Stepn Worst Update + BAYC dump ๐Ÿ˜ฑ

DJvh...WKF3
3 Jun 2022
11

๐Ÿ’ฅ Stepn introduces its anti-cheating model โ€” "SMAC"


โ—พStepn introduces its latest model for anti-cheating named SMAC which specifically targets the movement simulation by amending real walking/running data.

โ—พIf the SMAC System detects an anomaly, the user will be flagged as cheating and all the rewards for the session will be erased.


โ—พThe platform may further limit the userโ€™s in-app functions including longer cooldown for shoe-minting, inaccessibility to the in-app marketplace, slow down on energy refill and some more.

This means now it will be hard to earn and this update will now dump the stepn shoes floor but value of GST may pump .



๐Ÿ‡ฏ๐Ÿ‡ต Japan passes Stablecoin Bill to support investors' protection


โ—พJapan became one of the first major economies to introduce a legal framework around stablecoins.

โ—พThe parliament passed a bill that clarified the legal status of stablecoins, defining them essentially as digital money adding that they must be linked to the yen or another legal tender.

โ—พThe legal definition effectively means stablecoins can only be issued by licensed banks, registered money transfer agents and trust companies.

โžก๏ธ ๐Ÿ”ปBored Ape Yacht Club (BAYC) value drops by 60% in May

โ—พThe NFT collection ended May with a trading price of $152,658.

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