Crypto Bears

2022-05-27 21:00:04 ​Wohlstand token IEO Buyers' Giveaway

1000+ WT buyers to get 10% capped reward

Rules:
Complete ALL social tasks
Register on #LATOKEN
Forward this post

Buy 100 or more WT to get 10 tokens.

Go! https://go.latoken.com/88g

Join before June 04! Open / Comment

2022-05-25 22:00:04 ​Uniswap breaks $1T in volume — but has only been used by 3.9M addresses

Decentralized exchange (DEX) Uniswap has topped $1 trillion in total trading volume since launching on Ethereum in late 2018.

That comes from a relatively small user base, however, indicating that there is a lot of potential growth to come. According to data from Uniswap Labs, which are major contributors to the development of the protocol and ecosystem, the DEX’s number of cumulative addresses hit around 3.9 million this month after just over three years.

The data was posted via Twitter on Tuesday, with the Uniswap Labs team noting that: “Over the past three years, the Protocol has Onboarded millions of users to the world of decentralized finance (DeFi), Introduced fair and permissionless trading, Lowered the barrier to liquidity provision.”

Uniswap is currently supported on Ethereum and layer-2 scaling solutions Polygon, Optimism and Arbitrum. Uniswap Labs also revealed earlier this month that the DEX will be expanding out to two Ethereum Virtual Machine- (EVM)-compatible chains in Gnosis Chain, and Polkadot-based para-chain Moonbeam Network.

In terms of trade volume, Uniswap ranks well ahead of its competition in the DEX market. Data from CoinGecko shows that Uniswap’s v3 protocol generated $938 million worth of volume over the past 24 hours, representing 33% of the total market share.

In comparison, Binance Smart Chain-based PancakeSwap (v2) ranks second with $491 million and 17.3% of the market share.

When comparing Uniswaps’s 24 data with centralized exchanges (CEXs), its $938 million worth of volume places it well behind platforms such as Binance, FTX and Coinbase, which generated $12.2 billion, $1.95 billion and $1.79 billion, respectively.

Notably, however, the DEX is well ahead of some big players in the crypto sector such as "Crypto com" and Kraken, which generated $724.9 million and $597.4 million each.

Uniswap has also amassed roughly $5.93 billion worth of total value locked (TVL), the fifth-largest sum in the DeFi sector, according to DefiLlama, while PancakeSwap ranks seventh with $4.27 billion worth of TVL. MakerDAO represents the largest platform with $9.82 billion in TVL.

Related: Uniswap launches venture capital wing for Web3 investments

Despite Uniswap’s ability to attract strong demand and liquidity, it hasn’t done much to sway the price of its native asset Uniswap (UNI) in 2022. Since the start of January, UNI has dropped around 67% to sit at $5.59 at the time of writing.

UNI’s all-time high of $44.92 was also back in early May 2021, and is down 87.5% since then. Open / Comment

2022-05-23 19:30:06 ​Interest in Ethereum Name Service reaching ‘critical mass’

The Ethereum Name Service is having its best month on record for new registrations, account renewals and revenue thanks to community awareness and low gas fees.

Lead developer at Ethereum Name Service (ENS) Nick Johnson tweeted on Monday the metrics for the Web3 domain service through May so far. He noted that numbers were poised to shatter existing records because they were already at all-time highs, “and there’s still a week of May left.”

May is now an All Time High for every single ENS metric we track - registrations, renewals, revenue (ETH & USD) and income (ETH & USD).

And there's still a week of May left.

Jonson told Cointelegraph on Monday that the main factor contributing to higher demand in ENS domains is that it is a place where people can “form shared communities without any overarching structure imposed on them beforehand.” This has had astounding results for the domain service:

“ENS has reached a critical mass of awareness and adoption. Most wallets support ENS names, so the usability factor is significant.”

ENS is an open-source blockchain protocol founded in 2017 that allows people to assign a digital identity to their Ethereum wallet. Each name is a nonfungible token (NFT) that ends with .eth and can act as an address, a cryptographic hash or a website URL.

The data shared by Johnson shows that there have been 304,968 new registrations, 13,260 renewals, and 3,165.85 Ether (ETH) in revenue so far in May. All of these metrics leave previous highs in the dust.

Johnson also said that ”low gas fees definitely have an impact” on the higher onboarding and renewal rates. To send a fast transaction on Ethereum costs about 22 GWEI, worth about $0.92 at the time of writing, according to gasprice.io. In periods of high volume, gas fees can be higher than $50, which may act as a deterrent to using the network unless in emergencies:

“You can register a 5+ character ENS name for a year for $5. High gas fees can make the cost several times that, so gas prices have a big impact on the affordability of ENS names.”

Interest in ENS domains has been quickly rising since April, when social clubs such as the 10k Club within ENS gained tremendous attention. The 10k Club was formed by owners of ENS domains numbered between 0-9999. Both new registrations and renewals have nearly doubled since then.

ENS’s record high revenues coupled with a market downturn has sparked plans in the ENS decentralized autonomous organization (DAO) to squirrel away funds for ongoing development. Johnson stated that the income slated for funding development and maintenance “for the indefinite future” would help the project weather further market volatility:

“With that guarantee against market effects, additional funds can be used more freely to help grow the ecosystem.”

However, the bullish metrics have not been reflected in ENS prices. The token has been on a steady decline since its November 2021 launch in which all .eth domain holders were airdropped a portion of the supply. ENS has fallen 86% from its November all-time high to $12.21, according to CoinGecko. Open / Comment

2022-05-20 21:00:05 ​Hey, do you remember about the EYWA?
Many participants have already joined there. Don't miss your chance to join them.
I have high hopes for this project!

Pitch Deck | Website | White Paper | Tokenomics | Twitter | Telegram Group | LinkedIn

Backers: Mapleblock Capital, Mulana Capital, Xtream Capital, Vespertine Capital, BR Capital, G1 Ventures, Unreal Capital, Criterion VC

Grants: Harmony, NEAR Foundation, Algorand Foundation, Metis, Aurora, Boba Network

Chains: Ethereum, Polygon, CoinEx, BNB Chain, HECO, Avalanche, Metis, Solana

Winning hackathons: Ethglobal Marketmake, Polygon’s BUIDL IT hackathon, Metis hackathon

In negotiations with more than 30 funds

More than 100.000 users have already taken part in the test, rapid community growth

Audit: Hexens (official auditors of Polygon.technology)

Team: 20+ blockchain engineers from Google, Waves, Lido.fi, Maps.me, Oxygen, Polkaswap, Vires.finance
Instant and easy creation of cross-chain pools: create your own cross-chain liquidity pools using EYWA DEX (Uniswap v2 and Curve pools)
Cross-chain bridges: Automatically move own project’s tokens and other liquidity (stablecoins, BTC, ETH, and more) between blockchains
Easy creation of cross-chain Dapps: link smart contracts hosted on different blockchains; integrate or create new cross-chains apps
Cross-chain calls: send arbitrary commands to existing smart contracts in other blockchains, which opens up a huge space for new ideas
Work without trust: EYWA Oracle Network is an infinity scalable decentralized oracles network
EYWA can create cross-chain assets that you can easily convert into the assets you want in the blockchain you want. Imagine a generic stablecoin that can be easily converted to, for example, USDC in the blockchain you're interested in
EYWA 'e'-tokens (e.g. eUSD, eBTC, eETH) are synthetic assets backed by the most trusted original assets placed in different blockchains. Open / Comment

2022-05-20 15:00:10 ​Mashinsky says ‘Sharks of Wall Street’ circling around Celsius and other projects

The CEO of crypto lending and staking platform Celsius Alex Mashinsky believes “the Sharks of Wall Street” can smell blood in the water and are causing instability at several crypto projects.

Mashinsky attributes recent Celsius (CEL) price falls, the brief Tether (USDT) depegging and collapse of Terra (LUNA) — at least in part — to short sellers on Wall Street. CEL has fallen from its all-time high of $8.05 to $0.82, which is a 90% drop.

In a Twitter Spaces event on Tuesday, some Celsius users claimed that the platform liquidated their holdings as CEL dropped. They said trading was illiquid as the price fell, worsening their losses, and that Celsius should have supported the currency.

Mashinsky said CEL had been affected by the wider crypto crash due to the collapse of Terra and that he believed someone was targeting the company.

“This is not a coincidence. This is somebody who decided, ‘You know what? I’m going to take down all of Celsius,’” he said during the event.

Cointelegraph contacted Mashinsky for further details. He explained there was a deliberate push on from Wall Street to profit by exacerbating crypto’s problems.

“They took down Luna. They tried Tether, Maker and many other companies. It’s not just us,” he said. “I don’t think they have a specific hate or focus on Celsius. They are all looking for any weakness to short and destroy:”

“The point is that the Sharks of Wall Street are now swimming in crypto waters.”

Asked to clarify if he meant regulators or the funds rumored to have attacked Terra, he clarified that it’s ”nothing to do with regulation. Just short sellers looking for weakness.”

Mashinsky also took issue with Barron’s article about the Spaces event titled Celsius Faces a Revolt as a High-Yield Crypto Plummets.

“We have 1.8 million customers and Barron’s wrote this article because two guys on Twitter complained that they got liquidated after taking a margin loan,” he said.

The price of CEL has been on a steady downward trend throughout the year, from the Jan 1 price of $4.38 to the current price of $0.82, according to CoinGecko.

Celsius allows users to stake cryptocurrency, which can be used as collateral for loans. Stakers earn up to 80% of the revenue earned by the platform. Regulators in various jurisdictions also have Celsius in their sights, forcing the platform to restrict non-accredited investors from earning interest on deposits in the United States.

Some CEL investors and stakers vented their frustrations with the price performance of CEL to Mashinsky in the Thursday AMA.

One investor accused the Celsius team of sitting on its hands while token price tumbled as a result of the Terra fiasco. Celsius previously denied it had sustained significant losses as a result, and reports suggested it had rescued $500 million from Anchor Protocol. The investor said:

“You know this stuff going on with LUN, the token obviously started tanking. Alex and the team did not step in whatsoever to support the price on the way down. They essentially just let it drop.”

In the AMA, Mashinsky assured community members that Celsius “is always working in the best interest of the community,” but that he “does not control price action” on the CEL token:

“The culprit here has nothing to do with Celsius. It has everything to do with people FUDding and publishing bullshit information. So if you want to pick a fight, go pick a fight with those people and ask them ‘Why did you publish this article?’”

He added that the liquidations on the Celsius platform that occurred in the past two weeks caused people to get hurt, but he claimed that he personally lost more than anyone. He said, “I lost more value than all the other liquidated people combined.” Open / Comment

2022-05-19 21:00:04 ​ THE LARGEST COMMUNITY GIVEAWAY FOR BINANCE NFT

We are launching the largest Giveaway of 5000$ for Binance NFT users. The lucky winner will be given an Exclusive Crypto Car and a Crypto Pablo NFT, which is an entry for a $1000 prize pool! You get to keep the NFT’s and the money

Free entry for 1000$ giveaway

About the collection:
Only 40 Exclusive Crypto Cars are available to the public

Holders will have a chance for weekly giveaways: discord

Official Partners of the Binance NFT marketplace

To participate:
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3. Put " " in the comments in our channel

Important: in order to enter the prize pool you need to complete all 3 steps

To read more check our website Open / Comment

2022-05-18 22:00:04 ​Ethereum analytics firm Nansen acquires DeFi tracker Ape Board

Blockchain analytics firm Nansen to launch a new portfolio tracker integrated with the rest of its features with the new acquisition.

Major Ethereum blockchain analytics platform Nansen continues scaling its operations by acquiring a cross-chain decentralized finance (DeFi) tracker.

Nansen has acquired the multi-chain portfolio tracker Ape Board in an eight-figure deal, the firm announced to Cointelegraph on Tuesday.

Closing later in May, the acquisition will unite the teams of the two platforms, aiming to combine Nansen’s analytics and Ape Board’s portfolio tracking to provide an all-in-one information service.

As part of the acquisition, 13 employees at Ape Board will join Nansen’s team counting 120 analysts, product managers and engineers to jointly provide the “definitive information super-app of Web3.”

“Ape Board will become the starting point of a new Nansen Portfolio tracker. It’ll be free to use, and will integrate seamlessly with the rest of Nansen’s features,” a spokesperson for Nansen told Cointelegraph.

Founded in 2019, Nansen was named after scientist and explorer Fridtjof Nansen as the platform is focused on providing data and analysis about the Ethereum blockchain. The platform is backed by some prominent industry investors like Andreessen Horowitz and Coinbase Ventures. In 2021, Nansen raised $12 million in a Series A funding round to build a blockchain analytics platform for the DeFi sector.

Ape Board was a perfect match for Nansen to aspire to its DeFi ambitions. Launched in 2021, Ape Board is designed to provide an aggregator pulling together all DeFi investments into one platform. The platform supports 36 blockchains including Ethereum (ETH), BNB Smart Chain (BNB), Terra (LUNA), Solana (SOL), Binance Exchange and Polygon (MATIC) as well as 390 protocols.

Related: Robinhood acquires British crypto firm Ziglu to push expansion plans

With the new acquisition, Nansen aims to pave a path towards becoming the go-to information super-app for Web3, a spokesperson for the firm said, adding:

“The next 12–18 months will likely mark a consolidation period for crypto. Nansen has a strong war chest, and we plan to continue being aggressive with our growth and build an unrivaled, all-in-one market intelligence platform.”
“Obtaining data from the cryptocurrency ecosystem, specifically, DeFi protocols and blockchains is complex and fragmented,” Nansen CEO Alex Svanevik said. “With this acquisition, we take a big step towards bringing all the market intelligence a trader, institution or business needs under one roof,” he added. Open / Comment

2022-05-17 21:10:00 ​Hey, do you remember about the EYWA?
Many participants have already joined there. Don't miss your chance to join them.
I have high hopes for this project!

Pitch Deck | Website | White Paper | Tokenomics | Twitter | Telegram Group | LinkedIn

Backers: Mapleblock Capital, Mulana Capital, Xtream Capital, Vespertine Capital, BR Capital, G1 Ventures, Unreal Capital, Criterion VC

Grants: Harmony, NEAR Foundation, Algorand Foundation, Metis, Aurora, Boba Network

Chains: Ethereum, Polygon, CoinEx, BNB Chain, HECO, Avalanche, Metis, Solana

Winning hackathons: Ethglobal Marketmake, Polygon’s BUIDL IT hackathon, Metis hackathon

In negotiations with more than 30 funds

More than 100.000 users have already taken part in the test, rapid community growth

Audit: Hexens (official auditors of Polygon.technology)

Team: 20+ blockchain engineers from Google, Waves, Lido.fi, Maps.me, Oxygen, Polkaswap, Vires.finance
Instant and easy creation of cross-chain pools: create your own cross-chain liquidity pools using EYWA DEX (Uniswap v2 and Curve pools)
Cross-chain bridges: Automatically move own project’s tokens and other liquidity (stablecoins, BTC, ETH, and more) between blockchains
Easy creation of cross-chain Dapps: link smart contracts hosted on different blockchains; integrate or create new cross-chains apps
Cross-chain calls: send arbitrary commands to existing smart contracts in other blockchains, which opens up a huge space for new ideas
Work without trust: EYWA Oracle Network is an infinity scalable decentralized oracles network
EYWA can create cross-chain assets that you can easily convert into the assets you want in the blockchain you want. Imagine a generic stablecoin that can be easily converted to, for example, USDC in the blockchain you're interested in
EYWA 'e'-tokens (e.g. eUSD, eBTC, eETH) are synthetic assets backed by the most trusted original assets placed in different blockchains. Open / Comment

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More details about savings on AAX https://bit.ly/3pmwver Open / Comment

2022-05-15 20:00:01 ​NFT GEM ALPHATHUGZ is an Ethereum based project, supplying utilities that work in tandem to benefit the community.

Website: https://alphathugz.com

ALPHA UTILITY:
Alpha Clothing is an online store for merch that displays the AlphaThug of your choice on the item of your choice. On the other hand, Holders of Alphathugz claim 100% profits from merch that displays their AlphaThug. This means the higher your rarity rank, the more profits you will collect from Alpha Clothing.

In order to ensure long term holders collect rare alphathugz, while increasing floor price, AlphaThugz has implemented a burn system.

Did you mint 2 common Alphas? Just burn 2 and receive 1 Alpha with a higher rarity guaranteed.
⁃ Decreases total supply and provides holders the opportunity to earn more from Alpha Clothing
⁃ Increases floor price as accessible AlphaThugz become scarce

AlphaThugz provides the NFT community with a FREE MINT with their referral program.
1. Receive referral link upon mint of min 1 AlphaThug
2. Send link to 3 NFT enthusiasts
3. 3 NFTs are minted using your link
4. AUTOMATICALLY receive free mint in your wallet
5. (Optional) Burn your 2 Alphas to claim higher ranking RARE Alpha + contribute to healthy floor price

Check out their Discord: https://discord.gg/vmx6ZaDmvz

They have great plans in place to guide you into the metaverse. With Royalties, Exclusive access channels, Giveaways, and much more, it’s definitely worth checking out.

Early Access Mint (1000): May 14th
Public Mint: May 16th Open / Comment