CBDC’s vormen geen bedreiging voor Bitcoin – hun succes kan ervan afhangen

Iets minder dan twee jaar geleden publiceerde het Internationaal Monetair Fonds (IMF) een onderzoeksdocument over de opkomst van digitaal geld. Een groot deel van de tekst ging over hoe centrale banken de potentiële risico’s van digitaal geld en met name stablecoins voor het bestaande systeem zouden kunnen beperken.

In die tijd leek het relevant dat Bitcoin in het document werd genoemd als overheidsgeld, maar de munt zelf kreeg niet al te veel aandacht en werd van weinig betekenis geacht.

Sindsdien is er veel veranderd. En toch blijft de discussie rond CBDC’s (Central Bank Digital Currencies) beperkt tot betalingsrails, de programmeerbaarheid van geld en de belofte van financiële inclusie, zonder dat uitgebreid wordt stilgestaan bij de vraag hoe het vertrouwen van het publiek daarbij een rol speelt.

Dit kan ertoe leiden dat sommigen denken dat CBDC’s Bitcoin overbodig kunnen maken. Maar als we onze aandacht verleggen van pragmatiek naar een gesprek over vertrouwen, eigendom en agency, wordt het duidelijk dat CBDC’s geen bedreiging vormen voor Bitcoin. Hun succes zou er zelfs van kunnen afhangen.

CBDC’s heroverwogen

Voor de meeste crypto-enthousiastelingen zijn CBDC’s antithetisch ten opzichte van Bitcoin. CBDC’s worden uitgegeven door een centrale bank op een toegestane blockchain, werken binnen een scheve machtsstructuur en bieden daarom waarschijnlijk niet een monetair beleid dat zo betrouwbaar en voorspelbaar is als Bitcoin doet.

In eigen land kunnen CBDC’s extra mogelijkheden bieden om gemeenschappen zonder bank te bereiken en als interface fungeren om stimuleringsbetalingen te doen, subsidies te verstrekken of andere voordelen te verdelen. De technologie kan ook worden gebruikt om gegevens te verzamelen, belastingen te heffen of sancties op te leggen.

Toen het vooruitzicht van CBDC’s echt oplaaide, rond dezelfde tijd dat Facebook zijn Libra-project voorstelde, zagen we CBDC’s bij AAX vooral in termen van een bekrachtiging van blockchain en als een mogelijke verbetering van de liquiditeitssporen tussen fiat en crypto. Nu denken we echter dat de dynamiek tussen Bitcoin en CBDC’s van een veel controversiëlere aard is, vooral in de nasleep van de pandemie en de onrust die daarop is gevolgd.

De aantrekkingskracht van Bitcoin

Het valt niet te ontkennen dat we tijdens de pandemie een groeiende kloof hebben gezien tussen overheden en hun burgers, van de commotie rond de Amerikaanse verkiezingen tot protesten in steden over de hele wereld. In de tussentijd is Bitcoin flink opgepakt als een hedge tegen inflatie – of eigenlijk als een beter alternatief voor fiat. Meer nog dan de prijs alleen, wijst Bitcoin op een groeiend collectief besef dat een digitale, gedecentraliseerde, wereldwijd toegankelijke opslagplaats van waarde, met een vaste schaarste, beter past bij de behoeften van de 21e eeuw dan sommige instrumenten die bij wijze van spreken uit het Stenen Tijdperk stammen.

Vanaf het begin is Bitcoin geworteld in een aantal kernprincipes rond privacy, eigendom, vertrouwen en financieel agentschap, en als zodanig heeft het de unieke mogelijkheid om speculanten te veranderen in trouwe HODLers.

Volgens een analist is het aantal gebruikers van Bitcoin met 150 miljoen op hetzelfde niveau als het internet in 1996, en met de snelheid waarmee het netwerk groeit, zou Bitcoin binnen vier jaar 1 miljard gebruikers kunnen bereiken.

Is er een toekomst voor CBDC’s?

Als er de komende jaren genoeg publiek en privaat kapitaal naar de Bitcoin stroomt, en het een munteenheid wordt die gebruikt wordt voor wereldwijde handel en verrekening, dan kunnen staten het moeilijk krijgen om een nieuw systeem of munteenheid aan hun burgers te verkopen, laat staan aan de internationale gemeenschap.

In een wereld die nu al omstreden is, zullen CBDC’s waarschijnlijk vast blijven zitten in een strijd om dominantie en aanleiding geven tot een monetaire versie van wat sommigen het Splinternet hebben genoemd – d.w.z. een gepolitiseerd multiversum van liquiditeits- en betalingssporen.

De echte strijd zal dus gaan om de harten en geesten van de mensen en om het herstel van het vertrouwen in door de overheid gedecreteerd geld. Sommige kleinere stads- of eilandstaten zouden Bitcoin kunnen adopteren als reservemunt en het gebruiken om een binnenlandse CBDC te ondersteunen. Dit kan worden gezien als een vorm van omgekeerde tokenization, waarbij digitale activa niet langer een economie vertegenwoordigen, maar zelf de basis van een economie gaan vormen.

Hoe dit alles uitpakt, zal in de praktijk moeten blijken. CBDC’s kunnen ongetwijfeld veel voordelen opleveren voor de samenleving. Noch de adoptie, noch het langdurige succes van CBDC’s kan echter als vanzelfsprekend worden beschouwd, vooral nu Bitcoin in opkomst is. Het is uiteindelijk een keuze van de mensen.

YouTuber Ali Spagnola vände av misstag 50 dollar i Bitcoin till 39 000 dollar

YouTuber Ali Spagnola förvandlade av misstag $ 50 BTC till $ 39 000.

Spagnola glömde bort en donation på 50 $ i bitcoin 2013 efter att ha blivit ombedd att skapa en BTC-tema målning

Den populära YouTube-konstnären Alicia „Ali“ Spagnola säger att hon blev „av misstag bitcoinrik“ efter att ha fått en BTC-donation 2013.

Enligt en ny video , först upptäckt av Bitcoin.com , berättade Spagnola för sina 325 000 prenumeranter att hon var ”bitcoinrik” från en $ 50 BTC-donation som gjordes 2013. Den populära YouTube-musikerna sa att hon fick BTC genom sitt Free Paintings- projekt för många år sedan. , efter att ha blivit ombedd att ge en akrylisk tolkning av bitcoin.

Hon delade ett utdrag av det ursprungliga e-postmeddelandet från 25 juni 2013, när en begärande övertygade henne om att acceptera bitcoin

Jag skulle vilja betala dig $ 50 (i bitcoins) för din tolkning av en bitcoin – en ny virtuell valuta som gör det superlätt att skicka / ta emot pengar över internet.

Efter det senaste tjurrallyet för bitcoin, sprang Spagnolas bortglömda BTC till mer än $ 39 000 dollar, vilket fick henne att besöka donatorn i Las Vegas och personligen leverera en större version av det ursprungliga porträttet.

YouTube-personligheten tillkännagav också ett „pay it forward“ -initiativ med sin lyckliga donation och sa att hon skulle skicka $ 50 i BTC till tio slumpmässiga kommentarer på videon.

Bitcoin (BTC) trading volume doubles as its price surpasses $ 40,000

The euphoria that has surrounded the cryptocurrency markets since December is palpable. The volume of Bitcoin exchange has thus doubled, while the largest cryptocurrency has authorized a breakthrough above 40,000 dollars …

Bitcoin trading volume (BTC) at the highest

The news was shared by Mati Greenspan, analyst and founder of Quantum Economics. He explains that Bitcoin’s trading volume now far exceeds that of Bitcoin ’s last great bull run (BTC):

“Bitcoin trading volumes on all exchanges have just doubled from their previous record highs. “

On Binance alone, the 24-hour volume exceeds $ 5.2 billion for Bitcoin , according to data from CoinGecko . The enthusiasm is therefore very present, even if a strong correction seems to be on the horizon, after these explosive few weeks. The quantity of Bitcoin Loophole sent to the exchanges is indeed also logically increasing, which could precede massive sales.

Bitcoin exceeds $ 40,000 before correcting

It must be said that the breakthrough of Bitcoin turned out to be particularly rapid. As of December 8, the largest cryptocurrency had yet to exceed $ 20,000. But a month later, she made a brief jump above $ 40,000 . This new record was set on some platforms at the end of the day yesterday. Immediately afterwards, however, the price of Bitcoin plummeted by almost 10%:

Around 8 am this morning, the price is holding above $ 38,000 . Bitcoin’s very rapid take-off, however, has some analysts fearing a sudden retracement. This is for example the opinion of Josh Rager , the founder of Blockroots, who estimates that the BTC could lose 50% of its value and fall back towards the 20 000 dollars, before progressing again.

The analysis is shared by Gavin Smith, CEO of Panxora Group, who told Reuters :

“The reality is that Bitcoin is far from being a magic money tree, nor is it immune to downward price movements. In reality, one can expect drops as high as 25% every now and then, as investors withdraw their profits. „

ATOM begynder at bevæge sig opad efter Bounce at Support

KORT OM

  • ATOM handler over supportområdet på $ 4,05 og følger muligvis en stigende supportlinje.
  • ATOM følger en faldende modstandslinje.
  • ATOM / BTC handler inden for sin all-time lave support på 18.000 satoshier.

Cosmos (ATOM) -prisen har bevæget sig opad, siden den hoppede på sin stigende supportlinje den 23. december.

ATOM skal bevæge sig opad i en hurtigere hastighed, når den bryder ud over den nuværende faldende modstandslinje.

Bounce over support

Det daglige diagram viser, at ATOM har fulgt en stigende supportlinje siden 27. juli og senest er hoppet fra den 23. december. Bounce validerede også $ 4,05-området som support, hvilket er 0,618 Fib retracement-niveauet for hele opadgående bevægelse .

Mens modstandsområdet er vanskeligt at bestemme på grund af adskillige øvre væger, findes det sandsynligvis ved $ 6,30, 0,5 Fib retracement af det seneste fald. Hvis det lykkes at bevæge sig over, ville det næste modstandsområde være $ 8,90.

Tekniske indikatorer på den daglige tidsramme er bullish, hvilket understøtter muligheden for, at ATOM når $ 6,30-området og muligvis bryder ud.

Derfor, så længe det handler over denne stigende supportlinje, skal det fortsætte med at stige mod de beskrevne modstandsniveauer.

Fremtidig bevægelse

Cryptocurrency-forhandler @CryptoMichNL tweetede et ATOM-diagram og sagde, at han mener, at det vil klare sig godt i 2021.

Han skitserede $ 9 og $ 12 som potentielle indtjeningsniveauer. Førstnævnte falder også sammen med modstandsniveauet, som vi skitserede i første afsnit.

Men for at gøre det skal ATOM først bryde ud af den nuværende faldende modstandslinje, som har været på plads siden $ 8,87-højderne den 25. august.

Når det er tilfældet, vil det sandsynligvis stige med en accelereret hastighed mod de tidligere nævnte modstandsniveauer.

Både MACD- og RSI-aflæsningerne understøtter denne mulighed.

Dobbelt bund til ATOM / BTC?

Diagrammet for ATOM / BTC viser, at prisen er vendt tilbage til de laveste niveauer siden august 2019 og næsten nået en laveste tid. ATOM handler i øjeblikket lige over det 18.000 satoshi-langsigtede supportområde, over det laveste niveau på 17.940 satoshier.

På trods af at der er vist oversolgte niveauer, har tekniske indikatorer ikke givet nogen bullish reverseringstegn.

Derfor, indtil ATOM / BTC hopper fra det nuværende supportområde og med succes genvinder 28.000 satoshi-modstandsområdet, kan vi ikke overveje tendensen bullish.

Konklusion

For at konkludere vil ATOM-prisen sandsynligvis bryde ud over den nuværende faldende modstandslinje og bevæge sig mod modstandsniveauer på $ 6,30 og muligvis $ 9.

På trods af handel i nærheden af ​​det laveste supportniveau, har ATOM / BTC endnu ikke vist nogen bullish reverseringstegn.

Bitcoin in bull mode: Upward trend shows no signs of slowing

  • Bitcoin has climbed higher and higher in recent days and weeks, with sellers completely unable to make up ground against bulls.
  • BTC has now moved above the $19,000 mark, which for a long time was a strong resistance that has triggered several volatile sell-offs.
  • Now that Bitcoin is firmly above this level, it could be well positioned to see a significant further increase in momentum in the near future.
  • One analyst notes that the absence of a break below key support levels during the uptrend suggests that further rallies are imminent.

Bitcoin and the crypto market as a whole are looking strong from day to day, with Bitcoin taking full control of the trend in the aggregated market, while analysts are predicting further short-term rallies.

The selling pressure that has been seen recently has been fully absorbed, with each bear trend only lasting for a short period of time.

This trend is common in bull runs and could indicate that a breach of the all-time highs of the crypto currency is imminent in the coming days and weeks.

One trader commented in a tweet that the absence of any support breaks indicates that there is no reason to suspect an impending downturn yet.

Bitcoin bulls heading for an all-time high

Bitcoin is currently traded for $19,020, so it is now only a few hundred dollars away from reaching new all-time highs. Even though there may be serious resistance at this price level, a break above it could trigger the pricing mode.

Where the market will go in the medium term depends largely on whether or not it can continue to hold above the important price level of $19,000 in the near future.

BTC defends important support levels

One trader comments that Bitcoin Circuit has not yet dropped below one of its key support levels during its several week long uptrend.

This means that there is a good chance that it will continue to push higher in the medium term.

„BTC-Update: Nothing has changed, we have not lost support yet. The recent consolidation in the last few days is now a pretty decent new rebound, a lot higher than the last one. Change gears as soon as one breaks down.“

As long as Bitcoin continues to hold above its main support levels, it is very likely to set new all-time highs in the near future.

Ethereum’s DeFi, at the right price – 1inch, the ideal gateway to test decentralized finance

The story of 1inch – Decentralized finance is often presented as a monetary Lego. Thus, some protocols have managed to take advantage of the interoperability of the Ethereum network. Among them, we find 1inch, the DEX aggregator which always allows to obtain the best rates on the market.

What is 1inch?

1inch is an aggregator protocol for decentralized exchanges . To put it simply, 1inch references many decentralized exchanges and other sources of liquidity. When a user wishes to make a trade, 1inch redirects him to the Bitcoin Machine with the best rate , while optimizing gas costs .

Where does 1inch come from?

Since the start of 2019 , decentralized exchange platforms have succeeded in conquering more and more users. Indeed, these have long been neglected by users because of their lack of practicality, their complex use and their disappointing results.

Thus, this growing adoption has mainly been driven by the emergence of numerous Automated Market Maker (AMM) type platforms . Unlike decentralized order book exchanges , AMMs offer new ways of trading cryptocurrency, via liquidity pools .

In practice, it is the proliferation of these platforms that gave the idea of ​​1inch to its founders Anton Bukov and Sergej Kunz . The project finally materialized during the ETHNewYork hackathon , which took place in May 2019 .

Subsequently, the craze around decentralized exchanges has continued to increase throughout 2020 . As a result, the 1inch protocol has also benefited from this wave of new users and has positioned itself as the number 1 aggregator .

Team, audits and funding

Initially, 1inch was a project led by its two co-founders, Anton Bukov and Sergej Kunz . Subsequently, our two associates were able to federate around them a team of developers, such as Petr Korolev, Mikhail Melnik and “Kirill” .

Since its creation, the 1inch protocol has been audited on numerous occasions, by companies such as Chainsulting or PepperSec . It is notably thanks to these audits that 1inch has been able to gain the trust of the DeFi community .

In August 2020 , the protocol led to a fundraiser of $ 2.8 million , in which big names such as Binance Labs participated. More recently, the platform again raised $ 12 million through a successful second round.

Chi Token and Mooniswap

The 1inch project does not stop at the eponymous protocol. Thus, in May 2020 , the protocol launched the “Chi” token which is part of the “gas tokens” family .

In practice, “gas tokens” are a way of tokenizing gas . This token allows users to buy gas when its price is low. The gas is thus “stored” in the form of the Chi token . The latter can then be used during a transaction at a time when the costs would be higher.

“GasToken is a more liquid form of gas because it can be purchased and stored at times when gas is cheap and released (spent / burned) when gas is expensive.”

PTO shaft: what is expected after the fork

The price of Bitcoin Cash (BCH) is currently in an area of uncertainty, between the so-called $300 resistance key and the $280 support.

In practice, BCH seems to be squeezed into a channel from which it has not seemed to move for a few days. In order to climb, it would have to break the $300 and then the $320 wall.

In fact, the trader explained:

„Bitcoin Cash has recently recovered from the Thanksgiving day crash. Last week’s Thursday losses could not recover on the support of the three moving averages: the 50 SMA, the 100 SMA and the 200 SMA on the 4-hour chart. Congestion of purchases at $250 saved the altcoin from further precipitation. The rebound from the crucial support recovered the position above $300 at the beginning of this week. However, BCH hit a wall at $320, not reaching the expected peak of November at $373. A correction came into play that pushed Bitcoin Cash down 13%.

Moving on to the analysis of another altcoin, it is interesting to understand what ADA will do since next week there will be the fork of the blockchain of Cardano.

Each fork usually brings uncertainty among traders and in fact it is expected that even ADA will not follow a fixed pattern, but will swing up and down for a few days around the date of the fork.

The analyst explained:

„Although I doubt that ADA will follow a pattern EXACTLY after Goguen, it makes sense that we will see similar swings up and down before the next hard fork. The next important upward resistance is at $0.20 and $0.15 below, plus a nice support that starts on January 1 and catches the return from the sale caused by COVID“.

Litecoin price analysis

Moving on to LTC, the crypto of the blockchain founded by Charlie Lee, it must be said that it has a different structure than the other cryptos and it is important to note that this crypto has already exceeded its all time high in this period, contrary to what they did Ethereum or Bitcoin, which have instead stopped below it.

Currently, however, LTC is in a triangle, so you will have to understand if it will exceed it and then the price will go up, or not. For this, as also in the case of BCH, the price is still uncertain and we will have to wait for further confirmation.

Ein neues Gesetz über das Online-Glücksspiel in Singapur wurde vorgelegt

Singapur-KarteNächsten Montag ist der Tag, an dem das Online-Glücksspiel in Singapur unter Strafe gestellt werden kann. Das so genannte Gesetz über Fernglücksspiele wird von den Behörden des Parlaments in der nächsten verfügbaren Sitzung erörtert. Falls es akzeptiert wird, werden die Spieler in Singapur ungeachtet ihres Aufenthaltsorts ernsthaften Einschränkungen ausgesetzt sein.

Das neue Gesetz sieht vor, dass singapurische Spieler Zahlungen an Online-Casinos verbieten und sogar den Zugang zu Online-Glücksspiel-Websites verweigern

Bei Bedarf werden auch die Kreditkarten der Kunden gesperrt. Alle anderen Formen des Spielens wie das Spielen über Smartphones, Tablets oder andere Geräte gelten ebenfalls als illegal.

Obwohl das neue Gesetz für alle singapurischen Spieler und Anbieter von Glücksspielaktivitäten gilt, gibt es einige Ausnahmen, unabhängig davon, ob sich der Betreiber im Land befindet oder nicht. Nach Angaben des Parlaments sind die Anbieter von LeoVegas Online-Glücksspielen, deren Ziel es ist, durch das Anbieten verschiedener Spiele Geld für wohltätige Zwecke oder für Veranstaltungen der örtlichen Gemeinden wichtig zu sammeln, von der Gesetzesvorlage für Fernglücksspiele nicht betroffen. Sie werden jedoch gebeten zu beweisen, dass sie noch nie zuvor gegen die lokalen Gesetze und Vorschriften für Online-Glücksspiele verstoßen haben.

Es gibt einen weiteren wichtigen Aspekt des Online-Glücksspielverbots in Singapur. Wenn das Gesetz verabschiedet wird, wird es die Popularisierung der Online-Glücksspielaktivitäten einschränken, indem jegliche Form von Werbung und Verkaufsförderung verboten wird.

Derzeit sind die Gesetze in Singapur sehr streng und bis zu einem gewissen Grad verständlich. Die Behörden wollen die Kunden vor unehrlichen Praktiken schützen. Es gibt jedoch eine andere Seite der Medaille. Heutzutage schreitet die Technologie mit einer enormen Geschwindigkeit voran.

Wir leben in der Ära des Internets, in der die Regeln und Vorschriften für Online-Glücksspiele in Singapur veraltet sind

Als das Innenministerium der MHA nach Einzelheiten zum Gesetzentwurf über Fernglücksspiele gefragt wurde, erklärte es, dass der Hauptgrund für den Vorschlag eines solchen Gesetzes darin bestehe, sein Ziel zu erreichen – den schutzbedürftigen Teil der Gesellschaft – nämlich die Jugendlichen – vor den Gefahren des Online-Glücksspiels zu schützen setzt sie aus. In der Presseerklärung heißt es auch, dass umfangreiche Untersuchungen zu den Online-Glücksspielgesetzen in Hongkong, Frankreich und Norwegen durchgeführt wurden. Darüber hinaus wurden anderthalb Monate Zeit für Konsultationen und Rückmeldungen eingeräumt, bevor der Gesetzentwurf für Fernglücksspiele vorgelegt wurde.

Gerald Singham, der Teil des National Council on Problem Gambling ist, unterstützt den Gesetzentwurf. Dies wurde aus seiner Bemerkung deutlich: „Mit der Einführung des Gesetzes über Fernglücksspiele versucht die Regierung, die Börsenspekulanten zu den autorisierten Betreibern zu bewegen. Auf diese Weise hoffen wir, durch diese befreiten autorisierten Betreiber soziale Schutzmaßnahmen einführen zu können. “

Angesichts der strengen singapurischen Gesetze ist die Wahrscheinlichkeit, das Gesetz über Fernglücksspiele zu verabschieden, ziemlich hoch.

The UNION protocol raises $ 3.9 million to reduce the risks inherent in DeFi

UNION, a decentralized finance protocol (DeFi) that develops risk management tools, has just raised $ 3.9 million. Still very young, the DeFi sector and more specifically its protocols, are often subject to security loopholes, which UNION seeks to fill.

UNION, the platform to secure DeFi

The funding round was led by Alameda Research , the company that operates the FTX exchange . Bering Waters Ventures, Spark Digital Capital, AAM, Solidity Ventures, 3 Commas, Cluster Capital, Rarestone Capital, Alpha Chain, Black Edge Capital also participated in this fundraising.

You will certainly not have missed it, the entire decentralized finance sector is not yet completely secure . Quite frequently, it happens that a protocol is attacked by hackers , or more subtly, that the code of its smart contract contains errors .

This is where Bitcoin Billionaire comes in, the platform offering risk management tools for DeFi applications .

For John Liu , product manager at UNION, the finding is clear. DeFi is still in a growth phase, and it would be hypocritical for anyone to claim that they „know all the risks“ of DeFi. He shares with The Block media :

„We see clear blocks of risks, and those that we have prioritized are the finality of the transaction (things end up where they should be), the risk of the smart contract (specific to the project or to the dApp), the risk of Layer 1 (entire protocol failure), permanent loss (specific to liquidity providers), collateralization risk (specific to lenders). „

UNION thus acts as the protector of the users of its protocols, by helping those who build DeFi applications to provide completely secure solutions.

A crucial element for the maturation of the sector

With these funds, UNION is able to deploy its first range of security products. This range includes, among other things, a guarantee of transaction gas , protection of collateralisation ratios and coverage of smart contracts .

In the near future, UNION plans to promote the creation of a common protection that considers multiple layers of DeFi, layer 1 with Ethereum (ETH) and layer 2 with Matic Network for example.

UNION also plans to create secondary markets and implement an inclusive model without KYC to remove barriers to accessing risk management tools.

“We believe that with these products buyers and developers can offload their risk, which is crucial for DeFi to mature,” Liu told The Block.

With the DeFi sector weighing nearly $ 13 billion at the time of this writing , many people are starting to take an interest in it. It is in this context that new protocols are being deployed at a breathtaking pace.

Some of these protocols come with security holes that can cause the loss of their users‘ funds. Safety is therefore unequivocally the most important component of a protocol , well ahead of the returns it can bring, and UNION could establish itself as a benchmark.

The French addicted to winning trading? This site has found the magic formula

A new record for Kryll – The French platform Kryll continues to assert itself as a heavyweight in community trading. It is today a new record that it has just established with the exceeding of the bar of 400 million dollars in volume. The reasons for its success are by no means trivial. Constantly evolving, it’s a rain of new features that will appear by the end of the year.

This promotional item is brought to you in collaboration with Kryll.

A successful crypto-trading offer

It is an innovative concept that is being followed. Kryll stood out from the competition by democratizing community trading . Thus, a daily plethora of trading strategies are offered to newcomers, allowing them to follow the expertise of seasoned traders.

The Kryll platform has experienced the strongest growth in its existence. Between the Covid-19 crisis and perpetual innovation, the success factors are multiple and reflect an increasingly important attraction of the French for trading.

Now publishers (those who propose strategies) have their own Telegram support channel to assist newcomers in their learning. To name but a few, Maya , Gekko , or even Gaia (click on their name if you want to join their Telegram channel) offer constantly evolving strategies that will open the doors to success for you.

An expected update

The platform has undergone several major transformations exposed in its version 1.10 . The Multi Launcher option has made its appearance, making it possible to launch several simultaneous trading strategies, comprising up to 9 different pairs.

With the Multi launcher option, adding a new pair of cryptos is done in one click

This update has also seen the addition of two new blocks to refine the strategies put in place: these blocks „Check peers“ and „GO TO“ .

The Check pair block is used to perform tests on the pair in use (am I on the “BTC-EUR” pair for example).

The GO TO block allows you to go directly to a block without having to draw a new arrow. Indeed, the more the strategies evolve, the more an optimal organization is necessary.

Example of a trading strategy on Kryll

This new update offers other major improvements:

increasing the scalability of the web infrastructure, to respond to the influx of new users;
the new possibility for publishers to communicate by mailing with their users (Keep members informed of a change in strategy for example).

Since this update, it is also possible to send KRL (native tokens of the Kryll platform) between users . This is ideal if you want to introduce a friend to the platform , by sending them some KRL.

Kryll dubbed by the giants of the sector

In other big news, the Kryll team has been selected by the famous crypto exchange Binance to discuss the subject of trading bots . You can still watch this webinar on YouTube by clicking here .

Faced with the success of decentralized finance (DeFi), Kryll also wanted to create an exchange pool via the decentralized exchange Uniswap , very fashionable at the moment.

This pool facilitates the decentralized acquisition of KRL tokens, anyone can now participate in the liquidity provision from this page . A full tutorial on using the pool should be available shortly.