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Tag: $800 million

Nevada Jury Orders Casino Bar to Pay $8M for Serving Dangerous Cleaner to Customer

A Nevada man was awarded $8 million by a jury this month after he was served chemical cleaner at Nevada’s Barley’s Casino & Brewing Company, according to the plaintiff’s law firm. The victim was expecting a beer, but leftover cleaning solution was in the tap lines. A Clark County District Court jury took two hours […]

The post Nevada Jury Orders Casino Bar to Pay $8M for Serving Dangerous Cleaner to Customer appeared first on Casino.org.

Ripple Commits 1 Billion $XRP to Create New Use Cases on the XRP Ledger

Ripple, a popular fintech firm and a major player in the $XRP market, has announced it’s committing 1 billion XRP, worth nearly $800 million, to “accelerate development and new use cases on the XRP Ledger.” The 1 billion XRP fund, according to a press release, is an extension to the firm’s XRPL Grants program that […]

BODASWAP: The First Decentralized Exchange Removing Slippage for Binance Chain Tokens

BRISBANE, AUS, Mar 15, 2022 - (ACN Newswire) - The Decentralized Finance space has boomed from success stories like DOGECOIN, SAFEMOON, SHIBA INU, BABY DOGE, KISHU INU and more who are bringing users to Decentralized Exchanges like PANCAKSWAP, MDEX, UNISWAP, SPOOKYSWAP, QUICKSWAP, and more, to trade their tokens. In just 24 hours PANCAKESWAP receives an average of $828,389,383 USD in Trading Volume. Followed closely by SPOOKYSWAP receiving an average of $510,961,838 USD in Trading Volume in 24 hours.


While everyone is scrambling to find the next big thing in DeFi, BODA Token has been working hard to build a unique and first-of-its-kind product for the DeFi sector. Boda Token is proud to announce its successful launch of BodaSwap! The First Decentralized Exchange to eliminate Slippage requirements when trading Binance Chain tokens. Unlike other DEX platforms like Pancakeswap, MDEX, UniSwap, SpookySwap, Quickswap, and many more, which require a minimum slippage input to trade tokens, BodaSwap is free from slippage. Slippage is often used to create a buffer when swapping two tokens on a Decentralized Exchange, and while not always charged as a fee, sometimes the slippage can cost the user a small number of tokens in the trade. By eliminating the slippage requirement, tokens traded on the BodaSwap DEX give the user more value for their swap. A DeFi trader who utilized Pancakeswap and BodaSwap, where two identical trades were made, was able to demonstrate that the gas fee on Pancakeswap cost the user $2.28 and the gas fee on BodaSwap only cost $1.69. Saving the user 59 cents in gas fees by using BodaSwap.

BodaSwap is a utility product that will provide added value to the native BODAV2 token, which is part of the Boda Company. Revenue generated from trades on BodaSwap will be utilized for buyback and burns of BODAV2 tokens. This process will help to increase the value of BODAV2 tokens and provide more BUSD Rewards to existing holders of BODAV2 Tokens.

Based on the average daily volume received on Pancakeswap at over $800 Million USD, the 0.2% fee per trade on BodaSwap could potentially generate $1.6 Million USD per day for BODAV2 Tokens. With 6% of that $1.6 Million USD, $96,000 USD, converted to BUSD rewards for token holders.

BODAV2 Token is the highest paying reward token on Binance Smart Chain, automatically rewarding its holders in the form of Binance Pegged BUSD. Since BUSD is a stablecoin pegged to the US Dollar it will never shift in price, making it a great choice for passive income. As a DeFi token that automatically rewards investors with a stable passive income for holding, BODAV2 helps to reduce the risks involved with cryptocurrency market volatility. Holders can keep earning during a crypto bear market as token price does not affect the BUSD rewards. Over time, holders can earn enough BUSD rewards to cover their initial investment, turning their investment into a cost-free asset.

No other smart contract is like BODAV2 as it has been built from scratch. An anti-whale and anti-dumping mechanism help to protect investors from heavy losses. BODAV2 has been audited by Certik, the leading Smart Contract Auditing Company in the world, which provides much greater security and peace of mind for BODAV2 holders.

BodaSwap is a real contender in the Decentralized Exchange sector as the first DEX to facilitate trades without slippage and with lower gas fees. Many users will find themselves turning to BodaSwap over other DEXs like Pancakeswap with the ease of trading tokens and paying less in fees.

In addition, BodaSwap is providing a Fiat On-ramp for customers to purchase cryptocurrency with Visa or Mastercard. This Fiat-to-Crypto feature is ideal for customers in locations such as America where purchasing crypto tokens such as BNB can be difficult.

With companies like Binance pushing crypto further into the mainstream audience, people finally realize the true potential of Crypto Currencies. It is this sentiment that will continue to bring BodaSwap & BODAV2 and its community to new and even greater heights.

Media Contact:
Company: BODA Token
Website: https://bodatoken.app/
Discord: https://discord.gg/XMF4UctSnv
Twitter: https://twitter.com/BodaToken
Email: billy@bodatoken.org

SOURCE: BODA Token

Copyright 2022 ACN Newswire. All rights reserved. www.acnnewswire.comBoda Token is proud to announce its successful launch of BodaSwap! The First Decentralized Exchange to eliminate Slippage requirements when trading Binance Chain tokens.

Revolut Executive Quits Company to Establish New Crypto Startup

The Chief Revenue Officer at Revolut is reportedly leaving the company to launch his own Web3 startup.

The Latest SPAC News and Rumors: March 11, 2022

 


Below is a daily summary of links to the latest SPAC news and rumors gathered across the web. 

Latest SPAC News: Byju’s founder in $800M funding round with BlackRock, Wag!

...READ MORE

Marlena Haddad

Study on money laundering in Bitcoin casinos provides surprising insights

After the initial public reservations were overcome, an increasing number of investors began to use cryptocurrencies for their transactions. Superficially, the features of this...

Best Buy to Acquire Remote Patient Monitoring Company Current Health

 

Best Buy Co., Inc. announced that it has agreed to acquire Current Health. The deal between the companies is expected to close by the end of Best Buy’s fiscal 2022 fourth quarter.

Current Health is the developer of an AI-powered upper-arm wearable and related software platform that measures a patient’s respiration, pulse, oxygen saturation, temperature, and movement. The real-time measurement device received Class II clearance from the FDA for post-acute care, marking the first time that an end-to-end, passive RPM wearable and platform has received clearance from the agency.

In discussing the agreement between Best Buy and Current Health, Christopher McCann, CEO of Current Health stated:

Over the coming decade, significantly more healthcare can be delivered in the home. We started Current Health to make that exciting transition radically easier for healthcare providers to achieve . . . Best Buy has unparalleled physical reach, world-class supply chain logistics, and trusted support services–allowing us to provide a high-touch consumer experience, at scale. We’re excited to join with Best Buy Health to move safe and effective healthcare into the home globally.

This acquisition will continue Best Buy’s investment in consumer-side health care technologies. For example, Best Buy previously acquired GreatCall Inc. (now Lively Inc.), a personal emergency response subscription service, for $800 million in 2018 and acquired Critical Signal Technologies, Inc., a senior-focused remote patient monitoring provider, for $125 million in 2019. The significant investment into the healthcare technology space for the consumer electronics company follows what Best Buy sees as a major growth opportunity. In a March 2021 earnings call, Corie Berry, CEO of Best Buys, stated, “We plan to invest in people, product development and the ongoing development of our health technology platform and our data analytics and intelligence engines.” Deborah Di Sanzo, President of Best Buy Health, further elaborated by stating:

The future of consumer technology is directly connected to the future of healthcare. We have the distinct expertise in helping customers make technology work for them directly in their homes and by combining Current Health’s remote care management platform with our existing health products and services, we can create a holistic care ecosystem that shows up for someone across all of their healthcare needs.

The post Best Buy to Acquire Remote Patient Monitoring Company Current Health appeared first on Knobbe Medical.

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