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LBank Exchange Will List Woonkly Power (WOOP) on January 17, 2022

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Internet City, Dubai–(Newsfile Corp. – January 13, 2022) – LBank Exchange, a global digital asset trading platform, will list Woonkly Power (WOOP) on January 17, 2022. For all users of LBank Exchange, the WOOP/USDT trading pair will be officially available for trading at 16:00 (UTC+8) on January 17, 2022.

Figure 1: LBank Exchange Will List Woonkly Power (WOOP) on January 17, 2022

The NFT (Non-Fungible Token) market has become one of the most successful markets in the crypto space as its value and popularity have been growing exponentially in recent years. As a decentralized social network, Woonkly is here to decentralize social posts by restoring power to the user while allowing them to monetize in a new way through NFTs and through gamification. Its native token Woonkly Power (WOOP) will be listed on LBank Exchange at 16:00 (UTC+8) on January 17, 2022, to further expand its global reach and help it achieve its vision.

Introducing Woonkly Metasocial Network

Woonkly Metasocial Network is a Decentralized Social Network where all posts are converted into NFTs directly, where users have full control of their data and where the content is not uploaded to a server but to users’ computers through IPFS (interplanetary file system) allowing the creation of a decentralized global directory of creators, influencers, talents, users and metaverses, interacting with each other and creating new ways to monetize content. Creators can upload their audiovisual works and establish royalties for them. Almost any type of media file is eligible to be converted to an NFT. From songs to video clips, from podcasts to books, from selfies to metaverse lands.

The mission of Woonkly is to allow creators, influencers, talents, gamers, metaverses, users, and games to have a point of reference to monetize and socialize in a decentralized way. Its vision is to become the world directory between reality and the metaverse, connecting creators, influencers, and brands internationally with metaverses, play-to-earn games, and users.

Currently, Woonkly works on 2 Blockchains, the BSC network, and the Ethereum network. It will soon be included in the Avalanche and Solana networks and in the future, it will migrate to its own public blockchain.

About WOOP Token

As the utility token of Woonkly created on BSC, Woonkly Power (WOOP) reduces by 50% the commissions in the purchase and sale of NFTs in the social network, the income from advertising, or any other services provided by the platform. It’s also the only token that can buy or sell Woonkly.com Super Powers and the only token for programs such as Woonkly Gallery House and Woonkly Creators House.

The total supply of WOOP is 1 billion (i.e. 1,000,000,000), 41.5% of it is currently owned by the Community, 40% is allocated to the team and advisors, 15% is reserved for award ecosystem, marketing, and operation, 1% is provided for liquidity which is locked for 12 months, and the rest 2.5% is provided for liquidity in Exchanges. The 1 billion of WOOPs are pre-mined and no more can be created, which means that the number of WOOPs in circulation is finite and non-inflationary.

The WOOP token will be listed on LBank Exchange at 16:00 (UTC+8) on January 17, 2022, investors who are interested in Woonkly investment can easily buy and sell WOOP on LBank Exchange by then. The listing of WOOP on LBank Exchange will undoubtedly help it further expand its business and draw more attention in the market.

Learn More about WOOP Token:

Official Website: https://woonkly.com
Telegram: https://t.me/WOONKLYEN
Twitter: https://twitter.com/WoonklyEN
Facebook: https://www.facebook.com/woonkly/
Instagram: https://www.instagram.com/woonkly

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 from now more than 210 regions around the world.

Start Trading Now: lbank.info

Community & Social Media:

Telegram
Twitter
Facebook
Linkedin

Contact Details:

LBK Blockchain Co. Limited
LBank Exchange
[email protected]

PR Contact

ZEXPRWIRE
[email protected]

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/109996

Newsfile is a customer-focused newswire team that delivers press releases and corporate announcements to the global financial community. Approved by all stock exchanges, Newsfile offers broad access to media, analysts, investors and market participants. With agile services, proactive customer care and affordable pricing; Newsfile makes it easy for companies to tell their story to the audiences they need to reach.

Blockchain

Anticipated Return of $9B Mt. Gox-era Bitcoin May Spur Market Anxiety

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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

The post Anticipated Return of $9B Mt. Gox-era Bitcoin May Spur Market Anxiety appeared first on HIPTHER Alerts.

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Blockchain

Binance Faces Lawsuit in Canada for Selling Crypto Derivative Products Without Registration

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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.

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Blockchain

Cardano Foundation Launches PRAGMA: A New Chapter in Open-Source Blockchain Development

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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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