Wednesday, July 31, 2024
Tuesday, July 30, 2024
Monday, July 29, 2024
Decentralized & Permissionless Risk-On Gaming Platform Zeebit To Launch On Solana's Powerful Layer-2 Platform Sonic
Source: Depositphotos
Today marks a pivotal moment for Zeebit, which has announced the long-awaited launch of what it says is the first fully decentralized "risk-on microgaming platform" on the Solana blockchain.
Zeebit built its platform on Solana to take advantage of the unique capabilities of the Solana Virtual Machine and Sonic’s infrastructure platform. Sonic is a scalable Layer-2 built atop of Solana to support high-volume dApps, with rapid transactions processed in under a second and ultimately settled on the main Solana chain.
Zeebit said it's migrating its existing platform from the foundational Solana blockchain to Sonic in a move that will enhance both its performance and its capabilities, while preserving all existing player histories, statistics and points.
As a decentralized blockchain risk-on gaming platform, Zeebit offers a wealth of games that come with some major advantages over the more common, centralized crypto betting platforms that currently dominate the CasinoFi segment.
One of the problems with centralized crypto betting apps is the lack of transparency into gaming outcomes, and they also inherit many of the same limitations as traditional betting apps and sportsbooks, such as censorship and account limits, sometimes even going as far as to suspend profitable bettor's accounts. They also carry risk, as centralized platforms maintain control over bettor's funds and can restrict access to their accounts at any time. Those problems are compounded by slow withdrawal and deposit times.
Zeebit claims its permissionless betting platform is a superior alternative in almost every way, with provably fair and totally random outcomes in all of the games it offers. Each game is powered by transparent smart contract processes and utilizes verifiable random function (VRF) technologies to ensure every outcome is totally fair. Moreover, the permissionless and non-custodial nature of Zeebit eliminates the problems of account restrictions and suspensions, as well as the need for deposit and withdrawals. When user's place a bet, their funds go directly from their own digital wallet to the protocol's smart contract, and the winnings will be immediately deposited straight back into their wallet if their bet pays off. So there's no more requirement for bettors to trust a third-party to hold their funds.
Other advantages include full anonymity with no tedious and privacy-invading sign up process, and most definitely no KYC anywhere in sight. Zeebit, which says it's committed to responsible gambling, also introduces a unique XP system and novel reward mechanisms for bettors as they gain experience, and it supports dozens of popular cryptocurrency tokens with integrated multichain swap mechanisms. It even plans to offer a revenue-share mechanism, and on-chain governance and NFT launches are also on its future roadmap.
Zeebit's core contributor Bayzian said the migration to Sonic was made possible by recent advancements to the SVM, enabling it to unlock new gaming experiences. "Zeebit will be among the first game platforms launching on Sonic, offering one of the first opportunities for folks to experience what Sonic has to offer, and participate in growing the Sonic ecosystem," he said.
The plan is for Zeebit to launch its revamped platform on the Sonic testnet in the "coming weeks", and when it does, it will debut with new and existing games, such as Baccarat, Blackjack, Coin Flip, Crash, Dice, Limbo, Mines, Plinko and Roulette. Later, it will launch on the Sonic mainnet with yet more games, plus incentivized campaigns designed to boost engagement through rewards such as Zeebit Points and Sonic Rings.
Chris Zhu, CEO of SonicSVM, said he's encouraged to see Zeebit launch on the platform because it's backed by a "highly technical team" that not only understands, but intends to unlock the benefits of Solana's Web3 technologies.
He added that he's excited to see the Zeebit team realize its vision to build a transparent, fair, and fun gaming suite on Sonic. "They will be a leading example in the Sonic ecosystem utilizing the customized Sonic gaming stack, while being composable with the rest of the Solana ecosystem," he said.
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.
* This article was originally published here
Sunday, July 28, 2024
Saturday, July 27, 2024
Friday, July 26, 2024
Thursday, July 25, 2024
Wednesday, July 24, 2024
Polkadot June 2024 Report: Snowbridge Usage Surge and Generic Ledger App
Polkadot's June 2024 report highlights a surge in Snowbridge usage, updates on the Alpha Program and parachains, new features in the Generic Ledger app, and strong core metrics supporting its position as the world's largest DAO.
Snowbridge Update
The Polkadot Network recently released its monthly report with all the latest tech updates, key metrics, and discussions within the Polkadot ecosystem for June 2024. One of the most noteworthy developments of the month is the increasing usage of Snowbridge, the Polkadot-Ethereum bridge launched less than a month ago. Almost 700 ETH have been sent without using multisigs via the trustless, decentralized bridge from the Ethereum network to Polkadot’s Asset Hub.
Updates on the Alpha Program
The report also provided updates on the network’s Alpha Program, a gateway to exciting development opportunities. This is especially true for the seven new teams that joined in June, who will now have the chance to benefit from Substrate advisory calls and code reviews thanks to Blockdeep Labs, a recent addition to the Alpha Program.
The program has also reportedly incorporated a wishlist feature, which allows the different teams to actively participate and provide developer and user feedback on GitHub.
Parachain-Related Updates
Another update from the Polkadot ecosystem involves the OpenZeppelin team, which has reportedly finished developing a feature-rich EVM Parachain Runtime Template that will soon be published after being audited. The Generic Runtime Template has already been audited and was merged and integrated with POP CLI, which allows quick deployment of Polkadot parachains.
OpenZeppelin has also requested more funds from the Polkadot treasury to support its work on developing and deploying secure parachains in the Polkadot ecosystem.
The monthly report also brings good news for users of the Polkadot Generic Ledger app. Version 1.2.5 is now live, fully compatible with the Polkadot relay chain and the appropriate parachains. This expanded compatibility enhances the user experience and opens up new possibilities for the app's functionality.
Core Metric Reports
Other than the technical updates, the report also discussed some core metrics that supported Polkadot’s position as the world’s largest DAO despite voter turnout dropping slightly from last month. There were a total of 1131 unique voters in June. There were also 103 referenda, 65 of which were approved, 25 rejected, 11 timed out, and two canceled.
Furthermore, as per its GitHub activity, developer metrics also saw a significant increase, with the total number of repositories in the Polkadot Network at a whopping 27810. Weekly commits are almost touching the 5000 mark, with an average of 750 to 850 developers have been active each week of June.
The Polkadot forum also saw significant action, with 153 new faces, 92 new topics, and 531 new posts.
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.
* This article was originally published here
Tuesday, July 23, 2024
Web3 Gaming platform Saakuru hits 5M daily transactions
Web3 gaming and infrastructure platform Saakuru Labs’s Saakuru Protocol (SKR) hit five million daily transactions — ranking it among the top five networks if ranked by this metric.
According to a Jule 11 announcement, Saakuru Protocol also ranks among the top five networks when it comes to the number of daily active user wallets. These data points show the demand for a web3 gaming protocol, as further highlighted by a 2024 Mobility Foresight report.
The report in question predicts that the global web3 gaming market will grow at a compound annual growth rate (CAGR) of 12.41% from 2024 until 2030. A report by Future Market Insights placed the value of the web3 gaming market at over $133 billion by the end of last year.
The Saakuru Protocol currently hosts four decentralized applications (DApps) that are ranked among the top web 3 games. Those are Playbits by Playground, Copycat Killer, Panic, and Parkour Battle. Jack Vinijtrongjit, Co-Founder and CEO at Saakuru Labs said:
Our focus remains on delivering innovative gaming experiences while promoting transparency and ownership through blockchain technology, and will continue this momentum looking forward, introducing more exciting titles and features for our growing community.
Expansion plans
Furthermore, Saakuru Labs plans to also launch four new games and DApps this month. Namely, the new projects to be hosted are Samurai Saga, Khuga Rumble Arena, Soccer Sage, and Tix3.
Samurai Saga is a 3D multiplayer game with modern graphics whose will also host a card game, non-fungible token (NFT) collection, merchandise and a food line. The game is play-to-earn (P2E) and the in-game currency can be exchanged for real-life money.
Khuga Rumble Arena is a 3D multiplayer fighting game with cartoony graphics where the player controls antropomorphic animal characters. The game also features P2E mechanics and tradeable NFT characters. Tix3 is an NFT-based ticketing system that allows for tickets and membership cards to be digitized.
What is Saakuru Protocol?
Saakuru Protocol is a gaming-focused layer-two scalability solution with free transactions (no fees) that is easily accessible to developers through the Saakuru Developer Suite. The protocol was developed from the ground up with gaming in time, with low block times allowing for in-game events to be always synced on-chain.
These features made the Saakuru Protocol capable of running complex real-time 3D games with lots of quick in-game eventsthat need to be processed right away. This puts it in stark contrast with what we have come to expect from P2E games: in-browser turn-based games that often have the players waiting for transactions to be confirmed.
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.
* This article was originally published here
Monday, July 22, 2024
Flipster Launches Trading Competitions with 150,000 USDT worth of prizes to Celebrate 1st Anniversary
Warsaw, Poland, July 10th, 2024, Chainwire
Flipster, a cryptocurrency derivatives trading platform, is celebrating its 1st anniversary by launching two competitions and giving away 150,000 USDT worth of prizes.
Since its launch, the Flipster platform has been fueled by a 1,943% trading volume growth and 3,998% net asset growth. These figures accompany an equally impressive 190% sign-up growth, and a 565% growth in active traders, with users spanning across 177 countries, reflecting strong user retention and platform satisfaction.
A fast-growing cryptocurrency trading platform, Flipster has a daily trading volume exceeding $480,000,000, according to CoinMarketCap data as of the date of this release.
Source: CoinMarketCap
Platform Highlights
- Wide variety of crypto: Traders can access over 250 perpetual futures listings with leverage of up to 100x, including tokens not readily found on other futures trading platforms and some with low visibility in spot markets, offering more diversification opportunities.
- Zero Trading Fees: Our zero trading fees allows traders to maximize their profits by eliminating transaction costs, making Flipster attractive for retail users seeking the best prices compared to other exchanges.
- High Liquidity: Flipster offers narrower bid-ask spreads and higher liquidity than larger trading platforms, facilitating seamless trading regardless of market conditions.
The past year has been packed with top-tier partnerships to bring the Flipster trading experience to a whole new level, including TON (The Open Network), Over Protocol, and Scallop (SCALLOP).
Flipster’s commitment to being the fastest trading platform to offer the world's first perpetual futures listings on the latest cryptocurrencies, with recent listings including ZRO, ZK, AEVO, BLAST, and ETHFI, appeals to serious traders looking to elevate their crypto game.
The Flipster team aims to continually reimagine what exists in the crypto space to unlock unprecedented value for users. Through its Earn Campaign, users can trade while earning a 20% APR* (varies daily) on their USDT wallet balance simultaneously, with no lock-up period and automatic daily reward distribution. Other latest innovations include multi-position trading, launchpool, and position airdrops.
User safety and asset security comes first on Flipster. The trading platform adheres to strict Anti-Money Laundering (AML) and Know Your Customer (KYC) protocols. Industry standard security measures such as two-factor authentication is compulsory for all user accounts, and the Flipster team performs continuous monitoring of all transactions for suspicious activity. To protect users’ accounts, Flipster continuously updates and improves its security measures in response to emerging threats and technological advancements, and performs ongoing security assessments and compliance checks.
Source: https://flipster.io/support/proof-of-reserves
As part of its commitment to transparency, Flipster conducts regular audits of its reserves and has published its Proof of Reserves (PoR) on its website. PoR is a form of verification that ensures all user assets held on Flipster's platform are fully backed on a 1:1 basis and are securely managed. The safeguarding of their assets is always a top priority for Flipster. By doing this, users can easily authenticate that their assets are fully accounted for, reinforcing the trust and confidence they have in Flipster, and giving them peace of mind.
To celebrate this 1st anniversary milestone and appreciate the community’s support, Flipster is excited to announce two competitions, with prize pools of 75,000 USDT each. Users can take part in a trading volume competition or profit and loss (P&L) trading competition from 17 July 2024 at 00:00 UTC to 25 July 2024 at 00:00 UTC.
Be among the first 12,000 users to register for each competition from 10 July 2024 at 00:00 UTC to 25 July 2024 at 00:00 UTC for participation eligibility. To claim rewards, users need to contribute a trade volume value of at least 10,000 USDT. The top 200 traders for each competition can get their share of rewards. For more information, click here.
Flipster plans to host in-person meet-ups, offline events, social media contests, and more trading competitions. Stay tuned for more information.
About Flipster
Flipster is among the fastest-growing crypto derivatives trading platforms, offering lightning-fast perpetual futures listings on the latest cryptocurrencies. The easy-to-use platform provides users with an all-in-one trading experience with leverage of up to 100x on over 250 tokens with high liquidity and zero trading fees. For media enquiries or interview requests with the team, please reach out to pr@flipster.io.
ContactMarketing SpecialistShirlyn TanFlipsterpr@flipster.io
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.
* This article was originally published here
Sunday, July 21, 2024
EOS Network Launches A Multi-Million Staking Rewards Pool For Stakers
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EOS Network launches multi-million dollar staking rewards program.
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Staking rewards will be halved every four years.
EOS Network Foundation, the major developer of the EOS blockchain, announced the launch of its staking rewards program aiming to disburse over 250 million $EOS tokens to stakers. The rewards program is part of the revamped tokenomics plan on the blockchain to enhance the adoption of the platform.
The new staking rewards program will distribute 85,600 EOS tokens every day (or 31 million tokens annually) to stakers from the pre-allocated reward pool. The staking rewards schedule is set to be halved every four years, with the current APY standing at 50% – and will fluctuate depending on the amount staked on the platform.
The first period will have 125,000,000 EOS distributed to stakers across 4 years. Notwithstanding, the rewards program is set to introduce a new lock-up period, increasing from four days to 21 days to receive the rewards. Stakers cannot unstake their tokens during the lock-up period. Additionally, EOS Block Producers (BPs) will begin receiving network-generated fees on top of their block reward income, further incentivizing infrastructure providers as network demand increases.
Image: EOS Network Foundation
The new tokenomics proposals will also cap the total EOS tokens supply at 2.1 billion and introduce token vesting schedules for network custodians such as block producers, the EOS Network Foundation (ENF), and EOS Labs. Furthermore, the EOS Network will allocate 315 million $EOS for market making and liquidity provisioning across both centralized exchanges and DeFi across multiple blockchains.
These tokenomics updates also set the stage for subsequent enhancements to REX, including EOS staking rewards, and a more flexible distribution of system fees.
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.
* This article was originally published here
Saturday, July 20, 2024
Shiba Inu (SHIB) and Pawfury (PAW) Lead Crypto Market Revival with Impressive Gains
Shiba Inu (SHIB) is surging in the cryptocurrency market, showing a 15.22% increase within 24 hours and eyeing a new all-time high. With strong ties to Ethereum and Bitcoin, analysts foresee positive price movements for SHIB. The recent public appearance of lead developer Shytoshi Kusama at a summit has further bolstered market confidence. Similarly, Pawfury (PAW) is making headlines with a successful $4 million presale, indicating robust investor interest and growth potential.
Market analysts suggest that Shiba Inu could achieve new all-time highs if it mirrors the performance of leading altcoins like Ethereum (ETH). With a price correlation of 87% to Ethereum and 94% to Bitcoin (BTC) over the past month, Shiba Inu’s price movement is closely linked to these major cryptocurrencies. Should Ethereum reach a projected $50,000 by 2030, Shiba Inu could potentially rise to $0.0002545.
Despite the recent uptrend, Shiba Inu remains 66% below its yearly peak of $0.000045 and about 83% below its all-time high of $0.00008845 in 2021. However, market participants are optimistic about further growth, with projections ranging from a recovery to $0.000045 to potential peaks at $0.000165 and $0.00045.
In related news, Shiba Inu’s lead developer, Shytoshi Kusama, made a rare public appearance at the Infinity Venture Summit 2024 in Kyoto, Japan. Kusama, maintaining anonymity with a mask, discussed the potential of Web3 technologies with various Japanese lawmakers, including Miyagi Prefectural Assembly member Kazuichi Kumagai.
The summit offered Kusama an opportunity to build relationships between the Shiba Inu community and political leaders, highlighting a growing interest in digital advancements within Japan. Concurrently, SHIB’s price saw a notable increase, trading at approximately $0.0000152—a 12.75% rise over 24 hours, reflecting market optimism for the token’s future.
Similarly, Pawfury (PAW), an innovative and community-driven cryptocurrency project, is drawing substantial investment from users of other major cryptocurrencies. Pawfury’s recent presale raised $4 million, indicating strong investor confidence and interest. Analysts predict that Pawfury (PAW) could see an extraordinary 2000% return on investment (ROI), with expectations that the token could grow to $1 this year, making it a 100x increase from its current presale price.
Showcasing its successful presale adds significant weight to Pawfury’s narrative. Investors have flocked to the initiative, attracted by its innovative technology and the promise of a secure investment. This considerable backing underscores the broad appeal and trust Pawfury (PAW) has garnered, pointing to its potential for future success.
Adding to its allure, Pawfury (PAW) is offering a limited-time promotion: investors can receive an additional 10% bonus with the promo code EXTRA10X. This exclusive offer provides an added incentive for those looking to capitalize on the project’s high ROI potential.
Both Shiba Inu and Pawfury exemplify the dynamic and evolving nature of the cryptocurrency landscape, driven by strong community engagement and innovative features. As these projects continue to grow and innovate, they highlight the potential for substantial returns and the promising future of the digital currency market.
For comprehensive information, visit:Website: https://www.pawfury.com/ | Whitepaper: https://www.pawfury.com/static/en/whitepaper.pdf Twitter: https://x.com/Paw_Fury
Disclaimer: This is a sponsored article and is for informational purposes only. It does not reflect the views of Crypto Daily, nor is it intended to be used as legal, tax, investment, or financial advice.
* This article was originally published here
Friday, July 19, 2024
Script Network ($SCPT) nears 700,000 Users Despite Bitcoin Being Below $60,000
In the rapidly evolving world of cryptocurrency, where market fluctuations are the norm, Script Network ($SCPT) stands as a beacon of stability and growth. Bitcoin, the world's leading cryptocurrency, is facing significant volatility. Recently, Bitcoin's price has been downward, plummeting to $60,360 as of July 3. This decline marks a period of uncertainty for investors who have witnessed Bitcoin's dramatic fluctuations over the past few months.
Even as Bitcoin experiences this significant drop, Script Network is nearing an impressive milestone of 700,000 users. This remarkable achievement highlights the project's resilience and the growing interest in its innovative approach to blockchain-integrated television.
To buy SCPT coins, visit the official Script Network website
About Script Network
Script Network is a revolutionary platform that is transforming the television experience. Script TV, its flagship offering, is a 24/7 television service built on the Script blockchain. It allows users to watch hundreds of hours of content for free, engage with a vibrant community, earn rewards and tokens, and benefit from unique off-chain opportunities. Script Network is redefining the future of television, one step at a time.
Script Network Unique Features:
Blockchain-Integrated Linear TV
Script TV is pioneering the concept of blockchain-integrated linear television. As the first platform of its kind, Script TV allows users to watch films, TV series, and more on its original channels, 24/7, at no cost. What sets this apart is its rewarding experience—viewers earn rewards simply by watching content. This innovative feature is a first in the television industry, combining entertainment with blockchain rewards.
Content Layer NFTs
Script Network introduces a groundbreaking feature: Content Layer NFTs. For the first time, viewers can claim, buy, and be rewarded with NFTs spontaneously released during shows and films. This unique offering opens up new possibilities for NFT holders and owners, providing long-term benefits and a novel way to engage with content. It's a revolutionary step that merges the worlds of entertainment and digital collectibles.
Interactive Community Features
Script Network goes beyond traditional television by fostering a highly interactive community. Users can engage with each other, create content clubs, and reap additional benefits by being part of these groups. This feature not only enhances the user experience but also builds a strong, connected community around Script TV. The ability to interact, share, and collaborate within the platform creates a dynamic and engaging environment for all users.How to Buy SCPT Coins?
To buy SCPT coins, visit the official Script Network website for a detailed guide on how to join the presale. You can buy SCPT using various USDT from BingX, MEXC, Kucoin, Bitget or Pancake Swap. The process is designed to be user-friendly, ensuring you can easily secure your investment.
The Road Ahead
As Script Network nears the 700,000-user milestone, it demonstrates the growing appeal and potential of blockchain-integrated television. Even in a volatile market, Script Network's unique features and innovative approach continue to attract a large and dedicated user base. For investors, this represents a promising opportunity to be part of a revolutionary project that is set to redefine the entertainment landscape.
Invest in Script Network ($SCPT) today and join the forefront of the television revolution. With its groundbreaking features and rapidly growing community, Script Network is poised for even greater success in the future. Don’t miss out on the chance to be part of this exciting journey!
To buy SCPT coins, visit the official Script Network website
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.
* This article was originally published here
Thursday, July 18, 2024
Staking in Crypto: What You Need to Know
What is Crypto Staking?
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Crypto staking allows token holders to participate in a Proof of Stake (PoS) consensus mechanism by locking their tokens into a staking contract and running a validator software program.
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Staking ensures the stability and security of a PoS blockchain, as validators risk losing their staked crypto if they attempt to behave dishonestly and validate false transactions.
How Does Staking Work?
Staking means committing your crypto to support a blockchain network, specifically those that use Proof of Stake (PoS) consensus.
By staking you are validating transactions and securing the network. You transfer your crypto to a wallet or a platform like CryptoHeap that supports staking. Once staked your crypto is used to validate transactions and in return you get rewarded.
Rewards are usually distributed based on the amount of crypto staked and the time it’s staked. Staking is a way to earn passive income while supporting the stability and efficiency of the blockchain.
Why do only some cryptocurrencies have staking?
Only some cryptocurrencies are available for staking because it depend on the blockchain network's consensus mechanism. Cryptocurrencies that utilize the Proof of Stake (PoS) or its variants, such as Delegated Proof of Stake (DPoS) or Liquid Proof of Stake (LPoS), support staking.
These consensus mechanisms rely on validators who hold and lock up a certain amount of cryptocurrency to participate in validating transactions and securing the network.
In contrast, other cryptocurrencies, like Bitcoin, use a Proof of Work (PoW) consensus mechanism, which relies on mining rather than staking. PoW requires computational power to solve complex mathematical problems, making staking unnecessary in these networks.
As a result, only cryptocurrencies built on PoS-based protocols support staking, enabling token holders to earn rewards for their participation.
Staking process: selecting a crypto, setting up a wallet, and acquiring crypto
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Decide a Staking Platform: It is essential to select a platform that suits your investment goals CryptoHeap has user-friendly staking.
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Choose a Staking Pool: Staking pools allow multiple investors to combine their crypto assets to increase their chances of getting rewards.
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Validate Transactions: Staked crypto is used to validate transactions on the blockchain to secure and speed up the network.
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Get Staking Rewards: Now all done. You have to watch your earning rewards.
Top platform for earning staking rewards
Picking the right crypto exchange is essential for staking and rewards. When looking for a reliable platform to earn staking rewards, CryptoHeap.com stands out for several reasons:
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High Returns: CryptoHeap has some of the highest APYs in the market so you get the most out of your investment.
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User-friendly platform: Well designed for both newcomers and professional stakers.
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Guaranteed Security: All your assets are protected.
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Multiple Staking Options: CryptoHeap has different staking plans for different investment goals from high returns to flexible terms and offers interesting rewards opportunities.
By studying educational resources and advice available on platforms like CryptoHeap, all stakers can boost their knowledge and confidence in crypto staking and stake with confidence.
Staking plans available on CryptoHeap
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Free Plan Everyday: $100 for 1 day and earn $1 daily.
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Toncoin Staking Plan: $200 for 1 day and earn $4 daily.
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Sui Staking Plan: $600 for 6 days and earn $6 daily.
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Polygon Staking Plan: $1500 for 8 days and earn $16.5 daily.
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Cardano Staking Plan: $5000 for 12 days and earn $60 daily.
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Ethereum Staking Plan: $8000 for 16 days and earn $104 daily.
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Tron Staking Plan: $10,000 for 20 days and earn $130 daily.
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Solana Staking Plan: $15,000 for 25 days and earn $210 daily.
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Bitcoin Staking Plan: $30,000 for 30 days and earn $480 daily.
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Chainlink Staking Plan: $50,000 for 40 days and earn $950 daily.
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Cosmos Staking Plan: $100,000 for 50 days and earn $2,100 daily.
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Uniswap Staking Plan: $150,000 for 55 days and earn $3,750 daily.
Plus you can earn rewards through CryptoHeap's affiliate program. Get 3.5% in recurring commissions from every CryptoHeap payment
How to Get Started:
CryptoHeap provides many staking plans to choose and earn rewards. Here’s the full guide for you stakers to get started and secure your staking account on your favorite staking plan provider from other crypto staking platforms.
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Create an account: Sign up on CryptoHeap.com and confirm your account. You will be a lucky staker to get a welcome bonus of $100 upon completing the sign-up process.
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Select a best-suited staking Plan(s): Go to staking and explore the availability of a diverse range of staking plans and select plans as preferred.
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Make an Investment in your selected staking plan.
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Now all set: You have to look over your rewards on the CryptoHeap dashboard and watch how your investment growing.
Conclusion:
In summary, crypto staking is a great way to earn rewards and get passive income if done strategically. By choosing good staking platforms and managing your staked tokens you can increase your returns and help secure the network.
Just like professional punters manage their betting banks, crypto investors should use staking plans to balance risk and get more profit. With knowledge and due diligence staking in blockchain networks can be a good addition to your investment portfolio, security, and growth.
No more waiting and it's time to start investing in a crypto staking game and visit CryptoHeap to get a wealth of experience.
Disclaimer: This is a sponsored article 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.
* This article was originally published here
Wednesday, July 17, 2024
Crypto Firm Arkham Unveils Ethereum Founder’s $800 Million Portfolio - Here’s What He Holds
Blockchain intelligence crypto firm, Arkham Intelligence, has unveiled Ethereum founder, Vitalik Buterin’s substantial $800 million portfolio. The Ethereum founder appears to have amassed his staggering wealth before 2021 by investing in various cryptocurrencies.
However, investors too, can attain considerable wealth by choosing to invest in the right assets. ETFSwap (ETFS), a tokenized ETF and crypto exchange, aims to provide access to vast investment opportunities that could potentially generate new wealth for interested investors.
ETFSwap (ETFS) Unveils Outstanding Crypto and ETF Investment Prospects
ETFSwap (ETFS) is a decentralized exchange that allows users to buy and trade tokenized ETFs with cryptocurrency. Due to its diverse trading tools and access to the multi-trillion dollar ETF market, ETFSwop (ETFS) will bring outstanding crypto and ETF investment opportunities for users. Through this blockchain-based platform, users can potentially gain wealth by trading various types of tokenized institutional ETFs. ETFSwap (ETFS) not only offers access to cryptocurrency spot and futures ETFs but also enables users to trade ETFs backed by real-world assets bought from traditional markets.
This platform will prioritize users’ investment goals and safety by providing cutting-edge ETF trading tools and solutions. This includes advanced risk management services and customizable ETF trading strategies to potentially maximize returns.
ETFSwap (ETFS) has also taken security measures against potential cyber threats and all forms of vulnerabilities. This platform’s smart contracts are audited by CyberScope, a renowned cybersecurity and blockchain audit firm. As such, ETFSwap’s ability to protect users' assets has been completely verified.
Moreover, ETFSwap (ETFS) offers special incentives to its users. Traders can enjoy up to 10X leverage on perpetual trades while gaining access to real market data and futures trading. Investors who purchase, ETFS, the native tone of ETFSwap, also gain exclusive benefits, including the ability to stake ETFs and gain rewards and high yield.
As a platform that intends to take ETF trading to the next evolutionary stage, ETFSwap (ETFS) has incorporated advanced Artificial Intelligence (AI) powered ETF trackers and screeners to ensure traders make informed investment decisions that help them maximize profits. These AI-based tools also use complex predictive and sentiment analysis to recommend engaging ETFs for investors to purchase to increase their chances of gaining wealth.
In line with this, ETFSwap (ETFS) offers its native token to investors to purchase during its ongoing public sale. The tokens provide traders with unique benefits like lower trading fees, governance rights and the opportunity to win monthly airdrops.
Investors interested in gaining wealth by investing and trading tokenized ETFs can do so by buying ETFS tokens in the ongoing presale. This present presale stage is set to end soon, and early investors can purchase ETFS tokens at a discounted price of $0.01831. By the next stage of the presale, the tokens are anticipated to surge to $0.03846.
Arkham Unveils Ethereum Founder’s $800 Million Portfolio
In an X (formerly Twitter) post on June 29, Arkham Intelligence revealed insights into Ethereum Founder, Vitalik Buterin’s cryptocurrency holdings and net worth, highlighting how the Ethereum founder’s wealth has fluctuated over the years. According to Arkham’s blog post, the Ethereum founder’s estimated net worth is about $552.86 million as of January 2024.
The crypto firm disclosed that Buterin’s net worth was more than likely higher than the aforementioned amount, highlighting that it would compromise crypto holdings. Arkham intelligence has disclosed that Buterin’s crypto portfolio is made up of 99% of Ethereum.
Arkham Intelligence has also disclosed that the Ethereum founder's total holdings at the time were about 244,001.02 ETH, valued at $573.79 million, ranking him the 20th richest Ethereum holder. Arkham has disclosed that this holding is worth more than $800 million, considering Ethereum’s current price is above $3,400.
Wealth Through Investments: ETFSwap Presale Opens Up New Possibilities
With ETFSwap (ETFS) investors have the opportunity to potentially accumulate profits by trading tokenized institutional ETFs. This platform offers premium asset-backed ETFs along with advanced trading solutions, tools and strategies for users. Investors are actively joining ETFSwap to acquire its native token, ETFS and capitalize on potential gains. So far, investors have bought more than 400 million tokens, with sales exceeding $3.5 million in the current presale stage.
For more information about the ETFS Presale:
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.
* This article was originally published here
Tuesday, July 16, 2024
Chiliz integrates with PUML to deliver gamified health, wellness, and Move to Earn for sports fans
Brisbane, Australia, 05 July, 2024:— Chiliz, the sports and entertainment blockchain leader, is excited to announce a new integration with PUML Better Health, the gamified health, wellness, and sports platform. This collaboration aims to bring Move to Earn and Fan Health to the Chiliz community.
PUML Better Health is an Australian-based platform that gamifies health and wellness. It enables users to connect their wearable devices and claim their steps each day, rewarding members with PUML, its in-app game coin. This game coin can be redeemed monthly into the native token $PUMLx which can be exchanged for CHZ and Fan Tokens.
Key features and benefits:
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Daily rewards: Chiliz users will now be able to boost their daily claim rewards by holding 100 CHZ in the PUML self custody wallet, directly in the app. This allows CHZ holders the ability to claim 10K steps per day plus receiving the benefits of a paid premium subscriber provided they maintain their balance above 100 CHZ.
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Token Gated Challenges: Users can participate in daily and monthly health challenges such as daily step targets, team challenges and distance. They simply download the app and connect their wearable devices to track their steps and compete against other community members. Some challenges will be token gated using CHZ and Fan Token. This will create a unique fan experience and allow device tracking and community club chat.
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Move to Earn: Members can also earn by enabling GPS to track walks and runs. Earning the PUML coin for the first run of every day.
This partnership comes at a time when the integration of health and wellness into digital platforms is gaining momentum. With the global focus on fitness and well-being, Chiliz and PUML Better Health are well-positioned to lead this trend within the sports community.
“Our mission at Chiliz is to continually innovate and enhance the fan experience,” said Alexandre Dreyfus, founder and CEO of Chiliz. “Partnering with PUML Better Health allows us to integrate fan health, wellness and our first Move to Earn platform into our ecosystem, offering fans a unique way to engage with their fan community through gamified fitness challenges.”
“We are thrilled to collaborate with Chiliz and bring our gamified health platform to a broader audience,” added Damien King, CEO and Founder of PUML Better Health. “This partnership not only promotes physical activity but also offers a unique way for fans to connect with each other in a SportFi experience.”
About Chiliz
Chiliz is the home of SportFi. Its infrastructure is driven by the Chiliz Chain, the first Layer-1 EVM compatible blockchain for sports and entertainment, fueled by Chiliz native token CHZ. 80+ Fan Tokens of the world's largest sports entities provide the gateway into the Chiliz ecosystem. Its flagship product on the Chiliz Chain, Socios.com, hosts a global community of over two million users, which makes it the largest non-finance/trading-centric web3 consumer-facing product globally by user base. Chiliz has partnerships with countless brands, including the giants of world sport such as FC Barcelona, Paris Saint-Germain, Manchester City, Juventus, S.S.C Napoli, Inter Milan, AC Milan, Arsenal, Atlético Madrid, A.S. Roma and major F1 teams. https://www.chiliz.com/
About PUML Better Health
PUML Better Health is a leading gamified health and wellness platform that encourages physical activity through daily and monthly challenges. By integrating wearable devices, PUML rewards users for their steps with its inApp coin PUML, which can be converted into the native utility token $PUMLx.https://puml.ioDisclaimer: 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.
* This article was originally published here
Monday, July 15, 2024
Polkadot (DOT) Staking Punishment: Offenses And Slashes
As a public permissionless network, Polkadot utilizes a mechanism to disincentivize offenses or bad behavior and incentivize good behavior.
There are several major validator offenses including Backing Invalid, ForInvalid Vote, AgainstValid Vote, Equivocation, Double Seconded Equivocation, and Seconded + Valid Equivocation.
Polkadot counters these offenses with a series of punishments, including slashing, disabling, and reputational changes.
Offenses On Polkadot
There are six main validator offenses on Polkadot.
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Backing Invalid - This offense occurs when a para-validator backs an invalid block.
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ForInvalid Vote - A ForInvalid Vote occurs when a validator votes in favor of an invalid block.
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AgainstValid Vote - An AgainstValid Vote offense occurs when a validator votes against a valid vote and wastes network resources.
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Equivocation - An Equivocation happens when a validator produces two or more of the same block or vote. This could be a GRANDPA and BEEFY Equivocation, which occurs when a validator signs two or more votes in the same round but on different chains. The second is the BABE Equivocation, which occurs when a validator produces two or more blocks on the Relay Chain in the same time slot.
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Double Seconded Equivocation - Within a backing group of 5 para-validators, only 5 backed parablocks are possible. Each parablock requires exactly one seconded and at least two more valid votes from five potential backers. This limits the number of parablocks the system must deal with while still providing Relay Chain authors a degree of choice. Backers must decide the parablock they wish to second. However, they cannot second another parablock. If a second vote is discovered, they will be punished.
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Seconded + Valid Equivocation - This occurs when a malicious node seconds something and then pretends to be someone who just said it was correct after another assumes responsibility. Nodes could use such a tactic to shed their responsibility. However, the offense is flagged when a system notices two conflicting votes.
Punishments On Polkadot
Polkadot punishes offenses on the network depending on the severity of the offense. The three main punishments on Polkadot are slashing, disabling, and reputational changes.
Slashing
Slashing occurs when a validator misbehaves on the Polkadot network, with the validator and their nominator losing a percentage of their staked DOT. This could range from 0.01% to even 100%, with the slashed DOT being sent to the Polkadot treasury. Slashes only occur for active validators for a given nominator, and they cannot be mitigated by having other inactive or waiting nominations. They also cannot be mitigated by the validator operator running separate nodes.
A slash can occur during equivocation or disputes. For equivocations, a slash of 0.01% is applied for as little as a single equivocation. The slashed amount increases incrementally as more validators equivocate. When it comes to disputes, a slash could be the result of a validator attempting to misrepresent the contents of a block. In such cases, a slashing penalty of 100% could apply.
Disabling
Disabling prevents validators from performing specific actions after they have committed an offense on the network. Disabling is further divided into on-chain disabling and off-chain disabling.
Reputational Changes
Minor offenses on Polkadot are punished through reputation changes. When validators connect on Polkadot, they use a reputation metric for their peers. The system increases their reputation if they provide valuable data and behave appropriately. However, the system reduces their reputation if they misbehave and provide faulty data. If a validator loses enough reputation, their peers can temporarily close their channels.
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.
* This article was originally published here
Sunday, July 14, 2024
Global Wealth Transfer: Why Spot Ethereum ETFs Are Important To The Little Guy
Spot Ethereum ETFs forecasted to launch on the 2nd of July, 2024, are of high importance to small investors and the little guys in the crypto industry, as famous market analysts reveal a spot ETH ETF introduction to bring about generational wealth opportunities and a global wealth transfer from institutional players to retail and small investors.
Meanwhile, ETFSwap (ETFS) selling fast in its viral ICO presents a golden opportunity for the little guy in the crypto industry to profit from life-changing gains as analysts tout the ETFS token to spearhead a Spot Ethereum ETF bullish rally upon launch.
ETFSwap (ETFS): Viral ICO Sells Out Fast As Retail Position For Global Wealth Transfer
ETFSwap (ETFS), which is selling out fast at an undervalued $0.01831 in its viral ICO, is being bought up quickly by smart investors positioning for a global wealth transfer touted by top analysts to occur in the coming weeks as spot Ethereum ETFs launch into the crypto markets. ETFSwap (ETFS) mind-blowing utilities and top-grade DeFi trading platform featuring hot picks of in-demand tokenized ETFs, including spot Ethereum ETFs, are attracting crypto investors, including the little guys who utilize its provisional 100x leverage capable of scaling profit returns on small investments up to 45,000%.
ETFSwap (ETFS) is structurally designed to facilitate a global wealth transfer as it promotes an inclusive DeFi trading platform and level investment playing ground where institutional investors, smart money and retail make significant dollar investments into its highly sourced tokenized ETF listings. Smart investors are almost guaranteed profitability trading and investing in its high listings of spot Bitcoin, commodities, fixed income, equity, and spot ETH ETFs, among others.
The DeFi trading platform features a wide array of other profitable investment and trading options that are easily accessible to investors and traders. Smart investors, including the little guy in the crypto industry, can leverage its zero-risk investment options, which guarantee wealth-building opportunities.
Asset staking and yield farming investments on the DeFi platform are highly rewarding, as stakers earn a passive income and receive up to 87% APR in staking yield. ETFSwap (ETFS) boasts a DeFi trading platform that is open 24/7 to all smart investors and traders to trade futures contracts and fully swap tokenized ETFs and cryptos in DeFi mode. Its 24/7 market coverage gives smart investors a leveraged opportunity to not miss out on a global wealth transfer touted to occur through the launch of Spot Ethereum ETFs in the weeks to come.
The DeFi trading platform features amazing AI trading tools and custom-made trading strategies that smart investors leverage to become highly profitable. It also offers real-time crypto and ETF market data that aids the trading and investment decisions of traders who have the liberty to open and close positions at will. Smart traders and investors are guaranteed optimal liquidity with ETFSwap (ETFS) market-making expertise when trading highly volatile tokenized ETF investment assets, such as Spot Ethereum ETFs, when they launch.
The DeFi platform plans to launch its own ETF in 2025, giving small investors an opportunity to leverage its viral ICO for yet another global wealth transfer.
Spot Ethereum ETFs Launch Presents Golden Investment Opportunities To The Little Guy
Spot Ethereum ETFs, which are expected to launch into the global finance industry on July 2, 2024, present generational wealth opportunities to small crypto traders and investors. Spot Ethereum ETFs are forecast to drive volumes of liquidity into the crypto markets in the first 18 months of launch as top analysts tout $15 billion in bullish net flows to enter spot ETH ETFs.
ETFSwap (ETFS) viral ICO gives investors a lifetime golden opportunity to position for a global wealth transfer as small $200 investments into its presale have the potential to scale into 5-figure investment profits when it lists on top exchanges.
Conclusion
Buying ETFSwap (ETFS), which sells at an undervalued price of $0.01831 in its viral ICO, is the best altcoin investment decision to position yourself for life-changing gains and a global wealth transfer coming through Spot Ethereum ETFs.
For more information about the ETFS presale:
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.
* This article was originally published here
Saturday, July 13, 2024
Friday, July 12, 2024
Thursday, July 11, 2024
Wednesday, July 10, 2024
Could Bitcoin hit $73,000 in July? AMBCrypto's June report explores possibilities
June proved to be a turbulent month for cryptocurrencies, with Bitcoin, Ethereum, and Cardano each facing unique challenges and trends. Despite some positive signals, the overall sentiment was dampened by geopolitical tensions, regulatory uncertainties, and shifting market dynamics.
Bitcoin's struggles and market response
Bitcoin experienced a notable downturn after the Federal Reserve's June FOMC meeting, where the Fed Chair's skepticism about the U.S. economy's strength led to a market retreat. Bitcoin prices fell to a weekly low of $66,249, with significant long liquidations amounting to $32.92 million. Despite this, Bitcoin ETFs hold 4.33% of the total supply, with a projected annual absorption rate of 2.43%, suggesting a looming supply shock as production trails behind demand. If July doesn’t see short-term headwinds then Bitcoin could steadily climb up to test $73,000 level. Well, this can only be possible if the BTC spot ETF netflows are healthy.
Ethereum's decline and investor movements
Ethereum also faced setbacks, with the total value locked (TVL) on its platform tumbling to $60.74 billion by mid-June. The number of whale accounts holding over $100,000 in ETH dropped significantly, reflecting a broader sell-off amid uncertainties over Ethereum ETFs. Despite these challenges, Ethereum's futures open interest indicated heightened market speculation, which could lead to increased short-term volatility.
On the other hand, Cardano presented a mixed bag of outcomes. While its treasury balance grew by 3.5% to 1.48 billion ADA, on-chain transaction volumes plummeted, reflecting a sharp drop in profitability and market engagement. However, Cardano's decentralized exchanges like Minswap showed resilience, maintaining a robust position within the ecosystem. Meanwhile, a lot of memecoin investors were in profit during mid-June. AMBCrypto conducted a survey to find out traders’ winning strategies.
7,259 memecoin investors surveyed
AMBCrypto's detailed survey of 7,259 memecoin investors reveals varied strategies and motivations within the unpredictable memecoin market. As of mid-June, memecoins such as SHIB, DOGE, and PEPE constituted 2.13% of the cryptocurrency market, attracting a growing number of investors globally.
Interestingly, 50% of those surveyed reported profits throughout most of June. The survey disclosed that more than 30% of investors are drawn to memecoins for their potential for high returns and the prospects for long-term growth of the projects. In contrast, a smaller group of about 6% engages with memecoins purely for their entertainment value.
The survey results also highlight a division in investment rationale; 43% of investors emphasize the importance of real-world use cases, while 47% predominantly value hype and community engagement, pointing to the substantial influence of social dynamics on memecoin popularity. Furthermore, a significant 8.6% disregard real-world applications entirely, concentrating only on the financial outcomes of their investments.
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.
* This article was originally published here
Tuesday, July 9, 2024
Monday, July 8, 2024
Sunday, July 7, 2024
Saturday, July 6, 2024
Friday, July 5, 2024
Thursday, July 4, 2024
Wednesday, July 3, 2024
Tuesday, July 2, 2024
Monday, July 1, 2024
Solana's Problems Continue! New Ethereum Based Meme Coin Setting The Crypto Market On Fire!
Solana continues to experience transaction failures, highlighting scalability challenges. Meanwhile, Raboo ($RABT) presale token on the Ethereum ERC-20 network continues to garner attention for its smooth transactions and rapid fundraising. Currently in Stage 4 of its presale with over $1.8 million raised, crypto analysts have tipped Raboo as one of the best altcoins to invest in 2024.
Solana faces transaction failures amid memecoin surge and regulatory headwinds
Solana continues to face significant challenges due to a high rate of transaction failures, with approximately 75% of non-vote transactions on April 4 failing amidst a record surge in meme coin demand. This issue has sparked frustration among users, who have reported degraded transaction reliability and overall user experience on the Solana's network.
However, analysts like Mert Mumtaz argue that the high failure rate primarily stems from bot spam attempting arbitrage, rather than genuine user transactions. This perspective suggests that while the statistics indicate a severe problem, it may not directly impact typical user interactions on Solana due to wallet notifications preventing unsuccessful transactions beforehand.
Despite attempts to address congestion issues, Solana CEO Anatoly Yakovenko expressed frustration over the network's ongoing struggle to resolve bugs and maintain stability. These factors collectively indicate a persisting struggle for Solana amid market volatility and regulatory pressures.
Furthermore, since the approval of Ethereum ETFs on May 20, Solana node validators have swiftly withdrawn funds from staking contracts. Such substantial withdrawals from a Proof-of-Stake network like Solana typically result in short-term price declines, reflecting a bearish sentiment for Solana amidst recent market movements.
Raboo revolutionizes the meme coin ecosystem, targets top 20 crypto status
Raboo, an Ethereum ERC-20-based memecoin, is revolutionizing the meme coin ecosystem with its integration of cutting-edge AI technology and innovative features like a Post-to-Earn platform. Raboo aims to foster a community where users can earn rewards through engagement, pioneering the intersection of SocialFi and Memecoin concepts. The smart contract has been audited by SOLIDProof, ensuring maximum security which makes it one of the best cryptos to buy in 2024.
Crypto analysts project significant growth for Raboo ($RABT) presale token, foreseeing a potential 233% increase during its presale phase and a projected 100x surge upon listing on major exchanges. This ambitious trajectory aims to position Raboo among the top 20 cryptocurrencies by market capitalization, offering memecoin enthusiasts an avenue to monetize their social media presence through blockchain-based incentives.
Raboo's unique blend of SocialFi, MemeFi, and blockchain technology promises to redefine digital interaction, bridging memes with the financial potential of decentralized finance. By facilitating interactive and rewarding experiences for users, Raboo seeks to carve out a distinct niche in the cryptocurrency landscape, appealing to a wide audience of crypto investors and meme enthusiasts alike.
Currently in Stage 4 with an entry price of $0.0048, Raboo offers new investors an opportunity to capitalize on its bullish sentiment alongside over 8,000 users and over 2,500 token holders in the project ecosystem already. Raboo’s low entry price alongside its potential for massive profits offers investors an opportunity to be a part of one of the best altcoins to invest in for 2024.
Conclusion
Solana's network congestion has caused a 23% decline over the span of a month. Investors have now turned their attention to newer altcoins based on stable blockchain networks. Raboo, built on the Ethereum ERC-20 Networks, has garnered attention for its smooth transactions and substantial fundraising. Raboo’s record surge of 60% since Stage 1 contributes to its growing popularity as one of the best cryptos to buy in 2024.
You can participate in the Raboo presale here:
Telegram: https://t.me/RabootokenPortal
Twitter: https://twitter.com/Raboo_Official
Disclaimer: This is a sponsored press release and is for informational purposes only. It does not reflect the viewsof Crypto Daily, nor is it intended to be used as legal, tax, investment, or financial advice.
* This article was originally published here
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Dogecoin Flaw Exploited, Hacker Crashes 69% of Active Nodes
On December 12, 2024, the Dogecoin network was exploited when an “ethical” hacker uncovered a critical flaw. This exploit brought down a sta...
