LBank Labs is the venture capitalist and blockchain accelerator arm of global crypto exchange LBank.
Spearheaded by investor Czhang Lin, LBank Labs is entering the market with a 100 million USDT fund to propel the Web3 industry. He recently joined the Bitcoin.com News Podcast to talk about their investment strategy and the blockchain market:
Czhang Lin is a Taiwanese Canadian entrepreneur, investor, and crypto pioneer. In the last five years, Lin’s knowledge of digital investment strategies has contributed to over a hundred successful crypto and blockchain projects.
To learn more visit LBankLabs.com.
The Bitcoin.com News podcast features interviews with the most interesting leaders, founders and investors in the world of Cryptocurrency, Decentralized Finance (DeFi), NFTs and the Metaverse. Follow us on iTunes, Spotify and Google Play.
This is a sponsored podcast. Learn how to reach our audience here. Read disclaimer below.
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
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.
Ripple CEO: SEC Lawsuit Over XRP 'Has Gone Exceedingly Well'
The CEO of Ripple Labs says that the lawsuit brought by the U.S. Securities and Exchange Commission (SEC) against him and his company over XRP "has gone exceedingly well." He stressed: "This case is important, not just for Ripple, it’s ... read more.
LBank Labs is the venture capitalist and blockchain accelerator arm of global crypto exchange LBank.
Spearheaded by investor Czhang Lin, LBank Labs is entering the market with a 100 million USDT fund to propel the Web3 industry. He recently joined the Bitcoin.com News Podcast to talk about their investment strategy and the blockchain market:
Czhang Lin is a Taiwanese Canadian entrepreneur, investor, and crypto pioneer. In the last five years, Lin’s knowledge of digital investment strategies has contributed to over a hundred successful crypto and blockchain projects.
To learn more visit LBankLabs.com.
The Bitcoin.com News podcast features interviews with the most interesting leaders, founders and investors in the world of Cryptocurrency, Decentralized Finance (DeFi), NFTs and the Metaverse. Follow us on iTunes, Spotify and Google Play.
This is a sponsored podcast. Learn how to reach our audience here. Read disclaimer below.
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
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.
Ripple CEO: SEC Lawsuit Over XRP 'Has Gone Exceedingly Well'
The CEO of Ripple Labs says that the lawsuit brought by the U.S. Securities and Exchange Commission (SEC) against him and his company over XRP "has gone exceedingly well." He stressed: "This case is important, not just for Ripple, it’s ... read more.
U.S. inflation levels dropped slightly in January, sliding from 6.5% to 6.4%. However, inflation remains higher than expected, causing concern among investors that the U.S. central bank will continue to hike the benchmark federal funds rate.
Inflation in the United States exceeded expectations among analysts and economists for January 2023. The U.S. Labor Department released the Consumer Price Index (CPI) on Feb. 14, which measures the value of goods and services across the country. From December 2022 to January 2023, the rate dropped from 6.5% to 6.4%. However, over the 12-month period, prices rose by 0.5%.
Furthermore, core CPI rose 0.4% over the month and 5.6% from the previous year. According to the U.S. Labor Department, “The index for shelter was the main contributor to the monthly all-items increase, accounting for almost half of the rise, with food, gasoline, and natural gas indexes also contributing.” The latest inflation report has caused concern among investors that U.S. Federal Reserve Chair Jerome Powell will continue to raise rates.
At the last Federal Open Market Committee (FOMC) meeting, the Fed appeared dovish and only raised the federal funds rate by 0.25%. Powell stated that the central bank has been monitoring the “disinflationary process,” but emphasized that it is still early. “There has been an expectation that it will go away quickly and painlessly — and I don’t think that’s at all guaranteed,” said Jerome Powell, the Fed chair, at an event last week.
Following the Labor Department’s CPI report, stocks, precious metals, and cryptocurrencies declined slightly but have since rebounded. As of 9:30 a.m. Eastern time on Tuesday, all four U.S. benchmark stock indexes (DJIA, SPX, COMP, RUT) are in positive territory.
Similarly, the crypto economy is recovering after experiencing some volatility immediately after the CPI was published, and it is up 0.7% today. While silver is down 1.23% at the time of writing, the price of gold per ounce has increased by 0.18% according to the New York Spot Price on Tuesday.
What do you think about the latest inflation report in the U.S.? 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.
Draft Law Regulating Aspects of Crypto Taxation Submitted to Russian Parliament
A bill updating Russia’s tax law to incorporate provisions pertaining to cryptocurrencies has been filed with the State Duma, the lower house of parliament. The legislation is tailored to regulate the taxation of sales and profits in the country’s market ... read more.
U.S. inflation levels dropped slightly in January, sliding from 6.5% to 6.4%. However, inflation remains higher than expected, causing concern among investors that the U.S. central bank will continue to hike the benchmark federal funds rate.
Inflation in the United States exceeded expectations among analysts and economists for January 2023. The U.S. Labor Department released the Consumer Price Index (CPI) on Feb. 14, which measures the value of goods and services across the country. From December 2022 to January 2023, the rate dropped from 6.5% to 6.4%. However, over the 12-month period, prices rose by 0.5%.
Furthermore, core CPI rose 0.4% over the month and 5.6% from the previous year. According to the U.S. Labor Department, “The index for shelter was the main contributor to the monthly all-items increase, accounting for almost half of the rise, with food, gasoline, and natural gas indexes also contributing.” The latest inflation report has caused concern among investors that U.S. Federal Reserve Chair Jerome Powell will continue to raise rates.
At the last Federal Open Market Committee (FOMC) meeting, the Fed appeared dovish and only raised the federal funds rate by 0.25%. Powell stated that the central bank has been monitoring the “disinflationary process,” but emphasized that it is still early. “There has been an expectation that it will go away quickly and painlessly — and I don’t think that’s at all guaranteed,” said Jerome Powell, the Fed chair, at an event last week.
Following the Labor Department’s CPI report, stocks, precious metals, and cryptocurrencies declined slightly but have since rebounded. As of 9:30 a.m. Eastern time on Tuesday, all four U.S. benchmark stock indexes (DJIA, SPX, COMP, RUT) are in positive territory.
Similarly, the crypto economy is recovering after experiencing some volatility immediately after the CPI was published, and it is up 0.7% today. While silver is down 1.23% at the time of writing, the price of gold per ounce has increased by 0.18% according to the New York Spot Price on Tuesday.
What do you think about the latest inflation report in the U.S.? 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.
Draft Law Regulating Aspects of Crypto Taxation Submitted to Russian Parliament
A bill updating Russia’s tax law to incorporate provisions pertaining to cryptocurrencies has been filed with the State Duma, the lower house of parliament. The legislation is tailored to regulate the taxation of sales and profits in the country’s market ... read more.
PRESS RELEASE. Swanage, UK, February 14, 2023 – UK-based PEGA Pool announces the official launch of its eco-friendly Bitcoin mining pool that enables clients to offset their carbon footprint and incentivizes them to use renewable energy. By allowing clients to connect their ASIC miners to its platform and mine together, it provides them with a more consistent and attractive income than mining alone.
PEGA Pool is one of the world’s top 10 largest Bitcoin mining pools, according to BTC.com. With the growing adoption of Bitcoin, the Proof-of-Work mining operations have received a lot of criticism from individuals, corporations, and governments over the industry’s fossil fuel consumption. Countries such as China have banned crypto mining due to its negative environmental impacts. As a result, the industry is witnessing a spike in demand for sustainable mining options.
PEGA Pool’s mission to create a more sustainable industry began with its parent company PEGA Mining Ltd, which uses only renewable energy for its mining operations, demonstrating that large-scale Bitcoin mining with green energy alone is absolutely possible.
David Bungay, CEO of PEGA Pool, said, “I am very excited to announce the official launch of PEGA Pool, our British Eco-Friendly Bitcoin Mining Pool. Our journey began with PEGA Mining which gave us the desire to build PEGA Pool and provide the world with what was missing in our industry. We built PEGA Pool so that we could not only offer our clients a top-performing trustworthy mining pool but also provide them with an incentive to change the industry for the better and follow in our green footsteps.”
PEGA Pool offers an aggressive payout structure with a competitive Full-Pay-Per-Share (FPPS) model that incentivizes miners to switch to renewable energy sources. It is one of the highest paying Bitcoin mining pools for revenue per TH (Terahash). The platform is open to all Bitcoin mining clients, irrespective of what energy source they use.
Clients mining with renewable energy pay 50% lower pool fees. It not only rewards miners making a positive impact on the environment, but also encourages others to use renewable energy.
For those mining with fossil fuel sources, PEGA Pool uses a portion of their pool fees to plant trees in order to partially offset their carbon footprint. It has already planted over 148,000 trees, resulting in a yearly offset of 3,967 tons of CO2. This initiative gives miners the peace of mind that PEGA Pool is planting trees on their behalf to help offset their carbon emissions.
Currently, with the Bitcoin price low and mining difficulty rising, miners are finding it difficult to generate profits. With PEGA Pool, they benefit from the reduced pool fees, which can make a noticeable difference in their profitability. It ensures that miners can stay afloat even during the bear market.
PEGA Pool’s unique Global Pool Infrastructure ensures that it is resilient to outages and equipment issues, including those caused by natural disasters. Established and operating in the UK, the platform offers the world a trustworthy and reliable mining pool that was built by miners themselves.
About PEGA Pool
PEGA Pool is a UK-based, eco-friendly Bitcoin mining pool which enables clients to obtain a more consistent, stable income than they would mining alone whilst offsetting their carbon emissions. The platform is open to all Bitcoin miners, regardless of whether they use renewable or non-renewable energy.
For more information, visit: Website | Twitter | LinkedIn
For media inquiries, please contact: Magda Lesniowska, marketing@pega-pool.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
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. Swanage, UK, February 14, 2023 – UK-based PEGA Pool announces the official launch of its eco-friendly Bitcoin mining pool that enables clients to offset their carbon footprint and incentivizes them to use renewable energy. By allowing clients to connect their ASIC miners to its platform and mine together, it provides them with a more consistent and attractive income than mining alone.
PEGA Pool is one of the world’s top 10 largest Bitcoin mining pools, according to BTC.com. With the growing adoption of Bitcoin, the Proof-of-Work mining operations have received a lot of criticism from individuals, corporations, and governments over the industry’s fossil fuel consumption. Countries such as China have banned crypto mining due to its negative environmental impacts. As a result, the industry is witnessing a spike in demand for sustainable mining options.
PEGA Pool’s mission to create a more sustainable industry began with its parent company PEGA Mining Ltd, which uses only renewable energy for its mining operations, demonstrating that large-scale Bitcoin mining with green energy alone is absolutely possible.
David Bungay, CEO of PEGA Pool, said, “I am very excited to announce the official launch of PEGA Pool, our British Eco-Friendly Bitcoin Mining Pool. Our journey began with PEGA Mining which gave us the desire to build PEGA Pool and provide the world with what was missing in our industry. We built PEGA Pool so that we could not only offer our clients a top-performing trustworthy mining pool but also provide them with an incentive to change the industry for the better and follow in our green footsteps.”
PEGA Pool offers an aggressive payout structure with a competitive Full-Pay-Per-Share (FPPS) model that incentivizes miners to switch to renewable energy sources. It is one of the highest paying Bitcoin mining pools for revenue per TH (Terahash). The platform is open to all Bitcoin mining clients, irrespective of what energy source they use.
Clients mining with renewable energy pay 50% lower pool fees. It not only rewards miners making a positive impact on the environment, but also encourages others to use renewable energy.
For those mining with fossil fuel sources, PEGA Pool uses a portion of their pool fees to plant trees in order to partially offset their carbon footprint. It has already planted over 148,000 trees, resulting in a yearly offset of 3,967 tons of CO2. This initiative gives miners the peace of mind that PEGA Pool is planting trees on their behalf to help offset their carbon emissions.
Currently, with the Bitcoin price low and mining difficulty rising, miners are finding it difficult to generate profits. With PEGA Pool, they benefit from the reduced pool fees, which can make a noticeable difference in their profitability. It ensures that miners can stay afloat even during the bear market.
PEGA Pool’s unique Global Pool Infrastructure ensures that it is resilient to outages and equipment issues, including those caused by natural disasters. Established and operating in the UK, the platform offers the world a trustworthy and reliable mining pool that was built by miners themselves.
About PEGA Pool
PEGA Pool is a UK-based, eco-friendly Bitcoin mining pool which enables clients to obtain a more consistent, stable income than they would mining alone whilst offsetting their carbon emissions. The platform is open to all Bitcoin miners, regardless of whether they use renewable or non-renewable energy.
For more information, visit: Website | Twitter | LinkedIn
For media inquiries, please contact: Magda Lesniowska, marketing@pega-pool.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
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. Vienna, February 14, 2023 – Pantos, a multichain token system conceived by the team behind Bitpanda, announces the public beta launch of its multichain protocol today. Developers and users will be able to use the public beta to send tokens, wrap native coins of supported chains, and soon also create and deploy multichain tokens easily with a few clicks.
Pantos is introducing a new Multichain Token Standard called PANDAS (Pantos Digital Asset Standard) to bring a truly multichain token system to the masses, enabling secure and seamless Web3 interoperability. Pantos currently supports seven chains on testnet: Ethereum, Polygon, Avalanche, BNB, Cronos, Celo and Fantom; and plans to integrate more EVM and non-EVM chains continuously.
The majority of today’s Web3 applications and bridges lack the security and smooth user experience needed to bring Web3 functionalities to the masses. Pantos aims to improve this by offering a reliable infrastructure and the right tools to empower developers to easily create multichain assets.
Pantos began in 2018 as an in-house research project by Bitpanda in collaboration with TU Wien (Austria) and later also TU Hamburg (Germany) to establish an open standard for truly decentralized multichain token transfers and blockchain interoperability. The public beta comes out after years of ground-breaking research in the fields of oracles, relays, smart contracts and blockchain efficiency. Pantos together with its researchers at the universities run one of the largest blockchain research labs in the world, as part of the Christian Doppler Laboratory Blockchain Technologies for the Internet of Things and have been able to secure funding for the project from the Austrian government.
Eric Demuth, CEO and Co-Founder of both Pantos and Bitpanda, said “We are thrilled to introduce the public beta after years of research in collaboration with some of the most reputed universities in Europe. We believe that Multichain technology will be a catalyst for Web3 and foster widespread crypto adoption. Pantos offers users the simplest way to access a multichain Web3.”
Bitpanda’s business expertise helps Pantos with the transition from a research project to a fully-functional product available to end users and developers in a simple and accessible way. Bitpanda will also be one of the first adopters of Pantos’ multichain token system. Furthermore, Pantos has secured a partnership with the leading Austrian bank, Raiffeisen Bank International (RBI), that is working with Pantos on blockchain interoperability solutions. Pantos’ native token PAN is currently available for trading on Bitpanda and N26.
Researchers at Pantos are developing technology that will allow users to transfer digital assets of any kind freely between different blockchain protocols in a completely decentralized and trustless manner. Using the new PANDAS-20 standard, developers will be able to deploy assets on a variety of blockchains without maintenance work. Interested users or digital creators who lack coding skills will be able to deploy their own multichain tokens with ease.
Though it aims to eventually become a fully decentralized open-source protocol with PAN as its own gas token, the public beta of Pantos comes with a trusted validation mechanism to ensure a smooth launch. This way, the team will ensure that the network cannot be attacked in its early stages, before it gradually evolves into a fully decentralized system.
About Pantos
Started as a research project by the team behind Bitpanda in 2018, Pantos is an open-source protocol on a mission to make Web3 truly interoperable. It aims to become an enabler for sophisticated Web3 applications. Pantos’ cutting-edge technology allows existing and upcoming tokens to be deployed on multiple blockchain networks, giving users the freedom to choose the most suitable network for their digital assets. It had secured $12.1 million in funding through an Initial Coin Offering (ICO) on Bitpanda in 2018.
For media inquiries, contact: Marsel Nenaj, contact@pantos.io
For more information, visit: Website | Twitter
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
Ripple CEO: SEC Lawsuit Over XRP 'Has Gone Exceedingly Well'
The CEO of Ripple Labs says that the lawsuit brought by the U.S. Securities and Exchange Commission (SEC) against him and his company over XRP "has gone exceedingly well." He stressed: "This case is important, not just for Ripple, it’s ... read more.
PRESS RELEASE. Vienna, February 14, 2023 – Pantos, a multichain token system conceived by the team behind Bitpanda, announces the public beta launch of its multichain protocol today. Developers and users will be able to use the public beta to send tokens, wrap native coins of supported chains, and soon also create and deploy multichain tokens easily with a few clicks.
Pantos is introducing a new Multichain Token Standard called PANDAS (Pantos Digital Asset Standard) to bring a truly multichain token system to the masses, enabling secure and seamless Web3 interoperability. Pantos currently supports seven chains on testnet: Ethereum, Polygon, Avalanche, BNB, Cronos, Celo and Fantom; and plans to integrate more EVM and non-EVM chains continuously.
The majority of today’s Web3 applications and bridges lack the security and smooth user experience needed to bring Web3 functionalities to the masses. Pantos aims to improve this by offering a reliable infrastructure and the right tools to empower developers to easily create multichain assets.
Pantos began in 2018 as an in-house research project by Bitpanda in collaboration with TU Wien (Austria) and later also TU Hamburg (Germany) to establish an open standard for truly decentralized multichain token transfers and blockchain interoperability. The public beta comes out after years of ground-breaking research in the fields of oracles, relays, smart contracts and blockchain efficiency. Pantos together with its researchers at the universities run one of the largest blockchain research labs in the world, as part of the Christian Doppler Laboratory Blockchain Technologies for the Internet of Things and have been able to secure funding for the project from the Austrian government.
Eric Demuth, CEO and Co-Founder of both Pantos and Bitpanda, said “We are thrilled to introduce the public beta after years of research in collaboration with some of the most reputed universities in Europe. We believe that Multichain technology will be a catalyst for Web3 and foster widespread crypto adoption. Pantos offers users the simplest way to access a multichain Web3.”
Bitpanda’s business expertise helps Pantos with the transition from a research project to a fully-functional product available to end users and developers in a simple and accessible way. Bitpanda will also be one of the first adopters of Pantos’ multichain token system. Furthermore, Pantos has secured a partnership with the leading Austrian bank, Raiffeisen Bank International (RBI), that is working with Pantos on blockchain interoperability solutions. Pantos’ native token PAN is currently available for trading on Bitpanda and N26.
Researchers at Pantos are developing technology that will allow users to transfer digital assets of any kind freely between different blockchain protocols in a completely decentralized and trustless manner. Using the new PANDAS-20 standard, developers will be able to deploy assets on a variety of blockchains without maintenance work. Interested users or digital creators who lack coding skills will be able to deploy their own multichain tokens with ease.
Though it aims to eventually become a fully decentralized open-source protocol with PAN as its own gas token, the public beta of Pantos comes with a trusted validation mechanism to ensure a smooth launch. This way, the team will ensure that the network cannot be attacked in its early stages, before it gradually evolves into a fully decentralized system.
About Pantos
Started as a research project by the team behind Bitpanda in 2018, Pantos is an open-source protocol on a mission to make Web3 truly interoperable. It aims to become an enabler for sophisticated Web3 applications. Pantos’ cutting-edge technology allows existing and upcoming tokens to be deployed on multiple blockchain networks, giving users the freedom to choose the most suitable network for their digital assets. It had secured $12.1 million in funding through an Initial Coin Offering (ICO) on Bitpanda in 2018.
For media inquiries, contact: Marsel Nenaj, contact@pantos.io
For more information, visit: Website | Twitter
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
Ripple CEO: SEC Lawsuit Over XRP 'Has Gone Exceedingly Well'
The CEO of Ripple Labs says that the lawsuit brought by the U.S. Securities and Exchange Commission (SEC) against him and his company over XRP "has gone exceedingly well." He stressed: "This case is important, not just for Ripple, it’s ... read more.
PRESS RELEASE. SEOUL, South Korea, FEBRUARY 14, 2023 — AI Network, a leading Korea-based AI blockchain Layer 1, is proud to announce its listing on Bittrex Global, a leading cryptocurrency exchange. For all users of Bittrex Global Exchange, the AIN/USDT trading pair will be officially available for trading on February 15, 2023, at 09:00 AM (UTC+9).
AI Network is a blockchain protocol-based collaborative computing architecture for artificial intelligence and metaverse. AI Network provides AINFT technology that enables NFTs to interact with users and data in the metaverse, transforming them into dynamic and intelligent beings. Its native token – $AIN, will be listed on Bittrex Global Exchange at 9:00 AM UTC+9 on February 15, 2023, to expand its global reach further and help it achieve its ‘Bring NFTs to Life’ vision.
Internet for AI, at its starting point
AI Network is on a mission to create an ‘Internet for AI’ that connects GPUs with developers globally, building an AI ecosystem for both AI developers and open-source program creators. The goal is to create a decentralised network for global AI development that is accessible to everyone, not just Big Tech companies. AI Network seeks to provide a sustainable development environment for AI, breaking down the barriers and high costs that come with borrowing GPUs from Big Tech companies. The Runo NFT is an essential component of this vision, connecting resource providers and developers to the Internet of Artificial Intelligence. It provides the necessary resources for AI development and execution, serving as an infrastructure for AI development that rewards contributors to the ecosystem.
Why list on Bittrex Global
Bittrex Global is one of the oldest and most well-established exchanges in the crypto industry. The exchange operates globally and is a fully-compliant and regulated exchange, which can help to provide reassurance to investors that their investments are protected. The exchange also has strict listing requirements, which helps to ensure that only high-quality projects are listed on the exchange. Lastly, Bittrex Global has a large user base and provides high liquidity for many cryptocurrencies, making it easier for traders to buy and sell tokens quickly and at favourable prices. Bittrex Global has established a reputation for legitimacy, traffic, and liquidity, boasting $300 million in daily trading volumes, making it the ideal partner for the first centralised exchange listing of $AIN.
“We are thrilled to be listed on Bittrex Global, one of the world’s leading cryptocurrency exchanges,” said Minhyun Kim, Founder at AI Network. “Our listing on Bittrex Global will provide a significant boost to our efforts to democratise access to advanced AI blockchain technology and help drive innovation in the industry. We look forward to working with the Bittrex Global team to provide our users with a safe and secure platform to manage their digital assets.”
Bittrex Global offers a fast, secure, and reliable platform for digital trading assets. With its cutting-edge technology and innovative features, Bittrex Global is well positioned to provide a top-notch user experience for AI Network’s growing community.
About AI Network
AI Network is a blockchain protocol-based collaborative computing architecture for artificial intelligence and metaverse. With the motto ‘Bring NFTs to Life’, AI Network provides AINFT technology that enables NFTs to interact with users and data in the metaverse, transforming them into dynamic and intelligent beings.
About Bittrex Global
Bittrex Global is a Liechtenstein-based cryptocurrency exchange that offers a fast, secure, and reliable platform for digital trading assets. With its cutting-edge technology and innovative features, Bittrex Global is well-positioned to provide a top-notch user experience for traders and investors around the world.
For more information on AI Network, please visit their website.
Media Contact:
Adam
adam@comcom.ai
Company: AI Network
Website: https://www.ainetwork.ai
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. SEOUL, South Korea, FEBRUARY 14, 2023 — AI Network, a leading Korea-based AI blockchain Layer 1, is proud to announce its listing on Bittrex Global, a leading cryptocurrency exchange. For all users of Bittrex Global Exchange, the AIN/USDT trading pair will be officially available for trading on February 15, 2023, at 09:00 AM (UTC+9).
AI Network is a blockchain protocol-based collaborative computing architecture for artificial intelligence and metaverse. AI Network provides AINFT technology that enables NFTs to interact with users and data in the metaverse, transforming them into dynamic and intelligent beings. Its native token – $AIN, will be listed on Bittrex Global Exchange at 9:00 AM UTC+9 on February 15, 2023, to expand its global reach further and help it achieve its ‘Bring NFTs to Life’ vision.
Internet for AI, at its starting point
AI Network is on a mission to create an ‘Internet for AI’ that connects GPUs with developers globally, building an AI ecosystem for both AI developers and open-source program creators. The goal is to create a decentralised network for global AI development that is accessible to everyone, not just Big Tech companies. AI Network seeks to provide a sustainable development environment for AI, breaking down the barriers and high costs that come with borrowing GPUs from Big Tech companies. The Runo NFT is an essential component of this vision, connecting resource providers and developers to the Internet of Artificial Intelligence. It provides the necessary resources for AI development and execution, serving as an infrastructure for AI development that rewards contributors to the ecosystem.
Why list on Bittrex Global
Bittrex Global is one of the oldest and most well-established exchanges in the crypto industry. The exchange operates globally and is a fully-compliant and regulated exchange, which can help to provide reassurance to investors that their investments are protected. The exchange also has strict listing requirements, which helps to ensure that only high-quality projects are listed on the exchange. Lastly, Bittrex Global has a large user base and provides high liquidity for many cryptocurrencies, making it easier for traders to buy and sell tokens quickly and at favourable prices. Bittrex Global has established a reputation for legitimacy, traffic, and liquidity, boasting $300 million in daily trading volumes, making it the ideal partner for the first centralised exchange listing of $AIN.
“We are thrilled to be listed on Bittrex Global, one of the world’s leading cryptocurrency exchanges,” said Minhyun Kim, Founder at AI Network. “Our listing on Bittrex Global will provide a significant boost to our efforts to democratise access to advanced AI blockchain technology and help drive innovation in the industry. We look forward to working with the Bittrex Global team to provide our users with a safe and secure platform to manage their digital assets.”
Bittrex Global offers a fast, secure, and reliable platform for digital trading assets. With its cutting-edge technology and innovative features, Bittrex Global is well positioned to provide a top-notch user experience for AI Network’s growing community.
About AI Network
AI Network is a blockchain protocol-based collaborative computing architecture for artificial intelligence and metaverse. With the motto ‘Bring NFTs to Life’, AI Network provides AINFT technology that enables NFTs to interact with users and data in the metaverse, transforming them into dynamic and intelligent beings.
About Bittrex Global
Bittrex Global is a Liechtenstein-based cryptocurrency exchange that offers a fast, secure, and reliable platform for digital trading assets. With its cutting-edge technology and innovative features, Bittrex Global is well-positioned to provide a top-notch user experience for traders and investors around the world.
For more information on AI Network, please visit their website.
Media Contact:
Adam
adam@comcom.ai
Company: AI Network
Website: https://www.ainetwork.ai
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PRESS RELEASE. For foreign investors who have always wanted to diversify their portfolio with African assets but have been held back by security and transparency, this might be a game-changer.
Africa is a continent that is rich with potential and opportunity. However, due to prolonged periods of negative portrayals and limited access to resources or capital, it has not been able to maximise this potential. This has led to a lack of economic growth and development in many African countries.
While many attempts have been made to address these issues, the lack of a secure and efficient alternative capital and fundraising market has resulted in further economic stagnation. This is where cryptocurrency, blockchain technology and the recently launched DPA Token (DPAT) come into play.
What is DPA Token (DPAT)?
In addition to acting as a dependable store of value and efficient global money transfer tool, cryptocurrencies have developed into premier investing devices. They grant retail investors with no background in the market access to profitable opportunities that used to be limited exclusively to renowned venture capitalists and accredited angel investors.
Thus, DPA Token (DPAT) has been designed to give retail investors the opportunity to participate in African land ventures. For both real estate developers and crypto holders alike, this project unlocks untapped potential that can’t be found anywhere else.
Forging the way forward, a team of property and blockchain aficionados fully KYD’d by Coinsult launched Direct Property Africa to focus on upcoming real estate ventures across the continent. Investing in DPA Token (DPAT) is a promising venture for advocates seeking to capitalise on Africa’s growing land and property market in a transparent and safe way.
SolidProof finished the DPA Token smart contract audit, freeing the team to concentrate on developing this cutting-edge Web3-native land and property investment and trading platform with a number of compelling characteristics like transparency and inclusion. Every single land investment will have its own non-fungible token (NFT) mirrored and fractionalised, offering low entry levels so more investors can participate.
The Need for Blockchain Technology and Cryptocurrencies in Africa
With the right tools, blockchain technology and cryptocurrencies could potentially revolutionize economic development across Africa. With its ability to securely store data and facilitate fast money transfers, it can be used to increase opportunity, provide liquidity, improve access to financial services, increase transparency, and ultimately catalyze growth.
Urbanization, population growth, and a deepening connection to the global economy have all created both pressures and possibilities for rapid infrastructure expansion in African cities. Real estate is one of the better-positioned sectors to drive this growth.
The African real estate market is projected to grow at a significantly faster rate than other markets in the world, making it an ideal platform for blockchain and cryptocurrency investments. The next five years alone are expected to bring 200 million new citizens into African cities – creating a real estate surge of unprecedented magnitude throughout the continent.
The Bottom Line
With the booming real estate industry in Africa, investing has become a key factor for growth. At DPA Token (DPAT), the team aims to identify projects and land with the highest potential for long-term development in African cities. They are also looking to collaborate with reputable local real estate developers that have been verified and boast successful track records. The team has already broken ground on a project and partnered with Jacob West Ghana to launch the first NFT-funded project in Africa, The Khari Project.
The African real estate industry is expected to grow exponentially in the years ahead, and DPA Token (DPAT) provides retail investors with a unique opportunity to capitalize on this growth. In addition, the use of blockchain technology allows for the transfer of money from anywhere on the planet and provides a channel to access new lucrative emerging markets in a transparent way. Investing in DPA Token (DPAT) could be a smart move for anyone seeking to benefit from Africa’s clear economic potential!
For more information visit: https://dpatoken.io/link/
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.
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