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Matthew Ball, Metaverse ETF founder, joins 'TechCheck' to discuss his take on Mark Zuckerberg's plan with the Facebook name change to Meta. Ball explores who he believes the eventual winner of a 'metaverse' will be. For access to live and exclusive video from CNBC subscribe to CNBC PRO: https://cnb.cx/2NGeIvi
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Francisco Gimeno - BC Analyst Everybody is talking about Metaverse, forgetting is Metaverse's platforms, in which FB has launched a strong PR campaign, but other big companies have been also working for a time on it. Apple being one, but also other big names, and surely from now to 2030 new companies will appear too. Who is going to win the race? Probably there will be space for everyone, as now there is space for Apple and Microsoft, and Alphabet an Facebook etc. But it will be interesting how Apple will deal with it. Will they continue selling their brand as special and only for those interested or will they open more to a collaboration with other platforms?- 10 1 vote
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Could Facebook's Metaverse be the future? What exactly is the Metaverse and how can you participate? We explain everything you need to know about the Metaverse in this video. What do you think about the Metaverse? Tell us in the comments....
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#Metaverse #Meta #Facebook-
Francisco Gimeno - BC Analyst How can we be part of FB's Metaverse? Well, anyone born in the digital era will find it easy. Thos born before will take it more slowly. But overall, most people will be some time in a metaverse platform (not necessarily FB's), doing whatever they like or working. Using VR or AR, expanding the time of our lives not living more years but living in different realities. The future seems complicated but, being optimistic, it also seems to be a lot of fun.
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Welcome to The Daily Forkast, November 3rd, 2021, presented by Angie Lau. For the latest in blockchain & crypto news. On today's show:
00:00 Coming Up
00:36 Australia’s CBA to offer crypto services
01:38 Ethereum and Solana hit all-time highs
03:15 Hong Kong Fintech week underway
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Australia's largest in one of its oldest banks, the Commonwealth Bank of Australia, is going crypto. CBA is partnering with Gemini and Chainalysis to become the first bank in the country that allows its customers to buy, sell and hold crypto assets directly through its app, including Bitcoin, Ether, Bitcoin Cash and Litecoin. And over in Thailand, Siam Commercial Bank Securities, a subsidiary of Thailand's oldest bank, has acquired a 51% stake in the country's leading crypto exchange Bitkub for a little over US$500 million. Bitkub, which is licensed by the Thailand Securities and Exchange Commission, reported, get this, a trading volume of over US$30 billion in the last quarter. And that is a 92% share of the market in Thailand.
Meanwhile, the all time highs seem to be coming all the time these days. Amid growing hype over the metaverse and NFTs, Ethereum crossed US$4,600 mark for the first time, hitting a new all-time-high Wednesday morning Asia time. And Solana also hit a new all-time-high of just a touch under US$230. According to data from CoinMarketCap, Ethereum's skyrocketed to a new all time high of US$4,638 Wednesday morning Asia time. While Solana's new peak saw it overtaking Cardano as the fifth largest cryptocurrency by market value. The global cryptocurrency market cap is now over US$2.7 trillion with altcoins clearly following Bitcoin's surge last month. But with altcoins rallying, Bitcoin's dominance is down to 51.5%. One expert took Forkast.News the fourth quarter is typically a period of good price appreciation for the crypto market. "We find ourselves in Q4, which provides a kind of, you know, a bullish, a bullish context. But specifically, I think that you know what we saw with Squid Game token, which was a classic rug pull, you know, it will drive people to focus more on quality and longevity, you know, projects they're going to make it and they're not going to scam you, basically." And Carney Mak from FXHB Asset Management said that with the rise of DeFi, GameFi, NFTs and institutions increasingly exploring blockchain, programable blockchains like Ethereum and Solana that can support such use cases are going to see continued traction.
Hong Kong Fintech Week officially kicked off on Wednesday. The annual event, which went virtual during the pandemic, has come back this year as a hybrid event and back in physical space with attendees and speakers in person, including our own Forkast team. Crypto and CBDC took center stage at day one of Hong Kong sixth Fintech Week. Hundreds gathered to check out what's what in fintech, with booths set up by crypto and DeFi names including AAX Exchange, Crypto.com and HashKey Group. Paul Chan, Hong Kong's financial secretary, raised the curtain with a short speech where he reiterated Hong Kong CBDC developments. "Equally significant is the continuing collaboration with between our Hong Kong MA and the People's Bank of China in the testing of the use of digital renminbi here in Hong Kong. The goal is creating a convenient means, of cross boundary payments for Hong Kong and Mainland residents." Chan also revealed that the HKMA is looking into issuing its own CBDC for retail use and Fintech Week dug deeper into crypto with insights from industry speakers. "Some things just triggered just in the last few months from sort of still being a bit old to I need to sort of figure out what Crypto is to actually there is a lot of activity from corporations, institutions, you know, there's a whole parallel financial markets infrastructure that's being built, but it's not just being built. It's actually being adopted, I would say we're at that hockey stick moment, really." The event continues through to Friday.
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#Crypto #Blockchain #BlockchainTechnology #DigitalAssets #Cryptocurrency #DeFi #Ethereum #Solana #Fintech #Altcoins #CommonwealthBankAustralia #Thailand #Bitkub #CryptoExchange #CBDC
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Francisco Gimeno - BC Analyst Banks are slowly going crypto. There were many like Santander, or in this case CBA, who were trying to do this before, but there were no proper regulations and laws which could allow it. This is changing. Meanwhile with the hot hype about Metaverse's platforms ethereum and the new kid Solana are going on high prices. As usual Forkast as it best.
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On this episode, we break down recent brands entering the metaverse FOMO after facebooks announcement. Here are some NFT projects to keep an eye on:
0:00 Metaverse
1:36 Nike Metaverse NFTs
3:55 Fashion & Fortnite
6:28 Clinique
7:10 Matrix Resurrections NFTs
8:00 Nifty's
8:19 Quentin Tarantino
9:06 Secret Network
10:35 Burger King NFTs
12:27 Physical NFT Keychain
14:55 Disney & Veve
16:40 Metaverse & NFTs
#NFT #NonFungibleTokens #Metaverse
~Top Brands Entering The NFT Metaverse~
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Francisco Gimeno - BC Analyst Those who are early adopters, taking a risk, get the best rewards with time. This happened to those who invested early in crypto and now with NFTs, entering into the Metaverse platforms' space, is going to be awesome for many. It's too early, we know, as technology has to develop more, and be massively used, but positioning looking at the long term scenery is the best thing many companies and institutions do now.
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Bitcoin’s price could add 60% of value in the next 30 days to close just shy of $100,000, predicted the analyst behind the popular stock-to-flow model, PlanB. He was spot on in regards to the September BTC close price and was agonizingly close in October. The stock-to-flow model sees the stock as the size of existing reserves (or stockpiles) and the flow as the annual supply of new bitcoins to the market. Consequently, PlanB’s model envisions BTC tapping into a six-digit price territory by the end of the year, with the most optimistic prediction being at $288,000 in the next 60 days.
Guest: Evan Aldo
Evan Aldo Youtube Channel ➜ https://bit.ly/EvanAldo
#Bitcoin #BTC #Crypto
~Bitcoin To $98k Prediction Analysis | Stock-To-Flow Model Possible?~
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Berggruen Institute Future of Democracy fellow and former Facebook head of election integrity Yael Eisenstat speaks with Emily Chang about the social media giant's decision to change its name to Meta and whether that will be enough to fix its past controversies.
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Francisco Gimeno - BC Analyst So many negative podcasts and comments over the Metaverse proposal of Facebook! Not without reason too. A company which has been criticised for data harvesting and its influence in society and politics may also try to do so in Web.3. That should be debated and properly regulated so the big GAFA don't have the enormous power they have now without proper checks and balances. This said, not everyone who criticises is a saint too or has his/her/their own social and political agenda. We are offered here all opinions. Watch this and make your own opinion.
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Shopify President Harley Finkelstein speaks with Emily Chang about post-pandemic trends in e-commerce, how the company can be a way for merchants to work around the supply chain crunch, and what the future of shopping online – and in the metaverse – might look like.
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Francisco Gimeno - BC Analyst Shopify, like conventional merchants and the new e-commerce ones have had to learn a lot resilience since 2020. Now that there is a (possible) post pandemic horizon with economic woes and global supply chain issues many e-commerce actors are trying to get on and continue delivering. They also have taken note about Metaverse, and although this is not happening right now, they will be ready when the moment comes.
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"All About Bitcoin's" Week in Review panel weighs in on the major crypto news of the week: bitcoin's price dip Thursday, the rise of Shiba Inu coin (SHIB), and the booming bitcoin ETF market after the SEC approved various U.S. bitcoin ETFs.
#cryptocurrency #digitalfinance #finance #bitcoin #crypto
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The recent debt ceiling standoff gave a glimpse into how catastrophic a federal default would be for the U.S. economy. While a bipartisan agreement is the easiest solution to the crisis, there are other possible solutions to breaking the standoff, including a $1 trillion coin that has gained traction in recent years. So what exactly would happen if the U.S. government fails to raise the debt ceiling, and can a $1 trillion coin really put a stop to the crisis?
Despite the short-term deal struck between the Republicans and the Democrats in early October, the debt ceiling crisis is far from over.
Congress needs to decide by Dec. 3 if the U.S. government will raise the debt ceiling or default on its loans. But there are other possible solutions besides bipartisan agreement.
The debt ceiling can also be raised by a process known as budget reconciliation. First introduced in 1974, this process can expedite the passage of certain tax, spending and debt-limit legislation. What would otherwise require a 60-vote majority in the Senate to pass would only require 51 votes or 50 votes plus the vice president as the tie-breaker.
“The reason they’re hesitant to do that is that it forces them to specify a dollar amount raised to the debt limit,” American Enterprise Institute senior fellow Phillip Wallach said. “If Democrats move through reconciliation, they’ll have to stick a number into that law and that number is likely to be over $30 trillion now. So they’re worried about the way that looks and the way voters will judge them for that.”
Other solutions are more radical. The president can raise the debt ceiling using the 14th Amendment, which states that “the validity of the public debt of the United States, authorized by law … shall not be questioned.”
But other experts warn that using the 14th Amendment could potentially lead to a constitutional crisis.
“Congress has made it really clear through their actions over the past years that they consider it in their purview to raise the debt ceiling,” Brookings Institute senior fellow in economic studies said. “If the president were to say ‘no, no, no, it’s under my purview to raise the debt ceiling’, you create a crisis about powers of the executive branch versus powers in Congress.”
Then there is the idea of minting a trillion-dollar coin which was first introduced during a similar crisis in 2011. The Federal Reserve generally determines when and how much money the Treasury Department can print. But some scholars have identified a law from 1997 that allows the Treasury secretary to mint and issue platinum coins in any denomination and quantity.
The effectiveness of implementing such a coin is up for debate.
“It’s not a way to assure the governments of the world and the world economy that. we are in fact as risk-free as we’re supposed to be,” Vanderbilt University law professor Yesha Yadav said. “But in the absence of other solutions, it’s certainly a plausible way forward.”
However, AEI’s Wallach warned that, “the fact that it strikes people as so outlandish is not just a small flaw. It’s a real problem because the Treasury Department depends on the confidence of global investors and of the American people. And if it seems to be playing strange games, it could seriously erode that confidence.”
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What Happens If The U.S. Can’t Pay Its Debt?-
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A CryptoPunk NFT was purchased for a staggering half-billion dollars, a figure that would have made the sale not only one of the largest ever in NFT-land but also in all of art history. Yet, on-chain analysts say this could have just been an elaborate publicity stunt. "The Hash" squad discusses the latest smart contract magic.
#cryptocurrency #digitalfinance #finance #bitcoin #crypto
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Former Google chairman and CEO Eric Schmidt joins 'Squawk Box' to discuss the future of artificial intelligence and Mark Zuckerberg's metaverse. For access to live and exclusive video from CNBC subscribe to CNBC PRO: https://cnb.cx/2NGeIvi
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Francisco Gimeno - BC Analyst What Eric Schmidt is just common sense given the forecasts on AI technology. In fact let's remember that a true Metaverse (made of different meta verses launched by companies and institutions) will need powerful AIs to really work. AI tech is growing exponentially and already impacting our society. And even those who fear the metaverse or feel bored by it now will surely find one where they can feel "at home". The future is not just doom, gloom and concerns. It's hope and optimism that our species will navigate all problems, finding solutions whenever is necessary.
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Former Google chairman and CEO Eric Schmidt joins 'Squawk Box' to discuss the future of artificial intelligence.
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📲 Insider Info in my Socials 👉 https://guy.coinbureau.com/socials/
🛒 Get On FTX: Get 1st $30 In Fees For FREE 👉 https://guy.coinbureau.com/ftx/
🛒 20% Fee Discount On Binance 👉 https://guy.coinbureau.com/binance
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- TIMESTAMPS -
0:00 Intro
1:38 Who is Binance & FTX?
6:45 Security
10:21 Country & Asset Support
13:15 Deposit & Withdrawal Methods
14:35 Trading Fees
17:37 Trading Platforms
18:46 Customer Support
19:50 Other Features
22:58 Final Thoughts
~~~~~
📺 Recommended Vids 📺
► My ultimate FTX US guide: https://www.youtube.com/watch?v=mFTZF...
► All you need to know about FTX: https://www.youtube.com/watch?v=ywJdQ...
► My complete beginners guide to Binance: https://www.youtube.com/watch?v=YzJ6x...
~~~~~
⛓️ 🔗 Useful Links 🔗 ⛓️
► Binance FCA warning: https://www.fca.org.uk/news/news-stor...
► KYC on Binance: https://cointelegraph.com/news/all-bi...
► FTX funding: https://www.ft.com/content/a3a90a4f-5...
► Binance security breach: https://www.binance.com/en/support/an...
► FTX security features: https://help.ftx.com/hc/en-us/article...
► Blocked FTX country list: https://help.ftx.com/hc/en-us/article...
► FTX deposits & withdrawals: https://help.ftx.com/hc/en-us/article...
► Binance fees: https://www.binance.com/en/fee/schedule
► FTX fees: https://help.ftx.com/hc/en-us/article...
~~~~~
❓ Who is Binance & FTX? ❓
Binance is the number one exchange for crypto spot trading. That’s down to the massive range of altcoins available, deep liquidity and extensive exchange features.
In spite of that, no one really knows where Binance is based. However, they do have staff based in 50 countries and offices all around the world and they are not exactly hiding.
All that being said, Binance has been in the regulatory crosshairs this year - more on that in my vid.
On the other hand, FTX is a global exchange founded in 2017 and headquartered in Hong Kong. These guys have raised a crazy amount of money, recently securing $900 million in funding at a staggering $18 billion valuation.
They put that money to work by completing a plethora of high-value sponsorship deals.
🔒 Security 🔒
Binance doesn’t have a spotless record and got hacked in 2019 and about 2% of all the BTC on the exchange got stolen. However, Binance did reimburse everyone impacted by tapping the legendary SAFU fund.
FTX has some of the best security measures I have ever seen. I go over all the ways you can secure your account in the video.
🌍 Country & Asset Support 🌍
Binance doesn’t have a definitive list of accepted countries. However, there have been pieces of news regarding regulatory clampdowns which reveal several countries that you shouldn’t use Binance from. All that in my vid.
FTX has a list of blocked countries. That essentially reads like an international naughty list.
In terms of coin support, Binance supports 400 and FTX around 250.
💳 Deposit & Withdrawal Methods 💳
Both Binance and FTX support a wide range of different fiat currencies. FTX just has old fashioned bank deposits and withdrawals, whereas Binance supports card payments and P2P trading.
💰 Trading Fees 💰
With Binance it is possible for most people to slash those taker fees to a mere .06%, whereas it is possible to get a slightly lower fee of 0.56% on FTX; both exchanges offer insanely competitive fee levels.
📈 Trading Platforms 📈
There is honestly not much to choose from these two trading platforms - they are both excellent.
🎧 Customer Support 🎧
Lets face it, exchange support typically isn’t very good. Binance, to their credit, does offer a form of live chat - if a support agent isn’t around, you’ll get an email notification when they do.
FTX offers email ticketed support but you can also reach out to them on a plethora of social media platforms too.
🤔 Other Features 🤔
Both these exchanges are packed full of different features. I highlight some of the most interesting ones in my video. So, be sure to watch that to get the low-down on these.
📜 Disclaimer 📜
The information contained herein is for informational purposes only. Nothing herein shall be construed to be financial, legal or tax advice. The content of this video is solely the opinions of the speaker who is not a licensed financial advisor or registered investment advisor. Trading cryptocurrencies poses considerable risk of loss. The speaker does not guarantee any particular outcome.
#Binance #FTX #crypto #exchange #Bitcoin #Trading-
Francisco Gimeno - BC Analyst A new guide from Coin Bureau on Binance and FTX. We enjoyed this tutorial. Let's remember majority of population practically don't know what to do when approach into crypto. Tutorials or guides like these help the newbies and also those who have started investing but look for more explanations and advice. After watching this, where would you work, on Binance or in FTX?
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#McRib #McRibsandwich #McDonalds
Yahoo Finance's Jennifer Shoenberger reports on Burger King giving away crypto, McDonalds NFT contest to commemorate the 40th anniversary of the McRib sandwich and Squid Game token crashing.
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#Crytpo #bitcoin #investingincrypto #YFAMS #YahooAMS
Yahoo Finance's Jennifer Schonberger hosts a wide-ranging discussion on cryptocurrency with three experts in the field including Amy Arnott Morningstar Research Services Portfolio Strategist & Isaiah Jackson 'Bitcoin & Black America' Author & Gavin Michael Bakkt CEO.
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Francisco Gimeno - BC Analyst Interesting 20 minutes comments on how crypto is moving now. We always defend that Crypto.2 in Web.3 will be much much better, but as it is now, there are not bad news too. The markets is evolving as we write this (forget pump and dumps or bullish and bearish) while many realise crypto is more than speculation but a core part of the digital economy as demand grows.
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China’s recent ban on cryptocurrencies was its most draconian to date. Yet it may not be crypto’s darkest hour, according to Angelina Kwan, a former market supervision director at Hong Kong’s securities regulator who now advises digital asset manager Hashkey Group.
From a ban on banks handling crypto-related transactions to a crackdown on crypto data centers that sent miners scrambling abroad, China has taken an uncompromising approach to controlling — some might say crushing — the cryptocurrency industry over the years. In September, Beijing outperformed even its own harsh standards as the central bank imposed a blanket ban on not only crypto transactions, but essentially all forms of activity in the sector.
Why has China taken such a tough stance on a potentially prosperity-generating emerging industry? Is the People’s Bank of China’s latest move really a radical departure from previous pronouncements on the sector? And how will it affect what remains of the crypto ecosystem in China and elsewhere? Forkast.News put these questions to regulatory veteran Angelina Kwan.
00:00 China crypto ban
01:34 PBOC's crypto concerns
03:29 How exchanges are reacting to the ban
04:50 China's social stability
05:50 How regulators may proceed
09:00 Impact on Hong Kong
14:04 China's CBDC ambitions
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#Crypto #Blockchain #BlockchainTechnology #DigitalAssets #Cryptocurrency #DeFi #China #CBDC #HongKong #DigitalYuan #eCNY #Regulation #Hashkey #DigitalCurrency #Technology
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ABOUT FORKAST.NEWS
Forkast.News covers blockchain, DLT, cryptocurrency and other emerging technologies in a way that anyone can understand. We help you bridge the gap between the blockchain industry and the mainstream.
From NFTs to enterprise blockchain platforms, smart contracts to altcoins, Bitcoin to DeFI and beyond; Forkast’s blend of insight, analysis & daily blockchain news keeps you on the cutting edge of the digital asset revolution and the wider digital economy it both supports and disrupts.
ABOUT ANGIE LAU
Angie Lau is editor-in-chief, CEO & founder of Forkast.News and host of ‘The Daily Forkast’. She is an award-winning veteran journalist, a respected thought leader in blockchain technology and a speaker at conferences around the world including the Forbes Summit, Binance Blockchain Week, Paris Blockchain Week Summit and the Asia Blockchain Summit.
Before founding Forkast in July 2018, Angie anchored Bloomberg TV’s flagship morning show “First Up with Angie Lau” broadcast globally into 350 million homes, offices and trading floors. Angie’s TED Talk “I Am Not Supposed to Be Here” is now a TED-Ed lesson for its global audience of 6.7 million followers.-
Francisco Gimeno - BC Analyst The China's crypto ban seems to be the definitive one for some time ahead. This time all signs are that the government is looking for economic and social stability and developing their own State blockchain platform and the e-Yuan to unify the digital control of their society, and even expand their CBDC to the rest of the world in the near future. If this is going to be the truth and if they are going to be successful, well, Chinese always work looking at the long term so we will have to wait and see.
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Welcome to The Daily Forkast, November 1st, 2021, presented by Angie Lau. For the latest in blockchain & crypto news. On today's show:
00:00 Intro
00:39CMCC seeks US$300 million for crypto fund
01:42 Chinese tech giants vow to resist NFT hype
03:13 Squid Game token under scrutiny
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First up, Hong Kong-based venture capital firm CMCC Global aims to gather US$300 million worth of investments in its latest crypto fund, with patronage from Hong Kong billionaire Richard Li and Gemini co-founders the Winklevoss twins, CMCC plans to allot its new fund into DeFi and NFTs.
Meanwhile, over in China, the September 24th ban on crypto mining and trading continues to bite, with another local government cracking down. Ganzhou, a prefecture-level city in the eastern province of Jiangxi, says its economic development zone is working with authorities on carrying out inspections at a local industrial park. The authorities say warning letters have been issued to companies in the area, with businesses and licenses being inspected.
Staying in China with growing criticism from state media over NFT hype. Three of China's best known tech giants have jointly issued what they are calling a self-disciplinary industry convention. Ant Group, JD Technology and Tencent Cloud all have pledged to resist the hype and are rebranding NFT projects as digital collectibles. According to a statement released by Ant Group's blockchain arm AntChain, the trio issued a convention relating to what they call digital, cultural and creative works, pledging not to get involved in cryptocurrency and saying they will work to prevent speculation and risks of money laundering. And Guofei Jiang, vice president of Ant Group, said in a statement that digital collectibles on AntChain are packed with the real value of quality, cultural, intellectual property and artworks, and that a company resists any form of malicious hype. AntChain confirmed the rebranding of NFTs as digital collectibles in a tweet last week, and Huanhe, an NFT app that Tencent, launched in August, has also removed references to NFTs from the app. While NFTs were not included in China's recent stepped-up ban on crypto-related activities, both the Securities Times, which is sister paper of the People's Daily and the Chinese government aligned Guangming Daily, have recently published opinion pieces criticizing hype over NFTs.
Meanwhile, last week we brought you the news of Squid Game cryptocurrency, a parody token based on the hit Netflix series from South Korea. Well, its price has continued to skyrocket, according to CoinMarketCap. It's soared more than 50,000% in just four days. Be that as it may, the token remains under scrutiny as users claim they cannot sell it, and there are a lot more questions over infringement of Netflix's intellectual property. It was trading at US$7 on Friday — now, it's at US$38. The power meme coin that sprung out of Netflix Squid Game is the talk of the global crypto space, but with growing suspicion. PancakeSwap, the tokens only market, has warned investors of multiple reports of users being unable to sell the Squid Coin. And one Twitter user called the project "100% rugpull", a term where the owner of a crypto project gathers investments, then abandons the project. Others take issue with the possible infringement of Netflix intellectual property, with no official license from Netflix to be found, nor can any affiliation with the drama's makers be identified.
Meanwhile, FWENCLUB, a platform for collectibles under Hong Kong-based creative studio AllRightsReserved, recently released a line of Squid Game toys, which are officially licensed from Netflix. Its creators acknowledge that the hit TV series resulted in many fake products both in and out of the crypto space. However, they have a plan to combat fakes using blockchain technology. FWENCLUB will soon launch an app where buyers can scan a physical NFT tag to verify authenticity of their purchases. Securing creative rights may be harder in this nascent world of crypto and NFTs. However, the key to ensuring authenticity may lie in that self same Blockchain technology.
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#Crypto #Blockchain #BlockchainTechnology #DigitalAssets #Cryptocurrency #DeFi #NFT #China #CryptoMining #SquidGame #Netflix #Tencent #AntGroup #JDTechnology #CMCC
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Welcome to The Daily Forkast, October 30th, 2021, presented by Angie Lau. For the latest in blockchain & crypto news. On today's show:
00:00 Coming Up
00:43 Korean pop culture crypto frenzy sees warnings issued.
02:32 Dog fight hits crypto market.
03:46 Halloween crypto horror stories.
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First up, tokens inspired by the Netflix series Squid Games and K-pop mega group BTS have both gone on sale, but neither may prove a wise investment, with warnings being issued over each of them. Now there's a Squid Game cryptocurrency whose white paper says it will be used to join a play-to-earn online game inspired by the tournament in the TV series. The token, which is not affiliated with Netflix, saw its price soar over 1000% in the 24 hours to early Friday Asia time. However, CoinMarketCap warns users to take caution in trading the Squid Game token as it has received multiple reports that users are not able to sell it in Pancakeswap, the tokens only market right now. Meanwhile, on Wednesday, Singapore's Bitget Exchange listed Army Coin named after the fandom of k-pop boyband BTS. According to the token's official website, the project is made out of dedication towards BTS as fans in that 50% of Army Coin will be donated to BTS wallet. Hybe, the k-pop group's music label responded by warning fans and investors to be cautious, saying the token has no affiliation with BTS or the company, and that the tokens aim to fund BTS with its profit is fake. It went on to say it will take legal action against any infringement of publicity, although the token's price surged from six cents to more than seven dollars at one point. Real BTS fans on Twitter seem dubious, with one exclaiming "they are using army for clout. Do not engage, this is a scam".
Meanwhile, the dogs are going to town on the crypto markets. Yep, that's right. A dogfight has been the name of the game over the past 24 hours, with Dogecoin and its pup Shiba Inu battling it out for a position as the top dog in the Crypto Top 10. The once derided Shiba Inu token has been on a price tear over the past week, gaining more than 200% to hit a new all-time high on Thursday.
That saw it leap over Doge to take seventh position in the leaderboard by market cap. However, then higher was quite brief and a price tumble saw it slide back to 10th position by Friday Morning Asia time. But as Shib ceded, DOGE responded by jumping 44% in 24 hours, hitting a two month high of almost US$0.34. And while it's also fallen since, it's now sitting just above Shib at 9th place in that top 10. All that excitement has trickled down to the huge litter of Shib and Doge imitators. Floki Inu, a coin named after Tesla CEO Elon Musk's own Shiba Inu, gained over 250% in 24 hours, they hit an all time high, though was prices since flattened out. According to both Etherscan and BSE scan, more than 190,000 wallets hold Floki Inu between them. And while it's one of the largest, CoinMarketCap currently lists dozens of tokens with Inu in the name.
Finally, Forkast.News Monika Ghosh has rounded up some of the most blood curdling horror stories in crypto to get you in a ghoulish mood. First up, when a deadly hailstorm rains down from the powers that be. That's what happened in China on September 24th, when crypto trading and mining were banned. The move sent shockwaves through the industry, with the price of Bitcoin slumping 6%. However, there were omens ahead of the move, with the clampdown on mining kickstarting a mass exodus of miners, earlier in the year. But has that course followed those crypto miners? A significant number thought they'd found a safe haven in Kazakhstan, only for the lights to stop flickering out. Kazakhstan emerged as the second largest bitcoin mining hub in the world after the U.S, following that exodus. But those miners relief has been short lived, with the country's energy minister proposing a draft bill to limit electricity supplies to new miners after several regions suffered from power shortages. And finally, watch out for blood thirsty crypto vampires, you might not recognize them on the street, but you'll certainly know when the hackers have bled you dry. August saw the biggest hack in DeFi history, though that lost spirit found its way back to the light, returning the US$600 million worth of assets stolen from Poly Network within two weeks. But will the same happen in the case of this week's attack on Cream Finance? In its third attack of the year, US$130 million worth of tokens vanished in a puff of smoke. Best watch out for this crypto bumps in the night.
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#Crypto #Blockchain #BlockchainTechnology #DigitalAssets #Cryptocurrency #DeFi #ShibaInu #Dogecoin #Memecoin #BTS #SquidGame #PolyNetwork #CREAM #KPop #ElonMusk
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Bitcoin may have taken a back seat in the collective consciousness of the crypto community this year as the non-fungible token scene took off and decentralized finance enjoyed an Indian summer, but the coin that started it all has been back in the headlines lately. Bitcoin has returned to valuations last seen during the heady peaks of spring, a BTC futures fund began trading on Wall Street earlier this month, and a Central American nation has adopted it as a parallel currency.
“A few hundred years ago, we were still in a world that was ruled by emperors — shahs, sultans, kings, czars... Within a span of 80 years that all disappeared,” Ben Caselin, the head of research at crypto exchange AAX, told Forkast.News in a video interview. “Things change.”
Watch Caselin's full interview with Forkast.News Editor-in-Chief Angie Lau to learn more about why Bitcoin is still the next big thing.
00:00 Introduction
2:23 Bitcoin’s decade of adoption
4:17 Evolving regulatory narratives
7:59 Understanding Bitcoin and crypto
14:46 Bitcoin as legal tender
21:14 Current state of Bitcoin
30:37 Crypto growth beyond Bitcoin
36:00 Bitcoin & beyond 2021
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HIGHLIGHTS
Bitcoin in El Salvador — far-sighted or foolish?
“It is brave at this stage in the market. Because the market is still only 2% or 3% adoption. And so, because of that, it’s susceptible to more manipulation … volatility … Most importantly, it's susceptible to a lot of criticism, ignorance and prejudice … So I think at the core, El Salvador's move was a very bold one. I think it’s very important for Bitcoin. It's really raised the profile. It's all wonderful that we get these comments from the International Monetary Fund, and we get reluctance from the World Bank, and we get some downgrading from (credit rating agency) Moody's.”
The diversification argument:
“Generally, Ethereum, Bitcoin... they move in unison. Sometimes Ethereum will move a bit faster. But then yesterday — or two days before — it just didn't. It went down while Bitcoin went up. So yes, there is this kind of arbitrary movement, but I would still say that generally cryptocurrencies move together ... So the diversification, I don't know if it's that strong yet as an argument, it does (matter) in the short term.”
The role of institutions in Bitcoin’s rise:
“For Bitcoin to keep rising, more capital needs to come in, and that cannot just be small money. Of course, it has to be big money. So the 100% rise from here still needs, like, more than a trillion dollars — it needs for it to double in size. And retail doesn't necessarily have a trillion dollars lying around. So, of course, it makes sense in the bigger scheme of things that now it's the time for institutions. But they also have to kind of go through … cultural transformations.”
Can Bitcoin change humanity?
“Bitcoin is the awakening of humanity to its own sovereign capacities. So as they engage the asset, they become aware that it's important to self-custody. It's important actually that money can flow over borders freely. It's important that money cannot be diluted by third parties that are not democratically elected, etc. There's a lot of these things that we can only realize. We realize them for a while, but that we realize en masse as we are, as we are kind of confronted with an alternative. And so Bitcoin offers that alternative.”
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#Crypto #Blockchain #BlockchainTechnology #DigitalAssets #Cryptocurrency #DeFi #Bitcoin #BTC #SatoshiNakomoto #Technology #Asset #ElSalvador #Ethereum
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ABOUT FORKAST.NEWS
Forkast.News covers blockchain, DLT, cryptocurrency and other emerging technologies in a way that anyone can understand. We help you bridge the gap between the blockchain industry and the mainstream.
From NFTs to enterprise blockchain platforms, smart contracts to altcoins, Bitcoin to DeFI and beyond; Forkast’s blend of insight, analysis & daily blockchain news keeps you on the cutting edge of the digital asset revolution and the wider digital economy it both supports and disrupts.
ABOUT ANGIE LAU
Angie Lau is editor-in-chief, CEO & founder of Forkast.News and host of ‘The Daily Forkast’. She is an award-winning veteran journalist, a respected thought leader in blockchain technology and a speaker at conferences around the world including the Forbes Summit, Binance Blockchain Week, Paris Blockchain Week Summit and the Asia Blockchain Summit.
Before founding Forkast in July 2018, Angie anchored Bloomberg TV’s flagship morning show “First Up with Angie Lau” broadcast globally into 350 million homes, offices and trading floors. Angie’s TED Talk “I Am Not Supposed to Be Here” is now a TED-Ed lesson for its global audience of 6.7 million followers.-
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In this video we will talk about the current state of the Solana NFT market & cover the upcoming Solana NFT projects that are releasing soon! This video will be a little bit of a rant, so be ready!
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0:00 - 0:52 Intro
0:53 - 1:59 Looking for New Solana NFT Projects
2:00 - 3:39 Current State of the Solana NFT Market
3:40 - 6:04 Factors Contributing to the NFT Market
6:05 - 6:44 Two Upcoming Solana NFT Projects
6:45 - 7:11 Anonymous Founders
7:12 - 8:36 My Thoughts & Conclusion on the Solana Market
8:37 - 8:53 Outro
Financial Disclaimer:
This is not financial advice. I am not a financial advisor. This channel is for entertainment and expressing my opinions. Please do your own research and make your own decisions.-
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Crypto and meme coins had one of their best months ever, while NFTs continue to face a rough patch. How long will this last?
In this video I talk about the recent declines in top collections (cool cats, cryptoadz, 0n1 force), the oversupply of new mints that go nowhere, and why everyone has been spending less money overall. I also talk about Coinbase and other upcoming platform integrations and what impact that might have, and what might happen to NFT prices in the short term if crypto and meme coins like Shiba and Dogecoin keep mooning.
Follow me on twitter: https://twitter.com/GiancarloChaux
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0:00 intro
0:47 October was...meh
1:29 the effects of a rising ETH
2:55 oversupplyyyyy
4:10 the big winners and losers in Oct
5:20 the new drops in Oct
5:48 Coinbase is coming - big deal?
7:33 Twitter NFT update
7:57 Robinhood update
8:33 Reddit NFT update
8:43 other major platforms are coming
9:30 youtube??
10:20 Valve vs Epic/Adobe
11:03 so am I bullish or...
12:20 November drops-
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The next generation of Augmented Reality Glasses is about to release to consumers and buisnesses. They finally seem to have everything in terms of display technology to controls and even futuristic features no previous smart glasses gadget had. And most importantly, they seem to be the best looking AR Glasses around. Magic Leap originally became public during the Google Glass era and released their first product in 2018. But already, they're about to release the next gen technology which they call Magic Leap 2 this year at an affordable price. In this video I'll show you what the future of Augmented Reality might bring.
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Every day is a day closer to the Technological Singularity. Experience Robots learning to walk & think, humans flying to Mars and us finally merging with technology itself. And as all of that happens, we at AI News cover the absolute cutting edge best technology inventions of Humanity.
If you enjoyed this video, please consider rating this video and subscribing to our channel for more frequent uploads. Thank you! :)
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TIMESTAMPS:
00:00 Magic Leap's Second Chance?
02:44 The Future of Augmented Reality
04:56 AR's Current Problems
07:20 Apple & Facebook's Path of AR
08:32 Last Words
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The bestselling author and historian offers his predictions on how technology will alter the evolution of humans and change society. Anderson Cooper reports.
"60 Minutes" is the most successful television broadcast in history. Offering hard-hitting investigative reports, interviews, feature segments and profiles of people in the news, the broadcast began in 1968 and is still a hit, over 50 seasons later, regularly making Nielsen's Top 10.
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Many countries are aiming to reach carbon neutrality in 2050. The 2050s will be completely different from the 2020s. Let's say we meet our climate goals and manage to limit global warming to 1.5 degrees Celsius, which is what many nations agreed to in the Paris Climate Agreement. But that means the planet will still be 1.5 degrees warmer than in pre-industrial times. So what will our future look like?
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#ClimateChange #GlobalWarming #NetZero-
Francisco Gimeno - BC Analyst Entertaining format and precious content here. Given the best scenery the climate change consequences will yet change completely the world as we know it by 2050. It's not a State or government effort anymore, but the one of everyone to try to do our best to minimise what we can those effects. Unfortunately it seems this best scenery won't be true, unless matters radically change.
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If global temperatures rise three degrees Celsius above pre-industrial levels, the results would be catastrophic. It’s an entirely plausible scenario, and this film shows you what it would look like.
00:00 - What will a 3°C world look like?
00:57 - Climate change is already having devastating effects
02:58 - How climate modelling works
04:06 - Nowhere is safe from global warming
05:20 - The impact of prolonged droughts
08:24 - Rising sea levels, storm surges and flooding
10:27 - Extreme heat and wet-bulb temperatures
12:51 - Increased migration and conflict
14:26 - Adaptation and mitigation are crucial
Like our video content? Take our survey to tell us why: https://econ.st/3oYeC61
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View all of The Economist’s climate change coverage: https://econ.st/3b1RwU2
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Listen to an episode of “The Intelligence” podcast about a 3°C world: https://econ.st/2Zw3Utv
What would different levels of global warming look like? https://econ.st/2ZBsZDb
How climate modelling works: https://econ.st/3jNmlAN
Read about the IPCC’s starkest warning yet about climate change: https://econ.st/3nxagk6
What to look out for at COP26: https://econ.st/2ZHngeZ
Why the COP26 climate summit will be both crucial and disappointing: https://econ.st/3Gvvibz
Broken promises, energy shortages and covid-19 will hamper COP26: https://econ.st/3EnDBnU
Why damage from climate change will be widespread and sometimes surprising: https://econ.st/3Et40kq
Children born today are likely to face seven times more extreme weather events than their grandparents: https://econ.st/3GyuXEO
How to prepare for rising sea levels: https://econ.st/3EmtO1t
Podcast: The growing risk of deadly heatwaves: https://econ.st/3nFWFH8
The danger posed by heatwaves needs to be taken more seriously: https://econ.st/3k7SbZd
What if firms were forced to pay for frying the planet: https://econ.st/3nGpseT-
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