Blockchain
EarnHub’s Utilities Aim to Reshape the Crypto Investment Space in 2022
Los Angeles, California–(Newsfile Corp. – December 23, 2021) – EarnHub Token ($EHB) launched Saturday, 12/18 and has been making waves in the cryptocurrency industry by innovating standard yield opportunities such as staking and frictionless yields with their utilities. Two of the token’s core developments, AnyFlect and Mirror Staking Pools, are already changing how investors think about revenue generation compared to traditional banks or Automatic Market Makers (AMMs).
Figure 1: EarnHub’s Utilities Aim to Reshape the Crypto Investment Space in 2022
Market Valuation
EarnHub achieved 6,000 new holders in its first few days, sitting at a market cap just over $250,000,000. $EHB pays out generated revenue to users through it’s distinctive use cases and aims to become fully autonomous in marketing and yields in the coming years.
AnyFlect System
EarnHub’s AnyFlect system allows users to choose any token on the Binance Smart Chain as the individual’s revenue, paying out in a queue system. The use case of this development renders other reflection tokens obsolete – by engaging users with autonomous payouts in anything they want. This utility also acts as a portfolio diversification tool, bringing new cryptocurrencies directly to users.
Staking Pools
The Mirror Staking Pools offers two unique changes to traditional staking: Circumventing impermanent loss and introducing new exciting and fresh cryptocurrencies on the market to users. By driving in rewards via token volume, the APY’s can inflate, giving out high payouts in “partner” tokens that directly work with the entire EarnHub ecosystem.
Team Vision
The team behind EarnHub aims to provide a new take on changing the world with cryptocurrency. “Traditionally with banks we are limited to the fixed-rate APYs offered to us, and with AMMs in the crypto space there comes incredible risk with staking. We aimed to build something that diversified portfolios, broke tradition, and ultimately reduced risk that comes with crypto,” said Rover, the team’s Chief Marketing Officer.
Future Development
The EarnHub team plans to continue expanding into other traditional economic systems. With an upcoming Play to Earn gaming system, the rewards can be utilized in the dApp for additional ways to generate revenue within the ecosystem.
Other new developments on the way include a credit card to crypto payment gateway, holder referral system, and loyalty tiered bonuses. The EarnHub team focuses heavily in the NFT space and intends to bring quality projects to the market with an entire minting platform, as well as real world use cases to introduce blockchain technology to a wider audience.
CoinMarketCap: https://coinmarketcap.com/currencies/earnhub/
Website: https://earnhub.fi
Twitter: https://www.twitter.com/EarnHubBSC
Telegram: https://t.me/EarnHubBSC
YouTube: https://www.youtube.com/c/earnhub
Discord: https://discord.gg/earnhub
Twitch: https://www.twitch.com/earnhub
GitBook: https://earnhub.gitbook.io
Medium: https://earnhub.medium.com
Instagram: https://www.instagram.com/earnhubbsc
Reddit: https://www.reddit.com/r/EarnHub
Media contact
Company: EarnHub
Email: [email protected]
To view the source version of this press release, please visit https://www.newsfilecorp.com/release/108396
Blockchain
Anticipated Return of $9B Mt. Gox-era Bitcoin May Spur Market Anxiety
The anticipated return of $9 billion worth of Bitcoin from the Mt. Gox era has the potential to stir anxiety within the cryptocurrency market. This significant influx of Bitcoin, which has been tied up since the collapse of the Mt. Gox exchange in 2014, raises questions about its potential impact on market dynamics and investor sentiment.
The return of these long-dormant Bitcoin holdings may lead to increased volatility and uncertainty in the cryptocurrency market. Market participants are likely to closely monitor the movement of these funds and assess their potential impact on Bitcoin prices and overall market stability.
Additionally, the large-scale return of Bitcoin from the Mt. Gox era may trigger concerns about potential selling pressure and its effect on market liquidity. Investors may anticipate fluctuations in Bitcoin prices as these funds are reintroduced into the market and traded.
Furthermore, the return of these Bitcoin holdings highlights the ongoing legal and regulatory challenges associated with the Mt. Gox saga. The resolution of this long-standing issue could have far-reaching implications for investor confidence and the perception of security within the cryptocurrency ecosystem.
Overall, the anticipated return of $9 billion worth of Bitcoin from the Mt. Gox era has the potential to evoke anxiety among market participants and prompt heightened scrutiny of market dynamics. As the cryptocurrency market braces for this significant development, it remains to be seen how it will navigate the potential challenges and opportunities presented by the return of these funds.
Source: blockchain.news
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Blockchain
Binance Faces Lawsuit in Canada for Selling Crypto Derivative Products Without Registration
Binance is currently embroiled in a legal dispute in Canada over allegations of selling cryptocurrency derivative products without proper registration. This lawsuit underscores the regulatory challenges facing the cryptocurrency exchange in various jurisdictions.
The lawsuit accuses Binance of offering crypto derivative products to Canadian investors without obtaining the necessary registration from Canadian securities regulators. This legal action highlights the importance of compliance with regulatory requirements in the cryptocurrency industry, particularly concerning the sale of derivative products.
Binance’s legal woes in Canada reflect broader concerns about regulatory compliance and investor protection within the cryptocurrency sector. As authorities worldwide increase scrutiny of cryptocurrency exchanges and trading platforms, companies like Binance face mounting legal and regulatory challenges.
The outcome of this lawsuit could have significant implications for Binance and the broader cryptocurrency industry in Canada. Depending on the court’s ruling, it could lead to increased regulatory oversight and stricter enforcement measures for cryptocurrency exchanges operating in the country.
In response to the lawsuit, Binance has stated that it is committed to compliance with all applicable laws and regulations in the jurisdictions where it operates. However, the outcome of this legal dispute will likely shape the regulatory landscape for cryptocurrency exchanges in Canada and influence their future operations and compliance efforts.
Source: blockchain.news
The post Binance Faces Lawsuit in Canada for Selling Crypto Derivative Products Without Registration appeared first on HIPTHER Alerts.
Blockchain
Cardano Foundation Launches PRAGMA: A New Chapter in Open-Source Blockchain Development
The Cardano Foundation has announced the launch of Pragma, marking a significant milestone in open-source blockchain development. Pragma aims to revolutionize Cardano by enhancing its infrastructure through innovative open-source projects.
Pragma represents a new chapter in the evolution of Cardano, focusing on improving its underlying infrastructure and expanding its capabilities. The initiative underscores the Cardano Foundation’s commitment to fostering innovation and driving progress within the blockchain ecosystem.
By leveraging open-source projects, Pragma seeks to enhance Cardano’s functionality and scalability, paving the way for broader adoption and increased utility. These efforts are expected to unlock new opportunities for developers and users alike, further cementing Cardano’s position as a leading blockchain platform.
Pragma’s launch highlights the ongoing evolution of Cardano and its commitment to pushing the boundaries of blockchain technology. Through collaborative open-source development, Pragma aims to address key challenges and drive continuous improvement within the Cardano ecosystem.
The Cardano Foundation’s announcement of Pragma signals a significant step forward in its mission to build a decentralized and sustainable blockchain infrastructure. With Pragma, Cardano is poised to embark on a new era of innovation and growth, setting the stage for a future of unprecedented possibilities in blockchain development.
Source: cryptonews.com
The post Cardano Foundation Launches PRAGMA: A New Chapter in Open-Source Blockchain Development appeared first on HIPTHER Alerts.
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