Press Release
How Tycoon will Change the Way of Social Trading
We all love the romantic idea of copying a professional trader’s trades. However, the main issue with this concept is that it’s mostly being offered by market maker brokers that never have the client’s best interest at heart. Usually these brokers make a profit at the expense of their clients’ loss. In that case, how can you trade in peace knowing this? Impossible.
Tycoon is here to offer the real experience, crypto social and copy trading connected directly into the world’s leading cryptocurrency exchanges using real assets and all of it while giving you full control over your funds as they’ll stay exactly where they belong, in your account.
One of the most important points you need to know about Tycoon is that the business model is designed to properly have the client’s best interest as a number one priority; we can only make a profit if our traders are on the same path. This means you’ve finally found a real business partner, whether you’re a professional trader or a follower trying to copy a guru’s trading technique.
What is Tycoon?
Understanding the whole essence of Tycoon lies in its creation. On a summer evening in 2018, two best friends were talking about the problems clouding the crypto trading sector. They decided to come up with an idea that would change the lives of every trader forever. In that case, Tycoon came to life as the first true Copy Trading platform. The platform is the first fully autonomous, user-friendly, and trustworthy social crypto trading platform that uses real cryptocurrencies. It brings to you all the help you will need to bring out every potential in crypto investments.
This platform aims to bring a connection between professional traders and users’ aimed to profit from copy trading, also known as followers. Tycoon allows followers to leverage its CopyTrader functionality to copy other experienced traders’ portfolios fully-automatically. Moreover, Tycoon embeds the Tycoon Token, which is live on the Ethereum Mainnet, to act as the native medium of exchange on the platform next to BTC and ETH.
Why is Tycoon a Game Changer?
Most of the social trading platforms out there are offered by market maker brokers that never have the trader’s best interest at heart. However, Tycoon only works with real cryptocurrencies traded at the world’s leading exchanges such as Binance, so it’s safe to say that this is as real as it gets when it comes to social trading.
What would be the point of Copy Trading if you’re not doing it with the real asset itself? Many companies offer social trading services inside market maker brokers where the client’s best interest is never at first place.
Tycoon only makes a profit if traders make a profit, so this is one of the very few businesses that have the client’s best interest as a core principle.
The technology allows beginners to follow different traders at once, therefore fully diversifying their trading portfolios. They can learn from the existing traders, follow their strategies, and enjoy significant returns without actually trading themselves.
This new platform allows followers to copy the trades of any professional trader without sending away their investment out of their own accounts on their preferred exchange.
Amongst other innovative functionalities, Tycoon includes:
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Copy Investments Capabilities
The social crypto trading platform gives investors ‘followers’ ability to copy investment strategies fully-automatically. Beginner traders can start copy-trading without entrusting their wealth to untrustworthy parties, institutions, or individuals.
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Trader Ranking/Classification
Tycoon platform classifies traders using different attributes, including experience, assets used, etc. These classifications ease the process of searching for traders with specific characteristics. Traders need to consistently provide value to the community to be able to achieve higher ranks.
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Complete Confidentiality and Security
Many social networking platforms are clouded with severe insecurity and privacy issues. Most networks transparently display individuals private trading data, thus increasing phishing and hacking chances. However, Tycoon completely encrypts confidential information and secures user data in the highest possible way. Users have the option to operate freely and anonymously on the platform. Moreover, this platform encompasses additional security by implementing Two-Factor authentication, KYC and professional backend security.
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Maximum Traders Benefit with no Additional Efforts
Experienced traders enjoy profits based on their followership and the profits gained by the followers. Higher following and investments translate to higher profit-shares. Traders do not manage the followers’ assets at any time. They just trade as usual on their desired exchange. Tycoon does the job independently.
How Can You Become Part of Tycoon?
The Tycoon Tokens’ maximum supply is 140 million tokens. They plan to sell 60% of the leading token supply in private and public sales. The easiest way to enjoy the tycoon platform’s benefits is to buy a portion of the token, especially during the ongoing public sale.
Holders of the Tycoon Token will have early access to the platform during the launch.
The minimum tokens purchasable in the public crowd sale is 2000 tokens, each valued at 0.1 US dollars during the crowdsale. Right now Tycoon offers an immediate Bonus of 10% on every purchase in the shop.
The referral program gives a 15% token commission for every successful recommendation to both parties. Moreover, If a trader’s referral purchasing volume reaches $5000, the trader will earn a $500 worth bonus on top.
Apart from the value benefits, Tycoon users will enjoy being part of the Tycoon platform’s growth, ultimately translating to cryptocurrencies’ growth.
So, What’s coming next?
The official tycoon platform is about to launch in the second half of 2020; however, the platform will undergo a series of updates to ensure it hits the highest standards. Moreover, the platform plans to embed more prominent exchange partners to widen its reach.
Before the end of the first half of 2021, Tycoon is planning to launch a mobile app to natively integrate your notifications on your mobile. These future additions will lead to the growth and development of the entire platform. Now is the best time to invest in the medium to enjoy discounted prices and be the first to enjoy the new most secure investment app.
In a Nutshell
It is a new era where we wish to maximize the profits we make from cryptocurrencies. Tycoon is here to finally bring professional traders and new investors together on a beautiful and simple copy trading platform.
As the ultimate social trading platform, Tycoon offers professional traders to generate revenue from their audience by trading professionally and conscientiously with their funds.. Being the follower offers you an opportunity to diversify your assets while learning from the best. As the pro trader, you can be sure of rewards from others utilizing your skills and earning from them.
All you have to do is buy the Tycoon token from shop.tycoon.io today to join the great community. Furthermore, it will give you an earlier access to the site after the token sale to commence your trading.
Press Release
How Bitcoin’s price rise has increased the number of cryptocurrency payments
NOWPayments Announces Significant Gain in Crypto Payments
NOWPayments, a leading crypto payment gateway, is excited to announce the significaте Increase of Crypto Payments since the beginning of November.
Why Bitcoin took a new ATH in November?
Starting in January 2024, Bitcoin’s price was around $48,717, marking a period of cautious optimism following a tumultuous 2023. Throughout the first half of the year, Bitcoin experienced significant fluctuations as market dynamics shifted, driven by regulatory developments and increased institutional interest. By November 2024, Bitcoin had reached a pivotal moment, hitting an all-time high (ATH) of $75,000 on November 8 and then surging to $89,000 shortly thereafter.
This remarkable growth didn’t go unnoticed by the business world. Companies across various industries quickly recognized the massive business opportunity Bitcoin presented. The ATH sent a clear message: Bitcoin was no longer just a speculative asset but a powerful tool for transactions, store of value, and an entry point into the broader crypto economy.
Businesses’ interest in Bitcoin grew for several reasons:
- Increased Institutional Adoption: Major financial institutions rolled out Bitcoin-based services, providing legitimacy and opening doors for mainstream use.
- Global Payment Integration: Bitcoin’s borderless nature appealed to businesses seeking efficient, low-cost cross-border transactions, particularly as inflation and currency instability impacted traditional fiat systems.
- Hedge Against Inflation: As global economies faced ongoing inflationary pressures, Bitcoin became a preferred asset for protecting wealth, especially for businesses looking to diversify holdings.
Climbing to $75K
The journey to $75,000 began with a series of positive developments in the cryptocurrency market. Following the approval of Bitcoin Spot ETFs and increased institutional buying, Bitcoin’s price steadily climbed. On November 7, 2024, Bitcoin reached approximately $76,999 before closing at around $75,820. This surge was fueled by a bullish market sentiment as investors reacted positively to the election results and anticipated regulatory clarity under Trump’s administration.
Breaking Through $80K
Following its initial surge to $75K, Bitcoin quickly surpassed the $80,000 mark on November 10, 2024. The momentum continued as traders rushed to capitalize on the positive sentiment surrounding the cryptocurrency. By this point, BTC was trading at approximately $80,976, reflecting an increase of nearly 9.64% from the previous day.
Approaching a New BTC All Time High at $90K
As of November 12, 2024, Bitcoin’s price soared to around $89,000. This represents a staggering increase within just a few days following the election and highlights the cryptocurrency’s volatility and potential for rapid gains. The combination of strong demand from both retail and institutional investors has driven BTC prices higher as they anticipate further growth.
How has the new ATH for BTC led to an increase in crypto payments?
We decided to analyse how the rise in the price of the main cryptocurrency – BTC affected the number of payments. NOWPayments team took the number of payments before the U.S. election and compared it with the data after the Trump has won. The result exceeded all expectations. Thanks to the growth of BTC from $72,729.89 to $90,750.94, the number of payments increased by as much as 8%. This significant change indicates the increased interest in cryptocurrency and the correlation of BTC price and cryptocurrency usage.
- Correlation Between BTC Price and Crypto Payments:
The 8% increase in the number of payments demonstrates a clear correlation between Bitcoin’s price growth and the rising adoption of cryptocurrency for transactions. As BTC’s value surged, so did user engagement with crypto payments.
- Increased Interest in Cryptocurrency:
The significant rise in payments highlights growing public and business interest in cryptocurrencies as a viable payment method, especially during moments of market optimism fueled by events like the U.S. election.
- Market Events Drive Crypto Adoption:
The post-election Bitcoin rally, combined with its ATH, underscores how political and economic events can directly impact crypto adoption, encouraging more users to explore cryptocurrency as both an investment and a practical payment tool.
About NOWPayments
NOWPayments is a leading crypto payment gateway providing easy and secure payment solutions for businesses around the world. With support for over 300 cryptocurrencies and features like auto coin conversion, donation widgets, and e-commerce plugins, NOWPayments offers flexible and robust payment tools for businesses of all sizes.
Press Release
Mizzle Partners with InFlux Technologies to Power DePIN Platform with Decentralized Cloud Infrastructure and Advanced Computing Resources
- Partnership to provide decentralized computing resources, enhancing platform scalability, security and high availability for distributed services
InFlux Technologies (Flux), a leading global decentralized technology company specializing in cloud infrastructure, artificial intelligence, and decentralized cloud computing services, today announced a partnership with Mizzle, a pioneering decentralized physical infrastructure network (DePIN) platform.
Under the partnership agreement, Flux will provide decentralized computing resources including CPU, GPU, storage and network capacity as required by Mizzle for its platform operations. This includes support for distributed applications and services, ensuring high availability, scalability and security. The agreement also includes monitoring and management of Mizzle’s infrastructure to ensure optimal performance along with maintenance and upgrades of the infrastructure as needed. Mizzle will work toward an estimated spend of $500,000-plus per year post-launch, with an estimated launch of January 2025.
“This partnership represents a key step in our commitment to delivering decentralized computing solutions at scale. By supplying Mizzle with essential resources, we are ensuring the platform’s ability to maintain high availability, scalability, and security. This agreement highlights the growing demand for decentralized infrastructure and demonstrates its practical applications in supporting distributed services,” said InFlux Technologies CEO and Co-founder, Daniel Keller.
Mizzle is a hyper-efficient CI/CDwith no-code development operations which simplifies server management allowing teams to innovate and scale without operational hurdles. Its confidential computing experience carries unmatched security with TEEs, eBPF and decentralized cloud compute, keeping data and operations fully protected. Mizzle has advanced storage and benefits from decentralized cloud storage enhanced with zero knowledge proofs and fully homomorphic encryption. The company is quantum ready with edge computing, is IoT-ready and committed to green computing.
Flux ensures a minimum uptime of 99.99% of decentralized infrastructure services, barring any outages or maintenance windows and offers technical support to integrate and manage the compute resources. Flux offers data security and compliance and complies with all relevant data and security regulations, ensuring the infrastructure is designed to meet regulation standards.
“We are excited to partner with InFlux Technologies, taking a key step toward advancing decentralized cloud solutions. By combining Mizzle’s technology with Flux’s expertise, we will drive greater value for enterprises and governments worldwide. Together, we are shaping the future of decentralized applications and empowering innovation across the ecosystem.,” said Founder of Mizzle Arjun Mishra.
About Mizzle
Mizzle is a DePIN platform designed to empower developers with no-code DevOps. We enable atomic and horizontal scaling of compute and storage, ensuring unparalleled flexibility and performance. Our platform combines advanced AI-driven infrastructure management with trusted execution environments (TEEs), leveraging eBPF technology for real-time protection and monitoring. We also incorporate state-of-the-art cryptographic techniques, including Fully Homomorphic Encryption and Zero-Knowledge Proofs, to guarantee maximum data privacy and security. As we move into the quantum era, with a strong commitment to Green computing (ESG), Mizzle is your trusted partner for scalable, secure, and efficient decentralized infrastructure.
For more information, visit the company’s website at www.mizzle.io.
About InFlux Technologies
InFlux Technologies (Flux) is powering a decentralized Web3 cloud infrastructure composed of user-operated, scalable, and globally distributed computational nodes. Flux provides the critical, high-availability infrastructure for the New Internet. The Flux service offers a fully decentralized alternative to some of the world’s largest cloud infrastructure providers while offering competitive pricing. Flux is committed to developing disruptive solutions that empower individuals and businesses in the blockchain industry, emerging technologies like AI, and the broader technology space worldwide.
For more information, visit the company’s website at www.runonflux.com.
Press Release
Digital Assets Underinsured: Report Identifies $19 Billion Coverage Deficit, Less Than 3% Secured
A recent report, Furthering Digital Assets 2024: Pioneering Insurance Solutions for the Web3 Era, highlights a substantial coverage gap in digital asset insurance, revealing that only 3% of digital assets are currently insured. This gap leaves billions at risk, with an estimated $19 billion in losses from fraud and security breaches since 2011.
The report emphasizes significant incidents that illustrate the vulnerability in the sector. These include a $650 million breach at Ronin in March 2022 and a $614 million loss from PolyNetwork in August 2021. As investments in digital assets increase, so does the call for comprehensive risk management solutions, particularly from institutional stakeholders.
With more than 90% of crypto hedge funds expressing a desire for mandatory insurance on exchange-based assets and around 40% of institutional investors now holding cryptocurrency, the demand for tailored insurance products is clear. Further Ventures, the report’s creator, points to a growing interest from institutions seeking ways to protect their digital assets through robust insurance policies.
The report also sheds light on recent regulatory responses. The Hong Kong Monetary Authority (HKMA), for example, has set mandates for digital asset custodians, requiring 50% insurance coverage on cold storage and 100% on hot wallets. Despite these initiatives, high premiums remain a challenge, with average rates around 0.5%-5% for custody insurance and 5-10% for slashing events and Directors & Officers (D&O) policies.
According to the report, addressing the insurance gap in the digital assets industry will likely require innovation in policy structure, more accessible premium rates, and a regulatory environment that supports the development of effective, comprehensive solutions. As the sector evolves, insurance options may play a critical role in fostering institutional confidence and broader adoption of digital assets.
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