Cryptocurrency Coalition Plans to Pay US Lobbyists in Digital Coins 2211

A group of financial technology companies is banding together to lobby lawmakers and regulators on cryptocurrencies — and they plan to pay their Washington advocates partly in digital coins.

The firms, all based in the San Francisco area, include digital money transfer company Ripple and several startups. They’re announcing Thursday that they’ve started a coalition and are retaining the Klein/Johnson Group, a bipartisan lobby shop that specializes in technology and financial services issues.

The companies’ lobbying push comes as Congress and agencies like the Securities and Exchange Commission are trying to figure out what kind of federal rules should apply to digital tokens and the blockchain technology that underlies them. Among officials’ concerns are massive price swings in the crypto markets, a spate of fraudulent public offerings involving the coins and their use in criminal activities like drug dealing.

For their part, the fintech firms are looking for government oversight that encourages innovation and won’t impede competition in the rapidly changing global markets. They plan to weigh in with Congress as well as the SEC, the Internal Revenue Service and other agencies that touch on cryptocurrencies, said Izzy Klein, a former aide to Senate Minority Leader Charles Schumer and co-founder of Klein/Johnson.

The new group calls itself the Securing America’s Internet of Value Coalition — a nod to an emerging notion in the financial technology world where the systems that record digital transactions will all be connected. That would enable payments across the globe to be processed almost instantaneously with no middlemen, a concept that could be revolutionary but perhaps difficult to explain to policy makers.

“We understand this is really complicated, and there is a lot of misinformation out there,” said Chris Larsen, executive chairman of Ripple. “The good news is there is a lot of interest in this topic in D.C.”

One particularly pressing matter for Ripple is whether XRP digital tokens, which are closely linked to the company, are deemed securities and subject to SEC regulation. The agency has already said that two competing currencies, Bitcoin and Ether, are not.

Along with Ripple and the independent foundation RippleWorks, the coalition also includes: Coil, a company that will facilitate digital payments for entertainment and content; Hard Yaka, an investment firm focusing on digital assets; and PolySign, a startup that is looking to be a crypto custodian.

The coalition plans to pay Klein/Johnson about $25,000 a month and 10,000 XRP. Klein said his firm will convert the XRP price into dollars when it discloses the payments on federal lobbying forms.

Larsen said it makes him feel better to have lobbyists with some skin in the game.

“It gives them some upside and gives them some risk,” he said. “Hopefully it gives them a taste of the industry in a way that hits home.”

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SphereX Celebrates Its Grand Launch with Dual-Track Event: Warp Drive and Lightspeed Tracks Offer Exclusive Atlas Collections NFT Airdrops 5755

SphereX, the ultimate DEX to launch on Blast, is proud to announce its grand launch event, marking a significant milestone for the platform. The event, consisting of Warp Drive and Lightspeed tracks, aims to reward active Blast and BMX users while fostering community engagement and further boosting Blast’s Total Value Locked (TVL).

Until March 18, 2024, the campaign offers participants equitable opportunities to receive SphereX’s “Atlas Collections” NFT Airdrops through Warp Drive and Lightspeed track. These NFTs can later be utilized for redeeming $SXT Tokens (SphereX Governance & Utility Token) and provides user benefits after Blast’s mainnet launch.

“We are thrilled to introduce the Atlas Collections NFT as a symbol of our appreciation for our early users,” said Kaimin Hu, CEO of SphereX. “This campaign not only aims to elevate our users and enhance utility but also sets the stage for exciting rewards through $SXT tokens after Blast’s mainnet launch.”

The Atlas Collections NFT, an exclusive reward for early SphereX users, will have a total issuance of 10,000. Of these, 8,000 will be distributed through the Warp Drive track, while 2,000 will be airdropped via the Lightspeed track. These NFTs offer various utilities, including:

  • Utility I: $SXT (SphereX TGE tokens) Airdrops 
  • Utility II: Trading fee discounts with “Atlas Collections NFT” on SphereX 
  • Utility III: Staking bonuses for Atlas NFT & $SXT dual staking 

More features are forthcoming.

Additionally, during the campaign period, participants in the Warp Drive and Lightspeed tracks who complete designated tasks will be eligible for $1,200 prize pools each.

About SphereX:

SphereX is a decentralized crypto exchange designed to provide users with a more secure, efficient, and user-friendly platform for trading digital assets. SphereX boasts a unique combination of capabilities that include off-chain matching for lightning-fast trade execution, on-chain settlement for enhanced security, and cross-margin trading to optimize capital utilization.

QORPO world’s multi-purpose token listed to power the entire game studio 7067

Today, QORPO World celebrates the token generation event (TGE), premiering their multi-purpose QORPO token listing on multiple leading exchanges, such as ByBit, KuCoin, MEXC and Uniswap. QORPO token went live on the 29th of February at 10 am UTC. QORPO is poised to revolutionize the paradigm of game-specific tokens, introducing a token concept that connects all products within QORPO’s gaming ecosystem.

One studio token over gaming tokens

QORPO World, a Web3 game developer & gaming ecosystem, is dedicated to pioneering a sustainable token model through the introduction of the QORPO token. This innovative studio token is crafted to overcome the limitations faced by tokens tied to individual games, which typically see a decline in value and utility as player interest diminishes. By supporting a comprehensive network of games, player engagements, and non-fungible tokens (NFTs), the QORPO token aims to maintain its relevance and utility over time, facilitating a stable and accessible gaming environment.

“As an ambitious gaming studio, we’re thrilled to initiate our multipurpose ecosystem token QORPO to life, marking the most crucial milestone in the history of web3 gaming,” as stated by Rastislav Bakala, Founder and CEO at QORPO.

He continues: “There’s a reason why we call QORPO a multi-purpose token. Every game has its dawn and sunset, pulling a token down once it crosses its zenith. But we support our universal, multi-purpose token with each and every effort we pursue in our studio. There’s always something on the horizon at QORPO World – and every stream converges into one powerful current, QORPO.“

QORPO token utilities

The QORPO Token serves as the cornerstone of the QORPO World ecosystem. When QORPO came up with the idea of unifying all our IPs under one token, they set themselves to bring unprecedented mechanics that leverage sustainability, equity, and accessibility. With all these virtues in mind, QORPO token offers multifaceted utilities.

  • Ecosystem token: Seamlessly integrated across all QORPO gaming titles, enhancing utility and scalability as the ecosystem grows.
  • Onboarding Web2 gamers: Utilized as the primary currency for converting in-game digital assets into NFTs, facilitating the shift of traditional gamers to the Web3 space. Once the token is used for the minting purpose, it will be burned.
  • Platform governance: Token holders gain governance rights, influencing key ecosystem decisions through direct votes on the QORPO WORLD dashboard.
  • Medium of exchange: Beyond its governance role, the token functions as a dynamic currency within the ecosystem for purchasing, selling, minting NFTs, trading, and crafting within a vibrant player-driven economy.
  • Buy-Back & burn: A dedicated buy-back and burn mechanism ensures a portion of ecosystem revenues are used to purchase and permanently remove tokens from circulation, enhancing scarcity and demand.
  • Scalability into B2B: The token is central to QORPO WORLD’s B2B strategy, requiring gaming partners to integrate and provide additional utility for token holders.
  • Staking: Offers diverse staking opportunities for a broad spectrum of participants including players, investors, and NFT holders, featuring varied entry points and rewards.
  • Players incentive: Committed to rewarding engagement, a portion of the tokens is allocated for distribution among players, platform users, and NFT and token holders, tied to ecosystem revenue and engagement metrics.

Token backed by games, accelerated with community

Unlike many crypto projects issuing token prior to main product release, QORPO World released their flagship hero shooter game Citizen Conflict launched on Epic Store since last year. Backed up by more than 450,000 users in the ecosystem and over 35 leading gaming guilds on board, QORPO World presents an accomplished powerhouse on web3 gaming.

Taking a glimpse into the future, QORPO World is confident with its big plans for 2024. As their upcoming creature extraction shooter AneeMate is taking shape, QORPO is gearing up for the alpha release along with the Battle Royale game mode in Citizen Conflict, backed by a planned major esports campaign ahead. Don’t miss your chance to become an early QORPO World supporter and explore all the benefits of QORPO token.

Hot Airdrop: Social-Fi Project CharityDAO About to Launch Airdrop Event 7366

According to community volunteers, CharityDAO will launch a large-scale airdrop event on February 29th. It is estimated that 76 million CHD tokens will be distributed to participating users. The current method of interaction is not yet known. This is another popular Social-Fi project announcing an airdrop following friend.tech’s high-profile announcement last week.

Benefiting from the development of the social ecosystem over the past year, social media continues to attract attention in 2024, and the return of the crypto bull market is bringing more market confidence. CharityDAO is currently one of the hot topics in the social finance section, having been operational for 3 years with over 40,000 token holders. Previously, due to hosting humanitarian aid campains in 18 countries and regions around the world, CharityDAO was featured in FOX news reports, thereby it is known to more people.

CharityDAO is a decentralized charitable autonomous organization, grounded in the concept of social finance, aiming to make charity simpler, apolitical, borderless, and efficient. It has established contacts and cooperation with charitable organizations in more than 50 countries and regions worldwide, including the Ukrainian Red Cross and the Water Foundation created by Matt Damon. It has developed AI tools and the charity website Lets Help, and has hosted charitable aid activities in eighteen countries and regions, including the Philippines and Zambia.

CHD is the token for the CharityDAO project, based on the BSC chain, with a total supply of 7.6 billion tokens. 0.04% of the initial circulation, amounting to 3.06 million tokens, is distributed through airdrops, 4.96% is used for community activities and liquidity management, and 95% is generated through exchanges with BNB from the treasury. There are no reserves for the team, no private sales, and the initial exchange rate is set at 1 BNB = 107,000 CHD. The earlier the participation, the higher the exchange ratio.

Currently, CharityDAO is still in an early stage, with only 3.06 million tokens in circulation in the market. The ways to obtain CHD are limited to:

  1. Airdrops for volunteers;
  2. Incentives for social activities (airdrop on February 29);
  3. Liquidity incentives;
  4. Exchange on the official project website (not yet open).

CHD is now listed on PancakeSwap, with a current price of 0.05418 USDT at the time of writing.

Over the past two years, the cryptocurrency community has encountered significant challenges. Despite this, CharityDAO has stood strong, focusing its efforts on advancing global charitable initiatives within the crypto space rather than being hindered by market downturns. During this period, CharityDAO successfully implemented humanitarian aid projects in 18 countries and regions, including notable efforts in the Philippines and Zambia.

Currently, CharityDAO boasts nine multilingual online communities. Its largest community, comprising English speakers, boasts over 25,000 members, while its official Twitter account has amassed a following of 33,000 users. These numbers reflect the dedication and increasing popularity of CharityDAO in recent years.

In a recent announcement, CharityDAO revealed the completion of its initial liquidity lock and issued a call for more volunteers to participate in similar initiatives. With a series of upcoming events and an airdrop scheduled for February 29th, speculation abounds as to whether CharityDAO will become the pioneering Social-Fi project to invigorate the market. Only time will tell.

For more information please visit:
Website:https://charitydao.co
Twitter:https://twitter.com/theCharity_DAO

Zoniqx and Ripple Partner to Bring Multi-Asset Tokenization onto the XRP Ledger 7678

Zoniqx (formerly known as Tassets) a pioneer in digital asset management, announced today its partnership with Ripple, an enterprise blockchain and crypto solutions provider. This strategic collaboration harnesses the robust, scalable infrastructure of the XRP Ledger (XRPL) and seamlessly integrates it with Zoniqx’s cutting-edge Tokenization Platform as a Service (TPaaS) and Tokenization Life Cycle Management (TALM) solutions. Tokenization improves access to an asset class by reducing traditional barriers to entry, lowering costs and eliminating geographical boundaries.

The partnership aims to streamline the tokenization process for real-world assets on XRPL, which supports native (XRP) and issued tokens to represent assets on-chain, making the process more efficient, accessible and liquid in the digital asset market. By leveraging XRPL’s fast, safe and low-cost blockchain infrastructure alongside Zoniqx’s state-of-the-art tokenization and digital asset lifecycle management offerings, the integration seeks to redefine industry standards and facilitate the seamless digital conversion of traditional assets on-chain.

Revolutionizing Asset Tokenization on the XRPL

Zoniqx’s integration with the XRPL will allow the tokenization of multiple real-world financial assets on the XRPL and offers a low-code conversion of real-world assets into digital assets. Zoniqx’s tokenization platform as a service TPaaS) ensures compliance with local jurisdictions by leveraging the Dynamic Interoperable Compliance Security Token Standard (DyCIST) standard and provides direct access to liquidity options.

Token issuers can seamlessly integrate with the XRPL and experience an intuitive interface for primary users to participate in asset tokenization. Users can easily create accounts, complete Know Your Customer (KYC) verification, and submit buy offers to receive tokens, thereby enhancing accessibility and liquidity in the digital asset market on the XRPL.

CEO and Founder of Zoniqx, Prasanth Kalangi said: “Joining forces with Ripple is a testament to our commitment to setting new standards in the digital asset space. Our combined efforts will ensure the tokenization of assets is not only dynamic and compliant, but also accessible to everyone, everywhere.”

Markus Infanger, SVP of RippleX said: “Zoniqx’s integration with the XRPL marks a significant milestone in the journey to enable the Internet of Value. By integrating XRPL’s fast, cost-efficient blockchain technology with Zoniqx’s pioneering tokenization services, the XRPL is poised to showcase unparalleled efficiency and scalability to the world of asset tokenization.”

About the XRP Ledger

The XRP Ledger is a decentralized layer 1 blockchain renowned for its decade-long reliability and stability in tokenizing and exchanging crypto-native and real-world assets. Designed to support businesses and builders, the XRP Ledger, powered by XRP, offers institutional-grade functionality and built-in features to enable secure, efficient, and scalable financial services and use cases. It’s more than just a blockchain – it’s a global developer community dedicated to transforming future business solutions. Learn more and build your business with confidence at XRPL.org.

About Ripple

Ripple is the leader in enterprise blockchain and crypto solutions, transforming how the world moves, manages and tokenizes value. Ripple’s business solutions are faster, more transparent, and more cost effective – solving inefficiencies that have long defined the status quo. And together with partners and the larger developer community, we identify use cases where crypto technology will inspire new business models and create opportunity for more people. With every solution, we’re realizing a more sustainable global economy and planet – increasing access to inclusive and scalable financial systems while leveraging carbon neutral blockchain technology and a green digital asset, XRP. This is how we deliver on our mission to build crypto solutions for a world without economic borders.

About Zoniqx

Zoniqx, formerly known as Tassets, stands as a beacon in financial technology from Silicon Valley, specializing in Tokenization Platform as a Service (TPaaS). It adeptly transforms Real World Assets into Digital Assets. The cornerstone of its offerings, the Tokenized Asset Lifecycle Management (TALM) solution, embraces the DyCIST – Dynamic Compliant Interoperable Security Token (ERC-7518) standard, ensuring utmost security and scalability. Central to Zoniqx’s ecosystem is SecureConnect, a groundbreaking platform that seamlessly bridges asset tokenization with institutional liquidity, amplifying market reach and ensuring compliance. This synergy positions Zoniqx not just as a provider but as an innovator at the forefront of digital asset transformation.

Recover Scammed Crypto by Contacting the Best Crypto Scam Recovery Expert (2024) 8401

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Have you fallen victim to a cryptocurrency scam? Unfortunately, these malicious acts are becoming increasingly common, leaving individuals frustrated and financially drained. But don’t lose hope!

Report Scammed Bitcoin (RSB) understands the devastating impact crypto scams can have, and we’re here to help you fight back. Introducing reportscammedbitcoin.com, the leading crypto recovery experts for 2024.

RSB specializes in assisting individuals who have lost their hard-earned cryptocurrency to scams, hacks, and other fraudulent activities. The team of highly skilled and experienced professionals at RSB is dedicated to recovering your stolen assets and bringing the perpetrators to justice.

Understanding Crypto Scams

Cryptocurrency, while innovative and potentially lucrative, has also become a breeding ground for various scams due to its decentralized and pseudonymous nature. Understanding these scams and their red flags is crucial for investors to protect themselves from financial loss. Here are some common types of crypto scams and red flags to watch out for:

Phishing Scams:

Phishing scams involve fraudulent attempts to obtain sensitive information, such as login credentials or private keys, by impersonating legitimate entities through fake websites, emails, or social media messages.

Ponzi Schemes:

Ponzi schemes promise high returns on investment by using funds from new investors to pay returns to earlier investors, rather than generating profits through legitimate business activities.

Exit Scams:

Exit scams occur when cryptocurrency projects or platforms suddenly disappear or shut down, taking investors’ funds with them. These scams often involve promising products or services that never materialize.

Rug Pulls:

Rug pulls occur in decentralized finance (DeFi) platforms when developers or insiders drain liquidity from a project by selling off their tokens, causing the value to plummet and leaving investors with worthless assets.

Fake ICOs/IEOs:

Fake Initial Coin Offerings (ICOs) or Initial Exchange Offerings (IEOs) involve fraudulent projects that raise funds by selling tokens to investors with the promise of future utility or profits, only to disappear once the fundraising is complete.

Unsolicited Investment Opportunities:

Unsolicited investment opportunities via social media, cold calls, or messaging platforms may involve fraudulent schemes aiming to manipulate investors into purchasing worthless or nonexistent assets.

Which is the Best Crypto Recovery Expert?

The best choice for you will depend on several factors, including:

  • The specific type of scam you were targeted by: Different recovery experts specialize in different areas, such as exchange hacks, phishing attacks, or investment scams.
  • The amount of money you lost: The fees charged by recovery experts can vary depending on the size of your claim.
  • Your risk tolerance: Some recovery services offer guarantees, while others operate on a “no win, no fee” basis.
  • Your level of technical expertise: Some services require more technical involvement from you than others.

Here are some things to keep in mind when choosing a crypto recovery expert:

  • Beware of companies that make unrealistic promises or guarantees. Recovering stolen crypto is often difficult, and there is no guarantee of success.
  • Do your research and read reviews before hiring any company. There are many scams targeting victims of crypto scams, so be careful who you trust.
  • Get everything in writing before you start working with any company. This includes the fees, the services that will be provided, and the expected timeline for recovery.

Helping You Navigate Your Crypto Funds Recovery Options: Introducing Report Scammed Bitcoin (RSB)

Introducing the best crypto recovery expert 2024 in the industry: Report Scammed Bitcoin (RSB). With a team of seasoned professionals and a proven track record of success, Report Scammed Bitcoin (RSB) Solutions stands out as the best crypto recovery expert you can trust.

RSB’s best crypto recovery expert team has the expertise and experience to assist you in reclaiming lost or stolen cryptocurrency assets. The best crypto recovery expert team takes a personalized approach to each case, ensuring that you receive the individualized attention and support you deserve.

Contact the best crypto recovery expert today and let them help you recover your valuable assets. Trust RSB for the best crypto recovery expert assistance you need.

How Report Scammed Bitcoin (RSB) Supports You

Understanding Your Situation: RSB will start by listening attentively to your experience, dissecting the scam tactics employed, and assessing the nature of your losses.

  • Exploring Recovery Options: Based on your unique circumstances, RSB will introduce various recovery avenues, including free and paid options, clearly outlining their advantages, limitations, and potential risks.
  • Empowering Your Choice: RSB empowers you to make informed decisions. Our recommendations are unbiased and not influenced by partnerships or affiliate agreements. Your best interests are at the heart of everything they do.

More Than Just Consultations:

While consultations, blockchain analysis, fund tracking and chargeback are their core service, RSB also offers the following to enhance your recovery journey:
Supporting individuals in recovering their scammed bitcoin involves a multi-step process aimed at gathering information, conducting thorough investigations, and suggesting viable solutions. Here’s how RSB can assist you in recovering your scammed crypto:

  • File a Complaint:

Begin by filing a detailed complaint outlining the specifics of the transactions and providing any relevant details about the website or platform involved. The more information you can provide, the better equipped RSB will be to assist you.

  • Initiate Investigations:

Once RSB receives your complaint and gathers the necessary information, their team will commence thorough investigations. These investigations are designed to map out the flow of transactions and identify any potential leads or points of contact associated with the scam.

  • Analyze and Recommend Strategies:

Drawing upon the team’s expertise and experience, RSB will analyze the findings of their investigations and recommend a range of strategies tailored to your specific situation. These strategies may include legal avenues, negotiation tactics, or technological solutions aimed at recovering your scammed bitcoin.

  • Provide Multi Solutions:

The qualified team of experts at RSB will present you with a variety of cutting-edge solutions designed to increase the likelihood of recovering your lost funds. These solutions may involve engaging with relevant authorities, leveraging blockchain analysis tools, or pursuing alternative dispute resolution methods.

  • Offer Ongoing Support:

Throughout the recovery process, RSB will provide you with ongoing support and guidance to keep you informed of the progress made and address any questions or concerns you may have. Their goal is to ensure transparency and accountability every step of the way.

Conclusion

In conclusion, when it comes to recovering lost or stolen cryptocurrency assets, choosing the right expert is crucial. With Report Scammed Bitcoin (RSB), you can rest assured that you’re partnering with the best crypto recovery expert in the industry.

Their dedicated team, proven track record, and personalized approach set us apart, making RSB the top choice for individuals seeking assistance with crypto recovery. Don’t let cryptocurrency fraud disrupt your financial security.

Contact Report Scammed Bitcoin (RSB) today and experience the peace of mind that comes with working with the best crypto recovery expert in 2024.

Zeebu Sets New Standard with Automated Token Burn via Phoenix Protocol 8198

Zeebu, the disruptive Web3 Neobank platform specializing in telecom transactions, proudly announces the ZBU Phoenix Protocol, a strategic initiative focused on optimizing token supply and solidifying its commitment to ecosystem sustainability.

Zeebu is a blockchain-based platform, specifically engineered for telecom transactions. It aims to revolutionize the sector by enabling automated settlements, facilitating seamless global payments, and bolstering efficiency and security through a unified telecom payment ecosystem. The ZBU token is a key component of the Zeebu platform. It plays a pivotal role in enabling smooth global transactions and introducing an on-chain loyalty mechanism. The ZBU loyalty token serves to incentivize and reward partners within the ecosystem for their active participation.

The ZBU Phoenix Protocol, inspired by the phoenix’s symbolic rebirth and renewal, meticulously reduces the total ZBU token supply, fostering market stability and a robust ecosystem. This deliberate approach emphasizes Zeebu’s core values of trust, transparency, and long-term sustainability.

The ZBU Phoenix Protocol focuses on optimizing the ZBU token supply through a dynamic auto-burn mechanism. This mechanism carefully adjusts the burn rate based on the current market price of ZBU and platform usage patterns, ensuring a strategic approach to bolstering the ecosystem’s health and long-term stability.

Transparency and accountability are at the forefront of Zeebu’s operations. Each token burn event will be meticulously recorded and publicly accessible on the blockchain, providing stakeholders with full visibility into the process. Additionally, a portion of the tokens from the accumulated burning pool will be allocated towards new initiatives, further enriching the Zeebu ecosystem.

“The ZBU Token Burn Program reflects our commitment to innovation and sustainability in the decentralized finance space,” said Raj Brahmbhatt, the CEO and Founder of Zeebu. “By implementing this initiative, we aim to ensure a stable market presence of $ZBU token, while also promoting ecosystem growth.”

As Zeebu continues to spearhead innovation in the realm of decentralized finance, the ZBU Token Burn Program serves as a cornerstone of its strategic vision. By reducing token supply systematically and transparently, Zeebu is poised to create a more resilient and prosperous financial ecosystem for all stakeholders.

Zeebu is gearing up to release more specifics about the timeline and quantity for the ZBU token burn.

About Zeebu:

‍Zeebu, the pioneering Web3 Neobank, having settled more than half a billion in telecom transactions, is quickly emerging as a trusted payment and settlement partner for global telecom businesses. The platform, currently serving over 100 active telecom carriers, is revolutionizing the industry with the introduction of blockchain-based settlements and the ZBU loyalty token. The ZBU token is designed to facilitate instant and secure global transactions and reward participants for successful settlements on the platform.