Blockchain
King Shiba: Bringing the ETH Bridge to the Community with Extensive Benefits
Cairns, Australia–(Newsfile Corp. – October 22, 2021) – With the dApp ready to be launched by the end of this month, King Shiba has also booked a spot with Certik Audit and has already been listed on CoinMarketCap and CoinGecko. Claimed to be the supreme leader of all Shiba tokens, King Shiba is a decentralized cryptocurrency token with a 50% token burn contract set to be executed before its launch. Amidst the giveaways and rewards, King Shiba Airdrop will send 1,000,000 $KINGSHIB to all the SHIB holders amounting to 0.5% of the total supply.
King Shiba
Building a Great Kingdom For a Loyal Community
King Shiba is built to provide the ultimate functionality to the community in terms of accessibility and reward generation with the latest trends. As every community needs a leader, King Shiba is developed to take on the leadership role. King Shiba is inspired by the old traditional ways of ruling the community when the kings worked for the people and the common folk.
With 2% reflection, the loyal holders of the $KINGSHIB tokens will get rewards continuously credited to their wallets, which will also increase with time. The liquidity providers of King Shiba or the protectors of the kingdom will access a liquidity pool with a 3% token balance and offer them the appropriate rewards for their contribution.
EverOwn Listing and ETH Bridge
Within 24 hours of its launch, KingShiba was listed on EverOwn, which helps developers build trust with their community. Working with EverOwn, King Shiba aims to build a better and enduring position in the community.
King Shiba allows EverOwn to manage the liquidity/contract with the community’s approval and voting assistant, allowing the developers to make changes accordingly.
King Shiba will add liquidity to UniSwap, create an ETH bridge, and benefit from working with a broader audience to their community. It will be the first cross-chain bridge letting the users on King Shiba’s blockchain interact with the Ethereum blockchain.
About King Shiba
With 1 billion token supply and a 50% burn contract already put into action, King Shiba is a hyper deflationary cryptocurrency platform offering great rewards to the loyal owners and community in native tokens and staking pools. The platform is built to promote and execute everything with transparency, integrity, and competence. The existing functions and benefits are added with forward-looking aspects like SHIBA staking, dApp, and the ETH bridge. The platform goes beyond the concept of a token and works as a kingdom to support and promote higher rewards for the loyal subjects who swear allegiance to the platform or the super king, King Shiba.
Media Contact
Kyle Sperling
Email – [email protected]
PR – Cryptoshib.com
Email – [email protected]
To view the source version of this press release, please visit https://www.newsfilecorp.com/release/100547
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Blockchain
Blocks & Headlines: Today in Blockchain (BlackRock, Plume, SEALSQ, Hedera, Deutsche Bank, KuCoin)
Blockchain technology continues to drive innovation across industries, reshaping finance, infrastructure, and philanthropy. Today’s news roundup explores exciting developments in blockchain ETFs, tokenization funding, quantum-resistant chips, public blockchain initiatives, and impactful social projects. Here’s a deep dive into the latest blockchain headlines:
BlackRock ETF Embraces Blockchain with First Muni Bond Purchase
BlackRock’s blockchain-focused ETF has made its first foray into municipal bonds, signaling increased confidence in integrating blockchain technology with traditional finance. The ETF’s strategic investment demonstrates how blockchain can enhance transparency and efficiency in bond markets.
By tokenizing municipal bonds, BlackRock aims to simplify trading and settlement processes while reducing associated costs. This development underscores the growing role of blockchain in transforming financial instruments and fostering greater market accessibility.
Source: Yahoo Finance
Plume Secures Funding for Tokenization Platform
Blockchain fintech company Plume has raised significant funding to advance its tokenization platform. The company’s innovative approach enables businesses to convert real-world assets into digital tokens, streamlining asset management and unlocking liquidity.
Tokenization is rapidly gaining traction as a game-changer in sectors such as real estate, art, and commodities. Plume’s success reflects a broader trend of investment in blockchain solutions that bridge the gap between traditional assets and decentralized technologies.
Source: Fortune
SEALSQ and Hedera Partner for Quantum-Resistant Blockchain Chips
SEALSQ and Hedera have announced a groundbreaking collaboration to develop quantum-resistant chips designed to secure blockchain infrastructure. These advanced chips will provide robust protection against future quantum computing threats, ensuring the integrity of blockchain networks.
As quantum computing capabilities evolve, safeguarding blockchain ecosystems becomes increasingly critical. This partnership highlights the importance of proactive measures in maintaining the resilience and trustworthiness of decentralized systems.
Source: The Quantum Insider
Deutsche Bank’s Public, Permissioned Blockchain Initiative
Deutsche Bank’s Layer 2 blockchain solution is set to go public and operate as a permissioned network, according to its tech partner. This initiative aims to strike a balance between accessibility and security, leveraging blockchain to streamline financial services and enhance operational efficiency.
The decision to adopt a public, permissioned model reflects a growing trend among enterprises seeking to harness the benefits of decentralization while maintaining control over sensitive data. Deutsche Bank’s approach could serve as a blueprint for other financial institutions exploring blockchain adoption.
Source: CoinDesk
KuCoin’s “Light Up Africa” Initiative Brings Hope to Thousands
Cryptocurrency exchange KuCoin has made a significant impact through its “Light Up Africa” donation ceremony in Ghana, benefiting 36,000 children across the continent. The initiative combines blockchain technology with philanthropy to address energy poverty and support education.
By leveraging blockchain for transparency in charitable contributions, KuCoin sets an example of how the crypto industry can drive meaningful social change. The project demonstrates the potential of blockchain to empower communities and foster sustainable development.
Source: PR Newswire
Industry Implications and Key Takeaways
Today’s developments highlight the transformative potential of blockchain across multiple domains:
- Integration with Traditional Finance: BlackRock’s ETF underscores the synergy between blockchain and established financial systems.
- Tokenization Trends: Plume’s funding success reflects the growing demand for digital asset solutions.
- Quantum-Resistant Technologies: SEALSQ and Hedera’s partnership addresses emerging cybersecurity challenges.
- Enterprise Blockchain Adoption: Deutsche Bank’s public, permissioned network showcases the adaptability of blockchain in financial services.
- Social Impact: KuCoin’s philanthropic efforts illustrate blockchain’s capacity to drive positive societal outcomes.
The post Blocks & Headlines: Today in Blockchain (BlackRock, Plume, SEALSQ, Hedera, Deutsche Bank, KuCoin) appeared first on News, Events, Advertising Options.
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