Crypto News
- Securitize, a US-based financial technology company and tokenisation firm, entered the Spanish General Secretariat of the Treasury and International Finance’s test environment, a platform for digital asset securities. With this move, the firm has ventured beyond the US market by introducing tokenised securities in other regions, as per Decrypt’s report. Tokenisation, converting traditional financial assets like stocks and bonds into blockchain-based assets, is expected to lower costs and enhance efficiency. The trend has gained support from BlackRock CEO Larry Fink, who said, “The next generation for markets, the next generation for securities, will be tokenisation of securities.”
- Online discussion platform Reddit presents a new “Retro Reimagined” offering as part of its Collectible Avatars Gen 4 drop. The prominent player in NFT space is making a move after having minted over 18 million Polygon-based Collectible Avatars in the past year, says a Decrypt report. In addition, the drop includes NFTs based on the Cool Cats profile picture (PFP) project and artist Micah Johnson’s Aku NFT character.
- Coin Desk reported that the focus on the metaverse hasn’t been profitable while Mark Zuckerberg reaffirmed their ongoing investments in AI and their unwavering commitment to the metaverse vision in an earnings call. However, the social media giant continues to lose billions of dollars due to the initiative. In 2022, Meta’s Facebook Reality Labs (FRL) division, responsible for the metaverse, lost $13.7 billion on revenue of $2.2 billion, up from a loss of $10.2 billion on revenue of $2.3 billion in 2021.
Events Happenings in Coinstore
- Cryptalk
The coming Cryptalk will be on 10th August, Thursday in Manilla, Philippines.
11th August at Kuala Lumpur
19th August at New Delhi
24th August at Bali
2. CS Connect
Here are some upcoming CS Connects set to take place around the world:
4th August at New Delhi
25th August at Singapore
28th August at Malta
30th August at Dubai
3. CS League: Continues to recruit
If you are a KOL or influencer and want to earn some pocket money, especially in Indonesia, Thailand, Vietnam and India, you can send us a message on Twitter — @coinstoreexc, we will add you into a group and there you will be able to fill up the form. In the group, our admin will guide you through the steps and share with you more information about the program.
We will also be hosting a Google meet call with all KOLs in the next few days to share some announcements and updates for CS League. Links will only be shared through the Telegram group, so don’t miss out on this opportunity to learn more and be our next KOL!
4. New Token Listing
a. BFT/USDT : BFT is an online investment platform created to facilitate investments in equity and cryptoassets. The BFT ERC-20 token functions as a membership and rewards mechanism to create an efficient and transparent marketplace on BnKToTheFuture.com.
Trade time: 28 July 2023, 19:00 (UTC+8)
Withdrawal time: 28 July 2023, 20:00 (UTC+8)
b. DMT/USDT: $DMT is a cryptocurrency and operates on the Arbitrum platform. Sanko GameCorp has a current supply of 1,000,000 with 0 in circulation. The last known price of Sanko GameCorp is 33.93969517 USD and is down -5.74 over the last 24 hours.
Trade time: 28 July 2023, 16:00 (UTC+8)
Withdrawal time: 28 July 2023, 17:00 (UTC+8)
c. CELO/USUDT : $CELO is a platform acting as a global payment infrastructure for cryptocurrencies that aims to target mobile users. To this end, Celo’s goal is for financial activity to be accessible to anyone globally thanks to its ability for payments to be sent to and from any phone number in the world.
Trade time: 28 July 2023, 15:30 (UTC+8)
Withdrawal time: 28 July 2023, 16:00 (UTC+8)
d. RLC/USDT : $RLC is an Ethereum token for the iExec cloud platform in which users can monetize and rent computing power and data. iExec enables developers to power applications on what is described as “a decentralized marketplace for cloud resources.
Trade time: 28 July 2023, 15:00 (UTC+8)
Withdrawal time: 28 July 2023, 16:00 (UTC+8)
