Bitpie, a leading multi-blockchain wallet platform has entered into a promising partnership with Cred. The partnership aims to provide financial services to its users.

Bitpie Announces Partnership with Cred to Offer Financial Services
Let's explore together to provide safe and profitable financial services to our wallet users.👏👏@ihaveCred
https://t.co/aw0TJZNe6zhttps://t.co/zQYTGEfyLZ

— BitpieWallet (@BitpieWallet) April 13, 2020

The BitPie users will be able to accord their crypto assets and avail payments in the form of simple interest or have a choice to choose a daily compounded interest. The users can avail the advantage of Cred’s ultra-low minimum account requirement and further, the interest received will be paid in the form of stablecoin or cryptocurrency as per customer’s choice.

The COO of Bitpie, Wang Chao, stated, 

Bitpie has a large number of high-net-worth users, and Cred provides highly competitive products for all major crypto assets to meet their needs. We have full confidence in the prospect of this partnership.

Cred is a crypto-based lending and borrowing platform established in California. Cred has been serving customers across 190 countries. The Cred’s platform will be merged with the BitPie Wallet which will eventually offer BitPie wallet users to earn interest on crypto assets including Bitcoin and Ethereum.

On talking about the partnership the CEO and Co-Founder of Cred, Dan Schatt, stated,

We are thrilled to partner with BitPie, a highly popular cryptocurrency wallet whose wallet deposits for BTC and USDT rank among the largest in Asia.

The BitPie wallet customers who are holding assets $50,000 USD or more can plan a call with any of the one Cred’s Mandarin or English Speaking private client associate who will assist them in developing custom programs.

Crypto.com recently made a declaration that they have added Bitcoin Cash (BCH) to Crypto.com Soft Staking, which will enable Crypto.com Exchange users to enjoy 0.75% p.a. on BCH deposited on the Exchange.

$BCH is now on https://t.co/vCNztABJoG Soft Staking! Earn daily interest rate paid in #BCH on https://t.co/vCNztABJoG Exchange while waiting for the next market opportunity📈Earn up to 5% on idle funds in 14 coins. Details here: https://t.co/e6DUFqEgsG #CRO #BCH #BitcoinCash pic.twitter.com/pzWW3KoTyz

— Crypto.com (@cryptocom) April 7, 2020

By adding BCH, Crypto.com Soft Staking now supports 14 cryptocurrencies that include, EOS, XLM, ATOM, MCO, CRO, LINK, XTZ, and BCH. 

Crypto.com Soft Staking offers rewards on flexible terms and there is no commitment period necessary. The interest is paid regularly in the respective cryptocurrency. Along with this, the funds that are placed as pending orders and CRO will be used to make a subscription for the events on the Syndicate are included.

The maximum balance to which the interest is applied is calculated on the basis of CRO staking levels of the users:

To earn rewards the users need to login to the Crypto.com Exchange and click on the “Stake and Earn” tab. The users then have to go to the Soft Staking menu, where they will be able to activate interest on payments. 

Crypto.com was established in 2016 with the primary aim to provide the users with the facility to control their money, data and identity. They have 1 million users as of now, the platform provides a strong alternative to traditional financial services. Turning it into crypto wallets for one customer at a time. The Crypto.com is built with a primary aim to enhance customer security and privacy. Crypto.com is the only company in the world to have CCSS Level 3, ISO27001:2013 and PCI: DSS 3.2.1, Level 1 compliance.

Moonstake Pte Ltd. is collaborating with Ontology, which is a high-performance public blockchain and distributed collaboration platform headquartered in Singapore. 

We are pleased to announce our recent strategic partnership🤝 with Moonstake.@BINARYSTAR_Co
With this collaboration, more Japanese stakers will be attracted to delegate their $ONT to Moonstake platform and create a more prosperous ecosystem together🥳.https://t.co/2Bijajyr5A

— Ontology (@OntologyNetwork) April 6, 2020

Moonstake primarily aims to develop a staking pool protocol to fulfill the increasing demands in the regional and global blockchain markets. Moonstake develops a staking pool protocol and delivers business services via partners and companies. Staking is preferred to promote blockchain technology and work for decentralization. 

The Chief Strategic Officer of Moonstake, Chia Hock Lai, stated, 

Moonstake will start staking Ontology’s “ONT” coin inside its staking pool. Through this partnership, we will collaborate with Ontology in the technology infrastructure and public relations.

He further said that Binarystar, who has already partnered with Moonstake, will also be providing marketing support for this partnership and both the companies by organizing events and providing local community development. 

Moonstake aims to work with Ontology to prepare activities to work with the Asian investor community to encourage the community to direct staking activity and accelerate industry adoption of Proof of Stake.

The Co-Founder of Ontology stated, 

As Japan is one of the important countries for Ontology, we’ve set our local office here with the support of Binarystar — Japan’s biggest Blockchain Business Hub in Tokyo. It also formed a strategic partnership with GUMI to build the decentralized blockchain network from a combination of industry-specific modules, in addition to identity authentication, data exchange, and sharing. We believe with the collaboration of Moonstake, we will attract more local stakers to delegate their “ONT” to Moonstake platform and create a more prosperous ecosystem together.

On the lines of the partnership deal, the CEO of Binarystar Junya Yamamoto stated that the company is excited about this partnership where the skills and resources of the company are combined together to inculcate cooperation that would apparently now have been possible in the staking space. Binarystar offers advantages such as technical infrastructure expertise, geographic markets, marketing know-how and a pool of potential clients.

Binance Lending has announced the news about the entry of two new members to the list of supported assets on Flexible Deposits, i.e., Tron Foundation’s native token TRX and one of the most sorted virtual currencies, Litecoin (LTC). The news was announced in the Binance user community through an official post on Binance’s registered social media handle. It read:

#Binance Lending Adds @Tronfoundation $TRX and @litecoin $LTC to Flexible Depositshttps://t.co/Ul6CkwSkLA pic.twitter.com/L6wfEUBpc7

— Binance (@binance) April 2, 2020

The news was also confirmed by Justin Sun, the CEO of the Tron network. His post was a reflection of the team’s happiness on being added to the prestigious Binance community.

📢#TRX was added to the list of supported assets on Flexible Deposits of #Binance Lending, a value-added service to Binance users who hold idle digital assets🎊 https://t.co/akZUTaPJcS

— Justin Sun (@justinsuntron) April 3, 2020

As per the official announcement, the latest edition of the two virtual currencies, TRX and LTC, as the supported assets on the flexible deposits arm, will enrich the Binance customers holding idle digital assets as a value-added service. The details about the new supported assets are given below in the table. Have a look:

In its blog post, Binance Lending has conveyed that the platform shall adjust the interest rates and will precise the maximum individual limits on the flexible deposits in accordance with the market and risk factors concerning thereupon. The amounts attached to Binance Lending solutions shall not be opened to receive their corresponding staking rewards.

Lending serves as a financial product offered by Binance to its users through which they can lend and earn interest profits. The exchange users are allowed to lend their spare/idle crypto assets to Binance Margin and earn lucrative interests. Flexible Deposits work as a crypto savings account. The users need to subscribe to their assets to earn interest with a facility to redeem funds at any time of their choice. They get a chance to enjoy daily interest benefits and real-time funds credit.

In big achievement for BitTorrent, the usage of its products has scaled a new high. Additionally, the products of BitTorrent have also accomplished several landmarks as far as mass adoption is considered for Quarter 1 in 2020. Among the various achievements, BitTorrent products’ 30 percent usage rise is counted among the most noticeable jumps of the Tron Foundation family.

According to reports, BitTorrent or BTT usage recorded a surge of 6 million just in the last month, which is 30 percent higher from the earlier month. According to estimates, BitTorrent’s DAU is expected to be at 30 million in April. Window customers emerged as one of the most popular among all the BitTorrent implementations since the on-boarded 2.1 million users last month.

It is worth mentioning that DLive managed to distribute streaming platform that has showcased most stunning rise. Daily and total number of users doubled alike in the specified period, and these figures are likely to go higher in Quarter 2.

DLive offers chat, music, and live streaming covering games, among other types of daily life-related content. Now the platform seeks to emphasize video game streaming, and a large number of its users speak the English language.

DLive is scheduled to leverage BTFS to accomplish complete decentralization for the entire content available at its platform. BTFS is a distributed file sharing and storage system under BitTorrent.

Reports state DLive will enter into an alliance with BitTorrent to announce a blockchain-based live streaming and P2P content sharing applications for all the users.

BitTorrent Speed was launched by Tron in 2019 and has already gained massive popularity. Ever since TRON has acquired BitTorrent, it has introduced several products, namely BTFS, BitTorrent Speed, BLive, and Dlive.

TRON continues to ship BTFS Daemons to BT Windows and BT classic clients since 2019. Presently, all BT classic new installs are associated with BTFS that led to more than 68000 new opt-in users from TRON and more than 3500 active nodes.

It is expected that the coming days will be full of accomplishments for BitTorrent.

San Francisco-based leading crypto-focused payment settlement network, Metal Pay, has announced the news about the addition of one of the world’s most trusted stablecoin, Binance USD (BUSD), in its innovative marketspace. The popular stablecoin shines as a highly regulated, secured, transparent, and a popular digital currency pegged by the native currency of the United States. The strategically important news was circulated in the crypto domain through a tweet by the team of Metal Pay on their official Twitter handle. The post read:

We’re excited to announce that Binance USD (BUSD) is now added to our Marketplace.

Metal Pay Android and iOS users can now buy and sell this popular stablecoin designed to improve how cryptocurrency flows between exchanges.

Read more: https://t.co/jCpwlfww32

— Metal Pay (@metalpaysme) March 30, 2020

According to the official announcement, Metal Pay has allowed the purchase and sale of BUSD stablecoin for both, the Android users as well as the iOS users. A stablecoin is a currency that is pegged or supported by the value of a relatively stable fiat currency quite often by the US Dollar owing to its skyrocketing market value. As these coins do not have fluctuating values, they counter the prominent stability issue of cryptocurrencies and are considered to be a safe and secure investment. Stablecoins work in pairs, which speeds up the transactions in a significant manner.

Metal Pay has integrated BUSD into its marketplace to enrich its customers with a golden opportunity to move funds between Metal Pay and Binance speedily and in a robust mechanism. The investors are free to move funds on other exchanges and then return back to Metal Pay when trading is completed successfully.

Taking pride as a well-known payment interface platform, Metal Pay aids investors in sending money in cash or crypto to their friends and family members instantly via their phone numbers registered on the platform. The platform bestows its users with cryptocurrency rewards known as Pop for each eligible transaction processed on the network. On sending or receiving an eligible cash transaction, the users receive cryptocurrency rewards for up to 5% of the transaction value. This lucrative feature has made Metal Pay evolve as a popular payment settlement mechanism for a wide customer base across different parts of the world.

The Brrr token community, in association with the team of Set Protocol, has announced the highly anticipated launch of the Money Printer Go Brrr Set on its portal. The Tokenset is being branded with the ticker symbol of $BRRR and has been introduced as an ERC-20 Social Set.

According to the official blog post released by the participating teams, the launch of the first Ethereum-Bitcoin Tokenset has been undertaken with a core aim to cater to the requirements of the largest monetary and potential fiscal ecosystem ever introduced since time unknown. To attract more and more customers to the platform, the team has launched the BRRR Tokenset with an introductory 0% buy fee charges for all the new users of the Set platform.

The Set Protocol team has unveiled the new Tokensets under its advanced algorithm mechanism, Amrullah Deep Liquidity or ADL. The algorithm pedagogy is a team effort of some of the most experienced software techies’ who have put in their expertise in deep learning algorithm development that spans for a period of more than five years. “Quant models can generate outsized risk-adjusted returns. It uses math to place the right trades at the right time with the right size,” quoted the team during an interaction.

The investors are willing to invest in this Tokenset need to wrap their Ethereum and Bitcoin assets into the newly launched Set. For those who do not have Ethereum or Bitcoin, they can use other cryptocurrencies like DAI, USDC, or LINK in a simplified one-step mechanism. The ADL algorithm will aid the users to automatically re-balance between Ethereum or Bitcoin. Rebalance refers to the process of realigning the weights of tokens inside a Set to the Set’s target weights. The process involves supplying of undercollateralized component tokens to the Set and receiving over collateralized tokens in lieu. During the auction period, the funds are never in a locked state. As each Set holds the native token in its vault, holding the Set for a long period of time will not require the users to indulge in any additional processing steps.

The platform has launched a new feature named the Streaming and Performance Fee. It helps to in alignment of incentives with Set holders. The fee is paid to clear off the insurance premium that is offered to the users. The performance fee indicates the percentage of profits taken by the Set creator when the Set’s value crosses its high-water mark. On the other hand, the streaming fee charge serves as an annualized fee on the total market cap of the set that the Set creator may accrue at any time.

KuMEX, the leading derivatives division of globally acclaimed KuCoin crypto exchange, has announced the news about the launch of the USDT-Margined Bitcoin Perpetual Contract to enrich its global customer base with new operational capacities. The news was circulated in the crypto community by the exchange team through a tweet on its official Twitter handle. The post read:

The USDT-Margined Bitcoin Perpetual Contract is now available on KuMEX! Each contract is valued at 0.001 BTC and the maximum leverage offered is up to 100x.

Beginner’s guide ⬇️https://t.co/oQZbBX9u2Y

See the official announcement ⬇️https://t.co/kCDVqaW1BH pic.twitter.com/TSryZ1uXJz

— KuMEX (KuCoin Futures) (@KuMEX_Official) March 30, 2020

According to the latest official reports, each USDT-Margined Bitcoin Perpetual Contract will be valued at 0.001 BTC along with the maximum leverage bar offered up to 100x. The investors operating on KuMEX will be allowed to deposit and transfer the USDT directly to their contract account to kickstart their contract trading for the newly launched perpetual contract. The introduction of USDT perpetual contracts on KuMEX is succeeded by the exchange platform hitting the average daily trading volume of a whopping $100 million.

The KuCoin team stated that the exchange ended up onboarding USDT as the first stablecoin supported by the platform as it is ‘far more stable’ in comparison to USDC or PAX in terms of market capitalization, liquidity, and user recognition. Johnny Lyu, the CEO of KuCoin Global, affirmed that the USDT perpetual contracts would be “clearer and easier for new futures traders to make investment decisions using USDT.” He added that the contracts should play a significant role in reducing the risk of volatility, which is predominant in the case of non-pegged virtual currency tokens.

The past few months have seen overall growth in crypto derivatives trading, perpetual contracts trading, etc. in the marketspaces. Binance revealed a whopping increase in trading volumes concerning perpetual futures contracts for January 2020. The reports signified that the BTC/USDT perpetual contract evolved as the most popular futures contract in January with a record return of 30%.