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02/16/2022

SHIB token price could dissolve to 15% anytime from now.
Shiba Inu can invalidate the 15% decline if it records a price of $0.00003057.
Traders’ buying behavior can also be a fact to invalidate the decline.
Shiba Inu (SHIB) may perform market correction to almost 15% — meaning SHIB will retrace from its current price of $0.00003042 downward if the crypto fails to maintain its market performance.

The suggested 15% decline follows Shiba Inu’s rally at the beginning of February. To note, the SHIB price reversal in February is said to be the new unseen pillar that will facilitate the forecasted Shiba Inu’s 15% correction, as reported by Fxstreet.com.

TradingView: SHIB/USD Chart

For Shiba Inu to invalidate the 15% downtrend, it has to go bullish to a certain height and record a price of $0.0000342. By doing this, the crypto will gain strength to overcome the bearish market. In addition, this will substantially push SHIB ahead to start a new price upsurge.

At the time of writing, Shiba Inu’s price is $0.00003057 with a 24-hour volume of almost $1.6 billion, based on CoinMarketCap data. Also, the SHIB token has a growth rate of 0.25%. These statistics rank Shiba Inu as the 14th largest cryptocurrency in the world.

Lastly, traders’ buying behavior can be a factor to invalidate SHIB’s 15% decline. In other words, if traders continue to accumulate more SHIB tokens rather than sell, Shiba Inu will survive the projected bearish market.

Disclaimer: The views and opinions expressed in this article are solely the author’s and do not necessarily reflect the views of CoinQuora. No information in this article should be interpreted as investment advice. CoinQuora encourages all users to do their own research before investing in cryptocurrencies.

02/16/2022

Bloomberg) --

Global financial regulators said digital assets could soon threaten global financial stability due to their scale, structural vulnerabilities and increasing interconnectedness with the traditional financial system.

Areas of concern include the use of leverage, technological fragilities and liquidity shortages, according to a report Wednesday by the Financial Stability Board. The report also noted concerns such as low levels of investor and consumer understanding of cryptoassets, plus risks of money laundering, cyber-crime and ransomware.

The rapid evolution and international nature of such assets means authorities should consider “timely and preemptive evaluation of possible policy responses,” the report said. That includes prioritizing cross-border and cross-sectoral cooperation, including speedier information sharing in order to keep pace with crypto-asset developments.

The note of caution is an evolution from the FSB’s previous report published in 2018, which concluded at the time that cryptoassets did not “pose a material risk to global financial stability”. The FSB said then that regulators would continue to monitor the asset class on an ongoing basis given “the speed of developments and the existence of data gaps.”

The FSB is composed of representatives from authorities including the European Central Bank, Bank of England and Federal Reserve.

©2022 Bloomberg L.P.

02/14/2022

The hackathon will include workshops, presentations, and a prize pool of $15,000.
Polkadot has prepared two events– virtual and in-person– to give entrants a chance to win a share of the prize pool.
Polkadot is holding its largest Ethereum hackathon at ETHDenver from February 11 to 20. The hackathon will include workshops, presentations, and a prize pool of $15,000.

Named BuiDLathon, the event invites the community to pitch and develop new parachains for their chance to win a share of the $15,000 prize pool. The amount will be split 50/50 between the in-person and virtual portions of the hackathon.

Polkadot has prepared a virtual and in-person event for the hackathon.

The in-person event is called ‘Pitch the Next Polkadot Parachain’, which involves a team creating a pitch deck with 15 slides maximum. It should present what a future Polkadot parachain could do and what problems it solves. In addition, it must be presented in a high-level fashion with solid technical overviews and a roadmap for the project’s future.

On the other hand, the virtual event is called ‘Build a Polkadot Parachain Using Substrate’. This involves entrants building a Layer-1 blockchain using Substrate. The entrants must consider its usefulness, accessibility, and other important details.

Interested applicants can view the submission guidelines here, alongside further information on rules and judging criteria.

Web3 Foundation’s (W3F) Developer Relations Partnerships Lead Urban Osvald shared their thrill in returning to ETHDenver.

We have over twenty hours of Polkadot content, from in-depth Substrate workshops led by Parity core engineers to dozens of ecosystem projects showcasing their tech in presentations, workshops, and panel discussions. I’m confident that this year ETHDenver will be a splashing success!
The hackathon will have mentors and judges, meet and greet opportunitie

02/10/2022

Sports and esports fans will soon see more crypto ads during games as Terra has partnered up with the Washington Nationals MLB team and crypto exchange Bitstamp is now partnered with esports organization Immortals.

Terra (LUNA) is the 10th largest cryptocurrency by market cap and the blockchain that produces the UST stablecoin. The project is governed by a decentralized autonomous organization (DAO), which is now an official partner of the Washington Nationals.

02/08/2022

Binance, the world’s leading blockchain ecosystem and cryptocurrency infrastructure provider, has announced the signing of a Memorandum of Understanding to build a strategic partnership with YG Entertainment Inc. (YG), one of South Korea’s leading multinational entertainment corporations.

As part of the strategic partnership, Binance and YG will cooperate on a range of blockchain projects, including collaborations in the NFT space. Binance will provide the NFT platform and technology infrastructure while YG will supply NFT content and gaming assets.

The two companies also have plans to develop Binance Smart Chain-based games, collaborate on building the Metaverse, and actively pursue various digital asset opportunities to develop unique experiences and services for fans.

It is expected that the partnership between Binance and YG will create positive synergies between the two firms. A number of world-renowned Kpop stars are managed by YG, including Big Bang, Blackpink, Winner, iKon, AKMU, and Treasure. YG has immense potential to develop digital assets, including NFTs, using their intellectual property (IP) rights in a wide range of business fields.

NFT, which stands for non-fungible token, is a one-of-a-kind digital token that allows artists to share their content in a unique way. The growth of NFT is paving the way for a change in the paradigm of the music and Kpop industry by serving more than just a consumption purpose for fans.

Kpop has been at the forefront of the Korean Wave, attracting millions of fans around the globe. It is expected that the MoU with Binance will allow YG to more actively extend its growth in the NFT market.

Binance NFT is a multichain platform that uses the PoSA (Proof of Staked Authority) network, a consensus agreement protocol that is more eco-friendly and energy-efficient than Bitcoin. Creating NFTs in an eco-friendly way is one of the considerations that Binance and YG emphasize during the collaboration.

Bo Kyung Hwang, Chief Executive Officer (CEO) at YG, said:

"As a Kpop leader, we plan to steadily build an innovative and eco-friendly NFT ecosystem. Collaboration with Binance has provided an opportunity for YG to secure royalties and business opportunities for rare and valuable content. We also hope that it could further strengthen the bond between fans and artists." Helen Hai, Global Head of Binance NFT, said:

"YG is one of the most well-known global entertainment corporations in the world. Both Binance and YG will strive to further build their leadership in their respective fields. Now that the two companies have joined forces, we can expect to see a strong cooperative relationship being forged. We hope that this will support the development of the global blockchain ecosystem, and bring further mainstream adoption of new assets, such as NFTs, to a new user base." Helen added:

02/08/2022

Klaytn, a public blockchain platform developed by internet giant Kakao Corp(KRX: 035720), has signed 5 key partnership deals to pursue its global expansion plans. Its mandate for 2022 is to be the blockchain of choice gaming and metaverse projects, while pursuing continued integration with the defi ecosystem.

Released in 2019, Klaytn is the dominant blockchain in Korea, having secured the Central Bank Digital Currency (CBDC) project with the Bank of Korea. Klaytn is also integrated with super app KakaoTalk via its crypto wallet Klip, and accessible to the 45 million KakaoTalk users in the country.

Since its international launch in August 2021, Klaytn has signed 5 strategic partnership agreements with the following companies:

Japanese tech giant GMO Internet Group to explore blockchain use cases on Klaytn, including a JPY-pegged stablecoin
Indonesia’s Innovation Factory, the digitalisation arm of Salim Group, to explore blockchain-based applications, including asset management solutions, supply chain traceability as well as NFT use in gaming and entertainment
Asian NFT marketplace East NFT, to harness the global LGBTQ crypto economy with NFTs based on Y Series content and to widen the horizon through collaborations with the world’s largest partners in the art, music and entertainment space
US-based entertainment group Animal Concerts to mint NFTs for A-list celebrities, starting with an NFT auction for a household name artiste in Q1 2022
Global fintech accelerator F10 to create an incubation program for blockchain startups in Singapore
"We have built tremendous momentum over the past 3 months and are well positioned to ride the metaverse wave in 2022. These strategic partnerships in Japan, Indonesia, Thailand, US, and Singapore are core components of our international expansion roadmap. More partnerships with leading gaming companies are in the pipeline," says David Shin, head of global adoption at Klaytn Foundation.

01/31/2022

The crypto space continues to develop its technology in order to provide more amazing experiences to all its users. This time, Uquid.com, an e-commerce platform that has more than 2 million physical products, including Women’s Fashion, and Men’s Fashion, to name a few, is integrating its technology with Binance Pay.

The partnership between Uquid.com and Binance Pay will enable users of both platforms to purchase over 40 crypto tokens with no fees. Through this, customers of the Uquid.com platform can enjoy shopping with crypto assets as their mode of payment without thinking about any fees. Indeed, this event brings joy to all the Uquid.com platform and Binance Pay supporters.

The Uquid marketplace is known for its DeFi and e-commerce platform that accepts a hundred tokens to carry out the payment solution on the Ethereum blockchain. Also, the network is said to be open to integrating its system with other blockchains to expand its DeFi shopping network reach in the future.

Uquid introduced “Buy Now and Pay later by Crypto” as well. It is a concept similar to other successful BNPL models in the fiat world like Afterpay or Klarna. Uquid Pay will allow users to split payments flexibly into 3 installments within 3 months without paying any additional fees.

What is more, Uquid is a pioneer in helping its global customers enjoy a Web 3.0 shopping experience. Through this, the network users can enjoy the benefits of smarter shopping such as shopping mining, staking points, or earning rewards and token airdrops from merchants by simply connecting their wallet addresses.

On the other hand, the Uquid network aims to increase the number of its physical products to over 5 million in 2022. In addition, it also seeks to expand its DeFi payment solution on networks such as Cardano and Binance Smart Chain. On top of that, Uquid is eyeing the technology of Metaverse in order to bring a new level of shopping experience to all its online customers around the world.

01/26/2022

P2E gaming is revolutionizing the way online gaming works.
Blockchain technology provides new avenues for earnings as well as security when gaming, e.g., Fairspin.
In the next five years, “90% of the gaming market could be P2E” predicts Reddit CEO
Play-to-earn is the concept of playing a game and obtaining digital assets in the process. These assets are in the form of tokens or non-fungible tokens (NFTs). These digital assets can be monetized in the form of selling and trading in-game. A dedicated Marketplace is often involved to trade these items with other players.

Axie Infinity, for example, is a game that presents you with unique monsters to put into battle. These monsters can be sold and traded to other people with the price depending on the rarity. In Decentraland, players can buy and sell virtual plots. Recently, a plot of land was sold for $2.4 million in this game.

Fairspin is another example. It is an online gambling platform that provides you with earnings by playing through its games. Fairspin is an interesting example because it is based on the blockchain and issues complete transparency. On that note, play-to-earn has also revolutionized the world of online gambling. Let’s look back to Fairspin again.

Fairspin’s play-to-earn model comes from gambling and bets earnings synergies. Players receive tokenized rakeback for every bet and the rewards depend on the bet size and game category. These games include slots, board games, and live games.

Tokenized rakeback also means that earnings are credited automatically after the bet is done at Fairspin. After only a few months, Fairpin’s Play To Earn program resulted in players receiving 29,287,214 TFS. Besides P2E, Fairspin also features another program: Hold To Earn. This is when players place their tokens into holding, allowing them to gain some of the platform’s income.

01/19/2022

BeamSwap, built on the Moonbeam Network, is a decentralized finance (DeFi) Hub and the inaugural decentralized exchange (DEX) with an automated market maker (AMM), offering liquidity and peer-to-peer (P2P) transactions. Simply put, Beamswap looks to become the main DeFi Hub on Moonbeam, as it is able to provide a wide variety of useful services and features that can be utilised by all kinds of investors and traders.

Why choose Moonbeam?

There are several reasons as to why Beamswap has chosen Moonbeam. Firstly, it has to do with a sizable amount of funds being generated and most contributions for a Polkadot parachain being involved as well. Moreover, it combines the ease of usage of Ethereum with the strength of Polkadot, in addition to facilitating transition from various other EVM (Ethereum Virtual Machine) chains in a seamless fashion.

Furthermore, Beamswap holds the first-movers advantage and the involvement with Moonbeam includes full compatibility with tools that users are already acquainted with and utilise on a regular basis, such as Metamask, Hardhat, Remix, and more. Another reason for selecting the Moonbeam Network has to do with the integrations across many chains as well as on-chain governance along with improved scalability and relatively low gas and transaction fees.

$GLINT

Beamswap is powered by GLINT, a token which can be staked in order to receive a part of the decentralized exchange fees and can also be utilised for governance purposes and taking part in key decisions. Participation through the launchpad projects is additionally possible and by doing so the users can increase their respective allocation through GLINT. As if that weren’t enough, when $GLINT is staked in the single sided auto-compounding buyback pool, users are entitled to obtain Beamshare tokens as a receipt, which will represent their share of the pool.

The official link through which the exchange can be accessed has thus been provided, and the Beamswap DEX’s URL is also available through the official Twitter (NYSE:TWTR) and Telegram channels. Also, the IDOs with Synapse Network, Moonstarter and InfinityPad had all been successfully sold out. Other features that users can enjoy thanks to Beamswap include yield farming capabilities, Beamshare tokens, LP Locker, GLMR Faucet, an integrated bridge (where users can bridge their crypto assets from other EVM chains to Moonbeam and vice versa), limit orders, a portfolio tracker, NFT marketplace, charts, graphs, collaborations with the likes of Beaver Labs and Solidity Finance, and so much more.Important Note: Beamswap has witnessed many copycats circling around recently, so users are encouraged to ensure that they are not taken advantage of by any fraudulent endeavors or entities.

Disclaimer: Any information written in this press release does not constitute investment advice. CoinQuora does not, and will not endorse any information on any company or individual on this page. Readers are encouraged to make their own research and make any actions based on their own findings and not from any content written in this press release. CoinQuora is and will not be responsible for any damage or loss caused directly or indirectly by the use of any content, product, or service mentioned in this press release.

01/19/2022

The crypto world never stops developing its technology to provide its users with the best options in their daily trading lives. This time, NFT, metaverse, and DeFi blew the market with its overwhelming community supporters. Based on a report made by DappRadar, the Unique Active Wallets (UAW) connected to Dapp — NFTs and games attracted over 2.5M daily users by the end of 2021.

China is now the leading country that contributed most to the NFT ecosystem boom. It has more than 204,000 users with an increased rate of 166% registration since November. The United States follows China with 175,000 users with growth traffic of 38%. Indeed, these countries undoubtedly have the highest blockchain game users that attract investors globally.

Furthermore, other countries such as the UK, Russia, the Philippines, Brazil and India also contributed a lot compared to the other countries in the world. The combined traffic for these four countries surpassed 168,000 users, a volume that greatly contributed to the rise of NFT.

On the other hand, despite the bearish situation that the market is experiencing, the NFT space continues to stand strong. In fact, in Q3 2021, the NFT ecosystem generated more than $10.7 billion in trades that continue to increase and remain strong in the first week of 2022. As a result, the crypto networks that are linked to NFT such as ETH, SOL and AVAX to name a few benefits from this.

Meanwhile, the volatility of the crypto market is not a new word in the industry. However, this will not stop investors and traders from being active in the ecosystem. The NFT, metaverse, and DeFi are just some of the technologies that enable investors to still profit regardless of the market condition.

01/18/2022

DeFi’s newest cutest meme token announces the launch of its public sale. The mascot of the new, ultra-fast ultra-cheap NEXT Smart Chain has arrived. Deflationary on every transaction (5%) and with no other tax, no team tokens, and starting with a very low market cap, this meme token is lifting off to visit its Nextronaught NFT siblings in orbit ( are coming down to play in the very soon!).

In recent years meme tokens have emerged to become more popular than many mainstream cryptocurrencies, thanks to their unique mass appeal. NEXT SHIB is the newest entrant into the meme coin space so far ruled by DOGE and Shiba Inu. The tokenomics and the underlying operations of NEXT SHIB, however, differ vastly from the rest of the meme coins, powering NEXT SHIB with rocket fuel. The token follows a deflationary model where the total supply of 100 billion tokens deflates every time a transfer is made, but with no other reservation of tokens for any purpose other than to permanently lock its liquidity (yes permanently!). It also has a low initial market cap of less than $500K.

This ensures a steady growth in value and wealth accumulation possibility for early adopters. The private presale was a success and the public sale opened today, until the end of January. NEXT SHIB token is available on the Ethereum Network (ETH), Binance Smart Chain (BSC), Polygon (MATIC), and on its own native NEXT Smart Chain (NSC).

The blockchain built for scalability

The NEXT Smart Chain is a third-generation blockchain network that has clear advantages over Ethereum and Binance Smart Chain. With a clever combination of Directed Acyclic Graphs (DAG) and Byzantine Fault Tolerance (BFT) technologies, the network manages to achieve a speed of 300000 transactions per second (yes 300K tps) and a persistently low transaction cost of circa $0.0001 per transaction – the lowest fees in the current market.

NEXT Smart Chain is fully compatible with the Ethereum Virtual Machine (EVM), so all ERC-20 tokens and decentralized applications can function on the NEXT Smart Chain (yes – all DAPPS will just work). Just like NEXT SHIB, the NEXT Smart Chain (ticker: NEXT) has a very low market cap of less than $1 million and a fixed token supply of 30.3 million NEXT, while its competitors reach over $1 billion in market cap.

The unmatched scalability and transaction speeds offered on this blockchain make it the ideal network to deploy the next generation of NFT and NEXT Metaverse projects. With NFT gaming and trading within the Metaverse becoming the highly anticipated products of Web3, projects using NEXT Smart Chain will be poised to uniquely benefit from its robust underlying architecture to provide a healthy user experience to early adopters. The smart chain will launch with over 200 independent validators, making it a very decentralized and secure blockchain.

With the launch of the NEXT SHIB, once the public sale completes, NEXT Smart Chain will transform the market as a center of excellence for metaverse innovations & crypto projects.

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