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CoinAll launches discount token selling campaign for DeepCloud (DEEP) token

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CoinAll, the world’s leading digital asset exchange, has announced the official launch of DeepCloud (DEEP) token discount selling from 14:00 Nov 11, 2019 (HKT). In this program, it is available for the users who have completed KYC2 verification to enjoy 20% discount privilege to purchase DEEP token on the CoinAll platform, i.e. according to the reference price 0.002 USDT, the sale price will be 0.0016 USDT.

Moreover, DEEP deposit will be open from 11:00 AM Nov 11th (HKT), trading will be available from 17:00 Nov 11th (HKT), and withdraw starts from 17:00 Nov 12th (HKT). All the qualified users can have 20 minutes subscription session for DEEP sale, and there is no cap for the subscription, but the final subscription amount will follow this formula: (Personal subscription amount / total subscription amount) * total sale amount.

According to their whitepaper, the project DeepCloud AI is trying to build an AI-driven decentralized cloud computing platform for running the decentralized applications. They have provided a spot market for computing and storage resources for companies and individuals to share their excess capacity on our decentralized cloud, and with our AI Matching engine pair these resources for application developers. On top of that, DeepSuite, a suite of decentralized tools for both personal and enterprise usage, including DeepDrive, DeepSign, DeepDomains, DeepHost, and DeepVPN, are also under development, and more details should be disclosed soon as mentioned on their website.

To meet the market demands better, DeepCloud AI applies different technologies to form their own competitive advantages. As what they said, the matching algorithm is based on several parameters including information from network user requests, location of usage, and network contributors’ states in master nodes so that it can allocate resources for computation requests in the most optimal way. Also, DeepCloud AI platform will connect the decentralized resources to provide optimal performance. For enterprise customers, DeepCloud AI is building a secure layer around Intel’s SGX technology and will deploy real-time monitoring of the platform to prevent fraud.

Regarding to the discount token sale, Katherine, General Manager of CoinAll, has commented,

CoinAll aims to build a fair, open, and transparent project showcase platform to provide blockchain entrepreneurs with one-stop services, from project initiation to seed user acquisition. Investors can find high-potential asset projects at an earlier stage and with reasonable valuation.

For more details about the promotion campaign, please refer to https://coinall.zendesk.com/hc/en-us/articles/360035615832-DeepCloud-DEEP-Token-Sale-Discount-on-Singles-Day-Nov-11-.

CoinAll, a strategic partner of the world-class exchange OKEx, is a leading digital asset exchange in the industry. Sharing the advanced security system, 24-hour global customer support, as well as a 20-million user base of OKEx, CoinAll is dedicated to offering the most premium digital asset trading experience to all users.

SOURCE CoinAll

Blockchain

Ebang International Reports Financial Results for Fiscal Year 2023

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Blockchain

FBI warning against crypto money transmitters ‘appears’ to be aimed at mixers

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A recent warning from the FBI regarding a crypto money transmitter seems to be aimed at the Samourai Wallet. This development highlights the increasing scrutiny and regulatory challenges faced by privacy-focused cryptocurrency wallets and services.

The FBI warning raises concerns about the use of certain cryptocurrency wallets that prioritize user privacy and anonymity, potentially enabling illicit activities such as money laundering and terrorist financing. While the warning does not explicitly name any specific wallet or service, the language used suggests that the Samourai Wallet may be the target of the advisory.

Samourai Wallet is known for its focus on privacy and security features, including coin mixing and stealth addresses, which aim to enhance user privacy and protect against surveillance and tracking. However, these features have drawn the attention of law enforcement agencies and regulators, who are increasingly concerned about their potential misuse by criminals.

The FBI warning underscores the challenges faced by privacy-focused cryptocurrency wallets in navigating regulatory compliance and law enforcement scrutiny. While these wallets aim to empower users with greater control over their financial privacy, they must also address regulatory requirements and law enforcement concerns to avoid legal and reputational risks.

As the cryptocurrency industry continues to evolve, privacy-focused wallets like Samourai Wallet will need to strike a balance between privacy and compliance, ensuring that they can provide robust privacy features while also addressing regulatory concerns and maintaining transparency with authorities. This delicate balance is essential to foster trust and confidence among users and regulators alike, ultimately enabling the continued growth and adoption of privacy-enhancing technologies in the cryptocurrency space.

Source: cointelegraph.com

The post FBI warning against crypto money transmitters ‘appears’ to be aimed at mixers appeared first on HIPTHER Alerts.

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Blockchain

Pantera Capital Plans to Raise $1 Billion for New Fund Offering Exposure to Crypto Assets

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Pantera Capital is reportedly planning to raise $1 billion for a new fund that offers exposure to various crypto assets, as reported by Blockchain.News. This ambitious fundraising initiative underscores Pantera’s continued confidence in the potential of the cryptocurrency market and its commitment to providing investors with diversified investment opportunities in the digital asset space.

The new fund from Pantera Capital aims to capitalize on the growing demand for exposure to cryptocurrencies and blockchain-based assets among institutional and retail investors. By offering a comprehensive portfolio of crypto assets, the fund seeks to provide investors with access to a wide range of investment opportunities, spanning cryptocurrencies, tokens, and other digital assets.

Pantera’s decision to raise $1 billion for the new fund reflects its optimistic outlook on the long-term growth prospects of the cryptocurrency market. With increasing mainstream adoption and institutional interest in cryptocurrencies, Pantera sees significant potential for value creation and capital appreciation in the digital asset space.

As one of the leading blockchain-focused investment firms, Pantera Capital is well-positioned to attract capital from investors seeking exposure to the cryptocurrency market. The firm’s track record of successful investments and its experienced team of investment professionals are likely to bolster investor confidence and support for the new fund.

Pantera Capital’s plans to raise $1 billion for its new fund underscore its commitment to driving innovation and growth in the cryptocurrency market. As the fund attracts capital and deploys it into promising investment opportunities, it is poised to play a key role in shaping the future of the digital asset ecosystem.

Source: blockchain.news

The post Pantera Capital Plans to Raise $1 Billion for New Fund Offering Exposure to Crypto Assets appeared first on HIPTHER Alerts.

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