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Author: CryptoPress

Floki Announces Guerrilla Marketing Competition with $28,000 USDT Prize Pool

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Floki is known as “the people’s crypto,” in large part because of the community’s aggressive, guerrilla-style, memetic marketing on social media sites such as Twitter. The over 400,000 self-styled “Floki Vikings” have established a reputation for swarming “raids” that keep Floki top of mind on crypto Twitter so the hashtag #Floki trends with clockwork regularity. Raid the Real World: Deadline May 1st, 2022 In order to further harness...

Cryptocurrencies, Press release

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wrapped tokens

What are ‘wrapped tokens’?

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Wrapped tokens have opened up a whole new world of possibilities in the cryptocurrency market. But what are they? How do they work? Where can you find them? What’s the difference between wrapped tokens and regular tokens?. Wrapped tokens are a type of tokenized cryptocurrency. Unlike traditional cryptocurrencies, which are digital currencies that operate on their own blockchains, wrapped tokens are based on a different blockchain but...

Bitcoin, Cryptocurrencies, Ethereum, Featured, Glossary, Guides

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H2O is be Listed on Huobi

H2O to be Listed on Huobi, Marking Great Success of Its Contribution to DAO

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By Juan Mende. According to the official announcement of Huobi, one of the global largest digital asset exchanges, H2O (H2O DAO) is listed on Huobi’s brand-new token listing platform, Primelist, at 13:00 (UTC) on March 25, 2022. This listing marks the market’s high recognition of H2O in the field of DAO. In the meantime, H2O is giving away 25,000 H2O tokens to welcome the new era. This is one of the benefits the community users...

Blockchain, Cryptocurrencies, DAOs, Exchanges, News

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What to do with Anchor Protocol in the long term?

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Terra’s native stablecoin, $UST, is used as the basis for Anchor, a decentralized return protocol that provides users with a fixed annual return of approximately 20% on deposits made to UST. During the first week of February, a governance proposal called for the Luna Foundation Guard (LFG) to inject $450 million into the Anchor yield pool to keep yields high. This caused problems to the protocol. Due to recent downward...

DeFi, News

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What is Proof of Work (POW) in crypto?

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The proof of work protocol, or Proof of Work, is the best known and oldest consensus protocol that consists of the parts of a network successfully carrying out computationally expensive work to access the resources of that network. Proof-of-work is one of the most widely used concepts within the crypto community, thanks to its success with Bitcoin. It is a very versatile tool that can be applied to many different scenarios. The...

Bitcoin, Cryptocurrencies, Ethereum, Glossary

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