Crypto project launches token to provide incentive to data suppliers

Crypto project launches token to provide incentive to data suppliers

Pyth — a crypto project built by some of the world’s largest high-speed traders — is to add a governance token to its network, in a bid to spur users to supply top-quality data to its feed of trading prices.The digital token, called PYTH, could bring its owners fees from the information they supply to … Read more

Token For New Crypto Project ‘MetaGold Rewards’ Grows By

Token For New Crypto Project 'MetaGold Rewards' Grows By

Bangkok, Thailand, Jan. 14, 2022 (GLOBE NEWSWIRE) — (via Blockchain Wire) The newly-launched cryptocurrency celebrated what they call a ‘meteoric’ launch while sharing details on what’s to come with their followers. Had you invested o$1,000 in MetaGold on its launch 15 days ago, it would now be worth over, $133,000.   MetaGold Rewards is a new crypto currency … Read more

Y-5 Token Brings the Next Big Project in The Crypto Industry to Blow in 2022

Y-5 Token Brings the Next Big Project in The Crypto Industry to Blow in 2022

Y- 5 is the only Token to reward its holders in multiple Yield Generation tokens and Binance Pegged BUSD. It is establishing a new standard in Defi Tokenomics with its game-changing Token distribution strategy.Manchester, United Kingdom, Dec. 02, 2021 (GLOBE NEWSWIRE) –Y-5 Token is the first of its kind to offer reflections from up to … Read more

Crypto Exchange Binance Launches Support for Altcoin DeFi Project, Triggering Volatile Price Movements

Crypto Exchange Binance Launches Support for Altcoin DeFi Project, Triggering Volatile Price Movements

An altcoin designed for decentralized finance (DeFi) surged 56% to a new all-time high after it launched on popular crypto exchange platform Binance. Binance says it is launching support for Rari Governance Token (RGT), the Ethereum-based governance token of Rari Capital, a DeFi platform allowing participants to borrow, lend and earn yields on cryptocurrencies. RGT’s … Read more

A crypto project that raised $60 million overnight using a dog meme saw all of that money go missing in what may have been a phishing attack | Currency News | Financial and Business News

A close-up photo of an ornamental stature of Anubis, the dog-like Egyptian god of death

The AnubisDAO project was named after the Egyptian god of death. Khym Harrison/ iStock / Getty Images Plus $60 million in ether has vanished from a fundraising effort by a cryptocurrency project, The Block reported. AnubisDAO was promoted as a protocol update for a cryptocurrency named OlympusDAO. But hours before the related token sale was … Read more

Ethereum Far Outpacing Axie Infinity and Every Crypto Project on Record With $900,000,000 30-Day Revenue Milestone

Ethereum Far Outpacing Axie Infinity and Every Crypto Project on Record With $900,000,000 30-Day Revenue Milestone

Ethereum’s (ETH) October protocol revenue is dwarfing Axie Infitinty (AXS) and other crypto protocols. Data collected by crypto metrics site Token Terminal shows that the second-largest cryptocurrency by market cap’s protocol revenue over the last 30 days reached $932.8 million.   Ethereum’s October revenue intake is more than five times that of the play-to-earn blockchain … Read more

Crypto investor says he lost 6 figures on a dog-inspired DeFi project

Crypto investor says he lost 6 figures on a dog-inspired DeFi project

Brian Nguyen says he “unexpectedly woke up” on Friday to see that he’d lost nearly $470,000 he had invested in a crypto project, he tells CNBC Make It.It’s “pretty painful,” Nguyen says.Nguyen admits that he didn’t investigate the project thoroughly prior to investing. “We, in crypto, tend to have a ‘buy first, do research later,’ mentality,” he … Read more