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The Wuling COVID Testing Cars will be delivered at the end of May

HONG KONG, May 23, 2022 - (ACN Newswire) - On May 13, Guo Yanhong, the supervisor of the Medical Administration and Hospital Authority of the National Health Commission,...

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Yuga Labs Demos “Otherside,” Bored Ape Yacht Club Metaverse Is Underway?

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According to analytics source DappRadar, Bored Ape Yacht Club is one of the largest NFT collections on Ethereum, with a total trading volume of $1.41 billion. Many of the top-selling BAYC artworks are worth more than a million dollars, and their owners involve celebrities such as Jimmy Fallon, Serena Williams, and Paris Hilton. “See You [...]

The post Yuga Labs Demos “Otherside,” Bored Ape Yacht Club Metaverse Is Underway? appeared first on Blockonomi.

Lounge Lovers: 10,000 Unique Digital Lounge Music-themed NFT Collection

Lounge Lovers

One beauty about NFTs is the ability to have almost any digital file turned into one. From images to videos, to audios, we now have the power to make digital versions of these files in the form of tokens and have them stored on the blockchain for a long time. A perfect example of this intersection between NFTs and audio files (re:music) is the Lounge Lovers project.  Lounge Lovers is a private collection of 10,000 unique digital lounge music-themed collectibles. The project aims to create a community where music lovers and lounge enthusiasts across the world can come together, and interact within this unique collection and community. Stored as ERC-721 tokens on the Ethereum blockchain, the Lounge Lovers NFTs are hosted on the InterPlanetary File System (IPFS). This original collectibles will contain more than 350 hand drawn traits.  While there is no date yet, Lounge Lovers will have a presale and a public sale sometime in late March 2022. The project will be available for minting on the website during the initial sale (this will have only 1500 spots available) and once this collection is sold out, buyers will be able to get a Lounge Lovers NFT only on a secondary marketplace like OpenSea. Whitelist spots for the presale will be given to community members who are early and are active in the community. Apart from this, members can also get whitelisted through giveaways (for whitelist and NFTs) that will be happening weekly for Lounge Lovers NFTs and 20 lucky winners will receive 1 of 1 Legendary Lounge Lovers NFT.  Presale and Public Sale Prices  Whitelisted members will be able to mint a maximum of 3 Lounge Lovers NFTs during the presale and the mint price for presale will be 0.09 ETH plus gas. This is limited to 1500 members and the rest of the NFTs will be made available for public sale. Members can mint up to 10 Lounge Lovers NFTs per transaction in this phase and the mint price for public sale will be 0.12 ETH plus gas. Benefits Collaborations — Lounge Lovers is only the first artwork the development team plan to release in their collection. There are plans to collaborate with other projects to incorporate the “neon-noir aesthetic” Lounge Lovers X style.  Merchandise — The team is currently talking to a big clothing company located in the United States to design and manufacture their merchandise. Collections will remain in limited editions and would be exclusive to only Lounge Lovers holders. Members will be able to purchase the merchandise by using the $LUV Token. Liquidity Pool — Lounge Lovers’ Liquidity Pool and token will be going live in April 2022. $50,000 will initially be added to the pool, with 25% of all royalties being added at the end of each month.  Mutants & Serum — The project will be releasing the Magic Luv Serum and their Psychedelic Lovers Collection in June 2022. Holders will be granted free serum for the Psychedelic Lovers Collection. Free Mint Pass — Holders will be eligible for free mint passes which ensure that for each future release, they will behave Free Mint Passes. However, not every holder will receive a mint pass for each project. Charity Events — A core tenet of the Lounge Lovers team and project is giving back to the world. The team will continue their charity efforts and will also be taking suggestions from the community on where charity donations should be made to. Real-Life Events — Events at music venues and festivals will be hosted and holders will be eligible to claim a certain amount of free tickets. Holders will all be VIP guests on these nights. Roadmap  10% — Welcome to the Show  A $20,000 Fund has been created for the Face The Music Foundation 25% — Opening Act  5 Lounge Lovers NFTs will be randomly given away to members that own a Lounge Lover NFT 5 Lounge Lovers NFTs + $1,000 will be randomly given away to members that own a Lounge Lover NFT 10 Lounge Lovers NFTs + $2,500 will be randomly given away to members that own a Lounge Lover NFT 5 Lounge Lovers NFTs + $5,000 for our huge giveaways on Social Media 40% — Grab The Mic  $30,000 will be made available to finance community creation. This will include design, development, marketing etc. Royalties will be allocated in a special fund to ensure the well-being of the rest of the project.  50% — Concert Series  10 premier tickets will be given to 5 (sets of 2) randomly selected Lounge Lovers NFT owners to attend the Coachella music event in 2022. $2,500 per set will be awarded for travel and this will be based on availability. $25,000 has been created for the Music Cares Foundation  75% — The Rock Festival  A celebrity … Continued

The post Lounge Lovers: 10,000 Unique Digital Lounge Music-themed NFT Collection appeared first on Cryptoknowmics-Crypto News and Media Platform.

Kraken Daily Market Report for March 18 2022

Overview


  • Daily spot trading volume: $932.2 million, 30 day average spot: $964.6 million.
  • Total futures notional at $141.8 million.
  • The top five most traded coins were (for a second day in a row), respectively, Tether (0%), Bitcoin (+2.0%), Ethereum (+4.5%), Solana (+2.3%), and USDC (0%).
  • Good returns all around, especially from Waves (+15%), Serum (+15%), and Synthetix (+14%).

March 18, 2022 
 $932.2M traded across all markets today
 Crypto, EUR, USD, JPY, CAD, GBP, CHF, AUD 
USDT 
$1.0005 
↑0.0% 
$275.5M
BTC 
$41775. 
↑2.0% 
$205.5M
ETH 
$2940.0 
↑4.5% 
$179.6M
SOL 
$89.89 
↑2.3% 
$64.6M
USDC 
$1.0 
↑0.01% 
$49.4M
APE 
$13.067 
↑52% 
$25.0M
ATOM 
$28.640 
↑1.7% 
$18.7M
AVAX 
$85.7 
↑7.7% 
$14.5M
LUNA 
$88.61 
↑2.0% 
$12.2M
ADA 
$0.8523 
↑1.9% 
$11.7M
DOT 
$18.979 
↑1.1% 
$10.1M
XRP 
$0.7979 
↑0.5% 
$7.25M
ZEC 
$171.7 
↑12% 
$6.46M
DAI 
$0.9999 
↓0.01% 
$6.19M
MINA 
$2.26 
↑6.1% 
$5.27M
UST 
$1.0047 
↑0.03% 
$4.0M
WAVES 
$32.747 
↑15% 
$3.81M
LINK 
$15.047 
↑4.4% 
$3.72M
MATIC 
$1.5015 
↑3.7% 
$3.53M
LTC 
$111.96 
↑1.5% 
$3.5M
AAVE 
$159.80 
↑2.6% 
$3.28M
SAND 
$3.2127 
↑0.03% 
$2.84M
DOGE 
$0.1193 
↑2.6% 
$2.5M
XMR 
$195.0 
↑3.8% 
$2.3M
KSM 
$148.59 
↑12% 
$2.18M
ALGO 
$0.7557 
↑1.8% 
$1.96M
SHIB 
$2.236e 
↑0.8% 
$1.94M
OGN 
$0.6155 
↑52% 
$1.87M
KAVA 
$3.3993 
↑1.0% 
$1.8M
MANA 
$2.4451 
↑0.26% 
$1.8M
FLOW 
$5.669 
↑0.8% 
$1.66M
AXS 
$50.472 
↑0.4% 
$1.43M
GRT 
$0.4119 
↑1.7% 
$1.23M
KNC 
$3.3914 
↑8.8% 
$1.15M
NANO 
$2.3490 
↓9.6% 
$1.15M
SNX 
$5.0360 
↑14% 
$1.08M
SUSHI 
$3.31 
↑5.1% 
$997K
SRM 
$2.173 
↑15% 
$994K
XTZ 
$3.1614 
↑2.6% 
$993K
PAXG 
$1928.3 
↓1.4% 
$959K
TRX 
$0.0617 
↑1.7% 
$905K
BCH 
$305.57 
↑3.1% 
$882K
1INCH 
$1.591 
↑7.4% 
$863K
CRV 
$2.247 
↑6.1% 
$849K
XLM 
$0.1931 
↑1.8% 
$824K
UNI 
$9.655 
↑4.6% 
$674K
SC 
$0.0091 
↑3.7% 
$662K
LRC 
$0.7275 
↑3.1% 
$625K
DASH 
$98.834 
↑2.5% 
$613K
KEEP 
$0.6297 
↑1.8% 
$601K
ICX 
$0.7839 
↑5.2% 
$560K
GLMR 
$2.369 
↓1.7% 
$509K
COMP 
$119.62 
↑7.1% 
$466K
CHZ 
$0.2087 
↓1.4% 
$460K
OCEAN 
$0.4816 
↑4.2% 
$449K
EOS 
$2.1314 
↑2.2% 
$439K
GALA 
$0.2302 
↑1.3% 
$431K
BAT 
$0.8429 
↓0.7% 
$375K
FIL 
$17.62 
↑1.1% 
$368K
YFI 
$20563. 
↑6.3% 
$359K
OMG 
$4.2890 
↑4.2% 
$339K
IMX 
$1.642 
↑4.5% 
$338K
MOVR 
$54.264 
↑8.2% 
$314K
PERP 
$4.025 
↑1.1% 
$312K
EWT 
$5.34 
↑4.4% 
$311K
OXT 
$0.2484 
↑1.9% 
$284K
MLN 
$55.501 
↑3.0% 
$263K
STORJ 
$1.0729 
↑1.4% 
$246K
SGB 
$0.0644 
↑1.9% 
$242K
ENJ 
$1.4509 
↑3.3% 
$228K
ICP 
$16.89 
↓11% 
$220K
REPV2 
$13.755 
↑2.2% 
$220K
OXY 
$0.395 
↓2.7% 
$207K
MKR 
$2040.7 
↓0.6% 
$195K
MIR 
$1.64 
↓2.6% 
$192K
ANT 
$4.713 
↑4.1% 
$173K
ETC 
$28.073 
↑3.4% 
$170K
DYDX 
$4.9239 
↑4.4% 
$161K
BICO 
$1.3659 
↑10% 
$160K
LSK 
$2.1269 
↑1.6% 
$155K
ACA 
$1.124 
↑5.0% 
$148K
RARI 
$6.69 
↓3.5% 
$143K
PHA 
$0.233 
↓0.8% 
$129K
MC 
$2.286 
↑8.1% 
$117K
LPT 
$25.8 
↑3.7% 
$116K
KP3R 
$368.5 
↑2.3% 
$104K
QTUM 
$6.1230 
↑3.0% 
$104K
INJ 
$5.353 
↑0.5% 
$99.8K
ENS 
$14.98 
↑0.27% 
$90.1K
CTSI 
$0.3258 
↑2.2% 
$79.6K
BAND 
$3.742 
↑6.5% 
$78.6K
RAY 
$2.68 
↑7.3% 
$74.7K
TBTC 
$40809. 
↑1.0% 
$73.7K
WOO 
$0.588 
↑17% 
$72.1K
KILT 
$0.92 
↑3.4% 
$65.0K
BAL 
$11.9 
↑4.8% 
$61.5K
ANKR 
$0.0731 
↑1.5% 
$57.2K
ORCA 
$2.156 
↑3.1% 
$53.7K
BADGER 
$7.5468 
↑4.9% 
$49.3K
FIDA 
$1.639 
↓0.18% 
$46.4K
AKT 
$1.1130 
↑0.1% 
$41.8K
YGG 
$2.5660 
↑1.4% 
$40.9K
GNO 
$320.59 
↑5.2% 
$40.9K
ZRX 
$0.5379 
↑4.5% 
$39.6K
ASTR 
$0.105 
↓3.7% 
$39.5K
KIN 
$3.938e 
↑3.6% 
$39.4K
CQT 
$0.332 
↑1.5% 
$39.2K
REN 
$0.3421 
↑2.6% 
$34.3K
PSTAKE 
$0.7294 
↓1.8% 
$34.2K
AIR 
$0.0644 
↑7.2% 
$32.5K
AUDIO 
$0.7619 
↑4.2% 
$30.5K
SDN 
$0.7190 
↓0.28% 
$29.8K
ALICE 
$6.211 
↑0.7% 
$29.0K
REP 
$13.75 
↑2.2% 
$29.0K
KAR 
$1.45 
↑11% 
$28.4K
GHST 
$1.9422 
↑1.0% 
$26.5K
BNT 
$2.397 
↑3.8% 
$22.9K
ATLAS 
$0.0254 
↑1.4% 
$19.7K
KINT 
$12.59 
↑4.1% 
$19.7K
BNC 
$0.4894 
↑6.4% 
$19.5K
WBTC 
$41510. 
↑2.0% 
$14.6K
SBR 
$0.0349 
↑8.9% 
$6.78K
MNGO 
$0.151 
↑0.07% 
$6.2K
POLIS 
$1.4469 
↑5.3% 
$3.63K
STEP 
$0.158 
↑2.8% 
$3.52K

The post Kraken Daily Market Report for March 18 2022 appeared first on Kraken Blog.

Coinbase Introduces Support for Solana Ecosystem

Coinbase, the largest crypto exchange in the US, has rolled out support for the Solana ecosystem, bringing a whole host of new tokens and features to the Coinbase wallet. “Over the past year, there has been an explosion of interest in web3 and decentralized applications, including NFTs and decentralized finance (DeFi),” the exchange said in […]

The post Coinbase Introduces Support for Solana Ecosystem appeared first on Coin Bureau.

Coinbase Wallet introduces support for the Solana ecosystem

Coinbase Wallet browser extension now offers support for sending, receiving, and storing Solana and SPL tokensBy Adam Zadikoff, Senior Product ManagerMaking web3 more user-friendly means...

Mutant Ape Yacht Club becomes 5th NFT collection to join the $1B club 

Tag Template - News Hub PRO CoinGenius Hosts Virtual Crypto Event The Road To Mass Adoption Mutant Ape Yacht Club (MAYC) became the fifth non-fungible token (NFT) collection to cross US$1 billion in all-time sales on Wednesday, according to data from CryptoSlam.  See related article: Mutant Ape NFTs collect $140 million on OpenSea market Fast facts Axie Infinity occupies the top spot in sales volume with over US$4 billion, followed by […]
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More Than 80% of the Funds Locked in Decentralized Finance Are Kept on 5 Chains, 21 Different Defi Protocols

more-than-80%-of-the-funds-locked-in-decentralized-finance-are-kept-on-5-chains,-21-different-defi-protocols

In mid-March, the top five blockchains — in terms of total value locked (TVL) in decentralized finance (defi) — currently command more than 82% of the $198 billion TVL in defi across all blockchains. Each of these chains offers different types of defi protocols like decentralized exchange (dex) platforms and lending applications, allowing people to…

The post More Than 80% of the Funds Locked in Decentralized Finance Are Kept on 5 Chains, 21 Different Defi Protocols appeared first on Bitcoin News Miner.

Decoding The NFT Black Box

A professional investor looks at NFTs as an emerging asset class.

Solana vs Ethereum? Here’s the winner when comparing AMM speeds

Tag Template - News Hub PRO CoinGenius Hosts Virtual Crypto Event The Road To Mass AdoptionIt’s no secret that crypto users love to race and compare speeds, but an evaluation of this kind is actually much harder than it sounds. To that end, an investigation by GM and Haseeb Qureshi from Dragonfly Capital delved into the question of whether Solana could take on an Ethereum Virtual Machine [EVM] compatible chain […]

TribeOne Is Hosting Crypto’s Biggest NFT Giveaway – Win your very own MAYC!

tribeone-is-hosting-crypto’s-biggest-nft-giveaway-–-win-your-very-own-mayc!

TribeOne, the world’s first AI-powered DeFi and NFT-funding platform, is hosting a special event ‘The Biggest NFT Giveaway’ where they will giveaway an NFT from the immensely popular Mutant Ape Yacht Club Collection. Users can participate in the giveaway by placing loan requests for an NFT of their choice on TribeOne’s dApp. What is TribeOne?…

The post TribeOne Is Hosting Crypto’s Biggest NFT Giveaway – Win your very own MAYC! appeared first on Bitcoin News Miner.

Is DeFi Going To Be The End Of FinTech?

For the most part of recorded human history, finance has been constantly evolving and adapting to the needs of human culture and lifestyle. Fintech (financial technology) has changed the face of the financial industry. From mobile payments to lending and personal finance management, fintech has completely changed how we interact with our money. Importantly, fintech is not just limited to banking and credit. It has also made things like saving, investing and credit scoring easier for the average consumer. Nevertheless, fintech today is largely centralized and is thus unable to accommodate Web 3.0 and other blockchain-based innovations such as DeFi. What Is DeFi? According to many proponents, DeFi or decentralized finance is an evolution of fintech set to take financial markets by storm. With a steadily growing market cap that is currently estimated to be USD 115 billion, DeFi applications are already demonstrating that they can accomplish the objectives of legacy financial systems but in a manner that is faster, cheaper, and better by leveraging blockchain. This has made it an attractive space for investments and funding from venture capitalists. The sector boasts a total locked value (TVL), a metric to denote the value of assets currently locked in, of USD 92.3 billion in January 2022 and a record high funding of USD 17 billion from VCs. DeFi aims to bring the convenience of peer-to-peer (P2P) transactions to its users by harnessing the power of smart contracts (self-executing pieces of code written in a programming language native to the respective blockchain). By removing intermediaries users are able to remain in absolute control over their assets while also accessing a range of powerful financial products and platforms without the involvement of traditional bureaucracy. For instance, Aave, a decentralized shared liquidity platform allows P2P lending and borrowing of money and also earns unparalleled yields on deposits. There also exist decentralized exchanges (DEXs) like Uniswap and Project Serum which let users buy and provide liquidity directly from crypto wallets at minimal costs. Fintech vs DeFi? While many argue that DeFi ushers an end to traditional fintech or that DeFi could never replace the convenience of fintech, the reality is that both industries have qualities that are beneficial to the end-user. Both resolve issues that have long plagued traditional financial markets and they seek to develop applications with easy-to-use user interfaces. Fintech ventures have enabled the sanction of loans in a relatively easier manner and perhaps even send money to anyone across the world with lower fees. But fintech companies still suffer from the centralization of authority in the hands of a few, creating certain qualities of censorship or control that users do not want. DeFi, on the other hand, enables disintermediation and digitization but lacks the safety that comes with knowing someone oversees all the activity going on, therefore reducing the chance of fraudulent activity. Taking out collateralized loans worth millions of dollars in a matter of seconds, trading tokenized stocks 24×7, across 365 days, or sending money instantly to anyone sitting on the opposite end of the world for no fee becomes easier with DeFi applications. Baanx is a UK-based fintech integrating DeFi, digital assets and the utility they provide to bring the best of fintech and blend it with the capabilities of DeFi to formulate a smarter, more efficient, and trustless financial order. Baanx has formed partnerships with crypto industries leaders such as Ledger and Tezos to bring to DeFi all the qualities fintech has to offer along with a strong framework and regulatory approval to ensure that customers are getting a secure product. With DeFi leaders partnering with well-established companies like Baanx, it seems to be a sign of which way the industry is going. Finding The Middle Ground The adoption of DeFi will only increase as trust issues in the traditional financial space persist and yield potential remains stagnant. But with fintechs like Baanx now adopting and building for DeFi, the future seems to look a little more clear: DeFi and fintech can and will co-exist. Despite the crypto and DeFi industry being brand new relative to the history and establishment of fintech, the road ahead seems to be one of cooperation rather than total exclusion. DeFi will enable an alternative financial system that is built bottom-up, completely decentralized, censorship-free, low-fee, and fully automated. When brought together, fintech and DeFi can rapidly accelerate the adoption of Web 3.0 applications and transform financial access forever with more efficient products and services to the end-user.  

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What is Drip Protocol?

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