bitcoinlfg

Author: BTCLFGTEAM

  • Ex-Deutsche Bank investment banker faces up to 30 years behind bars

    Ex-Deutsche Bank investment banker faces up to 30 years behind bars

    • The former Deutsche Bank employee, Rashawn Russell, was arrested in April 2023.
    • Russell is accused of causing at least 29 investors to lose not less than $1.5 million.
    • Russell fabricated multiple documents and misled investors regarding the status of their investments to orchestrate his scheme.

    Rashawn Russell, formerly employed as an investment banker at Deutsche Bank, has admitted his guilt in connection with allegations of embezzling funds from investors enticed by promises of substantial returns from cryptocurrency trading, as confirmed by the US Justice Department. The news comes right on the heels of Deutsche Bank tapping Swiss crypto firm Taurus for crypto custody services.

    This plea comes on the heels of Russell’s arrest in April, which implicated him in an intricate fraudulent operation. He now confronts the possibility of a prison sentence of up to 30 years, in addition to the obligation to reimburse investors with a sum exceeding $1.5 million.

    Why was Rashawn Russell arrested?

    US Attorney Breon Peace issued a statement in which he remarked:

    “Russell exploited the fascination of investors in cryptocurrency markets to orchestrate a deception against trusting clients.” He further emphasized, “The expeditious conviction in this instance underscores our commitment to holding those engaging in deceitful practices within the digital asset sector accountable.”

    Details unveiled during the plea hearing, in conjunction with court records, reveal that between November 2020 and August 2022, Russell, who formerly worked as an investment banker and was registered as a broker with the Financial Industry Regulatory Authority, played a pivotal role in an intricate fraudulent endeavour. He duped investors into investing their capital into his R3 Crypto Fund by offering false assurances of substantial, at times guaranteed, profits stemming from cryptocurrency ventures.

    In reality, a significant portion of the investors’ finances was diverted by Russell for personal enrichment, gambling, and repaying previous investors. As a result of this deceitful operation, at least 29 investors suffered losses that amounted to no less than $1.5 million.

    Fabrication of documents and misleading investors

    As part of the fraudulent scheme, the Justice Department revealed back in April that “Russell fabricated multiple documents and misled investors regarding the status of their investments.” At one juncture, Russell purportedly sent an investor a doctored image of a bank statement supposedly sourced from a bank’s website, falsely indicating the availability of substantial liquidity. In another instance, when an investor sought to retrieve their investment, Russell neglected to transfer the funds and instead dispatched a counterfeit bank wire transfer confirmation to the investor, falsely suggesting the return of their capital.

    According to the April indictment, Russell’s duplicitous ploy targeted “numerous individuals, including his friends, former college classmates, and former colleagues at a financial institution,” the specific identity of which has been made known to the Grand Jury.

    Russell’s LinkedIn profile, which has since been deleted, disclosed his employment history at JP Morgan, Moody’s, and Deutsche Bank, where he commenced his career as a banking analyst in July 2018, ultimately advancing to the position of associate in July 2020.

    Share this article
    Categories
    Tags

    Source link

  • Is Domini, NEAR Protocol, or $BNB the Next 10x Investment Opportunity?

    Is Domini, NEAR Protocol, or $BNB the Next 10x Investment Opportunity?

    As investors seek the next big crypto breakthrough, three contenders have emerged: Domini.art, NEAR Protocol, and Binance’s $BNB. Each presents a unique value proposition, from bridging the gap between art and finance to revolutionizing decentralized applications and benefiting from the robust Binance ecosystem. In this article, we’ll explore these options to help you navigate the exciting terrain of crypto investments.

    Why $BNB stands out as a top contender

    $BNB, the native cryptocurrency of the Binance platform, presents a compelling investment opportunity for several reasons. Firstly, Binance is the world’s largest and most reputable cryptocurrency exchange, providing a secure and liquid environment for $BNB trading.

    Additionally, $BNB offers multiple use cases within the Binance ecosystem. It can be used to pay trading fees, participate in token sales, and access various DeFi services on the Binance Smart Chain.

    The growth of Binance’s ecosystem and its expanding utility for $BNB holders make it a promising long-term investment. Furthermore, $BNB has a history of strong price performance, attracting both traders and investors seeking potential returns in the dynamic cryptocurrency market. Despite Binance’s ongoing troubles with the SEC, predictions of its doom have proven time and again to be wrong. Binance was recently granted a license to do business in Dubai, adding to its legitimacy and staying power.  

    Domini Is Where Art Meets Finance 

    Art investment has historically been the domain of the privileged few, but $DOMI is changing this narrative. Through fractional ownership, investors can acquire shares of prestigious artworks, forging a path towards diversification and accessibility.

    $DOMI doesn’t just offer a platform; it offers a transformative journey through the old and the new. This inventive marketplace fuses traditional art and blockchain technology, effectively shattering the barriers that have long separated these two worlds.

    The heart of $DOMI lies in its dedicated NFT marketplace, where investors can explore ownership stakes of various artworks. This marketplace ensures not only liquidity and transparency but also a fair trading environment for fractionalized blue-chip art. Domini.art’s NFT marketplace offers a variety of options. From coolest NFTs to trending NFTs, the platform presents a range of choices for NFTs to buy now. Investors looking for the best NFT to invest in can explore the marketplace and be part of the community that’s reshaping the art and crypto landscape.

    The platform offers an accessible way to invest in high-end art through blockchain technology, making it a great beginner cryptocurrency option. For those wondering about which crypto to buy today for long-term investment, $DOMI’s unique fusion of art and blockchain could be a compelling choice.

    Visit Domini.art Presale

    So how about NEAR?

    Near Protocol ($NEAR) presents an enticing investment opportunity for several compelling reasons. Firstly, NEAR Protocol is designed to be developer-friendly, offering a scalable and secure platform for decentralized applications (DApps). Its focus on usability and simplicity has the potential to attract a broad developer community, driving innovation within the $NEAR ecosystem.

    The ongoing development and upgrades within the $NEAR ecosystem, combined with its commitment to scalability and interoperability, make NEAR Protocol a promising long-term investment option in the rapidly evolving world of blockchain and cryptocurrencies.

    Conclusion

    As the crypto market continues to offer diverse opportunities, the choice between $DOMI, NEAR Protocol, and $BNB presents a tantalizing challenge. $BNB stands strong with its historical performance and integration within the Binance ecosystem. Domini brings art and finance closer, democratizing art investment. NEAR Protocol, with its developer-friendly approach, hints at a promising future. The quest for the next 10x investment is ever-enticing, and these contenders offer intriguing paths to explore.

    For Info about $DOMI, visit Domini.art Presale or Join the Community.

    Share this article
    Categories
    Tags

    Source link

  • Japan’s banking giant Nomura launches Bitcoin adoption fund

    Japan’s banking giant Nomura launches Bitcoin adoption fund

    • Japan’s financial giant Nomura launches Bitcoin adoption fund
    • The Bitcoin Adoption Fund is offered by Laser Digital Asset Management, a subsidiary of $500 billion Nomura.
    • Laser Digital’s new fund offers long-only exposure to Bitcoin (BTC).

    Nomura, a $500 billion Japanese investment banking giant, has launched a new Bitcoin fund for institutional investors.

    The new fund is an offering from Laser Digital Asset Management, a subsidiary of the Japanese financial behemoth and will offer institutions access to investment opportunities across the digital assets space.

    Fund offers long-term exposure to BTC

    Per details in a report by Bitcoin Magazine, the new fund is Laser Digital’s first product in a series of crypto investment solutions lined up for the growing market. Institutional investors will have access to long-only exposure to BTC.

    Sebastian Guglietta, the head of Laser Digital, noted that with technology key to the world’s economic growth, the Bitcoin adoption fund will be a crucial transformational agent for investors. According to him, providing investors with a means to gain long-term exposure to the benchmark cryptocurrency ensures they are able to capture the current macro trend.

    Laser Digital is headquartered in Switzerland and made one of its big forays into crypto via a strategic investment in Ethereum-based DeFi protocol Infinity. As CoinJournal reported, the investment happened in February this year. The company has also acquired regulatory approval as a virtual asset provider from Dubai’s regulatory agency.

    As part of the Bitcoin offering, Laser Digital is collaborating with institutional-focused digital asset custody provider Komainu. The regulated company launched in 2018, founded by Nomura, crypto hardware wallet maker Ledger, and digital assets manager Coinshares.

    Share this article
    Categories
    Tags

    Source link

  • Bitcoin found support at $25k (again). YTD performance remains impressive.

    Bitcoin found support at $25k (again). YTD performance remains impressive.

    • Bitcoin found support at $25k (again)
    • YTD performance remains impressive
    • A dovish Fed may trigger even more strength

    Cryptocurrency investors may have been disappointed by the lack of volatility during the summer months—after all, Bitcoin, the leading cryptocurrency, only consolidated levels. 

    But one should keep in mind that Bitcoin rallied strongly in 2023. It returned over 61% in the trading year, and the bias remains bullish. 

    The bullish perspective is even more obvious if one looks at the yearly returns of Bitcoin. Since 2010, only in three years did Bitcoin deliver negative returns. 

    Buying the dip seems to have worked every time, even though the dips were quite scary. 

    Will the Fed’s decision boost Bitcoin?

    Tomorrow, the Federal Reserve of the United States (Fed) is expected to hold the funds rate steady. As always, the details in the FOMC Statement and the press conference will move markets. 

    Higher inflation than the Fed’s target was the main cause of rising interest rates. Now that inflation comes down from its highest levels, the Fed may feel comfortable that it will reach the target in a timely manner. 

    Therefore, a dovish Fed would trigger weakness in the US dollar and strength for Bitcoin. 

    The technical picture also favors more Bitcoin strength. The market bounced twice from $25k and now trades above $27k. A dovish Fed would send Bitcoin back to the $30k resistance area with big chances to move even higher. 

    Share this article
    Categories
    Tags

    Source link

  • Shiba Memu, Hifi finance, and Bitcoin price prediction

    Shiba Memu, Hifi finance, and Bitcoin price prediction

    • $26,500 level holds the potential to serve as a pivotal point for Bitcoin price.
    • According to market analysts, Hifi Finance could hit the highest price of $1.0.
    • At press time, one Shiba Memu (SHMU) coin was going for 0.028225 USDT.

    The crypto market is once again on a bull cycle after a brief bear market that saw Bitcoin briefly drop below $25,000. As the crypto market rallies a number of cryptocurrencies among them Hifi Finance, Bitcoin, and Shiba Memu are trending.

    Shiba Memu, a new cryptocurrency project is riding the meme coins and artificial intelligence wave. Alhough its first target is to contend the top position among meme coins, the coin will most likely be among the top cryptocurrencies by the end of 2023 going by the way investors are trooping to the project.

    Shiba Memu is currently in the presale phase and it has already raised $2,931,352.80. Besides using AI to market itself, the price of Shiba Memu (SHMU) beeps adjusting upwards every few hours, which could be a great proposition for investors.

    Bitcoin price prediction

    Upon conducting a thorough technical analysis of Bitcoin’s current position, it reveals a prudent inclination towards a bearish trend. At present, Bitcoin finds itself positioned slightly above the $26,500 support level, which was once a formidable resistance. It maintains a relatively stable position just above the $26,800 resistance, indicative of a potential formation of a double-top pattern.

    Bitcoin price chart

    An important feature to note is the presence of a descending trend line at approximately $26,750, which could act as a restraining factor for Bitcoin’s upward trajectory. Should Bitcoin manage to breach this trend line, it may set its sights on the $27,000 level. Beyond this threshold, the $27,600 level looms as a significant resistance, and surpassing it could potentially open the path towards the coveted $28,000 milestone.

    Conversely, if Bitcoin fails to overcome the $26,750 trend line, it might retrace its steps towards $26,600 or, in a more bearish scenario, revisit the $26,000 support level. Such a retracement could trigger heightened selling pressure, potentially leading to a decline in price to around $25,250.

    Importantly, various technical indicators, including the 50-day exponential moving average and the relative strength index, signal the possibility of a forthcoming bullish momentum. Investors should maintain a vigilant watch on the $26,500 level, as it holds the potential to serve as a pivotal point. Prices surpassing this level could indicate favorable buying signals, while prices below it might suggest a tendency towards sell signals.

    Looking ahead to the upcoming week, several pivotal economic events are poised to exert influence on Bitcoin’s price dynamics, given the cryptocurrency’s correlation with macroeconomic factors. On Wednesday, September 20th, all eyes will be on the Federal Reserve as it releases its Federal Funds Rate, which is presently set at 5.50%. Simultaneously, market observers will eagerly anticipate the FOMC Economic Projections, FOMC Statement, and the ensuing FOMC Press Conference scheduled for 18:30. The stance adopted by the Federal Reserve, whether dovish or hawkish, can potentially trigger significant volatility in traditional markets, a phenomenon that often cascades into the cryptocurrency market.

    Moving to Thursday, September 21st, this day will bring forth Unemployment Claims data, with analysts predicting a slight increase to 222,000 from the previous figure of 220,000.

    Concluding the week on Friday, September 22nd, we will witness the release of the Flash Manufacturing PMI and Flash Services PMI, projected to be at 47.9 and 50.8, respectively. These indices offer valuable insights into the overall economic health and, if they deviate significantly from expectations, they can indirectly influence Bitcoin’s price by affecting market sentiment.

    Hifi finance price prediction

    Hifi Finance (HIFI) experienced a sharp decline in price following an impressive seven-day rally that had long been anticipated by token holders, ending a period of extended consolidation. This surge and subsequent drop occurred while Bitcoin (BTC) prices remained relatively stable, leaving the broader market yearning for a catalyst. In the midst of this, analysts suggest that the current environment is conducive for investing in alternative cryptocurrencies (altcoins).

    Hifi Finance’s price exhibited substantial volatility during this period. Over the past week, Hifi Finance (HIFI) witnessed an astounding 362% surge against the Tether (USDT) stablecoin on the Binance Exchange, concluding the trading session on September 16 at $2.320. This surge followed its breach of the psychologically significant $2.5000 level, reaching an intraday peak of $2.635.

    The sudden rise in Hifi Finance’s price was closely linked to a significant surge in trading volume on the Korean exchange Upbit. Upbit Korea accounted for approximately 65% of the total trading volume for the asset on that Saturday, with Wu Blockchain reporting a remarkable 208% increase in trading volume. It was noted that Upbit led the way in spot trading, accumulating up to $717 million in trading volume over the previous 24 hours. However, the price experienced a substantial decline of around 40% within the last day, triggered by Binance’s introduction of the HIFI perpetual contract.

    Notably, there was a noteworthy discrepancy between the prices of HIFI in the futures market and the spot market. HIFI futures were trading at a -40% premium compared to spot prices, a rare and perplexing phenomenon that raises concerns about the dynamics of Hifi Finance’s price.

    A perpetual contract, similar to a futures contract, is a derivative instrument but lacks an expiration date. It represents an agreement between two parties to buy or sell an asset at a fixed price without a specified expiry date. This allows traders to speculate on the asset’s value using leverage without the need to worry about their contracts expiring. While perpetual contracts offer the potential for amplified profits, they also carry the risk of rapid liquidation of traders’ positions if the asset’s price experiences a significant drop.

    The decline in HIFI’s price on Binance following the introduction of the perpetual contract can be attributed to several factors. Perpetual contracts provide increased liquidity, tighter spreads, and resistance to market manipulation, making them an attractive choice. It’s worth noting that Korean traders have been associated with pump-and-dump practices in the past. CryptoQuant CEO Ki Young Ju pointed out that this behavior may be influenced by the region’s strict capital controls, which limit arbitrage opportunities between global exchanges.

    Share this article
    Categories
    Tags



    Source link

  • Bitcoin tops $27k as Shiba Memu’s presales close in on the $3M mark

    Bitcoin tops $27k as Shiba Memu’s presales close in on the $3M mark

    TL;DR

    The cryptocurrency market has been bullish today, with prices of most cryptocurrencies up by more than 2%. With the market in a bullish state in the last few days, Shiba Memu is also closing in on a new record as its presale now stands above $2.9 million.

    Bitcoin crosses the $27k mark

    Bitcoin, the world’s leading cryptocurrency by market cap, has been performing well in recent days. It added more than 2% to its value over the past 24 hours as the rally continues.

    At press time, the price of Bitcoin stands at $27,290, up by 2.6% so far today. Bitcoin’s positive performance has also seen the broader crypto market embark on a mini rally. The total cryptocurrency market cap now stands at $1.08 trillion, up by more than 2% in the last 24 hours. 

    What is Shiba Memu?

    With the broader crypto market currently in a bullish mode, Shiba Memu’s presale has also been going excellently. Shiba Memu’s presale is closing in on a new milestone after adding more than $300k over the last few days. 

    Shiba Memu is a meme token project that combines AI and blockchain technology to create an unstoppable, entirely self-sufficient marketing powerhouse.

    According to the development team, Shiba Memu is designed to handle the work of various marketing strategies. As an AI-based platform, Shiba Memu will be active at all times. 

    The Shiba Memu platform will always be active in finding the best creative advertising campaigns, making it easier for entities and individuals to carry out marketing campaigns. 

    Shiba Memu was launched as a meme project thanks to the recent popularity of meme coins. Over the last three years, the market cap of meme coins grew from practically $0 to reach the $20 billion mark in 2022. 

    While most meme coins lack use cases, Shiba Memu is built differently. Shiba Memu has utility and will solve real-world problems for companies and individuals. 

    In their whitepaper, the team said Shiba Memu has self-sufficient marketing capabilities powered by AI technology. As an AI-powered platform, Shiba Memu will develop its own marketing strategies, write its own PR, and promote itself in relevant forums and social networks. Shiba Memu currently operates on two major blockchains, Ethereum and BNB Chain

    Shiba Memu’s presale nears $3m

    Shiba Memu’s presale continues to set new records, adding more than $300k over the past seven days. Last week, Shiba Memu’s presale investment stood at $2.6m, and it currently stands at $2.9m.

    The funds generated from the presale would be directed towards the development of some Shiba Memu products. Most of the funds would be used to develop Shiba Memu’s AI technology. 

    Click here to find out more about Shiba Memu’s presale event. 

    Should you invest in Shiba Memu today?

    Shiba Memu’s presale continues to generate more interest thanks to the project’s value proposition. In addition to that, the cryptocurrency market has experienced an excellent performance since the start of the year, with the prices of most coins and tokens up by nearly 40% during that period.

    Despite the positive performance, the market is still down by more than 50% from the all-time high set in 2021. Market analysts are now expecting Bitcoin and other cryptocurrencies to rally over the next few months. 

    Shiba Memu could be one of the biggest winners once the project launches and the token gets listed on crypto exchanges. 

    Shiba Memu is set to combine the powers of AI and blockchain technology to ease marketing strategies for companies and individuals. If the project gets the right level of adoption, its SHMU token could rally higher in the medium to long term. 

    Share this article
    Categories
    Tags

    Source link

  • BitGo and Swan partner to launch a Bitcoin-only trust company

    BitGo and Swan partner to launch a Bitcoin-only trust company

    Key takeaways

    BitGo and Swan to launch a new trust company

    Crypto custodian BitGo and bitcoin financial services firm Swan have announced plans to launch a Bitcoin-only trust company. 

    According to the press release published on Thursday, the Bitcoin-only trust company will offer custody without exposure to other digital currencies. The trust, which will be launched following regulatory approval, will combine BitGo’s custody capabilities with Swan’s expertise in fraud prevention and onboarding. 

    The companies said it would be the first Bitcoin-only trust company in the United States. BitGo CEO Mike Belshe said, 

    “We believe the best model for the Bitcoin industry is the same battle-tested model that has been part of the US financial industry for over a century: the separation of exchange and custody. Our teams have worked closely together for nearly a year on stronger qualified custody models. Early in 2023, we recognized the opportunity to establish a Bitcoin-only custodian, combining the unique capabilities of each company and supporting the innovators that will be at the forefront of pushing Bitcoin adoption.”

    BitGo remains a leading custodian in the crypto space

    This latest cryptocurrency news comes as BitGo continues to expand its presence in the cryptocurrency space despite the ongoing bear market. BitGo is one of the custodians Swan hired for its Bitcoin storage needs. 

    Cory Klippsten, Swan’s CEO, also commented that;

    “We immediately saw the vision,” said Cory Klippsten, Swan’s CEO. “For years, we’ve heard from major clients, partners, and other Bitcoin companies that they would prefer a Bitcoin-only software and services stack that is focused strictly on the best custody that leverages Bitcoin’s unique features. It’s important to us to build a custodian without the risks of securing many altcoins within the same trust company as Bitcoin. We want to do our part to build a dedicated ecosystem for Bitcoin, separate from industry speculators, to allow for innovation in custodial offerings.”

    This latest development comes a few days after South Korean Hana Bank and BitGo announced a partnership to launch a joint crypto custody venture. The joint venture will combine Hana Bank’s knowledge of financial services and compliance with BitGo’s crypto custodial solutions.

    Share this article
    Categories
    Tags

    Source link

  • Pro says ‘longer term momentum is starting to break in Bitcoin’

    Pro says ‘longer term momentum is starting to break in Bitcoin’

    long term momentum breaking bitcoin wolfe research
    • Wolfe Research analyst is concerned on recent price action in Bitcoin.
    • Rob Ginsberg explained why in a research note on Thursday.
    • The world’s largest cryptocurrency printed a Death Cross this week.

    Bitcoin slipped below the key $25,000 support this week which a Wolfe Research analyst finds concerning.

    Why is Rob Ginsberg worried about Bitcoin

    The world’s largest cryptocurrency tested that level in June as well but ended up rebounding strongly from there.

    But the fact that it broke below that strong support this time even if it did so only briefly is worrying because of what it says about the price momentum, as per Rob Ginsberg.

    Longer term momentum is starting to break in bitcoin. This is often one of our more reliable warning signs … crypto landscape is growing every more concerning.

    Ginsberg is currently bearish on the crypto market at large since Bitcoin is not the only one that challenged crucial levels in recent days.

    Bitcoin recently made a Death Cross

    Note that Bitcoin has also recently printed a “Death Cross” – its 20-day MA crossed below the 200-day MA that is broadly read as a sign of shifting sentiment and a possible downward trend in technical analysis.

    If the $25,000 level does not hold, the next support in Bitcoin is at $20,000.

    The Wolfe Research analyst also finds it concerning for the crypto space that its second-in-command – Ether is also currently trading at the key $1,600 level. His research note on Thursday reads:

    As the retail investor comes under pressure and liquidity is drained, our concerns will only grow for crypto prices.

    Share this article
    Categories
    Tags

    Source link

  • Bridging the Regulatory Gap with the Messier Horizon Mixer

    Bridging the Regulatory Gap with the Messier Horizon Mixer

    Bridging the Regulatory Gap with the Messier Horizon Mixer



    Introduction

    In the dynamic realm of cryptocurrencies, the ongoing debate between privacy and regulatory compliance remains a pivotal issue. Users seek anonymity and confidentiality, while governments and regulators insist on transparency to combat illicit activities. This article delves into a pioneering solution that addresses this regulatory challenge – the Messier Horizon Mixer.

    The Messier Horizon Mixer

    The Messier Horizon Mixer is a crypto mixing service tailored to offer users improved privacy while remaining fully compliant with government regulations. This solution serves as a crucial link between individual privacy rights and the necessity for regulatory oversight.

    Horizon: Privacy in Cryptocurrency Transactions

    Horizon, the Messier Mixer, stands as a testament to innovation in the world of cryptocurrency transactions. It seamlessly combines privacy features with regulatory compliance, making it a trailblazer in the crypto industry.

    Horizon’s Key Features

    1. Privacy Enhancement:     Horizon is a privacy-focused solution designed to anonymize cryptocurrency transactions effectively. It achieves this by enhancing blockchain security and privacy through the severing of the on-chain link between depositing and receiving addresses.

    2. zk-SNARKs Technology: Horizon leverages the power of zk-SNARKs to create unique shielded accounts using a 12-keychain seed phrase. This allows users to deposit and withdraw from any device as long as their account is imported into Horizon.

    3. Transaction Privacy: By utilizing zk-SNARKs, Horizon shields transaction details while validating them, ensuring the preservation of transaction privacy. With shielded accounts, only the sender has access to the deposited amount.

    4. Addressing Fund Entanglement: Horizon directly confronts the issue of user funds becoming entangled with fraudulent cryptocurrencies. They employ a method called “Search and Omit” to tackle this challenge effectively.

    5. Community-Powered Vigilance: The Search & Omit feature empowers users to browse through all deposits in their pool, giving them the option to omit transactions that appear suspicious. This encourages Horizon users to “Do Your Own Research (DYOR)” and unite as a community against bad actors.

    6. Fixed Pools for Optimal Anonymity: Horizon offers fixed pools for users to deposit and withdraw from. This approach is optimized for anonymizing deposits, especially when compared to variable amounts that are more easily tracked, especially with low initial Total Value Locked (TVL).

    7. Competitive Fees: Horizon stands out as the most cost-effective solution in the market, offering a mere 0.3% fee on user deposits. This positions Horizon as a strong competitor in the field of privacy applications, all while maintaining the highest levels of security.

    8. Supporting the Ecosystem: Similar to other dapps in the Messier ecosystem, Horizon’s fees contribute directly to the Virgo DAO treasury, supporting future investment opportunities and the development of other Messier dapps.

    Regulatory Compliance and Enhanced Security

    The Messier Horizon Mixer not only excels in providing privacy but also ensures the utmost security. Because it is fully compliant with government regulations, there are no platform risks, thereby eliminating user risks for the pools and funds. This makes it an even safer choice compared to alternatives like TornadoCash.

    Conclusion

    The Messier Horizon Mixer stands as a groundbreaking development in the crypto industry, offering a solution that harmonizes privacy and regulatory compliance. By embracing innovative technologies and a user-centric approach, it underscores the possibility of coexisting privacy and accountability. As the crypto landscape continues to evolve, the Messier Horizon Mixer exemplifies how the industry can adapt to fulfill both user and regulatory needs, ultimately fostering greater acceptance and adoption of cryptocurrencies. Explore Horizon now, as it has gone live, and delve deeper into this innovative solution that combines top-tier security with the most competitive fees in the market

    Explore the Messier Horizon Mixer here : horizon.messier.app

  • Bitcoin could head to $27k as Chancer’s presale nears $2M

    Bitcoin could head to $27k as Chancer’s presale nears $2M

    Key takeaways

    • Bitcoin has settled above the $26k level and could be heading towards the $27k resistance level soon.

    • Chancer’s stage two presale is now closing in on the $2 million mark.

    The cryptocurrency market is having a positive week so far. The prices of most cryptocurrencies are up by 2% since the start of the week and could record further gains in the near term.

    Chancer’s presale continues to break new records and is now closing in on the $2 million mark.

    Bitcoin eyes the $27k resistance level

    Bitcoin, the world’s largest cryptocurrency by market cap, is having a positive week so far. BTC has added more than 2% to its value over the past few days. At press time, the price of Bitcoin stands at $26,283.

    The positive performance comes despite FTX gaining approval to sell its crypto assets and the rising inflation levels in the United States. Bitcoin’s positive performance also saw some altcoins like Solana and Toncoin rally higher over the past few days. 

    What is Chancer?

    The broader crypto market has performed well so far this week, and this has been reflected in some projects still in their presale. Chancer is one of the projects that is breaking records with its presale.

    Chancer is a Web3 project designed to decentralise the betting ecosystem. The project seeks to build a web3 peer-to-peer (P2P) custom betting platform that allows users to place bets on a wide range of events, including custom-made ones. According to their whitepaper, bets on the platform can be live-streamed to ensure transparency. 

    The team explained that Chancer will be a decentralised online gaming platform and will improve the current services offered by traditional sports and casino betting platforms. On Chancer, there would be no restrictions on events users can bet on. Chancer users can bet on any event, even ones they make up themselves. 

    The project is currently in its presale and has raised a significant amount so far. The funds generated from the various presale rounds would be used in building Chancer’s decentralised P2P betting platform. 

    The platform is expected to have exciting features, including betting markets in real time and based on user interests, social media connections, and expertise. In addition to that, Chancer users can launch custom P2P betting markets, allowing other users to bet on their events and games. 

    Chancer’s second presale closes in on $2 million

    Chancer seeks to raise $2.5 million from its second presale stage. At the moment, the project has raised $1.951 million in this stage and is slowly closing in on the $2 million mark. 

    According to the Chancer team, there would be 12 presale events, with a combined target of $15 million. In this second stage, CHANCER, the native token of the ecosystem, is going for $0.011 per token, with the price set to increase to $0.012 in the third presale round.

    The CHANCER token would power the Chancer ecosystem, allowing users to carry out a wide range of activities. Token holders can create custom P2P betting events on the platform and can also bet on markets created by others. 

    At the moment, CHANCER is not available on cryptocurrency exchanges. The token can be purchased via the official Chancer website. To purchase the CHANCER token, simply connect any supported wallets to the presale link. Trust Wallet, MetaMask, Coinbase Wallet, and Rainbow are some supported wallets. 

    Visit the Chancer website to get more information about the presale. 

    Should you buy CHANCER tokens at this stage?

    Chancer is in its stage two presale, and this could be an excellent time to invest in the project. The token is going for $0.011, and its price would increase to $0.012 in the third presale stage.

    Historically, the best time to invest in Web3 projects is during their presale. During the presale stage, the tokens can only be purchased by a limited number of investors, and their prices are usually low. 

    With the right level of adoption, Chancer could become an exciting Web project. Decentralising the betting ecosystem could be a big win for the Chancer team in the medium to long term. 

    Share this article
    Categories
    Tags

    Source link