Home / Forex News /Crystal Blockchain Introduces A New Beta Solution For VASP Checks For Banks And FIs

Crystal Blockchain Introduces A New Beta Solution For VASP Checks For Banks And FIs

26 Oct 2022

Bitcoin and crypto payment services provider Bitpay has announced that the company now supports the Polygon (MATIC) network. According to the firm, Bitpay app users will be able to store, trade, and spend MATIC later this week, and the collectibles company Panini America will be Bitpay’s first merchant to accept MATIC payments.

Bitpay announced on Wednesday that the crypto payments processing company now supports the Polygon (MATIC) protocol. Polygon is a proof-of-stake (PoS) layer two (L2) Ethereum scaling network that launched in October 2017. In addition to supporting Polygon’s native crypto asset MATIC, Bitpay app users will be able to store, swap, and spend ERC20 tokens associated with the Polygon protocol.

Bitpay’s decision to add polygon (MATIC) follows the company adding apecoin (APE) and euro coin (EUROC) support in August, as well as adding Lightning Network support in April. During the announcement on Wednesday, Bitpay said that the first merchant to accept MATIC Payments will be the collectibles company Panini America in order to support the “new digital payment option.” Polygon users can pay with MATIC for the company’s sticker and trading card collectibles alongside Panini’s NFT marketplace.

”When adding a new coin for merchants to accept, we look at many factors, but among the most important is its payment utility and community involvement. The Polygon network encourages mass adoption by enabling blockchain networks to connect and scale to support new and existing users,” Bitpay’s CEO Stephen Pair said in a statement on Wednesday.

“Adding MATIC to the mix of cryptos that Bitpay supports offers businesses a fast, safe and secure alternative to traditional payment methods and paves the way for blockchain payments to disrupt the way consumers and businesses receive and spend funds,” Pair added. Bitpay further noted on Wednesday that in addition to MATIC, the crypto payments processor also supports 15 other crypto assets and stablecoins.

What do you think about Bitpay adding Polygon (MATIC) network support? Let us know what you think about this subject in the comments section 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.

Fidelity Investments Launches Crypto, Metaverse ETFs — Says 'We Continue to See Demand'

Fidelity Investments, one of the largest financial services firms with more than $11 trillion under administration, is launching exchange-traded funds (ETFs) focusing on the crypto ecosystem and the metaverse. "We continue to see demand, particularly from young investors, for access ... read more.

Bitcoin and crypto payment services provider Bitpay has announced that the company now supports the Polygon (MATIC) network. According to the firm, Bitpay app users will be able to store, trade, and spend MATIC later this week, and the collectibles company Panini America will be Bitpay’s first merchant to accept MATIC payments.

Bitpay announced on Wednesday that the crypto payments processing company now supports the Polygon (MATIC) protocol. Polygon is a proof-of-stake (PoS) layer two (L2) Ethereum scaling network that launched in October 2017. In addition to supporting Polygon’s native crypto asset MATIC, Bitpay app users will be able to store, swap, and spend ERC20 tokens associated with the Polygon protocol.

Bitpay’s decision to add polygon (MATIC) follows the company adding apecoin (APE) and euro coin (EUROC) support in August, as well as adding Lightning Network support in April. During the announcement on Wednesday, Bitpay said that the first merchant to accept MATIC Payments will be the collectibles company Panini America in order to support the “new digital payment option.” Polygon users can pay with MATIC for the company’s sticker and trading card collectibles alongside Panini’s NFT marketplace.

”When adding a new coin for merchants to accept, we look at many factors, but among the most important is its payment utility and community involvement. The Polygon network encourages mass adoption by enabling blockchain networks to connect and scale to support new and existing users,” Bitpay’s CEO Stephen Pair said in a statement on Wednesday.

“Adding MATIC to the mix of cryptos that Bitpay supports offers businesses a fast, safe and secure alternative to traditional payment methods and paves the way for blockchain payments to disrupt the way consumers and businesses receive and spend funds,” Pair added. Bitpay further noted on Wednesday that in addition to MATIC, the crypto payments processor also supports 15 other crypto assets and stablecoins.

What do you think about Bitpay adding Polygon (MATIC) network support? Let us know what you think about this subject in the comments section 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.

Fidelity Investments Launches Crypto, Metaverse ETFs — Says 'We Continue to See Demand'

Fidelity Investments, one of the largest financial services firms with more than $11 trillion under administration, is launching exchange-traded funds (ETFs) focusing on the crypto ecosystem and the metaverse. "We continue to see demand, particularly from young investors, for access ... read more.

When Bitcoin first launched, the community was extremely small and it slowly grew during the first two years until the project’s creator, Satoshi Nakamoto, left the community for good. During the early years encompassing the world of cryptocurrencies, a number of anonymous individuals like Sunny King, Artforz, Rat4, and Cobra followed Satoshi’s method of keeping themselves unknown to the general public. The following is a look at the creator of the privacy-centric Cryptonote protocol, known as Nicolas van Saberhagen. The pseudonym was leveraged by the inventor of the untraceable transaction technology that sparked the features present in the blockchain networks Bytecoin, Monero, and two dozen others.

During the last 13 years, a number of individuals within the cryptocurrency ecosystem have remained anonymous. The use of anonymity when creating a crypto project continues to this very day, and people creating decentralized finance (defi) protocols, and even non-fungible token (NFT) collections have done so under anonymity.

In the early days, after Satoshi Nakamoto left, crypto project anonymity and “ninja launches” were commonplace within the nascent digital currency environment. For instance, the individual who launched the first graphics processing unit (GPU) mining farm, Artforz, was anonymous.

Artforz also implemented the first FPGA miner and launched a cryptocurrency asset called Tenebrix. The Tenebrix digital currency was dubbed a “CPU-friendly, GPU-hostile cryptocurrency” and Tenebrix gave birth to Scrypt as a proof-of-work (PoW) function and the crypto networks Fairbrix and Litecoin (LTC).

Another anonymous individual within the crypto community was Sunny King, the creator of the first proof-of-stake (PoS) function, and the inventor of Peercoin (PPC). The difference between Peercoin and most PoS networks today, is PPC is a hybrid model of both PoW and PoS. After King disappeared for a while, the anonymous creator came back to create another project called Vee.tech, which never really materialized.

A Look at One of Crypto’s Greatest Mysteries — Bytecoin’s Alleged Premine and the Puzzling Nicolas Van Saberhagen, and Cryptonote Team

Then there’s the mysterious Nicolas van Saberhagen, the anonymous creator of the Cryptonote white paper. The paper was originally published on December 12, 2012, and then a second version was later published on October 17, 2013.

Saberhagen’s Cryptonote technology was leveraged by the blockchain network Bytecoin (BCN), a crypto asset that was created from scratch, instead of being a fork of Bitcoin. The network also has a strange background, as bitcoinwiki.org says the BCN project is “not a fork of Bitcoin in any way. Its history is completely covered in the mist: countless puzzles, unknown developers’ names, and secret messages.”

Like Bytecoin, the blockchain network Monero (XMR) is also fashioned from Saberhagen’s Cryptonote technology. Not much is known about the character Saberhagen, but some have theorized that the inventor may have crafted Bytecoin (BCN) and that BCN could possibly have been “Satoshi’s second project.”

Some have said that Saberhagen may have been the creator of Bitcoin, as both individuals were anonymous and both created breakthrough cryptographic schemes. Moreover, Saberhagen may be tied to even more mystery behind the Cryptonote technology, as members of the Stanford Bitcoin Group (now called the Stanford Blockchain Club) were once accused of being behind Cryptonote technology.

A Look at One of Crypto’s Greatest Mysteries — Bytecoin’s Alleged Premine and the Puzzling Nicolas Van Saberhagen, and Cryptonote Team

However, a member of the Stanford Bitcoin Group denied being involved with Cryptonote cryptocurrencies, the white paper, and tech. He further said that the Stanford Bitcoin Group had no involvement with Cryptonote tech, either. Furthermore, besides Saberhagen, the Cryptonote technology itself was also reportedly built by a team of individuals known as Johannes Meier, Maurice Planck, Max Jameson, Brandon Hawking, Catherine Erwin, Albert Werner, and Marec Plíškov.

I am not associated with the CryptoNote cryptocurrency project despite recent accusations https://t.co/HyKxXbF352

— Alain Meier (@alain) August 16, 2014

All seven team members, which use the names of famous scientists, were interviewed in an article that appeared on the web portal bitcoinbarbie.com. The seven-member Cryptonote team doesn’t mention Saberhagen’s role at all, and they further stressed that they had no intentions of creating a cryptocurrency. The Cryptonote team remarked that before Bytecoin, there was another project called “Betanote.”

Furthermore, besides Bytecoin (BCN) and Monero (XMR), the blockchain networks Ducknote (DUCK), Fantomcoin (FCN), Quazarcoin (QCN), and Boolberry (BBR) leveraged Cryptonote technology as well. Most of the aforementioned crypto assets are long-forgotten, except for XMR, which is the largest privacy coin by market capitalization today. Besides publishing the Cryptonote white paper, Saberhagen wasn’t heard from again until an alleged talk at the P2P Financial Systems event in 2015.

Saberhagen was supposed to give a speech at the conference but instead, he allegedly called via Skype using a voice changer. It was said that no one understood Saberhagen and to this day no one has a copy of the talk. Moreover, someone offered a bounty to get his hands on the alleged talk by Saberhagen four years ago.

On April 1, 2020, monerooutreach.org published an April Fool’s Day article that claims “new evidence suggests Bitcoin founder Satoshi also created Monero.” While there’s no proof that Saberhagen and Nakamoto are the same, both creators’ inventions have created a myriad of forks. Since the launch of Bytecoin (BCN), the open-source crypto chain built from scratch spurred the creation of at least two dozen BCN clones.

While people have tried to tie Saberhagen’s persona to Satoshi Nakamoto’s identity, some have said that Saberhagen was also the original creator of Bytecoin (BCN). It has been said that Saberhagen actually called himself “Bytecoin” on bitcointalk.org as early as July 17, 2010.

Additionally, the name registered on bitcointalk.org is tied to the email “bytecoin@gmx.com,” and gmx.com was the email domain used by Satoshi when the inventor utilized the “satoshin@gmx.com” email. Even though BCN launched on America’s Independence Day (July 4) 2012, the bitcointalk.org forum member Bytecoin had been publishing posts about the subject since 2010. For instance, two years before the BCN launch, bitcointalk.org forum member Bytecoin wrote about “balance sheets” that can be forgotten.

In August 2010, Satoshi Nakamoto discussed how people can obtain blockchain privacy via “key blinding” and “group signatures.” The discussion stemmed from a conversation where users complained that Bitcoin’s “entire history of transactions is completely public.” Five days after Satoshi’s discussion, Bytecoin wrote another post about “hiding the recipient and amount until the money is spent.”

Later, the anonymous user called Bytecoin wrote about how a “wallet handling code should be a separate process.” The following year in 2011, the bitcointalk.org forum member said “untraceable transactions which can contain a secure message are inevitable.” Months later, Bytecoin wrote about “protecting privacy without generating and distributing new addresses” and all of Bytecoin’s writings and ideas proposed pre-dated the original Bytecoin (BCN) network launch in 2012.

Bytecoin has been controversial for years as it was alleged that developers premined a great deal of BCN. Questions arose about Saberhagen’s digital signatures in the two Cryptonote white papers and whether or not they were altered at a later date. It is believed that the Cryptonote white papers were backdated and version 1 of the paper was really created on October 4, 2014.

Bitcointalk.org forum member “rethink-your-strategy” claimed Bytecoin was an 82% premine, which would make it one of the largest premined coins in history, if the accusations are true. The forum member “rethink-your-strategy” added that while the creators “developed amazing technology [that] had a pretty decent implementation,” the creators were “greedy,” “scam artists,” and “Botnet creators.”

There’s a whole lot of mystery tied to Nicolas van Saberhagen, the Cryptonote team, and the creators of Bytecoin (BCN). No one knows why these people decided to become anons and publish the Cryptonote technology leading to the launch of a number of different crypto assets. Some people believe anonymity is used so law enforcement officials have no one to attack if the technology is leveraged for criminal acts.

Saberhagen and the Cryptonote team were a small group of the long list of many members in the crypto community that decided to become anons, and release something in a stealth-like manner. In these cases, there’s never an identity to place blame on when something goes wrong within the community or network. There’s also no one to congratulate either, as secrecy and complete anonymity are top priority and essentially the name of the game.

What do you think about the mystery behind the Bytecoin project’s premine, the Cryptonote white paper author Nicolas van Saberhagen, or the Cryptonote team? Let us know what you think about this subject in the comments section 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.

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.

When Bitcoin first launched, the community was extremely small and it slowly grew during the first two years until the project’s creator, Satoshi Nakamoto, left the community for good. During the early years encompassing the world of cryptocurrencies, a number of anonymous individuals like Sunny King, Artforz, Rat4, and Cobra followed Satoshi’s method of keeping themselves unknown to the general public. The following is a look at the creator of the privacy-centric Cryptonote protocol, known as Nicolas van Saberhagen. The pseudonym was leveraged by the inventor of the untraceable transaction technology that sparked the features present in the blockchain networks Bytecoin, Monero, and two dozen others.

During the last 13 years, a number of individuals within the cryptocurrency ecosystem have remained anonymous. The use of anonymity when creating a crypto project continues to this very day, and people creating decentralized finance (defi) protocols, and even non-fungible token (NFT) collections have done so under anonymity.

In the early days, after Satoshi Nakamoto left, crypto project anonymity and “ninja launches” were commonplace within the nascent digital currency environment. For instance, the individual who launched the first graphics processing unit (GPU) mining farm, Artforz, was anonymous.

Artforz also implemented the first FPGA miner and launched a cryptocurrency asset called Tenebrix. The Tenebrix digital currency was dubbed a “CPU-friendly, GPU-hostile cryptocurrency” and Tenebrix gave birth to Scrypt as a proof-of-work (PoW) function and the crypto networks Fairbrix and Litecoin (LTC).

Another anonymous individual within the crypto community was Sunny King, the creator of the first proof-of-stake (PoS) function, and the inventor of Peercoin (PPC). The difference between Peercoin and most PoS networks today, is PPC is a hybrid model of both PoW and PoS. After King disappeared for a while, the anonymous creator came back to create another project called Vee.tech, which never really materialized.

A Look at One of Crypto’s Greatest Mysteries — Bytecoin’s Alleged Premine and the Puzzling Nicolas Van Saberhagen, and Cryptonote Team

Then there’s the mysterious Nicolas van Saberhagen, the anonymous creator of the Cryptonote white paper. The paper was originally published on December 12, 2012, and then a second version was later published on October 17, 2013.

Saberhagen’s Cryptonote technology was leveraged by the blockchain network Bytecoin (BCN), a crypto asset that was created from scratch, instead of being a fork of Bitcoin. The network also has a strange background, as bitcoinwiki.org says the BCN project is “not a fork of Bitcoin in any way. Its history is completely covered in the mist: countless puzzles, unknown developers’ names, and secret messages.”

Like Bytecoin, the blockchain network Monero (XMR) is also fashioned from Saberhagen’s Cryptonote technology. Not much is known about the character Saberhagen, but some have theorized that the inventor may have crafted Bytecoin (BCN) and that BCN could possibly have been “Satoshi’s second project.”

Some have said that Saberhagen may have been the creator of Bitcoin, as both individuals were anonymous and both created breakthrough cryptographic schemes. Moreover, Saberhagen may be tied to even more mystery behind the Cryptonote technology, as members of the Stanford Bitcoin Group (now called the Stanford Blockchain Club) were once accused of being behind Cryptonote technology.

A Look at One of Crypto’s Greatest Mysteries — Bytecoin’s Alleged Premine and the Puzzling Nicolas Van Saberhagen, and Cryptonote Team

However, a member of the Stanford Bitcoin Group denied being involved with Cryptonote cryptocurrencies, the white paper, and tech. He further said that the Stanford Bitcoin Group had no involvement with Cryptonote tech, either. Furthermore, besides Saberhagen, the Cryptonote technology itself was also reportedly built by a team of individuals known as Johannes Meier, Maurice Planck, Max Jameson, Brandon Hawking, Catherine Erwin, Albert Werner, and Marec Plíškov.

I am not associated with the CryptoNote cryptocurrency project despite recent accusations https://t.co/HyKxXbF352

— Alain Meier (@alain) August 16, 2014

All seven team members, which use the names of famous scientists, were interviewed in an article that appeared on the web portal bitcoinbarbie.com. The seven-member Cryptonote team doesn’t mention Saberhagen’s role at all, and they further stressed that they had no intentions of creating a cryptocurrency. The Cryptonote team remarked that before Bytecoin, there was another project called “Betanote.”

Furthermore, besides Bytecoin (BCN) and Monero (XMR), the blockchain networks Ducknote (DUCK), Fantomcoin (FCN), Quazarcoin (QCN), and Boolberry (BBR) leveraged Cryptonote technology as well. Most of the aforementioned crypto assets are long-forgotten, except for XMR, which is the largest privacy coin by market capitalization today. Besides publishing the Cryptonote white paper, Saberhagen wasn’t heard from again until an alleged talk at the P2P Financial Systems event in 2015.

Saberhagen was supposed to give a speech at the conference but instead, he allegedly called via Skype using a voice changer. It was said that no one understood Saberhagen and to this day no one has a copy of the talk. Moreover, someone offered a bounty to get his hands on the alleged talk by Saberhagen four years ago.

On April 1, 2020, monerooutreach.org published an April Fool’s Day article that claims “new evidence suggests Bitcoin founder Satoshi also created Monero.” While there’s no proof that Saberhagen and Nakamoto are the same, both creators’ inventions have created a myriad of forks. Since the launch of Bytecoin (BCN), the open-source crypto chain built from scratch spurred the creation of at least two dozen BCN clones.

While people have tried to tie Saberhagen’s persona to Satoshi Nakamoto’s identity, some have said that Saberhagen was also the original creator of Bytecoin (BCN). It has been said that Saberhagen actually called himself “Bytecoin” on bitcointalk.org as early as July 17, 2010.

Additionally, the name registered on bitcointalk.org is tied to the email “bytecoin@gmx.com,” and gmx.com was the email domain used by Satoshi when the inventor utilized the “satoshin@gmx.com” email. Even though BCN launched on America’s Independence Day (July 4) 2012, the bitcointalk.org forum member Bytecoin had been publishing posts about the subject since 2010. For instance, two years before the BCN launch, bitcointalk.org forum member Bytecoin wrote about “balance sheets” that can be forgotten.

In August 2010, Satoshi Nakamoto discussed how people can obtain blockchain privacy via “key blinding” and “group signatures.” The discussion stemmed from a conversation where users complained that Bitcoin’s “entire history of transactions is completely public.” Five days after Satoshi’s discussion, Bytecoin wrote another post about “hiding the recipient and amount until the money is spent.”

Later, the anonymous user called Bytecoin wrote about how a “wallet handling code should be a separate process.” The following year in 2011, the bitcointalk.org forum member said “untraceable transactions which can contain a secure message are inevitable.” Months later, Bytecoin wrote about “protecting privacy without generating and distributing new addresses” and all of Bytecoin’s writings and ideas proposed pre-dated the original Bytecoin (BCN) network launch in 2012.

Bytecoin has been controversial for years as it was alleged that developers premined a great deal of BCN. Questions arose about Saberhagen’s digital signatures in the two Cryptonote white papers and whether or not they were altered at a later date. It is believed that the Cryptonote white papers were backdated and version 1 of the paper was really created on October 4, 2014.

Bitcointalk.org forum member “rethink-your-strategy” claimed Bytecoin was an 82% premine, which would make it one of the largest premined coins in history, if the accusations are true. The forum member “rethink-your-strategy” added that while the creators “developed amazing technology [that] had a pretty decent implementation,” the creators were “greedy,” “scam artists,” and “Botnet creators.”

There’s a whole lot of mystery tied to Nicolas van Saberhagen, the Cryptonote team, and the creators of Bytecoin (BCN). No one knows why these people decided to become anons and publish the Cryptonote technology leading to the launch of a number of different crypto assets. Some people believe anonymity is used so law enforcement officials have no one to attack if the technology is leveraged for criminal acts.

Saberhagen and the Cryptonote team were a small group of the long list of many members in the crypto community that decided to become anons, and release something in a stealth-like manner. In these cases, there’s never an identity to place blame on when something goes wrong within the community or network. There’s also no one to congratulate either, as secrecy and complete anonymity are top priority and essentially the name of the game.

What do you think about the mystery behind the Bytecoin project’s premine, the Cryptonote white paper author Nicolas van Saberhagen, or the Cryptonote team? Let us know what you think about this subject in the comments section 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.

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.

PRESS RELEASE. Internet City, Dubai, Oct. 26, 2022 — Crypto Investment Group, LBank Labs, welcomes new member Czhang to their investment committee team. With many successful investment cases under its belt, LBank Labs is excited to have new talent onboard and hopes to acquire more talented people into the rapidly growing investment institution.

Since 2017, Czhang has pursued his career in tech innovation investment sectors. He was part of PreAngel Fund’s Blockchain. In 2018, Czhang participated as a founding team, LP, and Partner for JRR Crypto and was also part of Binance Lab in 2021. Czhang has invested in over 200+ projects. LBank Labs is honored to have Czhang as a part of the team and believes that great things lay ahead for the institution with Czhang onboard.

Founded in 2019, LBank Labs is an independent crypto investment institution under the top global crypto exchange LBank. LBank Labs currently has a total fund size of 50 million USDT. Registered in Asia’s crypto hub Singapore, LBank Labs includes Venture Capital, Hedge Funds, and also Fund of Funds. As a specialized institution, LBank Labs have 30+ years of combined investment experience with professional research teams focused on the blockchain and cryptocurrency industry. Since its inception, LBank Labs invested in many quality early-stage public-chain projects such as VEN and NEO. Starting in 2020, LBank Labs invested in nearly 100 ecological projects such as Polkadot, NFT, and Solana.

When looking at potential investment opportunities, what LBank Labs values the most is innovation. “We’ve always supported early-stage up-and-coming things. We really hope to be the fuel to push industry growth and wider crypto adoption” a representative from LBank Labs said. LBank Labs have a wide portfolio including more than 100 projects. Some of the more widely known projects that LBank Labs have invested in include Polkadot, Solana, and Avalanche. “We want to help innovation get a good start in the industry. Besides the well-known projects, we’ve also invested in many DAOs. We hope that our investments will come to fruition and help spread the magic of crypto worldwide.”

LBank Labs view the times we are going through now as a potential opportunity to grow. The investment institution is recruiting more people and expanding amidst industry trends. “We welcome talent to join us on this very exciting trip.” the representative tells us. “We are working on multiple programs worldwide and would love to have people with both professional and regional knowledge join us. We value the experience of all kinds of professionals and welcome them to join us as team members, investment group members, or partners. ”

About LBank

LBank is one of the top crypto exchanges, established in 2015. It offers its users specialized financial derivatives, expert asset management services, and safe crypto trading. The platform holds over 7 million users from more than 210 regions worldwide. LBank is a cutting-edge growing platform that ensures the integrity of users’ funds and aims to contribute to the global adoption of cryptocurrencies.

Start trading now: lbank.com

Community and social media:

l Telegram l Twitter l Facebook l LinkedIn l Instagram l YouTube

Contact Details:

LBK Blockchain Co. Limited

LBank Exchange

marketing@lbank.info

business@lbank.info

 

 

 

 

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. Internet City, Dubai, Oct. 26, 2022 — Crypto Investment Group, LBank Labs, welcomes new member Czhang to their investment committee team. With many successful investment cases under its belt, LBank Labs is excited to have new talent onboard and hopes to acquire more talented people into the rapidly growing investment institution.

Since 2017, Czhang has pursued his career in tech innovation investment sectors. He was part of PreAngel Fund’s Blockchain. In 2018, Czhang participated as a founding team, LP, and Partner for JRR Crypto and was also part of Binance Lab in 2021. Czhang has invested in over 200+ projects. LBank Labs is honored to have Czhang as a part of the team and believes that great things lay ahead for the institution with Czhang onboard.

Founded in 2019, LBank Labs is an independent crypto investment institution under the top global crypto exchange LBank. LBank Labs currently has a total fund size of 50 million USDT. Registered in Asia’s crypto hub Singapore, LBank Labs includes Venture Capital, Hedge Funds, and also Fund of Funds. As a specialized institution, LBank Labs have 30+ years of combined investment experience with professional research teams focused on the blockchain and cryptocurrency industry. Since its inception, LBank Labs invested in many quality early-stage public-chain projects such as VEN and NEO. Starting in 2020, LBank Labs invested in nearly 100 ecological projects such as Polkadot, NFT, and Solana.

When looking at potential investment opportunities, what LBank Labs values the most is innovation. “We’ve always supported early-stage up-and-coming things. We really hope to be the fuel to push industry growth and wider crypto adoption” a representative from LBank Labs said. LBank Labs have a wide portfolio including more than 100 projects. Some of the more widely known projects that LBank Labs have invested in include Polkadot, Solana, and Avalanche. “We want to help innovation get a good start in the industry. Besides the well-known projects, we’ve also invested in many DAOs. We hope that our investments will come to fruition and help spread the magic of crypto worldwide.”

LBank Labs view the times we are going through now as a potential opportunity to grow. The investment institution is recruiting more people and expanding amidst industry trends. “We welcome talent to join us on this very exciting trip.” the representative tells us. “We are working on multiple programs worldwide and would love to have people with both professional and regional knowledge join us. We value the experience of all kinds of professionals and welcome them to join us as team members, investment group members, or partners. ”

About LBank

LBank is one of the top crypto exchanges, established in 2015. It offers its users specialized financial derivatives, expert asset management services, and safe crypto trading. The platform holds over 7 million users from more than 210 regions worldwide. LBank is a cutting-edge growing platform that ensures the integrity of users’ funds and aims to contribute to the global adoption of cryptocurrencies.

Start trading now: lbank.com

Community and social media:

l Telegram l Twitter l Facebook l LinkedIn l Instagram l YouTube

Contact Details:

LBK Blockchain Co. Limited

LBank Exchange

marketing@lbank.info

business@lbank.info

 

 

 

 

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

SEC Risks Violating Admin Procedure Act by Rejecting Spot Bitcoin ETFs, Says Grayscale

Grayscale Investments' CEO explains that the U.S. Securities and Exchange Commission (SEC) could potentially violate the Administrative Procedure Act by not approving a spot bitcoin exchange-traded fund (ETF). SEC Approving Spot Bitcoin ETF Is 'a Matter of When and Not ... read more.

PRESS RELEASE. The all-new “watchlist” functionality sends alerts and helps to identify possible risks with VASPs for banks and FIs.

The Crystal team is introducing new functionality in BETA that allows for VASP checks. This all-new feature will enable users (typically financial institutions) to add VASP entities for detailed activity monitoring to identify possible risks. The new tool has a watchlist, two compliance risk alerts, activity monitoring alerts, and stats. A watchlist is a set of entities selected by the user, for each of which constant checks are carried out by the rules specified by the user in Alert Settings. Compliance risk and activity monitoring alerts will be generated for these entities.

Crystal Blockchain Product Director Kyrylo Chykhradze stated about the release: “This new solution will also allow KYC officers to track changes in their corporate clients’ policies and other data using cryptocurrency.” He also added: “The new “watchlist” function notifies authorized personnel of suspicious blockchain transactions. The VASP checks enable users to conduct detailed research on the blockchain and minimize manual monitoring.” “Crystal is fully dedicated to enhancing its platform and making it user-friendly for all its customers.”

Compliance Risk Alerts cover risky jurisdictions based on the set of risky countries specified by the user, dangerous entity types based on the risk score profile, and supported assets (the user selects the list of risky investments). Activity Monitoring Alerts include interactions with risky jurisdictions, risky counterparties, and high-volume transactions, where users can specify up to 20 rules for flagging.

The Stats Block delivers statistics related to the operation of the watchlist system, including medium and high-risk alerts, the daily volume of funds received and sent by entities, illicit volume (received or sent to the entities with a risk score higher than 75%) and sanctioned addresses owned by the entities in the watchlist.

About Crystal Blockchain:

Crystal Blockchain is an all-in-one analytical, investigative, and risk management solution that powers transparency, clarity, and compliance for the cryptocurrency and blockchain industry. Crystal Blockchain services businesses, government organizations, law agencies, banks, and other financial institutions and is available as a SaaS, API, or on-premises installation.

Crystal is engineered by the Bitfury Group, the world’s leading full-service blockchain tech company, bringing best-in-class AML compliance and risk management solutions to exchanges, banks, and Fls.

PR & Media Contact:

Lesia Klochai

PR Manager

lesia.klochai@crystalblockchain.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

UAE Airliner Emirates to Launch NFTs and Experiences in the Metaverse

United Arab Emirates (UAE) airliner, Emirates, has announced plans to launch non-fungible tokens (NFT) and experiences in the metaverse for its workers and customers. The launch aligns with UAE's digital economy and virtual assets initiatives. First Projects Already Underway The ... read more.

Source From : News

© CoinJoker 2019 | All Rights Reserved.