• Polygon has partnered with BitGo to support staking of ERC-20 MATIC tokens and provide users with wallet and custody services.
• BitGo has chosen to support Polygon due to its benefits such as fast speed, low gas fees, higher security, and commitment to carbon neutrality.
• The current market price of MATIC is $0.969.
Polygon, the decentralized Ethereum-based scaling platform, has entered a strategic partnership with BitGo that will provide MATIC holders with wallet and custody services. MATIC is an ERC-20 token that can be used for staking purposes. With this partnership, users can stake their ERC-20 MATIC tokens and earn rewards in return.
BitGo decided to support Polygon because of its numerous benefits. Firstly, Polygon offers fast transaction speeds and low gas fees, which make it an attractive option for investors. Moreover, Polygon is committed to carbon neutrality, which is a major plus for those who are concerned about the environment. Additionally, the platform is known for its high security, which provides users with peace of mind when it comes to their investments.
The news of the partnership has already had an impact on the MATIC token. The current market price of MATIC is $0.969 and it has been trending downward in recent days. However, the long-term prospects of the token remain strong, as the partnership with BitGo has provided investors with more options to safely store and stake their tokens.
With the BitGo-Polygon partnership, MATIC holders can now enjoy the benefits of staking their tokens with a regulated and secure platform. This is a major step forward for the Polygon ecosystem and could provide a boost for the MATIC token in the future. For those who are interested in staking their MATIC tokens, the partnership between Polygon and BitGo is worth considering.
– Capitalix is an online trading platform providing access to Forex and CFD markets, as well as cryptocurrency CFD trading.
– The platform offers a variety of features, including leverage up to 1:200 for currency pairs, commissionless trading, and low fees.
– Capitalix is a reliable and trusted broker that is suitable for both new and experienced traders.
Capitalix is an online trading platform that provides traders with access to Forex and CFD markets, as well as cryptocurrency CFD trading. The broker, which is headquartered in Seychelles, has been in operation for a few years and has built a solid reputation in the industry. With a wide range of assets available for trading, traders can take advantage of market opportunities from all over the world.
Capitalix offers a range of features that make it an attractive option for both new and experienced traders. For starters, the platform offers a leverage of up to 1:200 for currency pairs and a 1:5 leverage for cryptocurrencies. This allows traders to make larger trades with smaller investments. In addition, Capitalix offers commissionless trading, meaning that traders don’t need to pay any fees on trades opened. Withdrawals are also free of charge, although the platform does charge a low 3% plus 0.25 cents fee per deposit.
The platform also offers a variety of other features designed to make trading easier and more profitable. For example, Capitalix has an intuitive user interface that makes it easy to find your way around the platform. There are also advanced charting tools and indicators that traders can use to analyze the markets in real-time. In addition, the platform offers automated trading, which allows traders to set up their strategies and let the system execute them automatically.
Overall, Capitalix is a reliable and trusted broker that is suitable for both new and experienced traders. With a wide range of features and a convenient user interface, the platform makes it easy to take advantage of the markets and make profits.
• Bitcoin addresses holding more than 10 BTC have touched a new two-year high.
• Small Bitcoin investors have regained their optimism toward the digital asset.
• There has been a 4% increase in the number of investors that hold more than 1 BTC on their balances.
The rise of Bitcoin has been unprecedented in the world of cryptocurrency. Despite the volatile nature of the market and the numerous dips and crashes, Bitcoin continues to remain one of the most popular digital assets among investors. Just recently, the number of Bitcoin addresses holding more than 10 BTC on their balances has reached a new two-year high.
This is a significant milestone as it indicates that small investors are regaining their optimism toward the digital asset and are looking to gain a bigger slice of the pie. This is evident from the fact that there has been a 4% increase in the number of investors that hold more than 1 BTC on their balances, compared to the end of the year 2020.
The surge in the number of Bitcoin addresses holding more than 10 BTC is a clear sign that small investors are looking to take more risks and capitalize on the potential of Bitcoin. This could potentially lead to an increase in the overall demand for the digital asset, as more and more people look to enter the market.
The bullish sentiment surrounding Bitcoin could also be attributed to its limited supply. There is a finite number of Bitcoins in circulation and as demand continues to rise, the price of the digital asset is expected to go up as well. This could provide investors with an opportunity to make significant profits in the long run.
Overall, the surge in the number of Bitcoin addresses holding more than 10 BTC is a promising sign and further supports the bullish sentiment surrounding the digital asset. It is likely that more investors will join the bandwagon in the coming months as they look to capitalize on the potential of the digital asset.
• Binance has partnered with the Association of Certified Sanctions Specialists (ACSS) to strengthen its compliance capabilities.
• The Binance sanctions team will undergo a training process with ACSS to help with money laundering reporting, compliance operations, and special investigations leads.
• The training program will provide Binance’s sanctions team with the latest OFAC guidelines on developing sanctions compliance programs.
Binance, one of the leading cryptocurrency exchanges, has recently announced a partnership with the Association of Certified Sanctions Specialists (ACSS). This partnership is aimed at strengthening the compliance capabilities of the exchange, as well as providing a platform to help the exchange’s sanctions team to stay up to date with the latest sanctions commands and risks of violations across multiple jurisdictions.
The ACSS is an organization that provides sanctions training for multinational corporations and financial institutions. Founded in 2018, the ACSS provides its members with necessary educational resources and benefits. As part of the certification process to be in charge of the compliance standards in crypto, the Binance sanctions team will undergo a training process with ACSS. This training program is a mandated process and will provide Binance’s sanctions team with the latest OFAC guidelines on developing sanctions compliance programs. Additionally, ACSS will help the team keep abreast with sanctions commands and educate them on the risks of violations across multiple jurisdictions.
Chagri Poyraz, Binance’s Global Head of Sanctions, said, “By working closely with the ACSS, we will take our sanctions compliance standards to a level that is recognized by a reputable industry association and provide upskilling opportunities for our compliance team. At the end of the day, we want to continue setting the industry standard for security and compliance.”
The partnership between Binance and ACSS is a great step for the crypto industry as it signals a heightened commitment to compliance. The partnership will help ensure that Binance is compliant with the latest sanctions and regulations, as well as providing training for the sanctions team. This is a big step towards helping the crypto industry gain more mainstream acceptance as regulations become stricter and more stringent.