Blockchain
Reward Cycle Achieves $2.2 Million Market Cap After Token Launch
London, United Kingdom–(Newsfile Corp. – November 9, 2021) – The Reward Cycle team is pleased to announce that the Company market cap has reached $2.2 million, after the launch of its Reward Cycle token on October 31, 2021, using the BSC Chain.
Figure 1: Reward Cycle Achieves $2.2 Million Market Cap After Token Launch
Although the token was launched at a $60,000 market cap, it achieved an impressive $2.2 million market cap since its launching. The team encouraged investors to hold the token and stand a good chance of earning a 7% USDT reward. The token’s reward utility, Launchpad, is expected to hit the cryptocurrency industry very soon, according to the team.
RC Launchpad
The RC Launchpad is a blockchain platform to give prospective users access to a launchpad specifically designed to help creators of new blockchain projects to distribute their tokens easily while simultaneously raising capital for them.
The Launchpad is currently operative on the Binance Smart Chain and was used to launch new IDO coins through PancakeSwap, a decentralized liquidity exchange. Here’s the link to the swap page: https://bscscan.com/token/0x229a54fb9de889c271380452c0483ce89b8c1e0d
Through the above address, users can swap the token for BNB or other tokens of their choice. The link contains the BSC Scan contract address for the swapping.
KYC and Other Important Measurements
To give more credibility to new tokens launched on the Launchpad, the team has put the necessary machinery in place to vet and check tokens and accept only those from qualified blockchain developers.
That is beside the ‘Know Your Customer’ (KYC) checks that will be performed on those tokens before they are listed for presale on their RC BSC Launchpad.
Reward Cycle Vision
After launching the token on October 31, 2021, the Launchpad is projected to be ready within the next 2 months. The creators have indicated their readiness to buy back and burn from the profit they intend to make from the token as a practical way to reduce reward cycle supply.
The Reward Cycle team rewards crypto lovers who hold and receive one or two of their utility tokens such as ADA, Eth, USDT, and XRP.
Reward Cycle’s Reward
USDT is the reward for Reward Cycle’s first token while deliberations are ongoing on the second rewards token that will be chosen through a voting process. To earn more rewards, crypto lovers will be required to hold more of the token.
According to the token’s creator, 7% of each buy and sell will be dedicated to holders as USDT reward while a further 4% goes into liquidity. Another 4% will be diverted into marketing, making a total of 15% for several purposes.
Buying/Selling platform
Reward Cycle also provides cryptocurrency selling and buying services. Users can buy and sell other digital currencies such as Bitcoin and Ethereum.
The Reward Cycle team prides itself as provide several benefits that include profit tracking, real-time data, customizable charts, and safe and secure transactions and operations.
To be better informed about this project, Reward Cycle has created some social media accounts where prospective investors can catch up with the project and be abreast of every development associated with it.
Social Media Handles:
Twitter: https://twitter.com/rewardcycle
Telegram: https://t.me/rewardcycle
Github: https://github.com/rewardcycle
Discord: https://discord.com/invite/NXm3rmPDJN
Media Details
Company Name: Reward Cycle
Contact Name: Reward Cycle
Email: [email protected]
Website: https://rewardcycle.club/
To view the source version of this press release, please visit https://www.newsfilecorp.com/release/102603
A recent warning from the FBI regarding a crypto money transmitter seems to be aimed at the Samourai Wallet. This development highlights the increasing scrutiny and regulatory challenges faced by privacy-focused cryptocurrency wallets and services.
The FBI warning raises concerns about the use of certain cryptocurrency wallets that prioritize user privacy and anonymity, potentially enabling illicit activities such as money laundering and terrorist financing. While the warning does not explicitly name any specific wallet or service, the language used suggests that the Samourai Wallet may be the target of the advisory.
Samourai Wallet is known for its focus on privacy and security features, including coin mixing and stealth addresses, which aim to enhance user privacy and protect against surveillance and tracking. However, these features have drawn the attention of law enforcement agencies and regulators, who are increasingly concerned about their potential misuse by criminals.
The FBI warning underscores the challenges faced by privacy-focused cryptocurrency wallets in navigating regulatory compliance and law enforcement scrutiny. While these wallets aim to empower users with greater control over their financial privacy, they must also address regulatory requirements and law enforcement concerns to avoid legal and reputational risks.
As the cryptocurrency industry continues to evolve, privacy-focused wallets like Samourai Wallet will need to strike a balance between privacy and compliance, ensuring that they can provide robust privacy features while also addressing regulatory concerns and maintaining transparency with authorities. This delicate balance is essential to foster trust and confidence among users and regulators alike, ultimately enabling the continued growth and adoption of privacy-enhancing technologies in the cryptocurrency space.
Source: cointelegraph.com
The post FBI warning against crypto money transmitters ‘appears’ to be aimed at mixers appeared first on HIPTHER Alerts.
Blockchain
Pantera Capital Plans to Raise $1 Billion for New Fund Offering Exposure to Crypto Assets
Pantera Capital is reportedly planning to raise $1 billion for a new fund that offers exposure to various crypto assets, as reported by Blockchain.News. This ambitious fundraising initiative underscores Pantera’s continued confidence in the potential of the cryptocurrency market and its commitment to providing investors with diversified investment opportunities in the digital asset space.
The new fund from Pantera Capital aims to capitalize on the growing demand for exposure to cryptocurrencies and blockchain-based assets among institutional and retail investors. By offering a comprehensive portfolio of crypto assets, the fund seeks to provide investors with access to a wide range of investment opportunities, spanning cryptocurrencies, tokens, and other digital assets.
Pantera’s decision to raise $1 billion for the new fund reflects its optimistic outlook on the long-term growth prospects of the cryptocurrency market. With increasing mainstream adoption and institutional interest in cryptocurrencies, Pantera sees significant potential for value creation and capital appreciation in the digital asset space.
As one of the leading blockchain-focused investment firms, Pantera Capital is well-positioned to attract capital from investors seeking exposure to the cryptocurrency market. The firm’s track record of successful investments and its experienced team of investment professionals are likely to bolster investor confidence and support for the new fund.
Pantera Capital’s plans to raise $1 billion for its new fund underscore its commitment to driving innovation and growth in the cryptocurrency market. As the fund attracts capital and deploys it into promising investment opportunities, it is poised to play a key role in shaping the future of the digital asset ecosystem.
Source: blockchain.news
The post Pantera Capital Plans to Raise $1 Billion for New Fund Offering Exposure to Crypto Assets appeared first on HIPTHER Alerts.
-
Blockchain Press Releases3 days agoDeFi Lens builds advanced Generative AI for Technical Analysis
-
Blockchain3 days agoVenezuela’s Oil Giant Turns to Crypto as US Sanctions Bite Again
-
Blockchain3 days ago
Halving weakness sees $206 million exit crypto funds, Bitcoin miners pivot to AI
-
Blockchain5 days ago
PairedWorld Earns Blockchain Award Nomination, Secures $1.5 Million in Private Token Sales, and Welcomes BlackRock Venture Partner to Advisory Board
-
Blockchain2 days agoGlobal Payment Gateway Industry Report 2024: Seamless Integration with In-Game Virtual Currency Systems Enables Payment Gateways to Contribute to the Monetization Strategies of Game Developers
-
Blockchain4 days ago
PairedWorld Earns Nomination for Best Blockchain Project for Social Impact, Secures $1.5 Million in Private Token Sales, and Welcomes Paul Taylor Who Is a Venture Partner at BlackRock to its Advisory Board
-
Blockchain1 day ago
BounceBit (BB) Megadrop Now Open: Participate by Subscribing to BNB Locked Products or Completing Web3 Quests
-
Blockchain1 day ago
39% of Canada’s institutional investors have exposure to crypto: KPMG
