Bull Finance Forum

News:

  • Welcome to Bull Finance Forum! Help us grow our community with quality content.
  • Do you have one project and need a community space? Contact us for more info.
  • Track all news about crypto on our news portal.

News

Track all news about crypto on our news portal.

Recent Posts

1
From Exchanges / Building Across Europe
« Last post by Bull Finance on July 01, 2022, 11:54:28 PM »
Building Across Europe

Tl;dr: As we continue to grow our presence in the UK and Europe, we have met with policymakers in the UK, established a regional Centre of Excellence in Ireland, strengthened operations in DACH with our first hire in Switzerland, and are expanding our footprint across additional European markets.
By Nana Murugesan,VP Business Development and International ; Tom Duff Gordon, VP International Policy
At Coinbase, our mission is to promote economic freedom, and we believe the best way to do that is by increasing crypto adoption in the world. That is why international expansion is fundamentally mission-aligned and continues to be a company priority.
As part of our recently announced two-pronged growth strategy, we are driving a concerted effort to strengthen our presence in Europe. This week, Coinbase CEO and Co-Founder, Brian Armstrong, was on the ground with other members of our executive team in London and Dublin and to meet with policymakers, partners, and key journalists. Brian also hosted our first-ever “Live from London” companywide global all hands.
It is great to hear about the UK’s ambitions to become a leading global hub for crypto assets, and we are encouraged by the thoughtful conversations with policymakers on how to turn that aspiration into a reality. The UK is currently the largest international market for Coinbase and we are excited by the momentum there as we look to grow our business.
Yesterday, the EU reached a landmark agreement on the Markets in Crypto Assets Regulation, “MiCA”, delivering the most comprehensive regulatory framework in the world and a single rule-book across 27 countries. This will provide important legal and regulatory certainty to the market, and raise standards across the industry. This is exciting — a harmonized single set of rules for the entire EU will enable us to invest, accelerate, and scale our growth efforts across the entire bloc.
Furthermore, the EU took a major step forward by reaching a sensible deal for implementation of the Travel Rule to tackle financial crimes and the transfer of illicit funds. The agreement takes a risk-based approach to verification requirements for crypto asset transfers to and from Self Hosted Wallets (SHWs). This is crucial for the protection of privacy and the development of Web3, for which SHWs are the gateway.
The EU is setting measured regulatory standards for crypto assets, which should provide renewed impetus for other jurisdictions to reflect on their own approaches to regulation and Travel Rule implementation.
During market downturns, the temptation can be to shy away from international expansion. We first entered the UK and EU during the bear market in 2015, a move that paid off significantly during the bull run a few years from then. We’ll keep building around the world, and doing everything we can to grow the cryptoeconomy.
We’re already on the ground in the UK, Ireland, and Germany. Additionally, we are in the process of expanding in France, Italy, Spain, and the Netherlands. In all of these markets, our goal is to launch the Coinbase suite of retail, institutional, and developer products.
In Switzerland, we are delighted that Peter Hofmann is going to establish our in-market presence, within the Central European build-out that we recently embarked on, spearheaded by DACH Regional Director Sascha Rangoonwala, based in our Germany office.
In Ireland, we established a regional Centre of Excellence (CoE) to drive business outcomes by working closely with regulators and internal teams including PED, Compliance, Legal and Policy. This new team will be led by Lory Kehoe, Head of EMEA, Market Operations.
We are also investing in the development of the crypto ecosystem. Coinbase Ventures, one of the most active corporate VCs by deal count, has invested in close to a dozen companies just in the UK including Euler, a lending protocol, and Qredo, a cross-chain protocol for asset managers and traders active in the digital asset markets. Coinbase Ventures is consistently evaluating investments to add to their portfolio, as well as potential acquisitions.
While markets will always be volatile, we believe the future is bright — and we’re excited to keep building that future with our customers and partners across the region.
Cheers,
Nana & Tom

Building Across Europe was originally published in The Coinbase Blog on Medium, where people are continuing the conversation by highlighting and responding to this story.
Source: Building Across Europe
2
From Exchanges / Introducing our NFT Dapp Starter Kit for Developers
« Last post by Bull Finance on July 01, 2022, 11:54:28 PM »
Introducing our NFT Dapp Starter Kit for Developers

TL;DR: We’re providing developers with an open-source starter kit that can be used to kickstart dapp development for NFT minting sites. Happy building!
By JM Cho, software engineer for Coinbase Wallet
Last year, the NFT market experienced its best year yet — generating over $23 billion in trading volume with a floor market cap of $16.7 billion for the Top 100 NFT collections. With demand growing, NFT minting sites quickly became one of most popular types of dapps built in the crypto space. In comparison to projects launched on marketplaces like OpenSea, custom minting sites offered projects the ability to provide their community with a customized minting experience and retain full control over their distribution timeline and royalties.
For the teams behind these projects, creating an NFT minting site creates an opportunity to showcase their engineering capabilities, share important details about the project, and more deeply engage their community. However, the resulting demand for web3 developers who can ship end-to-end NFT minting experiences has far outpaced the number of resources that can teach how to build these dapps from scratch.
Enter: Coinbase’s NFT Dapp Starter Kit.
https://medium.com/media/c7c0d38a3921a589301f60611a8b6c53/hrefThe NFT Dapp Starter Kit reflects Coinbase’s commitment to empowering developers by making it easier and faster to build for web3. This open-source kit embraces the collaborative nature of web3 by enabling developers of any level to easily launch new NFT projects. Compatible with both the Ethereum Mainnet and EVM-compatible chains, this resource will be particularly helpful for those who want to create a full-stack NFT project but lack experience writing Solidity or integrating a smart contract to a front-end.
Features included in this starter kit:

Frontend web app integrated with a gas-efficient, audited ERC-721 smart contract
Built-in multi-wallet modal to enable users to easily connect to your minting site with Coinbase Wallet or other major self-custody wallets
NFT minting front-end component that allows users to specify mint number
Explorer to view minted collection and tokens owned by connected user
Gas-efficient pre-sale feature using merkle tree allowlists
Token art pre-reveal feature and scripts to make this process seamless
Support for Royalties on NFT transfers (EIP-2981 standard)
Ability to reserve tokens for gifting or airdrops
Art engine to create generative artwork and metadata with built-in examples
Easy-to-run scripts to simplify various NFT contract interactions
Hardhat unit tests to ensure correctness of contract
Clear documentation and walkthrough tutorial of the kit and how to use it

Check out the NFT Dapp Starter Kit on GitHub and watch the video tutorial for instructions on how to start building your dapp. As always, we welcome your feedback or ideas in the Github repository for our team’s consideration and look forward to hearing from the community.
Happy Building!

Introducing our NFT Dapp Starter Kit for Developers was originally published in The Coinbase Blog on Medium, where people are continuing the conversation by highlighting and responding to this story.
Source: Introducing our NFT Dapp Starter Kit for Developers
3
From Crypto Press / Celsius Token Up 65% as Traders Pull Short Squeeze
« Last post by Bull Finance on July 01, 2022, 11:53:59 PM »
Celsius Token Up 65% as Traders Pull Short Squeeze

The crypto lender Celsius CEL token has become the target of a retail-driven short squeeze. #CELShortSqueeze Mania Hits the Market The CEL token is going parabolic. Days after experiencing a...
Source: Celsius Token Up 65% as Traders Pull Short Squeeze
4
From Crypto Press / Which Projects Could Be Affected by 3AC’s Liquidity Crisis?
« Last post by Bull Finance on July 01, 2022, 11:53:59 PM »
Which Projects Could Be Affected by 3AC’s Liquidity Crisis?

As reports of insolvency abound,Crypto Briefing looks at which firms could be affected by Three Arrows Capital’s recent liquidation events and potential bankruptcy. The Three Arrows Crisis So Far Its...
Source: Which Projects Could Be Affected by 3AC’s Liquidity Crisis?
5
From Crypto Press / BlockFi Secures $250M Revolving Loan From FTX
« Last post by Bull Finance on July 01, 2022, 11:53:59 PM »
BlockFi Secures $250M Revolving Loan From FTX

BlockFi CEO Zac Prince said the loan would bolster the firms balance sheet and platform strength. BlockFi Accepts Credit From FTX BlockFi has partnered with FTX for a new line...
Source: BlockFi Secures $250M Revolving Loan From FTX
6
From Crypto Press / Compound, Aave, Synthetix Lead Ethereum DeFi Revival
« Last post by Bull Finance on July 01, 2022, 11:53:59 PM »
Compound, Aave, Synthetix Lead Ethereum DeFi Revival

Compound and Aave have nearly doubled in market value over the last four days, reaching critical areas of resistance. Ethereum DeFi Tokens Post Gains Compound, Aave, and Synthetix are soaring....
Source: Compound, Aave, Synthetix Lead Ethereum DeFi Revival
7
From Crypto Press / Uniswap Acquires NFT Marketplace Aggregator Genie For Undisclosed Sum
« Last post by Bull Finance on July 01, 2022, 11:53:59 PM »
Uniswap Acquires NFT Marketplace Aggregator Genie For Undisclosed Sum

With the ongoing slowdown in the crypto markets, NFT enthusiasts in the industry have maintained a studied silence. However, Uniswap, sensing opportunity in adversity, has doubled down on the NFT space and acquired NFT marketplace aggregator Genie.
Details Of The Acquisition
Uniswap has been able to raise millions in funding from investors, including the likes of Paradigm and Andreessen Horowitz. The protocol explained in its blog post that, in line with its mission to unlock universal ownership and exchange, it is expanding its products to include ERC-20 tokens and NFTs, which was the key driver behind the acquisition of Genie, which allows users to discover and trade NFTs across most platforms.
The acquisition will allow NFTs to be integrated into Uniswap products, starting with the Uniswap web app. With the integration, users will soon be able to buy and sell NFTs across major marketplaces through the Uniswap web app itself. Uniswap also plans to integrate NFTs into their widgets and developer APIs, making the platform a comprehensive one for both users and builders using Web3.
Not The First Foray Into NFTs
Uniswap has dabbled in the NFT space previously as well when it launched Unisocks back in 2019. Unisocks was the first instance of NFTs and NFT liquidity pools being backed by real-world assets. Uniswap’s work on the Uniswap v3 NFT positions has also helped pioneer on-chain generative SVGs. The protocol also stated in its post that it viewed NFTs as another avenue for value in the growing digital economy and not as a separate ecosystem from the ERC-20 tokens.
The USDC Airdrop
Uniswap also revealed that, in line with web3 ethos, it would be sharing some of the value with existing Genie users through an airdrop of USDC. The proposed airdrop will be launched in August and will be claimable anytime over the next 12 months. The protocol will be sharing more details about the proposed airdrop shortly.
A Challenge To OpenSea
Uniswap’s bet on NFT aggregation can be seen as a bet on the diversification of NFT marketplaces in the long run. Currently, most NFTs are traded via OpenSea, although in recent months, there has been growing competition in the space, with Magic Eden and Looks Rare eating away at OpenSea’s market share. The timing of the purchase is also interesting, as it comes at a time when NFT trading volumes are low, with the larger crypto market facing a significant downturn.
Disclaimer: This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice.
Source: Uniswap Acquires NFT Marketplace Aggregator Genie For Undisclosed Sum
8
From Crypto Press / Banxa | AAX Launch new Partnership
« Last post by Bull Finance on July 01, 2022, 11:53:59 PM »
Banxa | AAX Launch new Partnership

Victoria, Seychelles, 22nd June, 2022, Chainwire
Banxa, the leading global on-and-off ramp solution for Web3, is pleased to announce a new partnership with AAX, the institutional-grade cryptocurrency exchange. Customers can now purchase crypto with fiat and vice versa with AAX using Banxa.
Being the first crypto exchange to switch to the Satoshi Standard (SATS) to drive bitcoin adoption, AAX is an exchange that carries a commitment to the mainstream. Holding a solid belief in crypto for the long run, in the face of the current market cycle, AAX is on a mission to build and create an economy that is inclusive and liberating.
Banxa enables customers to utilize local payment and banking options with less friction, fewer fees, and better fraud protection. In addition, users can quickly and securely convert fiat currency to cryptocurrencies and back again.
“Partnering with Banxa to offer more options around the on and off ramps into crypto and strengthen crypto-to-fiat liquidity is a crucial part of AAX’s expansion work, especially as we engage the mainstream and enter new market frontiers,” said Ben Caselin, Head of Research and Strategy with AAX.
Banxa customers can now benefit from the highest conversion and lowest fees on AAX for the broadest range of currencies and payment methods using credit cards and direct bank transfers in Tokyo, Korea and Brazil.
You can now use Banxa on AAX with BTC, ETH, SOL, DOT, BNB & 49 other cryptocurrencies and local payment options. Currencies available for cashing out of crypto at this time include GBP, AUD, USD, and EUR.
Banxa and AAX help break down the barriers to customers accessing the crypto markets worldwide.

About AAX
AAX is a top-tier crypto exchange that caters to a global audience, with a vision of bringing the benefits of crypto to everyone. Through an accessible range of products and by contributing to the conversation about crypto and culture, we aim to empower the estimated 96% of people worldwide who do not yet own Bitcoin and other digital assets to build better and more inclusive economies.
Favored by more than two million users in over 160 countries, AAX is the first exchange to use the Satoshi Standard (SATS) to drive the adoption of Bitcoin. We are also the first to be powered by LSEG Technology, offering high-yield savings packages, 200+ spot pairs, deeply liquid futures markets, regular discounts on major tokens and a range of on- and off-ramp products.
Aax.com
 Contacts
Vivien Choi
press@aax.com
Source: Banxa | AAX Launch new Partnership
9
From Crypto Press / Bored Ape Yacht Club Ripoff Shoots Up Following Viral YouTube Video
« Last post by Bull Finance on July 01, 2022, 11:53:59 PM »
Bored Ape Yacht Club Ripoff Shoots Up Following Viral YouTube Video

RR/BAYC, an NFT collection seeking to recontextualize the Bored Ape Yacht Club NFT series without imagery perceived by some as offensive, saw its trading volume explode soar after the release...
Source: Bored Ape Yacht Club Ripoff Shoots Up Following Viral YouTube Video
10
From Crypto Press / BIS Releases Report Criticizing Crypto
« Last post by Bull Finance on July 01, 2022, 11:53:59 PM »
BIS Releases Report Criticizing Crypto

A new BIS report has criticized crypto for its structural flaws, arguing that a lack of stable nominal anchor, scalability issues, fragmentation, and unregulated intermediaries all pose risks to the...
Source: BIS Releases Report Criticizing Crypto