Jared Grey, newly appointed ‘Head Chef’ (equivalent to CEO) of the SushiSwap decentralized exchange, has found himself the target of many accusations, which has caused the SUSHI token to increase significantly in volatility.

SushiSwap’s decentralized status means investors can vote in those whom they wish to lead the protocol, with Grey coming out top dog. However, not long after being thrust into the limelight, allegations of scamming investors and even sexual acts with a horse began circulating on Twitter and other cryptocurrency media.

Grey has been accused online of stealing from the crypto community in 2019 via a project named ALQO. The core of the accusation is that he introduced the wallet for ALQO named Liberio, which was then used to steal around 70% of the entire supply of the token. Grey has Tweeted his innocence in this, stating, “the accusations towards me are 100% untrue.” According to him, via a Medium post at the time, his business partner Kevin Collmer was the one to blame, who was subsequently fired, and all affected investors were refunded. The SushiSwap boss also said, “I have always operated with integrity in this space; you can reach out to anyone I’ve worked with directly over the years. I’ve had business failures, which crypto Twitter likes to scrutinize, and I’m OK with that because it comes with the territory.”

On top of this, the online cryptocurrency community began to circulate allegations that Grey had engaged intimately with a horse. As of yet, no evidence has been provided to support the claim. This all resulted in an over 10% drop in the SUSHI token value as investors sold off their holding, followed by a pump back to its pre-drop price.

All this insecurity in the SushiSwap platform will be good news for UniSwap, the biggest DEX on Ethereum and rival to the food-based exchange, with people seeking to keep their assets in more stable platforms.

New launcher Uniglo.io, set to launch on UniSwap imminently, will also be excited to hear this ‘news.’ With investors moving over, the capital influx is likely to increase for GLO once they launch after the presale finishes next month.

GLO is a token backed by a basket of real-world assets stored on-chain in a tokenized format. These assets will prove a value to the Uniglo protocol and assist in supporting a bottom price in periods of volatility. In addition, the Ultra Burn Mechanism will no doubt boost the value of each token over time, making this a sound investment for the future. For more information, you can check out the Uniglo Medium here.

Disclosure: This is a sponsored press release. Please do your research before buying any cryptocurrency or investing in any projects. Read the full disclosure here.

Follow us on Twitter @nulltxnews to stay updated with the latest Crypto, NFT, AI, Cybersecurity, Distributed Computing, and Metaverse news!

The post SushiSwap ‘Head-Chef’ Accused of ‘Horsing Around’ Causing SUSHI to Wobble, Good News for UniSwap and Projects Set to Launch There Such As Uniglo.io appeared first on NullTX.

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Are you looking for credible options for your portfolio to shore it up for the coming winter? If you are, then you’re in the right place. While the crypto scene has been somewhat hard to predict recently with the bear run in full force, many experts believe we might be approaching a change in momentum and entering another bull run. Especially as crypto has traditionally gone up approaching the end of the year.

If the fortunes for the crypto space do shift, current prices will be looked back on as absolute bargains. That’s why many investors are deciding now is the time to “buy the dip.” So if you want to prime your portfolio for the best chance of success over winter, you might want to consider one of the following projects:

Oryen Network (ORY)

Oryen is arguably the best new crypto project many onlookers have ever seen enter the space. It’s got the highest passive income yields in the business with a massive 90% APY, which are paid out in installments every hour (much faster than many other cryptos). It’s also effortless to earn with as you don’t have to stake it on third-party platforms. Earnings are paid directly into your wallet simply from holding ORY. All of these features mean you might not want to miss out on current prices during ORY’s first pre-sale phase and before it goes on to more significant gains.

Polkadot (DOT)

By creating an interoperable range of Web3 solutions and allowing multiple blockchains to work together with ease, DOT has a considerable future. Transacting between blockchains hasn’t always been easy, which makes DOT perfectly placed to help revolutionalize the digital asset industry. That’s why experts recommend it for your portfolio.

Cosmos (ATOM)

Cosmos aims to create a massive ecosystem of interconnected solutions, starting with its ATOM token. Experts believe that Cosmos will offer key benefits to the crypto world and continue to become a more significant part of it, which is why an investment into ATOM right now may be a wise choice.

Conclusion

ATOM and DOT both look good for your portfolio over the coming months, but experts think that Oryen (ORY) has the best chance of success and could be that one investment you don’t want to miss out on.

Find Out More Here:

Join Presale: https://presale.oryennetwork.io/register

Website: https://oryennetwork.io/

Telegram: https://t.me/OryenNetwork

Discord: https://discord.com/invite/jSvaXmb2cB

Twitter: https://twitter.com/oryennetwork

Disclosure: This is a sponsored press release. Please do your research before buying any cryptocurrency or investing in any projects. Read the full disclosure here.

Follow us on Twitter @nulltxnews to stay updated with the latest Crypto, NFT, AI, Cybersecurity, Distributed Computing, and Metaverse news!

The post Oryen Network, Polkadot, And Cosmos Will Yield The Best Returns This Winter appeared first on NullTX.

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Sport Fan Token is a Web3 Sport-Fi Ecosystem that is combined with NFTs, DeFi, GameFi, allowing users to launch fan token and predict sports matches with our platform.
We provide wagers on a wide variety of sports, including basketball, football, tennis and others, and there are two methods to participate in the games: Tournaments and Predict to earn. 

What We Do

Sport Fan Token is built on Web3 utilities, Fan Token Launchpad, and “Predict to Earn” is a prediction game-based that lets players win rewards based on their predictions of sports games from all over the world, including the upcoming World Cup 2022 in November and other sport tournaments. How much passive income you get depends on how many match you predict and how many $SFT you have, and you can make more rewards by joining our special event.

We decided to make this idea a reality to help people who are addicted to sports and love sports. We did this because we know that gambling addiction is the uncontrollable urge to keep gambling no matter what it does to a person’s life. Our main goal is to keep people from losing money at any service providers and to keep them excited and having fun while doing the same thing.

SportFanToken – Decentralized Platform

A whole new age of decentralized games is something that Sport Fan Token hopes to usher in. There will be no cheating at any of the games since they are all going to be run on smart contracts. On the blockchain, each and every piece of game data will be accessible at all times. Our group maintains a high standard for the overall quality of the products we produce.

Even though you can find a simple prediction game just about everywhere on the web, Sport Token Fan is special for a few key reasons that make it worthwhile to play.

• Easy access: In certain countries, you may play right away without having to provide any personal information or through a Know Your Customer (KYC) check.
• Free and open to the public: All you need is a web3 wallet to get started.
• Quick payment: Successful wagers are immediately credited to the user’s cryptocurrency wallet.
• Publicly available, the smart contract may be inspected by anybody using BNB Chain.

Conclusion

Sport Fan Token is a user-friendly, decentralized, peer-to-peer prediction platform:

• Peer-to-peer
• No limits
• Decentralized
• Community-powered

From the idea to the finished product, Sport Fan Token is dedicated to developing a product that prioritizes security, simplicity, and the user experience. This is done with the intention of providing our players with a sense of comfort and safety when they are using our platform to play games. Audits by reputable authorities and comprehensive stress testing will be performed on our contracts.

Contact

Website: https://sportfantoken.io/

Twitter: https://twitter.com/SportFanToken

Telegram Channel: https://t.me/sportfantokenchannel

Telegram Group: https://t.me/sportfantokengroup

Discord: https://discord.gg/tVugpurN87

CONTACT: Company Name / Brand Name: SportFanToken, Contact Person: Bashir, Company Address: Rte de Bourges, 36100 Issoudun, France. Email: contact@sportfantoken.io

Disclosure: This is a sponsored press release. Please do your research before buying any cryptocurrency or investing in any projects. Read the full disclosure here.

The post SPORTFANTOKEN – A Revolution Of Sport Prediction And Fan Token appeared first on NullTX.

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Renowned trading firm Amber recently declared that Bitcoin is a solid hedge against inflation. With inflation increasing across the planet, the economy is looking for a weapon to help fight against growing prices and market forces that are arguably getting out of control. Investors also need options for their portfolios resistant to rampant inflationary pressures.

If you’ve noticed the cost of things going up and your fiat currencies becoming worth less over time, you’ll also have seen how much of an issue inflation has become. Cryptos like Bitcoin could be the ideal hedge against inflation, but some argue that smaller projects like Oryen could fare better over the next few months. Here’s why:

Oryen (ORY)

Some say Oryen (ORY) is the perfect hedge against inflation, thanks to its APY rates that dramatically outpace even the most substantial inflation figures. With an APY of 90%, you can enjoy the most robust passive income gains in crypto and the simplest way to earn ever seen.

Unlike many other crypto passive earners that require you to move tokens and manage staking to start gaining, with ORY all you have to do is buy, hold, and earn, thanks to the platform’s revolutionary Oryen Autostaking Technic (OAT). OAT pays out residual rewards every hour directly into your wallet. This helps break down barriers to entry and could give more regular investors the vast benefits of DeFi investing with no hassle.

Bitcoin (BTC)

Bitcoin could be a solid hedge against inflation, even though its price has been down somewhat recently. Experts believe it could return to all-time highs soon and may be more protected against market pressures than traditional stocks. There’s still a place for BTC in your portfolio, but ORY is gathering the most attention and is still available in pre-sale for reduced prices.

Conclusion

Now could be the time to add ORY to your portfolio, as it looks set to provide more solid resistance to growing inflationary concerns than industry-leader Bitcoin.

Disclosure: This is a sponsored press release. Please do your research before buying any cryptocurrency or investing in any projects. Read the full disclosure here.

Follow us on Twitter @nulltxnews to stay updated with the latest Crypto, NFT, AI, Cybersecurity, Distributed Computing, and Metaverse news!

The post Hedge Against Inflation With Bitcoin, Crypto Trading Firm Amber Says – Oryen The Better Choice? appeared first on NullTX.

Source: null tx

As we inch closer to the end of the year, analysts are starting to put out their top picks for 2022. Three analyst-recommended cryptos offering high-yield opportunities are Uniglo (GLO), Ethereum Name Service (ENS), and Cosmos (ATOM). What makes these projects unique?

Uniglo (GLO)

Uniglo is a community-based social currency that promotes long-term wealth accumulation while reducing market volatility. It opens the Uniglo Community Vault, which will contain a range of digital assets, including higher cap cryptocurrencies, stablecoins, lower caps, NFT collections and high-end luxury commodities like fine art and gold to support its native token, GLO.

Everyone who purchases or sells GLO after its release must pay a 10% fee, 5% of which is dedicated to treasury funding. Therefore, the treasury will continually expand regardless of whether the market enters a bull or bear phase. Treasury money simply never flows out unless the community votes to spend a portion of investment income to purchase GLO from exchanges and burn them to give the price a little boost. The method is also referred to as an “Ultra-burn mechanic” that is believed to redefine the meaning of “deflationary tokenomics” for the future DeFi generations.

The fact that Uniglo’s platform passed Paladin Blockchain Security’s audit of its smart contracts once again illustrates how much the protocol prioritizes the safety and security of its investors.

Early investors in Uniglo have already obtained a return of 45 percent, as breakthrough tactics attract new customers daily. Soon, pre-sale will end, so now could be the ideal time to add a bunch of GLOs to your portfolio and avoid buy/sell taxes when the project starts on Uniswap.

The Uniglo project is now in its third phase and is expected to accomplish its objectives by the end of Q4. 

Ethereum Name Service (ENS)

The Ethereum Name Service (ENS) is based on the Ethereum blockchain and manages a decentralized and comprehensive name system. It is able to map human-readable names and cross-reference them with machine-readable identifiers like crypto addresses and other information. It essentially fulfills a similar function to Domain Name Service (DNS) in that it maintains secure domain names for entities in the decentralized sector. 

Cosmos (ATOM)

Cosmos (ATOM) advertises itself as a project that tackles some of the blockchain industry’s “hardest difficulties.” It aims to give an alternative to “slow, expensive, unscalable, and environmentally damaging” proof-of-work algorithms like those used by Bitcoin by offering an ecosystem of interconnected blockchains.

Cosmos is billed as “Blockchain 3.0,” and its primary objective is to make its infrastructure simple to utilize. The Cosmos software development kit focuses on modularity, enabling the creation of a network using pre-existing code pieces and simplifying the design of complex apps. Lately, Cosmos seems to get back on bull trends, and before the prices hit new ATHs, analysts recommend diversifying your portfolio with a few ATOMs.

Bottom Line

Overall, GLO, ENS, and ATOM investors might soon be blessed with a considerable price surge, easily outperforming major DeFi protocols. With strong community backing and growing demand for native tokens, these three remain the most fascinating projects on the board worth considering.

Find Out More Here:

Join Presale: https://presale.uniglo.io/register

Website: https://uniglo.io

Discord: https://discord.gg/a38KRnjQvW

Twitter: https://twitter.com/GloFoundation1

Telegram: https://t.me/GloFoundation

Disclosure: This is a sponsored press release. Please do your research before buying any cryptocurrency or investing in any projects. Read the full disclosure here.

Follow us on Twitter @nulltxnews to stay updated with the latest Crypto, NFT, AI, Cybersecurity, Distributed Computing, and Metaverse news!

The post Analyst Recommends Uniglo.io, Ethereum Name Service, And Cosmos appeared first on NullTX.

Source: null tx

Bahamas-based cryptocurrency exchange FTX announced it would be teaming up with Visa to roll out crypto debit cards across 40 new countries. FTX successfully introduced a Visa debit card in the US earlier this year and will now be focussing the rollout on South America, Europe, and Asia. These debit cards enable the owner to pay for goods and services just like a card linked to a bank account, except payments will be taken in cryptocurrency. As Visa operates with 80 million merchants globally, this will prove to be beneficial for both parties.

This collaboration shows that big names in banking are beginning to seriously acknowledge the rate at which cryptocurrency is being adopted. Visa stated it believes digital currencies will have a “lasting impact on the future of financial services and money movement.” FTX said the partnership further expands the “connection between digital assets and the global financial ecosystem.” Surely, we can expect to see further alliances being drawn up very soon in the future. FTX has much in the pipeline, including hosting Crypto Bahamas in April 2023.

Uniglo.io

Uniglo is another project marrying traditional with digital finance. Uniglo is the first fully asset-backed, community-driven crypto project. The GLO Vault stores assets such as collectibles, antiques, rare cars, and precious metals like gold alongside cryptocurrency and NFTs. Therefore, holders benefit from the steady appreciation of artifacts and treasure and the more volatile digital assets. The Vault will benefit from bullish and bearish markets, and users can vote for the assets they wish to purchase. Assets will be bought from the treasury, backed by buying and selling taxes, meaning each time GLO is used, its holders benefit from amassing more wealth for the whole community. Also, Unlike fiat, more coins won’t be printed. GLO uses a dual-burn mechanism to burn tokens continuously and limit supply. Scarcity is innate, making it both deflationary and prepped for growth.

Conclusion

GLO’s unique Ultra Burn mechanism protects against major price fluctuations, supporting stable prices and therefore making it an ideal choice for use as payment. GLO is approaching the final stages of its ICO, so be quick if you wish to get in early on this innovative new project.

Learn more:

Join Presale: https://presale.uniglo.io/register 

Website: https://uniglo.io

Discord: https://discord.gg/a38KRnjQvW

Twitter: https://twitter.com/GloFoundation1

Telegram: https://t.me/GloFoundation

Disclosure: This is a sponsored press release. Please do your research before buying any cryptocurrency or investing in any projects. Read the full disclosure here.

Follow us on Twitter @nulltxnews to stay updated with the latest Crypto, NFT, AI, Cybersecurity, Distributed Computing, and Metaverse news!

The post FTX Partners With Visa For Crypto Debit Card, Uniglo.io Deflationary Tokenomics Would Make Suitable Payment Token appeared first on NullTX.

Source: null tx