USDT

Amount of Bitcoin Stored on Exchanges at Lowest Point Since May 2019

On-chain analytics provider Santiment has reported that the supply of Bitcoin sitting on exchanges has fallen to levels not seen since May 2019. This is usually considered bullish as investors take BTC off exchanges when they’re in a position to hold and are not interested in selling. Santiment called it a “good sign of sell-off risk decreasing.” Bitcoin prices have been falling this week in the wake of a renewed crackdown in China and another round of FUD (fear, uncertainty, and doubt) that followed it. Since Monday, BTC prices have

Kawaii Islands Taps Polkastarter for its KWT IDO on October 12

[PRESS RELEASE – Tortola, British Virgin Islands, 27th September 2021] Kawaii Islands, the Anime Metaverse gamifying DeFi mechanism, is pleased to announce its Initial Decentralised Offering (IDO) on Polkastarter. The token sale goes live on October 12, and users can start registering for the whitelisting process shortly. Blockchain gaming with a play-to-earn model keeps gaining global momentum. Kawaii Islands is the first Anime Metaverse on a large scale to create a simulation world for players to immerse themselves into. Players can explore customization options, including crafting, decorating homes, styling their

Phemex: Trade simply and manage risks efficiently

The Phemex exchange was founded in 2019 by a group of experienced Wall Street executives who wanted to build a professional and transparent crypto trading platform with a customer-centric approach. Phemex empowers its users to access the right set of tools in order to manage risks associated with trading crypto. The Phemex Story The team chose the name Phemex in order to highlight their dedication to building a trustworthy trading platform. Pheme is the Greek god of fame which represents the public voice, while MEX stands for mercantile exchange. Together,

COTI to Issue New Stablecoin on Cardano Network

COTI introduced a new algorithmic stablecoin called Djed for Cardano this weekend in an effort to expand decentralized finance (DeFi) on the network.Sponsored Sponsored The Djed stablecoin was announced at a Cardano Summit in Wyoming on Sept 26 by IOHK founder Charles Hoskinson. The enterprise-grade fintech platform COTI will be the official issuer of Djed which will use the new Cardano smart contracts to ensure price stability, the announcement added.Sponsored Sponsored Djed will be entering an already crowded stablecoin market that is dominated by Tether and USD Coin, however, its

Bitget KCGI Trading Competition Opens for Registration on 20, October with a Prize Pool of 100 BTC

Derivatives exchange Bitget announced the launch of King’s Cup Global Invitational (KCGI). According to the announcement, the contest has set up a prize pool of 100 BTC and 500 million BGB as well as other custom-made prizes. The registration will open from 20 October to 4 November (UTC+8), and the competition will start from 10:00 am on 30 October to 10:00 am on 20 November (UTC+8). It is reported to be an annual event for global elite traders held under the principle of unity, fairness and competitive spirit. “This contest

Molecule Partners with VitaDAO and Nevermined Creating Pioneering Biopharma IP-to-NFT Transfer

[Press Release – Please see Disclaimer] Molecule, a decentralised biopharma marketplace, has developed a novel IP-to-NFT framework with Web3 technology innovator Nevermined. In a historic transaction, the first biopharma IPNFT was successfully transferred to research collective VitaDAO to fund novel longevity therapeutics at the University of Copenhagen. 18th August 2021, Basel, Switzerland — For the first time in history, NFTs are being used for a transfer of IP ownership in medical research. This unique milestone is a result of a partnership between biopharma IP marketplace Molecule, and VitaDAO, a decentralized

Cardano Founder Charles Hoskinson Calls For Mass Rally Against U.S. Crypto Taxation Bill

Charles Hoskinson, Cardano’s founder and CEO of blockchain research company Input Output Hong Kong (IOHK), has urged the U.S. crypto community to rally against the recently proposed taxation policy. Hoskinson first took it to Twitter earlier this week, calling on digital asset proponents in the U.S. to rally in Washington DC to vent their grievances against the bill. This would be a bid to convince the country’s senators to amend the Internal Revenue Services (IRS) reporting rules for cryptocurrencies. “I think it’s about time we get a rally going in

TRON Launches $300 Million Fund for GamiFi Projects

With the increasing interest in blockchain gaming, the popular blockchain platform, TRON, has recently announced the launch of a new $300 million fund dedicated to supporting GameFi projects. TRON Launches $300M Fund to Support Game Developers In a press release shared with CryptoPotato, TRON noted that the fund dubbed TRON Arcade was launched in collaboration with the leading NFT project, APENFT, and the DeFi project, WINKLink. TRON Arcade is geared toward supporting developers to create games using the play-to-earn mechanism, thus building a robust DeFi content and entertainment community in

DAO-led DeFi Hub NearPad Announces $2M Seed Raise 

[PRESS RELEASE – Please Read Disclaimer] NearPad, the DeFi hub on NEAR’s layer 2 protocol – Aurora, has announced the successful close of its $2m seed round. The raise was led by NGC with participation from leading backers in the blockchain space including NEAR Foundation, OWC, Ellipti, LD Capital, Flow Ventures, Genblock Capital, Exnetwork, and SuperNova Fund. NearPad has set its sight on jumpstarting ecosystem growth on Aurora through its DAO-centric protocol. “We’re excited to partner with NearPAD to help early teams fair launch,” says NEAR Foundation. “NearPAD brings the