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RHT Rajan Menon Foundation presents Gentle Bones Charity Concert on 22 July 2022

SINGAPORE, May 29, 2022 - (ACN Newswire) - Local singer-songwriter Gentle Bones will return to the stage for a good cause in collaboration with RHT Rajan Menon Foundation...

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OKLink Insights: OKLink releases the Global Crypto Market 2022/Q1 Report

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BEIJING, Apr 13, 2022 - (ACN Newswire) - The OKLink team released the Global Crypto Market 2022/Q1 report on April 10, which contains a thorough review on the market performance of various public blockchain as well as in-depth discussion of popular fields and topics in the first quarter.

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OKLink: Preparing for a prosperous multi-chain era as Ethereum 2.0 is drawing near. [OKLink Global Crypto 2002/Q1 Report]

According to OKLink data, MicroStrategy is by far the largest holder of bitcoin amongst overseas listed companies. It has been hoarding bitcoin since August 2020 and held a total of $5.8 billion worth of 129,218 BTC by the end of the first quarter of 2022, an amount even more than the market capitalization of MicroStrategy itself and three times the position that a certain automobile company held.

For now, Ethereum ecosystem has the most dynamic and viable players of all public blockchains, yet its high Gas fee and network congestion has always been denounced, which results in its decision on moving to 2.0 stage in order to thoroughly solve the congestion on-chain and improve the scalability of the Ethereum blockchain.

Here the core change is the transformation from PoW algorithm to PoS algorithm. And 2022 is a crucial year for Ethereum's plan on 2.0 phase, which could set the stage for Ethereum to become a world-class financial settlement layer and DApp infrastructure.

Staking of ETH is a key step in Ethereum's transition to 2.0. According to OKLink data, more than 10 million ETH have been staked to ETH 2.0 contract. To be more precisely, as of March 31, ETH 2.0 contract has received a total of 10,989,186 ETH, which accounts for 9.3% of total ETH in circulation. This could be a sign that we may soon see an Ethereum that has greatly improved in scalability, security and sustainability.

In addition, several EVM (the core underlying component of Ethereum) based ecology such as Polygon and Fantom rose up to popularity as they promise a lower cost compared to Ethereum

OKLink emphasized in the report that Non-EVM based public blockchains would provide new options for users to move their assets by adding EVM compatibility; besides, this would bring more composability to the global blockchain ecology and accelerate the prosperity of multi-chain era by integrating widely accepted standards.

With the rapid development of global blockchain and crypto market, the processing and analysis of large number of diverse data on blockchains may help in grasping the trend of the crypto market. In this regard, based on self-developed technology platform and rich experience in blockchain data processing and analysis, OKLink has launched a series of data reports reflecting the development of blockchain and crypto industry, and will continue providing support for the development and prosperity of the blockchain industry.

For more information on the Global Crypto Market 2022/Q1 report, please visit:
https://www.oklink.com/academy/zh/hot-oklink-quarterly-insights-q1

About OKLink
As one of the earliest founded blockchain companies in China, OKLink has committed to R&D and commercial application of blockchain technology since its establishment in 2013, and has developed into a world-renowned blockchain technology and data service provider. The company now holds industry leading visual blockchain data processing and analysis tools, integrating big data, AI and other advanced technologies to analyze and process complex and diverse blockchain data.

Media Contact
Norman SUN, OKLink
E: cooperation@oklink.com
U: https://www.oklink.com


Copyright 2022 ACN Newswire. All rights reserved. www.acnnewswire.comOKLink team had just released their Global Crypto Market First Quarter Report 2022 on April 10, which contains a thorough review on the market performance of various public blockchain as well as in-depth discussion of popular fields and topics in the first quarter.

At Bitcoin 2022, Panelists Identify The Gaps, Uncertainties In Bitcoin Regulations

During Bitcoin 2022, a panel of cryptocurrency investment platform insiders and legal advisors discussed complications in U.S. regulation.

Decoding what ‘increase in stablecoin’s whale transactions’ means for BTC & alts

Tag Template - News Hub PRO CoinGenius Hosts Virtual Crypto Event The Road To Mass AdoptionYou have to admit, stablecoins aren’t the most exciting part of the crypto industry, especially when there are NFTs and TVLs to gawk at. However, stablecoins are important indicators for Bitcoin or alt-related activity, and no trader can afford to ignore them. So what are the stablecoins doing? In the mood for red Santiment data […]

Cylum Launches Highest APY Staking Reward in the Crypto Space

London, UK, Apr 1, 2022 - (ACN Newswire) - Cylum Finance, a DeFi 3.0 platform, has launched the highest APY staking reward in the crypto industry. Over the years, crypto investors and traders have staked their assets for relatively average returns. Although these investors earned interest on their staked crypto assets, there is huge room for improvement. Offering an increase in APY for staked assets will undoubtedly incentive more investors to enter the market.

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The mission of the Cylum project is to give crypto investors a more profitable reason to stake their assets on its platform.

Cylum Highest APY Reward

Cylum offers up to 395,677% APY within the first year for investors who hold the $CYM token. Since the history of crypto staking, no project has offered investors such high returns on their investment. The unique smart contract that powers Cylum's APY leverages compound interest in its reward system. As a result, all investors earn rewards every minute of the day with Cylum. The team plans to increase the earnings of investors with the launch of the mainnet offering. The mainnet also has a multi-chain decentralized application (Dapp) developed to offer users more utility within the ecosystem.

Cylum Unique Features & Uses

  • Auto-Staking & Compounding

In most existing DeFi projects, token holders have to stake their crypto assets manually. With Cylum's auto-staking and compounding, it is entirely different. Every process is automated and designed to favor investors. By purchasing and holding these tokens, investors earn active rewards directly to their respective wallets.

After the annual compound interest of 395,677% within the first year, the APY will begin to decrease.

  • Automatic-Burn

To reduce the number of $CYM in total supply and drive up the value of each token, the team is looking to make $CYM a deflationary token. With auto-burn, the team will make the token more valuable as a result of the decrease in supply and increased demand. The auto-burn feature is an algorithm created to automatically eliminate 2% of the $CYM token total supply once it is launched.

About Cylum Finance

Cylum is a DeFi 3.0 project launched to revolutionize crypto staking and reward system. Skilled developers created it with unique code. The project operates an amazing set of mechanics that ensures the protocol remains sustainable. The team also incorporated additional unique features that confer a competitive advantage on the project. Crypto staking has become one of the top ways investors make money from the market. A great platform like Cylum is essential to attracting more players to this sector of the crypto market.

The Cylum protocol serves as a launchpad for metaverse projects deployed on the Binance Smart Chain (BSC). In addition, its cylinder insurance fund ensures it is low risk with high rewards for investors.

Social Media
GitHub: https://github.com/cylumfinance
Telegram: https://t.me/cylumfinance
Twitter: https://twitter.com/cylumfinance
YouTube: https://www.youtube.com/channel/UC5h7sQkZiqMLBTA0JIFx5wQ

Media contacts
Brand: Cylum Finance
Contact Person: Jennifer Rodgers, Marketing Manager
E-mail: support@cylum.io
Website: https://cylum.io
LinkedIn: https://www.linkedin.com/in/jenifer-rodgers-51a3383a/

SOURCE: Cylum Finance



Copyright 2022 ACN Newswire. All rights reserved. www.acnnewswire.com

UPGRADE Announces Date for Its Whitelist, Presale, and Public Sale Events

Bangkok, Thailand, Apr 1, 2022 - (ACN Newswire) - UPGRADE, a platform that enables NFT collectors to increase the value of their NFTs, has released dates for its whitelist event, token presale, and public sale. The platform is an ecosystem of tools designed to revolutionize the NFT market. UPGRADE has been in operation since 2017 and has delivered over 50 services to the crypto and blockchain market. The platform is mainly targeting NFT collectors and NFT artists from developing countries.

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The non-fungible token (NFT) market is gradually becoming a force to reckon with in the crypto space. With a platform like UPGRADE, NFT collectors and artists can utilize the UPGRADE toolset to upgrade their NFTs. This is undoubtedly a revolutionary concept in the crypto industry. One of the core missions of UPGRADE is to ensure the NFT owners have the power over their creations.

The UPGRADE Whitelist Date

The UPGRADE project will allow some people to get early and guaranteed access to mint NFTs at a particular date and time. According to the UPGRADE team, whitelisting of NFT artists will begin on April 1st, 2022, at 5:00 AM GMT+0, and will close on May 15th, 2022, at 11:59 PM GMT+0.

To register for the whitelist, go to the UPGRADE website and click on the whitelist icon. After doing that, proceed to connect the Ethereum wallet address that will be used to buy the tokens. NFT artists and collectors should endeavor to input the correct address as the UPGRADE platform only accepts USDT, BUSD, and USDC as ERC-20 on the Ethereum network. It is important to note that the wallet number cannot be changed once it has been registered.

UPGRADE Presale

The token presale is scheduled to start on May 20th, 2022, at exactly 5:00 AM GMT+0, and will close on May 31st, 2022, at 11:59 PM GMT+0. UPGRADE presale will come in two batches, with the first back selling at $1, while the second batch will sell at $1.07 at a discount of 52% and 49%, respectively. As a result, 5 million tokens will be available for each batch of the presale.

Public Sale Date

The UPGRADE token public sale will commence on June 10th, 2022, at 5:00 AM GMT+0 and will close on September 30th, 2022, at 11:59 PM GMT+0. After the public sale event is complete, the team will burn all unsold tokens.

The UPGRADE Token ($XUP)

$XUP is an ERC-20 compliant token that serves as the governance token of the UPGRADE platform. It can also serve as the creative shop native token, and users can earn $XUP from by renting out their NFTs. With 100,000,000 in total supply, holders can exchange the ERC-20 $XUP token for a $XUP token on another blockchain network.

About the UPGRADE Platform

UPGRADE is a revolutionary platform that enables NFT artists and collectors to access tools that will help them upgrade and sell their NFTs at a higher price. The team is bringing "layer-2 NFTs" to the crypto space. Potential users can check the project whitepaper for more details. The team focuses on the long-term and sustainable results that will help NFT artists and collectors upgrade their passive income-earning ability. UPGRADE aims to enhance the rarity and value of the NFT. With UPGRADE, NFT collectors will be able to receive passive income from their NFT portfolio.

Social Media
Twitter: https://twitter.com/@UPGRADE_Tools
Discord: https://discord.gg/wrrhB4htx9
Telegram: https://t.me/UPGRADE_Official

Media Contact
Brand: UPGRADE
Contact: Phuttiporn Hongsurakul
Email: hello@upgrade.tools
Website: https://upgrade.tools/

SOURCE: UPGRADE



Copyright 2022 ACN Newswire. All rights reserved. www.acnnewswire.com

Behind the bipartisan crypto bill that’s coming to Congress

Republican Senator Cynthia Lummis is delivering on her promise to get a cryptocurrency bill to Congress this year.

The post Behind the bipartisan crypto bill that’s coming to Congress appeared first on CryptoSlate.

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Behind the bipartisan crypto bill that’s coming to Congress

Republican Senator Cynthia Lummis is delivering on her promise to get a cryptocurrency bill to Congress this year.

The post Behind the bipartisan crypto bill that’s coming to Congress appeared first on CryptoSlate.

EU Institutions To Continue MiCA Discussions Without PoW Ban

According to the lead politician responsible for the MiCA, the proof of work (PoW) ban that was previously considered by the EU parliament is now off the [...]

EU Institutions To Continue MiCA Discussions Without PoW Ban

According to the lead politician responsible for the MiCA, the proof of work (PoW) ban that was previously considered by the EU parliament is now off the [...]

Vanuatu Gives Approval For Satoshi Island Mega Crypto Project

Vanuatu Prime Minister, Bob Loughman, has announced the government has approved the Satoshi Island Community project. Transactions on the Island will be based strictly on [...]

These are the top 3 coins for yield farming

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There are a lot of ways to make money in the crypto industry. While…

The post These are the top 3 coins for yield farming appeared first on Coin Journal.

Report: Morocco Central Bank Discusses Crypto Regulation Best Practices With IMF and World Bank

Tag Template - News Hub PRO CoinGenius Hosts Virtual Crypto Event The Road To Mass AdoptionThe Moroccan central bank is currently holding talks with multilateral lending institutions and other central banks, centered on establishing cryptocurrency regulation best practices. Inevitable Adoption of Cryptocurrencies The Moroccan central bank governor, Abdul Latif Al Jawhari, has said his institution is currently in discussion with the International Monetary Fund (IMF) and the World […]
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