Blockchain Press Releases
Crypto is Crashing But Wall Street Memes Coin Raises $25m – Announces Staking and CEX Listings Date
NEW YORK, Aug. 18, 2023 /PRNewswire/ — Crypto is crashing but the Wall Street Memes coin has raised $25 million in its presale and today officially announces its new staking service and top-tier exchange listings coming on September 27th.
Meme stocks-inspired community-powered coin Wall Street Memes is now only around $900k away from entering the last stage of its 30-stage tiered presale. The token’s price rises from $0.033 to $0.0337 in the final 30th stage, as the presale accelerates toward sellout when it reaches its end goal of $30 million.
There really is no time to lose to get in on the ground floor of what is shaping up to be the biggest presale of the year – Wall Street Memes has raised more than $350,000 in the past 12 hours as the raise run rate quickens, with only 40 days to go until CEX listings.
The Wall Street Memes staking service is growing fast. At lightning speed, 7% of the presale allocation of 1,000,000,000 tokens (50% of the total token supply) has been deposited.
Buy $WSM now, and you can start earning up to 283% APY on your staked coins
Stakers can currently earn an annual percentage yield of 283%, according to the staking dashboard.
At the time of writing, the staking pool totals 70,534,061 tokens so far, and that figure could quickly rise to a majority of the presale supply as holders take the opportunity to lock in yield.
Although the APY will drift lower as more tokens are deposited into the smart contract, it will likely still be in triple or high double figures by the time of launch, adding further incentive for prospective buyers of $WSM.
Staking was only launched on Thursday, but eagle-eyed community members had spotted it was available two days earlier as part of a stealth rollout.
The significance of staking cannot be overstated. Because it provides a passive income stream, it will encourage long-term holding of the coin.
Staking will help to make Wall Street Memes crashproof
At the same time, as far as the capital tied up in the coins is concerned, it provides price stability by bearing down on any selling pressure when $WSM launches on major centralized exchanges (CEXs) in September.
This is not based on idle speculation but instead gleaned from the actual market experience of a new type of ‘version 2’ coin that puts staking front and center in a similar way to $WSM – btc20.com.
BTC20 is a ‘version 2’ coin that launched straight to DEX with a maximum 21 million token supply (just like bitcoin) and stake-to-earn model that pays out on a schedule that replicates BTC block production since 2011.
BTC20 is trading up 80% since its launch just over a week ago and has been subject to no downward lurch in the present crypto crash.
Hot on the heels of the staking rollout, Wall Street Memes’ reveal today that CEX listings are already confirmed at major trading venues is welcome news for $WSM token holders and is adding to FOMO.
Wall Street Memes boasts a 1 million-strong community of savvy retail investors
Boasting a social community of more than one million savvy retail investors, Wall Street Memes emerged as a champion of retail investors in the meme stocks movement in 2021.
Wall Street Memes coin is one of the largest fundraises in the crypto market this year and is the brainchild of the team behind the one million-strong social Wall Street Memes community. It is one of the internet’s most influential retail investing communities.
For instance, its Wall Street Bets Instagram account alone has 534k followers and another 260,000 on X (formerly Twitter).
It also has over 100k followers across its two other Instagram channels, wallstgonewild and wallstbullsnft.
And not to be left out, in May this year, the team launched the Wall Street Bulls Ordinals NFT Collection.
The founders of WSM know a thing or two about NFTs. They famously made $2.5 million when, in 2021, they minted the highly successful Wall Street Bulls 10,000-piece NFT collection, which sold out in 32 minutes.
With that sort of proven crypto execution power, the WSM crew is going to take the crypto meme coin sector by storm when its lists and more products start to launch under the Wall Street Memes brand, driving up the utility value of the stake-to-earn community coin.
Alongside the existing brand power of Wall Street Memes among retail investors, the crypto project has another thing going for it that competing meme coins lack – verifiable legitimacy.
When the likes of multi-billionaire Elon Musk interact with your Twitter feed (now rebranded as X), you know you have arrived. That’s exactly the enviable situation that $WSM is in, as can be seen by just a couple of Musk’s posts on the @wallstmemes Twitter feed:
https://twitter.com/elonmusk/status/1636924379086077954
https://twitter.com/elonmusk/status/1649784663924244482
When it comes to meme coin influencers, they don’t come any bigger than Elon Musk, which is yet another reason why the Wall Street Memes token presale is already such a staggering success.
Mystery product in the works at Wall Street Memes, according to sources
As it closes on its $30 million hard cap target, Wall Street Memes has earmarked 30% of its tokens for community rewards.
But its plans don’t stop at staking. According to those with knowledge of the matter, the team is planning a major product release before or soon after the coin lists.
The aim of the Wall Street Memes coin is nothing short of monetizing the investor-focused social movement that, at its height, saw bands of retail stock buyers coordinating their efforts on the Reddit sub WallStreetBets, taking on Wall Street and winning.
Now Wall Street Memes is bringing the same swashbuckling spirit to crypto. Although the raison d’etre of crypto was about supporting the little guy against institutional power, in some respects, it has strayed from that goal.
Wall Street Memes wants to get back to basics and provide a way for those who supported the ideals behind the speculative frenzy that undoubtedly underpinned the meme stocks frenzy to be winners in crypto.
https://twitter.com/wallstmemes/status/1691525176012525568
Wall Street Memes – fair presale that’s ideal for sophisticated risk management
Wall Street Memes is not just the biggest presale of the year, it is also one of the fairest.
Fifty percent of the token supply of 2 billion is available in the presale: 30% as community rewards, 10% for CEX liquidity, and 10% for DEX liquidity.
And with the addition of the staking utility to $WSM, token holders are being rewarded for their early commitment to the project.
If it hasn’t already, Wall Street Memes will become even more of a magnet for the funds of switched-on sophisticated crypto investors looking to diversify their portfolio and control capital risk – a passive income vehicle like Wall Street Memes is ideal for meeting those investment goals.
Wall Street Memes is the best crypto to buy today, says a growing roster of crypto analysts
The brand allure of Wall Street Memes and the ongoing success of its presale means that it is already a top coin before it even hits the spot market.
Crypto experts are lining up with a bullish forecast for Wall Street Memes coin.
YouTube cryptocurrency analyst Crypto Faro with 58k subscribers, dubs $WSM a Shiba Inu coin killer, although some might say that the SHIB team’s disastrous rollout of its Shibarium Layer 2 mainnet is achieving that death wish all by itself.
Next up is YouTuber Joe Parys, with 380k subscribers. He tells his viewers that Wall Street Memes coin could be a 100x crypto.
Another analyst, Michael Wrubel, this time with 310k subscribers on YouTube, is putting his money where his mouth is and has invested in $WSM.
And avid crypto presale watcher and expert analyst Jacob Crypto Bury reckons Wall Street Memes could be the best crypto to buy today, with only six weeks to go before it lists on top exchanges.
For other crypto financial influencers, $WSM could be the next Pepe coin because of its ability to monetize the meme stock movement.
And it’s not just in the video world that Wall Street Memes has been making waves. Check out the coverage on Coingape, Cryptopotato, Analytics Insight, U.Today, Outlook India, Finbold, and The Coin Republic.
Given the marketing strength being demonstrated by Wall Street Memes at this relatively early stage in its roadmap and the start of utility-enhancing product rollouts, expect the remaining tokens to be snapped up in short order.
Where to Get Your Wall Street Memes Token – And Enter the $50k Airdrop
$WSM can be bought on the Ethereum blockchain and BNB Smart Chain using ETH, BNB, or USDT (ERC-20 or BEP-20). If you wish to stake now, then you must buy with ETH.
You can also buy with a credit or debit card. Whichever route you choose to buy, be sure to do your own research and make sure to only invest what you can afford to lose.
All that prospective buyers need to do is connect their funded crypto wallet on the wallstmemes.com website to make their purchases.
After investing, you can join the Wall Street Memes competition, where five lucky degens can benefit from a $50,000 $WSM airdrop.
If you are a $WSM token holder, then you can click on the button at the Wall Street Memes Linktree page to complete the steps to qualify for the airdrop.
Wall Street Memes, the king of stonks, is quickly becoming the king of a new category of meme coin with solid utility value. It is not too late to get on board the most-talked-about presale opportunity in crypto.
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View original content:https://www.prnewswire.co.uk/news-releases/crypto-is-crashing-but-wall-street-memes-coin-raises-25m–announces-staking-and-cex-listings-date-301904624.html
DUBAI, UAE, Nov. 28, 2024 /PRNewswire/ — Bybit, the world’s second-largest cryptocurrency exchange by trading volume, in collaboration with Blocks Scholes, released the latest weekly derivatives analytics report and uncovered signals indicating ETH’s rise above BTC in the past week.
Fueled by news of current U.S. SEC Chair Gary Gensler’s departure at the end of the Biden administration’s term, ETH performance has positively surprised investors. In particular, open interest in ETH perpetual has been on the rise. Several large-cap altcoins also benefited from Gensler’s announcement, anticipating less scrutiny upcoming January.
Key Insights:
ETH outperformed BTC in open interest: Perpetual swap data has seen a gradual decline in BTC open interest while ETH contracts increased. ETH has also been taking a bigger share of daily trading volumes in the past 6-month time frame despite an overall slower market this week. The optimism could be attributed to hopeful investors’ expectation of a more crypto-friendly SEC Chair after Gensler’s last day on Jan. 20, 2025.
BTC price in retreat: BTC price’s ebbing from the $100K mark has flattened the ATM volatility term structure, with short-tenor options dipping below 60%. This mirrors a pattern observed since the U.S. election. Lower realized volatility explains the drop, while open interest in calls and puts remains unchanged, demands for short-term options this week have stagnated.
ETH options – bullish sentiment in moderation: ETH options show slightly more bullish sentiment than BTC options. Markets have recalibrated after the post-election high, but call options remain in the lead in both trading volumes and open interests.
Access the Full Report:
Read the full report in context here.
#Bybit / #TheCryptoArk /#BybitResearch
About Bybit
Bybit is the world’s second-largest cryptocurrency exchange by trading volume, serving over 50 million users. Established in 2018, Bybit provides a professional platform where crypto investors and traders can find an ultra-fast matching engine, 24/7 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.
For more details about Bybit, please visit Bybit Press
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View original content:https://www.prnewswire.co.uk/news-releases/bybit-x-block-scholes-derivatives-report-eth-outperforms-btc-302318387.html
GZIRA, Malta, Nov. 28, 2024 /PRNewswire/ — Popular iGaming content provider BGaming has secured a highly sought-after licence in Peru, marking a significant milestone in its expansion across LatAm.
BGaming’s technical system of gaming software and its engaging portfolio have been officially approved by the gambling regulator Mincetur, a national administrative authority which implements and oversees all aspects of online gaming and sports betting in Peru. By receiving the B2B certification, BGaming broadens its appeal with local licenced operators in the newly regulated market.
The licence also opens up more opportunities for BGaming to expand its business and strengthen its position in the wider LatAm region, where it has enjoyed significant attention in the last 12 months.
Marina Ostrovtsova, CEO at BGaming, said: “Securing the Peru licence marks a pivotal moment in BGaming’s global expansion. This certification not only strengthens our presence in Latin America but also underscores our commitment to bringing high-quality, immersive gaming experiences to new audiences.
“We are excited about the opportunities this will unlock, both in terms of growth and the reception of our slots in this new market.”
BGaming is a fast-growing iGaming content provider converting gambling into gaming. Thanks to an expert team and a player-driven approach, the studio creates innovative and engaging products featured on reputable platforms and 1,000+ online casinos worldwide. BGaming is the world’s first to support cryptocurrencies and offer Provably Fair games. Today the brand’s portfolio includes 100+ products with HD graphics and a clear user interface for every device. The studio is also known for its brand exclusives created in partnerships with leading operators in the industry.
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View original content:https://www.prnewswire.co.uk/news-releases/bgaming-awarded-peru-supplier-licence-302317696.html
TAIPEI, Nov. 28, 2024 /PRNewswire/ — KryptoGO, a leader in Web3 financial infrastructure, has taken another groundbreaking step to ensure unparalleled user and enterprise safety by completing a rigorous security audit aligned with industry-leading methodologies. This milestone solidifies KryptoGO’s position alongside globally trusted platforms like 1Password, Metamask, and Trust Wallet, known for their exceptional security standards.
The audit, conducted with methodologies comparable to those used for 1Password—a benchmark in secure password management—focused on ensuring KryptoGO’s mobile applications, backend systems, and API endpoints meet the highest security standards. 1Password’s robust security features, such as end-to-end encryption, zero-knowledge architecture, and constant vulnerability testing, serve as the foundation for KryptoGO’s enhanced protection framework.
Demonstrating Excellence in Cybersecurity
KryptoGO has consistently showcased its expertise in security through achievements in prominent cybersecurity competitions and hackathons. Recognized for exceptional performance in events like 2024 BlazCTF, ETH Tokyo Hackathon, and ETH Taipei Hackathon, KryptoGO has solidified its reputation as a trusted innovator.
This audit marks another significant step forward, addressing potential vulnerabilities and reaffirming KryptoGO’s ability to safeguard user assets in an increasingly complex Web3 landscape. Notably, the findings resulted in a 50% reduction in vulnerabilities compared to prior assessments, demonstrating tangible progress in security hardening.
Why Security in Web3 Wallets Matters
In the Web3 ecosystem, wallets act as critical gateways, holding sensitive keys that grant users exclusive control over their digital assets. A single security lapse can lead to catastrophic consequences, including the loss of assets and the erosion of user trust.
Recognizing this, KryptoGO employs a multi-layered approach to private key management, ensuring the highest levels of security and reliability for its users:
- Device-Level Encryption: Private keys are encrypted with a Device Encryption Key and securely stored in the device’s protected environment (Keychain for iOS and Keystore for Android). Access to these keys is tightly controlled through biometric authentication, preventing unauthorized access.
- Password Protection with Argon2: For users who opt for password backups, KryptoGO utilizes Argon2-HMAC-SHA256 with 310,000 iterations to derive an Account Unlock Key (AUK). This industry-standard process, aligned with NIST guidelines, offers robust resistance to brute-force attacks while ensuring compatibility across a broad range of devices.
- Cloud Backup with Shamir’s Secret Sharing: To enhance convenience and accessibility, KryptoGO employs Shamir’s Secret Sharing Scheme (SSS) for password-free cloud backups. This approach splits private keys into multiple fragments (Key Shares) stored across diverse platforms like iCloud and Google Drive. Restoration is possible with any two fragments, ensuring data availability without compromising security.
These measures collectively address the most critical challenges in wallet security:
- Token Integrity: Robust lifecycle management prevents impersonation or unauthorized access.
- Advanced Encryption Standards: Sensitive wallet data and transactions are safeguarded by cutting-edge cryptographic techniques.
- Resilience Against Data Loss: Diverse and secure backup options ensure users can recover their wallets without fear of permanent loss.
- Access Control Enhancements: Multi-layered authentication mechanisms safeguard accounts.
- Secure APIs: Backdoor vulnerabilities and information leaks are actively prevented.
Results That Build Trust
The rigorous Cure53 audit, leveraging white-box and gray-box penetration testing, verified KryptoGO’s resilience against security threats. Cure53’s global reputation for securing critical systems further amplifies the credibility of KryptoGO’s security achievements. The resolution of key vulnerabilities identified during the audit, including token mismanagement and API access concerns, reflects KryptoGO’s dedication to continuous improvement and operational excellence.
Raising the Bar for Web3 Security
By achieving security certifications on par with 1Password and other leading platforms, KryptoGO has set a new benchmark for wallet safety in the Web3 era. These advancements empower users to confidently manage their digital assets while positioning KryptoGO as the trusted partner for enterprises seeking high standard and scalable blockchain solutions.
About KryptoGO
KryptoGO is a pioneer in Web3 solutions, providing secure, compliant, and user-friendly wallet services. Focused on stablecoin payment infrastructure and asset management, KryptoGO empowers businesses to seamlessly transition into the decentralized economy, backed by cutting-edge technology and industry best practices.
For more information on how KryptoGO can support your Web3 business needs, please visit www.kryptogo.com or contact us directly.
Media Contact: [email protected]
Learn more: www.kryptogo.com | X | LinkedIn
View original content:https://www.prnewswire.co.uk/news-releases/kryptogo-leads-the-way-with-top-tier-wallet-security-standards-302318212.html
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