24% of New Tokens in 2022 Similar to Pump-and-Dump Schemes, Mercuryo & ConsenSys Reveal Integration Within MetaMask, Unstoppable Domains & Opera Expand Partnership

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Security news

• “Of the 40,521 tokens launched in 2022 that gained sufficient traction to be worth analyzing, 9,902, or 24%, saw a price decline in the first week indicating possible pump and dump activity,” a new report said from the blockchain analytics company Chain analysis. In total, buyers not believed to be associated with the creators of the tokens spent $4.6 billion worth of crypto to acquire some of the suspected pump-and-dump tokens, and the report estimates that the creators of these tokens earned a total of 30 million dollars. in profit from selling off their holdings before the token’s value dropped.

Payment news

• Crypto payment company Mercuryo and blockchain company ConsenSys announced an integration within MetaMask which will allow users of the large wallet to bypass mainstream exchanges and buy crypto-tokens with bank cards, Apple Pay and various bank transfer methods directly in the wallet, the press release said. “This aims to simplify the purchase of digital assets thanks to instant payouts and easier user onboarding,” it said.

Web3 news

• Web3 domain provider Unstoppable domains expands cooperation with the browser Opera, which allows Opera users to build and access Web3 sites powered by Unstoppable across all of Opera’s Web3-enabled desktop and mobile browsers – including Opera desktop (Windows, Mac and Linux) and Android and the Opera Crypto browser . According to an announcement, Opera Crypto Wallet users across mobile and desktop can now use Unstoppable Domains to transfer crypto to and from their wallet.
• Multi-chain platform Collab.Country announced a token distribution to over two million unique members, “making it the largest ever in crypto history,” a press release said. The token will engage the community in several ways, it said: a sponsored claim will be available to verified members and Collab.Land NFT holders, while the top 100 Collab.Land communities will have the opportunity to claim tokens through a proposal process. Community included is Parallel, Axie Infinity, Aavegotchi, Women’s world, Adidas, Doodles, BanklessDAO and more. The total retroactive distribution to NFT holders verified members and top 100 communities add up to 25% of the token supply, it said.

Regulatory news

• Russia’s The State Duma has passed a bill in first reading that would allow financial services marketplaces to combine their operations with the activities of blockchain platforms that issue or exchange digital financial assets (DFA), Interfax reported today. “The bill expands the list of types of activities available to operators of financial platforms with the activities of an operator of an information system where DFA is issued and the activities of a DFA exchange operator. This innovation will facilitate the creation of new business models on the financial market based on the digital transformation of financial services,” the explanatory material for the bill states.

Tax news

• Crypto tax platform CoinTracker announced its multichain extension to provide support for Arbitration, Optimismand Cosmos, aimed “to streamline the digital tax filing process,” an announcement said. CoinTracker will provide support to these chains in the following ways: Arbitrum Automatic Sync and Optimism Automatic Sync, which automatically syncs user transactions on Optimism / Optimism, including new transactions as they occur, and Cosmos Automatic Sync which allows users to import activity from Cosmos Nav and note all ATOM stake rewards.

Blockchain News

• Game optimized blockchain Oasis announced that the Japan-based telecommunications operator SoftBank joined as an official validator of Oasys. “This partnership extends beyond Softbank’s role as validators, as the two companies explore potential collaboration, including the development of blockchain-based services, in the future,” it added.
• FedMLa Collaborative/Federated Machine Learning and Edge AI Platform, announced today that it will partner with the media and entertainment blockchain Theta network to enable collaborative machine learning for Generative AI and content recommendation and advertising, powered by the Theta edge network. According to an announcement, “Theta’s Edge Network, powered by 10s of thousands of decentralized nodes worldwide, provides the perfect base for the types of distributed computing needed for collaborative machine learning and AI applications.”

Exchange news

• BitMEX announced their latest collaboration with On ramps, a fiat-to-crypto onramp aggregator that allows users to access multiple fiat-to-crypto gateways via one API. According to an announcement, by integrating with Onramper, BitMEX now supports “the widest possible range of fiat currencies, payment methods and cryptocurrencies in a single solution.” Users can instantly deposit money to the exchange or exchange from fiat to their token, it added.

Career news

• The experimental collective unpaired. said it hired Kimberly Knoller as Chief Marketing Officer and Yoav Tchelet as Chief Growth & Innovation Officer. An announcement stated that Knoller recently worked as CMO for Pixelynxa music metaverse project, and is a marketing and brand development manager with management experience in Warner Records, Sony musicand The Knoller group agency. Tchelet recently played an important role in establishing and guiding the marketing and growth of the digital art market SuperRare. “unpaired.” will have a strong presence at NFT Paris this year as the title sponsor of the conference and will host the official closing party with their successful NFT Project Party Degens,” it added.