Showing posts with label defi. Show all posts
Showing posts with label defi. Show all posts

Tron (TRX) Price Value Surges As Mushe (XMU) Enters Presale...

Plenty of self-made crypto millionaires have come forward and shared their secrets online. Watch out for this week's crypto news and do not miss out on your opportunity to generate millions with digital finance.

How To Get In On Crypto 

Almost everybody invests in crypto, as it can become a second income when done properly. But the market has been down recently and this does not encourage people to join the cryptosphere. 

Maybe you want to start investing but are scared of the risks that come with being a beginner investor. One thing you must know is that the best time to buy crypto is actually when the market is down, and that is now.

As many worry about investing in the wrong digital asset and losing money, do not make the same mistake and consider investing in these two coins. The crypto market has recently pushed beyond the $2 Trillion wall and many investors have seen their returns. Do not miss your chance and watch out for Tron (TRX) and Mushe (XMU).

Profits For This Week

Tron (TRX)

Launched in 2017, TRON (TRX) is a decentralised blockchain-based operating system created by the Tron Foundation. 

According to the whitepaper, the long-term objective of Tron is to accelerate the internet’s decentralisation. As such, the platform includes a variety of innovative decentralised project offerings.

The platform functions as a tool for developers to create dApps and consequently, it is an alternative to Ethereum. The TRON software supports decentralised applications (dApps) as well as smart contracts.  

Additionally, the platform allows any investors to create dApps on the TRON network, offer content, and be rewarded with digital assets.

The platform's governing coin is the TRX token and is used for the payment of fees on the Tron blockchain. As more projects surge, the more TRX tokens circulate as the price value increases.

According to, the token acquired 10% in the last 24 hours and is currently the 24th largest coin by mark cap. The TRON price today is $0,074048 with a live market cap of $7.5 Billion.

Mushe (XMU)

The XMU Token serves as the utility token to the Mushe Ecosystem and is a decentralised cryptocurrency that provides peer-to-peer interaction, rewards, and governance utility.

The platform is recent to the market but investors are already praising it for its innovative features. It has a Mushe Wallet which allows users to buy and exchange crypto coins.

It also includes Mushe DeFi for voting, playing in the lottery and plenty of rewards programs and a Mushe Chat, a social platform that bans third parties and other investors from accessing the personal details of users.

With a strong Metaverse presence, the platform contains a Mushe Verse. It is a place for users to socialise, play and earn in the Metaverse ecosystem. 

Similarly, Mushe (XMU) is aware of the recent NFT hype and has included Mushe NFTs. These symbolise ownership of Mushe services and can be purchased with the token.

The token is currently in its presale which makes it the best time for you to invest. Buy Mushe now for cheaper and sell it for higher once the price value increases.

Join Mushe’s Presale:






Information Provided Via Guest Post Submission

Content not created, evaluated, or endorsed by Global Crypto Press Crypto & NFT Press Release Distribution

There's a MULTITUDE Of Reasons Why Bitcoin and Ethereum Just Broke New All Time Highs...

Cryptocurrencies are off to a good start this week.

Ether, the world's second-largest digital currency, rose more than 4% in 24 hours on Monday to a new all-time high of $4,700. According to Coin Metrics statistics, the token was last trading at $4,740.

Bitcoin, meanwhile, rose 7% to $66,250, edging closer to a record high of $66,900 established in late October.

The reason for the relocation was unclear. Cryptocurrencies are notorious for their extreme volatility, with price fluctuations of up to 20% higher or lower being very usual.

A $70,000 price for bitcoin now "seems imminent," according to Mikkel Morch, executive director of crypto hedge fund ARK36.

"Importantly, the increase does not appear to be driven by leverage, but rather by increased demand on the spot market, where there is currently very little sell-side liquidity," Morch wrote in an emailed note on Monday.


It comes as interest in DeFi grows, but regulators have recently taken notice, and experts have warned that a crackdown is on the way.

Ethereum also serves as the foundation for several nonfungible tokens, or NFTs, which act as digital receipts for rare commodities such as online art.

This year has witnessed a surge in activity, with one token selling for a record $69 million at Christie's.

Even yet, either has some stiff competition. Rival tokens like as solana and cardano have seen significant price increases this year.

Video Courtesy Of CNBC

US SEC Begins 5 Year Contract To Monitor DeFi Activity with AI and Machine Learning...

SEC monitoring DeFi

The SEC has hired a company out of California named 'AnChain AI' and begun a 5 year contract reportedly costing $625,000 - with the goal of  implementing greater oversight over the world of decentralized finance platforms (aka DeFi).

Company CEO and co-founder Victor Fang says they "will provide the technology to analyze and track smart contracts". AnChain AI says their software uses artificial intelligence and machine learning, and includes a tool that flags potentially suspicious transactions and wallets.

Fang says the big picture is to stop “post-incident investigations” by preventing the incidents to begin with, which he describes as “defense all the way up the upstream”.

They list Microsoft and crypto exchange Huobi as clients.

The SEC Has Not Yet Commented On The Deal, But Recent Quotes From It's Director Give Us Some Insight...

Since April of this year Gary Gensler has been the director of the SEC, and he isn't new to Bitcoin - he taught a class on it at MIT.  So many give him the benefit of the doubt when he says the organization's goal is always to protect investors.

With so many politicians clearly uneducated on crypto, supporters hope that his knowledge about Bitcoin will translate into common sense regulation actions.

Gensler recently spoke to the Wall Street Journal, where he stated that DeFi projects are not immune to regulation, and aren't as decentralized as many believe -  often having some centralized elements.

Likewise, even if the app itself is decentralized, if a small group of developers make all the decisions for it, that's a form of centralization as well. 


Author: Mark Pippen
London News Desk / Breaking Crypto News

Institutional Investors Better Learn What Decentralized Finance (DeFi) is, and Soon - Or Prepare To Get Left Behind....

Nothing makes this point better than the fact that this video comes from TD Ameritrade's YouTube channel.

“We’ve had a major change in the paradigm of the market. You’re going to increasingly hear about decentralized finance and hear less talk about #bitcoin within the coming years.” says Richard Rosenblum, Co-Founder & Head of Markets at investment firm 'GSR'

As DeFi Funds Disappear, Crypto Community Learns, AGAIN - 'Anonymous' Founded Projects Bring Increased Risk...

Money disappearing
"Yfdexf.Finance" clearly named to resemble the highly successful Yearn.Finance, has suddenly disappeared carrying $20 million from users who hoped it would be the next big thing in DeFi.

The 'liquid mining protocol' spread fast by turning traders into promoters - promising rewards for retweets and shares.

Blinded by the potential for high returns achieved by so many recent DeFi projects, people aren't thinking before investing like they normally would - waiting just one or two days to properly research something is long enough to 'miss the boat' in the fast moving world of DeFi.

Disappearing along with the victims funds is the project's website, social media accounts, their blog on Medium, and every trace that they ever existed.

So - who's to blame? Nobody knows!

Like ICO's at one point - DeFi has reached that phase where "lets give $20 million to strangers on the internet" doesn't immediately sound insane...

Even some 'legitimate' projects have discovered issues.

Scammers with bad intentions aren't always behind a projects failure  it could be as simple as code errors as some legitimate projects learned. This happened with 'Hegic' which froze everyone's funds because of a typo. This happened early with only a few thousand invested.

But investors had put $750,000+ into another platform called 'YAM' before bad code that minted excessive tokens in the YAM reservation contract was discovered. The project was a roller coaster as YAM went from $0 to $138 and back to $0 in a matter of days.

Then, earlier this week accusations were made against Swerve (SWRV) claiming that code in the smart contract gave it's anonymous creator the power to pause everything . Swerve promises interest upwards of 250% and now holds over $500 million USD in it's smart contract.

Decentralized Governance argument...

The case the creators of these platforms will make is that they don't matter, because they aren't in control. Token holders vote on what happens next, and majority rule - "Decentralized Governance" has taken the place of the traditional 'team' behind a project.

The problem is, the creators always reserve a chunk of tokens for themselves, they make sure if it's a success they will rewarded, usually generously.

The question the community needs to decide is - can they be both unaccountable for anything that happens after launch, and financially rewarded as long as people continue to use their creation?

Is the deal too good? Anonymous DeFi projects creators get to position themselves to profit if successful, but face no consequences for failure, even if they are the reason for it's failure because something like an error in the smart contract's coding.

A lesson learned, again...

This exact thing happened in the days of ICOs, and eventually people learned not to invest in anonymously founded ICOs.  Human nature says it's a bad idea to give millions of dollars to anything where no one is accountable for what happens next.

Does it mean every anonymous DeFi project is bad? Absolutely not.

It does mean we need to remember something we already knew - you're taking a much larger risk investing in anything that hides the names of those behind it.

It sounds so obvious, but there's hundreds of millions of dollars on the move that indicate many have forgotten this.

Mark Pippen
London Newsroom / Global Crypto Press News

New Mode! Finxflo Launches The First Ever Hybrid (DeFi + CeFi) Liquidity...

Finxflo DeFi
Finxflo is the first-ever global DeFi-CeFi hybrid liquidity aggregator. The platform allows users to trade, lend, borrow, stake, farm, and yield farm their coins from a single one- stop solution, combining liquidity of more than 50 individual centralized and decentralized ecosystems. Moreover, Finxflo is always identifying the best rates and prices, enabling its users to utilize them for their benefit.

Since the beginning of 2020, the majority of cryptocurrency investors became highly aware of the DeFi potential. DeFi (Decentralized Finance) is, basically, a structured and interoperable financial sector based on decentralized platforms such as Ethereum. Currently, there is almost $7 billion of value locked in various DeFi projects and a total market capitalization of over $15 billion. Thus making DeFi a catalyst for growth in the cryptocurrency market, with just 1% of crypto investors involved. The market can only grow from here.

Despite all the DeFi enthusiasm, the majority of trading still transpires on highly centralized, mutually detached trading platforms. Therefore the liquidity is dispersed across the global market, losing a part of its potential. The fees in the DeFi market tend to also be rather high.

Furthermore, an average user still struggles to understand complex smart contract functions and navigating unfriendly interfaces. This is exactly why Finxflo is bypassing these challenges and creating a more efficient trading environment. With its innovative approach, Finxflo is becoming the go-to solution for digital asset management by creating both DeFi and CeFi aggregators.

How Does Finxflo Work?
Finxflo implements a unique set of smart order algorithms to always offer its users the best prices and rates. The system dubbed Hybrid Aggregation Engine combines DEX (decentralized exchanges) and CEX (centralized exchanges) liquidity, making Finxflo the ultimate single gateway to cryptocurrency trading and investing. DeFi contains broad liquidity and CeFi is more user friendly. Finxflo has combined the power of both. Crypto users can control and allocate their funds to more than 50 different DeFi and CeFi services from one single account.

Finxflo is also operational on mobile platforms via mobile app. With its One-Click mechanism, all users are able to automate all desired operations through customizable action plans. This ultimate user-friendliness is making Finxflo ideal for retail investors who need to manage their assets on the go. The platform is also highly appealing for institutions diversifying into crypto investments. This is because institutional investors are able to blend Finxflo with their existing infrastructures through API integrations. Thus retaining their workflow whilst adding this revolutionary technology to their business.

The whole Finxflo system is based on the FXF token which is generated by doing what investors do - trade and invest on the platform. Additionally, FXF will be distributed for farming and yield farming, which is the process where investors utilize their tokens to generate income.

Highly Flexible, Efficient, and Secure
Just like any other asset class, scalability is paramount. Finxflo is able to scale horizontally, in accordance with server workload fluctuations. By distributing data backups among individual nodes, the system neutralizes the possible damage of individual node failure. This is especially significant in the unlikely event of a platform downtime. Should this occur, all the data remains secure and most importantly, re-usable when the platform resumes operation.

Meanwhile, all users’ funds will be protected by SGX (Software Guard Extensions) and MPC (Multi-Party Computing), integrated onto the platform by Fireblocks. These security systems, the most guarded in the industry, neutralize the possibility of a hacker’s attack. Should a highly unlikely breach occur, Finxflo’s client funds are insured by a policy of up to $150 million. Finxflo processes all the incoming records instantly. Consequently, this accelerates the execution as the system does not accumulate micro-batches before processing them.

Moreover, FXF uses the latest and best tech achievements to be able to withstand thousands of operations per second, making the system congestion close to null. Meanwhile, the platform enforces risk monitoring and fraud detection in accordance with the highest industry practices and security standards.

When talking about legal security, it is important to emphasize that Finxflo was successfully granted an exemption by the Monetary Authority of Singapore (MAS) under the grandfathering provisions of the act, effectively permitting Finxflo to continue its operations whilst regulatory approvals are obtained.

Finxflo’s Team of Highly-Skilled Professionals
Co-founded by James Gillingham, Thomas Plaskocinski, and Liam Patrick Jones, Finxflo is led by experts with the likes of Royal Bank of Scotland, Société Générale, Simex, and UBS in their jobs portfolios. Furthermore, Mark Hammond, Stefano Virgilli, and Dr. Anthony O’Sullivan provide invaluable support for the team from their past work experience with giants like CitiBank, Merrill Lynch, any Lloyds Bank.

Looking at the whole package, Finxflo offers a revolutionary and highly disrupting ecosystem that is bridging the gap between a number of various, previously detached DeFi and CeFi products and services. Its DeFi and CeFi aggregator, along with a mobile-friendly platform solution represents a groundbreaking improvement in what used to be a newbie-unfriendly crypto environment. The full scale operation is to be released in phases across the remainder of 2020 and the beginning of 2021, with the global market expansion as the ultimate goal.

If you want to know more about the project, refer to the links below:

Information Provided via Press Release
Distributed by Global Crypto Press Association Press Release Distribution

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