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Crypto Exchange Zipmex resumes certain Altcoin withdrawals

Cryptocurrency exchange Zipmex has resumed withdrawals of some altcoins in addition to Bitcoin and Ethereum. So far, there are no updates on Bitcoin and Ethereum withdrawals. The withdrawal of withdrawals on Zipmex came after the other two exchanges Babel and Celsius froze withdrawals.

The cryptocurrency exchange has now started allowing users to withdraw some tokens from their trading accounts. Zipmex also mentioned a schedule for withdrawals of Solana, XRP and Cardano from merchant wallets. Market movers like Bitcoin and Ethereum still remain blocked.

The cryptocurrency exchange operates in Thailand, Singapore, Indonesia as well as Australia and has stopped withdrawals stating:

Volatile market conditions and resulting financial difficulties for our key business partners.

Sometime last week, the Securities and Exchange Commission of Thailand issued an order to the Zipmex Thailand unit asking them to resume withdrawals in some digital currencies. As per the schedule, Solana tokens will be delivered on Tuesday, while XRP withdrawals are expected to wait until Thursday; however, Cardano will be available for withdrawals on the same day as Solana.

Crypto Exchange Zipmex is working to recover deposits

Zipmex has a link to Celsius and Babel and mentioned that both companies have respectable status due to financial support. It also stated that due diligence was ensured in this case.

At the moment, the company continues with the recovery of deposits from Babel Finance. Along with that, the cryptocurrency exchange also assured that the bankruptcy rumors are false. He clarified that he requested a moratorium before the Singapore court.

This ensures that Zipmex has enough time to analyze the issues and decide on an outcome acceptable to customers. To address the current liquidity crisis, it is working with Celsius and Zipmex to find a rescue package with investors.

quoted zipex,

We promise to resolve the Z Wallet situation and resume services. That is why, after stabilizing the situation, we are releasing unaffected digital assets namely: ADA, SOL and XRP into users’ trading wallets starting tomorrow, August 2, 2022.

The road to recovery

An anonymous Zipmex shareholder made an additional investment in the company’s native token. This was done to support the company, increasing investor confidence. It also ensures that token development stays on track.

While the cryptocurrency exchange has not said anything about Bitcoin and Ethereum withdrawals, the move to unfreeze a select number of cryptocurrencies is a positive step towards recovery. In the month of July, co-founder Akalarp Yimwilai in a YouTube video was allegedly in talks with interested investors.

Regarding the same, the company mentioned that negotiations are still ongoing, but potential investors have already signed a confidentiality agreement after having examined the exchange’s finances. There is still no official statement on the outcome of these negotiations.

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Kryptomon Launches Exclusive User Acquisition Campaign on TikTok

Leeuwarden, Netherlands, July 25, 2022, Chainwire

Despite the slowdown in market conditions, The Kryptomon Company shows no signs of slowing down. In their recent Series A funding round led by NFX, they successfully raised $10 million, bringing the company’s valuation to $50 million.

Now, just two months after the funding announcement, Kryptomon has marked another milestone in its expansion plan by launching a unique and exclusive user acquisition campaign under the “TikTok For Business” program.

The program supports companies like Kryptomon looking to reach new audiences by running creative video ads on the popular TikTok platform.

Kryptomon is one of the first blockchain gaming companies to be licensed to work and advertise through TikTok in Southeast Asian countries. With TikTok seeing over 1.2 billion monthly active users, this partnership will no doubt be a big step forward in Kryptomon’s journey to break into the mainstream gaming market.

Additionally, recognizing Kryptomon’s potential to become a market leader in the blockchain gaming space, the TikTok gaming advertising team has been working closely with the Kryptomon team. Kryptomon can now leverage TikTok’s deep industry experience in regulating and optimizing campaign ad sets to ensure its content reaches the widest possible audience.
The results speak for themselves: the ads are already active in several countries and have already accumulated millions of views. Based on the learnings from this first run of campaigns, Kryptomon’s advertising efforts will likely not stop there, but will continue to aggressively expand into other regions.

The expected growth of Kryptomon players due to this user acquisition campaign comes at a perfect time as Kryptomon will soon launch its official mobile app. Currently only available to closed beta testers on Android operating systems, it will soon be offered to the general public on iOS and Android.

about kryptomon

Kryptomon is a Blockchain NFT Play-and-Earn game where Pokémon meets Tamagotchi and CryptoKitties.

Breed, train and fight with your NFT Kryptomon. It’s a new world where trainers can live a new adventure on Blockchain.

Set in the Kryptomon metaverse, community members play as “Trainers” of their own individual monsters, Kryptomons, each of which is a completely unique digital asset connected to an NFT. Each has a unique but changeable genetic code, made up of 38 random parameters that determine every aspect, physical and behavioral, of the creature.

Not only does this ensure that each Kryptomon is unique, it also brings each Kryptomon to life as a digital companion in Kryptomon’s metaverse. Cryptomons are able to learn, get sick, go hungry, and protect their trainers when they are on an adventure in the physical world. In turn, trainers will have to care for, feed and train their Kryptomon companions to grow and prepare for the battles to come.

Kryptomon creates the next step in the evolution of crypto gaming using advanced blockchain, digital genetics and location-based technologies.

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Best Bitcoin Casino Sites: List of TOP BTC Gambling Sites

Cryptocurrency casinos are an increasingly popular way for many casino fans to play online. Sometimes called Bitcoin casinos after the most popular type of crypto of the same name, more and more crypto sites launch each year.

A great Bitcoin casino will offer:

Anonymous and secure online gambling, with little or no info required from the operator

Loads of different crypto options, from classic and popular coins like Bitcoin or Ethereum to stablecoins like Tether or meme coins like Doge

Exclusive Bitcoin or blockchain-based games, that can be provably fair

Larger welcome bonuses than online casinos from highly regulated markets
Best Bitcoin Casino Ranking

But how does a new crypto casino player get to know all that? Finding all the information, never mind the nuts-and-bolts clauses behind the scenes, can take a lot of time.

That’s why we assembled this list of top bitcoin casinos. Casinos come to us, and our expert reviewers look at every detail of the site before rating them. All, so you don’t have to. Easy!

So, what is the best bitcoin casino we’ve looked at then? Well, you can see below for our expertly assembled top list.

However – some things are not exactly quantifiable. The best Bitcoin casinos have unique aspects to them, so you can’t necessarily say which single ones are the best!

Generally, we tried to put our top list in order. But, for example, some sites will focus on exclusive Bitcoin casino games – while others will have more games from traditional providers. Others might have the biggest welcome bonus, but they don’t offer so many crypto casino games to use with.

Swings and roundabouts. Anyway, any casino on our top list is at least worth checking out for one reason or another!

Take a look today for a comprehensive list of the best bitcoin gambling sites available right now.

Wherever you are in the world, whether you’re looking for the best bitcoin casinos in Ghana or the best Ethereum casino in New Zealand – our international options have you covered.

Just take a look on the best bitcoin casinos overall:

  1. 7Bit Casino – over 1500 games from a very reputable operator
  2. Bitstarz – Hugely popular site with in-house crypto purchases
  3. WildTornado – Over 6000 games and a unique loyalty scheme
  4. mBit – Loads of games and bonuses with fair terms
  5. KatsuBet – Over 3000 slot games available
  6. Bitcoin Penguin – Try any and all games for free, no account needed
  7. Crypto Wild – Crypto-only casino with exclusive blockchain games
  8. Betplay – Unlicensed international option with lots of cryptos
  9. Cloudbet – Huge range of cryptos and a truly massive welcome bonus
  10. Betchain –  Very well-designed site from a highly-regarded owner
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Sudbury woman saved from Potential cryptocurrency scam

One woman was in the right place at the right time, which kept her from becoming the latest victim of a cryptocurrency scam.

How a woman was stopped from being the last victim

The elderly woman is believed to have withdrawn approximately $30,000 from her bank account. He then headed to a bitcoin ATM in the city of Sudbury. There, she was directed, over the phone, by someone claiming to be on the Microsoft support team. They were giving you instructions on how to transfer the money through the machine and send it to a specific address.

Area police say what most merchants probably already know… that the caller was not from Microsoft. They were actually a scammer looking to get some cryptocurrencies they didn’t earn. Sudbury Police Spokesperson Lieutenant John Perodeau explained in an interview:

She was hacked. Fortunately, we were able to intervene and she was able to deposit the money into her account.

Crypto scams have increased in volume in recent years as the prices of many assets, despite recent declines, have risen sharply from two years ago. Perodeau says the woman fell victim to ransomware that ended up causing all files on her computer to be encrypted and locked. They gave him a phone number that he thought was Microsoft support. He called the department for help without realizing that this was all part of the scam.

He was instructed over the phone to buy bitcoins through the machine and send the funds to “Microsoft”. Perodeau explained:

As soon as you provide the code, the money will disappear.

Bitcoin ATMs are becoming much more common. On the one hand this is not a bad thing as it contributes to the growing legitimacy and popular appeal of digital currencies, but it has also led to the resurgence of crypto crime as with so many ATMs it is much easier to scam people and steal your digital funds.

Seniors are often targets of these types of scams because they don’t realize the breadth of today’s new technology. They also tend to have limited knowledge of cryptocurrencies and digital finance.

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Switzerland-based cryptocurrency mining company expands operations to Texas

The company said its US operations will have an initial capacity of 3 megawatts, with the company’s total hashrate targeting more than 1.6 EH/s.

White Rock Management, a Swiss-based cryptocurrency mining company, said it will expand its operations to the United States, starting with Texas.

In an announcement from Mars, White Rock said that it will partner with Natural Gas Onsite Neutralization, the NGON, a company that captures natural gas that would otherwise burn and convert it into energy for use in Bitcoin (BTC) mining operations. the company. White Rock said it will operate from the NGO’s facilities in the Vale do Brazos region, mining BTC using “environmentally responsible” methods.

According to White Rock CEO Andy Long, the move to Texas was just the first in the company’s plans to expand its BTC mining operations into areas capable of providing power from natural gas outside the reach of the electrical grid. from the USA. The company started mining cryptocurrencies in data centers in Sweden in November 2021 and reported that its operations in the United States will have an initial capacity of 3 megawatts, aiming to have the company’s total hashrate greater than 1.6 EH./s.