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RodeoCoin – Supporting the Western Lifestyle through Crypto

RodeoCoin is a hyper-deflationary token running on Binance Smart Chain seeking to reward its active users with BUSD reflection rewards. The project’s ultimate goal is to build a Community Wallet supporting the western lifestyle and community-oriented initiatives, including promoting talents in art, sports, and music. This short RodeoCoin review looks closely at one of the most recent projects to surface in the market. Read on to discover its features, tokenomics, and roadmap! What is RodeoCoin? RodeoCoin evolved from a group…

Shazu – Channeling the Ninja Abilities within NFT Collectors and Crypto Enthusiasts

Shazu is a community-driven project featuring a deflationary token, SHAZU, and a collection of unique Ninja NFTs. Its goal is to help users increase their financial freedom through reflection rewards, staking opportunities, and digital collectibles. This short Shazu review looks closely at one of the latest projects to surface in the cryptosphere. What is Shazu? Shazu is a project seeking to grow through its community while rewarding its members at the same time. It features a deflationary token on the…

Solidproof Extends Product Suite with Crypto Marketing Services

The Germany-based security company Solidproof had added crypto marketing services to its product suite. It's offer includes numerous package deals for publishing marketing material in cryptocurrency-focused outlets, mainstream news sites, and social media. In a press release shared with CryptoAdventure, the company said it plans to offer all the services of traditional marketing agencies. For example, its solutions include press releases, Ask-Me-Anything’s (AMA’s), and social media posts. It will also feature content on multiple top cryptocurrency websites, including CoinTelegraph, Bitcoin.com,…

DYP Launches CAWS Staking Pool After Completing DeFi Audit Report

Defi Yield Protocol (DYP) has launched a staking pool for its “Cats and Watches Society” (CAWS) NFT collection. The yield farming aggregator will reportedly provide up to 50% APR to CAWS stakers, denominated in ETH. Earning Yield on NFTs? NFT staking differs from cryptocurrency staking through the so-called “proof of stake” consensus mechanism. Rather than securing a network, “staking” an NFT is simply locking up one’s holdings with a platform to earn rewards. The 50% APR rewarded to CAWS stakers…

CryptoPositive (CPTX) – Positivity to the Blockchain User Experience

The only limit to the market’s enthusiasm in the blockchain sector is the crypto-related criminal activity. Phenomenons such as rug pulls have the potential to harness the industry, even considering its enormous potential. The team behind CryptoPositive, a new project wishing to enhance the sector’s credibility, is among those who want to counter this force. To let the readers judge the project’s value, we have collected a series of crucial details on this new initiative in our review. About CryptoPositive…

S Fantasia – A Project Launching a Fantasy Metaverse for Adults

Different ways of thinking about the term “metaverse” are in use, even though it has become a widespread term. Technology that humans employ to access the metaverse, such as virtual reality (VR), augmented reality (AR), and brain-computer interfaces (BCIs), are often associated with this concept. In 2021, the term "metaverse" became widely used, igniting a global discussion about what it means, whether it has already arrived, and who will be the first to exploit it. Nonetheless, in 2022, experts are…

Ezillion – A One-Stop Solution for Launching Crypto Projects

For many crypto enthusiasts, the prospect of creating a coin and a community is exciting. However, launching a new crypto project is not as easy as investing in one. A project must have strong fundamentals to join the market successfully. Developers are establishing platforms to launch crypto projects to make things easier. Today we will look into one of these initiatives, Ezillion, and its key features. What Do We Know About Ezillion? Ezillion is a new technology-based cryptocurrency that is…

Rebalancing the Portfolio or Buy & Hold? A Comparison Between Crypto Investments Strategies

Blockchain and cryptocurrencies have attracted an outstanding amount of interest and money over the years. However, the popularity of an asset does not automatically indicate that investing in it is easy. If you don't know how to distinguish between reputable cryptocurrency suggestions and scammers, you'll have a hard time making a profit. New traders often have many questions and have no idea where to begin when they first enter the market. Different investors tend to prefer different investment strategies for…

How Social Leaders on Shrimpy help Investors Maximize Profits from Crypto Trading

The emerging trend of social trading allows millions of investors to interact with their peers and learn from accomplished traders in the crypto market. Every market participant wants to become a profitable crypto trader and maximize earnings from the ongoing crypto boom. Unfortunately, navigating the highly volatile space while grasping the complex learning curve that involves fundamental/technical analysis can be rather daunting. Becoming successful in the crypto market requires time to develop a working strategy that empowers investors to execute…

New MicroStrategy CFO Remains Committed to Bitcoin HODL Plan

MicroStrategy still doesn’t plan to sell its Bitcoin, according to the company’s new Chief Financial Officer Andrew Kang. The recent bear market, which has brought Bitcoin’s value below the company’s average purchase price, hasn’t shaken the organization’s faith. “At this time, we do not have any intention to sell,” said the CFO, after joining the company on May 9th hailing from GreenSky. “There are no scenarios that I’m aware [in which] we would sell.” Shareholders also remain confident and reportedly…

CFTC Chief Backs Regulatory Incentives to Make Bitcoin Proof of Stake

Rostin Behnam – chairman of the Commodities and Futures Trading Commission – is displeased with Bitcoin’s current levels of energy consumption. He believes regulators should establish incentives to push the network towards a proof of stake (POS) consensus model. Not Worth the Energy, says Benham Speaking at POLITICO’s Sustainability Summit, Benham claimed that Bitcoin’s energy consumption doesn’t match its economic output. “That may rebalance over time, but right now it’s clearly skewed,” he said. Most of Bitcoin’s energy consumption is…

Terra Collapse Causes G7 to Hasten Crypto-Centric Regulations

Earlier this week, ministers from the world's top economies, the G7, called for greater speed as financial watchdogs introduce comprehensive crypto regulation. This comes shortly after Terra's demise saw several crypto users suffer considerable losses in the space of a week. G7 Contacts FSB to Hurry Things Up The stablecoin failed to maintain its dollar peg and crashed as low as $0.07, with sister token LUNA not far behind. This created a ripple effect as general market anxiety destabilized even…

Andreessen Horowitz Unveils 2022 State of Crypto Report

The Silicon Valley venture capital firm Andreessen Horowitz (a16z) released a report on Tuesday covering the current state of crypto adoption. It highlights Ethereum as the leading blockchain network for developer support but contains very little mention of Bitcoin’s growth. The Potential of Web 3 The VC firm broke boiled down its report into five key takeaways about the current state of crypto. It began by suggesting that the industry is in the middle of its fourth ‘price innovation’ cycle.…

BinaryX Unveils CyberArena: A New Play-To-Earn (P2E) Experience

BinaryX developed and released CyberArena, a free-to-play, play-to-earn strategic card game. Gamers may compete to earn rewards while enjoying and experiencing a no-cost game in a new decentralized environment. The team has recently shared an AMA recap on its Medium page. The session gave the public the chance to learn more about CyberArena and the team’s plans. Getting to Know CyberArena CyberArena is a key addition to the BinaryX ecosystem. Being a free-to-play game with substantial prizes, it is a…

FBI Warns US Businesses Against Inadvertently Hiring North Korean Hackers

The US Federal Bureau of Investigation (FBI) has cautioned businesses against accidentally hiring IT employees from North Korea. In an advisory note, the state and treasury departments and the FBI warned that North Korean hackers are posing as freelancers. In doing so, they take advantage of remote work opportunities to earn money for Pyongyang. According to the FBI, the country’s hackers have been using this approach to evade US and UN sanctions. Reportedly, North Korea has used the funds from…

Terraform Labs’ Legal Team Steps Down Following LUNA Crisis

The legal department of Terraform Labs is in shambles following the resignation of key team members. While there are no clear reasons yet behind the slew of resignations, this hasn’t stopped speculations that Terra’s lawyers might have ditched the struggling ship because of financial constraints. Legal Team Abandons Ship According to a spokesperson affiliated with the developers, three attorneys have now left Terra's holding firm. This unfolds about one week after the catastrophic collapse of Terra's stablecoin, UST, and its…

Nansen Procures DeFi Tracker Apeboard in Eight-Figure Deal

Nansen will offer Web3's analytics super-app for free.   Nansen has acquired the cross-chain DeFi tracker, Apeboard, at an 8-figure price, according to an announcement this Tuesday.  Alex Svanevik, CEO of Nansen, shared this information in a speech he made at the Permissionless conference held in Palm Beach. According to him, the inspiration behind the move was the inconvenience web3 users face in tracking their investments across multiple chains. As of writing, Nansen is yet to reveal the official takeover…

Bitcoin Fear and Greed Index Hits Lowest Level Since Covid Crash

The Bitcoin/ Crypto Fear and Greed Index today shows the most bearish crypto market sentiment since March 2020. The index started showing “extreme fear” across the market last week. Bitcoin collapsed below $30,000 for the first time since July, while the UST stablecoin fell apart. Today, the index reflects a single-digit score of only 8. That’s the lowest number since March 28th, 2020, when it collapsed to the same level due to covid lockdown fears. By contrast, March 28th, 2022…

China Rebounds as the Second-Largest Crypto Mining Nation

Nearly a year since the Chinese government initiated a nationwide crackdown on BTC mining, the nation is again a thriving center for mining operations. Albeit this time, secretly. The Cambridge Digital Assets Program (CDAP) provided this information in their latest research.  China Hosts One-Fifth of the Global BTC Hash Rate The CDAP revealed that underground miners within China are responsible for about 21% of the total Bitcoin hash rate globally. Before the ban, the East Asian nation had been the…

Terra Should Have Backed UST With Bitcoin From The Start (Opinion)

Terra co-founder Do Kwon became an industry hero when he promised to buy $10 billion of Bitcoin back in March. Now, he’s become crypto public enemy number one. Two months after the announcement, his blockchain’s dollar-based stablecoin, TerraUSD (UST), has depegged to just $0.15. Meanwhile, Terra’s governance token LUNA has collapsed to absolute zero, destroying investors who HODL’d through its collapse. Kwon and the Luna Foundation Guard fought to defend the peg by selling their Bitcoin reserves to pump UST’s…

Can You Really Protect Your Crypto Investments Against Whales?

It is only natural that the price of BTC changes following whales' transactions. Because altcoins have smaller market capitalizations, this effect is even more pronounced on their prices. The ways whales manage to manipulate the market are inventive and can lead to heavy losses for small traders. In our guide, we look into the matter and reflect on how to protect a wallet against whales. Understanding the Concept of Whales The term "crypto whale" refers to a person or organization…

Do Kwon Suggests Terra 2.0 Hard Fork in New Revival Plan

Kwon unveils another plan to revive ebbing Luna.   On Monday, the Terraform founder and CEO unveiled another plan to save Terra’s sinking ship from extinction. This plan, shared on Twitter, includes forking Terra’s governance coin Luna and making the chain community-owned. What Went Down, Literally In spite of the death blow dealt to both Terra coins recently, the cryptocurrencies continue to find ways to stay alive. Last week, Terra's LUNA dropped from $85 value to less than nothing. Its…

Stablecoin DEI Follows UST’s Lead, Drops Under $0.6

DEUS Finance's algorithmic stablecoin DEI appears to be going the same route as the ravaged Terra USD (UST). DEI is the third stablecoin to depeg from the $1 mark in the past 14 days.  DEI Drops to All-Time Low Price charts from CoinGecko show that the token failed to maintain its dollar peg starting late Sunday. Earlier today, DEI plummeted to an all-time low of 52 cents. The stablecoin has undergone a slight recovery and is hovering at $0.65 at…

B3, Brazil’s stock exchange to roll out BTC and ETH futures

Brazilian stock exchange B3 is gearing up to launch its first official product targeting the crypto market. A report unveiled this news today, citing B3’s Chief Financial Officer, Andre Milanez. He announced this bullish news during a conference call on Monday. Specifically, Milanez said B3 seeks to roll out Bitcoin (BTC) futures trading within six months. According to the report, Milanez did not share how the product offering would work. It remains unclear whether B3 will team up with another…

What Are Fractionalized NFTs?

Most people who use the internet regularly, whether for business or pleasure, are familiar with NFTs. Everyone in the crypto/blockchain community looks at these "Non-Fungible Tokens” with interest.  The only problem is that NFTs are becoming extremely popular and too costly to own.  In this context, Fractional NFTs, or F-NFTs, have entered the market to attract new investors. Imagine dividing a single NFT into smaller parts and making it available for purchase. This concept is the principle governing the growing…

Diluted Market Cap – A Beginners’ Guide

The value of a cryptocurrency is difficult to predict, especially if we are dealing with a new token. If you're looking to invest in cryptocurrency, measures like the fully diluted market cap can guide your choices.  The term "fully diluted market cap” will represent the core of today’s guide. We'll begin by defining the sector's market capitalization before moving on to more advanced notions. Market Cap in the Crypto Industry The total worth of an asset now in circulation corresponds…

Elwood secures investments from Goldman Sachs and Barclays

American multinational investment bank Goldman Sachs and British bank Barclays have invested in crypto trading platform Elwood Technologies. Elwood Technologies unveiled this news earlier today through a press release. The banks joined other renowned investors to raise $70 million in the company’s Series A funding round. According to the press release, Goldman Sachs co-led the funding round alongside Dawn Capital. The list of investors in the funding round featured both traditional financial institutions and digital asset companies. These include BlockFi…

RodeoCoin – Supporting the Western Lifestyle through Crypto

RodeoCoin is a hyper-deflationary token running on Binance Smart Chain seeking to reward its active users with BUSD reflection rewards. The project’s ultimate goal is to build a Community Wallet supporting the western lifestyle and community-oriented initiatives, including promoting talents in art, sports, and music. This short RodeoCoin review looks closely at one of the most recent projects to surface in the market. Read on to discover its features, tokenomics, and roadmap! What is RodeoCoin? RodeoCoin evolved from a group…

Shazu – Channeling the Ninja Abilities within NFT Collectors and Crypto Enthusiasts

Shazu is a community-driven project featuring a deflationary token, SHAZU, and a collection of unique Ninja NFTs. Its goal is to help users increase their financial freedom through reflection rewards, staking opportunities, and digital collectibles. This short Shazu review looks closely at one of the latest projects to surface in the cryptosphere. What is Shazu? Shazu is a project seeking to grow through its community while rewarding its members at the same time. It features a deflationary token on the…

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