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Cointraffic, the crypto advertising network, is steering the right audience toward your business with its newly launched Cointraffic Marketplace . Designed to streamline marketing campaign management, the Marketplace offers Web3 teams one central platform to access exclusive, attention-grabbing ad placements. It provides direct links to a meticulously targeted audience and unambiguous campaign terms across popular crypto outlets such as Etherscan, Blockchair, BeInCrypto, TheDefiant, Cryptocompare, Coin360, and Crypto-Insiders.⁣ ⁣Understanding the importance of every client’s time and effort, Cointraffic has optimized the campaign set-up and launch process for speed and simplicity. The Marketplace is not exclusive to experienced marketing professionals—it’s user-friendly and manageable even for those new to marketing or teams without in-house marketing departments.⁣ The Cointraffic team doesn’t stop at campaign set-up—they handle website communication duties too. This all-inclusive ...

One of the most unique community-centric platforms Reddit is ready to drop Gen 4 Collectible Avatars on Polygon on July 26. The news was initially revealed on r/CollectibleAvatars , the official community of Reddit Collectible Avatars. Will the coming drop blow up the NFT space again? Named “Retro Reimagined,” this new NFT collection will mark Reddit’s collaboration with prominent NFT creators such as Cool Cats, Micah Johnson, and KristyGlas. Cool Cats is a blue chip NFT collection with 9999 hand-drawing blue cat avatars. The Ethereum-based project affirmed its launch of a limited-edition series in collaboration with Reddit on the same day. Are NFTs Still Hot? The new collection is expected to blow up the NFT space after the successes of the previous Collectible Avatars. Reddit’s first entry into the NFT space was July 2022. Marking Reddit’s significant stride in broadening its horizons, the move has since generated a lot of interest from users. The Collectible Avatars is a ser...

Worldcoin, the recently hyped project founded by OpenAI CEO Sam Altman, has stirred controversy among crypto members. The controversy centers around Worldcoin’s ambition, which aims to offer a unique digital passport for verifying users as real individuals rather than AI bots. The zK-based “World ID” vision meets growing criticism from industry leaders, including CryptoQuant CEO and Dogecoin co-creator. In a tweet on July 25, CryptoQuant CEO Ki Young Ju raised concerns about the project’s exclusion of U.S. citizens from the iris scanning process. The project reportedly authenticates the user’s digital identity using an Orb that scans the iris. Ki Young additionally questioned the necessity of a new cryptocurrency to replace Bitcoin. Notably, the CEO labeled Worldcoin a scam due to its lack of utilities and its opaque tokenomic. Global Privacy? While the co-creator of Dogecoin Billy Markus didn’t take a strong stance against the Worldcoin project like Ki Young, he recently said ...

HONG KONG, HONG KONG, July 26th, 2023, Chainwire OKX , a leading crypto exchange by trading volume and Web3 technology company, has published its industry-best ninth consecutive monthly Proof of Reserves (PoR) , showing a balance of USD$11.3 billion in BTC, ETH and USDT. OKX’s PoR covers 22 commonly used digital assets and demonstrates that OKX has maintained a reserve ratio exceeding 100% for nine consecutive months across all those assets. In addition to BTC, ETH and USDT, the assets included in OKX’s PoR are: USDC, XRP, DOGE, SOL, OKB, APT, DASH, DOT, ELF, EOS, ETC, FIL, LINK, LTC, OKT, PEOPLE, TON, TRX and UNI. OKX stores the majority of its reserves in highly secure off-chain cold storage. It has seen hundreds of thousands of users engage with its PoR, visit its PoR page and view their self-audits since first launching its PoR page in late 2022. OKX’s current reserve ratios are as follows: BTC: 103% ETH: 103% USDT: 103% OKX Global Chief Commercial Officer Lennix Lai s...

Before LYOPAY Pro: Before LYOPAY Pro, users like John faced limitations in their financial options. Converting currencies, high transaction fees, and limited acceptance of digital currencies hindered their financial freedom. But with the launch of LYOPAY Pro, a groundbreaking payment app connecting traditional finance with digital currency, everything changed. Imagine John, a tech-savvy professional who frequently travels internationally. Before LYOPAY Pro, he struggled with slow and inefficient traditional banking systems, high fees for international transfers, and limited acceptance of cryptocurrencies. It was a fragmented financial landscape that hindered his ability to embrace the potential of digital currencies. But after discovering LYOPAY Pro, John’s financial experience transformed completely. The app provided a seamless bridge between traditional finance and digital currencies, offering a range of innovative features and services. After LYOPAY Pro: Firstly, LYOPAY Pro’s...

FedNow debuted just days after Ripple’s verdict. Amidst the speculations, questions emerged about its potential impact on cryptocurrencies The U.S. Federal Reserve (Fed) officially launched FedNow, an instant payment system that allows U.S. citizens to send payments in seconds. FedNow serves as an infrastructure that connects banks , facilitating instant payments between bank accounts and eliminating transactional delays associated with traditional systems. To ensure secure and efficient transactions, customers are restricted to making $500,000 per credit transaction. However, during the initial phase, the transaction limit will be set at $100,000. More Tricks From the Fed? Under the Fed’s governance, the new service employs Metal Blockchain as the underlying technology. Metal Blockchain is a fork of Avalanche code with a subnet called X-Chain that enables the execution of smart contracts, adding flexibility and versatility to its services. 35 banks and 16 service providers hav...

NYDIG predicts that Bitcoin Spot ETFs will unlock a $30 billion investment wave. But it’s up to the SEC. When BlackRock announced the Bitcoin ETF filing on June 15, the financial markets were rocked. Excitement built up among investors, followed by Bitcoin soaring over 20% and several Wall Street top funds lining up for the same purpose. Bitcoin ETFs Are Here A decade has passed since the first registration statement for a Bitcoin ETF was filed (and rejected). Amid the anticipation, the research team of New York Digital Investment Group (NYDIG) sheds light on the current state of the cryptocurrency investment market and the potential benefits of a Bitcoin spot ETF. NYDIG’s analysis forecasts a $30 billion inflow upon the potential approval. Nearly $29 billion has already been invested in various Bitcoin funds globally. However, this significant sum is primarily held in existing structures, such as trusts, futures-based ETFs, and spot-based ETFs outside the US. A spot Bitcoin ET...

Helio Protocol is bringing the heat this summer with LSTFi. It is merging with Synclub , a group that provides on-chain, staking services with its self managed validator node on the BNB Chain. DeFi has been under pressure for years, but 2023 is the year of DeFi Summer, according to Helio Protocol . LSTFi is the driving force behind the next phase of the DeFi revolution, and Helio Protocol is pushing the development cycle forward with its Synclub merger. By the end of this year a foundation that is in charge of both projects’ revenues and operations will be in place. In the event the foundation launches a governance token, it governs both entities. Keep an eye out for the foundation’s launch under a new and exciting name. The DeFi Dilemma is Gone Crypto Twitter is alive with LSTFi, and crypto users are excited about liquid staking. Now, stakers can earn a return on their assets, and there is no need to lock them up for long amounts of time. Liquid staking means that you can stake ...

The integration of the Bitcoin Lightning Network was successfully executed on Binance’s platform, according to today’s announcement. On July 17, Binance, a go-to cryptocurrency exchange, successfully integrated the Bitcoin Lightning Network into its platform. The exchange has expanded its scope of supported networks, in addition to other popular options such as BNB Smart Chain (BEP-20), Bitcoin, BNB Beacon Chain (BEP2), BTC(SegWit), and Ethereum (ERC20). Binance Adopts Lightning Network Upon the integration, Binance users can now deposit and withdraw Bitcoin using the layer-2 solution. “Binance has completed the integration of Bitcoin (BTC) on the Lightning Network. Deposits and withdrawals for Bitcoin (BTC) are now open on the Lightning Network,” the exchange stated in today’s announcement. The adoption of the Lightning Network was first revealed in May following a second halt in withdrawals on the exchange due to a Bitcoin fee spike that led to massive pending transaction...

Singapore, Singapore, July 17th, 2023, Chainwire BitVenus , a leading cryptocurrency derivative trading platform, is pleased to announce its recent achievements in the cryptocurrency industry. At the time of publishing this release, the platform has received verification and star-level certification from reputable authorities: Defilama.com and Cer.live. And ranked 28th on Defilama.com CEX transparency ranking. This recognition further solidifies BitVenus’ position as a trusted and innovative platform for crypto trading. Defilama.com, a comprehensive information, news, and analysis website for the cryptocurrency and blockchain industry, ranks global cryptocurrency exchanges based on factors such as trading volume, user count, and geographic distribution. BitVenus proudly secured the 28th position on Defilama.com’s CEX transparency ranking, underscoring its industry standing. Cer.live’s verification and star-level certification validate BitVenus’ commitment to transparency, reliabil...

Google Play is creating an opportunity for blockchain developers and NFT projects to create immersive digital experiences and achieve widespread adoption. Google Play, the popular app store, announced on Wednesday that it would allow developers to integrate tokenized digital assets, including non-fungible tokens (NFTs), into their apps and games. This move is part of the app giant’s efforts to facilitate customer-driven innovation and creativity while enhancing transparency, safety, and reliability. Game-Changing Move Under the new policy, projects integrating NFTs must clearly indicate the presence of a blockchain element in their apps through the Play Console. In addition, the projects aren’t allowed to “promote or glamorize any potential earning from playing or trading activities.” These requirements ensure users are aware of the involvement of blockchain technology within the applications they download. In a recent blog post, Joseph Mills, Product Manager of Google Play, ex...

Phaver is taking the best parts of social media , and making them work in the global Web3 ecosystem. As one of the most powerful forces in the Web2 era, social media grew into a monster. Mega tech companies took over the space, and put profits in front of everything else. People’s rights to their data were nonexistent, and personal data was abused to make big money for a few huge companies. Phaver is well aware of this problem, and its platform allows people to use social media in a very new environment. Key Takeaways: Phaver is a Web3-native social media platform that prioritizes users’ rights to their data. Unlike traditional Web2 social media platforms that misuse user data, Phaver gives users control over their data and their digital experience. Phaver offers in-app gamification and rewards high-quality content creators. Creators can accumulate Phaver Points (in-app currency) which can be swapped for other tokens. The platform has over 250,000 installs and more than 60,000...

Tel Aviv, israel, July 14th, 2023, Chainwire Spacemesh is proud to announce today, that after five years of work, they will at long last be performing network genesis on July the 14th at 08.00 UTC. Spacemesh chose the date of July 14th, which commemorates the storming of the Bastille, as the day to launch the People’s Coin. The goal is to establish a cryptocurrency that can achieve widespread distribution, particularly among younger generations and underprivileged demographics who are currently unable to participate in the cryptocurrency revolution due to insurmountable barriers to entry Spacemesh, The People’s Coin, is born today. Spacemesh’s team of cryptographers, led by Prof. Tal Moran , spent over 5 years building a radically novel way to achieve consensus in the permissionless setting from scratch. Instead of the commonly-used PoW or PoStake, Spacemesh uses PoST (Proof of Space-Time) Rather than a Chain topology (i.e., a blockchain), Spacemesh uses a DAG (Directed Acycli...

Crypto staking is a process where you lock up your cryptocurrency in a wallet for a specific period of time and earn rewards for validating transactions on the blockchain. It is a more energy-efficient and cost-effective alternative to traditional mining, which requires powerful computers to solve complex mathematical problems. Staking Pools A staking pool is a mechanism that enables multiple holders of crypto tokens to combine their tokens, allowing the operator of the staking pool to become a validator and rewarding all participants with tokens for their contributions of computational resources. Staking pools are becoming increasingly popular as more blockchains adopt the PoS consensus mechanism, enabling users to participate in the security and maintenance of a Proof-of-Stake (PoS) blockchain network. In return for locking up their tokens, investors earn rewards, typically in the form of additional tokens. Why Stake with Tokex Tokex is a cryptocurrency exchange that offers...

The crypto market has witnessed the meteoric rise of two intriguing categories, meme coins and, shit coins. These terms often generate curiosity and confusion among users and enthusiasts alike. Join the conversation as we explore the unique characteristics of these digital assets, highlight their differences, and shed light on the diverse landscape they inhabit. Meme Coins Internet Culture in Token form meme coins have gained significant attention for their association with internet culture. These coins often feature catchy names, iconic symbols, and enjoy a dedicated fan base. One notable example is Dogecoin, which began as a lighthearted meme featuring a Shiba Inu dog. Meme coins tap into the power of social media and online communities, garnering support and generating a sense of camaraderie among users. However, it is important to recognize that meme coins are highly volatile, subject to rapid price swings, and can be influenced by social media trends and sentiments. Shit Coi...

A decline in consumer inflation sparks optimism, yet the crypto market remains largely unaffected by the development. The U.S. Consumer Price Index (CPI) has reached its two-year low following the latest release on July 12. According to the U.S. Bureau of Labor Statistics , the CPI in June experienced a mere 3% increase compared to the previous year. This drop can be attributed to subdued consumer costs and the high base effect from the corresponding period last year. However, 3% inflation is not low, and does not mean that global central banks are done with higher rates. In fact, 3% inflation is above the Fed’s mandated range, which could mean more rate hikes. CPI Hit Two-Year Low The latest figures have exceeded expectations, with both year-on-year and month-over-month changes falling below the projected estimates by Dow Jones. The year-on-year change was expected to be 3.1%, but it has impressively remained at 3%. Similarly, the month-over-month change was projected to be 0.3...

So, you’re a seasoned cryptocurrency investor that has placed hundreds, if not thousands of trades over the past 12 months. While this is likely to be a logistical nightmare for your tax reporting endeavors – this doesn’t matter, because cryptocurrency profits are not taxed, right? Wrong! On the contrary – while the specific tax treatment of cryptocurrency trading will vary from jurisdiction-to-jurisdiction, a significant number of tax authorities now require you to include cryptocurrency capital gains within your tax return. As such, it is absolutely fundamental that you get your cryptocurrency taxes in order – otherwise, you could be getting a rather demanding letter from your local tax authority. Ultimately, tax evasion is a serious crime regardless of where you are based, which is why it might be worth considering an automated cryptocurrency tax platform like BearTax . The platform allows you to track all of your cryptocurrency trades in an autonomous manner, meaning the unde...