As the DeFi space continues its technical resurgence, essential news on funding, innovation and DAOs continues to drive adoption in what remains a nascent industry.Continue Reading on Coin Telegraph More
U.S. administration officials said on Friday they would work to ensure access to $3.5 billion of the assets would benefit the Afghan people, amid calls for the money to be used to address a deepening economic crisis since the Taliban seized power last year.The other half of the funds would remain in the United States, subject to ongoing litigation targeting the Taliban, including by relatives of those who died in the Sept. 11 attacks, the officials said.Da Afghanistan Bank (DAB) criticised the decision, saying its assets had been invested in the United States in line with international practices, and belonged to the people of Afghanistan.”DAB considers the latest decision of USA on blocking FX (foreign exchange) reserves and allocating them to irrelevant purposes, injustice to the people of Afghanistan,” the central bank said in a statement.”(DAB) will never accept if the FX reserves of Afghanistan is paid under the name of compensation or humanitarian assistance to others and wants the reversal of the decision and release of all FX reserves of Afghanistan,” it added.The central bank funds have been frozen since the Taliban took over the country as foreign forces withdrew in August. The frozen funding combined with sanctions and a drop off in development funding have sent the country’s economy into freefall, unleashing a humanitarian crisis. More
PARMA, Italy (Reuters) -The European Central Bank (ECB) will keep a flexible approach as it unwinds its ultra-expansionary monetary policy, monitoring not only inflation threats but also risks of uneven financing conditions across euro zone countries, a top policymaker said.ECB Governing Council member Ignazio Visco told a conference that the impact of the energy price shock should gradually wane in 2023, provided inflation expectations remain anchored and in the absence of a wage-price spiral.Visco, also Bank of Italy governor, said inflation pressures had turned out to be more prolonged than initially envisaged and, in the short term, risks of higher consumer prices had increased. But so had risks of slower economic activity.”The council’s March meeting must carefully examine and discuss these developments and their possible consequences,” he said at the annual ASSIOM-FOREX conference on Saturday. The ECB will update, and likely increase, its inflation forecasts in March, when its council is also expected to change its December guidance that it would buy bonds at least until October and only raise rates after those purchases end.Sources told Reuters after the ECB’s Feb. 3 meeting some council members already wanted policy changes this month.”The debate among ECB members over inflation has already started, it is a good debate,” Visco said.Following the meeting, ECB President Christine Lagarde refused to rule out a rate increase in 2022, walking back on a previous pledge and triggering a sell-off across bond markets of debt-laden southern European countries.Yields on Italian, Greek, Spanish and Portuguese bonds rose sharply versus safer German paper due to concerns the ECB’s bond-buying scheme – a lifeline for southern Europe – could be unwound sooner and faster than expected.Visco said it was important for the ECB to move gradually and carefully in unwinding its policy stimulus. “Flexibility will remain a further important element of monetary policy,” he said.”In addition to the constant attention to inflation, the council stands ready to fight risks stemming from an unwarranted fragmentation of financial conditions across the bloc’s economies,” he added.With euro zone inflation running at 5.1%, the ECB will have a harder time keeping in check financing costs across the area if bond yields start diverging, with weaker countries hit by risk aversion, economists say.Calling on governments to take action in the face of the energy price shock, Visco said the main answer should not come from the central bank, given expectations remain anchored to its inflation goal and wages are not rising. More
The award-winning rapper recently shared that he placed BTC bets worth a total of $1.26 million on the upcoming Superbowl match between the Cincinnati Bengals and the Los Angeles Rams. Continue Reading on Coin Telegraph More
The Netflix documentary will be centered around a New York-based couple and their link to laundering nearly 120,000 BTC tied to the crime. According to Netflix, the documentary will be directed by American filmmaker Chris Smith with Nick Bilton as the co-executive producer. The announcement read:Continue Reading on Coin Telegraph More
These IDO launchpads serve as an investment accumulator for projects, especially for DeFi, GameFi and Metaverse projects, by attracting investors in similar niches. The community, investors and project developers can come together to build up the project from scratch.Capitrade IDO Launchpad?Capitrade platform enable investors to participate in the listed project on the launchpad at a discounted price before the projects go live.Capitrade launchpad is a decentralized platform that offer a variety of customizable features that help businesses attract investors while creating a mutually beneficial situation.investors can change the liquidity locks, financing type, selling price and token vesting in a systematic manner.Capitrade IDO Launchpad BenefitsThere are several advantages such as:* Predict new launches and help investors participate in the project using pre-sale prices.* Capitrade Launchpad is fitted with a multi-tiered staking module that helps investors to participate in the project flexibly.* Capitrade Launchpad is integrated with authentication procedures such as KYC/AML to verify users’ identities.* Capitrade platform has a high-end security protocols such as two-factor authentication, DDOS protection, HTTP authentication, etc.Capitrade – The Launchpad for blockchain Defi Projects.Capitrade is a launchpad that focuses on Blockchain DeFi projects. The platform was conceptualized in late 2021 and offered unparalleled utility and services for new projects to launch their tokens and conduct IDOs. Apart from the launchpad, Capitrade offers a multitude of services, such as:* Investor Network* Campaign Management* Loyalty and RewardsCDE Token Seed SaleCDE Token is available for purchase on Capitrade Seed Sale portal https://capitrade.cc/sale/Terra Network and Fantom Network users can participate in Capitrade on going Seed sale event using Luna coin for Terra Network and FTM coin for Fantom NetworkFurther Info:Twitter (NYSE:TWTR): https://twitter.com/capitrade_ccTelegram: https://t.me/capitradeventureFacebook: https://www.facebook.com/people/Capitrade-Ventures/100076714055836/Medium: https://capitrade.medium.com/Crunchbase: www.crunchbase.com/organization/3f82b77d-9fc8-4015-8dde-cad4c2b58820Founder: Eric James https://www.crunchbase.com/person/eric-james-c776Media DetailsCompany Name: CapiTrade VenturesContact Name: Eric JamesLocation: UK/LondonEmail: [email protected]: https://capitrade.cc/Continue reading on CoinQuora More
The first is a chat feature integrated into the multiplayer waiting room. This feature will help players connect, plan their strategies, and amplify the gaming experience!The second is $NAKA staking that has launched on the testnet. Staking will go live on mainnet next week and provides $NAKA holders the opportunity to earn tokens by staking their $NAKA holdings.The third development is the launch of a referral system that will help drive grassroots growth of the $NAKA ecosystem. By providing players with connectivity tools, as well as referral rewards, the platform is sure to grow as on-network gamers onboard their social circles to the $NAKA platform.The fourth development is the NAKAVERSE marketplace which will be viewable in map format sometime during the next two weeks. This will make it easier for players to find items and purchase in-game skins, weapons, and more.Finally, the Nakamoto Games team has started the development of a new, inspiring first-player shooter game. NAKA Strike game will be launched on the $NAKA platform in due course, alongside recently launched titles such as NAKA Galactic – a space-based action thriller – and NAKA Blaster – Nakamoto Games’ first interactive shooting-based multiplayer game.In addition to these titles is Escape, the first 3D multiplayer AAA game from the Nakamoto Games team, which is expected to be released sometime in Q1, 2022, rounding off a flurry of 5+ games that have been recently released or are soon to be released over the coming weeks.All of these new titles are part of the drive to democratize earnings and distributions for online games. Nakamoto Games is helping independent game developers generate earnings and reach new audiences by providing them with the tools and resources needed to compete with larger, established development studios.As per Tor, the CEO of Nakamoto Games:The $NAKA token powers the NAKAVERSE, the Nakamoto Games ecosystem. These tokens can be used to purchase on-platform and in-game items such as digital land, skins, weapons, and powerups, thereby creating custom ecosystems for players. Furthermore, using the Polygon network, the NAKAVERSE guarantees security, fast processing times, and low-cost processing of game-related transactions. Thanks to plug-and-play building tools, all of these benefits can be easily used by independent developers to create decentralized play-to-earn games of their own.About Nakamoto GamesNakamoto Games is building the premier play-to-earn ecosystem that gives anyone with an internet connection the opportunity to earn cryptocurrency and generate a sustainable source of income by playing fun, interactive, and highly engaging blockchain-based games. Players benefit by earning for playing games they enjoy, and developers can use platform services and resources to launch, market, grow, and monetize their play-to-earn games to new and existing audiences..Continue reading on CoinQuora More
The BattleVerse project began with a desire to create a collectible NFT game that was open, transparent, and community-governed. The BattleVerse Council is the method via which the community of $BVC holders will regulate and maintain the protocol, as well as the types of improvements that can be suggested. Holders of $BVC have the opportunity to nominate a candidate for a council seat as well as delegate their vote to a nominee in order to elect council members. Candidates for council members must be proposed before the event’s deadline, and a formal voting period must follow. After that, the mvDAO will compile all of the suggested members from the BattleVerse Voting Channel and determine the resultsThis technique will be used to combat plutocracy by limiting the voting power of large holders of $BVC. This mechanism has been effectively implemented by a number of other protocols, including Grants, and we believe it is the most equitable way to weigh votes. The new governance structure is divided into two primary components: The BattleVerse Council will be made up of nominees who will be voted in by $BVC token holders, allowing community representatives to discuss and distill technical improvements while also ensuring that major $BVC holders do not have disproportionate voting power in the result of proposals. Changes to the $BVC council will be necessary for some circumstances.How does the Economy of Batteverse play out?The game’s economy is determined by the players. All game market products are available for collecting, trading, and swapping. The main purpose is to provide you with the opportunity to earn money while having fun, especially if you are new to the world of Play-to-Earn (P2E) games. Every action taken by players in missions and quests will earn them money. In-game $QZQ tokens are awarded to players for their achievements in BattleVerse. These tokens can be used to upgrade characters, stake, and produce more money in various in-game structures, or exchanged on the in-game market and exchanges.The game token $QZQ is required for players to raise their characters’ level, as only the most experienced and worthy fighters will be able to compete in the mysterious Intergalactic tournament, organised by the ancient Quzers race, for the chance to breed different characters and create new unique individuals. Only this race of all known races has the knowledge required to produce offspring from representatives of various races.All game assets are initially created using the basic blockchain protocol BEP20 and stored in the system wallet, after which the service (gateway) scans, updates transactions and places (creates) entire copies of what was made using the basic protocol in system wallets on other platforms. When a player receives a gaming asset, it is placed in his wallet according to the protocol. If a player wishes to change platforms, he must first initiate the transfer process by selecting the “switch to another protocol” function and transferring his assets to the new platform. The system’s transition process is similar to transferring an asset to a system address. After assessing the transactions, the gateway transfers the same pool of assets to the player’s address in a different protocol that arrives at the system address within the protocol from which the user wishes to switch.BattleVerse Metaverse: A Gaming Ecosystem of Web 3,0The BattleVerse universe is divided into isolated regions-planets based on conditional race type, where six different sorts of animals with identifiable features from mythological and actual worlds live, evolve, and compete.The fundamental goal of these six races is to fight in battles, develop, and win the Intergalactic Tournament so that they can breed characters of various types and create new unique heroes who are best suited to living in the most challenging and terrible circumstances.There is an ancient race of the Great Elders – Quzers – who appear as non-player characters (NPCs) throughout the game. Quzers race representatives host frequent Intergalactic competitions in their arenas and offer a variety of amenities on their lands for the development and amusement of participants.There are a number of different inner worlds to explore. They are designed to undertake monarchical game activities in PvP and PvE through local intraracial combat, missions, and earnings based on guessing the outcome of clashes between well-known characters. Using diverse racial structures and regions, civilians on the planets can obtain game assets.You’ll be able to grow in the game and participate actively in BattleVerse’s economic model thanks to numerous options to develop and realise your characters’ potential.To know more about BattleVerse visit Battleverse.io Website| Twitter| Medium| Telegram| Discord| LinkedIn.Disclaimer: Any information written in this press release does not constitute investment advice. CoinQuora does not, and will not endorse any information on any company or individual on this page. Readers are encouraged to make their own research and make any actions based on their own findings and not from any content written in this press release. CoinQuora is and will not be responsible for any damage or loss caused directly or indirectly by the use of any content, product, or service mentioned in this press release.Continue reading on CoinQuora More
