US Senators Seek Stronger Sanctions on Venezuela’s ‘Petro’ Cryptocurrency 1605

A bipartisan group of U.S. senators is pushing for tighter sanctions against Venezuela’s state-backed cryptocurrency, known as the petro.

The bill, known as the Venezuela Humanitarian Relief, Reconstruction and Rule of Law Act of 2018, covers a range of areas related to Venezuela, including proposed humanitarian aid to migrants from the country and efforts to support “restoring democracy” amidst its long-running economic crisis.

The bill is sponsored by Senators Bob Mendendez, Marco Rubio, Bill Nelson, John Cornyn, Dick Durbin, David Perdue, Ben Cardin, Ted Cruz, Tim Kaine, Michael Bennet and Patrick Leahy, according to LegiScan. It was first introduced on September 24.

It notably includes a section mirroring an executive order signed by U.S President Donald Trump in March that imposed sanctions on the petro, which Venezuelan President Nicolas Maduro unveiled last last year. The controversial cryptocurrency has drawn criticism and condemnation from some quarters while the government there itself has sought to implement it across a variety of industries. Earlier this week, Maduro said that a public sale of the petro would begin next month.

Yet the Senate bill takes Trump’s executive order a step further, barring U.S. residents from providing “software” to the Venezuelan government as part of its efforts to launch the petro.

“All transactions by a United States person or within the United States that relate to, provide financing for, provide software for, or otherwise deal in any digital currency, digital coin, or digital token, that was issued by, for, or on behalf of the Government of Venezuela are prohibited beginning on the date of the enactment of this Act,” the bill states.

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Roxe Launches First Set of DeFi Liquidity Pools to Provide B2B FX Rates 4171

Roxe (www.roxe.io/), a blockchain infrastructure company that is powering the next generation of payments and digital commerce solutions, today announced the launch of its Roxe Payment Protocol (RPP) USD/EUR, USD/GBP and USD/PHP (Philippine peso) liquidity pools, which is the world’s first set of DeFi liquidity pools that allows its partners to send cross-border payments at wholesale FX rates.

The RPP combines the real-time Bid and Ask FX rates from financial institutions globally. Every minute, Roxe averages the midpoint of the rates, setting a single target FX rate for its partners to utilize. The B2B FX rates free up any capital held by current partners in nostro vostro accounts, eliminating pain points and the reserve requirements currently in place to send cross-border payments to the European Union, the United Kingdom and the Philippines.

“We are thrilled to launch the world’s first set of DeFi liquidity pools that provides FX at a wholesale rate, bridging the world of DeFi and TradFi through remittances,” said Josh Li, Chief Business Officer of Roxe. “The Philippines’ remittance market alone is one of the largest in the world, so this is a huge step forward for cross-border payments and a key moment in the evolution of Roxe’s platform. Based on our internal benchmarking analysis, RPP’s mid-market FX rates for these three currency pairs are up to 1% better compared with other leading commercial FX services.”

Liquidity pools are the backbone of the Roxe Instant Settlement Network (RISN) FX capability and are utilized for each currency pair supported on the platform. With growth through integrations of additional partners, the liquidity pools increase, resulting in greater amounts of send and receive currency pair pools.

Over the past few months, Roxe has ramped up product and partner expansion and recently partnered with GME (Global Money Express), who have integrated Roxe’s technology and Roxe Instant Settlement Network (RISN) to generate greater value for their end customers. Roxe was recently shortlisted as a finalist for the Bank for International Settlements (BIS) G20 TechSprint challenge on central bank digital currencies (CBDCs), and has added over 40 partners to its global payment community, including ECS Fin, Axletree Solutions, N2Xpress, Global Money Express, Fairexpay, Rana Express, iPay, and Treviso.

About Roxe

Roxe is a global payment network unlocking the future of finance with fast, flexible and cost-efficient blockchain payment solutions. Roxe’s blockchain-enabled network efficiently moves and exchanges value by removing the barriers of time, geography, and currency. Roxe was built to unify the highly fragmented financial market, enabling payment and remittance companies, banks, central banks, and consumers to get the speed and cost savings of blockchain technology, and exchange digital assets without reliance on cryptocurrencies. For more information, visit https://www.roxe.io.

Can Accepting Crypto Benefit Your Business? Dello May Be the Answer 3941

Fintech startup Dello wants to make a world of “everyday crypto payments” possible for both consumers and sellers. The Montreal, Quebec-based company has developed an easy-to-use payment processing platform made available for online business via e-commerce payments and retail locations via the Poynt Smart Terminal, tablet, and mobile app.

With these hardware and software solutions, businesses that partner with Dello can affordably, quickly, and easily accept Bitcoin payments from consumers anywhere, including instant transactions via the Bitcoin Lightning Network.

According to Dello’s President, Olivier Benloulou, “We’re proud of the partnerships we’re making to deliver on our mission to enable easy, everyday crypto payments. Until people have somewhere to spend crypto, widespread crypto adoption is in a holding pattern. We’re here to break that pattern.”

What Dello offers to business owners through its platform and payment processing solution includes several key features:

  • Instant transaction validation—as fast as or faster than using a credit card—via the Bitcoin Lightning Network
  • Transaction fees that are lower than most credit cards at between 1.25 – 0.1%.
  • An end to dreaded fraud chargebacks thanks to crypto’s irreversible payments
  • Protection from crypto price volatility and fast settlement of funds in the seller’s local currency

Accepting crypto payments can also benefit high-priced transactions. As representatives of Dello simply stated: “Our fees scale based on payment size. Larger payments, smaller fees.”

How Does It Work?

At the time of purchase, the merchant enters the amount and presents their customer with the available payment options. If the customer chooses to pay with crypto, they scan a QR code from their crypto wallet and send the payment. Dello converts the crypto to local currency during the transaction and the merchant receives the purchase amount, minus a small processing fee, deposited into their bank account.

Dello elaborates, “Merchants will receive the full purchase amount and don’t need to worry about crypto price fluctuations that may occur during the transaction. For their part, crypto holders get more places to conveniently spend their crypto. Because our services eliminate the need for intermediaries, transaction fees are greatly reduced. Everybody wins.”

Dello’s crypto payment processing platform is seamlessly integrated with the Poynt Smart Terminal, allowing retailers to offer cryptocurrency payments right alongside regular debit and credit card transactions on the same device. Merchants simply enter the payment amount and select the “Dello Crypto” payment option to begin the process.

Dello is developing new solutions for traditional POS and online payments processing while integrating simplified, affordable cryptocurrency payments in a convenient way. Dello hopes to shape a new future of retailing that doesn’t depend on traditional banking systems and financial channels. Contact them for more information through dello.com.

Are You Looking for a Different Launchpad? TAFLaunch Is Coming Soon 4171

Launchpads have gained immense popularity among crypto-enthusiasts in the DeFi space. They give crypto strategists access to early rounds of IDO’s and ICO’s, enabling people to invest in the promising projects and help them see the world. The community members receive lucrative returns, while the funded projects get vital funds for finalizing their architecture and launching into the crypto space.

Due to the profitability of early seed round investments and private IDO sales, the launchpad market seems already overcrowded. Still, there is much space for growth and expansion of service offerings, and the coming release of the TAF project proves this point. It has emerged as a vibrant ecosystem with many unique features and a democratic approach to IDO access.

Let’s take a sneak peek at TAFToken’s unique ecosystem and benefits for users to see how it transforms the launchpad space and welcomes retail investors to the vibrant ICO/IDO industry.

TAF Project’s Major Features

TAFToken introduces a brand-new ecosystem offering a full range of project launch opportunities in the crypto market, from theoretical ideation to technical implementation. The underlying technology enables smart contract development, security audits, and IDO advisory for the safe and frictionless market entry of promising startups.

TAFPad is an incubator of IDO’s and ICO’s. It helps companies seek financing for their DeFi projects via crowd sales and private pre-sales. Startups can utilize TAFPad’s resources to create tokens and smart contracts, deploying their projects via IDO’s hassle-free. Thus, the TAFPad system will function as an end-to-end funnel for crypto technology creation, pre-sale, public-sale, and full-scale launch for the broader public.

TAFStake serves the interests of TAF token holders by ensuring the token’s stability, liquidity, and a generous APY for TAF’s staking. Holders of TAF tokens can stake them on the platform and receive combined benefits – a passive income on their investment and privileged access to projects launched via TAFPad.

The degree of privilege is determined by the TAFKey system. It currently features four tiers, from Silver to Diamond, each coming with a set of perks and bonuses. The tier is assigned to users depending on the amount of TAF tokens in possession and the length of their storage. To get the highest Platinum TAFKey status, you need to have 50,000 TAF in your wallet for 90+ days.

The TAFToken

The infrastructural token of the TAF project is the TAF token – an asset currently traded on PanCakeSwap and AAX. It covers transactions and purchases within the TAF ecosystem and can also be staked on the platform with a lucrative APY.

The TAF token’s holding also unlocks privileges for users in terms of access to early-stage seed rounds and pre-sales.

The token has intricate tokenomics considering all stakeholders’ interests and the project’s development in the long run.

  • Liquidity provision and product innovation/user incentives got 15% of the token’s supply each (30% total).
  • 15% of the supply was sold during the pre-sale IDO (inner circle).
  • 15% more were distributed during IDO whitelisting events.
  • 20% were allocated to APY payment to those who stake TAF tokens and other assets on the platform.
  • The project’s team got 10% of the token’s supply.
  • The remaining percentage was allocated to advisors and the ecosystem’s continued growth.

Why Buy the TAF Token?

There are plenty of reasons to invest in the TAF project right now. By buying the TAF token, you unlock the following perks and privileges in the ecosystem:

  • Become part of the unique DeFi ecosystem, investing tokens and earning with TAF.
  • Stake your TAF tokens on the project’s proprietary staking platform to earn a highly competitive APY.
  • Access the private pre-sales and early seed rounds of IDO’s in TAFPad.
  • Pay for goods and services on http://BitcoinTAF.com with the help of TAFPay.
  • Access the private pre-sales and IDO’s by holding TAF in your wallet and getting a privileged TAFKey status.
  • Donate part of your earnings from staking to charity funds via TAFLove.

TAF Partners

The ecosystem’s growth is impossible without partnerships with experienced crypto market players. Thus, the TAF project moves forward with solid support of:

  • Pancake Swap
  • DX/Sale
  • Unity Swap
  • Roobinium
  • RD Auditors
  • Flowdesk
  • Binance
  • Infomatic
  • Suncrypters
  • 4ire Labs
  • Sugar Kingdom,

and many more companies inspired by TAF’s unique approach and extensive potential.

TAF Roadmap

The TAF project entered the scene at the end of 2021, with the launch of Taftoken.io and TAF’s successful pre-sale round, with all TAF tokens sold out in record time. The IDO’s sellout in Q1 of 2022 confirmed the project’s popularity among investors, and TAF successfully launched on PanCakeSwap. The TAFv2 token with upgraded functionality became available.

The project’s current stage planned for Q2 2022 includes TAF’s launch on AAX, the launch of TAFStake, the start of TAFPad’s operations, and the linkage of TAFStake with TAFPad.

Once this stage is over, the future plans for Q3/Q4 2022 cover:

  • TAFNFTs/marketplace
  • TAFLaunch/IDO launch pad
  • TAFLove/philanthropy is at the heart of everything we do

The project’s far-reaching plans are to transform into a DAO model, giving its users a word in the system’s governance. Thus, the TAF ecosystem is on the way to introducing consensus-based voting to users. This arrangement will help active participants determine the direction of TAF’s growth and development in the crypto space.

Welcome the TAF Team

It’s always reassuring to join a project backed by a solid team of industry experts and enthusiasts. The TAF project has it all, as it’s headed by Bill Nolan – a CEO with decades of experience in senior management and an inside-out understanding of the crypto market landscape. The project’s COO is Theresa Taljaard – a business analyst and management guru with impressive problem-solving talents. The team also includes Marius and Wendy Landman’s, the founders of Bitcoin Trend & Forecast, and the company’s CTO, Sergii Severynov.

TAF Contacts

TAF is a quickly growing project with a massive following, so it’s active on social media. You can also join the TAF community to stay in touch with its management and be the first to learn about its news and special offers.

TAF’s Twitter account: https://twitter.com/taftoken
Telegram channel with news updates: https://t.me/taftoken
TAF’s blog on Medium: https://medium.com/@TAFtoken
YouTube channel: https://www.youtube.com/channel/UCQ_UZw1Av5cSsQ6BB9Wq63g

Lovely Inu: A meme token with a decentralized network 3595

At first sight, all meme-inspired tokens seem useless: They often have no application, liquidity or long-term perspective. To challenge this bias, a team of crypto enthusiasts has launched Lovely Inu to revolutionize the meme token industry.

Lovely Inu is a utility token key to products such as V3 Swap on BNB Smart Chain, a gaming platform with live casinos, a launchpad, crypto wallet and more.

The project is later launching an exchange, its own blockchain and swapping functionality on the Ethereum and Polygon chains.

Lovely Inu represents a revolutionary system to unite memes with decentralized finance technology.

NEXT SHIB: Next generation MEME token about to go public! 6770

Next shib

DeFi’s newest cutest meme token announces the launch of its public sale. The mascot of the new, ultra-fast ultra-cheap NEXT Smart Chain has arrived.

Deflationary on every transaction (5%) and with no other tax, no team tokens, and starting with a very low market cap, this meme token is lifting off to visit its Nextronaught NFT siblings in orbit (#Nextronaughts are coming down to play in the #Nextverse very soon!).

In recent years meme tokens have emerged to become more popular than many mainstream cryptocurrencies, thanks to their unique mass appeal. NEXT SHIB is the newest entrant into the meme coin space so far ruled by DOGE and Shiba Inu. The tokenomics and the underlying operations of NEXT SHIB, however, differ vastly from the rest of the meme coins, powering NEXT SHIB with rocket fuel. The token follows a deflationary model where the total supply of 100 billion tokens deflates every time a transfer is made, but with no other reservation of tokens for any purpose other than to permanently lock its liquidity (yes permanently!). It also has a low initial market cap of less than $500K.

This ensures a steady growth in value and wealth accumulation possibility for early adopters. The private presale was a success and the public sale opened today, until the end of January. NEXT SHIB token is available on the Ethereum Network (ETH), Binance Smart Chain (BSC), and on its own native NEXT Smart Chain (NSC).

The blockchain built for scalability

The NEXT Smart Chain is a third-generation blockchain network that has clear advantages over Ethereum and Binance Smart Chain. With a clever combination of Directed Acyclic Graphs (DAG) and Byzantine Fault Tolerance (BFT) technologies, the network manages to achieve a speed of 300000 transactions per second (yes 300K tps) and a persistently low transaction cost of circa $0.0001 per transaction – the lowest fees in the current market.

NEXT Smart Chain is fully compatible with the Ethereum Virtual Machine (EVM), so all ERC-20 tokens and decentralized applications can function on the NEXT Smart Chain (yes – all DAPPS will just work). Just like NEXT SHIB, the NEXT Smart Chain (ticker: NEXT) has a very low market cap of less than $1 million and a fixed token supply of 30.3 million NEXT, while its competitors reach over $1 billion in market cap.

The unmatched scalability and transaction speeds offered on this blockchain make it the ideal network to deploy the next generation of NFT and NEXT Metaverse projects. With NFT gaming and trading within the Metaverse becoming the highly anticipated products of Web3, projects using NEXT Smart Chain will be poised to uniquely benefit from its robust underlying architecture to provide a healthy user experience to early adopters. The smart chain will launch with over 200 independent validators, making it a very decentralized and secure blockchain.

With the launch of the NEXT SHIB once the public sale completes, NEXT Smart Chain will transform the market as a center of excellence for metaverse innovations & crypto projects.

The future is bright – come and see what’s NEXT !!

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ZIM & Marius Nacht complete additional investment in WAVE BL, a leading provider of a paperless Bill of Lading solution 27266

ZIM Integrated Shipping Services Ltd. (NYSE: ZIM) and Marius Nacht, one of Israel’s leading serial entrepreneurs and investors, announced today that they have jointly invested in a Series B Financing round of WAVE BL, a developer of groundbreaking blockchain network supporting paperless trade in the shipping industry. The two investors co-lead a round of approximately $8 million that will accelerate global implementation of WAVE BL’s proven technology.

ZIM pioneered the first paperless electronic bill of lading pilot in the shipping industry in 2017 using WAVE BL’s platform and has since widely expanded its use to become the industry leader. Electronic bill of lading is currently offered to ZIM customers worldwide, requiring only a simple onboarding process which is supported by ZIM.

Digitization of bills of lading is revolutionizing shipping documentation, sharply reducing time, complexity, errors and costs for all parties involved, while maintaining a high level of security and, importantly, being far more sustainable than the traditional paper bill of lading.

Aligning with international rules, standards and insurance coverage such as IG P&I Clubs and eUCP 600, WAVE BL’s one of a kind decentralized, digital documentation solution is changing the shipping industry as it becomes the new industry benchmark enabling secure and efficient remote business continuity.

Proceeds will be used to support development of WAVE BL’s business and further implementation of its pioneering technology supporting paperless trade in the shipping industry, as well as in other sectors.

ZIM President and CEO Eli Glickman: “Our early adoption of WAVE BL’s blockchain based platform to promote paperless trade highlights our leadership in utilizing digital strategies to best serve customers and has proven extremely successful for ZIM and for changing the industry. Today, ZIM is an industry leader in paperless shipping processes, and we are seeing growing interest from others in our sector to adopt the platform reflecting the significant benefits it provides to both customers and carriers. This new investment in WAVE BL is a step forward in the path to a more digitized and sustainable future, in accordance with our vision and values.”

ZIM CIO Eyal Ben-Amram: “Since completing the integration of WAVE BL’s platform with our system, we can offer every customer the ability to enjoy the vast benefits of paperless shipping, which is especially crucial during COVID-19. We are pleased and proud to continue our support of this exciting and leading company.”

WAVE BL CEO Gadi Ruschin“Our partnership with ZIM has enabled us to introduce our pioneering technology to a vast audience as we endeavor to become the shipping industry standard in paperless trade. We are extremely pleased with the continued faith and commitment of ZIM and Marius Nacht in our company and look forward to leading the wave of the future in shipping.”

Ophir Shoham, who leads Marius Nacht’s investments in high-tech: “We are proud to continue supporting WAVE BL’s remarkable technology and believe in its disruptive potential, leading to a fundamental change in the way business is conducted across countless sectors and industries. We are very impressed with the great progress the team has made and excited to invest in WAVE BL’s trail-blazing platform.”