ISOC BSIG https://isoc-bsig.org ISOC Blockchain Fri, 20 Dec 2024 13:38:24 +0000 en-US hourly 1 https://wordpress.org/?v=6.6.2 https://isoc-bsig.org/wp-content/uploads/2023/09/ISOC-BLOCKCHAIN-logo-100x100.png ISOC BSIG https://isoc-bsig.org 32 32 Virturo Continues to Redefine CFD Trading with Cutting-Edge Technology and Professional Expertise https://isoc-bsig.org/virturo-continues-to-redefine-cfd-trading-with-cutting-edge-technology-and-professional-expertise/ https://isoc-bsig.org/virturo-continues-to-redefine-cfd-trading-with-cutting-edge-technology-and-professional-expertise/#respond Fri, 20 Dec 2024 13:38:22 +0000 https://isoc-bsig.org/?p=4742 Virturo, a trailblazer in online trading, is transforming CFD crypto trading by merging advanced technological solutions with the insights of experienced professionals. Celebrated with the Finance Feeds Awards 2023 for Outstanding Multi-Asset Trading Platform and the Fund Intelligence Operations and Services Awards 2023 for Best Cryptocurrency Trading Platform, Virturo continues to set the gold standard in the trading industry.

Innovation Backed by Expertise

Virturo stands out with its AI-powered trading platform that delivers real-time, data-driven insights to help traders make better decisions. Complemented by the guidance of skilled trading professionals, the platform offers an unparalleled blend of technology and expertise. This approach allows traders to confidently navigate intricate markets, including cryptocurrency, forex, and CFDs.

Introducing a Versatile Platform for Every Trader

Offering access to over 3,000 assets such as cryptocurrencies, ETFs, forex, and CFDs, Virturo’s platform is built for precision and ease of use. Advanced automated features like risk management tools and scheduled orders empower users to trade strategically, minimize risks, and capitalize on market opportunities effectively. Their team of market analysts delivers personalized insights, enabling users to harness positive market trends effectively. With a special focus on emerging crypto opportunities—including Bitcoin’s anticipated growth in 2024—Virturo ensures its traders are well-prepared to achieve success in volatile markets.

Exclusive Services for Elite Investors

Virturo’s Elite Club caters to high-net-worth individuals, offering exclusive resources, bespoke services, and advanced support. This initiative underscores the company’s commitment to providing world-class services for its premium clients.

Learn & Grow 

The Virturo Learning Hub equips traders of all skill levels with free educational materials, including tutorials, webinars, and personalized one-on-one sessions. These resources help users enhance their trading acumen and make well-informed decisions.

Earnings Through Referrals

With Virturo’s referral program, traders can earn 5% of a referral’s initial deposit (up to $1,000). This program encourages users to grow their financial network while boosting their income potential.

Virturo takes security seriously, employing advanced encryption, two-factor authentication, and round-the-clock monitoring. Certified for GDPR, SOC2, PCI DDS, and ISO/IEC 27001 compliance, Virturo offers a secure trading environment while adhering to the highest industry standards.

For more information, visit https://virturo.com/.


Contact Information: Virturo Media Relations
Email: [email protected]
Phone: +44 20 3808 7662
Website: https://virturo.com/

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While BNB (BNB) and Solana (SOL) Consolidate, Here’s Why Analysts Say This DeFi Coin Will Provide The Most Returns This Cycle https://isoc-bsig.org/while-bnb-bnb-and-solana-sol-consolidate-heres-why-analysts-say-this-defi-coin-will-provide-the-most-returns-this-cycle/ https://isoc-bsig.org/while-bnb-bnb-and-solana-sol-consolidate-heres-why-analysts-say-this-defi-coin-will-provide-the-most-returns-this-cycle/#respond Fri, 20 Dec 2024 04:47:11 +0000 https://isoc-bsig.org/?p=4738 While Solana (SOL) and BNB (BNB) battle consolidation, smart investors are finding a hidden gem in the crypto market. Offering ROIs much above its rivals, the revolutionary decentralized exchange Lunex Network (LNEX) is generating great investment interest thanks to its unmatched security, privacy, and cross-chain capabilities.

Could this under-the-radar token outperform top crypto coins like BNB (BNB) and Solana (SOL) as analysts estimate exponential increases for LNEX in this bull cycle? Read on to find out why experts think Lunex Network might be the most rewarding investment choice this cycle.

Lunex Network (LNEX) Offers Secure and Anonymous Trading

Providing a rare mix of security, anonymity, and cross-chain efficiency, Lunex Network distinguishes itself in the competitive decentralized exchange (DEX) sector. Lunex Network guarantees top-tier security by means of a comprehensive audit by SOLIDProof, therefore ensuring that its smart contracts are free from major flaws. 

Maintaining some of the lowest transaction fees in the industry, Lunex Network lets users immediately trade over 50,000 coins across more than 40 blockchains. Lunex Network also gives Web3 developers access to 65+ RPC nodes, therefore providing a flexible toolkit for growth inside the ecosystem. 

Lunex Network provides a safe, anonymous platform that safeguards user data while enabling flawless crypto transactions for privacy-conscious traders wishing to evade invasive KYC processes. For investors, Lunex Network offers a promising prospect given that LNEX is priced at just $0.0046 in the presale. Meanwhile, those who bought LNEX at $0.0012 have already achieved a 283% ROI and analysts project an additional 300% surge before the presale ends.

BNB (BNB) Displays Strong Bullish Momentum

Over the past week, the BNB price has barely increased by 2%. The BNB price is currently ranging between $738 and $696. Driven by BNB’s (BNB) outstanding performance over the previous month, the community is overwhelmingly optimistic.

The altcoin soared by more than 15% during this period, according to the BNB price chart, and on December 4 it reached a new all-time high (ATH) of $793. Although BNB (BNB) has already dropped by 10% from this height, experts see this as a reasonable pullback with hopes for a rally to reach $800 before the year ends.

Strong technical indicators like the MACD, Awesome Oscillator, and Moving Averages—all of which point to ongoing purchasing pressure on the BNB price chart—help to support the positive outlook for the altcoin. Additionally, analysts are forecasting BNB (BNB) to reach the much-expected $1,000 milestone in this cycle.

Solana (SOL) Bulls Set Eyes on a $300 Breakout

Since it declined over 5% in the past week and more than 10% over the past month, the Solana price has lately shown negative days. The Solana price has been fluctuating between $235 and $210 among these falls. Holders are worried about this bearish behavior, but some hope was rebuilt following the bullish rejection on the Solana price chart at the $205 support level. 

Meanwhile, several analysts expect a retest of Solana’s all-time high (ATH) before the year ends. Strong technical signals support the argument for a possible comeback. The MACD and Moving Averages both provide a purchasing signal on the Solana price chart, suggesting that the altcoin may soon rally once more. 

The prospect of a breakout to the $300 level before the year ends excites investors especially as Solana (SOL) starts to show indications of rebuilding bullish momentum. One of the bullish patterns observed is how Solana (SOL) has seen multiple rejections around the $220 to $204 support zone.

Lunex Network Set To Outshine BNB and Solana

While Solana (SOL) eyes a $300 breakthrough and BNB (BNB) aims for new highs, Lunex Network (LNEX) is quietly transforming decentralized trading—and early investors are benefiting. Lunex Network is redefining the DeFi space with its unsurpassed security, anonymity, and cross-chain adaptability. 

Unlike BNB (BNB) and Solana (SOL), LNEX promises early exponential gains as analysts estimate a startling 1,800% increase in the next few months when the token launches on several Tier-1 exchanges.

You can find more information about Lunex Network (LNEX) here:

Website: https://lunexnetwork.comSocials: https://linktr.ee/lunexnetwork

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The Japanese yen has lost the most since June. Are we in danger once more? https://isoc-bsig.org/the-japanese-yen-has-lost-the-most-since-june-are-we-in-danger-once-more/ https://isoc-bsig.org/the-japanese-yen-has-lost-the-most-since-june-are-we-in-danger-once-more/#respond Sat, 14 Dec 2024 15:57:23 +0000 https://isoc-bsig.org/?p=4734 In this post:

  • The yen has suffered its worst week in months and has been losing versus the dollar for six days in a row. Everyone is waiting to see what the Bank of Japan does next.
  • Despite Japan’s high inflation and rising salaries, the Bank of Japan doesn’t appear to be in a rush to raise interest rates. The yen is suffering as a result of the unhappiness of traders.
  • Stocks fell, cryptocurrency collapsed, and mayhem erupted everywhere when the Bank of Japan last hiked interest rates in August.

The value of the Japanese yen is declining. As of December 14, 2024, it has lost six days in a row versus the US dollar, dropping to 153.48 per dollar. This is the yen’s longest losing run since June and its weakest week in more than two months.

At its meeting on December 18–19, the market is placing strong bets that the Bank of Japan (BoJ) will maintain its ultra-loose monetary policy, opting for stability over rate hikes.

Japan’s monetary policy is turning into a risky move. October’s record-breaking salary increases—the greatest in 32 years—are driving inflation over the BoJ’s 2% objective. However, the BoJ appears cautious, even hesitant, rather than taking a daring step to tighten policy.

It doesn’t impress traders. The yen has been dumped in favor of the stronger dollar, pushed higher by US Treasury yields and a Federal Reserve that isn’t afraid to flex its muscles.

BoJ’s caution fuels yen selloff

The BoJ’s hesitation is clear. Inflation is rising, wages are climbing, but rates? They’re stuck. October’s wage growth should’ve been a wake-up call: base salaries jumped at a pace unseen in decades, stoking inflationary fires. But the BoJ isn’t rushing.They’ve hinted that economic recovery is fragile, and any aggressive tightening could kill momentum. That caution has made the yen a sitting duck.

Traders of currency are brutal.According to Bloomberg, selling pressure is increasing as the yen is in its sharpest decline since the middle of the year. The statistics are dismal.

Japan’s economic development is also sluggish.It has been supported by government stimulus and salary increases, but not enough to lead to significant changes in policy.Even if the BoJ maintains its dovish attitude, many anticipate that the yen will continue to decline.The mood of the market is clear: the yen will continue to be a punching bag unless Japan takes action.

Markets are still plagued by August’s shock rate increase

August was the last time Japan caused a stir.Interest rates were raised to 0.25% on July 31 by the BoJ, which was the first rate increase in 17 years. Markets were taken by surprise by the decision. In June, inflation was 3.2% forcing the BoJ to break a decades-long policy of ultra-low rates. But the fallout was brutal.

Within days, the Nikkei 225 crashed nearly 20%. On August 5, it recorded its worst single-day drop since Black Monday in 1987, shedding 12.4%, or over 4,400 points. The panic didn’t stay in Japan. It spread like wildfire.

The S&P 500 plunged 6%, the Nasdaq lost 7.5%, and Europe’s DAX and CAC 40 tanked by 5% and 4.8%, respectively. The BoJ’s decision sent shockwaves through global markets, shaking confidence in equities and assets everywhere.

Crypto also wasn’t exempt.In just one week, Bitcoin lost 27% of its value as it plummeted below $50,000. Ethereum fell 34%.As the panic grew, leveraged cryptocurrency holdings worth over $600 million were liquidated.

The infamous yen carry trade, in which traders borrowed cheap yen to finance dangerous wagers, caused turmoil as traders frantically tried to unwind their holdings. Investors came to understand that even Japan, the archetypal example of low interest rates, was vulnerable to the effects of inflation.

And now that this has happened, people are starting to worry a bit more. Although a weaker yen lowers the cost of Japanese exports, it also makes imports more costly, which exacerbates inflation.

And we’ll definitely be headed for a replay of August 5 once it rises high enough.

From Nothing to Web3 Expert: Your 90-Day Plan for Starting a Career

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SwapSpace Launches Mobile App to Enable Seamless Crypto Swaps Anytime, Anywhere https://isoc-bsig.org/swapspace-launches-mobile-app-to-enable-seamless-crypto-swaps-anytime-anywhere/ https://isoc-bsig.org/swapspace-launches-mobile-app-to-enable-seamless-crypto-swaps-anytime-anywhere/#respond Fri, 13 Dec 2024 11:09:37 +0000 https://isoc-bsig.org/?p=4731 SwapSpace’s mobile-first solution designed for easy and secure digital asset exchanges

Kingstown, St. Vincent and the Grenadines, December 13 — SwapSpace, a leading cryptocurrency exchange aggregator, is excited to announce the release of its new mobile app, now available for download on Android

Designed with user convenience in mind, the app brings the power of SwapSpace’s advanced exchange platform directly to your mobile device, ensuring secure, fast, and cost-effective crypto swaps on the go.

Exclusive Access to Competitive Rates

SwapSpace is renowned for saving users time and money by aggregating and ranking offers from over 30 trusted exchange partners. With access to 2,700+ coins and zero additional fees, the platform ensures the best possible rates for every transaction. The new mobile app enhances this by making these services more accessible than ever, regardless of location.

Key Features & Benefits:

  • Unbeatable Rates: Users get to compare top-ranked exchange offers from trusted partners in real time.
  • 30+ Trusted Partners: Guaranteed access to decentralized liquidity pools for fast swaps without upper limits or restrictions.
  • 2,700+ Coins and Tokens: Swapping trending tokens, stablecoins, and top-ranking assets effortlessly.
  • Cross-Chain Transactions: Ability to bridge assets across 95 blockchains seamlessly.
  • 24/7 Live Support: Contact the in-app live chat or email support at any time for instant assistance.
  • Extra Rewards: To commemorate the launch of the mobile application, every 100th swap done through the app will reward the user who did it with a prize of $100 in USDT.

Eva Sever, CMO at SwapSpace, expressed her enthusiasm for the future after the launch:
“The SwapSpace mobile app is a game-changer for our users. It combines the platform’s core strengths—security, speed, and top-tier rates—with the convenience of mobile accessibility. We’re thrilled to empower our community with the tools they need for effortless trading anytime, anywhere.”

A Unique Loyalty Program

The SwapSpace mobile app comes with even more benefits through the Invader NFT-based Loyalty Program: Users can earn up to 50% cashback on revenue share by upgrading their Invader NFT by spending Diamonds. Performing swaps exclusively in-app can earn them double Diamond rewards.

Now Available for Download

Ready to be downloaded directly from the SwapSpace website, the SwapSpace mobile app ensures a better way to swap crypto. Available for Android now as an APK, with Google Play Store and Apple App Store versions coming soon.

About SwapSpace

SwapSpace is a cryptocurrency exchange aggregator offering users the best market rates for swaps by aggregating offers from over 30 trustworthy exchange partners. With support for 2,700+ coins and cross-chain swaps across 95 networks, SwapSpace provides a fast, secure, and user-friendly experience—all without extra fees.

For more information, visit SwapSpace.co or follow us on Twitter, Telegram, Linkedin, Discord.

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The industry speculates on the implications of Sony’s acquisition of FromSoftware parent Kadokawa https://isoc-bsig.org/the-industry-speculates-on-the-implications-of-sonys-acquisition-of-fromsoftware-parent-kadokawa/ https://isoc-bsig.org/the-industry-speculates-on-the-implications-of-sonys-acquisition-of-fromsoftware-parent-kadokawa/#respond Thu, 12 Dec 2024 15:34:44 +0000 https://isoc-bsig.org/?p=4722 In this post:

  • Officially, Sony has indicated interest in purchasing FromSoftware’s parent business, Kadokawa.
  • Sony aims to strategically improve its portfolio via combining acquisitions.
  • The possible acquisition may have a significant impact on the anime and gaming industries.

According to reports, Sony is thinking about acquiring Kadokawa, the parent firm of FromSoftware.

The acquisition is being considered by the worldwide entertainment giant as a way to strengthen its already strong portfolio.

The gaming and anime sectors are anticipated to be significantly impacted by Kodokawa’s takeover.The international corporation Sony was founded in the 1940s and has since grown and changed to focus on areas other than consumer electronics. With the development of PlayStation systems and movies, the corporation has diversified into gaming and entertainment.In the same vein, Sony has lately made acquisitions in an effort to broaden its product line and strengthen its position in the entertainment and gaming industries.

Sony looks at Kadokawa, the parent firm of From Software

Sony has been considering a possible acquisition of the Japanese media group Kadokawa, as first reported by Reuters.

Before Sony acknowledged the announcement, there were rumors that the business would be in negotiations to help with the Kadokawa acquisition.

When a Japanese news website, Weekly Bunshun, published the Japanese employee’s opinions about the likely takeover, the initial rumors were further cemented.

Kadokawa is well known for its contributions to the video gaming, publishing, and film industries.From Software, the publisher of the video games Souls and Elden Ring, is owned by the Japanese conglomerate.

Kadokawa owns several intellectual assets and is also well-known in the animation community.

The company’s broad collection of manga and anime made it a major force. Its popularity and financial success have increased as a result of several Kadokawa anime adaptations, including Oshi no Ko.

The Japanese corporation has significant influence over the worldwide anime market since it has also expanded its animerelated operations, including production finance and marketing.The acquisition of Kadokawa is thought to have profound effects on the gaming and animation industries.

Sony is anticipated to follow the example followed by other big businesses, such as Microsoft, which in 2023 paid $68.7 billion to purchase Activision-Blizzard. It is anticipated that the planned agreement will strengthen Sony’s control over the Japanese market and other emerging markets. The entertainment company currently owns Crunchyroll and Funimation, and the deal would give it more IPs, establishing it as an anime powerhouse with global reach.

Sony’s potential acquisition causes mixed reactions

News about the gaming empire acquiring Kadokawa resulted in a range of reactions from both gamers and industry players. Some Japanese employees under Kadokawa were critical of the deal and stated that it would severely impact the company’s independence.

Another section of employees said the acquisition was positive and would rejuvenate the company by improving discipline and removing incompetent staff members. In this context, Takeshi Natsuno, CEO of Kadokawa, was singled out for potential replacement if the acquisition went through.

A veteran Kadokawa employee said:

“The employees around me are happy about Sony’s acquisition. That’s because there are a certain number of employees who are dissatisfied with the Natsuno administration, which did not even hold a press conference after personal information was leaked due to a cyber attack.”

Additionally, gamers had differing opinions on Kadokawa’s possible takeover by Sony.

According to several gamers, the purchase would be a fantastic fit for Sony and would provide the game publisher with the best opportunity to continue operating in the face of industry uncertainty and the Japanese company’s present difficulties. Another group of fans, however, voiced doubt, believing that the purchase would make the Souls and Elden games unique to Sony.

From Nothing to Web3 Expert: Your 90-Day Plan for Starting a Career

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Can Google’s recently unveiled quantum processor break crypto encryption? https://isoc-bsig.org/can-googles-recently-unveiled-quantum-processor-break-crypto-encryption/ https://isoc-bsig.org/can-googles-recently-unveiled-quantum-processor-break-crypto-encryption/#respond Tue, 10 Dec 2024 06:31:51 +0000 https://isoc-bsig.org/?p=4716 In this post:
  • Google announced Willow, a quantum computing processor that can tackle problems nearly 1025 times quicker than the current state-of-the-art supercomputers.
  • According to Hartmut Neven, head of Google’s Quantum AI division, the processor executed calculations at “mind-boggling” rates and corrected errors tenfold.
  • According to Ava Labs CEO Emin Gün Sirer, the development of quantum computing does not yet threaten the security of cryptocurrency.

On December 9th, Google said that it had created a new quantum computer chip called “Willow.” In less than five minutes, the chip completed a calculation that would take a supercomputer ten septillion (1025) years. Neven, the head for Quantum AI at Google, described Willow as a significant advancement in quantum error correction.There is conjecture that the latest advancements might pose a risk to cryptocurrency.

Regarding the development of quantum computing, Sirer, the founder and CEO of Ava Labs, said that, for the time being at least, the security of digital currencies remained unaffected. However, he voiced his worries about the technology’s possible danger to 1M Bitcoin, created by Satoshi Nakamoto, which used the antiquated P2PK (pay-to-public-key) structure. According to Sirer, quantum computing may pose a concern as the P2PK format made the public key, potentially giving opportunities to attackers.

Google uses more qubits in the new Willow chip to reduce errors 

Google’s Quantum AI team has introduced “Willow,” a new quantum computer processor. According to reports, the chip can execute quick calculations with exponentially lower mistakes after being scaled up with more qubits.

The most basic informational unit in quantum computing is called a qubit, or quantum bit. Higher processing power is correlated with more qubits. However, it also raises the likelihood of additional mistakes. As a result, the exaggerated amount of errors may produce erroneous results, rendering the technology unsuitable for widespread real-world uses like crypto encryption.

Hartmut Neven, the head of Google’s Quantum AI, claims that Willow can do intricate calculations incredibly quickly and exponentially rectify mistakes. Unlike comparable supercomputers that would take five minutes to solve computational problems, Willow can take a thousand quadrillion years to solve a massively complex problem.

“This mind-boggling number exceeds known timescales in physics and vastly exceeds the age of the universe”

Hartmut Neven

This technology can “drive errors down while scaling up the number of qubits,” Neven continued. It solves a “key challenge” of quantum problems that specialists have been working on for “almost 30 years,” he notes. By merging several physical qubits into a logical qubit, the Google Quantum AI team and partners explained that quantum error correction [1, 2, 3, 4] offered a way to accomplish useful quantum computing.

Is crypto encryption in danger? Quantum concerns to crypto security are discussed by experts.
The development of quantum computing has raised concerns in the crypto sector. These developments might make it possible for hackers to crack crypto encryption, exposing user funds widely. Sirer of Ava Labs stated that although quantum computing is a significant leap, it may raise concerns about Willow’s potential threat to crypto encryption.

In a post on X on December 9, tech entrepreneur and former Google senior product manager Kevin Rose made the case that Willow is still far from posing a threat to cryptocurrencies.

According to him, it would take a quantum computer with over 13 million qubits a day to unlock the encryption of Bitcoin. Despite being a major accomplishment, Google’s Willow chip’s 105 qubits were far less powerful than what was needed to break Bitcoin’s encryption.

Notably, Sirer proposed that when or if quantum computing posed a threat, the cryptocurrency community might think about freezing Satoshi’s Bitcoin. In order to protect these digital assets from future quantum risks, he suggested establishing a shutdown date to freeze all tokens on P2PK UTXOs.

From Zero to Web3 Pro: Your 90-Day Career Launch Plan

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Volumes of fan tokens are skyrocketing; is this the next major cryptocurrency trend? https://isoc-bsig.org/volumes-of-fan-tokens-are-skyrocketing-is-this-the-next-major-cryptocurrency-trend/ https://isoc-bsig.org/volumes-of-fan-tokens-are-skyrocketing-is-this-the-next-major-cryptocurrency-trend/#respond Mon, 09 Dec 2024 15:04:57 +0000 https://isoc-bsig.org/?p=4711 In this post:
  • As a new social media trend gains traction, Chiliz, the primary advocate for fan tokens, has noticed a surge in activity.
  • With the addition of new utility and point-farming games, trading activity for other fan tokens also rose.
  • With DEX and a prediction market, Chiliz is expanding its DeFi industry.

A brand-new token class is preparing for a possible boom. Football team-related fan tokens link the meme asset concept to pre-existing fandoms.

One of the emerging trends in cryptocurrency is fan tokens, which are assets associated with well-known football teams. Analysts believe this represents a shift to a new class of assets, as trading activity for the token category surged from baseline levels.

Fan tokens have become an underappreciated source of growth after years of getting little attention. They begin with a market capitalization of less than $300 million, considerably behind the meme market.

Fan tokens are making a comeback with surge in trading volumes. | Source: Coingecko

Several popular fan tokens experienced 10X increases in trade volume during the last week, reaching $500M in a single day. The majority of popular tokens also saw brief price increases.

Why are fan tokens becoming popular again?
In the summer of 2024, during the Euro Cup, fan tokens gained notoriety. But in December, the Chiliz ecosystem redoubled its efforts to increase acceptance by including new apps.

In order to create a SportFi sector based on pre-existing fan tokens, the project redesigned its tokenomics and increased the CHZ supply. Additionally, Chiliz targeted existing fan token users by adding a merch layer and other benefits.

Chiliz embarked on a social media drive to add more sports enthusiasts to the chain after years of sluggish growth. To pique sports fans’ interest again, it uses points mining, airdrops, and prizes. Crypto insiders, who supplied the higher trade volumes, are also becoming interested in the expanding token activity.

Another alternative to celebrity assets, which frequently experience fleeting fame before fading into obscurity, is fan tokens. These sports-themed tokens, in contrast, are less thrilling and less vulnerable to aggressive pumps and rug pulls.

With a dedicated launchpad, Binance initiated the trend of sports fan tokens

Through a special launchpad, Binance actively promoted the issuing of fan tokens. It supported a number of tokens, including ALPINE, PORTO, SANTOS, and LAZIO. Although most of the activities were phased out in the last few months, the exchange Binance Fan Tokens was also committed to increasing utility and planning events for those assets.

The Chiliz ecosystem, a long-running blockchain devoted to sports fandom merchandise, is used by other assets.

At first, sports tokens were a rather specialized ecosystem designed to make team and fan activity easier. Fan tokens aided in community development, fundraising, rewards, and the unlocking of several privilege tiers. They can also be spent on NFT marketplaces or used to vote.

Beyond their immediate utility, fan tokens are simply responding to hype, aiming to pump their still relatively low market capitalization. Still, they hold an advantage over memes – a long-running history, an identity, and limited incentives to rug pull. Their low volumes make them volatile, but they also have a higher potential upside during rallies. 

The environment of Chili seeks to recover

Chiliz (CHZ) saw a 100% increase in value from $0.06 to $0.12 due to the recent altcoin surge. Additionally, CHZ is beginning to regain its trading volume. The usage of Socios and its list of fan tokens might also increase with a more vibrant Chiliz ecosystem. Since 2019, these assets have existed in varying degrees of adoption.

During the bad market and disenchantment of 2022, fan tokens also suffered because many clubs stopped caring about them. However, there is now more demand due to the present bull market and new Web3 technology.

With a sharp increase in activity at the end of November, search statistics already show the revived interest in memes and altcoins.

The developing DeFi ecosystem in Chiliz is another element attracting visitors. With the Azuro prediction market and the developing DEX, Chiliz has just $16.68M in value locked. Fan tokens currently only play a theoretical part in DeFi, but they are comparatively dependable assets that can be added to other pools.

The Best Roadmap for Getting a High-Paying Web3 Job in 90 Days

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Because of the concerns of money laundering in Australia, AUSTRAC will take action against cryptocurrency ATMs https://isoc-bsig.org/because-of-the-concerns-of-money-laundering-in-australia-austrac-will-take-action-against-cryptocurrency-atms/ https://isoc-bsig.org/because-of-the-concerns-of-money-laundering-in-australia-austrac-will-take-action-against-cryptocurrency-atms/#respond Fri, 06 Dec 2024 09:28:08 +0000 https://isoc-bsig.org/?p=4707 In this post:
  • Crypto is the top priority for Australian financial intelligence in the coming year.
  • A new team is being planned by the agency to keep an eye on crypto ATM service providers.
  • According to AUSTRAC, violators may be subject to severe financial penalties.

The primary emphasis of the Australian Transaction Reports and Analysis Centre (AUSTRAC) is cryptocurrency. To keep an eye on cryptocurrency ATM services that might be violating anti-money laundering regulations, the government is trying to assemble a new staff.

AUSTRAC CEO Brendan Thomas announced in a statement on December 6 that the organization will begin concentrating on the cryptocurrency sector in early 2025.

According to him, cryptocurrency and cryptocurrency ATMs are “attractive avenues for criminals looking to launder money” since they are simple to locate and enable speedy, permanent transactions.

This is the first move in AUSTRAC’s efforts to curb illicit cryptocurrency use in Australia. Until 2025, the agency will continue to monitor cryptocurrency ATMs.

According to AUSTRAC, infractions will result in significant financial penalties

According to AUSTRAC CEO Brendan Thomas, a new team will make sure cryptocurrency ATM operators follow regulations meant to lower the possibility of illicit funds passing via their devices.

Coinflip (680 machines), Localcoin (465 machines), Cryptolink (75 machines), and Nova (30 machines) are Australia’s top four cryptocurrency ATM companies.

Crypto ATM owners are already required to register with AUSTRAC, verify the identities of their clients, and keep an eye on transactions. If the amount of money taken out or put in exceeds $6,500 (ten thousand Australian dollars), they also have to notify any suspicious activity.

He went on to say, “Criminal exploitation will rise in tandem with the use of cryptocurrency.” The goal of the new task force will be to eradicate illegal operations that do not follow the law.

From Nothing to Web3 Expert: Your 90-Day Plan for Starting a Career

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SQV Joins the Binance Ecosystem with their Global Presale Set to Launch December 9, 2024 https://isoc-bsig.org/sqv-joins-the-binance-ecosystem-with-their-global-presale-set-to-launch-december-9-2024/ https://isoc-bsig.org/sqv-joins-the-binance-ecosystem-with-their-global-presale-set-to-launch-december-9-2024/#respond Thu, 05 Dec 2024 14:00:00 +0000 https://isoc-bsig.org/?p=4704 To join the global player community, follow us on social media or visit www.sqvoid.com

Web3 innovative ecosystem project Soul Quantum Void (SQV) has officially announced that its global public presale will launch on December 9, 2024, at 08:00 AM (UTC) on the Binance Smart Chain (BSC). 

SQV is driven by player consensus, with decentralization and decapitalization at its core. The SQV project aims to create a fair and transparent participation model for players worldwide. This presale ensures that all participants follow the same rules and conditions, rejecting early access privileges for capital-driven investors, and marks a significant step toward the practical implementation of decapitalization. 

IP Character Unveiled: Born from Consensus, Resonating for Consensus

In a recent voting phase on the Telegram Game, the global community of players has elected the official IP Character

This character will serve as a symbol of decentralization, representing its cultural essence and embodying the core spirit of SQV. The character also emphasizes the leading role of community players in the ecosystem’s development, emphasizing SQV’s strong commitment to both decentralization and the power of community consensus. 

Presale and Incubation Plan

During the presale, participants have two options: direct participation via BNB or joining the “Seed of Origin” Incubation Plan.

  • Direct Participation via BNB:
    Players can directly participate in SQV’s initial token exchange by investing BNB, becoming part of the SQV ecosystem.
  • “Seed of Origin” Incubation Plan:
    By participating in and completing the “Seed of Origin” Incubation Plan, players will receive an exclusive Golden Legendary QCP (a uniquely issued NFT that will never be reissued, offering the highest ecological earnings and governance rights), along with a gift of 1 BNB. 

Participation Process:

1. Obtain Resonance Code

Follow our official social media channels and join the Telegram group to participate in the event, quickly obtaining your binding “Resonance Code.” 

2. Invite and Accumulate

  • Invite 9 or more valid addresses to participate in the presale using your “Resonance Code,” with each address investing more than 0 BNB. 
  • Accumulate a total investment of 17 BNB.

3. Complete the Plan

Receive the Golden Legendary QCP and a gift of 1 BNB!

SQV’s Commitment to Web3:

SQV embraces the spirit of Web3 and actively implements its core principles, striving to foster ecosystem growth through player consensus and contributions. Every participant is a vital part of the SQV ecosystem, working together to advance the development and progress of a decentralized world.

This public presale marks not only a key milestone in the project’s development but also a bold new step toward decentralization and decapitalization. Through an innovative combination of consensus-driven initiatives, technological advancements, token models, and game mechanics, SQV will ultimately be “born from consensus, resonating for consensus.”

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Celebrating Crypto’s Early Icons: BTCC OG Week Honors Bitcoin and Meme Coin Pioneers https://isoc-bsig.org/celebrating-cryptos-early-icons-btcc-og-week-honors-bitcoin-and-meme-coin-pioneers/ https://isoc-bsig.org/celebrating-cryptos-early-icons-btcc-og-week-honors-bitcoin-and-meme-coin-pioneers/#respond Wed, 04 Dec 2024 12:09:24 +0000 https://isoc-bsig.org/?p=4700 BTCC Exchange invites the crypto community to celebrate the rich history of digital assets with the launch of BTCC OG Week. This unique campaign series highlights Bitcoin and the original meme coins that have shaped today’s crypto market.

As Bitcoin soars to new all-time highs, BTCC OG Week is designed to honor these timeless classics, providing traders with engaging opportunities to earn rewards while reconnecting with the cryptos that started it all.

Spotlight on BTC & Legendary Meme Coins

BTCC OG Week features a classic meme coin every week, celebrating their success in the cryptocurrency market’s journey. Traders can participate in AMAs with top influencers, weekly giveaways on social media, and trading challenges on the BTCC platform itself. The campaign creates a space for the community to reconnect with these iconic cryptos.

“OG meme coins are more than just tokens; they reflect crypto’s journey and culture,” said Aaryn Ling, Head of Branding at BTCC. “As Bitcoin continues to soar and optimism runs high, we want to celebrate these coins that continue to drive value while giving traders new opportunities to engage and earn.”

Kickoff with Bitcoin 

The campaign begins with the king of crypto, Bitcoin (BTC), the digital currency that started the revolution. To celebrate the launch, BTCC is hosting:

  • A 300 USDT giveaway on X (formerly Twitter)
  • A trading challenge that gives out 300 USDT in withdrawable rewards for traders meeting specific volume targets.

Every Monday, a new meme coin will be featured, accompanied by fresh activities and rewards. These campaigns invite participants to revisit the roots of meme coin culture while earning exciting prizes.

Why Join BTCC OG Week

This campaign is more than just a trading opportunity, it’s a celebration of the digital assets that laid the foundation for today’s crypto market. With engaging events, exciting rewards, and a chance to connect with the crypto community, BTCC OG Week offers something for everyone, no matter if you’re new to the market or a seasoned trader.

For more details, visit: https://www.btcc.com/market-promotion/bonus2/btcc-og-week/en-US 

About BTCC

Established in 2011, BTCC is one of the longest-serving cryptocurrency exchanges globally, providing secure, innovative, and user-friendly features and services. With over a decade of expertise, BTCC remains a trusted platform for traders navigating the crypto markets.

Official website: https://www.btcc.com/en-us 

X: https://x.com/BTCCexchange 

Contact: [email protected] 

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