Atlantic City could get nearly $2m annually in tax dollars if a committee-approved bill passes the Senate and House.

The post Atlantic City Could Get Portion of Tax Revenue with New Bill appeared first on VegasSlotsOnline News.

PHOENIX — Item 9 Labs, the award-winning, premium cannabis brand from Item 9 Labs Corp. (OTCQX: INLB), announced today it took home four podium placements at the Spring ERRL Cup, held March […]

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Banking giant Goldman Sachs has become the first major financial institution in the United States to trade crypto assets over the counter (OTC). First reported by CNBC, Goldman traded a Bitcoin-backed non-deliverable option issued by crypto merchant bank Galaxy Digital. The two firms told CNBC that Goldman will essentially be taking on more risk with […]

The post Goldman Sachs Becomes First Major Bank to Execute OTC Crypto Trade appeared first on Coin Bureau.

In the final 7 days, Cardano is among the finest performers on the crypto high 10 by market cap. Proof-of-Stake networks lead the market, as Bitcoin and others stand within the again. Related Reading | Cardano (ADA) Takes A Tumble After Hoskinson Is Accused Of Falsifying Credentials Avalanche (AVAX) data nearly 30% in income, as […]

The post Cardano Soars 13% On Rumors Of Burn Mechanism, Hoskinson Reacts appeared first on Bitcoin Upload.

In the last 7 days, Cardano is one of the best performers on the crypto top 10 by market cap. Proof-of-Stake networks lead the market, as Bitcoin and others stand in the back. Related Reading | Cardano (ADA) Takes A Tumble After Hoskinson Is Accused Of Falsifying Credentials Avalanche (AVAX) records almost 30% in profits, as Ethereum (ETH) records 16% and Cardano (ADA) 13% profits over the past week. ADA’s price trades at $0.89, as of press time, and could see further gains in the short term as the market experiences further gains. ADA’s price appreciation could be fueled by rumors about the potential implementation of a burn mechanism for Cardano. The news was shared on Twitter by WatcherGuru triggering a reaction from the ADA community. The source of the rumor could be a tweet from Clark Alesna, developer and CEO of a company called SAIB Inc. Alesna accepted a “challenge” from Hoskinson and said he will start production of a burn smart contract for ADA. Alesna said: It seems like no one really took Charles Hoskinson challenge to build a #Cardano $ADA burn smart contract challenge that he put out some time ago. So, I’m taking matters into my own hands and started to plan and code it this weekend. I’ll update you guys soon. However, the tweet and its replies suggest Alesna was simply joking. The message by taken seriously by certain media outlets which triggered a reply from Hoskinson himself. The inventor of Cardano shared the following meme as a response to these reports. https://t.co/f9qU9xW5gl pic.twitter.com/KfaZEEBXrw — Charles Hoskinson (@IOHK_Charles) March 19, 2022 The ADA community seems to agree a burning mechanism will never be implemented on Cardano and classified the rumors as “misleading”. Most of the users seem to agree this system will bring disadvantages to the network. A pseudonym user said: Misleading information. There will never be layer 1 chain burns. You can’t burn utxo protocol just like bitcoin. Token means layer 2 blockchain on Cardano may require burns. Have to get this clear. Why eth burn? Because they build very differently in terms of accounting model. We shall not talk about them as they are struggling to roll out decentralised proof of stake. The Cardano Ecosystem On Fire Data shared by Hoskinson suggest the Cardano ecosystem has been expanding since the implementation of its smart contract capabilities. As seen below, there are over 500 projects building on this network, per Hoskinson. Currently, Non-Fungible Tokens (NFTs) seem to be dominating development on this network, native marketplaces for these digital assets follow at a much smaller scale, with Decentralized Exchanges (DEX), GamiFi, and wallets. Related Reading | Cardano (ADA) Attains 9th Position in Market Valuation During Ecosystem Inflows He hinted at the continuation of this trend, as Cardano deepest into its third era of development, known as Basho. Hoskinson said: “Moving the chains. A large wave will come after June when the Vasil hardfork happens”. This could potentially support the continuation of the current bullish trend for ADA’s price.

Subscriptions are an integral part of modern life. Digital subscriptions are increasingly common as more people get content from various subscription channels, unlike the past few decades where cable TV was the default source. Accordingly, the need to support crypto payment for Netflix and other subscription services is on the rise, even timely.

Revuto is a subscription management platform on Cardano that aims to add efficiency and control to the payment of subscriptions. They are now joining hands with Genius Yield, an equally innovative order-book DEX launching on Cardano to fast-track the adoption of DeFi services. While both protocols would support each other's ecosystem, a standout benefit would be paying for Netflix, Apple TV, Amazon, DSTV, and other subscription services using Genius Yield's GENS and other Cardano tokens. It is a vital support allowing users to take control of their spending, save money, while also earning cashback in Revuto's REVU tokens. Meanwhile, it will be possible for users to earn GENS by staking REVU via the ISPO in the Revuto Staking Center.

Streaming services can be annoying with their subscription models for all their quality content. You have probably heard a friend or relative furious over the billing policies of one of their subscriptions. The problems range from difficulties in cancellation, automatic renewal, and other communication-related issues. 

A Blockchain-Based Subscription Service

The fundamental issue with most subscriptions is that they rely on credit cards or bank payments. Once you sign up and agree to terms that most people never read, the subscription service can automatically deduct from your bank account. 

Revuto introduces the concept of a virtual debit card to grant users more control over subscription payments, allowing users to pay with Cardano and its tokens. The idea is to have a decentralized application that users can utilize to manage their subscriptions. This virtual debit card is operationalized as a decentralized application (dApp) that runs on the Cardano blockchain. 

Here is a summary of how the subscription management app will work:

• Download the Revuto app and set up an account, a straightforward process;

• Add subscriptions you intend to manage. They could range from music streaming services like Netflix, software packages, and more. 

• Once the subscriptions are linked, you can begin paying using GENS and other supported tokens.

The real prize is your ability to block, snooze, and generally control payments to your subscription service. This versatility allows the account holder to prevent unwanted subscription charges that make subscriptions more expensive than what you signed up for. Besides, you don't have to cancel the subscription when you want to snooze payments for a while before resuming.

The Cardano Blockchain Provides Base Support 

Revuto achieves its high performance because it launches from a robust layer, built from the ground up with the intention of being inherently scalable. The Cardano crypto blockchain is the handiwork of Ethereum co-founder Charles Hoskinson and a team of developers who sought to create a high-functionality and research-based network. 

Accordingly, Cardano is an excellent host for decentralized systems and applications. The rise of Decentralized Finance (DeFi) bodes well for this bespoke blockchain and its native coin, ADA. The protocol has significantly higher throughput than Ethereum, implementing a unique architecture with different settlement and computation layers. Accordingly, smart contract execution does not clash with transactions, as is the case for Ethereum.

Using Cardano blockchain, this utility has allowed an integrated decentralized hub like Genius Yield, SundaeSwap, and others to thrive. Its efficiency and increasing stature in the DeFi sector fit well with services that offer a secure and fast settlement. 

More Than Just Subscriptions Management 

Meanwhile, with Revuto in the picture, users can make payments efficiently and leverage recurring payments with REVU and get extra services for money management. Revuto received three million early sign-ups for dApp, with hundreds of thousands of users worldwide. These numbers bode well for an upcoming Fintech startup earning Revuto accolades like the award for the fastest-growing consumer product at the recent World Blockchain Summit in Dubai.

The ability to pay for your subscriptions in Cardano tokens is revolutionary. Bitcoin has struggled to gain traction as a medium of exchange for all its popularity. This utility application provides a real-world use for cryptocurrency. 

Revuto is looking to make its app a wholesome product. Soon, users will be able to exchange fiat and crypto in real-time and other decentralized finance services like lending and borrowing. Overall, the subscriptions management platform will provide a mobile-friendly and excellent decentralized finance management tool. The decision to launch on the Cardano blockchain is a testament to this vision. Revuto has a native Cardano mobile and non-custodial wallets with plans to add their custodial wallet to augment user experience.

Forecasting Growth in The Subscriptions Sector 

The world is trending online by the year. This trend is likely to manifest in the subscriptions and billing management sector, with the global market estimated to grow from about $3.9 billion today to $7.4 billion in 2027. The accelerated growth of digital streaming services is the biggest growth driver. it is the golden age for streaming with more potential in developing markets

There is excellent potential for a subscriptions management tool with such a market size. There will be tens, even hundreds of millions more people joining this demographic in the next few years. Accordingly, Revuto is entering the scene strategically for all stakeholders.

Looking Forward

Cryptocurrency and the blockchain launched on the fundamental premise that consumers need more control of their finances. This idea is relevant in countless fields. Subscriptions fall in this category because some services are downright abusive in their billing policies. Genius Yield and Revuto take the tenets of decentralization and user empowerment in these industries and seek to transform how consumers relate to subscription services. There is a great need for such services. By forming a fitting coalition, Genius Yield and Revuto will likely reap from the appreciation users will have for such convenience.

Media Contact

Company Name :- Genius Yield

Email Id :- hello@geniusyield.co

Company Website :- https://www.geniusyield.co/

The BabyThoreum team is pleased to announce the release of its new project it considers as “the baby that everyone wanted.” The presale is set to start from 25^th March.

BabyThoreum Theory 

The team saw the need to grow the Thoreum project better and therefore has introduced BabyThoreum to do the job. According to the team, the “baby” was born to support the existing Thoreum and help it to “grow much stronger.”

The baby token was created in the Binance Smart Chain network and is designed to stand out from the pack. The team explained that BabyThoreum offers cryptocurrency users freedom in the cryptocurrency sector, ease of use, professionalism, and seriousness.

Tokenomics

1.     Distribution     holders

First on the list are the distribution holders. They will receive a portion of the token according to purchases and sales. The former will receive 6% of the total supply while the latter will be allocated 8%.

2.     Burning

1% of the total supply will be burned to reduce the volume of coins and circulation, thereby increasing the coin's appreciation.

3.     Marketing

Understanding the importance of marketing's role in giving the project maximum publicity and global exposure, the team will allocate 4% and 6% to purchases and sales respectively.

4.     Autoliquidity

A commission of 1% will be allocated to self-liquidity. According to the team, that is achievable as the currency is strengthened daily with less likelihood that much damage can be caused by large sales.

5.     Developers

While other projects allocate 1% to the developers, the BabyThoreum team takes a different course by not having any wallet in its name to ensure smooth and error-free distributions.

How to Buy BabyThoreum

Interested members of the cryptocurrency community are invited to purchase the $BABYTHOREUM token. The team has made it easy for prospective investors to join the train.

1.     Download     TrustWallet or MetaMask

Download the TrustWallet phone app or MetaMask, a crypto extension, and set it up. After the setup, update your network list with the Binance Smart Chain.

2.     Buy     and Send BNB

Buy BNB on any of the recognized exchanges such as Kraken, Binance, and Coinbase. After purchasing the token, send it to the MetaMask wallet address.

3.     Swap     on PancakeSwap

After transferring your token to the MetaMask wallet address, visit PancakeSwap and select BABYTHOREUM. Then set the slippage tolerance to between 15% and 18%, depending on the demand.

After swapping the BNB for BABYTHOREUM, update your TrustWallet or MetaMask with BABYTHOREUM to view your $BABYTHOREUM. Hold the token for as long as you desire.

Note that the $BABYTHOREUM presale will start on March 25, 2022.

The BabyThoreum team explained that it is more than just a token. It added that it created a platform for cryptocurrency enthusiasts to perform several crypto-related activities.

In its words, “we want to be the best and for this, we will develop numerous platforms throughout the project so that members and new people can interact with them, either by creating their own NFT exchanging currencies, and blocking the tokens in a staking to generate benefits in the short, medium, or long term.”

Social Media Handles:

Twitter: https://twitter.com/babythoreumbsc

Telegram: https://t.me/babythoreumchat

Contact Info:

Organization: Baby Thoreum

Email: info@babythoreum.net

Website: https://www.babythoreum.net/ 

Over the past month, the price of commodities including oil, food and metals has skyrocketed. Knock-on effects of high commodity prices are well-known, including inflated manufacturing costs, and slowing economic growth. The unique phenomenon of inflated prices coupled with slowing economic growth is known as stagflation — and economists are sounding the warning bells.  Stagflation […]

Read full post Invictus Margin Lending – Stable Returns in Turbulent Times on Chaintimes.com.

RUNE, the native cryptocurrency of THORChain has seen strong price appreciation over the last three weeks despite heavy volatility in the crypto space. The RUNE price has appreciated 173% despite the broader market correction since February 24, the day Russia announced its invasion into Ukraine. Furthermore, the total-value-locked (TVL) by RUNE in decentralized finance (DeFi)

The post Thorchain’s RUNE Appreciates 170% and DeFi TVL Grows 100% Over Last Month, Here’s Why appeared first on CoinGape.

WOBURN, Mass. – March 16, 2022 – FEV Tutor, the most comprehensive virtual tutoring solution in K-12, today announced that ... Read more