Blockchain
XBO.com launches its normie-proof crypto exchange, securing licenses in Australia and Poland
XBO.com, the cryptocurrency exchange making the benefits of crypto more accessible to everyone, launches its platform that merges gaming-inspired UI and top security solutions to offer traders a user-friendly and reliable alternative to existing exchange platforms. Following XBO.com’s pre-launch, where early registrants could earn special rewards and account privileges, the exchange platform is ready for use by any and all crypto users.
A cryptocurrency post appears on social media every two seconds. Institutions are buying up digital assets even during the bear market, yet retail investors—the ones crypto is meant to financially literate—are still novice. Overall, only 4.2 percent of the world population actually own these digital assets. That’s in large part because crypto exchange platforms lack simple, easy-to-use design and tools, which hinders new adopters who don’t have the resources to learn tech and financial literacy.
XBO.com meets the need for a user-friendly and accessible crypto trading platform. Leveraging an intimate familiarity of crypto users’ pain points and a deep understanding of social gaming UX, XBO.com makes buying and selling digital assets simple and enjoyable for both amateur and experienced crypto users who find traditional crypto trading platforms intimidating.
XBO.com offers a loyalty program that guarantees benefits to users with each accumulation of points and transition between the stages. In the Diamond tier, for example, users obtain 10 times the value of crypto reward, compared with the Gold tier. The Diamond tier requires 650,000 XBO points (XP). XBO.com’s contest offering Bored Ape Yacht Club (BAYC) NFT owners the opportunity to lease their asset’s IP is still ongoing, and the winner’s NFT will be branded as the official mascot of XBO.com.
As part of XBO.com’s platform launch, pre-registered users are immediately upgraded to the Gold status account, which grants them commissions on crypto deposits, exchange cashback, spot trading, crypto rewards, and more. Early registrants also have the chance to achieve the Black Diamond tier, the most luxurious status on the platform. In addition, for the launch XBO.com presents one of the most appealing referral programs on the market today: For each friend user invites they will receive up to 80% of the friend’s trading fees for the first three months, up to 60% for the next three months, and up to 40% past the first six months.
“XBO’s platform has arrived to empower every type of crypto user, no matter how new or old they are to the crypto world.” says CMO of XBO.com, Shimon Baron. “With the launch of our easy-to-use exchange platform, we are standing strongly behind our vision that crypto is for everyone. Crypto platforms can be both easy to use and highly rewarding, and we are here to prove that.”
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Blockchain
Blocks & Headlines: Today in Blockchain (BlackRock, Plume, SEALSQ, Hedera, Deutsche Bank, KuCoin)
Blockchain technology continues to drive innovation across industries, reshaping finance, infrastructure, and philanthropy. Today’s news roundup explores exciting developments in blockchain ETFs, tokenization funding, quantum-resistant chips, public blockchain initiatives, and impactful social projects. Here’s a deep dive into the latest blockchain headlines:
BlackRock ETF Embraces Blockchain with First Muni Bond Purchase
BlackRock’s blockchain-focused ETF has made its first foray into municipal bonds, signaling increased confidence in integrating blockchain technology with traditional finance. The ETF’s strategic investment demonstrates how blockchain can enhance transparency and efficiency in bond markets.
By tokenizing municipal bonds, BlackRock aims to simplify trading and settlement processes while reducing associated costs. This development underscores the growing role of blockchain in transforming financial instruments and fostering greater market accessibility.
Source: Yahoo Finance
Plume Secures Funding for Tokenization Platform
Blockchain fintech company Plume has raised significant funding to advance its tokenization platform. The company’s innovative approach enables businesses to convert real-world assets into digital tokens, streamlining asset management and unlocking liquidity.
Tokenization is rapidly gaining traction as a game-changer in sectors such as real estate, art, and commodities. Plume’s success reflects a broader trend of investment in blockchain solutions that bridge the gap between traditional assets and decentralized technologies.
Source: Fortune
SEALSQ and Hedera Partner for Quantum-Resistant Blockchain Chips
SEALSQ and Hedera have announced a groundbreaking collaboration to develop quantum-resistant chips designed to secure blockchain infrastructure. These advanced chips will provide robust protection against future quantum computing threats, ensuring the integrity of blockchain networks.
As quantum computing capabilities evolve, safeguarding blockchain ecosystems becomes increasingly critical. This partnership highlights the importance of proactive measures in maintaining the resilience and trustworthiness of decentralized systems.
Source: The Quantum Insider
Deutsche Bank’s Public, Permissioned Blockchain Initiative
Deutsche Bank’s Layer 2 blockchain solution is set to go public and operate as a permissioned network, according to its tech partner. This initiative aims to strike a balance between accessibility and security, leveraging blockchain to streamline financial services and enhance operational efficiency.
The decision to adopt a public, permissioned model reflects a growing trend among enterprises seeking to harness the benefits of decentralization while maintaining control over sensitive data. Deutsche Bank’s approach could serve as a blueprint for other financial institutions exploring blockchain adoption.
Source: CoinDesk
KuCoin’s “Light Up Africa” Initiative Brings Hope to Thousands
Cryptocurrency exchange KuCoin has made a significant impact through its “Light Up Africa” donation ceremony in Ghana, benefiting 36,000 children across the continent. The initiative combines blockchain technology with philanthropy to address energy poverty and support education.
By leveraging blockchain for transparency in charitable contributions, KuCoin sets an example of how the crypto industry can drive meaningful social change. The project demonstrates the potential of blockchain to empower communities and foster sustainable development.
Source: PR Newswire
Industry Implications and Key Takeaways
Today’s developments highlight the transformative potential of blockchain across multiple domains:
- Integration with Traditional Finance: BlackRock’s ETF underscores the synergy between blockchain and established financial systems.
- Tokenization Trends: Plume’s funding success reflects the growing demand for digital asset solutions.
- Quantum-Resistant Technologies: SEALSQ and Hedera’s partnership addresses emerging cybersecurity challenges.
- Enterprise Blockchain Adoption: Deutsche Bank’s public, permissioned network showcases the adaptability of blockchain in financial services.
- Social Impact: KuCoin’s philanthropic efforts illustrate blockchain’s capacity to drive positive societal outcomes.
The post Blocks & Headlines: Today in Blockchain (BlackRock, Plume, SEALSQ, Hedera, Deutsche Bank, KuCoin) appeared first on News, Events, Advertising Options.
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