Blockchain
Graph Blockchain and Beyond the Moon Participate in Their First Initial Dex Offering
Toronto, Ontario–(Newsfile Corp. – July 23, 2021) – Graph Blockchain Inc. (CSE: GBLC) (OTC Pink: REGRF) (FSE: RT5A) (“Graph” or the “Company“) is pleased to announce that its wholly owned subsidiary, Beyond The Moon (“BTM”) has participated in their first several Initial Dex Offering (“IDO”) on various launchpads.
BTM has completed its first IDO on the Poolz Finance Launch Pad (“Poolz”) with Bunicorn DEX (“Bunicorn”). Bunicorn is an automated market-making decentralized exchange that is built on the Binance Smart Chain (“BSC”). Bunicorn inherited all BSC’s strengths while being powered with advantages such as low gas fees and quick transactions. The IDO price was set at 0.03. The price of the coin was sitting at approximately $0.12 when the Company sold its position.
In addition, BTM has participated in two additional IDO’s that have increased in value since their acquisition. Further details will be announced once BTM exits these positions.
“Despite the recent turn down in the crypto market, we are still seeing strong gains and opportunities for our shareholders in IDOs. The strategic acquisition of BTM and diversification by Graph will greatly benefit our shareholders,” said Paul Haber, CEO of Graph Blockchain
About Poolz
Poolz is a decentralized cross-chain IDO platform built on top of the Web 3.0 network infrastructure, enabling projects to raise funds through cross-chain token pools and auctions before listing. The Poolz platform has already integrated with more than four different blockchains and is in discussions with more than ten of the biggest blockchain networks.
About Beyond the Moon Coordinators
Beyond the Moon manages all aspects of investing in the launchpad opportunities. Beyond the Moon provides exposure to the most exciting opportunities in crypto – crypto launchpads. Launchpads are crypto projects designed to promote and introduce upcoming projects to the crypto market. Beyond the Moon manages the process of entering crypto launchpads, helping facilitate the access to early-stage crypto tokens. Before listing a new token on a Decentralized Exchange (“DEX“) launchpads provide the first public investment round, called an Initial DEX Offering (“IDO“). Early access to crypto projects is difficult to access but provides the highest potential return on investment in the space. Moon coordinates all aspects of registration, staking, and investment in the launchpads and their tokens.
About Graph Blockchain Inc.
Graph Blockchain provides shareholders with exposure to various areas of Decentralized Finance (“DeFI”). Focusing on altcoins through its wholly owned subsidiaries, Babbage Mining Corp., a Proof of Stake (“POS”) miner, and Beyond the Moon Inc., an IDO focused company, Graph gives investors exposure to the vast emerging market of cryptocurrencies with the significant technological disruption and potential gains altcoins represent. In addition, through its investment in New World, Graph is providing its shareholders with exposure to rapidly growing and emerging NFT market.
Additional information on the Company is available at www.graphblockchain.com, http://www.newworldinc.io and www.babbagemining.com.
For further information, please contact:
Investor Relations
Jamie Hyland
Phone: 604.442.2425
Email: [email protected]
Media Relations
Anthony Feldman/Rich DiGregorio
Phone: 617.921.0984/856.889.7351
Email: [email protected]
Forward-Looking Statements
This news release contains “forward-looking statements” within the meaning of applicable securities laws. All statements contained herein that are not clearly historical in nature may constitute forward-looking statements. In some cases, forward-looking statements can be identified by words or phrases such as “may”, “will”, “expect”, “likely”, “should”, “would”, “plan”, “anticipate”, “intend”, “potential”, “proposed”, “estimate”, “believe” or the negative of these terms, or other similar words, expressions and grammatical variations thereof, or statements that certain events or conditions “may” or “will” happen, or by discussions of strategy. Readers are cautioned to consider these and other factors, uncertainties. and potential events carefully and not to put undue reliance on forward-looking statements. Such statements may prove to be incorrect and actual results may differ materially from those anticipated.
Forward-looking statements contained in this news release are expressly qualified by this cautionary statement and reflect the Company’s expectations as of the date hereof and are subject to change thereafter. The Company undertakes no obligation to update or revise any forward-looking statements, whether as a result of new information, estimates or opinions, future events or results or otherwise or to explain any material difference between subsequent actual events and such forward-looking information, except as required by applicable law.
Neither the Canadian Securities Exchange nor it’s Regulation Services Provider (as that term is defined in the policies of the Canadian Securities Exchange) accepts responsibility for the adequacy or accuracy of this release.
###
To view the source version of this press release, please visit https://www.newsfilecorp.com/release/90994
Blockchain
Phoenix Group Engages BHM Capital as Liquidity Provider to Boost ADX Liquidity and Enhance Market Dynamics
The post Phoenix Group Engages BHM Capital as Liquidity Provider to Boost ADX Liquidity and Enhance Market Dynamics appeared first on HIPTHER Alerts.
Blockchain
Alpha Transform Holdings Releases March Report on ASC AI Index
Blockchain
Elizabeth Warren Urges Treasury Secretary Yellen to Implement Strong AML/CFT Measures for Stablecoins
In a recent communication directed to Treasury Secretary Janet Yellen, US Senator Elizabeth Warren has strongly advocated for the incorporation of robust Anti-Money Laundering and Combating the Financing of Terrorism (AML/CFT) measures specifically tailored for stablecoins. Senator Warren’s correspondence underscores the critical importance of adopting the full array of AML tools outlined by the Treasury Department in a prior November 2023 communication to Congress.
Senator Warren has underscored the burgeoning threat posed by cryptocurrencies, particularly stablecoins, to national security. She has specifically drawn attention to instances where entities like Iran and Hamas have turned to cryptocurrencies as a means to raise funds and support terrorist activities. To effectively address this evolving threat landscape, Senator Warren asserts that any forthcoming crypto legislation must encompass comprehensive AML/CFT authorities as requested by the Treasury Department.
Moreover, Senator Warren has made reference to the testimony provided by Deputy Secretary Adewale O. ‘Wally’ Adeyemo before the Senate Committee on Banking, Housing, and Urban Affairs. In this testimony, Adeyemo emphasized the critical need for additional AML authorities to combat the growing menace posed by cryptocurrencies. Senator Warren has pointed out that the exclusion of crucial actors within the digital asset ecosystem, such as miners and validators, from AML/CFT requirements could potentially enable nefarious actors to exploit the increased crypto trading facilitated by stablecoin legislation.
Senator Warren’s steadfast stance on the regulation and oversight of cryptocurrencies is aligned with her prior efforts aimed at curbing illicit activities and safeguarding consumers, the financial system, and national security interests. She has persistently advocated for the closure of loopholes in AML regulations that allow sanctioned entities like Iran to derive revenue through crypto transactions. Furthermore, Senator Warren has consistently voiced concerns regarding the exploitation of cryptocurrencies in terrorist financing schemes and has called for the implementation of stronger regulatory frameworks to protect both consumers and national security interests within the realm of stablecoin-related legislation.
Source: blockchain.news
The post Elizabeth Warren Urges Treasury Secretary Yellen to Implement Strong AML/CFT Measures for Stablecoins appeared first on HIPTHER Alerts.
-
Blockchain4 days ago
Open-Source Intelligence (OSINT) Market is expected to reach a revenue of USD 64.9 Bn by 2033, at 25.6% CAGR: Dimension Market Research
-
Blockchain Press Releases7 days ago
Bitget to Take Center Stage at Blockchain Life and Token2049 Dubai
-
Blockchain Press Releases2 days ago
Bybit and Franck Muller Partner with Sidus Heroes to Launch Cosmic Gears: A Pioneering Web3 Game with a $250,000 Prize Pool and Exclusive Watch Collection
-
Blockchain3 days ago
Blockchain Transforming Travel: Quantum Temple’s Innovative Venture
-
Blockchain3 days ago
Bybit and World Leaders Forge Major Alliance to Direct Web3 for Social Good
-
Blockchain3 days ago
Evolution of the Blockchain World: Doric Blockchain Drives Education and Adoption of Blockchain Technology and Tokenization in Latin America
-
Blockchain21 hours ago
Quantum eMotion Files a Patent for Quantum-based Blockchain Wallet Under the Patent Cooperation Treaty (PCT)
-
Blockchain21 hours ago
Elizabeth Warren Urges Treasury Secretary Yellen to Implement Strong AML/CFT Measures for Stablecoins