Apecoin_VeChain_Elrond

2022-12-14 19:52:00 ApeCoin Price up 53% on Colossal APE Staking Figures

ApeCoin (APE) gained more than 50% in value during the calendar month. The likely reason for the increase was the launch of staking at the beginning of December. The event was highly anticipated in the community, and by now, the number of APE blocked in staking stands at 57.5 million coins, equivalent to $250 million. As provided by Nansen, of this number, 21% or 12.2 million APE are provided by ApeCoin Foundation, 76% are provided by unknown investors and minority stakes are in the region of 1% by large APE holders.Thus, as Lookonchain reports, an investor nicknamed Machi Big Brother staked 903,859 APE, equivalent to $3.9 million. The crypto enthusiast accounted for 1.57% of the total staked amount.

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2022-12-13 20:03:02 VeChain reduces carbon emission by 95%

VeChain Foundation recently launched the VeCarbon platform. VeCarbon is a blockchain-powered accounting software-as-a-service (SaaS) that assists governments to achieve “carbon neutrality, emissions targets and reach their sustainability goals.”.VeCarbon makes use of professional carbon consulting and carbon reduction methodology services and ensures that enterprises can work on carbon reduction strategies. According to the VeChain Foundation, the project seeks to build a blockchain-enabled digital innovation platform to rapidly scale the platform to meet up with the demand for digital carbon management services.

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2022-12-12 20:25:09 VeChain is designed to serve billions of people and companies around the world

VeChain, a leading cryptocurrency and smart-contracts platform focused on sustainable supply chain management, remains confident that it can serve billions of people and companies around the world. The platform plan to do this through its public blockchain-based and open-source solutions.Demitris Neocleous, head of ecosystem build at the VeChain Foundation, opines that VeChain and public blockchains in general are critical for the planet’s sustainability and digitization objectives as opposed to private blockchains.To buttress his view, Neocleous gave an explanation that he describes as ‘pragmatic,’ comparing blockchain technology to various scenarios in which a boy can make the “statement of love” to a girl.

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2022-12-11 19:31:33 The company behind Bored Ape Yacht Club NFTs is being sued for using celebrities to promote their products

A class-action lawsuit has been filed against Yugo Labs, the company behind Bored Ape Yacht Club, on behalf of investors who claim it failed to disclose the alleged involvement of celebrities. The lawsuit claimed that stars including Justin Bieber, Serena Williams, and Madonna promoted Bored Ape misleadingly. The legal action against blockchain cryptocurrency startup Yuga Labs was filed on Friday in California District Court. Plaintiffs Adonis Real and Adam Titcher have been investing in YugoLabs NFTs.

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2022-12-10 19:03:00 Lawsuit Alleges Yuga Labs Conspired With Celebs Like Justin Bieber to Push Bored Ape NFTs

A class action lawsuit filed Thursday alleges that a slew of celebrities—including Justin Bieber, Madonna, Steph Curry, and Paris Hilton—violated state and federal laws when they promoted Bored Ape Yacht Club NFTs while failing. The suit, filed yesterday in the U.S. District Court’s Central District of California, named no less than 37 co-defendants—ranging from Yuga leadership to celebrities and executives. It also names MoonPay, the crypto payments startup that allegedly facilitated those endorsements. its 100-page filing tells, more or less, a single story.

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2022-12-09 22:41:01 ApeCoin Price Recoils Despite Positive BAYC, Staking News

Bored Ape Yacht Club sales crawled back in November even as the crypto market remained in a somber mood. Sales data shows that the combined sales in the NFT collection spiked to $63.8 million in November. That was a remarkable comeback since total sales in October and September were $31 million, respectively. Additional numbers show that the number of sellers rose sharply in November. They rose to 409 from the previous 182 and were the highest figures since May this year. Buyers also rose to 289, the biggest increase since May this year. In December, total Bored Ape Yacht Club sales have risen to $9.6 million, meaning that there is still more demand. However, the floor price for Bored Ape Yacht Club (BAYC) has been dropping and currently stands at 64 ETH.

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2022-12-08 19:41:00 Over $35M Pours Into ApeCoin Staking in First Day

One day after the Ape Foundation opened staking for its APE currency, over $30 million worth of the tokens has been deposited into its contract.The token, which is the native currency of the Yuga Labs ecosystem, was airdropped to holders of the Web3 collective’s mainstay non-fungible token (NFT) collections, Bored Ape Yacht Club and Mutant Ape Yacht Club, back in March.The price of the token itself hasn’t changed much in the weeks leading up to the staking – at the time of writing, APE was trading at about $4.20, the same price as two weeks ago. At its peak in the days before Yuga Labs’ Otherside metaverse land sale last April, APE was trading for over $22.

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2022-12-07 19:25:08 ApeCoin Up 6% as Holders Stake $32M in Ethereum Bored Ape Token

ApeCoin’s staking rewards are just around the corner, set to begin emitting on December 12, and the official staking contract has already taken in nearly $32 million worth of APE in one day—along with a wealth of Bored Ape Yacht Club and Mutant Ape NFTs. More than 7.6 million APE have been deposited into the contract to date, along with a number of NFTs. That price has been ticking up since Horizen Labs launched the official staking contract on Monday, and now is up 6% over the last 24 hours at a current price of $4.16.ApeCoin, the Ethereum-based token created for the Bored Ape Yacht Club ecosystem.

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2022-12-06 21:40:21 Apecoin holders are losing their staked tokens when paired Bored Apes get sold

Apecoin staking is opening another door for Bored Ape holders to lose their tokens. Holders of Bored Apes and Mutant Apes are losing their staked apecoin because they failed to delist their paired NFTs before staking their tokens. Apecoin staking went live on Dec. 5 and already some Bored Apes and Mutant Apes holders have fallen victim to the issue, related to how the staking feature works, according to security firm PeckShield. Two traders have already earned between $8,000 and $10,000 in profits from targeting Bored Ape holders. In both cases, the victims lost their staked apecoin after selling their NFTs.

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2022-12-05 22:52:01 VeChain Successfully Upgrades To PoA2.0 With Improved Finality, And Security

According to a press release, the VeChainThor network has upgraded to Proof of Authority 2.0 (PoA2.0). Per the press release, the network completed the upgrade at block 13815000 on November 17 by 8:10 GMT. The new update brings improved finality and security, VeChain Foundation said. Notably, the blockchain firm asserts that PoA2.0 will allow the network to operate globally while protecting user data and meeting real-world demands.The VeChain Foundation disclosed that its developers have been able to solve this with their finality device. It bears mentioning that the device in question is likely related to VeChainThor’s Finality with One Bit (FOB) technology.

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