Crypto Currency

Moonstake Collaboration Webinar: “CENTRALIZED OR DECENTRALIZED – How can institutions ensure their digital assets are safe and secure”

SINGAPORE, Feb 19, 2021 – (ACN Newswire) – Moonstake will hold a joint webinar with Tokenize Xchange and Merkle Science about “CENTRALIZED OR DECENTRALIZED – How can institutions ensure their digital assets are safe and secure” on 24th of Feb, 2021. It will be held from 3PM Singapore time.It has been a remarkable year in…

SINGAPORE, Feb 19, 2021 – (ACN Newswire) – Moonstake will hold a joint webinar with Tokenize Xchange and Merkle Science about “CENTRALIZED OR DECENTRALIZED – How can institutions ensure their digital assets are safe and secure” on 24th of Feb, 2021. It will be held from 3PM Singapore time.It has been a remarkable year in which the cryptocurrency rose and some central banks together with financial institutions have started to recognise the potential of the cryptocurrency digital market, and are trying to adapt it at a country level.However with the massive price surge and adoption, the need to secure the digital assets has become ever more important. Moreover, institutions might not be aware of the various platforms and setup, be it decentralized or centralized, available for them to store and earn yields from.This webinar is a valuable opportunity to hear the opinions of experts about security at scale in digital asset management. So please come and join us.About this Webinar:TOPIC: “CENTRALIZED OR DECENTRALIZED – How can institutions ensure their digital assets are safe and secure”DATE & TIME: 24th of Feb, 3PM in Singapore time (GMT+8)SPEAKERS:- Lawrence Lin, CEO of Moonstake – Hong Qi Yu, CEO of Tokenize Exchange- Ian Lee, VP of Business Development of Merkle ScienceMODERATOR: Roy Kek,Co-founder & Managing Director, DIFYIN THIS WEBINAR, YOU WILL LEARN:- What are the advantages of DeFi over traditional finance in order to encourage more allocation of assets from institutions?- How does cryptocurrency and blockchain address the issues of privacy and cybersecurity pertaining to digital asset protection?- What are some of the Non-Financial Risks in DeFi that you can share with investors?- In a DeFi Scenario, What kind of implementation or security layer will help to reduce the risk of the platform being hacked or misused or system not responding due various reasons.- And more useful information from our panel of experts.Pre-registration is required to participate, so please register from the link below. RSVP Today to take advantage of this free webinar. https://bit.ly/2NJ7aLtAbout MoonstakeMoonstake was recently established to develop a staking pool protocol to satisfy increasing demands in regional and global blockchain markets. Moonstake develops a staking pool protocol and provides business services through partners and companies.Moonstake aims to be the largest staking pool network in Asia by providing an active environment for crypto asset holders. Establishing a clear partnership roadmap with Moonstake represents another significant milestone for continuing to strengthen ties with leading platforms across Asia’s burgeoning Distributed Ledger Technology (DLT) ecosystem. Partnership has been announced with Emurgo, Ontology and NEO to boost staking adoption, Binarystar, Japan’s biggest blockchain hub, OIO Holdings Limited (SGX: OIO), a Singapore Catalist-Listed company. Industry’s reputed advisors, such as Lisk and Lawrence Lim of RAMP DEFI support Moonstake’s innovative journey. With a full-scale operation launched in August 2020, we expanded our business and as of now, our total staking assets exceeded over USD 500 Million. https://www.moonstake.io/ About Tokenize XchangeTokenize Xchange is a platform that enables users to buy and sell established and emerging digital currencies. It has received conditional approval from the Securities Commission Malaysia. As an approved platform, Tokenize Malaysia can now accept clients with its digital asset exchange being recognised as a safe and secure platform. https://tokenizemalaysia.com/About Merkle ScienceMerkle Science provides blockchain transaction monitoring and intelligence solutions for crypto asset service providers, financial institutions and government agencies to detect, investigate and prevent money laundering, terrorist financing and other criminal activities. Merkle Science is headquartered in Singapore with offices in Bangalore and Tokyo and backed by Digital Currency Group, Kenetic, SGInnovate and LuneX. http://merklescience.comAbout DIFY SingaporeDIFY is Singapore’s leading integrated communications agency in the blockchain and financial technologies industry. Since its inception in June 2018, DIFY has worked with over 70 blockchain projects to meet their communication goals, which includes Binance, Wanchain, Huobi, Smart Dubai Government among others. While working on both local and regional projects, DIFY has also expanded its presence across Southeast Asia, with partnerships and expertise in Malaysia, Thailand and Vietnam. Website: https://dify.sg/ Copyright 2021 ACN Newswire. All rights reserved. www.acnnewswire.com
Read More

Be the first to write a comment.

Leave a Reply

Your email address will not be published. Required fields are marked *

Crypto Currency

Binance Marks Africa Month With Push for Digital Inclusion Across Continent

Binance, the world’s largest cryptocurrency exchange by trading volume, used Africa Month to deepen its engagement on the continent, positioning digital assets and blockchain technology as tools for economic inclusion and community development. The company said it ran a month-long campaign from April 25 to May 25 aimed at boosting participation in the digital economy…

Binance, the world’s largest cryptocurrency exchange by trading volume, used Africa Month to deepen its engagement on the continent, positioning digital assets and blockchain technology as tools for economic inclusion and community development. The company said it ran a month-long campaign from April 25 to May 25 aimed at boosting participation in the digital economy…
Read More

Continue Reading
Crypto Currency

France Dominates 70% Global Crypto Wrench Attacks Raising Investor Fears

Crypto Wrench Attacks, France crypto kidnappings, Bitcoin holder security risks, crypto KYC data leak, crypto crime news today, Ledger data breach impact, Bitcoin investor safety concerns, crypto surveillance and privacy risks, France cryptocurrency crime wave, crypto wallet security solutions…

Crypto Wrench Attacks, France crypto kidnappings, Bitcoin holder security risks, crypto KYC data leak, crypto crime news today, Ledger data breach impact, Bitcoin investor safety concerns, crypto surveillance and privacy risks, France cryptocurrency crime wave, crypto wallet security solutions…
Read More

Continue Reading
Crypto Currency

Bitdeer Sells 100% Of Weekly Bitcoin Output As ETF Outflows and Market Weakness Push BTC Below $75K

Bitdeer, a Nasdaq-listed Bitcoin mining company, sent shockwaves throughout the cryptocurrency market when it confirmed that all weekly Bitcoin production was sold and that its own holdings amounted to zero. This decision comes as Bitcoin prices come under renewed pressure turning one of the larger players she mines to a cautious stance…

Bitdeer, a Nasdaq-listed Bitcoin mining company, sent shockwaves throughout the cryptocurrency market when it confirmed that all weekly Bitcoin production was sold and that its own holdings amounted to zero. This decision comes as Bitcoin prices come under renewed pressure turning one of the larger players she mines to a cautious stance…
Read More

Continue Reading
Crypto Currency

Ethena price: ENA dips despite 5-week peak in whale activity

Ethena’s native token, ENA, saw its price decline as Bitcoin slid below $79,000 The slight dip happened despite ENA notching a 5-week high in whale activity. Prices could fall further, but a rebound for BTC could boost ENA. Ethena (ENA) price faced downward pressure today, dropping nearly 4% to intraday lows of $0.11 as Bitcoin


Ethena Price Down

  • Ethena’s native token, ENA, saw its price decline as Bitcoin slid below $79,000
  • The slight dip happened despite ENA notching a 5-week high in whale activity.
  • Prices could fall further, but a rebound for BTC could boost ENA.

Ethena (ENA) price faced downward pressure today, dropping nearly 4% to intraday lows of $0.11 as Bitcoin grappled with renewed selling amid macroeconomic headwinds.

This decline unfolded even as on-chain metrics signaled robust interest from large holders.

Analysts say the move highlights a disconnect between whale behavior and short-term price action.

Ethena hits 5-week high in whale activity

On-chain data shows Ethena’s ecosystem has managed notable momentum.

For one, the network just hit its largest daily network growth in over three months.

The platform did not just see a surge in new wallet creations, but had ENA whale activity surging to a five-week peak, with this aligning with heightened interest bolstered by several bullish catalysts.

According to Santiment, one of the key drivers was Grayscale’s decision on May 7 to incorporate ENA into its DeFi Fund.

Ethena also recently saw a massive $310 million USDC transfer, a transaction that injected fresh liquidity and drew widespread attention.

Santiment has also highlighted that the spotlight on ENA increased further when LayerZero announced a temporary bridge suspension on May 9, keeping Ethena at the forefront of DeFi discussions.

Adding to the optimism, the Ethena Foundation recently affirmed that all conditions outlined by its Risk Committee for activating the “fee switch” have been satisfied.

This mechanism, designed to distribute protocol fees to stakers, awaits a governance vote from ENA holders in the coming days.

The whale positioning ahead of the pivotal vote helped ENA price pump to highs of $0.14 on May 10.

Why’s ENA price down?

Despite the positive catalysts, ENA’s price succumbed to broader market dynamics.

Both RSI and MACD on the 4-hour chart suggest prices could fall further.

Ethena ENA Chart
Ethena price chart by TradingView

On May 13, crypto sentiment soured following the release of U.S. Producer Price Index (PPI) data.

This came in hotter-than-expected and exacerbated fears of persistent inflation and delayed rate cuts.

US stocks slid, and Bitcoin, the crypto sector’s bellwether, tumbled below $79,000 during intraday trading.

Declines

Read More

Continue Reading