Blockchain
LBank Exchange Will List XRoad Initiative (XRI) on February 22, 2022
Internet City, Dubai–(Newsfile Corp. – February 18, 2022) – LBank Exchange, a global digital asset trading platform, will list XRoad Initiative (XRI) on February 22, 2022. For all users of LBank Exchange, the XRI/USDT trading pair will be officially available for trading at 14:00 (UTC+8) on February 22, 2022.
Figure 1: LBank Exchange Will List XRoad Initiative (XRI) on February 22, 2022
The need for maintaining individual data integrity and security has become ever more important in recent years. As an intersection for management of user’s data from off-chain to on-chain and back, XRoad believes that blockchain technology presents a decentralized and more democratized alternative where data integrity and security are achieved with self-verifying and self-executing smart contracts. With XRoad Decentralized Storage, XRoad Locker, and Oracle solutions, XRoad empowers individual Internet users to leverage blockchain technology for user-friendly access, protection, and control over their data. Its native XRoad Initiative (XRI) token will be listed on LBank Exchange at 14:00 (UTC+8) on February 22, 2022, to further expand its global reach and help it achieve its vision.
Introducing XRoad
The XRoad Project is here to fulfill the growing demand for bringing off-chain environment data into on-chain environments and the growing demand for storage and user control over their data. It aims to provide individual Internet users with the decentralized infrastructure needed to serve as the intersection between blockchain technology and the world’s data, offering XRoad Oracle, Decentralized storage, and Locker for user-powered interoperability between the off-chain world and smart contracts, as well as for individual data self-sovereignty.
From websites to databases and beyond, the XRoad Oracles serve as the essential data feed for the decentralized world. It bridges the connectivity gap between the off-chain data and blockchain smart contracts effectively and efficiently, providing the ability for interaction with online sources of information and the ultimate transference of this information to the blockchain.
XRoad’s blockchain-based decentralized storage XRDS is the convergence between multi-cloud decentralized data management philosophy with individual data self-sovereignty. It empowers users to store, secure, verify and authenticate their data with the decentralized approach to data management and provides a network that is highly difficult to attack or censor.
And with XRoad Locker, the user is truly in complete control over the accessibility of their data, their registered information, data disclosing and the value of the disclosed data to providers. In another word, users will own their data and decide how their data is used.
In addition, XRoad users can also easily mint NFTs representing ownership of digital assets stored on XRDS, and XRoad Locker enables control over sales and rentals, revenues generated through NFTs.
About XRI Token
XRI, the XRoad Initiative token, is used throughout the XRoad platform. Without the usage of XRI, access to the XRoad platform is not possible. XRoad Oracle operators receive XRI when processing correct data, maintaining, and operating their nodes. To access and store data on XRDS, transactions must be paid in XRI. And advertisers looking to target specific demographics need to purchase their traffic using XRI. Whether a user is interested in contributing to the XRoad platform’s operation or benefitting from its services, XRI is critical to the sustainability and success of the platform.
The total supply of XRI tokens is 10 billion (i.e. 10,000,000,000), 55% of it is provided for the ecosystem that is used for the promotion, facilitation, and expansion of the XRoad platform; 5% is used for private and public sales, 5% is provided for liquidity, another 25% is allocated to the team and advisors, and the rest 10% is provided for partnership.
The XRI token will be listed on LBank Exchange at 14:00 (UTC+8) on February 22, 2022, investors who are interested in XRoad investment can easily buy and sell XRI on LBank Exchange by then. The listing of XRI on LBank Exchange will undoubtedly help it further expand its business and draw more attention in the market.
Learn More about XRI Token:
Official Website: https://exroad.io
Telegram: https://t.me/xroad_initiative
Twitter: https://twitter.com/xri_ltd_info/
Instagram: https://instagram.com/xri_ltd_info_
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:
ZEXPRWIRE
[email protected]
To view the source version of this press release, please visit https://www.newsfilecorp.com/release/114190
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
The post FBI warning against crypto money transmitters ‘appears’ to be aimed at mixers appeared first on HIPTHER Alerts.
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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