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An Overview of the StormGain Cryptocurrency Platform

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The major players have already successfully cemented their positions in the cryptocurrency market. As a consequence, new platforms appear much less frequently than they did five years ago. And this is precisely why much more attention is now paid to new entrants to the market. One of the newest and most up-and-coming players in the cryptocurrency market is StormGain. Today, we are going to take a closer look at this platform’s features.

An introduction to the StormGain cryptocurrency platform

StormGain started operations in 2019. The target market for this cryptocurrency platform consists of both beginners and experienced cryptotraders – cryptocurrency enthusiasts who need to be able to quickly and efficiently convert their digital money. Among these, there are also cryptocurrency investors looking to earn a stable income.

StormGain users are able to choose from a large selection of trading instruments. These include both in-demand crypto instruments, such as Bitcoin, Ethereum and the like, as well as less popular options like Tron, Bitcoin Gold, etc.

Even though the platform is relatively new to the market, it has already made a good reputation for itself. The traders who use it often compare it to services like Kraken and Huobi Binance. In addition, StormGain is also the official sponsor of one of the English Premier League’s leading clubs – Newcastle United, which is a significant factor for earning the trust of users and potential clients.

Registration

The registration process has been made as simple as possible when compared to many other platforms. To register, all you need is an email address and phone number. The user then enters any other necessary details via their personal account.

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The registration process is similar to those of other cryptocurrency providers:

  1. First you go to the “Registration” tab.
  2. Then, you enter your personal information (email address, phone number and password) and agree to the Terms of Use.
  3. Finally, you must confirm the email address you provided at registration (required for the deposit/withdrawal of funds).

Once you’ve done that, you will then be able to use all the features of the cryptocurrency platform.

Deposit and withdrawal of funds

As already mentioned, the platform only supports cryptocurrencies, which facilitates easy wallet deposits and withdrawals.

If you have used other wallets to store cryptocurrency in the past and still have coins left in them, all you need to do is perform a simple inter-wallet transfer to fund your StormGain account with any of the cryptocurrencies supported by the platform. It’s worth noting that the main cryptocurrency used on this platform is Tether. This means that all payments will be carried out using this currency.

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StormGain charges no commission on deposits made in cryptocurrency. That said, there are minimum deposit amounts in place (for example, for Tether this is 50 USDT and for Bitcoin it is 0.005 BTC).

The second option for depositing funds to your wallet involves the use of third-party services enabling the exchange of fiat money for cryptocurrencies. To use this method, you’ll need a StormGain wallet address.

The developers of the StormGain platform took great care to make it as easy as possible to add funds to your account and have even provided the option of depositing funds directly to your wallet via your debit/credit card. To do this, all you need to do is select the desired cryptocurrency and the corresponding payment method from the list. However, you should be aware of the following restrictions:

  • the maximum deposit amount is USD $20,000;
  • a commission of 5% of the deposit amount (but not less than USD $10) will be charged.

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Although StormGain charges a debit/credit card deposit fee, this method eliminates the need to use third-party services. All transactions take place within the StormGain trading platform and are conducted automatically over encrypted connections. As a result, transaction speeds are much faster and your funds are much better protected.

Withdrawals are also processed very quickly. If you are going to withdraw funds to a cryptocurrency wallet, then all you have to do is select the cryptocurrency you need and enter the wallet address. Commission on crypto transactions is fixed at 0.1%, regardless of the currency you are withdrawing.

Trading

StormGain offers much higher leverage than most other platforms. This is one of the key advantages StormGain has over other trading platforms and we will talk more about it in this section.

StormGain offers trading in all the most popular cryptocurrencies, including Bitcoin, Tether, IOTA, Bitcoin Cash, Monero and many more besides. In total, around 30 cryptocurrencies are available to trade on the platform, which is enough to satisfy the needs of the majority of cryptocurrency users.

Cryptomarket analysis tools

The platform provides more than 40 indicators to assist with technical analysis. These include ready-made graphic patterns and profit/risk calculators.

Particular attention should be paid to the traders’ sentiment indicator, as it has a great influence on any strategy modifications. This gives StormGain a huge advantage over other cryptocurrency platforms since the provision of such an indicator is rare. It helps users identify the prevailing trend and make decisions about future trading operations.

Order types

StormGain offers four main types of orders. The first is the Market Order, which is the default option and corresponds to real-time trades. The second type is known as a Limit Order. It involves buying or selling assets when their price reaches a certain level. In addition to these, StormGain also supports Stop Loss and Take Profit orders, which are used respectively to limit losses or lock in profits before its too late.

Multiplier

The multiplier is one of the StormGain trading platform’s core selling points. It is no secret that many platforms allow cryptotraders to risk more funds than they have available on their account.  For the purposes of comparison, the world-famous cryptocurrency platform Binance allows users to trade with leverage of 1:5. The same amount of leverage is also available on Huobi. Meanwhile, a platform as popular as Cex.io only allows leveraged trading up to 1:3. StormGain, on the other hand, offers multipliers up to 1:200. This is much higher than the amount offered by other platforms.

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This multiplier allows you to benefit more from less intense price movement, even if your starting capital is very small. Nonetheless, it is worth remembering that using a multiplier also increases your risk when trading.

Platform features

StormGain provides a lot of bonuses and special features for its users. It was precisely these bonuses and features that enabled the platform to quickly gain in popularity and build trust among cryptocurrency traders.

Extended loyalty programme

The StormGain platform provides its users with some of the best trading terms around. The company offers several different loyalty levels, each with its own unique set of bonuses.

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As you can see, your individual account type can greatly improve the terms you receive as a trader on the platform. The higher your account status, the more bonuses you will be eligible for. These might include, for example, an increased bonus for account deposits or a discount on trading commission.

How to qualify for a given status

Each user is automatically assigned a certain status depending on their account balance or monthly trading volume. In other words, the more active you are, the higher your status. Likewise, if your activity drops over the course of a given month, your status will also drop.

Mobile trading

StormGain has its very own trading platform, which is also available for Android and iOS. This means that you can always keep abreast of any developments on the cryptocurrency market and carry out transactions from almost any device, anywhere. As the cryptocurrency market is open for trading 24/7 (including weekends and public holidays), this allows users to quickly respond to market events as and when they take place.

Training

The platform provides plenty of great opportunities to help you prepare for your first real trade. If you take look in your account, you will find video tutorials that deal with everything from the ins and outs of trading with StormGain to basic trading skills. These lessons will be very useful both for newbies at the beginning of their cryptotrading journeys and experienced traders looking to refresh their knowledge.

What’s more, the StormGain trading platform also allows users to practice making trades on a free demo account. The demo account gives everyone the opportunity to try their hand at trading without the need to risk their own funds.

It’s important to note that the demo account is available for use at any time. Therefore, even if you are already well-versed in trading, you can always switch from your real account to a demo account in order to test out new strategies.

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Security

Security has always been a very important element of any online service. But when it’s also client funds and not just user data that is at stake, then any platform for trading cryptocurrency must provide the highest level of protection. What kind of protection is offered by StormGain?

First off, it provides the ability to create a “cold wallet”. This is one of the unique features of the StormGain trading platform. On most platforms which deal with a large number of different cryptocurrencies, there are no “cold wallets”. This type of wallet exists offline and is immune from any malicious intruders.

The second key feature is the ability to activate two-factor authentication using Google Authenticator. The StormGain team strongly recommends connecting 2FA so that your account is protected even in case of the loss of login data.

The StormGain platform is trusted by users worldwide. The partnership with Newcastle United football club plays an important role in this. In addition, the platform is a member of the Blockchain Association which itself operates under under the auspices of the Financial Commission.

Support

The level of customer support can make a platform the best in the world or make its users hate it. For cryptocurrency platforms, the customer service element is no less important than that of making the service secure.

StormGain offers customer support via:

  • online chat;
  • Telegram;
  • e-mail;
  • telephone.

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In other words, all the ways of communication with the project team have been thought out. Depending on your problem and preferences, you can choose any method and quickly find a solution.

Conclusion

The StormGain cryptocurrency platform is a fairly young project. Nevertheless, in just over a year and a half of its existence, it has been able to earn the trust of its users and demonstrate excellent quality of services.

One of the platform’s “disadvantages” is that the minimum deposit amount is quite high. But given the extensive functionality, the presence of a loyalty and training program, the high level of security and other positive aspects offered by the StormGain trading platform, it can be argued that this platform has high potential. StormGain directly competed with the established leaders in the cryptocurrency trading platform market and is a great choice for both beginners and experienced traders.

Blockchain

Hip-Hop Artist ILL Bill to Auction ‘Silk Road’ Music NFT on Phantasma Blockchain

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Phantasma Chain

Phantasma blockchain is launching a new auction feature on NFT marketplace GhostMarket.io and producer, label owner and hip-hop legend ILL Bill is kicking off the launch with an exclusive NFT release: ILL BILL — SILK ROAD ft. LORD GOAT. Drawing inspiration from Wu-Tang Clan’s $2 million release of Once Upon a Time in Shaolin, only one copy of this song will ever be available, making it as rare as a painting and, therefore, highly collectible. It’s a game-changer for an industry where music is normally treated as a commodity.

“What’s really exciting, revolutionary and empowering about the music NFT,” ILL Bill says, “is the ability for musicians to sell a 1-of-1 digital song the same way an art gallery would auction a painting by Basquiat (or any other artist). Creatively and financially, the possibilities are endless. The fact that only the sole owner (and whoever he chose to play it for) got to hear the album was intriguing to a huge Wu-Tang fan like myself. RZA blurred the lines between the traditional music industry and the world of high-end collectible art, and the music NFT is the digital evolution of that concept.”

As a lifelong album collector, ILL Bill is excited to be one of the very first artists to adapt to this new music format, and he plans to continue releasing NFTs regularly on GhostMarket.io. “I already have a bunch of NFTs in the works and, this year, we’re just gonna experiment and have some fun with it.”

What does the winner of the auction receive? The unlockable downloads that only the owner of the NFT can access include the full-quality WAV file of the original master recording of “Silk Road ft. Lord Goat,” as well as the full collection of front and back cover album art and digital stickers. Owning the NFT does not give the buyer the rights to the song, however, those remain with the artist and his label.

Preserving the artist’s copyright is part of the vision for the music NFT that musicians are developing independently within the Phantasma community, one which protects the rights of artists while embracing the new technology. And there are indications that interest in music NFTs is starting to reach exponential growth: today there are over 900 NFTs for sale in the music category, up several hundred in just a few days. Not bad for something that only a few months ago didn’t seem to exist except for a few proofs-of-concept.

Other artists planning to launch music NFT auctions on Ghostmarket.io include the Biscodini Trio, the first of several projects from Conan-keyboardist Scott Healy and his label Hudson City Records, as well as LA-based synth-rock group Robot Nature.

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SOS Kicks off Constructions of Cloud Crypto Mining Center in Hejiang County, Luzhou, Sichuan

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SOS Limited (NYSE: SOS) (the “Company” or “SOS”) announced today that it entered into a definitive agreement with Leibodong Hydropower Station(“Leibodong”) in Hejiang County, Luzhou, Sichuan. Pursuant to the definitive agreement, Leibodong will supply SOS with electricity and physical space to house crypto mining rigs for a term of three years in order for SOS to operate its own cloud crypto mining and big data center.

Pursuant to the definitive agreement, Leibodong shall lease SOS with its own physical site or sublease physical site which are expected to be approximately 1350 square meters (approximately 14531.28 square foot) for SOS to house about 3500 sets of crypto mining rigs. The rent is about RMB 3.50 (approximately $0.5422) per square meter per month.

SOS Chairman Yandai Wang commented, “We are glad to enter into the definitive agreement with with Leibodong after three weeks’ of negotiation since we entered the framework agreement on February 3, 2021. I am very pleased with the deal. The sustainable and cost-effective crypto mining supply chain is one of key success factors for cloud crypto mining. The Leibodong Cloud Crypto Mining Center based in Hejiang County, Luzhou, Sichuan sets an example and standard on how SOS will continue to secure cheap electricity in regions with rich renewable energy resources, such as Sichuan China. We will continue to search for cheap and sustainable power plant to execute our aspiring strategy of cloud crypto.

About SOS Limited

SOS is an emerging blockchain-based and big data-driven marketing and solution provider, with a nationwide membership base of approximately 20 million in China. Recently, SOS started to get ready to roll out its cryptocurrency mining business and plans to develop insurance and security management solutions for digital assets and cryptocurrencies. The core infrastructure of SOS’ marketing data, technology and solutions to insurance and emergency rescue services is built on big date, blockchain-based technology, cloud computing, AI, satellite, and 5G network, etc. SOS Limited, through its operating subsidiary, SOS Information Technology Co., Ltd. (“SOS”) is a high-technology company providing a wide range of services to its corporate and individual members, including marketing data, technology and solutions for emergency rescue services. SOS transforms digital technology into data-driven operations through the research and development of big data, cloud computing, Internet of Things, blockchain and artificial intelligence. We have created a SOS cloud emergency rescue service software as a service (SaaS) platform with three major product categories, including basic cloud (medical rescue card, car rescue card, financial rescue card, mutual assistance rescue card), cooperative cloud (information rescue center, intelligent big data, intelligent software and hardware), and information cloud (News Today, E-Commerce Today). This system provide marketing-related data, technology solutions, and technology-driven big data to clients such as insurance companies, financial institutions, medical institutions, healthcare providers, auto manufacturers, security providers, senior living assistance providers and other service providers in the emergency rescue services industry. For more information, please visit: http://www.sosyun.com/

Forward-Looking Statements

Certain statements made herein are “forward-looking statements” within the meaning of the “safe harbor” provisions of the Private Securities Litigation Reform Act of 1995. Forward-looking statements may be identified by the use of words such as “anticipate,” “believe,” “expect,” “estimate,” “plan,” “outlook,” and “project” and other similar expressions that predict or indicate future events or trends or that are not statements of historical matters. Such forward-looking statements include timing of the proposed transaction; the business plans, objectives, expectations and intentions of the parties;, SOS’s estimated and future results of operations, business strategies, competitive position, industry environment and potential growth opportunities market acceptance of our products; the ultimate impact of the current Coronavirus pandemic, or any other health epidemic, on our business, our research programs, healthcare systems or the global economy as a whole; our intellectual property; our reliance on third party organizations; our anticipated financial and operating results, including anticipated sources of revenues; our assumptions regarding the size of the available market, benefits of our product offering, product pricing, timing of product launches; management’s expectation with respect to future acquisitions; statements regarding our goals, intentions, plans and expectations, including the introduction of new products and markets; and our cash needs and financing plans and etc. These forward-looking statements reflect the current analysis of existing information and are subject to various risks and uncertainties. As a result, caution must be exercised in relying on forward-looking statements. SOS may not realize its expectations, and its beliefs may not prove correct. Due to known and unknown risks, our actual results may differ materially from our expectations or projections. All forward-looking statements attributable to the Company or persons acting on its behalf are expressly qualified in their entirety by these factors. Other than as required under the securities laws, the Company does not assume a duty to update these forward-looking statements.

Additional information concerning these and other factors that may impact our expectations and projections can be found in our periodic filings with the SEC, including our Annual Report on Form 20-F for the fiscal year ended December 31, 2019. SOS’s SEC filings are available publicly on the SEC’s website at www.sec.gov. SOS disclaims any obligation to update the forward-looking statements, whether as a result of new information, future events or otherwise.

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ShapeShift Publishes Report on Cosmos, Polkadot and NEAR Decentralized Protocols

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ShapeShift, an international, non-custodial cryptocurrency leader, announced the availability of a new, in-depth report titled “New Frontiers: A Deep Dive Analysis of the Cosmos, Polkadot, and Near Protocols.” The analysis reviews three emerging “smart contract blockchains” (or, blockchains that can run a wide variety of decentralized applications).

While blockchains like Bitcoin and Ethereum have grown in mindshare, adoption and sophistication, lesser-known blockchains are proliferating. This series will provide blockchain, cryptocurrency and Web 3.0 development enthusiasts with an in-depth review of the opportunity and state of evolution of the three emerging platforms. The report is the first of a series called “New Frontiers”; subsequent reports issued later this year will review additional smart contract blockchains and explore related topics.

“New Frontiers: A Deep Dive Analysis of the Cosmos, Polkadot, and Near Protocols” provides readers with an assessment of each protocol’s:

  • Architecture (high-level review)
  • Interoperability
  • Governance
  • Ecosystem
  • Token Distribution

“The world of smart contract platforms is buzzing with new entrants—all of which strive to offer the properties of being trust-minimized, censorship-resistant, immutable, permissionless and transparent. These are the qualities that have propelled Ethereum to success,” said Kent Barton, head of Research and Development at ShapeShift and author of the series. “Enthusiasts may want to get involved with these newer blockchains early; but it’s difficult to know which new projects have a strong foundation before they have earned a critical mass of developers, users and projects. This series of reports, while not investment advice, will offer analysis and one view of their potential.”

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Integrated Ventures Receives $375,000 Equity Investment And Another Shipment Of WhatsMiners

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Integrated Ventures, Inc is pleased to disclose that BHP Capital NY, Inc has completed its second funding round, as part of $3,000,000 Equity Investment, in the amount of $375,000, by purchasing 375 Preferred Class C Shares. Steve Rubakh, CEO of Integrated Ventures, adds the following:

“On 01/28/2021, the Company has issued 8K with details, regarding $3,000,000 Equity Investment by BP Capital NY, Inc. As of 02/05/2021, the total amount funded under this agreement is $1,125,000 million.

“The Company is pleased to confirm the latest shipment of WhatsMiners has arrived and being installed in our NY location. It must be noted, that due to (1) Chinese New Year, (2) low availability of mining equipment for sale and (3) high demand, INTV is committed to executing smart purchases and will only commit to the value priced deals. Thus, on 02/07/21, the Company purchased 26 WhatsMiners, priced at $55,450 (shipping and customs included).

“During the next weeks, INTV plans to announce more details on (1) mining equipment purchases from Canaan (BTC) and PandaMiner (ETH) and on (2) expanded deal with PetaWatt Holdings, including information on purchases of “MiniPods”: 20 ft mobile, 300kw, turn-key and fully build out with smart PDUS, modular mining containers, to be installed at Carthage, NY.”

About: Integrated Ventures, Inc is Technology Portfolio Holdings Company with focus on Hosting, Development Of Blockchain Applications and Cryptocurrency Mining.

For more details, please visit the Company’s website: www.integratedventuresinc.com.

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Kaizen Finance Launches Staking to Foster the Widespread Adoption of DeFi

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Kaizen Finance, a decentralized finance platform with cross-blockchain interoperable protocol, announces the launch of Kaizen staking.

Kaizen staking is based on Kaizen protocol, a new generation DeFi protocol, which addresses major impediments to accessing DeFi services such as impermanent loss, hidden fees and high transaction costs which prevent DeFi from being inclusive of millions of users.

To promote DeFi adoption, Kaizen Finance currently offers up to 80% APY for major stablecoins like USDT, BUSD, USDC and DAI with a minimal lockup period of 6 months within its staking service. Kaizen Finance does not charge users any fees for staking their income.

Kaizen protocol is an automated liquidity protocol, which provides three main advantages:

  • Low commissions
  • Utilization of Oracle-Governed pools
  • Easy-to-use tools for broader usage

Kaizen protocol in combination with intuitive design of the platform, allows users to easily navigate DeFi services and enables the platform to provide users opportunities to earn some of the highest guaranteed returns on the market for holding stablecoin assets. Precise price oracle system, which takes into account the external market feeds is another distinctive feature that sets Kaizen Finance apart from conventional DeFi platforms.

Kaizen staking operates on the basis of stablecoin to provide asset security. The value of stablecoins is pegged to USD, providing minimal risks of volatility and reducing risks of losing asset value. Kaizen staking leverages the full security potential of decentralized finance, therefore the rewards are generated and transferred automatically and no entity can meddle with them.

Kaizen Finance launched the Kaizen swapping service earlier this year introducing the ability to swap USDT and ETH for tokens of pioneering products and services.

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Akash Network’s Akash Token (AKT) is Listed on Bittrex Global

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Akash Token

Akash Network, the world’s first open-source and decentralized cloud (DeCloud), today announced Akash Token (AKT) has been listed on Bittrex Global, a top-ranked global exchange by CoinMarketCap, and is now available to buy, sell, and trade on the platform. Powering high-growth industries including blockchain and machine learning, AKT is Akash’s native utility token and is used as the primary means to govern and secure the blockchain, and provide a default mechanism to store and exchange value. Currently, AKT has ~48% APR staking rewards and ~83% bonding rate.

“After the recent launch of DeCloud, we’re continuing to support our accelerating growth and increasing global demand for access to AKT,” said Greg Osuri, CEO of Akash Network. “Listing on Bittrex Global, a top globally renowned exchange, progresses our goal of expanding access to AKT to people around the world.”

Key dates and information for the Bittrex Global listing include:

●       Deposits open: Monday, May 24th, 2021 10 AM PDT
●       Trading starts: Tuesday, May 25th, 2021 8:30 AM PDT
●       Trading pairs: BTC and USDT

Bittrex Global is the sixth listing for AKT since its Initial Exchange Offering (IEO) in October of 2020, and is also available on AscendEX (Bitmax)DigiFinexGate.io, and BitMart.

“With its extraordinary growth over the last six months, we’re excited to welcome AKT to our platform,” said Stephen Stonberg, CEO of Bittrex Global. “As the most trusted crypto exchange platform known for secure trading and digital wallet infrastructures, we’re proud to partner with Akash Network to make AKT available to our global community of traders.”

For media inquiries, please contact Kelsey Ruiz at (916) 412-8709 or kelsey(at)akash(dot)network.

About Akash Network:
Akash Network, the world’s first decentralized and open-source cloud, accelerates deployment, scale, efficiency and price performance for high-growth industries like blockchain and machine learning/AI. Known as the “Airbnb for Cloud Compute”, Akash Network provides a fast, efficient and low-cost application deployment solution. Developers leveraging Akash Network can access cloud computing at up to three times less than the cost of centralized cloud providers like Amazon Web Services, Google Cloud and Microsoft Azure. Utilizing containerization and open-source technology, Akash Network leverages 85% of underutilized cloud capacity in 8.4 million global data centers, enabling anyone to buy and sell cloud computing. For more information visit: https://akash.network/.

About Bittrex Global:
Bittrex Global has one of the most secure trading platforms and digital wallet infrastructures in the world where customers can access exciting new products. Built on Bittrex’s cutting-edge technology, Bittrex Global provides a high-level experience for professional and novice customers alike.

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Gebo Group LLC and Crypto.com Announce Expanded Relationship

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Crypto

Gebo Group LLC and Crypto.com are pleased to announce that they have entered into an agreement to expand their existing relationship. Gebo will continue to support Crypto.com exchange by providing even more expanded market making services. Gebo will now make markets on Crypto.com in even more tokens and asset pairs. Gebo Group has recently launched it’s defi network launch facility, Starport (starport.io) and has announced it’s launch of the Immersive Network  – an extended reality real-world entertainment destination whose financial operations are recorded on an oracle enabled blockchain.

“We have been extremely happy with our relationship with Crypto.com to date,” said Gebo co-founder James Wines. “It’s a sophisticated and fair exchange that has made many technological and efficiency advancements in the industry that we have been excited to be a part of. We look forward to even more exciting opportunities to come.”

This announcement coincides with the recent transition of trading legend Ron Pasternak from Strategic Consultant to active Head of Gebo’s market making desk.

“Gebo is doing it right. They have the technology, the expertise and imagination to be the premier liquidity provider in the crypto space.” said Mr. Pasternak.

About Crypto.com
Founded in 2016, Crypto.com today serves over 10 million customers with the world’s fastest growing crypto app, along with the Crypto.com Visa Card — the world’s largest crypto card program — the Crypto.com Exchange and Crypto.com DeFi Wallet. Recently launched, Crypto.com NFT is the premier platform for collecting and trading NFTs, curated carefully from the worlds of art, design, entertainment, sports. Crypto.com is built on a solid foundation of security, privacy and compliance and is the first cryptocurrency company in the world to have ISO/IEC 27701:2019, CCSS Level 3, ISO27001:2013 and PCI:DSS 3.2.1, Level 1 compliance, and independently assessed at Tier 4, the highest level for both NIST Cybersecurity and Privacy Frameworks.Crypto.com is headquartered in Hong Kong with a 1,000+ strong team. Find out more by visiting https://crypto.com.

About Gebo Group
Gebo Group, LLC is a US FinCEN registered Money Service Business providing deep institutional liquidity on a principal-to-principal basis. Gebo Group offers sophisticated financial products and payment solutions using state of the art compliance and enterprise grade technology.

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LCX Joins Celo Foundation as an Alliance Member

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LCX

LCX is thrilled to be the newest Alliance Member of the Celo Foundation. LCX will be working alongside leading technology providers, nonprofits, mobile wallets, payment processors, and global investment firms in creating an easily accessible, mobile-friendly ecosystem of financial tools on the Celo open blockchain platform. Since its launch in March 2020, the Celo Foundation has been tirelessly working towards empowering anyone who owns a smartphone to effortlessly access digital assets. The goal is to create an ecosystem that fosters a fairer and more inclusive financial system. LCX strongly aligns with the Celo Foundation on our mission to bridge the gap between traditional and decentralized finance with our new-age, fully compliant products and regulated services.

Celo is an open blockchain platform that makes financial tools accessible to anyone with a mobile phone. The platform enables anyone to create an ecosystem of powerful mobile applications, ranging from easier cash transfer programs to peer-to-peer lending, international remittances to digital assets and wallets. Celo’s digital currency — the Celo Dollar stablecoin — provides people all over the world with a stable, secure, inexpensive, and easy way to move money and engage in financial activities that were previously inaccessible to them.

Chuck Kimble, Partner at cLabs and Head of the Alliance for Prosperity, says, “We are excited to welcome LCX on board as our newest member. It’ll be another significant step towards growing our Alliance, which has grown to more than 135 Members. LCX.com is a key player in Europe and will help us help us on our path to create prosperity.”

“Financial inclusion is vital to sustaining a healthy economy and thriving democracy, and we are proud to be collaborating with one of the leading organizations on the front lines of this effort,” said Monty Metzger, LCX’s CEO. “We’ve been impressed by the important work being done by the Celo Foundation, empowering anyone with a mobile phone to access digital assets and blockchain powered financial services.”

About the Alliance for Prosperity
The Alliance for Prosperity is an ecosystem of organizations brought together by a common vision of fostering social impact and financial inclusion by leveraging the disruptive blockchain technology. These include nonprofits, merchants, and payment processors. The Alliance provides infrastructure and educational support to the mobile-first open blockchain platform. This will enable an increasing number of people to use digital currencies — in particular, the Celo Dollar stablecoin — in the areas that need it the most. The contributions made by each individual member will enable easy movement of digital currencies across the globe and create financial tools with use cases including emittances, humanitarian aid, payments, and microlending that’ll be accessible by all on the Celo platforms.

About LCX.com
LCX.com – Innovating Capital Markets. Solutions for compliant digital assets and security tokens. LCX is a secure and compliant platform for buying, selling, transferring, and storing digital currencies. LCX is pioneering a blockchain infrastructure bridging the gap between traditional monetary systems and the fast-moving trusted technology landscape. LCX was founded in 2018 with headquarters in Vaduz (Liechtenstein) and branches in Crypto-Valley Zug (Switzerland) and New Delhi (India).

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Circle Launches Comprehensive NFT Platform & Marketplace Payments Solution

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Circle, a global financial technology firm that provides payments and treasury infrastructure for internet businesses, today announced a comprehensive payments solution for non-fungible token (NFT) marketplaces and storefronts that enables them to accept credit card and crypto payments alike in order to attract more mainstream audience adoption. Circle today also unveiled forthcoming features that will be made available over the coming months, including support USDC, BTC and ETH payments, NFT custodial services, and yield-generating Circle accounts for NFT market operators.

NFT marketplaces have surged in popularity over the past 12 months, but broad-based mainstream adoption is lagging due to the complexity of payment transactions, which usually require the use of cryptocurrencies. Circle’s NFT solution simplifies buying and selling by enabling platforms to accept credit card payments alongside crypto, all with a seamless user experience. This makes NFT transactions easier by encouraging greater engagement, platform expansion and support for creators worldwide through the marriage of traditional payment rails and leading digital dollar stablecoin USD Coin (USDC).

NFTs have seen a meteoric rise in recent months – as platforms like NBA Top Shot skyrocket in popularity (Top Shot has seen a 400% increase in sales over the past 30 days) and digital art becomes mainstream (iconic auction house Christie’s recently offered the first purely digital artwork with the auction of Beeple’s Everydays for $69M). In February 2021 alone, sales volume across major NFT marketplaces grew nearly 800%, to more than $200M.

“This is not only an important and valuable trend for marketplaces and creators, it represents incredible demand from customers – for collectibles, artwork, moments, and really anything that can be tokenized on the blockchain,” said Jeremy Allaire, Circle Co-founder and CEO. “Circle looks forward to supporting the industry – creators, platforms, marketplaces, storefronts and customers – with our solution for enabling a user-friendly, mainstream payments experience with the power of crypto connectivity and USDC.”

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Blockchain Gaming Social Platform Ludena Protocol Announces NFT Roadmap Update

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Blockchain Gaming

Amid the recent NFT (Non-fungible token) craze in the cryptocurrency industry, blockchain game social platform, Ludena Protocol, officially announced their roadmap update to include the Ludena World Metaverse, complete with of NFT assets, on the 12th of March.

Ludena Protocol operates the DApp GameTalkTalk, which has recently surpassed 3.5 million downloads on the Google Play store. GameTalkTalk gives value to gamers’ daily activities, such as playing video games and uploading game-related content to the platform, by providing rewards in their native cryptocurrency, LDN.

Within the first half of this year, the company plans to gradually release NFT assets such as NFT wearables for users’ avatars and “My Room” NFT decorations, within the Ludena World Metaverse. “We will continue to lead the NFT market, including entering the NFT marketplace and NFT market through aggressive partnerships with global NFT partners in the future,” the foundation said.

According to the announcement, NFT assets in the Ludena ecosystem will consist of avatar wearables, “My Room” virtual space/land decoration, user-created NFTs, and Ludena World map spaces. In other words, gamers can customize their game characters or change their user profiles through their Ludena NFT assets, which are provided in the form of infinite digital decorations.

Playable game characters on Ludena Protocol’s P2P gaming platform, can be customized with costumes, special weapons, as well as a variety of other accessories, and are used in hyper-casual, multiplayer games. Users will be able to see either their purchased, won or created NFTs in the games they play.

Joshua Kim, CEO of Ludena Protocol, said, “Now that NFTs are becoming a mega trend in the blockchain market, we want to lead the global market by becoming Korea’s representative platform for the distribution of NFT assets based on actual demand.”

Meanwhile, news related to NFTs (Non-fungible tokens) is receiving noticeable attention in the industry recently. Earlier this month, Grimes, singer and partner of Tesla CEO, Elon Musk, made $6.5 M in 20 minutes by auctioning off her digital NFT paintings. In addition, the first Twitter post that Twitter co-founder Jack Dorsey posted on the auction market really showed off the NFT craze as the bidding price rose to about $2.8 M.

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