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PRESS RELEASE. Night Life Crypto (NLIFE), the first platform to bring AAA style titles to blockchain games, is proud to announce an integration with the largest protocol connecting Ethereum-compatible blockchain networks, Polygon. Night Life Crypto will utilize Polygon’s chain to launch it’s very first series of integration NFTs, as well as use their chain for all in-game NFT rewards for their upcoming flagship game Night Life Drifting, on October 22nd, 2021.
Night Life Drifting is an action/arcade game where users race other players through a neo-Tokyo city, drifting through the streets to win performance NFTs, $NLIFE tokens and visual modification NFTs to upgrade their in-game vehicles. Further details about Night Life Drifting can be found on both the NLIFE Website and the Night Life Drifting Website. 
 For this integration, Night Life Crypto is unveiling a never-before-seen Polygon branded car, the Matic GT. This car is purchasable as an NFT, which players will be able to drive. Custom front and rear bumpers, spoiler, paint, side skirts, rims and license plate NFTs are also available for purchase and can be equipped to their car in-game. Most of these parts are one-time designs unique only to the Matic GT and are limited in availability. Included in this series of NFTs is a custom gold-paint for the Matic GT, that will only have a mint limit of 3 total (2 to be auctioned, 1 will be offered as a contest prize).
Link to NFT Sale: https://opensea.io/collection/night-life-drifting
The team is also excited to announce features of this integration that benefit the loyal $NLIFE community. First, $NLIFE will be available on Polygon (MATIC), $NLIFE holders will be able to use a bridging service built by $NLIFE to bridge their BEP-20 or ERC-20 $NLIFE to Polygon’s layer-2 solution. $NLIFE will be available for purchase on the Quickswap.exchange dex after the launch of the NFTs.
This integration represents the first of several that will establish Night Life Crypto as one of the top blockchain gaming platforms, but also showcase the in-game graphics and level of customizations in the upcoming release of Night Life Drifting before the end of 2021.
 

This is a press release. Readers should do their own due diligence before taking any actions related to the promoted company or any of its affiliates or services. Bitcoin.com is not responsible, directly or indirectly, for any damage or loss caused or alleged to be caused by or in connection with the use of or reliance on any content, goods or services mentioned in the press release.

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PRESS RELEASE. Night Life Crypto (NLIFE), the first platform to bring AAA style titles to blockchain games, is proud to announce an integration with the largest protocol connecting Ethereum-compatible blockchain networks, Polygon. Night Life Crypto will utilize Polygon&#x2019;s chain to launch it...

news.bitcoin.com

Night Life Crypto Integrates With Polygon and Launches NFT Sale

Binance Smart Chain announced its exclusive Binance Evolution Protocol, BEP-95, that will facilitate a real-time burning mechanism on the BSC network, which according to the firm will make BSC more decentralized by radically escalating the burning speed of BNB.
The BEP-95 real-time burning system will be limited to the activity on the BSC network, and it will continue to decrease the BNB supply, even after achieving the target supply of 100m BNB in circulation, which in turn will hike BNB value due to higher demand. However, the Press Release specified that the upgrade is still in the drafting stage.
“The BSC network can speed up the BNB burning process and improve its intrinsic value by burning a portion of gas fees. The BNB holders will decide how to dispatch the BSC gas reward. While implementing this BEP might decrease the total amount of BNB that validators and delegators receive from staking, the fiat-denominated value of their rewards may increase. This burning mechanism would further reduce BNB supply; thus, increasing demand would drive the BNB value higher.”
BEP-95 Validators’ burnRatio
The exchange platform noted that each block will burn a fixed ratio of the gas fee collected by the validators, and the burning ratio will also be adjustable through governance. The burning ratio governance parameters will be mentioned in the ValidatorSet Contract. This means that at the end of each block, the Validator will be required to sign a transaction to bring forth the deposit function of the contract to further transfer the gas fee. The initially proposed burn ratio is 10 percent.
Furthermore, Binance mentioned that the process to change the burnRatio will be determined through a democratic proposal and vote system by BSC Validators based on their voting power (staked BNB). Every community member will have the opportunity to propose a change in the parameters, and the implementation will occur post a minimum deposit of 2,000 BNB on the mainnet.
“This will allow the validators to vote on the proposal; all BNB is returned after the proposal has been voted on. The BSC validators can vote “for” or “against” based on their voting power.”
The post Binance latest BEP-95 upgrade introduces a real-time token burning mechanism appeared first on Coingape.


Binance Smart Chain announced its exclusive Binance Evolution Protocol, BEP-95, that will facilitate a real-time burning mechanism on the BSC network, which according to the firm will make BSC more decentralized by radically escalating the burning speed of BNB. The BEP-95 real-time burning system...

coingape.com

Binance latest BEP-95 upgrade introduces a real-time token burning mechanism

  
ASSEMBLE Protocol – the revolutionary mileage integration platform that is built on the Ethereum Network has announced its listing on Coinbase Pro. 



According to the disclosure from the official source, Coinbase Pro has enabled support for the ASM-USD and ASM-USDT pairs on its platform. Trading will begin on or after 9 AM Pacific Time (PT) Thursday, October 21. However, inbound transfers have already been enabled and users can now deposit their ASM tokens into their Coinbase Pro accounts.  



Users can ASSEMBLE their points on distributed ledger technology 



The revolutionary idea of bringing different mileages and loyalty points together into a single, unified, digital wallet has been pioneered by the ASSEMBLE Protocol. They strive to leverage the perks of distributed ledger technology on the Ethereum Mainnet to connect different, leading, traditional businesses onto its platform. 



Users can then exchange their loyalty points into the single, unified ASP point, which can further be exchanged for ASM.The ASM token can currently be utilized on ASSEMBLE’s Marketplace, which can be accessed through their mobile application that is supported on both iOS and Android platforms. Users can convert their points into ASP and then further claim ASM tokens or use their ASP to purchase different goods and services offered on the platform. 



ASSEMBLE’s most recent development has been the establishment of the desktop version of the ASSEMBLE Wallet. With its completion, users are now able to exchange points and purchase eGift cards on their desktop in addition to Android and iOS apps and mobile browsers.



ASM is now supported on Coinbase Pro 



Earlier in May 2021, Coinbase Institutional officially confirmed that they enabled the cold storage of and custody support for the ASM token. The addition of ASM to Coinbase Custody established that ASM fully complied with the legal and security review conducted by the Coinbase Custody team. This was a green light for the potential support on its other platforms, especially Coinbase Pro. 



On October  20, 2021, Coinbase Pro officially confirmed the addition of the ASSEMBLE Protocol’s ASM token in the following pairs ASM-USD / ASM-USDT on their platform. In their official blog post, Coinbase mentioned the following, “Support for ASM will generally be available in Coinbase’s supported jurisdictions, with certain exceptions, as indicated on each asset page here. Trading will begin on or after 9 am Pacific Time (PT) Thursday, October 21, if liquidity conditions are met.” 



Also, Coinbase has mentioned that ASM is not yet available on the website. They will make a separate announcement once support is added. 



To learn more about ASSEMBLE Protocol, visit Assemble website and Medium page.
  The post ASSEMBLE Protocol Is Officially Supported on Coinbase Pro appeared first on BeInCrypto.


According to the disclosure from the official source, Coinbase Pro has enabled support for the ASM-USD and ASM-USDT pairs on its platform. Trading will begin on or after 9 AM Pacific Time (PT) Thursday, October 21. However, inbound transfers have already been enabled and users can now deposit the...

beincrypto.com

ASSEMBLE Protocol Is Officially Supported on Coinbase Pro

Two altcoins are on the move after receiving sudden support from Coinbase, the top crypto exchange in the US.
In a new announcement, Coinbase revealed that it would support trading for ARPA Chain (ARPA), Bounce (AUCTION), and Perpetual Protocol (PERP) at 9 am Pacific Standard Time on Tuesday. All three cryptos are Ethereum tokens.
 
While PERP has remained relatively unfazed by the new announcement, both ARPA and AUCTION have ignited considerable rallies. At time of writing, ARPA is up over 50% since the support announcement, and 80% over the last week, according to CoinGecko.
AUCTION spiked 27% from the $33 range to nearly $42 before consolidating. At time of writing it’s trading at $38.58, up 13% on the day as per CoinGecko.
ARPA Chain is a layer-2 computation network that aims to enable privacy-preserving smart contracts, data storage, and scalable off-chain transactions. According to Binance, its use cases include credit anti-fraud, secure data wallets, precision marketing, joint AI model training, and key management systems.
Bounce is a decentralized auction protocol for tokens and non-fungible token (NFT) sales.
Coinbase explains,
“AUCTION supports incentives on the protocol, provides benefits and governance rights for holders, and is used to pay for certified listings.”
Perpetual Protocol is a decentralized platform for opening leveraged trading positions in fiat currencies, cryptocurrencies or commodities without the need for counterparties. PERP powers the platform as a governance token, and can also be staked. At time of writing, PERP is down 4% in the last 24 hours, but is up over 1300% over the last year.
Last week, Coinbase listed NFT marketplace Rarible (RARI) and BadgerDao (BADGER), which aims to tokenize Bitcoin (BTC) for use on decentralized finance (DeFi) protocols. Both soared in price after the announcement.
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Featured Image: Shutterstock/estevez
 
The post Two Ethereum-Powered Altcoins Ignite Rallies After Surprise Coinbase Listing appeared first on The Daily Hodl.


Two altcoins are on the move after receiving sudden support from Coinbase, the top crypto exchange in the US. In a new announcement, Coinbase revealed that it would support trading for ARPA Chain (ARPA), Bounce (AUCTION), and Perpetual Protocol (PERP) at 9 am Pacific Standard Time on Tuesday. All...

dailyhodl.com

Two Ethereum-Powered Altcoins Ignite Rallies After Surprise Coinbase Listing

  
Indian teenager Gajesh Naik made headlines earlier this year when he built Gaj Finance, a multichain decentralized finance (defi) protocol, which currently manages some $1.2 million in crypto of user funds.



Now the 13-year-old high school student has raised $300,000 in pre-seed funding for his latest DeFi project called Taksh. Built on Avalanche, the protocol aims to maximize yields by “compounding rewards and farming.”



The funding round was led by Ravindra Kumar, founder of cross-blockchain platform Frontier, and other unnamed investors. Naik told Beincrypto.com in an interview that he is planning a public sale to raise additional funding.



However, “considering its liquidity and audit requirements, the project (Taksh) has enough funds to run for 12 months,” explained Naik, who operates from his parent’s home in Goa along India’s western coast.



The Taksh network utilizes cross-chain integrations, yield multipliers, and inclusive mechanics. It will essentially “auto compound rewards” for users, helping them to “maximize their yields and savings,”



Teenage prodigy



Naik comes from a non-technological background, as both his parents are civil servants in India. But he learned to code from the age of seven, and has become skilled in several programming languages including Solidity, the language used to write Ethereum-based smart contracts.



In April this year, the teenager launched Gaj Finance (formerly Polygaj) as its founder and chief architect. Gaj Finance is a DeFi yield aggregator – basically meaning that investors get a reward for their crypto holdings via a process known as yield farming. It is also a non-fungible token (NFT) platform that runs on the Polygon blockchain.



To date, Gaj Finance has around $1.2 million in total value locked (TVL) – that is, the amount of crypto it manages. Naik also has a Youtube channel with nearly 15,000 subscribers, where he helps people learn about cryptocurrencies, coding and machine learning.



Risky business



Decentralized finance has arguably become a paradise for hackers, with reports of attacks and rug pulling now common place. Investors have lost millions of dollars this way. So, does Naik, a 13-year-old boy, understand the extent of the risks involved in DeFi, both for him as a coder and those utilizing his product?



“We have engaged with leading audit firms for the smart contract audits and have followed all the best practices and implemented learnings from all the projects that faced unfortunate incidences in the past,” he avers.



“We are currently in the process to engage more security experts apart from audit firms to enhance this aspect of the project further, as we take security very seriously,” added the teenager. More specifically, Naik said Taksh is working with Solidity Finance as auditors.



Taksh plans to hire more developers and, together with Gaj Finance, expand the project’s product offering within the next quarter, he said. He added that the decision to build on Avalanche, an emerging blockchain, over Ethereum was motivated by cost.



“The platform is able to run dApps (decentralized applications) at a fraction of the cost,” he stressed.



Going forward, Naik said: “We aim to commit some part of the profits to treasury as a grant. Those who want to build on Taksh will be invited to submit an application. Those applications will be evaluated by the committee of crypto veterans first, and later will be put to vote to the community.”



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  The post India’s 13-Year-Old Coder Raises $300,000 for New DeFi Project appeared first on BeInCrypto.


Indian teenager Gajesh Naik made headlines earlier this year when he built Gaj Finance, a multichain decentralized finance (DeFi) protocol, which currently manages some $1.2 million in crypto of user funds.
The post India&#8217;s 13-Year-Old Coder Raises $300,000 for New DeFi Project appeared fir...

Injective Protocol price	$12.89
Low - High 24H	$12.58 - $13.26
Market cap	$562.71M
Volume 24H	$10.99M
All time high	$24.89 -48.25% April 30th 2021
All time low	$0.657401 1859.23% November 3rd 2020
Genesis date	N/A

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