Andrew Bailey – Bank of England Governor – warned about the potential risks involved with cryptocurrency investing. He argued that digital assets ”have no intrinsic value” and individuals who invest in them should be extra cautious. The Governor Against Crypto In a recent press conference regarding the skyrocketing prices of cryptocurrencies, Andrew Bailey warned people to be exceptionally careful when allocating funds to them. The Bank of England Governor opined that there...
Read More »Decentralized Storage Project ColdStack Becomes First IDO on SuperStarter Launchpad
[PRESS RELEASE – Tallinn, Estonia, 9th May, 2021] SuperStarter, the curated token launchpad recently inaugurated by SuperFarm, announced the first project to hold an Initial DEX Offering (IDO), which will be ColdStack, an up-and-coming decentralized storage project that promises to drastically lower storage costs compared to even centralized competitors. Registration for the IDO whitelist opened on May 4th, at 8 PM UTC, and closed on May 6th at the same time. The token...
Read More »Zookeeper Launches NTF Marketplace DApp with Farming and Utility Token
[PRESS RELEASE – 9th May, 2021, GENEVA] The ZooKeeper DApp launched on April 16th is already taking the market by storm with a new marketplace that uses gamification and Yield farming to create an NFT experience unlike anything seen before. What is ZooKeeper? Created by its community with the help of the Wanchain team, ZooKeeper is a gamified yield farming DApp built upon Wanchain. By creating real use cases within the ZooKeeper platform, the functionality of ZooKeeper NFTs...
Read More »What is an Initial DEX Offering (IDO)? How is it Different Than ICO & IEO?
The cryptocurrency community has been particularly creative when it comes to finding new ways to bootstrap projects and raise funds. In late 2017 and 2018, we saw the appearance of initial coin offerings (ICOs), where teams would raise money by selling a part of their total token supply to the public. This created an absolute euphoria as these freshly minted coins would multiply in value once they were listed on an exchange and open for trading. Quick Navigation: ICOs were...
Read More »NPCI Refuses to Ban Cryptocurrencies in India: Leaves the Decision to Banks
The National Payments Corporation of India (NPCI) does not intend to block cryptocurrency trading. Instead, it plans to leave the decision to individual banks and thus they can determine their own risk level. NPCI to Pass the Decision to Local Banks The consequences of the COVID-19 pandemic caused colossal damages to the nation and many experts outlined the uncertainty which reigns in it. But despite the current catastrophic situation in the Asian country, trading volumes in...
Read More »ETH Just Inches Away From $4K as Bitcoin Recorded its 3-Week Highest Price (Market Watch)
After a few days of sideways trading, bitcoin initiated an impressive leg up and even neared $60,000. Despite failing to overcome it, the asset has recovered some of its recently lost market dominance. At the same time, DOGE has slumped after Musk’s SNL appearance, while ETH and ADA went for new all-time high records. Bitcoin Neared $60K As reported just two days ago, the bears had control over the primary cryptocurrency and had pushed the price down to around $55,000....
Read More »Mozik to Launch IDO on Ignition
Mozik is the next disruptor launching its IDO on Ignition! The platform takes on the music industry with an innovative format to change how artists and their fans interact through music. We are eager to see your participation during the IDO. Here are some important dates to take note of for those intending to participate. Whitelist Start: May 8, 2021 11AM UTC Whitelist Close: May 12, 2021 4AM UTC IDO on Ignition: May 20, 2021 11AM UTC Whitelist for Mozik HERE What is Mozik?...
Read More »Dogecoin Holders Should Convert Their DOGE to BTC, Says Barry Silbert
Barry Silbert, the founder of several major cryptocurrency ventures, most notably Grayscale, has announced his big bet against Dogecoin, which was made via the DOGEBEAR2021 token offered by FTX. On top of that, Silbert suggests DOGE holders to sell their coins for Bitcoin. Dogecoin’s Turbulent Rise DOGE has enjoyed a tumultuous rise over the past few weeks, skyrocketing to new highs on the back of renewed interest from both Elon Musk and the general investor crowd. While many...
Read More »Crypto Banter Will Give Away Over $500K To 10 Eligible Community Members
[Press Release – Cape Town, South Africa, 8th May, 2021] Banter Bags is a unique project in the cryptocurrency world that aims to give back to its community. What initially started as a $10,000 community giveaway is now worth over $500.000. Ten eligible community members will be chosen randomly to receive their share of the spoils once the Crypto Banter Youtube channel surpasses 250,00 subscribers. The Banter Bags Giveaway is an event created by Ran Neuner, host of CNBC...
Read More »Legendary Pelé NFT Set to Drop on Ethernity May 8
[Press Release – Los Angeles, California, 8th May, 2021] Iconic Brazilian footballer Pelé will be immortalized in NFT form on May 8. The legendary striker, named FIFA World Player of the Century, is getting the tokenized treatment with the release of a licensed aNFT – authenticated non-fungible token – exclusively on the Ethernity Chain at 12pm EST. The coveted collection features several aNFTs of the soccer star, the result of a collaboration between Visual Lab and Rafa...
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