Blockchain
NxTech Network Launches the Multi-Chain Cross-Chain Crypto Swap
Singapore, Singapore–(Newsfile Corp. – December 29, 2021) – NxTech Network is introducing Multi-Chain Cross-Chain Crypto Swap, which will give the ability to transact with any type of token across various blockchains without having to pay a high bridging fee.
Figure 1: NxTech Network launches the Multi-Chain Cross-Chain Crypto Swap
As of now only 0.6% of the population in the world have access to crypto wallet. NxTech focuses on enhancing the user experience so it could be easier for everybody to participate in web3. And help increase the usage of Cryptos.
NX DEX will focus on building a simple user interface that helps anyone accelerate their trading by making it easy to trade or invest in crypto.
Low Transact Fees
NxTech team aims to help users to transact with low fees and across different blockchains. In order to swap any crypto using DEX, users need to use different platforms, this is where NxTech DEX comes into play, NX DEX integrates both cross-chain crypto swap, and secure wallet features in one Dapps, including the Algo-trading system.
Peer-To-Peer Trading
NxTech Network is introducing NX DEX; for the DEX to facilitate peer-to-peer trading to the mass of the people by relying on automated smart contracts to execute trades without an intermediary. NxTech is also building a simple-to-use all-in-one platform. Users will be able to swap, store digital assets securely and also provide liquidity for tokens, farm tokens, stake tokens, and trade tokens.
PancakeSwap Listing
NxTech Network has just launched in the market and is still in its early stage. NxTech native token is currently available to trade on Pancakeswap.finance and their smart contract address is 0xeb0bdd8f51c867d787f0fc6b2dee360ca31628e3
KYC Verified
NxTech has a KYC verified team and have already completed smart contract Security audit by Tech-Audit. NxTech has already verified the identities of at least two team members and their connection to the project which are determined by submitting ID documentation (Passport, National ID) to an automated platform.
Additionally, NxTech has locked 65% of their NX tokens for 2 years.
BSC Contract: https://bscscan.com/token/0xeb0bdd8f51c867d787f0fc6b2dee360ca31628e3
CoinMarketCap: https://coinmarketcap.com/currencies/nxtech-network/
Audit: https://github.com/Tech-Audit/Smart-Contract-Audits/blob/main/TECHAUDIT_NXTECH.pdf
Social Media Handles:
Twitter: https://twitter.com/NxtechNetwork
Telegram Group: https://t.me/nxtechnetwork
Telegram Channel: https://t.me/nxtechtoken
Media Details
Company Name: NxTech Network
Contact Name: Sambar Harary
Email: [email protected]
Website: https://nxtech.network/
To view the source version of this press release, please visit https://www.newsfilecorp.com/release/108613
Blockchain
Ebang International Reports Financial Results for Fiscal Year 2023
Blockchain
FBI warning against crypto money transmitters ‘appears’ to be aimed at mixers
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
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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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