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Prometeus(PROM)

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$4.6127
(-1.49%)
0.00016262 BTC
Market Cap (Rank#284)
$84,181,879
2,968 BTC
Vol 24h
$4,641,312
163.625 BTC
Circulating Supply
18,250,000
Max Supply
20,000,000
1h ago cryptodaily
SEC Charges Justin Sun With Securities Law Violation
Other charges of “wash trading” and “bounty program” have also been brought against the TRON Foundation and its founder by the SEC. TRX Is Unregistered Securities: SEC The U.S. Securities and Exchange Commission (SEC) has recently filed charges of securities law violation against TRON Foundation founder Justin Sun. The lawsuit has also named his other companies - BitTorrent and Rainberry Inc., along with Tron foundation for allegedly conducting the unregistered sale of what the SEC calls “crypto assets securities.” Although none of the court rulings have declared any cryptocurrency to be a security, the SEC has been determined to prove that it is so. The fact that Sun and his companies offered and sold the Tronix (TRX) and BitTorrent (BTT) tokens to the public has rubbed the SEC the wrong way, as it claims that these tokens should have been first registered as securities. Charged With Wash Trading The SEC has also alleged instances of extensive wash trading in these cases, where Sun and his companies tried to “fraudulently manipulate” the secondary market for TRX. This means that the defendants were simultaneously buying and selling the same crypto asset to dupe customers into believing that the platform experiences high volumes of trading activity. According to the regulatory body, employees at TRON Foundation conducted over 600,000 wash trades of TRX between the two accounts controlled by Sun himself. During this period, $4-6 million worth of TRX was washed daily under the direction of the CEO himself. SEC Alleges “Bounty Program” To top it all off, the SEC also charged eight celebrities for promoting the TRX and BTT tokens through an illegal “bounty program.” This means they were incentivized with TRX and BTT distributions to promote the tokens on social media, recruit others to the token’s Telegram and Discord channels, and create BitTorrent accounts. According to the SEC, these paid promotions did not disclose to the public the full nature of the incentivization received by the celebrities, and neither did they disclose the risks associated with such investments. The eight celebrities named in the charges are Lindsay Lohan, Jake Paul, DeAndre Cortez Way (aka Soulja Boy), Austin Mahone, Michele Mason (Kendra Lust), Miles Parks McCollum (Lil Yachty), Shaffer Smith (Ne-Yo), and Aliaune Thiam (Akon). SEC Chair Claims Misconduct SEC Chair Gary Gensler addressed the matter in his latest statement, “As alleged in the complaint, Sun and others used an age-old playbook to mislead and harm investors by first offering securities without complying with registration and disclosure requirements and then manipulating the market for those very securities. At the same time, Sun paid celebrities with millions of social media followers to tout the unregistered offerings, while specifically directing that they not disclose their compensation. This is the very conduct that the federal securities laws were designed to protect against regardless of the labels Sun and others used.” 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 ago cryptodaily
What Is a Decentralized Autonomous Organization? How Does It Change the Game?
Crypto has come a long way, that is for sure. Ever since the first cryptocurrency launched and the first pizza bought with Bitcoin, the technology that empowers the crypto field has evolved in a way and with a surprising speed. These days, there are almost 25,000 cryptocurrencies in existence, and the number keeps growing. Plenty of crypto projects are launched daily, and most aim to solve various issues in the industry during the past years. Among all the new platforms launched every day in the crypto space, decentralized autonomous organizations seem to be making quite a buzz lately. Thus, what is a decentralized autonomous organization, how does it work, and why has this concept become so popular? What Is a Decentralized Autonomous Organization? Also called DAO, a decentralized autonomous organization is an entity with no central leadership. The members of a DAO usually have the same goal, and they all contribute to the decision-making process. Usually, decentralized autonomous organizations work based on a set of rules enforced on a blockchain. The first DAO was launched in 2016 when a group of developers came up with the idea of an entity that has and promotes one of the most valuable and popular blockchain-related characteristics: decentralization. This feature is what makes the whole DAO concept work the way it does and maintains its relevance in the crypto space. The simple fact that no central authority governs the decentralized autonomous organization encourages members’ participation in the project’s ecosystem. This way, such community-driven organizations can build incentivized communities around their concepts, allowing users to interact with other crypto enthusiasts from all over the world. Furthermore, a DAO constantly works to maintain its transparency. To do that, each vote is made publicly viewable so that every user can research how each vote goes, who votes for what, and which are the most active members. How Does a DAO Work? Usually, decentralized autonomous organizations rely on smart contracts that can streamline the whole decision-making process while also maintaining transparency. Those able to vote share the voting power according to the number of tokens they hold. For instance, while a user who holds 50 tokens will have a certain amount of power, one who holds thousands of that specific token will most certainly have a much bigger voting power for every vote occurring in the DAO’s ecosystem. And there is one simple reason for that: users who have invested significant amounts in a particular DAO will be encouraged to act in a way that will benefit the whole community, while those who hold fewer tokens will be incentivized to buy more to have more power in the ecosystem. And if there is a possibility that the users with higher power act badly and affect the community, they will put their investments at risk. Pros and Cons of DAOs Undoubtedly, DAOs have become popular for a reason: they are concepts that can benefit crypto users and the whole cryptocurrency industry. And one of the most essential and useful benefits of DAOs is the fact that such community-driven cryptocurrencies maintain a remarkable level of decentralization. The Pros of a DAO In the ecosystem of a decentralized autonomous organization, there is no leader, and no single user or entity controls everything. Instead, the power is distributed across the entire network, thus assuring that the project is achieving one of the 3 most popular crypto features: decentralization. When integrated with Web3, the DAO concept can do wonders. When every crypto project aims to revolutionize a specific topic, a decentralized autonomous organization focusing on Web3 will increase the level of decentralization in such spaces and will build new perspectives for Web3 users. A good example is MetFi, a DAO developed on Binance Smart Chain that aims to be the world’s first Metaverse and Web3 incubator, significantly investing in the next wave of Metaverse and Web3 unicorns. Launched in May 2022, MetFi constantly works to introduce increasingly more projects to its community and global network of advisors while also giving individuals the opportunity of experiencing the benefits of the Metaverse, Web3, and NFTs. And with decentralization usually comes equality. Each user can contribute to the evolution of a DAO’s ecosystem, no matter their holdings in the community. Any stakeholder can and is encouraged to share their ideas, while everyone will be able to see and vote for them. Furthermore, the fact that a DAO relies on smart contracts results in a high level of neutrality, as no user or entity controls the rules of such an ecosystem. Instead, after being built, the smart contracts are implemented, and there is no need for a third party to control or manage the activity of a decentralized autonomous organization. The Cons of a DAO However, there are some downsides to DAOs, too, and they cannot be forgotten. First, the fact that users have a specific voting power given according to their investment can lead to a concentration of voting power. For instance, assuming that a user holds over 50% of the circulating supply of a DAO and decides to vote in a particular way, their power will be able to cancel the other votes. Another downside of decentralized autonomous organizations does come as a result of one advantage of such projects. The fact that such community-driven cryptocurrencies get a good level of decentralization through the fact that every user has voting power affects the overall quality of transactions. When each transaction has to pass a voting process, the transaction time can be considerably higher. Final Thoughts Crypto is gaining remarkable popularity, which is not surprising, considering the innovations this field brings and the tremendous number of users open to learning more about the cryptocurrency industry. DAOs, or decentralized autonomous organizations, are community-driven cryptocurrencies not controlled by any central authority. Instead, all users have voting power according to their token holdings and can actively contribute to the decision-making process. DAOs aim and manage to maintain high levels of decentralization, equality, and neutrality, advantages that will incentivize increasingly more users to join such ecosystems. On the other hand, decentralized autonomous organizations have some downsides. For instance, the fact that every change in the ecosystem implies a vote in which all the users should participate can affect the transaction time. Moreover, sharing the power according to the tokens held can lead to a concentration of power and affect the community long-term. 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.
2h ago cointelegraph
SEC promotes self-custody and DeFi staking
By taking control of one's own digital assets and private keys, individuals and institutions can ensure the security and flexibility of their assets.
3h ago cryptodaily
StormGain Launches DEX As Self-Custody Demand Grows
Cryptocurrency platform StormGain has launched a decentralized exchange (DEX) to support the decentralized trading of digital assets with no custodial risk. The DEX has exited beta testing following several weeks of trials and is available on web and smartphone apps. The role of DEXs in cryptocurrency trading has gained attention following the collapse of several centralized crypto platforms and prominent technology-focused banks. Decentralized platforms allow users to retain control of their keys and access to their coins. StormGain’s DEX provides a non-custodial alternative to complement its centralized exchange (CEX) as part of its growing product range, allowing crypto traders to choose their preferred system. To trade on the DEX, a user connects their own non-custodial blockchain wallet and places trades directly, with all orders settled on the blockchain. The DEX has only read-only permissions for the wallet. There is no need for the user to register an account or make a deposit. Smart contracts enable orders to be executed promptly and efficiently. Users can connect any wallet that supports the WalletConnect protocol, such as MetaMask, Trust Wallet and Argent, with more options to be added soon. The DEX supports the Ethereum blockchain and will add support for the Binance Smart Chain and Tron. StormGain DEX offers deep liquidity, a range of trading pairs and up to 500x leverage. Traders can access over 55 crypto instruments, including options and tokenized commodities. 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.
5h ago cryptopotato
$260M Liquidated Amid Bitcoin’s Rollercoaster Prompted by Fed’s Rate Hike: Market Watch
Litecoin is among the very few altcoins with notable gains in the past 24 hours.
16h ago coindesk
Binance Curb on Zero-Fee Trading May Cost Market Share, Boost TrueUSD Stablecoin
Binance abolished almost all zero fee trading pairs from its platform after nine months, only keeping the promotion for the TUSD-bitcoin pair.
18h ago cointelegraph
SEC files lawsuit against Tron’s Justin Sun and celebrities over crypto securities offering
Among the celebrities who settled with the SEC for their alleged role in promoting TRX and BTT were actress Lindsay Lohan, YouTuber Jake Paul, and singer Akon.
19h ago coindesk
SEC Sues Jake Paul for 'Illegally Touting' Justin Sun-Linked Cryptos
The securities regulator said Paul participated in a scheme to illegally promote TRX and/or BTT.
20h ago cointelegraph
French lawmakers propose ban on crypto influencer promotions
According to the proposal, individuals caught violating these prohibitions could face a two-year prison sentence and a 30,000 euro fine.
20h ago cryptopotato
Fed Hikes Interest Rates By 25 Points, Prompting Bitcoin Volatility
The Fed is continuing its inflation fight, asserting that the banking system remains “strong and resilient.”
21h ago cryptodaily
Ripple’s XRP Rockets 20% Overnight
XRP, Ripple XRPLedger’s native token, saw a substantial overnight run attempting to hit its bullish target of $0.50 but ultimately fell short, reaching a high of $0.49. XRP broke away from the general crypto market, recording massive gains and reaching its highest levels since November 2022. XRP, the native token of cross-border payment settlement firm Ripple’s XRPLedger, witnessed an incredible surge on Tuesday, breaking into a solo rally which yielded overnight gains of over 20%. XRP Rides the Wave of Fed Hikes and Banking Failures In response to the voluntary liquidation of Silvergate Bank and Silicon Valley Bank’s (SVB) collapse, crypto investors have become bullish on Bitcoin and altcoins. As one of the most prominent altcoins by market cap, XRP’s price surged on the back of the recent U.S. banking crisis and the anticipation of an interest rate hike by the U.S. Federal Reserve. The Fed’s consequent decision to inject liquidity into the economy and protect banks from collapse has been the catalyst to drive investors toward decentralization and cryptocurrencies. XRP is currently trading at $0.44, representing gains of over 20% in the past 24 hours and 16% on the weekly chart. Bullish Sentiment Surrounding SEC Case XRP has also responded to recent developments in its case involving the United States Securities and Exchange Commission (SEC). Analysts claim that investors have become more confident in the case’s outcome after a Letter Notice of Supplemental Authority was filed by the defendants in the case. Attorney James Filian revealed in a tweet on March 20 that the defendants in the case sought to support their fair notice defense by referencing a separate legal case where Judge Michael Wiles of the U.S. Bankruptcy Court for the Southern District of New York rejected the SEC’s argument, ruling that it was too vague. The SEC objected to Binance.US’s bid to acquire Voyager Digital’s assets which included an asset known as VGX. The agency claimed that Voyager was an unregistered securities exchange and VGX has “aspects of a security”, to which it gave no further explanation. Judge Wiles stated in his ruling: I reject the contention that the Court, and the Debtors, somehow were supposed to figure out for themselves just what ‘aspects’ of the VGX token might be considered to be aspects of a ‘security,’ or just what particular activities of Binance.US allegedly could raise registration issues, and then somehow to offer evidence and legal argument on those points. Ripple has continually asserted that the lack of clear guidance from the SEC regarding securities laws for digital assets has caused great confusion and uncertainty in the market and made it increasingly difficult for participants to understand how to comply with regulations. A lot hinges on the outcome of the lawsuit, which is expected to have a far-reaching impact on the entire crypto asset industry, which has been stuck in confusion amid the lack of regulatory clarity. Ripple CEO Brad Garlinghouse has also managed to settle investor’s concerns after it was revealed that Ripple Labs had “some exposure” to SVB. Garlinghouse assured investors that the company “remains in a strong financial position despite its exposure to the failed bank.” Obviously a lot is still unknown about what happens with SVB, and as is the case with many others, we hope to have more details soon – but rest assured, Ripple remains in a strong financial position. — Brad Garlinghouse (@bgarlinghouse) March 12, 2023 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
Biden economic report puts Bitcoin in a bad light
As people flee the banking system into Bitcoin, even the U.S. President is attempting to besmirch the world’s most popular cryptocurrency. In the recently released annual Economic Report of the President, Bitcoin was given some rough treatment. It was mentioned no less than 75 times in the report, and was compared extremely unfavourably with the U.S. government’s choice of a central bank digital currency (CBDC). What does crypto do? The report did include a section on how Bitcoin works and stated that Bitcoin came about as “something of a repudiation of the existing financial intermediaries that caused the crisis” (Great financial crisis). Then follows what is perceived by the report to be “claims” on what Bitcoin can do. This is set down as: Crypto Assets Could Be Investment Vehicles Cryptocurrencies Could Offer Money-like Functions without Relying on a Single Authority Crypto Assets Could Enable Fast Digital Payments Crypto Assets Could Increase Financial Inclusion Crypto Assets Could Improve the United States’ Current Financial Technology Infrastructure The reality of crypto Next is what the report calls The Reality Of Crypto Assets”. Here it attempts to debunk the earlier “claims” of cryptocurrencies. It starts by stating that “crypto assets are mostly speculative investment vehicles”, calling them “volatile” and therefore “highly risky”. The report authors call into question cryptocurrency as “money”, and declare that cryptocurrencies “generally do not perform all the functions of money as effectively as sovereign money” (e.g. US dollar). “Run risk” Stablecoins are also maligned in that they are said to be “subject to run risk”. This does seem a little rich considering the current environment of impending bank runs, which has only been averted for the time being due to the sheer amount of currency that has been thrown at the problem by the Federal Reserve and other central banks. No mention either of how the general public will pick up the tab through severe dilution of fiat currencies that rob people of purchasing power. Fraud, Blockchain, and CBDCs Next is the assertion that “crypto assets can be harmful to consumers and investors”, stating that many of the participants in the crypto sector do not comply with existing laws and regulations. Crypto “fraudsters” are singled out, such as BitConnect and FTX, and explanations are given as to how their frauds were carried out. A section on how Distributed Ledger Technology (DLT) and Blockchain are just glorified databases comes next, and then all the “other risks” of digital assets that the report’s authors could think of. The report then gets on to eulogising on how a central bank digital currency (CBDC) can “realise the benefits that crypto asset developers have promised”. Fully fledged attack on crypto The publishing of such a report leaves no one in any doubt as to the Biden Administration’s stance on Bitcoin and cryptocurrencies. Operation Choke Point is very real, and it would appear that the government will go to any lengths in order to cut crypto off from the banking system and drive people out of cryptocurrencies. Perhaps what is being said here might fall on deaf ears, given that the vast majority of the population will very likely not read the report, but given some of the technical explanations it is probably aimed at the upper end of the population. It must have been more than slightly problematic to have released this report on the back of bank failures and the biggest currency printing spree since Covid, but with a banking meltdown potentially on the cards within the year, no time better than the present. 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 coindesk
French Lawmakers Agree to Effectively Ban Crypto Influencer Promotions
Social media stars wouldn’t be allowed to shill unlicensed crypto under anti-scam plans voted on by the National Assembly’s Economics Committee Wednesday
1 day ago cryptodaily
Fujitsu Looking To Offer Crypto Services
A recent trademark filing reveals that the Japanese tech company Fujitsu is reportedly looking into offering crypto trading services. Licensing Attorney Unveils Fujitsu’s Crypto Interest The Japan-based tech company Fujitsu is looking into offering crypto trading services. The company has recently filed an application for trademarks covering a broad range of services related to banking, finance, and cryptocurrency. The information was shared by trademark attorney Michael Kondoudis, who specializes in NFT and metaverse licensing. Kondoudis revealed that the tech giant filed the application on March 16, and some of the financial services that it is seeking to license include money exchange, securities trading, insurance brokerage, tax planning, and cryptocurrency trading. On March 21, Kondoudis tweeted, “Is Fujitsu moving into banking, finance & crypto? The international tech co has filed a trademark application for exchanging money, securities trading, insurance brokerage, tax planning, [and] cryptocurrency trading.” Financial Insitutes And Their Crypto Adventures As a prominent technology company, it would make sense for Fujitsu to take the next step into cryptocurrency and other web3 technologies. The company had already announced its announced the creation of an Open Metaverse Infrastructure. Many other tech firms have decided to follow this course of action. However, Fujitsu’s position as the largest IT services provider in Japan just highlights further how quickly and expansively crypto is permeating into the businessworld. Digital finance and cryptocurrencies have become an intrinsic part of the entire umbrella of technological innovation. If crypto services are actually offered on this platform, it could impact the established players in the industry and shake up the landscape of the financial services industry. Crypto Vs. Quantum Computing There is another interesting angle to this story. Turns out that the company had already been dabbling in quantum computing. As per reports, Fujitsu had been working alongside Riken, which is the country’s biggest research institute, to develop Japan’s first quantum computer. This is at odds with the company’s crypto ambitions as there are implications that quantum computers could affect cryptocurrencies like Bitcoin in a negative way. For example, quantum computing could enable hacking of asymmetric encrypptoon and break into Bitcoin wallets. In fact, this negative application of quantum computing has been researched upon by a team of scientists at Sussex University, who concluded that the technology could be used to decode the SHA-256 cryptographic algorithm and ultimately affect the impenetrability of the Bitcoin network in the next decade. Therefore the question remains - why would Fujitsu invest in two such technologies, where one has such negative implications for the other? 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 cryptopotato
Circle Executive’s Twitter Account Hacked to Promote Fake USDC Airdrop
Hackers have used a Circle executive's Twitter account to promote a fake USDC airdrop.
1 day ago cryptopotato
KyberSwap Announces First ARB Token Liquidity Pools, Liquidity Mining, Trading Campaigns on Arbitrum
[PRESS RELEASE – Ho Chi Minh City, Vietnam, 22nd March 2023] Since launching in 2021, Arbitrum has emerged as one of the most promising Layer 2 solutions, with its ability to scale Ethereum and enable faster and cheaper transactions. On March 16, Ethereum Layer 2 scaling solution Arbitrum announced plans to distribute a new governance […]
1 day ago cryptodaily
Arcade fighting game Battle of Olympus to launch presale for GODLY token on Arbitrum on March 27
London, United Kingdom, 22nd March, 2023, ChainwireBattle of Olympus, an arcade street fighting game, is set to launch the first phase of its presale for its in-game currency $GODLY on Arbitrum on Monday, March 27.Battle of Olympus stands alone as one of the few Web3 games with a fully working demo, with an update due in Q2 2023, and an upcoming collection of in-game digital collectibles. Set in the cyberpunk city of Olympus, fight against other players and several Greek gods. Battle your way to the top of Olympus to conquer the metropolis! Play the demo here.Battle of Olympus is the first flagship game developed by Revenant, a decentralized gaming ecosystem founded in 2022.The earliest investors will benefit from getting the $GODLY token at its lowest price. The first stage of the presale is available for $0.0221, with the price increasing through four rounds.Battle of Olympus to focus on gameplayWith a team full of hardcore gamers, Battle of Olympus' developers understand that long-term success requires engaging gameplay that keeps players hooked for hours on end. Therefore, Battle of Olympus provides gameplay unlike any other, based on roguelike and RPG elements.Although players earn rewards as they progress, it will not come at the expense of their enjoyment or project sustainability. Battle of Olympus prioritizes gameplay rather than earning potential to provide an experience reminiscent of classic games, like Street Fighter, Tekken, Mortal Kombat, and many other classic fighting titles.Battle of Olympus employs a rewards model to balance financial incentives and player enjoyment to attract and retain players, leading to a more sustainable in-game economy. Simply put, rewards are a bonus rather than the primary reason for playing.Battle of Olympus will also have in-game items and fighters that are mintable as NFTs. Players can own their character, providing the option to trade or sell them on the Revenant Marketplace.What is the $GODLY token?$GODLY is the primary ERC-20 token within Battle of Olympus with several uses to benefit players and investors. It can be used to purchase various items, including loot boxes, consumable items, and boosters, but also for wagering in PVP matches.Play the Battle of Olympus DemoWhat makes Battle of Olympus stand apart from most Web3 games is its demo, released in 2022, where players can battle as either Zeus or Hades for bragging rights over Olympus.Whereas many crypto games prioritize unsustainable tokenomics or overpromise without delivering, Battle of Olympus team puts game development to produce an enjoyable experience first. A new PVP demo will be released in Q2 2023 for you to test your fighting skills against friends in the cyberpunk metropolis.Battle of Olympus GameplayBattle of Olympus includes two types of gameplay: PVE, where players and their faction will capture god territories during a season on the Olympus Map, and PVP, where players use their weapons and armor to battle against others.RewardsPlayers will earn several rewards while playing Battle of Olympus.As players progress, they become eligible for weapon and armor drops to upgrade their character or trade on the Revenant Marketplace. Gamers will also receive tokens for their achievements, such as winning tournaments, seasons or climbing the leaderboards.Battle of Olympus presale and tokenomicsBattle of Olympus will launch the first stage of its presale on March 27, with the $GODLY token on sale for $0.0221.Through three presale rounds, $GODLY will increase to a launch price of $0.05.$GODLY has a total supply of 100 million tokens, with 16% of these allocated to three presale rounds (OG Whitelist, Public Whitelist, Public Sale) and 4% to seed investors.The $GODLY presale will include four rounds of investment before its public launch:Seed RoundOG Whitelist - March 27Public Whitelist - March 29Public Sale - March 31For an in-depth breakdown of the tokenomics, including fundings rounds, vesting periods, and more, click here.How to buy $GODLY during the presale$GODLY tokens will go on sale on March 27 on the dedicated presale platform.For the first 2 rounds of the presale, players will need to be on the OG Whitelist or Public Whitelist. However, once those rounds have been completed, the final Public Sale round will be open to the public on Friday, March 31. Anybody will be able to buy $GODLY at a huge discount compared to its exchange price.Keep an eye on the Battle of Olympus Twitter and Discord for a full step-by-step guide on how to buy $GODLY during the presale.About Battle of OlympusBattle of Olympus is an arcade street fighting game and the first flagship game developed by Revenant, a decentralized gaming ecosystem for gamers, game developers, and investors. Set in the cyberpunk city of Olympus, fight against other players as one of several Greek gods. Join the community: Twitter | Discord | Telegram | Play the demo | Website | WhitepaperContactCMOAlejandro PCBattle of [email protected]
1 day ago cryptodaily
Virtual Duo Babka and Nushi Honor Game Developers Worldwide at GDC
Los Angeles, United States, 22nd March, 2023, ChainwireGDC 2023 is finally in full swing, and a mysterious Oscars-style red carpet and stage are piquing the interest of global game developers. Thanks to a gamer grandma and her robotic feline buddy, this year, for the first time, game-makers of all sizes will have the chance to share the limelight and promote their games on stage, live stream, and on social media.Located in the prime location of the Moscone South lobby at GDC 2023, the stage is hosted by virtual influencer Babka. Her fellow time-traveling companion, Nushi, the cat, will also be in attendance and has taken the form of a robotic quadruped, crafted by esteemed Hollywood creature artist Salvatore Salamone, whose credits include The Dark Crystal: Age of Resistance and Avengers: Endgame. Babka and Nushi’s mission is to show the power of interactive technology and how games can transcend the screen, meeting thousands of game devs eager to get the word out about their newest game releases and upcoming projects. The duo will be at the show until Friday, March 24, 2023.Developers who walk the red carpet will get the chance to take a photo with Babka and Nushi, as well as conduct a video interview about their projects to be streamed on Twitch and promoted across various social media channels including Twitter, Instagram, and TikTok. Streams and footage will be shared under the hashtag #LivingLegends, encouraging influencers, gamers, and developers alike to give a shout-out to their favorite creators in a celebration of the global games industry’s creativity. Special giveaways are also up for grabs throughout the event.“Game developers are celebrities in the future, so much so that Nushi and I traveled back in time just to meet some of our favorites, which isn’t easy!” said time-traveling gamer grandma and virtual influencer Babka. “And when I say favorites, I mean everyone because we love all creators. GDC is not just a large get-together of the global games industry, it’s a celebration of it. So please drop by and tell the world about your amazing games, and also take a selfie with Nushi and me! Please. Seriously. We have traveled across the space-time continuum to meet you!”The event is open to GDC ticket holders and can be found at the Moscone Center in San Francisco in the Moscone South lobby. Starting Wednesday, March 22, Babka will be streaming on-site and online with Twitch influencers such as Esfand. Interviews, photos, and the #LivingLegends stories will be shared across social media. users can catch up with the latest events from the show floor by following Babka (@yo_babka) on Twitter and Instagram and Nushi the cat (@yo_nushi) on Twitter and Instagram accounts.About Babka and NushiBabka is a gamer, grandma, and virtual influencer who has traveled back to our present to meet her favorite game creators, #LivingLegends at #GDC23. Babka’s mission is to meet developers, promote their games, and help the entire industry find success. Babka was led to the present by Nushi, Babka’s dedicated scout, who took the form of a robotic cat and became the first animal consciousness to traverse time and the metaverse.ContactCEORana RahmanRaptor [email protected]
1 day ago cryptodaily
KyberSwap announces first ever $ARB token liquidity pools, liquidity mining and trading campaigns on Arbitrum
Ho Chi Minh City, Vietnam, 22nd March, 2023, ChainwireSince launching in 2021, Arbitrum has emerged as one of the most promising Layer 2 solutions, with its ability to scale Ethereum and enable faster and cheaper transactions.On March 16, Ethereum Layer 2 scaling solution Arbitrum announced plans to distribute a new governance token, $ARB, to its eligible Arbitrum ecosystem users as part of its transition, noting that the project is “leading the way as the first L2 to launch self-executing governance.”This airdrop, estimated to go live on 23 March, is set to be one of the biggest airdrop in crypto history.KyberSwap was among the protocols whose users bridged to Arbitrum and conducted swaps on the platform, thereby becoming eligible for the $ARB Airdrop.KyberSwap, a leading decentralized exchange (DEX) aggregator and liquidity platform, will launch the first-ever $ARB token liquidity pools, liquidity mining, and trading campaigns on the Arbitrum Chain. These moves mark significant steps forward for KyberSwap, as it will assist to catalyse significant liquidity inflows, thus increasing TVL and provide more earning opportunities in the rapidly growing Arbitrum ecosystem.With the launch of the $ARB liquidity pools, KyberSwap users will now have access to more trading pairs and liquidity options. Liquidity providers will also have more opportunities to earn fees and rewards by adding liquidity to the $ARB pools and participating in liquidity mining programs by KyberSwap.The following ARB pools will be eligible for liquidity mining rewards:Token PairsARB-ETH (2%)AprARB-ETH (5%)ARB-USDT (2%)ARB-USDT (2%)ARB-KNC (5%)An estimated total of 70,000 KNC has been allocated as reward incentives. *Incentives may continue after the designation duration is over; to be confirmed at a later date.Greater Flexibility with new Fee TiersWith these highly anticipated yield farms, KyberSwap is introducing new 2% and 5% fee tiers, which exceeds their current highest offering of 1%. These new fee tiers provide opportunities for $ARB farmers to benefit from the anticipated high volatility and trading volume, during the price discovery phase after the airdrop. These pools offer superior returns in addition to the farming rewards, and as a liquidity protocol that has been seamlessly integrated by multiple DEXs and aggregators, KyberSwap is well poised to serve the trading needs of the entire chain not found with other competitors."We are excited to launch the first ever $ARB liquidity mining pools,” said Victor Tran, CEO and Co-founder of KyberSwap. “These farms will mark the beginning of an extensive Arbitrum-centered campaign KyberSwap has planned, and we will announce more rewards and activities soon for both LPs and traders. Additionally, traders can set their prices to purchase or sell $ARB with our limit order function and swap at the optimised rates with our aggregator.”Other Arbitrum Yield Farms on KyberSwapApart from the upcoming ARB farms, there are other ongoing Arbitrum-based yield farms on kyberswap.com:Depending on the success of $ARB trading volume, the KyberSwap team is planning additional rewards post-launch for traders and liquidity providers which may include $ARB and $KNC airdrops, and commemorative NFT rewards.According toNansen, Arbitrum was one of the fastest-growing blockchain in 2022 with more than $1.1 billion locked in its ecosystem and a rapid increase in transactional volume, this layer-two scaling solution gained massive traction during the year.*Arbitrum Active Addresses/TransactionsThe $ARB token liquidity pools, liquidity mining, and trading campaigns are set to go live on KyberSwap soon, with further details and instructions to be provided on KyberSwap’sTwitterand onkyberswap.com.About KyberSwapKyber Network is building a world to make DeFi accessible, safe and rewarding for users. Their flagship product, KyberSwap, is a next-gen DEX aggregator providing optimised rates for traders and returns for liquidity providers in DeFi.For liquidity providers, KyberSwap has a suite of capital-efficient protocols designed to optimize rewards. KyberSwap Classic’s protocol is DeFi’s first market maker protocol that dynamically adjusts LP fees based on market conditions, while KyberSwap Elastic is a tick-based AMM with concentrated liquidity, customizable fee tiers, reinvestment curve and other advanced features specially designed to give LPs the flexibility and tools to take your earning strategy to the next level without compromising on security.KyberSwap powers 100+ integrated projects and has facilitated over US$15 billion worth of transactions for thousands of users since its inception.Currently deployed on 13 chains, including Ethereum, Polygon, BNB, Avalanche, Fantom, Cronos, Arbitrum, BitTorrent, Velas, Aurora, Oasis, Optimism and Solana, KyberSwap aggregates liquidity from over 80 DEXs to give users the best rates possible for their swaps.ContactMarketing SpecialistTania [email protected]
1 day ago coindesk
Crypto Exchange Luno Rejigs Leadership Roles as It Seeks to Boost Investor Base, Eyes Public Listing
CEO Marcus Swanepoel is moving into a new role as executive chairman, and COO James Lanigan has been promoted to CEO.
1 day ago cryptodaily
Hackers Cross Paths As Lazarus Group Tries To Phish Euler Hacker
The drama surrounding the Euler Finance exploit refuses to die, as crypto Twitter played spectator to an interesting interaction between the North Korea-linked Lazarus Group and the hacker behind the exploit. Is The Swindler Being Swindled? Euler Finance’s attempts to recover its stolen assets, worth nearly $200 million, hit another roadblock as another player waded into the muddied waters. On Tuesday, a wallet linked to the North Korean hacking group, Lazarus, attempted to phish the hacker that stole the funds from Euler Finance in the first place. The drama played out as the “Ronin Bridge exploiter,” who had stolen a staggering $625 million worth of crypto from the hugely popular Axie Infinity, sent an on-chain note to the exploiter. The note asked the exploiter to decode an encrypted message. However, experts were quick to point out that the message, in all probability, was a phishing scam intending to steal the credentials for the exploiter’s wallet. The Lazarus Group is a notorious hacking group with alleged links to North Korea. The group is often seen as targeting the crypto space, siphoning billions that are used to fund the rogue nation’s nuclear weapons program. Alarm Bells Ring At Euler The exchange between the two hackers sent alarm bells ringing at Euler Finance and saw a wave of confusion go over crypto Twitter. The protocol is in the midst of attempting to recover the stolen fund, and developers were understandably worried about the developments. Minutes after the Ronin hacker reached out to the Euler hacker, developers reached out to the latter with their own messages in an attempt to warn the hacker. They asked their own hacker to be vigilant and warned them against the purported decryption software, stating that the simplest thing to do would be to return the funds. In a separate interaction, they stated, “Do not try to view that message under any circumstance. Do not enter your private key anywhere. Reminder that your machine may be also compromised.” Is The Euler Hacker A Target? The Ronin hackers’ attempts to reach out to the Euler hacker could be a veiled attempt to get access to the latter’s private key and steal the assets contained in the wallet. However, despite the speculation, the true motives of the message still remain unclear. A former developer at the Ethereum Foundation, Hudson Jameson, stated, “In my opinion, it is unknown why they are asking, but it definitely could be an attempt to see if the Euler hacker falls for a phishing attempt.” Others, such as the co-founder of security audit firm Zellic.io, Stephen Tong, speculated that the encrypted message could very well have contained an offer for the Euler hacker. However, he stated that this is something we could never know as the message could only be decrypted with the private key. Meanwhile, Euler Finance continued its efforts to negotiate with the hacker, with the hacker responding that they wished to make it easy on those affected and had no intention of keeping what wasn’t theirs. The hacker concluded their message by stating that they would communicate shortly. Or Was Lazarus Behind The Hack The Entire Time? However, blockchain intelligence firm Chainalysis has stated that a tiny portion of the ETH stolen during the Euler hack was sent to an address that had received funds from the Lazarus Group. These funds were tied to the $625 million hack of the Ronin Bridge. Most of those funds were run through the Tornado Cash mixing service, and some funds used to launch the Euler attack also came from a Tornado Cash account. However, Chainalysis added that it could be possible that the funds could be an attempt to misdirect others by another hacking group. 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 coindesk
U.S. Senate’s Warren Calls for Crackdown on ‘Sham’ Crypto Audits
Sen. Elizabeth Warren (D-Mass.) and another prominent colleague urged the U.S. auditing watchdog to take action against “sham audits” of crypto companies, citing the contribution of such audits to the recent stresses in the U.S. banking system.
1 day ago coindesk
'Alternative Internet' Builder Tomi Raises $40M to Attract Content Creators
Tomi's aim is to "kick off a clean slate for the internet," using its DAO governance model to promote freedom of speech and access to uncensored information.
1 day ago cointelegraph
Anonymous DAO tomi raises $40M for 'surveillance-free' internet
The anonymous group of crypto developers is promoting the use of a decentralized autonomous organization to govern an alternative version of the internet.

About Prometeus?

The live price of Prometeus (PROM) today is 4.6127 USD, and with the current circulating supply of Prometeus at 18,250,000 PROM, its market capitalization stands at 84,181,879 USD. In the last 24 hours PROM price has moved -0.1348 USD or -0.03% while 3,771,104 USD worth of PROM has been traded on various exchanges. The current valuation of PROM puts it at #284 in cryptocurrency rankings based on market capitalization.

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

Prometeus Price4.6127 USD
Market Rank#284
Market Cap84,181,879 USD
24h Volume4,641,312 USD
Circulating Supply18,250,000 PROM
Max Supply20,000,000 PROM
Yesterday's Market Cap83,304,052.67 USD
Yesterday's Open / Close4.6994 USD / 4.5646 USD
Yesterday's High / Low4.865 USD / 4.4084 USD
Yesterday's Change
-0.03% ( 0.1348 USD )
Yesterday's Volume3,771,104.07 USD
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