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With cryptocurrency markets correcting recently, there are a lot of fantastic Metaverse coins currently on sale. This article looks at the top seven Metaverse coins with a unit value of under $0.1, ordered by price, lowest to highest. 1. UFO Gaming (UFO) – $0.00002609

UFO Gaming describes itself as a fully decentralized blockchain gaming platform. It features a Play-to-Earn Metaverse and the UFO utility token of the Dark Metaverse, which contains a collection of planets featuring their unique games.

In the Dark Metaverse, each game will have its governing planet, where people can purchase their piece of land via NFTs, similar to Decentraland and The Sandbox.

According to its official website:

“UFO Gaming will collaborate with traditional gaming companies to integrate them onto the blockchain and develop new blockchain gaming features.”

At the time of writing, UFO Gaming is trading at $0.00002766, with a 24-hour trading volume of $32 million. UFO’s market cap is $712 million, with a circulating supply of 25.7 trillion. You can purchase UFO on Uniswap, Gate.io, MEXC, LBank, 0x Protocol, ShibaSwap, and more.

Starlink is building the first truly decentralized Metaverse. Starlink describes itself as a decentralized community-owned virtual project.

STARL is the governance token for the Starl Ecosystem. In addition, STARL allows users to buy, sell and trade virtual items like Spacecraft, Satellites, and Lands.

At the time of writing, STARL is trading at $0.00004374, with a 24-hour trading volume of $71 million. STARL has a market cap of $436 million, with a circulating supply of 9.9 trillion.

You can purchase the Starlink token on OKEx, Gate.io, Uniswap, ShibaSwap, and more. If you’re in the US, we recommend using Uniswap to trade STARL.

Radio Caca is Maye Musk’s exclusive NFT manager. RACA is the native token for the Universal Metaverse. The USM metaverse is a 3D planet world where users can own lands, build stores on their properties, and play or create various games.

Radio Caca is also a decentralized organization (DAO) operated by internet-native individuals all over the globe.

At the time of writing, RACA is trading at $0.004761, with a 24-hour trading volume of $203 million. Its market cap is $865 million, with a circulating supply of 181.85 billion.

You can purchase RACA on a variety on Poloniex, Gate.io, PancakeSwap, MEXC, and more. If you’re in the US, PancakeSwap is the best option as it offers low fees with no GEO restrictions.

inSure DeFi describes itself as a world-first DeFi insurance system with staking power. The platform’s goal is to provide protection and stability to crypto investors, helping them avoid scams and drastic portfolio devaluations.

Think of inSure like an insurance policy for your portfolio. InSure DeFi includes a multichain token called SURE that lives on both the Ethereum and Binance Smart Chain and acts as the native cryptocurrency on the platform.

At the time of writing, SURE is trading at $0.0088, with a 24-hour trading volume of $1.6 million. Its market cap is $237 million, with a circulating supply of 26.79 billion.

You can purchase inSure from PancakeSwap, Uniswap, QuickSwap, and more.

Verasity is a video-sharing platform built on top of the Ethereum blockchain. VRA describes itself as a “protocol and product layer platform for Esports and video entertainment.”

Verasity’s mission is to increase engagement and advertising revenues for video publishers and advertisers. VRA implements a Proof of View (POV) protocol, ensuring that views come from real humans and not bots.

At the time of writing, VRA is trading at $0.04196, with a 24-hour trading volume of $102 million. Its market cap is $187 million, with a circulating supply of 4.47 billion.

You can purchase Verasity on KuCoin, Gate.io, Bittrex, Bithumb, Uniswap, and more.

DEAP describes itself as a “next-generation Entertainment Company that will create a new economy and culture with entertainment and assets in the digital age.”

DEAPcoin is a gaming and NFT platform integrated with blockchain technology. It includes the DEP token, the ERC-20 native token to the network.

DEAPcoin features a service called Play Mining, which hosts a variety of blockchain-based Play-to-Earn games.

At the time of writing, DEP is trading at $0.04676, with a 24-hour trading volume of $13 million. Its market cap is $156 million, with a circulating supply of 3.33 billion.

You can purchase DEP on Bittrex, OKEx, Uniswap, PancakeSwap, and more. For US residents and users looking for low trading and transaction costs, PancakeSwap makes for a great option.

Blocktopia aims to provide a next-generation VR and AR experience, bringing users together in a futuristic Metaverse. BLOK is built and backed by Polygon and entirely operates on the blockchain.

According to its official website:

“Bloktopia will provide an unprecedented VR experience for the crypto community, bringing users together all in one immersive and engaging environment.”

At the time of writing, BLOK is trading at $0.09153, with a 24-hour trading volume of $87 million. Its market cap is $767 million, with a circulating supply of 8.34 billion.

You can purchase BLOK on KuCoin, Gate.io, OKEx, QuickSwap, Bitrue, and more.

Disclosure: This is not trading or investment advice. Always do your research before buying any cryptocurrency.

Also Read:

Follow us on Twitter @thevrsoldier to stay up to date with the latest cryptocurrency news, and subscribe to our daily newsletter to never miss another story!

Tags Metaverse

Cryptocurrency trading is gaining popularity in India in recent times. Though there are several sites for crypto exchanges, there are few trustworthy among them.

Written by Newsroom Staff December 3, 2021 12:51

New Delhi: India has witnessed a popular trend in Bitcoin trading in recent days. The Indian government is taking several initiatives to monitor transactions in cryptocurrency as tracing the movement of funds seemed difficult for them. Notably, investing in virtual currencies like Bitcoin, Ethereum and Mon-roe are still under development in India.

Though there is a large number of platforms for trading Bitcoins and altcoins, few websites are trustworthy in terms of their ease of use and popularity. Besides, exchanges in cryptocurrency work in a similar way to the stock market where investors can buy, sell or hold the cryptocurrencies.

Here is the list of some prominent cryptocurrency exchanges in India:

1. WazirX

One of the most successful cryptocurrency exchanges in India at present. The platform started on March 8. It provides its customers with peer-to-peer transaction capabilities and manages a technology that enables processing millions of transactions. As well, it can scale up the framework to meet the rising demand. The platforms can work smoothly on Android and IOS mobiles, Windows, and MAC applications.

2. BuyUCoin

This is another pioneer of cryptocurrency exchanges in India. It provides a platform for the trading of cryptos such as Bitcoin, Ethereum, Ethereum Classic, List NEM, Civic, Litecoin, Bitcoin Cash, and many others. Recently, the function of periodic transactions has been included to allow customers to participate in crypto as a SIP. Besides, the feature of “sandbox” prevents the risk of a blanket ban on cryptos in India. To provide unhackable protection, the platform stores 95% of funds offline.

3. CoinDCX

Launched on April 7, 2018, CoinDCX aimed to provide a user-friendly experience where users can have access to a variety of financial products and services enabled by industry-leading security and insurance protection processes. Besides, different payment strategies such as UPI and IMPS are also approved.

4. Bitbns

This platform offers peer-to-peer (P2P) sharing which allows the trading of Bitcoins. This platform allows the trading of cryptos without the involvement of a third party. Bitbns has 98+ cryptos listed under them which allows the users to purchase and sell them at the best available rates.

5. Zebpay

Established in 2014, this platform has over 3 million customers and $2 billion in fiat transactions. It provides the opportunity to instantly buy Bitcoins and a variety of Altcoins with guaranteed execution and minimal slippage. The Disable Outgoing Transaction feature aids to block all outgoing transactions with a robust security mechanism.

6. CoinSwitch Kuber

A stable and user-friendly Indian platform for crypto trading provides access to combined liquidity to exchange at the best possible rates and trade simultaneously after finishing KYC/AML procedures. The platform is ideal for beginners and daily doers.

7. Giottus  

This platform is protected against cyber theft. It provides 100% insurance against it. Further, they have collaborated with Bitgo, the global custodial service provider to provide insurance coverage to the customers’ savings. Besides, it provides 24×7 free instant deposit and withdrawal of Indian currency processed within 10 seconds. 

Top India crypto exchanges list:…Kaun Banega Crorepati 13: Let’s…Bob Biswas Twitter Review: Abhishek…Some states showed increased oxygen…

Digital asset platform Fireblocks has unveiled support for the Avalanche and Fantom blockchains as part of its ‘7 days of DeFi’ event to bolster security, access and connectivity to DeFi for financial institutions.

The first addition to its expansive platform, which supports more than 25 of the leading blockchains and protocols in the crypto industry, was Avalanche.

Through the integration, institutional customers of Fireblocks can now access Avalanche’s C-chain network to “custody and transfer the AVAX native token without jeopardising efficiency or security”.

Today, we’re launching support for @avalancheavax, one of the most exciting new protocols for #DeFi and beyond! Check out our blog post for how you can work with Avalanche. https://t.co/9kjqlN2j99 [1/2] pic.twitter.com/ipmfsWklO8

— Fireblocks (@FireblocksHQ) December 1, 2021

The support will include various leading projects on Avalanche including popular DEXs Trader Joe and Pangolin, alongside lending and borrowing platform Aave.

Fireblocks then added “expanded DeFi capabilities” for Fantom, the Layer-1 blockchain designed to “improve upon Ethereum’s scalability issues”.

It's the second day of DeFi and we're excited to announce expanded DeFi capabilities for @FantomFDN!

Fantom is a Layer-1, EVM-compatible blockchain platform meant to improve upon Ethereum's scalability issues. Here's how to work with Fantom on Fireblocks. https://t.co/EdyZ7euG5k pic.twitter.com/jATc0vLoow

— Fireblocks (@FireblocksHQ) December 2, 2021

Customers on Fireblocks can now access popular DeFi apps on Fantom such as SpookySwap, TombFinance and Yearn using the platform.

Fireblocks also hinted at the next addition in a cryptic tweet that suggests the platform is introducing Layer-2 support through a rollup or ZK solution like Abritrum or ZKSync.

The institutionally-focused asset manager secures more than $125Bn in digital assets via its software and APIs to custody, manage treasury operations, access DeFi and enable the minting and burning of tokens,

Disclaimer: The views and opinions expressed by the author should not be considered as financial advice. We do not give advice on financial products.

With cryptocurrency markets correcting recently, there are a lot of fantastic Metaverse coins currently on sale. This article looks at the top seven Metaverse coins with a unit value of under $0.1, ordered by price, lowest to highest. 1. UFO Gaming (UFO) – $0.00002609

UFO Gaming describes itself as a fully decentralized blockchain gaming platform. It features a Play-to-Earn Metaverse and the UFO utility token of the Dark Metaverse, which contains a collection of planets featuring their unique games.

In the Dark Metaverse, each game will have its governing planet, where people can purchase their piece of land via NFTs, similar to Decentraland and The Sandbox.

According to its official website:

“UFO Gaming will collaborate with traditional gaming companies to integrate them onto the blockchain and develop new blockchain gaming features.”

At the time of writing, UFO Gaming is trading at $0.00002766, with a 24-hour trading volume of $32 million. UFO’s market cap is $712 million, with a circulating supply of 25.7 trillion. You can purchase UFO on Uniswap, Gate.io, MEXC, LBank, 0x Protocol, ShibaSwap, and more.

Starlink is building the first truly decentralized Metaverse. Starlink describes itself as a decentralized community-owned virtual project.

STARL is the governance token for the Starl Ecosystem. In addition, STARL allows users to buy, sell and trade virtual items like Spacecraft, Satellites, and Lands.

At the time of writing, STARL is trading at $0.00004374, with a 24-hour trading volume of $71 million. STARL has a market cap of $436 million, with a circulating supply of 9.9 trillion.

You can purchase the Starlink token on OKEx, Gate.io, Uniswap, ShibaSwap, and more. If you’re in the US, we recommend using Uniswap to trade STARL.

Radio Caca is Maye Musk’s exclusive NFT manager. RACA is the native token for the Universal Metaverse. The USM metaverse is a 3D planet world where users can own lands, build stores on their properties, and play or create various games.

Radio Caca is also a decentralized organization (DAO) operated by internet-native individuals all over the globe.

At the time of writing, RACA is trading at $0.004761, with a 24-hour trading volume of $203 million. Its market cap is $865 million, with a circulating supply of 181.85 billion.

You can purchase RACA on a variety on Poloniex, Gate.io, PancakeSwap, MEXC, and more. If you’re in the US, PancakeSwap is the best option as it offers low fees with no GEO restrictions.

inSure DeFi describes itself as a world-first DeFi insurance system with staking power. The platform’s goal is to provide protection and stability to crypto investors, helping them avoid scams and drastic portfolio devaluations.

Think of inSure like an insurance policy for your portfolio. InSure DeFi includes a multichain token called SURE that lives on both the Ethereum and Binance Smart Chain and acts as the native cryptocurrency on the platform.

At the time of writing, SURE is trading at $0.0088, with a 24-hour trading volume of $1.6 million. Its market cap is $237 million, with a circulating supply of 26.79 billion.

You can purchase inSure from PancakeSwap, Uniswap, QuickSwap, and more.

Verasity is a video-sharing platform built on top of the Ethereum blockchain. VRA describes itself as a “protocol and product layer platform for Esports and video entertainment.”

Verasity’s mission is to increase engagement and advertising revenues for video publishers and advertisers. VRA implements a Proof of View (POV) protocol, ensuring that views come from real humans and not bots.

At the time of writing, VRA is trading at $0.04196, with a 24-hour trading volume of $102 million. Its market cap is $187 million, with a circulating supply of 4.47 billion.

You can purchase Verasity on KuCoin, Gate.io, Bittrex, Bithumb, Uniswap, and more.

DEAP describes itself as a “next-generation Entertainment Company that will create a new economy and culture with entertainment and assets in the digital age.”

DEAPcoin is a gaming and NFT platform integrated with blockchain technology. It includes the DEP token, the ERC-20 native token to the network.

DEAPcoin features a service called Play Mining, which hosts a variety of blockchain-based Play-to-Earn games.

At the time of writing, DEP is trading at $0.04676, with a 24-hour trading volume of $13 million. Its market cap is $156 million, with a circulating supply of 3.33 billion.

You can purchase DEP on Bittrex, OKEx, Uniswap, PancakeSwap, and more. For US residents and users looking for low trading and transaction costs, PancakeSwap makes for a great option.

Blocktopia aims to provide a next-generation VR and AR experience, bringing users together in a futuristic Metaverse. BLOK is built and backed by Polygon and entirely operates on the blockchain.

According to its official website:

“Bloktopia will provide an unprecedented VR experience for the crypto community, bringing users together all in one immersive and engaging environment.”

At the time of writing, BLOK is trading at $0.09153, with a 24-hour trading volume of $87 million. Its market cap is $767 million, with a circulating supply of 8.34 billion.

You can purchase BLOK on KuCoin, Gate.io, OKEx, QuickSwap, Bitrue, and more.

Disclosure: This is not trading or investment advice. Always do your research before buying any cryptocurrency.

Also Read:

Follow us on Twitter @thevrsoldier to stay up to date with the latest cryptocurrency news, and subscribe to our daily newsletter to never miss another story!

Tags Metaverse

London, United Kingdom--(Newsfile Corp. - December 3, 2021) - After half a year of development, INS3.Finance created the first fully decentralized insurance market, with all payments determined by smart contracts. Different types of insurance products such as CEX, DEX, Yield, Lend are now available, and more insurance demand scenarios are continuing to be added. At the same time, in order to respond quickly to market demand, INS3.Finance released V2 Roadmap on November 11th, launching insurance services for Business-to-Business, including various programs for DAO, insurance brokers, and smart insurance to provide users with more secure and convenient insurance services.

INS3.FINANCE

To view an enhanced version of this graphic, please visit: full.jpg

The current state of the market for decentralized insurance

Demand for cryptocurrencies is booming, as more than 100 million people worldwide use some type of them, according to World Cryptocurrency Research Lab. "Currently, only a few insurance companies provide cryptocurrency insurance. Like any valuable financial asset, the investment of cryptocurrency owners needs to be protected," said Louis Rothschild, Senior Decentralized Insurance Analyst at INS3.Finance.

The complexity of the decentralized trading environment also deters insurance companies. So far, the DeFi industry has seen countless risk events, but due to the limitations of the current open insurance design, such as voting systems and artificial decision, user losses are not covered. In fact, the number of claims occurred about the open insurance industry to make large payments for risk events rarely occur. The DeFi market, which is showing exponential growth, urgently needs a brand-new insurance program to overcome the centralization or artificial intervention in the payment problem of the open insurance industry, so that the insurance industry can complete the overall decentralization.

The inevitability of DeFi insurance

As demand for cryptocurrencies rises from large mainstream corporate and institutional customers, so does the need for financial protection and risk control in the crypto world. Crime and fraud are pre-insurance issues. Cryptocurrency crime and fraud currently have the highest cost of insurance. "Due to corruption and fraud, tens of millions dollars in cryptocurrency are lost every year," Louis Rothschild said. "There are many ways to crack or deceive cryptocurrency owners, and many people feel the need to insure their cryptocurrencies in any way. As a result, the insurance industry's interest in these industries is rising."

DeFi insurance is gathering steam

Currently, the largest insurance market in the crypto industry is the exchange to ensure that it will not be stolen by cryptocurrency hackers.

In the past, hackers attacked entire cryptocurrency exchanges and stole all crypto assets in their wallets. Customers have no right of recourse and their funds are permanently lost. To prevent this from happening again, crypto wallets have begun to provide insurance for their customers' assets, so if a hack occurs, customers can at least get their funds back.

Cryptocurrency is developing an insurance plan

A trend in the field of cryptocurrency insurance is to create its own insurance fund when other places where DeFi cannot provide such insurance.

A small portion of each transaction is added to an insurance fund to make up for losses caused by hackers. We will see the DeFi industry provide more insurance, although with the development of commercial insurance products, some DeFi industries may be more willing to outsource rather than deal with the overhead of managing their own self-insurance funds. For example, Conflux and TokenPocket provide supplementary insurance (supported by INS3.Finance) to cover wallet users who have lost their cryptocurrency assets.

The crypto market will soon be regulated, which may attract insurance companies

Cryptocurrencies may soon become mainstream, and as the industry normalizes, regulators will begin to supervise them.

"As companies like Tesla buy it in large quantities, other companies will soon follow," Louis Rothschild said. " This situational focus will cause the government to step in and try to regulate it, which will make cryptocurrency more attractive to insurance companies."

How does INS3.Finance protect encrypted assets?

INS3.Finance is an encrypted multi-chain decentralized commercial insurance that can fully cover blockchain protocols and decentralized organizations (DAO), and provide a full range of security services for various encrypted digital asset scenarios. It will become the first financial innovation of a major encrypted insurance ecosystem that integrates the decentralized financial "DeFi + NFT + Oracle + cross-chain" model.

INS3.Finance, a multi-chain decentralized insurance agreement, has currently completed 2 million dollars in financing, which is funded by Web3.VC, OKEx Blockdream Venture, Conflux, Legos capital, BiKi, Horizon capital, Gate labs, Beagle capital, Orange code capital, Redline Capital, and CollinStar Capita participated in the investment and directly invested in the Public blockchain. At present, it is estimated at thousands of dollars.

Previously, INS3 has received Grant support from the Conflux DAO Technical Committee, which is currently the largest unconditional funding amount received by the entire DeFi industry.

Prospects of INS3.Finance

Traditional insurance is upgraded to smart NFT contract insurance. In a decentralized world, because DAO can be a "company" composed of countless NFT contracts with clear rights and responsibilities defined by smart contracts, it can be freely disassembled into countless NFT contracts with clear rights and responsibilities defined by smart contracts, and direct Transaction, so that all intermediaries created to resist the "principal-agent" problem will be dissipated.

INS3.Finance uses a parametric decentralized insurance model to protect user assets from the use of cryptocurrency exchanges, custodial service providers, and smart contracts. The agreement does not require a claim assessor or any other intermediary to process the claim, and once it complies with the insurance rules, the claim will be resolved immediately. The contract replaces the enterprise, and NFT goes beyond the limitations of "art and games". In the reimbursement mechanism, the automatic repayment judgment is realized through a fair game between the oracle and the user, thereby abandoning the process of voting on governance tokens to determine whether to reimburse, and minimizing the governance of the system. With the development of INS3, it will provide solid insurance support for more DeFi projects in the future, and escort high-quality projects.

Media contact

Company Name: SKYCIR LIMITED Contact: Louis Rothschild Address: APARTMENT 1804 55 UPPER GROUND LONDON ENGLAND SE1 9EY Website: https://www.ins3.finance/ Email: ins3project@outlook.com

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/106451

Leading crypto firms like Coinbase (NASDAQ: COIN) and Ripple have proposed a regulatory framework for virtual currency and digital asset regulation.

In general, their recommended approach is meant to provide an effective and practical way forward for the blockchain industry. Crypto professionals believe that we need a relevant set of regulatory guidelines for accommodating the innovative capabilities of digital assets. Industry participants also believe the ideal public policy outcomes may be attained by stronger collaboration and work relationships between the public and private sector. A comprehensive approach to crypto and DeFi regulations should be able to adapt the current regulatory frameworks while supporting crypto innovation sandboxes.

Experts Say SEC’s Regulation-by-Enforcement Approach Just Won’t Work

Crypto industry professionals have also emphasized the importance of clear blockchain and crypto ecosystem guidelines and appropriate licensing frameworks. Overall, crypto organizations believe we need legal clarity for digital asset markets. According to industry experts, the US SEC’s regulation-by-enforcement approach just won’t work for this nascent sector being built on highly-technical decentralized protocols.

Policymakers in the US, Europe, and other jurisdictions are interested in learning more about how these cryptocurrency protocols have been developed and the use-cases they plan to provide in the coming years.

Industry experts have also noted that US financial regulators must play a key role in supporting the establishment of a “safe harbor” environment through which application and protocol developers are permitted to deploy their solutions and create their networks for a certain time period without being required to adhere to outdated federal securities laws, but only if certain conditions are satisfied beforehand. For example, innovation sandboxes are an effective way to promote public-private collaboration in the digital assets space.

A Better Way to Engage with US SEC, Other Global Regulators

There are many innovative projects like the Astra Protocol, a decentralized compliance layer for DeFi, that could help crypto firms ensure regulatory compliance. This approach could also lead to more productive dialogue and meaningful interactions with the US Securities and Exchange Commission (SEC).

Gary Gensler, the Chairperson of SEC, has referred to Crypto as the “Wild, Wild West.” He has also called for improved consumer protection in the digital assets sector. US lawmakers and regulatory authorities across the globe have recommended creating appropriate regulations for the crypto space.

As noted by the Astra Protocol team, major money laundering cases across different DeFi platforms have forced regulators to pay close attention to this nascent industry.

According to Astra, an innovative, highly secure, decentralized compliance platform is needed to deal with the growing concerns of loosely regulated crypto platforms. The Astra team also recommends a strategy where industry participants can adapt to the ever-evolving criminal activity in the crypto-assets space.

Importantly, the platform needs to provide a way to cope with the fast-evolving regulatory landscape, as laws like the “Cryptocurrency Bill 2021” and the “Keep Innovation in America Act” are made effective.

Under the Bank Secrecy Act, any so-called decentralized service provider that’s trading regulated financial assets has to carry out KYC and ensure adequate AML compliance processes are being followed.

Astra Protocol developers further explained that one of these requirements is “Independent testing for compliance to be conducted by the futures commission merchant or introducing broker in commodities’ personnel or by a qualified outside party.”

Astra Protocol developers are focused on addressing these requirements for all DeFi platforms. The team explains that the “Travel Rule” is one of the best ways to prevent money laundering and terrorist financing activities.

Weak KYC Remains Critical Issue

Virtual-asset firms and DeFi platforms have different ways to carry out customer due diligence, KYC, and AML/CFT processes, the Astra Protocol team notes. However, there are many platforms available to US consumers that have no proper KYC processes.

Astra Protocol developers further reveal that weak KYC remains a critical issue as would-be criminals are able to bypass these barriers. Investors are at considerable risk from DeFi hacks, scams, and theft as long as they engage with these platforms without a robust approach to KYC and AML.

Astra further notes that as DeFi continues to expand and grow as an industry, it will have to follow rules specified by society. That’s why these DeFi protocols will have to invest in a reliable compliance layer. Otherwise, regulatory agencies will be penalizing those who are violating money laundering / terrorist financing guidelines, as the SEC has stated.

Astra’s primary goal is to equip all DeFi protocols and Virtual Asset Service Providers (VASPs) with a decentralized compliance layer. Their offerings include KYC & AML capabilities to serve as a tool to address compliance issues by leveraging the expertise of trusted legal organizations.

Astra has specifically been designed to bridge the gap between regulators and innovators. The Protocol’s service offering aims to facilitate the best quality KYC and other due diligence processes via existing frameworks from well-established legal firms. Their platform offers decentralized business organizations and VASPs a proper mechanism to follow relevant regulations implemented by various jurisdictions.

For novice or new DeFi users, their technology calls upon industry experts from legal and accounting companies to conduct thorough KYC processes.

Astra Protocol developers offer a secure service to customers that’s tailored to any jurisdiction’s specific needs. Additionally, they provide customers a breakdown of various risks for any DeFi user based on globally recognized money laundering / anti-terrorism financing rules. With Astra, decentralized platforms may effectively demonstrate that they’re aware of and properly reacting to serious dangers while preventing fraudulent transactions.

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During the last few months, the Smartbch project has swelled with numerous projects, custom tokens, and the total-value locked (TVL) in five Smartbch decentralized exchange (dex) platforms has jumped more than 180% since November 3.

Smartbch Defi TVL Climbs 180% in a Month — Bitcoin Cash Universe Now Has 5 Dex Platforms

Eight months ago, bitcoin cash (BCH) proponents were introduced to a new website (smartbch.org) that featured a project called Smart Bitcoin Cash or Smartbch for short. Smartbch is a Bitcoin Cash sidechain that is compatible with Ethereum’s EVM and Web3 API, but further allows people to interact with smart contracts and custom tokens for extremely low data transfer fees.

Chain statistics in terms of total-value locked in decentralized finance (defi) indicates that Smartbch has $36 million in value today. That’s more than 180% higher than the Smartbch TVL of $12.9 million recorded on November 3.

At that time, the metrics that derived from defillama.com, indicated that there were only three dex applications. Today, Smartbch has five dex applications including Benswap, Mistswap, Muesliswap, Tangoswap, and 1bch.com.

Defillama.com metrics show that Benswap has a TVL dominance rating on Friday of 49.28%. Tangoswap and Mistswap have the second and third largest TVLs following Benswap’s lead. According to the size of defi TVLs per chain, while Ethereum holds the top TVL with $179.48 billion, Smartbch commands the 47th largest TVL position.

SEP20 Tokens and Smartslp Tool

Statistics from the web portal marketcap.cash shows a large number of Smartbch or SEP20-based tokens gathering fiat value. The top SEP20 token of course is wrapped BCH, but there are many others like coin flexusd (FLEXUSD), green ben (EBEN), tango (TANGO), mist (MIST), and law (LAW).

Greenben (EBEN) is the third-largest market cap today with $16 million in USD value. Other top SEP20 tokens by market valuation include Smartbch coins such as celery, flex coin, cash cats, and joystick.club. There is also a large swathe of SEP20 tokens that were once very popular Simple Ledger Protocol (SLP) tokens represented in the list.

For instance, old SLP cryptocurrencies like spice, joy, and honk have migrated over to the SEP20 standard. In addition to the old SLP tokens transitioning, developers stemming from fountainhead.cash created a web3 interface that lets users create Smartslp tokens.

“Smartslp are simple SEP20 (Smartbch’s version of SEP20) tokens that have the ability for the creator to mint new tokens (and end the ability to issue new tokens) and for users to burn tokens,” the fountainhead.cash developers detail. “They also have a predictable supply mechanism (they are created with X tokens off the bat), whereas SEP20 does not specify a supply mechanism.” The fountainhead.cash engineers further state:

For tokens that do not need advanced smart contract capability, creating a token using Smartslp is likely all you need to do to start. Smartslp tokens also allow for the inclusion of documentUri’s, which makes it easy to notarize something. Smartslp is built on top of Smartbch.

Bitcoin Cash Community Introduced to a New NFT Marketplace Called Oasis

The Smartbch community is not only seeing a number of defi protocols, but the technology is moving toward non-fungible token (NFT) assets as well.

Individuals and teams have been launching NFT collections and there’s a new Smartbch NFT marketplace called oasis.cash. The social media platform Twitter also has numerous posts showing off new Smartbch-based NFT collections, art, and collectibles.

Tags in this story1bch.com, BCH, Benswap, bitcoin cash BCH, dApps, DeFi, defillama.com, Ethereum, Ethereum (ETH), EVM, Flexusd, Honk, joy, marketcap.cash, Mistswap, Moeing, MoeingEVM, Muesliswap, NFTs, Oasis, oasis.cash, SEP20 Tokens, sidechain, Smart Bitcoin Cash, Smart Contracts, Smartbch, Smartbch website, Smartslp, Spice, Tangoswap, Web3

What do you think about the recent growth of the Smartbch universe? Let us know what you think about this subject in the comments section below.

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Key executives are set to be in the hot-seat when Congresswoman Maxine Waters (D-CA) Chairman of the House Committee on Financial Services chairs a hearing entitled: Digital Assets and the Future of Finance: Understanding the Challenges and Benefits of Financial Innovation in the United States.”  

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FTX has released a set of ten guiding principles to be used when drafting regulations on the crypto market. This follows an announcement made by Maxine Waters, chair of the House Committee on Financial Services, that executives from heavy-hitting crypto firms in the United States will be required at a hearing to discuss digital assets and the future of finance. The invited executives include FTX’s own Sam Bankman-Fried, Bitfury’s CEO Brian Brooks, Chad Cascarilla of Paxos, Denelle Dixon, chief executive of Stellar Development Foundation, and Alesia Haas, CEO of Coinbase Inc. The hearing is set to be held on Wednesday, Dec. 8, 2021.

FTX Proposals & Observations On Crypto Regulation

The blog post highlights the fragmented nature of securities and commodities regulation in the United States, where the SEC is responsible for regulating the cash securities marketplace, and the CFTC is the regulator of the commodity derivatives marketplaces, with a further regulatory distinction between security spot markets, where the SEC has regulatory oversight, and a commodity spot market, where the state has regulatory oversight. FTX proposes a unified rulebook that contains regulatory mandates for crypto spot trading and crypto derivatives trading, one risk program, and one technology stack. If there are two incumbent regulators, they propose that a crypto firm choose one of those players as a regulatory watchdog to oversee daily activities, and the other can have visibility into the firm’s operation without having jurisdiction over day-to-day activities.

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FTX proposes that any regulations should address the pressing regulatory concerns, including customer protection, market integrity (i.e. no manipulation), crime prevention, and system safety and soundness, irrespective of the market structure.

Regarding disclosure requirements, FTX proposes that information around wallet architecture, insurance availability from the wallet custodian, private key management, fraud management, and security of data centers be disclosed to regulators.

The issuance of tokens by a platform should be governed by policies and procedures that outline and go in-depth on the listing standards of tokens, and should a token have only a few properties of a security, the crypto platform should disclose such information, or direct platform users to third-party sources of information.

FTX believes that standards and policies surrounding market surveillance for traditional markets should apply to crypto as well, and that supervisors be allowed to access transaction information via an Application Programming Interface (API), instead of via a third party.

Concerning customer protections, FTX proposes a light regulatory framework where crypto entities would develop and disclose policies to protect customers, and the customers could then choose where to take their business. A proposed secondary framework could be more detailed, mirroring procedures employed by traditional financial institutions. The important thing is that the crypto firm provides these services, instead of an intermediary. A platform provider should ensure that customers have multiple ways to access real-time information about their funds.

A platform using stable coins for the settlement of transactions must be transparent as to the standards for selecting the appropriate stablecoin. Market regulators have recently mandated comprehensive cybersecurity regulations for market infrastructure providers, which crypto platforms can adhere to, or develop and disclose its own policies and procedures.

Lastly, FTX is onboard with the notions of incorporating Know-Your-Customer policies, and of user activity surveillance to prevent money laundering. Platforms should conduct self-audits and should be subject to regulatory audits as well.

Ms. Waters Convenes Key Fintech Hearings

Ms. Waters has held multiple hearings regarding aspects of cryptocurrencies. In July 2019, she held a hearing to scrutinize Facebook’s proposed cryptocurrency with David Marcus. In Sep. 2020, she convened a hearing with Facebook chairman and CEO Mark Zuckerberg on Facebook’s impact on the financial sector. In June 2021, she held a task force on the implications of a U.S. Central Bank Digital Currency.

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Bahamian-based cryptocurrency exchange FTX released a list of principles and proposals to help policymakers build the regulatory framework. The policy recommends the market-structure choices made by several leading crypto exchanges and suggests its implementation across all jurisdictions. 

FTX shared the “FTX’s Key Principles for Market Regulation” blog after Maxine Waters, the chair of the House Committee on Financial Services, invited several CEOs of major crypto firms to testify on the topic of digital assets and the future of finance.

Out of the 10 key principles, one of the recommendations calls for an alternative regulatory approach that proposes a unified regulatory regime for spot and derivatives marketplaces. According to the blog:

“The regulatory label on a given product or market need not change the core goals of regulation, and the same rulesets should generally apply across all markets.”

FTX also explains the need for a direct membership market structure, i.e, allowing entities to perform regulated trades without the involvement of a third party. The exchange also suggests a regulation demanding greater transparency around the custodians of crypto assets, arguing that the platform “users should be given visibility” into how custodial services plan to address concerns related to fraud and theft.

The blog further demands frameworks for reporting transactional activity to avoid market manipulation and ensure customer protection. FTX also pointed out the need for regulating stablecoin issuance:

“A platform operator that permits the use of stable coins for settlement of transactions should be required to explain the standards the platform operator uses in deciding which stable coins it permits for such purposes.”

Related: KYC tools can minimize hassle for US crypto market, FTX CEO says

In August, FTX CEO Sam Bankman-Fried announced the exchange’s proactive measures to streamline its Know Your Customer (KYC) operations.

Citing the importance of KYC tools for cryptocurrency’s mainstream adoption, Bankman-Fried inaugurated a new feature on FTX that confirms a user’s jurisdiction based on their registered phone number:

“We check users’ phone numbers against their submitted names in KYC1, in order to further verify them. When this doesn’t work or there isn’t data, we’ll require KYC2 to access some features of the site, including futures.”

FixedFloat is an automated swap service where users can exchange one cryptocurrency for another without needing to hand over personal information. FixedFloat isn’t a broker or custodian, and they don’t hold assets on behalf of clients. Instead, it offers lightning-fast transactions while preserving the anonymity and privacy of the user.

Users of the platform can simply enter their wallet address and select the 2 cryptocurrencies they’d like to exchange. If you want to convert Bitcoin into Litecoin, simply select Bitcoin and the amount you wish to exchange under the ‘Send’ tab and Litecoin under the ‘Receive’ tab. Enter your Bitcoin wallet address (or use the QR code) and pick a fixed rate or floating rate.

The fixed-rate sets the price of your cryptocurrency for a certain amount of time so the price you see is the price you get when the transaction is completed. The main thing is that the transaction appears in the mempool within 10 minutes and before that the market rate has not changed by more than 1.2%. Otherwise, you will be offered a choice: continue the exchange at the market rate at the time of the choice, or make a refund.

The floating rate option has a lower commission, but you don’t receive a final price until the transaction is confirmed (which could mean getting less than anticipated, although you might get more if the rate changes for the better for you). As soon as your transaction receives the required number of confirmations, your new cryptocurrency will be added directly to your wallet without the need to provide a name, address or other personal information.

FixedFloat Customer Service

Cryptocurrency exchanges aren’t exactly known for exemplary customer service. One of the big drawbacks in the eyes of many investors is the every-man-for-himself feel of the cryptocurrency space.

Fortunately, FixedFloat doesn’t leave its users hanging with nebulous communication avenues. Users of the exchange can reach out to the FixedFloat team via telegram, email or social media. Additionally, it has one of the most necessary features of any broker or exchange operating in the year 2021: a live chat option for customer support. And it’s available 24 hours a day, 7 days a week.

FixedFloat Pricing

Cryptocurrency transaction fees can vary greatly. Network congestion, the amount of capital in the transaction and the location of the user are all factors that can affect the price of an exchange. 

Unfortunately, predicting these transaction costs can be difficult, if not outright impossible. Plus, you may not have the choice of waiting until network congestion lightens and fees come down. FixedFloat attempts to be as transparent as possible when it comes to fees on its end, offering 2 different ways to pay for your order: the fixed-rate and the floating rate (you can see where they got their moniker from).

The fixed-rate applies a 1% fee to all transactions that is locked in at the time of the order. When the transaction is initiated, FixedFloat sets the rate for 10 minutes and transactions are processed at that price. For example, if you were attempting to exchange ether to BTC and BTC was $61,434 at the time of initiation, that’s the price you’d receive when the BTC eventually makes its way to your wallet. 

FixedFloat also has a 0.5% floating rate option. In this tier, transactions are initiated the same way as they would in a fixed rate exchange, but the rate isn’t set at the time of initiation. In our above example, the BTC received would be at the price when the final confirmation of the order was reached, meaning the block was entered into the chain and confirmed as legitimate. 

This final price could be higher or lower than the price at the time of initiation, so users must be prepared for slippage when making a floating rate exchange. Users should also be aware of network fees, which are in addition to the 0.5% or 1% commission. Network fees are the rewards given to miners for processing transactions and are not set by FixedFloat.

FixedFloat User Benefits

Simplification is the goal of FixedFloat, so if you’re looking for extra bells and whistles as perks, you’re going to be disappointed. There aren’t any contests with prizes, giveaways or freebies like you may find at other cryptocurrency exchanges. However, FixedFloat does deliver on its promises: speed, privacy and ease of use.

The platform itself is easy to understand and use. There’s no learning curve — simply enter the wallet address, select the cryptocurrency you wish to exchange and choose the floating or fixed rate option. Transactions are processed rapidly and usually are completed within 30 minutes.

Orders can also be tracked to ensure processing. Users can enter their email address (and only their email address) in order to track their transaction or use the FixedFloat website if browser cookies are enabled. And of course, the transaction can be tracked on the digital blockchain ledger. 

Additional perks for users include an informative blog with how-to articles on converting different cryptocurrencies, as well as guides on how individual coins function. Plus, the 24/7 chat support provides peace of mind not usually found in the crypto space.

FixedFloat User Experience

The site is simple, sleek and intuitive. Transactions can be entered and processed with very little hassle, and there’s no registration or sign-up process to slow things down. Select the type of cryptocurrency you wish to receive, the type you plan to exchange, and your preferred fee structure (fixed vs floating). Transactions typically take less than 30 minutes, and some are completed in under 10 minutes.

More tech-savvy cryptocurrency users can utilize the API features to create completely automated transactions. A completely hands-off way to create custom cryptocurrency trading strategies, the API can be easily set up and adjusted (with help from the 24/7 customer support if needed). 

Overall, the user experience at FixedFloat is one of convenience and efficiency. Your transactions process quickly, there’s no registration to bog things down and your fees are transparent and fair.

FixedFloat vs. Competitors Read ReviewBest ForNon-U.S. Residents get started

FixedFloat offers quite a few features that competitors will struggle to match, namely:

Fully-automated cryptocurrency exchangeFast and anonymous service24/7 live chat supportNo mandatory registration or personal information required

Unlike the competition, FixedFloat is easy, affordable and (most importantly) completely private. If you want to make exchanges without divulging your personal info to a third party, consider FixedFloat.

FixedFloat Overall

FixedFloat isn’t fancy or robust, nor does it pretend to be. You won’t find any deals, contests or added perks, but you will find a simple, fast, and efficient service for exchanging cryptocurrencies in a completely private fashion. FixedFloat has fair pricing with no hidden fees and reliable customer service channels for solving user problems. 

The API features allow automated trading programs to be designed, and the anonymity offered is something you won’t find at many mainstream crypto exchanges. The only thing keeping FixedFloat from a five star rating is the lack of access for U.S. residents, but that could change in the future as regulation heats up in the U.S. crypto market.

FixedFloat TutorialFrequently Asked QuestionsQWhat is FixedFloat?1What is FixedFloat?asked Dan SchmidtA1

FixedFloat is a service that allows cryptocurrency users to trade 1 coin for another without a custodian. Since no wallet or custodial service is provided, transactions are made anonymously and users preserve complete privacy.

Answer Link answered Benzinga QHow do you use FixedFloat?1How do you use FixedFloat?asked Dan SchmidtA1

If FixedFloat is available in your country, you can enter the digital asset you wish to send, the one you wish to receive, and your wallet address into the exchange page. Select fixed or floating rate depending on your preferences and initiate your exchange. Just send the transaction to the address specified in the order, wait until the required number of confirmations is received and immediately receive a new cryptocurrency.

Answer Link answered Benzinga

2021 was when Bitcoin recorded the most gains in terms of adoption. The primary cryptocurrency has evolved from being used solely for speculative purposes, and it has found its way into the funds of major institutional players.

Despite the volatility that Bitcoin’s price undergoes, some Wall Street banks have announced plans to consider the use of Bitcoin as collateral for loan applications. Moreover, these financial institutions are also looking towards crypto derivatives.

Goldman Sachs considering adopting Bitcoin for loan collateral

Goldman Sachs is taking the lead position among the major financial institutions considering the use of Bitcoin as an asset class that can be used to guarantee loans by working as collateral.

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According to an inside source with knowledge of the matter, the banking institution is currently seeking approval to offer institutional lending using Bitcoin. If such an approval happens, it could be a major turning point for the use of Bitcoin in the investment and financial sectors.

However, Sachs is not the only financial institution considering the use of Bitcoin for this purpose. Other major financial players such as Silvergate and Signature are also planning on launching crypto-backed loans.

Bitcoin in the mainstream financial system

The idea of incorporating Bitcoin into the mainstream financial systems stems from recent remarks made by the chief of the Comptroller of Currency (OCC), Brian Brooks. Brooks stated that Bitcoin was the same as fiat currency, and banks needed to find a safe way of preserving it.

Many financial institutions are currently looking for ways to add Bitcoin offerings into their services. This comes as regulators in the US struggle with ways to regulate the cryptocurrency sector.

Coinbase, a leading exchange in the US, is currently looking for partnerships with US banks to offer Bitcoin-backed lending services.

The current adoption of cryptocurrencies by banking institutions has come from the increased demand by customers. While some banks only allow their customers to invest in funds that give them crypto exposure, others have launched direct Bitcoin products. However, most of these banking institutions have set the limit for crypto investing to professional investors.

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How to buy cryptocurrenciesHow to buy bitcoinAli RazaPRO INVESTORadministrator

A journalist, with experience in web journalism and marketing. Ali holds a master's degree in finance and enjoys writing about cryptocurrencies and fintech. Ali’s work has been published on a number of cryptocurrency publications.

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Brian Armstrong, co-founder and chief executive of Coinbase, said he is bullish on the crypto exchange’s institutional business which has been growing really well.

Brian Armstrong, Coinbase

Armstrong was interviewed by Fred Wilson, partner of Union Square Ventures and lead independent director of Coinbase, at the JP Morgan Crypto Economy Forum on 30 November.

Armstrong said: “Our institutional business has been growing really well which I’m happy about.”

Coinbase initially addressed the institutional market by offering custody for crypto assets and then launched prime brokerage in the middle of the third quarter of this year. Coinbase Prime combines advanced trading, custody, analytics, and financing and has a smart order router.

“Clients call us up who want to do $1bn-plus in trading with best execution and pricing that doesn’t move the market,” Armstrong added. “We can help fan out those orders to every exchange out there over a period of a week or however long it takes.”

Armstrong continued that institutional clients want Coinbase to support more assets and yield generation with staking.

“We have provided post-trade settlement and margin. So that’s the set of features that are being built out and it’s a big investment for us,” he said. “I’m really bullish on our institutional business.”

Coinbase said in its shareholder letter for the third quarter results this year that clients including Pimco and Marex Solutions either began or continued their journey into the crypto economy with the firm, while enterprises such as Prosegur formed partnerships to use infrastructure products and services.

UPDATE: Q3 financial results are in

Check out our shareholder letter, which includes Q3 financial results, and a quick recap below.

Shareholder letter 👉https://t.co/wtfNeyIu9O pic.twitter.com/Gnp4liC0sH

— Coinbase (@coinbase) November 9, 2021

Institutional trading volume was $234bn in the third quarter, a decline of 26% from the second quarter, and nearly three quarters,  72%, of total trading volume. Coinbase said the decline in institutional trading volumes was driven by lower volatility.

Institutional transaction revenue was $67.7m in the third quarter, down 34% compared to the second quarter.

Alesia Haas, chief financial officer of Coinbase, said on the third quarter results call that the vast majority of the volume is from market makers for both retail and institutional users. She continued that growth is coming from the the brokerage side as Coinbase can offer best execution via its smart order router.

“We’re seeing new hedge funds come in, we’re seeing new corporates come in, we’re seeing new all sorts of asset managers make an allocation to crypto,” she added.

Source: Coinbase

In the third quarter verified users grew to 73 million and retail monthly transacting users (MTUs) were 7.4 million. Coinbase generated $1.2bn in net revenue, marking the third consecutive quarter of more than $1bn in net revenue.

Armstrong described Coinbase as a crypto company, rather than a financial services company or a technology company.

“We are connecting into the traditional financial system,” he said. “We’re helping bridge that gap between fiat money and crypto as we are regulated as a financial service.”

DeFi

He explained that although people think of Coinbase as a centralised exchange, the firm is aiming to become the primary financial account of crypto economy where customers can store assets, trade, lend and transact other services.

“Coinbase is going to embrace DeFi as we we think that’s a very important trend,” said Armstrong. “You’re going to see DeFi products and services surfaced within Coinbase app, either as third -party apps or more first-party apps and interfaces.”

DeFi, or decentralised finance, lets customers recreate some traditional financial services in a decentralised way on a blockchain using smart contracts – such as lending their assets.

Armstrong continued that most of the interesting developments in  DeFi and non-fungible tokens (NFTs) will be through self custodial wallets.

Coinbase Custody was launched in 2018 and Armstrong said it now stores $255bn of crypto, approximately 10% of all crypto in the world.

He added: “That’s a great indication of trust that people have in centralised custody, especially our institutional customers who really want a qualified custodian.”

Unlock the world of crypto on desktop!

The latest update for Coinbase Wallet extension brings full standalone functionality. Browse dapps, trade thousands of assets on decentralized exchanges (DEXes), earn with DeFi and staking, and collect NFTs.

👉 https://t.co/STeJso5BJL pic.twitter.com/hIm8DuTC7n

— Coinbase (@coinbase) November 8, 2021

It is also possible to build wallets that are self custodial. Armstrong explained if a firm is not storing customer funds they are regulated as a software company, rather than a financial service business.

Unbound Security

On 30 November Coinbase announced the acquisition of Unbound Security.

Today we’re announcing the acquisition of one of the world's most sophisticated security companies and its team. Joining forces with @UnboundSecurity will enable us to provide the highest levels of security in a way that’s simultaneously frictionless, yet virtually impenetrable. pic.twitter.com/uamjSG4zqg

— Coinbase (@coinbase) November 30, 2021

Coinbase said in a blog: “Crypto can’t grow without strong cryptography and strong security, but it also needs to be user friendly. Secure multi-party computation (MPC) is an application of advanced mathematics to enable crypto assets to be stored, transferred and deployed more securely, easily and flexibly than ever before.”

Threat vectors and complexities for participants to safely manage their crypto private keys are growing exponentially with the cryptoeconomy.

“Technologies such as MPC will enable these groundbreaking use cases to come to life safely, securely and in a way that’s user friendly,” added Coinbase. “Over time MPC capabilities will enable new features across our consumer, institutional and cloud products to participate in the cryptoeconomy.”

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This week, cryptocurrency markets continue to struggle as Bitcoin and Ethereum test current support levels. With the meme coin hype in November over, Metaverse coins continue to see incredible price gains. Today we will be looking at the top 5 Metaverse coins gaining the most price, ordered by price gain, lowest to highest.Torum (XTM) – $1.89 (+4.45%)

Torum is a DeFi and NFT platform that describes itself as a revolutionary SocialFi Metaverse ecosystem designed to connect cryptocurrency users worldwide. Think of Torum as a comprehensive and scalable crypto social media platform that features an immersive Metaverse.

Torum is currently trading at $1.87, up 4.45% in the past 24 hours. XTM has a relatively small market cap of $78 million, with a 24-hour trading volume of $10 million.

You can purchase Torum on KuCoin, Uniswap, PancakeSwap, and more.

The Sandbox is one of the leaders in the crypto Metaverse space. SAND features a Minecraft-like Metaverse that allows players to visit different islands, complete quests, and even monetize their islands. We recently covered SAND’s Alpha Launch and were highly impressed with the smoothness and design of the game.

At the time of writing, The Sandbox is trading at $6.41, up 5% in the past 24 hours. SAND has a market cap of $5.8 billion with a 24-hour trading volume of $2.4 billion.

You can purchase SAND on major exchanges like Binance, Huobi Global, KuCoin, Gate.io, and more.

PlayDapp’s vision is to create a world where digital assets are more valuable and accessible to everyone. According to their official description:

“Gamers will not only be able to take true ownership of their in-game assets for the first time but, will also be able to earn rewards for ecosystem participation.”

PlayDapp is a dApp game portal that provides a C2C (customer to customer) Marketplace. The marketplace manages everything from NFT-fying items on the blockchain, to providing data indicators and analytics for the NFTs. PlayDapp features Interoperable NFts that allow for easy creation of Play-to-Earn games.

PlayDapp is trading at $2.34, up 10.24% in the past 24 hours at the time of writing. PLA has a market cap of $563 million with a 24-hour trading volume of $283 million.

Wilder World is an immersive 5D Metaverse built on top of Ethereum. It features a fully functional Metaverse market that allows users to purchase various items such as cars, sneakers, buildings, and much more.

Wilder World aims to be the first genuinely liquid, decentralized, and community-led NFT marketplace. WILD is the native token to the Wilder World ecosystem and interacts with their marketplace and governs the Wilder DAO.

At the time of writing, Wilder World is trading at $6.13, up 11% in the past 24-hours. WILD has a total market cap of $451 million with a 24-hour trading volume of $18.3 million.

You can purchase WILD on KuCoin, Gate.io, Uniswap, and more.

RMRK is a collection of NFT legos that enable creators to build a system of arbitrary complexity. It’s a multi-chain blockchain that allows artists to customize their NFTs with relative ease.

RMRK is hosted on the Kusama blockchain, a scalable network of specialized blockchains built using Substrate.

At the time of writing, RMRK is trading at $52.95, up 25% in the past 24 hours. Its market cap is $500 million with a relatively low 24-hour trading volume of $33 million.

You can purchase RMRS on KuCoin or Gate.io.

Disclosure: This is not trading or investment advice. Always do your research before buying any cryptocurrency.

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Tags Metaverse

Grubhub, an American online food delivery platform, has come up with an exciting new way to engage its users. The company has partnered with Bitcoin rewards company Lolli to allow its users to earn Bitcoin (BTC) on every order.

Integrating crypto into a simple routine activity – like ordering food online, is yet another effort at driving crypto adoption.

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Lolli has partnered with many companies in various sectors to offer customers BTC rewards.

Serving Bitcoin With Food

In a Wednesday announcement, Lolli said that Grubhub customers will earn $5 in BTC on their first order. Subsequently, they would get $1 in BTC on other food orders using the platform’s extension. Before users can enjoy this benefit, they must activate Lolli on web or mobile before placing an order at Grubhub. And after a user earns up to $15, or roughly 0.00026 BTC at the current price of $56,902, they would be able to transfer it to their own virtual wallet.

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BTC trading at $56.9K | Source: BTCUSD on TradingView.com

CEO and Co-founder of Lolli Alex Adelman explained that Lolli’s mission is to integrate bitcoin into aspects of everyday life.

“Food delivery is a ritual for many and bitcoin rewards make bitcoin a part of that ritual. Giving users bitcoin rewards on every Grubhub order is an incredible milestone for bitcoin adoption, making earning BTC easier and more accessible than ever,” he said.

Grubhub’s Director of Growth Marketing, Bridget Scanlan, also expressed her pleasure with the partnership. For Grubhub, it is yet another way to reward its diners.

Last month, the company announced a new innovative food-delivery method to its University of Arizona customers. It now uses delivery robots known as rovers to deliver all orders from on-campus dining locations.

Related Reading | Croatia’s Largest Supermarket Chain Rolls Out Bitcoin Payments

Lolli is, however, not the first – nor will it be the last – company in the food industry to integrate crypto into its products. Just last month, fast-food chain Burger King, in partnership with Robinhood, gave its customers crypto prizes. Members of its Royal Perks loyalty program got to earn BTC, Ethereum (ETH), and Dogecoin (DOGE) after spending $5 or more at the fast-food chain.

Lolli Steadily Pushing Crypto Adoption

According to Lolli, it is the first bitcoin rewards application that allows people to shop online and earn BTC. The company has teamed up with over 1000 top brands and merchants, including Microsoft, Kroger, Sephora, and Macy’s, to offer customers BTC rewards.

Lolli believes that bitcoin is a “global alternative currency and universal store of value and wants to share it with the world.”

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