Blockchain
LUMEN CRYPTO (LUM) Is Now Available for Trading on LBank Exchange
Road Town, British Virgin Islands–(Newsfile Corp. – April 7, 2023) – LBank Exchange, a global digital asset trading platform, has listed LUMEN CRYPTO (LUM) on April 6, 2023. For all users of LBank Exchange, the LUM/USDT trading pair is now officially available for trading.
LUM Listing Banner
To view an enhanced version of this graphic, please visit:
https://images.newsfilecorp.com/files/8831/161382_52f3bd9c749dd919_001full.jpg
Connecting blockchain ecosystem centered on North America, Zodiac Lumen is here to build a decentralized future and experience through various services and products including local goods, the Lumen card, investment, immigration services, and more. Its native token, LUMEN CRYPTO (LUM), has been listed on LBank Exchange at 6:00 UTC on April 6, 2023, to further expand its global reach and help it achieve its vision.
Introducing Zodiac Lumen
Zodiac Lumen Holdings is a company dedicated to providing a reliable supply of Lumens for lottery purchases. Its Lumen Protocol is an ecosystem created by harmonizing lottery NFTs and LUMEN tokens. The Lumen Protocol is built on a foundation that is the subject of lottery purchasing agents, a decentralized platform.
Zodiac Lumen’s collaboration with a global payment processing corporation in Singapore allows users to use Lumen cards world-wide. Users may also use their Lumen card to purchase products offered by popular online retailers in the Americas, making their online shopping experience even more seamless and convenient.
Its platform also offers block deal real estate investment opportunities in Canada through the issuance of STO securities and NFTs.
As a North American-based company, Zodiac Lumen’s goal is to maximize the usability of its cryptocurrency and make it accessible to users in the region and beyond. By focusing on North America, it aims to make the use of Lumens as effortless and user-friendly as possible.
About LUM Token
Lumen Crypto (LUM) is the main token of the Zodiac Lumen project, which is used for easy access to Zodiac Lumen’s services, and considered as a utility token with many applications inside and outside of Lumen Protocol.
Based on Polygon network, LUM has a total supply of 1.5 billion (i.e., 1,500,000,000) tokens, of which 15% is provided for investment, 5% is allocated to partners, 1% is provided for public sale, 3% is provided for lottery incentives, 10% is allocated to the team, 20% is allocated for the ecosystem, 20% is provided for staking rewards, 10% goes into the liquidity pool, 10% goes into the community reward pool, 5% is provided for governance, and the remaining 1% is allocated to advisors.
LUM token has been listed on LBank Exchange at 6:00 UTC on April 6, 2023, investors who are interested in Zodiac Lumen can easily buy and sell it on LBank Exchange right now.
Learn More about LUM Token:
Official Website: https://zodiaclumen.com
Telegram: https://t.me/LUMEN_Chat_GL
Discord: https://discord.gg/hSVEM3gk6Q
Twitter: https://twitter.com/LumenCrypto11
About LBank
LBank is one of the top crypto exchanges, established in 2015. It offers specialized financial derivatives, expert asset management services, and safe crypto trading to its users. The platform holds over 9 million users from more than 210 regions across the world. LBank is a cutting-edge growing platform that ensures the integrity of users’ funds and aims to contribute to the global adoption of cryptocurrencies.
Start Trading Now: lbank.com
Community & Social Media:
l Telegram
l Twitter
l Facebook
l LinkedIn
l Instagram
l YouTube
Contact Details:
LBK Blockchain Co. Limited
LBank Exchange
[email protected]
[email protected]
To view the source version of this press release, please visit https://www.newsfilecorp.com/release/161382
Blockchain
BOX-GameFi Innovation in Entertainment: Integration of Blockchain Technology and Monopoly
Blockchain
DTCC partners with Chainlink and JPMorgan to pilot blockchain integration for fund data
As headlines spotlight spot Bitcoin (BTC) exchange-traded fund (ETF) flows and institutions revealing their exposure to BTC ETFs, financial service infrastructure providers are quietly integrating blockchain technology into their systems.
According to a recent report from the Depository Trust & Clearing Corporation (DTCC), the firm conducted a pilot program named Smart NAV in collaboration with Chainlink (LINK). This initiative aimed to extend the capabilities of DTCC’s Mutual Fund Profile Service I (MFPS I), the industry standard for transmitting ‘Price and Rate’ data, also known as ‘NAV data.’
DTCC’s Mutual Fund Services business currently operates MFPS I, offering fund companies an automated solution to deliver prices and daily distribution rates to numerous clients for tens of thousands of mutual fund securities. Traditionally, DTCC collects price and rate data from funds/service providers and distributors, then aggregates and disseminates it at regular intervals through its message queue (MQ) and file-based methods.
The Smart NAV Pilot served as a digital extension of the existing MFPS I service, aiming to broaden and complement its current capabilities. DTCC recognized the growing interest in mutual fund tokenization and saw an opportunity for on-chain price and rate data to facilitate new initiatives. Taking a ‘chain-agnostic’ approach, meaning the ability to disseminate NAV data across virtually any blockchain, was crucial for enabling other use cases to build upon Smart NAV’s foundations.
Ten market participants, including major names like American Century Investments, BNY Mellon, and JP Morgan, collaborated with DTCC and Chainlink on the pilot. They evaluated the feasibility and industry value of implementing a distributed ledger technology (DLT)-based price and rate dissemination solution to unlock new benefits and support experimentation in the asset management space.
The pilot results demonstrated that delivering structured data on-chain and establishing standard roles and processes enabled foundational data to be integrated into various on-chain use cases, such as tokenized funds and bulk consumer smart contracts. This capability can fuel future industry exploration and empower numerous downstream use cases, including brokerage portfolio applications.
The simplest application of Smart NAV is to provide trusted, verifiable data on virtually any blockchain network to support its use in business workflows. During the pilot, DTCC acted as both the provider and governor of the on-chain data solution, while Chainlink’s CCIP served as the interoperability layer. The core capability explored is adaptable across a wide range of use cases, potentially enhancing operational efficiency and streamlining processes.
Based on the positive findings, DTCC sees an opportunity to expand the scope of the pilot to explore broader use cases beyond price and rate data dissemination and across more blockchains.
Source: kitco.com
The post DTCC partners with Chainlink and JPMorgan to pilot blockchain integration for fund data appeared first on HIPTHER Alerts.
Blockchain
Is Donald Trump’s Recent Crypto-Friendly Stance Genuine Or Opportunistic? Experts Weigh In
Presidential candidate Donald Trump recently made a surprising endorsement of crypto, suggesting that he would ease hostility towards cryptocurrencies in the US if re-elected.
Trump stated, “If we’re going to embrace it, we have to let them be,” and urged crypto supporters to vote for him. This marks a significant shift from his previous criticisms of Bitcoin and other cryptocurrencies in 2019, where he labeled them as “not money” due to their volatility and lack of intrinsic value, expressing concerns about their potential use in illegal activities like drug trafficking.
Crypto’s Impact on Voter Preferences
With approximately 20% of American adults reportedly holding crypto, candidates are taking notice. Markus Levin of XYO Network sees embracing crypto and implementing solid regulation as a strategic move in elections and sound policy overall. He believes Trump’s apparent positive stance towards the industry will sway some voters in his favor.
Jonathan Thomas of Blueberry suggests that Trump’s crypto-friendly rhetoric may attract voters who prioritize crypto as a single-issue matter.
Skepticism Surrounding Trump’s Crypto Support
However, not everyone is convinced by Trump’s newfound endorsement of crypto. NFT enthusiast Thorne Melcher views it as “flimsy” and warns against the potential for conservative politics to restrict crypto due to its use in areas such as trans hormone replacement therapy and abortions.
While some may see Trump’s support for crypto as a reason to vote for him, others like Stephanie Vaughan of Veda caution against assuming substantial benefits from this endorsement alone. Vaughan highlights the Biden Administration’s hardline stance on crypto regulation by enforcement, which she believes is unworkable and could push voters towards Trump.
Trump’s Strategy to Attract Crypto Voters
Trump’s pivot from crypto skeptic to NFT enthusiast reflects a strategic move to appeal to voters interested in crypto. Vaughan suggests that many crypto-focused voters may have supported Biden in the last election, but Trump is actively courting them by recognizing the industry’s significance.
By acknowledging crypto’s growing influence on voters, Trump aims to draw support away from Biden, positioning himself as the candidate more aligned with the interests of the crypto community.
Source: cryptonews.com
The post Is Donald Trump’s Recent Crypto-Friendly Stance Genuine Or Opportunistic? Experts Weigh In appeared first on HIPTHER Alerts.
-
Blockchain Press Releases3 days ago
Swaps Launches Innovative Payment Links for Crypto and Fiat Transactions
-
Blockchain Press Releases3 days ago
Bybit’s Ethereum Euphoria: Predict Market Movements for the ETH ETF and Win
-
Blockchain5 days ago
RevoluGROUP Canada Inc. Announces Leave of Absence for Chairman Bernard Lonis
-
Blockchain Press Releases3 days ago
OKX, Circle, and Bitrue Among Sponsors of Consensus 2024
-
Blockchain Press Releases3 days ago
Bybit Launches Exclusive P2P Trading Offers for SEA Users
-
Blockchain2 days ago
OKX Announces Support for New USDC Spot Trading Pairs
-
Blockchain Press Releases3 days ago
Bitget Wallet Unveils Bitget Onchain Layer, Rolls Out $10M BWB Ecosystem Fund
-
Blockchain3 days ago
Atleta Network launches blockchain solution designed for sports sector