On Feb. 14, 2023, Milena Mayorga, the Salvadoran ambassador to the United States, announced that her country is considering opening a second bitcoin embassy in the Lone Star State. Mayorga said that Texas is “our new ally” and the goal is to expand “commercial and economic exchange projects.”
This week, Milena Mayorga, the Salvadoran ambassador to the U.S., discussed her recent meeting with Texas Secretary of State Joe Esparza. Mayorga stated that government officials were considering the possibility of opening a second bitcoin embassy in the state. She noted that discussions had already taken place with authorities from Lugano, Switzerland about a similar bitcoin embassy concept.
“The state of Texas, our new ally,” Mayorga tweeted. “In my meeting with the deputy secretary of the Government of Texas, Joe Esparza … We discussed the opening of the second [bitcoin] embassy, and the expansion of commercial and economic exchange projects.”
The Salvadoran ambassador’s proposal comes after El Salvador’s approval of the Digital Assets Issuance Law in January 2023 and a recent mission statement on El Salvador’s economy by the International Monetary Fund (IMF). The IMF noted that El Salvador had managed to avoid cryptocurrency-related risks due to the slow and tepid adoption of bitcoin in the country. This development also follows comments by Salvadoran President Nayib Bukele regarding disinformation in the media.
El Salvador’s finance minister, Alejandro Zelaya, took to Twitter to refute claims made by some national and international media, tweeting: “El Salvador has met its debt obligations. We announce that on this day we have completed the payment of the 2023 Bond for $800 million, plus interest.”
The Salvadoran ambassador, Mayorga, noted in her own Twitter thread that Texas Secretary of State Joe Esparza had expressed a positive view of the relationship between El Salvador and Texas in terms of commercial and economic exchange, with the two entities having exchanged $1,244,636,983 in 2022.
Will the potential opening of a second bitcoin embassy in Texas further strengthen the relationship between El Salvador and the Lone Star state, and potentially boost the adoption of cryptocurrencies in the region? Share your thoughts in the comments below.
Jamie Redman is the News Lead at Bitcoin.com News and a financial tech journalist living in Florida. Redman has been an active member of the cryptocurrency community since 2011. He has a passion for Bitcoin, open-source code, and decentralized applications. Since September 2015, Redman has written more than 6,000 articles for Bitcoin.com News about the disruptive protocols emerging today.
Image Credits: Shutterstock, Pixabay, Wiki Commons
Disclaimer: This article is for informational purposes only. It is not a direct offer or solicitation of an offer to buy or sell, or a recommendation or endorsement of any products, services, or companies. Bitcoin.com does not provide investment, tax, legal, or accounting advice. Neither the company nor the author is responsible, directly or indirectly, for any damage or loss caused or alleged to be caused by or in connection with the use of or reliance on any content, goods or services mentioned in this article.
Tony Hawk's Latest NFTs to Come With Signed Physical Skateboards
Last December, the renowned professional skateboarder Tony Hawk released his “Last Trick” non-fungible token (NFT) collection via the NFT marketplace Autograph. Next week, Hawk will be auctioning the skateboards he used during his last tricks, and each of the NFTs ... read more.
On Feb. 14, 2023, Milena Mayorga, the Salvadoran ambassador to the United States, announced that her country is considering opening a second bitcoin embassy in the Lone Star State. Mayorga said that Texas is “our new ally” and the goal is to expand “commercial and economic exchange projects.”
This week, Milena Mayorga, the Salvadoran ambassador to the U.S., discussed her recent meeting with Texas Secretary of State Joe Esparza. Mayorga stated that government officials were considering the possibility of opening a second bitcoin embassy in the state. She noted that discussions had already taken place with authorities from Lugano, Switzerland about a similar bitcoin embassy concept.
“The state of Texas, our new ally,” Mayorga tweeted. “In my meeting with the deputy secretary of the Government of Texas, Joe Esparza … We discussed the opening of the second [bitcoin] embassy, and the expansion of commercial and economic exchange projects.”
The Salvadoran ambassador’s proposal comes after El Salvador’s approval of the Digital Assets Issuance Law in January 2023 and a recent mission statement on El Salvador’s economy by the International Monetary Fund (IMF). The IMF noted that El Salvador had managed to avoid cryptocurrency-related risks due to the slow and tepid adoption of bitcoin in the country. This development also follows comments by Salvadoran President Nayib Bukele regarding disinformation in the media.
El Salvador’s finance minister, Alejandro Zelaya, took to Twitter to refute claims made by some national and international media, tweeting: “El Salvador has met its debt obligations. We announce that on this day we have completed the payment of the 2023 Bond for $800 million, plus interest.”
The Salvadoran ambassador, Mayorga, noted in her own Twitter thread that Texas Secretary of State Joe Esparza had expressed a positive view of the relationship between El Salvador and Texas in terms of commercial and economic exchange, with the two entities having exchanged $1,244,636,983 in 2022.
Will the potential opening of a second bitcoin embassy in Texas further strengthen the relationship between El Salvador and the Lone Star state, and potentially boost the adoption of cryptocurrencies in the region? Share your thoughts in the comments below.
Jamie Redman is the News Lead at Bitcoin.com News and a financial tech journalist living in Florida. Redman has been an active member of the cryptocurrency community since 2011. He has a passion for Bitcoin, open-source code, and decentralized applications. Since September 2015, Redman has written more than 6,000 articles for Bitcoin.com News about the disruptive protocols emerging today.
Image Credits: Shutterstock, Pixabay, Wiki Commons
Disclaimer: This article is for informational purposes only. It is not a direct offer or solicitation of an offer to buy or sell, or a recommendation or endorsement of any products, services, or companies. Bitcoin.com does not provide investment, tax, legal, or accounting advice. Neither the company nor the author is responsible, directly or indirectly, for any damage or loss caused or alleged to be caused by or in connection with the use of or reliance on any content, goods or services mentioned in this article.
Tony Hawk's Latest NFTs to Come With Signed Physical Skateboards
Last December, the renowned professional skateboarder Tony Hawk released his “Last Trick” non-fungible token (NFT) collection via the NFT marketplace Autograph. Next week, Hawk will be auctioning the skateboards he used during his last tricks, and each of the NFTs ... read more.
Dogecoin rallied on Feb. 15, as Elon Musk tweeted a picture of a Shiba Inu dog, with the caption: “The new CEO of Twitter is amazing.” Following this tweet, both dogecoin and shiba inu surged, extending recent gains. Overall, the global cryptocurrency market cap is 2.42% higher as of writing.
Dogecoin (DOGE) rose by as much as 6% on Wednesday, as markets reacted to tweets from Tesla CEO Elon Musk.
DOGE/USD surged to an intraday high of $0.08707 earlier in today’s session, which comes a day after trading at a bottom of $0.08141.
Today’s move saw the meme coin climb for a second straight session, breaking out of a resistance level at $0.0840 in the process.
Upside momentum comes as the 14-day relative strength index (RSI) surged, and as of writing it is tracking at 50.81
Price strength has now risen to its highest point in nearly a week, and is fast approaching a ceiling at 52.00.
As a result of this, earlier gains have somewhat eased, with dogecoin now trading at $0.08656.
Shiba inu (SHIB) also rose for a second consecutive day, breaking out of a resistance level of its own.
Following a low of $0.00001222 on Tuesday, SHIB/USD raced to an intraday high of $0.00001313 earlier in the day.
Like with dogecoin, today’s rally saw the meme coin race past a ceiling at $0.00001285, climbing by nearly 6% in the process.
As can be seen from the chart, there was also a breakout on the RSI indicator, which moved beyond a ceiling at 55.00
Currently, the index is tracking at 56.95, with the nearest point of resistance at the 61.00 mark.
There is a chance that early bulls will opt to take profit close to this point, as overall market sentiment remains partially bearish.
Register your email here to get weekly price analysis updates sent to your inbox:
Could meme coins continue to rally as the week progresses? Let us know your thoughts in the comments.
Eliman brings an eclectic point of view to market analysis. He was previously a brokerage director and online trading educator. Currently, he acts as a commentator across various asset classes, including Crypto, Stocks and FX, whilst also a startup founder.
Image Credits: Shutterstock, Pixabay, Wiki Commons
Disclaimer: This article is for informational purposes only. It is not a direct offer or solicitation of an offer to buy or sell, or a recommendation or endorsement of any products, services, or companies. Bitcoin.com does not provide investment, tax, legal, or accounting advice. Neither the company nor the author is responsible, directly or indirectly, for any damage or loss caused or alleged to be caused by or in connection with the use of or reliance on any content, goods or services mentioned in this article.
Ripple CEO: SEC Lawsuit Over XRP 'Has Gone Exceedingly Well'
The CEO of Ripple Labs says that the lawsuit brought by the U.S. Securities and Exchange Commission (SEC) against him and his company over XRP "has gone exceedingly well." He stressed: "This case is important, not just for Ripple, it’s ... read more.
Dogecoin rallied on Feb. 15, as Elon Musk tweeted a picture of a Shiba Inu dog, with the caption: “The new CEO of Twitter is amazing.” Following this tweet, both dogecoin and shiba inu surged, extending recent gains. Overall, the global cryptocurrency market cap is 2.42% higher as of writing.
Dogecoin (DOGE) rose by as much as 6% on Wednesday, as markets reacted to tweets from Tesla CEO Elon Musk.
DOGE/USD surged to an intraday high of $0.08707 earlier in today’s session, which comes a day after trading at a bottom of $0.08141.
Today’s move saw the meme coin climb for a second straight session, breaking out of a resistance level at $0.0840 in the process.
Upside momentum comes as the 14-day relative strength index (RSI) surged, and as of writing it is tracking at 50.81
Price strength has now risen to its highest point in nearly a week, and is fast approaching a ceiling at 52.00.
As a result of this, earlier gains have somewhat eased, with dogecoin now trading at $0.08656.
Shiba inu (SHIB) also rose for a second consecutive day, breaking out of a resistance level of its own.
Following a low of $0.00001222 on Tuesday, SHIB/USD raced to an intraday high of $0.00001313 earlier in the day.
Like with dogecoin, today’s rally saw the meme coin race past a ceiling at $0.00001285, climbing by nearly 6% in the process.
As can be seen from the chart, there was also a breakout on the RSI indicator, which moved beyond a ceiling at 55.00
Currently, the index is tracking at 56.95, with the nearest point of resistance at the 61.00 mark.
There is a chance that early bulls will opt to take profit close to this point, as overall market sentiment remains partially bearish.
Register your email here to get weekly price analysis updates sent to your inbox:
Could meme coins continue to rally as the week progresses? Let us know your thoughts in the comments.
Eliman brings an eclectic point of view to market analysis. He was previously a brokerage director and online trading educator. Currently, he acts as a commentator across various asset classes, including Crypto, Stocks and FX, whilst also a startup founder.
Image Credits: Shutterstock, Pixabay, Wiki Commons
Disclaimer: This article is for informational purposes only. It is not a direct offer or solicitation of an offer to buy or sell, or a recommendation or endorsement of any products, services, or companies. Bitcoin.com does not provide investment, tax, legal, or accounting advice. Neither the company nor the author is responsible, directly or indirectly, for any damage or loss caused or alleged to be caused by or in connection with the use of or reliance on any content, goods or services mentioned in this article.
Ripple CEO: SEC Lawsuit Over XRP 'Has Gone Exceedingly Well'
The CEO of Ripple Labs says that the lawsuit brought by the U.S. Securities and Exchange Commission (SEC) against him and his company over XRP "has gone exceedingly well." He stressed: "This case is important, not just for Ripple, it’s ... read more.
PRESS RELEASE. LONDON, ENGLAND – February 15th, 2023 – Neon Link, the new blockchain gaming ecosystem consisting of a layer-1 blockchain, native coin, wallet, dex, bridge, games and more is opening up the opportunity to own part of this project by holding the NEON coin on the 15th February at 5PM UTC. By connecting a wallet and purchasing coins with ERC-20 $ETH or $USDT, anyone can invest in some of the 55 million coins that are on offer in this presale.
Combining web3 innovation with gameplay-first experiences for gamers and game developers, Neon Link is racing through a sophisticated roadmap that includes, amongst other things, the release of an AI-enhanced Software Development Kit (SDK) for game developers.
The game-focused NEON coin provides utility and governance to the Neon Link blockchain and its suite of products and can be earned through gameplay in any of the three upcoming Neon Link Games: Ascend The End (which has recently launched its Closed Alpha test), Neon Saga and Neon Punks Arcade.
The Neon Bridge can be used to bridge tokens from one chain to another, with all major chains supported and more to be added in the future.
The minimum purchase is $12 and the maximum is $50,000 worth of Neon Coin, and prices are discounted through bands as the sale progresses. Funds will be allocated to the development of the games, community growth, and an accelerator program for the first 20 projects that sign up to build games on Neon Link.
Visit the Presale Page to find out more, and sign up to receive important updates and take part on the 15th of February at 5pm UTC.
For media inquiries, please reach out to roland@neonlink.io.
This is a press release. Readers should do their own due diligence before taking any actions related to the promoted company or any of its affiliates or services. Bitcoin.com is not responsible, directly or indirectly, for any damage or loss caused or alleged to be caused by or in connection with the use of or reliance on any content, goods or services mentioned in the press release.
Bitcoin.com is the premier source for everything crypto-related. Contact the Media team on ads@bitcoin.com to talk about press releases, sponsored posts, podcasts and other options.
Image Credits: Shutterstock, Pixabay, Wiki Commons
Fidelity Investments Launches Crypto, Metaverse ETFs — Says 'We Continue to See Demand'
Fidelity Investments, one of the largest financial services firms with more than $11 trillion under administration, is launching exchange-traded funds (ETFs) focusing on the crypto ecosystem and the metaverse. "We continue to see demand, particularly from young investors, for access ... read more.
PRESS RELEASE. LONDON, ENGLAND – February 15th, 2023 – Neon Link, the new blockchain gaming ecosystem consisting of a layer-1 blockchain, native coin, wallet, dex, bridge, games and more is opening up the opportunity to own part of this project by holding the NEON coin on the 15th February at 5PM UTC. By connecting a wallet and purchasing coins with ERC-20 $ETH or $USDT, anyone can invest in some of the 55 million coins that are on offer in this presale.
Combining web3 innovation with gameplay-first experiences for gamers and game developers, Neon Link is racing through a sophisticated roadmap that includes, amongst other things, the release of an AI-enhanced Software Development Kit (SDK) for game developers.
The game-focused NEON coin provides utility and governance to the Neon Link blockchain and its suite of products and can be earned through gameplay in any of the three upcoming Neon Link Games: Ascend The End (which has recently launched its Closed Alpha test), Neon Saga and Neon Punks Arcade.
The Neon Bridge can be used to bridge tokens from one chain to another, with all major chains supported and more to be added in the future.
The minimum purchase is $12 and the maximum is $50,000 worth of Neon Coin, and prices are discounted through bands as the sale progresses. Funds will be allocated to the development of the games, community growth, and an accelerator program for the first 20 projects that sign up to build games on Neon Link.
Visit the Presale Page to find out more, and sign up to receive important updates and take part on the 15th of February at 5pm UTC.
For media inquiries, please reach out to roland@neonlink.io.
This is a press release. Readers should do their own due diligence before taking any actions related to the promoted company or any of its affiliates or services. Bitcoin.com is not responsible, directly or indirectly, for any damage or loss caused or alleged to be caused by or in connection with the use of or reliance on any content, goods or services mentioned in the press release.
Bitcoin.com is the premier source for everything crypto-related. Contact the Media team on ads@bitcoin.com to talk about press releases, sponsored posts, podcasts and other options.
Image Credits: Shutterstock, Pixabay, Wiki Commons
Fidelity Investments Launches Crypto, Metaverse ETFs — Says 'We Continue to See Demand'
Fidelity Investments, one of the largest financial services firms with more than $11 trillion under administration, is launching exchange-traded funds (ETFs) focusing on the crypto ecosystem and the metaverse. "We continue to see demand, particularly from young investors, for access ... read more.
PRESS RELEASE. This month, DPEX—a decentralized perpetual exchange with self-custody of user funds—made its debut via the official Polygon DeFi Twitter account. Since then, it has been garnering immense attention!
DPEX announced its launch on the Polygon blockchain network on 1 February 2023.
DPEX is a decentralized perpetual exchange that provides a secure and user-friendly experience for trading digital assets. With the self-custody of user funds, DPEX is poised to become a leading player in the DeFi (decentralized finance) space.
Users will keep their funds in their private hardware, or software-based cryptocurrency wallets and connect their wallets through dpex.io for decentralized leverage trading via well-secured smart contracts.
The sheer amount of stolen and scammed cryptocurrencies from centralized exchanges has skyrocketed, demonstrating the importance of self-custody for crypto-assets. In 2022, more than $1.6 billion was unaccounted for due to these unfortunate events. The countless benefits of self-custody far outweigh its costs, making it a must when dealing with digital assets and currencies. Don’t only consider this now, but plan for the future too!
DPEX, a decentralized perpetual exchange, has announced the launch of its platform on the Polygon blockchain. The exchange will allow users to have custody of their funds, providing a more secure and user-friendly experience than traditional exchanges. The launch of DPEX marks an important step forward for the cryptocurrency industry, as it provides a reliable and user-friendly option for trading digital assets. With the self-custody of user funds, DPEX is poised to become a leading player in the DeFi (decentralized finance) space.
3 Ways to Keep Custody Over Your Crypto-Assets and Trade with Leverage on DPEX:
DPEX is an innovative decentralized perpetual exchange that provides users with a secure and user-friendly experience for trading digital assets. No middleman or third-party service provider is needed – just your web3-supported cryptocurrency wallet. With the self-custody of user funds, it is well-positioned to become a leading player in the DeFi (decentralized finance) space.
Learn more: https://dpex.io
This is a press release. Readers should do their own due diligence before taking any actions related to the promoted company or any of its affiliates or services. Bitcoin.com is not responsible, directly or indirectly, for any damage or loss caused or alleged to be caused by or in connection with the use of or reliance on any content, goods or services mentioned in the press release.
Bitcoin.com is the premier source for everything crypto-related. Contact the Media team on ads@bitcoin.com to talk about press releases, sponsored posts, podcasts and other options.
Image Credits: Shutterstock, Pixabay, Wiki Commons
Tony Hawk's Latest NFTs to Come With Signed Physical Skateboards
Last December, the renowned professional skateboarder Tony Hawk released his “Last Trick” non-fungible token (NFT) collection via the NFT marketplace Autograph. Next week, Hawk will be auctioning the skateboards he used during his last tricks, and each of the NFTs ... read more.
PRESS RELEASE. This month, DPEX—a decentralized perpetual exchange with self-custody of user funds—made its debut via the official Polygon DeFi Twitter account. Since then, it has been garnering immense attention!
DPEX announced its launch on the Polygon blockchain network on 1 February 2023.
DPEX is a decentralized perpetual exchange that provides a secure and user-friendly experience for trading digital assets. With the self-custody of user funds, DPEX is poised to become a leading player in the DeFi (decentralized finance) space.
Users will keep their funds in their private hardware, or software-based cryptocurrency wallets and connect their wallets through dpex.io for decentralized leverage trading via well-secured smart contracts.
The sheer amount of stolen and scammed cryptocurrencies from centralized exchanges has skyrocketed, demonstrating the importance of self-custody for crypto-assets. In 2022, more than $1.6 billion was unaccounted for due to these unfortunate events. The countless benefits of self-custody far outweigh its costs, making it a must when dealing with digital assets and currencies. Don’t only consider this now, but plan for the future too!
DPEX, a decentralized perpetual exchange, has announced the launch of its platform on the Polygon blockchain. The exchange will allow users to have custody of their funds, providing a more secure and user-friendly experience than traditional exchanges. The launch of DPEX marks an important step forward for the cryptocurrency industry, as it provides a reliable and user-friendly option for trading digital assets. With the self-custody of user funds, DPEX is poised to become a leading player in the DeFi (decentralized finance) space.
3 Ways to Keep Custody Over Your Crypto-Assets and Trade with Leverage on DPEX:
DPEX is an innovative decentralized perpetual exchange that provides users with a secure and user-friendly experience for trading digital assets. No middleman or third-party service provider is needed – just your web3-supported cryptocurrency wallet. With the self-custody of user funds, it is well-positioned to become a leading player in the DeFi (decentralized finance) space.
Learn more: https://dpex.io
This is a press release. Readers should do their own due diligence before taking any actions related to the promoted company or any of its affiliates or services. Bitcoin.com is not responsible, directly or indirectly, for any damage or loss caused or alleged to be caused by or in connection with the use of or reliance on any content, goods or services mentioned in the press release.
Bitcoin.com is the premier source for everything crypto-related. Contact the Media team on ads@bitcoin.com to talk about press releases, sponsored posts, podcasts and other options.
Image Credits: Shutterstock, Pixabay, Wiki Commons
Tony Hawk's Latest NFTs to Come With Signed Physical Skateboards
Last December, the renowned professional skateboarder Tony Hawk released his “Last Trick” non-fungible token (NFT) collection via the NFT marketplace Autograph. Next week, Hawk will be auctioning the skateboards he used during his last tricks, and each of the NFTs ... read more.
PRESS RELEASE. NFEX has completed a $3 Million seed round led by ABCDE Capital and included investment from other well-known institutions including Amber Group and Firestone Ventures. NFEX strives to build the best derivative NFT market, creating new opportunities to attract greater liquidity to the NFT marketplace.
What is NFEX?
NFEX is a decentralized derivatives exchange that offers perpetual swaps trading across popular blue chip NFTs and other crypto assets. NFEX expands limitations and boosts liquidity compared to traditional NFT marketplaces, offering leverages and long/short trading capabilities. Users can take positions in NFTs at low entry costs, speculating the future prices in either direction or shorting NFTs without any holdings. This opens up a variety of trading strategies for NFT traders including hedging, speculation and arbitrage.
BMAN, the co-founder and GP at ABCDE Capital commented in a previous interview, expressing his concerns over the lack of liquidity in 99.99% of the existing NFT projects and his confidence in innovative products like NFEX to bring a reform to this industry.
“NFEx’s vision is to build the liquidity center for the NFT industry. The founders of the team have extensive experience in building exchanges and providing liquidity for new asset classes. We believe they are the most capable candidates for this product.”
The public launch of NFEX is around the corner. Please follow our twitter for the most recent updates.
About ABCDE Capital:
ABCDE is a 400mm fund investing in web3 builders co-founded by Huobi co-founder Du Jun and former Internet & crypto founder BMAN. We are builders, entrepreneurs, influencers and the most valuable partners behind the builders. We have our teams in Silicon Valley, Singapore and Beijing bridging the ecosystems of the east and west. Our LPs and partners include the world’s leading cryptocurrency exchange and well-known infrastructures in the crypto industry. We hand on to support builders from end to end from marketing, community relations to engineering and ecological construction.
About Amber Group
Amber Group is a leader in digital asset trading, products, and infrastructure. We work with companies ranging from token issuers, banks, and fintech firms, to sports teams, game developers, brands, and creators. Operating at the center of markets, we provide liquidity across all major exchanges, applications, and networks. Across all products and categories, we have turned over $1T in volumes since inception. Our core value is building strong relationships with our clients; helping them buy and sell digital assets, earn yield, manage risk, and access liquidity. Through our consumer fintech platform, WhaleFin, individual investors enjoy secure, award-winning investing services including app & web trading, fixed income and structured products.
To learn more about NFEX you can read our previous blog link here.
This is a press release. Readers should do their own due diligence before taking any actions related to the promoted company or any of its affiliates or services. Bitcoin.com is not responsible, directly or indirectly, for any damage or loss caused or alleged to be caused by or in connection with the use of or reliance on any content, goods or services mentioned in the press release.
Bitcoin.com is the premier source for everything crypto-related. Contact the Media team on ads@bitcoin.com to talk about press releases, sponsored posts, podcasts and other options.
Image Credits: Shutterstock, Pixabay, Wiki Commons
Draft Law Regulating Aspects of Crypto Taxation Submitted to Russian Parliament
A bill updating Russia’s tax law to incorporate provisions pertaining to cryptocurrencies has been filed with the State Duma, the lower house of parliament. The legislation is tailored to regulate the taxation of sales and profits in the country’s market ... read more.
PRESS RELEASE. NFEX has completed a $3 Million seed round led by ABCDE Capital and included investment from other well-known institutions including Amber Group and Firestone Ventures. NFEX strives to build the best derivative NFT market, creating new opportunities to attract greater liquidity to the NFT marketplace.
What is NFEX?
NFEX is a decentralized derivatives exchange that offers perpetual swaps trading across popular blue chip NFTs and other crypto assets. NFEX expands limitations and boosts liquidity compared to traditional NFT marketplaces, offering leverages and long/short trading capabilities. Users can take positions in NFTs at low entry costs, speculating the future prices in either direction or shorting NFTs without any holdings. This opens up a variety of trading strategies for NFT traders including hedging, speculation and arbitrage.
BMAN, the co-founder and GP at ABCDE Capital commented in a previous interview, expressing his concerns over the lack of liquidity in 99.99% of the existing NFT projects and his confidence in innovative products like NFEX to bring a reform to this industry.
“NFEx’s vision is to build the liquidity center for the NFT industry. The founders of the team have extensive experience in building exchanges and providing liquidity for new asset classes. We believe they are the most capable candidates for this product.”
The public launch of NFEX is around the corner. Please follow our twitter for the most recent updates.
About ABCDE Capital:
ABCDE is a 400mm fund investing in web3 builders co-founded by Huobi co-founder Du Jun and former Internet & crypto founder BMAN. We are builders, entrepreneurs, influencers and the most valuable partners behind the builders. We have our teams in Silicon Valley, Singapore and Beijing bridging the ecosystems of the east and west. Our LPs and partners include the world’s leading cryptocurrency exchange and well-known infrastructures in the crypto industry. We hand on to support builders from end to end from marketing, community relations to engineering and ecological construction.
About Amber Group
Amber Group is a leader in digital asset trading, products, and infrastructure. We work with companies ranging from token issuers, banks, and fintech firms, to sports teams, game developers, brands, and creators. Operating at the center of markets, we provide liquidity across all major exchanges, applications, and networks. Across all products and categories, we have turned over $1T in volumes since inception. Our core value is building strong relationships with our clients; helping them buy and sell digital assets, earn yield, manage risk, and access liquidity. Through our consumer fintech platform, WhaleFin, individual investors enjoy secure, award-winning investing services including app & web trading, fixed income and structured products.
To learn more about NFEX you can read our previous blog link here.
This is a press release. Readers should do their own due diligence before taking any actions related to the promoted company or any of its affiliates or services. Bitcoin.com is not responsible, directly or indirectly, for any damage or loss caused or alleged to be caused by or in connection with the use of or reliance on any content, goods or services mentioned in the press release.
Bitcoin.com is the premier source for everything crypto-related. Contact the Media team on ads@bitcoin.com to talk about press releases, sponsored posts, podcasts and other options.
Image Credits: Shutterstock, Pixabay, Wiki Commons
Draft Law Regulating Aspects of Crypto Taxation Submitted to Russian Parliament
A bill updating Russia’s tax law to incorporate provisions pertaining to cryptocurrencies has been filed with the State Duma, the lower house of parliament. The legislation is tailored to regulate the taxation of sales and profits in the country’s market ... read more.
PRESS RELEASE. Foonie Magus, developers of the world’s 1st NFT god game Apeiron, has announced its biggest ever tournament, the Apeiron Guild Wars: Skydream Scramble. The event, co-hosted by GameFi.org, will include major web3 gaming communities, a $200k prize pool, and has received overwhelming support from industry peers, including The Beacon, Project Godjira, Matr1x FIRE, and Guildfi.
The announcement of the tournament follows the recent release of Apeiron’s Dungeon Demo, which casts players in the role of the storm god Gale and his gang of cute and chubby Doods as they fight through a dangerous dungeon in the Apeiron “godiverse”. The demo has received glowing praise from the public.
Frank Cheng, Foonie Magus CEO, claims that this is just the beginning: “Our team is thrilled by the overwhelming response, but they ain’t seen nothing yet! What we have right now is but a minimal value product, a demonstration of Apeiron’s core battle game loop. Over the next few months we will give players a taste of what Apeiron is truly capable of.”
To play the Apeiron Dungeon Demo, players will need an Apeiron’s Battlepass. Players will be able to earn Animus, a unique Apeiron reward token, by completing dungeon levels, and those who make it all the way to the final boss will be eligible for special prizes.
The release of the demo marks the announcement of Apeiron’s latest Guild Wars: the Skydream Scramble, to be held over the course of February and March 2023. This massive event will bring together web3 gaming communities for an opportunity to win rewards of up to $20,000 now and a shot at Apeiron’s $200,000 tournament in May.
The Skydream Scramble will be Apeiron’s biggest ever gameplay tournament. Notable partners include gaming guild giants such as Guildfi, Avocado, YGG SEA, and Snackclub, alongside Alpha NFT communities Project Godira, Surgence, Habibz, and Zooverse. Gaming platforms Polkastarter and GameFi.org will also both be participating, the latter co-hosting the tournament.
Furthermore, Apeiron will be partnering with a number of other web3 game projects – including The Beacon, E4C, Matr1x FIRE, Degenheim, Shrapnel and 3VERSE – to provide a variety of different gaming experiences and rewards for players to enjoy and earn over the course of the tournament.
Interested game communities and orgs that would like to participate in the Skydream Scramble may contact Foonie Magus representatives through the official Apeiron Discord community for more information and to register. Once registered, any participants may play the demo for free.
About Apeiron
Apeiron is the world’s first NFT-based play-and-earn roguelike x godgame. Apeiron will feature a unique card-based action-adventure combat system combined with god game simulation gameplay inspired by classic god games like Populous and Black & White. Players will be able to build up planets from above before descending down into dangerous dungeons as a powerful Avatar to solve the mysteries of the universe. Players will grow their planet to the point of developmental stagnation, then reset the planetary cycle via an Armageddon event to allow for even more advancement and thrilling late-game alliance level GvE and GvG activities. Apeiron will use a tri-token architecture – a governance token, a play-to-earn token, and a premium alliance token – to balance their ecosystem and drive long-term sustainable growth.
Visit Apeiron’s Website | OpenSea | Discord | Twitter | Guild War Registration
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