Daily Crypto NewsEDITION #257, 14 March 2022

Gem City doesn't give financial advice

Hey Moni Мейкер 👾

The Gem City DAO decided today that from now on all financial advice must be checked by Gem Hunters. Otherwise, social media will label them as "financial advice from a hamster".

Follow our Telegram and Twitter to make all financial advice work! And remember...

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1️⃣ https://register.malt.money

2️⃣ DeCommas Form

Digest never misses any updates, and u? 

AVAX has announced the launch of a $290,000,000 fund. It is intended to stimulate the development of blockchain-based projects.

It's a relatively late event compared to its peers, but it's always a good idea to create a development fund!

The incentive program will be called Avalanche Multiverse and is intended to promote the development of application-specific blockchain sub-networks targeting the DeFi, GameFi and NFT sectors.

HODL $AVAX? And we continue! 

The Rekt resource has an article about a specific wallet through which a suspicious amount of FTMs is being chased. However, the posts were deleted, as it seems the information was not confirmed.

Later, details were published that this wallet is used to rebalance FTM bridge liquidity.

If you want to figure it out for yourself, you can read it here. We want to look into this in more detail, but welcome if you help us out!

Yuga Labs, creators of the Bored Ape Yacht Club (BAYC), confirmed it has acquired the intellectual property (IP) of the CryptoPunks and Meebits collections from Larva Labs.

CryptoPunks and Meebits are popular non-fungible token (NFT) collections on the Ethereum blockchain. With this acquisition Yuga Labs will own the CryptoPunks and Meebit brands and logos, and as they’ve done with their own BAYC collection, Yuga Labs will transfer IP, commercial, and exclusive licensing rights to individual NFT holders.

⚽️: Telegram and Twitter!