Author: Asif Raza

Basic principles of Web5 Block’s crypto asset (virtual currency) division “TBD” led by former Twitter CEO Jack Dorsey announced on the 30th the basic policy of “Web5” advocated this summer. When TBD put forward Web5, which combines the benefits of web2 and web3, in June, the response was “amazing.” However, in order to protect the original vision of an Internet that emphasizes decentralization and individual privacy, we have set out the following basic guidelines. i have been instructed to make an announcement. it's long. so i did the screenshot thing. pic.twitter.com/Bp67ehWMZi— TBD (@TBD54566975) November 29, 2022 He took the stance…

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Macroeconomics and financial markets In the US NY stock market on the 25th, the Dow continued to rise by $152 (0.4%) higher than the previous day. On the other hand, the Nasdaq, which has a high proportion of high-tech stocks, fell 0.52% due to the effects of short-time trading after the US holiday “Thanksgiving Day” and the fall in Apple stock. On the 24th, when the minutes of the Federal Open Market Committee (FOMC) were released, it was revealed that many participants had agreed to slow down rate hikes. Important indicators from this week onwards, such as the US Personal…

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MicroStrategy’s BTC Investment Rating Overseas media Blockworks research released an analysis report on the 25th regarding the financial situation of Micro Strategy, which holds the crypto asset (virtual currency) Bitcoin (BTC) the most as a US listed company . During the “winter era” of cryptocurrencies, the bankruptcies of investment company Three Arrows Capital , lending platform Celsius, and cryptocurrency exchange FTX caused debt problems to spread throughout the industry. Lending giant Genesis Capital is also facing liquidity problems, raising a sense of caution against industry players. As such, the report focuses on financial strength to meet liquidation lines and margin…

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Establish a virtual currency exchange It turns out that the Russian parliament is preparing for the establishment of a national cryptocurrency exchange. Local media “Vedomosti” reported on the 23rd. With the participation of market players, the lower house of parliament is discussing a legal amendment to establish a virtual currency exchange, and once the content is finalized, the amendment will be circulated to the central bank and the Russian government. A member of Russia’s economic policy committee told Vedomosti about cryptocurrencies: Denying the existence of cryptocurrencies is futile. The problem is that many cryptocurrencies are in circulation outside of national…

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ApeCoin DAO’s own NFT marketplace ApeCoin DAO today launched a new dedicated marketplace to sell Bored Ape Yacht Club (BAYC) related NFTs (Non-Fungible Tokens). The new marketplace, built specifically for the BAYC series, also offers features such as ApeCoin staking and NFT metadata integration. You been waiting for this!!Today @snag_solutions is launching the official @ApeCoin DAO marketplace 👇 pic.twitter.com/AFFignsokA— Zach | Zheerwagen.eth (@ZHeerwagen) November 23, 2022 In addition, we respect the royalties (remuneration) that creators receive, and for NFTs listed from other marketplaces that do not collect royalties, the royalties paid to creators are added. Half of the sales commission…

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Foundry USA, a major cryptocurrency mining company, is getting a bigger piece of the market. Foundry USA is getting bigger. Foundry Digital, a division of the US cryptocurrency conglomerate DCG, said today that it will buy the facilities of the US mining company Compute North, which is filing for bankruptcy. The new purchase also shows that the DCG Group has a lot of money. This comes at a time when worries are growing about another DCG subsidiary, Genesis Capital, which runs a lending business and is having trouble getting money. Foundry Digital, a division of DCG, runs Foundry USA, the…

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Ripple Partners with MFS Africa U.S. fintech company Ripple announced a partnership with leading digital payment gateway MFS Africa on November 15. MFS Africa is a leading payment fintech company that provides a payment network covering over 400 million mobile wallets in 35 countries in the African region. Promotes interoperability and seamless cross-border payments in regional payments. The partnership will allow African consumers and businesses to use Ripple’s On-Demand Liquidity (ODL) solution and RippleNet to make cross-border payments for crypto assets in real time. It ‘s about Ripple’s entry into Africa Ripple aims to take this opportunity to enter the…

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Head of cryptocurrency team to retire Tess Rinerson, who was head of the cryptocurrency team at Twitter, has left the company. It is reported that many Twitter employees may have decided to resign in response to Elon Musk’s management policy. The product roadmap is also being reviewed , including the virtual currency function . Rinnerson tweeted on the 19th announcing his retirement: so, real talk: I am very proud of everything the crypto team started at twitter, and I am sad I won’t see it all the way through. but there are still LOTS of brilliant, thoughtful people at the…

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Google Cloud to Aptos Node Verification Crypto asset (virtual currency) startup Aptos and Google Cloud announced a partnership on the 10th. Under the partnership, Google’s cloud computing arm, Google Cloud, will validate Aptos’ nodes and join its mainnet . In addition, it is expected that Aptos Blockchain data will be indexed and provided on Google Cloud’s virtual currency public data set “BigQuery”. The partnership also aims to nurture new talent. Aptos co-founder and CEO Mo Shaikh pointed out three things: Hackathon hosted by Google Cloud Community event for Aptos network developers Hundreds of millions of yen (millions of dollars) developer…

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To the metaverse such as LINE Rangers The Sandbox (SAND), which provides NFT (non-fungible token) games, announced on the 10th that it has partnered with LINE Studio, a LINE-affiliated game development company that provides messaging apps. Through this partnership, LINE Studio will set up a LINE Studio-themed area in K-content dedicated space “K-verse” in The Sandbox. We offer popular games on smartphone apps such as “LINE Ranger” and “LINE Chef”. LINE Studio also plans to develop related businesses such as NFT production related to these games, and will provide various experiences to users. Developed by Hong Kong-based Animoca Brands, The…

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