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BORA(BORA)

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$0.182162
(-14.01%)
0.00000743 BTC
Market Cap (Rank#189)
$168,955,239
6,893 BTC
Vol 24h
$55,272
2.255139 BTC
Circulating Supply
927,500,000
Max Supply
1,325,000,000
16h agocryptodaily
LongHash Ventures Launches Its $100 Million Web3 Venture Fund II with Successful First Close
Singapore, Singapore, 10th August, 2022, ChainwireLongHash Ventures, Asia’s first Web3 Accelerator and one of Asia’s leading Web3 venture funds, officially announces the launch of its $100 million LongHash Ventures Fund II. LongHash Ventures has received strong support from global investors and industry veterans for its successful first close. It has raised capital from well-known Web3 VCs, single family offices, and Web3 founders such as Hashkey Capital, NGC Ventures, Protocol Labs, Gnosis Safe, MEXC, Synthetix founders Kain and Jordan Warwick, Qiming VC founding partner Duane Kuang, and Astar founder Sota Watanabe, amongst others. The fund will continue to take in capital until the end of the year. Meanwhile, its accelerator arm LongHashX has recently obtained funding at an undisclosed valuation from Superscrypt, a Web3 investment firm founded by Temasek, as well as few large fund LPs including NGC. LongHash Ventures has earmarked its second fund for multi-chain Web3 infrastructure projects that support key verticals such as DeFi, NFT, GameFi, and the Metaverse. It will be investing in projects and teams from pre-seed to Series A. Thus far, LongHash Ventures has backed more than 60 projects, including Polkadot, Astar, Dodo, Coinshift, Acala, Zapper, Gnosis Safe and Balancer. LongHash Ventures Fund II will also be investing in the pipeline of projects graduating from its accelerator arm LongHashX. Since its inception in 2018, the LongHashX Accelerator has emerged as Asia’s leading Web3 accelerator. It is the go-to partner for protocols like Polkadot, Filecoin, Algorand, and others looking to accelerate the growth of their respective ecosystems. Accelerator alumni include well known projects such as Astar, Xanpool, and Lit Protocol. “By running both an accelerator and an early stage fund that provides hands-on support, our unique value lies in leveraging LongHashX to bootstrap the Asia ecosystem for the protocols that we invested in, as well as in identifying founders and projects with massive potential very early on, and using our crypto-native knowledge and resources to help the teams achieve their potential and succeed. The second fund will enable us to support more founders and through subsequent rounds,” said Emma Cui, Founding Partner and CEO of LongHash Ventures. “In addition, being geographically headquartered in Singapore with team members distributed across Asia, including China, Malaysia, and India, we are uniquely positioned to help projects scale faster across the Asian region.” About LongHash Ventures LongHash Ventures is a leading Web3 investment fund and accelerator collaborating closely with founders to build their Web3 model and tap into the vast potential of Asia. We have invested in more than 60 projects including Polkadot, Instadapp, Zapper, Astar, and Balancer. We collaborated with their founders to develop their projects’ tokenomics, governance, and communities. As Asia's first and leading Web 3 accelerator, LongHashX Accelerator has partnered with Polkadot, Algorand, Filecoin and others to build more than 50 global Web3 projects which have raised more than $150m in the past 4 years. We are committed to realizing our mission of catalyzing growth for the next generation of the Web. LongHash Ventures is licensed by the Monetary Authority of Singapore. ContactsSay [email protected]
20h agocryptodaily
Fetch.Ai CEO Humayun Sheikh discusses Web3, Blockchain AI & ML
In this article, we are interviewing Humayun Sheikh, CEO and Co-Founder of Fetch-ai Network about how AI/ML technology can leverage blockchain, Fetch-ai Network's ecosystem, and the role of AI in the Web 3.0 revolution. Hello Humayun! Thank you for participating in this interview. Could you introduce yourself to our readers? I am an entrepreneur, investor and a tech visionary, who is passionate about technologies such as AI, machine learning, autonomous agents, and blockchains. I was a founding investor in DeepMind where I supported commercialisation for early-stage AI & deep neural network technology. DeepMind was ultimately acquired by Google for $650m in 2014. In 2017, I saw the opportunity at the intersection of blockchain, AI, and autonomous agents that. This is my fourth major venture. At Fetch.ai we are building the world's first peer-to-peer connectivity platform that aims to bring autonomous agents and AI capabilities - Open CoLearn, Axim and Dabbaflow products, on our blockchain based ledger - Fetch-ai Network How did you come up with the idea of merging AI/ML with blockchain technology? Blockchain brings the tenets of immutability, resiliency and decentralization. Once code in the form of smart contracts was able to use these tenets, it was logical for us to start building multi-stakeholder agent-based automation and AI/ML capabilities that are the cornerstone of the Fetch technology. We see the opportunity for our technology to leverage blockchain, cryptography and privacy-preserving primitives to solve complex coordination problems in a truly peer-to-peer fashion that will be devoid of centralized rent-seeking that is plaguing Web 2.0. What kind of applications do you foresee using Fetch-ai Network's ecosystem? The crypto asset market is relatively young when compared to assets in the traditional financial system. This is reflected in the relative lack of liquidity for the crypto assets when compared to the traditional assets, which took multiple decades to develop and get to the current levels of liquidity. Therefore, in the near term, it is fair to expect Decentralized Finance (DeFi) based applications to lead the charge as the primary use case for blockchains and crypto. We also expect DeFi to progressively bring new users in the blockchain and crypto fold. Particularly, we see an opportunity for apps offering real-world asset-backed stablecoin loans. Beyond DeFi there are opportunities in other consumer-facing apps such as decentralized delivery networks, Move2Earn apps, decentralized and privacy-preserving file-sharing, and other apps that will unlock truly peer-to-peer gig economies. MEXC and Bybit recently announced a $150M Fetch-ai Network Development Fund. Can you tell our readers about this Fund? The development fund is aimed at growing the Fetch-ai Network ecosystem by sponsoring DApps that will leverage the various tools for building decentralized applications that would increase the utility of the network. The development fund would be particularly interested in DApps that can not only serve a specific domain but can also become a building block for other DApps to have a multiplier effect on increasing the utility of the Fetch-ai Network. Can you shed some light on how you see the role of AI and Fetch-ai Network in Web 3.0? Web 3.0 is aiming to harness the true power of the interconnected web of computers to enable true peer-to-peer digital economies. There will however be a transitional phase where the w2.0 will embrace w3.0 ie W2.5.At Fetch-ai Network, we see our role as the infrastructure provider that leverages technologies such as blockchain, multi-agent frameworks, and AI to accelerate development and deployment of such peer-to-peer applications. We believe that our Fetch-ai blockchain network and automation using our Autonomous Economic Agents (AEAs) which can also be leveraged for off-chain interactions (not using the blockchain) will provide highly actionable datasets that can be leveraged by our AI tools to create more advanced peer-to-peer applications. How is Fetch-ai Network ready for the Web 3.0 revolution? We have our own Fetch-ai blockchain network that is based on the modular Cosmos SDK technology. DApp builders can write more secure Cosmwasm-based smart contracts in the Rust programming language. Our network is a Proof of Stake blockchain that has low transaction fees, instant transaction finality and is more environmentally sustainable than a first-generation Proof of Work blockchain such as Bitcoin. Our network also communicates with the other networks in the Cosmos ecosystem using the Inter Blockchain Communication (IBC) protocol. And soon it will be able to communicate with other popular ecosystems such as Ethereum, Polygon, Solana, Avalanche, and Polkadot. Besides our network, our key differentiators are our Autonomous Economic Agents (AEAs) that can not only help with automation but also enable peer-to-peer off-chain communication. Fetch-ai Network’s products such as Open CoLearn, Axim and Dabbaflow provide privacy-preserving decentralized federated learning capabilities to all DApps on the Fetch-ai Network. Can you share some insight into the unique ecosystem around the FET token? The FET token forms the backbone of the Fetch-ai Network and will be the fuel to power all applications being deployed on Fetch-ai Network. I would like to highlight some key Fetch-ai Network ecosystem projects: Open CoLearn a decentralized federated learning network, Dabbaflow a decentralized privacy-preserving file-sharing application, Fetch.ai app for unlocking peer-to-peer digital economies, Mobix a Move2Earn app, Resonate Social an AI-powered social media app, BotSwap a DeFi automation app, and Mettalex a decentralized commodities derivatives exchange. Beyond this, we are also collaborating with many large enterprises on multi-stakeholder and multi-year projects that will leverage many of our technology components. We also have many new exciting applications that are going to launch in the next few months. What are your top priorities for the quarter, for the year? Our priority this year is to underline all our tooling to the community of builders. We want to make it easy for them to create their DApps, so they can focus on solving their real-world use cases. We also want to focus on building end-user products that will lower the barrier for non-crypto natives to use our technology. In the coming months, we will also start enabling our technologies within our Fetch-ai Network Wallet. We see the wallet in the same vein for Web 3.0 as the browser is for Web 2.0 and as an important tool to attract new entrants in the space. It was great to talk with you and hear your insights! Thank you so much! 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.
21h agocoindesk
South Korean Web 2 Metaverse Platform Zepeto Gets a Web3 Makeover
The new platform, which is being built on the Solana blockchain, is a collaboration between Naver-owned Zepeto and Jump Crypto, the cryptocurrency arm of U.S.-based Jump Trading.
21h agocryptodaily
Klangaverse: This New Cryptocurrency is Music to Our Ears
Klangaverse is using blockchain technology to revolutionise the music industry. On this platform, artists can build an intimate fanbase, sell their music in the form of NFTs, and reap the rewards of community engagement. Through activities, events, weekly hangouts, and collaborative projects, artists can closely engage with their listeners. Music is about the connection between the creator and listener. Klangaverse builds a mutually beneficial community around this connection, for both artists and fans. Fully decentralised and built on the Binance smart chain, Klangaverse empowers the community to come together, enjoy music, and gain profits. Based on Web3 and decentralised finance properties, Klangaverse aims to put together a cooperative music movement, dedicated to supporting and promoting all involved. Klangaverse Payment Process Klangaverse has its own crypto token $KLG for the payment of artists and fans. It is passionate about keeping financial control in the hands of the artists, differentiating from other music platforms. This is a decentralised community, where musicians can decide on how revenues raised from their minted songs are split among the teams that made them. The Klangaverse ecosystem is not interested in controlling the musical finances of its users, instead, it is fair and considerate. $KLG will be distributed on the Binance Smart Chain with a max supply of 10,000,000,000 tokens. Their presale will consist of 3,000,000,000 tokens and there will be a 2 month vesting period to maintain integrity, security, and value stability. Game With Klangaspel! Klangaspel is Klangaverse’s exciting simulation-P2E adventure game where you can make fun revenue and play your favourite instruments! To enter, just purchase your instruments and lessons. You can pick from a wide range of instruments, from guitars to amps, drums, and violins. Make your musical dreams a reality. The Klangaverse Soundmap This is a coin with drive and dedication to its community. After completing its audit, Klangaverse aims to be listed on Coinmarketcap and Coingecko. Focussing on the musical aspect, Klangaverse plans to collaborate with 1000 musicians for initial NFT releases before launching on decentralised exchanges. The platform will then mint free music NFTs to all of the presale investors and launch the NFT marketplace. To maintain and promote the platform, Klangaverse will begin work on podcasts, radio, and streaming services, elevating its reach. This will include metaverse integration so that musicians can play concerts for their fans and NFT holders. These virtual performances connect with the ethos of the platform - the importance of the relationship between musician and listener. The community aspect of Klangaverse enables artists to easily collaborate, merchandise to be released for fans, and weekly events with games and rewards to take place. Community connection is at the heart of this platform. To reward early users there are several bonuses in place: In Stage 1 of the presale, receive an extra 9% of $KLG tokens every time you purchase In Stage 2, receive an extra 6% of $KLG tokens every time you purchase In Stage 3, receive an extra 3% of $KLG tokens every time you purchase This new cryptocurrency undoubtedly has the music community at its heart. 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.
21h agocryptodaily
Introducing SolMad - the hottest new project to launch on Solana
Set to develop on the Solana Chain, SolMad is an NFT collection in the Solana-verse where nomads travel in search of community, land and resources to keep themselves alive against the threat of extinction, global warming and natural disasters. SolMad will take its users on a journey of community-driven collaboration, collective building and togetherness. The Story of the SolMad It all begins in the depths of Gisana…made up of a community of tribes who are smart and handy, the SolMad face harsh weather conditions within the various ecosystems they travel through and live in. Amidst these are valuable resources and artefacts which they are able to mine and trade in various cities and towns on their travels. These communities, who move together in unity, work together to keep each other alive - which isn’t always possible. They risk their lives in harsh conditions to harvest powerful and valuable resources. Nevertheless, the SolMad tribes are a tight-knit community that always support each other. With their curious nature, the SolMad are capable of finding secret and forbidden locations thanks to their advanced navigation skills and tools. They often travel by foot or animals such as camels, horses or alpacas. They tend to travel by regular mode of transportation such as wagons, vardos or mobile homes too. SolMad are not stopped by anything; they even travel by water, often on canoes or living on barges. The SolMad often harvest or acquire valuable artefacts or resources, such as crystals or metal ores, silks, dyes and even figurines or statuettes! Depending on where they are travelling to, SolMad may even come across fruit, fish and spices too. These valuable assets are things that can be auctioned off for prizes in the universe through partnerships offline. Casinos began as a fun way to reconnect within SolMad communities, but soon talks of their fun and addictive games spread among the lands and led other travellers and tourists to leave the comfort of their cities and venture out to visit these casinos. Due to the kind and charitable nature of SolMad, the games are played fairly and for fun, though big, greedy cities oppose this largely. How it Works The SolMad is a deflationary collection of 10,000 NFTs. Like all great nomadic tribes, the SolMad is mobile. The narrative is one which is expansive, rich and will continue to grow into a wider world with unlimited capabilities for participants to not only collect and grow but also engage and have fun as a community! The SolMad are made up of four unique tribes: Panuk, Zuberi, Mira, Briar Besides that, the project will also have a maximum supply of 100,000,000 $BEADS, the currency of the SolMad communities as well as the utility currency within Gisana. The token will be quickly adopted for an endless list of use cases as the project continues to evolve. The SolMad goal is to develop a DAO focused on building and investing in the Solana Mobile ecosystem. DAO stakeholders will get early access to product testing, airdrops, and product betas. Roadmap The project’s roadmap may change over time, but the team take pride in being able to deliver a superior product in a timely and efficient manner. Their plans are as follows: Pre-Mint Community building Smart contract and project audit Build a pipeline of collaborative partnerships Mint Mint launch of the 10,000 NFTs Post Mint Secondary marketplace listing Announcement to the community about the project’s initial build priorities Community engagement (lore discovery) Treasury management begins Introducing staking incentives for future token product development The team also plans to launch future collections as well as potential token airdrops for participants. NFT Utility The SolMad team aims to begin building and investing in the Solana mobile sphere. To kickstart this mission, the SolMads collection will include the following utilities over time: Royalty deflation and LP backing A Solana mobile-focused DAO Raffle prizes IRL and auctions Casino - think gaming with USDC-dominated prizes at stake NFT asset purchasing and yield generation Resources purchases to upgrade Final Thoughts The SolMad team aims to begin building and investing in the Solana mobile sphere. The SolMads’ story is one that will be shared in the weeks to come. In the meantime, sit tight, and more secrets of the SolMads will be revealed as the mint day dawns ever closer. For more information, visit their Twitter here or join the conversation today on Discord here. 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
TRON DAO Reserve Appoints Wintermute as the Latest Member and Whitelisted Institution
Geneva, Switzerland, 10th August, 2022, ChainwireThe TRON DAO Reserve has announced Wintermute as the ninth Member and Whitelisted Institution to mint Decentralized USD (USDD), the over-collateralized decentralized stablecoin on TRON, Ethereum, and BNB Chain. Wintermute is a leading global algorithmic trading firm and an established player in digital asset markets. With an average daily trading volume of over $5 billion, Wintermute facilitates OTC trading and provides liquidity across both centralized and decentralized exchanges. Its mission is to enable, empower and advance a truly decentralized world for more transparent, fair, and efficient markets and products. Being the first over-collateralized decentralized stablecoin, USDD is significantly different from other stablecoins in the crypto industry. It surpasses several massive milestones with over $2.3 billion in backing and a market cap of $725 million as of July 2022. The TRON DAO Reserve (TDR), which governs the stablecoin, acknowledged USDD's elastic price against the USD amidst market turmoil but is committed to defending the stability of the ecosystem. The TDR is dedicating resources to fostering organic growth and maintaining full transparency. During recent volatile market events, USDD has stayed strong as expected and stabilized organically. The simple facts of over-collateralization of transparent reserves and steady restabilization of the token value came as a natural experiment that shows how much USDD is a force to be reckoned with, especially amid various discussions of industry-wide regulation. The appointment authorizes Wintermute to mint and burn USDD as a collaborator with the Reserve. As a Member and Whitelisted Institution, Wintermute will advise the TDR and make recommendations to enhance, develop, and supply general aid for the USDD network. The TRON DAO Reserve website is live, and historical token issuance records are published here live on the TDR website 24/7. About USDD USDD is an over-collateralized decentralized stablecoin launched collaboratively by the TRON DAO Reserve and top-tier mainstream blockchain institutions. The USDD protocol runs on the TRON network, is connected to Ethereum and BNB Chain through the BTTC cross-chain protocol, and will be accessible across more blockchains in the future. USDD is pegged to the US Dollar through TRX under a Linked Exchange Rate System (LERS) and maintains its price stability under the guidance of the TRON DAO Reserve. It enables access to a stable and decentralized digital dollar system that in turn assures financial liberty for everyone. Website | Twitter | Telegram | Discord | Medium ContactsSam [email protected]
1 day agozycrypto
Australian Central Bank Kicks Off Experiment Program To Explore Use Cases For Central Bank Digital Currency
The Australian Central Bank is joining the central bank digital currency (CBDC) bandwagon, kickstarting a “limited-scale” pilot in collaboration with the Digital Finance Cooperative Research Centre (DFCRC).
1 day agocryptodaily
Invisible College and Nas Academy Leverage NFTs As An Admission Pass To Web3 Courses
Non-fungible tokens can provide tremendous utility to those owning these assets. Nas Academy and Invisible College take this concept further into the mainstream. Its new set of courses can be unlocked with an NFT collection, providing access to over $2,000 in educational material. Accessing Courses With An NFT Collection Enrollment in courses and educational content has become normal, even if technical issues may arise from time to time. Sometimes, users and students might not be able to access the content due to login issues, the system not deeming one eligible for access, etc. Those concerns can be circumvented by tokenizing access to courses through non-fungible tokens. More specifically, Nas Academy, the creator tech platform, will conduct an interesting test on that front. With the help of Invisible College, the team will let Decentraliens NFT collection holders access over $2,000 worth of course material. The educational tools will span various topics, including NFT investing, video editing, and crypto fundamentals. It is another solid example of how NFTs can unlock utility and offer quality of life improvements. Nas Academy CEO Nuseir Yassin explains: “Web3 is more than just a compelling topic for courses. We believe NFTs can reinvent the way students consume online education and allow people to own a piece of the internet. That’s why we wanted to partner with a visionary community in the form of Invisible College. We are excited to build together to help educate and bring the next wave of users into web3.” Such a hands-on experience with web3 technology will put non-fungible tokens at the center of attention. Although the idea of using NFTs as a standard for content ownership and accessibility isn't new, it has yet to be implemented on a large scale. Invisible College members with a Decentralien NFT will explore this new frontier spanning nearly two dozen web3 and creator courses accessible through Nas Academy. Web3 And Education Make A Powerful Combo As the hype and enthusiasm surrounding web3 continue to reach peak levels, it is an excellent time to focus on the educational side of the spectrum. An exciting technology stack is always interesting, but ample use cases must exist. The partnership between Invisible College and Nas Academy confirms those use cases will come to market. Invisible College Co-founder Nick deWilde adds: “Lately, there’s been lots of debate about web3 use cases. The way we see it, combining a catalog of high-quality courses with an NFT collection is a fundamentally new way to empower students to own their education. And there’s no way we could have pulled it off without web3 technology. We also needed a forward-thinking partner who was willing to innovate with us. Fortunately, the Nas Academy team are just the type of crazy dreamers who could help us expand our vision and make it a reality." Both parties will deepen their collaboration by onboarding leading web3 instructors to create additional educational content for the platform. Ultimately, Invisible College wants to position itself as the biggest web3 learning library on the world wide web, across both the web2 and web3 iterations. Using NFTs as an "admission pass" for education is a very exciting frontier and the opportunities are virtually limitless. 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
2 days agocryptodaily
Is crypto the answer to the long standing Universal Basic Income (UIB) conundrum?
From the outside looking in, universal basic income (UBI) can be viewed as a socio-political fiscal transfer policy that seeks to provide individuals — living in a certain region — with seamless access to a legally stipulated stipend without any caveats involved. Such a scheme is applicable on multiple levels, i.e. nationally, regionally, or locally with the idea having garnered a lot of interest from governments across the globe. However, despite this growing interest there have been no countries that have actually been successful in implementing a UBI model for a considerable length of time, even though some governments have launched similar-themed programs in order to provide for the neediest sections of their respective societies. For example, back in 2011, the middle-east nation of Iran rolled out an unconditional cash transfer scheme — worth approximately $45 — for its population in an effort to phase-out subsidies on bread, water, electricity, heating, and fuel. The amount was about 29% percent of the nation’s median household income on average. However, the program had to be dialed back as some Iranians came to believe that it was disincentivizing people to work. The largest and longest lasting UBI experiment in the world is currently taking place in Kenya, where a charitable organization called GiveDirectly has been doling out monetary handouts to a little over 20,000 people, spread out across 245 rural villages, since 2016. That said, one of the key criticisms of UBI has been that it often gives too much money to families that don't really need the assistance while providing little help to those people who really do. Crypto, DeFi and UBI — The larger picture There’s no denying the fact that the cryptocurrency industry — the decentralized finance (DeFi) market, in particular — has been able to accrue a lot of wealth for its early adopters, with many of these individuals now looking to give back to the underprivileged. Infact, just recently many seasoned industry personnel such as Ryan Selkis, Dan Matuszewski, Haseeb Quresh, amongst others promised to donate 1% of their wealth to charities through a project called The Giving Block. In this regard, the idea underlying a crypto-generated UBI scheme too has garnered a lot of attention recently. For example, GoodDollar is an initiative that uses yield farming to dole out digital asset-hinged stablecoins for free so as to promote financial inclusion on a global scale. To elaborate, the project creates and issues a stablecoin ($G) which can then be distributed daily to its users in the form of a universal basic income (UBI). To date, the GoodDollar has helped distribute a total of $223,673.27 as free income to its backers. The model is propagated by network participants who continue to deposit assets onto the platform and subsequently yield farm them using decentralized finance (DeFi) protocols including Compound or Aave. A majority of the accrued interest is returned to its supporters while the rest is used as collateral for new $G tokens which are then distributed on a daily basis. It is worth mentioning that late last year popular digital asset investment platform eToro announced that it was going to be committing $1 million to the protocol, thereby supporting the nonprofit’s effort to help close the wealth parity that exists across the globe using DeFi and smart contract technology. Other similar initiatives include Global Income Coin, a crypto non-profit that delivers a universal basic income of $1 a day to any person in need situated in any part of the planet. The initiative was recently able to raise $2M worth of funding from Sid Sijbrandij, the co-founder and CEO of GitLab Inc. Lastly, since the start of the year, ex-Twitter CEO Jack Dorsey has been talking about the possibility of a Bitcoin powered UBI platform that can help combat global poverty. UBI on the horizon thanks to crypto tech? As crypto-enabled technologies continue to gain an increasing amount of mainstream traction, it stands to reason that their use will continue to expand into realms previously thought to be unimaginable (such as various basic income schemes). In this regard, as more and more corporations from the realm of traditional finance start to become more conscious, they can donate small sums of money to protocols such as GoodDollar and Global Income Coin to help those in need using blockchain technology. Thus, it will be interesting to see how the future of this financial niche plays out from here on end. 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
2 days agocryptodaily
Chronoly.io Maintains 560% Growth For Weeks, Tezos (XTZ) And Stella (XLM) Continue Downward Spiral
The cryptocurrency market remains an uncertain terrain to dive into without proper trading skills and the knowledge of how the market works. Today, the market is up with investors "cashing out" big time. The next few minutes, the same investors are counting their losses. Despite the fluctuating nature of the crypto market, there are still some tokens that have managed to sustain their growth trajectory. These tokens have an experienced developmental team that has left no stone unturned in a bid to offer their users more value. Chronoly.io is a novel token that suits this description. While Chronoly has continued to maintain a 560% gain for weeks now, Tezos (XTZ) and Stella (XLM) appear to be on a downward trend. Read on to find out what the respective projects are doing to beat the negative market sentiment. Chronoly.io Has Everything To Surpass Popular Tokens Chronoly (CRNO) has been predicted to be the next big thing to happen in the crypto and NFT market. Despite the prolonged bearish market that plummeted the prices of most cryptocurrencies, Chronoly.io (CRNO) token maintains 560% growth for weeks. "Chronoly is bound to refine the NFT and cryptocurrency space," an investor who just purchased the token in the presale said. Chronoly.io is an Ethereum-powered marketplace offering fractional investments in luxury watches on a DeFi. Chronoly's focus is to lower the financial barrier of participating in the luxury watch investment business. CRNO, the project's native token, comes with lots of real-world use-cases, including granting token holders access to club membership and earning passive income from staking. The Chronoly.io team plans to collaborate with big influencers in the metaverse gaming space to offer more value to gamers and investors. Industry experts have predicted that the price point of CRNO might hit $1 in the coming weeks if the team continues in this trajectory. Including CRNO in your portfolio can be a game-changer, as the project is still in its early stage. Chronoly'sroadmap highlights different activities for its phrase three, including building strategic partnerships, expanding influencer outreach, and launching a lending protocol. Tezos (XTZ) Continues To Innovate To Offer Value Tezos (XTZ) has continued to suffer a price setback despite a halt in the global prices of most cryptocurrencies. The Tezosteam has promised users that it will continue to improve on its outlook to offer more value. Experts believe that improving Tezos' use-cases will further stabilize the token price point. Tezos is a smart contract platform that developers can leverage to create decentralized applications. It gained prominence as one of the leading blockchain-based projects to first implement the proof of stake consensus algorithm. Despite the fact that projects like Cardano and Solana have also implemented the proof of stake consensus algorithm, Tezos has not slowed down its innovative drive. Its native token, XTZ, has a wide range of use cases, including for the payment of goods and services on the Tezos protocol. Token holders can also use the token to participate in governance voting. Founded in August 2014 by Arthur and Kathleen Breitman, Tezos has a foundation geared towards supporting the community members. As of press time, Tezos (XTZ) trades for $1.78 USD with a 24-hour trading volume of $37,273,070 USD. Stella (XLM) Announces Smart Contract Platform “Soroban”, Plans To Extend Gains In the last 24 hours, Stellar (XLM) has been trending downward. This may not be unconnected to the global market sentiment. Popular coins like Bitcoin and Ethereum nosedived during the crypto waves, and now they are ready to enter into support. In a bid to offer more value to users and extend its gains, the Stellar (XLM) developmental team recently launched a smart contract platform known as "Soroban." The initiative to launch Soroban is part of the company's drive to encourage massive token adoption and offer more value to users globally. The announcement invited developers to jump on the bandwagon to create their own unique contracts. Once Soroban becomes active, Stellar (XLM) will provide users with a wide range of use cases, including transforming payment systems to compete with major blockchains like Ethereum. The team's focus is to provide investors and traders with an accessible, user-friendly, and scalable platform. Soroban has the potential to revolutionize the smart contract niche in the crypto industry. Soroban will be independent of the Stella (XLM) network but will be paired with XLM to provide users with equitable access and accessibility. According to Stella's (XLM) roadmap, the team plans to improve on the project in terms of participation, demand, and scalability. As of press time, Stella (XLM) trades at $0.114885 USD with a 24-hour trading volume of $126,162,543 USD. For more information about Chronoly.io presale Website: https://chronoly.io/ Telegram: https://t.me/Chronolyio Presale: https://presale.chronoly.io/register Twitter: https://twitter.com/Chronolyio 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.
2 days agocryptodaily
Binance Denies WazirX Connection
Binance CEO has claimed that his firm never finalized the deal to acquire major Indian crypto exchange WazirX. Binance Turns Away From WazirX Binance CEO Changpeng Zhao has again stirred controversy with his comments about the Indian crypto exchange. According to CZ, the deal between Binance and WazirX fell through. CZ tweeted, “On 21 Nov 2019, Binance published a blog post that it had “acquired” WazirX. This transaction was never completed. Binance has never - at any point - owned any shares of Zanmai Labs, the entity operating WazirX…WazirX is responsible all other aspects of the WazirX exchange, including user sign-up, KYC, trading and initiating withdrawals.” According to him, Binance only serves as a tech solution for WazirX, providing only wallet services for the exchange. WazirX Parent Company In Trouble With Regulator The comments from the Binance CEO followed the controversies that have been dogging WazirX recently. India’s financial watchdog, the Directorate of Enforcement (ED), has brought money-laundering charges against the exchange’s operator Zanmai Labs. Reportedly, investigations led by the ED revealed that WazirX was receiving sizeable funds from questionable non-bank financial institutions and their fintech partners. The exchange has also been accused of laundering these funds abroad. The ED is also accusing Zanmai Labs of creating a “web of agreements” through different entities in order to obscure the ownership of WazirX. CZ Sides With Regulator Recognizing the severity of the matter, CZ has understandably taken a strong stand in support of the regulators, especially considering its previous dealings with the exchange. He said, “Recent allegations about the operation of WazirX and how the platform is managed by Zanmai Labs are of deep concern to Binance. Binance collaborates with law enforcement agencies all around the world. We would be happy to work with ED in any way possible.” On Saturday, CZ appealed to WazirX users to transfer all their funds to Binance. Soon after, all off-chain transfers from Binance to WazirX were also disabled, preventing users from freely transferring funds between the two exchanges. WazirX Founder Confirms Binance Deal WazirX co-founder Nischal Shetty has contributed his own two cents to the matter, claiming that Binance did acquire WazirX. In response to CZ’s vehement denial of a finalized deal with the exchange, Shetty also tweeted, “WazirX was acquired by Binance. Zanmai Labs is an India entity owned by me & my co-founders. Zanmai Labs has license from Binance to operate INR-Crypto pairs in WazirX. Binance operates crypto to crypto pairs, processes crypto withdrawal.” 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 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]
6 days agocointelegraph
Senator Warren proposes reducing Wall Street's involvement in crypto
Warren's letter urges OCC to collaborate with Fed and FDIC to develop an alternative cryptocurrency approach “that adequately protects consumers and the safety and soundness of the banking system.”
7 days agocryptopotato
Alchemy and Astar Network Combine Forces to Boost Web3 Development on Polkadot
The collaboration is expected to help bring even more incentives and innovation to the Polkadot ecosystem.
9 days agocoindesk
CryptoPunks’ Floor Price Surges 10% Following Tiffany & Co. Collaboration News
The collection has seen over $2.3 million in sales since Sunday’s partnership announcement, a 2,200% increase.
13 days agocointelegraph
Binance jumps into NFT ticketing after UEFA League fiasco
Binance collaborated with Società Sportiva Lazio to launch NFT tickets for all of the sports club’s home matches at Stadio Olimpico.
14 days agocoindesk
Bitcoin Maximalist Michael Saylor Makes the Case Against Ethereum
Saylor, the founder and CEO of business-intelligence software firm MicroStrategy (MSTR), spoke for close to an hour at Blockchain Economy Istanbul Wednesday, elaborating on the question of what he thought of Ethereum.
17 days agocointelegraph
Stablecoin projects need collaboration, not competition: Frax founder
As long as stablecoin “liquidity is growing proportionally with each other," there won’t ever be true competition between stablecoins, says Frax Finance's Sam Kazemian.
19 days agocryptopotato
Multiplayer Browser Stack Announces Selling Lifetime Licenses as NFTs
[PRESS RELEASE – Please Read Disclaimer] Multiplayer browser for Collaboration – Stack, is planning to sell lifetime licenses of its subscription as Non-fungible tokens. With this Stack is becoming one of the first SaaS tools that is selling access to its premium version as the primary utility of an NFT. Stack is an inherently collaborative […]
20 days agocointelegraph
Web3 platforms launch the Open Metaverse Alliance
OMA3 will focus on proposing standards and facilitating collaboration between various stakeholders of Web3 and other industries.
20 days agocointelegraph
Cristobal Balenciaga NFT To the Moon drop inspired by founder's original designs is live
Cristóbal Balenciaga’s never-before-seen drawings inspire the new NFT collection through a collaboration between Cointelegraph, Art Consulting, Artvein, Animal Concerts, Defy Trends and Crypto.com NFT.
20 days agocoindesk
Crypto Exchange KuCoin Raises $10M From Susquehanna to Fund Hiring, Growth Plans
KuCoin and SIG will also collaborate in incubation and ecosystem building for crypto startups through incubation, investment, and technical consultation.
21 day agocoindesk
Ethereum’s Kaleido Collaborates With Polygon for Web3 Adoption
Polygon Edge, a gas-free and easy to access scaling service targeting businesses, was unveiled at Ethereum’s annual community gathering in Paris.
22 days agocryptopotato
Governments Must Collaborate to Properly Regulate or Ban Crypto, Reserve Bank Of India Governor
The Reserve Bank of India wants to ban or limit crypto, but it recongnizes that global collaboration is needed to achieve that goal.

About BORA

The live price of BORA (BORA) today is 0.182162 USD, and with the current circulating supply of BORA at 927,500,000 BORA, its market capitalization stands at 168,955,239 USD. In the last 24 hours BORA price has moved -0.021713 USD or -0.11% while 55,278 USD worth of BORA has been traded on various exchanges. The current valuation of BORA puts it at #189 in cryptocurrency rankings based on market capitalization.

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

BORA Price0.182162 USD
Market Rank#189
Market Cap168,955,239 USD
24h Volume55,272 USD
Circulating Supply927,500,000 BORA
Max Supply1,325,000,000 BORA
Yesterday's Market Cap168,970,830 USD
Yesterday's Open / Close0.203892 USD / 0.182179 USD
Yesterday's High / Low0.211885 USD / 0.182165 USD
Yesterday's Change
-0.11% ( 0.021713 USD )
Yesterday's Volume55,277.51 USD
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