Blockchain
LBank Weekly Listing Report, 29th August 2022
Internet City, Dubai–(Newsfile Corp. – August 31, 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 29th August.
For a more complete list please follow our twitter @LBank_Exchange
Project: NUTSPAY
Listing date: 29th August
Key words: Listed on pancake, BSC
Official Website: https://nuts-pay.com/
About:
NutsPay, the new financial system revolutionizing and supporting the cashew nut market in Cambodia, provides financial services to the about 80% of the population who are unbanked and cannot save or invest. NutsPay will be the solution for this issue.
Project: ISLAMI
Listing date: 29th August
Key words: Public, Listed on digifinex, cointiger, Polygon
Official Website: https://islamicoin.finance
About:
ISLAMICOIN is the largest Islamic technology project that utilizes blockchain technology, in addition to media, commercial, financial, entertainment and charitable projects. The project aims to build an Islamic blockchain that helps achieve financial independence for individuals, companies and charitable organizations in the global Islamic community in addition to building a Decentralized Autonomous Organization (DAO) that operates according to Islamic Sharia in its content and transactions. ISLAMICOIN is a halal cryptocurrency and is the key for growing this project worldwide. ISLAMICOIN was initially launched on Polygon network, with plans to be transferred later to the ISLAMIBLOCKCHAIN network upon completion of its development that is utilizing the latest secure and reliable blockchain technologies.
Project: NUGEN
Listing date: 31st August
Key words: Utility, Initial listing, BSC
Official Website: https://nuts-pay.com/
About:
NUGEN is an all-in-one platform that yearns to capitalize on the market advantages of DeFi, crypto, NFT, and Metaverse through helping people adopt cryptocurrency to run their daily routine. The platform provides complete financial freedom by bestowing a plethora of services, including NUGEN Coin, Cryptocurrency Exchange, NFT Marketplace, Metaverse, ATMs, Banks, etc. Truly a one-stop shop for web3 admirers.
Project: GYMNET
Listing date: 1st September
Key words: Defi, Initial listing, BSC
Official Website: https://gymnetwork.io/
About:
GYMNET is the rewards token of GYM Network, a DeFi Aggregator Investment System, that will provide easy access and save holders time.
Project: LYNK
Listing date: 2nd September
Key words: NFT, Infrastructure, DeFi, Exchange, Wallet, Marketplace, Listed on uniswap, ERC20
Official Website: https://lynkey.com/
About:
LynKey is a blockchain-enabled ecosystem that provides timeshare and NFT solutions for luxurious holiday experiences for the global audience via smart contracts. The tourists, business travellers, travel agencies, tourism operators, hospitality chains, and property clients from all over the world are increasingly accepting this revolutionary scheme. The premium vacation property – resorts, hotels, marinas, and many more are sliced to smaller fractions as digital assets.
Summary of Last Week’s Listings -August 22nd to August 28th, 2022
Name: KENT
Weekly gain: 11320%
Official Website: https://kinetic-network.com/
Trade here: https://www.lbank.info/exchange/kent/usdt/#inno
Name: BION
Weekly gain: 9340%
Official Website: http://bion.company/
Trade here: https://www.lbank.info/exchange/bion/usdt/#inno
Name: IBAT
Weekly gain: 90%
Official Website: https://battleinfinity.io
Trade here: https://www.lbank.info/exchange/ibat/usdt/#inno
Name: 3ULL
Weekly gain: 4%
Official Website: https://playa3ull.games/
Trade here: https://www.lbank.info/exchange/3ull/usdt/#usd
Name: CODE
Official Website: https://www.developerdao.com/zh-CN
Trade here: https://www.lbank.info/exchange/code/usdt/#usd
Name: DC
Weekly gain: 8750%
Official Website: https://dogechain.dog/
Trade here: https://www.lbank.info/exchange/dc/usdt/#inno
Name: LUNAT
Weekly gain: 6%
Official Website: https://lunaticstoken.com/
Trade here: https://www.lbank.info/exchange/lunat/usdt/#inno
To view the source version of this press release, please visit https://www.newsfilecorp.com/release/135331
Blockchain
Alpha Transform Holdings Releases March Report on ASC AI Index
Blockchain
Elizabeth Warren Urges Treasury Secretary Yellen to Implement Strong AML/CFT Measures for Stablecoins
In a recent communication directed to Treasury Secretary Janet Yellen, US Senator Elizabeth Warren has strongly advocated for the incorporation of robust Anti-Money Laundering and Combating the Financing of Terrorism (AML/CFT) measures specifically tailored for stablecoins. Senator Warren’s correspondence underscores the critical importance of adopting the full array of AML tools outlined by the Treasury Department in a prior November 2023 communication to Congress.
Senator Warren has underscored the burgeoning threat posed by cryptocurrencies, particularly stablecoins, to national security. She has specifically drawn attention to instances where entities like Iran and Hamas have turned to cryptocurrencies as a means to raise funds and support terrorist activities. To effectively address this evolving threat landscape, Senator Warren asserts that any forthcoming crypto legislation must encompass comprehensive AML/CFT authorities as requested by the Treasury Department.
Moreover, Senator Warren has made reference to the testimony provided by Deputy Secretary Adewale O. ‘Wally’ Adeyemo before the Senate Committee on Banking, Housing, and Urban Affairs. In this testimony, Adeyemo emphasized the critical need for additional AML authorities to combat the growing menace posed by cryptocurrencies. Senator Warren has pointed out that the exclusion of crucial actors within the digital asset ecosystem, such as miners and validators, from AML/CFT requirements could potentially enable nefarious actors to exploit the increased crypto trading facilitated by stablecoin legislation.
Senator Warren’s steadfast stance on the regulation and oversight of cryptocurrencies is aligned with her prior efforts aimed at curbing illicit activities and safeguarding consumers, the financial system, and national security interests. She has persistently advocated for the closure of loopholes in AML regulations that allow sanctioned entities like Iran to derive revenue through crypto transactions. Furthermore, Senator Warren has consistently voiced concerns regarding the exploitation of cryptocurrencies in terrorist financing schemes and has called for the implementation of stronger regulatory frameworks to protect both consumers and national security interests within the realm of stablecoin-related legislation.
Source: blockchain.news
The post Elizabeth Warren Urges Treasury Secretary Yellen to Implement Strong AML/CFT Measures for Stablecoins appeared first on HIPTHER Alerts.
Blockchain
Binance Launches Megadrop: A Token Launch Platform with Airdrops and Web3 Quests
Binance has rolled out Binance Megadrop, a novel token launch platform that blends airdrops with Web3 quests. This platform enables users to engage in BNB Locked Products subscriptions and complete tasks within their Web3 Wallet to earn early rewards from chosen Web3 projects, even before their tokens hit the Binance Exchange.
The inaugural project featured on Binance Megadrop is BounceBit (BB), a BTC restaking chain. Here are the token specifics for BounceBit: Max Token Supply: 2,100,000,000 BB, Megadrop Token Rewards: 168,000,000 BB (8% of max token supply), Initial Circulating Supply: 409,500,000 BB (19.5% of max token supply).
To kickstart their journey with Binance Megadrop, users must log into their Binance account and ensure they possess an active Binance Web3 Wallet. From there, they can subscribe to BNB Locked Products and/or fulfill Web3 Quests to accumulate scores. These scores dictate the rewards received through the Megadrop program.
The scoring mechanism for Megadrop relies on the Locked BNB Score, determined by the quantity of BNB subscribed and the subscription period’s duration. Users also earn a Web3 Quest Bonus and a Web3 Quest Multiplier upon completion of designated Web3 Quests. The total score is computed by applying the Web3 Quest Multiplier to the Locked BNB Score and adding the Web3 Quest Bonus.
Importantly, only wallets created within the Binance Web3 Wallet and not external wallets will count towards Megadrop participation. Megadrop rewards will be airdropped to users’ Binance Spot Wallets.
Users must undergo identity verification and maintain at least one active Binance Web3 Wallet to qualify for Megadrop rewards. Additionally, certain jurisdiction-based eligibility criteria apply. Users from Australia, Canada, Cuba, Crimea Region, Hong Kong, Iran, Japan, New Zealand, Netherlands, North Korea, Russia, Singapore, Syria, United Kingdom, United States of America, and its territories are presently ineligible to participate in BB Megadrop.
Binance Megadrop is aimed at offering users an interactive and rewarding experience within the crypto realm. Further details regarding the Megadrop amount, Web3 Quests, and the comprehensive listing plan will be disclosed separately.
Source: blockchain.news
The post Binance Launches Megadrop: A Token Launch Platform with Airdrops and Web3 Quests appeared first on HIPTHER Alerts.
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