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.

Read More
coinedict

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 

Read More
coinedict

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 

Read More
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.

Read More
coinedict

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.

Read More
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.

Read More
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

Read More
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/

Read More
coinedict

CoinPocketBot – All-in-one Pocket on Blockchain. Your comprehensive solution for managing and tracking various digital assets securely and conveniently

In the ever-evolving world of cryptocurrencies and digital assets, managing and tracking various tokens across multiple chains can be a challenging task. With the introduction of CoinPocketBot, a comprehensive solution for managing and tracking digital assets securely and conveniently, these challenges are easily overcome. CoinPocketBot offers an array of features that provide users with a convenient and efficient way to monitor their digital assets. Let’s dive deeper into the main points that make CoinPocketBot the go-to platform for crypto enthusiasts. Account Balance Inquiry One of the primary functions of CoinPocketBot is to provide users with an account balance inquiry. This feature allows users to get an overview of their wallet balance across different chains and tokens. With just a few clicks, users can access details about each chain and token in their wallet, making it easy to track and manage their digital assets in one central location. This level of transparency ensures that users always have full visibility into their current holdings. Detection of Scam Tokens and Retrieval of Token Values Scams and fraudulent tokens are unfortunately prevalent in the crypto space. CoinPocketBot revolutionizes the way users protect themselves from these scams by providing advanced technology that detects suspicious tokens. With this feature, users can ensure that their investments are secure and avoid falling victim to scams. Moreover, CoinPocketBot also facilitates the retrieval of token values, providing users with real-time information about the value of their tokens. This enables users to make informed decisions about whether to hold, sell, or exchange their assets. Analysis of Unsold Tokens For users engaged in token sales or initial coin offerings (ICOs), CoinPocketBot offers comprehensive analysis of unsold tokens. This feature enables users to track and monitor the performance of unsold tokens, empowering them to evaluate the potential profitability of their investments. Having such detailed insights on unsold tokens allows users to make strategic decisions based on market trends, ensuring maximum returns on investment. Comprehensive Transaction History Review CoinPocketBot allows users to review their transaction history comprehensively. Whether it’s sending, receiving, or swapping tokens, users can easily access a detailed record of all their past transactions. This level of transparency not only facilitates tracking and tracing of funds but also provides valuable insights into one’s trading patterns and behaviors. Users can identify successful strategies or learn from past mistakes, which can ultimately refine their trading approach. Future Enhancements CoinPocketBot is committed to continuous improvement and providing the best possible user experience. In the future, the platform plans to introduce exciting features such as facilitating token interactions, buying/selling of tokens directly from the bot, and implementing sniper functionality for executing trades at opportune moments. These enhancements aim to streamline users’ interactions within the platform, making it even more convenient and efficient to manage their digital assets. In conclusion, CoinPocketBot has emerged as an all-in-one pocket on the blockchain, offering a comprehensive solution for managing and tracking various digital assets securely and conveniently. With features such as account balance inquiry, scam token detection, unsold token analysis, and comprehensive transaction history review, CoinPocketBot equips users with the necessary tools to navigate the complex crypto ecosystem with ease. CoinPocketBot Social media: TG: https://t.me/CoinPocketBotETH TW: https://twitter.com/CoinPocketBot BOT: https://t.me/coin_pocket_xbot Website: https://coinpocketbot.com

Read More
coinedict

Robert Cornish Law Joins Mining Disrupt 2023 as Elite Sponsor

MIAMI, July 25, 2023 — Mining Disrupt 2023, the foremost conference for the blockchain and cryptocurrency mining industry, is excited to announce Robert Cornish Law as an Elite Sponsor for this year’s event taking place from July 25 to 27. With a track record of providing efficient, creative, and results-driven legal solutions, the firm has established itself as a leader in alternative investments, including cryptocurrency. Based on the core principles of collaboration, creativity, and commitment, Robert Cornish Law has positioned itself as a pivotal entity in the financial services arena. The firm has a deep understanding of client needs, leveraging its resources to find innovative solutions to complex legal issues. Having multiple offices in Jackson Hole, Washington, New York, and Miami, Robert Cornish Law is strategically positioned to offer its expertise across various financial landscapes. The firm’s diverse geographic presence reflects its adaptability and broad clientele. Notably, Robert Cornish Law has carved a niche in the EB-5 investment immigration space, assisting clients in navigating through legal challenges. The firm has provided counsel to a multitude of entities, including Regional Centers, developers, finders, broker-dealers, and other intermediaries, guiding them in securities and related compliance matters. With a wealth of litigation experience, the firm can handle regulatory inquiries and litigation matters for all participants in the EB-5 industry. The firm’s leadership in the alternative investment landscape, particularly in cryptocurrency, brings a unique and valued perspective to Mining Disrupt 2023. With their industry experience, they will help attendees understand the intricate legal issues surrounding capital markets and cryptocurrency. Robert Cornish, the firm’s principal, has been named one of the top 5 EB-5 litigation attorneys by EB-5 Investors Magazine, further cementing the firm’s reputation in the legal industry. The firm has also been instrumental in shedding light on how direct EB-5 investments help the U.S. economy and shared insights on Wyoming’s digital transformation. Attendees at Mining Disrupt 2023 will have the privilege to engage with Robert Cornish Law’s experts, learn from their expertise, and potentially seek collaboration on various legal issues. This collaboration extends the firm’s commitment to serving not only clients but also being a knowledge resource for others in the industry. The firm operates under a commitment to the best possible solutions to legal needs. It ensures attorneys are not under pressure to bill time in order to meet artificial business requirements, but instead are free to apply their skills, knowledge, and expertise for the best work product or results possible. About Robert Cornish Law Robert Cornish Law is a boutique law firm focused on providing effective, creative, and efficient legal solutions to clients in the financial services arena. The firm specializes in alternative investments, notably cryptocurrency, and the EB-5 investment immigration space. Its core principles are collaboration, creativity, and commitment, which it applies not only to its client services but also to its attorneys’ work culture. Source: Mining Disrupt Press (https://miningdisrupt.com/)  Media Contact:  Website: https://www.rcornishlaw.com   

Read More
coinedict

BixBit Takes Lead as Title Sponsor for Mining Disrupt 2023

MIAMI, FL –July 21, 2023– BiXBiT, a leading manufacturer of immersion cooling systems for cryptocurrency mining equipment, proudly announces its partnership with Mining Disrupt 2023 as the Title Sponsor. With BiXBiT’s innovative infrastructure solutions optimizing operational performance by 20-40%, the collaboration marks a significant development in the evolving landscape of cryptocurrency mining. Mining Disrupt is the premier annual event for the Bitcoin and Bitcoin Mining industry, offering a platform for businesses, vendors, investors, and enthusiasts to converge and discuss the latest trends and technologies in the sector. BiXBiT’s robust offering features a range of solutions designed to increase energy savings, enhance equipment lifespan, and boost hash rates. Its signature product, the BiXBiT Cell, houses up to 6 ASICs, 24 GPUs, or 24 FPGAs, offering a 40% increase in hash rate while ensuring dust-free and debris-free operation. Additionally, the optional heat utilization feature turns waste heat into a valuable resource for heating homes or other needs. To complement this, BiXBiT’s thermostable, eco-friendly Coolant extends equipment lifespan, and its Rack and Container solutions offer scalability, easy maintenance, and mobile construction for industrial-scale cryptocurrency mining. Together, these features make BiXBiT an industry pioneer in the immersion cooling space. The BiXBiT company is not just a hardware manufacturer, but also a provider of comprehensive solutions for mining operations. Their custom ASIC firmware and BiXBiT AMS online service allow for control and monitoring of equipment from anywhere in the world, ensuring optimal mining efficiency. BiXBiT’s approach aligns with the principles of the UN Global Compact, supporting sustainable development and a closed-cycle economy. With optional smart heat utilization, BiXBiT turns the heat generated by mining into a resource for central heating, hot water supply, heating of combined extract-and-input ventilation, and more. Founded in 2016, BiXBiT has over seven years of experience in cooling computing equipment and boasts a wide range of top-quality products available in various capacities. Its commitment to providing all-around, ready-to-use solutions has seen the company continuously innovate and expand, with offices established in Poland and the creation of BiXBiT USA Corporation. BiXBiT’s participation as the Title Sponsor for Mining Disrupt 2023 signifies a major step towards a more efficient and sustainable future in cryptocurrency mining, positioning the event as a must-attend for everyone involved in the crypto mining industry. About BiXBiT: BiXBiT is a global leader in designing and manufacturing immersion cooling systems for ASIC, GPU, FPGA, and server hardware. They provide comprehensive solutions to maximize the efficiency and performance of mining devices, driving a revolution in the cryptocurrency mining industry. Source: Mining Disrupt Press (https://miningdisrupt.com/)  Media Contact: Website: https://bixbit.io/

Read More
coinedict

Structure Source Announced as Elite Sponsor for Mining Disrupt 2023

Miami, Florida, July 20, 2023 — Structure Source, Europe’s leading power solution provider, has been announced as an Elite Sponsor for Mining Disrupt 2023, the prime conference for blockchain and cryptocurrency mining innovation. Having established itself as a leading power company in Europe over the past decade, Structure Source has grown a reputation for designing and manufacturing bespoke power units that meet clients’ requirements, and budget constraints, and are delivered globally within a standard service period of 7-10 days. Their expertise has made them a preferred choice for numerous leading businesses globally. With this Elite Sponsorship, Structure Source aims to showcase its unique power solutions to the cryptocurrency mining community. The company offers a range of power distribution units (PDUs), from basic to highly intelligent designs, that can meet any power requirement. Their product range includes Standard Rack PDUs offering a cost-effective power solution; IP Power Monitored PDU solutions for power metrics monitoring; IP Power Managed PDU for remote control over individual sockets; Local Metered units providing a simple, reliable power indication to prevent overload; and a wide array of Power Accessories. All products are built to specification and can be mounted both horizontally and vertically. The company also offers the innovative IEX C13/C19 Socket, a unique combination of sockets designed to allow full usage of the PDU at all times, accommodating different input plugs without hassle. Structure Source specializes in build-to-order PDUs that are tailored to meet the unique needs of each application. Their on-site materials processing center enables them to supply over 95% of the components themselves. This high level of control allows the company to maintain superior quality while meeting clients’ lead-time expectations. On top of delivering superior products, Structure Source is also committed to premium service from design through to delivery. Their honest and competitive pricing ensures their solutions are affordable, and the company prides itself on being able to deliver globally within 7-10 days. As a sponsor of Mining Disrupt 2023, Structure Source will have the opportunity to showcase its power solutions to the world’s top blockchain and cryptocurrency professionals. This will allow attendees to learn about the company’s unique approach to power requirements, and how their ongoing product development can deliver the latest technologies within a short lead time. About Structure Source: Structure Source is an independent manufacturer of Power Distribution Units (PDU) established over 10 years ago. They have become one of the leading power companies in Europe, servicing OEMs, Distributors, and End User Clients with bespoke designs, delivered globally within 7-10 days. With offices in the UK, Spain, and China, they are well-positioned to support your business across Europe. Source: Mining Disrupt Press (https://miningdisrupt.com/)  Media Contact: Website: https://www.structuresource.com/

Read More
bitcoin
Bitcoin (BTC) $ 67,166.00
ethereum
Ethereum (ETH) $ 2,632.02
tether
Tether (USDT) $ 0.999340
bnb
BNB (BNB) $ 591.97
solana
Solana (SOL) $ 166.25
usd-coin
USDC (USDC) $ 1.00
xrp
XRP (XRP) $ 0.535652
staked-ether
Lido Staked Ether (STETH) $ 2,630.76
dogecoin
Dogecoin (DOGE) $ 0.143043
tron
TRON (TRX) $ 0.159414
the-open-network
Toncoin (TON) $ 5.23
cardano
Cardano (ADA) $ 0.361503
avalanche-2
Avalanche (AVAX) $ 27.68
wrapped-steth
Wrapped stETH (WSTETH) $ 3,106.69
shiba-inu
Shiba Inu (SHIB) $ 0.000018
wrapped-bitcoin
Wrapped Bitcoin (WBTC) $ 67,021.96
weth
WETH (WETH) $ 2,629.76
chainlink
Chainlink (LINK) $ 12.15
bitcoin-cash
Bitcoin Cash (BCH) $ 360.21
polkadot
Polkadot (DOT) $ 4.35
uniswap
Uniswap (UNI) $ 8.10
dai
Dai (DAI) $ 0.999930
near
NEAR Protocol (NEAR) $ 4.68
leo-token
LEO Token (LEO) $ 6.09
aptos
Aptos (APT) $ 10.90
sui
Sui (SUI) $ 1.95
litecoin
Litecoin (LTC) $ 70.51
wrapped-eeth
Wrapped eETH (WEETH) $ 2,764.91
pepe
Pepe (PEPE) $ 0.000010
bittensor
Bittensor (TAO) $ 554.74
internet-computer
Internet Computer (ICP) $ 7.95
fetch-ai
Artificial Superintelligence Alliance (FET) $ 1.37
kaspa
Kaspa (KAS) $ 0.134806
monero
Monero (XMR) $ 156.92
ethereum-classic
Ethereum Classic (ETC) $ 19.20
stellar
Stellar (XLM) $ 0.095501
polygon-ecosystem-token
POL (ex-MATIC) (POL) $ 0.367119
blockstack
Stacks (STX) $ 1.80
first-digital-usd
First Digital USD (FDUSD) $ 0.999720
whitebit
WhiteBIT Coin (WBT) $ 17.82
ethena-usde
Ethena USDe (USDE) $ 1.00
immutable-x
Immutable (IMX) $ 1.52
dogwifcoin
dogwifhat (WIF) $ 2.48
okb
OKB (OKB) $ 40.13
arbitrum
Arbitrum (ARB) $ 0.587651
aave
Aave (AAVE) $ 152.30
filecoin
Filecoin (FIL) $ 3.82
optimism
Optimism (OP) $ 1.73
crypto-com-chain
Cronos (CRO) $ 0.077154
injective-protocol
Injective (INJ) $ 21.06