Articles

Affichage des articles du septembre, 2023

MultiBank.io: Trade Crypto, FX, CFDs, Stocks, Metals & More From a Single Account

Image
Established in 2005, MultiBank Group aims to bring regulation and safety to the financial industry, creating a trusted trading environment. Over the past years, it has evolved into one of the largest financial derivatives institutions, holding more than 12 licenses worldwide, operating from 25 global offices, serving over 1,000,000 active customers, and achieving an average daily trading volume of $12.1 billion. Since the creation of Bitcoin, a growing number of digital currencies have been developed such as Ethereum, Ripple, or Litecoin, which have gained increasing attention and adoption over the past decade. Although the world of currency is steadily expanding and gaining popularity, the traditional finance industry is still hesitant to adopt the use of these digital assets. However, there are also some financial institutions such as MultiBank Group that are working to change and drive a new era of innovation and efficiency. MultiBank.io MultiBank Group has launched a crypto...

Kunji Finance: Empowering Crypto Investors with Asset Management

Image
Kunji Finance is a groundbreaking platform that opens the door to non-custodial investment in actively managed strategies, with a mission to reshape the landscape of asset management in the cryptocurrency world. Kunji Finance is a multi-strategy decentralized asset management platform. Quick Facts Highlights Details Mission Reshaping asset management in the cryptocurrency world Key Strategy “Alpha Blue Chip Focused Strategy” trading in BTC, ETH, DeFi, and metaverse sectors Beta Launch August 2023, with 500 early adopters Achievements Most traded contract on Arbitrum in July. Partnerships with major DEX protocols and key crypto entities. Community Presence Over 34,000 Twitter followers and 18,000 Discord users. Kunji Research offers extensive publications. Key Features Low capital requirements, transparent fee structure, and governance rules. Utilizes Arbitrum blockchain. Token KNJT Token: Integral for digital asset management (DAM) strategies. ...

Radix Babylon Upgrade Marks New Era for Web3 User and Developer Experience

Image
London, England, September 28th, 2023, Chainwire Decentralized ledger platform Radix Publishing has celebrated the successful completion of its long-anticipated Babylon mainnet upgrade. The Babylon upgrade represents the end of the Olympia era and has been hailed by Radix as a game-changing moment for Web3 and the wider DeFi space. The Babylon mainnet upgrade has been described as a “substantial update” to the Radix Network mainnet, enabling the deployment of Scrypto-based smart contracts and a wide swathe of new technologies and features, most notably, the Radix Mobile Wallet. “With the Radix Babylon Upgrade complete, the Full Stack for DeFi has come together for the first time, ushering in a new beginning for both existing users, as well as those who were hesitant to embrace DeFi and Web3. A new ecosystem awaits – an ecosystem where builders can intuitively build and launch powerful and secure dApps, and where our friends, family, and colleagues can confidently use them” said Pi...

Bitcoin Faces Turbulence Ahead of Fed Hearing and Celsius’ Major Move

Image
The flagship cryptocurrency is trading at $26,800 at the time of writing, up 2.73% in the past 24 hours. The rally comes after a stagnant week in which Bitcoin fell from above $27,200. Despite the rebound, the bulls may struggle to regain momentum ahead of the Fed’s speech and Celsius refund. The U.S. Federal Reserve (Fed) Chairman, Jerome Powell, will host a keynote speech with a number of speakers, including the Fed Board Governor Lisa Cook. Community’s eyes are set on the remarks of Powell as these can indicate the Fed’s approaches to the broader economy and monetary policies. The Fed’s Speech on Thursday The upcoming event may impact the crypto market, but many believe that price movements will be muted, particularly when recent Fed news has shown little impacts on the crypto market. After the Fed’s hawkish speech at Jackson Hole on August 25, the price of Bitcoin was down slightly following the event. Furthermore, Bitcoin’s price remained unmoved before and after the Federa...

Crypto Mixers Regulatory Tendencies

Image
In today’s increasingly digital world, financial privacy has become a precious commodity. The erosion of private and financial privacy is a concern shared by many as our lives and financial transactions are increasingly conducted online. This increased vulnerability has spurred the search for innovative solutions that enable individuals to regain control of their financial privacy. One such solution that has gained prominence is the crypto mixer, also known as a Bitcoin mixer, Bitcoin tumbler or coin mixer. Cryptocurrency mixers have emerged as a bastion of financial confidentiality, providing a vital counterbalance to the pervasive surveillance mechanisms of our digital age. The traditional financial system often requires individuals to disclose a wide range of sensitive information, from social security numbers to home addresses and bank account details. This transparency can expose individuals to identity theft, fraud and a litany of other malicious activities that can wreak havoc...

Binance Japan Teams up with Mitsubishi to Explore and Develop a Stablecoin

Image
Binance Japan and Mitsubishi UFJ Trust and Banking Corporation (MUTB) have partnered to explore and develop “a new stablecoin pegged to fiat currencies, including the Japanese yen and other foreign currencies,” such as the US dollar. Despite ongoing regulatory challenges in the US, the exchange improved its engagement with other regulatory landscapes, including Japan and Belgium. As part of this strategic collaboration, the new stablecoin will be developed on the Progmat platform, a Mitsubishi-backed initiative that provides innovative financial solutions, including the issuance of stablecoins, security, and utility tokens. Binance Eyes New Stablecoin Progmat is a legal entity in Japan operating in compliance with the revised Payments Services Act. In addition to Progmat Coin, MUTB has also partnered with other companies to streamline stablecoin transfers and exchanges on different blockchains like Ethereum. Companies can build their stablecoins on Progmat and have them issued ...

Revolutionizing Cloud Mining With Leading Super Computing Power: Tokencoin’s User-Centric Approach And Diverse Product Plans

Image
In the fast-moving world of digital money, there’s a platform shaking things up – Tokencoin, which is like a rising star in the world of cloud mining. And it’s getting noticed for doing things differently. Imagine coming with us on an exciting journey into Tokencoin, where they put users first. They’ve got cool perks like instant bonuses, super fancy mining machines, and investments designed just for you. Tokencoin is basically changing the way people make digital money. So, let’s reveal the secrets behind Tokencoin’s amazing success. A User-Centric Revolution Unveiled Tokencoin embarks on a mission driven by a steadfast commitment to its users. It emphasizes not just about cryptocurrency; it’s about its people. The platform’s registration process, for instance, comes with a delightful surprise-a $10 Register Bonus. This isn’t your typical bonus, remember! Actually, it stands as evidence of Tokencoin’s commitment to elevating the user experience, and what truly distinguishes it is ...

ApeX Review: Non-Custodial Non-KYC, Permissionless Trading

Image
ApeX is a permissionless, non-custodial, and non-KYC platform that offers permissionless cross-margined perpetual contracts to its community under a new social trading framework. It is designed to deliver limitless access to the perpetual swap market with its unique order book model, enabling speed, efficiency, security, and transparency on trades. ApeX at a Glance Feature Description Type Permissionless, non-custodial, non-KYC trading platform Offerings Cross-margined perpetual contracts under a social trading framework Core Team Experience Extensive experience in crypto and blockchain since 2015 Unique Selling Points Speed, efficiency, security, and transparency in trades Technology Built on the ApeX Protocol, integrating StarkWare’s Layer 2 scalability engine StarkEx Supported Blockchains Ethereum, Arbitrum, Avalanche, Binance Smart Chain, Polygon, and Optimism Wallet Integrations 11 wallets including MetaMask, Trust Wallet, Wallet Connect, By...

Mt. Gox Reschedule Repayment: Now Set for 2024

Image
Nobuaki Kobayashi, Mt. Gox Rehabilitation Trustee, has extended the repayment window for 2024. The news broke after Mt. Gox’s creditors reported the company’s “Notice Concerning Change of Repayment Deadlines.” A number of creditors face further wait as the repayment deadline shifts to 2024. According to the original plan, Mt. Gox was expected to reimburse its former customers on October 31, 2023. However, the company has rescheduled the repayment to October 31, 2024. Repayment Deadline Postponed Until 2024 The exchange will attempt to pay back customers who provided all the required information within 2023, as noted. However, the repayment period can still be extended to the next year. Other customers may not receive their funds until the end of October 2024. Mt. Gox trustee holds 42,000 BTC, 143,000 BCH, and 69 billion Japanese yen (equivalent to $510 million). The initial payments will be distributed in a combination of BTC, BCH, and fiat. Creditors can choose to receive repa...

The Open Network (TON) Foundation engages Chainbase and Tencent Cloud for Web3 development and adoption

Image
Zug, Switzerland, September 21st, 2023, Chainwire The partnership entails an enterprise node deployment service offered by Chainbase The Open Network (TON) Foundation has partnered with Chainbase and Tencent Cloud to simplify blockchain development as the Foundation ushers in the next era of Web3 mass adoption across the Asia-Pacific region.  As one of the world’s leading cloud providers, Tencent Cloud offers reliable computing resources and optimized network connectivity through its global cloud infrastructure. Tencent Cloud has already successfully supported TON validators and plans to expand its services further to help meet TON’s high compute intensity and network bandwidth needs. Tencent Cloud and TON Foundation are devoted to supporting web applications and bots built within Telegram. For example, Telegram games built on TON can benefit from Tencent Cloud’s enriched gaming solution and reference cases. For all projects built on TON, Tencent Cloud will offer, subjec...

Hong Kong Will Issue Stablecoin Regulations By Mid-2024

Image
Duncan Chiu, a member of the Legislative Council of the Hong Kong Special Administrative Region (HKSAR), revealed that the Hong Kong Parliament is currently conducting a second round of consultations regarding stablecoin regulations , with plans to unveil these regulatory conditions by mid-2024. His remark was made during the 2023 Shanghai Blockchain International Week on September 19 and reported by a local media outlet. Hong Kong is undoubtedly one of the most dynamic crypto hubs in Asia and the world. Chiu also shared his recommendations to the Hong Kong Chief Executive, which included exploring tokenization, digital Hong Kong dollars, and stablecoins, with the goal of establishing Hong Kong as a digital asset hub. Hong Kong’s Stablecoin Regulatory Roadmap In addition to Hong Kong’s regulatory agenda for stablecoins, the event participants discussed the dynamic world of Web3 and its implications for blockchain and cryptocurrencies. Jiannong Cao, a Professor at Hong Kong Polyte...

OKX Achieves SOC 2 Type II Certification, Demonstrating its Industry-Leading User Safety, Security and Compliance Standards

Image
Hong Kong, Hong Kong, September 20th, 2023, Chainwire OKX , a leading crypto exchange and Web3 technology company, today announced that it has successfully completed the Service Organization Control (SOC) 2 Type II audit, demonstrating that the company’s processes for governing its services, managing sensitive data and protecting data privacy meet the highest global standards. The internationally recognized SOC 2 Type II report, a framework developed by the American Institute of Certified Public Accountants , is one of the most comprehensive audits in the market. The report, completed by an independent external auditor, reviews a company’s policies, procedures and controls over an extended period of time. Achieving SOC 2 Type II certification is a testament to OKX’s unwavering efforts in ensuring the highest possible standards of safety, security and compliance. It also mirrors OKX’s core operating philosophy and commitment to security, transparency and trust. This certification ...