Blockchain
LBank Exchange Will List RIDGE on November 24, 2021
Internet City, Dubai–(Newsfile Corp. – November 22, 2021) – LBank Exchange, a global digital asset trading platform, will list RIDGE token on November 24, 2021. For all users of LBank Exchange, the RIDGE/USDT trading pair will be officially available for trading at 21:00 (UTC+8) on November 24, 2021.
Figure 1: LBank Exchange Will List RIDGE on November 24, 2021
To view an enhanced version of this graphic, please visit:
https://orders.newsfilecorp.com/files/8378/104712_img1.jpg
Crypto has been utilized in various ways since its birth, one of its abilities is to help and support others through charity and donations. RIDGE is an ERC-20 token that takes charity and donations as its mission, and it aims to become a major player in the cryptoverse. RIDGE token will be listed on LBank Exchange at 21:00 (UTC+8) on November 24, 2021, to further expand its global reach and help it achieve its vision.
Introducing RIDGE
RIDGE is a community driven charity token on the Ethereum network (ERC-20) with main purpose to donate to charities and develop crypto utilities. Inspired by Rhodesian Ridgebacks, the team has decided to create the RIDGE token for the fastest growing Ridgeback Inu crypto community. Motivated by charity, RIDGE cares about crypto enthusiasts and wants to give back to society through charity and this will be achieved by collecting taxes in its donation wallet. 1% of the taxes for buying, selling and sending RIDGE token is going to its donation wallet and once a decent amount is accumulated the team will send these tokens to official charities.
The team is also developing crypto utilities, it has consistently delivered and helped other tokens develop their own utilities. The goal of RIDGE is to become a serious token with multiple utilities for a better decentralized world. It wants to become a major player in the cryptoverse while supporting charities and helping developers and creative people with crypto funding.
Tokenomics of RIDGE
Launched on November 9, 2021, RIDGE has received strong support, it has already done a total of 3 official donations and burned 5% of the token supply when reached 20 million market cap. Upon launching RIDGE, 15% of the supply was allocated to operations fund, which is used for marketing, reserve for exchange listings, etc., and 5% of the supply was allocated to the team, which is locked for one year.
RIDGE taxes 7% on each transaction, 1% of it is redistributed to its holder for their rewards, another 1% is collected for charity wallet for later donation, funding startups and providing help for rug-pull and scam victims, 2% is provided for liquidity to ensure the token is having a promising LP while the team develops utilities, and 3% goes to marketing wallet.
The RIDGE token will be listed on LBank Exchange at 21:00 (UTC+8) on November 24, 2021, investors who are interested in RIDGE investment can easily buy and sell RIDGE token on LBank Exchange by then. The listing of RIDGE on LBank Exchange will undoubtedly help it further expand its business and draw more attention in the market.
Learn More about RIDGE Token:
Official Website: https://ridge.fi
Twitter: https://twitter.com/ridgebackinu
Telegram: https://t.me/ridgebackinu
Listing Announcement on LBank Exchange: https://support.lbank.site/hc/en-gb/articles/4410129264409-RIDGE-will-be-listed-on-LBank
About LBank Exchange
LBank Exchange, founded in 2015, is an innovative global trading platform for various crypto assets. LBank Exchange provides its users with safe crypto trading, specialized financial derivatives, and professional asset management services. It has become one of the most popular and trusted crypto trading platforms with over 6.4 million users in more than 210 countries around the world.
Visit us on social media:
l Facebook
l Twitter
l LinkedIn
Contact Details:
LBK Blockchain Co. Limited
LBank Exchange
[email protected]
To view the source version of this press release, please visit https://www.newsfilecorp.com/release/104712
bybit lucky
Blockchain
Blocks & Headlines: Today in Blockchain (BlackRock, Plume, SEALSQ, Hedera, Deutsche Bank, KuCoin)
Blockchain technology continues to drive innovation across industries, reshaping finance, infrastructure, and philanthropy. Today’s news roundup explores exciting developments in blockchain ETFs, tokenization funding, quantum-resistant chips, public blockchain initiatives, and impactful social projects. Here’s a deep dive into the latest blockchain headlines:
BlackRock ETF Embraces Blockchain with First Muni Bond Purchase
BlackRock’s blockchain-focused ETF has made its first foray into municipal bonds, signaling increased confidence in integrating blockchain technology with traditional finance. The ETF’s strategic investment demonstrates how blockchain can enhance transparency and efficiency in bond markets.
By tokenizing municipal bonds, BlackRock aims to simplify trading and settlement processes while reducing associated costs. This development underscores the growing role of blockchain in transforming financial instruments and fostering greater market accessibility.
Source: Yahoo Finance
Plume Secures Funding for Tokenization Platform
Blockchain fintech company Plume has raised significant funding to advance its tokenization platform. The company’s innovative approach enables businesses to convert real-world assets into digital tokens, streamlining asset management and unlocking liquidity.
Tokenization is rapidly gaining traction as a game-changer in sectors such as real estate, art, and commodities. Plume’s success reflects a broader trend of investment in blockchain solutions that bridge the gap between traditional assets and decentralized technologies.
Source: Fortune
SEALSQ and Hedera Partner for Quantum-Resistant Blockchain Chips
SEALSQ and Hedera have announced a groundbreaking collaboration to develop quantum-resistant chips designed to secure blockchain infrastructure. These advanced chips will provide robust protection against future quantum computing threats, ensuring the integrity of blockchain networks.
As quantum computing capabilities evolve, safeguarding blockchain ecosystems becomes increasingly critical. This partnership highlights the importance of proactive measures in maintaining the resilience and trustworthiness of decentralized systems.
Source: The Quantum Insider
Deutsche Bank’s Public, Permissioned Blockchain Initiative
Deutsche Bank’s Layer 2 blockchain solution is set to go public and operate as a permissioned network, according to its tech partner. This initiative aims to strike a balance between accessibility and security, leveraging blockchain to streamline financial services and enhance operational efficiency.
The decision to adopt a public, permissioned model reflects a growing trend among enterprises seeking to harness the benefits of decentralization while maintaining control over sensitive data. Deutsche Bank’s approach could serve as a blueprint for other financial institutions exploring blockchain adoption.
Source: CoinDesk
KuCoin’s “Light Up Africa” Initiative Brings Hope to Thousands
Cryptocurrency exchange KuCoin has made a significant impact through its “Light Up Africa” donation ceremony in Ghana, benefiting 36,000 children across the continent. The initiative combines blockchain technology with philanthropy to address energy poverty and support education.
By leveraging blockchain for transparency in charitable contributions, KuCoin sets an example of how the crypto industry can drive meaningful social change. The project demonstrates the potential of blockchain to empower communities and foster sustainable development.
Source: PR Newswire
Industry Implications and Key Takeaways
Today’s developments highlight the transformative potential of blockchain across multiple domains:
- Integration with Traditional Finance: BlackRock’s ETF underscores the synergy between blockchain and established financial systems.
- Tokenization Trends: Plume’s funding success reflects the growing demand for digital asset solutions.
- Quantum-Resistant Technologies: SEALSQ and Hedera’s partnership addresses emerging cybersecurity challenges.
- Enterprise Blockchain Adoption: Deutsche Bank’s public, permissioned network showcases the adaptability of blockchain in financial services.
- Social Impact: KuCoin’s philanthropic efforts illustrate blockchain’s capacity to drive positive societal outcomes.
The post Blocks & Headlines: Today in Blockchain (BlackRock, Plume, SEALSQ, Hedera, Deutsche Bank, KuCoin) appeared first on News, Events, Advertising Options.
-
Blockchain5 days agoBridging Innovation and Regulation: How Yellow Network is Transforming Non-Custodial Trading in a Pro-Crypto Future
-
Blockchain6 days ago
Prosper Adds 7,000 More ASIC Miners from BITMAIN To Drive Tokenization of Hashrate as Multichain RWA ; Targets 170MW Capacity With New Strategic Round
-
Blockchain Press Releases6 days agoHTX Ventures Identifies Five Rapidly-Growing Sectors in 2024, Expects Positive Crypto Regulations Driven by Trump Next Year
-
Blockchain6 days ago
Blocks & Headlines: Today in Blockchain (Reserve Bank of India (RBI), Aethir, Blockchain Center Abu Dhabi, Qubetics, )
-
Blockchain3 days ago
50,000+ Mined Coins and 100,000 New Users: EMCD Summarizes 2024
-
Blockchain6 days agoLoan Brokers Market Opportunities and Strategies Report to 2033 – Loan Brokers Market Poised for Strong Growth, Forecasted to Reach $947.9 Billion by 2033
-
Blockchain5 days agoBuilding Bridges in Crypto: Bybit Sparked Dialogues and Joined Industry Leaders at Bitcoin MENA
-
Blockchain3 days ago
Blocks & Headlines: Today in Blockchain (BlackRock, Plume, SEALSQ, Hedera, Deutsche Bank, KuCoin)
