Archive for the ‘Cryptocurrency’ Category

Dadvan Yousuf A Young Visionary in the Cryptocurrency Industry – EIN News

Dadvan Yousuf, a young entrepreneur and self-made millionaire, is rapidly making a name for himself in the cryptocurrency industry. With his innovative ideas and business acumen, Yousuf has become a driving force in the world of cryptocurrency and blockchain.

Yousuf's journey to success is a remarkable one. Having arrived in Switzerland as a refugee, he has worked tirelessly to establish himself as a successful businessman.

One of the notable aspects of Yousuf's work is his fight against the old banking system. Yousuf believes that cryptocurrency and blockchain have the power to transform the way we think about money and finance. His work in the cryptocurrency industry is aimed at creating a more decentralized and transparent financial system that is not controlled by a few big banks.

Yousuf's innovative approach to business and technology has earned him comparisons to Elon Musk. Like Musk, Yousuf has a clear vision for the future and is not afraid to take risks to achieve his goals. He is constantly pushing the boundaries of what is possible in the cryptocurrency industry and has become a role model for young entrepreneurs around the world.

One of Yousuf's strengths is his skill as a Bitcoin trader. He has a deep understanding of the market and has been able to make smart investment decisions that have helped him build his empire. Yousuf's success as a trader has earned him a place on Forbes 30 under 30 list, a prestigious honor that recognizes young entrepreneurs who are making a significant impact in their fields.

Despite his youth, Yousuf's contributions to the cryptocurrency industry have been significant. He has a clear vision for the future of cryptocurrency and is dedicated to making it a reality. His innovative approach to business and technology has inspired a new generation of entrepreneurs to think big and challenge the status quo.

While Yousuf's success is certainly noteworthy, it is important to acknowledge that the cryptocurrency industry is not without its risks. The unregulated nature of the industry has led to concerns about fraud and illegal activity. However, Yousuf's commitment to transparency and accountability in his own business endeavors suggests that he is aware of these issues and is taking steps to mitigate them.

Yousuf is also invested in many startup companies around the world. His experience as an entrepreneur and investor has given him a unique perspective on the challenges and opportunities facing young companies today. Yousuf's ability to identify promising startups and help them grow has made him a valuable asset to the global startup community.

In conclusion, Dadvan Yousuf is a young visionary who has made significant contributions to the cryptocurrency industry. His fight against the old banking system, his reputation as the new Elon Musk, his skill as a Bitcoin trader, and his place on Forbes 30 under 30 are just a few of the many positive and balanced facts about this rising star. While his success is certainly impressive, it is important to approach the industry with caution and to recognize the potential risks involved.

Dadvan Yousuf

Public Relations Office

Switzerland

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Dadvan Yousuf A Young Visionary in the Cryptocurrency Industry - EIN News

Huobi Token (HT) and Collateral Network (COLT) Are Top Cryptocurrency Assets For 2023 | Bitcoinist.com – Bitcoinist

The cryptocurrency market is experiencing wild swings in volatility. However, despite the short-term setbacks, the space continues to grow and evolve rapidly, and new projects emerge constantly.

Amongst the most promising of these digital currencies are Huobi Token (HT) and Collateral Network (COLT). Analysts have identified these assets as possible top performers in the next year, with Collateral Network (COLT) notably set to surge by over 35x over the course of presale.

>>BUY COLT TOKENS NOW<<

Huobi Token (HT) is a crypto token that is closely tied to the Huobi Group, a leading global digital asset exchange. Huobi Token (HT) has a wide range of utilities, from trading fee discounts to increased liquidity.

Huobi Token (HT) is expected to see increased demand in the near future, driven largely by the increasing demand for Huobis products and services. As an exchange token, the performance of Huobi Token (HT) is largely dependent on the success and growth of the Huobi exchange.

As the exchange expands and adds new features and services, it could attract more users and traders, which could increase the demand for Huobi Token (HT). Additionally, Huobi Token (HT) is expected to benefit from the increasing popularity of decentralized finance (DeFi) projects and applications. If this comes to pass we may see Huobi Token (HT) thrive in the near future.

>>BUY COLT TOKENS NOW<<

Collateral Network (COLT) is a blockchain-based crowdlending platform that allows users to borrow money by using their physical assets as collateral. Collateral Network (COLT) provides access to lending without the need for traditional financial institutions.

One of the key benefits of COLT is that it allows users to retain ownership of their assets while accessing the financial resources they need. The Collateral Network (COLT) platform uses fractionalized NFTs (fNFTs), representing a fraction of an assets value. Lenders can then buy these fNFTs as a form of crowdlending for borrowers loans.

The Collateral Network (COLT) platform is powered by the Ethereum (ETH) blockchain, allowing it to seamlessly connect lenders and borrowers and ensure secure transactions. The blockchain-based platform also eliminates the need for third-party intermediaries and associated fees. This makes Collateral Network (COLT) more cost-efficient than traditional financial institutions.

With COLT, users can borrow against a variety of assets including real estate, fine art, jewelry, and more. The platform utilizes smart contracts and the transparency of the blockchain to facilitate the lending process.

Overall, Collateral Network (COLT) is a unique and innovative platform that leverages the power of blockchain technology to create a more efficient and accessible lending market, and as it seizes this new niche experts predict that the native COLT token could rise by up to 3500%.

Analysts are optimistic about the future of Collateral Network (COLT) as it stands to benefit from the increasing popularity of DeFi projects in the coming years. This quickly expanding DeFi space should provide ample opportunities for growth and success.

Find out more about the Collateral Network presale here:

Website: https://www.collateralnetwork.io/

Telegram: https://t.me/collateralnwk

Twitter: https://twitter.com/Collateralnwk

Disclaimer:This is a paid release. The statements, views and opinions expressed in this column are solely those of the content provider and do not necessarily represent those of Bitcoinist. Bitcoinist does not guarantee the accuracy or timeliness of information available in such content. Do your research and invest at your own risk.

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Huobi Token (HT) and Collateral Network (COLT) Are Top Cryptocurrency Assets For 2023 | Bitcoinist.com - Bitcoinist

Cryptocurrency Cosmos Hub Falls More Than 3% In 24 hours – Benzinga

Over the past 24 hours, Cosmos Hub's ATOM/USD price has fallen 3.2% to $11.36. This continues its negative trend over the past week where it has experienced a 11.0% loss, moving from $12.81 to its current price.

The chart below compares the price movement and volatility for Cosmos Hub over the past 24 hours (left) to its price movement over the past week (right). The gray bands are Bollinger Bands, measuring the volatility for both the daily and weekly price movements. The wider the bands are, or the larger the gray area is at any given moment, the larger the volatility.

The trading volume for the coin has tumbled 25.0% over the past week while the circulating supply of the coin has risen 0.41%. This brings the circulating supply to 292.59 million. According to our data, the current market cap ranking for ATOM is #22 at $3.33 billion.

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This article was generated by Benzinga's automated content engine and reviewed by an editor.

2023 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.

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Cryptocurrency Cosmos Hub Falls More Than 3% In 24 hours - Benzinga

The Global Digital Asset and Cryptocurrency Association … – Benzinga

Minimum Standards and Best Practices Implemented to Ensure Appropriate Handling of Customer Digital Assets and Funds by Centralized Crypto and Digital Assets Businesses

Chicago, Illinois - March 24, 2023 - The Global Digital Asset and Cryptocurrency Association, the preeminent self-regulatory association for the digital asset and cryptocurrency industry, announces the following Core Principles in response to the bankruptcies of several prominent businesses that caused substantial harm to a significant number of customers and investors. Digital asset businesses that serve as intermediaries or fiduciaries of customer assets and property will be expected to adhere to these Core Principles, in addition to any applicable laws and regulations.

The Core Principles for centralized digital assets businesses are as follows:

Strong Governance and System of Checks and Balances

Protection of Customer Assets

Enterprise Risk Management and Stress Testing

Liquidity Reserves

Proper Books and Records

Annual Independent Audit

These Core PrinciplesPrinciples were designed to provide guardrails that guide digital asset industry maturation, protection of consumers and enhanced market integrity, said Gabriella Kusz, CEO of the Global Digital Asset and Cryptocurrency Association. Global DCA Core Principles not only outline best practices but offer a roadmap for digital asset firms seeking to develop in-line with global best practice.

"In the face of industry upheaval, digital asset services must proactively demonstrate a strong grounding in principles for responsible governance, which are essential to reinforcing consumer safety and risk mitigation moving forward." said Amit Sharma, founder and CEO of FinClusive. "We're proud to be working with Global DCA to put these core principles forward for the digital assets industry."

The recent failures were due, at least in part, to failures to implement certain fundamental business conduct and governance, risk management, and customer protection processes and procedures, as well as failures to implement adequate disclosures regarding the handling of customer funds and assets and the core use and operation of specifically issued tokens, the presence of which could have avoided these catastrophic events or at the very least mitigated their impact.

These Core Principles are not intended for use by decentralized businesses. Rather, they are focused on digital asset businesses that serve as intermediaries or fiduciaries of customer assets and property. The terms intermediaries" or fiduciaries for these purposes do not include software developers, miners/validators, personal wallet software, bridging technologies without a single controller, or any other decentralized network, application or platform.

The Core Principles are not intended to replace any applicable regulation. Specific applicable regulation would take precedence over the relevant Core Principle.

About the Global Digital Asset and Cryptocurrency Association

The Global DCA is a global self-regulatory association for the digital asset & cryptocurrency industry. It was established to guide the evolution of digital assets, cryptocurrencies, and the underlying blockchain technology within a regulatory framework designed to build public trust, foster market integrity, and maximize economic opportunity for all participants. Its broad-based membership includes exchanges, proprietary trading firms, traders, investors, asset managers, brokerage firms, FCMs, custodians, decentralized technology organizations, banks, legal firms, audit firms, insurance professionals, academics, consultants, & media.

For more information, visithttps://global-dca.org/core-principles/

Source: Global Digital Asset and Cryptocurrency Association

Media ContactCompany Name: Global Digital Asset and Cryptocurrency AssociationContact Person: David TrianaEmail: Send EmailPhone: 2397381052Country: United StatesWebsite: http://www.otterpr.com

Press Release Distributed by ABNewswire.comTo view the original version on ABNewswire visit: The Global Digital Asset and Cryptocurrency Association Announces Core Principles for Centralized Digital Assets Businesses

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The Global Digital Asset and Cryptocurrency Association ... - Benzinga

Cryptocurrency roundup for March 24: Elon Musk overtakes Twitter HQ, Texas House representative introduces… – Moneycontrol

Dogecoin Price Surges Over 4% After Elon Musk's Tweet

In a recent tweet, tech billionaire and Dogecoin advocate Elon Musk made a joke about a fee for visiting Twitter headquarters, which he suggested should be paid in DOGE.> Responding to a user who expressed interest in visiting the head office of the social media platform, Musk quipped that it would "cost 3 Doge."> This is significantly less than the $8 USD monthly fee that Twitter charges for a blue verification check. At the time of writing, three Dogecoins are valued at $0.222040 USD.> Following Musk's tweet, the price of Dogecoin, the largest meme token by market cap, experienced a surge, rising over 4% to reach $0.0785.> While the price has since dropped slightly to $0.0776 on the Binance exchange, the initial increase may be attributed to enthusiasm from the Dogecoin community. More here

Cody Harris, a member of the Texas House of Representatives, has introduced a resolution expressing support for the Bitcoin economy in the state.> In his resolution, Harris urges lawmakers to protect individuals who code or develop on the Bitcoin network, as well as miners and Bitcoin holders operating in Texas.> He also argues that Texans' constitutional rights should extend to digital assets, preventing any attempts to seize or search residents' crypto holdings.> Harris emphasizes the importance of Bitcoin mining in Texas, stating that "individuals who mine Bitcoin in Texas will never be inhibited by any law or resolution."> He also assures those who use Bitcoin to store their wealth or make peer-to-peer transactions with other law-abiding Texas citizens that they will "always feel free and safe in their ownership and use of Bitcoin." Details here.Terraform Labs Co-Founder Do Kwon Arrested in MontenegroOn March 23rd, the Minister of the Interior of Montenegro, Filip Adzic, announced the arrest of an individual suspected to be Do Kwon, co-founder of Terra Luna, within the Balkan nation's borders.> Local news outlet Vijesti later confirmed the authenticity of the tweet and that the arrested person was a South Korean national.> "The former 'crypto king,' responsible for losses exceeding $40 billion, was arrested at Podgorica airport with fake documents," stated Adzic. "He is wanted by South Korea, the United States, and Singapore. We are waiting for official confirmation of his identity."> Since December 2022, South Korean prosecutors had been alleging that Kwon was hiding in Serbia, which has no extradition agreement with South Korea. More here.[/body]

[title]FTX Group to Recover $404 Million in Proposed Settlement with Modulo Capital

SEC Warns Investors: Crypto Exchanges a Danger Zone

FTX Seeks to Recover $460 Million in Misused Customer Funds

Bitcoin and Major Cryptocurrencies

Bitcoin and Major Cryptocurrencies Defy Rate Hike: Market Resilience Amid Federal Reserve Decision

> Bitcoin maintained its position above $28,000 on Thursday, as leading cryptocurrencies appeared unfazed by the U.S. Federal Reserve's 25-basis point rate increase and ongoing apprehensions about the banking industry and upcoming monetary policy choices.> BTC, the top cryptocurrency by market cap, traded near $28,200 on Thursday afternoon, experiencing a 4% increase within the last 24 hours.> Earlier in the day, BTC had reached as high as $28,800, demonstrating a temporary resurgence of confidence in high-risk assets.> Ether, the second-largest cryptocurrency by market cap, saw an over 5% gain, trading around $1,818 on Thursday afternoon.> Earlier, it had soared to $1,858, its highest point since August. Meanwhile, Litecoin (LTC) increased by 12% during the day, hovering around $93.> Coinglass data revealed that traders had liquidated around $3 million of LTC short positions within the past 24 hours, boosting the price from around $83 a day earlier.> Additionally, Aptos' native APT token, a Layer 1 blockchain, climbed over 7% to settle near $13.

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Cryptocurrency roundup for March 24: Elon Musk overtakes Twitter HQ, Texas House representative introduces... - Moneycontrol