CryptoSafe Ltd., a prospering name in the blockchain technology sector, proudly announces the launch of its groundbreaking project, Safe Pay. This new venture aims to revolutionize the way businesses integrate and manage cryptocurrency payments, setting a new standard for secure, efficient, and versatile financial transactions in the digital age.

About CryptoSafe Ltd.

CryptoSafe Ltd. has established itself at the forefront of blockchain technology, dedicated to enhancing capital efficiency within the cryptocurrency market. Founded by Borhes Antonio Feitoza, a former Goldman Sachs manager with extensive experience in high-risk trading, CryptoSafe is committed to creating a financial ecosystem that maximizes profitability for each trade. The company’s success is underpinned by a team of 14 specialists, including mathematicians, programmers, and data analysts, who develop high-frequency trading algorithms leveraging artificial intelligence. Over the past three months, CryptoSafe has achieved an impressive average monthly return of 32.81% on capital turnover.

Introducing Safe Pay

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Safe Pay represents a significant leap forward in cryptocurrency payment infrastructure. Designed to be secure, simple, and future-ready, Safe Pay allows businesses to effortlessly integrate cryptocurrency payments into their platforms, thereby boosting their online presence and expanding their customer base.

Safe Pay goes beyond basic payment processing by offering an integrated crypto-to-crypto exchange, consistently low transaction fees, and extensive support for various tokens across five major blockchains: Bitcoin (BTC), Ethereum (ETH), Binance Smart Chain (BSC), Polygon (MATIC), and Tron. These networks collectively process over 9 billion transactions daily, providing businesses with unparalleled capabilities and reliability.Key

Features of Safe Pay

Seamless Integration and Rapid Deployment: Safe Pay features a state-of-the-art API that allows businesses to integrate cryptocurrency payments within approximately 48 hours. This rapid deployment enables businesses to quickly adapt to the evolving digital economy.
Comprehensive Support and Low Fees: With support for multiple blockchains and tokens, Safe Pay ensures businesses can handle a diverse range of transactions with minimal cost. Its low transaction fees further enhance the profitability of crypto operations.
Advanced Security and Compliance: Safe Pay offers robust security measures and compliance options, ensuring that all transactions are secure and adhere to regulatory standards.

User-Friendly Dashboard: The intuitive web UI dashboard serves as a central hub for managing all crypto operations. This includes flexible payment methods tailored to business needs, automatic withdrawals to external wallets, and detailed transaction tracking.
Staking Opportunities: Businesses can earn additional interest by staking their assets in various protocols supported by Safe Pay, further enhancing their revenue streams.

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Enhanced Capabilities for Specific Sectors:

Centralized Exchanges and Wallets: Safe Pay’s API allows access to more chains and tokens, reduces price impact on swaps, and speeds up transactions, making it ideal for centralized exchanges and wallet providers.
eSports and iGaming: Safe Pay provides seamless crypto solutions for eSports and iGaming platforms, enabling crypto deposits, bulk withdrawals in fiat and crypto, and efficient user wallet management.
Neobanks and Fiat-to-Crypto Exchanges: Safe Pay’s advanced features allow the creation of full-featured mobile wallets and customized crypto processing infrastructures, catering to the unique needs of neobanks and fiat-to-crypto exchanges.

Unlocking Opportunities with Safe Pay

Safe Pay’s versatile architecture makes it suitable for a wide range of businesses:

Regular Online Businesses and E-commerce: Safe Pay provides seamless crypto payment solutions, making it an ideal choice for traditional online businesses looking to expand their payment options.
Crypto Projects: Safe Pay offers advanced tools and infrastructure for crypto projects, streamlining development and operational processes with support for multiple blockchains, deposits and withdrawals APIs, and payment processing SAAS.
Gambling and iGaming: Safe Pay is perfect for gambling platforms, casinos, and iGaming services, enhancing the user experience with fast and secure transactions and expanded payment options.

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Getting Started with Safe Pay

To start using Safe Pay, businesses need to create a merchant account and obtain an API key. This key enables various functionalities, including displaying wallet addresses for payments, receiving notifications for new transactions, and setting up comprehensive crypto infrastructures. The process begins with registration, followed by creating a merchant account and completing a Know-Your-Business (KYB) procedure. Upon passing the KYB, businesses can immediately begin API integration and utilize Safe Pay’s services.

Safe Pay’s public API is free to use, with charges applicable only for completed transactions. Fixed rates are detailed in the documentation, and special conditions are available for enterprise clients with large daily volumes. For tailored solutions, businesses can contact Safe Pay to discuss custom offers that meet their specific needs.

The post CryptoSafe Unveils Safe Pay: A Game-Changer in Cryptocurrency Payment Solutions appeared first on HIPTHER Alerts.

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The Algorand Foundation, a nonprofit on a mission to power a world where information has integrity and innovative ideas can scale, hosted its annual Decipher event, a gathering of hundreds of investors, developers, and partners from around the world to celebrate the vibrant ecosystem. From global finance and supply chain to real estate and humanitarian aid, Algorand blockchain technology is powering the next-generation of real-world applications. Showcasing the refreshed brand, the new website at Algorand.co is the central hub for our protocol and ecosystem.

“The energy at Decipher was contagious! We’re amazed by the creativity and technical prowess of our community and all of the innovative products they’ve built on Algorand,” said Staci Warden, CEO of the Algorand Foundation. “They’re bringing the blockchain to life, and we encourage them to channel that enthusiasm into building and scaling their dreams. And we promise to keep investing in the resources they need to succeed.”

Algorand is an energy-efficient, quantum-secure, single-layer blockchain with instant finality, consistently high throughput, and low fees. All of these characteristics mean it is purpose-built for real-world scale; and developers, entrepreneurs, and enterprise partners all benefit from its institutional-grade certainty and resilience.

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Ecosystem momentum

The Algorand blockchain hit two billion successful transactions since inception in June 2019. In Q1 2024 alone, it ranked among the top 3 most popular blockchains by transaction volume.

Other notable statistics:

• On January 1, 2024 Algorand reached an ATH of 43 million transactions in a single day, and the network performed flawlessly. [1]
• On May 17, 2024 it achieved a record of 5,716 transactions per second (TPS) , ranking among the top 3 blockchains by max recorded TPS. [2]
• In Q1, the Algorand blockchain processed 403 million transactions, a 288% increase from Q4 2023.
• In the first quarter, Algorand gained 1 million new accounts, bringing the total to 35 million, with an average of 800k monthly active users. [1]
• Algorand concluded the first quarter of 2024 with a DeFi TVL of 1 billion ALGOs and has been maintaining this level throughout subsequent months. [3]

To improve access to real-time data and insights about the Algorand blockchain, the Foundation is partnering with data analytics provider Nansen, and expects the first dashboards to go live this summer.

Data Source References

[1] https://metrics.allo.info/
[2] https://chainspect.app/dashboard
[3] https://defillama.com/chain/Algorand?currency=ALGO

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Following key initiatives were announced at the event:

• Global fintech and web3 companies including Algorand Foundation, UNDP, Worldpay, Circle, HesabPay, Mercy Corps Ventures and others, unite to increase blockchain-based cash assistance for humanitarian crises.
• Archax makes abrdn money market fund accessible and transferable on Algorand blockchain using Quantoz EURD electronic money token.
• 123carbon secured a 135.000t CO2e contract, one of the largest issuance of Transport related insets in the world, all registered on the Algorand blockchain.
• LabTrace completed the first study using its blockchain-based data authentication system, designed to ensure data integrity in clinical trials.
• Finboot switched to Algorand to power its supply chain traceability solution due to Algorand’s scalability and energy efficiency.
• Kare Survivor Wallet will deliver rapid financial assistance to disaster survivors across the United States as part of the American Response and Resiliency Program, launched with the National VOAD and DSC, SVDP-USA.
• Circle’s USDCa stablecoin on Algorand is now available through Coinbase.

Ecosystem companies are thriving, from AI and identity to DeFi and NFTs:

• Pera and Immersve announced a partnership to bring non-custodial debit card options to Algorand users.
• Folks Finance announced the upcoming launch xChain, an application that will operate cross-chain and xALGO Liquid staking products, which allow users to participate in Algorand consensus and accrue rewards seamlessly and securely.
• Algorand is also now home to Dised, a blockchain-based AI marketplace that makes exchanging AI services, products and data more transparent.
• CompX announced a further push into RWA by integrating with Lofty to bring the benefits of auto-compounding and yield optimization to more users on-chain.
• Tinyman, the top DEX on Algorand by TVL, volume, and active users, announced that its TINY token and governance platform will launch in July.
• Messina launched Token Wars and cross-chain community building, growing the exposure and presence of Algorand DeFi. This initiative is backed by Pact, Meld Gold, and CompX.
• Vestige Labs is launching rug.ninja, a decentralized token creator and virtual DEX for fair meme coin creation and trading.
• Meld Gold announced a trust-minimized audit system, a world-first that verifiably connects physical items to the blockchain, the final frontier in bringing physical RWAs trustlessly on-chain.
• Gora and Goanna have partnered to create a pioneering nftFi project on Algorand, a collection with innovative utility for Gora and Algorand users. Website and project are live, with the launch event coming in July.
• EXA Market is launching a Rewards Program on Coinlist in August, leading up to their Token launch in Q4.
• Cosmic Champs will launch on Mainnet and Google Play in August. Building for more than 2 years, their goal is to onboard thousands of Web2 users to Algorand.
• Recently listed on Steam, Fracctal will also be listed on Epic Game Store to onboard thousands of new users to Algorand Gaming.
• Aegir Tactics is going into closed beta on July 23 with a website update, a gameplay video, and Founders Vaults (NFT card packs). Currently on the Epic Game Store, Aegir Tactics can be wishlisted.
• Dead Chain Diaries joins Algorand’s NFT collection, as the first-ever inscription sets, featuring creators from across the #Algofam.
• Rxelms is a new NFT-based, cross-chain virtual world launched this year on Algorand, using the best-in-class Unity gaming engine.
• NUVO launched on Algorand and specializes in Decentralized Verifiable Credentials to better protect data privacy.

Public goods

The Foundation’s public goods initiative focuses on DeFi and tools that help builders of any size build their dreams in the most efficient way possible.

DeFi

Algorand’s instant finality, high TPS capacity and speed are critical for the high-frequency trading that DeFi requires. With fast-growing TVL and strong backing from the Foundation, Algorand leads the way as a robust and scalable DeFi platform.

The Foundation uses Algorand’s DeFi ecosystem to manage its own treasury. It has deployed 42 million ALGOs across various protocols to support things like AlgoRai, decentralized option vaults, and Tinyman and Pact’s liquid governance DEX trading. Following positive results and feedback, the Foundation will double down and boost liquidity to grow the DeFi ecosystem.

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New Developer Tools:

• LiquidAuth, an open-source package to demonstrate how to establish P2P Authenticated communication between wallets and applications using only open standards and non-permissive protocols.
• did:algo, W3C compliant DID Method leveraging Algorand’s box storage, a more robust digital identity offering for applications in Algorand.
• Lora visual debugger, a local developer explorer powered by the new subscriber library for tracking on-chain events and analyzing on-chain resources. It completes the trio of components in AlgoKit needed for easier development: an sdk/for building, a python testing framework, and a visual interface to debug and understand what happens both in your smart contracts and on-chain.

The post Algorand celebrates 5th anniversary with 2 billion transactions and record adoption of real-world use cases at annual Decipher conference appeared first on HIPTHER Alerts.

If Bitcoin (BTC) fails to maintain its position above $57,000, it could trigger three significant outcomes. Rather than soaring to new highs, Bitcoin has recently been on a downward trajectory, necessitating preparedness for potential scenarios. Firstly, breaching the crucial $57,000 support level would invalidate the 200 Exponential Moving Average (EMA) as a reliable support, potentially pushing Bitcoin into bearish territory and exacerbating the ongoing sell-off.

Secondly, a drop to around $56,000 might attract a surge of buyers hoping to capitalize on what they perceive as a discounted price. However, failure to sustain this level could lead to increased liquidations and mounting selling pressure, complicating efforts to stabilize Bitcoin’s price and accelerating its decline.

Thirdly, inadequate liquidity could prompt some institutional sellers to pause their operations, creating a sideways market where Bitcoin fluctuates between $55,000 and $60,000 as buyers and sellers await more favorable conditions. Continued institutional selling, however, might drive Bitcoin’s price down further, possibly towards the $50,000 mark.

In related developments, Michael Saylor forecasts a significant price boom for Bitcoin over the next decade. Binance CEO offers key insights for navigating the crypto market, while Julian Assange receives a substantial Bitcoin donation. Ripple’s CEO criticizes SEC Chairman Gary Gensler, and ‘Rich Dad Poor Dad’ author advises holding onto Bitcoin amidst volatile market conditions.

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On the regulatory front, VanEck’s filing for a spot Ethereum ETF with the SEC suggests a potential approval, following a similar pattern to Bitcoin ETF approvals. This move hints at imminent approval for Ethereum ETFs by early July, reflecting growing optimism in the cryptocurrency market.

Meanwhile, Ripple’s Emi Yoshikawa highlights the rising momentum of XRP Ledger (XRPL) in South Korea, with Infinite Block expanding its XRPL-based custody services. This strategic move aims to ensure compliance with domestic regulations and support the ecosystem’s growth through consultancy services.

Source: u.today

The post If Bitcoin Plunges Below $57,000, Here Are 3 Possible Outcomes, Ethereum ETF Approval May Be Imminent as VanEck Steps in: Crypto News Digest by U.Today appeared first on HIPTHER Alerts.

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