Author: Ranjan Yadav

Thinker. Reader. Learner. Writer. Informed. Rebel.

Cryptoverse scamsters beware! Fast, secure, and trusted RugDoc.io is reviewing live. RugDoc.io: The Vetting Revolution for Crypto (DeFi) The DeFi-mazing RugDoc.io is all set to pull the ruggers away, for good. Committed to making DeFi (decentralized finance) safer, RugDoc aims to enhance cryptocurrency access for newbies. RugDoc offers free-of-cost risk assessment for projects, to make DeFi appealing for ambitious cryptocurrency users. RugDoc has so far done over 2,500 project reviews of farms, tokens, exchanges (AMMs and DEXs), OHM Forks, P2E games, and NFTs across 24 networks. The Avalanche and IoTeX chains, Paladin, Oasis, ApeSwap, and Moonlight are official partners of…

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Elation for the Cryptoverse! The Russian government is mulling crypto law regulations. The Bank of Russia (BoR) had earlier called for banning cryptocurrencies citing probable “destabilizing effect” on the Russian economy. The BoR still maintains its cautionary regulatory stance on cryptocurrency, BoR’s Governor Elvira Nabiullina clarified on February 8, 2022. But, the Russian government has now announced draft legislation recognizing cryptocurrency as “an analogue of currencies,” Kommersant reports. President Vladimir Putin discussed harnessing the “competitive advantages” of Russia’s mining industry in January 2022 via a consensus-building event. The reason is that Russia’s electricity surplus ranks 3rd globally in bitcoin mining.…

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Prominent Japanese financial giant, Mitsubishi UFJ Financial Group (MUFG), is mulling a ‘proprietary stablecoin project,’ reports Cointelegraph. The “Progmat Coin” project (slated for a 2023 release) is poised to issue and manage stablecoins. Pegged to the Japanese Yen (JPY) on a 1:1 ratio, the stablecoins platform would facilitate a “universal digital asset payment method.” On offer would be cross-chain interoperability across a range of digital assets (beyond Progmat), including the digital JPY. The official announcement indicates the Progmat Coin project to be a brainchild of the visionary contributions and activities of the ST Research Consortium (an MUFG arm). The ST…

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Titan Corp’s Spartan Casino and Gaming (Spartan Casino) is immersive iGaming awaiting to enchant the gamer in you. Spartan Casino and Gaming is developing the world’s largest GameFi platform. Are you ready to experience in-house and spartan gaming in an entirely new form? Introducing Spartan Casino Committed to developing the ‘largest GameFi platform in the world,’ Spartan Casino and Gaming is poised to thrive at the helm of DeFi innovation. At Spartan Casino, profits are shared in a fair and innovative way, offering a passive income stream to the (token holders) gamers. Inking partnerships with major live dealer gaming software…

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Automated cryptocurrency arbitraging clients in South Africa are sent account termination notices by the Standard Bank (S.A.). As reported by Mybroadband, this development “has sent shockwaves through the cryptocurrency industry.” People tend to wonder what the actual criteria used by the Standard Bank really is, for deciding upon terminating accounts for cryptocurrency arbitrage. Shiftly’s (an arbitrage trading company) co-founder Carel de Villiers is curious to know what formula the Standard Bank actually uses. De Villiers clarifies that his firm is not among the bank’s clientele. Standard Bank had earlier refused to approve de Villiers’ firm Shiftly’s new account opening application.…

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Radio Caca (RACA) has won Binance Smart Chain’s (BSC) coveted Most Valuable Builders (MVB) III September Star Award (2021). Binance found RACA’s performance on transaction volume, active users, total transaction, performance analytics, etc. parameters to be satisfactory. The Certik-audited Radio Caca exclusively manages Maye Musk Mystery Box (MPB) and also that of The USM (the MMO 3D Mapping Metaverse) Metaverse of DeFi + GameFi vehicle. Having launched on the BSC in October 2021, Radio Caca is a ‘Play to Earn’ game involving ‘RACA’ is the AXS of Axie Infinity. Radio Caca’s extensive and innovative commitment towards building its Metamon P2E…

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Acclaimed luxury auction house Sotheby’s has just unveiled their non-fungible token (NFT) marketplace—the “Sotheby’s Metaverse.” Featuring in the Sotheby’s NFT marketplace are various collectible artworks of prominence, such as the Rare Pepe card collection. Sotheby’s Metaverse is an exclusive (immersive) platform and service destination for collectors of digital art. A portal to the world of curated NFTs, Sotheby’s Metaverse will thrive at the intersection of art, commerce, and culture. At present, on Sotheby’s Metaverse, the Natively Digital 1.2 (ND1.2) The Collectors curated NFT sale is ongoing until 26 October, 2021. The NFT Collection terms its collectors to be “people with…

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The SEBI (Securities and Exchange Board of India) has clearly communicated to RIAs (registered investment advisers) to refrain from indulging in ‘digital gold’ activities. The warning issued by SEBI makes it unlawful for the RIAs to partake in such activities which involve “unregulated products.” The cryptocurrency industry in India is still not officially regulated. An official SEBI press release specifies directions pertaining to “dealing in unregulated products by SEBI registered Investment Advisers.” SEBI specifically stated the following in the said press release: It has come to the notice of SEBI that some registered investment advisers [RIAs] are engaged in unregulated…

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An awaited open and abruptly shut food delivery start-up case has been buzzing in the cryptoverse lately. Celebrity-endorsed CryptoEats food delivery company abandoned investors’ appetites, siphoning-off EATS token sale’s US$500,000. CryptoEats didn’t Burp, not even once! Having reportedly raised over US$8 million in Series A funding, CryptoEats’ press release was distributed via GlobeNewswire. The release claimed that founder Wade Phillips (a non-existing identity) formed a partnership with McDonald’s, etc. The scam start-up reportedly hired a massive team of delivery personnel to “compete head-on with the likes of Uber eats and Delivaroo thanks to its algorithm based blockchain implemented software.” Promoted…

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The blockchain community of Nigeria had recently voiced their discontentment against the rejection of a blockchain start-up’s registration application. The Corporate Affairs Commission (CAC) of Nigeria had rejected the application submitted by FlintAPI Ltd. CryptoAssetBuyer.com reports FlintAPI Ltd. is now duly registered with the CAC. The onus was on the CAC to act on the matter but the blame, CAC explains, is courtesy of a staff member, who couldn’t properly categorize the query. CAC’s Registrar-General Alhaji Garba Abubakar reportedly intervened via directing Muhammad Abdullahi (Techncial Assistant to Registrar-General, CAC). Muhammad Abdullahi then approached Convexity Founder & COO, Mr. Adedeji Owonibi,…

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