Crypto Mountains

2024-04-24 18:00:49 Canaan Executives Buck the Trend, Eye $2 Million Stock Purchase Amidst Revenue Dip

Canaan's Chairman and CEO, Nangeng Zhang, and CFO James Jin Cheng are defying the odds, planning to invest $2 million of their own money into the company's shares. They see an opportunity in Canaan's undervaluation, even as revenues took a hit.

The numbers don't lie: Canaan's total revenues plummeted by 67.5% to $211.5 million in 2023 from $651.5 million the previous year. But Zhang remains confident, stating that the company is making strides in manufacturing its A14 series mining rigs and developing the next-gen A15 and A16 units.

With the recent Bitcoin halving event, Zhang believes that new doors will open in the crypto ecosystem. Canaan, established in 2013 as a tech firm specializing in high-performance computing chips, is determined to navigate these opportunities.

Despite a tough market for Bitcoin ASIC miners, Canaan reported a modest increase in mining revenue for 2023 at $34 million. However, the average selling price per Thash dropped significantly from $40.8 to just $8.9 due to market conditions. Open / Comment

2024-04-24 13:02:03 $AXGT Ascends to L2 - Arbitrum
Harness the power of decentralized science with AxonDAO in healthcare research.

Our proven track record speaks volumes [after the first 2 months]:
19,000+ HOLDERS
8x LIQUIDITY POOL SIZE
Additional $1.4M investment in liquidity, research, and operations.

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Holder amount surpasses top 3 projects combined
Active projects with healthcare partners
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CoinMarketCap: https://coinmarketcap.com/currencies/axondao-governance-token/
MARKET CAP: $50M
FDV: $320M

Join us as we bridge to L2 Arbitrum on WED, 24th, at 8AM EST. Seize the opportunity to shape the future of decentralized research. Stay tuned for more bridges and upcoming CEX listings.

Website | Twitter (X) | Announcements | Telegram


Buy now and be part of the future! Open / Comment

2024-04-23 14:01:57 Imagine an unlimited crypto credit card

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2024-04-22 18:00:32 With SpacePay you can now not just HODL, but pay with your crypto

SpacePay ($SPY) is the first truly decentralised payment protocol in the world

Doxxed team, with $750,000 raised from VCs and Angels

Pay with your crypto in stores from 325+ wallets—no app or transfers needed

$SPY is VISA/Mastercard for Crypto, gaining significant traction

Don't miss out:
Major contest upcoming
TGE launching soon

Join the community:
Website: https://spacepay.co.uk/
Telegram Group: @SpacePayTG
Twitter: https://twitter.com/SpacePayLTD Open / Comment

2024-04-21 18:01:51 Galactic Group Launch AAA Web3 Play-to-Own Game Publisher With World-Class Talent

Galactic Group is set to revolutionize the gaming industry with the launch of their AAA Web3 game publisher in the United Arab Emirates (UAE). Backed by Hollywood and gaming industry veterans, this venture is poised to make waves.

Led by visionary Loren Roosendaal, Galactic Entertainment Publishing aims to redefine gaming as one of the world's first play-to-own publishers, taking Web3 gaming to new heights.

The first title under this ambitious project is Planet Quest, a game that has already garnered a dedicated fanbase. With over 300,000 connected wallets and an impressive lineup of talent from Epic, Disney, Warner Bros., and Activision-Blizzard, this game is set to be a hit.

But it doesn't stop there. The team has gone above and beyond by involving fans in the creative process, resulting in a genuine community with a stake in the game's success. This level of engagement is unprecedented and has led to the creation of a trilogy of books, comics, and even another game.

This new approach isn't just about gameplay; it's about ownership. By leveraging blockchain technology and NFTs, players can truly own their in-game assets. Co-founder Mark Meyers believes that involving the community early on benefits everyone involved, from developers to players.

The dominance of the free-to-play model is showing cracks, with players spending more on in-game purchases while feeling disconnected from the games they love. Galactic Group aims to change that by putting ownership back into the hands of players.

As the gaming industry moves towards a more transactional relationship between publishers and players, Galactic Group's play-to-own model may just be what the community needs – a return to genuine engagement and a break from the profit-driven cycle. Open / Comment

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2024-04-18 19:01:05 Sirwin Crypto Casino, Experience the Sweetness of 'Sweet Bonanza'

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2024-04-18 17:00:41 Crypto Billionaire Justin Sun's $196 Million Tether Move Sparks Speculation on Binance

Whale Alert: Tron Founder Justin Sun has once again made waves in the crypto world, transferring a whopping $196 million worth of USDT from Huobi to Binance. This eye-popping move comes as no surprise, given Sun's penchant for big transactions.

Blockchain Sleuths: Lookonchain, the Sherlock Holmes of the blockchain, uncovered this massive transfer in three separate batches: $40 million, $56 million, and $96 million. With over $1 billion in assets, Sun is definitely playing in the big leagues.

Mysterious Motives: The timing of Sun's transfer raises eyebrows, coinciding with Binance's suspension of USDC transactions on Tron. Is this a strategic maneuver or just another day in the crypto playground? The jury is still out.

Sun's Checkered Past: This isn't Sun's first rodeo when it comes to sizable crypto moves. In February, he dropped 100 million USDT on Binance and snatched up a hefty chunk of ETH. Clearly, he likes to keep things interesting.

Whale Watching: Sun isn't alone in making waves; the crypto ocean is teeming with activity. Bitcoin whales and other major players have been making splashy moves lately, leaving analysts buzzing. Open / Comment

2024-04-16 15:01:04 AFFI NETWORK X GEMPAD
Sale starts: 7:00 am UTC, April 16th.
Time: 36 hours.


Network Polygon
IDO Price $0.2
Listing Price $0.25
IMC $184,000
Initial Supply 3,420,000
Total/Max Supply: 100,000,000
IDO date:  16th April (7:00am UTC) until 17th April (7:00pm UTC)
Vesting 10% on TGE, 6 months linear vesting (15% every month)


Minimum Buy: 50 USDT
Maximum Buy: 50,000 USDT


Buy Now/Grab Your Link on GemPad! 3% Referral Fee Reward:
https://gempad.app/presale/0xC54d1642e3aB7D1C1Fc7249D44413ac6dD45eC48?network=Polygon


Affi Network is a decentralized on-chain incentives platform, which enables marketers to incentivize users for on-chain actions, such as voting, swapping, minting, staking, depositing, or playing.

While the first iteration of the platform focused on affiliate incentives for NFT mints, the team's commitment to evolution led them to expand their research into participation incentives for DeFi, GameFi, DePin, and beyond. With V2 underway and set to launch in 2024, you are invited to join Affi Network in revolutionizing incentive distribution for millions of users worldwide, while increasing transparency, security, and efficiency for performance marketers on a global scale.

Affi Network currently counts Cointelegraph Acceleration, Polygon Studios, Magna, CLS Global, and many others as key partners. The team was recognized at Paris Blockchain Week 2023 and featured on Start-in-Block’s Top 100 list, validated with a 4.9/5 score by 1,735 voters on Magic Square, and winner of ‘Most User-Engaged Project Award’ at Jubi’s Builder Demo Day 2023. Several partnership and product developments will be announced in 2024.

#CatchTheBuzz with Affi Network! Open / Comment

2024-04-15 18:01:27 Hong Kong Rockets Towards Crypto ETF Approval!

Hong Kong is poised to approve Bitcoin and Ether ETFs as early as Monday, catapulting the region's crypto industry to new heights.

Harvest Fund Management, Bosera Asset Management, and HashKey Capital are eagerly awaiting the green light for their spot Bitcoin and Ether ETF applications by the end of April.

The Securities and Future Commissions (SFC) are working hand in hand with Hong Kong Exchanges & Clearing Ltd to ensure a smooth approval process for these groundbreaking investment vehicles.

While the exact timing remains a mystery, insiders whisper that we could see the first wave of approvals, including Hong Kong Bitcoin ETFs, as soon as Monday!

Regulators have already given the nod to other crypto-based ETFs, with a combined value of $170 million. It's clear that institutional interest in digital assets is on the rise!

Since their launch, Bitcoin ETFs have been a driving force behind the cryptocurrency market's resurgence. These funds have attracted over $15 billion in just three months, propelling total assets under management to an impressive $73 billion.

Julia Leung from the SFC is leading the charge, actively working to create a framework that ensures investor protection while embracing the potential of virtual assets.

Despite recent challenges like JPEX's alleged fraud, Hong Kong remains committed to fostering an environment where crypto entrepreneurs can thrive. The city's reputation as a global business hub is on the line! Open / Comment