Author: CryptoCurrencyNews

KUALA LUMPUR, Malaysia, Oct. 4, 2024 /PRNewswire/ — EBSWARE, a leading financial technology firm is excited to announce the official launch of its innovative multi-asset online trading platform – EBSWARE xTrader. The platform offers traders and investors the ability to engage in a wide range of financial markets, including crypto currencies, Forex, and global equity.

As the demand for diversified investment portfolios grows, xTrader is designed to cater to both beginner and advanced traders who seek seamless access to multiple asset classes in one user-friendly interface.

Key Features of EBSWARE’s xTrader:

1. Multi-Asset Trading Capabilities: EBS xTrader supports a broad spectrum of tradable assets, including Crypto Currencies, Forex and Global Equity.
   
2. Advanced Security Measures: EBSWARE prioritizes the security of its users with cutting-edge encryption technology and multi-factor authentication to ensure that trading activities remain safe from cyber threats.
   
3. Real-Time Data and Analytics: Users benefit from real-time market data, advanced charting tools, and personalized analytics, allowing them to make informed trading decisions.
   
4. 24/7 Customer Support: The platform features around-the-clock support to assist traders with any questions or concerns, always ensuring a smooth trading experience.

xTrader comes at a time when global markets are becoming increasingly interconnected, and investors are seeking easy access to diverse markets and asset classes.

“The financial markets are evolving rapidly, and we want to offer our clients a sophisticated platform that meets the demands of today’s dynamic trading environment,” said William Douglas, CEO of EBSWARE. “With xTrader, users can now easily diversify their portfolios by trading Crypto Currencies, Forex, and Equity from a single account.”

EBSWARE leverages state-of-the-art technology to deliver a secure, efficient, and high-performing trading platform. The firm has invested heavily in cloud infrastructure to ensure the platform’s stability and speed, even during periods of high market volatility.

“Crypto Currencies are increasingly becoming an integral part of global finance,” said Thomas Lee, Chief Technology Officer of EBSWARE. “Our platform recognizes this trend and provides traders with the flexibility to access both traditional assets and cryptocurrencies, making it easier for them to navigate and capitalize on this evolving market.”

About EBSWARE

EBSWARE is a leading financial technology and service provider in Fintech industry. Specializes in building and growing Stock/FX brokerages and Cryptocurrency Exchanges.

For more information about EBSWARE and to sign up for the new trading platform, please visit trader.ebsware.com.

Media Contact:
Vivian Wong
1-680-888-3690
384211@email4pr.com 

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SOURCE EBSWARE Software Inc

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Integration of the BOB Stake SDK will allow Everstake to offer their retail and institutional users access to Bitcoin staking with just one click

LONDON, Oct. 3, 2024 /PRNewswire/ — BOB (“Build on Bitcoin“), a first-of-its-kind hybrid Layer-2 combining the best of both Bitcoin and Ethereum, announced that Everstake, a leading blockchain service provider focused on staking, is bringing the BOB Stake one-click Bitcoin staking solution to the Everstake platform. This collaboration will provide up to 900,000 retail and institutional users secure and simple access to Bitcoin staking. The integration will be rolled out gradually, starting with Bitcoin holders, offering a phased release for specific customer segments.

Founded in 2018 by a team of experienced blockchain engineers, Everstake has made its name as one of the most reliable validators on the Proof-of-Stake scene. This latest integration underscores Everstake’s commitment to building solutions that will enhance people’s interactions with Bitcoin, unlocking opportunities that were once beyond reach.

“Many of our long-standing customers, who have staked with us on a wide variety of POS chains, also hold significant BTC assets,” said Sergii Vasylchuk, CEO of Everstake. “With the integration of BOB Stake, we are excited to offer them an easy, one-click BTC staking solution—directly from the staking platform they know and trust. Our customers can confidently maximize the potential of their BTC with the same level of security and reliability they’ve come to expect.”

BOB Stake is a one-click Bitcoin staking portal and SDK that seamlessly connects Bitcoin stakers to leading liquid staking providers. By simplifying the on-ramping process, BOB Stake integrates the multi-billion-dollar Bitcoin market into its thriving DeFi ecosystem.

“Everstake is an incredibly well-regarded retail and institutional staking provider,” Alexei Zamyatin, co-founder of BOB, added. Their integration of the BOB Stake SDK opens up one-click BTC staking to a whole new audience group, dramatically increasing the potential BTC liquidity that could be deployed into the large number of premium LST and DeFi partners integrated into the BOB Stake ecosystem.”

This collaboration is particularly significant for institutional users, who have increasingly sought secure ways to better utilize their Bitcoin holdings. By integrating BOB Stake into Everstake’s platform, institutional investors can now easily stake their Bitcoin and access liquid staking functionalities, optimizing their assets while maintaining full security. The simplified process of one-click staking enables both retail and institutional users to engage in the growing DeFi ecosystem effortlessly.

The BOB Stake integration opens the door to a larger audience of BTC holders, enabling them to participate in DeFi with ease. The result is a potential influx of BTC liquidity into the DeFi market on BOB, expanding opportunities for users, BTC LST providers and DeFi protocols.

To learn more about Everstake, visit everstake.one. To learn more about the BOB ecosystem and BOB Stake, visit gobob.xyz, or follow BOB on X at @build_on_bob.

About BOB (“Build on Bitcoin“)

BOB (“Build on Bitcoin“) is a first-of-its-kind hybrid Layer-2 powered by Bitcoin and Ethereum. By combining the security, liquidity, userbase, and innovation of the two largest blockchain ecosystems, BOB closes the gap between Bitcoin as a vehicle for mass adoption and Ethereum as a hub for innovation. This is achieved through BOB’s rollup ecosystem that will use Bitcoin for security while enabling users to access all the on and off-ramps, dapps, stablecoins, NFTs, DeFi, etc. made possible by Ethereum‘s EVM. BOB is backed by Castle Island Ventures, Coinbase Ventures, Mechanism Capital, Bankless Ventures, and other high-profile VCs and is positioned to become the most secure and accessible Layer-2 for builders and users.

View original content:https://www.prnewswire.com/news-releases/bob-build-on-bitcoin-announces-integration-of-one-click-btc-staking-into-the-everstake-platform-302266190.html

SOURCE Build on Bitcoin

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MENLO PARK, Calif., Oct. 2, 2024 /PRNewswire/ — Cyber Grant Inc., a leading cybersecurity company, is thrilled to announce the appointment of Stephen Akridge as company CEO.

Ackridge is a co-founder of Solana, one of the fastest-growing blockchain ecosystems in the world. Solana is considered among the top five global cryptocurrencies, with market cap peaks that have hovered around 80bn USD.

“We’re excited to welcome an innovator like Stephen into the company,” said Valerio Pastore, CTO and cofounder of Cyber Grant. “His technological expertise and experience will be of enormous help as we scale our software solutions globally.“

Founded in 2022 in California by cybersecurity expert Valerio Pastore and entrepreneur Massimiliano Maggi, Cyber Grant Inc. develops intuitive, easy-to-use data protection software for a wide range of users, from individual content creators to large organizations. The two-man team has accumulated over two decades’ experience in IT, developing a range of cybersecurity software, including protection packages currently employed by the European Commission.

The company’s mission is to empower people’s digital presence and defend against cyber threats.

As CEO, Akridge will spearhead Cyber Grant’s global expansion and solution deployment as the company maneuvers to become a market leader in data protection. “Artificial Intelligence, cyber security and blockchain are key investment areas for companies aiming to stay competitive and innovate their services,” said Akridge. “Cyber Grant is transforming cybersecurity from a burden into a growth investment, providing access to cutting-edge technology for businesses of all sizes and across every sector.“

Cyber Grant has launched several B2C and B2B software solutions in the US market, including Filegrant, a user-friendly encryption tool that allows content creators of all kinds to protect and monetize their files. Filegrant ensures instant, secure payments, granting access to content only after payment is confirmed, simplifying direct sales to followers.

For companies and larger enterprises, Cyber Grant released Filegrant Enterprise, a comprehensive software solution for protecting and sharing digital documents that also allows businesses to sell files without a dedicated ecommerce platform. Featuring advanced encryption, secure viewing, instant access revocation and anti-screen capture technology, Filegrant Enterprise’s versatile file protection system even defends against advanced AI systems.

Remotegrant is an advanced endpoint defense system designed to protect business data, computers and networks. Easy to install and maintain, the software reinforces vulnerable terminals against external and internal threats, ensuring secure connections to remote desktops, applications, and files via internet and internal networks.

Cyber Grant Inc. 
Headquartered in Menlo Park, California, with operational offices in Europe, Cyber Grant Inc. excels in cybersecurity and digital rights protection. Founded by Valerio Pastore and Massimiliano Maggi, and led by CEO Stephen Akridge, the company develops high-performance, user-friendly, economically accessible software built to military-grade security standards. Cyber Grant’s mission is to enhance the digital presence of individuals, SMEs and large organizations, defending against cyber threats with advanced yet simple-to-use technology.

www.cybergrant.net

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SOURCE Cyber Grant Inc.

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The cryptocurrency market witnessed a significant downturn as Bitcoin’s price plunged below $50,000, marking a 28% decline within a week. This sharp decline has raised concerns among investors and analysts regarding the short-term stability of the digital currency market. The recent sell-off is attributed to a combination of factors, including regulatory pressures, market sentiment, and macroeconomic trends.

Regulatory scrutiny has been a major factor influencing Bitcoin’s recent price movement. Various governments around the world, including the United States and China, have been tightening regulations on cryptocurrency trading and mining activities. The increasing regulatory pressures have created an environment of uncertainty, prompting many investors to liquidate their holdings.

Market sentiment has also played a crucial role in Bitcoin’s price decline. The fear of missing out (FOMO) that drove prices to new highs earlier this year has now turned into fear, uncertainty, and doubt (FUD). As negative news and bearish predictions circulate, investor confidence has waned, leading to further sell-offs.

Macroeconomic factors cannot be ignored when analyzing Bitcoin’s recent price action. The global economic landscape is currently characterized by inflation concerns, changes in monetary policy, and fluctuating interest rates. These factors have had a ripple effect on various asset classes, including cryptocurrencies. Investors seeking safe-haven assets have been reallocating their portfolios, which has contributed to the downward pressure on Bitcoin.

Despite the recent downturn, some market analysts remain optimistic about Bitcoin’s long-term prospects. They argue that the current price correction is a healthy and necessary phase for the market’s maturation. According to these analysts, Bitcoin’s underlying technology and its potential as a store of value remain intact, and the market will eventually recover and reach new heights.

On the other hand, critics of Bitcoin argue that the digital currency is inherently volatile and lacks intrinsic value. They believe that the recent price crash is indicative of the speculative nature of the cryptocurrency market, which is prone to extreme price swings based on market sentiment alone.

As Bitcoin continues to navigate through these turbulent times, investors are advised to exercise caution and conduct thorough research before making any investment decisions. The cryptocurrency market is still in its nascent stage, and significant price volatility is to be expected. Diversification and a long-term investment strategy may help mitigate the risks associated with investing in digital currencies.

In conclusion, Bitcoin’s price falling below $50,000 has stirred the cryptocurrency market, highlighting the challenges and uncertainties that lie ahead. Regulatory pressures, market sentiment, and macroeconomic factors have all played a role in this recent downturn. While some remain optimistic about Bitcoin’s future, others caution against the inherent volatility of the digital currency market. Investors should stay informed and approach the market with a well-considered strategy.

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In a significant move for the cryptocurrency market, Bitwise Asset Management has filed for the first-ever XRP exchange-traded fund (ETF). This initiative aims to provide investors with a regulated way to gain exposure to XRP, a digital currency known for its role in cross-border payments. Bitwise’s filing is seen as part of a broader trend where traditional financial entities are increasingly venturing into the crypto space.

XRP, developed by Ripple Labs, has been a subject of much discussion due to its legal battles with the U.S. Securities and Exchange Commission (SEC). The SEC’s lawsuit against Ripple has centered on whether XRP should be classified as a security, a decision that could have significant implications for its trading and regulatory status. Despite these challenges, XRP remains one of the top cryptocurrencies by market capitalization, and Bitwise’s ETF proposal underscores the potential demand for such an asset.

The proposed Bitwise XRP Growth ETF is designed to track the performance of XRP and offer investors a simple way to include it in their portfolios. By creating a regulated investment vehicle, Bitwise intends to mitigate some of the risks associated with direct cryptocurrency investments. Additionally, the ETF structure would allow investors to gain XRP exposure through traditional brokerage accounts, simplifying the process for those unfamiliar with digital wallets and exchanges.

This filing comes amid a surge in interest for crypto-based ETFs, following the approval of several Bitcoin and Ethereum futures ETFs by the SEC. Bitwise, a firm known for its innovative approaches to crypto investing, has previously launched funds focused on Bitcoin and Ethereum, and the introduction of an XRP ETF would further diversify its offerings.

Industry experts suggest that the approval of an XRP ETF could have a positive impact on XRP prices, as it would likely lead to increased institutional investment. Moreover, it would signal a greater acceptance of cryptocurrencies within mainstream finance, potentially encouraging more companies to explore similar opportunities.

The process of gaining SEC approval for a crypto ETF is complex and involves demonstrating that the fund will not be subject to manipulation and can protect investors’ interests. Bitwise’s track record and expertise in the crypto sector may play a crucial role in navigating these regulatory hurdles.

If approved, the Bitwise XRP Growth ETF could pave the way for other digital asset ETFs, further integrating cryptocurrencies into the financial ecosystem. This move could also inspire other asset managers to consider similar products, thereby expanding the range of investment options available to both retail and institutional investors.

While the outcome of Bitwise’s application remains uncertain, its submission is a bold step forward in the ongoing evolution of the cryptocurrency market. As regulatory frameworks continue to develop, the potential for new financial products like the XRP ETF highlights the dynamic nature of this rapidly growing sector.

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