Crypto

The Seven Sins of Sinso First sin: Lack of return on investment As a member of the Sinso community, I participated in the second stage of the SSC test network of Sinso and the third stage of the Amstar test network. The total token output of the 2000 nodes was about 2000, and the total income from staking 1300 nodes was about 6600. The IEO price given by XT Exchange is 1.6 USDT, which may seem attractive, but this is the income I earned over five months. When factoring in the price of mining equipment and electricity bills, my returns were negligible. A mining machine has 10 nodes, and the 2000 nodes in the network account for only 20% of the computing power of the entire network. I invested nearly USD 200,000 to exchange for less than 10,000 Sinso tokens, resulting in an ROI of less than 10% based on the price of 1.6 USDT per token. Furthermore, there are approximately 20 million Sinso tokens in circulation throughout the network. Second sin: Excessive liquidity after the launch Only 20% of the total tokens are currently in circulation As a Sinso project partner, I was contacted by a Venture Capitalist who was disappointed to learn that the lock-in period of his investment was nearly extended twofold upon getting listed on the exchange. The initial lock-in period was 1.5 years but has now been changed to 3 years. This investor was unhappy because the project experienced a significant price drop immediately after launch. I then investigated the circulation of the entire project and discovered that the primary market of the project is divided into Seed rounds, namely Private A, Private B, and IEO rounds, releasing only 12.3% of the circulation, with mining releasing nearly 8% of the circulation. To cover this, it would require market management funds equivalent to 20 million tokens in value, but I doubt that miners and communities will be willing to invest under these circumstances. Third sin: IEOs on the XT exchange have underperformed BIVE falling by 8 times QIE falling by 13.5 times All IEO projects on XT Starter have experienced a significant drop in value, with BIVE falling by 8 times and QIE falling by 13.5 times. This is a concerning trend. It is concerning that miners are unable to trade immediately after launch, while Venture Capitalists can launch early and potentially dump their investments. The lack of transparency around this issue is troubling.  Fifth sin:Suddenly change the staked network for redemption in 90 days The official instructions for staking were unclear, and investors were only informed that they could unlock their tokens after 90 days. This is concerning for the 531 nodes that have already staked their tokens. It raises questions about the project’s transparency and motives. Sixth sin: Misleading information about launch platforms It is concerning that Sinso officials misled investors about the launch platform. As a miner, I joined the project because I was told it would launch on Coinlist, but now it is only launching on XT. Seventh sin: Plagiarism of the BZZ code There are allegations that Sinso plagiarized the BZZ code. If true, this could damage the project’s reputation and legitimacy.

CoinW, a world-class cryptocurrency exchange, has taken immediate action in fulfilling its public welfare responsibilities in the wake of the recent earthquake in Turkey, which has caused nearly 10,000 deaths in Turkey and Syria as of February 8. The CoinW Turkey operation team has actively raised relevant relief materials, contacted local government agencies and charitable organizations, and transferred the first batch of relief materials to the earthquake area. An emergency response team was also established to continue monitoring the development of the disaster situation in Turkey, and provide full support to the earthquake relief operations. CoinW is committed to actively providing assistance to the affected area, and fulfilling its corporate social responsibility.  At 4:17 a.m. local time on the 6th, Turkey experienced its first major earthquake of 7.8 magnitude. The tremor was felt in Syria, Lebanon, Cyprus, Iraq, Egypt and Israel. Two days later, on February 8, another earthquake of 7.8 magnitude struck the country at 13:24, followed by a 5.1-magnitude earthquake at 14:11. The earthquakes have resulted in the death of over 11,000 people in Turkey and its neighboring countries. The earthquake occurred under extremely harsh conditions, during a severe winter and late at night. CoinW recognized the pressing needs of the affected areas and quickly raised daily necessities such as heaters, blankets, sleeping bags, bed sheet sets, hygiene products, drinking water, clean clothes, baby food, power banks, winter boots and coats, scarves and gloves. These materials were delivered to the disaster area on February 8, providing much-needed relief and solving the urgent needs of those affected. CoinW’s CEO said, “In times of crisis, it is our responsibility as an enterprise to provide earthquake relief and assistance. We have acted quickly to support disaster areas as possible as we can. We are devoted to practicing our social responsibility as the world’s leading cryptocurrency trading platform, and dedicated to helping to those in disaster-stricken areas.” At present, aftershocks are still being felt in the epicenter area. The World Health Organization estimates that up to 23 million people could be affected by the quake, including around 5 million living in poverty. CoinW is monitoring the situation closely and supporting victims to rebuild their homes as soon as possible. Moreover, CoinW is calling on everyone to join the earthquake relief efforts and assist those in disaster-stricken areas to get through this difficult time.

DUBAI, UAE (NAME), February 02, 2022 — BestChange, a leading exchange in the cryptocurrency exchange sector, is commemorating its 15th anniversary, a watershed moment in its history. The organization has devoted itself throughout the years to offering its consumers safe, secure, and dependable exchange services. The site has linked traders to over 200 reputable cryptocurrency exchangers, making it the go-to option for anyone looking for a safe and secure trading experience. BestChange provides a vast range of alternatives, with over 30,000 direction pairings to pick from, including cryptocurrencies, e-payment systems, and fiat options like cash and bank wire transfers. Furthermore, the network undertakes extensive research to guarantee that only reputable exchangers are featured on its platform, and it allows for real-time tracking of numerous cryptocurrencies, including stablecoins and altcoins. BestChange has safeguarded its consumers’ safety throughout the years by deleting providers with negative ratings or a poor reputation from its marketplace. As a currency exchange company, BestChange started out to make currency buying, selling and exchanging as easy as possible. Over time, the site has established itself as a go-to destination for consumers seeking a user-friendly experience, cheap exchange rates, and a diverse range of trustworthy crypto and e-currency conversion services. Users may simply browse among over 200 exchangers, read user reviews and extensive information, and even set up alerts for advantageous exchange rates with only a few clicks. To cater to the ever-changing needs of the cryptocurrency industry, BestChange has evolved from its modest beginnings as a platform for exchanging e-currencies between prominent e-wallets such as Skrill and PayPal. It is now a one-stop shop for novice and experienced traders alike, offering easy access to the market without authentication. Furthermore, the site provides users with a variety of information to assist them in making sound trading decisions. BestChange has been a trusted and trustworthy leader in the business for over 15 years because of its flexibility and dedication to innovation. As BestChange’s CEO stated, “Our mission 15 years ago was to make it easy and accessible for anyone to buy, trade, and exchange currencies.” Our team is proud to have served millions of consumers and witnessed the industry’s progress as we commemorate this milestone. As we celebrate this accomplishment, we anticipate continuing to provide our clients with an innovative, dependable, and user-friendly platform that will serve them well.” The platform is designed to make it straightforward and easy for users to buy, trade, and exchange a multitude of e-currencies and cryptocurrencies. With BestChange, users can choose between a number of exchange options and accept a range of currencies, including cryptocurrencies, e-payment methods, and fiat currency. Aside from this, it is one of the most reputable exchange platforms available today, ensuring the pleasure and security of clients. About BestChange Over the past 15 years, BestChange has served as a leading authority in the cryptocurrency sector as a symbol of trust and reliability. A simple and painless experience for buying, trading, and exchanging a variety of e-currencies and cryptocurrencies was the focus of the platform. Customers looking for a secure and safe trading environment have found the platform a popular option due to its emphasis on customer satisfaction and security.  Media Contact Contact: Yulia Martsul E-mail: promo@bestchange.com  Website: https://www.bestchange.com/   

The Singapore-based Crypto start up aims to accelerate mass adoption of crypto investing for the next billion users. Crypto investment platform, KoinBasket has launched its “Demo Trading App” that allows users to invest in cryptocurrencies without investing any real money. This new product aligns with the company’s vision and novel approach towards helping novice retail investors find their feet in the world of Cryptocurrency investment. Koinbasket lets newbie investors invest in diversified cryptocurrency portfolios and indexes in a hassle free manner. Thus, users need not worry about complex research, portfolio building and risk management, as KoinBasket has a team of veterans in the crypto space that does all the research work for them. It provides a one-stop investment solution for crypto investors, implementing a variety of curated theme-based baskets to pick the best from thousands of crypto products in real time. Users only have to create a KoinBasket account with a few clicks to unlock the Demo trading function that allows them to trade carefully handpicked cryptocurrencies. The feature currently supports live trading, with the integration of Coinbase, allowing existing Coinbase users to connect their exchange accounts to trade live on the platform. Users without Coinbase accounts can also create one through the KoinBasket interface. Additionally, users can effortlessly and straightforwardly toggle between Demo & live trading in one place. More exchanges will be integrated in the near future to onboard more users onto the platform and facilitate the growth rate of crypto mass adoption. Khaleelulla Baig, co-founder and CEO of KoinBasket remarked in an interview; “Be it equities, commodities, forex or crypto, retail investors across the world are the mostpoorly served community despite being the largest of all. Since my corporate days in the insurance and capital market industry, I’ve witnessed retail investors struggle due to rampant mis-selling and biased investment advice. This led me to take up the mission to empower them with powerful tools otherwise available to only institutional and high net worth individuals (HNIs).I did it for stock market investors in my previous startup, and now I’m doing it for crypto investors via KoinBasket.” The Demo trading App allows users to learn and master diversified crypto investing in live markets with ZERO risk. There are a number of advantages that come with using the Demo trading App such as the elimination of KYC hassles as the platform accepts the secure onboarding by crypto exchanges such as Coinbase, no custody of users’ funds and assets, and trading with regulated exchanges only. About KoinBasket KoinBasket, established in 2022, is a Crypto Investment platform with an innovative approach towards tackling every crypto investor’s dilemma. With KoinBasket’s novel solution, every crypto investor out there can effectively minimize their investment risk with KoinBasket’s thematic crypto baskets. KoinBasket is committed to providing a secure, one-stop crypto investment solution to users and aims to fast track the mass adoption of cryptocurrencies by paving the way for the onboarding of the next 3 billion users in the next decade.

Despite the current bear market for crypto, FAMEEX, a secure global cryptocurrency exchange, is pleased to announce the launch of its new feature allowing users to buy crypto with debit/credit card and mobile pay. This new expansion and partnership with BANXA will provide users with more ways to purchase crypto assets, and underscores FAMEEX’s ambitious plans to expand and position itself as a long-term player in the industry. (Image from BANXA website) FAMEEX is dedicated to providing users with the best possible experience and is committed to continuing to grow and evolve. The launch of availability of its new payment function simplifies the process of making deposits and purchasing cryptocurrencies. This feature is particularly useful for users who don’t have access to a credit card, allowing them to more easily participate in the crypto economy. FAMEEX’s new partnership with BANXA, a trusted third-party platform established in 2014 in Australia, ensures a smooth and secure experience for buying and selling cryptocurrencies. BANXA provides global off-ramping of stablecoins via its network of local bank transfers, which allows FAMEEX users to easily transfer funds to trade. This means that users can enjoy a seamless and secure experience when purchasing cryptocurrencies. The latest compatibility with the bank system enables users to connect their debit cards to the platform. This marks the first time that debit cards have been officially supported on FAMEEX, thanks to the partnership with BANXA. The new feature allows users to participate in the crypto economy using only their bank accounts, without the need for a credit card. In addition, FAMEEX has a long-standing partnership with Coinfy, which enables users to pay with credit cards as well. With this commitment to the crypto industry, FAMEEX will continue to provide users with convenient and easy ways on the platform. About FAMEEX Launched in 2020. FAMEEX is a global cryptocurrency exchange that currently provides fiat-crypto, crypto-crypto, grid trading, futures, options, margin, spot and a hugely popular referral and affiliate program. With more than 200,000 users across 50 countries and regions. FAMEEX provides a secure, stable and efficient 24/7 trading platform. Currently, FAMEEX is undergoing rapid expansion of the user base and is a reliable crypto exchange broker which operates under a policy of transparency and fairness. Moreover, the trading platform offers a high level of sophistication, with plenty of engaging trade choices to help traders accomplish their goals. In addition, FAMEEX keeps pushing the boundaries of the crypto exchange industry, exploring frontier growth opportunities and strengthening core competencies, expanding into adjacent product offerings and developing innovative business models that lead the way in bringing Web3 solutions into the crypto ecosystem including recruiting more Web3 developers and researchers to enrich the Web3 product that will support those visionary traders. Find FAMEEX on: Website: https://www.fameex.com/ Twitter: https://twitter.com/FameexGlobal YouTube: https://www.youtube.com/c/FAMEEX Telegram: https://t.me/fameexgroup Discord: https://discord.gg/V8yvKPxVCk Trade on-the-go with the FAMEEX app (iOS/Android)

CoinTR is a global exchange based in Turkey, located in MASLAK, a modern business district in Istanbul. The founding team comes from the world’s top blockchain companies, including Binance, Huobi, etc. At present, CoinTR has completed the first round of financing of 15 million US dollars. More than 100 product and technical experts and the wallet security team from the world’s top three exchanges, including the former vice president of Huobi to build CoinTR together. 80% of our employees have more than three years of industry experience in the world’s leading exchanges, allowing us to create a great product and system with globally competitive function and performance in a very short period of time. Thanks to its independently developed world’s leading third-generation trading system, CoinTR can bring users an excellent trading experience, ensure the 99.99% continuous stability of the trading system, and provide users with a fast, safe, and convenient trading experience. CoinTR is also equipped with rich product functions, including Fiat currency deposits, Fiat currency transactions, Spot, Futures transactions, and other diversified trading tools. Currently, the purchase of more than 100 cryptocurrencies is available on CoinTR. Cooperating with the leading international liquidity institution Amber Group, CoinTR is providing the best depth and smallest slippage to its users. CoinTR attaches great importance to users’ fund security and asset management specifications, so they have cooperated with the Turkish state-owned bank VakıfBank to provide users with TRY deposit channel. All the deposits from users will be credited into an independent bank-supervised account which is only used for the deposit and withdrawal of platform users. In terms of on-chain asset security, a multi-signature cold wallet system is adopted to avoid single-point risk. We’re communicating with more banks trying to provide users with more bank deposit channels. At the same time, CoinTR adopts the three major international financial management standards SOX404, GAAP, and ISO27000 to ensure very strict internal financial supervision.” With the implementation of Turkey’s regulatory policies gradually, good regulatory policies will provide a healthier environment for the development of the crypto industry. CoinTR Compliance Officer Yakup DEMİR, retired Banking Regulation and Supervision Agency, Senior Chief Banking Specialist, said, “We will actively embrace compliance and take the safety of user assets as the first principle. By the end of 19 September 2022, we have notified MASAK (Financial Crimes Investigation Board) that our company will be operational. Currently, our company is serving as a digital asset trading platform and all users’ funds are subject to MASAK’s supervision” Blockchain technology has great potential to change our lives and bring us real value. However, the risks involved have also aroused great attention from regulators. According to numerous sources, regulators are working on laws to regulate business activities and asset management measures of crypto exchanges.

FAMEEX crypto exchange announced that it will increase its protection fund and increase its efforts at asset transparency. This is part of FAMEEX’s major effort to rebuild trust in the crypto community after the recent market turmoil. The initiative comes alongside plans for proof of reserve and proof of assets in public, which is being prepared for release on the FAMEEX platform. FAMEEX provides low risk tools to help traders and never defines itself as a financial institution that engages in lending, borrowing or even moving users’ funds, and is not exposed to any other party or project related to recent exchanges or foundations. The robustness of FAMEEX business model and finances ensures that all FAMEEX exchange services are running without any disruption to normal operation. Protecting users’ funds and the growth of exchange in a responsible way has been the FAMEEX guiding principle since 2020. The principles FAMEEX stands for, including prudent risk management, opposition to gambling, and uncompromising platform security, are non negotiable and FAMEEX’s track record speaks for itself. FAMEEX was built from the ground up to be a secure and safe exchange platform. Every new development and feature undergoes weeks of internal testing before being implemented in its product. FAMEEX restates its asset management policy. And hopes that taking this initiative will help investors to regain trust in the market. Anyone can check the security implemented and outlined below: 100% Separation of Funds Customer funds are completely separate from the operating capital. FAMEEX has never used customer deposits to form the basis for loan collateral or to pay the operating expenses of the business. The capital reserves of its business remain much larger than the total customer deposits. Besides, FAMEEX reserves the risk insurance fund separated and stored in the different cold wallets as a mechanism to avoid any crisis or market collapse. Technology Secure Users’ funds and Transaction Offline FAMEEX utilizes a multilayer ladder-encryption mechanism to ensure that storage of coins, on-chain transfers of coins and off-chain transfers of coins cannot be compromised by any technical means. FAMEEX stores funds in full node wallets and generates key pairs using an asymmetric one way hash function to ensure that on-chain transactions cannot be easily tracked. Hot and cold wallets are fully segregated, and their private keys are randomly split and encrypted behind multiple read permissions to achieve total privacy and security. Users’ assets are stored securely in separate cold wallets. When users withdraw their funds, FAMEEX transacts from the hot wallets to the users’ whitelisted withdrawal address. No Collateralization, Lending and Financial Manipulation As a reliable crypto exchange, FAMEEX always strives to build a healthy environment for investors to develop a better version of the crypto world. In line with this vision, FAMEEX has refused to engage in the practice of using customer deposits as collateral for financing. These liabilities are many times smaller than FAMEEX operating capital. Risk management is fundamental and FAMEEX adheres to its principles with a pure trading platform providing quant tools for traders which is not engaged in the business of lending, borrowing or financing any crypto assets. FAMEEX believes that these measures will give users the insight and transparency to rebuild their trust through recent turbulent times. FAMEEX remains optimistic about the future of the cryptocurrency exchange industry and is dedicated to protecting users’ assets. The role of a crypto exchange is to protect users’ interests, especially during market crisis. FAMEEX continues to innovate the products and services valued clients need in order to achieve their financial goals in the safest and most efficient way and focus on letting traders trade to the best of their potential with FAMEEX quant tools. About FAMEEX Launched in 2020. FAMEEX is a global cryptocurrency exchange that currently provides fiat-crypto, crypto-crypto, grid trading, futures, options, margin, spot and a hugely popular referral and affiliate program. With more than 200,000 users across 50 countries and regions. FAMEEX provides a secure, stable and efficient 24/7 trading platform. Currently, FAMEEX is undergoing rapid expansion of the user base and is a reliable crypto exchange broker which operates under a policy of transparency and fairness. Moreover, the trading platform offers a high level of sophistication, with plenty of engaging trade choices to help traders accomplish their goals. In addition, FAMEEX keeps pushing the boundaries of the crypto exchange industry, exploring frontier growth opportunities and strengthening core competencies, expanding into adjacent product offerings and developing innovative business models that lead the way in bringing Web3 solutions into the crypto ecosystem including recruiting more Web3 developers and researchers to enrich the Web3 product that will support those visionary traders. Find FAMEEX on: Website: https://www.fameex.com/ Twitter: https://twitter.com/FameexGlobal YouTube: https://www.youtube.com/c/FAMEEX Telegram: https://t.me/fameexgroup Discord: https://discord.gg/V8yvKPxVCk Trade on-the-go with the FAMEEX app (iOS/Android)

VIENNA, 1 November, 2022 – The experienced European team behind LGC, consisting of cryptography experts, developers, business  specialists and advisors, announced today to launch a new Central – European initiative to reform the crypto currency market with special emphasis on environmental and green aspects. “It is with great happiness and genuine excitement that we announce the release of a new project – based cryptocurrency ecosystem, which provides project solutions with the best possible avoidance of environmental pollution,” said Robert Kun, CEO and founder of LiveGreen Coin. “What if saving the world not only made you feel good but also rewarded you financially? What if there was no permanent cost for contributing to good causes? We think we’ve found a way with LGC!” He further underlines:“ protecting the environment is a difficult project, so we definitely consider it necessary to build a crypto – and environment – friendly community and create a related social network.” Behind the project are HAPPY PANDA Handels GmbH, founded in Austria, and the international companies attached to that, what’s more, the token even functions as a share in HAPPY PANDA Handels GmbH, so you can still benefit from the profits of the telecommunications company in its early stages. In addition, it is based on a tender ecosystem, fron which the non-profit and for-profit tenders can benefit, driven partly by investors (DAO = Decentralized Autonomous Organization) and judged partly by the management of LGC. “In addition, we aim to create a social platform that is a combination of a commercial platform (marketplace) and a social profile. This is a crypto – friendly platform, where ads are filtered through pre-inspection to prevent many unpleasant abuses. We intend to create a platform where the user can actually feel safe, and, of course, the LGC Token will be the basis of this.” added the founder. Our planet is in urgent need of taking steps toward a green and sustainable environment or as Leonardo DiCaprio argues:“Our planet’s alarm is going off, and it is time to wake up and take action!” We share the thoughts of Vitalik Buterin, founder of Ethereum, who also believes that to shift to a “proof-of-stake” (PoS) model as a way to shink cryptocurrencies enormous carbon footprint. Contacts:Web: www.livegreencoin.comE-mail: info@livegreencoin.com Social media:Telegram: t.me/livegreencoin_englishTwitter: twitter.com/LiveGreenCoin1Instagram: instagram.com/livegreencoin_official/ Background:HAPPY PANDA Handels GmbHA-1010 Vienna Opernring 1, Top R 745-747AustriaT: + 43 676 4824897E-mail: info@pandatech.at

The decentralized organization ConstitutionDao launched a campaign to bid for a copy of the U.S. Constitution last year, and crowdfunded 11,000 ETH on JuiceBox in a short period of time, which was worth nearly $45 million at the current price. But ConstitutionDao ultimately failed to bid, and the copy of the constitution was finally won by Ken Griffin, CEO of hedge fund Citadel! On the occasion of the first anniversary, Sothby announced that another copy of the first edition of the US Constitution in the hands of private collectors will be auctioned on December 13. ConstitutionDao also tweeted hint that it would launch ConstitutionDao 2.0 to raise money again to bid on this auction of copies of the U.S. Constitution. Notably, ConstitutionDAO lost its target which has been in a state of turmoil due to its failed bid for a copy of the U.S. Constitution. After intense discussions, ConstitutionDao announced last year that it would cease operations and open for refunds.  It stands to reason that PEOPLE token, which is the governance token of DAO at this time, should have no value (a wallet that is successfully donated can automatically obtain PEOPLE token, and 1 ETH is equivalent to 1 million PEOPLE), but its currency price is driven by community users and has experienced many ups and downs, now the current total market value is 136 million US dollars. It is reported that there has been a proposal in the community to use people tokens to raise funds to start ConstitutionDao 2.0. There is a change in people’s intraday trading today. It should be that someone has already received the news, and you can pay attention to further developments in the near future. https://www.constitutiondao.com/