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MoneyNext Summit Goes Virtual, Live Discussion Panel Starts August 18th, 2020

MoneyNext Summit Online is the leading virtual event to address the current financial landscape and offer insight and opinion into the future of money. 

MoneyNext Summit Online is a bigger and more complex version of Fintech Friday panel discussion, and is taking place from 18th to 21st August 2020. The event will assist fintech and tech professionals shape the future of money.

MoneyNext Summit Online gives users access to over 30 hours of exceptional content across 4 days and a line-up of 180 speakers – fintechs and disruptors, technology decision makers to discuss, debate and challenge the latest industry trends and future innovations alongside an audience of 5000 people from tech giants and latest startups.

The conference themes that will be in spotlight include Banking Transformation, Payments and Transfers, Blockchain, Open Banking, Lending and Finance, Insurtech and Security. 

Industry captains from Finance and IT will share their trials and successes to help your business adapt and thrive. Some of the top speakers to take the virtual stage in 2020:

RICHARD DAVIES – CEO Banking, Revolut

CRAIG WELLMAN – Director Financial Services, Microsoft

ANDREA DUNLOP – Chairwoman of the Emerging Payments Association

JASON MAUDE – Head of Technology Advocacy, Starling

AMNAH AJMAL – Group Executive – Merchants, Acceptance & Digital Partnerships, Mastercard

LUCY DEMERY – Global Head of FinTech Banking, Standard Chartered

CAROLINE AMBROSE – Director – Open Banking Implementation, Barclays

CHRIS HIGHAM – Head of Strategy & Change – Payments, Virgin Money

STEPHEN INGLEDEW – Chief Executive, FinTech Scotland

BECKY MOFFAT – Global Head of RBWM Customer Marketing, HSBC

NOUAMANE CHERKAOUI – CIO, Société Générale

SIMON VINEY – Cyber Security Financial Services Sector Lead, BAE Systems

The event is completely free to attend. Register now at https://moneynextsummit.com/online/registration and follow #MoneyNextOnline hashtag on social media for the event’s latest updates and news.

MoneyNext is the source of this content. This Press Release is for informational purposes only. Virtual currency is not legal tender, is not backed by the government, and accounts and value balances are not subject to consumer protections. Cryptocurrencies and tokens are extremely volatile. There is no guarantee of a stable value, or of any value at all.

About Bitcoin PR Buzz: Bitcoin PR Buzz has been proudly serving the crypto press release distribution needs of blockchain start-ups for over 8 years. Get your Bitcoin Press Release Distribution today.

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Explorer API service NOWNodes Starts Offering Extended Free Plan

The NOWNodes team made a step forward to support developers and crypto projects to sustain amid the outbreak caused by COVID-19: the personal plan is as always free but now with 50,000 requests per day. To start working with it one just needs to receive an API key.

The service makes use of JSON RPC to provide access to nodes and BlockBook API for blockchain explorers. A detailed guide both on the website and in Postman is suitable for most possible scenarios: it works for crypto enthusiasts, students, or experienced developers. 

Blockchain-as-a-Service is a growing domain: the market size is expected to reach $15.4 bln by 2023, at a CAGR of 90.1%. BaaS can be used to make various digital products: these may be smart contracts, decentralized applications (dApps), or even other services that can work without any setup requirements of the complete blockchain-based infrastructure. Many tech giants like Microsoft, Amazon, IBM, Baidu and Tencent act as BaaS vendors.

NOWNodes helps to build crypto and blockchain products faster. Instead of using various services and maintaining complex infrastructures, things like crypto wallets, exchanges, payments, processors and dApps can rely on fast and reliable connections and SLA. 

Powerful servers in Germany are fully ready for constant work 24/7. No need to build a custom explorer — the service provides access to explorers of 40 most popular blockchain networks. In Q4 the company is planning to add support to even more networks.

NOWNodes hosts explorers and full blockchain nodes for 45 networks, including BTC, XMR, KMD, DGB. The service went live in 2019 under the supervision of ChangeNOW. Among the clients — services like Guarda, Atomic, Trezor, Pint and more.

NOWNodes is the source of this content. This Press Release is for informational purposes only. Virtual currency is not legal tender, is not backed by the government, and accounts and value balances are not subject to consumer protections. Cryptocurrencies and tokens are extremely volatile. There is no guarantee of a stable value, or of any value at all.

About Bitcoin PR Buzz: Bitcoin PR Buzz has been proudly serving the crypto press release distribution needs of blockchain start-ups for over 8 years. Get your Bitcoin Press Release Distribution today.

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Mati Greenspan’s Quantum Economics Partners With Major Indian Crypto Media Group CoinGape

New Delhi, India (July 28, 2020): Mati Greenspan’s Quantum Economics has partnered with major Indian crypto media group CoinGape to provide quality cryptocurrency analysis. As a result, readers of Coingape will enjoy expert insights into the state of the market from one of the most knowledgeable figures in the industry.

The partnership will provide CoinGape readers with quality cryptocurrency analysis, courtesy of Mati Greenspan and the Quantum Economics team. It will supply the information they need to profit from favorable trading setups. CoinGape will publish expert analysis and insights into the crypto markets submitted directly by renowned cryptocurrency influencers. 

Quantum Economics founder Mati Greenspan stated: “We feel strongly there is a huge potential for digital asset disruption in India, and this partnership with the leading crypto publication in the country puts us in an excellent position to captivate this budding audience.”

Sunil Sharma, founder at CoinGape, said: “We stand firm on our commitment to provide quality information, and partnerships with renowned experts like Mati Greenspan and Charles Bovaird will help us achieve our mission.” 

As digital currencies and blockchain technology experience rising adoption, particularly in India where CoinGape is based, the need for accurate analysis and actionable information is expected to grow. As the broader industry continues to evolve, investors are becoming more selective in their decisions, and demand actionable insights. 

By partnering with Quantum Economics, CoinGape will be able to provide its readers with more sophisticated analysis of digital currency projects and markets. CoinGape believes that Mati Greenspan’s unbiased, high-quality research will help traders and investors make smarter decisions, while increasing both the size of its audience, and the engagement of existing members. 

About CoinGape

CoinGape is a media group dedicated to serving its readers with the latest updates from the cryptocurrency and blockchain world. One of the fastest growing news channels in the industry, CoinGape prides itself on the quality and originality of its reporting. The Indian media outlet provides analysis of the latest developments from the world of Bitcoin, Blockchain, and DeFi, coupled with regular market analysis.

For more information see https://coingape.com/

About Quantum Economics

Quantum Economics is a money management and advisory company founded by former eToro senior analyst Mati Greenspan. Its Analysis on Demand service supplies media organizations with custom market analysis for both the crypto and traditional financial markets. The service is also designed for brokers and exchanges looking to increase customer engagement. Mati Greenspan’s market commentary is frequently quoted by financial news sites like Bloomberg, CNBC, and the Wall Street Journal.

For more information see https://quantumeconomics.io/

Contact

Abhinav Agarwal, COO

Abhinav@coingape.com 

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Source: null tx

CryptoGames: Delve into the glorious world of Online Gambling!

The world of entertainment has been changed completely. Implementation of the latest technology into the industry has brought about this great change, particularly the gambling sector which is now unrecognizable. The invention of cryptocurrencies has paved the way for the birth of online casinos, which immediately became popular in the gambling community where gamblers fell in love with the extreme flexibility that came with the crypto gambling sites. These gambling sites required no users to be physically present at specific locations, removing the need of wasting useful time and energy in order to gamble. Furthermore financial transactions are more secure, seamless and convenient due to the use of cryptocurrencies. Thus, online casinos started a revolution that completely altered the gambling industry forever.


To accommodate the bulging number of gamblers, online casinos have sprung up all over the internet; sadly many of these gambling sites are not properly equipped to handle the high expectations of gamblers. As a result many gamblers are left with a horrible taste of what online gambling could be. In such cases it is up to elite online casinos to set a standard that the industry can follow. It is here that the elite gambling site renowned as CryptoGames excels immensely and draws a fine line between itself and other online sites. It started its journey as an ordinary slot machine that soon started to generate immense interest from gamblers all over the globe.

It drew enough love and devotion from its peers to become the largest crowd funded casino ever!  Today it has over 5 Billion registered bets and is one of the leading online casinos in the industry! 

What Gives CryptoGames the edge in this saturated industry?

CryptoGames is an elite gambling industry that has set an impressive set of attributes that help it establish its utter dominance in the gambling industry. Operated by an extremely capable group of professionals, the site is always at tip-top condition.

The administrators and the moderators communicate effectively with the users in the site and efficiently solve any issues or problems they face. The deposit and withdrawal options make all financial transactions extremely easy and convenient for the users. The security protocols adapted by the site are completely shatterproof and ensure absolute security against all types of attackers on the internet. The library of old school games that CryptoGames possesses are immensely popular amongst veteran and ardent gamblers and can be easily learned by any newcomers with the help of the numerous tutorials and guides that CryptoGames provides.

Furthermore, CryptoGames always celebrates a plethora of promotional events that are hosted all throughout the year presenting users with countless opportunities to claim lots of free coins, lottery tickets and many more lucrative rewards. The monthly wagering contests hosted by CryptoGames present users with a chance to showcase their gambling prowess and another opportunity to grab more remunerative rewards.

CryptoGames also hosts an enormous community of users filled with like minded individuals. With such impressive attributes CryptoGames sets a high standard in the gambling industry that few casinos can meet.

Learn about CryptoGames’ simple and easy to use interface

CryptoGames has an extremely user friendly platform that would impress any gambler browsing through the site. This platform is extremely easy to navigate even for novices but is laden with loads of handy features. A new account is instant created for new visitors on the site so that no one has to manually open a new account. The account can then be personalized accordingly by the user, for example setting up a nickname or a good looking theme.

If the user further wishes to continue playing after testing out the casino, the user can secure his account by just setting up an email and a password. The efficient responsive design and mobile support that the site has, allows users to enjoy site benefits from their comfortable mobile devices.

The games that CryptoGames provides are renowned for being provably fair. This means that CryptoGames is completely impartial and unbiased and that it will never cheat its users out of their rightful winnings. Winners are immediately handed their prizes as soon as they win them.

This is done by the application of hashes and seeds which users use to verify bets.  Randompicker, a third party website which makes use of anti cheating techniques, is used to create unbiased and arbitrary results of lottery winnings, ensuring completely random and impartial results.

Security Protocols are absolutely shatterproof and ensure complete safety of user funds

Malicious hackers and attackers are always surfing the internet in search of any weak signs of security that they can breach to grab valuable user funds. These atrocious attackers will resort to any means to get their hands on cryptocurrency, therefore it is of extreme importance that sufficient steps are taken to thwart their attempts.

The security protocols that CryptoGames has implemented ensure complete protection from these hackers who can never touch user funds protected by CryptoGames. The site uses SSL encryption along with two-factor authentication which ensures safety of user funds even if user account passwords are compromised. Email confirmation is always mandatory for withdrawal of funds, preventing removal of user funds by attackers even if they manage to get into user accounts.

Finally, even in dire cases where the casino itself is under direct attack, complete security of user funds are maintained as the funds are stored in cold wallets. All of these protocols completely put a stop to the horrendous efforts of attackers and establish absolute safety and security of user funds.

Relish the smooth and seamless financial transactions

CryptoGames has undertaken multiple measures to facilitate the smooth and seamless flow of cryptocurrency during financial transactions. Transactions done through 10 different forms of cryptocurrency are accepted by the giant gambling site, presenting users with a plethora of options to fund their account. Users can make transactions with any of the following currency – Bitcoin, Dogecoin, Ethereum, Litecoin, Dash, Gas, Monero, Stratis, Bitcoin Cash and Ethereum Classic.

The extremely useful built in exchange system allows users to switch between any of the supported cryptocurrency. CryptoGames also has integrated CoinSwitch on its platform enabling its users to convert most of the altcoins coins they own to the coins supported by the casino.

Breathe in the air of celebration and partake in numerous promotional events!

CryptoGames celebrates various events and promotions all throughout the year! These events provide users with numerous opportunities to claim lots of free coins, voucher codes, lottery tickets and other lucrative prizes!

Last year, CryptoGames hosted special Anniversary, Thanksgiving, Christmas and Halloween events for its user base and during the event those who couldn’t participate also got to enjoy some sweet treats via their registered email! Mondays are never boring in CryptoGames as every Monday there is a “No Bet Speed” Limit.

During this event a larger number of bets per second can be placed, thus users are provided with an invaluable opportunity to win more coins and remunerative prizes.

There are even more opportunities to claim free rewards! Incentives like faucet hand out free coins to users that they can use to test strategies. These are extremely handy as they give users opportunities to try out their new techniques without incurring losses. The gamblers with higher level of faucet can claim more of these coins than those with lower faucet levels. Users have to complete specific tasks to raise faucet levels.

Rain is another invaluable boon for users. Users are rewarded for their extreme helpfulness and friendliness via “rain” which is a special feature of chat box that gives active chatters free coins at random intervals. Spammers are not given anything, so only the rightful users are rewarded for their deeds.

Lastly, CryptoGames has games that holds lucky jackpots! Dice and Roulette currently have enormous jackpots that have heavily interested a lot of users at CryptoGames, who are extremely determined to win these prizes! The Dice jackpot of Bitcoin currently stands at a whopping 3.81 BTC, which will one day be awarded to an extremely lucky gambler! 

The aura of healthy competition will invigorate your gambling spirit!

Every month CryptoGames hosts extremely lucrative wagering contests! These monthly wagering contests are the ultimate test of luck and determination! This is where veteran gamblers put their experience against the firm determination of novice gamblers. The victors of these contests are hailed as champions of the month and are awarded with loads of remunerative prizes.

The winners are also crowned with exclusive VIP tags, granting them access to special site wide privileges that only they can enjoy! The tags will last till the start of the next tournament granting the victors ample time to reap their winnings.

Make the prudent decision of selecting CryptoGames today

In this tech savvy era, ensuring the perfect use of one’s time is extremely important. A gambler has to decide on the best online casino to ensure that his time, energy and cryptocurrency is put to perfect use. The elite gambling site, CryptoGames can easily satisfy the expectations of any ardent gambler in the world and provide even more.

Its fantastic user interface enables users to effectively browse through the site. The wonderful deposit and withdrawal options ensure seamless and smooth flow of cryptocurrency. Impenetrable security protocols protect user funds even in the direst cases. The competitive monthly wagering contests and the numerous promotional events will keep users engaged for years on end.

All of these enable CryptoGames to assert its complete dominance in the world of gambling and helps establish itself as one of the greatest online casinos in the internet. Join CryptoGames today and be a part of this magnificent gambling community. Through CryptoGames you can make your wildest and greatest gambling dreams come true.

Links of interest

CryptoGames : https://crypto.games/

Facebook: https://www.facebook.com/CryptoGames/

Blog: https://blog.crypto.games/

Twitter: https://twitter.com/Crypto_Games

BitcoinTalk ANN: https://bitcointalk.org/index.php?topic=750760

Discord: https://discord.gg/xassxQr

Image(s): Shutterstock.com

The post CryptoGames: Delve into the glorious world of Online Gambling! appeared first on NullTX.

Source: null tx

Bitcasino Turns up the Volume with Wacken World Wide Sponsorship

Bitcasino Press Release: Crypto pioneers have joined forces with Wacken World Wide to bring a free 3-day virtual metal concert to millions of music fans, starting on July 29th.

27 July 2020, Tallinn, EstoniaCrypto gaming pioneers Bitcasino will be rocking out as headline sponsors of Wacken World Wide, a new digital music festival featuring some of the world’s most popular metal bands.

With the annual Wacken Open Air festival cancelled this year, Bitcasino is stepping in to support the digital version which will give metalheads from across the globe the chance to watch performances from the likes of Blind Guardian, Beyond the Black and Hämatom.

And even better, the virtual event, which takes place from July 29 to August 1, will be completely free to attend via stream.

Tauri Tiitsaar, Director of Casino at Bitcasino.io. said

“We are all about fun, fast and fair entertainment here at Bitcasino, and that’s why we’re putting the pedal to the metal alongside Wacken World Wide. We’re really impressed by how the Wacken team is innovating during these tough times, and we think it is important to support them at a time when we could all do with a little bit of the thrill, intensity and passion that metal brings.”

Tom Küppers, Marketing Manager at Wacken World Wide has voiced his companys thanks to Bitcasino for supporting the first ever Wacken World Wide virtual festival. The company have worked hard to adapt and deliver the chance for millions of fans to rock out in their own homes, and Bitcasino’s support is helping us do exactly that.

Mr Küppers stated:

“It is fantastic to see innovative, creative and flexible entertainment coming together during this difficult time, and we can’t wait to welcome metal fans to Wacken World Wide later this month.”

With the entertainment business hit by the ongoing global pandemic, Bitcasino has moved quickly and decisively to support the arts. In May, it sponsored the virtual COVID-19 relief charity festival D3: Donate, Dance, Decentralize, which was organised by the Giving Block.

Wacken World Wide follows successful streaming from the metal music masters. There were more than six million streams of performances from the world’s most famous metal festival last year alone.

You can find out more about Bitcasino and Wacken World Wide here: https://bitcasino.io/promotions/wacken-world-wide 

Learn more about Bitcasinohttps://bitcasino.io/

Follow Bitcasino on Twitter for the latest updateshttps://twitter.com/bitcasinoio

Learn more about Coingaminghttp://coingaming.io/

Media Contact Details

Contact name: Lucy Thomas

Email: press@coingaming.io

About Bitcasino

Founded in 2014, as part of the Coingaming Group, Bitcasino has an expansive, quality casino product featuring more than 2,700 games, including slots, table games and live dealer casinos from some of the industry’s leading suppliers. These are hosted on its proprietary platform, developed by leading designers and software engineers to create the ultimate user experience for players.

Bitcasino prides itself on its enjoyable and trustworthy casino and gaming service, with withdrawal times of around 1.5 minutes amongst the fastest in the industry and cutting-edge security measures in place.

Bitcasino is the source of this content. This Press Release is for informational purposes only. Virtual currency is not legal tender, is not backed by the government, and accounts and value balances are not subject to consumer protections. Cryptocurrencies and tokens are extremely volatile. There is no guarantee of a stable value, or of any value at all.

The post Bitcasino Turns up the Volume with Wacken World Wide Sponsorship appeared first on NullTX.

Source: null tx

Margin Trading And Lending On The Crypto Market

In recent years, many of you who are interested in crypto, probably have noticed the continuous growth of the number of new exchange products that help earn from lending and margin trade.

In case, there are unknown terms, a short note:

Margin trading is trade with the help of borrowed funds. Turning to the details,  when a trader takes out a loan on collateral and sell borrowed funds. After that, if the rate of sold coins is dropped, a trader buys borrowed funds with a lower rate and pay back the loan. The difference between the initial selling price and buying price is a profit or loss. Margin trading became highly popular among ordinal markets. Perhaps, many of you not only have heard but also have already tried to trade through Forex currency market brokers. However, it is a relatively new type of trade for the crypto market. 

Lending occurs when someone allows another person to borrow something, or, in our case, cryptocurrency. Therefore, repayment will include the payment of interest.

Leverage is the ratio of the trader’s funds (which are the guarantee for the loan) to the loan size. For instance, 2x leverage means that having $100, it is possible to borrow $200, while 10x leverage provides an opportunity to borrow up to $1000 with the initial balance of $100.

You’d think, the higher the leverage, the “better” for the traders, because more funds could be used to trade. You are likely to believe in such a golden opportunity that is created for the traders, but let’s go deeper into details.

If you have $100 and you have borrowed $200 (leverage is 2x), after that, you have bought 1 ETH expecting that an exchange rate of Ethereum will grow and you could sell 1 ETH for $250, pay back the loan of $200 and profit from the deal $50. But something went wrong and the ETH rate, instead of growing, began to fall. At the same time, you have $100 on the balance (as security for the loan) and also 1 ETH, the price of which falls. You also have a debt of $200 (for which you have already bought 1 ETH). In this case, the forced repayment of your loan and the liquidation of the trading position will happen at the price of Ethereum of $110, that is, you have about 45% in case of rate swings.

And now, you suppose, having $ 100, take about $ 1000 (leverage 10x) and buy 5 ETH, in this case, a drop in the price of Ethereum from $ 200 to about $ 185 will lead to the liquidation of your position and the use of collateral to cover the loan, you’ll practically “zeroing” your balance.

Now, you can easily imagine what kind of rate fluctuations with leverage of 20x-100x is certain to zero out your account. For example, with 20x it will be about 4% aren’t in your favor, and at 100x less than 1% of changes in the rate will already put a crimp on your balance.

Daily exchange rate fluctuations and short-term reversal in a currently downward trending price that can easily make up 10-15% even for the most liquid currencies like BTC and ETH should not be neglected. So, if everyone knows about the volatility of the cryptocurrency market, why are exchanges still offering to “trade” with leverage of 10-100x? 

Unfortunately, it is clear that the cryptocurrency market turns into one huge gambling house, and the larger players benefit from the “herd mentality”  of lemmings, promising them exorbitant profits, playing on excitement, or ignorance. If a few years ago, crypto exchanges offered only spot trading, now many of the “top exchanges” are ready to give leverage up to 10-150x.

The thing is, based on the simplest mathematical model, currently, if a trader deal with leverage of 10x-150x in the crypto market, the probability of losing all funds is tending to 100%. And this means that exchanges no longer even need to place the positions of such traders on the real market, but just right away they can put all of the traders’ deposits in their pockets. That is why the number of offers to trade with high leverage has rocked over the past year. And now, even the most top exchanges are doing traders a disservice. Considering the rapid penetration of cryptocurrencies into all sectors of society almost everywhere around the world, the behavior of these “businessmen” can be described by a well-known idiom: “A fool and his money are soon parted”. Let’s leave the moral aspect of these actions beyond the scope of this article; this is just a statement of fact.

Now let’s talk about the lending of funds, this is the other side of margin trading. In ordinary markets, liquidity for margin trading is provided by brokers, and their liquidity is provided by banks and other financial institutions. In the crypto market, mainly liquidity for margin trading is provided by the exchanges, from reserves or funds that they borrowed from other users at a certain annual % (lending). For example, now, the well-known exchange N1 is ready to provide borrowed funds to traders for margin trading in BTC at 11% per annum. But it is interesting to note that interest rate which is offered to users who have lent their funds – approximately 3% per annum. Accordingly, the difference between these rates is the profit of the exchange.

And all of the above would not be such a big deal if top exchanges played honestly. But the fact is that by lending funds you give them to a “term deposit”. Meanwhile, these funds are most likely to be used by exchanges to manipulate the market and play against traders. At the same time, unlike whales, exchanges always know exactly all the margin orders of users, and they can accurately calculate how much, when, and in which direction the rate should be changed to benefit the most. Probably, many of you have read about claims against one of the most popular crypto derivatives exchanges.

What do we offer, the 50x.com exchange team?

We propose to start changing the rules of the game in this market. And more recently we launched a transparent system of spot margin trading and lending on our platform. Now, any holder can lend their funds, and at the same time, any trader can take out a loan at the most favorable interest rates. Thus, lenders will receive the real fees that traders pay, and traders will be able to take out loans on better terms, in contrast with other exchanges.

We offer leverage for loans up to 3x, which allows you to minimize risk for margin trading. Moreover, the uniqueness of our quantum trading core, based on Any2Any technology, allows to use all of your so-called trust coins on the account (now, it is BTC, LTC, ETH, USDT, TUSD, USDC) as collateral, lend/borrow funds, and also trade any of coin present on the exchange to any other.

If you wish to learn more about 50x.com, visit their website.

The post Margin Trading And Lending On The Crypto Market appeared first on NullTX.

Source: null tx

Bitcasino Turns up the Volume with Wacken World Wide Sponsorship

Bitcasino Press Release: Crypto pioneers have joined forces with Wacken World Wide to bring a free 3-day virtual metal concert to millions of music fans, starting on July 29th.

27 July 2020, Tallinn, EstoniaCrypto gaming pioneers Bitcasino will be rocking out as headline sponsors of Wacken World Wide, a new digital music festival featuring some of the world’s most popular metal bands.

With the annual Wacken Open Air festival cancelled this year, Bitcasino is stepping in to support the digital version which will give metalheads from across the globe the chance to watch performances from the likes of Blind Guardian, Beyond the Black and Hämatom.

And even better, the virtual event, which takes place from July 29 to August 1, will be completely free to attend via stream.

Tauri Tiitsaar, Director of Casino at Bitcasino.io. said

“We are all about fun, fast and fair entertainment here at Bitcasino, and that’s why we’re putting the pedal to the metal alongside Wacken World Wide. We’re really impressed by how the Wacken team is innovating during these tough times, and we think it is important to support them at a time when we could all do with a little bit of the thrill, intensity and passion that metal brings.”

Tom Küppers, Marketing Manager at Wacken World Wide has voiced his companys thanks to Bitcasino for supporting the first ever Wacken World Wide virtual festival. The company have worked hard to adapt and deliver the chance for millions of fans to rock out in their own homes, and Bitcasino’s support is helping us do exactly that.

Mr Küppers stated:

“It is fantastic to see innovative, creative and flexible entertainment coming together during this difficult time, and we can’t wait to welcome metal fans to Wacken World Wide later this month.”

With the entertainment business hit by the ongoing global pandemic, Bitcasino has moved quickly and decisively to support the arts. In May, it sponsored the virtual COVID-19 relief charity festival D3: Donate, Dance, Decentralize, which was organised by the Giving Block.

Wacken World Wide follows successful streaming from the metal music masters. There were more than six million streams of performances from the world’s most famous metal festival last year alone.

You can find out more about Bitcasino and Wacken World Wide here: https://bitcasino.io/promotions/wacken-world-wide 

Learn more about Bitcasinohttps://bitcasino.io/

Follow Bitcasino on Twitter for the latest updateshttps://twitter.com/bitcasinoio

Learn more about Coingaminghttp://coingaming.io/

 

Media Contact Details

Contact name: Lucy Thomas

Email: press@coingaming.io

 

About Bitcasino

Founded in 2014, as part of the Coingaming Group, Bitcasino has an expansive, quality casino product featuring more than 2,700 games, including slots, table games and live dealer casinos from some of the industry’s leading suppliers. These are hosted on its proprietary platform, developed by leading designers and software engineers to create the ultimate user experience for players.

Bitcasino prides itself on its enjoyable and trustworthy casino and gaming service, with withdrawal times of around 1.5 minutes amongst the fastest in the industry and cutting-edge security measures in place.

Bitcasino is the source of this content. This Press Release is for informational purposes only. Virtual currency is not legal tender, is not backed by the government, and accounts and value balances are not subject to consumer protections. Cryptocurrencies and tokens are extremely volatile. There is no guarantee of a stable value, or of any value at all.

The post Bitcasino Turns up the Volume with Wacken World Wide Sponsorship appeared first on Bitcoin PR Buzz.

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Multiplier Incentivises Yield Farmers with MXX Tokens

Bitcoin Press Release: Multiplier platform will officially launch the minting of MXX tokens on its platform on the 29th of July, 2020. 

27th July, 2020, Switzerland – MXX tokens are designed to balance liquidity for depositors and lenders through algorithmic derived interest rates and yield. These are based on the collateralisation and loans conducted on the Multiplier cryptocurrency platform. The minting of MXX tokens will start from 0 tokens, with a total supply of 9 billion, which can be accumulated through minting only.

Essentially, liquidity mining is when a yield farmer mints new tokens in exchange for their liquidity on the platform. This creates a positive loop; whereby users are incentivised with minted tokens to conduct transactions on the platform, which in turn increases the value of the same token, and attracts more users to join. 

MXX Token and Community Governance

A maximum of 18 million MXX tokens are issued daily, shared among users in proportion of their contribution to the platform through lending, borrowing and making referrals. The currently accepted currencies on the Multiplier platform are BTC, USDT and USDC. MXX tokens are also currently listed on the trading platform Bilaxy.io

MXX tokens will gradually allow the protocol to transit towards being entirely governed by the community. The number of votes is proportional to their amount of MXX tokens and can be used to make decisions on the protocol. The move towards a decentralised governance process will protect investor interests, reduce systemic risk and increase long term utility of the Multiplier protocol.

The simple-to-use Multiplier platform aims to attract holders looking to optimise their idle cryptocurrency assets, as well as attract experienced yield farmers looking for more ways to maximise their harvests.

About Multiplier

Multiplier crypto lender began in 2019 with regulated financial licenses obtained (SRO Switzerland VQF 10075 and Hong Kong Money Lenders License 1702/2019), and formed strong collaborations with reputable industry leaders such as Coinbase Custody and JUMIO KYC/AML. 

Multiplier believes in operating within the legal framework of jurisdictions, and having the relevant licenses to adhere to regulations. 

The company continues to establish strong relationships, between regulatory authorities, communities and leading institutions around the globe, merging the scale and familiarity of traditional finance, into a secured, advanced and simplified global financial blockchain system.

Multiplier has been developing DeFi protocols with user feedback from its centralised crypto lending entity since 2019, and launches MXX governance tokens which give the community voting rights that will gradually allow the protocol to be entirely governed by the community and stakeholders. 

 

Media Contact Info

Contact Name: Dudley

Contact Email: marketing@multiplier.finance

 

Learn more about Multiplier today!https://multiplier.finance

Join the community discord server at https://discord.gg/2fatBM7

Follow Multiplier on Facebookhttps://www.facebook.com/themultiplierio

Join the official Multiplier Telegram channelhttps://t.me/themultiplierio

Follow on Twitterhttps://mobile.twitter.com/MultiplierMXX

 

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Multiplier is the sole source of this information. Virtual currency is not legal tender, is not backed by the government, and accounts and value balances are not subject to consumer protections. This press release is for informational purposes only. The information does not constitute investment advice or an offer to invest.

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Deduct Crypto Trading Losses From Taxes with Cointracking

For anyone who bought Bitcoin and other cryptocurrencies when their prices were high, there’s a silver lining around the gray state of crypto markets now. Any losses taken could place traders in a lower tax bracket. What’s more, claiming those losses is made easy with Cointracking. 

Crypto Taxes 101: How Does it Work?

For the purposes of taxation, the US and most other governments consider cryptocurrencies to be assets. This means that whenever cryptocurrency is traded, the transaction falls into one of two categories: a capital gain or a capital loss. 

  • Capital gain. A capital gain occurs when cryptocurrency is sold for more than the amount that you paid to purchase it.
  • Capital loss. If cryptocurrency is sold for less than the amount that it was paid for it, this is considered to be a capital loss.

Traders have to sell or buy an asset to trigger a taxable gain or loss. Once the move has been decided, tax authorities consider the loss to be “realized.” If the loss is great enough, the trader may be able to use it to enter a lower tax bracket.

Deducting Crypto Losses 

One of the biggest benefits of claiming a loss is that it can offset income gained from other sources. In the US, the IRS lets the public deduct up to $3,000 worth of net capital losses each year from the amount of money they earn through their job. If the amount lost was greater than $3,000, another deduction of up to $3,000 can be applied to an annual tax return. 

Individuals who earn over $50,000 at their job could find that a $3,000 cryptocurrency loss could place them in a lower tax bracket, and result in thousands of dollars of tax savings. Additionally, any income through stocks or the sale of property, is not subject to a deduction limit. 

Making Life Easier 

Calculating losses when it comes to cryptocurrency can be a headache at the best of times, due to the volatile nature of these assets ‘value’. Fortunately, there is software available that can crunch all the tax data required to make this process much easier. 

The CoinTracking.info tool can import all transactions from any cryptocurrency wallet or exchanges. The intuitive interface walks the user through how to do the imports. At the end of the import process, users can download IRS form 8949, which will do all that is needed by the user to report any losses. Other download options include CSV, TaxACT and TurboTax

The great news here is that anyone who has lost money in the crypto market is now eligible to offset some, (or perhaps even all) of those losses at the end of the tax year. Reporting capital losses might help users move to a lower tax bracket. If deductions qualify our users for a lower bracket, filing them could save thousands of dollars when it comes to the form submission phase. 

Visit CoinTracking.info for more information.

Cointracking is the source of this content. This Press Release is for informational purposes only. Virtual currency is not legal tender, is not backed by the government, and accounts and value balances are not subject to consumer protections. Cryptocurrencies and tokens are extremely volatile. There is no guarantee of a stable value, or of any value at all.

About Bitcoin PR Buzz: Bitcoin PR Buzz has been proudly serving the crypto press release distribution needs of blockchain start-ups for over 8 years. Get your Bitcoin Press Release Distribution today.

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VF Invest – 1st To Market Crypto Investing App For Easy Diversification In Sectors like DeFi, Gaming, & More

Crypto media outlet Visionary Financial plans to launch a first to market non-custodial, and decentralized  investment platform that will finally let investors diversify in one place. The protocol, “VF Invest” plans to revolutionize user experience, giving users the ability to diversify in individual cryptocurrencies and sector portfolios in seconds, while having complete control over their assets. 

Chicago, IL, USA: Visionary Financial, a crypto media company that caters to 20,000+ daily and works with some of the largest companies in the industry, plans to introduce an investment arm called “VF Invest.” VF Invest will be a one-stop investment application that finally makes it easy to diversify in crypto markets. Unlike traditional platforms, users will have the ability to diversify in sector portfolios that focus on areas such as DeFi, gaming, infrastructure, payments, and others. In addition, users will be able to on-board 100+ individual digital assets. With many inefficiencies existing on current investment platforms, VF plans to make crypto investing seamless whether you are a beginner or experienced investor.

Non-Custodial And Decentralized 

VF Invest plans to operate in a non-custodial and decentralized manner, meaning the user maintains full control. In today’s environment, it is popular to keep crypto investments on an exchange. The problem there is that investors run the risk of losing their assets from hacks and other illicit activities. In addition, keeping assets on an exchange means the user is giving a central party full control. Non-custodial and decentralized framework ensures added safety by keeping assets off exchanges, and maintaining full control over public and private keys.

Founder of Visionary Financial, Jeff Guzzi stated that “Coming from traditional finance, we have always planned to launch an investment arm, but we were focusing on building a brand through our media division first. Users are still looking for a seamless way to fully diversify in crypto. Investors, especially newcomers, still lack direction. I have friends on a weekly basis, some of which (CFA/CPA’s) who don’t even know where to start. Unfortunately in a developer-heavy environment, UX has been a core issue. User experience behind VF Invest is going to fix the core inefficiencies, while offering a completely differentiated experience. For the first time ever, users can stop worrying about accounts on multiple exchanges, and diversify in seconds, while maintaining full control over their assets.” 

Sector Portfolios 

Aside from individual cryptocurrencies, users can become fully diversified by engaging in sector portfolios that track popular sectors and trends. Whether someone is interested in DeFi, payments, supply chain, gaming, or many others, sector portfolios offer a diversified mix in seconds. Investors are always searching for the next project that will create a market impact. Instead of browsing through 3,000+ individual cryptocurrencies, investors can choose sectors that are being powered by various digital assets.

Blockchain Based Languages & Routing 

By leveraging various blockchain based languages, algorithms, and built in exchange aggregators, VF Invest will make diversifying in crypto cheap, seamless, and extremely strategic.

Fixing Industry Inefficiencies

The average crypto investor has 3-5 accounts on various exchanges which is inefficient and exposes them to additional risk. In addition, many “one-stop” investment protocols today still require users to have accounts on various exchanges. This is like telling someone they need 5 different brokerage accounts to invest in stocks… By taking a non-custodial approach, users can have access to digital assets from various exchanges, while monitoring a diversified mix under one roof.

Co-founder of Visionary Financial, Anthony Solano stated that:

“This year we have already seen various altcoins and sectors soaring as use cases and developments ramp up. With a market that is valued at $270B, the percentage of the world that invests is still extremely low. Outside of investing in the core digital assets, the market still lacks a platform that allows for investing in popular sectors. Instead, investors continue to “diversify” by navigating various exchanges which is extremely inefficient and ultimately slows down mass adoption.” 


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Visionary Financial

info@visionary-finace.com 

Notice: Information contained herein is not and should not be construed as an offer, solicitation, or recommendation to buy or sell securities. The information has been obtained from sources we believe to be reliable; however no guarantee is made or implied with respect to its accuracy, timeliness, or completeness. Authors may own the crypto currency they discuss. The information and content are subject to change without notice. Visionary Financial and its affiliates do not provide investment, tax, legal or accounting advice. This material has been prepared for informational purposes only and is the opinion of the author, and is not intended to provide, and should not be relied on for, investment, tax, legal, accounting advice. You should consult your own investment, tax, legal and accounting advisors before engaging in any transaction. All content published by Visionary Financial is not an endorsement whatsoever. Visionary Financial was not compensated to submit this article Please also visit our Privacy policy; disclaimer; and terms and conditions page for further information. VF Invest is wholly owned and operated by Visionary Financial. This article was sourced from Visionary Financial 

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