Fun

IHC: Wilder to Land a Blow for Crypto

News Feed - 2021-10-06 06:10:51

IHC: Wilder to Land a Blow for Crypto press release


PRESS RELEASE. LAS VEGAS & ULAANBAATAR – On Saturday 9 October, Deontay “The Bronze Bomber” Wilder will be defending the United States’ honor once more. Known for being the first American World Heavyweight Champion since 2004, which was the longest period of time in boxing history without an American Heavyweight Champion, Wilder will rise to the occasion once more. When he steps into the ring at the T-Mobile Arena in Las Vegas to take on the WBC World Heavyweight Champion, Tyson Fury, Wilder will be fighting for the outsider – and a group of rebel crypto-warriors who look to shake up the financial world.


In fight trunks sponsored by Inflation Hedging Coin (IHC), a new crypto asset developed by a group of visionary Mongolian entrepreneurs, Wilder seems to have found the perfect sponsor. IHC has been built to exploit the potential of blockchain to stave off the inflationary effects inherent in the oversupply of fiat currencies. “Wilder’s ongoing crusade for social justice is part of the same battle,” says Co-founder and CFO of IHC, Munkhjin Otgonbaatar. “IHC provides an alternative to ordinary citizens to invest in a financial instrument that reduces their exposure to the knock-on effects of the central banking system, especially as they look to buy their way out of Covid-related recession.”


Known as a ‘rebel coin,’ IHC has picked up major interest in the crowded crypto marketplace. Punching well above its expected weight, thousands of enthusiasts invested 10 million USD in the newly created tokens, buying up the entire first tranche of coins in seconds. The launch of the first 100 billion coins, out of a total of one trillion that will become available, saw IHC becoming one of the fastest-selling cryptocurrencies on record. 25 billion coins were equally placed on four different crypto trading platforms, and it took only 11 seconds on DAX and 43 seconds on Coinhub for people to buy up all the available tokens. Two of the platforms crashed, overwhelmed by over a hundred thousand visitors. The next tranche of IHC tokens will launch on international exchanges in mid-October.


Will the 20,000 audience at the T-Arena be witness to a similar knock-out on October 9th? Fury is the only man to have ever beaten Wilder, a technical knockout in their last bout in July 2020. In their first clash back in 2018, they drew, although Wilder landed his infamous right hand to put Fury on the floor twice during that bout, once in the twelfth round. Will the fight go the distance, or will “The Bronze Bomber” knock out Tyson ‘Gypsy King’ Fury before the final bell?


His punching pedigree, with a 94% knockout rate and only the one loss in 44 fights spanning 15 years with five of them spent as WBC World Heavyweight Champion, means that this is one of the most keenly anticipated bouts in ages. He has put on some extra muscle for the fight and is clearly fit to go the distance.


His sponsors feel the same way. Fellow C o-founder of IHC, Ider-Od Bat-Erdene, an experienced tech-entrepreneur, and aerospace engineer, says that “For us, Wilder exemplifies everything a champion should be – rebellious, resilient, and disciplined. We believe in the same principles. Launching this cryptocurrency is something we have trained all our lives for, something we believe in and will fight for.”


 


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.


Listen to the latest Bitcoin.com Podcast:


Family of Popular NFT Projects Launch Collaborative Initiative and Genesis Collection BLOCKCHAIN | 1 hour ago While Politicians Worldwide Clamor Over Tax Evasion, Pandora Papers Show Bureaucrats Are the Worst Offenders NEWS | 3 hours ago Tags in this story IHC


Image Credits: Shutterstock, Pixabay, Wiki Commons

News Feed

The US Dollar’s Share of Global Reserve Currencies Drops as Japanese Yen’s Share Increases
The US Dollar"s Share of Global Reserve Currencies Drops as Japanese Yen"s Share Increases The U.S. dollar’s dominant position as the reserve currency of c
Cloud-based app taps into Solana to bring life to old devices
Gareth Jenkinson13 hours agoCloud-based app taps into Solana to bring life to old devicesA new virtual smartphone application has launched on Solana’s blockchain and Aethir’s decentralized cloud infrastructure aimed
Tom Blackstone1 hour agoWorldcoin releases audit reports showing resolved security issuesThe proof of humanness protocol released security audit reports claiming that most issues were fixed or mitigated.319 Total views11
Hong Kong virtual bank Mox Bank launches crypto ETF trading
Martin Young3 hours agoHong Kong virtual bank Mox Bank launches crypto ETF tradingThe Standard Chartered subsidiary says it"s the first bank of its kind to offer spot Bitcoin and Ether ETF trading to customers.2404 Total
Bitcoin To Hit $100,000 in Five Years as Demand and Adoption Increase – Report
Bitcoin To Hit $100,000 in Five Years as Demand and Adoption Increase - ReportBloomberg analyst Mike McGlone has predicted that the price of bitcoin will hit $100,000 by 2025. McGlo
Argentine Tax Authority AFIP Detects Irregularities in 184 Digital Wallet Tax Statements
Argentine Tax Authority AFIP Detects Irregularities in 184 Digital Wallet Tax Statements The Argentine tax authority (AFIP) is increasing its scrutiny when it comes to digital wall
Best Meme Coins to Buy as Large Whale Buying Hints at an Upcoming Litecoin Rally
Reason to trust Strict editorial policy that focuses on accuracy, relevance, and impartiality Created by industry experts and meticulously reviewed The highest standards in reporting and pu
EverRise Director Jenn Duong on Developing Secure dApps and the Issues Facing the DeFi Space
EverRise Director Jenn Duong on Developing Secure dApps and the Issues Facing the DeFi Space EverRise is a blockchain technology company that offers bridging and security solutions
Bakkt to Launch Options on Its Bitcoin Futures Dec. 9
The Intercontinental Exchange (ICE) is launching bitcoin options contracts through its subsidiary Bakkt. Bakkt announced Thursday that it would “launch the first regulated opt
NYDIG Partners With MVB Bank to Offer White Label Bitcoin Solutions
NYDIG Partners With MVB Bank to Offer White Label Bitcoin Solutions NYDIG, a Bitcoin-based fintech firm, has announced it will partner with MVB bank to integrate its Bitcoin servic
Bitcoin halving not priced in to ‘full extent’ — D8X founder
Zoltan Vardai13 hours agoBitcoin halving not priced in to ‘full extent’ — D8X founderDespite a new Bitcoin all-time high, markets are still yet to price in the upcoming Bitcoin halving, Basile Maire told Cointelegr
Amaka Nwaokocha10 minutes agoU.S. 5th Circuit Court seeks regulation on lawyers’ AI use in legal filingsThe suggested regulation would apply to attorneys and litigants without legal representation appearing before the