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Cyber Security Software Market Next Big Thing | Major Giants ThreatLocker, Exabeam, CyberSaint Security – openPR

April 4, 2023 | Author: admin

Cyber Security Software Market

Get Free Exclusive PDF Sample Copy of This Research @ https://www.advancemarketanalytics.com/sample-report/66837-global-cyber-security-software-market-1

Scope of the Report of Cyber Security SoftwareThe cyber security is also referred to as information technology security. Cyber security software is a computer program which is designed to enhance the information security. It is also designed to protect the networks, devices, programs, and data from an attack or unauthorized access. There are various types of cyber security software which includes anti-virus software, internet security software, malware/spam ware removal, firewall software, network security software and protection software. Therefore, there is increasing demand of cyber security software for the protection from cyber-attacks.

The titled segments and sub-section of the market are illuminated below:by Platform (Android, IOS, Windows), Industry Verticals (Aerospace and Defense, BFSI, Public sector, Retail, Healthcare, IT and Telecom, Energy and Utilities, Manufacturing, Others), Features (Machine learning, Behavioral analytics, IOC verification, Tokenization, Blacklisting), Subscription (Monthly, Annually, One time license)

Market Drivers:Growing Popularity and Digitization is Fueling the Market GrowthIncreasing Cyber Threats and Terrorism

Opportunities:Increasing Usage of Cyber Security Software in Various Industries Such as Government, IT and Telecom, and OthersEmergence of Digital Technologies Such as Internet of Things

Market Trends:Increasing Demand of Cloud Based Cyber Security Solutions

May 2022 - Cisco Systems Inc. announced that it had released the Cisco Cloud Controls Framework (CCF) to the public. Cisco CCF is a comprehensive set of national and international security compliance and certification requirements aggregated in one framework.

Region Included are: North America, Europe, Asia Pacific, Oceania, South America, Middle East & Africa

Country Level Break-Up: United States, Canada, Mexico, Brazil, Argentina, Colombia, Chile, South Africa, Nigeria, Tunisia, Morocco, Germany, United Kingdom (UK), the Netherlands, Spain, Italy, Belgium, Austria, Turkey, Russia, France, Poland, Israel, United Arab Emirates, Qatar, Saudi Arabia, China, Japan, Taiwan, South Korea, Singapore, India, Australia and New Zealand etc.

In April 2020, Patchwork Health partnered with Truu which is a digital passports provider. It enables the rapid deployment of workers across NHS Trusts during the COVID-19 outbreak. Truu's digital staff passports allow healthcare workers to accumulate credentials issued from their home hospitals. These are then shared securely with new hospitals.

Have Any Questions Regarding Global Cyber Security Software Market Report, Ask Our Experts@ https://www.advancemarketanalytics.com/enquiry-before-buy/66837-global-cyber-security-software-market-1

Strategic Points Covered in Table of Content of Global Cyber Security Software Market:Chapter 1: Introduction, market driving force product Objective of Study and Research Scope the Cyber Security Software marketChapter 2: Exclusive Summary - the basic information of the Cyber Security Software Market. Chapter 3: Displaying the Market Dynamics- Drivers, Trends and Challenges & Opportunities of the Cyber Security SoftwareChapter 4: Presenting the Cyber Security Software Market Factor Analysis, Porters Five Forces, Supply/Value Chain, PESTEL analysis, Market Entropy, Patent/Trademark Analysis.Chapter 5: Displaying the by Type, End User and Region/Country 2016-2021Chapter 6: Evaluating the leading manufacturers of the Cyber Security Software market which consists of its Competitive Landscape, Peer Group Analysis, BCG Matrix & Company ProfileChapter 7: To evaluate the market by segments, by countries and by Manufacturers/Company with revenue share and sales by key countries in these various regions (2022-2028)Chapter 8 & 9: Displaying the Appendix, Methodology and Data Source

finally, Cyber Security Software Market is a valuable source of guidance for individuals and companies.

Read Detailed Index of full Research Study at @ https://www.advancemarketanalytics.com/reports/66837-global-cyber-security-software-market-1

Thanks for reading this article; you can also get individual chapter wise section or region wise report version like North America, Middle East, Africa, Europe or LATAM, Southeast Asia.

Contact Us: Craig Francis (PR & Marketing Manager) AMA Research & Media LLPUnit No. 429, Parsonage Road Edison, NJ New Jersey USA - 08837 Phone: +1(201) 7937323, +1(201) 7937193sales@advancemarketanalytics.com

About Author: Advance Market Analytics is Global leaders of Market Research Industry provides the quantified B2B research to Fortune 500 companies on high growth emerging opportunities which will impact more than 80% of worldwide companies' revenues.Our Analyst is tracking high growth study with detailed statistical and in-depth analysis of market trends & dynamics that provide a complete overview of the industry. We follow an extensive research methodology coupled with critical insights related industry factors and market forces to generate the best value for our clients. We Provides reliable primary and secondary data sources, our analysts and consultants derive informative and usable data suited for our clients business needs. The research study enable clients to meet varied market objectives a from global footprint expansion to supply chain optimization and from competitor profiling to M&As.

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2023-03-28 | OTCPK:EBZT | Press Release | Everything Blockchain … – Stockhouse

April 4, 2023 | Author: admin

Jacksonville, Florida, March 28, 2023 (GLOBE NEWSWIRE) -- Everything Blockchain Inc., (OTCMKTS: EBZT), a technology company that is blending blockchain, DBMS and Zero Trust to deliver disruptive new ways to store, manage and protect data, today announced a partnership with the Center for Internet Security, Inc. (CIS®) in the CIS CyberMarket®. CIS is a non-profit cybersecurity organization committed to keeping the connected world a safer place.

Everything Blockchain, Inc. delivers novel solutions to the market that protect and securely store intellectual property. The company’s EB Control application safeguards data on the owner's local device by creating a secure vault which can be stored, transported or shared; allowing the owner to maintain complete control for the life of the data. With EB Control, data and files can be geo-fenced, time-fenced and data rights management invoked so that data can be confidently shared and controlled outside of your secure domain.

We are excited to be working with CIS and proud to be recognized by them for inclusion into the CyberMarket,” said Toney Jennings, CEO, EBI. By making our solutions available through the CyberMarket, important and critical State, Local, Tribal and Territorial organizations will have easy access to tools that will protect them and their communities. We look forward to a productive partnership.”

CIS CyberMarket is a collaborative purchasing program that serves U.S. State, Local, Tribal and Territorial (SLTT) government organizations, nonprofit entities, and public health and education institutions to improve cybersecurity through cost-effective group procurement. By leveraging the collective purchasing power of participating public and nonprofit organizations, CIS CyberMarket works with industry-leading cybersecurity providers to secure significant group purchasing opportunities to meet the ever-evolving cybersecurity needs of customer organizations.

It is a distinct pleasure to welcome EBI to the CIS CyberMarket community,” said Cat Werbeck-Marczan, CIS VP of Cybersecurity Services Program Office. This partnership will provide U.S. State, Local, Tribal, and Territorial government organizations with access to EBI’s innovative cybersecurity solutions to protect their digital assets against a constantly evolving cyber threat landscape.”

For more information about the Center for Internet Security and CIS CyberMarket, contact CIS Media Relations Manager Kelly Wyland at kelly.wyland@cisecurity.org or 518-256-6978.

For more information about EBI, visit everything blockchain.io.

About CIS:

The Center for Internet Security, Inc. (CIS®) makes the connected world a safer place for people, businesses, and governments through our core competencies of collaboration and innovation. We are a community-driven nonprofit, responsible for the CIS Critical Security Controls® and CIS Benchmarks, globally recognized best practices for securing IT systems and data. We lead a global community of IT professionals to continuously evolve these standards and provide products and services to proactively safeguard against emerging threats. Our CIS Hardened Images® provide secure, on-demand, scalable computing environments in the cloud. CIS is home to the Multi-State Information Sharing and Analysis Center® (MS-ISAC®), the trusted resource for cyber threat prevention, protection, response, and recovery for U.S. State, Local, Tribal, and Territorial government entities, and the Elections Infrastructure Information Sharing and Analysis Center® (EI-ISAC®), which supports the rapidly changing cybersecurity needs of U.S. election offices. To learn more, visit CIS or follow us on Twitter: @CISecurity.

About Everything Blockchain Inc. Everything Blockchain, Inc. (OTCMKTS: EBZT) envisions a future where every transaction is trusted and blockchain is used to meet ESG goals, support cities of the future, build and control the transparency of supply chains and ensure the rights of data ownership sustain forever. The company’s patent-pending advances in blockchain engineering deliver the essential elements needed for real-world business use: speed, security, and energy efficiency. Current sub-brands include: EB Advise, EB Build and EB Control. For more information, please visit https://www.everythingblockchain.io/

Forward Looking Statements This news release contains forward-looking statements” which are not purely historical and may include any statements regarding beliefs, plans, expectations or intentions regarding the future. Such forward-looking statements include, among other things, the development, costs and results of new business opportunities and words such as anticipate”, seek”, intend”, believe”, estimate”, expect”, project”, plan” or similar phrases may be deemed forward-looking statements” within the meaning of the Private Securities Litigation Reform Act of 1995. Actual results could differ from those projected in any forward-looking statements due to numerous factors. Such factors include, among others, the inherent uncertainties associated with new projects, the future U.S. and global economies, the impact of competition, and the Company’s reliance on existing regulations regarding the use and development of blockchain and zero trust- based products. These forward-looking statements are made as of the date of this news release, and we assume no obligation to update the forward-looking statements, or to update the reasons why actual results could differ from those projected in the forward-looking statements. Although we believe that any beliefs, plans, expectations and intentions contained in this press release are reasonable, there can be no assurance that any such beliefs, plans, expectations or intentions will prove to be accurate.

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How cyber lessons learned in warfare can be applied to business … – BCS

April 4, 2023 | Author: admin

The war in Ukraine has caused the suffering of millions and the loss of tens of thousands of lives, and is undoubtedly one of the greatest human tragedies of the 21st century. In these times of peril, people reveal their true colours, and blue and yellow have shown to represent tremendous bravery and determination despite all the odds being stacked against them. Whilst many have been devastated by the conflict, the awe inspiring collective rise of Ukrainians everywhere has demonstrated what a truly special people they are.

This bravery has also led others to step up their support, whether it be other nations, billionaires such as Elon Musk, or simply ordinary people donating to initiatives such as President Zelenskys United 24 fund. As we have seen during the COVID-19 pandemic, great tragedies have the power to unite us and to inspire us to use our innovation and creativity to find solutions. Throughout history, war has been no different - whether it be the First World war leading to the development of novel plastic surgery techniques, or the Cold War resulting in the space race and putting the first man on the moon.

The Ukraine war is a modern-day war, and as a result we have seen modern-day technological innovation. I hope to unpack some of this and reveal how the lessons we have learned in wartime might be used by business es in peacetime, once the dust finally settles on this dreadful human tragedy.

Clear communication is vital during a war, and it has been a key factor in differentiating between Russia and Ukraine in this conflict. Effective military-grade encrypted communication is difficult to implement, and the technology that Ukraine has been using has allowed them to communicate essential information between their troops.

Perhaps as a side effect of not readying for a prolonged assault, some Russians were forced to communicate using regular mobile phones, allowing Ukraine to block their numbers. When they resorted to stealing Ukrainian phones, lists of stolen numbers were compiled, allowing calls to be intercepted. It is rumoured that due to the expectation of a swift victory, Russia didnt wish to sabotage Ukrainian communications and other infrastructure as they were planning on using it once they had seized the territory.

Communication, notably phishing and social engineering, is a hot topic in cyber security. Businesses should always ensure that sensitive communication, particularly when containing personally identifiable information (PII) and customer data, is kept encrypted. Internal communication should use tools such as Slack or Microsoft Teams as they offer a higher level of trust than email. This is largely due to their ability to segregate internal communications into their platform, which allows external email communications to be scrutinised more effectively.

One of the most notable things about the start of the invasion in Donbas is that satellite imagery showed the presence of Russian tanks on the border with Ukraine. There have been several subsequent news stories showing how pictures uploaded to public social media accounts by Russian soldiers have revealed key tactical insights such as their numbers and location.

Open source intelligence is becoming more common, with information becoming more freely accessible. Both the military and businesses alike should note that their presence on social media and elsewhere on the internet is key to their security. Monitoring what information about your organisation is available in the public domain is vital to understanding an attacker's mindset, and this is often a starting point from which penetration test audits will begin.

Drones are not a fresh concept in modern conflict, and in the past have been used as weapons that can launch strikes against remote targets without endangering allied soldiers. Facing limited supplies of armed military-grade drones, Ukraine has creatively used commercial drones, such as the DJI Mavic 3, for reconnaissance in order to locate targets for artillery units.

Somewhat contrary to traditional military strategy of involving a chain of command, they have empowered frontline soldiers to call in missile strikes in a just-in-time manner, which allows them to respond quickly to rapid change. Often these troops have a clearer picture of the present situation, and allowing them to make these calls has been a key strategic advantage.

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Binance Resumes Deposits, Withdrawals After 5hrs Of BNB Network Issue – CoinGape

April 4, 2023 | Author: admin

The worlds largest crypto exchange Binance suffered issues after the wallet maintenance for BNB Smart Chain (BEP20). The exchange temporarily suspended deposits and withdrawals on the BNB Smart Chain as the team worked to resolve the issue.

The withdrawals and deposits have resumed after 4-5 hours of fixing the node issue after the Binance Smart Chain (BEP20) network upgrade.

According to an official announcement on March 30, Binance revealed it has temporarily suspended BSC deposits and withdrawals due to a node issue after the Binance Smart Chain (BEP20) network upgrade.

Due to a node issue following the Binance Smart Chain (BEP20) network upgrade, we have temporarily closed BSC deposits and withdrawals. Our team is working to fixing the issue, with an estimated completion time of 1-hour.

The wallet maintenance for BNB Smart Chain (BEP20) is expected to be completed by 11:00 UTC on March 30. Binance team is actively working to complete the maintenance as quickly as possible.

The scheduled wallet maintenance for the chain was announced on Tuesday, with investors aware of exchange suspending deposits and withdrawals on the BNB Smart Chain for two hours. However, users are impacted due to the extension of the wallet maintenance to another two hours.

This is the second time Binance has suffered issues in a week. On March 24, the exchange suspended all spot trading after the matching engine encountered a bug on the trailing stop order. Bitcoin and Ethereum prices fell after the announcement as the exchange remained offline on the trading part.

Bitcoin price fell over 0.50% during the scheduled Binance Smart Chain (BEP20) network upgrade. The BTC price is trading above $28,500 at the press time.

Ethereum price also fluctuated during the node issue, with the price currently trading at $1,805 at the press time.

Also Read: Binances Bitcoin, Ethereum, Stablecoins Netflow Reveals Stability Despite US CFTC Suit

Varinder is a Technical Writer and Editor, Technology Enthusiast, and Analytical Thinker. Fascinated by Disruptive Technologies, he has shared his knowledge about Blockchain, Cryptocurrencies, Artificial Intelligence, and the Internet of Things. He has been associated with the blockchain and cryptocurrency industry for a substantial period and is currently covering all the latest updates and developments in the crypto industry.

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What Coinbase’s Layer 2 Says About Where We’re Headed – Crypto News Flash

April 4, 2023 | Author: admin

Courtesy: https://www.coinbase.com/

Coinbase recently announced Base, its own Ethereum Layer 2 solution that offers a safe, low cost, developer friendly alternative to the Ethereum mainnet.

Through the prior bull market, we saw alternative Layer 1 blockchains arise with Binance Smart Chain being among the most prominent. Thanks to Binances 90 million users, Binance Smart Chain saw incredible growth through 2020 and 2021.

With direct access to Coinbases 110 million users, Base has the potential to capture an even larger market than Binance Smart Chain. At its peak, Binance Smart Chain attracted tens of billions of dollars in digital assets. Importantly, Coinbase has the ability to take learnings from other layer 1 blockchains and apply them to Base.

Heres what Base says about where the cryptoeconomy is headed.

Coinbases Base is an Ethereum optimistic rollup that runs computations off-chain and posts transaction results onto mainnet. By reducing the amount of data that needs to be processed on-chain, optimistic rollups can reduce fees by over 100x. Besides reducing gas fees, the rollup increases transaction speeds and maintains the decentralization and security of Ethereum blockchain.

Base is built via Optimisms open source OP stack, which means it is fully EVM compatible, allowing Ethereum applications to be directly imported onto Base. The network announced dozens of applications that Base will launch with, including Aave, Infura, and Chainlink. EVM-compatibility is critical to add utility to a networkBase can rely on established teams, applications, and users that already exist within Ethereums ecosystem.

Coinbase will be empowering DeFi applications with access to their products, users, and tools. Users can easily onramp their fiat to use DeFi applications, while Coinbase could have direct integrations with applications via their wallet.

Coinbase is also joining Optimism as a core developer on the OP stack, which is aiming to create a modular Superchain that connects all OP Layer 2 networks together, improving on user experience and the current set of scaling solutions.

Instead of relying on issuing network tokens as incentives, Pollak from Coinbase feels that the Bases access to large-scale consumer distribution and EVM compatibility would achieve product market fit. By driving down fees, building better wallets and infrastructure, Base would naturally achieve growth.

To quote Pollak, Coinbases goal is to make on-chain the next online and onboard one billion users into the cryptoeconomy. In pursuit of this goal, Base will serve as both a home for Coinbases on-chain products and an open ecosystem where anyone can build.

Bases improvements on gas fees drastically improves feasibility for users to use EVM-based decentralized apps. A single transaction on Ethereum, like minting an NFT or swapping tokens, could cost users hundreds of dollars during peak usage. Though gas fees are lower now due to reduced user activity, basic functions like swapping tokens on Ethereum still cost around $10. The barrier to entry is enormously high for normal users, stifling the adoption of Web3.

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If similar to Optimisms network, normal transactions would cost cents instead of dollars. Users would be able to access applications like Aave and Balancer at a fraction of the usual transaction fees, creating a truly accessible Web3 experience.

Users will be able to create, buy, or sell any token on decentralized crypto exchanges without waiting for centralized exchange listings and access high yield strategies without paying prohibitive transaction fees. Instead of storing income as cash in the bank earning low rates, savers could easily deposit into safe high-yielding stablecoin strategies.

The accessibility of Ethereums applications to the masses cannot be understated. Right now, many users are unable to use Ethereum due to its high network fees. As seen through 2022, DeFi applications have weathered the turbulent markets and have provided more robust infrastructure than its centralized counterparts. With new access to layer 2 solutions, these applications will become more accessible than ever before.

At Origin Protocol, the team is excited to explore layer 2 solutions to make their products more accessible to the everyday user. By integrating applications like Aave, Compound, Curve, and Convex, OUSD deploys assets into non-speculative stablecoin strategies to earn yields above 5% for users holding OUSD. With so many retail users burned from centralized interest-bearing products, theres a clear need for transparent, safe yields through DeFi.

Since OUSD holders do not have to lock up or stake capital to earn yield that is directly sent to their wallet daily, users remain fully liquid. If the user needs their dollars to pay bills, they can swap out their OUSD for USDC and easily offramp via Coinbase. Yield earned in DeFi is completely transparent, as opposed to centralized platforms that often engage in opaque and risky behavior. As OUSD explores layer 2 scaling solutions, Base is an important consideration to explore.

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Both crypto-natives and Coinbase users are excited for the launch of Base, due to the amount of features and synergies it unlocks for DeFi. Users would have access to an Internet of finance, a financial system that is truly fit for the Internet age.

Base has been in testnet since February 23, 2023, opening the platform for developers to test their applications on the network. Coinbase has not confirmed a launch date for Bases mainnet yet.

Crypto News Flash does not endorse and is not responsible for or liable for any content, accuracy, quality, advertising, products, or other materials on this page. Readers should do their own research before taking any actions related to cryptocurrencies. Crypto News Flash is not responsible, directly or indirectly, for any damage or loss caused or alleged to be caused by or in connection with the use of or reliance on any content, goods, or services mentioned.

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CZ tweeted that a $1B recovery fund would be moved into native crypto with transparency. Then Binance stuck it in a corporate wallet – Yahoo Finance

April 4, 2023 | Author: admin

In the wake of FTX's collapse in November, the newly crowned kingpin of crypto, Binance CEO and cofounder Changpeng "CZ" Zhao, announced that his exchange would create an industry recovery fund to "help projects who are otherwise strong, but in a liquidity crisis."

Binance committed $1 billion of its own capital, seeded into a public address with its self-branded stablecoin, BUSD, and invited other companies to participate. Binance also boasted that it intended to ramp up its own contribution to $2 billion.

After BUSD came under fire from U.S. regulators and Binance partner Paxos stopped issuing the token, Zhao tweeted on March 13 that Binance would convert the $1 billion left in the "Industry Recovery Initiative" to "native crypto," including Bitcoin, Ether, and Binance's own cryptocurrency, BNB.

"Some fund movements will occur on-chain," he wrote. "Transparency."

In a single transaction on March 13, Binance moved just over $985 million BUSD to one of its corporate exchange wallets, called Binance 14. Despite Zhao's promise of transparency, there have been no subsequent movement of the funds, and a Binance spokesperson told Fortune that the company intends to keep the capital in its corporate wallets, rather than a public address, without specifying how the BUSD will be converted.

"We remain committed to supporting the industryalthough given the fact that crypto prices have recovered well above post-FTX levels, there are not as many companies in need of help," the spokesperson said. "We will keep funds available, as needed, but they will sit in our corporate wallets rather than in the IRI wallet."

As Binance faces increasing pressure from regulators amid allegations of misappropriated funds, the mismatch between public rhetoric and private behavior regarding the recovery initiative doesn't help the company's optics.

After Zhao announced the crypto recovery fund on Nov. 14, the initiative quickly drew praiseand participationthroughout the industry. It also attracted top partners, with leading companies such as Jump Crypto, Polygon Ventures, Aptos Labs, and Animoca Brands agreeing to contribute around $50 million in aggregate.

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Ten days after announcing the fund, Binance said it had received over 150 applications from companies seeking support. By February, the exchange announced that the fund had grown to $1.1 billionmeaning the commitment from other firms had grown by just $50 millionand that it had supported 14 projects, including the South Korean exchange GOPAX.

Because Binance listed a public address for its portion of the recovery initiative, it's possible to see transactions into and out of the fund. Until Binance moved out its BUSD in March, the address only registered two outgoing transactionsone on Nov. 24, for just over $50 in BUSD, and the other on Feb. 3 for just under $15 million in BUSD. The Binance spokesperson confirmed the latter transaction was for GOPAX.

BUSD has been a target of criticism. Even though the New York-based Paxos issued the stablecoin, which is backed 1-to-1 with the dollar, Binance issued its own "wrapped" version of the token that would function on its proprietary blockchain, Binance Smart Chain. BUSD is only operable on Ethereum.

In early January, the blockchain analytics firm ChainArgos revealed that the wrapped version of BUSDcalled Binance-peg BUSDwas often undercollateralized, or not backed 1-to-1and Bloomberg later reported that Binance was commingling collateral for the Binance-peg BUSD token with customer exchange funds in a corporate wallet called Binance 8. A spokesperson said that the collateral assets had been moved into the wallet "in error." Fortune reported that a similar dynamic occurred with a different wrapped token, Binance-peg USDC, in a corporate wallet named Binance 14.

Commingling different types of assets in the same corporate wallets has been a persistent management issue for Binance, including with the recovery fund. The $1 billion in BUSD initially came from the corporate wallet Binance 14, which also stores customer funds, raising the eyebrows of onlookers on Crypto Twitter.

With its recent decision to move the recovery initiative fund back to a corporate wallet, Binance is repeating the same dynamic. After the New York Department of Financial Services ordered Paxos to stop issuing BUSD amid allegations of Binance's improper management of wrapped tokens, BUSD's market cap fell sharply, spurring Binance to declare it would convert its $1 billion of BUSD in the recovery initiative to Bitcoin, Ether, and BNB.

Even though Zhao publicly said this process would be happening with "transparency," the company spokesperson confirmed that the fund instead would be stored in Binance 14where the capital initially came fromrather than in a publicly viewable and separate address. The spokesperson did not clarify the discrepancy between Zhao's public statement and the private management decision.

With crypto markets rebounding, applications to the initiative have "dropped significantly," the spokesperson added. The funds remain available, but with them back in a corporate wallet it's impossible to track whether Binance indeed converted the BUSD into "native crypto" or whether it will continue to disseminate the funds.

This story was originally featured on Fortune.com

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Crypto Updates: Ethereum (ETH) and RenQ Finance (RENQ) are … – Analytics Insight

April 4, 2023 | Author: admin

Cryptocurrencies have gained significant attention recently, with more and more people investing in digital assets like Bitcoin, Ethereum, and RenQ Finance.

According to recent data, in the USA, Ethereum (ETH) and RenQ Finance (RENQ) have emerged as the two most traded cryptos. The growing popularity of these tokens can be attributed to their innovative technology and strong fundamentals, making them stand out in a crowded market.

This article will provide an overview of the latest updates on Ethereum and RenQ Finance, giving insights into why these tokens attract the attention of traders and investors in the USA.

Ethereum is the second-largest cryptocurrency by market capitalization, with a market cap of over $219 billion. It is widely regarded as the king of decentralized finance (DeFi), thanks to its smart contract functionality, which allows developers to create decentralized applications (dApps) and other financial products on top of the Ethereum network.

In recent years, the DeFi space has exploded in popularity, and Ethereum has been at the forefront of this trend. The Ethereum network now hosts more decentralized applications (dApps) than any other blockchain, and the total value locked in DeFi protocols built on top of Ethereum has surpassed $50.34 billion.

One of the key drivers of Ethereums popularity is its strong community of developers and supporters, who continue to innovate and push the boundaries of what is possible with decentralized technology.

Additionally, the Ethereum 2.0 upgrade, which moves the network from a proof-of-work to a proof-of-stake consensus mechanism, improves scalability and reduces transaction fees, making the platform even more attractive to users.

RenQ Finance is a relatively new player in the DeFi space, having launched in February 2023. However, it has quickly gained popularity among investors and traders thanks to its innovative multi-chain platform and commitment to security and interoperability.

Unlike other DeFi protocols that are limited to a single blockchain, RenQ Finance offers a multi-chain solution that allows users to trade and invest in cryptocurrencies across multiple blockchains, including Ethereum, Binance Smart Chain, and Polkadot. This unique feature has made RenQ Finance an attractive option for investors looking to diversify their portfolios and gain exposure to multiple cryptocurrency markets.

RenQ Finances commitment to security and interoperability has also set it apart from other DeFi protocols. The platform uses advanced security measures, such as multi-signature wallets and smart contract audits, to ensure the safety of user funds. Additionally, RenQ Finance is built to be interoperable with other DeFi protocols, allowing for seamless integration with other platforms and the exchange of assets across different blockchains.

Ethereum (ETH) and RenQ Finance (RENQ) are two cryptocurrencies that have been gaining significant attention from traders and investors in the USA.

Ethereum has been a popular choice for investors due to its use in decentralized finance (DeFi) applications and non-fungible tokens (NFTs). The Ethereum blockchain allows for the creation of smart contracts, which enable the execution of complex financial transactions without the need for intermediaries, making it an attractive option for those seeking to decentralize the financial system.

RenQ Finance, on the other hand, is a newer cryptocurrency that has been making waves in the DeFi space. RenQ Finance is a decentralized finance platform that offers users various financial services, including yield farming, staking, and liquidity provision. Its use of artificial intelligence (AI) technology to optimize investment strategies and asset management has also made it an attractive option for investors seeking innovative solutions.

Both Ethereum and RenQ Finance have strong fundamentals and innovative technology that make them stand out in the crowded cryptocurrency market. The potential for growth and the increasing interest from traders and investors make them two of the most talked-about cryptocurrencies in the USA right now.

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Website:https://renq.ioWhitepaper:https://renq.io/whitepaper.pdf

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Top 5 Best Bet Altcoins To Watch This April – Coinpedia Fintech News

April 4, 2023 | Author: admin

Crypto analyst Austin Arnold has identified five cryptocurrencies that investors should watch out for in April 2023. According to him, he expects these coins to experience significant events that could affect their market performance, making them potentially good long-term investment options for crypto enthusiasts.

The first coin on Austins radar is ethereum ethereum Blockchain NetworkTechnology (ETH). He highlights the Chalapa/Shanghai upgrade that will occur on April 12 will let Ethereum stakers freely withdraw their holdings since it is currently not possible. The move is expected to lead to more Ethereum staking, which at the moment stands at 16%.

Austin predicts that after the Shanghai upgrade, the percentage will increase to over 70%, which is comparable to other major protocols such as Cardano, Solana, and Binance Coin (BNB). He expects this to push Ethers price incredibly higher.

Also Read: Ethereum Price Prediction 2023, 2024, 2025: This Is How ETH Price Could Perform In 2023!

The second coin on the list is EOS (EOS), which Austin refers to as the Ethereum killer. EOS is set to launch an EVM (Ethereum Virtual Machine) on April 14, which will make it interoperable with Ethereum. Austin acknowledges that EOS is a layer one dApp platform that prioritizes dapp dapp On-Chain performance by offering faster transactions and lesser gas fees than Ethereum.

EOS is known for holding the largest-ever initial coin offering (ICO), raising over $4 billion by selling 1 billion EOS over the course of a year-long ICO. Despite this achievement, the coin has not lived up to the expectations set by its creators, and the community has since fired its leadership. However, with new leadership and a commitment to rebuild, Austin believes that EOS may have the potential to become one of the top platforms in the future.

Fetch.ai (FET) is the third coin on Austins list. The AI-focused crypto protocol has raised $40 million from market maker and investment firm DWF Labs to deploy decentralized machine learning, autonomous agents, and network infrastructure on its platform.

Austin notes that the AI narrative is continuously growing strong in 2023, and Fetch.ais tools for developers to deploy and monetize applications could generate economic value thereby pushing its price up.

Also read: Bitcoin Price Likely to Follow Fetch.ai (FET) Footsteps and Rally to ATH?

PancakeSwap (CAKE) is the fourth coin that investors should watch out for in April. The decentralized exchange (DEX) is set to launch version three on April 8, which will supposedly improve user experience and add new features.

Austin pointed out that pancakeswap pancakeswap Decentralised Exchange is the only primarily Binance Smart Chain (BSC) ecosystem among the top five DEXs. He also noted that with major centralized exchanges that back Binance coming under fire regulatory-wise, it is time to look at DEXs like PancakeSwap.

Also Read: PancakeSwap Price Prediction 2023, 2024, 2025: Will CAKE Price Smash The $10 Mark This Year?

Elrond (EGLD), now known as Multiverse X, is the fifth and final coin on Austins list. The layer one platform has several events scheduled in April, including the X Money and Twist Pay becoming X Money on April 12 and the X Fabric blockchain module for individuals and brands going live on April 26.

The elrond elrond Blockchain Network community has grown to over 25,000 members, which is significant given the recent rebranding and a sign that the crypto will experience a major surge in the very near future.

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Value Locked in Defi Holds the Line at $50B, After Temporarily … – Bitcoin News

April 4, 2023 | Author: admin

The total value locked (TVL) in decentralized finance (defi) during the first week of April is about $50 billion, roughly the same as on March 1. The value locked dropped to $42 billion on March 12 but has since rebounded as protocols such as Lido Finance, Aave, and Justlend recorded double-digit monthly gains.

According to statistics, the value locked in defi on April 2, 2023, is $50.22 billion, up 0.91% in the past 24 hours. The protocol Lido Finance commands a TVL of around $10.94 billion as of Sunday. Lido dominates the $50 billion TVL with 21.77%, and the value locked in the protocol saw a 19.75% rise in March.

Makerdaos TVL is below Lidos at $7.7 billion as it rose 9.66% last month. Aaves TVL increased by 16.94% to the current $5.55 billion. Protocols following Lido, Makerdao, and Aave in TVL size include Curve, Uniswap, Convex Finance, JustLend, PancakeSwap, Coinbase Staked Ethereum, and Instadapp.

While Lido jumped over 19% last month, Coinbase Staked Ethereum rose by 22.29%, and Rocketpool, another Ethereum (ETH) liquid staking protocol, saw its TVL rise by 18.47%. Other notable risers in terms of TVL in defi protocols include Liquity, up 27.12% over the last 30 days, and Bwatch, which rose 25.78%.

Of the $50 billion TVL today, 58.6% of the value locked is housed on Ethereum. 10.69% is held on Tron, 10.15% is stored on the Binance Smart Chain (BSC), and 4.4% is kept on Arbitrum. Ethereums TVL is $29.39 billion, and Trons is currently $5.36 billion.

Ethereums and BSCs TVLs shrunk in March, but Trons rose 2.8% higher, and Arbitrums TVL swelled by 13.93%. Notable gainers in March include Mixin (+16.32%), Defichain (+14.84%), and Kava (+18.52%).

Optimisms TVL was reduced by 9.68% in March, and Fantoms slid 8.87% lower. Polygon and Avalanche also saw TVL reductions during the past 30 days. Ethereum has the most defi protocols with 720, while Tron only has 17. BSC has a total of 568 recorded, and Polygon has 399 defi protocols.

Defillama statistics show that Ethereum-based decentralized exchanges (dexs) have seen $4.54 trillion in cumulative volume. BSC has recorded $1.46 trillion, and Avalanche has seen $215.22 billion to date. Dex volume by chain is almost as high as it was in May 2022.

What do you think the future holds for the value locked in decentralized finance? Will we see continued growth, or could there be another dip in the near future? Share your thoughts in the comments below.

Jamie Redman is the News Lead at Bitcoin.com News and a financial tech journalist living in Florida. Redman has been an active member of the cryptocurrency community since 2011. He has a passion for Bitcoin, open-source code, and decentralized applications. Since September 2015, Redman has written more than 6,000 articles for Bitcoin.com News about the disruptive protocols emerging today.

Image Credits: Shutterstock, Pixabay, Wiki Commons

Disclaimer: This article is for informational purposes only. It is not a direct offer or solicitation of an offer to buy or sell, or a recommendation or endorsement of any products, services, or companies. Bitcoin.com does not provide investment, tax, legal, or accounting advice. Neither the company nor the author is responsible, directly or indirectly, for any damage or loss caused or alleged to be caused by or in connection with the use of or reliance on any content, goods or services mentioned in this article.

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Cronos (CRO), Polkadot (DOT) and TMS Network (TMSN) Go Head … – The Crypto Basic

April 4, 2023 | Author: admin

As the crypto market continues to mature, investors are looking for promising assets that could provide the best returns in 2023. This article will compare and contrast the investment potential of Cronos (CRO), Polkadot (DOT), and TMS Network (TMSN) to determine which one is likely to offer the highest returns in the upcoming year.

Crypto.coms Cronos (CRO) blockchain aims to expand and enhance the Decentralized Finance (DeFi) ecosystem. It is designed with Ethereum Virtual Machine (EVM) compatibility, providing a developer-friendly environment for building and deploying DeFi applications.

The Cronos (CRO) DeFi Wallet is a non-custodial wallet that allows users to manage their digital assets and access DeFi services on Cronos (CRO) and other supported blockchains. Users can stake Cronos (CRO) tokens and earn rewards, participate in yield farming, and access decentralized exchanges (DEXs) for trading tokens, all through the DeFi Wallet.

Cronos (CRO) enhances cross-chain interoperability, allowing for seamless integration with other major DeFi networks like Ethereum, Binance Smart Chain, and Polygon. This makes it easier for users to access a wide range of DeFi services and participate in a variety of DeFi activities across different networks.

Cronos (CRO) has gained traction thanks to its user-friendly approach, strong ecosystem, and focus on mainstream adoption. However, as with any blockchain project, it faces competition from other platforms. Therefore, investors should consider alternative platforms before investing in Cronos (CRO).

In the fast-moving world of cryptocurrencies, many platforms are trying to keep up with the competition by exploring various avenues. One such platform is Polkadot (DOT), which is taking a cautious approach to cryptocurrency markets.

Polkadot (DOT) offers exceptional extensibility by enabling a common set of validators to secure multiple blockchains. Polkadot (DOT) has a large market capitalization and is listed on all leading cryptocurrency exchanges and platforms. However, investors have been concerned about Polkadot (DOT)s price forecasts.

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As a peer-to-peer decentralized network, Polkadot (DOT) connects and is compatible with multiple blockchains, outperforming other networks in terms of utility through its parachains and auctions that strengthen the network. However, one disadvantage of buying Polkadot (DOT) is its high price, currently selling for $6 per token.

TMS Network (TMSN) is currently one of the most popular crypto tokens in the market, having impressed investors with its impressive performance during its presale, which raised $2.5 million.

TMS Network (TMSN) is set to change the crypto space with its innovative features, such as educational resources to help investors make better trades and a social trading feature that allows users to mirror successful trades made by veterans in the arena.

Investors looking to diversify their portfolio without the hassle of holding assets on multiple platforms can benefit from TMS Network (TMSN)s all-encompassing solution.

TMS Network (TMSN) provides access to multiple tradable asset classes, including cryptocurrencies, equities, FX, and CFDs, making it an ideal platform for those looking to expand their investment portfolio.

This increased appeal has made TMS Network (TMSN) a popular choice among investors. TMS Network (TMSN)s innovative solutions, diverse tradable asset classes, and the ability to earn from other traders activity make it a compelling choice for those looking to invest in the crypto space.

The article compares three cryptocurrencies that investors could consider in 2023. Cronos (CRO) provides a DeFi ecosystem with cross-chain interoperability, Polkadot (DOT) offers compatibility with multiple blockchains, and TMS Network (TMSN) provides educational resources, social trading, and access to diverse tradable asset classes in a community-friendly platform.

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