👀Surf Wallet, the first community-based wallet launched on Sui blockchain
Surf Wallet launched a Chrome extension this week. People interested in Sui blockchain and who want to explore the web3 world are welcome to experience Surf Wallet.
“Today marks a milestone for not just Surf but the Sui ecosystem, as we push forth the notion of true decentralization and uphold the values of community and ownership through our MPC wallet cryptography,” said Dr. Daniel Lee, Core Contributor of Surf Wallet.
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https://www.globenewswire.com/news-release/2022/11/18/2558864/0/en/Surf-Wallet-the-first-community-based-wallet-launched-on-Sui-blockchain.html
Surf Wallet launched a Chrome extension this week. People interested in Sui blockchain and who want to explore the web3 world are welcome to experience Surf Wallet.
“Today marks a milestone for not just Surf but the Sui ecosystem, as we push forth the notion of true decentralization and uphold the values of community and ownership through our MPC wallet cryptography,” said Dr. Daniel Lee, Core Contributor of Surf Wallet.
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https://www.globenewswire.com/news-release/2022/11/18/2558864/0/en/Surf-Wallet-the-first-community-based-wallet-launched-on-Sui-blockchain.html
💰Cardano-Based Regulated Stablecoin USDA Will Hit the Market in Early 2023
USDA will be the first fully fiat-backed, regulatory-compliant stablecoin in the Cardano ecosystem.
“The introduction of a fully fiat-backed, regulatory-compliant stablecoin is the next step in realizing the future for our community,” wrote Emurgo Fintech Managing Director Vineeth Bhuvanagiri
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https://www.coindesk.com/tech/2022/11/18/cardano-based-regulated-stablecoin-usda-will-hit-the-market-in-early-2023/
USDA will be the first fully fiat-backed, regulatory-compliant stablecoin in the Cardano ecosystem.
“The introduction of a fully fiat-backed, regulatory-compliant stablecoin is the next step in realizing the future for our community,” wrote Emurgo Fintech Managing Director Vineeth Bhuvanagiri
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https://www.coindesk.com/tech/2022/11/18/cardano-based-regulated-stablecoin-usda-will-hit-the-market-in-early-2023/
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❄️Ethereum’s Vitalik Buterin Gives Advice on Navigating Crypto Winter
During a recent interview with Sumiko Tan, executive editor of The Straits Times, Ethereum co-founder Vitalik Buterin advised cryptocurrency market participants to invest in “simpler stuff.” The Canadian programmer urged cryptocurrency investors not to trust “individual hotshots.” Buterin claims that he doesn’t track the price of Ether very closely. He adds that he doesn’t speculate on crypto since he prefers to “buy and hold things.”
When asked about whether or not Buterin is concerned about Ethereum being potentially used for nefarious purposes, the Canadian programmer replied that there have been multiple decentralized finance (DeFi) hacks. At the same time, he praised the Ethereum community for being good at supporting good things and opposing bad things.
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During a recent interview with Sumiko Tan, executive editor of The Straits Times, Ethereum co-founder Vitalik Buterin advised cryptocurrency market participants to invest in “simpler stuff.” The Canadian programmer urged cryptocurrency investors not to trust “individual hotshots.” Buterin claims that he doesn’t track the price of Ether very closely. He adds that he doesn’t speculate on crypto since he prefers to “buy and hold things.”
When asked about whether or not Buterin is concerned about Ethereum being potentially used for nefarious purposes, the Canadian programmer replied that there have been multiple decentralized finance (DeFi) hacks. At the same time, he praised the Ethereum community for being good at supporting good things and opposing bad things.
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📉🩸Commpound: BTC's fall in this cycle has been going on for 364 days = the second longest drop from highs ever.
BTC fell longer only during the 2013-2015 bear market - 410 days.
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BTC fell longer only during the 2013-2015 bear market - 410 days.
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💰Bitcoin Fund Pantera Buys $137 Million of BTC
Bitcoin fund Pantera bought $137 million worth of Bitcoin, according to a statement from its chief operating officer Matthew Gorham. The large purchase involved 141 accredited investors with a minimum investment of $50,000 each. Previously, the minimum investment threshold was $100,000. Lowering the bar makes the purchase acceptable to a wider range of investors.
This is the fund's first major purchase in quite some time as the bearish decline in the crypto market continues
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https://www.tesmanian.com/blogs/tesmanian-blog/bitcoin-fund-pantera-buys-137-million-in-btc
Bitcoin fund Pantera bought $137 million worth of Bitcoin, according to a statement from its chief operating officer Matthew Gorham. The large purchase involved 141 accredited investors with a minimum investment of $50,000 each. Previously, the minimum investment threshold was $100,000. Lowering the bar makes the purchase acceptable to a wider range of investors.
This is the fund's first major purchase in quite some time as the bearish decline in the crypto market continues
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https://www.tesmanian.com/blogs/tesmanian-blog/bitcoin-fund-pantera-buys-137-million-in-btc
👀Ethereum's Vitalik Buterin: "Something Important Is About to Happen"
Buterin tweeted that he had heard "through the grapevine" that "something important" was about to happen without going into detail. "Please recognize the fact that my elite social connections to people who are early to know things make me cool, and please help me validate my self-image of coolness," the Canadian programmer added.
Buterin's veiled warning comes after a doom-laden tweet posted by prominent venture capitalist Paul Graham, in which the latter said that the cryptocurrency economy was about to experience "a systemic risk" based on information that he had heard from a trustworthy person. "I don't know anything concrete, but if I were exposed, I would be concerned," he said.
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Buterin tweeted that he had heard "through the grapevine" that "something important" was about to happen without going into detail. "Please recognize the fact that my elite social connections to people who are early to know things make me cool, and please help me validate my self-image of coolness," the Canadian programmer added.
Buterin's veiled warning comes after a doom-laden tweet posted by prominent venture capitalist Paul Graham, in which the latter said that the cryptocurrency economy was about to experience "a systemic risk" based on information that he had heard from a trustworthy person. "I don't know anything concrete, but if I were exposed, I would be concerned," he said.
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🦄Uniswap's new privacy policy says it collects data tied to user wallets
Uniswap, the largest Ethereum decentralized exchange, published a new privacy policy to provide transparency on the data it collects. The privacy policy states that the DEX collects certain on-chain and off-chain data connected to users’ crypto wallets.
The privacy policy notes that the decentralized exchange and other “third-party services providers” may gather data related to users' mobile deviceID, cookies, information from localStorage, operating system, device or browser language. Such information can be used to remember which tokens users have imported, as well as learn their preferences and interactions, Uniswap said.
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Uniswap, the largest Ethereum decentralized exchange, published a new privacy policy to provide transparency on the data it collects. The privacy policy states that the DEX collects certain on-chain and off-chain data connected to users’ crypto wallets.
The privacy policy notes that the decentralized exchange and other “third-party services providers” may gather data related to users' mobile deviceID, cookies, information from localStorage, operating system, device or browser language. Such information can be used to remember which tokens users have imported, as well as learn their preferences and interactions, Uniswap said.
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👨💻Microsoft Warns of Rise in Stolen Cloud Tokens Used to Bypass MFA
Threat actors are stealing authentication tokens already verified by multifactor authentication (MFA) to breach organizations' systems.
A new alert from Microsoft Detection and Response Team (DART), said token theft for MFA bypass is particularly dangerous because it requires little technical expertise to pull off, it's tough to detect, and most organizations haven't considered token theft as part of their incident response plan. And as employees increasingly access systems through personal devices, security controls are weaker and malicious activity is hidden from the security team's view.
"As far as mitigations go, publicly available open-source tools for exploiting token theft already exist, and commodity credential theft malware has already been adapted to include this technique in their arsenal," DART added in its blog post about the MFA workaround.
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Threat actors are stealing authentication tokens already verified by multifactor authentication (MFA) to breach organizations' systems.
A new alert from Microsoft Detection and Response Team (DART), said token theft for MFA bypass is particularly dangerous because it requires little technical expertise to pull off, it's tough to detect, and most organizations haven't considered token theft as part of their incident response plan. And as employees increasingly access systems through personal devices, security controls are weaker and malicious activity is hidden from the security team's view.
"As far as mitigations go, publicly available open-source tools for exploiting token theft already exist, and commodity credential theft malware has already been adapted to include this technique in their arsenal," DART added in its blog post about the MFA workaround.
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💥Bankman-Fried's FTX, parents bought Bahamas property worth $121 million
Sam Bankman-Fried's FTX, his parents and senior executives of the failed cryptocurrency exchange bought at least 19 properties worth nearly $121 million in the Bahamas over the past two years, official property records show.
Most of FTX's purchases were luxury beachfront homes, including seven condominiums in an expensive resort community called Albany, costing almost $72 million. The deeds show these properties, bought by a unit of FTX, were to be used as "residence for key personnel" of the company.
The documents for another home with beach access in Old Fort Bay -- a gated community that was once home to a British colonial fort built in the 1700s to protect against pirates -- show Bankman-Fried's parents, Stanford University law professors Joseph Bankman and Barbara Fried
FTX Property Holdings Ltd, an FTX unit, bought 15 properties worth nearly $100 million in 2021 and 2022.
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Sam Bankman-Fried's FTX, his parents and senior executives of the failed cryptocurrency exchange bought at least 19 properties worth nearly $121 million in the Bahamas over the past two years, official property records show.
Most of FTX's purchases were luxury beachfront homes, including seven condominiums in an expensive resort community called Albany, costing almost $72 million. The deeds show these properties, bought by a unit of FTX, were to be used as "residence for key personnel" of the company.
The documents for another home with beach access in Old Fort Bay -- a gated community that was once home to a British colonial fort built in the 1700s to protect against pirates -- show Bankman-Fried's parents, Stanford University law professors Joseph Bankman and Barbara Fried
FTX Property Holdings Ltd, an FTX unit, bought 15 properties worth nearly $100 million in 2021 and 2022.
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🔥Introducing the Hooked Protocol (HOOK) Token Sale on Binance Launchpad!
Binance is excited to announce the 29th project on Binance Launchpad - Hooked Protocol (HOOK). The token sale for Hooked Protocol will follow the Launchpad subnoscription format, with the recording of user BNB balances starting at 2022-11-24 00:00 (UTC).
HOOK Token Sale Details:
- Token Name: Hooked Protocol (HOOK)
- Launchpad Hard Cap: 2,500,000 USD
- Hard Cap Per User: 15,000 USD (150,000 HOOK)
- Total Token Supply: 500,000,000 HOOK
- Total Tokens Allocated to Binance
- Launchpad: 25,000,000 HOOK (5% of Total Token Supply)
- Public Sale Token Price: 1 HOOK = 0.1 USD (price in BNB will be determined prior to subnoscription)
- Token Sale Format: Subnoscription
Supported Sessions: BNB only
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https://www.binance.com/en/support/announcement/introducing-the-hooked-protocol-hook-token-sale-on-binance-launchpad-6491cd5c4a9548cc9f8f5a40a31f1ec6
Binance is excited to announce the 29th project on Binance Launchpad - Hooked Protocol (HOOK). The token sale for Hooked Protocol will follow the Launchpad subnoscription format, with the recording of user BNB balances starting at 2022-11-24 00:00 (UTC).
HOOK Token Sale Details:
- Token Name: Hooked Protocol (HOOK)
- Launchpad Hard Cap: 2,500,000 USD
- Hard Cap Per User: 15,000 USD (150,000 HOOK)
- Total Token Supply: 500,000,000 HOOK
- Total Tokens Allocated to Binance
- Launchpad: 25,000,000 HOOK (5% of Total Token Supply)
- Public Sale Token Price: 1 HOOK = 0.1 USD (price in BNB will be determined prior to subnoscription)
- Token Sale Format: Subnoscription
Supported Sessions: BNB only
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https://www.binance.com/en/support/announcement/introducing-the-hooked-protocol-hook-token-sale-on-binance-launchpad-6491cd5c4a9548cc9f8f5a40a31f1ec6
🍏Apple nearing deal to turn Michael Lewis book on FTX and Sam Bankman-Fried into feature film
Apple could be one of the first to transform the story of the collapse of Sam Bankman-Fried and his FTX crypto company into a feature film. Deadline reports that Apple is in the lead for a deal to turn an upcoming book from Michael Lewis into a film, but the company is facing intense competition from Netflix and Amazon.
The streaming rights to Lewis’ upcoming book are highly sought after. The deal is reportedly set to be valued in the “mid seven-figure range.” Deadline says that its sources indicate that Apple is “near to a deal” and plans to turn the story into a feature film. Apple has reportedly beat out “considerable competition” from Amazon and Netflix.
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Apple could be one of the first to transform the story of the collapse of Sam Bankman-Fried and his FTX crypto company into a feature film. Deadline reports that Apple is in the lead for a deal to turn an upcoming book from Michael Lewis into a film, but the company is facing intense competition from Netflix and Amazon.
The streaming rights to Lewis’ upcoming book are highly sought after. The deal is reportedly set to be valued in the “mid seven-figure range.” Deadline says that its sources indicate that Apple is “near to a deal” and plans to turn the story into a feature film. Apple has reportedly beat out “considerable competition” from Amazon and Netflix.
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🩸The realized loss of bitcoin investors caused by the collapse of FTX reached $1.9 billion last Friday, Glassnode reported.
Daily losses yielded only to:
▫️ collapse of LUNA ($2 billion),
▫️ corrections on the eve of ATH in June 2021 ($2.2 billion),
▫️ correction in June 2022, when bitcoin fell below $20,000 ($2.5 billion).
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Daily losses yielded only to:
▫️ collapse of LUNA ($2 billion),
▫️ corrections on the eve of ATH in June 2021 ($2.2 billion),
▫️ correction in June 2022, when bitcoin fell below $20,000 ($2.5 billion).
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Large Ethereum whales recently amassed over 947K ETH tokens worth $1B+ in a single day – the fifth-largest daily accumulation in the past year.
“Ethereum’s large whales (holding $10.9M to $1.09B) have added 947,940 more ETH yesterday worth ~$1.03B. This is the 5th largest single day add in the past year,” Santiment highlighted in a tweet Tuesday.
The ETH tokens accumulated by these whale addresses represent 1.8% of the total ETH supply
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“Ethereum’s large whales (holding $10.9M to $1.09B) have added 947,940 more ETH yesterday worth ~$1.03B. This is the 5th largest single day add in the past year,” Santiment highlighted in a tweet Tuesday.
The ETH tokens accumulated by these whale addresses represent 1.8% of the total ETH supply
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🐳Ancient Bitcoin Whale Awakens by Moving Part of $160 Million BTC
A massive Bitcoin whale who held 10,000 BTC since 2015 up until this moment surprised investors, considering the nature of the coins acquired by this type of holder: each and every BTC in the wallet was acquired with the help of illicit activities.
Back in 2014, a large portion of Bitcoin's volume was provided by criminals, money laundering services or citizens who used the cryptocurrency for anonymous payments. A particular part of the criminal volume was stolen or hacked Bitcoins. The whale who moved 10,000 BTC today is related to the 2014 Mt.Gox hack.
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A massive Bitcoin whale who held 10,000 BTC since 2015 up until this moment surprised investors, considering the nature of the coins acquired by this type of holder: each and every BTC in the wallet was acquired with the help of illicit activities.
Back in 2014, a large portion of Bitcoin's volume was provided by criminals, money laundering services or citizens who used the cryptocurrency for anonymous payments. A particular part of the criminal volume was stolen or hacked Bitcoins. The whale who moved 10,000 BTC today is related to the 2014 Mt.Gox hack.
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💳Russia Embeds Crypto Into Its Financial Strategy
Lawmakers in Russia are working on changing legislation to allow a national crypto exchange
In an article on Coin Telegraph, Sergey Altuhov, a member of the Duma Committee of Economic Policy, was quoted as saying:
“It makes no sense to deny the existence of cryptocurrencies, the problem is they circulate in a large stream outside of state regulation. These are billions of tax rubles of lost tax revenues to the federal budget.“
The Russian warming to cryptocurrencies is very likely not because of their ability to give freedom to its citizens, but because this freedom to transact will potentially give it a way of circumnavigating the sanctions put in place on its banking system.
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Lawmakers in Russia are working on changing legislation to allow a national crypto exchange
In an article on Coin Telegraph, Sergey Altuhov, a member of the Duma Committee of Economic Policy, was quoted as saying:
“It makes no sense to deny the existence of cryptocurrencies, the problem is they circulate in a large stream outside of state regulation. These are billions of tax rubles of lost tax revenues to the federal budget.“
The Russian warming to cryptocurrencies is very likely not because of their ability to give freedom to its citizens, but because this freedom to transact will potentially give it a way of circumnavigating the sanctions put in place on its banking system.
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❌Starling Bank restricts crypto-related transfers
UK-based Starling Bank has blocked all card payments to crypto merchants and restrict other outgoing and incoming crypto-related bank transfers.
The main reason for the move is the high-risk levels that crypto activity involves, as the company sees it. Therefore, the company has taken the decision to prevent all card payments to crypto merchants and to implement further restrictions on outgoing and incoming transfers.
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UK-based Starling Bank has blocked all card payments to crypto merchants and restrict other outgoing and incoming crypto-related bank transfers.
The main reason for the move is the high-risk levels that crypto activity involves, as the company sees it. Therefore, the company has taken the decision to prevent all card payments to crypto merchants and to implement further restrictions on outgoing and incoming transfers.
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🏆🔝Top 5 crypto wallets for NFTs
Top 5 crypto wallets for NFTs which provide NFT users with verifiable proof of ownership and authenticity within blockchains
1️⃣Metamask
Metamask is not just a crypto wallet, it is your gateway to blockchain apps and to web3 sites such as NFT marketplaces also, in the simplest yet most secure way to connect. Trusted by over 21 million users worldwide, Metamask is available as a browser extension and as a mobile app, MetaMask equips you with a key vault, secure login, token wallet, and token exchange— basically, everything you need to manage your digital assets online.
Also, it provides users with insights, trends, and opinions from the world of data-driven technologies. Additionally, Metamask makes it simple to create multiple addresses, allowing you to hold your NFTs at a different address from your cryptocurrency or create a single address for each NFT you buy.
If you need to swap currencies in order to purchase an NFT, Metamask has a built-in swap feature. You can also limit how much you pay in gas fees, though there is a chance that the transaction will fail. If you need to use a different blockchain, Metamask supports other platforms.
2️⃣Trust Wallet
Trust Wallet, known as the most trusted and secure crypto wallet, allows you to benefit from a great trading experience while also keeping your crypto safe from hackers and scammers.
Also, no forms or selfies are required for this wallet, and you can trade cryptocurrency in under five minutes. With support for 53 blockchains and over 1 million assets. Trust Wallet, like other wallets, includes a dApp browser for finding NFT marketplaces, making it simple to buy NFTs within the wallet. It also has an exchange feature built in that allows users to easily swap currencies so that they have the necessary token to exchange for the NFTs they want to purchase.
3️⃣Binance Wallet
The Binance NFT wallet can be installed as a browser extension. It has a simple and straightforward interface. Your token wallet is where you can exchange your cryptocurrency assets. It securely connects your bank account to gain access to its NFT wallet offer.
Binance is one of the most secure wallets, and a user's lost password can be quickly recovered by entering their email address and phone number. It is the best NFT wallet for smart contracts and dApp integration. If you already use Binance, you can switch to its NFT platform with a single click.
4️⃣Crypto.com
Crypto.com is a sophisticated NFT platform with a wide range of NFT art. It is the best NFT wallet, with a dedicated NFT gallery where users can view digital assets from the market. NFTs from Ethereum and Crypto.org are supported by Crypto.com.
NFTs can be received and sent on Ethereum. Crypto.com allows you to earn money from your NFT by opening a savings account that earns interest based on the deal and length of time you choose, cementing its position as one of the best NFT wallets in 2022. It includes a social media extension that allows you to generate images and share them on your preferred platforms.
5️⃣Ledger Nano X
Considered one of the best affordable wallets on the list, Ledger Nano X is the most secure wallet to HODL crypto as well as NFTs. It supports a wider variety of coins with the biggest capacity among other wallets – you can install up to 100 apps at the same time: including Bitcoin, Ethereum, XRP and more than 1,800 different tokens.
Nano X is very mobile friendly also making it the perfect hardware wallet for managing your crypto on the go. It connects to your phone with Bluetooth and has a large screen for ease of use. Ledger markets allow you to trade the best NFT collectibles and cryptocurrencies.
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Top 5 crypto wallets for NFTs which provide NFT users with verifiable proof of ownership and authenticity within blockchains
1️⃣Metamask
Metamask is not just a crypto wallet, it is your gateway to blockchain apps and to web3 sites such as NFT marketplaces also, in the simplest yet most secure way to connect. Trusted by over 21 million users worldwide, Metamask is available as a browser extension and as a mobile app, MetaMask equips you with a key vault, secure login, token wallet, and token exchange— basically, everything you need to manage your digital assets online.
Also, it provides users with insights, trends, and opinions from the world of data-driven technologies. Additionally, Metamask makes it simple to create multiple addresses, allowing you to hold your NFTs at a different address from your cryptocurrency or create a single address for each NFT you buy.
If you need to swap currencies in order to purchase an NFT, Metamask has a built-in swap feature. You can also limit how much you pay in gas fees, though there is a chance that the transaction will fail. If you need to use a different blockchain, Metamask supports other platforms.
2️⃣Trust Wallet
Trust Wallet, known as the most trusted and secure crypto wallet, allows you to benefit from a great trading experience while also keeping your crypto safe from hackers and scammers.
Also, no forms or selfies are required for this wallet, and you can trade cryptocurrency in under five minutes. With support for 53 blockchains and over 1 million assets. Trust Wallet, like other wallets, includes a dApp browser for finding NFT marketplaces, making it simple to buy NFTs within the wallet. It also has an exchange feature built in that allows users to easily swap currencies so that they have the necessary token to exchange for the NFTs they want to purchase.
3️⃣Binance Wallet
The Binance NFT wallet can be installed as a browser extension. It has a simple and straightforward interface. Your token wallet is where you can exchange your cryptocurrency assets. It securely connects your bank account to gain access to its NFT wallet offer.
Binance is one of the most secure wallets, and a user's lost password can be quickly recovered by entering their email address and phone number. It is the best NFT wallet for smart contracts and dApp integration. If you already use Binance, you can switch to its NFT platform with a single click.
4️⃣Crypto.com
Crypto.com is a sophisticated NFT platform with a wide range of NFT art. It is the best NFT wallet, with a dedicated NFT gallery where users can view digital assets from the market. NFTs from Ethereum and Crypto.org are supported by Crypto.com.
NFTs can be received and sent on Ethereum. Crypto.com allows you to earn money from your NFT by opening a savings account that earns interest based on the deal and length of time you choose, cementing its position as one of the best NFT wallets in 2022. It includes a social media extension that allows you to generate images and share them on your preferred platforms.
5️⃣Ledger Nano X
Considered one of the best affordable wallets on the list, Ledger Nano X is the most secure wallet to HODL crypto as well as NFTs. It supports a wider variety of coins with the biggest capacity among other wallets – you can install up to 100 apps at the same time: including Bitcoin, Ethereum, XRP and more than 1,800 different tokens.
Nano X is very mobile friendly also making it the perfect hardware wallet for managing your crypto on the go. It connects to your phone with Bluetooth and has a large screen for ease of use. Ledger markets allow you to trade the best NFT collectibles and cryptocurrencies.
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