Crypto enthusiasts can now HODL their crypto coins on BestChange.com, a rising platform for buying, selling, and trading virtual assets.
Launched in 2007, the company recently celebrated its 15th anniversary in June 2022 and has operated before the birth of the first publicly available decentralised cryptocurrency, Bitcoin.
Visitors to the website can exchange their digital assets in a simple, efficient new way. This will allow those new to the cryptocurrency game to circumvent difficult to navigate exchange platform interfaces and verification processes.
Another perk to BestChange.com is that it offers a wider selection of cryptocurrencies and rare tokens, where purchasers can gain access to a more diverse portfolio of coins available on the digital money market.
It also provides a safer, more secure platform for buying crypto via exchange monitoring. This is crucial for remaining secure with prized crypto wallets and avoiding fraudulent activities online.
For this, BestChange.com compiles a bespoke directory of reliable and trustworthy exchanges where people can buy, sell, or exchange some of the world’s top cryptocurrencies and digital tokens. This is possible now with numerous payment systems, including debit and credit cards.
Step-by-Step Guide to BestChange.com
For those ready to take a deep dive into the cryptocurrency exchange, here’s how to begin your digital wallet walkthrough.
To begin, users can select the left panel to select currently-owned cryptocurrencies and coins intended for purchase or exchange.
The centre section of the page will later reveal a list of trusted exchange providers, with the best rates posted at the top of the list by default.
The platform also provides a Calculator to verify exchange rates after converting funds. Users can later select a suitable exchange platform, click on the link to the website, and follow simple instructions to conduct the exchange.
Safe, Secure, Simples
BestChange.com also provides its Monitor solution, which offers an easy-to-navigate, intuitive interface that does not require any special knowledge or skills to use, making exchanging cryptocurrencies an effortless, simple task.
It also hosts a massive selection of over 250 reliable exchange platforms. These all include convenient functionality for choosing exchangers.
These are simple icons that inform users about specific conditions for exchanges, exchange information pages, reviews left by customers, and other key information.
More Crypto to Choose From
Users can also exchange cryptocurrencies without the need to verify their identity and can do so at competitive rates. People conducting transactions on the website can also choose from a huge selection of over 30,000 exchange direction pairs.
Monitor also provides offerings for cryptocurrencies, altcoins, and stablecoins such as Bitcoin (BTC), Ether (ETH), Litecoin (LTC) and many others. It also integrates e-payment systems such as PayPal, Advanced Cash, and Skrill as well as fiat currencies like cash, bank wires, Visa, and MasterCard.
Users can also buy cryptocurrencies across fiat currencies, including: USD, EUR, GBP, CNY, SEK, PLN, MDL, TRY, RUB, UAH, BYN, KZT, AMD, KGS, CAD, BGN, HUF, CZK, NOK, AZN, GEL, UZS, and TJS.
BestChange.com also gives users the option to send notifications to users for tracking exchange offers, desired exchange rates, and to verify that platforms have proven amounts of reserves.
The exchange platform also includes a converter option at the bottom of the website for easy access to tools to monitor up-to-date exchange rates.
The Need for Trustworthy Exchange Platforms
BestChange.com is one of the rising stars of the cryptocurrency world and is expected to create lasting change in a market rocked by volatility amid the recent collapse of FTX and Terra/Luna.
It is expected to build brand trust for many of the world’s cryptocurrencies, namely as multiple government regulatory agencies increase scrutiny over crypto exchange platforms.
It is now more important than ever to depend on a reliable, safe, and secure platform for monitoring the global market. BestChange.com aims to achieve this with its veteran exchange platform.
Bucharest, Romania, 12th December, 2022, Chainwire
After experiencing success in the crypto space, DeFi Yield Protocol announces a complete rebranding to Dypius. The experienced team conducted several months’ worth of research to come up with the best way to represent what they had evolved into over the years.
Dypius has the suffix of the nebulae in the galaxy. Nebulas are the formations of gas, dust, and other materials that “clump” together to form denser regions in the universe. They attract further matter and eventually become dense enough to form stars, planets, and planetary system objects. Dypius is the place of creation of stars, planets, and life. This is Dypius, a place to create and shape the future!
DYP began as a DeFi protocol at the dawn of decentralized finance, offering earning opportunities on three different blockchains. However, it was clear from the start that it would be developing into much more than that. In fact, the team sought to build a decentralized ecosystem with multiple DeFi products and services.
Soon, DYP expanded to include 12 unique products bringing value to the crypto market and its users. These solutions include the advanced analytics DYP Tools offering real-time data, market insights, breaking news, and updates on the latest market trends to empower users to make better-informed decisions.
The newly-rebranded Dypius keeps the DYP Tools as one of the ecosystem’s most lucrative features. The same goes for the Dypius Launchpad, which supports new projects by helping them raise capital in a decentralized environment and get exposure to Dypius’ global community.
Additionally, the team is developing the Dypius Metaverse, a unique metaverse platform integrating the CAWS NFT collection. This engaging and convenient platform offers an immersive experience with exciting environments to explore, real-time user interaction, user customization, and much more. The platform will include a standalone application and a PCVR) play-to-earn (P2E) game allowing players to use their NFTs as companions in various adventures or to check their crypto portfolios.
Users can take advantage of the Dypius Metaverse to bring their real-life businesses into a virtual space. Moreover, users can access unique opportunities to earn rewards and in-game assets. This platform offers unlimited possibilities for regular users and businesses through sustainable growth and constant innovation.
The DYP founder Mihai Busica commented on the protocol’s rebranding to Dypius:
“From the beginning, I have always envisioned a project that users can benefit from in an accessible and secure environment. I am extremely proud of our expert team’s dedication and the project’s journey from a simple protocol to an advanced decentralized ecosystem. I urge our users to enjoy exploring our ecosystem and embrace each opportunity.”
About Dypius
Dypius, formerly DeFi Yield Protocol (DYP), is a rapidly developing DeFi ecosystem incorporating numerous versatile solutions, including yield farming, staking, NFTs, analytical tools, and Metaverse gaming. The project runs on unique smart contracts using the protocol’s proprietary anti-manipulation functionality.
The protocol’s token, DYP, is listed on top-tier exchanges, such as Coinbase, Huobi Global, KuCoin, Gate.io, MEXC Global, Bitrue, Poloniex, and others.
The upcoming metaverse-based P2E game allows players to socialize in the open virtual world through features like the Mall, an NFT Marketplace, a DYP Shop, and a Trade Station. Furthermore, the game will feature a balance section, enabling players to deposit DYP and iDYP tokens to their wallets, withdraw rewards, or transfer credits.
For more information and to stay updated, visit:
Website | Twitter | Telegram | Discord
Contact
Daniel Garett
Dypius
[email protected]
London, United Kingdom, 12th December, 2022, Chainwire
Games metaverse Virtua has announced the launch of the Monster Zone. The first area to be released on Virtua Island, a key region of its home planet in the metaverse – Virtua Prime.
The launch of Virtua Island follows the successful launch of Cardano Island in the Virtua metaverse and both will form parts of a 3D world in the virtual space.
The Monster Zone draws together elements of the metaverse and gaming in ways never before possible and will be populated with amazing creatures from well-known IPs and new exciting brands. Through challenges and events, players will be able to acquire, craft, and trade various resources and creatures, to gain out-of-this-world riches and rewards.
Virtua is no stranger to working with monsters in the metaverse, having collaborated with Legendary Pictures on a number of exclusive digital collectible initiatives. The first of which was alongside the theatrical release of Godzilla Vs Kong in 2021, and more recently the launch of the Godzilla Vs Kong Legacy collection.
Land Plots and Condos are now available in the Monster Zone, unlocking a range of exciting features including access to the free-roam Monster Park, the Monster Hub, and specially themed cribs to store digital collectibles.
There are a fixed number of land plots to buy across Small, Medium, and Large sizes. Also launching is the Giga plot allowing owners to build their own tower in Virtua, and the popular metaverse Condos, which for the first time will be available to purchase on the Virtua iOS and Android app.
5,002 plots and 1,000 condos are available to purchase via the Ethereum network using ETH or Virtua’s native token TVK, those purchasing land with TVK will automatically receive a 10% discount. There are an additional 500 plots available to Cardano users, available to purchase in ADA.
Every land plot will include mineable resources that can be crafted into items to play, trade, or sell. Rarer plots include slots for land bots to help mine and explore, plus access to rarer resources and non-playable characters.
Further playable features are planned for the Monster Zone as well as a monster breeding programme which will include unique generative drops and revenue share opportunities for landowners. All landowners will get early access to all new Virtua Prime launches planned for the months ahead, plus chances to grab valuable items like relics, loot boxes, game cubes, and much more.
Virtua CEO and co-founder, Jawad Ashraf said: “In developing Virtua Prime we’re focused on tangible utility through blockchain technology, creating compelling reasons for individuals and brands to participate and own land in the metaverse. We want to answer the question; ‘Why own land in the metaverse?’ For us, it’s all about creating lots of fun and utility, and the Monster Zone is no exception.
“With high fidelity graphics, world-leading industry expertise and an exciting roadmap for continuous development, we are developing a genre-defining games metaverse. We can’t wait to welcome everyone into Virtua Island Monster Zone to experience Monster Zone and the Virtua metaverse.”
During the first day of the Monster Zone mint event, users will be able to mint Large Land Plots and Gigaplots only – and everyone who mints a Large Land Plot will also get a free Monster Zone NFT reward. Over the course of this mint week, everyone who mints a Small, Medium, or Large Monster Zone Land Plot will receive an exclusive metaverse-ready NFT vehicle. Prestige members and Virtua VIPs will have exclusive access to the first pre-mint stage.
Virtua Prime’s Monster Zone land sale, which goes live at 5 pm GMT, is accessible on laptop, desktop, and on mobile in the metamask app browser. Following the launch of Virtua’s all-new mobile app for iOS and Android, users can easily purchase metaverse Condos – a world first, giving fans and collectors an easy way to own their own home in the metaverse. To buy land on mobile, users will need to use in-app V-Credits.
Virtua Island is the second island after Cardano Island was announced on Virtua Prime. There are plans for further zones on the island based on interests, such as sports, music, automotive, and for third-party partners.
About Virtua
Founded in 2017, Virtua is a games metaverse that provides immersive Web3 gaming and digital collectible experiences – through its curated marketplace, interactive virtual environments, and exclusive brand partnerships.
You can find more information about Virtua Prime and the Monster Zone here.
Contact
Virtua
[email protected]
New York, New York, 12th December, 2022, Chainwire
Web3 startup Nillion has closed a $20m+ fundraise from strategic partners and investors. The project is based on a new mathematical innovation, invented by cryptography professor Dr. Miguel de Vega, called Nil Message Compute (NMC) which enables the creation of a non-blockchain decentralized network that aims to open up new, non-blockchain, decentralized use cases.
Since its founding in November 2021, Nillion has bootstrapped to a headcount of over 40 with no external funding. Members of the Founding Teams of Uber, Indiegogo and Hedera Hashgraph, as well as key executives from Coinbase and Nike have joined forces at Nillion to build the platform. The company aims to become the first non-blockchain decentralized network designed to enable new decentralized use cases while providing the private and secure transfer, storage and computation of data.
Nillion CEO, Alex Page, reports that raising $20m+ from over 150 investors was a conscious decision to prevent typical concentrated ownership amongst a small number of venture capitalists who may have adverse incentives to ‘dump’ in the long-term:
“We’ve seen so many web3 projects suffer because their network was owned by early investors with excessively concentrated holdings. That’s exactly why we passed on certain Silicon Valley VCs who wanted over 5% of tokens to simply lend their name to the project. Instead we carefully invited a widely distributed pool of early contributors who love, support and add value to the project.”
The round was led by Distributed Global, and includes investment from Big Brain Holdings, Chapter One, GSR, Hashkey, OP Crypto, SALT Fund and 150+ others.
David Gan, GP of OP Crypto said, “It’s very rare to have a truly novel math innovation being built by an elite ‘Avengers level’ team. Nillion could open a new universe of use cases blockchain never imagined. What proof of work did for blockchain, I think NMC may do for Multi-Party Computation as a technology.”
Another investor, Alex Klokus of SALT Fund states, “Nillion is a world-class team
pursuing an extremely ambitious,order of magnitude improvement over existing MPC technology. If they pull it off, it could be revolutionary.”
NMC enables the fragmentation and dispersion of data across the Nillion network of nodes which creates privacy while still allowing the underlying data to be computed on quickly. A key feature of the technology is that this process occurs without the need for communication between the nodes.
According to the team, company website and online materials, NMC technology unlocks new utility in web3, such as decentralized credit scoring, decentralized trusted execution environments, private NFTs and decentralized secure storage services. Other potential use cases promised outside of web3 include storing healthcare records on the network while being able to run analysis on the records without jeopardizing an individual’s right to privacy.
Nil Message Compute (NMC) was developed by Nillion’s Chief Scientist, Dr. Miguel de Vega, who has authored more than 30 patents in the fields of machine learning, data optimization and mathematics. In addition to Dr. Vega, Nillion’s leadership team includes:
- Chief Technology Officer Conrad Whelan, the Founding Engineer of Uber.
- Head of Cryptography Dr. Elizabeth Quaglia, a senior lecturer at Royal Holloway, University of London, one of the world’s leading cryptography institutions.
- Chief Executive Officer Alex Page, an ex-Goldman Sachs investment banker and Hedera SPV General Partner
- Director of Crypto Tristan Litré, previously CTO of a DeFi platform acquired by AQRU.
- Chief Business Officer Slava Rubin, the Founder and former CEO of Indiegogo.
- Chief Strategy Officer Andrew Masanto, who started two of the top 100 cryptocurrencies – Hedera Hashgraph and Reserve.
- Head of Ecosystem Mark McDermott, previously the Lead of Innovation Partnerships at Nike.
- General Counsel Lindsay Danas Cohen, the former associate General Counsel at Coinbase and a legal counsel at Bloomberg.
Nillion is prioritizing ecosystem development from an early stage in protocol development and reports significant interest from both web2 and web3 participants.
“We’ve had expressions of interest from over 120 companies wanting to test applications or build on Nillion, which shows the need for a commercially viable private computation network. Data stored on the Nillion network is not only safe, but it can be used for extremely fast, private computations,” says Alex Page, CEO of Nillion.
About Nillion
Nillion is new internet infrastructure for the secure storage and computation of data. It is a decentralized network (albeit not a blockchain) that utilizes a novel mathematical innovation called Nil Message Compute (NMC) which represents a generational leap in a technology known as secure multi-party computation (MPC). Nillion facilitates the fragmentation of data across a network of nodes, while allowing the underlying data to be computed on at commercially viable speeds.
To learn more about the company visit www.nillion.com
Contact
Jake Klein
Goldin Solutions
[email protected]
Just eight percent of Americans said they held positive viewpoints on cryptocurrency by late November, a CNBC survey found at the time.
The media outlet’s All-America Economic Survey marked plummeting sentiments on cryptocurrency following the collapse of FTX, down from 19 percent in March.
It conducted research from 26 to 30 November and surveyed 800 respondents across the United States. CNBC published the findings on 7 December.
According to the polling, negative views on cryptocurrency spiked from 25 percent to 43 percent in March and November, respectively.
CNBC wrote, “[The results show a] dramatic fall for an investment that was touted as its own asset class and had a celebrated coming-out party on the global stage with multiple Super Bowl ads and celebrity endorsements: That popularity attracted many ordinary Americans to crypto and the survey shows 24% of the public invested in, traded or used cryptocurrency in the past, up from 16% in March.”
It added that roughly 42 percent of respondents had a “somewhat or very negative view” of cryptocurrencies.
CNBC explained further, “According to the survey, 42% of crypto investors now have a somewhat or very negative view of the asset, in line with the 43% result for all adults in the survey. The main difference: 17% of crypto investors are ‘very negative’ compared with 47% for non-crypto investors”
The news comes after Bitfury chief executive Brian Brook said at the CNBC Financial Advisor Summit: “90% retail market, which means the sentiment of mom-and-pop investors really matters:”
“And so when you read FTX stories on the front page of the Wall Street Journal, literally every day for the last 30 days…what it does is for relative new entrants, they get scared. [As] a result, liquidity is thinner than it would have been and people’s willingness to invest is lower.”
Negative outlooks on the cryptocurrency market come amid a series of crises that have rocked investors across the industry. Two major crypto assets – TerraUSD (UST) and Celsius – collapsed in May and July, respectively, causing cryptocurreny holders to lose massive sums of money.
Crypto exchange giant FTX also shocked investors when it collapsed on 11 November, resulting in major knock-on effects across the crypto market and triggering global investigations.
The United States Department of Justice (DoJ) has reportedly opened an investigation on claims fraud, where former FTX chief executive Sam Bankman-Fried (SBF) offshored funds days ahead of the crypto exchange’s collapse.
Bloomberg reported the federal investigation will investigate the CEO’s role in transferring funds from the exchange to the Bahamas amid its Chapter 11 bankruptcy.
The news comes just weeks after FTX faced a massive liquidity crunch, triggering a bank run on the company’s native FTT token and forcing the firm, its research wing Alameda Research, and roughly 130 affiliate groups to file for bankruptcy.
The unnamed informant cited in the article added that officials from the DoJ met FTX’s court-sanctioned management teams to discuss further investigatory plans. It will also determine if SBF had illegally transferred funds from FTX to Alameda Research, the report found.
The news comes amid a massive Twitter row between SBF and Binance chief Changpeng CZ Zhao, with the former accusing the latter of lying and cancelling a potential bailout deal to rescue FTX’s operations.
Zhao slammed SBF as “unhinged,” triggering further exchanges with the latter.
He said at the time: “Sam was so unhinged when we decided to pull out as an investor that he launched a series of offensive tirades at multiple Binance team members, including threatening to go to ‘extraordinary lengths to make us pay’ – we still have those text messages.”
Courts have ordered cryptocurrency lending firm Celsius to reimburse clients with funds totalling roughly $44 million, Bloomberg reported this week.
The report noted that United States Bankruptcy Judge Martin Glenn had verbally delivered the court order, which includes custodial cryptocurrency accounts, totalling $44 million.
He stated at the time: “I want this case to move forward. I want creditors to recover as much as they possibly can as soon as they possibly can.”
The news comes after Celsius reached an agreement with advisors and stakeholders of the company that cryptocurrencies held in custody accounts belonged to users and not the platforms hosting them.
According to the court order, the mandate will apply to crypto holders that have never used Celsius Earn accounts.
Figures show that Celsius hosts roughly $210 million USD in custody accounts. Celsius Earn accounts provide interest to depositors, reaching $4.7 billion in user funds.
Currently, users cannot access these funds. Celsius has disputed claims that Earn accounts qualify for ownership due to the company’s terms of service.
Bloomberg reported on 5 December that the crypto company aims to sell $18 million of its stablecoins from Earn accounts to restructure.
Around the same time, a judge approved a $2.8 million key employee retention programme (KERP) filed on 11 October. This will allow employees to receive bonuses in exchange for loyalty to continue working with the company and its current limited business activities.
Reports revealed a massive exodus of employees over the last few days. The company has lost 200 employees since the platform filed for bankruptcy, with only 170 remaining.
The news comes after the FTX bankruptcy, which rocked cryptocurrency markets on 11 October, due to a massive insolvency crisis. This has cascaded across the cryptocurrency industry, leaving multiple firms short of funding and triggering investigations from US, Bahamian, and other global authorities.
Sam Bankman-Fried, the former chief executive of FTX, could face a subpoena to testify in two congressional hearings, committee chair of the United States House Financial Services Maxine Waters tweeted on Thursday.
She refuted in her recent Twitter post rumours she did not plan to force the disgraced executive to testify at a House Committee hearing, but preferred he voluntarily come forward to testify, she said.
Lies are circulating @CNBC that I am not willing to subpoena @SBF_FTX. He has been requested to testify at the December 13th hearing. A subpoena is definitely on the table. Stay tuned.
— Maxine Waters (@RepMaxineWaters) December 8, 2022
Waters wrote at the time that “lies are circulating” and that a “subpoena is definitely on the table,” just days before the hearing is set to take place on 13 December.
The “Investigating the Collapse of FTX” hearings come amid a series of hearings to probe the circumstances on the exchange’s bankruptcy and will include testimonies from Binance, FTX, and Alameda Research companies.
Ghost Mode?
The news comes after she requested Bankman-Fried to attend the inquiry in a 3 December Twitter post. The former FTX chief rejected the invitation the following day, stating he would not appear until he was “finished learning and reviewing what happened.”
He added he was “not sure” if it would take place before the hearing, making the statement shortly after joining several interviews in the media.
Waters hit back, urging Bankman-Fried on 5 December to attend due to his media appearances, stating his public comments were “sufficient for testimony.”
.@SBF_FTX, we appreciate that you’ve been candid in your discussions about what happened at #FTX. Your willingness to talk to the public will help the company’s customers, investors, and others. To that end, we would welcome your participation in our hearing on the 13th.
— Maxine Waters (@RepMaxineWaters) December 2, 2022
She continued: “It is imperative that you attend our hearing. [The Committee is] willing to schedule continued hearings if there is more information to be shared later.”
What Would a Subpoena Do?
Should the US Government force the former FTX executive to testify, courts would hold him in Contempt of Congress, earning him up to 12 months in prison and a $100,000 penalty.
A further Senate Committee on Banking, Housing, and Urban Affairs hearing is set to take place on 14 December.
In a letter this week, Senate Banking Committee chair Sherrod Brown cautioned Bankman-Fried,
“You must answer for the failure of both entities that was caused, at least in part, by the clear misuse of client funds and wiped out billions of dollars owed to over a million creditors. There are still significant unanswered questions about how client funds were misappropriated, how clients were blocked from withdrawing their own money, and how you orchestrated a cover-up.”
Letting Big Tech and other companies operate banks—without proper oversight—will open doors for predatory lending and invasions of your privacy.
— Sherrod Brown (@SenSherrodBrown) December 6, 2022
That’s why I introduced the Close the Shadow Banking Loophole Act—to protect your pocketbooks and our banking system. https://t.co/3ASxlmJa0q
Brown has also launched a crackdown on tech firms operating “without proper oversight,” leading to his Close the Shadow Banking Loophole Act, which multiple officials and media have slammed as a form of shadow banking.
Dubai, United Arab Emirates, 9th December, 2022, Chainwire
Revolutionary Artificial Intelligence trading and portfolio management company, Tafabot, has partnered with China’s leading Crypto exchange company, Huobi, to provide automated trades to crypto enthusiasts.
What started as an idea during the COVID19 lockdown in 2020, is today one of the leading solutions in the crypto industry today. Having been in the beta phase for nearly 2 years, Tafabot finally went live on September 12th 2022 on the iOS and Google App Stores.
The automated non-custodial trading bot has its operational headquarters in Dubai, United Arab Emirates, With across-border utility to serve millions of crypto professionals, newbies, and enthusiasts, Tafabot is the world’s pioneer bot system enabled for futures, spot and arbitrage markets combined. Both Huobi and Tafabot view their partnership as a strategic step towards improving the easy adoption of crypto and blockchain knowledge across communities around the world.
Samuel Benedict and Dr. OVO (Otubo Victor), co-founders of Tafabot, said, “our primary motto, especially for now, is excellence and speed. We are glad that in just 50 days of going live, we have already closed a strategic partnership with one of the largest players in the industry. For us, it’s reassuring that what we are doing is really having a noticeable impact.”
Samuel Benedict, Tafabot’s CTO, expressed confidence in the ability of the partnership to unlock rapid inclusion and economic opportunities for all. “We didn’t like the traditional trading methods that existed out there. People had to constantly be on screens all day just to trade. Of course, this has discouraged a lot of interested persons from really getting their hands on crypto. And yes, there are also some other bots that came before us, but just like the exchanges, their processes are complex and do not bring in any simplicity. This was part of what inspired us to build an easy to use, reliable software that both newbies and pros can enjoy. We did it in the background for 2 years and once the power of Tafabot was realized, we opened it to profit everyone.”
In further describing the partnership, the co-founders stated among other things that more partnership conversations are currently ongoing and will be announced in coming months. “Currently we are compatible with all major exchanges in the industry, however this partnership offers more. Our users are easily identified by Houbi for exclusive benefits including reduction on trading fees and much more. We are in talks with some other exchanges that we are plugged into for similar partnerships and 2023 will be a big year for more announcements.”, Benefit and Victor added.
With 30 of the world’s most reputable exchanges already plugged into the Tafabot algorithm, the team believes this is one of the next big things in crypto. Tafabot provides what is today, the world’s fastest automated trading tool, with a bot speed of up to 5 seconds. It is also one of the most diversified bot systems, with bot options developed for optimal performance in trading bullish, bearish and sideways market conditions.
It doesn’t matter wheather users are beginners who wants to dive into the world of crypto trading or professional traders, Tafabot’s automated systems provide every tool they need at every level. The safety of user’s funds is one less thing to worry about also, as the capital and trade profits are always with them, in the user’s exchange and never with Tafabot. This way users have all the control they need, anyday and any time.
Some of the bots services offered by Tafabot include:
1. The Martingale Bots: Available for both Spot and Futures Markets. Martingale bots allow users to create multiple entries, to let them benefit in dynamic market conditions.
2. DCA Bots: The Dollar-Cost-Average bot helps users divide their investment into smaller pieces and buys assets at various points over time and at different prices, to realize a better average price for their position, as well as drastically reduce risks in the case of volatility. It is available for spot and Futures trading.
3. Custom Bot: This allows users to build their own intelligence into the Tafa ecosystem. With the custom bots, they can connect their self-created bot(s) to TradingView indicators and still automate all of their trades.
4. Grid Bots: The Tafabot Grid Trading realizes profits from the ups and downs of the market, by trading within a price range and continues to execute orders and take profit as long as the market is within that range. It is available in spot and futures.
5. SIB Bot: Smart invest Bot is a specialized DCA bot for spot market only, with extra features for building long term portfolio, by buying assets daily in a way that user’s average entry price mimics the current price of the market.
6. Arbitrage Bot: With earning capacity of 15 to 40% yearly, the Tafa arbitrage bot is a market neutral strategy that exploits market variations (price gaps and funding fees) between spot and futures market. It’s a market-neutral strategy in which the risk involved is extremely low.
7. Mirror Trading Bot: With this intelligence, users can simply copy successful traders on Tafabot and leverage on their efforts and configurations to earn daily.
8. Crypto Signal Bots: Allows users to automatically trade signals received from their favorite signal providers 24/7. Plus, Signal Providers are allowed to create accounts with Tafabot and undergo approval processes.
Apart from enabling newbie and advanced traders set up bots on all major exchanges for their spot, futures, and arbitrage trading, Tafabot was also built to house features like:
- Wallets: A free to use USDT wallet, with zero transaction fees when sending peer to peer within the Tafa ecosystem. This is available to all users with an active license.
- Game Predict & Win: Lets users predict the price of bitcoin within time frames and win big.
- Affiliate Program: Refer friends to Tafa and earn up to 30% of direct and indirect referral bonus on license fees and unlimited trading fees from up to 15 generations of downlines.
About Tafabot
Tafabot brings well over 30 combined years of Finance, Investing and Trading experience into the crypto space. The platform is portrayed to be transparent, secure, and easy to understand. With this ingenuity, the era of chasing close friends and family or even strangers considered to be experts, to trade on one’s behalf may be finally behind us.
Contact
Tafabot Team
Tafabot Software LLC
[email protected]
Singapore, Singapore, 8th December, 2022, Chainwire
DeFiChain, the world’s leading blockchain on the Bitcoin network dedicated to bringing decentralized financial applications to everyone, has officially activated the much-anticipated Grand Central hard fork on its network at 01 AM EST on Thursday, December 8th on Block Height 2,479,000.
The Grand Central hard fork is one of the biggest and most monumental updates for DeFiChain in 2022. It marks the rollout of four main features:
- On-chain governance
- Token consortium framework
- Support for masternode parameter updates (owner, operator, reward address)
- Pool commission and reward fixes
This hard fork addresses some of the long-awaited product debt and prepares the DeFiChain community for an accelerated growth in 2023.
U-Zyn Chua, Co-Founder of DeFiChain, said, “Grand Central marks a major step in DeFiChain’s governance structure since it is implementing on-chain governance. This makes the voting processes perfectly transparent, easier and strengthens the governance structure of DeFiChain. A major step for the whole ecosystem.”
On-chain governance
To make changes in the DeFiChain ecosystem, community members can submit three types of proposals to be voted on by masternode owners:
- Community development fund request proposal (also known as Community Fund Proposal; CFP)
- Vote of confidence (also known as DeFiChain Improvement Proposal; DFIP)
- Block reward reallocation proposal
Currently, the process of creating a proposal and voting is largely done off-chain. With On-Chain Governance (OCG), any proposal which requires voting by community can be conducted directly on the blockchain. It will strengthen DeFiChain’s governance structure and ensure that there is complete transparency in the entire voting process for the DeFiChain community.
The voting results will now be available real-time on a dashboard on defiscan.live, which makes tracking the results much easier. For masternode owners, they will be able to generate a script to vote for each proposal via the dashboard, reducing the effort required for voting. Overall, this would result in higher levels of participation in the voting of proposals.
DeFiChain Consortium
In DeFiChain, tokenized digital assets are meant to be backed 1:1 by the actual asset in its respective ecosystem (e.g. one dBTC being backed by one BTC). However, this backing is currently not enforceable via the blockchain. The DeFiChain Consortium will give a proper structure to the backing of dAssets to ensure that all digital assets are backed.
Members of the Consortium (e.g Cake DeFi) will have their own dedicated key for the minting and burning of tokenized digital assets. Each member is required to back any digital assets they mint, regardless of whether they are minting for themselves or on behalf of users of their platform.
The Consortium members will also be required to pledge two days worth of collateral, in DFI or DUSD, that will be locked up in a smart contract. It is required on top of the backing of the tokenized digital assets. This collateral will determine how many digital assets a member can mint each day.
This additional collateral is meant to deter members from engaging in activities that are contrary to the interests of the community, and to pay for damages in the event where a member overmints digital assets or is unable to provide backing for tokenized digital assets.
The formation of the Consortium will enhance the governance structure and transparency in the DeFiChain community. It also provides a mechanism for the community to monitor the backing of tokenized digital assets, which deters overminting.
About DeFiChain
DeFiChain is a decentralized Proof-of-Stake blockchain created as a hard fork of the Bitcoin network to enable advanced DeFi applications. It is dedicated to enabling fast, intelligent, and transparent decentralized financial services. DeFiChain offers liquidity mining, staking, decentralized assets, and decentralized loans. The DeFiChain Foundation’s mission is to bring DeFi to the Bitcoin ecosystem.
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Contact
Benjamin Rauch
[email protected]