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The central bank of turkey runs CBC tests!

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 The Central Bank of Turkey (CBRT) has conducted the first tests of its Turkish digital lira. According to a statement released on Thursday, the CBRT successfully carried out the first payment transactions on its central bank digital currency (CBDC) network as part of an initial test phase. “In the first quarter of 2023, the CBRT will continue its small-scale, closed-loop application pilot tests conducted with technological stakeholders. The test results will be made public in a comprehensive evaluation report,” the bank said in the statement. In 2023, the Turkish digital lira will move to advanced stages where the central bank will conduct pilot tests with broad participation, including banks and financial technology companies, the CBRT added. “Studies on the legal dimension of the digital Turkish lira show that digital identification is of vital importance for the project. Therefore, studies on the technological requirements and the economic and legal framework of the digital Tur...
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Binance launched its own news feed for crypto users!

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  Binance users – the leading cryptocurrency infrastructure provider and blockchain solutions has launched new features for its social media platform, Binance Feed. These updates, set to roll out on December 22nd, 2022, will give users an enhanced experience and allow creators to engage further with their community. The platform aims to give its users a truthful and clear picture of the crypto market, introducing enhanced features that make learning and understanding crypto easier. The newly redesigned platform aims to challenge its competitors such as Coindesk, Cointelegraph, and Coingape Media with a goal to build a large community around Binance Feed. The platform has also amassed thousands of social media followers on Twitter, giving readers a faster way to get acquainted with the happenings around the crypto universe.  Since its launch earlier this month, Binance Feed has attracted significant users, attracting over one million daily active users and more than 1,200 conte...
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Game7 launched pragrame to accelerate the gaming in web3.

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The  gaming-focused decentralized autonomous organization (DAO) for web3 company named Game7 announced program on help to accelerate blockchain-enabled games by smoothing some of the technological bumps on the path to widespread adoption, and it is a $100 million grant .   Game7 company did it firmproving smart contract standards, tooling, interoperable wallets, and scaling solutions will be crucial on the path to global adoption of Web3 games according to Game7 company the company hasallocated 20% of their committed treasury to fund each of these crucial components so the gaming industry can focus on building sustainable game economies." The Game7 DAO’s treasury includes $500 million committed by high-profile decentralized autonomous organization BitDAO and blockchain game platform Forte.  The grants will be deployed over five years at $20 million per year to projects across five categories, technology, events, diversity, education and research.  The cross-cha...
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 The $4.5 million fundraise was led by NFX alongside a clutch of reputable crypto venture capital firms. The list of backers includes Jibe Ventures, Flori Ventures, Secret Chords and Vgames. Xternity plans to earmark the funds for product and business development, game design and additional staffers and in the meantime has been partnering with a number of prominent crypto technology providers, including Fireblocks. The endorsement from established and thorough crypto venture capitalists is a massive boost for the platform and the sphere at large, it says. The team explained that Xternity rolled out its open BETA that provides games developers with multi chain API, embedded and customized wallet, and NFT platform at scale. It also features a Web3 CRM tool which is already integrated with leading blockchain networks, including Polygon, ImmutableX, Solana, and Celo. The gaming platform intends to create a Web3-powered community, with players wishing to explore the game deeper can acce...
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Xternity got a funding of 4.5 million dollar by NFX.

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 Web3 games platform Xternity has completed a fresh funding round as it looks to ride a wave of interest in blockchain-based gaming in preparation of its full launch this year. The $4.5 million fundraise was led by NFX alongside a clutch of reputable crypto venture capital firms. The list of backers includes Jibe Ventures, Flori Ventures, Secret Chords and Vgames. Xternity plans to earmark the funds for product and business development, game design and additional staffers and in the meantime has been partnering with a number of prominent crypto technology providers, including Fireblocks. The endorsement from established and thorough crypto venture capitalists is a massive boost for the platform and the sphere at large, it says. The team explained that Xternity rolled out its open BETA that provides games developers with multi chain API, embedded and customized wallet, and NFT platform at scale. It also features a Web3 CRM tool which is already integrated with leading blockchain net...
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Binace has burned millions of BNB token!

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 Crypto exchange platform Binance has concluded its 21st quarterly Binance Coin (BNB) burn, eliminating around $547 million worth of BNB tokens from its supply. In an announcement, Binance said that it had destroyed a total of 2,065,152 BNB tokens which is valued at just below $600 million at the time of writing. The exchange also mentioned that an added 4,833.25 BNB was burned through its Pioneer Burn Program, a mechanism that helps users who lost their digital assets through honest mistakes.On Oct. 3, the exchange also owned up to its commitment to help the Terra Luna Classic (LUNC) investors by burning LUNC trading fees collected on its LUNC/BUSD and LUNC/USDT spot and margin pairs. The exchange announced that in the initial burn, around $1.8 million worth of LUNC tokens were burned. While some parts of the community are burning tokens, some are burning artworks worth millions of dollars. On Oct. 12, British artist Damien Hirst set some of his physical artworks ablaze during a l...
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The web3.0 gaming Company launched NFat along with creater.

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 STAN, a blockchain-based esports fan engagement startup has launched the non-fungible tokens (NFT) and limited digital collectibles’ (LDC) collection in collaboration with more than 50 gaming creators and esports athletes in India, the company informed in an official release. “Our users will be easily able to purchase NFTs and Exclusive Limited Digital Collectibles through the STAN mobile app. The idea and objective behind this are to enable the users – including non-crypto-native ones – to tap into the burgeoning NFT gaming economy, while also engaging them actively along with their favorite esports creators and idols,” Nauman Mulla, co-founder,chief operating officer (COO), STAN, said. As per the release, both the STAN NFTs and exclusive LDCs are limited in quantity and are going to be made available for purchase for a very short period of time. The company further claimed that STAN will roll out a total of over 10,000 NFTs and over 2,000 exclusive LDCs are going to be launched...
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What is Fractional NFT?

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  In the hype of NFT and cryptocurrency, nowdays we are listening term like F-NFT Or Fractional NFT. In this article let's understand and simplify what is F-NFT. A F-NFT, also called to as a fractionalized NFT, is an NFT that has been broken down and split into the fractions to be sold individually.  fractional NFT is simply a whole NFT that has been broken divided into smaller fractions, allowing different numbers of people to claim ownership of a piece of the same NFT. It means on one NEFT, there can be more than one owner. The Doge meme NFT is example for it who sold into fractional part by PleasrDAO. Whether it's real value was $4 million but it sold into fractional in $DOG tokens that fans could purchase for as low as $1.fractional NFTs make it possible to buy and own a percentage of an NFT.  What is uses of F-NFTs ?  In gaming industry :  As the gaming industry increasing, now many game companies offering gaming asset as NFTs as prize for gamer, but due ...
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Polygon announced to colloborate with Nothing (a mobile making tech company)

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 For the purpose of creating huge impact of web3, polygon collaborated with "Nothing" a mobile making tech company situated in USA.  As already announced by Nothing, they are working on bringing web3 on your hand by including it on smartphone.  Nothing will add polygon network to offer non-fungible tokens (NFTs) on its new Android-based Nothing Phone (1).  The NFT project – dubbed "Nothing Community Dots" – consists of airdropping tokens to Nothing community investors, which unlock perks such as early access to new products and events.(coindesk)   The Ethereum scaling protocol’s tech will be integrated into Nothing’s first smartphone. to apps and games on the Polygon platform, Nothing Phone (1) users will be able to access the network’s payments and future features, such as a proof-based identification solution, Polygon ID, etc. Polygon revealed that the end goal is to make all of Nothing’s phone products and other ecosystem devices “future-ready” by backin...
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