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LBank Weekly Listing Report, 4th July 2022

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Internet City, Dubai–(Newsfile Corp. – July 6, 2022) – As a world class digital asset exchange, LBank continues to focus on providing its users quality projects to participate in. Here is a weekly report made by LBank Exchange presenting this week’s exciting new listings and a summary of the ones listed last week, offering users more information to help better understand these unique opportunities.

New Listings on LBank Exchange

Scheduled this week starting on 4th July.

For a more complete list please follow our twitter @LBank_Exchange

Project: DTR
Listing date: 4th July
Key words: Dapp、Platform, Listed on bitmart, ERC20
Official Website: https://www.cyworld.com/cyworld/welcome

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About:

DOTORI is an ERC-20-based native utility token that can be used as a common currency throughout the Cyworld platform, and users can use the “DOTORI” to purchase various digital contents in the mobile SNS service and 3D metaverse platform.

Project: LKC
Listing date: 4th July
Key words: Dao, Initial listing, BSC
Official Website: https://luckyico.com/

About:

Lucky coin was born to serve the surrounding ecosystems including cryptocurrency platform, electric aviation platform, trading and entertainment platform. Lucky coin uses BSC’s blockchain platform (Binance) to operate and apply for products in the Company’s ecosystem.

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Project: POX
Listing date: 5th July
Key words: Others, Listed on vindax, koinbazar , TRC20
Official Website: https://www.polluxcoin.info/

About:

Polluxcoin is the platform for the private financial management market, built on TRON’s TRC-20 blockchain technology. It unites brokers, traders, and investors into a decentralized, open and fair network, making the financial market even more global. This will allow successful traders to rapidly scale their trading strategies by attracting investments from around the world. The smart contract technology that underlies the platform will provide an automated and absolutely transparent system for investment and profit distribution.

Project: METAVIE
Listing date: 5th July
Key words: DeFi, Metaverse, Initial listing, BSC
Official Website: https://metavie.io/

About:

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Metavie token is a metaverse utility token. It can be earned through DeFi products like the Superfarm and the Vault Packs. The Metavie Token is then used as an Access Token to unlock more areas, products, and items in the UnitedMetas Metaverse. The more Metavie Tokens you have, the higher the advantages.

Project: DEBT
Listing date: 5th July
Key words: Other: FIN, Listed on pancakeswap, BSC
Official Website: https://www.thedebtbox.com/

About:

The DEBT token is the main utility token for the D.E.B.T. Box ecosystem which has a growing list of token projects. Each project will have a swap pairing with the DEBT token. Other projects in the ecosystem are deflationary with transfer fees to support the network, discouraging frequent trading. Because of this, a token holder will be encouraged to transfer their project token value to the DEBT token before transferring and using it for trading and liquidity. With the central role it plays on the platform, we anticipate the demand for DEBT will Increase as more and more projects enter the ecosystem and token projects mature.

Project: LYO
Listing date: 7th July
Key words: Others, Listed on bitmart, bibox, hitbtc, bitforex, BSC
Official Website: https://www.lyopay.com/

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About:

LYOPAY is a fintech organization managed by DIGILYO APP LIMITED, with the administrative office in Hong Kong and operational offices in more than seven countries.

LYOPAY is an ecosystem that combines different services from many financial partners located in different countries, enabling faster global expansion in different platforms. The main project is to build an ecosystem that encompasses primary payment services and extends to tools for professional trading, travel booking, a launchpad page, and other services that will be expounded later in this document.

Project: IXT
Listing date: 7th July
Key words: GAMEFI, Play to Earn, Play and Earn, DeFi, Listed on quickswap, POLYGON
Official Website: https://planetix.com/

About:

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IXT is the utility token that facilitates trading of PIX, Landmark Relic NFT earnings, buying packs and participating in raffles. IXT is also paid for DeFi products like Single Staking.

Summary of Last Week’s Listings – June 27th to July 3rd, 2022

Name: MNT
Weekly gain: 28110%
Official Website: http://www.micronft.info/
Trade here: https://www.lbank.info/exchange/mnt/usdt/#inno

Name: TBP
Weekly gain: 160%
Official Website: https://www.turbopay.world/
Trade here: https://www.lbank.info/exchange/tbp/usdt/#inno

Name: LOOT
Weekly gain: 36%
Official Website: https://lootex.io
Trade here: https://www.lbank.info/exchange/loot/usdt/#inno

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Name: DSP
Official Website: https://delio.global/
Trade here: https://www.lbank.info/exchange/dsp/usdt/#inno

Name: SENSO
Official Website: https://sensoriumxr.com/
Trade here: https://www.lbank.info/exchange/senso/usdt/#inno

Name: INTR
Weekly gain: 35%
Official Website: https://interlay.io/
Trade here: https://www.lbank.info/exchange/intr/usdt/#inno

Name: WDPF
Weekly gain: 4149%
Official Website: http://worldpf.io/
Trade here: https://www.lbank.info/exchange/wdpf/usdt/#gamefi

Name: GTX
Weekly gain: 2400%
Official Website: http://xibitio.com/
Trade here: https://www.lbank.info/exchange/gtx/usdt/#inno

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Name: ARI10
Official Website: https://ari10.com/
Trade here: https://www.lbank.info/exchange/ari10/usdt/#usd

Name: NBLS
Official Website: https://nblscoin.co.kr/
Trade here: https://www.lbank.info/exchange/nbls/usdt/#inno

Name: BIBL
Weekly gain: 3189%
Official Website: https://bibl-coin.com/
Trade here: https://www.lbank.info/exchange/bibl/usdt/#inno

Name: POKT
Weekly gain: 64%
Official Website: https://www.pokt.network/
Trade here: https://www.lbank.info/exchange/pokt/usdt/#inno

Name: STORJ
Official Website: https://www.storj.io/
Trade here: https://www.lbank.info/exchange/storj/usdt/#usd

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Name: RON
Weekly gain: 251%
Official Website: https://bridge.roninchain.com/
Trade here: https://www.lbank.info/exchange/ron/usdt/#inno

Name: METAF
Official Website: https://metaf.global/
Trade here:

Name: HLN
Weekly gain: 184%
Official Website: https://holonus.io/
Trade here: https://www.lbank.info/exchange/hln/usdt/#usd

Name: RVLT
Weekly gain: 123%
Official Website: https://revolt.cultdao.io/
Trade here: https://www.lbank.info/exchange/rvlt/usdt/#inno

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To view the source version of this press release, please visit https://www.newsfilecorp.com/release/130101

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

PayPal receives New York crypto trust charter

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The New York State Department of Financial Services (NYDFS) has granted PayPal Digital a limited purpose trust charter, a designation typically held by digital asset custodians and some stablecoin issuers.

Last August, PayPal launched its PYUSD stablecoin, marking the first stablecoin from a BigTech company. Paxos Trust Company, which also holds an NYDFS limited trust charter, currently issues the PYUSD stablecoin. Paxos has been PayPal’s partner for its cryptocurrency services since inception. Consequently, the new trust charter may signal PayPal’s intention to take over the custody of its clients’ crypto-assets and potentially move the issuance of PYUSD in-house.

Despite reaching out to PayPal for clarification on the purpose of the trust charter, no response was received before publication.

The PYUSD stablecoin is still in its early stages, with its recent integration for cross-border payments via PayPal’s Xoom app. The stablecoin’s market capitalization has grown to nearly $400 million, up from $190 million in early April. Notably, wallets associated with the issuer Paxos hold over $125 million, possibly on behalf of PayPal. The top five wallets constitute 71% of the stablecoin balance, with 17 wallets holding $1 million or more, accounting for 97% of the total holdings.

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The largest holders include Paxos, Crypto.com, Curve (DeFi), Defiance Capital, and Frax (DeFi). Among these, Crypto.com holds a balance of $103 million and Bullish holds $23 million.

Additionally, in November, the SEC’s enforcement division issued a subpoena requesting documents related to the issuance of the PYUSD stablecoin.

Source: ledgerinsights.com

The post PayPal receives New York crypto trust charter appeared first on HIPTHER Alerts.

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Blockchain

Hong Kong SFC to conduct compliance checks on crypto firms

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The Hong Kong Securities and Futures Commission (SFC) has announced that it will conduct on-site compliance checks on local virtual asset trading platforms (VATPs) that are still completing their regulatory applications following the June 1 licensing deadline.

In a notice issued on May 28, the SFC emphasized that all local crypto trading platforms must be either licensed or “deemed-to-be-licensed” by the regulatory body before the June 1 deadline. Operating an unlicensed VATP in Hong Kong after this date will be considered a criminal offense, and the SFC will actively pursue non-compliant companies.

In the coming months, the SFC will perform on-site inspections of deemed-to-be-licensed VATP applicants to evaluate their compliance with regulatory requirements. These inspections will focus on how firms safeguard client assets and implement Know Your Customer (KYC) processes.

The SFC urged investors to trade cryptocurrencies only on SFC-licensed platforms to ensure their protection. It also cautioned companies seeking licenses against actively marketing their services or onboarding new retail clients until they are formally licensed. Additionally, firms must prevent mainland Chinese residents from accessing their services, adhering to China’s ban on cryptocurrency trading.

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Earlier this month, it was reported that the number of crypto exchanges seeking operational licenses in Hong Kong had been decreasing. Eleven crypto companies and exchanges, including well-known platforms like OKX and Huobi’s local arm, withdrew their applications ahead of the deadline. Currently, only 18 applications remain pending approval.

In response to the upcoming licensing requirements, some crypto firms have proactively taken steps to ensure compliance. For example, Gate.HK, a crypto exchange, halted all activities related to acquiring new users and marketing, prevented existing users from making deposits, and began delisting tokens on May 23. The exchange plans to relaunch its services after restructuring its platform to comply with Hong Kong’s regulatory requirements.

According to the SFC, only two companies, OSL Digital Securities Limited and Hash Blockchain Limited, have been granted licenses to operate in Hong Kong so far.

Source: tradingview.com

The post Hong Kong SFC to conduct compliance checks on crypto firms appeared first on HIPTHER Alerts.

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Blockchain

Argentina crypto group plans to set up a blockchain valley in Buenos Aires

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The crypto community in Argentina is planning to establish a “blockchain valley” in Buenos Aires as part of the Crecimiento movement, which has a following of 500 individuals.

This group includes prominent figures in the country’s crypto ecosystem, such as Diego Guitérrez, co-founder of Bitcoin Layer 2 Rootstock; Marcelo Cavazzoli, CEO and co-founder of Lemon Cash, a leading crypto purchasing app in Latin America; and Elian Alvarez, a general partner at Ripio Ventures.

Significantly, Crecimiento’s core team has the support of advisors to Argentina’s new libertarian president, Javier Milei.

Crecimiento aims to create a hub for crypto and technology-oriented business founders in the capital, offering a comprehensive three-dimensional plan. This includes bringing 5 to 10 million people on-chain by offering exclusive items, boosting the number of tech-related startups, and providing necessary support.

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The group’s mission is to work with Argentina’s newly crypto-friendly government to bolster the cryptocurrency sector through initiatives like tax rebates, industry investment, and simplified regulations.

During his campaign, President Milei highlighted the benefits of Bitcoin, associating it with a sense of freedom, though no formal statements have been made on the subject. Nonetheless, the group has been actively collaborating with officials to establish their crypto center in Buenos Aires.

Maria Milagros Santamaria, a Web3 lawyer, noted that regulators are showing a high level of positivity toward their proposals and are requesting specific plans regarding the crypto sector to move forward. She mentioned that there are only a few individuals opposed to the initiative, and fortunately, their numbers are minimal.

Source: cryptonewsz.com

The post Argentina crypto group plans to set up a blockchain valley in Buenos Aires appeared first on HIPTHER Alerts.

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