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Tag: custodial

Binance now licensed as a crypto service provider in Bahrain

Leading crypto exchange Binance, announced today that it has been granted a crypto-asset service provider license from the Central Bank of Bahrain (CBB). Further, this license for Binance represents its first approval as a crypto-asset provider in The Cooperation Council for the Arab States of the Gulf (GCC). “I would like to thank Team Bahrain, […]

The post Binance now licensed as a crypto service provider in Bahrain appeared first on CryptoNinjas.

Proof Of Reserves – The Making Of A Bitcoin Industry Standard

As we venture into the year 2022, Proof of Reserves is emerging from a niche concept into a fledgling industry standard.

Upcoming AML Regulations in Estonia to Affect Cryptocurrency Industry – Regulation Bitcoin News

Estonia is making ready to implement a set of recent anti-money laundering guidelines that may stiffen necessities for crypto corporations working underneath Estonian license. The modifications come amid considerations that Russia might use crypto to evade western sanctions and an ongoing audit of the Baltic nation’s AML insurance policies. Government of Estonia Creates Stricter Regulatory […]

The post Upcoming AML Regulations in Estonia to Affect Cryptocurrency Industry – Regulation Bitcoin News appeared first on Bitcoin Upload.

Hexa Wallet’s Fundraising Crosses $1 Million, Funds To Be Used For Bitcoin Self-Custody Solutions

Hexa Wallet’s pre-seed rounds of over $1 million are being used for onboarding developers, designers, and driving community efforts for self-custodial bitcoin apps.

Turns Out Crypto (Mostly) Liked the Executive Order

March 10, 2022       /       Unchained Daily       /       Laura Shin Daily Bits ✍️✍️✍️ Samuel Reed, the third founder of BitMEX, pled guilty to violating[...]

The post Turns Out Crypto (Mostly) Liked the Executive Order appeared first on Unchained Podcast.

Sygnum Singapore Gets In-Principle Approvals to Expand Digital Asset Offerings

Sygnum, the digital asset technology group based in Singapore and Switzerland, has received in-principle approvals from the Monetary Authority of Singapore to expand its digital asset product offerings. The company

The post Sygnum Singapore Gets In-Principle Approvals to Expand Digital Asset Offerings appeared first on Fintech Singapore.

Asia crypto custodian Hex Trust completes SOC 2 certification

Hex Trust, an Asia-based crypto-asset custodian, today announced that it has completed its SOC 2 – SOC for Service Organizations: Trust Services Criteria assessment, conducted by Deloitte. An auditing standard developed by the American Institute of Certified Public Accounts (AICPA), SOC 2 compliance affirms that Hex Trust’s information security policies, procedures, and operations meet rigorous […]

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How Law Enforcement Seized 94,000 Bitcoin Stolen From Bitfinex

Federal authorities tracked down and seized more than 94,000 bitcoin allegedly stolen from Bitfinex. But how did they get their hands on the pseudonymous funds?

Cardano’s GO Labs Launches URGO Wallet. A lite wallet for Cardano native Tokens

GOmetalaunch Utility token, $URGO Token private Sale is live now after successfully completing their Seed Sales. The private sale is an opportunity to buy at a low price before the public sale and ISPO. Join private sale at https://urgo.gometalaunch.io


GO labs have been up and doing in efforts to deliver way ahead of the scheduled roadmap, as they are proud to announce that the team have been working around the clock to deliver needed updates.


To that effect, they are proud to unveil URGO Wallet, with a Github account dedicated to Community members to keep up with the progress of Technical updates on the URGO wallet build

About URGO Wallet:

URGO wallet is a non-custodial wallet, if you do not know what a non-custodial wallet is, I will explain it to you.

For you to better understand, I will explain what a custodial wallet is first. You know how, when you have your bitcoin or ADA or ETC saved in Binance or Coinbase, and there is the possibility of Binance seizing your bitcoin for violation of terms of service. Well, that is a custodial wallet. Moreso, your identity can be compromised because KYC is needed for custodial wallet's, like your name, your identity and international passport maybe.

URGO Wallet (non custodial)

A non-custodial wallet is a wallet that does not require a KYC, your identity is not needed, once your wallet is created, nobody can take away your bitcoin or ADA, and nobody can seize your crypto tokens. And the government cannot take it away or seize or restrict your access to it. Your identity is safe as nobody will know how many tokens or coins you own. All you need for access is your seed phrase or mnemonic phrase. And in my opinion that is true decentralization 

The roll out of the wallet will come as a web extension before the release of the Mobile App.
It is estimated that a test version of the web extension will be made available in three weeks' time.

The Technical update above is not final as further updates will come up as more features of the DAPP will be enabled.

About GOmetalaunch

GOmetalaunch is the first Cross Chain Metaverse IDO Launchpad being built on the Cardano Blockchain. Metalaunch will act as the gateway to the metaverse, offering GO Community members and Token Holders the opportunity to become the earliest and pioneer adopters of the Metaverse through exclusive Metaverse Project launches that will form the building blocks of the future of the Metaverse.

$URGO TOKEN PRIVATE SALE INFO

Private Sale Allocation: 100,000,000 URGO Tokens

Private Sale Price: 0.0021

Sales Page: https://urgo.gometalaunch.io

Minimum Buy Amount: 200 ADA per purchase
Maximum Buy Amount: 20,000 ADA per Purchase

How To Buy $URGO Tokens

Step 1: Purchase ADA from any cryptocurrency exchange company for example Coinbase or Binance and send them to your Cardano wallet like Yoroi, Daedalus, Adalite, Nami.

Step 2: Visit the $URGO Token Sale Page and send your ADA to the provided wallet Address.

Step 3: $URGO tokens will be air dropped to the wallet address used in participating in the Sales

Note:

* Ensure to send ADA from only Cardano wallets like Yoroi, Daedalus, or Adalite not from an exchange wallet.

* $URGO Tokens will be air dropped to your wallet within 24hours of sending ADA, we solicit your patience.

* You must reach the Minimum ADA required for each sale round to be eligible to get $URGO Token

Visit the social media channels below to view the UI/UX of the URGO wallet in full – 

Telegram Community: https://t.me/GOmetalaunch

Telegram Newsletters: https://t.me/GOmetalaunchNewsletters

Twitter Community: https://twitter.com/GOmetalaunch

Medium: https://medium.com/@gometalaunch

Youtube Channel: https://www.youtube.com/channel/UCoIR_758r2OSnpBrfcIdNDg

GitHub: https://github.com/Go-meta-labs

Media Details

Company Name: GOmetalaunch

Email: [email protected] 

Website: https://GOmetalaunch.io  

Virginia Senate Passes Bill Allowing State Banks To Offer Bitcoin Custody Services

A bill passed in the Virginian Senate allows banks to offer custodial services for bitcoin in either a fiduciary or non-fiduciary capacity once signed into law.

Ezillion Targets Seamless Transition to Digital Assets, Offers Rewards to Holders

The project also has a launchpad, which is an IDO platform for launching new tokens and coins. Furthermore, users can create initial token sales with reflections and profit-sharing mechanisms.

Ezillion's mission is to solve the problems currently hindering public access to crypto custodial services. It will achieve these goals by integrating security, simplicity, and accessibility cryptos into one platform.

The Ezillion Ecosystem

Ezillion strives to put "cryptocurrency in every portfolio." The platform establishes a break in the ecosystem to attract more people into digital assets to achieve this. By holding the Ezillion tokens for a long time, users may generate passive income while maintaining their privacy, authority, security, and autonomy. 

Notably, the ecosystem is based on reasonable monetary regulations and a robust decentralized foundation, and it is divided into a launchpad, staking platform, NFT marketplace, and BEP-20 token.

Ezilion Staking 

Ezillion is launching a staking platform that will allow investors, even newbies in blockchain, to stake Ezillion tokens. The platform offers a double rewards staking system that is profit-sharing utilities and token reflections.

Ezillion integrates on the Binance Smart Chain. Binance holding ensures the protection of its customers' funds by deploying unique security techniques and providing a Secure Asset Fund for Users (SAFU). The platform's staking method is arguably one of the safest and most environmentally friendly ways to generate passive revenue.

Ezillion NFT Marketplace

Ezillion NFT is a critical component of the NFT ecosystem. Ezillion Non-fungible Tokens (NFTs) are one-of-a-kind, non-transferable assets created on-chain. These tokens can be associated with anything, including digital EZI.

The crypto business has struggled with transparency, verification, ownership, provenance, copyright, and forgery for a long time. Furthermore, the sector has traditionally been confined to the privileged who can afford to invest millions of dollars in a single work of art.

Ezillion NFT marketplace can create, mint, sell, buy with multichain options. Users can select their preferred chain such as Ethereum or Binance Smart Chain. Meanwhile, Ezillion NFTs cannot be replicated and transferred without the user's permission, hence secure. 

Ezillion Token

EZI is a BEP-20 decentralized cryptocurrency based on the Binance Smart Chain. EZI is the currency needed to transact on the various distribution modules associated with the Ezillion decentralized application. Token owners have the option of staking their tokens in the Ezillion wallet to receive special rights and rewards within the network.

Tokenomics

The EZI token has a total supply of 1,000,000,000,000,000. Ezillion will burn 50% of the tokens to reduce the supply of the tokens to increase demand. Another 20% will go into liquidity to keep the tokens in supply. 

The presale will use up to 20% of the tokens. Furthermore, the unlock will use up 10% of the tokens, with a private sale taking up 3%, the airdrop 0.5%, team vesting 5% (Locked for 365 days) and CEX listing 1.5%.

About Ezillion

Ezillion is a protocol established and designed to directly reward holders while increasing value and liquidity on the Binance Smart Chain. Dubbed 'The People' s Launchpad', its objective is providing investors with innovative, user-friendly one-stop-solutions. They can find everything they need to buy, sell, and hold and make a more informed choice about whether or not to invest in Ezillion.

Ezillion's smart contract will be audited by Spywolf.co, and its KYC and private doxxing overseen by Pinksale finance. The project's presale will take place in April. 

 For more information, visit : Website | Twitter | Telegram

Crypto Industry Maintained Activity in February Despite Geopolitical Tension (Report)

Crypto and blockchain adoption move ahead despite – or even because of – political uncertainty in February.

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