Cryptonaire Weekly Magazine Edition 239

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CONTENTS 05

WEEKLY CRYPTOCURRENCY MARKET ANALYSIS

CRYPTO TRADE OPPORTUNITIES

10 16

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PRESS RELEASE

101-YEAR-OLD FORMER POW LAUNCHES NFT PROJECT

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GLOBIANCE – THE WORLD’S FIRST COMBINED BANKING & DIGITALEXCHANGE PLATFORM

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BRISE PARADISE – A PLACE FOR THE WORLDWIDE CRYPTO COMMUNITY IN MALDIVES WITH HUGE PERKS TO THE HOLDER

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MAXXER BETA IS LIVE – THE SOCIAL TRADING EXCHANGE

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ASIA BROADBAND INC. READY TO LAUNCH PAYAABB CRYPTO PAYMENT GATEWAY

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BITCOIN SEES RESISTANCE AT $21K AS INVESTORS RECORD LOSSES OF OVER $7B

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Cryptonaire Weekly | June 21th 2022

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UK SCRAPS PLAN TO MONITOR UNHOSTED DIGITAL WALLETS

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06 28

NFT MARKET SUMMARY JUNE 18, 2022

LUNAONE: A DECENTRALISED ECONOMY

‘BITCOIN DEAD’ GOOGLE SEARCHES HIT NEW ALL-TIME HIGH

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MUSICOLOGY: MUSIC ECOSYSTEM ON THE BLOCKCHAIN

ELON MUSK REITERATES SUPPORT FOR DOGECOIN AFTER FACING $258,000,000,000 CRYPTO LAWSUIT

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DEFI TOTAL VALUE LOCKED (TVL) DECLINES 35% IN ONE MONTH TO 15-MONTH LOWS

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RUSSIAN FINANCE MINISTRY RULES OUT SALE OF OIL FOR BITCOIN

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WEB3 BROWSERS ARE A GATEWAY TO THE DECENTRALIZED WORLD

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PROSHARES WILL LAUNCH ETF AIMED AT SHORTING BITCOIN FOLLOWING DIP UNDER $20K

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SOLANA, ETHER LEAD GAINS IN RELIEF RALLY, BUT TRADERS SAY MACROECONOMIC CONCERNS REMAIN

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SOLANA LENDING DAO OVERTURNS VOTE TO TAKE OVER AT-RISK ‘WHALE’ WALLET

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TETHER FACES RANSOM DEMAND AND MASSIVE DENIAL OF SERVICE ATTACK, ACCORDING TO CTO PAOLO ARDOINO

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WHY VITALIK BUTERIN IS NOT WORRIED ABOUT ETHEREUM CRASHING

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MCKINSEY: THE METAVERSE COULD GENERATE $5 TRILLION BY 2030 — 'SIMPLY TOO BIG TO BE IGNORED'

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CELSIUS FACES A POTENTIAL SHORT SQUEEZE; $20M BOUNTY OUT ON INFO ABOUT POSSIBLE ATTACK

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BITCOIN IS SAFE AND WILL GROW, EL SALVADOR PRESIDENT SAYS, AS HE CALMS HIS PEOPLE’S NERVES

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EDITORS LETTER Bitcoin dropped to $17,567 on June 18, its lowest level since November 2020. The drop below $20,000 was the first occasion in Bitcoin’s short history that it breached the all-time high made during the previous bull market cycle. Traders fear that if Bitcoin starts to trade below $20,000, it could lead to margin calls and forced liquidations. Jeffrey Gundlach, CEO of DoubleLine Capital, expects Bitcoin to drop to $10,000. Some institutional investors seem to be dumping their positions in a hurry. Canada's Purpose Bitcoin exchange-traded fund (BTCC) and 3iQ CoinShares Bitcoin ETF, have both witnessed massive liquidations in the past few days. BTCC’s holdings plunged from 47,818 Bitcoin to 23,307 Bitcoin between June 16 and June 17 while 3iQ’s stash reduced from 23,917 Bitcoin on June 1 to 12,668 Bitcoin on June 17.

We expected bulls to defend the $20,000 support but the bears had other plans. They pulled the price to $17,567 on June 18 but could not sustain the lower levels. This suggests strong buying on dips. The BTC/USD pair rose back above $20,000 on June 19 but the buyers are struggling to build upon this recovery. If the price turns down from the current level, it will suggest that bears have flipped the $20,000 level into resistance. That could increase the possibility of a drop to $17,567. If this level cracks, the next stop could be the support line of the descending channel near $16,000. Conversely, if buyers sustain the price above $20,000, the pair could rally to the 20-day exponential moving average (EMA). This is an important level to watch out for. If the price turns down from this level but rebounds off $20,000, it will suggest that buyers are attempting to form a higher low. The bulls will then attempt to push the price toward the 50-day simple moving average (SMA). A break and close above this resistance could indicate a potential change in trend.

Lastly please check out the advancement’s happening in the cryptocurrency world. Enjoy the issue!

Karnav Shah Founder, CEO & Editor-in-Chief




CRYPTONAIRE WEEKLY After mentoring thousands of crypto traders around the globe, we have culminated all of the consistent and ongoing requirements of crypto-traders into one place. Our Cryptonaire Weekly magazine includes expert technical analysis, providing trading opportunities to our subscribers as well as fundamental analysis so our readers can keep up to speed with the current developments in the crypto markets. Not only do we provide the information necessary to trade active cryptocurrencies on the exchanges, but we also take a look at ICOs to help you find those golden projects with real value! No longer will you have to rely on multiple sources to keep on top of the markets, we deliver everything directly to your inbox each and every week. What are you waiting for? Subscribe now!

Featuring in this weeks Edition: - Globiance

- Maxxer

- Brise Paradise

- Asia Broadband

- LunaOne

- Musicology

- DDC

- Age of Zalmoxis

- DC Pay

Also Get, - Markets Analysis - Market News Update - Read Our Latest Blog: LUNAONE: A DECENTRALISED ECONOMY MUSICOLOGY: MUSIC ECOSYSTEM ON THE BLOCKCHAIN

For Latest update

Cryptonaire Weekly | June 21th 2022

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WEEKLY CRYPTOCURRENCY MARKET ANALYSIS Hello, welcome to this week’s 239th edition of Cryptonaire Weekly Magazine. The global crypto market cap is $943 Billion, down $14 Billion since the last week. The total crypto market trading volume over the last 24 hours has increased by 5.66% to $75.55 Billion. The DeFi volume is $6.76 Billion, 8.95% of the entire crypto market’s 24-hour trading volume. The volume of all stable coins is $65.98 Billion, 87.33% of the total crypto market’s 24-hour trading volume. Bitcoin’s price has decreased 4.87% from $22,605 last week to around $21,505 and Ether’s price has decreased by 4.07% from $1,230 last week to $1,180 Bitcoin's market cap is $411 Billion and the altcoin market cap is $532 Billion. Bitcoin dropped to $17,567 on June 18, its lowest level since November 2020. The drop below $20,000 was the first occasion in Bitcoin’s short history that it breached the all-time high made during the previous bull market cycle. Traders fear that if Bitcoin starts to trade below $20,000, it could lead to margin calls and forced liquidations. Jeffrey Gundlach, CEO of DoubleLine Capital, expects Bitcoin to drop to $10,000. The selling is not limited to cryptocurrencies, United States equities markets also plunged sharply last week. The S&P 500 fell 5.8% to its worst level since March 2020 and the Nasdaq Composite dropped 4.8%. Both the indices are in bear market territory. The S&P 500 is down 23% from its all-time high while the Nasdaq is off 33% from its record high. In comparison, the crypto universe has seen a much sharper fall. According to data compiled by CoinGoLive, 72 out of the top 100 coins have plunged more than 90% from their all-time high. The collapse of the Terra ecosystem, the crisis at crypto lending platform Celsius, liquidity issues at crypto hedge fund Three Arrows Capital, and the de-pegging of Staked Ether or stETH from its underlying Ether have created a sense of panic among crypto investors.

Percentage of Total Market Capitalization (Dominance)

Bitcoin

43.30%

Ethereum

15.03%

Tether

7.47%

USD Coin

6.17%

BNB

3.88%

BUSD

1.90%

Cardano

1.82%

XRP

1.72%

Solana

1.32%

Dogecoin

0.88%

Others

16.50%

Some institutional investors seem to be dumping their positions in a hurry. Canada's Purpose Bitcoin exchange-traded fund (BTCC) and 3iQ CoinShares Bitcoin ETF, have both witnessed massive liquidations in the past few days. BTCC’s holdings plunged from 47,818 Bitcoin to 23,307 Bitcoin between June 16 and June 17 while 3iQ’s stash reduced from 23,917 Bitcoin on June 1 to 12,668 Bitcoin on June 17. However, after the sharp fall, some analysts are hopeful that the crypto markets may soon start to bottom out. Giles Keating, director of Bitcoin Suisse, told CNBC that “some of the real excess leverage has now been driven out of the system and a bottom can begin to be formed.”

Cryptonaire Weekly | June 21th 2022

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CRYPTO TRADE OPPORTUNITIES BITCOIN - BTC/USD suggest that bears have flipped the $20,000 level into resistance. That could increase the possibility of a drop to $17,567. If this level cracks, the next stop could be the support line of the descending channel near $16,000. Conversely, if buyers sustain the price above $20,000, the pair could rally to the 20-day exponential moving average (EMA). This is an important level to watch out for. We expected bulls to defend the $20,000 support but the bears had other plans. They pulled the price to $17,567 on June 18 but could not sustain the lower levels. This suggests strong buying on dips. The BTC/ USD pair rose back above $20,000 on June 19 but the buyers are struggling to build upon this recovery.

If the price turns down from this level but rebounds off $20,000, it will suggest that buyers are attempting to form a higher low. The bulls will then attempt to push the price toward the 50-day simple moving average (SMA). A break and close above this resistance could indicate a potential change in trend.

If the price turns down from the current level, it will

Previous Analysis...

ETHEREUM - ETH/USD buyers will again try to push the price above $1,250. If they manage to do that, the ETH/USD pair could rally to the 20-day EMA. This is an important level to watch out for because the bulls have not been able to sustain the price above it since April 6. If the price once again turns down from the 20-day EMA, it will suggest that the sentiment remains negative and traders are selling on rallies. The bears will then make one more attempt to pull the price toward $879. A break and close below this support could open the doors for a decline to $715.

Buyers defended $1,000 from June 15 to June 17 but could not sustain the price above $1,250. This indicated a lack of demand at higher levels. The sellers used this opportunity and pulled Ether to $879 on June 18.

On the contrary, a break and close above the 20-day EMA will indicate that the bears may be losing their grip. The pair could then rise to the breakdown level of $1,700.

A minor positive is that bulls purchased the dip as seen from the long tail on the day’s candlestick. The

Cryptonaire Weekly | June 21th 2022

Previous Analysis...

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BINANCE - BNB/USD If buyers sustain the price above $211, it will suggest that the breakdown on June 18 may have been a bear trap. That could attract short-covering from the aggressive bears, pushing the price to the 20-day EMA. If the price turns down from this level, the bears will again try to sink the pair below $211 and challenge the $183 support. On the other hand, if buyers clear the overhead hurdle at the 20-day EMA, the pair could rally to the 50-day SMA. This level may again act as a strong resistance but if bulls overcome this barrier, it will suggest that the pair may have bottomed out at $183.

We had highlighted in our previous analysis that if the $200 level cracks, the next support is at $186. Binance Coin bounced off $183 on June 18 and the bulls have pushed the price back above the breakdown level of $211.

Previous Analysis...

RIPPLE - XRP/USD a positive divergence indicating that the bearish momentum could be weakening. The bulls will again try to push the price above the 20-day EMA. If they manage to do that, the XRP/USD pair could rise to $0.38 which could again act as a resistance. If bulls overcome this barrier, the up-move could reach $0.45. Alternatively, if the price turns down from $0.38, the pair could plummet toward $0.29 and remain range-bound between these two levels for a few days. The bears will have to sink and sustain the price below $0.29 to signal the resumption of the downtrend. The next support on the downside is $0.24.

The bulls successfully defended the support at $0.29 for the past few days but struggled to start a recovery. This suggests that bears continue to sell on minor rallies.

Previous Analysis...

However, the relative strength index (RSI) has formed

CARDANO - ADA/USD selling pressure may be reducing. The buyers will have to push the price above the moving averages to capitalise on this situation. If they do that, the ADA/USD pair could rally to the overhead resistance at $0.70. This level may again act as a stiff hurdle and if the price turns down from it, the pair may extend its range-bound action for a few more days. Contrary to this assumption, if the price turns down from the 20-day EMA, the bears will again try to pull the pair below $0.39. If they succeed, it will signal the start of the next leg of the downtrend. The pair could then decline to $0.30.

Cardano has been consolidating in a large range between $0.39 and $0.70 for the past several days. A positive sign is that the bulls have not allowed the price to dip below its May 12 intraday low of $0.39.

Previous Analysis...

The positive divergence on the RSI suggests that the

Cryptonaire Weekly | June 21th 2022

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Cryptonaire Weekly | June 21th 2022

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Introduction The recent mayhem in the crypto markets and its widespread implications has led to critics raising doubts about the reliability and the future of crypto as an asset class for investment. Investors are moving away from most risky assets, including crypto, and looking for safe haven investments, as slowing business growth and high inflation spook fear, uncertainty and doubt in their minds. The series of layoffs announced recently by crypto firms are boosting their narratives of the critics, despite layoffs happening in other industries too. Smaller cryptocurrency exchanges were the first to announce layoffs, with most citing the bear market as the main driver behind their decisions. However, with crypto adoption having sprouted over previous years and more venture capital money flowing in the space, experts are arguing this could be a milder crypto winter. A crypto winter is often referred to as a period of large consolidation in the market and typically has three identifiers – decline in revenue from outside of the industry, retail speculation and venture capital. In fact, going by the volume of venture capital that are still willing to back innovative and disruptive projects in Web 3.0, it is clear that the serious backers of crypto and NFT far outnumber the naysayers. Almost every week, we see more than one venture fund being launched that are focused on crypto and Web 3.0. Besides, the rise of NFT continues to benefit people

Cryptonaire Weekly | June 21th 2022

from people from all walks of life. For instance, the government of Ukraine crypto fund-raising campaign sold a donated CryptoPunk NFT in June and raised over US $100,000 to support its war against Russia. Read on to find out more on the recent happenings in the world of crypto and NFT.

CryptoPunk sale raises US $100,000 in Ether to support Ukraine war effort The Ukraine government has said its Aid for Ukraine crypto fund-raising campaign has sold a donated CryptoPunk NFT and raised more than US $100,000 to support its ongoing war efforts against Russia. The CryptoPunk #5364 was donated to the Ukrainian crypto fund in March and was sold to an anonymous buyer earlier this month for 90 ETH, which is over US $100,000 in value, as per the current market price of Ether. Ukraine began accepting crypto and NFT donations from late-February, shortly after Russian troops invaded Ukraine, and is believed to have raised over US $135 million in crypto through cryptocurrency donations and sale of donated NFT.

TAG Heuer smartwatch

launches

NFT-enabled

Swiss luxury watchmaker TAG Heuer has launched a new smartwatch that displays NFT and connects to crypto wallets such as Metamask and Ledger Live. It has partnered with popular NFT community such as Bored Ape Yacht Club (BAYC) and CLONE-X for the purpose.

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The device is set to support static as well as animated NFT artwork, and multiple NFT can be transferred to the watch at a time. TAG Heuer said the NFT artwork can be resized and placed within three available designs within the watch.

Under the guidelines set in the revised policy, accounts involved with the issuance, trading and financing of crypto or NFT will either be restricted or banned. They will also fall under ‘illegal business’ category.

The smartwatch will also be able to connect to the blockchain and verify the NFT owned by the wearer. The new NFT feature is set to be available as a free update to all TAG Heuer Calibre E4 owners through Apple’s App Store and Google Play.

The new policy also covers secondary trading of NFT. WeChat has over 1.1 billion daily users in China.

NFT event sold out weeks ahead of its debut In the midst of uncertainty surrounding the future of crypto, Vibrant, an NFT event holding its first edition in Latin America, has generated so much interest that the debut event has been sold out weeks ahead of its official launch on June 24thin the Argentine city of Rosario. It is organized by artists and producers from the region in partnership with companies and projects that promote the event. Following its debut in Latin America, the event will soon be held around the world and showcase a new way of thinking and conceiving art. The dazzling exhibition of NFT is a result of careful curatorship of artists from all over the world. Vibrant will also schedule multiple conferences with today’s most current topics – the metaverse, cryptocurrencies, the future of NFT, the creation of digital art and the benefits of blockchain technology. These topics and more will be featured in debates led by experts in their respective fields.

MoonPay launches NFT platform with Universal, Fox MoonPay is launching a new NFT platform called HyperMint, in partnership with Universal Pictures, Fox Corporation and Snoop Dogg’s Death Row Records. The new platform will enable large brands, agencies and enterprises to mint hundreds of millions of NFT per day, scaling up an operation that earlier took months. The underlying technology and the platform itself present a big opportunity for legacy brands like Fox and Universal, which are sitting on decades of intellectual property.

China’s WeChat bans crypto and NFT related accounts China’s top social media platform WeChat has updated its policies to ban accounts that provide access to crypto or NFT related services.

Cryptonaire Weekly | June 21th 2022

Web 3.0 platform Exclusible launches luxury penthouse NFT on Spatial NFT marketplaceExclusible has launched luxury penthouse NFT in the Spatial metaverse. The 500 virtual square meter spaces feature vast conferencesuite-meets-reception areas, screening rooms for short films or live streaming, bedrooms with super king-size beds, wraparound roof terraces with dance floors and jacuzzi and a helipad with a fully animated helicopter. The penthouse come in five different versions, with skyboxes offering panoramic views of Paris, Miami, Las Vegas, New Caledonia and Dubai. Purchasers can expect future utilities. One penthouse utility is each one’s NFT gallery, where owners can showcase their portfolio as virtual wall-hung artworks. One click pulls up each one’s OpenSea details. Results from a survey conducted by Exclusible on LinkedIn showed that 38% of interested parties are consultancies, brands and agencies, 25% are individuals, 16% are NFT collectors and 10% are professional investors. The top three participating nationalities are users from the US, Singapore and Japan.

Conclusion When you look at the recent losses incurred in the crypto space, there seems to be a case for some discipline and oversight, if not regulation, to ensure a large swathe of investors do not lose their money due to some negligence or unethical actions of a few individuals. Investors should not lose millions due to few greedy individuals and must have the necessary legal recourse. However, ignoring the entire crypto space forever due to the recent turmoil would be akin to missing the forest because of the logging industry. There are many disruptive projects in Web 3.0 that are silently in the works unethical activities of few individuals in the crypto industry should not deter them from their mission. The launch of NFT-enabled devices such as smartwatches and televisions by well-known global brands are further proofs or validation of the bright future for crypto and NFT and also their potential use cases. Hope you enjoyed reading it.

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As more and more people have a genuine interest in the virtual space for entertainment, work, commerce, and everyday life, there has emerged a desire for like-minded people to better foster social connections. The LunaOne metaverse has harnessed these transformative opportunities by developing an augmented VR-based world independent of our physical one, where people can socialize and engage in a seemingly unlimited variety of virtual experiences, all supported by the exclusive XLN

Cryptonaire Weekly | June 21th 2022

token. Most metaverses are based on third-party blockchains and use NFTs as the basis of interaction in the ecosystem. LunaOne is one of the unique projects in the metaverse. LunaOne is a decentralized virtual place that allows you to earn, study, shop, or game in a seamless Web 3.0 environment. It uses an open-world concept to give users the full benefits from games, education, work, and other activities in

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the metaverse. Unlike other projects in the metaverse with LunaOne, you can connect the virtual and the real world by receiving virtual benefits that have value in the real world. The link between the virtual and the real world is made possible through a personal avatar. Once LunaOne is launched, it will have several development paths, including business, gaming, entertainment, and education. Each path will have two main characteristics: Limitless: Avatars can earn tokens by working on the platform. They can also study and apply knowledge and scientific work and participate in different events. Simplified: Avatars can finish any task or use the hyperverse for gaming to gain experience and rewards.

LunaOne Features DAO – Decentralised decision making LunaOne was created with people in mind; hence, the people make decisions for the platform through voting. This ensures fairness as people can make decisions that favor them. Uses a custom blockchain Unlike other metaverses based on third-party blockchains, LunaOne uses a custom blockchain. This ensures it’s decentralized and can handle various tasks and activities planned for release. Having a custom blockchain also helps to avoid third-party infrastructure fees and inconveniences. This makes LunaOne cheaper and more efficient. Has real-world benefit The development of its avatars makes it possible to have real-world benefits. This is unlike other metaverses, where the benefits are limited to the virtual world. LunaOne uses a decentralized server LunaOne uses a native distributed file cloud to ensure it has maximum decentralization. That means there’s nothing stored on centralized servers or third-party sites. Limitless opportunities Since LunaOne is decentralized and is on the metaverse, it provides limitless opportunities for users. With avatars, you can have anything in the virtual world and enjoy the benefits in the real world.

Cryptonaire Weekly | June 21th 2022

LunaOne uses a community-driven launchpad for NFT This makes it possible for non-blockchain developers to add NFTs to the platform. LunaOne allows users to use the same NFT across the platform This is unlike many metaverses whereby the NFTs have limited applications. The LunaOne Launcher gives users a lot of possibilities for internal decentralized products.

LunaOne Economy The LunaOne platform will be governed by its native XLN token. The token will initially be launched on the Binance Smart Chain before the platform launches its decentralized blockchain on the metaverse. The Binance Smart Chain has been selected for its affordability during purchase and long-term stability. The token has been made such that it is a high interest-bearing asset, which will help its users directly get revenue to their wallets. The token will allow users to earn money. Some of its benefits include: Passive Income For every token sent, the platform charges a 2% transaction fee. The fee is then distributed to all token holders in the ecosystem, which is an excellent way to earn passive income. Governance All XLN token holders will use that token for governance. The voting rights will depend on the number of tokens they’re holding. The more tokens they have, the higher the voting power. Voting will be for the regular decisions of the ecosystem, such as how the coin will be used or how the platform will develop. VIP access Holders with a certain number of tokens will have access to VIP areas, features, and benefits. For anyone to access the LunaOne metaverse, you will need to have the XLN tokens. Tokens will help them acquire some of the best assets in the LunaOne metaverse, such as condos, ships, and NFTs.

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The LunaOne metaverse will be based on the LunaOne chain, its blockchain. It has been designed to deliver 400,000 transactions per second, which will make it one of the fastest blockchains. This will be possible by integrating Directed Acyclic Graph (DAG) technology and Distributed Ledger Technology (DLT). The LunaOne chain will give the platform its maximum potential.

LunaOne Project The LunaOne project will be based on Web 3.0 as its foundation. There will be a decentralized file storage in the metaverse, which will enable all the users to collect and store data by distributing and segmenting it among all users of the LunaOne metaverse. Through the LunaOne launcher, users will have the power to become a storage node and, in return, give hard disk space as a reward. As mentioned earlier, LunaOne was made with the community in mind. Through the LunaOne streaming platform, the community will have its own internal streaming service to drive engagement. The platform aims to encourage users to stream their own gameplay and watch others. There will also be an incentive system for the same. A streamer will either get an avatar for the extra experience or get rewards in tokens for having a follower base.

tickets for the events will be purchased using the tokens. The platform plans to support various sports, concerts, competitions, tournaments, and virtual events. LunaOne will be a form of real estate as it will be split into different districts. Users have the chance to use the avatars to buy real estate or to invite friends to visit them. Properties will be in the form of NFTs and put in different classes and customizations. Different properties will allow the avatars to access new quests, change looks, invite friends, or participate in various events for prizes. Through the LunaOne Launcher, users will access decentralized file storage, communications, and video streaming platforms. Through the Launcher, it will also be possible to access the first version of events before the LunaOne metaverse is live. LunaOne will have a lottery where it will distribute the rarest NFTs. All token holders are eligible for the distribution, and they will be able to use the NFTs in the metaverse. LunaOne will have an NFT marketplace where users can sell or exchange their NFTs.

Conclusion The platform also plans to have a decentralized messaging service. Inside the LunaOne metaverse, DFS will store all communication, which will give users confidence in data security. Users will also have the freedom to create personalized groups or channels. LunaOne is also working on an AR/VR device by partnering with relevant manufacturers. It plans to release a branded device for the project, enabling users to better interact with the avatars. LunaOne will hold different events without necessarily needing any third-party providers. Any

Cryptonaire Weekly | June 21th 2022

There is no doubt that LunaOne has been made with the user in mind. The convenience that the ecosystem comes with makes it irresistible. Its metaverse, tokens, and features make it one of the best you will ever come across. Users are always looking for a place they can have fun while still interacting with others and making money on the side. Currently, the XLN token is on sale at a 15% bonus. The bonus decreases by day, and thus it is better to act fast for a higher bonus. One can buy the tokens directly from the website using crypto or bank transfer.

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Cryptonaire Weekly | June 21th 2022

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PRESS RELEASE

101-year-old Robert McAdam, PhD, a former WWII POW and Purple Heart recipient, is the world’s oldest known collaborative NFT artist. His 3,000-piece generative NFT art collection is entitled “peace101.” The American war veteran’s collection is planned to be auctioned in June of this year and is expected to appeal to a global audience. Images of the art series will be previewed during the “reveal,” shortly before the announced auction date. The current blockchain NFT craze and the web 3.0 takeover is not just for Millennials and Zoomers. Today, the Digital Development Corporation, (www.ddc1.com) in collaboration with Dr. McAdam, announces its first NFT production from the “G.I. Generation.” Born in Chicago in 1920, Robert (Bob) McAdam is among the few surviving veterans of World War II. As a navigator during the war, his bomber was shot down over Austria. Parachuting from the plane, Bob broke ribs as he fell through trees, and he suffered internal bleeding. Bob was captured and forced into the Nazi POW camp Stalag Luft I, in Barth, Germany until his liberation in 1945. Bob was awarded the Purple Heart for his injuries suffered from enemy action. After his experiences in WWII, Bob earned his PhD in physical education and was a professor of kinesiology. Additionally, from an early age, Bob proved himself to be an accomplished athlete. In his high school

Cryptonaire Weekly | June 21th 2022

years, Bob played on the city championship baseball team and won medals in boxing. In his 50s, Bob became a state Senior Olympic handball champion. Also, in his 50s, Bob began to play racquetball. He went on to become a four-time world Seniors racquetball champion, and at the age of 85, he was inducted into the International Masters Racquetball Hall of Fame in Canton, Ohio. At 96, in an unsanctioned race, Bob broke the world record for the fastest 5K run in the 95 and older age group. One year later, at the age of 97, in a sanctioned race, he once again broke the world record for running the fastest 5K in the 95 and older age group. Bob’s World War II POW experience and his desire for global unity make his NFT series “peace101” particularly powerful. More information about the featured artist is available at www.ddc1.com. These are the “peace101” NFT Collectible Series and each image with different icons on the right side represent various reference points and events in the life of Bob McAdam. To learn more about the “peace101” collectible series, go to: www.ddc1.com. Images of the art series will be previewed in a “reveal” shortly before the announced auction date, which will be preceded

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by a press announcement. Follow the DDC on Twitter, Discord, Telegram.For press inquiries, contact Charlotte Luer: cluer@ljhfm. com or email inquiries to: info@ddc1.com Karnav Shah, Editor in Chief at Cryptonaire Weekly thinks highly of the DDC project, he explained: “NFT

Cryptonaire Weekly | June 21th 2022

Project like DDC which is based on an American war veteran’s NFT “peace101″ collection are exciting. We are honoured to work on a project for the oldest known NFT artist – Robert McAdam and we will make sure to help them reach the larger crypto community by sharing more about these NFT collectibles with our readers and across our community channels.”

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TAG Heuer, a Swiss luxury watchmaker, has unveiled a smartwatch that is capable of not only displaying NFTs but also linking crypto wallets dabbed the, TAG Heuer Connected Calibre E4. TAG Heuer, in collaboration with Bored Ape Yacht Club and CLONE-X, has unveiled an NFT-enabled smartwatch that has the ability to display NFTs as well as connect to crypto wallets. Some of the wallets you can access include Ledge Live and MetaMask. The TAG Heuer Connected Calibre E4 functions with the help of a smartphone enabling users to transfer their NFTs.

All updates to its functionality will be accessible through Apple’s App Store and Google Play. As part of TAG Heuer’s growing digital ecosystem, the TAG Heuer Connected Calibre E4 is easy to use, enabling it to work across the 45mm and the 42mm models of the watch. Other than displaying the NFT collection, owners of the TAG Heuer Connected Calibre E4 can also display your photo library alongside the usual watch functions.

As an added advantage, users can transfer more than one NFT to the watch as it is capable of supporting both static and animated NFT artwork. During the launch, TAG Heuer unveiled that the NFT artwork can be resized with the ability to place the NFT under the three available watch designs. The available NFTs come in image form, and animated GIFs form. This watch supports both forms while at the same time animations looping infinitely. Among its key features, this NFT-enabled smartwatch connects to the blockchain to enable verification of NFTs owned by the user. This feature displays verified NFTs in a Hexagon with a cloud of particles gravitating around the image. All TAG Heuer Connected Calibre E4 owners will have free access to the smartwatch functionality.

Cryptonaire Weekly | June 21th 2022

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The government of Ukraine has sold a CryptoPunk NFT to raise over US $100,000, which will be used in its war efforts against Russia, Alex Bornyakov, deputy minister of digital transformation of Ukraine, has tweeted. The CryptoPunk #5364 was donated to the ‘Aid for Ukraine’ crypto fund-raising campaign in March and the Fund has sold the NFT in early June to an anonymous buyer for 90 ETH, which is worth more than US $100,000 in value, based on the current market rate of Ether. Ukraine has so far raised over US $135 million in cryptocurrency and NFT donations since the Russian invasion started in end-February, he said, while adding the first wave of crypto donations has since subsided. In a situation, where the national bank is really not operating, crypto is helping to perform fast transfers, make it very quick and get results almost immediately, he has reportedly told in a Zoom call. However, the Ukrainian deputy minister also clarified that Ukraine’s crypto donations were not playing “a major part” in the nation’s wider economy but that they remained “essential in this conflict”. The ‘Aid for Ukraine’ Fund was launched in March by the Ukrainian government to help enable crypto donations aimed at helping Ukraine in its war efforts against Russia. The crypto Fund helps Ukraine purchase non-lethal supplies for Ukraine’s military and the supplies range from bullet-proof vests to

Cryptonaire Weekly | June 21th 2022

medical supplies. The ‘Aid for Ukraine’ Fund is co-operating with the cryptocurrency exchange FTX, which converts crypto funds received into fiat currency and sends the donations to the National Bank of Ukraine. This marks the first-ever instance of a cryptocurrency exchange directly co-operating with a public financial entity to provide a conduit for crypto donations. Apart from humanitarian aid from various organizations, Ukrainian government officials have been appealing to the global crypto community to support their fight by donating in crypto assets, ever since the Russian invasion started in endFebruary. Many artists have also started releasing Ukraine-themed NFT and channeling the proceeds to the cause. In early March, a crypto group raised US $6.75 million for the country’s war efforts through the sale of a single NFT of the Ukrainian flag. A few weeks ago, at this year’s Eurovision champions, the Ukrainian rap group Kalush Orchestra auctioned off their trophy from the music competition to raise almost US $1 million in ETH for the Fund. A bulk of the corpus of the ‘Aid for Ukraine’ Fund has already been used to provide vital essentials, such as food for civilians and protective gear for the nation’s soldiers. According to Bornyakov’s tweet, cryptocurrencies donated to Ukraine have been “transferred to the needs of the (Ukrainian) Army”.

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Cryptonaire Weekly | June 21th 2022

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PRESS RELEASE

Globiance – The worlds first Banking & Digitalexchange platform combined, is one of the most exciting exchanges in the Digital Marketplace! The Banking / Digital-Asset Exchange-hub, is announcing the launch of 13 new platforms worldwide in addition to European platform already in operation. GBEX – the deflationary ‘Native Token’ of Globiance, entered new territory since its release last year, trading in April at an ATH of 0.00000284, crossing the 1Billion Market Cap. GBEX Token’s outstanding utility, combined with burn&reward system is poised to raise the standard for digital-asset tokenomics. Coming July 2022!! – Globiance is set to release upgrades on all of it’s platforms – including; - A Brand-new trading-engine, designed with increased operability, and scalability. - Globance Referral ‘REWARDS’ system – Get Rewarded for referring your friends. - The Addition of ‘Limit Trading’ to the Globiance App.

- An additional GBEX Rewards Incentive is coming!! This will be a fun and exciting way to get rewarded just for increasing your GBEX holdings! Level-up your holdings to unlock your rewards!! - You can still purchase GBEX tokens at an affordable price for life-changing amounts. Get your GBEX tokens today and sit back, relax and watch how fast your investment grows. “By the end of 2024, Globiance will be one of the top 20 Exchanges -Worldwide!” – Oliver Marco La Rosa Visit Globiance.com to learn more. Discussing the Globiance Project, Editor in Chief at Cryptonaire Weekly Mr Karnav Shah noted: “Globiance brings to the users a platform which combines the flexibility of a multi-currency account and the option of a Crypto Wallet at the same place. I’m sure learning about Globiance’s solution is an enriching experience for both our analysts and readers. I am positive, we will be the first to share the new developments taking place with the Globiance project."

- User Interface (UI/UX) improvements, creating an even smoother “user-friendly” experience.

Cryptonaire Weekly | June 21th 2022

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Brise Paradise is building a space in the Maldives for the crypto community to spend a vacation enjoying paradise on earth, launch products, collaborate on projects, or celebrate wins with their team. Brise Paradise has officially started its hotel construction marking the first step in creating an ecosystem in the Maldives. The Brise Paradise project will be done in two phases. Phase 1 entails the opening of the Brise Paradise Hotel on a local Maldivian island. Launching the hotel will be the first step toward realizing Brise Paradise’s larger objectives in the next phase. When ready, phase 2 will see the opening of a Private Resort in the Maldives. Once the hotel opens, the Brise Paradise team plans to partner with Brisepad to host the first of its kind developer’s hackathon in 2023. Notably, the event will be held annually at the Private Decentra-Island in the Maldives. The event will award special recognition prizes to project teams. The awards will be given in 10 different categories. At the core of the project is the Brise Paradise (PRDS). The PRDS tokens have a total supply of 1,000,000,000 tokens. For investors and token holders, everything achieved by the token will always come back as reinvestment in the token. The token is listed on CoinMarketCap, CoinGecko, Bibox, and Sphynx Labs. Bitgert is about to launch wrapped stablecoins, a move intended at making it easier for people to join

Cryptonaire Weekly | June 21th 2022

the ecosystem. The wrapped stablecoins will allow users to buy native brise and then swap it for PRDS or buy PRDS from stablecoins too. Brise Paradise’s Founder & CEO, Mr. Haisham quoted, “Brise Paradise is a unique project using tokenization to fuel our business. The amount of dedication from the project team and the community is outstanding and we couldn’t be stronger! The Hotel and Private Island Resort is not just a dream, we have started the construction of the Hotel in early June and I expect us to open our doors of the Hotel to the community as early as summer 2023. This is when phase 2, the Private Island Resort will commence by first step being to acquire a private island in Maldives. The partnership with Brise Paradise and Platinum Crypto Academy will surely be an amazing start to a greater journey for both PRDS and the Platinum Crypto Academy community. I hope to deliver a solid project of which both communities are proud to be apart of.” Articulating the Brise Paradise project and it’s solutions, Karnav Shah, Editor in Chief at Cryptonaire Weekly said: “Brise Paradise is doing a wonderful job in creating a space for the worldwide crypto community in Maldives. Their Hotel construction has also started full swing and I’m sure learning about Brise Paradise is going to be an enriching experience for both our analysts and readers. I am positive, we will be the first to share the new developments taking place with the Brise Paradise project.”

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The long awaited maxxer beta is finally live. This is an exciting opportunity for crypto enthusiasts to have a first-hand experience of the social trading exchange platform. It has been two years of waiting and finally, the product is here. The main aim of the beta is to test the product in the market before the platform finally goes live. This will help in identifying and fixing any bugs, test the mechanics, and making improvements for a great user experience. The beta will happen in a few rounds and all rounds will have zero trading fees. The first round – closed beta – is set to be an invite-only round to a specified number of $MXXR holders. The second round – open beta – is where all token holders can participate but it will have limited functions. The third round – open beta – is where all $MXXR holders are eligible and it will have more social trading features added. For the invite only, it will be a random selection, so long as one holds the tokens. They will be the first group to experience the user interface of the exchange.

following. The platform will use its UI to give traders tips and hints if they want to do copy trading. Apart from copy trading, the exchange will also have a Social Trading League, whereby traders compete for rewards. Beta testers will have the privilege of knowing how the league works and its rules before the platform goes live. The platform will feature the maxxer social tab, which will be a social media network within the exchange itself. Traders have the option to create content and start posting about their trades or anything crypto related on the beta.

About Maxxer The first community driven crypto exchange with social trading at its core. Copy expert traders and make money handsfree. Read more here: https:// www.maxxer.com/

Even though it is a beta round, there are over 30 crypto pairs already listed, such as BTC, XRP, ETH, SHIB, DOGE, etc. The coins will be according to the current market rate. Social trading is an interesting concept in the trading world as any trader can copy from the experts in the market. maxxer is happy to enable that feature. Even on the first round of beta, traders can prove their trading skills and this will help them get a

Cryptonaire Weekly | June 21th 2022

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Asia Broadband, Inc. (OTC: AABB) is excited to launch in early July 2022 its PayAABB, an online crypto payment gateway for merchants. With this new product, businesses can offer their customers the opportunity to complete transactions in Bitcoin, Ripple, Ethereum, Litecoin, AABBG & more as a payment option on their website or on the go. With no hardware required and a quick and seamless setup process, PayAABB sees Asia Broadband push the envelope once more as they take their crypto project to the next level.

price of gold, AABBG functions in the same way as a stablecoin with the token price supported at a minimum of 0.1 grams of the spot price of gold. The unique aspect of AABBG is its vertical integration of mine-to-token gold-backing, which is unlike any other gold-backed cryptocurrency. AABBG benefits from the upsides of both gold and cryptocurrency, delivering a built-in level of price stability without negating the potential for price appreciation from both markets.

The AABB Wallet and Exchange Crypto payments rely on blockchain technology, setting new security standards in the financial world. As part of this technological revolution, cross-border payments and peer-to-peer transactions have become safer and more widely available. Moreover, it eliminates the requirement for intermediaries or trustworthy third parties. As a result, they make transactions faster, cheaper, and available 24/7 for 365 days a year.

To support and drive up the rate of adoption of AABBG, the company also released in January a proprietary digital exchange called AABB Exchange.

The company’s imminent crypto payment gateway, PayAABB, will connect with the rest of the AABB solutions to provide a highly lucrative tool for both businesses and customers.

*Earnings Disclaimer: The information you’ll find in this article is for educational purpose only. We make no promise or guarantee of income or earnings. You have to do some work, use your best judgement and perform due diligence before using the information in this article. Your success is still up to you. Nothing in this article is intended to be professional, legal, financial and/or accounting advice. Always seek competent advice from professionals in these matters. If you break the city or other local laws, we will not be held liable for any damages you incur.

The AABB Gold Token (AABBG) AABBG was the first crypto offering from Asia Broadband, and it remains its cornerstone one year on. As a hybrid cryptocurrency backed by the underlying

Cryptonaire Weekly | June 21th 2022

These new additions to the company’s crypto offerings give AABBG token holders quick and easy access to liquidity and the ability to instantly exchange AABG for other cryptocurrencies such as Bitcoin, Ethereum, or Solana.

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ADVANCEMENTS IN THE CRYPTOCURRENCY WORLD BITCOIN SEES RESISTANCE AT $21K AS INVESTORS RECORD LOSSES OF OVER $7B On-chain data shows investors exited positions acquired at much higher prices over the past three-day period. Investors exited bitcoin (BTC) positions worth a record $7.3 billion over the past few days, amounting to the biggest U.S. dollar denominated losses in the asset’s history, data from analytics firm Glassnode shows. Realized loss denotes the total loss (U.S. dollar value) of all moved coins whose price at their last movement was higher than the price at the current movement, as per Glassnode. The tool can be used to measure how many coins moved at any particular price. Approximately 555,000 BTC have changed hands between prices of $18,000 and $23,000, a strong support and resistance level respectively for the asset ranged over the past few days, the firm said. Losses ranged between $1.5 billion and $2 billion each day, data shows.

Cryptonaire Weekly | June 21th 2022

Long-term holders, or those holding BTC for a period longer than 155 days, liquidated over 178,000 BTC at prices below $23,000, the data showed. However, these liquidations accounted for only 1.31% of the total holdings. As per blockchain data, some of these holders purchased their coins at $69,000, bitcoin’s lifetime high, and sold at $18,000, taking on a loss of nearly 75%, Glassnode said. Such liquidations could have contributed to bitcoin falling to under $20,000 over the weekend. Bitcoin fell to as low as $18,319 a coin while its market capitalization slumped to about $350 billion, a 73% decline from its November all-time high, as previously reported. Bitcoin saw resistance at $21,000 on Monday morning after a relief rally saw some $2,000 added to prices over the past 24 hours. Read more...

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Cryptonaire Weekly | June 21th 2022

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‘Bitcoin dead’ Google searches hit new all-time high

UK Scraps Plan to Monitor Unhosted Digital Wallets The EU Parliament voted to approve a similar measure about three months ago. The United Kingdom, in stark contrast to a proposal approved in March by the European Union, will not require senders of crypto assets to collect information about recipients who use unhosted wallet addresses.

Sentiment in the crypto community is the lowest it has ever been, leading to fresh speculation that BTC is a dying asset. Collapsing Bitcoin (BTC) prices are reviving renewed speculation about the demise of the leading cryptocurrency, according to Google search trends. Google searches for “Bitcoin dead” spiked in the week ending Friday, June 18, and likely reached the highest level on record. Google Trends tracks interest in search terms over time, assigning scores of 1 to 100 based on the total number of user queries. The data are anonymized, categorized by topic and aggregated based on location. “Bitcoin dead” achieved a score of 100 for the period between June 12–18 based on preliminary data that is reflected by the dotted line. The last time the search query scored 100 was in December 2017 or thereabouts.

“Instead of requiring the collection of beneficiary and originator information for all unhosted wallet transfers, crypto asset businesses will only be expected to collect this information for transactions identified as posing an elevated risk of illicit finance,” according to a document published by Treasury. The decision came after soliciting feedback from a variety of respondents, including academics and industry experts. The news perhaps means a sigh of relief for the privacy-focused wing of the crypto community, many of whom spoke out against the EU’s measure. Coinbase CEO Brian Armstrong, at the time, called it “anti-innovation, anti-privacy, and anti-law enforcement,” while also pointing out the cumbersome requirements placed on individuals. According to last week's report from Treasury, many of the U.K. government’s consultants appeared to agree with Armstrong.

The Google search results reflect peak anxiety for the cryptocurrency markets following weeks of relentless selloffs in asset prices. Bitcoin’s downward spiral, now in its seventh month, may have been triggered by the Federal Reserve’s massive shift in policy, which has placed downward pressure on risk assets. The implosion of the Terra ecosystem and its related contagion effects has also been a contributing factor. Adverse market conditions have also led to credible speculation that major industry players, such as Celsius and Three Arrows Capital, are facing insolvency.

Read more...

Read more...

Cryptonaire Weekly | June 21th 2022

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Introduction The whole power of the music industry is essentially concentrated within a few big and powerful companies, who refuse access to streaming rights of music produced by them and create their own medium to have unbridled control over all the music. Their actions inflate the prices of music. They decide what the public can or cannot listen to and

Cryptonaire Weekly | June 21th 2022

determine if an artist is worthy of promotion or not. According to some reports, the major label artists released more than 90% of all top 10 songs over the last decade. Music streaming services account for more than 80% of all the industry income and are largely dominated by only a handful of known video, music and retail giants. They use algorithms to keep artists

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in or out of public visibility, usually based on the royalties demanded and the willingness to patronize the platform promotion service.

waning of non-streaming digital platforms, which have been losing revenue since 2012 and account for only 5.85% of the total market revenue.

The system has been predominantly structured to make artists earn less while the big companies earn more and become even more powerful, wealthy and influential. The ideal solution to the distorted reality of the music industry lies in the decentralized nature of blockchain technology.

The Musicology Ecosystem

The uniqueness of a song’s melody and rhythm makes for premium potential NFT material, as it aligns with the basic characteristics of NFT being unique and verifiable. Music NFT is gradually becoming a growth trend in the crypto world with its ability to give ownership rights to creators and a globally accessible platform to millions of fans.

The Musicology music platform provides a curated list for music lovers with an intuitive NFT marketplace to make an offer to buy their favourite music NFT and beats. Users can also mint their own music singles as NFT, create their own music NFT collection and sell on the Musicology NFT marketplace. The platform will also provide creators and owners the autonomy to determine the price at which they want to sell their uploaded contents, as well as the freedom to set percentage returns or royalties on third-party sales. Users can also mint memorabilia of their favourite music artists, while accessing these functions and more – all safely on the blockchain.

Musicology Musicology is a decentralized music streaming platform and NFT marketplace providing an allround music experience. In fact, it claims to be the ultimate ecosystem for music on the blockchain for the people and by the people. The decentralized approach to music creation and sharing is built on the foundation of the enormous potential of the music industry, which raked in US $23.1 billion worth of revenue in 2020. Nearly 56% of that revenue came from streaming alone. The development of new technology has seen consistent

Cryptonaire Weekly | June 21th 2022

Musicology’s vision is to see that upcoming talents get worthy public exposure without being hindered or disqualified, as everyone has the right to be listened to. Musicology shall also empower rising stars, solo artists, music bands with funding programs that give them opportunity to begin their music careers. Besides, Musicology aims to onboard millions of music-loving audiences to crypto through its music streaming platform and hopes to lower the entry bar in the NFT space with its advanced listen-to-

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earn mechanism. Through its listen-to-earn mechanism, users can simply get on to Musicology, listen to a favourite music NFT of their choice from thousands of usergenerated music NFT and vote for their preferred artist to get rewarded in $MUSIX tokens. They can also listen to new tunes of fresh and upcoming artists and earn $MUSIX tokens. Musicology enables a completely decentralized algorithm system that ensures music listeners get access to newly released music NFT and give direct visibility to new artists. The artists are algorithmically ranked through its novel voting mechanism. The benevolence of Musicology towards music does not end here and also has a charitable side to it. A dedicated percentage of all revenue generated by Musicology would be further utilized for charity purposes and providing music aids. Musicology will donate musical instruments to kids worldwide, provide free musical lessons and education to kids and adults and online musical lessons for everyone.

Live concerts, clubs & parties in the Metaverse and other unique features Musicology will host monthly live concerts in the metaverse, featuring the most desired artists voted in by holders of $MUSIX tokens or MUSIX MasterKey holders. Immagine to be able to see your favorite artist on the live show from anywhere you are and be part of an unforgettable musical experience! Musicology ecosystem is also the biggest party and clubs platform on the Metaverse, various clubs (Reggae on da beach, Hip hop in da club, Drum’n’base clubs, House and Pop clubs with extraordinary decorations, just to name few)… when you think of party in Metaverse think MUSICOLOGY Musicology is bringing many more innovations into the space: Artist in the room ®, where people can meet their favorite artist in the lounge on metaverse and ask directly any questions, Fundraiser for new bands, World music library including aboriginal, folk music as well as meditations, hypnosis and kids music just to name few. Blogs about music, chat rooms and ideas and suggestions are part of this ecosystem. As mentioned the ecosystem is for PEOPLE and as such the decisions about the direction and parts of development, preference in clubs and concerts etc will be all decided by votes of the community, the

Cryptonaire Weekly | June 21th 2022

transparency and fair opportunities are assured for everyone.

Tokenomics and $MUSIX $MUSIX token is a multi-chain token that serves as the utility and governance token of the Musicology ecosystem. The total supply of Musicology tokens is 500,000,000. $MUSIX is currently available on the Binance Smart Chain and Ethereum blockchain. More support for other blockchains are in the works to increase accessibility to users of the platform. The $MUSIX token is used by users and creators to mint their music as NFT and it is also used for voting of artists in the ecosystem. Voting increases users’ level and raises them to the top 100 artists of the month. The token can also be used to purchase tickets that grants access to all virtual events such as clubs, parties, shows on the metaverse, meeting with the artist and live shows. Besides, the holders of $MUSIX tokens also have the privilege to stake their tokens on Musicology for incentives and leverage on its farming system to gain substantial profits. In terms of token allocation, around 15% of the total supply will be allocated for the team and another 16% will be allocated for private sale. The tokens held by the team are vested for a period of 12 months and shall be released in batches every quarter. There will be further token allocation for staking and rewards to the extent of 14% and another 12% each will be set aside for the liquidity and ecosystem each.

1st NFT Public MINT sale 28.6.2022 Musicology NFT MUSIX MasterKey is the pioneer and utility NFT of the Musicology ecosystem. 3D Utility NFT provides value to the investors in different ways by giving holders access and various privileges to the biggest music ecosystem yet on the blockchain and the biggest music space for live concerts, parties and shows in the metaverse. Accordingly, the MUSIX MasterKey grants holders the access to new music releases, voting, tickets to the clubs, live concerts in the metaverse and much more. There is a total supply of 10,000 MUSIX Master Key NFT and the public MINT is on June 28, 2022, 7pm UTC on musicology.io/MINT . The first public mint of the MUSIX MaterKey NFT will have a price of 0.0369 ETH and will increase by the

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same starting price of 0.0369 every 24 hours, until the price reaches 0.1537 ETH. Hence, the price will rise from 0.0369 ETH to up to 0.1537 ETH, so that the value of the NFT will increase 5x from the initial price, thereby giving a great return opportunity to the early buyers.

The Team

The MUSIX MasterKey NFT is categorized into five unique types, with the supply reducing as the function increases. The five categories are namely Blue, Green, Copper, Silver and Gold MasterKey.

The team behind the Musicology project consists of professionals from the music industry as well as from the crypto industry. The CEO and one of the co-founders of Musicology is Ixchel who is a visionary entrepreneur, wellness guru, visual artist and author of two books. The other co-founder is Ras Zacharri, who is an international Reggae star, singer and producer with over 25 years of experience in the music industry. He is also a crypto investor and NFT collector.

As the MUSIX MasterKey is the crucial utility and genesis NFT of the Musicology ecosystem, its holders will be able to mint the second MUSIX Art Collection by award-winning pop artists, albeit there will be a limited collection of 1,000 NFT.

The other members of the team include experienced software developers and specialists in blockchain and Decentralised Finance (DeFi) application developments with several years of professional experiences.

Also to increase investment opportunities for its holders Musicology decided that MUSIX Master Key holders will be offered ICO before the launchpads, an opportunity to purchase the $MUSIX token for the presale price without any need to be in a tier system of a launchpad. This by itself is very powerful utility for an NFT that is currently for about 50$ USD (as per low price of ethereum)

Conclusion With the rise in blockchain and cryptocurrencies, Musicology is poised to be an early mover, providing music content creators the rights and privileges to their own contents and an additional access to govern their earnings. Musicology opens up the decentralized possibility of participation in music, where users can mint, buy, sell, swap, listen and rate creators’ contents securely on the blockchain. The platform boasts of a robust music streaming function, ranging from uploading of music projects and beats as NFT to users streaming of their favourite music and music album – all within the Musicology ecosystem. The creation of the live concert and clubbing space in the metaverse is also very anticipated innovation and therefore should be set for success. Music lovers around the world can login to the Musicology platform, enjoy quality content and earn some redeemable tokens to begin their journey in crypto, even if they do not have any initial capital to invest.To escalate easy onboarding, free $MUSIX tokens will be given to everyone opening an account. This, essentially, makes music NFT and concerts and parties in the metaverse available and accessible to average people all over the world. Musicology is the music ecosystem that is poised to bring music lovers, creators and fans an all-round music experience on the blockchain.

Cryptonaire Weekly | June 21th 2022

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DeFi Total Value Locked (TVL) Declines 35% In One Month To 15-Month Lows Elon Musk Reiterates Support for Dogecoin After Facing $258,000,000,000 Crypto Lawsuit

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esla CEO Elon Musk is once again confirming his support for popular meme token Dogecoin (DOGE) despite getting hit with a lawsuit that alleges he promoted the dog-themed crypto asset as a pyramid scheme.

The business magnate tells his 99 million Twitter subscribers that he will continue to support and purchase DOGE even as he faces a massive $258 billion lawsuit that claims he propped up a fraudulent crypto scheme.

“I will keep supporting Dogecoin.” When prodded by a user who told him that he should continue buying DOGE, Musk replied “I am.”

Musk reiterating his support for Dogecoin sent the meme asset on a rally as it rose from a seven-day low of $0.0501 to $0.0622, a 24% increase. DOGE has since stabilized and is changing hands at $0.0599 at time of writing. The billionaire has been an avid supporter of Dogecoin since last year, going as far as referring to it as “the people’s crypto” and even allowing customers to purchase specific Tesla products with it. DOGE is one of three crypto assets Musk says he owns, the other two being leading digital assets Bitcoin (BTC) and Ethereum (ETH).

Cryptonaire Weekly | June 21th 2022

Read more...

he decentralized finance (DeFi) market has taken a massive hit with the recent crypto market downtrend. The space which had been the breakout star of 2021 had quickly begun losing all of the value accrued during the bull market. This has been a result of major events that have triggered the various crashes. In the past month alone, the DeFi TVL has declined so much that it is now below $100 billion for the first time in more

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than a year.

this has caused it to lose the large majority of its TVL.

had been this low was back in April of 2021 when the space was still picking up steam. This means that the DeFi TVL has dropped more than 68% in the last year alone. The last few months have been especially brutal for the market with it dropping in double-digit percentages.

The total DeFi TVL is currently sitting at $71.35 billion locked across all networks. Given that less than eight months ago, this number was at $250 billion, it has been an alarming decrease. The last time that the TVL

DeFi TVL Drops To 15-Month Low The Total Value Locked (TVL) in the decentralized finance (DeFi) space had grown to a peak of more than $250 billion at its peak last year. It has mostly maintained the majority of this value even through the dips and crashes that would rock the space months after that. However, the low momentum trend of 2022 has also flowed into the DeFi space and

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Cryptonaire Weekly | June 21th 2022

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Web3 browsers are a gateway to the decentralized world

Russian Finance Ministry Rules Out Sale of Oil for Bitcoin

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he Russian government considers bitcoin as a payment option for small business transactions, not for oil exports, the country’s finance ministry has indicated. A top official emphasized the department means that cryptocurrencies may be used in barter deals, but not as legal tender. Crypto Payments Not for Russian State Settlements, Ministry of Finance Says Cryptocurrency payments, in terms of international transactions, are seen by the authorities in Moscow as an alternative option for small private business contracts, but this will not affect Russian oil deliveries. The clarification was made by the head of the finance ministry’s Financial Policy Department, Ivan Chebeskov, who recent-

ly spoke with reporters on the matter. The ministry proposes to employ cryptocurrency as an asset, not as a means of payment, the high-ranking official remarked. That means digital currencies can be used in barter transactions — when a buyer formally exchanges bitcoins, or other cryptocurrencies, for a product or service, he explained. Quoted by RTVI, Chebeskov elaborated: The task is to provide an alternative, and not to say that Russia is now paying for everything with crypto. This is not about state settlements but private business only. The Minfin representative pointed out that oil would hardly be sold for bitcoins due to large volumes of these exports.

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Cryptonaire Weekly | June 21th 2022

Jorgen Arnesen, the VP of Web 3 at Opera, talked to CryptoSlate about Web3 browsers, how they compare to their Web2 equivalent, and where Opera stands in this fast-growing market segment. Almost unheard of until last year, the term “Web3” has quickly become the world’s favorite buzzword. Signifying

internet. Web3 is the latest evolution of the internet In the early 1990s, the internet started off in a shape we now identify as Web 1.0. In the first stage of its evolution, there were just a few content creators, with the majority of internet users consuming the content. The beginning of the dot-com boom in the late 1990s marked the beginning of Web

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the emergence of a new internet era, Web3 is now being used both by legacy tech companies and decentralized protocols alike. But what is Web3, and why has it become so significant? To answer that question, CryptoSlate talked to Jorgen Arnesen, the VP of Web3 at Opera, a company that wants to become the industry’s go-to portal to the new

2.0, where interactive social applications hosted user-generated content. However, the speed and ease of use Web 2.0 provided to users came at a cost. In order for the internet to be as well-connected and easy to navigate as it is today, it needs to be hosted on centralized services, which bring a whole new set of problems to the table.

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Solana, Ether Lead Gains in Relief Rally, but Traders Say Macroeconomic Concerns Remain

I ProShares will launch ETF aimed at shorting Bitcoin following dip under $20K

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he ETF will allow U.S. investors to bet against BTC using futures contracts given the cryptocurrency’s performance in a single day, as measured by the CME Bitcoin Futures Index. The firm behind one of the first Bitcoin futureslinked exchange-traded funds in the United States will give investors a new vehicle to bet against the price of the cryptocurrency. In a Monday announcement, exchange-traded fund issuer ProShares said its Short Bitcoin Strategy ETF would be available for trading on the New York Stock Exchange, or NYSE, starting Tuesday under the ticker BITI. The vehicle will allow U.S. investors to bet against Bitcoin (BTC) using

futures contracts, given the cryptocurrency’s performance in a single day as measured by the Chicago Mercantile Exchange Bitcoin Futures Index. “BITI affords investors who believe that the price of Bitcoin will drop with an opportunity to potentially profit or to hedge their cryptocurrency holdings,” said ProShares CEO Michael Sapir. “BITI enables investors to conveniently obtain short exposure to Bitcoin through buying an ETF in a traditional brokerage account."

t’s foolish to forgo the wider macro context in which crypto and finance operate,” one analyst said. Crypto markets saw a brief rally in the past 24 hours, adding some 9.7% to market capitalization after a difficult weekend that saw prices of several coins plunge as much as 15%. Bitcoin (BTC) fell to as low as $18,000 in a move that sent the asset below its 2017 highs, with investors locking in a record amount of losses as per on-chain data. Ether (ETH) dropped to $929. In the past 24 hours, however, Solana’s SOL and ether led gains among the top 10 coins by market capitalization with a 9% bump, while Cardano’s ADA and

Polkadot’s DOT rose 7%. Bitcoin saw rejection at $21,000 after a brief recovery. Outside of the top 10, Avalanche’s AVAX jumped 14%, Polygon’s MATIC added 12% and ApeCoin’s APE rose 16%. A relief rally Analysts at Bitfinex’s trading desk said the market jump displayed the inherent volatility of cryptocurrencies. “While the trend of market turbulence is unlikely to recede as central banks call the shots amid an increasingly uncertain geopolitical environment, today’s relief rally demonstrates a latent potential for the price of digital tokens to rebound quickly,” the desk said in a message to CoinDesk.

The launch of the investment vehicle will come amid a bear market for major cryptocurrencies including Bitcoin and Ether (ETH).

Read more... Read more...


Solana Lending DAO Overturns Vote to Take Over At-Risk ‘Whale’ Wallet

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olend’s controversial governance proposal to take over the DeFi lending protocol’s largest wallet has been invalidated after a follow-up vote. The decentralized autonomous organization (DAO) governing Solend, a Solana-based lending platform, has invalidated a previous vote that would have let it access a “whale” wallet that was allegedly

putting the protocol at risk. The whale in question is the platform’s largest user, who deposited 5.7 million SOL—accounting for more than 95% of all Solend’s deposits—to borrow about $108 million worth of USDC and USDT. According to Solend, if SOL dropped to US$22.30, the wallet ran the risk of getting liquidated for up to 20% of its borrowing,

or about US$21 million. “It would be difficult for the market to absorb such an impact since liquidators generally market sell on DEXes. In the worst case, Solend could end up with bad debt,” the Solend team said, giving its users a mere six hours to vote on the proposal to take over the wallet.

a ransom demand amid a distributed denial of service attack (DDoS).

Tether Faces Ransom Demand and Massive Denial of Service Attack, According to CTO Paolo Ardoino The chief technology officer of stablecoin

issuer Tether says the firm was hit with

Cryptonaire Weekly | June 21th 2022

Tether executive Paolo Ardoino says that the company received a ransom note to stop the denial of service attacks, but highlights the assault was thwarted without any digital assets or funds being stolen. “This morning, Tether received a ransom request to avoid mass denial of service attacks. They tried already once. On a normal day, we

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The platform also argued that it was “unable to get the whale to reduce their risk, or even get in contact with them.” “With the way things are trending with the whale's unresponsiveness, it's clear action must be taken to mitigate risk,” read the initial proposal. Read more...

have around 2,000 requests per five minutes. The attack brought us to eight million requests per five minutes.” A DDoS attack is a malicious attempt by bad actors to flood the target website with traffic in an effort to overwhelm the site’s infrastructure. When asked any losses occurred or if Tether’s operations were disrupted, Ardoino says that nothing was missing and the website was just slowed down for a bit. Read more...

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Why Vitalik Buterin Is Not Worried About Ethereum Crashing

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he inventor of Ethereum Vitalik Buterin and his father Dmitry “Dima” Buterin talked about the crypto market, volatility, and speculators. In an interview with Fortune Magazine Buterin claimed he is unbothered by ETH’s price downside action. Buterin and his father claimed they are used to volatility. The second crypto by market capitalization dropped from an all-time high above $4,500 to below $1,000, levels last seen in 2020. Since its inception in 2014, Ethereum has seen similar or worst drawdowns. Back in 2017, the cryptocurrency reached its previous all-time high near $1,500 only to crash below $100 in the following months.

the recent bearish pressure and preferred to emphasize crypto’s potential use cases beyond finances, nonfungible tokens (NFTs), and some of the other popular use cases. Vitalik Buterin said: Crypto has had ups before, and it has had downs before, and it will have ups and downs again. The down periods are certainly challenging, though they are also often the periods where the most meaningful projects get nurtured and built. The inventor of Ethereum feels more concerned about speculators and short-term investors trying to make a quick profit. Thus, he believes the Ethereum network can go beyond financial use cases and expect to see it expand into new territory.

This is why Buterin and Dima claimed they aren’t worried about

Cryptonaire Weekly | June 21th 2022

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McKinsey: The Metaverse Could Generate $5 Trillion by 2030 — 'Simply Too Big to Be Ignored'

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lobal consulting firm McKinsey & Company has forecasted that the metaverse may generate up to $5 trillion by 2030. In addition, more than 80% of commerce could be impacted by activities in the metaverse.

By 2030, it is entirely plausible that more than 50 percent of live events could be held in the metaverse.

In addition, more than 80% of commerce could be impacted by activities in the metaverse, the firm described, adding Metaverse Could that most learning, Generate $5 Trillion by development, and 2030 collaboration could Global management happen in the consulting firm McKinsey metaverse. Furthermore, & Company published a McKinsey said, “We report last week titled expect the average “Value creation in the internet user to spend metaverse.” up to six hours a day in metaverse experiences The report details: by 2030.” “Our work began by surveying more than More than $120 billion 3,400 consumers and has already flowed into executives on metaverse the metaverse space adoption, its potential, in 2022 — more than and how it may shift double the $57 million in behaviors. We also 2021, the report notes. interviewed 13 senior leaders and metaverse Read more... experts."

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Bitcoin Is Safe And Will Grow, El Salvador President Says, As He Calms His People’s Nerves

P Celsius faces a potential short squeeze; $20M bounty out on info about possible attack

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elsius may be insolvent, there's a $20M bounty for anyone with information about a an attack, and there could be a GameStopstyle short squeeze imminent. With very little information coming from Alex Mashinsky, the rumor mill is heating up.

There has been a lot of talk about Celsius and its founder Alex Mashinsky over the past week. Some believe the situation is over-hyped, while others fear insolvency is unavoidable. The lack of transparency around the entire ordeal is hugely troubling for both retail and institutional investors alike.

resident Nayib Bukele of El Salvador is attempting to calm the fears of his people following the current decline in the value of Bitcoin and other cryptocurrencies. The price of BTC had a dramatic decline last week, going below $18,000 for the first time since 2020. As of the time of writing, Bitcoin was trading at $20,545, a 23 percent

decrease over the previous week. El Salvador’s Bitcoin holdings have been burdened by the prolonged bear market. However, Bukele is attempting to calm the tense crypto community following yet another string of significant losses. Bukele took to social media to reassure Bitcoin investors that things may not be as

$20 million bounty A $20 million bounty has reportedly been put out for anyone with information confirming there was a concerted attack on Celsius Network from a third party. CryptoSlate has received reports from major crypto content creators that they have received requests asking if they have been paid to spread FUD about Celsius. None of the creators we have spoken to have been approached to do so, but the reports tie in with Plan C‘s announcement that a bounty is open for anyone with information.

Cryptonaire Weekly | June 21th 2022

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bad as they appear and to offer advise to those who are concerned about the declining prices on the cryptocurrency market. Bukele Tries To Ease His People’s Paranoia “I see that some people are worried about Bitcoin’s market price,” Bukele wrote on his

Twitter account late Saturday. Bukele’s advice to his constituents is to “stop looking at the graph and enjoy life.” The crypto-loving president said that “If you invested in #BTC your investment is safe and its value will immensely grow after the bear market.”

Read more...

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WWW.PLATINUMCRYPTOACADEMY.COM

Cryptonaire Weekly | June 21th 2022

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