Banking giant Goldman Sachs has become the first major financial institution in the United States to trade crypto assets over the counter (OTC). First reported by CNBC, Goldman traded a Bitcoin-backed non-deliverable option issued by crypto merchant bank Galaxy Digital. The two firms told CNBC that Goldman will essentially be taking on more risk with […]

The post Goldman Sachs Becomes First Major Bank to Execute OTC Crypto Trade appeared first on Coin Bureau.

WOO Network, a crypto exchange liquidity ecosystem, announced today that its exchange WOO X has rolled out the initial launch of WOO futures, including 20 popular crypto-assets, with more being added. The futures are in the form of perpetual swaps (perps) which are contracts that never expire, making them ideal for the 24/7 world of […]

The post WOO X crypto exchange launches 20 perpetual swaps with zero-fees appeared first on CryptoNinjas.

Choosing the right crypto wallet can get overwhelming at times. And while most are free-to-use, they often charge different transaction fees. As a result,...

Expand your virtual horizon with these incredible unofficial VR mods. I think it’s safe to safe there’s no shortage of fantastic games to play on current VR headsets. This is especially true when you consider the many player-created VR mods currently in circulation. The following are just five of our absolute favorite VR mods you […]

The post The Top 5 VR Mods To Download Right Now appeared first on VRScout.

The current DeFi market is bearish as most of the tokens are priced low compared to previous months. A bear market can be caused by a variety of events, including bursting market bubbles, a poor or lagging or sluggish economy, wars, geopolitical crises, pandemics, and significant paradigm shifts in the economy, such as changing to an internet economy. Another reason can be the isolation between NFTs and DeFi space. Let’s see how NFTs can help revitalize the bearish DeFi cycle. Isolation between NFTs and the DeFi space Looking back, we can see that NFTs and DeFi protocols have worked separately in the past. However, the current bearish moves in the Defi market may be corrected by the widespread adoption of NFTs.  This is because NFTs have the capacity to assign value to nearly any object. DeFi, on the other hand, aids in the unlocking of a certain asset’s worth. When combined together, they can balance each others’ strengths and weaknesses and enhance their capabilities. Application of NFTs to the DeFi world NFTs help revolutionize the DeFi world because of the following reasons Allow for customizable and exact roles for the community members involved such as ‘avatars’ in the Metaverse games and ‘validators’ for any DeFi protocol/blockchain like Cardano. Make a distinction between the cost of government authority and the cost of native tokens. It’s possible to make DeFi a gamification land. Protocols that can fine-tune scarcity and utility-based value. Solves the illiquidity issue with veTokens The intersection of NFTs and DeFi This section will cover a few cases where the intersection of NFTs and DeFi looks promising- Uniswap v3: The only way to introduce concentrated liquidity into Uniswap v3 was to tokenize distinct LP positions. This innovative adjustment resulted in more use, resulting in higher revenues for LPs. Curve Finance- Solidly Exchange: veCRV’s Curve Finance problem was solved by Solidly exchange. Solidly enabled the lock of tokens for ve governance tokens to be tokenized, allowing for a single lock position and several lock positions with different time durations. BinaryDAO.finance: BinaryDAO.finance, a yield DAO, reinvented APR boosting by releasing a collection of 2,500 NFTs with a 25% APR for stakers. In comparison to the status quo of depending on physical locks, the release earned revenue for bootstrapping liquidity and making APR increases liquid. Nacho Finance: Nacho Finance, an algorithmic stable coin technology, is expanding its ecosystem to include a fun and engaging game. Their Luchador NFTs will allow gambling on NFT bouts and reinforce the peg by acting as a black hole for their token’s upgrades. $NACHO Final thoughts UniSwap v3 and Solidly, for example, are very different from NFT assets with defined amounts that are distributed, such as BinaryDAO and Nacho Finance. Both protocols, however, have one thing in common: they both aim to improve the protocol user’s experience. The construction of Defi protocols is significantly influenced by the techniques employed by UniSwap v3 and Solidly. However, the innovation fostered by NFT assets and the related value addition should not be underestimated. Whether you like it or not, widespread integration between DeFi-NFTs is coming.

The post Is it possible for NFTs to revive the present bearish DeFi cycle? appeared first on Cryptoknowmics-Crypto News and Media Platform.

The cryptocurrency space has grown immensely throughout 2021. At the beginning of the year, NFTs were just a mere notion. However, as the year progressed, they picked up the pace. The OpenSea marketplace for NFTs saw vast volumes of over $3 billion as NFTs such as CryptoPunks and the Bored Ape Yacht Club sold for millions of dollars apiece. The Metaverse has also taken shape recently, as many giant corporations begin to be interested in this virtual world. There is a need for open-source NFTs that can be used in any Metaverse regardless of the chain. Guzzler is a project that has identified this niche and has rushed to fill this gap. This article will discuss the solutions that Guzzler is bringing to the metaverse and NFT spaces. What Is Guzzler.IO? Guzzler is a project that aims to build operable and customizable non-fungible tokens that will be able to operate across different open worlds or metaverses. This will save time, and it will save energy for these rapidly growing worlds. For instance, if you are an explorer of the metaverses and in need of transportation to tour the metaverses, Guzzler can help you have a custom NFT car to take you through the metaverses without needing to exchange or to buy new cars for every metaverse you join. Guzzler.IO Roadmap Guzzler project began in November of 2021 with a presale and a launch. The project has been listed on Coinmarketcap and CoinGecko. The project made a huge marketing push on the Twitch platform, which is mainly used by gamers. Phase one and phase two of the Guzzler project have been completed. By December 2021, the project had over 2000 token holders, and they introduced new racecourses and updates into the game. As of December 2021, Guzzler had over 50,000 players. Currently, the project is in phase three, where the developers aim to create an open world or a metaverse, a race track, and delve into Metaverse real estate. The development team also aims to create an in-game NFT marketplace for their cars and auto upgrades. One of the significant sell points of the Guzzler project is the cross-world integration where gamers and owners of car NFTs can use them in more than one metaverse. This will be a game-changer in the metaverse since Guzzler will be the engine for the car that the user will use across all the supported metaverses. Guzzler.IO Tokenomics The Guzzler project has a native token- the GZLR token. These tokens can be staked and allow users or holders to gain access to some of the performance auto parts. The native token of the Guzzler ecosystem is an ERC-20 token. The tokenomics of the GZLR token are simple yet effective. Every transaction involving the GZLR token will be charged a 7% tax. 3% will go to marketing while 3% will go to liquidity pools. The other 1% will be added to reflections for the holders and hence with the GZLR token, holding is benefiting. Users will be able to stake GZLR tokens and earn rewards. These rewards will provide the holders with access to premium NFTs that the general public will not be able to access. These exclusive NFTs will be available to users who compete in the Guzzler games in single-player mode. Alternatively, users who have completed all levels while in single-player mode can sell their NFT car parts and upgrades on the Guzzler NFT marketplace to other players. Team Behind Guzzler.IO The team behind Guzzler is more than qualified for the job. Joey Poareo is the founder and the CEO of the project, and he has been working overtime on his philanthropic efforts to help orphans in homeless children. Fury, who is the chief development officer, is a genius game developer and has extensive expertise in mobile game development and multi-player implementation. He also has experience with smart contracts and blockchain technology and will be a great help to the project. GZLR Token has a maximum supply of 100 billion tokens. The liquidity is locked, and there is a 7% tax. The Guzzler community can be found on most social media platforms on the internet, including Twitter, Instagram, Telegram, and even Medium. On November 17, 2021, the Guzzler platform was approved to use the KYC identity verification process. This means that your credentials and personal details are safe with the Guzzler team. If you would like to buy some tokens to participate in this exciting ecosystem, you can get the tokens on Uniswap and LBank. The bottom line of the Guzzler ecosystem is to play games, stake tokens, and earn profits. The more you stake, the more parts and upgrades you have. You can sell these performance packs for a lucrative profit on the Guzzler in-game NFT marketplace. Conclusion Guzzler is a one-in-a-lifetime opportunity to make handsome profits and to enjoy yourself while in the process. Apart from this, the prospect of using one of NFT across multiple metaverses is exciting. As web 3.0 is developing, projects such as Guzzler need to begin making progress as we prepare for the new generation of internet and immersive social interaction through the Metaverse.   Image: Pixabay

[PRESS RELEASE – Singapore, SG, 16th March 2022] The dWeb Foundation has partnered with Flare Network as the next step in their journey towards building a fully-decentralized, permissionless internet built on blockchain infrastructure. The internet has become an integral part of people’s lives, an extensive web of digital data connecting people and organizations across the […]

In December 2020, AWS announced the general availability of Amazon SageMaker JumpStart, a capability of Amazon SageMaker that helps you quickly and easily get started with machine learning (ML). JumpStart provides one-click fine-tuning and deployment of a wide variety of pre-trained models across popular ML tasks, as well as a selection of end-to-end solutions that […]

Collaborate with your teammates beachside in two new sunny environments. This past August, Meta (formerly Facebook) introduced Horizon Workrooms, a VR coworking platform designed specifically for the Meta Quest and Meta Quest 2. The mixed reality office space features a variety of useful tools perfect for professionals looking to brainstorm and collaborate in VR. As […]

The post VR Coworking App Horizon Workrooms Lets You Work On The Beach appeared first on VRScout.

CEX.IO was launched in 2013 in London and initially operated both as a Bitcoin exchange and cloud mining service. At one stage its mining pool, known as Ghash.io, was one of the largest on the Bitcoin network, holding 42% of total mining power of the Bitcoin network. However, in January 2015 the website closed its [...]

The post Beginner’s Guide to CEX.IO: Complete Review appeared first on Blockonomi.

PrimeXBT is a rapidly growing margin trading platform offering cryptocurrencies, commodities, forex, and stock indices under one roof. With the platform recently increasing the list of trading instruments to more than 100, it was high time for an in-depth review to examine more deeply what the award-winning venue has to offer. Within the review below, […]

London, UK, 11th March, 2022,   London, UK, March 11, 2022 — Opdex, a new decentralized exchange based on automated market makers, is launching on the Stratis blockchain to provide DeFi support for its fledgling GameFi ecosystem.