Blockchain
Bitrise Price Skyrockets After Cardano Community Members Join
New York, New York–(Newsfile Corp. – November 15, 2021) – Cardano, a blockchain network, is hailed by the crypto community for its consistency. Since 2017 when Cardano was launched, it has been doing well in developing the biggest blockchain. The team at Cardano is building a blockchain to address shortcomings with the present system. According to the Cardano team, the Cardano blockchain is providing unmatched security and sustainability to decentralized applications and systems built on it.
Bitrise
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The Cardano team says that the Cardano platform is the first peer-review researched blockchain platform. The blockchain project promises to provide the most secure and fastest blockchain platform. As blockchain, Cardano is also affecting other products in the crypto space.
Recently, Cardano community members joined Bitrise coin, one of the fastest-growing crypto Launched on 28th July 2021. The effect this move by Cardano community members had was instant skyrocketing of the coin price. Just like Cardano, Bitrise is a coin that has been consistent in the crypto market.
The Cardano community members joined Bitrise as a major milestone for the coin. The Cardano community’s members are in the thousands, hence their impact was huge. Cardano is also a blockchain that hosts many major products used by thousands. Therefore, Bitrise coin finds itself in a good place with Cardano community members joining. The team at Bitrise is now expecting more Cardano members to join.
Like Cardano, the Bitrise team says their product would appeal to anyone, not just Cardano community members. Just like Cardano, the team says it is building the next big thing in DeFi.
DeFi is the future of the financial industry, which is why Cardano and other users are joining DeFi. Bitrise is one of the best decentralised financial systems in the making, which is why Cardano members are joining in thousands.
From tokenomics to staking, Cardano community members have huge opportunities. Cardano members joining Bitrise can enjoy rewards from staking and holding tokens.
Cardano members joining Bitrise will be entitled to token holding rewards, in BNBs. Bitrise network distributes 4% of the 12% tax charged on tokens sold to token holders, including joined Cardano members. Immediately the Cardano members buy BRISE tokens, they will receive rewards in the next 60 minutes.
Bitrise staking process is another reason Cardano community members have joined. The staking starts at the end of November 2021, a move that is attracting Cardano members and others. The 80% APY revenue share is appealing to other users as well, not just Cardano members.
Cardano community members have also mentioned the accomplishment of Bitrise. With just 3 months in, the market is delivering a lot to a point to attract communities like Cardano. Like Cardano, the team has released several products.
Already, Bitrise has Bitrise Audits, Techrate Audit and Bitrise dApp wallet. The Bitrise team is also soon launching the cryptocurrency exchange, which will increase the rewards for joining Cardano members.
The team is also positive that more Cardano investors will join after a successful staking process. The number of Cardano members joining has also been rising fast, according to the Bitrise team.
Bitrise will be launching a blockchain program. So like Cardano, Bitrise blockchain will be more than a DeFi protocol.
The upcoming Bitrise exchange and blockchain are also going to bring more members from Cardano.
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/103570
Blockchain
Cardano Foundation Launches PRAGMA: A New Chapter in Open-Source Blockchain Development
The Cardano Foundation has announced the launch of Pragma, marking a significant milestone in open-source blockchain development. Pragma aims to revolutionize Cardano by enhancing its infrastructure through innovative open-source projects.
Pragma represents a new chapter in the evolution of Cardano, focusing on improving its underlying infrastructure and expanding its capabilities. The initiative underscores the Cardano Foundation’s commitment to fostering innovation and driving progress within the blockchain ecosystem.
By leveraging open-source projects, Pragma seeks to enhance Cardano’s functionality and scalability, paving the way for broader adoption and increased utility. These efforts are expected to unlock new opportunities for developers and users alike, further cementing Cardano’s position as a leading blockchain platform.
Pragma’s launch highlights the ongoing evolution of Cardano and its commitment to pushing the boundaries of blockchain technology. Through collaborative open-source development, Pragma aims to address key challenges and drive continuous improvement within the Cardano ecosystem.
The Cardano Foundation’s announcement of Pragma signals a significant step forward in its mission to build a decentralized and sustainable blockchain infrastructure. With Pragma, Cardano is poised to embark on a new era of innovation and growth, setting the stage for a future of unprecedented possibilities in blockchain development.
Source: cryptonews.com
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Blockchain
Indonesian President Cautions Against Crypto in Money Laundering Risks
The President of Indonesia has issued a warning regarding the potential risks of cryptocurrency-related activities, particularly concerning money laundering. This caution comes amidst growing concerns about the misuse of cryptocurrencies for illicit purposes.
The Indonesian President has raised alarms about the possibility of cryptocurrencies being utilized for money laundering schemes. This apprehension underscores the need for enhanced vigilance and regulatory measures to combat financial crimes involving digital assets.
Indonesia’s stance reflects broader global efforts to address the regulatory challenges posed by cryptocurrencies and their potential implications for financial stability and security. Authorities worldwide are increasingly scrutinizing cryptocurrency transactions to prevent illicit activities and safeguard the integrity of the financial system.
In light of these concerns, Indonesia is likely to implement stricter regulations governing cryptocurrency exchanges and transactions. Such measures aim to mitigate the risks associated with money laundering and other illicit activities facilitated by cryptocurrencies.
The Indonesian government’s cautionary approach underscores the importance of striking a balance between fostering innovation in the cryptocurrency sector and safeguarding against financial crimes. As the cryptocurrency landscape continues to evolve, policymakers and regulators face the ongoing challenge of adapting regulatory frameworks to address emerging risks and protect the integrity of the financial system.
Source: cryptonews.com
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Blockchain
SEC Faces Lawsuit from CFAT and Blockchain Association
The U.S. Securities and Exchange Commission (SEC) finds itself entangled in a legal battle following a lawsuit filed against it by the Crypto Federation of American Technology (CFAT) and the Blockchain Association. This lawsuit challenges the SEC’s recent regulations regarding digital assets.
The CFAT and the Blockchain Association have taken legal action against the SEC, disputing its regulatory approach to cryptocurrencies and other digital assets. This move comes amidst growing tension between regulators and the crypto industry.
The lawsuit challenges the SEC’s authority and the legality of its actions, particularly regarding the classification of digital assets as securities. The plaintiffs argue that the SEC’s regulations are overly broad and lack clarity, causing confusion and hindering innovation in the crypto space.
Moreover, the lawsuit alleges that the SEC’s regulatory framework stifles competition and unfairly favors certain market participants. The plaintiffs assert that the SEC’s actions harm consumers and hinder the development of innovative blockchain technologies.
In response, the SEC has defended its regulatory approach, emphasizing the need to protect investors and maintain market integrity. The agency maintains that its regulations are necessary to prevent fraud and ensure compliance with securities laws.
The outcome of this legal battle could have significant implications for the future of the crypto industry in the United States. Depending on the court’s ruling, it could either provide clarity and regulatory certainty for market participants or further complicate the regulatory landscape for digital assets.
Source: analyticsinsight.net
The post SEC Faces Lawsuit from CFAT and Blockchain Association appeared first on HIPTHER Alerts.
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