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Bifrost wins 18th Polkadot ‘parachain’ slot to bring cross-chain liquid staking to PoS chains

Bifrost, a cross-chain liquid staking derivative protocol, has just won the 18th Polkadot parachain slot. Now, Bifrost is planning on bridging from Kusama using the Polkadot infrastructure to bring cross-chain liquid staking to over 80% of public PoS chains.

Note, Bifrost won Kusama’s fifth parachain slot on July 20, 2021.

Currently, Bifrost has developed a liquidity derivative for staked KSM in order to promote the capital utilization of KSM in various DeFi scenarios as well as empower the security of the relay-chain consensus and promote the activity of KSM staking.
Stellar Lumen (XLM) Price Could Dive If It Breaks This Support

Stellar lumen price is trading below $0.1200 against the US Dollar, similar to bitcoin. XLM price must stay above the $0.1000 support to avoid a downside break.

Stellar Lumen Price Analysis (XLM to USD)After forming a base above the $0.1050 level, stellar lumen price started a fresh increase against the US Dollar. The XLM/USD pair broke the $0.1120 resistance zone.

The price even broke the $0.1200 resistance and the 55 simple moving average (4-hours). However, the bears remained active near the $0.1300 zone. A high was formed near the $0.1299 level and the price started a fresh decline.
Forwarded from CryptoSoul
Get a free NFT land in the new metauniverse RIGHT NOW!

Friends, last year we were actively working on our metauniverse Crypto Soul World. And now, it's time to announce the imminent launch of this ambitious project! Right now you can buy CSW token on PancakeSwap early presale. In a month this token will be added to centralized exchanges like Kucoin and Huobi, and in December we plan a listing on Binance.

CSW is a metauniverse utility token with which you can buy NFT land and NFT characters in Crypto Soul World universe. Details about the universe itself are still under wraps, but we will be publishing a Lite Paper very soon.

1. Go to https://pancakeswap.finance/swap
2. Find a pair BNB/CSW (CSW contract address: 0xA62106602B7F0ced0101F497F60E5Ad7AAc3DCBE)
3. Swap 10 000 CSW tokens or more and hold it at your wallet until the metauniverse launch.

When the universe is launched, each CSW token holder will receive an NFT plot of land at the rate of 10 000 tokens = 1 NFT! For example, if you buy and hold 50 000 CSW tokens, you will receive 5 NFT when the metauniverse is launched!

Hurry up, only 800,000 tokens are available for sale right now. Max 80 NFT plots will be distributed among all presale participants.

The metauniverse is scheduled to launch on September 1.
Forwarded from CryptoSoul
FREE NFT GIVEAWAY!

Less than a month remains before the public release of our metaverse Crypto Soul World. Upon release to centralized exchanges, the price of the CSW token will start at $0.5 per token. Now there is a presale of token on PancakeSwap exchange, only 800,000 tokens are sold now on special conditions for members of our community.

Everyone who buys 10,000 tokens on the PancakeSwap exchange and holds tokens by September 1 will receive 1 NFT value for every 10,000 tokens to their wallet.

Right now the price of a token is only $0.01 and continues to rise due to high demand.

1. Go to https://pancakeswap.finance/swap
2. Find a pair BNB/CSW (CSW contract address: 0xA62106602B7F0ced0101F497F60E5Ad7AAc3DCBE)
3. Swap 10 000 CSW tokens or more and hold it at your wallet until the project launch.
Hashstack Makes A Shift To Starknet, Improving Overall Operations

Hashstack, a non-custodial zk-native money market protocol is elated to announce its strategic shift to Starkware, developed Starknet

The shift allows Hashstack to change its focus from EVM chains to zk-primitives. The transition will notably enable Hashstack to build the critical infrastructure necessary to multiple the usability of decentralized finance by over ten times. In the end, this will empower financial inclusion through cryptocurrencies.
Bitcoin Demand on Coinbase Stacked, Flashing March 2020 Bottom Vibes, According to Popular On-Chain Analyst

Widely followed on-chain analyst Will Clemente says Bitcoin (BTC) buy orders on crypto exchange Coinbase are reminiscent of BTC’s bottom in March 2020.

Clemente tells his 657,400 Twitter followers that BTC bulls on Coinbase have placed thick buy orders from $17,000 and below.

According to the on-chain analyst, the eagerness of market participants to catch BTC at lower prices bodes well for the king crypto.
Forwarded from CryptoSoul
Get a piece of NFT land in the Crypto Soul World metaverse!

Everyone who buys 10,000 tokens CSW on the PancakeSwap exchange and holds tokens till the 1st of September will receive 1 NFT value for every 10,000 tokens to their wallet.

Right now the price of a token is only $0.01 and continues to rise due to high demand.

1. Go to https://pancakeswap.finance/swap
2. Find a pair BNB/CSW (CSW contract address: 0xA62106602B7F0ced0101F497F60E5Ad7AAc3DCBE)
3. Swap 10 000 CSW tokens or more and hold it at your wallet until the project launch.
MetFi (MFI) Is Now Available for Trading on LBank Exchange

INTERNET CITY, DUBAI, Sep. 7, 2022 – LBank Exchange, a global digital asset trading platform, has listed MetFi (MFI) on September 7, 2022. For all users of LBank Exchange, the MFI/USDT trading pair is now officially available for trading.

As a DAO owned and controlled by the community, MetFi (MFI) builds the world’s first DeFi 2.0 collectible NFT ecosystem focused on incubating metaverse and web3 unicorns. Its native token MFI has been listed on LBank Exchange at 20:00 (UTC+8) on September 7, 2022, to further expand its global reach and help it achieve its vision.
Crypto Litigator Kyle Roche Removed from His Firm’s Class-Action Dept.

Anonymous website Crypto Leaks recently published video footage of Kyle Roche – a known crypto litigator – talking about what a huge stake he has in a company known as Ava Labs, which dabbles in blockchain and distributed ledger technology.

Kyle Roche Is Feeling the HeatIn the video, he also appears to talk about filing suit against competitors of the company. He also refers to class-action plaintiffs and jurors as “idiots.” This has set up an improper conduct investigation surrounding Roche, who recently claimed that the videos taken of him were done without his knowledge or consent, and thus they are illegal and cannot be used against him in a court of law. Roche also says that the videos were edited in a way that makes him look bad, and that he was apparently drunk while making the comments.

Roche Freeman – the law firm that Kyle works with – is not taking any chances and has removed him from its class-action department, claiming that the video suggests he possesses bias and thus he cannot be trusted to handle future litigation appropriately. Thus far, he will not be involved in ongoing cases against the stable currency Tether or the crypto exchange Bitfinex.
Cardano’s Self-Regulated Stablecoin Set for Launch in Early 2023 — Is ADA Ready For A Go At $1?

The Cardano ecosystem could have its first fully fiat-backed, regulatory-compliant stablecoin before the end of Q1 2023. According to Emurgo, the official commercial arm of the Cardano blockchain, the stablecoin will be called USDA and shall be pegged on a 1:1 ratio with the US dollar.

“The introduction of a fully fiat-backed, regulatory-compliant stablecoin is the next step in realizing the future for our community,” Vineeth Bhuvanagiri, Emurgo’s Fintech Managing Director, said.
Sam Bankman-Fried Set To Return To The U.S. Wednesday After Signing Extradition Papers

The next chapter in the stunning fall of disgraced FTX ex-CEO Sam Bankman-Fried is about to commence as reports indicate that he is a step closer to returning to American soil to answer to criminal charges after signing the necessary paperwork.

Update: The Bahamas To Send Bankman-Fried To The U.S. WednesdayFormer CEO of now-defunct cryptocurrency exchange FTX, Sam Bankman-Fried, will be extradited to the United States today.

According to NBC News, Bankman-Fried signed papers on December 20 that began his extradition process. The move was anticipated as he was said to have agreed in principle on Monday to being extradited to the U.S., despite earlier reports claiming he was planning to challenge extradition.
Binance Held Token Collateral And Customer Funds In The Same Wallet

The world’s largest exchange was caught in controversy earlier today after reports alleging the mixing of user funds with token reserves came out. Binance reportedly admitted to holding customer funds in the same account that holds the reserves for almost half of the Binance-peg tokens, also known as B-Tokens.

Binance 8 wallet held both reserves and user fundsAccording to a report by Bloomberg, the exchange held the reserves for nearly half of the 90 B Tokens in Binance 8, which is a cold wallet that also contains a considerable amount of customer funds. Data from Etherscan shows that this wallet currently holds over $10 billion worth of crypto tokens.

The data from the exchange’s official website provides a detailed breakdown of the holdings. As is evident from the listings, the tokens held in the cold wallet are more than the amount of B Tokens issued by the exchange, which indicates the mixing of token collateral with user funds.
Crypto Analyst Chris Burniske Sheds Light On Ethereum’s Price Performance Against Bitcoin

The cryptocurrency market kicked off 2023 on a promising foot, as assets like Bitcoin and other leading altcoins in the market recorded significant price gains.

However, the bullish momentum built in the past few weeks has yet to reflect a full recovery.

Now, a key player is giving an insight into what players should expect from the market as he puts Ethereum and Bitcoin into perspective.
Massive Shiba Inu Whale Accumulates 148,782,308,867 SHIB As the Dogecoin Rival’s Burn Rate Explodes Over 35,000%

A deep-pocketed crypto trader is accumulating hundreds of billions of Shiba Inu (SHIB) as the dog-themed meme asset sees a massive jump in its token-burning rate.

New data from whale-tracking platform WhaleStats reveals that user BlueWhale0073, one of the biggest Ethereum (ETH) whales in the world, has just snapped up 148,782,308,867 SHIB worth $1,651,483 at time of writing.
BRICS Leaders Set to Discuss Common Currency to Challenge US Dollar Dominance in Upcoming Summit

The BRICS nations are set to discuss the feasibility of a common currency at the upcoming leaders’ summit. “It’s a matter we must discuss and discuss properly,” a South African minister stressed, noting that a growing number of countries are saying: “Why can’t we trade in our own currencies? Why are we committed to trading through the dollar?”

BRICS Currency to Be Discussed at Upcoming Leaders’ SummitThe BRICS countries are planning to discuss the feasibility of introducing a common currency at their upcoming leaders’ summit, which will be hosted by South Africa on Aug. 22 in Johannesburg.
US Treasury Secretary Janet Yellen Urges Congress to Act Quickly on Debt Limit, States Defaulting Would Be ‘Unthinkable’

U.S. Treasury Secretary Janet Yellen has warned again about the consequences of the U.S. defaulting on its debt. During a press conference in Niigata, Japan, Yellen stated that this would be a self-inflicted crisis, and urged Congress to act quickly on the matter, stating that defaulting would be an unthinkable outcome on this issue.

US Treasury Secretary Janet Yellen Urges Congress to Act Quickly to Avoid Debt DefaultU.S. Treasury Secretary Janet Yellen has urged Congress to act quickly on the issue of raising the debt ceiling to avoid a possible debt default that would bring negative consequences for the economy of the country. In a press conference in Niigata, Japan, ahead of the G7 meeting of finance ministers and central bank governors, Yellen warned again about the terrible effects that such an event would cause.
Fuck memecoins, says PSYCHO. Yep, you heard that right. Here's why it got our attention:

• Provocative? Absolutely, PSYCHO ain't afraid to challenge the status quo.
• Strong community? 100%. Bunch of defiant spirits rallying behind the coin. Our kind of crowd.
Launched? May 29th
• Results so far? 750 holders, $3.5m market cap.
• CEX listing? First listing on MEXC today at 12pm UTC.
• Next CEXs? They are in contact with Bybit, Huobi, OKX
• Tokenomics? Crystal clear. 90% for DEX liquidity, 5% for CEX, 5% for the community. No BS.

DYOR, but from my side, this might be a massive pump. Don't forget to thank me later.

🧿 Rating: coinmarketcap
💰 Buy: uniswap, mexc
🐦 Follow: twitter
Australia-Based Lawyer Bill Morgan Tells Us Exactly Why June 13 Will Be A Monumental Day For Crypto

Australia-based attorney, Bill Morgan, has highlighted three upcoming events that are set to happen on the same day: June 13. Morgan thinks the said date will prove “monumental” for the crypto sector.

Important Events To Watch Out For On June 13Pro-XRP lawyer Bill Morgan observed that Binance is expected to file its response to the U.S. Securities and Exchange Commission’s (SEC) injunction for a temporary restraining order to freeze corporate assets, including cryptocurrencies, held by Binance.US.

The regulator and Binance.US are due back in court on June 13 regarding the matter — the same day the American entity of the global crypto exchange Binance says it will halt the use of fiat and transition to a crypto-only exchange.
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