Blockchain
TypeIt (TYPE) Set to Launch on Bitget Launchpad
TypeIt (TYPE) is coming soon to Bitget Launchpad. Token allocations are based on committed BGB.
Victoria, Seychelles–(Newsfile Corp. – July 3, 2023) – TypeIt (TYPE) is a revolutionary new keyboard that allows users to earn tokens simply by using it to conduct their day-to-day typing activities. This innovative keyboard has converted keyboard themes into non-fungible tokens, or NFTs, which users can own and use to earn tokens as they type.
TypeIt (TYPE) Set to Launch on Bitget Launchpad
TypeIt Launchpad details
- Token name: TypeIt (TYPE)
- Total supply: 1,000,000,000 TYPE
- Launchpad volume: 20,000,000 TYPE (2% of total supply)
- Exchange rate: 1 TYPE = 0.05 USDT (BGB swap price will be announced after the holding calculation period ends)
How to participate:
- Log in to the Bitget account.
- Hold BGB in an asset account so that the average BGB holding volume can be calculated based on the snapshots taken from June 30, 00:00 AM – July 5, 00:00 AM (UTC+8).
- Calculate BGB investment cap.
Participants’ BGB investment cap is based on user average BGB holdings during the calculation period. Users’ BGB holdings in all accounts (including user spot account, margin account, futures account, P2P account, and Earn account) are taken into consideration, including the amounts that are frozen or locked up.
- The BGB swap price will be announced when the commitment period starts, which will be the average BGB price during the calculation period (calculated every four hours).
- Use BGB.
Participants’ BGB investment cap is based on user average BGB holdings during the calculation period. Users can choose to put a smaller amount. The BGB that a user uses will be locked up while awaiting allocation.
- Investment calculation.
After the commitment period ends, the system will calculate the amount of Launchpad tokens to be allocated to each user.
- BGB deduction.
After the allocation to each user is determined, Bitget will deduct the BGB from the user account accordingly. The Launchpad tokens and any remaining BGB will be automatically sent to user spot account. (Launchpad tokens for this promotion will be unlocked in batches.)
- Notes:
(1) The snapshots of BGB holdings will be taken after the holding calculation period begins. Make sure to prepare holdings as early as possible. Users average BGB holdings = Sum of BGB holdings at each time of snapshot ÷ Total number of snapshots. The total number of snapshots during the holding calculation period is fixed. If user have not prepared their BGB holdings before the start time of the holdings calculation period, user may miss out on some snapshots.
(2) Market maker and broker accounts are not eligible for the promotion.
(3) Only main accounts are eligible for the promotion. Any sub-accounts participating in this promotion will be disqualified and will not receive any rewards.
TypeIt (TYPE) Launchpad schedule
Participation information:
- How does Bitget calculate user’s average BGB holdings?
- Bitget Launchpad BGB Commitment Calculation
- Launchpad page: https://www.bitget.com/launchpad/new-details/5650
Source: https://www.bitget.com/en/support/articles/12560603793242
PR Contact
ZEX PR WIRE™
https://zexprwire.com/
[email protected]
To view the source version of this press release, please visit https://www.newsfilecorp.com/release/172143
Blockchain
BHE Exchange: Redefining the Future of Digital Asset Trading
Blockchain
Proposed US Blockchain Integrity Act would ban crypto mixers for 2 years
A new bill introduced in the U.S. House of Representatives, known as the Blockchain Integrity Act, seeks to address concerns surrounding the use of cryptocurrency mixers and tumblers. The proposed legislation aims to regulate these privacy-enhancing tools, which are often used to obscure the origins of cryptocurrency transactions.
The bill, if passed into law, would impose strict regulations on the operation of cryptocurrency mixers and tumblers within the United States. These tools, which allow users to mix their funds with those of other users to obfuscate the transaction trail, have raised concerns among law enforcement agencies and regulators due to their potential use in money laundering, terrorist financing, and other illicit activities.
Under the Blockchain Integrity Act, operators of cryptocurrency mixers and tumblers would be required to register with the Financial Crimes Enforcement Network (FinCEN) and comply with anti-money laundering (AML) and know-your-customer (KYC) regulations. Failure to register or comply with these requirements could result in significant penalties, including fines and imprisonment.
The proposed legislation also seeks to empower law enforcement agencies to investigate and prosecute individuals and entities that operate unregistered cryptocurrency mixers and tumblers. By enhancing regulatory oversight and enforcement capabilities, the bill aims to safeguard the integrity of the blockchain ecosystem and prevent the illicit use of cryptocurrencies.
However, critics argue that the Blockchain Integrity Act could stifle innovation in the cryptocurrency space and infringe on individuals’ privacy rights. They contend that while cryptocurrency mixers and tumblers can be used for illicit purposes, they also serve legitimate privacy-enhancing functions, such as protecting users’ financial privacy and security.
The introduction of the Blockchain Integrity Act reflects growing concerns among policymakers about the potential risks associated with cryptocurrencies and their use in illicit activities. As lawmakers continue to grapple with these issues, it remains to be seen how the regulatory landscape for cryptocurrencies will evolve in the United States and around the world.
Source: cointelegraph.com
The post Proposed US Blockchain Integrity Act would ban crypto mixers for 2 years appeared first on HIPTHER Alerts.
Blockchain
Government-owned KfW elaborates on blockchain digital bond plans
The government-owned KfW Bank, based in Germany, is delving further into its plans to issue digital bonds leveraging blockchain technology. This move underscores the institution’s commitment to exploring innovative financial solutions in the digital age.
The proposed digital bond issuance is poised to mark a significant milestone for KfW, as it seeks to embrace the transformative potential of blockchain technology. By tokenizing bonds on a blockchain platform, KfW aims to streamline the issuance process, enhance transparency, and optimize operational efficiency.
One of the key advantages of digital bonds lies in their potential to reduce the reliance on intermediaries and streamline the entire bond lifecycle. Through blockchain-based tokenization, KfW aims to automate various aspects of bond management, including interest payments and maturity settlements, thereby reducing the need for manual intervention and minimizing operational costs.
Moreover, digital bonds have the potential to enhance liquidity in the secondary market, allowing investors to trade bonds seamlessly on digital asset exchanges. This increased liquidity could attract a broader range of investors, thereby diversifying KfW’s investor base and potentially lowering borrowing costs.
In addition to the issuance of digital bonds, KfW is also exploring the integration of blockchain technology into other areas of its operations. By leveraging blockchain for various use cases, such as trade finance and supply chain management, KfW aims to unlock new efficiencies and drive greater transparency across its ecosystem.
Overall, KfW’s foray into blockchain-based digital bonds underscores its commitment to innovation and its recognition of the transformative potential of blockchain technology. As the institution continues to explore and implement blockchain solutions, it is poised to stay at the forefront of digital innovation in the financial sector.
Source: ledgerinsights.com
The post Government-owned KfW elaborates on blockchain digital bond plans appeared first on HIPTHER Alerts.
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