How Is Crypto Taxed in the United States? It’s important for investors, including those with cryptocurrency IRAs, to understand how taxes affect their accounts. Cryptocurrencies are treated as property according to the IRS, just like many other investments. Every sale may cause a taxable event, with only a few exceptions. But if you hold your […]
LAUSANNE, SWITZERLAND, Apr 5, 2022 - (ACN Newswire) - Swiss financial intermediary and FinTech platform YOUHODLER announce the listing of the popular ApeCoin (APE) to the platform. As of today, all clients can buy, exchange, trade, lend, and earn APE. Furthermore, YouHodler is offering a limited-time savings account interest rate of 30% APR for all APE deposits. These rates are available until April 30th. After that date, the interest rates will decrease to 3% APR plus compound.
What is ApeCoin (APE)?
ApeCoin (APE) is the native governance token that powers the APE ecosystem. The APE ecosystem includes two of the most popular NFT communities, the Bored Ape Yacht Club (BAYC) and the Mutant Ape Yacht Club (MAYC).
APE is an ERC-20 utility token that aims to incentivize the decentralized community. Furthermore, ApeCoin holders are said to govern themselves and the community with the help of the ApeCoin DAO - a decentralized autonomous organization. In the DAO, ApeCoin holders can vote on the evolution of the ApeCoin ecosystem and how it should be used.
Yuga Labs, the brains behind ApeCoin, say that APE utility will soon include using it for in-game purchases, merchandise, services, and events in the metaverse and ApeCoin ecosystem. Due to the popularity of BAYC and MAYC, ApeCoin has a volatile introduction to the world. For those looking to activate their crypto portfolio and play with this volatility, visit YouHodler today.
The APE Foundation is the steward of ApeCoin. It is not an overseer, but the base layer on which ApeCoin holders in the ApeCoin DAO can build.
The Foundation facilitates decentralized and community-led governance and is designed to become more decentralized over time. It is tasked with administering the decisions of the ApeCoin DAO and is responsible for day-to-day administration, bookkeeping, project management, and other tasks that ensure the DAO community's ideas have the support they need to become a reality.
The goal of the APE Foundation is to steward the growth and development of the APE ecosystem in a fair and inclusive way. It utilizes the Ecosystem Fund, which is controlled by a multi-sig wallet, to pay its expenses as directed by the ApeCoin DAO and provides an infrastructure for ApeCoin holders to collaborate through open and permissionless governance processes.
YouHodler FinTech platform is focused on crypto-backed lending with fiat (USD, EUR, CHF, GBP), crypto and stablecoin loans (USDT, USDC, TUSD, PAX, PAXG, DAI, HUSD), crypto/fiat, and crypto/crypto conversions The platform supports BTC, BCH, BNB, ETH, LTC, XLM, XRP, DASH, HT, REP, and other popular cryptocurrencies and tokens. User's digital assets are safely guarded with Ledger Vault's advanced custody and Fireblocks security options.
AXEL, the leading technology company optimizing data privacy and security through its enterprise software solutions, announces that its AXEL Go app, the secure cloud-based file sharing solution for legal professionals, is now available through Clio, the world's leading provider of legal technology. Starting today, Clio's 150,000 users can collect and share files of any size, all within the Clio platform using AXEL Go, the secure file sharing and transfer software.
AXEL Go's unique security features can provide stringent defense against cyberthreats, while also helping to maintain proper workflow management. With its newly launched metadata preservation feature, AXEL Go is a defensible, cost effective and easy-to-use option for legal professionals to collect evidence, while preserving crucial metadata and for smaller document collections, AXEL Go eliminates the need for costly forensic examiners.
“We're excited that Clio's legal professionals can now experience AXEL Go and benefit from this intuitive and secure software that addresses their most important cybersecurity issues,” says Ben Ow, President and CTO of AXEL. “According to the ABA TechReport 2021, 25% of respondents reported that their firms had experienced a data breach at some point. AXEL Go is an easily implemented solution to help legal professionals organize their digital workspace, as well as keep their clients and practices safe from security risks.”
Clio, the most connected legal technology, is transforming the legal experience for all through cloud-based and client-centered solutions that integrate with 200+ apps. Firms of all sizes and practice areas use Clio to manage firm operations, improve client experiences, streamline billing and payments, and automate legal documents—saving lawyers valuable time and resources.
“AXEL Go deeply aligns with Clio's values of delivering cloud-based and client-centered technology for legal professionals— securely and from anywhere,” says Jack Newton, CEO and Founder of Clio. “This integration furthers our dedication to helping app developers build new experiences, launch their app with impact and reach more customers. We're thrilled to work with the whole AXEL team to bring this exciting integration into the Clio app ecosystem.”
While designed to be user-friendly and easily implemented for individuals and businesses of all sizes to protect data privacy and security, AXEL Go offers significant value to the legal industry in particular, where unique ethical, legal and confidential considerations are a major part of their day-to-day business. Built with blockchain technology and military-grade encryption, the mobile, desktop and web applications include a digital safe for highly sensitive documents with no size limits when sending or sharing files.
When files are shared with AXEL Go's secure sharing, they are split into small “shards” and distributed to various servers closest to the recipient. This process, which uses the same encryption technology that government agencies and the military use to secure their most confidential files, has no file size limits, doesn't require the other party to have an AXEL Go account to receive files and greatly reduces the risk of a data breach when the files are in transit. Users can also access reporting to show when their shared files were viewed and downloaded. And with the “Secure Fetch” feature they can also proactively request files from others through a secure channel with just a simple link, and in turn, recipients of a Secure Fetch link don't need an AXEL Go account to send any number of files or volume of data back.
Clio is transforming the legal experience for all by creating the worldʼs leading cloud-based technologies for law firms—to keep lawyers and their clients better connected throughout the legal process. Firms of all sizes and practice areas use Clio products—Clio Manage, Clio Grow, and Lawyaw—to manage firm operations, streamline billing and payments, automate legal documents, and improve the client experience. Following its UA$250M Series D funding, led by TCV and JMI Equity, and its US$110M Series E investment, led by T. Rowe Price Associates, Inc. and OMERS Growth Equity, Clio has made history by becoming the first legal practice management unicorn in the world. Learn more at clio.com.
Pre-COVID, cryptocurrency was nonetheless a comparatively unknown commodity in mainstream circles and to common shoppers. Two years into the pandemic (or post-pandemic, can we are saying???), that has modified completely. Deloitte’s 2021 international blockchain survey highlights the extent of crypto’s emergence – and this survey was carried out just one 12 months into the pandemic, […]
As interest and popularity in crypto and digital assets continues its impressive upwards trajectory, naturally, more and more users are looking for exchanges to pick up their favourite tokens and cash out some gains. Of course, most crypto users are familiar with centralized custodial exchange giants such as Binance, FTX, Crypto.Com, OKX etc., who provide convenient exchange services, but […]