Kategorie: Crypto Business

MEXC, a leading global cryptocurrency exchange, has pledged a €100,000 donation to support relief efforts following the devastating floods that recently struck Valencia, Spain.

Heavy rainfall has caused severe flooding across parts of Spain, resulting in widespread damage to communities and infrastructure. To provide assistance to this humanitarian crisis, MEXC has mobilized resources to support affected individuals and contribute to local recovery initiatives

Managed by the MEXC Spain Team, the €100,000 donation aims to support immediate relief efforts and provide vital resources to those impacted by the disaster. These funds will assist the Spanish Red Cross in the delivery of essential aid, including food, medical supplies, and emergency shelter, alleviating the suffering of those affected by this disaster.

“Our hearts go out to all those impacted. During this challenging time, we are committed to working closely with local partners to understand how we can best support them,” said Tracy Jin, VP of MEXC.“We’re honored to stand alongside our users and the community, doing everything we can to provide a safe space where they can find relief and support as they rebuild and work to keep their loved ones safe.”

Since the onset of the crisis, the MEXC Spain team has collaborated closely with local relief organizations to ensure aid reaches where it is most needed. This initiative reaffirms MEXC’s longstanding commitment to supporting communities in times of need, exemplified by its recent efforts during the 2023 Türkiye earthquake, where MEXC contributed 1 million Turkish Lira to aid emergency responses. Partnering with local organizations, MEXC provided essential support to expedite relief efforts and address urgent needs on the ground. MEXC remains steadfast in its dedication to delivering timely, impactful assistance, strengthening resilience and solidarity in the communities it serves.

About MEXC

Founded in 2018, MEXC is dedicated to being “Your Easiest Way to Crypto.” Known for its extensive selection of trending tokens, airdrop opportunities, and low fees, MEXC serves over 30 million users across 170+ countries. With a focus on accessibility and efficiency, our advanced trading platform appeals to both new traders and seasoned investors alike. MEXC provides a seamless, secure, and rewarding gateway to the world of digital assets.

 

The post Floods in Spain: Crypto exchange MEXC donates €100,000 to support local relief and resilience appeared first on CoinJournal.

Key takeaways

• Vantard has raised over $200k in its seed round so far, and it will increase the token price in two days.
• It is the first meme coin index in the world, granting investors access to a basket of Solana-based meme coins.

What is Vantard (VTARD)?

Vantard is one of the new projects that is helping diversify the cryptocurrency market. According to the development team, Vantard (VTARD) is the world’s first meme coin index.

It will help investors take advantage of the growing $45 billion memecoin market. Per the whitepaper, VTARD holders can redeem tokens against the Treasury for their proportional percentage of the underlying assets. The team explained that Vantard will hold a portfolio of top Solana-based meme coins. 

As a meme coin index, Vantard will enable investors to broaden their cryptocurrency portfolio. Meme coins have become an important sector within the crypto space as they trade on attention and launch with fully circulating supplies, allowing fair and open market price discovery. 

With Vantard, investors can fully leverage the ‘Memecoin Supercycle’ as it delivers exciting new projects to their portfolios. The YTD (year-to-date) performance of meme coins has outshone every other crypto sector and could surge higher in the coming months. Vantard is the ideal tool for making money in the meme coin supercycle. 

Read more about the Vantard project here. 

Vantard raises over $200k in its seed round so far

Vantard raised $500k in its pre-seed funding round and has now opened the seed funding round to investors. So far, the project has raised $200k in the seed round, with investors taking advantage of the opportunity to purchase $VTARD tokens at a discount. 

Currently, $VTARD is worth $0.00011 per coin, and the price is set to increase to $0.00012 in two days. Investors can purchase the $VTARD tokens via the Vantard website using the USDC, USDT, and Ethereum coins. 

Meme coins have a combined market cap of over $40 billion, which is expected to increase in the coming months and years. However, with thousands of meme coins now available, the challenge for investors is finding the ideal ones to invest in.

Thanks to the advent of Vantard, investors don’t have to worry about finding the best meme coins to invest in. Vantard does this on their behalf, choosing the best Solana-based meme coins to add to their portfolios. Vantard exposes investors to the upside in a light-touch investment vehicle. Vantard lets users ‘Ride the Memecoin Supercycle.’

Thanks to its exposure to meme coins, Vantard could outperform other major indices in the broader financial markets in the coming months. 

Should you invest in the Vantard project?

The cryptocurrency market has already seen Bitcoin and Ethereum exchange-traded funds (ETFs). However, Vantard is setting a record by becoming the first index to track the leading meme coins on the Solana blockchain. 

Thanks to its unique value proposition, the $VTARD token could be one of the top tokens in the crypto space in the coming bullish cycle. The Vantard token trades as a reflection of the Treasury’s NAV (Net Asset Value) and can be redeemed for the assets held in it.

With the right level of adoption, $VTARD’s value could soar in the coming months and years.

The post Vantard raises $200k in seed round as investors buy more tokens appeared first on CoinJournal.

TL;DR

• The number of Bitcoin whales owning at least 1,000 BTC jumped to 1,678 early this week, reaching the highest since January 2021.
• Investors instantly scooped up Vantard’s pre-seed offering and are now eagerly awaiting the seed round.

Number of Bitcoin whales surge to the highest level since January 2021

Bitcoin has been performing well since the start of the year, and investors continue to accumulate the cryptocurrency. Data tracked by Glassnode and André Dragosch, director and head of research for Europe at Bitwise, revealed that the number of whales owning at least 1,000 BTC jumped to 1,678 early this week, reaching the highest since January 2021.

The increasing number of Bitcoin whales suggests a growing confidence in Bitcoin’s price prospects. Bitcoin’s price has increased by over 50% year-to-date, outperforming other major assets. 

What is Vantard (VTARD)?

While major cryptocurrencies like Bitcoin, Ethereum, and Solana dominate the headlines, new projects are emerging to change investors’ views of the cryptocurrency market.

This week, the project that grabbed most of the attention is Vantard, the first meme coin index in the world. Vantard’s (VTARD) launch comes at a unique period as meme coins continue to grab more market share in the crypto ecosystem.

According to their whitepaper, VTARD holders can redeem tokens against the Treasury for their proportional percentage of the underlying assets. The team explained that Vantard will hold a portfolio of top Solana-based meme coins. 

By launching a meme coin index, Vantard is offering investors the opportunity to broaden their portfolio. Meme coins have become particularly interesting in the crypto space as they trade on attention and launch with fully circulating supplies, allowing fair and open market price discovery. 

Vantard wants to make it easier for investors to take advantage of the ‘Memecoin Supercycle’ by delivering exciting new projects to their portfolios. The YTD (year-to-date) performance of meme coins has outshone every other crypto sector and could surge higher in the coming months. Simply put, Vantard is the layman’s tool for making money in the meme coin supercycle. 

Read more about the Vantard project here. 

Why should investors look into Vantard?

Vantard should be among the first projects investors consider when investing in cryptocurrencies. Year-to-date, meme coins have outperformed other aspects of the crypto space, including RWAs, Layer-2s, and EVMs. 

Meme coins have a combined market cap of over $40 billion, which is expected to increase in the coming months and years. However, with thousands of meme coins now available, the challenge for investors is finding the ideal ones to invest in.

This is where Vantard comes in. With Vantard, investors don’t have to worry about finding the best meme coins to invest in. Vantard does this on their behalf, choosing the best Solana-based meme coins to add to their portfolios. Vantard exposes investors to the upside in a light-touch investment vehicle. Vantard lets users ‘Ride the Memecoin Supercycle.’

Meme coins like WIF and Popcat have outperformed other major cryptocurrencies and assets since the start of the year. Vantard is expected to outperform other major indices in the broader financial markets in the coming months and years, thanks to its high meme coin exposure. 

Vantard prepares for the seed round

Investors are already taking notice of Vantard as its pre-seed round sold out within hours of its launch. The team is now preparing for the seed round, which will commence in less than two hours.  

The huge interest in Vantard is due to its prospect. As the first meme coin index, Vantard will allow investors to gain exposure to the leading meme coins in the crypto space without the risk of being scammed or rug-pulled.

The team is yet to release the selling price of $VTARD in the seed stage but will do so in a few hours once it goes live.  

Should you invest in the Vantard project?

The $VTARD token could be one of the top tokens in the crypto space thanks to its unique value proposition. The Vantard token trades as a reflection of the NAV (Net Asset Value) of the Treasury and can be redeemed for the assets held in it.

Investors are already leveraging this project. As the first meme coin index, Vantard could gain massive adoption, and the price of $VTARD could soar.

The post Number of Bitcoin whales surge higher, investors target Vantard appeared first on CoinJournal.

Yeeha! Games, an industry-leading gaming platform, announced an exciting strategic partnership with Tokyo-based SOMSOC GALLERY during the Token2049 conference in Singapore. The collaboration aims to merge the worlds of Web2 and Web3, with both parties launching an exclusive co-branded “HOUSEBOY” designer toy collection, marking their official entry into the designer toy industry. On the 19th, Yeeha! Games presented HOUSEBOY at the National Gallery Singapore. 

As part of this collaboration, Yeeha! Games and SOMSOC GALLERY have created a mascot ——「HOUSEBOY」, which will debut as a limited-edition SOFUBI ONEOFF designer toy. Sofubi, derived from an English term and simplified in Japanese, refers to soft vinyl toys made from flexible PVC material. Sofubi toys have a rich and long history, with the first Sofubi debuting in 1966. Over time, these toys have evolved from being merely a cultural symbol into a significant branch of art toys, including designer and collectible toys. Known for their unique designs and limited releases, Sofubi toys have grabbed the attention of collectors worldwide, making them highly sought-after and valuable. The co-branded HOUSEBOY Sofubi designer toy not only merges traditional craftsmanship with modern pop culture but also represents a new paradigm of cross-collaboration between Web3 and Web2, symbolizing the future creative convergence. 

This limited-edition designer toy features a custom paint job inspired by Yeeha! Games signature brand color scheme, making it even more desirable for collectors and fans of both designer toys and Web3 enthusiasts. 

As an industry-leading Web3 gaming platform that integrates cross-chain technology, Web3 middleware, Content Strategies and Game Distribution, Yeeha! Games connects mass users, including Web2 players, through high-quality gaming content and IPs.  One of Yeeha! Games’ key strategies is to seamlessly merge Web3 and Web2 ecosystems, a theme that resonates strongly with its participation in Token 2049. The collaboration with SOMSOC Gallery is an important attempt by Yeeha! Games in advancing this strategy. As a comprehensive art space located at the entrance to Harajuku in Tokyo, SOMSOC Gallery has been dedicated to connecting the inner universe of artists with their expressions in the real world since its establishment in 2022. Through the partnership with Yeeha! Games, SOMSOC has embarked on a journey to explore more possibilities in the Web3 world.

At the recently concluded WebX Tokyo event, SOMSOC and HOUSEBOY made their debut at Tokyo Tower alongside Yeeha!, receiving widespread recognition and admiration from the audience. Responding to requests from the community and creators, SOMSOC launched a Yeeha! exclusive Lottery Sale during this trip to Singapore. By filling out an order form, creators and users worldwide have the chance to win a one-of-a-kind physical HOUSEBOY figure.

One of Yeeha! Games’ key goals is to collaborate with leading builders and creators in the Asia-Pacific region, creating a carefully curated content hub and a rapidly growing community. Through this partnership, Yeeha! Games not only demonstrates its strategic expansion into the Web2 designer toy market but also paves the way for new possibilities in cross-industry collaboration between Web3 and Web2. 

In the future, Yeeha! Games and SOMSOC GALLERY will continue to work closely, driving the integration of art and gaming by launching more designer toy NFTs, additional artworks, and even mini-games, jointly exploring the limitless potential of the Web3 ecosystem.

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Key takeaways

• ZKB now allows its retail customers to buy, sell, and hold the two most popular digital assets: Bitcoin and Ethereum.
• Despite underwhelming market performance, Poodlana is up 26% in the last 24 hours. 

ZKB now offers retail customers BTC and ETH

Switzerland’s fourth-largest bank, ZKB, now allows its retail customers to buy, sell, and hold the two most popular digital assets: Bitcoin and Ethereum. This is possible thanks to the bank’s collaboration with Deutsche Börse-owned digital assets broker Crypto Finance.

ZKB customers can now access BTC and ETH via ZKB’s existing Mobile App, eBanking, and other established channels. Furthermore, ZKB also handles the custody of crypto-assets, a service that can be offered to other Swiss banks.

What is Poodlana?

The cryptocurrency market has been largely underwhelming recently, but some gems continue to emerge. Poodlana is one such project that has been performing excellently despite the choppy market conditions. 

Poodlana is a Solana-based meme coin that aims to introduce the glamor of high fashion to the crypto world. The project promotes the ethos of community while providing utility to users.

According to their whitepaper, the Poodlana team is leveraging the breed’s popularity in Japan, Korea, and China to build a strong community for this project.

$POODL soar 26% despite bearish market conditions

$POODL, Poodlana’s native token, is one of the best performers in the crypto market. The token is up 26% in the last 24 hours, outperforming Bitcoin and other leading cryptocurrencies.

At press time, Poodlana is trading at $0.01628. The positive performance comes just a few weeks after the team raised $8 million during its public presale. The token is now live on some leading crypto exchanges, including MEXC, BingX, and Raydium. 

Currently, only the POODL/USDT pair is live on these exchanges, but they could list more pairs, such as POODL/BTC and POODL/ETH, in the coming weeks or months. 

Should you buy POODL now?

$POODL is currently one of the market’s best performers but has the potential to soar higher. The Poodlana team is working hard to introduce utility to the project as they target a market cap of at least $1 billion. 

With its huge potential, $POODL is still operating at a discounted price, and this could be one of the best times for investors to get in on this project. 

Read more about the Poodlana project here.

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