Cryptocurrency News
Global crypto exchange Darkex partners with industry leaders to strengthen its position
Darkex , headquartered in Dubai and established by Turkish entrepreneurs in partnership with United Chain Tech PLC, a leader in blockchain, crypto and forex infrastructure services that empowers global financial freedom in collaboration with international investment funds, strengthens its position in global competition. 250-Person Team Across South Asia, Latin America, and MENA Darkex is a global blockchain infrastructure company offering financial products and services that surpass the liquidity of the largest global crypto exchanges. The co-founders include CEO Murat Tuğberk Sancaklı, COO Eray Gündoğan, and CTO Yılmaz Çağrı İşbuğa. CFO Birol Balık completes the executive team. Darkex COO Eray Gündoğan emphasized that their mission goes beyond just being a crypto exchange: “We are focused on building a secure, user-friendly ecosystem that empowers investors at every stage of their journey. We aim to provide new and experienced investors with the tools, educational resources and support they need while putting security at the core of everything we do. Today, Darkex operates with a 250-person team spread across South Asia, Latin America, the Commonwealth of Independent States (CIS), and MENA, all dedicated to prioritizing user experience. We have more than 100 employees working in our Georgia and Albania offices and are active in our European locations. Soon, we will centralize all teams in Dubai, from where we will manage our global services.” Collaborating with Global Partners for Top Services Highlighting Darkex’s commitment to adhering to security standards, compliance requirements, and regulatory obligations, Eray Gündoğan said: “Darkex has made an ambitious entry into the industry. We are launching at a time when demand for secure, efficient, and user-friendly crypto exchanges is at an all-time high. In this context, we leverage United Chain Tech’s global presence to announce partnerships with international crypto and blockchain giants. For example, we have partnered with Sumsub, the G2 leader for 2023, for identity verification and KYC processes. To enhance our users' trading experience, we’ve integrated MoonPay and Alchemy Pay’s unique payment infrastructures into our system. Moreover, Darkex is committed to offering investment and custody services to institutional investors, as allowed by regulations in the markets where we operate." Taking Steps to Comply with Crypto Laws Darkex COO Eray Gündoğan also explained that the platform will offer access to a full range of blockchain and crypto-focused services, including spot trading, futures, margin trading, staking, crypto lending, and decentralized finance (DeFi) applications. He mentioned: “Darkex adopts global security standards, including biometric security modes, educates users about blockchain and crypto culture through ‘Darkex Academy’, sets a new standard for trading experience, and supports multiple fiat currencies to cater to the global crypto community. As part of our efforts to operate as a crypto asset service provider in Turkey, we are taking the necessary steps to comply. Our goal is to offer a secure, reliable, and feature-rich platform that adapts to the ever-evolving needs of the crypto market. Darkex is ready for the global mass adoption.” Darkex Crypto Exchange Review 2024 Darkex, the latest player in the competition among global crypto exchanges, differentiates itself from its competitors with factors such as top-notch security features, intuitive user experience, deep liquidity, fast transactions, and an educational focus. With spot trading, futures, margin trading, staking, crypto lending and DeFi investment options in an all-in-one platform, Darkex also draws attention with its unique features such as Safe Mode, which locks all functions in case of suspicious activity with biometric data entry. The new generation CEX Darkex is rapidly entering the market with its platform, which will meet the needs of traders of all levels with its deep background and experience in the industry.
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- September 4, 2024Cryptocurrency
Turkey Announces New Crypto Law, Strengthening Its Position as a Safe Haven for Cryptocurrency Investments
Istanbul, Turkey – September 2024 – The Turkish government, through the Capital Markets Board (SPK), has enacted significant new regulations to secure and regulate the rapidly expanding cryptocurrency market. This move is part of Turkey's broader strategy to position itself as a global leader in the cryptocurrency sector by providing a secure and transparent environment for investors. These new regulations are designed to protect investors, enhance market transparency, and bring Turkey's cryptocurrency framework in line with international standards. Bzetmex Crypto Exchange, a prominent player in Turkey’s digital asset market, has fully complied with these regulations, showcasing its commitment to investor safety and market integrity. Key Features of the New Crypto Regulations The SPK has outlined several crucial regulations aimed at strengthening the cryptocurrency market in Turkey. These measures are focused on safeguarding investor assets and ensuring that cryptocurrency exchanges operate with enhanced accountability. Cryptocurrency Custody Service A key regulation requires that the custody of cryptocurrencies be managed by authorized institutions separate from the exchanges. This measure is designed to protect investors’ assets from potential risks associated with exchange operations, such as insolvency or operational failures. Separation of Investor Accounts To further protect investors, exchanges are now required to maintain separate bank accounts for investors' funds, distinct from the company’s operational accounts. This ensures that investors' assets are insulated from any financial risks associated with the exchange itself. Minimum Capital Requirement The introduction of a minimum capital requirement for exchanges is another critical regulation aimed at enhancing the financial stability of these platforms. This requirement ensures that exchanges have the necessary resources to manage operational risks and maintain investor confidence. Impact on the Cryptocurrency Market The implementation of these regulations is expected to create a more secure and stable environment for cryptocurrency transactions in Turkey. By providing a clear legal framework, these measures will reduce the risks of fraud and security breaches that have previously affected the market. For investors, the new regulations offer greater legal clarity and protection, making it easier to make informed investment decisions. As Turkey aligns its regulations with global standards, the country is likely to attract increased foreign investment, solidifying its position as a key hub for cryptocurrency transactions. Bzetmex Crypto Exchange Compliance Bzetmex Crypto Exchange is one of the first platforms to fully comply with the new SPK regulations. This compliance underscores Bzetmex ’s dedication to providing a secure trading environment and further strengthens its reputation as a trusted exchange in the Turkish market. “Turkey’s new cryptocurrency regulations represent a significant step forward for the industry,” said Erdogan Turan, spokesperson for Bzetmex Crypto Exchange. “Our adherence to these standards demonstrates our commitment to investor safety and market integrity. We believe these regulations will contribute to the long-term growth and stability of the cryptocurrency market in Turkey.” Turkey as a Global Leader in Cryptocurrency With the introduction of these regulations, Turkey is well-positioned to become a major player in the global cryptocurrency market. The country’s proactive approach to regulation highlights its commitment to fostering a secure and sustainable environment for digital asset transactions. These developments are likely to attract more international investors seeking a regulated and secure market for cryptocurrency trading, further enhancing Turkey’s standing in the global financial landscape. About Bzetmex Crypto Exchange Bzetmex Crypto Exchange is a leading cryptocurrency trading platform based in Turkey. The exchange is committed to providing a secure and user-friendly environment for trading digital assets, fully compliant with the latest regulations introduced by the Capital Markets Board of Turkey. Bzetmex offers a wide range of trading options and tools, making it a preferred choice for both local and international investors. For more information on Bzetmex Crypto Exchange and Turkey’s new cryptocurrency regulations, please visit Bzetmex Crypto Exchange .
- September 3, 2024Cryptocurrency
CryptoHunter World raises $2.8 million USD from leading venture capital firms to bring innovative into Web 3.0
CryptoHunter World, the world's first hybrid gaming service, has successfully completed a $2.8 million USD private sale round. Supported by leading venture capital firms, including IOST, HG Ventures, Mindfulness Capital, Bigcandle Capital, Web3Wave, and Layer-OTC, this fundraising marks a major step toward bringing the groundbreaking blockchain-based collectible RPG into the Web 3.0 space. A Major Milestone for CryptoHunter World The private sale round attracted the attention of key investors in the blockchain and gaming sectors. These firms are backing CryptoHunter World’s mission to create an engaging and interactive gaming experience that merges the virtual and real world through a GPS-powered system. The new funds will accelerate the development of its revolutionary RPG, which motivates players to stay active while engaging with the game’s rich, collectible universe. A spokesperson from HG Ventures expressed their excitement: "CryptoHunter World is changing the landscape of blockchain gaming by integrating unique mechanics. We’re excited to support their vision of combining physical movement with digital rewards, providing both an immersive and healthier gaming experience for players worldwide." CryptoHunter World offers an unprecedented gaming experience, where players (known as "Hunters") can explore their physical surroundings to encounter, collect, and battle Cryptids, digital creatures that form the core of the game. By integrating GPS-based technology. The game features two modes: Adventure Mode for free users, and Hunter Mode for blockchain-savvy players. Adventure Mode allows users to enjoy the gameplay and collect Cryptids without blockchain rewards, while Hunter Mode leverages NFTs and GPS to reward players with tokens based on their movement, travel distance, and battles with Cryptids. This innovative combination of gaming and real-life activity introduces a fresh way for players to earn rewards while staying active. Pioneering Blockchain-Based RPG Gameplay CryptoHunter World’s unique gameplay revolves around its collectible RPG mechanics, where players go on adventures with Cryptids, encountering countless challenges, forming alliances, and engaging in strategic battles. By tokenizing in-game items and characters, CryptoHunter World gives players full ownership of their assets through blockchain technology. The game’s dynamic economy is built on fair participation, incentivizing players to be more active in the real world while enjoying rewards within the game. By preventing fraud through its GPS-based tracking, CryptoHunter World ensures that its economy remains stable and sustainable for all players. Future of CryptoHunter World CryptoHunter World’s closed beta service is slated for release between September and October, with ongoing updates and news to be shared with the community via its media channels. This beta will provide a glimpse of the groundbreaking combination of GPS, blockchain, and RPG mechanics, while also laying the groundwork for future developments and partnerships. With this recent funding and strong venture capital backing, CryptoHunter World is positioned to be a leader in the Web 3.0 gaming space, merging fitness, gaming, and blockchain technology in an entirely new way. Learn more about CryptoHunter World: Telegram Announce: https://t.me/Cryptohunter_ANNOUNCEMENT Telegram Global: https://t.me/Cryptohunter_OFFFICIAL_COMMUNITY X/Twitter: https://x.com/CryptohunterX2E Whitepaper: https://docs.cryptohunter.world/ Website: https://www.cryptohunter.world/ Investors involved in the round include: IOST, HG Ventures, Mindfulness Capital, Bigcandle Capital, Web3Wave, and Layer-OTC Disclaimer: The information provided in this press release is not a solicitation for investment, nor is it intended as investment advice, financial advice, or trading advice. It is strongly recommended you practice due diligence, including consultation with a professional financial advisor, before investing in or trading cryptocurrency and securities. Contacts: Watt Lee - Web3Wave - web3wave1@web3wave.io Lawrence Lee - LayerOTC - Invest@layer-otc.com Yannan Wang - Bigcandle Capital - terry.yannan@bigcandle.capital Mindfulness Capital - Thomas ao - Kasengao@mindfulnesscap.com Euisuk Jeong - Iost - blake@iost.io
- August 31, 2024Cryptocurrency
Pawfury Raises $5.6 Million in Record-Breaking Presale
In an unprecedented show of investor confidence, Pawfury, the revolutionary cryptocurrency project, has successfully raised $5.6 million during its highly anticipated presale event. A New Era for Cryptocurrency: Pawfury’s Unstoppable Ascent Pawfury has captured the attention of the global crypto community with its unique blend of New Game, NFTs, and deflationary tokenomics. Unlike other meme coins that have come and gone, Pawfury is here to redefine the future of digital assets. This innovative project has rapidly evolved from a fledgling idea into a robust platform with a passionate, growing community. The Catalyst Behind Pawfury’s Future Several factors contribute to the optimism surrounding Pawfury's future. First and foremost is its cutting-edge deflationary model, where a portion of every transaction is permanently burned, reducing the total supply over time and driving up the value of each remaining token. This economic principle is already attracting a surge of interest from investors seeking assets with built-in value appreciation. Secondly, Pawfury’s integration of New Game allows users to play their favorite games, tapping into a booming industry. Additionally, the Pawfury NFT marketplace offers a seamless experience for users to buy, sell, and trade digital assets, all within a single ecosystem that fosters both entertainment and investment opportunities. Community-Driven Success: The Heartbeat of Pawfury Pawfury’s rapid success can be largely attributed to its vibrant and engaged community. Unlike many crypto projects that rely solely on hype, Pawfury's community is deeply involved in the project’s development and direction. This collective energy ensures that Pawfury remains dynamic, resilient, and poised for continuous growth. Industry Recognition and Future Outlook Pawfury’s potential has not gone unnoticed. The token has been officially listed on CoinMarketCap, further validating its credibility and impact in the market. As the broader cryptocurrency market shows signs of a renewed bull run, Pawfury is uniquely positioned to capitalize on this momentum. Why Investors Should Pay Attention Now With the presale exceeding expectations and market analysts forecasting a significant price surge in September, Pawfury is shaping up to be one of the most exciting opportunities in the crypto space. Investors looking for a project with real-world utility, innovative technology, and a strong community foundation should consider adding Pawfury to their portfolios. About Pawfury Pawfury is more than just another token; it’s a groundbreaking project at the intersection of New Game, NFTs, and deflationary tokenomics. With a dedicated community and a clear vision for the future, Pawfury is poised to become a major player in the cryptocurrency world. For more information, visit https://www.pawfury.com/ https://x.com/Paw_Fury Disclaimer: The information provided in this press release is not a solicitation for investment, nor is it intended as investment advice, financial advice, or trading advice. It is strongly recommended you practice due diligence, including consultation with a professional financial advisor, before investing in or trading cryptocurrency and securities.
- August 30, 2024Cryptocurrency
Growing the Buz Economy: Announcing the Social Intelligence Paranet Launch
By LunarCrush and OriginTrail In the rapidly evolving world of tech and finance, the demand for innovation and adaptability is higher than ever, driven by a quest for transparency for internet users. LunarCrush has been at the forefront of Social Intelligence, converting human-driven insights into actionable information for both retail and institutional stakeholders. Originally focusing on the crypto industry, LunarCrush's Social Intelligence now extends across diverse sectors such as technology, politics, travel, music, and more. Recognizing the convergence of crypto, the Internet, and Artificial Intelligence (AI), LunarCrush is making a significant leap forward in their transparency efforts through social intelligence. By launching the Social Intelligence Paranet on the OriginTrail Decentralized Knowledge Graph (DKG) , LunarCrush aims to enhance content collection through incentivized crowdsourcing and enable the creation of AI-powered services on this trusted knowledge base. The Decentralized Knowledge Graph and the Social Intelligence Paranet The Social Intelligence Paranet will operate on the OriginTrail DKG, a permissionless peer-to-peer network that ensures all social content published to the Paranet is discoverable, verifiable, and attributed to its owners. This setup allows AI services leveraging this knowledge base to avoid challenges like hallucinations, managed bias, and intellectual property violations. For an in-depth understanding of the technical design of paranets, DKG, and decentralized Retrieval-Augmented Generation (dRAG), we recommend reviewing the OriginTrail Whitepaper . The Social Intelligence Paranet Initiative Aligned with LunarCrush’s growth trajectory, the Social Intelligence Paranet will initially target the crypto sector, attracting high-quality content creators and community members from various crypto projects. LunarCrush will also mine knowledge tied to their social insights, such as Alt Rank, Top Creators, and Sentiment analysis. Beyond knowledge mining, the Social Intelligence Paranet will feature the first AI-powered tool to interact with top knowledge assets on the Paranet, supported by LunarCrush. This AI-powered tool will be accessible to users paying with BUZ tokens. All BUZ tokens spent by users will be recycled as additional rewards for knowledge mining. In the upcoming weeks, a comprehensive proposal for the Social Intelligence Paranet will be submitted to the NeuroWeb community for approval. The proposal will include: - Knowledge Assets created from LunarCrush APIs - An incentives model for knowledge miners targeting the first category of knowledge - A demo of the LunarCrush AI tool Advancing the Wisdom of the Crowds The traditional wisdom of the crowds concept eliminates idiosyncratic noise associated with individual judgment by averaging a large number of responses. Social Intelligence takes this concept further by unlocking actionable information through high-quality, curated knowledge enhanced with specific domain expertise. The rise of AI introduces the potential for another leap forward in extracting wisdom from a vast body of knowledge. Incentivized crowdsourcing to collect superior social content provides an ideal foundation for AI services to uncover wisdom that is not immediately apparent. While a conversational tool is the initial step, subsequent developments will include AI agents performing comprehensive tasks such as market analysis and prediction market suggestions. As the Social Intelligence Paranet expands beyond the crypto field, it promises to support enhanced decision-making powered by the wisdom of the crowds across various topics.
- August 29, 2024Cryptocurrency
Vorpen AI Enhances User Fund Security with Advanced Merkle Tree Technology and Digital Asset Custody
Vorpen AI, a pioneering leader in the cryptocurrency arbitrage space, is proud to announce its latest efforts in ensuring the utmost security and transparency of user funds through the implementation of Merkle tree technology. In addition, Vorpen AI has engaged in discussions with leading third-party custodians to further solidify its commitment to safeguarding assets. Merkle Tree: Ensuring Integrity and Transparency At the heart of Vorpen AI's security measures is the use of Merkle tree technology. For those unfamiliar, a Merkle tree can be likened to a sophisticated filing system for digital data. Imagine having a pile of papers where each paper has a unique digital signature, similar to a fingerprint. These papers are grouped in pairs, and their signatures are combined to form a new signature. This process continues until there is one final signature at the top, known as the Merkle root, representing the entire pile of papers. This structure ensures that even the slightest alteration in any document will be detectable. Vorpen AI utilizes an off-chain Merkle tree, which allows for efficient, scalable, and private verification of user funds. Each day, a new hash is generated, showing users exactly where their funds are deployed, providing unparalleled transparency and assurance that their money is being used as intended. A Commitment to Security: Digital Asset Custody In addition to the Merkle tree technology, Vorpen AI places a high priority on the security of user funds by collaborating with reputable third-party custodians. These custodians play a crucial role in managing and securing assets, offering an extra layer of protection beyond Vorpen AI's internal systems, which include advanced security measures like cold storage and multi-signature wallets. “Our top priority is the security of our clients' assets,” said Tony James, CEO of Vorpen AI. “Industry leaders in digital custody services, such as Hex Trust and BitGo, complement our commitment in protecting client funds with state-of-the-art technology. This approach underscores our dedication to safeguarding investments and fostering trust in the ever-evolving crypto landscape.” Building Trust in a New Era of Digital Finance In the wake of recent events in the cryptocurrency world, such as the collapse of major exchanges like FTX, Vorpen AI recognizes the importance of trust and transparency. By integrating Merkle tree technology and engaging with top-tier custodians, Vorpen AI is setting a new standard for security in the crypto arbitrage industry. Users can have peace of mind knowing that their funds are safe, transparent, and handled with the highest level of integrity. Vorpen AI remains dedicated to leading the charge in innovative security solutions, ensuring that every user can trade confidently in the ever-evolving digital landscape. About VorpenAI VorpenAI is a pioneering crypto arbitrage company dedicated to leveraging AI and advanced technologies to maximize trading opportunities and returns for its users. With a commitment to innovation, security, and user satisfaction, VorpenAI continues to lead the way in the ever-evolving cryptocurrency market. For more information, visit www.vorpen.ai
- August 27, 2024Cryptocurrency
Alloca.io Unveils the First Crypto AI-Consigliere, Pioneering Change in the Allocation Market
Alloca , the leading platform in the world of crypto allocations, recently presented their new feature: the AI-Consigliere. This advanced tool is poised to revolutionize how investors navigate the complexities of crypto allocations, offering personalized guidance and real-time insights. The introduction of the AI-Consigliere marks a significant milestone for Alloca.io as it continues its rapid global expansion, particularly into European and Latin American markets. A Game-Changer in Crypto Allocations Alloca.io is a top crypto allocation platform and one of the largest blockchain communities in the CIS. Launched in 2023, Alloca quickly gained traction and, by 2024, had over 3,000 active monthly users. The platform is pioneering innovation, having been the first to introduce a fully decentralized smart contract token distribution system, which has significantly enhanced security. The platform’s latest feature, AI-Consigliere, is more than just an AI tool; it is a strategic partner designed to meet the diverse needs of both novice and seasoned investors. By leveraging machine learning algorithms, Alloca’s AI-Consigliere provides real-time analysis and recommendations, helping users identify emerging trends, assess project viability, and optimize portfolio performance. In an increasingly volatile market, this AI-driven advisor empowers investors to make informed decisions with confidence. What Sets Alloca Apart Alloca.io distinguishes itself in the crypto allocation market through its unwavering commitment to transparency, innovation, and user empowerment. The platform offers several key features that set it apart from the competition: Smart Contract-Based Profit Distribution : Alloca is pioneering the first system of profit distribution fully governed by smart contracts, ensuring fairness and security for all investors. Comprehensive Project Reviews : A dedicated team of analysts and experts provides in-depth reviews of fintech projects, enabling users to evaluate and select the best investment opportunities. Global Accessibility : Alloca is committed to making crypto investment accessible to investors of all capital sizes, with a strong emphasis on risk management and capital protection. Active Community : Alloca is not just an allocation platform; it’s an international expert community of fintech specialists, project owners, analysts, traders, and investors. As part of its dedication to transparency, Alloca regularly releases case studies on past crypto allocations. These studies showcase both successful and unsuccessful ventures, accompanied by analytical reports that provide detailed recaps. Global Expansion and Vision for the Future Building on its success in the CIS region, Alloca is rapidly expanding into new markets, with a particular focus on Europe and Latin America. This global expansion is part of Alloca's broader strategy to establish itself as the premier platform for crypto investors worldwide. Looking ahead, Alloca plans to host a series of international events to engage with its growing community, introduce new features, and further cement its position as a leader in the crypto allocation space. For more information, please visit www.alloca.io . Social media: https://x.com/allocaworld
- August 24, 2024Cryptocurrency
Helium HNT Investment Using eToro's Smart Portfolios: August 2024 Guide Released
The newly published guide highlights eToro's accessibility for crypto traders and investors of all skill levels. It explores why the platform's copy trading feature offers a smart first step for those interested in Helium's emerging HNT token. More details can be found at https://heliumbluemoon.com/etoro/ Readers are also introduced to eToro's Smart Portfolios, ProCharts, and its smartphone app which makes it easy to trade and manage holdings on the move. The platform provides an ideal launchpad with smart tools and community-driven insights for HNT miners and traders. Helium is a blockchain-based platform that offers a new way of building wireless networks via hotspots set up by users. These hotspots provide coverage for IoT devices. Users are paid in HNT (Helium Network Tokens) for participation and rewarded for coverage quality and data transfer with 6% of mining returns and data credits for network services. According to the Helium Blue Moon website, HNT's market value is currently over $892 million with token value reaching a record high of $55.22. Experts suggest that HNT offers a promising investment opportunity in the IoT crypto market. The guide states, “Combining blockchain with IoT in Helium marks a big change towards decentralized infrastructure. It helps industries and individuals tap into the full potential of IoT connectivity.” For fledgling crypto traders who wish to capitalize on HNT's healthy growth potential, eToro's Copy Trading feature lets users follow successful traders to access their strategies, view their past performance levels, and assess their approach to risk. Platform users can follow several of these Popular Investors, mixing and matching their approaches to find a setup that works for them and their goals. The Helium Moon site explains how other eToro features such as Smart Portfolios provide a more hands-off option for traders and investors. The eToro team manages these accounts, taking a thematic investing approach by tapping into new markets and responding to trends such as the rise of Helium HNT and the growth potential of IoT crypto investments. Furthermore, eToro users can access market insights and predictions for Helium HNT and other currencies. There are also research and analysis tools, customizable watchlists, and real-time alert features for price changes and other key events. A spokesperson says, “eToro has changed the game in online investing. It makes financial markets easier to access for everyone, no matter their experience. With tools like CopyTrader and Smart Portfolios, eToro helps traders improve their strategies and manage their money better.” For more information, go to https://heliumbluemoon.com/etoro/ Disclaimer: The information provided on this page does not constitute investment advice, financial advice, trading advice, or any other sort of advice and it should not be treated as such. This content is the opinion of a third party and this site does not recommend that any specific cryptocurrency should be bought, sold, or held, or that any crypto investment should be made. The Crypto market is high risk, with high-risk and unproven projects. Readers should do their own research and consult a professional financial advisor before making any investment decisions.
- August 22, 2024Cryptocurrency
MetaBeat Signs $2 Million Funding MOU with Burrito Wallet and Liquid Chang
MetaBeat , a pioneering force in the Web3 music industry, today announced that it has secured a Memorandum of Understanding (MOU) for $2 million in funding with Burrito Wallet (Bithumb Wallet) and Liquid Chang. This strategic move is aimed at bolstering MetaBeat's innovative Fan-to-Earn model that combines Non-Fungible Tokens (NFTs) and social finance (socialfi) features, providing a unique platform for Kpop fans to interact with their favorite artists. MetaBeat's platform enables fans to engage directly with artists through digital collectibles and community-driven initiatives, enhancing the fan experience within the booming Kpop sector. As Kpop continues to capture hearts worldwide, MetaBeat offers an engaging way for fans to gain more from their passion for music. The collaboration with Burrito Wallet and Liquid Chang will provide MetaBeat with the necessary funds to expand its operations and enhance its services. Burrito Wallet, renowned for its secure and user-friendly digital asset management, will facilitate a safe environment for users to manage their NFTs and other digital assets. Meanwhile, Liquid Chang will offer the necessary market liquidity to ensure that MetaBeat's NFTs are easily accessible to a global audience. Key Details of the MOU Include: - Funding: The $2 million funding through the MOU will enable MetaBeat to scale its technological developments and expand its reach within the global music and NFT markets. - Burrito Wallet Collaboration: Will provide MetaBeat users with enhanced security and easier access to their digital wallets, ensuring a seamless experience when managing and trading digital assets. - Liquid Chang Partnership: Aims to increase the liquidity of MetaBeat’s NFT offerings, simplifying the process for fans to acquire, trade, and invest in NFTs. "We are excited to collaborate with Burrito Wallet and Liquid Chang as we continue to develop a leading platform in the music industry," said the CEO of MetaBeat. "This partnership and the funding will help propel our mission forward, allowing us to offer even more engaging and innovative opportunities for fans around the world." The partnerships with Burrito Wallet and Liquid Chang are expected to significantly enhance MetaBeat's platform capabilities, driving further innovation and adoption in the intersection of music, blockchain, and fan engagement. MetaBeat's Website: https://metabeat.io/ MetaBeat's X: https://x.com/MetaBeatOffl Burrito Wallet's Website: https://www.burritowallet.com/company Burrito Wallet's X: https://twitter.com/BurritoWallet Disclaimer: The information provided in this press release is not a solicitation for investment, nor is it intended as investment advice, financial advice, or trading advice. It is strongly recommended you practice due diligence, including consultation with a professional financial advisor, before investing in or trading cryptocurrency and securities.
- August 21, 2024Cryptocurrency
DEXTools and Mellow Man Announce Strategic Partnership to Drive Greater Value in the DeFi Space
DEXTools, a leading trading platform and advanced analysis tool for decentralized markets, is thrilled to announce its strategic partnership with Mellow Man, a community-led cryptocurrency project. This collaboration marks a significant milestone in the DeFi space, combining the strengths of two innovative platforms to deliver enhanced value for crypto enthusiasts worldwide. DEXTools, launched as a public beta in June 2020, has rapidly evolved into one of the premier applications for tracking DeFi portfolios and cryptocurrency prices. With a user base of approximately 20 million monthly users and a vast, active community, DEXTools offers a comprehensive suite of features designed to provide real-time insights into decentralized markets. The platform currently supports over 90 blockchains, more than 3.6 million pools, and over 3.5 million tokens, making it an essential tool for investors looking to stay ahead in the fast-paced world of decentralized finance. Mellow Man, inspired by one of Matt Furie's most beloved and unique characters, is a community-driven cryptocurrency project that has already made substantial investments in technology and marketing tools to ensure long-term value and growth. Unlike many other projects in the space, Mellow Man is committed to building a robust value proposition that extends beyond brand recognition, aiming to foster greater adoption and awareness in the crypto community. The partnership between DEXTools and Mellow Man is rooted in a shared vision of delivering greater value to the DeFi sector. By leveraging the unique technologies and capabilities of DEXTools, Mellow Man aims to enhance its growth trajectory while providing its supporters with innovative tools and insights. This collaboration will not only benefit the users of both platforms but also contribute to the broader DeFi ecosystem by promoting greater utility, accessibility, and visibility within decentralized markets. "We are incredibly excited about this partnership with DexTools," said Phil, Project lead at Mellow Man. "Our shared commitment to innovation and user empowerment makes this collaboration a natural fit. Together, we are poised to unlock new opportunities and drive greater value for our communities and the wider DeFi space." DexTools is proud to announce a strategic partnership with Mellow Man, bringing two of their standout products exclusively to the DexTools platform: the Mellow Man Market Maker and the Mellow Reward Raid bot. https://x.com/DEXToolsApp/status/1825883854437007645 The Mellow Man Market Maker, designed specifically for decentralized exchanges (DEXs), is best in class by orders of magnitude, setting a new standard in the industry. Additionally, the Mellow Reward Raid bot is unlike any other raid bot currently available, offering advanced features such as direct connectivity to Twitter and sophisticated aggregation capabilities. These allow projects to measure social impact accurately and reward participants accordingly. "We are excited to partner with the Mellow Man community team to bring exceptional value to our users and the builder community through Mellow Man's innovative bot tooling within our ecosystem," said Frederic Fernandez, CMO of DexTools. "This collaboration represents our commitment to provide our users with useful resource, empowering them to navigate the DeFi space with greater efficiency and success." These innovative products will be uniquely available through DexTools, providing a significant advantage for all projects that secure their use. This partnership underscores DexTools' commitment to delivering powerful, user-centric tools that enhance the decentralized finance ecosystem. Both teams are enthusiastic about the future prospects this partnership will unlock, and they are committed to working closely together to bring even more innovative solutions to their users. As the DeFi sector continues to grow and evolve, DEXTools and Mellow Man are at the forefront, driving the next wave of advancements and ensuring their communities remain well-equipped to navigate the ever-changing landscape. For more information about DEXTools, please visit www.dextools.io . Or https://www.dextools.io/app/en/ether/pair-explorer/0x9cf1190d71f7c5fcaf2033ffa4b017b1b0591efd?t=1723560652429 To learn more about Mellow Man, visit https://www.furiesmellow0x69.com About DEXTools DEXTools is a leading platform for trading and analyzing decentralized markets, offering real-time insights, tracking, and a wide range of features to help investors manage their DeFi portfolios. With support for over 90 blockchains and millions of tokens, DEXTools has become an essential tool for the global DeFi community. About Mellow Man Mellow Man is a community-driven cryptocurrency project based on one of Matt Furie's most iconic characters. The project focuses on building long-term value through technology and marketing initiatives, aiming to drive greater adoption and awareness within the crypto space. Disclaimer: The information provided in this press release is not a solicitation for investment, nor is it intended as investment advice, financial advice, or trading advice. It is strongly recommended you practice due diligence, including consultation with a professional financial advisor, before investing in or trading cryptocurrency and securities.
- August 20, 2024Cryptocurrency
Taxpage Releases Comprehensive Guide to Understanding Canada's New Crypto-Asset Reporting Framework (CARF)
Taxpage, a leading Canadian tax advisory law firm, is proud to announce the release of its latest in-depth tax guide, " Your Guide to Understanding the New Crypto-Asset Reporting Framework (CARF) and Tax in Canada . " This comprehensive resource is designed to help individuals and businesses navigate the complexities of the CARF, a groundbreaking regulatory framework introduced as part of Canada's 2024 Budget. The Canadian government has taken a decisive step to enhance transparency and reduce tax evasion in the rapidly growing cryptocurrency market with the introduction of the CARF. Starting in 2027, crypto-asset service providers operating in Canada will be required to report detailed information on crypto transactions taking place during the 2026 tax year (and every year moving forward), along with their clients’ personal data to the Canada Revenue Agency (CRA). This new framework is part of a global initiative led by the Organization for Economic Cooperation and Development (OECD) to regulate the taxation of crypto assets more effectively. Key Features of the Guide: Comprehensive Overview: The guide provides an in-depth explanation of the CARF, including its objectives, requirements, and timeline for implementation. Implications for Crypto Traders: It highlights the importance of accurate transaction reporting for crypto traders and the potential penalties for non-compliance. Guidance for Service Providers: The guide outlines the steps that crypto-asset service providers need to take to comply with the new regulations, including the collection and reporting of customer information. Global Context: It places the CARF within the broader context of international efforts to regulate the cryptocurrency market and combat tax evasion. David Rotfleisch , Founder and Senior Partner at Taxpage , commented, "With the introduction of the CARF, the Canadian government is making a clear statement about its commitment to ensuring transparency and compliance in the cryptocurrency market. Our new guide is an essential resource for anyone involved in crypto trading or services, providing clear and actionable insights to help navigate this complex regulatory landscape." Taxpage's guide is an invaluable tool for understanding and complying with the new CARF requirements. By breaking down the framework into easy-to-understand sections, the guide ensures that both seasoned professionals and newcomers to the crypto market can stay informed and compliant.
- August 19, 2024Cryptocurrency
Solana Payouts Comprehensive Review Released: Insights on Blockchain Investment
Black Book Crypto, an esteemed source for in-depth reviews and critical insights into the burgeoning crypto market, has just released an extensive analysis of Solana Payouts, a new and promising high-yield investment platform on the Solana blockchain. This review offers a detailed overview of the platform’s strategies, performance, and the potential it holds for both novice and seasoned investors in the cryptocurrency landscape. The full review is available at https://blackbookcrypto.com/solana-payouts-review/ , providing an in-depth look at the features, functionalities, and user experiences associated with Solana Payouts. Solana Payouts has quickly gained attention for its promise of up to 30% monthly returns on investment through advanced trading strategies that leverage the unique capabilities of the Solana blockchain. Recognized for its rapid processing speeds and low transaction costs, Solana provides an ideal environment for executing high-frequency trading and other sophisticated investment tactics. The comprehensive review by Black Book Crypto explores various facets of Solana Payouts, starting with its innovative use of grid bot trading. This technique is designed to capitalize on market volatility by placing buy and sell orders at predetermined intervals within a set price range, allowing for consistent profit generation from small price fluctuations. The review explains how Solana Payouts integrates advanced AI to optimize this process, enhancing the profitability and efficiency of trades. Leveraged trading is another key strategy employed by Solana Payouts, which allows for significant amplification of trading positions. While acknowledging the risks associated with leveraged trading, the review provides an analysis of how Solana Payouts manages these risks through stringent risk management protocols and real-time market analysis, thereby safeguarding investor capital and maximizing potential returns. Investor security and platform transparency are also central themes of the review. Black Book Crypto highlights the rigorous security measures and operational transparency that Solana Payouts adheres to. Regular third-party audits and comprehensive performance reports ensure that investors have a clear and ongoing understanding of their investments and the operational integrity of the platform. Moreover, the review discusses the potential long-term benefits and risks associated with investing in Solana Payouts. It addresses the platform’s non-refundable investment policy and the conditions under which profits are realized and distributed, providing prospective investors with a clear picture of what to expect. Black Book Crypto's review of Solana Payouts also serves as an invaluable resource for understanding the underlying technology of the Solana blockchain. It delves into Solana’s Proof of History consensus mechanism, which enhances the efficiency and scalability of blockchain operations, making it particularly suitable for applications like Solana Payouts that require high transaction throughput and speed. This detailed analysis is designed to equip potential investors with the necessary information to make informed decisions about engaging with Solana Payouts and similar blockchain-based investment opportunities. It underscores the importance of understanding both the innovative aspects and the inherent risks of such high-yield investment platforms. For those interested in exploring this investment opportunity further, sign-up details can be found at https://solanapayouts.com/?a=BXtdWaFvmLEQGQXC . Black Book Crypto remains committed to providing timely, accurate, and actionable information on the latest developments in the cryptocurrency market, helping investors navigate the complex and rapidly evolving digital currency landscape.
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