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Tezos News: Added By Bitfinex And Evolve Markets

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Tezos news

Tezos (XTZ) cryptocurrency has seen a lot of positive activity recently, with Evolve Markets adding it to its trading platform, and Bitfinex going as far as to add trading pairs for XTZ.

Tezos trading comes to Evolve Markets

Evolve Markets is a trading platform for cryptocurrencies, commodities, FOREX, as well as indices. It allows its users to trade numerous crypto assets like Bitcoin, new altcoins, and alike. Even so, it is probably best-known for allowing users to leverage up to 50X, while at the same time, it is boasting full depth-of-market, order book trade matching, as well as BTC and LTC as its base currencies.

Now, the great Tezos news claim that the exchange is also adding this crypto, and it offers 2x leverage, which makes it pretty much the only platform that does it. This addition will be a good thing for Evolve since the platform continues to grow. As for Tezos itself, it wants to become the first self-amending crypto in the world. Its last year’s ICO managed to raise as much as $232 million.

The platform also recently added Ethereum Classic, Zcash, Bitcoin Cash, Monero, EOS, and Dash. Additionally, it is known for its great security measures, like securing deposits in cold storages. It never exposes the private keys to the internet, which significantly reduces the chances of being hacked. Finally, all data is encrypted, which is yet another important security layer that protects the investors’ funds.

Tezos gets trading pairs on Bitfinex

Continuing with good Tezos news, the coin also got on one of the world’s largest exchanges — Bitfinex. The exchange decided to add the coin just a short while after Tezos launched its MainNet. Not only that, but Tezos also got two exchange pairs XTZ/BTC and XTZ/USD.

Despite the fact that this is ultimately a great Tezos news, the coin still lost some of its value due to another price drop. Even the successful launch of its MainNet did not manage to prevent this, as the coin lost $171 million.

Of course, some skeptics claim that the market reacted negatively to the launch of the MainNet. This is a rare occurrence, but it can happen. The only problem with this theory is the fact that Tezos wasn’t the only coin to go down. In fact, the entire market once again suffered big losses. For many, this is confirmation enough that the MainNet was not responsible for the Tezos price drop.

In the end, it would seem that Tezos just has a natural bad luck to make its biggest moves at all the wrong moments. The coin is currently ranked as 16th as per CoinMarketCap, with its value being at $1.52 at the time of writing. Whether Tezos’ luck is going to turn anytime soon is anyone’s guess, but the recent listings are definitely working in its favor.

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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

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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:

https://medium.com/mycryptoheroes/new-ecosystem-with-mchcoin-en-a6a82494894f

During December 2020 the first governance…

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Rewards Platform StormX Offers 50% Crypto Cashback Bonus for Thanksgiving

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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

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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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