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$220 M Positions Wiped In Last 24 Hrs As Crypto Faces Multiple Regulatory Decisions In US And Europe

Crypto traders were caught off-guard  as the market paused recent losses, liquidating $230 million in positions over the past 24 hours. Total market capital appeared to be holding around $1.7 trillion this week, after losing more than $200 billion in five days. Shorts disappointed as losses pause Traders positioning for a further decline in markets

The post $220 M Positions Wiped In Last 24 Hrs As Crypto Faces Multiple Regulatory Decisions In US And Europe appeared first on CoinGape.

UnionBank Collabs with Canvas.PH to Help Artists, Collectors Explore NFT Space

The program will have a series of webinars and a sale and auction of Filipino NFT artworks curated by CANVAS.PH.

The post UnionBank Collabs with Canvas.PH to Help Artists, Collectors Explore NFT Space appeared first on BitPinas.

IDG Capital Vietnam Confirms Investment in METAIN to Lead NFT-Empowered Real Estate Trend in Vietnam

Vancouver, Canada, Mar 7, 2022 - (ACN Newswire) - IDG Capital Vietnam - the leading Ventures capital with strong focus on high-quality technology startups confirms their investment in METAIN - the first co-investment platform based on blockchain and NFT technology in Vietnam. This partnership is expected to foster the development of NFT real estate and attract more global investors to invest in Vietnam proptech empowered by blockchain technology.

Real estate investment promises a very high ROI with the least risk among other investment types (e.g stocks, crypto, saving, open-ended funds, etc.); however, its characteristic creates high entry barriers for individual investors, including big investment capital and an inconvenient, time intensive multiple-transaction process.

METAIN is the blockchain-empowered co-investment platform focusing in real estate, whose vision is to provide high-yield, transparent and secured investment opportunities to middle-income customers. The platform aims to grow the Vietnam real estate investment market and improve its accessibility using blockchain technology to complement, not replace, existing reliable approaches.

To guarantee its commitment of protecting individual investors, METAIN is following REIT regulation, partnering with high reputation firms for bank trustee service, tax and financial auditing and legal consulting. Those globally recognized partners would be announced shortly within the next month.

IDG Capital also shows their ambition to lead the NFT Real estate trend and reveal their plan to proactively engage with global investors to attract investment into the Vietnam real estate market. About the potential of METAIN, Mr. Duc Tran - General Partner at IDG Capital Vietnam said: “METAIN is the first blockchain startup that IDG Capital Vietnam invests in. Unlike other similar projects, METAIN team has a very smart approach in their choice of investment targets. Income-producing property is real estate you invest in to make money from current rental payments, appreciation in market price, or adding value with additional revenue streams. Last but not least, their aims are only around Central Business District properties whose evaluations are the most stable with an all-time uptrend, comparing to other options.”

“With the high security, instantaneous settlement, transparent seamless transaction process blockchain, smart contract and NFT (Non-fungible token) technology is transforming the real estate industry and will become the key trend in the next decades. The next challenges would be how to protect investors' pennies with a reliable setup and how to grow these pennies via choosing right investment assets to acquire. And we believe that we are on the right track of that.” said Mr. Nhan Tran, CEO of METAIN.

Social Links:
Twitter: https://twitter.com/METAINio
Facebook: https://www.facebook.com/MetainOfficial
Telegram: https://t.me/metainglobal
Discord: https://discord.io/METAINio
IDG Website: https://www.idgcapitalvietnam.com/

Media Contact
Company Name: METAIN INVESTMENT GROUP INC.
Contact Person: Ms. Denise Thi, CMO
Company E-mail: denise.thi@metain.io
Website: https://metain.io

SOURCE: METAIN INVESTMENT GROUP INC.



Copyright 2022 ACN Newswire. All rights reserved. www.acnnewswire.com

Fantasy Role-Playing Game, The Wasted Lands Listed on Kucoin

Fantasy Role-Playing Game, The Wasted Lands Listed on Kucoin
According to a report by wax, 75% of online gamers want to exchange virtual assets for a currency that they can use on other platforms and in real life.  In the past, players could only play online games for the fun of it; there was no way for them to convert that thrill to ‘earnings.’ […]

BiggerPockets Podcast 579: The Secret Sauce Behind Short-Term Rental Success (Part 2) w/Rob Abasolo

You can build wealth with short-term rental investing quite easily. All you need is a great location, a solid property, a good strategy, some phenomenal cleaners…wait maybe it isn’t all […]

The growing relevance of Bitcoin in Real State

  By FintechNews staff Bitcoin is being used in over 270,000 transactions daily, and its usage is only increasing. So, why not use your Bitcoin to make your real estate transactions? The future of real estate is changing to accommodate the use of bitcoin in property transactions, and more real estate companies are facilitating bitcoin […]

The post The growing relevance of Bitcoin in Real State appeared first on Fintech News.

New Yorkers Barred From Buying and Selling of a Cryptoasset Designed for Their City

New Yorkers are not able to buy or sell NewYorkCityCoin (NYCCoin), a cryptoasset that was design to give “citizens and supporters the power to support, improve and program the city that never sleeps.” According to a report by Bloomberg, project developer CityCoins was inspired to create NYCCoin in November 2021 after New York Mayor Eric […]

Algorand Ecosystem Grows, How Vesta Equity Will Enable Homeowners To Tokenize Their Real Estate

Algorand (ALGO) trends lower with the rest of the crypto market. Larger cryptocurrencies, like Bitcoin and Ethereum, broke below critical support and seem at risk of future losses unless liquidity comes up at current levels. Related Reading | Algorand Foundation Names Former JP Morgan Executive as CEO, ALGO Soars 10% As of press time, Algorand (ALGO) trades at $0.76 with a 3.7% loss in the past 24-hours. On higher timeframes, the cryptocurrency records a 20.5% loss in 30 days and a 35% loss in one year. Despite the recent bearish price action, the Algorand ecosystem continues to expand. Recently, the network saw the launch of Vest Equity. Created as an NFT platform, this project runs on Algorand with the objective of providing real estate owners with more power over their assets. The platforms enable users to tokenize a property and “easily” offer a portion on the market. The platform has the additional objective of letting users benefit from the value of their properties, turning them into tokenized digital assets. At the same time, Vesta Equity: (…) simultaneously advancing housing affordability, economics, and frictionless investor accessibility to residential real estate. Vesta Equity offers users access to a native marketplace which removes friction from the process of transacting with real-estate-backed NFTs. The platform has a catalog of properties, price ranges, addresses. In addition, an owner or potential investors looking to purchase a portion of this Algorand backed NFTs can view the percentage of equity available, of equity listed, and equity sold. Other features of the property are visible, as seen below. Vesta Equity is user-friendly and provides additional data as the property value forecast for up to 30 months, and its home price index (HPI) to estimate the property’s potential value over the coming years, and its expected returns. Algorand To Disrupt $23.6 Trillion Real Estate Market? The Algorand based platform attends to automatize and remove third-party intervention from the real estate sector by leveraging the power of NFTs. Thus, providing users with more access to property investments. Michael Carpentier, CEO, and Co-Founder of Vesta Equity said the following on the project: Imagine a world where with a few clicks of your mouse you can access the entire accumulated value of the equity in your home without incurring debt or selling and moving. At the other end, investors can participate by purchasing into the future appreciation of the property and build a portfolio of real estate assets like they do with stocks. Imran Rahaman, COO at Vesta Equity, called the launch of the platform an “innovation” in the home equity sector. In addition, Rahaman believes the project is a new use case align with the ultimate goal of blockchain technology: we become an example of a company using blockchain for what it was designed: to remove friction from traditional exchange of value systems, and to open up new financial opportunities for people everywhere. Related Reading | Algorand, Solana, And More Lead List Of Biggest Losing Altcoins The Algorand network also revealed improvements to its mainnet with the expansion of smart contract functionalities. Users will now be able to benefit from contract-to-contract calls, and a new component called Falcon Keys designed at advancing the network on its towards “trustless cross-chain interoperability”.

FFXIV Patch 6.1 Newfound Adventure: Everything We Know About It So Far

FFXIV's meatiest patch since Endwalker's release, 6.1, will be released in mid-April. In a three-hour long FFXIV Live Letter, director Naoki Yoshida and global community manager Toshio Murouchi shared the details of what's new in the 6.1 Patch, dubbed the Newfound Adventure.

This Live Letter did not have real-time Japanese to English translations, but most of the important info was shared in English in slides. Many thanks FFXIV Discord's translations-and-liveletters channel for sharing the untranslated spoken bits with the community. All quotes below were translated by Discord users Miuna and lluna.

New Main Scenario Quests, 6.1

We got a teaser image of WoL sitting with Tataru and Estinien handing us a rolled up piece of document. Actual in-game footage will be shown in the next Live Letter, which will be before the mid-April patch release.

Tataru looking at us menacingly.Estinien handing us something.

New Side Quests, 6.1

Tataru's Grand Endeavor Series will start. Yoshida commented, "At the end of 6.0, we had everyone that the WoL saved and helped throughout their adventures. So this side quest line will somewhat focus on showing them appreciation for showing up in the end to support us."

Tataru looking at us menacingly, Part 2.

New Tribal Quests, 6.1

Arkasodara Beast Tribe will be added. Players must first complete the following Thavnair quests: Steppe Child and What's in a Parent. In Patch 6.2, Beast Tribe quests will be renamed to Tribal Quests.

New tribe.

New Hildibrand Adventures, 6.15

More info will be revealed in next Live Letter, but from the images, it looks like we'll be traipsing to Lakeland with Hildibrand. The Hildibrand quests are a fan-favorite due to their ridiculously funny nature, and the last Hildibrand quest expansion was for Level 70 players in Stormblood. Shadowbringers did not include Hildibrand and his shenanigans. "We got asked a lot during the 6.0 interviews, especially by oversea media, 'When is Hildibrand coming back'" Murouchi said. Yoshida added, "I feel like I was asked about [Hildibrand] at every opportunity." In a fun piece of info, Yoshida said, "Hildibrand cutscenes are very heavy on our budget."

Hildibrand doing...what?

New Omega Beyond The Rift, 6.1x

As for what the new story will be, Yoshida said, "Once you clear the Omega Raid story and you play through the Ultima Thule story from 6.0, we felt like we could add a quest that clarifies a little more on the connections made there."

ARR MSQ improvements, 6.1

As previously mentioned, certain ARR main scenario quests are getting a makeover.

  • Trust System for Main Scenario duties: "Four-player dungeons from patch 2.0 will be clearable with NPCs, so you can do them solo," Yoshida said. As for whether we'll see Trust systems for larger party duties, Yoshida commented, "Alliance raids and eight-player content is too much to cover. We will try to get 8 player content done for 7.0, but alliance raids won't be happening."
  • Hakkue Manor--There is a teleporter now! "​​In Haukke, once you're done with the boss in the basement, it is normal to use 'return', but how is a sprout supposed to know that… so we put a teleporter there," Yoshida said.
  • Cape Westwind--From an eight-player duty, this trial will now be a one-play instanced duty.
  • Castrum Meridianum--This won't be an eight-player duty either, anymore. It will now be a four-player dungeon.
  • The Praetorium--It will turn into three separate duties. From the start to the Gaius battle, Prae will become a four-person dungeon. The Ultima battle will be an eight-player trial, and the final Lahabrea battle will be a solo quest battle.
  • MSQ Duty Roulette will stay--"We were thinking of removing MSQ roulette, but we're keeping it, compared to other dungeons they are still longer," Yoshida said. The reward will, however, be adjusted.
New Trust System for ARR

New Dungeon, 6.1

There will be a new dungeon, but the name is a secret for now. "If we tell you the name it might give away too much already, so we're not giving you the dungeon name," Yoshida said.

New Trial Endsinger's Aria, 6.1

This will be the Extreme version of the Endsinger trial, so expect planets thrown at you on a more extreme and violent level.

New Alliance Raid Myths of the Realm 1, 6.1

In this new set of Alliance Raids, "We're going to finally begin 'investigating' the secrets of the Twelve gods in Eorzea," Yoshida said.

New Alliance Raid.

New Ultimate Duty Dragonsong's Reprise, 6.11

"Mr. Ozma [FFXIV's Battle Content Director Masaki Nakagawa] designed this fight," Yoshida said. "I have tested each phases alone already. It was scary. I think we're starting the eight-people play testing next week. I know there will be many progression streams, so I hope everyone can somehow enjoy this content."< /p>Dragonsong's RepriseDragonsong's RepriseDragonsong's Reprise

New PVP Changes, 6.1

PVP is getting quite a few adjustments: These include small-scale PVP mode Crystalline Conflict, "PVP action improvements and adrenaline rush actions for each job," and new PVP reward system. Feast will end with 6.1. The nitty gritty details will be shared in the next Live letter.

New Character Profile Feature Adventurer Plates, 6.1

Previously called "Calling Cards," this feature sounds like you can show off your character build and outfits. "Originally I wanted to show you today what you could do with these features, but they all looked like they weren't finished," Yoshida said. "You can have a gear set to which you assign a glam plate and additionally you can assign an Adventurer Plate. So your introduction can be different for every job."

New UI Unending System, 6.1

This new UI is like an encyclopedia of the FFXIV world. "[It's] a glossary so you can keep up with the characters and terms that were introduced so far in the story. New entries will be added when you progress further in the story. We won't be in time with the implementation of everything for this patch, but we will keep updating it," Yoshida commented.

More Glamour Plates, 6.1

This was put in the Live Letter's miscellaneous category, but I think this deserves a section of its own. Players have bemoaned the limited number of plates for a long time, and it's exciting to get five extra plates. Players will also be able to equip plates in every Sanctuary now. "We're trying to double the Glam Dresser from 400 slots to 800, but that will be in patch 6.2," Yoshida said.

Below are more new content getting added in Patch 6.1:

  • New Role Quests, 6.1
  • New Job Adjustments, 6.1
  • New Unreal Trial Ultima's Bane, 6.1
  • New Custom Deliveries, 6.1
  • New Housing in Ishgard, 6.1
  • Data Travel Center, 6.1
  • New Hairstyles for Hrothgar and Viera
  • New Game+ Additions, 6.1
  • Data Center Travel changes, 6.1
  • New Marketboard improvements, 6.1
  • Mogstation Update, 6.1--You can try on outfits before purchasing now.

Are Crypto Domains Worth It?

Crypto domains, or NFT domains, are a quiet giant in the baby deer-legged web-3 space with many noteworthy pros and cons.  The “Dot-Com era” in the early 2000s is remembered…

The post Are Crypto Domains Worth It? appeared first on CoinCentral.

Have Cryptocurrency Firms Reached a Moral Crossroads Over Ukraine?

While much of the financial world is united in its efforts to distance itself from Russia as the country’s leader, Vladimir Putin, orders his forces continue their invasion of neighboring Ukraine, many of those in the cryptocurrency world are decidedly more ambivalent. Is this a function of the underlying libertarian spirit that powers much of Read more...

The post Have Cryptocurrency Firms Reached a Moral Crossroads Over Ukraine? appeared first on Finovate.

Entain to Skip Paying Dividends in Favor of Business Expansion

Entain is coming off a successful 2021 that saw core earnings reach more than $1 billion. However, the company will use its success to fuel expansion, foregoing dividends for a second consecutive year. Entain’s latest financial health report shows that its earnings for 2021 topped off at $1.18 billion, a 4.6% year-on-year increase. This bested […]

The post Entain to Skip Paying Dividends in Favor of Business Expansion appeared first on Casino.org.

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