Coin Graf

Independent Crypto Market Reviews

Category Archive : News

cover protocol token shut down

Ruler & Cover Protocol Team Has Decided to End the Project
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It’s been announced that the Cover Protocol token will no longer be supported after the sudden changes and decision to leave the project coming from core development team.

Use Interface will no longer be supported and will remain permanently shut down.

All Cover Protocol token holders are strongly urged to withdraw their funds as soon as possible due to the UI shutdown.

The sudden announcement came out on 5th of September 2021 by DefiTed, read more at Medium Cover Protocol official profile.

 

cover protocol token shut down

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Streamr new data coin migration

Streamr – Migration of Old xDATA to New DATA Token
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It’s been officially announced that the team behind the Streamr DATA coin based on Ethereum blockchain are expanding and need to upgrade the code behind their DATA token.

Therefore all DATA token holders are prompted to migrate their tokens to the new version of the token as soon as possible.

It can be done so via exchange or if holding the coins inside the wallet then we can use MetaMask to do the job.

It’s not recommended to transfer the tokens from wallet to exchange because of security reasons.

If the coins are located on the exchange already then the migration will happen automatically, but checking with the exchange support would be the great idea to know for sure.

How to Migrate the DATA Tokens Using MetaMask

  1. Download and install the MetaMask Chrome extension app.
  2. Open the wallet where your DATA coins are stored and connect to MetaMask using your unique wallet key phrase.
  3. Go to Streamr official website and watch the short video explaining the migration process and follow the instructions.

 

Streamr new data coin migration

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Massive Money Wealth Shift

Massive Wealth-Shift Starting with US Dollar to Cryptocurrency
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wealth

I am not sure how many people understand what is actually happening in Today’s Economy concerning US Dollar and other global FIAT money currencies.

This massive shift is coming from the office of the comptroller of the currency OCC, which is the main bank and currency regulator in the US.

It’s concerning the letter that has been sent out to all major US banks including Wells Fargo, Goldman Sachs, Bank of America, and many many more, saying and basically giving the ‘Green Light’ to start including the cryptocurrency in customers’ investment portfolios.

I cannot stress enough how huge this is.

Officially it’s not being translated to the public yet for many reasons, among one of them being the constant demonizing the Bitcoin and other cryptocurrencies calling it a scam, fake and worthless money used only by criminals, etc.

bitcoin

The major media all around the globe were spreading the lies and misinformation about the cryptocurrency saying things like that “It has no real value” that “It’s not the future of money”, or even that “It’s a Pyramid scheme.”

Basically giving the general public many reasons “Why you should not care about Bitcoin and crypto” while the big whales were buying in.

And since all these lies were spreading over all of the media, Bitcoin grew more than 13,000% since 2016 when a few crypto pioneers were recommending it. So now you should ask yourself, Who you should listen to.

And it’s not just US and major global banks, but every huge corporation and institution is starting to including cryptocurrencies as the means of the purchase value and legitimate asset.

And that is precisely why the massive amount of money will flow into these assets in the next upcoming months.

All of this is happening as I write this post and one thing is certain.

Governments and huge institutions do not want you to know this too early because they are those who want to profit from this massive wealth shift the most.

The question now is, will they ever tell you to move your FIAT money to crypto assets?

And the answer is, of course, they will, but before they do, they want to be the first to profit the most. As we know, who comes first benefits the most by getting rich on the back of masses and mass adoption, basically all the people living on this planet.

cryptocurrencies

So, if you are reading this article, what I would HIGHLY recommend, is to be smart and move the percentage of your wealth to crypto-assets like Bitcoin, Ethereum, Ripple, Dogecoin, or any other major players in the cryptocurrency space.

I am not trying to take advantage of anyone by creating a false scarcity, but rather genuinely warn you and get you prepared.

If you still don’t believe my claims, then give yourself an answer to a simple question.

What do you think that is going to happen after governments printing trillions of FIAT money not backed by the treasury of gold to stimulate the economy?

You bet, the huge inflation and currency devaluation, and it’s not going to be near to what we’ve seen in the past but much much worse.

Once the sh*t hits the fan, you will be forced to move all your money to crypto-assets but it’s going to be too late for you to make huge gains or even any profit gains whatsoever.

The train will be long gone.

So, since 2016 when all major bankers and CEOs were calling Bitcoin a scam and fraud are all buying right now, banks like JP Morgan have already created their own cryptocurrency called the JPM Coin.

400 million dollars are pouring into crypto from these institutions every week as of right now.

If this doesn’t lift you from a chair with an aha moment, then I don’t what else would.

money dollars

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