Home / Capital Markets News /Reef Labs Is Launching A $10M Accelerator Program To Empower Web3 Projects In The Middle East

Reef Labs Is Launching A $10M Accelerator Program To Empower Web3 Projects In The Middle East

15 May 2023

Solana extended recent gains on Monday, as the token rose to a one-week high, following recent declines. The token dropped below the $20.00 level last week, as a red wave hit cryptocurrency markets. Litecoin was also higher today, climbing by nearly 7%.

Solana (SOL) rose to a one-week high on Monday, as momentum shifted following a recent bear run.

SOL/USD surged to a peak of $21.49 earlier in today’s session., which comes after Sunday’s low of $20.65.

As a result of this rally, solana moved to its strongest point since last Monday, when price was close to $22.00.

One of the catalysts of today’s gains came as the 14-day relative strength index (RSI) broke out of a ceiling at 45.00.

The index is now tracking at 48.31, which is its highest reading in almost ten days of trading.

Should current sentiment extend throughout the week, there is a good chance SOL will near its long-term resistance at $24.00.

Additionally, litecoin (LTC) also moved higher in today’s session, with price climbing by as much as 7%.

Following a low of $81.75 on Sunday, LTC/USD raced to an intraday high of $87.54 earlier in the day.

This jump resulted in the token reaching its highest point since March 6, which is the last time LTC was trading close to the $90.00 mark.

From the chart, a breakout of the RSI has also occurred here, with a ceiling at 51.00 being broken.

At the time of writing, price strength is now at the 54.15 mark, with the next visible point of resistance being 58.00.

There is a strong possibility that litecoin could move above $90.00 in the coming days.

Register your email here to get weekly price analysis updates sent to your inbox:

Tags in this story
Analysis, litecoin, LTC, SOL, Solana

What is behind today’s surge in price? Let us know your thoughts in the comments.

Eliman was previously a director of a London-based brokerage, whilst also an online trading educator. Currently, he commentates on various asset classes, including Crypto, Stocks and FX, whilst also a startup founder.

Image Credits: Shutterstock, Pixabay, Wiki Commons

Disclaimer: This article is for informational purposes only. It is not a direct offer or solicitation of an offer to buy or sell, or a recommendation or endorsement of any products, services, or companies. Bitcoin.com does not provide investment, tax, legal, or accounting advice. Neither the company nor the author is responsible, directly or indirectly, for any damage or loss caused or alleged to be caused by or in connection with the use of or reliance on any content, goods or services mentioned in this article.

Draft Law Regulating Aspects of Crypto Taxation Submitted to Russian Parliament

A bill updating Russia’s tax law to incorporate provisions pertaining to cryptocurrencies has been filed with the State Duma, the lower house of parliament. The legislation is tailored to regulate the taxation of sales and profits in the country’s market ... read more.

Solana extended recent gains on Monday, as the token rose to a one-week high, following recent declines. The token dropped below the $20.00 level last week, as a red wave hit cryptocurrency markets. Litecoin was also higher today, climbing by nearly 7%.

Solana (SOL) rose to a one-week high on Monday, as momentum shifted following a recent bear run.

SOL/USD surged to a peak of $21.49 earlier in today’s session., which comes after Sunday’s low of $20.65.

As a result of this rally, solana moved to its strongest point since last Monday, when price was close to $22.00.

One of the catalysts of today’s gains came as the 14-day relative strength index (RSI) broke out of a ceiling at 45.00.

The index is now tracking at 48.31, which is its highest reading in almost ten days of trading.

Should current sentiment extend throughout the week, there is a good chance SOL will near its long-term resistance at $24.00.

Additionally, litecoin (LTC) also moved higher in today’s session, with price climbing by as much as 7%.

Following a low of $81.75 on Sunday, LTC/USD raced to an intraday high of $87.54 earlier in the day.

This jump resulted in the token reaching its highest point since March 6, which is the last time LTC was trading close to the $90.00 mark.

From the chart, a breakout of the RSI has also occurred here, with a ceiling at 51.00 being broken.

At the time of writing, price strength is now at the 54.15 mark, with the next visible point of resistance being 58.00.

There is a strong possibility that litecoin could move above $90.00 in the coming days.

Register your email here to get weekly price analysis updates sent to your inbox:

Tags in this story
Analysis, litecoin, LTC, SOL, Solana

What is behind today’s surge in price? Let us know your thoughts in the comments.

Eliman was previously a director of a London-based brokerage, whilst also an online trading educator. Currently, he commentates on various asset classes, including Crypto, Stocks and FX, whilst also a startup founder.

Image Credits: Shutterstock, Pixabay, Wiki Commons

Disclaimer: This article is for informational purposes only. It is not a direct offer or solicitation of an offer to buy or sell, or a recommendation or endorsement of any products, services, or companies. Bitcoin.com does not provide investment, tax, legal, or accounting advice. Neither the company nor the author is responsible, directly or indirectly, for any damage or loss caused or alleged to be caused by or in connection with the use of or reliance on any content, goods or services mentioned in this article.

Central Bank of Brazil Confirms It Will Run a Pilot Test for Its CBDC This Year

The Central Bank of Brazil has confirmed that the institution will run a pilot test regarding the implementation of its proposed central bank digital currency (CBDC), the digital real. Roberto Campos Neto, president of the bank, also stated that this ... read more.

On May 15, 2023, the Bitcoin Cash network achieved another annual milestone by seamlessly integrating four cutting-edge features into its consensus ruleset. At precisely 1:24 p.m. UTC on Monday, the eagerly anticipated upgrade went live, marking a significant leap forward for the peer-to-peer electronic cash platform. Bitcoin Cash fans believe the transformative changes are set to revolutionize the blockchain’s ecosystem.

At Bitcoin Cash block height 792,772, the network successfully upgraded the blockchain. The upgrade is more developer focused and average BCH users do not need to do anything. Only miners and full node operators need to upgrade their BCH software to be compatible with the ruleset changes. Over time, specific bitcoin cash (BCH) compatible wallets can upgrade as well and incorporate some of the new improvements like Cashtokens.

Today’s upgrade features four new elements which include: Cashtokens, Allow Transactions to be smaller in size, P2SH32, and Restrict Transaction Versions. The Allow Transactions ruleset changes “prevents a hash griding attack, where SPV wallets can confuse a 64-byte transaction for a merkle node,” according to a summary published by Coin Dance.

Just updated my wallet overview for the #CashTokens upgrade!

You can now filter wallets by whether they support cashtokens or not

-> https://t.co/JaTMVAJcI7 pic.twitter.com/nPlCKARy6O

— Mathieu Geukens (@GeukensMathieu) May 15, 2023

The “Pay-to-Script-Hash-32” (P2SH32) alteration serves as a long-term remedy against 80-bit P2SH collision attacks. The modification introduces an advanced address format exclusively designed for smart contracts, boasting enhanced cryptographic security measures.

With the introduction of the “Restrict Transaction Versions” modification, Coin Dance explains that transactions are now strictly limited to version numbers of either 1 or 2. Any blocks containing transactions that defy this rule will be swiftly invalidated.

The Cashtokens upgrade, eagerly awaited by the BCH community, promises a wealth of transformative features, making it a slightly more intricate enhancement. This highly anticipated upgrade is poised to usher in a multitude of advancements that will significantly elevate the capabilities of the network.

Bitcoin.com News spoke with software developer Jason Dreyzehner about Cashtokens on May 2, 2023, and he detailed the potential game-changing impact of Cashtokens CHIP for Bitcoin Cash. According to Dreyzehner, Cashtokens will offer censorship-resistant, low-fee digital assets that can represent physical assets and function as currencies, stablecoins, securities, and more.

Cashtokens offer a multitude of enticing benefits, such as empowering individuals to issue tokens representing a wide range of items. In addition, they bring smart contract functionality that rivals Ethereum but with an efficiency advantage of over 1,000 times in transactions and block validation.

The introduction of Cashtokens also paves the way for the development of low-fee, censorship-resistant prediction markets, while contract-issued commitments and non-fungible tokens (NFTs) open up exciting possibilities for decentralized applications (dapps). Amid the upgrade, bitcoin cash (BCH) is up 4% higher against the U.S. dollar on Monday morning.

What are your thoughts on the latest Bitcoin Cash upgrade and the introduction of Cashtokens? Share your insights on how these advancements could shape the future of the blockchain ecosystem in the comments section below.

Jamie Redman is the News Lead at Bitcoin.com News and a financial tech journalist living in Florida. Redman has been an active member of the cryptocurrency community since 2011. He has a passion for Bitcoin, open-source code, and decentralized applications. Since September 2015, Redman has written more than 7,000 articles for Bitcoin.com News about the disruptive protocols emerging today.

Image Credits: Shutterstock, Pixabay, Wiki Commons, Coin Dance Cash

Disclaimer: This article is for informational purposes only. It is not a direct offer or solicitation of an offer to buy or sell, or a recommendation or endorsement of any products, services, or companies. Bitcoin.com does not provide investment, tax, legal, or accounting advice. Neither the company nor the author is responsible, directly or indirectly, for any damage or loss caused or alleged to be caused by or in connection with the use of or reliance on any content, goods or services mentioned in this article.

Oman to Incorporate Real Estate Tokenization in Virtual Assets Regulatory Framework

Real estate tokenization is set to be incorporated into Oman Capital Markets Authority (OCMA)'s virtual asset regulatory framework. According to an advisor with the authority, the tokenizing of real estate will open investment opportunities for local and foreign investors. Real ... read more.

On May 15, 2023, the Bitcoin Cash network achieved another annual milestone by seamlessly integrating four cutting-edge features into its consensus ruleset. At precisely 1:24 p.m. UTC on Monday, the eagerly anticipated upgrade went live, marking a significant leap forward for the peer-to-peer electronic cash platform. Bitcoin Cash fans believe the transformative changes are set to revolutionize the blockchain’s ecosystem.

At Bitcoin Cash block height 792,772, the network successfully upgraded the blockchain. The upgrade is more developer focused and average BCH users do not need to do anything. Only miners and full node operators need to upgrade their BCH software to be compatible with the ruleset changes. Over time, specific bitcoin cash (BCH) compatible wallets can upgrade as well and incorporate some of the new improvements like Cashtokens.

Today’s upgrade features four new elements which include: Cashtokens, Allow Transactions to be smaller in size, P2SH32, and Restrict Transaction Versions. The Allow Transactions ruleset changes “prevents a hash griding attack, where SPV wallets can confuse a 64-byte transaction for a merkle node,” according to a summary published by Coin Dance.

Just updated my wallet overview for the #CashTokens upgrade!

You can now filter wallets by whether they support cashtokens or not

-> https://t.co/JaTMVAJcI7 pic.twitter.com/nPlCKARy6O

— Mathieu Geukens (@GeukensMathieu) May 15, 2023

The “Pay-to-Script-Hash-32” (P2SH32) alteration serves as a long-term remedy against 80-bit P2SH collision attacks. The modification introduces an advanced address format exclusively designed for smart contracts, boasting enhanced cryptographic security measures.

With the introduction of the “Restrict Transaction Versions” modification, Coin Dance explains that transactions are now strictly limited to version numbers of either 1 or 2. Any blocks containing transactions that defy this rule will be swiftly invalidated.

The Cashtokens upgrade, eagerly awaited by the BCH community, promises a wealth of transformative features, making it a slightly more intricate enhancement. This highly anticipated upgrade is poised to usher in a multitude of advancements that will significantly elevate the capabilities of the network.

Bitcoin.com News spoke with software developer Jason Dreyzehner about Cashtokens on May 2, 2023, and he detailed the potential game-changing impact of Cashtokens CHIP for Bitcoin Cash. According to Dreyzehner, Cashtokens will offer censorship-resistant, low-fee digital assets that can represent physical assets and function as currencies, stablecoins, securities, and more.

Cashtokens offer a multitude of enticing benefits, such as empowering individuals to issue tokens representing a wide range of items. In addition, they bring smart contract functionality that rivals Ethereum but with an efficiency advantage of over 1,000 times in transactions and block validation.

The introduction of Cashtokens also paves the way for the development of low-fee, censorship-resistant prediction markets, while contract-issued commitments and non-fungible tokens (NFTs) open up exciting possibilities for decentralized applications (dapps). Amid the upgrade, bitcoin cash (BCH) is up 4% higher against the U.S. dollar on Monday morning.

What are your thoughts on the latest Bitcoin Cash upgrade and the introduction of Cashtokens? Share your insights on how these advancements could shape the future of the blockchain ecosystem in the comments section below.

Jamie Redman is the News Lead at Bitcoin.com News and a financial tech journalist living in Florida. Redman has been an active member of the cryptocurrency community since 2011. He has a passion for Bitcoin, open-source code, and decentralized applications. Since September 2015, Redman has written more than 7,000 articles for Bitcoin.com News about the disruptive protocols emerging today.

Image Credits: Shutterstock, Pixabay, Wiki Commons, Coin Dance Cash

Disclaimer: This article is for informational purposes only. It is not a direct offer or solicitation of an offer to buy or sell, or a recommendation or endorsement of any products, services, or companies. Bitcoin.com does not provide investment, tax, legal, or accounting advice. Neither the company nor the author is responsible, directly or indirectly, for any damage or loss caused or alleged to be caused by or in connection with the use of or reliance on any content, goods or services mentioned in this article.

Oman to Incorporate Real Estate Tokenization in Virtual Assets Regulatory Framework

Real estate tokenization is set to be incorporated into Oman Capital Markets Authority (OCMA)'s virtual asset regulatory framework. According to an advisor with the authority, the tokenizing of real estate will open investment opportunities for local and foreign investors. Real ... read more.

PRESS RELEASE. Parex has successfully developed a community-driven DAO ecosystem through its ParexChain, Parex Wallet, RaccoonSwap, Exchange, and other decentralized applications. The company has secured US$ 6.5 million in a new investment round. The funding was provided by DWF Labs that invested US$ 3 million, and Bitgert Ventures, the investment arm of the cryptocurrency exchange Bitgert which invested US$ 3.5 million.

The investment round was completed just as Parex was preparing its ParexChain infrastructure, which is designed to provide a fully community-driven DAO blockchain ecosystem. The funds will enable Parex’s efforts to accelerate its efforts to create an efficient DeFi and DAO ecosystem. Part of the investment will be used to mine and support Parex mining.

Innovative blockchain solutions to reduce inflation

Liam Anthony, CEO of Parex, expressed his pride in DWFLabs and Bitgert Ventures, two significant investors who have faith in Parex’s promising future. “As a company, Parex is committed to developing innovative blockchain solutions that prioritize community involvement and reduce inflation. With the support and expertise of top investors like DWFLabs and Bitgert Ventures, we are even stronger as we gear up for the launch of the PEP20 Mainnet,” he said. “Soon, we will announce the testnet of the PEP-20 blockchain infrastructure, and launch a massive AIRDROP campaign.”

Parex provides a Decentralized Autonomous Organization (DAO) ecosystem that includes a range of solutions such as a one-of-a-kind mining algorithm designed to eliminate inflation, an ecosystem token, blockchain infrastructure, decentralized applications, a crypto wallet, and a cryptocurrency exchange.

Contact: Liam Anthony, data@parex.market

 

 

 

This is a press release. Readers should do their own due diligence before taking any actions related to the promoted company or any of its affiliates or services. Bitcoin.com is not responsible, directly or indirectly, for any damage or loss caused or alleged to be caused by or in connection with the use of or reliance on any content, goods or services mentioned in the press release.

Bitcoin.com is the premier source for everything crypto-related. Contact the Media team on ads@bitcoin.com to talk about press releases, sponsored posts, podcasts and other options.

Image Credits: Shutterstock, Pixabay, Wiki Commons

Ripple CEO: SEC Lawsuit Over XRP 'Has Gone Exceedingly Well'

The CEO of Ripple Labs says that the lawsuit brought by the U.S. Securities and Exchange Commission (SEC) against him and his company over XRP "has gone exceedingly well." He stressed: "This case is important, not just for Ripple, it’s ... read more.

PRESS RELEASE. Parex has successfully developed a community-driven DAO ecosystem through its ParexChain, Parex Wallet, RaccoonSwap, Exchange, and other decentralized applications. The company has secured US$ 6.5 million in a new investment round. The funding was provided by DWF Labs that invested US$ 3 million, and Bitgert Ventures, the investment arm of the cryptocurrency exchange Bitgert which invested US$ 3.5 million.

The investment round was completed just as Parex was preparing its ParexChain infrastructure, which is designed to provide a fully community-driven DAO blockchain ecosystem. The funds will enable Parex’s efforts to accelerate its efforts to create an efficient DeFi and DAO ecosystem. Part of the investment will be used to mine and support Parex mining.

Innovative blockchain solutions to reduce inflation

Liam Anthony, CEO of Parex, expressed his pride in DWFLabs and Bitgert Ventures, two significant investors who have faith in Parex’s promising future. “As a company, Parex is committed to developing innovative blockchain solutions that prioritize community involvement and reduce inflation. With the support and expertise of top investors like DWFLabs and Bitgert Ventures, we are even stronger as we gear up for the launch of the PEP20 Mainnet,” he said. “Soon, we will announce the testnet of the PEP-20 blockchain infrastructure, and launch a massive AIRDROP campaign.”

Parex provides a Decentralized Autonomous Organization (DAO) ecosystem that includes a range of solutions such as a one-of-a-kind mining algorithm designed to eliminate inflation, an ecosystem token, blockchain infrastructure, decentralized applications, a crypto wallet, and a cryptocurrency exchange.

Contact: Liam Anthony, data@parex.market

 

 

 

This is a press release. Readers should do their own due diligence before taking any actions related to the promoted company or any of its affiliates or services. Bitcoin.com is not responsible, directly or indirectly, for any damage or loss caused or alleged to be caused by or in connection with the use of or reliance on any content, goods or services mentioned in the press release.

Bitcoin.com is the premier source for everything crypto-related. Contact the Media team on ads@bitcoin.com to talk about press releases, sponsored posts, podcasts and other options.

Image Credits: Shutterstock, Pixabay, Wiki Commons

Ripple CEO: SEC Lawsuit Over XRP 'Has Gone Exceedingly Well'

The CEO of Ripple Labs says that the lawsuit brought by the U.S. Securities and Exchange Commission (SEC) against him and his company over XRP "has gone exceedingly well." He stressed: "This case is important, not just for Ripple, it’s ... read more.

PRESS RELEASE. Cape Town, South Africa, May 15th 2023, Chainwire. NFTfi, a leading NFT lending platform, has launched the next phase of its loyalty program NFTfi Rewards. In Earn Season 1, users can get rewarded with exclusive reward points for borrower-friendly loans and responsible lending behavior.

The NFT space is growing rapidly, and healthy credit markets are fundamental to its overall growth. NFTfi’s Earn Season 1 reward structure has been designed with this in mind, to incentivize responsible NFT lending and contribute positively to the overall NFT ecosystem.

Stephen Young, Co-Founder and CEO at NFTfi says: “We believe that NFT lending is a crucial part of the future of the NFT space, and we’re committed to promoting a healthy and non-predatory lending environment through our new loyalty program.”

The principles by which Earn Points are calculated are the following:

Earn Points are earned by repaying an eligible loan. Upon taking out a new loan, the associated Earn Points can be seen under “unsecured points” in the NFTfi Rewards cockpit. If the loan gets repaid, these points turn into “secured points”.

The NFTfi Leaderboard shows unsecured Earn Points (upon starting a loan) and secured Earn Points (upon repayment). The 500 wallets with the most secured points by the end of Season 1 will get a multiplier of 2.5x max. on their final balance.

NFTfi is committed to rewarding real users, not washlenders. The program disincentivizes wash loans through various measures, including no points for loans with APRs below 2%, no points for loans with a duration of fewer than 3 days, and no points for related wallets.

Earn Points are non-transferable and not redeemable at present. They merely reflect the loyalty level of NFTfi users. Certain persons, such as US residents, other US persons, and persons located in the US, are not eligible to participate in the NFTfi Rewards loyalty program.

Earn Season 1 is only the beginning of a long and exciting #NFTfiSummer. NFTfi has many surprises planned for all NFT collectors out there. For more information, check the Earn Points cockpit and the FAQs section.

Market Information

NFT lending is a rapidly growing market, with the global NFT market expected to reach $13.6 billion USD by 2027, according to MarketsandMarkets. NFT lending offers benefits such as liquidity, enabling NFT holders to use their assets as collateral for loans. It also helps tackle issues such as the lack of traditional financing options for NFT holders and the need for a healthy credit market in the NFT space.

Investments in loans carry inherent risks, and the value of NFTs can be highly volatile. Users should carefully consider their risk tolerance and investment objectives before taking out loans.

About NFTfi

NFTfi.com is a decentralized peer-to-peer lending platform that enables NFT holders to borrow ETH, USDC, and DAI cryptocurrency, secured by their non-fungible tokens (NFTs). The platform is non-custodial and built on the Ethereum blockchain, where smart contracts facilitate secure and transparent transactions directly between borrowers and lenders. NFTfi provides a new way for NFT holders to unlock the value of their assets and access liquidity while also enabling lenders to earn interest on their funds. Since its first loan in May 2020, users have transacted over $400 million on the NFTfi smart contracts.

Twitter | Discord | Website

Contact

Stephen Young

press@nftfi.com

 

 

 

 

This is a press release. Readers should do their own due diligence before taking any actions related to the promoted company or any of its affiliates or services. Bitcoin.com is not responsible, directly or indirectly, for any damage or loss caused or alleged to be caused by or in connection with the use of or reliance on any content, goods or services mentioned in the press release.

Bitcoin.com is the premier source for everything crypto-related. Contact the Media team on ads@bitcoin.com to talk about press releases, sponsored posts, podcasts and other options.

Image Credits: Shutterstock, Pixabay, Wiki Commons

Ripple CEO: SEC Lawsuit Over XRP 'Has Gone Exceedingly Well'

The CEO of Ripple Labs says that the lawsuit brought by the U.S. Securities and Exchange Commission (SEC) against him and his company over XRP "has gone exceedingly well." He stressed: "This case is important, not just for Ripple, it’s ... read more.

PRESS RELEASE. Cape Town, South Africa, May 15th 2023, Chainwire. NFTfi, a leading NFT lending platform, has launched the next phase of its loyalty program NFTfi Rewards. In Earn Season 1, users can get rewarded with exclusive reward points for borrower-friendly loans and responsible lending behavior.

The NFT space is growing rapidly, and healthy credit markets are fundamental to its overall growth. NFTfi’s Earn Season 1 reward structure has been designed with this in mind, to incentivize responsible NFT lending and contribute positively to the overall NFT ecosystem.

Stephen Young, Co-Founder and CEO at NFTfi says: “We believe that NFT lending is a crucial part of the future of the NFT space, and we’re committed to promoting a healthy and non-predatory lending environment through our new loyalty program.”

The principles by which Earn Points are calculated are the following:

Earn Points are earned by repaying an eligible loan. Upon taking out a new loan, the associated Earn Points can be seen under “unsecured points” in the NFTfi Rewards cockpit. If the loan gets repaid, these points turn into “secured points”.

The NFTfi Leaderboard shows unsecured Earn Points (upon starting a loan) and secured Earn Points (upon repayment). The 500 wallets with the most secured points by the end of Season 1 will get a multiplier of 2.5x max. on their final balance.

NFTfi is committed to rewarding real users, not washlenders. The program disincentivizes wash loans through various measures, including no points for loans with APRs below 2%, no points for loans with a duration of fewer than 3 days, and no points for related wallets.

Earn Points are non-transferable and not redeemable at present. They merely reflect the loyalty level of NFTfi users. Certain persons, such as US residents, other US persons, and persons located in the US, are not eligible to participate in the NFTfi Rewards loyalty program.

Earn Season 1 is only the beginning of a long and exciting #NFTfiSummer. NFTfi has many surprises planned for all NFT collectors out there. For more information, check the Earn Points cockpit and the FAQs section.

Market Information

NFT lending is a rapidly growing market, with the global NFT market expected to reach $13.6 billion USD by 2027, according to MarketsandMarkets. NFT lending offers benefits such as liquidity, enabling NFT holders to use their assets as collateral for loans. It also helps tackle issues such as the lack of traditional financing options for NFT holders and the need for a healthy credit market in the NFT space.

Investments in loans carry inherent risks, and the value of NFTs can be highly volatile. Users should carefully consider their risk tolerance and investment objectives before taking out loans.

About NFTfi

NFTfi.com is a decentralized peer-to-peer lending platform that enables NFT holders to borrow ETH, USDC, and DAI cryptocurrency, secured by their non-fungible tokens (NFTs). The platform is non-custodial and built on the Ethereum blockchain, where smart contracts facilitate secure and transparent transactions directly between borrowers and lenders. NFTfi provides a new way for NFT holders to unlock the value of their assets and access liquidity while also enabling lenders to earn interest on their funds. Since its first loan in May 2020, users have transacted over $400 million on the NFTfi smart contracts.

Twitter | Discord | Website

Contact

Stephen Young

press@nftfi.com

 

 

 

 

This is a press release. Readers should do their own due diligence before taking any actions related to the promoted company or any of its affiliates or services. Bitcoin.com is not responsible, directly or indirectly, for any damage or loss caused or alleged to be caused by or in connection with the use of or reliance on any content, goods or services mentioned in the press release.

Bitcoin.com is the premier source for everything crypto-related. Contact the Media team on ads@bitcoin.com to talk about press releases, sponsored posts, podcasts and other options.

Image Credits: Shutterstock, Pixabay, Wiki Commons

Ripple CEO: SEC Lawsuit Over XRP 'Has Gone Exceedingly Well'

The CEO of Ripple Labs says that the lawsuit brought by the U.S. Securities and Exchange Commission (SEC) against him and his company over XRP "has gone exceedingly well." He stressed: "This case is important, not just for Ripple, it’s ... read more.

PRESS RELEASE. Greenwood-designed trainers are available free as NFTs as part of AG5 x OKX collection on the OKX NFT Marketplace

OKX, a world-leading Web3 technology company, together with Manchester City women’s player Alex Greenwood, today launched an exhibition in the OKX Collective metaverse to showcase three original NFT trainers designed by Greenwood.

The NFT trainers, which were designed collaboratively by Greenwood and NFT designer Nas, are focused on key traits that lead to success on the football pitch and in life. Entitled ‘Adaptable’, ‘Calm & Patience’ and ‘Commitment & Passion,’ the NFTs are available for free via airdrop and as part of the ‘AG5 x OKX’ NFT collection on the OKX NFT Marketplace.

Alex Greenwood said: “Working closely with OKX on these trainer designs has been great. They give a sense of how I approach challenges on the pitch. I’m excited to see them launch in my personal OKX metaverse showroom!”

Haider Rafique, Global Chief Marketing Officer at OKX, said: “With any metaverse, the next step after creating the environment is to enhance the experience by curating objects and items that fans are eager to engage with and collect. This is an incredible way to bring fans into the experience and let them interact with their favorite athletes or public figures in a way they haven’t experienced before. This is how we make the metaverse a living, breathing environment.”

Visitors to the OKX Collective metaverse will be able to watch exclusive behind-the-scenes content on Alex and Nas’s creative process while entering competitions to win prizes, including passes to team trainings, match tickets and much more.

Fans will also be able to revisit the metaverse DJ set performed by Jack Grealish and Oliver Heldens as well as the instructive metaverse experiences with Manchester City Captain İlkay Gündoğan and defender Rúben Dias.

To enter the OKX Collective metaverse, simply click this link.

OKX is the official training kit partner of Manchester City for the 2022/23 season.

Note to editors

The AG5 x OKX Non-Fungible Token (“NFT”) is a digital asset that was created as a collectible; it is free, not tradeable and it is not intended to be used as investment. The NFT has no value nor is there any guarantee that it can or will ever have monetary value. NFTs are not regulated instruments in the UK.

About OKX

OKX is a world-leading technology company building the future of Web3. Known as the fastest and most reliable crypto trading platform for traders everywhere, OKX’s crypto exchange is the second largest globally by trading volume.

OKX’s leading self-custody solutions include the Web3-compatible OKX Wallet, which allows users greater control of their assets while expanding access to DEXs, NFT marketplaces, DeFi, GameFi and thousands of dApps.

OKX partners with a number of the world’s top brands and athletes, including: English Premier League champions Manchester City F.C., McLaren Formula 1, The Tribeca Festival, golfer Ian Poulter, Olympian Scotty James, and F1 driver Daniel Ricciardo.

OKX is committed to transparency and security and publishes its Proof of Reserves on a monthly basis.

To learn more about OKX, download our app or visit: okx.com

Disclaimer

THIS ANNOUNCEMENT IS PROVIDED FOR INFORMATIONAL PURPOSES ONLY. IT IS NOT INTENDED TO PROVIDE ANY INVESTMENT, TAX, OR LEGAL ADVICE, NOR SHOULD IT BE CONSIDERED AN OFFER TO PURCHASE, SELL, OR HOLD DIGITAL ASSETS. DIGITAL ASSETS, INCLUDING STABLECOINS, INVOLVE A HIGH DEGREE OF RISK, CAN FLUCTUATE GREATLY, AND CAN EVEN BECOME WORTHLESS. OKX IS NOT REGULATED BY THE FCA, THUS, PROTECTIONS SUCH AS THE FINANCIAL OMBUDSMAN SERVICE OR FINANCIAL SERVICES COMPENSATION SCHEME WILL NOT BE AVAILABLE. YOU SHOULD CONSIDER WHETHER YOU UNDERSTAND HOW CRYPTO WORKS AND WHETHER TRADING OR HOLDING DIGITAL ASSETS IS SUITABLE FOR YOU IN LIGHT OF YOUR FINANCIAL CONDITION. THE VALUE OF YOUR DIGITAL ASSETS, INCLUDING STABLECOINS, CAN INCREASE OR DECREASE AND PROFITS MAY BE SUBJECT TO CAPITAL GAINS TAX. PAST PERFORMANCE DOES NOT INDICATE FUTURE RESULTS. PLEASE CONSULT YOUR LEGAL/TAX/INVESTMENT PROFESSIONAL FOR QUESTIONS ABOUT YOUR SPECIFIC CIRCUMSTANCES.

OKX

media@okx.com

 

This is a press release. Readers should do their own due diligence before taking any actions related to the promoted company or any of its affiliates or services. Bitcoin.com is not responsible, directly or indirectly, for any damage or loss caused or alleged to be caused by or in connection with the use of or reliance on any content, goods or services mentioned in the press release.

Bitcoin.com is the premier source for everything crypto-related. Contact the Media team on ads@bitcoin.com to talk about press releases, sponsored posts, podcasts and other options.

Image Credits: Shutterstock, Pixabay, Wiki Commons

NFT Sales Volume Saw a Small Uptick This Week — Moonbirds, Mutant Apes Take Top Sales

Non-fungible token (NFT) sales saw a small uptick over the last week as $658.4 million in NFT sales were recorded, up 3.35% in seven days. Out of 15 blockchains, Polygon-based NFT sales saw the largest increase in volume, jumping 106.68% ... read more.

PRESS RELEASE. Greenwood-designed trainers are available free as NFTs as part of AG5 x OKX collection on the OKX NFT Marketplace

OKX, a world-leading Web3 technology company, together with Manchester City women’s player Alex Greenwood, today launched an exhibition in the OKX Collective metaverse to showcase three original NFT trainers designed by Greenwood.

The NFT trainers, which were designed collaboratively by Greenwood and NFT designer Nas, are focused on key traits that lead to success on the football pitch and in life. Entitled ‘Adaptable’, ‘Calm & Patience’ and ‘Commitment & Passion,’ the NFTs are available for free via airdrop and as part of the ‘AG5 x OKX’ NFT collection on the OKX NFT Marketplace.

Alex Greenwood said: “Working closely with OKX on these trainer designs has been great. They give a sense of how I approach challenges on the pitch. I’m excited to see them launch in my personal OKX metaverse showroom!”

Haider Rafique, Global Chief Marketing Officer at OKX, said: “With any metaverse, the next step after creating the environment is to enhance the experience by curating objects and items that fans are eager to engage with and collect. This is an incredible way to bring fans into the experience and let them interact with their favorite athletes or public figures in a way they haven’t experienced before. This is how we make the metaverse a living, breathing environment.”

Visitors to the OKX Collective metaverse will be able to watch exclusive behind-the-scenes content on Alex and Nas’s creative process while entering competitions to win prizes, including passes to team trainings, match tickets and much more.

Fans will also be able to revisit the metaverse DJ set performed by Jack Grealish and Oliver Heldens as well as the instructive metaverse experiences with Manchester City Captain İlkay Gündoğan and defender Rúben Dias.

To enter the OKX Collective metaverse, simply click this link.

OKX is the official training kit partner of Manchester City for the 2022/23 season.

Note to editors

The AG5 x OKX Non-Fungible Token (“NFT”) is a digital asset that was created as a collectible; it is free, not tradeable and it is not intended to be used as investment. The NFT has no value nor is there any guarantee that it can or will ever have monetary value. NFTs are not regulated instruments in the UK.

About OKX

OKX is a world-leading technology company building the future of Web3. Known as the fastest and most reliable crypto trading platform for traders everywhere, OKX’s crypto exchange is the second largest globally by trading volume.

OKX’s leading self-custody solutions include the Web3-compatible OKX Wallet, which allows users greater control of their assets while expanding access to DEXs, NFT marketplaces, DeFi, GameFi and thousands of dApps.

OKX partners with a number of the world’s top brands and athletes, including: English Premier League champions Manchester City F.C., McLaren Formula 1, The Tribeca Festival, golfer Ian Poulter, Olympian Scotty James, and F1 driver Daniel Ricciardo.

OKX is committed to transparency and security and publishes its Proof of Reserves on a monthly basis.

To learn more about OKX, download our app or visit: okx.com

Disclaimer

THIS ANNOUNCEMENT IS PROVIDED FOR INFORMATIONAL PURPOSES ONLY. IT IS NOT INTENDED TO PROVIDE ANY INVESTMENT, TAX, OR LEGAL ADVICE, NOR SHOULD IT BE CONSIDERED AN OFFER TO PURCHASE, SELL, OR HOLD DIGITAL ASSETS. DIGITAL ASSETS, INCLUDING STABLECOINS, INVOLVE A HIGH DEGREE OF RISK, CAN FLUCTUATE GREATLY, AND CAN EVEN BECOME WORTHLESS. OKX IS NOT REGULATED BY THE FCA, THUS, PROTECTIONS SUCH AS THE FINANCIAL OMBUDSMAN SERVICE OR FINANCIAL SERVICES COMPENSATION SCHEME WILL NOT BE AVAILABLE. YOU SHOULD CONSIDER WHETHER YOU UNDERSTAND HOW CRYPTO WORKS AND WHETHER TRADING OR HOLDING DIGITAL ASSETS IS SUITABLE FOR YOU IN LIGHT OF YOUR FINANCIAL CONDITION. THE VALUE OF YOUR DIGITAL ASSETS, INCLUDING STABLECOINS, CAN INCREASE OR DECREASE AND PROFITS MAY BE SUBJECT TO CAPITAL GAINS TAX. PAST PERFORMANCE DOES NOT INDICATE FUTURE RESULTS. PLEASE CONSULT YOUR LEGAL/TAX/INVESTMENT PROFESSIONAL FOR QUESTIONS ABOUT YOUR SPECIFIC CIRCUMSTANCES.

OKX

media@okx.com

 

This is a press release. Readers should do their own due diligence before taking any actions related to the promoted company or any of its affiliates or services. Bitcoin.com is not responsible, directly or indirectly, for any damage or loss caused or alleged to be caused by or in connection with the use of or reliance on any content, goods or services mentioned in the press release.

Bitcoin.com is the premier source for everything crypto-related. Contact the Media team on ads@bitcoin.com to talk about press releases, sponsored posts, podcasts and other options.

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NFT Sales Volume Saw a Small Uptick This Week — Moonbirds, Mutant Apes Take Top Sales

Non-fungible token (NFT) sales saw a small uptick over the last week as $658.4 million in NFT sales were recorded, up 3.35% in seven days. Out of 15 blockchains, Polygon-based NFT sales saw the largest increase in volume, jumping 106.68% ... read more.

PRESS RELEASE. Reef is thrilled to announce the launch of a $10 Million Accelerator Program for Web3 projects building on the Reef Chain, which are based out of the Middle East. The program, managed by Reef Labs, aims to support, incubate, and invest in promising Middle East-based Web3 developers, teams, and projects building on the Reef Chain.

The rise of blockchain/Web3 applications in the Middle East are setting the stage for remarkable technological progress and innovation. Reef has already made a significant impact in the region by securing the Best Ecosystem Award at The Middle-East Blockchain Awards.

Driving Growth in the MENA Region:

The Accelerator Program seeks to drive Reef’s vision for growth, making it the de-facto blockchain in the MENA (Middle East and North Africa) region. Ideas selected as part of this initiative will benefit from the financial support provided by Reef’s venture partners, along with mentorship, marketing, and business development assistance from Reef Labs. Additionally, these ecosystem projects can leverage Reef’s global community to promote their ideas and achievements to other Web3 developers and blockchain enthusiasts.

Positioning Reef for Web3 Adoption:

The present geo-political landscape in the MENA region fosters the growth of region-specific blockchain networks, which are set to play a significant role in promoting Web3 adoption. Reef is ideally positioned to deliver enterprise-grade solutions with high scalability, cost-effective transactions, extensible EVM, and on-chain upgradability features, thus stimulating inventive models to harness blockchain technology. Additionally, the remarkably low entry barrier for dApp developers has made Reef one of the most developer-friendly ecosystems to build upon.

Denko Mancheski, CEO of Reef, said about this new initiative, “We’re launching the Reef Accelerator Program with the aim of welcoming the brightest minds in the Web3.0 industry. The Reef team has been working with Web3 developers in the Middle East region for some time now, and is extremely excited by the talent and innovation we witness. Through our recently conceptualized Reef Labs initiative, we will choose the best Middle Eastern projects, empower them to realize their full potential and integrate them into the current Reef ecosystem of NFT, DeFi, Metaverse, and GameFi projects. It will also enable us to drive the growth of the Web3 industry in the Middle East and emerge as this region’s de-facto blockchain”.

The Reef Accelerator Program is poised to solidify Reef Chain’s position as the most developer-friendly blockchain solution for web2 businesses transitioning into the web3 space in the MENA region, ultimately propelling the upcoming wave of innovation and Web3 adoption.

This program amount of $10 million will be part of the $20 million developer support fund that Reef had announced earlier.

Apply for the Reef Accelerator Program here: https://reef-labs.typeform.com/reefaclprogram

About Reef

Reef is an EVM-first blockchain designed to make Web3 accessible for the next billion users. Reef offers high scalability, and affordable transactions, and utilizes Nominated Proof of Stake, extensible EVM, and on-chain upgradability. Reef is the future blockchain for NFTs, DeFi, and gaming. It can easily accommodate the needs of the future of Web3 development. Reef is an ideal blend of old and new, a trait that makes it eternal and timeless.

Stay tuned to our socials, and never miss any update from Reef!

? Website: https://reef.io

? Twitter: https://twitter.com/Reef_Chain

? Discord: https://discord.gg/reefchain

? Telegram: https://t.me/reefchain

? Instagram: https://www.instagram.com/reef.io

? Reddit: https://www.reddit.com/r/ReefDeFi/

 

 

 

 

 

This is a press release. Readers should do their own due diligence before taking any actions related to the promoted company or any of its affiliates or services. Bitcoin.com is not responsible, directly or indirectly, for any damage or loss caused or alleged to be caused by or in connection with the use of or reliance on any content, goods or services mentioned in the press release.

Bitcoin.com is the premier source for everything crypto-related. Contact the Media team on ads@bitcoin.com to talk about press releases, sponsored posts, podcasts and other options.

Image Credits: Shutterstock, Pixabay, Wiki Commons

NFT Sales Volume Saw a Small Uptick This Week — Moonbirds, Mutant Apes Take Top Sales

Non-fungible token (NFT) sales saw a small uptick over the last week as $658.4 million in NFT sales were recorded, up 3.35% in seven days. Out of 15 blockchains, Polygon-based NFT sales saw the largest increase in volume, jumping 106.68% ... read more.

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