PlayDapp(PLA)

Crypto P2P users in Nigeria worry over using various platforms to launder funds as the country's central bank cracks down on bank accounts that receive a share of Flutterwave’s rumored stolen funds.

In Todays Headline TV CryptoDaily News: EU Lawmakers vote in favor of payment limits on anonymous crypto wallets. Lawmakers on two key committees in the European Parliament have voted in favor of imposing limits on payments by unverified crypto users, as part of a large scale overhaul of money laundering laws. The plans, considered alongside measures to forbid businesses from accepting large cash payments and create a new European Union Anti-Money Laundering Agency. CFTC could force Binance to cease U.S. operations. The U.S. Commodity Futures Trading Commission could require Binance to cease operations in the U.S. as part of a potential settlement. The regulator sued the crypto exchange and its founder Changpeng Zhao for allowing U.S. citizens to trade derivatives and for willful evasion of the country’s laws. Binance's BUSD stablecoin suffers $500M outflow. Binance USD, a stablecoin pegged to the U.S. dollar, endured over $500 million in outflows in the roughly 24 hours since a U.S. lawsuit was filed against Binance and CEO Changpeng Zhao, data shows. BTC/USD gained 0.5% in the last session. The Bitcoin gained 0.5% against the Dollar in the last session. The Ultimate Oscillator is giving a positive signal. Support is at 25747.6667 and resistance at 28717.6667. The Ultimate Oscillator is currently in the positive zone. ETH/USD skyrocketed 3.4% in the last session. The Ethereum-Dollar pair skyrocketed 3.4% in the last session. The MACD is giving a negative signal, going against our overall technical analysis. Support is at 1640.0567 and resistance at 1817.3367. The MACD is currently in the negative zone. XRP/USD exploded 9.9% in the last session. The Ripple-Dollar pair rose 9.9% in the last session after gaining as much as 10.8% during the session. The MACD is giving a positive signal, which matches our overall technical analysis. Support is at 0.4237 and resistance at 0.5164. The MACD is currently in the positive zone. LTC dropped 0.8% against USD in the last session. The Litecoin fell 0.8% against the Dollar in the last trading session. The ROC is giving a negative signal. Support is at 84.3267 and resistance at 96.1667. The ROC is giving a negative signal. Daily Economic Calendar: US MBA Mortgage Applications The MBA Mortgage Applications released by the Mortgage Bankers Association presents various mortgage applications. It is considered as a leading indicator of the U.S Housing Market. The US MBA Mortgage Applications will be released at 11:00 GMT, the US EIA Crude Oil Stocks Change at 14:30 GMT, Germany's Gfk Consumer Confidence Survey at 06:00 GMT. US EIA Crude Oil Stocks Change The EIA Crude Oil stockpiles report is a weekly measure of the change in the number of barrels in stock of crude oil and its derivates, released by the Energy Information Administration. DE Gfk Consumer Confidence Survey The GfK Consumer Confidence is a leading index that measures the level of consumer confidence in economic activity, making it an indicator of consumer spending. FR Consumer Confidence The Consumer Confidence is a leading index that measures the level of consumer confidence in economic activity. The French Consumer Confidence will be released at 06:45 GMT, Japan's Foreign Bond Investment at 23:50 GMT, Japan's Foreign Investment in Japan Stocks at 23:50 GMT. 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. 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. 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.

Bugs, server crashes and scammers continue to plague crypto airdrops. Will regulatory pressures be next?

Decentralized finance staking service Lido has passed a governance vote to sunset its staking program with Polkadot and Kusama.

MELBOURNE, AUSTRALIA, 29th March, 2023, ChainwireBrand Ambassadors Daniel Ricciardo, Scotty James, and McLaren F1 driver Oscar Piastri join event at Melbourne Arts Centre to celebrate ahead of Australian Grand PrixOKX, the second-largest crypto exchange by trading volume and a leading Web3 technology company, today announced that it will open an office in Australia in the coming months.The announcement was made at an exclusive event for Australia's crypto community at the Melbourne Arts Centre, and was attended by OKX Ambassadors Scotty James and Daniel Ricciardo.OKX Ambassadors Daniel Ricciardo (left) Scotty James (right)On 30 March, the Australian Grand Prix commences and will feature the OKX-sponsored McLaren F1 Team car driven by Australian Oscar Piastri and Lando Norris.Haider Rafique, Chief Marketing Officer at OKX, said: "Our ambition is straightforward - to become the leading crypto platform in the world. We see Australia as an indispensable part of this strategy and a key growth market. With such a strong uptake of crypto in Australia already, we're committed to the local market and aim to build a strong local office."Daniel Ricciardo, Australian F1 driver and OKX Ambassador, said: "I'm very excited to see OKX plan an office in my home country. I had a great time celebrating with the OKX team and the crypto community today. The future looks bright for OKX in Australia."Scotty James, Australian Olympic snowboarder and OKX Ambassador, said: "Crypto never sleeps, and OKX continues to build its community. Australia is a special place for crypto, and it is exciting to see OKX announce it will be opening an office in Australia."OKX's commitment to trust and transparency is showcased by its publishing of Proof of Reserves (PoR) on a monthly basis. OKX holds the largest 100% clean reserves among major exchanges at USD$8.9 billion, according to third party data. Reserves and liabilities can be self-verified with trustless tools on the OKX website.OKX CMO Haider Rafique (left) and McLaren F1 Driver Oscar Piastri (right)OKX Ambassadors Scotty James (left), and Daniel Ricciardo (right) pose with OKX CMO Haider Rafique (center)About OKXOKX is a world-leading technology company building the future of Web3. Known as one of the fastest and most reliable crypto trading platforms for investors and professional traders everywhere, OKX’s crypto exchange is the second largest globally by trading volume and is trusted by more than 50 million users.OKX’s 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, golfer Ian Poulter, 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.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. You should carefully consider whether trading or holding digital assets is suitable for you in light of your financial condition. Please consult your legal/tax/investment professional for questions about your specific [email protected]

The cryptocurrency industry has undoubtedly had a rocky few years. From high-profile scams to market crashes and regulatory hurdles, the industry has faced numerous setbacks that have shaken the confidence of even the most ardent crypto idealists. The "idealist" crypto projects and platforms can help unlock practical value. Adhering to core principles, such as decentralization, user control, and being verifiable, is essential to make a lasting industry impact. Those approaches introduce many new hurdles and challenges, but the following platforms continue innovating and pushing the industry forward - keeping crypto idealism alive. Theta Network (Decentralized Video Streaming) The decentralized video delivery network aims to disrupt the traditional video streaming industry. It uses blockchain technology to create a peer-to-peer network of users sharing video content, reducing the need for centralized servers and cutting costs. Theta Network also rewards users who contribute their computing resources to the network with Theta tokens, which can be used to access premium content and services on the platform. Theta Network has partnered with some of the biggest names in the video streaming industry, including Samsung, Google, and MGM Studios. As a result, it has a growing user base of millions of users worldwide. In addition, the platform's unique approach to video delivery has earned it praise from industry experts, and it has the potential to disrupt the traditional video streaming industry in a significant way. Nimiq (Crypto For Everyone) Nimiq is a decentralized cryptocurrency project that aims to make cryptocurrency accessible to everyone through a user-friendly and easy-to-use platform. A crucial boon of Nimiq is its focus on usability and accessibility, which makes it ideal for new users looking to enter the cryptocurrency world. That approach has given birth to various tools and infrastructure solutions to enable mass cryptocurrency adoption. A core benefit of Nimiq is its fast transaction times. Nimiq uses a unique consensus algorithm called Albatross, which allows for near-instant transactions. That is a significant advantage compared to other cryptocurrencies, which may take several minutes or even hours to confirm transactions. In essence, Nimiq is a decentralized payment solution with a native blockchain. Its team aims to usher in a global monetary system without intermediaries. In addition, its solution is non-discriminatory, secure, cheap, eco-friendly, and collaborative. It also removes concerns over market volatility, technical expertise requirements, and clunky interfaces. Cardano (Blockchain Infrastructure) Another platform that crypto idealists should keep their eye on is Cardano. Founded by Charles Hoskinson, one of the original co-founders of Ethereum, Cardano aims to create a more sustainable and scalable blockchain platform than its predecessors. Unlike other blockchain platforms that use proof-of-work algorithms to verify transactions, Cardano uses a more energy-efficient and scalable proof-of-stake consensus mechanism. Cardano also aims to provide greater security and transparency than other blockchain platforms by separating its transaction validation and computation processes into two separate layers. This approach allows for greater flexibility and efficiency and makes it easier to update the platform over time. Cardano's commitment to sustainability, scalability, and security has earned it a loyal following among crypto enthusiasts, and it has already established partnerships with several major companies and organizations. Lens Protocol (Decentralized Social Media) Lens Protocol is a decentralized platform built on the Polygon blockchain that allows users to create, trade, and manage synthetic assets. These synthetic assets are created by mirroring the value of other assets, such as commodities, stocks, and fiat currencies. It allows users to gain exposure to the underlying asset without owning it. The Lens Protocol platform is powered by smart contracts that ensure the accuracy and transparency of each transaction. Users can create synthetic assets or invest in existing ones called lenses. Each lens is backed by collateral, which is held in a smart contract, and the underlying asset's value determines its value. When a user invests in a lens, they receive a corresponding amount of synthetic tokens, which can be traded or redeemed for the underlying asset at any time. The Lens Protocol platform also includes a governance system that allows users to vote on proposals related to the platform's development and management. That gives users a say in how the platform operates and ensures it remains community-driven and decentralized. Overall, Lens Protocol provides a flexible and efficient way for users to gain exposure to a wide range of assets while leveraging the security and speed of the Polygon blockchain. To conclude, there is still a lot of activity in the cryptocurrency and blockchain space. While the overarching market momentum may remain volatile, builders put their best foot forward to unlock a brighter future. The projects outlined above showcase the building blocks users can experiment with today and in the future. Moreover, the varied approach by developers to explore different concepts - video streaming, social media, and making crypto more accessible - confirms the evolution of overall infrastructure. There is much more potential to unlock in the industry, as a decentralized web is inevitable at this point. 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.

Circle has announced that the USDC stablecoin will be launching in the Cosmos ecosystem through its partnership with the Noble network. The launch will make USDC available to all Cosmos IBC blockchains. USDC Comes To Cosmos Soon after making its way out of stealth, Noble Protocol has announced that it has entered into a partnership that will bring USDC natively to the Cosmos ecosystem. The news was announced by Circle, the issuer of the stablecoin, in a Twitter post, "We're excited to bring USDC to @Cosmos! USDC is expected to launch on @noble_xyz soon; stay tuned for details. #IBC" Noble Protocol also made its own announcement on Twitter, although no specific timeline or date for USDC's launch on Cosmos has been shared. "This is a huge moment for our ecosystem. @Cosmos has never had a native, fiat-backed stablecoin that is highly liquid & fully collateralized. For the first time in @Cosmos history, 50+ IBC-enabled blockchains (& counting!) will soon be able to access USDC natively via IBC." However, both Circle and Noble have asked users to "stay tuned." USDC is currently the second-largest stablecoin in the crypto space behind Tether and plays a crucial role in several decentralized finance (DeFi) projects. It is also used as collateral for lending and borrowing and generates yield thanks to its stability and dollar peg. While the stablecoin went through some volatility following the collapse of Silvergate Bank and Silicon Valley Bank, it has regained its dollar peg. First Native Stablecoin Cosmos is an interconnected web of blockchains that utilize the Tendermint Byzantine fault-tolerance protocol, Application Blockchain Interface, and Cosmos Software Development Kit. The Noble team stated that following the launch, USDC will be the first native, fiat-backed stablecoin on the Cosmos Inter-Blockchain Communication protocol. The team believes that introducing the highly liquid and fiat-backed USDC stablecoin would solve several challenges users face on Cosmos face when they try to bridge assets between different networks. The team explained, "This integration will catalyze hundreds of millions of dollars in liquidity over the coming months in Cosmos and will seek to rectify the challenges that users and appchains face when interacting with bridged assets sourced from other ecosystems. […] Every blockchain needs a canonical and fungible version of USDC, and Noble exists to fulfill this critical need." Currently, users on Cosmos can only access major stablecoins through bridge protocols such as Axelar and Gravity. With the introduction of USDC, DeFi protocols in the ecosystem will have a single stablecoin to turn to, and Noble hopes this could inject new liquidity into the ecosystem. CEO of Noble, Jelena Djuric, stated, "It's also for the users themselves to have a seamless process of accessing native assets in the ecosystem. At the end of the day, we're seeking to rectify the challenges that users and app chains face when interacting with bridge assets." Cosmos has seen a flurry of activity in recent months. In January, Injective Protocol launched a $150 million fund to promote further user adoption of the Cosmos ecosystem. The fund was backed by the likes of Jump Crypto, Pantera Capital, and others known for investing in blockchain projects. February saw the allocation of $40 million by the Cosmos Interchain Foundation to promote the development of core infrastructure and applications for the Cosmos ecosystem. Circle's Plans For Cosmos Circle had first stated its intention to launch USDC on Cosmos as early as September of last year. Furthermore, the decision to launch USDC on Cosmos is also linked to the fact that the lending protocol dYdX will soon be moving from Ethereum to the Cosmos IBC. Djuric added, "We're very much doing this in preparation for dYdX's launch. We see this as a huge moment for the Cosmos and the app chain thesis because this is a project that has already got a lot of success on Ethereum." 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.

London, UK, 29th March, 2023, ChainwireMetacade, one of the most exciting GameFi ventures of 2023, has now raised over $14.7m as the presale goes into its final hours. With over 90% sold, the project expects to sell out ahead of their scheduled closing time, set for Friday 31st March at 23:59 Pacific Time.Metacade's CEO, Russell Bennett, commented: “We are rocketing towards the finish line and think we may even get there ahead of time, the support from the community has been fantastic and we’re delighted with our success so far. Although the work has only just begun for us, and now is time to prove what we can really do by overdelivering on our roadmap and other fronts!”Metacade tokens can be purchased until they sell out or until March 31st, whichever is sooner. Users can participate in the final stage presale here.The announcement of their impressive fundraising milestone follows a string of positive developments presented in a live 3 part ‘Metaseries’ by Metacade CEO Russell Bennet. This included a product walkthrough, highlighting the progress they have made so far, as well as a detailed overview of their staking plan and listing plans. The Metaseries can be viewed on their YouTube Streams channel here.Following on from the presale closing, Metacade will list their MCADE token on Uniwsap on the 6th April, and then BitMart on the week ending 16th April, with several more exchange partnerships following shortly after.As one of the first community-driven arcades in the blockchain arena, Metacade will offer a plethora of play-to-earn (P2E) games that will incentivize players with the native MCADE token based on their achievements. This a highly appealing option for those looking to explore the exciting world of community-driven arcades.Metacade's earning mechanism has been tailor-made to appeal to a wide range of blockchain enthusiasts, with the platform striving to become the go-to hub for Web3 users.The Metacade whitepaper highlights a number of noteworthy features, but one that particularly stands out is its innovative Metagrants program. Operating via a voting system, the program allows members of the Metacade community to propose and vote on projects that they deem worthy of funding. Once a project has been approved for funding, the developer receives a grant from the Metacade treasury, which they can use to develop their game.One of the key advantages of the Metagrants program is that it fosters the growth of the blockchain gaming industry by providing financial support to promising new projects for up-and-coming blockchain game developers.The Metagrants program operates in an innovative way that allows developers to submit funding applications to support the design and creation of the next generation of GameFi titles. Once submitted, these are then assessed by the Metacade community, where MCADE holders can cast their votes in support of their favorite proposals. The most popular ideas are awarded with crypto investments to support the game production process, with the first Metagrant game set to debut on the platform in Q1 of 2024.Metacade tokens can be purchased until they sell out or until March 31st, whichever is sooner. Users can participate in the final stage presale here.About MetacadeMetacade aims to become the go-to hub for gaming within the metaverse. As the first community arcade in the Web3 space, it provides a platform for gamers to socialize, share their gaming expertise, and play exclusive P2E games. By offering various income-generating opportunities and career-building pathways within the Web3 ecosystem, Metacade looks set to become an important hub for the gaming community to connect and engage with like-minded enthusiasts.Putting Metacade on par with other projects like The Sandbox, Polygon, and Axie Infinity, the highly anticipated P2E platform has earned approval from CertiK, a top-tier blockchain auditor, which gives investors peace of mind that the project's code and specifications have been reviewed and that the Metacade team has passed the KYC process, instilling confidence in the project's legitimacy.The overwhelming enthusiasm surrounding Metacade's presale is indicative of its potential to become the go-to GameFi hub for P2E gamers alongside a wide range of other use cases.Website| Whitepaper | Metacade SocialsContactCEORussell [email protected]

Developers on Ethereum have announced that the Shapella upgrade will take place on the 12th of April, 2023. The upgrade will take effect at epoch 194,048, coming as a relief for validators on the platform. Withdrawals Incoming The Shappella hard fork will come as a huge relief to Proof-of-Stake validators, who will finally be able to withdraw their ETH from the platform. The fork, scheduled for the 23rd of April, will enable withdrawals through the Ethereum Improvement Proposal (EIP) 4895. Once implemented, this will push staked Ether from the Beacon Chain to the Ethereum Virtual Machine (EVM), also known as the execution layer. Ethereum core developer Tim Beiko announced the news on Twitter, stating, “It’s happening Shapella is scheduled on mainnet for epoch 194048, scheduled for 22:27:35 UTC on the 12th of April, 2023. Client releases compatible with the upgrade are listed in the announcement below.” The time, slot, and epoch for the upgrade were confirmed after lengthy deliberations and discussions between members of the Ethereum Foundation, led by Beiko. The hard fork will finally enable the partial and complete withdrawal of ETH. However, several mechanisms have been put in place to ensure that a flood of unlocked ETH does not end up disturbing the market dynamics. Currently, there are around 17.81 million ETH staked on the beacon chain. At current prices, around $31.6 billion worth of ETH can be unlocked over time. Successful Deployment On Goerli And Sepolia Testnets The announcement comes after Ethereum developers successfully deployed the Shapella fork on the Goerli and Sepolia testnets. While the Ethereum Foundation had stated that the last test run on the Goerli testnet was smooth, there was a delay in activation time thanks to some validators not updating their client software on time. However, Beiko stated that this would not be an issue this time around. The upgrade combines changes to the Shanghai Ethereum Virtual Machine, also known as Shanghai, and the consensus layer, Capella. It has also changed to the engine API linking the two layers bundled in it. Apart from enabling withdrawals, the Shapella upgrade also implements several other Ethereum Improvement Proposals, such as EIP-3855, EIP-3651, EIP-3860, EIP-4895m, and EIP-6049. EIPs are standards that add or designate new features and processes for Ethereum. Before the Shapella upgrade, validators had to lock 32 ETH in a smart contract on the Beacon Chain to be able to earn rewards. Previous Hard Forks Ethereum has gone through a long list of hard forks, with the latest Shapella touted as one of the most significant to date since the Merge. The Merge saw Ethereum finally make the transition from the energy-hungry Proof-of-Work consensus mechanism to Proof-of-Stake. Before the Merge, we saw the London hard fork that saw the introduction of EIP-1559. EIP-1559 introduced a base fee for users instead of the price auction method. Validators still receive a block reward and tip. However, the base fee is burned and is intended to make ETH deflationary over time. Before EIP-1559, there was Berlin, which helped optimize gas costs for specific EVM actions, while the Beacon Chain Genesis saw the first block produced on the Proof-of-Stake chain on the 1st of December 2020. Lastly, Istanbul, implemented in 2019, helped improve resilience against denial-of-service attacks, along with making SNARKs and STARKs-based layer-2 solutions more performant. Additionally, the Ethereum Foundation also announced that it would be doubling rewards for any bugs found in the Shapella source code. However, while the Shapella hard fork marks a significant milestone in Ethereum’s journey, the protocol still suffers from low transaction throughput. Data from Blockchair has shown that Ethereum’s transaction speed currently stands at 10 transactions per second. 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.

It is unclear if Disney will continue to work on its metaverse ambition through other teams.

The chair of the Treasury Select Committee thinks the speculative nature of crypto assets like NFTs led the Treasury to halt plans for the launch.

The service is currently available in the U.S., UK, EU, Brazil and the Philippines, but Zebedee plans on expanding the service to accommodate “all countries and currencies across the world.”

The session is expected to take place on April 28 at the Hong Kong Monetary Authority.

The Financial Services and Markets Act amendment, which would enable the new rules, will soon be discussed in Parliament.

On this week’s episode of The Market Report, Cointelegraph’s resident expert explains what is happening with Binance, Changpeng Zhao and the CFTC.

The crypto industry is evolving at an unprecedented pace, and many emerging cryptocurrencies are challenging industry giants like Binance (BNB) and Ripple (XRP). One of the newest, and most promising blockchain platforms is Orbeon Protocol (ORBN). Orbeon Protocol (ORBN) is changing the game in the fundraising industry, and has caught the attention of many investors […]

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The crypto industry is now seeing a considerable increase. While Ethereum (ETH) and EOS (EOS) are two unique tokens right now, analysts are more enamored by Orbeon Protocol (ORBN). This Stage 12 presale project has the potential to become a fan-favorite platform for millions of investors! Below, we'll examine each of these coins in more detail and see how they stack up against one another. Let's begin! >>BUY ORBEON TOKENS HERE>BUY ORBEON TOKENS HERE<< EOS (EOS) Now that the EVM is almost operational, some fascinating projects will start debuting on EOS (EOS). Cross-chain swaps will be added to the EOS (EOS) EVM thanks to the cooperation that the EOS (EOS) and Multichain revealed earlier this week. Currently, EOS (EOS) has a value of $1.12, a fall of 1% in the last day alone. Furthermore, the trading volume for EOS (EOS) has also taken a hit as it has decreased by 19% and sits at $99,743,515. With EOS (EOS) currently displaying a bearish sentiment, it could see a short-term price fall. However, bullish analysts believe EOS (EOS) will likely rise to $1.84 as soon as its technical indicators and moving averages show green. Find Out More About The Orbeon Protocol Presale Website: https://orbeonprotocol.com/ Presale: https://presale.orbeonprotocol.com/register Telegram: https://t.me/OrbeonProtocol 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.

ERC20 tokens are tokens built on the Ethereum blockchain and are standardized to ensure they are compatible with the Ethereum network. This means they can be easily integrated with other Ethereum-based applications, making them highly versatile and easy to use. But why do so many projects choose to release their tokens on the Ethereum blockchain? Well, Ethereum is one of the most popular blockchain platforms in the world, offering developers a wide range of benefits. For starters, it allows for creating smart contracts, self-executing contracts that can automate complex business processes. Additionally, Ethereum has a large and active developer community, so new tools and features are constantly added to the platform. If you're looking to invest in ERC20 tokens in 2023, then you'll want to keep an eye on some of the top projects in the space. In this article, we'll take a look at the top 8 ERC20 tokens to invest in this year. From DigiToads to Calvaria, each of these projects has something unique and is definitely worth considering for your portfolio. 1. DigiToads DigiToads is a new play-to-earn token with a toad-themed ecosystem designed to increase the passive income-earning potential of token holders. Developing a Web3 game where players can purchase, collect, and train toad NFTs as pets is one of the most exciting aspects of DigiToads. These toads can be used in battle and to climb the leaderboard rankings in exchange for the game's native currency, TOADS. At the end of each gaming season, half of the total prize pool, collected from in-game item sales, is distributed proportionally to the top 25 percent of players. Even if players don't finish in the top 25%, they still get 10% of the total prize pool. Additionally, 2% of each TOADS sale is dedicated to the staking pool, implying that players who stake their NFTs are eligible for large payouts. Notably, DigiToads are automatically burned at a rate of 2% of all TOADS transactions, resulting in a decreasing supply and increased potential for long-term appreciation for those who hold it. DigiToads presale has already raised over $340K in two weeks, so the project is truly about to make a revolution in the blockchain gaming industry. For More Information on DigiToads: Visit The Website: https://digitoads.world Join The Community: Linktr.ee/digitoads 2. ApeCoin ApeCoin is a relatively new ERC20 token developed by Yuga Labs, the creator of the Bored Ape Yacht Club and Mutant Ape Yacht Club non-fungible token (NFT) collections. APE is a governance and utility token used as the primary token in Web3 for art, gaming, entertainment, and events. Bored Apes, a collection of 10,000 unique digital artworks, has become a trademark of ApeCoin. ApeCoin is a decentralized autonomous organization (DAO) whose governance and management are handled by token holders. Therefore, all ApeCoin holders have the opportunity to join the ApeCoin DAO and have a say in how the Ecosystem Fund is distributed, as well as other governance rules, projects, and partnerships. The Ape Improvement Proposal (AIP) Process provides a methodical framework for community members to submit proposals in one of three broad categories: Core, Process, or Informational. 3. Decentraland Decentraland is a widely used metaverse platform that allows for digital advertising for blockchain-friendly brands and play-to-earn crypto games like ICE poker, virtual concerts, and more. Users can buy, sell, and manage virtual reality applications on this platform, encouraging more developers and operators to join the project's global network. The platform's original token, MANA, can be used to purchase LAND. LAND is a non-fungible digital asset stored in an Ethereum smart contract. The MANA currency serves many purposes beyond just facilitating avatar comparisons. In this online environment, users can buy land to construct, explore, and run their own businesses. 4. Uniswap Uniswap is an Ethereum-based protocol for executing decentralized exchanges. It allows users to trade any ERC-20 token without a central intermediary. Launched in November 2018, Uniswapis based on the Ethereum platform and takes advantage of its smart contracts, which carry out actions automatically once certain criteria are met. Since the protocol is freely available, anyone can use it to start new markets or participate in existing ones. The Uniswap protocol relies fundamentally on an AMM structure to facilitate trades. Instead of an order book, this model uses a mathematical algorithm to establish the value of tokens. Traders who contribute liquidity to the protocol do so by placing an equal number of two tokens into a liquidity pool, from which they receive liquidity pool tokens representing a proportional allocation of the pool's total value. In exchange for trading or holding these tokens, users gain access to a proportion of the protocol's transaction fees. 5. Maker Using the Ethereum blockchain, Maker (MKR) operates as a DAO to oversee the Maker Protocol. Dai is a stablecoin whose value is pegged to the US dollar, and it can be created on the Maker protocol, a decentralized lending platform. Using the Maker Protocol, borrowers can secure Ethereum as collateral and borrow Dai at a predetermined collateralization ratio. The system is set up to keep the value of a Dai at 1 USD at all times. MKR is the Maker protocol's token of governance. Holders of MKR can vote on proposed amendments to the protocol, such as the addition or deletion of collateral types and adjustments to the risk parameters. When the collateral value drops below the required collateralization ratio, auctions of unsecured debt are triggered, and MKR holders must participate in keeping the system stable. One of its most notable features is the Maker protocol's flexibility in accepting cryptocurrency, fiat currency, and even other stablecoins as collateral. This ensures that there are no central points of failure in the protocol and that it can continue to operate independently. All transactions and balances in Maker are public and auditable via the blockchain, adding to the protocol's credibility. 6. Yearn Finance Yearn Finance is a DeFi yield farming platform focused on helping its users maximize their cryptocurrency investment returns. Yearn Finance allows owners of ERC20 tokens to either lend out their tokens at potentially high-interest rates or stake them on the blockchain of a given project in exchange for rewards. The Yearn Finance token (YFI) is an ERC20 token unique to the platform. Its primary function is a governance token that entitles token holders to a say in which future projects the platform will support. YFI token holders are also eligible for a cut of the company's profits. A portion of the fees paid by Yean Finance users is allocated to managing the investments delivered to YFI token holders. 7. Dash 2 Trade Dash2Trade, a novel social trading and analytics tool, is another ERC20 token that deserves your attention. Its goal is to arm users with all the data they need to make educated decisions in the cryptocurrency market. Social trading, listing alerts, market news, on-chain analytics, and automated trading tools are just some of the platform's many features. Dash2Trade's native D2T token is what makes the platform work. D2T uses the Ethereum blockchain and has a maximum supply of 1 billion coins. 8. Calvaria Last but not least, we have Calvaria, an innovative crypto-card game. It is the traditional play-to-earn that allows users to earn money by competing against other users. The goal is to create a game that can bridge the gap between the "real world" and the crypto world, making it fun and approachable, and accessible on iPhone, Android, and PC. $RIA will be utilized to support the entire gaming ecosystem and awarded to tournament winners. The tokens are tradable on marketplaces and can be used to purchase virtual goods such as NFT cards. Players will also be rewarded with $eRIA (earned ria) tokens for their time and effort in the game. The $eRIA token will have utility and value in and out of the crypto community. Final Takeaway Investing in ERC20 tokens can be smart for those looking to diversify their cryptocurrency portfolios. With the wide range of benefits, the Ethereum blockchain offers, it's no surprise that many projects choose to release their tokens on this platform. The top 8 ERC20 tokens mentioned in the article offer unique features and growth potential, so diversify your portfolio and maximize your returns in the long term. To purchase DigiToads visit: https://digitoads.worldTo purchase the other tokens on this list head over to eToro or any major crypto exchange 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.

Bitcoin is currently at a place which will decide the fate of the long-term BTC price trend, says Material Indicators.

The metaverse team at Disney has been laid off as a part of its company-wide staff reduction. What Is Happening To Metaverse Projects? Is the metaverse dream crashing? After Meta shelving its NFT project, Disney has been the next to cull its metaverse plans. According to the latest reports, the entertainment giant recently terminated 50 people who comprised its metaverse team in what the company is calling an attempt to control costs. CEO Bob Iger has called for the need for a streamlined business, and the company is in the process of laying off over 7,000 staff members from its entire roster as a part of this initiative. It looks like the metaverse team was just part of the casualties. It is clear that even Disney is not shielded from the economic downturn impacting large companies and has been forced to rethink expensive dream projects which are not bringing in any immediate revenue. Disney's Web3 Initiatives However, letting go of the metaverse team might indicate an issue deeper than the need to &ldquo;streamline&rdquo; business operations. It is clear that the company is questioning the continued value of Web3. The conglomerate had jumped on the Web3 bandwagon, much like all other major entertainment companies. Even though 2022 was a tough year for crypto, that was the year Disney chose to embark on its metaverse journey. The company started off by selecting Polygon as its blockchain partner. It also underwent rampant resource deployment for Web3 and started hiring initiatives for several positions; one of these include an in-house legal counseling position involving NFTs, blockchain, metaverse, and DeFi. Metaverse Shelved With Leadership Changes In February 2022, the former CEO of Disney, Bob Chapek, brought Mike White, who used to be the SVP of consumer experiences and platforms, to head the metaverse division. White was charged with spearheading Disney&rsquo;s Web3 expansion by developing interactive storytelling using Disney&rsquo;s extensive library of intellectual property. Soon after, in November 2022, Iger took over the company&rsquo;s leadership from Chapek and, despite recent developments, appeared quite bullish on the metaverse. However, last month the company announced that budget cuts for around $5.5 billion would soon be happening in the company, which would mean eliminating around 7000 jobs as a part of a broader restructuring. The entire metaverse team, other than White, has been let go, according to reports. Although White has retained his job, it is uncertain what his new position at the company is going to be. 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.

Toncoin and OKB go from strength to strength in terms of price action, Algorand face trouble after a $9 million dollar hack of the MyAlgo wallet, whilst Collateral Network, a new platform that allows people to use real world assets as collateral to borrow cryptocurrencies, release their token COLT in the first stage of its […]

A judge has recently passed a ruling to temporarily halt the sale of the Voyager Digital company and its assets to the crypto exchange, Binance.US. Federal Judge Halts Voyager Acquisition Judge Jennifer Rearden of the U.S. District Court in New York granted the request of the United States government for an emergency stay when she temporarily halted the $1 billion sale of the bankrupt Voyager Digital to Binance.US. Her ruling granting the request stated, &ldquo;Upon consideration of all parties&rsquo; written submissions, as well as the conferences and oral argument held in this matter, the Government&rsquo;s emergency motion is hereby GRANTED.&rdquo; The order passed by the Federal Judge will put a pause on the potential deal between Voyager Digital and Binance.US, which will need to wait till a decision is made on the Department of Justice&rsquo;s appeal against the bankruptcy plan. The other alternative route for the acquisition to go through is to appeal to a higher court and get a ruling trumping that of the Federal Judge. DoJ Requested Emergency Stay The appeal for an emergency stay on the sale was filed by the DoJ on March 17 and was immediately challenged by Voyager Digital and the Official Committee of Unsecured Creditors on March 20. The DoJ responded to that in a final &ldquo;reply&rdquo; motion on March 21 and was granted its request by the Federal Judge on March 27. In response, the Voyager Official Committee of Unsecured Creditors tweeted, &ldquo;The Committee is still analyzing the situation and awaiting the district court's forthcoming written opinion. We will continue to aggressively oppose the Government&rsquo;s efforts and will provide further updates as they become available.&rdquo; Voyager&rsquo;s Bankruptcy Journey The federal judge will soon release a statement to highlight the situation more. Voyager Digital was one of the many other crypto companies that fell under the curse of the 2022 bear market and declared Chapter 11 bankruptcy on July 5. The defunct-crypto exchange has been focusing on developing a plan to redistribute funds ever since, and the Binance.US deal was struck as a result of that. Binance.US, a separate entity from the Binance crypto exchange, received approval from Judge Michael Wiles on March 7 to acquire Voyager assets. The approval ruling also mandated the issuance of bankruptcy tokens to impacted Voyager customers. Regulators Opposing Acquisition However, since the approval went through, the acquisition process has received pushback from more than one U.S. regulatory body. Other than the Department of Justice, the U.S. Securities and Exchange Commission also passed a motion on March 15, in which it argued that the acquisition of Voyager Digital by Binance.US would lead to an increase in fraud, theft, and tax evasion. Judge Wiles successfully squashed this claim. 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.

AllianceBlock, a blockchain-agnostic platform, has signed a deal with business data provider Crunchbase to import traditional finance data into the DeFi ecosystem.