You can now clone NFTs as ‘Mimics’: Here’s what that means
Day: 5 June 2022
Stocks surge, altcoins give back their gains and dollar strength may push Bitcoin lower
This week major cryptocurrencies reversed course after rallying, stocks struggled to maintain gains and a strengthening dollar could continue to weigh on BTC price.
Read MoreAward-Winning Projects of the $1,000,000 KCC Unicorn Contest
Singapore, May 28, 2022——KCC (KuCoin Community Chain) announces that the KCC Unicorn Contest has ended with 14 projects winning an incentive prize pool around $1,000,000, including KCC prize and additional rewards provided by jury. The Unicorn Contest is KCC’s first on-chain incentive event in 2022, which is the initial stage of KCC’s $5,000,000 Ecosystem Accelerator Program. It aims to discover and support KCC’s elite projects from multiple streams and channels. According to the data, a total of 114 projects applied for the Unicorn Contest, of which 49 have successfully deployed…
Read MoreEvo Finance Has Successfully Launched on BitForex, Offering Easy Access to EVO Tokens
Evo Finance has successfully completed its first centralized exchange listing on BitForex, and with it, this investment-friendly platform has opened up several new opportunities. With in-built auto staking and auto compounding features, Evo Finance provides easier and faster access to investments and profits. The EVO token is a BRC-20 token, which is transparent, elasticized, and provides seamless liquidity to the investors, users, and holders by a rebase formula. The project is under Bitgert Startup Studio. Auto Staking and Auto-Compounding Formula Evo Finance presents a way to help the user’s wallet increase…
Read MoreCardano Metaverse Project Cardalonia, Launches Staking Platform Set To Release Playable Metaverse Avatars
Tallin, Estonia, 1st June, 2022, Chainwire Cardalonia, is a decentralized and fully customizable virtual world where players can build, own and customize their own experiences utilizing the Cardano Blockchain and earn $LONIA, the utility token Cardalonia. The Cardano-based startup has gathered substantial interest even with the bear market as they have been able to fill 30% of the current round allocation days after announcing the launch of their Lonia Token Sale. The Seed round is still ongoing and interested participants can do so here https://cardalonia.io/buy/. Cardalonia is powered by $LONIA,…
Read MoreKryptoPips Creates the World’s First Multi-Broker Rewards Coin to Reward Various Trading Activities and Deliver Client Value
PRESS RELEASE. KryptoPips, the world’s first multi-broker rewards coin, allows brokers to reward their clients for participating in various trading activities. As key drivers of customer loyalty, the rewards coins will enable brokers to acquire new customers and maintain existing ones, thereby growing the brand. The reward coins can help boost business and incentivise trading activity throughout the year. It offers a customisable multiple-level rewards system to deliver a robust client loyalty program for global brokerages. A number of intended partnerships are set to be announced in the coming weeks,…
Read MoreKuCoin Announces Decentralized Wallet: Web3 & NFTs the Aim
Kucoin, In an effort to tap into the Web3 and NFT space, the exchange is launching a decentralized wallet integrated with cross-chain swapping feature. The crypto exchange giant KuCoin today announced its launch of a brand-new decentralized wallet as it moves towards Web3 and decentralized applications. KuCoin Sees the Future Users are now able to connect with the KuCoin Wallet, which is currently available in the web-based exchange platform. The mobile-based platform is still in the works and is set to launch in the near future. The platform is integrated…
Read MoreApeCoin Community Initiates Proposal to Have APE Remain on Ethereum, with 99% of Votes For the Idea
Summary: The ApeCoin Community has initiated a proposal to keep APE within the Ethereum ecosystem. 99.95% of the votes are so far for the proposal that ends on June 9th. The proposal under AIP-41 points out that migrating to a different chain is a costly, risky, and complex endeavor that may result in catastrophic loss or abandonment by Yuga Labs. Additionally, Ethereum and its L2 solutions provide possible solutions. The ApeCoin community has initiated a new proposal to have the APE token remain within the Ethereum ecosystem. The proposal, under…
Read MoreBitcoin ETPs Saw Massive Inflows in May Despite the Crypto Market Selloff Catalyzed by UST’s Depeg Event
Summary: The month of May saw a strong recovery in the inflow of Bitcoin into ETPs, with a total of 9,765 BTC. The flow of BTC into Bitcoin ETPs has also been favorable into June, with the global holdings hitting an all-time high of 205,008 Bitcoin. The Canadian Purpose Bitcoin ETF has led inflows of Bitcoin into ETPs. The month of May 2022 will go down in history as one of the most tumultuous periods in the Bitcoin and crypto markets primarily due to the crypto-wide sell-off kick-started by UST…
Read MoreSharknado Co-Creator and Snowpiercer Producer Launch New Token $FLIX to Revolutionize Indie Film
Los Angeles, United States, 1st June, 2022, Chainwire Veteran Hollywood filmmakers Ben Rosenblatt and Micho Rutare launch $FLIX, a novel crypto-token, in order to reinvent how independent films are financed, produced, and distributed. Their company American Meme will leverage $FLIX to raise capital for a slate of indie films that appeal to both film and crypto enthusiasts. A fee on each transaction goes directly to a “film wallet,” and the team has committed to investing 75% of film wallet funds in production and only 25% in marketing and publicity. Profits…
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