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Binance, the world’s largest cryptocurrency exchange, has launched CreatorPad, a new monetization platform, on Binance Square, according to information shared with Finbold on July 17.  CreatorPad enables crypto content creators to earn rewards for high-quality posts, while providing projects with the opportunity to engage with Binance Square’s 35 million monthly users. Using campaign-based tasks, creators can participate in activities such as publishing content, applying specific hashtags, and interacting with projects to earn rewards and recognition.  The platform monitors participation in real-time and maintains a Mindshare Leaderboard that ranks creators based on meaningful, consistent, and relevant contributions. Content quality over quantity  CreatorPad prioritizes content quality over quantity, with Features designed to eliminate low-value or repetitive posts while encouraging genuine and meaningful engagement.  “This ...

Rarible, a renowned multi-chain non-fungible token marketplace, has non-fungible token trading on MegaETH’s Testnet. The Rarible and MegaETH teams are giving their users an exclusive chance to mint two non-fungible token collections to celebrate this launch. MegaETH is a blockchain network still under incubation and is slated to rekindle the fire in the global non-fungible token market once fully launched. Rarible Launches NFT Trading on MegaETH’s Testnet In an April 11 blog post, MegaETH, an X account Bringing you the latest updates and alpha on MegaETH and its ecosystem, confirmed that Rarible has just launched its NFT marketplace and launchpad on MegaETH’s testnet. In the world of cryptocurrency, a launchpad is a platform that facilitates the fundraising of blockchain projects by connecting them with early-stage investors. Rarible has just launched its NFT marketplace and launchpad on MegaETH's testnet. To celebrate this launch, you can now mint two NFTs: ...

Meme Index ($MEMEX) has rocketed past $3.4 million in presale as investors rush to buy into its first-ever diversified meme coin funds. With tens of thousands of new tokens launching daily, finding a gem that provides the 100x returns many in crypto seek is difficult. But with the Meme Index, there’s no need to play the guessing game. Investors can instead invest in a basket of new meme coins. This diversified approach helps investors balance their risk. So, even if only three out of 10 tokens in an index deliver a 10x return, the overall investment would likely still be profitable. While the returns may not be as high as finding a gem, it would still protect investors from losing everything. Early investors can access these indexes by purchasing the project’s native token, $MEMEX, which is currently in presale at $0.0159713 for the next 48 hours. Why Sift Through Tens Of Thousands Of Meme Coins Launched Daily When You Can Buy Meme Ind...

World Liberty Financial, the cryptocurrency project backed by Donald Trump and his sons, appears to have launched, though the website has struggled under the initial load, repeatedly going offline. Blockchain data suggests that the token currently has over 2,900 holders, and 0x5be9a4959308A0D0c7bC0870E319314d8D957dBB, an address that seems to be a multisignature wallet for this project, holds approximately $3.7 million in ether, $1.2 million in tether, and $240,000 worth of USDC.  It was previously reported that over 100,000 investors had provided the documents required to be placed on the whitelist ahead of the token’s launch. However, the launch has not all been smooth sailing with the World Liberty Financial website struggling to stay online and appearing to be frequently inaccessible.  What is World Liberty Financial? Read more: Scammers cash in as Donald Trump fumbles World Liberty Financial launch World Liberty Financial is a thin wrapper around the Aave lending pr...

The Decentralized Autonomous Organization (DAO) behind the Dash (DASH) cryptocurrency has agreed upon the Evolution (Evo) upgrade. Talking exclusively to Finbold, Joel Valenzuela explained the “ chaotic mainnet” approach, calling it the “most significant release” for Dash. Dash masternodes have voted favorably on the approval of a proposal called “Evo Accelerated Launch Release Schedule.” On June 23, Samuel Westrich, Dash Core Group CTO, announced the approval with 68% votes in favor, excluding abstains. The community has called it the “Genesis phase” of the Evolution release. Therefore, the Dash Evolution platform will be released on July 19 in a “chaotic mainnet” with continued development activity. Joel Valenzuela, Business Development and Marketing for Dashpay, compared this release to THORChain’s (RUNE) “chaosnet” launch. ...

Pullix raises $7M in presale, nearing eagerly awaited launch. The presale is in the final stage and over 3 million tokens have already been sold. PLX token empowers users with passive income and trading discounts. Pullix, a pioneering force in decentralized finance (DeFi), has garnered significant attention as it approaches the culmination of its presale phase. With $7 million raised thus far, Pullix stands poised to revolutionize the crypto trading landscape with its innovative hybrid exchange platform. As the presale’s final stage quickly progresses, anticipations are mounting for the much-anticipated launch of Pullix, which could signal a new era in crypto trading. Pullix: bridging centralized and decentralized trading Pullix introduces a novel approach to DeFi with its hybrid exchange, seamlessly integrating the strengths of centralized and decentralized platforms. At the core of the Pullix exchange lies the PLX token, which empowers users with ...

Gulf Binance, a collaborative venture between global cryptocurrency exchange Binance and Thailand’s Gulf Innova, has officially launched its exchange services in Thailand. On Jan. 16, Binance TH announced that its exchange is now open to all eligible users. According to reports, it Features a dedicated order book for Thai baht trading pairs. Additionally, the platform boasts seamless integration with Thailand’s banking systems, simplifying local currency deposits and withdrawals. #Binance TH by Gulf Binance, licensed by Thailand’s Ministry of Finance and regulated by Thailand SEC, is now accessible to all eligible users. Gulf Binance, the joint venture between Binance’s subsidiary and Gulf Innova, will be offering THB deposits and withdrawals. — Binance (@binance) January 16, 2024 The launch follows two months after Binance secured authorization from Thailand’s Securities and Exchange Commission (SEC) to start operations, initially on an invite-only basi...

Pi Network has announced ‘Decentralized Moderation’ on Web3 social platform Fireside Forum. The feature is geared towards incentivising better Web3 social interactions. Fireside Forum was launched in June this year. Pi Network has announced plans for the launch of a new feature dubbed “Decentralized Moderation” the Web3 social platform Fireside Forum. Fireside Forum’s decentralised moderation feature In a blog post on December 12, the Pi Network team said “Decentralized Moderation” is currently in the development phase. When it rolls out, it will bring decentralised social content moderation to users, incentivising them towards “meaningful and respectful online conversations.” The aim is to foster a Web3 social experience where blockchain will be more than a layer of ownership. According to Pi, this is its vision for Fireside Forum, which launch ed in June 2023 and has seen steady user interaction. ...

In a Sept. 11 post on X, Mountain Protocol announced the launch of USDM, an ERC-20 yield -bearing stablecoin . Mountain Protocol, granted a digital asset business license by the Bermuda Monetary Authority, can now issue, sell, and redeem USDM. The thread on X (formerly Twitter) claims that the token is fully backed by short-term U.S. treasuries while offering users daily rewards through rebasing at a rate of 5% APY. The protocol states that the mechanism for rebasing is similar to Lido Finance’s stETH and will be familiar to most of the crypto community. 1/ Today we publicly launch Mountain Protocol and $USDM. Also announcing a financing round led by @nic_carter from @CastleIslandVentures with participation from @cbventures, @newformcapital, @daedalus_angels, @ameensol, @ASvanevik, @maraoz, @demibrener among others. pic.twitter.com/rWLYpwStHL — Mountain Protocol | USDM (@MountainUSDM) September 11, 2023 The stablecoin is also marketed for its ability to allow non-U.S. us...

Threads, Meta’s newly launch ed microblogging app, has become a target for scammers wasting no time trying to deceive users . The platform has already drawn the attention of several influential Crypto Twitter users , who are sounding the alarm about imposter accounts lurking on Threads. On July 8, decentralized finance platform Wombex Finance shared an image of an imposter Threads account pretending to be associated with their project. Wombex Finance promptly alerted users , cautioning them that scammers could potentially operate the account since their project was not present on the Threads platform. Attention, #WombexWarriors! Please be aware that Wombex Finance DOES NOT have an account on the Threads platform. Any account claiming to be Wombex Finance on that platform is fraudulent and is operated by a scammer! To avoid scams, always refer to our official channels:… pic.twitter.com/uU8fc2lTiB — Wombex (@WombexFinance) July 8, 2023 Similarly, nonfungible token (NFT)...

Golden Inu, a community-focused project, has just passed $110,000 in its GOLDEN token presale .  Aimed at displacing today’s top meme coins, it’s been dubbed the “ Shiba Inu Killer ” and poses a serious threat to Dogecoin’s top rank. Golden Inu presale The second round ends at 80 ethereum (ETH). However, there are four rounds in all where funds will create the Golden Inuverse, which would issue participants a utility token that provides passive crypto rewards in a cutting-edge DAO ecosystem. The project has raised approximately 56.4 ETH and issued 3.1 quadrillion GOLDEN tokens out of the six quadrillion tokens set for the presale . The public presale would allow investors to acquire GOLDEN at a fraction of its value before price appreciation. Following the presale , GOLDEN will be listed on popular decentralized exchanges PancakeSwap and Uniswap.  The team also plans to list the token on other major exchanges like Uniswap in the near future, expanding its accessibility to a b...

Frax Finance, known for creating decentralized stablecoins, announced the launch of its own layer-2 blockchain. The introduction of Fraxchain is scheduled to take place by the end of 2023. The Frax team is most well known for frxETH, a loosely pegged algorithmic ETH stablecoin that is partially collateralized.  According to Blockworks Research, frxETH has been the fastest-growing liquid staking product since its launch ; it has grown from $0 to $378 million in less than eight months.  It also has a unique staking model that is made possible through sfrxETH — an ERC-4626 vault that accrues staking yield for frxETH validators. “One key differentiator in the protocol’s staking model is the frxETH and sfrxETH dynamic, where liquidity provider incentives for frxETH entice holders to forgo staking for sfrxETH,” Blockworks Research said.  The launch of Fraxchain Fraxchain will be Frax Finance’s very own EMV-compatible layer-2. It will likely launch the chain before year’s end, Frax F...