Beau Cat (BUC) Is Now Available for Trading on LBank Exchange

INTERNET CITY, DUBAI, May. 6, 2022 – LBank Exchange, a global digital asset trading platform, has listed Beau Cat (BUC) on May 6, 2022. For all users of LBank Exchange, the BUC/USDT trading pair is now officially available for trading.

As a comprehensive beauty platform, Beau Cat (BUC) utilizes the power of blockchain to open up the future beauty market by simultaneously conducting non-face-to-face and face-to-face services. Its native token BUC has been listed on LBank Exchange at 14:00 (UTC+8) on May 6, 2022, to further expand its global reach and help it achieve its vision.

Coinweb is one of the most promising projects

Now the price of CWEB token on exchanges Gate.io and Kucoin grows against the market. The project is the killer of DOT and similar services. Now its price is only $0.02, although at the start of trading a few months ago it was worth more than $0.2. Analysts agree that the token could be worth more than $0.5 by the fall, and will reach $1 in 2023.

Decent Labs introduces solution for developers to manage DAOs: Fractal

Decent Labs, a Web3 accelerator and venture studio, has launched a new product called Fractal on mainnet, a turnkey solution for developers to utilize in building, funding, governing, and scaling the decentralized autonomous organizations (DAOs) of the future.

DAOs overcome the flaws of traditional organizations but lack the infrastructure and standardization that enables them to scale. Fractal provides a framework that enables any individual or business to create a DAO, setting DAOs on course to form the foundation for the future of business.

Circle’s CEO Quells USDC Fears, States the Company Is Financially Strong

Summary:

Circle’s CEO has published a Twitter thread quelling fears and rumors that USDC is on the brink of collapse.He added that it is understandable why the crypto community would worry about USDC, given the recent collapse of several crypto projects.He reaffirms Circle is committed to being transparent with its reserves fully backed, and Circle is at the strongest it has ever been financially.Circle’s founder and CEO, Jeremy Allaire, has published a Twitter thread extinguishing rumors that the stablecoin of USDC is on the brink of collapse. Mr. Allaire started the Twitter thread by sharing Circle’s most recent statements on transparency and trust, audits and attestations, and the state of USDC’s liquidity.

1/ With so many firms facing fundamental challenges and risks, Circle has amped up our own information about Circle and USDC. Sharing it here so it's fresh for people to review. We started publishing these in the days following the Terra collapse. https://t.co/SYNpwYxUif

Get a free NFT land in the new metauniverse RIGHT NOW!

Friends, last year we were actively working on our metauniverse Crypto Soul World. And now, it's time to announce the imminent launch of this ambitious project! Right now you can buy CSW token on PancakeSwap early presale. In a month this token will be added to centralized exchanges like Kucoin and Huobi, and in December we plan a listing on Binance.

CSW is a metauniverse utility token with which you can buy NFT land and NFT characters in Crypto Soul World universe. Details about the universe itself are still under wraps, but we will be publishing a Lite Paper very soon.

1. Go to https://pancakeswap.finance/swap
2. Find a pair BNB/CSW (CSW contract address: 0xA62106602B7F0ced0101F497F60E5Ad7AAc3DCBE)
3. Swap 10 000 CSW tokens or more and hold it at your wallet until the metauniverse launch.

When the universe is launched, each CSW token holder will receive an NFT plot of land at the rate of 10 000 tokens = 1 NFT! For example, if you buy and hold 50 000 CSW tokens, you will receive 5 NFT when the metauniverse is launched!

Hurry up, only 800,000 tokens are available for sale right now. Max 80 NFT plots will be distributed among all presale participants.

The metauniverse is scheduled to launch on September 1.

Singapore Reviewing Legislation on Crypto, Following Devastating Effects of Terra Crash

Singaporean authorities are currently reviewing stablecoin legislation in the country in an attempt to better safeguard investors’ funds. This comes at a period when investors are nursing the injuries inflicted by the TerraUSD (UST) crash which saw billions in funds disappear into thin air on a global scale.

MAS chairman says the economy is not majorly affected by the recent crypto issuesIn a published reply to a series of questions posed by Mr Saktiandi Supaat – a Member of Parliament under the Bishan-Toa Payoh GRC – the Minister in charge of the Monetary Authority of Singapore (MAS), Tharman Shanmugaratnam, revealed the extent of the damage on Singaporean investors the Terra crash had, and further highlighted measures put in place to avoid a similar occurrence.

Shanmugaratnam noted that the recent debacles witnessed within the crypto space that has resulted in the loss of funds and triggered a disastrous contagion in the industry represent precisely what the central bank had been warning investors of with regards to crypto assets. 

FREE NFT GIVEAWAY!

Less than a month remains before the public release of our metaverse Crypto Soul World. Upon release to centralized exchanges, the price of the CSW token will start at $0.5 per token. Now there is a presale of token on PancakeSwap exchange, only 800,000 tokens are sold now on special conditions for members of our community.

Everyone who buys 10,000 tokens on the PancakeSwap exchange and holds tokens by September 1 will receive 1 NFT value for every 10,000 tokens to their wallet.

Right now the price of a token is only $0.01 and continues to rise due to high demand.

1. Go to https://pancakeswap.finance/swap
2. Find a pair BNB/CSW (CSW contract address: 0xA62106602B7F0ced0101F497F60E5Ad7AAc3DCBE)
3. Swap 10 000 CSW tokens or more and hold it at your wallet until the project launch.

‌Get a piece of NFT land in the Crypto Soul World metaverse!

Everyone who buys 10,000 tokens CSW on the PancakeSwap exchange and holds tokens till the 1st of September will receive 1 NFT value for every 10,000 tokens to their wallet.

Right now the price of a token is only $0.01 and continues to rise due to high demand.

1. Go to https://pancakeswap.finance/swap
2. Find a pair BNB/CSW (CSW contract address: 0xA62106602B7F0ced0101F497F60E5Ad7AAc3DCBE)
3. Swap 10 000 CSW tokens or more and hold it at your wallet until the project launch.

Here Are Two Use Cases for Hedera Hashgraph (HBAR), According to Its Co-Founder Mance Harmon

The co-founder of a leading Ethereum (ETH) rival is making the case for his blockchain as the crypto bear market continues.

In a new interview with The Wolf of All Streets, Hedera Hashgraph (HBAR) co-founder Mance Harmon lays out two use cases for the layer-1 blockchain, starting with law firm DLA Piper’s TOKO, a platform aiming to make raising capital more efficient.

Report: Turkey’s September Gold Imports up by 1,700% as Individuals Swap Falling Lira With the Precious Metal

Turkey’s gold imports of just over 39,000 kilograms in September 2022 are more than 16 times the quantity that was brought into the country in September 2021. The surge in Turkey’s gold imports is reportedly being spurred by the rise in demand for the precious metal by individuals and entities using it in foreign currency transactions.

‘Gold Instead of Turkish Lira’According to data from Borsa Istanbul’s Precious Metals and Diamond Markets, the quantity of gold imported into inflation-stricken Turkey in September 2022 was over 1,700% more than the quantity brought into the country during the same period last year.

The country’s September haul of 39,000 kilograms (kg) takes the total quantity of the precious metal imported by Turks in 2022 to 140,126 kg. As noted in a report published by the Hurriyet Daily News, Turkey’s January 2010 import figure of 44,210 kg remains the country’s largest.

Crypto.com Accidentally Sent $400M Worth Of ETH – But It’s Not The First Time They Are Making Such An Error

Crypto.com has admitted to accidentally transferring a large stash of ETH to a rival exchange.The error sparked a wave of fear over the future of the exchange, which the firm’s CEO has downplayed.This is coming on the heels of FTX’s implosion, which has left the entire digital assets industry in a state of shock.As exchanges come under the microscope in the wake of FTX’s collapse, Crypto.com has made a ghastly error that nearly sparked a riot among its customers.

According to on-chain data from Etherscan, Crypto.com sent 320,000 ETH to an address associated with a competitor, Gate.io. The news of the accidental transfer raised concerns amongst community members following previous claims from Crypto.com that customer funds are kept in cold storage with Ledger being a custodial partner.

XRP Rival Powers Humanitarian Cash Disbursement to Ukraine Residents Impacted by the Russian Invasion

An XRP competitor is powering humanitarian cash disbursements to the people of Ukraine in the midst of Russia’s military aggression.

The Stellar (XLM) Development Foundation (SDF) and the International Rescue Committee (IRC) have launched a pilot for blockchain-powered aid disbursement in the war-torn country, according to a new press release.

Stellar Lumen (XLM) Price Signals Downturn, Upsides Could Be Limited

Stellar lumen price is trading below $0.0800 against the US Dollar, similar to bitcoin. XLM price must stay above the $0.0725 support to avoid more losses.

Stellar Lumen Price Analysis (XLM to USD)After forming a top near the $0.0920 zone, stellar lumen price started a steady decline against the US Dollar. The XLM/USD pair formed a high near $0.0911 before it started a fresh decline.

There was a move below the $0.0820 and $0.0800 levels. The price even settled below the $0.080 level and the 55 simple moving average (4-hours). A low was formed near $0.0725 and the price is now consolidating losses. There was a minor move above the $0.0750 level.

Foundation Behind XRP Rival Stellar (XLM) Tapped for Position on New CFTC Advisory Committee

The firm behind XRP competitor Stellar (XLM) will represent the digital asset industry in the Commodity Futures Trading Commission’s (CFTC) relaunched Global Market Advisory Committee (GMAC).

In a new company blog post, the Stellar Development Foundation says it will be one of four crypto-related firms to join the committee alongside representatives of traditional finance.

Best Practices for Crypto Wallet Security: Keeping Your Digital Currencies Safe from Hackers

Anybody even remotely associated with the digital asset sector would have heard of the term ‘cryptocurrency wallet,’ especially since the total capitalization of this space currently stands over $1 trillion. In their most basic sense, crypto wallets are tools that allow users to store, manage, and transfer their digital holdings while providing high security and convenience. This article highlights the best security practices for these wallets, including selecting the right storage solution, protecting one’s private keys, and avoiding common security pitfalls. So without any further ado, let’s get straight to the heart of the matter.

Tether CTO Paolo Ardoino Addresses Recent Reports, Says Company Had No Exposure to Collapsed Signature Bank

A top executive at stablecoin issuer Tether (USDT) is addressing recent reports alleging that the company had exposure to collapsed bank Signature Bank.

Tether’s chief technology officer, Paolo Ardoino, tells his 202,000 Twitter followers that the firm had no exposure to Signature Bank, directly or indirectly, despite a recent article by Bloomberg claiming that Tether used the bank to find its path into the US financial system.

Solana Creator Anatoly Yakovenko Says Ethereum Rival Can Already Handle Hundreds of Millions of Users

Anatoly Yakovenko says that the Solana (SOL) chain is already set up to handle hundreds of millions of users.

In a new interview on Token Terminal’s YouTube channel, Yakovenko says that he believes the Ethereum (ETH) rival has the capacity to handle the world’s blockchain requirements.

‌Fuck memecoins, says PSYCHO. Yep, you heard that right. Here's why it got our attention:

• Provocative? Absolutely, PSYCHO ain't afraid to challenge the status quo.
• Strong community? 100%. Bunch of defiant spirits rallying behind the coin. Our kind of crowd.
Launched? May 29th
• Results so far? 750 holders, $3.5m market cap.
• CEX listing? First listing on MEXC today at 12pm UTC.
• Next CEXs? They are in contact with Bybit, Huobi, OKX
• Tokenomics? Crystal clear. 90% for DEX liquidity, 5% for CEX, 5% for the community. No BS.

DYOR, but from my side, this might be a massive pump. Don't forget to thank me later.

🧿 Rating: coinmarketcap
💰 Buy: uniswap, mexc
🐦 Follow: twitter

US Banks Doing ‘Very Little’ To Recover $24,000,000,000 Stolen From Customers This Year: Report

American banks are doing “very little” to recover and reimburse billions upon billions of dollars stolen from customers each year, according to a new report.

People are struggling to get their banks to protect them from massive and systemic checking fraud, reports NBC Los Angeles.

The specific type of theft – which is expected to reach $24 billion this year – is carried out by criminals who cash stolen checks endorsed with fake names.