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Fresh Off The Block: Tokenize Xchange puts Genesis TBot Fight Club NFTs up for auction and more

Chloe Lim
Chloe Lim9/26/2022 11:59 AM GMT+08  • 3 min read
Fresh Off The Block: Tokenize Xchange puts Genesis TBot Fight Club NFTs up for auction and more
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On Sept 26, Singapore digital currency exchange Tokenize Xchange announced that four out of five original Genesis TBot Fight Club (TBFC) NFTs will be up for auction this week starting from Sept 27. At present, the fifth Genesis TBFC NFT has already been reserved by the exchange and is not for sale.

Bids start at 1,000 ETH ($1.9 million) for each Genesis TBFC NFT.

The five Genesis TBFC NFTs: Kimi, Themis, Gaia, Aeolus and Phoenix. Source: tbot.vip

The auction will start at 8pm Singapore time (SGT) on Sept 27 and ends at 8pm SGT on Sept 30. It will take place online at tbot.vip and prospective buyers will need a MetaMask wallet to make any purchases.

Meanwhile, Singapore-headquartered fintech platform Cake DeFi has launched their latest hybrid investment product EARN, a single-sided liquidity mining service that provides daily rewards for users in addition to complete transparency on the blockchain.

See also: Bankman-Fried denies trying to commit fraud at fallen FTX empire

In other words, with EARN, users can enjoy liquidity mining benefits on any supported asset – from stablecoins to tokens – while avoiding risks and losses previously associated with the process. This is made possible by EARN’s Volatility Protection feature which aims to protect users against any impermanent loss, covering potential losses particularly when crypto prices fluctuate drastically.

A new and unique way of generating cash flow in the crypto space, EARN is designed to allow users to gain high returns on their crypto assets with lower levels of volatility.

On the other hand, cryptocurrency investment app Luno announced on Sept 20 that it will be adding Cardano (ADA) to its platform. With this move, Luno users can buy, sell and store ADA on Luno’s app and website.

See also: Play-to-earn gaming sector pressured into re-thinking old structures after crypto winter

From early October, Luno users will also be able to add Solana (SOL) as well.

More recently, ADA has been regarded as the ‘next generation evolution’ of Ethereum (ETH), as it aims to be the most scalable and sustainable platform for running decentralised applications (dApps) by taking a methodical, research-driven approach to its development. SOL has made a positive reputation for itself as well, as the fastest blockchain in the world and fastest growing ecosystem in the crypto space.

These latest additions come after Luno’s decision to add Chainlink (LINK) and Uniswap (UNI) to its platform earlier this year as well.

“The newest addition of ADA and SOL is in line with our goal of providing customers access to global investment opportunities so everyone can participate equally,” says Vijay Ayyar, vice president of Corporate Development and Global Expansion of Luno. “Luno’s endeavour is to offer the most compelling investment options, viewed through a long-term lens.”

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