Blockchain
Harmonized App: The DeFi Platform That Aims to Revolutionize the Crypto Industry
New York, New York–(Newsfile Corp. – November 19, 2021) – The Harmonized app team is pleased to announce the release of a decentralized ecosystem consisting of well-packaged decentralized applications and financial services on its website.
The team is building on the successful presale of its Harmonized native token ($HMZ) which was hosted on PinkSale and the public launch of the native token on PancakeSwap on November 15 and 16 respectively.
The successful presale and launch saw the token’s initial market of approximately $600,000 hitting approximately $9 million within an hour. In less than 24 hours later, it was listed on CoinGecko.
Harmonized App Product Review
The Harmonized App ecosystem contains several decentralized financial applications and features such as a cryptocurrency interest/yield optimizer, a decentralized exchange (DEX) aggregator, a native token, a project yield farm creator / hosting service, and a staking portal.
According to the team, the Harmonized DEX aggregator is less expensive than most others and offers comprehensive coverage of notable decentralized exchanges, unlike its competitors that often miss out on other liquidity and DEX pools.
The Harmonized App solves some of the major challenges in the Decentralized Financial (DeFi) sector by supporting the major DEXs such as ApeSwap, PancakeSwap LPs, WagyuSwap, BakerySwap, and other certified players on the Binance Smart Chain.
Another important feature is the Yield Optimizer that allows users to earn the best interest across all protocols. The Harmonized team plans to “incorporate a cross-protocol yield optimizer where users can simply connect their MetaMask (and other) wallets to the Harmonized web application to instantly discover the highest annual percentage rate (APR) based on the tokens they are currently holding in their wallets.”
The team is working around the clock to position the Harmonized App as the leading decentralized exchange aggregator and yield optimizer on the Binance Smart Chain with plans in place to work on multiple chains such as Polygon, Ethereum, Fantom, and a host of other Layer- 1 and Layer-2 blockchain-based networks.
Accomplished Milestones
Within 48 hours of its launching, the Harmonized team reached some milestones. For instance, its Telegram group grew to 16k active members, filling the project presale instantly. It also reached the specified $330,000 or 580 BNB hard cap within a couple of seconds of the presale.
Just a couple of hours after it was launched on PancakeSwap, the token trended on several cryptocurrency forums, subsequently getting listed on CoinGecko.
More so, about a quarter of the raised funds (approximately $250,000 or 435 BNB) were injected back into the Liquidity Pool as a mitigating measure against price fluctuation.
The team also enabled staking of its token shortly after launch to allow token holders to earn passive income by locking their $HMZ token up.
Partnership with OnBlock
The Harmonized team is also excited to announce its partnership with OnBlock, a marketing company that has previously handled several large cryptocurrency projects to oversee some marketing areas such as influencer engagement, advertising, future AMAs, and celebrity endorsements.
Yield farming
Soon the Yield Optimizer will be released on the Harmonized App staking/farming portal to allow users to find the hottest farms and pools with the highest APYs, all being auto compounded by the Harmonized tech.
Partnerships
The team has also established many contracts, partnerships, and collaborations to be announced shortly.
Among other things, the Harmonized Team is making plans to hire some of the best influencers, marketers, and campaigners in the blockchain and cryptocurrency field to assist it with promoting the Harmonized App and its other projects. That’s besides its promise to create and articles across multiple noteworthy multimedia platforms such as Medium and Yahoo Finance every week.
Participants can also look forward to a rewarding experience with the various affiliate contests, competitions, prizes, and contests the team will offer to “promote further engagement and build a stronger online community.”
Audit Reports:
https://dessertswap.finance/audits/Harmonized%20App%20BSC%20Audit%2012175509.pdf
https://www.certik.org/projects/harmonized
Social Media Handles:
Twitter: https://twitter.com/harmonizedapp
Telegram: https://t.me/harmonizedapp
Medium: https://medium.com/@HarmonizedApp
Media Details
Company Name: Harmonized
Contact Name: Fibonacci
Email: [email protected]
Website: http://www.harmonized.org/
To view the source version of this press release, please visit https://www.newsfilecorp.com/release/104256
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.
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