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BPSAA | Blockchain Privacy, Security & Adoption Alliance

BPSAA (Blockchain Privacy, Security Adoption Alliance)

The post BPSAA | Blockchain Privacy, Security & Adoption Alliance appeared first on Crypto Core Media.

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BPSAA (Blockchain Privacy, Security Adoption Alliance) goes live assembling crypto gurus from multiple projects for the good of cryptomanity. BPSAA aims to bring collaboration through BPSAA verified projects in order to enhance Privacy, Security, Adoption for users in the crypto realm.

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Projects in the Alliance:
Pirate Chain (Most Anonymous Crypto) https://bpsaa.vision/pirate-chain
Turtle Network (Interoperable DEX w/fiat) https://bpsaa.vision/turtlenetwork
Ether-1 (Decentralized Storage) https://bpsaa.vision/ether1
Sentinal (Decentralized VPN) https://bpsaa.vision/sentinel

Coinsmart. Beste Bitcoin-Börse in Europa
Source: https://cryptocoremedia.com/bpsaa-blockchain-privacy-security-adoption-alliance/?utm_source=rss&utm_medium=rss&utm_campaign=bpsaa-blockchain-privacy-security-adoption-alliance>

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VirgoCX to Hold a Crypto Holiday Fundraiser in Support of SickKids Foundation

VirgoCX, a Toronto-based fiat-to-crypto cryptocurrency trading platform, is supporting SickKids Foundation by exchanging cryptocurrency into cash donations. To further enhance this corporate initiative and fulfill its mission, VirgoCX is hosting an online crypto fundraiser to support SickKids Foundation. The fundraiser includes a virtual benefit concert on December 17, 2020, from 7 pm to 10 pm … Continued

The post VirgoCX to Hold a Crypto Holiday Fundraiser in Support of SickKids Foundation appeared first on CryptoCanucks.

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VirgoCX, a Toronto-based fiat-to-crypto cryptocurrency trading platform, is supporting SickKids Foundation by exchanging cryptocurrency into cash donations. To further enhance this corporate initiative and fulfill its mission, VirgoCX is hosting an online crypto fundraiser to support SickKids Foundation. The fundraiser includes a virtual benefit concert on December 17, 2020, from 7 pm to 10 pm EST, followed by a 7-day online charitable auction.

“2020 is full of sadness and stress. Many important and worthwhile things are yet to be done. As we are approaching the year-end, VirgoCX would like to take a moment to give back to the community, especially to those kids who represent the future of our nation. We hope this online charity event organized in support of SickKids Foundation can enlighten and empower the audience.” Said Adam Cai, CEO of VirgoCX, stressing the importance of supporting the community during hardship.

The rise of cryptocurrency brings an important fundraising opportunity and promise for non-profits. This made it essential for VirgoCX to connect with leading charities, like SickKids, to help reach prospective donors they may not be able to otherwise. VirgoCX is excited to offer a new way of making donations in support of child health.

“SickKids relies on community support and we are grateful for VirgoCX for their commitment to improving child health,” says Adam Starkman, Vice President, Corporate Partnerships, SickKids Foundation. ” We are a leading pediatric hospital treating patients from all over Ontario, across Canada and around the world. The support from VirgoCX in assisting us to reach donors of cryptocurrency will help ensure high-quality care for generations to come.”

The online fundraiser will commence from December 17 to 23, start with a virtual concert on December 17 from 7 pm to 10 pm EST via Zoom and Youtube Live. The concert brings together eight Canadian rising stars, including Martina Ortiz Luis, official anthem singer for the Toronto Maple Leafs; Jojo Worthington, award-winning producer/ multi-instrumentalist; critically acclaimed Canadian band Black Creek Reign; North American Country Music Association’s Songwriter of the Year Augusta Ray; Nomadic indie-folk musician Tennyson King; aspiring Torontonian artist Chiara Stella; Toronto based folk-roots singer-songwriter Alex Mason and singer/producer OSA, offering a broad spectrum of music to unite our community.

Besides performances from local musicians, the events offer a range of keynote speeches, an educational presentation from SickKids Foundation and networking sessions. Participating institutions include peers from the crypto community, professionals from various industries, SickKids Foundation, MP Han Dong, etc.

VirgoCX is committed to giving back to our communities. We invite all Canadians to join this special event with us. Sign up Here!


VirgoCX

About VirgoCX:

VirgoCX is the most trusted cryptocurrency trading platform in Canada, making cryptocurrencies available to Canadians everywhere. As VirgoCX is changing the way the world stores wealth, it operates diligently to provide quality services that adhere to global compliance requirements. VirgoCX is accelerating the adoption for Bitcoin, Ethereum, Litecoin, and other cryptocurrencies

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Disclaimer: CryptoCanucks.com is not intended to provide tax, legal or investment advice, and nothing on CryptoCanucks.com should be construed as an offer to sell, a solicitation of an offer to buy, or a recommendation for any asset by CryptoCanucks.com or any third party. You alone are solely responsible for determining whether any investment, asset or strategy, or any other product or service, is appropriate or suitable for you based on your investment objectives and personal and financial situation. You should consult an attorney or tax professional regarding your specific legal or tax situation.

Coinsmart. Beste Bitcoin-Börse in Europa
Source: https://cryptocanucks.com/virgocx-to-hold-a-crypto-holiday-fundraiser-in-support-of-sickkids-foundation/

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Yearn Finance surges 45% as it joins dog pack with WOOFY

Yearn Finance is up nearly 45% in 24 hours, and it appears to be thanks to the team’s new dog token offering a bi-directional peg to YFI.

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Despite Dogecoin retracing from its all-time highs above $0.70, dog tokens continue to attract astonishing levels of popularity, with DeFi “blue-chip” Yearn Finance emerging as arguably the most prominent team seeking to cash in on the canine meme coin craze with the launch of its WOOFY token.

But the YFI fans jumping in early may not have fully understood the coin’s utility which saw the price sail into the stratosphere.

Whisperings of the new project began to circulate on Twitter over the past 24 hours, with users associated with Yearn hinting at a new token called WUFFY. Rumors of an airdrop for users who posted a picture of themselves being licked a dog and tag Yearn developer “Banteg” saw a flood of face-lick photos uploaded to Twitter.

As is quickly becoming the norm for new releases from the Yearn team, fans in the community raced to purchase the new token before fully understanding its utility. 

Despite WOOFY’s sole function being to offer a means to redenominate YFI holdings — with the Woofy Finance interface offering bi-directional YFI to WOOFY conversions at a ratio of 1:1 million, over-exuberant buyers pushed the price of WOOFY so high as to imply YFI’s to be $1.5 million per token.

As of this writing, YFI is trading for roughly $88,200 after gaining 43% in 24 hours.

Community sentiment appears divided regarding WOOFY, with Twitter user “BrotherMuozone” concluding that looking like “an unsavory attempt to milk vale out of the new suckers in the market,” adding the experiment actually comprises “a brilliantly timed and themed ‘unit bias a/b test’” offering insights into whether traders prefer tokens with a larger circulating supply and lower fiat price versus a low supply and high token price.

Although whether traders choose to hodl WOOFY or YFI is arbitrary, with traders’ preference for one token over the other having no impact on Yearn’s overall market cap, the introduction of WOOFY may reduce the volatility of YFI’s price by creating arbitrage opportunities between the two tokens.

As of this writing, WOOFY last changed hands for $0.09, implying a roughly 3% premium over YFI.

According to Dextools, nine of the top 10 most-viewed pairings on Uniswap V2 are dog tokens.

Coinsmart. Beste Bitcoin-Börse in Europa
Source: https://cointelegraph.com/news/yearn-finance-surges-45-as-it-joins-dog-pack-with-woofy

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Meme Coins Craze Attracting Money Behind Fall of Bitcoin

From the eyes of crypto-analysts, the ongoing craze for meme coins is the main reason behind the price struggle for Bitcoin.

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From the eyes of crypto-analysts, the ongoing craze for meme coins is the main reason behind the price struggle for Bitcoin. And, meme coins like Dogecoin and its clones are constantly sucking funds out of Bitcoin.

The Money Will Soon Reenter The Market: CEO CryptoQuant

The ongoing massive flows in the fresh funds are statistically massive. However, CryptoQuant’s CEO Ki-Young Ju believes that trends are changing at much higher rates, and tokens with true intrinsic value like BTC will recommence their position in the market. The statement reads,

“Smart money will reenter the market soon and reverse the trend.”

All of this started with Elon Musk who has always favored the meme cryptocurrency DOGE. Supported by names like Mark Cuban and Snoop Dogg that has also attracted the masses of investors in the space, it became arguably the most widely discussed topic in and outside the crypto-sphere.

However, there are crypto-whales in the market who know how to take advantage of the ongoing mania. Coins that seemingly have no value or product, are gaining people’s attention due to advertising services. In this attention-grabbing game, one can observe massive fluctuations and promises for multi-digital return.

The most recent example is a token called Shiba Inu (SHIB) whose exchange value is up tenfold in the past few days alone. This additionally enhances the snowball effect. According to analysts, the massive increase in value is also the result of most searched and viewed digital assets. Apart from the mind-blowing returns, the following data from CoinMarketCap confirms the same.

Smart Money to Go in Bitcoin Soon

CryptoQuant’s CEO argued that,

“The asset’s fundamentals are still “strong,” and on-chain data support this narrative. The market will become smart money soon, and the funds will go to major coins that have intrinsic value. The ongoing craze for meme coin is the primary reason why bitcoin’s price has been struggling.

At the same time, many altcoins see frequent new records, including the aforementioned massive surges by the meme coins. Nevertheless, CryptoQuant’s CEO. believes that this trend is about to change soon.

 As per reports, institutional investors uninterruptedly collecting cryptocurrencies, miners are refusing to sell, and smaller hoDLers are withdrawing their coins from exchanges at the same time. 

READ  Why Litecoin’s Ambitious Surge to Dethrone XRP Was Short-Lived

#‘Dogecoin Killer’ Shiba Inu #Bitcoin #CEO CryptoQuant #CryptoQuant’s CEO Ki Young Ju #SHIB #Shiba-Inu

Coinsmart. Beste Bitcoin-Börse in Europa
Source: https://www.cryptoknowmics.com/news/meme-coins-craze-attracting-money-behind-fall-of-bitcoin

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Let The Bidding Begin: The First NFT Patent?

We’ve seen a wide variety of NFT releases this year. From trading cards, to immersive 3D graphic designs. From realistic still images, to real-life engagement opportunities with star meet & greets. One thing we seemingly haven’t seen yet, until now, is patents. However, aptly noted today on Twitter by sports, entertainment, and IP lawyer and […]

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We’ve seen a wide variety of NFT releases this year. From trading cards, to immersive 3D graphic designs. From realistic still images, to real-life engagement opportunities with star meet & greets. One thing we seemingly haven’t seen yet, until now, is patents. However, aptly noted today on Twitter by sports, entertainment, and IP lawyer and University of Florida professor Darren Heitner, is what seems to be the very first patent auctioned off as an NFT.

What It Is, And What It Means

The auction was originally listed in recent weeks by True Return Systems LLC and D. Tiller Law PLLC. The patent (US Patent #10,025,797) is centered around providing an “elegant solution for maintaining blockchain’s foundational benefits while expanding applications, easing combination of ‘on chain’ and ‘off chain’ data storage”. Additionally, the patent cites potential application across a variety of industries, including health care, financial services, data sciences, and more.

The patent is currently listed for 2,250 ETH (approx $9M USD at time of writing) on OpenSea, with no bidders at the time of writing.

Related Reading | NFTs In A Nutshell: A Weekly Review

Join The Club

The road doesn’t seem to stop here, either. It was around the same time that reports were released that IBM would be working with IP specialists IPwe to represent patents as NFTs as well. As the report notes, “IBM’s blockchain group already works with corporate clients on tech efforts like tracking food supply chains using the blockchain”. Additionally, IBM said in a joint statement that the tokenization of IP “will help position patents to be more easily sold, traded, commercialized or otherwise monetized”. IPwe founder Erich Spangenberg cited that only a small percentage of the patent market is valued. IPwe has been working on a ‘Global Patent Marketplace’ powered by blockchain technology. The team with IBM Services has broadly described this as the “digitization of everything”.

ETH has been a strong performer, helped in part by the emergence of NFTs. | Source: ETH-USD on TradingView.com

The Patent’s Producers & Rights

This NFT is especially unique for a couple different reasons. Firstly, it’s seemingly the first publicly-available patent utilizing blockchain technology, and for a patent within blockchain technology rights as well. Additionally, the NFT has transferrable rights rarely seen at a comparable level. The NFT purchaser receives an executed agreement, and carries the right to sue for infringement should it occur. As the discussion around the most valuable use cases for NFTs continue to evolve, patents could find their way towards the top of the list.

True Return Systems, who have hosted the NFT, is a Connecticut-based financial technology consulting company. Their partner on the project, D. Tiller Law, is a legal firm focused on IP and technology.

Inventor Jack Fonss of True Return Systems noted in the press release that “the most impactful patents are themselves functional works of art”. If this sentiment continues to be shared with rights-holders and inventors, we could see many more patent NFTs to come.

Art and creative engagement, meet utility and innovation.

Related Reading | Dvision Network To Launch Limited Edition NFT Characters At OpenSea Auction 

Featured image from Pixabay, Charts from TradingView.com

Coinsmart. Beste Bitcoin-Börse in Europa
Source: https://bitcoinist.com/let-the-bidding-begin-the-first-nft-patent/?utm_source=rss&utm_medium=rss&utm_campaign=let-the-bidding-begin-the-first-nft-patent

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