Most of the cryptocurrencies are facing retracement while Bitcoin remains strong in the $57k region. Ethereum clings to the $3,400 mark with the fear and greed index moves to Extreme Greed.
Let’s find out some interesting crypto news for the day.
1 – VeChain Foundation Prepares to Go PoA 2.0
VeChain Foundation has announced the community governance call to move towards Proof of Authority 2.0. PoA 2.0, dubbed as SURFACE, can help Vechain to widen the staking pools and to be more secure and faster.
The voting procedure, VeVote, is live and users can participate using this link.
After much hard work, we are excited to announce the vote to launch the first phase of POA2.0 on mainnet is LIVE!
Cast your vote and join us for the next epic chapter for #VeChainThor – the world's leading L1 enterprise smart contract platform $VET $VTHOhttps://t.co/qNc7tC6QCW pic.twitter.com/kR7kZQEhSE
— vechain (@vechainofficial) October 11, 2021
2 – Binance Announces AXS Staking Program
Popular centralized exchange Binance has announced the launch of the AXS staking pool. The high-yield locked staking is providing users with a mouth-watering APY of around 150%. AXS, the native token of Axie Infinity, had a busy October with the staking announcement and the resultant ATH of $155.
#Binance Staking Launches $AXS @AxieInfinity Staking with APY Up to 152.18%
➡️ https://t.co/OFZ1LHyIj6 pic.twitter.com/roWoH7lZLX
— Binance (@binance) October 12, 2021
3 – DreamsQuest Switches to BSC for Its Upcoming IDO
Upcoming blockchain game DreamsQuest is switching to Binance Smart Chain for its IDO on GameFi. The IDO will take place on October 15, and users can now participate in the IDO with BUSD. GameFi and DreamsQuest together explained that the network switch aims to further enhance the convenience of users.
🚨 $DREAMS IDO changes network and accepted currency
We would like to inform you the @DreamsQuestNFT IDO will change their network and currency to:
🔰Network: BSC
🔰Accepted currency: BUSD👉See details here: https://t.co/RXIA4oxdsM$GAFI pic.twitter.com/fWvBut1ISp
— GAMEFI.ORG (@GameFi_Official) October 12, 2021
4 – Bloktopia Announces NFT Land Sales
Play-to-earn blockchain game Bloktopia has announced its NFT land sale. The much-awaited whitelist call received an overwhelming response from the users. The land sale will be conducted on a first-come, first-served basis. Users can deposit BLOK tokens to purchase NFT lands. You can find more about the participation rules here.
The Bloktopia NFT Land Sale Whitelist is now open!🏠📺🚀
More details here: https://t.co/1IKv0NZaZt
— Bloktopia (@bloktopia) October 11, 2021
5 – Unbound Finance Launches NFT Airdrops
Unbound Finance, a cross-chain AMM aggregator, has collaborated with CoinMarketCap to launch an NFT airdrop. The airdrop contains exclusive and ultra-rare NFTs. Lucky users can get a spot in the private sale also. Unbound is also conducting a Twitter event for the community to distribute guaranteed spots in the private sale. You can participate in the airdrop using the link given below.
https://coinmarketcap.com/currencies/unbound/airdrop/
You can participate in the Twitter event here.
🗣️ @unboundfinance collaborates with @CoinMarketCap to launch their #NFT #Airdrop Campaign
⏰ Ending time: 19th Oct
1⃣0⃣0⃣0⃣ winners will be given #Unbound #NFTs
Check this link for all instructions: https://t.co/G9MVjEqwQV#BSC $UNB $UND pic.twitter.com/EwvNyMxv4o
— BSCDaily (@bsc_daily) October 12, 2021
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Disclaimer
The information discussed by Altcoin Buzz is not financial advice. This is for educational, entertainment, and informational purposes only. Any information or strategies are thoughts and opinions relevant to the accepted levels of risk tolerance of the writer/reviewers and their risk tolerance may be different than yours. We are not responsible for any losses that you may incur as a result of any investments directly or indirectly related to the information provided. Bitcoin and other cryptocurrencies are high-risk investments so please do your due diligence. This article has been sponsored by Bloktopia. Copyright Altcoin Buzz Pte Ltd.
