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    Dubai Police plans to release 150 free NFTs ๐Ÿ’ฅ

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    Members of the general public, whether within or outside the country can own these digital assets for free by participating in the Dubai Police campaign by reposting and sharing necessary information for the registration of interest. This was stated by the director of the General Department of Artificial Intelligence at Dubai Police, Brigadier Khalid Nasser Al Razooqi.

    According to the Dubai police, each NFT has a unique design that โ€œcarries value for the future submerging technologies usagesโ€. All the individuals interested in this giveaway have to share the announcement of the Dubai Police Value NFT post with their friends and submit a direct message to Dubai Police on their social media platforms with their names, emails, and NFT wallet addresses. This was stated on the Dubai Policeโ€™s official twitter page.

    Dubai Police is the first government entity to create its own digital assets ๐Ÿ”ฅ


    In the meantime, just last month, the Vice President and Prime Minister of the UAE and Ruler of Dubai, Sheikh Mohammed bin Rashid Al Maktoum, issued the Dubai Virtual Asset Regulation Law to establish a legal framework to protect investors and and implement international standards for virtual assets (VA) industry governance.

    This law is applicable throughout the country and this includes the special development zones and free zones, with the exception of the Dubai International Financial Centre (DIFC).

    Image source Ravi Kumar ๐ŸŽฏ

    Disclaimer: This article is not investment advice. It should not be taken as investment advice or a personal recommendation. The information provided, as well as the numerical and temporal references are not and should not be taken as an indicator of possible future performances. Cointokenews does not guarantee the accuracy of the informations provided. It is your responsibility to assimilate and understand the risks associated with cryptocurrencies before committing your capital. Never risk more than you are prepared to lose.

    Jack Dorseyโ€™s first tweet might now fetch just under $14,000 ๐Ÿ’ค

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    twitter

    The CEO of Malaysia-based blockchain company Bridge Oracle, Sina Estavi paid $2.9 million last March for the NFT, a digital certificate that says he owns Mr. Dorseyโ€™s tweet, which reads โ€œjust setting up my twttr.” Shortly after the purchase, Mr. Estavi tweeted: โ€œThis is not just a tweet! I think years later people will realize the true value of this tweet, like the Mona Lisa painting.” Over a year later, Mr. Estavi put the NFT up for auction. He listed it on the Opensea, an NFT marketplace last week, expecting it to fetch at least $50 million.

    He pledged to donate 50% of the proceeds to GiveDirectly, a charity that allows people to send money directly to other people with no conditions on how the funds are to be spent. On Friday evening, a day after Elon Musk made an offer to acquire Twitter for $43 billion the highest bid was only about $13,940, according to Opensea.

    Mr. Estavi said he was now rethinking the sale of the tweet ๐Ÿ‘€

    The low bids is coming at a time when the NFT market slowing down. According to CryptoSlam Inc., a site that aggregates NFT data Global monthly sales of NFTs totalled almost $5 billion last year August. In March, NFT sales were down to $2.4 billion. Jack Dorsey had initially sold his first tweet as an NFT on Ether. When Estavi announced the resale on Twitter, Jack replied to it and said โ€œWhy not 99% of it?โ€. It is noted that Jack donated all of the money he received from the sale of the tweet.

    Image source @rswebsols ๐ŸŽฏ

    Disclaimer: This article is not investment advice. It should not be taken as investment advice or a personal recommendation. The information provided, as well as the numerical and temporal references are not and should not be taken as an indicator of possible future performances. Cointokenews does not guarantee the accuracy of the informations provided. It is your responsibility to assimilate and understand the risks associated with cryptocurrencies before committing your capital. Never risk more than you are prepared to lose.

    Hyundai becomes the first automaker in the world to enter into the NFT space ๐Ÿ’ฅ

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    With the booming NFT and Metaverse space, the latest to join it is an entity from an entirely different industry than any other. Hyundai Motors, one of the top 10 car manufacturing companies in the world, announced its decision to enter the world of NFT in a creative manner. The South Korean auto giant is entering this market with its own NFT community including the Hyundai NFT official website and channels on Discord and Twitter. The automaker will be collaborating with the โ€˜Meta Kongโ€™ NFT brand to create its own set of NFTs along with a concept film. In a unique fashion, Hyundai released a short film introducing the Hyundai NFT universe concept โ€˜Metamobility Universeโ€™. The film serves as an entry point for the company to showcase its โ€˜Metamobility Conceptโ€™ which was exhibited at the International Consumer Electronics Show (CES) 2022.

    Thomas Schemera, the Head of Customer Experience Division of Hyundai Motor said; โ€œThe Hyundai NFT Universe will extend the Hyundai brand experience, especially with MZ generation, in a completely new way, further reinforcing our commitment to innovation in both the real world and in the metaverse. We are extremely excited to introduce โ€˜Metamobilityโ€™ through our own NFTs and start this journey with โ€˜Meta Kongzโ€™.โ€

    On April 20, Hyundai plans to issue 30 limited editions โ€˜Hyundai x Meta Kongzโ€™ NFTs ๐Ÿ‘€


    According to a statement by the company, Hyundai NFT Discord and Twitter channels opened on April 15 but the official NFT website will go live in May 2022. Hyundai stated that the NFT community is going to provide its users with the Hyundai brand experience in the metaverse, by sharing NFTs depicting its mobility solutions. Also, the online platforms will provide an open 24/7 communications channel between the company and community members, with real-time updates on the asset value of its NFTs. Hyundai plans to make use of all the profit proceeds to manage the project and the community.

    Image source @named_aashutosh ๐ŸŽฏ

    Disclaimer: This article is not investment advice. It should not be taken as investment advice or a personal recommendation. The information provided, as well as the numerical and temporal references are not and should not be taken as an indicator of possible future performances. Cointokenews does not guarantee the accuracy of the informations provided. It is your responsibility to assimilate and understand the risks associated with cryptocurrencies before committing your capital. Never risk more than you are prepared to lose.

    Scammers hack top NFT Discord bots the 1st of April ๐Ÿ‘จโ€๐Ÿ’ป

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    According to multiple reports, Bored Ape Yacht club, Shamanz, Nyoki, Doodles have all had their Discord accounts hacked and abused. Blockchain investigator, Zachxbt posted screenshots as proof that both the Doodles and Kaiju Kingz NFT projects have also been targeted in this scam. It was also reported by Vice that the tactics used by these scammers includes tricking people into clicking a link, so that they could mint a non-existent NFT. The hackers will then come in and ask for Ethereum or an NFT wrapped into a token.

    This tactic appears to have been successful in a few instances. On one of the Discord channels, the hackers sent out this text: โ€œOh no, our dogs are mutating. MAKC can be staked for our $APE token. Holders of MAYC + BAYC will be able to claim exclusive rewards just by simply minting and holding our mutant dogs.โ€ The NFT projects were quite quick to react and were able to warn their users that some of their identities had been stolen.

    Although we are yet to know if any specific endpoint was compromised โ˜

    It was also reported that two wallets were identified as participating in the hack, and were seen as Fake_Phishing5519 and Fake_Phishing5520 on blockchain explorer Etherscan. The first account obtained one NFT, sold it, and sent about 20 ETH to the second wallet. The second wallet then sent more than 60 ETH to a mixing service thereby laundering the tokens. After this, the second wallet sent 0.6 ETH to two addresses with one being inactive and the other with more than 1,400 ETH, and more than 6 million Tether coins.

    Image source Joshua Sortino ๐ŸŽฏ

    Disclaimer: This article is not investment advice. It should not be taken as investment advice or a personal recommendation. The information provided, as well as the numerical and temporal references are not and should not be taken as an indicator of possible future performances. Cointokenews does not guarantee the accuracy of the informations provided. It is your responsibility to assimilate and understand the risks associated with cryptocurrencies before committing your capital. Never risk more than you are prepared to lose.

    Bitcoin: why we never believed in a bull market ๐Ÿ˜…

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    Many were ecstatic to see Bitcoin on fire in recent days. However, the BTC has once again been disappointing for the past few sessions, a disappointment that only neophytes and investors uncorrelated to market considerations share.

    Market professionals, from traders to institutions, knew in part that the current bull market was only illusory, even though some exchanges tried to give dynamism to the cryptocurrency market.

    BTC had remained in a range market for several years, crowned by low trading volumes and below the performance expected at this time. Quite logically, the prices of Bitcoin beyond the supports were just speculative, and did not reflect the value of the asset.

    A Fake Bull Market ๐Ÿ™„


    More than the low number of volumes, there was massive speculation by investors on the price of BTC with an analytical dichotomy: on the one hand many wanted to see a Bitcoin on the rise, on the other little believed.

    Bitcoin’s advances were therefore irrational, and just boosted by group investors, wanting to see the cryptocurrency market explode again. Excluding the mass of individuals still does not believe in Bitcoin which is evolving in a Range market.

    No signal indicates real bullish biases and the year 2022 could therefore be complex for cryptocurrencies. As when Bitcoin was attacking $10,000, the currency is patiently building its levels, a build that could last several months or even a year, with another explosion in the currency.

    So many factors that led us to believe that the current bullish bias had to be quickly confirmed in which case Bitcoin would plunge below $40,000, which it did again yesterday.

    Image source Kanchanara ๐ŸŽฏ

    Madonna purchases a new bored ape NFT for $560K ๐Ÿ’ฅ

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    The singer announced on her social media pages on the 24th of March that she had acquired an NFT from the popular BAYC collection for $560k. Madonna becomes the latest celebrity to publicly endorse the digital apes, following high profile purchases by other artistes like Eminem, Justin Bieber and Paris Hilton. This purchase is on-brand for the artiste as she is known for her provocative lyrics and performances. It was reported that she paid 105% more than the collection floor and 57% more than the adjusted floor price to secure the NFT.

    In her post, she gave thanks to the cryptocurrency service MoonPay, a platform that buys Bored Ape NFTs at a premium to later offer them at an auction to affluent individuals. MoonPay has been involved in purchasing expensive NFTs for celebrities recently. American rapper and songwriter Wiz Khalifa leveraged MoonPay to purchase the Bored Ape #1506 just as recently as Madonna purchased hers.

    Despite many high profile artists venturing into NFTs, some fans on Madonnaโ€™s Instagram post were not happy. A few asked the singer to delete the post while some called it a disappointing move. The artisteโ€™s interest in the digital assets space goes as far back as 2018 when she partnered with the blockchain company Ripple, in order to raise funds for orphans in Miami.

    Asides Bored Ape #4988, Madonna also owns a bunch of more NFT collectibles ๐Ÿ‘€

    She currently holds 17 NFTs from eight different collections. Although Madonnaโ€™s wallet has just $30 worth of ETH, the wallet holds around $21,285 worth of Apecoin. According to data tracker DappRadar, Bored Ape has become one of the top NFT collections with $1.4 billion in lifetime sales over the past year. Currently, the BAYC NFT collection has the most expensive floor price with a current value of 103.69 ether. The NFT collection has an estimated market value of about $1 billion.

    Image source Tezos ๐ŸŽฏ

    10% won for Solana on Thursday๐ŸŒž

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    It is a day as exceptional as it is rare for the Solana which takes more than 10% this Thursday. Cryptocurrency stands out as one of the big winners of recent sessions with more than 26% taken this week.

    An incredible advance that echoes the protocols of the currency. Scalable, designed for global adoption, the Solana ensures intercompatibility between the various systems, something that allows it today to be supported by many investors.

    At more than 123 dollars per Coin ๐Ÿš€


    While Bitcoin dipped slightly at the start of the day with a 0.33% loss, the Solana once again demonstrated its potential. The currency passes the 123 dollars per coin when other coins do not arrive there.

    By comparison, Binance Coin (BNB) gained 1.88%, Ethereum (EHT) only 0.18% and Ripple (XRP) barely 0.09% today. The Cardano (ADA) advanced by 2.06% when the Terra took 1.59%. Only Avalanche (AVAX) prevailed today with an increase of 6.62% for a price of almost 100 dollars per coin (99.23 dollars).

    Suffice to say that Solana remains one of the most highly rated cryptocurrencies in the top 10 of the largest capitalizations, with investors massively supporting the currency. Its protocol is also beginning to emerge in the field of NFTs , something that could quickly secure it a place among the top 5 largest capitalizations, ahead of Ripple and Cardano.

    Image source Solana (SOL) ๐ŸŽฏ

    STEPN gains by 164% this week ๐Ÿš€

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    StepN token GMT

    If Bitcoin makes a good part of the coins and tokens doubt this Thursday, March 31, 2022, some currencies like the Solana (SOL) still manage to advance. A few coins on fire, but also a few tokens like STEPN. A recent token with a design that does not leave anyone indifferent, all well anchored in Web3 with Game-Fi and Social-Fi.

    Suffice to say that the token has something to seduce, in particular by its fun and hype side which gives the feeling to many investors of being on a very good plan, and the charts clearly show it. The STEPN has been gaining points for a week, recording an increase of more than 164% over 7 days. A record among the top 100 largest caps, something reminiscent of Safemoon last year (2021).

    Run or walk to earn tokens ๐Ÿƒโ€


    Behind STEPN token hides a revolutionary concept: walk or run to earn tokens or benefit from rewards in NFTs. Social-fi mixed with Game-fi all in a Metaverse -oriented Web3 : the concept has something to seduce. And he seduces.

    Many institutional investors have already supported the project with SEQUOIA, Folius Ventures, CORNER VENTURES or SOLANA VENTURES. Suffice to say that GMT could continue to grow, especially since the app is already available on the Google Play Store and the APP Store. Enough to already enter the Metaverse , participate in the project in your own way, and start earning tokens or NFTs thanks to this project, still in beta version. A win-win app that could ring the revolution of fitness and running apps.

    Image source STEPN ๐ŸŽฏ

    Terra is up 15% this week ๐ŸŒŒ

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    Terra Luna Protocol Exchance

    Exceptional performance for Terra this Wednesday, March 30, 2022. The cryptocurrency has been gaining points for the past few weeks to such an extent that it could overtake Cardano in terms of market capitalization.

    A fantastic progression that echoes a general overhaul of its UI and above all innovative protocols, for a coin which, like the Solana, seems to have the future ahead of it. Like Avalanche (AVAX), Terra is one of the big winners at the start of 2022 with a dazzling entry into the top 10 of the largest market capitalizations in the world.

    $37.97B capitalization ๐Ÿš€


    While Cardano had a capitalization of $40.37B today, Terra made a substantial close at $37.97B. A closer that will probably take time to see an overtaking. It must be said that Cardano is also exploding with a rise of 23% this week.

    Suffice to say right away, Terra and Cardano are the figureheads of investors also tied with Solana (+22.78% this week) and Avalanche (+10% this week). Also note the good performance of Dogecoin (DOGE) which takes 18% this week to approach the 11th place of the largest market capitalizations in the world in terms of cryptocurrencies.

    Image source Terra (LUNA) ๐ŸŽฏ

    Bitcoin tests $ 48,000 ๐Ÿš€

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    After several big sessions, Bitcoin is facing a first resistance around $48,000. A resistance where the currency failed yesterday with a pullback at the end of the day after its very strong bullish bias which led it around 47,500 dollars.

    This Wednesday is therefore a day of consolidation with two major stakes: one where Bitcoin will try to maintain its high levels at $47,500, the other where it will have to try $48,000 or at least aim forward. .

    Markets dependent on Bitcoin ๐Ÿ˜ฅ


    If many investors are regaining optimism around Bitcoin this Wednesday, one thing is becoming more and more present: the dependence of the markets on BTC. Cryptocurrencies and tokens are all eyeing Bitcoin and cannot do without it to hope to capitalize.

    Bad news that once again demonstrates a Bitcoin-related crypto market. We will once note the positive correlation between the evolution of Bitcoin and the cryptocurrency market with BTC down 0.04% over 24 hours and a global digital currency market down 0.02% over 24 hours (2.15T $).

    Image source Quantitative ๐ŸŽฏ

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