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Lympo(LYM)

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$0.002785
(-2.38%)
0.00000005 BTC
Market Cap (Rank#1281)
$2,302,230
40.0484 BTC
Vol 24h
$25,247
0.439187 BTC
Circulating Supply
826,672,979.02
Max Supply
?
2 days agocoindesk
Binance's CZ Will Spend Less Than a Year in Prison, Polymarket Traders Bet
Also, the CFTC wants to bar Americans from betting on elections – even though it's already illegal in most U.S. states.
9 days agocoindesk
Polymarket Odds Say Columbia University President Will Keep Job
Continuing pro-Palestine protests won't lead to Minouche Shafik having a fate similar to Claudine Gay, who was recently forced to resign as Harvard's president, the prediction market signals. Plus: Kalshi bettors don't think Taylor Swift will break her record.
12 days agocoindesk
Bitcoin Blockchain Undergoes Fourth Halving in 15-Year History, in Show of Monetary Policy Set by Code
Soccer has the World Cup. Athletics and many other sports have the Olympics. Crypto has the halving. The milestone in the blockchain's 15-year history technically means a cut in rewards for crypto miners with each block – a feature designed to minimize inflation.
12 days agocoindesk
Polymarket Traders See 32% Chance of No Fed Rate Cuts This Year
The hawkish shift in the market sentiment could dampen the demand for risk assets, including cryptocurrencies and technology stocks.
16 days agocoindesk
Free Money? Polymarket Bet Pays 8% if China Doesn't Invade Taiwan
Betting against that outcome could yield almost 8x as much as Taiwan government bonds. Plus: Mideast turmoil barely changes presidential odds.
20 days agocoindesk
Willem Schroé: Building Botanix, a Bitcoin Layer 2 That Brings the EVM to Bitcoin
A Belgian polymath and his team are building a “spiderchain” network that harnesses both bitcoin’s sound money properties and Ethereum’s technological capabilities.
23 days agocoindesk
Which Crypto Projects Will Airdrop Next? Prediction Markets Are Placing Bets
Eigenlayer has a 75% chance of sending users free tokens by June 30, the odds on Polymarket signal. Plus: Kalshi lands a big Wall Street account.
30 days agocoindesk
Who Will Trump Pick for Veep? Polymarket Gives Tim Scott Best Odds: Prediction Markets
Plus: Free money? "Democrat wins New York" contract trades at 90 cents on the dollar.
37 days agocoindesk
How Many Years Will SBF Get? Jury's Out on Betting Platform Polymarket
Plus: Tesla's delivery numbers will fall short of record, Kalshi traders signal; "Ghostbusters" fandom underestimated.
44 days agocoindesk
Nearly $100M Wagered on U.S. Presidential Election on Polymarket
Blockchain bettors see a clear path to victory for Trump, and are bullish on ether hitting an all-time high in 2024 – but SOL might get there first, thanks to "memecoin March."
188 days agocointelegraph
Circle launches 'points-to-crypto' program with Taiwan convenience store chain
The United States-based stablecoin issuer Circle reports a partnership with Taiwan’s second-largest convenience store chain, FamilyMart and a local crypto exchange, BitoGroup.
216 days agocryptopotato
Radix Babylon Upgrade Marks New Era for Web3 User and Developer Experience
[PRESS RELEASE – London, England, September 28th, 2023] Decentralized ledger platform Radix Publishing has celebrated the successful completion of its long-anticipated Babylon mainnet upgrade. The Babylon upgrade represents the end of the Olympia era and has been hailed by Radix as a game-changing moment for Web3 and the wider DeFi space. The Babylon mainnet upgrade […]
261 day agocryptodaily
Coca-Cola Unveils New Masterpiece NFTs on Base Blockchain
Coca-Cola has launched its new exclusive NFT collection on Coinbase’s Layer-2 network during the “Onchain Summer” festival. Coca-Cola’s Masterpiece Campaign On Sunday, August 13, one of the most recognizable consumer brands in the world, Coca-Cola, revealed its new non-fungible tokens (NFT) collection on Coinbase’s Layer-2 blockchain called “Base”. The collection is a part of Coca-Cola's global “Masterpiece” campaign which was partially created by the brand’s AI platform known as “Real Magic”. “‘Masterpiece’ is not a story in which Coke appears… Coke is the story,” commented Pratik Thakar, Global Head of Creative Strategy and Integrated Content for Coca‑Cola. “True to the spirit of the brand—and not unlike the way a synchronized supply chain collaborates to seamlessly deliver ice-cold Coca‑Cola to consumers at just the right time—a diverse collection of artwork spanning multiple genres, geographies and generations comes together to uplift a slumping teenager. Creating human connection and bringing enchantment to everyday moments is what ‘Real Magic’ is all about.” The Masterpiece NFT collection showcases the artwork featured in the brand’s campaign, including Andy Warhol’s iconic 1962 Coca‑Cola painting, classical pieces of timeless artists such as Edvard Munch’s “The Scream” and Johannes Vermeer’s “Girl with a Pearl Earring,”, as well as works of emerging artists such as Aket, Fatma Ramadan, and Vikram Kushwah. Coinbase’s Onchain Summer Coca-Cola’s new NFT collection has been offered for a limited time and presented as a part of the Coinbase’s Onchain Summer event: “@CocaCola is bringing their Global Masterpiece campaign onchain with iconic works from leading artists,” Coinbase announced on X, formerly known as Twitter. Onchain Summer is Coinbase's month-long celebration of its Layer-2 Blochcian Base which became available to the general public on August 9. Each day, the festival offers numerous onchain mints, stories, and activities related to art, culture, music, gaming, and more. Coca-Cola is undoubtedly the most recognizable brand presented on the list of Base’s partners so far. Coca-Cola and NFTs This is not the first time the world-renowned soft drinks brand has ventured into the NFT space. Back in 2021, Coca-Cola auctioned off exclusive NFT collectibles with the aim of raising funds for Special Olympics International. At that time, the first Coca-Cola’s NFT loot box was sold as a single asset for over $575,000. Coca-Cola’s engagement with NFTs is meaningful for the whole cryptocurrency industry. As one of the largest global consumer brands, Coca-Cola could introduce many of its customers to the world of digital art and Web3. Besides, the beverage giant will likely play a big role in promoting Coinbase’s Layer-2 network Base. 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.
261 day agocryptodaily
Coca-Cola Unveils New Masterpiece NFTs on Base Blockchain
Coca-Cola has launched its new exclusive NFT collection on Coinbase’s Layer-2 network during the “Onchain Summer” festival. Coca-Cola’s Masterpiece Campaign On Sunday, August 13, one of the most recognizable consumer brands in the world, Coca-Cola, revealed its new non-fungible tokens (NFT) collection on Coinbase’s Layer-2 blockchain called “Base”. The collection is a part of Coca-Cola's global “Masterpiece” campaign which was partially created by the brand’s AI platform known as “Real Magic”. “‘Masterpiece’ is not a story in which Coke appears… Coke is the story,” commented Pratik Thakar, Global Head of Creative Strategy and Integrated Content for Coca‑Cola. “True to the spirit of the brand—and not unlike the way a synchronized supply chain collaborates to seamlessly deliver ice-cold Coca‑Cola to consumers at just the right time—a diverse collection of artwork spanning multiple genres, geographies and generations comes together to uplift a slumping teenager. Creating human connection and bringing enchantment to everyday moments is what ‘Real Magic’ is all about.” The Masterpiece NFT collection showcases the artwork featured in the brand’s campaign, including Andy Warhol’s iconic 1962 Coca‑Cola painting, classical pieces of timeless artists such as Edvard Munch’s “The Scream” and Johannes Vermeer’s “Girl with a Pearl Earring,”, as well as works of emerging artists such as Aket, Fatma Ramadan, and Vikram Kushwah. Coinbase’s Onchain Summer Coca-Cola’s new NFT collection has been offered for a limited time and presented as a part of the Coinbase’s Onchain Summer event: “@CocaCola is bringing their Global Masterpiece campaign onchain with iconic works from leading artists,” Coinbase announced on X, formerly known as Twitter. Onchain Summer is Coinbase's month-long celebration of its Layer-2 Blochcian Base which became available to the general public on August 9. Each day, the festival offers numerous onchain mints, stories, and activities related to art, culture, music, gaming, and more. Coca-Cola is undoubtedly the most recognizable brand presented on the list of Base’s partners so far. Coca-Cola and NFTs This is not the first time the world-renowned soft drinks brand has ventured into the NFT space. Back in 2021, Coca-Cola auctioned off exclusive NFT collectibles with the aim of raising funds for Special Olympics International. At that time, the first Coca-Cola’s NFT loot box was sold as a single asset for over $575,000. Coca-Cola’s engagement with NFTs is meaningful for the whole cryptocurrency industry. As one of the largest global consumer brands, Coca-Cola could introduce many of its customers to the world of digital art and Web3. Besides, the beverage giant will likely play a big role in promoting Coinbase’s Layer-2 network Base. 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.
273 days agocryptodaily
OKX Wallet Launches Account Abstraction-Powered 'Smart Account' Feature, Enabling USDT and USDC Gas Fee Payments on Multiple Chains
Singapore, Singapore, August 2nd, 2023, ChainwireAdditional account abstraction capabilities, including a social recovery feature, will be rolled out at a later dateOKX, a leading Web3 technology company, today announced the launch of a new account abstraction-powered Smart Account feature on its OKX Wallet, enabling users to pay for transactions on multiple blockchains using USDC or USDT.OKX Wallet will soon launch additional account-abstraction powered features, including social recovery functionality. This will enable users to select trusted "guardians" from their social network to help them recover their Smart Account if they lose their keys.OKX Wallet is one of the first wallets in Web3 with multi-chain account abstraction support. With Smart Account, users can now interact with multiple contracts in a single transaction. This enhances composability for advanced users and adds convenient features for beginners, creating a more user-friendly and intuitive wallet experience.OKX Chief Innovation Officer Jason Lau said: "Our aim is to provide our users with the most accessible, secure, and powerful Web3 gateway. The Smart Account feature will play a significant role in achieving this goal. Account abstraction technology is a game-changer for the broader adoption of Web3 and enables new use cases and user experiences. We are excited to share more as we continue to build on top of this feature."Account abstraction simplifies crypto transactions by enabling the creation of Web3 wallet accounts that conceal the more technical details of their on-chain interactions behind a more accessible and user-centric interface. This is achieved by combining users' smart contracts and Externally Owned Accounts (EOAs) into a single "smart" account, providing a more unified Web3 experience.The account abstraction-powered Smart Account simplifies some of the complexities of blockchain transactions; for example, one of the biggest painpoints that users face is the need to navigate the complex transaction process and decipher technical terms such as 'gas fees' and 'Gwei.' Smart Account addresses this painpoint by reducing the number of steps required to complete a token swap or trade to just one click.OKX Chief Marketing Officer Haider Rafique said: "We promised our customers and the larger DeFi community that we would prioritize security and interoperability as we build our Web3 wallet and apps. We support 60+ cross-chains, Multi-Party Computation (MPC), and now with Smart Account, we offer a stablecoin account that can interact with transactions on multiple blockchains without the need for a specific blockchain's native token, with a social recovery feature coming soon. This is a game-changer, and we believe it has the ability to make transactions between chains a lot more seamless."Additional benefits of OKX Wallet's Smart Account feature include:Gas fee-relatedThe option to pay for gas on any of the supported chains using stablecoins USDC and USDT.Users can also conduct gasless transactions if third-party dApps choose to sponsor their on-chain interactions.Elimination of the need for users to pay gas fees with each individual chain's native token.Simplified token swaps and staking Smart Account combines multiple stages of the swap and staking process into a single step. Users can exchange tokens and earn interest by staking crypto with just one click.OKX Wallet currently supports account abstraction technology on seven blockchains: Ethereum, Polygon, Arbitrum, Optimism, BNB Chain, Avalanche and OKT Chain. It is also the first Web3 wallet to utilize multi-party computation (MPC) technology across 37 blockchains, eliminating the need for traditional written down keys and seed phrases by splitting a user's private key into three parts, greatly improving security and eliminating a single point of failure.About OKXA leading global technology company driving the future of Web3, OKX provides a comprehensive suite of products to meet the needs of beginners and experts alike, including:OKX Wallet: The world's most powerful, secure and versatile crypto wallet which gives users access to over 50 blockchains while allowing them to take custody of their own funds. The wallet Includes MPC technology which allows users to easily recover access to their wallet independently, removing the need for traditional, 'written down' seed phrasesDEX: A cross-chain decentralized exchange which aggregates nearly 200 other DEXs, with 200,000+ coins on more than 10 blockchains available.NFT Marketplace: A multi-chain, zero-fee NFT marketplace that gives users access to NFT listings across seven top-tier marketplaces including OpenSea, MagicEden, LooksRare and Blur.Web3 DeFi: A powerful DeFi platform that supports earning and staking on 80 protocols across 15 chains.OKX partners with a number of the world's top brands and athletes, including: English Premier League champions Manchester City F.C., McLaren Formula 1, The Tribeca Festival, Olympian Scotty James, and F1 driver Daniel Ricciardo.As a leader building innovative technology products, OKX believes in challenging the status quo. The company recently launched a global brand campaign entitled, The System Needs a Rewrite, which advocates for a new paradigm led by Web3 self-managed technology.To learn more about OKX, download our app or visit: okx.comDisclaimerThe information displayed is strictly for educational and informational purposes only. It does not constitute and shall not be considered as an offer, solicitation or recommendation, to deal in any products (including any NFT or otherwise), or as financial or investment advice. Both OKX Web3 Wallet and OKX NFT Marketplace are subject to separate terms of service at [email protected]
279 days agocryptodaily
Animoca Brands Investing $30M in hi, Forming Tactical Partnership
Web3 financial super app “hi” and Animoca Brands have entered a strategic partnership, with Animoca investing $30 million in hi. The partnership will see Animoca invest $30 million into hi, with the venture collaborating on several new initiatives. hi, the Web3 financial super app and ecosystem, and Animoca Brands, the company advancing digital property rights for gaming and the metaverse, have teamed up by entering into a memorandum of understanding (MoU) for a strategic partnership. Part of the partnership, subject to agreement of definitive terms, will see Animoca Brands invest $30 million in hi and collaborate on several new exciting initiatives. The companies’ shared vision aims to amplify the utility of fungible tokens and NFTs (non-fungible tokens) within the Web3 space. Hi and Animoca Will Provide Unique-Human Authentication Mechanisms The partnership will lead to deep integration between Animoca’s ecosystem and hi’s innovative services driving Web3 mass adoption. With a strong focus on boosting the hi ecosystem, anchored by the hi App – a cutting-edge financial super app for Web3 – and the hi Protocol (hiP) – a scalable, EVM compatible, Sybil-resistant layer-2 sidechain for Ethereum – the companies will work to provide developers with a unique-human authentication mechanism through hiP’s ground-breaking Proof of Human Identity (PoHI) solution. Animoca is an undisputed leader in the NFT space and, with such a reputation, will support hi’s vision to deliver real-world use cases for cryptocurrencies and utility tokens, allowing users to directly spend and be rewarded with specific tokens used in the Animoca ecosystem, including SAND, EDU, APE, REVV, GMEE, and others. In 2022, hi – with over 3.5 million users, of which 1 million are KYC-ed- announced the world’s first debit card featuring NFT avatar customization powered by Mastercard. With the first cards shipping in Q3 2023, eligible cardholders can personalize the face of their debit card with an NFT avatar they verifiably own and spend their fiat and digital currencies at more than 90 million locations worldwide. Animoca Brands’ portfolio companies will undoubtedly benefit from this unique customisation feature. Yat Siu, the co-founder and executive chairman of Animoca Brands, said: “We are looking forward to investing in and partnering with hi, which is committed to bridging the gap between the fiat and cryptocurrency worlds. As part of this partnership we will collaborate with hi on its continued development of the hi App and the hi Protocol to drive positive impact for the broader Web3 ecosystem.” Sean Rach, the co-founder of hi, commented on the partnership: “Hi is proud to work closely with Animoca Brands, especially given its experience in backing some of the earliest and most prominent Web3 companies. By teaming up with Animoca Brands, we will be able to boost the adoption of hi products and services, helping to drive mass adoption for blockchain technology.” About hi hi is building the world’s most user-friendly and functional app for crypto and fiat. It combines the functionality of a crypto exchange with a next-generation digital banking platform. The company provides members with an all-in-one service for savings, investments, payments, and lifestyle benefits. Almost 3.5 million people from 190+ markets have signed up for hi, and the hi App has been downloaded over 2 million times. Visit hi on Telegram, Twitter, Instagram, LinkedIn, or its website - hi.com. hi is Payment Card Industry Data Security Standards (PCI DSS) certified. hi has completed its registration as a Virtual Assets Service Provider (VASP) in Lithuania and registered as a Virtual Currency Operator with Italy’s payments services regulator, the Organismo Agenti e Mediatori (OAM). hi has also completed the pre-registration activities under the supervision of the Hong Kong Securities and Futures Commission (SFC) to secure its Virtual Asset Trading Platform license. Download the iOS App or Download the Android App. About Animoca Brands Animoca Brands, a Deloitte Tech Fast winner, a Fortune Crypto 40 company, and one of the Financial Times’ High Growth Companies Asia-Pacific 2023, is a leader in digital entertainment, blockchain, and gamification working to advance digital property rights and contribute to establishing the open metaverse. The company develops and publishes a broad portfolio of products, including original games such as The Sandbox, Phantom Galaxies, Life Beyond, Crazy Kings, and Crazy Defense Heroes, and products utilizing popular intellectual properties including Disney, WWE, Snoop Dogg, The Walking Dead, Power Rangers, MotoGPTM, and Formula E. It has multiple subsidiaries, including The Sandbox, Blowfish Studios, Quidd, GAMEE, nWay, Pixowl, Forj, Lympo, Animoca Brands Japan, Grease Monkey Games, Eden Games, Life Beyond Studios, Notre Game, TinyTap, Be. , PIXELYNX, and WePlay Media. Animoca Brands has a growing portfolio of over 450 Web3 investments, including Colossal, Axie Infinity, OpenSea, Dapper Labs (NBA Top Shot), Yield Guild Games, Harmony, Alien Worlds, Star Atlas, and others. 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.
280 days agocryptodaily
OKX Releases Industry Leading 9th Consecutive Proof of Reserves in July, Showing USD$11.3 billion in Primary Assets
HONG KONG, HONG KONG, July 26th, 2023, ChainwireOKX, a leading crypto exchange by trading volume and Web3 technology company, has published its industry-best ninth consecutive monthly Proof of Reserves (PoR), showing a balance of USD$11.3 billion in BTC, ETH and USDT.OKX's PoR covers 22 commonly used digital assets and demonstrates that OKX has maintained a reserve ratio exceeding 100% for nine consecutive months across all those assets. In addition to BTC, ETH and USDT, the assets included in OKX's PoR are: USDC, XRP, DOGE, SOL, OKB, APT, DASH, DOT, ELF, EOS, ETC, FIL, LINK, LTC, OKT, PEOPLE, TON, TRX and UNI.OKX stores the majority of its reserves in highly secure off-chain cold storage. It has seen hundreds of thousands of users engage with its PoR, visit its PoR page and view their self-audits since first launching its PoR page in late 2022.OKX's current reserve ratios are as follows:BTC: 103%ETH: 103%USDT: 103%OKX Global Chief Commercial Officer Lennix Lai said: "Public-facing disclosures of both reserves and liabilities are essential to ensure long-term accountability in our industry. However, point-in-time attestations of reserve holdings mean little—instead, sustained and consistent disclosures are needed. As the industry leader when it comes to monthly PoR reporting, with more consecutive monthly snapshots than any other top exchange, our commitment to transparency is unwavering."OKX will continue to publish its monthly PoR while providing a self-audit tool to all users. The open-source verification tool enables users to independently verify OKX's solvency and confirm their assets are backed by OKX reserves while maintaining their privacy.OKX has published over 210,000 addresses for its PoR program, and will continue to allow the public to view its asset flows.Users can view the latest PoR report, reserve ratios, and verify OKX's solvency here.For further information, please contact:[email protected] OKXOKX is a leading global crypto exchange and Web3 ecosystem. Trusted by more than 50 million global users, OKX is known for being the fastest and most reliable crypto trading app for traders everywhere.As a top partner of English Premier League champions Manchester City FC, McLaren Formula 1, Olympian Scotty James, and F1 driver Daniel Ricciardo, OKX aims to supercharge the fan experience with new engagement opportunities. OKX is also the top partner of the Tribeca Festival as part of an initiative to bring more creators into web3.Beyond OKX’s exchange, the OKX Wallet is the platform's latest offering for people looking to explore the world of NFTs and the metaverse while trading GameFi and DeFi tokens.OKX is committed to transparency and security and publishes its Proof of Reserves on a monthly basis.To learn more about OKX, download our app or visit: okx.comDisclaimerTHIS ANNOUNCEMENT IS PROVIDED FOR INFORMATIONAL PURPOSES ONLY. IT IS NOT INTENDED TO PROVIDE ANY INVESTMENT, TAX, OR LEGAL ADVICE, NOR SHOULD IT BE CONSIDERED AN OFFER TO PURCHASE, SELL, OR HOLD DIGITAL ASSETS. DIGITAL ASSETS, INCLUDING STABLECOINS, INVOLVE A HIGH DEGREE OF RISK, CAN FLUCTUATE GREATLY, AND CAN EVEN BECOME WORTHLESS. OKX IS NOT REGULATED BY THE FCA, THUS, PROTECTIONS SUCH AS THE FINANCIAL OMBUDSMAN SERVICE OR FINANCIAL SERVICES COMPENSATION SCHEME WILL NOT BE AVAILABLE. YOU SHOULD CONSIDER WHETHER YOU UNDERSTAND HOW CRYPTO WORKS AND WHETHER TRADING OR HOLDING DIGITAL ASSETS IS SUITABLE FOR YOU IN LIGHT OF YOUR FINANCIAL CONDITION. THE VALUE OF YOUR DIGITAL ASSETS, INCLUDING STABLECOINS, CAN INCREASE OR DECREASE AND PROFITS MAY BE SUBJECT TO CAPITAL GAINS TAX. PAST PERFORMANCE DOES NOT INDICATE FUTURE RESULTS. PLEASE CONSULT YOUR LEGAL/TAX/INVESTMENT PROFESSIONAL FOR QUESTIONS ABOUT YOUR SPECIFIC [email protected]
295 days agocryptodaily
US Lawmakers Call On SEC, DOJ To Investigate Prometheum
Six members of the United States Congress have called on the Department of Justice (DOJ) and the United States Securities and Exchange Commission (SEC) to investigate crypto firm Prometheum. The members have alleged that the firm has close ties with the Chinese Communist Party (CCP). Republicans Step Up Attack On Prometheum The Republican members of Congress stated that the firm’s co-CEO, Aaron Kaplan, may have potentially given false testimony during a Jun. 13 hearing on regulatory clarity in the crypto space. They also alleged that the company may have violated securities laws. The lawmakers stated in a letter written on Jul. 10, stating, “We write to express great concern that Prometheum Inc. (Prometheum) may have provided false testimony to Congress or violated United States securities laws.” The lawmakers further claimed that Prometheum was connected with investors that had close ties with the Chinese Communist Party (CCP), the Shanghai Wanxiang Blockchain and HashKey Digital Asset Group. The group of lawmakers, led by Alabama Senator Tommy Tuberville, called on Securities and Exchange Commission Chair Gary Gensler and Attorney General Merrick Garland to look into the matter. Apart from Tuberville, the letter was signed by Laine Luetkemeyer, R-Miss., Barry Loudermilk, R-Ga., Ralph Norman, R-S.C., Byron Donalds, R-Flor., and Mark Alford, R-Missouri. What Did Kaplan Say? On Jun. 13, Kaplan, the co-founder, and co-CEO of Prometheum, appeared before the US House to discuss regulatory clarity in the crypto space. During the hearing, Kaplan had argued that multiple frameworks put out by the Securities and Exchange Commission had laid out a clear path for crypto firms operating in the United States. Kaplan went so far as to call the Securities and Exchange Commission “the most capable financial markets regulatory agency in the world.” However, what caught the attention of Republican lawmakers were allegations that the company had links with the Chinese Communist Party. Tuberville alleged that Kaplan, during his testimony, had said that Prometheum was developed independently of Wanxiang and HashKey. Kaplan stated in his testimony, "In December 2018, as part of the investment from Hashkey into Prometheum, Prometheum, and Wanxiang agreed to jointly develop a blockchain trading system. Thereafter, in approximately one (1) year, it became clear to Prometheum that joint development was not viable. Upon such realization, Prometheum started to independently develop its own platform. All servers, code, data, and proprietary technology were created independently of Wanxiang and its affiliates. Prometheum does not use any resource, code, or other assets from Wanxiang or its affiliates in any of its systems." According to Kaplan, Prometheum terminated all strategic relationships with Shanghai Wanxiang Blockchain in October 2021. “Prometheum formally terminated all co-development work and strategic relationships with Shanghai Wanxiang Blockchain and its affiliates in October 2021 in an Omnibus Agreement, which was filed with the SEC in November 2021.” However, lawmakers alleged that this contradicted the information that the firm had provided in filings with the SEC, stating that Prometheum still relied on the HashKey partnership, as shown by the SEC filings from 2020-2021. Furthermore, they questioned why Prometheum did not make clear in the filings that the company was developing its own technology platform, entirely independent of its Chinese partners. The senators have yet to give the Securities and Exchange Commission and the Department of Justice a deadline to respond but have said they hope to hear from them soon. Prometheum Responds While Kaplan has not commented on the developments so far, a Jun. 23 op-ed by Kaplan and co-CEO Benjamin Kaplan has claimed that Tuberville’s concerns regarding Prometheum and its alleged ties to China were without merit and relied on old information. “We formally terminated all co-development work and strategic relationships with Wanxiang and its affiliates on Oct. 21, 2021. Prometheum has severed all intellectual property and technology ties to Wanxiang, giving it and its affiliates no access to any information that could expose the U.S. or its citizens to risk.” Concerns About China Republican lawyers have consistently raised concerns about companies having ties with China-based entities or its government when it came to laws and regulations regarding digital assets. Minnesota Rep Tom Emmer and Former Senator Pat Toomey had issued warnings about the use of China’s Digital Yuan during the Beijing Winter Olympics. The current letter to the Securities and Exchange Commission and the Department of Justice comes a month after Tuberville brought forward a bill to ban companies from China from acquiring a stake in American digital asset companies. The bill was co-sponsored by Sen. Kristen Gillibrand, D-N.Y. 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.
300 days agocryptodaily
OKX to Launch Signal Trading Platform, Empowering Traders with High-Quality Signals and Seamless Execution
Dubai, UAE, July 6th, 2023, ChainwireOKX's Signal Trading is a trading bot and marketplace that bridges the gap between signal providers and tradersSignal Trading will be integrated with TradingView, enabling signal providers and traders to create signals directly on the leading charting platformA pre-launch waitlist is available now for signal providers and institutionsOKX, the world's second-largest crypto exchange by trading volume and a leading Web3 technology company, has announced the upcoming launch of Signal Trading, a marketplace where users can access automated trading strategies based on technical analysis, or 'signals,' which indicate whether to buy or sell crypto.The marketplace, set to launch in August-September 2023, will allow users to choose from a range of signal providers, including institutions and pro traders. Interested users and signal providers can sign up to the waitlist to be the first to receive updates and access.Signal Trading will be integrated with TradingView, enabling signal providers and traders to create signals directly on the charting platform, as well as specify the desired action, instrument and other parameters associated with that particular trading signal. With Signal Trading, users can access, follow and copy signals without manual execution, saving time and effort.Advantages for signal providers include:Expansion opportunities by listing signals on OKX's Signal Trading, giving them access to a marketplace of over 50 million tradersIntegrated with TradingView, a leading platform for generating signalsIn many cases, a significant reduction in latency and costs typically associated with listing signals on third-party platformsAdvantages for signal traders include:Avoidance of subscription fees associated with third-party platformsIn many cases, a significant reduction in latency issues that are prevalent on third-party platformsTrust and reliability of using one of the world's leading crypto exchangesA wide variety of signal providers to choose from and compareOKX Global Chief Commercial Officer Lennix Lai said: "OKX Signal Trading will further improve users' trading experience on OKX by providing access to a diverse range of high-quality signals from top providers, reducing manual entry errors and unlocking a world of trading opportunities for traders. With advanced algorithms, real-time market data and a diverse range of signal providers available, Signal Trading will be the ultimate solution for those seeking to elevate their trading game and connect with a global community of traders."About OKXOKX is the second-largest global crypto exchange by trading volume and a leading Web3 ecosystem. Trusted by more than 50 million global users, OKX is known for being the fastest and most reliable crypto trading app for traders everywhere.As a top partner of English Premier League champions Manchester City FC, McLaren Formula 1, Olympian Scotty James and F1 driver Daniel Ricciardo, OKX aims to supercharge the fan experience with new engagement opportunities. OKX is also the top partner of the Tribeca Festival as part of an initiative to bring more creators into web3.Beyond OKX’s exchange, the OKX Wallet is the platform's latest offering for people looking to explore the world of NFTs and the metaverse while trading GameFi and DeFi tokens.OKX is committed to transparency and security and publishes its Proof of Reserves on a monthly basis.To learn more about OKX, download our app or visit: okx.comDisclaimerThis announcement is provided for informational purposes only. It is not intended to provide any investment, tax, or legal advice, nor should it be considered an offer to purchase, sell, hold or offer any services relating to digital assets. Digital assets, including stablecoins, involve a high degree of risk, can fluctuate greatly, and can even become worthless. You should carefully consider whether trading or holding digital assets is suitable for you in light of your financial condition and risk tolerance. OKX does not provide investment or asset recommendations. You are solely responsible for your investment decisions, and OKX is not responsible for any potential losses. Past performance is not indicative of future results. Please consult your legal/tax/investment professional for questions about your specific [email protected]
306 days agocryptodaily
OKX Named Official Sleeve Partner Of Manchester City In Expansion Of Partnership
Manchester, UK, June 30th, 2023, ChainwireManchester City and OKX, one of the leading crypto exchanges by trading volume and a leading Web3 technology company, today announced OKX as the Club’s Official Sleeve Partner in a new multi-year agreement.As part of the expanded deal, the OKX brand will feature on the left sleeve of both the men’s and women’s first team playing kits and will retain its position on the left sleeve of the first team training kits, in addition to appearing across further digital and physical club assets.OKX's partnership with Manchester City began in March 2022, first expanding in July 2022 to become the Club’s Official Training Kit Partner for the 2022/23 season. To date, the partnership has helped introduce the brand to millions of football fans around the world through innovative Web3 experiences like the OKX Collective, through which fans can get up-close-and-personal with Manchester City players and OKX Ambassadors such as Jack Grealish and Alex Greenwood.The partnership expansion was unveiled at an exclusive reveal at the Etihad Stadium featuring City Football Group Chief Executive Officer Ferran Soriano and OKX Global Chief Marketing Officer Haider Rafique. As part of the event, the sleeve was unveiled in a 'virtual reveal' with a hero video featuring player avatars. Manchester City legend Gaël Clichy was also in attendance for a media Q&A.In a session moderated by Manchester City presenter Natalie Pike, Rafique and Soriano spoke about OKX's vision of reaching City fans around the world through the partnership. They also discussed the role Web3 technology can play in fan engagement, especially when it comes to designing engaging, immersive experiences for fans.Ferran Soriano, Chief Executive Officer at City Football Group, said: "We are very proud to have OKX represented on the sleeve of the Manchester City shirt. Both OKX and Manchester City are leading companies driven by a passion for innovation. We have already seen great Web3 experiences designed by OKX for Manchester City’s global fan base and there will be many more to come. This is a very exciting partnership.”Haider Rafique, CMO at OKX, said: "The journey with the Man City team has been incredible. Manchester City was our first official global brand partnership and in just a year and a half we have come a long way. We always intended to integrate with the sport and help the Club lead on leaning into Web3. Fast forward fifteen months, we now have a metaverse, an NFT initiative and a number of other new projects that we are excited about.The sleeve partnership brings us closer to City fans across the globe, and we look forward to collaborating to create unique, exciting and innovative engagements through Web3 technology. As the Club's Official Cryptocurrency Exchange Partner, fans can expect amazing things every time they interact with OKX."About OKXOKX is a world-leading technology company building the future of trading and Web3. Its leading self-custody solutions include the Web3-compatible OKX Wallet, which allows users greater control of their assets while expanding access to DEXs, NFT marketplaces, DeFi, GameFi and thousands of dApps.OKX partners with a number of the world’s top brands and athletes, including: English Premier League champions Manchester City F.C., McLaren Formula 1, The Tribeca Festival, Olympian Scotty James, and F1 driver Daniel Ricciardo.OKX is committed to transparency and security and publishes its Proof of Reserves on a monthly basis.To learn more about OKX, download our app or visit: okx.comAbout Manchester City Football ClubManchester City FC is an English Premier League club initially founded in 1880 as St Mark’s West Gorton. It officially became Manchester City FC in 1894 and has since then gone onto win the UEFA Champions League, European Cup Winners’ Cup, nine League Championship titles, seven FA Cups and eight League Cups. Manchester City FC is one of 13 clubs comprising the City Football Group.Under manager Pep Guardiola, one of the most highly-decorated managers in world football, the Club plays its domestic and UEFA Champions League home fixtures at the Etihad Stadium, a spectacular 53,500 seat arena that City has called home since 2003. Today, the stadium sits on the wider Etihad Campus, which also encompasses the City Football Academy, a state-of-the-art performance training and youth development facility located in the heart of East Manchester. Featuring a 7,000-capacity Academy Stadium, the City Football Academy is also where Manchester City Women’s Football Club and the Elite Development Squad train on a daily basis and play their competitive home games.DisclaimerOKX IS NOT REGULATED BY THE FCA, THUS, PROTECTIONS SUCH AS THE FINANCIAL OMBUDSMAN SERVICE OR FINANCIAL SERVICES COMPENSATION SCHEME WILL NOT BE AVAILABLE. YOU SHOULD CONSIDER WHETHER YOU UNDERSTAND HOW CRYPTO WORKS AS THE VALUE OF YOUR ASSETS, INCLUDING STABLECOINS, CAN INCREASE OR DECREASE AND PROFITS MAY BE SUBJECT TO CAPITAL GAINS TAX. PAST PERFORMANCE DOES NOT INDICATE FUTURE [email protected]
372 days agocryptopotato
Animoca Brands and Lympo Partner UFC Champ Rose Namajunas on Digital Sports Memorabilia Collector’s Challenge
[PRESS RELEASE – Vilnius, Lithuania, April 25th, 2023] Animoca Brands, the company advancing digital property rights for gaming and the metaverse, and its subsidiary Lympo, a leading global sports NFT ecosystem, announced today a partnership with the Ultimate Fighting Championship (UFC) champion Rose Namajunas to provide a digital memorabilia collecting challenge called “Build Your Own […]
2403 days agocryptodaily
Is Sweden Set To Become The First Cashless Society?
Despite launching a new set of bank notes just last year, Sweden is now in the running to become the first entirely cashless society. This should not come as a complete shock, as according to research carried out by Visa, cards are the main form of payment, with the public using them three times more often than the average European. Swedish buses for example, have not taken cash for a number of years, and you cannot use cash to pay for metro tickets. Even more so, by law, retailers have the right to refuse coins and bank notes. So, what does this mean for crypto? Well, for the most, this is seen as very good sign for digital currencies, namely Bitcoin; however, it does bring an element of privacy concerns, due to the fact that every transaction is monitored and surveyed. Many feel that it could see a huge increase in Bitcoin investments, as fewer and fewer establishments accept cash that more people will turn to other forms of virtual currency. According to the Central Bank, Riksbank, cash transactions made up just 2% of all payments made in Sweden for the entire year, and they predict that this figure will simply keep dropping, until eventually, they will become a completely cashless society, which is estimated to happen within five years. Over half of Swedish bank branches no longer keep cash, or will even accept cash deposits, and many areas no longer have ATM’s. The circulation of Swedish Krona has fallen from 106 billion to just 80 billion in seven years. One of the main benefits for turning to Bitcoin as a solution is that it does not requires its users to have a bank account, like other forms of cashless payments do. Users can spend their money anonymously, increasing security and privacy, which is again, an improvement over other forms of cashless payments. Are there any profits to going cashless? The use of cash lacks harvestable personal data, and has to be physically managed. Not only does this take more time, it also means that companies make no profit from the use of cash at all. This is one of the main reasons for Sweden leading the way in cashless transactions. Due to the aforementioned decline in cash, particularly from banks in the country, the Central Bank was left wondering whether it would be more beneficial to introduce a digital form of government backed money, and Bitcoin is the leading choice for a solution. Completely cashless society? We have already mentioned that Sweden is partly there when it comes to operating a cashless society. Cards are the main form of payment, along with Swish, which is a mobile app that uses phone numbers to allow anyone with a smartphone to transfer money from one bank account to another. Despite this raising a number of security and privacy concerns, it has proven to be a very popular way of paying for items. Although Sweden is fast becoming the first country to become completely cashless, other Scandinavian countries are quickly following suit. The Chamber of Commerce of Denmark has already proposed that the majority of retailers should ensure that all financial transactions are carried out electronically in order to eventually ban cash. The Danish Government have even set themselves a deadline of 2030 to completely eliminate paper money. What comes next? We have already seen that other Scandinavian countries are following suit, but what is next for others? Is the UK likely to follow? Like many other countries the UK has seen card, and contactless transactions are increasing, seeing a raise of 200 percent in just one year alone; however, cash is still heavily relied upon, and it would be harder to introduce a completely digital currency, as on average, 2.2 million people still rely exclusively on cash for everyday transactions. It has also just released new polymer bank notes, perhaps suggesting that cash is very much here to stay, for the UK at least. Reference and Further Reading: • The Coin Telegraph; Sweden Poised to Become Leading Scandinavian Cashless Society Through Bitcoin • The Guardian; Sweden leads the race to become cashless society • Forbes; Cashless Society: Is This What An ‘E-Krona’ In Sweden Could Look Like? • Independent; If Sweden becomes the first cashless society, could the UK be next? • BBC; Why Sweden is close to becoming a cashless economy • The Local; Sweden predicted to be a cashless society by 2030
2403 days agocryptodaily
Is Sweden Set To Become The First Cashless Society?
Despite launching a new set of bank notes just last year, Sweden is now in the running to become the first entirely cashless society. This should not come as a complete shock, as according to research carried out by Visa, cards are the main form of payment, with the public using them three times more often than the average European. Swedish buses for example, have not taken cash for a number of years, and you cannot use cash to pay for metro tickets. Even more so, by law, retailers have the right to refuse coins and bank notes. So, what does this mean for crypto? Well, for the most, this is seen as very good sign for digital currencies, namely Bitcoin; however, it does bring an element of privacy concerns, due to the fact that every transaction is monitored and surveyed. Many feel that it could see a huge increase in Bitcoin investments, as fewer and fewer establishments accept cash that more people will turn to other forms of virtual currency. According to the Central Bank, Riksbank, cash transactions made up just 2% of all payments made in Sweden for the entire year, and they predict that this figure will simply keep dropping, until eventually, they will become a completely cashless society, which is estimated to happen within five years. Over half of Swedish bank branches no longer keep cash, or will even accept cash deposits, and many areas no longer have ATM’s. The circulation of Swedish Krona has fallen from 106 billion to just 80 billion in seven years. One of the main benefits for turning to Bitcoin as a solution is that it does not requires its users to have a bank account, like other forms of cashless payments do. Users can spend their money anonymously, increasing security and privacy, which is again, an improvement over other forms of cashless payments. Are there any profits to going cashless? The use of cash lacks harvestable personal data, and has to be physically managed. Not only does this take more time, it also means that companies make no profit from the use of cash at all. This is one of the main reasons for Sweden leading the way in cashless transactions. Due to the aforementioned decline in cash, particularly from banks in the country, the Central Bank was left wondering whether it would be more beneficial to introduce a digital form of government backed money, and Bitcoin is the leading choice for a solution. Completely cashless society? We have already mentioned that Sweden is partly there when it comes to operating a cashless society. Cards are the main form of payment, along with Swish, which is a mobile app that uses phone numbers to allow anyone with a smartphone to transfer money from one bank account to another. Despite this raising a number of security and privacy concerns, it has proven to be a very popular way of paying for items. Although Sweden is fast becoming the first country to become completely cashless, other Scandinavian countries are quickly following suit. The Chamber of Commerce of Denmark has already proposed that the majority of retailers should ensure that all financial transactions are carried out electronically in order to eventually ban cash. The Danish Government have even set themselves a deadline of 2030 to completely eliminate paper money. What comes next? We have already seen that other Scandinavian countries are following suit, but what is next for others? Is the UK likely to follow? Like many other countries the UK has seen card, and contactless transactions are increasing, seeing a raise of 200 percent in just one year alone; however, cash is still heavily relied upon, and it would be harder to introduce a completely digital currency, as on average, 2.2 million people still rely exclusively on cash for everyday transactions. It has also just released new polymer bank notes, perhaps suggesting that cash is very much here to stay, for the UK at least. Reference and Further Reading: • The Coin Telegraph; Sweden Poised to Become Leading Scandinavian Cashless Society Through Bitcoin • The Guardian; Sweden leads the race to become cashless society • Forbes; Cashless Society: Is This What An ‘E-Krona’ In Sweden Could Look Like? • Independent; If Sweden becomes the first cashless society, could the UK be next? • BBC; Why Sweden is close to becoming a cashless economy • The Local; Sweden predicted to be a cashless society by 2030

About Lympo?

The live price of Lympo (LYM) today is 0.002785 USD, and with the current circulating supply of Lympo at 826,672,979.02 LYM, its market capitalization stands at 2,302,230 USD. In the last 24 hours LYM price has moved -0.000036 USD or -0.01% while 23,532 USD worth of LYM has been traded on various exchanges. The current valuation of LYM puts it at #1281 in cryptocurrency rankings based on market capitalization.

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

Lympo Price0.002785 USD
Market Rank#1281
Market Cap2,302,230 USD
24h Volume25,247 USD
Circulating Supply826,672,979.02 LYM
Max SupplyNo data
Yesterday's Market Cap2,308,977.25 USD
Yesterday's Open / Close0.002829 USD / 0.002793 USD
Yesterday's High / Low0.002864 USD / 0.002689 USD
Yesterday's Change
-0.01% ( 0.000036 USD )
Yesterday's Volume23,531.96 USD
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