Bitcoin Breaks $50,000 as Institutions Accumulate
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Not a long time ago, we published an article about Flirt Invest. After that we started getting a lot of messages from our readers asking us to check this company and their 3% daily profit. Today we are going to tell you whether the Flirt Invest is another scam project or a reasonable investment. 1) Registration The company claims that it has been officially registered under the following number: 13326826. This information is easy to fact-check. The registration chamber of England provides publicly available information about all companies. You can go to the website of the registration chamber https://beta.companieshouse.gov.uk/ and search for a company with this number or name. As you’ll see, FLIRT INVEST GROUP LTD is registered under this exact number. Registration address matches the address on the company’s website. Also at the Filling History tab we can check that they really have a capital statement for 1 million pounds. Judging only from this fact we can see that the company is not a scam, but we went on for further research. Not a single scam project will contribute the authorized capital, especially in this amount. 2) Address We decided to go to the business center, where the company is located, and investigate their office. The office is located almost in the center of London, and we can assume that the cost of real estate or even rent is extremely high. It is very unlikely that some questionable project would rent an office here, and even more so could get permission to register in such a place. The security confirmed that the company was registered here, however, unfortunately, it was not possible to get inside without obtaining a pass in advance. 3) Other things Despite the fact that we didn’t have any doubts about the project, we still decided to make a deposit ourselves. The goal was to check the quality of the client support, the speed of payments, and generally check how everything works. We asked the support a couple of questions and received answers from support in about 5 minutes. We made a deposit in Ethereum and a few days later we decided to withdraw the first profit. After requesting a withdrawal, we received tokens within a couple of hours. To draw a conclusion, it looks like the project is a great investment opportunity. We will continue to follow the news of the project. A piece of advice from us is to not invest all of your fortunes in one project, though. Be mindful and differentiate your investments.
"I think most of the time when developers are new to crypto and have a hard time learning Solidity, it is not due to the complexity of the language itself, but rather many skip learning about the fundamental inner workings of a blockchain… and try to approach writing a smart contract as you would write…
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BENQI, Avalanche’s first & only unicorn, is a very intriguing company. With nearly $2 billion in total value locked, the DeFi protocol is getting noticed by many people. Algorithmic liquidity will play a crucial role in the future development of decentralized finance solutions and products. What Is BENQI Exactly? As a company founded by individuals involved in Ethereum and its DeFi ecosystem, BENQI’s team acknowledged the potential of blockchain and crypto assets early on. Although Ethereum’s blockchain has technical limitations leading to scaling concerns and high transaction fees, Avalanche provided a solution. The blockchain has a different consensus algorithm, warranting a closer look. For BENQI’s team, Avalanche could help offset some of the load from Ethereum and provide a better transaction experience for users. Even though the Avalanche ecosystem is still in the very early stages, several DeFi protocols leverage its technology. As Ethereum congestion remains a pressing issue for many – as is the centralized nature of Binance Smart Chain – Avalanche can give BENQI a first-mover advantage. Bringing lending and borrowing services to this ecosystem combined with algorithmic liquidity market solutions puts a very different spotlight on this blockchain ecosystem. It is worth noting that BENQI can bridge to other blockchains. While it is native to Avalanche, it connects to Ethereum through the AEB bridge. For those users on Ethereum struggling with high gas fees – a common problem these days due to the NFT craze – Avalanche will provide a cheaper and faster alternative money market. BENQI will also generate revenue from protocols collected from borrowers and the interest spread. Those funds will be deposited into the Treasury for future uses. BENQI Milestones To Date With a strong focus on launching Liquidity Mining incentives for broader participation and the top-notch relation with key Avalanche staff and communities, BENQI plans to keep hitting milestone after milestone. Several of those milestones have been reached already, including a fundraising round of $6 million with the help of notable VC funds. Strategic investors include Dragonfly Capital, GBV, Arrington XRP, Spartan, and others. The service brought to the table by this liquidity market protocol has not gone by unnoticed. As its services cater to DeFi and DeFi-curious users alike, BENQI secured $1 billion in Total Value Locked within days after its launch. That number has now risen to nearly $2 billion as more users contribute liquidity to the platform to facilitate decentralized lending and borrowing. Avalanche is clearly a strong contender for DeFi liquidity due to its more efficient nature. On the topic of seed and private funding, BENQI noted a 3x oversubscription on both rounds. The public sale for BENQI ended on April 29, 2021, and raised $6 million. Investors benefit from a 21.6x return on investment at the current price. Who Are The Team Members? The BENQI ventures consist of multiple individuals who share a common goal of decentralizing lending and borrowing in the most efficient way possible. Three of its members are co-founders of Rome Blockchain labs, Inc, an incubator and software development firm. JD Gagnon is one of its co-founders, along with Hannu Kuusi and Alexander Szul. Kuusi has over two decades of ICT experience and has been a heavy crypto fan since the early days of Bitcoin. Szul manages the development of the BENQI liquidity market platform. With the help of crypto advocates Jason Tuang – a DeFi specialist with financial knowledge – and Hansen Niu – specialized in corporate strategy – the BENQI team started taking shape. These five individuals were joined by DeFi enthusiast and former small enterprise owner Dexter Lee and blockchain operations management specialist Dan Mgbor. Together, they created the liquidity market protocol the world knows as BENQI. The team will continue to push the boundaries of what the protocol is capable of and the services it can provide. Conclusion There are many benefits to BENQI, both for the users and the team itself. Being the first major liquidity market on the Avalanche blockchain creates a competitive advantage. Moreover, this move highlights the demand for alternative solutions to Ethereum-based decentralized finance. Finally, lower and faster transactions are beneficial to all parties involved. BENQI has the tools to compete with popular DeFi platforms such as AAVE, Compound, and CREAM. Moreover, the team is exploring options to bridge to other blockchains, including Binance Smart Chain. That will happen through asset rails that route from Avalanche’s C-Chain through BENQI to centralized exchanges and vice versa. Users can rely on the existing bridge or use BENQI to transfer assets to the Avalanche C-Chain. Having multiple options is a significant benefit to all DeFi enthusiasts. Image: depositphotos/grandfailure
As the largest banking and financial institution in Russia and one of the world’s biggest public companies, Sber’s move into digital assets is a significant one.
We generally do pretty well about not gloating. It doesn't help anyone to talk about your gains, it only serves your own vanity. Still, it's hard not to talk about some of the brilliance you've experienced (remember, we're all geniuses in a bull market). Please, don't post your values, but share some wins. Post from…
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The $25 million funding round, led by Valley Capital Partners, would enable Simba Chain to dedicate resources to new trends in the blockchain space.