BRICS Advances Toward Independent Digital Payment Platform, Russian Official Says

August 3, 2024 Bitcoin.com

Macquarie Bank to Go Cashless as the Banking Sector Shifts to Digital-Only in Australia

May 9, 2024 Bitcoin.com

Thailand threatens Facebook over crypto scams and other fraudulent ads

August 22, 2023 Coin Telegraph

Ads

Thailand’s digital minister said he would seek a court order to shut Facebook in the country unless it takes action on the alleged scams.

Thailand is planning to seek a court-issued shutdown order against Facebook unless it takes steps to deal with alleged investment and crypto scam ads on its platform.

On Aug. 21, the Ministry of Digital Economy and Society (MDES) stated over 200,000 people had been duped by Facebook ads that touted crypto scams, investing in fake businesses and faked government agencies such as the Securities and Exchange Commission.

Popular tactics used by the scammers included crypto investment and trading scams, MDES claimed. Some ads also allegedly used images of celebrities and well-known financial figures along with promises of up to 30% daily returns to lure people into the schemes.

MDES Minister Chaiwut Thanakamanusorn said the ministry had been in talks with and sent a letter to the Meta-owned platform over the issue but claimed it's failing to screen advertisers.

*Chaiwut Thanakamanusorn at an Aug. 21 press conference regarding the ministry’s planned court action against Facebook. Source: MDES*

The ministry is currently gathering evidence of the scam ads which it said numbered over 5,300 — at the end of the month, it’s ready to ask a court to shut down Facebook within seven days.

The ministry warned on how such scams typically operate saying consumers should be wary of promises of high and guaranteed returns along with ads using images of well-known figures.

Investments that pressure or give incentives to quickly invest with limited offers should also be approached with caution as well as businesses or platforms with no verifiable information.

Cointelegraph contacted Meta but did not immediately receive a response.

Magazine: Web3 Gamer: GTA 6 crypto rumors, Dr Who/Sandbox, Thai tourist NFTs review

OpenSea launches advanced NFT marketplace aggregator

April 4, 2023 Coin Telegraph

Coin Telegraph

The launch of OpenSea Pro is the result of OpenSea's acquisition of NFT aggregator Gem in April 2022.

NFT marketplace OpenSea has unveiled OpenSea Pro, its new non-fungible token (NFT) marketplace aggregator aimed at serving the needs of professional users. OpenSea's acquisition of NFT aggregator Gem in April 2022 enabled it to develop and refine Gem's platform to create the new OpenSea Pro.

Allow us to reintroduce ourselves

Starting today, Gem V2, the best-in-class NFT aggregator, is now OpenSea Pro!

➡️⛵️

OpenSea Pro will still be run by the same Gem team you know & love, but with unified brands we are able to offer users MUCH more

Let's dive in pic.twitter.com/pyt6QnjW7b
— OpenSea Pro (@openseapro) April 4, 2023

According to the announcement, OpenSea Pro seeks to offer a new level of optionality, selection, and control for professional collectors. The platform plans to offer a suite of improved features that allows collectors to discover the best deals and insights across 170 marketplaces and access sophisticated tools that meet their need for automation.

In addition, OpenSea Pro has introduced an “advanced orders” feature that allows users to "sweep across the deepest liquidity of any NFT marketplace aggregator," giving users more control over their purchases. OpenSea Pro is also mobile-compatible and optimized for mobile devices, allowing users to browse, sweep, and list from their phones.

The platform shared that users can list on OpenSea with 0% fees through OpenSea Pro for a promotional period, which has no additional fees. To express gratitude to Gem's early adopters, the Gem team is providing a special "thank you" in the form of a Gemesis NFT drop to coincide with the launch of OpenSea Pro. Eligible users who purchased an NFT on Gem before March 31, 2023 can claim a free Gemesis NFT until May 4, 2023.

In 2022, OpenSea acquired Gem for an undisclosed amount to improve the experience of its more seasoned “pro” users. Gem enabled traders to purchase NFTs across various collections and multiple marketplaces in a single transaction, lowering gas fees.

1/ Exciting news!

To invest in the "pro" community and continue improving the OpenSea experience, we’re excited to share that we’ve acquired @gemxyz !

Read more in the official announcement blog, and below https://t.co/IBn38f2d3U
— OpenSea (@opensea) April 25, 2022

In February, OpenSea implemented a strategy to win back its NFT user base, which had been lost to rival NFT marketplace Blur. Blur had surpassed OpenSea in daily Ether (ETH) trading volume as users sought a trading platform that favored their NFT investments. To counter this, OpenSea implemented a 0% fee policy to attract users back to its platform.

Digital