Category: Cryptocurrency

Xfers & SEBA Bank Named Finalists for Global CBDC Challenge organised by the Monetary Authority of Singapore

Xfers, a Southeast Asia based payments leader holding a Major Payment Institution (MPI) license for e-money issuance, together with its partner, SEBA Bank, a FINMA licensed Swiss Bank providing a seamless, secure, and easy-to-use bridge between digital and traditional assets, today announced that they have been named among the 15 finalists for the Global Central Bank Digital Currency (CBDC) Challenge organised by the Monetary Authority of Singapore (MAS).

Launched by the Monetary Authority of Singapore and in partnership with the International Monetary Fund, World Bank, Asian Development Bank, United Nations Capital Development Fund, United Nations High Commission for Refugees, United Nations Development Programme, and the Organisation for Economic Co-operation and Development (OECD), the Global CBDC Challenge calls for FinTech companies, financial institutions and solution providers around the world to submit innovative retail CBDC solutions to enhance payment efficiencies and promote financial inclusion.

The joint proposal submitted by Xfers and SEBA Bank was shortlisted from over 300 applications representing over 50 countries and will be presented to the public and a panel of judges at the Singapore Fintech Festival on November 8th, 2021.

Launched in October 2020, StraitsX by Xfers is the first stablecoin initiative focusing on Southeast Asia and issues the StraitsX Singapore dollar, XSGD, a digital token available on the Ethereum and Zilliqa blockchain that is backed one-for-one with the Singapore dollar.

Aymeric Salley, Head of StraitsX, said, “We are delighted to be named finalists for the CBDC challenge by the MAS. We look forward to continuing leveraging our experience as Singapore’s first stablecoin issuer, and working closely with our partner, SEBA Bank, which comes with a wealth of expertise and practical experience in developing CBDCs, having just completed a CBDC experiment with Banque de France in June this year.”

Founded in 2018, SEBA Bank is a fully licensed FINMA banking and securities dealer. In June this year, SEBA Bank completed a successful CBDC experiment with the Banque de France, which demonstrated the capacity of distributed ledger technologies to communicate with the Eurosystem’s settlement platform TARGET2-Securities for the settlement of listed securities. This testing is an important contribution towards the development of an EU wide CBDC.

Matthew Alexander, Head of Digital Corporate Finance & Asset Tokenisation SEBA Bank, commented, “We are thrilled to have been selected by the MAS for this CBDC challenge amongst such a prestigious group of institutions. We look forward to working with our partner Xfers and contributing both our Digital Asset capabilities and recent experience working with the Banque de France CBDC to support the MAS and the Singapore financial centre. At SEBA Bank, we are constantly striving for innovation in the development of digital currencies and digital asset infrastructure. This selection, alongside our partners Xfers, by MAS as a finalist in the CBDC challenge, is a significant validation of our innovation in the development of digital currencies, and builds on our work supporting the Banque de France in CBDC testing. The shortlisting by MAS is testament to SEBA Bank’s extensive network and operations in APAC, with the recent appointment of Sam Lin as APAC CEO, and headcount growth in our Singapore and Hong Kong hubs, further solidifying our presence in the region.”

About StraitsX by Xfers
StraitsX is the pioneering payments infrastructure for the digital assets space in Southeast Asia developed by Singapore-based FinTech Xfers, which is a Major Payment Institution licensed by the Monetary Authority of Singapore for e-money issuance. StraitsX offers personal and business accounts to deposit, hold and withdraw funds as well as to connect their accounts to digital asset platforms. Business accounts can also access B2B API-enabled payments rails for digital asset platforms and issues the Singapore Dollar-backed stablecoin, XSGD.

About SEBA Bank – The Future of Digital Banking, Investing & Financing
Founded in April 2018 and headquartered in Zug, SEBA Bank is a pioneer in the financial industry and the only global smart bank providing a fully universal suite of regulated banking services in the emerging digital economy. In August 2019, SEBA Bank received a Swiss banking and securities dealer licence – the first time a reputed, regulatory authority such as FINMA has granted a licence to a financial services provider with a core capability in digital assets. The broad, vertically integrated spectrum of services combined with the highest security standards, make SEBA Bank’s value proposition unique – this is why Banque de France selected SEBA Bank to test the integration of Central Bank Digital Currency (CBDC). CVVC Global Report and CB Insights named SEBA Bank as Top 50 Companies within the blockchain ecosystem. Aite Group awarded SEBA Bank with their 2021 Digital Wealth Management Impact Innovation Award in the category “Digital Startup of the Year”. For more information please visit seba.swiss.

For media queries
PRecious Communications for Xfers
xfers@preciouscomms.com

Dvision Hosts Metaverse Conference for BSC’s Anniversary

The Dvision Network team is hosting an augmented reality metaverse conference to commemorate the first anniversary of the Binance Smart Chain (BSC) ecosystem next month. The celebration will start on the 8th and end on the 13th of September, lasting six days with an action-packed agenda that should last around 4-5 hours per day.

Dubbed the “Binance Smart Chain 1st Anniversary in Dvision Metaversarve”, the event will be co-hosted with 30 notable projects in the GameFi and NFT space built on the BSC ecosystem, including StepHero, Alpaca Finance, MyDefiPet, Cryptoblades, Bunny Park, Faraland and many others, that are disclosed in their event page. The metaverse event will be conducted in the special Binance Hall built inside of the Dvision World.

The BSC anniversary is expected to offer various activities, in-game events and airdrops sponsored by participating projects. Attendees will be able to participate in-game quizzes, get their groove on during the dancing event at the conference hall, and chase randomly spawned characters in order to be rewarded by unique NFT items and partner tokens. Last but not least, the “Digging the Earth” event will allow anyone to shovel certain areas during the event to earn partner rewards. Overall, it is expected to be a highly rewarding anniversary celebration both for partnering projects and attending members. The presence of different in-game activities ensure the interactiveness of the BSC anniversary, that will also be accompanied by high-level panel sessions and presentations.

Unique Metaverse Conference

The Binance Smart Chain 1st anniversary on Metaverse continues the next generational trend of metaverse-based conferences. Attendees will be able to leverage innovative features for a unique experience throughout the conference duration.

The conference will also showcase some of the best projects that have launched products within the Binance Smart Chain ecosystem. Some of these projects have partnered with Dvision Network for the conference. They include Splinterland, an NFT card trading and gaming platform on the BSC network. Many in the blockchain gaming space will also meet there X World Games (XWG) a decentralized gaming ecosystem that is available on Ethereum and Binance Smart Chain. Long time technological partner of Dvision, Curvegrid, which is a blockchain project that develops a unique MultiBaas blockchain application server that makes it easier and less expensive to build business applications on the blockchain. Dvision Network used CurveGrid’s MultiBaas solution to build a cross-chain bridge when it migrated its protocol to BSC earlier in the year. Another notable team, MyDeFiPet, a virtual pet game that combines DeFi, collectibles on BSC and KardiaChain will be present in the event.

Other partners include Alpaca Finance, Liquidifty, Bunny Park, BabySwap, and many more. The previous events held on the Dvision Metaverse recorded good turnout and the Binance Smart Chain anniversary is expected to exceed previous numbers due to the popularity of the blockchain protocol.

To join the attendees in this virtual event, users can now pre-register to get notified when access to the BSC Anniversary Hall will be available.

About the Binance Smart Chain

Binance Smart Chain (BSC) was launched roughly a year ago to provide an affordable and efficient smart contract solution for the decentralized finance (DeFi) and Non-Fungible Token (NFT) industry.

Since then, the smart contract ecosystem has garnered extreme success and has become the home of multiple DeFi and NFT projects.

About Dvision Network

Dvision Network is a blockchain-based metaverse that allows users to create avatars and participate in a virtual ecosystem. Users can create NFTs without prior knowledge or experience by leveraging the tools made available within the Dvision Network metaverse.

The platform is powered by the DVI utility token, which is traded on major centralized and decentralized exchanges. Dvision Network was initially built on Ethereum and further connected to the BSC via the MultiBaas Bridge. BSC users can trade and exchange the BEP-20 version of the DVI token on popular BSC DEXs like PancakeSwap.

Media Contact:
Name: Boburjon Muydinov
Email: official@dvision.network
Company: Dvision Network

Bluehelix Bridge Solution (BBS) Rolls Out Decentralized Cross-chain Bridge Services

Bluehelix formally released Bluehelix Bridge Solution (BBS), a decentralized MPC-based cross-chain bridge solution that supports the decentralized cross-chain access of any public chain, any heterogeneous chain, any homogeneous chain, or any ecological native asset, days ago.

As of August 31, independent cross-chain addresses exceeded 1,800, cross-chain deposits and withdrawals exceed 5,000, and cross-chain access has exceeded USD10 million. Bluehelix Bridge currently supports BTC, ETH, HECO, BSC, DOGE, Polygon and TRON, and will soon support Solana, Near, Cosmos and others.

Bluehelix Bridge is a cross-chain bridge solution that allows encrypted assets to be transferred between blockchains. It has been released for multiple public chains and projects, and seeks to establish a zero-threshold circulation connection for public chain ecological assets as well as encourage the mutual chain of all things in the public chain ecosystem.

Differing from the implementation of cross-chain by smart contracts on the market, Bluehelix Bridge addresses the problems of transparency and decentralization by adopting internationally recognized and relatively safe cross-chain methods and technologies. Bluehelix Bridge is based on MPC distributed key technology patented in the US and Europe, and realizes “completely decentralized” cross-chain bridge services.

The advantages of Bluehelix are briefly summarized below:
A. Fully open-source and extremely easy to access: Projects can directly perform cross-chain operations through the Bluehelix public chain and API without any fees. As an open-source public chain, Bluehelix can provide underlying support for various financial and commercial services through open API interfaces. Financial institutions and startups need only focus on the creation and operation of financial products and commercial applications.

B. Support for cross-chain native assets and deposit methods: Bluehelix is the only decentralized MPC-based cross-chain bridge solution that supports all public chains and their native assets, and does not limit deposit methods, including cross-chain deposits from centralized exchanges.

C. Security & technology patents: At present, many cross-chain bridges on the market use the smart contract deployment model for cross-chain, which has various flaws in security. Bluehelix has achieved complete decentralization with patented MPC distributed key technology, and any cross-chain user assets have independent cross-chain custody addresses.

Additionally, all cross-chain processes and asset transactions on Bluehelix are completely open and transparent, including addresses. Each cross-chain call process can be queried on the chain and on the explorer. In addition, Bluehelix has passed the audits of SlowMist and Peckshield. Its multi-layer cross-chain custody nodes support rapid rotation and are supported by many well-known institutions.

Any project, public chain, and wallet can be cross-chained based on Bluehelix BBS solution to achieve decentralized circulation between different ecosystems. By introducing assets on other chains into its own ecology through cross-chain, Bluehelix can help the public chain to establish an ecology and help projects to quickly deploy and circulate assets in multiple chains.

For public chains: Bluehelix supports the N*N cross-chain model, supports complete chain-to-chain data interoperability, and helps public chains to quickly and safely introduce various ecosystems in a decentralized manner. Presently, Bluehelix is compatible with current mainstream public chains, as well as all mainstream cross-chain solutions.

For projects: There are many cross-chain bridge solutions on the market, but most of the projects cannot solve the problems of high cross-chain costs and cumbersome cross-chain processes. With Bluehelix Bridge, it helps DeFi projects achieve safe and free circulation between any public chains, which can be regarded as a “cross-chain version of Curve”.

For wallets: Bluehelix helps wallet users to realize asset circulation among multiple public chains, which is fast, safe, and convenient.

Among the existing cross-chain bridges, Bluehelix BBS, with better compatibility and autonomy, is still in the release stage. Any individual or community can create a liquidity pool in HDEX (DEX built on Bluehelix). This feature will greatly enhance the activity of existing users. At the smart contract level, Bluehelix will support WASM and EVM in the future, allowing projects to deploy quickly and efficiently.

Contact: BHEXChain@bluehelix.com
BHEX Official: https://www.bhexchain.com
BBS Official: https://bridge.bhexchain.com/
HDEX Official: https://hdex.bhexchain.com
Telegram: https://t.me/hdexofficial
Twitter: https://twitter.com/HdexOfficial

SOURCE: Bluehelix

DigiMax Funds SPC Has Been Confirmed by Cayman Islands Monetary Authority

  • Cryptocurrency Hedge Fund Now Open to Subscribers

DigiMax Global Inc. (the Company or DigiMax) (CSE:DIGI)(OTC:DBKSF), a company that provides artificial intelligence (AI) and cryptocurrency technology solutions, is pleased to announce that it has received confirmation from the Cayman Islands Monetary Authority (CIMA) to operate one or more segregated funds domiciled in the Cayman Islands under registration number 1900360 (the Fund).

As originally announced on April 19, 2021, the Fund will provide a fully systematic long/short active investment into a basket of cryptocurrencies capitalizing on crypto volatility and powered by proprietary trading algorithms. The Fund will, on a simultaneous basis with its subscribers, utilize the CryptoHawk prediction engine, to continuously spot relevant patterns, make decisions and generate accurate price trend change predictions. With this Fund, DigiMax aims to offer alternative investments to high net-worth individuals, institutions, and family offices in a bid to allow such investors to protect their investment portfolios from market volatility, while generating positive returns regardless of market sentiments and direction.

The fund is open to investors from around the world but it may not be marketed in some jurisdictions including the United States. Minimum investment size into the Fund is US$100,000.

The fund is served by a group of first-class, highly experienced third-party service providers that includes:

Investment Manager: Seneca House Fund Management
Administrator: Sudrania Fund Services Corp.
Auditors: KPMG
Legal Counsel: Forbes Hare Pte. Ltd.
Custodian: SFOX Inc.
Prime Broker: SFOX International Ltd.
Depository Bank: DMS Bank & Trust Ltd.

“This actively managed Fund provides an excellent opportunity for larger investors to gain exposure to cryptocurrencies in their portfolios. Through the use of CryptoHawk and DigiMax artificial intelligence capabilities, investors can profit from high volatility all while reducing risk and volatility in their own portfolio.” said Seneca House CEO Miltiades Caldis.

Seneca House is the registered Portfolio Manager and owns 20% of the Fund with DigiMax owning the remaining 80%. DigiMax has reserved an option for 18 months to acquire an additional 15% of the Fund for the higher of US$1 million or 2% of Assets Under Management from Seneca House.

“Given the results we have seen from CryptoHawk since it was introduced on June 1, 2021, we believe this Crypto Hedge Fund will provide a perfect solution for large investors, family offices and institutions who want to have crypto holdings in their own portfolios,” said DigiMax CEO Chris Carl. “Many of these investors have stayed away from investing in cryptocurrencies due to their high volatility. This Fund provides the perfect solution to this quandary by capturing profits from the high volatility in both up and down momentum markets and returning a more steady, non-volatile monthly return to investors.”

Fund documents can be obtained by contacting:
Seneca House Fund Management
3rd Floor, Zephyr House
122 Mary Street
George Town, Grand Cayman
Cayman Islands
Attn: Miltiades Caldis
Miltiades@senecahousefm.com

About DigiMax
DigiMax is an Artificial Intelligence technology company committed to unlocking the potential of disruptive technologies by providing advanced financial, predictive, and cryptocurrency solutions across various verticals. DigiMax is an official IBM Watson partner, and the Company’s engineering team has extensive experience in Machine Learning, Neural Language Processing, AI, Big Data and Cryptocurrency technology.

To learn more, visit our website: https://digimaxglobal.com/

Contact:
Damon Stone
Fund Investor Communications
647-465-0148
dstone@digimax-global.com

Chris Carl
President & CEO
416-312-9698
ccarl@digimax-global.com

Cautionary Note Regarding Forward-looking Statements
This press release contains “forward-looking statements or information”. Forward-looking statements can be identified by words such as: anticipate, intend, plan, goal, seek, believe, project, estimate, expect, strategy, future, likely, may, should, will and similar references to future periods. Examples of forward-looking statements in this press release include, among others, statements about the Company and Kirobo Inc.’s future plans, expectations and objectives.

Forward-looking statements are neither historical facts nor assurances of future performance. Instead, they are based only on our current beliefs, expectations and assumptions regarding the future of our business, future plans and strategies, projections, anticipated events and trends, the economy and other future conditions. Because forward-looking statements relate to the future, they are subject to inherent uncertainties, risks and changes in circumstances that are difficult to predict and many of which are outside of our control. Our actual results and financial condition may differ materially from those indicated in the forward-looking statements. Therefore, you should not rely on any of these forward-looking statements. The Company may not actually achieve its plans, projections, or expectations. The forward-looking statements and information are based on certain key expectations and assumptions made by the Company, including expectations and assumptions concerning the future plans of Kirobo Inc. Important factors that could cause our actual results and financial condition to differ materially from those indicated in the forward-looking statements include, among others, the following: the adequacy of our cash flow and earnings, the benefits and uses of our software, the pricing and availability of our software, the availability of future financing and/or credit, and other conditions which may affect our ability to expand the platforms and software described herein, the level of demand and financial performance of the cryptocurrency industry, developments and changes in laws and regulations, including increased regulation of the cryptocurrency industry through legislative action and revised rules and standards applied by the Canadian Securities Administrators, Ontario Securities Commission, and/or other similar regulatory bodies in other jurisdictions, disruptions to our technology network including computer systems, software and cloud data, or other disruptions of our operating systems, structures or equipment, the impact of Covid-19 or other viruses and diseases on the Company’s ability to operate, consumer sentiment towards the Company’s products and services, failure of counterparties to perform their contractual obligations, government regulations, competition, loss of key employees and consultants, and general economic, market or business conditions, the impact of technology changes on the products and industry, the ability for Kirobo Inc. to complete its business objectives, as well as those risk factors discussed or referred to in disclosure documents filed by the Company with the securities regulatory authorities in certain provinces of Canada and available at www.sedar.com. Given these risks, uncertainties and assumptions, you should not place undue reliance on these forward-looking statements.

Any forward-looking statement made by us in this press release is based only on information currently available to us and speaks only as of the date on which it is made. Except as required by applicable securities laws, we undertake no obligation to publicly update any forward-looking statement, whether written or oral, that may be made from time to time, whether as a result of new information, future developments or otherwise.

SOURCE: DigiMax Global Inc.

DigiMax Enters Collaboration Agreement with Singapore-based Bitget Exchange

DigiMax Global Inc. (the “Company” or “DigiMax”) (CSE: DIGI / OTC PINK: DBKSF), a company that provides artificial intelligence (“AI”) and cryptocurrency technology solutions, is pleased to announce that it has signed a Collaboration Agreement with Bitget Exchange based in Singapore (“Bitget”).

Established in July 2018, Bitget has become the fastest growing derivatives exchange in the world, with over 1.6 million registered users. According to CoinmarketCap, a world-renowned website for cryptocurrency markets, the average daily trading volume of Bitget has exceeded US$5 billion, ranking seventh after professional derivatives exchanges (FTX and Bybit), and the top three traditional comprehensive cryptocurrency exchanges: Binance, OKEx and Huobi.

With its innovative products and an increasingly robust ecosystem, Bitget has gained a sound footing amid ferocious and homogeneous competition in just three years. Following the launch of USDT-Margined Futures, One-Click Copy Trade and Quanto Swap Futures, the platform announced this April its full acquisition of decentralized wallet Bitkeep to lay a solid foundation for its future development in this segment.

The Collaboration Agreement will provide DigiMax and Bitget opportunities to collaborate on mutually beneficial business arrangements, including without limitation allowing Bitget users to first learn about CryptoHawk, and ultimately directly access CryptoHawk information inside the Bitget system. The companies further intend to develop an API system that would allow Bitget users to access CryptoHawk signals and permit direct one-button trading by Bitget users based on new CryptoHawk indicators being issued.

“We are very pleased to be able to partner with DigiMax to allow our exchange users to have better trading information which in turn, will allow them to substantially increase their trading profits from the AI-based trading signals provided CryptoHawk,” said the CEO of Bitget. “In turn, we are excited to be able to offer CryptoHawk subscribers a high-security, low-cost platform for long and short trading in their personal or institutional accounts.”

“By becoming a collaboration partner with Bitget, CryptoHawk users will have a great opportunity not only to increase the efficiency and security of their trading, but in the near future they will also have access to automated trading from the CryptoHawk signals,” said DigiMax CEO Chris Carl. “We are excited to partner with Bitget to deliver ever increasing value to both of our sets of users now, and in the future.”

CryptoHawk is an AI-driven, price trend prediction tool that can be used by any investor to maximize their digital trading profits. It continues to deliver hourly price-trend prediction indicators to help subscribers interested in trading Bitcoin or Ethereum, and now provides overall trend guidance for a broader portfolio of crypto currencies. The

CryptoHawk tool is unique as it uses AI and machine learning to capture profit from the volatility of crypto currencies, rather than incur the risk of buy-and-hold investments. As previously announced by the Company, the combined June-July 2021 period saw

CryptoHawk trading signals generating returns of +44.9% for Bitcoin and +22.1% for Ethereum before trading commissions. During that same period Bitcoin had a net change of +5.1% while Ethereum dropped -3.6% during the period.

DigiMax also announces that it has issued each of its four Directors an Option for 250,000 shares at $0.20 cents per share with a Term of two years effective as of today’s date.

About DigiMax

DigiMax is an Artificial Intelligence technology company committed to unlocking the potential of disruptive technologies by providing advanced financial, predictive, and cryptocurrency solutions across various verticals. DigiMax is an official IBM Watson partner, and the Company’s engineering team has extensive experience in Machine Learning, Neural Language Processing, AI, Big Data and Cryptocurrency technology.

To learn more, visit our website: https://digimaxglobal.com/

Contact:
Martti Kangas
Investor Communications
647-521-9261
mkangas@digimax-global.com
Chris Carl
President & CEO
416-312-9698
ccarl@digimax-global.com

Cautionary Note Regarding Forward-looking Statements

This press release contains “forward-looking statements or information”. Forward-looking statements can be identified by words such as: anticipate, intend, plan, goal, seek, believe, project, estimate, expect, strategy, future, likely, may, should, will and similar references to future periods. Examples of forward-looking statements in this press release include, among others, statements about the Company and Kirobo Inc.’s future plans, expectations and objectives.

Forward-looking statements are neither historical facts nor assurances of future performance.
Instead, they are based only on our current beliefs, expectations and assumptions regarding the future of our business, future plans and strategies, projections, anticipated events and trends, the economy and other future conditions. Because forward-looking statements relate to the future, they are subject to inherent uncertainties, risks and changes in circumstances that are difficult to predict and many of which are outside of our control. Our actual results and financial condition may differ materially from those indicated in the forward-looking statements. Therefore, you should not rely on any of these forward-looking statements. The Company may not actually achieve its plans, projections, or expectations. The forward-looking statements and information are based on certain key expectations and assumptions made by the Company, including expectations and assumptions concerning the future plans of Kirobo Inc. Important factors that could cause our actual results and financial condition to differ materially from those indicated in the forward-looking statements include, among others, the following: the adequacy of our cash flow and earnings, the benefits and uses of our software, the pricing and availability of our software, the availability of future financing and/or credit, and other conditions which may affect our ability to expand the platforms and software described herein, the level of demand and financial performance of the cryptocurrency industry, developments and changes in laws and regulations, including increased regulation of the cryptocurrency industry through legislative action and revised rules and standards applied by the Canadian Securities Administrators, Ontario Securities Commission, and/or other similar regulatory bodies in other jurisdictions, disruptions to our technology network including computer systems, software and cloud data, or other disruptions of our operating systems, structures or equipment, the impact of Covid-19 or other viruses and diseases on the Company’s ability to operate, consumer sentiment towards the Company’s products and services, failure of counterparties to perform their contractual obligations, government regulations, competition, loss of key employees and consultants, and general economic, market or business conditions, the impact of technology changes on the products and industry, the ability for Kirobo Inc. to complete its business objectives, as well as those risk factors discussed or referred to in disclosure documents filed by the Company with the securities regulatory authorities in certain provinces of Canada and available at www.sedar.com. Given these risks, uncertainties and assumptions, you should not place undue reliance on these forward-looking statements.

Any forward-looking statement made by us in this press release is based only on information currently available to us and speaks only as of the date on which it is made. Except as required by applicable securities laws, we undertake no obligation to publicly update any forward-looking statement, whether written or oral, that may be made from time to time, whether as a result of new information, future developments or otherwise.

SOURCE: DigiMax Global Solutions

Stake Your ETH (8.55% APR) and Reinvest Locked Funds

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LINK – Chainlink
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ETC – Ethereum Classic
DAI – Dai
DOT – Polkadot
XRP – Ripple
BAND – Band Protocol
XTZ – Tezos
ONT – Ontology
ADA – Cardano
ATOM – Cosmos
YFII – yearn.finance
EOS – Eos

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BEP-20
Deposit: free
USDT Withdrawal: $0.25
Deposit confirmation time: 1 min

ETC-20
Deposit: free
USDT Withdrawal: $50
Deposit confirmation time: 15 min

Binance is one of the significant cryptocurrency exchanges, and they are developing their payments ecosystem to help their customers make cheaper and faster transfers.

About SimpleFX

SimpleFX is a renowned trading app that has been in business since 2014. Was one of the first brokers offering cryptocurrency accounts. You can sign up for Bitcoin, Ethereum, Binance Coin accounts with just an email.

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– Stake & Trade – earn 8.55% annual interest on your ETH 2.0 deposit. Trade with your frozen money.

TAOP Signs Memorandum of Understanding to Establish Cryptocurrency Mining Joint

Taoping Inc. (NASDAQ: TAOP, the Company or TAOP), a provider of blockchain technology and smart cloud services, today announces that its wholly-owned subsidiary Taoping Digital Assets (Asia) Limited (TDAA) and a Kazakhstan company Aral Petroleum Capital LLP (APC) have signed a memorandum of understanding (MOU) to establish a joint venture in Kazakhstan, of which TDAA and APC will own 51% and 49%, respectively. TDAA will control the board of directors of the joint venture.

APC is an oil and gas exploration and development company operating in Kazakhstan, a wholly-owned subsidiary of CaspianEnergy Inc. It holds an exclusive license which entitles it to explore and develop certain oil and gas properties known as the “North Block”, an area of 1,916 square km, and a production contract for the area known as “East Zhagabulak”. With a strong industry position and integration experience, APC is able to ensure high-quality utility-scale electricity supply at a low cost to the joint venture.

The joint venture plans to invest and build cryptocurrency mining sites with a total capacity of 100MW, the first stage construction of 30 MW is expected to complete within three to six months. TDAA will have the priority to deploy cryptocurrency mining machines owned by TDAA or its partners. The joint venture will carry out operation and maintenance of cryptocurrency mining machines in Kazakhstan. In addition, the joint venture plans to rent out excess operating capacity to third parties for additional income.

On April 15, 2021, the Company announced that it has signed a Bitcoin mining machine purchase agreement with Bitmain Technologies Limited for the purchase of Antminer S19j Pro Bitcoin mining machines with a total hash rate of 300,000 TH/s. TAOP plans to deliver these mining machines to Kazakhstan for deployment once the construction of the mining sites is completed.

“We continue to look for global opportunities that can bring business growth. With year-round cool temperatures, low real estate and labor costs, and relatively low energy prices, Kazakhstan is becoming a crypto mining hub that currently ranks 3rd in the world in terms of hash rate power,” said Mr. Jianghuai Lin, Chairman and CEO of TAOP, “We are working actively to capture current unique opportunity of the rapidly changing cryptocurrency mining environment to create value for shareholders.”

About Taoping Inc.
Taoping Inc. (TAOP) is an integrated group of technology and financial companies with business in Mainland China, Hong Kong, and other overseas countries. Relying on its unique strengths in cloud technology and chip supply chain, TAOP provides solutions and cloud services to industries such as film and television production, education, new media, artificial intelligence and asset management. The Company is dedicated to the research and application of blockchain technology as well as investment and management of financial assets at home and abroad. To learn more, please visit http://www.taop.com/.

Safe Harbor Statement
This press release may contain certain “forward-looking statements” relating to the business of Taoping Inc., and its subsidiaries and other consolidated entities. All statements, other than statements of historical fact included herein, are “forward-looking statements” in nature within the meaning of the Private Securities Litigation Reform Act of 1995. These forward-looking statements, often identified by the use of forward-looking terminologies such as “believes”, “expects” or similar expressions, involve known and unknown risks and uncertainties. Although the Company believes that the expectations reflected in these forward-looking statements are reasonable, they do involve assumptions, risks and uncertainties, and these expectations may prove to be incorrect. Investors should not place undue reliance on these forward-looking statements, which speak only as of the date of this press release. The Company’s actual results could differ materially from those anticipated in these forward-looking statements as a result of a variety of factors, including those discussed in the Company’s periodic reports that are filed with the Securities and Exchange Commission and available on its website (http://www.sec.gov). All forward-looking statements attributable to the Company and its subsidiaries and other consolidated entities or persons acting on their 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.

Ethernity CLOUD Announces Results of Recent Token Pre-Sale

Ethernity CLOUD is pleased to announce the successful completion of their token presale round.

They have sold 90% of the available presale tokens in just 9 hours. The remaining 10% were sold out early the next morning. The entire presale has been sold out in full in about 25 hours. According to the team, the community support was significant as the minimum package was set at $5,000 USD.

On the heels of the token presale, Ethernity CLOUD is now focused on the future, including the ongoing European patent application. For more information, read the Technical Whitepaper about the application for Secure Decentralized Cloud Computing with Privacy Controls.

The time is almost here for their public sale scheduled for Q3 2021. Register your interest and join the Ethernity CLOUD community on their token registration page. Supporters can express their interest in participating in the public sale by submitting their email, name and commitment amount.

Sources at Ethernity CLOUD say that their entire leadership team is excited with the results of the presale round, and are looking forward to continue their mission to integrate confidential computing and blockchain technologies. Ethernity CLOUD’s vision is to bring on the market a confidential cloud ecosystem which enforces user’s privacy, maintains transparency of the data operations process and provides a fair environment for its adopters.

ABOUT ETHERNITY CLOUD
Ethernity CLOUD is building an ecosystem based on fairness, where user’s right to privacy is fully protected and integrity is ensured by the blockchain technology. User’s data is protected from abusive activities ensuring fair, decentralized and truly private operations. Using the ecosystem, users are capable of running cloud computing tasks over the decentralized network, while maintaining complete control over the confidentiality and enforcing transparency of the data operations process.

https://youtu.be/xySSIWNFlqw

To increase Ethernity CLOUD’s technology adoption rates, the team is committed to use open-source technologies that provide a strong and secure foundation. The decentralized cloud applications meant to run on top of Ethernity CLOUD are based on regular cloud applications and software. Ethernity CLOUD community strives to make the transition to the decentralized cloud as smooth as possible for cloud computing business users as well as developers and enthusiasts.

EMAIL: contact@ethernity.cloud

SOURCE: Ethernity CLOUD

Synopsis 2021: Edition III to air September 20-24

Synopsis, the world’s largest blockchain, crypto, DeFi and digital-art event, convenes for Edition III from September 20-24, a quarterly summit that draws hundreds of participants, and hundreds of thousands of viewers from around the world, and an event that gathers top-level experts and blockchain industry stars to present top trends, key questions, and compelling answers on the state of cryptocurrency markets today.

Synopsis is being held for the third time this year to recreate the spirit of full immersion in the digital economy and decentralized finance. Its agenda includes round tables, panel discussions, solo performances, AMAs, and interviews. Synopsis will be streamed on several popular platforms, including YouTube and Theta.tv.

Synopsis will feature two activity zones: an Interactive Zone, and an NFT + Digital Art Zone. The Interactive Zone welcomes viewers to flex their skills, gain knowledge, and win prizes from top blockchain projects, while the NFT + Digital Art Zone will feature summit organizers and partners presenting NFTs with Alien Bell, the official artist of Synopsis: Edition III.

Mark your calendars, whether you are an investor, trader, analyst, economist, marketer, developer, student, crypto enthusiast, or anyone else who keeps an eye on the crypto world. With two months to go before Edition III, Synopsis has already confirmed 40 speakers, bright and professional world-class figures ready to share their knowledge and vision of the industry, targeting 60 speakers by Airtime.

  • Airtime: September 20 to 24, 2021
  • Place: THETA.tv, YouTube, Verasity
  • Hosts: Maria Stankevich (EXMO), Yan Khavansky (Coindar, Colibri), and Yaroslav Kabakov (Finam)
  • Speakers: Wes Levitt, Theta Labs; Felix Xu, ARPA and Bella Protocol; Gleb Kostarev, Binance Director for Russia and the CIS; Alexander Filatov, TON Labs; Justin Wenczka, Verasity CRO; Sergey Khitrov, Listing.help and Blockchain Life; Raghav Jerath, Gather Network; Nik Anikin, Colibri Group; Alex Sudadze, Blockchain Association of Georgia; Ksenia Oshurko, OKEx Russia; Nikolai Gadzhiev, VEROS and WIDCI; Artyom Kan, Gate io; Sota Watanabe, Astar Network (previously Plasm); Anri Gabaidze, Port of Royal CEO; Evgeniy Pavlov, Binance BDM for Russia and the CIS; and others.
  • Afterparty: The organizers have prepared an unforgettable afterparty for summit viewers in cooperation with the manufacturer of exclusive rum Port of Royal that owns the eponymous penthouse hotel and thematic loft bar in Batumi, Georgia. The afterparty will be streamed live from Port of Royal’s headquarters 270 ft above the coast of the Black Sea.
  • Sponsors: ARPA, Algorand Foundation, Verasity, Bella Protocol, Gather Network, Ethereum Pro, SubGame, Bingbon, Gate.io, TrustBase, MaNEKO Finance, Port of Royal
  • Partners: THETA, Binance, TON Labs, Free TON, EXMO, MahaDAO, Astar Network (previously Plasm), Stake Technologies, Shiden Network, J2TX, Coffe.io, EXIP, AERGO, Curate, Digital Rights Center, Nano Future, Blockster, Delio, BeInCrypto, and other popular projects.
  • Organizers: Colibri Group, Coindar
  • Co-organizers: Investment Russia, Cryptus Media
  • Website: https://synopsis.events

Media contact
Colibri Group, Coindar
Contact: Daria Chernova
E: info@coindar.org, info@colibri-group.org
W: https://synopsis2021.com, https://coindar.org.

Bitcoin Latinum Partners with World Famous The h.wood Group for Blockchain Expansion

Bitcoin Latinum, the next-generation insured Bitcoin fork capable of massive transaction volume, digital asset management, cyber security, and capacity is announcing a partnership with Los Angeles based luxury hospitality and lifestyle company, The h.wood Group.

The partnership involves cross-promotional marketing initiatives, event sponsorships, endorsements, and the acceptance of Bitcoin Latinum for services, products, and amenities across The h.wood Group’s diversified portfolio of upscale nightlife and restaurant venues. Guests will have the option to seamlessly pay for tables, drinks, food, and merchandise with Bitcoin Latinum, in addition to Bitcoin and Ethereum tokens.

Founded by successful entrepreneurs John Terzian and Brian Toll, the independently owned and operated The h.wood Group’s restaurant, nightlife, and events divisions manage restaurants, nightlife and hotel venues across the world. The brand includes restaurant concepts The NICE GUY, Delilah LA, Delilah Las Vegas at Wynn Resorts, Delilah Miami, SLAB, Mason, Petite Taqueria, and hospitality venues include Blind Dragon, Bootsy Bellows, Poppy, The Peppermint Club, SHOREbar, 40 LOVE and FOUND Hotels. The h.wood Group has received multiple awards and international recognition for its design and execution. The h.wood Group venues have also become popular with A-list celebrities and influencers. The implementation of Bitcoin Latinum, along with other blockchain technologies opens new business opportunities for The h.wood Group.

“As entrepreneurs, Brian and I have always looked into the future rather than get stuck in old ways. We are constantly watching, learning and adapting. Crypto and blockchain are the future in many ways and we want The h.wood Group to be ahead of the curve. We are excited for this endeavor with Bitcoin Latinum,” stated Terzian.

Cryptocurrency payments with businesses have been gaining broader acceptance across a wide spectrum of industries. Several major credit card issuers have rolled out the ability for users to buy and make transactions with cryptocurrencies such as Bitcoin and Ethereum. According to Statista, the United States has the greatest number of companies with Bitcoin ATM’s and in-store payment options than any other country in the world, at around 6,000 businesses. In a recent survey by Deloitte, 56% of businesses said their organizations would be making at least $500,000 in blockchain investments over the next twelve months.

Bitcoin Latinum is an enhanced Bitcoin fork. The Bitcoin Latinum algorithm and infrastructure break barriers and speed limits that have prevented some virtual currencies from achieving practical, real-time use. The Bitcoin Latinum tokens are part of an ecosystem being adopted by companies in media, entertainment, gaming, storage, cloud and telecommunications. Bitcoin Latinum tokens can be interchangeably used on each of these partner/supplier networks by consumers. Furthermore, Bitcoin Latinum looks to reduce the cost of a Bitcoin transaction from dollars to pennies for on-chain transactions.

Monsoon Blockchain Corporation, Asia’s premier blockchain company, was selected by Bitcoin Latinum as its foundation partner. Monsoon is focused on innovative cloud solutions in the blockchain ecosystem, leveraging the latest blockchain technology to develop powerful business solutions that allow the successful digitization of and listing of assets across a variety of industries, including financial services, telecommunications, and media and entertainment. Dr. Donald Basile, Monsoon’s CEO and founder, is the former CEO of Fusion IO, a company known for playing a major role in implementing the cloud systems at Apple and Facebook as well as partnerships with HP, IBM, and Dell.

“It is an honor to work with great entrepreneurs like John and Brian,” said Dr. Donald Basile, CEO of Monsoon Blockchain Corporation. “We look forward to our partnership, and helping companies and individuals understand the benefits of the blockchain to foster widespread adoption across the entertainment and hospitality industries.”

Dr. Basile is also the Co-CEO and Chairman of Roman DBDR, a special purpose acquisition company, which raised $236 million in its initial public offering in November 2020. Roman DBDR announced a merger with CompoSecure, a pioneer in premium payment cards whose clients includes some of the world’s largest financial institutions. The merger of the two companies will create a combined enterprise value of approximately $1.2 billion.

Bitcoin Latinum is planning to launch on public exchanges across the globe in Q3 2021 under the symbol LTNM. In Q2 2021 Bitcoin Latinum announced a groundbreaking green initiative to achieve a carbon net-zero footprint. This will be achieved through an enhanced proof of stake consensus protocol system for settling transactions. As a further commitment to sustainable environmental practices, Bitcoin Latinum officially joined the Crypto Climate Accord. Bitcoin Latinum sold out its initial two pre-sales. More information on obtaining LTNM is available at https://bitcoinlatinum.com/

FOR EDUCATIONAL AND INFORMATION PURPOSES ONLY; NOT INVESTMENT ADVICE. Any Bitcoin Latinum offered is for educational and informational purposes only and should NOT be construed as a securities-related offer or solicitation or be relied upon as personalized investment advice. Bitcoin Latinum strongly recommends you consult a licensed or registered professional before making any investment decision.

Contact:
Kai Okada, Director of Communications, Bitcoin Latinum
T: +1 800 528 0985
E: kai.okada@bitcoinlatinum.com
W: https://bitcoinlatinum.com/

SOURCE: Bitcoin Latinum