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12/03/2022

According to recent media reports, six European countries, led by Germany, are working on launching an Anti-Money Laundering (AML) body that will include the cryptocurrency market in its purview. Details remain scarce, but it is known that the initiative involves Germany, Spain, Austria, Italy, Luxembourg and the Netherlands. The group is working on “the remit and design” of a new international AML watchdog force that will have a particular emphasis on crypto, and the European Commission — the key executive institution of the European Union — will be the primary platform for the discussion. How will the move affect the European crypto space?

The watchdog’s mandate
The new task force will aim to “cover the riskiest cross-border entities among banks, financial institutions and crypto assets service providers.” At the moment, the initiative still awaits official deliberation. Christian Toms, a partner in law firm Brown Rudnick’s litigation and arbitration practice group in London, noted to Cointelegraph:

Governed by directives
Changes to the regulatory landscape
The hardline scenario

12/03/2022

The metaverse is the internet on steroids. It’s a 3D location shared by millions of connected users where anything is possible. And with multi-billion dollar companies going to the extent of rebranding themselves to accommodate the metaverse, it is safe to say that we are at the cusp of a revolution!

There has been a remarkable explosion of blockchain gaming projects at the conjuncture of NFTs, Player-versus-Player (PvP) and Play-to-Earn (P2E) model. The number of active blockchain gaming projects has doubled in 2021 alone, soaring to over 400 projects with the gaming user base quadrupling in the last two months of 2021.

One such game that has been generating hype and a sense of WAGMI in the gaming community and crypto investors is the NFT-based gaming project, Guzzler. Guzzler is pegged to be blockchain’s hottest racing game while being a portal to the wider metaverse.

So, what is Guzzler all about and what lies ahead for it? Read on to find out.

An Overview of Guzzler

Guzzler (GZLR) is a crypto gaming project that is niched towards car racing enthusiasts and car designers. The game offers customizable and operable cars, wheels, body kits, color mods and performance parts to be minted as NFTs for voyaging through the game and beyond into the metaverse.

The project reimagines “travel” through the metaverse indicating that the game may grow out of the confines of strict racing and even be of utility in the wider metaverse for driving and renting among other things. The GZLR community currently consists of 4540 $GZLR holders and 18,623 members and is rapidly expanding.

GZLR was launched on a decentralized crypto startup incubator, YashaDAO, which offers an investment ecosystem. The features of the launchpad itself are quite noteworthy as they have extensive and stringent project vetting processes, such as live recorded video calls, 2FA with phone numbers, watch list checks and background checks, before listing on the platform thereby letting only credible projects to be filtered through. The launchpad has also incubated innovative projects like Clifford Inu, Pochi Inu, Maneki-Neko, PlantDAO and World Peace Token.

12/03/2022

Zenith Chain, a digital peer-to-peer network that aims to implement a use case-specific blockchain has announced the launch of its much-awaited CEX platform with support for over 200 top cryptocurrencies across 175 countries. The zenith CEX is scheduled to be released on March 10th, 2022.

Zenith CEX is a cutting-edge new-age crypto exchange that offers secure trading. The zenith CEX is a regulated exchange platform that handles critical issues such as security, liquidity, and fiat to crypto and vice versa transactions, among others. The exchange is one of just a few completely insured marketplaces in the globe. with the zenithcex.com trading software, one can trade their preferred altcoin, bitcoin, or Ethereum. Some of the key trading features of the CEX trading platform include:

Spot Trading: The Zenith CEX, like any other top centralised exchange, offers spot trading alternatives. Users can buy and sell their preferred tokens or coins with ease. They can either utilise the “Limit Buy” option to set the price at which they wish to buy a specific currency or token. Users can, on the other hand, use the “Market Buy” option to decide how much of their current asset they want to spend on another token or coin.

Margin Trading: Users who want to increase their trading gains can use Zenith CEX’s margin trading option. This trading option multiplies trading results, allowing traders to profit more from good deals. To get started, users will need to put down a percentage of the total order value. After they’ve opened the trade, they can choose to sell Long or Short.

P2P Trading: P2P is a type of trade that takes place between users rather than between users and the exchange. This option allows them to buy and sell bitcoins directly from or to other users.

Real-time Prices: The Zenith CEX offers real-time prices, unlike many other centralised exchanges. Users will be able to see the price changes as they occur because prices change in real-time. Users can also get a detailed pricing history on the exchange. Users have the option of accessing which price history they wish. 1 minute, 15 minutes, 30 minutes, 1 hour, 4 hours, 1 day, 1 week, or 1 month are all possibilities. They’ll be able to read the chart more clearly and make more accurate forecasts as a result of this.

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