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Showing posts from October, 2024

Introduction to Gamified Liquidity Pools

Gamified liquidity pools are an innovative approach in decentralized finance (DeFi) that combines traditional liquidity provision with game mechanics to enhance user engagement and incentivize participation. In a typical liquidity pool, users provide assets to facilitate trading, earning fees in return. However, gamification introduces elements such as rewards, challenges, and competitive Features , transforming the user experience. By integrating gaming elements, these pools encourage users to interact more frequently and actively. For instance, participants might earn points or tokens for providing liquidity, completing tasks, or achieving milestones. These rewards can be further enhanced through leaderboards or seasonal events, fostering a sense of community and competition. Additionally, gamified liquidity pools often incorporate mechanisms like yield farming, where users can stake their tokens to earn higher rewards. This creates a dynamic environment that not only attracts liquid...

Flockerz Zooms Past $1.1M In Presale – Could This V2E Meme Coin Ignite The November Rally?

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The best month for crypto gains is just hours away, and to cap off “Uptober,” the new meme coin Flockerz ($FLOCK) has raised over $1.1 million in its presale. With a total of $1,183,199 collected in just over a month, it’s clear the crypto community is hungry for a different direction to meme coin ownership – one that is purely community-controlled. Flockerz introduces the industry’s first vote-to-earn (V2E) mechanism, allowing users to influence the project’s future by voting on key decisions while earning cryptocurrency at the same time.  This model puts real control directly in the hands of the community and sets a new benchmark that could kick off a meme coin party for new and older projects to join in.  Being an early adopter is crucial in any industry, and holding the “People’s Meme Coin,” $FLOCK, positions investors for significant potential gains. Flockerz offers early backers...

Nishad Singh avoids prison sentence for role in FTX

Nishad Singh avoids prison sentence for role in FTX In New York today at 3pm, Nishad Singh entered a federal courtroom to hear a judge read his final sentencing for the crimes he committed at FTX. After considering statutory minimums, sentencing guidelines, and other documents filed relevant to the decision, Judge Lewis Kaplan decided to administer a sentence of time served with three years of supervised release, according to reporting from InnerCityPress. For context, FTX’s former CEO Sam Bankman-Fried received a 300-month prison sentence. Former co-CEO of FTX Digital Markets Ryan Salame received a 90-month sentence. Caroline Ellison, CEO of Alameda Research which stole funds from FTX customers, received a 24-month sentence. Singh, FTX’s ex-Director of Engineering, pleaded guilty to six crimes last year. He also filed a sentencing submission — and received written support from bankruptcy cleanup lead John J. Ray III — that stressed his post-collapse cooperati...

Ripple to unlock 1 billion XRP this Friday (November 1); What’s next?

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Ripple, XRP Ledger’s (XRP) core developer and largest holder, will unlock 1 billion tokens this Friday, November 1. At current prices, this unlock has a nominal value of above $520 million, part of which Ripple will eventually sell. Notably, the currently locked 1 billion XRP—together with over 40 billion more—is not counted as XRP’s circulating supply. Thus, unlocking and selling a fraction of these tokens will effectively inflate XRP’s supply, diluting other holders’ value. This dilution’s effects can be varied, potentially even directly affecting XRP’s price as the market speculates on the potential outcomes. Interestingly, XRP dropped aggressively on October 1 and 22, right after last month’s unlock and 200 million tokens’ selling, respectively. Picks for you What will Nvidia stock price b...

5 Best Altcoins to Buy Now October 29 – Ethena, Bitcoin SV, THORChain, Sui

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The crypto market is showing renewed strength, with current net inflows mirroring those seen during the market surge in February, suggesting that a comparable upswing could be approaching. In February, prices rose significantly, and a similar pattern might be unfolding now.  With increasing capital moving into Bitcoin and altcoins, the market could be setting up for another breakout. Experts indicate that external conditions appear supportive, and if this trend holds, Bitcoin might hit $100k, with altcoins potentially gaining from the increased momentum. In light of this, investors are searching for affordable tokens, particularly the best altcoins to buy now . 5 Best Altcoins to Buy Now  Ethena (ENA) is currently priced at 0.384922, marking a 13.89% increase in the last 24 hours. Bitcoin SV (BSV) has recently caught the interest of short-term investors and traders due to its price moving above $50, accompanied by considerable volatility. Thorchain’s token, RUNE, is s...

Bitcoin price prediction for U.S. election 2024: Finance experts’ forecast

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As October nears its end, Bitcoin (BTC) has finally found the momentum expected from ‘Uptober’ as it first broke the protracted downtrend. The flagship cryptocurrency rallied from October 10 lows under $60,000 to a relatively stable level near $68,000 and, in the last 24 hours, surged above $71,000. Specifically, having managed a 4.22% rise to $71,184 during the last day of trading, Bitcoin is, at press time, 8.61% in the green in the 30-day time frame and has climbed 65.67% from where it stood at the start of 2024. BTC 30-day price chart. Source: Finbold Still, the world’s premier cryptocurrency has yet to reclaim the March – and all-time – highs above $73,000, and there is concern whether it’ll make it given the considerable volatility expected in the leadup to and aftermath of the U.S. presidential elections. Picks for you ...

Top Trending Cryptos on Solana Chain Today – Wrapped SOL, Bingo, Niro

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Several AI-driven digital asset projects have seen significant growth in the current cryptocurrency market cycle, with SPX6900, ZCash, and Mantra standing out among them. Simultaneously, various Layer-1 (L1) blockchain protocols have emerged as major contributors to the decentralized ecosystem, providing unique solutions and enabling a wide range of blockchain applications.  These L1 protocols operate independently, managing transaction validation and execution without depending on external networks. Meanwhile, other protocols have also made substantial strides in gaining traction. This article focuses on the top trending cryptos on Solana Chain today. Top Trending Cryptos on Solana Chain Today Wrapped SOL (SOL) is presently valued at approximately $5,661.40, with a market capitalization of around $217.47 million. Meanwhile, the Bingo (BINGO) token is trading at $0.0001087 and has a market cap of $100.17K. Niro’s live price stands at $0.00148, with a market cap of roughly ...

Most Trending Cryptocurrencies on Ethereum – TokenBrain.ai, Microsoft 6900, Homestar Runner

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Fetch.AI (FET), a blockchain-based artificial intelligence (AI) protocol, has recently generated optimistic signals within its community and among investors. According to a crypto analyst featured on the Altcoin Buzz podcast, this momentum could potentially drive a short-term upward trend. The analyst also highlights that Injective (INJ) has demonstrated resilience over the past month, performing well amid market volatility. INJ saw a notable surge in early October, rising by almost 30% before experiencing a correction. Despite this pullback, the analyst maintains a positive outlook on INJ. Meanwhile, tokens across other chains are printing gains. This article curates the most trending cryptocurrencies on Ethereum. Most Trending Cryptocurrencies on Ethereum The Microsoft 6900 (MSFT) token has a current price of $0.0000978, with a market capitalization of $105,090 and a 24-hour trading volume reaching $791,800. The Homestar Runner (RUNNER) token, on the other hand, is valued at $0.00...

US Department of Justice Investigating Tether (USDT) Over ‘Possible’ Violations of Sanctions, Anti-Money-Laundering Rules: Report

The US Department of Justice has launched an investigation into the stablecoin company Tether, according to a new report. A criminal investigation into the company and its dollar-pegged stablecoin USDT is underway, spearheaded by the U.S. attorney’s office in Manhattan, reports the Wall Street Journal. The DOJ is investigating “possible” violations of sanctions and anti-money-laundering rules, according to people familiar with the matter. The news has triggered a small de-peg for USDT, with the coin that’s designed to remain at $1 now trading at $0.9925 at time of publishing. USDT is the largest stablecoin on the market, with a $119 billion market cap. Source: https://thebittimes.com/us-department-of-justice-investigating-tether-usdt-over-possible-violations-of-sanctions-anti-money-laundering-rules-report-tbt103866.html?utm_source=blogger_source&utm_medium=blogger_medium&utm_campaign=blogger_cam Category: Altcoin News Post by: Th...

Exploring Virtual Realities in Web3

Web3 is redefining the concept of virtual realities, blending immersive experiences with decentralized technologies. In this new digital landscape, users engage in virtual worlds powered by blockchain, which enhances ownership, authenticity, and interactivity. Decentralized platforms enable users to create, buy, and sell digital assets, such as virtual real estate and in-game items, using non-fungible tokens (NFTs). This ownership model empowers creators and players, fostering a vibrant economy where users have true stakes in their virtual environments. Virtual reality (VR) and augmented reality (AR) applications in Web3 provide unique social experiences. Users can interact, collaborate, and participate in events in immersive settings, breaking geographical barriers. Projects like Decentraland and The Sandbox showcase how these platforms create user-generated content and communities, driven by blockchain’s transparency and security. Moreover, Web3’s emphasis on privacy and u...