Top Crypto News: 10/11 – Cryptocurrency News

After undergoing a correction and making a daily low of $54,654, Bitcoin is now trading at $56,840. Meanwhile, the second-largest cryptocurrency, Ethereum, is trading close to $3,508.

Let’s find out some interesting crypto news stories in detail for the day.

1 – Crypto.com’s Cronos Incentivized Testnet Surpassed 2 Million Transactions

Crypto.com has revealed its progress report before the upcoming launch of its Cronos mainnet on October 19, 2021. Cronos is the EVM chain running parallel with the Crypto.org Chain. Further, this strives to scale the DeFi ecosystem while ensuring the portability of dApps from Ethereum and EVM-compatible chains.

The team has allocated a $300,000 prize pool for participants of its native token, CRO. As per the announcement, over two million transactions were performed on this Cassini testnet. In addition, 18,000 addresses were transacted along with 400 smart contracts deployed. Notably, the tester and builder registration ended on October 11, 2021, at 03:59 UTC. While competition will end on October 18, 2021, at 03:59 UTC. Hence, testers and builders still have one week to complete tasks and win lucrative rewards.

2 – Legendary Cricketer AB de Villiers Joins NFT Space With DeRace

Legendary cricketer AB de Villiers has announced he has joined DeRace as its first NFT project. Moreover, DeRace is an NFT horse racing ecosystem where users can participate in horse races. Users can breed various NFT horses, create their own NFT hippodrome, and earn lucrative rewards.

AB de Villiers is a former South African professional cricketer. He holds the record for the fastest 50, 100, and 150 in ODI cricket, and he is famed as one of the greatest batsmen of all time. In addition, AB also changed his Twitter profile pic to a racing horse pic and announced the same on his Twitter account.

3 – GemGuardian NFT Staking Live on Testnet

GemGuardian has declared the launch of its NFT staking feature on testnet. Moreover, GemGuardian is a rewarding fantasy-based NFT card game on the BSC Network. In addition, players can acquire Guardian and Dragons to battle and earn in-game rewards. Further, these rewards can be staked for a lucrative APY.

In order to participate in this testnet and to enjoy early access to this game, participants have to follow the following steps:

a) Set up the Binance Smart Chain Testnet Network.

b) Add GEMG and GPAY testnet tokens.

c) Access the dApp through this link: https://testnet.gemguardian.io/.

d) Purchase Guardian and Dragon Lootbox.

e) Start testing.

Overall, more than 13,000 people applied for this testnet whitelisting event. Notably, applicants have already received testnet GEMG and GPAY tokens in their testnet wallets.

4 – The Defina Finance IDO Sold Out in the Initial 45 Minutes

EnjinStarter’s first IDO, Defina Finance, sold out in the initial 45 minutes. Defina Finance is a blockchain game that combines DeFi with NFTs. In addition, players can purchase or collect various NFT mystery boxes.

As per the announcement, the Defina IDO went live today at 4 am UTC with a public sale price of $0.4 per token. Notably, it has a total supply of 100,000,000 FINA with an initial circulating supply of 2,825,000 FINA. Impressively, this Defina community sale was sold out within 45 minutes. For upcoming sales, users can follow EnjinStarter’s Twitter account.

5 – Heroes & Empires Token Listed on PancakeSwap & Gate Exchange

In the last bit of crypto news for today, we have the Heroes & Empires (HE) token listed today on PancakeSwap and Gate Exchange at 12:00 UTC. Heroes & Empires is a play-2-earn blockchain strategy game that joins the distinctive elements of idle RPGs and the tactics of auto chess.

According to the announcement, the trading pair launched on Gate Exchange is $HE/$USDT, while on PancakeSwap, it is available in $HE/$BUSD pair. Notably, it has a total supply of 1,000,000,000 HE with an initial circulating supply of 80,050,000 HE. The initial token price $HE is $0.01 per token.

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