Blockchain
LBank Exchange Will List BEE Token on January 28, 2022
Internet City, Dubai–(Newsfile Corp. – January 26, 2022) – LBank Exchange, a global digital asset trading platform, will list BEE token on January 28, 2022. For all users of LBank Exchange, the BEE/USDT trading pair will be officially available for trading at 16:00 (UTC+8) on January 28, 2022.
Figure 1: LBank Exchange Will List BEE Token on January 28, 2022
While being used to bridge the gap between everyday life and financial world, blockchain technology and crypto can also be used to bridge the gap between human relationships. As an easy communication platform and social network, Herbee built its world based on Ethereum blockchain technology, to help people who seek to meet and create relationships, with features such as short-form content, NFT market, and metaverse. Its utility token BEE will be listed on LBank Exchange at 16:00 (UTC+8) on January 28, 2022, to further expand its global reach and help it achieve its vision.
Introducing Herbee
Herbee is an easy communication platform and social network that naturally shares each other’s tastes and lifestyles around the world, making it easy to help people make neighborhood friends. Its ecosystem is based on Ethereum blockchain technology, and utilizes a GPS that contains natural communication which allows people to meet offline without actually knowing each other.
Short-Form content has been trending across the globe in recent years, by making short-form videos that shows users own hobbies, tastes and lifestyles, Herbee gives users opportunities to find friends they can connect with, and tools to make appointments in the neighborhood to meet with them in real life.
In addition to this combination of the trendiness and technology of short-form and Google Mapping, Herbee as a metaverse platform also provides services like Herbee-Meta-City, NFT market, and Herbeewood. Herbee-Meta-City is a public Herbee World where users can enjoy metaverse with other users and participate in various events and activities such as getting rewards, shopping, creating avatar, and meeting each other. Herbee’s NFT market allows users to create and trade unique characters protected by NFT standards such as ERC-721 or ERC-1155. Herbeewood is a place where users can acquire and customize personal BEE-LAND, the digital part of Herbee Metaverse’s virtual assets registered as NFT, to build and provide their content.
All these platforms and services provided by Herbee is powered by a utility token named BEE. It’s the essential access to many features of Herbee such as payment, staking, governing and so on.
About BEE Token
BEE token is an Ethereum smart chain main net based utility token which is used inside and outside of the Herbee Metaverse for honey purchases, staking and holding. BEE holders can also receive various benefits such as voting for events and participating in initiatives. With BEE token, users can experience a variety of content, such as messaging, purchasing avatars, and other trendy business-oriented aspects in Herbee Metaverse when they want to make friends. Users can also use BEE to develop and release their own user-generated content to receive BEE and provide access to other players.
The total supply of BEE token is 5 billion (i.e. 5,000,000,000), 50% of it is provided for distribution, 30% is held by the company, 10% will be used for marketing, and the rest 10% is allocated to reserve.
The BEE token will be listed on LBank Exchange at 16:00 (UTC+8) on January 28, 2022, investors who are interested in Herbee investment can easily buy and sell BEE on LBank Exchange by then. The listing price will be 0.01 USDT. The listing of BEE on LBank Exchange will undoubtedly help it further expand its business and draw more attention in the market.
Learn More about BEE Token:
Official Website: http://en.herbee.co.kr/
Telegram: https://t.me/+WWjDLUM_v81iZjVl
Twitter: https://twitter.com/herbee_official
Facebook: https://www.facebook.com/Herbee-107839208457421/?ref=pages_you_manage
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.
Start Trading Now: lbank.info
Community & Social Media:
l Telegram
l Twitter
l Facebook
l Linkedin
Contact Details:
LBK Blockchain Co. Limited
LBank Exchange
[email protected]
PR Contact
To view the source version of this press release, please visit https://www.newsfilecorp.com/release/111725
Blockchain
Alpha Transform Holdings Releases March Report on ASC AI Index
Blockchain
Elizabeth Warren Urges Treasury Secretary Yellen to Implement Strong AML/CFT Measures for Stablecoins
In a recent communication directed to Treasury Secretary Janet Yellen, US Senator Elizabeth Warren has strongly advocated for the incorporation of robust Anti-Money Laundering and Combating the Financing of Terrorism (AML/CFT) measures specifically tailored for stablecoins. Senator Warren’s correspondence underscores the critical importance of adopting the full array of AML tools outlined by the Treasury Department in a prior November 2023 communication to Congress.
Senator Warren has underscored the burgeoning threat posed by cryptocurrencies, particularly stablecoins, to national security. She has specifically drawn attention to instances where entities like Iran and Hamas have turned to cryptocurrencies as a means to raise funds and support terrorist activities. To effectively address this evolving threat landscape, Senator Warren asserts that any forthcoming crypto legislation must encompass comprehensive AML/CFT authorities as requested by the Treasury Department.
Moreover, Senator Warren has made reference to the testimony provided by Deputy Secretary Adewale O. ‘Wally’ Adeyemo before the Senate Committee on Banking, Housing, and Urban Affairs. In this testimony, Adeyemo emphasized the critical need for additional AML authorities to combat the growing menace posed by cryptocurrencies. Senator Warren has pointed out that the exclusion of crucial actors within the digital asset ecosystem, such as miners and validators, from AML/CFT requirements could potentially enable nefarious actors to exploit the increased crypto trading facilitated by stablecoin legislation.
Senator Warren’s steadfast stance on the regulation and oversight of cryptocurrencies is aligned with her prior efforts aimed at curbing illicit activities and safeguarding consumers, the financial system, and national security interests. She has persistently advocated for the closure of loopholes in AML regulations that allow sanctioned entities like Iran to derive revenue through crypto transactions. Furthermore, Senator Warren has consistently voiced concerns regarding the exploitation of cryptocurrencies in terrorist financing schemes and has called for the implementation of stronger regulatory frameworks to protect both consumers and national security interests within the realm of stablecoin-related legislation.
Source: blockchain.news
The post Elizabeth Warren Urges Treasury Secretary Yellen to Implement Strong AML/CFT Measures for Stablecoins appeared first on HIPTHER Alerts.
Blockchain
Binance Launches Megadrop: A Token Launch Platform with Airdrops and Web3 Quests
Binance has rolled out Binance Megadrop, a novel token launch platform that blends airdrops with Web3 quests. This platform enables users to engage in BNB Locked Products subscriptions and complete tasks within their Web3 Wallet to earn early rewards from chosen Web3 projects, even before their tokens hit the Binance Exchange.
The inaugural project featured on Binance Megadrop is BounceBit (BB), a BTC restaking chain. Here are the token specifics for BounceBit: Max Token Supply: 2,100,000,000 BB, Megadrop Token Rewards: 168,000,000 BB (8% of max token supply), Initial Circulating Supply: 409,500,000 BB (19.5% of max token supply).
To kickstart their journey with Binance Megadrop, users must log into their Binance account and ensure they possess an active Binance Web3 Wallet. From there, they can subscribe to BNB Locked Products and/or fulfill Web3 Quests to accumulate scores. These scores dictate the rewards received through the Megadrop program.
The scoring mechanism for Megadrop relies on the Locked BNB Score, determined by the quantity of BNB subscribed and the subscription period’s duration. Users also earn a Web3 Quest Bonus and a Web3 Quest Multiplier upon completion of designated Web3 Quests. The total score is computed by applying the Web3 Quest Multiplier to the Locked BNB Score and adding the Web3 Quest Bonus.
Importantly, only wallets created within the Binance Web3 Wallet and not external wallets will count towards Megadrop participation. Megadrop rewards will be airdropped to users’ Binance Spot Wallets.
Users must undergo identity verification and maintain at least one active Binance Web3 Wallet to qualify for Megadrop rewards. Additionally, certain jurisdiction-based eligibility criteria apply. Users from Australia, Canada, Cuba, Crimea Region, Hong Kong, Iran, Japan, New Zealand, Netherlands, North Korea, Russia, Singapore, Syria, United Kingdom, United States of America, and its territories are presently ineligible to participate in BB Megadrop.
Binance Megadrop is aimed at offering users an interactive and rewarding experience within the crypto realm. Further details regarding the Megadrop amount, Web3 Quests, and the comprehensive listing plan will be disclosed separately.
Source: blockchain.news
The post Binance Launches Megadrop: A Token Launch Platform with Airdrops and Web3 Quests appeared first on HIPTHER Alerts.
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