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cryptoolivia · 1 month ago
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What Exactly is Cryptocurrency? A Comprehensive Guide to Get You Started!
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The term cryptocurrency has been gaining increasing attention over the past few years, capturing the interest of both investors and the general public. But what exactly is this emerging digital asset? How does it work, and what does it mean for someone new to the world of crypto? In this guide, we’ll walk you through the basics, from the core concepts to real-world applications, offering a complete insight into the rapidly evolving world of cryptocurrency.
What is Cryptocurrency?
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Cryptocurrency is a digital asset built on blockchain technology. Unlike traditional currencies, it is not issued by central banks but is created and managed through decentralized technology. The key characteristics of blockchain are its openness, transparency, and immutability, which allow for secure transactions without the need for intermediaries like banks or other financial institutions.
Bitcoin (BTC), created in 2009, is the first and most well-known cryptocurrency. Its creator, Satoshi Nakamoto, aimed to leverage blockchain technology to build a new financial system that operates independently of traditional banking institutions. Since then, countless other cryptocurrencies have emerged, including Ethereum (ETH), Ripple (XRP), and many more.
Different cryptocurrencies have different design goals. Some are used for payments, others for executing smart contracts, while others are primarily investment or store-of-value tools. In essence, cryptocurrencies emerged to address issues in the traditional financial system, such as high transaction fees, long settlement times, and lack of transparency.
Cryptocurrency and Blockchain: The Relationship
To understand cryptocurrency, it’s essential to grasp the underlying technology — blockchain. Simply put, blockchain is a distributed ledger where all participants can view transaction records, but no one can arbitrarily alter them. Each time a transaction is completed, it’s added to a "block," and these blocks are linked in chronological order to form a chain — hence the name "blockchain." This setup ensures that every step of the transaction is traceable and nearly impossible to manipulate.
Another critical feature of blockchain is decentralization, meaning that no single entity controls the system, which, in theory, enhances its security and transparency. The reason cryptocurrencies are so popular is largely due to the independence that blockchain technology provides from traditional financial systems.
Beyond Payments: Cryptocurrency’s Other Use Cases
Although cryptocurrencies were initially designed as digital payment systems, their applications have grown exponentially over time. Here are a few common use cases:
Payment Systems: Cryptocurrencies like Bitcoin are widely used as global payment tools, especially in regions where traditional payment systems are inaccessible, such as countries with unstable political or economic conditions.
Smart Contracts and Decentralized Applications (DApps): Ethereum, beyond being a cryptocurrency, is also a platform for developing smart contracts — self-executing contracts that automatically enforce terms without human intervention. These contracts have broad applications across industries like law, finance, and logistics.
Decentralized Finance (DeFi): DeFi is one of the hottest trends in the crypto world. It aims to create a decentralized financial system where users can lend, borrow, trade, and earn interest on crypto assets without intermediaries like banks. DeFi is seen as more transparent and efficient compared to traditional banking systems.
NFTs and Digital Art: NFTs (Non-Fungible Tokens) are unique digital assets stored on the blockchain. Each NFT has a unique identifier, making it impossible to copy or divide, which has led to their popularity in digital art and collectibles markets.
How to Buy Cryptocurrency?
For beginners, the most common way to buy cryptocurrency is through a crypto exchange. These platforms provide a convenient interface for users to convert fiat money (like USD, EUR, or TWD) into cryptocurrency. Popular exchanges include Binance, Bitget,OKX,Gate·io, Kraken and Bybit. These platforms typically support various payment methods, including bank transfers, credit cards, and third-party payment systems.
Here’s a basic guide to purchasing cryptocurrency:
Create an Account: Choose an exchange and create an account. Most exchanges require identity verification to comply with KYC (Know Your Customer) regulations.
Deposit Funds: Once registered, you can deposit funds via bank transfer or another payment method.
Choose a Cryptocurrency and Place an Order: After depositing, you can select the cryptocurrency you want to purchase, set the quantity, and place an order. Most exchanges offer market orders (buying at the current price) or limit orders (setting a target price).
Transfer to a Wallet: Once your purchase is complete, it’s recommended to transfer your cryptocurrency to a private wallet for safekeeping. Wallets can be online, hardware, or paper-based.
Security Concerns Around Cryptocurrency
While blockchain technology itself is highly secure, cryptocurrency transactions still come with significant risks. Some of the most common include:
Market Volatility: The price of cryptocurrencies can fluctuate wildly in short periods, offering high returns but also posing substantial risks, especially for newcomers.
Scams and Hacking: Fraudulent schemes, like "rug pulls" (where project creators disappear with investors’ money), are common. Exchanges are also frequent targets for hackers, making it crucial to choose a reputable platform and store assets in a secure personal wallet.
Regulatory Risk: Cryptocurrency regulations vary widely across different countries. Some nations ban crypto trading, like China, while others, like the U.S., Singapore, and Hong Kong, are more open. Investors need to be aware of local regulations, especially regarding tax reporting and asset management.
The Future of Cryptocurrency: Opportunities and Challenges
While cryptocurrency has seen significant growth, it still faces several challenges, including market volatility, regulatory uncertainty, and the need for improved user experiences. Stablecoins, like USDT and USDC, have emerged to address price volatility, offering a more stable investment option. However, as governments increasingly seek to regulate the sector, the industry’s transparency and legitimacy are likely to improve over time.
On the technological front, high-energy consumption is a critical issue for some cryptocurrencies, especially Bitcoin. However, projects like Ethereum's switch to a Proof-of-Stake (PoS) model, which is more energy-efficient than traditional Proof-of-Work (PoW), signal an environmentally friendly future for blockchain. With continuous advancements in technology and growing mainstream adoption, cryptocurrency is poised to become a significant part of our daily lives.
Conclusion
Cryptocurrency represents a transformative financial tool, offering new possibilities through decentralization, transparency, and efficiency. From Bitcoin to Ethereum, and from DeFi to NFTs, the scope of cryptocurrency’s application continues to expand, offering unprecedented opportunities for investors, developers, and everyday users.
Despite its potential, investing in cryptocurrency carries risks, particularly in terms of volatility, security, and regulatory uncertainty. However, for those willing to invest time in understanding the landscape and remaining patient as the technology matures, cryptocurrency presents an exciting frontier to explore.
Whether you’re a beginner or a seasoned crypto enthusiast, understanding the fundamental concepts and future prospects of this rapidly evolving field is key to thriving in the industry. As technology continues to develop and mainstream applications grow, cryptocurrency could become an integral part of our financial system, reshaping our understanding of money, transactions, and assets.
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madrasbook124 · 1 day ago
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https://madrasbook.com/golden-exch
GoldenExch is a trusted platform for online cricket betting in India, offering a user-friendly interface and a wide range of betting options, including coverage for major cricket leagues like IPL, ODIs, and Test matches. It provides secure transactions, various payment methods like Google Pay and cryptocurrency, and a dedicated loyalty program. Users can quickly obtain a betting ID via WhatsApp and access a demo account for practice. With round-the-clock customer support and mobile compatibility, Golden Exch is a reliable choice for enthusiasts seeking an engaging betting experience.
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99exchhm · 21 days ago
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Fastest And Easy Steps To Get Your 99 Exch ID For Betting
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Safe and Secure Transaction in Just a Few Clicks through 99 Exch
When you enter the domain of wagering on diverse teams, you always think about making profits. It depends on your skills, the right time to stake, and varied other factors. The most crucial thing is safe and secure transactions from depositing money instantly without any long, complicated process to withdraw the winning amount. Paying attention to safe and secure transactions at a selected 99 Exch platform is a crucial point to consider. If you are looking for one such dynamic way that can help you in getting exactly what you are looking for, here is a convenient way to keep you worry-free. 99 Exchange ID at 99 Exch will give you the assurance of a fully safe transaction that you can do in just a few clicks by choosing any convenient payment mode. From the safe and secure depositing through PayTM, PhonePe, GPay, online banking, Credit Card/Debit Card to sometimes cryptocurrency and skirl, varied options for secure betting are available to keep you engaged and ensure you are on the right track of success.
The same procedure is applied to withdraw the winning amount. You will get a fully secure way to withdraw the winning amount. The procedure to get your winning amount into your account starts by clicking on the Withdraw button. Provide 99 Exchange ID the account details or UPI ID, submit the amount to withdraw, and click on submit button. The entire procedure of withdrawal will take no more time. It is a hassle-free process that will keep you worry-free. Providing you with a fully safe and secure transaction is the main motive of experts who are managing 99 Exch ID.
Check Transaction History and Keep an Eye on 99 Exchange ID History
99 Exch login will play a key role in allowing you to enter this domain to gain amazing benefits like checking transaction history and keeping an eye on 99 Exch ID history. You will get amazing benefits of such services so that you can track everything related to the wagering account. It will be an ideal way to keep control over your emotions and excitement for the 99 Exchange ID. 
Responsible Gaming and Support from Experts of 99 Exchange ID
Another crucial point to consider is responsible 99 Exch. For this, you need support from experts who have a proven track record and expertise enough to solve your queries and provide you with a seamless way to bet wisely. Your satisfaction is crucial for them and they leave no stone unturned in ensuring you are moving on the right track of success. Check all details and start the betting journey safely to win a big amount of money and make it a secure way to enjoy your time with 99 Exch ID.
Register for the 99 Exch ID in Easy Steps at 99 Exch.
Following a few steps will ease the procedure of registering for the 99 Exch. It starts by clicking on the Register Now button. You will get a quick link for easy steps to register. Provide the personal details to get 99 Exchange ID Once the form is submitted, you will receive an OTP on your registered mobile number. This OTP is only for one time use. Don’t share it on any other platform. Now, the 99 Exch is ready to use. Fund your betting account with a certain amount of money to receive a welcome bonus and other rewards.
Login with the same ID and keep an eye on the betting market. You can use this 99 Exchange ID for betting on diverse sports, play casino games, and stay engaged in varied other activities. Check all details and you will surely enjoy the wonderful time that will be full of amazing features of betting. 
Stay in Touch with Experts at 99 Exch ID for Seamless Wagering 
99 Exch is the most dynamic 99 Exch provider – connecting you with top bookmakers and sportsbooks in a single click to help you register for the 99 Exchange ID or get anything related to wagering needs. Whether you want to know about the betting news, need live updates of the scores, instant match results, support to recover password, track the betting history, or even anything else, it will be an ideal way to enhance your experience and allow you to move on the right track of success with higher engagement. 
Complete Assistance in Easy Steps of 99 Exch
It will be full of fun and sure the right way to keep you worry-free. Check all details and start the betting journey safely with 99 Exch. Your satisfaction will be crucial for the team working here. They have come up with 24/7 support on WhatsApp and all other channels of communication. 
Providing you with step-by-step guidance and assistance at every step is the main motive of professionals who are working here. So, what are you looking for? Stay in touch with experts and get access to 99 Exch ID.
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tonhubwallet · 2 months ago
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Tonhub Wallet extension
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Tonhub Wallet | Storing and using your Toncoins
In the continuously growing sector of blockchain technology, several developers have introduced us to numerous secure and user-friendly wallets so that we can seamlessly and safely keep or manage our crypto assets. 
Nowadays, Tonhub wallet emerges as a front-runner for users seeking to interact with The Open Network (TON), a layer 1 decentralized blockchain platform. If you search for Tonhub, its features, or how to set it up, this article below will familiarize you with everything you must know before getting started with Tonhub wallet and exploring The Open Network blockchain. 
Understanding TON and Ton Coin: 
The Open Network, TON, is a layer 1 blockchain decentralized computer network with various components. It was initially developed by Nikolai Durov and the team behind the popular messaging app Telegram to integrate cryptocurrency and blockchain functionality into the Telegram ecosystem.
The native cryptocurrency of TON is Toncoin (TON). It is utilized for gas payments (i.e., smart-contract message processing fees), transaction fees, network development decisions, staking to secure the blockchain, and payment settlement. TON serves various purposes within the network, including:
Transaction fees: Users can pay TON Coins to interact with the network, such as sending and receiving cryptocurrency or executing smart contracts.
Staking: Users can also stake their TON Coins to participate in network development and earn rewards.
Governance: TON Coin token holders are now able to vote on a few decisions across all projects on the network. 
What is Tonhub wallet?
Tonhub wallet is a popular and reputed non-custodial wallet that allows users to store, send, and receive TON coins and NFTs. Unlike custodial wallets, where a third party controls your secret recovery phrase or private keys, Tonhub provides you with complete control over your private keys and crypto assets. This increases security and offers financial independence among its users. 
Tonhub wallet is available across multiple platforms, offering users flexibility in how they manage their TON:
Mobile App: Tonhub wallet is available as a Mobile App that can be downloaded on iOS and Android devices. This app enables users to manage their TON coins with a few taps conveniently.
Key Points of Tonhub wallet
Several features of TON Wallet attract a large user base. Here are some of its highlights. 
User-Friendliness:  Tonhub prioritizes user-friendliness. Therefore, its interface is easy to navigate, whether you are an existing user or a beginner and unfamiliar with using cryptocurrency wallets. 
Security: In terms of security, Tonhub wallet’s second feature is providing a non-custodial wallet experience. A non-custodial crypto wallet allows its users to maintain complete control over their assets and private keys. Your seed phrase will never be stored on Tonhub wallet’s servers. 
Seed Phrase: Upon wallet account creation, Tonhub wallet generates a unique 24-word seed phrase, a series of random words. This seed phrase acts as the key to your wallet that will allow you to unlock your wallet when you lose your account login credentials. 
Multiple Crypto Assets: In addition to Ton Coins, Tonhub also allows you to store and manage other digital assets built on the TON network.
In-built Decentralized EXCH: Tonhub offers an In-built decentralized exchange, allowing users to swap TON for other cryptocurrencies directly within the wallet. 
How to get started with Tonhub wallet? 
Upon reading the aforementioned write-ups, if you are now interested to know the step-by-step process for setting up your Tonhub wallet. Then, navigate through the steps below- 
Step 1: Download the Tonhub wallet: 
First, visit the official Tonhub wallet website to download it. 
If you are an Android user, you can find it on Google Play Store. 
If you are an iOS user, you can find it in an app store. 
Make sure to download and install the latest version on your iOS or Android devices or your computer’s web browser. 
Step 2: Create a New Wallet: 
Launch the app on your preferred device. 
Opt for the “Create a New Wallet” option. 
Follow the on-screen prompts and set a PIN Code. 
Make sure to set a PIN code that you can remember as you’ll need it for confirming transactions.
Step 3: Backup Your Secret Key
Now, you can see the 24-word secret seed phrase on your screen. 
Write down the 24-word seed phrase in the correct order and store it in a safe place.
Now, verify your 24-word seed phrase by entering it in the correct sequence.
Step 4: Set Up a Passcode: 
Lastly, follow the on-screen prompts. 
Create and confirm a passcode. 
This passcode will be used for accessing the app.
Final Words
Congrats!! Your wallet is now ready to use. Now, you can securely send and receive Toncoin and other assets, interact with dApps (decentralized applications), store and transfer NFTs, stake Toncoin, and exchange cryptocurrencies.  Now that we have reached the end of this article, we hope that you are ready to begin using the Tonhub wallet Extension. After completing the above-described procedures, you will be able to easily configure your Tonhub and begin exploring the Ton network.
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odba · 4 months ago
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Why Cryptocurrency Trading Classes Are Essential for Success?
Cryptocurrency trading classes are educational programs designed to teach individuals how to trade digital currencies effectively. These classes cover fundamental concepts such as blockchain technology, the mechanics of trading platforms, and market analysis techniques. Understanding the basics of cryptocurrency trading is crucial for anyone looking to enter this rapidly evolving field.
How Cryptocurrency Trading Classes Can Help You Avoid Common Mistakes?
One of the key benefits of cryptocurrency trading classes is learning how to avoid common mistakes that many new traders make. For example, classes often emphasize the importance of avoiding emotional decision-making, managing risk effectively, and understanding market volatility. By covering these critical areas, cryptocurrency trading classes help you develop a disciplined trading approach and prevent costly errors. The structured curriculum provides insights into best practices and strategies for minimizing risk and maximizing returns. With the knowledge gained from these classes, you can navigate the volatile crypto market more confidently and reduce the likelihood of making costly mistakes.
The Advantages of Hands-On Learning in Cryptocurrency Trading Classes
Hands-on learning is a crucial component of effective cryptocurrency trading classes. Many programs offer practical exercises, simulated trading environments, and real-time trading experiences to help students apply theoretical knowledge in practical scenarios. This experiential learning approach allows you to practice trading strategies, analyze market conditions, and make trading decisions without the risk of financial loss. By engaging in hands-on activities, you gain valuable experience and develop a deeper understanding of how the cryptocurrency market operates. This practical experience is essential for building confidence and refining your trading skills before you start trading with real funds.
Cryptocurrency Trading Classes for Your Goals
Selecting the right cryptocurrency trading classes is important for aligning your education with your trading goals. Different classes may focus on various aspects of cryptocurrency trading, such as technical analysis, fundamental analysis, or advanced trading strategies. It's essential to choose a program that matches your level of experience and specific learning objectives. For beginners, classes that cover the fundamentals of trading and cryptocurrency basics may be most suitable. For more experienced traders, advanced classes that delve into complex strategies and market analysis can provide additional value. Evaluating course content, instructor expertise, and student reviews can help you find the best fit for your needs.
The Role of Expert Instructors in Cryptocurrency Trading Classes
Expert instructors play a vital role in cryptocurrency trading classes by providing valuable insights and guidance based on their real-world experience. These professionals often have extensive backgrounds in trading, finance, and blockchain technology, which enhances the learning experience. Instructors can offer practical tips, answer questions, and provide personalized feedback to help you understand complex concepts and improve your trading skills. Their expertise and real-world knowledge can be a significant advantage in navigating the intricacies of the cryptocurrency market. Choosing a class with reputable instructors ensures that you receive high-quality education and support throughout your learning journey.
The Importance of Community and Networking in Cryptocurrency Trading Classes
Community and networking opportunities are significant benefits of participating in cryptocurrency trading classes. Many programs offer access to forums, discussion groups, and networking events where you can connect with fellow traders, share experiences, and discuss market trends. Being part of a trading community allows you to exchange ideas, seek advice, and gain different perspectives on trading strategies. Building a network of contacts within the cryptocurrency trading community can also provide valuable support and insights as you progress in your trading career. Engaging with others who share your interests and goals can enhance your learning experience and help you stay motivated.
How Cryptocurrency Trading Classes Address Risk Management Strategies?
Risk management is a crucial topic covered in cryptocurrency trading classes, as it helps traders protect their capital and manage potential losses. Classes typically teach various risk management techniques, including setting stop-loss orders, diversifying trades, and managing leverage. Understanding how to assess and mitigate risk is essential for maintaining a sustainable trading approach. Cryptocurrency markets are known for their volatility, making effective risk management even more important. By learning and applying these strategies, you can better navigate market fluctuations and safeguard your investments.
The Benefits of Ongoing Education Through Cryptocurrency Trading Classes
Ongoing education is essential for staying current in the rapidly evolving field of cryptocurrency trading. Many trading classes offer advanced courses, workshops, and webinars that cover emerging trends, new technologies, and updated strategies. Continuing your education allows you to adapt to changes in the market, refine your skills, and stay ahead of competitors. Cryptocurrency trading classes often provide resources and support for lifelong learning, helping you remain informed and competent as the market evolves. Embracing ongoing education ensures that you continue to grow as a trader and maintain a competitive edge.
Evaluating the Cost and Value of Cryptocurrency Trading Classes
When considering cryptocurrency trading classes, evaluating the cost and value of the program is crucial. Prices for trading classes can vary significantly based on factors such as course length, instructor expertise, and included resources. It’s important to assess the value of the program relative to its cost, considering factors such as the quality of content, level of support, and potential return on investment. Look for programs that offer comprehensive curricula, practical learning opportunities, and positive feedback from previous students. Investing in a reputable and high-quality cryptocurrency trading class can provide long-term benefits and enhance your trading capabilities.
Conclusion
Cryptocurrency trading classes offer invaluable resources for both novice and experienced traders seeking to excel in the digital currency market. From understanding the basics and avoiding common pitfalls to developing hands-on skills and managing risk, these classes provide a structured and supportive environment for learning. Choosing the right program, benefiting from expert instruction, and engaging with a trading community can significantly enhance your trading journey. As the cryptocurrency market continues to evolve, ongoing education and advanced training will help you stay informed and competitive. Embrace the opportunities provided by cryptocurrency trading classes to unlock your full potential and achieve success in the dynamic world of digital currencies.
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cryptocurrencyideas · 4 months ago
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Over $170 billion wiped off cryptocurrencies as market tanks on Mt. Gox bitcoin payout fears https://www.cnbc.com/2024/07/05/crypto-market-bloodbath-as-mt-gox-bitcoin-btc-payout-approaches.html
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world-of-news · 4 months ago
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billyrichard11566 · 9 months ago
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Buy virtual card with Cryptocurrency
Buying a virtual card with cryptocurrency typically involves using a service that facilitates the exchange of cryptocurrency for a virtual card issued by a payment provider. Here's a general outline of how you can buy a virtual card with cryptocurrency:
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ailtrahq · 1 year ago
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JPEX scandal grows to over $166M  Last week’s Token2049 conference in Singapore was a life-changing experience for some; for others, the event did not meet expectations, but for a select group of individuals, the imminent prospect of being pursued by law enforcement meant they had to abandon their booths and flee the event. On Sept. 21, local news outletsreportedthat Hong Kong police had arrested 11 individuals linked to troubled cryptocurrency exchange JPEX on charges of fraud and operating an unlicensed virtual assets exchange. More than 2,000 users are estimated to have been affected by the scandal, with a total of $1.3 billion Hong Kong dollars ($166 million) involved. Police allege users’ assets have been embezzled by JPEX staff. In a dramatic raid on Sept. 13 — day one of the conference — Hong Kong police arrested key executives, leading JPEX staff to abandon its corporate booth. The exchange subsequently applied for voluntary deregistration with the Australia Securities & Investment Commission, disclosing that its Australian entity had little assets left. After the news broke, JPEX reportedly raised its withdrawal fees to 999 USDT per transaction to prevent capital flight. In anannouncementon Sept. 20, JPEX said that 400 million Tether (USDT) worth of users’ deposits would be eligible for redemption. However, the catch is that the funds can only be redeemed starting in late 2025. The firm stated that due to the ongoing law enforcement investigation, its telecom service providers and asset custodians have frozen applicable services. JPEX booth advertisement posted the day before the exchange was raided by police. (Facebook) In a press conference, John Lee, the chief executive of Hong Kong, said, “This incident highlights the importance that when investors want to invest in virtual assets, then they must invest on platforms that are licensed.” Founded in 2019, JPEX heavily promoted its presence in Hong Kong with brand banners on local metro stations and taxis, as well as soliciting the help of celebrities such as singer Julian Cheung. Before its collapse, JPEX’smarketingincluded free vouchers to any users who signed up, offers of up to 300X trading leverage, and stablecoin staking yields exceeding 30% per annum. The firm has since suspended all of its services despite previous assurances that “it will not collapse.” Mt. Gox trustee creditors, trolled?  Users of defunct Japanese crypto exchange Mt. Gox were dealt another setback on Sept. 21, when it was announced that bankruptcy trustees would delay payment deadlines by another year. If executed, this means that the bankruptcy process would have stretched out for 10 years (if not more) since a devastating hack obliterated the exchange in 2014. Mt. Gox victims protesting over the excruciating delay in repayments (Finance Feeds) In April, Mt. Gox set a final deadline for creditors to register a claim against the defunct crypto exchange. A target date of October 2023 was then set for the repayment of users’ assets. The registration process has been extended periodically for several years. Despite previous reassurances, Mt. Gox trustees wrote:  “Given the time required for rehabilitation creditors to provide the necessary information, and for the Rehabilitation Trustee to confirm such information and engage in discussions and share information with banks, fund transfer service providers, and Designated Cryptocurrency Exchanges etc., involved in the repayments, which are required before the repayments can be made, the Rehabilitation Trustee will not be able to complete the repayments above by the deadline.” Mt. Gox was the biggest Bitcoin exchange in the world when it filed for bankruptcy in 2014 after discovering that 850,000 of its customers’ Bitcoin (BTC) had been stolen after years of subtle siphoning. The exchange has since recovered around 200,000 BTC. The funds have been held in trust for the creditors, with 162,106 BTC ($4.38 billion) sitting in wallet addressestrackedby Token Unlock.
At the time of the hack, the price of Bitcoin was around $580 apiece, meaning that many creditors would have realized gains on investment despite over half of their BTC being stolen. In its communication to creditors, the trustee stated that payments could come as soon as the end of this year for registered creditors. However, like for the past decade, a caveat clause was included (as always):  “Please note that the schedule is subject to change depending on the circumstances, and the specific timing of repayments to each rehabilitation creditor has not yet been determined.” Singaporean fintech raises $10M  Singaporean firm DCS Fintech Holdings has received a $10 million investment from Foresight Ventures for creating crypto-fiat on-ramping solutions.  According to the Sept. 21 announcement, DCS, which originally stood for “Diners Club Singapore,” the first credit card issuer in the city-state nation, will use the capital to develop “new payment solutions that provide a seamless connection between Web2 and Web3.” Its subsidiary, DCS Card Center, is regulated by the Monetary Authority of Singapore for issuing credit cards. CEO Karen Low commented: “The rapid evolution of Web3 today necessitates the bridging of payments into Web2, while the rise of fintechs is democratizing payments for consumers, creating demand for greater variety and refreshing experiences. These are opportunities that DCS is well-poised to seize.” As part of DCS’s initial foray into Web3, it has developed a Singaporean-dollar-backed payment token, which is also dubbed “DCS,” for the financial service sector.  Also based in Singapore, Foresight Ventures is a $400 million fund investing in Web3, AI and blockchain-related entities. In May, the firmpledged an additional $10 millionfor its Web3 accelerator, bringing the total to $20 million. The firm also backs the $120 million Sei Ecosystem Fund. Source
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kristikinzel12 · 1 year ago
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Ace Blockchain Network Roadmap Update!
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The virtual space is rapidly moving towards transformations while representing the next big thing in technology called Web 3 with blockchain aspects. In this new age of Internet, where you can tackle the data set, while artificial intelligence helps process the queries same as humans, and the accurate information gets stored and processed using a distributed network.
Though, it is not a futuristic idea as the concepts and models are introduced and used in current situation. Hence, you will find many more Web3 blockchain projects available in the market to use for your benefits and investment. As for the space of cryptocurrency is continuing to explore, there are multiple project development releasing roadmaps.
Ace Blockchain Crypto Network
Countless blockchain crypto projects plays a crucial role to shape the overall community expectations incorporating their project growth. Similarly, Ace blockchain network is a new approach in the industry presenting a blockchain web3 project for developers, in-house experts, and common users alike. You can use this platform to develop your own ideas and skillset to introduce something effective for community.
This blockchain project emphasizes on building a solid foundation prior to soar new heights. While working on the improvised scalability and energy efficiency alignment into the Ace network’ commitment in order to prove to be a sustaining and thriving ecosystem. Ace blockchain marketplace also encourages overall community engagement and expansion of new product models use cases in future. Not only staking program incentivises the investors but also encourages new interested participants to join this innovative universe.
The team has also released a native asset to the overall ecosystem to provide earning through referrals that will automatically be credited to the wallets of participants in future while creating a seamless experience for every user. Ace blockchain wishes to be another prominent player in this blockchain market, taking a unique approach with its updated roadmap. With a motive to redefine the blockchain landscape, Ace network prioritizes scalability, token standards, speed, and decentralization to bring out the best.
Furthermore, the team intends to offer some additional features and benefits that will prove beneficial to overall audience. This roadmap will foster innovation further empowering the creators to present their ideas to life within the Ace blockchain ecosystem. With a developer-friendly environment, this project is attracting new talent and plans to initiate a vibrant community of contributors.
Ace Network Roadmap
Let us get into details about the roadmap plans of Ace Blockchain Crypto Network (ABCN) which is an innovative cryptocurrency project revolutionizing business software solution in multiple ways on blockchain. ABCN will harness the power of blockchain technology in order to address the challenges and milestones in current models that business owners and developers are facing. This project will offer a more secure, fast, and scalable ecosystem.
2023
March: Initial Setup
- Lite paper launch
- Team Setup and resource management
- Roadmap framework
April: Whitepaper 1.0 Release
- 1st Version of Blockchain details
- Timeline setup
May: Blockchain Development Initiation
- Start of ABC Network Mainnet Blockchain Development
- Successful server setup for Blockchain and Explorer
June:
1. Blockchain Testnet Launch
- First version of chain for testnet versions
- Invite developers for developers’ bounty
2. Blockchain Mainnet Launch
- Mainnet with Explorer (abcnscan.io)
- Smart Contract Integration
3. ABCN Coin Launch
- Development of coin on ABC Network Mainnet Blockchain
- Release tokenomics and distribution
4. Staking Program Launch
- Web app for Staking Program
- Integration with ABC Network Mainnet Blockchain
5. Whitepaper 1.1 Release
- New whitepaper launches with updated blockchain, token, and products details
6. Exchange Listing
- List ABCN coin on Vindax exchange
July:
1. Initiation of Marketing Campaign
- Official campaign for global promotions
- Rewards and Bounty programs
2. ABCN App Launch (Wallet and Staking)
- Official App for ABCN wallet and Staking program
- Included with a support system and integrated Ace blockchain apps
3. 2nd Exchange listing
- List ABCN Coin in Dextrade exchange
- Increase liquidity
4. Meme coin Launch on ABC Network Mainnet Blockchain
- First meme coin project on ABC Network Mainnet Blockchain (Lele Token)
- Lele Token Giveaway Program
August: Decentralised Exchange Launch (ABSwap)
- Liquidity Protocol launch for ABC Network Mainnet Blockchain Tokens
September: Utility Portal Launch
- Utility services on ABC Network Mainnet Blockchain
- Payment system of ABCN Coin
October: Exchange Launch
- Centralized Exchange Powered by ABCN Coin
December: Metaverse Program
- Begin development of the Metaverse Program
- Integrate with Ace Blockchain apps and services
Keep a close eye on this project to know about the upcoming 2024 Roadmap in Q4 term as per the disclosed development status.
website: https://abcn.io/
Telegram: https://t.me/abcnetworkchat
Twitter: https://twitter.com/ABCNnetwork
Medium: https://medium.com/@abcnnetwork
Discord: https://discord.com/invite/BG4TGhcb8A
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jodzine · 2 years ago
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dazz1976 · 2 years ago
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coindelite-blog · 6 years ago
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Huobi Australia Shuts Down
To read more latest news visit: https://coindelite.com/
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samagom · 3 years ago
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jennieblogsworld · 3 years ago
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3 Best Nicehash Alternatives You Should Try in 2021 | GPU Mining Software Similar to Nicehash.
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musiccosmosru · 6 years ago
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https://ift.tt/2PuXWyd
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