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Blockchain

Elia Coin (ELC) Is Now Available for Trading on LBank Exchange

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Internet City, Dubai–(Newsfile Corp. – May 16, 2022) – LBank Exchange, a global digital asset trading platform, has listed Elia Coin (ELC) on May 13, 2022. For all users of LBank Exchange, the ELC/USDT trading pair is now officially available for trading at 16:00 (UTC+8) as of May 13, 2022.

Figure 1: Elia Coin (ELC) Is Now Available for Trading on LBank Exchange

Setting a new standard for blockchain platforms, the ELC platform bridges multiple blockchains and allows users to send crypto from one to the other with its multi-chain supporting wallet. Its native token Elia Coin (ELC) has been listed on LBank Exchange to further expand its global reach and help it achieve its vision.

Introducing ELC Platform

The ELC platform provides liquidity to the market through currency exchange, loans, and DeFi services. It also provides a financial-based business model with a seamless ecosystem of markets and fund management. Products and services including wallet, swap, DeFi, exchange, loan, NFT and P2E are all featured in the ELC platform.

The ELC Wallet supports for multi-chain environments, users can send crypto from one blockchain to the other.  

With passion and a challenging spirit, the ELC team pursues customer satisfaction. On the ELC platform users can use convenient services via the app.

About ELC Token

Elia Coin (ELC) is the native token of ELC platform. The role of ELC is to provide a new type of financial service that combines the structure of traditional finance with DeFi through the connection between the consumer and supplier.

The total supply of ELC is 1 billion (i.e. 1,000,000,000) tokens, of which 50% is issued on ETH, 25% is issued on BSC, and the rest 25% is issued on Klaytn. ELC token has been listed on LBank Exchange at 16:00 (UTC+8) on May 13, 2022. Investors who are interested in Elia Coin investment can easily buy and sell ELC token on LBank Exchange by then. 

Learn More about ELC Token:

Official Website: http://eliac.info/index.php
Telegram: https://t.me/elc_community
Twitter: https://twitter.com/ELIA_COIN
Medium: https://medium.com/@ELC_Project

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
l Instagram
l YouTube

Contact Details:
LBK Blockchain Co. Limited
LBank Exchange
[email protected]
[email protected]

PR Contact:
ZEXPRWIRE
[email protected]

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/124138

Newsfile is a customer-focused newswire team that delivers press releases and corporate announcements to the global financial community. Approved by all stock exchanges, Newsfile offers broad access to media, analysts, investors and market participants. With agile services, proactive customer care and affordable pricing; Newsfile makes it easy for companies to tell their story to the audiences they need to reach.

Blockchain

AI-Powered Stock Trading Platform Market to Grow at CAGR of 10.24% through 2033 – Expanded Market Reach & Customized Investment Solutions to Propel Growth

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Blockchain

Vitalik Buterin claws back crypto community’s right to redefine ‘inflation’

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Ethereum’s co-founder argues for the crypto community’s authority to redefine “inflation” as the expansion of currency supply, challenging conventional economic definitions and tackling misinformation.

Vitalik Buterin, one of the creators of Ethereum, has emphasized that the crypto community has already staked its claim to redefine the term “inflation.”

Buterin’s remarks were prompted by a post from digital media outlet Axios, which humorously suggested that “inflation” now refers to high prices rather than the traditional concept of rising costs.

Although the Axios post was presented in a lighthearted manner, Community Notes (CN) clarified that the definition of inflation remains unchanged.

Buterin’s response, posted on Farcaster, contested Axios’ interpretation of inflation by asserting that the crypto community has already reshaped the meaning of the term.

“[…] we already decided that it now just means ‘increase in the total supply of a currency’.”

Buterin’s rebuttal garnered support from other users on Farcaster, including former Coinbase employee Binji.eth.

Traditionally, inflation refers to the general increase in the price level of goods and services, resulting in decreased purchasing power as currency value diminishes.

However, Buterin’s argument suggests a cultural shift in the definition of inflation, proposing that ongoing global inflation arises from an essentially unlimited increase in the total supply of currency.

Tech investor Lee Edwards criticized Axios’ initial post for perpetuating misconceptions rather than educating readers.

Buterin has recently been active on Farcaster, advocating for community-driven solutions and initiatives focused on preserving privacy and addressing exploitation issues.

While Buterin has not commented on the concerns surrounding Ethereum Foundation researchers Dankrad Feist and Justin Drake’s involvement with EigenLayer, their decision to become advisors at EigenLayer in exchange for significant compensation in EIGEN tokens has sparked debate within the crypto community.

While some members support the transparency of the disclosures, others have criticized the decision, suggesting that the substantial compensation could influence decision-making.

Source: cointelegraph.com

The post Vitalik Buterin claws back crypto community’s right to redefine ‘inflation’ appeared first on HIPTHER Alerts.

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Blockchain dev Sphere introduces bank-to-wallet Telegram extension

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Sphere Labs, a blockchain developer dedicated to facilitating stablecoin services for corporate clients, has unveiled a new fiat on-ramp and off-ramp tailored to operate within Telegram.

The bank-to-wallet extension enables Telegram users to seamlessly transfer funds between their bank accounts and wallets directly within the Telegram app, with an advertised fee of 0.1% per transaction for early adopters.

This service will be available to early adopters starting the week of May 27, with a full rollout expected later this year.

While users from any unsanctioned country can utilize the Telegram extension, they are required to link the service with a bank account denominated in United States dollars or euros.

Telegram remains a hotbed of crypto innovation and development, boasting a plethora of bots and applications such as Unibet and the CoinGecko bot, fostering a robust blockchain ecosystem within the platform.

At the heart of Telegram’s appeal to crypto investors, speculators, and enthusiasts lies the Telegram Open Network (TON), which integrates various components including the TON Blockchain, TON DNS, TON storage, and TON Sites, offering users a comprehensive solution for all their Web3 requirements.

According to DemandSage, Telegram boasts an impressive 800 million monthly active users, with over 52 million users engaging with the platform on a daily basis. DemandSage also reports that a staggering 15 billion messages are exchanged on Telegram daily, with the app being downloaded more than 1 billion times. Telegram is projected to reach 1 billion users by the end of 2024.

Furthermore, India ranks as the country with the highest number of Telegram users, estimated at 104 million users, making the platform an ideal environment for delivering fintech services to emerging markets.

The expansion of financial services to developing countries remains a central focus of the blockchain industry, with companies like Ripple Labs and Standard Diamond Co. striving to develop innovative solutions for those lacking adequate financial services in the modern era.

Source: tradingview.com

The post Blockchain dev Sphere introduces bank-to-wallet Telegram extension appeared first on HIPTHER Alerts.

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