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Copernic Space and Lunar Outpost target space commercialization via NFTs

by Coy Buckley

Both companies are offering companies and individuals the chance to buy space on a lunar lander in the form of nonfungible tokens.

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Copernic Space and Lunar Outpost target space commercialization via NFTs

Copernic Space and Lunar Outpost are set to launch a public sale for tokenized payload space in a lunar lander headed for the moon in Q4 2022.

According to an announcement issued on Wednesday, the blockchain space outfit Copernic Space and space robotics company Lunar Outpost will sell the payload space aboard the craft in the form of nonfungible tokens or NFTs.

Corporate and retail buyers will be able to buy, fractionalize and resell payload space NFTs on Lunar Outpost’s M1 MAPP rover.

Ownership of the NFT will reportedly confer ownership of the payload space within the lander denominated in kilograms (kg).

Speaking to Cointelegraph, Copernic Space co-founder and CEO Grant Blaisdell said that the sale will cover 3.5kg of available payload space with an initial sale price of $4.25 million per kg.

According to Blaisdell, the right to use the payload space will require at least a 100g purchase. However, the Copernic Space CEO revealed that smaller purchases were possible, stating:

“They can purchase much smaller and divided amounts whether it be 10g or 1/10th of a gram. I mean the unique rarity of owning a portion of a permanently limited asset that sits on the moon is literally out there but the internal rarity comes out of the specific application of the space itself, if your payload space has an actual payload, any related NFT will have an additional layer of uniqueness compared to those that don't.”

Blaisdell also commented on the possibility of fractionalizing the payload space NFT into smaller pieces as a way of making the asset even more affordable for prospective buyers. Indeed, Blaisdell told Cointelegraph that the fractional NFT model will be applied to other space assets, including rovers and satellites.

Related: Nifty News: NFTs in space, defunct CryptoPunks, Ernst Young gets in on the act

According to the announcement, Copernic Space and Lunar Outpost plan to release other NFTs that will offer more access to the rover after landing on the moon.

As previously reported by Cointelegraph, fractionalized NFT projects have been gathering steam over the past few months, seemingly lowering the barrier for owning popular nonfungible token assets.

However, some regulators say fractional NFTs may constitute investment contracts, which makes them securities.

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Bitcoin Depot’s cryptocurrency ATM network continues to expand, with North American installations surpassing 5,000 for the first time amid a surge in retail adoption. 

With the milestone, Bitcoin Depot is once again the largest ATM network in North America, the company announced Thursday. The number of kiosks has tripled in the last six months, giving more users access to cryptocurrency transactions without requiring a bank or other third-party financial services provider.

Bitcoin Depot’s partnership with Circle K convenience stores has been a major source of growth for their crypto kiosks. As Cointelegraph reported, the two companies announced in July that the convenience store chain will be home to thousands of Bitcoin ATM machines.

The growth of crypto kiosks is viewed by many as a proxy for the retail adoption of Bitcoin (BTC) and other digital assets. Crypto ATM installations have surged in El Salvador, where Bitcoin recently became legal tender, giving people an easier way to transact in BTC or convert it to fiat.

Salvadorans are also making use of their government-backed Chivo cryptocurrency wallet. According to President Nayib Bukele, more than a third of the country’s residents are “actively” using Chivo.

Related: El Salvador ranks third in global Bitcoin ATM installations, data finds

Nevertheless, the growth of Bitcoin ATMs isn’t without risk. Kraken Security Labs, the security outfit of the popular cryptocurrency exchange, warned earlier this week that a “large number” of Bitcoin ATMs are susceptible to being hacked because administrators never changed the default admin QR code. The security team said that if hackers are able to obtain the admin code, they can essentially “walk up to an ATM and compromise it.”

\n\n",audio:"https://s3.cointelegraph.com/audio/73579.12afb44a-8a8b-4e42-a985-c221a2cf8423.mp3",facebookShares:d,twitterShares:d,linkedinShares:d,redditShares:d,views:978,shares:D,tags:[{id:"345",slug:"atm",title:"ATM",url:"/tags/atm"},{id:fT,slug:fU,title:fs,url:eR},{id:"7788",slug:"bitcoin-depot",title:"Bitcoin Depot",url:"/tags/bitcoin-depot"},{id:"9572",slug:"el-salvador",title:"El Salvador",url:"/tags/el-salvador"}],topics:[],relatedPosts:[],trackingPixelUrl:"https://zoa.cointelegraph.com/pixel?postId=73579regionId=1",showShares:b,showStats:b,isNoIndex:a},{id:fN,isDeleted:a,isDisclaimerHidden:d,isSponsored:a,isPressRelease:a,isExplained:a,slug:"btc-holds-crucial-support-at-40k-watch-the-market-report-with-gareth-soloway",url:lR,absoluteUrl:"https://cointelegraph.com/news/btc-holds-crucial-support-at-40k-watch-the-market-report-with-gareth-soloway",title:gR,youtubeVideoIdCover:"3OCf-yAie3o",cover:lT,datePublished:U,dateHuman:ma,humanDateTime:"2021-09-30 17:00",dateISOFull:"2021-09-30T16:00:00+01:00",publishedDateTimeObject:{year:A,month:u,day:K,hour:fL,minute:f,second:f,millisecond:f},categorySlug:H,categoryUrl:I,categoryName:J,authorName:hc,authorUrl:"/authors/cointelegraph",authorAvatar:"https://s3.cointelegraph.com/storage/uploads/view/8ad504119f606b2b8f4fece56680108f.jpg",previewText:lS,twitterLeadText:"The Market Report with trader Gareth Soloway is LIVE! Tune in now for the latest crypto market analysis.",badgeSlug:"success",badgeName:me,fullText:"

Join Cointelegraph host and analyst Benton Yaun alongside resident market experts Jordan Finneseth and Marcel Pechman on “The Market Report” — which is live right now! Here’s what to expect in this week’s markets news breakdown:

  • Whales have been busy moving a record amount of Bitcoin (BTC). How will this affect prices?
  • Bitcoin is long overdue for a “FOMO rally” to new all-time highs, according to Bobby Lee, the former CEO of BTCC. Does his claim have merit?
  • Despite China’s crackdown on the crypto industry last week, Bitcoin nodes still appear to be operating in the People’s Republic, proving Bitcoin’s resilience once again.
  • Polygon’s daily active addresses briefly surpassed those of Ethereum. Could this mark a turning point for the network?

Next, trader Gareth Soloway joins the show to discuss the recent correlation between BTC and the stock market, his sentiments toward the current market situation, and his analysis of BTC price action.

Cointelegraph market analyst Pechman then gives a detailed explanation of hash rates, which are the measure of the processing power behind a network’s mining. What does 100 exahashes per second actually mean, and how does Bitcoin compare to other networks?

Using insights from Cointelegraph Markets Pro, a platform for crypto traders who want to stay one step ahead of the market, the Cointelegraph experts identify two altcoins that stood out this week: CELO and RGT.

Then it’s on to the show’s second expert take, this one from Cointelegraph market analyst Finneseth. He gives his insights on how the China ban will impact decentralized exchanges and the decentralized finance (DeFi) ecosystem.

Last is the interactive QA segment of the show. If you have a crypto-related question and can’t find the answer, then this segment is for you! Simply write your question in the chat, and the Cointelegraph experts will break it down for you!

“The Market Report” streams live every Thursday at 4:00 pm UTC, so be sure to head on over to Cointelegraph’s YouTube page, and smash that like and subscribe button for all our future videos and updates.

\n\n\n\n\n",audio:"https://s3.cointelegraph.com/audio/73568.c47072e8-63ab-447e-bc77-3c488a0f34a8.mp3",facebookShares:d,twitterShares:d,linkedinShares:d,redditShares:d,views:2177,shares:ey,tags:[{id:V,slug:ft,title:W,url:eS},{id:fV,slug:fW,title:fX,url:fY},{id:mf,slug:hd,title:"Altcoin",url:he},{id:"695",slug:"bitcoin-price",title:"Bitcoin Price",url:"/tags/bitcoin-price"},{id:"1021",slug:"investments",title:"Investments",url:"/tags/investments"},{id:"1298",slug:"bitcoin-regulation",title:"Bitcoin Regulation",url:"/tags/bitcoin-regulation"},{id:hf,slug:hg,title:fu,url:fv},{id:"9421",slug:"trading",title:"Trading",url:"/tags/trading"}],topics:[],relatedPosts:[],trackingPixelUrl:"https://zoa.cointelegraph.com/pixel?postId=73568regionId=1",showShares:b,showStats:b,isNoIndex:a},{id:fq,isDeleted:a,isDisclaimerHidden:d,isSponsored:a,isPressRelease:a,isExplained:a,slug:"binance-hires-former-irs-ci-special-agent-to-head-intelligence-division",url:lU,absoluteUrl:"https://cointelegraph.com/news/binance-hires-former-irs-ci-special-agent-to-head-intelligence-division",title:gS,youtubeVideoIdCover:c,cover:lV,datePublished:U,dateHuman:"3 hours ago",humanDateTime:"2021-09-30 16:45",dateISOFull:"2021-09-30T15:45:00+01:00",publishedDateTimeObject:{year:A,month:u,day:K,hour:ey,minute:45,second:f,millisecond:f},categorySlug:H,categoryUrl:I,categoryName:J,authorName:mb,authorUrl:mc,authorAvatar:md,previewText:"Regulatory scrutiny from around the world has forced the cryptocurrency exchange to up its compliance and auditing measures. ",twitterLeadText:"The new hire spent a decade with the Internal Revenue Service, where he was involved in high-profile investigations that included Silk Road",badgeSlug:j,badgeName:aa,fullText:"

Cryptocurrency exchange Binance has hired a former United States Internal Revenue Service agent to head its new intelligence division, a strong indication that the company is looking to bolster its compliance resources.

Tigran Gambaryan joins Binance as vice president of global intelligence and investigations, the company announced Thursday. Binance is Gambaryan’s first private-sector employer since he joined the IRS as a special agent in September 2011.

During his time at the IRS, Gambaryan investigated cases involving national security, terrorism financing, tax evasion and identity theft. He was also involved in the investigation of Silk Road , a dark web marketplace that facilitated some of the earliest cryptocurrency transactions. Silk Road was shut down by the FBI in October 2013, with founder Ross Ulbricht arrested and eventually sentenced to a double life sentence plus 40 years with no possibility of parole.

At Binance, Gambaryan will be tasked with conducting internal and external investigations “to prevent threats and financial losses.” The audit and investigations team will also work closely with law enforcement agencies and regulators.

Binance appears to be stepping up its compliance measures in response to regulatory upheaval from around the globe. The exchange has been forced to suspend operations and trading services in several markets, including Japan, the United Kingdom, Germany and the Canadian province of Ontario, for allegedly failing to comply with local licensing laws.

Related: Binance pushes back against warning from South Africa regulator

More recently, Binance moved to block fiat deposits and spot crypto trading services in Singapore amid regulatory pressures. The exchange also ceased crypto futures and options in Australia.

\n",audio:"https://s3.cointelegraph.com/audio/73578.c96dd56f-109a-4478-95ce-46eb653f44c7.mp3",facebookShares:d,twitterShares:d,linkedinShares:d,redditShares:d,views:810,shares:fZ,tags:[{id:al,slug:"silk-road",title:"Silk Road",url:"/tags/silk-road"},{id:"290",slug:"irs",title:"IRS",url:"/tags/irs"},{id:"7645",slug:"binance",title:"Binance",url:"/tags/binance"},{id:mg,slug:mh,title:mi,url:f_}],topics:[],relatedPosts:[],trackingPixelUrl:"https://zoa.cointelegraph.com/pixel?postId=73578regionId=1",showShares:b,showStats:b,isNoIndex:a},{id:fO,isDeleted:a,isDisclaimerHidden:d,isSponsored:a,isPressRelease:a,isExplained:a,slug:"white-hat-hacker-paid-defi-s-largest-reported-bounty-fee",url:lW,absoluteUrl:"https://cointelegraph.com/news/white-hat-hacker-paid-defi-s-largest-reported-bounty-fee",title:gT,youtubeVideoIdCover:c,cover:lX,datePublished:U,dateHuman:"5 hours ago",humanDateTime:"2021-09-30 13:55",dateISOFull:"2021-09-30T12:55:00+01:00",publishedDateTimeObject:{year:A,month:u,day:K,hour:eT,minute:55,second:f,millisecond:f},categorySlug:H,categoryUrl:I,categoryName:J,authorName:hh,authorUrl:hi,authorAvatar:mj,previewText:"Cointelegraph spoke to the hacker for insights on the timeline of events, as well as the wider implications of bounty programs on DeFi’s security landscape.",twitterLeadText:"@TomFarren4 spoke to whitehat hacker @bobface16 for exclusive insights into his discovery of the vulnerability and how the team averted a potential crisis.",badgeSlug:j,badgeName:aa,fullText:"

Belt Finance, an automated market maker (AMM) protocol operating a yield optimization strategy on Binance Smart Chain (BSC), claims to have paid the largest bounty in the history of decentralized finance (DeFi) to a white hat hacker who averted a $10-million bug crisis. 

Industry white hat programmer Alexander Schlindwein discovered the vulnerability in Belt Finance’s protocol this week and reported the news to the team. For his efforts, Schlindwein received a generous compensation of $1.05 million, the majority of which ($1 million) was granted by Immunefi, with the additional $50,000 offered by Binance Smart Chain’s Priority One program.

Immunefi is one of the market leaders in software security for cryptocurrency projects. Since its inception, the platform has reportedly paid out in excess of $3 million to white hat hackers who have successfully identified technical infrastructure flaws in smart contracts and crypto platforms.

Priority One is a BSC initiative launched in July to enhance the security of decentralized applications (DApp) within the platform’s native ecosystem. Mirroring the structure of Immunefi, the service provides a $10-million incentive fund to blockchain bounty hunters who successfully contribute to the avoidance of security breaches across 100 DApps.

Schlindwein told Cointelegraph about how he discovered the vulnerability:

“I went through the list of bug bounties on Immunefi and picked Belt Finance as the next one to work on. While I was studying their smart contracts, I noticed a potential bug in the internal bookkeeping, which keeps track of each user’s deposited funds. Playing the attack through with pen and paper gave me more confidence in the existence of the bug. I continued by producing a proper proof-of-concept [PoC] which undoubtedly confirmed its validity and economic damage.”

“The next step was to create an official report on Immunefi including the PoC and an extensive description of the exploit,“ Schlindwein said, adding, “Immunefi reacted immediately to the critical report, and within three minutes after submission, it was escalated to the Belt team. Shortly after, Belt confirmed the validity of the report and began implementing a fix, which then patched the vulnerability.”

Related: The perfect storm: DeFi hacks will advance the crypto sector moving forward

Although DeFi’s security breaches remain a prevalent concern, it has been argued by some that the nascent ecosystem will benefit from such incidents in the long term, as areas of weaknesses are starkly highlighted.

Cointelegraph asked Schlindwein his perspective on the importance of bounty programs in supporting DeFi’s antifragile ambitions:

“I am strongly convinced of the importance of bug bounties and initiatives such as bounty funds. DeFi security consists of multiple layers, starting with peer review and unit testing to external audits and formal verification. Bug bounties are the last line of defense should an issue slip through the overlying layers with the potential to prevent a devastating hack while instead seriously fixing the issue and compensating the finder.”

“Bug bounties in DeFi have been a rare sight before Immunefi existed, only offered by the ‘Crème de la Crème’ of projects. It’s great to see hundreds of projects launching their bug bounty nowadays, which will certainly bring DeFi security forward in the long run,” Schlindwein concluded.

\n\n\n\n\n\n",audio:"https://s3.cointelegraph.com/audio/73552.8d98ba0c-f875-4193-940e-ecaa94e91a44.mp3",facebookShares:d,twitterShares:d,linkedinShares:d,redditShares:d,views:3348,shares:en,tags:[{id:ag,slug:mk,title:hj,url:f$},{id:"1852",slug:"hackers",title:"Hackers",url:"/tags/hackers"},{id:hf,slug:hg,title:fu,url:fv}],topics:[],relatedPosts:[],trackingPixelUrl:"https://zoa.cointelegraph.com/pixel?postId=73552regionId=1",showShares:b,showStats:b,isNoIndex:a},{id:ew,isDeleted:a,isDisclaimerHidden:d,isSponsored:a,isPressRelease:a,isExplained:a,slug:"compound-supply-bug-mistakenly-rewarded-users-with-70m-in-tokens",url:gU,absoluteUrl:ml,title:fP,youtubeVideoIdCover:c,cover:gV,datePublished:U,dateHuman:ga,humanDateTime:"2021-09-30 12:59",dateISOFull:"2021-09-30T11:59:58+01:00",publishedDateTimeObject:{year:A,month:u,day:K,hour:Y,minute:mm,second:gb,millisecond:f},categorySlug:H,categoryUrl:I,categoryName:J,authorName:hh,authorUrl:hi,authorAvatar:mj,previewText:"It is expected that the total figure of tokens could rise to north of $85 million.",twitterLeadText:"DeFi protocol Compound Finance is experiencing a contract bug resulting in the excessive distribution of the platform's native COMP tokens. ",badgeSlug:j,badgeName:aa,fullText:"

Decentralized finance (DeFi) interest rate protocol Compound Finance has reported a token distribution bug within its newly implemented Proposal 062, which is over-rewarding suppliers into the tens of millions of dollars. 

The upgrade was designed to “split COMP rewards distribution and bug fixes” and was fully verified without issues. However, within hours, the team noted “unusual activity,” stating that “Compound Labs and members of the community are investigating discrepancies in the COMP distribution.”

Despite the developments, the team has stressed that no funds either supplied or borrowed are at risk. Users of the protocol are reporting sizable windfalls, one claiming a deposit of 70 million COMP tokens into their account, equivalent to $20 million.

The founder of Compound Labs, Robert Leshner shared some insight into the events:

\"Proposal 62 and the new contract were written by a community member, with review from multiple other community members. This is the greatest opportunity, and greatest risk for a decentralized protocol--that an open development process allows a bug to enter production.\"

Super-Coder at SushiSwap Mudit Gupta revealed that a single letter bug was responsible for the error in a series of tweets.

About 240k COMP tokens (~$70m) have been given away already and another 40k (~$13m) will likely be given away soon. If you had supplied tokens before today, go try your luck.

It will be interesting to see if Compound requests users to return the extra tokens (like Alchemix did)

— Mudit Gupta (@Mudit__Gupta) September 30, 2021 \n\n \n\n\n\n\n\n",audio:"https://s3.cointelegraph.com/audio/73558.099b503d-a235-40da-bb5e-211a71a2f435.mp3",facebookShares:d,twitterShares:d,linkedinShares:d,redditShares:d,views:4817,shares:fw,tags:[{id:mn,slug:mo,title:mp,url:mq},{id:hf,slug:hg,title:fu,url:fv}],topics:[],relatedPosts:[],trackingPixelUrl:"https://zoa.cointelegraph.com/pixel?postId=73558regionId=1",showShares:b,showStats:b,isNoIndex:a},{id:cm,isDeleted:a,isDisclaimerHidden:d,isSponsored:a,isPressRelease:a,isExplained:a,slug:"visa-working-on-blockchain-interoperability-hub-for-crypto-payments",url:gW,absoluteUrl:mr,title:fQ,youtubeVideoIdCover:c,cover:gX,datePublished:U,dateHuman:ga,humanDateTime:"2021-09-30 12:58",dateISOFull:"2021-09-30T11:58:17+01:00",publishedDateTimeObject:{year:A,month:u,day:K,hour:Y,minute:gb,second:hk,millisecond:f},categorySlug:H,categoryUrl:I,categoryName:J,authorName:eU,authorUrl:eV,authorAvatar:hl,previewText:"Visa’s new blockchain interoperability project is designed to serve as a “network of blockchain networks.”",twitterLeadText:"Visa is working on a “universal adapter” of blockchains to connect multiple cryptocurrencies, stablecoins and CBDCs via a single payment channel.",badgeSlug:j,badgeName:aa,fullText:"

Global payments giant Visa has introduced a project that aims to be a “universal adapter” of blockchains that can connect multiple cryptocurrencies, stablecoins as well as central bank digital currencies (CBDC).

According to an official announcement on Thursday, Visa’s research team is working on a “Universal Payment Channel” (UPC) initiative, a blockchain interoperability hub connecting multiple blockchain networks and enabling transfers of digital assets from different protocols and wallets.

“Imagine splitting the check with your friends, when everyone at the table is using a different type of money — some using CBDC like Sweden’s eKrona, and others preferring a private stablecoin like USDC,” Visa wrote, adding that such a tool “well may be a reality” in the “not-too-distant future” with the UPC project.

Developed by Visa’s research and product teams, the UPC project is designed to establish dedicated payment channels between different blockchain networks, connecting CBDC networks between countries as well as connecting CBDCs with private stablecoin networks.

The Visa research team originally began working on the UPC concept back in 2018, developing an interoperability framework that would run independently of the underlying blockchain mechanisms.

Related: Microsoft wins US patent for ‘ledger-independent token service’

“Ultimately, the UPC solution aims to serve as a network of blockchain networks — adding value to multiple forms of money movement, whether they originate on the Visa network, or beyond,” the announcement reads.

One of the world’s largest payments companies, Visa made a major move into the crypto industry in 2020, partnering with blockchain firm Circle to support the USD Coin (USDC) stablecoin on certain credit cards. The company has since reaffirmed its commitment to crypto payments and fiat on-ramps, with a particular focus on stablecoin integrations.

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The national postal service of Switzerland is working to bridge the gap between physical stamps and the digital cryptocurrency industry by introducing tradable digital stamps.

On Sept. 20, the Swiss Post officially announced the upcoming launch of the “Swiss crypto stamp,” a digital collectible linked to a physical stamp issued by the postal service worth 8.9 Swiss francs.

The Swiss crypto stamp will provide a digital representation for a physical stamp and will be stored on a blockchain. “Each design forms a nonfungible token and is stored in the Polygon Blockchain,” a spokesperson for the Swiss Post told Cointelegraph.

Buyers will be able to discover a digital twin of their physical stamp online through a QR code printed next to the physical stamp. The crypto stamp’s image will show one of 13 possible designs and can be collected, exchanged and traded online, the Swiss Post said.

According to a representative for Swiss Post, customers will be able to exchange or sell their crypto stamps on platforms such as major nonfungible token (NFT) marketplace OpenSea. “Swiss Post only sells the Swiss crypto stamp, trading with it takes place separately from Swiss Post,” the spokesperson added.

The upcoming Swiss crypto stamp will apparently provide an experience somewhat similar to NFTs, as some of the stamps will have a rare design.

“Some are more common, while others are much rarer and more coveted. There are 65,000 copies of the most common digital design, but just 50 of the rarest. One thing is clear: the Swiss crypto stamp means collecting, exchanging and trading stamps has gone digital, too,” the Swiss Post wrote.

Related: First cryptocurrency fund approved in Switzerland

The Swiss crypto stamp will launch in late November, with 175,000 such stamps coming to selected Swiss Post branches on Nov. 25. According to the announcement, the Swiss crypto stamp will be the first stamp of its kind ever launched in Switzerland.

Switzerland is not the first country to experiment with blockchain technology to provide digital stamp collectibles. In May 2021, Austria’s postal service announced plans for incorporating NFC chips in its Crypto Stamp 3.0, the third iteration of its limited-edition NFT postage stamp collectible series. Austria released its first-ever crypto stamp in 2019.

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Scientists are continuously pursuing ways to lengthen the human lifespan, and blockchain might have been a missing part of the puzzle. The Longevity Science Foundation, a Swiss entity launched by a consortium of biotech founders, clinicians and leading longevity research institutions, aims to spend more than $1 billion over the next 10 years to find tech-based means to achieve a 120-year human lifespan.

The foundation seeks to fund research, institutions and projects that use blockchain and other next-gen technologies to find new horizons in four critical areas of the field; namely, therapeutics, personalized medicine, artificial intelligence (AI) and predictive diagnostics. The announcement states that such projects can make a significant difference in people’s lives, even within a five-year timeframe. 

Applying theoretical longevity concepts to real-world use is a primary goal for the group. The foundation aims to transform scientific findings and technological advances into clinical treatments and solutions through donations.

“By identifying and funding the most promising and cutting-edge advances, the Foundation seeks to address one of the most pressing issues in the science and applicability of longevity medicine radical inequality in accessing and understanding longevity-focused treatment,” the announcement reads.

The foundation’s contributors, who can also make donations with cryptocurrencies, will get voting rights to have a say in deciding which projects receive funding. A visionary board will pre-select and evaluate potential candidates “for their technical soundness and potential impact on human longevity.”

Related: The next generation of data-driven healthcare is here

Joining the Visionary Board of the Foundation is Dr. Alex Zhavoronkov, known for his work on longevity tech. Dr. Zhavoronkov is also an advisor to blockchain medical data marketplace Longenesis, which launched a joint project with the Bitfury Group to establish a blockchain-based consent management system for the healthcare industry.

“The Foundation has created a unique and transparent mechanism for boosting early longevity research worldwide and ensuring mass public participation in decision making,” Dr. Zhavoronkov said.

As for how technology can help healthcare research, LongeVC managing partner Garri Zmudze told Cointelegraph that if paired with AI, blockchain can unlock hundreds of terabytes of unstructured hospital data for further analysis.

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CoinEx cryptocurrency exchange is winding down operations in mainland China to comply with local anti-crypto regulations.

The company officially announced on Thursday that it was going to completely retire user accounts verified as mainland China citizens as well as those linked to a mobile phone number from mainland China.

The exchange has asked mainland China-based users to withdraw their crypto assets from the platform before Oct. 31, 2021. CoinEx then plans to disable accounts with zero assets starting from Thursday, Sept. 30. “All access will no longer be available to your accounts,” the exchange stated.

Despite CoinEx’s aggressive measures to take down users from mainland China, the exchange will still allow users to withdraw assets after Oct. 31. After the deadline, the “only service available for these accounts will be withdrawal, that is, functions such as deposit and trading will be closed and only the withdrawal service is supported,” CoinEx explained.

CoinEx also noted it had previously blocked access and terminated the registration of new users from mainland China in March 2019, urging them to complete withdrawals as soon as possible. “To further comply with local laws and regulations of the Chinese government, we will completely retire users in mainland China,” the firm said.

The exchange did not immediately respond to Cointelegraph’s request for comment.

Related: China's crypto holdouts: Bitcoin nodes and OTC desks struggle on

CoinEx is a major global cryptocurrency exchange, founded in December 2017. At the time of writing, CoinEx’s daily trading volume amounts to around $85 million, according to data from CoinMarketCap.

With the recent move, CoinEx joins the increasing number of crypto companies wrapping up their operations in mainland China in response to local authorities announcing another crypto ban last week. Major crypto exchanges such as Binance and Huobi subsequently halted some services in mainland China, while major Ethereum mining pools such as Sparkpool and BeePool were forced to shut down operations completely.

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Axie Infinity, a play-to-earn nonfungible token (NFT) game based on the Ethereum blockchain, announced the launch of a staking program for its native token, Axie Infinity Shards (AXS). 

AXS holders can start staking their tokens, while the rewards will be activated in 24 hours to ensure all time zones could stake beforehand, according to a Thursday announcement.

“Staking is a way for us to reward our community members for having a long-term mindset and locking up their AXS tokens,” the Axie Infinity team said as part of the announcement, adding that by staking, players can earn AXS rewards.

The team plans to give voting rights and “a say over the use of the Community Treasury” by staking. The Community Treasury of Axie Infinity holds more than 18 million AXS tokens worth over $1.4 billion at the time of writing.

A total of 2 million AXS tokens will be distributed during the first month of the staking program. About 58 million of the set cap of 270 million AXS tokens are in circulation, and the rest wi be released through staking, gameplay rewards and ecosystem reward structures, the announcement reads.

Related: DeFi gaming: A catalyst to mainstream adoption of decentralized finance

Launched in 2018, Axie Infinity is a trading and battling game that enables players to collect, breed, raise, battle and trade Axies, which are basically NFTs with different attributes and strengths.

AXS tokens, which are also listed on several crypto exchanges, represent a little slice of the game’s universe. In addition to directly purchasing them, players can also earn in-game achievements, such as placing high on leaderboards or winning tournaments.

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b",open:35.57,openFormatted:"35.57",high:50.97,highFormatted:"50.97",low:33.42,lowFormatted:"33.42",volume24hour:3784476313.61211,volume24hourFormatted:ik,coinTradeVol:dS,coinTradeVolFormatted:dT,supply:dU,supplyFormatted:dV},{id:aq,name:bT,label:bU,url:bV,value:fc,valueAltDesktop:fc,valueAltMobile:fc,changePercentage:"+7.15%",changeForWeek:-3.97,changeForWeekFormatted:"-3.97%",changeForMonth:-27.3,changeForMonthFormatted:"-27.30%",isUp:b,isDown:a,isVisibleOnDesktop:a,isVisibleOnMobile:a,mktcap:8564522225.274007,mktcapFormatted:"8.56 b",open:.8696,openFormatted:iO,high:sp,highFormatted:sq,low:.8192,lowFormatted:gs,volume24hour:301107231.1400809,volume24hourFormatted:"301.11 m",coinTradeVol:dW,coinTradeVolFormatted:dX,supply:dY,supplyFormatted:dZ},{id:ar,name:bW,label:bX,url:bY,value:lB,valueAltDesktop:lB,valueAltMobile:lB,changePercentage:j$,changeForWeek:-3.34,changeForWeekFormatted:"-3.34%",changeForMonth:iH,changeForMonthFormatted:iI,isUp:a,isDown:b,isVisibleOnDesktop:a,isVisibleOnMobile:a,mktcap:203273384675.82965,mktcapFormatted:"203.27 b",open:lC,openFormatted:fn,high:lC,highFormatted:fn,low:lC,lowFormatted:fn,volume24hour:19652791070.216175,volume24hourFormatted:"19.65 b",coinTradeVol:d_,coinTradeVolFormatted:cl,supply:d$,supplyFormatted:ea},{id:bZ,name:b_,label:b$,url:ca,value:lD,valueAltDesktop:lD,valueAltMobile:lD,changePercentage:rY,changeForWeek:-3.85,changeForWeekFormatted:"-3.85%",changeForMonth:im,changeForMonthFormatted:in_,isUp:b,isDown:a,isVisibleOnDesktop:a,isVisibleOnMobile:a,mktcap:25748450233.896057,mktcapFormatted:"25.75 b",open:.9377,openFormatted:"0.94",high:1.308,highFormatted:eu,low:.8843,lowFormatted:"0.88",volume24hour:229304926.130052,volume24hourFormatted:"229.30 m",coinTradeVol:eb,coinTradeVolFormatted:ec,supply:ed,supplyFormatted:ee},{id:cb,name:cc,label:cd,url:ce,value:lE,valueAltDesktop:lE,valueAltMobile:lE,changePercentage:sL,changeForWeek:-21.14,changeForWeekFormatted:"-21.14%",changeForMonth:35.7,changeForMonthFormatted:"+35.70%",isUp:b,isDown:a,isVisibleOnDesktop:a,isVisibleOnMobile:a,mktcap:49786181696.00777,mktcapFormatted:"49.79 b",open:213.57,openFormatted:"213.57",high:298.89,highFormatted:"298.89",low:195.49,lowFormatted:"195.49",volume24hour:6186785489.73987,volume24hourFormatted:"6.19 b",coinTradeVol:ef,coinTradeVolFormatted:eg,supply:eh,supplyFormatted:ei},{id:cf,name:cg,label:ch,url:ci,value:lF,valueAltDesktop:lF,valueAltMobile:lF,changePercentage:"-3.74%",changeForWeek:-9.08,changeForWeekFormatted:"-9.08%",changeForMonth:-5.53,changeForMonthFormatted:"-5.53%",isUp:a,isDown:b,isVisibleOnDesktop:a,isVisibleOnMobile:a,mktcap:17285258924.017437,mktcapFormatted:"17.29 b",open:18.55,openFormatted:"18.55",high:25.74,highFormatted:"25.74",low:15.83,lowFormatted:"15.83",volume24hour:19437032.379480038,volume24hourFormatted:"19.44 m",coinTradeVol:ej,coinTradeVolFormatted:ek,supply:el,supplyFormatted:em}]},currencies:[{id:o_,name:k,sign:o$,value:go},{id:pa,name:l,sign:pb,value:gr},{id:pc,name:m,sign:pd,value:gv},{id:pe,name:n,sign:gn,value:gw},{id:pf,name:o,sign:pg,value:gx},{id:ph,name:p,sign:pi,value:gA},{id:pj,name:q,sign:pk,value:gC},{id:pl,name:pm,sign:pn,value:gF},{id:po,name:z,sign:gn,value:gG}],graphs:{}},types:{},user:{isAuthed:a,isAuthedBySocials:a,token:h,id:h,firstName:c,lastName:c,userName:c,avatar:c,email:c,description:c,userGaId:c,ipAddress:"51.158.100.204",analyticsData:[],sessionId:c},vendors:{isVendorsModalShown:a,info:{},localI18n:{}},viewport:{isWindowActive:b,viewportWidth:f,viewportHeight:f,scrollTop:f,scrollIsLocked:a,breakpoint:"XS",isOverlayVisible:a,userDeviceType:{apple:{phone:a,ipod:a,tablet:a,device:a},amazon:{phone:a,tablet:a,device:a},android:{phone:a,tablet:a,device:a},windows:{phone:a,tablet:a,device:a},other:{blackberry:a,blackberry10:a,opera:a,firefox:a,chrome:a,safari:a,device:a},any:a,phone:a,tablet:a},bottomZoneHeight:f}},serverRendered:b,routePath:gI}}(false,true,"",void 0,2,0,"_self",null,1,"default","USD","EUR","GBP","JPY","RUR","KRW","TRY",3,"Language",4,9,"en","es","1","2","CNY",2021,"EOS","NEO",5,"https://hitbtc.com/?ref_id=5cba0be404aa3","promo_button","18.86 m","latest-news","/category/latest-news","Latest News",30,"17","7","changelly-button","adbutler","xxs","xs","sm","md","lg","2021-09-30","4","Bitcoin","hitbtc-button",11,"ar","23","0.86","News",10,"https://changelly.com?utm_source=cointelegraphutm_medium=referralutm_campaign=changellyctengbuttonref_id=le9ssi8dgmskmqu0","article","cointelegraph.com","es.cointelegraph.com","11","Ethereum","9","en.LanguageType.1","en.LanguageType.2","13","https://cointelegraph.us3.list-manage.com/subscribe/post-json?u=2c088712615955cd2f82aa968id=7376af3992","https://cointelegraph.us3.list-manage.com/subscribe/post-json?u=2c088712615955cd2f82aa968id=aad9f6b505","21","22","26","27",48,"/bitcoin-cash-price-index","/ltc-price-index","/xrp-price-index","/xmr-price-index","_blank",79,138,"6","1.00",47,"bybit2-button","bbt","https://www.bybit.com/bit-launch-event?medium=paid_bannersource=cointelegraphchannel=mkt_campaign=bitcontent=en_button",51,"BTC","/bitcoin-price","ETH","/ethereum-price","3","LTC","Litecoin","XRP","Ripple","BCH","Bitcoin Cash","XMR","Monero","8","DASH","Dash","/dash-price-index","/eos-price-index","ZEC","Zcash","/zec-price-index","12","ADA","Cardano","/ada-price-index","/neo-price-index","14","TRX","TRON","/tron-price-index","15","BNB","Binance Coin","/binance-coin-price-index","16","XLM","Stellar","/stellar-price-index","USDT","Tether","/tether-price-index","18","MIOTA","IOTA","/iota-price-index","19","ONT","Ontology","/ontology-price-index","20","MKR","Maker","/maker-price-index","BSV","Bitcoin SV","/bsv-price-index","DOGE","Dogecoin","/doge-price-index","ETC","Ethereum Classic","/etc-price-index","24","XTZ","Tezos","/xtz-price-index","XEM","NEM","/nem-price-index","USDC","USD Coin","/usdc-price-index","28","CRO","Crypto.com Coin","/crypto-com-price-index","29","ATOM","Cosmos","/cosmos-price-index","30","LEO","UNUS SED LEO","/leo-price-index","1.26 b","1.00 b","3.05 b","73557",6,"Note that all trading strategies are to be used at your own risk. Before trading, we recommend to make sure that you have a clear understanding of cryptocurrencies and how they are traded.","Changelly",50,95,705299.36,"705.30 k",18830662,"18.83 m",5891707.4,"5.89 m",117738959.1865,"117.74 m",16941443,"16.94 m",66752614.51538747,"66.75 m",3272134708.84,"3.27 b",99990236671,"99.99 b",2352727.99,"2.35 m",18859893.75,871352.95,"871.35 k",18002658.73463144,"18.00 m",1411753.31,"1.41 m",10358966.85226938,"10.36 m",268221558.9,"268.22 m",1035495795.9547,"1.04 b",1719818.69,"1.72 m",12764131.25,"12.76 m",1263579688.37,33117618880.453,"33.12 b",7209369.92,"7.21 m",100000000,"100.00 m",11698780478.7,"11.70 b",100850743811.662,"100.85 b",4917678.4,"4.92 m",168137036,"168.14 m",1524775186.09,"1.52 b",50001802760.348,"50.00 b",65937646827.4,"65.94 b",71385677474.96931,"71.39 b",94037693.12,"94.04 m",2779530283,"2.78 b",123122404.19,"123.12 m",1000000000,61907.84,"61.91 k",991328.38195493,"991.33 k",1955637.2,"1.96 m",18856701.64423905,4311132660.21,"4.31 b",131501468074.53174,"131.50 b",15318930.26,"15.32 m",210700000,"210.70 m",99300667.65,"99.30 m",890749376.335264,"890.75 m",316417543.05,"316.42 m",8999999999,"9.00 b",3049302949.82,31539648963.76452,"31.54 b",224981831.37,"224.98 m",30263013692,"30.26 b",27610964.46,"27.61 m",279975027.398911,"279.98 m",1072708.1,"1.07 m",985239504,"985.24 m",8,"it","side","youtube","Y2hhbmdlbGx5LWJ1dHRvbg==","0.15","0.80","1.31",13,"73558","73556",15,"ar.cointelegraph.com","aGl0YnRjLWJ1dHRvbg==","Large devices"," 1200px","Medium devices"," 992px","Small tablets"," 768px","Smartphones"," 480px","Extra small devices","

BuyBitcoinsWithUsdEur