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Would getting paid to work out encourage you to move more? Sweat Economy came to the market with a novel notion that makes Move-to-Earn more accessible and eliminates entrance hurdles that existed in previous projects. Move-to-Earn, a new paradigm that has evolved since the beginning of the year, is driving a fresh wave of mainstream adoption. So what is Sweat all about? What is the Sweat Economy? Around since 2015, Sweat Economy is an ‘OG’ ecosystem of solutions that encourage people to work out in exchange for crypto rewards. The innovative economy revolves around its platform users, tools such as apps, wearables, or other devices, and SWEAT tokens. The entire ecosystem is powered by the NEAR protocol, a blockchain known for its sustainable, cheap, and high-speed transactions. The Sweat Economy, contrary to popular opinion, has a solid foundation rather than being a start-up. The Web3 initiative is an enhanced version of the Web2 Sweatcoin app, which was launched in 2015. ...

Bitcoin surged to around $20,900 on October 26 and is currently trading around $20,500. Will we see a recovery? Data from CoinMarketCap showed that the cryptocurrency market turned green last week, ending a series of sideways trading that lasted nearly 3 weeks. Ethereum (ETH), the second-largest coin, made a stronger rally. The coin skyrocketed nearly 5% in 24 hours and over 21% in 7 days, rising from $1,350 to $1,583 – ETH’s highest price since Sept. 15, the Merge date. ETH’s inflation rate has decreased sharply post-Merge. This strengthens people’s belief in the upward momentum of the coin in the future. Other coins are also increasing. Top 20 altcoins have reportedly gained 5% to 18% in the last 24 hours. The most impressive performance went to Dogecoin (DOGE) with a 18% increase. The Bank is Spending There is no substantial news to support the cryptocurrency market’s robust recovery. However, the reason for Dogecoin’s incredible performance could be linked to Elon Musk’s re...

FTX’s CEO publicly confirmed his intentions to launch a cryptocurrency stablecoin. Cryptocurrency exchange FTX has been making constant investments into the cryptocurrency business since it started its own “rescue campaign” this year. FTX bailed out a number of struggling crypto brokers during the market turmoil, which made its leading figure – Sam Bankman-Fried – crypto’s white knight. In the future, FTX might also offer its own stablecoin . A Stablecoin to Rule Them All? Bankman-Fried has confirmed to The Big Whale that FTX is working on creating its own stablecoin in “not-too-distant future.” In the interview, the founder said that the native stablecoin could offer many use cases. FTX also seeks to collaborate closely with major entities for the issuance of the stablecoin, rather than building it from scratch. To wit, “We’ve held off on doing it because, I think to some extent, we think that cooperating on that can be really powerful and a lot of that ends with us trying...

Zonda has emerged as a large and well-regulated crypto exchange, becoming a major driver of crypto adoption. This success has also allowed it to become one of the biggest names in the crypto space. Over the past couple of years, Central and Eastern Europe have become increasingly relevant regions in the crypto economy. A recent study by Chainalysis found that the region now accounts for over 10% of global crypto transactions. In this review we will be taking a closer look at the Zonda Crypto exchange. What is Zonda? If you are interested in the prospect of using Zonda, chances are you heard about it in recent months after it rose to prominence. This doesn’t mean that Zonda is new to the space, quite the opposite. Having been around for over 8 years, the exchange is one of the best-established crypto exchanges. If you want to know more about what Zonda has to offer in terms of safety, support, features, fees, and much more. Keep reading to know if Zonda is right for you! Wha...

Aura Finance is a protocol that is built on top of the Balancer platform . Through the social aggregation of BAL deposits and Aura’s native token, the protocol provides maximum incentives to Balancer liquidity providers and BAL stakers. Recently, despite the bear market, a silent war for DeFi liquidity continues to happen in the DeFi space. The Balancer wars are getting more complicated as there has been a heavy focus on not only accumulating BAL tokens but also veBAL, the vote-escrowed token of Balancer. What Is Aura Finance? With Aura, DAOs can optimize liquidity for native tokens or other liquidity pairs that they want to direct rewards to and can use Aura to better direct rewards than any other way. The protocol has integrated with Hidden Hand so that DAOs can deploy voting incentives to pools they want BAL and AURA emissions routed toward, at a rate of around ~$2 of BAL and AURA for every $1 of voting incentives. This allows users to magnify their liquidity and yield that...

With their first-ever cryptocurrency regulatory framework, the regulators in the United States are showing accelerated efforts to keep up with the controversial sector. However, classifying crypto assets between securities and commodities is always a topic of debate. It is particularly true when the two bodies in charge, SEC and CFTC, are far from drawing a line under the definition of the legal nature of cryptocurrency. More Clarity In a public speech revolving around the crypto market, CFTC chairman Rostin Behnam reaffirmed that Bitcoin and Ether are commodities, not securities. According to Behnam, Ethereum’s transition to Proof-of-Stake doesn’t make it securities. “I’ve suggested [Ether] is a commodity, and Chair Gensler thinks otherwise,” the CFTC chair reiterated at the Manhattan event. The Monday panel also welcomed other key figures in finance such as Rutgers Law, Wall Street Blockchain Alliance, and Lowenstein Sandler. This opinion is exactly the opposite to what Gary ...

The Gleec coin is listed on six new exchanges, all of which are a part of the global Top 30 exchanges, according to Coinmarketcap. Some of the exchanges that listed Gleec coin are MEXC, Phemex, and Choise.com. With more listings, the liquidity for Gleec coin will improve. The CEO of the FMFW.io Exchange, another exchange that plans to list Gleec coin, commented, “We are excited to welcome a valuable project like Gleec, which has real utility and can positively impact the entire crypto ecosystem and make DeFi more accessible to everyone. Gleec’s mission aligns with our philosophy of aiming to make blockchain available across the world and over a wide range of industries.” Gleec is a decentralized blockchain ecosystem that is building deep liquidity for its native token, which should help to attract new investors. While the listings were just announced, the actual listings will take place over the coming weeks. Building Liquidity for the Future There is no doubt that sentiment in...

With over 100 experimental projects in the process, central bank digital currency, or CBDC has become a global trendsetter. Japan is also embracing this trend and making quick and drastic moves to issue its national digital currency. Japan Credit Bureau (JCB), a Japanese international financial services provider, said that it will conduct central bank digital currency (CBDC) infrastructure testing. It is probable that the project is part of the processing infrastructure possibilities for a Japanese CBDC, which is currently in the second phase of study undertaken by the Bank of Japan (BoJ). Japan Will Likely Move Forward With CBDCs The infrastructure project, titled JCBDC, will bring onboard two strategic partners: IDEMIA, a French biometric security technology company, and Soft Space, a Malaysia’s fintech giant. The goal is to enable the CBDC to work seamlessly on JCB’s existing financial infrastructure. JCB previously invested about $5 million in Soft Space and a series of othe...

Marketing to cryptocurrency enthusiasts is significantly different than marketing to any other tech-savvy group. The main difference lies in the main challenge that crypto marketers have to face: reaching their audience . Pay-Per-Click ads have always been a straightforward way to cut through the noise, create a target audience, and get your message across to the relevant crowd. But if you try running PPC ads for crypto, you’d encounter many regulations that’ll make your life very difficult. SEO and content marketing are surefire ways to bring the right audience to your site, but both these strategies take a lot of time and resources that many crypto brands simply don’t have due to stiff competition. What about PR? The good old-fashioned way of landing brand awareness, enhancing your digital footprint, and keeping your audience up to date with your company news. Well, getting PR in crypto is doable of course. But once again, this marketing effort does not come without a challenge...

On Friday, Dogechain , the community-driven layer 2 for DOGE, announced their idea to burn up to 80% of their native DC token live on their weekly Twitter spaces . Core contributor and industry heavyweight Roc Zacharias announced live on air that the team was planning a vote following community feedback to reduce $DC’s total supply. Within hours, Dogechain’s Twitter followed up with a more detailed post confirming the vote and explaining it would be a binary choice to support or oppose a massive 80% token burn. Following its initial meteoric rise, Dogechain’s native token has struggled, falling 90% on concerns over its massive FDV ($1.4 Billion at current value) and relatively small circulating supply. So Friday’s announcement will significantly relieve many vocal proponents of $DC who had been making repeated calls for a token burn to address the supply issue. In the 72 hours following the announcement, DC’s price soared over 400% – going from around $0.00039 per DC token to a ...

WunderTrading is a cryptocurrency platform that allows investors to execute trades on the crypto market using an automated system. This platform offers stellar features best suited to crypto beginners and advanced investors to create profitable trades. This WunderTrading review reveals detailed information about the platform’s trading process, key features, services, and many more. The table below provides a summary of the WunderTrading platform. Launch Date   2018 Platform Web and Mobile App (Android platform only)  Cryptocurrencies Offered   100+ Fees 1.00% commission  Supported Countries   Not stated  Customer Support   Yes  Visit WunderTrading What is WunderTrading? WunderTrading has grown exponentially since its launch as a cryptocurrency exchange service in Estonia. The platform has provided users with an improved trading process since its establishment in 2018. The platform self-identifies on its w...

The leading cryptocurrency exchange, Binance US just launched its own investigation unit and as part of forming the departmental force, the company has appointed former FBI special agent BJ Kang as the new head. Kang with extensive experience in securities fraud will lead the company’s first paramilitary force to focus his efforts on detecting and ruling out illegal activities on the platform. His appointment has been confirmed by Krishna Juvvadi, Binance US vice president and head of legal. What Happens Next? Kang will support Binance US’ efforts to strengthen cooperation with law enforcement agencies, regulators, and other exchanges alike. The new head of investigation unit is also committed to establishing a complete “investigations infrastructure” for Binance US. As reported on October 20, BJ Kang previously worked with the FBI for almost 20 years in many types of cases until recently moved to the cybercrime squad at the National Cyber Investigative Joint Task Force. Kang...