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Alpha Finance Lab price, market cap on Coin360 heatmap

Alpha Finance Lab(ALPHA)

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$0.160462
(1.29%)
0.00000655 BTC
Market Cap (Rank#312)
$71,618,934
2,924 BTC
Vol 24h
$4,118,594
168.159 BTC
Circulating Supply
446,330,126
Max Supply
1,000,000,000
20h agocryptodaily
Vitalik Buterin Defends Tornado Cash Use Cases Amid U.S. Sanctions
Days after the U.S. government announced sanctions against crypto mixing platform Tornado Cash, Ethereum co-founder and alpha developer Vitalik Buterin opined on the matter, defending the platform's use case for legitimate contexts. According to Buterin, Tornado Cash is an example of a platform that can be used for legitimate use cases, such as donating to causes that are politically contentious. Buterin, for one, admitted that he has used the platform to donate to Ukraine, which has been needing aid from the international community due to its present geopolitical conflict with Russia. I'll out myself as someone who has used TC to donate to this exact cause. — vitalik.eth (@VitalikButerin) August 9, 2022 Donations in solidarity with Ukraine's predicament have poured in from around the world, and the concern with regards to the privacy measures in place for doing so have abound since then. Crypto mixing platform Tornado Cash has been identified as one of the key services used for this purpose. In recent weeks, the U.S. Department of Justice (DoJ) has been scrutinizing crypto mixer services such as Tornado Cash for possible links to criminal activity, leading to the U.S. Treasury instituting a ban for alleged laundering of "proceeds of cybercrimes," among other reasons. The U.S. Treasury's Office of Foreign Assets Control (OFAC) has placed Tornado Cash on its sanctions list, meaning that any crypto addresses associated with the platform are now blocked from receiving crypto from U.S.-based wallet services or exchanges. The OFAC has also warned that Americans who transact with sanctioned entities could face civil or criminal penalties. Despite this, Buterin argued that crypto mixers like Tornado Cash can still be used for legitimate purpose. This move by the U.S. government is seen by the crypto community as yet another attack on crypto privacy and consumer privacy rights in general, with some even going so far as to call it a declaration of war against crypto users who value their privacy rights. "Wanting to donate to Ukraine is a great example of a valid need for financial privacy. On this note, curious if there are documented examples of TC having been used for this," shares Jeff Coleman, co-founder of Counterfactual. As a smart contract mixer built on Ethereum, Tornado Cash was built with privacy and security as its first principles, with its code fully open sourced and community-controlled. No single entity can manipulate the platform and decide on its evolution. The Tornado Cash platform relies solely on a decentralized decision process to forward upgrades to its protocol, ensuring that the protocol lives on without interference from bad actors. According to the U.S. Treasury alleges that the platform “has been used to launder more than $7 billion worth of virtual currency since its creation in 2019,” including some $455 million stolen by the infamous Lazarus Group, a group of threat actors involved in recent DeFi heists. Sources from the U.S. state intelligence service also point to the DPRK (Democratic People's Republic of Korea) as the state sponsoring this said group. Tornado Cash has disclosed that its operations have also been affected since the ban, despite the sanctions only going for the U.S. jurisdiction. According to its co-founder, Roman Semenov, his GitHub account has been suspended, with resources for the platform also being suspended. This includes the platform's smart contract addresses linked to Circle (for stablecoins) and for the Infura RPC (for its Web3 gateways). These sanctions have sent shockwaves across the industry, prompting discussion among policy and lobbying groups. Jerry Brito, executive director at Coin Center, says that the sanctions were implemented on a tool that was designed to be neutral in character. Coin Center is a non-profit that works for the benefit of pushing policy issues in the crypto sector. Blockchain Association's Head of Policy, Jake Chervinsky, opined that despite their association's support for the U.S. Treasury's rationale for the sanctions, they reserve some concern over the fact that the ban "crosses a line that the US government has always respected [and] should continue to uphold as a matter of good policy." According to Chervinsky, the decision "to sanction a decentralized protocol, threatens that smart [and] balanced approach to crypto," referring to the Treasury's previous decisions which have largely been supportive of the crypto sector. 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.
1 day agocryptodaily
Nvidia pre-announces awful earnings as Ethereum miners move away from GPU mining
As ethereum moves away from GPU mining intensive proof-of-work consensus and transfers over to minimal GPU use in proof-of-stake, miners are looking to sell off their GPUs into the market, destroying demand for Nvidia GPUs. Nvidia has just pre-announced its earnings for Q2, and they are looking extremely bad indeed. Quarterly revenue is predicted to be $6.7 billion instead of the $8.1 billion guide. Non-GAAP midpoint margins are 46.1% instead of the 67.1% guide. Gaming revenues are $2.03 billion - down 44% QoQ. According to an article on Seeking Alpha, Nvidia is now likely to report significantly lower earnings than expected for both Q3 and Q4 this year. Cryptocurrency-related sales have driven Nvidia’s earnings over time, and the fact that ethereum, hitherto the most valuable crypto for GPU-powered mining, is moving to proof-of-stake, is a punch in the solar plexus for the company. The ETH 2.0 merge is due to take place as early as September this year when the proof-of-stake code receives its final testing on mainnet. All being well, the mainnet will merge with the Beacon Chain and the transition to proof-of-stake will be complete. Boom time for ethereum mining GPUs will be over, and Nvidia, and all its partners will need to try and sell inventory at the same time that miners are also dumping their no longer needed machines into the market, meaning that demand for Nvidia GPUs will drop off a cliff. According to the article on Seeking Alpha, “the pain for investors has barely started.” It surmises that the continuing high valuation for Nvidia stock is because of the Russia/China demand factors. However, it states that the disappearance in the market of Ethereum GPUs will more than cancel out any potential demand here. “a lofty valuation may be unsustainable, especially with the Federal Reserve tightening aggressively. Investors should avoid the stock and wait for it to come down to a reasonable valuation before buying. Nvidia is a great company, but the deteriorating fundamentals do not justify the valuation.” 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.
3 days agocryptosrus
Banking Titan Citi Says Ethereum Merge Could Boost Crypto Exchange Coinbase Stock Price: Report
Covered: Citi On ETH Merge Citi On ETH Merge Banking giant Citi reportedly says that Ethereum’s (ETH) upcoming transition to proof-of-stake expected next month could be bullish for the stock of Coinbase, the largest crypto exchange in the US. According to a note to clients seen by Seeking Alpha, Citi analyst Peter Christiansen has his […] The post Banking Titan Citi Says Ethereum Merge Could Boost Crypto Exchange Coinbase Stock Price: Report appeared first on CryptosRus.
6 days agocointelegraph
How to create and launch a cryptocurrency token with TokenMint?
To create a token using TokenMint, no programming knowledge is necessary. The TokenMint platform's alpha version provides the fundamentals for creating a fungible token.
13 days agocryptodaily
Geopoly Launches Alpha Version Of Blockchain-Based Game
Geopoly has announced the launch of a blockchain-based alpha version of the game, which will be playable via desktops. This is a game in which players can interact with the blockchain along with their respective Geopoly non-fungible tokens while simultaneously enjoying the gameplay and earning an income at the same time. Moreover, NFT holders who are actively playing the desktop game are also entitled to receive $GEO tokens on a weekly basis as compensation for their time and efforts. In addition, Geopoly also has a mobile and freemium version which enable users to play the game for free. Afterwards, if the players wish to do so, they can even ‘win and earn’ by shifting to the blockchain version with the same credentials which will allow them to pick up right where they left off in the desktop version. In terms of what it is, Geopoly may hence best be understoodas an economic simulator which enables people to rent, purchase, improve, and actually sell estate as well as business assets based on their geolocation. Geopoly has been constructed through a system which relies on both off-chain and on-chain layers which are then utilized to provide users with a real-world-oriented dynamic, immersive and memorable gaming experience. What else is there to know about Geopoly? Beginning in July, the ‘Geopoly Auctions’ market shall open, allowing players to sell their NFTs at a price they choose while others can bid on them for a minimum of 24 hours. The NFT will then be awarded to the highest bidder. This is a brand new and exciting way for NFT holders to sell their non-fungible tokens and profit, in addition to also being able to buy an NFT from another player or through Geopoly itself. This month's auctions include landmarks such as the Hollywood Sign, Ponte Vecchio, Flame Towers, London Eye,, Seul Tower and Maracana Stadium. Moreover, a number of popular NFTs have already been sold including the likes of Louvre Museum and even world-renowned stadiums such as Santiago Bernabeu, Camp Nou, Old Trafford, and Wembley. Furthermore, Geopoly has recently partnered up with NextNav, which will provide the technologythat Geopoly shall implement into its framework in the future. This shall include NextNav's 3D geolocation functionalities, allowing for more dynamic virtual experiences linked to users' real-world environments and leveraging location verification in order to confirm transactions as well as interactions within the metaverse. Essentially, building the metaverse requires 3D geolocation technology. With that in mind, NextNav's technology would not only power in-game experiences, but it shall additionally be a critical authenticator of location-oriented activities such as exclusive exhibitions, NFT scavenger hunts, and transactions pertaining to digital land and real estate. Last but not least, Sebastian Borget, one of the main advisors, will also be working with Geopoly which is additionally a proud member of the Blockchain Game Alliance (BGA). Sebastian is also the COO of The Sandbox (SAND), one of the most popular P2E metaverse-based games today. Past accomplishments and future goals Geopolywas released on mobile in 2018 and was included in the list of the four most innovative mobile games on iOS by the Apple Latam team during the soft launch period. Additionally, it was chosen from 1,700 applicants from 37 nations to take part in the 2019 Global GOOGLE Indie Games Accelerator. Geopoly has also collaborated with Seedify, Enjinstarter, Poolz, and NFTPad by Trustpad to launch the public sale of $GEOtokens, which can also be earned through Geopoly NFTs. It is additionally supported by leading blockchain platforms such as GD10, AU21, X21, Polygon, and various other notable entities. Lastly, within 48 hours of its launch, the private sale had reached its hard cap of $3 million. This achievement demonstrates that investors regard Geopoly as a platform with great promise to become one of the biggest gaming hubs within the blockchain space going forward. In terms of future goals, Geopoly will continue to develop and improve their product while also expanding their player base. In order to make the game more fun and exciting, the team is also working on introducing a PvP mode, where players would be able to attack each other's 'Branches', steal non-tokenized resources, and defend their own territories in this upcoming new game mode. About Geopoly Conventional finance-based simulation games have various flaws because only publishers tend to reap the rewards. In such situations, gamers usually only act as end-users who buy in-game items with no opportunity to earn rewards outside of the game. The industry has since been transformed by the innovative usage of blockchain technology, which allows all kinds of assets within the game to be successfully traded for different tokens which may be subsequently turned into fiat currencies. Geopoly, with its groundbreaking gaming ecosystem, is among the platforms at the forefront of this new digital revolution. Geopoly has selected Polygon as the foundation for its on-chain game. Polygon is a Layer-2 blockchain protocol which provides scalability as well as low transaction costs via the Ethereum blockchain. Now, thanks to the launch of the aforementioned alpha version, Geopoly is ready to take the next step as per its official roadmap. For more information and regular updates, visit Geopoly’s official websiteand the Twitter, Telegram, Mediumand Discordchannels. 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
15 days agocoindesk
Bitmain Partner Antalpha Unveils Lending Products for Miners
A relatively unknown company and Bitmain strategic partner unveiled some novel financial products for miners in Miami.
15 days agocointelegraph
Uncertainty around French laws prompted F1 racers to remove crypto branding: Report
Spectators could not see Crypto.com’s logos during Formula One's French Grand Prix, while staff from Alfa Romeo, AlphaTauri and Alpine reportedly removed crypto-related branding.
15 days agocryptopotato
ETH Loses 16% in Three Days, Retest or a More Pain to Come? (Ethereum Price Analysis)
As mentioned in the previous analysis, traders realized profit when the price reached the resistance at $1,700. This caused ETH to witness a 16% downward correction. All eyes are on the FOMC meeting that’s scheduled to take place tomorrow. This week, the earning report of technology giants such as Meta, Alphabet, Amazon, and Microsoft can […]
15 days agocryptodaily
Crypto Daily - Daily Crypto And Financial News 26/07/2022, Tether And Bitfinex Launch New Project.
In Todays Headline TV CryptoDaily News: Tether and Bitfinex enter new project Peer-to-peer application building platform Holepunch announced the alpha launch of its encrypted video calling application called Keet, backed by stablecoin issuer Tether, crypto platform Bitfinex, and distributed systems developer Hypercore. Crypto.com approved as crypto broker by Cyprus SEC. Cryptocurrency exchange Crypto.com has been approved to operate in Cyprus as crypto broker days after the exchange won regulatory approval in Italy. The CySEC approved the exchange to offer "a suite of products and services to customers" while complying with local rules, the firm said in a statement. Ethereum price retracing, ripple hovering. Ethereum price is retracing after retesting the $1,700 hurdle and is likely to continue doing that until BTC establishes a directional bias. Ripple price is hovering above the $0.340 level, a significant barrier that could make or break the altcoin. BTC/USD dove 4.0% in the last session. The Bitcoin-Dollar pair dove 4.0% in the last session. The CCI's negative signal is in line with the overall technical analysis. Support is at 21875.0657 and resistance at 23353.0657. The CCI is giving a negative signal. ETH/USD dove 8.0% in the last session. The Ethereum-Dollar pair dove 8.0% in the last session. The Stochastic-RSI is giving a negative signal. Support is at 1489.9933 and resistance at 1713.8733. The Stochastic-RSI is currently in the negative zone. XRP/USD plummeted 5.1% in the last session. The Ripple-Dollar pair dove 5.1% in the last session. The Stochastic indicator is giving a negative signal. Support is at 0.3498 and resistance at 0.3712. The Stochastic indicator is currently in the negative zone. LTC/USD plummeted 5.2% in the last session. The Litecoin-Dollar pair dove 5.2% in the last session. The Ultimate Oscillator is giving a negative signal. Support is at 54.7367 and resistance at 61.5567. The Ultimate Oscillator is currently in negative territory. Daily Economic Calendar: US S&P/Case-Shiller Home Price Indices The S&P/Case-Shiller Home Price Indices examines changes in the value of the residential real estate market in 20 regions across the US. The US S&P/Case-Shiller Home Price Indices will be released at 13:00 GMT, the US Consumer Confidence at 14:00 GMT, and the US New Home Sales at 14:00 GMT. US Consumer Confidence Consumer Confidence is a leading index that measures the level of consumer confidence in economic activity. US New Home Sales The number of New Home Sales is an important measure of housing market conditions. A high reading indicates a stronger economic outlook and consumer sentiment. US Redbook Index The Johnson Redbook Index measures the year-over-year same-store sales growth from a sample of large general merchandise retailers. The US Redbook Index will be released at 12:55 GMT, Finland's Unemployment Rate at 05:00 GMT, and Korea's Consumer Sentiment Index at 21:00 GMT. FI Unemployment Rate The Unemployment Rate measures the percentage of unemployed people in the country. A high percentage indicates weakness in the labor market. KR Consumer Sentiment Index The Consumer Sentiment Index is a leading survey that measures the level of consumer confidence in economic activity. A high level of consumer sentiment is bullish for the overall economy. 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.
20 days agocryptodaily
Prove Anything Announces Strategic Partnership With Ruby Protocol To Bring Forward Private Data Management Framework For Web 3.0
London, London, 22nd July, 2022, ChainwireProve Anything aims to strengthen and reshape the existing consumer market by creating simplified tools for businesses and consumers to enter the web3.0 space with Ruby Protocol Functional Encryption. Prove Anything is the open protocol for prove and authenticity. Connecting people and brands through the products they own using Web3 technologies. The project's toolset creates prove, certification and provenance all with consumer privacy, security and data ownership at its core. Prove Anything today announces its strategic partnership with Ruby protocol, the cross-chain, privacy-first infrastructure to complement the group’s strengths and technical advantages. The partnership aims to solve existing problems within the blockchain infrastructure by creating and combining robust data management framework with enhanced user privacy features, creating a new frontier for permission based marketing, advertising and product interactions. Commenting on the recent partnership with Ruby Protocol, Glenn Shoosmith, CEO of Prove Anything said, “The strategic partnership aligns our unique strengths by combining our areas of expertise in the fields of developing a robust data management framework and consumer privacy protection. Partnering with Ruby will allow us to use their Functional Encryption layer to keep our users data private in a dynamic way, that will become a new benchmark for permission based data sharing” Prove Anything aims to strengthen and reshape the existing consumer market by creating simplified tools for businesses and consumers to enter the web3.0 space. The regulation within the digital landscape surrounding data privacy has grown complex, and it has become more challenging for businesses to manage, protect and disclose sensitive data. By redefining the way consumers control their data privacy, we can also remove a lot of that data protection responsibility away from businesses, while giving them additional channels for revenue and research. “We are super excited to partner with Prove Anything in order to provide the missing piece with the help of Functional Encryption. The ability to satisfy certain requirements/conditions will strengthen and make Prove Anything’s solution fully ready for scaling to massive audiences. Prove Anything provides a solid framework for verifiable credentials, on top of which functional encryption can play a central role in access control based on verifiable identity.” said Mindaugas Savickas, General Manager of Ruby Protocol. Prove Anything has developed a toolset that includes dynamic Certificates of Authenticity that act as digital bridges within the supply chain functions. Manufacturers, distributors, retailers, and consumers will now be able to collect, store and access relevant verifiable information such as product information, recall status, research, and marketing data in real-time. Prove Anything has started its closed alpha test with partners to validate the system infrastructure. The team will be revealing its project milestone and timeline to the public in early August. For more information, please visit https://www.proveanything.com/ Follow us on : Twitter | LinkedIn About Prove Anything Prove Anything is the open protocol for prove and authenticity. Connecting people and brands through the products they own using Web3 technologies. Our toolset creates prove, certification and provenance all with consumer privacy, security and data ownership at its core. Prove Anything is currently in closed alpha stage.ContactsAJThe pragmatic [email protected]
20 days agocryptodaily
APENFT Marketplace Announces its Launchpad with First IGO Project Bunny Planet
Singapore, Singapore, 21st July, 2022, ChainwireAPENFT Marketplace has announced the official release of its Launchpad with the first Initial Game Offering (IGO) for Bunny Planet, winner of the APENFT and TRON GameFi Hackathon. The APENFT Marketplace's Launchpad is designed to take the platform to the next level, spurring adoption and growth. Bunny Planet, the APENFT GameFi Hackathon winner, will be the first project to conduct an IGO once the Launchpad goes live. This month, the game will begin its first open beta stage after the genesis Bunny NFT sale exclusively on the APENFT Marketplace. The launchpad is widely recognized as an indicator of a platform's capabilities, it also demonstrates the liveliness of the cryptocurrency market. A launchpad represents a chance for high-quality project incubation and rewards for early investors and content creators. Investors enjoy a more engaging and entertaining experience, thanks to mystery boxes defined below. The introduction of the Launchpad platform enhances the APENFT Marketplace's fundraising capabilities, allowing it to create a more diversified NFT trading marketplace including a decentralized platform for investors, project owners, creators, and collectors. Since the Mainnet debut on April 15, APENFT Marketplace has committed to providing a better NFT trading experience. The Developer Sprint and the TRON101 Project offer $2 million and $90 million in prizes respectively to encourage more developers to the APENFT Marketplace. After the Mainnet launch, the platform maintains its zero-handling fee policy and will offer NFT airdrops in the TRON ecosystem as a way of giving back to users for their confidence in and support for APENFT. Launched on the TRON network, Bunny Planet is a blockchain-based game inspired by CryptoKitties and Axie Infinity. The collectible characters are called T.Bunnies and can be utilized in Player vs. Environment (PVE) / Player vs. Player (PVP) fights. Players can breed and collect T.Bunnies in the Bunny Planet, team up in PVP/PVE battles, and use their lineup strategies to compete with other players. To utilize these strategies and compete, each player needs at least three, but no more than 12 T.Bunnies. The game also includes a Destiny mechanism where players may sacrifice bunnies in order to acquire unique resources in order to improve their teams. Players can also receive resources by winning fights or seasonal tournaments. This is all through the Play-to-Earn (P2E) model. These resources may be used to cultivate and improve your T.Bunny team, as well as create your own territory on the Bunny Planet. Bunny Planet is currently in the first stage of its development, which entails alpha testing. After its IGO, it will begin beta testing. During the beta test phase, it will run an open tournament with large prizes. Mystery Box The rarity of the T.Bunny is determined by its high-test gene rarity. There are four different rarities for a gene: C, R, SR, and SSR. For example, if a T.Bunny has 11 C genes and 1 SSR gene, then its rarity is SSR, while a T.Bunny with 11 SR genes and 1 R gene is an SR rarity T.Bunny. All T.Bunnies in the mystery boxes are SSR level during the genesis sale, with a minimum of one to a maximum of six SSR genes. The more rare genes a T.Bunny has, the stronger that T.Bunny will be. Project Highlights One of the most innovative highlights of Bunny Planet is its breeding system. There are a total of four T.Bunny classes: warriors, knights, mages, and priests.Their classes are determined by their roles in combat. Each T.Bunny has a total of 12 partial characteristic components, and the partial characteristic of each T.Bunny consists of one dominant gene and three recessive genes. T.Bunny's classes with 12 genes of its components will be determined by its parents through a smart contract on TRON. Among the 12 genes of the T.Bunny components, four genes have special skills while the rest eight genes have passive attributes. Thus, there are a total of 60 different skills and 120 passive attributes; with unlimited strategies players can try to form their T.Bunny squad and win rewards against others. Players can win P2P-based resource rewards by winning battles and season tournaments. These resources can be used to breed, train and evolve your T.Bunny squad and build up your own squad to conquer the Bunny Planet. To learn more about the APENFT Marketplace's Launchpad feature and projects, please visit APENFT Marketplace’s website. About APENFT Marketplace Officially registered in Singapore on March 29, 2021, APENFT is backed by the underlying technology of the TRON blockchain, with additional support from the world's largest distributed storage system BitTorrent File System (BTFS). At the core of our mission, APENFT aims to facilitate the creator economy while catalyzing both financial and cultural inclusion in the metaverse. Our vision is to integrate both the virtual and the real worlds seamlessly. APENFT Foundation is the world's first NFT art foundation that realizes crossover purchases. We aim to bridge conversations between stakeholders in the traditional art world and the digital art community emerging around NFTs, promote inclusiveness and diversity, broaden our multimedia audience, and increase all members’ engagement. In the future, our collection will be made available to the entire community through a series of curated online exhibitions in the metaverse. APENFT Marketplace | Twitter | Telegram | Discord ContactsMiles [email protected]
21 day agocryptodaily
Asia-focused multi-currency stablecoin protocol, Bluejay Finance, raises $2.9M in funding
Singapore, Singapore, 20th July, 2022, ChainwireBluejay Finance, a capital-eff icient decentralized stablecoin protocol for issuing stablecoins pegged to real-world currencies, has raised $2.9M in funding from Zee Prime Capital, C2 Ventures, Stake Capital Group, RNR Capital, Daedalus Angels, Moonlanding Ventures, Oval Ventures, and more, with operator-angels including DeFi projects like Ribbon Finance, Flux, Voltz, and Alpha Venture Dao. Founded in 2021, Bluejay Finance aims to build an avenue for investors to have more stablecoin solutions centered around currencies other than USD in the DeFi space. It plans to use its funds for team development and stablecoin deployment, focusing on Asian stablecoins, such as the Singapore Dollar and the Philippine Peso, and will distribute them through partners like DeFi protocols, decentralized exchanges, centralized exchanges, and fintech companies. In doing so, this will allow investors to have a more inclusive, locally-familiar medium of exchange that limits foreign exchange risk and exchange fees. Highlighting financial inclusion in Asia With 60 percent of Southeast Asians being underbanked or unbanked, and 70 percent of Southeast Asian workforce lacking in bank accounts, there’s a clear need to prioritize financial inclusion. Often, there’s been a lack of formal credit history hindering access to capital for MSMEs, and a general lack of urgency and awareness around possessing a personal savings account. Fortunately, there have been recent opportunities for Asia, thanks to the region’s strong mobile penetration driving a variety of financial services and payment gateways for both individuals and businesses. Improving financial inclusion with Asia-focused stablecoins Stablecoins can play a meaningful role in the future of financial services in Asia. However, most stablecoin solutions are centered around USD and are not suitable for real world usage where transactions are denominated in local currencies; this means that users do not have a choice of having exposure to currencies other than USD in the DeFi space, which exposes users to extra costs, forcing them to use unfamiliar currency. By having stablecoins of different currencies around the world on the blockchain, Bluejay Finance lowers the barrier for businesses and individuals in these countries to transact and minimizes currency exchange risk, making payments and access to capital easier and more efficient. “DeFi summer was the first wave of innovation, driven by yield farming. Despite the current state of the markets right now, we are incredibly bullish that the next cycle will be driven by sustainable, real use cases that solve a true need. Therefore, Bluejay remains focused on building products and partnerships that will enable these sustainable use cases of stablecoins and bring in the next billion users into DeFi,” says Sherry Jiang, founder of Bluejay Finance. Julien Bouteloup, founder of Stake Capital Group, comments, “Over the course of the past few years, stablecoins have proven to be a fundamental primitive within DeFi. However, most stablecoins have revolved around the US dollar. For crypto to branch into use cases like real world payments and money markets, it needs to have stablecoins that people in local economies can seamlessly transact with, such as the Euro and Singapore Dollar. Bluejay is positioned to address this need, which will only continue to grow as DeFi matures.” Recently, Bluejay Finance announced its partnership with Silta Finance, a protocol focused on sustainable real world assets, and plans to announce more partnerships in the coming weeks on both its Twitter and Discord communities. About Bluejay Finance Bluejay Finance is building an Asia-focused capital-efficient protocol for multi-currency stablecoins. The aim is to mirror the foreign exchange market in the fiat world onto the blockchain, in order to accelerate financial inclusion and access to DeFi for all users and businesses. Pre-seed investors include Entrepreneur First and Global Founders Capital.ContactsGeoff [email protected]
29 days agocryptodaily
Animoca Brands Raises $75 Million in Capital, Pushing Valuation Up to $5.5 Billion
Hong Kong-based blockchain gaming developer Animoca Brands has raised $75 million in a fundraising drive, driving the company’s valuation up to $5.5 billion even as the market continues to reel amid the collapse in cryptocurrency prices. Animoca Brands, an Australian company, said in an announcement on Tuesday, that the raise was the second part of a $360 million round undertaken in January 2022. The latest raise, supported by investors including Liberty City Ventures, Kingsway Capital, Alpha Wave Ventures, 10T, SG Spring Limited Partnership Fund, Generation Highway Ltd, Cosmic Summit Investments Limited, and others, was delayed given concerns around the collapse of TerraUSD and its effect on the overall cryptocurrency markets, said Yat Siu, Animoca’s co-founder. The company indicated that it would use the new capital to: Continue to fund strategic acquisitions, investments, and product development, secure licenses for popular intellectual properties, and advance the open metaverse, including through its efforts to promote digital property rights for online users. Famous for its Web 3.0 projects, Animoca has reportedly invested in over 340 companies in an effort to build its vision of a metaverse based around blockchain technology, in which virtual assets in the form of non-fungible tokens (NFTs) can be bought and sold using cryptocurrencies. The company is famous for operating The Sandbox, a metaverse platform in which people can buy virtual pieces of land in the form of NFTs. Animoca has also undertaken a partnership with Yuga Labs, the creator of the massively popular NFT project Bored Ape Yacht Club, and the two are working together on the upcoming game Otherside. Co-founder and executive chairman of Animoca Brands Yat Siu commented: Digital property rights represent a society-defining generational shift that impacts everyone online and will set the stage for the emergence of the open metaverse. We are deeply honoured to continue to enjoy strong support from investors as we work to solidify the leadership position of Animoca Brands in the Web3 industry and in the field of true digital ownership. In their announcement, Animoca said that through the use of technologies such as blockchain and NFTs, the company is actively working to deliver digital ownership of users’ virtual assets and data, thereby enabling various DeFi and GameFi opportunities, asset interoperability, and an open framework so that it can lead to greater fairness for all those participating in the open metaverse. Manuel Stotz, founder, and CEO of Kingsway Capital has this to say about the capital raise and about Animoca Brands: The genie of digital property rights has been let out of the bottle, and the Internet users engaging with this revolutionary technology will not be returning to the digital servitude that is common in Web 2.0. The long-term growth trajectory of NFTs and similar ownership technology is extraordinarily steep, especially in emerging markets. We are thrilled to grow our continuing partnership with Animoca Brands, who earned its stripes by emerging from the previous crypto winter of 2018-2019 with a much larger and stronger business. 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.
36 days agocoindesk
The Era of Easy DeFi Yields Is Over
Alpha in DeFi is about to get a lot scarcer (although still super attractive). Luckily, risk management will eventually get much simpler.
43 days agocryptodaily
A16z leads $7.5M Seed Round for Web3 Authentication Startup Dynamic
Dynamic, a Web3 startup working on wallet-based authentication and authorization tools for developers, has recently closed $7.5 million in seed investment in a funding round led by Andreesen Horowitz (a16z). The seed round also saw the participation of Castle Island Ventures, Solana Ventures, Circle Ventures, Breyer Capital, Hypersphere, and Chapter One. The startup's work on wallet-based authentication and a suite of authorization tools can be seen as a moved towards becoming a pioneer in the Web3 space. Specifically, the firm has been variably called as the "Auth0 for web3,"according to Yoni Goldberg, co-founder of Dynamic. The comparison is made with Auth0, a leading brand in the web2 authentication space which was recently acquired by Okta, an identity software development firm. The acquisition deal was worth $6.5 billion. What this means is that Dynamic's authentication and authorization tools will enable developers to manage crypto wallets in a more secure way and also help them comply with new regulatory frameworks. The firm is currently being lauded for its work in the crypto space, and with this latest investment round, it is looking to expand its reach and impact. With this injection of fresh capital, Dynamic plans to accelerate the development of its product suite and increase its go-to-market efforts. The startup will also use the funds to build out its team, which currently stands at 8 people. As with Dynamic, Auth0 also provides authentication and authorization tools, but is specifically targeted towards developers building on web2. This difference is largely based on the infrastructure. Dynamic focuses on web3 authentication, doing away with email addresses and passwords, and instead seeking an implementation based on crypto wallets and their private keys which users hold. Dynamic started its work sometime in December 2021, co-founded by Goldberg and Itai Turbahn. The two have been working with each other for over 15 years across several organizations such as the Israel Defense Forces and Juul Labs. While Goldberg and Turbahn are newcomers in the crypto space as co-founders, they have been exposed to crypto since at least 2012. "We really fundamentally believe that everyone will have a wallet on their phone or computer in the next five years," said Turbahn. "The speed at which wallets will be integrated into someone's daily lives will increase exponentially. So we're prepping for that world." Dynamic's services are aimed at a number of different startups and companies, including those that are working within the web2 space. The firm currently has Llama, Popartcats, Handstamp, and Lunchclub as alpha clients, with the platform now released in a closed beta stage. General availability for the services are slated for Q4 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.
54 days agocryptodaily
Brand Connector from Smart Token Labs: connecting brands and NFTs
Sydney, Australia, 17th June, 2022, ChainwireSmart Token Labs, a Web3 open source software development company, today announced the launch of its newest product, Brand Connector. The first-of-its-kind solution enables any website to recognize and interact with any NFT collection, derivative, or coin. With Brand Connector, Web2 brands can customize content, rewards, and offers by integrating NFTs into their website or loyalty programs. “Brand Connector helps innovative brands that want to explore NFT integrations or activations,” said Victor Zhang, Co-founder, and CEO of Smart Token Labs. “Brand Connector is an activation bridge for Web3 brands and NFT collections, enabling websites to respond to visitors based on the tokens stored in their digital wallets. Brand Connector can be integrated into any website, connect to any loyalty or rewards program, and can interact with any token, collection or derivative.” Powered by TokenScript, Brand Connector is an open and accessible Web3 solution for Web2 brands to partner and innovate around NFT collections. The novel product allows brands to bring Web3 capabilities into Web2 through high-value, accessible experiences for token holders. Deployed as a Node Package Network (NPN) package, Brand Connector is able to connect to any website without the need for a custom build or dApp from the brand or collection. “Working alongside La Prairie and Smart Token Labs for my NFT campaign, Space Beyond, I experienced firsthand the impact of a product like Brand Connector,” said world-renowned artist, Carla Chan. “The Space Beyond launch was built with Brand Connector on the Ethereum blockchain. Smart Token Labs was a tremendous asset in the NFT launch, supporting us with world-class knowledge to deliver our artwork to consumers from all over the world.” To learn more about Smart Token Labs and explore Brand Connector, visit https://brandconnector.tokenscript.org. Follow Smart Token Labs on Twitter or Github, and join the conversation on Telegram and Discord. About Smart Token Labs: Smart Token Labs is creating a new standard for a tokenized future. Since 2017, it has been building two core bridges to this future: AlphaWallet, a superuser agent for smart tokens, and TokenScript, the smart token interface for token composability. TokenScript is a token-centric framework for building composable smart tokens for use cases across NFTs, PlayFi, DeFi, the metaverse, and the entire Web3 spectrum. ContactsChief Marketing OfficerBrent [email protected]
90 days agocryptosrus
Bitcoin Whale Update — Bullish Activity From Top 100 Wallets
Unlike scurred retail, Bitcoin whales are fearlessly still buying a lot of BTC. Total alpha behavior.  Covered: Whale watching: Bitcoin Top 100 Wallet Activity Bitcoin Whales Making A Quick Buck Bitcoin’s Top 100 Wallets JUST IN: The top 100 #Bitcoin wallets have added 77,618 #BTC ($2,420,000,000) in the past 24 hours. — Watcher.Guru (@WatcherGuru) May […] The post Bitcoin Whale Update — Bullish Activity From Top 100 Wallets appeared first on CryptosRus.
93 days agocryptopotato
Fulbo Galaxy Announcing Exciting Demo and Big Crypto Rewards
[PRESS RELEASE – May 4, 2022] Fulbo Galaxy has officially released its highly anticipated alpha. The demo will offer a host of special in-game rewards as part of the team’s efforts to onboard early adopters and learn from the community’s feedback in preparation for the launch of the official game. Fulbo Galaxy is aimed at […]
99 days agonulltx
Floki Opens Valhalla Alpha Battle Arena to the Public
The Floki Team is thrilled to announce a major milestone toward the launch of the most anticipated play-to-earn project in crypto: Valhalla. As of May 2nd, 2022, the Alpha Battle Arena portion of the game is now available to the public. This means now anyone who wants to can enjoy this exciting portion of the […] The post Floki Opens Valhalla Alpha Battle Arena to the Public appeared first on NullTX.
103 days agonulltx
Radio Caca (RACA) Announces French Montana’s Official Metaverse: 2D CASA
Radio Caca (RACA) has announced the official release of their 2D metaverse in partnership with rapper French Montana. This will be the first metaverse in the world to unite the traditional music ecosystem with the blockchain and cryptocurrency industry. The metaverse will be called 2D CASA, and the alpha version will launch by June 30, […] The post Radio Caca (RACA) Announces French Montana’s Official Metaverse: 2D CASA appeared first on NullTX.
103 days agocryptopotato
After 3 Years of Development, Farsite Alpha to Go Live on June 21
[PRESS RELEASE – Please Read Disclaimer] Ever since the inception of bitcoin over a decade ago, the subsequent entire crypto industry has incurred numerous changes, developments, and ultimately, growth and expansion. The way that it is set up right now is significantly different from what it was at the start of the previous decade. The […]
112 days agocryptopotato
Golden Ark to Debut its World’s First Metaverse on 4/20
[PRESS RELEASE – Los Angeles, USA/California, 20th April 2022] Golden Ark is launching the first-ever Alpha Version of Metaverse platform targeting the crypto community. The platform aims to bring to the participants everything they want and need to do. From social networking to social gaming, finding different dispensaries in Ark City, and obtaining wearable 420-related […]
117 days agocryptopotato
TiTi Protocol Join Alpha Venture DAO to Initiate a Brand-new Era for Algorithmic Stablecoin
[PRESS RELEASE – Singapore, April 14, 2022] TiTi announced another solid step towards building the future of web3, joining Alpha Venture DAO and becoming the first algorithmic stablecoin project in Alpha ecosystem. By establishing a strategic relationship with Alpha Venture DAO and Alpha Ecosystem partners, TiTi can better contribute to the development and improvement of […]
120 days agocryptopotato
TiTi Protocol Secures $3.5M to Build a Use-to-Earn Algorithm Stablecoin
[PRESS RELEASE – Singapore, 11th April 2022] Singapore, April 12, 2022 – TiTi protocol announces a successful fundraising round of $3.5 million, led by The Spartan Group, with participation from SevenX Ventures, Incuba Alpha, DeFi Alliance, Agnostic Fund, Fourth Revolution Capital (4RCapital), Solidity Venture, and other institutions, as well as other individual investors including 0xb1 […]

About Alpha Finance Lab

The live price of Alpha Finance Lab (ALPHA) today is 0.160462 USD, and with the current circulating supply of Alpha Finance Lab at 446,330,126 ALPHA, its market capitalization stands at 71,618,934 USD. In the last 24 hours ALPHA price has moved -0.003132 USD or -0.02% while 3,686,055 USD worth of ALPHA has been traded on various exchanges. The current valuation of ALPHA puts it at #312 in cryptocurrency rankings based on market capitalization.

Learn more about the Alpha Finance Lab blockchain network and how it works or follow the price of its native cryptocurrency ALPHA and the broader market with our unique COIN360 cryptocurrency heatmap.

Alpha Finance Lab Price0.160462 USD
Market Rank#312
Market Cap71,618,934 USD
24h Volume4,118,594 USD
Circulating Supply446,330,126 ALPHA
Max Supply1,000,000,000 ALPHA
Yesterday's Market Cap72,096,264 USD
Yesterday's Open / Close0.164663 USD / 0.161531 USD
Yesterday's High / Low0.165427 USD / 0.158321 USD
Yesterday's Change
-0.02% ( 0.003132 USD )
Yesterday's Volume3,686,054.50 USD
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