Top Crypto News: 09/23 – Cryptocurrency News

September 24, 2021 admin Cryptocurrency News 0

After making a daily low of $42,514, Bitcoin is now trading at $44,806. As per technicals, BTC battles to hold the $40,000 support and is up roughly 2.8% in the last 24 hours. Meanwhile, alts are looking strong, and Ethereum is trading close to $3,131.

Let’s find out some interesting crypto news for today.

1 – Crypto.com Taps Philadelphia 76ers Team as Official Jersey Patch Partner

Crypto.com has announced a historic partnership with the Philadelphia 76ers team. The Philadelphia 76ers are one of the most famed franchises in the National Basketball Association (NBA), having won three World Championships. As per the tweet, Crypto.com would engage with the 76ers Fan Hub and sponsor rewards for fans.

In addition, the Crypto.com patch is now featured on the left shoulder of the 76ers upcoming jersey. Besides this, Crypto.com will have a substantial presence across all platforms such as regional and global television broadcasts; digital channels such as Sixers.com, Facebook, Instagram, and league websites; team publications; and more.

Collaboratively, the team will also offer a Crypto.com school to educate fans on cryptocurrencies and NFTs. Consequently, this would help fans to understand cryptocurrency and its usage. Additionally, the 76ers team will also launch its exclusive NFTs in the near future.

2 – Polygon | Panther Partnership Uplifts DeFi Privacy to New Heights

Panther Protocol has partnered with the leading Layer 2 scaling solution Polygon (formerly Matic). As per the tweet, Polygon would help projects in Panther’s ecosystem to enhance the privacy features that empower end-users. Collaboratively, the teams will work in providing a clear path for institutions and fintechs into private and compliant DeFi.

Panther is an end-to-end privacy protocol, which connects blockchains to reinstate privacy in DeFi and Web3. It provides the zkSNARK technology for users to mint fully collateralized, privacy-enhancing, zero-knowledge assets (zAssets). Hence, this coalition helps to integrate Panther MVP on Polygon while the $ZKP token will be launched on Ethereum. Consequently, this eases in utilizing Polygon’s interoperable capabilities to bridge tokens over.

3 – Linear Finance | Chainlink Integration to Safeguard Its Protocol

Linear Finance has announced the integration of Chainlink price feeds to enhance security and to fetch reliable and accurate prices while performing transactions on the protocol. Moreover, Linear Finance is a cross-chain compatible, decentralized, delta-one asset protocol that allows users to get synthetic exposure to various assets, including cryptocurrency, commodities, and market indices.

With this integration, Linear synthetic assets would utilize Chainlink’s robust oracle solution to mint, swap, redeem and liquidate with the most up-to-date market prices. In addition, these price feeds are deployed on the Binance Smart Chain (BSC). Hence, this will help users to enjoy high-speed transactions at lower costs, without cross-dependencies on other chains.

4 – Blind Boxes | Aerdrop Collaboration to Give Away 1.5 Million $AER for $BLES Stakers

Blind Boxes, in collaboration with Aerdrop, announced it will give away AER tokens to the top $BLES stakers. Aerdrop provides a decentralized, horizontally scalable system for incentivized token holding. While Blind Boxes offers a launchpad for NFTs and a gamified curation platform.

The team has allocated 1.5 million $AER for $BLES stakers. In order to participate in this airdrop, the user should stake 40,000 or more BLES tokens at the time of the snapshot. Notably, this snapshot will happen on September 24, 2021, at 07:00 UTC.

5 – NFTrade Announces $100k Community Round for Early Platform Users

In the last bit of crypto news for today, we have NFTrade announcing it will reward its early platform users and community. The team has allocated $100,000 worth of $NFTD tokens solely for early platform users. NFTrade is the first cross-chain and blockchain-agnostic NFT platform, which works as an aggregator of all NFT marketplaces.

Notably, all wallet addresses that have interacted with the NFTrade platform before the release of this announcement will be eligible to participate in this $NFTD token pool. In addition, to redeem $NFTD tokens, users will have to use $USDT.e, a wrapped USDT token on the Avalanche blockchain.

This community round will begin on September 24, at 8 AM UTC, and closes at 11 AM UTC (or until all available allocation has been purchased). All eligible users will be entitled to buy $200 of $NFTD tokens on a first-come, first-serve basis. Following the purchase of $NFTD tokens, users can claim 100% of their allocation once tokens are available publicly.

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This news is republished from another source. You can check the original article here

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