Voyager Token(VGX)

[PRESS RELEASE – George Town, Cayman Islands, February 4th, 2024] The VGX Foundation, a Cayman Islands-based Foundation Company, announced today its collaboration with Gala Games to integrate VGX, the token formerly used by the now-defunct crypto brokerage firm Voyager Digital, into VGX-specific game titles. This integration will serve as the foundation for a reward token, […]

VGX Foundation and Gala Games to Collaborate on new Web3-Enabled Games

The native token [VGX] of bankrupt crypto brokerage firm Voyager Digital surged by 19% on Friday after on-chain data revealed that a Voyager wallet sent 52 million tokens ($7.3 million) to a burn address.

Decentralized exchange LeetSwap, built on Coinbase’s Layer 2 blockchain Base, recently suspended trading due to fears of a potential exploit. Furthermore, Coinbase and Base are also dealing with the aftermath of the SEC’s lawsuit. LeetSwap Halts Trading Amid Security Concerns Trouble is brewing in the Coinbase ecosystem as multiple challenges loom ahead. On the one hand, is the BALD coin crash, which has prompted leading DEX on the Base blockchain, LeetSwap, to halt trading. The DEX tweeted that they detected a security vulnerability in their factory, leading them to suspect compromised pool liquidity. As a result, trading was temporarily stopped for further investigation. PeckShield, a crypto-security firm, reported that approximately 340 ETH (equivalent to $630,000) had been exploited from liquidity pairs on Base, highlighting the severity of the situation. Bald Memecoin's Crash Shortly before the trading pause, Bald, a popular memecoin, experienced a significant crash in value. The token's developer withdrew a substantial sum of 6,800 ETH ($12.5 million) from the liquidity pool on LeetSwap. This sudden move raised eyebrows and further added to the challenges faced by Base's leading DEX. Base and Coinbase's Regulatory Woes Base, as an Ethereum Layer 2 (L2) chain, empowers developers to build decentralized apps using Coinbase's products, users, and tools. However, Coinbase has been dealing with its own regulatory challenges after falling in the crosshairs of the U.S. Securities and Exchange Commission (SEC). The latter has demanded Coinbase suspend all cryptocurrency trading except for Bitcoin, and upon questioning the decision, the regulatory body filed a lawsuit against the exchange. SEC’s Lawsuit Against Coinbase According to the lawsuit filed by the SEC, the regulatory body deemed 13 assets on Coinbase, including Solana (SOL), Polygon (MATIC), Cardano (ADA), FIL, SAND, AXS, ICP, NEAR, CHZ, DASH, VGX, and NEXO, as securities. The SEC also accused Coinbase of failing to register as a broker, clearing agency, or national securities exchange, indicating that the exchange was not adhering to the established disclosure regime for the U.S. securities markets. Coinbase CEO Brian Armstrong stated that the exchange had limited choices in dealing with the SEC's demands. Following the regulator's instructions would have set a dangerous precedent and conveyed the wrong message. Therefore, it found itself caught between compliance and potential harm to the cryptocurrency industry's principles. Issues Pile Up For Coinbase LeetSwap's trading halt and the exploits on Base's liquidity pairs have raised serious concerns about security vulnerabilities on the Coinbase-backed blockchain. Additionally, Bald's dramatic crash and Coinbase's ongoing legal battle with the SEC have further complicated matters for the platform. The situation highlights the challenges and uncertainties surrounding the crypto industry's regulatory landscape and emphasizes the need for continued vigilance and security measures to protect investors and users 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.

Coinbase CEO Brian Armstrong has revealed that the United States Securities and Exchange Commission (SEC) had asked Coinbase to halt all cryptocurrency trading, except that of Bitcoin. According to Armstrong, the SEC had requested this prior to suing the exchange for failing to register as a broker. Delist Every Asset Apart From Bitcoin The Coinbase CEO made the revelation in a detailed interview, stating that the Securities and Exchange Commission had made the request before suing the exchange. Armstrong added that the regulator approached the exchange, stating that they viewed every other asset apart from Bitcoin as a security and asking Coinbase to delist assets it viewed as securities. When Coinbase asked how the SEC came to that conclusion, the regulator declined to explain its interpretation of the law. Armstrong stated, “They came back to us, and they said… we believe every asset other than Bitcoin is a security. And, we said, well, how are you coming to that conclusion, because that’s not our interpretation of the law. And they said, we’re not going to explain it to you; you need to delist every asset other than Bitcoin.” According to the lawsuit filed by the Securities and Exchange Commission against Coinbase, it viewed 13 assets as securities. The assets in question are Solana (SOL), Polygon (MATIC), Cardano (ADA), FIL, SAND, AXS, ICP, NEAR, CHZ, DASH, VGX, and NEXO. The agency also accused Coinbase of failing to register with it as a broker, clearing agency, or national securities exchange. This, according to the SEC, meant that Coinbase was dodging the disclosure regime established by the United States Congress for the US securities markets. Not Much Choice At That Point Armstrong added that the exchange did not have much choice at the time. He added that if Coinbase had followed the Securities and Exchange Commission’s instructions, it would set a wrong precedent and send out the wrong message. Coinbase accepting the SEC’s instructions would have meant that most businesses and entities in the crypto space would have been deemed to be operating outside the law unless they had registered with the Securities and Exchange Commission. Armstrong added that delisting every asset apart from Bitcoin would have effectively ended the crypto industry in the United States. “We really didn’t [did not] have a choice at that point; delisting every asset other than Bitcoin, which by the way, is not what the law says, would have essentially meant the end of the crypto industry in the US. It kind of made it an easy choice… let’s [let us] go to court and find out what the court says.” Ripple-SEC Case Provides Some Regulatory Clarity The crypto industry in the United States has been asking the Securities and Exchange Commission for better regulatory clarity. While the SEC has not been forthcoming, the recent SEC-Ripple case ruling brought some much-needed clarity on the subject of security and non-security. In the Ripple-SEC case, the judge ruled that XRP is not a security. The asset’s sale on exchanges, distribution to developers, sales by employees, and distribution to charities were all off the radar. However, the judge ruled that institutional sales of the XRP token were in violation of federal securities laws. After Ripple’s partial victory, many experts and industry watchers believe the ruling would benefit the Coinbase lawsuit. SEC And Coinbase: The Case So Far The Securities and Exchange Commission had sued Coinbase in June, alleging that the exchange allowed investors and traders to purchase, sell, and trade crypto asset securities. The filing stated that Coinbase merged three functions typically separated in traditional markets: clearing agencies, brokers, and exchanges. “Coinbase has never registered with the SEC as a broker, national securities exchange, or clearing agency, thus evading the disclosure regime that Congress has established for our securities markets.” The Securities and Exchange Commission filed its lawsuit against Coinbase in the US District Court for the Southern District of New York. The lawsuit alleged that the exchange violated several registration provisions of the Securities Exchange Act of 1934 and the securities offering registration provisions included in the Securities Act of 1933. At the time, Gurbir S. Grewal, the director of the SEC’s enforcement division, had stated, “You simply can’t ignore the rules because you don’t like them or because you’d prefer different ones: the consequences for the investing public are far too great.” 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.

Get ready to ride the crypto wave as we delve into the explosive growth of Uwerx, the groundbreaking Web 3 platform poised to revolutionize the freelance industry. In this article, we will explore the potential for a massive increase in the crypto market, with a focus on Dash (DASH), Cosmos (ATOM), Algorand (ALGO), Solana (SOL), Voyager Token (VGX), and Uwerx. Brace yourself for an exhilarating exploration of these six cryptocurrencies and their projected 100x surge in value in 2023. Top 6 Cryptos to Buy: Experts Forecast a 100x Surge in Price In 2023 1. Dash (DASH): Empowering Everyday Transactions in Developing Economies 2. Cosmos Hub (ATOM): Pioneering Interoperability for the Future of Blockchains 3. Algorand (ALGO): Building the Future of Decentralized Applications and Financial Services 4. Solana (SOL): Empowering Decentralized Applications with Lightning-Fast Speed and Scalability 5. Voyager Token (VGX): Unlocking Rewards and Safe Trading on the Regulated Crypto Broker Platform 6. Uwerx (WERX): Revolutionizing the Freelance Landscape with Unprecedented Security Dash (DASH): Empowering Everyday Transactions in Developing Economies Dash (DASH) is an open-source cryptocurrency dedicated to revolutionizing daily transactions. With the vision of becoming a widely accepted digital currency akin to cash, credit cards, or PayPal, Dash (DASH) aims to facilitate seamless and convenient purchases. By venturing into economically distressed regions like Venezuela, Dash (DASH) has proven its commitment to providing accessible financial solutions in challenging environments. Currently priced at $30.16, with a 24-hour trading volume of $30,669,214, Dash (DASH) has shown steady growth, experiencing a 2.52% increase in the last 24 hours. Encouragingly, reputable market analysts predict a surge in Dash (DASH)'s value, projecting it to reach $54.31 by 2024. This forecast is attributed to the ongoing expansion of Dash (DASH)'s operations in developing countries, further bolstering its global presence. Cosmos Hub (ATOM): Pioneering Interoperability for the Future of Blockchains Cosmos Hub (ATOM) is a groundbreaking blockchain project revolutionizing the concept of interoperability among different blockchains. With its mission to establish an "Internet of Blockchains," Cosmos Hub (ATOM) enhances connectivity and communication between disparate blockchain networks. As of now, Cosmos Hub (ATOM) is valued at $8.76, with a 24-hour trading volume of $63,578,552. With a remarkable ranking of #20 on CoinMarketCap, Cosmos Hub (ATOM) boasts a market cap of $3,036,246,050. Market experts project that the price of Cosmos Hub (ATOM) could soar to $17.70 by Q4 2024. This optimistic forecast stems from the project's relentless dedication to advancing interoperability, offering increased scalability, and fostering seamless interaction between blockchain ecosystems. Algorand (ALGO): Building the Future of Decentralized Applications and Financial Services Algorand (ALGO) is a revolutionary cryptocurrency and blockchain platform that aims to revolutionize the development of decentralized applications (dApps) and financial services. Currently priced at $0.115308, with a 24-hour trading volume of $27,075,481, Algorand(ALGO) has emerged as a prominent player in the crypto market, securing the #42 ranking on CoinMarketCap. Market experts predict a potential price increase of $0.21 by Q4 2024. This projection is based on Algorand (ALGO)'s solid technological foundations, its ability to address scalability concerns, and the growing demand for decentralized applications and financial services. Solana (SOL): Empowering Decentralized Applications with Lightning-Fast Speed and Scalability Solana (SOL) stands as a cutting-edge blockchain platform that delivers unparalleled speed, security, and scalability for decentralized applications (DApps) and crypto assets. By incorporating a unique combination of advanced technologies and strategic design choices, Solana (SOL) tackles the scalability challenges that often plague other blockchain networks. As of today, Solana (SOL) boasts a price of $15.21, accompanied by a robust 24-hour trading volume of $284,354,569. Solana's (SOL) impressive performance has earned it the #11 rank on CoinMarketCap, with a thriving live market cap of $6,068,806,983. Analyzing market trends and conducting in-depth research, crypto analysts have expressed strong confidence in Solana (SOL)'s potential, predicting a potential price surge to $28.40 by the end of 2024. Voyager Token (VGX): Unlocking Rewards and Safe Trading on the Regulated Crypto Broker Platform Voyager Token (VGX) stands as the native cryptocurrency token utilized on the Voyager Token (VGX) platform, a regulated crypto broker that facilitates seamless and secure trading of crypto assets. With a current price of $0.101582 and a 24-hour trading volume of $3,107,810, Voyager Token (VGX) has secured the #476 rank on CoinMarketCap, boasting a market cap of $28,288,865. By conducting meticulous market analysis, experts in the field are confident in the potential growth of Voyager Token (VGX), projecting a price surge to $0.22 by the end of 2024. Uwerx (WERX): Revolutionizing the Freelance Landscape with Unprecedented Security Uwerx, the revolutionary force in the freelance landscape, is set to make an extraordinary impact with its groundbreaking launch. One key aspect that sets Uwerx apart is its unwavering commitment to security and integrity. Investors can find solace in the fact that team tokens are securely locked for nine months, ensuring stability and trust. Additionally, Uwerx plans to lock Token Liquidity for an impressive 25 years, providing long-term protection for investors and reinforcing the platform's credibility. Uwerx has undergone rigorous audits by leading firms such as SolidProof and InterFi Network to further solidify its commitment to security. Following its recent listing on CoinSniper and upcoming plans for Uniswap, Uwerx is actively broadening its horizons, increasing accessibility and market visibility. Uwerx (WERX): Presale Opportunities and Thriving Community Uwerx's presale is making waves as it enters Stage 5, offering tokens at an enticing price of $0.041 each with a 15% bonus on every purchase. The response has been extraordinary, with Uwerx seamlessly completing presale stages 1 to 4 at an astonishing pace. As the presale draws to a close on July 31st, Uwerx has captivating plans in store, including an exclusive Test Airdrop, providing users with a tantalizing taste of the immense possibilities that lie ahead. The community's feedback is highly valued and has influenced token allocations, showcasing Uwerx's commitment to its users. Share your thoughts and suggestions at [email protected] and be part of shaping the future of freelance platforms. Uwerx (WERX): Revolutionary Platform Features and Exciting Milestones Uwerx has unveiled the Alpha version of its platform, providing users with a glimpse into its innovative capabilities. This initial release showcases Uwerx's commitment to delivering an unparalleled user experience. Continuous updates and improvements are planned to further enhance the platform, setting the stage for an exciting journey of growth. Recently, Uwerx released a comprehensive update on the Alpha platform, presenting users with a detailed and user-friendly PDF spanning ten pages. From the seamless signing-up process to the talent discovery journey, Uwerx ensures a seamless and intuitive user experience. The transition from Alpha to Beta is on the horizon, marking a significant milestone in the project's trajectory and generating anticipation for the platform's future evolution. Token holders of Uwerx can look forward to a meticulously designed 6-week vesting period following the conclusion of the presale. This carefully structured distribution schedule promotes stability and long-term commitment, with increasing percentages over time. By participating in Uwerx's success from day one, token holders become an integral part of the extraordinary journey that lies ahead. Join the Uwerx Revolution now by taking advantage of the 15% bonus in the presale: Presale: invest.uwerx.network Telegram: https://t.me/uwerx_network Twitter: https://twitter.com/uwerx_network Website: https://www.uwerx.network/ 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.