Blockchain
LBank Exchange Will List Saitanobi (SAITANOBI) on February 28, 2022
Internet City, Dubai–(Newsfile Corp. – February 28, 2022) – LBank Exchange, a global digital asset trading platform, will list Saitanobi (SAITANOBI) on February 28, 2022. For all users of LBank Exchange, the SAITANOBI/USDT trading pair will be officially available for trading at 21:00 (UTC+8) on February 28, 2022.
Figure 1: LBank Exchange Will List Saitanobi (SAITANOBI) on February 28, 2022
The WOLFPACK and SHINJACLANS are two of the most incredible communities in the crypto space. To maximize investors’ gains, Saitanobi (SAITANOBI) is merging these two communities in one token, and releasing staking and farming for its holders, so that they can earn SAITAMA and SHINJA as rewards, therefore helping all three communities. SAITANOBI token will be listed on LBank Exchange at 21:00 (UTC+8) on February 28, 2022, to further expand its global reach and help it achieve its vision.
Introducing Saitanobi
Saitanobi is a project that aims to merge two incredible crypto communities – WOLFPACK and SHINJACLANS. It focuses on bringing investors of both projects together and maximizing their gains.
Using its treasury funds to buy SAITAMA and SHINJA, Saitanobi distributes these tokens to its holders as reward. With this mechanism, Saitanobi will let its holders gain more SAITAMA and SHINJA tokens as well as helping them grow.
Additionally, staking is also provided by Saitanobi as a popular source of passive income. Saitanobi holders who choose to stake in “The Staking Den” will earn SAITAMA or SHINJA as rewards for staking. The APY will vary depending on the amount of Saitanobi tokens staked. The token buy/sell tax will not be triggered during staking however a small gas fee will be incurred.
With more CEX listings planned in its road map, Saitanobi will continue to grow its global community and attract more holders, as well as helping WOLFPACK and SHINJACLANS communities grow together.
About SAITANOBI Token
SAITANOBI has a total supply of 69 sextillion (i.e. 69,000,000,000,000,000,000,000) tokens. It taxes a total of 13% on each transaction, 5% of it is provided for treasury, 3% will be used for marketing, 2% is provided for auto liquidity, another 2% is provided for development, and the rest 1% is provided for reflections.
SAITANOBI will be listed on LBank Exchange at 21:00 (UTC+8) on February 28, 2022. Due to setting issues, the amount of SAITANOBI assets shown in the LBank Exchange user’s wallet is 1/1000000 of the actual amount. And the value of user’s assets remains unchanged. So, for example, if a user deposit 1,000,000 SAITANOBI tokens, the number shown in the wallet will be 1 SAITANOBI (1M).
When a user applies a withdrawal, the actual amount the user withdraws to the account is 1,000,000 times the withdrawal amount. For example, if a user applies a withdrawal of 1 SAITANOBI (1M) token at LBank Exchange, the user will receive 1,000,000 SAITANOBI tokens.
Investors who are interested in Saitanobi investment can easily buy and sell SAITANOBI on LBank Exchange once it’s listed. The listing of SAITANOBI on LBank Exchange will undoubtedly help it further expand its business and draw more attention in the market.
Learn More about SAITANOBI Token:
Official Website: https://saitanobi.com
Telegram: https://t.me/saitanobi
Twitter: https://twitter.com/saitanobi
Listing Announcement on LBank Exchange: https://support.lbank.site/hc/en-gb/articles/4497508602777-SAITANOBI-Saitanobi-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.
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/115060
Blockchain
Anticipated Return of $9B Mt. Gox-era Bitcoin May Spur Market Anxiety
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
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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.
Blockchain
Cardano Foundation Launches PRAGMA: A New Chapter in Open-Source Blockchain Development
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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