I just tried to swap some WBTC to ETH and it took fees but the swap didn't seem to work. I also tried via 1inch to swap WBTC to USDT and same thing. Am i missing anything>? Example: https://etherscan.io/tx/0xa92d84f93014776fdcc1ab8ab9fac286fe4f2666d2dcdf93769ed66da2338212 submitted by /u/yjoodhisty [link] [comments]
I haven't been part of the crypto community for a long time. This event really pisses me off and makes me think of the benefit of crypto. 141 / 3200 = 4.5%. I haven't much experience with Paypal and international transfer, is 4.5% too much or normal? Personally, I found it too high. And reason…
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The digital asset xrp has gained more than 10% in value during the last seven days, shrugging off the losses a majority of crypto coins experienced last week. According to data from Whale Alert, someone moved 449.3 million xrp on December 19. Moreover, xrp holders are expecting to receive an airdrop from a project called […]
On December 15, 2021, CoinEx and its Philippine partners cohosted a “Meet the CoinEx Team” meet-up to celebrate the exchange’s 4th anniversary, which attracted many local users. At the meet-up, our Philippine partners Dell Omasas first introduced CoinEx’s CEO, Haipo Yang, to local users, which helped them gain a full picture of the founder of the exchange. They also played a commemorative video made for CoinEx’s 4th anniversary, which illustrated CoinEx’s original goals and the story behind its establishment. It told users all about the four-year journey of CoinEx, with a big thank-you to all partners and users. Although they are a thousand miles apart, the video brought users closer to CoinEx and encouraged them to place greater trust in the exchange. To give back to users, the event arranged three rounds of Quiz and Lottery and prepared surprise gifts in celebration of the 4th anniversary for the winners. At the meet-up, CoinEx’s Philippine partners also helped users learn more about CoinEx through Q&A sessions. Through this face-to-face meet-up, the gap between users and CoinEx was narrowed, and both local users and the exchange learned more about each other. The celebration showed the partners Dell Omasas’s recognition and passion for CoinEx in every detail. It also proved how much the exchange values and appreciates its partners and users in the Philippines. Apart from the meet-up in the Philippines, you will also be seeing more fascinating offline events hosted by CoinEx in December. For instance, the “Love Storm” Charitable Program will be held in Nigeria on December 20, and the meet-up at Minneapolis MOA, US will take place on December 21. CoinEx’s global presence is inseparable from the support and trust of partners and loyal users. Targeting the local market environment and user demands, CoinEx will recruit more partners for its localization in the Philippines and conduct more refined, market-specific operations and promotions. In the future, CoinEx will keep offering more user-friendly, more stable trading environments and services to its Philippine users in a world full of both opportunities and challenges. We look forward to meeting more users in the Philippines. Twitter : https://twitter.com/coinexcom
The Russian regulator believes that residents of Russia have the right to buy and store digital assets, but not with the help of the domestic financial infrastructure. So there won't be any ban and this is actually bullish news towards acceptance of cryptocurrency buy governments and institutions. The Bank of Russia will soon publish a…
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Shortly after rebranding from Anyswap last week, Multichain raised $60 million in a seed round led by Binance Labs.
Introduction These past two months many investors have been shocked by the slow bleed of the crypto market. Many cryptos have lost substantial amounts of their value, and attempts for recovering the prices have failed. The result is a tug of war between bulls-bears in which bears are currently winning. While this sounds easily understandable…
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Many would have others believe that NFTs are nothing more than tradable JPEGs, but this couldn’t be further from the truth. NFTs: Revolutionizing Ownership NFT stands for Non-Fungible Token – “Non-Fungible” meaning a unique signifier of ownership, and “Token” meaning a cryptographic record in a blockchain. Put together, NFTs are unique records of ownership that are stored in a blockchain. Since NFTs represent ownership, their potential applications are only limited by the human imagination. NFTs are already being used to sell music, heroes in blockchain games, and digital land from metaverse projects, e.g. The Sandbox. Additionally, recent developments in blockchain technology have enabled investors to purchase physical assets with NFTs. This is made possible by tokenization, the process by which physical asset ownership is encoded into a blockchain. This has many implications for the investments world, the most impactful of which is tokenized real estate. Pioneering Metaverse Real Estate NFTs are powered by smart contracts, bits of software that enforce digital agreements. Smart contracts make ownership management through NFTs extremely efficient by handling royalties, payment distributions, and the transfer of legal ownership rights. When applied to real estate, smart contracts take the place of middlemen such as buyer and seller agents, escrow agencies, banks, and title companies. This gives NFTs the potential to make real estate acquisition seamless and easy, cutting down the investment process from months to seconds, saving all parties from hassle and headaches. Futurent, a platform designed to make real estate investment easy, is capitalizing on this opportunity. Futurent allows investors to purchase real estate using fractionalized NFTs – NFTs that have been split into several pieces, each piece representing partial ownership in a property. By splitting ownership between multiple investors, Futurent lowers the amount of capital that’s typically needed to enter real estate. With Futurent, investors can also share revenue on rental properties, making passive income instantly. Futurent is developed by a fully doxxed team, has a global membership base, and prioritizes property acquisition in crypto-friendly locations, such as Dubai, Switzerland, and the Netherlands. Upon Futurent’s IDO launch in January of 2022, investors will be able to make purchases using top cryptocurrencies like ETH in addition to Futurent’s native FUTR token. The Futurent team is working diligently to secure several large partnerships, soon to be disclosed. These partnerships include secure DeFi protocols for investor privacy, finance and lending platforms for optimizing investment potential, blockchain insurance providers for investor security, and gaming partnerships for digital land sales. Conclusion Through cryptocurrencies, NFTs and blockchain, the digital and physical worlds are merging into the metaverse. Futurent, the pioneer in fractional NFT real estate, makes it easy for investors to enter the space.
PRESS RELEASE. Social-fi has been the trend of the blockchain industry as of late. The concept, closely linked to the idea of co-creating, combines the terms “social” and “DeFi” to promote a diversified interactive platform for the public. Element.Black, a recent social-fi platform transforms the concept to a new level by bridging the gap between […]
The history of cryptocurrencies started with innovation, passion, and determination. The launch of Bitcoin in 2009 marked a pivotal point for the world economy. However, this story also began with disappointment and one of the most important theft in its early tale. In 2014, when Bitcoin had just surpassed the $1 price, a group of hackers stole over $400 million or 700,000 BTC from crypto exchange Mt. Goxx and caused the platform to file for bankruptcy. Users were the most affected, most still waiting to receive compensation from the failed platform. The crypto industry has seen hundreds of hacks similar to Mt. Goxx, such as the Plus Token Scam which took millions in Bitcoin, Ethereum, and other tokens from their crypto wallets. Most recently, crypto exchange AscendEX, formerly known as BitMax, was hacked and lost over $70 million from its users. Per the company’s report, bad actors transferred the funds from the exchange’s hot wallet which contained funds on Ethereum, Polygon, and Binance Smart Chain. The exchange has around one million clients, some of which are major institutions. Thus, choosing a trustworthy exchange remains one of the most important points for crypto adopters. This metric has been on a constant rise and seems poised to only continue to increase. Amongst crypto exchanges in the industry, Phemex has a leading spot due to its security mechanism. The platform has never been hacked and has been able to keep its users’ funds safe with an innovative security system. Why Phemex Is Better Than The Competition Phemex uses a Hierarchical Deterministic Cold Wallet System. This allows each user to have their own cold wallet deposit addresses separated from the rest of the people on the exchange. In addition, the platform collects all deposits recorded, and via offline signature, the funds are sent to a cold wallet protected with multi-signature. The exchange was founded by a team with experience on Wall Street. Thus, they have set up a system that protects the users by scrutinizing and reviewing every transaction on the platform. Withdrawal requests are processed three times each day and both founders and operators must approve them, according to Phemex’s official website. In that way, any malicious actor or threat is immediately neutralized. Even after a withdrawal request was approved, the funds will be sent via offline signature from the exchange’s cold wallet. Other exchanges could have a security system in place but lack Phemex’s guarantees and its team experience. Hot wallets have been one of the most vulnerable single points of failure in a crypto exchange. Thus, Phemex has eliminated its use on the platform and claims all operations that take place within its system are conducted offline. In combination with Phemex’s Trading Engine Safety, which protects users’ funds in any market condition, and the User Account Safety, which includes a two-factor authentication mechanism and a high-end bookkeeping system, this platform meets the crypto and could meet any industry’s standards in consumer protection and security. Bitcoin alone could have over one billion users in the next five years, Ethereum many more due to the variety of use cases, and other blockchains similar or bigger numbers. Crypto and its underlying technology continue to gain relevance as potential tools to improve the current financial system or disrupt industries worth billions. Therefore, crypto exchange platforms with high-security standards, such as Phemex, will only grow in relevance as more people jump into the crypto space. Phemex could have one of the most robust security systems in the crypto industry, one required to onboard the crypto users of today and tomorrow and protect them from all the bad actors looking to prey on any platform’s weakness. Image: Pixabay
