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LBank Weekly Listing Report, 25th July 2022

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Internet City, Dubai–(Newsfile Corp. – July 26, 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 25th July.

For a more complete list please follow our twitter @LBank_Exchange

Project: E2COIN
Listing date: 25th July
Key words: DeFi, Iniatial listing, BSC
Official Website: http://www.energy-empire.net/

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About:
ENERGY Empire is a new business model supported by blockchain technology, a new energy model. It’s going to be very windy. Blockchain is basically trusted because all transactions are P2P-reviewable. Play an intermediate role through a possible technology infrastructure. ENERGY PERMY is based on a smart contract. It is a new and new platform that can create and trade peer-to-peer (P2P) as a platform that connects generators and consumers directly to the electric pool.

Project: NPR
Listing date: 25th July
Key words: NFT, Real estate, Initial listing, ERC20
Official Website: http://nipperture.io/index_eng.html

About:
Nipperture tokenizes each real estate product and sells it in the form of an asset token. The sale of the property is entrusted to the buyers of the Nipperture property token, and the sale will proceed automatically if the promised return is achieved at the time of purchase. Rental income is paid every three months, and sales income is paid at the time of sale. Real estate token investors can resell real estate tokens through the Nipperture platform token market to have exchangeability.

Project: SDT
Listing date: 25th July
Key words: Others, Listed on flybit, ERC20
Official Website: https://stakedao.org/

About:
Stake DAO is a new multi-service DeFi platform built by the community which leverages the entire DeFi ecosystem to give users access to the most effective investment strategies, token swap & transfer and buy crypto assets with fiat money (EUR, GBP or USD).

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Project: FIDLE
Listing date: 25th July
Key words: Metaverse, Listed on MEXC, ERC20
Official Website: https://fidle.io/

About:
Fidle Coin is a decentralized digital currency that’s based on blockchain technology, a better and more efficient payment and reward alternative on the fidle social network. Fidle Coin is the official token of the fidle platform, a digital token that is totally tradeable on global exchanges and can also be exchanged for digital and physical goods and services on the fidle platform. Fidle Coin can be stored in a digital wallet, traded, swapped, exchanged and fully decentralized.

Project: CPS
Listing date: 25th July
Key words: Public Chain, Initial listing, BSC
Official Website: https://www.crypto-stone.io/

About:
Cryptostone is an anonymous and No-KYC blockchain ecosystem that utilizes blockchain technology as a financial tool in people’s lives. Cryptostone token ($CPS) is the native utility token of the Cryptostone project.

Project: QUINT
Listing date: 26th July
Key words: Others, Listed on mexc,bitmart, BSC
Official Website: https://quint.io

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About:
Quint’s motto is ‘Connecting the Metaverse to the Real World’, unlocking unique value and visible benefits for its investors. The token’s utility is huge and real-world use cases are unique. We want to appeal to the 96% of the world that doesn’t currently invest in crypto to increase global adoption of crypto, deFi and blockchain technologies. This is enabled through our revolutionary super-staking pools that offer real-world returns, rewards and perks as well as crypto compounding.

Project: TRCAIR
Listing date: 25th July
Key words: Public Chain, Initial listing, BSC
Official Website: https://www.tronair.me/

About:
The TRONAIR protocol aims to provide a token economy and leverage prepaid system based on the TRC chain. By issuing BTC tokens linked to users’ cryptographic asset values, anyone can easily supply liquidity, deposit cryptocurrency to increase interest income, and minimize asset loss due to consumption.

Project: OPT
Listing date: 26th July
Key words: MEME/NFT/DEFI, Initial listing, BSC
Official Website: https://www.optimustesla.io/

About:
Optimus is a Tesla meme and NFT-Fi project founded by early Tesla Stock holders.

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Project: PRX
Listing date: 28th July
Key words: DEFI, Listed MEXC/ Cointiger/ pancake/ Coinmarketcap, BSC
Official Website: https://www.parex.market/

About:
Parex was introduced to investors as the best example of a decentralized marketplace by Dexchain, which has a unique blockchain base. These markets allow for the listing of Blockchain, ERC20, TRC20, TRON, and MyDexChain-based coins, as well as the trading of market-specific stablecoins. Furthermore, these systems, which include clearing and exchange systems, have no transaction fees. The massive amount of electricity used in bitcoin mining has been cut in half.

Project: STP
Listing date: 28th July
Key words: S2E (show to earn), NFT, Initial listing, ERC20
Official Website: https://www.showtimeprotocol.xyz/

About:
STP (ShowTime Potocol) aims to provide value which integrates everyone, including performance agencies, users, and even the blockchain industry beyond the performance industry, into a common autonomous economy market.

It provides a platform for filming WEB3 performance and converting content into NFT (content production, content trading, physical product production) through STP (ShowTime Protocol) showpad.

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Project: ASY
Listing date: 28th July
Key words: Metaverse, Initial listing, Listed on STEX, latoken, BSC
Official Website: https://www.asyagro.io/

About:
Asyagro is an International platform aimed to developed platform for agricultural Industry to obtain spontaneous advantages of blockchain Technology into Agro Industrial sector. Where individuals and companies can directly interact with each other through Blockchain Technology and utilize Asyagro platform with various innovative solution of IOT, Web 3.0 and Asyagro own blockchain. After massive innovation of Virtual World being into place like NFT & Metaverse. Asyagro going to create history of its own Virtual Agro World in future for individuals and Companies. This is a Coin that will become a tool for the agro industrial market, and with the help of which user of the agro based blockchain platform will be able to conduct their transactions on the purchase and sale of goods in the agricultural Sector.

Project: BLET
Listing date: 29th July
Key words: GAMEFI, Listed bittrex, ERC20
Official Website: https://blockearth.io/

About:
Blockearth is a peer-to-peer game publishing platform that allows users to create and sell in-game assets in the form of entertainment.

Summary of Last Week’s Listings – July 18th to July 24th, 2022

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Name: MOTG
Weekly gain: 112%
Official Website: https://motg.network/
Trade here: https://www.lbank.info/exchange/motg/usdt/#usd

Name: TOKKI
Weekly gain: 190%
Official Website: http://www.cryptokki.com/
Trade here: https://www.lbank.info/exchange/tokki/usdt/#inno

Name: XGT
Weekly gain: 41%
Official Website: https://xion.finance
Trade here: https://www.lbank.info/exchange/xgt/usdt/#inno

Name: QAA
Weekly gain: 2%
Official Website: https://www.qommodity.io/
Trade here: https://www.lbank.info/exchange/qaa/usdt/#usd

Name: CSTN
Weekly gain: 310%
Official Website: https://www.csto2o.io/
Trade here: https://www.lbank.info/exchange/cstn/usdt/#usd

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Name: XTZ
Weekly gain: 35%
Official Website: https://tezos.com/
Trade here: https://www.lbank.info/exchange/xtz/usdt/#inno

Name: CIC
Official Website: https://cicchain.net
Trade here: https://www.lbank.info/exchange/cic/usdt/#inno

Name: ICP
Official Website: https://dfinity.org/
Trade here: https://www.lbank.info/exchange/icp/usdt/#inno

Name: BANDEX
Weekly gain: 1%
Official Website: https://bananataskforceape.com
Trade here: https://www.lbank.info/exchange/bandex/usdt/#inno

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To view the source version of this press release, please visit https://www.newsfilecorp.com/release/131798

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

Europe Tax Advisory Market Valuation Poised to Soar to USD 28.50 Billion By 2032 | Astute Analytica

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Blockchain

Brazil to Tighten Regulation on Foreign Crypto Exchanges

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Brazil’s Receita Federal Increases Scrutiny on Foreign Cryptocurrency Exchanges

Brazil’s tax authority, Receita Federal, plans to intensify its oversight of foreign cryptocurrency exchanges operating within the country. This move aims to enhance regulation and transparency amid the rising use of digital assets in Latin America’s largest economy.

New Reporting Requirements for International Platforms
Recent reports indicate that Receita Federal will soon issue an order requiring international cryptocurrency platforms, including Binance and Coinbase, to provide detailed operational data and information on their partnerships with local service providers.

Government’s Regulatory Focus
Andrea Chaves, Deputy Secretary of Inspection at the Federal Revenue Service, emphasized the importance of this measure. “It’s crucial for us to understand how they operate here and ensure there’s no illegality,” she stated. The government aims to ensure compliance with tax laws and confirm that services provided to Brazilian customers are fully legal.

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Wagner Lima, a risk management coordinator at Receita Federal, underscored the need to review collaborations between foreign exchanges and local service providers. This review ensures compliance with a 2019 regulation that mandates information sharing.

Rise in Crypto Asset Declarations
This decision comes in response to a significant increase in crypto asset declarations by Brazilians. From January to July 2023, Brazilians declared 133.6 billion reais ($24.6 billion) in crypto assets, marking a 36.6% increase from the previous year. Notably, 14.5 billion reais were declared through foreign exchanges, representing a 51.2% growth.

Upcoming Order Details
The forthcoming order will require exchanges to disclose their operational methods and customer service practices in Brazil. However, it will exclude customer-specific data and transactional information to comply with current Brazilian laws.

Future Regulatory Framework
Brazilian authorities are also working on developing a clear framework for digital currencies and their legal status, expected to be introduced by mid-2024. This framework aims to organize both local and foreign exchanges operating within Brazil, ensuring their compliance with local laws and regulatory requirements.

Source: cryptotimes.io

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The post Brazil to Tighten Regulation on Foreign Crypto Exchanges appeared first on HIPTHER Alerts.

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Financial Institution NAB Embraces Crypto Custody Solution

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National Australia Bank Invests in Crypto Custody Firm Zodia Custody

National Australia Bank (NAB), a prominent financial institution, has taken a significant step into the cryptocurrency custody arena. Instead of creating its own digital currency, NAB Ventures has opted to invest in Zodia Custody, a London-based firm specializing in the secure storage of digital assets for institutional clients.

Strategic Shift and Industry Alignment
This investment marks a strategic shift for NAB, aligning itself with global financial leaders like Standard Chartered, Northern Trust, and SBI Holdings, who have already acknowledged the importance of safeguarding digital assets for investors. By partnering with Zodia Custody, NAB showcases a forward-thinking approach, choosing collaboration over direct competition with established players like Coinbase.

Commitment to Innovation
The decision to invest in Zodia Custody reflects NAB’s commitment to providing cutting-edge solutions to its institutional clients while leveraging the potential of the crypto market. This move positions NAB as a key ally for institutional investors seeking secure and regulated infrastructure to navigate the complexities of digital asset storage and management.

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Additional Insights
One significant aspect not highlighted in the initial report is that NAB’s engagement with a crypto custody solution underscores the growing demand from institutional investors for secure and regulated infrastructure to enter the crypto space.

Key Questions
1. How will NAB’s partnership with Zodia Custody impact its overall financial services and competitive position in the market?
2. What regulatory challenges and compliance requirements does NAB face by entering the crypto custody space?
3. How does NAB plan to address security concerns related to the storage of digital assets for its institutional clients?
4. What are the potential risks and rewards for NAB as it ventures into the crypto custody sector?

Key Challenges
NAB may encounter several challenges, including regulatory compliance issues, cybersecurity risks, market volatility of crypto assets, competition from existing players in the space, and the need to build trust among institutional clients for their crypto custody services.

Advantages
1. Access to a Growing Market: Entry into the rapidly expanding crypto market and potential new revenue streams.
2. Strengthened Partnerships: Enhanced relationships with global leaders in the crypto custody sector.
3. Diversification: Broadening service offerings to meet the evolving needs of institutional clients.

Disadvantages
1. Regulatory Scrutiny: Increased regulatory oversight and compliance costs.
2. Market Volatility: Exposure to the highly volatile nature of crypto assets.
3. Reputation Risk: Potential damage to reputation if security breaches or operational issues occur in the custody of digital assets.

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Source: smartphonemagazine.nl

The post Financial Institution NAB Embraces Crypto Custody Solution appeared first on HIPTHER Alerts.

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