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Mingo Reaches Agreement with Hedera on Use of Hashgraph Technology

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The crypto messaging and e-commerce project Mingo, a multi-channel messenger app with big plans for expansion, and Hedera, the creator of hashgraph technology, have agreed to collaborate on the creation of a fast, new generation messaging platform that will include a plugin economy, e-commerce, and cryptocurrencies.

Mingo is a free message aggregation app designed to reduce missed messages and delays in response time, and eliminate confusion due to message overload by combining messages from your contacts into one convenient conversation stream, regardless of which messenger they may be using. The app currently supports seven messengers (Facebook, Twitter, Skype, Slack, Steam, Discord, and IRC Cloud), but the team at Mingo plans to add others in future such as Telegram, WhatsApp, Instagram, Google Hangouts, and more. The app will automatically arrange your messages by contact name across all these messengers, making Mingo the only place you will need to look to find all your messages.

In addition to the message app, Mingo also plans to build a plugin economy on its platform. Merchants and service providers from a wide variety of industries (hotels and hospitality, gaming, shopping, mobile operators, and transportation services to name just a few) will be able to use plugins to sell their goods and services to the Mingo community. Platform users will be able to opt-in to the plugins they want, without being forced into those that they do not. The goods and services sold will be denominated in MingoCoin, the platform’s utility token. The use of the MingoCoin will streamline the purchase process, with the token being the only means of payment required while introducing cryptocurrency to the mainstream market in the process. A small portion of the revenue generated will be shared with the Mingo ecosystem for its services.

To make sure that these plans can be brought to fruition, Mingo has decided to team up with Swirlds. The hashgraph consensus algorithm developed by Hedera Co-Founder and CTO Leemon Baird is both fast and secure. Its totally new protocol allows decentralized communities to reach a consensus on the order in which transactions occurred. Once the consensus has been reached, no single individual can manipulate the established order. This, together with its transparency, makes hashgraph secure. It is also fast. Its ability to process 250,000 transactions per second far surpasses bitcoin’s limit of seven transactions per second.

“In today’s hurry-up world, everyone is looking for speed,” says Mingo CEO Joe Arthur. “However, speed must not come at the cost of security. That is what makes Hedera’s technological solution perfect for our ecosystem. It is an ideal blend of both qualities, and we are pleased to be able to apply the power of the hashgraph protocol to help take Mingo to the next level.”

The cooperation between the companies does not stop there. Ken Anderson, the CTO at Mingo and an experienced system designer and Solidity smart contract developer, recently joined Hedera as Lead Developer Advocate, thereby putting the partnership on even firmer footing.

 

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Beowulf Blockchain Listing to Decentralize the Blockchain Ownership

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Beowulf Blockchain, the pioneer of the decentralized cloud network for communication services, announced the listing of its blockchain coin on Bittrex Global exchange starting on Sept. 24, 2020 at 8 p.m. (Singapore time or GMT+8). In recent years, Beowulf has achieved significant progress, added value to a wide range of business sectors, and served millions of users, regardless of their physical location. Beowulf Blockchain has also forged partnerships with hundreds of prestigious educational institutions and corporations worldwide to deploy QUICKOM, TUTORICA, BIPLOMA, and other advanced technology platforms.

Some of Beowulf’s customers and partners include world-renowned universities such as Fulbright University and high-ranking national universities in Vietnam, the long-established and largest taxi group in Vietnam – Mai Linh Group, a wide range of leading healthcare providers such as MD24 House Call, and a suite of others seeking customizable, deployment-ready communications products. Beowulf has recently established strategic partnerships with FHL Games, the leading games and digital contents distributor in Latin America, which provides popular games like PlayerUnknown’s Battlegrounds, also known as PUBG, and League of Angels III to their 20 million users on Kaybo.com.

Beowulf is now ready to achieve far-reaching impacts and secure its mission of empowering users in all aspects of their lives. By listing its own coin BWF, Beowulf will decentralize the ownership of the blockchain and provide a unique opportunity for people and organizations around the world to become supernodes. This will allow Beowulf Blockchain to distribute 100 million BWF coins (worth $1M USD) to the community within 2 weeks after the listing. In addition, Beowulf will work with the exchanges to establish a supernode network. Users of the exchanges can stake their holdings together to form supernodes; thus, earning block rewards (BWF coins) and transaction fees (W coins) from the Beowulf Blockchain, following the DeFi model, will be as simple and seamless as possible.

“We want to position our BWF coin as the membership passport to all supporters of our various products and services coming on stream now and in the future. With the support of industry-leading partners, Beowulf Blockchain will be able to completely disrupt the enterprise communications industry by providing a better video-quality, more efficient, and lower-cost video conference services to end-users worldwide,” said Dr. William H. Nguyen, CEO of Beowulf Blockchain.

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Dapper Labs and Circle to Transform Purchase Experience for Media & Entertainment on new Flow Blockchain

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Circle, a leading global financial technology firm, and Dapper Labs, creators of CryptoKitties and company known for building accessible sports, entertainment and consumer experiences on blockchain technology, today announced a partnership that will enable fans to buy and sell digital collectibles using credit and debit card payments that settle in USD Coin (USDC), the fastest-growing, fully-reserved and regulated digital dollar stablecoin.

To date, buying and selling virtual goods and digital collectibles on blockchains has relied on cryptocurrency payments. With today’s announcement, Dapper Labs’ Flow apps will add traditional payment options with broader mainstream appeal, removing friction and accelerating adoption. The move also provides the firm with the business benefits of game proceeds in USDC digital dollars, including global payments that settle rapidly, which are irreversible, highly secure, and redeemable 1:1 for US dollars from banks in more than 80 countries.

“We’re proud to work with Circle in building an amazing payments experience for all our customers on Flow, starting with NBA Top Shot,” said Roham Gharegozlou, CEO and co-founder of Dapper Labs, “Circle’s payment technology combined with the performance of our new network, Flow, means any developer can build crypto-enabled applications without sacrificing user experience.”

“Dapper is a true pioneer in media and entertainment seizing decentralized blockchain technologies to provide consumers with experiences never before possible,” said Jeremy Allaire, CEO and co-founder of Circle. “We are proud to be part of the story, enabling Dapper customers to fully participate in unique and highly engaging digital game economies with familiar methods of sending and receiving payments, while also getting the benefits of digital currency.”

About Circle

Circle is a global financial technology firm that enables businesses of all sizes to harness the power of stablecoins and public blockchains for payments, commerce and financial applications worldwide. Circle’s platform has supported over 100 million transactions worth tens of billions of dollars, with nearly 10 million retail customers, over a thousand businesses, while storing and securing more than $5 billion in digital currency assets. Circle is also a principal developer of USD Coin (USDC), which together with Coinbase and the Centre Consortium oversees the standards and protocol for what has become the fastest growing, regulated, fully-reserved stablecoin. USDC now stands at a 2 billion market cap and is adding nearly 200 million net new digital dollars in circulation every week. Today, Circle’s transactional services, business accounts, and platform APIs are giving rise to a new generation of financial services and commerce applications that hold the promise of raising global economic prosperity for all through programmable internet commerce. Learn more at https://circle.com.

About Dapper Labs

Dapper Labs is the creator of Flow and some of the world’s most popular decentralized apps CryptoKitties and NBA Top Shot. They are also creators of the Dapper Wallet, the first smart contract wallet. Formed in February 2018, Dapper Labs is building a fun, fair, and free world through blockchain gaming. With over $50M in financing, notable investors in Dapper Labs include Andreessen Horowitz, Union Square Ventures, Venrock, GV (formally known as Google Ventures), and the founders of Dreamworks, Reddit, Coinbase, Zynga, and AngelList, among others. For more information on Dapper Labs, visit www.dapperlabs.com.

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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.

01

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.

03

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.

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Tencent Uses Blockchain Technology to Improve Transparency in Annual Internet Charity Campaign

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Tencent pledges the use of blockchain technology in its biggest annual philanthropic campaign to ensure data traceability and enhance transparency in charitable programs, taking the lead in leveraging technology to promote sustainable development of public welfare sector. Tencent kicked off its “99 Giving Day” campaign on September 7th, with a focus on public participation, inclusion and transparency. Blockchain technology will be applied to all fundraising projects during this year’s three-day online charity campaign.

“Tencent has extensive experience in the application of blockchain technology, such as in the tax field. Blockchain has the power to make public welfare initiatives more transparent and more digitalized. There is no need to worry about issues like ‘data tampering’,” explained Ge Yan, secretary-general of Tencent Charity Foundation, expressing her confidence in the application of blockchain technology in online charity activities.

In fulfilling its corporate mission of “Value for Users, Tech for Good”, Tencent also launched a tech support platform this year to help charity partners better leverage digital capabilities in implementing their philanthropy projects. The Chinese Internet giant announced a “Public Welfare SaaS Project” to open up some internal technologies to outside partners through open-source cooperation, in an initiative to digitalize and move projects to the “Cloud”. According to the latest statistics, 50 organizations have already joined the partnership. This number is expected to exceed 100 by the end of the year.

This year’s “99 Giving Day” comes at a time when social welfare is more important than ever for holding together and supporting each other as the COVID-19 pandemic continues to affect people from all walks of life.

Tencent Charity Foundation will use 299.99 million yuan of funds to match donations from the public. An additional 100 million yuan will be donated as a non-targeted charitable contribution. This marks Tencent’s sixth year leading the charity campaign, connecting hundreds of thousands of NGOs, enterprises and different sectors of the community for joint participation.

In addition, Tencent will allocate 200 million yuan of funds from its Anti-Pandemic Funds to help public welfare organizations recover from the epidemic, favoring those with a proven track record, as well as outstanding performance in this year’s campaign. Tencent set aside the new funds from its 1.5-billion-yuan in domestic funding, which was announced earlier this year to help fight the epidemic.

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Ideaology Starting First Phase of ICO

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The Swiss-based startup is initiating the first phase of the IDEA (their new cryptocurrency) Initial Coin Offering – October 1st. Connecting project owners, industry professionals, freelancers, and investors on the same platform, Ideaology will allow them to develop their project efficiently, but also let them cooperate or partner up with other projects on the platform, and receive special funding and guidance from the Ideaology team.

The IDEA token will be the crucial part of the platform, as all transactions will be done through it. Additionally, IDEA will allow members of the community to be a part of all the processes that take place on the Ideaology platform, such as supporting other projects, investing their tokens further, using them to vote for projects that should get special funding, etc.

Starting from October 1st, Ideaology is issuing a limited amount of 6 million IDEA tokens at the private sale, which will be the first of 3 phases of the ICO. The private sale phase will last for 30 days and the early investors will be able to buy the tokens at a 40% lower price compared to the regular token price in the public ICO phase, as well as gain special benefits depending on the investment amount.

The company was waiting to finish developing their product prototype, as well as their recent listing as one of the Swiss Crypto Valley official members, to announce the ICO dates.

“We have made sure to finish our product prototype before entering the crowdfunding stage, as that was one of our postulates from the start. We want everyone involved to be able to see and imagine what we are building as well as where we are at the moment,” explains Ideaology Founder and CEO Khaled Alkalbani.

October 1st is an essential date for all who wish to be involved with this Startup project from the beginning and gain Early Investor status as their private backers.

After the private sale, Ideaology is commencing the ICO pre-sale scheduled for December 1st, 2020, before going into the public ICO stage starting February 1st, 2021. Each ICO stage will last for 30 days. Purchasing IDEA tokens will be possible through Bank cards, Bitcoin, Ethereum, Tether, Ripple, and Litecoin.

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8Hours Foundation Announces Launch Date of VIMworld, A Smart NFT Collectible & Gaming Platform

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At 8Hours Foundation, our mission and vision is to rekindle social bonds between friends and family with 8 hours of play per week. Using blockchain technology, our VIMworld.com platform of collectibles and games will be placing social interaction at the forefront. On August 21 2020, 15:00 UTC, you can access VIMworld through the VeChain Mobile Wallet, Sync Desktop Browser, or Google Chrome-based browsers with the Comet Extension installed.

VIMworld.com will be the only place to interact with our Smart NFTs, known as VIMs. NFTs are unique, blockchain-based tokens that represent and prove the ownership of an object or collectible.

Using innovative NFC/RFID technologies, we have made it possible to attach VIMs to physical objects such as toys, cards, game pieces, figurines, and more. VIMs can also function as an authentication and ownership system for real-life objects, and they will be represented in VIMworld.

All of your collectible’s experience and journey will be recorded on the VeChainThor blockchain, making each of them unique and valuable. From gameplay data, its history of being won during a raffle, being part of a limited edition toy line, to being given as a gift to your child on their birthday… all of these make up the digital soul of your collectible.

VIMworld Launches To An Already Successful Ecosystem & Community

The VIMworld launch will be a huge milestone for the 8Hours ecosystem of collectibles and community. In just a year with low profile growth marketing, the ecosystem has expanded to over 2,100 community members, with over 7,000 VIM collectibles existing and in circulation.

VIMworld will allow these community members to interact with their collectibles directly, creating new value and experiences. Existing collectibles held by our community are already valued at over $600 each for a large amount of VIMs (approximately 800 and counting).

Given that the ecosystem is already established and successful with more VIMs being planned to be released, VIMworld is on its way to become the most adopted and collected digital collectibles platform, overtaking CryptoKitties’ success in 2017. The success of VIMworld as development continues will truly be unprecedented in the digital collectibles industry.

VIMworld Early Access Opens Its Doors on August 21, 2020

VIMworld Early Access is the first step to realize our journey of the world’s most exclusive ecosystem of collectibles and games.

On August 21 2020, 20:00PM (PDT), users will find a variety of features at launch, all of which are core experiences and functionalities of VIMworld.

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DeFi Token WGRT Hit the New High 2020

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DeFi WGRT

As NewsBTC reported, Tron’s fomer Cofounder joined WaykiChain DeFi project as the Strategic Marketing Advisor. At the mean time, the DeFi token WGRT moon to 500% on August 13th (UTC Time).

Though It has been claimed that after the shocking rocketing wave of DeFi token WGRT on OKEx, the market might potentially have its correction.

However, the price shown on OKEx Exchange of WGRT shows a great new high, breaks the record the ROI 500% to almost 600% and keeps its trend substantially skyrocketing towards 1000%.

The token design of DeFi token WGRT with its low circulation rate in marketing less than 10% and the marvelous market speculating as well as the crazy investors based in HongKong and China will push the WGRT to a higher level which will lasts at least 10 months.

The new member from Tron will cause a gravity effect to attract more investors rushing to the race of DeFi WGRT, stared by Vincent, Global Partner of Hong Kong WaykiChain Technology Ltd.

6 Tips You Need to Know About DeFi WGRT

1. Low circulation supply less than 10% and huge market value.

2. WGRT will be constantly repurchased and destroyed to increase the users’ benefits with its DeFi yield farming design.

3. WGRT is a deflationary token, and the rise WGRT price can be maintained for about 1 year.

4. WGRT has strict control over the market value and the price is bound to rise. The price does not follow the market fluctuations.

5. During the process of ‘3-12’ collapse, the whole system had stood the test with no congestion and bad debt without issuing additional tokens.

6. Huge users in China and Hong Kong more than 2 Million WaykiChain followers since 2017.

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Digital currency security firm CYBAVO introduces Bitcoin SV support to suite of enterprise products

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CYBAVO, the digital currency security and asset management firm, today officially announces support for Bitcoin SV (BSV) across its suite of enterprise products.CYBAVO offer a range of services for businesses to securely store and manage their digital assets, including private key storage, enterprise management services and digital currency custody solutions. Their product offering is headlined by CYBAVO VAULT, an enterprise storage and wallet management platform, which facilitates enterprise-level banking features for corporate customers across several leading digital currencies.

Bitcoin SV support has been officially added to CYBAVO VAULT, as well as CYBAVO Wallet SDK – a solution for streamlining the development of digital currency wallets for enterprise clients.

The move to add Bitcoin SV support comes as uptake of the BSV digital currency continues to rise, driven by the diverse applications powered by its blockchain. Through unbounded scaling, its blockchain offers low-fee peer-to-peer payment transactions and greater data capacity, enabling advanced functionalities such as tokens, smart contracts and IoT communications, as well as enterprise applications. The Bitcoin SV ecosystem has grown to now count more than 428 known projects and ventures.

Speaking on today’s announcement, Paul Fan, CEO of CYBAVO commented:

‘Bitcoin SV aims to broaden the adoption of blockchain for enterprise use cases.. At CYBAVO, we share the same vision of scalable and business-ready blockchain solutions that spark adoption by enterprises and the general public, so it is only logical for us to add Bitcoin SV support to our digital asset custody platform CYBAVO VAULT and our mobile wallet SDK.’

Also speaking on today’s announcement, Jimmy Nguyen, Founding President of Bitcoin Association (the global industry organization that supports Bitcoin SV), said:

‘With the continued growth that we are witnessing across the Bitcoin SV ecosystem, enterprise-grade solutions for digital asset security and management, like those offered by CYBAVO, will be increasingly in demand. As big businesses build their applications on Bitcoin SV because of its massive scaling capacity, they will generate high volumes of BSV microtransactions and need secure wallets to manage high coin traffic in daily operations. We are pleased that CYBAVO is providing Bitcoin SV businesses another strong option for their security and asset management needs.’

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LCX and Chainlink Collaborate to Provide Credible Reference Prices for Cryptocurrencies

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LCX and Chainlink are collaborating to provide transparent and verifiable reference price services for decentralized finance applications (DeFi) and the token economy. LCX has developed its own proprietary data generation methodology and as a data-provider will publish its reference prices and accompanying methodology on the blockchain using Chainlink’s decentralized price oracle technology. This combined framework will give institutional entities access to secure, reliable, transparent, and compliant blockchain-based price feeds.

LCX is set to become a Data Provider to the Chainlink network to provide reliable daily reference prices for digital assets. Cryptocurrency reference rates are often used as the basis for daily exchange rates in traditional transactional platforms and decentralized financial (DeFi) applications, as well as to assign valuation to assets in corporate financial statements, tax returns, statistical reports, digital assets analyses, and more.

Due to Chainlink’s secure, reliable, and open-source infrastructure, LCX is able to publish its credible reference prices on the blockchain in an easily verifiable and immutable manner. LCX’s credible reference prices are then available to be used by DeFi applications, traditional financial infrastructure, enterprises, governments, and more dealing with digital assets.

“We are providing new infrastructure that allows traditional finance the ability to service DeFi applications and interact with digital asset products,” said Daniel Kochis, Head of Chainlink Business Development. “We are excited to work with LCX to deliver credible data sources to our ecosystem, which opens them up to a wide variety of users and markets.”

LCX is headquartered in Vaduz, Liechtenstein, a reputable international financial center that has introduced a legal framework for blockchain companies, referred to as the “Blockchain Act”. LCX has launched the LCX Cryptocurrency Reference Price Services, which provides a credible daily reference price to the marketplace and enhances market participants’ risk management of digital assets. LCX Cryptocurrency Reference Price Services are designed to help accelerate the professionalization of digital asset trading.

“Transforming the cryptocurrency market into a mature token economy requires reliability and integrity in cryptocurrency reference rates,” said Monty C. M. Metzger, CEO, and Founder of LCX. “Utilizing Chainlink allows us to deliver our compliant reference rates via an on-chain oracle network as a public good for individuals and institution alike.”

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Narkasa, an Innovative, Safe and Fast Cryptocurrency Exchange Launches Operations

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The cryptocurrency industry is always evolving, leading to increased awareness and popularity of Bitcoin and other crypto-assets. Among the leading areas of innovation in this emerging ecosystem is the evolution and sophistication of new cryptocurrency exchanges. A lot of existing exchanges create own and limited value proposition to its users, for instance, offering trade tutorials, global reach and mass adoption of cryptocurrencies. Other platforms focus on improving security features and customer support. However, few crypto exchanges are focused on user-centric features such as building a user-friendly platform, trading support and legal compliance across jurisdictions. Narkasa is a recently launched cryptocurrency exchange prides itself as being the most user-centric platform in the market and goes on to offer more than one solution to its users.

Launched in June 2020, Narkasa cryptocurrency exchange is duly registered and located in Istanbul. Legal and regulatory compliance is a huge competitive advantage of the exchange in its bid to ensure customer’s funds and data remain safe. Therefore, the exchange operates in compliance with the European Union’s AML/CTF and KYC guidelines.

Buying and selling cryptocurrencies has just been simplified for both new and experienced users! Users can access Narkasa services through its website as well as via iOS and Android devices. Trading experience is enhanced via the use of an API supported algorithmic trading technology. As a market leader in user-experience in the cryptocurrency industry, a user has an opportunity to interact with the various user-interfaces available on the exchange via the website even without a prior sign-up requirement. Hence, allowing its customers to decide to opt-in or not.

Further, Narkasa goes past being a user-friendly platform which is significant to driving crypto mass adoption and positions itself for global expansion and support. The exchange plans to introduce crypto trading supported by 156 national currencies. Therefore, allowing investors and other crypto enthusiasts from all over the world to buy and sell cryptocurrencies of their choice supported by host country fiat money/currency. Already, few weeks after launch the exchange supports transactions in various fiat currencies namely Ruble (Russia), Real (Brazil), Pound (Turkey), Tenge (Kazakhstan) and Hryvnia (Ukraine). Customer support and interaction with the trading platform is also available in 12 national languages. Choosing local or host country currency is win to Narkasa users because it’s an opportunity to save on foreign exchange cost otherwise charged if one has to convert funds from leading fiat currencies to a local one. Additionally, as a user you get to view your balances easily and intuitively in your local currency.

Why Choose Narkasa Exchange?

  • Multi-Currency support (both fiat and cryptocurrencies
  • Low Trading Fees
  • Zero Commission on Purchases of Cryptocurrencies via the Platform
  • User-Friendly Platform
  • Global Access
  • Multinational Platform -Supports 12 Languages
  • 24/7 Live Customer Support
  • Powerful Trade Engine backed by Artificial Intelligence (AI)
  • Fast, Safe and Secure Transactions

Are you frustrated with the complex user-interfaces experienced with cryptocurrency exchanges, huge costs and lack of consistent customer support? Narkasa is the exchange to be. Traders are reaping huge returns via the exchange by leveraging on its cutting-edge technology. What’s more, the exchange is running an offer, 50 per cent discount on all transactions via the platform within its 90 days after the official launch.

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