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FWC Tokens Can Now Be Exchanged for BNB and Bought on Different CEX & DEX platforms

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Dubai, United Arab Emirates–(Newsfile Corp. – November 30, 2022) – Football World Community (FWC) fans can now buy the token through a number of different centralized and decentralized exchanges including but not limited to BitForex, PancakeSwap, Hotbit, BitMart, and more. The team also recently announced that users have the option of exchanging FWC for BNB or in any of the compatible CEX/DEX platforms. FWC is also the native token of the QATAR 2022 TOKEN project.

The team wants to leverage the sheer popularity of the global sport and the ongoing FIFA World Cup in Qatar to bring both football fans and crypto aficionados together. This is a project that hence aims to bring together these two worlds so that users can enter the world of ‘crypto football’.

What’s there to know about FWC?

The total supply of FWC tokens is 200 quadrillion (200,000,000,000,000,000) and there are no fees or taxes and it is entirely owned and operated by the community. Essentially, it is a self-staking token whose ownership was renounced and given to the community at the time of its creation. This decentralization of power has allowed FWC to thrive as a fully community-driven project with highly engaged holders and daily growth.

The FWC project, which was released on the Binance Smart Chain (BSC) network on February 10th, 2022, has been iteratively built and improved upon through volunteers within the community since its inception. Individuals from a wide range of backgrounds and expertise came together to contribute to FWC’s growth, including but not limited to graphic designers, writers, web developers, influencers, marketers, data analysts, translators, and many others who wish to turn FWC into an inspiring model of community-driven success.

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What has FWC accomplished thus far and what are its future goals?

Ever since its launch, the project has since evolved into a unique social experiment in which the investors are assimilated into the project on both a community and developmental level. As such, FWC looks to do its part to contribute to this progressive, exciting age of the ‘Social Blockchain’, with considerable progress made by its community in a relatively short period of time.

Furthermore, in order to achieve a better collective customer experience, the team is currently integrating different blockchain and NFT technologies. The platform is also built on the BSC as aforementioned, which helps maintain digital assets’ authenticity, traceability, and immutability. To aid transactions, it also has a dynamic user interface as well as a fully customizable API. Moreover, as FWC Token is a BEP-20 token used to purchase club tickets, book hotels, use various related services, place bets, and participate in lotteries, its usage is primarily determined by users’ personal preferences.

The team also plans to rename this token ‘X 2026 TOKEN’ (COUNTRY 2026 TOKEN V2) and connect it to new football technology by the end of December, 2022. This new token will be used in football technology such as robots, AVR, and others. After December, the new version of the token will be available with access to cutting-edge technology for the next four years. Detailed information about the platform’s future goals can also be found via the official roadmap.

About FWC

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With an innate desire to bring the exciting worlds of football and crypto together, the FWC team realized the vast potential that lay in a platform specifically designed to cater to these two specific industries. The team also consists of qualified individuals with experience across a range of different fields including branding, development, management, and more.

FWC may hence best be understood as a digital currency platform which enables users to create virtual currencies while striving to ensure their security and safety at all times. It has already gained various influential partners such as LBank, Gino Assereto, Sofia Zamolo, CoinTiger, BitMart Research, among others.

For additional information and regular updates, visit the official website along with the Instagram, GitHub, Telegram, and Twitter channels.

Contact: Leo King
Email: [email protected]

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/146198

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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.

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Ethereum ETFs Aren’t Blockchain But Is A Revolutionary Tech: Top 6 Amazing Reasons To Invest In Them

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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.

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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:

  1. Indirect Exposure: Investors gain exposure to Ether’s price changes without needing to manage or store the cryptocurrency themselves.
  2. Regulatory Compliance: Unlike the relatively unregulated cryptocurrency market, ETFs operate under the oversight of financial regulators, offering a layer of investor protection.
  3. Accessibility: Ethereum ETFs are available through traditional brokerage platforms, making them accessible to a broader range of investors.

Why Invest in an Ethereum ETF?

  1. Diversification: Including an Ethereum ETF in a portfolio can provide exposure to the cryptocurrency market, potentially enhancing diversification beyond traditional assets.
  2. Convenience and Familiarity: ETFs are a familiar investment product, simplifying the process of investing in cryptocurrencies.
  3. 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.
  4. Regulatory Oversight: ETFs are subject to regulatory scrutiny, potentially offering more safety and transparency compared to direct cryptocurrency investments.
  5. 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.

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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.

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Nexo Reaffirms Commitment to Data Protection with SOC 3 and SOC 2 Compliance

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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

  1. 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.
  2. Additional Trust Service Criteria:
    • Nexo expanded the scope of these audits to include Confidentiality, showcasing a deep commitment to protecting user data.
  3. 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.
  4. 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

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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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