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Optimism price, market cap on Coin360 heatmap

Optimism(OP)

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$1.6514
(-7.25%)
0.00006663 BTC
Market Cap (Rank#116)
$387,658,341
15,641 BTC
Vol 24h
$199,353,777
8,043 BTC
Circulating Supply
234,748,364
Max Supply
?
1h agocryptodaily
Tezos Is Gaining Traction In DeFI, NFTs & More
Following a busy summer that saw Tezos host its annual developer conference in Paris shortly after welcoming USDT into its fold, the blazing fast, energy friendly blockchain network is enjoying rapid traction in both the NFT and the DeFi spaces. The TEZ/DEV conference, which wrapped up on July 23, provided us with an in-depth look at the reasons why an increasing number of projects are looking to build on the Tezos blockchain. Tezos is well known for being one of the most environmentally-friendly blockchains around with an incredibly low carbon footprint, but few are aware of its blazing-fast transaction speed. Tezos can currently process an already impressive 40 transactions per second but it has ambitions to go far faster than that. At TEZ/DEV, it announced plans for a coming update due next year that will see it accelerate to an incredible 1 million transactions per second - making it by far and away the fastest decentralized network on the planet. To get an idea of how much faster that is than anyone else, Visa itself can only process around 65,000 transactions per second. This incredible speed target of Tezos is one of the reasons why some analysts believe Tezos could eventually become the gold standard for blockchain-based finance. A report by the Bank of America last year noted that Tezos is being explored by dozens of organizations that are looking at ways to make their business processes run faster and more efficiently. The report added that in terms of developer interest, Tezos is one of the most popular of all blockchains. In his keynote speech at TEZ/DEV, Tezos co-founder Arthur Breitman discussed his vision of the kinds of organizations he sees building on Tezos, highlighting his belief that it will become the platform of choice for financial services firms. DeFi on Tezos is already growing fast, thanks in part to the recent launch of Tether USD on its blockchain. With USDT now available on Tezos, it vastly simplifies the on-ramp and off-ramp into Tezos's DeFi ecosystem as it provides users with the safe-haven of a stable asset from which they can move into, and out of, positions. The DeFi community on Tezos has moved quickly to embrace USDT. Within hours of its launch, the Youves DEX voted to create USDT trading pools, and currently offers USDT holders with long-term farming rewards of up to 15% APR. Another DeFi protocol to accept USDT is Plenty, which offers incredible long-term annual yields of 40% and 34%, respectively, in its kUSD/USDt and uUSD/USDt farms. Meanwhile at QuipuSwap, users have created a tez/USDt pool with similarly enticing rewards. Moreover, the Atomex Wallet has introduced atomic swaps with USDt on Tezos. The potential of Tether USD on Tezos was not lost by major cryptocurrency exchanges either, with both Binance and Bitfinex announcing they'll support trading almost immediately after its launch. The support of Binance is interesting because it opens the door to other stablecoins potentially looking at Tezos. Bitfinex has been especially accommodating, making it possible to deposit and withdraw USDT. What's more, all types of USDTs are unified for trading purposes, meaning users have the flexibility to deposit ERC-20 USDT, trade with it, then withdraw it on Tezos. Tezos Chief Technology Officer Paolo Ardoino said at the time that Tether USD was sure to aid Tezos's future ambitions. "Tezos is coming fast onto the scene and we believe that this integration will be essential to its long-term growth," he added. Elsewhere, Tezos continues to make rapid inroads in the NFT space. NFTs have been one of the biggest success stories for Tezos, due in part to its low carbon impact. Artists tends to be more environmentally conscientious than most and the appeal of Tezos's "clean NFTs" has made a big impact. Numerous high-profile artists have launched collections on its blockchain, among them Doja Cat. More recently, there have been rumors that Spotify is looking at using Tezos for its own music NFT projects. To give you an idea of where this might be headed, check out the OneOf music NFT marketplace on Tezos, where users can trade digital assets without even realizing that everything is based on blockchain technology. There are other reasons to believe in Tezos too, with recent partnerships and sponsorships with sports teams like Manchester United, the New York Mets, Red Bull Racing and McLaren providing tons of optimism for its future. These sponsorships will ensure Tezos benefits from greater visibility beyond its immediate audience and help it to continue to expand its horizons. 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
1h agocryptodaily
Crypto Daily - Crypto And Financial News 11/08/2022 Ripple Buying Celsius?
In Todays Headline TV CryptoDaily News: BitPay partners Cardlytics for cash back rewards. BitPay, the world’s largest provider of Bitcoin and cryptocurrency payment services, added a reward program to its BitPay Prepaid Card. Cardlytics, a cash-back rewards platform, is managing the rewards where the BitPay cardholder automatically receives cash back on purchases. Hackers have stolen $1.4 billion this year using crypto bridges. Crypto bridges, which link blockchain networks together, have become major targets for cybercriminals. A total of around $1.4 billion has been lost to breaches on cross-chain bridges this year, according to figures from blockchain analytics firm Chainalysis. Ripple Labs 'interested' in bankrupt crypto lender Celsius' assets. San Francisco-based blockchain payments company Ripple Labs Inc is interested in potentially purchasing assets of bankrupt crypto lender Celsius Network, according to a company spokesperson. BTC/USD exploded 2.9% in the last session. The Bitcoin-Dollar pair exploded 2.9% in the last session. The Stochastic indicator is giving a negative signal. Support is at 22289.6667 and resistance at 24337.6667. The Stochastic indicator is giving a negative signal. ETH/USD skyrocketed 7.5% in the last session. The Ethereum-Dollar pair skyrocketed 7.5% in the last session. According to the CCI, we are in an overbought market. Support is at 1599.2733 and resistance at 1841.3733. The CCI points to an overbought market. XRP/USD skyrocketed 2.6% in the last session. The Ripple-Dollar pair skyrocketed 2.6% in the last session. The MACD is giving a negative signal. Support is at 0.3499 and resistance at 0.3887. The MACD is currently in negative territory. LTC/USD skyrocketed 4.3% in the last session. The Litecoin-Dollar pair gained 4.3% in the last session after rising as much as 5.2% during the session. The Stochastic-RSI is giving a negative signal. Support is at 55.5833 and resistance at 64.6433. The Stochastic-RSI is currently in negative territory. Daily Economic Calendar: IE Consumer Price Index The Consumer Price Index is a measure of price movements made by comparing the retail prices of a representative shopping basket of goods and services. The Irish Consumer Price Index will be released at 10:00 GMT, Japan's Foreign Investment in Japan Stocks at 23:50 GMT, the US Continuing Jobless Claims at 12:30 GMT. JP Foreign Investment in Japanese Stocks Securities investment referrers to bonds issued in a domestic market by a foreign entity in the domestic market’s currency. US Continuing Jobless Claims The Counting Jobless Claims measure the number of individuals who are unemployed and are currently receiving unemployment benefits. JP Foreign Bond Investment The Foreign Bond Investment refers to bonds issued in a domestic market by a foreign entity in the domestic market’s currency. Japan's Foreign Bond Investment will be released at 23:50 GMT, the US Initial Jobless Claims at 12:30 GMT, the Irish HICP at 10:00 GMT. US Initial Jobless Claims The Initial Jobless Claims is a measure of the number of people filing first-time claims for state unemployment insurance. IE HICP The HICP is a measure of price movements or inflation harmonized across EU Member States. It is similar to the national Consumer Price Indices (CPI). 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.
1h agocryptodaily
Revolutionary Cryptocurrencies to Purchase: Carlossy Caterpillar, Binance Coin, and Bitcoin
Cryptocurrencies are an integral part of the current financial market. This goes to show the influence and popularity of blockchain technology. Almost every sector of the world's economy has been revolutionized by blockchain technology, and these three cryptocurrencies are doing a great job of contributing to the revolution: Carlossy Caterpillar (CARL), Binance Coin (BNB), and Bitcoin (BTC). Carlossy Caterpillar (CARL) In a world of cryptocurrencies, like Bitcoin (BTC) and Ethereum (ETH), that are revolutionizing major industries in the world, Carlossy Caterpillar (CARL) is a new cryptocurrency positioning itself in the decentralized community. During and after the pandemic, humans saw the need for relaxation and taking breaks. The lockdown brought about the realization of its effects on individual health and the collective well-being of society. As established earlier, cryptocurrency has found a place in most industries, and the area of entertainment is no exception, hence, the introduction of meme coins. Meme coins, as the name suggests, are cryptocurrencies that originated from a meme or a popular photo on social media. Carlossy Caterpillar (CARL) is a meme coin inspired by the popular chocolate roll cake sold by Mark & Spencer. CarlossyCaterpillar (CARL) will run on the Binance Smart Chain (BSC) and will be used to buy, trade, and stake other digital assets in the blockchain network. The Carlossy Caterpillar team hopes to integrate more people into blockchain technology by leveraging the growing interest in meme coins. Users who purchase the Carlossy Caterpillar token with Binance Coin (BNB) on the Binance Smart Chain (BSC) will receive a 20% bonus for using BNB. Binance Coin (BNB) Initially, based on the Ethereum blockchain as an ERC-20 token, Binance Coin (BNB) is now the native cryptocurrency of the Binance Smart Chain (BSC). With over one million transactions per second, Binance is considered the largest exchange platform globally. The Binance Coin (BNB) is used for all operations on Binance, including trading, payment of transaction fees, and collection of loans. The Binance Coin (BNB) is similar to how Ether (ETH) works on the Ethereum blockchain. The coin, unlike other cryptocurrencies, cannot be mined. Binance makes sure the Binance Coin (BNB) has a limited supply by using 20% of its profits to repurchase BNB and burn them quarterly. Bitcoin (BTC) Being the standard cryptocurrency that first outlined the concept of blockchain, Bitcoin (BTC) is a purely peer-to-peer payment mechanism that allows direct payments from one party to another in a decentralized manner. The creation of Bitcoin (BTC) brought about the emergence of every known cryptocurrency and has been considered the future of finance. The cryptocurrency is mined by users who give computing power for the verification of transactions on the blockchain. These miners receive Bitcoin (BTC) in exchange. Bitcoins (BTC) are lines of code that are stored in a wallet online or offline; on a hard drive. The cryptocurrency can be bought and sold by anyone who has access to the internet. Bitcoin (BTC) is gradually gaining acceptance from major companies and even countries around the world. Hosting more than 200,000 transactions daily, Bitcoin (BTC) has begun a financial revolution that is growing. Carlossy Caterpillar (CARL), Binance Coin (BNB), and Bitcoin (BTC) are cryptocurrencies rapidly changing the world for good with their constant development. To find more information on Carlossy Caterpillar (CARL), visit: Presale: http://carl.carlossy.io/presale Website: http://carlossy.io/ Telegram: https://t.me/CarlossyCaterpillarOfficial 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
1h agocoindesk
Crypto’s Downturn Makes Space for Education and Regulation
Investors can still become early adopters before crypto reaches full maturity.
1h agocryptodaily
Bitcoin And Ethereum Believers Are Looking For New Projects - Is Persystic On Their Radar?
2022 has not been the best year for cryptocurrencies as yet. Several events, such as the Terra Luna collapse and the recent crypto crash, had a significant impact on the crypto community and beyond it. Even though the market crash is considered a normal part of the bear and bull market cycles, for a lot of crypto newbies, the crash had a negative effect that was too much to handle. Additionally, the crypto industry lost over two-thirds of its value in just a couple of months. However, despite all the losses, many experienced crypto investors are now holding onto their major investments in Bitcoin (BTC) and Ethereum (ETH) but also intend to expand their portfolios by adding riskier yet potentially rewarding alternative cryptocurrencies. Does Persystic (PSYS) have what it takes to get onto the radar of experienced crypto enthusiasts? Is Bitcoin (BTC) On The Path Of Recovery? July became Bitcoin’s best month in 2022 as yet, since it closed the month with a 17% surge. After a few devastating months, Bitcoin finally overcame the line of $20,000 and has since been trading above it. The bullish movement over the past few weeks has led crypto enthusiasts to wonder what’s next for the crypto market leader. While typically, August and September months are more likely to be in the bear territory as per historical performance, the sentiment in the crypto community is finally past the negative phase. Ethereum Merge Is Making The Headlines The upcoming Ethereum upgrade, referred to as the Ethereum Merge, is currently among the most discussed topics in the crypto community. This is closely related to the fact that its testing is happening this week, and further implementation is scheduled for the next month. Ethereum blockchain will transition from its proof-of-work (PoW) to proof-of-stake (PoS) consensus mechanism. The update will bring multiple benefits to the network, including reducing transaction costs, increasing scalability, and alsomaking the platform more environmentally friendly by over 99%. The transition to the PoS protocol has been deemed necessary because of the expansion of the Ethereum network, which resulted in several congestion issues and high gas fees. However, it has also raised negative feedback from some community members, which are not particularly excited about the upcoming merge. Persystic (PSYS) To Challenge Centralised Social Media Networks Persystic (PSYS) enters the crypto industry with a unique idea to improve the social media platforms and their features. Persystic will utilise blockchain technology to bring the best possibilities to the content creators and provide them with safe and secure ways of earning income. Being powered by Binance Smart Chain (BSC) will enable Persystic to run all operations smoothly and efficiently. The new project aims to revolutionise the social media industry by bringing a decentralised solution with superior functionality that will benefit the people rather than the corporations. Current centralised social media organisations own the content published by individuals on their platforms. This will change with the Persystic, as the new crypto project intends to ensure that all the content on the network rightly belongs to its creators. Many new crypto projects join the industry daily. However, not all of them are successful due to lack of utility or other issues. It is vital to examine and research potential investment options before making any further decisions. A thorough analysis of new projects may help eliminate the ones that are likely to fail in the competitive crypto market and will protect your investments. If you are interested in learning more about Persystic (PSYS), follow the links below to access more information. Presale: http://join.persystic.io/ Website: http://persystic.io/ Telegram: https://t.me/PersysticTokenOfficial 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
1h agocryptodaily
What Is The Vertochain Coin? Can This New Crypto Asset Beat Dogecoin And Near Protocol?
Blockchain technology was introduced as an innovation that would help to protect the user’s data and provide faster and cheaper transactions. Many developers used that technology to develop decentralized finance (DeFi) platforms and offer quick cryptocurrency exchange services. Many DeFiplatforms have struggled due to the high fees of mainstream blockchain networks. Therefore, an alternative solution was required and some new platforms promise to deliver affordable lending solutions with better security and low costs. These new platforms are frequently mentioned in cryptocurrency news, and we have chosen three of these tokens that have the potential to yield significant gains in the future. The three coins are: Vertochain(VERT), Dogecoin (DOGE), and Near Protocol (NEAR). Vertochain is a Binance Smart Chain based DeFi Platform Promising Faster Transaction Validation Vertochain is a new decentralized finance platform. It was created to facilitate simpler access to cryptocurrency assets published on different blockchain networks. This platform aims to speed up the adoption of cryptocurrencies across the globe by overcoming issues faced by popular decentralized finance platforms. Vertochain aims to reduce transaction fees near zero to increase crypto exchange volumes. It claims to achieve that goal by utilizing the latest technologies available for dAppsand DeFi. This platform will combine expert smart contract services with DeFi’s latest features to revolutionize the cryptocurrency industry. It will try to meet all those goals without compromising on security. Vertochain will initially facilitate peer-to-peer trading. It will draw users seeking a platform to swap digital assets across Binance Smart Chain, Tezos, Avalanche, Solana, and Ethereum blockchains. This new decentralized finance platform will enable liquidity provision, multi-chain farming, and yield farming. Users will access those features at the most reasonable rates. Besides, the Vertochain community will govern the platform. It will propose, vote, and carry out necessary changes to improve the platform’s credibility. The Vertochain team is currently working on the user interface to deliver a seamless user experience. This platform will offer all services and features with a simple interface design to encourage more users to participate in crypto trading and token swapping. The VERT Token will act as the native currency on the Vertochain platform and will act as a ticket to access DeFiservices. All the community perks and special roles will be rewarded to VERT token holders. Vertochain will offer several tasks in a gamified way to encourage quicker adoption of the new token. Users will seek special roles to gain rewards and it may boost the VERT Token’s adoption in the crypto community. The VERT Token will be made available for purchase through a presale and could potentially generate handsome returns in the future as it gets listed on mainstream platforms. Dogecoin whale transactions register a spike of 45% Dogecoin was initially intended to be a joke or meme cryptocurrency, but it has since grown immensely popular and is now frequently used for cheaper transactions. The number of whale transactions has registered an increase of 45% in the past few days and the rising volumes could soon start a rally. The DOGE Token has received a lot of support from advocates of open source technologies. DOGE Token helps in processing transactions quickly and at lower costs than traditional financial institutions. The community is also known for supporting many charitable causes across the world. Near Protocol utilizes Nightshade to resolve the scalability problem Near Protocol is one of the newly introduced blockchains. This network uses cutting-edge sharding technology, known as Nightshade. It allows this blockchain to overcome the scalability issue efficiently. This platform was developed as a decentralized cloud computing platform to host dApps. Near Protocol-based DeFis and dApps can fetch ERC-20 tokens from the Ethereum blockchain without payment of expensive transaction fees. Such features make Near Protocol quite beneficial for crypto traders and developers. NEAR Token is the native cryptocurrency of this platform. Users need this token to pay data storage and transaction fees on the Near Protocol network. VertoChain (VERT) Presale: https://up.vertochain.io Website: http://vertochain.io/ Telegram: https://t.me/VertoChainOfficial 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
1h agocryptodaily
CALDANCE to Revolutionize the Fitness2Earn Landscape
Singapore, Singapore, 11th August, 2022, Chainwire CALDANCE, a blockchain-based fitness project, just completed the first pre-sale of its hardware and sold 500 units for $400,000. Their fitness-to-earn model aims to reward fitness freaks for burning calories. The GameFi and Social Fi platforms will allow players to earn NFTs for fitness equipment, virtual athlete characters, and sports equipment. CALDANCE is backed by the founder of Bobcat Miner, Yiming Wang. Founded in 2021, Bobcat Miner produces high-efficiency Helium LongFi compatible miner hotspots. It is the largest manufacturer of miner hotspots in the Helium blockchain project and has already sold more than 270,000 units worth over $100 million. Wang’s involvement in the CALDANCE project has increased their awareness in the Web 3.0 domain. The idea behind the project is relatively simple: interested users need to participate in the pre-sales of fitness and sports equipment, and NFT vouchers in order to obtain the CALDANCE Crypto Exercise bike which they have to link with the CALDANCE app slated to launch in less than a couple of months. Once linked, players can simply work out on the CALDANCE bike and start earning tokens. Players can even level up on the platform, and trade NFT characters and accessories. The first hardware pre-sale round was well received by private equity investors, hardware agents, and community users. The second round is due later in the month when more investors can get their hands on the CALDANCE fitness hardware. The CALDANCE Crypto Exercise bike is powered by a high-performance ARM Dual Core processor clocked at 1.5 Ghz. It also has 2 GB memory, 8 GB storage, Bluetooth 5.0, and WiFi. Moreover, it can be externally powered via a 24V/2A adapter. Apart from that, the bike is quite sturdy and can support weights up to 120 kg. The bike has been mass-produced and pre-sale participants can expect to receive the same by late October 2022. The first round of hardware pre-sale was very well-received by investors who swept it within minutes. This clearly indicates that CALDANCE’s fitness2earn idea is about to take the blockchain industry by storm. Interested users can participate in the second round of hardware pre-sale which will occur in late August 2022 and grab the CALDANCE Crypto Exercise bike. The CALDANCE app is currently in the internal testing phase but users might be able to test the app by September 2022. Once the app goes live officially in October 2022, players will just have to link their CALDANCE fitness equipment with the app in order to earn rewards. The project has been on point with its roadmap so far and they have already started selling their crypto exercise bike and NFT vouchers to the market. CALDANCE’s IDO/IEO fundraising is scheduled for the fourth quarter of 2022. Around the same time, the project is aiming to take their governance token, CDT (Calorie Dance Token), online. Future plans include partnerships with third-party fitness equipment brands, sports equipment catalog enhancements, and fitness content integration with virtual reality via Google Maps. While the initial response to the project has been favorable, it is expected to gain more attention with the second pre-sale campaign, app launch, and equipment deliveries to users. Overall, CALDANCE has been on a solid start to take the fitness2earn, GameFi, and SocialFi spaces by storm. About CALDANCE CALDANCE (Calorie Dance) is a blockchain-based fitness project which offers Web 2.0, Web 3.0, and fitness2earn products. Their aim is to reward fitness enthusiasts with crypto for exercising and burning calories. Users of the CALDANCE app can track their stats in real-time and progress towards their rewards as well as fitness goals. Also, the app allows users to withdraw their rewards to their crypto wallets. The GameFi and SocialFi platform also allows users to participate in community events like competing with friends, daily quests, and tournaments to earn prizes. Their crypto exercise bike allows users to stay on top of their fitness game and provides real-time data to the CALDANCE app. The platform allows users to earn crypto rewards in the form of NFTs for fitness equipment vouchers, sports equipment, as well as virtual athlete characters. For media and press-related inquiries, please contact [email protected] For more information, please visit https://caldance.io/ Get the latest updates from CALDANCE by following their social media handles on Discord, Instagram, and Twitter.ContactsCEOJames [email protected]
2h agocryptodaily
Seedify makes a “Bonus Snapshot” Airdrop available for its upcoming token eligibility
In case you missed the first snapshots, Seedify $SFUND stakers and farmers have been given an additional (and final) opportunity to receive more $SNFTS before the airdrop that will take place on the 21st of August 2022 on Seedify’s NFT Launchpad. The token will be used in Seedify’s NFT marketplace and in NFT launches on Seedify’s NFT launchpad. Seedifyis a blockchain gaming and NFT-focused incubator and launchpad ecosystem, empowering innovators and project developers through access to funding, community, and partnership building, and a full support system to help bring premier blockchain games, NFTs, and metaverses to its community. In less than a year, Seedify has grown to one of the industry’s largest launchpads, hosting over 50 successful token offerings (IGOs). Seedify recently celebrated the successful launch of Amazy, a Move-to-Earn project that sold out on Seedify’s IGO platform in under 60 seconds during the 2nd phase, achieving 34x on the listing price. $SFUND has been among the top 7 coins outperforming the market in July. Continuing its performance, within the last week, Seedify celebrated a number of accomplishments namely being listed as one of the top 10 fastest-growing coins on multiple charts, trending for 2 days on Coingecko and CoinMarketCap and being amongst the top socially active coins on the BSC and Polygon networks. Seedify has recently expanded into the NFT space with the launch of its NFT Launchpad. This is an additional value add and revenue generator for their community and will no doubt attract new members who are wanting to take advantage of the many opportunities associated with owning and minting NFTs on Seedify’s platform. $SFUND has been the best performing airdrop of 2021. Those members who held onto their initial $SFUND airdrops, as well as joined the 4 whitepaper quizzes, made 1100 $SFUND from the start. These initial airdrops saw on average a gain of $18 000 in value and a $350 Million market cap at the 2021 market all-time high. Details of the Bonus $SNFTS Snapshot for $SFUND stakers and farmers: Snapshot ratio: 1 $SFUND = 10 $SNFTS ratio. Snapshot of staking pools: Seedify will be taking snapshots only from the longer period staking pools, namely 180, 90, 60 and 30-day staking pools. Snapshot of farming pool: There will be a snapshot of the farming pool however this will only be available to those who have been farming before 08 August 2022 so as to disincentivize people from joining the farming pool just to get the benefit of the snapshot with a low lock duration. Farmers who want to instead join staking pools can do so, as the $SNFTS snapshots will be at the bonus snapshot date and time. Farmers who want to stay farming will be eligible for the snapshot. Snapshot date: The snapshot will take place at 11:11 pm UTC on the 15th of August 2022. About $SNFTS $SNFTS is Seedify’s NFT token, this is paired with $SFUND, Seedify’s native token meaning that in order to farm and earn rewards with $SNFTS you would need to hold $SFUND. Through cultivating farming rewards and high liquidity on $SFUND - $SNFTS pairs, Seedify’s goals are to gain higher volumes for both coins, to better entrench themselves within the ecosystem, to unlock shared utilities and to ensure mutual growth between the coins. You can also stake your $SNFTS instead of farming, and still earn passive income. Seedify is planning a reach of at least 100 000 unique NFT community members with the $SNFTS airdrop. There is also a very prominent, auto-burning mechanism engrained within $SNFTS, as well as an auto-$SFUND buy-back mechanism. The utilities and advantages of holding $SNFTS include the following: Whitelist allocations on NFT launches through Seedify’s NFT Launchpad. 50% commission fee reduction in the upcoming Seedify NFT Marketplace. Better RNG rates for the random NFT drop chances when buying or selling. Funding the treasury for collaborations, marketing, NFT drops, and expansions. The burning mechanism for $SNFTS, and the buyback mechanism for $SFUND. Random NFT drops for those trading in the Seedify NFT marketplace. Passive income through staking and farming. The $SNFTS airdrop will take place on the 21st of August 2022 and will be claimable on Seedify’s website. To learn more about Seedify, please refer to the following links: Website Twitter Telegram announcement Telegram chat Medium Disclaimer: This is a sponsored press releaseand 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.
2h agocryptopotato
Ethereum PoW Proponents Vow to Abolish EIP-1559
Billions are at stake as Ethereum readies for the much-awaited transition. But not all are happy.
3h agocryptopotato
CryptoPunks Trading Volume Soars 25% Overnight
Data shows that trading volume for CryptoPunks soared by some 25% in the past 24 hours alone, with punk #8576 being the most expensive sale during the period.
5h agocointelegraph
NFTs and intellectual property, explained
When you buy a nonfungible token, do you automatically get intellectual property rights? Well… it's complicated.
5h agocryptodaily
Buying Uniglo.io (GLO), Ethereum Classic (ETC) And Mina Protocol (MINA) Now Could Help You Reach Top Tier Wealth
The popularity of crypto has grown at an incredible rate in recent years, and many big players have entered the space in a bid to witness exponential growth. The retail is not far behind in chasing generational wealth made possible through investing in top-tier tokens like Uniglo, Ethereum Classic, and Mina Protocol. Let’s see what they have in store for you! Uniglo (GLO) Uniglo is a community-focused social currency backed by a wide range of assets, including rare NFTs, digitized art, and cryptocurrencies. A basket of valuable assets protect the floor price of a token that is designed to withstand volatile market conditions. This is made possible through a dedicated vault that is funded through taxation on each transaction. Uniglo embodies scarcity through an ultra-burn mechanism that involves leveraging profits to buy back GLO from the secondary market and burn them. This ensures long-term growth of the ecosystem as a whole, where every holder benefits from the growing strength of the treasury. Ethereum Classic (ETC) Ethereum Classic is an open-source decentralized platform that was created in 2016 after The DAO hack. It allows developers to create smart contracts without the involvement of a third party. Ever since the split happened, there have been numerous improvements and upgrades in an effort to become a global financial network with no central governance. Like other digital currencies, ETC will thrive as a store of value, and the recent surge in prices is evidence of how the asset will perform in the near future. Mina Protocol (MINA) Popularly known as the world’s lightest blockchain, Mina is building an infrastructure that provides security and privacy for Web 3 applications. The protocol is so small that it doesn’t even require third-party nodes for the network to run. Any user can quickly connect and conduct on-chain verification with complete privacy. The native currency of the blockchain, MINA is required to stake and participate in block production. Holders can also delegate their tokens to earn rewards in exchange for locking their assets. Compared to other blockchains, there’s no bonding or slashing period when it comes to staking MINA. Find Out More Here Join Presale: https://presale.uniglo.io/register Website: https://uniglo.io Telegram: https://t.me/GloFoundation Discord: https://discord.gg/a38KRnjQvW Twitter: https://twitter.com/GloFoundation1 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
5h agocoindesk
'Copycats' Stole $88M During Nomad Exploit by Copying Attacker's Code: Coinbase
Over 88% of the addresses conducting the $190 million attack likely belonged to users copying a code that was initially used by Nomad’s exploiters.
5h agocointelegraph
OpenSea introduces new stolen item policy to combat NFT theft
A Twitter user claimed that they purchased a stolen NFT and OpenSea support advised them to sell it on another marketplace.
5h agocoindesk
Crypto Fund QCP Capital Says Options Trading Is Next Institutional Growth Driver
Institutional investors are much more likely to partake in options trading than other crypto-centric niches, founder Darius Sit said at an event in Seoul.
5h agocryptodaily
Ethereum Final Step Towards Mainnet PoS As Goerli Testnet Merge Goes Live
Ethereum has successfully pulled off one of the most critical tests in crypto history, as it completed the final scheduled test before the merge, moving it closer to the adoption of the Proof-of-Stake model, an upgrade that it has been working towards for years. The upgrade has been touted as one of the most critical events in crypto history. A Final Dress Rehearsal Since its creation nearly a decade ago, Ethereum has been using the much-criticized Proof-of-Work consensus mechanism, involving miners competing with one another to solve complex problems and validate transactions. The problem with this approach is that it is highly energy-intensive, significantly impacting the environment. However, the smart contract platform has been working towards the Proof-of-Stake consensus mechanism, which would see the phasing out of energy-intensive mining. Instead, the new method would see validators stake their ETH and earn the right to validate transactions. Proof-of-Stake requires far less energy and is expected to significantly scale up transactions on Ethereum significantly. According to reports, the final test took place on Wednesday, 9:45 PM ET. a researcher with the Ethereum Foundation, Ansgar Dietrichs, described the test as successful, stating in a tweet that the most relevant metric for success in a dry run such as this is looking at the time to finalization. Another associate from Galaxy Digital stated that while the participation rate after the merge dropped, it could have been down to an issue with one of the clients. However, overall, the merge was a success. “A successful Merge = chain finalizes. Sure, the participation rate dropped, and it looks like there may have been an issue with one of the clients, but the Merge worked. We’ll likely see minor issues like this with the upgrade on mainnet too, but the point is, the Merge worked.” Merge To Go Live In September? While the timing of the merge will be discussed at length at a meeting of core Ethereum developers slated for Thursday. However, previous meetings and guidance have indicated that the Merge could go live as early as mid-September. Ethereum’s transition to Proof-of-Stake has seen repeated delays over the past few years. Core developers have admitted that progress has been slow to allow sufficient development, research, and implementation time. A Successful Test The Georli testnet, on Wednesday, simulated a process identical to what the main network will execute when it transitions into Proof-of-Stake. Testnets such as Georli allow developers on Ethereum to test out new upgrades and make any changes needed before implementing them on the main blockchain. Wednesday’s test showed that moving to Proof-of-Stake and its validation process significantly reduces energy consumption and also proves that the merge process is working. Josef Je, a developer who has previously worked with the Ethereum Foundation and now runs a permissionless peer-to-peer lending platform, stated that the Proof-of-Stake running on Georli will be identical to how Proof-of-Stake would run on the blockchain. The Ethereum Foundation shared the same sentiment, stating that Georli is the closest iteration to the mainnet and will play a critical role in smart contract interactions. Looking For Potential Bugs Tim Beiko stated that during tests, they know almost instantly if a trial run is successful or not. However, in this case, the developers at Ethereum will continue to keep an eye out for any potential issues that could crop up in the days ahead. Beiko stated, “We want to see the network finalizing and having a high participation rate amongst validators and also make sure we don’t hit any unexpected bugs or issues.” According to Beiko, tracking the participation rate is the easiest metric to gauge success. If the developer numbers dwindle during the test, it could signal an issue. He also stated that they could also look at Ethereum transactions and gauge the success of a test, stating that if the blocks have actual transactions in them, then the test is considered a success. The last major check, according to Beiko, is to check if the network is finalizing. “If those three things look good, then there’s a long list of secondary stuff to check, but at that point, things are going well.” A New Proof-of-Stake Proposal Developers at Ethereum have been testing Proof-of-Stake on a parallel chain called the Beacon Chain. According to Beiko, the original proposal required validators to stake 1500 ETH to use the system. However, the new Proof-of-Stake proposal sees this number drastically reduced to just 32 ETH. Beiko stated that while this isn’t a small sum, it is a much more accessible figure for users. 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.
7h agocoindesk
Ether Tops $1.9K as Ethereum Runs Final 'Merge' Rehearsal
The merge optimism has seen ether rally 60% in four weeks.
9h agocointelegraph
88% of Nomad Bridge exploiters were 'copycats' — Report
Copycats used the same code as the original hackers but modified the target token, token amount, and recipient addresses.
12h agocointelegraph
Truly decentralized Web3 needs more developers: Animoca co-founder
Animoca Brands' Yat Siu said developers continue to “struggle under the yoke of centralized platforms," urging them to move into the Web3 space.
13h agocoindesk
California Man Must Pay $61K in Restitution for SIM Swap Scam That Stole One Victim's Crypto
The swindle defrauded Apple and targeted at least 40 people.
16h agocoindesk
Corn Farmers Hedge Their Crops With Futures. This Solana DEX Wants Vaildators to Follow Suit
Solana futures exchange Cypher protocol is building a tool for validators to hedge against the volatility of token payouts.
16h agocointelegraph
Wealth managers and VCs are helping drive institutional crypto adoption — Wave Financial execs
“Things are much more encouraging, even though this is clearly a time of pain," said Wave Financial’s head of business development Mike Jones.
16h agocointelegraph
Coinsquare chief operating officer shares thoughts on being the first regulated crypto dealer exchange in Canada
The past actions of bad actors has forced the country's regulators to take a tough stance on crypto exchanges.
16h agocoindesk
Bye-bye Brokers: EU Tries Stock Trading, the Web3 Way
A new European trial of blockchain-based securities trading is a “very good thing” for crypto fans, CoinDesk was told – but some worry it’s overcautious and rigid.

About Optimism

The live price of Optimism (OP) today is 1.6514 USD, and with the current circulating supply of Optimism at 234,748,364 OP, its market capitalization stands at 387,658,341 USD. In the last 24 hours OP price has moved -0.0431 USD or -0.03% while 206,758,610 USD worth of OP has been traded on various exchanges. The current valuation of OP puts it at #116 in cryptocurrency rankings based on market capitalization.

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Optimism Price1.6514 USD
Market Rank#116
Market Cap387,658,341 USD
24h Volume199,353,777 USD
Circulating Supply234,748,364 OP
Max SupplyNo Data
Yesterday's Market Cap367,959,940 USD
Yesterday's Open / Close1.6106 USD / 1.5675 USD
Yesterday's High / Low1.8199 USD / 1.5563 USD
Yesterday's Change
-0.03% ( 0.0431 USD )
Yesterday's Volume206,758,610 USD
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