Over 13,000 wallets participated in the airdrop for the latest Miidas NFT offer.
Miidas NFT has confirmed it completed the Y2023 NFT Collection Airdrop to participating users almost ten days before the January 15 expected date. The Miidas team confirmed that over 13,000 wallets were input into the participation list.
✨Y2023 NFT Collection Airdrop Update
All NFTs have been distributed successfully, you may view at 'My Collected NFT' section. 😊
How to import to your wallet -> https://t.co/d6Lt7y026P
Once again our BIG THANK YOU for your support! ❤️@Coredao_Org https://t.co/SigpnDY1HQ
The airdrop opportunity ran before the New Year, from December 26 to January 1. Users had to participate in simple social media tasks to add to the eligibility list.
The Miidas team published a short YouTube for guidance on how to obtain your NFT and retrieve it from your decentralized wallet.
✨Useful Tips
How to check if any NFT received and import it to your Metamask wallet?
For further technical support or guidance, please join us at https://t.co/uLnt7dQGSn
Happy Monday!😊https://t.co/KhKHeOICLA
The Miidas team distributed the NFTs over January 5-6 and requests any users who did not receive their NFT to formally contact the team through their Technical Support Telegram.
The Miidas NFTs are coming as the CoreDAO mainnet launch imminently approaches the anxious community. The Miidas NFT sold out their NFT presale to Core Miners last month. The presale sold out in about five hours.
Miidas is aiming to be a huge player across the NFT industry, with users able to interchange NFTs across multiple blockchains. There are rumors that BSC News could begin working with Miidas NFT to bring multichain utility to the BSC News NFT.
So hear me out… @BSCNewsNFT partners with @miidasnft to create dual chain utility between #BNBChain and #core. Maybe something like every BSC News nft holder at the time of mainnet launch gets an airdrop on #core? Limited mint on $core as well? @miidasnft you in for that?
Stay tuned for more information as the story develops.
Core DAO is the official decentralized organization developing the Satoshi Plus ecosystem. It represents an opportunity for miners to access new revenue streams by contributing hash power to the chain. Inspired by the principles of both blockchains, Core displays a deep appreciation for the history of the crypto ecosystem paired with an even greater excitement for Core’s role in its future.
Website | Docs | Twitter | Discord |
Miidas is the world's first non-fungible token (NFT) marketplace for both digital and physical assets, a project backed by Bitgert Brise chain. Miidas is also one of the largest NFT platforms in Asia, providing an all-in-one platform including a marketplace, launchpad, and staking pool for the creators and investors. Miidas currently has over 6000 NFTs and over $850k volume traded since May 2022.
Website | Twitter | Telegram | YouTube |
ByBit will give BNB Chain users access to knowledge on new projects from both Ethereum and BNB Chain.
ByBit has announced it will launch its first Initial Decentralized Exchange (DEX) Offering (IDO) on BNB Chain for Web3Camp.
The IDO will run for a week between January 11-18 on Bybit’s new Bystarter platform, according to a PR shared with BSC News. The IDO will give users first access to the new Web3 and blockchain knowledge transfer project from ByBit. Web3Camp will bring users up-and-coming projects to learn about on both Ethereum and BNB Chain.
Web3Camp will be available through a mobile app with a non-custodial wallet feature. The mobile app will feature a suite of Web3 integrations facilitated through smart contracts and connections to the world’s third-most-visited cryptocurrency exchange.
Bybit is a cryptocurrency exchange established in 2018 that offers a professional platform where crypto traders can find an ultra-fast matching engine, excellent customer service and multilingual community support. Bybit is a proud partner of Formula One’s reigning Constructors’ and Drivers’ champions, the Oracle Red Bull Racing team, esports teams NAVI, Astralis, Alliance, Made in Brazil (MIBR), and Oracle Red Bull Racing Esports, and association football (soccer) team Borussia Dortmund.
Website | Twitter | LinkedIn | Telegram | Medium |
The recent Forbes report challenges much of Binance's financial disclosures but fails to put it into perspective within the industry.
Binance is underperforming and hemorrhaging assets, according to a recent report from Forbes Data and Analytics staff. The report goes in-depth into Binance’s finance on everything from BUSD stablecoin activity to the overall health of Binance’s BNB token.
The last two months have not been very kind to Binance. The exchange has reportedly lost upwards of $12 billion in the last sixty days, with over $360 million coming on Friday, January 6 alone. The January 9 report from Javier Paz, Director of Data and Analytics at Forbes, strives to disprove some of the recent public remarks from Binance and its CEO, Changpeng Zhao, about the financials of the world’s largest exchange.
Paz also digs into the recent controversies surrounding Binance’s Proof-of-Reserves and questions the validity of some of the holdings with the exchange’s portfolio. The report even challenges the accuracy of source material within the financial reserve listing pages on CoinMarketCap.
There is no denying that Binance has seen a shrink in its over holdings––as nearly every crypto company has during the recent bear market. Paz admits in his piece that “the argument can be made that the asset declines Binance is experiencing are similar to those at most exchanges,” while also pointing out in an earlier paragraph that the crypto industry overall lost 56% of its value in 2022.
A comparison of Binance’s numbers to itself will reveal an overall subtraction but fails to recognize the overwhelming success of Binance in comparison to its peers.
Binance positions itself as the world’s leading blockchain ecosystem and crypto-asset infrastructure provider with a financial product suite that includes the largest digital asset exchange by volume. The Binance platform aims to increase the freedom of money for users and features a comprehensive portfolio of crypto-asset products and offerings, including trading and finance, education, data and research, social good, investment and incubation, decentralization, and infrastructure solutions.
Website | Twitter | Discord | Telegram |
After launching a Chinese currency pegged stablecoin in December, Sun doubles down on China plans.
The Tron Network has set its eyes East. Founder, Justin Sun, has reiterated Tron’s quest to corner the Chinese market. Sun has stated he is “doubling down” on his comprehensive strategy in the world’s second-largest economy.
As the world recovers from the COVID-19 pandemic, we are excited to continue our focus on investing in China 🇨🇳 and doubling down on our all-in-China strategy.
Sun took to Twitter on January 9 in a three-part thread explaining that he views China as a country of opportunity in the Post-Covid world. The incredible economic chances available in the country following the pandemic cannot be overlooked as it offers “endless opportunity for growth and innovation.”
…but also allow us to be at the forefront of the latest developments and trends. We are committed to being a long-term partner in China's success and look forward to continuing to build strong relationships and partnerships in the country.
Tron Network had a strong year in 2022, launching an offshore Chinese currency-pegged stablecoin TCNH in December 2022 to cap off the year.
The network is looking to grow its influence in the industry through investments in China while Sun also expects the Chinese government to eventually ease its policy on crypto. When it does, Sun wants to be ready.
Tron is an open-source blockchain-based decentralized digital platform with its own cryptocurrency, called Tronix or TRX. Established in 2014 by Justin Sun and founded in 2017 by a Singapore non-profit organization, Tron Foundation aims to host a global entertainment system for the cost-effective sharing of digital content.
Website | Twitter | Telegram | Discord | Medium |
New Hackathon will be a great opportunity to build before mainnet launch, but success will lay in the Core Team's speed of integration.
The Pi Network Hackathon begins on January 9, and over 1800 projects have signed up to participate.
The Pi Network Hackathon will run from January 9 to February 28, with over $30,000 in prizes up for grabs. The hackathon will be the second in the history of Pi Network, with the first coming in October 2021.
The latest iteration of the hackathon will focus on three themes: social media, games & entertainment, and consumer utilities. Participants are also welcome to on any innovation they choose.
The hype for the Pi Network hackathon is huge. The hackathon is a great opportunity for projects participating in the Enclosed Mainnet to showcase their work to a larger audience while also giving new projects a chance to build within the enclosed Pi Network.
BSC News Co-Founder and CFO, and notable Pi influencer, Ben Antes, believes the hackathon will attract attention from venture capitalists. This VC attention could be a welcoming sight to Pi Network projects which have been building behind closed doors for years.
My guess is this hackathon will have a lot of attention from the venture capital world. I hope a lot of great projects get the attention they deserve to build out top quality Dapps. And then it all ships quickly and mainnet opens 🙂
Many around the community expect projects to make great strides in the chosen themes, especially around the concept of Pi Coin and its utility. Pi Coin still has no connection outside the network, and pressure has been building as more exchanges and aggregators have begun listing the coin unofficially.
Ultimately, the success of the Pi Network Hackathon will rely on the Core Team’s launch of the mainnet. The timeline for integrating successful projects and applications will be key, as many projects on Pi Network already face financial difficulties due to the lack of Pi Coin fiat connections.
The Pi Network Hackathon has plenty of momentum, and the BSC News team will follow the developments as they come.
Pi Network is a novel cryptocurrency and developer platform that allows mobile users to mine Pi coins without draining the device’s battery. Pi’s blockchain secures not only economic transactions via a mobile meritocracy system but also a full Web3 experience where community developers can build decentralized applications for millions of users.
Website | Twitter | LinkedIn | Facebook | Instagram |
Check out these five ways to invest and five other ways to pay in bitcoin in 2022.
The ongoing bear run in crypto is making many people reconsider their Bitcoin-buying decisions. But as any seasoned investor will tell you, the utility of Bitcoin trumps these short-term ebbs and flows. The price of Bitcoin at the moment is just above $16000, making it the best time to buy cheap and hold.
Investing in Bitcoin is only one side of the coin – what about paying in BTC? In 2023, you can spend your Bitcoin in many places to buy products and services or to make donations.
Let’s learn more about the ten ways you can invest and pay in Bitcoin in 2023.
Given the present crypto market conditions, it’s natural to feel apprehensive about investing in Bitcoin in 2023. The situation has become worse in the wake of the massive FTX scandal.
However, cryptocurrencies and the underlying blockchain technology have only seen wider adoption in 2023. Global spending on blockchain technology is projected to increase to USD 19 billion in 2024 from USD 6.6 billion in 2021. Investing in Bitcoin should continue to be one of your financial priorities in 2023.
We have divided the guide into two sections. In the first section, you’ll learn about 5 ways to invest in Bitcoin in 2023. The second section will talk about 5 places where you can pay in Bitcoin.
Let’s start.
Here are the five best ways to invest in BTC in 2023:
1. Crypto exchanges
Cryptocurrency exchanges are the most common way of buying Bitcoin. Most of us are already familiar with the leading cryptocurrency exchanges – Binance, Crypto.com, Coinbase, and so on.
Crypto exchanges are essentially large marketplaces for cryptocurrencies. When you want to buy say 0.5 BTC, the cryptocurrency exchanges provide it without needing you to find someone to sell. The ease of buying cryptocurrencies through exchanges makes them the most convenient solution for retail crypto investors.
There are multiple reasons to choose cryptocurrency exchanges for buying Bitcoin. At the same time, you should be aware of how much commission they are charging. Keep reading to know about other ways to buy Bitcoin.
2. Fintech apps
Fintech apps are different from cryptocurrency exchanges in the sense that they don’t deal exclusively with cryptocurrencies. For example, you can buy Bitcoin with a credit card on MoonPay instead of signing up for major crypto exchanges like Binance. You can also buy Bitcoin from popular apps like PayPal and Venmo.
There are different types of fintech apps dealing with crypto, and we can’t neatly categorize them into one segment. Some platforms facilitate payment through cryptocurrencies, while some would let you buy and hold Bitcoin within the platform. It’s easy to get confused with so many fintech and finance companies providing the option to buy Bitcoin to retail users.
If you feel fintech apps suit you better than crypto exchanges, go for them.
3. Stockbrokers
Some traditional stockbrokers like Robinhood and eToro also allow their users to buy Bitcoin straight from their platforms. Crypto marketplaces like Binance are different from stockbrokers like Robinhood.
Stockbrokers are more traditional financial institutions, while crypto marketplaces are platforms that only deal with cryptocurrencies.
To buy Bitcoin from a traditional stockbroker, you need to open an account with them and deposit money into your account. Once the money is in your account, you will be able to buy Bitcoin directly from the stockbroker.
The process is similar to buying any other asset from a traditional stockbroker. Some crypto investors prefer stockbrokers to crypto exchanges for security reasons, but stockbrokers may sometimes charge more than leading crypto exchanges.
4. Invest in companies with high Bitcoin exposure
When you invest in companies like MicroStrategy Inc, Marathon Digital Holdings, or even Tesla, you indirectly invest in Bitcoin. The concept is similar to investing in gold mining companies instead of physical gold.
How does it work? When the price of Bitcoin goes up, we expect the share prices of these companies to go up as well. On the contrary, you are somewhat protected from any rapid fall in Bitcoin price. This risk-mitigation factor makes investing in companies with Bitcoin holding a lucrative option for some people, especially if investing in crypto is a source of passive income for them.
Here are the top ten public companies with the highest BTC holdings:
5. Peer-to-peer transactions
Peer-to-peer BTC purchases are the most straightforward way of buying Bitcoin in 2023. When you want to buy Bitcoin and know someone who wants to sell it, you can directly buy it from them. The purchased BTC will come to your wallet, and you have to pay the seller manually.
While peer-to-peer transactions are fast and straightforward, they’re typically unsafe. Imagine paying for BTC to an online stranger, and that person disappears with your money. Unfortunately, fraud in peer-to-peer Bitcoin transactions is widespread, and you should stay away from this method unless you personally know the seller.
Engaging in peer-to-peer BTC buying and selling is risky, and you should always proceed with caution.
Here are five different ways to spend your BTC in 2023:
1. Online casinos
If you’re a regular user of online casinos, you will find endless ways to spend your Bitcoin in 2023. Online casinos have become very popular over the last several years, and many leading platforms allow their users to participate in online gambling with cryptocurrencies. Payouts are also generally faster when you use Bitcoin or other cryptocurrencies in online casinos.
While online casinos aren’t for everyone, they are a good avenue to spend your Bitcoin. Depending on the platform you choose, there can be exciting rewards and cashback for using Bitcoin or any other cryptocurrency.
2. Buy gift cards
You can buy electronic gift cards with Bitcoin as well. Once you buy a gift card and give it to someone else, they can use the gift card amount to buy whatever they want (from partner eCommerce stores and websites). Here’s a list of platforms from where you can buy gift cards with Bitcoin:
You can buy anything from Amazon to Zalando gift cards with Bitcoin. It’s a great way to spend your Bitcoin considering the fact that the recipient of the gift card can buy anything with it, not just crypto-related products. So if you’re running out of gift ideas this holiday season, you know where your Bitcoin can be put to good use.
3. Donate to Wikipedia
Wikipedia recently stated that donors can now use Bitcoin to donate to the Wikimedia Foundation. According to the official note, these donations will help the foundation continue to provide free knowledge to everyone.
Established in 2003, the Wikimedia Foundation is a nonprofit organization that supports Wikipedia and its sister projects. The organization relies on donations to operate. Bitcoin donations will help the foundation continue its work to provide free knowledge to everyone.
The Wikimedia Foundation has partnered with Coinbase to process Bitcoin donations. Coinbase is a digital currency wallet and platform where merchants and consumers can transact with new digital currencies like bitcoin, Ethereum, and Litecoin. If donations are your thing, you’ll have no trouble spending your Bitcoin for a cause.
4, Buy from Overstock
Overstock is a retail website offering a wide variety of high-quality merchandise, including furniture, rugs, bedding, electronics, clothing, and more. It has a reputation for offering incredible value for the money, primarily because they sell products that are considered dead stock.
Overstock is also known as one of the earliest adopters of Bitcoin. It allowed users to transact in Bitcoin even in 2014. In 2023, it continues to be one of the most popular platforms to spend Bitcoin.
Currently, Overstock accepts BTC payments through Coinbase. It’s one of the best platforms to buy everyday products using Bitcoin. The next time someone tells you that you can’t buy anything real with Bitcoin, tell them about Overstock.
5. Peer-to-peer payments
Peer-to-peer Bitcoin payments refer to one individual directly selling their Bitcoin to another individual. It works just like peer-to-peer Bitcoin purchases. You find someone who wants to buy Bitcoin and send your BTC directly to their wallet.
The best peer-to-peer Bitcoin payment platforms include LocalBitcoins, Paxful, and Bisq. Each of these platforms provides unique elements and services that make them ideal for certain types of buyers, sellers, and traders.
Peer-to-peer transactions always have an element of risk. If you are engaging in peer-to-peer BTC payment, make sure the person you are selling it to is legitimate and won’t disappear with your Bitcoin. Once the risk is mitigated, this is one of the simplest ways of spending Bitcoin in 2023.
There’s a lot to look out for if you’re planning to invest in Bitcoin in 2023.
We hope this guide helps you get started in your 2023 Bitcoin journey.
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Buy Crypto with a bank transfer, credit or debit card, P2P exchange, and more. Not investment advice. All trading risk. Terms apply.
Sponsored
Buy Crypto with a bank transfer, credit or debit card, P2P exchange, and more. Not investment advice. All trading risk. Terms apply.
Sponsored
Buy Crypto with a bank transfer, credit or debit card, P2P exchange, and more. Not investment advice. All trading risk. Terms apply.
Sponsored
Buy Crypto with a bank transfer, credit or debit card, P2P exchange, and more. Not investment advice. All trading risk. Terms apply.
