Crypto Intelligence

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Crypto Intelligence News is proud to have Cointelegraph and CoinMarketCap as part of its press release (PR) distribution network. As such, we are able to publish press releases in Cointelegraph and numerous other sites, and feature them on the publication’s homepage, at discounted rates.

Why Should Crypto Projects Buy a Cointelegraph PR?

Blockchain and cryptocurrencies are reshaping the financial landscape, and staying visible in this dynamic sector is key. Whether you’re launching a new cryptocurrency, announcing a breakthrough in blockchain technology, or sharing insights about market trends, our platform provides the visibility and engagement your news deserves.

Our targeted distribution network includes:

  • Industry-specific outlets: Your press release is shared with leading blockchain and cryptocurrency news websites, including Cointelegraph.
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To maintain the highest quality of content, we request that your press release adhere to the following guidelines:

  • Relevance: Content must be specifically related to blockchain or cryptocurrency.
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Submitting your press release is simple:

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Please contact us via email or Telegram to discuss all the available options to promote your crypto project.

Sui Foundation and Mysten Labs Debut Sui Basecamp, the First Ever Global Conference for Sui

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Palo Alto, USA, January 23rd, 2024, Chainwire

Inaugural Sui ecosystem event comes to Paris April 10-11, 2024

Today, Sui Foundation and Mysten Labs announced Sui Basecamp, the first global conference dedicated to the Sui ecosystem, and a celebration of the builders and entrepreneurs building on Sui, the Layer 1 blockchain and smart contract platform the initial contributors of which are the technology team that emerged from Diem, Meta’s blockchain project. A premier event for the broader web3 ecosystem, Sui Basecamp will take place in Paris on Wednesday, April 10th and Thursday, April 11th 2024, and will feature builders and partners from all over the world as the web3 community descends on the city of lights for Paris Blockchain Week.

Both days will feature well-known speakers inside and outside Sui, to be announced in the upcoming weeks, and subjects of conversation will range widely from macro commentary on the industry as a whole, economics, cryptography, regulation, and the Move programming language. Attendees can expect insightful keynote speakers, interactive workshops, networking opportunities, and immersive activations designed to engage and entertain as they connect with like-minded individuals shaping the future of decentralized technologies like DeFi, NFTs, and more.

Evan Cheng, Co-Founder and Chief Executive Officer of Mysten Labs, original contributor to Sui said: “Almost a year after our Mainnet launch, Basecamp will be a celebration of all the ways Sui’s ecosystem and partners have grown and prospered. We look forward to seeing partners, builders, enthusiasts, developers, and industry leaders in Paris for the first global Sui conference to celebrate achievements to date and to be inspired by the future possibilities.”

Early bird tickets, at the discounted prices of $99 USD, are available today through March 1. Ticket prices remain discounted, at $149 USD, from March 2 through 31, then increase to the full price of $299 from April 1 until the event. 

Registrations are now open, at https://sui.io/basecamp. Nous avons hâte de vous voir !

About Sui

Sui is a first-of-its-kind Layer 1 blockchain and smart contract platform designed from the bottom up to make digital asset ownership fast, private, secure, and accessible to everyone. Its object-centric model, based on the Move programming language, enables parallel execution, sub-second finality, and rich on-chain assets. With horizontally scalable processing and storage, Sui supports a wide range of applications with unrivaled speed at low cost. Sui is a step-function advancement in blockchain and a platform on which creators and developers can build amazing, user-friendly experiences. Learn more: https://sui.io

About Mysten Labs

Mysten Labs is a team of leading distributed systems, programming languages, and cryptography experts whose founders were senior executives and lead architects of pioneering blockchain projects. The mission of Mysten Labs is to create foundational infrastructure for web3. Learn more: https://mystenlabs.com

About Sui Foundation: 

The Sui Foundation is an independent organization that is dedicated to the advancement and adoption of Sui. The Sui Foundation supports the Sui community and its projects that enable individuals and creators to have unprecedented ownership over their data and content.

Contact

Global Communications Manager
Lexi Wangler
Mysten Labs
press@mystenlabs.com

My Forex Funds – Is It a Scam?

My Forex Funds has attracted criticism and speculation from investors in the UK.

Forex (foreign exchange) trading has evolved into a global financial market where currencies are bought and sold 24 hours a day, five days a week. It offers an opportunity for traders to speculate on the value of one currency relative to another. Among the various players in this market, My Forex Funds stands out as a notable entity that provides a platform for individuals and institutions to engage in forex trading. This article delves into My Forex Funds, exploring its functions, strategies, and its role in the dynamic world of forex trading.

The Essence of Forex Trading

What Is Forex Trading?

Forex trading involves the exchange of one currency for another at an agreed-upon price. The forex market is decentralized, meaning that it doesn’t have a centralized exchange like the stock market. Instead, it operates through a global network of banks, financial institutions, governments, corporations, and individual traders.

READ: Stonk-o-Tracker AMC – Everything You Should Know

The Appeal of Forex Trading

Forex trading appeals to a wide range of participants due to several factors:

  • Liquidity: The forex market is one of the most liquid markets globally, with a daily trading volume exceeding $6 trillion in 2021, providing ample opportunities for traders.
  • Accessibility: Unlike traditional financial markets, the forex market is accessible 24/5, allowing traders to participate at their convenience.
  • Leverage: Forex trading offers the potential for significant profits through the use of leverage, which allows traders to control larger positions with a relatively small amount of capital.

My Forex Funds: A Deeper Dive

What Is My Forex Funds?

My Forex Funds is a forex trading platform that offers various services to individuals and institutions looking to participate in the forex market. It operates as a brokerage firm, facilitating the execution of forex trades on behalf of its clients. The platform provides traders with the tools and resources needed to access the forex market and implement their trading strategies effectively.

Key Functions of My Forex Funds

My Forex Funds performs several essential functions in the forex trading ecosystem:

1. Trading Access

The platform provides clients with access to the forex market, allowing them to trade a wide range of currency pairs. This access is critical, as the forex market operates 24 hours a day, and My Forex Funds ensures its clients can participate in this dynamic market.

2. Trade Execution

One of the primary roles of My Forex Funds is to execute trades on behalf of its clients. The platform facilitates the buying and selling of currencies, ensuring that orders are executed accurately and promptly.

3. Risk Management

Forex trading can be highly volatile, and My Forex Funds offers risk management tools and strategies to help clients protect their investments. These may include stop-loss orders and risk assessments.

4. Education and Analysis

My Forex Funds provides educational resources and market analysis to help clients make informed trading decisions. This includes market research, technical and fundamental analysis, and trading strategies.

Trading Strategies at My Forex Funds

1. Day Trading

Day trading involves opening and closing positions within the same trading day. Traders at My Forex Funds who employ this strategy seek to profit from short-term price movements in currency pairs. It requires quick decision-making and a deep understanding of market dynamics.

2. Swing Trading

Swing trading is a medium-term strategy where traders aim to capture price swings or “swings” in the market. These swings can last for days or even weeks, and My Forex Funds offers tools to help traders identify potential entry and exit points.

3. Scalping

Scalping is a high-frequency trading strategy where traders aim to profit from small price fluctuations. My Forex Funds supports scalpers by offering low spreads and fast execution, crucial for this strategy’s success.

4. Carry Trading

Carry trading involves capitalizing on interest rate differentials between two currencies. My Forex Funds provides the necessary resources for traders to identify currency pairs with favorable interest rate differentials and execute carry trades.

The Role of Technology

Leveraging Technology for Success

My Forex Funds recognizes the importance of technology in modern forex trading. The platform employs cutting-edge technology to provide clients with a seamless trading experience. This includes robust trading platforms, mobile apps, and advanced charting tools. Technology also plays a significant role in ensuring fast order execution and reducing latency, which is crucial for day traders and scalpers.

Risk Management through Technology

In the volatile world of forex trading, risk management is paramount. My Forex Funds utilizes technology to offer risk management tools such as automated stop-loss orders and risk assessment algorithms. These tools help traders protect their capital and minimize potential losses.

Regulations and Security

Ensuring Regulatory Compliance

My Forex Funds places a strong emphasis on regulatory compliance. It operates under the oversight of relevant regulatory bodies, ensuring that it adheres to industry standards and best practices. This commitment to compliance helps build trust among clients and demonstrates the platform’s dedication to providing a secure and reliable trading environment.

Protecting Client Funds

The security of client funds is a top priority for My Forex Funds. The platform employs robust encryption and security measures to safeguard client accounts and personal information. Additionally, client funds are typically held in segregated accounts, separate from the company’s operational funds, to ensure the safety of client capital.

The Future of My Forex Funds

As the forex market continues to evolve, My Forex Funds is poised to adapt and grow along with it. The platform is likely to continue expanding its range of services, incorporating new technology, and enhancing its educational resources to meet the changing needs of traders. Additionally, My Forex Funds may explore opportunities in emerging markets and offer more diversified trading options to its clients.

Conclusion

My Forex Funds serves as a gateway to the vast and exciting world of forex trading, providing traders with access to the global currency markets and a suite of tools and resources to navigate it successfully. Whether you’re a seasoned forex trader or just starting, My Forex Funds offers a platform that caters to a diverse range of trading strategies and risk tolerances. As the forex market continues to evolve, platforms like My Forex Funds will play a crucial role in empowering traders to pursue their financial goals through forex trading.

Stonk-o-Tracker AMC – Everything You Should Know

The Stonk-o-Tracker played a key role in the rise of AMC’s stock among retail investors in the UK and abroad.

The world of finance has undergone a seismic shift in recent years, with retail investors emerging as formidable players in the stock market. AMC Entertainment Holdings, Inc. (AMC), a well-known movie theater chain, found itself at the center of this financial whirlwind. AMC’s extraordinary ascent to stardom in the stock market, fueled by retail investors and social media, birthed a phenomenon affectionately known as “stonks.” The Stonk-O-Tracker, a powerful web-based tool, emerged as a critical companion for AMC enthusiasts, helping them navigate the volatile and unpredictable terrain of the AMC stock.

Unraveling the AMC Phenomenon

To fully appreciate the significance of the Stonk-O-Tracker in the context of AMC, it’s essential to grasp the unique circumstances that propelled AMC to prominence in the stock market. Early in 2021, AMC faced dire straits due to the COVID-19 pandemic. The movie theater industry was severely affected as people chose to stay home, resulting in significant financial struggles for AMC and a historic low in its stock price.

However, AMC’s fortunes took a remarkable turn as retail investors from online communities, most notably Reddit’s WallStreetBets subreddit, united to orchestrate a short squeeze. A short squeeze occurs when investors with short positions in a stock (betting that its price will fall) are forced to cover their positions by buying the stock, causing the stock price to surge. This coordinated effort led to an unprecedented rally in AMC’s stock price, defying all expectations.

READ: 2024 Review: Why is Revolut Bad?

The Rise of the Stonk-O-Tracker

As AMC’s stock price soared to dizzying heights, keeping pace with these rapid fluctuations became an increasingly daunting task for retail investors. It was here that the Stonk-O-Tracker emerged as a beacon of hope, a web-based platform that swiftly gained popularity among the AMC faithful. This innovative tool was engineered to offer real-time data, analysis, and invaluable insights into AMC’s stock performance, making it an indispensable resource for anyone navigating the turbulent waters of the AMC revolution.

Key Features of Stonk-O-Tracker

1. Real-Time Stock Price Tracking

One of the foundational features of Stonk-O-Tracker is its ability to provide real-time updates on AMC’s stock price. This feature enabled investors to stay well-informed, empowering them to make timely decisions regarding buying, selling, or holding their AMC shares.

2. Interactive Charts

Stonk-O-Tracker included interactive charts that showcased the stock’s historical performance. These charts allowed users, particularly technical analysts, to identify patterns and trends over time. This feature proved invaluable for predicting future price movements.

3. Social Media Sentiment Analysis

Recognizing the pivotal role of social media in shaping AMC’s stock price, Stonk-O-Tracker incorporated sentiment analysis tools. It aggregated data from various social platforms like Twitter and Reddit, providing users with a gauge of the prevailing sentiment surrounding AMC. This feature allowed investors to gauge the market sentiment and make more informed decisions.

4. Volatility Alerts

During the peak of the AMC craze, the stock was notorious for its extreme volatility. Stonk-O-Tracker equipped users with volatility alerts, notifying them of significant price swings or spikes in trading volume. These alerts helped investors stay ahead of the curve and respond to market shifts promptly.

5. Community Forums

To foster a sense of community among AMC enthusiasts, Stonk-O-Tracker integrated discussion forums where users could share insights, experiences, and strategies. These forums evolved into a central hub for AMC investors to connect, exchange information, and provide support to one another.

The Impact and Influence of Stonk-O-Tracker

The Stonk-O-Tracker played a pivotal role in shaping the broader narrative of the AMC phenomenon. Here are some of the ways in which it exerted its influence:

1. Empowering Retail Investors

Stonk-O-Tracker empowered retail investors by providing them with real-time data and analysis. This level of information equated to making informed decisions, thereby leveling the playing field between individual investors and institutional giants.

2. Building a Thriving Community

The community forums within Stonk-O-Tracker provided a haven for like-minded individuals to connect and collaborate. It cultivated a strong sense of camaraderie among AMC enthusiasts and facilitated the exchange of valuable information and strategies. The tool served as more than just a tracker; it was the epicenter of a growing community.

3. Attracting Media Attention

Stonk-O-Tracker gained widespread media attention as it became synonymous with the AMC revolution. It was featured in numerous news articles and television segments, further amplifying the profile of AMC and its ever-growing retail investor following. The platform became a symbol of the changing landscape of finance.

4. Challenging Traditional Market Norms

The AMC craze, accompanied by tools like Stonk-O-Tracker, raised questions about traditional market norms. It showcased the incredible power of collective action and the influence of social media in shaping stock prices. This phenomenon challenged the status quo and encouraged a reevaluation of established market dynamics.

Challenges and Controversies

Despite its undeniable popularity and the positive impact it had on many retail investors, the Stonk-O-Tracker was not without its fair share of challenges and controversies. Some critics argued that the platform contributed to market manipulation and encouraged reckless trading. Others questioned the accuracy of sentiment analysis, highlighting the potential for misinformation to spread within the community. Additionally, the volatile nature of AMC’s stock raised concerns about the long-term sustainability of the movement.

The Future of Stonk-O-Tracker and AMC

As of my last knowledge update in January 2022, the future of both AMC and the Stonk-O-Tracker remained uncertain. AMC’s stock price had experienced significant fluctuations, and the company was grappling with the ongoing challenges posed by the pandemic. However, the enduring popularity of the Stonk-O-Tracker demonstrated the persistent interest in AMC among retail investors.

In conclusion, the Stonk-O-Tracker emerged as a critical tool during the AMC revolution, providing real-time data, analysis, and a sense of community for retail investors. Its impact on the broader financial landscape and the ongoing evolution of the AMC story remained a subject of great interest and debate. The AMC phenomenon, coupled with tools like Stonk-O-Tracker, underscored the changing dynamics of the stock market and the growing influence of retail investors in shaping the financial world. The future of both AMC and the Stonk-O-Tracker will undoubtedly continue to captivate the attention of investors and enthusiasts alike.

Introducing .box – The World’s First Blockchain Native, DNS Routable Domain

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Toronto, Ontario, January 18th, 2024, Chainwire


.box is bridging Web3 and Web2  

Breaking new ground in the domain name industry, My.box Inc. announces the upcoming launch of its Public Beta on January 18th, 2024 at 12:00 PM ET. This kicks off public availability of the first ever domain name system supported natively by browsers, email, and wallets. 

 The future of digital identity 

.box domains offer secure and seamless identity on Web3 and Web2. The holder of ‘example.box’ is empowered with decentralized ownership and access to DNS record management, ENS integration, payments, Web3 authentication, Web3 messaging, websites, and email. Founder of .box, Josh Brandley states, “There are many great things happening at the intersection of Web3, decentralized identity, and domain names – we are the first to tie it all together with a powerful, easy to use product”.   

.box solves the major problem with blockchain domains 

.box sets a new standard in the world of blockchain-based top-level domains. While other new blockchain domain systems generate excitement, they ultimately fall short because they do not work with traditional browsers and email services. In contrast, .box is ICANN-accredited, recognized by the global Domain Name System (DNS), and supported by the Ethereum Name Service (ENS). Both DNS and ENS have established substantial network effects, solidifying their positions as core infrastructure. .box is pioneering an approach that natively integrates the features of both systems, thus delivering a better experience for users. 

The team behind .box 

The .box TLD is owned and operated by Intercap Registry, an ICANN Accredited Registry Operator. Intercap has dedicated over a decade to the development of .box. Core partners include 3DNS and ENS Labs, whose leaders share the vision of bringing the benefits of Web3 to the domain industry. Nick Johnson, Founder of ENS, states: “We have always had a deep respect for the DNS and are very excited to witness this unique .box implementation that supports seamless interoperability between the two systems”. Paul Gauvreau, CEO of 3DNS adds, “Bringing real world domain assets onchain improves almost every use case there is – we anticipate that this product will be widely adopted by Web3 enthusiasts and newcomers alike.”  

Launch pricing 

During launch, .box domains will run through a premium pricing phase, ensuring fair access for everyone. Prices start at $7,680 USDC and then decay exponentially for 6 days until stopping at a fixed rate of $120 USDC. All domains will renew at $120 USDC per year. Domains are minted and managed using the dApp hosted at my.box. Payment is made with ETH or USDC. 

Join the .box community 

  • Secure your .box domain now at https://my.box 
  • Follow .box at https://x.com/boxdomains 
  • Join the .box Discord server to:  
  • Learn how to buy a .box and take control of your decentralized identity. 
  • Qualify for your referral link to earn $18 for each successful referral. 
  • Receive support, updates, and connect with the team. 

For More Information: 

Visit our website at www.my.box or contact Omar Hamed, omar@intercap.com 

Contact

Community Manager
Omar
My.box
contact@omar.box

DeSo-Backed SocialFi App Focus Raises $20 Million in Under 24 Hours

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Los Angeles, California, January 17th, 2024, Chainwire


Key Takeaways

  • Focus, the revolutionary new decentralized SocialFi app, raised $20 million in less than 24 hours
  • Focus rivals subscription platforms like OnlyFans and Patreon, a multi-billion-dollar industry
  • The Social Airdrop offers users the chance to earn upwards of $100,000 in $FOCUS tokens

Focus is a brand new SocialFi app from DeSo, the team that raised $200M from Coinbase, Sequoia, a16z, Social Capital, and other top funds. It aims to disrupt the trillion-dollar social media market and creator economy by introducing groundbreaking features rivaling X, Onlyfans, and Patreon.

The TAM for this market is significant, with OnlyFans processing roughly $8 Billion in 2023 and charging 20% per transaction. These high fees significantly reduce creator profits, highlighting the need for a more equitable solution.

Focus combines the best of Onlyfans, Patreon, X, and other billion-dollar social platforms into one app. It’s built on the DeSo blockchain and powered by permissionless crypto-native monetization features that are not possible in web2.

Under the leadership of crypto-veteran Nader Al-Naji, Focus is fully decentralized, with no corporate entity behind it. Just coins and code:

“Decentralized social media is facing the same skepticism Bitcoin did at its inception. Critics believe it can’t challenge major players, won’t scale, and faces a ban if it does. Ask yourself: do you want to be on the side that’s short-sighted and left behind or embrace optimism and innovation? This is your chance to be part of a monumental technological shift.” – Nader Al-Naji, Founder of DeSo

Focus allows new ways for users to make money with anonymous crypto-enabled monetization mechanics that include paid reposts (decentralized ads), paid messages, unlockable content, subscriptions, and Creator Coins, allowing users to invest directly in other creators’ revenue streams.

Thanks to the DeSo blockchain and its Revolution Proof of Stake system, Focus users can transact in a variety of cryptocurrencies, including USDC, Bitcoin, Ethereum, Solana, DeSo, and Focus tokens, all for under 1/10,000th of a cent per transaction, including for cross-chain assets.

DeSo also supports the storage of content directly on-chain for 1/10,000th of a cent per post, which is much less than Solana at ~$1 per post or Ethereum at ~$100+ per post.

This means that Focus can pioneer innovative monetization and content mechanics that are not possible with older high-fee blockchains or slower and heavily censored fiat payment rails.

DeSo Founder Nader Al-Naji continues: “From the beginning, our strategy was clear: lay down a scalable, decentralized groundwork, then roll out applications that truly showcase the unparalleled advantages and power of DeSo.”

Focus allows users to reserve tokens akin to staking, with the flexibility to choose any supported currency via HeroSwap, including BTC, ETH, SOL, USDC, and DESO. Early adopters who reserve tokens during the first week (January 11th to January 18th) will receive a 100% bonus in $FOCUS tokens.

Unlike traditional social networks, Focus democratizes distribution by distributing 100% of all fees directly to the holders of $FOCUS tokens. This contradicts the business model users see with social platforms today, where a small group of venture capitalists and shareholders capture all the value.

To further incentivize user participation, Focus is introducing a viral airdrop model, The Social Airdrop, which rewards users based on their influence on external social networks, distributing $FOCUS tokens commensurate with their reach.

This new airdrop model means someone with a thousand views per post would get a joining bonus of about $100 in $FOCUS tokens. In contrast, someone with millions of views per post, like Elon Musk, would get a bonus of upwards of $100,000 in $FOCUS tokens.

The Social Airdrop also includes a referral program allowing users to refer others to the platform and in return receive 10% of the referee’s joining bonus and 5% of all revenues the referee generates on the platform.

FOCUS plans to support X, Instagram, YouTube, TikTok, Twitch, select email domains, DeSo, and OnlyFans at launch.

To reserve tokens and earn a 100% bonus in $FOCUS, prospective users should visit Focus.xyz and reserve their funds before 11:11 am EST on January 18th. The bonus will drop every week until the app goes live.

About Deso

DeSo is the first and only censorship-resistant Layer-1 blockchain purpose-built to power storage-heavy apps and scale decentralized social networks for mass adoption. Their mission is to decentralize social media like Bitcoin and Ethereum are decentralizing finance. DeSo has gained significant adoption and boasts 2.6M users (wallets) and 93M transactions. With Focus, DeSo aims to usher in a new age in crypto led by cutting-edge consumer apps that scale to billions of users.

Contact

Ed Moss
Ed@deso.org


Kabuni Celebrates “Stake a Future” Launch with 10,000 Steamboat Willie-Inspired NFTs

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London, United Kingdom, January 17th, 2024, Chainwire


Kabuni’s Steamboat Willie-inspired non-fungible tokens (NFTs) go beyond digital assets, they are integral to Kabuni’s mission of unlocking human potential through technology and driving positive change. 

Holders of these NFTs gain an exclusive path to the chance of earning Kabuni COIN (KBC), embodying the spirit of innovation, these NFTs also grant holders voting rights to influence Kabuni’s future direction, symbolizing the team commitment to integrating community participation and technological advancement. The Kabuni ChangeMaker NFT transcends traditional digital asset boundaries, seamlessly merging value from the digital realm to the physical and back again, as we grow and Stake a Future across the globe. 

What is “Stake a Future”?

Kabuni is redefining crowdfunding in the Web3 era with an innovative approach that concentrates on projects with significant impacts in key sectors. The Kabuni model uniquely intertwines contribution with reward, supporting promising ventures while offering tangible benefits to those who invest in these impactful projects. 

A tribute to innovation: The Steamboat Willie-Inspired ChangeMaker NFT

“Our journey began six years ago with a vision to unlock the design potential in every human being and elevate life. The ChangeMaker NFT program draws inspiration from Steamboat Willie, from humble roots to global icon changing the world,” states Nimesh Patel, CEO of Kabuni. 

The launch today signifies a pivotal evolution in digital asset innovation and marks Kabuni’s expansion beyond revolutionising K-12 education sector into venture building, cryptocurrency exchange, and finance applications. These new ventures are in alignment with Kabuni’s mission, demonstrating the company’s commitment to broadening its impact across various sectors.

Exclusive benefits for ChangeMaker NFT holders 

  • Monthly Draws: Chance to win $1000 in KBC every month for a year. 
  • Governance Participation: As Kabuni grows, NFT holders can vote on the company’s direction, playing a pivotal role in its development.
  • Exclusive Access and Opportunities: Owning an NFT opens doors to unique experiences and advantages within the Kabuni ecosystem. 
  • Stake A Future: Holders will be part of Kabuni’s “Stake A Future” initiatives from the outset, experiencing these ventures before others.
  • A Journey of Growth: The holder’s progression from Affiliate to Ambassador within Kabuni reflects the transformative journey akin to that of Steamboat Willie, symbolizing growth and evolution.

Joining the ChangeMaker NFT Movement: The Process of Minting Event Tickets

  • Stake and Save: Interested parties should visit Coinstore and stake KBC and participate in the inaugural “Stake A Future” program by staking KBC tokens.
  • Mint NFT Ticket: After completing the required quests, users need to add their Coinstore UID to the Kabuni Airlyft campaign. This will allow them to mint their unique Backpack NFT ticket.
  • Engage with the Community: Users can connect with Kabuni on DiscordTwitter, and other platforms for the latest updates and community interaction. 

“Transforming asset exchange and redefining finance, we’re creating a transparent, ethical, and accessible ecosystem. We are pleased to be part of reshaping the future of digital finance with Kabuni.” says Shawn Koh, Regional Manager of Coinstore. 

Users can join Kabuni on this exhilarating journey as it strides towards a future where technology and humanity unite for the greater good. 

In anticipation of Kabuni’s ChangeMaker NFT launch on February 14th, users today have the opportunity to mint one of the 10,000 available tickets. These tickets not only secure a place for users at the launch but also determine the price they will pay for the ChangeMaker NFT – the smaller the ticket number, the less the user pays.

About Kabuni 

At Kabuni, our focus is on cultivating four key pillars: education, venture building, cryptocurrency exchange, and finance applications. Each of these sectors plays a crucial role in delivering our ‘why’ — to unlock the design potential in every human being and elevate life. Our approach is to create a scalable framework that balances conscientious profit with the elevation of people and the betterment of our planet. This vision is driven by a unique blend of emerging technology and a commitment to safety by design, ensuring that as we grow, we do so responsibly and with a positive impact on the world.

Contact

CEO
Nimesh Patel
Kabuni
nimesh@kabuni.com

Submit a Crypto, Blockchain or AI Guest Post

Crypto Intelligence and its network of other crypto, blockchain and AI news platforms and blogs is accepting guest posts.

In this article, we explain how you can contribute crypto, blockchain and AI guest posts to our sites, and outline our submission requirements.

Write a Crypto, Blockchain or AI Guest Post

If you’re interested in contributing guest posts about the world of cryptocurrencies, blockchain and artificial intelligence, we want to hear from you. You can get in touch with us by sending an email to sales@cryptointelligence.co.uk and someone from our team will revert back to you within 24-48 hours.

In your outreach email, it’s advisable to outline what sort of guest post you would like to contribute, and provide an overview of its contents.

Submission Guidelines

1. Original and High-Quality Content

– All submissions must be original and written exclusively for our platform. Plagiarism and duplicate content will not be accepted.

– We value well-researched and high-quality articles. Ensure your post is accurate, well-structured, and free from grammatical errors. Proofread and edit your work before submission.

2. Relevance and Freshness

– Topics should be relevant to the fields of cryptocurrency, blockchain, or AI. We prioritize articles that discuss current trends, emerging technologies, or provide valuable insights to our readers.

– Stay updated with the latest developments in your chosen niche. Fresh and timely content is more likely to engage our audience.

3. Authoritative Sources

– When including statistics, data, or referencing specific studies, make sure to cite reliable and authoritative sources. Proper attribution enhances the credibility of your article.

4. Length and Depth

– Aim for articles with a minimum of 500 words to provide in-depth information. Longer articles may be more appropriate for complex topics.

– If you have a comprehensive guide or a deep analysis to share, consider breaking it down into a series of articles for better readability.

5. Engaging and Accessible Writing

– Write in a clear and concise manner. Avoid overly technical jargon, but don’t oversimplify complex concepts either. Strive for a balance that makes your content accessible to a broad audience.

– Use subheadings, bullet points, and visuals (when appropriate) to break up text and improve readability.

6. Unique Perspective

– We appreciate articles that offer unique perspectives, case studies, personal experiences, or thought-provoking insights. Stand out by providing a fresh take on familiar topics.

7. Non-Promotional

– Guest posts should not serve as advertisements or promotional content for specific products, services, or companies. Any references to such should be relevant to the topic and kept to a minimum.

– Avoid overly promotional language and ensure that your content adds educational or informational value.

8. Format and Submission

– Submissions should be in a plain text format, preferably in Markdown or Google Docs. Include any relevant images or diagrams as separate files, and provide proper attribution if necessary.

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6 Web3 Technologies Set To Go Mainstream In 2024

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Investors might have a tough time during a bear market, but these downward cycles are often seen as a great opportunity for innovators to double down and refine their ideas. This is especially apparent in the Web3 industry, where the long and drawn out crypto winter that began at the tail end of 2021 has weeded out many of its flawed projects. Those that are left standing are now primed to usher in some exciting new use cases as the crypto industry looks set for a strong rebound heading into 2024. 

As optimism builds over the prospect of a new bull market for crypto, now seems like a great time to take stock of some of Web3’s most exciting new developments. 

Distributed Validator Technology 

DVT is gaining momentum as a superior approach to blockchain validator security due to the way key management and signing responsibilities are split across multiple parties, increasing the resilience of the network. 

With DVT, the private keys used to secure a validator are shared across multiple clusters of computers. This means it becomes exponentially more difficult for hackers to gain access to that private key, as they would have to attack numerous machines separately. Another benefit is that some nodes can go offline, without the validator being affected, as the key signing can be performed by a subset of machines within the larger cluster. 

DVT therefore delivers three main benefits to Proof-of-Stake blockchains – it increases security, it means there’s no single point of failure for a validator, and it accelerates decentralization by making it simple to establish numerous independently operated validators. 

One of the leading lights in the DVT space is SSV.Network, which provides the significant advantage of allowing validators to remain anonymous, helping to reduce hacking and coercion attempts. SSV makes it much more difficult for cyberattackers to target a specific validator, and simultaneously makes validation much more accessible as users can participate in a node with minimal financial resources. 

SSV is tipped to gain substantial momentum in 2024 following the launch of its permissionless mainnet in December. With its launch, anyone can participate in Ethereum’s network by staking a minimal amount of ETH, validating transactions to earn a share of the rewards on offer. The project has gotten off to a great start, with more than $160 million worth of ETH being staked by over 2,200 validators across 74 SSV nodes.

Zero-Knowledge Proofs

Although ZK-Proofs is a relatively old technology within the Web3 sphere, it’s set to make a big splash in 2024 as it reaches a new level of maturity. 

The basic idea of ZK-proofs is that they allow one party in a transaction to prove to a second party that it has specific knowledge regarding the details of that transaction, without revealing any specifics. The technology has profound implications for blockchain as it addresses headaches around the opposing needs for transparency and privacy. With ZK-proofs, it becomes possible for crypto transactions to be verified without anyone knowing the transaction details. This ensures full transaction privacy, while preventing anyone from cheating the system. 

ZK-proofs were first popularized by the privacy-focused cryptocurrency ZCash, but the technology is now being used for additional use cases, such as verifiable off-chain computing. 

With ZK-proofs we can build a verifiable web that enables users to make informed decisions, because they can verify exactly what the systems they interact with are doing, promoting greater trust. In a blog post, ChainLink cites three main benefits to the verifiable web. First, users will know what they’re getting into because they can proactively verify everything about a system and confirm it won’t change. Second, they’ll be able to understand what is happening within any system by using ZK-proofs to verify any events or data. Third, users can proactively decide if and when they want to leave a system, as the verifiable web clearly defines how to do so. 

Several projects are working hard to make the verifiable web a reality. They include Space and Time, a decentralized data warehouse startup that uses ZK-proofs to verify queries against both on- and off-chain data. Space and Time has developed a technology called Proof-of-SQL, which makes it possible to cryptographically secure database queries. In turn, this means smart contracts now have a way to verify off-chain data, opening the door to more sophisticated decentralized applications that can respond to real-world events. Space and Time has notably integrated its technology with Google Cloud’s BigQuery to private queries to off-chain data stored in the cloud. 

A second major player driving greater adoption of ZK-proofs is Cronos. In December, Cronos announced the launch of its third major network in testnet – a Layer-2 known as the Cronos zkEVM chain – which is built using Matter Labs’ tools for spinning up so-called “hyperchains” that sit above existing networks. 

The Cronos zkEVM chain is expected to launch its mainnet in the second quarter of 2024, and brings benefits such as its low hardware requirements and lower transaction fees. By using ZK-proofs, it also facilitates native account abstraction, where transaction fees can be paid using alternative cryptocurrencies. 

Fully Homomorphic Encryption

Even as ZK-proofs gain momentum, others in the blockchain industry are working on what they believe is a superior alternative to facilitate private transactions. Fully Homomorphic Encryption, known as FHE, makes it possible to perform computations on data that remains encrypted in ciphertext format, ensuring it remains protected at all times. This is important, because in traditional computing it is necessary to unencrypt data before it can be used by any application. 

FHE provides significant benefits, for example by allowing untrusted networks to access data that remains fully encrypted, preventing any misuse. 

One of the biggest proponents of FHE is Google, which offers an extensive toolkit for developers looking to build applications that leverage the technology. In the crypto realm, Fhenix is one of the leading players in FHE, building an EVM-compatible blockchain that’s said to be the first network of its kind to implement the technology. 

Fhenix argues that FHE can provide big benefits to a blockchain industry that’s known for its transparency due to the public nature of decentralized networks. The startup, which raised $7 million in funding in September, announced the launch of its testnet earlier in the year, followed by a private devnet that launched in June.  

Because Fhenix’s FHE blockchain is EVM-compatible, the startup says it can improve the utility of Ethereum-based dApps, supporting capabilities such as private voting for DAOs, private real-world asset tokenization, blind auctions, on-chain identification and more. 

Super Apps

The concept of the Super App has its roots in the world of Web2. Super Apps are basically just one application that offers users multiple, diversified services for everyday life. They’re usually built atop of a single function, such as a chat or financial payments platform, which integrates with various other services and makes them easier for their users to access. 

Super Apps first emerged in China, with the likes of WeChat and Alibaba amassing millions of users on their respective chat and e-commerce platforms, before expanding to include other offerings. These days, WeChat is far more than just a chat app, as it also offers social media, hotel bookings, transportation services such as taxi bookings, e-commerce marketplaces, video games, financial services, online dating and everything else you can imagine.

Kresus is now looking to bring the concept of the Super App into Web3 with the launch of a crypto wallet that doubles as a portal to the world of decentralized applications. Besides just being a wallet, Kresus offers functionality such as minting and transferring NFTs, numerous on- and off-ramps to fiat, access to DeFi protocols and more. 

One of the best things about Kresus that’s likely to help with its growth is its simplicity, which overcomes one of the major hassles in crypto. Whereas other non-custodial wallets require users to carefully store their seed phrase to ensure they can access their digital assets if they lose their wallet, Kresus is completely idiot-proof. It’s simple to set up a wallet, and no seed phrase is created. Instead, it employs traditional account recovery techniques such as email or SMS to ensure users can always access their wallets, even if they forget their password. 

Kresus also gives each user a free Web3 identity that’s powered by Unstoppable Domains, which can be used to easily and securely login to any dApp, metaverse or blockchain game in a single click.  

Kresus was recently named by FinBold as one of the easiest apps to buy and store crypto with, noted for its ability to provide the same level of security as a hardware wallet, without needing to buy any actual hardware.

Ethereum Virtual Machine

Progress continues to accelerate in the world of EVMs, which are virtual machines that power the smart contracts so critical to the Ethereum network. The EVM is what makes it possible for developers to write smart contracts in the Solidity programming language, and is the key enabler for every autonomous dApp deployed on the network today. 

The overwhelming dominance of Ethereum in DeFi and Web3 today means that many other networks are now looking to create their own EVMs to tap into its ecosystem. One of the most prominent examples is the EOS EVM, which was launched in 2022 and has been the focus of much innovation ever since. Although Ethereum has the biggest ecosystem of dApps by far, many developers believe that EOS is a superior network, with faster transaction processing times and lower fees just some of the major benefits. 

The EOS EVM effectively bridges the gap between the two ecosystems, providing a way for developers to deploy Solidity-based smart contacts on the EOS network, where they can benefit from its superior performance. It allows developers to use Ethereum’s battle-tested code, libraries, SDKs and other tooling to build dApps that can run on EOS.

With the latest update to the EOS EVM in December, it gained support for WebSocket, which is a key tool for building more sophisticated dApps that rely on real-time, bidirectional communication. With WebSocket, dApp developers can establish two-way and real-time communication between their apps and a remote server, with minimal latency. It improves on the older HTTP communication standard, which is unidirectional, meaning that the client can only send requests, and the server can only respond. 

By using WebSocket instead, dApps can maintain a two-way connection that facilitates a continuous exchange of data. This paves the way for instantaneous updates for Web3 chat dApps, messaging tools, trading platforms, blockchain games, NFT tracking tools, DeFi notifications and more. 

Web3 Streaming

The concept of livestreaming is taking on a new life in Web3 thanks to the power of Azarus, a streaming platform that changes the very nature of how content creators and their fans interact. 

Azarus sits at the forefront of Web3 streaming, with its innovative wallet feature that layers over the video player to enable direct interactions between streamers and viewers. With Azarus, esports players and other content creators have a simple, seamless way to stream and engage with their viewers, using blockchain tokens to provide incentives that enhance the viewing experience. 

The beauty of Azarus’s technology is that it provides gamers and other creators with a new source of revenue together with the ability to reward their most loyal audiences, motivating them to spread the word about their gaming exploits. Its platform also provides a way for creators to encourage viewers to visit off-stream destinations such as e-commerce portals, brand properties and more. 

Web3 streaming is looking set to become all the rage following the acquisition of Azarus by Animoca Brands, one of the biggest Web3 game developers. Animoca intends to integrate Azarus’s streaming technology into its own games to provide richer experiences for gamers and fans alike. 

Ultimately, Animoca believes that Web3 streaming will lay the groundwork for the creation of a player-owned economy that will give gamers, content creators and streamers full control over their digital property and the ability to monetize their expertise.

2024 Review: Why is Revolut Bad?

Revolut is a popular fintech company in the UK, but it has a number of cons and bad attributes.

Revolut, founded in 2015, has rapidly risen to prominence as a disruptor in the banking and finance industry. Offering a range of innovative financial services, from currency exchange to cryptocurrency trading, Revolut has garnered millions of users worldwide. In this comprehensive review, we’ll delve into the features, advantages, and drawbacks of the Revolut platform, and explore why it has both captivated and disappointed customers.

The Advantages of Revolut

Revolut’s popularity can be attributed to several compelling advantages:

1.1. Cost-Effective Currency Exchange
One of Revolut’s standout features is its competitive currency exchange rates, making it an attractive choice for international travelers and those conducting cross-border transactions. The platform allows users to exchange currencies at the interbank exchange rate, saving them from hefty fees imposed by traditional banks.

1.2. Multi-Currency Wallet
Revolut offers a multi-currency wallet, which allows users to hold, convert, and spend money in various currencies without the need for multiple bank accounts. This feature simplifies international financial management and reduces the risk of exchange rate fluctuations.

1.3. Cryptocurrency Trading
Revolut’s foray into the world of cryptocurrencies is a notable advantage. Users can buy, sell, and hold popular cryptocurrencies like Bitcoin, Ethereum, and Litecoin directly within the app. This accessibility has made cryptocurrencies more approachable to the average consumer.

1.4. High-Quality Mobile App
The intuitive and user-friendly mobile app is a testament to Revolut’s commitment to a seamless customer experience. Users can easily manage their accounts, set up budgeting tools, and make transactions with just a few taps.

1.5. Premium Features
Revolut offers premium subscription tiers with added benefits such as enhanced travel insurance, priority customer support, and access to exclusive card designs. These premium features cater to users seeking more comprehensive financial services.

Why is Revolut Bad?


While Revolut has undoubtedly gained a strong following, it is not without its fair share of criticisms and drawbacks:

2.1. Limited Customer Support
One of the most significant grievances users have with Revolut is its customer support. Many have reported difficulty in reaching a real person for assistance when encountering problems with their accounts. This lack of responsive customer support can be frustrating, especially in urgent situations.

2.2. Account Locking and Frozen Funds
Some users have reported their accounts being temporarily locked or their funds frozen for various reasons, such as security checks or suspected fraudulent activities. While these measures are intended to protect users, the lack of transparency and lengthy resolution times can be distressing.

2.3. Limited Financial Products
Revolut primarily focuses on banking and currency exchange, but it lacks a comprehensive range of financial products compared to traditional banks. This may limit the options available to users looking for services like mortgages, loans, or investment products.

2.4. Currency Conversion Fees for Free Users
While Revolut offers competitive currency exchange rates to its premium users, free users may still incur currency conversion fees on weekends or for certain currencies. This can lead to unexpected costs for those who opt for the basic, non-premium account.

2.5. Cryptocurrency Limitations
Although Revolut allows cryptocurrency trading, users do not have the option to withdraw their crypto holdings to external wallets. This limitation contradicts the ethos of cryptocurrency, which emphasizes ownership and control of digital assets.

The Future of Revolut


Despite its shortcomings, Revolut remains a prominent player in the fintech industry. Its rapid growth and innovative approach have forced traditional banks to reevaluate their services and fees. Revolut’s potential for future improvement lies in addressing its existing issues, such as enhancing customer support and expanding its financial product offerings.

Revolut has already taken steps in the right direction by obtaining a banking license in some regions, which will allow it to provide a broader range of services and better regulatory protection to its users. Additionally, the company is continually updating its app with new features and improvements, indicating its commitment to growth and evolution.

As the financial technology sector continues to evolve, Revolut’s ability to adapt and provide solutions to the evolving needs of its user base will determine its long-term success. If the company can strike a balance between innovation and customer support, it may very well become a significant force in the future of banking.

Summary

Revolut has made substantial waves in the financial industry by offering innovative and cost-effective solutions to a global audience. Its advantages, such as competitive currency exchange rates and cryptocurrency trading, have endeared it to millions of users worldwide. However, it is essential to acknowledge the platform’s shortcomings, including limited customer support, account locking issues, and certain fees for free users.

The future of Revolut holds promise, with the company actively addressing its flaws and expanding its services. As it continues to evolve and adapt to the ever-changing landscape of fintech, Revolut has the potential to redefine the way people manage their finances.

Ultimately, whether Revolut is a suitable choice for you depends on your specific financial needs and priorities. While it offers many advantages, it is crucial to consider its drawbacks and limitations carefully. As with any financial institution, conducting thorough research and due diligence before committing to Revolut is advisable to ensure it aligns with your individual financial goals and preferences.

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