Blockchain
LBank Exchange Will List Virtual Tourist (VT) on May 12, 2022
Internet City, Dubai–(Newsfile Corp. – May 10, 2022) – LBank Exchange, a global digital asset trading platform, will list Virtual Tourist (VT) on May 12, 2022. For all users of LBank Exchange, the VT/USDT trading pair will be officially available for trading at 18:00 (UTC+8) on May 12, 2022.
Figure 1: LBank Exchange Will List Virtual Tourist (VT) on May 12, 2022
As a VR gaming project connecting the metaverse with the tourism industry, Virtual Tourist (VT) allows people to discover different destinations from their own home and socialize in a fun way. Its native token VT will be listed on LBank Exchange at 18:00 (UTC+8) on May 12, 2022, to further expand its global reach and help it achieve its vision.
Introducing Virtual Tourist
Virtual Tourist is a VR gaming platform for learning, socializing, and earning with the Virtual Tourism concept. Its virtual reality social platform allows users to interact with each other and locations.
The concept of metaverse will affect people’s lives in almost every field in the coming period. One of the biggest impact areas of this will be the tourism sector. Virtual Tourist connects the metaverse world with the tourism industry, so that people can discover different destinations from their own homes and socialize in a fun way.
There are many benefits of using Virtual Tourist, such as removing costs and time-consuming process of real-world experiences. It has a strong influence on people’s on-site destination choices and will be valuable marketing tool to promote destinations. The aim of Virtual Tourist is to connect with local authorities around the world to expand business for the benefit of both the cities and the platforms.
Furthermore, Virtual Tourist will be a socialization app of people who like the same cultures, and provides virtual accessibility for everyone especially for the elderly and disabled with limited mobility. The concept of Virtual Tourist can help support sustainability by reducing unnecessary greenhouse gas emissions from transportation and be part of the green energy trend in the future. It will also be a common trend of fun & learn concept for young people’s education.
In addition, Virtual Tourist also provides limited NFTs that will give their owners access to its 3D rigged avatars. VT NFT owners will also experience a real value reflected into their NFTs. They will be able to trade them on the marketplaces or hold them.
About VT Token
VT is the utility token of Virtual Tourist game. People will be rewarded with the token when they collect in-game achievements. Users will be able to buy in-game content and special NFTs with VT token as well.
Based on BEP-20, VT has a total supply of 800 million (i.e. 800,000,000) tokens, of which 3% is provided for strategic sale, 8% is provided for public sale, 4% will be used for marketing, 8% is provided for development, 10% is provided for liquidity and partnership, 61% is provided for community and user grants, and the rest 6% is reserved for future partnerships and community incentives.
VT token will be listed on LBank Exchange at 18:00 (UTC+8) on May 12, 2022. Investors who are interested in Virtual Tourist investment can easily buy and sell VT token on LBank Exchange by then.
Learn More about VT Token:
Official Website: https://www.virtualtourist.io
Telegram: https://t.me/vtglobal
Twitter: https://www.twitter.com/vtmetaverse
Instagram: https://instagram.com/vtmetaverse
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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Contact Details:
LBK Blockchain Co. Limited
LBank Exchange
[email protected]
[email protected]
PR Contact:
To view the source version of this press release, please visit https://www.newsfilecorp.com/release/123464
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
The post Anticipated Return of $9B Mt. Gox-era Bitcoin May Spur Market Anxiety appeared first on HIPTHER Alerts.
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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