CryptoUniverse: We get profit when you get profit 3093

CryptoUniverse

We could not wait to present you the first part of the huge transformation. CryptoUniverse is always trying to reach the highest level of transparency, so you can feel every hash/second is running near you, but without any noise, heat or space taken from your home.

Let’s start the introduction from the main one. Meet the new balance management system. Collected experience and vision allowed us to make the step forward. From now, every account will have its own balances for different purposes in our ecosystem that you can easily manage as you want from the new page called “Balances”. This unique feature comes with a reworked electricity payment system. We made it as similar to your usual life routine as possible. All assets are still pre-paid, but you can fully control it within the new balance designed for electricity that is simply called “Electricity account”. There you will find not only the amount required to pay, but also real numbers of electricity in kilowatts consumed by any of your assets.

CryptoUniverse wants you to have access to as many instruments as possible.That is why we added the opportunity to make flexible and fixed savings not only in BTC, but in LTC too.  It grew by 500% in the last 6 months, so we all see again what results diversification can give. Beneficial and safe storage of your assets is one of our priorities.

New miners and contracts push your frontiers too. From now, the fee of our service is calculated in percents and is related to your mining income. It shows that we are interested in making mining as profitable for you as possible.

New instruments complicate user experience for some of us, so we thought it would be great to outweigh it by a significantly improved dashboard. Recent update includes a reworked “Dashboard” page and a new “Assets” page that can be used for managing and monitoring your assets in several clicks. There are dozens of other minor improvements, but we offer the intrigue to find it by yourself.

Our team worked a lot to make these changes possible, so we are pleased to hear any feedback on your experience with dashboard in social media or in support. To make your acquaintance more intense, use promo code GETPROFIT21. It provides you with a discount on our recent miners and contracts.

This is just the beginning, so keep an eye on it. Thank you for being with us.

About CryptoUniverse

CryptoUniverse.io is a multifunctional service created on 14 February, 2017. It gives users an opportunity to purchase or rent calculating power and equipment on its infrastructure. Company is based in Europe with headquarters in the United Kingdom and Estonia that guarantees operation within the European Union law and safety of users’ assets.

In Russia the company and its technical partners operate several clusters of modern data centers with an overall area of 38 000 square meters and more than 120 MW of overall power. It makes the services of CryptoUniverse.io high-quality and uninterrupted.

Main idea of the project is a simple and available opportunity to enter cryptocurrency mining by purchasing or renting calculating power. The service is also interesting for experienced miners because well-established logistics gives them an access to top-notch equipment that is already installed, tuned and ready to function in data centers of the company. Transparent operation and flexible offers to make clients experience comfortable are the main values of CryptoUniverse.

CryptoUniverse team is full of highly qualified professionals who polished all the processes, made service easy and convenient. 24/7 support extends boundaries for users who are not familiar with blockchain technology.    

CryptoUniverse. You buy, we pay.

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Max Dilendorf Serves as a Bitcoin Expert Witness in USCIS EB-5 Green Card Adjudication Proceedings 5308

The United States Citizenship and Immigration Services (USCIS) has frequently denied EB-5 applications that list Bitcoin exchange-traded-funds as a legitimate “source of funds”. Yet, in an unprecedented approach that included forensic reporting analysis, attorney Max Dilendorf provided an expert legal opinion and due diligence report proving that a green card applicants’ source of funds met the standards to be qualified under this program.

Because USCIS only requires a “preponderance of evidence” showing the legal acquisition of investment funds in EB-5 petitions and offers little guidance for applicants whose funds originated in cryptocurrency, Dilendorf’s confirming evidence was a significant achievement.

The Dilendorf Law Firm, NYC’s top law firm for the digital age, represented several clients in EB-5 matters with the USCIS concerning the clients’ EB-5 investments funded with cryptocurrencies. By submitting blockchain and cryptocurrency expert reports in these cases, the firm has provided evidence to support the legitimate “source of funds”.

The firm’s clients were software engineers and early cryptocurrency adopters who, in the opinion of the crypto compliance law firm, are legally qualified for obtaining EB-5 investor green-cards, as there was little doubt on the legality of the source of the clients’ cryptocurrency funds.

Dilendorf’s legal opinions and blockchain forensic reports, as submitted to the USCIS, included an expert assessment of the following:

  • legality of the specific digital assets and regulatory framework for the involved financial institutions dealing with cryptocurrencies;
  • origin and flow of cryptocurrencies funding the EB-5 investments;
  • mechanism and sufficiency of digital wallets, private cryptographic keys, crypto trading platforms and accounts establishing ownership of the clients’ cryptocurrency funds;
  • KYC/AML compliance measures taken at each point of the funds’ journey by clients and third parties, including crypto exchanges and OTC traders.

Max Dilendorf, Esq. is also a top forensic Bitcoin and crypto expert witness. His expertise has also made him one of the top cryptocurrency consultants for Fortune 500 companies.  Mr. Dilendorf’s recent speaking engagements have included the Thailand SEC, IBM, Berkshire Hathaway, and New York University, to name a few.

Online Blockchain plc: Umbria DeFi Platform Announces First Airdrop of its UMBR Token 5604

Decentralised Finance (DeFi) protocol Umbria is airdropping 100,000 of its governance utility tokens to its users. Umbria, an opensource project on a mission to demystify and simplify DeFi and get people earning income on their crypto, will be rewarding eligible crypto enthusiasts with its tokens. Holders of UMBR tokens – available on Uniswap – or UMBR-ETH Liquidity Pool tokens (tokens issued for adding liquidity to the UMBR-ETH pool on decentralized cryptocurrency exchange Uniswap) on March 1st, 2021 will be able to participate in the airdrop. They will need to have a Metamask wallet.

UMBR and UMBR-ETH LP holders (minimum 100 UMBR or 2 UMBR-ETH LP) simply have to visit airdrop.umbria.network and press the “Claim Airdrop” button to get their share of the airdrop. The tokens will then be distributed directly into their Metamask wallets on April 2nd, 2021. The airdrop will be on chain facilitated by Ethereum Smart Contracts.

Users of the Umbria platform will soon be able to swap tokens and earn interest on their cryptocurrency positions on the Umbria website with other facilities coming online which will utilise the Umbria protocol and its utility token. UMBR tokens will give holders the ability to shape the future of the Umbria ecosystem itself.

“The Umbria project is a collective effort, which is already gaining good traction and seeing a lot of interest,” said Oscar Chambers, Co-Lead Developer at Umbria. “This first airdrop is a great way to reward existing participants and encourage more early adoption of Umbria, which will hopefully be a steppingstone to unlocking the mass adoption of DeFi.”

Margex Launches Globally and Announces $1,000,000 Bonus Giveaway Campaign Making Cryptocurrency Derivatives Trading More Accessible 6878

Margex announces its global launch. Along with the launch, every new client will be able to try Margex for free, with an included $100 bonus to settle trading commissions and funding fees on the platform. During the promotional campaign, Margex plans to distribute up to $1,000,000 in bonuses for a total of 10,000 users.

  • 100X scalable leverage for all of its trading pairs such as BTC, ETH, XRP, EOS, LTC, and YFI;
  • Combined liquidity of multiple liquidity aggregators, allowing for the best possible entry and exit prices;
  • AI-based Price Manipulation Protection systems, monitoring for irregularities across all trading pairs and mitigating the risk of accidental liquidations and short-squeezes;
  • Bank-grade security;
  • Scale-on-demand infrastructure, capable of handling up to 100,000 transactions per second;
  • High-Class User Interface.

Margex’s goal is to provide traders with a world-class user experience, a fair, secure, and easy-to-use trading platform with the highest class of financial technologies in the world. The platform has received a lot of positive feedback from various trading communities for the deep liquidity achieved through the combination of multiple liquidity providers, extremely fast order execution speeds, and an MP-Shield system that uses artificial intelligence to automatically detect irregularities in the trade feed submitted by liquidity pools, eliminating the risk of accidental liquidations.

ZK International Subsidiary, xSigma Corporation, Announces Dwight Howard from the Philadelphia 76ers to Join its DeFi Protocol as an Early LP 7078

ZK International Group Co., Ltd. (Nasdaq: ZKIN) (“ZKIN”, “ZK International” or the “Company”), a designer, engineer, manufacturer, and supplier of patented high-performance stainless steel and carbon steel pipe products primarily used for water and gas supplies, is pleased to announce that xSigma Corporation, a subsidiary of the Company, that is a blockchain R&D lab, is pleased to announce that Dwight Howard, a professional basketball player and NBA champion with the Los Angeles Lakers, has committed to joining the xSigma DeFi Protocol as an early liquidity provider (LP).

Mr. Howard committed to providing cryptocurrency for xSigma’s DeFi Protocol upon its launch. In addition, Mr. Howard has partnered with xSigma to advertise the project. Thus, it makes xSigma Protocol the first project of its kind to get a global sports influencer to the list of LPs. By doing this partnership, xSigma expects to bring more LPs and customers for its project.

xSigma Corporation is a blockchain R&D lab owned by ZK International Group Co., Ltd. xSigma’s team includes former Facebook, Google, Ripple, and Amazon engineers. xSigma’s DeFi Protocol is one of the first projects in the DeFi space backed by a public company. The DeFi industry keeps growing and now has over $36 billion of funds locked in the major DeFi protocols, according to defipulse.com.

Mr. Jiancong Huang, Chairman and Chief Executive Officer of ZK International, stated, “We are honored that Dwight Howard decided to participate in our decentralized finance platform. This is a huge step in mass-adoption of blockchain products. xSigma looks forward to bringing more opinion leaders onboard.”

Huobi DeFiLabs Weighs DEXs against CEXs 7094

Published earlier today, the Huobi DeFiLabs report compares spot and derivatives trading volumes on both centralized and decentralized platforms to identify the prevailing trends when it comes to crypto trading and make market cap projections. The platforms considered for this exercise are Huobi Global – a centralized crypto spot and derivatives trading platform, Uniswap for decentralized spot trading and dYdX decentralized derivatives platform.

It was found that during a 6-month period from Aug 6, 2020 to Feb 1, 2021, the daily trading volumes on DEXs, represented by Uniswap registered a 3.6x increase as against 1.6x increase in spot trading volumes on CEXs, as represented by Huobi Global Spot Markets. The study also found that derivatives trading is more popular on centralized exchanges than their decentralized counterparts, not to mention the absence of any direct correlation between spot and derivatives volumes on DEXs.

According to available data, spot trading on Huobi was about 19% of its derivatives trading volumes, whereas spot trading on Uniswap was 331% more than decentralized derivatives trading on dYdX. The distribution of volumes between spot and derivatives on CEXs is almost consistent across top 5 platforms, with derivatives trading 4.82 times the spot volumes. On the day DEXs reach parity with CEXs, average derivatives trading volume on dYdX based on Uniswap’s performance in the past 30 days is projected to hit $4.7 billion.

The Huobi DeFiLabs report indicates that among decentralized derivatives perpetual swap protocols continues to lead, with volumes worth $67.7 million. Based on the earlier projection, perpetual swap offerings have the potential to grow 50 times the current size. At present, there are 5 decentralized perpetual contract trading protocols – dYdX, DerivaDEX, Perpetual Protocol, FutureSwap and AlphaX, all with their own strengths and shortcomings. However, they all face one common issue which is shortage of adequate liquidity. Only FutureSwap using vAMMs and AMMs with low slippage liquidity mining seems to do a bit better than the rest. The shortage of liquidity on the rest is attributed to a higher percentage of market-place orders from short-term traders, resulting in increased deviation from latest prices.

Considering the average daily trading volumes and transaction counts, the Huobi DeFiLabs report concludes that Perpetual Swap is best suited for retail investors whereas dYdX and FutureSwap are favorable to professional traders and large investors with on-chain hedging needs.

33-Year DOD Supply Chain and Logistics Expert Jeffrey Curtis Joins SIMBA Chain as Vice President of Defense and Supply Chain 9830

After 33 years of high-level supply chain and logistics roles with the U.S. Department of Defense (DOD) and Defense Logistics Agency and a year as a private consultant, Jeffrey Curtis has joined SIMBA Chain as vice president of Defense and Supply Chain. Curtis had served as an independent consultant to the blockchain company since February 2020 after retiring from the federal government.

In this newly created role, Curtis will advise SIMBA Chain on its strategy regarding the DOD and federal government and serve as an ambassador in navigating various departments. Additionally, he will be involved with commercial business, which share the same challenges managing the increasing complexities, disruptions and cyber threats faced by the DOD. Learn more about Curtis and his new role at SIMBA Chain here> https://blog.simbachain.com/blog/meet-jeff-curtis-simbas-logistics-power-player

SIMBA Chain CEO Joel Neidig says that Curtis chose to join a startup validates the tremendous opportunities for blockchain as a critical enterprise level technology. “We could not be more pleased to have Jeff on our team. He started his career at age 22 with the DOD and rose through the ranks to become a senior executive service member known as both a supply chain expert leading policy and strategy for multi-billion dollar entities and a skilled analyst in leveraging analytical techniques. We are looking to Jeff to continue SIMBA’s growth in public and private supply chains, specifically in the areas of demand sensing, supply chain security and auditability.”

Over the course of Curtis’ career with the DOD and Defense Logistics Agency, he led policy and strategy of the $35 billion organization; developed and applied logistics policies, plans, programs, and operations for more than 5.2 million military spare parts along with all food, clothing, medicine and energy; removed over $3 billion in the Agency’s inventory while mitigating performance risk; and created a single inventory point for 90 percent of stock that generated immediate savings of $200 million and another $35 million in annual recurring savings.

Curtis, who learned of SIMBA Chain by chance at a supply chain conference, says what attracted him to join the company was that its blockchain platform is a genuine, market-proven product. “That SIMBA negotiated through the wickets of DARPA and secured multiple Small Business Innovation Research (SBIR) awards in their early days is more than impressive. Being a young company with limited bureaucracy, SIMBA has the advantage of being nimble. That’s incredibly important to both government and industry that have been forced to navigate unprecedented disruptions over the last year and need real solutions to a litany of threats. Blockchain definitely has a role in mitigating risk.”

Curtis earned a bachelor of science in Business Administration from Ohio State University. He earned Level III DAWIA Contracting from the Defense Acquisition University and completed advanced courses at the Federal Executive Institute and Institute for Defense and Business.

About SIMBA Chain, Inc.
SIMBA Chain’s cloud-based enterprise platform enables academia, industry, and governments to quickly develop and deploy Web 3.0 distributed applications (dApps) across many blockchain platforms. SIMBA Chain was born in 2017 through a DARPA grant awarded to the University of Notre Dame and ITAMCO. SIMBA Chain is the recipient of TechPoint’s 2019 Mira Award for New Product of the Year and 1st Source Bank’s 2019 Commercialization Award. The SIMBA Chain platform supports Ethereum, Quorum, Binance Smart Chain, RSK, Stellar, Hyperledger, and other blockchain protocols.