17 minute read

Video of the Week������������������������������������������������������������������������������������������������������������������������������������������

of the week

Crypto Weekly

Advertisement

NFT

Ryan Matta

Bitcoin Price Predictions 2022 (Media Compilations)

The rise of Bitcoin. Bitcoin started in 2009. Experts have Bitcoin price predictions of over $1,000,000 when we see Bitcoin rapid adoption take place. I have created real of the Media clips to help showcase how the Media try to manipulate the narratives of Bitcoin. I hope you enjoy the show.

agromatic agromatic agromatic agromatic

Crypto Weekly

The Metaverse Must Face These Legalities and Address Them

Anew buzzword in technology seems to be "metaverse." Cyberspace is one way to describe the metaverse. As with the internet, it's a world - or reality - beyond our physical world on Earth.

A version of ourselves can be immersed in a metaverse using augmented reality (AR) and virtual reality (VR), which people now and in the future will be able to access via tools such as virtual reality goggles. My first reaction is to be very excited, but I am inclined to ask: who or what governs the metaverse? My opinion is that several key areas of law are still a bit hazy at this point. Cryptocurrency and NFTs (non-fungible tokens) are the most common forms of payment in the metaverse. An NFT is a unique digital asset, such as an image, a piece of music, a video, a 3D object, or any other type of creative work. In some cases, NFT sales are equivalent to millions of pounds.

Take care not to be misled. Seek advice from experts

These types of transactions raise a number of interesting legal questions, even though it's difficult to determine whether they represent a trend or an innovative form of capital investment. If you purchase a piece of art, property law states that you have dual ownership. The first is ownership of the artwork. Secondly, depending on the terms of the sale, the buyer may or may not own the intellectual property of the artwork.

How is ownership defined when it comes to a transaction involving digital art? The Reed Smith law firm has stated that metaverse ownership is nothing more than a form of licensing or provision of services. The buyer, for example, may not be able to sell the item without the permission of the valid owner. The true owner remains in these situations.

As a result, virtual real estate has also become an NFT, with individuals and companies spending considerable sums to own "property" in the metaverse. Can land laws be applied to virtual properties? Is real-world legislation applicable to trespassers on private land in the metaverse? Does virtual property qualify for mortgages? Is real-world law applicable to trespassers on personal property in the metaverse?

It may also be possible for the metaverse to host a dark web marketplace like

Crypto Weekly

Silk Road, which deals in illegal drugs, weapons, and allegedly, "murder for hire." Can laws be put in place in the metaverse to prevent this from happening? A global regulatory authority overseeing the metaverse would be ideal but would be challenging to implement.

The metaverse may also have legal ramifications relating to data and data protection. Our data will be exposed to new categories for processing in the metaverse. In the metaverse, an avatar could display facial expressions, gestures, and other types of reactions during interactions.

Metaverse data protection laws may include the General Data Protection Regulation (GDPR) and the Data Protection Act. To ensure that user rights are protected, it may be necessary to revise the processes for informed consent around data processing due to the novel nature of the metaverse.

There will be new types of personal data exposed due to interactions in the metaverse. Furthermore, given the "noboundaries" nature of the metaverse, while we may assume the GDPR will apply, the clauses dealing with data transfer and processing outside the EU may need clarification. When processing personal data, the GDPR is based on the location of the subject, not their home country or citizenship. Is it possible to determine the location based on the individual operating the avatar, or should we examine the avatar since the avatar's data will be processed? If the avatar is located in the metaverse, how can we determine what jurisdiction it belongs to? In some instances, users may interact via their avatars to represent a violation of the law if it took place between people in the real world. Such an incident may result from a breach of tort law (covering civil claims such as negligence or nuisance) or criminal law (involving crimes such as assault, murder, burglary, or rape).

Avatars are attacking each other. Is assault and battery law applicable here? Can avatars be held accountable for their actions? Assigning a legal persona to the avatar, allowing them to sue or be sued, would be complicated because we need to attribute a legal persona to them. Avatars would be challenging to prove injured, lost, or harmed. Moreover, proving assault or battery would be much more difficult due to "actual bodily harm" requirement. In the metaverse, there will naturally not be any bodily harm.

The metaverse is already populated with sexual predators who conceal their identities behind avatars that are hard to track down in the real world. For instance, groping has been reported. Users in the metaverse can feel when they are touched or groped by wearing a haptic vest. It is not necessary to touch someone to be harassed. In VR and gaming, for example, can existing laws adequately address who is responsible for ensuring the safety of users? What is the responsibility of the VR and gaming industry with regards to user safety, for example?

As long as unscrupulous users know this is a grey area, sexual harassment issues will make their way into the metaverse. Their belief that they cannot be held accountable for events occurring in the metaverse might encourage them to act in such a reckless manner.

To return to the question of legal person as of avatars, is a legal persona necessary for making avatars accountable in the metaverse? Are there any standards and criteria that need to be in place to distinguish between a "legal" avatar and its true legal operator? All of these questions need to be resolved before the metaverse becomes mainstream. 

Crypto Weekly

34 million in Ethereum Raised in 5 Days in WikiLeaks Founder Julian Assange's Bid for Freedom

North Korea Funds Weapons with Stolen Crypto, According to a Leaked UN Report

WikiLeaks founder Julian Assange continues to receive unbridled support from the community, making him one of the most controversial cases of press freedom. Since Assange awaits extradition, the same community has raised over $39 million to defend him.

AssangeDAO

Since he released several hundred thousand secret American documents in 2010, Julian Assange's supporters have achieved something quite historic in the WikiLeaks investigation of Assange.

In the last five days, AssangeDAO raised over $39.2 million in cryptocurrency. It describes itself as a way to restore Assange's freedom. Assange's DAO, which currently has raised about 12,682 Ethereum, is raising capital to bid on the upcoming NFTs.

In collaboration with Julian Assange and digital artist Pak, 'Censored' is a series of NFTs. The NFT collection includes a 1/1 dynamic NFT as well as an open edition dynamic NFT on display at the auction. In an effort to raise ETH for the purchase of the 1/1 dynamic NFT, AssangeDAO will use manifold.xyz smart contracts to create the NFT. The NFT will be auctioned via Pak's website to raise awareness of the implications of Assange's case for free speech. "We aim to develop a dedicated community and network that can aid in Assange's liberation."

A record-breaking event

By borrowing from Free RossDAO, the

DAO primarily aims to raise capital for the purchase of Assange NFTs. They called it the 'new age of cypherpunk activism'.

Since the money raised has made AssangeDAO the largest JuiceBox DAO in history, surpassing the previous record held by Constitution DAO of 11,613 ETH in less than 6 days, JuiceBox DAO has managed to achieve its goal in many ways. 

Using cryptocurrency stolen through cyberattacks, North Korea funds its weapons program. This is reported in a leaked United Nations report. During the past year, Pyongyang developed its nuclear and ballistic missile programs and cultivated revenue through cyberattacks, according to the report. According to the report, North Korean hackers stole over 50 million dollars from at least three cryptocurrency exchanges between 2020 and mid-2021.

In a report released last month, monitoring groups cited security firm Chainalysis as saying that North Korea had extracted almost 400 million dollars worth of digital assets just the previous year. According to the report, Pyongyang's missile tests have increased in the past few years.

On Friday, the United States and others said North Korea had carried out nine ballistic missile launches in January. It was the most significant number in a single month in the country's weapons program history. North Korea has been subject to UN sanctions since 2006 to target funding for its nuclear and ballistic missile programs. 

Income Island Phase 1�5 METAVERSE January 2022

FORGET THE ROCKET, DON’T MISS THE BOAT!

26

Crypto Weekly

PROJECT 1

nigels.io

NIGELS (NIGELS)

NigelsforNigels NigelsBSC

The Nigel token is dedicated to those who have been scammed, or had their rug pulled in the crypto world. The Nigel project was created by ten crypto-enthusiastic friends who were scammed by a scammer they all knew as Nigel. After the carnage, they got together and decided to launch their own legitimate project and name the token after the person who brought them together under those unfortunate circumstances. Although it started out as a joke, the goal of the retributive campaign became to show that dedicated, transparent developers behind a simple and straightforward project can outperform con artists.

Nigel's is a community-driven token that aims to make the crypto space safer due to efforts made as a collective. The BSC space has become ubiquitously known for its scams. The Nigel community believes that the best way to mitigate scams or frauds is to educate new and inexperienced users through engaging content. They all plan to work towards this goal by creating crypto educational media and content and highlighting legitimate crypto projects.

Plans for the Future

Nigels is beginning its media content journey with Radio Nigel's flagship production. Wielding the tools of a digital generation, the initial entry is coming to the podcast space. The first series, Nigelcast, highlights up-and-coming crypto projects and provides an engaging and enlightening experience.

Nigels plans on building an entire ecosystem of content and media with a strong focus on crypto safety education. The team believes that the first line of defense from being a scam victim is to be armed with knowledge.

PROJECT 2

adacash.io

ADAcsh (ADAcash)

adacashtoken adacashbsc

ADACash is the step forward in yield-generating contracts on the Binance Smart Chain (BSC). A revolutionary new token that earns you ADA reflections just for holding. On each transaction 10% is distributed between all holders as CARDANO every 60 minutes dependant on volume.

You receive rewards distributed in ADA rather than token reflections and the contract employs a static reward system. This allows rewards to extend outside of simply holding the coin as would a reflection-based coin operate. ADACash’s Tokenomics:

ƒ Token supply of 100,000,000,000,000 ADACash ƒ 15% Buy and Sale Tax* • 10% ADA is redistributed among holders • 2% is used to increase the liquidity pool. • 3% is allocated towards funding the marketing wallet. NOTE: you must hold 200,000,000 or more ADACash tokens to be eligible for the ADA dividends.

Crypto Weekly

27

PROJECT 3

xrisecoin.com

XRise

XriseCoin XriseCoin

With volatility as the main antagonist of mass crypto adoption, XRise is bringing a smart contract that offers a substantial amount of certainty to investors. The goal being to minimize risk and loss that all too often, troubles the BSC space. XRise does this by controlling the max sell limit on every transaction, nurturing exponential growth. Purchases carry no upper limit, and laddering out (safely taking profits) is welcomed. If you invest $1,000, and you have a 500% increase, ($5,000), your day 1 withdrawal would be set at your initial investment, plus 10% of your profit, ($1,000+$400). Let’s say day 2 realizes a 200% profit, putting your remaining $3600 from day 1, at $7200. Your day 2 withdrawal limit would be 10% of your total holdings, ($720). As the process continues, investments and holdings continually grow, while sells have a much lesser impact on the chart.

r

Initial investment-$1,000 ƒ Day 1 (with a 500% increase)-$5,000 ƒ Profit-$4000 ƒ Day 1 withdrawal limit (Initial investment+10% of profit)=$1400 ƒ Remaining balance-$3600 ƒ Day 2 (with a 200% increase)-$7200 ƒ Day 2 withdrawal limit (10%)-$720

Brought to you by the powerhouse team at FudDoxx, XRise will launch on the Binance Smart Chain on February 14th and are accepting presale allocations on their Telegram channel. FudDoxx will pay out their staking rewards in XRise, adding holders, and continually growing a consistent upward trajectory to the XRise token.

PROJECT 4

FudDoxx Token (FDOX)

FuddoxxToken FudDoxx FudDoxx

Building on security, FudDoxx offers a wide range of services to benefit the entire crypto space. The team has compiled a list of projects that have passed their extensive verification process. FudDoxx offers doxxing services to bridge the gap between investors and developers. The doxxing info received by the team is securely stored for use in the event that a project scams, and is proven as far as possible, then that information would be released to the public and authorities. FudDoxx Audit service goes beyond the detailed analysis of solidity code. Not only tearing apart the smart contracts, but their risk assessment factors in the audited projects vision, team, maturity, funding, and community.

The FudDoxx team has also incorporated a beautiful, userfriendly NFT marketplace in their ecosystem, (see for yourself, FudCoinNFT.com), where you will find everything from pixelated images, audio, video, and unique sports memorabilia NFT's, to name a few. The simple navigation process streamlines buying and selling digital art.

Fuddoxx doesn't stop there!

ƒ Swap platform: Complete (Swap.FudDoxx.com) ƒ Staking and Farming platform: In development ƒ ICO launchpad: In development

With so many avenues for continual success in crypto, FudDoxx truly covers every base with their comprehensive suite of revenue-generating, and security, features.

FudDoxx Token (FDOX) launched on Binance Smart Chain with a total supply of 100 trillion and has 328 holders at the time of writing. A 12% tax is attached to every transaction which breaks down to 7% LP, 3% marketing in BNB, and 2% native reflections.

Crypto Weekly

When it comes to cryptocurrency, most investors start by opening an account on an established exchange. Your trading style will determine which exchange is best for you. There is a suitable option for everyone, whether you are a new investor or a seasoned crypto trader with many transactions under your belt. We'll examine four of the more popular platforms for cryptocurrency trading.

Binance

Binance is among the largest cryptocurrency exchanges globally, offering more than 500 cryptocurrencies, and is available in more than 180 countries. The reason for Binance's popularity is that it enables crypto traders to transact with virtually any alternative coin available on the market. It is possible to start trading crypto for as little as $1 on Binance.

Binance allows new cryptocurrency traders a straightforward experience. Still, it might be best suited for crypto day traders - the low fees, charting tools, and mobile app makes cryptocurrency trading easy and fast. The list of features above makes it clear why Binance has grown into one of the largest cryptocurrency exchanges in the world. Binance

Coinbase

There are many crypto exchanges out there, but Coinbase is one of the most popular. Since 2012, crypto traders have been using Coinbase for trading, and the crypto exchange only got better with time. For beginners, Coinbase is among the best cryptocurrency exchanges. Buying, selling, and storing cryptocurrencies on its platform is easy. Coinbase is a great place to stay up to date on new crypto projects and alternative coins and stay informed about what's new in the world of digital assets.

New traders will find Coinbase an excellent place to begin due to its easy-to-use interface and straightforward onboarding accepts credit and debit cards, but it doesn't accept dollars for cryptocurrency. Users can purchase and sell more than 60 cryptocurrencies on Binance.us, a regulated U.S. cryptocurrency exchange.

Binance has come under global regulatory scrutiny due to questions regarding its legal ability to operate in certain countries despite its popularity. Despite this, Binance is a powerful trading platform that offers several powerful tools for users to choose from if they wish to invest their money in digital currencies.

process. Coinbase Pro, with advanced charting tools and cryptocurrency trading tools, caters to more experienced traders.

On Coinbase, users have access to hundreds of digital currencies and altcoins. Coinbase has drawbacks, including a higher cost than other cryptocurrency exchanges and limited payment options. Traders should be aware of high trading fees tacked onto their trades, part of Coinbase's muddled fee structure.

Crypto Weekly

29

Gemini

The Winklevoss twins founded Gemini in 2014, which quickly became one of the most respected names in cryptocurrency. Security and compliance are top priorities at Gemini, a regulated cryptocurrency exchange. Although Gemini's namesake cryptocurrencies are Bitcoin and Ethereum, today, the exchange allows users to trade many more cryptocurrencies.

The Federal Deposit Insurance Corporation insures Gemini as a fiduciary. Therefore, security is of the utmost importance for Gemini. Gemini regularly undergoes banking exams and cybersecurity audits in a market that faces regulatory challenges. Safety is another reason for the popularity of Gemini. Almost all of the cryptocurrency on the exchange is held in cold storage, and cryptocurrency held online in Gemini's exchange wallet is insured.

kraken

Since its founding in 2011, Kraken has established itself as a trustworthy, secure cryptocurrency exchange.

Kraken's Pro site is where it shines, as it has many features geared towards experienced traders. Power users are attracted to advanced tools such as margin trading and crypto futures, while others are drawn to staking coins. Bringing together crypto investors and institutional clients, Kraken can be used by many individuals.

When it comes to security measures, Kraken has a proprietary custody system. The company says 95% of all Kraken deposits are held in offline, air-gapped cold storage across multiple Power users are encouraged to trade more frequently, while first-time buyers have to pay a higher fee due to a sliding scale of fees based on how frequently they trade. The site itself is straightforward, but the mobile app isn't as intuitive as some of the competitors' apps, and one of the disadvantages is the inability to pay with debit cards or credit cards. Nonetheless, Gemini is an excellent option for those most concerned about safety and security.

geographies. Assets are only transferred online when users trade them or withdraw them from the platform.

The fees on Kraken are competitive with other cryptocurrency exchanges. Kraken's fee structure is volume-based, so if you trade more, then the fee will be lower. While the maker-taker fee system is confusing at best, users who aren't actively trading during a 30-day period often find themselves forking over more significant fees than they'd see elsewhere. Additionally, Kraken has experienced technical problems during periods of high market volatility.

Wrapping it up

Each of the four exchanges has its advantages and disadvantages. Coinbase is an excellent place for first-time buyers because of its easy-to-use interface, while more experienced traders might prefer Gemini or Kraken. All four exchanges are secure, with advanced security measures to protect users' funds. Traders need to know what they're paying for fees on each exchange since they vary from one exchange to another. The four exchanges differ slightly in terms of features, but they are still excellent choices for those looking to trade cryptocurrencies.

This article is from: