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- 🍊 Donald Trump unveils his new collection of "Digital Trading Card" Polygon NFTs
🍊 Donald Trump unveils his new collection of "Digital Trading Card" Polygon NFTs
🍊 Donald Trump unveils his new collection of "Digital Trading Card" Polygon NFTs 🙄 Binance delists MITH, Mithril asks for $54m BNB deposit return 🤝 PayPal joins hands with ConsenSys to make buying crypto easier in the mobile MetaMask app
GM, $VEMP kings. Just a few hours until the week is over and you can finally get some rest. Let's be honest, this week has been a royal pain in the butt for some of us and we are ready to call it quits. So here's to surviving the week and a big ol' round of congratulations to all who made it through without too much fuss! Cheers!
Here's what recently happened in the space:
🍊 Donald Trump unveils his new collection of "Digital Trading Card" Polygon NFTs
🙄 Binance delists MITH, Mithril asks for $54m BNB deposit return
🤝 PayPal joins hands with ConsenSys to make buying crypto easier in the mobile MetaMask app
Donald Trump unveils his new collection of "Digital Trading Card" Polygon NFTs
Donald Trump is back at it again, but this time is different. He's taken his branding and business savvy to the next level, releasing a collection of "digital trading cards" or, in essence, NFTs.
Trump's latest venture is sure to please his most devoted followers and collectors, with the promise of a 1-on-1 Zoom call or even one hour of golf with the former president himself as prizes.
And don't worry, Trump made sure to remind his fans that this collection is perfect for Christmas and won't last long, he wrote: "Would make a great Christmas gift. Don’t Wait. They will be gone, I believe, very quickly!".
Trump's collection is going to be minted on Polygon, with 45,000 NFTs available in the initial run. After that, will Trump's digital trading cards skyrocket in value? We'll have to wait and see.
And as for whether or not he will be successful in his 2024 presidential campaign? Maybe this latest venture is an indication of what we can expect from Donald Trump: PR at any cost.
Binance delists MITH, Mithril asks for $54m BNB deposit return
Yesterday, Mithril (MITH), along with Augur (REP), Tribe (TRIBE) and Bitcoin Standard Hashrate Token (BTCST) were all delisted from Binance. Binance has announced this move in the lead up to Christmas, as part of their regular review process. And we all thought Santa was supposed to give us presents!
Most of these projects were delisted because they failed to meet one of Binance’s nine criteria. These criteria include “trading volume and liquidity,” “level of public communication,” and a number of others.
One of the projects, MITH cited their “long history” of working with Binance. It seems that MITH might have been a bit too inactive lately and this may very well be the reason for its delisting from Binance, but that's not the most interesting part.
MITH is currently asking for their 200,000 BNB (worth around $54 million) deposit back which was allegedly required from them to get listed on Binance in the first place. It's not clear whether that deal included any provision for the deposit to be returned in case of delisting or not.
And here's the thing: Binance has been known to be one of the most transparent and genuine exchanges out there. There is no proof that Binance has taken this deposit in the first place and if they have, returning it to MITH would be a stupid move for Binance since, firstly, taking MITH off the exchanges is a part of their usual review process and secondly, BNB price has increased more than 20 times since MITH allegedly deposited it.
It may not be a black and white situation, but it does leave us wondering what exactly is going on here. All we can do is wait for an official statement from Binance and hope that this gets sorted out in a manner that's fair to everyone involved.
PayPal joins hands with ConsenSys to make buying crypto easier in the mobile MetaMask app
But it's not all bad in the world of crypto: if you ever wanted to buy ETH from within your wallet, PayPal has got your back! Yes, that's right - thanks to the new partnership between ConsenSys and PayPal, you can now buy ETH using your PayPal account in the Mobile MetaMask App. So, no need to worry about complicated crypto exchanges or dealing with third parties.
ConsenSys claims that this partnership will provide a simpler and more convenient way for users to buy, transfer and store their crypto. ConsenSys' press release quotes Lorenzo Santos, Product Manager for MetaMask, as saying that the integration with PayPal will enable users to "not just buy crypto seamlessly through MetaMask, but also to easily explore the Web3 ecosystem."
This might come in handy to someone who was intrigued by crypto but the process seemed too complicated to bother with. And since PayPal is a payments giant, providing this kind of on-ramp will definitely increase the adoption of MetaMask and Web3 itself.