ReportWire

Tag: Cryptocurrency

  • Bankers NFT Drop Rated a Must-Have for Metaverse Collectors by Crypto.co

    Bankers NFT Drop Rated a Must-Have for Metaverse Collectors by Crypto.co

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    The collection gives holder free access to lending and borrowing protocol and 50% more profit back on yields

    Press Release
    –

    Jan 25, 2022


    NEW YORK, January 25, 2022 (Newswire.com)
    –
    Unbanked, a global fintech provider that connects traditional enterprise and banking systems with blockchain, today announced that the company’s upcoming Bankers NFT drop has been named a “must-have for metaverse collectors” by leading blockchain analyst website, Crypto.co. 

    Unbanked’s Bankers NFT was created by renowned NFT artist, Antoine Mingo, creator of the highly-popular Pudgy Penguins project, and is expected to drop on January 31, 2022. But this project goes far beyond where well-known NFTs like Bored Apes and Crypto Punks have dared to go; the Bankers NFT gives holders free access to Unbanked’s upcoming lending and borrowing protocol, as well as 20% more profit than the general public when using the company’s Unbanked Yield product. 

    The article states, “The Bankers NFT will be a must-have for metaverse collectors. By combining a well-known artist, with digital scarcity, utility, and community, this drop is poised to be a must-watch for many in the NFT community.”

    Unbanked Co-CEO, Ian Kane, said, “We are so proud to receive this recognition from Crypto.co. The entire Unbanked team has worked so hard to deliver this product and raise awareness over the last few months.” 

    Kane continued, “We aren’t just trying to build something that looks good, but something that has practical functionality in the real world for our customers who are interested in crypto, DeFi, and great financial control.”

    The Bankers NFT drop will go live on January 31, 2022, at 12 p.m. ET. The release will be conducted like a dutch auction where the price starts at $800 and will continue to drop $50 every 30 minutes until all Bankers are sold out or a floor price of $200 in ETH is reached. Once the public sale is live, any Bankers left over after 72 hours will be burned – reducing the total supply.

    How to Buy a Banker:

    1. Purchase ETH (Ethereum) on a fiat-to-crypto exchange like Coinbase or Binance.
    2. Download and install Meta Mask in your web browser
    3. Send your ETH from Coinbase to your MetaMask wallet address
    4. Visit the “Minting” URL on the Bankers webpage on drop day (Jan 31)
    5. Connect your Metamask wallet, select the number of Bankers you want, and click “mint” 

    If you have questions, you can visit the Bankers NFT Discord channel.  You can learn more about Unbanked Bankers NFT drop on their website here. 

    About Unbanked

    Unbanked is a global fintech solution built on blockchain. Predicated on the ethos that financial access and control is a fundamental human right, Unbanked connects traditional enterprise, fintech, and banking systems with blockchain infrastructure, expanding the utility of cryptocurrency for investing and everyday purchases. The company has a suite of highly bespoke financial products which enable both the banked, unbanked, and underbanked to create a financial experience as unique as the life they live.  

    You can learn more about Unbanked at unbanked.com or by following them on Facebook (facebook.com/unbankedhq), Twitter (@unbankedhq), Linkedin (linkedin.com/company/unbankedhq), and Instagram (@unbankedhq).

    Contact

    marketing@unbanked.com

    Source: Unbanked.com

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  • Crypto.com Admits $35 Million Hack

    Crypto.com Admits $35 Million Hack

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    Crypto.com, one of the biggest and best known cryptocurrency exchanges in the world now backed by superstar actor Matt Damon, has admitted that 483 of its users were hit in a hack earlier this month, leading to unauthorized withdrawals of bitcoin and Ether worth $35 million. The company had initially said $15 million was taken in the heist.

    “On 17 January 2022, Crypto.com learned that a small number of users had unauthorized crypto withdrawals on their accounts,” Cyrpto.com wrote in a post on Thursday. “Crypto.com promptly suspended withdrawals for all tokens to initiate an investigation and worked around the clock to address the issue. No customers experienced a loss of funds. In the majority of cases we prevented the unauthorized withdrawal, and in all other cases customers were fully reimbursed.”

    The company said that on Monday it saw that for a handful of accounts, transactions were being approved without the second-factor of authentication (the additional one-time code beyond the password allowing access to an account) being entered by a user. As it investigated, all withdrawals across Crypto.com were put on hold, lasting 14 hours. It then required all customers to login again and go through a new two-factor authentication process.

    As an additional measure, Crypto.com introduced a feature that means when a new address is added as a payee on an account, the user will get notifications and have 24 hours to cancel any payment if they didn’t authorize it.

    Finally, it’s announced the Worldwide Account Protection Program (WAPP), promising to restore funds up to $250,000 for users who qualify. To qualify, users have to be using multi-factor authentication and have filed a police report that it can show Crypto.com. “While we are reminded of the existence of bad actors intent on committing fraud, this new Worldwide Account Protection Program, along with our new MFA [multi-factor authentication] infrastructure, gives our users unprecedented protection of their funds, and hopefully, peace of mind,” said Kris Marszalek, cofounder and CEO of Crypto.com.

    There remains little in the way of an explanation of how the attack actually occurred, however. The internal investigation continues.

    The company has been making a name for itself of late with partnerships with Matt Damon and Water.org, as well as its purchase of the naming rights to the Staples Center in Los Angeles.

    The breach at Crypto.com is one of many hacks resulting in multimillion losses in the cryptocurrency industry. Indeed, it pales in comparison to the huge $600 million theft that hit blockchain-based platform Poly Network. That story took a strange turn when the hacker gave back all the funds.

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    Thomas Brewster, Forbes Staff

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  • Introducing Tweens and Parents to Crypto and Blockchain: The Secret Order of Lumiiis Announces Official Trailer Release Date on December 14th – #DingleDay

    Introducing Tweens and Parents to Crypto and Blockchain: The Secret Order of Lumiiis Announces Official Trailer Release Date on December 14th – #DingleDay

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    The upcoming animated series is introducing a new and innovative way of storytelling that introduces both tweens and parents to the world of crypto and the blockchain.

    Press Release
    –

    Dec 14, 2021


    TORONTO, December 14, 2021 (Newswire.com)
    –
    Secret Pirates Entertainment Inc., creators of The Secret Order of Lumiiis franchise, the web3 brand and decentralized edutainment ecosystem built on the Solana (SOL) and Ethereum (ETH) blockchains, announces the launch of the official trailer for the series on #DingleDay, December 14, 2021. The trailer introduces the main characters from The Secret Order of Lumiiis™ animated series; season one premieres in 2022.

    December 14th, lovingly known as Dingle Day in the Lumiiiverse, recognizes the day “we all unconditionally love the most ridiculous Dingly parts of us! No judgment. All Dingle,” according to Ali Badshah, co-president, CEO and creator of the Lumiiis franchise. The date also celebrates Badshah’s children as December 14th also happens to be his daughter Emma’s birthday, with whom Badshah credits, along with her brother Roek, as his inspiration for creating the series adding, “had she not asked me about the show, we wouldn’t be here today.”

    The Secret Order of Lumiiis™ is an animated tween comedy about the eternal battle between light and dark, in a fantastical world where the Dingles are caught in a tug-of-war between the Lumiiis, who are trying to save them, and the Hollows who are trying to destroy them. The series highlights universal truths, along with global social issues around consumption, greed, biodiversity, discrimination, and other major topics – without ever being preachy or heavy-handed. It’s a nuanced and layered show that entertains while delivering subtle lessons. And with its immersive web3 integrations, The Secret Order of Lumiiis™ serves as a fun and revolutionary way for families to learn about and enter the world of crypto.

    “I’m a fan of several projects in the crypto space, including meme coins, but many of them lack a larger narrative,” said Ali Badshah, co-president, CEO and creator of the Lumiiis franchise. “Our goal is to provide a long-lasting and immersive story in the metaverse. We’ve achieved that with Lumiiis. A real story that genuinely entertains, while driving awareness and adoption of the brand, the token, and the larger Lumiii ecosystem to provide context and utility in real-world matters. The Secret Order of Lumiiis is crypto storytelling at its finest.”

    The series is embedded with secret quick response (QR) codes hidden throughout Dingledum and the Lumiiiverse. Audiences at home can find and redeem these codes for rewards like free LumiiiTokens, exclusive non-fungible tokens (NFTs) and other Lumiii products.

    About Secret Pirates Entertainment Inc.

    Secret Pirates Entertainment Inc. is a Canadian global media and gaming company marketing consumer products across all age groups. Founded in 2021 by Ali Badshah and Mehdi Rahman, Secret Pirates’ mandate is to democratize the global arts and entertainment industry through social utility and decentralized technologies.

    About The Secret Order of Lumiiis

    The Secret Order of Lumiiis™ and The Lumiii Franchise aim to introduce crypto storytelling to the world. Co-Founded by ACTRA Award-nominated actor, showrunner, and comedian Ali Badshah and international business leader Mehdi Rahman, Lumiiis by Secret Pirates Entertainment Inc. demystifies the blockchain and decentralized finance (DeFi) for kids and adults through education, entertainment, gaming and easy-to-use crypto offerings across over 11 international markets. Launching in Fall 2021, Toronto-based Lumiiis will deliver the first-of-its-kind decentralized edutainment ecosystem, powered by the blockchain.

    To learn more about Lumiiis and LumiiiTokens visit Lumiii.com.

    CONTACT INFORMATION:

    Tiffany Kayar
    tiffanyPR@newswiremail.io

    Source: Lumiii

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  • The Secret Order of Lumiiis Announces Official Trailer Release Date With 12 Days of Dingles NFTs

    The Secret Order of Lumiiis Announces Official Trailer Release Date With 12 Days of Dingles NFTs

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    Starting December 2nd, Secret Pirates will feature a new Dingle from its non-fungible token (NFT) series each day up to December 14th, #DingleDay and the release of The Secret Order of Lumiiis trailer.

    Press Release
    –

    Dec 2, 2021


    TORONTO, December 2, 2021 (Newswire.com)
    –
    Secret Pirates Entertainment Inc., creators of Lumiii franchise – the decentralized edutainment ecosystem built on the Solana (SOL) blockchain – announces that beginning December 2nd, the company will feature a new Dingle from the Dingles NFT series. The special event will take place each day from the 2nd until December 14th – #DingleDay and the official launch date for The Secret Order of Lumiiis trailer.

    What makes #DingleDay Special? “It’s the day we all unconditionally love the most ridiculous Dingly parts of us! No judgment. All Dingle,” according to Ali Badshah, co-president, CEO and creator of the Lumiiis franchise. Dingles are an allegory to humans and human nature throughout the series. Dingle Day also celebrates Badshah’s two children, daughter Emma, whose birthday is also December 14th, and her brother, Roek. Badshah credits his daughter with inspiring him to create the franchise, adding, “Had she not asked me about the show, we wouldn’t be here today.”

    The trailer will introduce the main characters from The Secret Order of Lumiiis animated series, which premieres in 2022. People can look for the quick response (QR) codes hidden in the trailer and uncover even more goodies like free LumiiiTokens, exclusive NFTs and other Lumiii products.

    “We’re incredibly enthusiastic about the Lumiiverse, and to celebrate the NFT and LumiiiToken launch we will be airdropping 7.7 billion LumiiiTokens and 77 Dingles NFTs for 100,000 lucky winners in January 2022,” said Badshah. “Our unique approach to the blockchain has resulted in a kids’ media franchise that not only educates and entertains, but pays for itself with its own immersive crypto economy filled with fun and engaging products that provide holders voting rights, token winnings, residual earnings, and much more.”

    Priced at 1.8 SOL each, the limited NFT collection has a total supply of 7,777 on Solana. An upcoming collection on the Ethereum blockchain is coming January 2022. Owning a Dingle NFT gives holders access to the Lumiiis’ world of Dingledum and the Lumiiiverse, providing passive rewards in the form of LumiiiTokens as well as chances to win even more physical and digital collectible assets. The rarest Dingles — those featuring gold foil backgrounds — will become characters in the Secret Order of Lumiiis series.

    The Secret Order of Lumiiis is an animated tween comedy and edutainment series that explores real-world issues like poverty, climate change, financial literacy, discrimination and other tough topics that families struggle to address and other franchises fail to tackle. It is a lighthearted and fun series featuring vivid animation and comedy that hilariously exposes the troubles of the world, yet shows audiences that there is still a fighting chance to face those concerns head-on and win.

    About Secret Pirate Entertainment Inc.

    Secret Pirates Entertainment Inc. is a Canadian global media and gaming company marketing consumer products across all age groups. Founded in 2021 by Ali Badshah and Mehdi Rahman, Secret Pirates’ mandate is to democratize the global arts and entertainment industry through social utility and decentralized technologies.

    About The Secret Order of Lumiiis

    The Secret Order of Lumiiis™ and The Lumiii Franchise aim to introduce crypto storytelling to the world. Co-Founded by ACTRA Award-nominated actor, showrunner, and comedian Ali Badshah and international business leader Mehdi Rahman, Lumiiis by Secret Pirates Entertainment Inc. demystifies the blockchain and decentralized finance (DeFi) for kids and adults through education, entertainment, gaming and easy-to-use crypto offerings across over 11 international markets. Launching in Fall 2021, Toronto-based Lumiiis will deliver the first-of-its-kind decentralized edutainment ecosystem, powered by the blockchain.

    To learn more about Lumiiis and LumiiiTokens visit Lumiii.com.

    CONTACT INFORMATION:

    Tiffany Kayar
    tiffanyPR@newswiremail.io

    Source: Lumiii

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  • Crypto 101 — Turning Bankers Into Experts on Crypto: Everything Bankers Need to Know About Crypto

    Crypto 101 — Turning Bankers Into Experts on Crypto: Everything Bankers Need to Know About Crypto

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    IBAT President and CEO, Christopher Williston IV, and Ben Soppitt, Founder and CEO of Unifimoney, lay the foundation and answer burning questions for bankers about cryptocurrency.

    Press Release
    –

    Dec 1, 2021


    AUSTIN, Texas, December 1, 2021 (Newswire.com)
    –
    Bankers Helping Bankers (BHB) hosts its first live event on Cryptocurrency — Tuesday, Dec. 7, 2021, from 12:00 pm to 1:00 pm CST.

    Open to ALL community bankers, this no-cost, bankers-only event is designed to dispel the myths about crypto by delivering the facts through hard data and a no-spin approach.

    Through Bankers Helping Bankers, state associations are propelling the BHB platform forward by using it as a communication and education delivery channel, fighting against misinformation and hype in the marketplace. These fact-based events are designed to separate real information and hard data from fiction-based marketing that is everywhere in our industry.

    “The steady drumbeat about cryptocurrency has bankers rightfully asking what, if any, opportunities exist for them in the space,” said IBAT President and CEO Christopher Williston. “This event will help bankers establish a baseline understanding of cryptocurrency as they seek to meet customers’ needs responsibly.”

    With the support of program partners like Unifimoney, bankers who have been strapped by Net Interest Margin (NIM) shrinkage will learn the truths behind digital currency. They will recognize ways to apply cryptocurrency technology to their existing business strategies to break the mold into a new profit center opportunity for their organization.

    “It’s a pleasure to be a part of this event and to be able to talk through the frameworks and models that have contributed to the tremendous interest from our clients who are now intending to use digital currency,” declared Ben Soppitt, Founder and CEO of Unifimoney. “We plan to focus on the technology’s role and impact in an integrated and unified approach to managing money — one in which we believe there is a natural and key role for community banks,” he added.

    Community bankers may register for this live event by going to www.bankershelpingbankers.com and clicking the LOGIN button. The event will only be livestreamed through the BHB forum. Note: This is a no-cost, bankers-only, education platform and event.

    When asked about the significance of the event, Dave Mayo, CEO of FedFis says, “State associations reach further when they band together. The mission of Bankers Helping Bankers is to make the community banker the smartest person in the room, on any topic. This new platform delivers the truth to bankers in a safe environment. This event demonstrates the potential of state associations to band together to reach bankers nationally with reliable information, allowing the associations to cut costs of duplicative efforts and increate revenue overall.”

    How to register: www.bankershelpingbankers.com and click LOGIN.

    Date and time of the livestreamed event: Tuesday, Dec. 7, 2021, from 12:00 pm to 1:00 pm CST.

    For more information on Bankers Helping Bankers, visit www.bankershelpingbankers.com. For more information on Independent Bankers Association of Texas, visit www.ibat.org/. For more information on FedFis, visit www.fedfis.com. For more information on Unifimoney, visit www.unifimoney.com.

    Contact: Mary Coleman, Director of Advertising/PR for Extraco Consulting, 254-424-7220

    Source: Bankers Helping Bankers

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  • Lumiiis Announces The Dingles NFT Launch, Paying Daily Rewards, Available on Solana

    Lumiiis Announces The Dingles NFT Launch, Paying Daily Rewards, Available on Solana

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    Launching November 2021, Dingles by The Secret Order of Lumiiis is a collection of NFTs (non-fungible tokens) on the Solana blockchain that pays daily rewards in the form of LumiiiTokens, the official governance token of the Lumiii ecosystem.

    Press Release
    –

    Nov 15, 2021


    TORONTO, November 15, 2021 (Newswire.com)
    –
    Secret Pirates Entertainment Inc., the creators of The Secret Order of Lumiiis™ franchise — a decentralized edutainment ecosystem built on the Solana (SOL) blockchain — announces the launch of The Dingles, a collection of 7,777 generative non-fungible tokens (NFTs) featuring the wild Dingles of Dingledum. It will launch Nov. 13, 2021.

    This limited NFT collection has a total supply of 7,777 on Solana. Owning a Dingle NFT gives holders access to the Lumiiis’ world of Dingledum, providing passive rewards in the form of LumiiiTokens, as well as chances to win even more physical and digital collectible assets. The rarest Dingles — those featuring gold foil backgrounds — will become characters in the Secret Order of Lumiiis series.

    The NFTs are priced at 1.8 SOL each.

    Each Dingle is unique. They are programmatically generated through the blockchain from over  100 possible traits and accessories including face wear, hair, clothing, jewelry, zombie features and more. Owners of the NFTs have commercial rights and ownership over their assets.

    “We are excited to share these NFTs that provide a new and fun way for holders to get involved with our project as we continue to develop this pathway for people to participate in the creative process,” said Ali Badshah, co-president, CEO and creator of the Lumiiis franchise. “We urge people to participate and look forward to growing our community as we introduce a revolutionary way for kids and parents to explore the exciting world of DeFi and blockchain together.”

    In The Secret Order of Lumiiis, The Dingles of Dingledum overuse and over-consume. They get distracted easily, cause a whole bunch of global issues and have finally pushed Dingledum past the tipping point. They are an allegory for humanity and represent the foolish in all of us. Like humanity, the Dingles can use all the help they can get.

    About Secret Pirate Entertainment Inc.

    Secret Pirates Entertainment Inc. is a Canadian global media and gaming company marketing consumer products across all age groups. Founded in 2021 by Ali Badshah and Mehdi Rahman, Secret Pirates’ mandate is to democratize the global arts and entertainment industry through social utility and decentralized technologies.

    About The Secret Order of Lumiiis

    The Secret Order of Lumiiis™ and The Lumiii Franchise aim to introduce crypto storytelling to the world. Co-Founded by ACTRA Award-nominated actor, showrunner, and comedian Ali Badshah and international business leader Mehdi Rahman, Lumiiis by Secret Pirates Entertainment Inc. demystifies the blockchain and decentralized finance (DeFi) for kids and adults through education, entertainment, gaming and easy-to-use crypto offerings across over 11 international markets. Launching in Fall 2021, Toronto-based Lumiiis will deliver the first-of-its-kind decentralized edutainment ecosystem, powered by the blockchain.

    To learn more about Lumiiis and LumiiiTokens visit Lumiii.com.

    CONTACT INFORMATION:

    Tiffany Kayar
    tiffanyPR@newswiremail.io

    Source: Lumiii

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  • Giftchill Launches Crypto Gift Cards Website to Deliver a Cutting-Edge Customer Experience

    Giftchill Launches Crypto Gift Cards Website to Deliver a Cutting-Edge Customer Experience

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    Located in the UK, GiftChill recently revamped its website. As an international leader in the gift card industry, GiftChill offers a unique one-stop-shop experience for customers seeking to purchase gift cards online. Customers can now use the GiftChill website to browse hundreds of featured gift cards, check product reviews, and order gift cards online.

    Press Release
    –

    Nov 9, 2021


    SINGAPORE, November 9, 2021 (Newswire.com)
    –
    Located in the UK, GiftChill recently revamped its website. As an international leader in the gift card industry, GiftChill offers a unique one-stop-shop experience for customers seeking to purchase gift cards online. Customers can now use the GiftChill website to browse hundreds of featured gift cards, check product reviews, and order gift cards online. 

    The GiftChill website offers a simple, secure online registration process that takes most people less than 60 seconds to complete. Once the registration process is complete, account holders can place orders for gift cards with just a few clicks. 

    Upon completion of their online purchase, customers can expect to receive their gift card code instantly. Each gift card code is delivered to the email address the customer provided during registration. Codes are accompanied by instructions that include helpful tips about using the gift card online or in stores.

    GiftChill’s updated site also plays a key role in helping customers save money when purchasing gift cards. Because GiftChill does not have to integrate with credit card companies or Paypal, GiftChill is able to minimize overhead costs. The savings are passed along to customers who are able to buy gift cards at a lower price. The new website may soon feature daily specials to enable GiftChill customers to maximize their ROI.

    Customer privacy is a top priority for the GiftChill team. In contrast to other websites that require buyers to provide a large amount of detailed personal information, GiftChill’s registration process requires customers to provide the bare minimum amount of information that is required by law. Account holders can therefore complete transactions with peace of mind knowing that every effort has been made to protect their privacy.

    GiftChill takes their commitment to privacy a step further by enabling customers to buy gift cards through their website using six popular cryptocurrencies: Bitcoin, Ethereum, Dogecoin, Bitcoin Cash, Litecoin and USDC. This means buyers are never required to enter their credit card information when making a purchase. Additional payment options are also under consideration as the GiftChill team strives to combat any unnecessary credit card use on their website. 

    Providing buyers with a hassle-free purchasing experience is a primary goal for GiftChill. By keeping the registration process simple and offering attractive payment modalities, customers can enjoy a fast, seamless buying experience. At the same time, customers never have to settle for an uninspiring gift card purchase. The GiftChill site features over 200 gift card options that change every day.

    To learn more about their discounted gift cards, you can contact them on Support@giftchill.co.uk. Their dedicated team of professionals is committed to providing customers with a wide variety of affordable gift card options.

    Source: GiftChill

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  • Bitcoin mining and its environmental costs

    Bitcoin mining and its environmental costs

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    Bitcoin mining and its environmental costs – CBS News


    Watch CBS News



    The opportunity to make big money in cryptocurrency is attracting huge investments to industrial-scale bitcoin mining, with thousands of supercomputers and an enormous energy demand, so much so that some companies are using power plants to fuel their operations – which may create real-world concerns for the environment. CBS News meteorologist and climate specialist Jeff Berardelli reports.

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  • DeNations Hosts NFT Art Exhibition, Celebrating Genesis Block of the DeNations Art Chain

    DeNations Hosts NFT Art Exhibition, Celebrating Genesis Block of the DeNations Art Chain

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    Defi and blockchain-powered Metaverse, DeNations launches NFT art minting platform, giving away free yield-bearing NFT art to NFT art collectors

    Press Release
    –


    updated: Jul 15, 2021


    HONG KONG, July 15, 2021 (Newswire.com)
    –
    DeNations is a blockchain-powered metaverse platform based in Hong Kong that everyone can own nations, build cities/civilizations, and earn tokens.

    In DeNations, ownership of core assets is represented by Ethereum NFT (Non-Fungible Token). Players can register their NFTs at DeNations’ metaverse platform (http://play.denations.com), run their nations and earn token (DENA) profits.

    These NFTs are currently trading on OpenSea and DeNations was ranked 4th in terms of trading volume under the Virtual World category.

    As DeNations is becoming noticeable each day, it has recently released a new collaboration project called DeNations Art Chain, a decentralized ecosystem where various talented artists can easily and sustainably produce valuable NFT arts.

    A contemporary artist Jeon Byeong Sam is chosen as an artist of the Genesis Block of DeNations Art Chain. He has developed a global reputation with large-scale media installation art and also been creating works of art that represent the relationship between the seen and unseen within the realms of the analog and digital. Collaborated with DeNations Art Chain, he recreated the 193 ‘National Flags’ through his <LOST> series, which symbolizes and conveys the notion of the theme “Things You See Only When They Disappear.” 

    Flags of each country are created as digital images; the original shape of the flag disappears and is reborn as an abstract striped image throughout the process of decomposing and recombining one pixel at a time. These artworks will be issued as Non-Fungible Token (NFT) in the blockchain.

    To commemorate these works, the DeNations and the artist hosted an offline exhibition, under the title of <RUMINATIONS: Nations in Metaverse> that exclusively reveals 207 NFTs and 207 pieces of physical arts that related to each other. The first drop is on 14th July UTC 8:00 AM; a unique edition of 15 national flags will be disclosed. 207 Physical arts that were exhibited, will be shipped to the buyer of unique edition after the exhibition.

    In order to let more people get familiar with the concept of NFT, Defi, and metaverse by having their own NFTs in their wallets, DeNations holds an online event where everyone can claim a free Art NFT. This Special Art NFT has two major in-metaverse functions: “Art Farming” and “DGDP Boosting.” Unlike the other common NFTs, NFTs of the Art Chain Block are profitable under the support of the DeNations metaverse ecosystem. 

    By observing how the disparate concepts of art, blockchain technology, nations merge together harmoniously, we are witnessing the beginning of another surrealistic world. DeNations Art Chain project and Jeon Byeong-Sam’s artworks will be a meaningful step in the art history and blockchain industry. Moreover, this exhibition will be the world’s first NFT art exhibition sponsored by the blockchain-based Metaverse.

    Please contact info@denation.com for further queries.

    Source: DeNations

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  • Canadian Apparel and Home Goods Brand, Consumer Commodity, Launches NFT Product With Fashion Icon Nick Wooster

    Canadian Apparel and Home Goods Brand, Consumer Commodity, Launches NFT Product With Fashion Icon Nick Wooster

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    Fashion icon, Nick Wooster, has officially dropped his first ever NFT in collaboration with Consumer Commodity, a Vancouver based consumer goods brand focused on apparel, personal care, and household essentials. Consumer Commodity aims to be at the forefront of consumer goods and blockchain / NFT. Their Nick Wooster NFT is a bold deep dive into the digital trading space to build community hype around their new product / brand launch.

    Press Release
    –


    updated: May 19, 2021


    VANCOUVER, British Columbia, May 19, 2021 (Newswire.com)
    –
    Consumer Commodity’s Nick Wooster NFT debuts the menswear fashion icon wearing Consumer Commodity apparel in the form of a digital motion art piece. There are 4 tiers to the Nick Wooster collectible NFT’s, with a limited number available of each across Gold, Silver, Bronze, and Colour. They are available on RARIBLE as of May 19th. As only a limited number of Nick Wooster NFT’s will be created, there’s added value to the rarity of these collectibles while creating a totally unique brand experience. 

    While NFTs are still speculative in nature, there is added value for Consumer Commodity & Nick Wooster with this new approach. Being able to authenticate ownership of a digital art collectible will create a lasting piece of the brand that will live on the blockchain. There verifiable uniqueness of the Nick Wooster x CON-C NFT’s also deepen the commemoration of their apparel/ products and reputable designer, London Alexander. 

    Consumer Commodity is offering 20% off all sweatsuit pieces (the same as Nick Wooster appears in via NFT) on their online shop, CON-C. 

    Source: Consumer Commodity / CON-C

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    Categories:
    Fashion and Apparel, Digital Living

    Tags:
    Apparel, Bitcoin, Blockchain, Celebrity, Cryptocurrency, Fashion, New York, NFT, Nick Wooster, Sustainable, Vancouver

    Additional Images

    Nick Wooster x CON-C

    Nick Wooster NFT

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  • VirgoCX to Hold a Crypto Holiday Fundraiser in Support of SickKids Foundation

    VirgoCX to Hold a Crypto Holiday Fundraiser in Support of SickKids Foundation

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    Press Release
    –


    updated: Dec 15, 2020


    TORONTO, December 15, 2020 (Newswire.com)
    –
    VirgoCX, a Toronto-based fiat-to-crypto trading platform, is supporting SickKids Foundation by exchanging cryptocurrency into cash donations. To further enhance this corporate initiative and fulfill its mission, VirgoCX is hosting an online crypto fundraiser to support SickKids Foundation. The fundraiser includes a virtual benefit concert on Dec. 17, 2020, from 7 to 10 pm EST, followed by a 7-day online charitable auction.

    “2020 is full of sadness and stress. Many important and worthwhile things are yet to be done. As we are approaching the year-end, VirgoCX would like to take a moment to give back to the community, especially to those kids who represent the future of our nation. We hope this online charity event organized in support of SickKids Foundation can enlighten and empower the audience,” said Adam Cai, CEO of VirgoCX, stressing the importance of supporting the community during hardship.

    The rise of cryptocurrency brings an important fundraising opportunity and promise for non-profits. This made it essential for VirgoCX to connect with leading charities, like SickKids, to help reach prospective donors they may not be able to otherwise. VirgoCX is excited to offer a new way of making donations in support of child health.

    “SickKids relies on community support and we are grateful to VirgoCX for their commitment to improving child health,” says Adam Starkman, Vice President, Corporate Partnerships, SickKids Foundation. “We are a leading paediatric hospital treating patients from all over Ontario, across Canada and around the world. The support from VirgoCX in assisting us to reach donors of cryptocurrency will help ensure high-quality care for generations to come.”

    The online fundraiser will commence from December 17 to 23, start with a virtual concert on December 17 from 7 to 10 pm EST via Zoom and Youtube Live. The concert brings together eight Canadian rising stars, including Martina Ortiz Luis, official anthem singer for the Toronto Maple Leafs; Jojo Worthington, award-winning producer/multi-instrumentalist; Critically acclaimed Canadian band Black Creek Reign; North American Country Music Association’s Songwriter of the Year Augusta Ray; Nomadic indie-folk musician Tennyson King; Aspiring Torontonian artist Chiara Stella; Toronto based folk-roots singer-songwriter Alex Mason and singer/producer OSA, offering a broad spectrum of music to unite our community.

    Besides performances from local musicians, the event offers a range of keynote speeches, an educational presentation from SickKids Foundation and networking sessions. Participating institutions include peers from the crypto community, professionals from various industries, SickKids Foundation, MP Han Dong, etc.

    VirgoCX is committed to giving back to our communities. We invite all Canadians to join this special event with us. Sign up here!

    About VirgoCX:

    VirgoCX is the most trusted cryptocurrency trading platform in Canada, making cryptocurrencies available to Canadians everywhere. As VirgoCX is changing the way the world stores wealth, it operates diligently to provide quality services that adhere to global compliance requirements. VirgoCX is accelerating the adoption for Bitcoin, Ethereum, Litecoin, and other cryptocurrencies.

    Media Contact:

    Nora Anniwaer
    nora.anniwaer@virgocx.ca

    Source: VirgoCX

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  • New Film, Bit X Bit: In Bitcoin We Trust Gives Insider’s View Into the Futuristic World of Bitcoin and Its Secrets

    New Film, Bit X Bit: In Bitcoin We Trust Gives Insider’s View Into the Futuristic World of Bitcoin and Its Secrets

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    Press Release
    –


    updated: Jun 4, 2019


    HOLLYWOOD, Calif., June 4, 2019 (Newswire.com)
    –
    A new Bitcoin documentary, “Bit x Bit: In Bitcoin We Trust,” takes an in-depth look at the beginnings and development of what has become a widespread global advance in digital commerce. The third film from director David Foox, which is currently available on iTunes and a list of other platforms (see www.bitxbitmovie.com for more listings), aims to educate everyone about a new value transfer system based on blockchain technology, an innovative technology revolutionizing the world.​​​​​​​​

    “The journey led me and my filmmaking team to travel to 18 cities interviewing the futurists making Bitcoin a reality. What I discovered filled me with hope that our world will change, and I wanted to contribute to this epic transformation,” said David Foox.

    This film tells the story of the emerging technology from its conception in the 2008 Satoshi Nakamoto whitepaper, “Bitcoin: A Peer-to-Peer Electronic Cash System,” through Bitcoin’s successes and setbacks defined by the explorers who blazed the trail from early 2014 to the beginning of its integration in 2018. With so many willing participants looking to utilize and build related value around this technology, it has touched everything from startups to some of the largest financial institutions in the world and shows no signs of slowing down the possibilities for its adoption.

    With predictions from the Winklevoss twins, the infamous “Bitcoin Billionaires” who reportedly held talks with Mark Zuckerberg about Facebook’s newly announced “GLOBALCOIN” cryptocurrency slated for 2020 — and through interviews highlighting the passion and intrigue expressed by the futurists and pioneers building these new systems, such as Andreas Antonopolous, Nolan Bushnell, Marshall Long, Pamela Morgan, Peter Todd, and many others — Bit x Bit: In Bitcoin We Trust stays true to its vision: “Futurists enlightening the minds of the many for the acceptance of a digital value exchange system focused on prosperity and transforming our world.”

    These predictions and already some companies have already started to see the substantial value and increased investment paying off. A recent Bloomberg article showcased the historic investments and returns coming from Block.one, a cryptocurrency startup led by billionaire Peter Thiel. With these kinds of potential returns and a number of creative minds driving potential future investment in the space, the future is looking bright. ​

    Media Contact:

    David Foox, Independent Filmmaker
    bitxbitmovie@gmail.com

    ABOUT THE DIRECTOR:

    David Foox began his journey into the making of “Bit x Bit: In Bitcoin We Trust” in January 2014 at the Sundance Film Festival, where he was celebrating an earlier successful film project – “Love Child.” In the production of “Love Child,” his eyes were opened to the effects of technology on the collective consciousness in ways that defied humanity. Therefore, when introduced to Bitcoin by friends who used the new digital technology to arrange airfare and hotel accommodations to attend the festival – David was fascinated. This simple encounter became the driving force behind David’s desire to create a film that brings the topic to a broad audience and perhaps even to those that will play a part in its future.

    About Gravitas Ventures

    Gravitas Ventures, a Red Arrow Studios company, is a leading all rights distributor of independent feature films and documentaries. Founded in 2006, Gravitas connects independent filmmakers and producers with distribution opportunities across the globe. Working with talented directors and producers, Gravitas Ventures has distributed thousands of films into over a hundred million homes in North America or over one billion homes worldwide.

    About Red Arrow Studios

    Red Arrow Studios is one of the world’s leading creators and distributors of entertainment content. Red Arrow Studios is comprised of 20 production companies in seven territories, including 10 companies based in the United States; world-leading multi-platform digital network Studio71, based in six countries; and global film and TV distributors Red Arrow Studios International and Gravitas Ventures. The group’s significant output includes scripted, non-scripted and formatted content and IP, from TV and film to short-form and branded content, made for an array of global networks and platforms. Red Arrow Studios is part of ProSiebenSat.1 Media SE, one of Europe’s leading media groups.

    URL: https://bitxbitmovie.com

    Bit x Bit: In Bitcoin We Trust is the third movie by David Foox and has been released with the support of Gravitas Ventures. It is currently available for download on iTunes – https://itunes.apple.com/us/movie/bit-x-bit-in-bitcoin-we-trust/id1457252026

    Source: David Foox

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  • CoinLoan Platform Overcomes Volatility in Crypto-Backed Lending

    CoinLoan Platform Overcomes Volatility in Crypto-Backed Lending

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    Press Release
    –


    updated: Apr 23, 2019


    TALLIN, Estonia, April 23, 2019 (Newswire.com)
    –
    ​​​​​​CoinLoan crypto-backed lending platform presents a dynamic risk-management system that is capable of resisting market fluctuations. In numbers, this translates into raising the LTV limit to 70 percent and liquidation threshold to more than 90 percent. In practice, it allows borrowers to get more fiat against their crypto and not care too much about margin calls.

    The Necessary Evil of Crypto-Lending

    Crypto-backed lending services help hodlers to access the liquidity of their coins by borrowing against them rather than selling them. No wonder that such services gained wide popularity during the last couple of years. The high liquidity and boundless nature turn cryptocurrencies into almost perfect collateral.

    But “almost” is the key word here; obstacles come from extreme volatility. Giving $700 against cryptoasset valued at $1,000 today, no one can be sure that collateral price won’t drop below $700 tomorrow.

    Problems of Low LTVs and Liquidation Risk

    There’s a proven model to cope with crypto market fluctuations. It operates perfectly for lenders, but mainly at the cost of borrowers. To be on the safe side, lending platforms put Loan-to-Value limit down, so our users can usually take no more than $500 for cryptoasset worth $1,000.

    Liquidation point is set way too low as well. If the collateral value drops, increasing the LTV (no higher than 80 percent usually), the system will alert the borrower and ask him to add more fiat or crypto to maintain a healthy LTV ratio. Otherwise, cryptocollateral will be liquidated automatically to secure the lender’s funds.

    How to Handle Volatility

    Alex Faliushin, co-founder and CEO at CoinLoan, explained how his team found a solution to the crypto-lending issues:

    “It was obvious that liquidation approaches are far from perfect. Over the past year, we’ve been testing new risk-management ideas. Today we have a solution that makes things as convenient as possible for borrowers.”

    In short, CoinLoan’s dynamic liquidation system allows cryptocollateral to become resistant to market movements. Liquidation point is estimated for each loan individually and depends on the interest rate. For loans with an interest rate of up to 12 percent, the threshold is expected to be 92 percent, for those between 13 percent to 24 percent it will be 91 percent and so on. In all cases, liquidation may only occur when LTV is over 90 percent.

    “Such a high liquidation threshold enables us to increase the LTV limit as well. In other words, a borrower gets more money for his crypto. Today, CoinLoan platform is open to 70 percent LTV loans; it’s one of the best conditions on the market,” adds Alex Faliushin.

    Source: Coinloan

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  • Celsius Network Selected by Fifth Element Fund to Manage Crypto Assets

    Celsius Network Selected by Fifth Element Fund to Manage Crypto Assets

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    Blockchain lending & borrowing platform chosen as founding member of SDG Impact Fund

    Press Release
    –


    updated: Sep 21, 2018


    NEW YORK, September 21, 2018 (Newswire.com)
    –
    Announced today at the United Nations, Fifth Element is launching its SDG Impact Fund and will be the first to accept and deploy traditional assets and all forms of crypto, token and digital assets for the mission of meeting the UN Sustainable Development Goals.

    Celsius Network is a founding member of the fund and will be its preferred digital wallet. The fund plans to raise several hundred million dollars and deploy them in both fiat and digital format using public blockchains.

    We see a great opportunity to use this technology to deliver the value collected by different UN organizations in a more precise and effective way to the people and organizations that need it most.

    Scott Stornetta, Adviser, Celsius Network

    At the SDG Frontier Finance forum event today, held in conjunction with the International Day of Peace, Bryan Doreian, Chief Development Magus, Fifth Element Fund, announced the selection and partnership. The event also included the first few donors to contribute to the fund. Celsius Network was named as a founding member.

    Scott Stornetta, adviser to Celsius and one of the original inventors of blockchain technology, commented, “We see a great opportunity to use this technology to deliver the value collected by different UN organizations in a more precise and effective way to the people and organizations that need it most.”

    The Fifth Element Fund plans to use the public blockchain to implement its global programs and use the technology to both monitor and implement its mission in line with the UN Sustainable Development Goals.

    Celsius Network aims to bring power back to the people by providing banking services typically reserved for the top 1 percent. “By offering earned interest rates up to 7.1 percent, we allow individuals to make the same passive income Wall Street has been making for years,” says Celsius CEO, Alex Mashinsky. “Joining forces with Fifth Element will ensure our services reach those most deserving.”

    If you would like more information please call Kristen Ryan at 603-401-5897 or email kristen@celsius.network

    Source: Celsius Network LTD

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  • SPOKKZ Teams Up With Ontology to Revolutionize Content Streaming Through Blockchain

    SPOKKZ Teams Up With Ontology to Revolutionize Content Streaming Through Blockchain

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    SINGAPORE, August 21, 2018 (Newswire.com)
    –
     Ontology’s high-performance public multi-chain project and a distributed trust collaboration platform and SPOKKZ – a new one-stop content dApp, have agreed to work together with the main agenda on blockchain content streaming. The companies will team up to improve their technologies and communities, with the broad objective of establishing and facilitating decentralized app growth and speeding up strong approval for blockchain technology on the Ontology MainNet.

    Blockchain apps are not yet fully developed. The platforms of enabling these decentralized applications are still immature, and real case studies are not convincing to the public yet. Ontology and SPOKKZ will team up on these challenges by attracting developers and providing the best conditions for high-quality content creation.

    Working with Ontology is a huge opportunity for us. Not only do they bring a well-thought-out infrastructure but, the combination of SPOKKZ’s large user base and Ontology’s stellar technology will be a game changer for the entire token economy. Ontology’s Trust system and SPOKKZ’s decentralized content creation and content viewing is truly a marriage of two significant players who are committed to the decentralized economy and who have the technology and proven track record to ensure a successful collaboration.

    Subin Subaiah, Founder

    SPOKKZ is a decentralized platform of an existing streaming platform Spuul, which gives 60 million Global Users the ability to stream, download, and watch over thousands of hours of movies and live linear TV content. The SPOKKZ team aims to further the tokenization of the content industry, the ability of its community to watch content, the ability of content creators to get funding and stream content, and to reward the community and fight piracy.

    Ontology’s core strategy is to be used for real-world business scenarios, which is reflected in its core modules which include a complete smart contract system, distributed ledger system, distributed identity framework, distributed data exchange, and more. SPOKKZ will bring their dApp to the Ontology MainNet, and the two companies will share marketing and community-relation resources. Additionally, SPOKKZ will adopt Ontology’s distributed identity framework — ONT ID — for users on their platform.

    The collaboration between Ontology and SPOKKZ will majorly emphasize the following areas:

    Community Cooperation. Ontology and SPOKKZ will create conducive environments with their individual developer communities, and both are now dedicated to teaming up to further enhance active blockchain growth.

    Technical Cooperation. The Ontology will enable smooth docking of dApps created by SPOKKZ. This suggests that dApps created by SPOKKZ workforce can be available on the Ontology MainNet. Our collaboration anticipates hastening the advent of a killer blockchain-based content industry by facilitating the creation and deployment of such dApps.

    Generation of more profits. As a functional measure, the strategic partnership between Ontology and SPOKKZ will evidently speed up the commercialization of the blockchain, increase the blockchain user set-ups and bring more profits.

    With more than 60 million users, SPOKKZ presents the chance, which will empower other dApps on Ontology with the power to purchase and auction on various platforms.

    On the other hand, Ontology has strong technical abilities with more developers and multi-chain capabilities. This means that both will broaden their market size through this partnership.

    Just as the blockchain technology has transformed the business sector, the content streaming industry is starting to acknowledge the benefits that can be tapped from embracing it. The partnership between Ontology and SPOKKZ bring community cooperation, technical cooperation, the creation of an ecosystem and generation of more profits to both companies.

    Speaking on the partnership, Subin Subaiah, Founder of SPOKKZ, said:

    “Working with Ontology is a huge opportunity for us. Not only do they bring a well- thought-out infrastructure but, the combination of SPOKKZ’s large user base and Ontology’s stellar technology will be a game changer for the entire token economy. Ontology’s Trust system and SPOKKZ’s decentralized content creation and content viewing is truly a marriage of two significant players who are committed to the decentralized economy and who have the technology and proven track record to ensure a successful collaboration.”

    LI Jun, Founder of Ontology, added:

    “The core modules Ontology has built and are continuing to enrich are all linked to real business scenarios, so we are pleased to work with Spuul who will take an existing user base with millions of users and design a new project. SPOKKZ will use decentralized technology to make a product which gives individuals a voice in an industry that is traditionally centralized.”

    About SPOKKZ

    SPOKKZ is being issued by Spuul, a pioneering and established OTT player with over 60million users in 180 countries generating revenues of close to USD15mm. Spuul has decided to migrate some of its solutions to the blockchain and to tokenize its business with SPOKKZ. Spuul is recognized to be an innovative, full stack, pure-play tech company that has built its enterprise in collaboration with premium providers like AWS (for whom they are a case study).

    A live platform, an experienced tech and business team, deep connections into the media industry and an influential advisory board puts SPOKKZ way ahead of the competition. SPOKKZ is dedicated to Mr. Spock of the Starship Enterprise and hopes to represent all that he stood for — clarity of thought, cold/hard logic and the courage “to boldly go where no one has gone before.”

    SPOKKZ will transform the media consumption business from being a purely transactional play to a community driven economy.

    Media Contact:
    Mohan S
    Email: team@spokkz.com

    Spokkz website: www.SPOKKZ.com

    Telegram: t.me/SPOKKZOfficial

    Twitter: www.twitter.com/SPOKKZOfficial

    Facebook: www.facebook.com/spuul

    Blog: www.medium.com/SPOKKZ

    Reddit: www.reddit.com/r/SPOKKZ

    Ontology website: https://ont.io

    ONTO website: https://onto.app

    GitHub: https://github.com/ontio

    Twitter: https://twitter.com/OntologyNetwork

    Telegram: https://t.me/OntologyNetwork

    Discord: https://discord.gg/4TQujHj

    Reddit: https://old.reddit.com/r/OntologyNetwork

    Facebook: https://www.facebook.com/ONTnetwork

    LinkedIn: https://www.linkedin.com/company/Ontology-Network-Official

    Source: SPOKKZ

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  • Blockchain With Pride: LGBT Foundation and OST Announce Partnership to Launch Global LGBT+ Ecosystem

    Blockchain With Pride: LGBT Foundation and OST Announce Partnership to Launch Global LGBT+ Ecosystem

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    BERLIN, June 12, 2018 (Newswire.com)
    –
    OST and the LGBT Foundation, backed by Hornet Networks, are pleased to announce a new partnership to launch an ecosystem powered by OST blockchain technology, to empower, connect and support LGBT+ people all over the world.

    The LGBT Foundation will launch the LGBT Token in cooperation with Hornet Networks, one of the largest social networks for gay men with more than 25 million members globally, and Revry, the LGBT answer to Netflix, reaching 70 million homes in more than 100 countries. These two and other launch partners already reach 100 million people worldwide.

    LGBT Token will activate the $4.6 trillion global LGBT+ economy, enabling members to assert and protect their LGBT+ identity, creating a new medium of exchange and loyalty for LGBT+ persons and businesses, and making a global social impact by allocating resources to projects that the LGBT+ community cares about, including tackling oppression, discrimination and inequality, education and healthcare.

    The LGBT Foundation chose to launch the LGBT Token on OST technology following several months exploring their own ICO, and publishing the LGBT Token “ Pink Paper ” and “ White Paper. ” It aims for the Token to be a method of payment and loyalty for physical and digital businesses, as well as a decentralized system for LGBT+ people to verify and protect their identities, especially in countries where they face repercussions.

    “We’re saving a ton of time, money and technical resources by teaming up with OST rather than pursuing our own ICO; allowing us to go to market faster, safer and fully compliant with financial regulations,” says Christof Wittig, President of the LGBT Foundation and CEO of Hornet Networks . “The fact that Jason has a stellar track record in tech, Blockchain and the LGBT+ community was something we definitely considered when looking for a partner to kickstart our project.”

    The OST utility token enables any website, app, or marketplace to easily launch a branded token and integrate it into their businesses and communities.

    “We’re thrilled to announce our support for LGBT Token during Pride Month 2018. We are humbled and excited to support the LGBT Foundation’s mission to make our world a better place for all members of the LGBT+ community. Blockchain technology is a perfect fit for the LGBT Foundation’s mission,” says Jason Goldberg, founder and CEO of OST and an advocate for equality himself. “The LGBT Token facilitates near-instant transactions between businesses, causes and members of the community; thus establishing a flourishing, Pink Economy. It also empowers people in countries where it’s illegal to be LGBT to safely and, if need be, anonymously connect with fellow LGBT people.”

    Goldberg will join the LGBT Foundation as an advisor to the project.

    Sean Howell, CEO of the LGBT Foundation, concludes: “ Partnering with OST is based on their state-of-the-art technology to launch and manage the LGBT Token rapidly, safely, and securely. Working with OST gives us the confidence and ability to go-to-market and to develop a blockchain-powered network of LGBT-friendly businesses, to activate a global, Pink Economy.” Howell continues: “We’ll be driving major, global adoption of the LGBT Token by making it available to the 100 million audience of our launch partners, incl. Hornet Networks and Revry.”

    —

    About the LGBT Foundation

    The LGBT Foundation is an organization that aims to deliver equality for the global LGBT community through technology and non-profit uses of its tokens. By harnessing the power and potential of blockchain technology and other technological innovations, the Foundation aims to foster greater acceptance of the LGBT community, drive positive social change for the benefit of its members, and protect vulnerable community members. The aim is that the LGBT Foundation will evolve to become a self-governing body run by and for members of the LGBT community, and which directs its activities, resources and members to the benefit of the international LGBT-community. For more information, please visit: https://lgbt-token.org/

    About Hornet Networks

    Hornet is the world’s premier gay social network. Founded in 2011 with the mission to build the digital home for the gay community, Hornet has grown to 25 million total users by utilizing cutting-edge technology for its dating platform and producing original editorial content to connect a community around common interests. Hornet provides a superior user experience and is number one in the key markets of France, Russia, Brazil, Turkey and Taiwan, and is consistently expanding its sizable user base in the United States. For more information, please visit: https://hornet.com

    About OST

    OST is building the complete blockchain toolkit for business. The company strives to be the blockchain technology partner of choice for businesses of all sizes and levels of technical sophistication, enabling any business to create, launch, and manage their own branded digital token economy powered by OpenST protocols and OST blockchain management software. The OpenST protocol enables companies to launch branded token economies on highly scalable, open, cryptographically auditable side blockchains. OST has offices in Berlin, New York, Hong Kong, and Pune India. For more information, please visit: https://ost.com/

    —

    Sean Howell for Hornet Networks and the LGBT Foundation

    sean@hornet.com

    Wouter Verhoog for OST

    wouter@ost.com / @wouterverhoog 

    Source: OST

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  • DNotesEDU Prioritizes Investor Protection in Cryptocurrency Education

    DNotesEDU Prioritizes Investor Protection in Cryptocurrency Education

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    Press Release
    –


    updated: Feb 19, 2018


    CHICAGO, February 19, 2018 (Newswire.com)
    –
    Cryptocurrency education platform DNotesEDU has announced a massive upgrade, offering expanded content that provides entry-level educational material focusing on cryptocurrency and personal finance. According to DNotesEDU education director Brandon Cheliak, the changes are an effort to address the cryptocurrency market’s current lack of sound information about investor protection and education.

    The DNotesEDU platform is focused on empowering individuals with the knowledge they need to be able to make sound cryptocurrency investments. The additional educational material is designed to fill in the gap between what the average ‘mainstream’ investor finds easy to understand, and what the industry considers “beginner friendly”, with the following guide:  
      

    If Cryptocurrency Confuses You…  Start Here  

    DNotesEDU provides a wide range of FREE educational material consisting of easy to understand guides, explanations, and industry videos. For those wishing to delve deeper into the technology, they can check out the material in the sub-module Cryptocurrency Education: Free Courses. Interesting articles and news briefs are included in the modules to enhance the learning experience. Videos are used to help explain concepts such as blockchain, mining, proof of stake, proof of work, wallets, smart contracts, and more.

    The content-rich site is also focused on helping investors assess risks and identify potential red flags. As Cheliak notes, “It’s common for new technology industries to see their fair share of con-artists coming up with clever ways to dupe unsuspecting investors. Among these cons are various forms of paid cryptocurrency ‘education packages’, sometimes with complex tier structures, and often with great promises of wealth. It is very important that people educate themselves.”

    Cheliak said that DNotesEDU recognizes the difficulty people will have made the transition to a digital financial world of cryptocurrencies. The platform is committed to providing those people with information about money, the financial system, and other important factors to help them protect themselves against potential financial fraud.

    The information has been designed to be entry-level, explaining investment products, strategies, and styles using short videos and other easy-to-understand mediums. The content-packed sections are broken down into modules and sub-modules. An index at the bottom of each page provides a link to material covering different concepts and terms.

    Cheliak stressed the important role that education can play in protecting investors. “Critical to investor protection is having sufficient knowledge of the risks associated with various investments, especially cryptocurrencies and Initial Coin Offerings (ICO),” he said. “ICOs are facing regulatory scrutiny, and investors need to know how these regulations will affect their investment. At present, ICOs represent an extreme level of risk, especially to new investors.”

    To protect investors and give them some of the tips and resources needed to evaluate the various cryptocurrencies and Initial Coin Offerings, DNotesEDU has prepared a Cryptocurrency & ICO Screening Guide for Investors. The guide is for those who are interested in investing in cryptocurrencies or ICO tokens, understand that it is high risk, but have no idea what to look for in the 1500 coins and tokens available. It is not intended as financial or investment advice.

    A Security module has also been included, with a basic introduction to “Online Security & Fraud Protection”. Short beginner level videos will acquaint the reader with the ever-present danger of financial or identity theft that occurs without proper email security, as well as Wifi security, firewalls, anti-virus software, and basic password practices.  

    Disclosure

    DNotes EDU is a self-funded project by certain members of the DNotes team and community. The material on the site is not to be interpreted as investment advice. Any references to specific cryptocurrencies, financial products, or businesses mentioned in any articles or videos are purely for educational purposes. DNotesEDU advises that investors never accept a buy recommendation from anyone at face value, that they educate themselves, and always make their own decisions.

    The team takes a conservative, long-term approach to the industry, believing that success will come to the groundbreakers that abide by the law and follow the standards of good business practices. The goal of DNotesEDU is to provide truth and trust in cryptocurrency.

    About DNotes EDU

     For more information please visit: https://dnotesedu.com/

    Media contact
    Name:  Brandon Cheliak
    Email:  contact@DNotesEDU.com

    Source: DNotes Global, Inc.

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  • Everus Welcomes Bank Negara Malaysia’s Move to Prevent Cryptocurrency Abuse, Implements KYC in Anticipation of AML/CFT Laws

    Everus Welcomes Bank Negara Malaysia’s Move to Prevent Cryptocurrency Abuse, Implements KYC in Anticipation of AML/CFT Laws

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    Press Release
    –


    updated: Nov 29, 2017


    KUALA LUMPUR, Malaysia, November 28, 2017 (Newswire.com)
    –
    ​In light of the Malaysian Central Bank’s (BNM) move to enforce preventive measures for the misuse of cryptocurrency for money laundering and terrorist financing in 2018, Everus Technologies Sdn Bhd is laying out a plan to aid compliance, starting with a preliminary, multi-tier “Know Your Customer” (KYC) verification for its cryptocurrency wallets.

    Recent news headlines suggest Malaysians could anticipate cryptocurrency playing an active role in the economic ecosystem very soon. Malaysian Central Bank governor, Tan Sri Muhammad Ibrahim recently commented: “Beginning 2018, Bank Negara will designate persons converting cryptocurrencies into fiat-money currencies as reporting institutions under the Anti-Money Laundering, Anti Terrorism Financing and Proceeds of Unlawful Activities Act (AMLA) 2001. This is to prevent the abuse of the system for criminal and unlawful activities and ensuring the stability and integrity of the financial system.”

    Although it seems that a regulated environment may challenge the intrinsic nature of cryptocurrency, it is a catalyst that accelerates mainstream user adoption.

    Srinivas Oddati, CEO, Everus Technologies

    As a new era of decentralized currency dawns on the financial world, it is crucial that the great benefits and potential of cryptocurrencies and its foundational blockchain technology are not eclipsed by those who seek to exploit these platforms for criminal or destructive activities.

    In an interview at the Everus Technologies headquarters in Kuala Lumpur, Malaysia, Everus CEO Srinivas Oddati lauded the Central Bank’s objective, acknowledging the role of regulatory measures in cryptocurrency and adoption other financial innovations.

    “Although it seems that a regulated environment may challenge the intrinsic nature of cryptocurrency, it is a catalyst that accelerates mainstream user adoption. By introducing preventive measures against money laundering, terrorism financing and other potential threats to the integrity of this powerful technology, its benefits can be enjoyed by the masses with less apprehension and fear,” he said.

    Oddati also hinted that Everus was already developing “user-rewarding” features of their EVR cryptocurrency wallet in anticipation of this regulated endorsement of cryptocurrency and exchanges by BNM. “Our gamification model for the upcoming Everus World app will incentivize users to verify their submitted information for KYC. We are happy to be able to aid compliance and will strive to provide a safe, transparent and enjoyable cryptocurrency experience for our users,” he said.

    Taking a huge step forward, Everus’ home ground Malaysia is one of the first few Asian countries to begin embracing the digital currency. This implementation of AML/CFT comes with preventive measures that include conducting risk assessments, application of customer due diligence, submission of suspicious transaction reports (STR), cash threshold report, maintenance and retention of transaction records.

    Oddati closed his statement by reaffirming that Everus Technologies Sdn Bhd will do their part, taking the necessary steps to aid the Central Bank in mitigating, identifying and preventing cases of misuse of their technology.

    Source: Everus Technologies

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  • ANYBITS Altcoin Exchange Offering Free Trading Until 2018

    ANYBITS Altcoin Exchange Offering Free Trading Until 2018

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    Anybits, a new altcoin exchange that provides an online tool for users to freely trade between a number of different virtual cryptocurrencies, has launched its service to the public

    Press Release
    –


    updated: Nov 5, 2017


    DUBLIN, November 5, 2017 (Newswire.com)
    –
    Anybits, a new altcoin exchange that provides an online tool for users to freely trade between a number of different virtual cryptocurrencies, has launched its service to the public.

    Proudly introduced at Blockchain & Bitcoin conference in Kiev, Ukraine earlier in October, Ireland-based Anybits is an exchange platform for the most popular cryptocurrencies and digital funds such as Bitcoin, Bitcoin Cash, Litecoin, Dash, Ethereum, and many more.

    Powered and managed by established and reputable crypto-to-fiat exchange, Bitsane.com, Anybits is the fastest-growing, real-time altcoin trading platform with a constantly growing list of supported crypto assets.

    Anybits has been designed for optimal accessibility, ease-of-use, and compatibility across all mobile devices for trading whenever and wherever. Deposits and withdrawal on the platform are instantaneous; transactions are lightning fast and users’ registrations are intuitive and simple.

    Users on the platform can enroll in a generous affiliate program that offers them up to 50% referral commission. They will also be provided with margin trading and portfolio diversifying investment options when the platform fully launches.

    In order to properly secure users’ funds, Anybits uses cold storage to protect funds and transactions. Users can also set up additional security measures for their accounts.

    Anybits’​ extensive suite of comprehensive APIs allows developers to seamlessly develop and integrate their own cryptocurrency trading platforms.

    For a limited time only, Anybits offers FREE trading with no transaction fees till the end of 2017. To take advantage of this offer, use the following promotion code at the time of registration: H9F27D1V

    Learn more about Anybits at – https://anybits.com

    Media Contact
    Contact Name: Aidas Rupsys
    Contact Email: support@anybits.com
    Location: Dublin, Ireland

    Disclaimer: ANYBITS is the source of this content. Virtual currency is not legal tender, is not backed by the government, and accounts and value balances are not subject to consumer protections. This press release is for informational purposes only. The information does not constitute investment advice or an offer to invest. ROI cannot be guaranteed. Readers are urged to make investment decisions at their own discretion and the company will not be responsible for the outcome of such decisions. This press release may contain certain forward-looking statements that are not purely historical, including any statements regarding beliefs, plans, expectations or intentions regarding the future. Readers are cautioned not to place undue reliance on forward-looking statements, as there can be no assurance that the plans, intentions or expectations they are based on will occur.

    Source: ANYBITS

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  • Genesis Research & Technology Group Cleans the World With the WaterToken

    Genesis Research & Technology Group Cleans the World With the WaterToken

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    WaterToken.io Splashes on the Blockchain Oct. 25, 2017

    Press Release
    –


    updated: Oct 21, 2017


    DALLAS, October 21, 2017 (Newswire.com)
    –
    ​​​​​​​​​​The much-publicized WaterToken is scheduled to release on Oct. 25 and will operate in conjunction with IoT (Internet of Things) technology on the blockchain. The Genesis Research & Technology Group WaterToken will unveil, after years of research and testing, a revolutionary breakthrough in cleaning of water by a patented, chemical-free, green technology. The WaterToken ICO represents the Genesis Research & Technology Group process that relies on three patented and licensed purification methods: ultrafiltration, coagulation, and ozone (O3) generation. The oil and gas industry is all abuzz because this proprietary highly advanced system is portable and can even clean fracking water that is polluted during the oil extraction process. Jeff Soward, Chief Technology Officer of Genesis Research & Technology Group, states, “To produce one barrel of oil can take up to 10 barrels of water; which under the antiquated system used industrywide, toxic water is trucked and dumped into a disposal site. The Genesis System cleans the water at the actual drilling location and with green chemical-free technology the water is reused over and over again at one-tenth of the cost. This is a game changer.”

    Erin Brockovich, the famous environmental advocate says, “I am an advocate for awareness, the truth, and a person’s right to know.” The Genesis WaterToken solves the serious issue of trust and verification of environmental monitoring with the use of the blockchain. Furthermore, Genesis Research & Technology Group will store the records of the system to the blockchain so that frack water results are identified in various parts of the world. The WaterToken.io white paper gives a roadmap as to the system and how it plans to use the cryptocurrency in expansion throughout the world. “Genesis Research & Technology Group has produced a scalable system that will work in conjunction with a secure IoT solution that is a win for the blockchain,” says Michael Lagow CAO of Genesis Research & Technology Group. Tracking the environmental impact of fracking and using the blockchain to protect this data from tampering enables companies and regulators to create financially rewarding incentives to encourage buyers to buy products that are more environmentally friendly, and therefore encourage companies to restructure their supply chains to meet the demand for such products. “I think the environment should be put in the category of our national security. Defense of our resources is just as important as defense abroad. Otherwise, what is there to defend?” states Academy Award-winning actor Robert Redford.

    The WaterToken is an investment-grade ICO and because of that and its ‘green footprint’ we felt that everyone should be rewarded.

    Ron Price, CEO of Genesis Research & Technology Group

    The WaterToken merges clean water technology with the cryptocurrency and blockchain models. Darren McVean, CEO of MVP Asia Pacific states, “MVP has developed the IoT and blockchain platform for Genesis Research & Technology Group with an in-house electrical team that has worked closely with the Genesis R&TG technology department to test and simulate the extensive water readings from the Genesis System.” Once the data is entered into the public blockchain, it stays there forever. “Legal document storage on the blockchain could cut down on fraud and manipulation of the global carbon credits scheme. It is estimated that currently $979,000,000 USD is spent annually to administrate the global carbon credit scheme,” states McVean. Texas A&M University has also tested the water samples so that a third-party could conclusively back up the IoT for Genesis Research & Technology Group. As it pertains to the oil and gas industry, raw frack flowback water was injected into the Genesis System with amazing results. Total petroleum hydrocarbons were reduced by 99 percent, while metals, aluminum, antimony, arsenic, and selenium were reduced below detection limits.

    Bounty programs are used in most ICOs but, because of the IoT and vast Genesis Research & Technology Group resources, the WaterToken is offering a staggering $12,500,000 USD equivalent in bounty rewards for marketing. “The WaterToken is an investment-grade ICO and because of that and its ‘green footprint’ we felt that everyone should be rewarded,” says Ron Price, CEO of Genesis Research & Technology Group. Digital marketers, journalists, bloggers, and even the general public can participate and share in the rewards from one of the largest ICOs ever to land on the blockchain.

    About Genesis Research and Technology Group: Genesis Research and Technology Group is a U.S.-based company that has developed a patented, state-of-the-art technology that provides clean reusable water for the world’s population. The Company exploits its CHEMICAL-FREE technology as its efforts are being recognized by several leading government agencies developing and implementing Green technologies to protect and preserve our Earth’s resources.

    Genesis Research and Technology Group provides custom built state-of-the-art water treatment technologies for all types of water. Years of research and development go into perfecting this technology that allows Genesis to offer its clients a sole source, reusable water filtering and cleansing technology that is totally chemical-free.

    For more information: watertoken.io/genesis

    Media Contact:
    Patricia Almand
    Phone: 855-8100UMG
    Email: patricia@umgad.com

    Source: Genesis Research & Technology Group

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