NY Crypto Exchange Report Bearish for Bitcoin ETF Plans 1395

A new report drafted by the New York attorney general’s office (OAG) alleges that a significant number of cryptocurrency exchanges may be vulnerable to market manipulation, a finding that could prove ominous for hopes among investors that federal regulators will approve a bitcoin ETF or other exchange-traded crypto products in the near-term.

Bitcoin, according to Securities and Exchange Commission (SEC) Chairman Jay Clayton, is not a security under federal law. However, an exchange-listed fund that provides investors with exposure to bitcoin would be a security, which is why the approval of these products falls under the SEC’s purview.

While several bitcoin ETF applicants have sought to create a fund whose shares would be backed by physical BTC, the sentiment among most analysts is that the first cryptocurrency ETF to receive a green light from the SEC will be one that holds bitcoin futures, which are already regulated by the Commodity Futures Trading Commission (CFTC).

Currently, bitcoin futures are available on two regulated U.S. stock exchanges — CME and CBOE, both of which are based in Chicago. CBOE was the first to market with its cryptocurrency product, though CME’s sees much more average daily trading volume and bases its pricing data on a wider array of spot trading markets.

This is where the OAG report comes in. The report, published on Monday, is the culmination of a five-month investigation into the operations of 13 cryptocurrency exchanges. Among other things, the OAG examined whether exchanges, in its view, adequately combat market manipulation.

As noted by Bloomberg’s Matt Leising, three of the cryptocurrency exchanges that provide pricing data for CME’s future contracts had policies that the OAG flagged as problematic.

One, Kraken, incurred the OAG’s ire for publicly flouting the state’s inquiry, with CEO Jesse Powell arguing that market manipulation “doesn’t matter to crypto traders.” The report said that two others, Bitstamp and itBit, have no formal policies in place to prevent market manipulation.

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Popular BTM Operator: Bitcoin of America Welcomes Shiba Inu Coin to Its Bitcoin ATMs 7110

Bitcoin of America has officially announced the newest addition to their Bitcoin ATMs (BTMs). Shiba Inu coin is now available at Bitcoin of America ATM locations. Bitcoin of America has more than 1800 BTMs across 31 states. They recognized the growing popularity of Shiba Inu and decided it was time to include it in their BTMs. Bitcoin of America also offers Bitcoin, Litecoin, and Ethereum options. This news comes after their recent addition of Dogecoin in March of this year.

Bitcoin of America is a popular virtual currency exchange registered as a money services business with the United States Department of Treasury (FinCEN)(RegNum). They are known for their top-of-the-line customer support while also providing a fast and hassle-free transaction.

Bitcoin of America makes it easy for everyday businesses to get their hands on a Bitcoin ATM and for customers to buy Bitcoin. They take care of their host locations by providing passive income, increased foot traffic, and marketing. They even handle customer support and any maintenance/installation services.

The popular operator has made many updates to its BTMs and services over the past year. They launched their universal kiosks, which operate as a traditional ATM combined with BTM functions. Bitcoin of America has created a point-of-sale system for their tablet program, which has allowed businesses to accept cryptocurrency as a new form of payment. Bitcoin of America is constantly expanding and improving its services.

Data Mynt Payment Processing Platform Now Supports Bitcoin Payments 7016

Data Mynt, a leading provider of simple, stable cryptocurrency payment products, now enables payments over the Bitcoin network, which already supports roughly 225,000 transactions per day and $30 billion USD dollar equivalent volume per day worldwide (as of publishing).

Data Mynt merchants and partners join the 15,000 retailers that accept Bitcoin today, making it the world’s most widely used digital asset for payments. Retailers include Twitter, Whole Foods and Overstock.com.

Now the Data Mynt payment processing platform enables payments from any wallet and asset across the $2 trillion combined market cap (as of publishing) available to make a payment over the Bitcoin, Ethereum Mainnet and Polygon networks.

The Data Mynt payment processing solution enables merchants and enterprises to expand their payment options for their customers and partners. At the same time, it reduces payment processing costs and eliminates frictions such as chargebacks and crypto price volatility.

“As a payment processor, it only makes sense for us to enable our merchants and partners to accept what the world already accepts—the biggest cryptocurrency,” noted Data Mynt CEO Alex Christian. “Almost one-quarter of the US population owns Bitcoin. Many other countries such as Brazil, Indonesia, UAE, Singapore, Israel, India, Mexico, and South Africa have even higher adoption rates. Data Mynt merchants can feel good knowing they offer these Bitcoin owners another payment option.”

The dedicated Data Mynt global sales team began rolling out its payment platform in Q1 of 2022.

About Data Mynt

Data Mynt is a leading crypto payment processor. Its wallet, asset and blockchain-agnostic suite of solutions offer partners and merchants an omnichannel approach to accepting on-chain crypto payments free from volatility and the risks and costs of traditional payment methods. The Data Mynt payment platform is also designed to streamline implementation delivering a seamless customer experience. DataMynt.com

Popular BTM Operator Bitcoin of America Wins Silver in 11th Annual Best in Biz Awards 9196

Bitcoin of America has been named a silver winner in the Company of the Year – Midwest category in Best in Biz Awards, the only independent business awards program judged each year by prominent editors and reporters from top-tier publications in North America. Bitcoin of America is a popular virtual currency exchange, registered as a money services business with the United States Department of Treasury (FinCEN)(RegNum). Apart from ensuring a fast and hassle-free transaction, their customer support makes them the best in the industry.

Bitcoin of America has demonstrated rapid growth. In June of this year, Bitcoin of America’s Chief Financial Officer reported record company growth. In January, the company had a total of 630 Bitcoin ATMs. To date, they have seen a 138.095% increase in their number of locations. They even hit a major achievement of 1500 plus BTMs. Bitcoin of America has also seen enormous growth in their number of employees. In just one year their team grew over 32 percent.

Bitcoin of America also added new products, services, and even updates to their BTMS. In May, they announced the launch of their new universal kiosk. The kiosk combines the capabilities of a traditional ATM with a Bitcoin ATM. The universal kiosk is known to offer 3 different functions. The first is the traditional ATM feature where customers can dispense cash from a debit card. The second function is being able to buy bitcoin or other cryptocurrencies with cash. The last is that customers can sell crypto in return for cash. This is huge for business owners. These universal kiosks are bringing stores additional revenue streams, while also saving floor space. They also announced that Ethereum would be available for customers to purchase from any of their locations.

Besides offering cryptocurrency services to customers, Bitcoin of America has helped hundreds of businesses across the United States. Bitcoin of America offers a host program for store owners who are interested in cryptocurrency or are just looking to earn extra income. They take care of their host locations by providing them with passive income, increased foot traffic, and marketing. They even handle customer support and any maintenance/installation services.

SpaceSeven to Launch a Game-changing NFT Marketplace 5222

SpaceSeven

Switzerland, Zug, 24.11.2021: SpaceSeven — one of the few — if not the only scaled e-commerce, fully regulatory compliant NFT marketplace is expected to launch on November 23, 2021. The groundbreaking platform is built by Tacans, a Swiss-based Software development house, and Venture Builder, with an R&D center in Ukraine, on the Concordium blockchain platform. According to SpaceSeven, this allows the marketplace to significantly lower gas fees — to literally a fraction of the cost of Ethereum or other proof-of-work protocols, however, with transaction speeds that are ten times faster.

Packed with several game-changing features like ‘Universes’ that deliver unique experiences through exclusive customized galleries, SpaceSeven is undoubtedly redefining NFT marketplaces. The marketplace will also allow users to easily add NFTs from multiple networks and supports payment using crypto and credit cards.

Who is Behind SpaceSeven?

SpaceSeven is a multi-blockchain NFT marketplace built by Tacans with Concordium as its primary blockchain. Concordium is ideally suited to host NFTs as it offers 10x faster transactions than Ethereum and has incredibly lower gas fees.

Unlike other blockchains, Concordium is a Reg-DeFi-centric Layer 1 blockchain with an ID layer at the protocol level and fast and real finalization. This gives Concordium a competitive edge, as it is able to deploy a privacy-centric KYT design that protects legit users but at the same time enables it to revoke anonymity of certain transactions if needed.

Concordium’s unique ecosystem has empowered Tacans, the venture builder, to launch SpaceSeven which is an NFT marketplace that is truly sustainable, secure, and regulatory-compliant.

Lars Seier Christensen – Co-Founder & Group Chairman of Concordium and SpaceSeven

“I have been an investor, collector and lover of art for many years. I have never seen a greater opportunity for innovation, reaching new buyers, new creative formats and additional income streams for galleries and artists than the current development in the NFT industry. SpaceSeven is our contribution to this historic opportunity.”

What Problems Does SpaceSeven Solve?

While the growth of the NFT market offers many opportunities, significant challenges still plague the industry. These issues revolve around regulations, high fees, decentralization, security, and sustainability. With Concordium as its primary chain, SpaceSeven hit the ground running with solutions to overcome these challenges.

Regulatory Compliance

Designed with a built-in user identity layer at the protocol level, Concordium ensures that a user’s identity is confirmed and every transaction is trackable. Its Zero-Knowledge Proof design ensures two parties can interact and transact without revealing unclaimed information of the counterparty.

Low and Fixed Fees

Concordium’s transaction fees are well-defined and do not link to the value of an asset. Instead, they are fixed and backed into the protocol. The proof-of-stake model combined with incentive mechanisms ensures that transaction costs stay low and fixed.

Carbon-Net Neutrality

With Concordium’s proof-of-stake model that consumes minuscule amounts of energy compared to other blockchains like Ethereum and Bitcoin, SpaceSeven is proving to be one of the best eco-friendly NFT marketplaces.

Security

For better protection against fraud, Concordium transactions are assigned an encrypted ID. Furthermore, with Concordium’s two-layer consensus design, SpaceSeven remains secure if cybercriminals hijack less than 50% of its stake.

Decentralization

SpaceSeven aims to reduce entry barriers to the NFT market for digital artists, creators, and celebrities. The game-changing features listed above have enabled SpaceSeven to develop a secure, cost-effective, user-friendly NFT platform where all creators can mint and sell their NFTs at a fixed price or in an auction.

Wallet Integration

SpaceSeven will provide support for CryptoX Wallet in our NFT marketplace platform. This wallet will facilitate the CCD token, Concordium’s native token.

How to Access SpaceSeven

Our platform is available for users internationally. To mint, buy, or sell NFTs on the SpaceSeven NFT marketplace, visit our website.

Innovative Partnerships

ENTER Art Fair 2021
ENTER Art Fair 2021 recently signed a partnership with SpaceSeven. The world-renowned art fair based in Copenhagen has over 61 galleries, each minting one NFT. ENTER Art Fair aims to push beyond the confines of artistic conventions and experiment with innovative platforms. This ambition fits perfectly with what SpaceSeven stands for. Over 61 galleries participated in this event. Each gallery chooses just one of their top-rated artists to mint and sell a premium NFT on the SpaceSeven NFT marketplace. The event was held between August 26 – August 29, 2021.

DOROFEEVA NFT GAME
NFTs are now a global phenomenon and the launch of an NFT game with the participation of celebrities in Ukraine is raising great interest in the country. DOROFEEVA, one of the top Ukrainian pop singers, whose tracks are in the top charts of digital platforms, fashion influencer, blogger is the first one to join the platform. On the 27th of November, she will present the game being developed on the marketplace at The Conference.NFT together with SpaceSeven in Kyiv.

About SpaceSeven
SpaceSeven is the world’s first NFT marketplace built on the eco-friendly and highly effective Concordium blockchain as its primary chain. SpaceSeven allows artists to mint NFTs at low fees, showcase their work in exclusive universes, and sell them effortlessly.

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Submit Your News to 40 Crypto-related Websites 4179

Coin PR Kit

Coin PR Kit will publish your press release, news, guest post, article, interview, review on up to 40 Crypto and Bitcoin related websites, selected by you prior to publication. Your news will remain available in websites database as long as you wish. Let us describe the way we work. We are ready to offer you surprising options for cooperation!

We deal with 40 Crypto and Bitcoin related websites worldwide and we have possibility to publish on those websites the news, press releases, guest post, articles, interviews, reviews and etc. After receiving the text from you, we publish it within 2-8 hours, and then we send you the links to all publications (see an example of report).

Simple & Clean Work Process

The process of ordering and publishing of text on selected websites is very simple and consists of the several steps:

1. Go to our Store
2. Select websites to publish
3. Add websites to Cart
4. Attach an article on the Checkout page
5. Pay and receive invoice
6. Websites promote it in 2 – 8 hours
7. We will send you links after publications

Our Store

All 40 Crypto and Bitcoin related websites are available in our store, see the list of websites at the following link. You can choose any website at the very moment of purchasing of publication. Our standard price is €25 per one website, but when you select more than 10 websites the discount system will be activated automatically in the store.

The price for one publication may be €20 if you add at least 10 websites to your cart. When you add 20 websites to your cart, the publication on one website will cost €15. And if you add 30 or 40+ websites you will get the price of €10 for each.

What if you need a lot of publications and you want to do it during several months?

Then we are ready to give you even more discounts! If you add to your cart at least 100 websites (each website can be added many times), you will get the price of €8 per one publication. This option is designed especially for big advertising companies of for dealing with advertising agencies.

We have no time limits for publications. You can make a stock purchase in advance and add 100 or more websites to your cart at one time to get a price of €8 and then publish articles when the time is right. You can send us different texts for different time of publications or for different websites. The length of the text should not exceed 8000 words. Show up on the homepage and NO advertising labels. In the text you can use 5 links (dofollow or nofollow), 5 images and 2 videos from YouTube.

All your purchases in our store will be accumulated and when the total amount of your purchases gets up to €2000 you automatically receive your personal coupon for one discount of 10%. Thus the price for one website will be much more reduced. For example, you add to the cart 100 websites, the total price for publication is €800 (discount: €8 per website), then you use your 10% discount coupon and the total price becomes €720 (€7.20 per website).

But that is not all yet! If the total amount of all your purchases in our store exceeds €4000, you automatically receive the VIP status (lifetime) and get an additional lifetime 20% discount on any purchase in our store. For example, you add 100 websites to your cart, the cost of posting is €800 (discount: €8 per website), but since you are the VIP status, you automatically get additional a 20% discount and the total cost of your order becomes €640 (€6.40 per website).

At the same time, if you would like to sum up all your purchases you should register your account in our store in order to keep your buying story. The process of registration takes less than a minute – you just need to put your email and password. Please register at the following link. Your buying records will be available in your account as well as the invoice for each purchase. Also your invoice will be sent to your email automatically after payment.

Payment and Publication

After adding the websites to your cart you will be forwarding to Checkout page. At the Checkout page you can choose the way of payment. We accept for payment: BTC, ETH, LTC, XRP, TRX, USDC, USDT (ERC-20 and TRC-20). Choose a cryptocurrency for payment, push the confirmation button and you will see the total sum of payment in the browser (it will be also sent to your email) and the address of wallet for transaction.

At this moment the status of your order will be “Hold”. After transaction of cryptocurrency to our wallet it takes 12 confirmations. After 12 confirmations your order status will be updated to “Completed”. Then you will receive an email confirming that we start working with your order. We need 2-8 hours to fulfil it. If your order comes at night (Helsinki UTC +2), we shall start work at 9 am. Please be attentive at planning.

80 Crypto and Bitcoin Related Websites

At present there are 40 Crypto websites worldwide cooperating with us. We are growing and enlarging our partnership network of publishers. Today we negotiate with 10 more crypto websites and we hope they will join our store within the nearest months. Then the total quantity of our partners will be 50. We are planning to conclude contracts with at least 100 crypto websites worldwide in half a year.

We choose our publishers very carefully and work only with well-established websites. Therefore, we offer a selection of websites in our store. You choose the websites for your publication yourself. Our cooperation with you will always be transparent and every time you will receive a report with a link to the publication of the text on the website chosen by you.

ZIM & Marius Nacht complete additional investment in WAVE BL, a leading provider of a paperless Bill of Lading solution 27446

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.”