Blockchain
NC Global Media Partners With Octaloop to Support Largest Blockchain Meet-Up in India
Chennai, India–(Newsfile Corp. – September 3, 2022) – Proudly announcing NC Global Media as an official media partner of Octaloop’s India Blockchain Tour (IBT) and Metamorphosis 2022, the rise of groundbreaking technologies, Blockchain, and web3, is inevitable. Octaloop’s India Blockchain Tour strives to accelerate the hype in the tech community.
Blockchain enthusiasts, developers, traders, angel investors, and industry professionals will gather up at Gears & Garages in Nungabakkam on September 11 for the India Blockchain Tour Chennai Meet-up from 17.00 hrs to 20.00 hrs IST. To note, NC Global Media drives most global blockchain tech companies to India, as the firm’s branch office is located in Nungabakkam, Chennai.
So far, Octaloop have wrapped up four chapters of IBT: Delhi, Bangalore, Pune, and Mumbai.
NC Global Media Partners With Octaloop for Blockchain Meetup
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India Blockchain Tour is the nation’s largest blockchain meet-up series covering 8 megacities of India. This series of meet-ups is aimed to boost the blockchain and web3 hype in the nation by gathering an exuberant community of blockchain enthusiasts in one spot between March 12 to November 1, 2022. These events are powered by Binamite, a crypto payment gateway provider.
Bitcasino, a licensed Bitcoin Casino, and Poloniex, a global crypto exchange, are lined up as the prime sponsors of the India Blockchain Tour and Metamorphosis 2022. Every attendee of the event receives a chance to take part in a unique contest sponsored by Bitcasino.
Poloniex Exchange hosts curious quizzes for the blockchain and web3 enthusiasts in the crowd. Fifteen teams will contend with each other in the Metamorphosis 2022, the one-of-a-kind hybrid hackathon by Octaloop. November 1 is locked up for this biggest day commencing in Bangalore. Octaloop’s India Blockchain Tour will soon head to other megacities till the finale, Metamorphosis 2022. Through these meet-ups, the community can look forward to networking with influential thought leaders from diverse avenues. The Indian blockchain and web3 community are gearing up for several crypto and blockchain meetups to revolutionize the global financial realm with these fascinating technologies, Blockchain and Web3.
Registration for the India Blockchain Tour Chennai Meet-up is closing soon. Register now.
About Octaloop
Octaloop is a content marketing company for blockchain companies. It believes that no amount of SEO can make up for bad content. People don’t connect with algorithms, they connect with emotions. Good content doesn’t work because of its keywords, it works despite them. Marketing involves many tasks. Marketers play many roles from promoting and influencing to professional smooth-talking, they have a creative crew.
Website | Twitter | Telegram | LinkedIn | Facebook | YouTube
About NC Global Media
NC Global Media is a Dubai-based media and marketing company founded in 2020. The company has established a unique niche in the blockchain industry by collaborating with leading 100+ blockchain clients and firms worldwide. The firm’s mission is to organize the largest blockchain education drive for 1 million+ students in India through the program, NC BlockFiesta.
LinkedIn | Twitter | Facebook | Instagram | Telegram | Youtube
Contact Details:
Name: Lokeshk Kumar
Place: Chennai, India
Email: [email protected]
To view the source version of this press release, please visit https://www.newsfilecorp.com/release/135926
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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