Here's the most recent fintech, crypto and blockchain news from all around the globe:

Cryptocurrency Hub online community appreciates and cherishes the time and effort its members invest communicating, interacting and contributing on its platform and as a token of appreciation and giving back to the community we came up with a a prize points system based on members activities in the community! Yaaaaayyyyyy 😎

So that's how it will work:

Registered members earn points based on certain activities. Each activity has a number of points for each action taken. These points will be added for each member automatically.

Points will be calculated according to the below formula (subject to change upon the discretion of the admins):

Don't forget that you can invite new members to our community and help it grow while collecting points for each invited member! 🤪

The regular crypto giveaway will be in the form of weekly Cardano (ADA) and monthly Ripple (XRP) prizes! 🎁😁

Weekly Cardano (ADA) prizes (2 winners):

Every end of the week a First Prize will be given to 1 winner (1st highest number of activity points collected for the corresponding week): 30 ADA

Every end of the week a Second Prize will be given to 1 winner (2nd highest number of activity points collected for the corresponding week): 20 ADA

Monthly Ripple (XRP) prizes (1 winner):

Every end of month one Prize will be given to 1 winner (with the highest number of activity points collected for the corresponding month): 50 XRP

Members usernames will be of course announced in due dates and contacted to have their crypto prizes transferred to their wallets addresses.

Remember the more you are active and contributing to the growth of our online community the more points you earn and the more chances you get to win BIG with us! 😛🤗

Good luck to everyone! 👏

Arbitrum ($ARB) network, an Ethereum layer 2 scaling solution that uses optimistic rollups to achieve high throughput, has attracted significant attention from cryptocurrency traders since its much-hyped airdrop.

According to the latest market data, Arbitrum ($ARB) – which is currently trading on  Binance, OKX, Bybit, Bitrue, and BTCEX – reported a daily traded volume of about $1,397,327,284 on Friday.

On March 28, Safemoon Network experienced an attack on its BNB liquidity pool, resulting in a loss of approximately $8.9 million. The attack exploited a faulty smart contract design that allowed any user to burn tokens from any address. The attacker siphoned SFM tokens from the Safemoon-WBNB liquidity pool, artificially raising the SFM price, and sold them into the same liquidity pool at an inflated rate, wiping out the remaining WBNB.

SFM Price Dips and Stabilizes

Following the attack, the SFM token price dropped by up to 40% in the last 24 hours but has since stabilized. Coingecko’s latest market data shows that SFM traded at around $0.0001849, down by approximately 20% during the early London market. Despite the dip, the Safemoon (SFM) still has a market capitalization of about $106,958,984 and a 24-hour traded volume of approximately $1.1 million... read more

The US crypto community is facing turbulence as authorities continue to clamp down on the industry. Recent events suggest that the US government has been secretly targeting crypto companies and top crypto exchanges with false allegations in an attempt to move crypto out of the country.

The Securities and Exchange Commission (SEC) has been particularly active, targeting many crypto firms for selling unregistered securities on exchanges, but has not clearly stated which cryptos are securities and which are not. Now, it appears that the SEC and other regulatory bodies are trying to take down crypto firms and move them out of the US...read more

Jimmy Vallee, managing director of Valhil Capital, has sparked a new debate about the XRP buyback idea, which has now led to the questioning of the practicality of utilizing XRP as collateral. Chief Technical Officer of Ripple David Schwartz has now reacted to these discussions.

In 2021, Vallee introduced the XRP buyback idea and it was predicated on the idea that XRP would eventually become the world’s reserve currency. On the basis of this assumption, Vallee claimed that governments should own substantial amounts of XRP, calling for the planned buyback.

Read more : https://coinpedia.org/ripple/r...p-a-good-collateral/

Cryptocurrency and blockchain technology are increasingly gaining popularity as they offer transparency and efficiency, unlike traditional financial systems. The cryptocurrency market is relatively new but has immense potential, and blockchain technology enables business operations across different domains.

However, Shibarium, a Layer-2 alternative for Shiba Inu, recently faced backlash over allegations of being a clone, which upset the community. The development team's transparency has also been questioned, sparking controversy in the Shiba Inu community.

In an effort to rectify the situation, the Shiba Inu head developer announced the release of documentation outlining the operation and construction of Shibarium. The team is also making efforts to increase transparency, gain user trust, and surprise the community with additional updates.

Shibarium is advertised as having 10,000 times lower transaction fees than Ethereum, making it a game-changing technology to watch.

Full article: https://coinpedia.org/altcoin/...nd-how-it-was-built/

Cryptocurrencies have taken the world by storm in the past decade, with Bitcoin leading the way in terms of popularity and adoption. However, as the cryptocurrency market continues to grow, there are now numerous alternative digital currencies vying for investors’ attention. Among these cryptocurrencies is TROPTIONS, which has been gaining traction and standing out from the rest. In this blog, we will explore what sets TROPTIONS apart from other cryptocurrencies and why more people are turning to it as the banking system becomes less reliable.

TROPTIONS is a unique cryptocurrency that stands out from the rest in several ways. One of the most notable features of TROPTIONS is its focus on being a utility token. This means that the currency is designed to have real-world applications and uses beyond just being a speculative asset. TROPTIONS can be used to purchase a wide range of goods and services from businesses that accept it as payment. This makes it a more practical and tangible cryptocurrency than some of its competitors.

Another feature that sets TROPTIONS apart from other cryptocurrencies is its emphasis on education and community building. The TROPTIONS team is dedicated to helping people understand the benefits and potential of cryptocurrency and how to use it effectively. They offer educational resources, webinars, and other events to help people become more comfortable with the technology and feel confident using it in their daily lives.

As the global banking system becomes more unstable, people are looking for alternative ways to store and transfer value. Cryptocurrencies like TROPTIONS offer a decentralized and secure solution that is not subject to the same risks and vulnerabilities as traditional banking systems. The collapse of banks and the increasing level of government control over financial systems is causing more and more people to seek out alternative means of financial management. TROPTIONS provides a secure, decentralized, and stable option for those who are looking for an alternative to traditional banking.

Moreover, TROPTIONS is not just a currency, but it is also an ecosystem that offers a wide range of products and services. The TROPTIONS ecosystem includes a marketplace, a wallet, and even a real estate division. This means that users of TROPTIONS have access to a comprehensive suite of tools and resources that make it easier to use and manage their cryptocurrency investments.

In conclusion, TROPTIONS tokens stand out from other cryptocurrencies in many ways. It is a practical and useful utility token that has real-world applications and uses. TROPTIONS also offers a strong focus on education and community building, which makes it more accessible and user-friendly. As the banking system becomes increasingly unstable, TROPTIONS provides a secure and stable alternative for those who are looking for an alternative means of financial management. With its ecosystem of products and services, TROPTIONS is a comprehensive solution for cryptocurrency users.

TROPTIONSXCHANGE.Io

Why TROPTIONS Tokens Stand Out: The Rise of Practical and Secure Cryptocurrency

Discover the Advantages of TROPTIONS Tokens over Other Cryptocurrencies

#TROPTIONS #Cryptocurrency #Blockchain #UtilityToken #SecurePayment #Decentralization

TROPTIONS Tokens, Cryptocurrency, Blockchain, Utility Token, Secure Payment, Decentralization, Banking System, Alternative Financial Management

Big news from Taiwan: the country's top financial regulator has been announced as the main body to oversee the crypto industry in the country. This move comes as many crypto companies and exchanges are calling for more clarity and friendlier regulations in the country.

The Financial Supervisory Commission (FSC) will oversee crypto payments and transactions initially, and the official announcement on naming the financial regulator as the crypto regulatory body could come as early as the end of March. The FSC is also working with industry representatives on "self-regulation measures."

However, NFTs or "non-fungible tokens" will not come under its crypto regulatory oversight as they are still emerging as an asset class and would be regulated later if required.

It's worth noting that Taiwan had previously taken a strict approach towards crypto, banning credit card use for crypto purchases last year due to risks associated with virtual assets. But with increased crypto activity in the country after China's crypto crackdown in 2021, the demand for clearer regulations and oversight has grown.

Many crypto companies, including Binance Holdings, Matrixport Technologies, and Woo Network LLC, sent a joint paper urging regulators for more friendly regulation that provides clarity for companies operating in Taiwan. They argue that unclear rules and categorizations can make it confusing for business operators, authorities, and customers.

The FSC's Banking Bureau is working on regulatory changes and consulting with crypto exchange operators on crypto regulations. Crypto exchanges providing virtual asset trading services will be the first to be regulated under the FSC.

It will be interesting to see how Taiwan's approach towards crypto regulation evolves in the coming months, especially as other countries in the region are taking active stances towards regulating the industry. Singapore proposed tighter rules on retail crypto trading, while Hong Kong aims to become a crypto hub with crypto-friendly regulations.

What are your thoughts on Taiwan's move to increase oversight on the crypto industry? Do you think clearer regulations and oversight will help the industry grow and thrive in the country? Let me know in the comments below!

Cryptocurrencies have become increasingly popular in recent years, with more people looking to invest in them. However, not all cryptocurrencies are created equal, and there are differences between speculative crypto on exchanges and decentralized tokens such as TROPTIONS. In this blog post, we'll explore the differences between these two types of digital assets and which one is best for everyday use.

Speculative Crypto on Exchanges

Speculative cryptocurrencies are those that are traded on exchanges and are mainly used for investment purposes. These cryptocurrencies are typically not backed by any asset, and their value is determined by market demand and supply. Some examples of speculative cryptocurrencies include Bitcoin, Ethereum, and Litecoin.

These cryptocurrencies are subject to high volatility, and their value can fluctuate rapidly. As a result, they are not ideal for everyday use, as they may not maintain their value for long periods.

TROPTIONS Tokens on the Bitcoin Blockchain

TROPTIONS tokens, which operate on the Bitcoin blockchain, are a decentralized digital asset that stands apart from speculative cryptocurrencies. Unlike speculative cryptocurrencies, TROPTIONS tokens have true underlying value as they have acquired tangible assets like real estate, precious metals, and other valuable items. This results in a more stable investment that is less likely to experience wild fluctuations in value, making it a sound choice for investors.

TROPTIONS tokens can be used for everyday transactions, such as purchasing goods and services online. This is because they are not subject to the same level of volatility as speculative cryptocurrencies, and their value is more likely to remain stable over time.

Main Differences between Speculative Crypto on Exchanges and TROPTIONS Tokens

The main difference between speculative cryptocurrencies and TROPTIONS tokens is their level of volatility. Speculative cryptocurrencies are highly volatile, and their value can fluctuate rapidly, making them less suitable for everyday use. In contrast, TROPTIONS tokens are backed by tangible assets and are less likely to experience the same level of volatility.

Another significant difference between the two is their level of decentralization. While speculative cryptocurrencies are decentralized, they are typically controlled by large mining pools or exchanges. In contrast, TROPTIONS tokens are completely decentralized and operate on the Bitcoin blockchain.

Which One is Best for Everyday Use?

When it comes to everyday use, TROPTIONS tokens are likely to be a better choice than speculative cryptocurrencies. This is because they are more stable and less likely to fluctuate in value, making them a more reliable form of payment for goods and services.

In addition, TROPTIONS tokens are more secure and less susceptible to hacking and other security breaches, as they are decentralized and operate on the Bitcoin blockchain.

In conclusion, while speculative cryptocurrencies may offer significant investment opportunities, they are not ideal for everyday use. TROPTIONS tokens, on the other hand, are more stable, secure, and suitable for everyday transactions, making them a better choice for those looking to use digital assets for practical purposes.

TROPTIONSXCHANGE.Io

Have you heard about the recent study conducted by economists that has revealed 186 US banks are at risk of collapse due to increasing interest rates and potential customer withdrawals? It's a chilling reality that's difficult to ignore.

The study evaluated individual US banks during the Federal Reserve's swift rate-hike campaign, assessing asset books and market value losses. These assets, including Treasury notes and mortgage loans, are decreasing in value, leaving banks struggling to keep up. It's a recipe for disaster that could be the beginning of the end for many financial institutions.

To make matters worse, the study also analyzed the banks' funding percentages, with a focus on funding derived from uninsured depositors, those with accounts holding over $250,000. If even half of these uninsured depositors were to withdraw their funds rapidly from any of these 186 US banks, even insured depositors may face impairments. It's a ticking time bomb that could spell disaster for the entire banking industry.

But what about the Federal Deposit Insurance Corporation (FDIC)? This government agency provides insurance to depositors in case of bank failure. However, if half of the uninsured depositors were to withdraw their funds, even the FDIC may not have enough resources to protect all depositors. The question is, will it be enough to prevent a catastrophic collapse of the banking system?

It's essential to note that there is a significant limitation in this research. The study does not consider hedging strategies that may safeguard numerous banks against rising interest rates. These strategies involve financial instruments that protect against losses in value due to market fluctuations. Is there a glimmer of hope for the banking industry, or is it too little too late?

This study highlights the urgency of regular financial stability assessments and the importance of informed decisions by depositors when choosing a banking institution. So, what can you do to protect your hard-earned money? Start by doing your research and choosing a bank with a solid financial history and a sound strategy for managing risk.

Coinbase's Chief Legal Officer (CLO), Paul Grewal, has stated that the relisting of XRP, Ripple's native token, will depend on the legal reasoning behind the judge's ruling in the ongoing lawsuit with the US Securities and Exchange Commission (SEC), as well as Coinbase's assessment of the situation. Grewal made these comments during an interview with crypto-focused YouTube podcast channel, Thinking Crypto.

Grewal highlighted that Coinbase, as a publicly listed company, has a responsibility to tread carefully in this area, particularly with respect to any token that is subject to federal court litigation. He outlined three main factors that will influence Coinbase's decision to relist XRP: the legal reasoning behind the judge's ruling, the basis for the ruling, and Coinbase's assessment of whether the decision will be repealed or affirmed by the appeal court.

Coinbase suspended trading for XRP on its platform on December 28, 2020, shortly after the SEC's lawsuit against Ripple began on December 26, 2020. Despite the dynamics of the two-year litigation, Coinbase has not resumed trading for XRP, although the asset can still be found on the platform.

During the interview, Grewal commended Ripple's defense efforts against the SEC's charges and noted that Coinbase filed an amicus brief in Ripple's favor last year because he was completely persuaded by the Ripple defense's argument. He further mentioned that he hopes the court sees that the SEC has some holes in its theories. However, he asserted that the case could last much longer because whoever loses will take up the judgment in the appeal court.

Coinbase has had its legal run-ins with the SEC as the agency classifies some of its listed assets as securities. The exchange has delisted tokens such as Civic (CVC) and district0x (DNT) due to regulatory concerns.

Coinbase's decision to relist XRP will likely be influenced by the SEC's classification of XRP as a security, a claim that Ripple has vehemently denied. If Ripple wins the lawsuit, it could have significant implications for the wider cryptocurrency industry, particularly with respect to the classification of cryptocurrencies as securities. Nonetheless, it remains to be seen how the lawsuit will play out and what impact it will have on Coinbase's decision to relist XRP.

Will Coinbase relist XRP?

A web3 marketing company can help your blockchain project stand out in a crowded marketplace by developing and executing effective marketing strategies that target the right audiences. This may include creating a strong visual identity and brand messaging that resonates with web3 enthusiasts, developing content that showcases the unique value proposition of your project, leveraging social media and community channels to reach and engage your target market, and building partnerships with other web3 projects to expand your reach. Additionally, a web3 marketing company can provide valuable insights and feedback on your project's marketing and branding efforts, helping to refine your approach and ensure your success in a competitive market.

Read More: https://bit.ly/web3-marketing-company

The much-anticipated beta version of Shibarium blockchain's layer 2 network is set to be launched this week, according to Shiba Inu developers. The layer 2 network will utilize off-chain solutions to reduce bottlenecks in scaling and data by bundling multiple off-chain transactions into a single layer 1 transaction, resulting in reduced data load and fees. Shibarium aims to focus on metaverse and gaming applications, in addition to its use as a cheap settlement for dApps built on the network.

The expected launch of the beta version could contribute to strong fundamentals for shiba inu, which was formed in the previous bull market as a Shiba Inu-themed meme coin. The project has since tried to establish itself as a serious player with its own blockchain network and dApp ecosystem. Shibarium is expected to enhance the capabilities of the Shiba Inu ecosystem, and the confirmation of the beta version launch led to a rise in ecosystem tokens. Bone (BONE) surged by as much as 8.8%, while Leash (LEASH) rose 4.4% over the past 24 hours. Both these tokens will play significant roles in the Shibarium ecosystem.

However, the native shib (SHIB) tokens fell 3.3% despite an initial price bump. The development team's focus on metaverse and gaming applications through Shibarium and its use as a cheap settlement for dApps has led to renewed interest in shiba inu, as the NFT sector is expected to heat up in the coming years. Shibarium's successful launch could further establish the project's position in the crypto ecosystem and could have a positive impact on the performance of shiba inu.

What do you think—can we expect a shiba inu rally in the upcoming weeks?