The world has experienced the largest economic shock in decades due to the coronavirus pandemic. Despite the crisis, the emergence of blockchain technology has brought new hope to the world. As professional platforms for digital asset trading, digital asset exchanges play a key role in the age of digital economy.
Btlux, the world’s first crypto exchange to bridge the gap between the real economy and digital economy, has officially launched. Btlux is committed to developing the ecosystem of crypto assets, providing the most professional crypto asset trading services for global investors, and creating the most fair and just digital asset trading platform.
China became the first major economy to grow in spite of the coronavirus pandemic. There are many high-quality enterprises in China, but it is usually hard for overseas investors to invest in them. Nevertheless, BtLux offers global investors an easy way to gain promising returns from those Chinese companies. All projects listed on BtLux have great intrinsic value and prospects, including solid support of substantial industry and large-scale user base. The consensus among these incremental users makes it easy to gain synergy from the application expansion built with inbound marketing.
With more than 200 risk control measures, Btlux offers professional, safe and stable digital asset trading experience globally. It creates a secure, efficient, stable and fair trading platform for all users via a professional technical operation team and a 24/7 customer service team. Meanwhile, Btlux Exchange is focused on empowering physical industry incubation through blockchain with a new partnership model, aimed at shaping new industry rules and creating a cross-cutting financial ecosystem.
The first project listed on BtLux is SEA. BtLux and SEA are both incubated and invested by the Singapore V Foundation. SEA is a second-generation value exchange network designed to provide infrastructure for node business operations. SEA integrates the underlying blockchain technology with the real economy while BtLux builds a trading platform for high-quality blockchain projects and provides integrated financial services for the digital ecosystem of the real economy.
An airdrop will be launched as BtLux has officially gone live. You just need to sign up for BtLux exchange, complete second-level KYC and follow BtLux on Twitter to win your SEA for free. Moreover, a new project IHC (Intelligent Health Chain) will be exclusively listed on BtLux with a series of rewarding events, offering a good chance to invest in a robust project backed by the digitalized real economy. Our events include the IHC price quiz and the initial listing bonus. Their details are available on our official website and social media channels. At the same time, BtLux intends to get the trading platform listed by incubating and mentoring those good projects in the real economy, so it has launched the Genesis Partner Equity Incentive Plan “Apollo Project Contract” (APC), which can help participants get 150%-300% profits. In the future, BtLux will keep expanding globally and has lots of rewards and events in store for users worldwide, so please stay tuned to our social media for more updates.
BtLux will lead the digitalization of the real economy and create a global ecosystem of digital economy. It is believed that there will be more opportunities as BtLux moves toward the digitalized real economy.
For more information, please check out: https://www.btlux.co/.
Elon Musk Advises Crypto Users To Secure Their Crypto Keys Properly
The crypto community has not gotten over the fact that the world’s richest man has now invested in Bitcoin and has been pretty active in the industry.
However, the community is now receiving security tips for storing cryptocurrencies from Tesla’s chief executive officer. While pointing the security of cryptocurrencies, Tesla also criticized Freewallet app, a crypto wallet for its slack in security.
He also added that crypto investors should not bother doing business with wallets that don’t provide them with private keys.
Users should store their private keys
The unique way cryptocurrencies are stored makes them not redeemable when the keys are lost. Whether the holder stores them with third-party custodians or exchanges, the owner can only claim them when they provide keys to the crypto funds.
That makes securing the keys the most important thing when dealing with cryptocurrencies. As a result, selecting the safest hot or cold wallet is a priority if users want to keep their crypto investments safe.
Elon Musk has come out to advise investors to always store their private keys personally. For a company to receive the attention of the world’s richest man is something to take advantage of to grow. However, FreewalletApp’s short conversation with Musk is a sort of negative publicity to them.
After the company engaged with Musk about a Dogecoin-related post, the Tesla founder pointed out faults with the firm.
He advised digital asset investors to stay…
Bitcoin Surges After Tesla Bought $1.5 Billion Worth of BTC
The sudden rise of Bitcoin has been connected to the decision taken by the Tesla electric car company to buy $1.5 billion worth of Bitcoin.
The company explained in a filing with the Securities and Exchange Commission (SEC) that it bought Bitcoin to diversify its cash returns and more flexibility.
Musk’s Tweets also impacted Dogecoin’s price
Tesla also added that it will start accepting Bitcoin payments for all its products, although this will be based on a limited basis and applicable laws. If the company concludes and starts accepting cryptocurrency, it will make it the first major car manufacturer to accept Bitcoin payments. The company’s founder and Chief Executive Officer Elon Musk has developed an interest in Bitcoin and cryptocurrencies.
He has been tweeting severally about the viability of the Dogecoin (DOGE), which doesn’t have an important market value attached to it.
ur welcome pic.twitter.com/e2KF57KLxb
— Elon Musk (@elonmusk) February 4, 2021
Few hours after endorsing Dogecoin, the cryptocurrency rose by an impressive 50%. But regulatory authorities are still concerned about the risks in cryptocurrency investments, with several regulatory bodies warning traders and investors they could lose all their money from crypto investments.
But for Tesla, the company decides to diversify its funds and increased its cash returns. However, Tesla also warned investors about the volatility of Bitcoin’s price in its SEC filing. According to the SEC…
Partnership Between Bridge Mutual & AllianceBlock Announced
Decentralized peer-to-peer discretionary digital asset coverage platform Bridge Mutual has announced a partnership with AllianceBlock. AllianceBlock is a decentralized, blockchain-agnostic layer 2 protocol bridging decentralized finance with traditional finance. The partnership will allow AllianceBlock and Bridge Mutual to provide traditional investors with a protected bridge to DeFi through decentralized coverage.
“Discretionary coverage is a very important part of our ecosystem, so we are excited to partner with Bridge Mutual and leverage each other’s technologies,” says Rachid Ajaja, CEO of AllianceBlock. “We look forward to building an ecosystem where all participants have access to the best products while mitigating the ever-present risk of smart contract failure, hacks, and the resultant loss of collateral value.”
In 2020, as much as $200 million worth of digital assets was lost in attacks on major digital asset services. Bridge Mutual’s platform gives users the option to purchase and provide discretionary coverage, reducing investors’ risk of losing funds because of theft, exchange hacks, stablecoin price crashes, exploited contracts, and other vulnerabilities in digital assets.
By using Alliance Block’s multi-pair liquidity mining platform, Bridge Mutual will be able to offer BMI token holders instant liquidity through staking and high APY rewards for a variety of pairs. Once integrated into AllianceBlock’s P2P lending platform, Bridge mutual will be able to provide coverage to investors. Additionally, Bridge Mutual is working towards…