CAN Imperial G$O

CAN Imperial G$O It is better to have a permanent income than to be fascinating

Bitcoin (BTC) hovered around $44,000 on Feb. 9 as a modest uptick towards the Wall Street open provided relief for suppo...
02/10/2022

Bitcoin (BTC) hovered around $44,000 on Feb. 9 as a modest uptick towards the Wall Street open provided relief for support levels.

BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView
Data from Cointelegraph Markets Pro and TradingView showed BTC/USD acting in the range defined in recent days without significant downside pressure.

BTC/USD annotated chart with MACD. Source: Matthew Hyland/ Twitter

The U.S. Department of the Treasury released a study on the high-value art market, highlighting the potential in the non...
02/06/2022

The U.S. Department of the Treasury released a study on the high-value art market, highlighting the potential in the nonfungible tokens (NFT) space to conduct illicit money laundering or terror financing operations.

The treasury’s “Study of the facilitation of money laundering and terror finance through the trade in works of art” suggested that the increasing use of art as an investment or financial asset could make the high-value art trades vulnerable to money laundering:

The internet has become a vital part of daily life, similar to utilities such as water, gas and electricity. Reliance on...
02/04/2022

The internet has become a vital part of daily life, similar to utilities such as water, gas and electricity. Reliance on internet connectivity has transformed the ways in which people communicate with one another, as well as how businesses and economies interact worldwide. As of the year end 2021, nearly 2/3rds of the world’s population is connected to the internet, totalling 4.9 billion people. However, despite the increasing need for bandwidth, many internet customers do not use 100% of their bandwidth 24/7. Meanwhile, internet service providers (ISPs) steadily increased the cost of internet access by ~4% year over year. A new technology software called PKT introduces a way for global internet customers to turn their unused bandwidth into cash.

How Does PKT Work?
Launched in 2019, PKT is a free to use software that monetizes unused bandwidth. Anyone with internet connectivity can easily install PKT’s PacketCrypt software on nearly any computer or compatible mobile device. The PacketCrypt software performs a mining function called announcement mining, which requires hardware processing power and upload bandwidth. Each announcement miner continuously transmits small packets of data called announcements into the PKT Network. The announcements are then received and used by PKT mining pools to win PKT Cash ($PKT) mining rewards. PKT Cash is paid to miners in the PKT Network every 60 seconds. When a PKT pool wins a reward, the pool pays each miner a share of the reward based on the contributed bandwidth and processing power. The more compute power and bandwidth allocated, the higher the rewards. While the announcements do not contain any sensitive data, this proof of work (PoW) builds a robust, high speed data network called the PKT Network.

Gal Yosef has announced his Meta Eagle Club NFT collection, backed by a renowned gallery.The NFT collection will include...
01/28/2022

Gal Yosef has announced his Meta Eagle Club NFT collection, backed by a renowned gallery.
The NFT collection will include 12,000 unique eagle avatars from Galyverse.
Collectors can expect more support through physical art, VIP flights, etc.
Israeli 3D artist Gal Yosef has announced the launch of his Meta Eagle Club NFT collection backed by an internationally renowned gallery known for its high-end curation of artwork.

The Meta Eagle Club NFT Collection will include 12,000 unique eagle avatars and is the first installment of Gal Yosef’s series of original collections. Moreover, this original series introduces us to the digital art world of Galyverse. The 3D NFT artist explained that he used eagles for their charismatic, warm, and inspiring aura.

I was searching for a character that could help portray a charismatic avatar, but also one that’s warm and inspiring to others. Depicted as a symbol of freedom in so many different cultures, Eagles, out of the entire animal kingdom, also represent the strong and brave-hearted. Working on the wings and feathers allowed me to soar and explore new heights in 3D art.
The Meta Eagle Club will provide physical artwork to Eagle avatar owners with the help of RNSNC. The NFT studio, which is under the internationally renowned gallery, aims to support NFT collectors in this process with their cutting-edge technology.

Additionally, collectors can look forward to VIP flights around the world and similar soon-to-be-announced experiences. This collaboration between Gal Yosef and the gallery is a pivotal moment for the NFT industry. A project gaining recognition from such an internationally renowned gallery speaks volumes.

Gal Yosef, through the Meta Eagle Club, aims to merge upscale art with exclusive physical gallery events, community building, and an evolving artistic vision. Meta Eagle Club’s sale event will begin soon. Anyone who is interested can find more information on the Galyverse official links.

Cardano network has maintained two weeks record capacity due to SundaeSwap launch.The network TVL has reached $80 millio...
01/28/2022

Cardano network has maintained two weeks record capacity due to SundaeSwap launch.
The network TVL has reached $80 million.
Users report a series of transactions failures after SundaeSwap launched.
Cardano (ADA) Blockchain Insight and pool.pm reports that the Cardano network has steadily maintained a minimum of two weeks record capacity due to the SundaeSwap launch.

At the same time, total value locked (TVL) for the ADA blockchain has amassed $80 million at the time of writing. The SundaeSwap launch is one of the unified developments that has gone live on the Cardano network.

SundaeSwap will push Cardano’s marketing effort to document humanity’s journey of embracing innovative strategies to expand its network. Additionally, the ADA network has accumulated a profound figure of 93.19% as an average load on the blockchain.

Meanwhile, the number of ADA wallets is on the verge of smashing the 3 million mark in the market. Many ADA users reacted to the most recent Cardano network development with various levels of emotions.

Furthermore, the Cardano network is nearing full capacity due to the addition of only one DEX which has raised a series of questions on its utility. However, the ADA team stated that the Cardano network’s new wave is bringing scaling solutions to the network soon.

Reddit user Additional_Till_838 said,

I dislike this because it paints a picture of Cardano’s blockchain being overloaded and struggling to handle the load. This could scare investors away from Cardano and make them think that it is not a reliable blockchain network.
In another area of the SundaeSwap launch, users claim to have experienced transaction failure after its release to the public. In addition, many also claim that their DEX orders still remain unprocessed.

SundaeSwap team addressed the issue;

Monoverse announces its first Frutti Dino NFT sale on Binance.A total of 3000 NFTs will be available for the sale.Frutti...
01/28/2022

Monoverse announces its first Frutti Dino NFT sale on Binance.
A total of 3000 NFTs will be available for the sale.
Frutti Dino expands its utility through the Binance sale.
Blockchain gaming company Monoverse officially announced the first Frutti Dino NFT sale on Binance. The event is expected to boost the value of the NFT and help users gain more profit while playing the game.

The Frutti Dino is an NFT play-to-earn that utilizes blockchain technology to fuel its network. In detail, the game expands its utility through the Binance sale, enabling players to use Frutti Dino NFTs outside the game. There will be a total of 3000 NFTs on sale — 2207 normal and 791 rare.

Jaden Lee, CEO of Monoverse, explained,

The NFT sale is a huge milestone for Monoverse. By selling Frutti Dino on Binance, we usher in a new era for Monoverse, where our NFTs are sold and traded by not only lovers of our game, but crypto enthusiasts as well.”
In terms of gameplay, users must purchase an Amber and hatch it on the Frutti Dino website prior to buying a Dino. To provide more excitement, the game will provide a rare Dino with an exceptional tag — Genesis. This type of Dino NFT can randomly increase its stats and value later in the gameplay. The Genesis tag will only be available to rare and legendary grades NFTs.

The Republic of the Philippines is one of the countries in the world that mass adopted the NFT game and made it one of their steady sources of income.

On the other hand, the NFT space continues to rock the crypto world with its never-ending technology development. At the time of writing, the NFT space amounts to over $31 billion, a huge amount that could impact the space.

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