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

Mastercard Launches Digital Currency Testing Platform for Central Banks
Mastercard Launches Digital Currency Testing Platform for Central BanksMastercard has launched a digital currency testing platform aimed at helping central banks test their digital
Wrapped Bitcoin supplied on Aave hits record high despite backing fears 
Alex O’Donnell2 hours agoWrapped Bitcoin supplied on Aave hits record high despite backing fears WBTC is still the most popular Bitcoin wrapper, with nearly $10 billion in TVL, according to DefiLlama.593 Total views1
Santander UK Limits Cryptocurrency Exchange Transactions, Bank Says Investing in Crypto ‘Can Be High Risk’
Santander UK Limits Cryptocurrency Exchange Transactions, Bank Says Investing in Crypto "Can Be High Risk" On Nov. 3, Santander UK, the subsidiary of the Spanish financial giant Ba
Bitcoin ‘parabolic’ rally may start in Q4, according to historical price data
Nancy Lubale6 hours agoBitcoin ‘parabolic’ rally may start in Q4, according to historical price dataQ4 could be a blockbuster moment for Bitcoin’s price as a multi-year historical price trend holds up.4346 Total vi
IMF Report on El Salvador’s Bitcoin Adoption: Risks Averted, but Transparency Needed
IMF Report on El Salvador"s Bitcoin Adoption: Risks Averted, but Transparency Needed According to a recent mission statement published by the International Monetary Fund (IMF), El
Nobel Laureate Ben Bernanke Blasts Cryptocurrencies, Says Tokens ‘Have Not Been Shown to Have Any Economic Value at All’
Nobel Laureate Ben Bernanke Blasts Cryptocurrencies, Says Tokens "Have Not Been Shown to Have Any Economic Value at All" Ben Bernanke, former chairman of the Federal Reserve and al
Biggest Movers: ETC, NEAR at 3-Month Lows on Tuesday
Biggest Movers: ETC, NEAR at 3-Month Lows on Tuesday Ethereum classic remained close to a three-month low in today’s session, as the token continued to extend recent decline
Over a Hundred 10-Year-Old Bitcoin Addresses Signed: Message Calls ‘Craig Wright a Fraud’ 
Over a Hundred 10-Year-Old Bitcoin Addresses Signed: Message Calls "Craig Wright a Fraud" Not too long ago, news.Bitcoin.com reported on Craig Wright’s recently submitted bit
Biggest Movers: SOL up 20%, ADA Hits Highest Point Since November
Biggest Movers: SOL up 20%, ADA Hits Highest Point Since November Solana rose by as much as 20% Saturday, as crypto markets came alive to start the weekend. The token hit a 12-week
Bank of America Sees Long Road Ahead for Coinbase to Become the ‘Amazon of Crypto Assets’
Bank of America Sees Long Road Ahead for Coinbase to Become the "Amazon of Crypto Assets" Bank of America has initiated coverage of Coinbase Global. The bank has
Tristan Greene7 hours agoMicrosoft, Salesforce, Nvidia swoop in to hire OpenAI employees as walkout threats increaseOpenAI’s future remains uncertain as employees threaten a walkout over the firing of former CEO and co
Meme Tokens Slide 55% in 5 Months — DOGE, SHIB Dominate $14.9B Meme Coin Economy by 95%
Meme Tokens Slide 55% in 5 Months — DOGE, SHIB Dominate $14.9B Meme Coin Economy by 95% Five months ago, the top meme cryptocurrencies by market valuation were valued at $33.7 bi