Here's the most recent fintech, crypto and blockchain news from all around the globe:
Sorted by last update
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 ð
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):
ACTION | POINTS |
---|---|
New Visit | |
Follow Content | |
Follow Member | |
Post Blog Post | |
Post Topic | |
Post Event | |
Post Survey | |
Post Resource | |
Post Comment/Reply | |
Post Chat Message | |
Vote on Survey | |
RSVP To Calendar Event | |
Purchase Premium Membership | |
React To Post | |
Author Has Content Featured | |
Author Has Post Reacted To By Someone | |
Author's Content Receives New Follower | |
Share Content | |
Member Invitation Accepted |
Don't forget that you can invite new members to our community and help it grow while collecting points for each invited member! ðĪŠ
The regular crypto giveaway will be in the form of weekly Cardano (ADA) and monthly Ripple (XRP) prizes! ðð
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! ððĪ
Good luck to everyone! ð
PayPalâs cryptocurrency enters the top 100 of the most valuable cryptocurrencies. PYUSD has increased its market capitalization by 1400% since its launch.
PYUSD, the digital currency created by the PayPal payments platform, has today entered the list of the 100 cryptoassets with the largest market capitalization. The cryptoasset achieved this milestone by reaching a new all-time high in capitalization today of $630 million (USD). The number implies a 1,400% increase since its launch almost a year ago, in August 2023.
PYUSD currently ranks as the 100th largest cryptoasset. Thus, it gains power among the stablecoins in the market, strengthening itself as the sixth largest capitalization, as shown in the table.
PYUSD is a stablecoin, so its price is always $1. The increase in market cap implies that there has been a vast token issuance.
The increase in capitalization has come amid an increase in its use on the lending platform Kamino Finance, which offers rewards by depositing the PayPal stablecoin. As communicated by the app, it has experienced a weekly growth in returns from 490,000 PYUSD to 760,000 PYUSD. Kamino Finance clarified in the announcement that rewards go up with inflows, so they will continue to rise if usage grows. The announcement arrived two months after PYUSD went live in Solana, home of the lending platform. At the moment, PYUSDâs supply in Solana is USD 260 million. With such traction, 42% of the stablecoin supply is now on this network, as the following graph exhibits. Meanwhile, as CryptoNews reported, the rest is on Ethereum, where it continues to lose dominance.
Adding to this, the financial app GCrypto provides the option to make PYUSD transactions via Solana. The functionality comes a week after the cryptoasset exchange Crypto.com did the same. Thus, the stablecoin is gaining capitalization as new initiatives enable its adoption via Solana.
Amid a market revitalization that has brought the capitalization of stablecoins to USD 164 million, organizations such as the Bank for International Settlements (BIS) are looking at how to monitor the sector. In an announcement made this July 31, the BIS has launched a project that allows stablecoin reserves to be monitored in real-time.
The idea is to exert more control over the cryptocurrency sector, putting special interest in assets backing stablecoins, which remain a controversial sector in the industry. To this end, they are working on the development of Pyxtrial, âa prototype analytics channel that facilitates data collection, storage, and analysis.â The goal of this project is to provide supervisors and regulators in the cryptocurrency sector with information about stablecoin liabilities and their backing assets.
Adopting Pyxtrial can help supervisors receive more frequent and fully automated reports. This improves the efficiency and responsiveness of the monitoring process, helping supervisors to respond more quickly to potential risks.
BIS report
The BIS adds that with Pyxtrial they seek to verify that the assets of the issuing companies exceed the liabilities and that the amount of backing is greater than the issuance of coins. They point out that the prototype is designed so that its technical components (APIs, integration layer, data model, data storage solution, and control panel) can be reused. However, the tool is still in the testing phase before being deployed in the market and will require staff training.
The unveiling of the new BIS tool comes when regulators in several countries continue to raise concerns about the validity of the reserves that stablecoin issuers claim back their holdings. It has been one of the controversies that has dogged Tether, the issuer of the marketâs dominant stablecoin. Authorities accused the company of not being transparent about backing the dollar-anchored currency.
In 2021, Tether settled with New York legal authorities, paying a fine of USD 18.5 million and the obligation to file quarterly reports reflecting its financial operations. This after being sued by the authorities in that state. According to its website, most are cash reserves, cash equivalents, and other short-term deposits. In total, these three assets represent 85% of the companyâs reserves. BISâs plan, with its new tool, is to give the authorities the possibility of auditing the information provided by the issuing companies.
Pyxtrialâs presentation comes in an environment characterized by significant growth in stablecoin trading, following the decline it experienced with the collapse of Terra in 2022. According to data source DefiLlama, the capitalization of stablecoins had remained sideways at around $160 billion.
âThe increase in stablecoin supply indicates that money is being deposited into blockchain ecosystems to generate economic activity, either through outright purchases or yield-generating strategies that could improve liquidity,â says the firm Wintermute. Such a development is possibly raising alarm bells for regulators, who have always expressed fears that stablecoins will destabilize the global financial system. As a sign of this fear, not only tools such as those of the BIS emerge but also laws such as MiCA, the new regulation implemented in the European Union that seeks to limit the circulation of this type of currency in the region.
MBBS in UK in 2024 offers a prestigious and globally recognized medical education. The UK is home to some of the world's leading medical schools, renowned for their cutting-edge research, innovative teaching methods, and comprehensive clinical training.
My name is Carol Mary and I am writing to you today to humbly request your emergency support. I am currently facing a difficult situation due to being unemployed.
I was recently laid off from my position. I have been unemployed for almost 3 months and my savings have run out.
I am currently struggling to pay my rent and facing the risk of eviction. I am hoping to raise $2500 to cover my next month's rent and utilities.
USDT(TRC20)
TZGSSCPpkKfmWEXyDQBa2fN2Sz9s3nszbx
USDT(ERC20)
0xFF8d2D9361c9306dE747A4343eD831f0E067638D
I am actively applying for jobs and attending job fairs. I am also working on improving my resume and acquiring new skills to strengthen my candidacy.
Even a small contribution would make a significant difference in helping me get back on my feet. Thank you for your time and consideration.
Regards
Carol Mary
Crypto arbitrage trading bot development refers to the process of creating a software application that utilizes algorithms to identify and exploit price differences in the same cryptocurrency across multiple exchanges. These bots are designed to execute trades automatically, allowing traders to profit from minor price variations or imbalances between assets listed on different exchanges
Price Monitoring: The bot needs to monitor the prices of the same cryptocurrency pair on different exchanges. It should be able to identify price disparities and take advantage.
Speed: The bot should be able to execute trades quickly. The faster the bot can identify an arbitrage opportunity and execute trades, the more profitable.
Exchange Integration: The bot should be able to interact with different cryptocurrency exchanges. It needs to be able to place buy and sell orders on these exchanges and retrieve information about the prices of different cryptocurrency pairs.
Arbitrage Strategy: The bot should implement a specific arbitrage strategy. This could be a simple strategy, like buying a cryptocurrency on an exchange where it's cheaper and selling it on an exchange where it's more expensive, or a more complex strategy, like using multiple exchanges to create a triangle of trades.
Risk Management: The bot should have some form of risk management built into it. This could be as simple as setting a maximum amount of money that the bot can trade at once, or it could involve more complex risk management strategies.
User Interface: The bot should have a user-friendly interface that allows users to easily set up and manage their trading bots. This could include features like the ability to set trading rules, view the bot's performance, and monitor its activity.
API Integration: The bot should be able to interact with the APIs of different cryptocurrency exchanges. This allows the bot to retrieve information about the prices of different cryptocurrency pairs, and to place buy and sell orders.
Logging and Reporting: The bot should keep a log of all its activities and provide detailed reports. This can help users to understand how the bot is performing and to identify any issues.
In conclusion, Opris Exchange is a leading provider of crypto arbitrage trading bot development services. They offer advanced multi-functional crypto arbitrage trading bots that can help businesses maximize their profits by taking advantage of price differences across various exchanges. Their services also include 24/7 automated trade monitoring, no-fee trading, and custom strategies designed to suit your trading goals. Whether you're an entrepreneur, a startup, or an existing business looking to expand your crypto trading operations, Opris Exchange can help you achieve your trading goals.
There are many professional SEO services and agencies in the USA that can help businesses improve their online visibility, organic search rankings, and overall web presence. The best service for your business will depend on your specific needs, goals, and budget. Here are some well-known professional SEO agencies in the USA:
London is home to a vibrant and diverse digital marketing industry, with numerous agencies specializing in various aspects of online marketing. Below is a list of some well-known digital marketing agencies London as of my last knowledge update in January 2022. Please note that this information might have changed, and new agencies may have emerged since then. It's essential to research and contact agencies directly to get the most up-to-date information:
iProspect: A global digital performance marketing agency with offices in London, iProspect offers a range of digital marketing services, including SEO, paid search, content marketing, and more.
Blueclaw: A digital marketing agency specializing in SEO, content marketing, and digital PR. They work with clients in various industries, including e-commerce, gaming, and finance.
Croud: Croud is a digital marketing agency offering services like PPC, SEO, and content marketing. They have a presence in London and offices in other locations worldwide.
Digital marketing agencies are companies or firms that specialize in providing a range of online marketing services to businesses and organizations. These agencies help their clients develop and implement digital marketing strategies to promote their products or services, increase brand awareness, and reach their target audience on the internet. Some of the key services offered by digital marketing agencies include:
Search Engine Optimization (SEO): SEO involves optimizing a website's content, structure, and backlinks to improve its visibility on search engines like Google. The goal is to increase organic (non-paid) traffic to a website.
Pay-Per-Click (PPC) Advertising: PPC campaigns, such as Google Ads or Bing Ads, allow businesses to pay for ads that appear at the top of search engine results pages and on various websites. Advertisers pay when users click on their ads.
Social Media Marketing: This includes creating and managing social media profiles on platforms like Facebook, Twitter, Instagram, and LinkedIn. Agencies help businesses develop content, engage with their audience, and run paid advertising campaigns on social media.
Tron is a stable blockchain platform that includes the TRC10 and TRC20 token standards for Tron token development. Comparing these two, TRC20 is the best token standard of Tron and is highly preferred for crypto token development.
In simple, TRC20 is a technical token standard that is based on the implementation of smart contracts using the TRON network to issue the token. Creating the TRC20 token is more advantageous due to its higher bandwidth and energy and also, and TRC20 tokens are easy and affordable to create.
Excellent Features of TRC20 tokens -
While speaking of token creation, every person will doubt on the development cost that TRC20 developing cost will be high but it is not true. Comparing other tokens, the development cost of TRC20 will be very low.
But however, it is determined based on some common factors like,
Besides, the cost range varies by business model, duration, and needs. So if you wish to create TRC20 tokens at an affordable price for your business, then reach out to the best TRC20 token development company. Their team of skilled experts will craft your TRC20 tokens with the latest features.
Create TRC20 Token and initiate fundraising process..!
Have you ever questioned why corporate titans do not hold positions that are lower than the very best? They frequently stick to the top ICO marketing firms to spread the word about their initial coin offering platform. If you have the greatest knowledge on hand, promoting your ICO through a variety of effective marketing techniques is frequently not a laborious procedure. Remove tactics like website creation, SEO, blogging, content marketing, community marketing, video marketing, social media marketing, influencer marketing, PR release, e-mail marketing, and so forth. Therefore, you may grow your business by attracting more customers and generating money for emerging cryptocurrency ventures.
Have you ever questioned why corporate titans do not hold positions that are lower than the very best? They frequently stick to the top ICO marketing firms to spread the word about their initial coin offering platform. If you have the greatest knowledge on hand, promoting your ICO through a variety of effective marketing techniques is frequently not a laborious procedure. Remove tactics like website creation, SEO, blogging, content marketing, community marketing, video marketing, social media marketing, influencer marketing, PR release, e-mail marketing, and so forth. Therefore, you may grow your business by attracting more customers and generating money for emerging cryptocurrency ventures.
USDT and USDC.
USDT: is extremely liquid and consists the perfect intermediary coin for fast trading transactions and shorting. But could be risky for long term holds as it can suddenly drops and loses its per tether value.
USDC: is audited unlike USDT and is pegged to the US dollar USD, each USDC is pegged to one USD held in reserve making it more solvent and more trustworthy than USDT and more convenient for long term holds with very minimal risks.
#Tether $USDT is going through a legal ordeal accused of printing money and market manipulation. Holding #USDT on the long term can be bit risky now but for the short term that's fine for quick exchanges. Remember if Tether gets hit by a lawsuit the entire #crypto market will crash BIG!
Cryptocurrency Hub is an online community platform that covers a plethora of topics related to cryptocurrency and blockchain technology.
We have specialized discussions board related to Bitcoin (BTC) and to the best altcoins currently being traded in the crypto space such as Ethereum (ETH), Ripple (XRP), Litecoin (LTC), Cardano (ADA) and many others!
This is in addition to boasting a variety of other crypto related subjects such as blockchain tech, decentralization, crypto trading and mining, technical analysis, jobs in the fintech space, etc.
We would love to welcome you as an active member of our ever growing online community of crypto enthusiasts, investors, traders, entrepreneurs, businesses and influencers and we genuinely hope you will enjoy your time with us and contribute positively to cryptocurrency and blockchain mass awareness and adoption!