion, according to data from CoinMarketCap.<\/p>\n\n\n\n

$IMX<\/a>, the token on the Immutable X blockchain is down 8.9% in the past 24 hours, trading at $2.19, according to data from CoinMarketCap.<\/p>\n\n\n\n

The other company in the mix, GameStop also had a huge day seeing a 14.5% gain to $141 in GME<\/a> stocks. Over 24 million GME shares were traded today alone. <\/p>\n","post_title":"GameStop NFT Marketplace Has Entered Beta, Integrated With Loopring","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"gamestop-nft-marketplace-has-entered-beta-integrated-with-loopring","to_ping":"","pinged":"","post_modified":"2022-03-24 23:37:42","post_modified_gmt":"2022-03-24 12:37:42","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=4087","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":4089,"post_author":"1","post_date":"2022-03-24 22:46:11","post_date_gmt":"2022-03-24 11:46:11","post_content":"\n

Floyd \u2019Money\u2019 Mayweather has re-entered the world of cryptocurrency with the announcement of his 2nd NFT project, dubbed Mayweverse. <\/p>\n\n\n\n

The project will consist of 5 different NFTs, each NFT will have 1000 copies available to mint. Every card has its own rarity, utility, and prizes. <\/p>\n\n\n\n

Despite how good it may sounds, Twitter users were quick to criticize. Floyd was reminded<\/a> of his previous NFT project<\/a>, which made him nearly US$5 million and is now worthless. \u201cYou already have an NFT project, it\u2019s called @RealFloydNFT. You released it last year and then stopped working on it immediately after. Have you been punched in the head so much that you\u2019re forgetting these things now?\u201d<\/p>\n\n\n\n

\nhttps:\/\/twitter.com\/Berke_eth\/status\/1506051809542037506\n<\/div><\/figure>\n\n\n\n

Users were quick to call his bluff<\/a>. Floyd states that he has been working on this for months, although the twitter handle @mayweverse<\/a> was created this month. <\/p>\n\n\n\n

Coffezilla, known for calling out rug pulls and scams within the industry tweeted<\/a> his thoughts on the NFT project. He states \"Floyd Mayweather is frantically deleting evidence of his last NFT scam. He's getting roasted by the investors.\" <\/p>\n\n\n\n

Will this NFT collection follow in the footsteps of his previous NFT collection and be abandoned, or will he stick by his word?<\/p>\n","post_title":"Floyd Mayweather Re-enters The World Of Crypto With \u2018Mayweverse\u2019 NFT Project","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"floyd-mayweather-re-enters-the-world-of-crypto-with-mayweverse-nft-project","to_ping":"","pinged":"","post_modified":"2022-03-24 23:37:53","post_modified_gmt":"2022-03-24 12:37:53","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=4089","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":4040,"post_author":"1","post_date":"2022-03-23 22:24:41","post_date_gmt":"2022-03-23 11:24:41","post_content":"\n

Crypto.com has announced<\/a> they are the official sponsor of the 2022 FIFA World Cup hosted in Qatar.<\/p>\n\n\n\n

As per their official announcement, Crypto.com will be the exclusive cryptocurrency trading platform sponsor of the event, benefitting from significant brand exposure both within and outside the stadiums.<\/p>\n\n\n\n

\nhttps:\/\/twitter.com\/cryptocom\/status\/1506424728818679808\n<\/div><\/figure>\n\n\n\n

\u201cCrypto.com has already demonstrated a commitment to supporting top-tier teams and leagues, major events and iconic venues across the world, and there is no platform bigger, or with a greater reach and cultural impact, than FIFA\u2019s global platform of football,\u201d<\/p>Kay Madati, FIFA\u2019s Chief Commercial Officer.<\/cite><\/blockquote>\n\n\n\n

In November of 2021, Crypto.com announced they bought the rights to the Staples Arena,<\/a> in a historic deal inked at US$700 million. Crypto.com has also\u00a0partnered with the Australian Football League<\/a>\u00a0in a $25 million deal, signed a $100-million sponsorship with Formula 1, and confirmed a $175 million sponsorship with the UFC.<\/p>\n\n\n\n

CEO and Co-Founder of Crypto.com Kris Marszalek believes that the sponsorship with the FIFA World Cup will \u201cdrive further awareness of Crypto.com globally.\u201d This is just one more addition to their expanding list of sponsorships worldwide.<\/p>\n","post_title":"CryptoCom Is The Main Sponsor Of The 2022 World Cup","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"crypto-com-is-the-main-sponsor-of-the-2022-world-cup","to_ping":"","pinged":"\nhttps:\/\/www.thedistributed.co\/crypto-com-arena-deal-sealed\/","post_modified":"2022-06-06 21:35:19","post_modified_gmt":"2022-06-06 11:35:19","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=4040","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};

1 76 77 78 79 80 85

Most Read

Subscribe To Our Newsletter

By subscribing, you agree with our privacy and terms.

Follow The Distributed

ADVERTISEMENT
\n

Suspects Ethan Nguyen (20) and Andre Llacuna (20) were accused of lying about promises that came with the purchase of their NFT collection and withdrawing money from the collection through multiple transactions. Nguyen and Llacuna were identified after they were linked with the IPs linked with Coinbase accounts that the money was withdrawn to through the NFT collection.<\/p>\n\n\n\n

NFT Scam In The Making<\/h2>\n\n\n\n

The official report released by the DOJ details that a total of 8,888 Frosties were released at a floor price of 0.04 ETH (~US$125 at the time). All 8,888 were sold out within 48 minutes of being released making the criminals a cool 356.56 ETH (~US$1,105,000).<\/p>\n\n\n\n

The report by the DOJ outlines that Nguyen and Llacuna \"abruptly abandoned the Frosties NFT project within hours after selling out of Frosties NFTs, deactivated the Frosties website, and transferred approximately $1.1 million in cryptocurrency proceeds from the scheme to various cryptocurrency wallets under their control in multiple transactions designed to obfuscate the original source of funds.\"<\/p>\n\n\n\n

Prior to their arrests, Nguyen and Llacuna were advertising a second NFT project under the name \"Embers\", which had many similarities to the Frosties NFT project. The DOJ believes that this was another \"fraud scheme\".<\/p>\n\n\n\n

Both of the criminals are facing serious time in relation to the scam. This goes to show although cryptocurrencies are based around anonymity, it doesn't allow for illegal acts to stay hidden either.<\/p>\n","post_title":"Frosties NFT Rugpullers Arrested Over A $1.1 Million Scam","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"frosties-nft-rugpullers-arrested-over-a-1-1-million-scam","to_ping":"","pinged":"","post_modified":"2022-03-27 22:51:07","post_modified_gmt":"2022-03-27 11:51:07","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=4122","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":4116,"post_author":"1","post_date":"2022-03-26 17:39:16","post_date_gmt":"2022-03-26 06:39:16","post_content":"\n

According to reports released on Friday, Indian Finance Minister Nirmala Sitharaman has introduced a capital gains tax of 30% on cryptocurrency transactions.\u00a0<\/p>\n\n\n\n

To add, Indians buying or selling crypto will have to pay a 1% tax deducted at source (TDS), as well as taxes on crypto gifts. The bill states that users are not able to take deductions for any losses. <\/p>\n\n\n\n

The crypto taxes will come into effect on April 1, while the TDS will start on July 1.<\/p>\n\n\n\n

\nhttps:\/\/twitter.com\/WatcherGuru\/status\/1507334988164964355?ref_src=twsrc%5Etfw%7Ctwcamp%5Etweetembed%7Ctwterm%5E1507334988164964355%7Ctwgr%5E%7Ctwcon%5Es1_&ref_url=https%3A%2F%2Fen.ethereumworldnews.com%2Findia-heavy-crypto-tax-law%2F\n<\/div><\/figure>\n\n\n\n

The bill was initially proposed<\/a> in Feburary but was met with heavy backlash<\/a> by Indians, calling for changes to the imposed policy.<\/p>\n\n\n\n

The bill was met with criticism in the government, 20+ members of the lower house of Parliment criticized the lack of definition of the word cryptocurrency in the bill arguing that this would \"finish the industry\". Criticisers were met with a sharp response that \"there is no confusing signal\". <\/p>\n\n\n\n

Sitharaman states the main reason for the tax is because people are profiting from it. Despite this Indians are still not able to take deductions for any losses.<\/p>\n\n\n\n

Many cryptocurrency companies and users are considering filing an appeal to the Indian Supreme Court. <\/p>\n","post_title":"Indian Parliament Passes A 30% Crypto Tax Law","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"indian-parliament-passes-a-30-crypto-tax-law","to_ping":"","pinged":"\nhttps:\/\/www.thedistributed.co\/petition-to-reduce-30-tax-on-crypto-gains-in-india-reaches-a-25000-signatures-milestone%ef%bf%bc\/","post_modified":"2022-03-26 17:42:58","post_modified_gmt":"2022-03-26 06:42:58","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=4116","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":4110,"post_author":"1","post_date":"2022-03-26 12:54:51","post_date_gmt":"2022-03-26 01:54:51","post_content":"\n

Google has filed<\/a> a trademark application for a 'Non-Fungible Planet'. Although it seems that the trademark has less to do with cryptocurrencies and more to do with environmental activism.<\/p>\n\n\n\n

The filing is an 'educational' campaign aimed at \u201cproviding information about environmental protection, conservation, energy efficiency, climate change, reducing carbon footprints, environmental issues and sustainability efforts\".<\/p>\n\n\n\n

The project aims to provide \"educational and entertainment services, namely, providing online non-downloadable videos featuring information in the fields of environmental protection, conservation, energy efficiency, climate change, reducing carbon footprints, environmental issues and sustainability efforts.\"<\/p>\n\n\n\n

Non-Fungible Planet is implicative of Non-Fungible Tokens (NFTs<\/a>) which have taken the crypto industry by storm in the last few years. Although the filing itself makes no mention of NFTs. Non-fungible can be defined as something that cannot be replicated like for like, so in reference to Google's campaign, this could be that we only have one planet and mustn't spoil it.<\/p>\n","post_title":"'Non-Fungible Planet' Is Google's Newest Trademark Filing","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"non-fungible-planet-is-googles-newest-trademark-filing","to_ping":"","pinged":"","post_modified":"2022-03-26 17:43:23","post_modified_gmt":"2022-03-26 06:43:23","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=4110","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":4106,"post_author":"1","post_date":"2022-03-25 21:40:55","post_date_gmt":"2022-03-25 10:40:55","post_content":"\n

Bitcoin ATM operator, Bitcoin of America<\/a> announced<\/a> in a press release that their ATMs support the transaction of Dogecoin ($DOGE).<\/p>\n\n\n\n

\nhttps:\/\/twitter.com\/BTCofAmerica\/status\/1506632012454629390?ref_src=twsrc%5Etfw%7Ctwcamp%5Etweetembed%7Ctwterm%5E1506632012454629390%7Ctwgr%5E%7Ctwcon%5Es1_&ref_url=https%3A%2F%2Fu.today%2Fdogecoin-now-added-to-bitcoin-of-america-atms-details\n<\/div><\/figure>\n\n\n\n

After recognizing the popularity of the meme-coin and the attention it could bring, Bitcoin of America added the currency to their BTMs. Dogecoin ($DOGE<\/a>) is now available for transactions alongside Bitcoin ($BTC<\/a>), Ethereum ($ETH<\/a>), and Litecoin ($LTC<\/a>). To date, Bitcoin of America has 1800 plus BTMs across 31 states.\u00a0<\/p>\n\n\n\n

Bitcoin of America has made several updates to its BTMs with the announcement of its new Universal Kiosk.\u00a0The new universal kiosk combines the capabilities of a traditional ATM with a Bitcoin ATM and offers 3 main functions. The first is the traditional ATM feature where customers can dispense cash from a debit card. The second function is being able to\u00a0buy cryptocurrency\u00a0with cash. The last is that customers can sell crypto in return for cash.<\/p>\n\n\n\n

Dogecoin has rallied in the past few days going from $0.123 to a high of $0.140. The current market cap is sitting at US$18 billion.<\/p>\n\n\n\n

\"\"
Dogecoin 2-Day Price Data - Source: CoinMarketCap<\/figcaption><\/figure>\n","post_title":"Bitcoin ATM Operator Now Supports $DOGE","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"bitcoin-atm-operator-now-supports-doge","to_ping":"","pinged":"","post_modified":"2023-04-11 12:50:37","post_modified_gmt":"2023-04-11 02:50:37","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=4106","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":4087,"post_author":"1","post_date":"2022-03-24 23:37:18","post_date_gmt":"2022-03-24 12:37:18","post_content":"\n

In a\u00a0blog post<\/a>\u00a0by Loopring's head of growth, Adam Browman states that \"the GameStop NFT Marketplace has taken its first steps to welcome users, and it is built atop Loopring!\"<\/p>\n\n\n\n

Browman believes that the project \"has the potential to cement itself at the forefront of this new paradigm and become the destination for global digital economies.\" The blog post states that users can get early access to the project now to set up usernames and profiles, as well as make their first deposits.<\/p>\n\n\n\n

GameStop and NFTs<\/h2>\n\n\n\n

Rumors circulating since November\u00a0suggested that Loopring might be working with GameStop on a metaverse-related project. The Wall Street Journal\u00a0reported<\/a> in January\u00a0that GameStop was planning to build a new team focused on NFTs.<\/p>\n\n\n\n

Soon after that announcement, GameStop mentioned Immuntable X as their primary partner for the project. Despite this fact, Loopring was mentioned<\/a> at the time in an SEC filing<\/a>.<\/p>\n\n\n\n

According to an article from Decrypt<\/a>, there has been a lot of confusion on the topic and who is powering the NFT marketplace. It turns out that both Loopring and Immutable X are powering the NFT plans of GameStop. Although Immutable X tweeted<\/a> in a thread how they are the \"preferred partner\".<\/p>\n\n\n\n

Immutable mentioned the Loopring integration \u201cwas not a surprise (and we welcome them!).\" The marketplace will act as an aggregator across NFT minting platforms. Although, it appears that Immutable X will receive the most focus on the marketplace being the \"preferred partner\".<\/p>\n\n\n\n

\nhttps:\/\/twitter.com\/Immutable\/status\/1506596126677295108\n<\/div><\/figure>\n\n\n\n

Since the announcement, $LRC<\/a>, the native token of Layer 2 blockchain<\/a> Loopring has soared over 35% to a high of $1.21. Although it is now trading steadily at $1.09. Loopring is currently sitting at a market cap of US$1.46 billion, according to data from CoinMarketCap.<\/p>\n\n\n\n

$IMX<\/a>, the token on the Immutable X blockchain is down 8.9% in the past 24 hours, trading at $2.19, according to data from CoinMarketCap.<\/p>\n\n\n\n

The other company in the mix, GameStop also had a huge day seeing a 14.5% gain to $141 in GME<\/a> stocks. Over 24 million GME shares were traded today alone. <\/p>\n","post_title":"GameStop NFT Marketplace Has Entered Beta, Integrated With Loopring","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"gamestop-nft-marketplace-has-entered-beta-integrated-with-loopring","to_ping":"","pinged":"","post_modified":"2022-03-24 23:37:42","post_modified_gmt":"2022-03-24 12:37:42","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=4087","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":4089,"post_author":"1","post_date":"2022-03-24 22:46:11","post_date_gmt":"2022-03-24 11:46:11","post_content":"\n

Floyd \u2019Money\u2019 Mayweather has re-entered the world of cryptocurrency with the announcement of his 2nd NFT project, dubbed Mayweverse. <\/p>\n\n\n\n

The project will consist of 5 different NFTs, each NFT will have 1000 copies available to mint. Every card has its own rarity, utility, and prizes. <\/p>\n\n\n\n

Despite how good it may sounds, Twitter users were quick to criticize. Floyd was reminded<\/a> of his previous NFT project<\/a>, which made him nearly US$5 million and is now worthless. \u201cYou already have an NFT project, it\u2019s called @RealFloydNFT. You released it last year and then stopped working on it immediately after. Have you been punched in the head so much that you\u2019re forgetting these things now?\u201d<\/p>\n\n\n\n

\nhttps:\/\/twitter.com\/Berke_eth\/status\/1506051809542037506\n<\/div><\/figure>\n\n\n\n

Users were quick to call his bluff<\/a>. Floyd states that he has been working on this for months, although the twitter handle @mayweverse<\/a> was created this month. <\/p>\n\n\n\n

Coffezilla, known for calling out rug pulls and scams within the industry tweeted<\/a> his thoughts on the NFT project. He states \"Floyd Mayweather is frantically deleting evidence of his last NFT scam. He's getting roasted by the investors.\" <\/p>\n\n\n\n

Will this NFT collection follow in the footsteps of his previous NFT collection and be abandoned, or will he stick by his word?<\/p>\n","post_title":"Floyd Mayweather Re-enters The World Of Crypto With \u2018Mayweverse\u2019 NFT Project","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"floyd-mayweather-re-enters-the-world-of-crypto-with-mayweverse-nft-project","to_ping":"","pinged":"","post_modified":"2022-03-24 23:37:53","post_modified_gmt":"2022-03-24 12:37:53","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=4089","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":4040,"post_author":"1","post_date":"2022-03-23 22:24:41","post_date_gmt":"2022-03-23 11:24:41","post_content":"\n

Crypto.com has announced<\/a> they are the official sponsor of the 2022 FIFA World Cup hosted in Qatar.<\/p>\n\n\n\n

As per their official announcement, Crypto.com will be the exclusive cryptocurrency trading platform sponsor of the event, benefitting from significant brand exposure both within and outside the stadiums.<\/p>\n\n\n\n

\nhttps:\/\/twitter.com\/cryptocom\/status\/1506424728818679808\n<\/div><\/figure>\n\n\n\n

\u201cCrypto.com has already demonstrated a commitment to supporting top-tier teams and leagues, major events and iconic venues across the world, and there is no platform bigger, or with a greater reach and cultural impact, than FIFA\u2019s global platform of football,\u201d<\/p>Kay Madati, FIFA\u2019s Chief Commercial Officer.<\/cite><\/blockquote>\n\n\n\n

In November of 2021, Crypto.com announced they bought the rights to the Staples Arena,<\/a> in a historic deal inked at US$700 million. Crypto.com has also\u00a0partnered with the Australian Football League<\/a>\u00a0in a $25 million deal, signed a $100-million sponsorship with Formula 1, and confirmed a $175 million sponsorship with the UFC.<\/p>\n\n\n\n

CEO and Co-Founder of Crypto.com Kris Marszalek believes that the sponsorship with the FIFA World Cup will \u201cdrive further awareness of Crypto.com globally.\u201d This is just one more addition to their expanding list of sponsorships worldwide.<\/p>\n","post_title":"CryptoCom Is The Main Sponsor Of The 2022 World Cup","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"crypto-com-is-the-main-sponsor-of-the-2022-world-cup","to_ping":"","pinged":"\nhttps:\/\/www.thedistributed.co\/crypto-com-arena-deal-sealed\/","post_modified":"2022-06-06 21:35:19","post_modified_gmt":"2022-06-06 11:35:19","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=4040","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};

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\n

The US Department of Justice (DOJ) <\/a>has announced<\/a> the arrest of two men over a conspiracy to launder money and commit wire fraud \u201cin connection with a million-dollar scheme to defraud purchasers of NFTs advertised as Frosties<\/a>.\u201d<\/p>\n\n\n\n

Suspects Ethan Nguyen (20) and Andre Llacuna (20) were accused of lying about promises that came with the purchase of their NFT collection and withdrawing money from the collection through multiple transactions. Nguyen and Llacuna were identified after they were linked with the IPs linked with Coinbase accounts that the money was withdrawn to through the NFT collection.<\/p>\n\n\n\n

NFT Scam In The Making<\/h2>\n\n\n\n

The official report released by the DOJ details that a total of 8,888 Frosties were released at a floor price of 0.04 ETH (~US$125 at the time). All 8,888 were sold out within 48 minutes of being released making the criminals a cool 356.56 ETH (~US$1,105,000).<\/p>\n\n\n\n

The report by the DOJ outlines that Nguyen and Llacuna \"abruptly abandoned the Frosties NFT project within hours after selling out of Frosties NFTs, deactivated the Frosties website, and transferred approximately $1.1 million in cryptocurrency proceeds from the scheme to various cryptocurrency wallets under their control in multiple transactions designed to obfuscate the original source of funds.\"<\/p>\n\n\n\n

Prior to their arrests, Nguyen and Llacuna were advertising a second NFT project under the name \"Embers\", which had many similarities to the Frosties NFT project. The DOJ believes that this was another \"fraud scheme\".<\/p>\n\n\n\n

Both of the criminals are facing serious time in relation to the scam. This goes to show although cryptocurrencies are based around anonymity, it doesn't allow for illegal acts to stay hidden either.<\/p>\n","post_title":"Frosties NFT Rugpullers Arrested Over A $1.1 Million Scam","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"frosties-nft-rugpullers-arrested-over-a-1-1-million-scam","to_ping":"","pinged":"","post_modified":"2022-03-27 22:51:07","post_modified_gmt":"2022-03-27 11:51:07","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=4122","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":4116,"post_author":"1","post_date":"2022-03-26 17:39:16","post_date_gmt":"2022-03-26 06:39:16","post_content":"\n

According to reports released on Friday, Indian Finance Minister Nirmala Sitharaman has introduced a capital gains tax of 30% on cryptocurrency transactions.\u00a0<\/p>\n\n\n\n

To add, Indians buying or selling crypto will have to pay a 1% tax deducted at source (TDS), as well as taxes on crypto gifts. The bill states that users are not able to take deductions for any losses. <\/p>\n\n\n\n

The crypto taxes will come into effect on April 1, while the TDS will start on July 1.<\/p>\n\n\n\n

\nhttps:\/\/twitter.com\/WatcherGuru\/status\/1507334988164964355?ref_src=twsrc%5Etfw%7Ctwcamp%5Etweetembed%7Ctwterm%5E1507334988164964355%7Ctwgr%5E%7Ctwcon%5Es1_&ref_url=https%3A%2F%2Fen.ethereumworldnews.com%2Findia-heavy-crypto-tax-law%2F\n<\/div><\/figure>\n\n\n\n

The bill was initially proposed<\/a> in Feburary but was met with heavy backlash<\/a> by Indians, calling for changes to the imposed policy.<\/p>\n\n\n\n

The bill was met with criticism in the government, 20+ members of the lower house of Parliment criticized the lack of definition of the word cryptocurrency in the bill arguing that this would \"finish the industry\". Criticisers were met with a sharp response that \"there is no confusing signal\". <\/p>\n\n\n\n

Sitharaman states the main reason for the tax is because people are profiting from it. Despite this Indians are still not able to take deductions for any losses.<\/p>\n\n\n\n

Many cryptocurrency companies and users are considering filing an appeal to the Indian Supreme Court. <\/p>\n","post_title":"Indian Parliament Passes A 30% Crypto Tax Law","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"indian-parliament-passes-a-30-crypto-tax-law","to_ping":"","pinged":"\nhttps:\/\/www.thedistributed.co\/petition-to-reduce-30-tax-on-crypto-gains-in-india-reaches-a-25000-signatures-milestone%ef%bf%bc\/","post_modified":"2022-03-26 17:42:58","post_modified_gmt":"2022-03-26 06:42:58","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=4116","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":4110,"post_author":"1","post_date":"2022-03-26 12:54:51","post_date_gmt":"2022-03-26 01:54:51","post_content":"\n

Google has filed<\/a> a trademark application for a 'Non-Fungible Planet'. Although it seems that the trademark has less to do with cryptocurrencies and more to do with environmental activism.<\/p>\n\n\n\n

The filing is an 'educational' campaign aimed at \u201cproviding information about environmental protection, conservation, energy efficiency, climate change, reducing carbon footprints, environmental issues and sustainability efforts\".<\/p>\n\n\n\n

The project aims to provide \"educational and entertainment services, namely, providing online non-downloadable videos featuring information in the fields of environmental protection, conservation, energy efficiency, climate change, reducing carbon footprints, environmental issues and sustainability efforts.\"<\/p>\n\n\n\n

Non-Fungible Planet is implicative of Non-Fungible Tokens (NFTs<\/a>) which have taken the crypto industry by storm in the last few years. Although the filing itself makes no mention of NFTs. Non-fungible can be defined as something that cannot be replicated like for like, so in reference to Google's campaign, this could be that we only have one planet and mustn't spoil it.<\/p>\n","post_title":"'Non-Fungible Planet' Is Google's Newest Trademark Filing","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"non-fungible-planet-is-googles-newest-trademark-filing","to_ping":"","pinged":"","post_modified":"2022-03-26 17:43:23","post_modified_gmt":"2022-03-26 06:43:23","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=4110","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":4106,"post_author":"1","post_date":"2022-03-25 21:40:55","post_date_gmt":"2022-03-25 10:40:55","post_content":"\n

Bitcoin ATM operator, Bitcoin of America<\/a> announced<\/a> in a press release that their ATMs support the transaction of Dogecoin ($DOGE).<\/p>\n\n\n\n

\nhttps:\/\/twitter.com\/BTCofAmerica\/status\/1506632012454629390?ref_src=twsrc%5Etfw%7Ctwcamp%5Etweetembed%7Ctwterm%5E1506632012454629390%7Ctwgr%5E%7Ctwcon%5Es1_&ref_url=https%3A%2F%2Fu.today%2Fdogecoin-now-added-to-bitcoin-of-america-atms-details\n<\/div><\/figure>\n\n\n\n

After recognizing the popularity of the meme-coin and the attention it could bring, Bitcoin of America added the currency to their BTMs. Dogecoin ($DOGE<\/a>) is now available for transactions alongside Bitcoin ($BTC<\/a>), Ethereum ($ETH<\/a>), and Litecoin ($LTC<\/a>). To date, Bitcoin of America has 1800 plus BTMs across 31 states.\u00a0<\/p>\n\n\n\n

Bitcoin of America has made several updates to its BTMs with the announcement of its new Universal Kiosk.\u00a0The new universal kiosk combines the capabilities of a traditional ATM with a Bitcoin ATM and offers 3 main functions. The first is the traditional ATM feature where customers can dispense cash from a debit card. The second function is being able to\u00a0buy cryptocurrency\u00a0with cash. The last is that customers can sell crypto in return for cash.<\/p>\n\n\n\n

Dogecoin has rallied in the past few days going from $0.123 to a high of $0.140. The current market cap is sitting at US$18 billion.<\/p>\n\n\n\n

\"\"
Dogecoin 2-Day Price Data - Source: CoinMarketCap<\/figcaption><\/figure>\n","post_title":"Bitcoin ATM Operator Now Supports $DOGE","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"bitcoin-atm-operator-now-supports-doge","to_ping":"","pinged":"","post_modified":"2023-04-11 12:50:37","post_modified_gmt":"2023-04-11 02:50:37","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=4106","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":4087,"post_author":"1","post_date":"2022-03-24 23:37:18","post_date_gmt":"2022-03-24 12:37:18","post_content":"\n

In a\u00a0blog post<\/a>\u00a0by Loopring's head of growth, Adam Browman states that \"the GameStop NFT Marketplace has taken its first steps to welcome users, and it is built atop Loopring!\"<\/p>\n\n\n\n

Browman believes that the project \"has the potential to cement itself at the forefront of this new paradigm and become the destination for global digital economies.\" The blog post states that users can get early access to the project now to set up usernames and profiles, as well as make their first deposits.<\/p>\n\n\n\n

GameStop and NFTs<\/h2>\n\n\n\n

Rumors circulating since November\u00a0suggested that Loopring might be working with GameStop on a metaverse-related project. The Wall Street Journal\u00a0reported<\/a> in January\u00a0that GameStop was planning to build a new team focused on NFTs.<\/p>\n\n\n\n

Soon after that announcement, GameStop mentioned Immuntable X as their primary partner for the project. Despite this fact, Loopring was mentioned<\/a> at the time in an SEC filing<\/a>.<\/p>\n\n\n\n

According to an article from Decrypt<\/a>, there has been a lot of confusion on the topic and who is powering the NFT marketplace. It turns out that both Loopring and Immutable X are powering the NFT plans of GameStop. Although Immutable X tweeted<\/a> in a thread how they are the \"preferred partner\".<\/p>\n\n\n\n

Immutable mentioned the Loopring integration \u201cwas not a surprise (and we welcome them!).\" The marketplace will act as an aggregator across NFT minting platforms. Although, it appears that Immutable X will receive the most focus on the marketplace being the \"preferred partner\".<\/p>\n\n\n\n

\nhttps:\/\/twitter.com\/Immutable\/status\/1506596126677295108\n<\/div><\/figure>\n\n\n\n

Since the announcement, $LRC<\/a>, the native token of Layer 2 blockchain<\/a> Loopring has soared over 35% to a high of $1.21. Although it is now trading steadily at $1.09. Loopring is currently sitting at a market cap of US$1.46 billion, according to data from CoinMarketCap.<\/p>\n\n\n\n

$IMX<\/a>, the token on the Immutable X blockchain is down 8.9% in the past 24 hours, trading at $2.19, according to data from CoinMarketCap.<\/p>\n\n\n\n

The other company in the mix, GameStop also had a huge day seeing a 14.5% gain to $141 in GME<\/a> stocks. Over 24 million GME shares were traded today alone. <\/p>\n","post_title":"GameStop NFT Marketplace Has Entered Beta, Integrated With Loopring","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"gamestop-nft-marketplace-has-entered-beta-integrated-with-loopring","to_ping":"","pinged":"","post_modified":"2022-03-24 23:37:42","post_modified_gmt":"2022-03-24 12:37:42","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=4087","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":4089,"post_author":"1","post_date":"2022-03-24 22:46:11","post_date_gmt":"2022-03-24 11:46:11","post_content":"\n

Floyd \u2019Money\u2019 Mayweather has re-entered the world of cryptocurrency with the announcement of his 2nd NFT project, dubbed Mayweverse. <\/p>\n\n\n\n

The project will consist of 5 different NFTs, each NFT will have 1000 copies available to mint. Every card has its own rarity, utility, and prizes. <\/p>\n\n\n\n

Despite how good it may sounds, Twitter users were quick to criticize. Floyd was reminded<\/a> of his previous NFT project<\/a>, which made him nearly US$5 million and is now worthless. \u201cYou already have an NFT project, it\u2019s called @RealFloydNFT. You released it last year and then stopped working on it immediately after. Have you been punched in the head so much that you\u2019re forgetting these things now?\u201d<\/p>\n\n\n\n

\nhttps:\/\/twitter.com\/Berke_eth\/status\/1506051809542037506\n<\/div><\/figure>\n\n\n\n

Users were quick to call his bluff<\/a>. Floyd states that he has been working on this for months, although the twitter handle @mayweverse<\/a> was created this month. <\/p>\n\n\n\n

Coffezilla, known for calling out rug pulls and scams within the industry tweeted<\/a> his thoughts on the NFT project. He states \"Floyd Mayweather is frantically deleting evidence of his last NFT scam. He's getting roasted by the investors.\" <\/p>\n\n\n\n

Will this NFT collection follow in the footsteps of his previous NFT collection and be abandoned, or will he stick by his word?<\/p>\n","post_title":"Floyd Mayweather Re-enters The World Of Crypto With \u2018Mayweverse\u2019 NFT Project","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"floyd-mayweather-re-enters-the-world-of-crypto-with-mayweverse-nft-project","to_ping":"","pinged":"","post_modified":"2022-03-24 23:37:53","post_modified_gmt":"2022-03-24 12:37:53","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=4089","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":4040,"post_author":"1","post_date":"2022-03-23 22:24:41","post_date_gmt":"2022-03-23 11:24:41","post_content":"\n

Crypto.com has announced<\/a> they are the official sponsor of the 2022 FIFA World Cup hosted in Qatar.<\/p>\n\n\n\n

As per their official announcement, Crypto.com will be the exclusive cryptocurrency trading platform sponsor of the event, benefitting from significant brand exposure both within and outside the stadiums.<\/p>\n\n\n\n

\nhttps:\/\/twitter.com\/cryptocom\/status\/1506424728818679808\n<\/div><\/figure>\n\n\n\n

\u201cCrypto.com has already demonstrated a commitment to supporting top-tier teams and leagues, major events and iconic venues across the world, and there is no platform bigger, or with a greater reach and cultural impact, than FIFA\u2019s global platform of football,\u201d<\/p>Kay Madati, FIFA\u2019s Chief Commercial Officer.<\/cite><\/blockquote>\n\n\n\n

In November of 2021, Crypto.com announced they bought the rights to the Staples Arena,<\/a> in a historic deal inked at US$700 million. Crypto.com has also\u00a0partnered with the Australian Football League<\/a>\u00a0in a $25 million deal, signed a $100-million sponsorship with Formula 1, and confirmed a $175 million sponsorship with the UFC.<\/p>\n\n\n\n

CEO and Co-Founder of Crypto.com Kris Marszalek believes that the sponsorship with the FIFA World Cup will \u201cdrive further awareness of Crypto.com globally.\u201d This is just one more addition to their expanding list of sponsorships worldwide.<\/p>\n","post_title":"CryptoCom Is The Main Sponsor Of The 2022 World Cup","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"crypto-com-is-the-main-sponsor-of-the-2022-world-cup","to_ping":"","pinged":"\nhttps:\/\/www.thedistributed.co\/crypto-com-arena-deal-sealed\/","post_modified":"2022-06-06 21:35:19","post_modified_gmt":"2022-06-06 11:35:19","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=4040","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};

1 76 77 78 79 80 85

Most Read

Subscribe To Our Newsletter

By subscribing, you agree with our privacy and terms.

Follow The Distributed

ADVERTISEMENT
\n

Despite Bitcoin being down over 30% from all-time highs, the coin has traded relatively stable in 2022 according to its historical price data. The relationship between Bitcoin and the S&P500 has hit a 17 month high<\/a>, dictating the stability it has seen in comparison to other 'stable' investments.<\/p>\n","post_title":"Bitcoin Reaches $46,000 For First Time Since January","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"bitcoin-reaches-46000-for-first-time-since-january","to_ping":"","pinged":"\nhttps:\/\/www.thedistributed.co\/ukraine-dao-launches-1-1-nft-to-raise-funds-to-help-war-torn-ukrainians\/","post_modified":"2023-04-11 12:50:26","post_modified_gmt":"2023-04-11 02:50:26","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=4127","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":4122,"post_author":"1","post_date":"2022-03-27 22:04:13","post_date_gmt":"2022-03-27 11:04:13","post_content":"\n

The US Department of Justice (DOJ) <\/a>has announced<\/a> the arrest of two men over a conspiracy to launder money and commit wire fraud \u201cin connection with a million-dollar scheme to defraud purchasers of NFTs advertised as Frosties<\/a>.\u201d<\/p>\n\n\n\n

Suspects Ethan Nguyen (20) and Andre Llacuna (20) were accused of lying about promises that came with the purchase of their NFT collection and withdrawing money from the collection through multiple transactions. Nguyen and Llacuna were identified after they were linked with the IPs linked with Coinbase accounts that the money was withdrawn to through the NFT collection.<\/p>\n\n\n\n

NFT Scam In The Making<\/h2>\n\n\n\n

The official report released by the DOJ details that a total of 8,888 Frosties were released at a floor price of 0.04 ETH (~US$125 at the time). All 8,888 were sold out within 48 minutes of being released making the criminals a cool 356.56 ETH (~US$1,105,000).<\/p>\n\n\n\n

The report by the DOJ outlines that Nguyen and Llacuna \"abruptly abandoned the Frosties NFT project within hours after selling out of Frosties NFTs, deactivated the Frosties website, and transferred approximately $1.1 million in cryptocurrency proceeds from the scheme to various cryptocurrency wallets under their control in multiple transactions designed to obfuscate the original source of funds.\"<\/p>\n\n\n\n

Prior to their arrests, Nguyen and Llacuna were advertising a second NFT project under the name \"Embers\", which had many similarities to the Frosties NFT project. The DOJ believes that this was another \"fraud scheme\".<\/p>\n\n\n\n

Both of the criminals are facing serious time in relation to the scam. This goes to show although cryptocurrencies are based around anonymity, it doesn't allow for illegal acts to stay hidden either.<\/p>\n","post_title":"Frosties NFT Rugpullers Arrested Over A $1.1 Million Scam","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"frosties-nft-rugpullers-arrested-over-a-1-1-million-scam","to_ping":"","pinged":"","post_modified":"2022-03-27 22:51:07","post_modified_gmt":"2022-03-27 11:51:07","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=4122","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":4116,"post_author":"1","post_date":"2022-03-26 17:39:16","post_date_gmt":"2022-03-26 06:39:16","post_content":"\n

According to reports released on Friday, Indian Finance Minister Nirmala Sitharaman has introduced a capital gains tax of 30% on cryptocurrency transactions.\u00a0<\/p>\n\n\n\n

To add, Indians buying or selling crypto will have to pay a 1% tax deducted at source (TDS), as well as taxes on crypto gifts. The bill states that users are not able to take deductions for any losses. <\/p>\n\n\n\n

The crypto taxes will come into effect on April 1, while the TDS will start on July 1.<\/p>\n\n\n\n

\nhttps:\/\/twitter.com\/WatcherGuru\/status\/1507334988164964355?ref_src=twsrc%5Etfw%7Ctwcamp%5Etweetembed%7Ctwterm%5E1507334988164964355%7Ctwgr%5E%7Ctwcon%5Es1_&ref_url=https%3A%2F%2Fen.ethereumworldnews.com%2Findia-heavy-crypto-tax-law%2F\n<\/div><\/figure>\n\n\n\n

The bill was initially proposed<\/a> in Feburary but was met with heavy backlash<\/a> by Indians, calling for changes to the imposed policy.<\/p>\n\n\n\n

The bill was met with criticism in the government, 20+ members of the lower house of Parliment criticized the lack of definition of the word cryptocurrency in the bill arguing that this would \"finish the industry\". Criticisers were met with a sharp response that \"there is no confusing signal\". <\/p>\n\n\n\n

Sitharaman states the main reason for the tax is because people are profiting from it. Despite this Indians are still not able to take deductions for any losses.<\/p>\n\n\n\n

Many cryptocurrency companies and users are considering filing an appeal to the Indian Supreme Court. <\/p>\n","post_title":"Indian Parliament Passes A 30% Crypto Tax Law","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"indian-parliament-passes-a-30-crypto-tax-law","to_ping":"","pinged":"\nhttps:\/\/www.thedistributed.co\/petition-to-reduce-30-tax-on-crypto-gains-in-india-reaches-a-25000-signatures-milestone%ef%bf%bc\/","post_modified":"2022-03-26 17:42:58","post_modified_gmt":"2022-03-26 06:42:58","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=4116","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":4110,"post_author":"1","post_date":"2022-03-26 12:54:51","post_date_gmt":"2022-03-26 01:54:51","post_content":"\n

Google has filed<\/a> a trademark application for a 'Non-Fungible Planet'. Although it seems that the trademark has less to do with cryptocurrencies and more to do with environmental activism.<\/p>\n\n\n\n

The filing is an 'educational' campaign aimed at \u201cproviding information about environmental protection, conservation, energy efficiency, climate change, reducing carbon footprints, environmental issues and sustainability efforts\".<\/p>\n\n\n\n

The project aims to provide \"educational and entertainment services, namely, providing online non-downloadable videos featuring information in the fields of environmental protection, conservation, energy efficiency, climate change, reducing carbon footprints, environmental issues and sustainability efforts.\"<\/p>\n\n\n\n

Non-Fungible Planet is implicative of Non-Fungible Tokens (NFTs<\/a>) which have taken the crypto industry by storm in the last few years. Although the filing itself makes no mention of NFTs. Non-fungible can be defined as something that cannot be replicated like for like, so in reference to Google's campaign, this could be that we only have one planet and mustn't spoil it.<\/p>\n","post_title":"'Non-Fungible Planet' Is Google's Newest Trademark Filing","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"non-fungible-planet-is-googles-newest-trademark-filing","to_ping":"","pinged":"","post_modified":"2022-03-26 17:43:23","post_modified_gmt":"2022-03-26 06:43:23","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=4110","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":4106,"post_author":"1","post_date":"2022-03-25 21:40:55","post_date_gmt":"2022-03-25 10:40:55","post_content":"\n

Bitcoin ATM operator, Bitcoin of America<\/a> announced<\/a> in a press release that their ATMs support the transaction of Dogecoin ($DOGE).<\/p>\n\n\n\n

\nhttps:\/\/twitter.com\/BTCofAmerica\/status\/1506632012454629390?ref_src=twsrc%5Etfw%7Ctwcamp%5Etweetembed%7Ctwterm%5E1506632012454629390%7Ctwgr%5E%7Ctwcon%5Es1_&ref_url=https%3A%2F%2Fu.today%2Fdogecoin-now-added-to-bitcoin-of-america-atms-details\n<\/div><\/figure>\n\n\n\n

After recognizing the popularity of the meme-coin and the attention it could bring, Bitcoin of America added the currency to their BTMs. Dogecoin ($DOGE<\/a>) is now available for transactions alongside Bitcoin ($BTC<\/a>), Ethereum ($ETH<\/a>), and Litecoin ($LTC<\/a>). To date, Bitcoin of America has 1800 plus BTMs across 31 states.\u00a0<\/p>\n\n\n\n

Bitcoin of America has made several updates to its BTMs with the announcement of its new Universal Kiosk.\u00a0The new universal kiosk combines the capabilities of a traditional ATM with a Bitcoin ATM and offers 3 main functions. The first is the traditional ATM feature where customers can dispense cash from a debit card. The second function is being able to\u00a0buy cryptocurrency\u00a0with cash. The last is that customers can sell crypto in return for cash.<\/p>\n\n\n\n

Dogecoin has rallied in the past few days going from $0.123 to a high of $0.140. The current market cap is sitting at US$18 billion.<\/p>\n\n\n\n

\"\"
Dogecoin 2-Day Price Data - Source: CoinMarketCap<\/figcaption><\/figure>\n","post_title":"Bitcoin ATM Operator Now Supports $DOGE","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"bitcoin-atm-operator-now-supports-doge","to_ping":"","pinged":"","post_modified":"2023-04-11 12:50:37","post_modified_gmt":"2023-04-11 02:50:37","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=4106","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":4087,"post_author":"1","post_date":"2022-03-24 23:37:18","post_date_gmt":"2022-03-24 12:37:18","post_content":"\n

In a\u00a0blog post<\/a>\u00a0by Loopring's head of growth, Adam Browman states that \"the GameStop NFT Marketplace has taken its first steps to welcome users, and it is built atop Loopring!\"<\/p>\n\n\n\n

Browman believes that the project \"has the potential to cement itself at the forefront of this new paradigm and become the destination for global digital economies.\" The blog post states that users can get early access to the project now to set up usernames and profiles, as well as make their first deposits.<\/p>\n\n\n\n

GameStop and NFTs<\/h2>\n\n\n\n

Rumors circulating since November\u00a0suggested that Loopring might be working with GameStop on a metaverse-related project. The Wall Street Journal\u00a0reported<\/a> in January\u00a0that GameStop was planning to build a new team focused on NFTs.<\/p>\n\n\n\n

Soon after that announcement, GameStop mentioned Immuntable X as their primary partner for the project. Despite this fact, Loopring was mentioned<\/a> at the time in an SEC filing<\/a>.<\/p>\n\n\n\n

According to an article from Decrypt<\/a>, there has been a lot of confusion on the topic and who is powering the NFT marketplace. It turns out that both Loopring and Immutable X are powering the NFT plans of GameStop. Although Immutable X tweeted<\/a> in a thread how they are the \"preferred partner\".<\/p>\n\n\n\n

Immutable mentioned the Loopring integration \u201cwas not a surprise (and we welcome them!).\" The marketplace will act as an aggregator across NFT minting platforms. Although, it appears that Immutable X will receive the most focus on the marketplace being the \"preferred partner\".<\/p>\n\n\n\n

\nhttps:\/\/twitter.com\/Immutable\/status\/1506596126677295108\n<\/div><\/figure>\n\n\n\n

Since the announcement, $LRC<\/a>, the native token of Layer 2 blockchain<\/a> Loopring has soared over 35% to a high of $1.21. Although it is now trading steadily at $1.09. Loopring is currently sitting at a market cap of US$1.46 billion, according to data from CoinMarketCap.<\/p>\n\n\n\n

$IMX<\/a>, the token on the Immutable X blockchain is down 8.9% in the past 24 hours, trading at $2.19, according to data from CoinMarketCap.<\/p>\n\n\n\n

The other company in the mix, GameStop also had a huge day seeing a 14.5% gain to $141 in GME<\/a> stocks. Over 24 million GME shares were traded today alone. <\/p>\n","post_title":"GameStop NFT Marketplace Has Entered Beta, Integrated With Loopring","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"gamestop-nft-marketplace-has-entered-beta-integrated-with-loopring","to_ping":"","pinged":"","post_modified":"2022-03-24 23:37:42","post_modified_gmt":"2022-03-24 12:37:42","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=4087","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":4089,"post_author":"1","post_date":"2022-03-24 22:46:11","post_date_gmt":"2022-03-24 11:46:11","post_content":"\n

Floyd \u2019Money\u2019 Mayweather has re-entered the world of cryptocurrency with the announcement of his 2nd NFT project, dubbed Mayweverse. <\/p>\n\n\n\n

The project will consist of 5 different NFTs, each NFT will have 1000 copies available to mint. Every card has its own rarity, utility, and prizes. <\/p>\n\n\n\n

Despite how good it may sounds, Twitter users were quick to criticize. Floyd was reminded<\/a> of his previous NFT project<\/a>, which made him nearly US$5 million and is now worthless. \u201cYou already have an NFT project, it\u2019s called @RealFloydNFT. You released it last year and then stopped working on it immediately after. Have you been punched in the head so much that you\u2019re forgetting these things now?\u201d<\/p>\n\n\n\n

\nhttps:\/\/twitter.com\/Berke_eth\/status\/1506051809542037506\n<\/div><\/figure>\n\n\n\n

Users were quick to call his bluff<\/a>. Floyd states that he has been working on this for months, although the twitter handle @mayweverse<\/a> was created this month. <\/p>\n\n\n\n

Coffezilla, known for calling out rug pulls and scams within the industry tweeted<\/a> his thoughts on the NFT project. He states \"Floyd Mayweather is frantically deleting evidence of his last NFT scam. He's getting roasted by the investors.\" <\/p>\n\n\n\n

Will this NFT collection follow in the footsteps of his previous NFT collection and be abandoned, or will he stick by his word?<\/p>\n","post_title":"Floyd Mayweather Re-enters The World Of Crypto With \u2018Mayweverse\u2019 NFT Project","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"floyd-mayweather-re-enters-the-world-of-crypto-with-mayweverse-nft-project","to_ping":"","pinged":"","post_modified":"2022-03-24 23:37:53","post_modified_gmt":"2022-03-24 12:37:53","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=4089","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":4040,"post_author":"1","post_date":"2022-03-23 22:24:41","post_date_gmt":"2022-03-23 11:24:41","post_content":"\n

Crypto.com has announced<\/a> they are the official sponsor of the 2022 FIFA World Cup hosted in Qatar.<\/p>\n\n\n\n

As per their official announcement, Crypto.com will be the exclusive cryptocurrency trading platform sponsor of the event, benefitting from significant brand exposure both within and outside the stadiums.<\/p>\n\n\n\n

\nhttps:\/\/twitter.com\/cryptocom\/status\/1506424728818679808\n<\/div><\/figure>\n\n\n\n

\u201cCrypto.com has already demonstrated a commitment to supporting top-tier teams and leagues, major events and iconic venues across the world, and there is no platform bigger, or with a greater reach and cultural impact, than FIFA\u2019s global platform of football,\u201d<\/p>Kay Madati, FIFA\u2019s Chief Commercial Officer.<\/cite><\/blockquote>\n\n\n\n

In November of 2021, Crypto.com announced they bought the rights to the Staples Arena,<\/a> in a historic deal inked at US$700 million. Crypto.com has also\u00a0partnered with the Australian Football League<\/a>\u00a0in a $25 million deal, signed a $100-million sponsorship with Formula 1, and confirmed a $175 million sponsorship with the UFC.<\/p>\n\n\n\n

CEO and Co-Founder of Crypto.com Kris Marszalek believes that the sponsorship with the FIFA World Cup will \u201cdrive further awareness of Crypto.com globally.\u201d This is just one more addition to their expanding list of sponsorships worldwide.<\/p>\n","post_title":"CryptoCom Is The Main Sponsor Of The 2022 World Cup","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"crypto-com-is-the-main-sponsor-of-the-2022-world-cup","to_ping":"","pinged":"\nhttps:\/\/www.thedistributed.co\/crypto-com-arena-deal-sealed\/","post_modified":"2022-06-06 21:35:19","post_modified_gmt":"2022-06-06 11:35:19","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=4040","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};

1 76 77 78 79 80 85

Most Read

Subscribe To Our Newsletter

By subscribing, you agree with our privacy and terms.

Follow The Distributed

ADVERTISEMENT
\n

Ukraine has been able to utilize the decentralized nature of cryptocurrencies to gain support<\/a> for their country, compared to sites like GoFundMe where many pages have been blocked for violating their strict policies.<\/p>\n\n\n\n

Despite Bitcoin being down over 30% from all-time highs, the coin has traded relatively stable in 2022 according to its historical price data. The relationship between Bitcoin and the S&P500 has hit a 17 month high<\/a>, dictating the stability it has seen in comparison to other 'stable' investments.<\/p>\n","post_title":"Bitcoin Reaches $46,000 For First Time Since January","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"bitcoin-reaches-46000-for-first-time-since-january","to_ping":"","pinged":"\nhttps:\/\/www.thedistributed.co\/ukraine-dao-launches-1-1-nft-to-raise-funds-to-help-war-torn-ukrainians\/","post_modified":"2023-04-11 12:50:26","post_modified_gmt":"2023-04-11 02:50:26","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=4127","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":4122,"post_author":"1","post_date":"2022-03-27 22:04:13","post_date_gmt":"2022-03-27 11:04:13","post_content":"\n

The US Department of Justice (DOJ) <\/a>has announced<\/a> the arrest of two men over a conspiracy to launder money and commit wire fraud \u201cin connection with a million-dollar scheme to defraud purchasers of NFTs advertised as Frosties<\/a>.\u201d<\/p>\n\n\n\n

Suspects Ethan Nguyen (20) and Andre Llacuna (20) were accused of lying about promises that came with the purchase of their NFT collection and withdrawing money from the collection through multiple transactions. Nguyen and Llacuna were identified after they were linked with the IPs linked with Coinbase accounts that the money was withdrawn to through the NFT collection.<\/p>\n\n\n\n

NFT Scam In The Making<\/h2>\n\n\n\n

The official report released by the DOJ details that a total of 8,888 Frosties were released at a floor price of 0.04 ETH (~US$125 at the time). All 8,888 were sold out within 48 minutes of being released making the criminals a cool 356.56 ETH (~US$1,105,000).<\/p>\n\n\n\n

The report by the DOJ outlines that Nguyen and Llacuna \"abruptly abandoned the Frosties NFT project within hours after selling out of Frosties NFTs, deactivated the Frosties website, and transferred approximately $1.1 million in cryptocurrency proceeds from the scheme to various cryptocurrency wallets under their control in multiple transactions designed to obfuscate the original source of funds.\"<\/p>\n\n\n\n

Prior to their arrests, Nguyen and Llacuna were advertising a second NFT project under the name \"Embers\", which had many similarities to the Frosties NFT project. The DOJ believes that this was another \"fraud scheme\".<\/p>\n\n\n\n

Both of the criminals are facing serious time in relation to the scam. This goes to show although cryptocurrencies are based around anonymity, it doesn't allow for illegal acts to stay hidden either.<\/p>\n","post_title":"Frosties NFT Rugpullers Arrested Over A $1.1 Million Scam","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"frosties-nft-rugpullers-arrested-over-a-1-1-million-scam","to_ping":"","pinged":"","post_modified":"2022-03-27 22:51:07","post_modified_gmt":"2022-03-27 11:51:07","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=4122","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":4116,"post_author":"1","post_date":"2022-03-26 17:39:16","post_date_gmt":"2022-03-26 06:39:16","post_content":"\n

According to reports released on Friday, Indian Finance Minister Nirmala Sitharaman has introduced a capital gains tax of 30% on cryptocurrency transactions.\u00a0<\/p>\n\n\n\n

To add, Indians buying or selling crypto will have to pay a 1% tax deducted at source (TDS), as well as taxes on crypto gifts. The bill states that users are not able to take deductions for any losses. <\/p>\n\n\n\n

The crypto taxes will come into effect on April 1, while the TDS will start on July 1.<\/p>\n\n\n\n

\nhttps:\/\/twitter.com\/WatcherGuru\/status\/1507334988164964355?ref_src=twsrc%5Etfw%7Ctwcamp%5Etweetembed%7Ctwterm%5E1507334988164964355%7Ctwgr%5E%7Ctwcon%5Es1_&ref_url=https%3A%2F%2Fen.ethereumworldnews.com%2Findia-heavy-crypto-tax-law%2F\n<\/div><\/figure>\n\n\n\n

The bill was initially proposed<\/a> in Feburary but was met with heavy backlash<\/a> by Indians, calling for changes to the imposed policy.<\/p>\n\n\n\n

The bill was met with criticism in the government, 20+ members of the lower house of Parliment criticized the lack of definition of the word cryptocurrency in the bill arguing that this would \"finish the industry\". Criticisers were met with a sharp response that \"there is no confusing signal\". <\/p>\n\n\n\n

Sitharaman states the main reason for the tax is because people are profiting from it. Despite this Indians are still not able to take deductions for any losses.<\/p>\n\n\n\n

Many cryptocurrency companies and users are considering filing an appeal to the Indian Supreme Court. <\/p>\n","post_title":"Indian Parliament Passes A 30% Crypto Tax Law","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"indian-parliament-passes-a-30-crypto-tax-law","to_ping":"","pinged":"\nhttps:\/\/www.thedistributed.co\/petition-to-reduce-30-tax-on-crypto-gains-in-india-reaches-a-25000-signatures-milestone%ef%bf%bc\/","post_modified":"2022-03-26 17:42:58","post_modified_gmt":"2022-03-26 06:42:58","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=4116","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":4110,"post_author":"1","post_date":"2022-03-26 12:54:51","post_date_gmt":"2022-03-26 01:54:51","post_content":"\n

Google has filed<\/a> a trademark application for a 'Non-Fungible Planet'. Although it seems that the trademark has less to do with cryptocurrencies and more to do with environmental activism.<\/p>\n\n\n\n

The filing is an 'educational' campaign aimed at \u201cproviding information about environmental protection, conservation, energy efficiency, climate change, reducing carbon footprints, environmental issues and sustainability efforts\".<\/p>\n\n\n\n

The project aims to provide \"educational and entertainment services, namely, providing online non-downloadable videos featuring information in the fields of environmental protection, conservation, energy efficiency, climate change, reducing carbon footprints, environmental issues and sustainability efforts.\"<\/p>\n\n\n\n

Non-Fungible Planet is implicative of Non-Fungible Tokens (NFTs<\/a>) which have taken the crypto industry by storm in the last few years. Although the filing itself makes no mention of NFTs. Non-fungible can be defined as something that cannot be replicated like for like, so in reference to Google's campaign, this could be that we only have one planet and mustn't spoil it.<\/p>\n","post_title":"'Non-Fungible Planet' Is Google's Newest Trademark Filing","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"non-fungible-planet-is-googles-newest-trademark-filing","to_ping":"","pinged":"","post_modified":"2022-03-26 17:43:23","post_modified_gmt":"2022-03-26 06:43:23","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=4110","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":4106,"post_author":"1","post_date":"2022-03-25 21:40:55","post_date_gmt":"2022-03-25 10:40:55","post_content":"\n

Bitcoin ATM operator, Bitcoin of America<\/a> announced<\/a> in a press release that their ATMs support the transaction of Dogecoin ($DOGE).<\/p>\n\n\n\n

\nhttps:\/\/twitter.com\/BTCofAmerica\/status\/1506632012454629390?ref_src=twsrc%5Etfw%7Ctwcamp%5Etweetembed%7Ctwterm%5E1506632012454629390%7Ctwgr%5E%7Ctwcon%5Es1_&ref_url=https%3A%2F%2Fu.today%2Fdogecoin-now-added-to-bitcoin-of-america-atms-details\n<\/div><\/figure>\n\n\n\n

After recognizing the popularity of the meme-coin and the attention it could bring, Bitcoin of America added the currency to their BTMs. Dogecoin ($DOGE<\/a>) is now available for transactions alongside Bitcoin ($BTC<\/a>), Ethereum ($ETH<\/a>), and Litecoin ($LTC<\/a>). To date, Bitcoin of America has 1800 plus BTMs across 31 states.\u00a0<\/p>\n\n\n\n

Bitcoin of America has made several updates to its BTMs with the announcement of its new Universal Kiosk.\u00a0The new universal kiosk combines the capabilities of a traditional ATM with a Bitcoin ATM and offers 3 main functions. The first is the traditional ATM feature where customers can dispense cash from a debit card. The second function is being able to\u00a0buy cryptocurrency\u00a0with cash. The last is that customers can sell crypto in return for cash.<\/p>\n\n\n\n

Dogecoin has rallied in the past few days going from $0.123 to a high of $0.140. The current market cap is sitting at US$18 billion.<\/p>\n\n\n\n

\"\"
Dogecoin 2-Day Price Data - Source: CoinMarketCap<\/figcaption><\/figure>\n","post_title":"Bitcoin ATM Operator Now Supports $DOGE","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"bitcoin-atm-operator-now-supports-doge","to_ping":"","pinged":"","post_modified":"2023-04-11 12:50:37","post_modified_gmt":"2023-04-11 02:50:37","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=4106","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":4087,"post_author":"1","post_date":"2022-03-24 23:37:18","post_date_gmt":"2022-03-24 12:37:18","post_content":"\n

In a\u00a0blog post<\/a>\u00a0by Loopring's head of growth, Adam Browman states that \"the GameStop NFT Marketplace has taken its first steps to welcome users, and it is built atop Loopring!\"<\/p>\n\n\n\n

Browman believes that the project \"has the potential to cement itself at the forefront of this new paradigm and become the destination for global digital economies.\" The blog post states that users can get early access to the project now to set up usernames and profiles, as well as make their first deposits.<\/p>\n\n\n\n

GameStop and NFTs<\/h2>\n\n\n\n

Rumors circulating since November\u00a0suggested that Loopring might be working with GameStop on a metaverse-related project. The Wall Street Journal\u00a0reported<\/a> in January\u00a0that GameStop was planning to build a new team focused on NFTs.<\/p>\n\n\n\n

Soon after that announcement, GameStop mentioned Immuntable X as their primary partner for the project. Despite this fact, Loopring was mentioned<\/a> at the time in an SEC filing<\/a>.<\/p>\n\n\n\n

According to an article from Decrypt<\/a>, there has been a lot of confusion on the topic and who is powering the NFT marketplace. It turns out that both Loopring and Immutable X are powering the NFT plans of GameStop. Although Immutable X tweeted<\/a> in a thread how they are the \"preferred partner\".<\/p>\n\n\n\n

Immutable mentioned the Loopring integration \u201cwas not a surprise (and we welcome them!).\" The marketplace will act as an aggregator across NFT minting platforms. Although, it appears that Immutable X will receive the most focus on the marketplace being the \"preferred partner\".<\/p>\n\n\n\n

\nhttps:\/\/twitter.com\/Immutable\/status\/1506596126677295108\n<\/div><\/figure>\n\n\n\n

Since the announcement, $LRC<\/a>, the native token of Layer 2 blockchain<\/a> Loopring has soared over 35% to a high of $1.21. Although it is now trading steadily at $1.09. Loopring is currently sitting at a market cap of US$1.46 billion, according to data from CoinMarketCap.<\/p>\n\n\n\n

$IMX<\/a>, the token on the Immutable X blockchain is down 8.9% in the past 24 hours, trading at $2.19, according to data from CoinMarketCap.<\/p>\n\n\n\n

The other company in the mix, GameStop also had a huge day seeing a 14.5% gain to $141 in GME<\/a> stocks. Over 24 million GME shares were traded today alone. <\/p>\n","post_title":"GameStop NFT Marketplace Has Entered Beta, Integrated With Loopring","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"gamestop-nft-marketplace-has-entered-beta-integrated-with-loopring","to_ping":"","pinged":"","post_modified":"2022-03-24 23:37:42","post_modified_gmt":"2022-03-24 12:37:42","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=4087","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":4089,"post_author":"1","post_date":"2022-03-24 22:46:11","post_date_gmt":"2022-03-24 11:46:11","post_content":"\n

Floyd \u2019Money\u2019 Mayweather has re-entered the world of cryptocurrency with the announcement of his 2nd NFT project, dubbed Mayweverse. <\/p>\n\n\n\n

The project will consist of 5 different NFTs, each NFT will have 1000 copies available to mint. Every card has its own rarity, utility, and prizes. <\/p>\n\n\n\n

Despite how good it may sounds, Twitter users were quick to criticize. Floyd was reminded<\/a> of his previous NFT project<\/a>, which made him nearly US$5 million and is now worthless. \u201cYou already have an NFT project, it\u2019s called @RealFloydNFT. You released it last year and then stopped working on it immediately after. Have you been punched in the head so much that you\u2019re forgetting these things now?\u201d<\/p>\n\n\n\n

\nhttps:\/\/twitter.com\/Berke_eth\/status\/1506051809542037506\n<\/div><\/figure>\n\n\n\n

Users were quick to call his bluff<\/a>. Floyd states that he has been working on this for months, although the twitter handle @mayweverse<\/a> was created this month. <\/p>\n\n\n\n

Coffezilla, known for calling out rug pulls and scams within the industry tweeted<\/a> his thoughts on the NFT project. He states \"Floyd Mayweather is frantically deleting evidence of his last NFT scam. He's getting roasted by the investors.\" <\/p>\n\n\n\n

Will this NFT collection follow in the footsteps of his previous NFT collection and be abandoned, or will he stick by his word?<\/p>\n","post_title":"Floyd Mayweather Re-enters The World Of Crypto With \u2018Mayweverse\u2019 NFT Project","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"floyd-mayweather-re-enters-the-world-of-crypto-with-mayweverse-nft-project","to_ping":"","pinged":"","post_modified":"2022-03-24 23:37:53","post_modified_gmt":"2022-03-24 12:37:53","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=4089","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":4040,"post_author":"1","post_date":"2022-03-23 22:24:41","post_date_gmt":"2022-03-23 11:24:41","post_content":"\n

Crypto.com has announced<\/a> they are the official sponsor of the 2022 FIFA World Cup hosted in Qatar.<\/p>\n\n\n\n

As per their official announcement, Crypto.com will be the exclusive cryptocurrency trading platform sponsor of the event, benefitting from significant brand exposure both within and outside the stadiums.<\/p>\n\n\n\n

\nhttps:\/\/twitter.com\/cryptocom\/status\/1506424728818679808\n<\/div><\/figure>\n\n\n\n

\u201cCrypto.com has already demonstrated a commitment to supporting top-tier teams and leagues, major events and iconic venues across the world, and there is no platform bigger, or with a greater reach and cultural impact, than FIFA\u2019s global platform of football,\u201d<\/p>Kay Madati, FIFA\u2019s Chief Commercial Officer.<\/cite><\/blockquote>\n\n\n\n

In November of 2021, Crypto.com announced they bought the rights to the Staples Arena,<\/a> in a historic deal inked at US$700 million. Crypto.com has also\u00a0partnered with the Australian Football League<\/a>\u00a0in a $25 million deal, signed a $100-million sponsorship with Formula 1, and confirmed a $175 million sponsorship with the UFC.<\/p>\n\n\n\n

CEO and Co-Founder of Crypto.com Kris Marszalek believes that the sponsorship with the FIFA World Cup will \u201cdrive further awareness of Crypto.com globally.\u201d This is just one more addition to their expanding list of sponsorships worldwide.<\/p>\n","post_title":"CryptoCom Is The Main Sponsor Of The 2022 World Cup","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"crypto-com-is-the-main-sponsor-of-the-2022-world-cup","to_ping":"","pinged":"\nhttps:\/\/www.thedistributed.co\/crypto-com-arena-deal-sealed\/","post_modified":"2022-06-06 21:35:19","post_modified_gmt":"2022-06-06 11:35:19","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=4040","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};

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\n

The breakout of Bitcoin can be linked to the socio-economics currently taking place in the world. With the war against Ukraine, crypto has become an outlet for war-torn victims who cannot safely use their fiat currencies.<\/p>\n\n\n\n

Ukraine has been able to utilize the decentralized nature of cryptocurrencies to gain support<\/a> for their country, compared to sites like GoFundMe where many pages have been blocked for violating their strict policies.<\/p>\n\n\n\n

Despite Bitcoin being down over 30% from all-time highs, the coin has traded relatively stable in 2022 according to its historical price data. The relationship between Bitcoin and the S&P500 has hit a 17 month high<\/a>, dictating the stability it has seen in comparison to other 'stable' investments.<\/p>\n","post_title":"Bitcoin Reaches $46,000 For First Time Since January","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"bitcoin-reaches-46000-for-first-time-since-january","to_ping":"","pinged":"\nhttps:\/\/www.thedistributed.co\/ukraine-dao-launches-1-1-nft-to-raise-funds-to-help-war-torn-ukrainians\/","post_modified":"2023-04-11 12:50:26","post_modified_gmt":"2023-04-11 02:50:26","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=4127","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":4122,"post_author":"1","post_date":"2022-03-27 22:04:13","post_date_gmt":"2022-03-27 11:04:13","post_content":"\n

The US Department of Justice (DOJ) <\/a>has announced<\/a> the arrest of two men over a conspiracy to launder money and commit wire fraud \u201cin connection with a million-dollar scheme to defraud purchasers of NFTs advertised as Frosties<\/a>.\u201d<\/p>\n\n\n\n

Suspects Ethan Nguyen (20) and Andre Llacuna (20) were accused of lying about promises that came with the purchase of their NFT collection and withdrawing money from the collection through multiple transactions. Nguyen and Llacuna were identified after they were linked with the IPs linked with Coinbase accounts that the money was withdrawn to through the NFT collection.<\/p>\n\n\n\n

NFT Scam In The Making<\/h2>\n\n\n\n

The official report released by the DOJ details that a total of 8,888 Frosties were released at a floor price of 0.04 ETH (~US$125 at the time). All 8,888 were sold out within 48 minutes of being released making the criminals a cool 356.56 ETH (~US$1,105,000).<\/p>\n\n\n\n

The report by the DOJ outlines that Nguyen and Llacuna \"abruptly abandoned the Frosties NFT project within hours after selling out of Frosties NFTs, deactivated the Frosties website, and transferred approximately $1.1 million in cryptocurrency proceeds from the scheme to various cryptocurrency wallets under their control in multiple transactions designed to obfuscate the original source of funds.\"<\/p>\n\n\n\n

Prior to their arrests, Nguyen and Llacuna were advertising a second NFT project under the name \"Embers\", which had many similarities to the Frosties NFT project. The DOJ believes that this was another \"fraud scheme\".<\/p>\n\n\n\n

Both of the criminals are facing serious time in relation to the scam. This goes to show although cryptocurrencies are based around anonymity, it doesn't allow for illegal acts to stay hidden either.<\/p>\n","post_title":"Frosties NFT Rugpullers Arrested Over A $1.1 Million Scam","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"frosties-nft-rugpullers-arrested-over-a-1-1-million-scam","to_ping":"","pinged":"","post_modified":"2022-03-27 22:51:07","post_modified_gmt":"2022-03-27 11:51:07","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=4122","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":4116,"post_author":"1","post_date":"2022-03-26 17:39:16","post_date_gmt":"2022-03-26 06:39:16","post_content":"\n

According to reports released on Friday, Indian Finance Minister Nirmala Sitharaman has introduced a capital gains tax of 30% on cryptocurrency transactions.\u00a0<\/p>\n\n\n\n

To add, Indians buying or selling crypto will have to pay a 1% tax deducted at source (TDS), as well as taxes on crypto gifts. The bill states that users are not able to take deductions for any losses. <\/p>\n\n\n\n

The crypto taxes will come into effect on April 1, while the TDS will start on July 1.<\/p>\n\n\n\n

\nhttps:\/\/twitter.com\/WatcherGuru\/status\/1507334988164964355?ref_src=twsrc%5Etfw%7Ctwcamp%5Etweetembed%7Ctwterm%5E1507334988164964355%7Ctwgr%5E%7Ctwcon%5Es1_&ref_url=https%3A%2F%2Fen.ethereumworldnews.com%2Findia-heavy-crypto-tax-law%2F\n<\/div><\/figure>\n\n\n\n

The bill was initially proposed<\/a> in Feburary but was met with heavy backlash<\/a> by Indians, calling for changes to the imposed policy.<\/p>\n\n\n\n

The bill was met with criticism in the government, 20+ members of the lower house of Parliment criticized the lack of definition of the word cryptocurrency in the bill arguing that this would \"finish the industry\". Criticisers were met with a sharp response that \"there is no confusing signal\". <\/p>\n\n\n\n

Sitharaman states the main reason for the tax is because people are profiting from it. Despite this Indians are still not able to take deductions for any losses.<\/p>\n\n\n\n

Many cryptocurrency companies and users are considering filing an appeal to the Indian Supreme Court. <\/p>\n","post_title":"Indian Parliament Passes A 30% Crypto Tax Law","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"indian-parliament-passes-a-30-crypto-tax-law","to_ping":"","pinged":"\nhttps:\/\/www.thedistributed.co\/petition-to-reduce-30-tax-on-crypto-gains-in-india-reaches-a-25000-signatures-milestone%ef%bf%bc\/","post_modified":"2022-03-26 17:42:58","post_modified_gmt":"2022-03-26 06:42:58","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=4116","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":4110,"post_author":"1","post_date":"2022-03-26 12:54:51","post_date_gmt":"2022-03-26 01:54:51","post_content":"\n

Google has filed<\/a> a trademark application for a 'Non-Fungible Planet'. Although it seems that the trademark has less to do with cryptocurrencies and more to do with environmental activism.<\/p>\n\n\n\n

The filing is an 'educational' campaign aimed at \u201cproviding information about environmental protection, conservation, energy efficiency, climate change, reducing carbon footprints, environmental issues and sustainability efforts\".<\/p>\n\n\n\n

The project aims to provide \"educational and entertainment services, namely, providing online non-downloadable videos featuring information in the fields of environmental protection, conservation, energy efficiency, climate change, reducing carbon footprints, environmental issues and sustainability efforts.\"<\/p>\n\n\n\n

Non-Fungible Planet is implicative of Non-Fungible Tokens (NFTs<\/a>) which have taken the crypto industry by storm in the last few years. Although the filing itself makes no mention of NFTs. Non-fungible can be defined as something that cannot be replicated like for like, so in reference to Google's campaign, this could be that we only have one planet and mustn't spoil it.<\/p>\n","post_title":"'Non-Fungible Planet' Is Google's Newest Trademark Filing","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"non-fungible-planet-is-googles-newest-trademark-filing","to_ping":"","pinged":"","post_modified":"2022-03-26 17:43:23","post_modified_gmt":"2022-03-26 06:43:23","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=4110","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":4106,"post_author":"1","post_date":"2022-03-25 21:40:55","post_date_gmt":"2022-03-25 10:40:55","post_content":"\n

Bitcoin ATM operator, Bitcoin of America<\/a> announced<\/a> in a press release that their ATMs support the transaction of Dogecoin ($DOGE).<\/p>\n\n\n\n

\nhttps:\/\/twitter.com\/BTCofAmerica\/status\/1506632012454629390?ref_src=twsrc%5Etfw%7Ctwcamp%5Etweetembed%7Ctwterm%5E1506632012454629390%7Ctwgr%5E%7Ctwcon%5Es1_&ref_url=https%3A%2F%2Fu.today%2Fdogecoin-now-added-to-bitcoin-of-america-atms-details\n<\/div><\/figure>\n\n\n\n

After recognizing the popularity of the meme-coin and the attention it could bring, Bitcoin of America added the currency to their BTMs. Dogecoin ($DOGE<\/a>) is now available for transactions alongside Bitcoin ($BTC<\/a>), Ethereum ($ETH<\/a>), and Litecoin ($LTC<\/a>). To date, Bitcoin of America has 1800 plus BTMs across 31 states.\u00a0<\/p>\n\n\n\n

Bitcoin of America has made several updates to its BTMs with the announcement of its new Universal Kiosk.\u00a0The new universal kiosk combines the capabilities of a traditional ATM with a Bitcoin ATM and offers 3 main functions. The first is the traditional ATM feature where customers can dispense cash from a debit card. The second function is being able to\u00a0buy cryptocurrency\u00a0with cash. The last is that customers can sell crypto in return for cash.<\/p>\n\n\n\n

Dogecoin has rallied in the past few days going from $0.123 to a high of $0.140. The current market cap is sitting at US$18 billion.<\/p>\n\n\n\n

\"\"
Dogecoin 2-Day Price Data - Source: CoinMarketCap<\/figcaption><\/figure>\n","post_title":"Bitcoin ATM Operator Now Supports $DOGE","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"bitcoin-atm-operator-now-supports-doge","to_ping":"","pinged":"","post_modified":"2023-04-11 12:50:37","post_modified_gmt":"2023-04-11 02:50:37","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=4106","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":4087,"post_author":"1","post_date":"2022-03-24 23:37:18","post_date_gmt":"2022-03-24 12:37:18","post_content":"\n

In a\u00a0blog post<\/a>\u00a0by Loopring's head of growth, Adam Browman states that \"the GameStop NFT Marketplace has taken its first steps to welcome users, and it is built atop Loopring!\"<\/p>\n\n\n\n

Browman believes that the project \"has the potential to cement itself at the forefront of this new paradigm and become the destination for global digital economies.\" The blog post states that users can get early access to the project now to set up usernames and profiles, as well as make their first deposits.<\/p>\n\n\n\n

GameStop and NFTs<\/h2>\n\n\n\n

Rumors circulating since November\u00a0suggested that Loopring might be working with GameStop on a metaverse-related project. The Wall Street Journal\u00a0reported<\/a> in January\u00a0that GameStop was planning to build a new team focused on NFTs.<\/p>\n\n\n\n

Soon after that announcement, GameStop mentioned Immuntable X as their primary partner for the project. Despite this fact, Loopring was mentioned<\/a> at the time in an SEC filing<\/a>.<\/p>\n\n\n\n

According to an article from Decrypt<\/a>, there has been a lot of confusion on the topic and who is powering the NFT marketplace. It turns out that both Loopring and Immutable X are powering the NFT plans of GameStop. Although Immutable X tweeted<\/a> in a thread how they are the \"preferred partner\".<\/p>\n\n\n\n

Immutable mentioned the Loopring integration \u201cwas not a surprise (and we welcome them!).\" The marketplace will act as an aggregator across NFT minting platforms. Although, it appears that Immutable X will receive the most focus on the marketplace being the \"preferred partner\".<\/p>\n\n\n\n

\nhttps:\/\/twitter.com\/Immutable\/status\/1506596126677295108\n<\/div><\/figure>\n\n\n\n

Since the announcement, $LRC<\/a>, the native token of Layer 2 blockchain<\/a> Loopring has soared over 35% to a high of $1.21. Although it is now trading steadily at $1.09. Loopring is currently sitting at a market cap of US$1.46 billion, according to data from CoinMarketCap.<\/p>\n\n\n\n

$IMX<\/a>, the token on the Immutable X blockchain is down 8.9% in the past 24 hours, trading at $2.19, according to data from CoinMarketCap.<\/p>\n\n\n\n

The other company in the mix, GameStop also had a huge day seeing a 14.5% gain to $141 in GME<\/a> stocks. Over 24 million GME shares were traded today alone. <\/p>\n","post_title":"GameStop NFT Marketplace Has Entered Beta, Integrated With Loopring","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"gamestop-nft-marketplace-has-entered-beta-integrated-with-loopring","to_ping":"","pinged":"","post_modified":"2022-03-24 23:37:42","post_modified_gmt":"2022-03-24 12:37:42","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=4087","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":4089,"post_author":"1","post_date":"2022-03-24 22:46:11","post_date_gmt":"2022-03-24 11:46:11","post_content":"\n

Floyd \u2019Money\u2019 Mayweather has re-entered the world of cryptocurrency with the announcement of his 2nd NFT project, dubbed Mayweverse. <\/p>\n\n\n\n

The project will consist of 5 different NFTs, each NFT will have 1000 copies available to mint. Every card has its own rarity, utility, and prizes. <\/p>\n\n\n\n

Despite how good it may sounds, Twitter users were quick to criticize. Floyd was reminded<\/a> of his previous NFT project<\/a>, which made him nearly US$5 million and is now worthless. \u201cYou already have an NFT project, it\u2019s called @RealFloydNFT. You released it last year and then stopped working on it immediately after. Have you been punched in the head so much that you\u2019re forgetting these things now?\u201d<\/p>\n\n\n\n

\nhttps:\/\/twitter.com\/Berke_eth\/status\/1506051809542037506\n<\/div><\/figure>\n\n\n\n

Users were quick to call his bluff<\/a>. Floyd states that he has been working on this for months, although the twitter handle @mayweverse<\/a> was created this month. <\/p>\n\n\n\n

Coffezilla, known for calling out rug pulls and scams within the industry tweeted<\/a> his thoughts on the NFT project. He states \"Floyd Mayweather is frantically deleting evidence of his last NFT scam. He's getting roasted by the investors.\" <\/p>\n\n\n\n

Will this NFT collection follow in the footsteps of his previous NFT collection and be abandoned, or will he stick by his word?<\/p>\n","post_title":"Floyd Mayweather Re-enters The World Of Crypto With \u2018Mayweverse\u2019 NFT Project","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"floyd-mayweather-re-enters-the-world-of-crypto-with-mayweverse-nft-project","to_ping":"","pinged":"","post_modified":"2022-03-24 23:37:53","post_modified_gmt":"2022-03-24 12:37:53","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=4089","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":4040,"post_author":"1","post_date":"2022-03-23 22:24:41","post_date_gmt":"2022-03-23 11:24:41","post_content":"\n

Crypto.com has announced<\/a> they are the official sponsor of the 2022 FIFA World Cup hosted in Qatar.<\/p>\n\n\n\n

As per their official announcement, Crypto.com will be the exclusive cryptocurrency trading platform sponsor of the event, benefitting from significant brand exposure both within and outside the stadiums.<\/p>\n\n\n\n

\nhttps:\/\/twitter.com\/cryptocom\/status\/1506424728818679808\n<\/div><\/figure>\n\n\n\n

\u201cCrypto.com has already demonstrated a commitment to supporting top-tier teams and leagues, major events and iconic venues across the world, and there is no platform bigger, or with a greater reach and cultural impact, than FIFA\u2019s global platform of football,\u201d<\/p>Kay Madati, FIFA\u2019s Chief Commercial Officer.<\/cite><\/blockquote>\n\n\n\n

In November of 2021, Crypto.com announced they bought the rights to the Staples Arena,<\/a> in a historic deal inked at US$700 million. Crypto.com has also\u00a0partnered with the Australian Football League<\/a>\u00a0in a $25 million deal, signed a $100-million sponsorship with Formula 1, and confirmed a $175 million sponsorship with the UFC.<\/p>\n\n\n\n

CEO and Co-Founder of Crypto.com Kris Marszalek believes that the sponsorship with the FIFA World Cup will \u201cdrive further awareness of Crypto.com globally.\u201d This is just one more addition to their expanding list of sponsorships worldwide.<\/p>\n","post_title":"CryptoCom Is The Main Sponsor Of The 2022 World Cup","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"crypto-com-is-the-main-sponsor-of-the-2022-world-cup","to_ping":"","pinged":"\nhttps:\/\/www.thedistributed.co\/crypto-com-arena-deal-sealed\/","post_modified":"2022-06-06 21:35:19","post_modified_gmt":"2022-06-06 11:35:19","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=4040","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};

1 76 77 78 79 80 85

Most Read

Subscribe To Our Newsletter

By subscribing, you agree with our privacy and terms.

Follow The Distributed

ADVERTISEMENT
\n
\"\"
Bitcoin Price Data (28th March) - Source: CoinMarketCap<\/a><\/figcaption><\/figure>\n\n\n\n

The breakout of Bitcoin can be linked to the socio-economics currently taking place in the world. With the war against Ukraine, crypto has become an outlet for war-torn victims who cannot safely use their fiat currencies.<\/p>\n\n\n\n

Ukraine has been able to utilize the decentralized nature of cryptocurrencies to gain support<\/a> for their country, compared to sites like GoFundMe where many pages have been blocked for violating their strict policies.<\/p>\n\n\n\n

Despite Bitcoin being down over 30% from all-time highs, the coin has traded relatively stable in 2022 according to its historical price data. The relationship between Bitcoin and the S&P500 has hit a 17 month high<\/a>, dictating the stability it has seen in comparison to other 'stable' investments.<\/p>\n","post_title":"Bitcoin Reaches $46,000 For First Time Since January","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"bitcoin-reaches-46000-for-first-time-since-january","to_ping":"","pinged":"\nhttps:\/\/www.thedistributed.co\/ukraine-dao-launches-1-1-nft-to-raise-funds-to-help-war-torn-ukrainians\/","post_modified":"2023-04-11 12:50:26","post_modified_gmt":"2023-04-11 02:50:26","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=4127","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":4122,"post_author":"1","post_date":"2022-03-27 22:04:13","post_date_gmt":"2022-03-27 11:04:13","post_content":"\n

The US Department of Justice (DOJ) <\/a>has announced<\/a> the arrest of two men over a conspiracy to launder money and commit wire fraud \u201cin connection with a million-dollar scheme to defraud purchasers of NFTs advertised as Frosties<\/a>.\u201d<\/p>\n\n\n\n

Suspects Ethan Nguyen (20) and Andre Llacuna (20) were accused of lying about promises that came with the purchase of their NFT collection and withdrawing money from the collection through multiple transactions. Nguyen and Llacuna were identified after they were linked with the IPs linked with Coinbase accounts that the money was withdrawn to through the NFT collection.<\/p>\n\n\n\n

NFT Scam In The Making<\/h2>\n\n\n\n

The official report released by the DOJ details that a total of 8,888 Frosties were released at a floor price of 0.04 ETH (~US$125 at the time). All 8,888 were sold out within 48 minutes of being released making the criminals a cool 356.56 ETH (~US$1,105,000).<\/p>\n\n\n\n

The report by the DOJ outlines that Nguyen and Llacuna \"abruptly abandoned the Frosties NFT project within hours after selling out of Frosties NFTs, deactivated the Frosties website, and transferred approximately $1.1 million in cryptocurrency proceeds from the scheme to various cryptocurrency wallets under their control in multiple transactions designed to obfuscate the original source of funds.\"<\/p>\n\n\n\n

Prior to their arrests, Nguyen and Llacuna were advertising a second NFT project under the name \"Embers\", which had many similarities to the Frosties NFT project. The DOJ believes that this was another \"fraud scheme\".<\/p>\n\n\n\n

Both of the criminals are facing serious time in relation to the scam. This goes to show although cryptocurrencies are based around anonymity, it doesn't allow for illegal acts to stay hidden either.<\/p>\n","post_title":"Frosties NFT Rugpullers Arrested Over A $1.1 Million Scam","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"frosties-nft-rugpullers-arrested-over-a-1-1-million-scam","to_ping":"","pinged":"","post_modified":"2022-03-27 22:51:07","post_modified_gmt":"2022-03-27 11:51:07","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=4122","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":4116,"post_author":"1","post_date":"2022-03-26 17:39:16","post_date_gmt":"2022-03-26 06:39:16","post_content":"\n

According to reports released on Friday, Indian Finance Minister Nirmala Sitharaman has introduced a capital gains tax of 30% on cryptocurrency transactions.\u00a0<\/p>\n\n\n\n

To add, Indians buying or selling crypto will have to pay a 1% tax deducted at source (TDS), as well as taxes on crypto gifts. The bill states that users are not able to take deductions for any losses. <\/p>\n\n\n\n

The crypto taxes will come into effect on April 1, while the TDS will start on July 1.<\/p>\n\n\n\n

\nhttps:\/\/twitter.com\/WatcherGuru\/status\/1507334988164964355?ref_src=twsrc%5Etfw%7Ctwcamp%5Etweetembed%7Ctwterm%5E1507334988164964355%7Ctwgr%5E%7Ctwcon%5Es1_&ref_url=https%3A%2F%2Fen.ethereumworldnews.com%2Findia-heavy-crypto-tax-law%2F\n<\/div><\/figure>\n\n\n\n

The bill was initially proposed<\/a> in Feburary but was met with heavy backlash<\/a> by Indians, calling for changes to the imposed policy.<\/p>\n\n\n\n

The bill was met with criticism in the government, 20+ members of the lower house of Parliment criticized the lack of definition of the word cryptocurrency in the bill arguing that this would \"finish the industry\". Criticisers were met with a sharp response that \"there is no confusing signal\". <\/p>\n\n\n\n

Sitharaman states the main reason for the tax is because people are profiting from it. Despite this Indians are still not able to take deductions for any losses.<\/p>\n\n\n\n

Many cryptocurrency companies and users are considering filing an appeal to the Indian Supreme Court. <\/p>\n","post_title":"Indian Parliament Passes A 30% Crypto Tax Law","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"indian-parliament-passes-a-30-crypto-tax-law","to_ping":"","pinged":"\nhttps:\/\/www.thedistributed.co\/petition-to-reduce-30-tax-on-crypto-gains-in-india-reaches-a-25000-signatures-milestone%ef%bf%bc\/","post_modified":"2022-03-26 17:42:58","post_modified_gmt":"2022-03-26 06:42:58","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=4116","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":4110,"post_author":"1","post_date":"2022-03-26 12:54:51","post_date_gmt":"2022-03-26 01:54:51","post_content":"\n

Google has filed<\/a> a trademark application for a 'Non-Fungible Planet'. Although it seems that the trademark has less to do with cryptocurrencies and more to do with environmental activism.<\/p>\n\n\n\n

The filing is an 'educational' campaign aimed at \u201cproviding information about environmental protection, conservation, energy efficiency, climate change, reducing carbon footprints, environmental issues and sustainability efforts\".<\/p>\n\n\n\n

The project aims to provide \"educational and entertainment services, namely, providing online non-downloadable videos featuring information in the fields of environmental protection, conservation, energy efficiency, climate change, reducing carbon footprints, environmental issues and sustainability efforts.\"<\/p>\n\n\n\n

Non-Fungible Planet is implicative of Non-Fungible Tokens (NFTs<\/a>) which have taken the crypto industry by storm in the last few years. Although the filing itself makes no mention of NFTs. Non-fungible can be defined as something that cannot be replicated like for like, so in reference to Google's campaign, this could be that we only have one planet and mustn't spoil it.<\/p>\n","post_title":"'Non-Fungible Planet' Is Google's Newest Trademark Filing","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"non-fungible-planet-is-googles-newest-trademark-filing","to_ping":"","pinged":"","post_modified":"2022-03-26 17:43:23","post_modified_gmt":"2022-03-26 06:43:23","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=4110","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":4106,"post_author":"1","post_date":"2022-03-25 21:40:55","post_date_gmt":"2022-03-25 10:40:55","post_content":"\n

Bitcoin ATM operator, Bitcoin of America<\/a> announced<\/a> in a press release that their ATMs support the transaction of Dogecoin ($DOGE).<\/p>\n\n\n\n

\nhttps:\/\/twitter.com\/BTCofAmerica\/status\/1506632012454629390?ref_src=twsrc%5Etfw%7Ctwcamp%5Etweetembed%7Ctwterm%5E1506632012454629390%7Ctwgr%5E%7Ctwcon%5Es1_&ref_url=https%3A%2F%2Fu.today%2Fdogecoin-now-added-to-bitcoin-of-america-atms-details\n<\/div><\/figure>\n\n\n\n

After recognizing the popularity of the meme-coin and the attention it could bring, Bitcoin of America added the currency to their BTMs. Dogecoin ($DOGE<\/a>) is now available for transactions alongside Bitcoin ($BTC<\/a>), Ethereum ($ETH<\/a>), and Litecoin ($LTC<\/a>). To date, Bitcoin of America has 1800 plus BTMs across 31 states.\u00a0<\/p>\n\n\n\n

Bitcoin of America has made several updates to its BTMs with the announcement of its new Universal Kiosk.\u00a0The new universal kiosk combines the capabilities of a traditional ATM with a Bitcoin ATM and offers 3 main functions. The first is the traditional ATM feature where customers can dispense cash from a debit card. The second function is being able to\u00a0buy cryptocurrency\u00a0with cash. The last is that customers can sell crypto in return for cash.<\/p>\n\n\n\n

Dogecoin has rallied in the past few days going from $0.123 to a high of $0.140. The current market cap is sitting at US$18 billion.<\/p>\n\n\n\n

\"\"
Dogecoin 2-Day Price Data - Source: CoinMarketCap<\/figcaption><\/figure>\n","post_title":"Bitcoin ATM Operator Now Supports $DOGE","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"bitcoin-atm-operator-now-supports-doge","to_ping":"","pinged":"","post_modified":"2023-04-11 12:50:37","post_modified_gmt":"2023-04-11 02:50:37","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=4106","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":4087,"post_author":"1","post_date":"2022-03-24 23:37:18","post_date_gmt":"2022-03-24 12:37:18","post_content":"\n

In a\u00a0blog post<\/a>\u00a0by Loopring's head of growth, Adam Browman states that \"the GameStop NFT Marketplace has taken its first steps to welcome users, and it is built atop Loopring!\"<\/p>\n\n\n\n

Browman believes that the project \"has the potential to cement itself at the forefront of this new paradigm and become the destination for global digital economies.\" The blog post states that users can get early access to the project now to set up usernames and profiles, as well as make their first deposits.<\/p>\n\n\n\n

GameStop and NFTs<\/h2>\n\n\n\n

Rumors circulating since November\u00a0suggested that Loopring might be working with GameStop on a metaverse-related project. The Wall Street Journal\u00a0reported<\/a> in January\u00a0that GameStop was planning to build a new team focused on NFTs.<\/p>\n\n\n\n

Soon after that announcement, GameStop mentioned Immuntable X as their primary partner for the project. Despite this fact, Loopring was mentioned<\/a> at the time in an SEC filing<\/a>.<\/p>\n\n\n\n

According to an article from Decrypt<\/a>, there has been a lot of confusion on the topic and who is powering the NFT marketplace. It turns out that both Loopring and Immutable X are powering the NFT plans of GameStop. Although Immutable X tweeted<\/a> in a thread how they are the \"preferred partner\".<\/p>\n\n\n\n

Immutable mentioned the Loopring integration \u201cwas not a surprise (and we welcome them!).\" The marketplace will act as an aggregator across NFT minting platforms. Although, it appears that Immutable X will receive the most focus on the marketplace being the \"preferred partner\".<\/p>\n\n\n\n

\nhttps:\/\/twitter.com\/Immutable\/status\/1506596126677295108\n<\/div><\/figure>\n\n\n\n

Since the announcement, $LRC<\/a>, the native token of Layer 2 blockchain<\/a> Loopring has soared over 35% to a high of $1.21. Although it is now trading steadily at $1.09. Loopring is currently sitting at a market cap of US$1.46 billion, according to data from CoinMarketCap.<\/p>\n\n\n\n

$IMX<\/a>, the token on the Immutable X blockchain is down 8.9% in the past 24 hours, trading at $2.19, according to data from CoinMarketCap.<\/p>\n\n\n\n

The other company in the mix, GameStop also had a huge day seeing a 14.5% gain to $141 in GME<\/a> stocks. Over 24 million GME shares were traded today alone. <\/p>\n","post_title":"GameStop NFT Marketplace Has Entered Beta, Integrated With Loopring","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"gamestop-nft-marketplace-has-entered-beta-integrated-with-loopring","to_ping":"","pinged":"","post_modified":"2022-03-24 23:37:42","post_modified_gmt":"2022-03-24 12:37:42","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=4087","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":4089,"post_author":"1","post_date":"2022-03-24 22:46:11","post_date_gmt":"2022-03-24 11:46:11","post_content":"\n

Floyd \u2019Money\u2019 Mayweather has re-entered the world of cryptocurrency with the announcement of his 2nd NFT project, dubbed Mayweverse. <\/p>\n\n\n\n

The project will consist of 5 different NFTs, each NFT will have 1000 copies available to mint. Every card has its own rarity, utility, and prizes. <\/p>\n\n\n\n

Despite how good it may sounds, Twitter users were quick to criticize. Floyd was reminded<\/a> of his previous NFT project<\/a>, which made him nearly US$5 million and is now worthless. \u201cYou already have an NFT project, it\u2019s called @RealFloydNFT. You released it last year and then stopped working on it immediately after. Have you been punched in the head so much that you\u2019re forgetting these things now?\u201d<\/p>\n\n\n\n

\nhttps:\/\/twitter.com\/Berke_eth\/status\/1506051809542037506\n<\/div><\/figure>\n\n\n\n

Users were quick to call his bluff<\/a>. Floyd states that he has been working on this for months, although the twitter handle @mayweverse<\/a> was created this month. <\/p>\n\n\n\n

Coffezilla, known for calling out rug pulls and scams within the industry tweeted<\/a> his thoughts on the NFT project. He states \"Floyd Mayweather is frantically deleting evidence of his last NFT scam. He's getting roasted by the investors.\" <\/p>\n\n\n\n

Will this NFT collection follow in the footsteps of his previous NFT collection and be abandoned, or will he stick by his word?<\/p>\n","post_title":"Floyd Mayweather Re-enters The World Of Crypto With \u2018Mayweverse\u2019 NFT Project","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"floyd-mayweather-re-enters-the-world-of-crypto-with-mayweverse-nft-project","to_ping":"","pinged":"","post_modified":"2022-03-24 23:37:53","post_modified_gmt":"2022-03-24 12:37:53","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=4089","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":4040,"post_author":"1","post_date":"2022-03-23 22:24:41","post_date_gmt":"2022-03-23 11:24:41","post_content":"\n

Crypto.com has announced<\/a> they are the official sponsor of the 2022 FIFA World Cup hosted in Qatar.<\/p>\n\n\n\n

As per their official announcement, Crypto.com will be the exclusive cryptocurrency trading platform sponsor of the event, benefitting from significant brand exposure both within and outside the stadiums.<\/p>\n\n\n\n

\nhttps:\/\/twitter.com\/cryptocom\/status\/1506424728818679808\n<\/div><\/figure>\n\n\n\n

\u201cCrypto.com has already demonstrated a commitment to supporting top-tier teams and leagues, major events and iconic venues across the world, and there is no platform bigger, or with a greater reach and cultural impact, than FIFA\u2019s global platform of football,\u201d<\/p>Kay Madati, FIFA\u2019s Chief Commercial Officer.<\/cite><\/blockquote>\n\n\n\n

In November of 2021, Crypto.com announced they bought the rights to the Staples Arena,<\/a> in a historic deal inked at US$700 million. Crypto.com has also\u00a0partnered with the Australian Football League<\/a>\u00a0in a $25 million deal, signed a $100-million sponsorship with Formula 1, and confirmed a $175 million sponsorship with the UFC.<\/p>\n\n\n\n

CEO and Co-Founder of Crypto.com Kris Marszalek believes that the sponsorship with the FIFA World Cup will \u201cdrive further awareness of Crypto.com globally.\u201d This is just one more addition to their expanding list of sponsorships worldwide.<\/p>\n","post_title":"CryptoCom Is The Main Sponsor Of The 2022 World Cup","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"crypto-com-is-the-main-sponsor-of-the-2022-world-cup","to_ping":"","pinged":"\nhttps:\/\/www.thedistributed.co\/crypto-com-arena-deal-sealed\/","post_modified":"2022-06-06 21:35:19","post_modified_gmt":"2022-06-06 11:35:19","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=4040","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};

1 76 77 78 79 80 85

Most Read

Subscribe To Our Newsletter

By subscribing, you agree with our privacy and terms.

Follow The Distributed

ADVERTISEMENT
\n

Bitcoin has pumped<\/a> to a high of $46,826. This is the coin's highest price since January 1st of this year when it reached $47,686.<\/p>\n\n\n\n

\"\"
Bitcoin Price Data (28th March) - Source: CoinMarketCap<\/a><\/figcaption><\/figure>\n\n\n\n

The breakout of Bitcoin can be linked to the socio-economics currently taking place in the world. With the war against Ukraine, crypto has become an outlet for war-torn victims who cannot safely use their fiat currencies.<\/p>\n\n\n\n

Ukraine has been able to utilize the decentralized nature of cryptocurrencies to gain support<\/a> for their country, compared to sites like GoFundMe where many pages have been blocked for violating their strict policies.<\/p>\n\n\n\n

Despite Bitcoin being down over 30% from all-time highs, the coin has traded relatively stable in 2022 according to its historical price data. The relationship between Bitcoin and the S&P500 has hit a 17 month high<\/a>, dictating the stability it has seen in comparison to other 'stable' investments.<\/p>\n","post_title":"Bitcoin Reaches $46,000 For First Time Since January","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"bitcoin-reaches-46000-for-first-time-since-january","to_ping":"","pinged":"\nhttps:\/\/www.thedistributed.co\/ukraine-dao-launches-1-1-nft-to-raise-funds-to-help-war-torn-ukrainians\/","post_modified":"2023-04-11 12:50:26","post_modified_gmt":"2023-04-11 02:50:26","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=4127","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":4122,"post_author":"1","post_date":"2022-03-27 22:04:13","post_date_gmt":"2022-03-27 11:04:13","post_content":"\n

The US Department of Justice (DOJ) <\/a>has announced<\/a> the arrest of two men over a conspiracy to launder money and commit wire fraud \u201cin connection with a million-dollar scheme to defraud purchasers of NFTs advertised as Frosties<\/a>.\u201d<\/p>\n\n\n\n

Suspects Ethan Nguyen (20) and Andre Llacuna (20) were accused of lying about promises that came with the purchase of their NFT collection and withdrawing money from the collection through multiple transactions. Nguyen and Llacuna were identified after they were linked with the IPs linked with Coinbase accounts that the money was withdrawn to through the NFT collection.<\/p>\n\n\n\n

NFT Scam In The Making<\/h2>\n\n\n\n

The official report released by the DOJ details that a total of 8,888 Frosties were released at a floor price of 0.04 ETH (~US$125 at the time). All 8,888 were sold out within 48 minutes of being released making the criminals a cool 356.56 ETH (~US$1,105,000).<\/p>\n\n\n\n

The report by the DOJ outlines that Nguyen and Llacuna \"abruptly abandoned the Frosties NFT project within hours after selling out of Frosties NFTs, deactivated the Frosties website, and transferred approximately $1.1 million in cryptocurrency proceeds from the scheme to various cryptocurrency wallets under their control in multiple transactions designed to obfuscate the original source of funds.\"<\/p>\n\n\n\n

Prior to their arrests, Nguyen and Llacuna were advertising a second NFT project under the name \"Embers\", which had many similarities to the Frosties NFT project. The DOJ believes that this was another \"fraud scheme\".<\/p>\n\n\n\n

Both of the criminals are facing serious time in relation to the scam. This goes to show although cryptocurrencies are based around anonymity, it doesn't allow for illegal acts to stay hidden either.<\/p>\n","post_title":"Frosties NFT Rugpullers Arrested Over A $1.1 Million Scam","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"frosties-nft-rugpullers-arrested-over-a-1-1-million-scam","to_ping":"","pinged":"","post_modified":"2022-03-27 22:51:07","post_modified_gmt":"2022-03-27 11:51:07","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=4122","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":4116,"post_author":"1","post_date":"2022-03-26 17:39:16","post_date_gmt":"2022-03-26 06:39:16","post_content":"\n

According to reports released on Friday, Indian Finance Minister Nirmala Sitharaman has introduced a capital gains tax of 30% on cryptocurrency transactions.\u00a0<\/p>\n\n\n\n

To add, Indians buying or selling crypto will have to pay a 1% tax deducted at source (TDS), as well as taxes on crypto gifts. The bill states that users are not able to take deductions for any losses. <\/p>\n\n\n\n

The crypto taxes will come into effect on April 1, while the TDS will start on July 1.<\/p>\n\n\n\n

\nhttps:\/\/twitter.com\/WatcherGuru\/status\/1507334988164964355?ref_src=twsrc%5Etfw%7Ctwcamp%5Etweetembed%7Ctwterm%5E1507334988164964355%7Ctwgr%5E%7Ctwcon%5Es1_&ref_url=https%3A%2F%2Fen.ethereumworldnews.com%2Findia-heavy-crypto-tax-law%2F\n<\/div><\/figure>\n\n\n\n

The bill was initially proposed<\/a> in Feburary but was met with heavy backlash<\/a> by Indians, calling for changes to the imposed policy.<\/p>\n\n\n\n

The bill was met with criticism in the government, 20+ members of the lower house of Parliment criticized the lack of definition of the word cryptocurrency in the bill arguing that this would \"finish the industry\". Criticisers were met with a sharp response that \"there is no confusing signal\". <\/p>\n\n\n\n

Sitharaman states the main reason for the tax is because people are profiting from it. Despite this Indians are still not able to take deductions for any losses.<\/p>\n\n\n\n

Many cryptocurrency companies and users are considering filing an appeal to the Indian Supreme Court. <\/p>\n","post_title":"Indian Parliament Passes A 30% Crypto Tax Law","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"indian-parliament-passes-a-30-crypto-tax-law","to_ping":"","pinged":"\nhttps:\/\/www.thedistributed.co\/petition-to-reduce-30-tax-on-crypto-gains-in-india-reaches-a-25000-signatures-milestone%ef%bf%bc\/","post_modified":"2022-03-26 17:42:58","post_modified_gmt":"2022-03-26 06:42:58","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=4116","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":4110,"post_author":"1","post_date":"2022-03-26 12:54:51","post_date_gmt":"2022-03-26 01:54:51","post_content":"\n

Google has filed<\/a> a trademark application for a 'Non-Fungible Planet'. Although it seems that the trademark has less to do with cryptocurrencies and more to do with environmental activism.<\/p>\n\n\n\n

The filing is an 'educational' campaign aimed at \u201cproviding information about environmental protection, conservation, energy efficiency, climate change, reducing carbon footprints, environmental issues and sustainability efforts\".<\/p>\n\n\n\n

The project aims to provide \"educational and entertainment services, namely, providing online non-downloadable videos featuring information in the fields of environmental protection, conservation, energy efficiency, climate change, reducing carbon footprints, environmental issues and sustainability efforts.\"<\/p>\n\n\n\n

Non-Fungible Planet is implicative of Non-Fungible Tokens (NFTs<\/a>) which have taken the crypto industry by storm in the last few years. Although the filing itself makes no mention of NFTs. Non-fungible can be defined as something that cannot be replicated like for like, so in reference to Google's campaign, this could be that we only have one planet and mustn't spoil it.<\/p>\n","post_title":"'Non-Fungible Planet' Is Google's Newest Trademark Filing","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"non-fungible-planet-is-googles-newest-trademark-filing","to_ping":"","pinged":"","post_modified":"2022-03-26 17:43:23","post_modified_gmt":"2022-03-26 06:43:23","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=4110","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":4106,"post_author":"1","post_date":"2022-03-25 21:40:55","post_date_gmt":"2022-03-25 10:40:55","post_content":"\n

Bitcoin ATM operator, Bitcoin of America<\/a> announced<\/a> in a press release that their ATMs support the transaction of Dogecoin ($DOGE).<\/p>\n\n\n\n

\nhttps:\/\/twitter.com\/BTCofAmerica\/status\/1506632012454629390?ref_src=twsrc%5Etfw%7Ctwcamp%5Etweetembed%7Ctwterm%5E1506632012454629390%7Ctwgr%5E%7Ctwcon%5Es1_&ref_url=https%3A%2F%2Fu.today%2Fdogecoin-now-added-to-bitcoin-of-america-atms-details\n<\/div><\/figure>\n\n\n\n

After recognizing the popularity of the meme-coin and the attention it could bring, Bitcoin of America added the currency to their BTMs. Dogecoin ($DOGE<\/a>) is now available for transactions alongside Bitcoin ($BTC<\/a>), Ethereum ($ETH<\/a>), and Litecoin ($LTC<\/a>). To date, Bitcoin of America has 1800 plus BTMs across 31 states.\u00a0<\/p>\n\n\n\n

Bitcoin of America has made several updates to its BTMs with the announcement of its new Universal Kiosk.\u00a0The new universal kiosk combines the capabilities of a traditional ATM with a Bitcoin ATM and offers 3 main functions. The first is the traditional ATM feature where customers can dispense cash from a debit card. The second function is being able to\u00a0buy cryptocurrency\u00a0with cash. The last is that customers can sell crypto in return for cash.<\/p>\n\n\n\n

Dogecoin has rallied in the past few days going from $0.123 to a high of $0.140. The current market cap is sitting at US$18 billion.<\/p>\n\n\n\n

\"\"
Dogecoin 2-Day Price Data - Source: CoinMarketCap<\/figcaption><\/figure>\n","post_title":"Bitcoin ATM Operator Now Supports $DOGE","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"bitcoin-atm-operator-now-supports-doge","to_ping":"","pinged":"","post_modified":"2023-04-11 12:50:37","post_modified_gmt":"2023-04-11 02:50:37","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=4106","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":4087,"post_author":"1","post_date":"2022-03-24 23:37:18","post_date_gmt":"2022-03-24 12:37:18","post_content":"\n

In a\u00a0blog post<\/a>\u00a0by Loopring's head of growth, Adam Browman states that \"the GameStop NFT Marketplace has taken its first steps to welcome users, and it is built atop Loopring!\"<\/p>\n\n\n\n

Browman believes that the project \"has the potential to cement itself at the forefront of this new paradigm and become the destination for global digital economies.\" The blog post states that users can get early access to the project now to set up usernames and profiles, as well as make their first deposits.<\/p>\n\n\n\n

GameStop and NFTs<\/h2>\n\n\n\n

Rumors circulating since November\u00a0suggested that Loopring might be working with GameStop on a metaverse-related project. The Wall Street Journal\u00a0reported<\/a> in January\u00a0that GameStop was planning to build a new team focused on NFTs.<\/p>\n\n\n\n

Soon after that announcement, GameStop mentioned Immuntable X as their primary partner for the project. Despite this fact, Loopring was mentioned<\/a> at the time in an SEC filing<\/a>.<\/p>\n\n\n\n

According to an article from Decrypt<\/a>, there has been a lot of confusion on the topic and who is powering the NFT marketplace. It turns out that both Loopring and Immutable X are powering the NFT plans of GameStop. Although Immutable X tweeted<\/a> in a thread how they are the \"preferred partner\".<\/p>\n\n\n\n

Immutable mentioned the Loopring integration \u201cwas not a surprise (and we welcome them!).\" The marketplace will act as an aggregator across NFT minting platforms. Although, it appears that Immutable X will receive the most focus on the marketplace being the \"preferred partner\".<\/p>\n\n\n\n

\nhttps:\/\/twitter.com\/Immutable\/status\/1506596126677295108\n<\/div><\/figure>\n\n\n\n

Since the announcement, $LRC<\/a>, the native token of Layer 2 blockchain<\/a> Loopring has soared over 35% to a high of $1.21. Although it is now trading steadily at $1.09. Loopring is currently sitting at a market cap of US$1.46 billion, according to data from CoinMarketCap.<\/p>\n\n\n\n

$IMX<\/a>, the token on the Immutable X blockchain is down 8.9% in the past 24 hours, trading at $2.19, according to data from CoinMarketCap.<\/p>\n\n\n\n

The other company in the mix, GameStop also had a huge day seeing a 14.5% gain to $141 in GME<\/a> stocks. Over 24 million GME shares were traded today alone. <\/p>\n","post_title":"GameStop NFT Marketplace Has Entered Beta, Integrated With Loopring","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"gamestop-nft-marketplace-has-entered-beta-integrated-with-loopring","to_ping":"","pinged":"","post_modified":"2022-03-24 23:37:42","post_modified_gmt":"2022-03-24 12:37:42","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=4087","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":4089,"post_author":"1","post_date":"2022-03-24 22:46:11","post_date_gmt":"2022-03-24 11:46:11","post_content":"\n

Floyd \u2019Money\u2019 Mayweather has re-entered the world of cryptocurrency with the announcement of his 2nd NFT project, dubbed Mayweverse. <\/p>\n\n\n\n

The project will consist of 5 different NFTs, each NFT will have 1000 copies available to mint. Every card has its own rarity, utility, and prizes. <\/p>\n\n\n\n

Despite how good it may sounds, Twitter users were quick to criticize. Floyd was reminded<\/a> of his previous NFT project<\/a>, which made him nearly US$5 million and is now worthless. \u201cYou already have an NFT project, it\u2019s called @RealFloydNFT. You released it last year and then stopped working on it immediately after. Have you been punched in the head so much that you\u2019re forgetting these things now?\u201d<\/p>\n\n\n\n

\nhttps:\/\/twitter.com\/Berke_eth\/status\/1506051809542037506\n<\/div><\/figure>\n\n\n\n

Users were quick to call his bluff<\/a>. Floyd states that he has been working on this for months, although the twitter handle @mayweverse<\/a> was created this month. <\/p>\n\n\n\n

Coffezilla, known for calling out rug pulls and scams within the industry tweeted<\/a> his thoughts on the NFT project. He states \"Floyd Mayweather is frantically deleting evidence of his last NFT scam. He's getting roasted by the investors.\" <\/p>\n\n\n\n

Will this NFT collection follow in the footsteps of his previous NFT collection and be abandoned, or will he stick by his word?<\/p>\n","post_title":"Floyd Mayweather Re-enters The World Of Crypto With \u2018Mayweverse\u2019 NFT Project","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"floyd-mayweather-re-enters-the-world-of-crypto-with-mayweverse-nft-project","to_ping":"","pinged":"","post_modified":"2022-03-24 23:37:53","post_modified_gmt":"2022-03-24 12:37:53","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=4089","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":4040,"post_author":"1","post_date":"2022-03-23 22:24:41","post_date_gmt":"2022-03-23 11:24:41","post_content":"\n

Crypto.com has announced<\/a> they are the official sponsor of the 2022 FIFA World Cup hosted in Qatar.<\/p>\n\n\n\n

As per their official announcement, Crypto.com will be the exclusive cryptocurrency trading platform sponsor of the event, benefitting from significant brand exposure both within and outside the stadiums.<\/p>\n\n\n\n

\nhttps:\/\/twitter.com\/cryptocom\/status\/1506424728818679808\n<\/div><\/figure>\n\n\n\n

\u201cCrypto.com has already demonstrated a commitment to supporting top-tier teams and leagues, major events and iconic venues across the world, and there is no platform bigger, or with a greater reach and cultural impact, than FIFA\u2019s global platform of football,\u201d<\/p>Kay Madati, FIFA\u2019s Chief Commercial Officer.<\/cite><\/blockquote>\n\n\n\n

In November of 2021, Crypto.com announced they bought the rights to the Staples Arena,<\/a> in a historic deal inked at US$700 million. Crypto.com has also\u00a0partnered with the Australian Football League<\/a>\u00a0in a $25 million deal, signed a $100-million sponsorship with Formula 1, and confirmed a $175 million sponsorship with the UFC.<\/p>\n\n\n\n

CEO and Co-Founder of Crypto.com Kris Marszalek believes that the sponsorship with the FIFA World Cup will \u201cdrive further awareness of Crypto.com globally.\u201d This is just one more addition to their expanding list of sponsorships worldwide.<\/p>\n","post_title":"CryptoCom Is The Main Sponsor Of The 2022 World Cup","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"crypto-com-is-the-main-sponsor-of-the-2022-world-cup","to_ping":"","pinged":"\nhttps:\/\/www.thedistributed.co\/crypto-com-arena-deal-sealed\/","post_modified":"2022-06-06 21:35:19","post_modified_gmt":"2022-06-06 11:35:19","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=4040","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};

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\n

\u201cCryptocurrencies are very popular among the supporters of the accumulation strategy, especially among the younger generation. They prefer to save for retirement on their own and diversify their savings through the use of cryptocurrencies.\u201d<\/em><\/p>Into the Cryptoverse Report<\/cite><\/blockquote>\n","post_title":"Crypto Adoption Rates Rising In Germany: Report","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"crypto-adoption-rates-rising-in-germany-report","to_ping":"","pinged":"","post_modified":"2023-04-11 12:50:14","post_modified_gmt":"2023-04-11 02:50:14","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=4132","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":4127,"post_author":"1","post_date":"2022-03-28 11:32:56","post_date_gmt":"2022-03-28 00:32:56","post_content":"\n

Bitcoin has pumped<\/a> to a high of $46,826. This is the coin's highest price since January 1st of this year when it reached $47,686.<\/p>\n\n\n\n

\"\"
Bitcoin Price Data (28th March) - Source: CoinMarketCap<\/a><\/figcaption><\/figure>\n\n\n\n

The breakout of Bitcoin can be linked to the socio-economics currently taking place in the world. With the war against Ukraine, crypto has become an outlet for war-torn victims who cannot safely use their fiat currencies.<\/p>\n\n\n\n

Ukraine has been able to utilize the decentralized nature of cryptocurrencies to gain support<\/a> for their country, compared to sites like GoFundMe where many pages have been blocked for violating their strict policies.<\/p>\n\n\n\n

Despite Bitcoin being down over 30% from all-time highs, the coin has traded relatively stable in 2022 according to its historical price data. The relationship between Bitcoin and the S&P500 has hit a 17 month high<\/a>, dictating the stability it has seen in comparison to other 'stable' investments.<\/p>\n","post_title":"Bitcoin Reaches $46,000 For First Time Since January","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"bitcoin-reaches-46000-for-first-time-since-january","to_ping":"","pinged":"\nhttps:\/\/www.thedistributed.co\/ukraine-dao-launches-1-1-nft-to-raise-funds-to-help-war-torn-ukrainians\/","post_modified":"2023-04-11 12:50:26","post_modified_gmt":"2023-04-11 02:50:26","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=4127","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":4122,"post_author":"1","post_date":"2022-03-27 22:04:13","post_date_gmt":"2022-03-27 11:04:13","post_content":"\n

The US Department of Justice (DOJ) <\/a>has announced<\/a> the arrest of two men over a conspiracy to launder money and commit wire fraud \u201cin connection with a million-dollar scheme to defraud purchasers of NFTs advertised as Frosties<\/a>.\u201d<\/p>\n\n\n\n

Suspects Ethan Nguyen (20) and Andre Llacuna (20) were accused of lying about promises that came with the purchase of their NFT collection and withdrawing money from the collection through multiple transactions. Nguyen and Llacuna were identified after they were linked with the IPs linked with Coinbase accounts that the money was withdrawn to through the NFT collection.<\/p>\n\n\n\n

NFT Scam In The Making<\/h2>\n\n\n\n

The official report released by the DOJ details that a total of 8,888 Frosties were released at a floor price of 0.04 ETH (~US$125 at the time). All 8,888 were sold out within 48 minutes of being released making the criminals a cool 356.56 ETH (~US$1,105,000).<\/p>\n\n\n\n

The report by the DOJ outlines that Nguyen and Llacuna \"abruptly abandoned the Frosties NFT project within hours after selling out of Frosties NFTs, deactivated the Frosties website, and transferred approximately $1.1 million in cryptocurrency proceeds from the scheme to various cryptocurrency wallets under their control in multiple transactions designed to obfuscate the original source of funds.\"<\/p>\n\n\n\n

Prior to their arrests, Nguyen and Llacuna were advertising a second NFT project under the name \"Embers\", which had many similarities to the Frosties NFT project. The DOJ believes that this was another \"fraud scheme\".<\/p>\n\n\n\n

Both of the criminals are facing serious time in relation to the scam. This goes to show although cryptocurrencies are based around anonymity, it doesn't allow for illegal acts to stay hidden either.<\/p>\n","post_title":"Frosties NFT Rugpullers Arrested Over A $1.1 Million Scam","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"frosties-nft-rugpullers-arrested-over-a-1-1-million-scam","to_ping":"","pinged":"","post_modified":"2022-03-27 22:51:07","post_modified_gmt":"2022-03-27 11:51:07","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=4122","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":4116,"post_author":"1","post_date":"2022-03-26 17:39:16","post_date_gmt":"2022-03-26 06:39:16","post_content":"\n

According to reports released on Friday, Indian Finance Minister Nirmala Sitharaman has introduced a capital gains tax of 30% on cryptocurrency transactions.\u00a0<\/p>\n\n\n\n

To add, Indians buying or selling crypto will have to pay a 1% tax deducted at source (TDS), as well as taxes on crypto gifts. The bill states that users are not able to take deductions for any losses. <\/p>\n\n\n\n

The crypto taxes will come into effect on April 1, while the TDS will start on July 1.<\/p>\n\n\n\n

\nhttps:\/\/twitter.com\/WatcherGuru\/status\/1507334988164964355?ref_src=twsrc%5Etfw%7Ctwcamp%5Etweetembed%7Ctwterm%5E1507334988164964355%7Ctwgr%5E%7Ctwcon%5Es1_&ref_url=https%3A%2F%2Fen.ethereumworldnews.com%2Findia-heavy-crypto-tax-law%2F\n<\/div><\/figure>\n\n\n\n

The bill was initially proposed<\/a> in Feburary but was met with heavy backlash<\/a> by Indians, calling for changes to the imposed policy.<\/p>\n\n\n\n

The bill was met with criticism in the government, 20+ members of the lower house of Parliment criticized the lack of definition of the word cryptocurrency in the bill arguing that this would \"finish the industry\". Criticisers were met with a sharp response that \"there is no confusing signal\". <\/p>\n\n\n\n

Sitharaman states the main reason for the tax is because people are profiting from it. Despite this Indians are still not able to take deductions for any losses.<\/p>\n\n\n\n

Many cryptocurrency companies and users are considering filing an appeal to the Indian Supreme Court. <\/p>\n","post_title":"Indian Parliament Passes A 30% Crypto Tax Law","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"indian-parliament-passes-a-30-crypto-tax-law","to_ping":"","pinged":"\nhttps:\/\/www.thedistributed.co\/petition-to-reduce-30-tax-on-crypto-gains-in-india-reaches-a-25000-signatures-milestone%ef%bf%bc\/","post_modified":"2022-03-26 17:42:58","post_modified_gmt":"2022-03-26 06:42:58","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=4116","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":4110,"post_author":"1","post_date":"2022-03-26 12:54:51","post_date_gmt":"2022-03-26 01:54:51","post_content":"\n

Google has filed<\/a> a trademark application for a 'Non-Fungible Planet'. Although it seems that the trademark has less to do with cryptocurrencies and more to do with environmental activism.<\/p>\n\n\n\n

The filing is an 'educational' campaign aimed at \u201cproviding information about environmental protection, conservation, energy efficiency, climate change, reducing carbon footprints, environmental issues and sustainability efforts\".<\/p>\n\n\n\n

The project aims to provide \"educational and entertainment services, namely, providing online non-downloadable videos featuring information in the fields of environmental protection, conservation, energy efficiency, climate change, reducing carbon footprints, environmental issues and sustainability efforts.\"<\/p>\n\n\n\n

Non-Fungible Planet is implicative of Non-Fungible Tokens (NFTs<\/a>) which have taken the crypto industry by storm in the last few years. Although the filing itself makes no mention of NFTs. Non-fungible can be defined as something that cannot be replicated like for like, so in reference to Google's campaign, this could be that we only have one planet and mustn't spoil it.<\/p>\n","post_title":"'Non-Fungible Planet' Is Google's Newest Trademark Filing","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"non-fungible-planet-is-googles-newest-trademark-filing","to_ping":"","pinged":"","post_modified":"2022-03-26 17:43:23","post_modified_gmt":"2022-03-26 06:43:23","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=4110","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":4106,"post_author":"1","post_date":"2022-03-25 21:40:55","post_date_gmt":"2022-03-25 10:40:55","post_content":"\n

Bitcoin ATM operator, Bitcoin of America<\/a> announced<\/a> in a press release that their ATMs support the transaction of Dogecoin ($DOGE).<\/p>\n\n\n\n

\nhttps:\/\/twitter.com\/BTCofAmerica\/status\/1506632012454629390?ref_src=twsrc%5Etfw%7Ctwcamp%5Etweetembed%7Ctwterm%5E1506632012454629390%7Ctwgr%5E%7Ctwcon%5Es1_&ref_url=https%3A%2F%2Fu.today%2Fdogecoin-now-added-to-bitcoin-of-america-atms-details\n<\/div><\/figure>\n\n\n\n

After recognizing the popularity of the meme-coin and the attention it could bring, Bitcoin of America added the currency to their BTMs. Dogecoin ($DOGE<\/a>) is now available for transactions alongside Bitcoin ($BTC<\/a>), Ethereum ($ETH<\/a>), and Litecoin ($LTC<\/a>). To date, Bitcoin of America has 1800 plus BTMs across 31 states.\u00a0<\/p>\n\n\n\n

Bitcoin of America has made several updates to its BTMs with the announcement of its new Universal Kiosk.\u00a0The new universal kiosk combines the capabilities of a traditional ATM with a Bitcoin ATM and offers 3 main functions. The first is the traditional ATM feature where customers can dispense cash from a debit card. The second function is being able to\u00a0buy cryptocurrency\u00a0with cash. The last is that customers can sell crypto in return for cash.<\/p>\n\n\n\n

Dogecoin has rallied in the past few days going from $0.123 to a high of $0.140. The current market cap is sitting at US$18 billion.<\/p>\n\n\n\n

\"\"
Dogecoin 2-Day Price Data - Source: CoinMarketCap<\/figcaption><\/figure>\n","post_title":"Bitcoin ATM Operator Now Supports $DOGE","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"bitcoin-atm-operator-now-supports-doge","to_ping":"","pinged":"","post_modified":"2023-04-11 12:50:37","post_modified_gmt":"2023-04-11 02:50:37","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=4106","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":4087,"post_author":"1","post_date":"2022-03-24 23:37:18","post_date_gmt":"2022-03-24 12:37:18","post_content":"\n

In a\u00a0blog post<\/a>\u00a0by Loopring's head of growth, Adam Browman states that \"the GameStop NFT Marketplace has taken its first steps to welcome users, and it is built atop Loopring!\"<\/p>\n\n\n\n

Browman believes that the project \"has the potential to cement itself at the forefront of this new paradigm and become the destination for global digital economies.\" The blog post states that users can get early access to the project now to set up usernames and profiles, as well as make their first deposits.<\/p>\n\n\n\n

GameStop and NFTs<\/h2>\n\n\n\n

Rumors circulating since November\u00a0suggested that Loopring might be working with GameStop on a metaverse-related project. The Wall Street Journal\u00a0reported<\/a> in January\u00a0that GameStop was planning to build a new team focused on NFTs.<\/p>\n\n\n\n

Soon after that announcement, GameStop mentioned Immuntable X as their primary partner for the project. Despite this fact, Loopring was mentioned<\/a> at the time in an SEC filing<\/a>.<\/p>\n\n\n\n

According to an article from Decrypt<\/a>, there has been a lot of confusion on the topic and who is powering the NFT marketplace. It turns out that both Loopring and Immutable X are powering the NFT plans of GameStop. Although Immutable X tweeted<\/a> in a thread how they are the \"preferred partner\".<\/p>\n\n\n\n

Immutable mentioned the Loopring integration \u201cwas not a surprise (and we welcome them!).\" The marketplace will act as an aggregator across NFT minting platforms. Although, it appears that Immutable X will receive the most focus on the marketplace being the \"preferred partner\".<\/p>\n\n\n\n

\nhttps:\/\/twitter.com\/Immutable\/status\/1506596126677295108\n<\/div><\/figure>\n\n\n\n

Since the announcement, $LRC<\/a>, the native token of Layer 2 blockchain<\/a> Loopring has soared over 35% to a high of $1.21. Although it is now trading steadily at $1.09. Loopring is currently sitting at a market cap of US$1.46 billion, according to data from CoinMarketCap.<\/p>\n\n\n\n

$IMX<\/a>, the token on the Immutable X blockchain is down 8.9% in the past 24 hours, trading at $2.19, according to data from CoinMarketCap.<\/p>\n\n\n\n

The other company in the mix, GameStop also had a huge day seeing a 14.5% gain to $141 in GME<\/a> stocks. Over 24 million GME shares were traded today alone. <\/p>\n","post_title":"GameStop NFT Marketplace Has Entered Beta, Integrated With Loopring","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"gamestop-nft-marketplace-has-entered-beta-integrated-with-loopring","to_ping":"","pinged":"","post_modified":"2022-03-24 23:37:42","post_modified_gmt":"2022-03-24 12:37:42","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=4087","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":4089,"post_author":"1","post_date":"2022-03-24 22:46:11","post_date_gmt":"2022-03-24 11:46:11","post_content":"\n

Floyd \u2019Money\u2019 Mayweather has re-entered the world of cryptocurrency with the announcement of his 2nd NFT project, dubbed Mayweverse. <\/p>\n\n\n\n

The project will consist of 5 different NFTs, each NFT will have 1000 copies available to mint. Every card has its own rarity, utility, and prizes. <\/p>\n\n\n\n

Despite how good it may sounds, Twitter users were quick to criticize. Floyd was reminded<\/a> of his previous NFT project<\/a>, which made him nearly US$5 million and is now worthless. \u201cYou already have an NFT project, it\u2019s called @RealFloydNFT. You released it last year and then stopped working on it immediately after. Have you been punched in the head so much that you\u2019re forgetting these things now?\u201d<\/p>\n\n\n\n

\nhttps:\/\/twitter.com\/Berke_eth\/status\/1506051809542037506\n<\/div><\/figure>\n\n\n\n

Users were quick to call his bluff<\/a>. Floyd states that he has been working on this for months, although the twitter handle @mayweverse<\/a> was created this month. <\/p>\n\n\n\n

Coffezilla, known for calling out rug pulls and scams within the industry tweeted<\/a> his thoughts on the NFT project. He states \"Floyd Mayweather is frantically deleting evidence of his last NFT scam. He's getting roasted by the investors.\" <\/p>\n\n\n\n

Will this NFT collection follow in the footsteps of his previous NFT collection and be abandoned, or will he stick by his word?<\/p>\n","post_title":"Floyd Mayweather Re-enters The World Of Crypto With \u2018Mayweverse\u2019 NFT Project","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"floyd-mayweather-re-enters-the-world-of-crypto-with-mayweverse-nft-project","to_ping":"","pinged":"","post_modified":"2022-03-24 23:37:53","post_modified_gmt":"2022-03-24 12:37:53","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=4089","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":4040,"post_author":"1","post_date":"2022-03-23 22:24:41","post_date_gmt":"2022-03-23 11:24:41","post_content":"\n

Crypto.com has announced<\/a> they are the official sponsor of the 2022 FIFA World Cup hosted in Qatar.<\/p>\n\n\n\n

As per their official announcement, Crypto.com will be the exclusive cryptocurrency trading platform sponsor of the event, benefitting from significant brand exposure both within and outside the stadiums.<\/p>\n\n\n\n

\nhttps:\/\/twitter.com\/cryptocom\/status\/1506424728818679808\n<\/div><\/figure>\n\n\n\n

\u201cCrypto.com has already demonstrated a commitment to supporting top-tier teams and leagues, major events and iconic venues across the world, and there is no platform bigger, or with a greater reach and cultural impact, than FIFA\u2019s global platform of football,\u201d<\/p>Kay Madati, FIFA\u2019s Chief Commercial Officer.<\/cite><\/blockquote>\n\n\n\n

In November of 2021, Crypto.com announced they bought the rights to the Staples Arena,<\/a> in a historic deal inked at US$700 million. Crypto.com has also\u00a0partnered with the Australian Football League<\/a>\u00a0in a $25 million deal, signed a $100-million sponsorship with Formula 1, and confirmed a $175 million sponsorship with the UFC.<\/p>\n\n\n\n

CEO and Co-Founder of Crypto.com Kris Marszalek believes that the sponsorship with the FIFA World Cup will \u201cdrive further awareness of Crypto.com globally.\u201d This is just one more addition to their expanding list of sponsorships worldwide.<\/p>\n","post_title":"CryptoCom Is The Main Sponsor Of The 2022 World Cup","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"crypto-com-is-the-main-sponsor-of-the-2022-world-cup","to_ping":"","pinged":"\nhttps:\/\/www.thedistributed.co\/crypto-com-arena-deal-sealed\/","post_modified":"2022-06-06 21:35:19","post_modified_gmt":"2022-06-06 11:35:19","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=4040","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};

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\n

The official report reads that it is \"easy for individuals to invest in cryptocurrency\" in Germany and crypto gains are tax exempt if they've been held for over a year.<\/p>\n\n\n\n

\u201cCryptocurrencies are very popular among the supporters of the accumulation strategy, especially among the younger generation. They prefer to save for retirement on their own and diversify their savings through the use of cryptocurrencies.\u201d<\/em><\/p>Into the Cryptoverse Report<\/cite><\/blockquote>\n","post_title":"Crypto Adoption Rates Rising In Germany: Report","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"crypto-adoption-rates-rising-in-germany-report","to_ping":"","pinged":"","post_modified":"2023-04-11 12:50:14","post_modified_gmt":"2023-04-11 02:50:14","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=4132","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":4127,"post_author":"1","post_date":"2022-03-28 11:32:56","post_date_gmt":"2022-03-28 00:32:56","post_content":"\n

Bitcoin has pumped<\/a> to a high of $46,826. This is the coin's highest price since January 1st of this year when it reached $47,686.<\/p>\n\n\n\n

\"\"
Bitcoin Price Data (28th March) - Source: CoinMarketCap<\/a><\/figcaption><\/figure>\n\n\n\n

The breakout of Bitcoin can be linked to the socio-economics currently taking place in the world. With the war against Ukraine, crypto has become an outlet for war-torn victims who cannot safely use their fiat currencies.<\/p>\n\n\n\n

Ukraine has been able to utilize the decentralized nature of cryptocurrencies to gain support<\/a> for their country, compared to sites like GoFundMe where many pages have been blocked for violating their strict policies.<\/p>\n\n\n\n

Despite Bitcoin being down over 30% from all-time highs, the coin has traded relatively stable in 2022 according to its historical price data. The relationship between Bitcoin and the S&P500 has hit a 17 month high<\/a>, dictating the stability it has seen in comparison to other 'stable' investments.<\/p>\n","post_title":"Bitcoin Reaches $46,000 For First Time Since January","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"bitcoin-reaches-46000-for-first-time-since-january","to_ping":"","pinged":"\nhttps:\/\/www.thedistributed.co\/ukraine-dao-launches-1-1-nft-to-raise-funds-to-help-war-torn-ukrainians\/","post_modified":"2023-04-11 12:50:26","post_modified_gmt":"2023-04-11 02:50:26","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=4127","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":4122,"post_author":"1","post_date":"2022-03-27 22:04:13","post_date_gmt":"2022-03-27 11:04:13","post_content":"\n

The US Department of Justice (DOJ) <\/a>has announced<\/a> the arrest of two men over a conspiracy to launder money and commit wire fraud \u201cin connection with a million-dollar scheme to defraud purchasers of NFTs advertised as Frosties<\/a>.\u201d<\/p>\n\n\n\n

Suspects Ethan Nguyen (20) and Andre Llacuna (20) were accused of lying about promises that came with the purchase of their NFT collection and withdrawing money from the collection through multiple transactions. Nguyen and Llacuna were identified after they were linked with the IPs linked with Coinbase accounts that the money was withdrawn to through the NFT collection.<\/p>\n\n\n\n

NFT Scam In The Making<\/h2>\n\n\n\n

The official report released by the DOJ details that a total of 8,888 Frosties were released at a floor price of 0.04 ETH (~US$125 at the time). All 8,888 were sold out within 48 minutes of being released making the criminals a cool 356.56 ETH (~US$1,105,000).<\/p>\n\n\n\n

The report by the DOJ outlines that Nguyen and Llacuna \"abruptly abandoned the Frosties NFT project within hours after selling out of Frosties NFTs, deactivated the Frosties website, and transferred approximately $1.1 million in cryptocurrency proceeds from the scheme to various cryptocurrency wallets under their control in multiple transactions designed to obfuscate the original source of funds.\"<\/p>\n\n\n\n

Prior to their arrests, Nguyen and Llacuna were advertising a second NFT project under the name \"Embers\", which had many similarities to the Frosties NFT project. The DOJ believes that this was another \"fraud scheme\".<\/p>\n\n\n\n

Both of the criminals are facing serious time in relation to the scam. This goes to show although cryptocurrencies are based around anonymity, it doesn't allow for illegal acts to stay hidden either.<\/p>\n","post_title":"Frosties NFT Rugpullers Arrested Over A $1.1 Million Scam","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"frosties-nft-rugpullers-arrested-over-a-1-1-million-scam","to_ping":"","pinged":"","post_modified":"2022-03-27 22:51:07","post_modified_gmt":"2022-03-27 11:51:07","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=4122","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":4116,"post_author":"1","post_date":"2022-03-26 17:39:16","post_date_gmt":"2022-03-26 06:39:16","post_content":"\n

According to reports released on Friday, Indian Finance Minister Nirmala Sitharaman has introduced a capital gains tax of 30% on cryptocurrency transactions.\u00a0<\/p>\n\n\n\n

To add, Indians buying or selling crypto will have to pay a 1% tax deducted at source (TDS), as well as taxes on crypto gifts. The bill states that users are not able to take deductions for any losses. <\/p>\n\n\n\n

The crypto taxes will come into effect on April 1, while the TDS will start on July 1.<\/p>\n\n\n\n

\nhttps:\/\/twitter.com\/WatcherGuru\/status\/1507334988164964355?ref_src=twsrc%5Etfw%7Ctwcamp%5Etweetembed%7Ctwterm%5E1507334988164964355%7Ctwgr%5E%7Ctwcon%5Es1_&ref_url=https%3A%2F%2Fen.ethereumworldnews.com%2Findia-heavy-crypto-tax-law%2F\n<\/div><\/figure>\n\n\n\n

The bill was initially proposed<\/a> in Feburary but was met with heavy backlash<\/a> by Indians, calling for changes to the imposed policy.<\/p>\n\n\n\n

The bill was met with criticism in the government, 20+ members of the lower house of Parliment criticized the lack of definition of the word cryptocurrency in the bill arguing that this would \"finish the industry\". Criticisers were met with a sharp response that \"there is no confusing signal\". <\/p>\n\n\n\n

Sitharaman states the main reason for the tax is because people are profiting from it. Despite this Indians are still not able to take deductions for any losses.<\/p>\n\n\n\n

Many cryptocurrency companies and users are considering filing an appeal to the Indian Supreme Court. <\/p>\n","post_title":"Indian Parliament Passes A 30% Crypto Tax Law","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"indian-parliament-passes-a-30-crypto-tax-law","to_ping":"","pinged":"\nhttps:\/\/www.thedistributed.co\/petition-to-reduce-30-tax-on-crypto-gains-in-india-reaches-a-25000-signatures-milestone%ef%bf%bc\/","post_modified":"2022-03-26 17:42:58","post_modified_gmt":"2022-03-26 06:42:58","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=4116","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":4110,"post_author":"1","post_date":"2022-03-26 12:54:51","post_date_gmt":"2022-03-26 01:54:51","post_content":"\n

Google has filed<\/a> a trademark application for a 'Non-Fungible Planet'. Although it seems that the trademark has less to do with cryptocurrencies and more to do with environmental activism.<\/p>\n\n\n\n

The filing is an 'educational' campaign aimed at \u201cproviding information about environmental protection, conservation, energy efficiency, climate change, reducing carbon footprints, environmental issues and sustainability efforts\".<\/p>\n\n\n\n

The project aims to provide \"educational and entertainment services, namely, providing online non-downloadable videos featuring information in the fields of environmental protection, conservation, energy efficiency, climate change, reducing carbon footprints, environmental issues and sustainability efforts.\"<\/p>\n\n\n\n

Non-Fungible Planet is implicative of Non-Fungible Tokens (NFTs<\/a>) which have taken the crypto industry by storm in the last few years. Although the filing itself makes no mention of NFTs. Non-fungible can be defined as something that cannot be replicated like for like, so in reference to Google's campaign, this could be that we only have one planet and mustn't spoil it.<\/p>\n","post_title":"'Non-Fungible Planet' Is Google's Newest Trademark Filing","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"non-fungible-planet-is-googles-newest-trademark-filing","to_ping":"","pinged":"","post_modified":"2022-03-26 17:43:23","post_modified_gmt":"2022-03-26 06:43:23","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=4110","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":4106,"post_author":"1","post_date":"2022-03-25 21:40:55","post_date_gmt":"2022-03-25 10:40:55","post_content":"\n

Bitcoin ATM operator, Bitcoin of America<\/a> announced<\/a> in a press release that their ATMs support the transaction of Dogecoin ($DOGE).<\/p>\n\n\n\n

\nhttps:\/\/twitter.com\/BTCofAmerica\/status\/1506632012454629390?ref_src=twsrc%5Etfw%7Ctwcamp%5Etweetembed%7Ctwterm%5E1506632012454629390%7Ctwgr%5E%7Ctwcon%5Es1_&ref_url=https%3A%2F%2Fu.today%2Fdogecoin-now-added-to-bitcoin-of-america-atms-details\n<\/div><\/figure>\n\n\n\n

After recognizing the popularity of the meme-coin and the attention it could bring, Bitcoin of America added the currency to their BTMs. Dogecoin ($DOGE<\/a>) is now available for transactions alongside Bitcoin ($BTC<\/a>), Ethereum ($ETH<\/a>), and Litecoin ($LTC<\/a>). To date, Bitcoin of America has 1800 plus BTMs across 31 states.\u00a0<\/p>\n\n\n\n

Bitcoin of America has made several updates to its BTMs with the announcement of its new Universal Kiosk.\u00a0The new universal kiosk combines the capabilities of a traditional ATM with a Bitcoin ATM and offers 3 main functions. The first is the traditional ATM feature where customers can dispense cash from a debit card. The second function is being able to\u00a0buy cryptocurrency\u00a0with cash. The last is that customers can sell crypto in return for cash.<\/p>\n\n\n\n

Dogecoin has rallied in the past few days going from $0.123 to a high of $0.140. The current market cap is sitting at US$18 billion.<\/p>\n\n\n\n

\"\"
Dogecoin 2-Day Price Data - Source: CoinMarketCap<\/figcaption><\/figure>\n","post_title":"Bitcoin ATM Operator Now Supports $DOGE","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"bitcoin-atm-operator-now-supports-doge","to_ping":"","pinged":"","post_modified":"2023-04-11 12:50:37","post_modified_gmt":"2023-04-11 02:50:37","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=4106","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":4087,"post_author":"1","post_date":"2022-03-24 23:37:18","post_date_gmt":"2022-03-24 12:37:18","post_content":"\n

In a\u00a0blog post<\/a>\u00a0by Loopring's head of growth, Adam Browman states that \"the GameStop NFT Marketplace has taken its first steps to welcome users, and it is built atop Loopring!\"<\/p>\n\n\n\n

Browman believes that the project \"has the potential to cement itself at the forefront of this new paradigm and become the destination for global digital economies.\" The blog post states that users can get early access to the project now to set up usernames and profiles, as well as make their first deposits.<\/p>\n\n\n\n

GameStop and NFTs<\/h2>\n\n\n\n

Rumors circulating since November\u00a0suggested that Loopring might be working with GameStop on a metaverse-related project. The Wall Street Journal\u00a0reported<\/a> in January\u00a0that GameStop was planning to build a new team focused on NFTs.<\/p>\n\n\n\n

Soon after that announcement, GameStop mentioned Immuntable X as their primary partner for the project. Despite this fact, Loopring was mentioned<\/a> at the time in an SEC filing<\/a>.<\/p>\n\n\n\n

According to an article from Decrypt<\/a>, there has been a lot of confusion on the topic and who is powering the NFT marketplace. It turns out that both Loopring and Immutable X are powering the NFT plans of GameStop. Although Immutable X tweeted<\/a> in a thread how they are the \"preferred partner\".<\/p>\n\n\n\n

Immutable mentioned the Loopring integration \u201cwas not a surprise (and we welcome them!).\" The marketplace will act as an aggregator across NFT minting platforms. Although, it appears that Immutable X will receive the most focus on the marketplace being the \"preferred partner\".<\/p>\n\n\n\n

\nhttps:\/\/twitter.com\/Immutable\/status\/1506596126677295108\n<\/div><\/figure>\n\n\n\n

Since the announcement, $LRC<\/a>, the native token of Layer 2 blockchain<\/a> Loopring has soared over 35% to a high of $1.21. Although it is now trading steadily at $1.09. Loopring is currently sitting at a market cap of US$1.46 billion, according to data from CoinMarketCap.<\/p>\n\n\n\n

$IMX<\/a>, the token on the Immutable X blockchain is down 8.9% in the past 24 hours, trading at $2.19, according to data from CoinMarketCap.<\/p>\n\n\n\n

The other company in the mix, GameStop also had a huge day seeing a 14.5% gain to $141 in GME<\/a> stocks. Over 24 million GME shares were traded today alone. <\/p>\n","post_title":"GameStop NFT Marketplace Has Entered Beta, Integrated With Loopring","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"gamestop-nft-marketplace-has-entered-beta-integrated-with-loopring","to_ping":"","pinged":"","post_modified":"2022-03-24 23:37:42","post_modified_gmt":"2022-03-24 12:37:42","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=4087","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":4089,"post_author":"1","post_date":"2022-03-24 22:46:11","post_date_gmt":"2022-03-24 11:46:11","post_content":"\n

Floyd \u2019Money\u2019 Mayweather has re-entered the world of cryptocurrency with the announcement of his 2nd NFT project, dubbed Mayweverse. <\/p>\n\n\n\n

The project will consist of 5 different NFTs, each NFT will have 1000 copies available to mint. Every card has its own rarity, utility, and prizes. <\/p>\n\n\n\n

Despite how good it may sounds, Twitter users were quick to criticize. Floyd was reminded<\/a> of his previous NFT project<\/a>, which made him nearly US$5 million and is now worthless. \u201cYou already have an NFT project, it\u2019s called @RealFloydNFT. You released it last year and then stopped working on it immediately after. Have you been punched in the head so much that you\u2019re forgetting these things now?\u201d<\/p>\n\n\n\n

\nhttps:\/\/twitter.com\/Berke_eth\/status\/1506051809542037506\n<\/div><\/figure>\n\n\n\n

Users were quick to call his bluff<\/a>. Floyd states that he has been working on this for months, although the twitter handle @mayweverse<\/a> was created this month. <\/p>\n\n\n\n

Coffezilla, known for calling out rug pulls and scams within the industry tweeted<\/a> his thoughts on the NFT project. He states \"Floyd Mayweather is frantically deleting evidence of his last NFT scam. He's getting roasted by the investors.\" <\/p>\n\n\n\n

Will this NFT collection follow in the footsteps of his previous NFT collection and be abandoned, or will he stick by his word?<\/p>\n","post_title":"Floyd Mayweather Re-enters The World Of Crypto With \u2018Mayweverse\u2019 NFT Project","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"floyd-mayweather-re-enters-the-world-of-crypto-with-mayweverse-nft-project","to_ping":"","pinged":"","post_modified":"2022-03-24 23:37:53","post_modified_gmt":"2022-03-24 12:37:53","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=4089","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":4040,"post_author":"1","post_date":"2022-03-23 22:24:41","post_date_gmt":"2022-03-23 11:24:41","post_content":"\n

Crypto.com has announced<\/a> they are the official sponsor of the 2022 FIFA World Cup hosted in Qatar.<\/p>\n\n\n\n

As per their official announcement, Crypto.com will be the exclusive cryptocurrency trading platform sponsor of the event, benefitting from significant brand exposure both within and outside the stadiums.<\/p>\n\n\n\n

\nhttps:\/\/twitter.com\/cryptocom\/status\/1506424728818679808\n<\/div><\/figure>\n\n\n\n

\u201cCrypto.com has already demonstrated a commitment to supporting top-tier teams and leagues, major events and iconic venues across the world, and there is no platform bigger, or with a greater reach and cultural impact, than FIFA\u2019s global platform of football,\u201d<\/p>Kay Madati, FIFA\u2019s Chief Commercial Officer.<\/cite><\/blockquote>\n\n\n\n

In November of 2021, Crypto.com announced they bought the rights to the Staples Arena,<\/a> in a historic deal inked at US$700 million. Crypto.com has also\u00a0partnered with the Australian Football League<\/a>\u00a0in a $25 million deal, signed a $100-million sponsorship with Formula 1, and confirmed a $175 million sponsorship with the UFC.<\/p>\n\n\n\n

CEO and Co-Founder of Crypto.com Kris Marszalek believes that the sponsorship with the FIFA World Cup will \u201cdrive further awareness of Crypto.com globally.\u201d This is just one more addition to their expanding list of sponsorships worldwide.<\/p>\n","post_title":"CryptoCom Is The Main Sponsor Of The 2022 World Cup","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"crypto-com-is-the-main-sponsor-of-the-2022-world-cup","to_ping":"","pinged":"\nhttps:\/\/www.thedistributed.co\/crypto-com-arena-deal-sealed\/","post_modified":"2022-06-06 21:35:19","post_modified_gmt":"2022-06-06 11:35:19","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=4040","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};

1 76 77 78 79 80 85

Most Read

Subscribe To Our Newsletter

By subscribing, you agree with our privacy and terms.

Follow The Distributed

ADVERTISEMENT
\n

The German government were the first one to recognize Bitcoins as a \u201cunit of value and could be classified as a financial instrument,\u201d although they have had only \u201csome success in regulating crypto,\u201d states Lyu.  <\/p>\n\n\n\n

The official report reads that it is \"easy for individuals to invest in cryptocurrency\" in Germany and crypto gains are tax exempt if they've been held for over a year.<\/p>\n\n\n\n

\u201cCryptocurrencies are very popular among the supporters of the accumulation strategy, especially among the younger generation. They prefer to save for retirement on their own and diversify their savings through the use of cryptocurrencies.\u201d<\/em><\/p>Into the Cryptoverse Report<\/cite><\/blockquote>\n","post_title":"Crypto Adoption Rates Rising In Germany: Report","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"crypto-adoption-rates-rising-in-germany-report","to_ping":"","pinged":"","post_modified":"2023-04-11 12:50:14","post_modified_gmt":"2023-04-11 02:50:14","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=4132","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":4127,"post_author":"1","post_date":"2022-03-28 11:32:56","post_date_gmt":"2022-03-28 00:32:56","post_content":"\n

Bitcoin has pumped<\/a> to a high of $46,826. This is the coin's highest price since January 1st of this year when it reached $47,686.<\/p>\n\n\n\n

\"\"
Bitcoin Price Data (28th March) - Source: CoinMarketCap<\/a><\/figcaption><\/figure>\n\n\n\n

The breakout of Bitcoin can be linked to the socio-economics currently taking place in the world. With the war against Ukraine, crypto has become an outlet for war-torn victims who cannot safely use their fiat currencies.<\/p>\n\n\n\n

Ukraine has been able to utilize the decentralized nature of cryptocurrencies to gain support<\/a> for their country, compared to sites like GoFundMe where many pages have been blocked for violating their strict policies.<\/p>\n\n\n\n

Despite Bitcoin being down over 30% from all-time highs, the coin has traded relatively stable in 2022 according to its historical price data. The relationship between Bitcoin and the S&P500 has hit a 17 month high<\/a>, dictating the stability it has seen in comparison to other 'stable' investments.<\/p>\n","post_title":"Bitcoin Reaches $46,000 For First Time Since January","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"bitcoin-reaches-46000-for-first-time-since-january","to_ping":"","pinged":"\nhttps:\/\/www.thedistributed.co\/ukraine-dao-launches-1-1-nft-to-raise-funds-to-help-war-torn-ukrainians\/","post_modified":"2023-04-11 12:50:26","post_modified_gmt":"2023-04-11 02:50:26","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=4127","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":4122,"post_author":"1","post_date":"2022-03-27 22:04:13","post_date_gmt":"2022-03-27 11:04:13","post_content":"\n

The US Department of Justice (DOJ) <\/a>has announced<\/a> the arrest of two men over a conspiracy to launder money and commit wire fraud \u201cin connection with a million-dollar scheme to defraud purchasers of NFTs advertised as Frosties<\/a>.\u201d<\/p>\n\n\n\n

Suspects Ethan Nguyen (20) and Andre Llacuna (20) were accused of lying about promises that came with the purchase of their NFT collection and withdrawing money from the collection through multiple transactions. Nguyen and Llacuna were identified after they were linked with the IPs linked with Coinbase accounts that the money was withdrawn to through the NFT collection.<\/p>\n\n\n\n

NFT Scam In The Making<\/h2>\n\n\n\n

The official report released by the DOJ details that a total of 8,888 Frosties were released at a floor price of 0.04 ETH (~US$125 at the time). All 8,888 were sold out within 48 minutes of being released making the criminals a cool 356.56 ETH (~US$1,105,000).<\/p>\n\n\n\n

The report by the DOJ outlines that Nguyen and Llacuna \"abruptly abandoned the Frosties NFT project within hours after selling out of Frosties NFTs, deactivated the Frosties website, and transferred approximately $1.1 million in cryptocurrency proceeds from the scheme to various cryptocurrency wallets under their control in multiple transactions designed to obfuscate the original source of funds.\"<\/p>\n\n\n\n

Prior to their arrests, Nguyen and Llacuna were advertising a second NFT project under the name \"Embers\", which had many similarities to the Frosties NFT project. The DOJ believes that this was another \"fraud scheme\".<\/p>\n\n\n\n

Both of the criminals are facing serious time in relation to the scam. This goes to show although cryptocurrencies are based around anonymity, it doesn't allow for illegal acts to stay hidden either.<\/p>\n","post_title":"Frosties NFT Rugpullers Arrested Over A $1.1 Million Scam","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"frosties-nft-rugpullers-arrested-over-a-1-1-million-scam","to_ping":"","pinged":"","post_modified":"2022-03-27 22:51:07","post_modified_gmt":"2022-03-27 11:51:07","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=4122","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":4116,"post_author":"1","post_date":"2022-03-26 17:39:16","post_date_gmt":"2022-03-26 06:39:16","post_content":"\n

According to reports released on Friday, Indian Finance Minister Nirmala Sitharaman has introduced a capital gains tax of 30% on cryptocurrency transactions.\u00a0<\/p>\n\n\n\n

To add, Indians buying or selling crypto will have to pay a 1% tax deducted at source (TDS), as well as taxes on crypto gifts. The bill states that users are not able to take deductions for any losses. <\/p>\n\n\n\n

The crypto taxes will come into effect on April 1, while the TDS will start on July 1.<\/p>\n\n\n\n

\nhttps:\/\/twitter.com\/WatcherGuru\/status\/1507334988164964355?ref_src=twsrc%5Etfw%7Ctwcamp%5Etweetembed%7Ctwterm%5E1507334988164964355%7Ctwgr%5E%7Ctwcon%5Es1_&ref_url=https%3A%2F%2Fen.ethereumworldnews.com%2Findia-heavy-crypto-tax-law%2F\n<\/div><\/figure>\n\n\n\n

The bill was initially proposed<\/a> in Feburary but was met with heavy backlash<\/a> by Indians, calling for changes to the imposed policy.<\/p>\n\n\n\n

The bill was met with criticism in the government, 20+ members of the lower house of Parliment criticized the lack of definition of the word cryptocurrency in the bill arguing that this would \"finish the industry\". Criticisers were met with a sharp response that \"there is no confusing signal\". <\/p>\n\n\n\n

Sitharaman states the main reason for the tax is because people are profiting from it. Despite this Indians are still not able to take deductions for any losses.<\/p>\n\n\n\n

Many cryptocurrency companies and users are considering filing an appeal to the Indian Supreme Court. <\/p>\n","post_title":"Indian Parliament Passes A 30% Crypto Tax Law","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"indian-parliament-passes-a-30-crypto-tax-law","to_ping":"","pinged":"\nhttps:\/\/www.thedistributed.co\/petition-to-reduce-30-tax-on-crypto-gains-in-india-reaches-a-25000-signatures-milestone%ef%bf%bc\/","post_modified":"2022-03-26 17:42:58","post_modified_gmt":"2022-03-26 06:42:58","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=4116","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":4110,"post_author":"1","post_date":"2022-03-26 12:54:51","post_date_gmt":"2022-03-26 01:54:51","post_content":"\n

Google has filed<\/a> a trademark application for a 'Non-Fungible Planet'. Although it seems that the trademark has less to do with cryptocurrencies and more to do with environmental activism.<\/p>\n\n\n\n

The filing is an 'educational' campaign aimed at \u201cproviding information about environmental protection, conservation, energy efficiency, climate change, reducing carbon footprints, environmental issues and sustainability efforts\".<\/p>\n\n\n\n

The project aims to provide \"educational and entertainment services, namely, providing online non-downloadable videos featuring information in the fields of environmental protection, conservation, energy efficiency, climate change, reducing carbon footprints, environmental issues and sustainability efforts.\"<\/p>\n\n\n\n

Non-Fungible Planet is implicative of Non-Fungible Tokens (NFTs<\/a>) which have taken the crypto industry by storm in the last few years. Although the filing itself makes no mention of NFTs. Non-fungible can be defined as something that cannot be replicated like for like, so in reference to Google's campaign, this could be that we only have one planet and mustn't spoil it.<\/p>\n","post_title":"'Non-Fungible Planet' Is Google's Newest Trademark Filing","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"non-fungible-planet-is-googles-newest-trademark-filing","to_ping":"","pinged":"","post_modified":"2022-03-26 17:43:23","post_modified_gmt":"2022-03-26 06:43:23","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=4110","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":4106,"post_author":"1","post_date":"2022-03-25 21:40:55","post_date_gmt":"2022-03-25 10:40:55","post_content":"\n

Bitcoin ATM operator, Bitcoin of America<\/a> announced<\/a> in a press release that their ATMs support the transaction of Dogecoin ($DOGE).<\/p>\n\n\n\n

\nhttps:\/\/twitter.com\/BTCofAmerica\/status\/1506632012454629390?ref_src=twsrc%5Etfw%7Ctwcamp%5Etweetembed%7Ctwterm%5E1506632012454629390%7Ctwgr%5E%7Ctwcon%5Es1_&ref_url=https%3A%2F%2Fu.today%2Fdogecoin-now-added-to-bitcoin-of-america-atms-details\n<\/div><\/figure>\n\n\n\n

After recognizing the popularity of the meme-coin and the attention it could bring, Bitcoin of America added the currency to their BTMs. Dogecoin ($DOGE<\/a>) is now available for transactions alongside Bitcoin ($BTC<\/a>), Ethereum ($ETH<\/a>), and Litecoin ($LTC<\/a>). To date, Bitcoin of America has 1800 plus BTMs across 31 states.\u00a0<\/p>\n\n\n\n

Bitcoin of America has made several updates to its BTMs with the announcement of its new Universal Kiosk.\u00a0The new universal kiosk combines the capabilities of a traditional ATM with a Bitcoin ATM and offers 3 main functions. The first is the traditional ATM feature where customers can dispense cash from a debit card. The second function is being able to\u00a0buy cryptocurrency\u00a0with cash. The last is that customers can sell crypto in return for cash.<\/p>\n\n\n\n

Dogecoin has rallied in the past few days going from $0.123 to a high of $0.140. The current market cap is sitting at US$18 billion.<\/p>\n\n\n\n

\"\"
Dogecoin 2-Day Price Data - Source: CoinMarketCap<\/figcaption><\/figure>\n","post_title":"Bitcoin ATM Operator Now Supports $DOGE","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"bitcoin-atm-operator-now-supports-doge","to_ping":"","pinged":"","post_modified":"2023-04-11 12:50:37","post_modified_gmt":"2023-04-11 02:50:37","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=4106","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":4087,"post_author":"1","post_date":"2022-03-24 23:37:18","post_date_gmt":"2022-03-24 12:37:18","post_content":"\n

In a\u00a0blog post<\/a>\u00a0by Loopring's head of growth, Adam Browman states that \"the GameStop NFT Marketplace has taken its first steps to welcome users, and it is built atop Loopring!\"<\/p>\n\n\n\n

Browman believes that the project \"has the potential to cement itself at the forefront of this new paradigm and become the destination for global digital economies.\" The blog post states that users can get early access to the project now to set up usernames and profiles, as well as make their first deposits.<\/p>\n\n\n\n

GameStop and NFTs<\/h2>\n\n\n\n

Rumors circulating since November\u00a0suggested that Loopring might be working with GameStop on a metaverse-related project. The Wall Street Journal\u00a0reported<\/a> in January\u00a0that GameStop was planning to build a new team focused on NFTs.<\/p>\n\n\n\n

Soon after that announcement, GameStop mentioned Immuntable X as their primary partner for the project. Despite this fact, Loopring was mentioned<\/a> at the time in an SEC filing<\/a>.<\/p>\n\n\n\n

According to an article from Decrypt<\/a>, there has been a lot of confusion on the topic and who is powering the NFT marketplace. It turns out that both Loopring and Immutable X are powering the NFT plans of GameStop. Although Immutable X tweeted<\/a> in a thread how they are the \"preferred partner\".<\/p>\n\n\n\n

Immutable mentioned the Loopring integration \u201cwas not a surprise (and we welcome them!).\" The marketplace will act as an aggregator across NFT minting platforms. Although, it appears that Immutable X will receive the most focus on the marketplace being the \"preferred partner\".<\/p>\n\n\n\n

\nhttps:\/\/twitter.com\/Immutable\/status\/1506596126677295108\n<\/div><\/figure>\n\n\n\n

Since the announcement, $LRC<\/a>, the native token of Layer 2 blockchain<\/a> Loopring has soared over 35% to a high of $1.21. Although it is now trading steadily at $1.09. Loopring is currently sitting at a market cap of US$1.46 billion, according to data from CoinMarketCap.<\/p>\n\n\n\n

$IMX<\/a>, the token on the Immutable X blockchain is down 8.9% in the past 24 hours, trading at $2.19, according to data from CoinMarketCap.<\/p>\n\n\n\n

The other company in the mix, GameStop also had a huge day seeing a 14.5% gain to $141 in GME<\/a> stocks. Over 24 million GME shares were traded today alone. <\/p>\n","post_title":"GameStop NFT Marketplace Has Entered Beta, Integrated With Loopring","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"gamestop-nft-marketplace-has-entered-beta-integrated-with-loopring","to_ping":"","pinged":"","post_modified":"2022-03-24 23:37:42","post_modified_gmt":"2022-03-24 12:37:42","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=4087","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":4089,"post_author":"1","post_date":"2022-03-24 22:46:11","post_date_gmt":"2022-03-24 11:46:11","post_content":"\n

Floyd \u2019Money\u2019 Mayweather has re-entered the world of cryptocurrency with the announcement of his 2nd NFT project, dubbed Mayweverse. <\/p>\n\n\n\n

The project will consist of 5 different NFTs, each NFT will have 1000 copies available to mint. Every card has its own rarity, utility, and prizes. <\/p>\n\n\n\n

Despite how good it may sounds, Twitter users were quick to criticize. Floyd was reminded<\/a> of his previous NFT project<\/a>, which made him nearly US$5 million and is now worthless. \u201cYou already have an NFT project, it\u2019s called @RealFloydNFT. You released it last year and then stopped working on it immediately after. Have you been punched in the head so much that you\u2019re forgetting these things now?\u201d<\/p>\n\n\n\n

\nhttps:\/\/twitter.com\/Berke_eth\/status\/1506051809542037506\n<\/div><\/figure>\n\n\n\n

Users were quick to call his bluff<\/a>. Floyd states that he has been working on this for months, although the twitter handle @mayweverse<\/a> was created this month. <\/p>\n\n\n\n

Coffezilla, known for calling out rug pulls and scams within the industry tweeted<\/a> his thoughts on the NFT project. He states \"Floyd Mayweather is frantically deleting evidence of his last NFT scam. He's getting roasted by the investors.\" <\/p>\n\n\n\n

Will this NFT collection follow in the footsteps of his previous NFT collection and be abandoned, or will he stick by his word?<\/p>\n","post_title":"Floyd Mayweather Re-enters The World Of Crypto With \u2018Mayweverse\u2019 NFT Project","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"floyd-mayweather-re-enters-the-world-of-crypto-with-mayweverse-nft-project","to_ping":"","pinged":"","post_modified":"2022-03-24 23:37:53","post_modified_gmt":"2022-03-24 12:37:53","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=4089","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":4040,"post_author":"1","post_date":"2022-03-23 22:24:41","post_date_gmt":"2022-03-23 11:24:41","post_content":"\n

Crypto.com has announced<\/a> they are the official sponsor of the 2022 FIFA World Cup hosted in Qatar.<\/p>\n\n\n\n

As per their official announcement, Crypto.com will be the exclusive cryptocurrency trading platform sponsor of the event, benefitting from significant brand exposure both within and outside the stadiums.<\/p>\n\n\n\n

\nhttps:\/\/twitter.com\/cryptocom\/status\/1506424728818679808\n<\/div><\/figure>\n\n\n\n

\u201cCrypto.com has already demonstrated a commitment to supporting top-tier teams and leagues, major events and iconic venues across the world, and there is no platform bigger, or with a greater reach and cultural impact, than FIFA\u2019s global platform of football,\u201d<\/p>Kay Madati, FIFA\u2019s Chief Commercial Officer.<\/cite><\/blockquote>\n\n\n\n

In November of 2021, Crypto.com announced they bought the rights to the Staples Arena,<\/a> in a historic deal inked at US$700 million. Crypto.com has also\u00a0partnered with the Australian Football League<\/a>\u00a0in a $25 million deal, signed a $100-million sponsorship with Formula 1, and confirmed a $175 million sponsorship with the UFC.<\/p>\n\n\n\n

CEO and Co-Founder of Crypto.com Kris Marszalek believes that the sponsorship with the FIFA World Cup will \u201cdrive further awareness of Crypto.com globally.\u201d This is just one more addition to their expanding list of sponsorships worldwide.<\/p>\n","post_title":"CryptoCom Is The Main Sponsor Of The 2022 World Cup","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"crypto-com-is-the-main-sponsor-of-the-2022-world-cup","to_ping":"","pinged":"\nhttps:\/\/www.thedistributed.co\/crypto-com-arena-deal-sealed\/","post_modified":"2022-06-06 21:35:19","post_modified_gmt":"2022-06-06 11:35:19","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=4040","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};

1 76 77 78 79 80 85

Most Read

Subscribe To Our Newsletter

By subscribing, you agree with our privacy and terms.

Follow The Distributed

ADVERTISEMENT
\n

CEO of KuCoin Johnny Lyu belives the report clearly highlights the growing demand for cryptocurrencies within Germany. <\/p>\n\n\n\n

The German government were the first one to recognize Bitcoins as a \u201cunit of value and could be classified as a financial instrument,\u201d although they have had only \u201csome success in regulating crypto,\u201d states Lyu.  <\/p>\n\n\n\n

The official report reads that it is \"easy for individuals to invest in cryptocurrency\" in Germany and crypto gains are tax exempt if they've been held for over a year.<\/p>\n\n\n\n

\u201cCryptocurrencies are very popular among the supporters of the accumulation strategy, especially among the younger generation. They prefer to save for retirement on their own and diversify their savings through the use of cryptocurrencies.\u201d<\/em><\/p>Into the Cryptoverse Report<\/cite><\/blockquote>\n","post_title":"Crypto Adoption Rates Rising In Germany: Report","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"crypto-adoption-rates-rising-in-germany-report","to_ping":"","pinged":"","post_modified":"2023-04-11 12:50:14","post_modified_gmt":"2023-04-11 02:50:14","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=4132","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":4127,"post_author":"1","post_date":"2022-03-28 11:32:56","post_date_gmt":"2022-03-28 00:32:56","post_content":"\n

Bitcoin has pumped<\/a> to a high of $46,826. This is the coin's highest price since January 1st of this year when it reached $47,686.<\/p>\n\n\n\n

\"\"
Bitcoin Price Data (28th March) - Source: CoinMarketCap<\/a><\/figcaption><\/figure>\n\n\n\n

The breakout of Bitcoin can be linked to the socio-economics currently taking place in the world. With the war against Ukraine, crypto has become an outlet for war-torn victims who cannot safely use their fiat currencies.<\/p>\n\n\n\n

Ukraine has been able to utilize the decentralized nature of cryptocurrencies to gain support<\/a> for their country, compared to sites like GoFundMe where many pages have been blocked for violating their strict policies.<\/p>\n\n\n\n

Despite Bitcoin being down over 30% from all-time highs, the coin has traded relatively stable in 2022 according to its historical price data. The relationship between Bitcoin and the S&P500 has hit a 17 month high<\/a>, dictating the stability it has seen in comparison to other 'stable' investments.<\/p>\n","post_title":"Bitcoin Reaches $46,000 For First Time Since January","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"bitcoin-reaches-46000-for-first-time-since-january","to_ping":"","pinged":"\nhttps:\/\/www.thedistributed.co\/ukraine-dao-launches-1-1-nft-to-raise-funds-to-help-war-torn-ukrainians\/","post_modified":"2023-04-11 12:50:26","post_modified_gmt":"2023-04-11 02:50:26","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=4127","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":4122,"post_author":"1","post_date":"2022-03-27 22:04:13","post_date_gmt":"2022-03-27 11:04:13","post_content":"\n

The US Department of Justice (DOJ) <\/a>has announced<\/a> the arrest of two men over a conspiracy to launder money and commit wire fraud \u201cin connection with a million-dollar scheme to defraud purchasers of NFTs advertised as Frosties<\/a>.\u201d<\/p>\n\n\n\n

Suspects Ethan Nguyen (20) and Andre Llacuna (20) were accused of lying about promises that came with the purchase of their NFT collection and withdrawing money from the collection through multiple transactions. Nguyen and Llacuna were identified after they were linked with the IPs linked with Coinbase accounts that the money was withdrawn to through the NFT collection.<\/p>\n\n\n\n

NFT Scam In The Making<\/h2>\n\n\n\n

The official report released by the DOJ details that a total of 8,888 Frosties were released at a floor price of 0.04 ETH (~US$125 at the time). All 8,888 were sold out within 48 minutes of being released making the criminals a cool 356.56 ETH (~US$1,105,000).<\/p>\n\n\n\n

The report by the DOJ outlines that Nguyen and Llacuna \"abruptly abandoned the Frosties NFT project within hours after selling out of Frosties NFTs, deactivated the Frosties website, and transferred approximately $1.1 million in cryptocurrency proceeds from the scheme to various cryptocurrency wallets under their control in multiple transactions designed to obfuscate the original source of funds.\"<\/p>\n\n\n\n

Prior to their arrests, Nguyen and Llacuna were advertising a second NFT project under the name \"Embers\", which had many similarities to the Frosties NFT project. The DOJ believes that this was another \"fraud scheme\".<\/p>\n\n\n\n

Both of the criminals are facing serious time in relation to the scam. This goes to show although cryptocurrencies are based around anonymity, it doesn't allow for illegal acts to stay hidden either.<\/p>\n","post_title":"Frosties NFT Rugpullers Arrested Over A $1.1 Million Scam","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"frosties-nft-rugpullers-arrested-over-a-1-1-million-scam","to_ping":"","pinged":"","post_modified":"2022-03-27 22:51:07","post_modified_gmt":"2022-03-27 11:51:07","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=4122","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":4116,"post_author":"1","post_date":"2022-03-26 17:39:16","post_date_gmt":"2022-03-26 06:39:16","post_content":"\n

According to reports released on Friday, Indian Finance Minister Nirmala Sitharaman has introduced a capital gains tax of 30% on cryptocurrency transactions.\u00a0<\/p>\n\n\n\n

To add, Indians buying or selling crypto will have to pay a 1% tax deducted at source (TDS), as well as taxes on crypto gifts. The bill states that users are not able to take deductions for any losses. <\/p>\n\n\n\n

The crypto taxes will come into effect on April 1, while the TDS will start on July 1.<\/p>\n\n\n\n

\nhttps:\/\/twitter.com\/WatcherGuru\/status\/1507334988164964355?ref_src=twsrc%5Etfw%7Ctwcamp%5Etweetembed%7Ctwterm%5E1507334988164964355%7Ctwgr%5E%7Ctwcon%5Es1_&ref_url=https%3A%2F%2Fen.ethereumworldnews.com%2Findia-heavy-crypto-tax-law%2F\n<\/div><\/figure>\n\n\n\n

The bill was initially proposed<\/a> in Feburary but was met with heavy backlash<\/a> by Indians, calling for changes to the imposed policy.<\/p>\n\n\n\n

The bill was met with criticism in the government, 20+ members of the lower house of Parliment criticized the lack of definition of the word cryptocurrency in the bill arguing that this would \"finish the industry\". Criticisers were met with a sharp response that \"there is no confusing signal\". <\/p>\n\n\n\n

Sitharaman states the main reason for the tax is because people are profiting from it. Despite this Indians are still not able to take deductions for any losses.<\/p>\n\n\n\n

Many cryptocurrency companies and users are considering filing an appeal to the Indian Supreme Court. <\/p>\n","post_title":"Indian Parliament Passes A 30% Crypto Tax Law","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"indian-parliament-passes-a-30-crypto-tax-law","to_ping":"","pinged":"\nhttps:\/\/www.thedistributed.co\/petition-to-reduce-30-tax-on-crypto-gains-in-india-reaches-a-25000-signatures-milestone%ef%bf%bc\/","post_modified":"2022-03-26 17:42:58","post_modified_gmt":"2022-03-26 06:42:58","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=4116","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":4110,"post_author":"1","post_date":"2022-03-26 12:54:51","post_date_gmt":"2022-03-26 01:54:51","post_content":"\n

Google has filed<\/a> a trademark application for a 'Non-Fungible Planet'. Although it seems that the trademark has less to do with cryptocurrencies and more to do with environmental activism.<\/p>\n\n\n\n

The filing is an 'educational' campaign aimed at \u201cproviding information about environmental protection, conservation, energy efficiency, climate change, reducing carbon footprints, environmental issues and sustainability efforts\".<\/p>\n\n\n\n

The project aims to provide \"educational and entertainment services, namely, providing online non-downloadable videos featuring information in the fields of environmental protection, conservation, energy efficiency, climate change, reducing carbon footprints, environmental issues and sustainability efforts.\"<\/p>\n\n\n\n

Non-Fungible Planet is implicative of Non-Fungible Tokens (NFTs<\/a>) which have taken the crypto industry by storm in the last few years. Although the filing itself makes no mention of NFTs. Non-fungible can be defined as something that cannot be replicated like for like, so in reference to Google's campaign, this could be that we only have one planet and mustn't spoil it.<\/p>\n","post_title":"'Non-Fungible Planet' Is Google's Newest Trademark Filing","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"non-fungible-planet-is-googles-newest-trademark-filing","to_ping":"","pinged":"","post_modified":"2022-03-26 17:43:23","post_modified_gmt":"2022-03-26 06:43:23","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=4110","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":4106,"post_author":"1","post_date":"2022-03-25 21:40:55","post_date_gmt":"2022-03-25 10:40:55","post_content":"\n

Bitcoin ATM operator, Bitcoin of America<\/a> announced<\/a> in a press release that their ATMs support the transaction of Dogecoin ($DOGE).<\/p>\n\n\n\n

\nhttps:\/\/twitter.com\/BTCofAmerica\/status\/1506632012454629390?ref_src=twsrc%5Etfw%7Ctwcamp%5Etweetembed%7Ctwterm%5E1506632012454629390%7Ctwgr%5E%7Ctwcon%5Es1_&ref_url=https%3A%2F%2Fu.today%2Fdogecoin-now-added-to-bitcoin-of-america-atms-details\n<\/div><\/figure>\n\n\n\n

After recognizing the popularity of the meme-coin and the attention it could bring, Bitcoin of America added the currency to their BTMs. Dogecoin ($DOGE<\/a>) is now available for transactions alongside Bitcoin ($BTC<\/a>), Ethereum ($ETH<\/a>), and Litecoin ($LTC<\/a>). To date, Bitcoin of America has 1800 plus BTMs across 31 states.\u00a0<\/p>\n\n\n\n

Bitcoin of America has made several updates to its BTMs with the announcement of its new Universal Kiosk.\u00a0The new universal kiosk combines the capabilities of a traditional ATM with a Bitcoin ATM and offers 3 main functions. The first is the traditional ATM feature where customers can dispense cash from a debit card. The second function is being able to\u00a0buy cryptocurrency\u00a0with cash. The last is that customers can sell crypto in return for cash.<\/p>\n\n\n\n

Dogecoin has rallied in the past few days going from $0.123 to a high of $0.140. The current market cap is sitting at US$18 billion.<\/p>\n\n\n\n

\"\"
Dogecoin 2-Day Price Data - Source: CoinMarketCap<\/figcaption><\/figure>\n","post_title":"Bitcoin ATM Operator Now Supports $DOGE","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"bitcoin-atm-operator-now-supports-doge","to_ping":"","pinged":"","post_modified":"2023-04-11 12:50:37","post_modified_gmt":"2023-04-11 02:50:37","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=4106","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":4087,"post_author":"1","post_date":"2022-03-24 23:37:18","post_date_gmt":"2022-03-24 12:37:18","post_content":"\n

In a\u00a0blog post<\/a>\u00a0by Loopring's head of growth, Adam Browman states that \"the GameStop NFT Marketplace has taken its first steps to welcome users, and it is built atop Loopring!\"<\/p>\n\n\n\n

Browman believes that the project \"has the potential to cement itself at the forefront of this new paradigm and become the destination for global digital economies.\" The blog post states that users can get early access to the project now to set up usernames and profiles, as well as make their first deposits.<\/p>\n\n\n\n

GameStop and NFTs<\/h2>\n\n\n\n

Rumors circulating since November\u00a0suggested that Loopring might be working with GameStop on a metaverse-related project. The Wall Street Journal\u00a0reported<\/a> in January\u00a0that GameStop was planning to build a new team focused on NFTs.<\/p>\n\n\n\n

Soon after that announcement, GameStop mentioned Immuntable X as their primary partner for the project. Despite this fact, Loopring was mentioned<\/a> at the time in an SEC filing<\/a>.<\/p>\n\n\n\n

According to an article from Decrypt<\/a>, there has been a lot of confusion on the topic and who is powering the NFT marketplace. It turns out that both Loopring and Immutable X are powering the NFT plans of GameStop. Although Immutable X tweeted<\/a> in a thread how they are the \"preferred partner\".<\/p>\n\n\n\n

Immutable mentioned the Loopring integration \u201cwas not a surprise (and we welcome them!).\" The marketplace will act as an aggregator across NFT minting platforms. Although, it appears that Immutable X will receive the most focus on the marketplace being the \"preferred partner\".<\/p>\n\n\n\n

\nhttps:\/\/twitter.com\/Immutable\/status\/1506596126677295108\n<\/div><\/figure>\n\n\n\n

Since the announcement, $LRC<\/a>, the native token of Layer 2 blockchain<\/a> Loopring has soared over 35% to a high of $1.21. Although it is now trading steadily at $1.09. Loopring is currently sitting at a market cap of US$1.46 billion, according to data from CoinMarketCap.<\/p>\n\n\n\n

$IMX<\/a>, the token on the Immutable X blockchain is down 8.9% in the past 24 hours, trading at $2.19, according to data from CoinMarketCap.<\/p>\n\n\n\n

The other company in the mix, GameStop also had a huge day seeing a 14.5% gain to $141 in GME<\/a> stocks. Over 24 million GME shares were traded today alone. <\/p>\n","post_title":"GameStop NFT Marketplace Has Entered Beta, Integrated With Loopring","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"gamestop-nft-marketplace-has-entered-beta-integrated-with-loopring","to_ping":"","pinged":"","post_modified":"2022-03-24 23:37:42","post_modified_gmt":"2022-03-24 12:37:42","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=4087","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":4089,"post_author":"1","post_date":"2022-03-24 22:46:11","post_date_gmt":"2022-03-24 11:46:11","post_content":"\n

Floyd \u2019Money\u2019 Mayweather has re-entered the world of cryptocurrency with the announcement of his 2nd NFT project, dubbed Mayweverse. <\/p>\n\n\n\n

The project will consist of 5 different NFTs, each NFT will have 1000 copies available to mint. Every card has its own rarity, utility, and prizes. <\/p>\n\n\n\n

Despite how good it may sounds, Twitter users were quick to criticize. Floyd was reminded<\/a> of his previous NFT project<\/a>, which made him nearly US$5 million and is now worthless. \u201cYou already have an NFT project, it\u2019s called @RealFloydNFT. You released it last year and then stopped working on it immediately after. Have you been punched in the head so much that you\u2019re forgetting these things now?\u201d<\/p>\n\n\n\n

\nhttps:\/\/twitter.com\/Berke_eth\/status\/1506051809542037506\n<\/div><\/figure>\n\n\n\n

Users were quick to call his bluff<\/a>. Floyd states that he has been working on this for months, although the twitter handle @mayweverse<\/a> was created this month. <\/p>\n\n\n\n

Coffezilla, known for calling out rug pulls and scams within the industry tweeted<\/a> his thoughts on the NFT project. He states \"Floyd Mayweather is frantically deleting evidence of his last NFT scam. He's getting roasted by the investors.\" <\/p>\n\n\n\n

Will this NFT collection follow in the footsteps of his previous NFT collection and be abandoned, or will he stick by his word?<\/p>\n","post_title":"Floyd Mayweather Re-enters The World Of Crypto With \u2018Mayweverse\u2019 NFT Project","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"floyd-mayweather-re-enters-the-world-of-crypto-with-mayweverse-nft-project","to_ping":"","pinged":"","post_modified":"2022-03-24 23:37:53","post_modified_gmt":"2022-03-24 12:37:53","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=4089","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":4040,"post_author":"1","post_date":"2022-03-23 22:24:41","post_date_gmt":"2022-03-23 11:24:41","post_content":"\n

Crypto.com has announced<\/a> they are the official sponsor of the 2022 FIFA World Cup hosted in Qatar.<\/p>\n\n\n\n

As per their official announcement, Crypto.com will be the exclusive cryptocurrency trading platform sponsor of the event, benefitting from significant brand exposure both within and outside the stadiums.<\/p>\n\n\n\n

\nhttps:\/\/twitter.com\/cryptocom\/status\/1506424728818679808\n<\/div><\/figure>\n\n\n\n

\u201cCrypto.com has already demonstrated a commitment to supporting top-tier teams and leagues, major events and iconic venues across the world, and there is no platform bigger, or with a greater reach and cultural impact, than FIFA\u2019s global platform of football,\u201d<\/p>Kay Madati, FIFA\u2019s Chief Commercial Officer.<\/cite><\/blockquote>\n\n\n\n

In November of 2021, Crypto.com announced they bought the rights to the Staples Arena,<\/a> in a historic deal inked at US$700 million. Crypto.com has also\u00a0partnered with the Australian Football League<\/a>\u00a0in a $25 million deal, signed a $100-million sponsorship with Formula 1, and confirmed a $175 million sponsorship with the UFC.<\/p>\n\n\n\n

CEO and Co-Founder of Crypto.com Kris Marszalek believes that the sponsorship with the FIFA World Cup will \u201cdrive further awareness of Crypto.com globally.\u201d This is just one more addition to their expanding list of sponsorships worldwide.<\/p>\n","post_title":"CryptoCom Is The Main Sponsor Of The 2022 World Cup","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"crypto-com-is-the-main-sponsor-of-the-2022-world-cup","to_ping":"","pinged":"\nhttps:\/\/www.thedistributed.co\/crypto-com-arena-deal-sealed\/","post_modified":"2022-06-06 21:35:19","post_modified_gmt":"2022-06-06 11:35:19","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=4040","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};

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\n

Crypto Regulation In Germany Is A Work In Progress<\/h2>\n\n\n\n

CEO of KuCoin Johnny Lyu belives the report clearly highlights the growing demand for cryptocurrencies within Germany. <\/p>\n\n\n\n

The German government were the first one to recognize Bitcoins as a \u201cunit of value and could be classified as a financial instrument,\u201d although they have had only \u201csome success in regulating crypto,\u201d states Lyu.  <\/p>\n\n\n\n

The official report reads that it is \"easy for individuals to invest in cryptocurrency\" in Germany and crypto gains are tax exempt if they've been held for over a year.<\/p>\n\n\n\n

\u201cCryptocurrencies are very popular among the supporters of the accumulation strategy, especially among the younger generation. They prefer to save for retirement on their own and diversify their savings through the use of cryptocurrencies.\u201d<\/em><\/p>Into the Cryptoverse Report<\/cite><\/blockquote>\n","post_title":"Crypto Adoption Rates Rising In Germany: Report","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"crypto-adoption-rates-rising-in-germany-report","to_ping":"","pinged":"","post_modified":"2023-04-11 12:50:14","post_modified_gmt":"2023-04-11 02:50:14","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=4132","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":4127,"post_author":"1","post_date":"2022-03-28 11:32:56","post_date_gmt":"2022-03-28 00:32:56","post_content":"\n

Bitcoin has pumped<\/a> to a high of $46,826. This is the coin's highest price since January 1st of this year when it reached $47,686.<\/p>\n\n\n\n

\"\"
Bitcoin Price Data (28th March) - Source: CoinMarketCap<\/a><\/figcaption><\/figure>\n\n\n\n

The breakout of Bitcoin can be linked to the socio-economics currently taking place in the world. With the war against Ukraine, crypto has become an outlet for war-torn victims who cannot safely use their fiat currencies.<\/p>\n\n\n\n

Ukraine has been able to utilize the decentralized nature of cryptocurrencies to gain support<\/a> for their country, compared to sites like GoFundMe where many pages have been blocked for violating their strict policies.<\/p>\n\n\n\n

Despite Bitcoin being down over 30% from all-time highs, the coin has traded relatively stable in 2022 according to its historical price data. The relationship between Bitcoin and the S&P500 has hit a 17 month high<\/a>, dictating the stability it has seen in comparison to other 'stable' investments.<\/p>\n","post_title":"Bitcoin Reaches $46,000 For First Time Since January","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"bitcoin-reaches-46000-for-first-time-since-january","to_ping":"","pinged":"\nhttps:\/\/www.thedistributed.co\/ukraine-dao-launches-1-1-nft-to-raise-funds-to-help-war-torn-ukrainians\/","post_modified":"2023-04-11 12:50:26","post_modified_gmt":"2023-04-11 02:50:26","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=4127","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":4122,"post_author":"1","post_date":"2022-03-27 22:04:13","post_date_gmt":"2022-03-27 11:04:13","post_content":"\n

The US Department of Justice (DOJ) <\/a>has announced<\/a> the arrest of two men over a conspiracy to launder money and commit wire fraud \u201cin connection with a million-dollar scheme to defraud purchasers of NFTs advertised as Frosties<\/a>.\u201d<\/p>\n\n\n\n

Suspects Ethan Nguyen (20) and Andre Llacuna (20) were accused of lying about promises that came with the purchase of their NFT collection and withdrawing money from the collection through multiple transactions. Nguyen and Llacuna were identified after they were linked with the IPs linked with Coinbase accounts that the money was withdrawn to through the NFT collection.<\/p>\n\n\n\n

NFT Scam In The Making<\/h2>\n\n\n\n

The official report released by the DOJ details that a total of 8,888 Frosties were released at a floor price of 0.04 ETH (~US$125 at the time). All 8,888 were sold out within 48 minutes of being released making the criminals a cool 356.56 ETH (~US$1,105,000).<\/p>\n\n\n\n

The report by the DOJ outlines that Nguyen and Llacuna \"abruptly abandoned the Frosties NFT project within hours after selling out of Frosties NFTs, deactivated the Frosties website, and transferred approximately $1.1 million in cryptocurrency proceeds from the scheme to various cryptocurrency wallets under their control in multiple transactions designed to obfuscate the original source of funds.\"<\/p>\n\n\n\n

Prior to their arrests, Nguyen and Llacuna were advertising a second NFT project under the name \"Embers\", which had many similarities to the Frosties NFT project. The DOJ believes that this was another \"fraud scheme\".<\/p>\n\n\n\n

Both of the criminals are facing serious time in relation to the scam. This goes to show although cryptocurrencies are based around anonymity, it doesn't allow for illegal acts to stay hidden either.<\/p>\n","post_title":"Frosties NFT Rugpullers Arrested Over A $1.1 Million Scam","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"frosties-nft-rugpullers-arrested-over-a-1-1-million-scam","to_ping":"","pinged":"","post_modified":"2022-03-27 22:51:07","post_modified_gmt":"2022-03-27 11:51:07","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=4122","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":4116,"post_author":"1","post_date":"2022-03-26 17:39:16","post_date_gmt":"2022-03-26 06:39:16","post_content":"\n

According to reports released on Friday, Indian Finance Minister Nirmala Sitharaman has introduced a capital gains tax of 30% on cryptocurrency transactions.\u00a0<\/p>\n\n\n\n

To add, Indians buying or selling crypto will have to pay a 1% tax deducted at source (TDS), as well as taxes on crypto gifts. The bill states that users are not able to take deductions for any losses. <\/p>\n\n\n\n

The crypto taxes will come into effect on April 1, while the TDS will start on July 1.<\/p>\n\n\n\n

\nhttps:\/\/twitter.com\/WatcherGuru\/status\/1507334988164964355?ref_src=twsrc%5Etfw%7Ctwcamp%5Etweetembed%7Ctwterm%5E1507334988164964355%7Ctwgr%5E%7Ctwcon%5Es1_&ref_url=https%3A%2F%2Fen.ethereumworldnews.com%2Findia-heavy-crypto-tax-law%2F\n<\/div><\/figure>\n\n\n\n

The bill was initially proposed<\/a> in Feburary but was met with heavy backlash<\/a> by Indians, calling for changes to the imposed policy.<\/p>\n\n\n\n

The bill was met with criticism in the government, 20+ members of the lower house of Parliment criticized the lack of definition of the word cryptocurrency in the bill arguing that this would \"finish the industry\". Criticisers were met with a sharp response that \"there is no confusing signal\". <\/p>\n\n\n\n

Sitharaman states the main reason for the tax is because people are profiting from it. Despite this Indians are still not able to take deductions for any losses.<\/p>\n\n\n\n

Many cryptocurrency companies and users are considering filing an appeal to the Indian Supreme Court. <\/p>\n","post_title":"Indian Parliament Passes A 30% Crypto Tax Law","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"indian-parliament-passes-a-30-crypto-tax-law","to_ping":"","pinged":"\nhttps:\/\/www.thedistributed.co\/petition-to-reduce-30-tax-on-crypto-gains-in-india-reaches-a-25000-signatures-milestone%ef%bf%bc\/","post_modified":"2022-03-26 17:42:58","post_modified_gmt":"2022-03-26 06:42:58","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=4116","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":4110,"post_author":"1","post_date":"2022-03-26 12:54:51","post_date_gmt":"2022-03-26 01:54:51","post_content":"\n

Google has filed<\/a> a trademark application for a 'Non-Fungible Planet'. Although it seems that the trademark has less to do with cryptocurrencies and more to do with environmental activism.<\/p>\n\n\n\n

The filing is an 'educational' campaign aimed at \u201cproviding information about environmental protection, conservation, energy efficiency, climate change, reducing carbon footprints, environmental issues and sustainability efforts\".<\/p>\n\n\n\n

The project aims to provide \"educational and entertainment services, namely, providing online non-downloadable videos featuring information in the fields of environmental protection, conservation, energy efficiency, climate change, reducing carbon footprints, environmental issues and sustainability efforts.\"<\/p>\n\n\n\n

Non-Fungible Planet is implicative of Non-Fungible Tokens (NFTs<\/a>) which have taken the crypto industry by storm in the last few years. Although the filing itself makes no mention of NFTs. Non-fungible can be defined as something that cannot be replicated like for like, so in reference to Google's campaign, this could be that we only have one planet and mustn't spoil it.<\/p>\n","post_title":"'Non-Fungible Planet' Is Google's Newest Trademark Filing","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"non-fungible-planet-is-googles-newest-trademark-filing","to_ping":"","pinged":"","post_modified":"2022-03-26 17:43:23","post_modified_gmt":"2022-03-26 06:43:23","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=4110","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":4106,"post_author":"1","post_date":"2022-03-25 21:40:55","post_date_gmt":"2022-03-25 10:40:55","post_content":"\n

Bitcoin ATM operator, Bitcoin of America<\/a> announced<\/a> in a press release that their ATMs support the transaction of Dogecoin ($DOGE).<\/p>\n\n\n\n

\nhttps:\/\/twitter.com\/BTCofAmerica\/status\/1506632012454629390?ref_src=twsrc%5Etfw%7Ctwcamp%5Etweetembed%7Ctwterm%5E1506632012454629390%7Ctwgr%5E%7Ctwcon%5Es1_&ref_url=https%3A%2F%2Fu.today%2Fdogecoin-now-added-to-bitcoin-of-america-atms-details\n<\/div><\/figure>\n\n\n\n

After recognizing the popularity of the meme-coin and the attention it could bring, Bitcoin of America added the currency to their BTMs. Dogecoin ($DOGE<\/a>) is now available for transactions alongside Bitcoin ($BTC<\/a>), Ethereum ($ETH<\/a>), and Litecoin ($LTC<\/a>). To date, Bitcoin of America has 1800 plus BTMs across 31 states.\u00a0<\/p>\n\n\n\n

Bitcoin of America has made several updates to its BTMs with the announcement of its new Universal Kiosk.\u00a0The new universal kiosk combines the capabilities of a traditional ATM with a Bitcoin ATM and offers 3 main functions. The first is the traditional ATM feature where customers can dispense cash from a debit card. The second function is being able to\u00a0buy cryptocurrency\u00a0with cash. The last is that customers can sell crypto in return for cash.<\/p>\n\n\n\n

Dogecoin has rallied in the past few days going from $0.123 to a high of $0.140. The current market cap is sitting at US$18 billion.<\/p>\n\n\n\n

\"\"
Dogecoin 2-Day Price Data - Source: CoinMarketCap<\/figcaption><\/figure>\n","post_title":"Bitcoin ATM Operator Now Supports $DOGE","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"bitcoin-atm-operator-now-supports-doge","to_ping":"","pinged":"","post_modified":"2023-04-11 12:50:37","post_modified_gmt":"2023-04-11 02:50:37","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=4106","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":4087,"post_author":"1","post_date":"2022-03-24 23:37:18","post_date_gmt":"2022-03-24 12:37:18","post_content":"\n

In a\u00a0blog post<\/a>\u00a0by Loopring's head of growth, Adam Browman states that \"the GameStop NFT Marketplace has taken its first steps to welcome users, and it is built atop Loopring!\"<\/p>\n\n\n\n

Browman believes that the project \"has the potential to cement itself at the forefront of this new paradigm and become the destination for global digital economies.\" The blog post states that users can get early access to the project now to set up usernames and profiles, as well as make their first deposits.<\/p>\n\n\n\n

GameStop and NFTs<\/h2>\n\n\n\n

Rumors circulating since November\u00a0suggested that Loopring might be working with GameStop on a metaverse-related project. The Wall Street Journal\u00a0reported<\/a> in January\u00a0that GameStop was planning to build a new team focused on NFTs.<\/p>\n\n\n\n

Soon after that announcement, GameStop mentioned Immuntable X as their primary partner for the project. Despite this fact, Loopring was mentioned<\/a> at the time in an SEC filing<\/a>.<\/p>\n\n\n\n

According to an article from Decrypt<\/a>, there has been a lot of confusion on the topic and who is powering the NFT marketplace. It turns out that both Loopring and Immutable X are powering the NFT plans of GameStop. Although Immutable X tweeted<\/a> in a thread how they are the \"preferred partner\".<\/p>\n\n\n\n

Immutable mentioned the Loopring integration \u201cwas not a surprise (and we welcome them!).\" The marketplace will act as an aggregator across NFT minting platforms. Although, it appears that Immutable X will receive the most focus on the marketplace being the \"preferred partner\".<\/p>\n\n\n\n

\nhttps:\/\/twitter.com\/Immutable\/status\/1506596126677295108\n<\/div><\/figure>\n\n\n\n

Since the announcement, $LRC<\/a>, the native token of Layer 2 blockchain<\/a> Loopring has soared over 35% to a high of $1.21. Although it is now trading steadily at $1.09. Loopring is currently sitting at a market cap of US$1.46 billion, according to data from CoinMarketCap.<\/p>\n\n\n\n

$IMX<\/a>, the token on the Immutable X blockchain is down 8.9% in the past 24 hours, trading at $2.19, according to data from CoinMarketCap.<\/p>\n\n\n\n

The other company in the mix, GameStop also had a huge day seeing a 14.5% gain to $141 in GME<\/a> stocks. Over 24 million GME shares were traded today alone. <\/p>\n","post_title":"GameStop NFT Marketplace Has Entered Beta, Integrated With Loopring","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"gamestop-nft-marketplace-has-entered-beta-integrated-with-loopring","to_ping":"","pinged":"","post_modified":"2022-03-24 23:37:42","post_modified_gmt":"2022-03-24 12:37:42","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=4087","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":4089,"post_author":"1","post_date":"2022-03-24 22:46:11","post_date_gmt":"2022-03-24 11:46:11","post_content":"\n

Floyd \u2019Money\u2019 Mayweather has re-entered the world of cryptocurrency with the announcement of his 2nd NFT project, dubbed Mayweverse. <\/p>\n\n\n\n

The project will consist of 5 different NFTs, each NFT will have 1000 copies available to mint. Every card has its own rarity, utility, and prizes. <\/p>\n\n\n\n

Despite how good it may sounds, Twitter users were quick to criticize. Floyd was reminded<\/a> of his previous NFT project<\/a>, which made him nearly US$5 million and is now worthless. \u201cYou already have an NFT project, it\u2019s called @RealFloydNFT. You released it last year and then stopped working on it immediately after. Have you been punched in the head so much that you\u2019re forgetting these things now?\u201d<\/p>\n\n\n\n

\nhttps:\/\/twitter.com\/Berke_eth\/status\/1506051809542037506\n<\/div><\/figure>\n\n\n\n

Users were quick to call his bluff<\/a>. Floyd states that he has been working on this for months, although the twitter handle @mayweverse<\/a> was created this month. <\/p>\n\n\n\n

Coffezilla, known for calling out rug pulls and scams within the industry tweeted<\/a> his thoughts on the NFT project. He states \"Floyd Mayweather is frantically deleting evidence of his last NFT scam. He's getting roasted by the investors.\" <\/p>\n\n\n\n

Will this NFT collection follow in the footsteps of his previous NFT collection and be abandoned, or will he stick by his word?<\/p>\n","post_title":"Floyd Mayweather Re-enters The World Of Crypto With \u2018Mayweverse\u2019 NFT Project","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"floyd-mayweather-re-enters-the-world-of-crypto-with-mayweverse-nft-project","to_ping":"","pinged":"","post_modified":"2022-03-24 23:37:53","post_modified_gmt":"2022-03-24 12:37:53","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=4089","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":4040,"post_author":"1","post_date":"2022-03-23 22:24:41","post_date_gmt":"2022-03-23 11:24:41","post_content":"\n

Crypto.com has announced<\/a> they are the official sponsor of the 2022 FIFA World Cup hosted in Qatar.<\/p>\n\n\n\n

As per their official announcement, Crypto.com will be the exclusive cryptocurrency trading platform sponsor of the event, benefitting from significant brand exposure both within and outside the stadiums.<\/p>\n\n\n\n

\nhttps:\/\/twitter.com\/cryptocom\/status\/1506424728818679808\n<\/div><\/figure>\n\n\n\n

\u201cCrypto.com has already demonstrated a commitment to supporting top-tier teams and leagues, major events and iconic venues across the world, and there is no platform bigger, or with a greater reach and cultural impact, than FIFA\u2019s global platform of football,\u201d<\/p>Kay Madati, FIFA\u2019s Chief Commercial Officer.<\/cite><\/blockquote>\n\n\n\n

In November of 2021, Crypto.com announced they bought the rights to the Staples Arena,<\/a> in a historic deal inked at US$700 million. Crypto.com has also\u00a0partnered with the Australian Football League<\/a>\u00a0in a $25 million deal, signed a $100-million sponsorship with Formula 1, and confirmed a $175 million sponsorship with the UFC.<\/p>\n\n\n\n

CEO and Co-Founder of Crypto.com Kris Marszalek believes that the sponsorship with the FIFA World Cup will \u201cdrive further awareness of Crypto.com globally.\u201d This is just one more addition to their expanding list of sponsorships worldwide.<\/p>\n","post_title":"CryptoCom Is The Main Sponsor Of The 2022 World Cup","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"crypto-com-is-the-main-sponsor-of-the-2022-world-cup","to_ping":"","pinged":"\nhttps:\/\/www.thedistributed.co\/crypto-com-arena-deal-sealed\/","post_modified":"2022-06-06 21:35:19","post_modified_gmt":"2022-06-06 11:35:19","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=4040","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};

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\"\"
Source: KuCoin's Into the Cryptoverse Report<\/a><\/figcaption><\/figure>\n\n\n\n

Crypto Regulation In Germany Is A Work In Progress<\/h2>\n\n\n\n

CEO of KuCoin Johnny Lyu belives the report clearly highlights the growing demand for cryptocurrencies within Germany. <\/p>\n\n\n\n

The German government were the first one to recognize Bitcoins as a \u201cunit of value and could be classified as a financial instrument,\u201d although they have had only \u201csome success in regulating crypto,\u201d states Lyu.  <\/p>\n\n\n\n

The official report reads that it is \"easy for individuals to invest in cryptocurrency\" in Germany and crypto gains are tax exempt if they've been held for over a year.<\/p>\n\n\n\n

\u201cCryptocurrencies are very popular among the supporters of the accumulation strategy, especially among the younger generation. They prefer to save for retirement on their own and diversify their savings through the use of cryptocurrencies.\u201d<\/em><\/p>Into the Cryptoverse Report<\/cite><\/blockquote>\n","post_title":"Crypto Adoption Rates Rising In Germany: Report","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"crypto-adoption-rates-rising-in-germany-report","to_ping":"","pinged":"","post_modified":"2023-04-11 12:50:14","post_modified_gmt":"2023-04-11 02:50:14","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=4132","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":4127,"post_author":"1","post_date":"2022-03-28 11:32:56","post_date_gmt":"2022-03-28 00:32:56","post_content":"\n

Bitcoin has pumped<\/a> to a high of $46,826. This is the coin's highest price since January 1st of this year when it reached $47,686.<\/p>\n\n\n\n

\"\"
Bitcoin Price Data (28th March) - Source: CoinMarketCap<\/a><\/figcaption><\/figure>\n\n\n\n

The breakout of Bitcoin can be linked to the socio-economics currently taking place in the world. With the war against Ukraine, crypto has become an outlet for war-torn victims who cannot safely use their fiat currencies.<\/p>\n\n\n\n

Ukraine has been able to utilize the decentralized nature of cryptocurrencies to gain support<\/a> for their country, compared to sites like GoFundMe where many pages have been blocked for violating their strict policies.<\/p>\n\n\n\n

Despite Bitcoin being down over 30% from all-time highs, the coin has traded relatively stable in 2022 according to its historical price data. The relationship between Bitcoin and the S&P500 has hit a 17 month high<\/a>, dictating the stability it has seen in comparison to other 'stable' investments.<\/p>\n","post_title":"Bitcoin Reaches $46,000 For First Time Since January","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"bitcoin-reaches-46000-for-first-time-since-january","to_ping":"","pinged":"\nhttps:\/\/www.thedistributed.co\/ukraine-dao-launches-1-1-nft-to-raise-funds-to-help-war-torn-ukrainians\/","post_modified":"2023-04-11 12:50:26","post_modified_gmt":"2023-04-11 02:50:26","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=4127","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":4122,"post_author":"1","post_date":"2022-03-27 22:04:13","post_date_gmt":"2022-03-27 11:04:13","post_content":"\n

The US Department of Justice (DOJ) <\/a>has announced<\/a> the arrest of two men over a conspiracy to launder money and commit wire fraud \u201cin connection with a million-dollar scheme to defraud purchasers of NFTs advertised as Frosties<\/a>.\u201d<\/p>\n\n\n\n

Suspects Ethan Nguyen (20) and Andre Llacuna (20) were accused of lying about promises that came with the purchase of their NFT collection and withdrawing money from the collection through multiple transactions. Nguyen and Llacuna were identified after they were linked with the IPs linked with Coinbase accounts that the money was withdrawn to through the NFT collection.<\/p>\n\n\n\n

NFT Scam In The Making<\/h2>\n\n\n\n

The official report released by the DOJ details that a total of 8,888 Frosties were released at a floor price of 0.04 ETH (~US$125 at the time). All 8,888 were sold out within 48 minutes of being released making the criminals a cool 356.56 ETH (~US$1,105,000).<\/p>\n\n\n\n

The report by the DOJ outlines that Nguyen and Llacuna \"abruptly abandoned the Frosties NFT project within hours after selling out of Frosties NFTs, deactivated the Frosties website, and transferred approximately $1.1 million in cryptocurrency proceeds from the scheme to various cryptocurrency wallets under their control in multiple transactions designed to obfuscate the original source of funds.\"<\/p>\n\n\n\n

Prior to their arrests, Nguyen and Llacuna were advertising a second NFT project under the name \"Embers\", which had many similarities to the Frosties NFT project. The DOJ believes that this was another \"fraud scheme\".<\/p>\n\n\n\n

Both of the criminals are facing serious time in relation to the scam. This goes to show although cryptocurrencies are based around anonymity, it doesn't allow for illegal acts to stay hidden either.<\/p>\n","post_title":"Frosties NFT Rugpullers Arrested Over A $1.1 Million Scam","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"frosties-nft-rugpullers-arrested-over-a-1-1-million-scam","to_ping":"","pinged":"","post_modified":"2022-03-27 22:51:07","post_modified_gmt":"2022-03-27 11:51:07","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=4122","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":4116,"post_author":"1","post_date":"2022-03-26 17:39:16","post_date_gmt":"2022-03-26 06:39:16","post_content":"\n

According to reports released on Friday, Indian Finance Minister Nirmala Sitharaman has introduced a capital gains tax of 30% on cryptocurrency transactions.\u00a0<\/p>\n\n\n\n

To add, Indians buying or selling crypto will have to pay a 1% tax deducted at source (TDS), as well as taxes on crypto gifts. The bill states that users are not able to take deductions for any losses. <\/p>\n\n\n\n

The crypto taxes will come into effect on April 1, while the TDS will start on July 1.<\/p>\n\n\n\n

\nhttps:\/\/twitter.com\/WatcherGuru\/status\/1507334988164964355?ref_src=twsrc%5Etfw%7Ctwcamp%5Etweetembed%7Ctwterm%5E1507334988164964355%7Ctwgr%5E%7Ctwcon%5Es1_&ref_url=https%3A%2F%2Fen.ethereumworldnews.com%2Findia-heavy-crypto-tax-law%2F\n<\/div><\/figure>\n\n\n\n

The bill was initially proposed<\/a> in Feburary but was met with heavy backlash<\/a> by Indians, calling for changes to the imposed policy.<\/p>\n\n\n\n

The bill was met with criticism in the government, 20+ members of the lower house of Parliment criticized the lack of definition of the word cryptocurrency in the bill arguing that this would \"finish the industry\". Criticisers were met with a sharp response that \"there is no confusing signal\". <\/p>\n\n\n\n

Sitharaman states the main reason for the tax is because people are profiting from it. Despite this Indians are still not able to take deductions for any losses.<\/p>\n\n\n\n

Many cryptocurrency companies and users are considering filing an appeal to the Indian Supreme Court. <\/p>\n","post_title":"Indian Parliament Passes A 30% Crypto Tax Law","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"indian-parliament-passes-a-30-crypto-tax-law","to_ping":"","pinged":"\nhttps:\/\/www.thedistributed.co\/petition-to-reduce-30-tax-on-crypto-gains-in-india-reaches-a-25000-signatures-milestone%ef%bf%bc\/","post_modified":"2022-03-26 17:42:58","post_modified_gmt":"2022-03-26 06:42:58","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=4116","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":4110,"post_author":"1","post_date":"2022-03-26 12:54:51","post_date_gmt":"2022-03-26 01:54:51","post_content":"\n

Google has filed<\/a> a trademark application for a 'Non-Fungible Planet'. Although it seems that the trademark has less to do with cryptocurrencies and more to do with environmental activism.<\/p>\n\n\n\n

The filing is an 'educational' campaign aimed at \u201cproviding information about environmental protection, conservation, energy efficiency, climate change, reducing carbon footprints, environmental issues and sustainability efforts\".<\/p>\n\n\n\n

The project aims to provide \"educational and entertainment services, namely, providing online non-downloadable videos featuring information in the fields of environmental protection, conservation, energy efficiency, climate change, reducing carbon footprints, environmental issues and sustainability efforts.\"<\/p>\n\n\n\n

Non-Fungible Planet is implicative of Non-Fungible Tokens (NFTs<\/a>) which have taken the crypto industry by storm in the last few years. Although the filing itself makes no mention of NFTs. Non-fungible can be defined as something that cannot be replicated like for like, so in reference to Google's campaign, this could be that we only have one planet and mustn't spoil it.<\/p>\n","post_title":"'Non-Fungible Planet' Is Google's Newest Trademark Filing","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"non-fungible-planet-is-googles-newest-trademark-filing","to_ping":"","pinged":"","post_modified":"2022-03-26 17:43:23","post_modified_gmt":"2022-03-26 06:43:23","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=4110","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":4106,"post_author":"1","post_date":"2022-03-25 21:40:55","post_date_gmt":"2022-03-25 10:40:55","post_content":"\n

Bitcoin ATM operator, Bitcoin of America<\/a> announced<\/a> in a press release that their ATMs support the transaction of Dogecoin ($DOGE).<\/p>\n\n\n\n

\nhttps:\/\/twitter.com\/BTCofAmerica\/status\/1506632012454629390?ref_src=twsrc%5Etfw%7Ctwcamp%5Etweetembed%7Ctwterm%5E1506632012454629390%7Ctwgr%5E%7Ctwcon%5Es1_&ref_url=https%3A%2F%2Fu.today%2Fdogecoin-now-added-to-bitcoin-of-america-atms-details\n<\/div><\/figure>\n\n\n\n

After recognizing the popularity of the meme-coin and the attention it could bring, Bitcoin of America added the currency to their BTMs. Dogecoin ($DOGE<\/a>) is now available for transactions alongside Bitcoin ($BTC<\/a>), Ethereum ($ETH<\/a>), and Litecoin ($LTC<\/a>). To date, Bitcoin of America has 1800 plus BTMs across 31 states.\u00a0<\/p>\n\n\n\n

Bitcoin of America has made several updates to its BTMs with the announcement of its new Universal Kiosk.\u00a0The new universal kiosk combines the capabilities of a traditional ATM with a Bitcoin ATM and offers 3 main functions. The first is the traditional ATM feature where customers can dispense cash from a debit card. The second function is being able to\u00a0buy cryptocurrency\u00a0with cash. The last is that customers can sell crypto in return for cash.<\/p>\n\n\n\n

Dogecoin has rallied in the past few days going from $0.123 to a high of $0.140. The current market cap is sitting at US$18 billion.<\/p>\n\n\n\n

\"\"
Dogecoin 2-Day Price Data - Source: CoinMarketCap<\/figcaption><\/figure>\n","post_title":"Bitcoin ATM Operator Now Supports $DOGE","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"bitcoin-atm-operator-now-supports-doge","to_ping":"","pinged":"","post_modified":"2023-04-11 12:50:37","post_modified_gmt":"2023-04-11 02:50:37","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=4106","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":4087,"post_author":"1","post_date":"2022-03-24 23:37:18","post_date_gmt":"2022-03-24 12:37:18","post_content":"\n

In a\u00a0blog post<\/a>\u00a0by Loopring's head of growth, Adam Browman states that \"the GameStop NFT Marketplace has taken its first steps to welcome users, and it is built atop Loopring!\"<\/p>\n\n\n\n

Browman believes that the project \"has the potential to cement itself at the forefront of this new paradigm and become the destination for global digital economies.\" The blog post states that users can get early access to the project now to set up usernames and profiles, as well as make their first deposits.<\/p>\n\n\n\n

GameStop and NFTs<\/h2>\n\n\n\n

Rumors circulating since November\u00a0suggested that Loopring might be working with GameStop on a metaverse-related project. The Wall Street Journal\u00a0reported<\/a> in January\u00a0that GameStop was planning to build a new team focused on NFTs.<\/p>\n\n\n\n

Soon after that announcement, GameStop mentioned Immuntable X as their primary partner for the project. Despite this fact, Loopring was mentioned<\/a> at the time in an SEC filing<\/a>.<\/p>\n\n\n\n

According to an article from Decrypt<\/a>, there has been a lot of confusion on the topic and who is powering the NFT marketplace. It turns out that both Loopring and Immutable X are powering the NFT plans of GameStop. Although Immutable X tweeted<\/a> in a thread how they are the \"preferred partner\".<\/p>\n\n\n\n

Immutable mentioned the Loopring integration \u201cwas not a surprise (and we welcome them!).\" The marketplace will act as an aggregator across NFT minting platforms. Although, it appears that Immutable X will receive the most focus on the marketplace being the \"preferred partner\".<\/p>\n\n\n\n

\nhttps:\/\/twitter.com\/Immutable\/status\/1506596126677295108\n<\/div><\/figure>\n\n\n\n

Since the announcement, $LRC<\/a>, the native token of Layer 2 blockchain<\/a> Loopring has soared over 35% to a high of $1.21. Although it is now trading steadily at $1.09. Loopring is currently sitting at a market cap of US$1.46 billion, according to data from CoinMarketCap.<\/p>\n\n\n\n

$IMX<\/a>, the token on the Immutable X blockchain is down 8.9% in the past 24 hours, trading at $2.19, according to data from CoinMarketCap.<\/p>\n\n\n\n

The other company in the mix, GameStop also had a huge day seeing a 14.5% gain to $141 in GME<\/a> stocks. Over 24 million GME shares were traded today alone. <\/p>\n","post_title":"GameStop NFT Marketplace Has Entered Beta, Integrated With Loopring","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"gamestop-nft-marketplace-has-entered-beta-integrated-with-loopring","to_ping":"","pinged":"","post_modified":"2022-03-24 23:37:42","post_modified_gmt":"2022-03-24 12:37:42","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=4087","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":4089,"post_author":"1","post_date":"2022-03-24 22:46:11","post_date_gmt":"2022-03-24 11:46:11","post_content":"\n

Floyd \u2019Money\u2019 Mayweather has re-entered the world of cryptocurrency with the announcement of his 2nd NFT project, dubbed Mayweverse. <\/p>\n\n\n\n

The project will consist of 5 different NFTs, each NFT will have 1000 copies available to mint. Every card has its own rarity, utility, and prizes. <\/p>\n\n\n\n

Despite how good it may sounds, Twitter users were quick to criticize. Floyd was reminded<\/a> of his previous NFT project<\/a>, which made him nearly US$5 million and is now worthless. \u201cYou already have an NFT project, it\u2019s called @RealFloydNFT. You released it last year and then stopped working on it immediately after. Have you been punched in the head so much that you\u2019re forgetting these things now?\u201d<\/p>\n\n\n\n

\nhttps:\/\/twitter.com\/Berke_eth\/status\/1506051809542037506\n<\/div><\/figure>\n\n\n\n

Users were quick to call his bluff<\/a>. Floyd states that he has been working on this for months, although the twitter handle @mayweverse<\/a> was created this month. <\/p>\n\n\n\n

Coffezilla, known for calling out rug pulls and scams within the industry tweeted<\/a> his thoughts on the NFT project. He states \"Floyd Mayweather is frantically deleting evidence of his last NFT scam. He's getting roasted by the investors.\" <\/p>\n\n\n\n

Will this NFT collection follow in the footsteps of his previous NFT collection and be abandoned, or will he stick by his word?<\/p>\n","post_title":"Floyd Mayweather Re-enters The World Of Crypto With \u2018Mayweverse\u2019 NFT Project","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"floyd-mayweather-re-enters-the-world-of-crypto-with-mayweverse-nft-project","to_ping":"","pinged":"","post_modified":"2022-03-24 23:37:53","post_modified_gmt":"2022-03-24 12:37:53","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=4089","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":4040,"post_author":"1","post_date":"2022-03-23 22:24:41","post_date_gmt":"2022-03-23 11:24:41","post_content":"\n

Crypto.com has announced<\/a> they are the official sponsor of the 2022 FIFA World Cup hosted in Qatar.<\/p>\n\n\n\n

As per their official announcement, Crypto.com will be the exclusive cryptocurrency trading platform sponsor of the event, benefitting from significant brand exposure both within and outside the stadiums.<\/p>\n\n\n\n

\nhttps:\/\/twitter.com\/cryptocom\/status\/1506424728818679808\n<\/div><\/figure>\n\n\n\n

\u201cCrypto.com has already demonstrated a commitment to supporting top-tier teams and leagues, major events and iconic venues across the world, and there is no platform bigger, or with a greater reach and cultural impact, than FIFA\u2019s global platform of football,\u201d<\/p>Kay Madati, FIFA\u2019s Chief Commercial Officer.<\/cite><\/blockquote>\n\n\n\n

In November of 2021, Crypto.com announced they bought the rights to the Staples Arena,<\/a> in a historic deal inked at US$700 million. Crypto.com has also\u00a0partnered with the Australian Football League<\/a>\u00a0in a $25 million deal, signed a $100-million sponsorship with Formula 1, and confirmed a $175 million sponsorship with the UFC.<\/p>\n\n\n\n

CEO and Co-Founder of Crypto.com Kris Marszalek believes that the sponsorship with the FIFA World Cup will \u201cdrive further awareness of Crypto.com globally.\u201d This is just one more addition to their expanding list of sponsorships worldwide.<\/p>\n","post_title":"CryptoCom Is The Main Sponsor Of The 2022 World Cup","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"crypto-com-is-the-main-sponsor-of-the-2022-world-cup","to_ping":"","pinged":"\nhttps:\/\/www.thedistributed.co\/crypto-com-arena-deal-sealed\/","post_modified":"2022-06-06 21:35:19","post_modified_gmt":"2022-06-06 11:35:19","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=4040","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};

1 76 77 78 79 80 85

Most Read

Subscribe To Our Newsletter

By subscribing, you agree with our privacy and terms.

Follow The Distributed

ADVERTISEMENT
\n

Profile of Crypto Investors & Crypto-Curious<\/h3>\n\n\n\n
\"\"
Source: KuCoin's Into the Cryptoverse Report<\/a><\/figcaption><\/figure>\n\n\n\n

Crypto Regulation In Germany Is A Work In Progress<\/h2>\n\n\n\n

CEO of KuCoin Johnny Lyu belives the report clearly highlights the growing demand for cryptocurrencies within Germany. <\/p>\n\n\n\n

The German government were the first one to recognize Bitcoins as a \u201cunit of value and could be classified as a financial instrument,\u201d although they have had only \u201csome success in regulating crypto,\u201d states Lyu.  <\/p>\n\n\n\n

The official report reads that it is \"easy for individuals to invest in cryptocurrency\" in Germany and crypto gains are tax exempt if they've been held for over a year.<\/p>\n\n\n\n

\u201cCryptocurrencies are very popular among the supporters of the accumulation strategy, especially among the younger generation. They prefer to save for retirement on their own and diversify their savings through the use of cryptocurrencies.\u201d<\/em><\/p>Into the Cryptoverse Report<\/cite><\/blockquote>\n","post_title":"Crypto Adoption Rates Rising In Germany: Report","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"crypto-adoption-rates-rising-in-germany-report","to_ping":"","pinged":"","post_modified":"2023-04-11 12:50:14","post_modified_gmt":"2023-04-11 02:50:14","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=4132","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":4127,"post_author":"1","post_date":"2022-03-28 11:32:56","post_date_gmt":"2022-03-28 00:32:56","post_content":"\n

Bitcoin has pumped<\/a> to a high of $46,826. This is the coin's highest price since January 1st of this year when it reached $47,686.<\/p>\n\n\n\n

\"\"
Bitcoin Price Data (28th March) - Source: CoinMarketCap<\/a><\/figcaption><\/figure>\n\n\n\n

The breakout of Bitcoin can be linked to the socio-economics currently taking place in the world. With the war against Ukraine, crypto has become an outlet for war-torn victims who cannot safely use their fiat currencies.<\/p>\n\n\n\n

Ukraine has been able to utilize the decentralized nature of cryptocurrencies to gain support<\/a> for their country, compared to sites like GoFundMe where many pages have been blocked for violating their strict policies.<\/p>\n\n\n\n

Despite Bitcoin being down over 30% from all-time highs, the coin has traded relatively stable in 2022 according to its historical price data. The relationship between Bitcoin and the S&P500 has hit a 17 month high<\/a>, dictating the stability it has seen in comparison to other 'stable' investments.<\/p>\n","post_title":"Bitcoin Reaches $46,000 For First Time Since January","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"bitcoin-reaches-46000-for-first-time-since-january","to_ping":"","pinged":"\nhttps:\/\/www.thedistributed.co\/ukraine-dao-launches-1-1-nft-to-raise-funds-to-help-war-torn-ukrainians\/","post_modified":"2023-04-11 12:50:26","post_modified_gmt":"2023-04-11 02:50:26","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=4127","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":4122,"post_author":"1","post_date":"2022-03-27 22:04:13","post_date_gmt":"2022-03-27 11:04:13","post_content":"\n

The US Department of Justice (DOJ) <\/a>has announced<\/a> the arrest of two men over a conspiracy to launder money and commit wire fraud \u201cin connection with a million-dollar scheme to defraud purchasers of NFTs advertised as Frosties<\/a>.\u201d<\/p>\n\n\n\n

Suspects Ethan Nguyen (20) and Andre Llacuna (20) were accused of lying about promises that came with the purchase of their NFT collection and withdrawing money from the collection through multiple transactions. Nguyen and Llacuna were identified after they were linked with the IPs linked with Coinbase accounts that the money was withdrawn to through the NFT collection.<\/p>\n\n\n\n

NFT Scam In The Making<\/h2>\n\n\n\n

The official report released by the DOJ details that a total of 8,888 Frosties were released at a floor price of 0.04 ETH (~US$125 at the time). All 8,888 were sold out within 48 minutes of being released making the criminals a cool 356.56 ETH (~US$1,105,000).<\/p>\n\n\n\n

The report by the DOJ outlines that Nguyen and Llacuna \"abruptly abandoned the Frosties NFT project within hours after selling out of Frosties NFTs, deactivated the Frosties website, and transferred approximately $1.1 million in cryptocurrency proceeds from the scheme to various cryptocurrency wallets under their control in multiple transactions designed to obfuscate the original source of funds.\"<\/p>\n\n\n\n

Prior to their arrests, Nguyen and Llacuna were advertising a second NFT project under the name \"Embers\", which had many similarities to the Frosties NFT project. The DOJ believes that this was another \"fraud scheme\".<\/p>\n\n\n\n

Both of the criminals are facing serious time in relation to the scam. This goes to show although cryptocurrencies are based around anonymity, it doesn't allow for illegal acts to stay hidden either.<\/p>\n","post_title":"Frosties NFT Rugpullers Arrested Over A $1.1 Million Scam","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"frosties-nft-rugpullers-arrested-over-a-1-1-million-scam","to_ping":"","pinged":"","post_modified":"2022-03-27 22:51:07","post_modified_gmt":"2022-03-27 11:51:07","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=4122","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":4116,"post_author":"1","post_date":"2022-03-26 17:39:16","post_date_gmt":"2022-03-26 06:39:16","post_content":"\n

According to reports released on Friday, Indian Finance Minister Nirmala Sitharaman has introduced a capital gains tax of 30% on cryptocurrency transactions.\u00a0<\/p>\n\n\n\n

To add, Indians buying or selling crypto will have to pay a 1% tax deducted at source (TDS), as well as taxes on crypto gifts. The bill states that users are not able to take deductions for any losses. <\/p>\n\n\n\n

The crypto taxes will come into effect on April 1, while the TDS will start on July 1.<\/p>\n\n\n\n

\nhttps:\/\/twitter.com\/WatcherGuru\/status\/1507334988164964355?ref_src=twsrc%5Etfw%7Ctwcamp%5Etweetembed%7Ctwterm%5E1507334988164964355%7Ctwgr%5E%7Ctwcon%5Es1_&ref_url=https%3A%2F%2Fen.ethereumworldnews.com%2Findia-heavy-crypto-tax-law%2F\n<\/div><\/figure>\n\n\n\n

The bill was initially proposed<\/a> in Feburary but was met with heavy backlash<\/a> by Indians, calling for changes to the imposed policy.<\/p>\n\n\n\n

The bill was met with criticism in the government, 20+ members of the lower house of Parliment criticized the lack of definition of the word cryptocurrency in the bill arguing that this would \"finish the industry\". Criticisers were met with a sharp response that \"there is no confusing signal\". <\/p>\n\n\n\n

Sitharaman states the main reason for the tax is because people are profiting from it. Despite this Indians are still not able to take deductions for any losses.<\/p>\n\n\n\n

Many cryptocurrency companies and users are considering filing an appeal to the Indian Supreme Court. <\/p>\n","post_title":"Indian Parliament Passes A 30% Crypto Tax Law","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"indian-parliament-passes-a-30-crypto-tax-law","to_ping":"","pinged":"\nhttps:\/\/www.thedistributed.co\/petition-to-reduce-30-tax-on-crypto-gains-in-india-reaches-a-25000-signatures-milestone%ef%bf%bc\/","post_modified":"2022-03-26 17:42:58","post_modified_gmt":"2022-03-26 06:42:58","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=4116","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":4110,"post_author":"1","post_date":"2022-03-26 12:54:51","post_date_gmt":"2022-03-26 01:54:51","post_content":"\n

Google has filed<\/a> a trademark application for a 'Non-Fungible Planet'. Although it seems that the trademark has less to do with cryptocurrencies and more to do with environmental activism.<\/p>\n\n\n\n

The filing is an 'educational' campaign aimed at \u201cproviding information about environmental protection, conservation, energy efficiency, climate change, reducing carbon footprints, environmental issues and sustainability efforts\".<\/p>\n\n\n\n

The project aims to provide \"educational and entertainment services, namely, providing online non-downloadable videos featuring information in the fields of environmental protection, conservation, energy efficiency, climate change, reducing carbon footprints, environmental issues and sustainability efforts.\"<\/p>\n\n\n\n

Non-Fungible Planet is implicative of Non-Fungible Tokens (NFTs<\/a>) which have taken the crypto industry by storm in the last few years. Although the filing itself makes no mention of NFTs. Non-fungible can be defined as something that cannot be replicated like for like, so in reference to Google's campaign, this could be that we only have one planet and mustn't spoil it.<\/p>\n","post_title":"'Non-Fungible Planet' Is Google's Newest Trademark Filing","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"non-fungible-planet-is-googles-newest-trademark-filing","to_ping":"","pinged":"","post_modified":"2022-03-26 17:43:23","post_modified_gmt":"2022-03-26 06:43:23","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=4110","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":4106,"post_author":"1","post_date":"2022-03-25 21:40:55","post_date_gmt":"2022-03-25 10:40:55","post_content":"\n

Bitcoin ATM operator, Bitcoin of America<\/a> announced<\/a> in a press release that their ATMs support the transaction of Dogecoin ($DOGE).<\/p>\n\n\n\n

\nhttps:\/\/twitter.com\/BTCofAmerica\/status\/1506632012454629390?ref_src=twsrc%5Etfw%7Ctwcamp%5Etweetembed%7Ctwterm%5E1506632012454629390%7Ctwgr%5E%7Ctwcon%5Es1_&ref_url=https%3A%2F%2Fu.today%2Fdogecoin-now-added-to-bitcoin-of-america-atms-details\n<\/div><\/figure>\n\n\n\n

After recognizing the popularity of the meme-coin and the attention it could bring, Bitcoin of America added the currency to their BTMs. Dogecoin ($DOGE<\/a>) is now available for transactions alongside Bitcoin ($BTC<\/a>), Ethereum ($ETH<\/a>), and Litecoin ($LTC<\/a>). To date, Bitcoin of America has 1800 plus BTMs across 31 states.\u00a0<\/p>\n\n\n\n

Bitcoin of America has made several updates to its BTMs with the announcement of its new Universal Kiosk.\u00a0The new universal kiosk combines the capabilities of a traditional ATM with a Bitcoin ATM and offers 3 main functions. The first is the traditional ATM feature where customers can dispense cash from a debit card. The second function is being able to\u00a0buy cryptocurrency\u00a0with cash. The last is that customers can sell crypto in return for cash.<\/p>\n\n\n\n

Dogecoin has rallied in the past few days going from $0.123 to a high of $0.140. The current market cap is sitting at US$18 billion.<\/p>\n\n\n\n

\"\"
Dogecoin 2-Day Price Data - Source: CoinMarketCap<\/figcaption><\/figure>\n","post_title":"Bitcoin ATM Operator Now Supports $DOGE","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"bitcoin-atm-operator-now-supports-doge","to_ping":"","pinged":"","post_modified":"2023-04-11 12:50:37","post_modified_gmt":"2023-04-11 02:50:37","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=4106","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":4087,"post_author":"1","post_date":"2022-03-24 23:37:18","post_date_gmt":"2022-03-24 12:37:18","post_content":"\n

In a\u00a0blog post<\/a>\u00a0by Loopring's head of growth, Adam Browman states that \"the GameStop NFT Marketplace has taken its first steps to welcome users, and it is built atop Loopring!\"<\/p>\n\n\n\n

Browman believes that the project \"has the potential to cement itself at the forefront of this new paradigm and become the destination for global digital economies.\" The blog post states that users can get early access to the project now to set up usernames and profiles, as well as make their first deposits.<\/p>\n\n\n\n

GameStop and NFTs<\/h2>\n\n\n\n

Rumors circulating since November\u00a0suggested that Loopring might be working with GameStop on a metaverse-related project. The Wall Street Journal\u00a0reported<\/a> in January\u00a0that GameStop was planning to build a new team focused on NFTs.<\/p>\n\n\n\n

Soon after that announcement, GameStop mentioned Immuntable X as their primary partner for the project. Despite this fact, Loopring was mentioned<\/a> at the time in an SEC filing<\/a>.<\/p>\n\n\n\n

According to an article from Decrypt<\/a>, there has been a lot of confusion on the topic and who is powering the NFT marketplace. It turns out that both Loopring and Immutable X are powering the NFT plans of GameStop. Although Immutable X tweeted<\/a> in a thread how they are the \"preferred partner\".<\/p>\n\n\n\n

Immutable mentioned the Loopring integration \u201cwas not a surprise (and we welcome them!).\" The marketplace will act as an aggregator across NFT minting platforms. Although, it appears that Immutable X will receive the most focus on the marketplace being the \"preferred partner\".<\/p>\n\n\n\n

\nhttps:\/\/twitter.com\/Immutable\/status\/1506596126677295108\n<\/div><\/figure>\n\n\n\n

Since the announcement, $LRC<\/a>, the native token of Layer 2 blockchain<\/a> Loopring has soared over 35% to a high of $1.21. Although it is now trading steadily at $1.09. Loopring is currently sitting at a market cap of US$1.46 billion, according to data from CoinMarketCap.<\/p>\n\n\n\n

$IMX<\/a>, the token on the Immutable X blockchain is down 8.9% in the past 24 hours, trading at $2.19, according to data from CoinMarketCap.<\/p>\n\n\n\n

The other company in the mix, GameStop also had a huge day seeing a 14.5% gain to $141 in GME<\/a> stocks. Over 24 million GME shares were traded today alone. <\/p>\n","post_title":"GameStop NFT Marketplace Has Entered Beta, Integrated With Loopring","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"gamestop-nft-marketplace-has-entered-beta-integrated-with-loopring","to_ping":"","pinged":"","post_modified":"2022-03-24 23:37:42","post_modified_gmt":"2022-03-24 12:37:42","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=4087","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":4089,"post_author":"1","post_date":"2022-03-24 22:46:11","post_date_gmt":"2022-03-24 11:46:11","post_content":"\n

Floyd \u2019Money\u2019 Mayweather has re-entered the world of cryptocurrency with the announcement of his 2nd NFT project, dubbed Mayweverse. <\/p>\n\n\n\n

The project will consist of 5 different NFTs, each NFT will have 1000 copies available to mint. Every card has its own rarity, utility, and prizes. <\/p>\n\n\n\n

Despite how good it may sounds, Twitter users were quick to criticize. Floyd was reminded<\/a> of his previous NFT project<\/a>, which made him nearly US$5 million and is now worthless. \u201cYou already have an NFT project, it\u2019s called @RealFloydNFT. You released it last year and then stopped working on it immediately after. Have you been punched in the head so much that you\u2019re forgetting these things now?\u201d<\/p>\n\n\n\n

\nhttps:\/\/twitter.com\/Berke_eth\/status\/1506051809542037506\n<\/div><\/figure>\n\n\n\n

Users were quick to call his bluff<\/a>. Floyd states that he has been working on this for months, although the twitter handle @mayweverse<\/a> was created this month. <\/p>\n\n\n\n

Coffezilla, known for calling out rug pulls and scams within the industry tweeted<\/a> his thoughts on the NFT project. He states \"Floyd Mayweather is frantically deleting evidence of his last NFT scam. He's getting roasted by the investors.\" <\/p>\n\n\n\n

Will this NFT collection follow in the footsteps of his previous NFT collection and be abandoned, or will he stick by his word?<\/p>\n","post_title":"Floyd Mayweather Re-enters The World Of Crypto With \u2018Mayweverse\u2019 NFT Project","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"floyd-mayweather-re-enters-the-world-of-crypto-with-mayweverse-nft-project","to_ping":"","pinged":"","post_modified":"2022-03-24 23:37:53","post_modified_gmt":"2022-03-24 12:37:53","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=4089","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":4040,"post_author":"1","post_date":"2022-03-23 22:24:41","post_date_gmt":"2022-03-23 11:24:41","post_content":"\n

Crypto.com has announced<\/a> they are the official sponsor of the 2022 FIFA World Cup hosted in Qatar.<\/p>\n\n\n\n

As per their official announcement, Crypto.com will be the exclusive cryptocurrency trading platform sponsor of the event, benefitting from significant brand exposure both within and outside the stadiums.<\/p>\n\n\n\n

\nhttps:\/\/twitter.com\/cryptocom\/status\/1506424728818679808\n<\/div><\/figure>\n\n\n\n

\u201cCrypto.com has already demonstrated a commitment to supporting top-tier teams and leagues, major events and iconic venues across the world, and there is no platform bigger, or with a greater reach and cultural impact, than FIFA\u2019s global platform of football,\u201d<\/p>Kay Madati, FIFA\u2019s Chief Commercial Officer.<\/cite><\/blockquote>\n\n\n\n

In November of 2021, Crypto.com announced they bought the rights to the Staples Arena,<\/a> in a historic deal inked at US$700 million. Crypto.com has also\u00a0partnered with the Australian Football League<\/a>\u00a0in a $25 million deal, signed a $100-million sponsorship with Formula 1, and confirmed a $175 million sponsorship with the UFC.<\/p>\n\n\n\n

CEO and Co-Founder of Crypto.com Kris Marszalek believes that the sponsorship with the FIFA World Cup will \u201cdrive further awareness of Crypto.com globally.\u201d This is just one more addition to their expanding list of sponsorships worldwide.<\/p>\n","post_title":"CryptoCom Is The Main Sponsor Of The 2022 World Cup","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"crypto-com-is-the-main-sponsor-of-the-2022-world-cup","to_ping":"","pinged":"\nhttps:\/\/www.thedistributed.co\/crypto-com-arena-deal-sealed\/","post_modified":"2022-06-06 21:35:19","post_modified_gmt":"2022-06-06 11:35:19","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=4040","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};

1 76 77 78 79 80 85

Most Read

Subscribe To Our Newsletter

By subscribing, you agree with our privacy and terms.

Follow The Distributed

ADVERTISEMENT
\n

The report also found that \"69% of crypto investors are men, while women account for 53% of the crypto-curious.\" This shows the growing interest in cryptocurrencies in German females. BlockFi found<\/a> that in the U.S.A. almost a third of women were planning to invest in crypto by the end of the year.<\/p>\n\n\n\n

Profile of Crypto Investors & Crypto-Curious<\/h3>\n\n\n\n
\"\"
Source: KuCoin's Into the Cryptoverse Report<\/a><\/figcaption><\/figure>\n\n\n\n

Crypto Regulation In Germany Is A Work In Progress<\/h2>\n\n\n\n

CEO of KuCoin Johnny Lyu belives the report clearly highlights the growing demand for cryptocurrencies within Germany. <\/p>\n\n\n\n

The German government were the first one to recognize Bitcoins as a \u201cunit of value and could be classified as a financial instrument,\u201d although they have had only \u201csome success in regulating crypto,\u201d states Lyu.  <\/p>\n\n\n\n

The official report reads that it is \"easy for individuals to invest in cryptocurrency\" in Germany and crypto gains are tax exempt if they've been held for over a year.<\/p>\n\n\n\n

\u201cCryptocurrencies are very popular among the supporters of the accumulation strategy, especially among the younger generation. They prefer to save for retirement on their own and diversify their savings through the use of cryptocurrencies.\u201d<\/em><\/p>Into the Cryptoverse Report<\/cite><\/blockquote>\n","post_title":"Crypto Adoption Rates Rising In Germany: Report","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"crypto-adoption-rates-rising-in-germany-report","to_ping":"","pinged":"","post_modified":"2023-04-11 12:50:14","post_modified_gmt":"2023-04-11 02:50:14","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=4132","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":4127,"post_author":"1","post_date":"2022-03-28 11:32:56","post_date_gmt":"2022-03-28 00:32:56","post_content":"\n

Bitcoin has pumped<\/a> to a high of $46,826. This is the coin's highest price since January 1st of this year when it reached $47,686.<\/p>\n\n\n\n

\"\"
Bitcoin Price Data (28th March) - Source: CoinMarketCap<\/a><\/figcaption><\/figure>\n\n\n\n

The breakout of Bitcoin can be linked to the socio-economics currently taking place in the world. With the war against Ukraine, crypto has become an outlet for war-torn victims who cannot safely use their fiat currencies.<\/p>\n\n\n\n

Ukraine has been able to utilize the decentralized nature of cryptocurrencies to gain support<\/a> for their country, compared to sites like GoFundMe where many pages have been blocked for violating their strict policies.<\/p>\n\n\n\n

Despite Bitcoin being down over 30% from all-time highs, the coin has traded relatively stable in 2022 according to its historical price data. The relationship between Bitcoin and the S&P500 has hit a 17 month high<\/a>, dictating the stability it has seen in comparison to other 'stable' investments.<\/p>\n","post_title":"Bitcoin Reaches $46,000 For First Time Since January","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"bitcoin-reaches-46000-for-first-time-since-january","to_ping":"","pinged":"\nhttps:\/\/www.thedistributed.co\/ukraine-dao-launches-1-1-nft-to-raise-funds-to-help-war-torn-ukrainians\/","post_modified":"2023-04-11 12:50:26","post_modified_gmt":"2023-04-11 02:50:26","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=4127","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":4122,"post_author":"1","post_date":"2022-03-27 22:04:13","post_date_gmt":"2022-03-27 11:04:13","post_content":"\n

The US Department of Justice (DOJ) <\/a>has announced<\/a> the arrest of two men over a conspiracy to launder money and commit wire fraud \u201cin connection with a million-dollar scheme to defraud purchasers of NFTs advertised as Frosties<\/a>.\u201d<\/p>\n\n\n\n

Suspects Ethan Nguyen (20) and Andre Llacuna (20) were accused of lying about promises that came with the purchase of their NFT collection and withdrawing money from the collection through multiple transactions. Nguyen and Llacuna were identified after they were linked with the IPs linked with Coinbase accounts that the money was withdrawn to through the NFT collection.<\/p>\n\n\n\n

NFT Scam In The Making<\/h2>\n\n\n\n

The official report released by the DOJ details that a total of 8,888 Frosties were released at a floor price of 0.04 ETH (~US$125 at the time). All 8,888 were sold out within 48 minutes of being released making the criminals a cool 356.56 ETH (~US$1,105,000).<\/p>\n\n\n\n

The report by the DOJ outlines that Nguyen and Llacuna \"abruptly abandoned the Frosties NFT project within hours after selling out of Frosties NFTs, deactivated the Frosties website, and transferred approximately $1.1 million in cryptocurrency proceeds from the scheme to various cryptocurrency wallets under their control in multiple transactions designed to obfuscate the original source of funds.\"<\/p>\n\n\n\n

Prior to their arrests, Nguyen and Llacuna were advertising a second NFT project under the name \"Embers\", which had many similarities to the Frosties NFT project. The DOJ believes that this was another \"fraud scheme\".<\/p>\n\n\n\n

Both of the criminals are facing serious time in relation to the scam. This goes to show although cryptocurrencies are based around anonymity, it doesn't allow for illegal acts to stay hidden either.<\/p>\n","post_title":"Frosties NFT Rugpullers Arrested Over A $1.1 Million Scam","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"frosties-nft-rugpullers-arrested-over-a-1-1-million-scam","to_ping":"","pinged":"","post_modified":"2022-03-27 22:51:07","post_modified_gmt":"2022-03-27 11:51:07","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=4122","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":4116,"post_author":"1","post_date":"2022-03-26 17:39:16","post_date_gmt":"2022-03-26 06:39:16","post_content":"\n

According to reports released on Friday, Indian Finance Minister Nirmala Sitharaman has introduced a capital gains tax of 30% on cryptocurrency transactions.\u00a0<\/p>\n\n\n\n

To add, Indians buying or selling crypto will have to pay a 1% tax deducted at source (TDS), as well as taxes on crypto gifts. The bill states that users are not able to take deductions for any losses. <\/p>\n\n\n\n

The crypto taxes will come into effect on April 1, while the TDS will start on July 1.<\/p>\n\n\n\n

\nhttps:\/\/twitter.com\/WatcherGuru\/status\/1507334988164964355?ref_src=twsrc%5Etfw%7Ctwcamp%5Etweetembed%7Ctwterm%5E1507334988164964355%7Ctwgr%5E%7Ctwcon%5Es1_&ref_url=https%3A%2F%2Fen.ethereumworldnews.com%2Findia-heavy-crypto-tax-law%2F\n<\/div><\/figure>\n\n\n\n

The bill was initially proposed<\/a> in Feburary but was met with heavy backlash<\/a> by Indians, calling for changes to the imposed policy.<\/p>\n\n\n\n

The bill was met with criticism in the government, 20+ members of the lower house of Parliment criticized the lack of definition of the word cryptocurrency in the bill arguing that this would \"finish the industry\". Criticisers were met with a sharp response that \"there is no confusing signal\". <\/p>\n\n\n\n

Sitharaman states the main reason for the tax is because people are profiting from it. Despite this Indians are still not able to take deductions for any losses.<\/p>\n\n\n\n

Many cryptocurrency companies and users are considering filing an appeal to the Indian Supreme Court. <\/p>\n","post_title":"Indian Parliament Passes A 30% Crypto Tax Law","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"indian-parliament-passes-a-30-crypto-tax-law","to_ping":"","pinged":"\nhttps:\/\/www.thedistributed.co\/petition-to-reduce-30-tax-on-crypto-gains-in-india-reaches-a-25000-signatures-milestone%ef%bf%bc\/","post_modified":"2022-03-26 17:42:58","post_modified_gmt":"2022-03-26 06:42:58","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=4116","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":4110,"post_author":"1","post_date":"2022-03-26 12:54:51","post_date_gmt":"2022-03-26 01:54:51","post_content":"\n

Google has filed<\/a> a trademark application for a 'Non-Fungible Planet'. Although it seems that the trademark has less to do with cryptocurrencies and more to do with environmental activism.<\/p>\n\n\n\n

The filing is an 'educational' campaign aimed at \u201cproviding information about environmental protection, conservation, energy efficiency, climate change, reducing carbon footprints, environmental issues and sustainability efforts\".<\/p>\n\n\n\n

The project aims to provide \"educational and entertainment services, namely, providing online non-downloadable videos featuring information in the fields of environmental protection, conservation, energy efficiency, climate change, reducing carbon footprints, environmental issues and sustainability efforts.\"<\/p>\n\n\n\n

Non-Fungible Planet is implicative of Non-Fungible Tokens (NFTs<\/a>) which have taken the crypto industry by storm in the last few years. Although the filing itself makes no mention of NFTs. Non-fungible can be defined as something that cannot be replicated like for like, so in reference to Google's campaign, this could be that we only have one planet and mustn't spoil it.<\/p>\n","post_title":"'Non-Fungible Planet' Is Google's Newest Trademark Filing","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"non-fungible-planet-is-googles-newest-trademark-filing","to_ping":"","pinged":"","post_modified":"2022-03-26 17:43:23","post_modified_gmt":"2022-03-26 06:43:23","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=4110","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":4106,"post_author":"1","post_date":"2022-03-25 21:40:55","post_date_gmt":"2022-03-25 10:40:55","post_content":"\n

Bitcoin ATM operator, Bitcoin of America<\/a> announced<\/a> in a press release that their ATMs support the transaction of Dogecoin ($DOGE).<\/p>\n\n\n\n

\nhttps:\/\/twitter.com\/BTCofAmerica\/status\/1506632012454629390?ref_src=twsrc%5Etfw%7Ctwcamp%5Etweetembed%7Ctwterm%5E1506632012454629390%7Ctwgr%5E%7Ctwcon%5Es1_&ref_url=https%3A%2F%2Fu.today%2Fdogecoin-now-added-to-bitcoin-of-america-atms-details\n<\/div><\/figure>\n\n\n\n

After recognizing the popularity of the meme-coin and the attention it could bring, Bitcoin of America added the currency to their BTMs. Dogecoin ($DOGE<\/a>) is now available for transactions alongside Bitcoin ($BTC<\/a>), Ethereum ($ETH<\/a>), and Litecoin ($LTC<\/a>). To date, Bitcoin of America has 1800 plus BTMs across 31 states.\u00a0<\/p>\n\n\n\n

Bitcoin of America has made several updates to its BTMs with the announcement of its new Universal Kiosk.\u00a0The new universal kiosk combines the capabilities of a traditional ATM with a Bitcoin ATM and offers 3 main functions. The first is the traditional ATM feature where customers can dispense cash from a debit card. The second function is being able to\u00a0buy cryptocurrency\u00a0with cash. The last is that customers can sell crypto in return for cash.<\/p>\n\n\n\n

Dogecoin has rallied in the past few days going from $0.123 to a high of $0.140. The current market cap is sitting at US$18 billion.<\/p>\n\n\n\n

\"\"
Dogecoin 2-Day Price Data - Source: CoinMarketCap<\/figcaption><\/figure>\n","post_title":"Bitcoin ATM Operator Now Supports $DOGE","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"bitcoin-atm-operator-now-supports-doge","to_ping":"","pinged":"","post_modified":"2023-04-11 12:50:37","post_modified_gmt":"2023-04-11 02:50:37","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=4106","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":4087,"post_author":"1","post_date":"2022-03-24 23:37:18","post_date_gmt":"2022-03-24 12:37:18","post_content":"\n

In a\u00a0blog post<\/a>\u00a0by Loopring's head of growth, Adam Browman states that \"the GameStop NFT Marketplace has taken its first steps to welcome users, and it is built atop Loopring!\"<\/p>\n\n\n\n

Browman believes that the project \"has the potential to cement itself at the forefront of this new paradigm and become the destination for global digital economies.\" The blog post states that users can get early access to the project now to set up usernames and profiles, as well as make their first deposits.<\/p>\n\n\n\n

GameStop and NFTs<\/h2>\n\n\n\n

Rumors circulating since November\u00a0suggested that Loopring might be working with GameStop on a metaverse-related project. The Wall Street Journal\u00a0reported<\/a> in January\u00a0that GameStop was planning to build a new team focused on NFTs.<\/p>\n\n\n\n

Soon after that announcement, GameStop mentioned Immuntable X as their primary partner for the project. Despite this fact, Loopring was mentioned<\/a> at the time in an SEC filing<\/a>.<\/p>\n\n\n\n

According to an article from Decrypt<\/a>, there has been a lot of confusion on the topic and who is powering the NFT marketplace. It turns out that both Loopring and Immutable X are powering the NFT plans of GameStop. Although Immutable X tweeted<\/a> in a thread how they are the \"preferred partner\".<\/p>\n\n\n\n

Immutable mentioned the Loopring integration \u201cwas not a surprise (and we welcome them!).\" The marketplace will act as an aggregator across NFT minting platforms. Although, it appears that Immutable X will receive the most focus on the marketplace being the \"preferred partner\".<\/p>\n\n\n\n

\nhttps:\/\/twitter.com\/Immutable\/status\/1506596126677295108\n<\/div><\/figure>\n\n\n\n

Since the announcement, $LRC<\/a>, the native token of Layer 2 blockchain<\/a> Loopring has soared over 35% to a high of $1.21. Although it is now trading steadily at $1.09. Loopring is currently sitting at a market cap of US$1.46 billion, according to data from CoinMarketCap.<\/p>\n\n\n\n

$IMX<\/a>, the token on the Immutable X blockchain is down 8.9% in the past 24 hours, trading at $2.19, according to data from CoinMarketCap.<\/p>\n\n\n\n

The other company in the mix, GameStop also had a huge day seeing a 14.5% gain to $141 in GME<\/a> stocks. Over 24 million GME shares were traded today alone. <\/p>\n","post_title":"GameStop NFT Marketplace Has Entered Beta, Integrated With Loopring","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"gamestop-nft-marketplace-has-entered-beta-integrated-with-loopring","to_ping":"","pinged":"","post_modified":"2022-03-24 23:37:42","post_modified_gmt":"2022-03-24 12:37:42","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=4087","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":4089,"post_author":"1","post_date":"2022-03-24 22:46:11","post_date_gmt":"2022-03-24 11:46:11","post_content":"\n

Floyd \u2019Money\u2019 Mayweather has re-entered the world of cryptocurrency with the announcement of his 2nd NFT project, dubbed Mayweverse. <\/p>\n\n\n\n

The project will consist of 5 different NFTs, each NFT will have 1000 copies available to mint. Every card has its own rarity, utility, and prizes. <\/p>\n\n\n\n

Despite how good it may sounds, Twitter users were quick to criticize. Floyd was reminded<\/a> of his previous NFT project<\/a>, which made him nearly US$5 million and is now worthless. \u201cYou already have an NFT project, it\u2019s called @RealFloydNFT. You released it last year and then stopped working on it immediately after. Have you been punched in the head so much that you\u2019re forgetting these things now?\u201d<\/p>\n\n\n\n

\nhttps:\/\/twitter.com\/Berke_eth\/status\/1506051809542037506\n<\/div><\/figure>\n\n\n\n

Users were quick to call his bluff<\/a>. Floyd states that he has been working on this for months, although the twitter handle @mayweverse<\/a> was created this month. <\/p>\n\n\n\n

Coffezilla, known for calling out rug pulls and scams within the industry tweeted<\/a> his thoughts on the NFT project. He states \"Floyd Mayweather is frantically deleting evidence of his last NFT scam. He's getting roasted by the investors.\" <\/p>\n\n\n\n

Will this NFT collection follow in the footsteps of his previous NFT collection and be abandoned, or will he stick by his word?<\/p>\n","post_title":"Floyd Mayweather Re-enters The World Of Crypto With \u2018Mayweverse\u2019 NFT Project","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"floyd-mayweather-re-enters-the-world-of-crypto-with-mayweverse-nft-project","to_ping":"","pinged":"","post_modified":"2022-03-24 23:37:53","post_modified_gmt":"2022-03-24 12:37:53","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=4089","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":4040,"post_author":"1","post_date":"2022-03-23 22:24:41","post_date_gmt":"2022-03-23 11:24:41","post_content":"\n

Crypto.com has announced<\/a> they are the official sponsor of the 2022 FIFA World Cup hosted in Qatar.<\/p>\n\n\n\n

As per their official announcement, Crypto.com will be the exclusive cryptocurrency trading platform sponsor of the event, benefitting from significant brand exposure both within and outside the stadiums.<\/p>\n\n\n\n

\nhttps:\/\/twitter.com\/cryptocom\/status\/1506424728818679808\n<\/div><\/figure>\n\n\n\n

\u201cCrypto.com has already demonstrated a commitment to supporting top-tier teams and leagues, major events and iconic venues across the world, and there is no platform bigger, or with a greater reach and cultural impact, than FIFA\u2019s global platform of football,\u201d<\/p>Kay Madati, FIFA\u2019s Chief Commercial Officer.<\/cite><\/blockquote>\n\n\n\n

In November of 2021, Crypto.com announced they bought the rights to the Staples Arena,<\/a> in a historic deal inked at US$700 million. Crypto.com has also\u00a0partnered with the Australian Football League<\/a>\u00a0in a $25 million deal, signed a $100-million sponsorship with Formula 1, and confirmed a $175 million sponsorship with the UFC.<\/p>\n\n\n\n

CEO and Co-Founder of Crypto.com Kris Marszalek believes that the sponsorship with the FIFA World Cup will \u201cdrive further awareness of Crypto.com globally.\u201d This is just one more addition to their expanding list of sponsorships worldwide.<\/p>\n","post_title":"CryptoCom Is The Main Sponsor Of The 2022 World Cup","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"crypto-com-is-the-main-sponsor-of-the-2022-world-cup","to_ping":"","pinged":"\nhttps:\/\/www.thedistributed.co\/crypto-com-arena-deal-sealed\/","post_modified":"2022-06-06 21:35:19","post_modified_gmt":"2022-06-06 11:35:19","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=4040","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};

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\n

30% consider crypto as a reliable store of value whereas 35% of them would do it for the opportunity to earn a passive income. To add, 16% of the country\u2019s population (18 - 60 yrs old) have already invested in crypto or have been trading it within the past six months. Out of those expressing their interests, 77% of the 'crypto-curious' are researching potential assets to invest in and 31% of the same group plans to start lending their cryptocurrencies through staking.<\/p>\n\n\n\n

The report also found that \"69% of crypto investors are men, while women account for 53% of the crypto-curious.\" This shows the growing interest in cryptocurrencies in German females. BlockFi found<\/a> that in the U.S.A. almost a third of women were planning to invest in crypto by the end of the year.<\/p>\n\n\n\n

Profile of Crypto Investors & Crypto-Curious<\/h3>\n\n\n\n
\"\"
Source: KuCoin's Into the Cryptoverse Report<\/a><\/figcaption><\/figure>\n\n\n\n

Crypto Regulation In Germany Is A Work In Progress<\/h2>\n\n\n\n

CEO of KuCoin Johnny Lyu belives the report clearly highlights the growing demand for cryptocurrencies within Germany. <\/p>\n\n\n\n

The German government were the first one to recognize Bitcoins as a \u201cunit of value and could be classified as a financial instrument,\u201d although they have had only \u201csome success in regulating crypto,\u201d states Lyu.  <\/p>\n\n\n\n

The official report reads that it is \"easy for individuals to invest in cryptocurrency\" in Germany and crypto gains are tax exempt if they've been held for over a year.<\/p>\n\n\n\n

\u201cCryptocurrencies are very popular among the supporters of the accumulation strategy, especially among the younger generation. They prefer to save for retirement on their own and diversify their savings through the use of cryptocurrencies.\u201d<\/em><\/p>Into the Cryptoverse Report<\/cite><\/blockquote>\n","post_title":"Crypto Adoption Rates Rising In Germany: Report","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"crypto-adoption-rates-rising-in-germany-report","to_ping":"","pinged":"","post_modified":"2023-04-11 12:50:14","post_modified_gmt":"2023-04-11 02:50:14","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=4132","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":4127,"post_author":"1","post_date":"2022-03-28 11:32:56","post_date_gmt":"2022-03-28 00:32:56","post_content":"\n

Bitcoin has pumped<\/a> to a high of $46,826. This is the coin's highest price since January 1st of this year when it reached $47,686.<\/p>\n\n\n\n

\"\"
Bitcoin Price Data (28th March) - Source: CoinMarketCap<\/a><\/figcaption><\/figure>\n\n\n\n

The breakout of Bitcoin can be linked to the socio-economics currently taking place in the world. With the war against Ukraine, crypto has become an outlet for war-torn victims who cannot safely use their fiat currencies.<\/p>\n\n\n\n

Ukraine has been able to utilize the decentralized nature of cryptocurrencies to gain support<\/a> for their country, compared to sites like GoFundMe where many pages have been blocked for violating their strict policies.<\/p>\n\n\n\n

Despite Bitcoin being down over 30% from all-time highs, the coin has traded relatively stable in 2022 according to its historical price data. The relationship between Bitcoin and the S&P500 has hit a 17 month high<\/a>, dictating the stability it has seen in comparison to other 'stable' investments.<\/p>\n","post_title":"Bitcoin Reaches $46,000 For First Time Since January","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"bitcoin-reaches-46000-for-first-time-since-january","to_ping":"","pinged":"\nhttps:\/\/www.thedistributed.co\/ukraine-dao-launches-1-1-nft-to-raise-funds-to-help-war-torn-ukrainians\/","post_modified":"2023-04-11 12:50:26","post_modified_gmt":"2023-04-11 02:50:26","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=4127","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":4122,"post_author":"1","post_date":"2022-03-27 22:04:13","post_date_gmt":"2022-03-27 11:04:13","post_content":"\n

The US Department of Justice (DOJ) <\/a>has announced<\/a> the arrest of two men over a conspiracy to launder money and commit wire fraud \u201cin connection with a million-dollar scheme to defraud purchasers of NFTs advertised as Frosties<\/a>.\u201d<\/p>\n\n\n\n

Suspects Ethan Nguyen (20) and Andre Llacuna (20) were accused of lying about promises that came with the purchase of their NFT collection and withdrawing money from the collection through multiple transactions. Nguyen and Llacuna were identified after they were linked with the IPs linked with Coinbase accounts that the money was withdrawn to through the NFT collection.<\/p>\n\n\n\n

NFT Scam In The Making<\/h2>\n\n\n\n

The official report released by the DOJ details that a total of 8,888 Frosties were released at a floor price of 0.04 ETH (~US$125 at the time). All 8,888 were sold out within 48 minutes of being released making the criminals a cool 356.56 ETH (~US$1,105,000).<\/p>\n\n\n\n

The report by the DOJ outlines that Nguyen and Llacuna \"abruptly abandoned the Frosties NFT project within hours after selling out of Frosties NFTs, deactivated the Frosties website, and transferred approximately $1.1 million in cryptocurrency proceeds from the scheme to various cryptocurrency wallets under their control in multiple transactions designed to obfuscate the original source of funds.\"<\/p>\n\n\n\n

Prior to their arrests, Nguyen and Llacuna were advertising a second NFT project under the name \"Embers\", which had many similarities to the Frosties NFT project. The DOJ believes that this was another \"fraud scheme\".<\/p>\n\n\n\n

Both of the criminals are facing serious time in relation to the scam. This goes to show although cryptocurrencies are based around anonymity, it doesn't allow for illegal acts to stay hidden either.<\/p>\n","post_title":"Frosties NFT Rugpullers Arrested Over A $1.1 Million Scam","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"frosties-nft-rugpullers-arrested-over-a-1-1-million-scam","to_ping":"","pinged":"","post_modified":"2022-03-27 22:51:07","post_modified_gmt":"2022-03-27 11:51:07","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=4122","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":4116,"post_author":"1","post_date":"2022-03-26 17:39:16","post_date_gmt":"2022-03-26 06:39:16","post_content":"\n

According to reports released on Friday, Indian Finance Minister Nirmala Sitharaman has introduced a capital gains tax of 30% on cryptocurrency transactions.\u00a0<\/p>\n\n\n\n

To add, Indians buying or selling crypto will have to pay a 1% tax deducted at source (TDS), as well as taxes on crypto gifts. The bill states that users are not able to take deductions for any losses. <\/p>\n\n\n\n

The crypto taxes will come into effect on April 1, while the TDS will start on July 1.<\/p>\n\n\n\n

\nhttps:\/\/twitter.com\/WatcherGuru\/status\/1507334988164964355?ref_src=twsrc%5Etfw%7Ctwcamp%5Etweetembed%7Ctwterm%5E1507334988164964355%7Ctwgr%5E%7Ctwcon%5Es1_&ref_url=https%3A%2F%2Fen.ethereumworldnews.com%2Findia-heavy-crypto-tax-law%2F\n<\/div><\/figure>\n\n\n\n

The bill was initially proposed<\/a> in Feburary but was met with heavy backlash<\/a> by Indians, calling for changes to the imposed policy.<\/p>\n\n\n\n

The bill was met with criticism in the government, 20+ members of the lower house of Parliment criticized the lack of definition of the word cryptocurrency in the bill arguing that this would \"finish the industry\". Criticisers were met with a sharp response that \"there is no confusing signal\". <\/p>\n\n\n\n

Sitharaman states the main reason for the tax is because people are profiting from it. Despite this Indians are still not able to take deductions for any losses.<\/p>\n\n\n\n

Many cryptocurrency companies and users are considering filing an appeal to the Indian Supreme Court. <\/p>\n","post_title":"Indian Parliament Passes A 30% Crypto Tax Law","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"indian-parliament-passes-a-30-crypto-tax-law","to_ping":"","pinged":"\nhttps:\/\/www.thedistributed.co\/petition-to-reduce-30-tax-on-crypto-gains-in-india-reaches-a-25000-signatures-milestone%ef%bf%bc\/","post_modified":"2022-03-26 17:42:58","post_modified_gmt":"2022-03-26 06:42:58","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=4116","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":4110,"post_author":"1","post_date":"2022-03-26 12:54:51","post_date_gmt":"2022-03-26 01:54:51","post_content":"\n

Google has filed<\/a> a trademark application for a 'Non-Fungible Planet'. Although it seems that the trademark has less to do with cryptocurrencies and more to do with environmental activism.<\/p>\n\n\n\n

The filing is an 'educational' campaign aimed at \u201cproviding information about environmental protection, conservation, energy efficiency, climate change, reducing carbon footprints, environmental issues and sustainability efforts\".<\/p>\n\n\n\n

The project aims to provide \"educational and entertainment services, namely, providing online non-downloadable videos featuring information in the fields of environmental protection, conservation, energy efficiency, climate change, reducing carbon footprints, environmental issues and sustainability efforts.\"<\/p>\n\n\n\n

Non-Fungible Planet is implicative of Non-Fungible Tokens (NFTs<\/a>) which have taken the crypto industry by storm in the last few years. Although the filing itself makes no mention of NFTs. Non-fungible can be defined as something that cannot be replicated like for like, so in reference to Google's campaign, this could be that we only have one planet and mustn't spoil it.<\/p>\n","post_title":"'Non-Fungible Planet' Is Google's Newest Trademark Filing","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"non-fungible-planet-is-googles-newest-trademark-filing","to_ping":"","pinged":"","post_modified":"2022-03-26 17:43:23","post_modified_gmt":"2022-03-26 06:43:23","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=4110","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":4106,"post_author":"1","post_date":"2022-03-25 21:40:55","post_date_gmt":"2022-03-25 10:40:55","post_content":"\n

Bitcoin ATM operator, Bitcoin of America<\/a> announced<\/a> in a press release that their ATMs support the transaction of Dogecoin ($DOGE).<\/p>\n\n\n\n

\nhttps:\/\/twitter.com\/BTCofAmerica\/status\/1506632012454629390?ref_src=twsrc%5Etfw%7Ctwcamp%5Etweetembed%7Ctwterm%5E1506632012454629390%7Ctwgr%5E%7Ctwcon%5Es1_&ref_url=https%3A%2F%2Fu.today%2Fdogecoin-now-added-to-bitcoin-of-america-atms-details\n<\/div><\/figure>\n\n\n\n

After recognizing the popularity of the meme-coin and the attention it could bring, Bitcoin of America added the currency to their BTMs. Dogecoin ($DOGE<\/a>) is now available for transactions alongside Bitcoin ($BTC<\/a>), Ethereum ($ETH<\/a>), and Litecoin ($LTC<\/a>). To date, Bitcoin of America has 1800 plus BTMs across 31 states.\u00a0<\/p>\n\n\n\n

Bitcoin of America has made several updates to its BTMs with the announcement of its new Universal Kiosk.\u00a0The new universal kiosk combines the capabilities of a traditional ATM with a Bitcoin ATM and offers 3 main functions. The first is the traditional ATM feature where customers can dispense cash from a debit card. The second function is being able to\u00a0buy cryptocurrency\u00a0with cash. The last is that customers can sell crypto in return for cash.<\/p>\n\n\n\n

Dogecoin has rallied in the past few days going from $0.123 to a high of $0.140. The current market cap is sitting at US$18 billion.<\/p>\n\n\n\n

\"\"
Dogecoin 2-Day Price Data - Source: CoinMarketCap<\/figcaption><\/figure>\n","post_title":"Bitcoin ATM Operator Now Supports $DOGE","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"bitcoin-atm-operator-now-supports-doge","to_ping":"","pinged":"","post_modified":"2023-04-11 12:50:37","post_modified_gmt":"2023-04-11 02:50:37","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=4106","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":4087,"post_author":"1","post_date":"2022-03-24 23:37:18","post_date_gmt":"2022-03-24 12:37:18","post_content":"\n

In a\u00a0blog post<\/a>\u00a0by Loopring's head of growth, Adam Browman states that \"the GameStop NFT Marketplace has taken its first steps to welcome users, and it is built atop Loopring!\"<\/p>\n\n\n\n

Browman believes that the project \"has the potential to cement itself at the forefront of this new paradigm and become the destination for global digital economies.\" The blog post states that users can get early access to the project now to set up usernames and profiles, as well as make their first deposits.<\/p>\n\n\n\n

GameStop and NFTs<\/h2>\n\n\n\n

Rumors circulating since November\u00a0suggested that Loopring might be working with GameStop on a metaverse-related project. The Wall Street Journal\u00a0reported<\/a> in January\u00a0that GameStop was planning to build a new team focused on NFTs.<\/p>\n\n\n\n

Soon after that announcement, GameStop mentioned Immuntable X as their primary partner for the project. Despite this fact, Loopring was mentioned<\/a> at the time in an SEC filing<\/a>.<\/p>\n\n\n\n

According to an article from Decrypt<\/a>, there has been a lot of confusion on the topic and who is powering the NFT marketplace. It turns out that both Loopring and Immutable X are powering the NFT plans of GameStop. Although Immutable X tweeted<\/a> in a thread how they are the \"preferred partner\".<\/p>\n\n\n\n

Immutable mentioned the Loopring integration \u201cwas not a surprise (and we welcome them!).\" The marketplace will act as an aggregator across NFT minting platforms. Although, it appears that Immutable X will receive the most focus on the marketplace being the \"preferred partner\".<\/p>\n\n\n\n

\nhttps:\/\/twitter.com\/Immutable\/status\/1506596126677295108\n<\/div><\/figure>\n\n\n\n

Since the announcement, $LRC<\/a>, the native token of Layer 2 blockchain<\/a> Loopring has soared over 35% to a high of $1.21. Although it is now trading steadily at $1.09. Loopring is currently sitting at a market cap of US$1.46 billion, according to data from CoinMarketCap.<\/p>\n\n\n\n

$IMX<\/a>, the token on the Immutable X blockchain is down 8.9% in the past 24 hours, trading at $2.19, according to data from CoinMarketCap.<\/p>\n\n\n\n

The other company in the mix, GameStop also had a huge day seeing a 14.5% gain to $141 in GME<\/a> stocks. Over 24 million GME shares were traded today alone. <\/p>\n","post_title":"GameStop NFT Marketplace Has Entered Beta, Integrated With Loopring","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"gamestop-nft-marketplace-has-entered-beta-integrated-with-loopring","to_ping":"","pinged":"","post_modified":"2022-03-24 23:37:42","post_modified_gmt":"2022-03-24 12:37:42","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=4087","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":4089,"post_author":"1","post_date":"2022-03-24 22:46:11","post_date_gmt":"2022-03-24 11:46:11","post_content":"\n

Floyd \u2019Money\u2019 Mayweather has re-entered the world of cryptocurrency with the announcement of his 2nd NFT project, dubbed Mayweverse. <\/p>\n\n\n\n

The project will consist of 5 different NFTs, each NFT will have 1000 copies available to mint. Every card has its own rarity, utility, and prizes. <\/p>\n\n\n\n

Despite how good it may sounds, Twitter users were quick to criticize. Floyd was reminded<\/a> of his previous NFT project<\/a>, which made him nearly US$5 million and is now worthless. \u201cYou already have an NFT project, it\u2019s called @RealFloydNFT. You released it last year and then stopped working on it immediately after. Have you been punched in the head so much that you\u2019re forgetting these things now?\u201d<\/p>\n\n\n\n

\nhttps:\/\/twitter.com\/Berke_eth\/status\/1506051809542037506\n<\/div><\/figure>\n\n\n\n

Users were quick to call his bluff<\/a>. Floyd states that he has been working on this for months, although the twitter handle @mayweverse<\/a> was created this month. <\/p>\n\n\n\n

Coffezilla, known for calling out rug pulls and scams within the industry tweeted<\/a> his thoughts on the NFT project. He states \"Floyd Mayweather is frantically deleting evidence of his last NFT scam. He's getting roasted by the investors.\" <\/p>\n\n\n\n

Will this NFT collection follow in the footsteps of his previous NFT collection and be abandoned, or will he stick by his word?<\/p>\n","post_title":"Floyd Mayweather Re-enters The World Of Crypto With \u2018Mayweverse\u2019 NFT Project","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"floyd-mayweather-re-enters-the-world-of-crypto-with-mayweverse-nft-project","to_ping":"","pinged":"","post_modified":"2022-03-24 23:37:53","post_modified_gmt":"2022-03-24 12:37:53","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=4089","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":4040,"post_author":"1","post_date":"2022-03-23 22:24:41","post_date_gmt":"2022-03-23 11:24:41","post_content":"\n

Crypto.com has announced<\/a> they are the official sponsor of the 2022 FIFA World Cup hosted in Qatar.<\/p>\n\n\n\n

As per their official announcement, Crypto.com will be the exclusive cryptocurrency trading platform sponsor of the event, benefitting from significant brand exposure both within and outside the stadiums.<\/p>\n\n\n\n

\nhttps:\/\/twitter.com\/cryptocom\/status\/1506424728818679808\n<\/div><\/figure>\n\n\n\n

\u201cCrypto.com has already demonstrated a commitment to supporting top-tier teams and leagues, major events and iconic venues across the world, and there is no platform bigger, or with a greater reach and cultural impact, than FIFA\u2019s global platform of football,\u201d<\/p>Kay Madati, FIFA\u2019s Chief Commercial Officer.<\/cite><\/blockquote>\n\n\n\n

In November of 2021, Crypto.com announced they bought the rights to the Staples Arena,<\/a> in a historic deal inked at US$700 million. Crypto.com has also\u00a0partnered with the Australian Football League<\/a>\u00a0in a $25 million deal, signed a $100-million sponsorship with Formula 1, and confirmed a $175 million sponsorship with the UFC.<\/p>\n\n\n\n

CEO and Co-Founder of Crypto.com Kris Marszalek believes that the sponsorship with the FIFA World Cup will \u201cdrive further awareness of Crypto.com globally.\u201d This is just one more addition to their expanding list of sponsorships worldwide.<\/p>\n","post_title":"CryptoCom Is The Main Sponsor Of The 2022 World Cup","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"crypto-com-is-the-main-sponsor-of-the-2022-world-cup","to_ping":"","pinged":"\nhttps:\/\/www.thedistributed.co\/crypto-com-arena-deal-sealed\/","post_modified":"2022-06-06 21:35:19","post_modified_gmt":"2022-06-06 11:35:19","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=4040","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};

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\n

The\u00a0report found that 44% of Germans are motivated to invest in cryptocurrencies to \"be a part of the future of finance\" and hope to become financially independent with the help of cryptocurrencies to improve their family's living conditions.<\/p>\n\n\n\n

30% consider crypto as a reliable store of value whereas 35% of them would do it for the opportunity to earn a passive income. To add, 16% of the country\u2019s population (18 - 60 yrs old) have already invested in crypto or have been trading it within the past six months. Out of those expressing their interests, 77% of the 'crypto-curious' are researching potential assets to invest in and 31% of the same group plans to start lending their cryptocurrencies through staking.<\/p>\n\n\n\n

The report also found that \"69% of crypto investors are men, while women account for 53% of the crypto-curious.\" This shows the growing interest in cryptocurrencies in German females. BlockFi found<\/a> that in the U.S.A. almost a third of women were planning to invest in crypto by the end of the year.<\/p>\n\n\n\n

Profile of Crypto Investors & Crypto-Curious<\/h3>\n\n\n\n
\"\"
Source: KuCoin's Into the Cryptoverse Report<\/a><\/figcaption><\/figure>\n\n\n\n

Crypto Regulation In Germany Is A Work In Progress<\/h2>\n\n\n\n

CEO of KuCoin Johnny Lyu belives the report clearly highlights the growing demand for cryptocurrencies within Germany. <\/p>\n\n\n\n

The German government were the first one to recognize Bitcoins as a \u201cunit of value and could be classified as a financial instrument,\u201d although they have had only \u201csome success in regulating crypto,\u201d states Lyu.  <\/p>\n\n\n\n

The official report reads that it is \"easy for individuals to invest in cryptocurrency\" in Germany and crypto gains are tax exempt if they've been held for over a year.<\/p>\n\n\n\n

\u201cCryptocurrencies are very popular among the supporters of the accumulation strategy, especially among the younger generation. They prefer to save for retirement on their own and diversify their savings through the use of cryptocurrencies.\u201d<\/em><\/p>Into the Cryptoverse Report<\/cite><\/blockquote>\n","post_title":"Crypto Adoption Rates Rising In Germany: Report","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"crypto-adoption-rates-rising-in-germany-report","to_ping":"","pinged":"","post_modified":"2023-04-11 12:50:14","post_modified_gmt":"2023-04-11 02:50:14","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=4132","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":4127,"post_author":"1","post_date":"2022-03-28 11:32:56","post_date_gmt":"2022-03-28 00:32:56","post_content":"\n

Bitcoin has pumped<\/a> to a high of $46,826. This is the coin's highest price since January 1st of this year when it reached $47,686.<\/p>\n\n\n\n

\"\"
Bitcoin Price Data (28th March) - Source: CoinMarketCap<\/a><\/figcaption><\/figure>\n\n\n\n

The breakout of Bitcoin can be linked to the socio-economics currently taking place in the world. With the war against Ukraine, crypto has become an outlet for war-torn victims who cannot safely use their fiat currencies.<\/p>\n\n\n\n

Ukraine has been able to utilize the decentralized nature of cryptocurrencies to gain support<\/a> for their country, compared to sites like GoFundMe where many pages have been blocked for violating their strict policies.<\/p>\n\n\n\n

Despite Bitcoin being down over 30% from all-time highs, the coin has traded relatively stable in 2022 according to its historical price data. The relationship between Bitcoin and the S&P500 has hit a 17 month high<\/a>, dictating the stability it has seen in comparison to other 'stable' investments.<\/p>\n","post_title":"Bitcoin Reaches $46,000 For First Time Since January","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"bitcoin-reaches-46000-for-first-time-since-january","to_ping":"","pinged":"\nhttps:\/\/www.thedistributed.co\/ukraine-dao-launches-1-1-nft-to-raise-funds-to-help-war-torn-ukrainians\/","post_modified":"2023-04-11 12:50:26","post_modified_gmt":"2023-04-11 02:50:26","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=4127","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":4122,"post_author":"1","post_date":"2022-03-27 22:04:13","post_date_gmt":"2022-03-27 11:04:13","post_content":"\n

The US Department of Justice (DOJ) <\/a>has announced<\/a> the arrest of two men over a conspiracy to launder money and commit wire fraud \u201cin connection with a million-dollar scheme to defraud purchasers of NFTs advertised as Frosties<\/a>.\u201d<\/p>\n\n\n\n

Suspects Ethan Nguyen (20) and Andre Llacuna (20) were accused of lying about promises that came with the purchase of their NFT collection and withdrawing money from the collection through multiple transactions. Nguyen and Llacuna were identified after they were linked with the IPs linked with Coinbase accounts that the money was withdrawn to through the NFT collection.<\/p>\n\n\n\n

NFT Scam In The Making<\/h2>\n\n\n\n

The official report released by the DOJ details that a total of 8,888 Frosties were released at a floor price of 0.04 ETH (~US$125 at the time). All 8,888 were sold out within 48 minutes of being released making the criminals a cool 356.56 ETH (~US$1,105,000).<\/p>\n\n\n\n

The report by the DOJ outlines that Nguyen and Llacuna \"abruptly abandoned the Frosties NFT project within hours after selling out of Frosties NFTs, deactivated the Frosties website, and transferred approximately $1.1 million in cryptocurrency proceeds from the scheme to various cryptocurrency wallets under their control in multiple transactions designed to obfuscate the original source of funds.\"<\/p>\n\n\n\n

Prior to their arrests, Nguyen and Llacuna were advertising a second NFT project under the name \"Embers\", which had many similarities to the Frosties NFT project. The DOJ believes that this was another \"fraud scheme\".<\/p>\n\n\n\n

Both of the criminals are facing serious time in relation to the scam. This goes to show although cryptocurrencies are based around anonymity, it doesn't allow for illegal acts to stay hidden either.<\/p>\n","post_title":"Frosties NFT Rugpullers Arrested Over A $1.1 Million Scam","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"frosties-nft-rugpullers-arrested-over-a-1-1-million-scam","to_ping":"","pinged":"","post_modified":"2022-03-27 22:51:07","post_modified_gmt":"2022-03-27 11:51:07","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=4122","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":4116,"post_author":"1","post_date":"2022-03-26 17:39:16","post_date_gmt":"2022-03-26 06:39:16","post_content":"\n

According to reports released on Friday, Indian Finance Minister Nirmala Sitharaman has introduced a capital gains tax of 30% on cryptocurrency transactions.\u00a0<\/p>\n\n\n\n

To add, Indians buying or selling crypto will have to pay a 1% tax deducted at source (TDS), as well as taxes on crypto gifts. The bill states that users are not able to take deductions for any losses. <\/p>\n\n\n\n

The crypto taxes will come into effect on April 1, while the TDS will start on July 1.<\/p>\n\n\n\n

\nhttps:\/\/twitter.com\/WatcherGuru\/status\/1507334988164964355?ref_src=twsrc%5Etfw%7Ctwcamp%5Etweetembed%7Ctwterm%5E1507334988164964355%7Ctwgr%5E%7Ctwcon%5Es1_&ref_url=https%3A%2F%2Fen.ethereumworldnews.com%2Findia-heavy-crypto-tax-law%2F\n<\/div><\/figure>\n\n\n\n

The bill was initially proposed<\/a> in Feburary but was met with heavy backlash<\/a> by Indians, calling for changes to the imposed policy.<\/p>\n\n\n\n

The bill was met with criticism in the government, 20+ members of the lower house of Parliment criticized the lack of definition of the word cryptocurrency in the bill arguing that this would \"finish the industry\". Criticisers were met with a sharp response that \"there is no confusing signal\". <\/p>\n\n\n\n

Sitharaman states the main reason for the tax is because people are profiting from it. Despite this Indians are still not able to take deductions for any losses.<\/p>\n\n\n\n

Many cryptocurrency companies and users are considering filing an appeal to the Indian Supreme Court. <\/p>\n","post_title":"Indian Parliament Passes A 30% Crypto Tax Law","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"indian-parliament-passes-a-30-crypto-tax-law","to_ping":"","pinged":"\nhttps:\/\/www.thedistributed.co\/petition-to-reduce-30-tax-on-crypto-gains-in-india-reaches-a-25000-signatures-milestone%ef%bf%bc\/","post_modified":"2022-03-26 17:42:58","post_modified_gmt":"2022-03-26 06:42:58","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=4116","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":4110,"post_author":"1","post_date":"2022-03-26 12:54:51","post_date_gmt":"2022-03-26 01:54:51","post_content":"\n

Google has filed<\/a> a trademark application for a 'Non-Fungible Planet'. Although it seems that the trademark has less to do with cryptocurrencies and more to do with environmental activism.<\/p>\n\n\n\n

The filing is an 'educational' campaign aimed at \u201cproviding information about environmental protection, conservation, energy efficiency, climate change, reducing carbon footprints, environmental issues and sustainability efforts\".<\/p>\n\n\n\n

The project aims to provide \"educational and entertainment services, namely, providing online non-downloadable videos featuring information in the fields of environmental protection, conservation, energy efficiency, climate change, reducing carbon footprints, environmental issues and sustainability efforts.\"<\/p>\n\n\n\n

Non-Fungible Planet is implicative of Non-Fungible Tokens (NFTs<\/a>) which have taken the crypto industry by storm in the last few years. Although the filing itself makes no mention of NFTs. Non-fungible can be defined as something that cannot be replicated like for like, so in reference to Google's campaign, this could be that we only have one planet and mustn't spoil it.<\/p>\n","post_title":"'Non-Fungible Planet' Is Google's Newest Trademark Filing","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"non-fungible-planet-is-googles-newest-trademark-filing","to_ping":"","pinged":"","post_modified":"2022-03-26 17:43:23","post_modified_gmt":"2022-03-26 06:43:23","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=4110","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":4106,"post_author":"1","post_date":"2022-03-25 21:40:55","post_date_gmt":"2022-03-25 10:40:55","post_content":"\n

Bitcoin ATM operator, Bitcoin of America<\/a> announced<\/a> in a press release that their ATMs support the transaction of Dogecoin ($DOGE).<\/p>\n\n\n\n

\nhttps:\/\/twitter.com\/BTCofAmerica\/status\/1506632012454629390?ref_src=twsrc%5Etfw%7Ctwcamp%5Etweetembed%7Ctwterm%5E1506632012454629390%7Ctwgr%5E%7Ctwcon%5Es1_&ref_url=https%3A%2F%2Fu.today%2Fdogecoin-now-added-to-bitcoin-of-america-atms-details\n<\/div><\/figure>\n\n\n\n

After recognizing the popularity of the meme-coin and the attention it could bring, Bitcoin of America added the currency to their BTMs. Dogecoin ($DOGE<\/a>) is now available for transactions alongside Bitcoin ($BTC<\/a>), Ethereum ($ETH<\/a>), and Litecoin ($LTC<\/a>). To date, Bitcoin of America has 1800 plus BTMs across 31 states.\u00a0<\/p>\n\n\n\n

Bitcoin of America has made several updates to its BTMs with the announcement of its new Universal Kiosk.\u00a0The new universal kiosk combines the capabilities of a traditional ATM with a Bitcoin ATM and offers 3 main functions. The first is the traditional ATM feature where customers can dispense cash from a debit card. The second function is being able to\u00a0buy cryptocurrency\u00a0with cash. The last is that customers can sell crypto in return for cash.<\/p>\n\n\n\n

Dogecoin has rallied in the past few days going from $0.123 to a high of $0.140. The current market cap is sitting at US$18 billion.<\/p>\n\n\n\n

\"\"
Dogecoin 2-Day Price Data - Source: CoinMarketCap<\/figcaption><\/figure>\n","post_title":"Bitcoin ATM Operator Now Supports $DOGE","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"bitcoin-atm-operator-now-supports-doge","to_ping":"","pinged":"","post_modified":"2023-04-11 12:50:37","post_modified_gmt":"2023-04-11 02:50:37","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=4106","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":4087,"post_author":"1","post_date":"2022-03-24 23:37:18","post_date_gmt":"2022-03-24 12:37:18","post_content":"\n

In a\u00a0blog post<\/a>\u00a0by Loopring's head of growth, Adam Browman states that \"the GameStop NFT Marketplace has taken its first steps to welcome users, and it is built atop Loopring!\"<\/p>\n\n\n\n

Browman believes that the project \"has the potential to cement itself at the forefront of this new paradigm and become the destination for global digital economies.\" The blog post states that users can get early access to the project now to set up usernames and profiles, as well as make their first deposits.<\/p>\n\n\n\n

GameStop and NFTs<\/h2>\n\n\n\n

Rumors circulating since November\u00a0suggested that Loopring might be working with GameStop on a metaverse-related project. The Wall Street Journal\u00a0reported<\/a> in January\u00a0that GameStop was planning to build a new team focused on NFTs.<\/p>\n\n\n\n

Soon after that announcement, GameStop mentioned Immuntable X as their primary partner for the project. Despite this fact, Loopring was mentioned<\/a> at the time in an SEC filing<\/a>.<\/p>\n\n\n\n

According to an article from Decrypt<\/a>, there has been a lot of confusion on the topic and who is powering the NFT marketplace. It turns out that both Loopring and Immutable X are powering the NFT plans of GameStop. Although Immutable X tweeted<\/a> in a thread how they are the \"preferred partner\".<\/p>\n\n\n\n

Immutable mentioned the Loopring integration \u201cwas not a surprise (and we welcome them!).\" The marketplace will act as an aggregator across NFT minting platforms. Although, it appears that Immutable X will receive the most focus on the marketplace being the \"preferred partner\".<\/p>\n\n\n\n

\nhttps:\/\/twitter.com\/Immutable\/status\/1506596126677295108\n<\/div><\/figure>\n\n\n\n

Since the announcement, $LRC<\/a>, the native token of Layer 2 blockchain<\/a> Loopring has soared over 35% to a high of $1.21. Although it is now trading steadily at $1.09. Loopring is currently sitting at a market cap of US$1.46 billion, according to data from CoinMarketCap.<\/p>\n\n\n\n

$IMX<\/a>, the token on the Immutable X blockchain is down 8.9% in the past 24 hours, trading at $2.19, according to data from CoinMarketCap.<\/p>\n\n\n\n

The other company in the mix, GameStop also had a huge day seeing a 14.5% gain to $141 in GME<\/a> stocks. Over 24 million GME shares were traded today alone. <\/p>\n","post_title":"GameStop NFT Marketplace Has Entered Beta, Integrated With Loopring","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"gamestop-nft-marketplace-has-entered-beta-integrated-with-loopring","to_ping":"","pinged":"","post_modified":"2022-03-24 23:37:42","post_modified_gmt":"2022-03-24 12:37:42","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=4087","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":4089,"post_author":"1","post_date":"2022-03-24 22:46:11","post_date_gmt":"2022-03-24 11:46:11","post_content":"\n

Floyd \u2019Money\u2019 Mayweather has re-entered the world of cryptocurrency with the announcement of his 2nd NFT project, dubbed Mayweverse. <\/p>\n\n\n\n

The project will consist of 5 different NFTs, each NFT will have 1000 copies available to mint. Every card has its own rarity, utility, and prizes. <\/p>\n\n\n\n

Despite how good it may sounds, Twitter users were quick to criticize. Floyd was reminded<\/a> of his previous NFT project<\/a>, which made him nearly US$5 million and is now worthless. \u201cYou already have an NFT project, it\u2019s called @RealFloydNFT. You released it last year and then stopped working on it immediately after. Have you been punched in the head so much that you\u2019re forgetting these things now?\u201d<\/p>\n\n\n\n

\nhttps:\/\/twitter.com\/Berke_eth\/status\/1506051809542037506\n<\/div><\/figure>\n\n\n\n

Users were quick to call his bluff<\/a>. Floyd states that he has been working on this for months, although the twitter handle @mayweverse<\/a> was created this month. <\/p>\n\n\n\n

Coffezilla, known for calling out rug pulls and scams within the industry tweeted<\/a> his thoughts on the NFT project. He states \"Floyd Mayweather is frantically deleting evidence of his last NFT scam. He's getting roasted by the investors.\" <\/p>\n\n\n\n

Will this NFT collection follow in the footsteps of his previous NFT collection and be abandoned, or will he stick by his word?<\/p>\n","post_title":"Floyd Mayweather Re-enters The World Of Crypto With \u2018Mayweverse\u2019 NFT Project","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"floyd-mayweather-re-enters-the-world-of-crypto-with-mayweverse-nft-project","to_ping":"","pinged":"","post_modified":"2022-03-24 23:37:53","post_modified_gmt":"2022-03-24 12:37:53","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=4089","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":4040,"post_author":"1","post_date":"2022-03-23 22:24:41","post_date_gmt":"2022-03-23 11:24:41","post_content":"\n

Crypto.com has announced<\/a> they are the official sponsor of the 2022 FIFA World Cup hosted in Qatar.<\/p>\n\n\n\n

As per their official announcement, Crypto.com will be the exclusive cryptocurrency trading platform sponsor of the event, benefitting from significant brand exposure both within and outside the stadiums.<\/p>\n\n\n\n

\nhttps:\/\/twitter.com\/cryptocom\/status\/1506424728818679808\n<\/div><\/figure>\n\n\n\n

\u201cCrypto.com has already demonstrated a commitment to supporting top-tier teams and leagues, major events and iconic venues across the world, and there is no platform bigger, or with a greater reach and cultural impact, than FIFA\u2019s global platform of football,\u201d<\/p>Kay Madati, FIFA\u2019s Chief Commercial Officer.<\/cite><\/blockquote>\n\n\n\n

In November of 2021, Crypto.com announced they bought the rights to the Staples Arena,<\/a> in a historic deal inked at US$700 million. Crypto.com has also\u00a0partnered with the Australian Football League<\/a>\u00a0in a $25 million deal, signed a $100-million sponsorship with Formula 1, and confirmed a $175 million sponsorship with the UFC.<\/p>\n\n\n\n

CEO and Co-Founder of Crypto.com Kris Marszalek believes that the sponsorship with the FIFA World Cup will \u201cdrive further awareness of Crypto.com globally.\u201d This is just one more addition to their expanding list of sponsorships worldwide.<\/p>\n","post_title":"CryptoCom Is The Main Sponsor Of The 2022 World Cup","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"crypto-com-is-the-main-sponsor-of-the-2022-world-cup","to_ping":"","pinged":"\nhttps:\/\/www.thedistributed.co\/crypto-com-arena-deal-sealed\/","post_modified":"2022-06-06 21:35:19","post_modified_gmt":"2022-06-06 11:35:19","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=4040","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};

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\n

Adoption Of Cryptocurrencies In Germany<\/h2>\n\n\n\n

The\u00a0report found that 44% of Germans are motivated to invest in cryptocurrencies to \"be a part of the future of finance\" and hope to become financially independent with the help of cryptocurrencies to improve their family's living conditions.<\/p>\n\n\n\n

30% consider crypto as a reliable store of value whereas 35% of them would do it for the opportunity to earn a passive income. To add, 16% of the country\u2019s population (18 - 60 yrs old) have already invested in crypto or have been trading it within the past six months. Out of those expressing their interests, 77% of the 'crypto-curious' are researching potential assets to invest in and 31% of the same group plans to start lending their cryptocurrencies through staking.<\/p>\n\n\n\n

The report also found that \"69% of crypto investors are men, while women account for 53% of the crypto-curious.\" This shows the growing interest in cryptocurrencies in German females. BlockFi found<\/a> that in the U.S.A. almost a third of women were planning to invest in crypto by the end of the year.<\/p>\n\n\n\n

Profile of Crypto Investors & Crypto-Curious<\/h3>\n\n\n\n
\"\"
Source: KuCoin's Into the Cryptoverse Report<\/a><\/figcaption><\/figure>\n\n\n\n

Crypto Regulation In Germany Is A Work In Progress<\/h2>\n\n\n\n

CEO of KuCoin Johnny Lyu belives the report clearly highlights the growing demand for cryptocurrencies within Germany. <\/p>\n\n\n\n

The German government were the first one to recognize Bitcoins as a \u201cunit of value and could be classified as a financial instrument,\u201d although they have had only \u201csome success in regulating crypto,\u201d states Lyu.  <\/p>\n\n\n\n

The official report reads that it is \"easy for individuals to invest in cryptocurrency\" in Germany and crypto gains are tax exempt if they've been held for over a year.<\/p>\n\n\n\n

\u201cCryptocurrencies are very popular among the supporters of the accumulation strategy, especially among the younger generation. They prefer to save for retirement on their own and diversify their savings through the use of cryptocurrencies.\u201d<\/em><\/p>Into the Cryptoverse Report<\/cite><\/blockquote>\n","post_title":"Crypto Adoption Rates Rising In Germany: Report","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"crypto-adoption-rates-rising-in-germany-report","to_ping":"","pinged":"","post_modified":"2023-04-11 12:50:14","post_modified_gmt":"2023-04-11 02:50:14","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=4132","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":4127,"post_author":"1","post_date":"2022-03-28 11:32:56","post_date_gmt":"2022-03-28 00:32:56","post_content":"\n

Bitcoin has pumped<\/a> to a high of $46,826. This is the coin's highest price since January 1st of this year when it reached $47,686.<\/p>\n\n\n\n

\"\"
Bitcoin Price Data (28th March) - Source: CoinMarketCap<\/a><\/figcaption><\/figure>\n\n\n\n

The breakout of Bitcoin can be linked to the socio-economics currently taking place in the world. With the war against Ukraine, crypto has become an outlet for war-torn victims who cannot safely use their fiat currencies.<\/p>\n\n\n\n

Ukraine has been able to utilize the decentralized nature of cryptocurrencies to gain support<\/a> for their country, compared to sites like GoFundMe where many pages have been blocked for violating their strict policies.<\/p>\n\n\n\n

Despite Bitcoin being down over 30% from all-time highs, the coin has traded relatively stable in 2022 according to its historical price data. The relationship between Bitcoin and the S&P500 has hit a 17 month high<\/a>, dictating the stability it has seen in comparison to other 'stable' investments.<\/p>\n","post_title":"Bitcoin Reaches $46,000 For First Time Since January","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"bitcoin-reaches-46000-for-first-time-since-january","to_ping":"","pinged":"\nhttps:\/\/www.thedistributed.co\/ukraine-dao-launches-1-1-nft-to-raise-funds-to-help-war-torn-ukrainians\/","post_modified":"2023-04-11 12:50:26","post_modified_gmt":"2023-04-11 02:50:26","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=4127","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":4122,"post_author":"1","post_date":"2022-03-27 22:04:13","post_date_gmt":"2022-03-27 11:04:13","post_content":"\n

The US Department of Justice (DOJ) <\/a>has announced<\/a> the arrest of two men over a conspiracy to launder money and commit wire fraud \u201cin connection with a million-dollar scheme to defraud purchasers of NFTs advertised as Frosties<\/a>.\u201d<\/p>\n\n\n\n

Suspects Ethan Nguyen (20) and Andre Llacuna (20) were accused of lying about promises that came with the purchase of their NFT collection and withdrawing money from the collection through multiple transactions. Nguyen and Llacuna were identified after they were linked with the IPs linked with Coinbase accounts that the money was withdrawn to through the NFT collection.<\/p>\n\n\n\n

NFT Scam In The Making<\/h2>\n\n\n\n

The official report released by the DOJ details that a total of 8,888 Frosties were released at a floor price of 0.04 ETH (~US$125 at the time). All 8,888 were sold out within 48 minutes of being released making the criminals a cool 356.56 ETH (~US$1,105,000).<\/p>\n\n\n\n

The report by the DOJ outlines that Nguyen and Llacuna \"abruptly abandoned the Frosties NFT project within hours after selling out of Frosties NFTs, deactivated the Frosties website, and transferred approximately $1.1 million in cryptocurrency proceeds from the scheme to various cryptocurrency wallets under their control in multiple transactions designed to obfuscate the original source of funds.\"<\/p>\n\n\n\n

Prior to their arrests, Nguyen and Llacuna were advertising a second NFT project under the name \"Embers\", which had many similarities to the Frosties NFT project. The DOJ believes that this was another \"fraud scheme\".<\/p>\n\n\n\n

Both of the criminals are facing serious time in relation to the scam. This goes to show although cryptocurrencies are based around anonymity, it doesn't allow for illegal acts to stay hidden either.<\/p>\n","post_title":"Frosties NFT Rugpullers Arrested Over A $1.1 Million Scam","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"frosties-nft-rugpullers-arrested-over-a-1-1-million-scam","to_ping":"","pinged":"","post_modified":"2022-03-27 22:51:07","post_modified_gmt":"2022-03-27 11:51:07","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=4122","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":4116,"post_author":"1","post_date":"2022-03-26 17:39:16","post_date_gmt":"2022-03-26 06:39:16","post_content":"\n

According to reports released on Friday, Indian Finance Minister Nirmala Sitharaman has introduced a capital gains tax of 30% on cryptocurrency transactions.\u00a0<\/p>\n\n\n\n

To add, Indians buying or selling crypto will have to pay a 1% tax deducted at source (TDS), as well as taxes on crypto gifts. The bill states that users are not able to take deductions for any losses. <\/p>\n\n\n\n

The crypto taxes will come into effect on April 1, while the TDS will start on July 1.<\/p>\n\n\n\n

\nhttps:\/\/twitter.com\/WatcherGuru\/status\/1507334988164964355?ref_src=twsrc%5Etfw%7Ctwcamp%5Etweetembed%7Ctwterm%5E1507334988164964355%7Ctwgr%5E%7Ctwcon%5Es1_&ref_url=https%3A%2F%2Fen.ethereumworldnews.com%2Findia-heavy-crypto-tax-law%2F\n<\/div><\/figure>\n\n\n\n

The bill was initially proposed<\/a> in Feburary but was met with heavy backlash<\/a> by Indians, calling for changes to the imposed policy.<\/p>\n\n\n\n

The bill was met with criticism in the government, 20+ members of the lower house of Parliment criticized the lack of definition of the word cryptocurrency in the bill arguing that this would \"finish the industry\". Criticisers were met with a sharp response that \"there is no confusing signal\". <\/p>\n\n\n\n

Sitharaman states the main reason for the tax is because people are profiting from it. Despite this Indians are still not able to take deductions for any losses.<\/p>\n\n\n\n

Many cryptocurrency companies and users are considering filing an appeal to the Indian Supreme Court. <\/p>\n","post_title":"Indian Parliament Passes A 30% Crypto Tax Law","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"indian-parliament-passes-a-30-crypto-tax-law","to_ping":"","pinged":"\nhttps:\/\/www.thedistributed.co\/petition-to-reduce-30-tax-on-crypto-gains-in-india-reaches-a-25000-signatures-milestone%ef%bf%bc\/","post_modified":"2022-03-26 17:42:58","post_modified_gmt":"2022-03-26 06:42:58","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=4116","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":4110,"post_author":"1","post_date":"2022-03-26 12:54:51","post_date_gmt":"2022-03-26 01:54:51","post_content":"\n

Google has filed<\/a> a trademark application for a 'Non-Fungible Planet'. Although it seems that the trademark has less to do with cryptocurrencies and more to do with environmental activism.<\/p>\n\n\n\n

The filing is an 'educational' campaign aimed at \u201cproviding information about environmental protection, conservation, energy efficiency, climate change, reducing carbon footprints, environmental issues and sustainability efforts\".<\/p>\n\n\n\n

The project aims to provide \"educational and entertainment services, namely, providing online non-downloadable videos featuring information in the fields of environmental protection, conservation, energy efficiency, climate change, reducing carbon footprints, environmental issues and sustainability efforts.\"<\/p>\n\n\n\n

Non-Fungible Planet is implicative of Non-Fungible Tokens (NFTs<\/a>) which have taken the crypto industry by storm in the last few years. Although the filing itself makes no mention of NFTs. Non-fungible can be defined as something that cannot be replicated like for like, so in reference to Google's campaign, this could be that we only have one planet and mustn't spoil it.<\/p>\n","post_title":"'Non-Fungible Planet' Is Google's Newest Trademark Filing","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"non-fungible-planet-is-googles-newest-trademark-filing","to_ping":"","pinged":"","post_modified":"2022-03-26 17:43:23","post_modified_gmt":"2022-03-26 06:43:23","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=4110","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":4106,"post_author":"1","post_date":"2022-03-25 21:40:55","post_date_gmt":"2022-03-25 10:40:55","post_content":"\n

Bitcoin ATM operator, Bitcoin of America<\/a> announced<\/a> in a press release that their ATMs support the transaction of Dogecoin ($DOGE).<\/p>\n\n\n\n

\nhttps:\/\/twitter.com\/BTCofAmerica\/status\/1506632012454629390?ref_src=twsrc%5Etfw%7Ctwcamp%5Etweetembed%7Ctwterm%5E1506632012454629390%7Ctwgr%5E%7Ctwcon%5Es1_&ref_url=https%3A%2F%2Fu.today%2Fdogecoin-now-added-to-bitcoin-of-america-atms-details\n<\/div><\/figure>\n\n\n\n

After recognizing the popularity of the meme-coin and the attention it could bring, Bitcoin of America added the currency to their BTMs. Dogecoin ($DOGE<\/a>) is now available for transactions alongside Bitcoin ($BTC<\/a>), Ethereum ($ETH<\/a>), and Litecoin ($LTC<\/a>). To date, Bitcoin of America has 1800 plus BTMs across 31 states.\u00a0<\/p>\n\n\n\n

Bitcoin of America has made several updates to its BTMs with the announcement of its new Universal Kiosk.\u00a0The new universal kiosk combines the capabilities of a traditional ATM with a Bitcoin ATM and offers 3 main functions. The first is the traditional ATM feature where customers can dispense cash from a debit card. The second function is being able to\u00a0buy cryptocurrency\u00a0with cash. The last is that customers can sell crypto in return for cash.<\/p>\n\n\n\n

Dogecoin has rallied in the past few days going from $0.123 to a high of $0.140. The current market cap is sitting at US$18 billion.<\/p>\n\n\n\n

\"\"
Dogecoin 2-Day Price Data - Source: CoinMarketCap<\/figcaption><\/figure>\n","post_title":"Bitcoin ATM Operator Now Supports $DOGE","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"bitcoin-atm-operator-now-supports-doge","to_ping":"","pinged":"","post_modified":"2023-04-11 12:50:37","post_modified_gmt":"2023-04-11 02:50:37","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=4106","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":4087,"post_author":"1","post_date":"2022-03-24 23:37:18","post_date_gmt":"2022-03-24 12:37:18","post_content":"\n

In a\u00a0blog post<\/a>\u00a0by Loopring's head of growth, Adam Browman states that \"the GameStop NFT Marketplace has taken its first steps to welcome users, and it is built atop Loopring!\"<\/p>\n\n\n\n

Browman believes that the project \"has the potential to cement itself at the forefront of this new paradigm and become the destination for global digital economies.\" The blog post states that users can get early access to the project now to set up usernames and profiles, as well as make their first deposits.<\/p>\n\n\n\n

GameStop and NFTs<\/h2>\n\n\n\n

Rumors circulating since November\u00a0suggested that Loopring might be working with GameStop on a metaverse-related project. The Wall Street Journal\u00a0reported<\/a> in January\u00a0that GameStop was planning to build a new team focused on NFTs.<\/p>\n\n\n\n

Soon after that announcement, GameStop mentioned Immuntable X as their primary partner for the project. Despite this fact, Loopring was mentioned<\/a> at the time in an SEC filing<\/a>.<\/p>\n\n\n\n

According to an article from Decrypt<\/a>, there has been a lot of confusion on the topic and who is powering the NFT marketplace. It turns out that both Loopring and Immutable X are powering the NFT plans of GameStop. Although Immutable X tweeted<\/a> in a thread how they are the \"preferred partner\".<\/p>\n\n\n\n

Immutable mentioned the Loopring integration \u201cwas not a surprise (and we welcome them!).\" The marketplace will act as an aggregator across NFT minting platforms. Although, it appears that Immutable X will receive the most focus on the marketplace being the \"preferred partner\".<\/p>\n\n\n\n

\nhttps:\/\/twitter.com\/Immutable\/status\/1506596126677295108\n<\/div><\/figure>\n\n\n\n

Since the announcement, $LRC<\/a>, the native token of Layer 2 blockchain<\/a> Loopring has soared over 35% to a high of $1.21. Although it is now trading steadily at $1.09. Loopring is currently sitting at a market cap of US$1.46 billion, according to data from CoinMarketCap.<\/p>\n\n\n\n

$IMX<\/a>, the token on the Immutable X blockchain is down 8.9% in the past 24 hours, trading at $2.19, according to data from CoinMarketCap.<\/p>\n\n\n\n

The other company in the mix, GameStop also had a huge day seeing a 14.5% gain to $141 in GME<\/a> stocks. Over 24 million GME shares were traded today alone. <\/p>\n","post_title":"GameStop NFT Marketplace Has Entered Beta, Integrated With Loopring","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"gamestop-nft-marketplace-has-entered-beta-integrated-with-loopring","to_ping":"","pinged":"","post_modified":"2022-03-24 23:37:42","post_modified_gmt":"2022-03-24 12:37:42","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=4087","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":4089,"post_author":"1","post_date":"2022-03-24 22:46:11","post_date_gmt":"2022-03-24 11:46:11","post_content":"\n

Floyd \u2019Money\u2019 Mayweather has re-entered the world of cryptocurrency with the announcement of his 2nd NFT project, dubbed Mayweverse. <\/p>\n\n\n\n

The project will consist of 5 different NFTs, each NFT will have 1000 copies available to mint. Every card has its own rarity, utility, and prizes. <\/p>\n\n\n\n

Despite how good it may sounds, Twitter users were quick to criticize. Floyd was reminded<\/a> of his previous NFT project<\/a>, which made him nearly US$5 million and is now worthless. \u201cYou already have an NFT project, it\u2019s called @RealFloydNFT. You released it last year and then stopped working on it immediately after. Have you been punched in the head so much that you\u2019re forgetting these things now?\u201d<\/p>\n\n\n\n

\nhttps:\/\/twitter.com\/Berke_eth\/status\/1506051809542037506\n<\/div><\/figure>\n\n\n\n

Users were quick to call his bluff<\/a>. Floyd states that he has been working on this for months, although the twitter handle @mayweverse<\/a> was created this month. <\/p>\n\n\n\n

Coffezilla, known for calling out rug pulls and scams within the industry tweeted<\/a> his thoughts on the NFT project. He states \"Floyd Mayweather is frantically deleting evidence of his last NFT scam. He's getting roasted by the investors.\" <\/p>\n\n\n\n

Will this NFT collection follow in the footsteps of his previous NFT collection and be abandoned, or will he stick by his word?<\/p>\n","post_title":"Floyd Mayweather Re-enters The World Of Crypto With \u2018Mayweverse\u2019 NFT Project","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"floyd-mayweather-re-enters-the-world-of-crypto-with-mayweverse-nft-project","to_ping":"","pinged":"","post_modified":"2022-03-24 23:37:53","post_modified_gmt":"2022-03-24 12:37:53","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=4089","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":4040,"post_author":"1","post_date":"2022-03-23 22:24:41","post_date_gmt":"2022-03-23 11:24:41","post_content":"\n

Crypto.com has announced<\/a> they are the official sponsor of the 2022 FIFA World Cup hosted in Qatar.<\/p>\n\n\n\n

As per their official announcement, Crypto.com will be the exclusive cryptocurrency trading platform sponsor of the event, benefitting from significant brand exposure both within and outside the stadiums.<\/p>\n\n\n\n

\nhttps:\/\/twitter.com\/cryptocom\/status\/1506424728818679808\n<\/div><\/figure>\n\n\n\n

\u201cCrypto.com has already demonstrated a commitment to supporting top-tier teams and leagues, major events and iconic venues across the world, and there is no platform bigger, or with a greater reach and cultural impact, than FIFA\u2019s global platform of football,\u201d<\/p>Kay Madati, FIFA\u2019s Chief Commercial Officer.<\/cite><\/blockquote>\n\n\n\n

In November of 2021, Crypto.com announced they bought the rights to the Staples Arena,<\/a> in a historic deal inked at US$700 million. Crypto.com has also\u00a0partnered with the Australian Football League<\/a>\u00a0in a $25 million deal, signed a $100-million sponsorship with Formula 1, and confirmed a $175 million sponsorship with the UFC.<\/p>\n\n\n\n

CEO and Co-Founder of Crypto.com Kris Marszalek believes that the sponsorship with the FIFA World Cup will \u201cdrive further awareness of Crypto.com globally.\u201d This is just one more addition to their expanding list of sponsorships worldwide.<\/p>\n","post_title":"CryptoCom Is The Main Sponsor Of The 2022 World Cup","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"crypto-com-is-the-main-sponsor-of-the-2022-world-cup","to_ping":"","pinged":"\nhttps:\/\/www.thedistributed.co\/crypto-com-arena-deal-sealed\/","post_modified":"2022-06-06 21:35:19","post_modified_gmt":"2022-06-06 11:35:19","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=4040","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};

1 76 77 78 79 80 85

Most Read

Subscribe To Our Newsletter

By subscribing, you agree with our privacy and terms.

Follow The Distributed

ADVERTISEMENT
\n

Cryptocurrency exchange KuCoin<\/a> has released a report<\/a> titled 'Into the Cryptoverse 2022' and found that almost half of Germans are motivated to invest in cryptocurrencies.<\/p>\n\n\n\n

Adoption Of Cryptocurrencies In Germany<\/h2>\n\n\n\n

The\u00a0report found that 44% of Germans are motivated to invest in cryptocurrencies to \"be a part of the future of finance\" and hope to become financially independent with the help of cryptocurrencies to improve their family's living conditions.<\/p>\n\n\n\n

30% consider crypto as a reliable store of value whereas 35% of them would do it for the opportunity to earn a passive income. To add, 16% of the country\u2019s population (18 - 60 yrs old) have already invested in crypto or have been trading it within the past six months. Out of those expressing their interests, 77% of the 'crypto-curious' are researching potential assets to invest in and 31% of the same group plans to start lending their cryptocurrencies through staking.<\/p>\n\n\n\n

The report also found that \"69% of crypto investors are men, while women account for 53% of the crypto-curious.\" This shows the growing interest in cryptocurrencies in German females. BlockFi found<\/a> that in the U.S.A. almost a third of women were planning to invest in crypto by the end of the year.<\/p>\n\n\n\n

Profile of Crypto Investors & Crypto-Curious<\/h3>\n\n\n\n
\"\"
Source: KuCoin's Into the Cryptoverse Report<\/a><\/figcaption><\/figure>\n\n\n\n

Crypto Regulation In Germany Is A Work In Progress<\/h2>\n\n\n\n

CEO of KuCoin Johnny Lyu belives the report clearly highlights the growing demand for cryptocurrencies within Germany. <\/p>\n\n\n\n

The German government were the first one to recognize Bitcoins as a \u201cunit of value and could be classified as a financial instrument,\u201d although they have had only \u201csome success in regulating crypto,\u201d states Lyu.  <\/p>\n\n\n\n

The official report reads that it is \"easy for individuals to invest in cryptocurrency\" in Germany and crypto gains are tax exempt if they've been held for over a year.<\/p>\n\n\n\n

\u201cCryptocurrencies are very popular among the supporters of the accumulation strategy, especially among the younger generation. They prefer to save for retirement on their own and diversify their savings through the use of cryptocurrencies.\u201d<\/em><\/p>Into the Cryptoverse Report<\/cite><\/blockquote>\n","post_title":"Crypto Adoption Rates Rising In Germany: Report","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"crypto-adoption-rates-rising-in-germany-report","to_ping":"","pinged":"","post_modified":"2023-04-11 12:50:14","post_modified_gmt":"2023-04-11 02:50:14","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=4132","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":4127,"post_author":"1","post_date":"2022-03-28 11:32:56","post_date_gmt":"2022-03-28 00:32:56","post_content":"\n

Bitcoin has pumped<\/a> to a high of $46,826. This is the coin's highest price since January 1st of this year when it reached $47,686.<\/p>\n\n\n\n

\"\"
Bitcoin Price Data (28th March) - Source: CoinMarketCap<\/a><\/figcaption><\/figure>\n\n\n\n

The breakout of Bitcoin can be linked to the socio-economics currently taking place in the world. With the war against Ukraine, crypto has become an outlet for war-torn victims who cannot safely use their fiat currencies.<\/p>\n\n\n\n

Ukraine has been able to utilize the decentralized nature of cryptocurrencies to gain support<\/a> for their country, compared to sites like GoFundMe where many pages have been blocked for violating their strict policies.<\/p>\n\n\n\n

Despite Bitcoin being down over 30% from all-time highs, the coin has traded relatively stable in 2022 according to its historical price data. The relationship between Bitcoin and the S&P500 has hit a 17 month high<\/a>, dictating the stability it has seen in comparison to other 'stable' investments.<\/p>\n","post_title":"Bitcoin Reaches $46,000 For First Time Since January","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"bitcoin-reaches-46000-for-first-time-since-january","to_ping":"","pinged":"\nhttps:\/\/www.thedistributed.co\/ukraine-dao-launches-1-1-nft-to-raise-funds-to-help-war-torn-ukrainians\/","post_modified":"2023-04-11 12:50:26","post_modified_gmt":"2023-04-11 02:50:26","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=4127","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":4122,"post_author":"1","post_date":"2022-03-27 22:04:13","post_date_gmt":"2022-03-27 11:04:13","post_content":"\n

The US Department of Justice (DOJ) <\/a>has announced<\/a> the arrest of two men over a conspiracy to launder money and commit wire fraud \u201cin connection with a million-dollar scheme to defraud purchasers of NFTs advertised as Frosties<\/a>.\u201d<\/p>\n\n\n\n

Suspects Ethan Nguyen (20) and Andre Llacuna (20) were accused of lying about promises that came with the purchase of their NFT collection and withdrawing money from the collection through multiple transactions. Nguyen and Llacuna were identified after they were linked with the IPs linked with Coinbase accounts that the money was withdrawn to through the NFT collection.<\/p>\n\n\n\n

NFT Scam In The Making<\/h2>\n\n\n\n

The official report released by the DOJ details that a total of 8,888 Frosties were released at a floor price of 0.04 ETH (~US$125 at the time). All 8,888 were sold out within 48 minutes of being released making the criminals a cool 356.56 ETH (~US$1,105,000).<\/p>\n\n\n\n

The report by the DOJ outlines that Nguyen and Llacuna \"abruptly abandoned the Frosties NFT project within hours after selling out of Frosties NFTs, deactivated the Frosties website, and transferred approximately $1.1 million in cryptocurrency proceeds from the scheme to various cryptocurrency wallets under their control in multiple transactions designed to obfuscate the original source of funds.\"<\/p>\n\n\n\n

Prior to their arrests, Nguyen and Llacuna were advertising a second NFT project under the name \"Embers\", which had many similarities to the Frosties NFT project. The DOJ believes that this was another \"fraud scheme\".<\/p>\n\n\n\n

Both of the criminals are facing serious time in relation to the scam. This goes to show although cryptocurrencies are based around anonymity, it doesn't allow for illegal acts to stay hidden either.<\/p>\n","post_title":"Frosties NFT Rugpullers Arrested Over A $1.1 Million Scam","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"frosties-nft-rugpullers-arrested-over-a-1-1-million-scam","to_ping":"","pinged":"","post_modified":"2022-03-27 22:51:07","post_modified_gmt":"2022-03-27 11:51:07","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=4122","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":4116,"post_author":"1","post_date":"2022-03-26 17:39:16","post_date_gmt":"2022-03-26 06:39:16","post_content":"\n

According to reports released on Friday, Indian Finance Minister Nirmala Sitharaman has introduced a capital gains tax of 30% on cryptocurrency transactions.\u00a0<\/p>\n\n\n\n

To add, Indians buying or selling crypto will have to pay a 1% tax deducted at source (TDS), as well as taxes on crypto gifts. The bill states that users are not able to take deductions for any losses. <\/p>\n\n\n\n

The crypto taxes will come into effect on April 1, while the TDS will start on July 1.<\/p>\n\n\n\n

\nhttps:\/\/twitter.com\/WatcherGuru\/status\/1507334988164964355?ref_src=twsrc%5Etfw%7Ctwcamp%5Etweetembed%7Ctwterm%5E1507334988164964355%7Ctwgr%5E%7Ctwcon%5Es1_&ref_url=https%3A%2F%2Fen.ethereumworldnews.com%2Findia-heavy-crypto-tax-law%2F\n<\/div><\/figure>\n\n\n\n

The bill was initially proposed<\/a> in Feburary but was met with heavy backlash<\/a> by Indians, calling for changes to the imposed policy.<\/p>\n\n\n\n

The bill was met with criticism in the government, 20+ members of the lower house of Parliment criticized the lack of definition of the word cryptocurrency in the bill arguing that this would \"finish the industry\". Criticisers were met with a sharp response that \"there is no confusing signal\". <\/p>\n\n\n\n

Sitharaman states the main reason for the tax is because people are profiting from it. Despite this Indians are still not able to take deductions for any losses.<\/p>\n\n\n\n

Many cryptocurrency companies and users are considering filing an appeal to the Indian Supreme Court. <\/p>\n","post_title":"Indian Parliament Passes A 30% Crypto Tax Law","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"indian-parliament-passes-a-30-crypto-tax-law","to_ping":"","pinged":"\nhttps:\/\/www.thedistributed.co\/petition-to-reduce-30-tax-on-crypto-gains-in-india-reaches-a-25000-signatures-milestone%ef%bf%bc\/","post_modified":"2022-03-26 17:42:58","post_modified_gmt":"2022-03-26 06:42:58","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=4116","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":4110,"post_author":"1","post_date":"2022-03-26 12:54:51","post_date_gmt":"2022-03-26 01:54:51","post_content":"\n

Google has filed<\/a> a trademark application for a 'Non-Fungible Planet'. Although it seems that the trademark has less to do with cryptocurrencies and more to do with environmental activism.<\/p>\n\n\n\n

The filing is an 'educational' campaign aimed at \u201cproviding information about environmental protection, conservation, energy efficiency, climate change, reducing carbon footprints, environmental issues and sustainability efforts\".<\/p>\n\n\n\n

The project aims to provide \"educational and entertainment services, namely, providing online non-downloadable videos featuring information in the fields of environmental protection, conservation, energy efficiency, climate change, reducing carbon footprints, environmental issues and sustainability efforts.\"<\/p>\n\n\n\n

Non-Fungible Planet is implicative of Non-Fungible Tokens (NFTs<\/a>) which have taken the crypto industry by storm in the last few years. Although the filing itself makes no mention of NFTs. Non-fungible can be defined as something that cannot be replicated like for like, so in reference to Google's campaign, this could be that we only have one planet and mustn't spoil it.<\/p>\n","post_title":"'Non-Fungible Planet' Is Google's Newest Trademark Filing","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"non-fungible-planet-is-googles-newest-trademark-filing","to_ping":"","pinged":"","post_modified":"2022-03-26 17:43:23","post_modified_gmt":"2022-03-26 06:43:23","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=4110","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":4106,"post_author":"1","post_date":"2022-03-25 21:40:55","post_date_gmt":"2022-03-25 10:40:55","post_content":"\n

Bitcoin ATM operator, Bitcoin of America<\/a> announced<\/a> in a press release that their ATMs support the transaction of Dogecoin ($DOGE).<\/p>\n\n\n\n

\nhttps:\/\/twitter.com\/BTCofAmerica\/status\/1506632012454629390?ref_src=twsrc%5Etfw%7Ctwcamp%5Etweetembed%7Ctwterm%5E1506632012454629390%7Ctwgr%5E%7Ctwcon%5Es1_&ref_url=https%3A%2F%2Fu.today%2Fdogecoin-now-added-to-bitcoin-of-america-atms-details\n<\/div><\/figure>\n\n\n\n

After recognizing the popularity of the meme-coin and the attention it could bring, Bitcoin of America added the currency to their BTMs. Dogecoin ($DOGE<\/a>) is now available for transactions alongside Bitcoin ($BTC<\/a>), Ethereum ($ETH<\/a>), and Litecoin ($LTC<\/a>). To date, Bitcoin of America has 1800 plus BTMs across 31 states.\u00a0<\/p>\n\n\n\n

Bitcoin of America has made several updates to its BTMs with the announcement of its new Universal Kiosk.\u00a0The new universal kiosk combines the capabilities of a traditional ATM with a Bitcoin ATM and offers 3 main functions. The first is the traditional ATM feature where customers can dispense cash from a debit card. The second function is being able to\u00a0buy cryptocurrency\u00a0with cash. The last is that customers can sell crypto in return for cash.<\/p>\n\n\n\n

Dogecoin has rallied in the past few days going from $0.123 to a high of $0.140. The current market cap is sitting at US$18 billion.<\/p>\n\n\n\n

\"\"
Dogecoin 2-Day Price Data - Source: CoinMarketCap<\/figcaption><\/figure>\n","post_title":"Bitcoin ATM Operator Now Supports $DOGE","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"bitcoin-atm-operator-now-supports-doge","to_ping":"","pinged":"","post_modified":"2023-04-11 12:50:37","post_modified_gmt":"2023-04-11 02:50:37","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=4106","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":4087,"post_author":"1","post_date":"2022-03-24 23:37:18","post_date_gmt":"2022-03-24 12:37:18","post_content":"\n

In a\u00a0blog post<\/a>\u00a0by Loopring's head of growth, Adam Browman states that \"the GameStop NFT Marketplace has taken its first steps to welcome users, and it is built atop Loopring!\"<\/p>\n\n\n\n

Browman believes that the project \"has the potential to cement itself at the forefront of this new paradigm and become the destination for global digital economies.\" The blog post states that users can get early access to the project now to set up usernames and profiles, as well as make their first deposits.<\/p>\n\n\n\n

GameStop and NFTs<\/h2>\n\n\n\n

Rumors circulating since November\u00a0suggested that Loopring might be working with GameStop on a metaverse-related project. The Wall Street Journal\u00a0reported<\/a> in January\u00a0that GameStop was planning to build a new team focused on NFTs.<\/p>\n\n\n\n

Soon after that announcement, GameStop mentioned Immuntable X as their primary partner for the project. Despite this fact, Loopring was mentioned<\/a> at the time in an SEC filing<\/a>.<\/p>\n\n\n\n

According to an article from Decrypt<\/a>, there has been a lot of confusion on the topic and who is powering the NFT marketplace. It turns out that both Loopring and Immutable X are powering the NFT plans of GameStop. Although Immutable X tweeted<\/a> in a thread how they are the \"preferred partner\".<\/p>\n\n\n\n

Immutable mentioned the Loopring integration \u201cwas not a surprise (and we welcome them!).\" The marketplace will act as an aggregator across NFT minting platforms. Although, it appears that Immutable X will receive the most focus on the marketplace being the \"preferred partner\".<\/p>\n\n\n\n

\nhttps:\/\/twitter.com\/Immutable\/status\/1506596126677295108\n<\/div><\/figure>\n\n\n\n

Since the announcement, $LRC<\/a>, the native token of Layer 2 blockchain<\/a> Loopring has soared over 35% to a high of $1.21. Although it is now trading steadily at $1.09. Loopring is currently sitting at a market cap of US$1.46 billion, according to data from CoinMarketCap.<\/p>\n\n\n\n

$IMX<\/a>, the token on the Immutable X blockchain is down 8.9% in the past 24 hours, trading at $2.19, according to data from CoinMarketCap.<\/p>\n\n\n\n

The other company in the mix, GameStop also had a huge day seeing a 14.5% gain to $141 in GME<\/a> stocks. Over 24 million GME shares were traded today alone. <\/p>\n","post_title":"GameStop NFT Marketplace Has Entered Beta, Integrated With Loopring","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"gamestop-nft-marketplace-has-entered-beta-integrated-with-loopring","to_ping":"","pinged":"","post_modified":"2022-03-24 23:37:42","post_modified_gmt":"2022-03-24 12:37:42","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=4087","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":4089,"post_author":"1","post_date":"2022-03-24 22:46:11","post_date_gmt":"2022-03-24 11:46:11","post_content":"\n

Floyd \u2019Money\u2019 Mayweather has re-entered the world of cryptocurrency with the announcement of his 2nd NFT project, dubbed Mayweverse. <\/p>\n\n\n\n

The project will consist of 5 different NFTs, each NFT will have 1000 copies available to mint. Every card has its own rarity, utility, and prizes. <\/p>\n\n\n\n

Despite how good it may sounds, Twitter users were quick to criticize. Floyd was reminded<\/a> of his previous NFT project<\/a>, which made him nearly US$5 million and is now worthless. \u201cYou already have an NFT project, it\u2019s called @RealFloydNFT. You released it last year and then stopped working on it immediately after. Have you been punched in the head so much that you\u2019re forgetting these things now?\u201d<\/p>\n\n\n\n

\nhttps:\/\/twitter.com\/Berke_eth\/status\/1506051809542037506\n<\/div><\/figure>\n\n\n\n

Users were quick to call his bluff<\/a>. Floyd states that he has been working on this for months, although the twitter handle @mayweverse<\/a> was created this month. <\/p>\n\n\n\n

Coffezilla, known for calling out rug pulls and scams within the industry tweeted<\/a> his thoughts on the NFT project. He states \"Floyd Mayweather is frantically deleting evidence of his last NFT scam. He's getting roasted by the investors.\" <\/p>\n\n\n\n

Will this NFT collection follow in the footsteps of his previous NFT collection and be abandoned, or will he stick by his word?<\/p>\n","post_title":"Floyd Mayweather Re-enters The World Of Crypto With \u2018Mayweverse\u2019 NFT Project","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"floyd-mayweather-re-enters-the-world-of-crypto-with-mayweverse-nft-project","to_ping":"","pinged":"","post_modified":"2022-03-24 23:37:53","post_modified_gmt":"2022-03-24 12:37:53","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=4089","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":4040,"post_author":"1","post_date":"2022-03-23 22:24:41","post_date_gmt":"2022-03-23 11:24:41","post_content":"\n

Crypto.com has announced<\/a> they are the official sponsor of the 2022 FIFA World Cup hosted in Qatar.<\/p>\n\n\n\n

As per their official announcement, Crypto.com will be the exclusive cryptocurrency trading platform sponsor of the event, benefitting from significant brand exposure both within and outside the stadiums.<\/p>\n\n\n\n

\nhttps:\/\/twitter.com\/cryptocom\/status\/1506424728818679808\n<\/div><\/figure>\n\n\n\n

\u201cCrypto.com has already demonstrated a commitment to supporting top-tier teams and leagues, major events and iconic venues across the world, and there is no platform bigger, or with a greater reach and cultural impact, than FIFA\u2019s global platform of football,\u201d<\/p>Kay Madati, FIFA\u2019s Chief Commercial Officer.<\/cite><\/blockquote>\n\n\n\n

In November of 2021, Crypto.com announced they bought the rights to the Staples Arena,<\/a> in a historic deal inked at US$700 million. Crypto.com has also\u00a0partnered with the Australian Football League<\/a>\u00a0in a $25 million deal, signed a $100-million sponsorship with Formula 1, and confirmed a $175 million sponsorship with the UFC.<\/p>\n\n\n\n

CEO and Co-Founder of Crypto.com Kris Marszalek believes that the sponsorship with the FIFA World Cup will \u201cdrive further awareness of Crypto.com globally.\u201d This is just one more addition to their expanding list of sponsorships worldwide.<\/p>\n","post_title":"CryptoCom Is The Main Sponsor Of The 2022 World Cup","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"crypto-com-is-the-main-sponsor-of-the-2022-world-cup","to_ping":"","pinged":"\nhttps:\/\/www.thedistributed.co\/crypto-com-arena-deal-sealed\/","post_modified":"2022-06-06 21:35:19","post_modified_gmt":"2022-06-06 11:35:19","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=4040","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};

1 76 77 78 79 80 85

Most Read

Subscribe To Our Newsletter

By subscribing, you agree with our privacy and terms.

Follow The Distributed

ADVERTISEMENT
\n

Can we see Binance following in the footsteps of Coinbase in the coming years?<\/p>\n","post_title":"Binance U.S. On Route For An IPO","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"binance-u-s-on-route-for-an-ipo","to_ping":"","pinged":"","post_modified":"2022-05-28 18:10:45","post_modified_gmt":"2022-05-28 08:10:45","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=4157","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":4132,"post_author":"1","post_date":"2022-03-28 16:56:18","post_date_gmt":"2022-03-28 05:56:18","post_content":"\n

Cryptocurrency exchange KuCoin<\/a> has released a report<\/a> titled 'Into the Cryptoverse 2022' and found that almost half of Germans are motivated to invest in cryptocurrencies.<\/p>\n\n\n\n

Adoption Of Cryptocurrencies In Germany<\/h2>\n\n\n\n

The\u00a0report found that 44% of Germans are motivated to invest in cryptocurrencies to \"be a part of the future of finance\" and hope to become financially independent with the help of cryptocurrencies to improve their family's living conditions.<\/p>\n\n\n\n

30% consider crypto as a reliable store of value whereas 35% of them would do it for the opportunity to earn a passive income. To add, 16% of the country\u2019s population (18 - 60 yrs old) have already invested in crypto or have been trading it within the past six months. Out of those expressing their interests, 77% of the 'crypto-curious' are researching potential assets to invest in and 31% of the same group plans to start lending their cryptocurrencies through staking.<\/p>\n\n\n\n

The report also found that \"69% of crypto investors are men, while women account for 53% of the crypto-curious.\" This shows the growing interest in cryptocurrencies in German females. BlockFi found<\/a> that in the U.S.A. almost a third of women were planning to invest in crypto by the end of the year.<\/p>\n\n\n\n

Profile of Crypto Investors & Crypto-Curious<\/h3>\n\n\n\n
\"\"
Source: KuCoin's Into the Cryptoverse Report<\/a><\/figcaption><\/figure>\n\n\n\n

Crypto Regulation In Germany Is A Work In Progress<\/h2>\n\n\n\n

CEO of KuCoin Johnny Lyu belives the report clearly highlights the growing demand for cryptocurrencies within Germany. <\/p>\n\n\n\n

The German government were the first one to recognize Bitcoins as a \u201cunit of value and could be classified as a financial instrument,\u201d although they have had only \u201csome success in regulating crypto,\u201d states Lyu.  <\/p>\n\n\n\n

The official report reads that it is \"easy for individuals to invest in cryptocurrency\" in Germany and crypto gains are tax exempt if they've been held for over a year.<\/p>\n\n\n\n

\u201cCryptocurrencies are very popular among the supporters of the accumulation strategy, especially among the younger generation. They prefer to save for retirement on their own and diversify their savings through the use of cryptocurrencies.\u201d<\/em><\/p>Into the Cryptoverse Report<\/cite><\/blockquote>\n","post_title":"Crypto Adoption Rates Rising In Germany: Report","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"crypto-adoption-rates-rising-in-germany-report","to_ping":"","pinged":"","post_modified":"2023-04-11 12:50:14","post_modified_gmt":"2023-04-11 02:50:14","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=4132","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":4127,"post_author":"1","post_date":"2022-03-28 11:32:56","post_date_gmt":"2022-03-28 00:32:56","post_content":"\n

Bitcoin has pumped<\/a> to a high of $46,826. This is the coin's highest price since January 1st of this year when it reached $47,686.<\/p>\n\n\n\n

\"\"
Bitcoin Price Data (28th March) - Source: CoinMarketCap<\/a><\/figcaption><\/figure>\n\n\n\n

The breakout of Bitcoin can be linked to the socio-economics currently taking place in the world. With the war against Ukraine, crypto has become an outlet for war-torn victims who cannot safely use their fiat currencies.<\/p>\n\n\n\n

Ukraine has been able to utilize the decentralized nature of cryptocurrencies to gain support<\/a> for their country, compared to sites like GoFundMe where many pages have been blocked for violating their strict policies.<\/p>\n\n\n\n

Despite Bitcoin being down over 30% from all-time highs, the coin has traded relatively stable in 2022 according to its historical price data. The relationship between Bitcoin and the S&P500 has hit a 17 month high<\/a>, dictating the stability it has seen in comparison to other 'stable' investments.<\/p>\n","post_title":"Bitcoin Reaches $46,000 For First Time Since January","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"bitcoin-reaches-46000-for-first-time-since-january","to_ping":"","pinged":"\nhttps:\/\/www.thedistributed.co\/ukraine-dao-launches-1-1-nft-to-raise-funds-to-help-war-torn-ukrainians\/","post_modified":"2023-04-11 12:50:26","post_modified_gmt":"2023-04-11 02:50:26","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=4127","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":4122,"post_author":"1","post_date":"2022-03-27 22:04:13","post_date_gmt":"2022-03-27 11:04:13","post_content":"\n

The US Department of Justice (DOJ) <\/a>has announced<\/a> the arrest of two men over a conspiracy to launder money and commit wire fraud \u201cin connection with a million-dollar scheme to defraud purchasers of NFTs advertised as Frosties<\/a>.\u201d<\/p>\n\n\n\n

Suspects Ethan Nguyen (20) and Andre Llacuna (20) were accused of lying about promises that came with the purchase of their NFT collection and withdrawing money from the collection through multiple transactions. Nguyen and Llacuna were identified after they were linked with the IPs linked with Coinbase accounts that the money was withdrawn to through the NFT collection.<\/p>\n\n\n\n

NFT Scam In The Making<\/h2>\n\n\n\n

The official report released by the DOJ details that a total of 8,888 Frosties were released at a floor price of 0.04 ETH (~US$125 at the time). All 8,888 were sold out within 48 minutes of being released making the criminals a cool 356.56 ETH (~US$1,105,000).<\/p>\n\n\n\n

The report by the DOJ outlines that Nguyen and Llacuna \"abruptly abandoned the Frosties NFT project within hours after selling out of Frosties NFTs, deactivated the Frosties website, and transferred approximately $1.1 million in cryptocurrency proceeds from the scheme to various cryptocurrency wallets under their control in multiple transactions designed to obfuscate the original source of funds.\"<\/p>\n\n\n\n

Prior to their arrests, Nguyen and Llacuna were advertising a second NFT project under the name \"Embers\", which had many similarities to the Frosties NFT project. The DOJ believes that this was another \"fraud scheme\".<\/p>\n\n\n\n

Both of the criminals are facing serious time in relation to the scam. This goes to show although cryptocurrencies are based around anonymity, it doesn't allow for illegal acts to stay hidden either.<\/p>\n","post_title":"Frosties NFT Rugpullers Arrested Over A $1.1 Million Scam","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"frosties-nft-rugpullers-arrested-over-a-1-1-million-scam","to_ping":"","pinged":"","post_modified":"2022-03-27 22:51:07","post_modified_gmt":"2022-03-27 11:51:07","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=4122","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":4116,"post_author":"1","post_date":"2022-03-26 17:39:16","post_date_gmt":"2022-03-26 06:39:16","post_content":"\n

According to reports released on Friday, Indian Finance Minister Nirmala Sitharaman has introduced a capital gains tax of 30% on cryptocurrency transactions.\u00a0<\/p>\n\n\n\n

To add, Indians buying or selling crypto will have to pay a 1% tax deducted at source (TDS), as well as taxes on crypto gifts. The bill states that users are not able to take deductions for any losses. <\/p>\n\n\n\n

The crypto taxes will come into effect on April 1, while the TDS will start on July 1.<\/p>\n\n\n\n

\nhttps:\/\/twitter.com\/WatcherGuru\/status\/1507334988164964355?ref_src=twsrc%5Etfw%7Ctwcamp%5Etweetembed%7Ctwterm%5E1507334988164964355%7Ctwgr%5E%7Ctwcon%5Es1_&ref_url=https%3A%2F%2Fen.ethereumworldnews.com%2Findia-heavy-crypto-tax-law%2F\n<\/div><\/figure>\n\n\n\n

The bill was initially proposed<\/a> in Feburary but was met with heavy backlash<\/a> by Indians, calling for changes to the imposed policy.<\/p>\n\n\n\n

The bill was met with criticism in the government, 20+ members of the lower house of Parliment criticized the lack of definition of the word cryptocurrency in the bill arguing that this would \"finish the industry\". Criticisers were met with a sharp response that \"there is no confusing signal\". <\/p>\n\n\n\n

Sitharaman states the main reason for the tax is because people are profiting from it. Despite this Indians are still not able to take deductions for any losses.<\/p>\n\n\n\n

Many cryptocurrency companies and users are considering filing an appeal to the Indian Supreme Court. <\/p>\n","post_title":"Indian Parliament Passes A 30% Crypto Tax Law","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"indian-parliament-passes-a-30-crypto-tax-law","to_ping":"","pinged":"\nhttps:\/\/www.thedistributed.co\/petition-to-reduce-30-tax-on-crypto-gains-in-india-reaches-a-25000-signatures-milestone%ef%bf%bc\/","post_modified":"2022-03-26 17:42:58","post_modified_gmt":"2022-03-26 06:42:58","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=4116","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":4110,"post_author":"1","post_date":"2022-03-26 12:54:51","post_date_gmt":"2022-03-26 01:54:51","post_content":"\n

Google has filed<\/a> a trademark application for a 'Non-Fungible Planet'. Although it seems that the trademark has less to do with cryptocurrencies and more to do with environmental activism.<\/p>\n\n\n\n

The filing is an 'educational' campaign aimed at \u201cproviding information about environmental protection, conservation, energy efficiency, climate change, reducing carbon footprints, environmental issues and sustainability efforts\".<\/p>\n\n\n\n

The project aims to provide \"educational and entertainment services, namely, providing online non-downloadable videos featuring information in the fields of environmental protection, conservation, energy efficiency, climate change, reducing carbon footprints, environmental issues and sustainability efforts.\"<\/p>\n\n\n\n

Non-Fungible Planet is implicative of Non-Fungible Tokens (NFTs<\/a>) which have taken the crypto industry by storm in the last few years. Although the filing itself makes no mention of NFTs. Non-fungible can be defined as something that cannot be replicated like for like, so in reference to Google's campaign, this could be that we only have one planet and mustn't spoil it.<\/p>\n","post_title":"'Non-Fungible Planet' Is Google's Newest Trademark Filing","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"non-fungible-planet-is-googles-newest-trademark-filing","to_ping":"","pinged":"","post_modified":"2022-03-26 17:43:23","post_modified_gmt":"2022-03-26 06:43:23","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=4110","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":4106,"post_author":"1","post_date":"2022-03-25 21:40:55","post_date_gmt":"2022-03-25 10:40:55","post_content":"\n

Bitcoin ATM operator, Bitcoin of America<\/a> announced<\/a> in a press release that their ATMs support the transaction of Dogecoin ($DOGE).<\/p>\n\n\n\n

\nhttps:\/\/twitter.com\/BTCofAmerica\/status\/1506632012454629390?ref_src=twsrc%5Etfw%7Ctwcamp%5Etweetembed%7Ctwterm%5E1506632012454629390%7Ctwgr%5E%7Ctwcon%5Es1_&ref_url=https%3A%2F%2Fu.today%2Fdogecoin-now-added-to-bitcoin-of-america-atms-details\n<\/div><\/figure>\n\n\n\n

After recognizing the popularity of the meme-coin and the attention it could bring, Bitcoin of America added the currency to their BTMs. Dogecoin ($DOGE<\/a>) is now available for transactions alongside Bitcoin ($BTC<\/a>), Ethereum ($ETH<\/a>), and Litecoin ($LTC<\/a>). To date, Bitcoin of America has 1800 plus BTMs across 31 states.\u00a0<\/p>\n\n\n\n

Bitcoin of America has made several updates to its BTMs with the announcement of its new Universal Kiosk.\u00a0The new universal kiosk combines the capabilities of a traditional ATM with a Bitcoin ATM and offers 3 main functions. The first is the traditional ATM feature where customers can dispense cash from a debit card. The second function is being able to\u00a0buy cryptocurrency\u00a0with cash. The last is that customers can sell crypto in return for cash.<\/p>\n\n\n\n

Dogecoin has rallied in the past few days going from $0.123 to a high of $0.140. The current market cap is sitting at US$18 billion.<\/p>\n\n\n\n

\"\"
Dogecoin 2-Day Price Data - Source: CoinMarketCap<\/figcaption><\/figure>\n","post_title":"Bitcoin ATM Operator Now Supports $DOGE","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"bitcoin-atm-operator-now-supports-doge","to_ping":"","pinged":"","post_modified":"2023-04-11 12:50:37","post_modified_gmt":"2023-04-11 02:50:37","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=4106","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":4087,"post_author":"1","post_date":"2022-03-24 23:37:18","post_date_gmt":"2022-03-24 12:37:18","post_content":"\n

In a\u00a0blog post<\/a>\u00a0by Loopring's head of growth, Adam Browman states that \"the GameStop NFT Marketplace has taken its first steps to welcome users, and it is built atop Loopring!\"<\/p>\n\n\n\n

Browman believes that the project \"has the potential to cement itself at the forefront of this new paradigm and become the destination for global digital economies.\" The blog post states that users can get early access to the project now to set up usernames and profiles, as well as make their first deposits.<\/p>\n\n\n\n

GameStop and NFTs<\/h2>\n\n\n\n

Rumors circulating since November\u00a0suggested that Loopring might be working with GameStop on a metaverse-related project. The Wall Street Journal\u00a0reported<\/a> in January\u00a0that GameStop was planning to build a new team focused on NFTs.<\/p>\n\n\n\n

Soon after that announcement, GameStop mentioned Immuntable X as their primary partner for the project. Despite this fact, Loopring was mentioned<\/a> at the time in an SEC filing<\/a>.<\/p>\n\n\n\n

According to an article from Decrypt<\/a>, there has been a lot of confusion on the topic and who is powering the NFT marketplace. It turns out that both Loopring and Immutable X are powering the NFT plans of GameStop. Although Immutable X tweeted<\/a> in a thread how they are the \"preferred partner\".<\/p>\n\n\n\n

Immutable mentioned the Loopring integration \u201cwas not a surprise (and we welcome them!).\" The marketplace will act as an aggregator across NFT minting platforms. Although, it appears that Immutable X will receive the most focus on the marketplace being the \"preferred partner\".<\/p>\n\n\n\n

\nhttps:\/\/twitter.com\/Immutable\/status\/1506596126677295108\n<\/div><\/figure>\n\n\n\n

Since the announcement, $LRC<\/a>, the native token of Layer 2 blockchain<\/a> Loopring has soared over 35% to a high of $1.21. Although it is now trading steadily at $1.09. Loopring is currently sitting at a market cap of US$1.46 billion, according to data from CoinMarketCap.<\/p>\n\n\n\n

$IMX<\/a>, the token on the Immutable X blockchain is down 8.9% in the past 24 hours, trading at $2.19, according to data from CoinMarketCap.<\/p>\n\n\n\n

The other company in the mix, GameStop also had a huge day seeing a 14.5% gain to $141 in GME<\/a> stocks. Over 24 million GME shares were traded today alone. <\/p>\n","post_title":"GameStop NFT Marketplace Has Entered Beta, Integrated With Loopring","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"gamestop-nft-marketplace-has-entered-beta-integrated-with-loopring","to_ping":"","pinged":"","post_modified":"2022-03-24 23:37:42","post_modified_gmt":"2022-03-24 12:37:42","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=4087","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":4089,"post_author":"1","post_date":"2022-03-24 22:46:11","post_date_gmt":"2022-03-24 11:46:11","post_content":"\n

Floyd \u2019Money\u2019 Mayweather has re-entered the world of cryptocurrency with the announcement of his 2nd NFT project, dubbed Mayweverse. <\/p>\n\n\n\n

The project will consist of 5 different NFTs, each NFT will have 1000 copies available to mint. Every card has its own rarity, utility, and prizes. <\/p>\n\n\n\n

Despite how good it may sounds, Twitter users were quick to criticize. Floyd was reminded<\/a> of his previous NFT project<\/a>, which made him nearly US$5 million and is now worthless. \u201cYou already have an NFT project, it\u2019s called @RealFloydNFT. You released it last year and then stopped working on it immediately after. Have you been punched in the head so much that you\u2019re forgetting these things now?\u201d<\/p>\n\n\n\n

\nhttps:\/\/twitter.com\/Berke_eth\/status\/1506051809542037506\n<\/div><\/figure>\n\n\n\n

Users were quick to call his bluff<\/a>. Floyd states that he has been working on this for months, although the twitter handle @mayweverse<\/a> was created this month. <\/p>\n\n\n\n

Coffezilla, known for calling out rug pulls and scams within the industry tweeted<\/a> his thoughts on the NFT project. He states \"Floyd Mayweather is frantically deleting evidence of his last NFT scam. He's getting roasted by the investors.\" <\/p>\n\n\n\n

Will this NFT collection follow in the footsteps of his previous NFT collection and be abandoned, or will he stick by his word?<\/p>\n","post_title":"Floyd Mayweather Re-enters The World Of Crypto With \u2018Mayweverse\u2019 NFT Project","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"floyd-mayweather-re-enters-the-world-of-crypto-with-mayweverse-nft-project","to_ping":"","pinged":"","post_modified":"2022-03-24 23:37:53","post_modified_gmt":"2022-03-24 12:37:53","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=4089","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":4040,"post_author":"1","post_date":"2022-03-23 22:24:41","post_date_gmt":"2022-03-23 11:24:41","post_content":"\n

Crypto.com has announced<\/a> they are the official sponsor of the 2022 FIFA World Cup hosted in Qatar.<\/p>\n\n\n\n

As per their official announcement, Crypto.com will be the exclusive cryptocurrency trading platform sponsor of the event, benefitting from significant brand exposure both within and outside the stadiums.<\/p>\n\n\n\n

\nhttps:\/\/twitter.com\/cryptocom\/status\/1506424728818679808\n<\/div><\/figure>\n\n\n\n

\u201cCrypto.com has already demonstrated a commitment to supporting top-tier teams and leagues, major events and iconic venues across the world, and there is no platform bigger, or with a greater reach and cultural impact, than FIFA\u2019s global platform of football,\u201d<\/p>Kay Madati, FIFA\u2019s Chief Commercial Officer.<\/cite><\/blockquote>\n\n\n\n

In November of 2021, Crypto.com announced they bought the rights to the Staples Arena,<\/a> in a historic deal inked at US$700 million. Crypto.com has also\u00a0partnered with the Australian Football League<\/a>\u00a0in a $25 million deal, signed a $100-million sponsorship with Formula 1, and confirmed a $175 million sponsorship with the UFC.<\/p>\n\n\n\n

CEO and Co-Founder of Crypto.com Kris Marszalek believes that the sponsorship with the FIFA World Cup will \u201cdrive further awareness of Crypto.com globally.\u201d This is just one more addition to their expanding list of sponsorships worldwide.<\/p>\n","post_title":"CryptoCom Is The Main Sponsor Of The 2022 World Cup","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"crypto-com-is-the-main-sponsor-of-the-2022-world-cup","to_ping":"","pinged":"\nhttps:\/\/www.thedistributed.co\/crypto-com-arena-deal-sealed\/","post_modified":"2022-06-06 21:35:19","post_modified_gmt":"2022-06-06 11:35:19","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=4040","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};

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\n

Fellow exchange Coinbase saw its IPO launch<\/a> in April of 2021, with its market cap exceeding $100 billion after its debut, although it fell to $62 billion at the close. Since its launch, the stock is down -41.11%. Despite this fact Q2 of 2021 they had 56 million users, in Q4 of 2021 they had 89 million, according to Statista<\/a>.<\/p>\n\n\n\n

Can we see Binance following in the footsteps of Coinbase in the coming years?<\/p>\n","post_title":"Binance U.S. On Route For An IPO","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"binance-u-s-on-route-for-an-ipo","to_ping":"","pinged":"","post_modified":"2022-05-28 18:10:45","post_modified_gmt":"2022-05-28 08:10:45","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=4157","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":4132,"post_author":"1","post_date":"2022-03-28 16:56:18","post_date_gmt":"2022-03-28 05:56:18","post_content":"\n

Cryptocurrency exchange KuCoin<\/a> has released a report<\/a> titled 'Into the Cryptoverse 2022' and found that almost half of Germans are motivated to invest in cryptocurrencies.<\/p>\n\n\n\n

Adoption Of Cryptocurrencies In Germany<\/h2>\n\n\n\n

The\u00a0report found that 44% of Germans are motivated to invest in cryptocurrencies to \"be a part of the future of finance\" and hope to become financially independent with the help of cryptocurrencies to improve their family's living conditions.<\/p>\n\n\n\n

30% consider crypto as a reliable store of value whereas 35% of them would do it for the opportunity to earn a passive income. To add, 16% of the country\u2019s population (18 - 60 yrs old) have already invested in crypto or have been trading it within the past six months. Out of those expressing their interests, 77% of the 'crypto-curious' are researching potential assets to invest in and 31% of the same group plans to start lending their cryptocurrencies through staking.<\/p>\n\n\n\n

The report also found that \"69% of crypto investors are men, while women account for 53% of the crypto-curious.\" This shows the growing interest in cryptocurrencies in German females. BlockFi found<\/a> that in the U.S.A. almost a third of women were planning to invest in crypto by the end of the year.<\/p>\n\n\n\n

Profile of Crypto Investors & Crypto-Curious<\/h3>\n\n\n\n
\"\"
Source: KuCoin's Into the Cryptoverse Report<\/a><\/figcaption><\/figure>\n\n\n\n

Crypto Regulation In Germany Is A Work In Progress<\/h2>\n\n\n\n

CEO of KuCoin Johnny Lyu belives the report clearly highlights the growing demand for cryptocurrencies within Germany. <\/p>\n\n\n\n

The German government were the first one to recognize Bitcoins as a \u201cunit of value and could be classified as a financial instrument,\u201d although they have had only \u201csome success in regulating crypto,\u201d states Lyu.  <\/p>\n\n\n\n

The official report reads that it is \"easy for individuals to invest in cryptocurrency\" in Germany and crypto gains are tax exempt if they've been held for over a year.<\/p>\n\n\n\n

\u201cCryptocurrencies are very popular among the supporters of the accumulation strategy, especially among the younger generation. They prefer to save for retirement on their own and diversify their savings through the use of cryptocurrencies.\u201d<\/em><\/p>Into the Cryptoverse Report<\/cite><\/blockquote>\n","post_title":"Crypto Adoption Rates Rising In Germany: Report","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"crypto-adoption-rates-rising-in-germany-report","to_ping":"","pinged":"","post_modified":"2023-04-11 12:50:14","post_modified_gmt":"2023-04-11 02:50:14","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=4132","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":4127,"post_author":"1","post_date":"2022-03-28 11:32:56","post_date_gmt":"2022-03-28 00:32:56","post_content":"\n

Bitcoin has pumped<\/a> to a high of $46,826. This is the coin's highest price since January 1st of this year when it reached $47,686.<\/p>\n\n\n\n

\"\"
Bitcoin Price Data (28th March) - Source: CoinMarketCap<\/a><\/figcaption><\/figure>\n\n\n\n

The breakout of Bitcoin can be linked to the socio-economics currently taking place in the world. With the war against Ukraine, crypto has become an outlet for war-torn victims who cannot safely use their fiat currencies.<\/p>\n\n\n\n

Ukraine has been able to utilize the decentralized nature of cryptocurrencies to gain support<\/a> for their country, compared to sites like GoFundMe where many pages have been blocked for violating their strict policies.<\/p>\n\n\n\n

Despite Bitcoin being down over 30% from all-time highs, the coin has traded relatively stable in 2022 according to its historical price data. The relationship between Bitcoin and the S&P500 has hit a 17 month high<\/a>, dictating the stability it has seen in comparison to other 'stable' investments.<\/p>\n","post_title":"Bitcoin Reaches $46,000 For First Time Since January","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"bitcoin-reaches-46000-for-first-time-since-january","to_ping":"","pinged":"\nhttps:\/\/www.thedistributed.co\/ukraine-dao-launches-1-1-nft-to-raise-funds-to-help-war-torn-ukrainians\/","post_modified":"2023-04-11 12:50:26","post_modified_gmt":"2023-04-11 02:50:26","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=4127","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":4122,"post_author":"1","post_date":"2022-03-27 22:04:13","post_date_gmt":"2022-03-27 11:04:13","post_content":"\n

The US Department of Justice (DOJ) <\/a>has announced<\/a> the arrest of two men over a conspiracy to launder money and commit wire fraud \u201cin connection with a million-dollar scheme to defraud purchasers of NFTs advertised as Frosties<\/a>.\u201d<\/p>\n\n\n\n

Suspects Ethan Nguyen (20) and Andre Llacuna (20) were accused of lying about promises that came with the purchase of their NFT collection and withdrawing money from the collection through multiple transactions. Nguyen and Llacuna were identified after they were linked with the IPs linked with Coinbase accounts that the money was withdrawn to through the NFT collection.<\/p>\n\n\n\n

NFT Scam In The Making<\/h2>\n\n\n\n

The official report released by the DOJ details that a total of 8,888 Frosties were released at a floor price of 0.04 ETH (~US$125 at the time). All 8,888 were sold out within 48 minutes of being released making the criminals a cool 356.56 ETH (~US$1,105,000).<\/p>\n\n\n\n

The report by the DOJ outlines that Nguyen and Llacuna \"abruptly abandoned the Frosties NFT project within hours after selling out of Frosties NFTs, deactivated the Frosties website, and transferred approximately $1.1 million in cryptocurrency proceeds from the scheme to various cryptocurrency wallets under their control in multiple transactions designed to obfuscate the original source of funds.\"<\/p>\n\n\n\n

Prior to their arrests, Nguyen and Llacuna were advertising a second NFT project under the name \"Embers\", which had many similarities to the Frosties NFT project. The DOJ believes that this was another \"fraud scheme\".<\/p>\n\n\n\n

Both of the criminals are facing serious time in relation to the scam. This goes to show although cryptocurrencies are based around anonymity, it doesn't allow for illegal acts to stay hidden either.<\/p>\n","post_title":"Frosties NFT Rugpullers Arrested Over A $1.1 Million Scam","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"frosties-nft-rugpullers-arrested-over-a-1-1-million-scam","to_ping":"","pinged":"","post_modified":"2022-03-27 22:51:07","post_modified_gmt":"2022-03-27 11:51:07","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=4122","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":4116,"post_author":"1","post_date":"2022-03-26 17:39:16","post_date_gmt":"2022-03-26 06:39:16","post_content":"\n

According to reports released on Friday, Indian Finance Minister Nirmala Sitharaman has introduced a capital gains tax of 30% on cryptocurrency transactions.\u00a0<\/p>\n\n\n\n

To add, Indians buying or selling crypto will have to pay a 1% tax deducted at source (TDS), as well as taxes on crypto gifts. The bill states that users are not able to take deductions for any losses. <\/p>\n\n\n\n

The crypto taxes will come into effect on April 1, while the TDS will start on July 1.<\/p>\n\n\n\n

\nhttps:\/\/twitter.com\/WatcherGuru\/status\/1507334988164964355?ref_src=twsrc%5Etfw%7Ctwcamp%5Etweetembed%7Ctwterm%5E1507334988164964355%7Ctwgr%5E%7Ctwcon%5Es1_&ref_url=https%3A%2F%2Fen.ethereumworldnews.com%2Findia-heavy-crypto-tax-law%2F\n<\/div><\/figure>\n\n\n\n

The bill was initially proposed<\/a> in Feburary but was met with heavy backlash<\/a> by Indians, calling for changes to the imposed policy.<\/p>\n\n\n\n

The bill was met with criticism in the government, 20+ members of the lower house of Parliment criticized the lack of definition of the word cryptocurrency in the bill arguing that this would \"finish the industry\". Criticisers were met with a sharp response that \"there is no confusing signal\". <\/p>\n\n\n\n

Sitharaman states the main reason for the tax is because people are profiting from it. Despite this Indians are still not able to take deductions for any losses.<\/p>\n\n\n\n

Many cryptocurrency companies and users are considering filing an appeal to the Indian Supreme Court. <\/p>\n","post_title":"Indian Parliament Passes A 30% Crypto Tax Law","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"indian-parliament-passes-a-30-crypto-tax-law","to_ping":"","pinged":"\nhttps:\/\/www.thedistributed.co\/petition-to-reduce-30-tax-on-crypto-gains-in-india-reaches-a-25000-signatures-milestone%ef%bf%bc\/","post_modified":"2022-03-26 17:42:58","post_modified_gmt":"2022-03-26 06:42:58","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=4116","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":4110,"post_author":"1","post_date":"2022-03-26 12:54:51","post_date_gmt":"2022-03-26 01:54:51","post_content":"\n

Google has filed<\/a> a trademark application for a 'Non-Fungible Planet'. Although it seems that the trademark has less to do with cryptocurrencies and more to do with environmental activism.<\/p>\n\n\n\n

The filing is an 'educational' campaign aimed at \u201cproviding information about environmental protection, conservation, energy efficiency, climate change, reducing carbon footprints, environmental issues and sustainability efforts\".<\/p>\n\n\n\n

The project aims to provide \"educational and entertainment services, namely, providing online non-downloadable videos featuring information in the fields of environmental protection, conservation, energy efficiency, climate change, reducing carbon footprints, environmental issues and sustainability efforts.\"<\/p>\n\n\n\n

Non-Fungible Planet is implicative of Non-Fungible Tokens (NFTs<\/a>) which have taken the crypto industry by storm in the last few years. Although the filing itself makes no mention of NFTs. Non-fungible can be defined as something that cannot be replicated like for like, so in reference to Google's campaign, this could be that we only have one planet and mustn't spoil it.<\/p>\n","post_title":"'Non-Fungible Planet' Is Google's Newest Trademark Filing","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"non-fungible-planet-is-googles-newest-trademark-filing","to_ping":"","pinged":"","post_modified":"2022-03-26 17:43:23","post_modified_gmt":"2022-03-26 06:43:23","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=4110","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":4106,"post_author":"1","post_date":"2022-03-25 21:40:55","post_date_gmt":"2022-03-25 10:40:55","post_content":"\n

Bitcoin ATM operator, Bitcoin of America<\/a> announced<\/a> in a press release that their ATMs support the transaction of Dogecoin ($DOGE).<\/p>\n\n\n\n

\nhttps:\/\/twitter.com\/BTCofAmerica\/status\/1506632012454629390?ref_src=twsrc%5Etfw%7Ctwcamp%5Etweetembed%7Ctwterm%5E1506632012454629390%7Ctwgr%5E%7Ctwcon%5Es1_&ref_url=https%3A%2F%2Fu.today%2Fdogecoin-now-added-to-bitcoin-of-america-atms-details\n<\/div><\/figure>\n\n\n\n

After recognizing the popularity of the meme-coin and the attention it could bring, Bitcoin of America added the currency to their BTMs. Dogecoin ($DOGE<\/a>) is now available for transactions alongside Bitcoin ($BTC<\/a>), Ethereum ($ETH<\/a>), and Litecoin ($LTC<\/a>). To date, Bitcoin of America has 1800 plus BTMs across 31 states.\u00a0<\/p>\n\n\n\n

Bitcoin of America has made several updates to its BTMs with the announcement of its new Universal Kiosk.\u00a0The new universal kiosk combines the capabilities of a traditional ATM with a Bitcoin ATM and offers 3 main functions. The first is the traditional ATM feature where customers can dispense cash from a debit card. The second function is being able to\u00a0buy cryptocurrency\u00a0with cash. The last is that customers can sell crypto in return for cash.<\/p>\n\n\n\n

Dogecoin has rallied in the past few days going from $0.123 to a high of $0.140. The current market cap is sitting at US$18 billion.<\/p>\n\n\n\n

\"\"
Dogecoin 2-Day Price Data - Source: CoinMarketCap<\/figcaption><\/figure>\n","post_title":"Bitcoin ATM Operator Now Supports $DOGE","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"bitcoin-atm-operator-now-supports-doge","to_ping":"","pinged":"","post_modified":"2023-04-11 12:50:37","post_modified_gmt":"2023-04-11 02:50:37","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=4106","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":4087,"post_author":"1","post_date":"2022-03-24 23:37:18","post_date_gmt":"2022-03-24 12:37:18","post_content":"\n

In a\u00a0blog post<\/a>\u00a0by Loopring's head of growth, Adam Browman states that \"the GameStop NFT Marketplace has taken its first steps to welcome users, and it is built atop Loopring!\"<\/p>\n\n\n\n

Browman believes that the project \"has the potential to cement itself at the forefront of this new paradigm and become the destination for global digital economies.\" The blog post states that users can get early access to the project now to set up usernames and profiles, as well as make their first deposits.<\/p>\n\n\n\n

GameStop and NFTs<\/h2>\n\n\n\n

Rumors circulating since November\u00a0suggested that Loopring might be working with GameStop on a metaverse-related project. The Wall Street Journal\u00a0reported<\/a> in January\u00a0that GameStop was planning to build a new team focused on NFTs.<\/p>\n\n\n\n

Soon after that announcement, GameStop mentioned Immuntable X as their primary partner for the project. Despite this fact, Loopring was mentioned<\/a> at the time in an SEC filing<\/a>.<\/p>\n\n\n\n

According to an article from Decrypt<\/a>, there has been a lot of confusion on the topic and who is powering the NFT marketplace. It turns out that both Loopring and Immutable X are powering the NFT plans of GameStop. Although Immutable X tweeted<\/a> in a thread how they are the \"preferred partner\".<\/p>\n\n\n\n

Immutable mentioned the Loopring integration \u201cwas not a surprise (and we welcome them!).\" The marketplace will act as an aggregator across NFT minting platforms. Although, it appears that Immutable X will receive the most focus on the marketplace being the \"preferred partner\".<\/p>\n\n\n\n

\nhttps:\/\/twitter.com\/Immutable\/status\/1506596126677295108\n<\/div><\/figure>\n\n\n\n

Since the announcement, $LRC<\/a>, the native token of Layer 2 blockchain<\/a> Loopring has soared over 35% to a high of $1.21. Although it is now trading steadily at $1.09. Loopring is currently sitting at a market cap of US$1.46 billion, according to data from CoinMarketCap.<\/p>\n\n\n\n

$IMX<\/a>, the token on the Immutable X blockchain is down 8.9% in the past 24 hours, trading at $2.19, according to data from CoinMarketCap.<\/p>\n\n\n\n

The other company in the mix, GameStop also had a huge day seeing a 14.5% gain to $141 in GME<\/a> stocks. Over 24 million GME shares were traded today alone. <\/p>\n","post_title":"GameStop NFT Marketplace Has Entered Beta, Integrated With Loopring","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"gamestop-nft-marketplace-has-entered-beta-integrated-with-loopring","to_ping":"","pinged":"","post_modified":"2022-03-24 23:37:42","post_modified_gmt":"2022-03-24 12:37:42","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=4087","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":4089,"post_author":"1","post_date":"2022-03-24 22:46:11","post_date_gmt":"2022-03-24 11:46:11","post_content":"\n

Floyd \u2019Money\u2019 Mayweather has re-entered the world of cryptocurrency with the announcement of his 2nd NFT project, dubbed Mayweverse. <\/p>\n\n\n\n

The project will consist of 5 different NFTs, each NFT will have 1000 copies available to mint. Every card has its own rarity, utility, and prizes. <\/p>\n\n\n\n

Despite how good it may sounds, Twitter users were quick to criticize. Floyd was reminded<\/a> of his previous NFT project<\/a>, which made him nearly US$5 million and is now worthless. \u201cYou already have an NFT project, it\u2019s called @RealFloydNFT. You released it last year and then stopped working on it immediately after. Have you been punched in the head so much that you\u2019re forgetting these things now?\u201d<\/p>\n\n\n\n

\nhttps:\/\/twitter.com\/Berke_eth\/status\/1506051809542037506\n<\/div><\/figure>\n\n\n\n

Users were quick to call his bluff<\/a>. Floyd states that he has been working on this for months, although the twitter handle @mayweverse<\/a> was created this month. <\/p>\n\n\n\n

Coffezilla, known for calling out rug pulls and scams within the industry tweeted<\/a> his thoughts on the NFT project. He states \"Floyd Mayweather is frantically deleting evidence of his last NFT scam. He's getting roasted by the investors.\" <\/p>\n\n\n\n

Will this NFT collection follow in the footsteps of his previous NFT collection and be abandoned, or will he stick by his word?<\/p>\n","post_title":"Floyd Mayweather Re-enters The World Of Crypto With \u2018Mayweverse\u2019 NFT Project","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"floyd-mayweather-re-enters-the-world-of-crypto-with-mayweverse-nft-project","to_ping":"","pinged":"","post_modified":"2022-03-24 23:37:53","post_modified_gmt":"2022-03-24 12:37:53","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=4089","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":4040,"post_author":"1","post_date":"2022-03-23 22:24:41","post_date_gmt":"2022-03-23 11:24:41","post_content":"\n

Crypto.com has announced<\/a> they are the official sponsor of the 2022 FIFA World Cup hosted in Qatar.<\/p>\n\n\n\n

As per their official announcement, Crypto.com will be the exclusive cryptocurrency trading platform sponsor of the event, benefitting from significant brand exposure both within and outside the stadiums.<\/p>\n\n\n\n

\nhttps:\/\/twitter.com\/cryptocom\/status\/1506424728818679808\n<\/div><\/figure>\n\n\n\n

\u201cCrypto.com has already demonstrated a commitment to supporting top-tier teams and leagues, major events and iconic venues across the world, and there is no platform bigger, or with a greater reach and cultural impact, than FIFA\u2019s global platform of football,\u201d<\/p>Kay Madati, FIFA\u2019s Chief Commercial Officer.<\/cite><\/blockquote>\n\n\n\n

In November of 2021, Crypto.com announced they bought the rights to the Staples Arena,<\/a> in a historic deal inked at US$700 million. Crypto.com has also\u00a0partnered with the Australian Football League<\/a>\u00a0in a $25 million deal, signed a $100-million sponsorship with Formula 1, and confirmed a $175 million sponsorship with the UFC.<\/p>\n\n\n\n

CEO and Co-Founder of Crypto.com Kris Marszalek believes that the sponsorship with the FIFA World Cup will \u201cdrive further awareness of Crypto.com globally.\u201d This is just one more addition to their expanding list of sponsorships worldwide.<\/p>\n","post_title":"CryptoCom Is The Main Sponsor Of The 2022 World Cup","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"crypto-com-is-the-main-sponsor-of-the-2022-world-cup","to_ping":"","pinged":"\nhttps:\/\/www.thedistributed.co\/crypto-com-arena-deal-sealed\/","post_modified":"2022-06-06 21:35:19","post_modified_gmt":"2022-06-06 11:35:19","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=4040","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};

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\n

According to reports, Binance U.S. will have a license in every region of the United States by the end of 2022. Currently, Binance is seeking licenses in; Hawaii, New York, Texas, Idaho, and Vermont. Once these licenses are approved Binance U.S. will officially be entitled to the right to operate with the exchange of cryptocurrencies.<\/p>\n\n\n\n

Fellow exchange Coinbase saw its IPO launch<\/a> in April of 2021, with its market cap exceeding $100 billion after its debut, although it fell to $62 billion at the close. Since its launch, the stock is down -41.11%. Despite this fact Q2 of 2021 they had 56 million users, in Q4 of 2021 they had 89 million, according to Statista<\/a>.<\/p>\n\n\n\n

Can we see Binance following in the footsteps of Coinbase in the coming years?<\/p>\n","post_title":"Binance U.S. On Route For An IPO","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"binance-u-s-on-route-for-an-ipo","to_ping":"","pinged":"","post_modified":"2022-05-28 18:10:45","post_modified_gmt":"2022-05-28 08:10:45","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=4157","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":4132,"post_author":"1","post_date":"2022-03-28 16:56:18","post_date_gmt":"2022-03-28 05:56:18","post_content":"\n

Cryptocurrency exchange KuCoin<\/a> has released a report<\/a> titled 'Into the Cryptoverse 2022' and found that almost half of Germans are motivated to invest in cryptocurrencies.<\/p>\n\n\n\n

Adoption Of Cryptocurrencies In Germany<\/h2>\n\n\n\n

The\u00a0report found that 44% of Germans are motivated to invest in cryptocurrencies to \"be a part of the future of finance\" and hope to become financially independent with the help of cryptocurrencies to improve their family's living conditions.<\/p>\n\n\n\n

30% consider crypto as a reliable store of value whereas 35% of them would do it for the opportunity to earn a passive income. To add, 16% of the country\u2019s population (18 - 60 yrs old) have already invested in crypto or have been trading it within the past six months. Out of those expressing their interests, 77% of the 'crypto-curious' are researching potential assets to invest in and 31% of the same group plans to start lending their cryptocurrencies through staking.<\/p>\n\n\n\n

The report also found that \"69% of crypto investors are men, while women account for 53% of the crypto-curious.\" This shows the growing interest in cryptocurrencies in German females. BlockFi found<\/a> that in the U.S.A. almost a third of women were planning to invest in crypto by the end of the year.<\/p>\n\n\n\n

Profile of Crypto Investors & Crypto-Curious<\/h3>\n\n\n\n
\"\"
Source: KuCoin's Into the Cryptoverse Report<\/a><\/figcaption><\/figure>\n\n\n\n

Crypto Regulation In Germany Is A Work In Progress<\/h2>\n\n\n\n

CEO of KuCoin Johnny Lyu belives the report clearly highlights the growing demand for cryptocurrencies within Germany. <\/p>\n\n\n\n

The German government were the first one to recognize Bitcoins as a \u201cunit of value and could be classified as a financial instrument,\u201d although they have had only \u201csome success in regulating crypto,\u201d states Lyu.  <\/p>\n\n\n\n

The official report reads that it is \"easy for individuals to invest in cryptocurrency\" in Germany and crypto gains are tax exempt if they've been held for over a year.<\/p>\n\n\n\n

\u201cCryptocurrencies are very popular among the supporters of the accumulation strategy, especially among the younger generation. They prefer to save for retirement on their own and diversify their savings through the use of cryptocurrencies.\u201d<\/em><\/p>Into the Cryptoverse Report<\/cite><\/blockquote>\n","post_title":"Crypto Adoption Rates Rising In Germany: Report","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"crypto-adoption-rates-rising-in-germany-report","to_ping":"","pinged":"","post_modified":"2023-04-11 12:50:14","post_modified_gmt":"2023-04-11 02:50:14","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=4132","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":4127,"post_author":"1","post_date":"2022-03-28 11:32:56","post_date_gmt":"2022-03-28 00:32:56","post_content":"\n

Bitcoin has pumped<\/a> to a high of $46,826. This is the coin's highest price since January 1st of this year when it reached $47,686.<\/p>\n\n\n\n

\"\"
Bitcoin Price Data (28th March) - Source: CoinMarketCap<\/a><\/figcaption><\/figure>\n\n\n\n

The breakout of Bitcoin can be linked to the socio-economics currently taking place in the world. With the war against Ukraine, crypto has become an outlet for war-torn victims who cannot safely use their fiat currencies.<\/p>\n\n\n\n

Ukraine has been able to utilize the decentralized nature of cryptocurrencies to gain support<\/a> for their country, compared to sites like GoFundMe where many pages have been blocked for violating their strict policies.<\/p>\n\n\n\n

Despite Bitcoin being down over 30% from all-time highs, the coin has traded relatively stable in 2022 according to its historical price data. The relationship between Bitcoin and the S&P500 has hit a 17 month high<\/a>, dictating the stability it has seen in comparison to other 'stable' investments.<\/p>\n","post_title":"Bitcoin Reaches $46,000 For First Time Since January","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"bitcoin-reaches-46000-for-first-time-since-january","to_ping":"","pinged":"\nhttps:\/\/www.thedistributed.co\/ukraine-dao-launches-1-1-nft-to-raise-funds-to-help-war-torn-ukrainians\/","post_modified":"2023-04-11 12:50:26","post_modified_gmt":"2023-04-11 02:50:26","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=4127","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":4122,"post_author":"1","post_date":"2022-03-27 22:04:13","post_date_gmt":"2022-03-27 11:04:13","post_content":"\n

The US Department of Justice (DOJ) <\/a>has announced<\/a> the arrest of two men over a conspiracy to launder money and commit wire fraud \u201cin connection with a million-dollar scheme to defraud purchasers of NFTs advertised as Frosties<\/a>.\u201d<\/p>\n\n\n\n

Suspects Ethan Nguyen (20) and Andre Llacuna (20) were accused of lying about promises that came with the purchase of their NFT collection and withdrawing money from the collection through multiple transactions. Nguyen and Llacuna were identified after they were linked with the IPs linked with Coinbase accounts that the money was withdrawn to through the NFT collection.<\/p>\n\n\n\n

NFT Scam In The Making<\/h2>\n\n\n\n

The official report released by the DOJ details that a total of 8,888 Frosties were released at a floor price of 0.04 ETH (~US$125 at the time). All 8,888 were sold out within 48 minutes of being released making the criminals a cool 356.56 ETH (~US$1,105,000).<\/p>\n\n\n\n

The report by the DOJ outlines that Nguyen and Llacuna \"abruptly abandoned the Frosties NFT project within hours after selling out of Frosties NFTs, deactivated the Frosties website, and transferred approximately $1.1 million in cryptocurrency proceeds from the scheme to various cryptocurrency wallets under their control in multiple transactions designed to obfuscate the original source of funds.\"<\/p>\n\n\n\n

Prior to their arrests, Nguyen and Llacuna were advertising a second NFT project under the name \"Embers\", which had many similarities to the Frosties NFT project. The DOJ believes that this was another \"fraud scheme\".<\/p>\n\n\n\n

Both of the criminals are facing serious time in relation to the scam. This goes to show although cryptocurrencies are based around anonymity, it doesn't allow for illegal acts to stay hidden either.<\/p>\n","post_title":"Frosties NFT Rugpullers Arrested Over A $1.1 Million Scam","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"frosties-nft-rugpullers-arrested-over-a-1-1-million-scam","to_ping":"","pinged":"","post_modified":"2022-03-27 22:51:07","post_modified_gmt":"2022-03-27 11:51:07","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=4122","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":4116,"post_author":"1","post_date":"2022-03-26 17:39:16","post_date_gmt":"2022-03-26 06:39:16","post_content":"\n

According to reports released on Friday, Indian Finance Minister Nirmala Sitharaman has introduced a capital gains tax of 30% on cryptocurrency transactions.\u00a0<\/p>\n\n\n\n

To add, Indians buying or selling crypto will have to pay a 1% tax deducted at source (TDS), as well as taxes on crypto gifts. The bill states that users are not able to take deductions for any losses. <\/p>\n\n\n\n

The crypto taxes will come into effect on April 1, while the TDS will start on July 1.<\/p>\n\n\n\n

\nhttps:\/\/twitter.com\/WatcherGuru\/status\/1507334988164964355?ref_src=twsrc%5Etfw%7Ctwcamp%5Etweetembed%7Ctwterm%5E1507334988164964355%7Ctwgr%5E%7Ctwcon%5Es1_&ref_url=https%3A%2F%2Fen.ethereumworldnews.com%2Findia-heavy-crypto-tax-law%2F\n<\/div><\/figure>\n\n\n\n

The bill was initially proposed<\/a> in Feburary but was met with heavy backlash<\/a> by Indians, calling for changes to the imposed policy.<\/p>\n\n\n\n

The bill was met with criticism in the government, 20+ members of the lower house of Parliment criticized the lack of definition of the word cryptocurrency in the bill arguing that this would \"finish the industry\". Criticisers were met with a sharp response that \"there is no confusing signal\". <\/p>\n\n\n\n

Sitharaman states the main reason for the tax is because people are profiting from it. Despite this Indians are still not able to take deductions for any losses.<\/p>\n\n\n\n

Many cryptocurrency companies and users are considering filing an appeal to the Indian Supreme Court. <\/p>\n","post_title":"Indian Parliament Passes A 30% Crypto Tax Law","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"indian-parliament-passes-a-30-crypto-tax-law","to_ping":"","pinged":"\nhttps:\/\/www.thedistributed.co\/petition-to-reduce-30-tax-on-crypto-gains-in-india-reaches-a-25000-signatures-milestone%ef%bf%bc\/","post_modified":"2022-03-26 17:42:58","post_modified_gmt":"2022-03-26 06:42:58","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=4116","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":4110,"post_author":"1","post_date":"2022-03-26 12:54:51","post_date_gmt":"2022-03-26 01:54:51","post_content":"\n

Google has filed<\/a> a trademark application for a 'Non-Fungible Planet'. Although it seems that the trademark has less to do with cryptocurrencies and more to do with environmental activism.<\/p>\n\n\n\n

The filing is an 'educational' campaign aimed at \u201cproviding information about environmental protection, conservation, energy efficiency, climate change, reducing carbon footprints, environmental issues and sustainability efforts\".<\/p>\n\n\n\n

The project aims to provide \"educational and entertainment services, namely, providing online non-downloadable videos featuring information in the fields of environmental protection, conservation, energy efficiency, climate change, reducing carbon footprints, environmental issues and sustainability efforts.\"<\/p>\n\n\n\n

Non-Fungible Planet is implicative of Non-Fungible Tokens (NFTs<\/a>) which have taken the crypto industry by storm in the last few years. Although the filing itself makes no mention of NFTs. Non-fungible can be defined as something that cannot be replicated like for like, so in reference to Google's campaign, this could be that we only have one planet and mustn't spoil it.<\/p>\n","post_title":"'Non-Fungible Planet' Is Google's Newest Trademark Filing","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"non-fungible-planet-is-googles-newest-trademark-filing","to_ping":"","pinged":"","post_modified":"2022-03-26 17:43:23","post_modified_gmt":"2022-03-26 06:43:23","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=4110","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":4106,"post_author":"1","post_date":"2022-03-25 21:40:55","post_date_gmt":"2022-03-25 10:40:55","post_content":"\n

Bitcoin ATM operator, Bitcoin of America<\/a> announced<\/a> in a press release that their ATMs support the transaction of Dogecoin ($DOGE).<\/p>\n\n\n\n

\nhttps:\/\/twitter.com\/BTCofAmerica\/status\/1506632012454629390?ref_src=twsrc%5Etfw%7Ctwcamp%5Etweetembed%7Ctwterm%5E1506632012454629390%7Ctwgr%5E%7Ctwcon%5Es1_&ref_url=https%3A%2F%2Fu.today%2Fdogecoin-now-added-to-bitcoin-of-america-atms-details\n<\/div><\/figure>\n\n\n\n

After recognizing the popularity of the meme-coin and the attention it could bring, Bitcoin of America added the currency to their BTMs. Dogecoin ($DOGE<\/a>) is now available for transactions alongside Bitcoin ($BTC<\/a>), Ethereum ($ETH<\/a>), and Litecoin ($LTC<\/a>). To date, Bitcoin of America has 1800 plus BTMs across 31 states.\u00a0<\/p>\n\n\n\n

Bitcoin of America has made several updates to its BTMs with the announcement of its new Universal Kiosk.\u00a0The new universal kiosk combines the capabilities of a traditional ATM with a Bitcoin ATM and offers 3 main functions. The first is the traditional ATM feature where customers can dispense cash from a debit card. The second function is being able to\u00a0buy cryptocurrency\u00a0with cash. The last is that customers can sell crypto in return for cash.<\/p>\n\n\n\n

Dogecoin has rallied in the past few days going from $0.123 to a high of $0.140. The current market cap is sitting at US$18 billion.<\/p>\n\n\n\n

\"\"
Dogecoin 2-Day Price Data - Source: CoinMarketCap<\/figcaption><\/figure>\n","post_title":"Bitcoin ATM Operator Now Supports $DOGE","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"bitcoin-atm-operator-now-supports-doge","to_ping":"","pinged":"","post_modified":"2023-04-11 12:50:37","post_modified_gmt":"2023-04-11 02:50:37","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=4106","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":4087,"post_author":"1","post_date":"2022-03-24 23:37:18","post_date_gmt":"2022-03-24 12:37:18","post_content":"\n

In a\u00a0blog post<\/a>\u00a0by Loopring's head of growth, Adam Browman states that \"the GameStop NFT Marketplace has taken its first steps to welcome users, and it is built atop Loopring!\"<\/p>\n\n\n\n

Browman believes that the project \"has the potential to cement itself at the forefront of this new paradigm and become the destination for global digital economies.\" The blog post states that users can get early access to the project now to set up usernames and profiles, as well as make their first deposits.<\/p>\n\n\n\n

GameStop and NFTs<\/h2>\n\n\n\n

Rumors circulating since November\u00a0suggested that Loopring might be working with GameStop on a metaverse-related project. The Wall Street Journal\u00a0reported<\/a> in January\u00a0that GameStop was planning to build a new team focused on NFTs.<\/p>\n\n\n\n

Soon after that announcement, GameStop mentioned Immuntable X as their primary partner for the project. Despite this fact, Loopring was mentioned<\/a> at the time in an SEC filing<\/a>.<\/p>\n\n\n\n

According to an article from Decrypt<\/a>, there has been a lot of confusion on the topic and who is powering the NFT marketplace. It turns out that both Loopring and Immutable X are powering the NFT plans of GameStop. Although Immutable X tweeted<\/a> in a thread how they are the \"preferred partner\".<\/p>\n\n\n\n

Immutable mentioned the Loopring integration \u201cwas not a surprise (and we welcome them!).\" The marketplace will act as an aggregator across NFT minting platforms. Although, it appears that Immutable X will receive the most focus on the marketplace being the \"preferred partner\".<\/p>\n\n\n\n

\nhttps:\/\/twitter.com\/Immutable\/status\/1506596126677295108\n<\/div><\/figure>\n\n\n\n

Since the announcement, $LRC<\/a>, the native token of Layer 2 blockchain<\/a> Loopring has soared over 35% to a high of $1.21. Although it is now trading steadily at $1.09. Loopring is currently sitting at a market cap of US$1.46 billion, according to data from CoinMarketCap.<\/p>\n\n\n\n

$IMX<\/a>, the token on the Immutable X blockchain is down 8.9% in the past 24 hours, trading at $2.19, according to data from CoinMarketCap.<\/p>\n\n\n\n

The other company in the mix, GameStop also had a huge day seeing a 14.5% gain to $141 in GME<\/a> stocks. Over 24 million GME shares were traded today alone. <\/p>\n","post_title":"GameStop NFT Marketplace Has Entered Beta, Integrated With Loopring","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"gamestop-nft-marketplace-has-entered-beta-integrated-with-loopring","to_ping":"","pinged":"","post_modified":"2022-03-24 23:37:42","post_modified_gmt":"2022-03-24 12:37:42","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=4087","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":4089,"post_author":"1","post_date":"2022-03-24 22:46:11","post_date_gmt":"2022-03-24 11:46:11","post_content":"\n

Floyd \u2019Money\u2019 Mayweather has re-entered the world of cryptocurrency with the announcement of his 2nd NFT project, dubbed Mayweverse. <\/p>\n\n\n\n

The project will consist of 5 different NFTs, each NFT will have 1000 copies available to mint. Every card has its own rarity, utility, and prizes. <\/p>\n\n\n\n

Despite how good it may sounds, Twitter users were quick to criticize. Floyd was reminded<\/a> of his previous NFT project<\/a>, which made him nearly US$5 million and is now worthless. \u201cYou already have an NFT project, it\u2019s called @RealFloydNFT. You released it last year and then stopped working on it immediately after. Have you been punched in the head so much that you\u2019re forgetting these things now?\u201d<\/p>\n\n\n\n

\nhttps:\/\/twitter.com\/Berke_eth\/status\/1506051809542037506\n<\/div><\/figure>\n\n\n\n

Users were quick to call his bluff<\/a>. Floyd states that he has been working on this for months, although the twitter handle @mayweverse<\/a> was created this month. <\/p>\n\n\n\n

Coffezilla, known for calling out rug pulls and scams within the industry tweeted<\/a> his thoughts on the NFT project. He states \"Floyd Mayweather is frantically deleting evidence of his last NFT scam. He's getting roasted by the investors.\" <\/p>\n\n\n\n

Will this NFT collection follow in the footsteps of his previous NFT collection and be abandoned, or will he stick by his word?<\/p>\n","post_title":"Floyd Mayweather Re-enters The World Of Crypto With \u2018Mayweverse\u2019 NFT Project","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"floyd-mayweather-re-enters-the-world-of-crypto-with-mayweverse-nft-project","to_ping":"","pinged":"","post_modified":"2022-03-24 23:37:53","post_modified_gmt":"2022-03-24 12:37:53","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=4089","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":4040,"post_author":"1","post_date":"2022-03-23 22:24:41","post_date_gmt":"2022-03-23 11:24:41","post_content":"\n

Crypto.com has announced<\/a> they are the official sponsor of the 2022 FIFA World Cup hosted in Qatar.<\/p>\n\n\n\n

As per their official announcement, Crypto.com will be the exclusive cryptocurrency trading platform sponsor of the event, benefitting from significant brand exposure both within and outside the stadiums.<\/p>\n\n\n\n

\nhttps:\/\/twitter.com\/cryptocom\/status\/1506424728818679808\n<\/div><\/figure>\n\n\n\n

\u201cCrypto.com has already demonstrated a commitment to supporting top-tier teams and leagues, major events and iconic venues across the world, and there is no platform bigger, or with a greater reach and cultural impact, than FIFA\u2019s global platform of football,\u201d<\/p>Kay Madati, FIFA\u2019s Chief Commercial Officer.<\/cite><\/blockquote>\n\n\n\n

In November of 2021, Crypto.com announced they bought the rights to the Staples Arena,<\/a> in a historic deal inked at US$700 million. Crypto.com has also\u00a0partnered with the Australian Football League<\/a>\u00a0in a $25 million deal, signed a $100-million sponsorship with Formula 1, and confirmed a $175 million sponsorship with the UFC.<\/p>\n\n\n\n

CEO and Co-Founder of Crypto.com Kris Marszalek believes that the sponsorship with the FIFA World Cup will \u201cdrive further awareness of Crypto.com globally.\u201d This is just one more addition to their expanding list of sponsorships worldwide.<\/p>\n","post_title":"CryptoCom Is The Main Sponsor Of The 2022 World Cup","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"crypto-com-is-the-main-sponsor-of-the-2022-world-cup","to_ping":"","pinged":"\nhttps:\/\/www.thedistributed.co\/crypto-com-arena-deal-sealed\/","post_modified":"2022-06-06 21:35:19","post_modified_gmt":"2022-06-06 11:35:19","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=4040","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};

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\n

In Q4 of 2021, Binance U.S. saw higher profits compared to the entirety of Uber since its inception in 2009, said Shroder.<\/p>\n\n\n\n

According to reports, Binance U.S. will have a license in every region of the United States by the end of 2022. Currently, Binance is seeking licenses in; Hawaii, New York, Texas, Idaho, and Vermont. Once these licenses are approved Binance U.S. will officially be entitled to the right to operate with the exchange of cryptocurrencies.<\/p>\n\n\n\n

Fellow exchange Coinbase saw its IPO launch<\/a> in April of 2021, with its market cap exceeding $100 billion after its debut, although it fell to $62 billion at the close. Since its launch, the stock is down -41.11%. Despite this fact Q2 of 2021 they had 56 million users, in Q4 of 2021 they had 89 million, according to Statista<\/a>.<\/p>\n\n\n\n

Can we see Binance following in the footsteps of Coinbase in the coming years?<\/p>\n","post_title":"Binance U.S. On Route For An IPO","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"binance-u-s-on-route-for-an-ipo","to_ping":"","pinged":"","post_modified":"2022-05-28 18:10:45","post_modified_gmt":"2022-05-28 08:10:45","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=4157","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":4132,"post_author":"1","post_date":"2022-03-28 16:56:18","post_date_gmt":"2022-03-28 05:56:18","post_content":"\n

Cryptocurrency exchange KuCoin<\/a> has released a report<\/a> titled 'Into the Cryptoverse 2022' and found that almost half of Germans are motivated to invest in cryptocurrencies.<\/p>\n\n\n\n

Adoption Of Cryptocurrencies In Germany<\/h2>\n\n\n\n

The\u00a0report found that 44% of Germans are motivated to invest in cryptocurrencies to \"be a part of the future of finance\" and hope to become financially independent with the help of cryptocurrencies to improve their family's living conditions.<\/p>\n\n\n\n

30% consider crypto as a reliable store of value whereas 35% of them would do it for the opportunity to earn a passive income. To add, 16% of the country\u2019s population (18 - 60 yrs old) have already invested in crypto or have been trading it within the past six months. Out of those expressing their interests, 77% of the 'crypto-curious' are researching potential assets to invest in and 31% of the same group plans to start lending their cryptocurrencies through staking.<\/p>\n\n\n\n

The report also found that \"69% of crypto investors are men, while women account for 53% of the crypto-curious.\" This shows the growing interest in cryptocurrencies in German females. BlockFi found<\/a> that in the U.S.A. almost a third of women were planning to invest in crypto by the end of the year.<\/p>\n\n\n\n

Profile of Crypto Investors & Crypto-Curious<\/h3>\n\n\n\n
\"\"
Source: KuCoin's Into the Cryptoverse Report<\/a><\/figcaption><\/figure>\n\n\n\n

Crypto Regulation In Germany Is A Work In Progress<\/h2>\n\n\n\n

CEO of KuCoin Johnny Lyu belives the report clearly highlights the growing demand for cryptocurrencies within Germany. <\/p>\n\n\n\n

The German government were the first one to recognize Bitcoins as a \u201cunit of value and could be classified as a financial instrument,\u201d although they have had only \u201csome success in regulating crypto,\u201d states Lyu.  <\/p>\n\n\n\n

The official report reads that it is \"easy for individuals to invest in cryptocurrency\" in Germany and crypto gains are tax exempt if they've been held for over a year.<\/p>\n\n\n\n

\u201cCryptocurrencies are very popular among the supporters of the accumulation strategy, especially among the younger generation. They prefer to save for retirement on their own and diversify their savings through the use of cryptocurrencies.\u201d<\/em><\/p>Into the Cryptoverse Report<\/cite><\/blockquote>\n","post_title":"Crypto Adoption Rates Rising In Germany: Report","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"crypto-adoption-rates-rising-in-germany-report","to_ping":"","pinged":"","post_modified":"2023-04-11 12:50:14","post_modified_gmt":"2023-04-11 02:50:14","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=4132","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":4127,"post_author":"1","post_date":"2022-03-28 11:32:56","post_date_gmt":"2022-03-28 00:32:56","post_content":"\n

Bitcoin has pumped<\/a> to a high of $46,826. This is the coin's highest price since January 1st of this year when it reached $47,686.<\/p>\n\n\n\n

\"\"
Bitcoin Price Data (28th March) - Source: CoinMarketCap<\/a><\/figcaption><\/figure>\n\n\n\n

The breakout of Bitcoin can be linked to the socio-economics currently taking place in the world. With the war against Ukraine, crypto has become an outlet for war-torn victims who cannot safely use their fiat currencies.<\/p>\n\n\n\n

Ukraine has been able to utilize the decentralized nature of cryptocurrencies to gain support<\/a> for their country, compared to sites like GoFundMe where many pages have been blocked for violating their strict policies.<\/p>\n\n\n\n

Despite Bitcoin being down over 30% from all-time highs, the coin has traded relatively stable in 2022 according to its historical price data. The relationship between Bitcoin and the S&P500 has hit a 17 month high<\/a>, dictating the stability it has seen in comparison to other 'stable' investments.<\/p>\n","post_title":"Bitcoin Reaches $46,000 For First Time Since January","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"bitcoin-reaches-46000-for-first-time-since-january","to_ping":"","pinged":"\nhttps:\/\/www.thedistributed.co\/ukraine-dao-launches-1-1-nft-to-raise-funds-to-help-war-torn-ukrainians\/","post_modified":"2023-04-11 12:50:26","post_modified_gmt":"2023-04-11 02:50:26","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=4127","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":4122,"post_author":"1","post_date":"2022-03-27 22:04:13","post_date_gmt":"2022-03-27 11:04:13","post_content":"\n

The US Department of Justice (DOJ) <\/a>has announced<\/a> the arrest of two men over a conspiracy to launder money and commit wire fraud \u201cin connection with a million-dollar scheme to defraud purchasers of NFTs advertised as Frosties<\/a>.\u201d<\/p>\n\n\n\n

Suspects Ethan Nguyen (20) and Andre Llacuna (20) were accused of lying about promises that came with the purchase of their NFT collection and withdrawing money from the collection through multiple transactions. Nguyen and Llacuna were identified after they were linked with the IPs linked with Coinbase accounts that the money was withdrawn to through the NFT collection.<\/p>\n\n\n\n

NFT Scam In The Making<\/h2>\n\n\n\n

The official report released by the DOJ details that a total of 8,888 Frosties were released at a floor price of 0.04 ETH (~US$125 at the time). All 8,888 were sold out within 48 minutes of being released making the criminals a cool 356.56 ETH (~US$1,105,000).<\/p>\n\n\n\n

The report by the DOJ outlines that Nguyen and Llacuna \"abruptly abandoned the Frosties NFT project within hours after selling out of Frosties NFTs, deactivated the Frosties website, and transferred approximately $1.1 million in cryptocurrency proceeds from the scheme to various cryptocurrency wallets under their control in multiple transactions designed to obfuscate the original source of funds.\"<\/p>\n\n\n\n

Prior to their arrests, Nguyen and Llacuna were advertising a second NFT project under the name \"Embers\", which had many similarities to the Frosties NFT project. The DOJ believes that this was another \"fraud scheme\".<\/p>\n\n\n\n

Both of the criminals are facing serious time in relation to the scam. This goes to show although cryptocurrencies are based around anonymity, it doesn't allow for illegal acts to stay hidden either.<\/p>\n","post_title":"Frosties NFT Rugpullers Arrested Over A $1.1 Million Scam","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"frosties-nft-rugpullers-arrested-over-a-1-1-million-scam","to_ping":"","pinged":"","post_modified":"2022-03-27 22:51:07","post_modified_gmt":"2022-03-27 11:51:07","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=4122","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":4116,"post_author":"1","post_date":"2022-03-26 17:39:16","post_date_gmt":"2022-03-26 06:39:16","post_content":"\n

According to reports released on Friday, Indian Finance Minister Nirmala Sitharaman has introduced a capital gains tax of 30% on cryptocurrency transactions.\u00a0<\/p>\n\n\n\n

To add, Indians buying or selling crypto will have to pay a 1% tax deducted at source (TDS), as well as taxes on crypto gifts. The bill states that users are not able to take deductions for any losses. <\/p>\n\n\n\n

The crypto taxes will come into effect on April 1, while the TDS will start on July 1.<\/p>\n\n\n\n

\nhttps:\/\/twitter.com\/WatcherGuru\/status\/1507334988164964355?ref_src=twsrc%5Etfw%7Ctwcamp%5Etweetembed%7Ctwterm%5E1507334988164964355%7Ctwgr%5E%7Ctwcon%5Es1_&ref_url=https%3A%2F%2Fen.ethereumworldnews.com%2Findia-heavy-crypto-tax-law%2F\n<\/div><\/figure>\n\n\n\n

The bill was initially proposed<\/a> in Feburary but was met with heavy backlash<\/a> by Indians, calling for changes to the imposed policy.<\/p>\n\n\n\n

The bill was met with criticism in the government, 20+ members of the lower house of Parliment criticized the lack of definition of the word cryptocurrency in the bill arguing that this would \"finish the industry\". Criticisers were met with a sharp response that \"there is no confusing signal\". <\/p>\n\n\n\n

Sitharaman states the main reason for the tax is because people are profiting from it. Despite this Indians are still not able to take deductions for any losses.<\/p>\n\n\n\n

Many cryptocurrency companies and users are considering filing an appeal to the Indian Supreme Court. <\/p>\n","post_title":"Indian Parliament Passes A 30% Crypto Tax Law","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"indian-parliament-passes-a-30-crypto-tax-law","to_ping":"","pinged":"\nhttps:\/\/www.thedistributed.co\/petition-to-reduce-30-tax-on-crypto-gains-in-india-reaches-a-25000-signatures-milestone%ef%bf%bc\/","post_modified":"2022-03-26 17:42:58","post_modified_gmt":"2022-03-26 06:42:58","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=4116","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":4110,"post_author":"1","post_date":"2022-03-26 12:54:51","post_date_gmt":"2022-03-26 01:54:51","post_content":"\n

Google has filed<\/a> a trademark application for a 'Non-Fungible Planet'. Although it seems that the trademark has less to do with cryptocurrencies and more to do with environmental activism.<\/p>\n\n\n\n

The filing is an 'educational' campaign aimed at \u201cproviding information about environmental protection, conservation, energy efficiency, climate change, reducing carbon footprints, environmental issues and sustainability efforts\".<\/p>\n\n\n\n

The project aims to provide \"educational and entertainment services, namely, providing online non-downloadable videos featuring information in the fields of environmental protection, conservation, energy efficiency, climate change, reducing carbon footprints, environmental issues and sustainability efforts.\"<\/p>\n\n\n\n

Non-Fungible Planet is implicative of Non-Fungible Tokens (NFTs<\/a>) which have taken the crypto industry by storm in the last few years. Although the filing itself makes no mention of NFTs. Non-fungible can be defined as something that cannot be replicated like for like, so in reference to Google's campaign, this could be that we only have one planet and mustn't spoil it.<\/p>\n","post_title":"'Non-Fungible Planet' Is Google's Newest Trademark Filing","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"non-fungible-planet-is-googles-newest-trademark-filing","to_ping":"","pinged":"","post_modified":"2022-03-26 17:43:23","post_modified_gmt":"2022-03-26 06:43:23","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=4110","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":4106,"post_author":"1","post_date":"2022-03-25 21:40:55","post_date_gmt":"2022-03-25 10:40:55","post_content":"\n

Bitcoin ATM operator, Bitcoin of America<\/a> announced<\/a> in a press release that their ATMs support the transaction of Dogecoin ($DOGE).<\/p>\n\n\n\n

\nhttps:\/\/twitter.com\/BTCofAmerica\/status\/1506632012454629390?ref_src=twsrc%5Etfw%7Ctwcamp%5Etweetembed%7Ctwterm%5E1506632012454629390%7Ctwgr%5E%7Ctwcon%5Es1_&ref_url=https%3A%2F%2Fu.today%2Fdogecoin-now-added-to-bitcoin-of-america-atms-details\n<\/div><\/figure>\n\n\n\n

After recognizing the popularity of the meme-coin and the attention it could bring, Bitcoin of America added the currency to their BTMs. Dogecoin ($DOGE<\/a>) is now available for transactions alongside Bitcoin ($BTC<\/a>), Ethereum ($ETH<\/a>), and Litecoin ($LTC<\/a>). To date, Bitcoin of America has 1800 plus BTMs across 31 states.\u00a0<\/p>\n\n\n\n

Bitcoin of America has made several updates to its BTMs with the announcement of its new Universal Kiosk.\u00a0The new universal kiosk combines the capabilities of a traditional ATM with a Bitcoin ATM and offers 3 main functions. The first is the traditional ATM feature where customers can dispense cash from a debit card. The second function is being able to\u00a0buy cryptocurrency\u00a0with cash. The last is that customers can sell crypto in return for cash.<\/p>\n\n\n\n

Dogecoin has rallied in the past few days going from $0.123 to a high of $0.140. The current market cap is sitting at US$18 billion.<\/p>\n\n\n\n

\"\"
Dogecoin 2-Day Price Data - Source: CoinMarketCap<\/figcaption><\/figure>\n","post_title":"Bitcoin ATM Operator Now Supports $DOGE","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"bitcoin-atm-operator-now-supports-doge","to_ping":"","pinged":"","post_modified":"2023-04-11 12:50:37","post_modified_gmt":"2023-04-11 02:50:37","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=4106","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":4087,"post_author":"1","post_date":"2022-03-24 23:37:18","post_date_gmt":"2022-03-24 12:37:18","post_content":"\n

In a\u00a0blog post<\/a>\u00a0by Loopring's head of growth, Adam Browman states that \"the GameStop NFT Marketplace has taken its first steps to welcome users, and it is built atop Loopring!\"<\/p>\n\n\n\n

Browman believes that the project \"has the potential to cement itself at the forefront of this new paradigm and become the destination for global digital economies.\" The blog post states that users can get early access to the project now to set up usernames and profiles, as well as make their first deposits.<\/p>\n\n\n\n

GameStop and NFTs<\/h2>\n\n\n\n

Rumors circulating since November\u00a0suggested that Loopring might be working with GameStop on a metaverse-related project. The Wall Street Journal\u00a0reported<\/a> in January\u00a0that GameStop was planning to build a new team focused on NFTs.<\/p>\n\n\n\n

Soon after that announcement, GameStop mentioned Immuntable X as their primary partner for the project. Despite this fact, Loopring was mentioned<\/a> at the time in an SEC filing<\/a>.<\/p>\n\n\n\n

According to an article from Decrypt<\/a>, there has been a lot of confusion on the topic and who is powering the NFT marketplace. It turns out that both Loopring and Immutable X are powering the NFT plans of GameStop. Although Immutable X tweeted<\/a> in a thread how they are the \"preferred partner\".<\/p>\n\n\n\n

Immutable mentioned the Loopring integration \u201cwas not a surprise (and we welcome them!).\" The marketplace will act as an aggregator across NFT minting platforms. Although, it appears that Immutable X will receive the most focus on the marketplace being the \"preferred partner\".<\/p>\n\n\n\n

\nhttps:\/\/twitter.com\/Immutable\/status\/1506596126677295108\n<\/div><\/figure>\n\n\n\n

Since the announcement, $LRC<\/a>, the native token of Layer 2 blockchain<\/a> Loopring has soared over 35% to a high of $1.21. Although it is now trading steadily at $1.09. Loopring is currently sitting at a market cap of US$1.46 billion, according to data from CoinMarketCap.<\/p>\n\n\n\n

$IMX<\/a>, the token on the Immutable X blockchain is down 8.9% in the past 24 hours, trading at $2.19, according to data from CoinMarketCap.<\/p>\n\n\n\n

The other company in the mix, GameStop also had a huge day seeing a 14.5% gain to $141 in GME<\/a> stocks. Over 24 million GME shares were traded today alone. <\/p>\n","post_title":"GameStop NFT Marketplace Has Entered Beta, Integrated With Loopring","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"gamestop-nft-marketplace-has-entered-beta-integrated-with-loopring","to_ping":"","pinged":"","post_modified":"2022-03-24 23:37:42","post_modified_gmt":"2022-03-24 12:37:42","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=4087","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":4089,"post_author":"1","post_date":"2022-03-24 22:46:11","post_date_gmt":"2022-03-24 11:46:11","post_content":"\n

Floyd \u2019Money\u2019 Mayweather has re-entered the world of cryptocurrency with the announcement of his 2nd NFT project, dubbed Mayweverse. <\/p>\n\n\n\n

The project will consist of 5 different NFTs, each NFT will have 1000 copies available to mint. Every card has its own rarity, utility, and prizes. <\/p>\n\n\n\n

Despite how good it may sounds, Twitter users were quick to criticize. Floyd was reminded<\/a> of his previous NFT project<\/a>, which made him nearly US$5 million and is now worthless. \u201cYou already have an NFT project, it\u2019s called @RealFloydNFT. You released it last year and then stopped working on it immediately after. Have you been punched in the head so much that you\u2019re forgetting these things now?\u201d<\/p>\n\n\n\n

\nhttps:\/\/twitter.com\/Berke_eth\/status\/1506051809542037506\n<\/div><\/figure>\n\n\n\n

Users were quick to call his bluff<\/a>. Floyd states that he has been working on this for months, although the twitter handle @mayweverse<\/a> was created this month. <\/p>\n\n\n\n

Coffezilla, known for calling out rug pulls and scams within the industry tweeted<\/a> his thoughts on the NFT project. He states \"Floyd Mayweather is frantically deleting evidence of his last NFT scam. He's getting roasted by the investors.\" <\/p>\n\n\n\n

Will this NFT collection follow in the footsteps of his previous NFT collection and be abandoned, or will he stick by his word?<\/p>\n","post_title":"Floyd Mayweather Re-enters The World Of Crypto With \u2018Mayweverse\u2019 NFT Project","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"floyd-mayweather-re-enters-the-world-of-crypto-with-mayweverse-nft-project","to_ping":"","pinged":"","post_modified":"2022-03-24 23:37:53","post_modified_gmt":"2022-03-24 12:37:53","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=4089","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":4040,"post_author":"1","post_date":"2022-03-23 22:24:41","post_date_gmt":"2022-03-23 11:24:41","post_content":"\n

Crypto.com has announced<\/a> they are the official sponsor of the 2022 FIFA World Cup hosted in Qatar.<\/p>\n\n\n\n

As per their official announcement, Crypto.com will be the exclusive cryptocurrency trading platform sponsor of the event, benefitting from significant brand exposure both within and outside the stadiums.<\/p>\n\n\n\n

\nhttps:\/\/twitter.com\/cryptocom\/status\/1506424728818679808\n<\/div><\/figure>\n\n\n\n

\u201cCrypto.com has already demonstrated a commitment to supporting top-tier teams and leagues, major events and iconic venues across the world, and there is no platform bigger, or with a greater reach and cultural impact, than FIFA\u2019s global platform of football,\u201d<\/p>Kay Madati, FIFA\u2019s Chief Commercial Officer.<\/cite><\/blockquote>\n\n\n\n

In November of 2021, Crypto.com announced they bought the rights to the Staples Arena,<\/a> in a historic deal inked at US$700 million. Crypto.com has also\u00a0partnered with the Australian Football League<\/a>\u00a0in a $25 million deal, signed a $100-million sponsorship with Formula 1, and confirmed a $175 million sponsorship with the UFC.<\/p>\n\n\n\n

CEO and Co-Founder of Crypto.com Kris Marszalek believes that the sponsorship with the FIFA World Cup will \u201cdrive further awareness of Crypto.com globally.\u201d This is just one more addition to their expanding list of sponsorships worldwide.<\/p>\n","post_title":"CryptoCom Is The Main Sponsor Of The 2022 World Cup","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"crypto-com-is-the-main-sponsor-of-the-2022-world-cup","to_ping":"","pinged":"\nhttps:\/\/www.thedistributed.co\/crypto-com-arena-deal-sealed\/","post_modified":"2022-06-06 21:35:19","post_modified_gmt":"2022-06-06 11:35:19","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=4040","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};

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\n

Binance U.S. CEO Brian Shroder believes Binance U.S. is on track for an initial public offering (IPO) within the next 2 to 3 years. To add, funding of around a \"couple hundred million dollars\" is to be announced in April, according to reports from Binance founder Changpeng Zhao (CZ) in November last year.<\/p>\n\n\n\n

In Q4 of 2021, Binance U.S. saw higher profits compared to the entirety of Uber since its inception in 2009, said Shroder.<\/p>\n\n\n\n

According to reports, Binance U.S. will have a license in every region of the United States by the end of 2022. Currently, Binance is seeking licenses in; Hawaii, New York, Texas, Idaho, and Vermont. Once these licenses are approved Binance U.S. will officially be entitled to the right to operate with the exchange of cryptocurrencies.<\/p>\n\n\n\n

Fellow exchange Coinbase saw its IPO launch<\/a> in April of 2021, with its market cap exceeding $100 billion after its debut, although it fell to $62 billion at the close. Since its launch, the stock is down -41.11%. Despite this fact Q2 of 2021 they had 56 million users, in Q4 of 2021 they had 89 million, according to Statista<\/a>.<\/p>\n\n\n\n

Can we see Binance following in the footsteps of Coinbase in the coming years?<\/p>\n","post_title":"Binance U.S. On Route For An IPO","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"binance-u-s-on-route-for-an-ipo","to_ping":"","pinged":"","post_modified":"2022-05-28 18:10:45","post_modified_gmt":"2022-05-28 08:10:45","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=4157","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":4132,"post_author":"1","post_date":"2022-03-28 16:56:18","post_date_gmt":"2022-03-28 05:56:18","post_content":"\n

Cryptocurrency exchange KuCoin<\/a> has released a report<\/a> titled 'Into the Cryptoverse 2022' and found that almost half of Germans are motivated to invest in cryptocurrencies.<\/p>\n\n\n\n

Adoption Of Cryptocurrencies In Germany<\/h2>\n\n\n\n

The\u00a0report found that 44% of Germans are motivated to invest in cryptocurrencies to \"be a part of the future of finance\" and hope to become financially independent with the help of cryptocurrencies to improve their family's living conditions.<\/p>\n\n\n\n

30% consider crypto as a reliable store of value whereas 35% of them would do it for the opportunity to earn a passive income. To add, 16% of the country\u2019s population (18 - 60 yrs old) have already invested in crypto or have been trading it within the past six months. Out of those expressing their interests, 77% of the 'crypto-curious' are researching potential assets to invest in and 31% of the same group plans to start lending their cryptocurrencies through staking.<\/p>\n\n\n\n

The report also found that \"69% of crypto investors are men, while women account for 53% of the crypto-curious.\" This shows the growing interest in cryptocurrencies in German females. BlockFi found<\/a> that in the U.S.A. almost a third of women were planning to invest in crypto by the end of the year.<\/p>\n\n\n\n

Profile of Crypto Investors & Crypto-Curious<\/h3>\n\n\n\n
\"\"
Source: KuCoin's Into the Cryptoverse Report<\/a><\/figcaption><\/figure>\n\n\n\n

Crypto Regulation In Germany Is A Work In Progress<\/h2>\n\n\n\n

CEO of KuCoin Johnny Lyu belives the report clearly highlights the growing demand for cryptocurrencies within Germany. <\/p>\n\n\n\n

The German government were the first one to recognize Bitcoins as a \u201cunit of value and could be classified as a financial instrument,\u201d although they have had only \u201csome success in regulating crypto,\u201d states Lyu.  <\/p>\n\n\n\n

The official report reads that it is \"easy for individuals to invest in cryptocurrency\" in Germany and crypto gains are tax exempt if they've been held for over a year.<\/p>\n\n\n\n

\u201cCryptocurrencies are very popular among the supporters of the accumulation strategy, especially among the younger generation. They prefer to save for retirement on their own and diversify their savings through the use of cryptocurrencies.\u201d<\/em><\/p>Into the Cryptoverse Report<\/cite><\/blockquote>\n","post_title":"Crypto Adoption Rates Rising In Germany: Report","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"crypto-adoption-rates-rising-in-germany-report","to_ping":"","pinged":"","post_modified":"2023-04-11 12:50:14","post_modified_gmt":"2023-04-11 02:50:14","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=4132","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":4127,"post_author":"1","post_date":"2022-03-28 11:32:56","post_date_gmt":"2022-03-28 00:32:56","post_content":"\n

Bitcoin has pumped<\/a> to a high of $46,826. This is the coin's highest price since January 1st of this year when it reached $47,686.<\/p>\n\n\n\n

\"\"
Bitcoin Price Data (28th March) - Source: CoinMarketCap<\/a><\/figcaption><\/figure>\n\n\n\n

The breakout of Bitcoin can be linked to the socio-economics currently taking place in the world. With the war against Ukraine, crypto has become an outlet for war-torn victims who cannot safely use their fiat currencies.<\/p>\n\n\n\n

Ukraine has been able to utilize the decentralized nature of cryptocurrencies to gain support<\/a> for their country, compared to sites like GoFundMe where many pages have been blocked for violating their strict policies.<\/p>\n\n\n\n

Despite Bitcoin being down over 30% from all-time highs, the coin has traded relatively stable in 2022 according to its historical price data. The relationship between Bitcoin and the S&P500 has hit a 17 month high<\/a>, dictating the stability it has seen in comparison to other 'stable' investments.<\/p>\n","post_title":"Bitcoin Reaches $46,000 For First Time Since January","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"bitcoin-reaches-46000-for-first-time-since-january","to_ping":"","pinged":"\nhttps:\/\/www.thedistributed.co\/ukraine-dao-launches-1-1-nft-to-raise-funds-to-help-war-torn-ukrainians\/","post_modified":"2023-04-11 12:50:26","post_modified_gmt":"2023-04-11 02:50:26","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=4127","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":4122,"post_author":"1","post_date":"2022-03-27 22:04:13","post_date_gmt":"2022-03-27 11:04:13","post_content":"\n

The US Department of Justice (DOJ) <\/a>has announced<\/a> the arrest of two men over a conspiracy to launder money and commit wire fraud \u201cin connection with a million-dollar scheme to defraud purchasers of NFTs advertised as Frosties<\/a>.\u201d<\/p>\n\n\n\n

Suspects Ethan Nguyen (20) and Andre Llacuna (20) were accused of lying about promises that came with the purchase of their NFT collection and withdrawing money from the collection through multiple transactions. Nguyen and Llacuna were identified after they were linked with the IPs linked with Coinbase accounts that the money was withdrawn to through the NFT collection.<\/p>\n\n\n\n

NFT Scam In The Making<\/h2>\n\n\n\n

The official report released by the DOJ details that a total of 8,888 Frosties were released at a floor price of 0.04 ETH (~US$125 at the time). All 8,888 were sold out within 48 minutes of being released making the criminals a cool 356.56 ETH (~US$1,105,000).<\/p>\n\n\n\n

The report by the DOJ outlines that Nguyen and Llacuna \"abruptly abandoned the Frosties NFT project within hours after selling out of Frosties NFTs, deactivated the Frosties website, and transferred approximately $1.1 million in cryptocurrency proceeds from the scheme to various cryptocurrency wallets under their control in multiple transactions designed to obfuscate the original source of funds.\"<\/p>\n\n\n\n

Prior to their arrests, Nguyen and Llacuna were advertising a second NFT project under the name \"Embers\", which had many similarities to the Frosties NFT project. The DOJ believes that this was another \"fraud scheme\".<\/p>\n\n\n\n

Both of the criminals are facing serious time in relation to the scam. This goes to show although cryptocurrencies are based around anonymity, it doesn't allow for illegal acts to stay hidden either.<\/p>\n","post_title":"Frosties NFT Rugpullers Arrested Over A $1.1 Million Scam","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"frosties-nft-rugpullers-arrested-over-a-1-1-million-scam","to_ping":"","pinged":"","post_modified":"2022-03-27 22:51:07","post_modified_gmt":"2022-03-27 11:51:07","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=4122","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":4116,"post_author":"1","post_date":"2022-03-26 17:39:16","post_date_gmt":"2022-03-26 06:39:16","post_content":"\n

According to reports released on Friday, Indian Finance Minister Nirmala Sitharaman has introduced a capital gains tax of 30% on cryptocurrency transactions.\u00a0<\/p>\n\n\n\n

To add, Indians buying or selling crypto will have to pay a 1% tax deducted at source (TDS), as well as taxes on crypto gifts. The bill states that users are not able to take deductions for any losses. <\/p>\n\n\n\n

The crypto taxes will come into effect on April 1, while the TDS will start on July 1.<\/p>\n\n\n\n

\nhttps:\/\/twitter.com\/WatcherGuru\/status\/1507334988164964355?ref_src=twsrc%5Etfw%7Ctwcamp%5Etweetembed%7Ctwterm%5E1507334988164964355%7Ctwgr%5E%7Ctwcon%5Es1_&ref_url=https%3A%2F%2Fen.ethereumworldnews.com%2Findia-heavy-crypto-tax-law%2F\n<\/div><\/figure>\n\n\n\n

The bill was initially proposed<\/a> in Feburary but was met with heavy backlash<\/a> by Indians, calling for changes to the imposed policy.<\/p>\n\n\n\n

The bill was met with criticism in the government, 20+ members of the lower house of Parliment criticized the lack of definition of the word cryptocurrency in the bill arguing that this would \"finish the industry\". Criticisers were met with a sharp response that \"there is no confusing signal\". <\/p>\n\n\n\n

Sitharaman states the main reason for the tax is because people are profiting from it. Despite this Indians are still not able to take deductions for any losses.<\/p>\n\n\n\n

Many cryptocurrency companies and users are considering filing an appeal to the Indian Supreme Court. <\/p>\n","post_title":"Indian Parliament Passes A 30% Crypto Tax Law","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"indian-parliament-passes-a-30-crypto-tax-law","to_ping":"","pinged":"\nhttps:\/\/www.thedistributed.co\/petition-to-reduce-30-tax-on-crypto-gains-in-india-reaches-a-25000-signatures-milestone%ef%bf%bc\/","post_modified":"2022-03-26 17:42:58","post_modified_gmt":"2022-03-26 06:42:58","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=4116","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":4110,"post_author":"1","post_date":"2022-03-26 12:54:51","post_date_gmt":"2022-03-26 01:54:51","post_content":"\n

Google has filed<\/a> a trademark application for a 'Non-Fungible Planet'. Although it seems that the trademark has less to do with cryptocurrencies and more to do with environmental activism.<\/p>\n\n\n\n

The filing is an 'educational' campaign aimed at \u201cproviding information about environmental protection, conservation, energy efficiency, climate change, reducing carbon footprints, environmental issues and sustainability efforts\".<\/p>\n\n\n\n

The project aims to provide \"educational and entertainment services, namely, providing online non-downloadable videos featuring information in the fields of environmental protection, conservation, energy efficiency, climate change, reducing carbon footprints, environmental issues and sustainability efforts.\"<\/p>\n\n\n\n

Non-Fungible Planet is implicative of Non-Fungible Tokens (NFTs<\/a>) which have taken the crypto industry by storm in the last few years. Although the filing itself makes no mention of NFTs. Non-fungible can be defined as something that cannot be replicated like for like, so in reference to Google's campaign, this could be that we only have one planet and mustn't spoil it.<\/p>\n","post_title":"'Non-Fungible Planet' Is Google's Newest Trademark Filing","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"non-fungible-planet-is-googles-newest-trademark-filing","to_ping":"","pinged":"","post_modified":"2022-03-26 17:43:23","post_modified_gmt":"2022-03-26 06:43:23","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=4110","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":4106,"post_author":"1","post_date":"2022-03-25 21:40:55","post_date_gmt":"2022-03-25 10:40:55","post_content":"\n

Bitcoin ATM operator, Bitcoin of America<\/a> announced<\/a> in a press release that their ATMs support the transaction of Dogecoin ($DOGE).<\/p>\n\n\n\n

\nhttps:\/\/twitter.com\/BTCofAmerica\/status\/1506632012454629390?ref_src=twsrc%5Etfw%7Ctwcamp%5Etweetembed%7Ctwterm%5E1506632012454629390%7Ctwgr%5E%7Ctwcon%5Es1_&ref_url=https%3A%2F%2Fu.today%2Fdogecoin-now-added-to-bitcoin-of-america-atms-details\n<\/div><\/figure>\n\n\n\n

After recognizing the popularity of the meme-coin and the attention it could bring, Bitcoin of America added the currency to their BTMs. Dogecoin ($DOGE<\/a>) is now available for transactions alongside Bitcoin ($BTC<\/a>), Ethereum ($ETH<\/a>), and Litecoin ($LTC<\/a>). To date, Bitcoin of America has 1800 plus BTMs across 31 states.\u00a0<\/p>\n\n\n\n

Bitcoin of America has made several updates to its BTMs with the announcement of its new Universal Kiosk.\u00a0The new universal kiosk combines the capabilities of a traditional ATM with a Bitcoin ATM and offers 3 main functions. The first is the traditional ATM feature where customers can dispense cash from a debit card. The second function is being able to\u00a0buy cryptocurrency\u00a0with cash. The last is that customers can sell crypto in return for cash.<\/p>\n\n\n\n

Dogecoin has rallied in the past few days going from $0.123 to a high of $0.140. The current market cap is sitting at US$18 billion.<\/p>\n\n\n\n

\"\"
Dogecoin 2-Day Price Data - Source: CoinMarketCap<\/figcaption><\/figure>\n","post_title":"Bitcoin ATM Operator Now Supports $DOGE","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"bitcoin-atm-operator-now-supports-doge","to_ping":"","pinged":"","post_modified":"2023-04-11 12:50:37","post_modified_gmt":"2023-04-11 02:50:37","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=4106","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":4087,"post_author":"1","post_date":"2022-03-24 23:37:18","post_date_gmt":"2022-03-24 12:37:18","post_content":"\n

In a\u00a0blog post<\/a>\u00a0by Loopring's head of growth, Adam Browman states that \"the GameStop NFT Marketplace has taken its first steps to welcome users, and it is built atop Loopring!\"<\/p>\n\n\n\n

Browman believes that the project \"has the potential to cement itself at the forefront of this new paradigm and become the destination for global digital economies.\" The blog post states that users can get early access to the project now to set up usernames and profiles, as well as make their first deposits.<\/p>\n\n\n\n

GameStop and NFTs<\/h2>\n\n\n\n

Rumors circulating since November\u00a0suggested that Loopring might be working with GameStop on a metaverse-related project. The Wall Street Journal\u00a0reported<\/a> in January\u00a0that GameStop was planning to build a new team focused on NFTs.<\/p>\n\n\n\n

Soon after that announcement, GameStop mentioned Immuntable X as their primary partner for the project. Despite this fact, Loopring was mentioned<\/a> at the time in an SEC filing<\/a>.<\/p>\n\n\n\n

According to an article from Decrypt<\/a>, there has been a lot of confusion on the topic and who is powering the NFT marketplace. It turns out that both Loopring and Immutable X are powering the NFT plans of GameStop. Although Immutable X tweeted<\/a> in a thread how they are the \"preferred partner\".<\/p>\n\n\n\n

Immutable mentioned the Loopring integration \u201cwas not a surprise (and we welcome them!).\" The marketplace will act as an aggregator across NFT minting platforms. Although, it appears that Immutable X will receive the most focus on the marketplace being the \"preferred partner\".<\/p>\n\n\n\n

\nhttps:\/\/twitter.com\/Immutable\/status\/1506596126677295108\n<\/div><\/figure>\n\n\n\n

Since the announcement, $LRC<\/a>, the native token of Layer 2 blockchain<\/a> Loopring has soared over 35% to a high of $1.21. Although it is now trading steadily at $1.09. Loopring is currently sitting at a market cap of US$1.46 billion, according to data from CoinMarketCap.<\/p>\n\n\n\n

$IMX<\/a>, the token on the Immutable X blockchain is down 8.9% in the past 24 hours, trading at $2.19, according to data from CoinMarketCap.<\/p>\n\n\n\n

The other company in the mix, GameStop also had a huge day seeing a 14.5% gain to $141 in GME<\/a> stocks. Over 24 million GME shares were traded today alone. <\/p>\n","post_title":"GameStop NFT Marketplace Has Entered Beta, Integrated With Loopring","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"gamestop-nft-marketplace-has-entered-beta-integrated-with-loopring","to_ping":"","pinged":"","post_modified":"2022-03-24 23:37:42","post_modified_gmt":"2022-03-24 12:37:42","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=4087","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":4089,"post_author":"1","post_date":"2022-03-24 22:46:11","post_date_gmt":"2022-03-24 11:46:11","post_content":"\n

Floyd \u2019Money\u2019 Mayweather has re-entered the world of cryptocurrency with the announcement of his 2nd NFT project, dubbed Mayweverse. <\/p>\n\n\n\n

The project will consist of 5 different NFTs, each NFT will have 1000 copies available to mint. Every card has its own rarity, utility, and prizes. <\/p>\n\n\n\n

Despite how good it may sounds, Twitter users were quick to criticize. Floyd was reminded<\/a> of his previous NFT project<\/a>, which made him nearly US$5 million and is now worthless. \u201cYou already have an NFT project, it\u2019s called @RealFloydNFT. You released it last year and then stopped working on it immediately after. Have you been punched in the head so much that you\u2019re forgetting these things now?\u201d<\/p>\n\n\n\n

\nhttps:\/\/twitter.com\/Berke_eth\/status\/1506051809542037506\n<\/div><\/figure>\n\n\n\n

Users were quick to call his bluff<\/a>. Floyd states that he has been working on this for months, although the twitter handle @mayweverse<\/a> was created this month. <\/p>\n\n\n\n

Coffezilla, known for calling out rug pulls and scams within the industry tweeted<\/a> his thoughts on the NFT project. He states \"Floyd Mayweather is frantically deleting evidence of his last NFT scam. He's getting roasted by the investors.\" <\/p>\n\n\n\n

Will this NFT collection follow in the footsteps of his previous NFT collection and be abandoned, or will he stick by his word?<\/p>\n","post_title":"Floyd Mayweather Re-enters The World Of Crypto With \u2018Mayweverse\u2019 NFT Project","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"floyd-mayweather-re-enters-the-world-of-crypto-with-mayweverse-nft-project","to_ping":"","pinged":"","post_modified":"2022-03-24 23:37:53","post_modified_gmt":"2022-03-24 12:37:53","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=4089","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":4040,"post_author":"1","post_date":"2022-03-23 22:24:41","post_date_gmt":"2022-03-23 11:24:41","post_content":"\n

Crypto.com has announced<\/a> they are the official sponsor of the 2022 FIFA World Cup hosted in Qatar.<\/p>\n\n\n\n

As per their official announcement, Crypto.com will be the exclusive cryptocurrency trading platform sponsor of the event, benefitting from significant brand exposure both within and outside the stadiums.<\/p>\n\n\n\n

\nhttps:\/\/twitter.com\/cryptocom\/status\/1506424728818679808\n<\/div><\/figure>\n\n\n\n

\u201cCrypto.com has already demonstrated a commitment to supporting top-tier teams and leagues, major events and iconic venues across the world, and there is no platform bigger, or with a greater reach and cultural impact, than FIFA\u2019s global platform of football,\u201d<\/p>Kay Madati, FIFA\u2019s Chief Commercial Officer.<\/cite><\/blockquote>\n\n\n\n

In November of 2021, Crypto.com announced they bought the rights to the Staples Arena,<\/a> in a historic deal inked at US$700 million. Crypto.com has also\u00a0partnered with the Australian Football League<\/a>\u00a0in a $25 million deal, signed a $100-million sponsorship with Formula 1, and confirmed a $175 million sponsorship with the UFC.<\/p>\n\n\n\n

CEO and Co-Founder of Crypto.com Kris Marszalek believes that the sponsorship with the FIFA World Cup will \u201cdrive further awareness of Crypto.com globally.\u201d This is just one more addition to their expanding list of sponsorships worldwide.<\/p>\n","post_title":"CryptoCom Is The Main Sponsor Of The 2022 World Cup","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"crypto-com-is-the-main-sponsor-of-the-2022-world-cup","to_ping":"","pinged":"\nhttps:\/\/www.thedistributed.co\/crypto-com-arena-deal-sealed\/","post_modified":"2022-06-06 21:35:19","post_modified_gmt":"2022-06-06 11:35:19","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=4040","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};

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