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What is Ternoa and how can you buy CAPS?

Ternoa is a carbon neutral blockchain that is designed for minting NFTs. Specifically, it is a cross-chain NFT network and allows developers to build decentralised apps (dApps) and Web3 games on their network.

It is the first blockchain ecosystem that offers secure data encryption and transmission through the use of non-fungible tokens. As a result of this technology, users can gain full control over their private data, with the option of long-term storage of 20, 50, and even over 100 years.

Ternoa is powered by Polkadot, and it is one of the most promising cross-chain NFT networks in existence.

READ: AstridDAO announces partnership with Microsoft as they look to become the โ€˜dominant stablecoinโ€™

Their native token, CAPS, is listed on a number of exchanges, including Bybit, HotBit, Pancake Swap, and Gate.io.

It is one of the 1,000 largest tokens in the world by market cap, with it currently trading at around $0.01455 according to CoinMarketCap (CMC) data.

Earlier this month, Ternoa launched a staking feature for their native token which allows holders to earn up to 116 percent on their CAPS.

NAGAX launches crypto trading app, staking to be offered in the future

NAGAX is bringing its popular crypto trading hub to mobile users with the launch of its first Android and iOS apps today.

With them, NAGAX platform users will now be able to keep up to date on the latest cryptocurrency price fluctuations, trade, chat with other users and learn from anywhere through their mobile device. 

Crypto traders love NAGAX because itโ€™s one of the first-ever social trading platforms for the crypto markets. Social trading refers to a popular strategy among investors, where they simply copy the trades of other users, rather than spend hours trying to analyze where the market is going and generate a profit off their own back. 

NAGAX can be thought of as a trading platform crossed with Facebook, with its main feature being the NAGAX Feed, where any trader can post anything they want related to the markets, their trades and strategy, and discuss their favorite coins and stocks. 

Building on this social aspect is NAGAXโ€™s centerpiece Autocopy feature, which enables users to copy another userโ€™s trades with a zero slippage guarantee, for a flat fee of just $1. The idea with social trading is that it allows unprofitable traders to follow the strategy of seasoned users who do make regular profits from their trades. It means users can simply pay to succeed, rather than spend hours trying to analyze charts and trends.

The mobile version of NAGAX provides access to both of these features as well as more than 70 cryptocurrency trading pairs, plus additional markets such as stocks and derivatives. Users can open the app at any time and access their NAGAX Wallet, where they can manage their crypto assets and send and receive tokens to other wallet addresses.

Users can make a trade at any time through the NAGAX Exchange tab, whether theyโ€™re on the bus riding to work, drinking coffee in a cafe during their lunch break, or laying in bed about to sleep. Other features include a search function to quickly discover assets, and analysis charts that cover seven different time frames, designed to help users hone their trading strategies. 

Just like its main desktop trading platform, the NAGAX mobile apps also provides access to NAGAX Academy, which is home to a trove of educational material. Here, users can read about various cryptocurrency assets, discover new trading strategies and learn how to analyze price charts properly to spot signals. The Academy also explores other aspects of the blockchain economy such as DeFi, GameFi, the metaverse and NFTs. 

NAGAX said its goal with NAGAX Mobile is to build a user-friendly app that enables anyone to trade on the go. It will continue adding new features to the mobile version until it’s on a par with its comprehensive desktop app, with capabilities such as crypto staking set to be made available in the near future. 

Singapore Blockchain Fest attracts crypto and tech heavyweights

After a successful edition in Limassol, the Singapore Blockchain Fest led a real awakening of Asian and European leaders from DeFi, mining, payment systems and crypto exchanges for two rush days. It was one of the most anticipated crypto events in Singapore, taking place from June 2 to 3 at Marina Bay Sands. 

Attendees faced a unique earn-and-learn platform for the Asian crypto community to exchange insights and experiences, and pick up firsthand skills from market leaders with options for peer-to-peer communication.

One of the most vital aspects of the Singapore Blockchain Fest 2022 was the tremendous networking opportunities that the casual environment garnered. Participants got a chance to use networking lounges, expo spaces, conferences and workshop halls to represent themselves and get to know each other in a pleasant and comfortable format.

The producers of Blockchain Fest Singapore formed an exceptional agenda with renowned and respected speakers lined up for the event to bring up the hottest matters of the year: DeFi, the future of digital money and assets, governance and law, decentralized blockchain protocols and smart contracts, NFTs and Meta.

Here are just some of the topics and associated names:

NFTs

  • Alvin Leong โ€” Bybit NFT ambassador
  • Arvin Khamseh โ€” NFT marketing expert
  • Bobby Bhatia โ€” chief operating officer of Fellaz
  • Terence Ting โ€” Nex10 Labs founder and managing director
  • Adrian Jones โ€” founder of Yorze Group
  • Kishor M. โ€” founder of Crowd Fund Junction, CEO of Mad for NFTs
  • James Park โ€” co-founder and chief operating officer of Revolve Games

The future of blockchain 

  • Zennon Kapron โ€” director at Kapronasia
  • Jack Oโ€™Connor โ€” sales director ASEAN at Snowflake
  • Mike Chiam โ€” founding board member of Asia Blockchain Association, lawyer at PDLegal Advocates and Solicitors
  • Julian Hosp โ€” CEO of Cake DeFi

Governance and law

  • Ronald Wong โ€” director at Covenant Chambers
  • Andy Meehan โ€” chief compliance officer of Gemini APAC
  • Shaun Tham โ€” legal director at ChainUp
  • Collin Cheong โ€” director of corporate development at Coinhako

Women in blockchain

  • Belinda Lim โ€” co-founder of Avarta
  • Soh Wan Wei โ€” founder of Ikiguide Metaverse Collective
  • Megan Lee โ€” founder and CEO of Regtank Technology
  • Ida Mok โ€”founding president of WIBA 
  • Shu Hui Choo โ€” founder and CEO of Bedrock

The conference served as a platform for discussing the newest issues within the crypto spaceย  making up the modern dialogue between regulation authorities, businesses, developers and even startups.

The event was powered by cryptocurrency exchange ByBit, an online streaming service and sponsor of the eventโ€™s gala dinner. The grand sponsor of Blockchain Fest 2022 was Fireblocks.

Web3 NFT platform Fellaz, all-in-one blockchain solution suite ChainUp and digital asset bank JPex were the platinum sponsors. Some companies such as global digital asset platform Amber, crypto platform Coinstore, decentralized exchange AnchorSwap and CR Square Guardian Platform joined as gold sponsors.


What is IoTeX (IOTX) and how can you buy it?

IoTeX is an Internet of Things (IoT) crypto and blockchain project based in Silicon Valley.

The open-source project was launched in 2017 and founded by Dr Raullen Chai, who previously worked for Google and more recently Uber.

The project focuses on empowering the machine economy and leading the transition to Web3, in a way that benefits businesses and consumers alike.

In late 2021, IoTeX launched MachineFi, in a milestone achievement that caused the price of its token to surge to an all-time high and attracted thousands of new retail investors.

IoTeXโ€™s chief rival is IOTA โ€“ another open-source IoT blockchain project which was founded a short while prior to IoTeX.

What IOTX?

IOTX is IoTeXโ€™s native token, and it is currently ranked as the 108th largest cryptocurrency in the world by market capitalisation.

IOTX reached an all-time high of circa $0.23 in November 2021 following the launch of MachineFi.

READ: NY Attorney General warns investors are โ€˜losing billionsโ€™ in crypto

Its price has since dropped to $0.0349, according to CoinMarketCap data, as the crypto market as a whole has declined due to interest rate hikes (and the threat of further increases) and global political and economic uncertainty.

How can I buy IOTX?

IOTX is listed on a wide selection of centralised exchanges (CEX) and decentralised exchanges (DEX), including Binance, Huobi Global, Uniswap, and HitBTC.

It can only be purchased crypto-to-crypto, so youโ€™ll first need to exchange some fiat for USDT, Bitcoin, Ethereum or BUSD, and then trade this crypto for IOTX.

NY Attorney General warns investors are โ€˜losing billionsโ€™ in crypto

New York Attorney General Letitia James has warned that cryptocurrency investors are suffering catastrophic losses amid heightened market volatility.

Specifically, in an investor alertย published this week Thursday, AG James cautioned that crypto investors are โ€œlosing billionsโ€ and warned that even bluechip coins and tokens, such as Bitcoin (BTC) and Ethereum (ETC), can plummet.

She went on to warn that the cryptocurrency market is โ€œextremely unpredictable,โ€ adding that, โ€œJust last month, the market reached record lows and investors lost hundreds of billions.

READ: UKโ€™s FCA warns of โ€˜significant issuesโ€™ with stablecoins as it drafts regulation

โ€œNew Yorkers should be cautious and think twice before putting their hard-earned money into this unstable market.โ€

AG Jamesโ€™ warning comes amid New York pushing to to ban proof-of-work (PoW) crypto mining.

Should this bill get the approval of Governor Kathy Hochul, new mining operations will be banned, and existing mining operations with licenses will not be able to renew their permits under any circumstances.

This would affect BTC, as it is mined on a proof-of-work basis.

As of 4 June, Bitcoin is currently trading around $29,750 as per CoinMarketCap data, marginally up over the last seven days.

Ethereum, meanwhile, is changing hands at $1,780 and is slightly down over the last week.

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Cryptocurrency exchange: Phemex

Phemex is a Singapore-headquartered crypto derivatives trading platform. They offer perpetual contracts with up to 100x leverage on an impressive array of coins and tokens, such as Bitcoin (BTC), Ethereum (ETH) and Chainlink (LINK).

The exchange has over two million active users across the globe, and works with in excess of 30 integrated liquidity providers to ensure the smooth operation of trades, by always providing good market depth on both sides of a trade for all listed tokens.

Phemex was founded in 2019, by CEO Jack Tao. At the moment, the US Dollar is the only fiat currency supported by Phemex, but there are over 250 trading pairs to choose from on this exchange.

READ: UKโ€™s FCA warns of โ€˜significant issuesโ€™ with stablecoins as it drafts regulation

Phemex holds the mission of making everyone and not only experienced traders trade efficiently without taking any additional risk.

Phemex is run by eight ex-Morgan Stanley executives, and this exchange allows users to trade various perpetual contracts, such as ETHUSD, BTCUSD, XRPUSD, andย XTZUSD, with up to 100x leverage (though this leverage isn’t available to all users, for risk management reasons.)

Phemex allows crypto traders from all over the world to trade cryptocurrencies through a medium that is safe and not too complicated to navigate. The efficiency of Phemex is very high as it is rated at number 6 in the world in terms of daily trading volume.

Zerion unveils revolutionary ‘living’ NFTs as it releases smart mobile wallet

Zerion, the leading DeFi and NFT portfolio manager, is launching the first generative NFT linked directly to usersโ€™ on-chain activity. As users explore Web3, this Dynamic NFT Avatar โ€“ or DNA for short โ€“ will evolve with them based on their actions and the assets they own. 

โ€œWith our DNA NFT, users can express their web3 identities based on the tokens they own, networks they trade on, and communities they belong to,โ€ said Evgeny Yurtaev, CEO and co-founder at Zerion.

Based on a series of attributes, users will be able to mint an NFT when they create a Zerion wallet that represents their on-chain footprint across the 10 networks Zerion supports. Every additional action users take will alter their DNA.

This announcement comes alongside evolving into a Web3-native Wallet that enables users to sign transactions within their mobile app, trade across 10 networks, and connect directly to any decentralized application in a few taps.

Starting today, users can create a stand-alone crypto wallet with Zerion or import existing wallets like MetaMask or Coinbase Wallet, with no limit to the number of private keys supported on the app.

Wallets can be grouped, allowing users to manage their entire Web3 portfolios, from DeFi tokens to NFTs, all in one place without having to manually add assets or constantly switch between different wallets.

โ€œItโ€™s still difficult to make crypto transactions on your phone, especially across different chains,โ€ says Evgeny Yurtaev, CEO and co-founder at Zerion. โ€œ The Zerion Smart Wallet scans every decentralized exchange on the market to make mobile trading accessible, affordable and easy for the next billion Web3 explorers.โ€

Before launching its wallet, Zerion conducted security audits with the two of the leading blockchain security firms, Secfault and Cure53 who both concluded that the companyโ€™s code base was safe and secure. 

Since raising its latest round of funding in July 2021, the Zerion team has been working on turning the product into the primary interface for Web3.

Theyโ€™ve made it easier for users toย see the value of their NFTs,ย bridge acrossย blockchain networks and invest in hundreds of protocols. Zerion was recently named one of theย 50 most promising startups in 2022ย by The Information.

To date, Zerion measures 220K monthly active users, has integrated over 500 protocols across 10 networks and has processed over $1.2B in transactions.

About Zerion

Zerion is a web3 smart wallet and investing tool that enables anyone with a mobile phone to manage their DeFi and NFT portfolios. With a relentless focus on user-centered design and a technology stack that aggregates across every major wallet, network and decentralized exchange, users are offered a single point of entry for managing their digital assets, including NFTs. Zerion is non-custodial, which means users never delegate their funds to the platform. This agile approach mitigates centralization risk and has allowed Zerion to operate globally since inception.

The company was founded in 2016 by Evgeny Yurtaev (CEO), Alexey Bashlykov (CTO) and Vadim Koleoshkin (COO) with the mission to empower more people around the world with efficient, permissionless and transparent financial services.

They raised their seed round in 2019 and Series A in 2021. Since then, Zerion has built an award-winning interface that serves more than 200K monthly active users from over 150 countries. Zerion has processed over $1B in transaction volume, seeing $5M traded per day on average with a median trade size of $1,000. To learn more, visit theirย websiteย or follow the company onย Twitter.


AstridDAO announces partnership with Microsoft as they look to become the ‘dominant stablecoin’

Exciting news from the Astar ecosystem. The project AstridDAO being built on Astar has officially announced a partnership with Microsoft. This partnership has huge implications for the ecosystem as a whole. Microsoft, a powerhouse of innovation, brings its resources and technology to AstridDAO. Endorsing and coaching the project shows that the tech giants are paying attention to Astar and the projects being built on the network.

AstridDAO is a decentralized money market with a fully backed stablecoin, BAI, which is hard-pegged to the US Dollar.

Microsoft welcomes AstridDAO to theย Microsoft for Startupsย program. This partnership accelerates business development and growth removing the traditional barriers involved in building a company. Bringing AstridDAO access to technology, coaching and marketing which competitors and other companies do now have access to.

Microsoft will be providing AstridDAO with up to $350,000 of benefits through Github Enterprise, Microsoft Teams and Azure credits. Keep your eyes on AstridDAO, the future is looking very bright for the company.

This partnership from Microsoft signifies AstridDAO as being backed by one of the most innovative tech-driven companies in history. 

AstridDAO team shares: โ€œWe are super excited to join the Microsoft for Startups program! With incredible resources sponsored by Microsoft, we will ensure AstridDAO can better serve the community and facilitate BAI to become the dominant native stablecoin for the whole Astar and Polkadot ecosystem.โ€

If you havenโ€™t been paying attention to Astar and the ecosystem as a whole, take this as a sign to start. This network has shown time and time again that they are innovating and building the future of blockchain technology. Microsoft partnering and becoming involved in the network is yet another signal that Astar is an ecosystem you need to keep your eyes on.

About AstridDAO

AstridDAO is a decentralized money market protocol and multi-collateral stablecoin built on Astar and the Polkadot ecosystem, allowing users to borrow BAI, a stablecoin hard-pegged to USD against risk assets at 0% interest and minimum collateral ratio. This mechanism enables users to leverage the value in their risk assets, including ASTR, BTC, ETH, and DOT without selling them.


BitMart announces launch of new NFT marketplace

BitMartย has announced the latest addition to its diverse offerings for retail and professional traders alike: an exclusive nonfungible token (NFT) marketplace.

With a focus on a streamlined and luxurious user experience, BitMartโ€™s venture into the NFT space seeks to set the standard in the accessibility and quality of NFTs, including prizes and giveaways, with a growing user base.

To celebrate this launch with the world, BitMart is announcing that all transactions on the NFT marketplace will feature zero fees for a limited time.

Current BitMart users can alsoย claimย a free NFT for being loyal BitMartians and supporting the exchange as it grows. These will be cool to display and collect, and collectors can rest assured that every NFT is 100% verified and authentic from projects currently partnered with BitMart.

READ: UKโ€™s FCA warns of โ€˜significant issuesโ€™ with stablecoins as it drafts regulation

With a curated list of 10-plus projects, BitMart has prioritized an exclusive platform that gives users a white-glove listing of NFTs at competitive prices.

Donโ€™t have a BitMart account yet? Register today to launch a crypto journey as soon as possible.

For a deeper dive into how to use the marketplace, browse the user guide. Otherwise, traders and investors should mark their calendars for June 6 so they donโ€™t miss out on this NFT experience.

About BitMart

BitMartย is the premier global digital asset trading platform. With more than 9 million users worldwide and ranked among the top crypto exchanges on CoinGecko, it currently offers 1,000-plus trading pairs with one of the lowest trading fees in the industry.

A constantly evolving and growing platform, BitMart is interested in cryptoโ€™s potential to drive innovation. To learn more about BitMart, visit itsย website, follow itsย Twitterย or join itsย Telegramย for updates, news and promotions. Download theย BitMart appย to trade crypto anytime, anywhere easily.


OpenSea launches Web3 marketplace protocol to allow users to barter NFTs

NFT marketplace OpenSea has announced this week the launch of a Web3 marketplace protocol that will allow users to barter non-fungible tokens with one another.

OpenSea unveiled its new marketplace protocol, called Seaport, on Friday.

They stressed that โ€œOpenSea does not control or operate the Seaport protocol โ€” we will be just one, among many, building on top of this shared protocol.โ€

The NFT marketplace added that, โ€œAs adoption grows and developers create new evolving use-cases, we are all responsible for keeping each other safe.โ€

The new marketplace protocol will allow users to โ€œagree to supply a number of ETH / ERC20 / ERC721 / ERC1155 itemsโ€ in exchange for NFTs, as it allows users to barter NFTs instead of just paying for them with Ether, for example.

READ: UKโ€™s FCA warns of โ€˜significant issuesโ€™ with stablecoins as it drafts regulation

Furthermore, Seaport market participants can specify criteria such as certain traits on NFT artwork or pieces part of a collection they want when making offers.

In the announcement, OpenSea revealed that they will allow tipping, but the amount tipped cannot be larger than the initial offer/purchase price.

This development comes after OpenSea announced last month that it had acquired NFT marketplace aggregator Gem, which they said would continue to operate as a stand-alone product rather than being consumed by OpenSea.

However, OpenSea said they are planning to integrate Gem features, including rarity-based rankings, into their own NFT marketplace.

OpenSea was launched in 2017, and it is currently one of the most popular NFT marketplaces in the world by monthly transaction volume.

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