Category: Cryptocurrency News

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PRESS RELEASE. Fast-rising Blockchain gaming platform PlayDapp has revealed the addition of a Play-to-Earn feature on its flagship game ‘’Along with the Gods: Knights of the Dawn’’. This development is expected to build on the existing features offered by PlayDapp. Play-to-Earn gaming is a rising phenomenon that has gathered steam in recent months. This is […]

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Telegram took the world by storm when it was first released in 2013. The brainchild of the Durov brothers, the founders of VKontakte (known as “Russia’s Facebook”), the cloud-based app soon became a synonym for secure, end-to-end encrypted messages, and a wide range of channels and user-friendly features. Telegram was an immediate hit and grew exponentially. From only 100,000 active daily users in October 2013, it reached 100 million in January 2016 and 500 million by the end of 2020: As of today, Telegram  is the fifth most popular messaging app in the world: Despite its success and growth, recent events have begun to  put into doubt the reputation of Telegram as the go-to safe messaging app: In June 2019, hackers were able to break into the Telegram accounts of thousands of top Brazilian officials, including President Bolsonaro In March 2020, Telegram mistakenly exposed the data of 42 million users (user account IDs, phone numbers, and names). Telegram suffered a massive data leak in August 2020 that exposed the personal data of over 500 million users. Cybercriminals were able to take advantage of Telegram’s chat scripting tools to hack bank account data. The cyber unit of the Chinese government claimed in 2018 to be able to hack into Telegram. These events have led millions of users to openly ask: is Telegram really that safe? Telegram’s Weaknesses, Exposed Telegram has been designed in a way that by default exposes its users to a variety of risks: Telegram needs access to the user’s phone contacts for registration and collects IP data (the user’s location). That means users can only message people they know, while the stored contact info jeopardises data security. Some end-to-end encryption options are offered using the MTProto 2.0 protocol, but some messaging remains unencrypted. Having a cloud-based architecture means all messaging histories are stored on Telegram’s cloud – where it is vulnerable to being hacked. With no other viable competing messaging solutions on the horizon, the only truly safe alternative may come in the form of a technology that is already revolutionising the global economy – Blockchain. The Secretum Solution – The Start Of The Secure Messaging Era In 2020, a team of crypto technology experts from Lithuania began work on the ultimate Blockchain-powered app, with the aim of creating the safest messaging protocol in the world – Secretum. Secretum is the world’s first and only decentralised, encrypted messaging app, built on the innovative Ethereum and Solana Blockchains. It offers users an easy, intuitive, and direct messaging platform, based on unique technological innovations: A completely secure and anonymous sign up, only needing a crypto wallet address. No need for names, IDs, or phone numbers (like Telegram). Total user privacy, without compromise. No cloud storage, no user moderation, and complete end-to-end encryption for all messages between users – completely eliminating the risk of hacks or data leaks. All messaging history and files are held on anonymous, independent, and non-connected nodes, on the Secretum network – which eliminates all points of failure and, as it grows and expands its nodes, becomes increasingly secure. In addition to its advantages as a messaging app, Secretum also revolutionises how crypto assets are exchanged. Via a proprietary P2P function, all fungible and non-fungible crypto assets can be traded P2P without the need for an exchange – as easy as sending a message to a friend. Thanks to Solana, the fastest Blockchain in the world, Secretum fully takes advantage of low gas fees, high block speeds, and minimal commissions. Secretum sets a new standard for global messaging apps, making communications more secure, more reliable, and more trustworthy than ever before. With its crypto trading functions, it positions itself to ride the trend of rising global crypto asset ownership and trading. Thanks to its technology and functions, Secretum has the potential to become a globally known and recognised brand, just like Telegram: only without its limitations. Join the Secretum Private Sale: https://secretum.io/

Hindenburg Research is offering a $1 million bounty for information on Tether’s reserves, with the firm stating that Tether is yet to disclose virtually anything “about its counterparties.”

Soldex is thrilled to announce that it has officially partnered with Speqto Technologies to accelerate the development of it’s decentralized exchange (DEX) solution and to build and program the A.I.-powered bots, that form part of the services offered by Soldex to the public. Speqto Technologies was selected as the vendor due to their extensive expertise in building Decentralized Exchanges (DEX) and A.I. trading bots. Soldex has confirmed that the partnership has already been finalized and that the two companies are well underway in the development process of the following features: Token Smart Contract Wallet APIs and Integrations DEX Development Staking Smart Contracts and Integrations Web Applications AI Bots implementation About Speqto Technologies Speqto Technologies Pvt Ltd. is a world-class service provider in Software technology and innovations. With over 6+ years of expertise in building safely operated and word-class Web, Mobile, CMS, CRM, ERP, Blockchain, AI & ML, IVR, VAS, and Fintech domain platforms. About Soldex Soldex is a native, scalable, and decentralized exchange, which is governed by the community and is built on Solana. However, Soldex is a first-of-its-kind base decentralized exchange (DEX), that is non-custodial, which means that, unlike centralized exchanges, Soldex.ai does not need to possess your tokens for you to be able to trade them. Instead, Soldex.ai allows users to trade in a secure and safe manner, utilizing peer-to-peer connections with liquidity that is supplied by other users. It is a third-generation crypto exchange that looks to solve the issues faced by order-matching centralized exchanges and trustless custody within current decentralized exchanges by employing advanced machine learning and neural network algorithms. Soldex Features Soldex.ai is one of the first basic decentralized exchanges (DEX) built on Solana and allows users to conduct peer-to-peer transactions in a safe and reliable manner, with liquidity provided by users. This third-generation cryptocurrency exchange will use advanced machine learning and neural network algorithms to solve the current problems faced by decentralized exchanges in order matching, centralization and trustless custody. Permissionless: Trade perpetual on any pairing. Our governance will ensure that the best trading pairs are available and that only the safest oracles are used. Efficiently Incentivized Liquidity: Liquidity pool trading is predicated on having enough assets in each pool to facilitate instant trades. Soldex addresses this requirement by incentivizing users to deposit assets and provide liquidity. Community Governance: Token holders can establish consensus by voting on governance proposals or introducing new proposals for a vote. Ecosystem Foundation Layer: Attract assets and build incentives that can empower an ecosystem of financial products. Real-Time Settlement & Light-Speed swaps: Faster and more efficient trading experience.  

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Facebook’s crypto wallet has been shot down by banking committee senators just hours after it launched a pilot.

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