Sunday, July 31, 2022

Quantum Generation and Plato to deploy a space-based quantum network by 2027

Quantum Generation (QG), a space-based decentralized banking, exchange, data storage, and social platform, announced today with Plato, an open intelligence repository and platform that curate’s the latest data intelligence, that the two teams will deploy a decentralized space-based quantum network by 2027.

The Qubit Blockchain from Quantum Generation was the first testing node launched to low Earth orbit in 2018 on SpaceX and was the first generation of blockchain to engage in the space race and quantum space revolution. Currently, the schedule is to deploy Plato’s blockchain nodes in the 1st quarter of 2023.

Conducting transactions via satellites will provide an even higher level of security and decentralization to distributed ledger technologies including the Plato and Qubit blockchains. Consequently, the quantum infrastructure is protected against any physical intrusion.

Plato’s web3 platform and data execution, coupled with Quantum Generations’ quantum communications, data storage technology, and space-based quantum internet, aims to transform the digital economy and open up the last mile. Moreover, the collaboration will present a chance to advance space technology.

Presently, Quantum Generation has opened up an exclusive membership program for the QG community. Every new member will receive a web3 address from Plato’s platform and be placed on the priority list for the QPhone and other products and services.

“We are thrilled to be a part of such significant industry advancements. Furthermore, we are pleased to collaborate with a distinctive partner in Plato, which will now be the fourth blockchain to participate in this space race.”
– Larry Castro, CEO of Quantum Generation

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* This article was originally published here

Sunday, July 17, 2022

Societe Generale – FORGE selects METACO to manage blockchain asset capabilities

Societe Generale – FORGE (SG FORGE), a fully integrated subsidiary of Societe Generale, providing issuers and investors with end-to-end services to issue, invest and manage digital-native security tokens registered on public blockchains, has selected METACO, a provider of digital asset management technology and infrastructure, to orchestrate its digital asset custody operations.

Since 2019, Societe Generale and its subsidiary SG FORGE structured several native security tokens issuances deployed on blockchain for their clients such as the European Investment Bank’s (EIB) €100 million digital bond issued in 2021.

Now, Societe Generale is offering a range of capital market products to institutional clients under a native security token format on Ethereum and Tezos with full banking level safety and regulatory compliance.

Security tokens allow for a fully digital issuance process and lifecycle. Due to their innovative characteristics, they have the potential to significantly improve efficiency, speed, and transparency in financial markets and make transactions safer and more resilient – all while offering benefits similar to those of financial instruments issued in a conventional way.

“Bridging the digital asset industry and traditional finance requires a multifaceted approach incorporating institutional-grade technology, regulation, as well as industrial capacities. By partnering with METACO, SG FORGE will be able to leverage their secure infrastructure to ensure that we have a solid foundation to grow our digital asset market activities.”
Jean-Marc Stenger, CEO of Societe Generale – FORGE

The partnership enables SG FORGE to continue setting the agenda on the integration of security tokens into traditional finance, and leverage METACO’s bank-grade digital asset custody and orchestration platform, Harmonize, to further expand its offering at scale.

These developments are taking place within a larger context marked by the acceleration of market digitalization using blockchain technology, notably through the forthcoming implementation of the EU Pilot Regime and which will permit the processing of security tokens through market infrastructures in compatibility with applicable EU regulations.

“Societe Generale plays a key role in shaping the future of finance. A leading innovator on digital securities, SG FORGE is setting the standard for the asset class, providing a model for a fully regulated and integrated ecosystem across traditional and DLT-based systems of finance. We are proud to partner with SG FORGE and provide our industry leading digital asset infrastructure to support the bank in its vision of bridging traditional and digital finance.”
Adrien Treccani, CEO and Founder of METACO

METACO’s infrastructure is supporting key live implementations, in various regulatory jurisdictions, including Switzerland, Germany, the United Kingdom, and Singapore, with other notable projects in progress in jurisdictions such as the United States, Australia, and Hong Kong.

The post Societe Generale – FORGE selects METACO to manage blockchain asset capabilities appeared first on CryptoNinjas.



* This article was originally published here

Tuesday, July 12, 2022

Crypto-gold exchange Vaultoro lowers fees, increases withdrawal limits

Vaultoro, the cryptocurrency-based gold & precious metals exchange, today announced new updates and platform enhancements for users. See below for more details:

  • Limits – Daily limits on Vaultoro have been increased, and users can now withdraw higher amounts of most cryptocurrencies.
  • Fees – The company has introduced lower fees on Vaultoro Direct. Now, when buying and selling on Vaultoro Direct, users get better prices. Furthermore, it was announced that volume and time-based pricing will be coming soon, which will eliminate flat-rate fees.

  • Light Mode – Vaultoro has launched a new light image and color scheme for platform users.

“The financial markets might be struggling but we’re on a roll over here! Don’t forget, saving money in gold or silver is an excellent way to weather the financial crisis. Gold is the officially the OG ‘stablecoin.’ And we have some really really exciting features coming soon…”
– The Vaultoro Team

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* This article was originally published here

Monday, July 11, 2022

Crypto trading platform MoonXBT unveils new referral program

MoonXBT, a social cryptocurrency trading platform with spot, contract, and options markets, announced that it has officially launched its new referral program.

Currently, MoonXBT users can earn commissions by referring new users to the platform.

Once the new user trades in the spot, contract, or options markets on MoonXBT, the user that referred them will start to receive a commission.

Program members can invite users with referral links and earn commissions from the 3 markets offered.

When a new user registers with a referral link and reaches 100,000 USDT in trading volume in the liquid contract market, both the referrer and new trader will receive a 10 USDT bonus of liquid contract trading.

The referral rules are as follows:

Level Spot Trading referral ratio Liquidity Contract referral ratio Option Trading referral ratio
1 10% 10% 10%
2 20% 20% 20%
  • 10 or fewer valid users invited equals level 1.
  • 10 or more valid users invited equals level 2.
  • Old users need to assign grades according to the data of historically invited users.
  • Users with on-chain deposits are valid users.

For more information on MoonXBT click here.

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* This article was originally published here

Sunday, July 10, 2022

Polygon DAO integrates decentralized ID service to prevent hostile takeovers and whales

Polygon ID, a new self-sovereign, zero-knowledge proof (ZKP) identity service, is today integrating with Polygon DAO to foster equitable voting in DAO communities. Introducing Polygon ID to replace token DAO governance with one founded on identity and reputation.

Bots and unequal voting privileges often plague DAO governance…

By leveraging Polygon ID and basing voting on identity and reputation, DAOs can unlock verifiable voting and ensure the same individual cannot vote twice. It also allows for “Proof of Personhood,” eliminating the issue of bot voting without compromising user privacy.

Until now, there has been no ability to allow for participation in DAO governance processes based on specific user attributes and reputation without directly tying voting activity to a user’s public wallet (i.e., token-based governance).

Reliance on a token-based voting system has resulted in whales — who hold a majority of DAO tokens — having an outsized influence on important governance votes, increasing centralization.

With the introduction of Polygon ID, DAOs can instill a one-person, one-vote system based on reputation and identity while preserving user privacy through zero-knowledge technology.

This newly proposed governance system also avoids hostile DAO governance takeovers by DAO token whales and other malicious actors — as was the case in the recent takeover of Build DAO.

The post Polygon DAO integrates decentralized ID service to prevent hostile takeovers and whales appeared first on CryptoNinjas.



* This article was originally published here

Saturday, July 9, 2022

Tether to launch British Pound Sterling (GBP)-pegged token in early July

Tether, the blockchain-enabled stablecoin platform, today has announced that it will be launching Tether tokens (GBP₮) pegged to the British Pound Sterling in early July.

Initial blockchain support will include Ethereum.

The newly launched GBP₮ will join four other fiat-currency pegged tokens Tether has in the market: the U.S. dollar-pegged USD₮, the Euro-pegged EUR₮, the offshore Chinese Yuan-pegged CNH₮, as well as the recently launched MXN₮, the Mexican Peso-pegged stablecoin.

British Pounds on the blockchain via GBP₮ will provide a faster, less costly option for asset transfers. GBP₮ will be built by the team of developers behind Tether USD₮ and operate under tether.to.

Tether + GBP

In April of this year, The UK Treasury announced plans to make the country a global crypto hub.

According to its website, the government will also make moves to see stablecoins recognized as a valid form of payment. This initiative, paired with hundreds of millions of people using crypto around the world, makes the United Kingdom a prime location for the next wave of industry innovation.

“We hope to help lead this innovation by providing crypto users worldwide with access to a GBP-denominated stablecoin issued by the largest stablecoin issuer. Tether is ready and willing to work with UK regulators to make this goal a reality and looks forward to the continued adoption of Tether stablecoins.”
– Paolo Ardoino, CTO of Tether

The post Tether to launch British Pound Sterling (GBP)-pegged token in early July appeared first on CryptoNinjas.



* This article was originally published here

Friday, July 8, 2022

delta.theta: new multi-chain P2P options exchange goes live

Today, the team of delta.theta revealed the official launch of its regulated P2P crypto options exchange.

Via partnering with regulated broker Just2trade, the delta.theta platform is able to ensure KYC/AML processes, followed by gaining access to the P2P crypto trading platform.

In the newly-launched hybrid DEX platform, individuals will be able to buy and sell options from peers, while simultaneously providing the regulation and transparency of a licensed organization.

Firstly, delta.theta will support networks including Ethereum, Binance Smart Chain, Polygon, Aurora/NEAR, and makes it possible to trade cryptos such as BTC, ETH, BNB, AAVE, MATIC, DOT, and more.

“delta.theta brings transparency and regulation to the crypto options trading industry. Right now, 90% of every crypto exchange made is processed through a company called Deribit, which is a non-regulated company in Panama. They process $8B in open interest transactions per day. While this may be acceptable to risk-averse early adopters, more serious market participants need a regulated environment to feel secure, and for crypto trading to enter the mainstream. This is what delta.theta brings to the table.”
– Daniil Zatologin, Co-Founder & CEO of delta.theta

Notably, individuals are able to trade directly from their wallets on delta.theta, which eliminates the inherent risk of transferring funds to a third-party proxy.

The post delta.theta: new multi-chain P2P options exchange goes live appeared first on CryptoNinjas.



* This article was originally published here

Wednesday, July 6, 2022

Crypto-custodian Hex Trust welcomes approval for Dubai crypto-asset license

Hex Trust, a fully licensed and insured provider of bank-grade custody and associated services for crypto-assets in Asia, announced today it has obtained provisional approval from the Government of Dubai’s Virtual Assets Regulatory Authority (VARA) to receive a Virtual Asset MVP License.

As a result, Hex Trust is enabling safe market adoption to accelerate the development of the virtual asset and blockchain industry in the region. Hex Trust is opening an office in Dubai which will be used as its regional headquarters in the Middle East.

Dubai has quickly risen as a global crypto hub after the UAE established VARA less than three months ago to grant licenses to crypto firms looking to set up in Dubai. Over the last few months, we’ve seen firms such as Crypto.com and Bybit, Kraken and Binance all establish offices or receive licenses in the UAE.

Currently, Hex Trust is applying for a license with Dubai’s Virtual Assets Regulatory Authority (VARA) to provide services to institutional clients and investors. Hex Trust’s Dubai office will be run by Filippo Buzzi, who has over 14 years of experience in blockchain, tax, and corporate consulting.

After closing its recent USD $88M Series B, Hex Trust is now expanding to the Middle East and Europe

The post Crypto-custodian Hex Trust welcomes approval for Dubai crypto-asset license appeared first on CryptoNinjas.



* This article was originally published here

Sunday, July 3, 2022

Ubitquity launches ‘Crypto Listing Service’ to grow real estate transactions in crypto

Ubitquity, an enterprise blockchain-secured platform for real estate and title recordkeeping, today announced that is launching a ‘Crypto Listing Service‘ as part of a UbitquityPay value add-on for home sellers who want to advertise their properties or land to the global cryptocurrency community.

“The Crypto Listing Service will provide a new property listing and search experience while adding an advanced tool for collaboration between homeowners, title companies, and realtors who are working to serve the ever-demanding needs of their clients. With the major volatility of cryptocurrencies as of late, people want to put their cryptocurrency into more stable assets like property, so the timing of this product launch couldn’t be better.”
– Nathan Wosnack, Founder & CEO of Ubitquity

UbitquityPay’s Crypto Listing Service intends to be a definitive source for the most up-to-date listing information for both buyers and sellers who intend to transact in cryptocurrencies.

The Crypto Listing Service gives both parties the ability to accept and pay with over 130+ supported cryptocurrencies on the UbitquityPay platform while offering best-in-class security, and automated KYC/AML (Know-Your-Customer, Anti-Money Laundering) solutions to ensure regulatory compliance.

This new value-added service will provide a collaborative environment with the responsive mobile features and comprehensive property insights homebuyers need to make timely, informed decisions when transacting in both cryptocurrency or a hybrid of their local currency (fiat).

Further, UbitquityPay’s white-label payment processing partnerships also ensure that their rates, often 1% or less with revenue sharing, are the most competitive in the industry.

Additions of guaranteed crypto price settlements (no stablecoin required), merchant integration, live demo, 24/7/365 support, service level agreement (SLA), white-glove handling of title policies, and other paperwork for transactions are industry requirements that UbitquityPay supports.

To ensure the transaction is both legal and valid Ubitquity works with various title companies.

UbitquityPay helps to remove the friction (i.e. 72-hour+ delays associated with good funds law, fraud mitigation, intermediary costs, etc.) between title/escrow firms, insurance underwriters, and homeowners.

Once the transaction is complete, the cryptocurrency is safely stored on multi-signature wallets. Additionally, UbitquityPay instantly converts the cryptocurrency amount into fiat currency.

The post Ubitquity launches ‘Crypto Listing Service’ to grow real estate transactions in crypto appeared first on CryptoNinjas.



* This article was originally published here

Friday, July 1, 2022

Lightning Network now supported on bitcoin e-commerce savings site Purse.io

Purse.io, a platform that enables users to receive discounts when shopping for any product on Amazon by matching Shoppers with Earners (users who wish to exchange their Amazon gift cards for bitcoin), announced that the Lightning Network will soon be supported.

As a result, Shoppers and Earners can access instant transactions while paying lower fees.

The Purse team is now beta testing Lightning Network integration and expects to launch in one month. Those interested to participate as beta testers to get early access to Lightning can apply here.

“Lightning helps our mission to ‘Make Crypto Useful’ through cheap, instant BTC transactions for Shoppers & Earners. Further, we believe continued development on the Lightning Network, including projects like Taro, will move Purse to a more decentralized and self-custodial future. Thanks again for the continued support, and we look forward to Lightning with you!”
– The Purse.io Team

The post Lightning Network now supported on bitcoin e-commerce savings site Purse.io appeared first on CryptoNinjas.



* This article was originally published here

Dogecoin Flaw Exploited, Hacker Crashes 69% of Active Nodes

On December 12, 2024, the Dogecoin network was exploited when an “ethical” hacker uncovered a critical flaw. This exploit brought down a sta...