OWNR Granted MSB License to Sell Cryptocurrency in the USA

TALLINN, EE, Jun 15, 2020 – (ACN Newswire) – OWNR, a multifunctional cryptocurrency wallet, has been granted an MSB (Money Services Business) license by the Financial Crimes Enforcement Network (FinCEN), a division of the U.S. Department of the Treasury. This federal licence authorizes the holder to engage in currency transmission services and dealings in foreign exchange, including all virtual and crypto currencies.

The U.S. federal MSB Licence is a legal benchmark on the way to providing cryptocurrency exchange in the USA. OWNR Wallet OU is now applying for the corresponding licenses from each of the state regulators. Meanwhile, it is possible to exchange cryptocurrencies with OWNR in 97 countries, including those of the EU.

"Our efforts are focused not only on adding new coins and functionality, but on the compliance work for expanding our presence globally," says Grygory Sytenko, OWNR Wallet CEO. "I believe that at the moment, OWNR is one of the precious few cryptocurrency apps that covers most of a user's needs. Our goal is to build the most intuitive yet all-comprising app which would make cryptocurrency as available to anyone as traditional financial system."

OWNR Wallet is conceived as part of a multi-asset cryptocurrency ecosystem. The latter also comprises prepaid cryptocurrency debit cards, which will be managed from the app (launching soon), a blockchain explorer, and its own system of cryptocurrency exchange. Once the basic functionality is implemented, the team will move on to the special features which may be of interest to developers, enterprise and traders.

About OWNR Wallet ( https://ownrwallet.com/ )

OWNR Wallet is a private limited company based in Estonia. Its mobile app was released in April 2018, devised as an all-in-one cryptocurrency wallet for users with all levels of experience. The application is available for both iOS and Android, while the desktop application is supported on Windows, Mac OSX, and Linux.

The basic options include storing, sending, receiving, exchanging and purchasing cryptocurrencies. At the moment OWNR supports 11 basic coins and all 250K+ ERC20 tokens. Coins include BTC, BCH, BCH-SV, Omni, LTC, ETH, ETC, ZEC, DASH, Doge, EOS.

OWNR is a non-custodial wallet. Customer's private keys and seed phrase are not transmitted to OWNR's servers. Neither does OWNR access or store them in any way, placing customers fully in control of their funds. Below is a brief overview of the functionality which sets OWNR Wallet apart:

– Asset auto-discovery: all the coins supported are available upon the restoration
– ERC20 token auto-discovery: no need to add ERC20 tokens manually or contact the team to do it
– SegWit transactions for BTC and LTC
– Any length of seed phrase (12/15/18/21/24 words) supported
– Forced address allocation (generating up to 20 new addresses at once for Bitcoin and Bitcoin-like coins)
– Price widget for the assets selected
– Transaction status notifications
– Wallet names customization
– Support team available 24/7 in the app
– Testnets for developers

Cryptocurrency purchases
OWNR Wallet currently offers the service of buying 5 basic coins (BTC, BCH, LTC, ETH, DASH).
The company is PCI DSS compliant and holds two licenses: for a cryptocurrency wallet service and crypto-to-fiat exchange. It is possible to buy cryptocurrency with a bank card (Visa, MC), UnionPay, SEPA. Selling cryptocurrency via SEPA transfer is also supported.

Media contact
OWNR Wallet OU
Co-Founder & CEO, Grygory Sytenko
press@ownrwallet.com
https://ownrwallet.com/


Copyright 2020 ACN Newswire. All rights reserved. http://www.acnnewswire.com

WOOTRADE Announces Strategic Partnership with Injective Protocol

NEW YORK, NY, Jun 12, 2020 – (ACN Newswire) – Injective Protocol officially announces a strategic partnership with WOOTRADE, a leading digital asset dark pool, to combine resources to focus on increasing user adoption in the Decentralized Exchanges (DEX) space. The collaboration will bring together a series of initiatives such as implementing liquidity management, designing crypto asset derivative products and markets, and establishing an international corporate brand.





Decentralized Exchanges (DEX) are one of the most widely talked about topics in Decentralized Finance (DeFi). It is often considered to be the inevitable next evolution of digital asset exchanges due to addressing the growing problems with centralized exchanges such as the lack of transparency in transactions and frequent loss of assets due to hacking or becoming victims to social engineering.

Injective Protocol is a decentralized layer-2 peer-to-peer protocol that aims to enable fast and secure perpetual swaps, futures, leverage and spot transactions on Ethereum. The partnership will facilitate the transaction by leveraging WOOTRADE's transaction depth of 100 BTC with a spread of 0.05%. This liquidity stems from the in-depth aggregation of major exchanges, and the support of quantitative investment research institution Kronos Research for market-making strategies. Kronos has a daily transaction volume of $1 billion. In order to provide sufficient liquidity, WOOTRADE will also provide a low rate of 0% for connected exchanges, which saves hedge costs for exchanges. All in all, this collaborative effort will lead to a paradigm shift in the DeFi world.

WOOTRADE was incubated by Kronos Research, a leading quantitative investment research institution, and is funded by distributed capital from DFund, SNZ, Hashkey, as well as vector capital investment. The dark pool has a team that brings extensive experience in trading crypto assets and secondary assets. The top institutional trader has the technical expertise to manage high-level crypto market derivative products. Injective Protocol's derivatives protocol and technology-driven ecology can provide institutional traders, such as Kronos Research, with the ideal environment and conditions for the fastest, safest and most fair service for its markets and products.

About Injective Protocol

Founded in 2018, Injective Protocol is a fully decentralized, front-running proof layer-2 decentralized exchange. The protocol is based on the Cosmos-SDK and Ethereum network that integrates a verifiable delay function (VDF) to prevent transaction fraud and front-running. Along with early incubation by Binance Labs, they have received support from other top-tier international investment firms.

For More Information:
Website: http://www.injectiveprotocol.com.
Twitter: https://twitter.com/InjectiveLabs
Medium: http://medium.com/injective-labs/
Telegram: https://t.me/joininjective
Press Contact: hello@magicfew.com


Copyright 2020 ACN Newswire. All rights reserved. http://www.acnnewswire.com

MINY Makes Crypto Mining Affordable For Everyone

HONG KONG, Jun 5, 2020 – (ACN Newswire) – MINY, the Hong Kong based blockchain startup, has announced the launch of it's MINY platform to facilitate crypto mining. As is common knowledge, crypto miners have the luxury to choose to mine the most valuable coins. However only a very few miners are capable of earning huge profits. MINY is launching a platform where miners from different countries and with different levels of expertise and knowledge about mining can come together and share in their resources to earn mining rewards.

The primary reason why a lot of individuals are limited from venturing fully into cryptomining is the high costs that are associated with it. MINY understands the need for every miner to maximize his or her profits. For this reason, it has identified the problem lies in miners not having enough resources. As such, the platform has devised three major strategies that are a sure way in which miners will earn profits even though they have limited resources.

Cloud Mining Pool
To help miners to maximize their profits, MINY combines its computational power by bringing various miners together. The users on the platform join a mining pool where they bring together their resources. Then the profits that are realized from mining are distributed proportionately according to the amount that a user has in their mining pool.

AI
This is another significant way that MINY is using in a bid to ensure that their users can reap big. The cryptocurrency market is very dynamic, and this means that the value of different coins keeps changing over time. As a way of making sure that miners do not suffer from losses, MINY uses an AI algorithm that will analyze the future value of various coins. This will then help to focus the mining activities at only those coins that are valuable. The MINY AI algorithm is accurate in its predictions, and as such, it helps to increase the mining efficiency.

MINY Token
The MINY platform has developed a native token, MINY, which is a self-established cryptocurrency. The token is obtainable by earning mining rewards and commissions, starting at a price of $1. It is also designed with an artificial scarcity, meaning it cannot lose value, but rather increases when parts are sold. After 12 months it is released and can be traded on external exchanges and is then pegged on economic principles. In addition to the many advantages of the MINY token it will be available for renting computational power on the Miny platform and for purchasing mining equipment.

It is very easy to join MINY's cloud mining pool and become one of the many users that are benefiting from this great initiative. Once users open an account, they can deposit their funds, which will be used to rent computational power. Besides this, they can purchase MINY tokens that users can also use to rent computational power. The profits that will be accrued from the mining rewards will then be shared among the users according to the amount that they contributed towards their mining pool.

Company: MINY LIMITED
Contact: PR Team
Email: info@miny.cc
Website: https://miny.cc


Copyright 2020 ACN Newswire. All rights reserved. http://www.acnnewswire.com

Bityard Exchange Garners Global Attention since its April Launch

SINGAPORE, Jun 4, 2020 – (ACN Newswire) – Bityard, a world leading digital contract exchange, has garnered widespread attention from industry insiders and experts since its launch in April 2020. Headquartered in Singapore, Bityard aims to provide safe, easy, and fast crypto asset trading services to its customers in more than 150 countries.









Several industry experts have published article guides after experiencing Bityard's simple and intuitive trading process. The following is a quick guide which explains how to create an Account, how to Buy and Sell, and how to Mine at Bityard.

Creating an Account on the Bityard Website

Creating an account and starting to trade at Bityard is easy. Navigate to https://bityard.com/ and click 'Get Started'. One will be navigated to the registration page where we can register with email or a mobile number (whichever suits). Enter your email for example, the verification code which is sent to the email entered, choose a password, and press Register.

It's that simple to create an account at Bityard! After successfully creating an account, users will be navigated to the Dashboard. We will explore the Dashboard in the Buy and Sell part of this guide.

Deposits and Withdrawals at the Bityard Website

First we need to deposit cryptocurrency to start trading. Press the Deposit Now button located at right bottom of the Dashboard and get a page like this: [ http://acnnewswire.com/topimg/Low_Bityard2006031.jpg ]
Bityard accepts deposits in USDT, BTC, ETH TRX, XRP, and HT. Users can choose whichever suits; today, we are depositing 100 USDT.

To Deposit USDT to the account, scan the QR code and send 100 USDT to the generated address. Or one simply copies the Deposit Address (shown above). Every account has a unique QR code and Deposit address. Funds sent to this addresses will be automatically added to the account. After a successful deposit, we can see the balance at bottom of the Dashboard.

To Withdraw money is as easy as depositing money. To withdraw funds, first click on Deposit Now (located on bottom right of the Dashboard) and then Withdraw. One will be navigated to the following webpage:
[ http://acnnewswire.com/topimg/Low_Bityard2006032.jpg ]

One can withdraw USDT to OMNI, ERC20, and TRC20 addresses. To start the withdrawal process, select the Chain name (we selected ERC20), amount to withdraw (90 USDT), withdrawal address (we provided a ERC20 address), account password and code that will be sent to your email address. After filling all this in, press the Confirm button.

There are a few things to note while withdrawing is that the minimum withdrawal amount is 50 USDT while the maximum is 100000 USDT. Make sure to enter the correct withdrawal address, users can't cover the coin in case they type wrong withdrawal address. This is all about withdrawing funds to the wallet.

Trading at Bityard – with 0.05% Transaction Fees

Users can trade the following cryptocurrencies at Bityard : BCH, BTC, DASH, EOS, ETS, ETH, LINK, LTC, RX and XRP. We will demonstrate the process of trading by buying 1 DASH. First, on the left Dashboard panel, select DASH (shown by the red rectangle in the snapshot below).

Next, we move to the right panel and using '+' or '-' adjust the amount. Since we are buying 1 DASH, we select 73.59 USDT. We can also leverage from 10X to 100X. Note that the more leverage we take, the greater the fees to pay. Do do not forget transaction fees are as low as 0.05%.

Once we enter the Amount and the values for Take Profit (TP) or Stop Loss (SL), Profit and Loss are calculated automatically. Read all these values carefully and press the Buy button to confirm the buying order:
[ http://acnnewswire.com/topimg/Low_Bityard2006033.jpg ]

When the Buy button is pressed, a confirmation message will be prompted. After confirming that message, the Buy order details are seen at the bottom of the dashboard.

Selling at Bityard – also very simple

For this demonstration, we sold DASH. To start selling, move to left panel of the Dashboard and select DASH (as with Buying). Next from right panel of the Dashboard, select Sell and using + – adjust the amount of DASH. The procedure is very much similar to Buying. Also, do not forget transaction fees as low as 0.05%.

After going through this guide, users might have noticed that from creating an account to trading and mining, everything is super easy at Bityard. Users don't need to be an expert to use this platform. Bityard is designed to handle 1 million transactions per second, so speed won't be affected by an increase in the number of users.

This ease of use and super speed doesn't come at the cost of compromise on security. There is a 2 Factor Authentication (2FA), multiple offline signatures and cold Storage of assets, to make sure all the assets are safe. Make a wise decision now by joining the next generation contract exchange platform and book the future profit.

Rafael Zhou, bd@bityard.com, https://www.bityard.com.

Copyright 2020 ACN Newswire. All rights reserved. http://www.acnnewswire.com

Bityard Exchange Garners Global Attention since its April Launch

SINGAPORE, Jun 4, 2020 – (ACN Newswire) – Bityard, a world leading digital contract exchange, has garnered widespread attention from industry insiders and experts since its launch in April 2020. Headquartered in Singapore, Bityard aims to provide safe, easy, and fast crypto asset trading services to its customers in more than 150 countries.









Several industry experts have published article guides after experiencing Bityard's simple and intuitive trading process. The following is a quick guide which explains how to create an Account, how to Buy and Sell, and how to Mine at Bityard.

Creating an Account on the Bityard Website

Creating an account and starting to trade at Bityard is easy. Navigate to https://bityard.com/ and click 'Get Started'. One will be navigated to the registration page where we can register with email or a mobile number (whichever suits). Enter your email for example, the verification code which is sent to the email entered, choose a password, and press Register.

It's that simple to create an account at Bityard! After successfully creating an account, users will be navigated to the Dashboard. We will explore the Dashboard in the Buy and Sell part of this guide.

Deposits and Withdrawals at the Bityard Website

First we need to deposit cryptocurrency to start trading. Press the Deposit Now button located at right bottom of the Dashboard and get a page like this: [ http://acnnewswire.com/topimg/Low_Bityard2006031.jpg ]
Bityard accepts deposits in USDT, BTC, ETH TRX, XRP, and HT. Users can choose whichever suits; today, we are depositing 100 USDT.

To Deposit USDT to the account, scan the QR code and send 100 USDT to the generated address. Or one simply copies the Deposit Address (shown above). Every account has a unique QR code and Deposit address. Funds sent to this addresses will be automatically added to the account. After a successful deposit, we can see the balance at bottom of the Dashboard.

To Withdraw money is as easy as depositing money. To withdraw funds, first click on Deposit Now (located on bottom right of the Dashboard) and then Withdraw. One will be navigated to the following webpage:
[ http://acnnewswire.com/topimg/Low_Bityard2006032.jpg ]

One can withdraw USDT to OMNI, ERC20, and TRC20 addresses. To start the withdrawal process, select the Chain name (we selected ERC20), amount to withdraw (90 USDT), withdrawal address (we provided a ERC20 address), account password and code that will be sent to your email address. After filling all this in, press the Confirm button.

There are a few things to note while withdrawing is that the minimum withdrawal amount is 50 USDT while the maximum is 100000 USDT. Make sure to enter the correct withdrawal address, users can't cover the coin in case they type wrong withdrawal address. This is all about withdrawing funds to the wallet.

Trading at Bityard – with 0.05% Transaction Fees

Users can trade the following cryptocurrencies at Bityard : BCH, BTC, DASH, EOS, ETS, ETH, LINK, LTC, RX and XRP. We will demonstrate the process of trading by buying 1 DASH. First, on the left Dashboard panel, select DASH (shown by the red rectangle in the snapshot below).

Next, we move to the right panel and using '+' or '-' adjust the amount. Since we are buying 1 DASH, we select 73.59 USDT. We can also leverage from 10X to 100X. Note that the more leverage we take, the greater the fees to pay. Do do not forget transaction fees are as low as 0.05%.

Once we enter the Amount and the values for Take Profit (TP) or Stop Loss (SL), Profit and Loss are calculated automatically. Read all these values carefully and press the Buy button to confirm the buying order:
[ http://acnnewswire.com/topimg/Low_Bityard2006033.jpg ]

When the Buy button is pressed, a confirmation message will be prompted. After confirming that message, the Buy order details are seen at the bottom of the dashboard.

Selling at Bityard – also very simple

For this demonstration, we sold DASH. To start selling, move to left panel of the Dashboard and select DASH (as with Buying). Next from right panel of the Dashboard, select Sell and using + – adjust the amount of DASH. The procedure is very much similar to Buying. Also, do not forget transaction fees as low as 0.05%.

After going through this guide, users might have noticed that from creating an account to trading and mining, everything is super easy at Bityard. Users don't need to be an expert to use this platform. Bityard is designed to handle 1 million transactions per second, so speed won't be affected by an increase in the number of users.

This ease of use and super speed doesn't come at the cost of compromise on security. There is a 2 Factor Authentication (2FA), multiple offline signatures and cold Storage of assets, to make sure all the assets are safe. Make a wise decision now by joining the next generation contract exchange platform and book the future profit.

Rafael Zhou, bd@bityard.com, https://www.bityard.com.


Copyright 2020 ACN Newswire. All rights reserved. http://www.acnnewswire.com

Blockpass debuts branded WebID version of its award winning digital identity protocol

HONG KONG, May 26, 2020 – (ACN Newswire) – Responding to market demand and an increasingly remote business environment, Blockpass today revealed the launch of the WebID version of its award-winning identity verification protocol, KYC Connect.

The Blockpass KYC Connect console now enables businesses to easily integrate a WebID button that will trigger an intuitive, web-based and merchant branded identity verification and onboarding process for end-users selecting their services.

The WebID service provides a guided onboarding process with full web experience and branding, including an auto-generated branded merchant page with logo, service description and requirements. Businesses can select different levels of identity verification and KYC & AML screening, as well as centralized management and data analytics for regulated industries. This process seamlessly accommodates onboarding of existing Blockpass users via their reusable identity profile as well as new users to Blockpass.

"We are very enthusiastic to reveal this groundbreaking development," said Blockpass CEO Adam Vaziri. "Blockpass is the ideal identity protocol for an increasingly remote world and regulated transaction environment, where there is a strong need to establish trust via reusable and verifiable digital identity."

Blockpass continues to be committed to decentralized digital identity (DDI), both through ongoing updates to its mobile identity vault in iOS and Android app stores and its support of the groundbreaking research at the Blockpass Identity Lab at Edinburgh Napier University.

The Blockpass platform is fully automated and hosted in the cloud, with no integration or setup fee. Within minutes, businesses can sign up to the KYC Connect console, test out the service, and start conducting identity documents verification, KYC and AML checks. Sign up for FREE at console.blockpass.org.

About Blockpass

Blockpass is a unique, reusable digital identity (DID) solution for any organizations that participate in regulated industries and in the increasingly remote business environment where trust needs to be verified digitally. Blockpass offers an alternative process to cumbersome, repetitive and expensive Know Your Customer (KYC) and Anti-Money Laundering (AML) checks through a seamless merchant dashboard that is setup immediately with pay-as-you-go and no initial fee. Blockpass' KYC Connect(TM) platform enables businesses to select requirements for customer onboarding that can include ID authentication, face-matching, address checking, AML ongoing monitoring and/or screening of sanctions lists, politically exposed persons (PEP), and adverse media. Through Blockpass, end-users easily create a verified portable identity that they can control and re-use to onboard with any service instantly.

For more information and updates, please visit and sign up to the following:
Promotional video: https://youtu.be/SvO2cw3e-SI
Website: http://www.blockpass.org
Email: sales@blockpass.org

Copyright 2020 ACN Newswire. All rights reserved. http://www.acnnewswire.com

Construction Expert Breezecoin (BRZE) Expands Further, Listed on CoinTiger Crypto Exchange

UK, May 22, 2020 – (ACN Newswire) – Breezecoin (BRZE), a real estate-backed cryptocurrency issued by Breeze de Mar, which is a real estate company with over 60 years of experience in the field, will be listed on the cryptocurrency exchange CoinTiger on May 22, 2020 (UTC). This is the second listing of Breezecoin following its recent one on Bithumb Global in late April.





Breeze de Mar is a UK-based real estate investment company and the successor of Akpinar Group, which is one of the rooted construction companies in Germany and has been serving the construction and real estate sectors on building commercial and residential complexes, as well as manufacturing areas since 1960.

Unlike most of the other cryptocurrencies, Breezecoin is tied to physical assets, namely real estate assets. Breezecoin is a currency used within the Breeze de Mar resort ecosystem. Customers can pay for services, food and beverages, and even buy a property with Breezecoin in Breeze de Mar locations.

"We're very excited about the listing of Breezecoin on a reputable Asian cryptocurrency exchange. Our plan is to expand further and establish footprints in more foreign markets. We're committed to be the first construction company to leverage the technology of blockchain and bring an impact to our industry," said Harald Kendzia, CEO of Breezecoin.

The deposits of Breezecoin will be available from 08:00 May 21, 2020 (UTC). Trading will open at 08:00 May 22, 2020 (UTC), while withdrawals will open at 08:00 May 25, 2020 (UTC). Customers at CoinTiger can also participate in the BRZE trading contest to win up to 2,000 BRZE.

About Breezecoin
Breezecoin (BRZE) is a real estate-backed cryptocurrency issued by Breeze de Mar, a brand owned by a UK-based real estate investment company Breeze de Mar LTD.

About Breeze de Mar
Breeze de Mar is the successor of Akpinar Group which is one of the rooted construction companies in Germany and has been serving the construction and real estate sectors on building commercial and residential complexes, manufacturing areas since 1960.

About CoinTiger
CoinTiger is a global digital asset exchange based in Singapore. CoinTiger boasts over 2.8 million registered users across 40+ countries, and has more than 120,000 daily active users. In addition to being a prominent exchange platform, CoinTiger also provides financial services, consulting, and funding to support the growth of promising blockchain projects. CoinTiger consistently ranks as one of the top 30 global exchanges by trading volume.



Copyright 2020 ACN Newswire. All rights reserved. http://www.acnnewswire.com

Onchain Custodian Announces Collaboration With Cyberbank

SINGAPORE, May 19, 2020 – (ACN Newswire) – Renown digital asset custody provider Onchain Custodian today announced a strategic collaboration with CyberBank. Onchain Custodian's secure, compliant custody solution will aid CyberBank's trading platform business in meeting with regulatory compliance.

CyberBank is a leading digital finance technology group in Asia and is the first to build a model that combines an exchange, custody services provider and investment funds. CyberBank has strong liquidity and funding, which powers its digital asset trading services and trading cloud service business.

Through its collaboration with Onchain Custodian, CyberBank completes its business offerings, by tapping on Onchain Custodian's expertise in custody of digital assets. CyberBank will adopt Onchain Custodian's secure and insured custody solution to upgrade the security level in its entire business ecosystem.

Cyberbank's cloud based digital asset solutions includes overall trading systemic cloud service and are able to build platforms for spot trading, futures trading, option trading, and OTC trading. Features of the trade book sharing, custodial wallets, rapid deployment, and multiple access methods.

Onchain Custodian is a secure digital asset custody provider backed by Sequoia Capital, Fosun and DHVC Capital. Onchain Custodian has offered ancillary services through partnerships, include crypto lending asset management, OTC and others.

Onchain Custodian is also one of the first few custodians globally to have insurance coverage over digital assets under custody. Its advanced custody platform solution includes multi-signature technology, warm wallet secured with IBM's hardware security module (HSM), as well as compliant, AML and CFT technology. Onchain Custodian has a truly institutional grade digital asset custodian platform.

Onchain Custodian's multi-dimensional custodial solutions protect the digital assets in CyberBank's ecosystem in this collaboration.

Neo Peng, the founder of CyberBank, expressing his thoughts on the collaboration, said that decentralization alone would not provide asset security for clients, a positive experience provided for clients requires the combination of conventional custodial business and insurance. CyberBank will perform the novel business of an emerging exchange, which includes insurance of digital assets, adherence to compliance requirements, a membership system, and good liquidity. Onchain Custodian is a critical partner to bring these emerging business collaborations to live.

"Having the alliance between two giants, we will build a unique, fully custodian digital asset exchange platform with insurance coverage, hence forming an ecosystem where members are motivated to trade knowing the assets are safely held by custodial wallets. CyberBank will provide spot trading, contract trading and business expansion for investors." Peng further supplemented.

Onchain Custodian China VP Jimmy Cheung: "Digital asset has become an inevitable trend worldwide and it will require standardization in all trading business from trading groups. Tapping on the exchange business as an entry to, and its network linkage to other businesses, one can extend the life cycle of a single business. Completing that with nurturing of industry talents, conventional finance groups will be able to transform and upgrade themselves to digital finance technology groups."

CyberBank and Onchain Custodian are both experienced in the industry and have strong resources. Riding the wave of economic development, they have kept their eyes focused on the future of digital assets and financial technology. Both firms are well prepared to embrace the future and be leading companies in this digital economy. Learn more at https://oncustodian.com.

Media Contact:
Jimmy Cheung
Onchain Custodian
jimmy.cheung@oncustodian.com
https://oncustodian.com

Copyright 2020 ACN Newswire. All rights reserved. http://www.acnnewswire.com

Onchain Custodian Announces Collaboration With Cyberbank

SINGAPORE, May 18, 2020 – (ACN Newswire) – Renown digital asset custody provider Onchain Custodian today announced a strategic collaboration with CyberBank. Onchain Custodian's secure, compliant custody solution will aid CyberBank's trading platform business in meeting with regulatory compliance.





CyberBank is a leading digital finance technology group in Asia and is the first to build a model that combines an exchange, custody services provider and investment funds. CyberBank has strong liquidity and funding, which powers its digital asset trading services and trading cloud service business.

Through its collaboration with Onchain Custodian, CyberBank completes its business offerings, by tapping on Onchain Custodian's expertise in custody of digital assets. CyberBank will adopt Onchain Custodian's secure and insured custody solution to upgrade the security level in its entire business ecosystem.

Cyberbank's cloud based digital asset solutions includes overall trading systemic cloud service and are able to build platforms for spot trading, futures trading, option trading, and OTC trading. Features of the trade book sharing, custodial wallets, rapid deployment, and multiple access methods.

Onchain Custodian is a secure digital asset custody provider backed by Sequoia Capital, Fosun and DHVC Capital. Onchain Custodian has offered ancillary services through partnerships, include crypto lending asset management, OTC and others.

Onchain Custodian is also one of the first few custodians globally to have insurance coverage over digital assets under custody. Its advanced custody platform solution includes multi-signature technology, warm wallet secured with IBM's hardware security module (HSM), as well as compliant, AML and CFT technology. Onchain Custodian has a truly institutional grade digital asset custodian platform.

Onchain Custodian's multi-dimensional custodial solutions protect the digital assets in CyberBank's ecosystem in this collaboration.

Neo Peng, the founder of CyberBank, expressing his thoughts on the collaboration, said that decentralization alone would not provide asset security for clients, a positive experience provided for clients requires the combination of conventional custodial business and insurance. CyberBank will perform the novel business of an emerging exchange, which includes insurance of digital assets, adherence to compliance requirements, a membership system, and good liquidity. Onchain Custodian is a critical partner to bring these emerging business collaborations to live.

"Having the alliance between two giants, we will build a unique, fully custodian digital asset exchange platform with insurance coverage, hence forming an ecosystem where members are motivated to trade knowing the assets are safely held by custodial wallets. CyberBank will provide spot trading, contract trading and business expansion for investors." Peng further supplemented.

Onchain Custodian China VP Jimmy Cheung: "Digital asset has become an inevitable trend worldwide and it will require standardization in all trading business from trading groups. Tapping on the exchange business as an entry to, and its network linkage to other businesses, one can extend the life cycle of a single business. Completing that with nurturing of industry talents, conventional finance groups will be able to transform and upgrade themselves to digital finance technology groups."

CyberBank and Onchain Custodian are both experienced in the industry and have strong resources. Riding the wave of economic development, they have kept their eyes focused on the future of digital assets and financial technology. Both firms are well prepared to embrace the future and be leading companies in this digital economy. Learn more at https://oncustodian.com.

Media Contact:
Jimmy Cheung
Onchain Custodian
jimmy.cheung@oncustodian.com
https://oncustodian.com


Copyright 2020 ACN Newswire. All rights reserved. http://www.acnnewswire.com

Blood on the streets: is it the right time to invest?

SYDNEY, May 14, 2020 – (ACN Newswire) – In just about three months, the coronavirus managed to spread across the globe triggering an economic crisis in its wake. As a result, the entire globe has experienced a short-term collapse in productivity hence a global financial crisis that experts predict could be worse than that of 2008.

Even though central banks and financial authorities are trying to soften the blow with policies aimed at increasing liquidity in the global economy, it is evident that a global economic downturn is unavoidable. The big question, however, is: How are you as an investor preparing for the looming global economic crisis?

What should investors do?

In the words of Warren Buffet (the oracle of Omaha), the best move is an "attempt to be fearful when others are greedy and to be greedy only when others are fearful." Fear has gripped the markets and for any seasoned investor, the obvious move is to buy low hanging stocks, shares, and bonds in collapsed markets.

However, while markets can be hard to predict even at the best of times, the coronavirus pandemic makes it even harder to understand. Reports show that investors who are getting back into the market are receiving confusing signals as quarterly earnings continue to shrink and corporate reports provide fewer clues about the future.

The truth however is that while some industries are bound to suffer, some will thrive on this pandemic. Therefore, the best move for smart investors is to jump on a platform that gives them a leg up in the market in terms of access to a set of hybrid trading strategies in multiple markets and in a variety of industries.

The tomato analogy

At this time, most investors will be tempted to sit on cash and wait. Even though signs of a market rebound are evident, most investors consider it too early to buy and too late to sell. However, sitting on cash right now will probably do more lasting damage and here is why.

"Government is the only institution that can take a valuable commodity like paper and make it worthless by applying ink." This famous quote by the renowned Australian Economist Ludwig Von Misses, on inflation, is the main reason why you should not sit on cash.

Governments erode the value of each monetary unit whenever they expand a nation's money supply. As governments across the world resort to extraordinary economic stimulus measures in response to the pandemic, the price of assets is bound to go up.

Here is how it works.

Consider the tomato analogy where you are in a market and have only two tomatoes to exchange with your partner's two seashells. In total there are only four items in that market. This means you can swap one tomato for one seashell to the satisfaction of both parties.

However, if two more seashells are discovered in the market while the number of tomatoes remains constant, the price of tomatoes automatically goes up. Now you will have to exchange two seashells for one tomato. This is assuming you only have access to that one market.

What if you had access to avenues of mitigating inflation? You could probably find the most profitable price for your tomatoes or seashells. Well, trusted investment platforms like STAX help you do just that.

With STAX you won't have to settle for the investment options in an inflated market. STAX gives you democratized access to an alternative asset class while enabling you to identify profitable investments even while there is blood on the streets.

What is STAX?

STAX is the first of its kind for raising equity capital in Australia. Its ethos is predicated on bridging the cryptocurrency markets and the traditional securities market. With an investor first approach, the rigorous screening process gives STAX investors access to attractive capital raising opportunities through the utilisation of FIAT or Digital Currencies.

STAX connects companies to people and paves a way for investors to make an impact by investing in the early stages of businesses. At its core, STAX was designed to be an attractive solution for investors. This rings true especially during uncertain times as is the current case with the coronavirus pandemic.

With an investor first approach, STAX allows investors to either use fiat or digital currencies to take part in equity capital raises. This means that FIAT and Digital Currency holders get to invest in companies to create more value in the market thus increasing overall productivity in the economy in the long run.

With this model, STAX democratises access to investors thus lowering the high barrier of entry that locks out startups and small and medium sized enterprises.

The bottom line

Without an inflation-resistant monetary system, an increase in the supply of money in such a system would lead to diminished wealth for investors who choose to hold currency rather than invest appropriately. As the world continues to fight COVID-19, the jury is still out on whether the market will eventually return to normal after the pandemic.

However, for the modern investor, the current pandemic is an opportunity to identify investment opportunities that can stand the test of time. The best move is to rigorously select investment with recurring revenues and scalable business models even amid an economic crisis.

By bridging securities with digital currencies, STAX offers an attractive proposition to experienced investors as well as new entrants to the investment arena. With the secondary market platform in the works, stay tuned for updates at: www.stax.exchange.

You can check out their offerings here https://www.stax.exchange/about/.


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