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Phala Network(PHA)

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0.00000522 BTC
Market Cap (Rank#302)
2,772 BTC
Vol 24h
64.7025 BTC
Circulating Supply
Max Supply
3h ago cryptodaily
Collateral Network (COLT) is a new player in the blockchain-based investments space, and it's already generating a buzz among Bitcoin (BTC) and Ethereum (ETH) holders.
Collateral Network (COLT) is a new player in the blockchain-based investments space, and it's already generating a buzz among Bitcoin (BTC) and Ethereum (ETH) holders. In the presale phase, Collateral Network (COLT) is offering a unique investment opportunity that promises to deliver significant returns. Let's learn more! >>BUY COLT TOKENS NOW>BUY COLT TOKENS NOW>BUY COLT TOKENS NOW<< Ethereum (ETH) In the world of blockchain-based investments, Ethereum (ETH) is one of the most popular tokens after Bitcoin (BTC). Many investors are drawn to Ethereum (ETH)'s potential as a platform for DeFi applications, with current projects in the space aiming to facilitate trustless borrowing and lending on Ethereum (ETH). Ethereum (ETH) has been successful in this regard, with world-renowned institutions like Ubisoft, ING, and IBM all relying on Ethereum (ETH) for their operations. Today, Ethereum (ETH) has a market cap of over $200 billion, making it the world's second-largest cryptocurrency by market value. But with such a large market cap, just how high can Ethereum (ETH)'s price go? It is unlikely that Ethereum (ETH) will see another 1000% gain &mdash; something that Collateral Network (COLT) should have no problem achieving as more investors use the platform. Find out more about the Collateral Network presale here: Website: Presale: Telegram: Twitter: 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.
1 day ago cryptodaily
MakerDAO Constitution Pushes 'Endgame Plan' for $DAI and $MKR
MakerDAO, the decentralized autonomous organization (DAO) behind the DAI stablecoin, recently passed a new "constitution" aimed at formalizing its governance process and bolstering decentralization.This constitution is a key component of the "Endgame Plan" designed to transform MakerDAO into a truly decentralized organization, with DAI potentially becoming the world's reserve currency. The Maker Constitution acknowledges the inherent resilience of decentralized systems like Bitcoin and Ethereum, which have withstood adversarial events and remain uncensorable. However, unlike these systems, the Maker Protocol relies on human decisions made by $MKR token holders, making it more susceptible to weaknesses and vulnerabilities that could lead to the protocol's failure or loss of user funds.To address these risks, the Maker Constitution employs "alignment engineering," a practice that designs mechanisms, incentives, and shared habits to align the interests of the entire ecosystem. The constitution establishes clear definitions and delineations of roles within the governance framework, ensuring transparency and reducing complexity. It also enforces a separation of concerns, discouraging actions that risk taking the DAO towards governance failure. Recognizing that budgeting, resource allocation, and control over governance privileges are vulnerable aspects of a DAO, the Maker Constitution emphasizes the importance of robust grassroots community participation. The constitution aims to enforce a self-sustaining equilibrium where MKR token holders can effectively govern the DAO while promoting its growth and adaptation. In a bid to counterbalance rigidity and immutability, the Maker Constitution introduces a system for incubating and launching SubDAOs, which operate as semi-independent DAOs linked to Maker Governance that enable fast-moving innovation, growth, and experimentation. These SubDAOs also allow for the delegation of responsibility and risk within specific, highly complex areas. Despite the constitution's approval with 76.04% of MKR votes, some users have criticized it as authoritarian. Critics argue that restrictions on communication from constitutional delegates effectively "muzzle" them and inhibit their ability to gather information. As the Maker Constitution takes effect, it is poised to play a crucial role in fortifying the protocol's governance, enhancing decentralization, and ultimately, achieving MakerDAO's ambitious Endgame Plan. The Maker Constitution sets the stage for the document's purpose and vision by acknowledging the inherent strength and resilience of blockchain technology, cryptocurrency, and decentralized finance (DeFi). It highlights how these systems, exemplified by Bitcoin and Ethereum, have demonstrated their ability to withstand adversarial events and maintain security, which is difficult to achieve in centralized systems. The Maker Constitution, however, acknowledges that the Maker Protocol is fundamentally different from Bitcoin and Ethereum in that it relies on human governance decisions made by $MKR token holders. This reliance introduces weaknesses and vulnerabilities that can potentially result in the protocol's failure or loss of user funds. While the constitutive aspects of the writing recognizes the importance of addressing full-scale governance attacks, such as takeovers or theft of all DAI collateral, it also emphasizes the need to address slow-moving, slippery slope governance risks, like cultural shifts, creeping misalignment, or structural inability to achieve results. These risks can emerge spontaneously and, if left unaddressed, can pave the way for full-scale governance attacks. The Maker Constitution highlights the importance of grassroots community participation and alignment with the protocol's purpose as essential tools for defending against these risks. It emphasizes the importance of nurturing a community that transcends mere financial gain, to create a united front that can effectively protect the protocol. It is precisely in this manner that the Maker Constitution sets the pace for its DAO, emphasizing the need for a robust governance framework that safeguards the protocol against both immediate and long-term risks. This framework aims to foster a strong, aligned community dedicated to promoting the protocol's resilience and success. Disclaimer: This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice.
1 day ago cryptodaily
Beat The Bear Market With Solana (SOL), Ethereum (ETH) And Collateral Network (COLT)
The decentralized finance (DeFi) market is one of the fastest growing markets in the world. In less than two decades a whole new industry has been created with new opportunities for investors every day. Three great investment opportunities are Solana (SOL), Ethereum (ETH), and Collateral Network (COLT). Each project brings innovative new ideas to the market and could significantly influence the future of DeFi, with Collateral Network (COLT) set to completely revolutionize the lending industry alongside 35x gains. >>BUY COLT TOKENS NOW>BUY COLT TOKENS NOW<< Collateral Network (COLT) Applies DeFi To Crowdfunding Collateral Network (COLT) is a new decentralized crowdlending platform in the market that's caught the attention of investors world wide. Using Collateral Networks (COLT) cross-chain network, borrowers will be able to unlock cash from physical off-chain assets using NFTs. Here&rsquo;s how it works. If a borrower on Collateral Network (COLT) holds an expensive physical asset and wants a short term loan, they can create an NFT backed 1:1 by that asset. This NFT is then fractionalized, meaning that lenders can collectively fund the loan by offering fractions of the required capital. This increases the number of investors who can become lenders. Once loaned, lenders will generate a passive income from their loan based on a fixed interest rate, enabling users on the COLT platform to become their own banks. This process is significantly faster than traditional crowdlending processes, and allows borrowers to hold onto their physical assets. To give early investors peace of mind, Collateral Network (COLT)&rsquo;s smart contract has been successfully audited, and its liquidity pool will be locked for 33 years to prevent a rug pull. COLT, the native token of Collateral Network, can be purchased for $0.01 during phase one of the project's presale, with COLT holders earning access to a VIP members club, as well as staking, governance rights, and more. Analysts forecast that due to its immense potential and real-world use cases, COLT is highly likely to surge by up to 3500% over the coming months! With this projection in mind, Collateral Network (COLT) is easily one of the most promising presales on the market today. Find out more about the Collateral Network presale here: Website: Presale: Telegram: Twitter: 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.
1 day ago cryptopotato
ETH Gains 4% as Ethereum Devs Confirm Date For Shanghai Upgrade
The date has been set for the long-awaited Ethereum Shanghai upgrade which will allow phased staking withdrawals.
2 days ago cointelegraph
Crypto-friendly banks mismanaged traditional risks, FDIC head tells Senate hearing
It all started with FTX, FDIC head Martin Gruenberg said; he emphasized that the American banking system remains sound.
3 days ago cryptodaily
U.S. regulator sues CZ - Desperate attempt to damage Binance?
The CFTC is suing Binance CEO Changpeng Zhao, accusing him of breaching trading rules. Operation Choke point 2.0 continues. Attacks on crypto continue The Biden Administration, the banks, and the financial watch dogs are throwing the kitchen sink at crypto. Every move that is made is calculated to bring the most amount of harm and damage to crypto infrastructure. As the banking system becomes an obsolete wasteland, the powers that be in the U.S. have decided that they will concentrate all the fire power at their disposal in order to try and cripple the crypto industry, and bitcoin in particular. It must be hurting them so much to see the Federal Reserve and other central banks reduced to printing fiat currency at such a furious rate in order to prop up banks that are dead in the water. And as this is happening, investors are flocking to bitcoin in order to get themselves out of the system. The latest coordinated attack on the CEO of the largest crypto exchange by trading volume in the world is designed to spread FUD and make would-be crypto investors think twice about taking their money out of the bank and putting it into crypto. CFTC sues Binance CEO The main thrust of the CFTC filing is that it alleges that CZ has allowed U.S. residents to buy and sell crypto derivatives since 2019, and maintains that any entity offering such services should have registered with the CFTC. The filing reads: &ldquo;Beginning no later than July 2019 and continuing through the present, Binance, under Zhao&rsquo;s direction&hellip; has solicited and accepted orders, accepted property to margin, and operated a facility for the trading of futures, options, swaps, and leveraged retail commodity transactions involving digital assets that are commodities including bitcoin (BTC), ether (ETH), and litecoin (LTC) for persons in the United States,&rdquo; The filing continues: &ldquo;Since the launch of its platform in 2017, Binance has taken a calculated, phased approach to increase its United States presence despite publicly stating its purported intent to &ldquo;block&rdquo; or &ldquo;restrict&rdquo; customers located in the United States from accessing its platform,&rdquo; the filing charges. &ldquo;All the while, Binance, Zhao, and Lim, the platform&rsquo;s former Chief Compliance Officer (&ldquo;CCO&rdquo;), have each known that Binance&rsquo;s solicitation of customers located in the United States subjected Binance to registration and regulatory requirements under U.S. law.&rdquo; Crypto price fall News of the CFTC filing has possibly contributed to the price of bitcoin and crypto falling across the board. Bitcoin (BTC) fell to around $26,500 before recovering to $27,000 at time of going to press. The total crypto market cap fell to $1.09 trillion, but has since recovered to $1.102 trillion. U.S. citizens stuck with a failing currency The law is the law, and should it be found that Binance was contravening U.S. rules then it will no doubt be made to pay a suitable fine. That the CFTC should choose this moment in time to charge the crypto exchange is however interesting. Another interesting question is whether U.S. citizens should be allowed to avail themselves of crypto services, whether offered by Binance or by any other suitably regulated exchange? Surely the only reason can be the protection of U.S. citizens. But preventing those citizens from buying assets that are outside of the U.S. banking system will mean that they will either have to try and circumnavigate the system, or be left to fend for themselves at the mercy of archaic and obsolete banks, with a currency that is worth drastically less with each passing year. Disclaimer: This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice.
3 days ago cryptodaily
Sphynx Ink and OpenSea Partner for “Winkles & Flam” Digital Collectibles
Toronto, Canada, 27th March, 2023, ChainwireWinkles & Flam&trade;, the &lsquo;Cosplaying Canadian Kitties&trade;,&rsquo; are the First Original Cartoon Duo of the web3 space, launching exclusively on OpenSea DropsSphynx Ink Inc. comprises Oscar&reg;-Nominated Filmmaker Adam Benzine (HBO&rsquo;s Spectres of the Shoah) & BAFTA&reg;-Winning Illustrator Dele Nuga (The BBC&rsquo;s The Clangers)Non-PFP and non-generative, Winkles & Flam marks a radical new model for Digital Collectibles, with high-quality, hand-drawn illustrations & weekly/seasonal releasesThe first project to partner with Mint Foundry, the new Visual Metadata Editor from the team behind acclaimed &lsquo;No Code&rsquo; NFT service Mintplex LabsCanadian art collective Sphynx Ink Inc. is partnering with OpenSea&rsquo;s exclusive &ldquo;Drops&rdquo; platform to launch Winkles & Flam, a ground-breaking Digital Collectibles project introducing the first cartoon duo of the web3 space.Created by Oscar&reg;-nominated filmmaker Adam Benzine and BAFTA&reg;-winning illustrator Dele Nuga, Winkles & Flam &ndash; the &lsquo;Cosplaying Canadian Kitties&rsquo; &ndash; are adorkable sibling Sphynx cats who dress up in homemade, video game-inspired outfits. A year in the works and featuring original, hand-drawn art, the project differs radically from current NFT projects. It is not a PFP (Profile Picture). Nor does it use generative elements.Launching April 3 with weekly content drops, rather than all at once, Winkles & Flam will run for five seasons, with sets of hand-drawn images comprising a mix of free mint, fixed-price and auctioned offerings. Each set draws inspiration from an iconic video game, with an educational component &ndash; Winklepedia&trade; &ndash; focusing on the history of video games.A Season Pass goes on sale today (March 27) exclusively via OpenSea Drops, limited to just 1,000 copies and guaranteeing buyers all 30 cards from Season 1.Winkles & Flam is the first major project to use Mintplex Lab&rsquo;s cutting-edge, visual metadata editor Mint Foundry, which allows creators to edit and update information in real-time, without coding knowledge.Winkles & Flam Creator Adam Benzine says: &ldquo;Winkles & Flam marks the start of &lsquo;Phase 2&rsquo; of the Digital Collectibles space, focusing on original characters, narrative, quality and reliability, led by doxxed creators with a proven track record.&ldquo;The market has grown tired of low-quality, rug-pull pump-n-dumps and vaguely conceived, cash-grab metaverses. A steady stream of garbage profile pictures has turned off consumers. It&rsquo;s time for something fresh.&rdquo;Winkles & Flam Co-Creator Dele Nuga adds: &ldquo;We&rsquo;re thrilled to partner with OpenSea Drops and grateful to the geniuses at Mintplex Labs for devising a solution for our unconventional release strategy. We believe Winkles & Flam will be the first of many projects to move to a character-based, weekly release strategy, focusing on personality, storytelling and community.&rdquo;Season 1 of Winkles & Flam launches on April 3 and runs for 10 weeks, with weekly free mint cards (featuring Winkles) and fixed-priced cards (featuring Flam) released on Polygon. Winkles & Flam: Platinum cards (unique 1-of-1s featuring the duo together in playful scenarios) will be auctioned daily on Ethereum. Check out for more info.(NOTE: Winkles is the pink kitty with blue eyes. Flam is the grey kitten with green eyes.)About Sphynx Ink Inc.Founded by Oscar&reg;-nominee ADAM BENZINE and BAFTA&reg;-winner DELE NUGA, Sphynx Ink Inc. is the Toronto-based art collective behind WINKLES & FLAM&trade;, The Cosplaying Canadian Kitties&trade;!LINKS:Winkles & Flam on OpenSea Drops: & Flam Official Site: winklesandflam.comWinkles & Flam LinkTree: & Flam Creator Adam Benzine: Labs: mintplex.xyzContactPress EnquiriesSphynx Ink [email protected]
3 days ago cryptodaily
Open-Source Blockchain D-Ecosystem Raises $6M Ahead of March 29th IDO
Tallinn, Estonia, 27th March, 2023, ChainwireOpen-source blockchain D-Ecosystem has announced that it has raised $6M in funding ahead of its initial DEX offering (IDO). The public sale, scheduled to start on March 29, will mark the first phase of the DXC token sale.Starting at 12 pm UTC on March 29, D-Ecosystem will initiate Phase 1 of its IDO. The event will run until April 30, during which time DCX will be available at a price of $0.50 per coin. Phase 2 will begin on May 1 and will run until May 31, when the price of DCX will be $0.70. The minimum purchase is 100 DCX and the maximum is 5,000,000 DCX.To purchase DCX coins, users will be able to use wallets such as MetaMask, WalletConnect, or Coinbase wallet, and can participate through networks such as Ethereum, BSC, or Polygon using native tokens or USDT.Encouraged by the $6M it has raised to date, D-Ecosystem is on a mission to build products that will make the complete blockchain space more secure and private. With a focus on security, transparency, and decentralization, D-Ecosystem aims to transform the blockchain landscape.Zero security breaches, public records of transactions and user activity, and the distribution of decision-making power are among D-Ecosystem&rsquo;s defining features. Products slated for development include the launch of D-Ecosystem's own launchpad.With its upcoming launchpad, D-Ecosystem will provide a valuable platform for new projects to launch their own coin and raise funds, furthering its commitment to fairness and inclusivity in the blockchain ecosystem. Its team is made up of experienced professionals with a wealth of knowledge and expertise in blockchain technology, giving D-Ecosystem a clear vision of what it wants to achieve.D-Ecosystem offers a range of innovative products and services designed to empower individuals and organizations in the digital age. Key offerings include:DCX coin: the primary medium of exchange on the platform. DCX will provide users with access to various services including decentralized finance (DeFi), decentralized storage, and decentralized marketplace servicesD-Chain: Native blockchain platform with zero gas fees, lightspeed transactions, and high privacy with a built-in proof of innocence protocol to prevent money laundering and crimeD-Wallet: a user-friendly wallet that allows individuals and organizations to securely store, send, and receive digital assetsD-NFT: NFT marketplaceD-Swap: A decentralized exchange (DEX) built on D-Chain with lottery and prediction game includedOther features under development include the D-Ecosystem Payment system (zero fees), the world's first cross-chain IDO Launchpad, DUSD stablecoin, D-Messenger, D-P2P, D-Space, and D-Meta.About D-EcosystemD-Ecosystem is a decentralized, open-source blockchain ecosystem including a public chain, own payments system, own DEX, wallet, NFT marketplace, and much more. It gives blockchain users the tools they need to transact securely and privately while accessing a range of powerful DeFi services.For more information, visit:Website | Twitter | Telegram | Telegram Announcements | Discord | Medium | Linkedin | YouTube | Facebook | [email protected]
3 days ago coindesk
First Mover Asia: Bitcoin Is Ready for a Consolidation Phase
ALSO: Sam Reynolds writes that decentralized derivatives platforms are having a liquidity problem. The shortage may stem from crypto traders current caution, but at least one analyst is optimistic that the situation will change.
5 days ago nulltx
TMS Network (TMSN) Ready to Skyrocket: Will Ripple (XRP) and Cardano (ADA) Be Able to Join the 700% Club too?
The rave of the moment, TMS Network (TMSN), has been riding on a high lately. Having sold out the first phase of its presale, and rewarding early investors with a 700% increase by moving from $0.0047 to $0.038 now, the token is ready to head to the moon. It is now up for grabs if […]
6 days ago zycrypto
FTX-Promoting YouTubers Hit with A $1B Class Action Lawsuit
Ten YouTube and social media promoters are facing a class action lawsuit filed by a group of investors seeking more than $1 billion in damages for the deceptive promotion of FTX. According to an objection filed on March 15 in the Miami District Court, the group claims that the popular influencers- Ben Armstrong, Graham Stephan […]

About Phala Network?

The live price of Phala Network (PHA) today is 0.146452 USD, and with the current circulating supply of Phala Network at 530,777,736.75 PHA, its market capitalization stands at 77,733,690 USD. In the last 24 hours PHA price has moved 0.001076 USD or 0.01% while 2,246,832 USD worth of PHA has been traded on various exchanges. The current valuation of PHA puts it at #302 in cryptocurrency rankings based on market capitalization.

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

Phala Network Price0.146452 USD
Market Rank#302
Market Cap77,733,690 USD
24h Volume1,814,480 USD
Circulating Supply530,777,736.75 PHA
Max Supply1,000,000,000 PHA
Yesterday's Market Cap78,106,508.22 USD
Yesterday's Open / Close0.14625 USD / 0.147326 USD
Yesterday's High / Low0.148613 USD / 0.141964 USD
Yesterday's Change
0.01% ( 0.001076 USD )
Yesterday's Volume2,246,831.83 USD
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