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Reasons Why Sleep is Important for Esports Athletes

Reasons Why Sleep is Important for Esports Athletes Introduction Sleep is always stated to be one of the most important factors in performance and recovery in all aspects of life. Good sleep is well known to be a positive contributor to physical health, mental health, increased wellbeing and overall vitality1. While within professional sport lack […]

Future FinTech Establishes New Blockchain Division

The blockchain-based e-commerce business and financial technology services provider, Future FinTech announced the formation of a new blockchain division today with an aim to accelerate the company’...

AscendEX Lists Maple Finance Token, MPL

AscendEX is thrilled to announce the listing of the Maple Finance Token (MPL) under the trading pair MPL/USDT starting on Dec. 30 at 2 p.m. UTC. Maple Finance is an institutional capital marketplace powered by blockchain technology. On a mission to redefine capital markets through digital assets, Maple expands the digital economy by providing undercollateralized lending for institutional borrowers […]

The post AscendEX Lists Maple Finance Token, MPL appeared first on BlockNewsAfrica.

The state of the API economy

The has been a significant shift away from viewing APIs merely as developer-led internal bits of technology.

The Future of Proof of Staking-as-a-Service: Exchanges, 0% Fees, and Centralization

After the inception of the World Wide Web/the Internet, numerous up-gradations have happened. Similarly, the same is being seen in the blockchain-run platforms and architectures. As blockchain operates via a decentralized framework, consensus algorithms are the common factor through which a platform or an application operates. This piece focuses on the consensus algorithm Proof of […]

The post The Future of Proof of Staking-as-a-Service: Exchanges, 0% Fees, and Centralization appeared first on PrimaFelicitas.

Five technology trends reshaping the banking landscape in 2022

As we head into 2022, let's take a look at the technology trends set to reshape the landscape for banks.  

Shortage.finance Adding Value to Users through Its Ethereum-backed Token

According to the project, its token is not suitable for trading or short-term investing. This factor is mainly due to its target to add more value as time goes by, incentivizing its holders to store the currency. It also assures users that there is no team to claim any portion of the supply or change the dynamics of how the token and its smart contract works. Anyone can confirm on etherscan.io that the team has transferred the ownership of the smart contract and 100% liquidity to the dead address. This fact further proves that the team has zero control over the project. 

Moreover, it has no allocation of the token's supply to marketing strategies, depending on the community to take up the task. Shortage believes that every holder can take a step to spreading the word about the token through social media, paid campaigns, and sharing to relatives or friends, among others.

Understanding RTG Tokenomics

The first unique thing to understand about the RTG token is that there will be no official presale. The project has a great focus on liquidity and burning the token during its existence in the industry. The whole concept surrounds reducing its supply while increasing its Ethereum backing. 

RTG is an ERC-20 token with a total supply of 2 billion tokens. On December 27, the coin earned a listing on Uniswap V2, which will be the main exchange where you can acquire the coin. 50% of the total supply will go to liquidity locking, meant to remain locked forever. The other half will be burned to increase the scarcity of the token in the market. 

Any transactions involving the RTG/ETH pair will incur a transaction fee of 10% from the total; that is from any purchase, sale, or transfer of the token. If you are a holder of the token, you can expect a share from 50% of all transaction fees; the rest will go to the burning address. 

Holders do not have to go through a hassle claiming the rewards they earn from holding the token. All you need to do is get a wallet compatible with the pair, fund it, and acquire the tokens you wish. Make sure to set your slippage at 12% to complete all your orders efficiently.

Increasing the Value Holders Get

Currently, 50% of RTG's total supply is already in the burn address, a move that many existing projects are employing to reduce the supply of their tokens. The basic law of supply and demand states that with reduced supply, demand increases. In the same way, projects wish to derive the most from the same concept by removing them from the circulating supply.

Additionally, when anyone buys or sells RTG on Uniswap V2, part of every transaction fee goes to burning. Also, ETH will replace the RTG tokens, increasing the backing of the Shortage tokens. As such, the backing will always be more than enough to cover the total circulation supply available for sale. As a result, the price floor increases after every RTG transaction.

Lastly, part of the Ethereum backing in the pool will not be withdrawable to ensure a constant boost after every transaction. In the long run, the fruits of this objective will be visible in making RTG a long-term investment option for its holders. 

Twitter: https://twitter.com/Shortagfinance?s=20

Telegram: https://t.me/shortagechat

Reddit: https://www.reddit.com/r/shortagefinance/

Legion Launches Rapid Recovery Program for Victims of UKG Private…

Legion Rapid Recovery Program is a no-cost service that helps companies quickly recover from the recent UKG Private Cloud ransomware attack.

(PRWeb December 28, 2021)

Read the full story at https://www.prweb.com/releases/legion_launches_rapid_recovery_program_for_victims_of_ukg_private_cloud_ransomware_attack/prweb18412273.htm

Blockchain-based startup figure creates platform for raising equity

Figure Technologies Inc., the startup co-founded by Mike Cagney, created a platform to help private companies raise and trade equity using its blockchain technology. Figure Equity Solutions has already helped manage, raise and trade more than $4.7 billion in equity, the company said Wednesday in a statement. The business has done two secondaries now with […]

Bitcoin Predicted to Cross US$100,000 Value Threshold; LQwD FinTech Corp. (TSX.V: LQWD) (OTCQB: LQWDF) Leverages PaaS Offering for More Efficient Transactions

Experts in the cryptocurrency field have made predictions that foresee the value of Bitcoin going over US$100,000 by 2023, with some even seeing us on the brink of higher value jumps by January 2022, making holding and use by the general public more tempting The cost and speed of completing transactions has been a problem … Continue reading "Bitcoin Predicted to Cross US$100,000 Value Threshold; LQwD FinTech Corp. (TSX.V: LQWD) (OTCQB: LQWDF) Leverages PaaS Offering for More Efficient Transactions"

The post Bitcoin Predicted to Cross US$100,000 Value Threshold; LQwD FinTech Corp. (TSX.V: LQWD) (OTCQB: LQWDF) Leverages PaaS Offering for More Efficient Transactions appeared first on CryptoCurrencyWire.

Visa Buys Ripple Partner CurrencyCloud in $900 Million Deal

Payments giant Visa has acquired Ripple partner CurrencyCloud in a deal that values the company at 700 million pounds, or about $930 million. CurrencyCloud is a global platform that enables banks and fintechs to provide innovative foreign exchange solutions for cross-border payments. According to the press release: “The acquisition will empower Visa and Currencycloud clients […]

The post Visa Buys Ripple Partner CurrencyCloud in $900 Million Deal appeared first on Coin Bureau.

Coinbase Prime and Enfusion team up to bring seamless crypto trading to institutional investors

By Brett Tejpaul, Head of Institutional Sales, Trading and PrimeOur goal is to be the trusted bridge to the cryptoeconomy for all institutions, to...

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