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Transak has officially listed Tether Gold (XAU₮), a gold-backed stablecoin issued by Tether, on its global stablecoin onboarding platform, as per the reports shared with Finbold on Monday, July 7, The listing allows users worldwide to purchase, transfer, and settle in gold-backed tokens without traditional intermediaries or physical storage requirements. Each XAU₮ token represents one troy ounce of physical gold stored in Swiss vaults. Users in regions experiencing inflation or economic volatility can now buy real gold-backed tokens using local payment methods, including PIX and SEPA, directly from their wallets. “At Transak, we’ve built the world’s most robust infrastructure for onboarding users into stablecoins, and adding Tether Gold is a natural evolution,” noted Sami Start, co-founder and CEO of Transak. “A gold-backed asset like XAU₮ expands the horizon. It offers people a path to preserve value in something time-tested, tangible, a...

Virtual Real Estate: Metaverse Ownership Explained! In recent years, virtual real estate has emerged as a groundbreaking trend in the world of digital assets and the metaverse. Virtual real estate refers to parcels of land or property within a digital world, where individuals, brands, and businesses can buy, develop, and monetize virtual spaces. In this article, we’ll explore the fundamentals of metaverse ownership, why virtual real estate has value, and how individuals and organizations can enter this new digital frontier. What is Virtual Real Estate? Virtual real estate represents parcels of land or spaces within the metaverse—digital realms that exist on platforms like Decentraland, The Sandbox, and Somnium Space. Similar to physical real estate, virtual land is limited in supply and can be purchased, developed, leased, and sold. These spaces can house virtual buildings, stores, games, and experiences, creating new avenues for social interaction, commerce, and entertainment. Unlike ...

LocalMonero is a peer-to-peer  (P2P) trading platform for privacy-focused coin Monero (XMR). The platform is winding down, with the website set to shutter on November 7. LocalMonero, the largest peer-to-peer (P2P) trading platform for Monero ( XMR ), is shutting down. The P2P platform announced late Tuesday that it’s ending operations effective immediately, with new signups and ad postings disabled as of May 7. Ahead of the complete website shutdown, LocalMonero will halt all trading activities, with this scheduled for May 14. The platform’s seven-year stint that saw it become the largest peer-to-peer trading platform for Monero officially comes to a close on November 7. As it begins its six-month wind-down process, LocalMonero says the decision to shut shop comes amid a confluence of internal and external factors. However, the announcement on the platform’s website does not provide specific reasons for the move. Meanwhile, all use...

Sui 8192 is a tile-sliding puzzle game launched in October 2022 and is fully on-chain. Each move is recorded as a transaction on the Sui Network. A simple blockchain game has been behind a massive spike in daily transactions on the Sui Network, with one data platform even suggesting it has surpassed Solana in network activity. Similar to the 2014 viral browser-based puzzle game 2048, Sui 8192 is a sliding tile game where the players use their arrow keys to shift and combine tiles until they reach a tile worth 8192. It was first launched in October 2022. Each instance of the game mints a new object, similar to minting an NFT, and each move in the game is recorded as a transaction and thus requires a gas fee payment, according to a July 10 blog post from the Sui Foundation. Haha! Finallyyyy!!!! #sui 8192 @EthosWalletXYZ I got it. pic.twitter.com/xzau7SO0Fv — hagoyyds.bnb (@hagoyyds) July 16, 2023 The game was built by Sui wallet provider Ethos Wallet as the first wholly on-cha...

InQubeta (QUBE), a platform combining artificial intelligence (AI) and blockchain, has garnered attention for its goal to improve growth and profitability in the crypto market. As the demand for AI-driven solutions continues to rise, InQubeta aims to outperform established players like Aave (AAVE) and Aptos (APT) with its curated marketplace, connecting investors with promising AI projects. The platform ’s marketplace showcases diverse, high-potential AI projects, enabling investors to become early backers and reap the rewards of their visionary investments. You might also like: Advancements in AI to spark broader adoption of InQubeta and Bittensor  The ongoing presale of InQubeta has gained significant traction, with over $1.3 million raised in its second stage and more than 175 million tokens sold. This robust response underscores the market’s recognition of InQubeta’s proposition and its potential to drive future advancements in the crypto industr...

Despite the rapid development of the cryptocurrency market, experts believe a lack of simple investment tools, particularly index investing, are holding back beginner investors. Investing has always been an important tool for boosting financial success, especially as inflation increases, and it becomes harder for people around the world to make ends meet. By adopting even a beginner investment strategy, many have found a solution to stay ahead of rising costs and build their wealth over time. Now, with the introduction of the cryptocurrency market, some investors have shown just how life-changing a small investment can make, as larger fluctuations generate higher profits and 24/7 operation times pave the way to a level of flexibility and convenience for those that work a nine-to-five job. Moreover, the barriers to entry are also reduced, as altcoins and fractional ownership enable people of all income levels to participate. With the potential for high returns, cryptocurrency investmen...