URGENT: Bitcoin Spot ETF APPROVED After SEC's Decision?!

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Bitcoin Price Analysis: Bearish Technical Bias Intact – 14 October 2023

Bitcoin Price Analysis:  Bearish Technical Bias Intact – 14 October 2023

Bitcoin (BTC/USD) extended its bearish short-term bias early in the Asian session as the pair continued to orbit the 200-bar, 4-hour simple moving average following a low print around the 26521.32 area, representing a test of the 78.6% retracement of the appreciating range from 25983.78 to 28613.37.   Stops were recently elected below the 27097.06 and 27029.82 areas during the ongoing depreciation, downside price objectives associated with recent selling pressure around the 28288.88 level.   Additional downside price objectives include the 26365 and 25770 levels.   Below the market, Stops are accruing below some downside price objectives including the 24155, 23270, 23204, 23164, 22949, 22028, 21496, 21242, and 20702 areas.  

Areas of technical resistance and potential selling pressure remain the 28934, 29228, 29665, 29964, 30053, and 30222 levels.  Further above the market, Stops are cited above the 30178 and 31862 areas.  Three significant technical levels that technicians continue to monitor include the 29514, 23438, and 20195 levels, areas related to selling pressure around the 69000, 59249, and 52100 levels.  Traders are observing that the 50-bar MA (4-hourly) is bullishly indicating above the 100-bar MA (4-hourly) and above the 200-bar MA (4-hourly).  Also, the 50-bar MA (hourly) is bearishly indicating below the 100-bar MA (hourly) and below the 200-bar MA (hourly).

Price activity is nearest the 200-bar MA (4-hourly) at 26813.23 and the 50-bar MA (Hourly) at 26805.97.

Technical Support is expected around 24440.41/ 23270.10/ 22769.39 with Stops expected below.

Technical Resistance is expected around 31986.16/ 32989.19/ 34658.69 with Stops expected above.  

On 4-Hourly chart, SlowK is Bullishly above SlowD while MACD is Bullishly above MACDAverage.

On 60-minute chart, SlowK is Bearishly below SlowD while MACD is Bullishly above MACDAverage.                                   

Sally Ho’s Technical AnalysisView Yesterday’s Trading Analysis

Disclaimer: Sally Ho’s Technical Analysis is provided by a third party, and for informational purposes only. It does not reflect the views of Crypto Daily, nor is it intended to be used as legal, tax, investment, or financial advice.

* This article was originally published here

Time To Double Down? Analysts Are Bullish On Dogecoin, Tradecurve Markets and Ripple

The Dogecoin (DOGE) crypto has experienced a price upswing, and investors are now bullish on its future. Moreover, XRP (XRP) predictions are bullish, as its trading volume surged above $518 million. A rebound from its bearish sentiment could occur soon. Tradecurve Markets(TCRV) is getting significant attention, as it combines the best elements of CEXs and DEXs into one. Today, we will analyze each project to see how far they can climb.

Summary

● Dogecoin to reach $0.098 by the end of Q4 ● XRP to reach $0.79 by the end of 2023 ● Tradecurve Markets to climb 35x upon its launch and major listings on exchanges

>>Register For The Tradecurve Markets Presale<<

Analysts Are Bullish on the Future of Dogecoin (DOGE) and Project Growth of $0.098

The Dogecoin (DOGE) price is attempting to climb above the 50-day EMA. According to analysts, this momentum could soon be regained for the Dogecoin crypto. The daily DOGE chart looks promising, even if its oversold status would typically imply an incoming refund.

Its RSI has been below 50 for the past month. This implies that some investors will want to buy Dogecoin while it's at a discount.During the past week, Dogecoin traded between $0.059 at the low end and $0.061 at the high end.

The Dogecoin crypto had a market cap of $8,307,671,323, with a trading volume of $123,956,151, making it the 9th largest crypto. Based on the Dogecoin price prediction, it can surge as high as $0.098 by the end of 2023.

>>Register For The Tradecurve Markets Presale<<

XRP (XRP) Reaches $518 Million in Trading Volume

Analysts are also bullish on the future of the XRP (XRP) cryptocurrency, as its latest data suggest that it could spike and reach new heights. Its trading volume dropped below $680,148,240 during the past 24 hours.

Moreover, it's the 5th largest, with a market cap of $27,197,078,693. In terms of its weekly performance, XRP traded between $0.517337 and $0.508723. Now, $0.60 is the next major price barrier that the crypto must pass to reach new heights. Based on the XRP price prediction, it can surge to $0.79.

Tradecurve Markets (TCRV) Implements an Innovative Hybrid Approach to Enable Trading for Anyone

Tradecurve Markets is an upcoming exchange that will combine elements found in CEXs and DEXs. Through this approach, anyone can maintain full anonymity and self-custody.

However, they will also be able to access numerous markets all from a single account. Users can access CFDs, forex, indices, commodities, options, ETFs, bonds, and crypto through the platform. In addition, they can use their deposited crypto as collateral.

Anyone can also utilize features like AI-driven trading bots. Through them, they can optimize their portfolio automatically. Moreover, there’s also high leverage starting at 500:1, alongside a VIP account system.

During Stage 6, TCRV trades at just $0.03. This marked a significant jump of 200% since its start. Moreover, upon its listing on Tier-1 exchanges and the Uniswap DEX, analysts project a climb of 35x.

For more information about the Tradecurve Markets (TCRV) presale:

Website: https://tradecurvemarkets.com/

Buy presale: https://app.tradecurvemarkets.com/sign-up

Twitter: https://twitter.com/Tradecurveapp 

Disclaimer: This is a sponsored press release and is for informational purposes only. It does not reflect the views of Crypto Daily, nor is it intended to be used as legal, tax, investment, or financial advice.

* This article was originally published here

Top 6 Crypto AI Projects in 2023

The current landscape of digital assets is seeing a significant shift as the convergence of artificial intelligence (AI) and blockchain technology takes place. This convergence is leading to a remarkable period of innovation that has not been witnessed before. As we navigate the last quarter of 2023, the interdependent connection between these advanced fields has emerged as a driving force behind numerous innovative endeavors. These efforts, located at the intersection of encryption and intelligent algorithms, have the potential to reshape the landscape of banking in the future fundamentally.

The convergence of artificial intelligence (AI) and blockchain technology represents a synergistic integration that surpasses the individual contributions of each field. Moreover, the resultant synergy not only engenders innovative solutions but also challenges conventional conceptions of financial systems. Integrating cryptographic principles with advanced algorithms has significant implications across various industries, indicating a future in which the limits of financial innovation are continually expanded and redefined.

This article explores several outstanding Crypto AI projects, each exemplifying remarkable innovation in its respective domain. The activities mentioned serve as evidence of the significant influence that artificial intelligence (AI) can have in the field of cryptography, ranging from enhancing trading tactics to transforming decentralized finance (DeFi) protocols.

Exploring Cutting-Edge Crypto AI Projects

ChainGPT

ChainGPT, a pioneering force in the world of cryptocurrency and AI, brings together a suite of innovative products that are reshaping the landscape of blockchain technology. The project's website is the hub for this transformation. ChainGPT'sofferings include an AI Chat Bot, AI NFT Generator, AI-generated news, Solidity Smart-Contract Generator,  Auditor, and its proprietary Launchpad. 

The AI chatbot is a versatile tool for seamless communication and assistance in the crypto space. The AI NFT Generator simplifies the creation of non-fungible tokens with unprecedented ease. AI-generated news delivers up-to-the-minute information generated by AI algorithms. 

Additionally, the Solidity Smart-Contract Generator & Auditor offers security and transparency to blockchain contracts. Finally, the ChainGPT Launchpad is a launch platform for new projects and tokens, fostering innovation and growth within the crypto community.

These products create a robust ecosystem, offering users novel ways to interact with blockchain technology. Whether you're a developer, investor, or crypto enthusiast, ChainGPT provides the tools and resources you need to succeed in the blockchain space.

DexCheck

DexCheck offers a transformative AI-powered analytics platform for crypto trading. The platform provides instant insights into crypto and NFT markets, simplifying blockchain analysis for all users. DexCheck excels in tracking token activities, crypto whales, and NFT performance. This approach aids informed decisions in the rapid cryptocurrency domain. Using $DCK, users can access premium tools like InsightsGPT for smart trading alerts and identify leading Blockchain traders. 

DexCheck introduces a groundbreaking payment model, allowing users to stake $DCK instead of opting for traditional monthly fiat fees to unlock PRO tools. This inventive approach not only provides a cost-effective alternative but aligns with the decentralized ethos of blockchain, creating a seamless synergy between utility and value.

Beyond just access, staking $DCK brings dual advantages—premium access to tools and an attractive Annual Percentage Rate (APR). Moreover, $DCK holders actively participate in shaping the future of DexCheck through DAO voting, influencing the platform's evolution by casting their votes on proposals. This democratic involvement underscores DexCheck's commitment to community-driven governance, fostering a sense of shared ownership and collaboration among its stakeholders. 

Additionally, exclusive features reserved for DCK holders enhance the value proposition, creating a sense of exclusivity within the DexCheck ecosystem. To obtain DCK tokens, users can head to KuCoin, a prominent exchange. With its AI-driven insights, DexCheck is redefining how people engage with the world of cryptocurrencies and NFTs.

GT Protocol

GT Protocol is a game-changer in the world of crypto investments, offering a non-custodial investment technology. The platform features two key components: CeDeFinon-custody investments and AI Execution Technology.

The non-custodial technology allows investors to find and invest in the best crypto investment strategies accessible on CeFi platforms, DeFi platforms, and NFT marketplaces. Investors pay fees based on the profits they earn, creating a unique and fair incentive structure. Fund managers and traders also benefit from this model. Additionally, GT Protocol is an authorized broker of Binance, allowing users to create new Binance accounts with a single click through the GT Protocol interface.

Another remarkable feature is the AI execution technology, which allows you to simply send a text prompt or record a voice command to GT AI. The artificial intelligence will execute any trade/swap/investment/NFT deal for you on CeFiplatforms (Binance, Coinbase, OKX...), DeFi platforms (SushiSwap, PancakeSwap, UniSwap, 1inch...), or NFT platforms (OpenSea, Rarible...).

This level of transparency and user-focused design sets GT Protocol apart as an innovative and accessible investment protocol aiming to onboard 100 million users to their ecosystem within the next 4 years.

Tradetomato

Tradetomato envisions itself as the central connection and automation layer between financial crypto services and ecosystems. The platform is the epicenter of this ambitious project. 

Their mission encompasses forging integrations with both centralized and decentralized entities, spanning exchanges, wallets, NFT marketplaces, lending protocols, automated trading vaults, portfolio management tools, and providers of trading bots and algorithms. This comprehensive approach distinguishes Tradetomato, positioning it as a multifaceted bridge connecting the various facets of the crypto landscape.

Tradetomato's unique offering lies in its potential to unify the fragmented crypto services landscape. By providing seamless connections between various crypto tools and platforms, Tradetomato simplifies the crypto experience for users. 

Beyond mere connectivity, Tradetomato's true essence lies in its transformative potential, harnessing the power of AI and infusing its platform with AI capabilities. Users will benefit from real-time price forecasts, ever-evolving strategies, AI controllers, and adaptive risk management, to name a few. This fusion of AI promises a trading evolution, blending human expertise with machine precision.

SingularityNET

SingularityNET (AGIX) stands at the forefront of innovation, pioneering a decentralized ecosystem designed to be the epicenter for AI services. Functioning as a dynamic marketplace, this platform empowers developers to craft and market their AI services, presenting an avenue for businesses and individuals alike to access cutting-edge solutions.

At its core, SingularityNET leverages the power of blockchain technology and smart contracts, forging a secure and transparent landscape for exchanging AI services. The decentralized nature ensures resilience, while smart contracts facilitate trust and efficiency in transactions.

AGIX, the native token of SingularityNET, serves as the lifeblood of this ecosystem. It plays a pivotal role in facilitating transactions, becoming the digital bridge enabling seamless interactions within the network. 

Furthermore, AGIX is not merely a medium of exchange; it's a symbol of incentive, rewarding contributors who actively contribute to refining the platform and advancing its foundational AI technologies.

Ocean Protocol

Ocean Protocol (OCEAN), denoted by the ticker OCEAN, stands as a revolutionary decentralized cryptocurrency platform with a paramount objective — establishing a secure and transparent arena for data exchange. In essence, it empowers businesses, individuals, and organizations to engage in controlled and monetizable data sharing while upholding the principles of data security and privacy.

At the core of Ocean Protocol lies the integration of artificial intelligence (AI), a pivotal element that catalyzes the creation of data services endowed with the capabilities of AI. The platform, acting as a dynamic marketplace, facilitates the buying and selling these data and AI services. This process unfolds within a framework that prioritizes security and transparency, assuring users seeking to transact in this innovative space.

Central to the operational dynamics of Ocean Protocol is its native token, OCEAN, serving multifaceted purposes within the network. This digital asset acts as a catalyst, incentivizing and rewarding active participation in the platform. 

Notably, OCEAN functions as the means to compensate for the utilization of data and AI services on the network, establishing a symbiotic relationship between users and the platform's native economic ecosystem.

Bottom Line

As we conclude our exploration into the dynamic realm where artificial intelligence and blockchain technology converge, it becomes evident that this fusion extends beyond mere innovation—it is a catalyst for a transformative shift in the financial landscape. The showcased Crypto AI projects stand as pioneers, embodying the boundless possibilities when encryption and intelligent algorithms intertwine. As we step into the future, the trajectory of banking seems destined for a metamorphosis, guided by the powerful synergy of AI and blockchain, transcending conventional boundaries and heralding a new era of financial evolution.

Disclaimer: This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice. 

 

* This article was originally published here

Exploring the Vibe Interactive Whiteboard

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Crypto News: Market CRASH, Ethereum ETF, Oil, Gas, & MORE!!

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Stablecoin CRACKDOWN!! This is What The FED Says!!

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The FTX Mystery NO ONE Can Explain...

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SEC Wants to Force Elon Musk to Testify in Twitter Takeover Investigation

The US Securities and Exchange Commission is suing Elon Musk to compel him to testify as part of the investigation into his takeover of Twitter. 

On Thursday, the US Securities and Exchange Commission (SEC) filed a lawsuit to force Elon Musk to testify in a probe into his $44 billion takeover of Twitter (now X). 

According to a court filing, the SEC is trying to force the world’s richest man, Elon Musk, to testify in the investigation concerning his acquisition of Twitter. 

SEC Investigates Musk’s 2022 Twitter Takeover

The agency’s probe concerns Musk’s alleged 2022 contravention of federal securities law after the tycoon bought stock in the social media company and filings and statements made to the SEC regarding the takeover. 

In an announcement, the SEC said:

“According to the SEC staff’s filing in the U.S. District Court for the Northern District of California, the testimony subpoena to Musk relates to an ongoing investigation by the SEC regarding, among other things, potential violations of various provisions of the federal securities laws in connection with (a) Musk’s 2022 purchases of Twitter, Inc. (“Twitter”) stock, and (b) Musk’s 2022 statements and SEC filings relating to Twitter. 

According to the filing, the SEC seeks Musk’s testimony to obtain information not already in the SEC’s possession that is relevant to its legitimate and lawful investigation.” 

The securities agency further said that Musk did not appear to testify on September 15 despite being required to do so by the investigative subpoena. Reuters reports that Musk was set to appear, but two days before, he raised “several spurious objections” and informed the SEC that he would not appear.

“According to the filing, Musk failed to appear for testimony as required by the investigative subpoena served by the SEC, despite: (1) agreeing to appear for testimony on a mutually agreed upon date in September 2023; (2) having been served with a subpoena in May 2023 requiring his appearance for testimony in the SEC’s San Francisco Regional Office on that mutually agreed upon date; and (3) raising no objection to the subpoena from May 2023 until two days before his scheduled testimony date in September 2023, when Musk notified the SEC that he would not appear. According to the filing, Musk attempted to justify his refusal to comply with the subpoena by raising, for the first time, several spurious objections.”

X Approved to Offer Crypto Payments

Twitter, which Elon Musk recently rebranded as “X,” received the Rhode Island Currency Transmission License, allowing it to offer crypto payments and trading services.

The license enables X to provide 400 million users across the world access to crypto trading and payments. 

Disclaimer: This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice.

* This article was originally published here

Bitcoin Price Analysis: Bulls Seeking to Hurdle 27620 – 5 October 2023

Bitcoin (BTC/USD) continued to reclaim recent lost ground early in the Asian session as the pair reached the 27646.29 area after depreciating to the 27160.47 area.  Stops were elected below the 27620.10 area during the rapid sell-off, a downside price objective related to recent selling pressure around the 28436 and 27979 levels.   Additional Stops were triggered below similar downside price objectives around the 27533, 27494, 27481, 27367, and 27319 levels.   Related downside price objectives include the 27131, 27115, 26974, 26902, 26803, 26782, 26374, 26349, and 26298 levels.   Above current price activity, upside price objectives include the 28769, 29151, and 29964 levels.  Areas of technical resistance and potential selling pressure include the 28614, 28769, 28934, 29228, 29665, 29964, 30053, and 30222 levels.  Stops are cited above the 30178 and 31862 areas. 

Following the ongoing appreciation, areas of technical support and potential buying pressure include the 27241, 27124, 26944, 26699, 26577, 26522, 26274, 25749, and 25670 areas.  Further below the market, Stops are accruing below some downside price objectives including the 24155, 23270, 23204, 23164, 22949, 22028, 21496, 21242, and 20702 areas.   Three significant technical levels that technicians continue to monitor include the 29514, 23438, and 20195 levels, areas related to selling pressure around the 69000, 59249, and 52100 levels.  Traders are observing that the 50-bar MA (4-hourly) is bullishly indicating above the 100-bar MA (4-hourly) and above the 200-bar MA (4-hourly).  Also, the 50-bar MA (hourly) is bullishly indicating above the 100-bar MA (hourly) and above the 200-bar MA (hourly).

Price activity is nearest the 50-bar MA (4-hourly) at 27027.03 and the 50-bar MA (Hourly) at 27593.01.

Technical Support is expected around 24440.41/ 23270.10/ 22769.39 with Stops expected below.

Technical Resistance is expected around 31986.16/ 32989.19/ 34658.69 with Stops expected above.  

On 4-Hourly chart, SlowK is Bullishly above SlowD while MACD is Bearishly below MACDAverage.

On 60-minute chart, SlowK is Bearishly below SlowD while MACD is Bullishly above MACDAverage.                                   

Sally Ho’s Technical AnalysisView Yesterday’s Trading Analysis

Disclaimer: Sally Ho’s Technical Analysis is provided by a third party, and for informational purposes only. It does not reflect the views of Crypto Daily, nor is it intended to be used as legal, tax, investment, or financial advice.

* This article was originally published here

BLK DNM releases the first ‘connected fashion’ garments as part of FW 2023

New York, New York, October 4th, 2023, Chainwire

BLK DNM releases the first ‘connected fashion’ garments as part of FW 2023 

• 72 leather jackets embedded with blockchain-enabled ‘digital garment IDs’ herald an era of intelligent, responsible fashion.
• The tech grants each item a unique identity for authentication, membership to BLK DNM Society and a ‘forever refund’ policy - with more features to follow.
• ‘Connected fashion’ encourages more responsible and less wasteful behaviors.

Swedish-American fashion brand BLK DNM today reveals the first apparel embedded with blockchain-enabled hardware, marking the first instance of ‘connected fashion’: garments that exist both physically and virtually, each aspect ‘twinned’ via technology.

72 of BLK DNM’s signature leather jackets, in 7 different styles and released as part of the brand’s FW 2023 collection, have been fitted with a ‘digital garment ID’ - an undetectable chip that gives each physical item a unique and recordable identity in the digital world, enabling a host of responsibility- and value-driving features.

The 72 jackets, across seven different styles, will retail between $1,490 and $2,490, released in drops across NYC, Chicago, LA, and Stockholm from the 5th October.

Via the ‘digital reflection’ of each physical item, maintained in the virtual world, the first features to be introduced are:

• Authentication of each garment as genuine, eliminating the possibility of fakes and counterfeiting
• Invitation to BLK DNM Society, a community of BLK DNM owners connected digitally via their garments
• A cashback ‘forever refund’ on each item at any point in the garment’s lifetime (which is designed to be almost infinite) - be it in five years or five decades - with the cash value based on how well the item has been treasured and maintained

The technology has been purpose-built by BLK DNM’s parent company, Swedish blockchain innovation firm ChromaWay.

The Future of BLK DNM’s Connected Fashion

Subsequent collections will introduce more items to BLK DNM Society through embedded digital garment IDs. Additional features that will be activated incrementally across all connected fashion-enabled garments (both new and existing) include:

• A record of each individual item’s lifecycle and story tracked on the blockchain, including owners, events and places worn, repairs and alterations - enabling the item to accrue emotional and monetary value over time
• Rewarding responsible behaviors of treasuring and caring for garments long-term, such as refurbs and second-hand purchases
• Voting rights within BLK DNM Society, granting influence over the brand’s future direction
• Each item acting as a digital ticket for entry to events

Toni Collin, CEO of BLK DNM, comments:

“Each of these 72 jackets is a piece of history. With their release, technology begins to empower consumers to cherish and prolong their clothing, against the backdrop of an industry driving waste and overproduction. We hope that this puts pressure on clothing producers to be more transparent about and mindful of the impact they are having on what goes to landfill - there is no excuse now not to meet supply and demand, when you and your customers can work together to track and treasure every garment. As an industry, we need to wake up.”

Henrik Hjelte, CEO and Co-founder of ChromaWay, comments:

 “We are enormously excited after many months of hard work to see the future we envisioned for the fashion industry beginning to take shape via our technology. Today, connected fashion is born via the iconic craftsmanship of BLK DNM’s team and the technological prowess of our engineers. But the capabilities of the tech now are just the beginning, and we cannot wait to reveal and introduce more features to all connected fashion items as time goes on.”

About BLK DNM

BLK DNM is a Swedish-American fashion brand that specialises in timeless tailoring, leather and denim of extraordinary quality. Following its 2023 relaunch as an entry-luxury fashion house under the stewardship of new Creative Director Jessy Heuvelink, BLK DNM’s focus on both enduring craftsmanship and aesthetic timelessness encourages customers to love and treasure each item for decades and across generations.

About ChromaWay

ChromaWay is an industry leader in blockchain technology and specializes in creating and deploying cutting-edge, scalable blockchain solutions for both businesses and governments. The company, which was established in 2014 and has its headquarters in Stockholm, Sweden, has been at the forefront of driving widespread adoption of blockchain technology. Its flagship product, relational blockchain Chromia, enables developers to build decentralized applications (dApps) with a relational database model that offers unprecedented scalability and flexibility.

For media enquiries please contact Redgert Comms:

Ben Bunyard / Ed Strang

Contact

CEOToni CollinBLM DNMofir@blkdnm.com

Disclaimer: This is a sponsored press release and is for informational purposes only. It does not reflect the views of Crypto Daily, nor is it intended to be used as legal, tax, investment, or financial advice.

* This article was originally published here

How To Select The Best Alternative Crypto Exchanges For The UK

With ByBit beginning to cease operations in the U.K., British users are looking for alternative crypto trading platforms, especially those offering both crypto futures and crypto investments aside from spot trading. There are several factors to consider, including licensing status, user experience, fees, the range of supported assets, and GBP support. Let’s go through each of these factors.

Licensing status & GBP support

There are two types of exchanges available for crypto enthusiasts in the U.K.: those who have registered with the Financial Conduct Authority (FCA) and offshore entities. The case with offshore exchanges requires a thorough evaluation from users’ side; it’s recommended that anyone wanting to engage with such a platform makes sure that it has decent operating licences and has a clean record. Take this as an example: Binance has acquired licences in several jurisdictions, but not major ones, and they have been under scrutiny by authorities in the U.S., France, Netherlands, Brazil, Canada, and Australia. The uncertainty that comes with Binance’s licensing status will most likely lead to increased regulatory risks, an aspect users must definitely take into account.

At the same time, of course, the British need an exchange that supports GBP deposits and withdrawals. Even better if there are GBP trading pairs, given that there is not yet a trusty GBP stablecoin. An alternative exchange that meets these requirements is Bitget, which allows for crypto purchases in GBP via Visa/Mastercard and conveniently offers four GBP trading pairs: BGB/GBP, BTC/GBP, ETH/GBP, and USDT/GBP - basic cryptocurrencies for either holding or easy buying/selling of other crypto assets. It receives operating licences from the U.S. and Canada, hence KYC is a must. Another option for crypto enthusiasts in the UK searching for alternatives to Binance and Bybit might consider KuCoin. The platform has recently incorporated the Faster Payment System (FPS) for GBP, offering a swift and straightforward method for users to deposit fiat currency. Furthermore, to aid users in this transition, KuCoin hosted an informative AMA session, guiding users through the deposit process and the subsequent transition into cryptocurrencies.

User experience

For justifiable reasons, fees and the range of supported assets and services all belong to the big category of user experience. Assuming that Bitget is the object of evaluation in this case, one should now proceed to collect as much information about the exchange as possible.

How many trading pairs are there on Bitget? The exchange supports 580 coins and counting, with ca. 800 spot trading pairs and 200 futures pairs. Is it diversified enough for you, i.e. can you find your preferred coin/trading pair in Bitget’s provided selection? If yes, then the next step is to check out and compare the fees.

There is a difference between the fee schedule between spot and futures markets; most of the time, exchanges apply the same fee for Makers (those with large-sized orders, normally market makers and institutional investors) and Takers (retail investors) on spot markets and special offers for Makers on futures markets. Bitget charges a 0.1% spot fee for all spot orders, which can be deducted by 20% when paid with the exchange’s token BGB, and a standard 0.02%/0.06% futures fee. Registered VIPs will have access to a tiered fee structure, but it’s not our focus here. Most similar to Bitget is KuCoin with a 20% discount for fee payments using the platform’s token KCS, 0.1% spot fee, and 0.02%/0.06% futures fee. Gemini, eToro or Kraken (those regulated by the FCA) impose higher fees, so it’s back to square one with the question of local regulatory protections or versatile offshore options. Between Bitget and KuCoin, which exchange token shows more potential in the long-term, assuming you want to take advantage of the 20% fee discount? What else can you use the exchange token for besides paying for fees? Holding exchange tokens, in general, means you are eligible for exclusive deals and services introduced by that particular exchange such as staking or savings services, farming, airdrops, or, in the case of Bitget, you can earn more as a copy trader if your BGB holdings reach a certain amount.

Final Words

The example above is meant to give U.K. users an idea on how to ask themselves the essential questions and encourage them to do proper research before initiating engagements with any exchange. Suggestions and recommendations oftentimes fall in the category of subjective opinions, thus selecting the one platform that best suits personal needs is undoubtedly the only tip users should ever take.

Disclaimer: This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice. 

* This article was originally published here

Fuse Network welcomes Liquify as new blockchain infrastructure partner

Today, Fuse Network, an enterprise-grade, use-case agnostic, decentralized EVM-compatible public blockchain, announced Liquify as its newest remote procedure call (RPC) provider and ecosystem partner. Liquify will provide public RPC services – both free and private.

RPC nodes help process requests from decentralized applications (dApps). They are vital for improving the usability of web3 and for Fuse Network to offer superior infrastructure and scale. Offering dApp projects in the Fuse ecosystem with secure and robust RPC infrastructure is critical.

Liquify is a blockchain solutions provider with co-located tier-3 data centers boasting bare metal servers with a guaranteed uptime of 99.95%. Bare metal servers typically come with higher uptime guarantees, essential for RPC nodes to maintain network connectivity and availability for processing requests.

Important Points

• Chainstack will retract its services starting October 5th, 2023.
• The information available for switching to Liquify RPC is available here.
• Liquify has bare metal servers in the US, Europe, & Asia that support over 50+ chains.
• Liquify has been running a validator node with 100% uptime since 2020.

The Liquify team brings years of experience in DevOps, security, automation, and global infrastructure setup, focusing on the quality of service and decentralization. Bare metal servers in the US, Europe, and Asia and supports over 50+ chains, including Fuse, Ethereum, BNB Chain, and Solana.

Fuse is designed for entrepreneurs and organizations that want to experiment, launch, and scale web3 apps and integrate crypto payments. Anyone can build on the Fuse blockchain and leverage enterprise-ready, decentralized tech – be it existing crypto projects, start-ups, or blue-chip companies.

FUSE Token

Being the native currency on the Fuse blockchain, users must pay fees in FUSE to approve transactions. Token holders can stake FUSE to become a validator. The minimal staking requirement is 100K FUSE. While the network is continuously growing, currently, there are 60+ validators.

The post Fuse Network welcomes Liquify as new blockchain infrastructure partner appeared first on CryptoNinjas.

* This article was originally published here

All eyes on London as it catapults mass adoption of crypto and blockchain technology during London Web3 Week

 

• Capital claims its position as leading voice on the world stage of Web3 during London Web3 week, this October

• Zebu Live 2023, CCData’s CCDAS and CryptoAM Summit and Awards to take place Oct 3 - 11 showing the world how London is gathering momentum to become a global hub for crypto and blockchain innovation

• Mo Gawdat, Coinbase, zkSync, Blockchain.com join Steven Bartlett, Dr Lisa Cameron MP and innovation leads at Manchester United and Hugo Boss to address the future of Web3 and AI adoption 

In just over a week (October 5-6) the most influential names in the digital asset space will gather at London’s Zebu Live 2023. Mo Gawdat, AI expert and bestselling author, and Coinbase’s UK Country Director, Elke Karskens, will join zkSync, Blockchain.com, and Diary of a CEO podcast host and BBC Dragon’s Den member, Steven Bartlett, at the conference taking place during London’s Web3 week. The week is set to galvanise the Web3 community to define both what’s needed to establish London as the global crypto and blockchain hub and answer how the industry can become a mainstream destination for transaction and interaction. 

In the year following Matt Hancock’s appeal at Zebu Live in 2022 for the UK to “become the home of crypto” and implement “progressive legislation”, calls for clarity on how the industry is governed have grown louder across the globe. Despite dominating in terms of infrastructure, the US has been criticised for its lack of distinction between the regulations that govern traditional financial entities and those that govern crypto. This ambiguity has led to firms facing legal action for alleged breaches. 

Coinbase, one of many leaders in the space calling for the classification of crypto assets, will be sending its UK Country Director, Elke Karskens, to take to the Zebu Live mainstage. Elke will expand on how the company is set to create an industry precedent having declined the SEC’s request to delist all assets except bitcoin. This move, in the company’s view, would have caused the end of the crypto industry. 

Elsewhere, the European Union’s Markets in Crypto Assets (MiCA) regime has been criticised for enforcing a clearly defined ownership structure that risks the industry’s guiding principle that no one entity is in charge. 

This landscape, when combined with the vast number of Web3 startups and the domestic government support for the industry, has created a perfect storm for the UK to claim the title as global hub of crypto asset technology and investment. Earlier this year, Rishi Sunak gave his public support for Andreessen Horowitz’s (“a16z”) new UK office, having been steadfast in ensuring the country should support ‘the business of tomorrow and the jobs it creates’ during his premiership. The American firm said its decision to move was the UK’s ‘deep pools of talent’ and ‘world-class regulators.’

Answering the appeal for crypto users and leaders to engage the government and assist in creating the ideal environment for Web3 success, Zebu Live will be welcoming Dr Lisa Cameron, MP, who in June 2023 published a report jointly involving Members of Parliament and the House of Lords on the need for urgent regulation of the cryptocurrency and digital asset industry. 

Alongside regulation discussions, innovators in the space continue to evolve the systems and infrastructure within the crypto ecosystem to make mainstream decentralisation a reality and place the industry in front of the masses. Zebu Live will unpack the following: 

The Future of Trading

High on the agenda at the conference will be the tools required to simplify the user-experience of blockchain-based applications. Some of the largest exchanges in the world and attendees of Zebu Live - Coinbase, Bitget, Blockchain.com and Archax - are all investing heavily in innovation and new products to make trading more accessible and secure for retail users as well as enabling institutional adoption of crypto. 

One of the means to achieve this is through the development of more sophisticated derivatives products. Coinbase is soon to launch a derivatives platform in the UK that will give traders more options for managing their risk and exposure, whilst Bitget continues to lead the way in derivative trading (including perpetual contracts and options) and is rapidly expanding the cryptocurrencies its users can trade. As well as plans to launch a derivatives platform in the near future, Blockchain.com serves as a model for other exchanges in establishing a steadfast platform that focuses on security and compliance which in turn will increase institutional investor sentiment.

Also dominating the conversation of making trading more accessible is the move to Layer2. At Zebu Live, zkSync, Lightlink (a new L2 that provides a scalable blockchain at enterprise level) and Holochain (enhancing developer’s digital agency) will discuss the merits of Layer2, with Orbs leading on the topic of Layer3s, as it explores the technology it sees as forging the road to mainstream adoption. 

An osmosis between Web2 and Web3 banking

MELD, the Web3 banking stack joining the Zebu Live speaker roster, is spearheading the next wave of FinTech having created a means for users to hold traditional currency and crypto in one place, and move between the two seamlessly. The DeFi protocol (which attracted 50,000 users on its waitlist in a shorter timeframe than Revolut) signifies a break into new territory for the digitalisation of money. 

Significant strides continue to be made to accelerate institutional adoption with trailblazers such as Zodia Custody, an FCA-registered custodian underpinned by Standard Chartered Bank, SBI, and Northern Trust, offering a suite of custody services, including staking and off-exchange settlement service, Interchange. 

What does an on-chain future look like for gaming and the metaverse?

The gaming industry will also receive the spotlight as its adoption of on-chain technology is met with a a seismic stream of funding: the industry is forecast to be worth $65 billion by 2027. The likes of Animoca, Playember, and The Cryptoverse will answer why an on-chain future will be revolutionary for user experience. 

"It’s clear that the UK is in a prime position to lead a global example for setting the roadmap on how Web3 can deliver on its promises of self sovereignty in finance and data ownership. 

The biggest brands in Web3, thousands of users and artists, investors and even members of parliament will descend upon London during Web3 week answering the PM’s call for collaboration to drive project and infrastructure development. We will also combine forces to set the government and regulatory bodies to task in clarifying the regulations needed to cement our seat at the head of the global Web3 table. Slowly then suddenly,” comments Harry Horsfall, CEO and co-founder of Zebu Live.

 

“The FCA regulations coming into effect on the 8th of October pose challenges, undoubtedly. But just as every dark cloud has a silver lining, I believe these regulations will pave the way for more transparent, secure, and user-friendly innovations in the crypto domain. London has the potential, the energy, and the talent to burgeon as a major crypto hub. And while there are hurdles on the way, my optimism for the future of crypto in the UK remains unwavering,” added Jamie Elkaleh, Bitget UK Country Manager.

To join in on the conversation, don't miss your chance to secure a ticket to Zebu Live. Tickets are priced from £199 and can be secured via Eventbrite here. 

Visit the Zebu Live website for more information and follow Zebu Live’s social channels for event updates and exclusive content: 

Twitter: @Zebu_live Telegram: Zebu LiveLinkedIn: Zebu Live - London Web3 Conference

Zebu Live is the annual Web3 event owned by Flight3 (formerly Zebu Digital), the Web3 marketing agency. In April 2023, Zebu Digital was acquired by Steven Bartlett’s marketing and communications agency, Flight Story. 

Zebu Live is in its third year, having launched the event in 2020. For this year’s show, sponsors include Coinbase, Base by Coinbase, zkSync, Solana, Thirdweb, Blockchain.com, Flight Story, Orbs, Chronicle Protocol, and Tezos. The 2023 Zebu Live media partners are The Defiant, Cointelegraph, BeInCrypto, CryptoSlate, the Cryptonomist, Luna PR, New Kids on the Blockchain, Blacks and Cryptopolitain. 

Zebu Live community partners include NFT UK, NFC, MAD Global, Joyn, Little Atlas, Surge Women, Women of Web3, The Bigger Pie, LWLW3, Crypto Mondays, TuesDAO, and Blockchain Game Alliance.

Disclaimer: This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice. 

* This article was originally published here

3AC Crypto Hedge Fund Founder Su Zhu Arrested In Singapore

The liquidator of Three Arrows Capital (3AC), Teneo, has said that the founder of the failed crypto hedge fund, Su Zhu, has been apprehended by the authorities in Singapore. 

Zhu, also the co-founder of the OPNX exchange, is expected to serve a four-month prison sentence. 

3AC Co-Founder Apprehended In Singapore 

One of the most controversial figures in the crypto space, Su Zhu, has been arrested at Singapore Changi airport as he attempted to leave the country. The news was broken by Teneo, the liquidators for Three Arrows Capital (3AC). Zhu now faces a four-month prison sentence. The arrest was made possible under a committal order granted by the Singapore courts, according to an update shared by Teneo. A similar committal order with an imprisonment term of four months has also been granted against Three Arrows Capital’s Kyle Davies. However, Davies’ whereabouts remain unknown at this point in time. 

Teneo obtained the order on the 25th of September after Zhu refused to comply with a court order requiring him to cooperate with the liquidators. Zhu was ordered to account for his activities and actions as the co-founder of 3AC and its former investment manager. Many in the crypto space consider Zhu and his partner Kyle Davies to be one of the biggest fraudsters in crypto. This is why, unsurprisingly, there was considerable joy in the crypto community when the news of his arrest broke. 

On-chain investigator ZachXBT shared a screenshot from Zhy’s latest Instagram story, that of a beach. Community members were quick to mock Zhu and his post, with one user stating he could print it out and put it on his jail cell wall. 

Teneo To Interrogate Zhu For Asset Recovery 

During Zhu’s imprisonment, Teneo will look to interrogate him regarding Three Arrows Capital’s assets. 

“Throughout the process, the liquidators’ priority has been recovering the assets of 3AC and maximizing returns for its creditors.”

Liquidators have complained on numerous occasions that Zhu and Davies have been uncooperative during the liquidation procedure. Davies and Zhu also received subpoenas on X, considering authorities could not get hold of them. However, both founders persistently ignored and disregarded all legal notices while remaining active on all social media platforms. 

Even with liquidators and authorities chasing them, Zhu and Davies announced the launch of OPNX, a new crypto exchange in partnership with the founders of CoinFLEX. 

Singapore Issues Market Ban On Zhu And Davies 

Singapore recently announced that it had issued a multi-year market activity ban against Zhu and Davies. The ban came into effect on the 13th of September. This means neither individual will be allowed to perform any regulated financial activity in Singapore and its associated jurisdictions. 

“The Monetary Authority of Singapore (MAS) has issued nine-year prohibition orders (POs) against Mr Zhu Su and Mr Kyle Livingston Davies for contraventions of the Securities and Futures Act 2001 (SFA) and Securities and Futures (Licensing and Conduct of Business) Regulations (SFR). Mr Zhu was the Chief Executive Officer and Director of Three Arrows Capital Pte Ltd (TACPL), while Mr Davies was the Chairman and Director.”

According to the Monetary Authority of Singapore, Zhu and Davies misled the market regulator and committed a number of violations between August 2020 and January 2022. In a statement, the assistant managing director of payments and financial crime at the Monetary Authority of Singapore, Loo Siew Yee, commented, 

“MAS takes a serious view of Mr. Zhu’s and Mr. Davies’ flagrant disregard of MAS’ regulatory requirements and dereliction of their directors’ duties. MAS will take action to weed out senior managers who commit such misconduct.”

Disclaimer: This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice.

* This article was originally published here

15 Most Promising Web3 Startups That Will Be On Everyone's Lips In 2024

In the fast-paced world of Web3, there's a new crop of startups that are ready to make a name for themselves in 2024. In this article, we’ve rounded up the most praiseworthy early-stage companies who have already established themselves as disruptors, garnering the interest of investors, businesses, and communities alike.

Our list features 15 high-potential ventures that are driven by visionaries, cutting-edge technologies, and a passion for solving real-world problems. Each one is accompanied by a short but capacious descriptive paragraph introducing their innovation and distinctive competence. 

So let’s have a closer look at how these startups are revolutionizing markets and redefining the Web3 sector.

Kinetex

Kinetex brings DeFi into the mainstream with automatic exchanges and data transfers. This comprehensive solution offers multiple unique features, from liquidity aggregation and zero gas fees to native coin support and bridgeless cross-chain transactions. While developers can leverage Kinetex to scale up and interact with any network, users enjoy a fast and convenient swapping process without digging into DeFi complexities.

SIDUS HEROES

SIDUS HEROES is a Web3 gaming ecosystem with a unique economy model created by an international team of blockchain and game development professionals. Powered by AI technology, the metaverse features multiple game studios, unified lore-books, and a common economy across all its titles. SIDUS HEROES utilizes a cross-platform approach, enabling seamless progress transfer between its 20+ high-quality gaming products.

BitOK

BitOK, a pioneering crypto startup, has emerged as a game-changer in the crypto AML/KYT realm. Their software streamlines AML transaction screening, portfolio tracking, tax reporting, and crypto accounting for users, businesses, and financial institutions – all in one place. With seamless 4000+ integrations and global reach, BitOK is poised to revolutionize the crypto landscape in 2024.

Texture

Texture is a one-stop platform for NFT-backed loans on Solana. With a simple and fast UI, it allows users to borrow, extend, flip for a better one or repay NFT-backed loans from any major Solana lender like Sharky, Citrus or Rain.

Light DeFi

Light DeFi is a token issued by Brillacom. In a strategic partnership with Solatio, a leader in renewable energy projects in Latin America, the company develops photovoltaic power plants and distributes part of the profits as cashback to token holders, according to the proportion of their portfolios. Thus, Brillacom boosts scalability of new initiatives and promotes a more sustainable future.

Cryptwerk

Cryptwerk is an online directory, marketplace and map, aggregating information that enables crypto holders to live on their digital assets. It is useful for those willing to spend Bitcoin and other popular cryptocurrencies directly, without exchanges or banking cards. The service displays products and services from local crypto-friendly merchants, while also boasting a collection of promo codes and special offers.

Ready to Fight

Ready to Fight, co-founded by Oleksandr Usyk and Sergii Lapin, is a groundbreaking blockchain-powered ecosystem reshaping the boxing industry. It's supported by legends of sport and aims to democratize boxing, creating opportunities for athletes. The RTF token unites and establishes a framework for athletes, trainers, managers, promoters, and fans, serving as a professional marketplace and community hub.

Gliesereum

STELS by Gliesereum is an ecosystem for market making and yield generation, built for maximum capital efficiency. STELS provides an intuitive dashboard to manage the liquidity, AI-powered automatisation systems for strategy execution, in-depth analytics, and raw market data.

Autentic 

Autentic is a blockchain financial ecosystem that embraces several areas with its three major components. Namely, Autentic Capital allows for both attracting investment and for investing, while Autentic Market enables participants to trade digitized goods and services with no restrictions. There are also internal currency tokens that are used for funds transfer and building all business processes within the system.

PLXYER 

PLXYER is a comprehensive Web3 game distribution platform catering to both developers and players. It offers an extensive selection of on-chain games, DAO governance, a guild management portal, and an NFT marketplace with peer-to-peer services. Their mission is to empower game creators by providing tools for launching and managing Web3 games, while ensuring players have an exceptional gaming experience.

Evaa Protocol

Evaa Protocol is the first decentralized lending protocol on the TON blockchain, fully integrated with Telegram. Backed by TONcoin.fund and Existential Capital, it ensures that users have a safe and easy experience while lending and borrowing crypto without any third-party involvement. With Evaa, depositors supply liquidity to the market and generate passive income, whereas borrowers can get over-collateralized loans.

Outset PR

Outset PR is a powerhouse in the field of Web3 PR and content creation. It helps crypto, blockchain and other tech companies outperform their competitors, combining high-class expertise with 2400+ media connections. The agency is led by Mike Ermolaev, a renowned PR strategist, market analyst and journalist authoring his exclusive interview series “Crypto Opinion with Mike Ermolaev” on Benzinga.com.

Directual

Directual helps both businesses and individuals with no technical skills to transform digitally. It provides a full-fledged platform that allows for launching and scaling decentralized applications of any complexity. Leveraging a built-in database and API builder, users can easily create dApps for crypto payments, wallets and NFT marketplaces on Ethereum, Polygon, and NEAR. Pre-made integrations are available for each blockchain. 

Capture 

Capture, an application powered by Numbers Protocol, significantly reduces the entry barrier into the Web3 ecosystem. Photographers can monetize their images and videos by converting them into NFTs, while also safeguarding the rights of their assets using on-chain registration. Thus, Capture is redefining the way users spend time online, allowing even more creators to reap the benefits of emerging technologies.

Clustr

Clustr is a platform that utilizes quantitative models to analyze blockchain data and differentiate real project utility from fraudulent activity. The ranking algorithm at the core of the app provides aspiring investors with fundamental metrics and prevents them from making first-time mistakes by selecting the most suitable investment options based on the individual's crypto preferences, investment strategies, and risk tolerance.

Learn More About the Best Web3 Startups From Their Sources

These are the top 15 Web3 startups to keep an eye on in 2024, which are shaking up the space by introducing new use cases, enhanced trading capabilities, promotion methods, functionality, and scalability. 

If you want to get more detailed information about these companies or invest in them, one essential step is to visit their official websites or check them out on social media.

Disclaimer: This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice. 

 

* This article was originally published here

Jade Protocol Community Member Proposes Liquidating $31M Treasury

The Jade Protocol is facing calls from a longtime member to liquidate its $31 million token treasury and issue redemptions to all token holders. 

Following the proposal, the native JADE token registered a significant surge in value. 

Jade Protocol Faces Calls To Liquidate 

Jade Protocol is an investment group specializing in sourcing early-stage crypto deals. The protocol’s native token is the JADE token, which trades on Avalanche and BSC. The token also allows users to access the larger Jade Protocol community. On Wednesday, the protocol faced calls to liquidate after a longtime member proposed that the decentralized autonomous organization (DAO) liquidate its $31 million treasury and begin issuing redemptions to token holders. Under the “Dissolve DAO” call-to-action, the JADE token would become a cashout. 

A Risk To All Token Holders 

The proposal was put forward on the 25th of September by a member with the screen name VampireOfCrypto. The proposal cited an extremely unfavorable regulatory climate that was significantly slowing down Jade Protocol’s progress. The regulatory environment is also putting all DAOs in peril. Decentralized autonomous organizations, or DAOs, are crypto collectives, with token holders having a say in the governance and development of the associated protocol. 

The investor further added that numerous legal questions and a brutal crypto winter have combined to freeze out crypto trading volume. It has also stymied Jade’s deal flow. The investor had joined Jade Protocol’s Discord server in July 2022, stated that the DAO poses a major investment risk to all token holders, and added, 

“Distributing all treasury funds back to all token holders without delay is the ultimate win-win situation for everyone.”

Latest Project To Face Pressure From Investors 

Jade protocol has become the latest crypto project to face considerable pressure from its investors to shut down. Over the past year, a group of activist investors have led calls for rage quits and treasury redemptions in many DAOs. This was seen in Nouns DAO when the NFT experiment lost over half of its $50 million treasury to its own disgruntled investors. That fork resulted from months of squabbling and contentious decisions around the running of Nouns DAO. 

Another project that saw a fight between investors and key backers was Aragon. Key backers of the project had doubled down on their decision to ban certain Discord server members. The team said in its statement, 

“Discord servers and other trusted coordination platforms are tools used by DAOs, but they themselves are not DAOs.”

Activist investors claim that cash-outs are the only way to protect investors from floundering DAOs and receiving pushback and plenty of profit. According to a statement posted on the Discord server by Jade’s press liaison, Jon Ray, some of these activist investors have also been joining the Jade Protocol. Kevin Randleman, a high-randing DAO member, stated in a post on Discord, 

“It is a sad and frustrating reflection on the state of legislation in our space that one of the most positive, supportive, and oldest members of the community is bringing this forward.”

However, he conceded that the challenges faced by Jade Protocol are real, and the community must decide its future course of action together. Randleman also highlighted a number of bureaucratic and technical barriers that needed to be cleared before redemptions were a possibility. He also called for a $2 million legal defense fund to help core contributors wind down the DAO in the event that dissolution is approved. 

Disclaimer: This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice. 

* This article was originally published here

Xsolla Announces Acquisition of AcceleratXR, A Multi-Player Platform For Games

Sherman Oaks, United States, September 27th, 2023, Chainwire

 

Xsolla, a global video game commerce company, announces its strategic acquisition of AcceleratXR, a provider of in-game server backend technology designed for live service games and software. The AcceleratXR platform and network engine offer robust scalability, supporting experiences across multiple platforms and devices. It functions similarly to an operating system optimized for modern interactive digital content.

AcceleratXR technology equips development teams—regardless of size or skill level—to create cutting-edge online and multiplayer experiences on a grand scale. Boasting more than 20 specialized systems, such as live cloud scripting, AcceleratXR is the most flexible and feature-packed platform for developing games, digital entertainment, the metaverse, and more.

This acquisition underscores a transformative shift towards marketing comprehensive cross-play and cross-pay solutions available out of the box, allowing players to maintain their identity and access their purchase history across any platform they want to play on - PC, web, console, mobile, and VR.

"Today, we welcome AcceleratXR, a significant new addition to the Xsolla game tech family," said Chris Hewish, CEO of Xsolla. "AcceleratXR brings robust game server backend technology capable of catering to various platforms - from web to PC to console to mobile. It marks a promising stride in our journey to redefine cross-play technology."

"We're thrilled about the acquisition by Xsolla, as it supercharges our core mission of making game development tools accessible to all and enhancing social experiences within gaming communities," said Jean-Philippe Steinmetz, Co-Founder of AcceleratXR. "This momentous step forward presents promising opportunities to reshape the global gaming industry."

For more information about AcceleratXR, please visit: https://xsolla.pro/axr-acquisition

About Xsolla

Xsolla is a global video game commerce company with a robust and powerful set of tools and services designed specifically for the video game industry. Since its founding in 2005, Xsolla has helped thousands of game developers and publishers of all sizes fund, market, launch and monetize their games globally and across multiple platforms. As an innovative leader in game commerce, Xsolla’s mission is to solve the inherent complexities of global distribution, marketing, and monetization to help our partners reach more geographies, generate more revenue, and create relationships with gamers worldwide. Headquartered and incorporated in Los Angeles, California, with offices in Berlin, Seoul, Beijing, Kuala Lumpur, Tokyo, and cities around the world, Xsolla supports major gaming titles like Valve, Twitch, Roblox, Ubisoft, Epic Games, Take-Two, KRAFTON, Nexters, NetEase, Playstudios, Playrix, miHoYo, and more. 

For additional information and to learn more, please visit: xsolla.com

About AcceleratXR

AcceleratXR is a versatile solution for game developers aiming to craft cross-platform games and applications. It covers the broad spectrum of gaming platforms from console, PC, and mobile, to VR environments. By enhancing seamless connections between these diverse gaming interfaces, AcceleratXR significantly reduces development time and cost, enabling game developers to deploy large-scale, cross-platform games more effectively.

For additional information and to learn more, please visit: acceleratxr.com

 

Contact

Derrick StembridgeXsollad.stembridge@xsolla.com

Disclaimer: This is a sponsored press release and is for informational purposes only. It does not reflect the views of Crypto Daily, nor is it intended to be used as legal, tax, investment, or financial advice.

* This article was originally published here

Tradecurve Markets’ (TCRV) Launches Demo Platform, While ApeCoin (APE) and Floki Inu (FLOKI) Suffer Existential Crisis

Amid the current market conditions, projects like ApeCoin (APE) and Floki Inu (FLOKI) have struggled to keep their ground. Therefore, investors are moving towards projects like TradecurveMarkets. It is a new project that is cruising high during its ongoing presale phase.

>>Register For The Tradecurve Markets Presale<<

ApeCoin (APE) Tread Under Severe Bearish Pressure

The ApeCoin community is under severe stress as the value of APE has been falling freely for the past many weeks. Subsequently, the trading value of ApeCoin (APE) has suffered a severe drop of 24% in the past 30 days. Thus, the current market value of ApeCoin has fallen to $1.12.

According to experts, the ill health of the Bored Ape Yacht Club (BAYC) is the primary factor causing the fall of ApeCoin. The data from DappRadar reveals that the floor price of BAYC NFTs has declined by more than 15% in the past month.

Thus, ApeCoin is in the red zone. To tackle this situation, ApeCoin has passed a new proposal. Under this, ApeCoin will encourage the use of digital art and NFTs.

Floki Inu (FLOKI) Loses Developers’ Support

Floki Inu (FLOKI) was already reeling under bearish pressure, and a new report has aggravated its situation. As per the latest data from Santiment, the development activity of Floki Inu has fallen by more than 90% in the past month.

It implies that the developers are finding Floki Inu less attractive and profitable. Besides, investors are also losing interest in Floki Inu. Therefore, Floki Inu’s market value has plummeted by more than 9% in the last thirty days.

Consequently, Floki Inu’s current trading price has fallen to $0.000016. Meanwhile, IntoTheBlock has revealed that more than 90% of Floki Inu holders are trading in the red zone.

Tradecurve Markets Investors Ready To Bag Millions In Profits

According to NBC News, around 21% of US adults own cryptocurrency as of 2022. This number is bound to increase considering the growing demand for digital currencies. Tradecurve Marketshas braced itself with a unique business plan to tap this growth opportunity. It is a novel platform that has harnessed blockchain technology to develop a hybrid exchange. The platform resolves the issues plaguing the existing trading exchanges, such as high fees and limited transparency.

It is a state-of-the-art platform that facilitates the trading of multiple assets, including futures, Forex, cryptocurrencies, stocks, and other commodities. On this platform, users can open trading accounts simply with their email addresses. Additionally, they can select any cryptocurrency to make a deposit. However, the most noteworthy feature of the platform is that KYC procedures are not needed to trade.

Meanwhile, traders using other exchanges like ByBit and Bitget have complained about the lessening of their profits, and unnecessary privacy infringing.

The presale round of TCRV is live. Interestingly, the market price of a token has jumped from $0.01 to $0.025, registering a growth of 150%. In the next stage, the token’s value will become $0.030. Therefore, experts believe that the upcoming stages will bring more attractive returns.

The price of the tokens can surge by 5,000% during the presale round, and 10,000% after the project’s launch on tier-1 crypto exchanges.

For more information about the Tradecurve Markets (TCRV) presale:

Website: https://tradecurvemarkets.com/

Buy presale: https://app.tradecurvemarkets.com/sign-up

Twitter: https://twitter.com/Tradecurveapp

Disclaimer: This is a sponsored press release and is for informational purposes only. It does not reflect the views of Crypto Daily, nor is it intended to be used as legal, tax, investment, or financial advice.

 

 

* This article was originally published here

StealthEX Hits Milestone: 1400 Cryptos Are Now Available for Exchange!

1400+ Crypto Assets for Quick and Easy Exchange

StealthEX is excited to announce that its vast cryptocurrency collection has expanded to include 1400 different assets, all freely available for exchange on the platform. As of now users can seamlessly exchange and buy both the most popular and the most rare types of cryptocurrency using StealthEX’s crypto services.

StealthEX: Expanding Crypto Accessibility

StealthEX, a premier non-custodial instant cryptocurrency exchange, has made its mission to lower the entry barrier and make crypto available to everyone. It is with that goal in mind that the service keeps developing its asset collection. As the platform keeps expanding its offer, new crypto assets become available to its customers, creating an infinite number of exchange pairs, thus making crypto more accessible and easier to buy.By introducing an increased number of options, StealthEX provides its users with the opportunity to be more flexible in their choice of cryptocurrencies. The absence of a preferred cryptocurrency at the exchange often stops users from buying it, and using cross-bridging can’t always provide crypto enthusiasts with the absolute freedom of choice. While there are many various methods to purchase cryptocurrencies today, StealthEX service offers a convenient and straightforward solution for individuals who prefer to be able to exchange one asset for another without the need to turn to a number of providers.

“During the past few months we have been tirelessly working to deliver the largest crypto collection to our users, so that they could have the ultimate freedom of choice and be able to enjoy all the benefits of our platform, - commented Maria Carola, StealthEX’s CEO - We aggregate all the crypto liquidity from multiple desynchronized sources, both CEXes and DEXes, in one place to provide the ultimate user cross-chain experience. Our crypto collection has hit 1400 different assets, and we hope it will be appreciated by our customers.”

No KYC for Buying Crypto on StealthEX

Throughout the years StealthEX has been a platform of choice for many crypto enthusiasts due to its flexibility, safety, and reliability. StealthEX offers crypto to crypto swaps, and customers can also use fiat currency to purchase cryptocurrency. There is a number of fiat currencies accessible, and no KYC for amounts less than 700 Euro. Customer service is available 24 hours a day, 7 days a week, while user privacy and security are the key values as the swaps require no registration or verification and the platform does not store users’ funds. There is also an additional layer of protection between you and the exchange. As none of the customer’s details are provided, the platform has no idea who they are. StealthEX automatically finds the cheapest price for the exchange and begins the transaction.

With more than 1400 assets, fast and reliable service, coupled with an outstanding customer support team, using StealthEX for crypto exchanges is a no-brainer. Thanks to its non-custodial nature, it is one of the most straightforward and practical methods for swapping cryptocurrencies.

Disclaimer: This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice. 

 

* This article was originally published here

Don't MISS Out On $900 Cash Back From Chase (LIMITED TIME OFFER)

* This article was originally published here

$12.3M in a Day: A Story of One Huge Win at Fairspin

Playing casino games is a go-to way of spending your leisure time. Whether you seek an adrenaline boost or simply want to relax, the world of iGaming has a lot to offer. However, an intention to just chill sometimes results in surprisingly big wins.

It’s not the first time Fairspin players have shaken the casino world by landing enormous sums. This year’s current record holder managed to win $12.3 million in a single day! Read on to learn all the details of this juicy winning.

Landing an Epic Win

Fairspin is a leading blockchain casino that offers 7,000+ games from top providers. Rio Gems by Booongo turned out to be the lucky one for our story’s hero. The player had a series of consecutive wins in the game that amounted to a staggering 505.6 BTC:

● 172,000.00 mBTC

● 100,000.00 mBTC

● 83,000.00 mBTC

● 68,000.00 mBTC

● 82,600.00 mBTC

The total amount of money landed was equivalent to $12.3 million at the time of winning. This has been the biggest total win by a single player in 2023 so far.

All the winnings are provably fair and can be checked anytime. This is possible thanks to blockchain technology that makes Fairspin a fully transparent platform, sparing its players the worry about their funds.

Total Transparency Achieved

Any casino’s reputation greatly depends on its ability to provide a fair field for players and make sure their assets are safe with the platform. Fairspin relies on blockchain technology to ensure both.

All the game actions and transactions are recorded on a digital ledger, meaning the data entered is irreversible. This sets the stage for honest competition, as Fairspin users can regularly join multiple tournaments with lucrative prize funds. Any participant’s bet can be viewed via Trueplay Explorer – all they need to do is copy and paste their ID into the search bar.

Moreover, the Fairspin casino is regulated under the laws of Curaçao e-Gaming, one of the oldest and most recognizable jurisdictions in the iGaming industry. The possession of a reputable license is one of the main indicators to look out for when choosing a casino platform.

Fast Unlimited Withdrawals

Another huge benefit of playing with crypto in a blockchain casino is an increased transaction processing speed. It can make your gambling experience way better – deposit and get into action quicker, and once you win, withdraw funds instantly.

The withdrawal conditions may vary depending on the platform. Those are super flexible at Fairspin, as users can immediately withdraw any amount at any given moment. However much you land, this sum can be transferred wherever you want the very day you win it.

Final Thoughts

Besides being an excellent source of entertainment available from the comforts of your home, given some luck, online casino games may bring you unthought-of winnings. Moreover, players can indulge in crypto games that provide benefits unparalleled to usual gambling.

Playing with crypto in a licensed casino significantly levels up your experience. Fast and smooth deposits and withdrawals, fair tournament competition, guaranteed receipt of winnings, and funds safety are just the most apparent advantages of choosing transparent blockchain platforms. Fairspin is exactly such an option – it has earned a reputation as a trustworthy blockchain casino, and its players prove that million-dollar wins are far from rare over there.

Head over to Fairspin and become the next big winner!

Disclaimer: This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice.

* This article was originally published here

Former Deutsche Bank Investment Banker Pleads Guilty to Crypto Fraud

Ex-Deutsche Bank investment banker Rashawn Russell pleaded guilty to crypto fraud this week. 

On Tuesday, former Deutsche Bank investment banker Rashawn Russell pleaded guilty to misappropriating funds from investors after being charged in April.

In a press release, the US Department said Russell pleaded to participating in a scheme to defraud clients of the R3 Crypto Fund – a supposed crypto investment fund operated by Russell. Russell further pleaded guilty to his involvement in an identity-theft scheme “in which he fraudulently obtained credit cards and other access devices in the names of third parties.”

Former Investment Banker and Registered Broker Pleads Guilty to Cryptocurrency Investment Fraud Scheme https://t.co/rbIlwpAEGt (Announced with @TheJusticeDept and @USPISpressroom)

— US Attorney EDNY (@EDNYnews) September 19, 2023

Up to 30 Years in Prison

Russell’s plea before US Magistrate Judge Sanket J. Bulsara could see him sentenced to up to 30 years in prison. In a plea agreement, the former investment banker must pay over $1.5 million in restitution. 

US Attorney for the Eastern District of New York, Breon Peace, said:

“Russell leveraged investor interest in cryptocurrency markets to perpetrate a scheme to defraud clients who trusted him. The swift conviction in this case underscores this Office’s commitment to holding bad actors in the digital asset markets accountable.” 

During the plea hearing, court filings and facts revealed Russell “engaged in a scheme to defraud investors into his R3 Crypto Fund by falsely promising that, among other things, he would use their funds to make cryptocurrency investments that would return large, and sometimes guaranteed, returns.  In truth, much of the investors’ assets were misappropriated by Russell and used for his personal benefit, to gamble, and to repay earlier investors.”

In April, the DOJ said Russell deceived investors regarding the status of their investments and falsified documents he sent to investors. 

According to April’s indictment against Russell, his scheme targeted “numerous individuals, including his friends, former college classmates, and former colleagues at [a] financial institution.” 

Reuters reports Deutsche Bank declined to comment on ongoing legal proceedings but “regularly supports law enforcement and regulatory oversight efforts, including appropriately responding to and cooperating with authorized investigations and proceedings.”

Disclaimer: This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice.

* This article was originally published here

Coinbase Flags 51% Risk On Zcash Amidst ViaBTC Control

Coinbase’s security team has warned that it has observed a single mining pool, ViaBTC, control nearly 54% of the Zcash Network hash rate, a disclosure that has sent alarm bells ringing in the crypto community. 

The Electric Coin Company (ECC), the entity behind Zcash, has responded to Coinbase and its preventive measures, stating it is aware of the issue. 

51% Attack Risk On Zcash 

Coinbase had reported that the network hashrate distribution for Zcash, a proof-of-work cryptocurrency, was severely imbalanced. It stated that over 51% of the hash power distribution on the network is controlled by a single mining pool, ViaBTC. The cryptocurrency exchange stated that it had initiated preventive actions to mitigate any risks associated with a 51% attack. A 51% attack is a scenario where a single entity controls over half the computational power on a blockchain network. The entity can then leverage the hash power and execute double-spending attacks or censor transactions, resulting in the loss of user funds. 

“Recently, we discovered that a single mining pool, ViaBTC, controls more than 51% of Zcash’s network hash power.”

Mitigation Measures 

Coinbase increased Zcash’s confirmation requirements to 110 block confirmations as part of its risk mitigation measures. This led to deposit times increasing from an average of 40 minutes to around 2.5 hours. It also moved its ZCash markets into a limit-only state in order to reduce the impact of any volatility. Coinbase also added that it had engaged in discussions with the Electric Coin Company and shared its concerns regarding the risks of mining centralization. 

“We shared our concerns around the risks of mining centralization and provided recommendations for various options that either party could implement to reduce the risk of a 51% attack.”

ECC Responds 

The ECC, the entity behind Zcash, responded to Coinbase’s preventive actions in a thread on Twitter. The company stated that it was aware of the issues and had begun conversations with Coinbase, ViaBTC, Zcash’s security lead, and Zcash Community Grants. 

“ECC is aware of this issue, and we’ve had conversations with Coinbase, ViaBTC, Zcash’s security lead, and Zcash Community Grants. Zcash is a decentralized, open-source network with no ‘lead developer,’ no ‘issuer,’ and no org that controls it.”

ECC’s statements also revealed that it acknowledged the lack of finality that plagues current Proof-of-Work blockchains, something to which Zcash was not immune. In response, Zcash is advocating for its Trailing Finality Layer (TFL) proposal to provide finality to Zcash. ECC also revealed it was exploring moving Zcash from a Proof-of-Work consensus method to a Proof-of-Stake method, which Ethereum successfully completed in 2022. 

ECC is also exploring the feasibility and performance of the TFL hybrid PoW-PoS approach. This strategy could potentially introduce finality to the Zcash ecosystem and act as a temporary solution until a full transition to Proof-of-Stake can be completed. 

“Moving Zcash to proof of stake is one of four key focus areas for ECC, and Nathan Wilcox is dedicated full-time to PoS R&D. If the community chooses to activate the TFL hybrid-PoW-PoS approach, that would enable finality on the Zcash network sooner than an all-in-one shift to proof of stake. The next step in our PoS R&D is to build a prototype of TFL to see how it performs.”

The Way Forward 

Coinbase stated that it hoped for decentralized Zcash mining. However, it added that it believed its preventive actions and mitigations were adequate enough to protect its users. While ViaBTC’s control on Zcash does increase the risk of a 51% attack, experts have pointed out that a mining pool is different from a single malicious entity. As a mining pool, ViaBTC consists of individual miners who could quickly disperse to other pools. 

Despite this, the developments have reignited the debate around vulnerabilities typically associated with Proof-of-Work blockchains and have major stakeholders talking about moving to Proof-of-Stake systems. Meanwhile, Coinbase has stated it will continue to monitor the situation and adjust risk mitigation measures as needed. 

Disclaimer: This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice

* This article was originally published here

Stake.link Launches Major Upgrades to Boost Staking Experience

Source: Canva

The series of upgrades to its Chainlink staking program targets enhanced user functionality and engagement.

The delegated liquid staking sphere witnesses a significant development as stake.link, a front-runner in the domain, shares a set of comprehensive features and enhancements to its Chainlink staking program. This announcement is timely, aligning with the anticipated launch of Chainlink Staking v0.2 in the fourth quarter.

One feature, the Priority Pool, is structured to facilitate users as Chainlink plans to expand its token capacity from 25 million to 45 million, designed to automate the LINK staking process. By doing so, stake.link aims to offer users a nearly hands-off experience, reducing the complexities often associated with staking, the announcement read.

Simultaneously, stake.link has outlined how it designed its token format. Moving away from the conventional stSDL (staked SDL) receipt tokens, the platform plans to introduce reSDL (reward escrow SDL), encapsulated within an NFT framework. 

This transformation is purpose-driven, intended to stimulate and maintain prolonged user interaction, improving augmenting governance votes and offering enhanced boosts, according to the announcement.

Jonny Huxtable, a founding member of stake.link, further commented on the launch, stating, “This new major iteration of the stake.link platform brings revamped tokenomics and, for the first time, a set-and-forget LINK staking option:”

“Never before has it been so easy for users to participate in Chainlink Staking, creating a dynamic that benefits both the economic security of the Chainlink Network and the long-term stakers of the native stake.link token: SDL.”

Diving deeper into the execution specifics, stake.link has outlined a strategic three-phase rollout for the earmarked 20 million LINK for the Chainlink staking pool in Q4, following the guidelines set by Chainlink’s official roadmap. 

Upon activation of the third phase, the LINK from stake.link's Priority Pool will compete directly with the community pool for allocation. This essentially means that LINK associated with reSDL tokenholders will receive a priority nod over non-reSDL holders:

“Once phase three activates, the LINK from the stake.link priority pool will be staked against the community pool, and there will likely be less than 20M LINK available to be deposited.”

Stake.link also announced the launch of “SergAI,” designed to act as a reservoir of information, addressing questions and clarifying aspects related to Chainlink and stake.link. This includes offering insights into intricate topics like liquid staking thresholds and the nuanced functionality of the Priority Pool.

Disclaimer: This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice.

 

* This article was originally published here