Cryptounity.news

Khaby Lame is a Senegalese social media personality based in Italy. He is known for his TikTok videos in which he silently mocks overly complicated life hack videos. As of June 2022, Lame is the most-followed TikToker he has partnered with Binance to sermonize crypto life. Binance has collaborated with Khaby Lame is now Binance exchange Global brand ambassador. Read full news at :  https://cryptounity.news/khaby-lame-is-now-brand-ambassador-of-binance

  E-commerce giant eBay has filed a trademark application including products and services related to NFT and Metaverse. eBay inc filed a trademark with the United States Patent and Trademark Office including NFT and Metaverse. A UPSTO licensed trademark attorney Mike Kondoudis tweeted Tuesday that eBay inc is coming to the Metaverse he explained that the fillings indicate the e-Commerce giant's plans for virtual good marketplace online retail stores with actual and virtual goods, NFTs exchanges, and NFT trading The serial numbers of application is 97473620 and 97473696 Read full news at:  http://cryptounity.news/e-commerce-giant-ebay-files-trademark-applications-to-cover-metaverse-nft-services

  Michael Saylor Buys the Dip MicroStrategy adds $10M worth of $20.8K Saylor took it to Twitter on June 29 to outline the latest purchase made by his company This one worth $10 million secured the NASDAQ listed firm 480 bitcoins. The average price of the transaction was $20.817 MicroStrategy's total BTC holding has grown to 129,664 Read full news at:  http://cryptounity.news/microstrategy-has-purchased-an-additional-480-bitcoins-worth-of-10-million

  StarkNet is not yet natively compatible with MetaMask because it uses a different address and account structure than Ethereum this is not EVM compatible with the first-ever Layer 2 snap that makes ZK rollup compatible users now have better access to a permissionless decentralized network for quick cheap applications. We made a StarkNet dApp that lets users install the snap as well manage and add tokens that are based on StarkNet snap lets you manage StarkNet assets by making StarkNet keys from your MetaMask secret Recovery Phrase without having access to your MetaMask information. Read full news at:  http://cryptounity.news/starkware-is-built-into-a-unique-zk-rollup-snap-by-metamask

  The Sandbox, an open-world sandbox game made by Pixowl has declared that LAND is coming to Polygon via Polygon Bridge the goal of this deployment is to make the Polygon and Ethereum blockchain work better together. Now we're ready to send LAND to @0xPolygon for each LAND you cross, you get 10mSAND both of the mSAND staking programs now have land multipliers. you will be able to buy land and stake it on Polygon. Read Full News At: http://cryptounity.news/sandbox-has-added-land-to-a-polygon

The Polkadot network will launch the Gov2 on Kusama Chain after a final professional audit of its code. Polkadot creator Gavin Wood revealed the next generation of governance for the DOT ecosystem after the V2 is tested on Kusama a proposal will be made for the Polkadot network to vote on. The new governance system does not intend to break from the original tenet, where 50% of the total stake in the system should be able ultimately to direct the system's future also does not detach from the Conviction Voting introduced in Polkadot that aims to provide further weight to users willing to look their tokens into the system for longer. “Where it differs most is how it manages the practical means of day-to-day decision-making, making the repercussions of referenda better scoped and agile in order to dramatically increase the number of collective decisions the system is able to take. Let’s look a little deeper into how it works.” Read full news at: http://cryptounity.news/polkadot-unvei

  The prominent rap stars Eminem and Snoop Dogg released a new music video that showcases the Bored Ape Yacht Club (BAYC) NFT collection.  The creators of Bored Ape Yacht Club, Yuga Labs grant its NFT holders the right to commercialize their owned images. So once you've purchased a Bored Ape NFTs you can use it as you like.  Snoop Dogg is a prominent name in the NFTs space he has worked with projects like Sandbox and Clay Nation, Snoop Dogg owns Bored Ape Yacht Club NFTs and is set to open a Bored Ape NFT-themed desert restaurant. Eminem has also acquired Bored Ape NFT The Eminem and Snoop Dogg music video has been trending on YouTube, the YouTube video has achieved 8.85 million views. The official music video for the "From the D2 the LBC" single highlights the popular BAYC Related:   http://cryptounity.news/snoop-dogg-eminem-have-released-a-new-music-video-featuring-bored-ape-yacht-club

  On Monday Crypto.com removed 15 altcoins including Dogecoin and Shiba Inu from its crypto Earn program.  Also revised the interest rates of 5 Stablecoin and added three new coins to the reward program.  Crypto Earn program the company offers up to 10% on Stablecoin and up to 14.5% on cryptocurrencies deposits, it provides support for over 40 assets.  “Existing fixed-term allocations for these tokens will remain unchanged and continue until the term ends. Funds from any active flexible-term allocations for the tokens listed above will be automatically returned to users’ Crypto Wallet by 28 June 2022, 10:00 UTC,” Crypto.com said in an announcement.   Other crypto coins that were removed from its Earn program are Tezos, Maker, Flow, Kyber Network Crystal v2, EOS, OMG Network, ICON, Compound, Gas, Stratis, and Bancor, Beey Finance, Ontology Gas. The crypto trading platform added three new coins Zilliqa, Fantom, and NEAR to the Crypto earn rewards program,  “Users can now enjoy rewards ra

  The HTC Desire 22 Pro comes with Viverse apps to enable the metaverse and manage your crypto and NFTs functionality. HTC Smartphone provides manage your metaverse content including crypto and NFTs, as well Viverse apps lets you buy NFTs in a digital marketplace and create your own Virtual space. Previous HTC crypto phones the Desire 22 Pro comes with an in-built crypto wallet for Ethereum and Polygon-based asset option. HTC Smartphone is optimized to work alongside HTC's lightweight Vive Flow VR Headset with HDCP 2.2 connectivity enabling you to wirelessly mirror content to the VR headset while a Vive Manager app also lets you set up and manage your VR hardware. HTC mobile opens new immersive experiences as the perfect partner for Vive Flow whether it's meeting colleagues in VR or enjoying your private cinema anywhere anytime. Said Shen Ye, Global Head of Product at HTC in a statement Read full news at:  https://cryptounity.news/the-htc-desire-22-pro-comes-preloaded-with-meta

  A TDS deduction on all virtual digital asset transactions of 1 % was announced in Union Budget 2022 - 2023 by Finance Minister Nirmala Sitharaman After announcing a  30 % tax on crypto payments in India  2022 - 2023 in Union Budget. Cryptocurrency transactions are set to attract extra tax deducted at a source of 1 % starting from 1 July 2022 The TDS deduction will apply to all virtual digital asset transfers including  cryptocurrencies  and  NFT  over 10,000 INR in the newly introduced clause 47 A of the Income  Tax Act . VDA is defined as any information code, number, or token except Indian or any other foreign currency that is generated through cryptographic or other means NFT or any other related token are included in this act. Furthermore, ambiguity over the rates arose after the income  tax  department website mentioned that the rate for virtual digital assets has been brought down to 0.1% from the  1 % TDS on crypto assets .  Read full news at:  https://cryptounity.news/finance

 Crypto.com has recently announced the integration of Apple Pay into its application and website Apple does not support the crypto payment directly but users of Crypto.com shall be given an option to make the in-app purchase.  These purchases can be performed with the help of both credit and debit cards via ApplePay through this new development the exchange shall enhance and boost user experience.  Apple Pay will help facilitate a seamless and secure payment method that could be used on the exchange platform to purchase cryptocurrencies.  The exchange specifically was onboard with the decision to incorporate this feature for its customers as it could make transactions convenient but would also ensure that the security is not compromised also, the user that owns Apple Card as their payment method while buying crypto will be eligible to receive 2% in Daily Cash on their purchase. Crypto.com wants its users to be able to deposit their funds easily using ApplePay. The exchange also is alw

  India's largest crypto exchange by value CoinDCX has extended the withdrawal restrictions that have been in place since May 13 until further notice. it said these extreme steps are necessary to implement enhanced compliance and risk frameworks.  After investors took to social media to express their frustration over the pausing of withdrawals at CoinDCX, the company put out a statement where it mentioned new compliance measures being taken as the reason for the suspension of deposits and withdrawals. Ramalingam S head of Brand Marketing and Communications at CoinDCX tweeted while some wallets are under maintenance there is a more significant compliance requirement due to evolving regulatory needs resulting in increased scrutiny. The new process is being rolled out in phases and will reach all users in due course. Until then, I Request your support.  CoinDCX  raised $135 million in funding in April at a valuation of $2.15 billion led by Steadview and Pantera.  On May 13 the crypto

  The Horizon bridge linking with Harmony a Layer 1 PoS blockchain built for native token ONE to the Ethereum and Binance Chain ecosystem was hacked leading to a loss of approx $100 million in ETH. The exploit was announced on Twitter by the Harmony team who said that they are pursuing the culprit. The bridge has since been shut down to stop further losses. Harmony devs have also explained that the BTC bridge is unaffected.  The attack appears to have taken place for 17 hours. starting with a transaction worth a whopping 4.919 ETH followed by several smaller transactions ranging from 911 to 0.0003 ETH. The last one took place after the bridge had been shut down. Read full news at:  http://cryptounity.news/harmony-bridge-hacked-100-million-worth-of-ethereum-lost

  Cristiano Ronaldo declared the idea of bringing new experiences to his fans through NFTs.  Football superstar Cristiano Ronaldo has signed an NFT, Web3 partnership with  Binance . The partnership aims to introduce soccer fans to the Web3 ecosystem through global NFT campaigns.  Binance noted that the agreement involves creating a series of NFT collections with Ronaldo  Changpeng Zhao the CEO and founder of Binance write about Ronaldo's achievement in soccer and mentioned that the athlete has "transcended sport to become an icon in multiple industries"  Zhao also said that: “He has amassed one of the world’s most dedicated fan bases through his authenticity, talent and charity work.” Zhao announced the Binance team is excited to give Ronaldo fans exclusive engagement opportunities to connect with Ronaldo as they own pieces of the NFT collections. The soccer also commented on the upcoming NFT drops and said that fans will surely enjoy them  Read full news at:  http://cryp

  Solana is going deep into mobile territory with a new Web3 developer kit and the upcoming launch is a flagship smartphone On June 23 the CEO of Solana Labs, Anatoly Yakovenko declared in New York the launch of a software development kit for Web3 programs called “Solana Mobile Stack” as well as the delivery date of its new crypto phone. According to Yackovenko, Solana’s new smartphone will cost approx $1000 and will be available for purchase early next year. The phone’s flagship specs will put it on par with the big brands in the industry it will have a Snapdragon 8+ Gen 1 processor a 6.67 OLED display, 12 GB of RAM, and 512 GB of storage. The Smartphone will feature a Web3 decentralized app store, a mobile wallet called “Solana Pay” created to facilitate transactions via QR codes, and a “seed vailt” that will securely store the phone’s private keys. Solana Labs is accepting $100 deposits from anyone who wants to participate in the Pre-sale. Those interested will receive an NFT pass v

  Binance US announced a new pricing model that offers zero fees for four bitcoin trading pairs, including BTC/USD, BTC/USDT, BTC/USDC, and BTC/BUSD. The crypto giant becomes the first American exchange that makes such a service available to its users. Binance US  CEO brian Shroder is to revolutionize how the industry approaches trading costs and increase accessibility to cryptocurrencies.  Update of this news Coinbase and Robinhood dropped approx 10% and 1%. Their stock prices have been down over 85% and 90% from ATHs.  Binance US prominent competitors both exchanges have announced headcount cuts recently, with Coinbase laying off 18% of their staff and Robinhood trimming their workforce by 9% Binance US announcement comes at a time when the trading volume on exchanges has slid immensely amid a broader market slowdown. The company reportedly said no better time to introduce zero fees than now as the industry struggles to find its way out of the overall bearishness.  Cutting fees for t

  The company enables artists and collectors to create, buy and resell NFTs via blockchain enable transactions. eBay  an eCommerce giant has declared the acquisition KnownOrigin an NFT marketplace that will help the e-Commerce company foray further into the world of blockchain technology and digital collectibles.  Manchester-based KnownOrigin has been purchased for an undisclosed amount. The firm enables artists and collectors to create, buy and resell NFTs via blockchain to enable the transaction. KnownOrgin co-Founder to "empower creators and collectors by giving them the ability to showcase sell and collect unique, authenticated digital items" stating:  "As interest in NFTs continues to grow, we believe now is the perfect time for us to partner with a company that has the reach and experience of eBay." eBay began allowing users to buy and sell NFTs in May of last year, at a time when increasing public interest in digital collectibles resulted in a precipitous pri

  MoonPay partnership with Fox Corporation, Universal Pictures, and Death Row Records to establish a non-fungible token platform. HyperMint will allow companies and people to mint millions of digital collectibles a day by using blockchain technology. CNBC, Ivan Solo Wright CEO of MoonPay announced that HyperMint’s aim is to enable agencies, enterprises, and large brands to join the NFT sector by releasing their digital artwork. “The potential of NFTs goes beyond collecting; it’s the utility. You can essentially program anything into these NFTs over time, which is why we decided to focus on this new product offering. That’s actually making this shift possible; to go beyond collectability and program utility into these NFTs, and there needs to be enterprise-grade tooling,” he commented. Read full news at:  http://cryptounity.news/moonpay-partners-with-fox-universal-pictures-to-introduce-nft-platform

  Fake cryptocurrency exchanges have stolen Indian investors more than INR 1000 Crore as the global crypto market tanks, a new report claimed on Tuesday. Cyber security company CloudSEK said it has uncovered an ongoing operation involving several phishing domains and Android-based fake crypto applications. This campaign entices unwary individuals into a big gambling scam. CloudSEK was approached by a victim who allegedly lost a 50 Lakh INR cryptocurrency scam. also other costs like deposit amount tax etc. Rahul Sasi Founder and CEO of  CloudSEK  “We estimate that threat actors have defrauded victims of up to $238 million via crypto scams” As investors shift their focus on the cryptocurrency markets, scammers and cheats turn their attention to them as well Sasi added: Read full news at:  http://cryptounity.news/indian-investors-have-lost-nearly-1000-crore-to-fake-cryptocurrency-exchanges

  India's telecom giant Airtel is following in the footsteps of MTN to establish a presence in the Metaverse. Bharti Airtel has launched India's first multiplex on the Partynite Metaverse platform as an extension of its Xsteam Premium offering.  Airtel 's Xsteam Premium is an aggregation-based streaming service it collects content from 15 Indian and global video OTT players on a single app, giving customers access to over 10,500 movies, shows, and live channels Within 100 days of its launch the service reached a milestone of 2 million subscribers.  The Xtream multiplex will feature a 20-screen platform that will allow users to access content portfolios of Airtel's OTT partners available on the app. it will support the sampling of original languages or the first episode of an OTT original Viewers will also be able to gain full access by subscribing.  Read full news at:  http://cryptounity.news/airtel-unveils-indias-first-multiplex-in-the-metaverse

  This server error affects so many web3 platforms such as Etherscan, Polygonscan, Solscan, Ignitescan, Uniswap, Coinbase, FTX, Discord, and many other websites. Users are unable to open websites and face server errors. The issue has been arising due to some technical errors with  Cloudflare . However, the issue has been identified and a fix is being implemented said the Cloudfare team. Affected: Etherscan, polygonscan, bscscan, solscan, ignitescan, opensea, ftx, coinbase, discord, uniswap, cointelegraph, cryptounitynews, x2y2, rarity, Coinmarektcap Read full news at:  http://cryptounity.news/massive-cloudflare-outage-causing-several-website-down-including-etherscan-polygonscan-ignitescan-coinbase-and-many-more