Blockchain
Saitama Inu Whales Join Bitrise Coin After Meeting
- Fast building of the DeFi protocol.
- The platform offers attractive rewards to users.
- Bitrise coin has innovative and attractive tokenomics.
New York, New York–(Newsfile Corp. – December 2, 2021) – Recently, Saitama Inu whales joined the Bitrise coin. The latest FBI warning on the Coinmarketcap exchange has greatly injured Saitama Inu’s image. The coin is yet to regain its fast growth rate before the warning. Already, community members are looking for coins with real utility and as a development plan.
Bitrise
To view an enhanced version of this graphic, please visit:
https://orders.newsfilecorp.com/files/8372/106283_d3301e6fe48088d5_001full.jpg
Bitrise coin, a still mooning crypto coin, is a crypto coin that has been performing very well since the BRISE token launched on 28th July 2021.
Unlike Saitama Inu, which is a Meme coin, Bitrise coin is built on a solid foundation, which is the ongoing Bitrise decentralised financial system. But it is the Bitrise Tokenomics, staking rewards, and fast accomplishments that have attracted the whales to join this coin.
Unlike most DeFo projects of its age or even old, Bitrise has accomplished a lot in four months. The team has already developed Bitrise has Bitrise Audits, Techrate Audi, and dApp wallet, which are products running in its ecosystem.
The team has also announced that its exchange will launch in Q1 2022 and that blockchain research has started. Such development accomplishments have convinced Saitama whales to join Bitrise coin after a meeting.
The recently announced Bitrise staking process, which the team says will be at the end of November, is one of the project’s biggest milestones and has increased the number of Saitama Inu community members joining the coin.
The attractive staking rewards is a key reason why these whales have joined the coin. Bitrise is sharing 80% APY of the revenue generated by the products in its ecosystem among staked tokens. With Bitrise Audits, Techrate Audi, and dApp wallet and the exchange coming soon, the platform is going to generate a lot of income for the tokens staked.
The Bitrise coin tokenomics continues to attract many crypto users, not just Saitama whales. BRISE is a hyper-deflationary token where token supply keeps depreciating. The ever-increasing token scarcity keeps the coin’s demand and price growing high, which is what all users want.
The Bitrise buyback contract buys back tokens from the liquidity pool and burns them automatically. The automated buyback process is funded by the 5% of the tax collected on token transactions, which is 12%.
Saitama Inu whales are also coming to get the 4% of the tax collected, which is redistributed as a reward to all token holders for just holding the tokens. Redistributed as BNB, the reward is automatically sent to the token holders’ wallets every 60 minutes. Crypto users are guaranteed this static income for just holding tokens.
Bitrise has been listed on big exchanges such as MEXC Global, LBank, and Bitmart, making it more available to Saitama Inu and other users. Follow Bitrise coin social media platforms for the latest updates!
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/106283
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 Releases5 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
-
Blockchain4 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)
