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ADA Cardano News: ADA Joins Bittrex and Abra



ADA Cardano news

Despite the crypto market’s bearish nature returning once again, recent ADA Cardano news still managed to remain mostly positive.

ADA Cardano news allow investors to stay optimistic

This year has been marked as one of the worst ones in the recent history of cryptocurrencies. Ever since mid-January, cryptos have been experiencing price drops almost constantly, and bad news continued to pile up. However, despite this, there were a few coins that have made progress, even though their prices went down with the rest of them.

Cardano (ADA) is a crypto that has experienced a significant increase in visibility and exposure, even though its price followed the behavior of the rest of the market. The most recent positive ADA Cardano news have seen this coin joining some big exchanges, with Bittrex being the most important one. In adding ADA, Bittrex exchange added to the coin’ popularity, confidence, and trust.

Another big and positive Cardano news includes the coin joining the Abra wallet. These two entities made a big step towards mass crypto adoption, and have made a big step ahead of the others.

Cardano joins Abra and Bittrex

Cardano’s addition to a known exchange and wallet are a clear signal that the demand for digital assets and fiat currency is there. Still, the fiat pairing will not include all cryptos, since there are strict parameters that the coins need to meet. Mostly, the listing will only include those coins that have a potential for extra liquidity.

Cardano is definitely one of them, but it seems that ZCash might be another such coin. When it comes to Cardano, its goal is to achieve mass adoption primarily in developing countries. The population of these countries usually has very limited access to banking services. The problem grew even more since the fees for such services skyrocketed. However, the population of developing countries still has an access to smartphones and the internet, which is all they need to make use of Cardano. Now, through partnerships such as Abra and Bittrex, ADA is one step closer to offering its services to these populations.

Right now, Bittrex is only processing those deposits that came from the accounts created prior to September 4th. Ensuring that all accounts are KYC compliant is a lengthy process, so it might take some time before the platform completes it. Still, for those looking for good ADA Cardano news, this one ranks pretty high.

Additional benefits to the partnership with Bittrex will include quite advanced security levels and very low transaction fees. ADA pairing is also much more secure than USDT pairing since this option tends to erode the value of other coins due to market’s volatility. ADA has no such issues and can provide its traders with a direct link to numerous fiat currencies.

The timing of these partnerships couldn’t have been more perfect for everyone involved. The current crypto market situation is getting worse each day, and crypto/fiat interaction is dropping alarmingly. Even though this Cardano news did not really improve the price of the coin, it still gave it quite a boost.

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Disclaimer: This article should not be taken as, and is not intended to provide, investment advice. Global Coin Report and/or its affiliates, employees, writers, and subcontractors are cryptocurrency investors and from time to time may or may not have holdings in some of the coins or tokens they cover. Please conduct your own thorough research before investing in any cryptocurrency and read our full disclaimer.

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My Crypto Heroes Announces Issuance of MCH Governance Token



Tokyo, Japan, 24th November, 2020, // ChainWire //

My Crypto Heroes is happy to announce the issuance of MCH Coin as an incentive to players in the My Crypto Heroes ecosystem, aiming to allow them to craft a “User-oriented world”. The MCH coin is available on Uniswap with a newly created pool with ETH. 

My Crypto Heroes is a blockchain-based game for PC and Mobile. It allows users to collect historic heroes and raise them for battle in a Crypto World. Officially released on November 30th, 2018, MCH has recorded the most transactions and daily active users than any other blockchain game in the world.

What is MCH Coin?

MCH Coin is being issued as an ERC-20 Standard Governance Token. The issuance began on November 9th, 2020, with 50 million tokens issued.

Of the funds issued, 40% are allocated to a pay for on-going development and as rewards for advisors and early investors. 10% are allocated to marketing and the growth of the ecosystem, and 50% are allocated to the community. The Distribution Ratio of the MCH Coin is subject to change via a governance decision.

The MCH coin will be used as a voting right as part of the ecosystem’s governance, with 1 coin being 1 vote. It will also be used for in-game utilities and payments. Additional information can be found here:

During December 2020 the first governance…

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Rewards Platform StormX Offers 50% Crypto Cashback Bonus for Thanksgiving



Singapore, Singapore, 23rd November, 2020, // ChainWire //

Blockchain-based rewards platform StormX has released a seasonal promotion for its award-winning Crypto Cash Back App. The promotion will allow app users to earn a 50% bonus on top of their cashback between Thanksgiving Day and Cyber Monday (November 26-30).

StormX has also introduced a brand-new staking service, allowing users to earn an additional 50% per year when they stake STMX tokens. The native ERC20 token of the StormX ecosystem, STMX has a total supply of 10 billion and is available to trade at many of the world’s top exchanges, including Binance and Bittrex.

“With Bitcoin’s price approaching its all-time high, interest in cryptocurrencies has renewed, though some people believe it’s now too expensive to buy in,” said StormX CEO and Co-Founder Simon Yu. “What we have done is create an easy way for such individuals to accumulate bitcoin, ethereum and other cryptocurrencies via everyday shopping.

“We’re also excited to provide users with the ability to earn greater rewards simply by staking their tokens.”

Since the StormX mobile app launched its Shop feature with over 700 stores in February 2020, some 400,000 unique users have been added to the rewards platform. StormX has also witnessed over 50% month-on-month growth for sales. The app is available for download on the App and Google Play Stores, and can be downloaded as a browser add-on from the Chrome Web…

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3 Reasons Why Liquidity Dividends Protocol (LID) Will Be a Huge Winner



Liquidity Dividends Protocol

Since 2017, cryptocurrency has experienced both the crazy highs and the crazy lows with fortunes being made and lost overnight.  That volatility is one of the main reasons why cryptocurrency has been relatively slow to gain mass adoption.  In addition to volatility, another concern for many is the lack of security and regulation in the market.  This can be seen through the countless exchange hacks and rug pulls that seem to occur on a weekly basis.  In order for cryptocurrency to move into the next stage of maturity and bring on mass adoption, investors and users will need to feel secure knowing that their funds are safe.  One promising organization that may have the perfect solution is Liquidity Dividends Protocol (LID).

What is Liquidity Dividends Protocol?

Liquidity Dividends Protocol is an up and coming organization that provides locked liquidity services to cryptocurrency projects that launch their offerings through ERC-20 tokens.  It lets non-custodial pre-sales lock liquidity of a token in a trustless manner through Uniswap.  This locking process will prevent every investor’s worst nightmare of seeing their hard-earned money disappear through “rug pull” scams that are designed to remove liquidity out of DeFi projects.

This year has seen an explosion of interest in Uniswap and DeFi projects.  Many investors have generated enormous returns on investments, but many have experienced the pain of being duped.  Below are three reasons why LID Protocol is poised to be a massive winner in…

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