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Cryptocurrencies/Coins/GensoKishi Metaverse (MV)
GensoKishi Metaverse price, market cap on Coin360 heatmap

GensoKishi Metaverse(MV)

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$0.207907
(-6.49%)
0.00001284 BTC
Market Cap (Rank#87)
$355,377,344
21,950 BTC
Vol 24h
$526,319
32.5079 BTC
Circulating Supply
1,709,312,901.15
Max Supply
2,000,000,000
4 days agocryptodaily
IMF seeks to prevent crypto growth in Africa
The IMF has called for tighter crypto regulations in Africa in order to stunt any further growth on the continent. The International Monetary Fund (IMF) is using the FTX collapse to its best advantage, saying that regulation is needed soon in order to better protect consumers and to avoid stability risks for the wider financial and economic system. An article on the IMF blog cites a Chainalysis report stating that Africa is one of the fastest-growing crypto markets in the world even though it is still the smallest on a world scale. In the above chart taken from the same article it can be seen that restrictions and bans on crypto are in place over much of Africa. Only the Central African Republic has allowed crypto to be used as legal tender, much to the chagrin of the IMF. The IMF writers of the blog post acknowledge that many people in Africa use crypto assets for payments but state that their volatility makes them a poor store of value. The writers also point out the following: “Policymakers are also worried that cryptocurrencies can be used to transfer funds illegally out of the region and to circumvent local rules to prevent capital outflows. Widespread use of crypto could also undermine the effectiveness of monetary policy, creating risks for financial and macroeconomic stability.” Opinion The IMF is never happier than when it is negotiating the terms of loans with developing countries. Many countries have been lured into debt slavery by agreeing onerous terms for more dollar loans that impoverish their populations and keep them enslaved for as long as it takes to repay those loans. John Perkin’s book, “Confessions of an economic hitman” details the author’s views of how the IMF played its part in furthering U.S. dominance across the world. Africa is hugely significant for both the U.S. and China. Its fast-growing population and potential to become a major exporter of food over the coming decades make it a target for these world powers. Allowing the growth of cryptocurrencies that might be used as alternatives to the dollar or the yuan would likely not be something that the U.S. or China would countenance. Central bank digital currencies are the preferred option here, and this technology has the potential to cancel financial privacy completely and to enslave the populations that use it. Disclaimer: This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice.
7 days agocryptodaily
Grayscale Withholds Proof Of Reserves
Crypto hedge fund Grayscale has refused to follow the trend of disclosing proof of reserves, citing security concerns. No Proof Of Reserves From Grayscale The billion-dollar asset management firm has been trying to reassure investors and shareholders that funds are safe without disclosing proof of reserves. On Twitter, the company has been trying to assuage investors’ fear, assuring them that an FTX-level catastrophe would not occur due to the regulations safeguarding its different entities. However, unlike other crypto firms that have been falling over themselves to reveal their crypto holdings, Grayscale cited security concerns and refused to do so. The proof of reserves methodology can deduce the funds held by a crypto exchange or platform through an independent auditor. An exchange hires the services of a third-party crypto auditor to reveal that it has assets on its balance sheet as per the customer holdings in a process called the Merkle Tree technique. Will Not Circumvent “Complex Security Arrangements” Grayscale claims that each of its products is registered and regulated as a separate entity. Furthermore, the team also revealed that all the crypto underlying its investment products is stored with Coinbase’s custody service. Coinbase, which is the only regulated and publicly traded crypto exchange in the United States, performs frequent on-chain validation. The team tweeted, “Due to security concerns, we do not make such on-chain wallet information and confirmation information publicly available through a cryptographic Proof-of-Reserve, or other advanced cryptographic accounting procedure. We know the preceding point in particular will be a disappointment to some, but panic sparked by others is not a good enough reason to circumvent complex security arrangements that have kept our investors’ assets safe for years.” Coinbase As Custodian The company has stated that the periodic validations conducted by Coinbase as custodian are sufficient to alleviate concerns. However, addresses or any other information considered confidential would not be revealed to avoid any impact on the nature of their products. Additionally, a letter officiated by Coinbase CFO Alesia Haas and Coinbase Custody CEO Aaron Schnarch has been disclosed that points out that all of Grayscale’s holdings and assets are secure, with each product having its own on-chain address. Concerns Among Investors However, this revelation has rubbed the community of investors in the wrong way. With leading exchanges and trading platforms, like Binance and Crypto.com, disclosing their proof of reserves in the aftermath of the FTX debacle, there is concern about Grayscale’s refusal to do the same. Certain investors believe that there is no security risk associated with revealing proof of reserves, giving the example of BTC founder Satoshi Nakamoto, whose wallet addresses have always been well known without resulting in any security concerns. Another cause of concern for investors is that Genesis Global was serving as the liquidity provider for the Grayscale Bitcoin Trust (GBTC). With Genesis halting withdrawals due to its exposure to FTX and inching towards bankruptcy filing, investors are speculating if Grayscale will be the latest domino to fall. Disclaimer: This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice.
10 days agocryptodaily
Binance Granted Financial Service Permission in Abu Dhabi
Binance has been granted financial service permission in the capital city of the United Arab Emirates (UAE), Abu Dhabi. The world’s leading cryptocurrency exchange, Binance, has received Financial Services Permission (FSP) from the Financial Services Regulatory Authority (FSRA) of Abu Dhabi Global Market (ADGM), the international financial centre of the UAE’s capital. This license clears Binance to offer cryptocurrency custodial service to professional clients as soon as it meets the requirements for its FSP. The news follows Binance being granted in-principle approval from the ADGM in April 2022. This approval meant that the exchange could operate as a broker-dealer for cryptocurrencies and digital assets. His Excellency Ahmed Jasim Al Zaabi, Chairman of ADGM said: We congratulate Binance on securing the FSPs to offer their products and services in the MENA region. Our robust and transparent virtual asset regulatory framework is the backbone of ADGM’s strategy towards fostering a trusted and well-regulated environment that will pave the way for sustainable innovation within the financial sector and reinforcing the UAE’s status as a rapidly accelerating global crypto marketplace, with Abu Dhabi and the ADGM as the engine room powering this growth. We look forward to supporting Binance’s operations and R&D in ADGM to develop solutions for the Web3.0 economy. Richard Teng, the Regional Head of MENA and Europe at Binance said: Working with the ADGM and FSRA has been a highly collaborative process that underscores the value of cooperation between our industry and the public sector. The newly awarded license comes less than two months after Binance obtained a Minimal Viable Product (MVP) license from Dubai’s Virtual Asset Regulatory Authority (VARA) to offer virtual asset-related services to qualified retail and institutional investors in Dubai. Binance also recently obtained a Category 4 license to operate as a crypto asset service provider from the Central Bank of Bahrain. Binance has been expanding its services to many countries are obtained licenses in several other countries. in October, the exchange’s Cypriot subsidiary acquired a cryptocurrency license from the Cyprus Securities and Exchange Commission. Binance also obtained European licenses from regulators in France, Italy, and Spain. Disclaimer: This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice.
11 days agocoindesk
DeFi Giant MakerDAO Speeds Up DAI Transactions and Withdrawals, Expands to Arbitrum, Osmosis
MakerDAO’s new tech, Maker Teleport, enables users of the DAI stablecoin to circumvent Ethereum’s jam-prone base layer.
12 days agocryptodaily
TEAM VITALITY AND TEZOS LAUNCH V.HIVE, THE FIRST BLOCKCHAIN BASED SUPPORT-TO-EARN MOBILE APP IN ESPORTS
Paris, France, 15th November, 2022, ChainwireTeam Vitality is pleased to announce the launch of the mobile app: V.Hive, the first support-to-earn mobile app in esports based on blockchain. The pioneering mobile app is built on Tezos, the world’s most advanced blockchain and is available now on iOS and Android devices. This launch brings the Team Vitality community closer to the brand and its gaming stars than ever before, leveraging the power of Web3. The goal of V.Hive is to be the most advanced and entertaining fan engagement mobile app that rewards the community for supporting and championing Team Vitality. A seamless expansion of the eponymous Team Vitality HQ in the heart of Paris, V.Hive invites users to create their own digital identities as stylish insectoid avatars and customise them with exclusive wearables. Fans can earn rewards by engaging and supporting Team Vitality at events and on social media, and climb the V.Hive leaderboard by completing engagement quests. User rewards include limited edition merchandise, access to events, and once-in-a-lifetime experiences with Team Vitality players, such as the #1 ranked CS:GO player in the world Mathieu "ZywOo" Herbaut. On November 17th at 18:00 CET Nicolas Maurer, CEO of Team Vitality, will host a special live session on Vitality TV to discuss the launch of V.Hive and answer any questions fans have. The Co-founder will do a live demonstration of the application and explain everything that can be done: avatar customization, quests, rewards, and more, as well as reveal some surprises for the community. Team Vitality first announced their landmark partnership with the Tezos ecosystem in January 2022, one of the biggest in European esports history, and have since been building their community-first mobile app. In addition to engaging and rewarding the Team Vitality community, V.Hive has been designed to educate its fans on the Web3 universe and onboard them in a simple and accessible way. The brands have consistently delivered engaging content and drops for free to fans to onboard them ahead of the V.Hive launch. Phase 1 began with the launch of the V.Hive Pass in July which transformed into a mysterious egg in September ahead of hatching into user’s custom digital avatars for Phase 2, which began in October and introduced wearables, and concludes now with the launch of the V.Hive app! Movie The bees are on the move Tezos is the world’s most advanced and energy efficient blockchain, using proof of stake technology which has a significantly lower impact on the environment than proof of work technology, used by other market-leaders. The ground-breaking partnership will aim to engage the esports and gaming communities with blockchain and promote the sustainable development and use of the technologies. “We are so proud to finally launch our own app V.Hive! Our fans are digitally native and incredibly discerning when it comes to new technologies and platforms, so as we design V.Hive with Tezos, every feature we make or reward we introduce has to bring them real, and exclusive value. We believe Web3 and blockchain will play an important role in the future of the esports and gaming industry, and we can’t wait to start working even more closely with our amazing community.” said Nicolas Maurer CEO at Team Vitality. "Having worked closely alongside Team Vitality over the past several months on V.Hive, it is amazing to see the first fan-engagement mobile app coming to life on Tezos. I am thrilled to be part of this collaboration that directly empowers the Vitality fans, and I'm excited to see Team Vitality set an example of what fan engagement looks like in Web3.” stated Jan Albers, Head of Gaming Partnerships, Tezos Foundation. Download the V.Hive app now on iOS and Android Download pictures and mock up of V.Hive app here Watch the movie: The bees are on the move ENDS About Tezos Tezos is smart money, redefining what it means to hold and exchange value in a digitally connected world. A self-upgradable and energy-efficient Proof of Stake blockchain with a proven track record, Tezos seamlessly adopts tomorrow's innovations without network disruptions today. For more information, please visit www.tezos.com. About Team Vitality A global esports organization, Team Vitality is dedicated to the development of excellence and forging a new generation of esports athletes. Home to the world’s best players competing across eight games, Team Vitality’s goal is to dominate the European esports scene and become a serious contender at the biggest and most prestigious global tournaments. A worldwide recognised lifestyle and entertainment brand, Team Vitality and its talents have over 14 million followers across social media and carry industry leading partners including adidas and Tezos. Founded in 2013 by Nicolas Maurer and Fabien Devide, Team Vitality is headquartered in the heart of Paris in V.Hive, their state-of-the-art public esports complex, and its players train in V.Performance, a cutting edge facility in the iconic Stade de France. Team Vitality continues to expand beyond France, with presences in India and fields athletes and coaching staff of 16 different nationalities. Learn more at https://vitality.gg/en/, and follow Team Vitality on social media: Instagram: www.instagram.com/teamvitality Facebook: www.facebook.com/teamvitality/ Twitter: www.twitter.com/TeamVitality TikTok: www.tiktok.com/@teamvitality Twitch: www.twitch.tv/team/vitality YouTube: www.youtube.com/Team_VitalityContactDan [email protected]
13 days agocryptosrus
Bitcoin: Assessing the odds of BTC investors surviving the “long winter”
BTC held by the exchange was at an all-year low MVRV Ratio and weighted sentiments were up Elon Musk recently posted a tweet regarding Bitcoin [BTC], wherein he mentioned that “BTC will make it, but might be a long winter.”  BTC will make it, but might be a long winter — Elon Musk (@elonmusk) November 14, […] The post Bitcoin: Assessing the odds of BTC investors surviving the “long winter” appeared first on CryptosRus.
268 days agoethereumworldnews
EU, US Concerned Russia May Use Crypto to Avoid Sanctions
Quick take: Officials in the EU and US have expressed concerns that Russia might use cryptocurrencies to evade sanctions The EU is taking all measures to guarantee that digital assets will not be an alternative for Russia amidst sanctions US Senators have asked Treasury officials, how they are overseeing digital assets in the wake of sanctions against Russia Lawmakers and officials in the European Union and the United States, have expressed growing concern that Russia may use cryptocurrencies to circumvent […]

About GensoKishi Metaverse

The live price of GensoKishi Metaverse (MV) today is 0.207907 USD, and with the current circulating supply of GensoKishi Metaverse at 1,709,312,901.15 MV, its market capitalization stands at 355,377,344 USD. In the last 24 hours MV price has moved 0.003983 USD or 0.02% while 236,184 USD worth of MV has been traded on various exchanges. The current valuation of MV puts it at #87 in cryptocurrency rankings based on market capitalization.

Learn more about the GensoKishi Metaverse blockchain network and how it works or follow the price of its native cryptocurrency MV and the broader market with our unique COIN360 cryptocurrency heatmap.


GensoKishi Metaverse Price0.207907 USD
Market Rank#87
Market Cap355,377,344 USD
24h Volume526,319 USD
Circulating Supply1,709,312,901.15 MV
Max Supply2,000,000,000 MV
Yesterday's Market Cap378,776,200 USD
Yesterday's Open / Close0.217613 USD / 0.221596 USD
Yesterday's High / Low0.223679 USD / 0.217392 USD
Yesterday's Change
0.02% ( 0.003983 USD )
Yesterday's Volume236,184.27 USD
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