Blockchain
LBank Weekly Listing Report, 9th January 2023
Internet City, Dubai–(Newsfile Corp. – January 11, 2023) – 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 9th January.
For a more complete list please follow our Twitter @LBank_Exchange
Project: LXRN
Listing date: 9th January
Key words: Utility, Initial Listing, ERC20
Official Website: https://luxurion.io/
About:
LUXURION aims to become a leading platform by providing independent solutions. Luxurion provides a genuine authentication system using NFT. When selling luxury goods, NFT for the product is provided to enable genuine authentication and authenticity guarantee. Eliminates the risk of loss and counterfeiting of existing offline authenticity certificates or guarantee cards. You can use your existing LXRN as a key currency through the wallet provided on the Luxurion platform. LXRN can be used as a payment method, such as transactions within the platform and purchases from offline luxury goods retailers that have officially signed a contract with Luxurion.
Project: SHIK
Listing date: 9th January
Key words: Others, Listed on Uniswap, ERC20
Official Website: https://shikoku.io/
About:
SHIKOKU is a decentralized memecoin experiment. The goals of SHIKOKU are multi-faceted: To create the Shikoku Inu Decentralized Ecosystem (SIDE) of applications and tools. To educate investors about self-custody in an engaging way. To be a driving force for good, via the Shikokuments. The SHIKOKU token is the sole and native token that will be utilized across the SIDE. SHIKOKU begun as a decetralized memecoin experiment, but will gradually transition to the centerpiece of a large ecosystem that uplifts its’ community and provides a safe space for those learning more about DeFi.
Project: D2T
Listing date: 11th January
Key words: Others, Initial Listing, ERC20
Official Website: https://dash2trade.com
About:
Dash 2 Trade is designed to take your crypto trading to the next level. From providing you with technical indicators and signals as well as powerful on-chain data and trading strategies, Dash 2 Trade helps you stay on top of the market. You’ll get access to the latest presale market information with our own custom ratings system, as well as the latest social data and on-chain metrics. Finally, we’ll be building a bespoke backtesting tool and social trading system that enables you to automate and test your own strategies to maximize your results.
Project: JEN
Listing date: 11th January
Key words: Others, Initial Listing, BSC
Official Website: https://www.jencoin.net
About:
DJEN COIN is The First Crypto which will be use for 1. JEN Online Shopping Store 2. JEN VPN Technology 3. JEN Lottery 4. FASTBIT 5. JEN Games
Summary of Last Week’s Listings – 03rd January 2023 to 08th January 2023
Name: LR
Weekly gain: 3%
Official Website: http://longruncoin.com/
Trade here: https://www.lbank.info/exchange/lr/usdt
Name: FAMEG
Weekly gain: 61%
Official Website: http://www.1fame.xyz/
Trade here: https://www.lbank.info/exchange/fameg/usdt
Name: REGENT
Weekly gain: 23%
Official Website: https://www.regentcoin.finance/
Trade here: https://www.lbank.info/exchange/regent/usdt
Name: ITLR
Weekly gain: 20%
Official Website: https://www.iteller.io/
Trade here: https://www.lbank.info/exchange/itlr/usdt
Name: MEF
Weekly gain: 292%
Official Website: http://www.me-flex.co.kr/
Trade here: https://www.lbank.info/exchange/mef/usdt
Name: HAN
Weekly gain: 20%
Official Website: https://paykhan.io/
Trade here: https://www.lbank.info/exchange/han/usdt
Name: BONK
Official Website: https://www.bonkcoin.com/
Trade here: https://www.lbank.info/exchange/bonk/usdt
To view the source version of this press release, please visit https://www.newsfilecorp.com/release/150986
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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