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Bitrise Is Better than Safemoon V2 – Says Crypto Community

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New York, New York–(Newsfile Corp. – November 15, 2021) – Safemoon, a DeFi protocol built on Binance Smart Chain, is preparing to make a comeback with an upgrade, Safemoon V2. The Safemoon V2 has been one of the most popular products on the website and will be the second Safemoon product after the release of the Safemoon Wallet. Safemoon token price has been dropping, although the token has made it among the top 100 crypto coins by the market capitalisation.

Bitrise

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The Safemoon V2 has been the talk in the recent past and has brought some attention to the Safemoon project. But as DeFi, Safemoon will still have to compete with aggressive competitors. Bitrise, a highly potent coin and one of the fastest-growing cryptos, is one of the biggest Safemoon competitors. Launched on 28th July 2021, the coin has been compared with Safemoon in many cases. In fact, users are calling Bitrise coin the next Safemoon.

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Like Safemoon, Bitrise is a DeFi protocol built on Binance Smart Chain. The Bitrise team is building a decentralized financial system just like Safemoon but a powerful system. The design of the Bitrise protocol is what differs from Safemoon. Even with the release of the Safemoon V2, the Safemoon project will still be facing tough competition from Bitrise on various aspects.

There are a number of ways that the crypto community is saying that Bitrise is better than Safemoon V2. The value between Safemoon and Bitrise has been at the heart of this discussion. Safemoon has been compared to Bitrise on matters of tokenomics.

Bitrise coin has been rated the best in rewarding users due to its innovative tokenomics. Unlike Safemoon, Bitrise’s has a contract that automated the regulation of the tokens in the liquidity pool. Safemoon has a buyback contract too, but token burning is manual. Unlike Safemoon, Bitrise buyback contact also burns automatically. This is one of the features making the crypto community vote Bitrise over Safemoon. The Safemoon V2 is not addressing this shortcoming.

Safemoon V2 is not changing how users will be getting the reflections from holding tokens. This is an area where the crypto community says Bitrise is doing better than Safemoon. Unlike Safemoon, Bitrise members are rewarded with BNB for holding tokens. The difference it has over Safemoon is the automation of distribution to the token holders’ wallets.

Safemoon V2 is the second product that the Safemoon team is releasing after months of the Safemoon wallet release. Bitrise has been delivering fast within less than four months. Unlike Safemoon, Bitrise has three products already, including Bitrise Audits and Techrate Audit, both launched in late August. Like Safemoon, Bitrise dApp wallet is also out and was launched on 28th October.

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Apart from Safemoon wallet and the recent Safemoon V2, Safemoon has been slow considering it was launched 5 months before Bitrise coin. Therefore, the crypto community says Bitrise is delivering faster than Safemoon, which is making it better.

Safemoon team says Safemoon V2 will improve the security of Safemoon and accessibility of Safemoon tokens. The team at Bitrise is building a Blockchain-based DeFi protocol with incredible scaling and throughput features. Like Safemoon, the Bitrise platform is currently processing thousands of transactions.

Safemoon V2 is the next big thing on the Safemoon platform, but Bitrise coin is way ahead. The Bitrise team recently announced the launch of the staking process and is about to launch the staking program, which was under beta testing phase at the time of writing. Safemoon has not launched or announced the staking on the Safemoon network.

Safemoon V2 is a big milestone in the development of the Safemoon platform, but it will have to compete with the Bitrise team, which is several steps ahead of Safemoon in building its DeFi product. Soon, Bitrise coin is launching a staking program and, later on, a cryptocurrency exchange. It is this delivery rate that is making crypto community rate Bitrise better than Safemoon V2.

Media Contact
John K
Email: [email protected]
Website: https://www.bitrisetoken.com
Telegram: https://t.me/bitrisetoken

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Blockchain

Bybit Expands bbSOL Yield Opportunities Through Strategic DeFi Partnerships

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This Week in Finance News: 11 Stories You Need to See

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With thousands of press releases published each week, it can be difficult to keep up with everything on PR Newswire. To help finance journalists and consumers stay on top of the week’s most newsworthy and popular releases, here’s a recap of some major stories from the week that shouldn’t be missed.

The list below includes the headline (with a link to the full text) and an excerpt from each story. Click on the press release headlines to access accompanying multimedia assets that are available for download.

  1. Prosperity or catastrophe: #Insurance2040 study reveals four possible futures for the industry
    By 2040, technological innovation driven by customer centricity could pave the way to greater climate resilience and more personalized offerings by the insurance industry. Alternatively, insurance could become a luxury afforded only to the wealthiest few.
  2. Cardinal Health announces two strategic additions to its portfolio
    Cardinal Health will acquire a majority stake in GI Alliance (GIA), the country’s leading gastroenterology (GI) management services organization (MSO), from a combination of GIA physician owners and funds managed by affiliates of Apollo. Cardinal Health will also acquire the Advanced Diabetes Supply Group (ADSG), one of the country’s leading diabetic medical supplies providers, for approximately $1.1 billion in cash.
  3. BlackRock Launches New BUIDL Share Classes Across Multiple Blockchains to Expand Access and Potential of BUIDL Ecosystem
    This initiative represents the next step in the evolution of the tokenization market, by enabling BUIDL to be used within leading blockchain-based financial products and infrastructure across ecosystems.
  4. Primo Brands Corporation Announces Successful Completion of Merger of Primo Water and BlueTriton Brands
    “I believe Primo Brands is positioned to be a leader in the healthy hydration beverage category, thanks to the strength of its iconic, sustainably-sourced brands, its robust operations and extensive North American network, and its responsible operation of numerous springs across the country,” said Dean Metropoulos, Non-Executive Chairman of the Board of Directors of Primo Brands.
  5. Jackson Hewitt Tax Services Expands Workforce, Offering Job Opportunities Nationwide for Upcoming Tax Filing Season
    The week-long event will launch the combined hiring of 18,000 employees to prepare for the upcoming tax filing season. The Jackson Hewitt hiring events are open to the public and include on-site interviews. Qualified candidates could receive a job offer immediately.
  6. PNC Bank to Double Planned Branch Openings to More Than 200 Across Six States This announcement brings the bank’s total investment to approximately $1.5 billion to open more than 200 new branch locations in 12 cities across the U.S. over the next five years, while completing the renovations of 1,400 existing branches during the same time period.
  7. Alchemy Pay Expands Virtual Card Functionality with Google Pay Support The new card BINs added will significantly enhance the capabilities of crypto cards, expanding their support for a broader range of payment scenarios and improving transaction success rates. This advancement is particularly impactful when paired with Google Pay, one of the most popular and widely used digital payment platforms, trusted by millions for its convenience and security.
  8. Finaya Unveils Nationwide Homeownership Platform
    From providing rich and current information about home values and property conditions, to finding helpful repair and remodeling providers, to shopping for and securing the right insurance, the platform simplifies the homeownership process, making it more accessible, convenient and efficient.
  9. GenAI predicted to inspire revenue growth in 76% of businesses, but only 4% qualify as “leaders” in AI and analytics
    Kearney’s report confirms that businesses are not only aware of how big data, AI, and analytics will impact revenue generation and enhance business strategies, but they are investing to stay ahead of the curve, too.
  10. GameAbove Sports Acquires Meaningful Ownership Stake in Brisbane Bullets with NBA Legend George Gervin as Part of Ownership Team
    This move marks a significant milestone for GameAbove Sports, a CapStone Holdings Inc. company, as it expands its influence on international basketball ahead of the Brisbane 2032 Olympics.
  11. Most US shoppers are encountering generative AI while shopping without realizing it
    A survey of 700 online shoppers in the US shows 71% are unaware of having used generative AI while shopping online even though most had recently shopped at retailers currently using it. 41% of customers say they would feel comfortable using a generative AI tool from a brand they trust.

For more news like this, check out all of the latest finance-related releases from PR Newswire.

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Helping Journalists Stay Up to Date on Industry News

These are just a few of the recent press releases that consumers and the media should know about. To be notified of releases relevant to their coverage area, journalists can set up a custom newsfeed with PR Newswire for Journalists.

Once they’re signed up, reporters, bloggers, and freelancers have access to the following free features:

  • Customization: Users can create customized newsfeeds that will deliver relevant news right to their inbox. Newsfeed results can be targeted by keywords, industry, subject, geography, and more.
  • Photos and Videos: Thousands of multimedia assets are available to download and include in a journalist or blogger’s next story.
  • Subject Matter Experts: Journalists will have access to ProfNet, a database of industry experts to connect with as sources or for quotes in their articles.
  • Related Resources: Our journalist- and blogger-focused blog, Beyond Bylines, features regular media news roundups, writing tips, upcoming events, and more.

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Blockchain

Fintech as a Service Market: A Comprehensive Trends Analysis Predicts a USD 1,329.12 Billion by 2032 CAGR: 17.4% | PMR

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