The Indian government has scheduled a panel meeting with its ministers to discuss tax rates within the country, with a potential 28% increase as reported by Bloomberg. The meeting is slated for next week Tuesday and Wednesday. Indian Crypto Income Tax Already Sits At 30% Back in February, a 30% crypto income tax was officially […]
The National Hockey League (NHL) and the Sweet, a non-fungible token (NFT) platform announced a multi-year partnership deal on June 23. This will bring the NFT marketplace to the League. As per their statement, the NHL, NHLPA, and NHLAA officially designated Sweet as the Official NFT Digital Collectibles Marketplace and Official NFT Partner. Related Readings […]
Over the past few years, it has become evident that several brands and huge companies are keen on getting into the blockchain domain. Their involvement […]
INTERNET CITY, DUBAI, Jun. 24, 2022 – LBank Exchange, a global digital asset trading platform, has listed SpaceMine (MINE) on June 24, 2022. For all users of LBank Exchange, the MINE/USDT trading pair is now officially available for trading. With a variety of features including NFT and Play-to-Earn, SpaceMine (MINE) creates a solar system planets […]
Morgan a newly-induced mortgage technology product developed by Mortgage giant Sun West has been inducted into the Mortgage Hall of Fame as CEO Pavan Agarwal becomes part of the leadership coaching event ‘Game On’. Morgan Joins Mortgage Hall of Fame Sun West Mortgage company is known for its dedication to offering stellar service to its […]
Vaultoro, the cryptocurrency-based gold & precious metals exchange, today announced new updates and platform enhancements for users. See below for more details: Limits – Daily limits on Vaultoro have been increased, and users can now withdraw higher amounts of most cryptocurrencies. Fees – The company has introduced lower fees on Vaultoro Direct. Now, when buying […]
The post Crypto-gold exchange Vaultoro lowers fees, increases withdrawal limits appeared first on CryptoNinjas.
MoonXBT, a social cryptocurrency trading platform with spot, contract, and options markets, announced that it has officially launched its new referral program. Currently, MoonXBT users can earn commissions by referring new users to the platform. Once the new user trades in the spot, contract, or options markets on MoonXBT, the user that referred them will […]
The post Crypto trading platform MoonXBT unveils new referral program appeared first on CryptoNinjas.
A group of Bitcoiners traveled to the Central African Republic to meet with the country’s president and discuss pathways for bitcoin adoption.
Wasabi’s latest update optimizes the coinjoining process with preset profiles that allow customizable privacy settings with an improved user experience.
StreamCoin Starts Off Registration for STRMNFT. STRMNFT is a digital asset marketplace that aims to revolutionize Video NFTs. CEO Michael Ein Chaybeh and the team are thrilled about the developments. Blockchain company StreamCoin has officially announced the start of registrations for its much-awaited STRMNFT marketplace. This is the newest in the company’s long list of achievements including listing its token on over 100+ exchanges. Launched on May 31, 2022, the STRMNFT marketplace boasts a user-friendly interface that has been designed keeping in mind users new to the crypto space. Michael Ein Chaybeh, StreamCoin’s CEO, remarked on this choice by saying: “As per our approach towards developing an ecosystem from user to tech, we designed STRMNFT to be an easy-to-use marketplace and an open space for all types of users. With our platforms and services, we aim to draw the line between the crypto enthusiasts and the modern Web 2.0 users who have not experienced blockchain or crypto before.” The STRMNFT team also adds that as a preliminary offer, STRMNFT features a free digital asset minting until July 2022. StreamCoin encourages all users to grab the chance and register on STRMNFT for free. According to the information shared with CoinQuora, the StreamCoin team is also conscious of the environmental impacts of their technology. Staying true to their eco-friendly vision, they leverage the Proof of Deed (PoD) approach to save power and resources. Addressing the energy concern of blockchain tech, Chaybeh was quoted saying: “As we observe how the planet is being consumed every day by operating high-capacity servers, power-consuming blockchain networks, and other high carbon-emission platforms, we came up with a new, responsible, eco-friendly solution that doesn’t compromise the speed and efficiency, and at the same time, contributes to a better future for our planet.” On a lighter note, the StreamCoin team was excited to share more details of the exciting features they have to offer. Through STRMNFT, users can follow their favorite content creators, create playlists for the video NFTs, and also sort the content based on categories. Users will even have their own personal channel with options to make their content available for public or private views. Following the STRMNFT launch, TNC Group, one of StreamCoin’s leading partners and investors, released an exclusive Lady Apes NFT collection. TNC Group states that they will be offering discounts on these collections to all who participated in StreamCoin’s ICO and staking portal.
Reviewing Bitcoin’s history of proposed privacy improvements can help us learn from the past and keep up with new improvements as we go.
Tether has been making several big moves lately despite recent concerns about the ripple effects of the Terra UST stablecoin collapse. Now the leading stablecoin has officially launched on yet another blockchain. Tether Now Available On 12 Blockchains, Launches On Tezos Tether, the largest stablecoin and third-largest crypto by market cap has officially launched on […]
Several exchanges in South Korea have announced that they have removed Litecoin from their listings.
In early 2009, Bitcoin trading was peer-to-peer, initially via PayPal. However, it only took a few months before the first ramp was launched. Mt Gox and earlier variants were, as expected, rudimentary and centralized. Fast-forward less than a decade later, and crypto trading is a vibrant industry with billions moved every day. Exchanges are critical channels for moving billions of assets between users and chains. As the industry expands and crypto finds adoption, their role will only be magnified. This rise is especially when decentralized finance (DeFi) is at the fore, dangling irresistible offers. DeFi and the Role of Liquidity Aggregators In less than three years, DeFi commands billions in Total Value Locked (TVL), with demand stemming from the sub-sphere’s value proposition. DeFi is, as the name suggests, decentralizing finance using smart contracts, allowing users from across the globe to access funds. Exciting as it may be, there must be reliable ramps with acceptable levels of liquidity for smooth trustless swapping of tokens. Decentralized exchanges (DEXes) are launched from leading smart contracting platforms like Ethereum and the BNB Chain and have relatively high levels of liquidity. However, since there are more than a dozen blockchains with active crypto projects whose tokens command hundreds of millions in market cap, most traders have been manually hopping between exchanges or using liquidity DEX aggregators. Aggregating DEXes, for example, 1Inch, enables smooth swapping of different tokens listed in various DEXes from one user interface. By doing this, liquidity aggregating DEXes saves time and resources, encouraging more users to channel funds into DeFi. Nonetheless, while liquidity aggregating DEXes play a massive role in DeFi, most are single-chain and a few multi-chain, allowing its users to bridge their assets, but none have cross-chain aggregation capabilities. As a result, traders receive fewer tokens than they would if they could access liquidity on multiple chains at the same time… Oh, wait. Now they can. Chainge Finance: Best Pricing, Cross-Chain, and Swift Settlement There’s a huge problem that Chainge Finance is currently tackling. The cross-chain liquidity DEX aggregator’s developers have released a blockchain-based trading venue laser-focused on ensuring traders swap assets in the most liquid environment ensuring the best rates. Swapping tokens via Chainge Finance is non-custodial and offered through a simple-to-use mobile interface. The platform also features useful asset management tools used by over 400k users for a combined TVL of more than $160 million and a total aggregated liquidity of over $40 Billion. Distinguished tools available in Chainge Finance include a spot, futures, and options DEX, universal digital assets with cross-chain roaming capabilities, a time-framing module, and more. Every order initiated from Chainge Finance will be queried in all 20 supported DEXes and “crawled” for the best prices. Once the chords are struck, the order is split across multiple liquid chains for the trader to receive the best prices. The part taken can be conveniently viewed in the app’s order details section. Chainge Finance does this through its proprietary smart-router that leverages DCRM technology and a swap pathfinder algorithm. The Smart Router tool searches integrated DEXes across multiple chains for the best rates for lower slippage while also establishing a route for a swift settlement. Practical example When a user wants to swap token A for token B, the smart router will query the DEXs and determine real-time liquidity for the A/B pair in all DEXs on each chain. Taking gas cost into consideration, the smart router will return the best route to execute the order. For instance, the fixed amount of A tokens to swap on the Ethereum in Uniswap DEX + the fixed amount of A tokens to swap on the Ethereum chain in Sushiswap DEX + the fixed amount of A tokens to swap on the BSC chain in Pancake DEX, and more until the total swap amount is reached. After the user places the order, the following steps will be executed: Token A is wrapped into the fusion chain (no matter what chain token A is on) The transaction to burn all token A universal assets on fusion is signed The burn receipt is used to call different proxy swap smart contracts on each chain to use token A on those specific chains to execute the swap. Within the slippage margin, the swap order will be executed. NB: If the slippage margin is exceeded, the swap deal will be only partially completed and the user will immediately get the remaining portion of A tokens back. This use case should render obvious the huge advantages of using the Chainge Finance cross-chain liquidity aggregator aka the most liquid DEX on the market. Chainge Finance has Incorporated over 20 DEXes and 1 aggregator across 9 chains Notably, Change Finance’s DCRM Technology is patented and developed by Fusion Foundation in partnership with some of the world’s leading security and cryptography experts, including Louis Goubin, Professor of Computer Science at the University of Versailles, and Pascal Paillier, Ph.D. Chainge Finance has already integrated with more than 20 DEXes and 1 aggregator across 9 popular blockchains, (with lots more to be gradually added). For example, on Ethereum, Chainge Finance integrates 1inch, Uniswap and SushiSwap. Meanwhile, in the Cronos blockchain, they have chosen VVS and Cronaswap. This DeFi protocol is well-thought-out and is a cut above the rest. It is purposefully designed to resolve existing pain points of inconveniently low liquidity resulting in unfavorable swapping rates as well as eliminating the need to use cross-chain bridges. Ultimately, Chainge Finance has designed a platform where traders can confidently swap cross-chain assets at the best swapping rates in highly liquid environments and manage their crypto assets backed up by top-grade security protocols.
INTERNET CITY, DUBAI, May. 31, 2022 – LBank Exchange, a global digital asset trading platform, will list DATAM PCRM (PCRM) on June 2, 2022. For all users of LBank Exchange, the PCRM/USDT trading pair will be officially available for trading at 14:00 (UTC+8) on June 2, 2022. To solve the environmental problems caused by existing […]