Kategorie: Crypto News

Daily crypto headlines and news about bitcoin, ether, ripple, solana, altcoins, nft, market, business, analysis, nft, metaverse, minting and mining.
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Yuga Labs and Magic Eden announce new Ethereum NFT marketplace to protect creator royalties

  • Yuga Labs and Magic Eden plan to launch the new Magic Eden ETH marketplace before the end of 2023.
  • The startups claim this will be the first major Ethereum marketplace “contractually obligated” to protect creator royalties.
  • Yuga Labs CEO Daniel Alegre says the new ETH marketplace is a win for the web3 ecosystem.

Yuga Labs, the Web3 startup behind the popular Bored Ape Yacht Club (BAYC), Otherside, Meebits and CryptoPunks, is partnering cross-chain NFT platform Magic Eden to launch a new Ethereum marketplace.

According to an announcement posted today on X, Yuga Labs said the collaboration with Magic Eden is for the launch of Magic Eden ETH marketplace, set to become the first Ethereum NFT marketplace to feature a contractual obligation to protect creator royalties.

The blockchain startup expects the marketplace to be live by the end of this year. 

Creators are critical to Web3

Yuga Labs and Magic Eden’s endeavour comes as the NFT space grapples with the issue of creator royalties, particularly as major marketplaces slash fees or scrap them altogether. The two startups are unequivocal about the need to respect creative entrepreneurs, stating in a press release that the issue of “creator royalties is non-negotiable.”

The BAYC creator says it will, going forward, exclusively partner with marketplaces that seek to protect creators.

“We see this partnership with Magic Eden as a win for the whole ecosystem,” Yuga Labs CEO Daniel Alegre noted.

According to him, creators are key to Web3, and without them, the ecosystem won’t thrive.

Magic Eden CEO and co-founder, Jack Lu said:

“Right now, it’s a priority to provide creatives with the support they deserve with creator royalty programs. In collaboration with Yuga Labs, we’re set to develop an Ethereum marketplace that resets the standard for royalty allocation and are hopeful this action will reverberate throughout the ecosystem.”

The post Yuga Labs and Magic Eden announce new Ethereum NFT marketplace to protect creator royalties appeared first on CoinJournal.

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Bitcoin May Be The Biggest Crypto, But Is This The Best?

Bitcoin (BTC) has long been the most recognizable and dominant player in the cryptocurrency world. BTC started it all and has consistently maintained its position as the gold standard. As the crypto universe expands, new competitors emerge, each with a unique proposition. Among these rising stars is InQubeta (QUBE), an AI-powered cryptocurrency that reve­rberates with possibility and innovation. But can InQubeta truly reign supreme as the best in the crypto space?

InQubeta has revolutionized the cryptocurrency industry with innovative­ features, such as its deflationary mode­l. Its NFT marketplace has gained re­cognition among influential figures searching for ne­w DeFi crypto to inve­st in for substantial returns. Many crypto analysts are forecasting that InQube­ta will lead the next bull run due­ to its aim of bridging the gap between AI startups and investors.

This article explores Bitcoin’s dominance and why InQubeta could claim the title of the best crypto.

InQubeta (QUBE): Pioneering DeFi crypto with potential for the best ROI

InQubeta, a new DeFi crypto, is making waves as the first crowdfunding platform in the crypto market that promises high returns. Despite Bitcoin’s dominance, InQube­ta shines as the best potential crypto choice by enabling fractional investment in AI-based startups, all facilitated by QUBE tokens. These tokens operate on the Ethereum blockchain, leveraging its robust technology to create a secure and seamless investment ecosystem for startups and investors.

The brilliance­ of the platform as the best prospe­ct in crypto lies in its ability to mint each investme­nt opportunity as an NFT and then fractionalize it. This means you can invest in a way that suits your budget while enjoying the benefits of being an early supporter. The platform’s tre­nding NFT marketplace takes it further by empowering AI startups to raise funds and offer enticing rewards and equity-based digital assets. Conversely, QUBE token holders can easily invest in the projects they believe in, establishing a unique ecosystem that be­nefits all parties involved.

QUBE exce­ls in the crypto market as the potential ultimate­ choice due to its nature as a de­flationary ERC20 token. This unique deflationary mechanism offers a valuable investme­nt opportunity for crypto enthusiasts seeking the best crypto investment platform to dive­rsify their portfolios. By imposing a 2% buy and sell tax for a burning wallet and a 5% buy and sell tax for a dedicated reward pool, QUBE e­nables holders to earn re­wards through token staking. This feature makes it particularly appealing to investors who recognize the growth potential of AI technology startups.

The QUBE toke­n, serving as a governance toke­n, helps position it as one of the best crypto investme­nt platforms. As a governance token, InQubeta gives its holders a say in the decision-making processes of the platform. 

QUBE holders can propose, discuss, and vote on various aspects of the platform’s development, operation, and future direction. With the increasing participation of investors and startups in the InQube­ta platform, the demand for QUBE is expected to surge, potentially driving up the token’s value over time. 

By holding and staking QUBE tokens, investors not only position themselves for potential price appreciation but also receive rewards from the dedicated reward pool.

Bitcoin (BTC): A potential game-changer for cryptocurrency

As the first cryptocurre­ncy, Bitcoin wields a substantial influence over the crypto market. With BTC breaching the $35K threshold, its trajectory could significantly shift, potentially reaching $64K by the end of 2023, as suggested by historical chart patterns. This optimistic outlook permeates the broader crypto market, propelling altcoins into a bullish ascent.

Historical data highlights November as a pivotal month for Bitcoin, with gains second only to April. The fourth quarter (Q4) is renowned for yielding the most substantial returns, heightening the anticipation for this upcoming month. Boasting a note­worthy track record, November promises an exhilarating journey for BTC enthusiasts.

Conclusion

Bitcoin paved the way in the crypto space, but InQubeta is poised to become the best choice for investors and enthusiasts. With its trending NFT marketplace, de­flationary mechanism, and governance toke­n, InQubeta is revolutionizing the AI se­ctor. Now in its fourth stage, the ongoing presale­ offers an unparalleled opportunity to join the platform. Investors can acquire the QUBE toke­n using major cryptocurrencies such as ETH, BTC, and USDT.

Visit InQubeta Presale 

Join The InQubeta Communities

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Derivatives DEX platform Derivio launches mainnet on zkSync Era

  • Derivio, a Binance Labs incubated decentralised derivatives exchange, announced its mainnet is live on the zkSync Era.
  • zkSync Era is an Ethereum Layer 2 scaling solution.
  • Users have a chance to trade perpetuals and options on more than 20 markets.

Derivio, a decentralised derivatives exchange built on the Ethereum Layer 2 scaling solution zkSync Era, has launched its mainnet, according to an announcement.

The Binance Labs-incubated DEX platform seeks to carve a share of the DeFi market by bringing the benefits of on-chain derivatives trading to users. Its infrastructure leverages zkSync Era features such as fast transactions, low gas fees and account abstraction to allow for greater adoption of derivatives.

“We’re excited to announce that Derivio’s mainnet beta is now live at derivio.xyz! Users can trade perpetuals & options with more than 20 different markets, provide liquidity and earn high organic risk-adjusted DeFi yield on @zksync Era,” the platform posted on X.

In addition to supporting perps and options trading on multiple markets, Derivio offers access to real yield for liquidity providers. 

Institutions and builders can also tap into the key features of decentralisation and modularity for their hybrid order book protocols or derivatives vaults. 

As part of the launch and to incentivise further adoption, Derivio plans to introduce several mainnet events, including trading competitions and retroactive incentives.

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Voyager Token (VGX) soars after a 30% token supply burn

  • VGX surges 20% post-30% token burn.
  • 52 million VGX tokens were sent to a burn address.
  • The burn event comes as Voyager manoeuvres its Chapter 11 bankruptcy.

In a surprising turn of events, the native token of Voyager Digital, Voyager Token (VGX), witnessed a remarkable surge in its price, gaining 20% in value, following the transfer of 52 million tokens to a burn address.

The VGX token price had however started going down, at press time as seen in the chart below.

VGX token price chart

 

30% of VGX token supply bunt

On-chain data from Etherscan shows that the wallet in question is linked to Voyager and was named “Voyager 1.” It had remained dormant for 225 days.

This wallet suddenly came to life, initiating a test transaction of 123.45 tokens before proceeding to transfer a larger batch valued at $7.3 million.

This substantial transfer was directed towards a burn address, a cryptocurrency wallet where tokens are rendered inaccessible, essentially eliminating them from circulation.

Voyager’s troubled past

Voyager Digital’s recent history has been marked by turbulence, with the company filing for bankruptcy following the collapse of FTX, a cryptocurrency exchange that was in discussions to acquire Voyager before its abrupt implosion. The repercussions of FTX’s troubles extended across the cryptocurrency market, leading to a widespread downturn.

It remains unclear why Voyager decided to send such a significant portion of VGX tokens to a burn address. However, this move could have multiple implications in the crypto space.

Token burns are often employed to reduce the total supply of a cryptocurrency, creating a sense of scarcity and, in turn, potentially bolstering the value of the remaining tokens in circulation. The market’s response to this event was notably positive, with VGX witnessing a 20% price increase, reflecting investor optimism regarding the potential value appreciation due to the reduced supply.

Voyager Digital had earlier announced that it intended to liquidate assets in relation to its ongoing financial difficulties and its strategy to manage assets and liabilities within the context of its bankruptcy proceedings.

The post Voyager Token (VGX) soars after a 30% token supply burn appeared first on CoinJournal.

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Shiba Memu’s presale nears $4.5m: Should you invest in the project now?

Key takeaways

  • Shiba Memu’s presale is now closing in on the $4.5 million mark.

  • Bitcoin is trading close to the $35k level once again as bulls continue to stay in charge. 

The cryptocurrency market has been in a bullish mode over the last two weeks, with Bitcoin and other altcoins rallying higher. Shiba Memu’s presale continues to push forward, with more than $4.3 million raised so far. 

Bitcoin targets $35k

Bitcoin, the world’s leading cryptocurrency by market cap, is up by less than 1% in the last 24 hours. At press time, the price of Bitcoin stands at $34,796 per coin. The broader market has been performing excellently over the last two weeks. 

The total cryptocurrency market cap is now above the $1.2 trillion mark. Altcoins have also been rallying over the last couple of days. 

What is Shiba Memu?

The broader cryptocurrency market has been rallying over the last few days, and Shiba Memu’s presale has also attained new milestones. The project is now approaching an important milestone and could be achieved over the next few hours or days. 

Shiba Memu is a meme token project that wants to help individuals and entities handle marketing campaigns. Shiba Memu will leverage blockchain and AI to offer marketing services to users.

Currently, the project is still in its presale stage, and investors have already poured in millions of dollars. Shiba Memu has now raised nearly $4.4 million. 

According to the team, Shiba Memu will leverage blockchain and AI to develop an unstoppable, entirely self-sufficient marketing powerhouse. With this platform, users can carry out a wide range of marketing activities. 

As an AI-powered platform, Shiba Memu will be active 24/7. Furthermore, the platform can identify ideal creative scenarios and develop excellent marketing campaigns for users.

Shiba Memu is launching as a meme token to take advantage of the hype around meme projects. Meme coins have become important in the crypto industry, growing from a market cap of $0 in 2019 to $35 billion in 2023. 

Shiba Memu is offering utility to users, making it a better alternative to some of the thousands of meme coins available. The Shiba Memu AI technology will help users develop their marketing strategies, write their PRs, and promote their services and products on relevant forums and various social media platforms. Currently, the project is available on the BNBChain and Ethereum blockchains. 

Shiba Memu’s presale nears $4.5 million

The broader crypto market has been bullish over the last two weeks thanks to spot Bitcoin ETF optimism. Investment in Shiba Memu continues to increase as more investors troop in. 

The project has raised $4.359 million so far. At this rate, Shiba Memu could hit the $4.5 million mark soon. The team will use the funds to develop its AI technology and a suite of other products. 

Click here to find out more about Shiba Memu’s presale event. 

Should you invest in Shiba Memu now?

Shiba Memu could be an excellent project thanks to its unique approach to the market. The token could gain massive adoption over the coming months or years, and that could see its price soar higher. 

The platform helps users to handle marketing campaigns with ease. Its SHMU token could rally higher in the coming months and years following its listing on cryptocurrency exchanges. 

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