MarsCoin(MARS)

The new insurance product will support organizations with digital assets held offline in cold storage, as well other custody solutions such as Multi-Party Computation (MPC).

“Even Mars may not be safe” if superintelligent AI turns against humanity, warns Ethereum co-founder Vitalik Buterin.

SOL has gained over 50% in two weeks with buyers from Coinbase playing a major role in powering the cryptocurrency higher.

The Republic of the Marshall Islands has passed legislation that takes its already advanced law for decentralized autonomous organizations (DAOs) a step further.

A bipartisan group of lawmakers is urgently calling upon the Biden administration to take swift action against the use of Bitcoin and other cryptocurrencies by Hamas and its associated entities. In a letter sent on Tuesday to both the US Treasury Department and the White House, led by Senators Elizabeth Warren, Roger Marshall, and Representative […]

[PRESS RELEASE – Marshall, Islands, October 5th, 2023] Poolz Finance proudly announces the launch of ‘Poolz Boost’, a Quest-to-Earn platform designed to revolutionize the campaign system in the cryptocurrency and NFT space. By offering a more effective and cost-efficient campaign outlet, ‘Poolz Boost’ aims to ensure that each campaign reaches its intended audience, fostering genuine […]

Mike Novogratz's firm has appointed Leon Marshall, its existing global head of sales, as its first European CEO.

Dogelon Mars (ELON) is a meme coin that has been gaining popularity in recent months. The token is named after the dog of Elon Musk, Dogecoin co-founder Billy Markus, and Dogecoin mascot Floki Inu. ELON is the fastest rising asset in crypto, ahead of Bitcoin (BTC), Chainlink (LINK), and Bluzelle (BLZ), in terms of discussion […]

Pepe is the king of meme coins, surpassing even Dogecoin to hit a $1 billion market cap with 2023 gains almost unheard of throughout the crypto space.

If you’re looking for different avenues of generating money with crypto, let yourself be carried to financial freedom by the top 3 meme coins of the industry. Among the vast array of choices, PepeCoin (PEPE), Dogelon Mars (ELON), and Elonator (ETOR) take the spotlight, all fostering unique communities and offering immense potential. But can one of them outshine the rest with a refreshing blend of Elon Musk, the Terminator and AI technology? The Powerful and Unexpected Entrance of PEPE People say the best things in life come unexpectedly, and PepeCoin, taking those words to its little frog heart, decided to jump onto the crypto scene as discreetly as possible. Although it didn’t even offer a presale, within merely two weeks, PEPE’s price surged from around $0.000000001 to a whopping $0.00000431, leaving the entire market in awe. One notable thing about meme coins is that they rarely offer real utility, and PEPE is no exception. Regarded by many as the most ‘memeable’ asset on the Ethereum blockchain, this frog phenomenon, unfortunately, holds no fundamental and substantial value. Yet, as we all witnessed, that didn’t stop PEPE from surging to unimaginable heights. But will its meme coin appeal be enough for PEPE to remain among the top 3 meme coins? Now imagine the success of a coin with a meme potential as strong as PEPE’s but with extensively improved utility. Addressing all those technical issues, Elonator emerged with a long list of solutions that will improve the market conditions. Presenting a swap machine, an anti-whale dumping mechanism, a token tracker, a liquidity pool locking, and many more, the team behind ETOR created a first-class ecosystem, making Elonator one of the best 100x meme coins available. Elon Making ELON Surge Trying to replicate the remarkable success of Dogecoin (DOGE), Dogelon Mars emerged as a promising dog-themed meme coin in the market, quickly surging toward the top 3 meme coins rankings. Using the influence of Elon Musk, the man hugely responsible for DOGE’s success, ELON based the whole project around an alien dog, loosely resembling Elon Musk, returning to Mars. The project aims to create an “intergalactic currency” that can be used beyond Earth to foster an inclusive and innovative ecosystem. Realising the extent of Elon Musk’s power, Elonator emerged like a shooting star, making the founder and CEO of Tesla the face of its project. Knowing that the billionaire has a track record of propelling digital assets to grow upon his endorsement, ETOR’s team curated a strategic plan that is bound to succeed. Already exceeding meme coin expectations with its innovative technology, Elon’s approval will make Elonator shine even brighter. > Experience the Power of Top 3 Meme Coins with Elonator With a skillful merge of AI and Elon Musk, Elonator (ETOR) could already make a long-lasting mark on its niche, becoming one of the giants of the industry. But as any genius would, ETOR’s team kept seeking ways for improvement, finding that magical element that made things even better. Knowing that real success only happens when innovation and longevity meet, Elonator channelled the energy of the indestructible Terminator, ensuring ETOR is not a seasonal asset but a long-term profitable investment. The good news doesn’t seem to end there, as Elonator presents one of the best crypto presales ever. With numerous lotteries and valuable prizes, ETOR is poised to attract the attention of investors worldwide, becoming a real force to be reckoned with. PepeCoin, Dogelon Mars, and Elonator in the crypto sea all fight for a spot among the top 3 meme coins. With Elonator merging the most powerful aspects of modern technology and being brand new to the market, ETOR will certainly explode in value. Make sure you seize the opportunity, join Elonator’s community, and enjoy the perks of investing in 100x meme coins! Now Is Elonator’s Time… Presale: https://buy.elonator.com/ Website: https://elonator.com Telegram: https://t.me/ElonatorCoin Twitter: https://twitter.com/ElonatorCoin Disclaimer: This is a sponsored press release and is for informational purposes only. It does not reflect the views of Crypto Daily, nor is it intended to be used as legal, tax, investment, or financial advice.

If you’re looking for different avenues of generating money with crypto, let yourself be carried to financial freedom by the top 3 meme coins of the industry. Among the vast array of choices, PepeCoin (PEPE), Dogelon Mars (ELON), and Elonator (ETOR) take the spotlight, all fostering unique communities and offering immense potential. But can one of them outshine the rest with a refreshing blend of Elon Musk, the Terminator and AI technology? The Powerful and Unexpected Entrance of PEPE People say the best things in life come unexpectedly, and PepeCoin, taking those words to its little frog heart, decided to jump onto the crypto scene as discreetly as possible. Although it didn’t even offer a presale, within merely two weeks, PEPE’s price surged from around $0.000000001 to a whopping $0.00000431, leaving the entire market in awe. One notable thing about meme coins is that they rarely offer real utility, and PEPE is no exception. Regarded by many as the most ‘memeable’ asset on the Ethereum blockchain, this frog phenomenon, unfortunately, holds no fundamental and substantial value. Yet, as we all witnessed, that didn’t stop PEPE from surging to unimaginable heights. But will its meme coin appeal be enough for PEPE to remain among the top 3 meme coins? Now imagine the success of a coin with a meme potential as strong as PEPE’s but with extensively improved utility. Addressing all those technical issues, Elonator emerged with a long list of solutions that will improve the market conditions. Presenting a swap machine, an anti-whale dumping mechanism, a token tracker, a liquidity pool locking, and many more, the team behind ETOR created a first-class ecosystem, making Elonator one of the best 100x meme coins available. Elon Making ELON Surge Trying to replicate the remarkable success of Dogecoin (DOGE), Dogelon Mars emerged as a promising dog-themed meme coin in the market, quickly surging toward the top 3 meme coins rankings. Using the influence of Elon Musk, the man hugely responsible for DOGE’s success, ELON based the whole project around an alien dog, loosely resembling Elon Musk, returning to Mars. The project aims to create an “intergalactic currency” that can be used beyond Earth to foster an inclusive and innovative ecosystem. Realising the extent of Elon Musk’s power, Elonator emerged like a shooting star, making the founder and CEO of Tesla the face of its project. Knowing that the billionaire has a track record of propelling digital assets to grow upon his endorsement, ETOR’s team curated a strategic plan that is bound to succeed. Already exceeding meme coin expectations with its innovative technology, Elon’s approval will make Elonator shine even brighter. > Experience the Power of Top 3 Meme Coins with Elonator With a skillful merge of AI and Elon Musk, Elonator (ETOR) could already make a long-lasting mark on its niche, becoming one of the giants of the industry. But as any genius would, ETOR’s team kept seeking ways for improvement, finding that magical element that made things even better. Knowing that real success only happens when innovation and longevity meet, Elonator channelled the energy of the indestructible Terminator, ensuring ETOR is not a seasonal asset but a long-term profitable investment. The good news doesn’t seem to end there, as Elonator presents one of the best crypto presales ever. With numerous lotteries and valuable prizes, ETOR is poised to attract the attention of investors worldwide, becoming a real force to be reckoned with. PepeCoin, Dogelon Mars, and Elonator in the crypto sea all fight for a spot among the top 3 meme coins. With Elonator merging the most powerful aspects of modern technology and being brand new to the market, ETOR will certainly explode in value. Make sure you seize the opportunity, join Elonator’s community, and enjoy the perks of investing in 100x meme coins! Now Is Elonator’s Time… Presale: https://buy.elonator.com/ Website: https://elonator.com Telegram: https://t.me/ElonatorCoin Twitter: https://twitter.com/ElonatorCoin Disclaimer: This is a sponsored press release and is for informational purposes only. It does not reflect the views of Crypto Daily, nor is it intended to be used as legal, tax, investment, or financial advice.

The meeting can take place in the Marshal's cell block attorney room as SBF could bring a laptop and a Wi-Fi device.

A connection between meme coins and popular social media platforms has altered how we perceive meme cryptos. Dogecoin (DOGE)’s playful attitude may find a new home and utility on X, formerly known as Twitter. Elon Musk, an elusive tech tycoon, is at the heart of this enticing proposition. Musk's well-documented liking for meme coins has aroused the interest of both enthusiasts and bankers. Do Elonator Coin (ETOR) and Dogelon Mars (ELON), two Elon-themed meme coins, also have the possibility of future integration with X.com? Could this be the beginning of a cryptocurrency revolution led by top meme coins? Will Dogecoin’s Token Integrate With X.com? Dogecoin began as a playful jest and quickly captivated the hearts of a global community. Dogecoin has proved its capacity to transcend traditional concepts of digital assets with its unique Shiba Inu logo and lighthearted approach, which piqued interest in its possible inclusion into a platform as significant as Twitter/X. The incorporation of Dogecoin into X might result in the widespread adoption of digital assets. Dogecoin's incorporation into Twitter's redesigned platform, X, gives a fascinating potential to alter the convergence of social media and cryptocurrency. This possible collaboration might not only enhance Dogecoin's standing in the crypto realm but also make the digital asset ecosystem more accessible and entertaining for new investors. Integrating X and Dogecoin could bridge the gap between online culture and technology. Dogelon Mars: A Distinct Theme With A Playful Charm A dog-themed meme currency, Dogelon Mars operates on the Ethereum blockchain. It takes the same route as other digital currencies like Dogecoin, Shiba Inu, and Floki Inu in its meme-centric focus. Its name is a mix of Dogecoin and Elon Musk, a multibillionaire businessman and outspoken Twitter supporter of Dogecoin. This currency has sparked considerable attention, raising the issue of whether it can follow in the footsteps of Dogecoin and benefit from integration with Twitter's X platform. Musk's participation in Dogelon Mars, while not as obvious as his involvement with Dogecoin, demonstrates Musk's ability to expand his influence beyond a single cryptocurrency. As Musk's space exploration efforts gather traction, Dogelon Mars' community-driven attitude matches his goal, creating a beneficial relationship that might lead to increasing demand and possible price increases. > Elonator Coin Next In Line For Integration To X.com The Elonator token was designed with a special combination of comedy, cultural significance, and promising investment opportunities. It seeks to write a new chapter in the history of meme-based digital assets. With this innovative strategy, the token may significantly advance the utility and adoption of cryptocurrencies in addition to acting as a speculative tool. Elonator supports a project that is driven by the community and benefits all of its investors. This dedication goes beyond the typical meme coin incentives. Investors receive significant rewards, including a brand-new Tesla. The Elonator protocol is further advanced than the invention of a passive revenue source. It also resolves a number of issues that have plagued the crypto industry thus far. The creation of a strong and varied community is Elonator's top aim. Elonator's possible integration with Twitter's newly renamed platform, X, carries the promise of a mutually beneficial connection that may completely alter the parameters of online interaction. Users might encounter a fresh manner of dealing with cryptocurrencies by integrating Elonator's capabilities into the X platform. It’s Time To Join Elonator Presale Elon Musk’s move to rename Twitter as X heralds a new age of possibilities, suggesting an intention to expand beyond its existing identity. As Twitter/X attempts to revolutionize the user experience, the inclusion of Dogecoin appears to be a bold move toward embracing the unorthodox and promoting unique interactions. And this can only mean good things for the new meme coins emerging. This inclusion acts as a catalyst as more people get interested in digital currencies, boosting awareness and adoption to new heights. It's time to invest in the Elonator Coin presale and be part of the future when the lines between social interaction and finance are redefined. As more top meme coins move to integrate with X.com, the growth and ROI opportunities will only continue to grow, too. For all things Elonator– Presale: https://buy.elonator.com/ Website: https://elonator.com Telegram: https://t.me/ElonatorCoin Twitter: https://twitter.com/ElonatorCoin Disclaimer: This is a sponsored press release and is for informational purposes only. It does not reflect the views of Crypto Daily, nor is it intended to be used as legal, tax, investment, or financial advice.

A connection between meme coins and popular social media platforms has altered how we perceive meme cryptos. Dogecoin (DOGE)’s playful attitude may find a new home and utility on X, formerly known as Twitter. Elon Musk, an elusive tech tycoon, is at the heart of this enticing proposition. Musk's well-documented liking for meme coins has aroused the interest of both enthusiasts and bankers. Do Elonator Coin (ETOR) and Dogelon Mars (ELON), two Elon-themed meme coins, also have the possibility of future integration with X.com? Could this be the beginning of a cryptocurrency revolution led by top meme coins? Will Dogecoin’s Token Integrate With X.com? Dogecoin began as a playful jest and quickly captivated the hearts of a global community. Dogecoin has proved its capacity to transcend traditional concepts of digital assets with its unique Shiba Inu logo and lighthearted approach, which piqued interest in its possible inclusion into a platform as significant as Twitter/X. The incorporation of Dogecoin into X might result in the widespread adoption of digital assets. Dogecoin's incorporation into Twitter's redesigned platform, X, gives a fascinating potential to alter the convergence of social media and cryptocurrency. This possible collaboration might not only enhance Dogecoin's standing in the crypto realm but also make the digital asset ecosystem more accessible and entertaining for new investors. Integrating X and Dogecoin could bridge the gap between online culture and technology. Dogelon Mars: A Distinct Theme With A Playful Charm A dog-themed meme currency, Dogelon Mars operates on the Ethereum blockchain. It takes the same route as other digital currencies like Dogecoin, Shiba Inu, and Floki Inu in its meme-centric focus. Its name is a mix of Dogecoin and Elon Musk, a multibillionaire businessman and outspoken Twitter supporter of Dogecoin. This currency has sparked considerable attention, raising the issue of whether it can follow in the footsteps of Dogecoin and benefit from integration with Twitter's X platform. Musk's participation in Dogelon Mars, while not as obvious as his involvement with Dogecoin, demonstrates Musk's ability to expand his influence beyond a single cryptocurrency. As Musk's space exploration efforts gather traction, Dogelon Mars' community-driven attitude matches his goal, creating a beneficial relationship that might lead to increasing demand and possible price increases. > Elonator Coin Next In Line For Integration To X.com The Elonator token was designed with a special combination of comedy, cultural significance, and promising investment opportunities. It seeks to write a new chapter in the history of meme-based digital assets. With this innovative strategy, the token may significantly advance the utility and adoption of cryptocurrencies in addition to acting as a speculative tool. Elonator supports a project that is driven by the community and benefits all of its investors. This dedication goes beyond the typical meme coin incentives. Investors receive significant rewards, including a brand-new Tesla. The Elonator protocol is further advanced than the invention of a passive revenue source. It also resolves a number of issues that have plagued the crypto industry thus far. The creation of a strong and varied community is Elonator's top aim. Elonator's possible integration with Twitter's newly renamed platform, X, carries the promise of a mutually beneficial connection that may completely alter the parameters of online interaction. Users might encounter a fresh manner of dealing with cryptocurrencies by integrating Elonator's capabilities into the X platform. It’s Time To Join Elonator Presale Elon Musk’s move to rename Twitter as X heralds a new age of possibilities, suggesting an intention to expand beyond its existing identity. As Twitter/X attempts to revolutionize the user experience, the inclusion of Dogecoin appears to be a bold move toward embracing the unorthodox and promoting unique interactions. And this can only mean good things for the new meme coins emerging. This inclusion acts as a catalyst as more people get interested in digital currencies, boosting awareness and adoption to new heights. It's time to invest in the Elonator Coin presale and be part of the future when the lines between social interaction and finance are redefined. As more top meme coins move to integrate with X.com, the growth and ROI opportunities will only continue to grow, too. For all things Elonator– Presale: https://buy.elonator.com/ Website: https://elonator.com Telegram: https://t.me/ElonatorCoin Twitter: https://twitter.com/ElonatorCoin Disclaimer: This is a sponsored press release and is for informational purposes only. It does not reflect the views of Crypto Daily, nor is it intended to be used as legal, tax, investment, or financial advice.

Singapore, Singapore, August 15th, 2023, ChainwireCrypto Exchange Huobi announced that the 7th round of Huobi's PrimeVote event is finished. In this round, a total of 12 projects competed for the listing, accumulating 226,040,064 votes in the form of "Rockets". After two rounds of intense voting, MinePlex (XFI) emerged as the winner, garnering a total of 208,172,999 "Rockets". XFI will soon get listed on Huobi for trading.In the final round of voting, XFI secured the win by amassing 208,172,999 "Rockets". XDAO secured the second position with 11,355,497 "Rockets" while AD and INS captured the third and fourth positions with 4,130,180 "Rockets" and 2,381,388 "Rockets" respectively. Huobi's official data reveals that participants casted a total of 226,040,064 "Rockets" with 5,176 individuals taking part. Notably, the "Rockets" used for voting witnessed a substantial 78% upswing compared to the previous round. Additionally, the 8th round of Huobi's PrimeVote event will carry on its worldwide search for outstanding projects by encouraging their participation in this vote-to-list event. The rules of the 8th PrimeVote will stay the same with "rockets" as the favored voting tool.Vote for projects with "Rockets" and win limited edition NFTsThe "Rocket Plan" is Huobi's newest endeavor aimed at enriching user engagement and experience. Rockets refer to the USDT equivalent of your average assets on Huobi over a 30-day period. 1 USDT equals to 1 Rocket. The Rocket value represents an integer without decimal places.The number of "Rockets" a user holds is determined by the balance of their assets. With an increased possession of "Rockets," users can wield more influence in the PrimeVote event, major platform decisions, new token airdrops, and other scenarios where "Rockets" come into play. This grants them a stronger voice and a larger share of rewards. To increase their Rocket values, users can improve their asset balances by making deposits and purchasing quality assets like BTC, ETH, HT, etc. Moreover, using "Rockets" to vote will not cause users' asset balance to be locked."Rockets" are users' tickets to take part in the PrimeVote events and also give participants a chance to mint limited edition NFTs in Huobi's Mars Program that offers $6 million worth of space travel.Based on Huobi's official announcement, a total of 12 projects were shortlisted in the 7th round of the PrimeVote event. As of August 9 202313:00 (UTC), EML and XDAO emerged as top performers in Group A while XFI and AD took the lead in Group B. These projects have advanced to the final voting stage. Following two rounds of preliminary and final voting, MinePlex (XFI) has stood out as the favored pick among the community by winning the championship of this event with a notable 208,172,999 "Rockets". MinePlex (XFI) represents an innovative CrossFi initiative by integrating the stability and liquidity of traditional financial instruments with the security and transparency embedded in blockchain technology. To realize this vision, the team is crafting a distinct blockchain v1.0 featuring the LPoS consensus algorithm. The MinePlex 2.0 blockchain adopts the DPoS consensus protocol.Huobi prioritize users and persistent crypto listings with community votesHuobi remains committed to upholding the principle of impartial listing and respects the choices of all users. It aims to establish a digital asset trading platform that is compliant, secure, and transparent. It returns the listing right to community users by allowing them to decide which tokens can be traded on Huobi. Launching PrimeVote not only identifies the most popular tokens and ensures listing quality but also maximizes the transparency and fairness of the listing process.To date, Huobi has successfully conducted seven rounds of the PrimeVote event by establishing a unique method for token listing. Looking ahead, Huobi will further refine event rules and introduce innovative features.About HuobiFounded in 2013, Huobi has evolved from a crypto exchange into a comprehensive ecosystem of blockchain businesses that span digital asset trading, financial derivatives, wallets, research, investment, incubation and other areas. Huobi serves millions of users worldwide, with a business presence covering over 160 countries and regions across five continents. Its three development strategies - "global development, technology drives development, and technology for good" underpin its commitment to providing comprehensive services and values to global cryptocurrency enthusiasts.Company Websitehttps://www.huobi.comContactMichael [email protected]

Singapore, Singapore, August 15th, 2023, ChainwireCrypto Exchange Huobi announced that the 7th round of Huobi's PrimeVote event is finished. In this round, a total of 12 projects competed for the listing, accumulating 226,040,064 votes in the form of "Rockets". After two rounds of intense voting, MinePlex (XFI) emerged as the winner, garnering a total of 208,172,999 "Rockets". XFI will soon get listed on Huobi for trading.In the final round of voting, XFI secured the win by amassing 208,172,999 "Rockets". XDAO secured the second position with 11,355,497 "Rockets" while AD and INS captured the third and fourth positions with 4,130,180 "Rockets" and 2,381,388 "Rockets" respectively. Huobi's official data reveals that participants casted a total of 226,040,064 "Rockets" with 5,176 individuals taking part. Notably, the "Rockets" used for voting witnessed a substantial 78% upswing compared to the previous round. Additionally, the 8th round of Huobi's PrimeVote event will carry on its worldwide search for outstanding projects by encouraging their participation in this vote-to-list event. The rules of the 8th PrimeVote will stay the same with "rockets" as the favored voting tool.Vote for projects with "Rockets" and win limited edition NFTsThe "Rocket Plan" is Huobi's newest endeavor aimed at enriching user engagement and experience. Rockets refer to the USDT equivalent of your average assets on Huobi over a 30-day period. 1 USDT equals to 1 Rocket. The Rocket value represents an integer without decimal places.The number of "Rockets" a user holds is determined by the balance of their assets. With an increased possession of "Rockets," users can wield more influence in the PrimeVote event, major platform decisions, new token airdrops, and other scenarios where "Rockets" come into play. This grants them a stronger voice and a larger share of rewards. To increase their Rocket values, users can improve their asset balances by making deposits and purchasing quality assets like BTC, ETH, HT, etc. Moreover, using "Rockets" to vote will not cause users' asset balance to be locked."Rockets" are users' tickets to take part in the PrimeVote events and also give participants a chance to mint limited edition NFTs in Huobi's Mars Program that offers $6 million worth of space travel.Based on Huobi's official announcement, a total of 12 projects were shortlisted in the 7th round of the PrimeVote event. As of August 9 202313:00 (UTC), EML and XDAO emerged as top performers in Group A while XFI and AD took the lead in Group B. These projects have advanced to the final voting stage. Following two rounds of preliminary and final voting, MinePlex (XFI) has stood out as the favored pick among the community by winning the championship of this event with a notable 208,172,999 "Rockets". MinePlex (XFI) represents an innovative CrossFi initiative by integrating the stability and liquidity of traditional financial instruments with the security and transparency embedded in blockchain technology. To realize this vision, the team is crafting a distinct blockchain v1.0 featuring the LPoS consensus algorithm. The MinePlex 2.0 blockchain adopts the DPoS consensus protocol.Huobi prioritize users and persistent crypto listings with community votesHuobi remains committed to upholding the principle of impartial listing and respects the choices of all users. It aims to establish a digital asset trading platform that is compliant, secure, and transparent. It returns the listing right to community users by allowing them to decide which tokens can be traded on Huobi. Launching PrimeVote not only identifies the most popular tokens and ensures listing quality but also maximizes the transparency and fairness of the listing process.To date, Huobi has successfully conducted seven rounds of the PrimeVote event by establishing a unique method for token listing. Looking ahead, Huobi will further refine event rules and introduce innovative features.About HuobiFounded in 2013, Huobi has evolved from a crypto exchange into a comprehensive ecosystem of blockchain businesses that span digital asset trading, financial derivatives, wallets, research, investment, incubation and other areas. Huobi serves millions of users worldwide, with a business presence covering over 160 countries and regions across five continents. Its three development strategies - "global development, technology drives development, and technology for good" underpin its commitment to providing comprehensive services and values to global cryptocurrency enthusiasts.Company Websitehttps://www.huobi.comContactMichael [email protected]

The United States Senate has passed an $886 billion military spending bill with strict anti-money laundering provisions for cryptocurrency. U.S. Senate Takes a Stand on Crypto On Thursday, the U.S. Senate made a significant move by passing the 2024 National Defense Authorization Act (NDAA), a $886 billion military spending bill that contains a provision that will significantly affect the crypto industry. Spearheaded by senators Kirsten Gillibrand, Cynthia Lummis, Elizabeth Warren, and Roger Marshall, the amendment aims to tighten oversight of financial institutions involved in crypto trading and clamp down on the use of crypto mixers and "anonymity-enhancing" assets. The senators hailed it as a substantial step in regulating crypto assets. Merging Existing Acts The amendment draws from two existing acts already presented earlier to the Senate. Elements from the 2023 Lummis-Gillibrand Responsible Financial Innovation Act and portions of Senator Warren’s and Senator Marshall’s Digital Asset Anti-Money Laundering Act, introduced in 2022, have been integrated into the bill. These additions mandate the Secretary of the Treasury to establish examination standards for crypto assets, helping with risk assessment and ensuring compliance with money laundering and sanctions laws. Furthermore, the Treasury Department will be required to conduct a study on countering anonymous crypto transactions, specifically targeting the use of mixers to obscure fund origins. Customary Approach To Legislation The inclusion of crypto-related provisions in a military bill may raise eyebrows. However, the practice of adding non-defense-related amendments to military bills is not uncommon. Furthermore, the senators have defended this move by highlighting the importance of combating illicit finance within the crypto industry. Senator Lummis emphasizes that this measure is crucial for identifying and rooting out bad actors in the sector. Additionally, the bill aims to address concerns related to national security, ensuring that crypto assets are not exploited to evade sanctions or fund terrorist activities. As the House has already passed its version of the NDAA, both chambers will now enter negotiations to reconcile differences and reach a consensus on the final version of the bill. This process is essential for the legislation's passage and enactment. Broader Regulatory Initiatives In conjunction with the NDAA, other congressional committees have also taken steps to address the regulatory challenges posed by the crypto industry. The House Agriculture Committee recently advanced the Financial Innovation Technology for the 21st Century Act to establish a federal regulatory framework for cryptocurrencies in the United States. The House Financial Services Committee passed its version a day earlier, focusing on establishing clear criteria for classifying crypto assets as securities or commodities. As the House and Senate continue their negotiations, the outcome will determine the extent of regulatory measures imposed on the crypto sector and its impact on financial institutions and traders alike. Disclaimer: This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice.

Entering the crypto economy is not a good idea for a country with “capacity constraints” and no central bank, the IMF thinks.

London, United Kingdom, July 6th, 2023, ChainwireNayms SAC Ltd., the leading crypto-native insurance marketplace, is proud to announce the issuing of the world’s first crypto-denominated industry loss warranty (ILW) through the second segregated account or ‘cell’ within its marketplace. This type of instrument is index-based and used for providing retrocessional reinsurance protection to property reinsurers.In this program, Nayms provides coverage for US named windstorm, attaching above a loss trigger of $60 billion. The basic structure aligns with other ILWs, but Nayms innovates on the traditional approach by using USD Coin (USDC) as the collateral within the segregated account on its independently audited Ethereum smart contract, and by securing that collateral through new mechanisms and concepts, including a digital multi-signature process, for enhanced transparency and efficiency.“This deal demonstrates so nicely the benefits of our business model and technology for a broad range of parties and opportunities. Notably, insureds gain access to alternative capital and investors can earn a return on their crypto that is fully regulated yet not correlated to most other financial instruments,” observed Dr. David Verbeeten, Chief Commercial Officer at Nayms.The purchaser is Prospero Re, a Bermuda insurer, wholly owned by Resolute Global Partners, with a strong commitment to innovation. For underwriting, Nayms was assisted by the deep domain knowledge of Daniel Vestergren, CEO of Varius Capital Partners Ltd. and former head of ILS at Hiscox Bermuda, who acted as general advisor. For seamless placement, both the purchaser and Nayms were guided by Guy Carpenter, who acted as sole placing broker.Tom Libassi, Co-Founder and Managing Partner of Resolute Global Partners, said, “We're proud to partner with Nayms to offer the first-ever property catastrophe reinsurance contract denominated in cryptocurrency. This contract is also the first ILW with a loss trigger based on the advanced catastrophe modeling technology behind our Footprint product, which provides coverage for severe losses along with a transparent, timely, and highly efficient way for investors to access the property catastrophe market.”The ILW market is part of the larger global property catastrophe reinsurance market, which generates more than $300 billion of annual renewal premium, presenting significant opportunities for insurers, insureds, and investors alike. Moving forward on the success of its innovative ILW, Nayms remains committed to deploying emerging technologies to reshape the insurance industry. The company invites interested parties to explore other pending investment opportunities. The company made estimates of the potential incomes in prospective segregated accounts within Nayms’ marketplace as such:a. Primary insurance for excess cyber liability, 10-15% ROIb. Primary insurance for smart contract hack and cross-chain bridging failure, 12-15% ROIc. Captive insurance for smart contract protection services, 8-12% ROId. Captive insurance for digital asset recovery services, 10-15% ROIAbout NaymsNayms is the world’s leading crypto-native insurance marketplace. The company is licensed in Bermuda for both general insurance (IIGB) and digital assets business (DABA Class F). It operates as a bridge between alternative capital and uninsured risk in the rapidly evolving digital assets’ space and other hard-to-place markets. It provides the technical and legal infrastructure over which diverse stakeholders, including insureds, insurers, underwriters, brokers, and others, come together to capitalise and transfer risk on-chain. Building on Ethereum, Nayms’ diverse team uses a smart contract to coordinate crypto-native payments, underwriting, claims handling, and capitalisation for a large variety of insurances.About Prospero ReProspero Re Ltd. is a Class 3A licensed reinsurance company domiciled in Bermuda and regulated by the Bermuda Monetary Authority. Launched in 2013 by long-term industry leader Don Kramer, Prospero Re is wholly owned by Resolute Global Partners Ltd. and offers both catastrophe and non-catastrophe reinsurance coverage to a wide range of insurance and reinsurance companies across the globe, predominantly in the United States, Europe, United Kingdom, Canada, Japan, and Australia. Business assumed includes property, marine, and offshore energy, as well as aviation and other sectors within the reinsurance market. We view our counterparties as partners and work to deliver meaningful solutions to our clients for their current and future needs. Prospero Re has an ‘A’ rating from Kroll Bond Rating Agency.About Guy CarpenterGuy Carpenter & Company, LLC is a leading global risk and reinsurance specialist with 3,400 professionals in over 60 offices around the world. Guy Carpenter delivers a powerful combination of broking expertise, trusted strategic advisory services and industry-leading analytics to help clients adapt to emerging opportunities and achieve profitable growth. Guy Carpenter is a business of Marsh McLennan (NYSE: MMC), the world’s leading professional services firm in the areas of risk, strategy and people. The Company’s more than 85,000 colleagues advise clients in 130 countries. With annual revenue of over $20 billion, Marsh McLennan helps clients navigate an increasingly dynamic and complex environment through four market-leading businesses including Marsh, Mercer and Oliver Wyman. For more information, visit www.guycarp.com and follow us on LinkedIn and Twitter.For more information on launching insurance vehicles at Nayms, contact [email protected]. For more information on Nayms and investment opportunities, contact [email protected] or visit Nayms': Official Website | LinkedIn | Twitter | Telegram | Medium | YouTubeContactHead of OperationsSarah [email protected]

[PRESS RELEASE – Singapore, Singapore, June 15th, 2023] Huobi, the virtual asset trading platform, announces Phase I of the Huobi Mars Program to kick off its ambitious plan to explore the universe. Get Huobi on Mars! By investing big in the space program, Huobi has shown its dedication as the leading cryptocurrency exchange for space […]

Singapore, Singapore, June 15th, 2023, ChainwireHuobi, the virtual asset trading platform, announces Phase I of the Huobi Mars Program to kick off its ambitious plan to explore the universe.Get Huobi on Mars! By investing big in the space program, Huobi has shown its dedication as the leading cryptocurrency exchange for space exploration. “Huobi's aspirations are to reach out far into the universe,” said Justin Sun, a member of Huobi Advisory Board. He also mentioned that, “Huobi will join hands with its users in embarking on this special journey throughout space and to explore the unknown. Huobi users will become the first in the Web3 field to enter space.”According to Huobi's announcement, the first phase of the Huobi Mars Program spans from June 2023 to June 2024 and consists of 12 rounds. Each round will include a themed activity under which the participating users need to complete the specified tasks and mint the space NFTs. For each round, one lucky user will be selected to win a monthly reward and the winner will be shortlisted as a candidate space passenger. In the second phase, the 12 candidates will be evaluated based on their physical fitness, training and preparation, community contribution, etc., to determine the eventual passenger for space travel with Justin Sun. The space flight is scheduled at a suitable time after July 2024.The first round of the Huobi Mars Program will last from 12:00 (UTC) on June 14 to 15:59 (UTC) on July 5, 2023. Participating users will need to complete the required one-time, revolving, or monthly settlement of spot trading, P2P transactions, futures trading, and Huobi Earn transactions in order to win space NFT rewards. A user will be offered one chance to mint a space NFT for each task completed, without upper limits.The space NFTs will be issued on the TRON Network and marketable on various NFT trading platforms. Users will need to link their TRON addresses on the event page in order to receive the minted NFTs. Users are advised to mint the NFTs as soon as possible, as the daily allocated NFT mints are capped and the minting qualification does not carry over to the next round. The first round of NFT minting time lasts from 12:00 (UTC) on June 14 to 15:59 (UTC) on July 15, 2023. The result for the first round will be released at 12:00 (UTC) on July 20, 2023.One lucky user will be drawn to win the generous monthly award and shortlisted as a candidate space passenger each month. The space flight will be broadcasted to the world via a livestream. The candidate space passenger shall be the holder of the NFT number that has been drawn. Huobi will also check the lucky NFT holder's TRON address, UID, KYC verification, etc., to verify the winner's identity. Please note that snapshots will be taken at the time of the result release to determine the winner. The winning space NFTs are not transferable. Any such transfer is deemed as a waiver of the reward.The lucky users shortlisted during the first round of Huobi Mars Program will not only qualify as a space passenger candidate but also enjoy the privilege of a 180-day exemption from spot trading fees on Huobi.Ancient astronomers observed the movement of stars to make calendars. In the contemporary time, Elon Musk's SpaceX has been blasting off next-generation rockets. Huobi is contributing its own share to this great cause. With this Mars Program, Huobi hopes to introduce space travel to more people, inspire more interest and passion, and promote the development of commercial spaceflight. This move demonstrates Huobi's commitment to innovation and exploration, as well as its financial strength.Get Huobi on Mars! Huobi will always be on the road and never stop.About HuobiFounded in 2013, Huobi has evolved from a crypto exchange into a comprehensive ecosystem of blockchain businesses that span digital asset trading, financial derivatives, wallets, research, investment, incubation and other areas. Huobi serves millions of users worldwide, with a business presence covering over 160 countries and regions across five continents. Its three development strategies - "global development, technology drives development, and technology for good" - underpin its commitment to providing comprehensive services and values to global cryptocurrency enthusiasts.ContactMichael [email protected]

[PRESS RELEASE – Marseille, France, May 24th, 2023] In an age where the crypto world is dominated by GameFi, DeFi, NFTs, and meme coins, Hestia is revolutionizing the industry by demonstrating how cryptocurrencies and blockchain technology can be applied to traditional economic projects. Hestia, a groundbreaking decentralized freelance platform, is harnessing the power of decentralization […]

The misguided Digital Asset Money Laundering Act sponsored by Senators Elizabeth Warren and Roger Marshall may be dead on arrival, but the crypto community should not ignore the conflict it represents between crypto and law enforcement, writes Chris Grieco.

The Digital Asset Anti-Money Laundering Act that Senators Elizabeth Warren and Roger Marshall are pushing through Congress is the legislative equivalent of a Trojan Horse, writes John Rizzo. It would effectively ban crypto in the guise of fighting money laundering.