Blockchain
Volt Inu Closer to Launching Its Swap Platform with New Exciting Announcements
Malmo, Sweden–(Newsfile Corp. – June 28, 2022) – Volt Inu’s rise in the blockchain community is a continuous process. The team constantly updates the market with new announcements. The project is about to launch a proprietary swap platform, and its founders are signing major marketing and sponsorship contracts.
Volt Inu
The Upcoming VOLTICHANGE Swap Platform
Volt Inu is excited to announce that the project is closer to unveiling its anticipated swap system. “VOLTICHANGE,” as the founder labeled it, has already received inquiries about the listing process from dozens of projects.
The team expects to share more information on the new platform in July. In the meantime, Volt Inu shared a video portraying the upcoming portal on its social media pages.
Volt Inu’s swap wants to reach any DeFi project by utilizing existing liquidity pools on popular protocols. The whitepaper gave investors a set of information on the platform, and the market will soon learn more about it.
For the moment, the team explained that VOLTICHANGE would not have any listing fee nor listing requirement. The system will be multi-chain, as the modern crypto market relies on several blockchains.
The developers are coding VOLTICHANGE in such a way to not only support the hyper-deflationary nature of VOLT but to also help any existing or future project by allowing it to become deflationary as soon as its holders trade on VOLTICHANGE.
Volt Inu’s Latest Progress
Volt Inu’s marketing team has kept itself busy lately by targeting all the continents as well as multiple activities and places. For example, a massive project’s sponsorship campaign in Utah has recently gone live.
Moreover, Turkey is seeing massive Volt Inu billboards appearing in twelve of the largest malls in the country as well as in some of the biggest airports of the country. Peru and Mexico have also been among the team’s marketing campaign targets.
The Park City Farmers Market has recently opened, in one of the wealthiest cities in the USA, with the idea of supporting the local economy. Volt Inu chose to join this initiative by becoming its main sponsor. The sponsorship agreement will last for the whole summer.
Furthermore, New Yorkers have been able to spot 75 busses moving around the city sponsoring Volt Inu’s innovative project proposal.
Volt Inu’s involvement in the sports community is also getting strong and growing over time. Football fans in Argentina are spotting Volt Inu’s logo during several events especially as VOLT became a sponsor of one of the biggest soccer teams in Argentina: Defensa y Justicia.
Mauro Boselli, a famous face for Argentinian (and global) football, has recently become one of Volt Inu’s ambassadors.
But it’s not only football: UFC star Gilbert Burns as well as many other major UFC fighters like Brendan Allen, Ian Heinisch, Big Cat, Derek Brunson or Joselyne Edwards have recently decided to join the VOLT cause as ambassadors.
About Volt Inu
Cryptocurrency enthusiasts are following Volt Inu‘s evolution with interest. The project underwent a major redesign, and the team frequently updates the market on its latest developments.
The team is spreading the word about Volt Inu globally. The agreements with several ambassadors as well as their countless partnerships and CEX listings are enlarging the market reach of this initiative.
Most of all, the market is waiting for exciting news on VOLTICHANGE, the project’s swap platform.
Anyone can stay up to date on Volt Inu’s activities through its website and the social media below.
Twitter | Facebook | LinkedIn | YouTube
Contact:
Jo Evans
[email protected]
To view the source version of this press release, please visit https://www.newsfilecorp.com/release/129294
Blockchain
Glidelogic Corp. Announces Revolutionary AI-Generated Content Copyright Protection Solution
Blockchain
Ethereum ETFs Aren’t Blockchain But Is A Revolutionary Tech: Top 6 Amazing Reasons To Invest In Them
![ethereum-etfs-aren’t-blockchain-but-is-a-revolutionary-tech:-top-6-amazing-reasons-to-invest-in-them](https://theblockchainexaminer.com/wp-content/uploads/2024/07/51834-ethereum-etfs-arent-blockchain-but-is-a-revolutionary-tech-top-6-amazing-reasons-to-invest-in-them.png)
The financial landscape is rapidly evolving, with the integration of blockchain technology and cryptocurrencies becoming more prominent. Among these, Ethereum ETFs (Exchange-Traded Funds) have emerged as a significant investment vehicle, offering exposure to the Ethereum blockchain’s native cryptocurrency, Ether (ETH), without requiring direct ownership. However, it’s crucial to understand that Ethereum ETFs are distinct from the blockchain itself and serve different purposes in the investment world.
Understanding Ethereum and ETFs
Ethereum: A decentralized platform that enables the creation and execution of smart contracts and decentralized applications (dApps). It operates using its cryptocurrency, Ether (ETH), which fuels the network.
ETF (Exchange-Traded Fund): A type of investment fund that holds a collection of assets and is traded on stock exchanges. ETFs can include various asset classes, such as stocks, commodities, or bonds.
Ethereum ETFs: The Intersection of Traditional Finance and Cryptocurrency
An Ethereum ETF provides a way for investors to gain exposure to the price movements of Ether without directly purchasing the cryptocurrency. This is achieved through an ETF structure, where the fund holds assets linked to the value of Ether, and investors can buy shares of the ETF on traditional stock exchanges.
Key Features of Ethereum ETFs:
- Indirect Exposure: Investors gain exposure to Ether’s price changes without needing to manage or store the cryptocurrency themselves.
- Regulatory Compliance: Unlike the relatively unregulated cryptocurrency market, ETFs operate under the oversight of financial regulators, offering a layer of investor protection.
- Accessibility: Ethereum ETFs are available through traditional brokerage platforms, making them accessible to a broader range of investors.
Why Invest in an Ethereum ETF?
- Diversification: Including an Ethereum ETF in a portfolio can provide exposure to the cryptocurrency market, potentially enhancing diversification beyond traditional assets.
- Convenience and Familiarity: ETFs are a familiar investment product, simplifying the process of investing in cryptocurrencies.
- Professional Management: ETF managers handle the investment decisions, including the buying and selling of assets, which can be advantageous for those less familiar with the cryptocurrency space.
- Regulatory Oversight: ETFs are subject to regulatory scrutiny, potentially offering more safety and transparency compared to direct cryptocurrency investments.
- Potential for Growth: As the cryptocurrency market grows, ETFs linked to assets like Ether may benefit from rising prices.
Key Differences Between Ethereum and Ethereum ETFs
While both are related to the Ethereum blockchain, Ethereum itself and Ethereum ETFs represent different forms of investment:
- Ethereum (ETH):
- Direct ownership of the cryptocurrency.
- Full exposure to Ethereum’s features, including staking and network participation.
- Traded on cryptocurrency exchanges.
- Highly volatile and largely unregulated.
- Ethereum ETF:
- Indirect exposure through shares representing Ether’s value.
- Traded on traditional stock exchanges under regulatory oversight.
- Offers a more stable and familiar investment structure.
- Typically lower volatility compared to direct cryptocurrency ownership.
Future Considerations for Ethereum ETFs
The approval and launch of Ethereum ETFs mark a significant milestone in bringing cryptocurrencies closer to mainstream finance. They offer a convenient and regulated means for investors to gain exposure to the growing digital assets market. However, they also come with limitations, such as not allowing direct participation in the Ethereum ecosystem’s innovations, like dApps and smart contracts.
As the market evolves, we may see more sophisticated financial products that better capture the full potential of the Ethereum ecosystem. For now, Ethereum ETFs provide a balanced option for those interested in cryptocurrency exposure within the framework of traditional finance.
In conclusion, while Ethereum ETFs offer a gateway into the world of digital assets, they should be viewed as complementary to, rather than a replacement for, direct investment in the underlying blockchain technologies. Investors should carefully consider their investment goals, risk tolerance, and the unique attributes of both Ethereum and Ethereum ETFs when making investment decisions.
Source: blockchainmagazine.net
The post Ethereum ETFs Aren’t Blockchain But Is A Revolutionary Tech: Top 6 Amazing Reasons To Invest In Them appeared first on HIPTHER Alerts.
Blockchain
Nexo Reaffirms Commitment to Data Protection with SOC 3 and SOC 2 Compliance
![nexo-reaffirms-commitment-to-data-protection-with-soc-3-and-soc-2-compliance](https://theblockchainexaminer.com/wp-content/uploads/2024/07/51836-nexo-reaffirms-commitment-to-data-protection-with-soc-3-and-soc-2-compliance.png)
Nexo, a leading institution in the digital assets industry, has reinforced its commitment to data security by renewing its SOC 2 Type 2 audit and attaining a new SOC 3 Type 2 assessment without any exceptions. This rigorous audit process, conducted by A-LIGN, a respected independent auditor specializing in security compliance, confirms Nexo’s adherence to stringent Trust Service Criteria for Security and Confidentiality.
Key Achievements and Certifications
- SOC 2 and SOC 3 Compliance:
- SOC 2 Type 2: This audit evaluates and reports on the effectiveness of an organization’s controls over data security, particularly focusing on the confidentiality, integrity, and availability of systems and data.
- SOC 3 Type 2: This public-facing report provides a summary of SOC 2 findings, offering assurance to customers and stakeholders about the robustness of Nexo’s data security practices.
- Additional Trust Service Criteria:
- Nexo expanded the scope of these audits to include Confidentiality, showcasing a deep commitment to protecting user data.
- Security Certifications:
- The company also adheres to the CCSS Level 3 Cryptocurrency Security Standard, and holds ISO 27001, ISO 27017, and ISO 27018 certifications, awarded by RINA. These certifications are benchmarks for security management and data privacy.
- CSA STAR Level 1 Certification:
- This certification demonstrates Nexo’s adherence to best practices in cloud security, further solidifying its position as a trusted partner in the digital assets sector.
Impact on Customers and Industry Standards
Nexo’s rigorous approach to data protection and compliance sets a high standard in the digital assets industry. By achieving these certifications, Nexo provides its over 7 million users across more than 200 jurisdictions with confidence in the security of their data. These achievements not only emphasize the company’s dedication to maintaining top-tier security standards but also highlight its proactive stance in fostering trust and transparency in digital asset management.
Nexo’s Broader Mission
As a premier institution for digital assets, Nexo offers a comprehensive suite of services, including advanced trading solutions, liquidity aggregation, and tax-efficient credit lines backed by digital assets. Since its inception, the company has processed over $130 billion, showcasing its significant impact and reliability in the global market.
In summary, Nexo’s successful completion of SOC 2 and SOC 3 audits, along with its comprehensive suite of certifications, underscores its commitment to the highest standards of data security and operational integrity. This dedication positions Nexo as a leader in the digital assets space, offering unparalleled security and peace of mind to its users.
Source: blockchainreporter.net
The post Nexo Reaffirms Commitment to Data Protection with SOC 3 and SOC 2 Compliance appeared first on HIPTHER Alerts.
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