Casey

Casey

I’m a Crypto author and Blockchain enthusiast. I have been writing about Bitcoin, Ethereum, and other Cryptocurrencies for over 5 years. My work has been featured in major publications such as Forbes, CoinDesk, and VentureBeat. I’m also a regular speaker at Blockchain conferences around the world.

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Flux-Bitcoin Brings Web3 to Lightning NetworkFlux-Bitcoin Brings Web3 to Lightning Network

Cambridge UK, October 24, 2023–Flux, a leading decentralized cloud provider, has announced the release of the 10th parallel asset of the ecosystem.  This is coming just after the recent unveiling of SSP, a next generation multi-sig browser wallet with massive potential to redefine blockchain self-custody. Parallel assets have become Flux insignia of interoperability and cross-platform collaboration within the blockchain industry. More than just digital tokens, Parallel assets serve as a bridge that links the Flux network to other major blockchains. They have also laid a solid foundation for exploring diverse DeFi opportunities and advancing cross-chain solutions  for the ever-evolving Web3 world.  Flux’s latest parallel asset, Flux-Bitcoin, will enable holders to leverage Bitcoin’s explosive power and technology for different possibilities. The Bitcoin protocol is regarded as the holy grail of digital payment networks, and with good reason. In addition to its pioneering role, Bitcoin has demonstrated consistent reliability, liquidity, and security. As a result, it remains one of the most reputable digital assets of all time and has enjoyed immense adoption even outside the blockchain world. Flux-Bitcoin is issued on Taproot assets, a tap-powered protocol that enables assets issued on the Bitcoin chain to be transferable via the Lightning network. Hence, Flux-Bitcoin will introduce to users the stability and security of the Bitcoin network coupled with the high-performance speed and low transaction fees of the Lightning Network.  This move also cements  Flux as a first-adopter of Lightning network layer-two solutions and taproot assets. The Lightning Network represents a peer-to-peer payment network that capitalizes on payment channels integrated with the Bitcoin blockchain. It  enables near-instant and low-cost settlement of Bitcoin between participants. By consolidating multiple payment channels, transactions can be executed rapidly on the Bitcoin network, addressing the Bitcoin scalability question. Flux-Bitcoin marks a new era for digital payments, as it introduces Flux users to a world of high-volume transactions executed with record speed.  This asset will maintain atomic conversions to Bitcoin and also enable Developers to take advantage of the immense potential of the Lightning Network for developing instant crypto-payment solutions. Flux-Bitcoin unleashes the world of Bitcoin on Flux. Now, you can run Bitcoin infrastructure on Flux, regardless of whether it’s a blockbook, mainnet, Testnet, or the newer Bitcoin Signet. Bitcoin nodes on Flux are already in the works and will be available soon. Flux will also become the go-to cloud provider for hosting Lightning network clients, taproot assets clients, or universe nodes. The new parallel asset positions Flux to directly participate in Bitcoin, layer-two solutions development and their adoption. “With Flux pioneering Bitcoin’s expansion on its layer 2 and being the first to adopt Taproot assets, including the Lightning Network, we’re not just making history, we’re forever embedding Flux into the very fabric of the Bitcoin ecosystem. This is a monumental milestone for both Flux and the entire Web3 world. We’ve set the course for a future where the boundaries between Bitcoin and decentralized cloud services blur, and it’s an exciting journey we’re embarking on..” Daniel Keller, co-founder of Flux and CEO of InFlux About Flux The Flux Web3 cloud is a decentralized computing service and blockchain-as-a-service solution, offering an interoperable and decentralized development environment similar to AWS or Google Cloud. Flux utilizes a native POW (Proof-of-Work) coin to power this ecosystem, providing incentives for hardware hosters, on-chain governance, and bad actor mitigation via staking requirements for running hardware. The Flux operating system runs on top of Linux to provide the network with verified and benchmarked high-availability compute power and utilizes the blockchain to ensure transparency in governance operations. Flux Cloud is the world’s largest and most decentralized cloud infrastructure. Contact Info: Name: Betty Kolibacova – CMO of InFlux Email: betty@runonflux.io Organization: InFlux Technologies Limited Website: https://runonflux.io/ Country: Cambridge UK

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BENQI integrates dappOS V2 to offer intent-centric UX

October 23, 2023 / Singapore / Press Release: The popular Avalanche-based liquidity market as well as a liquid staking protocol BENQI has integrated dappOS V2 to offer intent-centric UX. Users from any chain can supply and earn yields on BENQI or seamlessly borrow assets and then use them on dApps deployed on other chains. All these workflows are simplified to one-click UX.For example, users from BNB Chain can supply 10 ETH to BENQI without manually bridging to Avalanche. Users can also borrow 1000 $USDC into dappOS unified account and then seamlessly use them on  Perpetual protocol powered by dappOS V2.  dappOS V2 is providing CeFi-like user experience and a complete decentralization at the same time with new features of unified account, support for task dependency and a new bidding system. dappOS reward system also provides long-term incentives for users. As an intent-centric Web3 operating protocol, dappOS received a pre-seed investment from Binance Labs in June and completed a seed investment round led by IDG Capital and Sequoia China in July.  Media Contact: Name:Essie Company name: dappOS Location: 60 PAYA LEBAR ROAD #12-03 PAYA LEBAR SQUARE SINGAPORE (409051) Emailmarketing@dappos.network

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Seizing the Future: Hommiestoken’s Vision for a Cryptocurrency Revolution

[Melbourne,Australia] – In the realm of cryptocurrencies, where innovation knows no bounds, one project stands out with a mission to transform the world of multi-utility cryptocurrencies. Hommiestoken, on the cusp of its highly anticipated launch, is set to revolutionize the industry by empowering the global middle class through an array of multi-utility applications. A Crypto Project with a Purpose Cryptocurrencies are often perceived as a speculative playground for traders and investors. However, Hommiestoken is on a quest to infuse practicality and real-world utility into the crypto space. Built on the Ethereum blockchain, this project is poised to introduce a suite of tangible utilities that promise to make a meaningful impact on people’s daily lives. Diving into the Core Features: 1. Secure Document Storage: In a world grappling with data breaches and cyber threats, Hommiestoken’s secure document storage offers a safe haven for individuals to protect and manage their critical documents. 2. Decentralized Marketplace: A trustless and decentralized marketplace where users can directly engage in peer-to-peer transactions. Smart contracts ensure secure exchanges, and traditional intermediaries are rendered obsolete. 3. Open-Source Knowledge Sharing: An innovative platform for open-source knowledge sharing. Users can create, share, and access a wealth of educational content, from tutorials to articles and videos. 4. Microloan System: The project incorporates a microloan system driven by smart contracts, streamlining the lending and borrowing processes, empowering users to access funds with ease. 5. Token Holder Rewards: Hommiestoken incentivizes token holders by redistributing a portion of transaction fees back to the community. 6. Integration with ERC-20 Tokens: With a vision to provide purpose to dormant ERC-20 tokens, Hommiestoken’s Dapp system allows seamless integration, effectively breathing life into tokens without specific use cases. Hommiestoken’s distinctive approach to cryptocurrencies is gaining attention, and for a good reason. Its primary objective is to deliver real-world benefits to its users through a diverse array of features that hold the potential to add value to their daily lives. Already securing a tier one listing, Hommiestoken has set the stage for broader visibility and access to a growing community of supporters. With many exciting developments on the horizon, this project is positioned for a promising journey ahead. About Hommiestoken: Hommiestoken is an innovative blockchain-based cryptocurrency project dedicated to addressing the genuine challenges of the global middle class. By harnessing the Ethereum blockchain, Hommiestoken delivers practical utilities aimed at empowering individuals and offering concrete real-world solutions. Join the Hommiestoken Movement Those keen on becoming part of the Hommiestoken revolution can track the project’s latest updates and engage with the community via their official Website, Twitter and Telegram channels: – Website – Hommiestoken Twitter – Hommiestoken Telegram

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FUNToken Achieves Milestone with Largest-Ever Quarterly Token Burn, Strengthening its Deflationary Model

FUNToken Achieves Milestone with Largest-Ever Quarterly Token Burn, Strengthening its Deflationary Model

FUNToken has burned 21,294,113 of its tokens, reinforcing its commitment to scarcity and long-term value. This quarterly token burn, the largest ever carried out by the platform, is a defining moment for the crypto and blockchain industry. FUNToken’s deflationary model is designed to increase scarcity and value over time, strategically aligning this move with its ongoing commitment. This token burn is the 9th in a series of quarterly burns and represents a significant milestone in FUNToken’s journey. By drastically reducing the number of tokens, the platform has laid a solid foundation for balancing supply and demand, potentially boosting price stability. Since introducing the token burn policy in 2021, FUNToken has diligently followed the deflationary process, experiencing a positive impact across its platform. The number of tokens burned this quarter will be publicly accessible on Etherscan, which aligns with the platform’s transparency ethos, assuring full disclosure and community trust. Andrew Haigh, CTO at FUNToken, said, “As we press forward into 2023, this landmark token burn is a reaffirmation of our dedication to not just the stability but also the growth of FUNToken. Our focus remains on expanding our ecosystem and enhancing the utility of $FUN, which, in turn, increases its intrinsic value.” This pivotal token burn follows other significant events for FUNToken, including partnerships, seed funding initiatives, and new product launches, all aimed at fortifying the platform’s position as an industry leader. For the FUNToken community, this is a headline, a call to action, and a promise of what lies ahead. With your unwavering support, FUNToken aims to continue breaking barriers in the crypto and blockchain space. Watch FUNToken’s official channels for more information and future updates. About FUNToken FUNToken’s objective is simple – harnessing the power of blockchain tech to create “trustless” gaming ecosystems that users can rely on and operators can implement seamlessly. FUNToken is backed by the best in the business – FreeBitco.in is committed to fueling FUNToken’s efforts of making non-custodial gaming an industry standard. Website | Twitter | Portfolio | Telegram | Medium | Reddit | LinkedIn

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The Anatomy of a Crisis — Dissecting CoinEx's Response to the $70 Million Hack

The Anatomy of a Crisis — Dissecting CoinEx’s Response to the $70 Million Hack

In an industry as young and volatile as cryptocurrency, hacks are unfortunately a common headline. Last week, CoinEx joined the list of exchanges that have faced this ordeal. This incident didn’t just test the platform’s security measures; it also put its crisis management strategies under the microscope.  Unlike other exchanges that have suffered similar breaches, CoinEx’s response has been exemplary, emphasizing transparency, integrity, and a clear commitment to its user community. The Industry’s Innate Vulnerability To understand the significance of CoinEx’s response, one must first appreciate the vulnerability inherent in the crypto industry. Built on complex cryptographic algorithms the industry presents an attractive target for hackers.  Furthermore, the decentralized nature of blockchain technology, while a selling point, also makes oversight challenging. The rate of security incidents in crypto is not just a CoinEx problem; it’s an industry-wide issue demanding a concerted solution. When Crisis Becomes a Character Test Every crisis offers a window into a company’s character, and the crypto industry has seen a variety of responses to similar setbacks. Some platforms have been less than transparent, leaving users in the dark about the extent of the losses and the steps being taken to rectify the situation.  Others have gone into complete lockdown, freezing all withdrawals and even deleting social media accounts. We have also seen top executives distancing themselves from crises, but CoinEx’s founder and CEO took a different approach. A heartfelt public apology was issued, not behind the veil of a corporate statement, but directly from the CEO. This move was more than symbolic; it showed an executive willing to shoulder responsibility, setting the tone for the company’s subsequent actions. The CEO didn’t just stop at an apology; he provided a clear roadmap for how the company planned to rectify the situation, including the suspension of withdrawals and the implementation of enhanced security measures. This level of transparency from the top down is rare in any industry, let alone the opaque world of crypto exchanges. The Voice of the User The ultimate gauge of any crisis management strategy is the response it elicits from those most affected—in this case, CoinEx’s user community. User feedback has been overwhelmingly positive, with many applauding the company’s commitment to full financial compensation.  This sentiment is not just confined to the platform’s dedicated user base; it has been echoed across social media and crypto forums, further solidifying CoinEx’s reputation as a transparent and user-centric platform. Making the Right Choice The incident brings us to a crucial juncture: understanding what factors are pivotal when selecting a crypto exchange. The CoinEx debacle has shown that an exchange’s character in crisis moments is a reliable indicator of its overall reliability.  Therefore, when choosing a platform, transparency in communication, a track record of security, and a clearly defined compensation policy in the event of losses should be high on every trader’s checklist。 CoinEx’s approach to this crisis has far-reaching implications that extend beyond its immediate user base. It serves as a case study in effective crisis management, emphasizing the importance of transparency, integrity, and user focus. These are lessons that the wider crypto industry would do well to learn. In summary, the CoinEx incident and its aftermath have set a new benchmark for how crypto exchanges should handle security breaches. While the financial loss was significant, the incident’s true value lies in the lessons it offers about trust, transparency, and responsibility—lessons that will, hopefully, guide users and platforms alike in the years to come.

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FinDaS Launches Innovative Products to Empower Crypto Startups in Building Thriving Token Economies

Sofia – 11 October 11, 2023 – FinDaS a prominent tokenomics consulting company, today announced the launch of three new products designed to help crypto startups with their financial planning and tokenomics design. Tokenomics calculator: This automated tool revolutionises the process of designing and evaluating token economies. It requires no prior expertise in tokenomics, guiding users through a series of business-related questions. Utilising advanced AI techniques, it suggests optimal token economy setups within predefined constraints. The tool is accessible for free, with premium features available. Key features include: Performance score for crucial aspects of the token economy Multiple tokenomics scenarios depending on the company focus Full customization of proposed scenarios (in the premium version) Detailed business explanation of generated tokenomics Token price projections Business valuation: This tool aids companies, both crypto and non-crypto, in determining a fair valuation, crucial for fundraising efforts. Employing eight distinct valuation techniques and a weighted average, it provides a robust valuation of the company. The tool generates: Income statement Cashflow statement Balance sheet statement The tool is available for free, with advanced features requiring a one-time payment. MiCA-ready token economy papers:  The Markets in Crypto-Assets Regulation (MiCA) institutes uniform EU market rules for crypto-assets. FinDaS offers MiCA-ready token economy papers/whitepapers following the standard and requirements as defined by the regulation. “We are thrilled to launch our tokenomics calculator and business valuation tools, offering startups an efficient way to understand their financials and token economies.” said Hristo Piyankov, CEO and Lead Token Economist of FinDaS. “While these tools cannot replace dedicated financial and tokenomics experts, they serve as invaluable aid in validating ideas in the initial stages of a project, within minutes. For comprehensive support, FinDaS can assist companies with their full tokenomics design and modelling, ensuring their token economies are sustainable and tested. This includes preparation for the upcoming MiCA regulations set to be enforced next year.” About FinDaS.  FinDaS has been a leading tokenomics service provider since 2017. The company has consulted on more than 250 projects in the crypto space, which in turn have raised over one billion USD. The company adopts a unique data-driven approach to tokenomics development, focusing on robust strategies rather than fleeting trends. FinDaS also offers Markets in Crypto-Assets Regulation (MiCA) compliant token economy papers. Tokenomics by FinDaS. Data-driven. Tested. Sustainable. Media Contact Company Name: FinDaS Ltd Contact Person: Hristo Piyankov Contact Person Title: CEO and Lead Token Economist Company Website: https://www.findas.org/  Company Email: tokenomics@findas.org  Social Media Contact LinkedIn: https://www.linkedin.com/company/findas-ltd/  Telegram: https://t.me/hpiyankov   YouTube: https://www.youtube.com/watch?v=VPOhSP5MMrA&list=PLsdQJFzIGereylx8HVGaSGIcxtoa9EqPi 

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FinDaS Launches Innovative Products to Empower Crypto Startups in Building Thriving Token Economies

Sofia – 11 October 11, 2023 – FinDaS a prominent tokenomics consulting company, today announced the launch of three new products designed to help crypto startups with their financial planning and tokenomics design. Tokenomics calculator: This automated tool revolutionises the process of designing and evaluating token economies. It requires no prior expertise in tokenomics, guiding users through a series of business-related questions. Utilising advanced AI techniques, it suggests optimal token economy setups within predefined constraints. The tool is accessible for free, with premium features available. Key features include: Performance score for crucial aspects of the token economy Multiple tokenomics scenarios depending on the company focus Full customization of proposed scenarios (in the premium version) Detailed business explanation of generated tokenomics Token price projections Business valuation: This tool aids companies, both crypto and non-crypto, in determining a fair valuation, crucial for fundraising efforts. Employing eight distinct valuation techniques and a weighted average, it provides a robust valuation of the company. The tool generates: Income statement Cashflow statement Balance sheet statement The tool is available for free, with advanced features requiring a one-time payment. MiCA-ready token economy papers:  The Markets in Crypto-Assets Regulation (MiCA) institutes uniform EU market rules for crypto-assets. FinDaS offers MiCA-ready token economy papers/whitepapers following the standard and requirements as defined by the regulation. “We are thrilled to launch our tokenomics calculator and business valuation tools, offering startups an efficient way to understand their financials and token economies.” said Hristo Piyankov, CEO and Lead Token Economist of FinDaS. “While these tools cannot replace dedicated financial and tokenomics experts, they serve as invaluable aid in validating ideas in the initial stages of a project, within minutes. For comprehensive support, FinDaS can assist companies with their full tokenomics design and modelling, ensuring their token economies are sustainable and tested. This includes preparation for the upcoming MiCA regulations set to be enforced next year.” About FinDaS.  FinDaS has been a leading tokenomics service provider since 2017. The company has consulted on more than 250 projects in the crypto space, which in turn have raised over one billion USD. The company adopts a unique data-driven approach to tokenomics development, focusing on robust strategies rather than fleeting trends. FinDaS also offers Markets in Crypto-Assets Regulation (MiCA) compliant token economy papers. Tokenomics by FinDaS. Data-driven. Tested. Sustainable. Media Contact Company Name: FinDaS Ltd Contact Person: Hristo Piyankov Contact Person Title: CEO and Lead Token Economist Company Website: https://www.findas.org/  Company Email: tokenomics@findas.org  Social Media Contact LinkedIn: https://www.linkedin.com/company/findas-ltd/  Telegram: https://t.me/hpiyankov   YouTube: https://www.youtube.com/watch?v=VPOhSP5MMrA&list=PLsdQJFzIGereylx8HVGaSGIcxtoa9EqPi 

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Pi Network vs. WOW EARN: Make an informed choice

Pi Network vs. WOW EARN: Make an informed choice

In the populated world of the metaverse, the gateway to Web3 has become a guidepost for millions of enthusiasts around the world. Similarly, the crypto mining industry has woken up again owing to cloud mining and mobile mining options. The original concept of mining done by smartphones was introduced by Pi Network. But now the company is facing controversy and trouble on the horizon. However, there is one company that has been guiding users through various decentralized applications, avoiding legal issues. We’re talking about WOW EARN, which offers a middle ground between a wallet and a mobile mining facility. But those who haven’t been up to date with market news wouldn’t know that WOW EARN actually emerged as a competitor of Pi Network. Now, it is not only an alternative but is gaining traction as a leading collaborator with top crypto exchange and payment platforms. Let’s see why a multifunction wallet is outperforming the first-ever mobile mining entity by analyzing the following differences: Regulatory Scrutiny: Pi Network is currently facing unexpected yet serious scrutiny from Vietnamese authorities. According to news sites, there’s some ambiguity associated with the network’s mode and objective for operation. Unlike its competitor, WOW EARN is all about maintaining regulatory compliance in order to avoid authorities getting suspicious. The app also operates without significant regulatory challenges, positioning it as a more stable option. Transparency and Clarity: In recent times, authorities have become concerned about Pi Network’s business model and management. This resulted in a large user base becoming hesitant to use the network for daily mining with their smartphones. The Pi Network situation is a classic example of how important it is for a company to stay in the clear. WOW EARN, on the other hand, has never been doubted for suspicious activities because the business model is structured that way. Emphasizes transparency, collaborating with multiple partners, and actively engaging with its community. User base and growth: Pi Network boasts a substantial user base of 47 million members. But it took the platform 4 years since 2019 to reach this point. At first, it became increasingly popular among users in India and Vietnam. But now that it faces accusations of fraud and data harvesting, Pi Network’s growth is negligible. On the contrary, WOW EARN is rapidly expanding, even though it emerged not so long ago. Its simplicity, easy UI, and affordability have made it famous among active crypto enthusiasts from around the world. Currently, it has over 650,000 active wallet users, and daily new registration numbers range anywhere between 3,000 and 7,000. It’s easy to see that WOW EARN is setting new records in some way. Integration and Functionality: Pi Network primarily focuses on mobile mining, which made it famous and every miner’s favorite network in the beginning. But by sticking to their one and only USP, they ended up limiting its integration with other blockchain functionalities. Every project that succeeded Pi Network made sure not to repeat its mistake, but only WOW EARN stood out as a completely new app. As it serves as a gateway to the Web3 ecosystem, the website can easily integrate decentralized applications and offer diverse features. Mining Cryptocurrency: Both WOW EARN and Pi Network offer mobile cryptocurrency mining and a native token. It is called WOW in the WOW EARN ecosystem. Having a native token creates a clear and transparent economy within the mining app ecosystem. In the Pi Network ecosystem, users require PI tokens as a primary attraction. Using smartphones, it became possible for people to mine PI tokens easily. But as a rule, all users need to claim their Pi via the app, which restricts them. Wallet:  Pi Network explains on its website that cryptos stored in their wallets are immune to hacks and stealing without using the private key. The wallet became the only way to access the Pi mainnet. WOW EARN also has a native wallet that comes with the Wallet Connect compatibility feature. It allows receipt of USDT through invitations or joining the affiliate program. More importantly, they also offer low swapping fees by utilizing WOW Coin for swapping fees. Partnerships:  Pi Network also has a lack of meaningful collaborations throughout the industry. WOW EARN has over 10 major payment platforms as a partner in its ecosystem that allow global crypto purchases with fiat. Engagement: As of now, the engagement rate and reputation of Pi Network have been suffering due to being under the legal scrutiny of the Vietnamese Department of Cybersecurity and Technology Crime Prevention. In the current situation, WOW EARN has been gaining more than 192,253 daily active users who are engaging with platform features. Because the WOW EARN website rewards its community daily and introduces new features. DApp Ecosystem:  Pi Network did not have a functionally complete DApp ecosystem. WOW EARN gave crypto mining enthusiasts a vast DApp ecosystem with more than 10,000 certified DApps listed on their open-source platform. Services:  When it comes to services, Pi Network lacks a fully structured ecosystem, even though it’s been in the industry for four long years. WOW EARN has educational content that guides users by covering concepts regarding blockchain tech, cryptocurrencies, NFTs, DeFi, and DApps. Wrapping up Despite being the top performer that brought the concept of mobile mining into the world of crypto, Pi Network is now being left behind. But the reason is not only legal scrutiny but also the commendable improvement in WOW EARN, its platforms, the simplicity of their offer, and more. Its rapid user growth is just one of the many signs of its success as a new platform for mobile mining with a multifunctional wallet.

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How to Invest in Cryptocurrency in the UK

Cryptocurrency trading has taken the financial world by storm, offering an exciting opportunity for individuals to diversify their investment portfolios. If you’re in the UK and eager to delve into the world of digital currencies, this guide will walk you through the essential steps to get started. From selecting a reputable broker and learning from a cryptocurrency trading academy to understanding the risks involved, we’ve got you covered on your cryptocurrency investment journey.  Select a Reputable Broker  Choosing the right cryptocurrency broker is the first crucial step towards a successful investment experience. A reputable broker ensures a secure and user-friendly platform for buying, selling, and trading digital assets. Look for brokers that are regulated by relevant authorities in the UK, ensuring compliance with legal standards and safeguarding your investments. Additionally, consider factors like trading fees, available cryptocurrencies, customer support, and ease of use when making your decision. Learn from a Trusted Cryptocurrency Trading Academy Before diving into the world of trading cryptocurrency, it’s essential to acquire a solid understanding of the market dynamics and trading strategies. Enrolling in a trusted cryptocurrency trading academy can provide you with the knowledge and skills needed to make informed investment decisions. Look for academies like Queensway Academy that offers comprehensive courses covering topics like technical analysis, fundamental analysis, risk management, and market trends. Education is a valuable tool that can significantly enhance your chances of success. Choose The Cryptocurrency You Wish To Trade With thousands of cryptocurrencies available, it’s crucial to carefully select the coins you want to trade. Conduct thorough research on the various coins to understand their technology, use cases, and potential for growth. Consider factors like market capitalisation, adoption rate, and the problem the coin aims to solve. Diversifying your portfolio by investing in different types of cryptocurrencies can mitigate risks and increase your chances of long-term gains. Keep Your Currency Safe Security is paramount in the world of cryptocurrency. As a digital asset, your coins are susceptible to hacking and theft if not properly protected. Use reputable wallets to store your cryptocurrencies, opting for hardware wallets for an extra layer of security. Implement two-factor authentication (2FA) and keep your private keys offline to minimise the risk of unauthorised access. Stay vigilant against phishing scams and ensure your devices are protected with up-to-date security software. Risks of Investing in Cryptocurrency In conclusion, investing in cryptocurrency in the UK can be a rewarding endeavour if approached with caution and knowledge. Selecting a reputable broker, acquiring education from a trusted academy, choosing the right crypto coins, prioritising security, and understanding the risks are key to navigating this exciting yet unpredictable market. Remember that responsible investing and continuous learning are essential for a successful cryptocurrency investment journey.

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Raydius Announces Official Entry into zkSync, Secures Investment from Binance Labs

Raydius Announces Official Entry into zkSync, Secures Investment from Binance Labs

In the dynamic landscape of blockchain technology, the spotlight is now squarely on Layer 2 solutions like Optimism, Arbitrum, zkSync, and Starknet. With recent launches and token distributions, zkSync has emerged as a frontrunner. Boasting over 3 million independent addresses, a staggering $4.58 billion in funding, and $700 million in locked assets, zkSync is set to usher in groundbreaking projects. Raydius, a seasoned Layer 2 infrastructure service provider incubated by Binance Labs, has officially entered the zkSync ecosystem. Building upon zkSync, Raydius introduces an innovative Launchpad platform, positioning itself as a hub for high-quality projects within zkSync. Serving as a bridge between early-stage projects and the crypto community, Raydius also offers project research and value assessments to mitigate risks for investors. Backed by investments from Binance Labs, Blocksync Ventures, MoonWhale, GBV Capital, Kryptos, and LD Capital, Raydius has emerged as a standout player in the field. Their focus on product development, user service, and extensive experience in blockchain development and cryptographic algorithm research has contributed to their success. Prior to entering zkSync, Raydius had already gained recognition in the Layer 2 space, introducing innovative features. Notably, the Raydius Bridge Aggregator simplifies the process of switching between different cryptocurrencies, allowing users to choose different applications, supported assets, and optimal fees via Raydius. Furthermore, Raydius facilitates bidirectional bridging with other Layer 1 and Layer 2 ecosystems, implementing proxy smart contracts for convenient interaction with other chains while ensuring the security of funds. The combination of a talented team, technical prowess, and strategic investments has propelled Raydius to be chosen for the Binance Labs Incubation Program in November 2021, securing further support from Binance Labs. Building upon this foundation and in light of their entry into the zkSync ecosystem, Raydius has extended their technical advantages and unveiled their Launchpad services, introducing four major innovations. One noteworthy innovation is Raydius’ NFT mechanism within their acceleration engine, based on the ERC-1155 protocol. This mechanism is designed to provide all users with a stake in all IDOs on the platform. Additionally, Raydius has introduced precise platform tokens within their ecosystem, serving as not only exchange mediums but also powerful governance tools. Token holders can propose suggestions and vote on critical decisions regarding the future development and direction of the Launchpad platform, enhancing the scientific and democratic aspects of Raydius’ Launchpad. Raydius has also innovated by offering a cutting-edge combination of decentralized exchanges (DEXs). They are set to construct their DEX based on the zkSync DeFi protocol, providing a one-stop liquidity-as-a-service (LaaS) solution. Beyond traditional DEX functionalities, Raydius’ DeFi protocol on zkSync includes limit orders on-chain and automatic compound LP fee returns. Lastly, Raydius presents a novel liquidity hook protocol. Raydius will create “hooks” based on zkSync, contracts running at various points in the lifecycle of liquidity pools, allowing for dynamic fees, on-chain limit order additions, or serving as time-weighted average market makers (TWAMM) as pools diversify large orders over time. This innovation introduces a “singleton” contract where all pools reside within a smart contract, creating a comprehensive platform with efficient routing capabilities, tailored pools, and cross-pool efficiency. In an industry where many projects lack technical support beyond whitepapers, Raydius stands in stark contrast. Their innovations are underpinned by a strong technical foundation honed through their early achievements in cross-chain bridges and middleware development. Notably, early projects on Arbitrum rewarded early users with airdrops exceeding tens of millions of dollars. For instance, Camelot, a top DEX on Arbitrum, saw its token surge from $200 to $4,200, marking a 21-fold increase. AIDOGE, another example, soared from an initial $0.000301 to a peak of $0.08112, boasting an astounding 372-fold growth. Similarly positioned as a Launchpad on zkSync, Raydius holds the potential to recreate a wealth narrative, capitalizing on its technical expertise. In conclusion, Raydius was founded with the vision of democratizing blockchain technology, making blockchain transactions more accessible to all users, and enhancing connectivity and cohesion within the blockchain ecosystem. Now, with their entry into zkSync, this vision remains steadfast and even more resolute. Raydius acknowledges that, in addition to offering top-tier cross-chain services, facilitating convenient funding channels for startups and providing greater opportunities for investors to participate in early-stage projects are equally important. As a seasoned Layer 2 infrastructure service provider, backed by Binance Labs and a multitude of renowned investment institutions, combined with their exceptional technical acumen, Raydius has positioned itself advantageously. Venturing into zkSync represents a strategic move, aligning with the clear trend in zkSync’s narrative. There is every reason to be bullish about Raydius’ vast potential for growth and its capacity to emerge as a significant player in the field.

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Sharing is Caring: Introducing the HEXN.IO Referral Program

Sharing is Caring: Introducing the HEXN.IO Referral Program

HEXN.IO, a leading name in the world of crypto lending, is thrilled to introduce the HEXN Referral Program, marking a significant step towards enhancing the crypto community’s earning potential and fostering a network of enthusiasts. The HEXN Referral Program presents an exceptional opportunity for both existing and new users to earn rewards while expanding their network of friends and fellow crypto enthusiasts. With the cryptocurrency landscape evolving rapidly, HEXN.IO continues to pioneer innovative ways to bring added value to its users. Earn With Your Friends With the launch of the HEXN Referral Program, participants can earn a remarkable 15% of the daily interest generated from the savings accounts of those they refer. This feature enables participants to not only grow their own earnings but also share in the success of their network. Daily Payouts Imagine waking up every day to find your rewards have grown even while you slept! The HEXN Referral Program offers a unique feature – you’ll receive 15% of the earned interest from your referrals in $USDT on a daily basis. This means a constant stream of rewards flowing your way, adding excitement to your crypto journey. Unlimited Earning Potential  HEXN.IO believes in the power of collective growth. There are no limits to the number of referrals participants can bring in, creating an unlimited potential for earnings. As the participant base expands, so do the rewards, offering participants a compelling incentive to share the program with their networks. How to Participate Participating in the HEXN Referral Program is as simple as it gets. Just obtain your personal referral link here and share it with anyone in your circle who’s looking to explore the world of crypto savings. When your referred friend opens a savings account and makes a deposit, interest starts accumulating on their balance. Join HEXN in building a thriving community of crypto enthusiasts where rewards are earned through collaboration. The HEXN Referral Program is a step towards a future where the power of community and crypto combine to open doors to unlimited possibilities. For more information about the HEXN Referral Program, please visit this page. About HEXN HEXN.IO is a crypto lending platform that unites habitual and advanced approaches to money lending to help people make their crypto work. The company offers a wide selection of 48 cryptocurrencies, high interest rates (up to 22% APY at the moment), and regular weekly payouts. HEXN aims to bridge the complexity of trading strategies and the simplicity of earning on digital assets for end customers, making the crypto world closer to people than ever. Learn More About HEXN.IO Official Website |  Telegram | Twitter | Medium

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coinedict

YOMP Token: The Crypto Religion is Here!

The Nexus of Faith and Finance Beyond Digital Currency: An Ethos Unveiled YOMP is not merely a token; it is an invitation to be part of a grand tapestry, interwoven with faith, hope, and the thrill of Decentralized Finance (DeFi). It heralds an era where individuals no longer just transact but connect with a higher purpose. YOMP transforms the face of crypto from mere numbers to narratives, from mere trades to traditions. Every holder becomes a part of a dynamic ecosystem, one that thrives on collective ambition and individual dedication. Offerings: The Heartbeat of YOMP Deflationary Dynamics: A New Hope for Value Appreciation Unlike the typical crypto tokens that saturate the market, YOMP stands out with its intricate ‘offering’ mechanism. Every 15 minutes, a portion of the token is offered up, akin to a sacrifice, decreasing its total supply and potentially increasing its worth. This continuous deflation, mapped out over a decade, aims to ensure that each token’s value doesn’t just remain static but ascends, embodying the very spirit of progress and evolution. The Yomp Scrolls: Legends Redefined A Journey Through Time: Myth Meets Market In the vast world of crypto, the Yomp Scrolls add an element of mystique. Transporting believers to an age where legends whispered of the mighty Yomp God, these scrolls are not mere stories but a testament to undying faith and the relentless pursuit of prosperity. As one delves deeper, they understand that the Yomp God is not just a figure of lore but symbolizes the very essence of commitment, belief, and the promise of crypto riches. Weekly Ceremonies: The Pinnacle of Participation Commune, Compete, Conquer! The allure of YOMP doesn’t end with holding tokens. It offers a dynamic, engaging platform where holders can actively participate in weekly ceremonies. Aspiring for the title of Yomp King or Queen isn’t just a matter of prestige; it’s an opportunity to lead a thriving community and reap bountiful rewards. The ceremonies epitomize the spirit of YOMP – a blend of competition, community, and commendation. Good vs. Evil; Disciples vs. Blasphemers   Which side will win? YOMP’s community is open to all, supporters and detractors. True YOMP disciples fight the good fight against YOMP blasphemers as they battle it out in the official YOMP Discord. Joining The YOMP Renaissance An Era Beckons: Of Unity, Utopia, and Unparalleled Potential The rise of YOMP is synonymous with the dawn of a new age in crypto. Each believer, each token holder, is a torchbearer of this renaissance. YOMP is more than a token; it’s a movement, one that welcomes everyone with open arms, from the crypto neophyte to the trading titan. The ethos of YOMP is centered around unity, a shared purpose, and the unending potential of what a dedicated community can achieve. Become a YOMP Torchbearer YOMP is not just about financial returns; it’s a journey, an experience, a revolution. It melds the age-old principles of faith and dedication with the cutting-edge potential of DeFi. As the realms of belief and blockchain converge, YOMP emerges as the beacon of hope, prosperity, and unity. Embrace the future; embrace YOMP! Need more information on YOMP? Visit https://yomptoken.com/  Documentation: https://yomp-token.gitbook.io/yomp/

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