Blockchain
LBank Exchange Will List DFC on December 15, 2021
Internet City, Dubai–(Newsfile Corp. – December 14, 2021) – LBank Exchange, a global digital asset trading platform, will list DFC token on December 15, 2021. For all users of LBank Exchange, the DFC/USDT trading pair will be officially available for trading at 16:00 (UTC+8) on December 15, 2021.
The blockchain technology has been developing for more than a decade since the birth of bitcoin, and public chains continue to emerge with advanced technologies being built in. As an unlimited public chain and a decentralized distributed system, DFC has an underlying system of a multi-chain (parallel public chain) framework that allows multiple parallel public companies to be expanded on. It’s native DFC token will be listed on LBank Exchange at 16:00 (UTC+8) on December 15, 2021, to further expand its global reach and help it achieve its vision.
Figure 1: LBank Exchange Will List DFC on December 15, 2021
Introducing DFC Public Chain
DFC is an unlimited public chain and a decentralized distributed system. It’s a new generation of blockchain protocol that combines the entire network of specially constructed blockchains, allowing them to work together seamlessly on a scale. Furthermore, because DFC Public Chain enables any data to be sent between any blockchain, it unlocks many real-world scenarios, such as distributed social network applications, digital asset payment settlement and wallet, decentralized trading platform, digital asset quantitative transaction exchange, digital asset lending DeFi and many more.
DFC Public Chain has a unique heterogeneous sharding model. Each side chain in the network can be optimized for a specific scenario instead of being forced to adapt to a one-size-fits-all model, which means more opportunities for innovation. It also allows multiple transactions to be processed in parallel. This system eliminates the bottleneck of the previous network that processes transactions one by one. DFC Public Chain can be further expanded through nested relay chains in the future, which will increase the number of shards that can add to the network.
In addition, there is no need for a forked chain to upgrade DFC public chain since it has completely changed the blockchain upgrading process. Furthermore, the cross-chain composability and messaging of the DFC Public Chain allow shards to communicate, exchange value, and share functions. DFC Public Chain shards will also communicate with popular decentralized financial protocols and encrypted assets on external networks such as Ethereum. Besides, Parachain, the sovereign blockchain of the DFC Public Chain, can have its own token and optimize its functions for specific scenarios.
As an open source project, DFC is jointly established by the Technology Finance Laboratory, DFC Foundation, multi-party capital and top blockchain developers. The DFC Public Chain will become an ecosystem covering a wide range of applications infrastructure, solving various commercial applications through parallel chain technology demand.
About DFC Token
DFC token is built for the entire DFC Public Chain ecosystem, playing important roles in ecological development, community drive, application circulation, community governance and so on.
The total supply of DFC token is 3 billion (i.e. 3,000,000,000). 80% of the DFC supply is provided for miners to get through participation in smart contracts, node voting, mining, etc. 5% goes to foundation for long-term community construction, network management, follow-up project development and business ecological construction, as well as international business development. Another 5% is allocated to technical team as the rewards for research and development of the science, Technology Financial Laboratory team, operation and maintenance. The rest 10% is allocated to ecological developers as rewards.
The DFC token will be listed on LBank Exchange at 16:00 (UTC+8) on December 15, 2021, investors who are interested in DFC Public Chain investment can easily buy and sell its token on LBank Exchange by then. The listing of DFC on LBank Exchange will undoubtedly help it further expand its business and draw more attention in the market.
Learn More about DFC Token:
Official Website: https://www.dfc.cash/
Telegram Channel: https://t.me/dfccommunity
Telegram International Group: https://t.me/DFCpublicommunity
Twitter: https://twitter.com/dfc__community
Listing Announcement on LBank Exchange: https://support.lbank.site/hc/en-gb/articles/4411835112729-DFC-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 from now more than 210 regions around the world.
Visit us on social media:
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/107571
The anticipated return of $9 billion worth of Bitcoin from the Mt. Gox era has the potential to stir anxiety within the cryptocurrency market. This significant influx of Bitcoin, which has been tied up since the collapse of the Mt. Gox exchange in 2014, raises questions about its potential impact on market dynamics and investor sentiment.
The return of these long-dormant Bitcoin holdings may lead to increased volatility and uncertainty in the cryptocurrency market. Market participants are likely to closely monitor the movement of these funds and assess their potential impact on Bitcoin prices and overall market stability.
Additionally, the large-scale return of Bitcoin from the Mt. Gox era may trigger concerns about potential selling pressure and its effect on market liquidity. Investors may anticipate fluctuations in Bitcoin prices as these funds are reintroduced into the market and traded.
Furthermore, the return of these Bitcoin holdings highlights the ongoing legal and regulatory challenges associated with the Mt. Gox saga. The resolution of this long-standing issue could have far-reaching implications for investor confidence and the perception of security within the cryptocurrency ecosystem.
Overall, the anticipated return of $9 billion worth of Bitcoin from the Mt. Gox era has the potential to evoke anxiety among market participants and prompt heightened scrutiny of market dynamics. As the cryptocurrency market braces for this significant development, it remains to be seen how it will navigate the potential challenges and opportunities presented by the return of these funds.
Source: blockchain.news
The post Anticipated Return of $9B Mt. Gox-era Bitcoin May Spur Market Anxiety appeared first on HIPTHER Alerts.
Blockchain
Binance Faces Lawsuit in Canada for Selling Crypto Derivative Products Without Registration
Binance is currently embroiled in a legal dispute in Canada over allegations of selling cryptocurrency derivative products without proper registration. This lawsuit underscores the regulatory challenges facing the cryptocurrency exchange in various jurisdictions.
The lawsuit accuses Binance of offering crypto derivative products to Canadian investors without obtaining the necessary registration from Canadian securities regulators. This legal action highlights the importance of compliance with regulatory requirements in the cryptocurrency industry, particularly concerning the sale of derivative products.
Binance’s legal woes in Canada reflect broader concerns about regulatory compliance and investor protection within the cryptocurrency sector. As authorities worldwide increase scrutiny of cryptocurrency exchanges and trading platforms, companies like Binance face mounting legal and regulatory challenges.
The outcome of this lawsuit could have significant implications for Binance and the broader cryptocurrency industry in Canada. Depending on the court’s ruling, it could lead to increased regulatory oversight and stricter enforcement measures for cryptocurrency exchanges operating in the country.
In response to the lawsuit, Binance has stated that it is committed to compliance with all applicable laws and regulations in the jurisdictions where it operates. However, the outcome of this legal dispute will likely shape the regulatory landscape for cryptocurrency exchanges in Canada and influence their future operations and compliance efforts.
Source: blockchain.news
The post Binance Faces Lawsuit in Canada for Selling Crypto Derivative Products Without Registration appeared first on HIPTHER Alerts.
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
The post Cardano Foundation Launches PRAGMA: A New Chapter in Open-Source Blockchain Development appeared first on HIPTHER Alerts.
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