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Showing posts from August, 2023

Shiba Memu Announces BitMart Listing As Presale Soars Past $1.5M Milestone

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London, UK, August 4th, 2023, Chainwire Shiba Memu, a buzzing new AI-backed crypto meme coin, is creating more stir as it surges past the $1.5 million fundraising milestone and makes its exchange announcement debut with a BitMart listing – all within just one month of its presale starting. Getting listed on an established exchange like Bitmart, a significant player since 2017 that showcases an impressive roster of over 1500 cryptocurrency pairs, underscores a smart strategic play for the project. The main idea behind Shiba Memu’s AI was born out of the team's experiences with excessive marketing agency fees in previous business endeavors. This motivated them to take the initiative, developing a self-promoting AI that can scale into a variety of practical applications. The tangible concept, combined with the appealing Shiba Memu mascot, has fueled a wave of interest from investors and crypto enthusiasts who recognize the long-term potential of the project. Shiba Memu is curr...

Filecoin vs. Traditional Cloud Storage: Comparing Decentralization, Security, and Cost

In today's digital era, data storage and management have become crucial aspects for individuals and businesses alike. With the exponential growth of data generation, the demand for efficient and secure storage solutions has skyrocketed. In this article, we will compare Filecoin and traditional cloud storage, examining their differences in terms of decentralization, security, and cost. By the end, you will have a comprehensive understanding of both options and be able to make an informed decision for your storage needs. Visit quantumxbt.org/ and try out a new and better way of crypto trading. Try now! Understanding Traditional Cloud Storage Traditional cloud storage involves storing data on centralized servers managed by service providers. These providers offer storage space to users in exchange for a fee. Examples of popular cloud storage platforms include Amazon S3, Google Drive, and Dropbox. Centralization and its Limitations One of the key characteristics of traditional...

TaskChain: A World First Quest2Earn Web3 Platform Launches Presale

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Vienna, Austria, August 8th, 2023, Chainwire TaskChain , a groundbreaking Web3 project, has just announced the launch of its presale today. This new development comes prior to the introduction of TaskChain’s innovative platform which is set to transform the way users earn income online.  For early investors, the news about TaskChain’s presale launch is another exciting opportunity to be part of a new Web3 platform’s journey.  With a vision to empower individuals worldwide, TaskChain combines Web3 technology with GameFi features with the ultimate goal of creating a virtual space where everyone can easily find diverse opportunities for extra income as they collaborate with others. What is TaskChain’s Mission At its core, TaskChain champions the financial inclusion of the masses through fun and user-friendly Web3 features. The platform has the potential to level the playing field, especially for low-income regions, thanks to the Quests, digital jobs, or on...

NvirWorld Recruits Former 'Bank of America Investment Banker' Justin S as New CEO... to Accelerate Global Web3 Solutions

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On 31st, NvirWorld announced that it has appointed 'Justin S', a former 'Bank of America (BofA) Investment Banker,' as the new Chief Executive Officer (CEO) to spearhead the project in an everchanging blockchain industry. NvirWorld aims to be a market leader in the impending Web3 era and has recruited an industry expert from one of the world's largest financial institutions and investment banks, Bank of America, following the recent recruitment of Jason Y, a former Binance CMO, on August 15th. At BofA, Justin S. was responsible for advising and facilitating corporate mergers and acquisitions (M&A), and capital raising for various major financial institutions and fintech startups. Prior to joining BofA, he was actively investing in blockchain-related companies as an angel investor, providing both funding and management guidance. Drawing on his extensive experience as an active angel investor in the Web2 and Web3 realms, Justin plans to utilize his insig...

Synesis One launches the world's first NLP AI data crowdsourcing application on Solana Mainnet

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Zug, Switzerland, August 10th, 2023, Chainwire Synesis One, the world’s first AI data crowdsourcing platform on the Solana Blockchain, announced today the launch of its new Train2Earn App ‘Workspace by Synesis’ on iOS, Android, Saga, and web browsers. The App allows anyone, anywhere in the world to train AI and earn rewards. “The Workspace App is a significant leap forward in our mission to provide high quality data to companies developing AI applications,” said Paul Lee M.D., Cofounder and CEO of Synesis One. “We designed the Synesis One platform to connect companies that need quality AI training data with digital workers who can generate the data quickly, and at competitive prices.” The need for high-quality data to train and refine AI models is growing at an exponential rate, as nearly every industry from financial services to health care is starting to integrate AI into their business processes. Without data, AI models are basically useless...

Altcoin News: Don’t Miss These Coins This Week - Shiba Inu, Bone Shiba Swap, And Big Eyes Infinity

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The altcoin space is bustling with activity captivating investors and enthusiasts alike, by offering them a myriad of investment opportunities. This week, all eyes are on three standout tokens that have been making waves in the crypto realm: Shiba Inu, Bone Shiba Swap, and Big Eyes Infinity (BIGINF) . Let's delve into what's been happening with these coins and why they deserve your attention. Riding The Waves Hype  Drawing inspiration from the famous Dogecoin, Shiba Inu’s journey began as an experiment in the decentralized crypto landscape. This meme-inspired token, SHIB, swiftly captured the hearts of many crypto enthusiasts with its adorable Shiba Inu dog mascot and enticed potential investors with astronomical growth.  Within the Shiba Inu ecosystem, alongside SHIB, is Bone Shiba Swap (BONE) which serves as the governance token of the ShibaSwap decentralized exchange. BONE holds the promise of empowering users to actively participate in shaping the futur...

Maximizing Your Tax Benefits: Navigating the Child Tax Credit

Taxes can be overwhelming, but understanding and optimizing the tax benefits available to you can significantly impact your financial well-being. One such benefit that parents should be well-versed in is the Child Tax Credit. As of 2023, there have been changes to the Child Tax Credit that can provide significant relief to eligible families. In this article, we'll explore the Child Tax Credit and how you can navigate it to maximize your tax benefits. What is the Child Tax Credit?    The child tax credit is a beneficial tax relief option for American taxpayers with children. This credit enables individuals to lower their federal tax payments and may even result in a tax refund for some. As a partially-refundable tax credit, it is possible to receive excess funds back when the credit amount exceeds the total tax bill. By taking advantage of this credit, parents and guardians can experience some financial relief and support in raising their children. Eligibility Crite...

Shiba Memu Ignites the Crypto World: $2M Presale Surge as Meme Coin Races Towards Listing

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London, United Kingdom, August 21st, 2023, Chainwire Shiba Memu , a dynamic new cryptocurrency meme coin supported by AI, is causing a stir as its presale surpasses the impressive $2 million fundraising milestone. This remarkable achievement was further spurred by the recent news it would list on BitMart, a renowned crypto exchange, all within the first month of the presale's launch. The inception of the Shiba Memu AI stems from the team's previous experiences with exorbitant marketing agency fees. This motivated Shiba Memu to develop a self-promoting AI solution capable of adapting to various practical applications. Presently at $0.021700 per token, Shiba Memu's price experiences scheduled increments every 24 hours due to the team's well-crafted smart contract. This mechanism is particularly appealing to presale supporters, as it ensures that the token purchase price remains lower than the eventual listing price on exchanges. For instance, if purchased today at $0.021...

Exploring Potential Applications and Use Cases for Avalanche Subnets

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Avalanche subnets are independent and customizable blockchains that operate in parallel within the Avalanche network. Avalanche Subnets facilitate high-throughput and low-latency transactions as part of the Avalanche consensus protocol. They enable developers to create dedicated blockchains for specific use cases, addressing scalability and performance challenges in decentralized applications (dApps) and DeFi platforms. Diving Deep into Avalanche Subnets A significant early-stage L1 protocol in the blockchain industry is called Avalanche. The enterprise-grade blockchain deployment of an Avalanche node will enable interoperability and prove highly scalable to businesses. Avalanche is an open platform for developing decentralized apps. The only open platform for decentralized contracts operating on the global financial system is Avalanche, the first platform for decentralized smart contracts, customized blockchain networks, and contracts. The Avalanche platform, which permits almo...

Crypto Business in Portugal: Time Has Come!

If you have never looked at Portugal as a good destination for starting a crypto business, it’s high time to do so. The local laws do not impose any restrictions on non-residents who wish to register a crypto company here. However, if you want to pay three times less in corporate income tax, look a little further than mainland Portugal. Madeira offers really favorable conditions for obtaining a license for crypto entrepreneurs and offers a much lower tax rate. The matter surely requires some research, and we propose to use our knowledge base where you will find a more detailed article on how to open a crypto company in Portugal and lots of other information on international business and banking you may appreciate. Our articles are written by practicing consultants who closely monitor the business landscape to keep you informed about the latest goings-on that may have a considerable influence on your activities. If you have no time to study all the information you may need and...

Pyme: Revolutionising Crypto Investment in Web3 Companies

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Tbilisi, Georgia, August 25th, 2023, Chainwire In the dynamic world of cryptocurrency, new investment opportunities arise, captivating individuals eager to participate in this groundbreaking market. One such opportunity lies in Web3 companies, which are redefining industries and business models with blockchain technology. Pyme recognizes the potential of early-stage Web3 companies and is launching an innovative platform to facilitate investment in these ventures, revolutionizing the investment landscape. Unlocking Opportunities Pyme , the governance token of PymeDAO, is at the forefront of revolutionizing early-stage crypto companies within the web3 ecosystem. Through its crowdfunding launchpad, pre-launch accelerator, and incubator, Pyme drives consumer adoption of Web3 technologies. As a community-led ecosystem, Pyme supports projects during their initial stages, ensuring members globally gain early access. Holding Pyme tokens makes you an integral part of the wider Web3 movement, su...

Pepecoin: Insider trading claims surface amid token theft

On-chain analyst Yazan reports insider selling of PEPE holdings, with around 400 billion PEPE sold, aligning with Pauly’s team exposure. Former Pepecoin (PEPE) promoter turned crypto influencer Jeremy “Pauly” Cahen has leveled insider trading allegations against the Pepecoin team following the reported theft of around 16 trillion PEPE tokens. Pauly is now exposing team members’ identities, divulging their wallet activities. On-chain analysts also point to significant Pepecoin transactions involving insiders. In an Aug. 26 update, Pauly disclosed that the Pepecoin team possesses approximately $16–17 million in PEPE tokens distributed across nine wallets. Surprisingly, the insiders refrained from selling the holdings. Instead, they strategically offloaded PEPE from a centralized exchange (CEX) wallet, establishing a substantial short position. “I’ll likely be working with multiple branches of law enforcement to ensure that @degenharambe & the rest of his partners on the @pepecoine...

Musk Faces Discrimination Charges: Will DOGE Suffer the Effects?

U.S. DOJ files lawsuit against SpaceX for alleged discrimination against refugees. SpaceX CEO Elon Musk defends their decision saying there are rules preventing the hiring of refugees in the U.S. DOGE’s performance has slightly improved since last week, standing at $0.06227. According to the latest reports, the U.S. Justice Department (DOJ) has filed a lawsuit against Elon Musk’s spacecraft company SpaceX for discrimination against refugees. As per the case, SpaceX discouraged refugees from applying to roles in the company. And even if they did apply, the firm refused to consider them because of their citizenship status. This, according to the DOJ, is in direct violation of the Immigration and Nationality Act (INA). The DOJ alleges that in job postings and public statements, the tech firm claimed that under federal regulations known as “export control laws,” they could hire only “U.S. citizens and lawful permanent residents.” Such persons would be also kn...

Nothing Unveils OS 2.0 for Blockchain Phone, Launches Next Week

Nothing has announced the upcoming release of its new operating system, Nothing OS 2.0, for its blockchain mobile phone, Nothing Phone (1). Users might have to wait until the second quarter of 2024 for the transition to Android 14, as Nothing OS 2.0 is built on Android 13. The release of OS 2.0 showcases Nothing’s dedication to improving the user experience on its devices. The startup company, Nothing Phone, backed by Polygon (MATIC), is set to release its new operating system, Nothing OS 2.0. This update is for its blockchain mobile phone, Nothing Phone (1). The announcement has generated significant buzz in the tech community, as it promises to bring the latest Android 13-based Features to the users of the Nothing Phone (1). A tweet by Wu Blockchain highlighted the launch of the Nothing Phone (1) and the upcoming release of the Nothing OS 2.0. This collaboration marks a significant step forward in the integration of blockchain technology with mainstre...

Bankrupt Crypto Exchange FTX Seeks Galaxy's Expertise To Manage Holdings

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FTX Seeks Galaxy Digital’s Expertise FTX, which is now bankrupt, is entering uncharted territory by enlisting Galaxy’s consulting skills. This partnership plans to use hedging techniques for its sizeable holdings of Bitcoin and Ethereum to reduce FTX’s vulnerability to price volatility. The strategic hedging will protect against unfavorable price changes, creating a safer environment for the sale of these assets in the future. advertisement FTX will also be able to “stake” its cryptocurrency holdings, which is the practice of lending digital assets to verify blockchain transactions, as a result of its relationship with Galaxy. This technique not only benefits the blockchain network but also piques people’s interest, potentially opening up new revenue streams. Galaxy’s broad experience in managing and trading digital assets qualifies it as an appropriate advisor for FTX’s demanding needs. The decision is supported by ...

BTC open interest at YTD high doesn’t move prices, but traders can rely on bots

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Bitcoin’s open interest has surged, signaling market resilience despite a lack of consolidation above $30,000, but what does this mean for crypto investors? Bitcoin (BTC) open interest has been ascending for months, suggesting the market’s resilience even though the largest cryptocurrency by market capitalization hasn’t consolidated above the psychological level of $30,000. At the beginning of August 2023, Coinalyze data showed that the Bitcoin open interest figure returned to break above $10 billion, maintaining close to the highest level since the beginning of May 2022. The figure updated the year-to-date high on Aug. 9. Open interest is a metric that reflects the volume of unsettled futures, potentially indicating the confidence of the market to leave positions open. This is an important gauge, given that a good chunk of Bitcoin trading occurs on futures trading platforms, such as those offered by Binance, Bybit, OKX and the Chicago Mercantile Exchange (CME). Futures contracts enab...