1h ago • cryptodaily
LBank Exchange Will List LiveGreen Coin (LGC) on February 10, 2023
INTERNET CITY, DUBAI, 2nd February, 2023, ChainwireLBank Exchange, a global digital asset trading platform, will list LiveGreen Coin (LGC) on February 10, 2023. For all users of LBank Exchange, the LGC/USDT trading pair will be officially available for trading at 11:00 UTC on February 10, 2023.
With the power of blockchain and its community, LiveGreen Coin (LGC) is here to help reverse the impacts of climate change, enabling users to save the world while being rewarded financially. Its native token LGC will be listed on LBank Exchange at 11:00 UTC on February 10, 2023, to further expand its global reach and help it achieve its vision.
Introducing LiveGreen Coin
Happy Panda Handels GmbH is an Austrian telecommunications company with several subsidiaries around the world, including Romania, Turkey and Tanzania. The company is newly founded, but has also provided an outstanding performance on the Western European markets in the past year. It deals with the trade of telecommunications equipment as well as the sale of solar panels.
The head of the company considers it extremely important to give back to nature and the community. To make the planet greener, healthier and livable in the long term with the huge potential of cryptocurrency, LiveGreen Coin (LGC) was developed by HAPPY PANDA Handels GmbH, with an experienced team consists of cryptography experts, developers, business specialists and advisors, who have worked in companies and projects like Hungarian Vizsla Inu, VizslaSwap, Lamea, Neckermann, CryptoChip, BabyVizsla.
Giving back to the community is the main goal of LGC project. The team wants to make a great impact on the environment, but not the way most people do. They want to make a change and make carbon footprint smaller. Happy Panda Handels GmbH has been working in the field of solar panels for years, but they wanted to do something different, something that not many companies have done before, enabling users to help the Earth and use their cryptocurrency at the same time, with the potential of earning money.
Specifically speaking, LGC aims to focus on restoration and conservation practices, to both educate and communicate the importance of ecology in climate change. LGC also plans to help the wider public to better understand the importance of biodiversity and its role in a stable climate. The team is applying a financial incentive structure to restoring and protecting the environment, harnessing the power of blockchain and its community to help reverse the impacts of climate change. Additionally, in order to address the problems of fake news saying climate change is a hoax, the team is creating a new social network, where information and advertisements are carefully overviewed all the time, keeping users safe.
LGC believes a key element of creating a more environmentally aware, sustainable society is through sensitizing local-scale communities and reconnecting them with nature and its ecosystems. The team would like to give the opportunity to every holder to take part in its non-profit grant program, where they can do small things to help the planet by becoming LGC holder and apply for their funds. The grant will be used by winners in order to benefit the future of the Earth.
About LGC Token
LGC is the native token of LiveGreen Coin project. CoinPhone will be the first place where users can use their LGC as an everyday mean of payment. The online shop is starting very soon, with a wide range of products to choose from. The biggest advantage is that users can get electronic devices at wholesale prices with LGC tokens and can even collect LGC tokens as part of a loyalty program.
Based on BEP-20. LGC has a total supply of 1 billion (i.e., 1,000,000,000) tokens, of which 4% is allocated to founders, 5% is provided for salaries, 5% is provided for CEX liquidity, 12% will be used for marketing and development, 12% is provided for DEX liquidity, 20% is allocated for staking pools, 20% is provided for burn events, and the remaining 24% is allocated to investors. The circulating 678,232,114 LGC now (67,8%) and 321,767,886 (32,2%) LGC tokens burned. It collects a total of 8% tax on each buy/sell, of which 2% will be used for marketing, 3% will be rewards for the holders, 2% is provided for LP, and the remaining 1% will be burned.
The LGC project is a CERTIK-audited project: https://www.certik.com/projects/livegreencoin
LGC token will be listed on LBank Exchange at 11:00 UTC on February 10, 2023, investors who are interested in the LiveGreen Coin investment can easily buy and sell LGC token on LBank Exchange by then. The listing of LGC token on LBank Exchange will undoubtedly help it further expand its business and draw more attention in the market.
Learn More about LGC Token:
Website | Telegram | Twitter | Instagram | Facebook | YouTube
About LBank
LBank is one of the top crypto exchanges, established in 2015. It offers specialized financial derivatives, expert asset management services, and safe crypto trading to its users. The platform holds over 7 million users from more than 210 regions across the world. LBank is a cutting-edge growing platform that ensures the integrity of users' funds and aims to contribute the global adoption of cryptocurrencies.
Start Trading Now: lbank.com
Community & Social Media:
Telegram l Twitter l Facebook l LinkedIn l Instagram l YouTube
ContactLBK Blockchain Co. [email protected]
13h ago • cryptodaily
Web3 Wallets Providing Users with Risk Notifications
Web3 wallets are becoming an increasingly popular way for people to manage their digital assets, including cryptocurrencies. These digital wallets are built on decentralized networks, providing users with a secure and decentralized solution for storing and managing their assets. However, as the crypto-space evolves, security concerns are becoming increasingly important, especially with the rise in crypto-related scams and phishing attacks. In order to address these concerns, some web3 wallets have started to implement systems that notify users of potential risks involved in their transactions.
One of the key advantages of this notification approach is that it does not enforce any action on the user. Instead, it simply provides them with information about potential risks, allowing them to make an informed decision. This approach allows users to retain full control over their assets, and the role of the wallet provider is limited to providing information and recommendations. In this way, the user is empowered to make their own decisions, and the wallet provider can be confident that it is meeting its obligations to provide a secure environment.
Another benefit of this approach is that it helps to establish a foundation of compliance for the future regulatory measures. As the crypto-space continues to evolve, it is likely that there will be increased regulatory oversight, and web3 wallets that take a proactive approach to security are more likely to be in a strong position to meet these future regulatory requirements.
HAPI is one of the few companies that provides this type of service to any wallet and DeFi protocol, and it has recently made a significant milestone in its journey to provide secure and user-friendly solutions. HAPI has integrated its solution into MetaMask Flask, a testing stage for the future MetaMask features. This integration enables MetaMask users to receive real-time notifications about risky tokens, phishing websites, and addresses in general. This integration is expected to lead to further partnerships with other web3 wallets and further cement HAPI's position as a leading provider of cybersecurity solutions in the crypto-space.
HAPI already works with some of the biggest wallets out there, including Bitcoin.com, and it is rapidly expanding its reach in the crypto-space. The company is committed to providing the highest level of security to its users, and it is constantly working to improve its risk engine and notification systems. For example, HAPI has implemented a robust risk engine that analyzes vast amounts of data to identify and flag potential risks. This risk engine is constantly updated, ensuring that users receive the most up-to-date information about potential risks.
In addition to providing notifications about potential risks, HAPI also provides users with detailed information about the risk involved in each transaction. This information includes the nature of the risk, the likelihood of the risk occurring, and the potential consequences of the risk. By providing this level of detail, HAPI enables users to make informed decisions about their transactions and take the necessary precautions to minimize their risk.
Finally, it is worth noting that HAPI provides its services free of charge. This is a testament to the company's commitment to providing a secure and user-friendly solution for web3 wallets and DeFi protocols. HAPI believes that providing a secure environment for users should be a priority for all web3 wallets, and it is committed to making its solution available to as many people as possible.
In conclusion, web3 wallets are moving towards building a more secure environment for their users. By providing notifications about potential risks, these wallets are taking a proactive approach to protect their users from potential losses. HAPI is one of the few companies that provides this type of service to any wallet and DeFi protocol, and its recent integration with MetaMask Flask is a testament to its commitment to providing secure and user-friendly solutions. The trend towards providing users with risk notifications is expected to continue
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.
13h ago • cryptodaily
Peer Acquires Elite Team of Engineers Behind Zenly’s Popular 3D Maps
Seattle, Washington, 1st February, 2023, ChainwirePeer today announced the hiring of a specialist team of engineers from Zenly to develop its AI-powered 3D maps. The team, known in tech circles by its codename “Wonka,” developed Zenly’s innovative 3D social maps platform that grew to more than 160 million downloads worldwide and 35 million daily active users in 2022.
“Zenly users adored its polished and delightful features,” explained Tony Tran, Founder & CEO of Peer Inc. “We’re huge fans as well, and we look forward to working with the Wonka team to recreate that magic and take it to the next level.”
With this acquisition, the company will be able to fast-track the development of its gamified social network, “Peer.” The highly anticipated app will be available on both iOS and Android in Q2 2023.
“We have an aggressive roadmap to deliver the features that Zenly users loved in an all-new platform they will rave about” said Milan Bulat, Wonka’s former lead engineer and now Peer’s Head of Maps. “Peer will completely transform the way people experience their world.”
Peer is revolutionizing social networking by integrating AI, AR, and blockchain technology into a unique, planet-scale 3D map that delivers a game-like, immersive social experience. Core to the app is the ability for users to construct their personal "places graph," a map of people, places, and memories, making it easy for day-to-day navigation, revisiting memories in real-world locations, and discovering new worlds shared by others.
“Our 3D maps sit at the intersection of the digital and physical worlds, enabling users to access both simultaneously,” said Tran. “We see it as a globally connected experience. This is an opportunity to create an exciting new world and bring back the emotional connection and sense of belonging that has been stripped from today’s social networks.”
Peer has launched peerclub.com to allow former Zenly users and early adopters to secure their usernames for the upcoming app launch. By doing so, they will also gain early access to exclusive rewards, secret moves, unlocks, and other engaging gamified features.
To learn more about Peer Inc. and Peer’s ecosystem, visit peer.inc.
About Peer Inc.
Peer Inc. is a social media company focused on building the social network of the future. The company is developing a range of innovative products that combine cutting-edge technologies like blockchain, augmented reality, artificial intelligence and computer vision to allow people to see, share and interact in exciting new ways. To learn more, please visit peer.inc and follow Peer Inc. on Twitter @peerglobal.ContactJonathan GhentPeer [email protected]
15h ago • cryptodaily
Tesla Reports BTC Loss Of $140M In 2022
In a recent SEC filing, the electric vehicle manufacturing company reported a loss of $140 million dollars on its net Bitcoin holdings.
Impairment Charges Result In BTC Loss
The Elon Musk-led EV innovation company has disclosed to the U.S. Securities and Exchange Commission (SEC) that it had earned a $204 million gross impairment loss on its Bitcoin holdings across 2022. The impairment loss refers to the reduction in the value of Bitcoin as an asset due to the fluctuating economic circumstances brought about by the crypto winter of 2022.
The company further revealed that it had earned $64 million from trading BTC for fiat currencies at different times throughout the year, resulting in a net loss of $140 million from its BTC trading in 2022.
The report says,
“Digital assets are considered indefinite-lived intangible assets under applicable accounting rules. Accordingly, any decrease in their fair values below our carrying values for such assets at any time subsequent to their acquisition will require us to recognize impairment charges, whereas we may make no upward revisions for any market price increases until a sale. For any digital assets held now or in the future, these charges may negatively impact our profitability in the periods in which such impairments occur even if the overall market values of these assets increase.”
Musk, Tesla, And Bitcoin
According to the filings, Tesla reported that its aggregate Bitcoin investments in the first quarter of 2021 amounted to $1.5 billion. During this time, founder Elon Musk announced that the company would accept Bitcoin as payment from its U.S.-based customers. However, the payment mode was halted just months later, with Musk claiming the need for Bitcoin to adopt clean energy usage for any future continuation of the payment policy.
The company had sold off 75% of its BTC holdings in the second quarter of 2022, citing liquidity concerns after the two-month-long shutdown of the Tesla Gigafactory in Shanghai due to Covid-19. The sell-off earned the company $936 million at the point of sale but actually cost the company a net loss of $106 million due to the drop in the value of the crypto.
The company did not sell off any more of its BTCs after that. In its recently released earnings reports for the fourth and last quarter of 2022, it was revealed that Tesla had continued to hold on to its 9720 BTCs for the entire second half of the 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.
15h ago • cryptodaily
Bitcoin Price Analysis: Cautious Above 23000 - 2 February 2023
BTC/USD Notches Marginal Ground: Sally Ho’s Technical Analysis – 2 February 2023
Bitcoin (BTC/USD) glided cautiously higher early in the Asian session as the pair moved back above the 23000 figure after encountering buying pressure around the 22812.93 area. The pair’s upside was earlier limited by selling pressure around the 23313.23 area, a level that represented a test of an upside price objective linked to previous demand around the 16326.16 and 20233.33 areas. BTC/USD appreciated nearly 39% in January and is up approximately 49% from its 2022 low of 15460. The move to recent multi-month highs also represented a test of the 23980.62 area, an upside price objective related to buying pressure that strengthened around the 15460 and 20233 levels during the past several weeks. Upside price objectives related to buying pressure around the 16326.16 area include the 25455, 25774, 27609, and 28004 levels. Upside price objectives related to buying pressure around the 15460 area include the 23980, 24224, 26612, 26931, 29244, and 29639 levels.
Following the recent move higher to multi-month highs, technical support levels and areas of potential buying pressure are around the 22163, 21047, 20146, 19244, 18129, and 17961 levels. Stops are cited below the 21437, 20874, 20724, 20370, 20233, 20026, 19153, 18448, and 18253 levels. Below current price activity, technically significant areas include the 15900, 15512, 15313, 14500, 14364, 13369, 10727, 10432, 9682, 8837, and 7538 levels. Traders areobservingthat the50-bar MA (4-hourly)isbullishly indicating above the 100-bar MA (4-hourly)andabove the200-bar MA (4-hourly). Also, the 50-bar MA (hourly) is bearishly indicating below the 100-bar MA (hourly) and below the 200-bar MA (hourly).
Price activity is nearest the50-bar MA(4-hourly) at 23059.87 and the200-bar MA(Hourly) at 23053.81.
Technical Supportis expected around18390.99/ 16714.46/ 14500.15 withStopsexpected below.
Technical Resistanceis expected around23980.62/ 24224.60/ 25455.06 withStopsexpected above.
On4-Hourlychart,SlowKis Bullishly above SlowDwhileMACDis Bearishly below MACDAverage.
On60-minutechart,SlowKis Bullishly above SlowDwhileMACDisBearishly below MACDAverage.
Disclaimer: Sally Ho’s Technical Analysis is provided by a third party, and 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.
16h ago • cryptodaily
LBank Exchange Will List BBToken (BB) on February 3, 2023
INTERNET CITY, DUBAI, 1st February, 2023, ChainwireLBank Exchange, a global digital asset trading platform, will list BBToken (BB) on February 3, 2023. For all users of LBank Exchange, the BB/USDT trading pair will be officially available for trading at 7:00 UTC on February 3, 2023.
Utilizing the power of blockchain and NFT technologies, BB Project provides existing payments and remittances in conjunction with various existing in-kind assets. Its native token BBToken (BB) will be listed on LBank Exchange at 7:00 UTC on February 3, 2023, to further expand its global reach and help it achieve its vision.
Big Brothers Co., Ltd. is a company of people with the same big goal. It prioritizes customer business value creation through creative and systematic procures and provides various benefits and rewards to users as a user-based platform.
In line with the trend of rapidly growing virtual asset platform business these days, “Big Brothers” planned a BB Project that links blockchain and NFT technologies with platforms that can be used in real life. It’s a global project which expands its services in the fields of continuous use based on tourism, travel, leisure, and lifestyle, and is a platform that puts user benefits first by using blockchain technology in real life.
By developing a virtual asset called BBToken, BB Project builds an integrated payment method that can be used online/offline for points, mileage, etc. Services provided by BB Project include interconnection of various industries, flexible development for platform integration, blockchain-based business expansion and operation, and global community support, which can offer more benefits to users, such as discounts, airdrops, and marketing rewards.
In addition, real products and assets are NFTized and applied to enable customers to engage in economic activities, offering special benefits and rewards to buyers. BB Project is also preparing to establish its own NFT market and BBToken can be used as a means to trade NFTs. To participate in BB Project, users can utilize BB Wallet, which contains various services such as Staking, Payment, and NFT in one place.
In the future, a variety of Korean tourism, lodging, airline, and shopping malls will join BB as service partners, and global companies related to this project which are mainly located in Korea, will join as participating members in this project.
About BB Token
BBToken (BB) is the native token of BB Project, which can be used as a payment method for platform services, and paid as a reward for Big Brothers users. It aims to create a token economy as a mechanism for maintaining and increasing token value.
Based on the Polygon network, BB has a total supply of 2 billion (i.e., 2,000,000,000) tokens, of which 20% is provided for marketplace reward, 20% will be used for platform development, 20% is allocated for DeFi and liquidity pool, 19% will be used for marketing, 15% is allocated to the team and partners, 3% is provided for sales, and the remaining 3% is allocated to advisors.
BB token will be listed on LBank Exchange at 7:00 UTC on February 3, 2023, investors who are interested in the BB Project investment can easily buy and sell it on LBank Exchange by then. The listing of BB token on LBank Exchange will undoubtedly help it further expand its business and draw more attention in the market.
Learn More about BB Token:
Official Website | Telegram | Twitter
About LBank
LBank is one of the top crypto exchanges, established in 2015. It offers specialized financial derivatives, expert asset management services, and safe crypto trading to its users. The platform holds over 7 million users from more than 210 regions across the world. LBank is a cutting-edge growing platform that ensures the integrity of users' funds and aims to contribute to the global adoption of cryptocurrencies.
Start Trading Now: lbank.com
Community & Social Media:
Telegram | Twitter | Facebook | LinkedIn | Instagram | YouTube
ContactLBK Blockchain Co. [email protected]
16h ago • cryptodaily
SEC Fails To Prohibit All LBC Sales
The judge presiding over the SEC’s case against the decentralized publishing platform LBRY has ruled that the secondary sales of LBC do not qualify as the sale of securities.
Judge Rules Against SEC
The US Securities and Exchange Commission (SEC) has been pursuing legal action against the crypto company LBRY Inc. On January 30, the watchdog filed an appeal for an injunction order to prevent secondary sales of the LBRY Credits (LBC) cryptocurrency. However, the judge presiding over the matter has ruled that the secondary sale of these cryptos does not constitute the sale of a security.
Previous Judgement Favored SEC
The matter between the financial regulator and the crypto company started way back in March 2021, when the former filed a complaint against LBRY, accusing it of raising $11 million through the sale of the LBC token as an “unregistered security.” Even though LBRY did not offer tokens to the public in an initial coin offering (ICO), the SEC pointed out that the team had retained tokens for themselves in a ‘pre-mine,’ which were later released on secondary exchanges to fund operations.
The summary judgment of the court, in this case, favored the SEC, where the initial sale of the LBC tokens was classified as investment contracts. Encouraged by this ruling, the SEC appealed to the judiciary on Monday for a ruling that would prohibit all sales of LBC tokens.
‘Summary Judgment Not For Secondary Sales’
However, the plan backfired as the judge clarified that the previous ruling applied only to the direct sale of the token. In the case of secondary sales and security lawsuits in the U.S., no court had ever acknowledged an underlying asset as a security since the creation of the Howey Test. Reportedly, the judge clarified that the summary judgment does not apply to secondary market sales and that he would not be issuing the injunction sought by the SEC as it included secondary sales.
SEC Vs. Ripple
It has been a common approach for the SEC to accuse crypto companies of offering tokens as “unregistered securities.” The watchdog is already in an ongoing legal battle with leading cryptocurrency Ripple, alleging that the latter distributed its XRP tokens as unregistered securities. Therefore the recent ruling in the SEC vs. LBRY case could benefit Ripple, which had also never held an initial coin offering.
The SEC is already struggling in its case against Ripple, as recently, in September, the case judge ruled the Hinman documents to be admissible evidence. These documents prove that the SEC practiced selective enforcement actions and did not view XRP as the same as ETH.
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.
16h ago • cryptodaily
Israel’s Web3 Powerhouses Unite to Launch Inaugural ETHTLV
Tel-Aviv, Israel, 1st February, 2023, ChainwireIsrael’s most successful web3 businesses have come together to organize the first annual ETHTLV, which will run from February 1 to 9 in Tel Aviv. The inaugural event aims to invigorate the country’s thriving startup community, establish the community’s foothold in the global web3 scene, and discuss the steps web3 must take to onboard the next billion users.
Attendees of the week-long series will learn from serial entrepreneurs who have forged businesses and become authorities in the web3 space, including:
ConsenSys: a market-leading blockchain technology company founded by Ethereum co-founder Joe Lubin
Fireblocks: the highest-valued blockchain infrastructure company and one of the fastest-growing SaaS companies in the world, founded by cybersecurity veterans Michael Shaulov, Idan Ofrat, and Pavel Beregoltz
StarkWare: a company focused on scaling Ethereum using Zero-Knowledge Rollups, founded by cryptographic experts Eli Ben-Sasson and Uri Kolodny
Collider: Israel’s biggest web3 native venture capital fund, founded by Adam Benayoun, Avishay Ovadia, and Ofer Rotem
MarketAcross: a leading global blockchain marketing and public reactions firm that has helped build leading blockchain brands such as Binance, Polygon, Polkadot and Crypto.com
ETHTLV will feature an action-packed week of keynotes, workshops, and panel discussions complemented by more than a dozen community-led side events. From February 5 to 6, StarkwareSessions will be focused around the L2 scalability network. On February 7, Building Blocks by Collider, Fireblocks and MarketAcross will be sharing expertise and knowledge from entrepreneurs who have successfully built and deployed products and services in web3, while MetaMask, ConsenSys’ leading self-custodial Web3 wallet is hosting a hands-on developer workshop on February 8.
We are excited to be part of the EthTLV week. Tel Aviv has a vibrant and innovative tech environment,” said Dror Avieli, VP of Customer Success at ConsenSys. “We are looking forward to meeting some of the most creative developers and progressive technologists who can help us build the next generation of Web3 dapps and solutions, as well as strengthening our relationship with partners like Starkware and Fireblocks.”
“Without a doubt, Israel has some of the greatest tech talents in the world,” said Idan Ofrat, Co-founder & CTO, Fireblocks. “In the next few years, the world will see make a massive shift into web3, upending the way value is transacted all over the globe. Through ETHTLV, we hope to build upon Israel’s innovative tech culture and ensure that we are ready to take our place in the future of tech.”
The overarching goal of ETHTLV is to turn the startup nation of Israel into a web3 startup nation, and to create hundreds of new jobs within the country’s growing blockchain ecosystem. Israel’s vibrant startup landscape has made it one of the world’s startup capitals, one that has developed 97 unicorns (privately-held companies valued at over $1 billion) and boasts the highest density of startups per capita. In 2021, more than $25 billion was invested into Israeli startups, a record figure for the country.
Adam Benayoun, GP of Collider, said: "ETHTLV provides an incredible opportunity for founders, developers and investors to come together from around the world and explore the cutting edge of Web 3.0 technology in one of the most exciting tech hubs: Israel. Israel has the deepest pool of tech talent, a vibrant entrepreneurial culture, and top tier venture capital firms - making it the ideal destination for blockchain innovation. I am proud to be setting the infrastructure for future events that will provide access to opportunities in this burgeoning space"
Itai Elizur, COO of MarketAcross added “After helping organize major crypto events in Paris, Korea, Singapore, & Austin, it gives me great pride to invite everyone this time to my home city, Tel-Aviv, as part of ETH TLV. The Israeli builders’ community is one of the best in the world, and the fact all these companies and OGs are coming to our small nation should solidify that fact. We have a lot to offer, come see for yourself”
About Fireblocks
Fireblocks is an enterprise-grade platform delivering a secure infrastructure for moving, storing, and issuing digital assets. Fireblocks enables exchanges, lending desks, custodians, banks, trading desks, and hedge funds to securely scale digital asset operations through the Fireblocks Network and MPC-based Wallet Infrastructure. Fireblocks serves over 1,600 financial institutions, has secured the transfer of over $3 trillion in digital assets, and has a unique insurance policy that covers assets in storage & transit. Some of the biggest trading desks have switched to Fireblocks because it's the only solution that CISOs and Ops Teams both love.
Learn more: Website | Twitter | LinkedIn
About ConsenSys
ConsenSys is a leading Ethereum and decentralized protocols software company. We enable developers, enterprises, and people worldwide to build next-generation applications, launch modern financial infrastructure, and access the decentralized web. Our product suite, composed of Infura, Quorum, Codefi, MetaMask, MetaMask Institutional, Truffle, Diligence, and our NFT platform, serves millions of users, supports billions of blockchain-based queries for our clients, and has handled billions of dollars in digital assets. Ethereum is the largest programmable blockchain in the world, leading in business adoption, developer community, and DeFi activity. On Ethereum’s trusted, open-source foundation, we are building the digital economy of tomorrow.
Learn more: Website | Twitter | LinkedIn
About Collider VC
Founded in 2018, Collider is a venture capital fund focused on digital assets and early-stage startups to support the next generation of companies, protocols and products that are building the digital native economy.
Learn more: Website | Twitter | LinkedIn
About StarkWare
StarkWare is leading the way in scaling Ethereum. It has built Validity-based scaling solutions: StarkEx and StarkNet. StarkEx scales more transactions than all other ‘Layer 2’ solutions combined. StarkNet (Alpha) is a decentralized permissionless Validity-Rollup. The company pioneered the STARK proof and made this groundbreaking cryptographic system accessible through the Cairo programming language.
StarkWare’s solutions, which rely on Ethereum’s security, have settled over $800B, and over 325M transactions, minted more than 95M NFTs, and serving hundreds of thousands of users. StarkNet, a permissionless general-purpose scaling solution, is live (Alpha) on Ethereum Mainnet. StarkEx, a SaaS-based scaling service, has been powering applications since 2020, including dYdX, Immutable X, Sorare, and DeversiFi.
Learn more: Website | Twitter | LinkedIn
About MarketAcross
MarketAcross is the world’s leading blockchain and web3 PR and marketing firm, providing a complete end-to-end organic marketing solution for blockchain companies around the world. Founded in Tel-Aviv in 2016, MarketAcross has helped many of the industry’s biggest blockchain projects build their brand, among them Polkadot, Solana, Binance, Polygon, Crypto.com, Huobi, and eToro.
Learn more: Website | Twitter | LinkedInContactCOOItai [email protected]
17h ago • cryptodaily
Ex Terra crypto lending protocol Mars Hub launches mainnet
Mars Hub has deployed its mainnet on the Cosmos blockchain. MARS token holders on Terra Classic to receive airdrop.
After a tumultuous baptism of fire as the Terra ecosystem collapsed in upon itself, the Mars Hub continued to build and has now successfully transferred over to the Cosmos ecosystem and today launched the Genesis Block for its mainnet.
According to a blog post, the Mars Hub will expand to many “outposts” on Cosmos, and the first such outpost will be on Osmosis, subject to a governance vote on the proposal. Users will be able to borrow and lend the major Cosmos tokens and fees collected will go to MARS stakers.
The model of hub and outposts will allow the Mars Hub to set up new outposts “anywhere traders gather”.
The Mars Hub is the base for the Mars governing body, the council for which is made up of the Mars validators together with those who stake their MARS through delegation.
As yet there is no UI for interaction with the Mars Hub but there is a growing range of Cosmos tools and wallets that can allow for interaction with the MARS token and also partake in governance votes.
For the coming months, the blog post outlined the coming utilities:
Fully on-chain and composable, the Red Bank Outpost can serve as the basecamp for the deployment of advanced trading tools on Osmosis in the coming months. Mars’ first Red Bank outpost is built for compatibility with two main additional features, subject to approval by the Martian Council and Osmosis governance: First, Mars is expected to launch leveraged yield farming in the Fields of Mars. At a later point, a new primitive in the Cosmos ecosystem can be deployed: Rover credit accounts.
For those wishing to mint a free NFT to commemorate the launch of the Mars Hub, they can do so by following a link in the blog post. The post also explains how the MARS airdrop can be collected, and gives a short tutorial on the steps to be taken for staking MARS.
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.