Team Vitality inks partnership with Tezos ecosystem
Global eSports organization Team Vitality joined forces with Tezos to bring eSports rosters closer to fans through community efforts, fan rewards, and education schemes.
The education scheme will focus on “educating fans on the benefits of blockchain as part of the gaming experience” and help fans understand the developments being made in the eSports and blockchain spaces.
Terra would provide over $139 million in UST and LUNA to several leading DeFi projects
Decentralized stablecoin issuer Terra issued an ambitious proposal to expand the interchain deployment of its UST stablecoin across five projects on Ethereum, Polygon, and Solana for the next six months.
In each proposed deployment, Terra would deposit UST in varying amounts from $250,000 to $50 million to boost the stability of each of the new partner projects.
Thai Crypto traders subject to 15% capital gains tax
According to the Thai Ministry of Finance, profits from cryptocurrency transactions in the country are subject to capital gains tax at the rate of 15% in 2022.
Those affected by the bill include investors and miners, while digital asset exchanges will be exempt from taxes.
Binance buys the dip adding over 43K Bitcoin to wallet
One address belonging to Binance added 43,000 BTC on Tuesday at an average price of $46,553.68, bringing the wallet’s total value to $5.5 billion.
Samsung opens virtual store in Decentraland’s metaverse
The electronics giant opened its first store in the Metaverse today. The firm revealed it had opened a flagship store in Decentraland, one of crypto’s most popular virtual worlds.
The store, dubbed “Samsung 837X,” will be modeled on the company’s flagship physical store located at 837 Washington Street in New York City.
ITAM rises 37.27% after 24 hours, currently #1 on top trending
According to the newly announced rebranding plan of ITAM Games, this project will make a 1:1 conversion from ITAM token to ITAM CUBE token.
Responding positively to the project’s development, ITAM’s price has grown by more than 37% in less than 24 hours, leading the trend on ONUS chart with 206,000 views.
Drone Racing League launches P2E game on Algorand blockchain
The Drone Racing League (DRL), a professional drone racing league that operates internationally, is developing a play-to-earn (P2E) game on the blockchain-based crypto platform Algorand.
The P2E game will allow players to participate in drone racing competitions to earn cryptos and non-fungible tokens (NFTs).
Aave launches permissioned DeFi platform Aave Arc
Aave Arc announced launching Aave Arc, a permissioned version of the popular DeFi lending platform Aave.
Aave Arc enables certain parties who have undergone financial due diligence to be able to borrow and lend cryptocurrencies automatically. It operates in the same way as Aave’s main protocol works, but only approved parties can participate.
Livepeer raises $20 million in new funding
Livepeer, a decentralized video streaming platform built on the Ethereum blockchain, has raised $20 million in a Series B extension round.
The project has a large scaling update scheduled for shipping early this year called Confluence, which will move Livepeer’s internal protocol from Ethereum’s base layer to the Layer 2 network Arbitrum.
Top 03 Daily Losers – Blockchain Network Section
$XTZ: -18.14%
$THETA: -17.58%
$KDA: -16.6%
XTZ – The native token of the Tezos project is currently losing 18.14% of its value. THETA and KDA were two other assets that saw a drop in value, in which they have fallen by around 15% based on the weekly price.