Blockchain
LBank Exchange Listed Thrupenny (TPY) on March 31, 2022
Internet City, Dubai–(Newsfile Corp. – April 4, 2022) – LBank Exchange, a global digital asset trading platform, has listed Thrupenny (TPY) on March 31, 2022. For all users of LBank Exchange, the TPY/USDT trading pair is officially available for trading at 16:00 (UTC+8) on March 31, 2022.
Figure 1: LBank Exchange Listed Thrupenny (TPY) on March 31, 2022
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Current DeFi lending space has many problems such as highly volatile interest rate and crypto prices, overcollateralization of staked assets, and no optimal approach to protect liquidity providers from impermanent loss. To address these issues, Thrupenny (TPY) was created as a new DeFi ecosystem with a smart investment system and an in-built Derivatives Decentralized Exchange on the lending platform. Its native token TPY was listed on LBank Exchange at 16:00 (UTC+8) on March 31, 2022, to further expand its global reach and help it achieve its vision.
Introducing Thrupenny
Thrupenny ecosystem is designed to be the new evolution in DEFI infrastructure for investing, lending and borrowing. The protocol is built to overcome the current deficiencies of the DeFi crypto lending space via introduction of a new generation of the crypto lending protocol, powered with a derivatives-based risk management engine and inherent derivatives DEX as well as flash loan arbitrage automation system.
Furthermore, the Thrupenny system introduces a no-code generation of DeFi arbitrage bots that can easily adjust the parameters of arbitrage bots to deploy them for finding arbitrage opportunities across numerous decentralized exchanges. Once the bots find the arbitrage opportunity, the smart contract will execute the arbitrage trades, repay the Flash Loan amount, all within a single transaction.
There is also a derivatives marketplace attached to the lending protocol, with a design based on the 0x protocol. Including features such as smart interest rate system and active risk management scheme, this DEX enables both users as well as the proxy risk management contract to open derivative positions in the system to hedge the risk.
Last but not least, the Thrupenny protocol has incorporated decentralized autonomous organization (DAO) to allow community-driven decisions regarding the risk levels that the lending pool will assume.
About TPY Token
TPY is the native token of Thrupenny ecosystem. On one hand, it acts as a facilitator of the whole economic activity in the system between different agents and creates appropriate incentives to ensure the effective functioning of the whole process, and on the other hand, it is applied as a governance token enabling the efficient, community-driven decision making in the Thrupenny system.
Based on Ethereum network, TPY has a total supply of 1 billion (i.e. 1,000,000,000) tokens, of which 25% is provided for the maintenance of Thrupenny ecosystem and liquidity, 25% is provided for Thrupenny strategic development and investment, another 25% is distributed to Thrupenny investors and backers, and the rest 35% is distributed to Thrupenny core contributors with a 2-year lock up period.
TPY will be listed on LBank Exchange at 16:00 (UTC+8) on March 31, 2022, investors who are interested in Thrupenny investment can easily buy and sell TPY token on LBank Exchange by then. The listing of TPY on LBank Exchange will undoubtedly help it further expand its business and draw more attention in the market.
Learn More about TPY Token:
Official Website: https://thrupenny.io
Telegram: https://t.me/thrupenny
Twitter: https://twitter.com/Thrupennydefi
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:
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l Twitter
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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/119080
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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