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Honey(HONEY)

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17 days agocoindesk
Air Gap? Hardware Wallet? Multisig? Bitcoin Self-Storage Means Hard Choices
Wallet manufacturers debated the best ways to store bitcoin private keys safely at the BalticHoneybadger conference in Riga.
73 days agocoindesk
No, Mt. Gox Payouts Aren’t Going to Torpedo Bitcoin's Price
Mostly because honey badger don’t care. But also, logistics.
101 day agocryptodaily
EXIT FESTIVAL LAUNCHES NEW NFT COLLECTIONS WITH GLOBAL MUSIC STARS AND CELEBRITIES
Unique NFT collections combine cutting-edge digital art and superior real-life experiences Ahead of this year’s much-anticipated EXIT Festival, the two-time winner of theBest Major European Festivalaward andone of the world's leading cultural, social, and entertainment events is set to launchtwo new NFT collections on the 20thand 21stof June. After its first HEADPHONE NFT collection sold out in record time in May,EXIT is stepping further into the Metaverse, collaborating with the famous model, pilot and human rights activist — CHRISTINA CARMELA and the superstar DJ and producer — MACEO PLEX. New EXIT NFT collections combine cutting-edge digital art and spectacular real-life experiences, making them unique in the NFT world. EXIT’s NFTs also provide access to the Metaverse, where the festival experience is enhanced and widely accessible,connecting virtual and real-life communities. “We will always strive to provide the best possible real-life experience as we strongly believe the human connection and energy can never be replaced. We see the Metaverse as an addition but by no means a substitute for the human experience. That’s why we use digital technology to amplify the real-life experience while blending the best of both worlds. And that’s just the first step; we go even further on our journey”, explains Dusan Kovacevic, the founder and CEO of Exit Festival, and continues: “We’re passionate about strengthening community connections and empowering the synergy between people. Our mission is to unite the artists, music industry professionals, and key stakeholders and organise it as a DAO (Decentralized Autonomous Organization) within the Metaverse. We believe the future is in this unity, and our goal is to go to the Metaverse together. Stay tuned, as you will hear much more about it soon.” says Kovacevic, who was recently named one of the most influential people in the European music and event industry. The SHADES collection, created with one of the biggest electronic music stars, MACEO PLEX, launches on World Music Day — June 21st. The WINGS collection, created in collaboration with model, pilot and human rights activist CHRISTINA CARMELA,drops the day before, on June 20th.On the same day, a limited number of new items available for minting will be added to the previously sold-out HEADPHONES collection. All EXIT collections contain once-in-a-lifetime live experiences in addition to unique digital art. Depending on their respective rarity, the NFTs will provide their owners with access to exclusive, secret and VIP zones at the EXIT Festival, access to theiconicstage of the mts Dance Arena, meet & greets with global music stars, private parties, as well as merch boxes,exclusive video and audio contentand airdrops!The NFTs also include digital fashion items, Maceo Plex’s shades and Christina Carmela’s wings, that you can put on your Metaverse avatar. All collections will be available for purchase on the environmentally friendly SolSea NFT Marketplace. ”We partnered with Exit Festival, one of the leading music festivals in the world, to bring more artists and audiences into the world of NFTs, as we believe that the future lies with Web3”, says Vitomir Jevremovic, founder of SolSea NFT Marketplace, and adds: “SolSea has been making waves in the Web3 space, with the focus on setting new standards for NFTs”. EXIT has been named the Best European Festivalby several publications and organisations, including the EU Festival Awardsand the UK Festival Awards. It takes place at the Petrovaradin Fortress in Novi Sad, featuring over 1000 artistsat over 40 stages and festival zones. The festival is well known for its forward-thinking spirit and social and environmental engagement. This year’s edition will take place from 7thto 10thJuly 2022, with an impressive list of acts including some of the biggest global superstars, such as Calvin Harris, Nick Cave & The Bad Seeds, rap iconIggy Azalea, hitmakers and trendsetters James Arthur, Masked Wolf, Disciples, Ofenbach, and Acraze.They will be accompanied by leading acts in today’s electronic music, such asMaceo Plex, Boris Brejcha, ARTBAT, Honey Dijon, Afrojack, Alok, Zhu, Reinier Zonneveld, Anfisa Letyago, Denis Sulta,Monolink, and Satorialongside influential bands such as the fierce Napalm Death, Sepultura, Blind Channel, legendary Marky Ramone and The Exploited, the sought-after act in the Balkans, Konstrakta,and many others. More information on the following official links: EXIT NFT WEBSITE EXIT DISCORD EXIT TWITTER EXIT INSTAGRAM EXIT FACEBOOK 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
102 days agocryptodaily
Merit Circle And YGG Terminate Partnership
Merit Circle DAO votes to end the partnership between the two giants of the play-to-earn space. Joint Statement Announces End Of Partnership After working together for seven months, the Merit Circle DAO has voted to terminate the relationship with Yield Guild Games (YGG). The vote was followed by buying out YGG’s 175,000 USDC ($175,000) investment in the P2E DAO for 1.75 million USDC. Both teams released a joint statement on Medium, which reads, “Collaboratively, Merit Circle Ltd and Yield Guild Games came to an agreement. The proposed solution terminates the formal relationship between the Merit Circle DAO and Yield Guild Games. This space would not be where it is today without Yield Guild Games, and not without the Merit Circle DAO.” What is A Gaming Guild? A crypto gaming guild like YGG is essentially a group of P2E gamers who invest in games with a mission of earning profits and building strong communities in the crypto-gaming space. Many such gaming guilds catapulted to success during the heyday of the metaverse and crypto-gaming towards the end of 2021. However, things have changed since then, and 2022 has brought in a bear market that has also dampened the metaverse. As a result, companies and DAOs in the space are focusing on cutting costs just to stay afloat. The decision to part ways between these two P2E forces was set in motion when the Merit Circle community decided to evaluate the contribution of their seed investors. “Lack Of Value” Or Cutting Costs? It all started with a MIP-13 proposal by a member called “HoneyBarrel” that claimed YGG had failed to provide enough value, asked that the SAFT be canceled, and the guild be refunded its initial investment. The proposal got surprising amounts of support from the DAO community, forcing YGG to release their own statement that pointed out that as seed investors, they were not obligated to provide any value-add beyond the investment. In response, The core team at Merit cited the many different ways that YGG had contributed to the success and growth of Merit Circle; however, it also acquiesced that the ultimate power rested with the DAO community. Both parties realized that the proposal and the prior agreement with investors were at odds and could result in a long-drawn-out legal battle. Therefore, as a counter-proposal to MIP-13, a joint agreement to terminate the partnership was presented in MIP-14. “Stain On Web3” Several industry experts have expressed their disapproval over the whole incident. Founder of crypto educational platform, 101.xyz, Tim Connors has pointed out that the buyout gave YGG just $1.75 million, whereas their investment could have been worth $5.2 million. He tweeted, “Decentralization is not about ruthless self-interest. It’s about collaboration. And if we want this industry to continue to thrive, then we’ll need to collaborate with the off-chain world too. That includes honoring legal agreements with investors.” 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.
123 days agocryptodaily
Guild war starts as Merit Circle tries to pay-off YGG - Cites “lack of value”
The Merit Circle decentralised autonomous organisation (DAO) has put forward a proposal to return the backing from Yield Guild Games (YGG), stating that the guild does not bring value as an investor. During the metaverse/gaming boom over the final quarter of 2021, gaming guilds carved out their own particular niche in the sector. They invested in promising games, and supplied yield and scholarships to users by way of the play-to-earn model. However, since those heady days when the promise of blockchain gaming reached its height, all gaming orientated tokens have plunged, taken down by the weight of the falling crypto markets. With all projects struggling to stay afloat in the current bear market, many are looking to cut costs and improve value where they can. Therefore, the Merit Circle community decided to evaluate just how much value their seed investors had put into the project. The seed investors were all required to post an account of what they believed was their contribution to Merit Circle. Investors included Maven11, Mechanism Capital, and DeFinance Capital, alongside YGG. In its post, YGG stated that it had helped Merit Circle get featured on the Yahoo Finance, and CoinDesk news platforms. It had also made introductions to other investors and had co-invested with Merit Circle in the same projects. Based on this, a Merit Circle DAO member going by the name of HoneyBarrel, initiated the proposal to cut YGG as a backer. The member argued that it was relatively easy to have got Merit Circle on to Yahoo Finance and CoinDesk, and that it was difficult to quantify how helpful YGG had been in introductions to other investors. The member also disagreed that investing into the same projects added any value to the DAO. According to an article on Tech in Asia, YGG is working with Merit Circle in order to resolve the dispute. YGG published a statement rebutting the accusations: “This post highlighted two clear issues to the YGG team: firstly, it had not been made clear to the wider community that YGG had in fact provided meaningful value to Merit Circle; and, secondly, that the community did not understand that the signed SAFT had neither a mechanism for such action nor any call for the delivery of services beyond the investment of capital.” YGG also said that certain parts of the HoneyBarrel proposal were “mischaracterized” and that some were “outright false”. However, the proposal is said to be getting a lot of support from other members of the DAO, and if the vote on the proposal is successful, YGG’s initial seed funding would be returned, and all investment benefits would be withdrawn. 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.
173 days agocoindesk
Mapping Startup Hivemapper Raises $18M to Give Maps the Web 3 Treatment
Inspired by the success of Helium, Hivemapper will incentivize participation in the network with the distribution of its native HONEY tokens.
200 days agocointelegraph
Honey, I orange-pilled the kids! BTC children's authors on learning about money
Three Bitcoin children's authors share the keys to teaching about Bitcoin and money, explaining why it's important to do so from a young age.
240 days agocryptodaily
Can WAX Remain at the Forefront of GameFi in 2022?
On Nov. 7, Farmers World had a coin theft incident. It may be that the game "plug-in" script changes the user's pledge address, resulting in the user's inability to obtain ram resources. Farmers World is a major game on the WAX chain, causing over 100 million RMB losses for players. This was the largest attack on the WAX ecosystem since the chain, which is focused on GameFi and NFT projects, launched in June, 2019. However, where other chains have lost significant trust and user numbers after attacks on their flagship projects, WAX remained among the top 3 GameFi blockchains by users, behind Hive and BSC. Its distinct advantages and extremely strong ecosystem mean that WAX isn’t likely to be going anywhere, at least during this GameFi and Metaverse cycle. In this article, we will take a look at what sets this chain apart. Top 5 Number of GameFi Users Cross-chain WAX for GameFi and NFT WAX is a blockchain focused on gaming and digital collections. The mainnet went live in June 2019 and is based on an EOS adaptation that inherits the Delegated Proof of Stake (DPoS) consensus mechanism. So, it is naturally equipped with high capabilities and low gas fees. To grow its NFT ecosystem, WAX has actively collaborated with gaming companies, artists and movie franchises to create and distribute NFTs, including Topps, Capcom, Deadmau5, Weezer, and SAW, making it the leading entertainment NFT ecosystem. In terms of games, WAX’s stable base layer has enabled dozens of projects to flourish, including Farmers World, Splinterlands, Alien Worlds, and Farming Tales. Advantages of WAX • Compared to the BSC, WAX not only supports high frequency transactions, but can process up to 8,000 transactions per second for fast processing. • When sending and minting NFTs, transactions are essentially instant and free. • The WAX marketplace is huge and uses simple trading tools to give players access to a global marketplace, allowing traders to build their own virtual stores on one decentralized platform. These advantages have attracted a large number of game developers and users. Token WAXP Users can use WAXP, WAX’s token, to: • Stake. When WAXP is staked, it increases the scarcity of the token, (as it's set aside and stored until a user reclaims it.) • Vote. WAX users that stake tokens also earn the right to vote for block producers and earn voting rewards. • Buy NFTs. WAXP can be used to purchase NFTs via the largest NFT ecosystem of any blockchain, including more than 60 million NFT assets from more than 30,000 DApps and NFT projects. According to Footprint Analytics, the price of WAXP was $0.40 as of Jan. 13, following a 2-month increase due to the explosion of the WAX games. Its record high was $0.94 on Nov. 17, when an IDO event announced by Farmer's World caused a player frenzy. Token Price Trend of WAXP WAX's market cap also grew to an ATH of $1.7 billion in November, 2021. Token Market Cap Trend of META However, over the past 2 months, the token price and market value of WAX has been declining due to the following reasons. • The game Farmers World on WAX did not launch its IDO as announced in November, thus reducing user confidence in the Farmers World game. • At the beginning of November, many users gave feedback that WAX wallet creation was frequently blocked due to exceeding maximum rate and is prohibited from registering. • The price is determined by the market. When WXAP skyrockets, player material prices are rolled back. When the price of materials is lower and the gap is smaller, new players get more revenue. WAX's Gaming Ecosystem There are currently 52 DApps in the WAX ecosystem. From the top 10 game projects, the largest transaction volume on the WAX as of Jan. 13 is Farming Tales ($15.98 million), followed by Farming World ($15.24 million), and PROSPECTORS in third place with $13.54. Top 10 Game Protocols Trading Volume 2 of WAX’s Most Notable Games • Farming Tales A farm management game, Farming Tales has been on WAX for about 3 months, and has combined NFTs with the offline real economy. Players can choose to farm resources or own the actual rights to various plants, trees, and even a few honey producing bees. For example owning a hive will produce real honey that you can choose to take ownership of. Players can also choose to have the products sold on the market and receive Wax in return. • PROSPECTORS PROSPECTORS is a massive multiplayer online real-time economic strategy game based on WAX and EOS blockchain. The game is set in the 19th century Wild West, with a map showing land tiles and above-ground resources like wood and stone. There are also resources hidden underground which must be sought out, like coal, clay and gold. Players have the opportunities to acquire digital gold by discovering new lands and finding resources. Summary WAX’s rich ecosystem has allowed it to remain at the forefront of GameFi and digital collectibles, providing a large user base for its emerging games. In addition, WAX engages chain game developers with the high throughput needed to support games, using simple tools to bring players into the global marketplace. 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.
274 days agocointelegraph
What is a honeypot crypto scam and how to spot it?
A virtual trap to lure attackers so that you can improve security policies is what honeypot aims for!
293 days agocryptodaily
Decentralized exchanges are growing fast amongst crypto. Learn about MilkyWayEx
How do you up your chances in the DeFi sphere? Check this out While the globally known centralizes exchanges (CEX) like Binance, Coinbase and Crypto.com dominate the Bitcoin trading activity, their decentralized counterparts, the DEX’s, are gaining ground as an alternative. The trustless nature of the DEX’s is a huge part of the WEB3.0 movement, and will help decentralize the flow of data, helping you in maintaining your privacy and security. MilkywayEx – the best of both worlds A new player is around, and it is already rocking the IDO concept, turning it into a viable investment strategy rather than pure gambling. MilkywayEx is a DEX, so any transaction carried out is protected by the inherent decentralization of the Blockchain, while also offering the transparency needed to gain valuable insight into the projects being traded. This means that your trades are purely on-chain, and we do not keep any log over your activity. But at the same time, we gather the most promising projects and token launches, so you do not have to scour the internet on shady sites, sifting through honey pots and rug pulls trying to uncover those gems worthy of your money and support. We take responsibility in our mission to become the most influential token on the Binance Smart Chain in terms of boosting the rise of young, solid projects. We have an ambition to be in the top three most popular BSC launchpads, however this is but a small part of our full suite of options. MilkywayEx is about the community, and you will be able to utilize our native token - $MILKY - as a governance token, in order to get a say in the future of the platform. And the future is bright. On top of launchpads, we seek to offer investors diversified yield farming, chain-bridging and limit orders as well as an advanced analysis tool, and that’s just the tip of the iceberg. Diving deeper into DeFi with MilkywayEx You can consider the entirety of Blockchain a vast ocean, where BSC is a massive island constantly expanding its mass. Around the island are trading hubs such as Pancakeswap, that allows for trading between tokens on the island. Along the edge are a few trading ports that allow for trading between the different Blockchains (Bridging). MilkywayEx is one such trade port. And not just that, it establishes a direct, easy route into the heart of PancakeSwap, allowing for easy exchanging between all available PCSv2 pairs, as well as hassle-free bridging to other chains, such as Polkadot, Polygon etc. We consider this freedom, which is what you need to invest optimally. Burns and taxes. Sounds bad, but it’s actually not.. Proof of burn is one of the most consensus and trustable mechanism methods used by a Blockchain network to guarantee that all participating nodes agree on the Blockchain network's actual and legitimate state. This algorithm is there to prevent any cryptocurrency coin from being double-spent. Proof of burn is based on the idea of "burning" the currency held by miners in exchange for mining privileges. Once a month, the whole MILKY buyback amount will be irreversibly incinerated. And there’s a tax on transactions. I know this is math, and no one likes math, but you might like what the following math means to you as an investor: Each MILKY token transaction will be taxed at 8%, with 4% going to awards, 2% to marketing and project development, and 1% to liquidity pool buybacks (2 percent). The rewards tax will allow any investor with a minimum 1,500,000 $MILKY tokens to be rewarded with the most promising and named BSC blockchain token projects presently. The choice of a custom token and the BNB-to-rewards-token reward ratio are both easily customizable. Milkyway will quickly expand into a well-known and popular crypto enterprise thanks to the marketing and development tax. A completely automated buyback mechanism will be used to keep the MILKY token price stable. Oh, and there’s DeFi lending too!.. Trustless lending with no mediator: No one gets scammed. Did you know: DeFi has the fastest loan growth rate of decentralized applications (DApps) and is the most common contributor for locking crypto assets. In order to make money, you need money. This much is a given. Luckily, this is also possible to do on the Blockchain. MilkywayEx realizes the utility of this, and allows for P2P lending between users in an automated, trustless system which will cater to the security for both parties. In addition, the lending protocol allows the lender to make money by charging interest. 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
327 days agocryptodaily
Bridging the Gap between Regulation and the Need for Growth
The issue of the regulation of cryptocurrencies is still a hotly disputed topic. Many governments across the world are either outright banning them or letting them exist unregulated, which leaves out the majority of old money, institutional financiers, investors, and the mainstream. With the emergence of decentralized finance (DeFi), the stakes went up even higher as the regulators now have to deal with an entire ecosystem for managing financial transactions as opposed to individual currencies. After the years of polarizing opinions, has the time come to allow the cryptospace and DeFi to have their cake and eat it too by introducing regulation-compliant options as a compromise? What Does Old Money Want? “Compliance” is the only word that may sound slightly more palatable to crypto audiences compared with the dreaded “regulation”. While essentially treading the same path, compliance evokes the sense of a compromise and a new middle-ground approach to regulating the cryptoverse without robbing it of its identity. Now, sticking to your guns in this world is an admirable quality, but cryptocurrencies and decentralized finance can hardly allow themselves to adopt an isolationist mindset. That would mean ignoring the palpable demand for the solutions that offer compliance as a compromising solution. We have come a long way from the days of baseless claims that cryptocurrencies will be mainly used to fund terrorism, money laundering, and all things illegal. Equally wrong is thinking that these things do not happen. Yet, they surely put off institutional investors, big banks, and other players that come from the world of traditional finance but do not want to miss the opportunity to dip their toes in the enticing and brand new cryptocurrency pool. The pool that only in August 2021 was worth more than two trillion US dollars. And, yes, they want guarantees that their investments will be safe and put against other enterprises on a perfectly level playing field. In other words, they are after compliance. Regulated vs. Unregulated Solutions The magic word that opens the cave of treasures in which happy regulators sit next to satisfied customers is “trust”. Moneyed people want to leave their capital with trusted and secure products. If the world of DeFi hopes to supplant banks and other aging financial institutions, it will have to prove itself as a safe harbor for inter-institutional lending, borrowing, and asset transfer. The tantalizing goals at the end of these roads are broader participation of more stakeholders and wider mainstream adoption. Yes, the two things that remove obstacles to achieving faster growth in this segment. While the introduction of the legal side of regulatory compliance will have to come in coordination with the external authorities, the most promising solutions now come from the inside, i.e. from the developers that build technologies that support fully regulated and compliant protocols. It is a sign of the maturing of the crypto and DeFi markets as a whole, but also of the more exciting times ahead. Regulated protocols will allow for the removal of a regulatory loophole which is frequently exploited in the world of DeFi. Unlike banks or brokers, DeFi platforms cannot be said to “hold” any money, thus neatly removing themselves from the crosshairs of the regulators who want to go after intermediaries. So, the main benefit and reputation boost for regulated protocols will be the introduction of “know your customer” (KYC) obligations that will stand guard against money-laundering practices, yet provide just enough shade of anonymity for the customers to feel comfortable in it. Will This Leave Unregulated Solutions Out of Work? While predicting the future of the new push for more regulated solutions in the cryptoverse is a thankless task, their success will surely depend much on the quality of their underlying technologies. In other words, their success will rest on the degree to which they will be able to uphold trust as part of what now goes under the buzzword of “Institutional DeFi”. One of the proposed solutions is making sure that transactions are done only with the known parties that have completed KYC and whitelisting procedures. While some degree of anonymity will be retained, the custom compliance tools will be developed to identify parties in financial arrangements. At the same time, asset pools will be split, with the addition of pools in which only whitelisted addresses are allowed to make transactions. Also, the companies will be required to prepare reports with the help of approved transaction tracking tools. All of this should deliver the fulfillment of the long-standing promise that dates to the early days of Bitcoin – banking the unbanked will be made possible only if a provider passes necessary checks. Those who still prefer the shadier unregulated DeFi options will have to take the risks on themselves, so the coexistence of the two models is highly likely at least for the time being. Trust Is an Asset Now for some concrete examples of the approaches to repairing the “outlaw” reputation of modern-day DeFi. Instead of studying legal precedents and countless court decisions, these providers found their solution to the regulation puzzle in trusted technology. Since its inception in 2018, Alkemi Network has worked on creating a KYC-permissioned digital asset pool feature that is supposed to work in parallel with reporting and risk management features. As a way to bridge the gap between DeFi and CeFi and draw big capital, CeFi institutions, and mass individual participation, the Alkemi Network focused on making individuals and institutions (such as custodians and exchanges) co-exist as part of a single network/ecosystem. Alkemi Network serves as a liquidity platform for financial institutions and individuals to access professional DeFi via fully compliant bridges and earn yields on their digital assets. Alkemi utilizes a bank-grade KYC/AML procedure for checking all liquidity providers and delivers simplified borrowing and lending protocol and code. “The question is not 'regulated vs. unregulated' but rather trusted counterparty vs. untrusted counterparty. It all boils down to the trusted counterparty problem. DeFi, as it is, is currently open to anyone, nefarious actors included. This makes institutional capital nervous. Their brands live and die by the trusted counterparty...They need comfort that when they are onboarding to a pool, no funny business is going to occur there. This is what Alkemi Earn solves for them", says Brian Mahoney, Cofounder/CSO of Alkemi Network. Lending Credence to Compliance KILT protocol approaches the issue of regulating trust by imitating the veracity of old-school credentials, such as passports and driving licenses, in the world of blockchain. KILT does this by providing a protocol for creating, issuing, and verifying digital credentials, with the focus on supporting business models that require mediation of trust. With it, individuals and organizations present sets of attributes which are relevant to their identification, and these get attested by trusted parties. These entities can, in turn, get paid for their attestation work in the trust market. The protocol supports issuing verifiable credentials and decentralized identifiers (DID). Verifiable credentials are verified by trusted parties while the DIDs serve to provide unique identification for a person or a device. All of this is supposed to promote the concept of self-sovereignty over one’s identity, in which you get to keep your digital credentials with you, not with a platform or an institution. “DeFi regulation is coming and DEXs will be pushed to identify their users, sometimes even with KYC. Regulation is not necessarily a bad thing because it would open up the regulated finance world for the crypto sector, bringing huge new resources. And we could avoid what we see today in the regulated sector -- banks with large files of centralized data. DEXs don’t need (and don't want to know) their customer. Instead, they could partner with trusted KYC providers and use infrastructure like KILT, that allows an institution or individual to share an element of their identity, without forcing the DEX to establish centralized data stores. If the user could prove their KYC with each transaction, it would be even safer than before, with less work for the DEX, happier consumers, and more satisfied regulators. Also, for KYC providers, this is a great chance to establish additional business”, says Ingo Ruebe, founder of KILT Protocol and CEO of BOTLabs GmbH. Wrap-up Regulation in the world of cryptocurrencies and DeFi is no longer a scary word, but a promising avenue for resolving various technological, compliance, and reputational issues with these ecosystems and technologies. In the end, the issue of regulation will have to be resolved if both are to achieve further growth and deliver on their initial promises of global coverage. Emerging solutions seem like steps in the right direction, as long as they are made on the bridges that link two worlds whose coming together holds much promise. 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.
331 day agocryptodaily
Squid Game rockets more than 2300% only days after launch
The new blockchain based Squid Game, based on the hugely popular Korean series of the same name, has rocketed since its launch only a few days ago. SQUID is the in-game token for the game based on the South Korean TV series, which has become a phenomenon in the country and across the world. The blockchain based version is a play-to-earn game, and has also seen some incredible success since it launched on 20 October. The TV show has “deadly consequences” for the participants. However, the blockchain based version definitely doesn’t, and many are clamouring to get into the online tournaments. Nevertheless, participation in the games doesn’t come cheap. For each of the rounds there is a prize pool of SQUID. Currently, the sixth and last round of the tournament has an entry fee of 15000 SQUID, worth around $117,000 at the current price of $7.80. The rounds are imitations of those in the TV series, such as “Red light, Green light” where the participants play a giant scale game of Grandma’s footsteps. Other games include Tug of War, and carving out a shape pressed into honeycomb without breaking it. In the meantime, the price of SQUID is continuing to rise at a meteoric velocity. After the token was launched last Tuesday, it has gone from $0.012 to $7.80 at time of writing. The token is up around 255% on the day so far. However, not all is rosy in the garden. SQUID can only be purchased thus far onPancakeswap, andCoinmarketcaphas published a warning next to the token price, stating that it had received multiple reports that users were unable to sell their tokens on thePancakeswapplatform. It also shows that the trading volume for the SQUID token is at nearly $9 million so far today. With only one platform and pair to buy and sell the token, it is quite likely that liquidity will continue to be an issue until further platforms list SQUID. Disclaimer: This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice.
389 days agocryptodaily
Honeypad alarm! Taste the honey in your mouth. Why must beekeepers fight? - Elon Musk
Switzerland, September 1st 2021 –– As the first self-covering ecosystem with innovative features in the DEFI market, HONEYPAD is on a mission to change the crypto world, and in particular the crypto freelancer market, for the better while ensuring profitability for its token holders. By filling their presale with a hard cap of 2000 BNBs within 3.5 hours, they have already proven that they are definitely flying in the right direction. Armed with innovative features in their token contract, an absolutely enthusiastic, fast and organically growing community and an experienced development team, they are launching one of the most trusted BSC projects of the year. - PCS launch on September 2, 2021 at 2PM UTC+0. In recent weeks, Honeypad has gained the trust of many investors by being an example of how a community-owned project can carry momentum through word-of-mouth. Once people learn about the unique system and future plans that HONEYPAD brings to the world with elan and transparency, it clicks. Needless to say, their freelance platform called Honeywork just makes sense: While more people accept that the way to work has changed, they are cheering on the 15.9% forecast CAGR to 2025 and stepping in with a smarter, more efficient ecosystem. As of early 2021, cryptocurrencies have become a multi-trillion dollar force in the global economy – at the same time, the global Freelance Platforms market size is projected to reach US$ 9192.9 million by 2026, from US$ 3393.5 million in 2019. Honeypad is bringing these two worlds together. "Dream big. Forget about fixed salaries. Demand the respect and freedom you crave."- Honeypad For a chance to directly share in the profits of the new freelance platform as a holder of HONEYPAD tokens, long-term investors from all over the world are invited to participate in the project. Although participation in a DEFI project involves some risks, the coveted shares are likely to be very well received in the DEFI world. Interested persons can get a clear picture of this unique project by reading the information provided. Website: www.honeypad.io Whitepaper: www.honeypad.io/honeypaper Telegram Investor Group: https://t.me/honeypadofficial ABOUT HONEYPAD We are driving innovation at HONEYPAD, inspired by our purpose, Let's turn the crypto world to the better. Investors and Freelancers are at the center of everything we do. With a successfully completed private sale of approximately $300,000 and a pre-sale hard cap of approximately $1,000,000 reached, we are eager to expand our revolutionary and engaging project on a global scale. We leverage our skills and agility to unleash the full power of HONEYPAD. As global citizens, we're dedicated to making an impact on the crypto world while helping to educate people about the possibilities of crypto. Learn more about our journey by visiting www.honeypad.io or following us on Twitter and Telegram. 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.

About Honey

The live price of Honey (HONEY) today is ? USD, and with the current circulating supply of Honey at 455,955 HONEY, its market capitalization stands at ? USD. In the last 24 hours HONEY price has moved -0.009113 USD or -0.88% while 1.26753 USD worth of HONEY has been traded on various exchanges. The current valuation of HONEY puts it at #0 in cryptocurrency rankings based on market capitalization.

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

Honey Price? USD
Market Rank#0
Market Cap? USD
24h Volume? USD
Circulating Supply455,955 HONEY
Max SupplyNo Data
Yesterday's Market Cap547.105 USD
Yesterday's Open / Close0.010313 USD / 0.0012 USD
Yesterday's High / Low0.023312 USD / 0.001043 USD
Yesterday's Change
-0.88% ( 0.009113 USD )
Yesterday's Volume1.26753 USD
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