SEC Chair Gary Gensler faced intense questioning about his regulatory approach to the digital asset ecosystem during a House Financial Services Committee hearing. Republicans on the committee criticized Gensler's strategy of enforcing regulations without providing clear guidelines for compliance, accusing him of disregarding the Commission's mandate to promote capital formation.
In particular, Representative Patrick McHenry grilled Gensler on the status of Ethereum, asking whether it should be classified as a security or commodity. Gensler struggled to provide a direct answer, stating that it "depends on the facts of the law." McHenry repeatedly pointed out Gensler's vague comments, noting his previous efforts to classify Bitcoin as a commodity and suggesting that there had been earlier private discussions on Ethereum.
During the hearing, McHenry called for legislation that would establish clear rules for cryptocurrency, a proposal that has been raised before. The debate over how to regulate digital assets is likely to continue, with the SEC playing a crucial role in shaping the regulatory landscape.
Forum
Sorted by last update
Cryptocurrency network marketing companies are businesses that use a multi-level marketing model to distribute their cryptocurrency products or services. They typically operate by recruiting members who purchase a product or service, and then earn commissions by selling those products or services to others. Some of the digital marketing for cryptocurrency companies may also offer training and support to their members, and may provide additional incentives such as bonuses or rewards for achieving certain sales goals or recruiting new members.
The U.S. Securities and Exchange Commissionâs (SEC) recent regulatory crackdown on the crypto industry has sparked concerns about its potential impact on innovation and development in the United States. The SEC has taken a hardline stance on enforcing regulations against cryptocurrency exchanges and platforms, leading to fears that many businesses in the industry will be forced to shut down or move to more favorable jurisdictions.
Pro-Ripple Lawyer Predicts the SEC Will Lose in Court
However, pro-Ripple lawyer John E Deaton believes that the SECâs efforts to regulate the crypto industry will ultimately be unsuccessful. Deaton points to several recent cases where the SECâs arguments were found to be lacking, including the Ripple lawsuit, the LBRY lawsuit, and the grayscale case. In these cases, judges have criticized the SECâs lack of clarity and faithful allegiance to the law.
Deaton sees the courts as the great equalizer in these cases and believes that the SEC will be unable to successfully enforce its regulations against the crypto industry. While the SECâs recent charges against Bittrex for operating an unregistered national securities exchange may seem like a significant blow to the industry, Deatonâs predictions suggest that the outcome of this case may not be as clear-cut as it initially appears.
TROPTIONS Television Network has emerged as a promising player in the online television industry. It offers exceptional content and advertising strategies that have garnered an enthusiastic following among both viewers and advertisers.
TROPTIONS Television Network's advertising solutions provide a lucrative platform for advertisers to connect with an active and varied audience. Unlike traditional television advertising, which can be challenging to target and expensive, TROPTIONS Television Network uses data analytics to understand its viewers, delivering precisely targeted ads. This maximizes the efficacy of campaigns and boosts ROI for advertisers.
Furthermore, TROPTIONS Television Network offers a variety of advertising options suitable for various budgets and requirements. Advertisers can opt for conventional pre-roll and mid-roll ads or choose innovative approaches like branded content and product placements.
For viewers, TROPTIONS Television Network offers unique and captivating programming that sets it apart from the standard, mainstream content. Its focus on niche programming that caters to particular interests and communities is a standout feature. Whether it is indie movies, documentaries, cooking shows, or fitness programs, TROPTIONS Television Network provides something for every viewer.
Moreover, TROPTIONS Television Network's on-demand programming model enables viewers to watch shows at their convenience, freeing them from rigid schedules. This flexibility makes it easy for viewers to watch their preferred shows, elevating their engagement and loyalty to the network.
Overall, TROPTIONS Television Network's value-added proposition lies in its innovative and targeted advertising and programming strategies. Its focus on niche content and advertising approach positions it uniquely in the online television industry, and it is poised for continued growth and success.
A crypto promotion company is a marketing agency that specializes in promoting cryptocurrency projects, exchanges, and related services. These companies offer a wide range of services to their clients, including social media marketing, content creation, community management, influencer outreach, public relations, and advertising campaigns. Crypto advertising company goal is to increase the visibility and adoption of cryptocurrency projects, as well as to build and engage communities around them.
Every industry uses blockchain technologies and builds businesses in blockchain networks. Blockchain is the public ledger of your business, everything is records distributed in the ledger, so no one canât break the chains. Do you know, nowadays MLM projects are created in the blockchain networks? When developing MLM software with smart contracts, it does increase user trustability and increases software efficiency.
Weâll discuss the article âHow does binance smart chain make MLM better â and âHow to develop the smart contract MLM on Bsc â.
First, letâs see: What is MLM software? MLM is Multi-level-marketing or Network Marketing. Direct sales companies promote the sale of product and services. It is the hierarchical sales method, existing members promote and sell the products, and bring new recruits to sell their products and the distributor pays some percentage amount giving the new sales recruiters. Every new distributor works under the distributor or downline.
Binance Smart Chain
In 2010, a famous crypto exchange platform launched the binance smart chain blockchain. Binance smart chain is suitable for the application-based smart contract. Bsc network is more compatible and effective than other blockchain networks. Binance smart chain is developed in the Ethereum virtual machine.
How does the binance smart chain make MLM better?
The binance smart chain enables you to offer excellent results while maintaining a comprehensive and secure foundation. It allows you to examine all areas while providing a comprehensive view of crypto and pyramid marketing.
Binance is the most popular cryptocurrency exchange, and it works for the good of the whole domain and its supporters. Its smart chain is one of the goods that provide a solid basis for the company.
Conclusion
You should work with a well-known business for providing smart contract-based MLM software development services. Clarisco Solution is a name you can rely on for high-quality crypto-based services and products.
When it comes to establishing an MLM utilizing the Binance smart chain, we keep you one step ahead. We make it feasible through strategic development approaches and a strategy that supports your business goals.
If you seek a reliable MLM solution, check the Binance smart chain now. You may provide your company with many prospects for success by using this solution. Contact us right away to see a product demonstration.
Book a demo > https://www.clarisco.com/smart-contract-mlm-on-bsc
WhatsApp: +91 8438836619
Telegram -https://telegram.me/Clarisco
Skype - live:62781b9208711b89
Email ID: business@clarisco.com
Click here, Our experts immediately contact you >https://bit.ly/40zuGLp
As the US Securities and Exchange Commission (SEC) approaches Bittrex, one of the country's "winding up" digital asset exchanges, the cryptocurrency community is in a state of anxiety. Bittrex has shut down its US operations after the SEC charged the exchange with breaking investor protection rules.
Bittrex is a target of the SEC for securities violations :
For the crypto community, which has been battling the issue of regulation for some time, this is a concerning development. Following years of going after businesses that produce digital coins, the SEC's enforcement efforts against Bittrex highlight how authorities are now focusing on crypto exchanges, including coinbase information and kraken information.
Since 2017, when it launched a thorough investigation into the then-emerging cryptocurrency market, the SEC has been looking into information from bittrex. Over the years, the agency has issued several subpoenas to Bittrex with the main goals of learning how it generates revenue and selecting which assets to list.
Bittrex violates the law by operating as an exchange, broker-dealer, and clearinghouse without registering with the SEC, according to the SEC lawyers' Wells notice. According to US law, companies that sell securities to investors are generally required to register with the SEC, abide by guidelines meant to protect investors' money, and disclose fees and risks.
The Importance of Assets on a Balance Sheet: Understanding Their Role in Financial Analysis
Wealth refers to possessing valuable possessions, resources, or assets. Its measurement is often based on monetary value, such as net worth, which calculates the total value of assets and fewer liabilities. However, wealth can also encompass non-monetary assets, including real estate, investments, intellectual property, or other valuable resources that contribute to overall well-being and financial security. Ultimately, the meaning of wealth can vary based on context, culture, and individual perspectives.
Net worth is the monetary value obtained by computing an individual's or entity's financial position. This computation involves subtracting total liabilities from total assets. It represents the remaining amount of money if all assets are sold and all debts are paid off.
Assets contributing to net worth may include cash, investments, real estate, personal property, or other valuable items. Conversely, liabilities refer to debts, mortgages, loans, and other financial obligations.
Net worth is a valuable tool for evaluating an individual's financial well-being and making crucial financial decisions such as investments, estate planning, and retirement planning. It is important to note that net worth provides a snapshot of an individual's or entity's financial situation at a specific point in time and may fluctuate as assets and liabilities change over time.
Net worth is a gauge that doubles as a measure of a business's fiscal soundness. In the corporate setting, it's commonly referred to as shareholder or owner's equity.
To compute shareholder equity, one has to subtract total liabilities from total assets, much like how net worth is calculated for an individual. Assets that are taken into account may include cash, inventory, property, equipment, accounts receivable, stock, and crypto while liabilities may include loans, accounts payable, and other financial obligations.
The resulting amount reflects the money that would be left if all of the business's debts were paid off and all assets were sold. Shareholder equity is a vital consideration for investors and lenders, as it provides a glimpse into the company's overall financial robustness and its capacity to settle its debts.
Assets are a fundamental component of a balance sheet as they represent what a company owns and have the potential to generate future economic benefits. On a balance sheet, assets are categorized into current and non-current, and they include items such as cash, accounts receivable, inventory, property, plant and equipment, and investments.
The importance of assets on a balance sheet is due to their ability to generate revenue and cash flow for a company. They also serve as collateral for loans and other financing activities, providing security for lenders. The value of assets can also affect a company's ability to attract investors and can influence the market value of its stock.
Additionally, analyzing a company's assets can provide valuable insight into its operations, growth potential, and financial health. For example, a high level of inventory or accounts receivable may indicate inefficiencies or problems with cash flow. Similarly, significant investments in research and development or property, plant, and equipment may suggest growth opportunities or the potential for increased profitability in the future.
In summary, assets are a crucial element of a balance sheet and play a significant role in evaluating a company's financial position and prospects.
Cryptocurrency Accounting On The Financial Statements | M& I (mergersandinquisitions.com)
This week the crypto market has been interesting to see as there were events that occurred and sparked a tantalising way that the market appears to be in the midst of a significant shift as the bulls have to have relaxed a bit after pushing the price higher. Meanwhile, the total crypto market cap is approaching the crucial $1.28 trillion level with a slight drop in BTC dominance. This could keep altcoins in the mainstream.
Here are the top 3 coins to watch this week.
1) ARB
The ARB price is following the lower trend line, which is acting as a strong resistance in the case of a bearish action.
2) FTM
The ercent pirce jump sliced through the bearish tarde setup and jumped high. However, bearish interference appears to be slightly higher at this level, but as the ADX is bullish, the price may continue rising to reach the interim target of $0.64.
3) OP
Optimism The price appears to be extremely bullish as it is heading high and is about to breach the upper resistance. However, a minor pullback within the triangle may also be imminent and compel the price to reach the apex and trigger a bullish breakout.
A study by Ipsos Canada surveyed 1,505 Canadians, which included 307 small business owners. The research shows that consumers view technology as a valuable asset for small businesses. A majority of consumers (69%) believe that technology has simplified the process of starting and expanding small businesses.
Younger generations such as Gen Z and Millennials have shown a preference for digital interactions while shopping (59% and 51%) and during the checkout/payment process (66% and 55%). However, both generations still value human interaction when it comes to customer service (74% and 84%) and communication (77% and 79%).
The study also indicates that there is potential for small businesses to further capitalize on e-commerce growth, as only 46% of consumers believe that it has reached its peak, while 57% of small business owners think otherwise.
Several factors contribute to the success of small businesses, including loyal repeat customers (63%), ability to innovate (51%), funds for team growth and development (48%), hitting sales/client acquisition growth targets for two consecutive quarters (47%), positive cash flow for two consecutive quarters (49%), and securing additional growth funding (42%).
The research study shows that technology plays a crucial role in the growth and development of small businesses. According to Ipsos Canada, consumers recognize that technology has made it easier to start and expand small businesses.
The study also highlights that younger generations, such as Gen Z and Millennials, prefer digital interactions while shopping and during the checkout process. However, both generations still value human interaction when it comes to customer service and communication.
Furthermore, the study suggests that there is untapped potential for small businesses to capitalize on e-commerce growth. While only 46% of consumers believe that it has reached its peak, 57% of small business owners think otherwise.
The research identifies several key factors that contribute to the success of small businesses, including loyal repeat customers, the ability to innovate, funds for team growth and development, hitting sales/client acquisition growth targets for two consecutive quarters, positive cash flow for two consecutive quarters, and securing additional growth funding. The perfect reason why The GivBux Super App with TROPTIONS PAY becomes the perfect app and Token for merchants to accept. The GivBux Super App and TROPTIONS PAY are now accepted in over 270,000 locations nationwide.
The BTC price has broken above a bearish rising wedge pattern on the daily chart, surging by over 8% to hit yearly highs above $31,000. Sure, the bears tried to pull it down, but the prevailing bullish trend seems to be holding steady.
Now, in the short-term, we might see a bit of a dip as Bitcoin (or any crypto) reaches the peak of the rising wedge pattern and visits support levels. But here's the thing - historical charts show that the price has never broken down from a rising wedge pattern when it's about to launch into a new all-time high. This happened during the previous bull runs in 2012, 2016, and 2021, and it looks like we could be in for another one.
So what's the prediction? Well, according to one analyst, we could be in for a huge upswing that lasts through 2023 and beyond. By the end of 2024, Bitcoin could be surging past the $100K milestone and even hitting levels around $150K before a bearish trend takes over in early 2025.
The world's largest crypto exchange, Binance, just burned over 2 million BNB tokens in their 23rd quarterly BNB token burn mechanism, and the price of BNB is up by 4% in the last 24 hours!
Binance aims to reduce its circulating supply to 100,000,000 BNB through its BNB Auto-Burn procedure. The exchange uses an Auto-Burn system to reduce the total circulating supply of BNB based on the BNB price and the number of blocks generated on the Binance Smart Chain (BSC) during the quarter.
The latest BNB burn included 2,020,132.25 BNB tokens burned through the BNB Auto-Burn procedure and 656.0230123 BNB burned through the Pioneer Burn Program. With this latest burn, Binance has now burned a total of 46.148 million BNB tokens to date.
Traders haven't immediately responded to the latest burn by Binance, but typically, quarterly BNB token burns are generally followed by an increase in the BNB price. And this time, the price of BNB is up by 4% in the last 24 hours, with the price currently trading at $333.
The upside momentum is supported by a 40% increase in trading volume in the last 24 hours, which is a good sign for BNB's future price movements. It's worth noting that the estimated value of the next burn is 2,009,639.84 BNB, which means we might see another rally in the price of BNB in the near future.
So, that's the latest news from Binance's quarterly BNB token burn. Stay tuned for more updates!
The Digital Currency Authority launched a CBDC that âstrengthens the sovereignty of central banksâ and complies with IMF recommendations.
In Short
- They describe the CBDC as the Universal Currency Unit or UMU for cross-border transactions.
- The 11,000 banks that comprise the SWIFT system would use digital currency.
IMF Launches Digital Currency for Use by Banks Worldwide. The Digital Currency Monetary Authority (DCMA), a body under the International Monetary Fund (IMF), today announced the launch of a CBDC (central bank digital currency) for use by all financial institutions around the globe. They officially made the launch announcement during the spring meeting of the World Bank and the IMF, which runs through April 16 in Washington, D.C.
In a press release, the DCMA describes its proposal as the Universal Currency Unit (UMU) or Unicoin, created to âconduct transactions in any legal tender.â The note adds that it âfunctions as a CBDC to enforce financial regulations and protect the integrity of the international banking system.â
To use it, banks integrated into the SWIFT interbank payment system will be able to attach codes and bank accounts to the UMU digital wallet and, from there, carry out cross-border transactions. This means that the system is available to the more than 11,000 financial institutions that comprise the SWIFT system in more than 200 countries.
Using UMU, banks would bypass âthe correspondent banking system at wholesale exchange rates.â As a result, transfers are made âat a lower cost and with instant settlement in real-time,â the statement adds. The DCMA notes that UMU adopts âa globally located public monetary system architecture.â They can configure it to comply with âthe central bank regulations of each participating jurisdiction.â
IMF revamps banking system by throwing winks at bitcoin
The launch of UMU comes 14 years after Bitcoin rendered banks obsolete by allowing fast, instant, and low-cost international transactions, features with which the DCMA throws a solid nod to Satoshi Nakamotoâs invention. However, the so-called monetary authority distances itself from the first cryptocurrency by clarifying that UMU complies with the recent crypto-asset policy recommendations proposed by the IMF.
Among the nine points in the plan on how countries should regulate cryptocurrencies stands out the plea not to grant crypto-assets such as Bitcoin the status of legal tender, as El Salvador did. The IMF has criticized El Salvador several times since the Central American country became the first in the world to adopt Bitcoin as a legal tender.
Robert F. Kennedy Jr. says Bitcoin is a way out of the crisis.
Robert F. Kennedy took a stand against the recently announced FedNow CBDC, which he considered a threat to financial freedom. Kennedy Jr. claims that Bitcoin provides an escape route for the public when âthe bubble invariably bursts.â The presidential candidate believes the government-issued digital currency is the ultimate surveillance and social control mechanism.
The U.S. economy is undoubtedly at its most fragile point in a long time, which has led many in the financial sector to prepare for the worst. Environmental lawyer and U.S. presidential candidate Robert F. Kennedy have taken a stand against the recently announced FedNow CBDC, which he sees as a threat to financial freedom due to his belief in alternative digital assets.
Specifically, Robert F. Kennedy Jr. claims that Bitcoin provides an escape route for the public when âthe bubble invariably bursts.â He also took to Twitter to assert that the Fedâs newly announced digital currency is amid âa steady barrage of hostile attacks on cryptocurrencies.â
âCryptocurrencies like Bitcoin give people an escape route out of the splash zone when this bubble invariably bursts. So the White House is in cahoots with banks to keep us all trapped in the bubble of speculation and control.â Kennedy
In addition, the presidential candidate said that government-issued digital currency is âthe ultimate mechanism for surveillance and social control.â This follows similar statements about the FedNow announcement, specifically about the threat to financial freedoms posed by the Fedâs CBDC.
Yearn Finance, a DeFi platform, was the victim of a flash loan attack in which the hacker withdrew millions of dollars. According to a Thursday report from blockchain security company PeckShield, the Aave V1 liquid protocol is the focus of the hack. The Yearn security team is aware of the problem and is developing a solution.
In a later tweet, PeckShield said that the misconfigured yUSDT, which is exploited to create large amounts of yUSDT from just $10K USDT, is most likely the primary reason. The enormous yUSDT is then converted to other stablecoins and cashed out. Aave's involvement in the hack remains to be confirmed, though.
According to Beosin Alert, the Yearn Finance hack resulted in a total loss of around $11,539,783. The wallets where Yearn Finance money was stolen the most, according to the blockchain security platform, were also identified. Additionally, it verified withdrawals from Aave Lending Pool Core V1 of 996k USDC, 570k DAI, and 241k USDT.
Stablecoins worth around $11.6 million were stolen by hackers, including 61K USDP, 1.5M TUSD, 1.8M BUSD, 1.2M USDT, 2.58M USDC, and 3M DAI. The hackers borrowed 634 ETH from AAVE and transferred 1.5 million TUSD to them. Following that, they exchanged some stablecoins for 600 ETH after transferring 1,000 ETH to Tornado Cash.
Yarn Finance Hack Does Not Impact Aave :
Samczsun, a crypto researcher, asserted that Yearn Finance's implementation of USDT, known as yUSDT, has been flawed ever since it was introduced about three years ago. He said that it had been "misconfigured to use the Fulcrum iUSDC token instead of the Fulcrum iUSDT token."
The Aave team acknowledged use of the Aave V1 protocol, which was unaffected by the breach. Stani Kulechov, CEO of Aave, confirmed this on Twitter.
Every industry keeps moving on Artificial intelligence to enhance business and update the future. Artificial intelligence is a digital revolution in the world and currently, the business market & peoples get ideas from these platforms. That ChatGPt is the artificial intelligence model, which is a platform to make a conversation between users to get ideas and information.
In this article, weâll discuss How ChatGPT is used for crypto trading platforms. Until you read it, you can get information about the chatGPT use in crypto trading and how to enhance your crypto exchange business.
How chatGPT is used for the crypto trading
ChatGPT is the more effective platform that helps the crypto trader to analyze future predictions. And also the ability to give information about the crypto exchange's real-time values. Letâs go weâll see more details about the chatGPT uses.
Creation of smart contract
ChatGPT has created a more effective smart contract for the DAOs. That can improve the organization and its work better than manpower development. It can follow rules and norms to create a smart contract.
Real-time cryptocurrency analyses in chatGPT
24*7 per day cryptocurrency values up and down the market and which cryptocurrencies values will grow in the future, so crypto traders canât monitor them and donât buy/sell the cryptocurrencies, but a chatbot does help the traders. Chatbot analyses the current market & analyses whole cryptocurrencies to provide real-time information. ChatGPT helps traders get chance opportunities and earn profits.
MYC trading
MYC trading can be possible in the chatbot. Chatbot can be predicted whether the digital token will be bullish or bearish in the market and also analyze the trends & momentum.
Final decision
ChatGPT is the revolution in information technology, that helps to people and the clear information gives to people. Like this chatGPT gives the solution to the crypto market. ChatGPT to crypto traders know above the details. This platform analyses the new trends in the crypto industries and helps the users to free-mind trade the crypto platform. If you come to the conclusion ChatGPT impacts more in the crypto industries more.
If you are the new baby in the crypto exchange, you will know the recent updates or any other know about details, Click here > https://bit.ly/41h8NBj
WhatsApp: +91 8438836619
Telegram -https://telegram.me/Clarisco
Skype - live:62781b9208711b89
Email ID: business@clarisco.com
Click here, Our experts immediately contact you >https://bit.ly/40zuGLp
TROPTIONS: A Potential Balance Sheet Enhancement
Balance sheet enhancement refers to actions taken by a company to improve its financial position and present a stronger balance sheet to investors, lenders, and other stakeholders. These actions can include reducing debt, increasing cash reserves, improving inventory management, and increasing the value of assets on the balance sheet. One potential option for balance sheet enhancement is the use of TROPTIONS.
In the same way, as Tesla used Bitcoin, TROPTIONS can be added to a balance sheet as a digital asset. TROPTIONS are a type of digital currency that can be acquired and traded like any other asset. By acquiring TROPTIONS at a fair market value, a company can add them to its balance sheet as an intangible asset, just like Tesla added Bitcoin to its balance sheet.
To account for TROPTIONS, the company would classify them as a non-current asset on its balance sheet, under a category such as "Digital Assets." The cost of acquiring the TROPTIONS would be recorded at their fair market value at the time of purchase, following the historic purchase value concept. Additionally, the cash flows related to the purchase of TROPTIONS would be included in the investing section of the statement of cash flows.
TROPTIONS is a crypto token that can be used as a medium of exchange for goods and services. It is an alternative to traditional fiat currencies, and its value is determined by supply and demand in the market. While it may not be as well-known as other cryptocurrencies like Bitcoin or Ethereum, TROPTIONS can still be a valuable asset for companies looking to enhance their balance sheets.
One way that TROPTIONS can be used as a balance sheet enhancement is by increasing the value of assets on the balance sheet. If a company purchases TROPTIONS at a low price and the value of TROPTIONS increases over time, the company can record the increased value on its balance sheet. This can make the company appear more financially stable and credible to investors and lenders, which can lead to better access to financing, higher investor confidence, and greater long-term growth potential.
Another way that TROPTIONS can be used as a balance sheet enhancement is by reducing debt. If a company has outstanding debt and uses TROPTIONS to pay it off, it can reduce its debt burden and improve its debt-to-equity ratio. This can make the company more attractive to investors and lenders, which can lead to better access to financing and higher investor confidence.
The blockchain technology used by TROPTIONS, as well as other digital assets, provides secure and transparent tracking of transactions, ensuring accurate record-keeping for companies using them. This can make them an attractive investment option for companies looking for transparency and security in their financial transactions.
Adding TROPTIONS to your balance sheet is possible and can be done following the same principles as adding Bitcoin. As digital assets become more widely accepted as a form of investment, it's possible that we'll see more companies following in Tesla's footsteps and diversifying their balance sheets with TROPTIONS and other digital assets.
Adding TROPTIONS to a company's balance sheet can provide several benefits. First, it can provide diversification to the company's investment portfolio. By adding TROPTIONS, the company can invest in a different type of asset that is not tied to traditional financial markets like stocks and bonds. This diversification can help to mitigate risk and potentially increase returns.
Secondly, the use of TROPTIONS and other digital assets can provide greater transparency and security in financial transactions. The blockchain technology used by TROPTIONS ensures secure and transparent tracking of transactions, reducing the risk of fraud and error in accounting.
Finally, investing in TROPTIONS can provide the company with exposure to a rapidly growing industry. As more businesses and consumers adopt digital currencies, the potential for growth in the market increases. By investing in TROPTIONS, the company can position itself to take advantage of this growth potential.
It's important to note that using TROPTIONS as a balance sheet enhancement strategy is not without risks. The value of TROPTIONS can be volatile and unpredictable, and there is always the possibility that the value of TROPTIONS could decrease, which could have a negative impact on the company's balance sheet. Additionally, TROPTIONS may not be a suitable strategy for all companies, as it depends on the company's specific financial situation and goals.
In conclusion, TROPTIONS can be a potential balance sheet enhancement strategy for companies looking to improve their financial position and present a stronger balance sheet to investors, lenders, and other stakeholders. By increasing the value of assets on the balance sheet and reducing debt, TROPTIONS can help companies appear more financially stable and credible, which can lead to better access to financing, higher investor confidence, and greater long-term growth potential. However, it's important to carefully consider the risks and potential drawbacks before implementing this strategy.
Binance clone script is a ready-made crypto exchange solutions that replicates the fundamental functionalities and features of the Binance Exchange. Entrepreneurs and businesses can customize the Binance clone script to suit their specific business requirements and launch their own crypto exchange like Binance.
Binance clone script typically includes features such as user registration, wallet integration, trading pairs, order book, trading chart, buy/sell orders, transaction history, and other essential features that are present on the Binance platform.
The purpose of the Binance clone script
The purpose of a Binance clone script is to provide a turnkey solution for entrepreneurs and businesses who want to launch their own cryptocurrency exchange platform similar to Binance. Binance is one of the largest and most popular cryptocurrency exchange platforms worldwide, and entrepreneurs who want to enter the cryptocurrency market may see the benefit in creating a platform similar to Binance.
By using a Binance clone script, entrepreneurs can save time and money on development costs and quickly launch their own cryptocurrency exchange platform. The clone script includes all the essential features and functionalities required for a successful cryptocurrency exchange platform, such as user registration, wallet integration, trading pairs, order book, trading chart, buy/sell orders, transaction history, and more. The script is highly customizable allowing entrepreneurs to add or remove features according to their specific business requirements.
Whitelabel Binance Exchange Clone Software
A white-label Binance clone software is a customizable crypto exchange software solution that replicates the core functionalities and features of the Binance. In other words, Binance clone script is designed to be revamped by entrepreneurs or businesses who want to launch their own cryptocurrency exchange platform.
With a white-label Binance clone software, entrepreneurs can quickly launch their own cryptocurrency exchange platform without investing significant time or resources in development. The script includes all the essential features and functionalities required for a successful cryptocurrency exchange platform, such as user registration, wallet integration, trading pairs, order book, trading chart, buy/sell orders, transaction history, and more. The highly customizable script allows entrepreneurs to add or remove features according to their specific business requirements and rebrand the platform with their brand name and logo.
Several benefits of using a Binance clone script to launch a cryptocurrency exchange platform.
Time and cost savings: Developing a cryptocurrency exchange platform from scratch can be a time-consuming and expensive process. By using a Binance clone script, entrepreneurs can save time and money on development costs.
Customization: Binance clone scripts are highly customizable, and entrepreneurs can add or remove features according to their specific business needs.
Ready-made solution: Binance clone scripts come with all the essential features and functionalities need to launch a cryptocurrency exchange platform, making it a quick and easy solution for entrepreneurs.
Proven success: Binance is one of the huge and most successful cryptocurrency exchange platforms extensively. The clone script has already been tested and proven in the market, reducing the risk of technical malfactions or bugs.
User-friendly: Binance clone scripts are designed to be handy, making it easy for users to transverse and conduct transactions on the platform.
Branding: With a Binance clone script, entrepreneurs can rebrand the platform under their own brand name and logo, giving them full ownership of their cryptocurrency exchange platform.
If you are looking for a skilled development team to create a crypto exchange platform then you are in the right place. Plurance offers the readymade Binance Clone Script with advanced features. With the scalable and reliability of the Binance clone script, our team of blockchain developers will help you shape your crypto exchange businesses.
Book a free demo @ Binance Clone Script
Have you heard the news about Montenegro teaming up with Ripple to develop a national digital currency? The Central Bank of Montenegro made the announcement on April 11, stating that they have signed an agreement with Ripple to develop a strategy and pilot program for a Montenegrin digital currency.
The country currently uses the euro as its currency, but this new move towards a digital currency could change things up for Montenegro. More details about the project are yet to be revealed, but RippleX's vice president for central bank engagements and CBDCs, James Wallis, said that the project will go through several stages before its practical application can be identified.
Wallis also revealed that a sandbox stage is planned to put the future digital currency into circulation under controlled conditions. The project is set to begin this month and will involve working closely with the Central Bank to determine use cases, key success factors, and timelines.
Central Bank of Montenegro Governor Radoje Å―ugiÄ added that the central bank would work with the government and the academic community to analyze the advantages and risks that CBDCs or national stablecoins could pose. The goal is to ensure an efficient financial system that is compliant with regulations, protects end users' rights, and maintains privacy.
It's worth noting that Ripple has been expanding in the CBDC space for months, with multiple CBDC projects ongoing around the world. This partnership with Montenegro is just one of many that Ripple is involved in.
Exciting times ahead for Montenegro as they make strides towards a national digital currency!
Have you heard about FTX's bankruptcy case? It seems that the reimbursement expenses for their legal team are just as exorbitant in February as they were the previous month. Can you believe that their lawyers and advisors pocketed a whopping $32.5 million in just one month?
A series of court filings from April 4 to April 10 detailed the monthly fee statements for February of the law firms involved with FTXâs bankruptcy proceedings. The figure didnât even include the CEO's recompense for February, which came in at $305,000.
John J. Ray III, the restructuring chief and CEO, billed at a staggering $1,300 per hour and reported working almost 256 hours for the period of Mar. 1 to Mar. 31, which makes his fees an eye-watering $327,470. On top of that, he also incurred expenses for airfares, lodging, transport, meals, and other expenses, totaling $1,703.
The law firms involved in FTX's bankruptcy case also billed a considerable amount. For instance, the law firm Sullivan and Cromwell billed a total of over $13.4 million for their services in February, with their employees collectively spending over 12,000 hours working on FTX. Can you imagine that?
It's a tough pill to swallow for customers still waiting for recompense, as the bankruptcy is far from over. It's reported that Sullivan and Cromwell alone will reap hundreds of millions of dollars before the firmâs bankruptcy investigation wraps up.
All in all, it's a complex situation, and we'll have to wait and see how it all plays out.
A crypto marketing agency is a specialized firm that provides marketing services for companies and projects operating in the cryptocurrency and blockchain industry. These agencies have a deep understanding of the unique challenges and opportunities that come with marketing in the crypto space. Cryptocurrency marketing agency work closely with clients to create and execute effective marketing strategies, which can include social media campaigns, influencer marketing, content creation, community management, and more.
FTX, under new CEO John J. Ray III, has released its first report identifying failures and mistakes of its former management under Sam Bankman-Fried that led to the collapse of the crypto exchange and its subsidiaries. The report highlights blunders in critical areas, including management and governance, finance and accounting, digital asset management, information security, and cybersecurity.
The findings were prepared through a review by a team of legal, restructuring, forensic accounting, cybersecurity, computer engineering, cryptography, blockchain, and other experts.
FTX's former management, including Bankman-Fried, showed little interest in implementing control frameworks and managing customer crypto assets. The new team has recovered and secured over $1.4 billion in digital assets in cold wallets and identified an additional $1.7 billion in digital assets that they are in the process of recovering.
Bitget, a crypto derivatives exchange, has launched a $100 million Web3 fund to support the next generation of Web3 projects. The exchange will target funding Web3-friendly venture firms and projects worldwide, with a focus on Asian projects from experienced teams with clear roadmaps that are working on real-world problems.
The initiative seeks to seek out projects that have the most impact on the process of making Web3 a truly global phenomenon, as Web2 once became, according to Gracy Chen, managing director of Bitget. Potential partners in the initiative include venture capitalists such as Foresight Ventures, ABCDE Capital, SevenX Ventures, DAO Maker, and Dragonfly Capital.
Bitget plans to expand its spot trading, launchpad, and Bitget Earn products in 2023. The exchange also acquired BitKeep wallet, a Web3 access gateway with over 9.5 million users, for $30 million.
=
GivBux's Super App with TROPTIONS PAY Takes the Giving Back Strategy by Storm
The concept of giving back to society has always been an essential part of our lives. However, with the advancements in technology, giving back has become more accessible than ever before. One such app that has taken the giving-back strategy by storm is GivBux's super app with TROPTIONS PAY.
GivBux's super app has taken the giving-back strategy to the next level by enabling people to save money while contributing to society. TROPTIONS PAY, the cryptocurrency that powers GivBux's super app, has made the entire process easier and faster.
The app is simple to use and provides a seamless experience to its users. With the app, users can easily browse through a wide range of products and services, shop at their favorite locations, and earn cashback and discounts on their purchases. Moreover, they can also donate a portion of their savings to a charity of their choice.
The growth of GivBux's super app with TROPTIONS PAY has been nothing short of phenomenal. In just a short time, the app has become one of the most popular apps in the market. This is largely due to its unique proposition of saving, earning, and giving back. With the app, people can make a positive impact on society while enjoying the benefits of saving and earning.
The fast growth of GivBux's super app with TROPTIONS PAY can be attributed to several factors. First and foremost, the app provides a unique value proposition that resonates with the public. By offering discounts, cashback, and the ability to give back, the app has created a win-win situation for its users.
Another factor contributing to the app's success is its ease of use. The app is designed to be user-friendly and intuitive, making it accessible to people of all ages and backgrounds. Additionally, the app's seamless integration with TROPTIONS PAY has made it even more convenient for users to transact on the app.
In conclusion, the growth of GivBux's super app with TROPTIONS PAY is a testament to the public's increasing desire to give back to society. By making it easy and rewarding to save, earn, and give back, the app has tapped into a growing trend of conscious consumerism. As more people become aware of the app's benefits, we can expect to see its growth trajectory continue upwards.
Many potential startups are now showing an interest in taking their businesses to the next level. For this, they need potential funds. This is where crypto crowdfunding comes in.
In the crypto platform, you can raise funds via popular crypto crowdfunding methods. The method of raising funds using security tokens is known as a security token offering. So, by creating an STO website, you can raise capital from global investors who have an interest in your project.
But you may think that why Security token offering is preferred by budding startups?? Because STO is governed by regulating organizations, it gives complete legitimacy, stronger security systems, and the absence of intermediaries.
Launching a Security Token Offering (STO) can be a complex process, and it's important to work with a reliable and experienced team to ensure the best quality services.
Here are some steps to take to find the best quality services for your STO launch
- Start by researching different STO launch service providers and comparing their offerings
- Look for companies that have experience in STO launches and have a good reputation in the industry
- A good STO service provider should offer a comprehensive range of services, including legal, technical, and marketing support
- Another important thing to consider is the cost of services when choosing a provider
In simple, choose the company that can provide end-to-end quality-rich STO launch services and support throughout the STO launch process. Hope, by following these steps, you can find the best quality services for your STO launch and set your startup on the path to success.
For more info, talk with industry experts
Whatsapp / Telegram: 91 95005 75285
Email: hello@icoclone.com
Skype: live: hello_20214
Former US President Donald Trump has expressed his concerns about the state of the US dollar on his social media platform, Truth. Trump believes that the Chinese yuan could potentially replace the US dollar as the world's top currency, which he says will likely happen during President Biden's time in office.
In a recent tweet, he stated that this would be the "biggest defeat" in America's history and it's happening quickly.
It's worth mentioning that numerous countries are moving away from the US dollar. The Malaysian Prime Minister recently stated that there's no need to rely on the dollar anymore. In Russia, the Chinese yuan has already surpassed the dollar as the most traded currency, and even the ASEAN nations are contemplating abandoning the dollar for settlements.
This week, Twitter users noticed that the platform's bird logo had been replaced by a Shiba Inu, the beloved dog that serves as both the logo and name for the popular cryptocurrency Dogecoin.
While some viewed this as an April Fool's Day joke, the price of Dogecoin has since surged in value, gaining nearly 30 percent. However, not everyone is thrilled about the logo swap. Cryptocurrency analysts and traders have voiced concerns, seeing it as a possible attempt to manipulate the price of the cryptocurrency.
Famous cryptocurrency analyst Chris Blec even took to Twitter to express his frustration, asking Elon Musk to remove the "f***ing doge dog" from his screen. It seems like opinions are divided on this move by Musk, but regardless, it has certainly caused a stir in the crypto community.
What's your opinion on this?
The Bitcoin bull market significantly dominated the first quarter with few altcoins showing signs of an imminent breakout. However, the BTC price has recently struggled to break above $29k despite the banking crisis and the rumors of an incoming global recession. Additionally, the Ethereum price has experienced a similar resistance level of around $1,800 despite the upcoming Shanghai upgrade.
Bitcoin Dominance
Notably, the Bitcoin market cap dominance is at a crucial point that will decide the near future of the altcoin market. Moreover, money rotates between bitcoin and altcoins through the stablecoins market.
Currently, at around 47.34 percent, Bitcoinâs dominance has bounced back to the same level three times since May 2021. A continuation above 48 percent will delay the largely anticipated altcoin season and vice versa.
QCP Capita: Bitcoin Price Analysis and Market Outlook
According to Singapore-based crypto options trading firm QCP Capital, perhaps the second quarter will prove profitable for the altcoin market while Bitcoin takes a breather. In a series of tweets, QCP Capital noted that Bitcoin and ethereum made any major moves since mid-March. The firm noted that the Bitcoin and Ethereum markets have held steady around the same range despite the high-impact news including the Fed rate hike by 25 bps.
The value of Dogecoin, a cryptocurrency that began as a joke, soared by more than 30% after Twitter changed its logo to the Dogecoin symbol. The value of the coin reached $0.43 each, making it one of the most significant rallies in recent times. Elon Musk is responsible for Twitter's decision to adopt the Dogecoin information icon as its logo, having posted a picture of a Shiba Inu dog, the breed that inspired the Doge meme, on Twitter with the word "Doge" and a link to an article discussing Dogecoin's potential as a currency.
Elon Musk surprised the cryptocurrency community by posting a screenshot of his conversation with the WSB Chairman on Twitter, discussing the possibility of creating a competitor to Twitter before its acquisition. WSB suggested "acquiring Twitter" and replacing the bird emblem with a bitcoin symbol. After Twitter adopted the Dogecoin icon, Musk tweeted as promised.
Twitter users have expressed mixed reactions to the recent Doge logo change. While some find it amusing and consistent with Elon Musk's style, others question the legitimacy of the platform, speculating whether it has been hacked or if this is a delayed April Fool's Day prank.
Amidst high global inflation rates, Bitcoin and major market equities have experienced an uptick in the first quarter of 2023. The largest digital asset by market capitalization, Bitcoin, has regained its pre-FTX levels and is on track to reclaim its pre-Terra Luna UST standings. Additionally, it has broken out of a macro logarithmic downtrend during the recent bull rally.
Bitcoinâs Rise Amidst High Inflation
With inflation rates on the rise globally, investors are seeking out alternative investment opportunities. This has led to a surge in the demand for Bitcoin and other crypto assets. As a result, Bitcoin has seen an increase in its value, reaching its pre-FTX levels and on its way to reclaiming its pre-Terra Luna UST standings. This rise in Bitcoinâs value is attributed to the shift in investorsâ preferences towards risky assets.
Similarly, major global indexes like S&P 500 and Dow Jones Industrial Average Index are also expected to revisit their all-time highs (ATH) soon. Despite a period of consolidation over the past three months, these indexes are likely to break out due to the shift in investorsâ preferences towards equities.
The growth and popularity of cryptocurrencies have undoubtedly been one of the most significant financial developments in recent years.
Surprisingly, regulators initially shied away from enforcing any regulatory measures on this new technology, thinking that it was a mere fad that would not survive the test of time. Apparently, they were very wrong and now cryptocurrencies are sought out as a strong alternative and a safer one. Read on.
No Regulation For Cryptos: Hereâs Why!
Nicole Sandler, head of digital policy at Barclays, argued that the apparent reluctance of policymakers was actually deliberate during a recent panel at the Citi Digital Money Symposium in London, which discussed crypto regulations in the United Kingdom, Europe, and the United States.
Related: Bitcoin and Ethereum Will Explode Fueled by Global Banking Crisis; Experts Unanimously Agree â Coinpedia Fintech News
Sandler explained that the policymakers did not view cryptocurrencies as a serious threat to the traditional financial system. Instead, they believed that crypto was a fad that would fade away over time. As a result, policymakers did not put in place regulations to govern the use of cryptocurrencies.
âI think one thing certain policymakers have said is that they left this market to do what it wanted to do because they thought it would essentially die,â she said. âAnd it hasnât died, itâs grown, itâs grown, itâs grown.â
However, in recent years, as cryptocurrencies have gained significant traction among investors and businesses, this view has changed. Regulators and lawmakers were compelled to reevaluate their approach to cryptocurrency as a result, and there is now a growing understanding of the necessity for regulation.
The GivBux Super app is an innovative platform that utilizes TROPTIONS PAY to provide users with a seamless digital payment experience. In addition to being an excellent solution for businesses and individuals, TROPTIONS PAY on the GivBux Super app can help non-profit organizations in several ways.
- Donations in TROPTIONS PAY
Non-profit organizations can receive donations in TROPTIONS PAY through the GivBux Super app. This is a great way for non-profits to expand their donor base by offering an alternative donation method that is quick, secure, and easy to use. Additionally, since TROPTIONS PAY is a TOKEN, donations can be received from anywhere worldwide, allowing non-profits to tap into a global donor network.
- Fundraising
Non-profit organizations can also use the GivBux Super app to host fundraising events and sell merchandise in exchange for TROPTIONS PAY. This is an excellent opportunity for non-profits to raise funds while offering donors an innovative and unique way to support their cause.
- No Transaction Fees
One of the benefits of using TROPTIONS PAY on the GivBux Super app for non-profit organizations is the NO transaction fees. Since TROPTIONS PAY is a TOKEN, transactions can be completed quickly and securely without needing a third-party intermediary. This can result in significant cost savings for non-profits, allowing them to allocate more resources toward their mission.
- Transparency
TROPTIONS PAY on the GivBux Super app provides a transparent and immutable record of all transactions, which can be particularly useful for non-profits. Donors can easily track their donations and ensure that their contributions are being used appropriately. Additionally, non-profits can use blockchain technology to create a transparent and accountable system that ensures all donations are used for their intended purpose.
- Global Reach
TROPTIONS PAY on the GivBux Super app can help non-profit organizations reach a global audience. Since TROPTIONS PAY is a TOKEN, donations, and payments can be made from anywhere in the world, providing non-profits with an opportunity to connect with donors and supporters from all over the globe.
But that's not all. Non-profit organizations that use the GivBux Super app can continue to make money by inviting others to join the platform using their unique invitation code. This creates a steady stream of income for non-profits, as they earn a portion of the transaction fees for all users they invite to the platform.
By leveraging the power of TROPTIONS PAY on the GivBux Super app, non-profits can not only raise funds but also keep the cash flow coming in. With No transaction fees, transparency, and a global reach, TROPTIONS PAY on the GivBux app is an excellent solution for non-profits looking to embrace the future of digital payments and create a sustainable source of funding for their cause.
In conclusion, TROPTIONS PAY on the GivBux Super app can be a game-changer for non-profit organizations. By providing an innovative and unique way to receive donations, host fundraising events, and sell merchandise, non-profits can expand their donor base and raise more funds. With NO transaction fees, transparency, real-time transactions, and a global reach, TROPTIONS PAY on the Givbux Super app is an excellent solution for non-profits looking to embrace the future of digital payments.
Now available on App Store and Google Play!
GivBux invitation code is(troptionspay) all lower case. Its FREE to use and start Saving, Earning, And Giving!
Arbitrum ($ARB) network, an Ethereum layer 2 scaling solution that uses optimistic rollups to achieve high throughput, has attracted significant attention from cryptocurrency traders since its much-hyped airdrop.
According to the latest market data, Arbitrum ($ARB) â which is currently trading on Binance, OKX, Bybit, Bitrue, and BTCEX â reported a daily traded volume of about $1,397,327,284 on Friday.
Rostin Behnam, director of the CFTC on Binance, âneeded to intervene aggressively and to do so as quickly as possibleâ to stop Binanceâs âcontinuing fraud.â
In Short
- CFTC Chairman Rostin Behnam Speaks Out on Binance Lawsuit
- He said the regulator âneeded to intervene aggressively and do it as quickly as possible.â
- He reiterated that Binance and his executives made an orchestrated effort to circumvent local regulations.
- âIt is an important case to take and establish a clear message for cryptocurrency exchanges.â
CFTC chief on Binance: âWe had to send a clear message.â Rostin Behnam has spoken out on the lawsuit against cryptocurrency exchange Binance. In an interview on CNBCâs Squawk Box, the head of the agency in charge of regulating derivatives in the country provided some details about ongoing enforcement actions. Echoing the lawsuit, Behnam noted that this is a clear case of violation of US law.
The major cryptocurrency exchange and its CEO, Changpeng Zhao, were sued by the watchdog in federal court in Chicago on Monday. In the lawsuit, the CFTC alleges that Binance violated derivatives trading regulations. They offered cryptocurrency trading to US clients without proper registration.
The head of the Commission emphasized that these Binance executives orchestrated intentional actions to evade US law. They also didnât want to register with regulators. Both the language of the director during the interview and that of the document seem to identify cryptocurrencies under the classification of âderivatives.â
âOver several years, we have found that Binance has been evading US laws, offering derivatives to US clients, and intentionally evading CFTC registration requirements. The case is a clear case of tax evasion. We needed to intervene aggressively and do it as quickly as possible because it was an ongoing case of fraud going back to 2019 and ongoing tax law violations.â
Rostin Behnam
CFTC wants to send a message to cryptocurrency players
They also mentioned the direct involvement of the companyâs top executives in the alleged violations. In this regard, host Rebecca Quick addressed documentation cited by regulators in the complaint. The documents expose the exchangeâs internal methodology and executives to intentionally evading regulations.
Specifically, Quick read an excerpt from the lawsuit citing internal messages between Zhao and former Binance chief compliance officer Samuel Lim. The two discuss urging US-based âVIPâ clients to get on the platform, using VPN to bypass access controls and local regulations.
The senior executives would have communicated through the Signal messaging application, which focuses on privacy and encrypted chats. Lim was also a defendant in the CFTC lawsuit. Behnam said that Binanceâs illicit offer of trading services within the US territory prompted regulators to intervene quickly to curb ongoing fraudulent activities.
The lawsuit alleges that Binanceâs global exchange, a US division called Binance.US, created a system to hide its true reach and operations. They also made a concerted and deliberate effort to conceal the location of the companyâs subsidiaries, with the aim of circumventing regulations in the US.
âNot having a headquarters in a country will not prevent the CFTC from coming after you. It is a critical case to take and establish a clear message for cryptocurrency exchanges and cryptocurrency participants worldwide.â
Rostin Behnam
He added that compliance actions also send a message to all players in the digital currency ecosystem.
What would be the appropriate punishment for Binance?
The Binance CEO spoke out Monday in a statement to defend himself and the exchange from the CFTCâs allegations. In the post, the company called the lawsuit âunexpected and disappointingâ and rejected the characterization of the facts.
âAfter initial review, the complaint appears to contain an incomplete listing of the facts. And we disagree with the characterization of many of the issues alleged in the complaint,â Zhao said.
Binance has been under the scrutiny of US regulators for some time now. The exchange even commented on these investigations in February. He expected to pay fines to âmake amendsâ for past violations.
The CFTC asks the court to bar Binance from further violations, civil money penalties, trading, and registration bans. Some observers have suggested that these measures could include a ban preventing the company from adequately registering in the US.
When asked by the Squawk Box host, Behnam did not provide precise details about âwhat would be an appropriate punishmentâ if the Binance lawsuit went âall the way.â Instead, the director limited himself to reiterating the CFTCâs request to the court and added that the agency feels âconfident with the case.â
OKX, the second-largest crypto exchange by trading volume and a leading Web3 technology company, has announced a major development in the FTX bankruptcy proceedings. The company will release approximately $157 million in frozen assets related to FTX and Alameda Research to debtors, in response to a motion filed today.
Proactive Investigation by OKX
In November 2022, FTX suffered a major collapse, sending shockwaves throughout the crypto community. In response, OKX launched a proactive investigation to determine if there were any FTX-related transactions on its platform. The investigation uncovered assets and accounts associated with FTX and Alameda Research, prompting OKX to take swift action to freeze the accounts and safeguard the assets.
Release of Frozen Assets
Now, in response to a motion filed by debtors, OKX is releasing the frozen assets. It's a big move and shows that the crypto industry is taking read more.
Digital currencies, such as TROPTIONS PAY and others, are becoming increasingly popular as a form of payment due to their efficiency, security, and convenience. As the world moves towards a more cashless society, digital currencies and cashless payment systems are likely to become even more prevalent.
The Givbux Super App may be an example of how digital currencies and cashless payment systems could integrate into our daily lives. With its focus on providing a range of financial services, including payments, investments, and remittances, the Givbux Super App may be able to offer users a seamless and integrated way to manage their finances digitally.
In a cashless society, digital currencies and cashless payment systems may also help to reduce costs associated with cash handlings, such as security and transportation expenses. Additionally, they may provide greater financial inclusion by enabling individuals who may not have access to traditional banking services to participate in the digital economy.
However, it's important to note that there may be challenges to fully transitioning to a cashless society. Some people may have concerns about privacy and security when using digital currencies or cashless payment systems. Others may prefer the tangible nature of cash and feel uncomfortable relying solely on digital payments. Additionally, there may be infrastructure and regulatory hurdles that need to be addressed for digital currencies and cashless payment systems to become widespread.
Overall, digital currencies and cashless payment systems may play a significant role in the future of payments and finance. TROPTIONS PAY and the Givbux Super App specifically will be major players in this future, they are part of a larger trend toward digital finance that is likely to continue.
On March 28, Safemoon Network experienced an attack on its BNB liquidity pool, resulting in a loss of approximately $8.9 million. The attack exploited a faulty smart contract design that allowed any user to burn tokens from any address. The attacker siphoned SFM tokens from the Safemoon-WBNB liquidity pool, artificially raising the SFM price, and sold them into the same liquidity pool at an inflated rate, wiping out the remaining WBNB.
SFM Price Dips and Stabilizes
Following the attack, the SFM token price dropped by up to 40% in the last 24 hours but has since stabilized. Coingeckoâs latest market data shows that SFM traded at around $0.0001849, down by approximately 20% during the early London market. Despite the dip, the Safemoon (SFM) still has a market capitalization of about $106,958,984 and a 24-hour traded volume of approximately $1.1 million... read more
The US crypto community is facing turbulence as authorities continue to clamp down on the industry. Recent events suggest that the US government has been secretly targeting crypto companies and top crypto exchanges with false allegations in an attempt to move crypto out of the country.
The Securities and Exchange Commission (SEC) has been particularly active, targeting many crypto firms for selling unregistered securities on exchanges, but has not clearly stated which cryptos are securities and which are not. Now, it appears that the SEC and other regulatory bodies are trying to take down crypto firms and move them out of the US...read more
Jimmy Vallee, managing director of Valhil Capital, has sparked a new debate about the XRP buyback idea, which has now led to the questioning of the practicality of utilizing XRP as collateral. Chief Technical Officer of Ripple David Schwartz has now reacted to these discussions.
In 2021, Vallee introduced the XRP buyback idea and it was predicated on the idea that XRP would eventually become the worldâs reserve currency. On the basis of this assumption, Vallee claimed that governments should own substantial amounts of XRP, calling for the planned buyback.
Read more : https://coinpedia.org/ripple/r...p-a-good-collateral/
If you haven't heard about TROPTIONS, you're not alone. Despite being around since 2003 and registered with the SEC as a digital currency in 2004, TROPTIONS has remained relatively unknown to the wider public. This is surprising, given its status as the first barter token, and the fact that TROPTIONS holders have perfected the art of peer-to-peer transactions, which is at the core of what makes cryptocurrency so revolutionary.
One reason for TROPTIONS' lack of mainstream recognition could be its focus on real-world use cases. While other cryptocurrencies have focused on speculative trading, TROPTIONS has been used to sponsor NASCAR teams and Arena football leagues, traded for properties, cars, boats, trucks, gold, gold claims, balance sheet enhancements, and many more. By focusing on real-world use cases, TROPTIONS has established itself as a practical and useful currency rather than just another speculative investment.
Another reason for TROPTIONS' relative obscurity could be its lack of presence on speculative exchanges. While many people criticized the founder and his team for not being on speculative exchanges, their game plan was to master peer-to-peer transactions and be used as a form of currency to purchase goods and services from major retailers. This strategy has paid off, with TROPTIONS PAY now accepted in over 270,000 locations nationwide and expanding worldwide. TROPTIONS PAY is on the Givbux Super App, which is invitation-only. The invitation-only code is (troptionspay) all lowercase. With this app, users can save money, earn money, and give back to their favorite charity.
In conclusion, TROPTIONS' lack of mainstream recognition is surprising given its status as the first barter token and its early registration with the SEC as a digital currency. However, by focusing on real-world use cases and mastering peer-to-peer transactions, TROPTIONS has established itself as a practical and useful currency rather than just another speculative investment. With TROPTIONS PAY now accepted in over 270,000 locations nationwide and expanding worldwide, it's only a matter of time before more people become aware of this groundbreaking currency.
The Surprising Success of TROPTIONS: The First Barter Token
#TROPTIONS #BarterToken #DigitalCurrency #PeerToPeer #RealWorldUseCases #Cryptocurrency
TROPTIONS, Barter Token, Digital Currency, Peer-to-Peer, Real-World Use Cases, Cryptocurrency, TROPTIONS PAY, Givbux Super App, Save Money, Earn Money, Give Back, NASCAR, Arena Football, Properties, Cars, Boats, Trucks, Gold, Gold Claims, Balance Sheet Enhancements.
Binance, the worldâs leading cryptocurrency exchange, has announced the opening of a new regional hub in Georgia to promote blockchain education, accelerate crypto adoption, and boost talent acquisition in the Eastern Europe and Western Asia region. The move comes after Binance announced a series of strategic partnerships, initiatives, and community events in Georgia, which has become an important country for Binance due to its strategic location and crypto-friendly regulations.
The new hub will facilitate educational initiatives, create dozens of jobs, and strengthen crypto development in the country. Binance has been actively engaging with the Georgian crypto community through three community meetups that attracted over 2,000 people. The exchange has also partnered with CityPay, the Georgian Innovation and Technology Agency (GITA), and launched a Binance Charity initiative to support women-focused Web3 education.
Binanceâs CEO Changpeng Zhao (CZ) visited Georgia in November and met with Prime Minister Irakli Garibashvili and the local business and crypto communities. Binanceâs expansion in Georgia is a part of its offshore expansion strategy, as the exchange continues to face regulatory crackdowns in the US. Georgiaâs crypto-friendly regulations, strategic location, and innovation make it a perfect location for Binance to expand its presence in the region.
Cryptocurrency and blockchain technology are increasingly gaining popularity as they offer transparency and efficiency, unlike traditional financial systems. The cryptocurrency market is relatively new but has immense potential, and blockchain technology enables business operations across different domains.
However, Shibarium, a Layer-2 alternative for Shiba Inu, recently faced backlash over allegations of being a clone, which upset the community. The development team's transparency has also been questioned, sparking controversy in the Shiba Inu community.
In an effort to rectify the situation, the Shiba Inu head developer announced the release of documentation outlining the operation and construction of Shibarium. The team is also making efforts to increase transparency, gain user trust, and surprise the community with additional updates.
Shibarium is advertised as having 10,000 times lower transaction fees than Ethereum, making it a game-changing technology to watch.
Full article: https://coinpedia.org/altcoin/...nd-how-it-was-built/
Cryptocurrencies have taken the world by storm in the past decade, with Bitcoin leading the way in terms of popularity and adoption. However, as the cryptocurrency market continues to grow, there are now numerous alternative digital currencies vying for investorsâ attention. Among these cryptocurrencies is TROPTIONS, which has been gaining traction and standing out from the rest. In this blog, we will explore what sets TROPTIONS apart from other cryptocurrencies and why more people are turning to it as the banking system becomes less reliable.
TROPTIONS is a unique cryptocurrency that stands out from the rest in several ways. One of the most notable features of TROPTIONS is its focus on being a utility token. This means that the currency is designed to have real-world applications and uses beyond just being a speculative asset. TROPTIONS can be used to purchase a wide range of goods and services from businesses that accept it as payment. This makes it a more practical and tangible cryptocurrency than some of its competitors.
Another feature that sets TROPTIONS apart from other cryptocurrencies is its emphasis on education and community building. The TROPTIONS team is dedicated to helping people understand the benefits and potential of cryptocurrency and how to use it effectively. They offer educational resources, webinars, and other events to help people become more comfortable with the technology and feel confident using it in their daily lives.
As the global banking system becomes more unstable, people are looking for alternative ways to store and transfer value. Cryptocurrencies like TROPTIONS offer a decentralized and secure solution that is not subject to the same risks and vulnerabilities as traditional banking systems. The collapse of banks and the increasing level of government control over financial systems is causing more and more people to seek out alternative means of financial management. TROPTIONS provides a secure, decentralized, and stable option for those who are looking for an alternative to traditional banking.
Moreover, TROPTIONS is not just a currency, but it is also an ecosystem that offers a wide range of products and services. The TROPTIONS ecosystem includes a marketplace, a wallet, and even a real estate division. This means that users of TROPTIONS have access to a comprehensive suite of tools and resources that make it easier to use and manage their cryptocurrency investments.
In conclusion, TROPTIONS tokens stand out from other cryptocurrencies in many ways. It is a practical and useful utility token that has real-world applications and uses. TROPTIONS also offers a strong focus on education and community building, which makes it more accessible and user-friendly. As the banking system becomes increasingly unstable, TROPTIONS provides a secure and stable alternative for those who are looking for an alternative means of financial management. With its ecosystem of products and services, TROPTIONS is a comprehensive solution for cryptocurrency users.
Why TROPTIONS Tokens Stand Out: The Rise of Practical and Secure Cryptocurrency
Discover the Advantages of TROPTIONS Tokens over Other Cryptocurrencies
#TROPTIONS #Cryptocurrency #Blockchain #UtilityToken #SecurePayment #Decentralization
TROPTIONS Tokens, Cryptocurrency, Blockchain, Utility Token, Secure Payment, Decentralization, Banking System, Alternative Financial Management
Big news from Taiwan: the country's top financial regulator has been announced as the main body to oversee the crypto industry in the country. This move comes as many crypto companies and exchanges are calling for more clarity and friendlier regulations in the country.
The Financial Supervisory Commission (FSC) will oversee crypto payments and transactions initially, and the official announcement on naming the financial regulator as the crypto regulatory body could come as early as the end of March. The FSC is also working with industry representatives on "self-regulation measures."
However, NFTs or "non-fungible tokens" will not come under its crypto regulatory oversight as they are still emerging as an asset class and would be regulated later if required.
It's worth noting that Taiwan had previously taken a strict approach towards crypto, banning credit card use for crypto purchases last year due to risks associated with virtual assets. But with increased crypto activity in the country after China's crypto crackdown in 2021, the demand for clearer regulations and oversight has grown.
Many crypto companies, including Binance Holdings, Matrixport Technologies, and Woo Network LLC, sent a joint paper urging regulators for more friendly regulation that provides clarity for companies operating in Taiwan. They argue that unclear rules and categorizations can make it confusing for business operators, authorities, and customers.
The FSC's Banking Bureau is working on regulatory changes and consulting with crypto exchange operators on crypto regulations. Crypto exchanges providing virtual asset trading services will be the first to be regulated under the FSC.
It will be interesting to see how Taiwan's approach towards crypto regulation evolves in the coming months, especially as other countries in the region are taking active stances towards regulating the industry. Singapore proposed tighter rules on retail crypto trading, while Hong Kong aims to become a crypto hub with crypto-friendly regulations.
What are your thoughts on Taiwan's move to increase oversight on the crypto industry? Do you think clearer regulations and oversight will help the industry grow and thrive in the country? Let me know in the comments below!
Cryptocurrencies have become increasingly popular in recent years, with more people looking to invest in them. However, not all cryptocurrencies are created equal, and there are differences between speculative crypto on exchanges and decentralized tokens such as TROPTIONS. In this blog post, we'll explore the differences between these two types of digital assets and which one is best for everyday use.
Speculative Crypto on Exchanges
Speculative cryptocurrencies are those that are traded on exchanges and are mainly used for investment purposes. These cryptocurrencies are typically not backed by any asset, and their value is determined by market demand and supply. Some examples of speculative cryptocurrencies include Bitcoin, Ethereum, and Litecoin.
These cryptocurrencies are subject to high volatility, and their value can fluctuate rapidly. As a result, they are not ideal for everyday use, as they may not maintain their value for long periods.
TROPTIONS Tokens on the Bitcoin Blockchain
TROPTIONS tokens, which operate on the Bitcoin blockchain, are a decentralized digital asset that stands apart from speculative cryptocurrencies. Unlike speculative cryptocurrencies, TROPTIONS tokens have true underlying value as they have acquired tangible assets like real estate, precious metals, and other valuable items. This results in a more stable investment that is less likely to experience wild fluctuations in value, making it a sound choice for investors.
TROPTIONS tokens can be used for everyday transactions, such as purchasing goods and services online. This is because they are not subject to the same level of volatility as speculative cryptocurrencies, and their value is more likely to remain stable over time.
Main Differences between Speculative Crypto on Exchanges and TROPTIONS Tokens
The main difference between speculative cryptocurrencies and TROPTIONS tokens is their level of volatility. Speculative cryptocurrencies are highly volatile, and their value can fluctuate rapidly, making them less suitable for everyday use. In contrast, TROPTIONS tokens are backed by tangible assets and are less likely to experience the same level of volatility.
Another significant difference between the two is their level of decentralization. While speculative cryptocurrencies are decentralized, they are typically controlled by large mining pools or exchanges. In contrast, TROPTIONS tokens are completely decentralized and operate on the Bitcoin blockchain.
Which One is Best for Everyday Use?
When it comes to everyday use, TROPTIONS tokens are likely to be a better choice than speculative cryptocurrencies. This is because they are more stable and less likely to fluctuate in value, making them a more reliable form of payment for goods and services.
In addition, TROPTIONS tokens are more secure and less susceptible to hacking and other security breaches, as they are decentralized and operate on the Bitcoin blockchain.
In conclusion, while speculative cryptocurrencies may offer significant investment opportunities, they are not ideal for everyday use. TROPTIONS tokens, on the other hand, are more stable, secure, and suitable for everyday transactions, making them a better choice for those looking to use digital assets for practical purposes.
Have you heard about the recent study conducted by economists that has revealed 186 US banks are at risk of collapse due to increasing interest rates and potential customer withdrawals? It's a chilling reality that's difficult to ignore.
The study evaluated individual US banks during the Federal Reserve's swift rate-hike campaign, assessing asset books and market value losses. These assets, including Treasury notes and mortgage loans, are decreasing in value, leaving banks struggling to keep up. It's a recipe for disaster that could be the beginning of the end for many financial institutions.
To make matters worse, the study also analyzed the banks' funding percentages, with a focus on funding derived from uninsured depositors, those with accounts holding over $250,000. If even half of these uninsured depositors were to withdraw their funds rapidly from any of these 186 US banks, even insured depositors may face impairments. It's a ticking time bomb that could spell disaster for the entire banking industry.
But what about the Federal Deposit Insurance Corporation (FDIC)? This government agency provides insurance to depositors in case of bank failure. However, if half of the uninsured depositors were to withdraw their funds, even the FDIC may not have enough resources to protect all depositors. The question is, will it be enough to prevent a catastrophic collapse of the banking system?
It's essential to note that there is a significant limitation in this research. The study does not consider hedging strategies that may safeguard numerous banks against rising interest rates. These strategies involve financial instruments that protect against losses in value due to market fluctuations. Is there a glimmer of hope for the banking industry, or is it too little too late?
This study highlights the urgency of regular financial stability assessments and the importance of informed decisions by depositors when choosing a banking institution. So, what can you do to protect your hard-earned money? Start by doing your research and choosing a bank with a solid financial history and a sound strategy for managing risk.
Don't wait for a financial disaster to strike before taking action. It's up to all of us to be proactive in safeguarding our financial future. So, let's take action now to prevent a looming financial disaster!
Coinbase's Chief Legal Officer (CLO), Paul Grewal, has stated that the relisting of XRP, Ripple's native token, will depend on the legal reasoning behind the judge's ruling in the ongoing lawsuit with the US Securities and Exchange Commission (SEC), as well as Coinbase's assessment of the situation. Grewal made these comments during an interview with crypto-focused YouTube podcast channel, Thinking Crypto.
Grewal highlighted that Coinbase, as a publicly listed company, has a responsibility to tread carefully in this area, particularly with respect to any token that is subject to federal court litigation. He outlined three main factors that will influence Coinbase's decision to relist XRP: the legal reasoning behind the judge's ruling, the basis for the ruling, and Coinbase's assessment of whether the decision will be repealed or affirmed by the appeal court.
Coinbase suspended trading for XRP on its platform on December 28, 2020, shortly after the SEC's lawsuit against Ripple began on December 26, 2020. Despite the dynamics of the two-year litigation, Coinbase has not resumed trading for XRP, although the asset can still be found on the platform.
During the interview, Grewal commended Ripple's defense efforts against the SEC's charges and noted that Coinbase filed an amicus brief in Ripple's favor last year because he was completely persuaded by the Ripple defense's argument. He further mentioned that he hopes the court sees that the SEC has some holes in its theories. However, he asserted that the case could last much longer because whoever loses will take up the judgment in the appeal court.
Coinbase has had its legal run-ins with the SEC as the agency classifies some of its listed assets as securities. The exchange has delisted tokens such as Civic (CVC) and district0x (DNT) due to regulatory concerns.
Coinbase's decision to relist XRP will likely be influenced by the SEC's classification of XRP as a security, a claim that Ripple has vehemently denied. If Ripple wins the lawsuit, it could have significant implications for the wider cryptocurrency industry, particularly with respect to the classification of cryptocurrencies as securities. Nonetheless, it remains to be seen how the lawsuit will play out and what impact it will have on Coinbase's decision to relist XRP.
Will Coinbase relist XRP?
In today's world, we are all looking for ways to save money, earn rewards, and give back to our communities. The GivBux Super App is an all-in-one solution that provides all three of these benefits. It is the only app on the market that allows users to save money every time they shop, earns rewards that can be used for future purchases, and give to a charity of their choice.
One of the unique features of the GivBux Super App is its ability to save users money every time they shop. The app has partnerships with over 270,000 merchants nationwide, allowing users to take advantage of exclusive discounts and cashback offers. With every purchase made through the app, users can save money and earn rewards that can be used for future purchases.
In addition to saving money, users can also earn rewards through the GivBux Super App. Every time a purchase is made through the app, users earn GivBux points, which can be redeemed for discounts, free items, and other rewards. The more purchases made through the app, the more rewards users can earn.
One of the most impressive aspects of the GivBux Super App is its commitment to giving back to the community. Users can choose a charity of their choice to support through the app. Every time a purchase is made, a portion of the sale goes directly to the user's chosen charity. This feature has made the app incredibly popular with non-profits such as churches, booster clubs, and other charities. The GivBux Super App allows its supporters to give back to the community while also saving money and earning rewards.
Another unique feature of the GivBux Super App is the addition of TROPTIONS PAY, which makes it even more unique. TROPTIONS PAY is a digital currency that can be used to make purchases through the app. This feature adds an additional layer of security and convenience to the app, making it even more user-friendly.
The GivBux Super App has become incredibly popular across the country, with users loving the ability to save money, earn rewards, and give back to their communities all at the same time. The app has created the largest community of givers on the planet, with users proudly using the app as a status symbol every time they make a purchase. It's an all-in-one solution that has changed the way people shop, save and give back.
One thing to note is that the GivBux Super App is available by invitation only. But don't worry, it's easy to get started. Simply use the invitation code "troptionspay" (all lowercase) when you download the app, and you'll be on your way to joining the largest giving community in the world.
Once you have the GivBux Super App, you can start saving money and earning rewards at over 270,000 merchants nationwide. The app makes it easy to find deals and discounts at your favorite stores, and you can earn points with every purchase you make through the app. These points can be redeemed for rewards like free items, discounts, and more.
But the GivBux Super App is about more than just saving and earning rewards. It also allows you to give back to your community. You can choose a charity of your choice to support through the app, and every purchase you make will help support that charity. This feature has made the app incredibly popular with non-profit organizations and their supporters.
Overall, the GivBux Super App is an incredible tool for anyone looking to save money, earn rewards, and give back to their community. So don't wait - download the app today using the invitation code "troptionspay" (all lowercase), and start experiencing all the benefits of the largest giving community in the world.
GivBux Super App: The Ultimate Way to Save, Earn, and Give Back
GivBux Super App, save money, earn rewards, give back, largest giving community
#GivBuxSuperApp #SaveMoney #EarnRewards #GiveBack #LargestGivingCommunity
There are several ways to make money with your own TV channel, whether you're using TROPTIONS Television Network or another platform. Here are some of the most common monetization strategies:
Advertising: One of the most common ways to monetize a TV channel is through advertising. This involves selling ad space to businesses or advertisers who want to reach your audience. The more viewers you have, the more you can charge for advertising.
Sponsorships: Another way to make money with your TV channel is through sponsorships. This involves partnering with brands or businesses to promote their products or services. In exchange, they pay you a fee or provide you with other benefits, such as free products or services.
Paid subscriptions: You can also make money by offering paid subscriptions to your TV channel. This works particularly well if you have exclusive or premium content that viewers are willing to pay for.
Affiliate marketing: Affiliate marketing involves promoting products or services and earning a commission on any sales that result from your promotion. You can use your TV channel to promote affiliate products or services, such as by featuring sponsored content or product reviews.
Product sales: If you have your own products or services, you can use your TV channel to promote and sell them. This can be particularly effective if you have a loyal audience that trusts and values your recommendations.
Overall, there are many ways to make money with your own TV channel, and the best strategy will depend on your audience, your niche, and your goals. By focusing on creating high-quality content, building your audience, and exploring different monetization strategies, you can turn your TV channel into a profitable business.
TROPTIONTelevisionNetwork.Tv