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0x(ZRX)

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$0.389345
(11.53%)
0.00001590 BTC
Market Cap (Rank#129)
$329,968,383
13,472 BTC
Vol 24h
$21,981,916
897.513 BTC
Circulating Supply
847,496,054.80
Max Supply
1,000,000,000
22h agocryptodaily
Metaverse Memecoin Tamadoge Raises $1 Million Midway Through Its Beta Sale
London, UK, 10th August, 2022, ChainwireTamadoge, the P2E metaverse meme coin, has raised $1 million after just 12 days of its beta sale. The beta sale began on July 25 and is scheduled to run until August 31, but will finish before then when the $2 million hard cap is reached. Once the presale has concluded, the TAMA token will be listed on LBank exchange. Unlike most so-called memecoins, Tamadoge has been designed to have real utility. It serves as the native currency of a games platform populated by virtual Tamadoge pets. Owners can mint, breed, and battle Tamadoges to level up. A mobile “battle” beta version of the app is scheduled for release in Q4 2022. Tamadoge ultimately aims to raise $10 million to build out its play-to-earn GameFi ecosystem, with $2 million coming from the ongoing beta sale in which 1 TAMA can be bought for 0.01 USDT. ETH and fiat currency are also accepted for the beta sale. From September, the token price will rise by 25% as the second phase of the public sale commences. The current beta sale is effectively an open private sale, sometimes referred to as a “fair sale” because ordinary investors can take part with a minimum purchase of just $10 and no maximum. Half of the total supply of 2 billion TAMA tokens is available for purchase in the presale. Adding to Tamadoge’s fairness credentials, there is no vesting period for presale buyers and there is no private sale. Tamadoge utilizes NFTs, each of which represents a virtual pet. Owners are tasked with nurturing their pets from birth to adulthood. As the Tamadoge grows, it develops greater strength and skills and as it moves up the leaderboard it can participate in battles with other pets. In the Tamadoge Store players can buy food, clothing, and cosmetic items for their pets. The more they look after their pet the more Dogepoint rewards they’ll earn. Because of the use of NFTs, in-game assets are easily tradable as uniquely valued assets. Transaction fees from store sales go towards funding the Dogepoint rewards system. In addition, TAMA is deflationary which supports token price and the rewards pool is not dependent on speculation. Tamadoge has been designed to make Play-to-Earn fun, having drawn lessons from the mistakes of early P2E games. Many of these were criticized for tedious and skill-less gameplay, which made earning rewards arduous and boring. Early next year Tamadoge will be looking to explore partnerships with existing metaverse platforms with a view to onboarding its virtual reality vision. It is envisaged that each pet will have a 3D avatar version that can be plugged into virtual worlds on a variety of existing platforms. Tamadoge believes that interoperability and extensibility are essential for metaverse success and the team is therefore developing an ecosystem that is platform-agnostic. TAMA buyers can connect their wallet at https://bitesly.io/box_5a66b923931a8851e48a252348c79bc5 to participate in the beta sale. The TamaDoge contract address is: 0x12b6893cE26Ea6341919FE289212ef77e51688c8 For more information, visit: Website: Tamadoge.io/ Whitepaper: Whitepaper Social Channels: https://t.co/bAE0la22Rx Security audited: https://tamadoge.io/wp-content/uploads/2022/07/SolidProof-TamaDoge.pdf Not for general publication, press only – for more information contact Gary McFarlane at 07472 703 288 ContactsHead of [email protected]
1 day agocryptodaily
10x During Inflation? Only In DeFi: Uniglo (GLO), Shiba Inu (SHIB), Binance Coin (BNB) Explained

Double-digit inflation currently ravages most economically developed countries and has dominated headlines globally. People have seen their purchasing power drastically reduced, and if they have not seen wage increases in line with inflation, they have taken a significant pay decrease. In this troubled economic time, one sphere continues to develop and grow increasingly fertile: DeFi (decentralised finance). This nascent economic sphere is continuously evolving and increasing its value proposition as it becomes a viable opponent of TradFi (traditional finance) and ushers in a new age of transparent and more equitable finance. The potential for growth in DeFi is incredible, and many investors see huge gains on their investments. Uniglo (GLO), Shiba Inu (SHIB), and Binance Coin (BNB) have been earmarked by several crypto analysts to enjoy serious gains in the coming months. Uniglo (GLO)Uniglo represents a new approach to currency. With inflation destroying the actual value of fiat and market volatility making crypto a highly unstable store of value, the need for a new store of value became glaringly apparent. GLO is a community-owned currency that builds on the strategy employed by the rich to preserve their wealth; asset ownership. Uniglo features buy and sell taxes, 5% goes to the treasury fund to acquire a blend of digital, real-world, and NFT assets to give GLO a stable value-backed floor price, and 2% of each transaction is burnt. This hyper-deflationary token backed by tangible assets is a perfect hedge against inflation. The Uniglo vault will hold stablecoins to protect against volatility, large-cap cryptos to benefit from long-term price appreciation and a selection of high-end physical investments that ordinary investors typically cannot access due to capital requirements. In the prevailing market conditions, the potential for Uniglo to grow is colossal, and this crypto is one of the most exciting prospects for 2022. Shiba Inu (SHIB)Shiba Inu’s native DEX (decentralised exchange) Shibaswap continues to attract increasing amounts of capital, and the other ecosystem tokens, BONE & LEASH, are being used to generate revenue. The SHIB Army are busy earning yields. With promises of a new decentralised stablecoin and a collectable card game soon to be released, this DeFi ecosystem is flourishing. SHIB is undergoing a massive burn event with more than 400 trillion tokens burnt and counting. With a drastically reduced supply, the token’s price is being pushed up and is an excellent choice for investors who want to partake in the lucrative realm of DeFi. Binance Coin (BNB)BNB is the utility token of Binance, the world’s leading exchange ranked by volume, and the native token of the BSC (Binance Smart Chain), the second largest ecosystem within DeFi. This token sits fifth ranked by market cap and is what many analysts call a ‘blue chip’ crypto project. With Binance holding a quarterly burn, the total supply of BNB is decreasing. This token opens the door for the investor to participate in the BSC ecosystem, which hosts PancakeSwap, the most popular DEX by visitor count. Here investors can earn yield with their digital assets, and BNB, trading at $284, will meet its next critical resistance at $336. The bulls are in control, and the next bull market cycle promises incredible gains for BNB holders. Find Out More Here Join Presale: https://presale.uniglo.io/register Website: https://uniglo.io Telegram: https://t.me/GloFoundation Discord: https://discord.gg/a38KRnjQvW Twitter: https://twitter.com/GloFoundation1 Disclaimer: This is a sponsored press release, and is for informational purposes only. It does not reflect the views of Crypto Daily, nor is it intended to be used as legal, tax, investment, or financial advice
3 days agocryptodaily
Announcing Hashstack’s switch to Starknet
Bengaluru, India, 8th August, 2022, ChainwireHashstack is thrilled to announce its strategic shift to Starkware developed Starknet — the first general-purpose permissionless Decentralized ZK-Rollup, to deploy Open — Hashstack’s money-market protocol to enable secure, under-collateralised loans on the blockchain. With this, Hashstack shifts its focus from EVM chains to zk-primitives to further its mission to build the critical infrastructure necessary to 10x the usability of decentralised finance, to truly empower financial inclusion through crypto. What are Zk-Rollups Ethereum is the most popular blockchain development platform. 26.65% of all Dapps in existence are deployed on Ethereum. Today, 9 out of 10 dapps get deployed on Ethereum, or evm-based L1. This is primarily due to lower development barriers, & matured ecosystem of developers, and resources. On the flip side, the increased network load consistently leads to exorbitant gas fees and slower transaction times; which greatly impacts the network’s scalability. This matters because blockchain has made significant strides over the past few years with a projected CAGR of 56.3% between 2022 to 2029. This might not be possible if the predicaments of today continue to exist. L2 scalability protocols such as zk-Rollups operate by rolling up hundreds of off-chain transactions into a single transaction. They return a short non-interactive argument of knowledge(SNARK) to the main chain as proof of validity. This ensures that instead of hefty transaction data, only the validity proof has to be kept on the main Ethereum network, making ZK Rollups a faster and cheaper way to confirm transactions. StarkNet, is a permissionless decentralized ZK-Rollup operating as an L2 network over Ethereum, where any dApp can achieve unlimited scale for its computation, without compromising Ethereum’s composability and security. About Starknet Future-ready: In development since 2017, Starknet’s one of the few market-ready ZK-rollups with over 205Mn transactions processed, facilitating over $657Bn trading volume, to date; instilling confidence in the network’s reliability. The community: Arguably the most collaborative ecosystem of builders we have come across. Adopting an entirely new development framework comes up with its own set of challenges. Starkware team’s success in building an open-minded, collaboration-centric community made it 10x easier for Hashstack’s team to evaluate & deploy on Starknet. Additionally, Starkware incentivised Hashstack for building & deploying on Starknet. Cairo Lang: Powers Starknet’s virtual machine, is a Turing complete language with syntax similarity to Python. Compared to Solidity, Cairo is less restrictive & provides full low-level access to low-level primitives. About Hashstack Hashstack builds the critical infrastructure necessary to further the usability of decentralised finance. Hashstack’s solution to the over-collateralisation problem in DeFi lending, Open is a non-custodial, zk-native money-market protocol designed to enable secure under-collateralised loans on-chain. ContactsVinay [email protected]
7 days agocryptodaily
Ethical Hackers Return $9 Million To Nomad Following Exploit
“White hat” or ethical hackers that safeguarded the funds on behalf of Nomad during the attack on the cross-chain bridge have begun returning the funds to a wallet address belonging to the company according to a report by blockchain security firm PeckShield. Thus far, about $9 million has been returned, amounting to 4.75% of the total loss. Following an attack on the cross-chain token bridge Nomad that saw more than $190 million in funds stolen, the company published a wallet address on Wednesday for the recovery of the tokens. Data from Etherscan shows that almost $9 million of the total funds have been returned. Tokens returned so far include $3.75 million in USD coins, $2 million in Tether, $1.4 million in Covalent Query tokens, and $1.2 million in Frax. The majority of the funds have come from known Ethereum Name Service domain wallet addresses, and these individuals are among the 300 wallets that took part in the hack. However, unlike the hackers, ethical hackers took swift action to ensure the safety of Nomad’s funds during the incident after the protocol requested that they return funds in a Tweet following the attack. The Tweet reads, Dear white hat hackers and ethical researcher friends who have been safeguarding ETH/ERC-20 tokens, Please send the funds to the following wallet address on Ethereum: 0x94A84433101A10aEda762968f6995c574D1bF154. In a statement included in the Tweet, it said, We are actively working with a leading chain analysis firm and law enforcement to trace funds. All involved are prepared to take necessary action in the coming days. If you took ETH/ERC-20 tokens with the intention of returning them, we now have a process for you to do so. Cryptocurrency custodian Anchorage Digital has been tasked to handle and safeguard the returned tokens. Disclaimer: This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice.
7 days agocointelegraph
Roman Catholic Archdiocese of Washington, DC will accept crypto donations
Crypto donations platform Engiven’s page for the archdiocese includes the option to send funds anonymously using many tokens, from Ether to 0x.
9 days agocryptodaily
How the Octopus Network is Driving the Internet into a more Open, Fair, and Secure Era
You don't hear about the earnest blockchain protocols because they’re busy building solutions It would be easy to forget that blockchain technology is more than the growing pains of DeFi, considering the plethora of disquieting news coming out of the crypto space recently. But it's important to remember that blockchain is a tool, a tool that can be used to solve a swash of contemporary issues. And, like all tools, its use is defined by human intent — You can use rocks to bash in someone's head or build functional civic structures. Web3 has the potential to hand data sovereignty and content ownership back to internet users. So, where are the protocols committed to creating solutions with blockchain tools? They are out there, building. And that is probably why you don't hear much about them in the headlines, which tend to favor catastrophe over progress. Earnest blockchain protocols are driven by ideology rather than speculation Serious blockchain technicians are often driven by ideology rather than speculation — the intent is embedded in the building. This is why they tend to survive severe crypto market downturns. Solid projects with a mission of driving towards a fairer internet also generally have foundations that help scaffold and fund web3 development because they know that only mass adoption can complete the transformation from User-as-Product to User-as-Owner. Imagine all the business conducted across all of the niches on the Internet today. Until Web3 solutions are accessible for at least a majority of these verticals, Web3 will remain an elusive target. Presently, at least three significant barriers to developing Web3 must be addressed and solved by the blockchain industry itself for mass adoption to become feasible. The blockchain industry must eradicate its own barriers Startup cost is one of the most formidable barriers to realizing a broader selection of viable Web3 solutions. Building an application-specific blockchain is both capital and labor-intensive. In addition, blockchain development requires blockchain developers. Unfortunately, there is a shortage of developers fluent in novel programming languages such as Rust. Finally, it takes more than technology to launch a successful Web3 project. Founders need to be familiar with critical concepts in tokenomics, product design, UX, community building, governance, and more to successfully launch a Web3 project. These three bottlenecks to Web3 development are precisely what the Octopus Network was designed to disrupt. The Octopus Network lowers the barrier to Web3 adoption To accelerate adoption, the Octopus Network's primary mission is to lower the barrier to Web3 innovation. This is not only apparent in its support of the application-specific blockchains that choose to launch on its platform but also in its open and free Global Substrate Training and Accelerator Programs funded by the Octopus Foundation. The Octopus Network is a multichain, interoperable cryptonetwork for launching and running Substrate-based, EVM compatible, application-specific blockchains, aka appchains. The design of the Octopus Network's security leasing mechanism lowers the cost of launching a Substrate-based blockchain by an estimated factor of 100X. Web3 teams who wish to develop their concept using Substrate will find an incredible support base in the Octopus Development Team and Core Community— in addition to enjoying appchain customizability, infrastructure support, crosschain interoperability, and unlimited scalability. The Octopus Global Substrate Developer Training program increases Web3 resources A few years ago, Octopus Network launched the first Substrate Developer Training courses in China, which are now operated by Parity. Since then, Octopus has been on a mission to spread its courses globally, with current offerings in Vietnam, Malaysia, India, Nigeria, and Mexico. Substrate is an open-source tech stack, built using Rust programming language and created by Parity, that simplifies building a blockchain customized for a specific application. The full stack of an appchain, including networking, consensus protocol, node configuration, etc., can be thoroughly optimized for its particular use case. An appchain enjoys its transaction processing capacity exclusively without competing for gas price with other applications, ensuring lower transaction costs and faster response times for its users. And a Substrate appchain has self-sovereignty —it’s governed by its community. There are already hundreds of Web3 projects built on Substrate, and more appchain projects are expected to emerge. The Octopus Accelerator awards Web3 entrepreneurs The Octopus Accelerator Program is a global Web3 startup community of entrepreneurs launched by Octopus Network and funded by the Octopus Foundation to help Web3 entrepreneurs bring utility to Web3 by realizing their concepts as appchain testnets. The Accelerator program conducts four open Global Web3 Entrepreneurship Camps providing $1 million in funding to 20 outstanding Web3 application chain entrepreneurial teams annually. Each quarterly course awards a total of 250k in funding to its top five projects. Mentored by industry experts while engaging in course workshops, participants study critical topics such as Product Design, Token Engineering, Regulation, Fundraising, and more. The month-long program concludes with a Showcase Day, allowing the top 10 teams to demo their project in a competition to win one of five Octopus Star Prizes and 50k in funding. Accelerator Program courses are free and open to any Web3 founder, team, or developer interested in developing their project from concept to testnet. The Fall 2022 Accelerator program offering 50k in funding to five top projects currently accepts applicants until its August 13th deadline. The Octopus Network sets the stage for Web3 innovation Octopus Network's unique Leased Proof of Stake security coupled with Substrate makes building a Web3 application much more accessible and affordable for the world's problem solvers, thereby setting the stage for Web3 innovation. Any Substrate-based blockchain can register to become an Octopus Network appchain. Any Web3 project can apply to the Accelerator to learn how to build a Substrate appchain testnet and win funding, and any developer can gain exposure to Rust programming language and the Substrate framework through Global Substrate Training courses—all compliments of Octopus Network. While DeFi growing pains may stir up one-sided skepticism toward blockchain technology as a whole, the other side of the equation, those seeking solutions, just keep building. The Octopus Network was conceptualized, designed, and realized because of the underlying philosophical tenets of its core team, which is committed to driving the Internet into a more open, fair, and secure era, aka Web3. Disclaimer: This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice.
10 days agocryptodaily
Why Solana (SOL), Fantom (FTM), and Degrain (DGRN) Are the Best Coins to Buy in This Bear Market
The current state of the crypto market has dealt severely with the price of many tokens and dampened the morale of investors so that the general sentiment has become one of extreme caution. Nevertheless, true traders and investors know that the fortune that comes during the bull market is usually a result of actions taken in the bear cycle. This is why many have their eyes on Solana (SOL), Fantom (FTM), and Degrain (DGRN); three coins with the potential to make investors more than a 100x gain. Solana (SOL): Has a lot of potential for growth Solana (SOL) has grown in popularity over the past couple of years, and for good reason. The Solana (SOL) network offers a high TPS, great speed, and adequate scalability, which encourages builders to set down roots on the blockchain. Solana hit its all-time high in November 2021, and despite the vicious bear market, it has continued to perform excellently compared to some other coins. Investors see a lot of leg space for growth in both the DEFI and NFT sectors on the blockchain and have been betting on Solana (SOL) climbing back to $260 and then surpassing it in a few months or years. Fantom (FTM): A defi-friendly network Fantom (FTM) is a smart contract platform that provides decentralized finance services to builders using its customized algorithm. With its native token FTM, Fantom aims to eliminate issues linked with smart contract platforms, especially speed. It currently has a daily trading volume of $256,381,602. Fantom (FTM) is ranked #58 on CoinMarketCap but remains a popular and viable choice among developers, and many believe that the Fantom (FTM) token value will rally upwards as soon as the bull cycle begins. Degrain (DGRN): Can its token 80x? Compared to Fantom (FTM) and Solana (SOL), Degrain (DGRN) is very young. The platform aims to be the first cross-chain NFT marketplace in the world and promises investors to share platform revenue. Degrain (DGRN) is on that path, and investors are bullish - having completed its audit with flying colors. The DGRN token’s first presale phase began on July 7th, with 11 million sales in the first 60 seconds, and since then, the value has been moving upwards despite the bear market. The second presale phase started two weeks early, and the price of the Degrain (DGRN) token has increased to $0.06, experts believe that it could see an increase of 8,000%. We certainly think it could be the best investment in 2022. Website: https://degrain.io Presale: https://presale.degrain.io Telegram: https://t.me/degrainio Twitter: https://twitter.com/degrainio Disclaimer: This is a sponsored press release and is for informational purposes only. It does not reflect the views of Crypto Daily, nor is it intended to be used as legal, tax, investment, or financial advice.
13 days agocryptodaily
SushiSwap ‘Head Chef’ Pay Package Sparks Concern
A new governance protocol has nominated Jonathan Howard as the new CEO or ‘Head Chef’ at SushiSwap. New Head Chef Nominated Decentralized exchange (DEX) SushiSwap has announced the nomination of Jonathan Howard as the Head Chef, which is the official title given to the protocol’s chief executive officer. The nomination was announced on Tuesday via a governance post written by Sushi contributor JiroOno. The announcement read, “We’ve sourced the candidate we believe represents the best option for Sushi and are now looking to present this candidate to the Sushi community.” Currently, the seventh largest DEX, SushiSwap, is going through a heat check poll for the Head Chef nomination. At the time of writing, 65% of the 40 votes cast favor hiring Howard as the Head Chef. A positive poll outcome and a successful forum call will pave the way for a snapshot vote where SUSHI holders will get the final say on the hire. Community Mostly Welcoming The protocol has been searching for a new leader since the former Head Chef 0xMaki stepped down in September 2021. Howard, who is the current co-founder and CTO at NFT firm BigHeadClub, could be the next to step into the role. As the Head Chef, he would have to manage day-to-day operations and lead delivery efforts of both pending and new products at Sushi. The overall community feedback has been largely positive regarding Howard’s nomination, matching the heat check poll. However, there have been some detractors who have questioned his lack of DeFi experience. Heavy Package Is Concerning The nomination has also sparked conversation around the proposed salary for the position. If hired, Howard would earn an annual base salary of $800,000 in USDC, further token incentives of 600,000 SUSHI tokens vested for four years with a six-month cliff, and a one-time bonus of 350,000 SUSHI tokens. Members have claimed that it is beyond the Sushi budget, as the treasury is worth $19.4 million. The Head Chef will also receive 1.2 million SUSHI incentives once the token price hits certain targets between $3-$11. He will also be entitled to a 24-month severance package along with the above incentives if he is terminated. Community members have questioned where the funds will come from since the head chef is eligible to receive $8.35 million in just bonuses if Sushi crosses $11. Disclaimer: This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice.
14 days agocryptodaily
Chiliz (CHZ) and Chronoly (CRNO) have 50x potential - Here is all you need to know
The cryptocurrency market has struggled over the last year to provide investors with good returns. Despite the recent bear market there are still opportunities to make big gains in the right projects with Chronoly.io (CRNO) and Chilliz (CHZ) being two that offer promise. Chilliz is a platform for sports and entertainment fan tokens, while Chronoly provides asset-backed investing in luxury watches. Both projects operate in a niche area of the crypto investing market and we discuss how they can provide 50x returns in the years ahead. Chilliz (CHZ) Moves to NFT Memoribilia Chilliz (CHZ) is the native token of the Socios ecosystem where fans can interact with their favourite sports teams and other entertainers. Chilliz is now rolling out another feature in the form of sports moments and memorabilia NFTs. A recent soccer match between AC Milan and AS Roma allowed fans to purchase special commemorative NFTs in the form of video highlights through the ACM fan token. Chilliz has also been added to the Bitpanda exchange with access to 3.5 million traders on the platform. Chiliz confirmed the listings of some of its soccer fan tokens via Twitter. Some of the listed tokens are CITY, BAR, ATM, PSG, and JUV. These tokens are minted on the Chilliz network and are the official fan tokens of the likes of Barcelona and Paris St Germain. The addition of NFTs will open up a new revenue stream that can be rolled out across each fan token for every match and that could be big business. Chilliz has since expanded from soccer to include entertainment names such as the UFC fighting tournaments. The CHZ token can increase strongly as the ecosystem grows and users seek access to the fan engagement platforms. Chronoly.io Brings Asset-Backed Digital Investing The Chronoly.io project is also operating in a niche area by providing a marketplace for investment in NFTs that are backed by luxury watches. This will provide a bridge between old and new investment worlds for investors who like to diversify their portfolio into digital assets that are backed by real-world items. These NFTs will be broken into fractions allowing investors to buy the assets for as low as $10. Chronoly.io provides a modern and intuitive blockchain marketplace that allows investors to set stop and limit orders so they can wait patiently for the right price. There is also historical and real-time price data so that investors can make better decisions on the luxury watch market. Investors have recently shunned cryptocurrency for safe investments but the Chronoly (CRNO) project brings that opportunity into the digital age. NFTs are a core feature once more as the watches are held in safe storage and fully insured. In the Chronoly.io roadmap, the project has earmarked a move into the metaverse in the future with its own Chronoverse offering. That could involve partnerships with luxury watch brands and analysts see the potential for big gains once the project is well-known. The marketplace’s native token, Chronoly (CRNO), currently trades at $0.066 after starting at $0.01 in the presale and investors should look to get involved during phase 2 before it’s too late. Experts expect the price to rise over 4000% once the token releases officially. For more information about Chronoly.io Presale: Website: https://chronoly.io/ Presale: https://presale.chronoly.io/register Telegram: https://t.me/Chronolyio Twitter: https://twitter.com/Chronolyio Disclaimer: This is a sponsored pressrelease andis for informational purposes only. It does not reflect the views of Crypto Daily, nor is it intended to be used as legal, tax, investment, or financial advice.
14 days agocryptodaily
Wonderland Founder’s Controversial Return To DeFi
Wonderland (TIME) founder Daniele Sestagalli has announced his return to DeFi with a disconcerting tweet. The Return Of Wonderland Sestagalli has been away from the DeFi market for a few months. In January 2022, the industry witnessed the downfall of the Wonderland DeFi platform due to the scandal associated with the protocol’s treasury head, Michael Patryn. Sestagalli had openly quit working in the DeFi market following this incident. He had even declared that the “Wonderland experiment is coming to an end.” However, on July 26, Sestagalli announced his return along with that of the defunct DeFi protocol. He tweeted, “Wonderland is back with more tech and less talking. I am back too. And I don't care if you like it or not, TIME is now for MAGIC to happen.” Video Teases TIME, MAGIC Comeback Sestagalli’s tweet also included a short video that teased his followers about the comeback of the Wonderland protocol. The video contained a cryptic voiceover that narrates, “Wonder, the land of wonder. You’ve forgotten yourself, bro, and so you’ve forgotten TIME. You have grown immensely. Remember who you are. You are now a ‘frog,’ and perhaps, the true explorer seeking to rebuild the one true realm. A grain of sand isn’t strong; an avalanche of sand is much stronger. But what is moving sand without the one who spends time with it? Such a waste. Consider this - in the line of time, when the forest awakens, the nation of frogs will prevail. You have decided and this isn’t over.” The post did not reveal any further details about the nature of the comeback. However, the mentions of TIME and MAGIC indicate that the Wonderland native token and the Abracadabra-based stablecoin Magic Internet Money (MIM) could feature in the comeback. The Michael Patryn Saga That Took Down Wonderland The Wonderland DeFi protocol was built on the Avalanche blockchain network and was launched as a fork of Olympus DAO in late 2021. Soon after its launch, the protocol hit its peak of $1 billion in assets under its reserves. However, trouble started when the news broke that the protocol’s treasury head, who used to identify by the pseudonym Sifu or 0xSifu, was actually Michael Patryn, the co-founder of collapsed crypto exchange QuadrigaCX. Unfortunately, Patryn was also a convicted felon. Apparently, Sestagalli had found out about Sifu’s true identity and criminal past but opted to remain quiet, all the while allowing him to continue his role as Wonderland’s head of treasury. When the community caught wind of this information, all hell broke loose on the protocol. Patryn was formally ousted from his Wonderland role by a community vote, and the TIME token crashed. Following another deeply divided community vote, Sestagalli decided to shut down operations of the Wonderland DeFi protocol in January 2022. Disclaimer: This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice.
16 days agocryptodaily
Gate.io Introduces Industry Leading Market Maker Rebates, Restructured Discount Tiers
Majuro, Marshall Islands, 25th July, 2022, ChainwireGate.io, one of the leading global cryptocurrency exchanges, recently announced an update to its VIP and Market Maker tiered rebate scheme. Market makers can now enjoy maker rates as low as -0.012% in the MM tiers and a 0% Maker fee in VIP tier levels 10 and higher. With the new changes, Gate.io now flexes the most competitive commission rate on the market. The global exchange is taking aim at industry competitors by enhancing its VIP and MM tier systems and improving fee rates and rebates, offering greater flexibility and incentives for high-volume traders and institutional investors. Enhanced flexibility Gate.io’s VIP tiers offer a range of discounted rates to maker and taker fees on spot and futures trading. Previously, all users who got VIP tier by completing trading volume required various fixed amounts of GT (GateToken) holdings; this requirement has now been removed, and simply users' last 30-day trading volume needs to be evaluated. GT holding holdings are now one of three options for VIP upgrades. VIP users can choose one of three schemes to upgrade VIP levels: 30-day trading volume, total GT holdings, or total asset holdings value. VIP traders only need to meet the requirements of one scheme to upgrade. Furthermore, as previously mentioned, VIP levels 10 and up now have a 0% maker fee on spot and futures trading, and several futures taker fees have also been reduced. For institutional investors, the offerings get better with maker fees below 0%, going as low as -0.012%. The industry’s best rates for institutional investors Launched earlier this month, its Market Maker Program aims to provide the industry’s best rebates to institutional investors of all types. With the new MM tier update, investors can now take advantage of spot market maker fees as low as -0.012% and futures market fees ≤ -0.01%. Also, new market makers will now be paired up with matching VIP and MM levels, inheriting the taker fee rate from their respective VIP levels. Elin, the Head of Gate Institutional, said: “Market makers play a vital role in the markets, providing liquidity and stimulating growth. Our institutional services are tailored to reflect their importance. We remain confident that global market makers will experience the highest level of service and the most competitive offerings on Gate.io. We’re always looking for new ways to enhance our services to attract new investors” Right now, the platform is running a $2,000,000 competition for market makers, and investors that switch from another exchange to Gate.io, and provide proof of volume, are offered an immediate tier upgrade. An unmatched level of service Gate Institutional, the institutional investor services arm of Gate.io, focuses on forging strong relationships, helping clients optimize their strategies, manage risks, and reap the benefits of Gate.io’s competitive offerings. Through Gate Institutional, clients can take advantage of high-frequency and low latency server hosting, access discounts through the VIP and MM tier system, leverage up to 100x, and secure funding and loans. About Gate.io Established in 2013, Gate.io is one of the oldest, leading cryptocurrency exchanges. Gate.io offers most of the leading digital assets and has over 10 million registered users across the world. It is consistently ranked as one of the top 10 cryptocurrency exchanges based on liquidity and trading volume on CoinGecko and has been verified by the Blockchain Transparency Institute (BTI). Additionally, Gate.io has been given a rating of 4.5 by Forbes Advisor, making it one of the Best Crypto Exchanges for 2021. Besides the main exchange, Gate.io also offers other services such as decentralized finance, research and analytics, venture capital investments, wallet services, and more. ContactsHead of PR & CommsDion [email protected]
20 days agocointelegraph
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About 0x

The live price of 0x (ZRX) today is 0.389345 USD, and with the current circulating supply of 0x at 847,496,054.80 ZRX, its market capitalization stands at 329,968,383 USD. In the last 24 hours ZRX price has moved 0.024168 USD or 0.07% while 13,228,637 USD worth of ZRX has been traded on various exchanges. The current valuation of ZRX puts it at #129 in cryptocurrency rankings based on market capitalization.

Learn more about the 0x blockchain network and how it works or follow the price of its native cryptocurrency ZRX and the broader market with our unique COIN360 cryptocurrency heatmap.

0x (ZRX) is a protocol that was designed to provide an open-source infrastructure for developers and businesses to use for providing various services that require cryptocurrency tokens exchange. The 0x coin is a token based on the Ethereum platform technology and supports all the standards utilized on the platform. 0x is a flexible tool that offers scalable and easy-to-use services for developers. Some of the use cases for the 0x token project are gaming applications, decentralized loans’ markets, predictions markets and more. The ZRX market cap is over 145 million dollars at press time. The current 0x price and the overall state of the cryptocurrency market can be monitored online on Coin360.com
0x Price0.389345 USD
Market Rank#129
Market Cap329,968,383 USD
24h Volume21,981,916 USD
Circulating Supply847,496,054.80 ZRX
Max Supply1,000,000,000 ZRX
Yesterday's Market Cap311,880,030 USD
Yesterday's Open / Close0.343834 USD / 0.368002 USD
Yesterday's High / Low0.368002 USD / 0.337855 USD
Yesterday's Change
0.07% ( 0.024168 USD )
Yesterday's Volume13,228,637 USD
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