The Cirus Ecosystem intends to gain significant userbase access and platform/application integrations for the CIRUS Token by crossing the bridge into the BSC Ecosystem with MultiChain.
CIRUS, the Cirus Platform’s native token, may now be bridged from the Ethereum mainnet to the Binance Smart Chain (BSC) via MultiChain.
MultiChain, formerly known as AnySwap, is a decentralized cross-chain solution that employs Secure Multi-Party Computation (SMPC) to move tokens and assets between blockchains safely and securely. Users can now use SMPC to transfer tokens and assets to CIRUS on the Ethereum and BSC blockchains and create compatibility and cross-platform capabilities.
This initiative is part of the Cirus team’s aim to expose the CIRUS Token and the Cirus Ecosystem to as many users as possible. The BSC just broke its previous record for daily network transactions and has routinely added hundreds of thousands of additional wallets to the network on a daily basis. Since the BSC Ecosystem has evolved so rapidly in recent years, this tie-in has been a priority for the Cirus team for quite some time.
Cirus will have access to a larger user base by merging with the BSC. The Cirus Ecosystem will benefit greatly from the CIRUS token’s compatibility with BSC-based systems and applications.
Cirus’ entry into the BSC Ecosystem could be a portent of things to come. Cirus was the first initiative to emerge from ZenX Labs, a component of the Unizen Ecosystem. ZenX is a financing incubator for both centralized and decentralized projects. Because Unizen is set to launch their Binance Cloud Exchange in the near future, it appears likely that CIRUS will be incorporated as well.
With the BSC bridge in place and a projected rise in users due to Cirus’s new, soon-to-be-launched browser extension, it appears like the groundwork is being built for a Binance listing in the near future. A formal listing on Binance will assist in further thrusting the CIRUS token and the Cirus Ecosystem into the mainstream, bringing new initiatives, partnerships, applications, and users into the fold – all part of the Cirus strategy to promote adoption and give people back control of their data.
Strong roots are always required at the protocol level, keeping with the Cirus Foundation’s holistic strategy, where seeds are planted at all levels from protocol to network, platform, and applications. This is why CIRUS began by integrating with Ethereum and Polygon. With the Binance Smart Chain integrations, expect more innovations and integrations from Cirus within projects and partners using the BSC platform.
Chingari, a homegrown video-sharing software, has developed exponentially. Sumit Ghosh, Deepak Salvi, Aditya Kothari, and Biswatma Nayak founded it in November 2018, and it now has close to 100 million downloads and over 32 million daily active users in India.
Chingari is now well-positioned to capitalize on its growing user base and popularity by launching its distributed ledger technology and cryptocurrency in October. Chingari has developed its own digital cryptocurrency, $GARI. The cryptocurrency launch and its top position on Google Play should continue to aid the app’s user growth.
Venture capitalists are bullish on Chingari’s long-term potential, as the company just raised $6 million in investment via $GARI’s Initial Dex Offering on the SolRazr platform.
$GARI is based on the Solana blockchain and offers quick, low-cost transaction speeds. Chingari has made it possible for influencers and other artists to monetize their content through a channel that facilitates the sale of tangible products and non-fungible tokens (NFTs).
Chingari’s user base in India has grown
Before publishing content, Chingari allows users to sing, lip-sync, dance, film various types of movies, create voice-over scenarios, display various humor, or create videos with music in the backdrop.
The software has also been built to accommodate users of various language backgrounds, with the possibility to utilize the app in over twenty languages, including English, Hindi, Bangla, Gujarati, Marathi, Kannada, Punjabi, Malayalam, Tamil, and Telugu.
This creator-centric platform attracts talent, which may lead to some of the most interesting material for consumers and generate and share video content. Users can also demonstrate their support for their favorite producers and musicians.
The app provides a user-friendly experience by including tools such as adding special effects and popular filters to videos, allowing for the creation of more engaging material. Users are not required to sign in to use the app. Furthermore, unique permission is required to access the mobile phone’s camera and microphone, safeguarding user privacy.
Chingari’s growing portfolio of solutions and user-friendly features has enabled the platform to compete with established behemoths like Facebook, Instagram, and Snapchat.
On Google’s Play Store, Chingari is now one of India’s most popular social networks. It is free to download from Google Play and is simply accessible to anyone who owns a smart mobile device.
If Chingari successfully attracts crypto aficionados to its platform, it should keep its top position on the Play Store.
When you check your social media accounts or read the latest crypto news, you’ll see that NFTs are all the rage these days. These non-fungible tokens are consistently on the rise, so much so that many crypto enthusiasts believe that it will pave the way for more people to adopt crypto.
However, despite its massive popularity, many people still don’t understand why a considerable amount of money is spent on something like NFTs, which are essentially non-functional.
In response to this general confusion, the community of NFT supporters explained the appeal of these tokens. For one thing, you have bragging rights. Other than that, NFTs undoubtedly pique our curiosity and fascination, not to mention how artists can earn a massive amount of money from their art.
However, the question remains: can you use NFTs for something? Do they have any significance in the real world?
Photo by Jonathan Borba on Unsplash
According to a report by Bloomberg, Kraken is working on an NFT marketplace. This marketplace will also function as a lending platform where customers can use NFTs as collateral. This information came from Kraken’s founder, Jesse Powell.
During the Bloomberg interview mentioned above, Powell said that he believes NFT adoption will transform in the future, ultimately finding practical uses for these tokens. Considering the real world and how lending is relatively widespread, he believes acting as collateral is how NFTs can be of actual use.
The report explains that the exchange platform Kraken is developing a system that can calculate the liquidation value of every NFT. This way, customers can use their prized non-fungible tokens if they need to borrow some funds. Powell says that if you ever decide to deposit an NFT on Kraken, they want the exact value of that item to reflect in your account.
The Adoption of NFT Came as a Surprise
At this point, many different industries and communities began joining the crypto world due to NFTs. Artists, musicians, politicians, investors, collectors, and more — you name it. Essentially, almost everyone wants a taste of the NFT craze. Powell found it quite “shocking” how easy and quickly NFT’s popularity grew. He says that the community spent ten years convincing people why they should be interested in Bitcoin.
In retrospect, the quick adoption of NFTs makes sense because so many world-renowned people and events were always talking about them. NFTs like NBA Top Shots most likely contributed to the hype.
Photo by Pawel Czerwinski on Unsplash
Powell believes that NFTs will leave a mark in history, especially since they are beginning to become mainstream. Kraken’s founder isn’t the only one who believes this sentiment, though. Countless other CEOs have expressed the same ideas, saying that NFTs will most likely snowball by 2022.
In 2021 alone, NFTs had a total sales volume of over $12 billion. We have Beeple’s unforgettable sale of their art entitled Everydays: The First 5000 Days, worth $69,346,250 or 38,525 ETH. Of course, we also can’t forget the Bored Ape Yacht Club’s 7-day sales volume, which reached $34.1 million.
The NFT industry continues to grow with each passing day, and it appears that Kraken isn’t the only exchange looking to offer lending services via an NFT marketplace. 2022 will undoubtedly be an exciting year for NFTs, and we look forward to seeing what else they can offer.
The year 2021 produced market results that most investors wish for. An environment of uncertainty created by the pandemic, along with increased online trends, saw biopharma and stay-at-home businesses such as delivery companies, work-from-home stocks such as Zoom, and home entertainment stocks such as Netflix thrive. Even tech stock sell-offs presented opportunities for investors to buy the dips.
Energy crises, supply chain disruptions, and logistical disturbances, as well as an environment of increasing inflation, paved the way for uncorrelated assets like cryptos to thrive.
Solana was by far the largest winner of 2021 from the crypto class, with gains of almost 9649 percent, followed by Ethereum, which climbed 265 percent thanks to its mass utility for DeFi and other programs. Bitcoin had a rough year, but it still managed to earn more than 65 percent in 2021.
How should you manage your cryptocurrency portfolio with so much uncertainty heading into 2022?
Here are our top five suggestions.
Risk Assessment
Many cryptocurrency experts believe that you should only commit up to 5% of your portfolio to cryptocurrencies. As we all know, they are volatile investments that can fluctuate by an astounding 10% or more in a single day.
Look for usefulness
While Bitcoin is the king of speculative assets, it began as a mechanism of global monetary exchange. It did not work out that way because of its volatile character, which makes it unsuitable as a payment method, but it does provide opportunities for investors and day traders. If 2021 taught us anything, it’s that the true crypto winners are those with meaningful utility and real-world application. Consider Ethereum and Solana as examples. When investing in cryptocurrencies, consider the projects or systems that underpin them. What kind of utility do they have? How many projects do they host on their networks? How many users do they have? This is a solid sign of a future winner. Meme cryptos are adorable, but do they have any real-world applications? Most likely not.
Pay attention to well-known investors
The TikTok investment influencer rose to prominence in 2021. With many novice traders unsure of how to invest in cryptocurrencies, they followed the advice of Instagram and TikTok celebrities. The terrible side of this narrative is that these influencers lack established track records of trading success, and as the phrase goes, “those who can do, those who can’t teach.” Instead, concentrate on imitating real traders. You can do so through social trading sites such as NAGA and eToro.
NAGA is a publicly-traded corporation, and all of the trade leaders are very open about their trading successes. You can check how their portfolios are performing and the level of returns they are bringing to their copiers. Copy-trading allows you to repeat their trades automatically, and the best thing is that you don’t have to be a trading expert to do it. It enables the trade leaders to conduct all of the research and strategy on your behalf while you benefit from their experience.
Diversification
Diversification is the process of exposing your portfolio to as many various types of assets, markets, industries, and countries as possible, so that if one fails, the others may prosper. In the context of cryptocurrencies, this implies don’t just buy Bitcoin; instead, diversify your capital over a variety of cryptocurrencies. Gain exposure to cryptocurrencies by purchasing them, trading them, or investing in stocks tied to them, such as mining firms and crypto platforms. Diversification is the key to your portfolio’s ability to weather any storm.
Dividends and other forms of passive income
Unlike some equities, cryptos do not pay monthly dividends, but they allow you to stake them for passive yield. Investigate staking, loaning, and lending protocols in 2022 to make your idle tokens work hard for you.
In conclusion
We only know that the markets will have a turbulent year in 2022. On the other hand, this type of setting causes volatility, which, when appropriately exploited, provides an opportunity for investors and traders. More money is being poured into the crypto sector than ever before, thus this asset class is primed to have another exciting year. The key to managing your cryptocurrency portfolio is to maintain your capital as long as possible while extending rewards and limiting risk. If you follow the advice above, you will have a solid basis for the coming year.
Bancor celebrates reaching a big milestone after burning more than 2 million BNT, around nine months after the Vortex feature was introduced.
The distinction between BNT and vBNT
Unlike other AMMs, Bancor has single-sided liquidity pools, all of which use the protocol’s native BNT token as its counterpart, which has an elastic supply. Users who want to add project tokens to a liquidity pool require the project token because the Bancor protocol can automatically mint any quantity of BNT if necessary.
On the other hand, BNT holders can provide liquidity, relieving the protocol of the need to manufacture fresh tokens. In exchange, they obtain vBNT tokens in a 1:1 ratio, which may be used to vote in the decentralized governance of Bancor DAO. This also allows you to stake BNT tokens in liquidity while using them as collateral for a loan by selling vBNT briefly and buying them back to unstake BNT.
The elastic supply of BNT also allows liquidity providers to be protected from the impacts of Impermanent Loss. Bancor released the Impermanent Loss insurance in October 2020, but with several limitations. Impermanent Loss insurance began accruing 30 days after depositing project tokens as liquidity, and liquidity providers had to wait 100 days to become fully insured.
When Bancor v3 was released last month, these restrictions were removed. Liquidity providers are now immediately shielded from Impermanent Loss. They now receive the exact token quantity they initially specified while withdrawing their liquidity.
Because the Impermanent Loss insurance mechanic puts BNT stakeholders at risk, Bancor introduced the Vortex function in April 2021. This established a mechanism that takes a fraction of all trading fees collected on the decentralized exchange and uses the proceeds to burn vBNT tokens in order to encourage BNT holders to stake their tokens.
This component (“Burner rate”) was initially set at 5% but was increased to 10% in June. In October, a snapshot vote passed, increasing the Burner rate to its maximum of 15%. Recently, a suggestion has been made to launch a Burn Day event, which would set the Burner rate to 100% for 24 hours to promote awareness about Bancor’s tokenomics.
According to Bloomberg, one of the most ardent proponents of the crypto business in US politics is planning to introduce a complete bill to provide regulatory certainty.
Bill needs the support of both parties
The Republican senator is hoping for bipartisan support for her measure, and she is encouraging voters to contact their senators and reps. According to the study, Republicans and Democrats are evenly divided in the United States Senate. In the event of a tie, Vice President Kamala Harris will vote to break the tie.
The law, if passed, would provide regulatory clarification on which sorts of tokens belong into which asset class, as well as more clarity on taxation and stablecoin regulation. The latter, in particular, should have bipartisan backing. Stablecoins, according to industry executives, need to be more carefully controlled, according to a hearing organized by the House Committee on Financial Services, which invited several high-ranking crypto CEOs to testify.
Lummis herself is a Bitcoin owner
The law appears to have a decent chance of passing. Despite the fact that many Republicans have positioned themselves as staunch crypto supporters in recent years, pro-crypto legislators can also be found among Democrats, with some even reporting to have invested in crypto assets.
This information is made available by the Stop Trading on Congressional Knowledge Act (STOCK), passed in 2012. Cynthia Lummis announced in October 2021 that she had purchased Bitcoin for a total value ranging from $50,000 to $100,000 USD.
Despite STOCK’s new requirement of disclosure, some MPs are being chastised for investing in Bitcoin and other digital assets. Alexandria Ocasio-Cortez stated earlier this month that legislators should not participate in any form of individual assets to remain unbiased. In response to an inquiry on social media about whether she had invested in cryptocurrency, she stated:
Arcade, a DeFi marketplace and lending platform, has finished its Series A investment round, raising a total of $15 million USD.
Arcade seeks to introduce liquidity to NFTs. To that end, Arcade is developing a DeFi lending platform that will employ NFTs as collateral. Gabe Frank, Arcade’s Co-Founder, explains:
The DeFi industry presently has over $200B in Total Locked Value, with NFTs accounting for a large percentage of that value; nevertheless, despite massive market caps, the absence of infrastructure in DeFi hinders NFT holders from reaching liquidity on their holdings.
Previously, Arcade enabled the first $800,000 on-chain loan against an NFT portfolio. Pantera Capital, Castle Island Ventures, and the Franklin Templeton Blockchain Fund have all contributed to the lending platform’s 15 million USD in fundraising. Lauren Stephanian, Principal at Pantera Capital, shared her thoughts on Pantera Capital’s choice to invest in Arcade:
We are really thrilled about Arcade’s potential to usher in the next stage of NFT advancement. The collateralization of this new asset class by Arcade will encourage participation by new entities from both the traditional and digital art and finance worlds, such as institutional lenders, high-net-worth individuals, DAOs, companies with NFTs on their balance sheets, and NFT collectors and creators.
How does Arcade work?
Borrowers want to use one or more of their NFTs to collateralize a loan on Arcade mint a wrapped NFT. They can then freely choose the terms of the loan, such as the amount, interest rate, and length. Any lender who agrees to these terms is then free to accept the loan offer.
Borrowers must repay the loan amount plus interest before the loan matures. Lenders can claim all of the parts contained in the wrapped NFT in the event of a default.
The concept of what Arcade refers to as the Pawn Protocol, on the other hand, is not new. NFTfi was the first DeFi platform to provide this service in 2020. Earlier this year, NFTfi approved a 1.4 million USD loan with Autoglyph #488 as collateral.
If you want to get in on the action and start playing online casino games, you will want to learn more about how to conduct safe and secure transactions. Each operating site will have a different list of methods that can be used to manage your funds. Real money players will have to choose a supported option to make a deposit or conduct a withdrawal. Playing games and collecting payouts is a safe process and the top online casinos take all steps to make sure that your sensitive information is protected at all times.
Here, we take a look at the different methods that you will find at websites and how you can start making a deposit to access your favorite games. We also discuss the terms and conditions of making a withdrawal and walk you through the process of collecting your payouts.
Popular Payment Options
As stated, each online casino will have different methods that are available and these can vary based on your location. In India, players will find they have many trusted methods that can be used to conduct transactions safely. Whether you are making a small or large deposit or are cashing out funds, your transaction will all be processed through encryption software to make sure you are always protected.
Bank Transfers – These are very common with online gamblers. The process is simple. You will choose how much to deposit and funds will be transferred from your bank account directly to your online casino account.
Credit Cards – Since most gamblers already have a major credit card, you will find leading sites allowing for payments using MasterCard and Visa.
Net Banking – This is available to all Indian players who have a bank account. Net Banking casinos are affiliated with major banks in India and provide a fast way to transfer funds between the two accounts.
Ewallets – These have become a leading choice for many who do not wish to provide a casino with their bank details. Services like Skrill, Neteller, and PayPal are trusted options. You will open an account, fund that account using a credit card or bank transfer, and then be able to send funds from your e-wallet to the casino. This option also supported withdrawals.
Making a Deposit
To make a deposit at your selected casino site, you will just have to create a new member account, log in, and head to the casino cashier. Here, you will see a complete list of supported methods. You will choose one and enter the amount of the deposit. Follow the instructions on the screen to complete the transaction and enjoy an instant deposit with no additional fees. Deposits can safely be made when using any PC or mobile device. Make sure to note the minimum deposit amount as these can vary per site.
Collecting Payouts
After you have played real money games, you can request a withdrawal of funds. If you are making your first withdrawal, you will have to complete a KYC process. This is a process used to verify your identity and no withdrawal can be conducted until this is complete. Once this is done, you can choose a payment method and an amount to withdraw. Casinos will have a minimum and maximum limit in place.
After submitting the request, the casino will review the transactions. This is called a pending period and it can take anywhere from 24 hours to a few days to complete. Once approved, your requested funds will be sent via the chosen payment method and you will be able to enjoy the payouts that have been won from playing games.
If you have claimed any bonus, be sure to meet all wagering requirements. This must be done before you are able to withdraw any bonus payouts that have been generated.
Cyber security and data protection have become quite important as we all use a great deal of time online. What can we do to create a safer online environment for ourselves? This article will provide you with 3 simple tips for better safety online.
It has become quite common for most to handle all sorts of different activities online and through these activities we often end up giving up a great deal of information. This can be personal and maybe even sensitive information that is required to create a user and so on. Data gathering has become standard as data has become an asset for most companies.
And last but not least in our online shopping activities, we must give up our credit card information. Almost everyone has done this a great number of times. When it is impossible not to have to give up information to do things online, what can we do to secure ourselves while using the internet? Here are 4 tips for safer online habits.
Strong and variated passwords
It can be difficult to remember a wide range of different passwords, which is why most people end up using the same password or a variation of it. This should no doubt be avoided as it is much easier for unwelcome users to get access to your data if your password is both weak and recycled. Use this generator to create a random password if you have trouble finding a good password. This will present you with ideas for passwords that are probably not like any of the ones you have used before. Your password should be random so that it is more difficult to guess.
Use secure sites
Keeping an eye out for safe sites is vital to stay safe online. There is an enormous number of sites to visit and many of these sites could be shady. One simple and easy way to check the safety of a certain site is to look at the IP address. If you find an S in the HTTPS, you should be safe. Or if you see a symbol of a lock before the IP address. These two are signs that mark a secure website. Otherwise, you should use your rational sense. If a site looks shady, it probably is.
Install a VPN
If you want to ramp up your online security, you can install a VPN, a Virtual Private Network. A VPN can privatize your connection by hiding it. By hiding your IP address, the VPN lets you surf online in total anonymity, making it impossible for anyone to track your activity. This has become important for many users, and to match the interest different brands of VPNs are emerging. If you want to make sure that you are on a private connection when you are online, you should install a VPN.
To be sure that you choose a good VPN, you should find a guide for the best VPNs in the past year.
Business man and woman are going on business trip.
Business operations can come in anytime, whether you’re at home or on the road. Business managers often perform transactions while traveling from executive business meetings to carrying out field surveys and sealing deals.
This responsibility comes with peculiar demands that business travelers must meet, and technology is the trustworthy companion. However, it’s crucial to recognize the necessary tools to make traveling a productive business time.
For business travelers who want to stay in touch with their businesses and get quality work done even while on the road, the following 10 essential tech tools will make the operation more simplified:
1. Online Faxing Services
Online faxing comes with many advantages that make it an excellent tool for business travelers. No matter where they are on the road, business travelers can enjoy the convenient benefits of faxing online. Among others, it allows them to send and receive faxes via emails, enabling them to receive and attend to important business documents on the go. Unlike a physical fax machine that cannot be carried along while traveling, an online faxing service follows you wherever you travel for business operations.
2. Cloud Conferencing App
Cloud conferencing apps allow travelers to easily share resources such as essential business documents, spreadsheets, presentations, and so much more while in transit. This way, they can keep up with the topics discussed during meetings and access relevant information that improves productivity and effectiveness.
Instead of sending emails whose intent can be easily misconstrued, travelers can see visual cues in body language from associates, colleagues, or customers they’re communicating with within web conferencing.
3. Tracking Gadgets
Tracking gadgets are great for helping business travelers have centralized control over the mobile units of their businesses. For example, businesses providing company vehicles for salespeople and other employees to use during work hours can ensure that employees in the field remain focused and committed and do not misuse or take advantage of company assets and resources.
As an example of tracking gadgets, the Global Positioning System or GPS is also helpful for travelers in planning routes before making a trip. While traveling, they can type in a route and review the various turns and distances involved before taking the trip to avoid personal and business risks.
4. Electronic Reader
An electronic reader is a portable device that enables travelers to carry books. This is a must-have for business travelers who love to read or are required to absorb a lot of information that’s too heavy and large, and smartphones are too small to contain.
The e-reader makes it comfortable and easy for books to read. Business owners can also have continuous access to the business libraries while in transit through the e-reader. They can distribute documents, plan reading routines, receive updates in real-time, and even sign business documents.
5. Wireless Headphones
Wireless headphones, especially those with noise-cancellation features, are essential while traveling for business. Wearing them on a long flight can help travelers maximize their audio and video time without having to disturb other people or hearing noises from other passengers.
This device can serve both relaxation and informative purposes—travelers who intend to learn while traveling will find wireless headphones very useful. The perfect headphone for business traveling is the lightweight model with a large and robust battery capacity. This makes it last and serves its purpose for a long time.
6. External Power Bank
Carrying a lot of gadgets while traveling can consume a lot of your energy. Therefore, an external battery charger will be very much necessary. When you have this with you as you travel, you won’t worry about draining your battery or struggling to find the nearest source of electricity around you.
Geschäftsmann mit Gepäck auf Reisen am Flughafen im Sommer
In choosing a power bank, one should consider the battery’s capacity and ensure its compatibility with the device you intend to use it with. It should also have an appropriate USB cable. It would help if you considered a power bank with multiple USB ports to charge various devices. The portability of the power bank is also a noteworthy feature. Moreover, power banks meant for travel should be lightweight and sleek, making them easily portable.
7. Portable Router
An internet connection is one of the things traveling business persons need and may not be able to do without. Considering the endless possibilities of what can be done with the internet, a portable router proves a necessary tool while traveling. A router extends the range of existing wireless networks.
Moreover, a portable router will make connecting with a weak wireless network in different locations more accessible. This means business travelers will be able to connect to networks they may not have previously been able to connect to. Additionally, a travel router can create a secure and reliable wireless network at a public hotspot, making the user’s device much more secure.
8. Travel Ticketer
With a travel ticketer, travelers for business operations can get the best hotel deals in various places they travel to. The tool compares and suggests the best hotel options allowing travelers to find the option that suits them the most. This removes the stress of searching for a hotel in new travel locations.
9. Wi-Fi Finder
Sometimes, it isn’t easy to find an internet connection in specific locations. Wi-Fi Finder is an app that helps you find available hotspot connections while traveling so you can stay connected and in touch with the necessary information and business operations. The app operates in more than 650,000 locations and 140 countries worldwide, making it one of your most reliable travel tech tools.
10. XE Currency
The XE Currency is an app that helps travelers convert their currency into the local cash of the location they travel to. If you travel to China as an American, you can convert your dollar prices to Chinese yuan using this app. The tool can convert as many as 180 currencies. It’s free and easy to use wherever you are to keep users in touch with current exchange rates.
Last Word
The tech gadgets above are some of the most essential for traveling business persons. With them in place, travel becomes more accessible, and travel time can be invested in productive business activities. The next time you’re going on a business trip, make sure you have these tools—the ones that suit your business and travel needs—to make it easier for you to achieve your itinerary.
