Blockchain
LBank Exchange Listed Metavault (MVD1) on April 1, 2022
Internet City, Dubai–(Newsfile Corp. – April 4, 2022) – LBank Exchange, a global digital asset trading platform, will list Metavault (MVD1) on April 1, 2022. For all users of LBank Exchange, the MVD1/USDT trading pair officially available for trading at 20:00 (UTC+8) on April 1, 2022.
Figure 1: LBank Exchange Listed Metavault (MVD1) on April 1, 2022
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The blockchain, DeFi and metaverse spaces have been expanding rapidly since their emergence while creating lots of great investment opportunities. Aiming to be the world’s smartest DAO-directed treasury, Metavault (MVD1) allows anyone to participate in the latest and most profitable projects and strategies in these spaces. Its native token MVD1 was listed on LBank Exchange at 20:00 (UTC+8) on April 1, 2022, to further expand its global reach and help it achieve its vision.
Introducing Metavault DAO
Metavault DAO is a blockchain-based, community-governed investment platform and decentralized venture capital vehicle that allows anyone to participate in the latest blockchain, DeFi and metaverse projects and strategies.
As a DAO, Metavault will be directed and governed by the very people that use the platform, with all decisions taken democratically by the members of the DAO. This is in direct contrast to the way in which the traditional financial market operates, where centralized institutions dictate policies and the customers or ‘users’ have no choice but to acquiesce. Every decision taken by the Metavault DAO is done so with fairness and full transparency for all community members to verify.
There are also mechanisms in place to ensure fair earnings distribution between investors, while the open-source nature of the project allows anyone to see the Metavault code, which also undergoes annual audits to ensure it remains secure and fair.
The core team of Metavault is highly experienced and motivated with in-depth market knowledge and a desire to disrupt the DeFi 2.0 space. And the highly skilled developers of Metavault can analyze, develop, and deploy smart contract. Metavault doesn’t exist to serve whales.
It is the premiere DeFi ecosystem, mainly on the Fantom blockchain, and aims to be the world’s smartest DAO-directed treasury, applying unique strategies based on holistic research. With in-house development, Metavault scours the crypto landscape for disruptive new projects or protocols and allocates treasury funds into the most promising instruments at an early stage.
About MVD1 Token
Metavault was created as a method of addressing the cryptocurrency world’s over reliance on fiat-backed stablecoins. The decentralised reserve currency protocol is based around the native MVD1 token, the value of which derives from a basket of assets under Metavault’s control, known as the ‘treasury’.
The MVD1 token is not pegged to a specific fiat value like regular stablecoins. Rather, it operates as a store of value, using the treasury to back the issuance and value of MVD1 tokens. Instead of borrowing it like stablecoins do, Metavault owns its liquidity.
Whenever the price of MVD1 falls below the backing price, the protocol buys back and burns MVD1 tokens to maintain this price, ensuring that the MVD1 Price will be held above the calculated backing price. The Metavault treasury holds enough reserves relative to the total supply to be able to keep buying and burning tokens whenever necessary.
MVD1 was listed on LBank Exchange at 20:00 (UTC+8) on April 1, 2022, investors who are interested in Metavault DAO investment could easily buy and sell MVD1 token on LBank Exchange from then. The listing of MVD1 on LBank Exchange will undoubtedly help it further expand its business and draw more attention in the market.
Learn More about MVD1 Token:
Official Website: https://metavault.org
Telegram: https://t.me/MetavaultDAO/
Discord: https://discord.com/invite/b2fPrbmPza/
Twitter: https://twitter.com/MetaVaultDAO/
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 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/119081
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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