Iran’s Central Bank Figure Hints Cryptocurrency Ban Will End 8178

Iran will likely reverse its cryptocurrency ban in September, a central bank official told a conference August 26, paving the way for official regulation in the country. The country, which introduced a blanket ban on trading in April this year, has since seen economic turmoil return to its economy in light of fresh US sanctions, its national currency losing a significant chunk of its value since.

Having previously signaled plans to create a national cryptocurrency, the Central Bank of Iran’s chief of innovative technologies Nasser Hakimi said regulatory attention would now shift to public crypto assets.

“The High Council of Anti-Money Laundering has imposed a ban in light of concerns over global allegations of money laundering and financing of terrorism. But it seems that after the government’s consideration, this blanket ban will be reviewed,” he told conference members quoted by local news outlet Financial Tribune and Eghtesad.

Concerning the national crypto plans, Hakimi hinted these should also come to fruition, saying the project required “suitable and prevalent” support from authorities.

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Major Advancement for MNT Node Holders 2730

Minutes Network Token team are pleased to announce two new initiatives that significantly upweight their Node holder rewards program.

First, the share of Epoch rewards allocated to Node holders has been increased from 60% to 70%, and this additional 10% is excluded from the algorithmic burn process.

Second, all Node holders will share from a specific 37.5million MNT reward pool which will be distributed over the first twenty-four months.

With Switch Nodes requiring a minimum stake of 50,000 MNT and Validation Nodes 10,000 MNT, the holder of each type of node can receive incremental rewards of 37,500 and 7,500.

This means each Node is set to potentially return up to 75% of Node holders initial token stakes over the first two-years which are additional to the monthly epoch MNT rewards.

The MNT Head of Token said “We listened very carefully to the interests of Node holders as they are critical stakeholders to the success of the project. These innovations significantly enhance the rewards available to node holders and provide a compelling reason for people to own as many nodes as they can.”

The full details can be found in the MNT Whitepaper accessible at minutesnetworktoken.io/whitepaper.

There are 119 Switch Nodes and 1069 Validation Nodes available for staking. Purchase nodes can be done by visiting portal.minutesnetworktoken.io.

About Minutes Network Token

Minutes Network Token (MNT) is a product of Minutes Network Token LLC, a company incorporated in St. Vincent and the Grenadines, Company Number 095LLC2022.

Minutes Network Token is the source of this content. This Press Release is for informational purposes only. The information does not constitute investment advice or an offer to invest.

MapleStory Universe Unveils Nexpace Protocol Today 2649

NEXPACE, a blockchain subsidiary of Nexon Group focused on expanding IP, today unveiled its proprietary NXPC token for the MapleStory Universe. NXPC aims to bolster both the in-game experience for users and support the overall MapleStory Universe ecosystem by enabling community contributors to take part in item creation in-game, a role traditionally reserved for game service providers.

NXPC’s innovative protocol is designed to foster sustainable ecosystem growth by balancing in-game item distribution while encouraging active user participation. With NXPC, contributors can interact with in-game items within MapleStory Universe, promoting a natural flow of community-driven growth. Supported by blockchain technology, items can be seamlessly integrated into the ecosystem, offering incentives for the community to participate and engage actively.

Sunyoung Hwang, Executive Director of NEXPACE, said: “The introduction of NXPC and blockchain technology to the 21-year legacy of MapleStory IP underscores our confidence in their transformative ability to revolutionise the gaming experience for all. The NXPC token aligns user incentives with the long-term growth of the ecosystem by distributing the ability to create items to contributors, fostering a continuous virtuous cycle of enjoyable experiences and growth of the IP. We look forward to our robust pipeline ahead, including releasing new information on the tokens within the year, as well as the various updates on the ecosystem and the PC MMORPG MapleStory N.”

The supply of IP items that can be redeemed through NXPC is limited per cycle, which is renewed on a regular basis, balancing the flexibility and the health of the in-game economy. The element of scarcity also reinforces the mutual increase in IP item value and NXPC value over time in a sustainable manner, laying the foundation for the long-term growth of the MapleStory Universe.

To elucidate NXPC mechanics, MapleStory Universe has introduced ‘Token Comics,’ which serves to demystify blockchain technology while strategically expanding the MapleStory Universe ecosystem. The comics act as a bridge between the gaming culture and blockchain innovation, providing an engaging medium to introduce complex concepts of digital ownership. Through this educational series, MapleStory Universe aims to enhance community engagement and cultivate awareness of its mission to reshape the future of online games with blockchain innovations.

About NEXPACE

NEXPACE is an IP-expanding project based on blockchain technology that utilises NFTs. The goal of NEXPACE is to bring creators and users together, fostering an innovative games community where members can experience various games and content developed by other members. With its blockchain technology, NEXPACE provides transparent and secure services, encouraging creators to freely express their ideas while users enjoy these fresh inventions. This represents the philosophy and ambition of NEXPACE.

MapleStory Universe Official Links
Official Website: msu.io
Official X: x.com/MaplestoryU
Official Medium: medium.com/@MaplestoryU
Official Discord: discord.gg/MaplestoryUniverse
Official YouTube: https://www.youtube.com/@MapleStoryU
Official Facebook: www.facebook.com/MapleStoryU.Official/

RD Technologies and LianLian Global Partner on Revolutionizing Cross-Border Transactions with Stablecoin 2789

RD Technologies announced today that it has reached an intent of cooperation with LianLian Global, to streamline and enhance cross-border transactions through the use of stablecoins. The partnership will leverage LianLian Global’s vast network and RD’s stablecoin to deliver a settlement network that is expected to enhance transaction speed and reduce costs.

Based in Hong Kong and facing the world, RD Technologies’ mission is to facilitate cross-border trade and financial transactions through the provision of efficient, safe, and innovative payment solutions for businesses. RD Technologies aims to contribute to the development of Hong Kong as a trade and financial hub in Asia through the use of Web2 and Web3 technologies.

LianLian Global is one of the leading cross-border payments company that helps eCommerce companies operate more effectively across the globe. With the utilization of HKDR, businesses within LianLian Global’s ecosystem will gain enhanced efficiencies in both cost and speed by using blockchain technology to settle cross-border transactions.

Rita Liu, Chief Executive Officer of RD Technologies, highlighted, “Today’s collaboration with LianLian Global marks RD Technologies’ ongoing commitment to expanding the future adoption of HKDR in cross-border payments. We look forward to the positive impact this collaboration will have on the broader market and the advancement of the Web3 ecosystem.”

About RD Technologies:

RD Technologies Group (RD Technologies) deploys innovative Fintech solutions to connect the business world by trust. RD Technologies is a unique financial platform that connects the Web2 and Web3 world and market participants, which was launched in November 2023, and Hong Kong Dollar stablecoins to be tested shortly under the HKMA sandbox. Based in Hong Kong and facing the world, RD Technologies’ mission is to facilitate cross-border trade and financial transactions through the provision of efficient, safe, and innovative payment solutions for businesses, thereby contributing to the development of Hong Kong as a trade and financial hub in Asia.

The world of Web3 holds great promise for the future, and stablecoins play a crucial role in this evolving landscape. RD Technologies plans to engage regulated exchanges globally as well as payment partners to enable more cost and time-efficient cross-border payments and settlements. By leveraging our strong partnerships with licensed financial institutions, RD Technologies aims to drive the mainstream adoption of HKDR. Additionally, RD Technologies will develop innovative use cases that showcase the benefits of compliance, ensuring the safety and security of HKDR to all its users.

For details: https://rd.group

About HKD Stablecoin (HKDR):

On 18 July 2024, RD Technologies disclosed that its subsidiary, RD InnoTech Limited, was admitted to the stablecoin issuer sandbox of the Hong Kong Monetary Authority (HKMA). RD Technologies will be conducting testing for various use cases of its proprietary Hong Kong Dollar Stablecoin (HKDR).

HKDR is the Hong Kong Dollar stablecoin that RD Technologies is exploring to launch. HKDR’s value will be 1:1 in Hong Kong dollars, and its backing reserves will be made up of high-quality, highly liquid assets safe-kept in a segregated custody account with licensed financial institutions. Details of the reserves will be available to the public through independent third-party attestation reports published on a regular basis.

For details: https://rd.group/hkdr

About LianLian Global:

LianLian Global, as a core brand of Lianlian Digitech, is a comprehensive and innovative enterprise in cross-border finance and services in China. With strong compliance strength and technological innovation capabilities, LianLian Global has built a global financial network to reach the world and a trade service network to cover the entire life cycle of merchants. Focusing on the core needs of cross-border enterprises, LianLian Global, together with industry eco-partners, has created a one-stop cross-border trade service platform that integrates store opening assistance, global funds collection, global acquiring, global payout, Lianlian FX, Lianlian financing service platform, tax refund assistance and other services to help Chinese brands expand their overseas markets.

Embrace Friendship and Joy with $FUKU: The New Token Inspired by the Next-Gen Doge 2752

In a move that unites the spirit of the iconic Doge meme with the love of new beginnings, the $FUKU token has officially launched to commemorate the friendship between KabosuMama, the beloved owner of Kabosu (the Shiba Inu behind the Doge meme), and her new friend, Fuku-kun. Drawing on the warmth and joy that Fuku-kun brings to their lives, $FUKU aims to foster a culture of friendship, happiness, and collaboration within the crypto community.

Launched on August 8, 2024, $FUKU has quickly gained traction across the crypto landscape, securing listings on over 10 exchanges and being verified on numerous platforms. With a maximum supply of 420,690,000,000 tokens, the project features unique elements such as LP burned, 0% taxes, no team-controlled tokens, and a renounced smart contract, all of which are designed to build trust and transparency.

The $FUKU community has already seen significant engagement, with contributions to trending efforts, numerous fan art creations, and widespread social media buzz. These successes highlight the project’s resonance with the broader Doge community and its potential to grow even further.

“$FUKU is more than just a meme token; it’s a celebration of the simple joys that Fuku-kun represents,” said a spokesperson for the project Mr. Lightspeed. “We’re thrilled to see the enthusiasm from the community as they embrace this new chapter in the Doge legacy.”

Security Assurance:

In terms of security, $FUKU is committed to transparency and safety. The project is currently undergoing an audit by Cyberscope. Once completed, the audit will be visible wherever the project is listed, providing additional confidence to our token holders.

How to Buy $FUKU:

$FUKU is now available for purchase on multiple centralized exchanges (CEX) including MEXC, LBank, Bitmart, and others. For decentralized exchange (DEX) enthusiasts, $FUKU can be acquired via Uniswap by following these simple steps:

  1. Use a hot wallet like MetaMask or Coinbase Wallet, or a cold wallet like Ellipal.
  2. Fund your wallet with ETH through your preferred method, ensuring you have enough to complete the transaction.
  3. Connect your wallet to Uniswap.org, select ETH, and enter $FUKU’s contract address.
  4. Complete the swap and join the $FUKU community.

The $FUKU project will continue to expand its reach, with plans for further exchange listings, community-driven initiatives, and collaborations that align with the token’s core values of joy and friendship.

ABDS Token a groundbreaking crypto project has officially launched on Uniswap 2836

ABDS Token, a groundbreaking cryptocurrency project, has officially launched on Uniswap, poised to revolutionize the cryptocurrency landscape.

ABDS Token aims to seamlessly integrate the most promising concepts of the crypto industry with the vibrant and nurturing environment of Web 3.0, fostering a new era of creativity, humor, and community engagement.

ABDS Token – A revolutionary step in digital finance. Crafted by ABD Systems, a leader in IT solutions for over 13 years, this token is your gateway to the cryptocurrency world.

Seamlessly integrating with our cutting-edge technology services, the ABDS Token simplifies your entry into the realm of digital currencies, offering a personalized and secure experience. It’s more than a token; it’s a commitment to innovation and ease in the ever-evolving landscape of digital transactions.

Vision:

ABD Systems is a Company with great goals, with a vision to a future without limits, with values marked within its people, with its mission set on high to create great innovations, making use of high technology, smart systems, simplification of the processes, we will achieve changes in our Country and Cities for the benefit of our society.

In order to achieve these goals and more, ABD Systems focuses on the development of services, creating a wide range of products for Citizenship and Government.

Benefits:

  • Ease of Transactions
  • Simplify buying, selling, and trading with user-friendly processes.

Enhanced Security:

  • Benefit from top-tier security features ensuring safe and reliable transactions.
  • Integration with Technology Services: Seamlessly works with ABD Systems’ technology solutions.

Accessibility:

  • Makes entering the crypto space more accessible for everyone.

Innovation in Digital Payments:

  • Stay at the forefront of digital finance with cutting-edge technology.

Join the Excitement:

To be part of this revolutionary crypto experience, follow the $ABDS community through these channels:

Website is: https://mx.abdsystems.com/es/abds-token
Twitter X: https://x.com/ABDSystems
Store: https://www.abdsystems.store

The SocialFi Yay! Announces Staking Campaign to Propel its Ecosystem Growth 3138

Yay!, a leader in the future of SocialFi, today announced the launch of the “Yay! Staking Campaign” on August 28 at 9 a.m. ET, designed to fortify the foundation of the Yay! Web3 ecosystem.

Since its launch in January 2020, Yay! has connected over 9 million people through shared interests. Yay! now plans to expand its token economy both within and beyond the platform using new web3 features. The upcoming features will introduce four tokens: “YAY” (governance token), “EMPL” (utility token), “Yay! Genesis” (NFT for creators of Pals), and “Yay! Pal” (NFT for play-to-earn). Genesis holders will play a crucial role in the ecosystem by supplying Pals in Yay!

Yay! is planning multiple airdrop campaigns to engage and reward its community. Today, an overview website for Staking Campaign and Airdrop has been published. Through the campaigns, Yay! aims to gather dedicated supporters to help build and strengthen the Yay! ecosystem.

Staking Campaign Website: https://portal.yay.space/stake
Airdrop Website: https://portal.yay.space/airdrop

Staking Campaign Overview

The Yay! Staking Campaign allows participants to earn various rewards, including protocol points, yields, Yay! Gold, and ???? points, based on the amount and duration of their staking. By inviting acquaintances, both the referrer and the invitee can earn additional rewards. Referral links are tied to wallets to connect to Yay! user accounts as future options. More vaults will be added gradually with different points and rewards.

Start Date: Start Date: August 28, 2024, at 9 a.m. ET

Participation Method:

  • Participants can start staking on the Yay! Dashboard (to be open on the Campaign website)
  • By inviting acquaintances through a referral link, both the referrer and the invitee can earn additional rewards.

Rewards:

Based on the staking amount and duration, participants can earn:

  • Yay! Gold
  • ???? points (details to be revealed later)
  • Protocol (Vault Partners) points

Additional rewards are available for referrals.

Campaign Remarks:

  • The total staking amount limit has been set for the initial phase. However, the total amount could be changed depending on the staking situation.
  • Unstaking will reset ???? points to zero, but Yay! Gold. Unstaking will stop Yay! Gold but already earned Yay! Gold will remain unaffected.
  • Lock-up conditions and the impact on points upon unlocking may vary depending on the protocol, thus please check each protocol’s regulations before unstaking.
  • As for StakeStone, the stakers will be able to earn Yay! Gold, ???? points, StakeStone points, EigenLayer points, Symbiotic points, and Mellow points. Stakers will receive 2x STONE-W1 points by staking ETH to StakeStone through Yay! Dashboard.
  • As for StakeStone, unstaking may take up to about 7 – 10 days to be reflected on Yay! dashboard.

Future Plans:

  • More staking vaults will be added gradually.
  • Different vaults will offer varying points and rewards.

Yay! Vault Partner: StakeStone

Yay! will be able to successfully launch the Staking Campaign in collaboration with our vault partners. The Yay! Staking Campaign allows stakers to select vault partners directly from the Yay! Dashboard, with these trusted partners managing the assets.

About StakeStone

StakeStone is an omnichain liquidity asset protocol building an adaptive staking network for liquid ETH/BTC. Through its yield-bearing asset, STONE/STONEBTC, it allows for asset staking beyond the traditional consensus layer. It is fully decentralized, has multi-underlying asset compatibility, automatic yield optimization, and maximizes capital efficiency for the crypto space. StakeStone is dedicated to establishing new standards for liquid assets and enhancing liquidity distribution to earn widespread user trust and adoption.

Website: https://linktr.ee/stakestone
Official X : @Stake_Stone

About Yay!

With the mission of “Building Community with Science,” nanameue operates Yay!, the virtual world of interconnected interests. Since January 2020, Yay! has been providing a place everyone can belong to more than 9 million users. Its users connect based on shared interests, manage their smaller communities, and enjoy chatting on group calls while playing their favorite video games. With the circle feature, currently over 100K community groups are created. Next, Yay! aims to realize the future of SocialFi by creating a token-based economy.

Yay! Official Website (web version): https://portal.yay.space/en
Download: https://yay.onelink.me/jqva/press
X Official Account Yay! Global (@Yay_Global) https://x.com/Yay_Global