Blockchain
BitIRA Doubles its List of Cryptocurrency IRA Assets Available to Investors
BitIRA, a pioneer of cold storage and end-to-end insurance for bitcoin IRA accounts, announced it has doubled its lineup of cryptocurrencies for its digital IRA customers. The following digital currencies are now available:
- BAT: Basic Attention Token, powering a blockchain-based digital advertising program
- GRT: The Graph, an indexing protocol for querying network data
- LPT: Livepeer, the decentralized video streaming network protocol
- MKR: Maker, the governance token of the MakerDAO and Maker Protocol that manages the DAI stablecoin
- YFI: yearn.finance, the native cryptocurrency of the titular DeFi aggregator service.
- MANA: Decentraland, the currency of the Decentraland virtual world
- COMP: Compound, a DeFi lending protocol
- DAI: Dai, an Ethereum-based stablecoin
- UNI: Uniswap, a popular decentralized trading protocol and automated market maker (AMM)
These days, investors are looking for new ways to diversify. These 9 additional cryptocurrencies offer exposure and countless opportunities to diversify your savings among some of the fastest-growing, most popular investments available.
Innovating services, expanding offerings
Wasn’t BitIRA’s original cryptocurrency options sufficient for their customers?
“We’re always looking to innovate both our services and our offerings for our customers,” said Jeremy Warner, Head of Sales at BitIRA. “We’re thrilled to double the total number of digital currencies in our crypto IRA line-up, just a few months after we waived ongoing fees and rolled out our self-service My BitIRA platform.”
But why these particular digital coins? At the time of this announcement, the cryptocurrency price tracking website CoinMarketCap lists over 19,000 different digital currencies, stablecoins and defi tokens. Why does BitIRA only add only nine out of this myriad?
“That’s a fantastic question,” Warner said, “and it’s one we answer a lot. It boils down to two factors: regulation and rigor.”
Regulation, in this case, refers to both U.S.-based exchanges and governmental policies. Warner explained that BitIRA’s partner exchange operates within the oversight of the Security and Exchange Commission (SEC) and the Financial Industry Regulatory Authority (FINRA). “We only work with exchanges, and with cryptocurrencies, that meet the rigorous standards laid out by the SEC and FINRA.”
Rigor refers to the requirements of the insurers who underwrite BitIRA’s end-to-end insurance. “We work with a panel of London insurance companies all rated S&P A or better, all who’ve had experience underwriting digital assets,” Warner said. “In many ways, they’re even more particular than the SEC and FINRA when assessing cryptocurrencies.”
Ultimately, BitIRA strives to offer retirement savers the growth potential of cryptocurrencies in a manner that allows diversification among cryptocurrencies, as well as across traditional retirement asset classes. “After all, this is people’s retirement savings we’re talking about,” Warner said. “That’s not where you want to be speculating. Let me put it another way: sure, there are thousands of cryptocurrencies. The selection BitIRA offers? That’s what I personally would want in my retirement plan.”
Blockchain
Revolutionizing Fintech: 6G Digital & Rune Nilsson’s FlexM Global in a Bold $12.5M Deal Shaking the Banking Industry
Blockchain
Teletubbies Digital Companions to Launch on the Tezos Blockchain
MetaPals, an AI digital companion platform, is partnering with WildBrain’s beloved Teletubbies to bring together cherished childhood memories and the innovative digital era with the launch of the Teletubbies AI digital companions on 20 April, 2024.
As Teletubbies commemorates its 27th anniversary on 31 March, the collaboration marks the beginning of an exciting array of renowned IPs joining the ‘MetaPals Multiverse’ in 2024. Through the use of AI and blockchain technology powered by Tezos, much loved Tinky Winky, Dipsy, Laa-Laa, Po, and even Noo-Noo have become personalized, evolving digital companions within the MetaPals browser extension game engine.
The Teletubbies characters integrate with users’ daily browsing experience that accompanies users across the web, offering both playful interactions and practical assistance. This technology not only brings these fun characters to life in new, interactive ways, but also helps to enhance the mental well-being of users by fostering a sense of companionship.
Each Teletubbies companion within the MetaPals Multiverse will exhibit unique personality traits, offering users a diverse and dynamic experience. With personalities distributed across 5000+ Teletubby companions along a spectrum, users are guaranteed a one-of-a-kind experience, ensuring enjoyment for all and opportunities to foster new connections with this nostalgic brand.
Max Giammario, CEO of MetaPals, said: “Through this collaboration we’re not just revisiting Teletubbyland, we’re reinventing it for the digital age. By weaving in AI and blockchain, we enable the Teletubbies characters to evolve, interact, and form unique bonds with users, embodying our vision of dynamic digital companionship. With a bit of ‘MetaPals magic’, the Teletubbies are exploring beyond the hills and far away, ready to play, in ways we’ve never imagined.”
Melissa Goodrich, Director, Franchise Strategy at WildBrain, said: “We’re excited to see our colorful quartet come to life in new ways through this unique digital experience for fans. As we celebrate 27 years of the perennially popular Teletubbies franchise, this latest collaboration encapsulates the essence of childhood nostalgia while embracing the limitless possibilities of the digital age.”
Jason Lim, TZ Apac Games Adoption Team for the Tezos Ecosystem, said: “MetaPals will be pioneering the convergence of iconic IPs such as Teletubbies with the limitless possibilities of the Tezos blockchain. I can’t wait to see the magic they are brewing up next.”
The post Teletubbies Digital Companions to Launch on the Tezos Blockchain appeared first on HIPTHER Alerts.
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