Blockchain
Ravendex Launches A Non-Custodial Cardano Native Token Staking Platform
Dublin, Ireland–(Newsfile Corp. – February 21, 2022) –
Figure 1: Ravendex Launches A Non-Custodial Cardano Native Token Staking Platform
Working across several tokens on the Cardano Blockchain, its operation is based on the EUTXO model with unique features that include the ability to split shared liquidity among different Cardano-based assets.
More so, it belongs to the pioneer exchanges that brought crypto asset borrowing and lending to the Cardano Ecosystem. Thanks to this innovation, cryptocurrency investors can easily borrow or lend out their digital assets on the Ecosystem.
According to the team, Ravendex is currently trading on two exchanges – Muesliswap and Sundaeswap. That’s in addition to trading on Bitmart to give users a wide range of options.
The permissionless Rave staking platform with 12% APR is live now with over 30 Million Rave tokens already staked while the team is close to launching its DEX testnet.
The project aims to transform into a full DAO governed by Rave NFT Holders, over 10,000 pixelated raven birds and a native staking platform on the Cardano Blockchain which are currently minted.
Initial Stakepool Offering (ISPO)
The team seized the opportunity to announce its new fundraising mechanism, the Initial Stakepool Offering. The ISPO will allow the “Cardano community to support their favorite project without letting go of their ADA assets but instead, leveraging Cardano’s native reward incentive structure.”
Interested delegators can stake their ADA to the RAVEP stake pool and earn $RAVE rewards.
The deserving delegators who stake their ADA on the Ravendex stake pool will be rewarded with a portion of the staking rewards.
To ease the staking process and put investors’ minds at rest, they can stake ADA without locking their token or the tokens leaving their wallets.
How to Participate in the ISPO
Cryptocurrency investors who are interested in the ISPO can participate through their Yoroi or Daedalus wallets. ADA holders can use either of the wallets to assign their assets to a stake pool and get staking rewards in exchange.
To benefit from this offer, participate in the Ravendex ISPO by using the Ticker RAVEP to delegate to Ravendex stake pools. You will receive $RAVE tokens in reward for the staking in line with the staking duration and ADA staking amount.
ISPO Details
- Total $RAVE rewards: 66,560,000 $RAVE.
- ISPO Launch: Epoch 320.
- ISPO Block End Time: 352.
- Duration: 32 Epochs.
- RAVEP: $RAVE ISPO 100% Pool.
- 1 ADA staked = 0.0325 $RAVE per epoch.
Social Media
Github: https://github.com/Ravendexlabs
Telegram: https://t.me/RaversNests
Twitter: https://twitter.com/ravendexlabs
Documentation: https://docs.ravendex.io/
Medium: https://ravendex.medium.com/
Contact Channels:
Company Name: Ravendex Labs
Ravenslabs
Email: [email protected]
Website: https://ravendex.io
To view the source version of this press release, please visit https://www.newsfilecorp.com/release/114353
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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