Impulse Coin(IMPS)

Hardly any value is being moved on-chain, a sign nobody wants to sell, one analyst said.

The blockchain industry continues to evolve, with decentralization at the core of its ethos. In this context, the decentralization aspects of Cardano (ADA) and Polygon (MATIC) offer a glimpse into the future of blockchain technology. Meanwhile, the emergence of projects like Meme Moguls (MGLS) highlights the innovative and community-driven approaches […]

In this issue of CoinDesk's weekly newsletter on blockchain technology, we bring you Sam Kessler's scoop on MetaMask's in-development "intents" feature that could revolutionize how users interact with blockchains. Also: a post-mortem on Ethereum's unexpectedly ugly Dencun testnet upgrade – and a glimpse of one of the new data blobs.

Delve into the dynamic world of Shiba Inu (SHIB) and Bonk (BONK) as they make bold strides in the cryptocurrency realm. Uncover insights into SHIB venture into Japan's bustling crypto exchange and its exciting entry into the NFT marketplace. Witness BONK rollercoaster journey from its Coinbase listing to its unpredictable market sway. This comprehensive article sheds light on the possibilities of these meme coins erasing zeros and hitting new year's highs, offering a unique glimpse into their latest market trends and the potential for future growth in the ever-evolving cryptocurrency landscape.

Explore the latest crypto market trends in this insightful article. Discover SEI Network's EVM compatibility and its impact on the market, IOTA's strategic expansion into the Middle East, and the surging prices of Terra Classic (LUNC). Learn about SEI's all-time high, IOTA's regulatory achievements, and the remarkable comeback of Terra Classic. This comprehensive analysis covers key developments and predictions, offering a glimpse into the potential turning points and emerging titans in the cryptocurrency world

The Simpsons poked fun at NFTs in their annual halloween special but degens still managed to take advantage of the publicity to hoist an NFT collection to near top of the charts.

"Remember how we were always saying we wish Bart was less fungible," Homer asks Marge after he puts his son on-chain.

Amongst the sea of smartphones available, one name has been generating significant buzz – the LFi One smartphone. Known for its unique ability to support digital asset minting while offering top-tier features, we delve into what users are saying about the LFi One. “A Game-Changer in Crypto” Digial assets enthusiasts are rejoicing as they’ve found […]

Web3, the latest iteration of the internet, is gradually changing how we interact with the digital world. From finance, art, to social media, Web3 infrastructures are laying a foundation for an internet age where users have more immersive experiences and can directly contribute to the governance of decentralized ecosystems.

In the following, we take a look at cryptocurrency mining and the strong competitive benefits that ASIC miners have to offer. Enhanced Efficiency, Enhanced Returns The primary driving factor behind the next-gen ASIC miners is their enhanced efficiency. As opposed to their predecessors, these miners consume significantly less power per hash, translating into reduced operational […]

[PRESS RELEASE – New York, US, September 1st, 2023] In a significant stride towards revolutionizing data privacy and verification, zkPass, the innovative privacy-preserving protocol for private data verification, announces that its Pre-alpha Testnet is open for public testing. A Glimpse into the Future: zkPass Pre-alpha Testnet The zkPass Pre-alpha Testnet presents a transformative approach to […]

Here's how far BTC rallied since the Simpsons cryptocurrency episode that aired in Feb 2020.

Popular animated science fiction show Futurama gave a glimpse into what it thinks the future of crypto could look like in its latest episode called “How the West Was 101001” by mocking crypto miners.

London, UK, August 4th, 2023, ChainwireShiba Memu, a buzzing new AI-backed crypto meme coin, is creating more stir as it surges past the $1.5 million fundraising milestone and makes its exchange announcement debut with a BitMart listing – all within just one month of its presale starting.Getting listed on an established exchange like Bitmart, a significant player since 2017 that showcases an impressive roster of over 1500 cryptocurrency pairs, underscores a smart strategic play for the project.The main idea behind Shiba Memu’s AI was born out of the team's experiences with excessive marketing agency fees in previous business endeavors. This motivated them to take the initiative, developing a self-promoting AI that can scale into a variety of practical applications.The tangible concept, combined with the appealing Shiba Memu mascot, has fueled a wave of interest from investors and crypto enthusiasts who recognize the long-term potential of the project.Shiba Memu is currently priced at $0.0181, with a scheduled price increase every 24 hours, courtesy of the team's expertly programmed smart contract. This enticing mechanism is especially appealing to presale fans, as it guarantees the token purchase price will always be lower than the eventual exchange listing price. For example, if you bought today at $0.0181 the increase by the end of the presale on day 60 would be 35%.SHMU tokens are available to purchase on the official Shiba Memu website here.Why is Shiba Memu Trending?Shiba Memu's notable success can be attributed to the untapped potential of its AI. Still in its early stages, the AI employs Natural Language Processing (NLP) and Sentiment Analysis to scan the web, primarily focusing on social platforms, for Shiba Memu mentions and tailors its promotions accordingly.This has transformed the brand image from a simple cute dog meme to a funny and engaging dog meme with a sharp sense of humor! The glimpse into the project's future, and the forthcoming AI dashboards scheduled for Q4, are whetting investor appetite for meme coins with tangible utility.The project boasts a healthy outlook in its tokenomics, with 85% of tokens being dedicated to its presale, 10% to exchange listing liquidity and 5% to development - putting real power in the hands of SHMU owners in the future development of the dApp.Crypto Community Backing Is Driving Shiba Memu Engagement Through the RoofWith more and more hard-hitting YouTubers getting involved with the project, it’s no wonder that global enthusiasm for the project is growing by the day.Prominent Youtuber NFTsGuide, with over 700K followers recently described the project as a ‘AI Marketing Powerhouse’, which again goes to show how the developers premise of building self-marketing tech is relatable to not only investors but crypto enthusiasts.Some have even speculated that Shiba Memu is in the running to dominate other memes, with Crypto Moonlight’s channel suggesting this could be an interesting opportunity for those who missed out on PEPE and others like Austin Hilton making some bold price predictions and calculations about how much SHMU investors would need to hold to hit significant ROI.The rapidity with which word has spread and the interest it’s gauged from seasoned hands like those above goes to show that the marketing tactics implemented so far are gaining serious traction - it will be interesting indeed to see how this one plays out.Now on day 32 of the presale which is scheduled to run for 60 days, at which time the price will have increased 119% from $0.011125 to $0.024400, Shiba Memu is truly racing ahead – time is running out for investors looking to get involved.About Shiba MemuShiba Memu (SHMU) is a fresh dog-themed crypto meme coin that supports a platform utilizing AI to promote itself and generate buzz in online communities. This technology is poised to gain traction within the blockchain industry in the coming years, establishing Shiba Memu's position as an industry innovator. The innovative AI technology behind the project demonstrates true innovation in the meme coin sector, offering small and medium-sized businesses access to effective marketing solutions that could significantly cut costs and provide competitive advantage.Learn more about this innovative AI-powered dog meme on the official website.For more information: Website | Whitepaper | SocialsContactShiba Memu PressShiba [email protected]

London, UK, August 4th, 2023, ChainwireShiba Memu, a buzzing new AI-backed crypto meme coin, is creating more stir as it surges past the $1.5 million fundraising milestone and makes its exchange announcement debut with a BitMart listing – all within just one month of its presale starting.Getting listed on an established exchange like Bitmart, a significant player since 2017 that showcases an impressive roster of over 1500 cryptocurrency pairs, underscores a smart strategic play for the project.The main idea behind Shiba Memu’s AI was born out of the team's experiences with excessive marketing agency fees in previous business endeavors. This motivated them to take the initiative, developing a self-promoting AI that can scale into a variety of practical applications.The tangible concept, combined with the appealing Shiba Memu mascot, has fueled a wave of interest from investors and crypto enthusiasts who recognize the long-term potential of the project.Shiba Memu is currently priced at $0.0181, with a scheduled price increase every 24 hours, courtesy of the team's expertly programmed smart contract. This enticing mechanism is especially appealing to presale fans, as it guarantees the token purchase price will always be lower than the eventual exchange listing price. For example, if you bought today at $0.0181 the increase by the end of the presale on day 60 would be 35%.SHMU tokens are available to purchase on the official Shiba Memu website here.Why is Shiba Memu Trending?Shiba Memu's notable success can be attributed to the untapped potential of its AI. Still in its early stages, the AI employs Natural Language Processing (NLP) and Sentiment Analysis to scan the web, primarily focusing on social platforms, for Shiba Memu mentions and tailors its promotions accordingly.This has transformed the brand image from a simple cute dog meme to a funny and engaging dog meme with a sharp sense of humor! The glimpse into the project's future, and the forthcoming AI dashboards scheduled for Q4, are whetting investor appetite for meme coins with tangible utility.The project boasts a healthy outlook in its tokenomics, with 85% of tokens being dedicated to its presale, 10% to exchange listing liquidity and 5% to development - putting real power in the hands of SHMU owners in the future development of the dApp.Crypto Community Backing Is Driving Shiba Memu Engagement Through the RoofWith more and more hard-hitting YouTubers getting involved with the project, it’s no wonder that global enthusiasm for the project is growing by the day.Prominent Youtuber NFTsGuide, with over 700K followers recently described the project as a ‘AI Marketing Powerhouse’, which again goes to show how the developers premise of building self-marketing tech is relatable to not only investors but crypto enthusiasts.Some have even speculated that Shiba Memu is in the running to dominate other memes, with Crypto Moonlight’s channel suggesting this could be an interesting opportunity for those who missed out on PEPE and others like Austin Hilton making some bold price predictions and calculations about how much SHMU investors would need to hold to hit significant ROI.The rapidity with which word has spread and the interest it’s gauged from seasoned hands like those above goes to show that the marketing tactics implemented so far are gaining serious traction - it will be interesting indeed to see how this one plays out.Now on day 32 of the presale which is scheduled to run for 60 days, at which time the price will have increased 119% from $0.011125 to $0.024400, Shiba Memu is truly racing ahead – time is running out for investors looking to get involved.About Shiba MemuShiba Memu (SHMU) is a fresh dog-themed crypto meme coin that supports a platform utilizing AI to promote itself and generate buzz in online communities. This technology is poised to gain traction within the blockchain industry in the coming years, establishing Shiba Memu's position as an industry innovator. The innovative AI technology behind the project demonstrates true innovation in the meme coin sector, offering small and medium-sized businesses access to effective marketing solutions that could significantly cut costs and provide competitive advantage.Learn more about this innovative AI-powered dog meme on the official website.For more information: Website | Whitepaper | SocialsContactShiba Memu PressShiba [email protected]

Grizzly.Fi, the trailblazing DeFi platform committed to democratizing innovative financial solutions, has shared a momentous announcement that transcends its vibrant community. On July 21, 2023, Grizzly Trade, their decentralized perpetual platform built on opBNB in collaboration with Metavault Trade, officially launched on BNB Mainnet. This highly anticipated release marks the platform's advancement into a new realm alongside its existing range of earning products, further benefiting the Grizzly ecosystem. The First Decentralized Perpetuals on opBNB Grizzly, one of the most promising projects in the DeFi span, has launched its decentralized perpetual exchange, Grizzly Trade. This strategic expansion marks a significant milestone for the Grizzly Ecosystem, as it taps into a new market and propels the platform towards its vision of becoming a decentralized hub for DeFi's finest utilities. In collaboration with Metavault Trade, Grizzly.Fi has extended its product line to include a futures trading platform, providing additional benefits to the Grizzly ecosystem. The opBNB (BNB Layer 2) deployment process commenced on June 30, 2023, and made Grizzly Trade available for testing. Following the initial deployment on the opBNB Testnet, the platform was also launched on the BNB mainnet on July 21. Grizzly Trade allows users to trade blue-chip cryptocurrencies such as BTC, ETH, and BNB with leverage of up to 50x while ensuring a fully non-custodial experience. The platform boasts an intuitive and user-friendly interface, providing a glimpse of the upcoming V2 update, which aims to transform the growing ecosystem into a beginner-friendly crypto hub. Beyond its appeal as a new product catering to a broader audience, Grizzly Trade plays a vital role within the Grizzly ecosystem, serving as a lucrative real yield source for yield farmers. By providing liquidity, users can earn 50% of all platform fees while simultaneously being exposed to BTC, ETH, BNB, and stablecoins. One of the most notable features of Grizzly Trade is the built-in Buyback & Burn functionality for Grizzly's native token, "GHNY." This unique feature utilizes 25% of all generated platform fees to purchase GHNY from the open market and burn it. This mechanism effectively curbs inflation, transforming GHNY into an ultrasound (deflationary) token. Grizzly Trade not only expands the potential market size by introducing a utility already utilized by thousands of individuals regularly but also stabilizes inflation and drives the protocol's traction. It signifies an important step towards achieving the overarching goal of the Grizzly ecosystem: to lead and onboard the next million users into DeFi. Win Big with GrizzlyFi's "Trade to Earn" and "Trade to Win" Challenges! In parallel with this launch and to celebrate it, GrizzlyFi establishes new trading challenges to reward and encourage new users to explore the platform: 'Trade to Earn' and 'Trade to Win.' With these two challenges, users can win impressive prizes from a reward pool of $20,000 in the 'Trade to Earn' challenge with a $1,000 transaction volume. Also, they can compete for some of the $50,000 and $30,000 prize pools in the 'Trade to Win Beginner' and 'Trade to Win Pro' challenges, respectively. Discover Grizzly.Fi Grizzly.Fi is a tech company founded in 2021, and it incorporates a DeFi platform dedicated to democratizing decentralized finance for all. Today, Grizzly.Fi is also one of the most intuitive Liquidity Mining platforms. Renowned for its solutions and unwavering dedication to inclusivity, the company sets the benchmark in the industry. Apart from its exceptional accessibility, Grizzly.Fi upholds an unwavering focus on security and transparency. Employing cutting-edge security protocols, the platform ensures the utmost protection of users' funds and personal information while fostering a culture of complete operational transparency. Stay Updated For more information, discover the honeycomb of Grizzly.Fi and explore its exceptional range of products by visiting its official website. Also, engage with the company through social media on LinkedIn, Twitter, Discord, Telegram, Reddit, Instagram, and YouTube, to stay connected with the latest news and updates. 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.

The crypto industry is constantly evolving, with new projects emerging and capturing the attention of investors and traders. This article will highlight five trending cryptocurrencies making waves on Twitter and Dextools (a popular platform for tracking and analyzing token performance). Top 5 Trending Cryptos on Twitter and Dextools 1. Aptos (APT): Partnering with Chingari for a New Era in Blockchain Technology 2. Ripple (XRP) Faces Legal Battle with SEC: Potential Price Surge and Expert Predictions 3. Lido DAO (LDO) Emerges as DeFi Powerhouse 4. IOTA (MIOTA) Witnesses Impressive Price Surge on Shimmer EVM Testnet Success 5. Uwerx (WERX): Revolutionizing the Freelance Marketplace Aptos (APT): Partnering with Chingari for a New Era in Blockchain Technology Aptos (APT) emerges as an innovative blockchain technology, pushing the boundaries of possibility. A notable milestone for Aptos (APT) comes from a recent partnership with Chingari, a renowned on-chain social app. This collaboration paves the way for a new era in decentralized social media platforms. With its current price at $8.84, Aptos (APT) exhibits promising growth potential. Analysts project a trading range of $13.50 to $15.80 for Aptos (APT) by Q4 2023, presenting investors with exciting opportunities for profitability in the upcoming months. Ripple (XRP) Faces Legal Battle with SEC: Potential Price Surge and Expert Predictions Ripple (XRP), the blockchain-based payment protocol, faced legal challenges from the SEC in 2020. Instead of settling, Ripple (XRP) decided to fight the charges, setting it apart from its peers. Experts cautiously anticipate a potential price surge for Ripple (XRP), with a predicted valuation of $3.84 shortly after the court's decision. However, a more conservative estimate suggests a target price of $2.50 by late 2023 or early 2024. Lido DAO (LDO) Emerges as DeFiPowerhouse Lido DAO (LDO) has gained popularity as a DeFi platform, allowing users to earn interest on their investments. Its innovative strategies, including yield farming and Ethereum staking services, have fueled rapid growth. Lido DAO (LDO)'s price has surged over 100% this year. Analysts predict a breakout before Q3 2023, with a potential minimum price of $4.25. IOTA (MIOTA) Witnesses Impressive Price Surge on Shimmer EVM Testnet Success IOTA (MIOTA) recently experienced an impressive 13% surge in its price, driven by successful testnet trials of its Shimmer EVM. The Shimmer EVM is a decentralized computer capable of executing many projects and acts as the underlying virtual machine for Ethereum's operating structure. As of the latest update, IOTA (MIOTA) is trading at $0.209090, with a 24-hour trading volume of $38,709,452. These figures indicate a growing interest and activity surrounding the token. While the future remains uncertain, predictions suggest that IOTA (MIOTA) may reach approximately $0.35 by 2023. Uwerx (WERX): Revolutionizing the Freelance Marketplace Uwerx stands at the forefront of the freelance industry, armed with confidence and a bold vision for the future. By introducing groundbreaking features, engaging with the community, and continuously improving its platform, Uwerx is set to redefine how freelancers and clients connect and collaborate. Uwerx is poised to disrupt the status quo with its competitive transaction fee structure. Setting a new industry standard, the platform will charge a mere 1% transaction fee, positioning itself as a cost-effective alternative to established players like Upwork and Fiverr, which charge significantly higher fees. The Uwerx team values decentralization and aims to make the platform community-driven. Upon the project's launch on centralized exchanges, the contracts will be renounced, minimizing taxes and empowering users with greater control over their investments. Uwerx, the groundbreaking platform set to transform the freelance industry, is rapidly approaching its highly anticipated launch. As part of the pre-launch excitement, the Uwerx team has scheduled a Test Airdrop, which will take place on July 31st, marking a significant milestone for the project. Upholding transparency and security, Uwerx is committed to ensuring the safety of its users' funds. To this end, the liquidity will be locked well before the end of the presale, providing peace of mind to early investors and supporters. The success of Uwerx's presale is evident as it completed stages 1 to 4 in record time. This impressive achievement showcases the strong demand and unwavering support for the project. The Uwerx presale has reached its fifth stage, offering tokens at an attractive price of $0.05245 per token and a generous 25% bonus on every purchase ending today at 18:00 UTC. This enticing opportunity has attracted a dedicated community eager to be part of Uwerx's success. In an exciting development, Uwerx has introduced the UwerxVault, allowing users to store their WERX tokens and participate in the staking mechanism. Users can earn rewards based on platform variables by staking their tokens for varying durations, fostering an ecosystem that incentivizes active engagement. Upholding the utmost security and reliability standards, Uwerxhas undergone rigorous audits conducted by SolidProof and InterFi Network. These audits instill confidence in the community, assuring users that robust systems safeguard their investments. Uwerx's prominence continues to grow as it secures listings on renowned platforms. The project has successfully been listed on CoinSniper and is set to debut on Uniswap by August 1st, providing increased accessibility and liquidity for token holders. This growing community signifies the widespread interest in Uwerx's innovative approach to the freelance marketplace. Adapting to the needs and desires of the community, the Uwerxteam has modified token allocations, ensuring a fair distribution of rewards and aligning with the enthusiastic response from early supporters. Uwerx (WERX) Alpha Platform Gets Beta Demonstrating its commitment to delivering a cutting-edge platform, Uwerx has released the first version of its Alpha platform. This milestone signifies the team's dedication to meeting their goals and promises, and further iterations of the platform are expected to enhance the user experience. The Alpha platform is merely the beginning for Uwerx as the team prepares to transition to the Beta version. This evolution will introduce many new features and improvements, solidifying Uwerx's position as a frontrunner in the freelance industry. Uwerx continues to share exciting updates with its community, recently releasing a comprehensive PDF detailing various aspects of the Alpha platform. From signing up and logging in to job creation and finding talent, these ten pages provide a glimpse into the user-friendly interface and powerful functionalities that await users. User feedback is crucial to Uwerx's ongoing development, and the team encourages users to share their thoughts and suggestions at [email protected]. By actively engaging with the community, Uwerx ensures that its platform evolves to meet the ever-changing needs of freelancers and clients alike. As Uwerx progresses toward its launch, the value of its native token, WERX, is set to increase. Uwerx (WERX) Price Prediction Uwerx's extraordinary growth trajectory sets the stage for an exhilarating ride, propelling WERX tokens to unprecedented heights. Our estimations suggest a meteoric rise to $1.32 by Q1-Q2 2024, followed by an astonishing surge to $2.97 by Q3 2024. These projections underscore Uwerx's immense potential, solidifying it as a must-have investment for astute investors. Join the Uwerx revolution and seize the opportunity for a 25% bonus ending at 18:00 UTC today: Presale: invest.uwerx.network Telegram: https://t.me/uwerx_network Twitter: https://twitter.com/uwerx_network Website: https://www.uwerx.network/ 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.

A newly released survey and report from the Bank for International Settlements (BIS) claims if widely used, cryptoassets and stablecoins may threaten financial stability. The BIS published a new survey and report detailing the state of global CBDC (central bank digital currency) adoption and central banks’ view and plans regarding CBDCs. Almost 25% of Central Banks are Piloting Retail CBDCs The report, entitled “Making Headway – Results of the 2022 BIS Survey on central bank digital currencies and Crypto,” finds the number of central banks planning on launching CBDC in the near future has doubled since the previous year, despite the chaos in the market. In its report, the BIS, however, warned of the risks of using cryptoassets for payments. It said: If widely used for payments, cryptoassets, including stablecoins, may constitute a threat to financial stability. While accepting the reality of widespread CBDC introduction, the BIS and other global regulators will issue guidelines to mitigate the danger it associates with the industry. The BIS explained: To strengthen and coordinate regulatory approaches to contain their risks to the financial system, the CPMI, IOSCO, FSB and BCBS published updated or new guidance and standards for stablecoins or crypto activities and markets more broadly. Through its research, the BIS found that almost a quarter of all central banks are currently piloting retail CBDCs. The BIS expects over two dozen such state-backed digital currencies to roll out by the decade’s end. BIS Expects 15 Retail, Nine Wholesale CBDCs To Launch CBDCs have already been issued by Nigeria, the Bahamas, Jamaica, and parts of the Caribbean, and according to the survey, those regions will soon be joined by several other territories. The report explains that work on retail CBDCs is more advanced than wholesale CBDCs. The BIS report reads: Work on retail CBDC is more advanced than on wholesale CBDC: almost a quarter of central banks are piloting a retail CBDC. More than 80% of central banks see potential value in having both a retail CBDC and a fast payment system, mostly because a retail CBDC has specific properties and may offer additional features. The BIS expects that by the end of 2030, 15 retail CBDCs, and nine wholesale CBDCs will be circulated in established and emerging economies. According to the report, 60% of surveyed central banks explained the arrival and rise of stablecoins had accelerated their development of CBDCs. 2022 Crypto-Chaos Leaves Central Banks Divided 2022’s market spiral, however, did not convince all central banks of the necessity of CBDCs. The report find that while 93% of all central banks are exploring CBDCs in some way, an increasing number of those banks expressed with greater conviction that they would not issue a state-backed digital currency soon. The report states: A clear divergence has emerged: compared to last year, some central banks have become more likely to issue a CBDC within the next three years, while others indicated to be less likely to do so. BIS Backs Tokenisation, But Says Crypto is a “Flawed System” The BIS, considered by many as the central bank of central banks, recently released its plan for a global “unified ledger” that would support CBDCs and tokenized assets. According to the organization, tokenization offers a “major leap” in the financial system, calling it “the next logical step.” While it advocated for a centralized approach to the future of the monetary system, it dismissed decentralized cryptocurrencies as a “flawed system.” It said: Crypto and decentralized finance (DeFi) have offered a glimpse of tokenization’s promise, but crypto is a flawed system that cannot take on the mantle of the future of money. Moreover, the BIS argued that “crypto has collapsed”, and the successful use of tokenization relies on the trust provided by central banks. 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.

Bitcoin has continued to show impressive strength, recovering roughly 100% year to date. In the past week alone, the...

Recently, crypto experts and analysts have raised questions on whether Polygon (MATIC) price could plummet to zero amidst the SEC's tightening regulations on the crypto industry. Amidst the uncertainty, seize the opportunity to participate in Uwerx presale bonuses, offering enticing rewards for early investors. This article provides a comprehensive overview to help you navigate the evolving crypto community and make informed investment decisions. Polygon (MATIC) Price Prediction Polygon (MATIC) is a crypto and blockchain platform built on top of the Ethereum (ETH) network. Polygon (MATIC) aims to address the limitations of the Ethereum blockchain by providing faster transaction processing and lower fees. Polygon (MATIC) achieves this through a combination of technologies, including sidechains, plasma chains, and a decentralized network of validators. Polygon (MATIC) holds a value of $0.6339, boasting a market capitalization of $6B and a 24-hour trading volume of $552M. Market experts project a promising trajectory for Polygon (MATIC), anticipating a rise to $2.05 by the first quarter of 2025. Disrupting the Industry: Uwerx's (WERX) Low Transaction Fee Sets it Apart from Traditional Platforms. Uwerx is revolutionizing the freelancer marketplace with its array of innovative features. One notable highlight is its customized matching system, which optimizes connections between freelancers and clients based on their specific requirements, skills, and budget. Upon its launch on centralized exchanges, Uwerx plans to renounce contracts, cementing its disruptive approach. A significant aspect of this disruption is the platform's transaction fee, set at a mere 1%. This starkly contrasts the excessive charges imposed by traditional platforms like Upwork and Fiverr, making Uwerx a highly appealing choice for freelancers and clients. Its latest feature—the Uwerx Vault—adds another layer of innovation for token holders. Users can earn rewards based on platform variables by staking their WERX tokens in the vault, enhancing their engagement and potential benefits. Uwerx prioritizes security and reliability, evident in the rigorous audits conducted by reputable firms such as SolidProof and InterFi Network. These audits provide users with a sense of confidence and trust in the platform's integrity. Uwerx's achievements have garnered recognition, leading to its listing on CoinSniper. Moreover, it is set to be listed on Uniswap, a major decentralized exchange, on August 1st. These listings further enhance Uwerx's accessibility, liquidity, and overall standing in the crypto market. Uwerx (WERX) Test Airdrop and Long-Term Stability Measures: Exciting Opportunities and Trust for Token Holders Uwerx recently launched the initial version of its Alpha platform, providing users with a glimpse into its functionality and user experience. The platform is now preparing to transition from Alpha to the eagerly awaited Beta phase, bringing further improvements and enhanced features for a smoother user journey. Uwerx has made a comprehensive update available as a PDF document to demonstrate its commitment to transparency and user support. This update covers essential aspects such as sign-up, login, password recovery, freelancer and client roles, job creation, talent discovery, and key pages like activity tracking and the hiring dashboard. Uwerx's progress in shaping the future of freelancing is undeniable, driven by innovation, lower fees, and user-centric features. The platform highly values user feedback, encouraging individuals to share their insights at [email protected] to actively contribute to its evolution. Exciting times lie ahead as Uwerx prepares for a Test Airdrop scheduled at the end of the presale on July 31st. This presents an excellent opportunity for participants to experience the platform's capabilities personally. To ensure stability and trust for token holders, Uwerx has implemented a nine-month lock on team tokens and plans to extend the token liquidity lock for 25 years after the presale. These long-term commitments showcase Uwerx's dedication to maintaining a secure and reliable environment. The rapid growth of the Uwerx platform, with over 5,500 sign-ups and a substantial presence on Twitter and Telegram, reflects its appeal to freelancers and clients seeking cutting-edge solutions. Uwerx (WERX) Presale Success: Breaking Records and Reaching New Heights Uwerx achieved outstanding success during its presale by swiftly completing stages 1 to 4. In the Stage 5 presale, Uwerx tokens are available at an attractive price of $0.047725 per token, accompanied by a tempting 15% bonus on each purchase. The price is set to rise to $0.05245 on Monday, July 10th at 18:00 UTC. This week, there will be a release of a clickable prototype for the presale, which will include pages for freelancer registration and client registration. Furthermore, the Uwerx Vault feature will be unveiled next week, and a poll will be conducted to determine the date of the test airdrop. This presents a remarkable opportunity to acquire tokens at a favorable value. Market analysts anticipate a promising trajectory for Uwerx, projecting a price of $1.33 by Q4 2023. Remaining responsive to community demands, the Uwerx team demonstrates flexibility by adjusting token allocations in light of the rapid speed of the presale. Don’t Miss Out on the 15% Bonus; Buy WERX tokens today: Presale: invest.uwerx.network Telegram: https://t.me/uwerx_network Twitter: https://twitter.com/uwerx_network Website: https://www.uwerx.network/ 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.

Shytoshi Kusama, the lead developer behind Shiba Inu, has provided a glimpse into the highly anticipated launch of Shibarium, a layer-2 protocol within the Shiba Inu ecosystem, sparking excitement and speculation among the community.

Addresses holding less than 1 BTC are stacking sats at a record pace relative to the asset’s USD price.

A leaked draft document from the European Commission has shed light on the institution's plans for the digital euro, providing an intriguing glimpse into the future of digital currencies.

In a new report, the BIS has expressed its approval for tokenizing assets, releasing a blueprint for a global “unified ledger,” but described crypto as a “flawed system.” The Bank of International Settlements on Tuesday released a plan for a global “unified ledger” which would support central bank digital currencies (CBDCs) and tokenized assets. The BIS, which is regarded as the central bank of central banks described in a report detailing the future of the monetary system, that tokenization, or converting money and other assets into digital tokens that can be traded on programmable platforms, says it offers a “major leap” in the financial system. While advocating for a centralized option, the BIS described decentralized cryptocurrencies as a “flawed system.” Moreover, the report said: Crypto and decentralized finance (DeFi) have offered a glimpse of tokenization’s promise, but crypto is a flawed system that cannot take on the mantle of the future of money. The BIS also further argued that “crypto has collapsed” and said the successful use of tokenization relies on the trust provided by central banks. The collapse of crypto and the faltering progress of other tokenization projects underline a key lesson: tokenization’s success rests on the foundation of trust provided by central bank money and its capacity to knit together key elements of the financial system. Tokenization is “The Next Logical Step” The bank further asserts that tokenization is “the next logical step” in asset transfer and digital record keeping. It said: Tokenization could dramatically enhance the capabilities of the monetary and financial system by harnessing new ways for intermediaries to interact in serving end users, removing the traditional separation of messaging, reconciliation and settlement. BIS Identifies Smart Contracts as a Significant Use Case of a Unified Ledger In making its case for a unified ledger, the BIS identified its potential use case. The bank identifies smart contracts which could open the door to new types of “arrangements and transactions that “could expand the universe of possible contracting outcomes.” The report outlines that smart contracts can overcome coordination problems frequently occurring in joint ventures. It states blockchain technology could add to the stability of bank funding and eliminate free-riding. A smart contract could specify that each participant contributes only a certain amount to a joint venture if all other participants also contribute, this way, free-riding is eliminated. 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.