Blockchain
867crypto Announces Exclusive Partnership with SatoshiStreetBets as Release of 867 Sportsbook Approaches
Miami, Florida–(Newsfile Corp. – October 22, 2021) – 867crypto is pleased to announce an exclusive partnership with the world famous SatoshiStreetBets, prior to the highly anticipated release of the first ever Binance Smart Chain Sportsbook. The 867crypto team will take on the role of entertainment specialists for SatoshiStreetBets. A custom built slot machine will be completed by the 867crypto Development Team as part of the collaboration. The SatoshiStreetBets Token successfully launched on Thursday, October 21.
867crypto
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867crypto currently has its own custom built slot machine running on the 867casino website that is paying free jackpots to participants in 12 daily tournament style competitions. The final version to be released is a full risk slot machine which will allow players to participate for huge jackpots while determining the amount they want to risk. The development team for 867crypto is working at an astonishing pace. It is hard to find a comparison to their production for a project trading on the Binance Smart Chain.
Also, currently under intense development by the team is the 867 Sportsbook. The first version of this custom built platform will be released in the coming days. 867crypto plans to allow point based wagering on both North American football and MMA fighting in their V1 Sportsbook with expansion to basketball and international soccer to follow. More details will be released in regards to the wagering operations as the platform is completed.
As the 867 Slot Machine and Sportsbook expand into full operation, 867crypto will be implementing a buyback and burn mechanism of the overall token supply to inherently increase investor value. The team plans to use a portion of the proceeds from the risk elements of the gaming platforms to perform this mechanism. Each buyback and burn performed will be marketed by the team with proof of transactions published in the 867 telegram channel as well as on the 867 Twitter.
867crypto has been in operation and trading for 10 short weeks. The token is available for purchase on the Binance Smart Chain via Pancake Swap. They have been listed on Coin Gecko as well as the renown Coin Market Cap and have been the #1 most viewed on Coin Market Cap for the last several days. A recent audit of the 867crypto contract has been completed by the highly accredited firm Techrate. The audit has been published on the Techrate website for review.
The Core Team of 867crypto holds investor update meetings every few days in their Telegram channel. Uploads of the recordings can be found on their YouTube. Marketing for 867crypto has been steadily increasing over the last few weeks. As development continues, so will the awareness campaigns in both the US and International markets. 867crypto currently has over 6,000 holders of the token and its symbol is $867. The 867crypto market cap is currently $2,701,000 and the smart contract address is: 0x9cefd9588f076c5f805341864adc8a6f077a5b99.
Media Contact
Jim Hawkins
Email: [email protected]
Website: https://www.867casino.com/
Twitter: https://twitter.com/867_crypto
PR: Cryptoshib.com
Email: [email protected]
To view the source version of this press release, please visit https://www.newsfilecorp.com/release/100571
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
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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.
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