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Binance ventures into mainstream media with a $200 million stake in Forbes

Forbes magazine recently announced a $200 million strategic investment from Binance, the world’s leading cryptocurrency exchange.  The investment will help the 104-year old magazine and digital publisher to go public–merging with a publicly-traded special purpose acquisition company, or SPAC.

The post Binance ventures into mainstream media with a $200 million stake in Forbes appeared first on CryptoSlate.

Cardano (ADA) Price Touches $1.20 Aims To Regain Previous Losses

cardano-(ada)-price-touches-$1.20-aims-to-regain-previous-losses

Cardano (ADA) appears to be bullish. However, the uptrend seems to experience a limitation as there are possibilities of several obstructions in its way. Thus, traders need to be cautious around the ADA coin and its forthcoming rally. What is Cardano? Cardano is a PoS (Proof of Stake) blockchain that is open-source and distributed. Cardano…

The post Cardano (ADA) Price Touches $1.20 Aims To Regain Previous Losses appeared first on Bitcoin News Miner.

Reflex Finance Next Big Crypto, Shatters all Launch and Growth Records

Just 10 hours after the launch, the project already had 2,696 holders, $806,278 paid out in BUSD, and a $22M MCap. At the moment, there are over 4,000 holders and $1M already paid out in BUSD. In addition to exciting news, the project is bringing a secret utility in Q4.

The financial platform is creating a solid and infinite growing community. With its innovative and experienced team, Reflex Finance offers the crypto community a stable way of earning passive income. The project aims to disrupt and revolutionise the industry to benefit the crypto community ultimately.

Legion Launchpad at Work!

Recently, a Reflex Finance-backed project dubbed the Legion Launchpad will go live in the first quarter of 2022.  The launchpad aims to create a 100% secure token launching platform that is rug-proof on their network. According to Reflex's team, the launchpad was made by the people for the people. In addition, the team suggested that Reflex does not have long waiting periods or ignores new projects like PinkSale.  

By merging an all-in-one dex and launching platform, your buying power will be quicker and more precise on locking in costs and benefiting the community. The accelerated buyback and burn also helps the project to run fast. Notably, on Feb 2, the projects were listed on CMC and CG .

Staking to Earn on Reflex

Members of the Reflex community can stake their $REFLEX tokens on the staking dapp to obtain staking incentives in the native token. The Reflex Finance staking scheme is unusual in that, in addition to collecting $Reflex, stakers can also receive BUSD when they unstake. It's essentially the same as having a savings account with interest.

There is a 10% penalty if you unstake the total funds and lose stake incentives. Reflex will lock the APR of your stake. As a result, whether the project grows or decreases, the holder, who is locked in at the existing APR, will be unaffected. The staking period ranges from 7 days to 180 days with 5% to 40% APR ranges.

Tokenomics 

The total supply of $REFLEX is at one quadrillion. The ongoing presale will utilize 32% of the tokens and close on February 12, 2022, at 16:15 UTC. The presale rate is 1 BNB (400,000,000,000 Reflex tokens). The minimum purchase will be 0.1 $BNB, while the maximum will be 5 $BNB.

Note that the smart contract will distribute 8% of the total volume to all token holders. As a deflationary token, 1% of the tokens will be repurchased and burnt over time. Similarly, 34.1 % of the total token supply was burned before the presale. 

Reflex has set the locked liquidity for 14.9%. The individuals of the private sale are contractually obligated to hold $REFLEX for six months after launch. Meanwhile, the project reserves 3% of the tokens for future hires. Future hires will grow as the platform unlocks new features and brings in more use cases. 

The private sale will account for 14% of all the tokens. 2% of the total supply represents the team tokens, and the project will never sell these coins. The project will only pay the team in $BUSD reflections.

Roadmap Details

The first quarter of 2022, according to the roadmap, has already had a PinkSale presale, KYC, and Interfi audit. There has already been a Pancakeswap listing, CMC, and CG listing, all within a day of its launch. Meanwhile, its marketing campaign has just set off. In addition, we expect to see an NFT marketplace, $REFLEX staking pool, and dApp integration.

In the second quarter of 2022, there will be an NFT giveaway, team expansion, and a play-to-earn game launch. There will also be the wallet app launch, DEX listings, and voting.

In Q3 of 2022, Reflex Finance will give a sneak peek of the secret utility that they believe will disrupt the crypto space for the better. There will also be more exchange listings and $REFLEX merchandise. 

Towards the end of the year, in Q4, there will be a $REFLEX exchange, team expansion, and Reflex influencer marketplace.

About Reflex Finance

Reflex Finance is a cutting-edge liquidity generation and staking platform that allows you to earn consistent passive income. The project included an anti-whale mechanism to safeguard smaller investors. According to the team, the project aims to develop different income streams and new possibilities for the community.

Website: https://reflexfinance.net/ 

Telegram: https://t.me/reflexfinanceOfficial 

Twitter: https://twitter.com/Reflex_Finance 

Instagram: https://www.instagram.com/reflexfinanceofficial/ 

YouTube: https://m.youtube.com/channel/UCIcGozPp0vTrLbtc83AgzFg 

Discord: https://discord.gg/reflexfinance 

Reddit: https://www.reddit.com/r/ReflexFinance/

Ethereum’s drawdown may be coming to an end, but will that be enough

They say you can’t always be the most talented in the room, but you can be the most competitive. Well, the Ethereum network seems to have adopted the same narrative. It seems, in 2022, one of the biggest stories in crypto-investing is going to be blockchain players that are expected to eat into Ethereum’s market […]

Fashion brands continue to set up shop within the metaverse

Fashion brands are continuing their migration to metaverse platforms such as The Sandbox and Decentraland in increasing numbers as the industry looks to go ‘digital’ and fill the demand for virtual collectables.

Seminole-Florida Sports Betting Lawsuit Sees US Interior Explain Case for Appeal

The US Department of the Interior and Interior Secretary Deb Haaland filed a statement in federal court Wednesday. The papers detail why they’re appealing a judge’s ruling that rejected the amended gaming compact between the Seminole Tribe of Florida and state officials. That agreement gave the tribe exclusive rights to sports betting in the Sunshine […]

The post Seminole-Florida Sports Betting Lawsuit Sees US Interior Explain Case for Appeal appeared first on Casino.org.

Coin Bureau on Terra: ‘Bullish’ on $LUNA, ‘Really Really Taken With’ $UST

Recently, highly popular pseudonymous crypto analyst and influencer “Coin Bureau” explained why he is bullish on algorithmic stablecoin platform Terra ($LUNA). What Is Terra ($LUNA)? The official Terra documentation has this to say about the Terra Protocol: “The Terra protocol is the leading decentralized and open-source public blockchain protocol for algorithmic stablecoins. Using a combination of […]

Astralis acquires majority stake in PIXEL.TV

Danish esports organisation Astralis has acquired a majority stake in regional production house and broadcaster PIXEL.TV According to the release, the acquisition is expected to enhance the digital production capabilities of Astralis, while still producing PIXEL.TV content.  RELATED: Astralis secures facility-focused deal with 3 Astralis also noted that PIXEL.TV’s goal is to become the largest gaming […]

Private assets | Johnson Chen, CapBridge | VOX Ep 22

Asian investors' appetite is growing for private assets, and CapBridge is creating digital pathways for them.

The post Private assets | Johnson Chen, CapBridge | VOX Ep 22 appeared first on Digital Finance.

What is Bored Ape Yacht Club (BAYC)?

Bored Ape Yacht Club is the leading and most popular NFT collection to date, comprising 10,000 algorithmically generated bored-looking apes on the Ethereum blockchain. Hundreds of NFT collections have come and gone, while only a few continue to thrive for long periods in the highly-competitive space of non-fungible tokens (NFTs). This guide covers the collection that […]

The post What is Bored Ape Yacht Club (BAYC)? appeared first on Asia Crypto Today.

This popular Japanese game is about to auction its first NFT

GensoKishi Online “META WORLD,” a new GameFi version of the iconic game Elemental Knights, recently announced its first NFT auction.

The post This popular Japanese game is about to auction its first NFT appeared first on CryptoSlate.

Ledger Partners With Figment: Securely Stake Your Coins on Ledger Nodes

Ledger – the world-leading secure platform for the world of digital assets – has partnered with Figment – one of the largest blockchain infrastructure and services providers – to bring a seamless way to secure your favorite Proof-of-Stake network and generate staking APYs on Ledger nodes.  In partnership with Figment, Ledger is entering the world […]

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