Home / Bitcoin News /DAMX: The Emerging Perpetual Exchange On Fantom

DAMX: The Emerging Perpetual Exchange On Fantom

29 Mar 2023

Cryptocurrency and technology proponents have recently been discussing a new bipartisan bill called the “Restricting the Emergence of Security Threats that Risk Information and Communications Technology (RESTRICT)” Act. In addition to targeting firms such as Kaspersky, Huawei, and Tiktok, opponents of the bill believe one of its provisions will punish ordinary Americans for leveraging a virtual private network (VPN). However, a spokesperson for Democratic senator Mark Warner insists the “legislation is aimed squarely at companies” and “not at individual users.”

Since the bill was introduced in March, the RESTRICT Act, sponsored by over a dozen bipartisan politicians and initiated by senator Mark Warner (D-VA), has been the center of controversy. A great deal of attention has been focused on the bill targeting Tiktok, and several reports say the legislation could be used to ban the app in the United States. The act would give the U.S. president and secretary of commerce the ability to regulate technologies that can be tied to nations such as Russia, China, Venezuela, North Korea, Cuba, and Iran. Tech advocates and cryptocurrency supporters are concerned about the bill and have been discussing its implications on forums and social media.

One particular provision in Warner’s RESTRICT Act has caused many people to believe that Americans could be jailed for using a virtual private network (VPN). The bill notes that there are strict penalties, including a 20-year sentence, for using “communications technology products and services” with applications or web portals associated with “foreign adversaries.” While some have said that the RESTRICT Act could ban Tiktok and target Americans for using a VPN with websites tied to foreign adversaries, others have gone as far as to say that the bill could be used to ban bitcoin. Venture capitalist and angel investor Balaji Srinivasan stated:

The RESTRICT Act is the American Great Firewall. Become China in the name of beating China.

Former politician and government critic Ron Paul said in a recent broadcast that the “RESTRICT Act is the Patriot Act on steroids.” Another former member of the U.S. Congress, Justin Amash, stressed on Twitter that the “RESTRICT Act isn’t about banning TikTok; it’s about controlling you. It gives broad powers to the executive branch, with few checks, and will be abused in every way you can imagine.” The nonprofit organization focused on the policy issues facing cryptocurrencies, Coin Center, also published a blog post on the subject and noted that it could be used against cryptocurrency users.

“The RESTRICT Act creates blanket authority, with few checks, to ban just about anything linked to a ‘foreign adversary,’” Coin Center explains in the editorial. “An overbroad attempt to ban crypto using these new powers would be open to a court challenge, but the law has worryingly narrow avenues for review.” Coin Center concludes that “while the primary purpose of the act is to address national security concerns, its potential implications for the cryptocurrency space cannot be ignored.”

Despite the complaints, a report published by Daily Dot claims “you will not be jailed for 20 years if you use TikTok after it’s banned — despite internet fear-mongering.” The author of the report, David Covucci, calls the warnings on social media and forums a “nonsensical rumor.” Covucci notes that the use of the term “virtual private network” or VPN is not mentioned in the bill, and the reporter also retrieved a statement from senator Warner’s office.

“Under the terms of the bill, someone must be engaged in ‘sabotage or subversion’ of American communications technology products and services, creating ‘catastrophic effects’ on U.S. critical infrastructure, or ‘interfering in, or altering the result’ of a federal election, in order to be eligible for any kind of criminal penalty,” a Warner spokesperson told Covucci. “To be extremely clear, this legislation is aimed squarely at companies like Kaspersky, Huawei, and Tiktok that create systemic risks to the United States’ national security—not at individual users,” the politician’s spokesperson concluded.

What do you think about the RESTRICT Act and its potential impact on technology, cryptocurrency, and individual freedoms? Share your thoughts in the comments below.

Jamie Redman is the News Lead at Bitcoin.com News and a financial tech journalist living in Florida. Redman has been an active member of the cryptocurrency community since 2011. He has a passion for Bitcoin, open-source code, and decentralized applications. Since September 2015, Redman has written more than 6,000 articles for Bitcoin.com News about the disruptive protocols emerging today.

Image Credits: Shutterstock, Pixabay, Wiki Commons

Disclaimer: This article is for informational purposes only. It is not a direct offer or solicitation of an offer to buy or sell, or a recommendation or endorsement of any products, services, or companies. Bitcoin.com does not provide investment, tax, legal, or accounting advice. Neither the company nor the author is responsible, directly or indirectly, for any damage or loss caused or alleged to be caused by or in connection with the use of or reliance on any content, goods or services mentioned in this article.

Oman to Incorporate Real Estate Tokenization in Virtual Assets Regulatory Framework

Real estate tokenization is set to be incorporated into Oman Capital Markets Authority (OCMA)'s virtual asset regulatory framework. According to an advisor with the authority, the tokenizing of real estate will open investment opportunities for local and foreign investors. Real ... read more.

Cryptocurrency and technology proponents have recently been discussing a new bipartisan bill called the “Restricting the Emergence of Security Threats that Risk Information and Communications Technology (RESTRICT)” Act. In addition to targeting firms such as Kaspersky, Huawei, and Tiktok, opponents of the bill believe one of its provisions will punish ordinary Americans for leveraging a virtual private network (VPN). However, a spokesperson for Democratic senator Mark Warner insists the “legislation is aimed squarely at companies” and “not at individual users.”

Since the bill was introduced in March, the RESTRICT Act, sponsored by over a dozen bipartisan politicians and initiated by senator Mark Warner (D-VA), has been the center of controversy. A great deal of attention has been focused on the bill targeting Tiktok, and several reports say the legislation could be used to ban the app in the United States. The act would give the U.S. president and secretary of commerce the ability to regulate technologies that can be tied to nations such as Russia, China, Venezuela, North Korea, Cuba, and Iran. Tech advocates and cryptocurrency supporters are concerned about the bill and have been discussing its implications on forums and social media.

One particular provision in Warner’s RESTRICT Act has caused many people to believe that Americans could be jailed for using a virtual private network (VPN). The bill notes that there are strict penalties, including a 20-year sentence, for using “communications technology products and services” with applications or web portals associated with “foreign adversaries.” While some have said that the RESTRICT Act could ban Tiktok and target Americans for using a VPN with websites tied to foreign adversaries, others have gone as far as to say that the bill could be used to ban bitcoin. Venture capitalist and angel investor Balaji Srinivasan stated:

The RESTRICT Act is the American Great Firewall. Become China in the name of beating China.

Former politician and government critic Ron Paul said in a recent broadcast that the “RESTRICT Act is the Patriot Act on steroids.” Another former member of the U.S. Congress, Justin Amash, stressed on Twitter that the “RESTRICT Act isn’t about banning TikTok; it’s about controlling you. It gives broad powers to the executive branch, with few checks, and will be abused in every way you can imagine.” The nonprofit organization focused on the policy issues facing cryptocurrencies, Coin Center, also published a blog post on the subject and noted that it could be used against cryptocurrency users.

“The RESTRICT Act creates blanket authority, with few checks, to ban just about anything linked to a ‘foreign adversary,’” Coin Center explains in the editorial. “An overbroad attempt to ban crypto using these new powers would be open to a court challenge, but the law has worryingly narrow avenues for review.” Coin Center concludes that “while the primary purpose of the act is to address national security concerns, its potential implications for the cryptocurrency space cannot be ignored.”

Despite the complaints, a report published by Daily Dot claims “you will not be jailed for 20 years if you use TikTok after it’s banned — despite internet fear-mongering.” The author of the report, David Covucci, calls the warnings on social media and forums a “nonsensical rumor.” Covucci notes that the use of the term “virtual private network” or VPN is not mentioned in the bill, and the reporter also retrieved a statement from senator Warner’s office.

“Under the terms of the bill, someone must be engaged in ‘sabotage or subversion’ of American communications technology products and services, creating ‘catastrophic effects’ on U.S. critical infrastructure, or ‘interfering in, or altering the result’ of a federal election, in order to be eligible for any kind of criminal penalty,” a Warner spokesperson told Covucci. “To be extremely clear, this legislation is aimed squarely at companies like Kaspersky, Huawei, and Tiktok that create systemic risks to the United States’ national security—not at individual users,” the politician’s spokesperson concluded.

What do you think about the RESTRICT Act and its potential impact on technology, cryptocurrency, and individual freedoms? Share your thoughts in the comments below.

Jamie Redman is the News Lead at Bitcoin.com News and a financial tech journalist living in Florida. Redman has been an active member of the cryptocurrency community since 2011. He has a passion for Bitcoin, open-source code, and decentralized applications. Since September 2015, Redman has written more than 6,000 articles for Bitcoin.com News about the disruptive protocols emerging today.

Image Credits: Shutterstock, Pixabay, Wiki Commons

Disclaimer: This article is for informational purposes only. It is not a direct offer or solicitation of an offer to buy or sell, or a recommendation or endorsement of any products, services, or companies. Bitcoin.com does not provide investment, tax, legal, or accounting advice. Neither the company nor the author is responsible, directly or indirectly, for any damage or loss caused or alleged to be caused by or in connection with the use of or reliance on any content, goods or services mentioned in this article.

Oman to Incorporate Real Estate Tokenization in Virtual Assets Regulatory Framework

Real estate tokenization is set to be incorporated into Oman Capital Markets Authority (OCMA)'s virtual asset regulatory framework. According to an advisor with the authority, the tokenizing of real estate will open investment opportunities for local and foreign investors. Real ... read more.

Xrp climbed to its highest level since last May, as bullish sentiment returned to cryptocurrency markets. The token rose by as much as 17% in Wednesday’s session, with the global market cap over 5% higher. Cardano also rallied, rising by over 11%.

XRP maintained its bull run on Wednesday, as prices rose by as much as 17% in today’s session.

Following a fall to a low of $0.4866 on Tuesday, XRP/USD raced to an intraday high of $0.5804 earlier in today’s session.

As a result of the move, XRP hit its strongest point since May 9, breaking out of a long-term ceiling at $0.5550 in the process.

The surge came as the 14-day relative strength index (RSI) also broke free of a recent ceiling at the 70.00 mark.

At the time of writing, the index is now tracking marginally below yet another point of resistance, this time at the 75.00 mark.

Overall, earlier gains have somewhat diminished, as bulls appear to have secured profits, near this current point of uncertainty.

In addition to XRP, Cardano (ADA) also rallied in today’s session, with the token climbing by nearly 11%.

ADA/USD moved to an intraday peak of $0.3894 earlier on Wednesday, following a low of $0.3511 the day prior.

This climb pushed cardano to its strongest point since February 23, when price hit a high of $0.3951.

Looking at the chart, today’s move appears to have come as the RSI broke out of a ceiling at the 58.00 mark.

As of writing, the index is tracking at 59.75, with the next visible point of resistance at 63.00

Should this target be hit, there is a strong chance that ADA will be trading above $0.4000.

Register your email here to get weekly price analysis updates sent to your inbox:

Tags in this story
ada, Analysis, Cardano, Ripple, XRP

Do you expect cardano to move higher in upcoming days? Let us know your thoughts in the comments.

Eliman was previously a director of a London-based brokerage, whilst also an online trading educator. Currently, he commentates on various asset classes, including Crypto, Stocks and FX, whilst also a startup founder.

Image Credits: Shutterstock, Pixabay, Wiki Commons

Disclaimer: This article is for informational purposes only. It is not a direct offer or solicitation of an offer to buy or sell, or a recommendation or endorsement of any products, services, or companies. Bitcoin.com does not provide investment, tax, legal, or accounting advice. Neither the company nor the author is responsible, directly or indirectly, for any damage or loss caused or alleged to be caused by or in connection with the use of or reliance on any content, goods or services mentioned in this article.

NFT Sales Volume Saw a Small Uptick This Week — Moonbirds, Mutant Apes Take Top Sales

Non-fungible token (NFT) sales saw a small uptick over the last week as $658.4 million in NFT sales were recorded, up 3.35% in seven days. Out of 15 blockchains, Polygon-based NFT sales saw the largest increase in volume, jumping 106.68% ... read more.

Xrp climbed to its highest level since last May, as bullish sentiment returned to cryptocurrency markets. The token rose by as much as 17% in Wednesday’s session, with the global market cap over 5% higher. Cardano also rallied, rising by over 11%.

XRP maintained its bull run on Wednesday, as prices rose by as much as 17% in today’s session.

Following a fall to a low of $0.4866 on Tuesday, XRP/USD raced to an intraday high of $0.5804 earlier in today’s session.

As a result of the move, XRP hit its strongest point since May 9, breaking out of a long-term ceiling at $0.5550 in the process.

The surge came as the 14-day relative strength index (RSI) also broke free of a recent ceiling at the 70.00 mark.

At the time of writing, the index is now tracking marginally below yet another point of resistance, this time at the 75.00 mark.

Overall, earlier gains have somewhat diminished, as bulls appear to have secured profits, near this current point of uncertainty.

In addition to XRP, Cardano (ADA) also rallied in today’s session, with the token climbing by nearly 11%.

ADA/USD moved to an intraday peak of $0.3894 earlier on Wednesday, following a low of $0.3511 the day prior.

This climb pushed cardano to its strongest point since February 23, when price hit a high of $0.3951.

Looking at the chart, today’s move appears to have come as the RSI broke out of a ceiling at the 58.00 mark.

As of writing, the index is tracking at 59.75, with the next visible point of resistance at 63.00

Should this target be hit, there is a strong chance that ADA will be trading above $0.4000.

Register your email here to get weekly price analysis updates sent to your inbox:

Tags in this story
ada, Analysis, Cardano, Ripple, XRP

Do you expect cardano to move higher in upcoming days? Let us know your thoughts in the comments.

Eliman was previously a director of a London-based brokerage, whilst also an online trading educator. Currently, he commentates on various asset classes, including Crypto, Stocks and FX, whilst also a startup founder.

Image Credits: Shutterstock, Pixabay, Wiki Commons

Disclaimer: This article is for informational purposes only. It is not a direct offer or solicitation of an offer to buy or sell, or a recommendation or endorsement of any products, services, or companies. Bitcoin.com does not provide investment, tax, legal, or accounting advice. Neither the company nor the author is responsible, directly or indirectly, for any damage or loss caused or alleged to be caused by or in connection with the use of or reliance on any content, goods or services mentioned in this article.

Central Bank of Brazil Confirms It Will Run a Pilot Test for Its CBDC This Year

The Central Bank of Brazil has confirmed that the institution will run a pilot test regarding the implementation of its proposed central bank digital currency (CBDC), the digital real. Roberto Campos Neto, president of the bank, also stated that this ... read more.

PRESS RELEASE. TokenPocket has reached cooperation with bitcoin.com News, which is a top 3 world economic and crypto news organization with millions of active readers. We’ll collaborate to integrate resources, Verse will be listed on TokenPocket, to bring a richer decentralized experience to all the crypto users.

Why have we taken to TokenPocket?

A self-custodial wallet: is the world’s leading multi-chain self-custodial wallet, which supports mainstream public chains including BTC, ETH, BSC, TRON, Polygon, Solana, Aptos, Arbitrum, Optimism, etc. The Secret Recovery Phrase and Private Key are stored in the user’s own device and the user can fully control his own crypto assets. TokenPocket has provided reliable services for over 20 million users around the world. The number of monthly active users exceeds 3.5 million and the users are located in more than 200 countries around the world.

Designed for security: With TokenPocket, you can buy, store, send, and swap tokens as well as collect NFTs. TokenPocket also develops hardware wallet and MultiSig wallet feature to enhance the security as you need. Now, TokenPocket offers the MultiSig feature for the wallets on Ethereum, BNB Chain, Polygon, Arbitrum, Optimism, etc. Find out how you can create a multisig wallet here.

Easy access to DApps: TokenPocket has integrated a DApp Store, you can find your favorite decentralized applications, discover the latest and hottest ones and use them without leaving the wallet. Ant it is integrated with DApp Browsers, you can always access the DApps with your links. TokenPocket also natively integrated with Transit Finance, which includes Transit Swap (both aggregator and cross-chain swaps) and Transit Buy (crypto purchase or selling with your bank card), to provide a much easier and friendly exchange feature. And Transit Swap has integrated with Verse DEX as an additional liquidity source, to provide a better liquidity for users. Currently, with the support by Transit Buy, there is more than 20 countries and regions can buy/sell crypto with their bank card directly on TokenPocket “Buy” feature.

Collections for tokens and NFTs, TokenPocket supports more than 1000 blockchains and more than 10M tokens, all the users can store their assets on different blockchains in TokenPocket. TokenPocket has the “Markets” page, which shows the on-chain data-based candlestick charts so that users can catch up with the market directly in app. And TokenPocket also supports NFT collections, that means users can transfer and storevarious NFTs in TokenPocket, you can view the 24h price and volume in it!

Download TokenPocket: https://tokenpocket.pro/

Twitter: https://twitter.com/TokenPocket_TP

Telegram: https://t.me/tokenpocket_channel

YouTube: https://www.youtube.com/@TokenPocketTP

 

 

 

This is a press release. Readers should do their own due diligence before taking any actions related to the promoted company or any of its affiliates or services. Bitcoin.com is not responsible, directly or indirectly, for any damage or loss caused or alleged to be caused by or in connection with the use of or reliance on any content, goods or services mentioned in the press release.

Bitcoin.com is the premier source for everything crypto-related. Contact the Media team on ads@bitcoin.com to talk about press releases, sponsored posts, podcasts and other options.

Image Credits: Shutterstock, Pixabay, Wiki Commons

Oman to Incorporate Real Estate Tokenization in Virtual Assets Regulatory Framework

Real estate tokenization is set to be incorporated into Oman Capital Markets Authority (OCMA)'s virtual asset regulatory framework. According to an advisor with the authority, the tokenizing of real estate will open investment opportunities for local and foreign investors. Real ... read more.

PRESS RELEASE. TokenPocket has reached cooperation with bitcoin.com News, which is a top 3 world economic and crypto news organization with millions of active readers. We’ll collaborate to integrate resources, Verse will be listed on TokenPocket, to bring a richer decentralized experience to all the crypto users.

Why have we taken to TokenPocket?

A self-custodial wallet: is the world’s leading multi-chain self-custodial wallet, which supports mainstream public chains including BTC, ETH, BSC, TRON, Polygon, Solana, Aptos, Arbitrum, Optimism, etc. The Secret Recovery Phrase and Private Key are stored in the user’s own device and the user can fully control his own crypto assets. TokenPocket has provided reliable services for over 20 million users around the world. The number of monthly active users exceeds 3.5 million and the users are located in more than 200 countries around the world.

Designed for security: With TokenPocket, you can buy, store, send, and swap tokens as well as collect NFTs. TokenPocket also develops hardware wallet and MultiSig wallet feature to enhance the security as you need. Now, TokenPocket offers the MultiSig feature for the wallets on Ethereum, BNB Chain, Polygon, Arbitrum, Optimism, etc. Find out how you can create a multisig wallet here.

Easy access to DApps: TokenPocket has integrated a DApp Store, you can find your favorite decentralized applications, discover the latest and hottest ones and use them without leaving the wallet. Ant it is integrated with DApp Browsers, you can always access the DApps with your links. TokenPocket also natively integrated with Transit Finance, which includes Transit Swap (both aggregator and cross-chain swaps) and Transit Buy (crypto purchase or selling with your bank card), to provide a much easier and friendly exchange feature. And Transit Swap has integrated with Verse DEX as an additional liquidity source, to provide a better liquidity for users. Currently, with the support by Transit Buy, there is more than 20 countries and regions can buy/sell crypto with their bank card directly on TokenPocket “Buy” feature.

Collections for tokens and NFTs, TokenPocket supports more than 1000 blockchains and more than 10M tokens, all the users can store their assets on different blockchains in TokenPocket. TokenPocket has the “Markets” page, which shows the on-chain data-based candlestick charts so that users can catch up with the market directly in app. And TokenPocket also supports NFT collections, that means users can transfer and storevarious NFTs in TokenPocket, you can view the 24h price and volume in it!

Download TokenPocket: https://tokenpocket.pro/

Twitter: https://twitter.com/TokenPocket_TP

Telegram: https://t.me/tokenpocket_channel

YouTube: https://www.youtube.com/@TokenPocketTP

 

 

 

This is a press release. Readers should do their own due diligence before taking any actions related to the promoted company or any of its affiliates or services. Bitcoin.com is not responsible, directly or indirectly, for any damage or loss caused or alleged to be caused by or in connection with the use of or reliance on any content, goods or services mentioned in the press release.

Bitcoin.com is the premier source for everything crypto-related. Contact the Media team on ads@bitcoin.com to talk about press releases, sponsored posts, podcasts and other options.

Image Credits: Shutterstock, Pixabay, Wiki Commons

Oman to Incorporate Real Estate Tokenization in Virtual Assets Regulatory Framework

Real estate tokenization is set to be incorporated into Oman Capital Markets Authority (OCMA)'s virtual asset regulatory framework. According to an advisor with the authority, the tokenizing of real estate will open investment opportunities for local and foreign investors. Real ... read more.

PRESS RELEASE. MELBOURNE, AUSTRALIA, 29th March, 2023, Chainwire. OKX, the second-largest crypto exchange by trading volume and a leading Web3 technology company, today announced that it will open an office in Australia in the coming months.

The announcement was made at an exclusive event for Australia’s crypto community at the Melbourne Arts Centre, and was attended by OKX Ambassadors Scotty James and Daniel Ricciardo.

On 30 March, the Australian Grand Prix commences and will feature the OKX-sponsored McLaren F1 Team car driven by Australian Oscar Piastri and Lando Norris.

Haider Rafique, Chief Marketing Officer at OKX, said: “Our ambition is straightforward – to become the leading crypto platform in the world. We see Australia as an indispensable part of this strategy and a key growth market. With such a strong uptake of crypto in Australia already, we’re committed to the local market and aim to build a strong local office.”

Daniel Ricciardo, Australian F1 driver and OKX Ambassador, said: “I’m very excited to see OKX plan an office in my home country. I had a great time celebrating with the OKX team and the crypto community today. The future looks bright for OKX in Australia.”

Scotty James, Australian Olympic snowboarder and OKX Ambassador, said: “Crypto never sleeps, and OKX continues to build its community. Australia is a special place for crypto, and it is exciting to see OKX announce it will be opening an office in Australia.”

OKX’s commitment to trust and transparency is showcased by its publishing of Proof of Reserves (PoR) on a monthly basis. OKX holds the largest 100% clean reserves among major exchanges at USD$8.9 billion, according to third party data. Reserves and liabilities can be self-verified with trustless tools on the OKX website.

About OKX

OKX is a world-leading technology company building the future of Web3. Known as one of the fastest and most reliable crypto trading platforms for investors and professional traders everywhere, OKX’s crypto exchange is the second largest globally by trading volume and is trusted by more than 50 million users.

OKX’s leading self-custody solutions include the Web3-compatible OKX Wallet, which allows users greater control of their assets while expanding access to DEXs, NFT marketplaces, DeFi, GameFi and thousands of dApps.

OKX partners with a number of the world’s top brands and athletes, including: English Premier League champions Manchester City F.C., McLaren Formula 1, The Tribeca Festival, golfer Ian Poulter, Olympian Scotty James, and F1 driver Daniel Ricciardo.

OKX is committed to transparency and security and publishes its Proof of Reserves on a monthly basis.

To learn more about OKX, download our app or visit: okx.com

Disclaimer

This announcement is provided for informational purposes only. It is not intended to provide any investment, tax, or legal advice, nor should it be considered an offer to purchase, sell, or hold digital assets. Digital assets, including stablecoins, involve a high degree of risk, can fluctuate greatly, and can even become worthless. You should carefully consider whether trading or holding digital assets is suitable for you in light of your financial condition. Please consult your legal/tax/investment professional for questions about your specific circumstances.

Contact

OKX
media@okx.com

 

 

 

This is a press release. Readers should do their own due diligence before taking any actions related to the promoted company or any of its affiliates or services. Bitcoin.com is not responsible, directly or indirectly, for any damage or loss caused or alleged to be caused by or in connection with the use of or reliance on any content, goods or services mentioned in the press release.

Bitcoin.com is the premier source for everything crypto-related. Contact the Media team on ads@bitcoin.com to talk about press releases, sponsored posts, podcasts and other options.

Image Credits: Shutterstock, Pixabay, Wiki Commons

Today's Top Ethereum and Bitcoin Mining Devices Continue to Rake in Profits

As the crypto economy hovers just under $2 trillion in value, application-specific integrated circuit (ASIC) mining devices are making decent profits. While ASIC miners can still mine ethereum, a 1.5 gigahash (GH/s) Ethash mining device can rake in $51.58 per ... read more.

PRESS RELEASE. MELBOURNE, AUSTRALIA, 29th March, 2023, Chainwire. OKX, the second-largest crypto exchange by trading volume and a leading Web3 technology company, today announced that it will open an office in Australia in the coming months.

The announcement was made at an exclusive event for Australia’s crypto community at the Melbourne Arts Centre, and was attended by OKX Ambassadors Scotty James and Daniel Ricciardo.

On 30 March, the Australian Grand Prix commences and will feature the OKX-sponsored McLaren F1 Team car driven by Australian Oscar Piastri and Lando Norris.

Haider Rafique, Chief Marketing Officer at OKX, said: “Our ambition is straightforward – to become the leading crypto platform in the world. We see Australia as an indispensable part of this strategy and a key growth market. With such a strong uptake of crypto in Australia already, we’re committed to the local market and aim to build a strong local office.”

Daniel Ricciardo, Australian F1 driver and OKX Ambassador, said: “I’m very excited to see OKX plan an office in my home country. I had a great time celebrating with the OKX team and the crypto community today. The future looks bright for OKX in Australia.”

Scotty James, Australian Olympic snowboarder and OKX Ambassador, said: “Crypto never sleeps, and OKX continues to build its community. Australia is a special place for crypto, and it is exciting to see OKX announce it will be opening an office in Australia.”

OKX’s commitment to trust and transparency is showcased by its publishing of Proof of Reserves (PoR) on a monthly basis. OKX holds the largest 100% clean reserves among major exchanges at USD$8.9 billion, according to third party data. Reserves and liabilities can be self-verified with trustless tools on the OKX website.

About OKX

OKX is a world-leading technology company building the future of Web3. Known as one of the fastest and most reliable crypto trading platforms for investors and professional traders everywhere, OKX’s crypto exchange is the second largest globally by trading volume and is trusted by more than 50 million users.

OKX’s leading self-custody solutions include the Web3-compatible OKX Wallet, which allows users greater control of their assets while expanding access to DEXs, NFT marketplaces, DeFi, GameFi and thousands of dApps.

OKX partners with a number of the world’s top brands and athletes, including: English Premier League champions Manchester City F.C., McLaren Formula 1, The Tribeca Festival, golfer Ian Poulter, Olympian Scotty James, and F1 driver Daniel Ricciardo.

OKX is committed to transparency and security and publishes its Proof of Reserves on a monthly basis.

To learn more about OKX, download our app or visit: okx.com

Disclaimer

This announcement is provided for informational purposes only. It is not intended to provide any investment, tax, or legal advice, nor should it be considered an offer to purchase, sell, or hold digital assets. Digital assets, including stablecoins, involve a high degree of risk, can fluctuate greatly, and can even become worthless. You should carefully consider whether trading or holding digital assets is suitable for you in light of your financial condition. Please consult your legal/tax/investment professional for questions about your specific circumstances.

Contact

OKX
media@okx.com

 

 

 

This is a press release. Readers should do their own due diligence before taking any actions related to the promoted company or any of its affiliates or services. Bitcoin.com is not responsible, directly or indirectly, for any damage or loss caused or alleged to be caused by or in connection with the use of or reliance on any content, goods or services mentioned in the press release.

Bitcoin.com is the premier source for everything crypto-related. Contact the Media team on ads@bitcoin.com to talk about press releases, sponsored posts, podcasts and other options.

Image Credits: Shutterstock, Pixabay, Wiki Commons

Today's Top Ethereum and Bitcoin Mining Devices Continue to Rake in Profits

As the crypto economy hovers just under $2 trillion in value, application-specific integrated circuit (ASIC) mining devices are making decent profits. While ASIC miners can still mine ethereum, a 1.5 gigahash (GH/s) Ethash mining device can rake in $51.58 per ... read more.

Bitcoin.com, a global leader in accessible cryptocurrency products and education, has taken another step forward in enhancing user experience by integrating HAPI‘s service into the self-custodial Bitcoin.com Wallet and onboarding the HAPI token on its Verse DEX with a USDC/HAPI trading pair. Bitcoin.com and HAPI are now offering highly attractive yield on the USDC/HAPI Farm. Users can stake their liquidity pool tokens to earn these attractive rewards.

This exciting partnership with HAPI Protocol, an innovative cybersecurity and anti-money laundering solution, aims to improve the security of the multichain Bitcoin.com Wallet and Verse DEX. The launch of a high-yield HAPI Farm on Verse DEX also supports the growth of the decentralized trading platform.

HAPI Protocol enables users of the Bitcoin.com Wallet, where over 38 million self-custody crypto wallets have been created, to be warned if an address they interact with has been associated with any suspicious activity. This essential feature is invaluable in an industry where user safety is of utmost importance. Since integrating HAPI’s service into the Bitcoin.com Wallet in October 2022, the system has provided automated warnings to over 11,000 users, helping them avoid high-risk transactions. Bitcoin.com also plans to integrate HAPI to Verse DEX in order to provide additional security for DEX users.

As a decentralized solution, HAPI aggregates data from several trustworthy sources, including Chainalysis. It facilitates and rewards user engagement by allowing address submissions for HAPI token stakers, and is publicly available for anyone to view and use its database.

“The partnership between Bitcoin.com and HAPI highlights the power of collaboration in pursuing the creation of economic freedom. By joining forces, Bitcoin.com and HAPI bring users of Bitcoin.com’s products the benefits of enhanced security and access to financial opportunities”, said HAPI CEO Eugen Pshenychkin.

The combination of the Bitcoin.com Wallet, the Verse DEX, VERSE token, and HAPI’s cybersecurity solution all work together to enable users to safely take advantage of the growing decentralized finance ecosystem in the pursuit of economic freedom.

Dennis Jarvis, Bitcoin.com CEO, emphasizes the importance of this partnership: “Our collaboration with HAPI Protocol not only enhances the security features of the Bitcoin.com Wallet but also provides our users with new opportunities to earn rewards through the Verse DEX. By taking the actions needed to earn these rewards, users are actively contributing to the growth of crucial decentralized infrastructure. This partnership is a testament to our commitment to promoting economic freedom and expanding access to decentralized finance.”

As part of its mission to create economic freedom, Bitcoin.com is also inviting other projects to partner with them and launch partner farms on Verse DEX. Interested parties can apply here.

Start earning high APY on the Verse DEX here. To learn more about Verse Farms, and for step-by-step instructions, start here.

About HAPI Protocol

HAPI is a decentralized security protocol designed to combat malicious activity in the blockchain space. By integrating crypto intelligence data from various sources, HAPI provides accurate information on compromised wallets and malicious actors. The protocol offers a reporting and alert system, address checking functionality, and smart contracts for DEX and DeFi protocols.

About Bitcoin.com

Bitcoin.com is building products that give everyday people access to a vast world of opportunities to generate personal prosperity without limits. Since 2015, Bitcoin.com has been a global leader in introducing newcomers to cryptocurrency, featuring accessible educational materials, timely and objective news, and easy-to-use fully self-custodial products for buying, spending, trading, investing, and earning with crypto.

About Verse VERSE is the rewards and utility token for users who contribute to and participate in the Bitcoin.com ecosystem. Launched in December 2022, the VERSE token is designed to expand access to decentralized finance and help unlock the economic freedom it provides.

 

 

 

Since 2015, Bitcoin.com has been a global leader in introducing newcomers to crypto. Featuring accessible educational materials, timely and objective news, and intuitive self-custodial products, we make it easy for anyone to buy, spend, trade, invest, earn, and stay up-to-date on cryptocurrency and the future of finance.

Image Credits: Shutterstock, Pixabay, Wiki Commons

Oman to Incorporate Real Estate Tokenization in Virtual Assets Regulatory Framework

Real estate tokenization is set to be incorporated into Oman Capital Markets Authority (OCMA)'s virtual asset regulatory framework. According to an advisor with the authority, the tokenizing of real estate will open investment opportunities for local and foreign investors. Real ... read more.

Bitcoin.com, a global leader in accessible cryptocurrency products and education, has taken another step forward in enhancing user experience by integrating HAPI‘s service into the self-custodial Bitcoin.com Wallet and onboarding the HAPI token on its Verse DEX with a USDC/HAPI trading pair. Bitcoin.com and HAPI are now offering highly attractive yield on the USDC/HAPI Farm. Users can stake their liquidity pool tokens to earn these attractive rewards.

This exciting partnership with HAPI Protocol, an innovative cybersecurity and anti-money laundering solution, aims to improve the security of the multichain Bitcoin.com Wallet and Verse DEX. The launch of a high-yield HAPI Farm on Verse DEX also supports the growth of the decentralized trading platform.

HAPI Protocol enables users of the Bitcoin.com Wallet, where over 38 million self-custody crypto wallets have been created, to be warned if an address they interact with has been associated with any suspicious activity. This essential feature is invaluable in an industry where user safety is of utmost importance. Since integrating HAPI’s service into the Bitcoin.com Wallet in October 2022, the system has provided automated warnings to over 11,000 users, helping them avoid high-risk transactions. Bitcoin.com also plans to integrate HAPI to Verse DEX in order to provide additional security for DEX users.

As a decentralized solution, HAPI aggregates data from several trustworthy sources, including Chainalysis. It facilitates and rewards user engagement by allowing address submissions for HAPI token stakers, and is publicly available for anyone to view and use its database.

“The partnership between Bitcoin.com and HAPI highlights the power of collaboration in pursuing the creation of economic freedom. By joining forces, Bitcoin.com and HAPI bring users of Bitcoin.com’s products the benefits of enhanced security and access to financial opportunities”, said HAPI CEO Eugen Pshenychkin.

The combination of the Bitcoin.com Wallet, the Verse DEX, VERSE token, and HAPI’s cybersecurity solution all work together to enable users to safely take advantage of the growing decentralized finance ecosystem in the pursuit of economic freedom.

Dennis Jarvis, Bitcoin.com CEO, emphasizes the importance of this partnership: “Our collaboration with HAPI Protocol not only enhances the security features of the Bitcoin.com Wallet but also provides our users with new opportunities to earn rewards through the Verse DEX. By taking the actions needed to earn these rewards, users are actively contributing to the growth of crucial decentralized infrastructure. This partnership is a testament to our commitment to promoting economic freedom and expanding access to decentralized finance.”

As part of its mission to create economic freedom, Bitcoin.com is also inviting other projects to partner with them and launch partner farms on Verse DEX. Interested parties can apply here.

Start earning high APY on the Verse DEX here. To learn more about Verse Farms, and for step-by-step instructions, start here.

About HAPI Protocol

HAPI is a decentralized security protocol designed to combat malicious activity in the blockchain space. By integrating crypto intelligence data from various sources, HAPI provides accurate information on compromised wallets and malicious actors. The protocol offers a reporting and alert system, address checking functionality, and smart contracts for DEX and DeFi protocols.

About Bitcoin.com

Bitcoin.com is building products that give everyday people access to a vast world of opportunities to generate personal prosperity without limits. Since 2015, Bitcoin.com has been a global leader in introducing newcomers to cryptocurrency, featuring accessible educational materials, timely and objective news, and easy-to-use fully self-custodial products for buying, spending, trading, investing, and earning with crypto.

About Verse VERSE is the rewards and utility token for users who contribute to and participate in the Bitcoin.com ecosystem. Launched in December 2022, the VERSE token is designed to expand access to decentralized finance and help unlock the economic freedom it provides.

 

 

 

Since 2015, Bitcoin.com has been a global leader in introducing newcomers to crypto. Featuring accessible educational materials, timely and objective news, and intuitive self-custodial products, we make it easy for anyone to buy, spend, trade, invest, earn, and stay up-to-date on cryptocurrency and the future of finance.

Image Credits: Shutterstock, Pixabay, Wiki Commons

Oman to Incorporate Real Estate Tokenization in Virtual Assets Regulatory Framework

Real estate tokenization is set to be incorporated into Oman Capital Markets Authority (OCMA)'s virtual asset regulatory framework. According to an advisor with the authority, the tokenizing of real estate will open investment opportunities for local and foreign investors. Real ... read more.

PRESS RELEASE. London, UK, March 29th 2023, Chainwire. Metacade, one of the most exciting GameFi ventures of 2023, has now raised over $14.7m as the presale goes into its final hours. With over 90% sold, the project expects to sell out ahead of their scheduled closing time, set for Friday 31st March at 23:59 Pacific Time.

Metacade’s CEO, Russell Bennett, commented: “We are rocketing towards the finish line and think we may even get there ahead of time, the support from the community has been fantastic and we’re delighted with our success so far. Although the work has only just begun for us, and now is time to prove what we can really do by overdelivering on our roadmap and other fronts!”

Metacade tokens can be purchased until they sell out or until March 31st, whichever is sooner. Users can participate in the final stage presale here.

The announcement of their impressive fundraising milestone follows a string of positive developments presented in a live 3 part ‘Metaseries’ by Metacade CEO Russell Bennet. This included a product walkthrough, highlighting the progress they have made so far, as well as a detailed overview of their staking plan and listing plans. The Metaseries can be viewed on their YouTube Streams channel here.

Following on from the presale closing, Metacade will list their MCADE token on Uniwsap on the 6th April, and then BitMart on the week ending 16th April, with several more exchange partnerships following shortly after.

As one of the first community-driven arcades in the blockchain arena, Metacade will offer a plethora of play-to-earn (P2E) games that will incentivize players with the native MCADE token based on their achievements. This a highly appealing option for those looking to explore the exciting world of community-driven arcades.

Metacade’s earning mechanism has been tailor-made to appeal to a wide range of blockchain enthusiasts, with the platform striving to become the go-to hub for Web3 users.

The Metacade whitepaper highlights a number of noteworthy features, but one that particularly stands out is its innovative Metagrants program. Operating via a voting system, the program allows members of the Metacade community to propose and vote on projects that they deem worthy of funding. Once a project has been approved for funding, the developer receives a grant from the Metacade treasury, which they can use to develop their game.

One of the key advantages of the Metagrants program is that it fosters the growth of the blockchain gaming industry by providing financial support to promising new projects for up-and-coming blockchain game developers.

The Metagrants program operates in an innovative way that allows developers to submit funding applications to support the design and creation of the next generation of GameFi titles. Once submitted, these are then assessed by the Metacade community, where MCADE holders can cast their votes in support of their favorite proposals. The most popular ideas are awarded with crypto investments to support the game production process, with the first Metagrant game set to debut on the platform in Q1 of 2024.

Metacade tokens can be purchased until they sell out or until March 31st, whichever is sooner. Users can participate in the final stage presale here.

About Metacade

Metacade aims to become the go-to hub for gaming within the metaverse. As the first community arcade in the Web3 space, it provides a platform for gamers to socialize, share their gaming expertise, and play exclusive P2E games. By offering various income-generating opportunities and career-building pathways within the Web3 ecosystem, Metacade looks set to become an important hub for the gaming community to connect and engage with like-minded enthusiasts.

Putting Metacade on par with other projects like The Sandbox, Polygon, and Axie Infinity, the highly anticipated P2E platform has earned approval from CertiK, a top-tier blockchain auditor, which gives investors peace of mind that the project’s code and specifications have been reviewed and that the Metacade team has passed the KYC process, instilling confidence in the project’s legitimacy.

The overwhelming enthusiasm surrounding Metacade’s presale is indicative of its potential to become the go-to GameFi hub for P2E gamers alongside a wide range of other use cases.

Website | Whitepaper | Metacade Socials

Contact

CEO

Russell Bennett

Metacade

pr@metacade.co

 

 

 

This is a press release. Readers should do their own due diligence before taking any actions related to the promoted company or any of its affiliates or services. Bitcoin.com is not responsible, directly or indirectly, for any damage or loss caused or alleged to be caused by or in connection with the use of or reliance on any content, goods or services mentioned in the press release.

Bitcoin.com is the premier source for everything crypto-related. Contact the Media team on ads@bitcoin.com to talk about press releases, sponsored posts, podcasts and other options.

Image Credits: Shutterstock, Pixabay, Wiki Commons

Today's Top Ethereum and Bitcoin Mining Devices Continue to Rake in Profits

As the crypto economy hovers just under $2 trillion in value, application-specific integrated circuit (ASIC) mining devices are making decent profits. While ASIC miners can still mine ethereum, a 1.5 gigahash (GH/s) Ethash mining device can rake in $51.58 per ... read more.

PRESS RELEASE. London, UK, March 29th 2023, Chainwire. Metacade, one of the most exciting GameFi ventures of 2023, has now raised over $14.7m as the presale goes into its final hours. With over 90% sold, the project expects to sell out ahead of their scheduled closing time, set for Friday 31st March at 23:59 Pacific Time.

Metacade’s CEO, Russell Bennett, commented: “We are rocketing towards the finish line and think we may even get there ahead of time, the support from the community has been fantastic and we’re delighted with our success so far. Although the work has only just begun for us, and now is time to prove what we can really do by overdelivering on our roadmap and other fronts!”

Metacade tokens can be purchased until they sell out or until March 31st, whichever is sooner. Users can participate in the final stage presale here.

The announcement of their impressive fundraising milestone follows a string of positive developments presented in a live 3 part ‘Metaseries’ by Metacade CEO Russell Bennet. This included a product walkthrough, highlighting the progress they have made so far, as well as a detailed overview of their staking plan and listing plans. The Metaseries can be viewed on their YouTube Streams channel here.

Following on from the presale closing, Metacade will list their MCADE token on Uniwsap on the 6th April, and then BitMart on the week ending 16th April, with several more exchange partnerships following shortly after.

As one of the first community-driven arcades in the blockchain arena, Metacade will offer a plethora of play-to-earn (P2E) games that will incentivize players with the native MCADE token based on their achievements. This a highly appealing option for those looking to explore the exciting world of community-driven arcades.

Metacade’s earning mechanism has been tailor-made to appeal to a wide range of blockchain enthusiasts, with the platform striving to become the go-to hub for Web3 users.

The Metacade whitepaper highlights a number of noteworthy features, but one that particularly stands out is its innovative Metagrants program. Operating via a voting system, the program allows members of the Metacade community to propose and vote on projects that they deem worthy of funding. Once a project has been approved for funding, the developer receives a grant from the Metacade treasury, which they can use to develop their game.

One of the key advantages of the Metagrants program is that it fosters the growth of the blockchain gaming industry by providing financial support to promising new projects for up-and-coming blockchain game developers.

The Metagrants program operates in an innovative way that allows developers to submit funding applications to support the design and creation of the next generation of GameFi titles. Once submitted, these are then assessed by the Metacade community, where MCADE holders can cast their votes in support of their favorite proposals. The most popular ideas are awarded with crypto investments to support the game production process, with the first Metagrant game set to debut on the platform in Q1 of 2024.

Metacade tokens can be purchased until they sell out or until March 31st, whichever is sooner. Users can participate in the final stage presale here.

About Metacade

Metacade aims to become the go-to hub for gaming within the metaverse. As the first community arcade in the Web3 space, it provides a platform for gamers to socialize, share their gaming expertise, and play exclusive P2E games. By offering various income-generating opportunities and career-building pathways within the Web3 ecosystem, Metacade looks set to become an important hub for the gaming community to connect and engage with like-minded enthusiasts.

Putting Metacade on par with other projects like The Sandbox, Polygon, and Axie Infinity, the highly anticipated P2E platform has earned approval from CertiK, a top-tier blockchain auditor, which gives investors peace of mind that the project’s code and specifications have been reviewed and that the Metacade team has passed the KYC process, instilling confidence in the project’s legitimacy.

The overwhelming enthusiasm surrounding Metacade’s presale is indicative of its potential to become the go-to GameFi hub for P2E gamers alongside a wide range of other use cases.

Website | Whitepaper | Metacade Socials

Contact

CEO

Russell Bennett

Metacade

pr@metacade.co

 

 

 

This is a press release. Readers should do their own due diligence before taking any actions related to the promoted company or any of its affiliates or services. Bitcoin.com is not responsible, directly or indirectly, for any damage or loss caused or alleged to be caused by or in connection with the use of or reliance on any content, goods or services mentioned in the press release.

Bitcoin.com is the premier source for everything crypto-related. Contact the Media team on ads@bitcoin.com to talk about press releases, sponsored posts, podcasts and other options.

Image Credits: Shutterstock, Pixabay, Wiki Commons

Today's Top Ethereum and Bitcoin Mining Devices Continue to Rake in Profits

As the crypto economy hovers just under $2 trillion in value, application-specific integrated circuit (ASIC) mining devices are making decent profits. While ASIC miners can still mine ethereum, a 1.5 gigahash (GH/s) Ethash mining device can rake in $51.58 per ... read more.

PRESS RELEASE. Canada, Alberta – Cryptocurrency has become a hot topic in recent years, capturing the attention of investors and traders alike. While it has faced its fair share of controversies, it has also opened up new possibilities and transformed the financial sector. With the rise of cryptocurrency, there has been a surge in the number of exchanges that facilitate the buying and selling of digital assets; with the fall of FTX, traders have become more aware of whether their digital assets are within their own key, boosting the popularity of decentralized exchanges. Among these exchanges is the emerging decentralized spot and perpetual trading exchange, DAMX, which has quickly gained popularity in the market.

What sets DAMX apart from other exchanges is its focus on providing benefits to both investors and traders. The exchange supports low swap fees and zero-price impact trades, making it an attractive option for those looking to minimize costs. Additionally, DAMX has a unique multi-asset pool that rewards liquidity providers fees from market making, swap fees, and leverage trading. This pool incentivizes users to contribute to the liquidity of the exchange, leading to a more active market and better trading opportunities.

Perpetual Trading and Staking on DAMX

One of the key features of DAMX is its perpetual futures trading. Perpetual contracts are a popular means of trading in the cryptocurrency market, and DAMX has made it accessible to traders on its platform. With perpetual contracts, traders can bet on the future price of an asset without actually buying it. This allows them to profit from both upward and downward price movements, opening up new opportunities for trading.

Another standout feature of DAMX is its staking program. Holding the DAMX token unlocks a range of benefits, including the ability to stake tokens and earn rewards. Users that stake DAMX receive three types of rewards: escrowed DAMX, multiplier points, and FTM rewards. The exchange converts 30% of fees generated from swaps and leverage trading to FTM and distributes them to staked DAMX tokens. This program encourages users to hold onto their tokens and contribute to the liquidity of the exchange, leading to a more stable and active market.

DAMX NFT Collection

DAMX’s NFT collection ”DAMX Robot Club” also plays a huge role within the ecosystem to benefit the users with extra incentives to trade within the platform. All the NFTs holders will be entitled to:

DAMX’s first choice: Fantom

DAMX is built on the Fantom blockchain, which offers several advantages over other blockchains. One of the most significant advantages is its scalability. The Fantom network can handle a large volume of transactions per second, making it an ideal platform for trading. Additionally, the network provides high levels of security and decentralization, ensuring that transactions are safe and secure.

The exchange’s underlying technology is designed to maintain the features of a decentralized exchange (DEX) while aggregating purpose-built price feeds to provide traders with the necessary tools to reduce the risk of liquidations. This approach harnesses liquidity from several DEXs, minimizing slippage on large orders while optimizing swap fees and token prices. The aggregators also protect users from pricing effects and failed transactions, providing a better user experience for the community.

DMAX has quickly emerged as a top-tier exchange in the cryptocurrency industry with its continuous development and growing community. The platform’s focus on sustainability, low-cost fees, and security has made it a favorite among traders and investors alike. With dynamic pricing supported by Chainlink Oracles and an aggregate of prices from leading volume exchanges, DAMX has cemented its position as a leader in the world of cryptocurrency trading.

Caution: DAMX token has not been released yet, and code audit is in progress.

Website:

https://dmxdao.com

Twitter:

https://twitter.com/DmxDao

Telegram:

https://t.me/DMX_Community

Announcement Channel:

https://t.me/DMX_Announcement

Medium:

https://medium.com/@DMXDAO

Discord:

https://discord.com/invite/gWRfAVa6rw

Github:

https://github.com/orgs/dmxdao/repositories

Contact:

Name: David Wan, CEO

Email: david@dmxdao.com

URL: https://dmxdao.com

 

 

 

 

This is a press release. Readers should do their own due diligence before taking any actions related to the promoted company or any of its affiliates or services. Bitcoin.com is not responsible, directly or indirectly, for any damage or loss caused or alleged to be caused by or in connection with the use of or reliance on any content, goods or services mentioned in the press release.

Bitcoin.com is the premier source for everything crypto-related. Contact the Media team on ads@bitcoin.com to talk about press releases, sponsored posts, podcasts and other options.

Image Credits: Shutterstock, Pixabay, Wiki Commons

Today's Top Ethereum and Bitcoin Mining Devices Continue to Rake in Profits

As the crypto economy hovers just under $2 trillion in value, application-specific integrated circuit (ASIC) mining devices are making decent profits. While ASIC miners can still mine ethereum, a 1.5 gigahash (GH/s) Ethash mining device can rake in $51.58 per ... read more.

Source From : News

© CoinJoker 2019 | All Rights Reserved.