Crypto News Weekly Digest
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2022-09-02
Crypto market today
▪️BTC - 20000 +0.31%
The price of bitcoin has not changed per day, but altcoins show a large increase.
Growth leaders among altcoins are CEL, EOS, LUNC.
The fall leaders are BRISE, LEO, SNX.
BTC dominance is 39.92%.
Alt season index 90.
Sweatcoin released a preview of the Sweat Wallet
The world's most downloaded health and fitness smartphone application in 2022 is inching closer to having its own digital token, SWEAT. Its IDO is set to ensure the seamless transition of Sweat Economy to a global Web3 ecosystem.
According to an official announcement shared by the team behind the Sweat Economy app, it is ready to launch the SWEAT native token on DAO Maker, a popular launchpad for initial decentralized exchange offerings (IDOs).
Sweat Economy has already launched its Web2 in-app currency, Sweatcoin. As the platform migrates to a Web3 technical basis, all Sweatcoin holders will be able to claim SWEAT. SWEAT IDO is among the most interesting token sales for DAO Maker, a fundraising launchpad with over 500,000 users and more than 100 projects funded. DAO Maker allows Web3 innovators to raise funds in a seamless, inclusive, and democratic manner.
LG plans to launch its Wallypto crypto wallet
It is reported that the application is now in the final stage of beta testing.
Tokens on the Hedera blockchain will be supported initially, and more networks are expected to be kept after the launch.
The company has already interacted with the crypto space. It previously announced the integration of the NFT platform into its TV lineup.
The head of Xbox expressed optimism about the metaverse.
Xbox CEO Phil Spencer in an interview with Bloomberg Technology said that gamers have already been in the metaverse for the past 30 years.
According to him, most games today - from World of Warcraft and Roblox to racing simulators - offer a three-dimensional world with the ability to communicate.
Spencer expressed interest in the development of virtual worlds but urged caution in playing games in the Play-to-Earn segment due to speculation in the NFT market.
"Indian TikTok" Chingari launches the world's first video NFT marketplace.
The goal of the project is to provide content creators with a financial component, as well as to give users the opportunity to connect with the creators of the content they like the most by buying the original work they produced and thereby rewarding the creator.
Clients who purchase these NFTs will be entitled to 10% of the daily platform token revenue earned by the artist based on the number of interactions they receive from their videos hosted on the app.
Indonesia Likely To Have Crypto Stock Market By End Of 2022
There is a big positive development for crypto enthusiasts in Indonesia. The country is expected to have a crypto stock exchange by the end of this year. As per a media report, Indonesia’s deputy trade minister Jerry Sambuaga has said that the nation will launch a crypto stock market by 2022 end.
The minister has reportedly said that introducing a crypto stock exchange involves preparations, validations of entities, and minimum capital requirements. The Southeast Asian nation has been contemplating having a cryptocurrency exchange for a while now. Earlier, the launch was expected in 2021, however, due to some complexities in the process, it was postponed to the first quarter of 2022.
The country has nearly 25 licensed crypto trading firms including the troubled crypto exchange Zipmex under Bappebti.
Mining malware has infected more than 100,000 users.
Attackers set traps for victims on websites like Softpedia that host free software. They trick them into downloading desktop versions of services like YouTube Music and Microsoft Translator.
After launching, the malware launches a hidden process to mine the Monero (XMR) cryptocurrency using the processor.