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PARK IDO starts July
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โAre you ready to trade your way to the top? ๐โฌ๏ธ
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Surely you are. Challenge your trading skills at the tournament by Sunflower Corporation โ a new deep liquidity ecosystem focused on crypto derivatives. Make a deposit of $100 and trade for two weeks. Who makes the most profit (PnL, %) will win.
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โ Prize pool of up to $10,000
โ 30 winners
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Trade futures on trending and exotic cryptocurrencies with leverage up to ั 20.
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โโDeloitte and NYDIG set up alliance to help businesses adopt Bitcoin.
Deloitte wants to enable blockchain and digital asset-based services across many areas involving Bitcoin products like banking, rewards programs and others.
Professional services giant Deloitte is getting increasingly serious about Bitcoin (BTC) amid the ongoing market downturn, setting up a major initiative to promote BTC adoption.
Deloitte has partnered with the Bitcoin-focused financial services firm, New York Digital Investment Group (NYDIG), to help companies of all sizes implement digital assets.
According to a joint announcement on Monday, NYDIG and Deloitte are launching a strategic alliance to create a centralized approach for clients seeking advice to adopt Bitcoin products and services.
The companies will work together to enable blockchain and digital asset-based services across multiple areas involving Bitcoin-related products, including banking, loyalty and rewards programs, employee benefits and others.
According to the announcement, global financial institutions and banks have been facing an increasing demand to provide trusted exposure to Bitcoin. The alliance between Deloitte and NYDIG aims to help accelerate adoption while ensuring compliance, Deloitte's digital assets banking regulatory practice lead Richard Rosenthal said, adding:
"The future of financial services will center around the use of digital assets, and we are focused on advising our clients on ways to engage in a regulated and compliant way.โ
Rosenthal told Cointelegraph that the partnership became active on June 21. The launch comes amid a major drop in cryptocurrency prices, with Bitcoin losing about 50% of its value since the beginning of 2022. "We take a longer view and expect that many companies will continue to build out their own digital asset infrastructure and products," the executive noted.
The news comes months after NYDIG launched a benefits program allowing employees to convert a portion of their paychecks into Bitcoin in February 2022. The company previously raised $1 billion in equity investment in late 2021, bringing NYDIGโs valuation to roughly $7 billion.
Deloitte wants to enable blockchain and digital asset-based services across many areas involving Bitcoin products like banking, rewards programs and others.
Professional services giant Deloitte is getting increasingly serious about Bitcoin (BTC) amid the ongoing market downturn, setting up a major initiative to promote BTC adoption.
Deloitte has partnered with the Bitcoin-focused financial services firm, New York Digital Investment Group (NYDIG), to help companies of all sizes implement digital assets.
According to a joint announcement on Monday, NYDIG and Deloitte are launching a strategic alliance to create a centralized approach for clients seeking advice to adopt Bitcoin products and services.
The companies will work together to enable blockchain and digital asset-based services across multiple areas involving Bitcoin-related products, including banking, loyalty and rewards programs, employee benefits and others.
According to the announcement, global financial institutions and banks have been facing an increasing demand to provide trusted exposure to Bitcoin. The alliance between Deloitte and NYDIG aims to help accelerate adoption while ensuring compliance, Deloitte's digital assets banking regulatory practice lead Richard Rosenthal said, adding:
"The future of financial services will center around the use of digital assets, and we are focused on advising our clients on ways to engage in a regulated and compliant way.โ
Rosenthal told Cointelegraph that the partnership became active on June 21. The launch comes amid a major drop in cryptocurrency prices, with Bitcoin losing about 50% of its value since the beginning of 2022. "We take a longer view and expect that many companies will continue to build out their own digital asset infrastructure and products," the executive noted.
The news comes months after NYDIG launched a benefits program allowing employees to convert a portion of their paychecks into Bitcoin in February 2022. The company previously raised $1 billion in equity investment in late 2021, bringing NYDIGโs valuation to roughly $7 billion.
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โโBasel Committee wants to limit banks' digital asset exposure to just 1% of equity.
Volatile cryptocurrencies such as Bitcoin would also be subjected to a 1,250% risk premium.
On Thursday, the Basel Committee on Banking Supervision suggested during its second consultation on the prudential treatment of crypto-asset exposures that banks limit their exposure to so-called Group 2 crypto assets to just 1% of their Tier 1 capital.
Group 1 digital assets consist of tokenized traditional assets, such as synthetic stocks, or those with effective stabilization mechanisms, such as regulated stablecoins. Under the new proposal, Group 1 digital assets would be subject to at least equivalent risk-based capital requirements as traditional capital assets within the current capital framework, Basel III.
However, cryptocurrencies that do not meet the above requirements will be classified as Group 2 digital assets, which would theoretically include major non-stablecoin, non-tokenized cryptocurrencies like Bitcoin (BTC) and most altcoins. Therefore, banks would only be able to commit 1% of their total equity or net asset value in either long or short positions toward Group 2 digital assets.
Moreover, the Basel Committee is considering banks adopting a 1,250% risk premium for Group 2 digital assets. In comparison, stocks typically have a 20% to 150% risk premium attached to their nominal values, depending on the company's credit rating. Under Basel III, a bank's risk-weighted assets must not surpass 10.5% of its Tier 1 capital for prudent leverage.
The move would likely severely constrain banks' ability to purchase volatile cryptocurrency in the future as, for the sake of argument, a bank would need to add $125 million worth of risk-weighted assets to its portfolio for every $10 million in Bitcoin purchased, making them far less lucrative than assets with less risk-weighting premiums. Basel III is an international regulatory accord that nearly all financial institutions in developed countries must abide by and is enforced by law.
Volatile cryptocurrencies such as Bitcoin would also be subjected to a 1,250% risk premium.
On Thursday, the Basel Committee on Banking Supervision suggested during its second consultation on the prudential treatment of crypto-asset exposures that banks limit their exposure to so-called Group 2 crypto assets to just 1% of their Tier 1 capital.
Group 1 digital assets consist of tokenized traditional assets, such as synthetic stocks, or those with effective stabilization mechanisms, such as regulated stablecoins. Under the new proposal, Group 1 digital assets would be subject to at least equivalent risk-based capital requirements as traditional capital assets within the current capital framework, Basel III.
However, cryptocurrencies that do not meet the above requirements will be classified as Group 2 digital assets, which would theoretically include major non-stablecoin, non-tokenized cryptocurrencies like Bitcoin (BTC) and most altcoins. Therefore, banks would only be able to commit 1% of their total equity or net asset value in either long or short positions toward Group 2 digital assets.
Moreover, the Basel Committee is considering banks adopting a 1,250% risk premium for Group 2 digital assets. In comparison, stocks typically have a 20% to 150% risk premium attached to their nominal values, depending on the company's credit rating. Under Basel III, a bank's risk-weighted assets must not surpass 10.5% of its Tier 1 capital for prudent leverage.
The move would likely severely constrain banks' ability to purchase volatile cryptocurrency in the future as, for the sake of argument, a bank would need to add $125 million worth of risk-weighted assets to its portfolio for every $10 million in Bitcoin purchased, making them far less lucrative than assets with less risk-weighting premiums. Basel III is an international regulatory accord that nearly all financial institutions in developed countries must abide by and is enforced by law.
With Pledged Capital, you can do crowdfunding with Blockchain technology, and interact with smart contracts easily.
Startups can make road maps and timelines based on their actual capacity and performance targets, determining measurable criteria for paying on only fulfillable promises.
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Startups can make road maps and timelines based on their actual capacity and performance targets, determining measurable criteria for paying on only fulfillable promises.
Pledged Capital manages ICO funding post-raise with micropayments and unparalleled investor oversight.
We are a Behavioral Oracle fueled crowdfunding platform, that provides real and fair allocation for a milestones fund release system, connected to DAO that controls payout.
We are making use of smart NFT as proof of participation, tiered chat access, and control flow of vested tokens.
๐ฅJoin the ongoing Pledged Capital IEO on P2PB2B right away: p2pb2b.com/token-sale/GAIN-420/
๐More info: pledged-capital.app/
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โโBinance users support 0-fee trading despite CZ's wash trading concerns.
CZ is open to implementing the changes regardless of the challenges that a new system would bring, as he said, โLetโs see what the poll say. We listen to our users.โ
Both traditional and crypto investors consider trading fees as one of the most significant liabilities when it comes to investing over exchanges. So no wonder when Changpeng โCZโ Zhao, the founder and CEO of Binance, asked investors about their interest in trading on the crypto exchange with no fees, the response was a resounding yes despite the inherent risks pointed out by the entrepreneur.
Binance stands as the biggest crypto exchange, outdoing its nearest competition FTX by 10x in terms of the trading volume. Zhao, known for implementing features based on community feedback, reached out over Twitter to gauge investor sentiment regarding the complete removal of trading fees.
While 0-fee trading may seem ideal for investors, CZ pointed out some of the issues it may sprout in the process โ one of them being wash trading. Wash trading, wherein a user makes a series of buys and sells to manipulate market activity, can be used to go up the VIP tiers on Binance.
Moreover, CZ stated that bringing 0-fee trading to the masses will require Binance to implement numerous safeguards, which include detection tools for identifying illegitimate trades. Each VIP tier is tied to certain trading benefits including lower trading fees. As a result, professional poker player Brian Rast asked โSo if there are no fees, why do you need VIP tiers?โ
Over 30,600 investors voted on CZโs poll at the time of writing โ with around 65.5% inclined to trade with no fee whatsoever. CZ is open to implementing the changes regardless of the challenges that a new system would bring:
โLet's see what the poll say. We listen to our users.โ
Binance continues to spread its roots across the world as it steadily acquires registrations and operational licenses from regulators.
Maintaining its expansion streak, Binanceโs Spanish subsidiary, Moon Tech Spain, got registered as a VASP by Spainโs central bank on Thursday.
CZ is open to implementing the changes regardless of the challenges that a new system would bring, as he said, โLetโs see what the poll say. We listen to our users.โ
Both traditional and crypto investors consider trading fees as one of the most significant liabilities when it comes to investing over exchanges. So no wonder when Changpeng โCZโ Zhao, the founder and CEO of Binance, asked investors about their interest in trading on the crypto exchange with no fees, the response was a resounding yes despite the inherent risks pointed out by the entrepreneur.
Binance stands as the biggest crypto exchange, outdoing its nearest competition FTX by 10x in terms of the trading volume. Zhao, known for implementing features based on community feedback, reached out over Twitter to gauge investor sentiment regarding the complete removal of trading fees.
While 0-fee trading may seem ideal for investors, CZ pointed out some of the issues it may sprout in the process โ one of them being wash trading. Wash trading, wherein a user makes a series of buys and sells to manipulate market activity, can be used to go up the VIP tiers on Binance.
Moreover, CZ stated that bringing 0-fee trading to the masses will require Binance to implement numerous safeguards, which include detection tools for identifying illegitimate trades. Each VIP tier is tied to certain trading benefits including lower trading fees. As a result, professional poker player Brian Rast asked โSo if there are no fees, why do you need VIP tiers?โ
Over 30,600 investors voted on CZโs poll at the time of writing โ with around 65.5% inclined to trade with no fee whatsoever. CZ is open to implementing the changes regardless of the challenges that a new system would bring:
โLet's see what the poll say. We listen to our users.โ
Binance continues to spread its roots across the world as it steadily acquires registrations and operational licenses from regulators.
Maintaining its expansion streak, Binanceโs Spanish subsidiary, Moon Tech Spain, got registered as a VASP by Spainโs central bank on Thursday.
โUtopia P2P beta for mobile is available on early access [Android OS]
๐Utopia P2P continues to surprise users with its novelties!
Most people know Utopia P2P for PC with various built-in tools for messaging, browsing, file transfer, online payments, etc.
Recently, Utopia P2P has released its beta version for mobile to ensure users with a pocket application for communication on Android first:
https://play.google.com/store/apps/details?id=is.u.utopia
What should you pay attention to?
๐Utopia P2P is a Web 3.0 decentralized network with a strong foundation basis:
- A ready-to-work product, especially a PC version of Utopia P2P
- Conduction of weekly marketing advertising campaigns
- CRP Listings on major crypto exchanges
- Proof-of-Stake rewards that add to each user's Minimum Monthly Balance
- Release of the Utopia P2P beta for mobile on Android
- Upcoming Launchpad release ๐ฅ
Upcoming release of anonymous NFT marketplace ๐ฅ
๐ฉโ๐ปJoin the Utopia P2P community and enjoy the benefits of the decentralized network for both PC and mobile devices!
Utopia P2P: https://u.is/en/
Telegram: https://t.me/utopiachatoff
๐Utopia P2P continues to surprise users with its novelties!
Most people know Utopia P2P for PC with various built-in tools for messaging, browsing, file transfer, online payments, etc.
Recently, Utopia P2P has released its beta version for mobile to ensure users with a pocket application for communication on Android first:
https://play.google.com/store/apps/details?id=is.u.utopia
What should you pay attention to?
๐Utopia P2P is a Web 3.0 decentralized network with a strong foundation basis:
- A ready-to-work product, especially a PC version of Utopia P2P
- Conduction of weekly marketing advertising campaigns
- CRP Listings on major crypto exchanges
- Proof-of-Stake rewards that add to each user's Minimum Monthly Balance
- Release of the Utopia P2P beta for mobile on Android
- Upcoming Launchpad release ๐ฅ
Upcoming release of anonymous NFT marketplace ๐ฅ
๐ฉโ๐ปJoin the Utopia P2P community and enjoy the benefits of the decentralized network for both PC and mobile devices!
Utopia P2P: https://u.is/en/
Telegram: https://t.me/utopiachatoff
โโLiquidity protocol uses stablecoins to ensure zero impermanent loss.
The cross-chain liquidity protocol has put a special focus on user experience with a simple user interface that doesnโt require dealing with complex virtual networks.
At a time when decentralized finance (DeFi) protocols have seen a significant outflow of funds from the market, maintaining liquidity has become even more challenging. Liquidity plays a central role in the DeFi ecosystem, and many protocols have, over time, come up with various new solutions to keep liquidity pools brimming. The latest trend in the liquidity market is focused on cross-chain solutions.
Many experts believe cross-chain solutions are the future of DeFi, and liquidity protocol Symbiosis Finance has come up with its own stablecoin-based cross-chain liquidity solution. The protocol uses stablecoins to ensure liquidity providers (LPs) donโt incur any impermanent loss.
Nick Avramov, co-founder of Symbiosis, told Cointelegraph that the protocol has secured initial liquidity from Binance Labs, Blockchain, Amber and a few others, and is hoping to gain more LPs once it hits a transaction volume of around $100 million.
Regarding the importance of using stablecoins instead of different crypto assets, Avramov explained that stablecoins not only help eliminate impermanent loss but also ensure seamless transactions across different blockchain platforms, allowing for one-click swaps. Avramov explained:
โWe enable native assets swaps, not just pegged illiquid yet-another USDTxyz.โ
Symbiosis Finance supports cross-chain swaps between any blockchain that enables the generation of EdDSA and ECDSA keys. This effectively means anyone can exchange, for example, an ERC-20 token for tokens on Solana, Polygon or BNB Smart Chain. Regarding the future of Web3, Avramov said:
โThe quest of interoperability is vital for further adoption, so cross-chain and multichain solutions are the very building blocks of the Web3 economy.โ
The cross-chain liquidity protocol has put a special focus on user experience with a simple user interface that doesnโt require dealing with complex virtual networks.
At a time when decentralized finance (DeFi) protocols have seen a significant outflow of funds from the market, maintaining liquidity has become even more challenging. Liquidity plays a central role in the DeFi ecosystem, and many protocols have, over time, come up with various new solutions to keep liquidity pools brimming. The latest trend in the liquidity market is focused on cross-chain solutions.
Many experts believe cross-chain solutions are the future of DeFi, and liquidity protocol Symbiosis Finance has come up with its own stablecoin-based cross-chain liquidity solution. The protocol uses stablecoins to ensure liquidity providers (LPs) donโt incur any impermanent loss.
Nick Avramov, co-founder of Symbiosis, told Cointelegraph that the protocol has secured initial liquidity from Binance Labs, Blockchain, Amber and a few others, and is hoping to gain more LPs once it hits a transaction volume of around $100 million.
Regarding the importance of using stablecoins instead of different crypto assets, Avramov explained that stablecoins not only help eliminate impermanent loss but also ensure seamless transactions across different blockchain platforms, allowing for one-click swaps. Avramov explained:
โWe enable native assets swaps, not just pegged illiquid yet-another USDTxyz.โ
Symbiosis Finance supports cross-chain swaps between any blockchain that enables the generation of EdDSA and ECDSA keys. This effectively means anyone can exchange, for example, an ERC-20 token for tokens on Solana, Polygon or BNB Smart Chain. Regarding the future of Web3, Avramov said:
โThe quest of interoperability is vital for further adoption, so cross-chain and multichain solutions are the very building blocks of the Web3 economy.โ
Today, crypto projects are multiplying at an alarming rate, but most of them are junk.
๐That's why we particularly liked Aquaris. It is the first ever project that combines advanced blockchain technology and real business. It is a bridge that connects the traditional profitable aquatic business with the blockchain world and technologies.
๐Now the guys will have a project launch on the DEX, where anyone can buy an AQS token.
๐Aquaris offers cool staking based on a real product.
In addition, the project offers a stable Staking Program based on real profitable business up to 30% (25% APY and an additional 5% is with unique Aquaris NFT).
๐ฅSo come on here ASAP - https://t.me/AquarisCommunity
๐That's why we particularly liked Aquaris. It is the first ever project that combines advanced blockchain technology and real business. It is a bridge that connects the traditional profitable aquatic business with the blockchain world and technologies.
๐Now the guys will have a project launch on the DEX, where anyone can buy an AQS token.
๐Aquaris offers cool staking based on a real product.
In addition, the project offers a stable Staking Program based on real profitable business up to 30% (25% APY and an additional 5% is with unique Aquaris NFT).
๐ฅSo come on here ASAP - https://t.me/AquarisCommunity
๐พKunciCoin Ecosystem๐น
#1 Biggest Project in Indonesia ๐ฎ๐ฉ
We Will be listed on Bybit and Gate io. Targetting 100 World Exchange๐ฅ
โ Asiaโs Hidden Gem ๐
โ Listed in 24 Top Exchanges
โ $8-10 Millions Trading Volume/Day
โ Game Studio with 20Million Downloads
โ Licensed payment gateway
โ 70+ companies in conventional business chain ready to integrate
โ 6 months old (since listed on PancakeSwap in 16 February 2022)
โ Developing AAA rate Games
KUNCI is the only Token in the world integrated with the Physical offices and Physical utilities like Theme parks Hotels apart from Virtual assets like NFT MARKET PLACE ,KUNCISCAN ,KUNCI GAMES
Apart from that we have world's top singers like Bandifanseventeen and world's top comedian MONGOLISME promoting his works through our NFT MARKET PLACE and a lot of companies associated with us
For more details
Buy Kunci here: bit.ly/GetYourKunci
Join Kunci global group
https://t.me/kunciglobalofficial
Twitter
https://twitter.com/Kuncicoinglobal?t=g27U5qkkpNdh5R3jVSBIsw&s=09
#1 Biggest Project in Indonesia ๐ฎ๐ฉ
We Will be listed on Bybit and Gate io. Targetting 100 World Exchange๐ฅ
โ Asiaโs Hidden Gem ๐
โ Listed in 24 Top Exchanges
โ $8-10 Millions Trading Volume/Day
โ Game Studio with 20Million Downloads
โ Licensed payment gateway
โ 70+ companies in conventional business chain ready to integrate
โ 6 months old (since listed on PancakeSwap in 16 February 2022)
โ Developing AAA rate Games
KUNCI is the only Token in the world integrated with the Physical offices and Physical utilities like Theme parks Hotels apart from Virtual assets like NFT MARKET PLACE ,KUNCISCAN ,KUNCI GAMES
Apart from that we have world's top singers like Bandifanseventeen and world's top comedian MONGOLISME promoting his works through our NFT MARKET PLACE and a lot of companies associated with us
For more details
Buy Kunci here: bit.ly/GetYourKunci
Join Kunci global group
https://t.me/kunciglobalofficial
https://twitter.com/Kuncicoinglobal?t=g27U5qkkpNdh5R3jVSBIsw&s=09
Telegram
KUNCI-Global Official
KunciCoin is the number one crypto asset in Indonesia which is present as a new way of tokenization for everyday life through Games, NFTs, & other utilities.
More info: bit.ly/hellokuncicoin
More info: bit.ly/hellokuncicoin
๐ฅ๐ฅDrum Rollsโฆ!๐ฅ๐ฅ
๐Cricket fans, NFT collectors and enthusiasts the time is finally here! Grab your NFTs and get ready to set the field on fire! ๐ฅ๐ฅ
The Worldโs First Play-to-earn Cricket NFT Game, the โMETA CRICKET LEAGUEโ is all set to make itโs royal entry into the realm of NFT gaming on Friday, July 22, 2022. ๐ซ
๐They got overwhelming responses for their beta launch. The players earned upto 500$ in just 2 hours.
No more waiting! Itโs time to Play! Win! & Earn!๐ฅ
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Sign up
๐๐ปhttps://www.jump.trade/?fsz=soc
For more updates join the community
๐๐ปhttps://discord.gg/GUZeKCxhuW
๐Cricket fans, NFT collectors and enthusiasts the time is finally here! Grab your NFTs and get ready to set the field on fire! ๐ฅ๐ฅ
The Worldโs First Play-to-earn Cricket NFT Game, the โMETA CRICKET LEAGUEโ is all set to make itโs royal entry into the realm of NFT gaming on Friday, July 22, 2022. ๐ซ
๐They got overwhelming responses for their beta launch. The players earned upto 500$ in just 2 hours.
No more waiting! Itโs time to Play! Win! & Earn!๐ฅ
๐ขAdvanced game play
๐ขPlay-to-earn using NFTs
๐ขMetaverse
๐๐ฅLaunch Date: 22/07/2022
Sign up
๐๐ปhttps://www.jump.trade/?fsz=soc
For more updates join the community
๐๐ปhttps://discord.gg/GUZeKCxhuW
โโBlockFi had $1.8B in outstanding loans in Q2.
Crypto lender BlockFi outlined the total amount of loans and net risk exposure it carried at the end of Q2 2022 and shared how it is managing liquidity and credit risk.
Centralized crypto lender BlockFi disclosed that as of the end of Q2, it had $1.8 billion in outstanding loans from institutional and retail investors and $600 million in โnet exposure.โ
The disclosure came from its Thursday โQ2 2022 Transparency Report,โ where the firm outlined its risks relating to liquidity and credit and shared details on its institutional and retail loan portfolios. Of the outstanding loans to borrowers โ valued at $1.8 billion โ the firm reported that $600 million are uncollateralized loans.
Institutional loans accounted for $1.5 billion of the total outstanding loans, while retail loans made up the remaining $300 million. The firm based its holdings and outstanding loan amounts on a Bitcoin (BTC) price of $19,986 as a reference point.
BlockFi said it has established guidelines to help it โmaintain the liquidity necessary to meet all our obligations under our core business activities, which includes institutional and retail borrowing and trading activities.โ
Those guidelines stipulate that it will hold at least 10% of the total amount due to clients upon demand in inventory, which will be ready to be returned to clients.
It will also hold at least 50% of owed funds in places that can be retrieved and returned to clients within seven days and will hold at least 90% of the total amounts owed to clients upon demand, either in inventory or in loans that can be called back within one year.
The new liquidity guidelines come a few weeks after BlockFi and crypto exchange FTXUS signed an agreement to send $400 million to BlockFi as a โcredit facilityโ with the option to acquire the firm for up to $240 million based on performance triggers.
The deal came together after major crypto investment enterprise Three Arrows Capital reportedly defaulted on its loan from BlockFi.
In a Wednesday post outlining its risk management, BlockFi explained that it only provides uncollateralized loans to borrowers it considers โTier 1โ clients.
Crypto lender BlockFi outlined the total amount of loans and net risk exposure it carried at the end of Q2 2022 and shared how it is managing liquidity and credit risk.
Centralized crypto lender BlockFi disclosed that as of the end of Q2, it had $1.8 billion in outstanding loans from institutional and retail investors and $600 million in โnet exposure.โ
The disclosure came from its Thursday โQ2 2022 Transparency Report,โ where the firm outlined its risks relating to liquidity and credit and shared details on its institutional and retail loan portfolios. Of the outstanding loans to borrowers โ valued at $1.8 billion โ the firm reported that $600 million are uncollateralized loans.
Institutional loans accounted for $1.5 billion of the total outstanding loans, while retail loans made up the remaining $300 million. The firm based its holdings and outstanding loan amounts on a Bitcoin (BTC) price of $19,986 as a reference point.
BlockFi said it has established guidelines to help it โmaintain the liquidity necessary to meet all our obligations under our core business activities, which includes institutional and retail borrowing and trading activities.โ
Those guidelines stipulate that it will hold at least 10% of the total amount due to clients upon demand in inventory, which will be ready to be returned to clients.
It will also hold at least 50% of owed funds in places that can be retrieved and returned to clients within seven days and will hold at least 90% of the total amounts owed to clients upon demand, either in inventory or in loans that can be called back within one year.
The new liquidity guidelines come a few weeks after BlockFi and crypto exchange FTXUS signed an agreement to send $400 million to BlockFi as a โcredit facilityโ with the option to acquire the firm for up to $240 million based on performance triggers.
The deal came together after major crypto investment enterprise Three Arrows Capital reportedly defaulted on its loan from BlockFi.
In a Wednesday post outlining its risk management, BlockFi explained that it only provides uncollateralized loans to borrowers it considers โTier 1โ clients.
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Have you heard yet about the most promising project of 2022 - Ampere?
TG Group: https://t.me/+O4X_L0_roKY0OGJk
TG News: @amprnetwork
Ampere is a neobank for businesses that unites fiat accounts and crypto wallets in one unique ecosystem. The goal of Ampere is to introduce crypto to the masses, so that even traditional businesses like restaurants or shops can run all their financial operations in Ampere and benefit from crypto.
Ampere allows businesses to:
โช๏ธAccept payments by cards and bank transfers in fiat or crypto
โช๏ธMake payments with fiat via SWIFT or SEPA as well as make payments by card or in crypto
โช๏ธStake on business crypto assets and uncover up to 20% interest on a business working capital
โช๏ธGenerate and send invoices to customers
โช๏ธUse mobile phone as a terminal
โช๏ธGet instant low interest loans
Join now or regret later ๐ธโณ
TG Group: https://t.me/+O4X_L0_roKY0OGJk
TG News: @amprnetwork
TG Group: https://t.me/+O4X_L0_roKY0OGJk
TG News: @amprnetwork
Ampere is a neobank for businesses that unites fiat accounts and crypto wallets in one unique ecosystem. The goal of Ampere is to introduce crypto to the masses, so that even traditional businesses like restaurants or shops can run all their financial operations in Ampere and benefit from crypto.
Ampere allows businesses to:
โช๏ธAccept payments by cards and bank transfers in fiat or crypto
โช๏ธMake payments with fiat via SWIFT or SEPA as well as make payments by card or in crypto
โช๏ธStake on business crypto assets and uncover up to 20% interest on a business working capital
โช๏ธGenerate and send invoices to customers
โช๏ธUse mobile phone as a terminal
โช๏ธGet instant low interest loans
Join now or regret later ๐ธโณ
TG Group: https://t.me/+O4X_L0_roKY0OGJk
TG News: @amprnetwork
Greetings from the GAGARIN NEWS Team๐๐ป๐ค๐ป๐๐ป
We are happy to announce our ๐ฅ GIVEAWAY ๐ฅ, where you have a FANTASTIC chance to WIN a valuable PRIZE by simply reading about crypto on our media platform โฉโฉโฌ
Win ๐rewards๐ by simply reading Gagarin News!
๐WE OFFER 10 PRIZE-WINNING PLACES 500 $USDT EACH๐
โฌ๏ธCheck out the rules belowโฌ๏ธ
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Thatโs all you have to do ๐๐ปโโ๏ธ๐๐ฝ๐๐ผโโ๏ธ (easy-peasy)๐คญ
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Best of Luckโ๏ธ And stay tuned๐๐ป
#Gagarinnews #giveaway #crypto
We are happy to announce our ๐ฅ GIVEAWAY ๐ฅ, where you have a FANTASTIC chance to WIN a valuable PRIZE by simply reading about crypto on our media platform โฉโฉโฌ
Win ๐rewards๐ by simply reading Gagarin News!
๐WE OFFER 10 PRIZE-WINNING PLACES 500 $USDT EACH๐
โฌ๏ธCheck out the rules belowโฌ๏ธ
https://bit.ly/3PwiYvG
Thatโs all you have to do ๐๐ปโโ๏ธ๐๐ฝ๐๐ผโโ๏ธ (easy-peasy)๐คญ
GAGARIN NEWS is a news platform that aims to popularize the new era of cryptocurrencies and blockchain technology which will soon irreversibly transform the world๐
Best of Luckโ๏ธ And stay tuned๐๐ป
#Gagarinnews #giveaway #crypto
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5000$ giveaway from the crypto news platform Gagarin News!
The crypto media source Gagarin News is giving away $5000 to its readers! Become one of the 10 lucky winners and get a chance to win $500 from the prize fund by simply following these few steps: 1. Share the raffle publication on your social media and tagโฆ
โHey everyone,
APIZ here!
Weโd like to remind you that we are the worldโs first project aimed at tokenising a living being! Particularly, tokenising a bee!
Weโre delighted to announce that we gained over 30 thousand followers in our social media channels and even managed to get a shout out from Bloomberg!
Right now, weโd like to present our unique roadmap - a merger of blockchain, innovative tech (telemetry), agriculture and animal husbandry. Its purpose is to unify all the key aspects of our ambitious project and streamline its development.
The roadmap covers all four of those directions and intend to reach a broader audience. Itโs a synergy between the four, with a 10-year long lifecycle. By the end of this decade-long journey, we intend to not only revolutionize crypto markets and beekeeping โ we also aim at popularizing honey consumption as much as possible. After all, itโs a sustainable and much more beneficial option than sugar.
Our end goal is increasing the efficiency of a bee tenfold! That way, weโll have a unique possibility to redefine all beekeeping boundaries on our own terms.
You may follow the link below to learn more about our roadmap:
https://apiz.digital/roadmap
Our Telegram Channel:
https://t.me/ApizDigital
Websites:
https://apiz.digital/
https://ganeapi.com/
APIZ here!
Weโd like to remind you that we are the worldโs first project aimed at tokenising a living being! Particularly, tokenising a bee!
Weโre delighted to announce that we gained over 30 thousand followers in our social media channels and even managed to get a shout out from Bloomberg!
Right now, weโd like to present our unique roadmap - a merger of blockchain, innovative tech (telemetry), agriculture and animal husbandry. Its purpose is to unify all the key aspects of our ambitious project and streamline its development.
The roadmap covers all four of those directions and intend to reach a broader audience. Itโs a synergy between the four, with a 10-year long lifecycle. By the end of this decade-long journey, we intend to not only revolutionize crypto markets and beekeeping โ we also aim at popularizing honey consumption as much as possible. After all, itโs a sustainable and much more beneficial option than sugar.
Our end goal is increasing the efficiency of a bee tenfold! That way, weโll have a unique possibility to redefine all beekeeping boundaries on our own terms.
You may follow the link below to learn more about our roadmap:
https://apiz.digital/roadmap
Our Telegram Channel:
https://t.me/ApizDigital
Websites:
https://apiz.digital/
https://ganeapi.com/
๐นDon't miss this opportunity for 100x gains, join the gaming revolution with Battle Infinity!๐น
๐ช๐ผBattle Infinity IBAT PRESALE IS SMASHING IT!
โญ๏ธ$313,000 worth of IBAT (1,252 BNB) sold in just a week โ and full marketing hasn't started yet!
At 10:50 UTC 18 July 2022 7.59% (1,252.3 BNB / 212,240,000 IBAT) of presale allocation has been sold.
Presale allocation is 2,800,000,000 (28% of the 10 billion total supply).
PRESALE INFO:
๐ธPresale price $0.0015 (no vesting period)
๐ฐ Minimum purchase 0.1 BNB
๐ค Maximum purchase 500 BNB
๐ต Connect your wallet at: https://supaflysafe.co/box_dc4e8f15cc838c143ba90821ded4453d
๐ฒ Presale started 11 July 2022
๐ 75 days left & selling out fast
๐IBAT runs on the Binance Smart Chain
๐งLearn more about Battle Infinity, join their Telegram: https://supaflysafe.co/box_2d2eefa7743c970def7342aac759e14e
๐ช๐ผBattle Infinity IBAT PRESALE IS SMASHING IT!
โญ๏ธ$313,000 worth of IBAT (1,252 BNB) sold in just a week โ and full marketing hasn't started yet!
At 10:50 UTC 18 July 2022 7.59% (1,252.3 BNB / 212,240,000 IBAT) of presale allocation has been sold.
Presale allocation is 2,800,000,000 (28% of the 10 billion total supply).
PRESALE INFO:
๐ธPresale price $0.0015 (no vesting period)
๐ฐ Minimum purchase 0.1 BNB
๐ค Maximum purchase 500 BNB
๐ต Connect your wallet at: https://supaflysafe.co/box_dc4e8f15cc838c143ba90821ded4453d
๐ฒ Presale started 11 July 2022
๐ 75 days left & selling out fast
๐IBAT runs on the Binance Smart Chain
๐งLearn more about Battle Infinity, join their Telegram: https://supaflysafe.co/box_2d2eefa7743c970def7342aac759e14e
โโPro-Russian groups raised only 4% of crypto donations sent to Ukraine.
โWhile significant, the $2.2M worth of crypto donated to pro-Russian orgs still pales in comparison to the tens of millions in crypto donated to Ukraine,โ said Chainalysis.
According to data from crypto analytics firm Chainalysis, users have sent more than $2 million in crypto to 54 pro-Russian groups since Feb. 24, a fraction of that received by many wallets controlled by the Ukrainian government.
In a Friday blog post, Chainalysis said it had tracked funds sent to social media accounts controlled by pro-Russian groups in Bitcoin (BTC), Ether (ETH), Litecoin (LTC), USDT-TRX, and Dogecoin (DOGE) starting with the countryโs invasion of Ukraine in February. According to Chainalysisโ data, users sent roughly $2.2 million to the pro-Russian groups, with more than $1 million going to a single unnamed account.
While there may be other groups outside of Chainalysisโ investigation of those supporting pro-Russian forces, the available data suggested that the $2.2 million in donations amounted to roughly 4% of crypto sent in support of Ukraine. Wallet addresses connected to Aid for Ukraine, a platform backed by the governmentโs Ministry of Digital Transformation, showed the organization had received more than $45 million in crypto since launching in March. Crypto exchange Binance, which facilitates donations through its Ukraine Emergency Relief Fund, reported more than $10 million received since February.
Both Russia and Ukraine have taken heavy losses and casualties since the invasion began. Aid for Ukraine reported that crypto sent to its wallets would be used to support the countryโs military as well as humanitarian projects; meanwhile, Chainalysis reported the $2.2 million sent to pro-Russian groups could be used primarily for military equipment and to finance propaganda sites.
โWhile significant, the $2.2M worth of crypto donated to pro-Russian orgs still pales in comparison to the tens of millions in crypto donated to Ukraine,โ said Chainalysis.
The donations to Ukraine have seemingly been in accordance with international laws. However, Chainalysis reported that roughly half of the crypto sent to the pro-Russian groups would be used to support military forces in the Donetsk and Luhansk territories of Ukraineโs Donbas region โ areas specifically sanctioned by the Office of Foreign Assets Control, or OFAC, at United States Department of the Treasury.
โWhile significant, the $2.2M worth of crypto donated to pro-Russian orgs still pales in comparison to the tens of millions in crypto donated to Ukraine,โ said Chainalysis.
According to data from crypto analytics firm Chainalysis, users have sent more than $2 million in crypto to 54 pro-Russian groups since Feb. 24, a fraction of that received by many wallets controlled by the Ukrainian government.
In a Friday blog post, Chainalysis said it had tracked funds sent to social media accounts controlled by pro-Russian groups in Bitcoin (BTC), Ether (ETH), Litecoin (LTC), USDT-TRX, and Dogecoin (DOGE) starting with the countryโs invasion of Ukraine in February. According to Chainalysisโ data, users sent roughly $2.2 million to the pro-Russian groups, with more than $1 million going to a single unnamed account.
While there may be other groups outside of Chainalysisโ investigation of those supporting pro-Russian forces, the available data suggested that the $2.2 million in donations amounted to roughly 4% of crypto sent in support of Ukraine. Wallet addresses connected to Aid for Ukraine, a platform backed by the governmentโs Ministry of Digital Transformation, showed the organization had received more than $45 million in crypto since launching in March. Crypto exchange Binance, which facilitates donations through its Ukraine Emergency Relief Fund, reported more than $10 million received since February.
Both Russia and Ukraine have taken heavy losses and casualties since the invasion began. Aid for Ukraine reported that crypto sent to its wallets would be used to support the countryโs military as well as humanitarian projects; meanwhile, Chainalysis reported the $2.2 million sent to pro-Russian groups could be used primarily for military equipment and to finance propaganda sites.
โWhile significant, the $2.2M worth of crypto donated to pro-Russian orgs still pales in comparison to the tens of millions in crypto donated to Ukraine,โ said Chainalysis.
The donations to Ukraine have seemingly been in accordance with international laws. However, Chainalysis reported that roughly half of the crypto sent to the pro-Russian groups would be used to support military forces in the Donetsk and Luhansk territories of Ukraineโs Donbas region โ areas specifically sanctioned by the Office of Foreign Assets Control, or OFAC, at United States Department of the Treasury.
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๐Run into the hype game Crypto Pirates at the start ๐ a great opportunity to become a pioneer and earn tokens before IDO starts
๐ฅFight. Travel. Earn๐ฅ
โต๏ธ Crypto Pirates is an amazing mix of P2E, ZPG game, pixelart, space travel and real cursed monsters๐
And their NFTs are integrated into the game and help to farm tokens๐
โ Go to the site click Mint NFT (50 busd) pick up - you have access to the game
โ Press the Play button, you are in the game, you need to put on NFT before flying in the port. Max amount 10 NFT per account, average ARP 220%
๐ง Is the game not yours? Ok - NFT also gives you the opportunity to buy $PST tokens at a price below the IDO start ๐ Seed round
๐No money to run? - don't worry - it's over now Crypto Pirates Airdrop NFT'S + Piastr (PST) $1740 prize in NFTs and $PST tokens
๐คซFrom the interesting point, the project has a number of venture funds such as Kenzo Ventures and BNBSwap Ventures, startup ChainLink Labs also invested in them
โก๏ธTelegram group
๐Crypto Pirates website
๐ฅFight. Travel. Earn๐ฅ
โต๏ธ Crypto Pirates is an amazing mix of P2E, ZPG game, pixelart, space travel and real cursed monsters๐
And their NFTs are integrated into the game and help to farm tokens๐
โ Go to the site click Mint NFT (50 busd) pick up - you have access to the game
โ Press the Play button, you are in the game, you need to put on NFT before flying in the port. Max amount 10 NFT per account, average ARP 220%
๐ง Is the game not yours? Ok - NFT also gives you the opportunity to buy $PST tokens at a price below the IDO start ๐ Seed round
๐No money to run? - don't worry - it's over now Crypto Pirates Airdrop NFT'S + Piastr (PST) $1740 prize in NFTs and $PST tokens
๐คซFrom the interesting point, the project has a number of venture funds such as Kenzo Ventures and BNBSwap Ventures, startup ChainLink Labs also invested in them
โก๏ธTelegram group
๐Crypto Pirates website
โโSolana wallets โcompromised and abandonedโ as users warned of scam solutions.
Solana users have been urged to move their funds to cold storage and be alert to possible scams after a major exploit of thousands of wallets sees more than $8 million stolen.
The cryptocurrency ecosystem has been rocked by a widespread exploit targeting Solana wallets that have been ongoing since Wednesday. Phantom and Slope, two Solana-based wallet services, initially flagged the attack on their social media platforms, alongside a host of cryptocurrency influencers, blockchain analytic and security firms and victims of the hack as it continued to unfold.
A handful of commentators noted that attackers had gained access to user private keys, as transactions were signed on the chain legitimately. Ava Labs CEO and founder Emin Gun Sirer estimated that more than 7,000 wallets had been affected, a number cited by various other individuals and firms online.
As investigations begin to unpack the root cause that allowed an attacker to pillage thousands of wallets, affected users are being warned not to accept help from individuals online purporting to have solutions to the hack. Heidi Chakos, the host of the YouTube channel Crypto Tips, stressed that scammers would be looking to exploit the ongoing situation.
Solana Status has been providing updates since the exploit began and noted that 7,767 wallets had been affected at 5:00 am UTC on Wednesday. Several wallets were affected across mobile and browser extensions.
Solana stressed that users move funds to cold storage and create new seed phrases, while the owners of the 8,000 drained wallets were told that these should โbe treated as compromised, and abandoned.โ
A spokesperson from Solana told Cointelegraph that engineers from several ecosystems as well as audit and security firms were continuing to explore the root cause that saw affected wallets drained.
"This does not appear to be a bug with Solana core code, but in software used by several wallets popular among Solana users."
Users affected by the exploit are being asked to provide their compromised wallet addresses to the Solana Foundation to assist in the investigation.
Solana users have been urged to move their funds to cold storage and be alert to possible scams after a major exploit of thousands of wallets sees more than $8 million stolen.
The cryptocurrency ecosystem has been rocked by a widespread exploit targeting Solana wallets that have been ongoing since Wednesday. Phantom and Slope, two Solana-based wallet services, initially flagged the attack on their social media platforms, alongside a host of cryptocurrency influencers, blockchain analytic and security firms and victims of the hack as it continued to unfold.
A handful of commentators noted that attackers had gained access to user private keys, as transactions were signed on the chain legitimately. Ava Labs CEO and founder Emin Gun Sirer estimated that more than 7,000 wallets had been affected, a number cited by various other individuals and firms online.
As investigations begin to unpack the root cause that allowed an attacker to pillage thousands of wallets, affected users are being warned not to accept help from individuals online purporting to have solutions to the hack. Heidi Chakos, the host of the YouTube channel Crypto Tips, stressed that scammers would be looking to exploit the ongoing situation.
Solana Status has been providing updates since the exploit began and noted that 7,767 wallets had been affected at 5:00 am UTC on Wednesday. Several wallets were affected across mobile and browser extensions.
Solana stressed that users move funds to cold storage and create new seed phrases, while the owners of the 8,000 drained wallets were told that these should โbe treated as compromised, and abandoned.โ
A spokesperson from Solana told Cointelegraph that engineers from several ecosystems as well as audit and security firms were continuing to explore the root cause that saw affected wallets drained.
"This does not appear to be a bug with Solana core code, but in software used by several wallets popular among Solana users."
Users affected by the exploit are being asked to provide their compromised wallet addresses to the Solana Foundation to assist in the investigation.