After making a daily low of $53,701, Bitcoin is now trading at $58,510. Meanwhile, the second-largest cryptocurrency, Ethereum, is trading close to $3,657.
Let’s deep dive into some interesting crypto news stories for the day.
1 – Crypto.com Exchange Launches Zero-Fee Stablecoin Conversion Option
Crypto.com has announced its new zero-fee stablecoin conversion facility. As per the tweet, this feature help users convert different stablecoins at a 1:1 ratio with zero transaction fees.
Crypto.com is one of the fastest-growing crypto apps, thanks to their Crypto.com Visa card, exchange, and DeFi wallet. Hence, with this launch, users can convert between USDC, TUSD, BUSD, and GUSD without any charges. Currently, this feature is available on the web exchange while the app exchange will launch this option soon.
https://t.co/vCNztABJoG Exchange introduces 0️⃣ fee stablecoin conversions
✅ 1:1 conversion with no transaction fees
✅ Supporting $USDC and newly added stablecoins: $TUSD, $BUSD, and $GUSD*Available on Exchange Web. Coming soon to the Exchange App.
👉 https://t.co/guzBkHYD3A pic.twitter.com/erHVIYDib0
— Crypto.com (@cryptocom) October 13, 2021
2 – Curve Finance | Harmony Integration to Boost Stablecoin Swapping Solutions
Curve Finance has integrated with Harmony to enhance its stablecoin swapping solutions. Curve Finance is a leading automated market maker and decentralized exchange (DEX) liquidity pool. With this integration, Curve Finance will utilize Harmony’s interoperability solutions to develop deeper on-chain liquidity.
In addition, Curve will employ Harmony bridges to Ethereum and Binance Smart Chain (BSC). Further, this will help Curve Finance support stablecoin swapping across multiple chains. Additionally, Harmony has allocated $2 million in $ONE tokens incentives to jumpstart this launch.
2/ @CurveFinance is ONE of the biggest #Web3 / #DeFi projects in the world 🌎 with $13B TVL.
With Harmony and Curve working as ONE, our goal is to get curve to the #1 spot on @defipulse
Watch the video here 👉 https://t.co/ml09iUrSHU pic.twitter.com/v0oro3IyUW
— Harmony 💙 (@harmonyprotocol) October 12, 2021
3 – TomoChain Lab Revealed Its $tDAO Token IDO Schedule
TomoChain Lab has revealed its TomoMasterDAO’s IDO schedule. TomoMasterDAO offers funds for projects built on the TomoChain blockchain and community initiatives. The foundation of this TomoMasterDAO is the $tDAO token.
According to the announcement, the $tDAO token sale will start on October 15, 2021, at 9 AM UTC. Initially, 4% of the total token supply, which is 4,000,000 tDAO tokens, will be available at the time of the IDO launch. Notably, users have to commit $TOMO to buy $tDAO tokens, and these tokens will be available to claim on October 20, 2021. Users can participate in this IDO through LuaStarter. More information can be found here.
2 more days until $tDAO's IDO on #LuaStarter! 🔥
We'd like to present you with detailed information on $tDAO token allocation, sales schedule & use cases, so you will have a better understanding of how $tDAO operates in deciding #TomoChain's future direction. 💪 pic.twitter.com/RYv8BlHLIg
— TomoChain (@TomoChainANN) October 13, 2021
4 – KwikSwap Protocol Live on Shiden Network Amidst KWIK Tokens Giveaway
KwikSwap Protocol has declared it is now live on the Shiden Network. In order to celebrate this milestone, KwikSwap announced a KWIK token giveaway. KwikSwap is a decentralized protocol built on the Ethereum Network. It is the first multi-chain DEX on Shiden and Reef Chain.
According to the announcement, the team has allocated 80,000 KWIK tokens for this airdrop, which will end on October 24, 2021. Notably, 5,000 random winners will receive 15 KWIK each. In addition, the top 100 referrers can win 50 KWIK each. Users can participate in this airdrop by following some simple steps. More info can be found here.
To celebrate #Kwikswap going LIVE on @ShidenNetwork , @Kwikswapdex is giving away 80,000 KWIK in rewards. 15 KWIK each for 5000 random winners & 50 KWIK each for the top 100 referrers. All tasks must be completed for rewards! Join athttps://t.co/7mAF6qXdU1 pic.twitter.com/4HGDsgEXC2
— KwikSwap Protocol (@kwikswapdex) October 12, 2021
5 – AcknoLedger Announces NFTO on GenShards
In the last bit of crypto news for today, we have AcknoLedger NFTO whitelisting on Genpad. AcknoLedger aims to be a global consortium to monetize and distribute Web 3.0 digital assets swiftly across all the metaverses and gaming NFTs.
According to the announcement, the Ticker for AcknoLedger is $ACK. It has a total supply of 117,718,487 with an initial allocation count of 500,000 ACK. The initial token price of $ACK is $0.10 per token. Notably, this pre-IDO will launch on Genpad on October 15, 2021, while its whitelisting is now live until October 14, 2021, till 4:30 AM UTC.
📣 The Wait Is Over 🎊🎊
🔥 AcknoLedger announces NFTO on @GenShards | Whitelist Begins ! 🚀
📌 The Whitelisting is now Live until
🕐 4:30AM UTC on 14th Oct, 2021Details in below Genesys Shard's Medium Post link:https://t.co/12l7pgWyne pic.twitter.com/9oWC2hv4op
— AcknoLedger (@acknoledger) October 13, 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 TomoChain and Crypto.com. Copyright Altcoin Buzz Pte Ltd.
