Blockchain
Dogelon Community Joins Bitrise Coin
New York, New York–(Newsfile Corp. – November 13, 2021) – Dogelon community joins Bitrise coin. Dogelon Mars is a micro-cryptocurrency built on the Ethereum blockchain. It is a cryptocurrency project working to become the first interplanetary currency. The native coin for the Dogelon platform is Elon and was launched on 23rd April 2021. The nature of the Dogelon crypto coin will be the most discussed topic. This is because Dogelon does not fall in the meme crypto category since the team says it will be an evolving project.
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Like other crypto coins, the Dogelon community will be looking forward to good returns. This means Dogelon has to compete with other crypto projects. In the recent past, Dogelon has been compared with emerging crypto coins that will be tough competitors. One of the coins competing with Dogelon is Bitrise, a new coin that is mooning and exciting the crypto community. Bitrise coins launched on 28th July 2021, two months after Dogelon.
Bitrise coin is a DeFi protocol running on Binance Smart Chain, while Dogelon has not been defined as Defi. The team behind Bitrise project is developing a disruptive decentralised financial system. Dogelon so far has not developed a payment system.
Unlike Dogelon, Bitrise platform will be making a real impact on society. The Bitrise has laid out a roadmap on how this will be achieved. Dogelon still has no whitepaper on its page. There is also no roadmap on the Dogelon main website.
According to the Bitrise team, the coin has been receiving thousands of new members from other crypto communities, and Dogelon is one of them. Bitrise is developing the biggest DeFi protocol, which is appealing to the Dogelon community.
Both Bitrise and Dogelon tokenomics are different. Bitrise burned 50% of quadrillion tokens in supply upon launching, just like Dogelon.The remaining 50% of Dogelon tokens is permanently locked in the Uniswap liquidity pool. Unlike Dogelon, the remaining 50% of Bitrise tokens, only 38% goes to the liquidity pool, unlike 50% of Dogelon quadrillion tokens. Therefore, Bitrise tokens will create higher demand than Dogelon because of the smaller number in the pool.
Bitrise is a hyper-deflationary token, a factor that is appealing to the Dogelon community. Bitrise will have tokens in the pool bought back and burned automatically using a buyback contract, while Dogelon is yet to provide buyback and burning details.
Bitrise investors are rewarded for holding the token, which is not happening at Dogelon. For holding Bitrise tokens, users will get a share of the tax charged on every token sold in BNBs. This is not happening at Dogelon. The Dogelon website has no info on token-holding rewards.
The Bitrise team announced the start of the staking process before the Dogelon team. According to the Bitrise team, after the staking announcement, there was a rise in Dogelon community members joining Bitrise. Dogelon still hasn’t developed its staking program for Dogelon token holders.
Utilities
Bitrise will soon launch more utilities, including community members’ passive income from staking. The team says it is expecting more Dogelon members to join before the launch of the staking program.
Bitrise has done a lot in developing its DeFi protocol and is now attracting the Dogelon community. Therefore, there might be more Dogelon community members joining Bitrise.
Media Contact
John K
Email: [email protected]
Website: https://www.bitrisetoken.com
Telegram: https://t.me/bitrisetoken
To view the source version of this press release, please visit https://www.newsfilecorp.com/release/103428
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
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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.
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