Connect with us

Altcoins

Hackers in Coincheck Heist Believed to be Moving Stolen Loot

Published

on

The latest news on last weeks estimated $530 million hack of the Japanese exchange Coincheck – one of the largest thefts of cryptocurrency so far – is that the hackers are now trying to move the stolen XEM into smaller exchanges as reported by the foundation that developed and is tracking the coin.

The NEM foundation, developer of the XEM coin, was able to track the coin to an unidentified account according to reports.  It now says that the hackers who were able to make off with the XEM are now attempting to spread the stolen coins out to six different exchanges where it can be sold off.

Tracking the booty

Jeff McDonald of the NEM foundation says he has tracked the coins down to an unidentified account and that the hacker is trying to sell them in smaller batches to avoid triggering anti-money laundering mechanisms built into exchange security systems.

“He is trying to spend them on multiple exchanges. We are contacting those exchanges,”

Singapore-based McDonald told Reuters.

The hacker has started sending out XEM tokens in 100 coin batches, worth about $83 each. The coins the hackers made off with represent around 5 percent of the total supply of XEM, the world’s 10th largest cryptocurrency, according to trade website Coinmarketcap.

The thieves attempt to transfer the XEM in small trades on various accounts to avoid detection is probably their first step in a series of trades before converting the cryptocurrency back to a conventional currency.  The hackers are unlikely to try to spend anything close to all of the stolen cryptocurrency at once because;

“(the) market simply couldn’t absorb that much… I would assume that they are going to get away with some of the money,”

McDonald said.

Exchanges under scrutiny

The Coincheck hack which occurred last Tuesday represented 523 million NEM tokens and sent ripples of distrust throughout the cryptosphere with dips in all major cryptocurrencies including Bitcoin and Ripple.

Once the hack was made public knowledge Coincheck was quick to reassure investors that they would be making restitution of at least 90% of the value of the hacked XEM coin. Paying back 260,000 investors their losses in Yen out of the companies funds helped XEM make a quick rebound after an initial drop in value once the hack was acknowledged.

This new hack has again raised questions about the security of cryptocurrency exchanges and especially their storage protocols. Japan’s Financial Security Agency (FSA) ordered Coincheck to make improvements in all operations, which suspend all trading except Bitcoin as of Friday.

Advertisement
Click to comment

You must be logged in to post a comment Login

Leave a Reply

Altcoins

Why Gamety is a Hidden Gem

Published

on

  • Gamety’s P2E model introduces a deflationary reward system inspired by Bitcoin, ensuring a capped token supply.
  • Rewards are dynamically adjusted based on factors like active players, token price, and reward pool size, fostering a self-sustaining ecosystem.
  • With accolades like the Web3 Game of the Year award, investor friendly tokenomics, and top-tier advisors, Gamety is positioned for exponential growth.
  • Backed by an experienced team and strategic partnerships, Gamety promises to unlock unprecedented value in the blockchain gaming ecosystem.

With the rise of blockchain gaming platforms, finding the right investment opportunity can feel like navigating a maze. However, Gamety stands out as a hidden gem for investors and gamers alike. At its core, Gamety offers a compelling proposition that combines innovation, sustainability, and community-driven gameplay, making it an irresistible choice for those seeking both financial returns and immersive gaming experiences.

One of the key reasons why Gamety is a good project for your watchlist is its commitment to innovation. Gamety’s P2E model introduces a groundbreaking reward system inspired by Bitcoin’s deflationary principles, ensuring a capped token supply while dynamically adjusting rewards based on various factors. The unique approach ties rewards to the active player count, token price, and reward pool size, fostering a self-sustaining ecosystem that combats token hyperinflation prevalent in traditional gaming models.

Through a fixed and self-sustaining reward pool supply, Gamety effectively curtails the risk of token oversupply, maintaining a balanced economic cycle where rewards circulate within the closed ecosystem. Moreover, the reward claim system incentivizes active ecosystem participation, offering players the flexibility to claim rewards immediately or accrue them over time based on their level. This strategic mechanism not only motivates players to level up but also boosts engagement and revenue generation for Gamety, ultimately enhancing the overall sustainability and vibrancy of the gaming ecosystem.

Gamety emerges as a hidden gem within the Web3 gaming sphere, boasting a remarkable array of accolades and attributes that underscore its potential for exponential growth. As the recipient of the prestigious Web3 Game of the Year award, Gamety has already solidified its reputation for excellence within the industry with the presence of MetaFighter.

This pre-established player foundation provides a solid groundwork for growth and engagement, setting Gamety apart as a platform with built-in user traction. Additionally, Gamety boasts investor-friendly tokenomics, characterized by a low Fully Diluted Valuation (FDV) and a commitment to fair and transparent token distribution. These investor-friendly features not only enhance the platform’s appeal but also instill confidence in the project’s long-term viability and potential for sustainable growth.

Bolstered by a team of top-tier advisors from esteemed entities like Neo Tokyo, Seedify, and Gunzilla, Gamety is strategically positioned to navigate the complexities of the blockchain gaming landscape. Furthermore, Gamety’s pioneering status as the first mover on the Runes network, coupled with its successful public sale partnerships with Bluezilla and Gamestarter, signals its commitment to innovation and strategic collaboration.

With a low fully diluted valuation and short vesting periods, Gamety presents an enticing investment opportunity with substantial upside potential. Leveraging a pre-developed product boasting 30 games ready for launch, Gamety not only demonstrates its readiness for market penetration but also showcases its dedication to delivering engaging gaming experiences to its existing active player base. Backed by an experienced team, Gamety stands poised to unlock unprecedented value within the blockchain gaming ecosystem, cementing its status as a true hidden gem awaiting discovery.

In summary, Gamety represents more than just a gaming platform; it’s a visionary project that redefines the way we think about gaming and investing. With its innovative approach, commitment to sustainability, and vibrant community, Gamety is not just an easy sell – it’s a compelling opportunity for anyone looking to be part of the future of gaming.

Our Socials:
Twitter X : http://twitter.com/gametyio
Telegram : https://t.me/gametyio
Website : http://gamety.io/
Discord: https://discord.com/invite/MetaFighter

Continue Reading

Altcoins

ATH Token Presale on AthenaDexFi Nearing Its Conclusion: Only $10,000 Left

Published

on

The cryptocurrency world is about to witness an extraordinary event as the ATH Token presale on AthenaDexFi nears its conclusion. With only $10,000 remaining to be raised, excitement among investors is soaring.

ATH Token positions itself as a unique investment opportunity, offering investors an innovative and secure way to participate in the future of cryptocurrencies. The project stands out for its transparency and security, with all presale information and specifications available on the official channels.

The presale is taking place on athenadexfi.io, a cutting-edge decentralized platform committed to ensuring maximum security for investors. What truly makes ATH Token unique is its fully managed approach to ICO investments. The development team handles everything, from project analysis to transaction management, enabling investors to participate in promising projects without the hassle of managing every aspect of the investment.

Moreover, AthenaDexfi provides a hassle-free and risk-free investment experience. Any profits generated are sent directly to investors’ wallets, without the need for complicated steps or intermediaries. This has been demonstrated by the success of the Portal project, which has already brought good profits to investors.

With only $10,000 left to raise, now is the ideal time for investors to take part in the ATH Token presale. The AthenaDexFi team is ready to guide investors through every phase of the process, ensuring smooth and transparent participation.

In conclusion, ATH Token represents an unmissable opportunity for investors looking to participate in the future of cryptocurrencies. With its presale ongoing on AthenaDexFi, there has never been a better time to join the cryptocurrency revolution and reap significant benefits. For more information and to participate in the presale, visit the official website at athenadexfi.com.

Continue Reading

Altcoins

From Asia to Europe: Tracing MCoin’s Rapid Global Adoption

Published

on

In the rapidly evolving world of cryptocurrencies, MCoin has carved out a unique space for itself, standing out as a beacon of innovation and practical utility. Originating from the dynamic blockchain platform M20 Chain, MCoin has seen an exponential increase in adoption across continents, particularly in Asia and Europe. This article explores the trajectory of MCoin’s growth, the factors contributing to its success, and its impact on the global cryptocurrency landscape.

MCoin’s Foundations in Asia

The story of MCoin begins in Asia, where it tapped into the region’s burgeoning interest in blockchain technology and digital currencies. The Asian market, known for its receptiveness to technological advancements, provided the perfect launching pad for MCoin. The strategic deployment of MCoin within various sectors, including fintech and ecommerce, facilitated by the M20 Chain’s robust infrastructure, led to rapid adoption among both businesses and consumers eager for innovative transaction solutions.

Expansion Strategies and Market Penetration

Key to MCoin’s expansion was its strategic partnerships with major Asian tech companies and financial institutions. These alliances helped integrate MCoin into everyday financial operations, enhancing its usability and appeal. Marketing initiatives focused on educating the public about the benefits of blockchain and MCoin’s role in this new digital economy further fueled its adoption.

Breaking into the European Market

Leveraging its success in Asia, MCoin began making significant inroads into the European market. Europe’s strong regulatory framework for digital currencies offered MCoin a structured and stable environment to expand its operations. The transparency and security of M20 Chain, verified by independent audits, appealed to European consumers and regulators alike, facilitating smoother entries into these new markets.

Cultural Tailoring and Localization

A crucial aspect of MCoin’s strategy was its focus on localization. Understanding that one size does not fit all, MCoin adapted its offerings to meet the diverse cultural and economic needs of European countries. From multi-language support in the digital wallets to compliance with local financial regulations, MCoin tailored its features to enhance user experience, making it a preferred choice for European users.

The Role of Community and Continuous Innovation

At the heart of MCoin’s expansion strategy is its vibrant, engaged community. Forums, webinars, and workshops have played pivotal roles in building a loyal user base. Continuous innovation, such as the development of new blockchain functionalities and enhancements in transaction efficiency, keeps the community engaged and helps attract new users.

Future Prospects

As MCoin continues to expand its footprint globally, it remains committed to innovation and user satisfaction. Upcoming features, such as enhanced cross-chain integration and even greener blockchain solutions, are set to further boost MCoin’s attractiveness to a global audience.

Conclusion

From Asia to Europe, MCoin’s journey is a testament to the potential of cryptocurrencies to transcend geographical and cultural boundaries, reshaping how transactions are conducted globally. As it continues to grow, MCoin not only enriches its users’ financial operations but also contributes significantly to the maturation and sophistication of the global cryptocurrency market.

Stay updated on MCoin’s journey by following on CoinMarketCap and joining the growing community on social media. Discover how MCoin is setting the standard for digital currency innovation and global adoption.

Website: https://m20chain.com/
Follow us on Twitter: https://x.com/m20blockchain
Follow us on Linkedin: https://www.linkedin.com/company/m20chain
Follow us on Instagram: https://www.instagram.com/m20chain/
Follow us on Thread: https://www.threads.net/@m20chain
Like us on Facebook: https://www.facebook.com/M20chain

Continue Reading

Altcoins

CREAT’OR Shakes Up Equity Crowdfunding With Beta Stage ICO and StakeXchange Platform

Published

on

CREAT’OR (Crypto Related Equity And Token Operational Resources) has officially launched its highly anticipated Initial Coin Offering (ICO), currently in the BETA Stage, offering an incredible 85% discount on its CRET Token. This is a remarkable event in the company’s journey towards upgrading the Equity Crowdfunding industry via Web 3.0.

Within the tendencies of Web 3.0, CREAT’OR is designing an alternative crowdfunding platform that seamlessly blends blockchain technology with traditional financing models. This special approach brings transparency, efficiency, and democratic principles to the crypto crowdfunding space. Unlike traditional equity investments, CREAT’OR’s StakeXchange platform empowers investors to unlock, sell, or trade their equity positions directly within the project’s ecosystem, enhancing liquidity and opening new avenues for engagement and growth.

James Galler, Co-founder and Managing Director of CREAT’OR, highlighted the company’s commitment to innovation, stating, “Within the realm of Web 3.0, CREAT’OR is leading the charge with our groundbreaking crowdfunding platform. Our approach seamlessly blends blockchain technology with traditional financing models, ushering in an era where transparency and efficiency meet democratic principles in the crypto crowdfunding space. As co-founder and Managing Director, I’m proud to say that we’re not just facilitating funding accessibility for businesses of all sizes; we’re also offering investors a diverse array of transparent investment opportunities. But what truly sets us apart is our innovative StakeXchange platform. Unlike traditional equity investments, StakeXchange empowers investors to unlock, sell, or trade their equity positions directly within the CREAT’OR ecosystem. This unique feature not only enhances liquidity but also opens up new avenues for engagement and growth. At CREAT’OR, we’re not just closing gaps; we’re blazing trails in the digital economy, shaping the future of financing one innovative step at a time.”

About CREAT’OR

The competitive advantage of CREAT’OR lies in its innovative fusion of blockchain technology with traditional financing models. This distinctive blend positions CREAT’OR as a transparent, secure, and accessible hub for funding, while simultaneously offering diverse investment opportunities. By seamlessly integrating blockchain into its platform, CREAT’OR ensures immutable records, transparent transactions, and heightened security, instilling confidence among both businesses seeking funding and investors. Moreover, this integration expands the investor base to include enthusiasts of cryptocurrency and blockchain innovations. The company’s hybrid approach not only enhances transparency and security but also provides a wide array of investment options, catering to various investor preferences. In essence, CREAT’OR serves as a bridge between the traditional financial world and the evolving blockchain ecosystem, setting itself apart in the competitive environment and fostering a more inclusive and dynamic future for crowdfunding and investments.

For more information about the project please visit the official website, read their whitepaper, and refer to the specified communication channels:

LinkedIn https://www.linkedin.com/company/creator-cret/
X/Twitter https://x.com/Creator_CRET
Telegram https://t.me/creator_announcements
Youtube http://www.youtube.com/@Creator-CRET
Discord https://discord.gg/X3wuYqSr
Zealy https://zealy.io/cw/creator-6978/

Continue Reading

Altcoins

BitVM-Based Bitlayer’s $50M Developer Incentive Airdrop Program Brings in Over 800 Projects

Published

on

Bitlayer, the first Bitcoin Layer 2 based on the BitVM paradigm, is currently working on building the largest Bitcoin Layer 2 ecosystem.

According to official data, the $50 million developer incentive airdrop program launched by Bitlayer has already attracted more than 800 projects to sign up. These projects encompass a variety of categories, including infrastructure, DeFi, NFTs, memes, SocialFi, cross-chain bridges, and wallets.

Additionally, Bitlayer has launched a popularity ranking list for projects during the preparatory phase in order to visualize the community activity of the project parties. Before voting ends on May 10th, users can actively participate in voting to earn Ready Player One Campaign Points. Concurrently, the project team can build up popularity points, which will contribute to an advantageous position in the official Bitlayer leaderboard rankings. As of now, the event has attracted over 5 million votes.

What is Ready Player One?

Ready Player One is an open incentive program designed to distribute token rewards valued at over $50M to protocols and teams that stand out for their deployment on the Bitlayer mainnet, helping them gain industry exposure, funding, and acceleration of community and business growth.

The Ready Player One developer incentive airdrop program is divided into four phases:

Registration Epoch: March 29th to May 10th.

Projects will complete their event registration and join the Bitlayer builder group.

Preparation Epoch: April 23rd to May 10th.

Community members can accumulate Ready Player One points and have a chance to gain a Bitlayer Lucky Helmet NFT. Project teams are encouraged to gather community resources through voting to increase their awareness and support.

Competition Epoch: Estimated Duration from May 11th to July 11th

Project teams will participate in leaderboard competitions as well as an accelerator program to compete for developer airdrop rewards and grants.

Reward Settlement and Issuance Epoch: Starting May 11th

Based on the competition’s outcome, Bitlayer will tally points and distribute rewards following the end of the competition.

In addition to generous token rewards, Bitlayer commits to providing comprehensive ecosystem support for all projects, offering the following resources to builders:

  • Potential investment from the foundation and institutions
  • Initial liquidity support
  • Comprehensive product development resources
  • Mentorship and pitch opportunities from top-tier incubators
  • Support from the Bitcoin community and OGs
  • Ecosystem collaboration and co-creation

All teams participating in Ready Player One are eligible to apply for these resources. Bitlayer will regularly announce a list of projects receiving Bitlayer’s support, ensuring that their innovations receive the growth and resources they deserve.

How are Airdrop Rewards Distributed?

Bitlayer developer airdrop rewards will be distributed through a combination of leaderboard competitions and an accelerator program.

Leaderboard competition

Based on the principles of fairness, openness, and transparency, Bitlayer will establish a leaderboard for all successfully registered projects. Bitlayer Dapp Points will be calculated and updated daily based on a variety of metrics, including Total Value Locked (TVL), trading volume, number of transactions, product strength, number of active users, retention rate, activity level, and popularity.

The more Bitlayer Dapp Points a project accumulates, the higher its ranking will be. Bitlayer will distribute the rewards uniformly at the end of the competition.

Accelerator program

To provide more targeted support for crypto entrepreneurs, we will launch the Bitlayer Accelerator Program concurrently with the start of the Bitlayer Ecosystem Leaderboard Competition. This program is open to all participants of the developer incentive airdrop program, and successful registration will automatically place you on the shortlist for the accelerator, eliminating the need for a separate application.

To ensure a higher level of transparency and fairness in the selection process, Bitlayer plans to establish a jury comprising organizations such as the Bitlayer Foundation team and many leading web3 VCs such as ABCDE Capital. The jury will professionally assess and vote based on various dimensions including project category, team background, and community engagement.

Bitlayer intends to hold monthly selections, with projects that secure the most votes receiving token airdrop rewards of up to $3 million. The distribution of all rewards will cease once they have been fully disbursed.

The Leaderboard Competition and Accelerator Program will not only bring outstanding teams to the forefront but also provide a differentiated incentive mechanism to help startups achieve a successful launch and secure growth within the Bitlayer ecosystem.

About Bitlayer

Bitlayer is the first Bitcoin Layer 2 solution based on the BitVM paradigm. Bitlayer’s core objective is to address the trade-off between security (trustlessness) and Turing-completeness in BTC layer 2 through cryptographic innovations and blockchain protocol engineering.

Bitlayer is committed to becoming the computation layer for Bitcoin, aiming to introduce ultra-scalability to Bitcoin while inheriting its security, providing users with a high-throughput, low-cost transaction experience.

Continue Reading

Altcoins

Royal Finance Coin Pre-Sale Announced: An Environmental-Friendly Investment Opportunity Prioritizing Long-Time Value Growth

Published

on

Royal Finance Coin (RFC) has announced the commencement of the pre-sale of its much-awaited token, offering early investors a chance to join the project at a favorable entry point. The brainchild of financial experts from the crypto industry, the RFC token is strategically positioned for high growth, backed by tangible assets, and committed to sustainability, making it a pioneering investment opportunity.

Post-pre-sale, RFC vows to reinvest in state-of-the-art crypto mining machines housed within Aruba.it’s premier data centers, exclusively powered by renewable energy sources. This initiative underscores RFC’s pledge to sustainable mining practices, ensuring a greener future for digital finance.

RFC’s strategic investment insights project significant asset generation, with each mining machine capable of producing cryptocurrency worth one Bitcoin monthly. This deliberate injection of value enhances RFC’s token worth, fostering steady appreciation in the market.

Mined cryptocurrency is reinvested into RFC’s liquidity pool, bolstering token stability and growth. This strategic move not only ensures continuous asset backing but also drives value and stability in the cryptocurrency market.

RFC offers a staking program for token holders, providing competitive Annual Percentage Yields (APY) and monthly rewards. This initiative fosters community engagement, contributing to RFC’s ecosystem stability and growth.

RFC announces plans to establish an international hub in Dubai, marking a significant milestone in its global expansion journey. Details of this venture will be unveiled in due course, reflecting RFC’s ambition to solidify its presence in the global market.

RFC’s innovative solution aims to replace traditional mining farms with a decentralized, low-energy-impact system, ensuring sustainability and cost-effectiveness.

Through local cluster nodes, RFC intelligently connects to primary pool services, optimizing hash accumulation and reducing electricity consumption.

RFC’s roadmap outlines strategic milestones, including the pre-sale, public sale, mining operations kick-off, and setting up an international hub in Dubai, paving the way for exponential growth and market expansion.

With yearly revenue goals of $6 million to $7.2 million from mining operations and market cap milestones aiming for exponential growth, RFC promises lucrative returns and sustainable growth prospects.

Royal Finance Coin (RFC) epitomizes the fusion of technology, sustainability, and investment opportunity, offering a compelling case for investors seeking long-term value growth and environmental responsibility.

Join RFC’s journey at https://rfcofficial.io and become part of a revolution in digital finance.

To learn more, read the whitepaper at: https://whitepaper.rfcofficial.io/

Join the conversation at:
Telegram: https://t.me/+bnQiqbu07zI4ZWQ0
X (formely Twitter): https://twitter.com/rfcoinofficial
Instagram: https://www.instagram.com/rfccoinofficial

Continue Reading

Altcoins

Numun Ecosystem Launches to Bring a Complete Set of Apps for Real-World Assets On-Chain

Published

on

The Numun Ecosystem today launches, comprising applications Num and Vectium and offering a structured approach to real-world asset (RWA) tokenization and lending on the Ethereum network.

Num, the first app of the Numun Ecosystem, is a Bermuda-based tokenization company, that specializes in tokenizing traditional finance (TradFi) assets, including ETFs, stocks, and bonds. In 2023, Num successfully closed a USD 1.5 million pre-seed funding round to work on its first MVP, emerging market stablecoins, which garnered 500,000 users within its first year. Num now aims to achieve global reach by tokenizing TradFi assets into fully backed, permissionless forms known as nTokens, bridging the gap between the TradFi and DeFi realms.

The second app in the Ecosystem is called Vectium, an innovative RWA lending protocol that harnesses the power of nTokens to facilitate financial interactions, enabling users to lend and borrow stablecoins against nTokens and soon more RWAs. This system also supports users in leveraging and hedging TradFi assets in a manner that is both permissionless and secure.

Speaking on the launch, Agustin Liserra, CEO of Num Finance, said, “Numun ignites the power of synergy between transparency and innovation. Our commitment lies in steering the course of finance towards a future where accessibility, security, and empowerment are not just ideals, but everyday realities for DeFi users. As we unveil Numun to the world, we stand on the brink of a new financial era – one that we are proud to shape and lead.”

Central to orchestrating the Numun Ecosystem is the Numun Token, which employs a unique value accrual mechanism. Up to 40% of the revenue generated by the lending protocol is allocated to a buy-back-and-burn strategy for the Numun Token. The Numun token will be used across all of the apps within the ecosystem, ensuring its value is intrinsically linked to the success of Numun as a whole.

Numun Ecosystem is partnering with Impossible Finance to bring the Numun Token to the market, Calvin Chu, Co-Founder, and Core Builder of Impossible Finance, expressed excitement about partnering with Numun and supporting their mission of bridging traditional and decentralized finances. Calvin said, “Num’s and Vectium’s approach to bringing permissionless tokenized assets is the correct way to maximize interoperability. The strategy to bring a wide coverage of financial products on-chain is definitely filling a gap in the current landscape.”

Speaking on the significance of the development for the DeFi ecosystem, Alex Kruger, Advisor and Strategic Director at Num Finance, said, “The Numun ecosystem represents the culmination of our enduring commitment to reshaping the DeFi landscape. After years of meticulous work, we are introducing an on-chain ecosystem that makes real-world assets the epicenter. This is the advancement that the DeFi space has been waiting for — a transformative step in aligning the reliability of traditional assets with the innovation of decentralized finance.”

Agustin Liserra, CEO of Num Finance, is available for interviews.
Alex Kruger, Advisor and Strategic Director at Num Finance is available for interviews.

About Num Finance

Num Finance is a Bermuda-based technology firm at the forefront of real-world asset (RWA) tokenization. By facilitating the conversion of traditional financial assets into digital tokens, Num Finance integrates these assets with the decentralized finance (DeFi) sector. Focused on security, transparency, and accessibility, Num Finance enables broader access to financial markets and improves liquidity through innovative financial services. Committed to compliance and effective risk management, Num Finance adheres to strict regulatory standards, ensuring a trusted and stable platform for investors navigating the evolving landscape of digital finance.

For more information, visit num.finance

Continue Reading

Altcoins

Xuirin Finance a pioneer for DeFi card – presale stage 1 sold out

Published

on

Xuirin Finance has recently presented its DeFi card, an innovative solution designed to merge the functionalities of traditional debit and credit cards with the decentralized financial services provided by DeFi. The introduction of this card aims to facilitate daily transactions using cryptocurrencies, enhancing their integration into the global payment ecosystem.

Overview of Xuirin Finance’s DeFi card

The DeFi card from Xuirin Finance allows users to engage in a variety of financial transactions, including online purchases, bill payments, and cash withdrawals at ATMs, using cryptocurrencies. This initiative is part of Xuirin Finance’s efforts to increase the accessibility and practical use of digital currencies in everyday financial activities.

Presale stages and token distribution

During the initial presale stage, Xuirin Finance offered 15 million tokens at a price of $0.03 each, reaching a funding cap of $450,000. Following the completion of Stage 1, the company is preparing for the second stage of the token presale, which involves offering 25 million tokens priced at $0.04 each, with a funding goal of $1 million.

Xuirin Finance’s $500K mega giveaway

In conjunction with its ongoing presale, Xuirin Finance has announced a Mega Giveaway, totaling $500,000 in prizes. This giveaway includes substantial rewards for 20 winners, designed to engage and expand the community around Xuirin Finance’s offerings. Participation in the giveaway requires a minimum investment in the presale, with additional engagement opportunities provided to enhance winning chances.

Key geatures of Xuirin Finance’s offerings

Xuirin Finance has integrated several features into its DeFi card, focusing on enhancing the practicality of cryptocurrencies for everyday transactions. These features include seamless online shopping, bill payments, and ATM withdrawals with digital currencies. The initiative reflects the company’s aim to improve the infrastructure supporting the broader adoption of decentralized finance technologies.

This section still highlights the value provided by Xuirin Finance, but in a way that sticks strictly to describing features without implying enthusiasm or encouraging investment.

Future outlook for Xuirin Finance

As the presale progresses and Xuirin Finance continues to enhance its services, the company is focused on broadening the practical use of cryptocurrencies in everyday financial transactions. This initiative aligns with ongoing developments in the cryptocurrency sector aimed at enhancing user accessibility and convenience.

About xuirin

xuirin Finance is a groundbreaking DeFi platform dedicated to transforming the decentralized finance landscape. With a mission to bridge the gap between traditional finance and DeFi, Xuirin introduces innovative solutions such as DeFi Debit Cards, AI-Enhanced P2P Lending, and a secure, multi-chain DeFi Wallet. Designed for accessibility and user empowerment, Xuirin aims to redefine financial transactions, making them more efficient, transparent, and inclusive.

For additional information on Xuirin Finance and to participate in the ongoing presale, users can visit:

Website: https://xuirin.com/
Linktree: https://linktr.ee/xuirin

Continue Reading

Altcoins

MoneyBagTrading Launches MoneyBagToken – A Gateway to Exclusive Trading Analytics

Published

on

The MoneyBagTrading team has announced the launch of its highly anticipated MoneyBagToken. This new cryptocurrency will grant holders access to the innovative MoneyBagTrading platform, offering exclusive trading analytics in a user-friendly format.

The project foresees a private beta launching later this year and a public release planned for 2025. MoneyBagToken intends to give traders an edge in the crypto market. The project has already partnered with top industry players and has a clear roadmap for future developments.

The Launch of MoneyBagToken

The launch of MoneyBagToken ($MNYBG) has the main appeal as a utility token that grants access to the MoneyBagTrading platform. This platform contains actionable data for traders, presented in a useful way.

An automated system will determine price action and identify good entry zones.

To buy $MNYBG, traders can get an AVAX wallet from traderjoexyz.com and swap $AVAX for $MNYBG. The token maximum supply will be 100M, with a 10% allocation for the development team and no presale or ICO.

The project will lock liquidity and implement a 1.5% trade tax to support the token’s growth and stability.

During the beta stage, token holders will have exclusive access to the platform. This is the immediate benefit and incentive for buying $MNYBG in the short term. The platform plans to attract more traders and increase demand for $MNYBG in the long run.

Future Projects

The project’s roadmap has four phases. The first phase, which is already over, involved releasing the $MNYBG token.

Currently, the project is in phase two, focused on marketing efforts to gain more exposure for the token. In 2024-2025, phase three will see the release of the MoneyBagTrading platform. This will represent the project’s core, offering users a platform to trade and utilize their $MNYBG tokens.

Phase four will take place in 2025. At this point, the team plans to continue developing trading tools and releasing the $MNYBG token on Centralized Exchanges (CEXs).

About MoneyBagTrading

MoneyBagTrading is an upcoming platform aiming to assist users in making smarter trading decisions by providing actionable data in crypto. The platform will launch in 2025, starting with a private beta for selected token holders and then a public release. MoneyBagTrading has partnered with notable platforms like dextools.io, dexscreener.com, and traderjoexyz.com.

The platform will provide instant indications of bearish or bullish trends through collected data from the cryptocurrency market. This will give users the advantage of making informed decisions without needing a deep understanding of raw data.

With MoneyBagTrading, users can expect a user-friendly experience in navigating the complexities of the crypto realm. Furthermore, the platform’s partnership with established platforms ensures larger adoption and popularity for the project.

Continue Reading

Altcoins

AI project Dtec token announces reaching USD 2 million in seed round and going for pre-sale in April

Published

on

Dtec token, the native payment project of Dtec Technology, an artificial intelligence ecosystem, announced that it has reached USD 2 million in Seed round and will be holding their pre-sale in April.

Dtec is a project that claims to take driving experience in vehicles to the next level with its software that consists of its native modules and innovative technology in the field of artificial intelligence. The software enables driver to manage both the vehicle and all IoT devices connected with voice commands on the go. At the same time, the software’s artificial intelligence has an autonomous learning feature that uses driver’s data and environmental information. Thus, it can make predictions and take useful actions without requiring voice commands.

Dtec token; As a reward mechanism for in-vehicle data sharing, provides utilities such as the ability to purchase AI services within the App and to use electric charging stations for free or with priority.

The project, which is at the end of the Seed Round, announced that it will enter the private sale process in the first week of April and will be listed on tier 1 exchanges in May. At this point, exchanges such as bitget and bybit are being discussed.

Dtec CTO said, “Dtec artificial intelligence vehicle assistant software is a project that has been developed for 8 years and has received government support. Now we are integrating this software with the blockchain world and incentivizing data sharing with dtec token payment. Unlike all other projects, ours is an ecosystem which is completely ready and available for retail sale and use. We are also in talks with some of the world’s leading automotive companies.”

For more information on this project that brings together the automotive industry and artificial intelligence;

Twitter: https://twitter.com/DtecToken
Telegram : https://t.me/DtecTokenChat
Website Main: https://dtec.space

Continue Reading
Advertisement
Advertisement

Trending