Get a free NFT land in the new metauniverse RIGHT NOW! Friends, last year we were actively working on our metauniverse Crypto Soul World. And now, it's time to announce the imminent launch of this ambitious project! Right now you can buy CSW token on PancakeSwap early presale. In a month this token will be added to centralized exchanges like Kucoin and Huobi, and in December we plan a listing on Binance. CSW is a metauniverse utility token with which you can buy NFT land and NFT characters in Crypto Soul World universe. Details about the universe itself are still under wraps, but we will be publishing a Lite Paper very soon. 1. Go to https://pancakeswap.finance/swap 2. Find a pair BNB/CSW (CSW contract address: 0xA62106602B7F0ced0101F497F60E5Ad7AAc3DCBE) 3. Swap 10 000 CSW tokens or more and hold it at your wallet until the metauniverse launch. When the universe is launched, each CSW token holder will receive an NFT plot of land at the rate of 10 000 tokens = 1 NFT! For example, if you buy and hold 50 000 CSW tokens, you will receive 5 NFT when the metauniverse is launched! Hurry up, only 800,000 tokens are available for sale right now. Max 80 NFT plots will be distributed among all presale participants. The metauniverse is scheduled to launch on September 1.

Bank Of England Calls For Stricter Crypto Regulations As Crypto Markets Reel Under Pressure The Bank of England has called for stricter measures to prevent financial risks posed by digital assets even as the global cryptocurrency industry market cap gets slashed by over half. According to a “financial stability report” by the Financial Policy Committee (FPC) published Tuesday, the top bank noted that the ongoing storm had proven that the crypto sphere was still exposed to vulnerabilities rendering it an extremely risky industry. Although most of these vulnerabilities were similar to those facing more traditional parts of the financial system, the bank also noted the increasing risk posed by stablecoins, which are particularly unique.

Bitfarms Worried About The Fall In Bitcoin Prices Amidst Its Investment Plan in Latam Bitfarms, a global bitcoin mining company, has told that the price of bitcoin, above all other elements, is one of the most important factors for the future of the industry. Damián Polla, Bitfarm’s Latam General Manager, stated that countries like Argentina, where Bitfarms is currency building a bitcoin mega-mining center, were a very good destiny for bitcoin mining companies due to different factors. Falling Bitcoin Prices Constitute a ChallengeBitcoin mining companies are starting to feel the effects of the deceleration of the price of bitcoin in crypto markets. The company has declared that the fall of bitcoin prices, above all elements, is the most important problem that miners are facing right now. This has affected the company directly due to its holdings, taking its valuation from a unicorn status to a sub $500 million currently. In an interview given to local media, Damian Polla, Bitfarm’s Latam General Manager, stated: The biggest challenge facing the sector in the short term, both in Argentina and globally, is the fall in the price of bitcoin, which reduces revenues and increases operating costs. Polla also considered this fall in prices as proof of the advance of the cryptocurrency market, which he qualified as being “mainstream” in global markets due to its correlation with other traditional equity indexes. Bitfarms in ArgentinaThe company, which has a quota of 1.5% of the global Bitcoin hashrate, has made important investments in Argentina and Paraguay. The company is currently building a Bitcoin mega farm in Argentina, that will be designed to host 55K miners with a power capacity of 210 megawatts. While other companies in the country are executing layoffs as a plan to resist the announced upcoming economic phase, Bitfarms is currently generating 200 jobs with the construction of the mentioned mining facility. Polla revealed the factors that had made Bitfarms put its investment in the country instead of taking them elsewhere. He explained: Argentina is a very good destination for an investment of this type because it offers competitive energy prices, quality human resources, and a very active cryptocurrency ecosystem. Despite the economic ups and downs, the crypto ecosystem in Argentina is a leader in the region. While the company is not currently planning new investments in the area, Polla explained that Bitfarms is always evaluating new opportunities in Argentina, Latam, and even the U.S.

Coinweb is one of the most promising projects Now the price of CWEB token on exchanges Gate.io and Kucoin grows against the market. The project is the killer of DOT and similar services. Now its price is only $0.02, although at the start of trading a few months ago it was worth more than $0.2. Analysts agree that the token could be worth more than $0.5 by the fall, and will reach $1 in 2023.

Brazil’s Biggest Bank Adds Bitcoin and Ethereum Trading For Users The largest neobank in Brazil and one of the biggest fintech institutions in Latin America, NuBank announced crypto trading integration on Wednesday (May 11, 2022). NuBank in partnership with blockchain developer Paxos will now provide users with the option to trade the two largest cryptocurrencies in the world by market cap – Bitcoin and Ethereum. The support for digital asset trading is expected to go live on Thursday (May 12, 2022). JUST IN: 🇧🇷 Brazil’s largest digital bank, Nubank, is set to offer #Bitcoin and #Ethereum trading.

Tether Reveals Plans to Shrink Short-term Debts in USDT Reserves Below 30% Tether, the crypto startup behind the world’s largest stablecoin by market cap and traded volume, said it has plans to shrink the existing short-term corporate debts in its USDT reserves. The company’s Chief Technology Officer Paolo Ardoino explained that the process is scheduled to happen in phases and reduction will continue until Tether is satisfied with the results. Indeed, the announcement comes amid growing concerns regarding the specific assets backing the USDT stablecoin and the companies providing these assets.

Institutions Trim Down Crypto Investments Amid Regulatory and Geopolitical Uncertainty: CoinShares A leading digital asset manager says crypto investment products experienced outflows over the last week for the first time in seven weeks. According to the latest weekly CoinShares report, digital asset investment products suffered outflows of $110,000,000 last week. CoinShares says that the North American outflows of $80 million are likely a response to US President Joe Biden’s executive order on crypto, though exact reasons are unclear.

Uber Will Accept Bitcoin When It “Becomes More Environmental Friendly” – CEO Khosrowshahi Uber, the largest ride-hailing company globally has confirmed that the firm is open to accepting Bitcoin payments in the future. In a Friday interview on Bloomberg, the company’s C.E.O Dara Khosrowshahi stated that they were actively engaging in discussions around crypto and when time is ripe for them, they would “absolutely” start accepting payments in Bitcoin. “We are having conversations all the time,” he told Bloomberg’s Emily Chang and Guy Johnson, “ I think right now what we see, with Bitcoin and some of the other cryptos is that they are quite valuable as a store of value.”

Web3 Social Subscription And NFT Marketplace O-MEE Announces Partnership With Noir O-MEE, a combined Web 3 social subscription and NFT Marketplace, has announced its strategic partnership with the blockchain, Web 3, and DeFi branding agency Noir. With constant innovation and diversity in technology, Noir helps sophisticated projects present their mission to their target audience. It also fosters a stronger emotional connection between a project, its users and partners, growing companies through the virtue of trust and community involvement. Noir has experience in providing advice, brand development, investment, and marketing services to the founders of several ambitious Web 3 and DeFi projects.

Non-Custodial Multichain Identity Wallet Safle Raises $4M Ahead Of IDO The non-custodial wallet developer Safle is well on its way to putting digital identities back into the hands of users after closing on a $4 million private funding round today. MapleBlock, GSR, Sanctum and Ghaf Capital Partners were all involved in today’s round, which saw participation from a host of individual backers too, including Frontier Wallet founder and CEO Ravindra Kumar, Purefi co-founder and BPO Sasha Antropov, Jun Capital partner Alex Man, Innov8 founder Ritesh Malik and MahaDAO founder Steven Enamakel and the Lithuanian professional poker player, politician and businessman Tony G.