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StandPoint Finance is Negotiating the Opening of Its Own Bitcoin Mining Farm…

Standpoint Finance (STF) announces its resolve to establish its Bitcoin mining farm, hinting that negotiation is ongoing. The farm will house high-powered computers that would solve complex computational math problems. According to Investopedia, a leading source of financial content on the internet, Bitcoin mining is the process of creating new bitcoin by solving those computational maths puzzles. Tom Wood, Standpoint Finance's VP business development, stated in a statement on Friday that the company decided to join other companies that already own or are planning to own their Bitcoin mining farm. The decision comes after the company deliberated on a report submitted by the company's team of crypto market analysts. The company's analyst team had earlier been charged with a responsibility to investigate the prospect in the Bitcoin mining business.

“After carefully examining the crypto ecosystem in general and specifically the bitcoin market, we can see long-term constant growth in the daily trading volumes as more and more general services, online e-commerce as well as a traditional offline business willing to accept crypto as a legal tender. We believe that this constant rise in demand will inevitably lead to a rise in price which we believe will send bitcoin beyond the 100,000 USD marks in 2-3 years” Tom Wood said.

From the report submitted, Bitcoin price is projected to continue to rise, as available market statistics show a long-term upward trajectory. STF market analyst team projects that Bitcoin price will surpass the 100,000 USD mark in the next three years. Owing to that projection, the group of analysts believes that Bitcoin mining would become a top-flying investment opportunity. STF intends to harness the opportunity by owning a Bitcoin mining farm. As part of the ongoing negotiation, the company is considering the possibility of a joint venture or independent initiative.

Although it is unclear how STF will eventually proceed, the company has opened its doors to investors and other companies that would be interested in partnering to own a Bitcoin mining farm. One clear thing is that the company intends to replicate the success it has recorded so far in its brokerage business in this new venture. Tom Wood further stressed that the company would be employing the best hands to ensure the Bitcoin mining farm do not only come to fruition but be successful.

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StandPoint Finance is a leading broker with a revolutionary customer-centred trading platform that allows newbie and established traders to trade smartly. Apart from having years of experience in the industry, the firm has hired the best hands for the job. Their well-trained analyst, account managers, and customer service professionals make trading seamless for users.

Website: https://www.standpointfinance.com/
Email: [email protected]



CoinAgenda and BitAngels Present Fifth Annual Caribbean Blockchain Investing Conference Dec 7-9

CoinAgenda (www.coinagenda.com), the premier global conference series connecting blockchain and cryptocurrency investors with startups since 2014, and BitAngels, the leading network of bitcoin and blockchain investors, today announced the fifth annual CoinAgenda Caribbean event to be held at the Miramar Events Center in San Juan, Puerto Rico on December 7-9, 2021. Tickets and agenda are available on the event page.


The three day event will include topics around: the Future of Digital assets, Crypto Banking, the Growing Utility of NFTs, Play-to-Earn Gaming, the DeFi and TradFi relationship, Latin America and Crypto, Stablecoins, Scaling Solutions, Blockchain Companies in Public Markets, Creating a Clean Crypto Future, Smart Cities, Crypto Investing Strategies, and Structuring to Protect Assets.


Confirmed speakers include:


  • Brad Garlinghouse, CEO at Ripple

  • Dan Morehead, CEO at Pantera Capital

  • Brittany Kaiser, Executive Chair at Gryphon Digital Mining

  • Michael Wagner, Co-Founder & CEO of Star Atlas 

  • Robert Viglione, Co-founder & CEO of Horizen Labs

  • Brock Pierce, Chairman of Bitcoin Foundation

  • Bill Barhydt, Founder & CEO of ABRA

  • Edward Boyle, CEO of Medici Bank

  • Miles Paschini, CEO of FV Bank

  • David Johnston, COO at DLTx

  • James Haft, Chairman at DLTx

  • Jason Cooner, President & CEO at SDG Exchange

  • Dean Thomas, Global Head of Institutional Capital at Polygon

  • Michael Terpin, Founder and CEO of Transform Group and CoinAgenda

  • Austin Davis, Co-Founder of CommunityElectricity.io

  • Erika Zapanta, Global Director of Events at Transform Group

  • Irina Litchfield, Partner at Percival Capital; BitAngels City Leader Austin

  • Adryenn Ashley, NFT Community Designer at Wow! Is Me, Inc.

  • Justin Litchfield, CEO of Quantum Machines

  • Warren Whitlock, CEO of Stirling Corp; Advisor of BitAngels

  • Mario Nawfal, CEO of NFT Technologies

  • Matt McKibbin, Founder of DecentraNet

  • Emma Rose Bienvenu, Chief of Staff at Pantera Capital

  • Brian Santos, COO at Fly Air

  • Ben Sigman, CEO of Make Sense Labs

  • Sean Walsh, Founder of Redwood City Ventures

  • Dr. Steven Waterhouse, CEO of Orchid Labs

  • Alex Nascimento, Co-founder of Blockchain at UCLA

  • David Namdar, Co-founder of NFT.com

  • Joel Comm, Co-Host of Bad Crypto Podcast

  • Travis Wright, Co-Host of Bad Crypto Podcast

  • Brian Bourgerie, InvestPR

  • Joey Krug, Co-CIO at Pantera Capital

  • Bryan Bullett, CEO of Bit Digital Inc.

  • Liat Aaronson, COO at Horizen Labs

  • Jeff Crane, CEO and Exec Producer of NFT the Movie


The conference will also feature a startup contest (in collaboration with BitAngels) where a mix of angel and VC investments (as well as tokens trading on exchanges) will pitch in a Demo Day environment to judges and the CoinAgenda audience of investors and entrepreneurs. Judges may consist of crypto funds, family offices, VCs and strategic partners. Upon completion of the presentations, three winners will be announced and 1st place will walk away with a marketing package (valued up to $10,000).


In addition, all presenters will receive a recording of their presentation, have access to the full CoinAgenda event and parties and most importantly have their decks sent to a select group of investors unable to make the event in-person, but have expressed their interest in allocating capital into new deals within the next year. To apply to pitch and inquire about the presenter fee, email [email protected] by November 30.


This cryptocurrency investor conference will conclude each day with an all-inclusive, high-end party where speakers, sponsors and attendees can mingle at some of the most memorable venues in the city. CoinAgenda's main party, known as the “Legendary Dinner” will be held at the Conservatorio de Música de Puerto Rico, with four courses of delicious local fare, drinks, and live musical entertainment under the night sky.



“This year has been one of incredible growth in the sector, we've even seen the cryptocurrency market hit $3 trillion for the first time,” said Erika Zapanta, Global Director of Events for CoinAgenda. “We are excited to return to the growing blockchain hub of Puerto Rico to discuss the mainstreaming of digital asset investing.”


Confirmed event sponsors include:

  • DLTx - DLTx is a public company listed on the Norwegian Oslo Børs Stock Exchange and is the enterprise vendor for DAOs and blockchain protocols that offers unique access to the public blockchain markets & well-priced access to funding. DLTx has developed a novel way for investors to access compelling and predictable economic returns based on the changes created by the decentralization & disruption of major global industries.

  • Transform Group - Transform Group is the world's leading blockchain public relations, advisory, events and social media company, with offices in New York, Los Angeles, San Francisco, Las Vegas, Toronto and global headquarters in San Juan, Puerto Rico. Transform Group is dedicated to creating and sustaining industry leadership positions for its clients through superior strategy, relationships, market intelligence and consistent execution.

  • Rair Tech - RAIR is a blockchain-based digital rights management platform that uses NFTs to get access to streaming content.

  • Raiinmaker - Raiinmaker is a blockchain-based social engagement platform where creators and brands grow, incentivize and reward fans to build community, together.

  • Blockchain Wire - Blockchain Wire is the industry's first blockchain press release distribution service focused exclusively on news about blockchain, distributed ledger technology companies, ICOs, STOs and other blockchain and cryptocurrency-related announcements. Our global reach includes broadcast and online media outlets, social media sites, industry trade publications, leading blogs and blockchain industry influencers.


For more information regarding CoinAgenda, please visit  www.coinagenda.com


To purchase tickets for CoinAgenda Caribbean, visit the event page: https://coinagenda.com/coinagenda-caribbean-2021/


For the CoinAgenda Caribbean schedule, visit https://coinagenda.com/coinagenda-caribbean-2021-schedule/.  


To learn more about Puerto Rico Blockchain Week, visit www.prblockchainweek.io.


Connect with CoinAgenda: 

Twitter  Facebook  Telegram


ABOUT COINAGENDA

Now in its eighth year, CoinAgenda is the leading global conference series connecting professional investors, traders, family offices and digital currency funds with top entrepreneurs in the blockchain and cryptocurrency sectors. CoinAgenda Caribbean focuses on international blockchain investing trends, with world-class speakers from around the globe, plus a special focus on blockchain economic development, friendly jurisdictions, the rise of security tokens, enterprise applications, and changes in digital currency funding vehicles and digital currency exchanges. CoinAgenda is an experience that allows all attendees to meet, mingle, and get to know the leading thought leaders, entrepreneurs and investors in the sector, including memorable parties at unique locations. 

Chainlist.finance, The First Decentralized Crosschain NFTs Bridge & Marketplace

Chainlist.finance will further assist them to launch their NFTs on different blockchains. Chainlist.finance is compatible with cross-chain blockchain and cross-chain social media. 

Chainlist.finance offers multiple new and updated features that have not been offered by any other blockchain project. This project, however, explores different areas of improvement, and tries to stick two incomplete pieces in order to create a single masterpiece.

Besides, social media is no longer confined to entertainment. Many people have made a good fortune out of it, and the number of those individuals is only increasing. Individuals that are already monetizing social media, and those who create content only as a hobby, both, are provided with a passive income opportunity through Chainlist.finance. NFTees trading volume surged in the third quarter of 2021 to $16.67B. Considering that number chainlist is offering passive income where an artist can earn upto $50k on average

Users of Chainlist.finance will be able to convert their digital content into NFTs, without going through the hustle of creating a digital currency wallet, purchasing native tokens and utilizing them to create NFTs. On the contrary, users will be able to convert their digital content into non-fungible tokens relatively easily, through just a few clicks.

As the diagram explains for itself, Chainlist.finance will use its NFT bridge to offer interoperability. Users will be able to buy and sell in different blockchain marketplaces without having to shift to other crypto wallets.

Once users authorize their social media accounts with the application, they will be able to mint or buy/sell NFTs. In addition to that, users who do not want to connect their social media accounts, will be able to directly convert their organic data into NFTs.

Chainlist.finance takes up on the challenge to amalgamate both industries to create a by-product that is enabled to transform usual digital content on social apps into NFTs, and launching them on different blockchain marketplaces. Aside from creating NFTs, Chainlist.finance offers exciting features.

What Chainlist is offering ?

Metaverse

Chainlist.finance offers metaverse with augmented and virtual reality to enable influencers and their followers to conduct virtual events. Users will be able to request their celebrities for personalized content that can be published on either marketplace with the consent of both parties.

Staking

Chainlist.finance offers staking with its native token $Clist in return offers upto 509,555.25% APY. Users can do staking in two ways: $Clist-$Clist or $BNB-LP $Clist pools

Governance

Chainlist.finance is a decentralized structure with its native token $Clist which can be used to participate in governance structure of the platform.

Cross chain interoperability

Through the Chainlist NFT bridge users will be able to access multiple blockchains through cross chain interoperability feature. In addition, users will be able to make transactions on different blockchains with a single wallet through Chainlist NFT bridge.

Desktop and Mobile application
Chainlist.finance has compatible applications for desktop and mobile sets in order to offer better user experience.

Third party use-case and applications
Chainlist will have its own open source code on github, third party platforms will be able to adopt usability and scalability within the open source ecosystem. They will not have to write code from scratch, as they can adopt it from the open source.


Tokenomics

Chainlist token is already minted on the binance smart chain and has a total token supply of 1 Billion Clist token which will be distributed below;

  • Private-sale 5% Tokens will be sold to Venture Capitalists and Long Term Investors.

  • Pre-sale: 30% of tokens will be sold at 1 BNB = 300,000 Clist to Early Investors.

  • Initial liquidity pool: 20% on Pancakeswap

  • Marketing and strategic partnership: 8% (locked for 6 months vesting)

  • Team pool: 5%, where 2% for development and 3% for R&D (tokens locked for 6 months vesting)

  • ILO platform fee 2%

  • Tokens locked for staking reward in contract: 30%

Mission and vision

Chainlist has the mission to create an integrated space for social media platforms and blockchain. It is on the mission to create a source of passive income for social media users through non-fungible tokens, and staking for Chainlist.finance community. 

The platform is designed in a way to facilitate users to easily transfer their digital content into non-fungible tokens. It also helps users to launch their NFTs across different blockchain marketplaces, which is a big flex for a project of this nature.

Chainlist.finance is a one-stop marketplace for social media users to monetize their personal content that includes images, GIF, videos and music. Users can turn their viral content into NFTs and sell for fortune including the 5% royalty on each trade. So what are you waiting for?

Social Media

One Ring to Rule Them All

“I got a really big team. They need some really big rings. They need some really nice things.” Drake Chinese team Edward Gaming (EDG) are League of Legends (LoL) world champions – claiming the Summoner’s Cup by beating rivals DWG KIA for the organization’s first championship at Riot Games’ Worlds 2021. The final five game series took place in Reykjavik, Iceland and attracted over 4 million viewers outside […]

The post One Ring to Rule Them All appeared first on Esports Group.

Buy Irish-made bitcoin and ethereum cufflinks

So we’re always on the lookout for interesting local stories, but occasionally we get something really cool that comes our way, and this one will be ideal for any crypto lover as a gift, or anyone looking for a cool crypto related corporate gift. Based on the main street in Dalkey in South County Dublin, an area I know well from growing up, Birthday Cufflinks Ireland was founded 10 years ago, specializing in making a handmade range of jewellery using old Irish coins, which have been gifted to US presidents Clinton, Obama and Biden. So for instance you could get

The post Buy Irish-made bitcoin and ethereum cufflinks first appeared on Bitcoins In Ireland.

Sportsbet.io Donate Bitcoin to Southampton FC Supporters in First Ever ‘Crypto Fan Fund’

Sportsbet-7b

Press Release: Sportsbet.io launches first-ever ‘Crypto Fan Fund’, donating 2 BTC to its Premier League partner Southampton FC.   10th November 2021, London, UK  – Sportsbet.io has today announced the launch of a first-of-its-kind ‘Crypto Fan Fund’, donating 2 Bitcoin (BTC) to its partner club Southampton FC. The fund will be used to deliver a […]

The post Sportsbet.io Donate Bitcoin to Southampton FC Supporters in First Ever ‘Crypto Fan Fund’ appeared first on Bitcoin PR Buzz.

Bitcoin PR Buzz - World´s First Crypto PR Agency with 9+ Years, 900+ clients, 1500+ press releases

$5,000 Overcooked! All You Can Eat Community Tournament by Nobility…

Who's excited for the next Nobility Community Tournament? The contest will take place on the hugely popular Overcooked! All You Can Eat, for those that don't know this game is a cross-platform cooking simulation game like no other.

Have a go at serving up a wide range of different dishes such as cakes, burgers, sushi and pasta to waiting customers in a crazy collection of different kitchens. Don't think you're safe to focus on your cooking because you'll need to watch out for all sorts of hazards like the floors caving in, fires breaking out and your work surfaces floating away!

The tournament will be taking place on November the 19th at 3pm EST, entry to this community event is free for anyone that holds a minimum of 1 million NBL tokens and the winner will take home $5,000 in BUSD.

Registration is open now and must be completed on the Nobility website here: www.nobilitytoken.com

Nobility's goal is to fuse blockchain technology and decentralized finance with Esports in order to create a thriving global community where all members are rewarded fairly.

Be sure to follow their socials below:    
Instagram: https://www.instagram.com/nobilitytoken/
Telegram: https://t.me/thenobilitytoken
Twitter: https://twitter.com/nobilitytoken
Website: https://nobilitytoken.com/
Medium: https://medium.com/@NobilityToken
Reddit: https://www.reddit.com/user/nobilitytoken
Discord: https://discord.com/invite/nobilitytoken
Via The Crypto Press Association

EEA Presents “Ethereum in Finance – A View from Singapore” Virtual Event

ConsenSys’ Charles d'Haussy, MAS’ Alan Lim and Standard Chartered Bank’s Vinoy Kumar Join Moderator DBS Digital Exchange’s Daniel Lee to Discuss Ethereum Growth Trends,  Nov. 18, 2021, at 9 a.m. SGT SINGAPORE — Nov. 10, 2021 — The Enterprise Ethereum Alliance (EEA) today announced Ethereum in Finance – A View from Singapore – a free, [...]

The post EEA Presents “Ethereum in Finance – A View from Singapore” Virtual Event appeared first on Enterprise Ethereum Alliance.

Leading Incubator, Starter to Host Token Sale for the Financial Layer Protocol of the Metaverse, StripFinance

-- Recently crowned #1 launchpad by average ROI, Starter (https://starter.xyz), today announced it will host the Initial Dex Offering (IDO) of StripFinance (https://www.strip.finance/), a decentralized platform protocol for easing liquidity in the NFT space. 

As the Non-fungible token (NFT) space continues to vastly expand on the blockchain, hundreds of thousands of creators and enthusiasts interact daily, creating millions of dollars in value within the NFT space. The growing transfer and value of NFTs has created a liquidity challenge in the market that will be solved by StripFinance. The protocol will allow users to provide loans against the value of NFTs as collateral and unlock millions of liquidity currently locked away in ‘Blue Chip NFTs.'

“StripFinance will be offering something we have yet to see normalized in the NFT space: NFT collateralization. Their DeFi protocol will add another staple to NFT utility by allowing lenders and borrowers to use NFTs to conduct transactions and provide additional utility, “said Lionel Iruk, special counsel at Starter. “It's great to be a part of StripFinance's process to see how the protocol will further push the boundaries of the blockchain!”

Within the DeFi protocol, lenders will be able to provide stable coins as liquidity, matching lenders to borrowers who are interested to borrow against their valuable NFTs. The lenders will have control over the interest rate and the Loan-To-Value (LVT) they are willing to offer borrowers. 

The value of the collateralized NFT will be directly retrieved from the NFT Marketplace, creating a fair and transparent collateralization process. Once accepted, the NFT will be transferred and held in escrow. If the installments are paid within the timeframe, the NFT will be returned to the original owner. However, If there is a default, the ownership rights are transferred to the lender. 

Additionally, users will have the option to opt for a pool, where investor and lender funds and NFTs will be pooled and create a stronger collateral and better security for all parties involved. 

StripFinance is founded by veterans of the industry including Varun Satyam, Yuvraj Chhibber and Yash Jejani. So far, the protocol has recently completed a $1.5 million raise so far from LD Capital, Old Fashion Research, Nothing Research, Tenzor capital, Exnetwork Capital, Valhalla capital, Block0, Shima Capital, Lancer Capital, MEXC Global Exchange, Kryptos Research, The NewField Fund, ZBS Capital, Starter Capital, J10M Capital, Wave 7, among others. 

During the Initial Dex Announcement (IDO), $STRIP tokens will be made available for purchase at $0.40 USD. The tokens will offer additional leverage value in the event of the NFT price reduction into the risk threshold. Additionally, $STRIP will function as a native platform utility token to pay fees for other platform services and will be considered within the project governance regarding decisions for project updates, airdrops, burn schedules and developer and community grants. 

Starter's community has provided hassle-free funding to many well-known IDO launches and now adds StripFinance to its list. For more information on Starter's IDO launch of StripFinance, please visit https://starter.xyz/.


About StripFinance

Strip Finance is building liquidity easing solutions for the NFT space, initially launching a collateralized NFT borrowing and lending platform on Binance Smart Chain. The platform's ability to collateralize NFTs through its liquidity protocol enhances the value proposition for both asset owners and yield-seeking investors. 


The idea was conceptualized in response to the global explosion of interest in digital ownership by a team that comprises experienced crypto entrepreneurs, operators, and stalwarts of the crypto industry as advisors and investors. 


Website | Twitter | Telegram | Announcements | Github | Medium



About Starter

Starter (https://starter.xyz) is the leading IDO launchpad, incubator, and investor network for @0xPolygon, $ETH, $AVAX, $FTM, and #BSC, having raised over $25M for 40+ projects, including Cake Monster, Wall St Bets, Nasdex, and Enjinstarter. Starter provides projects access to funding opportunities without the hassle of bureaucratic hurdles or complex KYC requirements. Starter's suite of products include a venture arm Starter.capital, launchpad Starter.xyz, and token vesting and liquidity locking StartVesting.xyz.

Media Contact: 

vEmpire DDAO is Now Trading on PancakeSwap

vEmpire DDAO (https://v-empire.digital/), the world's first Layer 2 Metaverse protocol that is dedicated to restoring fairness to the Metaverse, today announced that its native token VEMP has bridged over to the Binance Smart Chain (BCS) and is now trading on PancakeSwap.

The listing makes it possible for the vEmpire community to trade $VEMP on one of the world's most popular dApp, using a network with some of the lowest transaction fees in the industry, thereby introducing an entirely new audience to vEmpire.


This integration makes it possible for the entire vEmpire community to provide liquidity on the PancakeSwap platform and earn proportional rewards based on the amount of liquidity that they provide. This is significant for both VEMP holders and the vEmpire project itself as the partnership leverages exposure to Shiba's fast-growing community. 

We are happy to announce that we have bridged over to the Binance Smart Chain,” said Dom Ryder, Founder and CEO of vEmpire. “We look forward to integrating with one of the most engaging communities in the industry and we hope that we can introduce many of these passionate crypto natives to vEmpire.”

The ultimate goal of vEmpire is to introduce more crypto enthusiasts to vEmpire's mission of fighting against centralization by keeping decentralized Metaverse projects decentralized. It does this through its democratic DAO and platform for collateralizing Metaverse tokens, whereby stakers can earn financial rewards derived from profits across over five Metaverses. 

About vEmpire

vEmpire is focused on achieving true decentralization and holding DAOs accountable. Our official platform incorporates different staking strategies to incentivize Metaversal token staking to speed up the battle against centralization in the cryptoverse. Our protocol rewards MANA, SAND, AXS, STARL and ETH stakers with our native token VEMP, alongside rewards in the token that they staked. vEmpire allows crypto enthusiasts to earn financial rewards on their holdings while also helping contribute to ensuring the important crypto projects can realize their true potential instead of being used as cash cows by centralized entities. 

Telegram II Twitter II Facebook II Medium

Media Contact:

vEmpire DDAO Ltd, [email protected]

Cryptodrop Launches $CDROP Token on the Binance Smart Chain

$CDROP is a BEP-20 token designed to offer governance capabilities on the platform. It also introduces staking options for users, enabling passive income earning. 

Currently, the platform is putting forth directions for the $CDROP token sale where investors can expect daily settlements from their staking besides earning from the games. Furthermore, Crypto Drop is aiming to incentivise the process considerably and introduce more users to the platform.

Crypto Drop has stated that they plan to guarantee trust to avoid crypto dumps, as it has been common with new DeFi projects. The platform's mission is to bring back faith to DeFi while creating more use cases for its coin.

Crypto Drop Utilises Blockchain Technology

Crypto Drop leverages blockchain technology to achieve decentralisation for its users. The team is keen on actualising blockchain's perks to offer better security, speeds, low costs, and anonymity for its users.

The platform presents you with an option to play and bet on the next block hash while simultaneously still being able to stake. Incentives gained depend on the number of coins at stake—however, the platform has stated that they will be issuing out all payments in Binance Coin (BNB).

The game contains two options for the block hash game: the block hash game and the VIP game. In the block hash game, you can perform an on-chain wager between 0.01 BNB and 0.5 BNB. On the other hand, the VIP game allows you to wager between 0.1 BNB and 0.5 BNB.

The outcome is not easily predictable, ensuring the game is devoid of bias. Additionally, The blockchain leverages the Chainlink Verifiable Random Function for the VIP games. All in all, you can expect a fair outcome from your participation on the platform.

The Jackpot Program

Crypto Drop has a program that gives every user a chance to win a jackpot. The percentage of the profits can go up to 50% depending on the amount the user wagers on the block hash or the VIP game. Betting the maximum amount, which is 0.5 BNB, can give investors a chance at winning the 50% jackpot. Notably, part of the jackpot funds will be redirected to development, marketing, token burns, airdrops, within the Crypto Drop ecosystem.

Crypto Drop expects growth of the jackpot reserves as time goes by. It will ensure the safety of user funds and the reward distribution program by initiating smart contracts on its network.

Another essential aspect to note is that from the blockhash game, 10%, 40%, and 50% will go to the project's expenses, jackpot, and stakers, respectively. As for the VIP game, the platform will use 10% of its proceeds to manage the project's expenses. 30% each of the remaining will be distributed to the jackpot program, staking rewards, and the Chainlink VRF. 

YouHodler Will Delist Bitcoin SV (BSV) to Protect Its Users’ Holdings

YouHodler, a fintech platform that helps people access the benefits of the crypto economy, announced that it would delist the Bitcoin SV (BSV) coins on November 9th, 2021. Current holders are able to withdraw their BSV holdings or exchange it for other coins. All trading deals and BSV backed loans will be closed automatically on November 9th and after that all BSV coins will be automatically converted to Bitcoin at market rate.

“Most crypto companies followed Binance which loudly announced its decision to delist BSV tokens back in April 2019. Relying on our core principle of letting customers decide what to hodl and trade, we held on to BSV much longer as people were still interested in  hodling it”, says Ilya Volkov, CEO & Founder of YouHodler. “At this point the trust in Bitcoin SV plummeted and we can no longer allow our clients to hold it as it could lead to a total loss of funds. That's why we made a decision to delist BSV from YouHodler's platform”.

Bitcoin SV is a fork of Bitcoin Cash created in 2018 after a group of miners disagreed with the ecosystem's decision on solving the scaling issues. During the summer of 2021 Bitcoin SV suffered multiple 51% attacks, making the audience question the safety of its network. The people behind Bitcoin SV have also made dubious claims and attempted to manipulate the market. As of today, Bitcoin SV is the token #54 on Coinmarketcap and its market capitalization is shy of $3 billion. 

YouHodler's users are able to convert their BSV to BTC, ETH, ADA, BNB, LTC, XLM, XRP, DASH, HT, DOGE and other popular cryptocurrencies and tokens. YouHodler's solutions open up connections between crypto and the real world, allowing people to use their crypto assets without spending them. With YouHodler, users can buy and sell crypto at any time, use it for purchases or put it in a reward account generating up to 12% yields. In addition, they can exchange crypto, fiat and stablecoins and get instant cash and crypto loans with their crypto assets acting as collateral.

About YouHodler

YouHodler is a fintech platform that helps people access the benefits of the crypto economy. It allows users to get instant cash and cryptocurrency loans, exchange crypto, fiat and stablecoins quickly and easily, and earn up to 12% APR + compounding interest by depositing crypto in their account. The platform has the highest loan to value ratio (90%), with minimum loan amounts starting at just $100 and accepts the top 30 coins as collateral with instant credit card and bank withdrawals included. YouHodler supports BTC, ETH, ADA, BNB, LTC, XLM, XRP, DASH, HT, DOGE and other popular cryptocurrencies and tokens. Users' funds are protected with Ledger's industry-leading and independently-certified security technology, as well as their insurance program. The company is an EU and Swiss-based brand with two main offices in Cyprus and Switzerland. For more information please visit https://www.youhodler.com 

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