Top Crypto News: 10/12

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.

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.

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.

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.

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.

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