Category: Cryptocurrency News

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Finding the best cryptocurrency to invest in 2022 for maximum returns can be a rather arduous process. However, we’ve got a solution. During this guide, we’ll be taking a look at 8 of the best cryptocurrency to invest in 2022 for 10x returns. Each of the projects we’re reviewing has excellent fundamentals and strong price action. Let’s begin. The Top 8 Best Cryptocurrency to Invest in for 10x in August 2022 Each project we’ll be taking a look at offers investors the potential for excellent returns. While nothing’s guaranteed, these projects are some of the strongest on the market. Battle Infinity – Overall Best Crypto to Invest in for 10x Lucky Block – Massively Promising Project with Regular Prize Draws Chainlink – Leading Oracle Project Avalanche – Cheap Ethereum Rival Polygon – Exciting Layer-2 Project Aave – Popular Lending Protocol KuCoin Token – Low-Cost Token from Leading Exchange BitTorrent Token – Cheap P2P Protocol A Closer Look at the 8 Best Cryptocurrency to Invest in for 10x in August 2022 Below, we’ve reviewed the best cryptos to invest in 2022. We’ve included projects from a wide range of sectors, in order to cater to investors of all specifications. Battle Infinity – Overall Best Crypto to Invest in for 10x Battle Infinity (IBAT) is a revolutionary new project that will blend some of the most popular sectors in cryptocurrency; the Metaverse and play-to-earn games. Despite only being weeks old and still in presale, Battle Infinity has already been KYC verified by CoinSniper and audited by Solid Proof, making it perhaps the best cryptocurrency to invest in 2022. The IBAT ecosystem is divided into six platforms, a fantasy sports league, a decentralized exchange, an NFT marketplace, a player versus player P2E gaming platform, a Metaverse world with customizable avatars, and a dedicated staking platform that enables users to earn rewards on their crypto. With more than ample utility and Battle Infinity garnering over $1 million in investments within the first two weeks of presale, it’s safe to say that Battle Infinity has a good chance of being the best cryptocurrency to invest in 2022. Join the IBAT Telegram group to find out more. Visit the IBAT Presale Now Lucky Block – Massively Promising Project with Regular Prize Draws When it comes to the best cryptocurrency to invest in 2022, few projects are as worthy of consideration as competition platform Lucky Block (LBLOCK). The platform has used blockchain technology to reshape the prize draw sector by enabling fair draws, and efficient rewards distribution. What’s more, the project has the fastest cryptocurrency to reach a $1 billion market cap, a testament to the project’s investability. Lucky Block features weekly prize draws with prize pools of up to $50,000. Furthermore, holders of LBLOCK or Lucky Block NFTs can claim rewards by voting on the next institution to receive a charitable donation from Lucky Block. With the LBLOCK token migrating to the ERC standard in the near future, centralized exchange listings are on the horizon beginning with MEXC. As CEX listings tend to bolster token prices significantly, LBlOCK has the potential to be the best cryptocurrency to invest in 2022 for the short term. Visit Lucky Block Now Chainlink – Leading Oracle Project Chainlink (LINK) is a well-established crypto project that enables on-chain applications to interact with off-chain data sources, massively opening up what’s possible in the world of crypto. The project grew exponentially during 2021, and with prices down significantly and demand for its services growing, Chainlink could be the best crypto to invest in 2022. With high-profile partnerships including Aave, there is a clear demand for Chainlink’s services. With backing from well-known projects and a first-mover advantage, Chainlink has the potential to be the best cryptocurrency to invest in 2022 for the long term. Buy LINK Now Cryptoassets are a highly volatile unregulated investment product. No UK or EU investor protection Avalanche – Cheap Ethereum Rival Although the Ethereum killer narrative has been rendered less important by the rollout of ETH 2.0 coming in the near future, Avalanche (AVAX) is still one of the most promising cryptocurrencies in 2022. During the dApp explosion in 2021 loads of projects began migrating to the Avalanche highlighting the demand for a fast, efficient, and cheap network for projects to be developed on. The project offers a massive throughput of 6,500 transactions per second and doesn’t compromise on decentralization when scaled. With the demand for an Ethereum alternative still prevalent in the industry, Avalanche could be the best crypto to invest in 2022. Polygon – Exciting Layer-2 Project Polygon (MATIC) is a layer-2 platform for Ethereum designed as a scaling solution. The Polygon network allows for projects to take advantage of the benefits of the Ethereum network without dealing with congestion and high gas fees. With Polygon becoming one of the most used networks for the creation of NFTs and dApps, it’s in a great position to grow rapidly once the wider crypto market begins its recovery. Polygon has garnered backing from prolific exchanges like Binance and Coinbase adding to the argument that it could be the best crypto to invest in 2022. Polygon has huge potential. The network is excellent and with it being built on Ethereum, it’s also secure and highly decentralized. With that in mind, it could be the best cryptocurrency to invest in 2022. Aave – Popular Lending Protocol Lending protocols like Aave (AAVE) have grown in popularity massively over the past couple of years as they allow investors to temporarily spend their crypto without worrying about capital gains tax. Aave is one of the best-known projects in the sector and shows massive upside potential. The AAVE token derives its value from being a governance token and provides users of the platform with lower fees when transacting. With a massive amount of demand for secure lending services, Aave could well be the best cryptocurrency to invest in 2022. KuCoin Token – Low-Cost Token from Leading Exchange KuCoin is one of the most widely used crypto exchanges on the market. The KuCoin Token (KCS) powers the platform and like most other exchange tokens, has been showing impressive strength during the recent downturn. Outside of reduced fees and access to exclusive offers and competitions, KCS generates value by providing investors that hold six or more of the token a dividend from 50% of the exchange’s daily trading fees. With KuCoin growing in popularity and attracting users due to its community-centric nature, KYC might become the best cryptocurrency to invest in 2022. BitTorrent Token – Cheap P2P Protocol BitTorrent was a massively popular peer-to-peer file sharing service that launched in 2021. However, in 2018, it was acquired by TRON, with new functionality, including the BitTorrent Token (BTT)  being rolled out afterward. Following the migration to BitTorrent new, this token could well be the best new crypto to invest in 2022. It has backing from an established company and with the largest P2P network in the world, it seems to only be a matter of time before this asset takes off. While BTT has been struggling to gain traction (much like TRON) it is synonymous with the largest P2P network in existence and therefore provides clear value. How to Buy IBAT Below, we’ve included a detailed breakdown of how to buy IBAT, the best cryptocurrency to invest in 2022. Step 1 – Register with an Exchange As BNB is required to buy IBAT, an investor must first register with a regulated exchange like eToro. Visit eToro Now Cryptoassets are a highly volatile unregulated investment product. No UK or EU investor protection Step 2 – Deposit & Buy BNB Then, click on ‘Deposit Funds’, decide how much to invest, and press ‘Deposit’. Following this, click on the search bar, enter ‘BNB’, press ‘Trade’, choose how much BNB to purchase, and press ‘Open Trade’. Step 3 – Create Metamask & Send BNB Prior to buying IBAT, an investor must create a MetaMask wallet by downloading the browser extension or mobile app and following the on-screen instructions. After this, change the wallet to the Binance Smart Chain and withdraw the BNB from eToro to MetaMask using the eToro Money Wallet. Step 4 – Connect Wallet & Buy IBAT Lastly, head to the IBAT presale website, click ‘Connect Wallet’, select MetaMask, and confirm the connection. Then, scroll down, choose how much IBAT to purchase, and press ‘Buy IBAT’. The tokens will be immediately sent to the MetaMask wallet. Visit IBAT Presale

In a first for the sixth-tier English football league, the club will wear the BTC logo on their shirts, and fans will be able to buy tickets with Bitcoin over the Lightning Network.

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With all the hype surrounding the Metaverse, the NewsBTC team caught up with Tim Bullman, the co-founder of Caduceus Foundation to learn more about their initiative. Caduceus is a blockchain dedicated to metaverse development, supporting developers and creators to build their own metaverse, NFT, GameFi and DeFi projects. Here are excerpts from our interview. Q: Can you please tell us more about your journey that led to Caduceus? Tim: After successfully launching UK’s first corporate crypto brokerage business, I met my other co-founders. We shared the same vision that the blockchain sector needs a trustworthy, robust ecosystem so the global audience can make a meaningful connection with such a new technology. We analyzed all the other blockchain features, pros and cons, and we found a unique angle where we can make a difference and provide a truly robust infrastructure for Web 3 developers. The future of the metaverse in the Web3 era world will have multiple chains that coexist. A true metaverse would connect all other virtual worlds and transfer personal information and currency between different ecosystems through protocols that span time, platforms and devices. This is also what Caduceus pursues and actively implements. At the current stage, Caduceus will use the underlying architecture to support different independent applications in the metaverse field. In the later stage, these applications will be integrated and connected in series to realize a system consisting of various applications, different devices, and user experiences, which will be the prototype of the Caduceus Metaverse. Q: What is Caduceus trying to solve? Tim: Metaverse is a huge topic, and it will undoubtfully play an important role in our future digital life. However, metaverse development requires high rendering power and the current cost from various centralized providers is extremely high. With Caduceus’s unique decentralized edge rendering solutions, developers can deliver a more user-friendly, low-cost, highly efficient experience to the audience. Metaverse emphasizes the immersive interactive experience for the fusion of virtual and real. What the market really needs is an innovator who can not only achieve its own development but also lead the trend of the metaverse, and behind this innovation, be inseparable from the support of edge computing, global distributed heterogeneous computing power and efficient rendering services. As a new form of metaverse infrastructure, we believe metaverse protocol Caduceus is technically outstanding. The combination of edge computing and blockchain will lay a solid foundation for credible and efficient collaboration among multiple vertical industries. These computing and rendering resources derived from computing power will also meet the demand for computing power in Metaverse application scenarios, bringing a more extreme Metaverse interactive experience. Q: So, what is your role at Caduceus? Tim: I have spent the past 25 years building and managing businesses in the capital and digital markets, so I have experience in administrative and operational functionality. This linked with a strong drive to promote business development will be my focus in the short to middle term. We will place a long-term strategy on ensuring strong ties to the community and wider audiences so we are aligned with their vision as well as our own. Q: How does Caduceus differ from other blockchain protocols out there? Tim: Four different aspects: Super fast transaction speed Super low transaction cost Customized consensus mechanism Unique low-cost decentralized edge rendering solution On top of that, we are building a set of tools to enhance our development environment to make future developers’ life a lot easier. Our goal is to lower the entry level so more talent can join this exciting space. Q: What are the various applications and industry verticals you see Caduceus being adopted? Tim: With an emphasis on enterprise-level products there is a requirement for real productivity tools that provide developers with a friendly and convenient development environment, this is the original intention of Caduceus. Therefore, Caduceus considers “performance, robustness, scalability, flexibility, and reliability” with great care in the architectural concept, and provides developers with a decentralized and fully modularized system according to the current market demand of the Metaverse. A blockchain with lower transaction costs, faster speed and a high emphasis on security and scalability. At present, Caduceus has released the main network. At the same time, it will carry out multi-stage network iteration, systematically organize internal and external advantageous resources, and create a truly easy-to-use software with technical advantages such as developer friendliness and complete development tools from the perspective of systems engineering. We are expecting game developers, metaverse developers, Dex, and NFT creators to join caduceus. Q: What is the current state of development? When can we expect Caduceus-based projects to start rolling out? Tim: Our mainnet version 1.0 was launched on 28th April and currently, the development team is working on version 2.0 which will enhance the efficiency of our network even further. We have shared a lot of our current developer status on our official Twitter and Medium accounts, so please refer to those platforms for more thorough updates. Our goal will be to carry out a large number of cross-industry cooperation with leading Web2 enterprises, fashion brands, film and television IP, sports/film and television stars, and artists, to create popular applications of the Metaverse, and to create the diversified development of the Caduceus Metaverse. Gaming is also a big part of the Caduceus ecosystem. We are seeing over 40 projects being deployed onto Caduceus. This is very encouraging considering our mainnet was only launched back in April this year. Some exciting examples to share, Caduceus is working with the 3D NFT fashion brand Hape to create an NFT scene that integrates games, business, and entertainment, and jointly design a virtual image system to give consumers the opportunity to interact with culture and brands in a highly immersive experience. Interact. CMP token will also be the tokenomics solution to the Hape ecosystem Caduceus has partnered with one of the Dubai Sovereign companies Bin Zayed Group, to bring the twin city experience to life using virtual reality technology, creating an authentic urban experience in the Metaverse; Light Cycle, the first metaverse platform incubated by Caduceus, Light Cycle a 3D metaverse platform built for fashion, entertainment, games, movies, music, sports, real estate, retail, NFT, and will cooperate with Lord Botham to bring cricket to the metaverse. This will be the first of many projects bringing sport and the metaverse together for a wider audience to experience Q: Can you please explain the features of Caduceus? Tim: As the first Metaverse protocol for decentralised edge rendering, Caduceus is committed to providing services such as decentralised rendering, edge computing, 3D technology, and XR extended reality technology for Metaverse developers and creators. As you can see from the introduction, the underlying technologies provided by the Metaverse Protocol Caduceus for the Metaverse include blockchain technology, edge computing technology, computing power resources, and rendering resources derived from computing power. Furthermore, the high transaction speed with low transaction costs has given our developer a head start. Q: How is the community’s interest towards Caduceus? Tim: Communities are formed because people come together with a shared common bond and vision. In the caduceus community, everyone has a valuable consensus, agrees with the development concept of the project, and is willing to participate in the construction of the community. At the same time, they can also enjoy the economic returns brought by the growth of caduceus. To this end, we have specially launched a community-exclusive badge NFT “NOVA”. Community users who hold NOVA can enjoy CMP token airdrops, whitelists of projects within the ecosystem, and airdrops of projects within the ecosystem. As an indispensable part of the Caduceus metaverse, the Caduceus community welcomes all like-minded partners, and our community will give each member the opportunity and right to participate in community building. Our combined community across all channels and platforms has exceeded 800,000 members Q: Any significant partnerships or collaborations you wish to share? Tim: We have recently partnered with Lord Botham, one of the most successful cricket legends to bring Cricket into the metaverse. We also started our journey with Hape Prime, a London and New York based NFT fashion brand to take NFT to the next level. We have some exciting news to announce shortly regarding this project, can not wait to tell everyone a bit more about it, but for now, had to keep it a secret. We also have some exciting news to announce with inspirational partnerships in the Music, sports and filming industries. August is going to be busy for us, with a strong emphasis on adoption and business development into year-end and beyond. Q: How does one get started on Caduceus? Tim: We have a very thorough tutorial and guidance on our website, under the ‘Developer section’. It gives very clear guidance regarding wallet integration, smart contract deployment and other aspects to get your journey started with Caduceus. Our tech team is always here to help. We welcome global talent to join Caduceus. Q: Nowadays metaverse is one of the hottest topics and everyone wants to have their presence in it. How do you think the metaverses will add value to individuals and businesses beyond those of what web2 can currently offer? Tim: In many countries, governments and enterprises attach great importance to emerging technologies. It is also very friendly to relevant policies. With the blessing of emerging technologies, it can quickly promote the digital transformation of local traditional enterprises and promote the economic development of various countries. With current economic environment in mind, the Metaverse is undoubtedly a huge emerging market with huge opportunities for growth. Many early game companies are also actively exploring the Metaverse, seeking entry strategies, and some projects are even actively led by the local government. Caduceus has been working hard to build a Metaverse Protocol that provides technical support services for Metaverse developers and creators. With the characteristics of massive computing and flexible use, enterprises can efficiently complete deployment at the lowest cost, and it will also create a convenient and easy-to-use Metaverse underlying infrastructure for more Web2 enterprises, which is very suitable for countries that are in their infancy and their local areas. Q: Tell us more about your team Tim: Caduceus has a team of seasoned professionals with deep experience in blockchain, DeFi, software development, finance, retail, music, art, media, and entertainment. We brought together all of these professionals from many fields to provide you with a deep passion for the emerging Metaverse. Q: Anything else you would like to add? Tim: The most exciting news I would like to share is that our native governance token $CMP has just been launched on Bybit, MEXC and Bitget on July 25, 2022. Users who are optimistic about the value of Caduceus, please do not miss it! $CMP is the native Token in the Caduceus Metaverse Protocol, and it is also a crucial part of the Caduceus Metaverse ecology. We can regard CMP as a value bridge connecting the real world and the virtual world. The relevant mechanism of the token will also be announced in Q3 in 2022, including the introduction of the pledge function of decentralized computing power nodes, the pledge of CMP to obtain ecological application tokens and NFT, etc., to better enrich the use value and scenarios of CMP, and form the ecological and economic closed loop of the project. In the future, our goal will be to carry out a large number of cross-industry cooperation with leading Web2 enterprises, fashion brands, film and television IP, sports/film and television stars, and artists to create popular applications of the Metaverse and create the diversified development of the Caduceus Metaverse.

Socios.com, a company dedicated to the development of fan engagement tokens for sports organizations, has revealed that it will invest $100 million in the digital business of soccer team FC Barcelona, Barca Studios. The investment will give Socios.com 24.5% of the stake in the digital division of the club and will allow it to reshape […]

The Ethereum network continues to see the largest number of monthly-active contributors at around 2,000 as of July.

A shortage of mental health services in the future could be solved with a Web3-powered mental health support network, suggests academics.