Blockchain
LBank Exchange Will List 2022MOON on December 3, 2021
Internet City, Dubai–(Newsfile Corp. – December 2, 2021) – LBank Exchange, a global digital asset trading platform, will list 2022MOON (2022M) token on December 3, 2021. For all users of LBank Exchange, the 2022M/USDT trading pair will be officially available for trading at 16:00 (UTC+8) on December 3, 2021.
Figure 1: LBank Exchange Will List 2022MOON on December 3, 2021
Meme coins have been making huge impacts on crypto world in recent years, fans and crypto enthusiasts across the globe have built numerous strong meme coin communities. As a member of meme coin family, 2022MOON (2022M) believes that 2022 will be the year when cryptocurrencies become a true asset class. The 2022M token will be listed on LBank Exchange at 16:00 (UTC+8) on December 3, 2021, to further expand its global reach and help it achieve its vision.
Introducing 2022MOON
2022MOON is a meme token which believes that the cryptocurrency market is now getting ready to take the leap and evolve. Its team has been contemplating for a long time what they can do in this market, as 2022 will be the year when cryptocurrencies become a true asset class. People have gained more and more faith in cryptocurrencies in recent years, and the memecoin ecosystem is growing stronger than ever, becoming the center of the crypto world. 2022MOON is currently developing on Cross-chain, Dapp, DEX, NFT Marketplace, Donation, GameFi, Rocket, Metaverse, AR and the whole new universe which is full of new technologies to reach space and the Moon. With a ’22 Application’ including great UX NFT marketplace, multi-languages DEX, and soft wallet for DeFi, 2022MOON believes that it is one step ahead of other memecoins.
2022MOON is currently working on two flagship utility projects: 22SWAP and NFT Marketplace. 22Swap is an application that supports real-time conversion to various languages, and the team is making it works 100% on mobile without any problems. The overall project is English-based, but more languages will be added soon. In NFT and merchandise marketplace, 2022MOON provides a place where people can buy and sell NFTs and merchandise easily and conveniently in various languages at any time.
2022MOON token will be available on several blockchains, it’s only available on BSC for now, but it will be available on Ethereum, Solana, Cardano and more in the future with 1:1 bridge system.
Tokenomics of 2022M
The total supply of 2022M is 2 quadrillion (i.e. 2,000,000,000,000,000), 50% of it is for burning, 9% was for presale, 6.3 is provided for liquidity, 5% is for anti-rug system, and the rest 29.7% is for unlocking. 2022M taxes 10% on every buy and sell, 2% of it goes to liquidity pool, 5% goes to marketing and development wallet and anyone can track its deposit and transaction information, 2% is redistributed to existing holders of 2022M, and the rest 1% will be burned at every full moon phase. LBank Exchange supports 2022M trading rewards and will take a daily system snapshot of 2022M trading, then send the rewards to users at T + 1.
The 2022M token will be listed on LBank Exchange at 16:00 (UTC+8) on December 3, 2021, investors who are interested in 2022MOON investment can easily buy and sell 2022M token on LBank Exchange by then. The listing of 2022MOON on LBank Exchange will undoubtedly help it further expand its business and draw more attention in the market.
Learn More about 2022M Token:
Official Website: https://www.2022moon.com
Twitter: https://twitter.com/official_2022m
Telegram: https://t.me/official_2022MOON
Listing Announcement on LBank Exchange: https://support.lbank.site/hc/en-gb/articles/4410865776665-2022M-2022MOON-will-be-listed-on-LBank
About LBank Exchange
LBank Exchange, founded in 2015, is an innovative global trading platform for various crypto assets. LBank Exchange provides its users with safe crypto trading, specialized financial derivatives, and professional asset management services. It has become one of the most popular and trusted crypto trading platforms with over 6.4 million users in more than 210 countries around the world.
Visit us on social media:
Contact Details:
LBK Blockchain Co. Limited
LBank Exchange
[email protected]
To view the source version of this press release, please visit https://www.newsfilecorp.com/release/106298
Blockchain
Supply Chain Finance Market Forecast to Reach $9.4 Billion by 2029: Increasing Emphasis on Sustainable Sourcing
Global Supply Chain Finance Market
Blockchain
Web3 Startups Raise Nearly $1.9B in Q1 2024 Despite Overall Downtrend in Crypto VC Interest
Venture capital funding for cryptocurrency and blockchain projects has seen a notable resurgence in the first quarter of 2024, marking its first quarterly rise since 2021. Crunchbase data released today indicates that Web3 startups secured nearly $1.9 billion in funding across 346 deals during this period. This represents a substantial 58% increase from the previous quarter, offering a glimmer of hope amidst the ongoing downward trend in overall crypto VC interest.
The recent surge in funding can be attributed to investors adopting a more long-term perspective on Web3, as opposed to the hype-driven “tourist investors” predominant in recent years. Chris Metinko, the author of the report, notes that investors are shifting their focus to the AI sector, indicating a change in investment strategy. There is a growing interest in supporting the foundational infrastructure of the decentralized internet, rather than solely concentrating on crypto wallets and lending platforms, which attracted significant investments during the peak period of 2021 to 2022.
While large funding rounds were relatively uncommon in Q1, several notable investments stood out. Exohood Labs, a company integrating AI, quantum computing, and blockchain, secured a remarkable $112 million seed round at a valuation of $1.4 billion. EigenLabs, an Ether token “restaking” platform, raised $100 million in a Series B round led by a16z crypto. Additionally, Freechat, a decentralized social network leveraging blockchain technology, secured $80 million in a Series A round. These investments, among others, contributed to the increase in valuations and the emergence of four new Web3 unicorns in Q1.
Despite the recent progress, the future trajectory of Web3 remains uncertain. Metinko suggests that the next few quarters will be pivotal in determining the industry’s direction. While investors anticipate a rebound in investment as the decentralized internet evolves, it may take another year for venture capital activity to stabilize after the exuberance of 2021. Factors such as the approval of U.S. spot Bitcoin exchange-traded funds and the upcoming Bitcoin halving could also influence the market, given the rising prices of Bitcoin and Ether.
A noteworthy example of significant funding in the Web3 space is Monad Labs’ recent successful funding round, which secured $225 million led by Paradigm. Monad Labs is a layer-1 blockchain compatible with Ethereum, offering faster transaction processing. This funding round harkens back to the golden era of crypto funding in 2021-2022, when L1 solutions attracted substantial investments.
Earlier this year, Balance, a digital asset custodian based in Canada, announced that it had once again reached $2 billion in assets under custody (AUC) amidst the recent market recovery. Similarly, Korea Digital Asset (KODA), the largest institutional crypto custody service in South Korea, has experienced remarkable growth in crypto assets under its custody, expanding by nearly 248% in the second half of 2023.
Analysts at Bernstein Research project that crypto funds could reach an impressive $500 billion to $650 billion within the next five years, representing a significant leap from the current valuation of approximately $50 billion. This forecast underscores the growing optimism and potential for substantial growth within the crypto industry in the coming years.
Source: cryptonews.com
The post Web3 Startups Raise Nearly $1.9B in Q1 2024 Despite Overall Downtrend in Crypto VC Interest appeared first on HIPTHER Alerts.
Blockchain
ASIC cracks down on blockchain mining firms
Three blockchain mining companies – NGS Crypto, NGS Digital, and NGS Group – along with their directors, Brett Mendham, Ryan Brown, and Mark Ten Caten, are facing legal action from the Australian Securities and Investments Commission (ASIC) for allegedly operating without a license, in violation of Australia’s Corporations Act. ASIC initiated legal proceedings against these entities on April 9, citing concerns about their non-compliance with financial regulations and their solicitation of Australian investors.
According to ASIC, the NGS companies promoted blockchain mining packages with fixed-rate returns to Australian investors, encouraging the transfer of funds from regulated superannuation funds to self-managed superannuation funds (SMSFs) for conversion into cryptocurrency. Approximately 450 Australians invested a total of around USD 41 million in these packages, raising concerns about potential financial losses.
The legal action filed by ASIC alleges that the companies violated section 911A of the Corporations Act, which prohibits companies from providing financial services without a valid Australian Financial Services Licence (AFSL). ASIC is seeking interim and final court orders to prohibit the NGS companies from offering financial services in Australia without an AFSL.
ASIC Chair Joe Longo emphasized the importance of investors carefully considering the risks before investing in crypto-related products through their SMSFs. Longo stated that ASIC’s actions send a message to the crypto industry about the regulator’s commitment to ensuring compliance with regulations and protecting consumers.
In a separate development, the Federal Court appointed receivers for the digital currency assets associated with the NGS companies and their directors to safeguard these assets amid concerns about the risk of dissipation. Mendham was also issued a travel restriction order, preventing him from leaving Australia.
While a court date for the proceedings has not been set, ASIC’s investigation is ongoing, with the regulator continuing to gather evidence and build its case. It is worth noting that the investigated companies share a similar name with NGS Super, a legitimate Australian pensions provider, leading to potential confusion among investors. NGS Super clarified that it is not involved in selling cryptocurrency or related products and has taken legal action to protect its trademark and members’ interests.
Source: iclg.com
The post ASIC cracks down on blockchain mining firms appeared first on HIPTHER Alerts.
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