Connect with us
[crypto-donation-box]

Blockchain

Crypto Trader Elliot Wainman Says This Low-Cap Crypto Asset Built on Ethereum Could Be the Next Big Moonshot

Republished by Plato

Published

on

Crypto influencer and trader Elliot Wainman is bullish on a low-cap altcoin that is combining the advantages of decentralized finance (DeFi) and non-fungible tokens (NFTs).

In a new YouTube video, the trader tells his 260,000 subscribers that KIRA Network (KEX) has the potential to grow exponentially as the DeFi and NFT sectors continue to gain traction.

KIRA allows users to earn rewards by staking digital assets while still maintaining full liquidity and custody over those funds while doing so. Users can stake cryptocurrencies, digital fiat and non-fungible tokens (NFTs).

ADVERTISEMENT


Explains Wainman,

“You don’t have to sell [your assets] or liquidate them to access the value of them… They’re even saying you can take out these assets, use them with leverage here. You can see that they’re really feeding into the DeFi narrative here and we all know derivatives and getting into that world is a ton of value that you can capture.”

The analyst highlights that the project is also working to deploy a unique method of maintaining security on the network.

“They have a really interesting consensus model called multi-bonded proof-of-stake (PoS) which essentially, this is what secures the KIRA network which is its own cross-chain network…”

Wainman also notes that the project aims to integrate with multiple blockchains, helping it compete with those similar projects attempting to free up staked liquidity like RAMP and Stafi, which may currently have larger market caps and awareness than KIRA.

“One of the core things you should know here is that KIRA is integrated with Ethereum, Polkadot, Binance Smart Chain and Cosmos. This… really says a lot about the aggressiveness in which they’re pushing the cross-chain integration of their liquid staking.”

Although KEX was up roughly 50% on the day Wainman published his video and is now currently up 250.7% in the past seven days, Wainman says he remains interested in the project and is bullish on more than just an immediate change in the charts.

“I was always planning to do this segment, I just wanted [KEX] to cool out, but unfortunately, the quality of this project is being recognized. The cat’s a little bit out of the bag, and I figured, ‘Hey, it’s now or never.’ Because I think this thing fits into a lot of really interesting narratives.” 

l

Don’t Miss a Beat – Subscribe to get crypto email alerts delivered directly to your inbox

Follow us on Twitter, Facebook and Telegram

ADVERTISEMENT


Check Latest News Headlines

ADVERTISEMENT

Disclaimer: Opinions expressed at The Daily Hodl are not investment advice. Investors should do their due diligence before making any high-risk investments in Bitcoin, cryptocurrency or digital assets. Please be advised that your transfers and trades are at your own risk, and any loses you may incur are your responsibility. The Daily Hodl does not recommend the buying or selling of any cryptocurrencies or digital assets, nor is The Daily Hodl an investment advisor. Please note that The Daily Hodl participates in affiliate marketing.

Featured Image: Shutterstock/GandeDuc

Source: https://dailyhodl.com/2021/02/19/crypto-trader-elliot-wainman-says-this-low-cap-crypto-asset-built-on-ethereum-could-be-the-next-big-moonshot/

Blockchain

Ethernity Chain Immortalizes Tony Hawk’s Last 540 Skate Trick With NFT

Republished by Plato

Published

on

[Press Release – Los Angeles, California, 12th May, 2021]

Iconic skater Tony Hawk will soon have his own NFT thanks to the Ethernity Chain platform. The new NFT collection will launch on Wednesday May 12 at 12PM ET and be available for 24 hours.

Hawk recently performed what he insists will be HIS last ever “540” skate trick, and the moment in time will be preserved for eternity as an authenticated NFT (aNFT). The winning bidder will also receive the actual skateboard and shoes used in the final trick.

The legendary skater’s last ever 540 constitutes just part of a coveted collection co-created by influential digital artist Ondrej Zunka, a boyhood fan of Hawk.

“Birdman” will also provide one of his own skateboards, modeled after the inverted handstand and represented as an aNFT. Ethernity plans to raffle the skateboard randomly to a buyer of the aNFT.

The collection is completed by Graffiti Wall, a colorful artwork featuring contributions from skating enthusiasts in the form of messages, drawings and slogans etched on a blank canvas.

“I spend a lot of time around skateparks and there’s always a lot of graffiti everywhere, so I made this public Graffiti Wall inviting friends, family and the public to add a note to Tony,” said Zunka.

“I’ve created a texture from all of these messages and projected them onto the ramps, so whoever participated is now part of these two NFTs.”

Ethernity, which is committed to bringing legendary figures, real world collectibles, and fan engagement to blockchain, recently released aNFTs of Muhammad Ali, Pelé and baseball star Fernando Tatlis Jr. As with Hawk’s collection, each auction also included physical collectibles such as custom baseball bats and gloves worn by the boxer.

About Ethernity

Ethernity is exploring applications for non-fungible tokens (NFTs) within the context of art and philanthropy. It provides a way for celebrities and public figures to endorse digital artwork created by renowned artists. Anyone can purchase each limited edition artwork, with a portion of the proceeds going to charitable causes that the celebrity supports. Ethernity was founded by early Bitcoin investor and NFT innovator Nick Rose Ntertsas.

Learn more: http://ethernity.io/

SPECIAL OFFER (Sponsored)

Binance Futures 50 USDT FREE Voucher: Use this link to register & get 10% off fees and 50 USDT when trading 500 USDT (limited offer).

PrimeXBT Special Offer: Use this link to register & enter POTATO50 code to get 50% free bonus on any deposit up to 1 BTC.


Coinsmart. Beste Bitcoin-Börse in Europa
Source: https://cryptopotato.com/ethernity-chain-immortalizes-tony-hawks-last-540-skate-trick-with-nft/

Continue Reading

Blockchain

BitMEX Executives to Face Trial in March 2022

Republished by Plato

Published

on

The executives of the derivatives trading platform – BitMEX – will face trial in March next year. The money laundering case will come 18 months after charges were first filed. The former members of BitMEX can face up to 5 years in prison and a $250,000 fine if found guilty.

The Trio Heads to Trial

Last year, US officials accused the CEO of the company Arthur Hayes, the co-founder Benjamin Delo, and the chief technology officer Samuel Reed of violating the Bank Secrecy Act. Moreover, the members of BitMEX were served with money-laundering charges.

On May 11th – 18 months after the first accusations against them – New York District Judge John Koeltl set the trial date for March 28th, 2022. Furthermore, Gregory Dwyer – BitMEX’s head of business development – also faces charges but will appear in court separately.

Even though the company’s headquarters are in the Seychelles, the US Department of Justice accused BitMEX of failing to apply anti-money laundering procedures while doing business with US-based customers.

Interestingly enough, the ex-CEO of BitMEX – Arthur Hayes – said that the exotic island was a more convenient place for business as it was much easier to bribe Seychelles’ authorities rather than the US ones. The former executives of the cryptocurrency exchange could face a maximum of five years in prison and a $250,000 fine.


ADVERTISEMENT

Where Was Arthur Hayes?

Attorney Jessica Greenwood told the court that Hayes has ”discussed a surrender date of April 6th, 2021 in Hawaii.” She added that ”the plan is to notify the Court in advance of that appearance and discuss logistics” around his submission.

As CryptoPotato reported, even after his remote announcement Hayes continued to reside abroad and explained that he would only visit the United States whenever has to face the trial in New York.

In the end, the former BitMEX CEO indeed turned himself in on April 6th, 2021. However, the officials released him on a $10 million bond pending the future court process.

SPECIAL OFFER (Sponsored)

Binance Futures 50 USDT FREE Voucher: Use this link to register & get 10% off fees and 50 USDT when trading 500 USDT (limited offer).

PrimeXBT Special Offer: Use this link to register & enter POTATO50 code to get 50% free bonus on any deposit up to 1 BTC.

You Might Also Like:


Coinsmart. Beste Bitcoin-Börse in Europa
Source: https://cryptopotato.com/bitmex-executives-to-face-trial-in-march-2022/

Continue Reading

Blockchain

dotmoovs Raises $840,000 From Strategic Investors and Partners

Republished by Plato

Published

on

[Press Release – Tallinn, Estonia, 12th May, 2021]

dotmoovs, an NFT platform powered by advanced computer vision algorithms has successfully completed a private funding round of $840,000 from notable investors. Amongst the investors are Moonrock Capital, Morningstar Ventures, Spark Digital Capital, Ascensive Assets, Rarestone, Building Blocks, MarketAcross, AU21 and GBV Capital.

The sports industry needs a solution for giving everyone a real chance to earn from their skills. dotmoovs is designed to bridge the gap between physical and geographic limitations, assessment of skill and finally – monetisation. Our vision is to build a powerful sports platform where everyone can challenge their friends or any other similar skilled players in the World for a challenge in their favourite sport.

“We are proud to have such notable investors joining us in building the first crypto mobile worldwide sports competitive environment. We know they can boost our growth and provide industry specific insight and knowledge which will be a deciding factor for us” said Ricardo Martins Costa, head of growth of dotmoovs.

“Our vision is a robust platform powered by blockchain and a state-of-the-art AI system that can analyse videos of players performing sports challenges in real-time” Ricardo adds.

“Moonrock Capital and Morningstar Ventures have come together to assist in incubating and bringing the dotmoovs project together. We are grateful and honored by the trust shown by dotmoovs’ team to become their official incubators and lead investors. Working closely with the team for some time now, we are highly impressed with their professionalism, expertise, and what they’ve developed so far. We are very excited to see this ambitious and revolutionary project come to life – combining sports, blockchain, and NFTs with dotmoovs’ vision of growth. The level of their supporting technology is not something we see every day. For these reasons, we are thrilled to be a part of dotmoovs’ journey and helping them achieve their vision.” said Simon Dedic, Managing Partner Moonrock Capital, and Danilo Carlucci, CIO Morningstar Ventures.

About dotmoovs

dotmoovs is the first crypto mobile worldwide competitive environment. The platforms allow users to compete with others around the world just by bringing their skills, ambition, and smartphone. dotmoov’s AI-based video referee will assess their performance in real-time. Powered by blockchain technology, sport competition will enable fair challenges and access to unique digital assets.

Website | Twitter | Telegram | Telegram Announcements

SPECIAL OFFER (Sponsored)

Binance Futures 50 USDT FREE Voucher: Use this link to register & get 10% off fees and 50 USDT when trading 500 USDT (limited offer).

PrimeXBT Special Offer: Use this link to register & enter POTATO50 code to get 50% free bonus on any deposit up to 1 BTC.


Coinsmart. Beste Bitcoin-Börse in Europa
Source: https://cryptopotato.com/dotmoovs-raises-840000-from-strategic-investors-and-partners/

Continue Reading
Blockchain4 days ago

Ray Dalio’s Bridgewater CFO leaves to work on Bitcoin full-time

Blockchain4 days ago

Ethereum price closes in on $4K as Shiba Inu (SHIB) steals Dogecoin’s thunder

Blockchain4 days ago

CFO of World’s Largest Hedge Fund Joins Institutional Bitcoin Firm NYDIG

Blockchain4 days ago

Ethereum (ETH) Hits $3800 ATH As Coinbase Premium Shoots With Institutional Interest

Blockchain4 days ago

Analyst who predicted ETH to reach mid-$3K now says $10K the next destination

Blockchain4 days ago

Legendary Pelé NFT Set to Drop on Ethernity May 8

Blockchain4 days ago

Why Andre Cronje Believes DOGE Is Good For Crypto

Blockchain4 days ago

Crypto Banter Will Give Away Over $500K To 10 Eligible Community Members

Blockchain4 days ago

Dogecoin Plummets 30% From Highs Following Elon Musk’s SNL Appearance 

Blockchain5 days ago

Crypto staking platform provider Moonstake adds support for IOST

Blockchain5 days ago

JOSÉ FONTE AND EDER BECOME THE FIRST FOOTBALLERS IN THE WORLD TO LAUNCH NFTs

Blockchain4 days ago

XRP, Dogecoin, Cardano Price analysis: 08 May

Blockchain4 days ago

GBTC discount presents a unique challenge for Grayscale and investors

Blockchain4 days ago

What Edward Snowden Thinks “Dragon Level” Wealth Will Do To Bitcoin

Blockchain4 days ago

Dogecoin dumps following mention from Elon Musk on Saturday Night Live

Blockchain5 days ago

Bridgewater Associates CFO heads to Bitcoin-focused firm

Blockchain4 days ago

Bank of England Governor Andrew Bailey is Giving Crypto a Thumbs Down — Here’s Why

Blockchain5 days ago

BSCTrades Introduces Limit Order Tool and Token Launch Snipper

Blockchain3 days ago

yieldly-announces-ido

Blockchain4 days ago

Next-Generation Blockchains Providing Scalable Solutions

Trending