This new week has brought very few changes to the entire cryptocurrency space, with a lot of sideways trading in the market.
As part of today’s crypto news, Bitcoin is currently trading at $41,903 with a 24-hour price gain of 0.6%. Ethereum, on the other hand, is trading at $3,105 (-0.4% over the last 24-hours). Above all, the entire crypto space also has a market cap of $2,087,967,645,463 with a 24-hour trading volume of $87,390,227,842.
Let’s find out some interesting crypto news for today.
1. Moonwell To Launch On The Moonbeam Network
First, Open lending, borrowing, and DeFi protocol Moonwell is set to go live on the Moonbeam Network. In fact, Moonwell is focused on creating workable solutions to the problems facing the fast-rising DeFi space. Some of these issues include
- Poor security
- Low community engagement
- Sub-par user experience (UX)
- Lack of education, etc.
Moonwell will launch both on Moonriver (Moonwell Apollo) and on Moonbeam (Moonwell Artemis).
🚀 @MoonwellDeFi is coming to @MoonriverNW
In the near future, the Moonwell team will deploy Moonwell Artemis to the Moonbeam Network 🔥 https://t.co/aGg2mhmQ4Y
— Moonbeam Network (@MoonbeamNetwork) January 18, 2022
2. Opera Launches Web 3 Browser
Second, the popular browser Opera has shown an increasing interest in the blockchain and cryptocurrency space. In line with this, the browser company has announced the beta launch of its “Crypto Browser Project”. Interestingly, the recently launched browser project is equipped with Web 3.0 features. With the new browser, interested persons will enjoy top-notch interoperability between apps that are compatible with the Opera wallet.
For now, Opera wallet currently only supports ETH-based dapps. However, plans are in place to incorporate both Polygon and Solana compatibility soon. Also, The beta version of the Web 3 browser is currently available for Mobile phones, Mac devices, and PC.
Opera is happy to unveil its new Crypto Browser Project, with beta versions of the new browser available for PC, Mac and mobile phones, delivering a new web experience with Web3 at its core. Learn more about what Web3 & the browser means to us: https://t.co/MHOwegeHWo pic.twitter.com/TuEYBXaXay
— Opera (@opera) January 19, 2022
3. Theta Network Recent Price Rally
Third today, Theta Network is making waves in the crypto space in recent times. The decentralized video delivery platform is showing great potential in being one of the most profitable cryptos to hold in 2022.
The platform has disclosed details of several upcoming updates in 2022. Some of these updates include;
- Its upcoming NFT marketplace
- Also, ThetaDrop slated for February 1, 2021.
- Lastly, protocols like Meter Passport and ThetaBridge launch.
Is $THETA on your radar? Here are some reasons why you might want to keep an eye on it. https://t.co/SNOsLQX3k7
— Cointelegraph (@Cointelegraph) January 17, 2022
4. FEAR | Uno Re Partnership
Fourth, Play-to-Earn (P2E) game FEAR has announced a strategic partnership with Uno Re. Uno Re is the world’s first-ever decentralized trading insurance and reinsurance platform. In fact, Uno Re will help insure and secure the P2E gaming platform NFTs from hacks, etc.
New Partnership Announcement : FEAR and Uno Re$FEAR partners up with @unoreinsure , the world’s 1st decentralized insurance and reinsurance platform.
Via UNO Re you can insure and secure your NFTs against hacks, not so smart contracts and other dark forces.
More info soon. pic.twitter.com/2IzH4tXIgn
— FEAR (@fearnfts) January 18, 2022
5. Sin City Metaverse Staking V2 Launch
And last, Virtual metaverse with a Play-to-Earn (P2E) gaming strategy Sin City Metaverse has launched its V2 staking. And the launch took place today January 19, 2021, at exactly 9 pm (UTC).
Now, the reward pool for the staking is 2 million SIN tokens. In fact, there’s a lock-up period of 75days and a land sale whitelist minimum stake of 5,000 tokens.
📣 STAKING V2 Opens TOMORROW, 19th January 2022 9pm UTC!
📝 Whitelist for Land opportunity
💰 Huge Reward pool of 2million tokens, up to a 120% APY🗞 Full Staking Details: https://t.co/T5z45IWERe$SIN #Metaverse #LAND pic.twitter.com/ACr4lvWSb7
— Sin City Metaverse (now SinVerse) (@SinCityToken) January 18, 2022
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