Cryptonaire Weekly Magazine Edition 201 by Cryptonaire Weekly Magazine

CONTENTS 05

WEEKLY CRYPTOCURRENCY MARKET ANALYSIS

CRYPTO TRADE OPPORTUNITIES

WELCOME THE FUTURE OF ARTS

ASIA BROADBAND INC. SETS SIGHTS ON EL SALVADOR FOLLOWING PLATINIUM CRYPTO ACADEMY RENEWAL

INVESTORS SEE LATEST CHINA BAN AS OPPORTUNITY TO SCOOP UP MORE CRYPTO

RADIOLOGEX: WILL IT BE THE BIGGEST STO IN 2021?

DEGETHAL: AN INNOVATIVE PROJECT IN THE CRYPTO MARKET

SECOND-LARGEST ETHEREUM MINING POOL TO SUSPEND ALL OPERATIONS

RICH DAD POOR DAD AUTHOR ISSUES STARK WARNING, TELLS INVESTORS TO GRAB BITCOIN AND ETHEREUM BEFORE ‘GIANT STOCK MARKET CRASH’

MARK CUBAN ADVOCATES FOR DEFI’S ROLE IN SHAPING THE FUTURE OF BANKING

BILLIONAIRE MIKE NOVOGRATZ SAYS BITCOIN MARKET IS 'IN GOOD SHAPE' — CHINA HAS 'LESS AND LESS' INFLUENCE OVER CRYPTO

BINANCE AND HUOBI BLOCK USERS FROM CREATING NEW ACCOUNTS IN CHINA AS CRYPTO BAN LOOMS

$2M+ IN BIDS ALREADY PLACED FOR THE FIRST DOLCE & GABBANA NFT COLLECTION

ETHEREUM DEVELOPER VIRGIL GRIFFITH PLEADS GUILTY TO CONSPIRACY CHARGE IN NORTH KOREA SANCTIONS CASE

2.1 MILLION SALVADORANS ACTIVELY USING CHIVO WALLET, EL SALVADOR’S PRESIDENT CLAIMS

GOOGLE, THE MOST POPULAR BITCOIN TREND INDICATOR, TURNS 23

SOUTH KOREA’S LARGEST CRYPTO EXCHANGE OPERATOR RAISES $85 MILLION AT AN $8.65 BILLION VALUATION

Cryptonaire Weekly | September 28th 2021

FACEBOOK IS SPENDING $50 MILLION TO BUILD METAVERSE—'RESPONSIBLY'

BONDEX IS CREATING A BLOCKCHAIN-DRIVEN NEXTGEN TALENT MANAGEMENT AND ACQUISITION PLATFORM

INSURACE.IO: AN INNOVATIVE DEFI PROTOCOL TO SECURE YOUR CRYPTO INVESTMENTS

SNOOP DOGG BUYS XCOPY ETHEREUM NFT FOR $3.9 MILLION

07 34

PRESS RELEASE

INSTITUTIONAL INVESTORS BOUGHT THE DIP AS CHINA FUD BROKE

ALIBABA TO STOP SELLING CRYPTO MINING MACHINES

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EDITORS LETTER Despite the slight downturn, the institutional adoption of Bitcoin continues to increase. Filings with the United States Securities and Exchange Commission show that four wealth management firms have bought shares in Grayscale’s Bitcoin Investment Trust. A survey of about 42,000 people in 27 countries by product comparison website Finder showed a high adoption rate in Asia. Among the countries polled, Vietnam had the highest adoption rate at 41%, while India and Indonesia had a 30% adoption rate.

OUR BLOG ARTICLES FOR THIS SPECIAL ISSUE INSURACE.IO: AN INNOVATIVE DEFI PROTOCOL TO SECURE YOUR CRYPTO INVESTMENTS DEGETHAL: AN INNOVATIVE PROJECT IN THE CRYPTO MARKET RADIOLOGEX: WILL IT BE THE BIGGEST STO IN 2021? BONDEX IS CREATING A BLOCKCHAIN-DRIVEN NEXT-GEN TALENT MANAGEMENT AND ACQUISITION PLATFORM The crypto markets sold off on September 24 on news that China’s central bank, the People’s Bank of China, warned of a harsher crackdown on services such as trading, order matching, token issuance and derivatives for virtual currencies. Although the ban was not new and has been in place since 2017, the prevailing negative sentiment could have led to the knee-jerk reaction to the downside. We had warned that Bitcoin could face selling near the 20-day exponential moving average (EMA) and that is what happened. The bulls tried to push the price above the 20-day EMA on September 24 and again on September 27 but failed. However, a minor positive is that bulls have successfully defended the 100-day simple moving average (SMA) for the past few days. This indicates accumulation at this support. Hence, this becomes an important level for the bears to break. If that happens, several stop losses may trigger and the bearish momentum could pick up. The BTC/GBP pair could then slide to the support line of the descending channel pattern. A break and close below the channel will indicate panic selling and that may pull the price down to £22,000. This bearish view will invalidate if bulls drive and sustain the price above the channel. The pair could then rise to £35,525 and later to £38,000. As the trend is down and a firm bottom is not in place, we are not proposing any trades.

Lastly please check out the advancement’s happening in the cryptocurrency world. Enjoy the issue!

Karnav Shah Co-Founder, CEO & Editor-in-Chief



Cryptonaire Weekly | September 28th 2021

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CRYPTONAIRE WEEKLY After mentoring thousands of crypto traders around the globe, we have culminated all of the consistent and ongoing requirements of crypto-traders into one place. Our Cryptonaire Weekly magazine includes expert technical analysis, providing trading opportunities to our subscribers as well as fundamental analysis so our readers can keep up to speed with the current developments in the crypto markets. Not only do we provide the information necessary to trade active cryptocurrencies on the exchanges, but we also take a look at ICOs to help you find those golden projects with real value! No longer will you have to rely on multiple sources to keep on top of the markets, we deliver everything directly to your inbox each and every week. What are you waiting for? Subscribe now!

Featuring in this weeks Edition: - bitcci

- Bondex

- Artex

- Radiologex

- Asia Broadband

- Omnia DeFi

- RMRK

- DeGeThal

- Insurace

- MELD

Also Get, - Markets Analysis - Market News Update - Read Our Latest Blog: INSURACE.IO: AN INNOVATIVE DEFI PROTOCOL TO SECURE YOUR CRYPTO INVESTMENTS RADIOLOGEX: WILL IT BE THE BIGGEST STO IN 2021? DEGETHAL: AN INNOVATIVE PROJECT IN THE CRYPTO MARKET BONDEX IS CREATING A BLOCKCHAIN-DRIVEN NEXT-GEN TALENT MANAGEMENT AND ACQUISITION PLATFORM

For Latest update

Cryptonaire Weekly | September 28th 2021

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WEEKLY CRYPTOCURRENCY MARKET ANALYSIS Hello, welcome to this week’s 201st edition of Cryptonaire Weekly Magazine. The global crypto market cap is $1.88 Trillion, up $10 billion since the last week. The total crypto market trading volume over the last 24 hours has decreased by 14.95% to $96.96 Billion. The DeFi volume is $16.71 Billion, 17.24% of the entire crypto market’s 24-hour trading volume. The volume of all stable coins is $78.55 Billion, 81.01% of the total crypto market’s 24-hour trading volume. Bitcoin’s price has increased 0.24% from $42,450 last week to around $42,550 and Ether’s price has decreased 1.11% from $2,975 last week to $2,942. Bitcoin's market cap is $801 Billion and the altcoin market cap is $1.07 Trillion.

Percentage of Total Market Capitalization (Dominance)

Bitcoin

42.55%

The crypto markets sold off on September 24 on Ethereum 18.44% news that China’s central bank, the People’s Bank of China, warned of a harsher crackdown on services Cardano 3.68% such as trading, order matching, token issuance and derivatives for virtual currencies. Although the ban was not new and has been in place since 2017, the 3.64% Tether prevailing negative sentiment could have led to the knee-jerk reaction to the downside. 3.03% Binance Coin China and Hong Kong have caused about 19 fear, uncertainty and doubt (FUD) situations in the past 12 2.32% years, according to Cointelegraph. However, every XRP time, crypto markets have rebounded sharply and have gone to make new highs. This shows that hostile 2.17% Solana steps by any government cannot stem the adoption and growth of cryptocurrencies. 1.66% Marion Laboure, Analyst at Deutsche Bank Research, USD Coin painted a bullish picture for Bitcoin in an article on the company’s website. Laboure said: “People have 1.47% Polkadot always sought assets that were not controlled by governments. Gold has had this role for centuries. 1.41% Dogecoin And yes, I could potentially see Bitcoin become the 21st-century digital gold.” However, she also warned that Bitcoin is likely to be “ultra-volatile in the 19.63% Others foreseeable future.” “Rich Dad Poor Dad” author Robert Kiyosaki believes the fundamental factors point to a stock market crash, hence he asked his Twitter followers to buy gold, silver, Bitcoin and Ether. However, not everyone is in favour of owning cryptocurrencies. In an interview with The Times of India, JPMorgan CEO Jamie Dimon said: “I don’t really care about Bitcoin. I think people waste too much time and breath on it. But it is going to be regulated. [...] And that will constrain it to some extent. But whether it eliminates it, I have no idea and I don’t personally care. I am not a buyer of Bitcoin. That does not mean it can’t go 10 times in price in the next five years.” Cryptonaire Weekly | September 28th 2021

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Cryptonaire Weekly | September 28th 2021

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CRYPTO TRADE OPPORTUNITIES BITCOIN - BTC/GBP

We had warned that Bitcoin could face selling near the 20-day exponential moving average (EMA) and that is what happened. The bulls tried to push the price above the 20-day EMA on September 24 and again on September 27 but failed. However, a minor positive is that bulls have successfully defended the 100-day simple moving average (SMA) for the past few days. This indicates accumulation at this support. Hence, this becomes an important level for the bears to break. If that happens, several stop losses may trigger and the bearish momentum could

pick up. The BTC/GBP pair could then slide to the support line of the descending channel pattern. A break and close below the channel will indicate panic selling and that may pull the price down to £22,000. This bearish view will invalidate if bulls drive and sustain the price above the channel. The pair could then rise to £35,525 and later to £38,000. As the trend is down and a firm bottom is not in place, we are not proposing any trades. Previous Analysis...

Cryptonaire Weekly | September 28th 2021

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ETHEREUM - ETH/GBP

Ether has been sandwiched between the 100-day SMA and the 20-day EMA for the past few days. This shows that bulls are buying on dips but demand dries up at higher levels and bears assert their dominance. The 20-day EMA is sloping down and the relative strength index (RSI) is in the negative territory indicating that the path of least resistance is to the downside.

close above the 20-day EMA will suggest that bulls have absorbed the selling by the bears. That could clear the path for a possible rally to £2,657. We would wait for the ETH/GBP pair to sustain above the 20-day EMA for three days before turning positive. Previous Analysis...

A break and close below the 100-day SMA could result in aggressive selling, which could pull the price down to £1,759 and then to £1,663. A deep fall could drive away the dip buyers and may delay the resumption of the up-move. Contrary to this assumption, a breakout and

Cryptonaire Weekly | September 28th 2021

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RIPPLE - XRP/GBP

XRP has been trading between the 100-day SMA and the 20-day EMA for the past few days. The failure of the bulls to push the price above the 20-day EMA suggests that sentiment remains negative and traders are selling on rallies. If the price does not rise above the 20-day EMA within the next few days, the possibility of a break below the 100-day SMA increases. If that happens, the XRP/GBP pair could extend its slide to psychological support at £0.50.

rent levels and breaks above the 20-day EMA, it will suggest that bulls have absorbed the selling. That could clear the path for a possible move to £0.83 A break above this resistance could push the pair to £1.0156. The bulls will have to clear this level to signal the resumption of the uptrend. Previous Analysis...

Alternatively, if the price rises from the cur-

Cryptonaire Weekly | September 28th 2021

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CARDANO - ADA/GBP

Cardano rose above the 20-day EMA on September 25 but the long wick on the day’s candlestick shows that bears aggressively sold at higher levels as we had projected in the previous analysis. The ADA/GBP pair has turned down and the bears will now try to sink the price to £1.50 followed by a retest of the critical support at £1.33. The downsloping 20-day EMA and the RSI in the negative territory indicate advantage to bears.

negative and may start a new downtrend that could pull the pair to £1.10. The bulls will have to push and sustain the price above the 20-day EMA to signal that they are back in the game. The positive momentum could pick up if the pair rises and sustains above £1.80. Previous Analysis...

A break and close below £1.33 will be a huge

Cryptonaire Weekly | September 28th 2021

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BINANCE - BNB/GBP

Binance Coin dropped to £238.30, just below our target of £240 projected in the previous analysis. The BNB/GBP pair has been trading below the 100-day SMA for the past three days, indicating a lack of demand even at these levels.

suggest the selling has dried up and the bulls will then try to push the price above £305.40. Previous Analysis...

The bulls attempted to push the price above the 100-day SMA on September 27 but failed. The downsloping 20-day EMA and the RSI below 37 suggest that bears are in control. If the pair breaks below £238.30, the selling could intensify further and the next stop could be the psychological level at £200. The first sign of strength will be a break and close above the 20-day EMA. That will

Cryptonaire Weekly | September 28th 2021

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Cryptonaire Weekly | September 28th 2021

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PRESS RELEASE

Art maintains its uniqueness for tens of thousands of years in terms of the values it represents. From primitive cave paintings, Masaccio’s perspective abbreviation, and Duchamp’s Urinal to today’s NFT madness, although the technique and approach of art have changed, its place and importance in human history are still the same. A constant feature of art is that it is expensive. In this sense, for thousands of years, art has been shaped and valued under the influence of a lucky few. With blockchain technology, democratization in art investment has become possible. Preserving and exhibiting works of art are very laborious and costly processes. For investors who want to invest securely in works of art, the options are pretty limited; auctions and art galleries. On the other hand, these institutions rightfully receive relatively high commissions in return for the services they provide. Auction houses usually get a commission of at least 12-25% per sale, while galleries can charge a commission of 6-10%. In the face of all this traditional and cumbersome structure, the art community needs a genuinely transparent and liquid market. The working model of Artex, which has been meticulously designed in line with the opinions of investors, artists, auctions, and galleries and within the framework of common interests, promises to provide the liquidity, security, transparency, and easy access that the industry needs by paving the way for democracy in art investments.

art whenever they want, in any amount they want, and efficiently manage their investments. Topnotch artworks insured in line with the transparent pricing of art experts from various countries and are tokenized on the blockchain against their insurance value. Thanks to the tokens whose supply is fixed with the smart contract technology used, everyone can make purchases and sales transactions in the quantities they want, both during the pre-sale process and from the works listed on the market. For example, we first insure a piece of art with a market value of $1 million in return for its value and convert it into cryptocurrencies so that the total supply remains constant. We list this cryptocurrency, which corresponds to the value of the artwork, on the Artex platform with its value equal to its crypto market value (in this example, 1 million total supply at $1 each), and we allow you to invest as much as your budget in an artwork you admire. Not everyone can own the Mona Lisa, but for many of us, owning a $100 Mona Lisa token is a unique experience. The digital currency of the Artex ecosystem is the Artex Token. Once our platform becomes fully functional, only Artex Token will be used for all financial transactions, such as trading of listed artifacts. Artex Token, whose total supply is limited to 100 million, and is currently listed on global exchanges such as Bitmart and Probit.

Artex is a new generation art investment platform where everyone can invest in first-class works of

Cryptonaire Weekly | September 28th 2021

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Also Artex has a NFT farming colobrated with NFTrade, which you can farm your Artex tokens and earn five unique Artex NFTs names MNLS, STAR, ADAM, VNS and SCRM. At the same time Artex has launched its first platform demo and can be viewed here.

Cryptonaire Weekly | September 28th 2021

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As Artex, we believe in a world where everyone, not just the lucky and privileged few, can invest in first-class works of art. Blockchain is the safest way to achieve this, and our vision is to provide products and services with great transparency to enable investing in artworks to become the new trend in the crypto world. The future of finance is a democratic distribution. The power is in everyone’s hands. Artex CEO, Mr. Samed Sakman speaks about the recent collaboration with Platinum Crypto Academy “We aim to introduce Artex, first and unique project in its field, to a much wider audience. In line with this goal, it is a privilege for us to work with Platinum Crypto Academy, which is principled, experienced and appeals to a wide audience.” Speaking about the Artex project, Karnav Shah, Editor in Chief at Cryptonaire Weekly said “Artex is the world’s first and only blockchain based art investment platform that can help anyone easily trade and manage their fine art investments anytime. It is an innovative project and I’m sure learning about Artex will be an enriching experience for both our analysts and readers. I am positive, we will be the first to share the new developments taking place with the Artex project and will present more on this project in our upcoming Cryptonaire Weekly Editions.” Artex.app | Twitter | Telegram | Medium | NFT Farm

Cryptonaire Weekly | September 28th 2021

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Following the launch of its innovative gold-backed crypto in March, leading US-based resource company, Asia Broadband, Inc. (OTC: AABB), is pleased to confirm that it has extended its partnership with Platinum Crypto Academy. This continuity further strengthens the brand’s commitment to the crypto industry as it sets sights on expanding into El Salvador. Focusing on the production, supply, and sale of precious metals to the Asian markets, US-based Asia Broadband, Inc. utilizes its expertise and experience to facilitate its innovative distribution process from its production in Mexico to its clients across Asia. In March 2021, the Company launched their AABB Gold (AABBG) token, backed by 100% physical gold mined from Latin America.

EXPANDING FOR THE FUTURE The extension of the partnership with Platinum Crypto Academy is just part of AABB’s continued expansion. The company recently announced it is establishing a significant presence in Central America, building demand for its AABB Gold token in El Salvador. To do this, the company has created a dedicated Spanish version of its AABB Wallet and token website and will be targeting several major Salvadorian retailers to engage in acceptance and processing agreements. It will also be offering substantial commission and discount incentives. El Salvador offers a unique opportunity for cryptocurrency thanks to the country recently adopting Bitcoin as its legal tender, creating a

Cryptonaire Weekly | September 28th 2021

crypto-focused economy that provides an unrivalled growth opportunity for AABB. Alongside the expansion into El Salvador, AABB is also preparing for the launch of its proprietary cryptocurrency exchange. This significant milestone marks an important step in the company’s growth, with the Exchange offering a host of functionality designed to maximize market penetration. The company will also be continuously developing the Exchange to implement various new modules designed for brokers, issuance of crypto-secured loans, credit and gift cards, and connection to retail chains.

THE UNIQUE BENEFITS OF AABB GOLD Gold has been used as a commodity for thousands of years, and still today central banks and governments across the globe use the resource to store value. The unique AABB Gold cryptocurrency is a hybrid solution that is backed 100% by physical gold, providing an asset that perfectly blends stability and accessibility. This means that as gold increases in price, AABB Gold tokens will increase too, making it the perfect choice for those looking for an investment opportunity or making purchase-related transactions. Speaking on the extension with Platinum Crypto Academy, Chris Torres, CEO of Asia Broadband, Inc., said, “We are really pleased to have confirmed a renewal with the Platinum Crypto Academy community. They have been a vital asset in helping us expand the reach and awareness of our AABB Gold tokens and Wallet, alongside helping to inform users about the many benefits that come from our

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gold-backed solution. 2021 has been an incredibly exciting time for AABB, and we are working hard to expand our offering even further over the coming months. From the move into El Salvador to our launch of the proprietary cryptocurrency exchange, we are working to strengthen our position in the crypto market and look ahead to the future.” Commenting on the potential of the Asia Broadband project, CEO of Platinum Crypto Academy Mr. Karnav Shah said “It is exciting for Platinum to again extend our exposure to a Project like Asia Broadband and we are certain that our readers and subscribers would be happy to read in more detail about Asia Broadband’s Expansion to El Salvador. We will be eagerly sharing more information about the project in the coming Cryptonaire weekly editions, do look forward to it!”

Cryptonaire Weekly | September 28th 2021

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Cryptonaire Weekly | September 28th 2021

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ADVANCEMENTS IN THE CRYPTOCURRENCY WORLD INSTITUTIONAL INVESTORS BOUGHT THE DIP AS CHINA FUD BROKE While institutional Bitcoin products have experienced outflows for 13 of the past 17 weeks, the sector has now seen three straight weeks of inflows. Institutional investors were buying the dip on the back of China’s latest FUD, with digital asset investment products generating $95 million worth of inflows last week. According to CoinShares’ Sept. 27 Digital Asset Fund Flows Weekly report, a surge in dip buying helped drive a sixth consecutive week of inflows for institutional crypto investment products broadly. The $95 million worth of inflows between Sept. 20 and Sept. 24 marks a 126% weekly inflows

Cryptonaire Weekly | September 28th 2021

increase. BTC and Ether investment products led the pack with $50.2 million and $28.9 million worth of inflows respectively. While BTC investment products have seen outflows in 13 of the past 17 weeks, positive sentiment towards the asset rose during September as inflows were recorded for the past three weeks. Inflows to Bitcoin products also increased by 234% week-over-week. Institutional appetites for altcoins appears to remain strong, with products tracking Solana (SOL), Cardano (ADA) and Polkadot (DOT) posting inflows of $3.9 million, $2.6 million and $2.4 million respectively. Multi-asset funds also saw inflows of $6.4 million this past week. Read more...

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Cryptonaire Weekly | September 28th 2021

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Decentralised Finance, DeFi, refers to financial systems that operate on blockchain tech as compared to traditional financial. The traditional financial industry seeks to protect investor investments by working with insurance, and this concept is now applicable in the crypto and blockchain industry, thus the birth of decentralised insurance platforms. Insurance offers a guarantee of compensation in the event of a loss or damage. The idea is to protect investments from any type of risk. The main advantage of decentralised insurance is its ability to protect deposits against loss. DeFi is considered secure, offering a solution to cases of hacking. Other than security, decentralised insurance is regarded as sufficient, exempts intermediaries, and in turn, eliminates middleman fees. In addition, investors can benefit from its transparency and it allows for the liquidation of crypto-backed assets. People are encouraged to go for decentralised insurance for the following reasons – To protect DeFi deposits – Protects crypto volatility and flash crash – Protects against the risk of theft – Protects funds from the risk of hacking from exchange platforms – Protection against attacks from crypto wallets The concept of crypto insurance is gaining popularity,

Cryptonaire Weekly | September 28th 2021

thus attracting more investments in the crypto sphere. As such, the market has multiple options for insurance that are specific to the DeFi ecosystem. With an increase in crypto investments, it is evident that more people will adopt the idea of decentralised insurance. The rise of decentralised insurance platforms is creating a fuss, and for good reason too. Among the frontrunners in the decentralised financial insurance projects is InsurAce.io. InsurAce.io serves as a decentralised insurance protocol that seeks to provide DeFi insurance services at more affordable rates and provides more sustainable investment returns. The platform is currently considered one of the best DeFi investments for individuals and institutions alike.

UNDERSTANDING THE INSURANCE PROTOCOL

NEW

DEFI

InsurAce.io, the first multi-chain insurance dApp, is currently a top decentralised insurance protocol that seeks to offer protection for crypto investments in the decentralised financial community. The platform offers a range of insurance products, not only to protect crypto investments but also to provide sustainable returns for investors. InsurAce’s key purpose is to deliver the most comprehensive and secured insurance and investment product. This DeFi insurance protocol is the first of its kind to offer cross-chain coverage. The decentralised finance ecosystem is rapidly expanding, and thus the realisation of more DeFi protocols that are built of differing public blockchains such as Polygon and Solana. InsurAce.io, encouraging cross-chain

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coverage, is providing coverage to non-Ethereum decentralised finance projects, thus covering a wider portion of crypto investments. In turn, this gesture will lead to working with the top DeFi projects to promote successful and efficient implementation of these projects. Early in the year 2021, InsurAce.io launched its MVP version of their product. InsurAce.io products are looking to address the ongoing challenges that other decentralised insurance platforms are facing. If you are looking for an insurance platform that will address concerns such as accessibility strains, capital inefficiency, as well as several underlying risks, then you will find a solution with InsurAce.io. This decentralised insurance platform seeks to ease accessibility to insurance services by fighting high premiums, eliminating KYC limitations, offering product diversity, and allowing for cross-chain coverage. The platform is also fighting the challenge of underlying risks that includes concentration risk, security of insurance protocol, claim assessment, as well as risk evaluation. You do not have to worry about capital inefficiency from concerns such as unsustainable investment return, limited diversification opportunities, or low reserve utilisation. These challenges have been pushing away investors from crypto investments, thus the lug in the blockchain and crypto investments. InsurAce. io addresses these challenges, allowing users on the platform to secure their crypto investments. The platform is diverse, working with outstanding investors and collaborators to ensure that all services and products are accessible. Some of the investors include DeFinance Capital, HashKey Group, HoubiDeFiLabs, LongHash and LuneX. InsurAce.io also has partnerships with the likes of Solana Foundation, Elrond, Anchor Protocol, Pendle Finance, and Mushroom Finance, among others. It is these links that push the products and services to reach out to the major target market. Early 2021 led to the issuance of $INSUR tokens, as well as the beginning of the genesis staking program. The platform has enhanced security due to the launch of the version 1.0. In addition, users will be able to acquire insurance covers for a selected list of DeFi protocols, thus being able to meet various risk needs of users. Over time, the platform will develop and polish the available products with the objective of providing a more user-friendly platform, while at the same time, ensuring that users encounter low and affordable premiums.

HOW DEFI INSURANCE WORKS DeFi insurance acts not only as a safety net for decentralised finance markets but also as an investment opportunity to secure some of the best

Cryptonaire Weekly | September 28th 2021

DeFi Investments. The objective behind blockchain projects and crypto insurance is to gather confidence for investors. Keep in mind that these insurance platforms are run by smart contracts and they are also governed by the larger community, a regulatory body of the specific country of operation. While initial decentralised insurance focused on a single network, more innovative projects have opened up cross-chain cover, which means that investors can secure more than one network. InsurAce.io stands out as one of the market leaders with innovative projects when it comes to cross-chain covers. Decentralised insurance platforms operate in a similar manner, despite the differing service offers. First, decentralised insurance covers require that members register for membership before they can purchase a cover. Initial decentralised insurance platforms require registration with the KYC process. However, this is not the case with InsurAce.io because users are not required to undergo the KYC process. The added advantage to this is that the platform can reach a wider target market. Users will then be able to purchase an insurance cover against a smart contract, as provided by a specific platform. The user will specify the amount as well as the duration they will need the cover for. Unlike traditional insurance financial covers that issue and underwrite policies from a multinational insurer, decentralised insurance is dependent on its community of users, who are responsible for dictating premiums as well as settling payouts. The main participants of decentralised insurance protocol are its underwriters. These underwriters provide capital for each individual protocol from which they take a share of premiums, commonly referred to as staking. Not only do they stake but they also claim assessors as well as govern token holders, who are responsible for voting on claims or any changes to the protocol. InsurAce.io implements a dynamic pricing model. Rather than basing the pricing and premiums on underwriters, the pricing model is based on capital mining. Capital mining determines prices depending on the real-time supply of the available capital, which helps determine capacity, as well as demand of insurance coverage. The added advantage of this system is that valid claims will always be paid out and that systematic risk is regulated to remain under control.

INSURACE.IO ADVANTAGES Decentralised insurance is gaining popularity in securing crypto investments. Just like in the traditional finance field, investors will invest more when they feel secure and know that their investment is in the right place. $INSUR holders are advantageous because they benefit from platform incentives on insurance, DEX, crypto lending, and

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upcoming protocols collaborating with InsurAce. io. The functionality of the platform is suitable for collaborations with some of the best DeFi investments to boost investment portfolio. This is the reason that decentralised insurance is drawing attention, especially for crypto insurance. Despite the existence of a number of decentralised insurances, InsurAce.io stands out in the industry for the following benefits. Cross-chain coverage: Other decentralised insurance platforms allow for users to take an insurance cover focusing on just one network. Currently, with cross-chain coverage, investors can secure more networks. InsurAce is the first insurance platform in the industry to allow for cross-chain coverage, so now, investors can look forward to securing the best of its offers. The platform also promises to offer more and better services to ensure that investors are guaranteed security on their investments without limiting on the available crypto networks. InsurAce.io will provide coverage to nonEthereum DeFi projects. In this, it will be possible to collaborate with some of the top DeFi projects. Affordability: The platform offers low and more affordable premiums, making it attractive for users from all walks of life. Users can save up to 60% on their insurance by using the InsurAce.io portfolio method of insurance. The available pricing models are designed to lower the cover cost. Affordable rates for insuring crypto investments will attract more investors, thus easing the insurance capabilities for more individuals. A good example is from the

Cryptonaire Weekly | September 28th 2021

collaboration of InsurAce.io and Anchor Protocol, which offers more returns to investors. Lack of Know Your Customer KYC process: This advantage makes it easy for users to access the platform due to a wallet-based accessibility. In turn, users have a flexible insurance protection policy. With no KYC, more individuals gain access to decentralised insurance while reducing the barriers of entry. This advantage will attract the wider target market in the crypto industry as InsurAce.io seeks to serve the mass market. With a wallet, participants can access the products and services on the platform via the dApp. Investment opportunities: InsurAce.io not only offers an insurance cover for crypto investments but it also offers investors an investment option to improve their investment portfolio. The platform token economy features SCR mining programs that allows participants to earn INSUR, which is the InsurAce.io Token. To achieve this, participants must stake into the liquidity pool using ETH, USDT, as well as other eligible tokens. In addition, clients can also gain returns in other ways, such as investing directly in DeFi protocols and staking to get $INSUR Token as a reward ,thus benefiting both the insured and the insurer.

HOW SECURE IS IT? Several DeFi applications are facing the fear of cyber security risks. It is due to cyber security risks that InsurAce.io is looking to provide a solution to in the crypto sphere. The platform features network security features that ensure top-notch security

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to investments. The concept behind insurance is to guarantee investors that their investment is secure. Also, top DeFi projects are embracing the concept of decentralised insurance to ensure secured investments. This said, the secure and highly-resilient protocol has adopted the best security practices, which include: Smart contract audits: In an effort to ensure a state-of-the-art security platform, the presence of a third party will carry out an independent audit of the smart contacts. The objective of such audits is to identify, detect, and eliminate any potential contract risks through code reviews and testing. All audit reports are released to the public, thus boosting individual confidence. Up-to-date security solutions: It is important to monitor the health status of the platform in question, thus the inclusion of security solutions that monitor the network. In addition, it will also monitor other processes such as on-chain activities, key details on the administration, as well as oracle dependencies. An effective security incident response process: Cyber security is a major concern for online platforms, and InsurAce.io is no different. Therefore, it is important to establish a clear process that will properly respond to cyber security incidents that will counter a breach of security. In such occurrences, InsurAce.io will respond by implementing the processes such as suspending or terminating the functions of smart contracts or add a pending transaction to suspicious transactions. On the other hand, the platform can revert or hold suspicious transactions and carry out a background trace to verify the transaction.

WHO SHOULD CONSIDER BUYING $INSUR? InsurAce.io will issue $INSUR as the governance and utility token, which will act as an incentive for the participants in the ecosystem. $INSUR serves as an ERC-20 token secured by the Ethereum blockchain. InsurAce.io have also deployed on both BSC and Polygon, bridging the INSUR token to both networks. The InsurAce.io platform will collaborate with insured top DeFi projects to build an ecosystem where $INSUR holders benefit from the platform. $INSUR holders will benefit from platform incentives on insurance, crypto lending, DEX, and upcoming protocols that are in collaboration with InsurAce.io. There are a number of scenarios in which the $INSUR token is usable. You can use the token as a mining incentive for capital provisions to the insurance pool in addition to investment products. The token is also

Cryptonaire Weekly | September 28th 2021

used in community governance. Another user scenario is that it acts as a representation of voting rights in community governance scenarios, including proposal voting and claims assessment. It is also applicable for other community and ecosystem incentives, thus playing a major role in rewarding participants. Under community governance, the platform will be introducing more use scenarios for $INSUR token. The $INSUR token is listed on both centralised and decentralised exchanges such as Huobi Global, Bitcoin.com, Uniswap (ETH), and PancakeSwap (BSC). The platform services are not restricted to $INSUR token holders only. All individuals with a wallet can use the platform services by connecting to the protocol. However, it is beneficial to buy the tokens because the benefits of the platform will majorly be accorded to token holders. There is no limitation to who should consider purchasing the token. It is open to individuals and institutions alike.

CONCLUSION Over time, more DeFi users are adopting the use of decentralised insurance as a hedge tool. Looking at the prevailing security hacks in the market, it is evident that more individuals are looking to protect their digital assets against smart contract risk and hacking. There is a clear trend that shows that individuals and institutions are paying great attention to risk management, considering that decentralised finance is also taking the market by storm. Currently, blockchain and cryptocurrency stand out as revolutionary technologies. Decentralised finance aims to shake up financial services through the adoption of blockchain tech, as well as digital asset ecosystems. InsurAce.io has identified the opportunity and provided services that not only provide investment opportunities for investors but has also secured crypto insurance. Investors have the ability to secure their investments, despite the ongoing concerns of hacks and losses. The idea is to protect customers’ funds and investments, while at the same time, providing higher APY. This protocol has quickly grown in the field of decentralised insurance while focusing on providing secure, reliable and robust DeFi insurance services. Insurance pool free capita is used for investment managed by the investment arm. InsurAce.io generates revenue from a combination of the investment returns and insurance covers. As a decentralised insurance protocol, participants can benefit from DeFi insurance services, accompanied by low premiums, as well as stable investment returns. With an enriched product line and zero premium features, SCR mining and sustainable return, InsurAce.io is seeking to redefine decentralised finance insurance by protecting users from security risks, with the added advantage of user-friendly, accessible products and capital efficiency.

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Snoop Dogg Buys XCOPY Ethereum Investors See Latest China Ban As NFT for $3.9 Million Opportunity To Scoop Up More Crypto Institutional investors are reportedly looking at China’s latest crypto ban as an opportunity to accumulate more digital assets at discounted prices. In their new weekly report, digital asset manager CoinShares says that Bitcoin (BTC) saw the largest inflows of institutional capital of any crypto on the market despite facing negative sentiment and pressure from China. Rapper Snoop Dogg has purchased a single NFT from artist XCOPY for nearly $3.9 million in Ethereum. Snoop recently announced that he’s been collecting NFTs under the pseudonym Cozomo de’ Medici. Since revealing himself as a notable pseudonymous NFT collector last week, rapper and entertainer Snoop Dogg hasn’t slowed down on high-value collecting. Just tonight, in fact, he spent nearly $4 million in ETH to acquire a single piece from the artist XCOPY. Using his NFT-collecting alias, Cozomo de Medici, Snoop purchased the animated Ethereum NFT “Some Asshole” by XCOPY for 1,300 ETH on the SuperRare marketplace. That’s just shy of $3.9 million worth of ETH. “Welcome ‘Some Asshole’ to the Medici villa. Let's hope he's polite at Nonna's Sunday dinner,” Cozomo tweeted soon after. “Honored to acquire XCOPY's 1st published character piece & #7 mint on SuperRare.”

“The continued inflows suggest the recent headwinds for digital assets, such as the widened China ban, were seen as buying opportunities for investors. Bitcoin saw the largest inflows of any investment product, totaling US$50m, although, it has experienced the brunt of negative investor sentiment over the last two quarters. Last week marks only the 4th week of inflows out of the last 17.” The People’s Bank of China (PBoC) released a memo on Friday announcing a blanket ban on Bitcoin and crypto transactions, saying that it facilitated a number of harmful things. “Recently, virtual currency trading hype activities have risen, disrupting the economic and financial order, breeding illegal and criminal activities such as gambling, illegal fundraising, fraud, pyramid schemes, and money laundering, and seriously endangering the safety of people’s property.”

XCOPY’s artwork has increasingly become a blue chip in the NFT artwork world. Just last week, an unidentified buyer spent 1,000 ETH ($2.92 million) on another XCOPY piece called “All Time High in the City,” per data from DappRadar. According to SuperRare, Snoop’s new XCOPY NFT was previously sold for just 100 ETH in March, back when that was worth about $181,000. Before that, it sold for 25 ETH (about $8,200) in September 2020. Read more...

Cryptonaire Weekly | September 28th 2021

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Cryptonaire Weekly | September 28th 2021

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Blockchain applications are gaining popularity in the healthcare industry and this could be one of the most important disruptions in the medical field. Exchanges are also adopting blockchain technology, and while many investors are familiar with ICOs, STOs are coming up strong. Security Token Offerings (STO) are designed to serve as an investment product. An STO provides the potential to deliver significant efficiencies as well as cost savings. The process involves the selling of digital tokens to the public from cryptocurrency exchanges, but to distinguish them from ICOs, security tokens represent actual securities tied to a company. STOs combine blockchain technology and the requirements of regulated security markets to support liquidity of assets and a wider availability of finance. Basically, STOs refer to the issuance of digital tokens in a blockchain environment in the form of regulated securities. Many crypto exchanges are adopting this concept as more companies introduce STOs. Over the years, STOs are taking the financial market by its horns, as more institutions embrace this type of investment. Catching up is the healthcare sector/industry, as we discover one of the world’s first examples of a tokenised preferred equity investment, backed by a revenue royalty stream from Radiologex. The R-DEE network offers diverse services to meet the needs of the healthcare industry. Below is a Radiologex review highlighting its operations, its STO, as well as why investors, not just in the crypto community, are eyeing to own a share. While STOs are becoming a game changer

Cryptonaire Weekly | September 28th 2021

in the market, Radiologex STO is bound to have a significant impact, especially in 2021. Why, you may ask? Keep reading our Radiologex review to grasp the operability and functionality of what possibly makes this STO the biggest STO in the year 2021.

UNDERSTANDING BLOCKCHAIN-BASED SOLUTION

RADIOLOGEX: HEALTHCARE

Radiologex refers to a one-in-all blockchain-enabled platform designed for meet the needs, wants, and specifications of the healthcare industry, which will include the financials, research, medical records, etc. Radiologex will deliver all the necessary objectives without compromising on integrity and the confidentiality of information on its platform. With an outstanding team in various fields (medical physicians, various varying healthcare providers, IT and software developers, and blockchain and DLT experts), Radiologex offers real-time productivity and information source. The healthcare sector over the years has adopted technology as more processes are digitised. As more healthcare procedures are being digitised, Radiologex Digital Encryption Environment (R-DEE Network) is the world’s healthcare first all-inclusive platform delivering on productivity and collaboration for not only professionals in the field but also companies affiliated to the industry. With an ongoing pandemic in the globe, it is crucial that contact is minimal and, as such, Radiologex has provided a solution applicable worldwide. In a press release, John Kiyo Smith, CEO of Radiologex, said:

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“The recent appearance of novel coronavirus, and the very real possibility of a pandemic, is illuminating the need for a one-stop instant communications platform dedicated for the healthcare industry that is also equipped with a full suite of relevant services and productivity-enhancing tools, allowing healthcare professionals to carry out various tasks in the most efficient manner when timing is critical. Yet in providing such services, Radiologex does not want to sacrifice security. Secure and safe transmission of information will always remain a top priority for Radiologex.” Powered by blockchain technology, Radiologex is the first ever medical interactive network allowing for free access on the web or on a smart device via its app. This means that all services are close to your palms at all times.

WHAT IS RADIOLOGEX STO? Radiologex STO refers to a security token offering sold by Radiologex Technologies LLC, which is a company based in the United States. As one of the top STOs currently in the market, it is important to note that it is still ongoing and therefore, investors have the opportunity to make initial investments. In addition, there are upcoming exchange listings, allowing more individuals to trade RDG tokens on secondary markets. It is due to this that individuals can participate globally. However, traditional startup investments may not gain access to a secondary market. The total fixed supply of this security token is 100 million. However, the first round will see a total of only 20 million security tokens sold. United States residents can make a minimum investment of $5,000, whereas the non-residents can make a minimum investment of $2,500. Considering that the first round of sales is underway, each security token comes with a face value of $1. This phase will see the sale of this top STO at a more affordable rate as compared to other rounds that the platform will release. Round 2 of this top STO will open in the fourth quarter of 2021, which will see the remaining tokens sold at a higher price per security token. While the face value of the RDG STO sale for Round 2 has not been communicated, investors can be sure that it will be more than $1. The Radiologex STO comes with various offers on the table for the first 500 investors. Investors can take advantage of the available bonuses from the platform. These bonuses are available in different tiers. – Tier 1 offers a 100% RDG bonus with an investment of 50,000 or more, paid in either USD or crypto.

Cryptonaire Weekly | September 28th 2021

– Tier 2 offers a 75% RDG bonus with an investment of between $25,000 and $49,999.99, which can also be paid in USD or crypto. – Tier 3 offers a 50% RDG bonus with an investment of between $15,000 and $24,999.99, with a similar payment criteria. – Tier 4 offers a 25% RDG bonus for investments worth $2,500 and above, but they are not able to reach the third tier limit. It gets better for investors because Tier 1 and 2 offers come with an additional 2021 MacBook. As a smart device with outstanding features, you can access the Radiologex platform with ease at any time, thus boosting convenience and efficiency when monitoring your investment. – For the first 100 referrals, they will be able to benefit from the referral bonus of up to 100%. The above offers and bonuses are designed to give investors their money’s worth.

WHAT MAKES RADIOLOGEX STO A SECURE INVESTMENT OPPORTUNITY? As one of the top STO tokens backed by Radiologex, it provides a secure investment policy that is bound to attract investor attention. While the market has adopted the concept behind STOs, Radiologex stands out to provide a secure STO, not just through its unmatched security but also through backing the investment to ensure investors’ investment is not lost. The STO is backed by a revenue royalty stream First, this investment is backed by a revenue royalty stream. This means that its returns are not purely based on a fiat currency or on the economy fluctuations. Keep in mind that each security token represents a tokenised digital security. Therefore, each token has a direct royalty claim on part of the Radiologex platform, not only for revenues but also on the platform proceeds that arise from potential monetisation of the business. Returns are therefore guaranteed for investors. Dividends payout Radiologex pays out dividends on a quarterly basis to all investors. All dividends are automatically dropped into an investor wallet or into their dashboard, making it easier and faster to access it. The on-time payout ensure a secure investment because your initial investment remains intact. In a financial year, dividends are paid out four times as compared to other investments, which pay out semi-annually or annually.

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Availability of bonuses Many investors tend to shy away from investing in companies, be it IPO, ICO, or STOs, because if the company goes down, so does their investment. With Radiologex, investors can receive bonuses that can cushion their investment. For example, some bonuses are as high as 100%, which means that their investment is already double. Investors can choose to sell part of their tokens to gain back part of the investment as they monitor the outstanding token value overtime. In this, bonuses are not just a marketing strategy to attract more investors but are a strategy to gain trust and secure an investment for investors. Bonuses provide investors with the ability to gain more from their investment.

WHY IS RADIOLOGEX UNIQUE? The healthcare industry and blockchain have merged efforts before now but in differing capabilities. The most recent merge has given birth to Radiologex, which is now a buzz across the globe and for good reason too. Radiologex has managed to encompass every healthcare need and provide the solution to it under a single platform. The co-founder, George Tyler, said: “The healthcare industry is highly vulnerable to security breaches and transactional bottlenecks, negatively affecting patient care, including critical care logistics, from start to finish. Radiologex solves for all of that in one easy-to-use platform, with safety and speed built in as the vanguard, and partnering with Trusona only serves to enhance these capabilities.” Radiologex stands out in the market for a number

Cryptonaire Weekly | September 28th 2021

of reasons, ranging from its security standards, all-in-one environment, as well as investment opportunities. If you are wondering why Radiologex is unique, this Radiologex review outlines its unique capabilities below. Global reach Unlike many medical platforms, Radiologex allows for a global reach for all members in its platform. Considering it is not restrained geographically, you can always access your medical records as well as receive healthcare wherever you are without compromising on quality. Global reach is crucial, especially in times of a global pandemic such as with the coronavirus, making it a one-stop software ecosystem specific to the healthcare industry. All you need is a web portal and a smart device to enjoy the platform services. Free-to-use capacities/no need for intermediaries Radiologex comes with diverse features that users can gain access to at no extra cost. This affordability is a key reason as to why it is gaining popularity worldwide. In addition, the cost that comes with intermediaries is eliminated when using the platform, especially for professionals. State-of-the-art military security The aspect of doctor-patient confidentiality is important, not just in a hospital setting, but also on every medical platform. Radiologex adheres to this law and it is therefore protected by the highest level of security. The inclusion of Trusona Technology allows individuals and institutions to

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access a seamless yet ultra-secure access without the need to remember a username or password. Real-time productivity, collaboration and information source This feature comes as an added advantage because you will not need to search different platforms to obtain all relevant information. Real-time productivity enables individuals to make current decisions because they can obtain relevant and up-to-date information. Opportunity to invest While users can address their medical concerns on the Radiologex platform, it comes to an added advantage that they can also invest via the Radiologex STO. Not only can you invest, but it is important to note that it is one of a kind security token because it is backed by a revenue royalty stream.

HOW TO BUY RDG TOKENS The purchase of RDG tokens has been made possible for individuals as well as institutions. Before making an investment, members are required to register. The registration process helps to create an account for Radiologex. This process is made possible via Securitize ID. When registering, you are expected to provide a valid email address, a password, and finally accept the provided terms and conditions. In this, the process is simplified, while at the same time, secured to ensure your investments are safe. When providing an email address, the member should ensure it is a valid email. The password requested must meet the expected requirements, which must include a minimum of 1 lowercase, 1 uppercase, 1 number, and it must have a minimum of 8 characters. Also, the country of residence must

Cryptonaire Weekly | September 28th 2021

be specified, from which the platform will provide a list of the countries accepted by Securitize. Despite the restrictions on some countries such as Congo, Iraq, Liberia, Zimbabwe and South Sudan, users of the Radiologex platform in these blocked countries can contact the management. The management will notify the user when the RDG STO will be added to a secondary exchange that allows the specified regions. This means that the STO will be available to more of its users as they expand on the number of secondary exchanges available across the globe. Once a user creates an account, they can access their investments by logging into the account whenever they choose to buy more security tokens, sell, or simply monitor their investment. You can trade (buy & sell) on the authorised exchanges, which encompass the well-known cryptocurrency exchanges.

CONCLUSION Radiologex is not only offering the healthcare industry an all-in-one solution to the different fields in the industry, but it is also giving investors an opportunity to gain returns from its security tokens from buying its STO. The R-DEE network links both the platform and the investment capabilities to allow users to gain access to the best of healthcare. With a 100 million fixed security token supply in the market, investors can grab the opportunity and invest. The available bonuses are not only attractive but they help investors build a larger portfolio for their money’s worth. It is evident that Radiologex has possibly released the biggest STO in 2021. Not just for its ability to ensure returns for its investors, considering STOs provide a security as opposed to ICOs, but also because its dividends are automatically paid out quarterly. Radiologex STO is not just a hype and it is worth looking out for its progress as investors await Round 2 of the sales.

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South Korea’s Largest Crypto Exchange Operator Raises $85 Million at an $8.65 Billion Valuation

J Google, the most popular Bitcoin trend indicator, turns 23

ince the introduction of Bitcoin, Google has become an excellent popularity indicator for cryptocurrencies. Google, the leading indicator used to track the popularity of Bitcoin (BTC) and other cryptocurrencies, celebrated its 23rd anniversary on Monday. Founded by Larry Page and Sergey Brin when both were students at Stanford University, the search engine has spent the majority of its 23 years of existence being one of the primary entry points to the internet. Following the inception of cryptocurrencies, Google has been the primary method to search for new coins, track market trends and learn how to buy crypto.

Since internet search statistics are an excellent way to track user behavior, Google Trends has become a reliable source for understanding user interest in a near realtime fashion. Traders use the tool, which analyzes the popularity of search queries in a specific period, to identify emerging patterns. Initial coin offerings, or ICOs, decentralized finance, or DeFi, and nonfungible tokens, or NFTs, all experienced a spike in Google Trends before taking the main stage in the crypto ecosystem. A quick search for Bitcoin shows that internet user interest almost overlaps with the price volatility of the largest cryptocurrency. A similar overlap can be seen in Dogecoin (DOGE) charts.

EUpbit accounts for more than 70% of the domestic market share and is currently seeing the most interest in Serum, Ethereum, XRP, Bitcoin, Cosmos, Tezos, Cardano, and Polkadot.

exchange Upbit has become a “decacorn” by getting a valuation of almost $10 billion, now joining the ranks of e-commerce giant Coupang and leisure reservation app Yanolja.

As per the SBI official statement, the acquisition will contribute to the company’s mission of offering better crypto-related services.

Dunamu has raised around 100 billion won (about $85 million USD) from investors, reported the Korea Times citing investment banking industry sources.

Dunamu, the operator of South Korea’s leading cryptocurrency

Altos Ventures, Hana Financial investment, and Saehan Venture

Capital are the investors in the company. With this latest funding round, Dunamu’s valuation rose to about 10.2 trillion won ($8.65 billion), from 6.7 trillion won in April and before that $1.5 trillion won in February this year. According to market watchers, Dunamu can have a valuation of as high as 30 trillion won ($25.4 billion) if it goes public in the near future.

Cryptonaire Weekly | September 28th 2021

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Cryptonaire Weekly | September 28th 2021

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Facebook Is Spending $50 Million to Build Metaverse— 'Responsibly'

Alibaba to Stop Selling Crypto Mining Machines

-commerce giant Alibaba announced Monday it will stop selling specialized mining equipment on its platforms on Oct. 8. Alibaba said its decision was in response to the latest People’s Bank of China policy circular on crypto trading as well as a 2017 circular. The notice, signed by some of China’s top financial regulators and published on Friday, banned all crypto tradingrelated activities in the country. But the company said it is also taking into account the “instability of laws and regulations” on crypto around the world. Alibaba will shut down two categories: “Blockchain Miner Accessories” and “Blockchain Miners.” The e-commerce giant

said that in addition to a ban on mining rigs and related accessories, it is is also pursuing a prohibition on the sale of cryptocurrencies such as “Bitcoin, Litecoin, BeaoCoin, QuarkCoin, and Ethereum.” Any merchants that list such products on its platforms after Oct. 15 will face penalties. Alibaba operates several platforms in China, including Taobao and used goods marketplace Xianyu. But it is also the group behind international online shopping platforms such as Aliexpress and Southeast Asia’s Lazada. China’s crackdown on crypto mining and trading started in May after a State Council statement, but it was mostly left up to provincial and city authorities, with no publicly available comprehensive policy plan.

Eyeing a metaversedriven future, the firm appears to be trying to get ahead of criticism with conscientious investment and partnerships. Facebook will spend $50 million over the next two years on metaverse-related initiatives and partnerships. The metaverse refers to shared online spaces that can be used for

Today, Facebook announced the XR Programs and Research Fund, a two-year initiative to fund both its own projects and external research as the firm explores the future of online social interactions. It’s a “starting point” for Facebook, per the announcement, as it attempts to co-create the future online metaverse.

social interactions, work, games, and more. Facebook co-founder and CEO Mark Zuckerberg said in June that the social media giant is on a path to become “a metaverse company.” Now the firm is putting its money where its mouth is, revealing plans to spend $50 million over the next two years to help bring the metaverse to life.

What is the metaverse? It’s a term that we hear often in the crypto industry, especially as decentralized projects attempt to create future online worlds and experiences free from the oversight and control of centralized entities—like Facebook, for example.

Cryptonaire Weekly | September 28th 2021

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Mark Cuban Advocates for DeFi’s Role in Shaping the Future of Banking

ark Cuban, the billionaire and cryptocurrency enthusiast has continued his campaign to supports cryptocurrencies in whatever way he can. As the Dallas Mavericks owner is wont to do, he once again propper up decentralized finance (DeFi) as a viable alternative to the traditional

global banking system, Convenience Wins Every Time Earlier this week, Cuban went on one of his usual social media monologues, where he touted the simplicity of DeFi over the complex and bureaucratic processes employed by the biggest banks. As Cuban explained, DeFi brings ease to financial pro-

Billionaire Mike Novogratz Says Bitcoin Market Is 'in Good Shape' — China Has 'Less and Less' Influence Over Crypto Cryptonaire Weekly | September 28th 2021

cesses like lending and borrowing. While the loan application process with a traditional bank might be tedious, anyone can get on a DeFi protocol and get a loan in minutes.

provide loans from the comfort of their homes and ear interest – whether through direct payouts or staking.

Another benefit that Cuban pointed out with DeFi is that anyone can play the role of an institution. People with enough capital can

The billionaire investor and CEO of Galaxy Digital, Mike Novogratz, says the bitcoin market is in good shape, noting that he sees “so much capital coming into the space.” He also commented on the dwindling influence China has over the crypto market.

China reiterating its anticrypto and anti-freedom stance. The second is the U.S. Federal Reserve “putting taper in motion,” and the third is the big overhead resistance level for bitcoin and ether. Novogratz noted that he believes BTC and ETH will consolidate.

Billionaire Investor Says the Market Is ‘in Good Shape’ — ‘I’m Not Nervous’ Galaxy Digital CEO Mike Novogratz commented on the crypto market and the latest news of China’s crackdown on cryptocurrencies Friday.

At the time of writing, the price of bitcoin stands at $43,695 and the price of ether stands at $3,090 based on data from Bitcoin. com Markets.

He explained that the crypto market was down for three reasons. The first is

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A lot is happening with the way human resources are organised and channeled today. The COVID-19 pandemic has shown how the majority of the tasks can be performed without having to physically visit a modern workplace. There has also been a significant increase in the number of professionals looking for only flexible working opportunities. Businesses relying on conventional HR solutions have been under pressure. As a result, they have to continually scout the latest solutions to stay relevant when new and innovative interventions are redefining the future of work. Bondex, a blockchainbased startup, is poised to create an advanced talent management and acquisition platform that helps both workers and business owners connect and stay competitive with the fast-changing HR-tech landscape. Bondex claims to be the “First decentralised peer-to-peer (P2P) professional network leveraging blockchain within a unified endto-end experience across key elements of sourcing and managing talent, including upskilling and payments implemented within a unique tokenised revenue-sharing model.”

AN OVERVIEW OF BONDEX Blockchain technology allows us to challenge conventional business processes. Bondex leverages blockchain technology. It also offers an ingenious DeFi protocol to create a modern solution for businesses and workers to connect for mutual growth. It goes beyond being a simple, traditional job portal by creating a fully decentralised ecosystem that uses blockchain technology at its core. Bondex identifies the trends in the current talent

Cryptonaire Weekly | September 28th 2021

acquisition and management industry. It capitalises on the “long-term transformational changes” that the COVID-19 pandemic has brought. As the future work is being redefined with new technologies and trends, the idea behind Bondex has been to create an innovative platform that caters to the growing needs of the working community, while ensuring that the requirements of hiring managers are fulfilled and met. The Bondex ecosystem is innovative as it creates a unique, decentralised “revenue-sharing business model by sharing more of the profits amongst the global talent pool and hiring companies.” Moreover, the platform is designed to meet the growing demands of the new-age workers. More and more workers and professionals now seek flexible job opportunities. Job sharing is now becoming common and talents are attracted towards businesses offering flexible work. The gig economy is also growing. As businesses are not able to align their HR operation with the changing demands, there has been a conspicuous gap, which explains why there are a lot of job openings but few takers. Bondex explains that “Companies are increasingly trying to bridge these skill gaps by pivoting to a nimble on-demand workforce model, and online platforms are becoming an essential tool for getting people back to work efficiently and at scale, many incumbent talent platforms are centralized, extract onerous value, and offer little upside to their platform participants beyond matching for specific projects.”

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This is where Bondex steps in with its decentralised, professional ecosystem to help businesses bridge the gap and make it easy for workers to find the opportunities they seek and deserve.

HOW BONDEX DEFINES THE FUTURE OF WORK Bondex believes in the idea that the changes we are witnessing in the HR and talent management industry are long-term, and if business want to survive, then they must address the needs of the market. Currently, many businesses have open job opportunities but find it not only difficult but also expensive to acquire new talents. The problem is that they rely on the same conventional talent acquisition tools and centralised online platforms. The Bondex idea of the “Future of Work” factors both the issues facing businesses acquiring new talents and the needs of workers and professionals. The new-age workers are looking for more flexible opportunities, and conventional job portals are not what they hit to find a new opportunity. Bondex carefully studies the trends, identifies the gaps, and creates a compelling case for a next-gen talent acquisition platform that would be unique and decentralised. It also claims to offer a better value proposition by identifying and eliminating the pertinent issue with conventional talent acquisition and management platforms.

BONDEX VS CONVENTIONAL SOLUTIONS Bondex is unique and a pioneer in creating a blockchain-based, performance-driven and effective talent management ecosystem. Let’s categorically see how Bondex is different from traditional platforms.

Cryptonaire Weekly | September 28th 2021

The orientation: Conventional solutions are not oriented to cater to the needs of the new-age workers who are shunning traditional 9 to 5 work opportunities and embracing those that offer flexible work opportunities. The changing longterm trends will soon render these conventional solutions ineffective and obsolete, as businesses are already finding it increasingly difficult to acquire new talents. The COVID-19 pandemic has not only accentuated but also solidified these changes, making it even more difficult for conventional platforms to offer real value. Bondex is oriented and designed to meet the requirements of both workers and businesses in this changing environment. Decentralisation: Bondex has created a decentralised talent acquisition and management platform. Unlike its centralised counterparts, it will attract more members to the community as it allows them to participate in the key decisions of the ecosystem, letting them grow as they want to. Moreover, businesses seeking new talents can connect with them in a better environment and save both time and money by eliminating the typical middlemen. Leveraging Blockchain: Bondex leverages the blockchain technology, which allows them to “better align incentives for long-term growth and value creation, and redefine the economic model of a professional network.” It means that Bondex will provide more value with less cost to employers. Advanced Solution: Bondex offers better and advanced solutions compared to conventional online talent marketplaces. It explains that “Most incumbent digital marketplace networks are centralised platforms, giving them an asymmetrical

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advantage. They act as fee brokers provisioning services but often lack the requisite resources to support talent throughout their professional life cycle, do not include users in a meaningful way in the growth of the platform and its community, and are often burdensome with their policies on user data access and fees.” UNDERSTANDING THE BONDEX ECOSYSTEM Bondex is a complete ecosystem with a suite of innovative products designed to cater to the various requirements of the stakeholders. It also features native Bondex (BNDX) tokens, which will be used to pay “incentives to users for network participation, referrals, content creation, work, vesting, etc.” The Bondex ecosystem has many stakeholders, who have different roles on the platform. These are: Individual talents: Individual talents will be able to build their profiles on the platform and seamlessly connect to a global network of employers to find tailored work opportunities. Connectors: They are the ones who help stakeholders connect to the network. In return for their services, Connectors earn regards in native BNDX tokens. Employers: Employers will be able to hire talents directly on the platform and consume “ancillary services”. Advertisers: Advertisers will be able to post ads on the network. Developers and Third Party Sellers: Developers will be able to offer innovative solutions by selling their products and services on the platform. Investors: Investors help the network with capital and, in return, they will be able to get exceptional returns. The Bondex ecosystem also comprises a range of Bondex products. The Bondex Origin Mobile App: The Bondex Origin Mobile App is the primary Bondex app that allows anyone above the age of 18 to sign up. It is a jumpstarter app for the Bondex network and early users can get exclusive benefits to earn rewards by joining the network and participating in a range of activities. Users can mine up to 50 million BNDX tokens on their mobile phones by logging in to the Bondex Origin Mobile App on eBay. Moreover, the app incentivises users with native BNDX tokens for verifying their LinkedIn account, uploading their resumes, and referring additional users. Bondex Network App: Another app to support the ecosystem is the Bondex Network App, which allows users to build professional profiles and resumes and businesses to post job opportunities. It also features in-app messaging. Bondex Talent Exchange: The Bondex ecosystem also features a dedicated Bondex talent exchange that

Cryptonaire Weekly | September 28th 2021

leverages advanced “AI and Machine Learning (ML)-based tools to automate and perform the labour-intensive tasks of sifting through job applicants.” WHAT’S BONDEX FINTECH ENABLED TALENT NETWORK? The Bondex Ecosystem is more than just a jobbased professional network. It allows users and stakeholders to tap into the world of DeFi and averages advanced blockchain-based Fintech tools. The tokenisation of the new-age talent acquisition platform also provides users with unique opportunities to earn exclusive rewards. Moreover, the use of advanced technology makes it more cost-effective. For example, Bondex uses Payment Rails. The Bondex white paper explains: “Payment rails are a cloud technology that enables businesses and individuals to send payments to counterparties globally, in any currency, and through all primary payment methods. This capability will be implemented through a powerful payment rail API, giving participants access to the global banking and payment networks.” The adoption of Fintech solutions makes the Bondex platform futuristic and its operations scalable. The tokenisation of the platform also provides users with unique benefits. Moreover, the Bondex Wallet allows users to get access to a global suite of 25+ third-party payment options and 135+ currencies. Also, it makes earning rewards seamless as all rewards get credited directly into users’ Bondex wallets. Explaining the Bondex Fintech Integration, the Bondex white paper reads: “Bondex Fintech supports Visa credit/debit card issuance, enabling users to spend directly from their Bondex wallet online, in-store, and cash withdrawals at VISA-supported ATMs worldwide.” The integrated Fintech options in the Bondex wallet will also provide low friction on and offramp into Bondex DeFi.

BONDEX ADVANTAGES Bondex is an advanced and next-generation talent management and acquisition platform with features of DeFi. It allows users to earn rewards by participating in the network. Moreover, Bondex offers multiple advantages with its core business process solutions for all stakeholders. 1. Easily Accessible: The Bondex Apps make the platform easily accessible and the unique reward system also incentivises users’ activities and interactions on the platform. Anyone above the age of 18 can sign up on the platform and become

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a part of its peer-to-peer professional talent acquisition network. 2. Access To Global Talent: Bondex through its talent exchange allows businesses and companies to search for talent directly on the platform. Most importantly, the talents are categorically classified, making it easier for them to connect with the most suitable professional for their particular business requirements. 3.Tokenisation: Tokenisation is an advantage, and by leveraging blockchain technology, Bondex is pioneering the blockchain-based talent acquisition industry. The benefit is that it allows the platform to easily incentivise user activities and it also cuts costs for stakeholders. 4.DeFi Integration: Integrating DeFi with the platform makes it lucrative for investors who are joining the platform to increase their crypto wealth. Within the Bondex ecosystem, users get to safely leverage their crypto assets to earn fixed rewards. The Bondex DeFi also offers a cross-chain compatible DeFi wallet app.

CONCLUSION Bondex is a next-gen talent acquisition and management solution. The platform is an outlier and the product line-up is well put to cater to offer a full-proof solution to stakeholders. What makes Bondex unique is its approach and the fact that it factors various trends and latest developments with “future of work” makes it competent and an attractive solution. Integration of Fintech tools and offering DeFi solutions from within adds a whole new dimension to the project. While it is still in its initial phases, the sorted roadmap demonstrates how organised the team is. Creating a real value-based solution with blockchain merits its recognition. There is no doubt that Bondex can be a preferred investment opportunity if one is looking for a solid, solution-driven platform with real utility.

Cryptonaire Weekly | September 28th 2021

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Binance and Huobi Block Users From Creating New Accounts in China As Crypto Ban Looms

igital asset exchange operators Binance and Huobi are reportedly blocking new user registration in response to China’s latest measures against the crypto space. Bloomberg reports that Binance and Huobi are still accepting new signups from Hong Kong, but are no longer allowing new registration for traders with mainland China-based mobile phone numbers. On September 24th, China banned all business activities related to the crypto industry including the trading of digital assets such as Bitcoin (BTC), Ethereum (ETH) and Tether (USDT).

person says that the firm does not have an exchange operation in China and is blocking Chinese IP addresses. “Binance takes its compliance obligations very seriously and is committed to following local regulator requirements wherever we operate.” Meanwhile, Huobi says it has ceased account registration for new users in China effective September 24th to comply with the nation’s laws and regulations. It is also terminating its service to current users.

Binance did not comment on halting registration for Chinese users, but a spokes-

Cryptonaire Weekly | September 28th 2021

$2M+ In Bids Already Placed For The First Dolce & Gabbana NFT Collection The parliament in Kyiv has passed legislation determining the rules for crypto-related operations in Ukraine. The law “On Virtual Assets” recognizes cryptocurrencies as intangible goods while denying them the status of legal tender. It also regulates the activities and obligations of crypto businesses. Ukraine Legalizes Crypto Activities, Defines Virtual Assets Ukraine’s Verkhovna Rada, the country’s parliament, has adopted the law “On Virtual Assets” on second and final reading. The legislation regulates operations with cryptocurrencies in the Ukrainian jurisdiction. Deputies passed the bill with a large majority of 276 votes out of 376 present MPs, with only six voting against the motion.

The long-awaited law will enter into force after lawmakers approve amendments to the country’s tax code pertaining to the taxation of cryptocurrency transactions. The Ukrainian legislature is yet to vote on these changes, Forklog noted in its report on the development. Provisions of the new law recognize virtual assets as intangible goods, which can be secured and unsecured. However, cryptocurrencies are not accepted as a legal means of payment in Ukraine and their exchange for other goods or services will not be allowed.

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Cryptonaire Weekly | September 28th 2021

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2.1 Million Salvadorans Actively Using Chivo Wallet, El Salvador’s President Claims

N Ethereum Developer Virgil Griffith Pleads Guilty to Conspiracy Charge in North Korea Sanctions Case

ayib Bukele, El Salvador president, has claimed that 2.1 million citizens are using the new governmentbacked Chivo cryptocurrency wallet. In a tweet, he implied the apparent success of Bitcoin in the country.

El Salvador recently adopted bitcoin as a legal tender on September 7, 2021, being the first country to do so.

president Nayib Bukele shared this update with his 2.9 million Twitter followers. He claimed that Chivo “now has more users than any bank in El Salvador” after just three weeks in operation. He also said that despite Chivo not being a bank, it already has more users than any bank in El Salvador and that it is only a matter of time before the wallet’s adoption surpasses all banks in El Salvador com-

irgil Griffith, the Ethereum developer charged with violating U.S. sanctions law, has pleaded guilty in an agreement with federal prosecutors.

On Saturday afternoon, in April that year.

bined.

He also agreed to a forfeiture clause, though details were not released at press time. A 2019 charging document calls for the forfeiture of any proceeds

Griffith pleaded guilty to

Griffith earned from giving

one charge of conspiracy

the presentation.

to violate the International Emergency Economic

While Griffith was origi-

Powers Act on Monday in

nally released on bail in

a New York courthouse.

2020, he is currently in jail

The plea deal could see

on allegations of trying to

him serve between 63

violate his bail conditions.

and 78 months in prison.

El Salvador’s Chivo Wallet

Griffith tried to access

He will be sentenced in

The state-issued wallet launched in early September as

his Coinbase holdings to

January 2022.

El Salvador officially recognized Bitcoin as legal tender.

pay his attorneys earlier

Chivo enables individuals and businesses to send and

this summer, which prosThe developer was arrest-

receive payments in Bitcoin (BTC) or dollars (USD) from

ecutors said violated the

ed in November 2019 after

anywhere in the world. Merchants must offer the ability

terms of his agreement.

to use both currencies. However, some merchants saying

they would rather lose sales than accept bitcoin pay-

giving a presentation on cryptocurrency and blockchain at a North Korean

ments.

cryptocurrency conference

Cryptonaire Weekly | September 28th 2021

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WWW.PLATINUMCRYPTOACADEMY.COM

Cryptonaire Weekly | September 28th 2021

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