Sat - 24 June

24 June 10 AM

Headlines for today: • Skoda India launches Skodaverse, • Xapo Bank Expands Its Banking Services To India, • Polygon Labs Releases An AI chatbot Called ‘Polygon Copilot’, • School Kids Are Stealing Millions in NFTs for Roblox Skins and • JPMorgan Expands Its Blockchain-Based Token to Euro Payments

🚗 Skoda India launches Skodaverse: Skoda India has just hit the gas pedal on their new NFT platform called Skodaverse! NFTs will initially be available for minting exclusively on their platform to account holders. Buckle up for a wild ride as you create, buy, and sell digital assets representing all things Skoda. From sleek car designs to snazzy accessories, it's an NFT wonderland! Skoda India sees Skodaverse as their ticket to connect with customers in a whole new way, and hey, who can blame them? They're revving up those revenue streams too! So get your wallets ready and join the Skodaverse party. Vroom vroom!

🏦 Xapo Bank Expands Its Banking Services To India: Get ready, India, because Xapo Bank is bringing its crypto-friendly banking magic to your doorstep! This Gibraltar-based bank is expanding its services and offering a whole range of exciting options for Indian customers. How about a USD offshore savings account that earns you a cool 4.1% interest? Or maybe a Bitcoin wallet that gives you a 1% boost on your Bitcoin deposits? And don't forget the crypto debit card for all your digital adventures. But that's not all - Xapo is also your go-to for crypto-to-fiat conversions and instant stablecoin exchanges. They even made history by integrating the USD Coin (USDC) stablecoin as an alternative to SWIFT, giving you a 1:1 conversion rate from USDC to USD. So get your crypto game on and enjoy the perks of Xapo Bank's crypto-friendly services. It's time to level up your banking experience!

💬 Polygon Labs Releases An AI chatbot Called ‘Polygon Copilot’: Polygon has launched an assistant that is here to guide you through the world of protocols and provide information in a way that suits your level of knowledge. Whether you're a beginner or an advanced user, Polygon Copilot has got you covered with its different modes. And if you're feeling a bit adventurous, switch to the "degen" mode for some NFT, DeFi, and wallet insights delivered with a touch of meme-filled flair. But Polygon Copilot isn't just about explanations. It's a hands-on assistant that lets you mint zkEVM and proof-of-stake (POS)-based NFTs right from its chat interface. To ensure a smooth experience for everyone, Polygon has set limits on user requests to prevent spam. However, you can earn more credits through referrals and partner offers, and even unlock unlimited credits by entering your own OpenAI API.

🥷 School Kids Are Stealing Millions in NFTs for Roblox Skins: Phishing attacks in the world of NFTs have taken a twisted turn, as school kids dive into the dark side to snatch millions in precious NFTs for their beloved Roblox skins. A trend highlighted by The Block revealed the exploits of young tricksters using compromised Discord servers and Twitter accounts. In one audacious move, a fake journalist conned Discord mods and launched a phishing attack, swindling around $1 million worth of NFTs and crypto. This isn't just a one-off incident, but part of a larger wave of NFT phishing frenzy. Data shows that over 900 Discord servers have been ensnared since December 2021, with a surge in recent weeks. These activities have affected over 32,000 wallets, leaving a staggering $73 million in stolen NFTs and tokens. And guess who's behind this digital crime wave? You got it—high school students, the masterminds of summer, seeking laptops, phones, designer clothes, and of course, the holy grail of Roblox skins.

⛓️ JPMorgan Expands Its Blockchain-Based Token to Euro Payments: JPMorgan (JPM), the banking giant, has expanded the use of its blockchain-based settlement token, JPM Coin, to facilitate euro-denominated payments. The introduction of euro payments was confirmed by Basak Toprak, the head of Coin Systems for Europe at JPMorgan. German tech company Siemens was the first to conduct a euro payment on the platform. Since its launch in 2019, JPM Coin has processed over $300 billion in transactions. This system enables JPMorgan's institutional clients to conduct global wholesale payments using blockchain technology. It is important to note that the $300 billion processed by JPM Coin pales in comparison to the nearly $10 trillion processed through conventional means by JPMorgan on a daily basis.