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XRP, the native token of the Ripple network, has reportedly surpassed Bitcoin in trading volume on the weekly average. The digital asset, following a significant legal win last week, now claims 21% of all cryptocurrency trade volume over the last week. This achievement is just one of many in Ripple’s recent journey in the spotlight. Ripple’s presence in the news lately owes to a landmark court decision in its favor. The United States Securities and Exchange Commission (SEC) had initially taken legal action against the firm, accusing it of selling unregistered securities. However, a federal judge in New York has recently declared that XRP is only security when sold directly to institutional investors under specific written contracts. And when the token was sold to retail investors on crypto exchanges, it is not deemed a security. This verdict led to major cryptocurrency exchanges relisting XRP, causing a subsequent surge in demand and trading volume. Ripple Through The Market Last week’s court decision catalyzed a rally for XRP, as its price experienced an approximate 65% increase. The relisting on various platforms, following the victory in court, ignited significant interest in the token and pushed trading volumes to new heights. However, it is worth noting that XRP has experienced a 20% drop in value after reaching its recent peak. Yet, this has not seemed to have put a damper on the market sentiment for XRP. The recent spike in weekly trading volume highlights the increased interest and activity surrounding the token. Over the past 7 days, XRP has seen a surge of 59.4% in both its market cap and price. XRP market capitalization has spiked from a cap low of $25 billion earlier last week to as high as over $39 billion as of today. In addition, the asset’s price has also moved from as low as $0.47 earlier last week to trade above the $0.74 mark at the time of writing. The token’s present value translates to an increase of nearly 3% for the digital asset in the past 24 hours. Bitcoin’s Stumble Bitcoin, on the other hand, appears to have hit a stumbling block. Despite multiple attempts, Bitcoin has struggled to push past the $30,000 mark. Although Bitcoin remains a leading actor in the cryptocurrency market, XRP’s recent surge in weekly trading volume has momentarily eclipsed Bitcoin’s longstanding volume dominance. Over the past 24 hours, Bitcoin has surpassed and also slipped below the $30,000 mark. Particularly, the largest asset by market capitalization currently has a 24-hour high of $30,290 and a 24-hour low of $29,792. This price action has shown how the asset has thrived to break above the $30,000 resistance. Meanwhile, in the past few days, BTC’s market cap has seen a decline of over $30 billion. The asset’s market cap has plunged from $591 billion seen last Tuesday to a valuation of approximately $579 billion, as of today. Featured image from Unsplash, Chart from TradingView
 
Firm Celebrates Eight Year Anniversary in July After Raising $550M in the Last 18 Months NEW YORK–(BUSINESS WIRE)–#158M—CoinFund, a leading cryptonative investment firm and registered investment adviser, today announces the close of $158 million (M) CoinFund Seed IV Fund LP (“Seed IV” or “The Fund”), backed by a combination of sophisticated institutional investors, family offices, and high net worth individuals. CoinFund Seed IV LP exceeded its initial target fundraising goal of $125M. The Fund will support pre-seed and seed stage investments in new and ambitious founding teams across the web3 ecosystem. The CoinFund team is proud to head into its ninth investment year after raising over $550M in the last 18 months across venture and liquid investment strategies. Founded in 2015 at a Brooklyn kitchen table by Highbridge Capital Management and Amazon alum Jake Brukhman, and later joined by co-founder and American Capital alum Alex Felix, CoinFund is now supported by a world class interdisciplinary global team of nearly 30 people with more than 100 investments across six investment vehicles. In the face of reported industry headwinds, the most recent Fund is emblematic of CoinFund’s commitment to steward thoughtful, long-term investment in blockchain technology with a clear, yet non-consensus view of how next generation applications will be built on web3 rails. “As CoinFund enters its ninth year, we continue to raise the bar for ourselves, our investors, and our portfolio companies,” said CEO and Co-Founder, Jake Brukhman. “Our investors have shown deep confidence in our people and strategy by continuing to allocate capital to our products in a bear market. Over the last two years, we’ve built a truly institutional grade firm, the model of a large professional manager in web3. On the portfolio side, we are more bullish on the industry than ever and continue to invest in platform resources and personnel to help navigate a nascent and sometimes opaque category and support the growth of each portfolio company. CoinFund is proud to identify and back emergent teams and technologies before they trend.” In addition to the close of Seed IV, CoinFund is proud to announce a new mission and vision for the firm: CoinFund champions the leaders of the new internet – powered by foresight as active investors to achieve extraordinary results. The mission statement will anchor operations and developing brand work as the firm amplifies its story among leading entrepreneurs and crypto talent and builds out post-investment services for its portfolio companies. Speaking to CoinFund’s mission, CIO and Co-Founder Alex Felix said, “Being a champion is more than writing a check. It’s being present, celebrating and promoting the smaller, everyday efforts that ultimately lead to significant achievements and large outcomes. And we do this for more than just our entrepreneurs. We are in service to the crypto ecosystem, the leaders of the new internet, pursuing ideal conditions for founders to flourish and their technologies to thrive by unlocking our networks and fostering education.” In the last month alone, CoinFund has announced investments in Cloudburst Technologies’ cyberthreat intelligence for digital currency fraud; ML compute protocol Gensyn; Giza, an AI platform for smart contracts and web3 protocols; Cosmos layer 1 blockchain Neutron; and Robert Leshner’s Superstate, building blockchain-based financial products. The formidable CoinFund investment team focused on deploying this capital into seed-stage deals is led by Managing Partners Jake Brukhman (focus areas currently include decentralization technologies and infrastructure, AI x web3); Alex Felix (marketplaces, infrastructure, financial services); Seth Ginns (cross-vertical liquid investing); David Pakman (NFTs, consumer, infrastructure) and Chris Perkins (financial convergence, tokenization, CeFi.) The Investment team includes Vangelis Andrikopolous, Austin Barack, Einar Braathen, Evan Feng, Christian Murray, Rishin Sharma and Isaiah Washington. Areas of expertise include ZK/ML/AI; DeFi; Layer 2s; consumer services, gaming, NFTs and DAOs; infrastructure including nodes, security, analytics, middleware, interoperability and scalability, and emerging markets. 2023 has also been a year of exciting organizational developments and growth for CoinFund, further evidenced by its recent appointments of Dilveer Vahali as Head of Venture Legal, Jules Mossler as Head of Marketing & Communications and Jenna Pilgrim as Head of Platform. The firm continues to seek talented investors; applicants may visit the CoinFund job board for more information on CoinFund and portfolio company roles. The close of Seed IV comes after the recent announcement of CESR, the composite ether staking rate, announced by CoinFund in collaboration with CoinDesk Indices. CESR is a global floating rate benchmark derived from the daily transaction fees and staking rewards emitted from the Ethereum Proof of Stake (PoS) blockchain, enabling the proliferation of loans, bonds, futures, swaps, other derivative products and financial instruments that reference the index. By playing a fundamental role in the building of the web3 economy, CESR is a key example of CoinFund’s continued investment in and support for the growth and maturity of web3 and its mainstream convergence. — ENDS — About CoinFund CoinFund is a web3 and crypto focused investment firm and registered investment adviser founded in 2015 with the goal of shaping the global transition to web3. The firm invests in seed, venture and liquid opportunities within the blockchain sector with a focus on digital assets, decentralization technologies, and key enabling infrastructure. The CoinFund team has studied and supported the development of the blockchain space from the inception of the first decentralized networks, and come from diverse backgrounds in investing, engineering, computer science and law. For more information, including a list of portfolio companies, please visit coinfund.io. Contacts Orlagh Lyons [email protected]
 
ETH locked in the ETH 2.0 deposit contract reaches a new peak of 25,937,766 ETH Despite some validators withdrawing, many continue to deposit or increase their ETH holdings The number of nonzero wallets for ETH hits an all-time high of 102,913,926, According to analytics firm Glassnode, there has been a notable surge in the amount of Ethereum locked in the ETH 2.0 deposit contract, reaching a new peak of 25,937,766 ETH. This milestone was previously achieved after the Shanghai upgrade in April, allowing withdrawals from the ETH 2.0 deposit contract. Validators continue to stake Ethereum Despite some validators withdrawing their funds, many continued to deposit or increase their Ethereum holdings in the staking contract. This surge in deposits reflects a high level of confidence in the future potential of Ethereum and the opportunities it presents for validators, dApp builders, and other users. Alongside the record-breaking Ethereum deposits, there have been other notable achievements, such as the number of nonzero wallets for ETH reaching an all-time high of 102,913,926. The growing gas usage, measured as a 7-day moving average, has also seen a notable increase, reaching a one-month high of 48,074.464. This indicates a rise in activity on the Ethereum network, the second-largest blockchain platform. Notably, the upward trend in Ethereum fees this year can be attributed to the popularity of meme coins like PEPE, Shiba Inu, LADYS, and others. The surge in gas usage demonstrates increased engagement and transactions taking place within the Ethereum ecosystem.
 
Despite Bitcoin’s current struggle to surpass the $30,000 mark, data analytics firm Glassnode earlier today reported that the asset’s realized capitalization has since been on an upward trajectory, nearing the $400 billion mark. Bitcoin Realized Cap Nears $400 Billion According to Data analytics firm Glassnode, Bitcoin’s Realized Cap is now inching closer to $400 billion, showing that new capital is continuously entering the market despite the year’s ups and downs. Related Reading: Standard Chartered Raises Bitcoin Forecast To $120,000, Citing Miners’ Reduced Selling Bitcoin’s Realized Cap represents the total value of all BTC at the price they were last moved or transacted, indicating the cost basis of holders. When this metric rises, it reveals that BTC is being traded at progressively higher prices, which suggests an increase in demand. Glassnode reported that the increase in BTC’s realized cap signals the consistent influx of capital into the asset throughout the year 2023. This steady inflow represents a stable investment climate surrounding Bitcoin, despite its recent price fluctuations. Furthermore, Glassnode’s assessment of the ascending realized cap is indicative of a broader trend in the cryptocurrency market. The data analytics firms said, “It signals that coins are changing hands at higher prices on net,” – a phenomenon that underlines a rising demand for Bitcoin. It is worth noting that this recorded increasing demand for Bitcoin comes at a time the asset might have flashed a hope of bullish moves following the surge in Spot Bitcoin ETF filings and financial giants such as BlackRock embracing the largest asset by market cap. BTC Struggles To Push Past $30,000 Meanwhile, as Bitcoin realized’s cap is approaching $400 billion, the asset has struggled to make a significant move above the $30,000 mark. Over the past 24 hours alone, the BTC price has traded both below and above the $30,000 mark, suggesting a level of consolidation at this point. Particularly, the asset currently has a 24-hour high of $30,292 and a 24-hour low of $29,792, at the time of writing. However, regardless of that, BTC is currently down by only a slight dip of 1% in the last 24 hours with a trading price of $29,882. This latest price action follows Bitcoin’s quick spike which was seen last week on July 13. This surge brought Bitcoin price to trade even above the $31,000 mark before briefly slipping below $30,000. Over the past few days, however, a total of more than $30 billion has been removed from the BTC market cap. The asset’s market cap has plunged from a high of $614 billion seen on July 13 to $583 billion, as of today. Additionally, BTC trading volume has also declined in the past week indicating less trading activity. Featured image from iStock, Chart from TradingView
 
After the launch of the mainnet on May 3, the SUI token fell into a deep downtrend, which has caused the price to drop by more than 87%. Low user numbers and poor on-chain data have severely clouded the outlook. However, a few days ago, there was a surprise that gave a big boost to the SUI price. The SUI network made waves in the crypto space by surpassing its competitor Solana in daily transactions. However, with a sudden record of 29 million transactions in 24 hours, SUI has left many crypto enthusiasts questioning the validity and sustainability of this sudden surge. Renowned analyst and crypto whale Andrew Kang, known for his insightful commentary, has raised concerns about the authenticity of these transactions, suggesting that SUI may be artificially inflating its numbers. Kang writes today: Is SUI Still Worth Buying? As Kang argues, the question is: Are the numbers legitimate and can drive a sustainable upward trend, or will the hype quickly die down because of fake numbers? The recent surge in transactions can be primarily attributed to the introduction of the on-chain game, “Sui 8192.” Developed by the team behind the wallet provider, Ethos Wallet, this casual game has captured the attention of users with its gameplay reminiscent of the classic puzzle game “2048.” Each move within the game triggers a transaction, resulting in the state of the game being recorded on the blockchain. With the integration of a pre-approval mechanism in Ethos Wallet, players can optimize their gameplay experience by setting a token amount before each game. It’s Important to know that the SUI Foundation has allocated $5 million to further stimulate activity within the game, offering players the opportunity to earn rewards in the form of SUI tokens by competing against others or completing tasks. However, this could call into question the sustainability of this increase in transaction activity. Perhaps the game is only experiencing a short hype at the moment because players want to grab the free tokens. Once the marketing budget is exhausted, the hype could quickly be over. SUI traders and investors should therefore be cautious. Prior to this transaction surge, the project had been marred by negative headlines, including allegations of suspicious token movements, concerns about venture capital influence, and opaque tokenomics. These controversies have left some investors wary of the project’s long-term prospects. Price Analysis However, as stated by Kang, the SUI chart looks promising at the moment. The price has broken out of the downward trend that existed since the mainnet launch. The bulls also managed to defend the 23.6 Fibonacci retracement level in a retest. Currently, the price is contending with the 38.2% retracement level at $0.76. If it manages to break above this resistance, $0.84 and $0.92 could be the next price target.
 
Examines Recent Regulatory Initiatives in South Korea, Singapore and Hong Kong and is available for Download Now ZUG, Switzerland–(BUSINESS WIRE)–#DeFi—Polymesh Association, the leader in real world asset tokenization and blockchain technology for capital markets, today published its report on Regulatory Developments in Digital Assets: APAC – 2023, which examines recent regulatory initiatives in South Korea, Singapore and Hong Kong and provides compelling insights for organizations and professionals involved in the digital asset economy in the Asia Pacific Region. Regulators around the world are racing to implement rules for the volatile digital assets sector post FTX collapse, Terra Luna meltdown and other high-profile failures. And now with the SEC lawsuits in the U.S. against the sector’s two largest retail trading platforms, Binance and Coinbase, the industry finds itself in an historic moment. Against this backdrop, however, there are bright spots, where regulators around the world are working toward building new frameworks to provide clarity and understandable rules of the road for the digital assets industry. “In April, we saw the European Union lead the world with the landmark MiCA regulatory framework,” said Graeme Moore, Head of Tokenization, Polymesh Association. “Notably, the demand for clear, efficient regulatory frameworks that do not stifle innovation are also emerging from the Asia Pacific Region, particularly in South Korea, Singapore and Hong Kong. Unfortunately, the industry’s entire future in the U.S. is at risk due to repeated enforcement actions without any initiatives on how the industry can move forward. Ultimately, this will prompt innovators and possibly the entire digital asset industry to move overseas.” Report highlights include: Noteworthy developments across three regions – South Korea, Singapore and Hong Kong Asia Pacific Region’s changing attitudes towards crypto regulation South Korea’s institutionalization of cryptocurrency and legalization of security tokens offerings (STOs) Singapore’s Payment Services Act, the position of the Monetary Authority of Singapore (MAS) and view of utility tokens, stablecoins, and security tokens Hong Kong’s new rules lending credibility to the crypto sector “Regulatory Developments in Digital Assets: APAC – 2023” is available for free download here. About Polymesh Polymesh is an institutional–grade permissioned blockchain built specifically for regulated assets. It streamlines antiquated processes and opens the door to new financial instruments by solving challenges around governance, identity, compliance, confidentiality, and settlement. To learn more, visit: https://polymesh.network Contacts Press Graeme Moore [email protected]
 
Expands Ecosystem With Support From World-Class Brands Including SAP and Imperva to Deliver Compelling Value to Joint Customers SANTA CLARA, Calif.–(BUSINESS WIRE)–Fortanix® Inc., the innovative multi-cloud data security company and the pioneer of Confidential Computing, today announced significant new wins across categories, as well as expansion of its ecosystem with its new Fortanix Data Masking and Tokenization Solution, the industry’s first SaaS offering of its kind powered by confidential computing. This solution addresses the escalating concerns around data breaches and expanding data privacy regulations faced by organizations worldwide. In addition, Fortanix has expanded its ecosystem to support the solution. Built as a seamless extension to Fortanix’s Data Security Manager (DSM) platform, the company’s Data Masking and Tokenization Solution further cements Fortanix as an industry leader in data security; it allows existing SaaS key management customers to embrace data masking and tokenization while allowing new customers to start off with that as a standalone use-case. The benefits from the platform approach deliver greater business agility without compromising on security. The product’s hallmark simplicity and scale serve as an “easy button” for integration into different cloud and application vendor solutions to make the entire value chain more seamless. Fortanix’s differentiated solution has resulted in several marquee wins. A leading Global 500 luxury car manufacturer purchased the solution following significant due diligence to improve productivity and reduce business risk to secure industry-specific and customer data in their own private cloud. A Fortune 500 global logistics and delivery company turned to Fortanix for its data security modernization initiative to reduce its on-premises footprint and fortify security with a unified platform. And a leading U.S. financial institution has adopted Fortanix’s SaaS solution to secure sensitive data at the application level before moving data to the cloud. Data proliferation is a major challenge for the enterprise. The complexity of managing it and preventing communication in clear text or through unsanctioned channels is not easy due to the fragmentation of the security stack, siloed teams and global disparities in regulatory requirements. The Fortanix solution addresses these challenges head-on, making it easy to mask and tokenize sensitive data across multiple sources while adhering to disparate regulatory requirements and driving compliance. “Our goal is to remove the mask off complexity and place it on data instead. The Fortanix SaaS solution is not just an industry-first – it’s also built on the foundation of confidential computing that makes it inherently secure compared to anything else out there. It can truly become an easy button to secure sensitive data,” said Anand Kashyap, CEO and co-founder of Fortanix. “I encourage CISOs, chief data officers, and application teams to test drive this and experience first-hand how easy it is to anonymize sensitive data and PII data to reduce the impact of data breaches and enable safe data sharing and use across the enterprise.” Ecosystem Partner Endorsements The innovative solution is already being used by some of the world’s technology leaders, including strategic partners like SAP bringing in support for tokenization and detokenization scenarios within SAP Data Custodian, an add-on for SAP S/4 HANA. The integration allows SAP customers to de-identify sensitive and business-critical data across their ERP solutions to meet data privacy regulations and minimize data exposure. “We are seeing an increased need among SAP customers to encrypt sensitive PII data leveraging our tokenization solution,” said Dr. Wasif Gilani, Head | CPO SAP Data Custodian. “We are excited to partner with Fortanix to help our SAP Data Custodian customers to secure their private and regulated data across the hybrid, multi-cloud IT landscape.” “We built the Imperva and Fortanix data security partnership to help our mutual customers discover, classify, and secure their sensitive data – wherever it resides. With Imperva Data Security Fabric working with Fortanix Data Security Manager, our customers can enforce compliance and data privacy measures to tokenize and encrypt sensitive data at rest and in use,” said Dan Neault, SVP & GM Imperva Data Security Business. “This end-to-end data protection capability helps our customers prevent sensitive data exposure and adhere to privacy laws, while realizing the greatest value from their data. It is exactly what our customers have been asking for.” Building On Fortanix’s Mission to Secure Data Wherever It Is The Fortanix Data Security Manager Platform keeps sensitive data across the enterprise secure, private, and compliant. The unified data security and privacy platform centralizes the administration of crypto operations from a single SaaS console, so organizations can mitigate data exposure risk, adhere to data privacy laws and regulations, and scale operations to support business needs. In addition to the full featured DSM Enterprise edition, smaller mid-market enterprises could also use Fortanix DSM Explorer, the “free tier” version of the company’s SaaS offering. The Fortanix Tokenization offering brings in highly innovative capabilities including the ability to: Consolidate and unify administration of keys, tokens and policies across hybrid, multi-cloud IT infrastructure with a single integrated platform to unify and secure crypto operations. Manage keys with granular role-based access control (RBAC) and Quorum Approval to mitigate risk using Zero Trust principles and store keys in FIPS 140-2 Level 3 HSMs to fortify operations. Implement and enforce administrative safeguards to adhere to various data laws and regulations across global regions. Apply format-preserving encryption (FPE) early to secure data upon generation or ingestion so it can travel safely across the enterprise. Guarantee reliable operations with SaaS deployment and elastic scalability to accelerate innovation without compromising data confidentiality. Counteract low latency with Fortanix’s DSM accelerator to enable high-performance processing of transactions for low-latency applications. The Fortanix Mask-arade Event Join Fortanix executives and partners on Thursday, July 27 at 11 am PT / 2 pm ET in a free informative event that encourages you to put the mask on data and shows you how easy it is to tokenize sensitive data. Register here. Additional Resources: Blog 5 Reasons to Join the Fortanix Mask-arade Solution Brief Fortanix Data Masking and Tokenization Solution About Fortanix Fortanix secures data wherever it is. Fortanix’s data-first approach helps businesses modernize their security solutions on-premises, in the cloud, and everywhere in between. Enterprises worldwide, especially in privacy-sensitive industries like healthcare, fintech, financial services, government, and retail, trust Fortanix for data security, privacy, and compliance. Fortanix investors include Goldman Sachs, Foundation Capital, Intel Capital, In-Q-Tel, Neotribe Ventures, and GiantLeap Capital. Fortanix is headquartered in Santa Clara, CA. For more information, visit https://www.fortanix.com. Contacts BOCA Communications for Fortanix [email protected]
 
CALGARY, Alberta–(BUSINESS WIRE)–Tetra Trust Company (Tetra), a leading provider of compliant and regulated digital asset custody solutions, is thrilled to announce the release of the first version of the Tetra Custody API. This new API solution provides users with enhanced data access and automation capabilities, catering to the evolving needs of customers in the digital asset space. With the release of this API, Tetra’s commitment to seamless integrations sets a new industry standard for regulated custody services in Canada. The initial version of the API introduces essential endpoints that will lay the foundation for a seamless and transparent user experience, enabling customers to monitor and manage their assets with ease. With plans to provide additional endpoints throughout Q3 and beyond, Tetra is dedicated to continuous innovation and expansion that will provide customers with even greater control over their digital assets. Through the release of the Custody API, Tetra has expanded its service offerings, solidifying its position as a market leader in the Canadian custody space. “Our goal at Tetra is to provide our clients with the highest standard of digital asset custody solutions,” said Didier Lavallée, CEO at Tetra. “The launch of our Custody API signifies a significant milestone in our journey to simplify and enhance the user experience through automation.” Tetra’s Custody API Solution represents the future of compliant and regulated digital asset custody in Canada. With robust security measures, advanced automation capabilities, and streamlined data access, Tetra is spearheading a new era of custody services. By advancing compliant and regulated solutions, all while focusing on innovation and customer centric solutions, Tetra continues to set the standard for digital asset custody in Canada. For more information about Tetra Trust Company and the Custody API Solution, please visit tetratrust.com or contact [email protected]. Contacts [email protected]
 
The Cross-Chain Interoperability Protocol (CCIP), designed for building cross-chain applications and services, has now launched for early access users on the Avalanche, Ethereum, Optimism, and Polygon blockchains. On July 20, the Chainlink protocol will become available to developers across the four blockchains’ testnets and also Arbitrum’s Goerli. As a result of this, the price of Chainlink’s native token, LINK, rallied nearly 10% to touch $7.30 following this announcement on Monday. Chainlink’s CCIP – The Future Of Interoperability? In a blog post dated July 17, Chainlink announced the launch of the Cross-Chain Interoperability Protocol to early access users on Avalanche, Ethereum, Optimism, and Polygon blockchains. While DeFi lending protocol Aave is set to integrate the protocol, it has already been adopted on the derivatives platform Synthetix. Related Reading: Bitcoin Price Needs To Clear $30,500 For Hopes of a Fresh Rally According to the post, CCIP is an interoperability protocol that allows developers to design their own cross-chain solutions. It also offers “Simplified Token Transfers”, which allows protocols to swiftly send tokens across chains through audited token pool contracts. Chainlink claims that CCIP is a blockchain layer designed to foster a connection between enterprises and any public or private blockchain ecosystem. The cross-chain protocol is a collaborative effort with Swift, the renowned global financial messaging network. It leverages Swift’s messaging infrastructure to facilitate token transfers across various public and private blockchains. According to Chainlink’s co-founder Sergey Nazarov, CCIP is a solution that aims to “connect the fragmented public blockchain landscape and the growing bank ecosystem into a single Internet of Contracts.” He also stated that such technology will be crucial to developing and maintaining a blockchain-powered society. Some of the financial institutions and enterprises also exploring the Cross-Chain Interoperability Protocol include Australia and New Zealand Banking Group (ANZ), BNP Paribas, BNY Mellon, Citi, Euroclear, and Lloyds Banking Group. Chainlink (LINK) Up By 35% In One Month – Price Overview Following the announcement of the CCIP launch, the price of LINK experienced a significant pump, recording an almost 10% increase in the early hours of Tuesday. However, the token’s price appears to be slowing down, losing over 2% since reaching a 24-hour high of $7.29. As of this writing, LINK is valued at $7.12, with a 7.3% increase in the last day. CoinGecko data shows that the cryptocurrency has a daily trading volume of roughly $549.8 million, representing a 219% boost in the last 24 hours. Related Reading: LINK Price Prediction: Chainlink Rallies Over 7% As The Bulls Aim $8.8 A broader look at the Chainlink market reveals that the LINK price has been on an upward trajectory in recent weeks. Thanks to this bullish momentum, the token has gained about 35% in the past month.
 
Following the rise of the Decentralized Finance (DeFi) ecosystem, the war on which Layer-1 platform will emerge victorious has been waging on for some time. While Ethereum is still the frontrunner with a market cap of $239 million according to Coingecko, alternative Layer-1 chains such as Binance Chain (BNB), Avalanche, and the new kid on the block, Metatime’s flagship hybrid network Metachain, are hot on its heels. But with all the development going on, it can be hard to decipher which Layer-1 ecosystem will carry the day. For context, the current market cap of Layer-1 chains stands at $944 million, which translates to over 70% of the entire crypto market cap. Obviously, Bitcoin remains the undisputed king, but the dilemma lies in the smart contract building environment, where so-called ‘futuristic’ blockchains are popping up every other day. So, how can an interested investor or Web3 user go about scanning potential Layer-1 projects? Of course, there are many ways to identify value-oriented innovations in any market, but for the crypto ecosystem in particular, one approach is proving to be quite successful: tracking patents and analyzing in detail the underlying opportunity. Web3 Patents: The Key to Spotting Value Although a controversial topic that has previously pitted Ethereum’s Founder, Vitalik Buterin, against prominent figures in the crypto industry such as Craig Wright, the most prudent thing for any innovator in today’s digital age is to secure their intellectual property. However, Vitalik holds a different opinion, stating that blockchain patents don’t really matter in the crypto space. But does his argument really hold water? To some extent, yes and no. The main idea behind blockchain technology is to introduce distributed platforms that are owned and run by the public, in this case, a decentralized community. However, when you consider the different applications and their unique value, it becomes evident that patents are indeed necessary, even in the crypto industry. And what better way to leverage the publicly available patent information than to track or identify the next big thing? While there are over 10,000 blockchain patents globally, spanning innovations in the Layer-1 ecosystem, only a handful will materialize into massively adopted innovations. Layer-1 Ecosystems with Real Value As mentioned in the introduction, Ethereum’s dominance is currently being challenged by several Layer-1 chains that offer a superior value proposition in factors such as transaction speed and costs. But before diving into some of these Layer-1 ecosystems that have patented their niche products, it is worth noting that Consensus, the provider for the blockchain development suite Infura and the digital wallet Metamask, is among the significant players building on Ethereum who have applied for over 3 patents in the topics of cryptography, cryptocurrencies, and alternative currencies. As for the Layer-1 ecosystem, Avalanche, which emerged as a serious challenger to Ethereum, touts 8 patents filed through its parent company, Ava Labs. What’s noteworthy about this Layer-1 chain founded by Turkish-American scientist Emin Gün Sirer is that it can facilitate up to 4,500 transactions per second (tps). This is possible because of Avalanche’s novel algorithm which leverages randomized voting to enhance the speed of transaction confirmation. While the ongoing bear market has not spared Avalanche’s DeFi ecosystem, there is close to $1 billion still locked according to DeFi Llama metrics. Another emerging Layer-1 ecosystem with a rich suite of patented products is Metatime. Founded back in 2019, this Web3 project features a blockchain network called MetaChain, an exchange named MetaExchange, an NFT Marketplace called MetaNFT, and a Launchpad known as MetaLaunchpad, among other innovative features. While still a nascent project compared to the likes of Avalanche, Metatime’s value proposition in removing barriers to exploring Web3 and blockchain innovations has attracted $3 million in funding from private investors, with the team growing to over 200 people. In the future, Metatime plans to establish itself as the go-to supplier of blockchain technology to transform companies, nations, and the retail market, offering over 70 products, some of which are already patented while others are awaiting approval. These few examples of Layer-1 ecosystems and the associated patents are just a glimpse of the solid value addition happening in the crypto ecosystem. But, most importantly, the fact that they are all promising goes to show how important scouting patented Web3 projects is for any market participant. After all, amidst all the noise, one has to narrow down the list of potential investments. Patent information could evidently play a significant role here. Summary As we have seen over the past two years, transformation in the blockchain ecosystem is happening at lightning speed, and keeping up can be quite a task. Well, that doesn’t have to be the case anymore. With patents in the picture, serious players can easily be distinguished from the jokers and speculators. But what’s even more paradoxical is that blockchain itself, as a technology, could improve how today’s companies track or value their patents. This is already happening through a collaboration between IBM and IPwe, where the two have pioneered a blockchain and AI-powered platform to assist firms in valuing their patents and managing risks more efficiently. In conclusion, patents are among the best ways to track upcoming blockchain stars. However, this is not to say they are a sure bet of value, but rather an indication that a given Web3 project is potentially serious about their innovation.
 
OKB Keywords: OKB, OKB price, OKB wallet extension, OKB wallet, OKB Price, OKB token, OKB coin, OKB wallet app Binance Coin Keywords: Binance Coin, Binance Coin price, Binance Coin (BNB) As the crypto space continues to expand, so does the competition between various cryptocurrency exchanges and their native tokens. The three top tokens of exchanges that have the attention of crypto users are OKB (OKB), Binance coin (BNB), and Tradecurve (TCRV). OKB Price Recovers After Market Downturn OKX (OKB), based in Seychelles, is a global cryptocurrency ecosystem. It offers a range of services, such as a cryptocurrency exchange, trading bots, an OKB wallet extension, and other tools. However, its centralized nature requires users to undergo KYC checks, making it challenging to start trading on the OKB wallet app without providing extensive personal information. Meanwhile, the OKB coin, the exchanges’ utility token, was hit by bearish sentiment recently due to increased regulation. As a result, investors flocked to safer havens such as Tradecurve. Meanwhile, OKB token is showing signs of recovery. OKB’s price currently stands at $43.18 today, with a 1.12% price increase in the last 24 hours. Binance Coin (BNB) Soars Amid Legal Battle With the US SEC Binance Coin (BNB), Binance’s native token, has been under bearish pressure in the past month. The ongoing legal dispute between Binance and the SEC has resulted in a significant sell-off, affecting investors’ confidence. Notwithstanding, Binance is one of the top CEXes with the highest trading volume. Binance Coin’s price has been declining since reaching its peak of $686.31 on May 10, 2021. As of June, the price of Binance Coin was as high as $260.17. Today, Binance Coin is trading at $248.26 This represents a 0.83% price increase in the last 24 hours for Binance Coin. Analysts have opined that the restrictive nature of Binance and its ongoing lawsuit could affect the future performance of Binance Coin. Tradecurve (TCRV) Records Huge Milestones in Presale Stage Tradecurve (TCRV) has raised over $3 million during its presale stage. Similarly, its utility token, TCRV, has witnessed a remarkable 80% surge from its initial price. This surge can be attributed to the exceptional level of interest shown by investors. Over 15,000 registered users have registered on Tradecurve attracted by its hybrid infrastructure model. At present, TCRV is being traded at $0.018. Below are features that make Tradecurve a special platform: With Tradecurve, users can trade a diverse range of assets apart from cryptocurrencies. They include stocks, options, ETFs, CFDs, indices, commodities, forex, and bonds, all in one account. Tradecurve allows investors and traders to subscribe to automated and AI-driven trading bots. This gives them swift and efficient trades compared to manual trading. Unlike competitors such as OKB and Binance, Tradecurve does not have strict Know Your Customer (KYC) checks. TCRV token holders enjoy privileges such as discounted subscription fees, voting on governance proposals, and staking for passive income generation. With its unique set of features, many crypto experts have predicted that Tradecurve could be the next Binance. The Binance ICO started at $0.11 with the Binance Coin reaching a high of $248. Similarly, experts anticipate similar or even more substantial price movements for TCRV in the future. Visit the links below to get more information about Tradecurve and the TCRV token: Click Here For the Website Click Here To Buy TCRV Presale Tokens Join Our Community on Telegram Follow Us Twitter
 
The Ethereum Foundation is hosting the much-awaited Ethcon Korea 2023 Ethereum Developer Conference, which will be back this year to provide Ethereum developer talent a place to share ideas. The featured speaker at Ethcon 2023 will be Vitalik Buterin, co-founder of Ethereum, who will give a keynote speech outlining the most recent Ethereum development updates and the project’s future plan. Since its first event in 2019, the Ethereum Foundation has supported Ethcon because it understands the value of knowledge sharing among the developer community. Due to the non-commercial character of the event, the Foundation’s assistance is essential to keeping Ethcon as Korea’s top developer conference. The conference is entirely volunteer-driven, with members of the local community donating their time for free to plan and execute it. It runs from September 1 to September 3, 2023, covering three days, and it comes just before the anticipated Korea Blockchain Week 2023, a Web3 conference held by FactBlock and Hashed from September 4 to September 10. Ethcon Korea 2023 will be a developer-focused event with an emphasis on showcasing developers from across the world and in South Korea who will present incisive research findings and cutting-edge initiatives to advance Ethereum and the Web3 industry as a whole. The occasion will be held in conjunction with an exciting three-day hackathon that will unite top developers to work on novel ideas and original research that they will then get the chance to showcase at a live-streamed demo day at the conclusion of the event. The Hackathon will use Quadratic financing, a democratic public good financing and assessment technique developed by Vitalik and first applied in practice by Gitcoin, in keeping with the spirit of the community. With the use of the weighted voting and resource distribution process known as quadratic funding, judges, sponsors, and attendees may all contribute votes to the final decision. With the help of bigger donors, community support for innovative ideas may be combined with quadratic funding in a beneficial way. Aiming to cultivate a varied background of active researchers and lesser-known developers, Ethcon Korea is seeking submissions for papers and talks until July 18. The conference’s main objective is to facilitate the exchange of relevant experiences amongst participants. The event will take place at Platz2, a comfortable and large co-working space in the heart of Seoul.
 
Bitgert (BRISE) unveiled its P2P exchange plan with community support, will begin on August 1, 2023. Bitgert (BRISE) will be listed on ten major exchanges in August. Bitgert (BRISE), a leading cryptocurrency platform, has recently made a groundbreaking announcement, revealing their ambitious plans to develop a peer-to-peer (P2P) exchange. The decision was made after an overwhelming response from the community, with users enthusiastically participating in a poll to gauge interest in such an offering. After carefully considering the feedback and support received, Bitgert confirmed the development of the P2P exchange. That will commence on August 1, 2023. This development marks a significant milestone for the platform, as it seeks to further empower its user base and expand its range of services. The upcoming Bitgert P2P exchange holds the potential to revolutionize the way cryptocurrencies are traded by enabling direct transactions between users without the need for intermediaries. This decentralized approach aims to enhance privacy, security, and accessibility for traders, fostering a more inclusive and efficient marketplace. Bitgert (BRISE) Recent Developments Bitgert (BRISE) enters its third year with a new listing. In addition, Bitgert has scheduled the upcoming listing of BRISE on ten major exchanges in August. This listing not only reflects Bitgert’s remarkable progress. Also serves as a positive indicator for the future performance of the cryptocurrency. Bitgert (BRISE) Price Chart (Source: Tradingview) At the time of writing, Bitgert (BRISE) traded at $0.00000026 with a 24-hour trading volume of over $279 million, which soared over 16%. Also, the BRISE price climbs about 2.5% in a day and 20% in a week, as per Tradingview data. Further, the cryptocurrency platform has experienced significant growth through strategic partnerships and integrations that enhance its ecosystem. One noteworthy partnership is with ChangeNow, which enables users to purchase BRISE using fiat currency. Moreover, Bitgert has forged agreements with NFTFeed, an innovative NFT platform, and Lifty.io, a gaming platform. These partnerships broaden the platform’s offerings and create new avenues for users to engage with digital assets. However, the announcement of Bitgert’s plans to develop a P2P exchange has already generated significant excitement within its community. Highlighted Crypto News Today: Binance Ends Argentina Soccer Sponsorship Deal Over Contract Dispute
 
Shibarium’s testnet witnessed a surge of 30 million transactions from 17 million wallets. Shiba Ecosystem core tokens SHIB values at $0.0000077, LEASH at $398.10, and BONE at $1.19. Shibarium, the highly anticipated Layer 2 solution for Shiba Inu, is set to make its grand entry next month, creating a sense of high anticipation within the dog community. The project has recently achieved a monumental milestone on its testnet, which sparked the excitement more among them. Puppynet, the native test network, has witnessed an astonishing surge of over 30 million transactions from an estimated 17 million wallets. Market Analysts believe that the transaction might reach 35 million soon. What Shibarium Brings to the Shiba Ecosystem? With Shibarium at its core, the Shiba Ecosystem continues to strengthen. The Shiba team ticks their vision list and regularly provides updates to their dog community. Attributing to it, they announced “Summer of Shibarium,” which is a campaign filled with upcoming releases. Also, The revamp of their project’s website, Shib.io, serves as a catalyst for a series of events leading up to the launch of Shibarium. Last week was an up-ride for the SHIB community, several anonymous wallets have received SHIB tokens for the first time, each receiving a significant amount from a whale address, valuing around $3 million. This substantial transfer of SHIB tokens was during a period of low volatility for the meme currency. It has caught the attention of industry participants, sparking investor interest. Meanwhile, There was recently staggering burning of 915,371,832 SHIB tokens across 139 transactions. It This burn mechanism contributes to reducing the token supply, which potentially holds positive implications for its value. CoinMarketCap values the SHIB token at $0.0000077, while LEASH and BONE tokens are prices are at $398.10 and $1.19, respectively. A slight decline of 1.61% has occurred in the value of LEASH, and BONE has experienced a decrease of 4.80%.
 
Cardano combines the ability to handle smart contracts with Bitcoin UTXO. The UTXO model is a fundamental element of Bitcoin and other cryptocurrencies. The cryptocurrency Cardano (ADA) has revealed that it extends the unspent transaction output accounting system by adding smart contracts to the Bitcoin UTXO model. The Cardano blockchain helps enhance the Bitcoin blockchain’s accounting model. On July 18, Input Output Global (IOG), the company behind the Cardano blockchain, announced its new plan for unspent transaction output. The Cardano blockchain added Bitcoin’s unspent transaction output (UTXO) accounting model, along with the ability to handle smart contracts, into an Extended unspent transaction output (EUTXO) accounting model. Unspent transaction output (UTXO) is known as transaction output and can be used as the input for new transactions. UTXO is a technical term for the amount of cryptocurrency that remains after the transactions. Moreover, this model is a fundamental element of Bitcoin and other cryptocurrencies. Cardano Enhances the Bitcoin UTXO Model The UTXO is based on blockchains and account or balance chains. According to the report, Cardano combines the ability to handle smart contracts with Bitcoin’s unspent transaction output. Cardano introduces the EUTXO to provide the implementation of smart contracts and a deterministic mechanism, along with many other advantages. Moreover, this strengthens EUTXO’s ability to handle both smart contracts and transactions. Input Output made its first announcement of combining Bitcoin’s UTXO accounting model with the ability to handle smart contracts into an EUTXO on February 23. Following that, after four months, the Cardano team has revealed that it completed the extended process. At the time of writing, the trading price of Cardano is around $0.3052. With a decline of over 2.17% in the last 24 hours. Moreover, the trading volume has experienced an increase of over 2.19%, according to CoinMarketCap.
 
According to CMC, the token’s price increased by 72 percent in the last 24 hours. Bill, a Kraken support staff member, pointed users in the direction of a submission form. Users of the Reddit subreddit r/CryptoCurrency saw a significant increase in the value of their native token, r/CryptoCurrency Moons (MOON), on Monday after hearing rumors that Kraken, a cryptocurrency exchange, could list Moons. According to CMC, the token’s price increased by 72 percent in the last 24 hours, bringing it to $0.28 at the time of writing. Reddit Moons are awarded to people for their contributions to the r/CryptoCurrency community. Tip exchanges between users are also possible. Users save their Moons in their Vault, Reddit’s Ethereum-based digital wallet that was released to the community at large in 2022. A popular thread on the cryptocurrency-centric subreddit linked to an unauthorized Twitter account called r/CryptoCurrency Moons, which claimed Reddit has recently modified its policy on selling digital assets. Some of the excitement, though, was unwarranted. An archived version of the website shows that the tweet promoting the overview of confirmed virtual products first appeared in May, therefore the news is months old. Currency Listing Request Form Nonetheless, a Kraken support staff member said Moons may be included in the exchange in the future, and others agreed. A significant shift for Moons, which is only listed on MEXC, Gate.io, SushiSwap, and RCP Swap at the moment. If Kraken adds Moons, the community would highly likely switch to using it as their primary exchange. Bill, a Kraken support staff member, pointed users in the direction of a submission form for currency listing requests. Whether or not the Twitter message was factual, it did highlight an important new development. In a blog post published last week, Reddit announced that it will be retiring its in-platform currency, Reddit coins, and ending the ability to buy and give medals as gifts. Highlighted Crypto News Today: Coinbase Dumps 11% as ARK Invest Books $91 Million Profit
 
Bybit, the world’s third most visited crypto exchange, is taking its Ethereum Liquid Staking service to the next level. Starting today, users can redeem their staked Ether tokens (stETH) for ETH on a 1:1 basis with zero fees. Bybit’s Ethereum Liquid Staking service offers users an exceptional opportunity to earn up to 7% APR. The stETH tokens accrue steady rewards from the Ethereum network and can be later exchanged back to the original capital plus interest. Bybit also enables clients to use stETH as trading collateral for maximum capital efficiency. Leveraging the potential of staked assets allows traders to explore a world of next-level opportunities. Naturally, the generous APR is accrued regardless of whether or not it’s used for trading. Bybit is also offering additional earning possibilities through stETH-collateralized loans, enabling clients to put their assets to work in further financial activities. More From Bybit Bybit ETH Staking Services Bybit Earn: Staking Four Strategies for Staking Ether (ETH) Bybit is a cryptocurrency exchange established in 2018 that offers a professional platform where crypto traders can find an ultra-fast matching engine, excellent customer service and multilingual community support. Bybit is a proud partner of Formula One’s reigning Constructors’ and Drivers’ champions, the Oracle Red Bull Racing team, esports teams NAVI, Astralis, Alliance, Made in Brazil (MIBR), and Oracle Red Bull Racing Esports. For media inquiries, please contact: [email protected] For more information please visit: https://www.bybit.com For updates, please follow: Bybit’s Communities and Social Media Disclaimer: TheNewsCrypto does not endorse any content on this page. The content depicted in this press release does not represent any investment advice. TheNewsCrypto recommend our readers to make decisions based on their own research. TheNewsCrypto is not accountable for any damage or loss related to content, products, or services stated in this press release.
 
Over the last week, the XRP token has dominated the headlines following Ripple’s partial court victory over the United States Securities and Exchange Commission (SEC). On July 13, Judge Analisa Torres of the US District Court of the Southern District of New York ruled that XRP doesn’t qualify as a security leading to a massive price surge in which the token gained by almost 90%. However, while it may appear that XRP’s positive effect on the market is waning, with most assets slipping into a bearish state, there is still a high level of interest surrounding this altcoin, proven by a recent report from prominent crypto exchange Bitrue. Bitrue Users Accumulate $800M Worth Of XRP In Futures Market. In the late hours of yesterday, a crypto analyst with the Twitter handle @cowboycrypto313 revealed that Bitrue had shared a report via email with its users, noting a massive increase in the notional value of the open interest of the XRP token. Related Reading: XRP Price Retreats After Massive 80% Rally, Buy The Dips? The notional value of open interest refers to the total value of outstanding contracts in a futures or optional market. In this context, it represents the total value of XRP on the Bitrue exchange based on what its traders have pledged to buy or sell in the future. In this report, Bitrue states that XRP holdings in its Futures service spiked from less than $200 million to over $800 million during the weekend. Interestingly, the exchange further revealed that 88% of its users are holding a long position on this asset. According to a chart shared by Bitrue, the notional value of open interest for XRP on its platform had been below $200 million for the majority of the last two weeks. However, following the court ruling on July 13, this index started rising, with the XRP Futures market recording a notable spike on July 16. XRP Soars By 57% In Seven Days In other news, XRP remains the center of the crypto market attention, recording a 56.73% gain in the last week, according to data from CoinMarketCap. Currently, XRP, which now ranks as the fourth-biggest cryptocurrency, is tagged biggest weekly gainer. Nevertheless, it is worth noting that this token has shown little to no price movement in the last few days, with its price hovering around the $0.74 region. As of this writing, XRP is trading at $0.742 with a 1.14% gain on the last day. Related Reading: BTC Price Analysis: Why Is Bitcoin Down Today? However, its daily trading volume has seen a sharp decline falling by 40.29% to its current value of $2.41 billion. Other major weekly gainers include Stellar (XLM) and Synthetix (SNX), with their market prices rising by 25.75% and 30.24%, respectively.
 
Hedera concluded a successful proof-of-concept (PoC) trial for stablecoin remittances. The MetaMask will now allow users to engage with Hedera’s decentralized apps. Decentralized Public Network Hedera Hashgraph has announced that it would integrate MetaMask through the HIP-583, making it more accessible to a wider range of users. Furthermore, Hedera recently concluded a successful proof-of-concept (PoC) trial for stablecoin remittances in partnership with Shinhan Bank, SCB TechX, and other financial institutions. Users of MetaMask will now be able to access and use Hedera DApps in a streamlined manner thanks to this integration. In order to facilitate this connection, the Hedera ecosystem will provide support for wallets and apps that use the JSON-RPC protocol. Moreover, changes include the ability to move HBAR across 0x accounts, greater usability through revised “token associations,” improved connectivity with MetaMask, and support for Ethereum Virtual Machine (EVM) tooling. Also, the well-known Ethereum wallet MetaMask will now allow users to engage with Hedera’s decentralized apps without any issues. In their official blog, they outline a methodical process for creating DApps. Pilot for Stablecoin Remittances Through the use of distributed ledger technology (DLT), Hedera Hashgraph has contributed to the ease of international money transfers. It has completed a proof-of-concept (PoC) trial for stablecoin remittances. This is in conjunction with Shinhan Bank, SCB TechX, and other financial institutions. Hedera’s highly efficient and ecologically friendly open-source public network was used by the collaborative efforts of several financial institutions in Taiwan. Three different currencies (the Thai Baht (THB), the New Taiwan Dollar (NTD), and the South Korean Won (KRW)) were settled in real-time during the trial, and real-time foreign exchange rates were incorporated into the platform without any noticeable hiccups. Any stablecoin issuer using EVM may make use of this framework going ahead since this PoC is entirely compatible with EVM. Highlighted Crypto News Today: Celsius Creditors Agree on $25 Million Disbursement Plan
 
Cryptocurrencies and the gaming industry have a new contender in Rollbit, and it has been making headlines over the past few days thanks to a slew of improvements to its blockchain technology. In a recent development, Rollbit disclosed its most current changes to the platform’s blockchain technology, propelling it to the forefront of the market. Notably, the company has started offering strong support for its own native cryptocurrency, Rollbit Coin (RLB), giving customers access to better ecosystem functionality and advantages. Based on crypto market tracker Coingecko figures, this lesser-known RLB coin has skyrocketed by more than 120% in the last seven days. At the time of writing, RLB was trading at $0.1224, up 24% over the previous 24 hours. RLB is a crucial part of the Rollbit lottery system, which decided to airdrop RLB tokens to their current Rollbit.com gaming and trading platform customers rather than holding an initial coin offering (ICO). Despite being a relatively new platform, Rollbit has quickly become one of the top competitors in crypto casinos. Rollbit has established itself as a dominant and significant power in the business, with an average monthly wagering volume above $1 billion. RLB has a market valuation of $357,728,046 with a 24-hour trading volume of $15,311,290. There are 3.3 billion coins in circulation. The highest transaction for RLB today was $0.1248. Its current price is over 14% less than its previous peak. The Unstoppable Growth Of Cryptocurrencies And Bitcoin Casinos One of the newest trends in the cryptocurrencies and gaming sector, crypto casinos, could change the face of the industry as we know it. Some of the biggest Bitcoin casinos on the market now have thousands of active players worldwide, thanks to their numerous advantages over conventional casinos, including quicker payments, better security, and greater transparency. According to Casinos Blockchain, the global crypto casino market will be worth nearly $280 billion this year, with a $250 million gambling market. Over the years, cryptocurrency has accounted for 4% of all gambling, which is quickly rising. By the end of 2030, Straits Research projects that the global industry for online cryptocurrency gambling will be worth $153 billion, expanding at a CAGR of about 12%. Meanwhile, based on Captain Altcoin’s research, Rollbit (RLB) earns an astounding annualized revenue of $498,582,700 by collecting almost $1.36 million daily. This revenue exceeds that of Ethereum, a cryptocurrency with 2,000 times the value of Rollbit. (This site’s content should not be construed as investment advice. Investing involves risk. When you invest, your capital is subject to risk). Featured image from BitcoinChaser
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