Blockchain
ITEMVERSE (ITEM) Is Now Available for Trading on LBank Exchange
Internet City, Dubai–(Newsfile Corp. – June 10, 2022) – LBank Exchange, a global digital asset trading platform, has listed ITEMVERSE (ITEM) on June 9, 2022. For all users of LBank Exchange, the ITEM/USDT trading pair is now officially available for trading.
Figure 1
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Combining SIEGEANDUNITE’s rich blockchain experience and crypto tokens with Andromeda Games’ success title and attractive new games, ITEMVERSE (ITEM) aims to deliver profitable GameFi that keeps users entertained. Its native token ITEM has been listed on LBank Exchange at 18:00 (UTC+8) on June 9, 2022, to further expand its global reach and help it achieve its vision.
Introducing ITEMVERSE
To solve the problems facing the digital content industry such as high platform fees, lack of digital asset sovereignty, huge advertising and marketing costs, etc., ITEMVERSE is created as a solution that combines SIEGEANDUNITE’s rich blockchain experience and crypto tokens with Andromeda Games’ success title and attractive new games, delivering profitable GameFi that keeps user entertained.
ITEMVERSE is developing its own NFT market, Play-to-Earn (P2E) games, DEX, NFT soft wallet and hard wallet, and will maintain game ecosystem by continuously updating games for 2 years. There will be various mixes of games including RPGs, sports, etc., and ITEMVERSE will add games through DAO proposals and votes in the future. With separate coins for each game and various NFT item updates, ITEMVERSE continues to provide users with profit-seeking opportunities in addition to the fun of the game.
The team of ITEMVERSE is building a GameFi ecosystem with production staff who have been making games for more than 20 years and coin experts who have created communities since the beginning of the blockchain, and it will provide games, markets, and services that will make big profits by discovering game models that can make profits through tokens and NFTs.
About ITEM Token
ITEM is the main native token of ITEMVERSE, used for direct investment in GameFi, NFT purchases and transactions. It can also be used for governance such as DAO proposes and votes on platform development and direction. Users can participate in staking and yield farming to earn interest.
Based on BEP-20, ITEM has a total supply of 5 billion (i.e. 5,000,000,000) tokens, of which 10% is provided for private sale, 2% is provided for public sale, 18% is provided for P2E, 20% is provided for staking and yield farming, 30% is allocated to the team and advisor, 5% will be used for marketing, and the rest 15% is reserved by foundation for further activities in the future, including communities, development and marketing.
The ITEM token has been listed on LBank Exchange at 28:00 (UTC+8) on June 9, 2022, investors who are interested in ITEMVERSE investment can easily buy and sell it on LBank Exchange right now. The listing of ITEM token on LBank Exchange will undoubtedly help it further expand its business and draw more attention in the market.
Learn More about ITEM Token:
Official Website: https://itemverse.io/en_index.php
Twitter: https://www.twitter.com/itemverse_game
Medium: https://medium.com/@itemVerseOfficial/
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 7 million users from now more than 210 regions around the world.
Start Trading Now: lbank.info
Community & Social Media:
l Telegram
l Twitter
l Facebook
l LinkedIn
l Instagram
l YouTube
Contact Details:
LBK Blockchain Co. Limited
LBank Exchange
[email protected]
[email protected]
To view the source version of this press release, please visit https://www.newsfilecorp.com/release/127104
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
The post Anticipated Return of $9B Mt. Gox-era Bitcoin May Spur Market Anxiety appeared first on HIPTHER Alerts.
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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