Category: Cryptocurrency News

Cryptocurrency News and Public Mining Pools

Where can I find upcoming ICOs on Polygon or any other L2 platform?

Is there any ICO originally on Polygon (Polygon has support from Binance so transfering MATIC on Polygon chain is almost free) so I can avoid ETH gas prices? Where can I find list of projects like that? submitted by /u/asta-bre [link] [comments]

Crypto CEO threatens customers after mistakenly sending them millions

submitted by /u/thebelsnickle1991 [link] [comments]

Check and Mate: Grandmaster Magnus Carlsen to play for NFT trophy (Build on ETH)

submitted by /u/andrytail [link] [comments]

Hi Redditors! I’m giving away 110 Nano (~$500) AND sending some Nano to EVERY commenter. No strings attached!

Please read: you need a Nano_ address for us to be able to send. Get yourself a wallet. Natrium (iOS | Android) or www.nault.cc (desktop) are recommended; it takes roughly one minute to set up. It's all free. Then just post your Nano_ address in this thread. As the title says, I'm giving away Nano…
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Axie Infinity Raises $860K While Their AXS Token Rises 55% In The Last 24 Hours

The Axie Infinity team is making moves. On the one hand, they raised $860K “through a strategic sale of our governance token, AXS.” On the other, they announced an in-game decentralized exchange and their AXS increased in prize by 55% in the last 24 hours. Great numbers all around that would satisfy and attract any investor. And speaking about satisfied investors, their original backers were the people invited to Axie Infinity’s private sale. Related Reading | New To Bitcoin? Learn To Trade Crypto With The NewsBTC Trading Course Let’s digest all that part by part. Axie Infinity ‘s $860K Private Sale The terms of the “strategic sale” state the following: “Axie Infinity raised $864,000 in a private sale of AXS to strategic investors in the middle of 2020. These investors purchased AXS at a 20% discount. 20% of the private sale tokens will be unlocked during the AXS public sale. The rest of the private sale tokens will be unlocked quarterly over the next 2 years.” In the press release, they disclosed the investors: Arca Three Arrows Capital DeFiance Capital DeFi Capital Sparq Ventures Animoca Brands Hashed Dialectic as well as angel investors: Alexander John Amsel Alex Svanevik (Nansen) Bashylok Oleksander The investors seem extremely satisfied. In a recent tweet, DeFiance Capital’s Zhu Su announced Axie Infinity and their Axie Infinity Shards (AXS) are the company’s most profitable seed investment by far. “Craziest thing is at the time of the round, it was so undersubbed that many people invested just to support ecosystem without any expectation of returns,” he adds for color.  $AXS @AxieInfinity I think is now @DeFianceCapital best seed investment ever and it's not even close Craziest thing is at the time of the round, it was so undersubbed that many people invested just to support ecosystem without any expectation of returns World is unbound growth — Zhu Su 🔺 (@zhusu) October 2, 2021 The Great AXS 55% Rise According to Chinese journalist Colin Wu, “Axie Infinity is launching a decentralized exchange and its price rose 55% in 24h. However, its trading volume and active users are declining.” He also said it was “the highest increase among top50 crypto.” At the time of writing, the number has decreased a little. According to Coinmarketcap, AXS is “up 42.90% in the last 24 hours.” Axie Infinity is launching a decentralized exchange and its price rosed 55% in 24h. However, its trading volume and active users are declining. — Wu Blockchain (@WuBlockchain) October 2, 2021 The recently announced decentralized exchange will eliminate the need to leave Axie Infinity to trade tokens. “People want to acquire and use their tokens from the same place without having to use a bridge constantly,” growth lead Jeff Zirlin told The Block” That website broke the Axie Infinity meets DeFi news, saying: “The DEX could help keep users playing the game because it will remove certain frictions that exist for players who have to move their tokens off the platform to trade them. The DEX will be built on Ronin, an Ethereum-linked sidechain purpose-built for Axie Infinity.” In the “Strategic Sale” press release, they quote Defiance Capital’s Arthur0x, who said: “Axie has been building relentlessly since 2018 and we are impressed by their execution so far. Their vision of combining NFT, gaming and DeFi together is extremely exciting. We are thrilled to see Axie continue to be at the forefront of innovation in NFT gaming and DeFi space.” AXS price chart for 10/02/2021 on Gemini | Source: AXS/USD on TradingView.com Epilogue: Our Prediction Just three months ago, when NewsBTC first covered Axie Infinity, we predicted:  “In the long run, Axie Infinity could add new features to its game, a new game mode, more resources. The expansion of this universe is set to provide cryptocurrencies and blockchain technology with a real-world use case that nurtures the gaming experience.” Related Reading | Jack Dorsey Plans to Build A Decentralized Exchange For Bitcoin They did add new features, just not the ones we were expecting.  At that time, AXS was trading at $17,47. Each token is worth $111.21 nowadays. Featured Image: Axie Infinity screenshot from their press release | Charts by TradingView

The decline of RH is bullish for crypto and DeFi.

Public reports show that Robinhood is suffering right now. They are not on boarding new clients at a rate faster than older clients are leaving. First, this is because the robinhood experience is rather poor. It seems “fun” at first, but there’s no real growth, no real education, and your money tends to disappear through…
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NonceVC announces $18 Million Strategic Fund to accelerate the Growth of Crypto Companies

The buzz around the blockchain industry isn’t going down anytime soon as more use cases keep popping up in various sectors. There is a myriad of factors contributing to the push we are currently observing. One of the most significant among them is the increase in industry readiness, both from a technical and ideological perspective. With blockchain and cryptocurrency re-emerging in such a major way, it is important to also note the institutions that are propelling this change. Hence, it is no surprise that NonceVC has revealed a new commitment to developing modern blockchain solutions. Leading Blockchain Venture Capital firm NonceVC announces an $18 million strategic funds for budding web3 companies to drive mainstream crypto adoption. NonceVC is the venture arm of famed blockchain development studio NonceBlox that has significantly contributed to the growth and development of Web3 companies all around the world over the last 3 years. Accelerating Web3 Companies of the Future This fund cements NonceVC’s commitment to scale web3 dapps and create a more accessible, decentralized, and cost-effective crypto ecosystem. NonceVC aims to invest in fast-moving projects, with an initial focus on DeFi, Fintech and NFT dapps, with the goal to empower founders that are creating breakthrough applications in the blockchain ecosystem. The company based out of the British Virgin Islands already has credible web3 consulting and advisory experience, having a portfolio of over 27 web3 firms such as Defi11, VulcanForged, NiftyPays, ArcadeNet, Pacific DeFi, SinCity, Bingo, NextBloc, SolarBlox, Rise, Aimedis and 33 Numbers to name a few. Companies working with NonceVC are assured of transparency and credibility. Importantly, NonceVC doesn’t discriminate between blockchain companies based on the size as long as they are related to blockchain and cryptocurrencies and consider itself to be an equal opportunity investor. When asked what they typically look into when investing in companies, Vinshu Gupta, Co-Founder of NonceVC said – “Since we are typically investing at the earliest stages of 1-4 founders in markets that are completely uncharted, the idea will mold over time, the markets will change, but the founders they need to adapt and move forward together as a team. Persistence and Innovation is what we treasure the most” Investing In Superhumans On being asked “What is your investment thesis?” Vinshu added – “A nonce is an abbreviation for a ‘number only used once’. It’s also a metaphor for what we do. We are super selective and get associated with unique founders and ideas. “Capital is often the smallest part of what we can contribute. It’s the network effect that Nonce’s brand brings along that is usually what’s most sought after in the journey of a company. Our mission is to provide financing to early stage startups that have the teams and tech that can move the crypto space forward in an innovative, meaningful way. We’re taking a long term view of the web3 space, and believe that multiple pathways are healthy and good for the ultimate benefit of the industry” Most early-stage startups often suffer from a lack of funds, expertise or experience. Having an extensive network of sister syndicate funds, KoLs, community leaders, and marketers, NonceVC places itself as an ideal incubation partner for such startups.  

NFT for the win: Grandmaster Magnus Carlsen chases a nonfungible trophy

Ten finalists including Magnus Carlsen and Wesley So will compete for the Champion’s Trophy NFT, while a replica will be made available for auction.