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Blockchain and Crypto News ⭐ Making Waves

About Cryptocurrency and Blockchain news

We delve into the viewpoints of leading minds from prominent investment enterprises, thriving cryptocurrency exchanges, and astute market analysts, all of whom wield substantial influence over the market's trajectory. Amidst this landscape, expert opinions often dance in discord with tangible market trends. Yet, it remains evident that a significant number of these industry trailblazers manage to paint an insightful picture of the industry's landscape. Hence, we extend our recommendation for a meticulous perusal of the paramount news pieces meticulously curated by our adept authors.

As we traverse this landscape of expert opinions, it's evident that while some predictions mirror market movements with uncanny precision, others deviate markedly. The divergence between forecasted trajectories and realized trends can often be attributed to the intricate interplay of multifaceted factors shaping the cryptocurrency market. It is this dynamic tapestry that both fuels and challenges the accuracy of expert opinions, creating an environment of continual exploration and analysis.

Cryptocurrency, Blockchain, and altcoin news have been making waves in popular news blogs, social media, and news agencies. These topics have become increasingly popular in recent years, as more and more people become interested in the world of digital currencies and decentralized systems.

One of the biggest stories in the world of crypto currency is the ongoing debate over the regulation of digital assets. While some countries have embraced crypto and are working to create regulatory frameworks to govern their use, others are more skeptical and have banned or restricted their use.

Another hot topic in the world of cryptocurrency is the rise of decentralized finance (DeFi) platforms. These platforms use blockchain technology to create financial services that are accessible to anyone with an internet connection, without the need for traditional financial intermediaries like banks. This has the potential to revolutionize the way we think about finance and create new opportunities for people around the world.

In the world of blockchain news, there have been several exciting developments in recent months. The most notable is the rise of non-fungible tokens (NFTs), which are unique digital assets that can be bought, sold, and traded like traditional assets. NFTs have become popular in the art world, where they are being used to sell digital art and other creative works.

Another major development in the world of blockchain is the growing interest in using the technology for supply chain management. Blockchain can be used to create a transparent and secure record of every step in a product's journey from production to sale, which can help to reduce fraud, increase efficiency, and improve traceability.

Finally, in the world of ICO news, there have been several high-profile initial coin offerings (ICOs) in recent months. These fundraising events allow startups to raise money by selling newscrypto coin assets to investors, with the promise that those tokens will increase in value over time. However, ICOs have also been criticized for their lack of regulation and the potential for fraud.

  • ICO «ViaBTC» on the Bitcoin Cash blockchain raised $ 30 million in 2 hours
2 minutes reading time (472 words)

ICO «ViaBTC» on the Bitcoin Cash blockchain raised $ 30 million in 2 hours

ICO-NEWS-ICO-ViaBTC--raised--30-million-in-2-hours Haipo Yang | Founder

On October 8, the blockchain-company and the mining pool ViaBTC completed the initial placement of tokens (ICO) using the Wormhole protocol and the Bitcoin Cash network. According to exchange data, ICO ViaBTC Token attracted $ 3,700 per second, collecting a total of $ 30 million in just over 2 hours.

ViaBTC recently released a new token called Viabtc Token (VIAT) using the Wormhole protocol. The company calls VIAT an ancillary service that enhances the value of the core service with its availability and a bonus token that can be used as a "gas" or cost transfer method. When VIAT was released on the Wormhole network, the developers set a fixed number of coins to be issued at the level of 2 billion tokens.

On Monday, Viabtc raised $ 30 million during the first major ICO, implemented on the Bitcoin Cash blockchain. Then on October 9, Coinex users selling VIAT tokens received free CET tokens.

The VIAT will be used for the process called "duo-mining", which provides miners with both regular pool payments and additional payments to VIAT. Mining payments to VIAT will be implemented in four stages and will provide miners with additional incentives for pooling.

The mining pool states that users can invite friends to mine with Viabtc, and thanks to the referral system, they can receive more rewards. VIAT owners can also use tokens for discounts on pool commissions and "exclusive customer support." For tokens, it will be possible to purchase mining accessories, Viabtc souvenirs and transaction accelerator from the BTC Company.

"[The] Viabtc Token can be used as 'gas' and value transfer tool," explains the mining pool. "We will add more application and privileges to it so that its holders can participate in the planning of Viabtc operations, building and improving Viabtc ecosystem together with the Viabtc team."

In addition to trade, VIAT will be used exclusively for Viabtc services to strengthen the firm's position in the blockchain industry. The project is headed by Haipo Yang, the founder of the mining pool, and Huimin Ouyang, Operations Director of the company. The VIAT will also be repurchased and the process of "burning" according to the white paper ICO VIAT.

"Viabtc will buy out and "burn" VIAT with 20% of its quarterly income at the end of each quarter - this will lead to a steady reduction in the total VIAT using a benign model of deflation," the white paper says.

Over the past year, the method of issuing own tokens by companies for certain services and privileges has proven itself well. For example, in the case of the Binance trading platform and the BNB token.

Viabtc Coinex and its CET token are also using coins to encourage users, and CET currently costs about $ 0.03. According to the trading platform this Tuesday, VIAT is trading at $ 0.04 per coin, and its total trading volume exceeds one million dollars. 


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