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Knox World Pay – The Only Blockchain Solution for Mass Adoption

Team Bitcoin Daily



Only Blockchain Solution for Mass Adoption

For a country to develop, economic growth is paramount. However, the rate of economic growth worldwide is very imbalanced. Developed countries like China have recorded above 5% GDP growth rate in 2020. Contrary to that, South Sudan, an underdeveloped country, records -10% GDP annually. This economic imbalance has brought down several markets worldwide, hence delaying the development of countries globally.


Furthermore, currency fluctuations, inflation, and poverty greatly influence slow market growth. Fortunately, the introduction of blockchain systems resolves the issues facing the modern-day market. However, most countries trading cryptocurrencies are first world countries, and blockchain platforms are very unpopular in several nations.


Knox World Pay is the first blockchain platform to avail financial services to all types of economies, advanced and underdeveloped. The system is an invention from Apollo currency, the fastest cryptocurrency in the blockchain market.

Moreover, Knox World Pay is a mobile-based platform, targeting the 5 billion people worldwide who own mobile phones. The platform is the first and only blockchain-based system that ignites the possibility for mass adoption of blockchain.


How Knox World Pay is Developing Economies

Creating Employment Opportunities

Unemployment is one of the issues preventing development in markets worldwide. Countries in the Sub Saharan region have deeply poverty-stricken areas. Lack of jobs translates to little or no income, which in a nutshell, leads to poverty. 

Knox World Pay has a worldwide agent network that was founded to assist traders in cryptocurrency exchange. The agency acts like Banking institutions but in a more advanced capacity as agents interact directly with people—agents aid merchants in signing up for cryptocurrency accounts and using those accounts in day to day transactions.

 No requirements are needed to sign up to be an agent, so anybody worldwide can be a Knox World Pay agent. Therefore the platform is a source of employment for people in developed countries and locals in marginalized countries.

 By creating job opportunities, Knox World Pay massively contributes to economic growth.

Encouraging Entrepreneurship

Industries and businesses thrive where capital is abundant. But for an economy to develop, there is a need for an abundance of industries with several entrepreneurs. To create a stable business, the foundation of an excellent financial system is necessary. Where good banking options are inaccessible, business is on the road to failure.

Knox World Pay platform is the perfect alternative where banking systems have failed. Since the platform is mobile-based, Knox World Pay enables merchants worldwide to send and receive payments via text messages and QR codes. Therefore entrepreneurs can easily make international sales in remote areas with no internet access.

Knox World Pay helps people open up businesses in regions with no banking services, offering them financial services similar to those in first world countries. This achievement is after the development of economies both at local and international levels.

Initiating Use of Cryptocurrencies in Developing Countries

In some third world countries, inflation and corruption have weakened the value of local currencies. The financial imbalance is a norm in such countries; the gap between the rich and the poor widening every day. This imbalance has made markets in developing countries fail to sustain themselves.

Unfortunately, where local currencies have little value, international trade is difficult, if not impossible. Business enterprises have a hard time expanding their business to the global market, eliminating the possibility of an economic uprising.

Cryptocurrency can replace fiat currencies in such situations. The platform’s global agent network and offline transactions facilitate fast and secure international crypto-transactions. A business owner in Venezuela can sell goods to a consumer in Asia and get paid using BTC while completely bypassing the effects of inflation.

Service to Areas With Little Banking Reliability

Financial service availability to an economy is imperative to its development. The reliability and stability of banking systems in a country will determine the rate at which the economy thrives. Generally, financial systems in developed countries are far better than those in third world countries.

The overreliance on banking services and financial institutions has led to stagnant economic growth. Demand for these services keeps growing, and the systems can’t effectively serve everyone. Residents of rural areas in developing countries have to cater to costs such as bus fares to reach their banks. First world countries have districts with few banks encouraging long queues, making it tiresome for people to make transactions.

When most of the country’s population has access to fantastic financial services, the economy eventually develops. Economic growth is inevitable because everyone locally and globally, is financially represented. The platform is fast, user-friendly, and has minimal costs. People can say goodbye to extra expenses such as bus fares, bank account charges, and long tiring queues in banks. 


Economic development is key to a nation’s success. For economic growth to occur, capital availability and good nationwide financial services are necessities. Knox World Pay gives users the best cryptocurrency exchange experience, thereby expanding local businesses and providing premium financial services to even secluded parts of the world.

Knox World Pay is the only blockchain platform that has the potential to give financial services worldwide. International economic growth is undisputedly imminent as people can comfortably trade anywhere, anyplace, and anytime thanks to Knox.      

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Hashdex Unveils Innovative Dual Crypto ETF Targeting Bitcoin and Ethereum

Team Bitcoin Daily



Hashdex Unveils Innovative Dual Crypto ETF Targeting Bitcoin and Ethereum

In a strategic move to capitalize on the growing interest in cryptocurrency investments, Hashdex has announced its plan to launch a new Hashdex Nasdaq Crypto Index US ETF, which will track both Bitcoin (BTC) and Ethereum (ETH).

On Tuesday, Nasdaq published the 19b-4 application for this groundbreaking ETF, marking a significant development in the crypto investment landscape. Unlike traditional ETFs that focus on a single cryptocurrency, Hashdex’s new offering aims to provide exposure to the two largest digital assets by market capitalization simultaneously.

The decision comes shortly after the SEC’s approval of Bitcoin Spot ETFs earlier this year and amidst ongoing evaluations of various 19b-4 applications for Ethereum Spot ETFs in May. This move positions Hashdex uniquely in the market, allowing investors to benefit from the potential of both BTC and ETH in a single investment vehicle.

Bloomberg expert Seyffart weighed in on the announcement, noting that a dual BTC and ETH ETF from Hashdex, weighted by market capitalization, is a logical progression in the evolving ETF landscape. While Hashdex opted not to pursue an Ethereum Spot ETF application alongside other major issuers, their focus on a hybrid ETF underscores their commitment to innovation and strategic diversification.

According to the application, the Hashdex Nasdaq Crypto Index US ETF will include cash holdings but refrain from incorporating additional cryptocurrencies. If approved, custodianship will be entrusted to industry leaders Coinbase and BitGo, with the SEC’s final decision expected by March 2025.

This initiative marks a significant milestone as the first US spot ETF application encompassing more than one cryptocurrency. Current plans allocate approximately 74% of the ETF’s portfolio to Bitcoin and 26% to Ethereum, reflecting the respective market capitalizations of these digital assets.

While similar investment products are already available in Europe, such as Bitpanda’s Bitpanda Crypto Index 5/10/25, which tracks the largest cryptocurrencies by market cap, Hashdex’s dual crypto ETF aims to provide US investors with a novel opportunity to diversify their crypto holdings within a regulated framework.

In summary, Hashdex’s innovative approach to launching a dual BTC and ETH ETF underscores the increasing integration of cryptocurrencies into traditional financial markets. As regulatory approvals progress, this ETF could pave the way for broader acceptance and adoption of digital assets among institutional and retail investors alike.

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Trader burns $340,000 in one minute with TrumpCoin

Team Bitcoin Daily



Trader burns $340,000 in one minute with TrumpCoin

A Memecoin investor had to pay a heavy price for his mistakes. The trader lost over 340,000 US dollars in one minute. How the faux pas could have happened.

Memecoin Trader Loses Over $340,000 in a Minute Due to Fraudulent Transaction

A memecoin trader has reportedly lost more than $340,000 in less than a minute, according to the on-chain analysis service Lookonchain on X (formerly Twitter). The incident involved two transactions on Solscan, revealing a significant financial mishap.

On June 18, the trader attempted to exchange 2,500 SOL (approximately $342,000) for the newly launched TrumpCoin (DJT) using a trading bot. However, instead of receiving the legitimate DJT tokens, the trader was duped into obtaining 92,000 fake DJT tokens created by fraudsters. These fraudulent tokens were worth significantly less than the genuine ones.

The transaction took place through a “fake” liquidity pool on Raydium. This pool was not sufficiently funded and was filled with DJT tokens created by scammers. When the trader attempted to convert the DJT tokens back to Solana, the scam became evident. Unfortunately, by this point, it was too late, and the trader’s initial 2,500 SOL had dwindled to just under 5 SOL—a loss of over $340,000. For the fake DJT tokens, the trader received only $673.

The DeFi (decentralized finance) space is rife with such scams, where fraudsters set up fake liquidity pools to exploit traders’ mistakes. Some decentralized exchanges (DEXes) issue warnings to users about these scams, but trading bots typically do not provide such alerts. This lack of warnings is especially problematic with newly launched coins, where traders can easily fall into the trap of exchanging for the wrong tokens.

This incident highlights the perils faced by crypto investors beyond the usual price volatility. The affected trader remarked on X, “Life goes on,” reflecting a resigned acceptance of the loss.

Despite this unfortunate event, the world of memecoin trading has its success stories. Some traders have achieved remarkable profits in short periods. For instance, one trader became a millionaire in just five hours, while another made a profit of $9.5 million in ten days by trading the celebrity token MOTHER, associated with US rapper Iggy Azalea.

This stark contrast between potential gains and significant losses underscores the high-risk nature of the cryptocurrency market, particularly in the memecoin sector. Investors are reminded to exercise extreme caution and conduct thorough research before engaging in such trades.

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WEMIX3.0 welcomes Sygnum as Node Council Partner “WONDER 18”




  • Sygnum will contribute its digital asset expertise and operational experience as a regulated bank to further enhance the reliability of the WEMIX3.0 Mainnet
  • The banking group will also participate in its protocol governance and contribute to the expansion of the WEMIX ecosystem

Leading global web3 developer Wemade is proud to announce that Sygnum, a global digital asset banking group, is joining the WEMIX3.0 Mainnet’s Node Council Partners as “WONDER 18”. The NCPs, known as 40 WONDERS (WEMIX On-chain Network of Decentralized Ecosystem Regulators), validate transactions and blocks on the blockchain, while maintaining connections with newly added nodes to ensure the stable operation of the Mainnet. Each new NCP, assigned a number between 1 and 40, plays a critical role in upholding the integrity and security of the WEMIX3.0 Mainnet.

Sygnum will contribute its digital asset expertise and operational experience as a regulated bank to further enhance the reliability of the WEMIX3.0 Mainnet, participate in its protocol governance and contribute to the expansion of the WEMIX ecosystem.

Sygnum is a global digital asset banking group, founded on Swiss and Singapore heritage. It empowers professional and institutional investors, banks, corporates and DLT foundations to invest in digital assets with complete trust. The Sygnum team enables this through institutional-grade security, expert personal service and a portfolio of regulated digital asset banking, asset management, tokenization and B2B services.

More information on Sygnum ( and 40 WONDERS ( can be found on their official websites.

About Wemade 

A renowned industry leader and innovator in game development, WEMADE is leading a once-in-a-generation shift as the gaming industry pivots to blockchain technology. WEMADE aims to accelerate the mass adoption of blockchain technology, and is building through its WEMIX subsidiary, an experience-based, platform-driven, and service-oriented mega-ecosystem that will offer access to a wide spectrum of intuitive, convenient, and easy-to-use Web3 services. / 

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