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Samsung launches first smart TV with NFT browsing and commerce option

The non-fungible token (NFT) frenzy continued as we started in 2022 and electronics giants are already stepping into the tokenized wagon of the trend. Today, electronics multinational Samsung unveiled its “NFT aggregation platform” backed by its exclusive smart TV launches. According to Samsung, users can browse and exchange NFT through its MicroLed, Neo QLED and The Frame models.

The platform will literally function as an aggregator, displaying NFTs from various markets on users’ screens. In addition to displaying NFT, the platform will also display relevant details including creator name and relevant blockchain metadata. In addition, users can also view their valuable NFT assets using the platform.

Finally, Samsung stated that it has ensured quality display for the wide range of NFTs using its “Smart Calibration” technology that automatically adjusts the TV’s settings to match the original creator’s specifications.

“The role of the screen has changed dramatically in recent years with advances in technology and the way entertainment is provided. With our new product line, we're offering customers a fully immersive audio and video experience that can be customized to their needs... Whether you're a movie buff, TV lover, gamer, or even a music enthusiast. movie theater. Art, Samsung has cutting-edge offerings that can enhance any room,” said Simon Sung, executive vice president and head of Samsung's Visual Display Business sales and marketing team.

2021 The domain of the NFT will extend to 2022

NFT’s popularity soared over the past year, beating every trend in Defi’s landscape. According to Chainalysis 2021 NFT Market Report, approximately $26.9 billion of NFT was traded across all NFT markets, determining its growing dominance.

Social media, as well as institutional giants, are poised to incorporate NFT by 2022. Late last year, Instagram CEO Adam Mosseri confirmed that the leading social media platform is “actively exploring” NFTs. In addition, Kraken CEO Jesse Powell also decided to go a step further by securing the NFTs. Kraken, the big centralized encryption exchange, has announced the upcoming launch of its NFT marketplace, which will offer NFT-guaranteed loans.

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Crypto Mining Rises in Thailand as Investors Maximize China’s Ban

After the ban on cryptocurrencies in China, cryptocurrency investors in Thailand quickly seized the opportunity to buy cheap mining rigs that had been sidelined by Chinese miners out of the market. And that, in turn, has led to an increase in crypto mining activities in Thailand, reports Al Jazeera.

Thailand crypto investors take advantage of China’s cryptocurrency ban

After the ban, affected Chinese miners had to recoup some of their investments in one way or another. This led them to sell their mining machines at a bargain price. To keep things going, many of the mining companies have also had to move to several other countries that allow mining activities, including Kazakhstan, Russia, the United States and Southeast Asia.

Cryptocurrency mining on the rise

Speaking in an interview with local media, one of Thailand’s cryptocurrencies who identified himself as Pongsakorn Tongtaveenan had a lot to say. He says he’s not alone, as many cryptocurrencies like him quickly took advantage of China’s ban on cryptocurrencies. He explained that they quickly started buying mining platforms and PC processors from Chinese miners and that we are reselling them to local crypto investors. And, according to him, as the demand for the machines is incessant, prices returned to their previous levels.

For Thailand, the growing popularity of crypto mining in Thailand is simply due to residents becoming more optimistic about the future of cryptocurrencies in the country.

When Beijing launched an all-out war against crypto miners and all things cryptography, some of the top bitcoin miners had to leave the country for more crypto-friendly regions.

In fact, companies like e-commerce giant Alibaba have had to ban the sale of mining encryption equipment to comply with current regulations. Furthermore, it had to completely remove the blockchain miners and accessories categories from its e-commerce market as of October 8th.

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Thailand postpones its CBDC pilot program until the end of 2022

Thailand has announced plans to postpone the test of its central bank-issued digital currency (CBDC) until the end of 2022. Remember that the test was initially scheduled for the second quarter of 2022, but has now been rescheduled for the end of year. year.

Thailand postpones CBDC test

According to Reuters, which shared the rescheduling report, Thailand is looking to use CBDC as an alternative payment option to replace cash.

And while the postponement may have been confirmed, the reason for the central bank’s decision has yet to be determined. Although Bank of Thailand deputy director Kasidit Tansanguan may have suggested a goal of laser focus on efficiency, which may be slow work.

Thailand can still take a gradual step in retail CBDC to ensure efficiency and prudence, as it has problems with funds transfers or payments like some other countries,” he said.

But despite the delay, the testing phase must still be used to carefully analyze the use of CBDC in relation to transactions and how it can supplement cash payments.

For the pilot project, around 10,000 users together with some financial institutions will test the digital currency for online and offline transactions, including withdrawals, deposits and funds transfers.

CBDC grows in popularity as the world becomes even more digital

Without a doubt, the world is definitely going digital. However, it is reasonable, especially considering that the COVID cases are now unfolding. Now, globally, these genuine concerns are catching the attention of most central banks, who continue to look for ways to provide an alternative to cash transactions.

In fact, some countries have passed the testing phase and are already using their CBDC. For example, Nigeria and the Bahamas are already actively using their CBDCs, while other countries such as Ghana and China are already in the pre-deployment testing phase.

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Crypto Wealth Manager Vaneck Launches Polygon and Avalanche Investment Offerings

Wealth manager Vaneck announced that he has expanded his exchange-traded note (ETN) offerings to support the polygon and the flood of tokens. The two ETNs follow five previously launched funds in Europe that allow investors to gain exposure to key digital assets.

Vaneck adds polygon and avalanche to his list of cryptocurrency ETNs

Vaneck announced the launch of two ETNs that leverage the polygon of crypto assets (MATIC) and avalanche (AVAX). The ETNs represent AVAX or MATIC shares and the funds are fully guaranteed. “Vaneck expands its crypto investment offering with two new ETNs on crypto platforms Avalanche and Polygon,” the wealth manager tweeted on December 16.

Avalanche and polygon were in significant demand this year and racked up massive gains for the year. Token Avalanche (AVAX) has seen its market capitalization join the world’s top ten digital assets in terms of overall valuation. Today, AVAX ranks ninth after increasing 3,509% from last year.

Polygon (MATIC) also increased significantly in value in 2021, with year-to-date gains of around 11.393%. MATIC is the fourteenth largest active crypto in terms of market capitalization today, which is around $ 15 billion. Both MATIC and AVAX are compatible with Ethereum, but they are also considered competitors of Ethereum.

Vaneck to Leverage Crypto Compare, Bank Frick’s MVIS Data to Custody Crypto Assets

The ETNs offered by Vaneck are like exchange-traded funds (ETFs), but the ETNs are considered unsecured debt securities. Vaneck tried to get his bitcoin (BTC) ETF approved by the US Securities and Exchange Commission this year, but the ETF was denied in mid-November.

Polygon and Avalanche ETNs use data from Crypto Compare MVIS to replicate the value and performance of each asset. The crypto assets underlying Vaneck’s ETNs are in the custody of Bank Frick & Co. AG. The ticker for AVAX ETN will be “VAVA” and the ticker for MATIC ETN will be “VPOL”.

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The Cash app allows delivery of Bitcoin gifts while on Christmas vacation

Gift offerings are in season, with Christmas and other holidays coming up. If you’ve ever thought about gifting your friends or loved ones with stocks or bitcoins, the Cash app makes it easier than ever.

The Cash app allows a new way to send BTC

Cash App introduced a new feature that will allow peer-to-peer payments between users. Block’s proprietary Cash app (formerly known as Square) allows users to send bitcoins and traditional shares as gifts to other platform users.

To be fair, cryptocurrency exchanges like Coinbase and financial services companies like Stockpile have been doing things like this for years. However, this will be the first time this option will be available through a simple P2P application.

The only thing about this situation is that, under normal circumstances, the Cash app would allow users to simply send bitcoins to any $Cashtag placed on the app. However, it now appears that customers can simply use their attached debit cards or USD accounts to send the BTC in question. This is a big step forward, as the recipient does not necessarily have to own bitcoins or cryptocurrencies to receive the financial gift, nor does the sender have to have it. They can simply pay cash and send the BTC to the right person.

In addition, the initial process of sending bitcoins to a recipient was done through the investment guide of the Cash app. Now all it takes is a cash balance or a debit card to do this. The market value of shares or bitcoins is sent in cash and the user gets the assets from there. If they don’t want to accept stocks or bitcoins, they can finally get the money.

The system doesn’t just work for gifts. Instead, people can also use share and bitcoin delivery options to pay their friends or even split bills. More importantly, this could spawn a new wave of digital currency traders entering the forum and engaging in what is now a dominant financial space.