Grimes and Paris Hilton Go Full NFT – But Some Warn of Trouble Ahead.
The non-fungible token (NFT) gravy train is building up a head of steam in the music and art industry.
Within just hours of dance producer 3Lau posting record-breaking sales of almost USD 12m for a batch of exclusive NFTs, the award-winning Canadian musician Grimes and the celebrity socialite and sometime singer Paris Hilton have clambered aboard. But some are warning that the NFT music and art bubble could be about to pop.
Grimes, who is also famously the partner of Tesla chief and bitcoin (BTC) fan Elon Musk, successfully sold some USD 6m worth of digital art in NFT form via the Nifty Gateway marketplace.
The move is another lurch toward crypto and blockchain technology for the Musk-Grimes family. Musk has taken the BTC plunge, calling it his “safe word” and then investing in USD 1.5bn worth of the token through his Tesla auto-making firm. He also joined the dogecoin (DOGE) hype train, buying tokens for his and Grimes’ son, X Æ A-12.
The news was followed by an announcement from the internet entrepreneur Kim Dotcom, who hinted that he and 1980s star MC Hammer would be working with Hilton on an NFT release that he claimed may fetch up to USD 30m. Hilton claimed that she was “excited” and “fascinated” by the world of NFTs, although her response was met with incredulity by many outspoken crypto advocates.
However, some are warning that the NFT craze could be fleeting.
Crypto trader Andrew Kong tweeted,
“Is it just me or does it seem like celebrities are gonna rug all their fans with NFTs?”
The EulerBeats music and art project recently raised some USD 458,000 in sales of 27 original NFT tracks, as part of a project from Treum, backed by ConsenSys, on the secondary market. But a Twitter user named Dark Pill observed that “any NFT issuer can devalue your holdings if someone pisses them off.”
Dark Pill was reacting to the news that a developer had “copycatted” EulerBeats’ work on the Binance Smart Chain blockchain protocol.
And this led Constantin Kostenko, the Senior Director of Blockchain Solution Architecture & Strategy at ConsenSys Mesh, and one of the architects of the EulerBeats project, to apparently concede that NFT projects could be undermined with relative ease.
The non-fungible token (NFT) gravy train is building up a head of steam in the music and art industry.
Within just hours of dance producer 3Lau posting record-breaking sales of almost USD 12m for a batch of exclusive NFTs, the award-winning Canadian musician Grimes and the celebrity socialite and sometime singer Paris Hilton have clambered aboard. But some are warning that the NFT music and art bubble could be about to pop.
Grimes, who is also famously the partner of Tesla chief and bitcoin (BTC) fan Elon Musk, successfully sold some USD 6m worth of digital art in NFT form via the Nifty Gateway marketplace.
The move is another lurch toward crypto and blockchain technology for the Musk-Grimes family. Musk has taken the BTC plunge, calling it his “safe word” and then investing in USD 1.5bn worth of the token through his Tesla auto-making firm. He also joined the dogecoin (DOGE) hype train, buying tokens for his and Grimes’ son, X Æ A-12.
The news was followed by an announcement from the internet entrepreneur Kim Dotcom, who hinted that he and 1980s star MC Hammer would be working with Hilton on an NFT release that he claimed may fetch up to USD 30m. Hilton claimed that she was “excited” and “fascinated” by the world of NFTs, although her response was met with incredulity by many outspoken crypto advocates.
However, some are warning that the NFT craze could be fleeting.
Crypto trader Andrew Kong tweeted,
“Is it just me or does it seem like celebrities are gonna rug all their fans with NFTs?”
The EulerBeats music and art project recently raised some USD 458,000 in sales of 27 original NFT tracks, as part of a project from Treum, backed by ConsenSys, on the secondary market. But a Twitter user named Dark Pill observed that “any NFT issuer can devalue your holdings if someone pisses them off.”
Dark Pill was reacting to the news that a developer had “copycatted” EulerBeats’ work on the Binance Smart Chain blockchain protocol.
And this led Constantin Kostenko, the Senior Director of Blockchain Solution Architecture & Strategy at ConsenSys Mesh, and one of the architects of the EulerBeats project, to apparently concede that NFT projects could be undermined with relative ease.
Coinbase Reportedly Valued at USD 90B in a Private Auction.
US-headquartered major crypto exchange Coinbase is said to be valued at USD 90bn in a private auction.
The company shares traded at some USD 90bn value last week, based on USD 350 a share, which is the price the stock was trading at the auction last Thursday on the Nasdaq Private Market, a division of Nasdaq focused on trading shares in companies before they go public, Bloomberg reported, citing people familiar with the matter.
Furthermore, earlier in the auction, some shares had changed hands at USD 375, which would value Coinbase close to USD 100bn.
However, the report noted that private trading is more restrictive with usually smaller volumes than in the public markets, and "not a perfect picture of the company's value." The Nasdaq will set a reference price for investors prior to the direct listing, which is partly based on private trading activity, and these private trades "aren't necessarily indicative of where the stock will actually trade," it said.
This auction was the last time shares are being sold on the Nasdaq Private Market before Coinbase goes public in late March, the cited people said.
Also per Bloomberg, based on company filings and news reports, Coinbase founder Brian Armstrong's "stock options could total a USD 3 billion windfall ... from the digital currency exchange's direct listing as a trend of mega grants to tech founders continues full steam ahead."
As reported, last year, Armstrong earned USD 56m of stock option awards on top of a USD 1m salary, as well as USD 1.8m in reimbursement for legal and security fees.
Coinbase filed to go public on February 25, via USD 1bn direct listing on the Nasdaq Global Select Market under the symbol COIN. In the filing with the US Securities and Exchange Commission (SEC), the company said it had 43m verified users last year and 2.8m monthly transacting users, as well as USD 90bn worth of assets on the platform, USD 456bn lifetime trading volume, and over USD 3.4bn in total revenue as of December 31.
US-headquartered major crypto exchange Coinbase is said to be valued at USD 90bn in a private auction.
The company shares traded at some USD 90bn value last week, based on USD 350 a share, which is the price the stock was trading at the auction last Thursday on the Nasdaq Private Market, a division of Nasdaq focused on trading shares in companies before they go public, Bloomberg reported, citing people familiar with the matter.
Furthermore, earlier in the auction, some shares had changed hands at USD 375, which would value Coinbase close to USD 100bn.
However, the report noted that private trading is more restrictive with usually smaller volumes than in the public markets, and "not a perfect picture of the company's value." The Nasdaq will set a reference price for investors prior to the direct listing, which is partly based on private trading activity, and these private trades "aren't necessarily indicative of where the stock will actually trade," it said.
This auction was the last time shares are being sold on the Nasdaq Private Market before Coinbase goes public in late March, the cited people said.
Also per Bloomberg, based on company filings and news reports, Coinbase founder Brian Armstrong's "stock options could total a USD 3 billion windfall ... from the digital currency exchange's direct listing as a trend of mega grants to tech founders continues full steam ahead."
As reported, last year, Armstrong earned USD 56m of stock option awards on top of a USD 1m salary, as well as USD 1.8m in reimbursement for legal and security fees.
Coinbase filed to go public on February 25, via USD 1bn direct listing on the Nasdaq Global Select Market under the symbol COIN. In the filing with the US Securities and Exchange Commission (SEC), the company said it had 43m verified users last year and 2.8m monthly transacting users, as well as USD 90bn worth of assets on the platform, USD 456bn lifetime trading volume, and over USD 3.4bn in total revenue as of December 31.
Latest Episode of India’s Crypto Ban Soap Draws Decidedly Mixed Reviews.
Yet another “unnamed Indian government source” has come forward with forecasts of doom – telling Reuters that New Delhi is set to unveil a law “banning cryptocurrencies, fining anyone trading in the country or even holding such digital assets,” and stamping out mining.
But, once again, everything may not be quite as it seems, according to one of the crypto industry insiders quoted in the article. Sumnesh Salodkar, a crypto consultant, wrote on Twitter that the article’s title – “India to propose cryptocurrency ban, penalizing miners, traders” – was “slightly misleading.” Instead, he wrote,
“Recent positive comments by the finance minister Nirmala Sitharaman give us hope! This will be in many places today but don't be worried, nothing has changed since yesterday.”
Sitharaman said over the weekend that India would not seek to limit its options when it comes to crypto or blockchain. Speaking to the media outlet India Today, Sitharaman stated,
“My view on this is that of course the Supreme Court had commented on cryptocurrency and while the central bank may take a call on official cryptocurrency but from our side, we are very clear that we are not shutting off all options.”
She added,
“We will allow a certain amount of window for people to experiment on blockchain and bitcoin (BTC). … On fintech and blockchain, there is a lot of work going on in India and we will certainly encourage that.”
Regardless, the Reuters source paints a very different picture, reiterating previous reports that a bill “would give holders of cryptocurrencies up to six months to liquidate” their crypto holdings. Individuals failing to do so would be hit with fines.
The source also indicated that “officials are confident of getting the bill enacted into law” due to the size of Prime Minister Narendra Modi’s majority in parliament.
Yet another “unnamed Indian government source” has come forward with forecasts of doom – telling Reuters that New Delhi is set to unveil a law “banning cryptocurrencies, fining anyone trading in the country or even holding such digital assets,” and stamping out mining.
But, once again, everything may not be quite as it seems, according to one of the crypto industry insiders quoted in the article. Sumnesh Salodkar, a crypto consultant, wrote on Twitter that the article’s title – “India to propose cryptocurrency ban, penalizing miners, traders” – was “slightly misleading.” Instead, he wrote,
“Recent positive comments by the finance minister Nirmala Sitharaman give us hope! This will be in many places today but don't be worried, nothing has changed since yesterday.”
Sitharaman said over the weekend that India would not seek to limit its options when it comes to crypto or blockchain. Speaking to the media outlet India Today, Sitharaman stated,
“My view on this is that of course the Supreme Court had commented on cryptocurrency and while the central bank may take a call on official cryptocurrency but from our side, we are very clear that we are not shutting off all options.”
She added,
“We will allow a certain amount of window for people to experiment on blockchain and bitcoin (BTC). … On fintech and blockchain, there is a lot of work going on in India and we will certainly encourage that.”
Regardless, the Reuters source paints a very different picture, reiterating previous reports that a bill “would give holders of cryptocurrencies up to six months to liquidate” their crypto holdings. Individuals failing to do so would be hit with fines.
The source also indicated that “officials are confident of getting the bill enacted into law” due to the size of Prime Minister Narendra Modi’s majority in parliament.
Next 2-3 Years 'Should Be a Turning Point for Bitcoin' - Deutsche Bank.
The next few years might prove crucial for bitcoin (BTC) that is "here to stay" but is not likely to be used as a means of payment, according to German multinational giant Deutsche Bank.
Bitcoin’s market capitalization of more than USD 1trn “makes it too important to ignore,” while large players who buy and sell BTC have “considerable” market-moving power, said the March 2021 report prepared by Deutsche Bank Research. The coin’s price could continue to rise as long as asset managers and companies continue to enter the market.
So in the short term, bitcoin “is here to stay,” though its value will remain volatile due to its limited tradability, small tactical asset allocations, and the entries and exits of large asset managers. However, according to the authors of the report, in the long term, BTC will have to “transform its potential into results to sustain its value proposition.”
“The next two or three years should be a turning point for Bitcoin; consensus about its future may emerge as people monitor digital currency developments,” the researchers said.
For now, according to them, bitcoin’s current valuation is pricing in a shift toward cross-border digital currencies and the hypothesis is that BTC, as the leader, will benefit from network effects and become an important means of payment in the future.
The researchers argued that "the race is fierce" for cryptos to become a mainstream means of payment – BTC is an illiquid asset rarely used as a means of payment, while yet to be launched Facebook-backed Diem is focused on consumer adoption and real usage of money, it said. Furthermore, many countries have moved to create their central bank digital currencies (CBDCs).
Therefore, in the medium to long run, because of strong network effects, it’s unlikely cryptos will be used as a widespread means of payment, said the report, adding:
“And as long as governments and central banks exist and hold the power to regulate money, there will be little room for bitcoin—as a means of payment—to replace traditional currencies.”
However, US Federal Reserve Chairman Jerome Powell, said, citing a recent report from the Bank for International Settlements and a group of seven central banks, that a CBDC "needs to coexist with cash and other types of money in a flexible and innovative payment system."
In general, due to its volatility, most merchants don’t want to accept cryptocurrencies as a payment method. Consumers might use providers to own/trade the asset – but mainly for investment, said the Deutsche Bank report.
The next few years might prove crucial for bitcoin (BTC) that is "here to stay" but is not likely to be used as a means of payment, according to German multinational giant Deutsche Bank.
Bitcoin’s market capitalization of more than USD 1trn “makes it too important to ignore,” while large players who buy and sell BTC have “considerable” market-moving power, said the March 2021 report prepared by Deutsche Bank Research. The coin’s price could continue to rise as long as asset managers and companies continue to enter the market.
So in the short term, bitcoin “is here to stay,” though its value will remain volatile due to its limited tradability, small tactical asset allocations, and the entries and exits of large asset managers. However, according to the authors of the report, in the long term, BTC will have to “transform its potential into results to sustain its value proposition.”
“The next two or three years should be a turning point for Bitcoin; consensus about its future may emerge as people monitor digital currency developments,” the researchers said.
For now, according to them, bitcoin’s current valuation is pricing in a shift toward cross-border digital currencies and the hypothesis is that BTC, as the leader, will benefit from network effects and become an important means of payment in the future.
The researchers argued that "the race is fierce" for cryptos to become a mainstream means of payment – BTC is an illiquid asset rarely used as a means of payment, while yet to be launched Facebook-backed Diem is focused on consumer adoption and real usage of money, it said. Furthermore, many countries have moved to create their central bank digital currencies (CBDCs).
Therefore, in the medium to long run, because of strong network effects, it’s unlikely cryptos will be used as a widespread means of payment, said the report, adding:
“And as long as governments and central banks exist and hold the power to regulate money, there will be little room for bitcoin—as a means of payment—to replace traditional currencies.”
However, US Federal Reserve Chairman Jerome Powell, said, citing a recent report from the Bank for International Settlements and a group of seven central banks, that a CBDC "needs to coexist with cash and other types of money in a flexible and innovative payment system."
In general, due to its volatility, most merchants don’t want to accept cryptocurrencies as a payment method. Consumers might use providers to own/trade the asset – but mainly for investment, said the Deutsche Bank report.
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Mitsubishi, Banking & Telecom Giants Invest USD 62M in DeCurret.
The Japanese crypto exchange DeCurret has received a major boost with leading banks, conglomerates such as Mitsubishi and others participating in USD 62 million funding round for the fast-growing platform.
The Tokyo-based company will use the money to create a new “digital currency” platform and a smartphone, reported Nikkei and TechCrunch Japan.
The package will also see Toshihide Endo, the former head of the country’s top financial and crypto regulator, the Financial Services Agency (FSA), join the company as a special advisor from April. Endo served as the FSA commissioner from 2018 to 2020, during which time the FSA completely revamped its crypto policies in the wake of the devastating Coincheck hack of early 2018.
Endo also serves as an advisor to Sony and Fukoku Mutual Life Insurance.
The funding involved a third-party share allotment deal that was underwritten by its biggest shareholder, the internet service provider Internet Initiative Japan, which provided 30% of the funding.
Joining was a veritable who’s-who of high-level Japanese businesses, including the telecoms giants KDDI and the Nippon Telegraph and Telephone (NTT), as well as the banks Sumitomo Mitsui Banking Corporation, Mitsubishi UFJ Bank and the Japan Post Bank. The security firms Sohgo Security Services (ALSOK) and Secom also took part, as did the monolithic Mitsubishi Corporation. Another investor was SBI Holdings, the SBI Group’s holding company, and the operator of two rival crypto exchanges.
DeCurret did not reveal how much each company had invested, not how many shares had been allotted in each case.
The company did not go into details about its smartphone plans, but explained that it would seek to construct a “two-layer structure digital currency platform” that enables makes use of blockchain technology to create “privately issued digital currencies” and “implement “company-specific smart contracts.”
DeCurret last year formed a new “study group” including many of its new investors, with the group hopeful of creating a platform that the entire Japanese business community will be able to use for digital payments.
The Japanese crypto exchange DeCurret has received a major boost with leading banks, conglomerates such as Mitsubishi and others participating in USD 62 million funding round for the fast-growing platform.
The Tokyo-based company will use the money to create a new “digital currency” platform and a smartphone, reported Nikkei and TechCrunch Japan.
The package will also see Toshihide Endo, the former head of the country’s top financial and crypto regulator, the Financial Services Agency (FSA), join the company as a special advisor from April. Endo served as the FSA commissioner from 2018 to 2020, during which time the FSA completely revamped its crypto policies in the wake of the devastating Coincheck hack of early 2018.
Endo also serves as an advisor to Sony and Fukoku Mutual Life Insurance.
The funding involved a third-party share allotment deal that was underwritten by its biggest shareholder, the internet service provider Internet Initiative Japan, which provided 30% of the funding.
Joining was a veritable who’s-who of high-level Japanese businesses, including the telecoms giants KDDI and the Nippon Telegraph and Telephone (NTT), as well as the banks Sumitomo Mitsui Banking Corporation, Mitsubishi UFJ Bank and the Japan Post Bank. The security firms Sohgo Security Services (ALSOK) and Secom also took part, as did the monolithic Mitsubishi Corporation. Another investor was SBI Holdings, the SBI Group’s holding company, and the operator of two rival crypto exchanges.
DeCurret did not reveal how much each company had invested, not how many shares had been allotted in each case.
The company did not go into details about its smartphone plans, but explained that it would seek to construct a “two-layer structure digital currency platform” that enables makes use of blockchain technology to create “privately issued digital currencies” and “implement “company-specific smart contracts.”
DeCurret last year formed a new “study group” including many of its new investors, with the group hopeful of creating a platform that the entire Japanese business community will be able to use for digital payments.
Hacken Foundation is launching its second project disBalancer 🚀
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📅 The token Sale Round starts on April 1st at 1 pm (UTC)!
Let’s make the industry safer together! 🙌
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disBalancer Announcements in disBalancer English
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✨DISCIPLINA is a project from the golden age of crypto, made by a relatively anonymous team✨
🤓It stores verified personal profiles based on academic and professional achievements. It is backed by Cardano founders, who invested in the project.
👉DISCIPLINA's blockchain is quite compact, just like Mina's. It also has a testnet and a Mac wallet.
🔅NFT's implementation is planned to validate the authenticity of platform's content and courses.
➕Pros:➕
✅ Great technology with its own blockchain, not another Ethereum-based token
✅ Strong team
✅ Backed and supported by Cardano founder
✅ Traction in China
✅ Launchpad IDO, sweet profit and BSC is expected - just the way we like it
🚀It’s gonna be a GEM!🚀
🤓It stores verified personal profiles based on academic and professional achievements. It is backed by Cardano founders, who invested in the project.
👉DISCIPLINA's blockchain is quite compact, just like Mina's. It also has a testnet and a Mac wallet.
🔅NFT's implementation is planned to validate the authenticity of platform's content and courses.
➕Pros:➕
✅ Great technology with its own blockchain, not another Ethereum-based token
✅ Strong team
✅ Backed and supported by Cardano founder
✅ Traction in China
✅ Launchpad IDO, sweet profit and BSC is expected - just the way we like it
🚀It’s gonna be a GEM!🚀
Telegram
Dmitry in DISCIPLINA official chat
DISCIPLINA: Web of Trust
DISCIPLINA is an open-source blockchain. Any educational or recruiting service will be able to use it in their projects that store and process the personal data.
More: https://blog.disciplina.io/2021/02/disciplina-web-of-trust.html
DISCIPLINA is an open-source blockchain. Any educational or recruiting service will be able to use it in their projects that store and process the personal data.
More: https://blog.disciplina.io/2021/02/disciplina-web-of-trust.html
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Trezor's Plans, Spain's Crypto Tax Warning, Thai SEC & Binance.
Wallet news
Trezor announced four things set to come out this year: Trezor Suite Mobile app for Android, Bitcoin Full Node, CoinControl, and Child Pays For Parent (CPFP), as well as CoinJoin. The anonymization method for bitcoin transactions CoinJoin will obscure the sources and destinations of users' transactions, they said, claiming that the combination of Tor Switch, CoinControl, and CoinJoin "will guarantee you the top level of privacy and security."
Tax news
The Spanish Tax Agency, known locally as the Hacienda, has issued an unprecedented 14,800 warning letters to Spaniards it suspects may fail to or have already failed to declare their crypto earnings in mandatory tax filings. Per Telemadrid, the letters sought to inform recipients that they did not need to declare any crypto purchases, but reminded them that capital gains tax payments were due on profitable sales. Failure to comply, the agency added, could result in fines of “over USD 6,000.”
Exchanges news
The Thai Securities and Exchange Commission (SEC) issued a warning to the country's investors stating that Binance is not a licensed digital asset operator in this country. Therefore, its users will not be protected by Thailand's law. The regulator sent a letter to the major exchange and to "the relevant parties to clarify the information" about the company. When contacted by Cryptonews, Binance refused to comment on the topic, stating that they "don't disclose our conversations with regulators."
CBDC news
A group of the world’s seven major central banks (including the US Federal Reserve and the European Central Bank) has scope to set common rules and platforms for their own digital currencies that could lay the groundwork for more efficient cross-border payments, said Kazushige Kamiyama, head of the Bank of Japan (BOJ)’s department overseeing the development of a central bank digital currency (CBDC). Per Reuters, as the role a CBDC plays differs for advanced nations with a robust banking system and emerging economies that can use CBDCs to make up for shortfalls in their financial infrastructure, said Kamiyama, it's "better to come up with common rules among countries with similar economic structures."
DeFi news
Coinbase joined the DeFi Alliance, an open association that provides mentorship and funding for early stage tech teams working in the decentralized finance (DeFi) sector, they said. The DeFi Alliance has more than 60 member companies. They recently announced their first fund, DeFi Alliance Fund I, seeded by Alliance members and led by the founding partners along with billionaire entrepreneur Mark Cuban.
Wallet news
Trezor announced four things set to come out this year: Trezor Suite Mobile app for Android, Bitcoin Full Node, CoinControl, and Child Pays For Parent (CPFP), as well as CoinJoin. The anonymization method for bitcoin transactions CoinJoin will obscure the sources and destinations of users' transactions, they said, claiming that the combination of Tor Switch, CoinControl, and CoinJoin "will guarantee you the top level of privacy and security."
Tax news
The Spanish Tax Agency, known locally as the Hacienda, has issued an unprecedented 14,800 warning letters to Spaniards it suspects may fail to or have already failed to declare their crypto earnings in mandatory tax filings. Per Telemadrid, the letters sought to inform recipients that they did not need to declare any crypto purchases, but reminded them that capital gains tax payments were due on profitable sales. Failure to comply, the agency added, could result in fines of “over USD 6,000.”
Exchanges news
The Thai Securities and Exchange Commission (SEC) issued a warning to the country's investors stating that Binance is not a licensed digital asset operator in this country. Therefore, its users will not be protected by Thailand's law. The regulator sent a letter to the major exchange and to "the relevant parties to clarify the information" about the company. When contacted by Cryptonews, Binance refused to comment on the topic, stating that they "don't disclose our conversations with regulators."
CBDC news
A group of the world’s seven major central banks (including the US Federal Reserve and the European Central Bank) has scope to set common rules and platforms for their own digital currencies that could lay the groundwork for more efficient cross-border payments, said Kazushige Kamiyama, head of the Bank of Japan (BOJ)’s department overseeing the development of a central bank digital currency (CBDC). Per Reuters, as the role a CBDC plays differs for advanced nations with a robust banking system and emerging economies that can use CBDCs to make up for shortfalls in their financial infrastructure, said Kamiyama, it's "better to come up with common rules among countries with similar economic structures."
DeFi news
Coinbase joined the DeFi Alliance, an open association that provides mentorship and funding for early stage tech teams working in the decentralized finance (DeFi) sector, they said. The DeFi Alliance has more than 60 member companies. They recently announced their first fund, DeFi Alliance Fund I, seeded by Alliance members and led by the founding partners along with billionaire entrepreneur Mark Cuban.
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• The token is trading on PROBIT, an internationally reputed digital currency exchange ranked 26th in the world.
• Pairing of LPNT with ETH, BTC and USDT.
💠LPNT has achieved all these feats because of an effective strategy devised and executed for growth in the market. The application of effective utilization, circulation and demand and supply, three basic rules of economics.
💠This is why LPN TOKEN is already being utilized and circulated on many platforms already. The team LPNT plans on taking the utilization, circulation and demand and supply to the next level by manifolds. This could be possible only with the help of its attributes like a decentralized cryptocurrency wallet, vault, forex trading and decentralized payment gateway.
Coming to the point, LPNT is introducing MT-5 forex trading solutions to revolutionise the forex experience for traders. All registered LPNT users will 200% leverage on their platform.
For more information about anything related to the token, either visit our official
website :- www.lpntoken.io
https://twitter.com/officialLPNT
https://www.instagram.com/lpntokenofficial/
https://t.me/LPNT_Official
💠SwissQuote, GBE PRIME and Saxo Bank are the liquidity providers for LPN TOKEN. As far as the technology support is concerned, the credit goes to the NFX Technologies LLC based in Dubai, sister company of LPN TOKEN.
The token has successfully added multiple feathers to its cap so far. The list includes but is not limited to the following only:
• Successfully achieved the target of selling 15 million LPN TOKENS.
• The token is trading on PROBIT, an internationally reputed digital currency exchange ranked 26th in the world.
• Pairing of LPNT with ETH, BTC and USDT.
💠LPNT has achieved all these feats because of an effective strategy devised and executed for growth in the market. The application of effective utilization, circulation and demand and supply, three basic rules of economics.
💠This is why LPN TOKEN is already being utilized and circulated on many platforms already. The team LPNT plans on taking the utilization, circulation and demand and supply to the next level by manifolds. This could be possible only with the help of its attributes like a decentralized cryptocurrency wallet, vault, forex trading and decentralized payment gateway.
Coming to the point, LPNT is introducing MT-5 forex trading solutions to revolutionise the forex experience for traders. All registered LPNT users will 200% leverage on their platform.
For more information about anything related to the token, either visit our official
website :- www.lpntoken.io
https://twitter.com/officialLPNT
https://www.instagram.com/lpntokenofficial/
https://t.me/LPNT_Official
🎯 100x Gains Incoming? DFY is about to list on HotBit.
This new DeFi and NFT project has the potential to grow exponentially in the coming months.
The DeFi For You (DFY) platform lets users offer and receive peer-to-peer loans, staking crypto or NFTs as collateral. The project is run by the former founder and tech team leader of Travala (AVA), and is already gaining traction since its IDO in January.
DeFi and NFTs have been the hottest things in crypto in 2021 and for good reason. Both sectors have the potential to create massive real-world change, allowing millions of underbanked to receive access to loans, and changing the way we verify ownership on the blockchain.
🦾 DeFi For You combines these two powerful trends to create something that the everyday person can access and use to make passive income.
Don't miss out on DFY's HotBit listing!
Getting into a project early and hodling is the best way to make those massive 100x gains!
Follow:
🚩 Twitter
🚩 Telegram
This new DeFi and NFT project has the potential to grow exponentially in the coming months.
The DeFi For You (DFY) platform lets users offer and receive peer-to-peer loans, staking crypto or NFTs as collateral. The project is run by the former founder and tech team leader of Travala (AVA), and is already gaining traction since its IDO in January.
DeFi and NFTs have been the hottest things in crypto in 2021 and for good reason. Both sectors have the potential to create massive real-world change, allowing millions of underbanked to receive access to loans, and changing the way we verify ownership on the blockchain.
🦾 DeFi For You combines these two powerful trends to create something that the everyday person can access and use to make passive income.
Don't miss out on DFY's HotBit listing!
Getting into a project early and hodling is the best way to make those massive 100x gains!
Follow:
🚩 Telegram
fdt.vn
FDT.vn - Innovation & Technology
Khởi tạo và phát triển các dự án công nghệ đột phá.
Thodex Users File Complaints Alleging Fraud as CEO Flees the Country.
Turkish crypto traders have reportedly filed thousands of criminal complaints against local crypto exchange Thodex alleging fraud, while its head had reportedly fled the country.
The lawyer representing the users said that the complaints were filed after the users were unable to access their accounts or withdraw their money, reported Reuters.
Lawyer Oguz Evren Kilic said he was contacted by users on Wednesday who filed a criminal complaint on behalf of several people in Ankara, while thousands of others had also filed complaints across the country.
“It is not clear where this is headed," he told Reuters. "There have been thousands of criminal complaints made in many places around Turkey,” adding that the platform had 400,000 users, 391,000 of whom were active. “We will file a case with the consumer court right away. The two processes - criminal complaints and the case - will run simultaneously,” Kilic said.
Per Bloomberg, the lawyer claimed that with this number of active users, assets that remain “irretrievable” may be worth hundreds of millions of dollars.
The trading volume on Thodex was USD 744.9m on April 21, down from 1.39bn recorded five days prior, according to CoinGecko.
The lawyer also said that a preliminary assessment by police showed Thodex CEO Faruk Fatih Ozer had flown out of the country on Tuesday, with the users worried that he took with him the money meant for trading on the platform. Ozer was reportedly seen in Albania.
As reported, Thodex abruptly halted trading on Wednesday citing an unspecified partnership transaction, spurring complaints from users who can’t access their digital assets. Services are said to be shut for approximately five working days while the share transfer is completed, but the exchange said that users needn’t worry about their investments.
An Istanbul prosecutor’s office said it has launched an investigation into the company due to claims that it had led to the “aggrievement of many citizens,” per Reuters.
The Turkish government should take action as soon as possible, Cemil Ertem, senior economic adviser to President Recep Tayyip Erdogan, told Bloomberg. “Pyramid schemes are being established in this area. Turkey will undoubtedly carry out a regulation that’s in line with its economy but also by following global developments.”
But Kilic is quoted as saying that “we said in meetings with various government authorities that a digital asset law should be made and legal regulations should be created. You cannot do anything with bans in this age.”
Last week, Turkey banned the use of crypto assets for payments, claiming that tokens entail significant risks due to volatile market values, irrevocable transactions and can be used to fund illicit behavior.
Turkish crypto traders have reportedly filed thousands of criminal complaints against local crypto exchange Thodex alleging fraud, while its head had reportedly fled the country.
The lawyer representing the users said that the complaints were filed after the users were unable to access their accounts or withdraw their money, reported Reuters.
Lawyer Oguz Evren Kilic said he was contacted by users on Wednesday who filed a criminal complaint on behalf of several people in Ankara, while thousands of others had also filed complaints across the country.
“It is not clear where this is headed," he told Reuters. "There have been thousands of criminal complaints made in many places around Turkey,” adding that the platform had 400,000 users, 391,000 of whom were active. “We will file a case with the consumer court right away. The two processes - criminal complaints and the case - will run simultaneously,” Kilic said.
Per Bloomberg, the lawyer claimed that with this number of active users, assets that remain “irretrievable” may be worth hundreds of millions of dollars.
The trading volume on Thodex was USD 744.9m on April 21, down from 1.39bn recorded five days prior, according to CoinGecko.
The lawyer also said that a preliminary assessment by police showed Thodex CEO Faruk Fatih Ozer had flown out of the country on Tuesday, with the users worried that he took with him the money meant for trading on the platform. Ozer was reportedly seen in Albania.
As reported, Thodex abruptly halted trading on Wednesday citing an unspecified partnership transaction, spurring complaints from users who can’t access their digital assets. Services are said to be shut for approximately five working days while the share transfer is completed, but the exchange said that users needn’t worry about their investments.
An Istanbul prosecutor’s office said it has launched an investigation into the company due to claims that it had led to the “aggrievement of many citizens,” per Reuters.
The Turkish government should take action as soon as possible, Cemil Ertem, senior economic adviser to President Recep Tayyip Erdogan, told Bloomberg. “Pyramid schemes are being established in this area. Turkey will undoubtedly carry out a regulation that’s in line with its economy but also by following global developments.”
But Kilic is quoted as saying that “we said in meetings with various government authorities that a digital asset law should be made and legal regulations should be created. You cannot do anything with bans in this age.”
Last week, Turkey banned the use of crypto assets for payments, claiming that tokens entail significant risks due to volatile market values, irrevocable transactions and can be used to fund illicit behavior.
🚀🚀PIXL - MOONSHOT🚀🚀
PIXL is aiming to lead the blockchain industry in advertising by partnering with other crypto currencies - both old and new.
The partnerships will bring further investments into PIXL, increasing the value for all holders.
🌟TOKENOMICS🌟
5% automatically distributed to coin holders 🌟
5% distributed to LP 🌟
Liquidity locked for 5 years 🌟
No dev wallets 🌟
Completely rug-proof! 🌟
Ownership Renounced 🌟
🌟ACHIEVEMENTS first 6 days🌟
2400+ holders ✅
Audit fully complete - 100% pass in all areas ✅
CoinGecko Application has been submitted ✅
Unirocket price bot up and running ✅
1st video AMA completed ✅
$5M+ MarketCap ✅
AUDIT results: https://solidity.finance/audits/PIXL/
Website - https://pixl.one
Telegram: @PIXLCoin
Twitter: https://twitter.com/pixlcoin
Youtube: https://www.youtube.com/channel/UCapfVtQNmR444PAw8ufLK_w
Instagram: https://www.instagram.com/Pixl_Crypto_Official/
PIXL is aiming to lead the blockchain industry in advertising by partnering with other crypto currencies - both old and new.
The partnerships will bring further investments into PIXL, increasing the value for all holders.
🌟TOKENOMICS🌟
5% automatically distributed to coin holders 🌟
5% distributed to LP 🌟
Liquidity locked for 5 years 🌟
No dev wallets 🌟
Completely rug-proof! 🌟
Ownership Renounced 🌟
🌟ACHIEVEMENTS first 6 days🌟
2400+ holders ✅
Audit fully complete - 100% pass in all areas ✅
CoinGecko Application has been submitted ✅
Unirocket price bot up and running ✅
1st video AMA completed ✅
$5M+ MarketCap ✅
AUDIT results: https://solidity.finance/audits/PIXL/
Website - https://pixl.one
Telegram: @PIXLCoin
Twitter: https://twitter.com/pixlcoin
Youtube: https://www.youtube.com/channel/UCapfVtQNmR444PAw8ufLK_w
Instagram: https://www.instagram.com/Pixl_Crypto_Official/